Sunday, 27 March 2016

What We do. Written by Prof. Yucee Landa Henry Liberated

We don't take nonsense from anybody. We learn sense from them. And that is why we are great today. Prof. Yucee Landa Henry

Wisdoms for living. Written by Prof. Yucee Landa

Christ has risen. You shall rise.
You can't get much if You can't give much.
Sleep a lot, You will miss a lot.
The night must come even though the clock stops counting. Don't give any excuse. Your time may listen to You, but weather and climate ( Creators time) will never listen to You
Keep doing what You do, don't listen to words of discouragement. So long as what You do does not offend humanity.

When You clear a bush, new weeds will grow. Always expect enemies, even after Your recent defeat.
Dogs bark at scary and unfamiliar things. Do not pet unwanted situations, bark at it, shout at it, push from it. Don't take it kindly with that which You don't want, except You don't want it to stop.
Lions don't kill lions, they go for kangaroo, birds etc. But Humans eat Humans. Fear Men. Their hearts are greatly evil.
When You have worked and tired, please relax, but don't rest. For great exploits requires great effort.
Ideas of  Prof. Yucee Landa. 

Saturday, 26 March 2016

XTACY MUSIC

yuceelanda.blogspot.com.ng

SPONSORED BY XTACY MUSIC

yuceelanda.blogspot.com.ng

XTACY TRADES WORLD 
PRESENTS
THE FORTH COMING CALABAR CARNIVAL 2016
PROMISES TO BE FUN FILLED
YOU ARE WELCOME TO CALABAR
PARADISE CITY

Friday, 25 March 2016

Happy Easter

EASTER SPECIAL!!!!

Happy Easter. Catch the fun, catch the vibe. But don't forget. Christ died to save You and Me. Our investments are resurrecting, our finances are resurrecting, our health is resurrecting. Our troubles and worries and affliction will be buried like the flesh for life. Show affection to someone this season.
Happy Easter once again
Prof. Yucee Landa Henry Liberated

Save Your Contacts on Google. View

Did you know you can access all your phone contacts online via contacts.google.com if you have synced your phone with a Gmail?

Thursday, 24 March 2016

NIGERIA'S CURRENCY CRISIS. CAN YOU SPARE A DOLLAR?


How to make a hard-currency shortage worse - The Economist.

THE mutterings of discontent are growing louder in Nigeria’s street markets.

The price of a bag of rice has surged by 12.5% in the past month.

Supplies of bread have dwindled after bakers turned off their ovens to protest about the rising cost of flour.

The rich lament that milk is missing from supermarket shelves.

The poor complain about the price of garri (cassava flour). A fish importer estimates that 70m Nigerians can no longer afford his wares.

Such are the symptoms of Nigeria’s foreign-exchange crisis. Africa’s most populous nation exports oil and imports nearly everything else.

As oil prices have collapsed, Nigeria’s foreign earnings have tumbled with them, putting huge pressure on the naira, the local currency.

Yet President Muhammadu Buhari refuses to allow the naira to devalue, fretting that this would fuel inflation.

Economists point out that a weaker currency would simply reflect that Nigeria is poorer now than it was when oil was above $100 a barrel. He ignores them.

Since Mr Buhari came to power in May, the central bank has kept the official exchange rate artificially strong and restricted the supply of dollars.

It refuses to release any for imports of a range of goods including meat, margarine and toothpicks.

The policy is not working: inflation hit 11.4% in February and growth has fallen to 2.1%.

Factories are closing down for lack of supplies and the managers of those still running spend much of their time trying to find things to sell abroad to raise dollars, such as gold jewellery or gum arabic.

Most have been pushed into the black market, where they pay about 60% above the official rate unless they are lucky enough to get some of the $200m or so released each week by the central bank.

That the bank has the power to hand out subsidised greenbacks naturally invites corruption.

An executive at a big importer says its budgets now include a 30% “premium” to be paid to central bank officials to get dollars.

Yet Mr Buhari seems unlikely to change his mind.

So senior members of his party are now pushing for some form of dual exchange rate.

This would leave the naira’s official value unchanged, satisfying the president, while legitimising a parallel market that would supposedly be used for non-essential imports.

In practice most currency flows would soon be made at this new market rate.

This solution is far from optimal—the central bank window would be a continued source of corruption and patronage—but better than the status quo.

Without some flexibility on the currency, expect food shortages to worsen.

EASTER WISHES

EASTER WISHES

Happy Easter in Advance. Remember to live correctly. Christ died to save You This week, thousands of years ago. 

Wishing You all a Happy Easter!!!!!
Prof. Yucee Landa Henry