Mynd44, fergie001. I believe the antispam bot banned me unfairly from Foreign Affairs. Please can you help me look into it. Thanks

LordAdam16:


https://www.bloomberg.com/news/articles/2024-05-28/naira-jumps-most-since-january-after-central-bank-sold-dollars-ngn-nigeria

It'll be another transient gain.
$1.3B futures contract is due tomorrow. The CBN flooded the market to precipitate a sharp drop so as to reduce their bill.

If you can source the $ at 1200 or less, load up.

-Lord

This looks to be perfectly accurate already

Well done sir

Slap on the wrist for inflation

Grandstar will be disappointed

grandstar:


Do you know how severe the mess and damage Buhari left behind?

To understand the severity, I wrote off his government and the economy once he began tinkering with the exchange rates, I knew the economy was in big trouble! The economy experienced 2 recessions under his watch!

It's so bad than Charles Soludo, an opposition governor and economist recently sympathized with the president.

In 2022, the government spent over 100% of its revenue servicing debt.This means after servicing its debt, it has zero cash to fund the budget. That would mean it would have to borrow every kobo to finance the budget!

This is very important for the country to understand because as much as many despise Tinubu’s character and what he stands for, blaming the current economic situation on him is just going to make room for another incompetent bigot like Buhari enter office again. Our history needs to be accurately recorded and remembered for us to ever progress

If we were lucky though we would have a less divisive president from an opposition party right now and the country would be entirely focused on digging deep into the destruction that went on for a good 8 years under the Failure in Chief that is PMB

TheLawAsItIs:


Baba, I applied online, processed, and collected my passport without paying a dime as bribe to any officer.

The Minster is doing well. Let's support him to vent do better.

Oga people were doing the same before he came into office

Nothing has changed. Tunji promised in his interview with Seun from channels that from 8th of March people in diaspora can do the entire application including their biometrics at home. He then posted this tweet 9th of March. Today is the 14th of March. Still nothing has changed lol. People are still seeing appointment dates many months away in a location many miles away. Just like it used to be lol

Let’s not celebrate unfulfilled promises. If he has failed he should tell us

borntoexcel2000:
Nothing has changed,

I just paid 242$ (230$ plus VAT) to renew mine from the link above, I got a date for my biometrics in London in July (ending). So Nothing has changed for me. I did this application just yesterday. I thought everything will be online, we wouldn't need to book appointments for biometrics (capturing).

Imagine, no date till July. Na wa o

The man tweeted it. Yet absolutely nothing has changed for diaspora people. And no one is reporting it

Yet “Tunji is working” lol

Nigerian ministers never fail to disappoint. Shame

Who will make it compulsory lol

Forgerrit

Tombrown3:

Yeah, that's the point, our act of "dollarising" everything is the reason we are here in the first place.

We are contributors to the hardship, that's my own point. Instead of fighting for a better governance, we tend to take advantage of the hardship. Which in turn makes it even harder.

Lmao

Oga people react to their environment

It’s the law of economics. People have seen that they can’t trust the Naira because the government proved itself to be completely incompetent for 9 years, by chasing away foreign investors, artificially hiking food prices with economic illiterate border closures, borrowing foolishly and stealing from its citizens by printing money with no regard for the consequences

You better wise up yourself and protect any savings you may have my friend ❤️

Lmao

I don’t know about that one but he certainly went into office with very little goodwill from the people

Even Buhari had tremendous goodwill when he entered office, even from people that didn’t vote for him

Maybe that counts for something

Lesson: always try to be of good character. No matter your competence, character matters

PS: I wish PBAT well because I wish Nigeria well. But he deserves very little sympathy because he’s clearly of shady character and he inflicted the incompetent PMB on us for his personal ambition when he should have known better

Kyase:


Abeg leave me with Tinubu mata, the man no sabi anything
Person for vote atiku instead sef, than this nonsense we keep for aso rock

This guy you always emotional

I come in peace this time lol. The issues you see today are entirely the fault of the Failure in Chief that was PMB. PBAT just removed the duct tape immediately he entered office and everything fell apart

I believe it is a political calculation on his part. Things were definitely going to collapse after the foolishness of his predecessor. PBAT decided to accept the collapse earlier rather than later in his tenure

I’m convinced things will get better. Love him or hate him, Tinubu is atleast trying to pursue capitalist policies which should pay off in the long run

I still believe Obi was the best choice but it’s clear that Tinubu has some economic literacy unlike the desperately incompetent and bigoted Buhari

E go better ❤️

Throwback:
The next step is to outlaw forex processing for foreign education for a minimum of 10yrs.

Any Nigerian that wants to be educated abroad should look for the money abroad.

We have schools here that can take those huge amounts of Naira we employ to buy forex for UK or American or Canadian education.

We need to jump-start our tertiary education system with better infrastructure, improved quality of education, improved salaries, and improved school fees.

Tough times require tough measures.

Lmao

If Soludo win re-election e go pain you die lol

All these so called “poor quality roads” might be the first of any sort people in those areas have seen

At least he’s putting the money on the ground and not in his pocket unlike some others

Anyway I already know why you hate him so much so I’ll see myself out now ❤️

fergie001:


Liverpool FC

Wait what

EDIT: Omar Berrada should tap him up

fergie001:

The last paragraph was unnecessary. Good on her for apologising but she still has a lot to learn

PS: I hope they adjusted for inflation when repaying this debt lol

I have taken time out to reflect and now it’s clear to me I should have handled events differently. It didn’t have to come this far and i sincerely apologize.

This is a teachable moment for me and i strongly appreciate the constructive criticisms. I will handle things better going forward.

That said, @GRVlagos oko mi! I know I don’t do this enough but I’m incredibly lucky to have you. Thank you for being kind, patient, and loving. My knight in shining armour 😍.

Forget all this ‘shalaye’ on the timeline, you’re eating well this week - and I’d also be on the menu 😉.

Seun:
I'm happy that women are engaging with this thread, even if it is to express their displeasure. That's what this section needs. At least they know that whatever they have to say will not be dismissed or attacked unfairly on this thread, because someone who is fair-minded is watching it.

I have observed a difference between the way that young women and young men respond to gifts. I'm not sure that it applies to older people. My female friends often tell me what other men are doing for them as if they expect me to join an expensive competition for their attention. It seems clear that the way young men chase young women makes them feel entitled to receive gifts. Making it difficult to appreciate every gift.

It's just an observation that I made from my life, and I wanted to see if other people have had the same experiences or if I'm completely wrong.

Uncle Seun reason am now

As very young children we all grow up seeking the approval of our elder siblings, parents, teachers etc.

At a certain point in the teenage years for women they start to notice that not only do they now have automatic approval from guys but guys are now seeking their approval. The beauty of biology

Guys will often say whatever, do whatever and gift whatever just for their approval. The gifting of things can naturally start to lose its value. This would be the same for men if this was our lived experiences.

I personally feel a lot of the behavioural differences between the sexes is as a result of the different lived experiences. I suspect men would behave like women in many other ways if they lived through most years of their lives being treated like women. And vice versa

Wainey:
Hehe, forget about ladies.
There is no more important discussion on NL again, everyone behaving unruly and recalcitrant just because they claim to have swallowed a pill.

If you want a better forum to express your emotions, just go to Reddit.

I missed the old days when mature people are on NL, seun isn't doing anything about this misogynists

This made me lol

The way I see it those who claim to have gone on an enlightenment journey but end up hating women haven’t swallowed any pill. They're choking on it

Maybe it’s part of the process but from all I’ve seen people that truly understand differences between the sexes tend to realise that female tendencies are actually very logical from the female perspective. And many of these people grow to love women as they truly are

Workch:
So you are now aligning with an ofenmanu person because we are calling Slowudo what he is. A failure and an Ojionu 😂

You want a yoruba or an Agbadorian person to justify you, you think that guy gives a Bleep about you and Anambra? He doesn't 😂

He will probably troll Anambra tommorow whenever he gets the chance.

I am here for you and that your dog

On what basis have you assumed my tribe lmao

Anyway it doesn’t even matter. I’ve followed OP for a long time from his Anambra1stSonn handle to BeautifulMind2 because of his updates so I definitely care lol

Again I ask, did you criticise Soludo before his comments about Obi? It’s a good moment for you to look inward before shouting “he’s a failure” which is just ridiculous

Workch:
Gedafuk out of this thread. We don't do sentimental politics in the east. We say it the way it is.

Soludo is not performing and that's it. No one has the time to support failure or be loyal to a failure here.

You better don't interfere between fight of 2 brothers. Carry your busy body commot for here. Let's put our house in order

Lol no sir, I think I'll stay

Your aggressive response shows I'm close to the truth lol

Were you criticising him before he made those comments about Obi?

Suspect most of the anti-Soludo sentiment is just because of his comments about Peter Obi in the run up to the election

garfield1:


No,it was an emergency thing.they wanted someone to uproot amechi and wike was handy and never wanted to control wike.wike wanted to be godfather and fubara is bound by it since he agreed.he should have refused.

He's refusing now

Relax. That Osimhen chance on his left foot was harder than it looks

The boy is rapid

Gerrard59:


To solve the housing shortage problem anywhere is relatively simple:

- Increase the supply of land and ease the process of building houses/apartments. The government should also go into public housing provision. That is what the Singapore government does. After COVID, property prices ballooned because of WFH policies, returning Singaporeans from abroad, people who emigrated from Hong Kong because of kini kon CCP laws, rising costs of labour as most workers moved back to their home countries, rising costs of building materials because of supply chain backlog from COVID etc. Expectedly, citizens complained and the government rose to action by easing border rules for construction workers and investing massively into newer PUBLIC housing developments. On the other hand, she released new lands to private developers while also increasing the taxes on those who purchased more than one property. The government also increased the tax rates on foreigners who purchased properties and closed loopholes. As I write, house rents have declined considerably compared to 2022 levels. It is not magic, but specific government policies.

- In Hong Kong, prices plummeted as many foreigners emigrated for various reasons. The government still had to invest in PUBLIC housing developments to satisfy the demands of younger Hong Kongers, especially as housing is tied to marriage, which is tied to fertility rates. But because the HK City Council generates hooge revenues from land sales, the government has not reduced the prices, unlike its counterpart in Singapore. However, compared to pre-COVID, house prices have declined significantly. To prop up demand, the government has eased immigration rules.

P.S. None of those governments DICTATED or stipulated to private developers the prices they should peg to lease their properties like our resident Karl Marxes argue, foolishly as expected anyway. Dictating to private developers how to price their rented properties has not worked anywhere in the world.

---

To solve Lagos housing issues, again, it is simple:

- Lagos MUST build UP. It is Nigeria's smallest state with the biggest economy and the most populous. That is more than enough to warrant consistent and increasing demand for apartments.

- High-speed railways to Ogun, Oyo and even Osun states. Everyone must not live in Lagos itself. Well-tarred roads leading to train/metro hubs so that commuters can easily and quickly move from Point A to Point B. Make driving, especially personal cars/vehicles, expensive within Lagos itself. Upgrade and privatise the water ferry transport systems. Insist on safety, cleanliness, punctuality and efficiency.

- Other states should be opened up economically so that the majority of young Nigerians don't have to move to Lagos to begin their nascent careers. States like Delta, Edo, Ogun, Oyo, Ebonyi, Bayesla, Cross River, Benue, Nasarawa, Niger, Kaduna, Plateau, and even the unfortunate Kogi should and can be developed as commuter hubs for residents. That is how it is easy in Japan, where most commuters live in Chiba and Saitama but work in Tokyo. How is this possible? Trains!

Are we so unintelligent in that part of the world that we cannot copy good things from others who have mastered them?!

For those aforementioned states to become commuter zones, invest in infrastructure, especially roads and railways, and most importantly, in security. Again, these are simple policies. Nothing is hard here, as it is not rocket science.



Because fewer people are not building newer homes for tenants to rent. People rather build and offer as Airbnbs. The Airbnb phenomenon also affects house prices elsewhere in the world. Since private investors own those properties, the government cannot regulate them, so the government should invest in public housing. The Singapore government banned Airbnb in public housing.



How is that bad? Is the landlord unaffected by the increase in goods and services in 2024? Is the value of 50K in 2013 the same as 50K in 2024? The very reason why landlords with older homes can increase their prices to compete with newer ones is supply and demand. I already covered supply above. If the demand for residential properties remains consistently high, basic and elementary economics says there would be a corresponding increase in the prices of properties regardless of their ages.



And if the shape is renovated to 2024 standards, should the landlord lease them on 2013 prices because the property was built in 2013? Is the price of cement in 2013 the same as that in 2024? What about the wages of construction workers?



It is not wickedness but basic economic principles and concepts. Nigerians have this attitude of using words anyhow. Wickedness is when the landlord outrightly refuses to lease the property even after offered millions. Looking at it again, that is not wickedness because the landlord has the right to choose whether or not his property should be rented out.

If you want to be kind with your properties, it is very simple. Go out there to build houses and rent them out however you like. That is the beauty of capitalism: you choose what to do. Hopefully, you and many others get to practice what you people have mendaciously preached in this thread.

Beautifully written

Growing up is realising many, if not most, Nigerians are communists who haven’t even ever considered the basic economic impact of their views

Richtaiwo:

Question: Has anybody seen Buhari since he stepped down?

Several links and videos of his public appearances were shown.

Next question from clown: How come he appeared only in his home town?

Me: Where do you want him to be appearing? In your village square?

Conclusion: Foolishness is a rare gift.

Lol no oh me I’m just confirming that the incompetent and bigoted Failure in Chief isn’t doing much else post presidency like he did nothing during it

So based on the links shared by naptu2 can we confirm that the bigoted and incompetent Failure in Chief has only left his village once since he left office?

Yet, Muhammadu Buhari, who rode to power on the strength of the perception and claims that he was “clean” and was intolerant of corruption, not only never fired a single minister on account of corruption (even though Nigeria lost the most money to corruption during his regime), but he also actually weaponized his symbolic power as president to defend the corruption of his ministers and close associates.

After the alleged corruption of Gen. Tukur Yusuf Buratai, Lt. Gen. Abdulrahman Dambazzau and Babachir David Lawal were published, and it was shown that Rotimi Amaechi bribed judges and Abba Kyari accepted a N500 million naira bribe from MTN to reduce its fine, Buhari’s public response, in December 2016 was “Terrible and unfounded comments about other people’s integrity are not good. We are not going to spare anybody who soils his hands, but people should please wait till such individuals are indicted.”

But when corrupt people were indicted, he defended them both publicly and privately. For example, when Babachir Lawal was indicted by the Senate for fleecing internally displaced people in the Northeast, Buhari deployed astonishingly bald-faced lies to defend him.

PMB, the bigoted Failure in Chief and the most incompetent President in the history of our country, who rode to power on the promise of corruption intolerance, didn’t sack a single minister for corruption during his time

Incredible. One can only lol. Our future historians will look back to 2015 and study it for centuries to come lol

Racoon:
Prof cant make this kind of statement, but turn around to say Tinubu is getting the governance well. The reality is that he is not getting anything right

I’m careful of criticising PBAT’s regime too early because most of these issues are PMB failures. PBAT just ripped off the bandaid for better or worse. He has over 3 years of his first term to try and resolve things.

https://www.nairaland.com/2613012/paradigm-shift-way-forward-new#127839094

Jackie999:
He explained that about the Igbo culture. And his father too.

But why can't a person just return the bride price if his no longer happy?

But does that mean that personal happiness doesn't matter?

Why would a woman insist on staying in a marriage where there was no love or any form of romance?

It's confusing to me but I respect it 100%.

Good lessons learned.

If “personal happiness” is one’s main purpose in life then I doubt marriage (in it’s original form) is for them

As an example here’s the catholic wedding vows:

I, ___, take you, ___, for my lawful wife/husband, to have and to hold from this day forward, for better, for worse, for richer, for poorer, in sickness and in health, until death do us part. I will love and honor you all the days of my life

I’m sure you’ve heard that before but truly read it slowly and understand what they are vowing to do. You essentially promise to stick to one another, regardless of personal happiness, when you get married. This is where the anti-divorce culture comes from.

Marriage has been re-interpreted in the west and that view is slowly filtering out so I understand your confusion.

PS: they are showing their love for each other by staying together despite the lack of “romance” from your pov

Jackie999:
I was told it's a common practice for Igbos😒

Traditionally maybe but today atleast 95% are thought to be Christian and virtually all denominations preach “one man one woman”

The title doesn't match the quotes from the man himself

Misleading nonsense

garfield1:


The apex court just favoured the gov.by right,he should be removed

You were so confident though lol

Kwankwaso compensated?

Where is his ministerial appointment again lol