Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,159,193 members, 7,839,057 topics. Date: Friday, 24 May 2024 at 01:05 PM

NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News (27635 Views)

Hunger Protests: Why Tinubu Can’t Govern Like Buhari By Farooq A. Kperogi / Updates On The NLC Protests Nationwide / ASUU Strike: NLC Protests Rock States In Nigeria (Photos) (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by predictor1: 3:24pm On Feb 27
Chucks13:


Ok, it's no longer Buhari has ruined Nigeria?

Your laziness ruined you.

Be honest wth yourself since Gej era till date tell us where you have worked? Business you have done to better your life? The farming or handwork or trade you have done or doing till date? Tell us with proof.

You use 8 years to insult Buhari then we came here and warned you and your group to leave Buhari and govt matter and focus on your life, go get job, go do farming, go raise goats, snails, grass cutter etc, go learn trade etc hard days still ahead, you never hear us instead you dey insult us now ghen ghen don knack u come dey talk ruined ba? Your laziness and no ambition ruined you.

Your moniker says it all "Amegedn "666" descendant no wonder obi is your Emperor we know now.
cheesy You Sabi am before?
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Victerica(m): 3:25pm On Feb 27
Toluwanise247:

Sure far better…. Majority of our leaders don’t know how to foresee future they only think of today

But, better days ahead.

When there is life, there is hope.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Procashtips(m): 3:25pm On Feb 27
BBC is sick.

Blaming inflation on the war in Ukraine!

Which useless war in Ukraine is causing Inflation?

All of Una dey mad together.

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by LandMann: 3:25pm On Feb 27
datola:
He told the BBC's Newsday programme that the previous government had asked the country's central bank for short-term loans to cover spending amounting to $19bn.

The bank printed the money, which helped fuel inflation
, Mr Adebajo said.He told the BBC's

Buhari and Emefiele set the trap for the present government.



Telling lies to defend Tinubu makes anyone doing so look extremely stupid

https://punchng.com/tinubu-to-buhari-print-more-naira-notes-suspend-vat/?amp

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Toluwanise247(m): 3:28pm On Feb 27
Victerica:


But, better days ahead.

When there is life, there is hope.
Sure … nice one bro …. Nairaland sweet today…. Bad energy no plenty online this afternoon
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Benekkk: 3:28pm On Feb 27
Victerica:
Una go explain tire.

This is just the beginning.

The entire world is in a mess. Mortal sins destroy a civilization.
Or, in this case, it destroys a generation and a world!

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Blacktruth: 3:29pm On Feb 27
BBC and lies are practically twins , they are full of deceit , they are also part of the problem, they should tell dia pay masters to also stop sucking us dry .
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Victerica(m): 3:29pm On Feb 27
Edusouls:
abby ? Ur right humanity is fast plunging into the pits, all over the globe is a big mess

Humans are never a means to an end. Rather, Humans are an end in themselves.

So, we must treat and cherish Humanity with the highest order of respect. Else, Humanity will end.

This is the point, we have failed to understand.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Procashtips(m): 3:30pm On Feb 27
datola:
He told the BBC's Newsday programme that the previous government had asked the country's central bank for short-term loans to cover spending amounting to $19bn.

The bank printed the money, which helped fuel inflation
, Mr Adebajo said.He told the BBC's

Buhari and Emefiele set the trap for the present government.

The useless lie a tribalist gave to the media house of Nigerian owners just to whitewash the failure we have as president!

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Victerica(m): 3:31pm On Feb 27
Toluwanise247:

Sure … nice one bro …. Nairaland sweet today…. Bad energy no plenty online this afternoon

Bro, people are tired.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Golan007: 3:31pm On Feb 27
predictor1:
Where's your evidence that he printed money and show us the evidence that a yatch was bought.

You think these obedients like the truth?

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Toluwanise247(m): 3:31pm On Feb 27
Victerica:


Bro, people are tired.
Hmmm 💯💯

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Victerica(m): 3:32pm On Feb 27
Benekkk:
Or, in this case, it destroys a generation and a world!

Yes, but there is hope.

A living dog is better than a dead lion.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Benekkk: 3:36pm On Feb 27
adonainana:


I have said it again and again on this platform

DIVERSIFY THE ECONOMY

DIVERSIFY THE ECONOMY

CRUDE OIL IS A BLESSING A CURSE

THE CURSE IS MUCH MORE BRUTAL THAN THE BLESSING

I have said it here many many times on nairaland what Nigeria must do https://www.nairaland.com/7989133/naira-rebounds-banks-offload-excess/4#128260034


Leave oil alone

Of course you’re very right! 100% in fact. Thanks for this. I hope when time gets to your existence in future it will be discovered that this timely advice was urgently heeded!
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Kilometres: 3:53pm On Feb 27
EmiloCorn:
This is the same BBC that said my ogas election was free and fair undecided

Now they turn around to gaslight him like this? angry

Treason sad

Election can be free and fare and the winner may not perform well.


Election been free and fair has little to do with governance.

The freest Election can still produce non-performing president.


Akonuche
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Truths9ja: 3:58pm On Feb 27
Economy is very bad in this government. The food commodities are unbearable now

1 Like

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by judatech: 3:59pm On Feb 27
This is powerful
adonainana:


I have said it again and again on this platform

DIVERSIFY THE ECONOMY

DIVERSIFY THE ECONOMY

CRUDE OIL IS A BLESSING A CURSE

THE CURSE IS MUCH MORE BRUTAL THAN THE BLESSING

I have said it here many many times on nairaland what Nigeria must do https://www.nairaland.com/7989133/naira-rebounds-banks-offload-excess/4#128260034



Convert all NYSC CAMPS into cash crops processing mega centres

Instead of corpers shouting corper wee wee up and down employ them to run these mega farms and produce Made in Nigeria cash crops

DO you know much land Nigeria has in the south

Till today I have never seen a crop in my life THAT CANNOT GROW IN NIGERIA.

Made in Nigeria bananas
Made in Nigeria mangoes
Made in Nigeria pineapples

Made in Nigeria cocoa

Even if it’s just one made in Nigeria something that is flooded European markets with

Then that’s all you need TO MAKE THE DOLLAR almost as strong as the naira .

The first paragraph just told you there was a time in Nigeria in 1980 where naira was stronger than dollar and that time Nigeria exported more than it imported and thus the favourable balance of trade even made it have 9 billion dollars extra

THIS IS NOT SOME ECONOMIC THEORY OR SOME TRIAL AND ERROR

DIVERSIFY THIS ECONOMY FOR GODS SAKE

LEAVE CRUDE OIL ALONE , humans eat and humans eat most crops , even cocoa that cannot be eaten directly
It is needed for making chocolates coffee

THE NIGERIAN EXPORT SHOULD BE MERGED INTO NYSC , and nysc camps should be converted to these mega farms and tons and tons of crops should be processed to be shipped out

FG should go to European countries and lobby each country to buy even if it’s made in Nigeria bananas, that are being processed and prepared in advance from the NYSC camps .

Any embassy or country that doesn’t want these MADE IN NIGERIA products should be closed down

Any country that doesn’t mind buying Nigerian oil but when it comes to made in Nigeria products it’s reluctant is an enemy of Nigeria .

This is the only way NIGERIA CAN escape poverty

PLEASE IF ANYONE CAN READ THIS

PLS I BEG YOU IN THE NAME OF GOD I AM FROM THE FUTURE . NIGERIA BECAME WORSE THAN WHAT IT CURRENTLY IS RIGHT NOW

NIGERIA pls diversify this company all oil licenses of any oil company should be revoked and tax free concessions given to AGRICULTURAL companies

Nigeria please leave crude oil alone

Sunshine is free
Rainfall is free
Photosynthesis is free

These are the 3 things you need to grow any cash crop in the whole world and feed the whole world if you are serious with it

YOU CAN SELL ANYTHING TO EARN FOREX IN THE INTERNATIONAL MARKET , it’s not only refined oil you sell there

Please convert all Nysc camps into these mega farms and start churning out tons of materials to earn good money outside

NIGERIA PLS LEAVE CRUDE OIL ALONE

THE UK import bananas all the way from Panama and South Africa

Please which country is closer to the uk.

How big is Panama and how much land does South Africa that tescos stores in the uk import all the way down South Africa for bananas

Why can’t there be made in Nigeria bananas

Why this oil curse for Gods sake

How much green land do we have in the south of Nigeria that bananas fresh good ones can’t be planted to be exported in tons

Convert all nysc camps to farms now , double allawee to corpers that want to work leave the ones who don’t want to go and be looking for thier oil corporate jobs

After converting the nysc camps into mega farms Merge nysc and the Nigerian export council and EXPORT all your wahala and earn cool forex

Find a country and export good fresh foods to this country

No one can tell me this is impossible
If elections materials can get to every nook and cranny of this country

You can’t tell me state sponsored Mega farms are impossible

ALL THE TRILLIONS SAVED FROM FUEL SUBSIDY. Invest it in agriculture and become a sole supplier of foreign countries different types of food

Tomatoes
Peepers
Cashews
Bananas
Carrots

Do you know how much crops you can grow for free and make FREE DOLLARS FOR free

Who told these guys oil is the only thing you can sell

Once again scroll back up and check the first paragraph soemthing used to happen to Nigeria before 1980

After 1980 it got carried away and chased something which is crude oil

And 50 years later Nigeria life has never remained the same

Please diversify this economy now

Besides carrots takes 3 months to grow
Cucumbers etc

There are some crops that if Nigerian becomes a sole exporter to selected foreign countries growing them would be light work

Infact self nnpc should be forced to buy shares in this new mega farms

Leave oil alone

Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Goodlady(f): 4:00pm On Feb 27
omowolewa:
BBC and sensational news
Posterity ll judge you. Your life ll be like Nigeria economy except if things are better
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by nsiba: 4:22pm On Feb 27
omowolewa:
BBC and sensational news
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by nsiba: 4:27pm On Feb 27
Chucks13:


Ok, it's no longer Buhari has ruined Nigeria?

Your laziness ruined you.

Be honest wth yourself since Gej era till date tell us where you have worked? Business you have done to better your life? The farming or handwork or trade you have done or doing till date? Tell us with proof.

You use 8 years to insult Buhari then we came here and warned you and your group to leave Buhari and govt matter and focus on your life, go get job, go do farming, go raise goats, snails, grass cutter etc, go learn trade etc hard days still ahead, you never hear us instead you dey insult us now ghen ghen don knack u come dey talk ruined ba? Your laziness and no ambition ruined you.

Your moniker says it all "Amegedn "666" descendant no wonder obi is your Emperor we know now.
.

Sharap ya mouth
Insulting Buhari and APC for 8 years is more than any work or business
What do you say BULABUL is doing
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by predictor1: 4:27pm On Feb 27
bonechamberlain:
I stopped reading this rubbish article the moment I saw "war in Ukraine". This line is now a western propaganda line to blame Russia. When in essence they are the ones allowing the war to continue and escalate.

Absolutely nothing concerns the war in Ukraine with Nigerian woes.
The war in Ukraine sent the price of oil going up. Nigeria imports refined products from crude oil, so definitely oil prices in the global market will affect Nigeria. Ukraine and Russia are two of the biggest exporters of wheat and maize. Nigeria is one of the largest importers of wheat. Definitely you should accept that the war in Ukraine will affect not only Nigeria but many other countries too.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by optionalY09: 4:28pm On Feb 27
protest for the right thing and stop protection for useless things like hardship or hunger. think about the root cause of the hunger and go hard on that instead of protesting for hunger. did you want government to supply food tp your house.

Protest for devolution of power, if regional government will make that possible let’s protest and get it done. If i see anyone protest for hunger i will order for you to be beating up without mercy
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Jerkbaba: 5:09pm On Feb 27
FOR MY PEOPLE WILL SUFFER FOR LACK OF KNOWLEGDE!
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Bankowner: 5:12pm On Feb 27
Spoken word can indeed be powerful.
When the president said then during his campaign that he will reduce the purchasing power of Nigerians, we all laughed at him and at his "goof". Today, we have all seen it happen. #10,000 can only fetch $16 or less, bag of rice is #70,000, people are dying trying to buy quarter bag of rice for #10,000, loaf of bread is #2,000. How's that far from reduced purchasing power?
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by donborg(m): 5:26pm On Feb 27
Racoon:
How can the BBC be attributing the economic hardship in Nigeria today to the Ukrainian war?

That's because Nigeria used to get free money from the IMF, Uk and the US with cheap goods from Russia which has stopped since the Ukrainian war
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by bonechamberlain(m): 5:33pm On Feb 27
predictor1:
The war in Ukraine sent the price of oil going up. Nigeria imports refined products from crude oil, so definitely oil prices in the global market will affect Nigeria. Ukraine and Russia are two of the biggest exporters of wheat and maize. Nigeria is one of the largest importers of wheat. Definitely you should accept that the war in Ukraine will affect not only Nigeria but many other countries too.
the crisis in the middle east, climate issues etc has more impact on price of oil not the war in Ukraine. Especially with the activities of the Houthis in the straits of bab-el-mandeb.

This western propaganda of using the Ukraine crisis in relation to wheat shortage in blackmailing African countries have been addressed so many times, Russia is a net wheat exporter, even with sanctions it still the top exporter of wheats. China,India etc also exports wheats. Ukraine alone cannot stunt Nigeria's economy because it's war with Russia is preventing exporting of wheats.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Chucks13: 5:59pm On Feb 27
nsiba:
.

Sharap ya mouth
Insulting Buhari and APC for 8 years is more than any work or business
What do you say BULABUL is doing

Answer my question first?
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by predictor1: 6:00pm On Feb 27
bonechamberlain:
the crisis in the middle east, climate issues etc has more impact on price of oil not the war in Ukraine. Especially with the activities of the Houthis in the straits of bab-el-mandeb.

This western propaganda of using the Ukraine crisis in relation to wheat shortage in blackmailing African countries have been addressed so many times, Russia is a net wheat exporter, even with sanctions it still the top exporter of wheats. China,India etc also exports wheats. Ukraine alone cannot stunt Nigeria's economy because it's war with Russia is preventing exporting of wheats.
Russia is the world's largest oil exporter after Saudi. Most of Europe relied on Russia's energy export before the Ukraine war started. Now Russia is shunning the European market and has turned to buyers in Asia. That alone is major impact on oil prices.

Secondly Ukraine is the world's 5th largest exporter of wheat, bigger China, India , etc. Russia wouldn't even allow Ukraine to export its wheat freely. These are the issues. The world is a global village.
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Aquila99: 6:09pm On Feb 27
Racoon:
How can the BBC be attributing the economic hardship in Nigeria today to the Ukrainian war?

Weda u like it or not. Many countries are suffering from inflation caused by covid & Ukraine war. Even d war in gaza is adding to it. Houthis just cut a one of d network cables around dem. Dat will also add to problems, maybe u might not feel it
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by hartson(m): 6:14pm On Feb 27
I will concur to this report only when I see the former president rot in jail.nonsensese
Re: NLC Protests: Why Nigeria's Economy Is In Such A Mess - BBC News by Lifestone(m): 6:26pm On Feb 27
omowolewa:
BBC and sensational news
Na igbo reporter

(1) (2) (3) (4) (Reply)

What Nigeria Will Do With $320 Million Abacha Loot – Buhari / 8 Suspected Kidnappers Of Chibok Girls Arrested By Police 4 Years After (Photos) / Governor Ikpeazu Dances Like Never Before To Celebrate His Reelection. Reactions

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 59
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.