patrickmuf:
The ruling class have destroyed this country.

No one else!

The average Nigerian might be corrupt as well, but the mess we are in are orchestrated by the ruling class. They want to fight a problem which they are the cause of? Is that possible?

LordAdam16:


CNG/LPG is the energy source of choice for transporters in places like India.

You're the one who said there's no ameliorative measure that could be enacted. I suggested one that has been implemented successfully in peer countries and you're asking about the impact. This is one example. How about opening the borders or reducing import duties on essentials for a limited period?

Cumulatively, don't you think these measures would have softened the blow of a subsidy removal?
If I can come up with these, are you trying to tell me that a well-meaning leader can't assemble a panel of experts that'd put together a better plan than sharing rice?

And if you're saying that the best that Tinubu and his "we prepared for 15 years" gang can suggest is sharing of rice, then by all things that's sacred, don't you think they are ill-equipped to pilot the affairs of this nation.

You're British. How many boneheaded decisions did Liz Truss make before she was bundled out?
How about Carol Bartz of Yahoo who was sacked over the phone?

Yet here you are giving the most stupendous excuse in the history of excuses that a confirmed dolt should not be criticized because he plagiarized the manifestos of more capable candidates.

If Nigeria was a private company, will you accept that BS you spewed? A non-performing CEO should not be fired or criticized because his replacement will do no better. In fact, you're cocksure that his replacement will take the exact same stupid decisions in the exact same moronic manner because you're Doctor Strange moonlighting as a finance pro. Where would that fly?

-Lord

Frankly speaking I'm no fan of insults.

The truth is that this government has failed woefully in the economic front. Economists here on NL were incensed when Henry Cardoso was given the the post of CBN governor as he was unqualified. It's as though Tinubu preferred to employ his boy to work with. He played safe.

Despite inflation raging, CBN interest rates are 18.5% while inflation is 29%. Interest rates need to rise to at least 30%. Tinubu has long been a fan of low interest rates and he might be dictating to the autonomous CBN.

Yes, I do support bringing down the protectionist walls for which the country has many. However, for now, this might not be a wise idea.

Why? Because the foreign reserves are empty. It can barely cover one month of imports.Opening the borders will just put further pressure on the Naira. The Naira has falling so much that I suspect agricultural produce the country formerly had no competitive advantage might no more be the case. The Naira is now worthless.

Perhaps a managed float would have been the best but there's no foreign reserves at all to defend it

Frankly speaking, Tinubu should have gone further with economic reforms. He should have deregulated the price of petrol and that of electricity upon assumption of policy. I am a fan of shock therapy.

Poland in 1989 chose to free all prices at once rather than do so gradually. It's been the darling of Central Europe and as of 2019, never suffered a recession despite the Great Recession.

The country is in an utter mess and the president seems unperturbed. He seems to feel that this is the price the country must pay to get back on its feet. It is not. When the eminent economist Pat Utomi criticized the poor state of the economy, it was a pointer that the present policies were not the solution.

The present treatmenr is worse than the disease.

TrebleChamp:
How long does it take a Refinery to refine crude into Fuel, Diesel, Aviation Fuel and Kerosene? Dangote Refinery hasn't released any refined product into the market, since it was supplied crude by NNPCL and from the USA.

Even if it's pushed into the market for sales how are we sure it's going to be any different from the prices going on around especially as some of these marketers are still going to buy from him directly?

izzou:


They are complaining to themselves, but not to the world.

The Igbo man in Lagos doing business is complaining too, but he will not join a protest.

But i understand you sha

I understand your point but the bolded did not correlate because complaining means protest.

I didn't say they are not feeling the hardship, I said they are not complaining because they chose not to.

raumdeuter:


So this thing don dey favor you and your family and you never post my picture running around for morning exercise

Seankafor do giveaway for boys na

With this money you dey hammer, it's time to pay your NL girlfriend brideprice

I want to be like you when I grow up bro..

TrebleChamp:
How long does it take a Refinery to refine crude into Fuel, Diesel, Aviation Fuel and Kerosene? Dangote Refinery hasn't released any refined product into the market, since it was supplied crude by NNPCL and from the USA.

It was David Hundeyin that first hinted that this whole Dangote Refinery ish is a big scam and that they will eventually opt to import petroleum products.

IMF has now come out to say that the government has resumed fuel subsidy.

One of my very experienced Prof who was a member of ASUU national exco and MAN, told me that the reason no refinery can work in Nigeria is because of IMF and World Bank (Europe and US). Those two banks will never allow it. That's because they control whoever is president of Nigeria. The same goes to Ajaokuta Steel Complex. I have mentioned this here before.

I am still testing this view, but it's looking more likely than not.

The present president is a complete puppet to the Neo Colonial powers. I will be surprised if it works.

Spy360:

I understand your point but the bolded did not correlate because complaining means protest.

I didn't say they are not feeling the hardship, I said they are not complaining because they chose not to.

You were there when they tagged EndSARS an Igbo insurrection. You were there when Igbo and even Yoruba people who 'looked Igbo' were prevented from voting.

If you check twitter now, wallahi you will see people tagging even these protests as means for Igbos to undermine Tilumbu's government.


If you are expecting any Igbo person to carry placard and join you on the streets, you are wasting your time.

Unlimited22:

You were there when they tagged EndSARS an Igbo insurrection. You were there when Igbo and even Yoruba people who 'looked Igbo' were prevented from voting.

If you check twitter now, wallahi you will see people tagging even these protests as means for Igbos to undermine Tilumbu's government.


If you are expecting any Igbo person to carry placard and join you on the streets, you are wasting your time.

There's protest here in Onitsha. 👇🏼

https://twitter.com/AdaIgbogeneral/status/1759843539012169781?t=V1PmNygwx2XCQ2jDN9Ifcg&s=19

Segedinho:

Nobody is controlling nothing.
A simple question...can they proposed and cashout a tri 4 recharge card without the executive consent
The question is straightforward enough

Legislation is an independent arm of govt and doesnt need consent from executive. Actually Legislators can impeach executive and I don't think executive can impeach legilator

LordAdam16:


CNG/LPG is the energy source of choice for transporters in places like India.

You're the one who said there's no ameliorative measure that could be enacted. I suggested one that has been implemented successfully in peer countries and you're asking about the impact. This is one example. How about opening the borders or reducing import duties on essentials for a limited period?

Cumulatively, don't you think these measures would have softened the blow of a subsidy removal?
If I can come up with these, are you trying to tell me that a well-meaning leader can't assemble a panel of experts that'd put together a better plan than sharing rice?

And if you're saying that the best that Tinubu and his "we prepared for 15 years" gang can suggest is sharing of rice, then by all things that's sacred, don't you think they are ill-equipped to pilot the affairs of this nation.

You're British. How many boneheaded decisions did Liz Truss make before she was bundled out?
How about Carol Bartz of Yahoo who was sacked over the phone?

Yet here you are giving the most stupendous excuse in the history of excuses that a confirmed dolt should not be criticized because he plagiarized the manifestos of more capable candidates.

If Nigeria was a private company, will you accept that BS you spewed? A non-performing CEO should not be fired or criticized because his replacement will do no better. In fact, you're cocksure that his replacement will take the exact same stupid decisions in the exact same moronic manner because you're Doctor Strange moonlighting as a finance pro. Where would that fly?

-Lord

No one on this NL has shut down Ibime's brains like you did here. He is such an intelligent guy, but you really messed him up here. Tinubu makes smart people stupid. Imagine a whole Raumdeuter.

Spy360:

There's protest here in Onitsha. 👇🏼

https://twitter.com/AdaIgbogeneral/status/1759843539012169781?t=V1PmNygwx2XCQ2jDN9Ifcg&s=19

Lol. Is this satire? 😂

Unlimited22:

Lol. Is this satire? 😂

🤣🤣🤣

Spy360:

No one on this NL has shut down Ibime's brains like you did here. He is such an intelligent guy, but you really messed him up here. Tinubu makes smart people stupid. Imagine a whole Raumdeuter.

He actually didn't cos his solution is unimplementable in any reasonable timeframe. I no dey argue cos I know Nigerians are angry right now.

Ibime:


He actually didn't cos his solution is unimplementable in any reasonable timeframe. I no dey argue cos I know Nigerians are angry right now.

We are fvcking emotional

Spy360:

No one on this NL has shut down Ibime's brains like you did here. He is such an intelligent guy, but you really messed him up here. Tinubu makes smart people stupid. Imagine a whole Ramdeuter.

Emotional responses are not my thing. I argue based on facts on ground and realistic. If you want to rile yourself up over facts of life then why should I stop you

Aturitoroman:
Dollar 1800 now

Huh?! I gave someone a quote on Sunday night when it was #1650, pegging at #1750 to hedge against inflation. Now it's #1800 in less than 48 hours?

The person and I are going back-and-forth arguing on WhatsApp as he wants to pay the #1750 quote while I want to adjust for the Forex change.

This country is already in flames.

Ibime:


He actually didn't cos his solution is unimplementable in any reasonable timeframe. I no dey argue cos I know Nigerians are angry right now.

Pls argue....We are not angry,we're just emotional cvnts and crybabies celebrating APC setbacks.....

Spy360:

🤣🤣🤣

After all, them say we dey sit at home.

Amigoss:


Pls argue....We are not angry,we're just emotional cvnts and crybabies celebrating APC setbacks.....

😂😂😂😂😂😂😂

Amigoss:


Pls argue....We are not angry,we're just emotional cvnts and crybabies celebrating APC setbacks.....

Doomscrolling....

Osanobua la hor. 🤣😂😂😂

😭😭😭😭

Ellexy:


😭😭😭😭

Endurance, is that you?

Has trading been suspended on binance abi no one wants to buy? This has been like this for roughly one hour

Ibime:


He actually didn't cos his solution is unimplementable in any reasonable timeframe. I no dey argue cos I know Nigerians are angry right now.

Also he was celebrated on another thread as a champion of capitalism and the free market.

What we are experiencing is the free market

https://www.nairaland.com/8006091/olumide-akpata-writes-inec-complaining

Ellu Pee don scam former NBA chairman

Unlimited22:

Endurance, is that you?

Ndidikanma Endurance

😭😭

Spy360:

There's protest here in Onitsha. 👇🏼

https://twitter.com/AdaIgbogeneral/status/1759843539012169781?t=V1PmNygwx2XCQ2jDN9Ifcg&s=19

Jagaban is the best thing to happen to our dear country, thats why I will continue to stand on his mandate

Amigoss:


Pls argue....We are not angry,we're just emotional cvnts and crybabies celebrating APC setbacks.....

√
The Rock: We Re just Cody Crybabies

WhoDeyHause:

Even if it's pushed into the market for sales how are we sure it's going to be any different from the prices going on around especially as some of these marketers are still going to buy from him directly?

Atleast then we will know the Refinery has truly commence operation, and be hopeful that it would push price of products down in the long run...

Emaprince:
No one else!

The average Nigerian might be corrupt as well, but the mess we are in are orchestrated by the ruling class. They want to fight a problem which they are the cause of? Is that possible?

Not at all...This country needs a complete reset.

TrebleChamp:
Atleast then we will know the Refinery has truly commence operation, and be hopeful that it would push price of products down in the long run...

Are you talking of same Dangote?
Please don’t get your hopes up

Itsrm:
Has trading been suspended on binance abi no one wants to buy? This has been like this for roughly one hour

Interesting. No usdt on binance. The few selling are placing restrictions on it.