Tianamen1:
My original post tried to explain the interplay between the fiscal policies of the federal government and the monetary policies of the CBN.

4play, I like your first statement that this situation is too complicated for a nairaland post.

Yemi Mobolade, a Nigerian immigrant and businessman with no political experience, will be the first elected Black mayor of Colorado Springs after he defeated Wayne Williams on Tuesday night in the city’s runoff contest.

Mobolade had received 57% of the vote to Williams’ 43% as of 7:15 p.m. Tuesday. Williams conceded at about 7:30 p.m. When the second batch of results was released shortly before 9 p.m., the percentages hadn’t shifted.

Mobolade will succeed Mayor John Suthers, a former federal prosecutor and Colorado attorney general who was term-limited, to become the city’s 42nd mayor.

Mobolade’s decisive victory represents a political earthquake in Colorado Springs, long known as a conservative stronghold. Williams is a Republican while Mobolade is unaffiliated.

Just a few years ago it would be hard to imagine someone other than a Republican leading the city. But cracks in Colorado Springs’ GOP streak have shown in recent years. In the November election, Democratic Gov. Jared Polis came within 4 percentage points of his GOP challenger, University of Colorado Regent Heidi Ganahl, in El Paso County. Several Democrats won state legislative seats in and around the city.

“Wow,” an incredulous Mobolade said to kick off his victory speech. “Wow. Wow. I am speechless.”

Mobolade, a married father of three, moved to Colorado Springs in 2010 and quickly became a leader in the business community. He cofounded two popular restaurants — The Wild Goose Meeting House and Good Neighbors Meeting House — in Colorado’s second-largest city and served as its small business development administrator. He was also the vice president of business retention and expansion for the Colorado Springs Chamber and Economic Development Corporation.

I think these are transitory, spur-of-the-moment tensile pushes and pulls that may soon abate, but it’s astonishing that it’s even happening.

Lanretoye:
It is Europe,dey fool yourself.

MXrep:
North

Children are the most vulnerable to food insecurity. Approximately 6 of the 17 million food-insecure Nigerians today are children under 5 living in Borno, Adamawa, Yobe, Sokoto, Katsina and Zamfara states. There is a serious risk of mortality among children attributed to acute malnutrition. In the BAY states alone, the number of children suffering from acute malnutrition is expected to increase from 1.74 million in 2022 to 2 million in 2023.

UNICEF, working with the government and partners such as MSF and ALIMA, is investing in scaling up preventive nutrition interventions, while ensuring that vulnerable children have access to life-saving nutrition services. In 2022, UNICEF with partners was able to reach approximately 650,000 children with life-saving nutrition services across the six states mentioned above.

The northwest region, around Katsina, Zamfara and Sokoto states, is an increasing food insecurity and malnutrition hotspot. An estimated 2.9 million people are currently critically food insecure (Cadre Harmonisé Phase 3 or worse.) This figure is projected to increase to 4.3 million in the lean season if urgent action is not taken.

THE United Nations World Food Programme (WFP) has raised the alarm that one out of eight Nigerians, representing 24.8 million people, are facing acute hunger this year.

This is contained in a statement released on Saturday, April 29 in Abuja by the WFP head of Communications, Advocacy and Marketing in Nigeria, Chi Lael.

Lael disclosed that the agency, to address the urgent needs of those affected by conflict and in dire need of humanitarian aid in the North-east, was ramping up efforts to provide emergency food and nutrition assistance to 2.1 million people.

Part of the statement read, “WFP is gravely concerned that years of armed conflict in North-east Nigeria is driving hunger and malnutrition, with millions in need of life-saving assistance and facing the risk of famine.”

The WFP projected that Borno, Adamawa, and Yobe states would witness severe hunger during the peak of the lean season between June and August 2023, with 4.3 million people being affected, and almost 600,000 on the brink of catastrophe.

richmond500:
You are really bad in economics.
With Nigerian owned refinery in full operation and stoppage of subsidy.
It is obvious the naira will rise a bit

nnewsnjobs:
Tomorrow now, Tinubu will say that he didn't give such promise.

#300 to $1, if he can achieve this, then I will give him my full respect.

Until then.

Tinubu that was running away from interview so that he will not go they and make any promises.
The only promise he made was student loan and recruitment of youth into the army. Outside that I didn't see any promise from him.

He thinks that he is wise by not given any promises.
We will assess him by checking the prices of good and services, dollar exchange rate and so many other indices when Buhari left office and compare it after one, two or four years of his administration to know how he is performing.
Promises or not, we know how to assess him.

richmond500:

Our major problem is the money we spend on oil, $10b just for subsidy and the cost of refinning our crude and importing it back to Nigeria, you know how much be that?
And Dangote said he will be selling his oil in Naira to other countries.

Without trying if we can take the excesses we spend on oil, we can bring the dollar to N300.
That will revamp our economy and give rise to foreign investments.
N200 to a dollar is feasible in the next 4yrs if we focus on insecurity and oil.

Forget the huge debt weh Asiwaju inherit from Buhari, his administration has lots of advantage

tensazangetsu20:


How much you willing to wager. In two years time, people will miss buhari.

tensazangetsu20:
Damn I should really stop prophesying. In 30 days someone worst than buhari will be sworn in as president

GeneralPula:
I’ll confirm the news..

T8ksy:




Are you truly sure of that assertion in bold? Certainly, the true "owners of Nigeria" will do everything in their capacity to scupper the biafran agenda because they are aware that once any ethnic group exit Nigeria, others will follow suit, especially the south and the middlebelt.

lhordspy:
Joe Biden is 80years old, about 81 in few weeks.

Yet in Nigeria here, some political m!screants, fascists and disrespectful kids with the thinking ability of a 3month old baby are using age as a yardstick for efficiency in leadership.

This is the saner clime you compare us to. This is the saner clime you write letters to, to interfere in our national politics. This is your 'paradise'.... With an 80yr old president; declaring for another term...

To all pastors and G.Os who have abandoned the preaching of the gospel of God and are now using the altar of God to instigate, propagate and spread hate against the other religion by calling the candidate from other religion a 'druglord' , a 'terrorist' ....

Hear me well, and hear me clear. You are nothing but cone-artistes deceiving your gullible congregation. If election is conducted 2million times, Nigerians will still not vote your religious partitioner of a candidate. He can only be president of your politicised church, he can never and will never rule us in this country.

MasterJayJay:
When some people say 'The north are masters in politics', I just laugh at them.
They should organize a meeting with all bandits, boknharam and iswap members, give them traditional titles for peace to reign.

grandstar:


Sanusi probably spent $20b defending the Naira. Many blame Jonathan for the paltry $43 bn in the foreign reserves while that should have gone to SLS. He even admitted as much that he exploited high oil crude prices. He should have listened to the IMF when they advised him but with oil prices high, he jettisoned that advice.

Saying that the apex bank had failed to rise to the occasion at the height of the strident calls by the International Monetary Fund to devalue the local currency, Agbaje said, “I think CBN missed the opportunity two years back to adopt greater exchange rate flexibility to prevent (as the IMF famously cautioned) ‘one-way bets’ against the naira.

internationalman:
How come people don't come to Nigeria for vacation except Nigerians..

Don't be deceived these people don't like Nigeria even though they may be staying in it they are actually not living in it.

Nigeria is like their workplace, a company where they work. Their real home is where their children are. And your guess is as good as mine.

EmeeNaka:
This Farooq Kperogi is not different from an average politician, but in his view writings, he believe that he has provided a balanced opinion.
It is incredible to believe that Anambra have an increased poverty prevalence. Granted that some people would always quote Nigeria Bureau of Statistics (NBS), the question is, how did NBS arrive at it's data? What study was it basing it references? Have the NBS data be peer reviewed? And what is the record of accuracy of NBS?
I believe that NBS could be one agency that needs to be checked very well, because government data or data, is important for policy formulation.

Finesse247:
We've not seen video from him in recent times, we only see press releases. Not even perhaps pictures of followers went to celebrate Eid with him wherever he is. I can't wait for him to come back and hit the ground running and start running from day one as he said.

RevolverOcelot:
Bullying staff and civil servants is part of the politics in Nigeria

KanwuliaExtra:
These people keep trying Nigerians. . . .Dem go soon hear am!

baralatie:
It is as a result of the fashola group who were defending the importance of accumulating debts to be normal since america has debts and has not failed.
Well
Here we dey