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Nairaland Forum / Nairaland / General / Politics / The Return Of SAP By Chris Adetayo (11473 Views)
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Re: The Return Of SAP By Chris Adetayo by CyberHustle: 10:40am On Jun 22, 2023 |
Racoon post=123956227 : |
Re: The Return Of SAP By Chris Adetayo by Procashtips(m): 10:42am On Jun 22, 2023 |
Racoon: I thought the article you posted stated that the issue started in 1981 and who was the leader in 1981? You guys won't practicing half truths, yet you want progress for the country! |
Re: The Return Of SAP By Chris Adetayo by EmeeNaka: 10:46am On Jun 22, 2023 |
mariovito:Nobody is talking about population growth. 1 Like |
Re: The Return Of SAP By Chris Adetayo by Kaycee54321(m): 10:46am On Jun 22, 2023 |
Structural adjustment program - SAP Structural adjustment program advanced - SAPA 4 Likes |
Re: The Return Of SAP By Chris Adetayo by oskylabs(m): 10:49am On Jun 22, 2023 |
Racoon: |
Re: The Return Of SAP By Chris Adetayo by lexy2014: 10:51am On Jun 22, 2023 |
Zxcvbnmghtr: Is it Racoons that wrote the article or you didn't even bother to read it? |
Re: The Return Of SAP By Chris Adetayo by oskylabs(m): 10:53am On Jun 22, 2023 |
Kaycee54321:Apt! |
Re: The Return Of SAP By Chris Adetayo by lexy2014: 10:53am On Jun 22, 2023 |
nairalanda1: Where did buhari see the 1trillion he spent on refineries without results? Is there any country in the world that has enough money? Do they all implement SAP because they don't have enough money? |
Re: The Return Of SAP By Chris Adetayo by Nobody: 10:53am On Jun 22, 2023 |
omojeesu: The Private Sector is now much worse now. Those Contractors will collect contract at the Rate of N100 per Staff from their Clients, Give Kickbacks to the Core Management of the Clients and pay the Staffs who will do the Huge Loads Of Work N10 at the end of the Day. I won't want to talk of the Workload which 5 Staffs are supposed to be doing but only One staff is assigned the huge Tasks. So you can Imagine 100×5=N500 but they are only paying 10 out of the N500. That's how Most People make money In Nigeria and they will tell you It's God's grace. An Average Typical Nigeria who is still struggling is just waiting to get to the Top and Unleash the Fury and Hardship they Unleashed on him while he/she was at the Bottom So the Cycle continues... 2 Likes |
Re: The Return Of SAP By Chris Adetayo by lexy2014: 10:56am On Jun 22, 2023 |
Procashtips: Which issue started in 1981 and where was it mentioned in the article that "the issue" started in 1981? |
Re: The Return Of SAP By Chris Adetayo by Procashtips(m): 11:01am On Jun 22, 2023 |
lexy2014: Read. Is this too hard to do? 1 Like
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Re: The Return Of SAP By Chris Adetayo by Hpesoj: 11:01am On Jun 22, 2023 |
nairalanda1: Lol... Don't just copy and paste. SAP have nothing to do with being an oil-dependent country or the Dutch-disease. SAP is just a a set of economic reforms that countries (over the years SAP loans are mainly distributed to developing countries with Nigeria being the only oil-dependent country on the list) must adhere to in order to secure a loan from the Bretton Woods institutions. |
Re: The Return Of SAP By Chris Adetayo by Deeprooted: 11:03am On Jun 22, 2023 |
For those asking what is Structural Adjustment Program, read up my M.Sc thesis to have an insight |
Re: The Return Of SAP By Chris Adetayo by rejoice4eva(m): 11:03am On Jun 22, 2023 |
okomile:Keep quiet for once. It is your right to keep quiet, without abuse while he express his legitimate opinion! |
Re: The Return Of SAP By Chris Adetayo by lexy2014: 11:09am On Jun 22, 2023 |
Procashtips: How does your screenshot answer the question? Which issue started in 1981 and where was it mentioned in the article that "the issue" started in 1981? |
Re: The Return Of SAP By Chris Adetayo by Roger3D(m): 11:22am On Jun 22, 2023 |
A lot of young people of the Gen Z generation cannot relate to the economic turmoil of the late 1980's during the Babangida regime SAP policy. All they know is to shout 'Emilokan' on social media. Tinubu is taking Nigeria down a similar road and it will not end well |
Re: The Return Of SAP By Chris Adetayo by nairalanda1(m): 11:24am On Jun 22, 2023 |
Hpesoj: The article explains why we have to do SAP. Ultimately, it's because 'we are not making enough money' because we do not want to do the policies that make us more money. That oil we have, we don't have enough of it, and we are too reliant on it. And we are very reliant on oil...to the point that our budgets always are based on a 'hypothetical oil price' and our revenues are largely oil based. We also don't have a high enough tax to gdp ratio, meaning we rely more on oil instead of taxes. The IMF may be evil, but we haven't been doing much to free ourselves from its grasp.... |
Re: The Return Of SAP By Chris Adetayo by LeopardX: 11:38am On Jun 22, 2023 |
EmeeNaka:This is a very big concern bros. And nobody is talking about it. Economy grew by 5% under IBB according to the article, but the population increase of 3% made the effect of the said growth insignificant. 1 Like |
Re: The Return Of SAP By Chris Adetayo by Procashtips(m): 11:41am On Jun 22, 2023 |
lexy2014: Do you know what "no where near the peak of 1981" means? It means the decline started after the 1981 peak. 1 Like |
Re: The Return Of SAP By Chris Adetayo by LeopardX: 11:48am On Jun 22, 2023 |
lexy2014:Or where did OBJ see $16bn for power project that was wickedly embezzled? We fail to agree that corruption, nepotism (which breeds incompetence) and explosive population growth are the major causes of Nigeria's problem. 'we are not making enough money, yen yen yen'. The little we have was mismanaged, so what's the guarantee that the freed up funds from all subsidies removal will be judiciously used? Jesus said, "he that is faithful in little, will be faithful in much. He that is unfaithful in little, will be unfaithful in much'. Solomon said, "when goods are increased, they are increased who eat them' So it's clear that corruption is Nigeria's main problem, whether she has little or much. |
Re: The Return Of SAP By Chris Adetayo by pacespot(m): 11:50am On Jun 22, 2023 |
E don tey wey Nigeria don dey suffer under Fulani-occasssioned economic Armageddon. |
Re: The Return Of SAP By Chris Adetayo by happney65: 1:04pm On Jun 22, 2023 |
When we tell you Tinubu a neo capitalist will fail woefully and you will start missing buhari some people say I should stop saying that. It is anctedents. Stop using ethnic and primodal sentiments to vote for an individual una no go hear Shior |
Re: The Return Of SAP By Chris Adetayo by lexy2014: 1:05pm On Jun 22, 2023 |
Procashtips: How does your screenshot answer the question? Which issue started in 1981 and where was it mentioned in the article that "the issue" started in 1981? |
Re: The Return Of SAP By Chris Adetayo by Everlastingson: 1:09pm On Jun 22, 2023 |
BarrettMRAD: Thank you. Some goons here praising Tinubu think it's a tribalism thing. They do not know that their future is being destroyed |
Re: The Return Of SAP By Chris Adetayo by soccerlite: 1:16pm On Jun 22, 2023 |
History repeats |
Re: The Return Of SAP By Chris Adetayo by soccerlite: 1:18pm On Jun 22, 2023 |
nairalanda1: What of Saudi and co Are they doing too |
Re: The Return Of SAP By Chris Adetayo by Procashtips(m): 1:26pm On Jun 22, 2023 |
lexy2014: Continue. |
Re: The Return Of SAP By Chris Adetayo by nairalanda1(m): 1:47pm On Jun 22, 2023 |
soccerlite: Before we start, I am not here to be excusing any bad government. I myself believe that the APC has run this country badly, as has the PDP, and other governments. Okay, here are some facts. Saudi produces 10million barrels of crude and has 40 million people. Qatar produces 1.5m barrels of crude and has 1.8m people. UAE produces 2.8m barrels of crude and has 15 million people. Nigeria, on the other hand, has 220 million people and produces 1.4million barrels of crude a day. In other words, if Nigeria were to have enough oil money for its needs, it is either our population magically shrinks to 1-10million people, or we start producing something like 100million barrels of crude a day. [b]That is why people have been shouting at us...including economic experts, that we have to diversify our economy away from oi[/b]l. Infact, the shouting has been going on for decades. Governments never hear. |
Re: The Return Of SAP By Chris Adetayo by Badonasty(m): 2:13pm On Jun 22, 2023 |
Lol…was channels tv operating in 1992 as claimed by the writer? |
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