Gohs:


Why did you say that?

Obi will restructure Nigeria, are you a kid politically?

Are you disrespecting the constitution of 1999 As Amended, the same Authority that made Peter Obi who he is politically?

Let that idiot stop deceiving the gullible about something outside of his jurisdiction, 1 man cannot claim to be wiser than the Federal Republic of Nigeria.

Lemmy123:


You are really giving me hints and headway, interesting.. Let me see

all the best. Pick things you can sell in bulk fast if you ever need to raise cash

dfrost:


Already moved from 710 on Monday to 730 today.

Serious? Make I call my plug

sapele914:
Obi will restructure Nigeria, are you a kid politically? . . .

1) Restructuring this country is the ONLY way to continuous progress.

2) SW, SE, SS, NC all want restructuring. It's only NE and NW who are saying "No".

3) 1999 constitution is a fraud — it was not written by the citizens.
A group of powerful military men wrote this constitution and shoved it down our throats.

4) We want to write our own constitution ourselves — we will no longer use the constitution given to us by military men in 1999.

CONFIRMED

Vote Peter Obi for a better Nigeria

awoniyi1236:
I pity the next president, I don’t think any magic will happen in the next 10 years

Nigeria's economic woes aren't that big. Buhari is simply the wrong man for the job.

The fiscal mess is caused by 3 things.

1. The fuel subsidy. This will cost cost close to 7 trillion next year to subsidize. Eliminate it and a major cause for the huge deficit next year is gone.

2. Subsidized dollar sales.

Ever since Buhari assumed office, he has subsidized the price of dollar by refusing it to achieve its true market value. For instance, presently, the official rate is 730 while the official rate is 440. The true value is around N600. At N600 or even 570, the official and black market rates would merge.

The subsidized dollar sale is a causing a massive loss of revenue. For instance, lets say the country earns $12bn in crude oil sales, that money would be disbursed 440 rather than N600. That $12bn will bring in 5.28 tr rather than N7.2 tr. That means the government is losing 1.92tr in revenue.

There is urgent need to end the dollar fixing by Buhari has it is the primary cause of the bad state of the economy. It has led to severe fx shortages at the official rate as no one in his right mind would sell at that rate.

Just fixing those 2 will fix a lot of problems with the fiscal expenditure and all the 3 leading candidates hahev promised to so.

you better pity yourself

Nawteemaxie:


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Yes, it is...

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Geminiivory:


Then dont be a lazy student. Go check who Pat Utomi is

I know who he is and that’s why I made the statement. Now it’s left to you if you are not lazy to answer intelligently the question that I asked.

ExAngel007:


https://www.thecable.ng/exchange-rate-may-surpass-n1000-says-pat-utomi-on-2023-budget/amp

Sometimes I even pray make Peter Obi no win this election, this one some polls are projecting him winning and all these endorsement

Let Tinubu or Atiku win.
They were the ones that brought Buhari in
And created all this mess

Let them clean up the mess

Because honestly
Wetin Buhari don do Nigeria
The reversal will be hard

Make those that created the mess Clean it

grandstar:


Nigeria's economic woes aren't that big. Buhari is simply the wrong man for the job.

The fiscal mess is caused by 3 things.

1. The fuel subsidy. This will cost cost close to 7 trillion next year to subsidize. Eliminate it and a major cause for the huge deficit next year is gone.

2. Subsidized dollar sales.

Ever since Buhari assumed office, he has subsidized the price of dollar by refusing it to achieve its true market value. For instance, presently, the official rate is 730 while the official rate is 440. The true value is around N600. At N600 or even 570, the official and black market rates would merge.

The subsidized dollar sale is a causing a massive loss of revenue. For instance, lets say the country earns $12bn in crude oil sales, that money would be disbursed 440 rather than N600. That $12bn will bring in 5.28 tr rather than N7.2 tr. That means the government is losing 1.92tr in revenue.

There is urgent need to end the dollar fixing by Buhari has it is the primary cause of the bad state of the economy. It has led to severe fx shortages at the official rate as no one in his right mind would sell at that rate.

Just fixing those 2 will fix a lot of problems with the fiscal expenditure and all the 3 leading candidates hahev promised to so.

And the debt of 77trillion nko
When your debt service is already higher than revenue

Cleaning up the mess is very difficult

DUNDEEMASTER:
Peter will salvage this country, buh it will be on Poco a Poco level.
The first mistake Buhari did was closing all borders thinking that you are helping Nigeria  
Nigeria is not a producing state why closing the borders. Even USA is still importing some commodities from other countries talk more of Nigeria.
As Nigeria is now, we barely have foreign revenue, so how will the naira gain value.. Seriously I weep for this country  
If we should make another mistake by Feb, too bad for us.

To me let Peter Obi forget this presidency wahala

This government have messed up everything

Let Tinubu or Atiku who first created the mess Clean it up

djon78:



And the debt of 77trillion nko
When your debt service is already higher than revenue

Cleaning up the mess is very difficult

The only reason why debt service is higher than revenue is because of the petrol subsidy and dollar subsidies. End those subsidies to day today and the debt service will no longer be higher than that of revenue as that would easily add about 9 tr to the government purse.

The federal government needs to increase revenue by improving tax collection. If the country can improve tax collection by 2% of GDP alone, this would produce about 5 tr in revenues. 2% of GDP is not a big deal.

Also, what the Nigerian pays for its debt is quite high. It is presently 18.5% which is a high premium because of its loose fiscal policies.

With tighter reins on government spending and waste, interest rates may go down to around 11.5% or even single digits which would bring down the cost of servicing the debt.

Nigeria does not have a problem. What the country has is 'buharinomics' problem. . With him out of the way from next year June, 2023, some level of economic sanity should resume.

grandstar:


The only reason why debt service is higher than revenue is because of the petrol subsidy and dollar subsidies. End those subsidies to day today and the debt service will no longer be higher than that of revenue as that would easily add about 9 tr to the government purse.

The federal government needs to increase revenue by improving tax collection. If the country can improve tax collection by 2% of GDP alone, this would produce about 5 tr in revenues. 2% of GDP is not a big deal.

Also, what the Nigerian pays for its debt is quite high. It is presently 18.5% which is a high premium because of its loose fiscal policies.

With tighter reins on government spending and waste, interest rates may go down to around 11.5% or even single digits which would bring down the cost of servicing the debt.

Nigeria does not have a problem. What the country has is 'buharinomics' problem. . With him out of the way from next year June, 2023, some level of economic sanity should resume.

After Buhari don run down everything and brought calamity for good eight years

Why didn't he do these things?

Removing the subsidy alone will affect Nigerians

All these your analysis sounds nice

But when the time comes we go see how far

It will not be a work in the park like that

The havoc is too much

dfrost:


Already moved from 710 on Monday to 730 today.

you are correct.

KingLennon:


Serious? Make I call my plug

Yeah. Quite pathetic

hartson:
you are correct.

You are welcome

djon78:



After Buhari don run down everything and brought calamity for good eight years

Why didn't he do these things?

Removing the subsidy alone will affect Nigerians

All these your analysis sounds nice

But when the time comes we go see how far

It will not be a work in the park like that

The havoc is too much

If you want the subsidy to remain, then be ready for the Naira to hit 1,200 or even 1,500 in 2 years time. That is the real price you pay for the subsidy

I be apc member no swear for some us ,we wan eat emilokan money and rice, still vote for labour party for presidential election. Their stipend no carry person reach two week self. After all we see buhari government wey no fit dey accountable, I no fit vote tinubu buhari pro max.

awoniyi1236:
I pity the next president, I don’t think any magic will happen in the next 10 years

Things will improve if the next President do the following:

1. Curb massive corruption in government.

2. Cut the huge cost of governance.

3. NO MATTER HOW POOR YOU ARE YOU MUST BRING SOMETHING TO THE NATIONAL TABLE that is help the federal government to generate revenue that will add up to our external reserve.

4. We must restructure Nigeria by doing away with our lopsided federal system that seems to centralise the power base of Nigeria in Abuja.

awoniyi1236:
I pity the next president, I don’t think any magic will happen in the next 10 years

Things will improve if the next President do the following:

1. Curb massive corruption in government.

2. Cut the huge cost of governance.

3. Some States in Nigeria especially in the northern part of Nigeria often think they are so poor.

What are these state doing with huge lands.

Why are they not investing in Agriculture?

NO MATTER HOW POOR YOU ARE YOU MUST BRING SOMETHING TO THE NATIONAL TABLE that will help the federal government to generate revenue that will add up to our external reserve.

4. We must restructure Nigeria by doing away with our lopsided federal system that seems to centralise the power base of Nigeria in Abuja.

purpinkx:
People earning in USD be like...

lol... I cant wait

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Yes, you can but I think it has expired.

Robnectar:


I have a owned website, can I use uspostals.com

cliqtips:
Yes, you can but I think it has expired.

LoL,... Expired?, Site dat I bought with my money

Robnectar:


LoL,... Expired?, Site dat I bought with my money

Click the link

cliqtips:

Click the link

I listed it up for sale,... Still working

Robnectar:


I listed it up for sale,... Still working

Ok...
I guess, you did because you're not making money with it.

Chat me up on WhatsApp

cliqtips:


Ok...
I guess, you did because you're not making money with it.

Chat me up on WhatsApp

What's ur WhatsApp digits

Robnectar:


What's ur WhatsApp digits

contact me for your google adsense approval

Contact us on whatsapp : +1 (480) four six six 0914

HardMirror:
all the best. Pick things you can sell in bulk fast if you ever need to raise cash

bros things to sell in bulk fast like what and what do you suggest.thanks