[quote author=UnfairLife7 post=124791961]your tribe will feel the pain more. IGBOS are business oriented from beginning. Your people are always at Emeka shop begging him to buy rice on credit [kikiikiki.
face
your
trading
and
leave
politics
for
us.]

Curse777:


Not a bad idea , if banks won't end up lending only selected few

Why would they do that when they signed to give it to a specific decroo

ganisucks:
20 mins of thoughtless, directionless, clueless hogwash pushed out by people who have no idea how to manage expectations. These people are a joke.

You surely have enough grey matter to take apart points raised by him and to offer a citizens alternative. To undertake a sweeping dismissal of a multi point program is sheer intellectual laziness. Although I do not agree with many of your comments, I expected much more from you.

Dittodat:



Says a ZERO IQ mumu.

you wey get IQ you don chop today?

all these products of rainy season miscreants.

Nonsense speech.....he did nit address the single thing bitting hard on Nigerians now...Fuel hike. Let the savings be ysed to make the refineries work in 6months time. If nit, get off the way.

Dittodat:


Dumbest mofo. Wailing as usual.
Instead, you should start thinking of ways to take advantage of the opportunities outlined here. You are here, busy wailing and crying like a lunatic brainwashed IPOB cannibal.
When others step up with brilliant ideas and are awarded these monies, your OSU slave monkey ass brain will start to scream "marginalization".
Stay there dey play. We are moving forward.

Okay. Abi, wen dem sack una, you go rest.

mrvitalis:
Sad really sad same mistake Buhari made
Same mistake..

Government has no business giving out loans to people that can't work corruption would eat 80% of it... I don't know why they keep doing this maybe they actually want to eat from it

You want to spend 50 billion do cultivate rice? Fine... Make this money available to banks at say 3% interest rate Banks loan this money to rice farmers at 10% ... Bank has to make sure the loan get to the right people to make their own profit

Banks know the real rice farmers

What is so difficult here... Why must u leave room for people to steal why?

That shows you don’t read what’s up there.

He specifically mentioned that commercial banks/microfinance banks will develop a viable and appropriate structure for all stakeholders for the billions. It means they will be the one to disburse the money to the farmers which is identical to what you opined.

Now let’s see the other blame you’ll throw.

mrvitalis:

Why would they do that when they signed to give it to a specific decroo

There is a SME facility from CBN since Obasanjo days that is removed from taxes which should go to start ups.. only Sterling bank makes it available. The rest don't even talk about it

Okoroawusa:

You are not a Tinubu supporter

I don't support like a Sheep.

Quite a touching speech, crying...

Nansense...

Still making promises like buhari....for 8yrs

BreconHills:


You surely have enough grey matter to take apart points raised by him and to offer a citizens alternative. To undertake a sweeping dismissal of a multi point program is sheer intellectual laziness. Although I do not agree with many of your comments, I expected much more from you.

If an examiner sees a ridiculously written answer script which clearly shows that the student is not serious, will he waste his time pointing out mistakes, or will he not just cancel the whole thing. The address was a big joke.

UnfairLife7:
Tell us one opportunity you can take advantage of Mr Emilokan

15. To strengthen the manufacturing sector, increase its capacity to expand and create good paying jobs, we are going to spend N75 billion between July 2023 and March 2024. Our objective is to fund 75 enterprises with great potential to kick-start a sustainable economic growth, accelerate structural transformation and improve productivity. Each of the 75 manufacturing enterprises will be able to access N1 Billion credit at 9% per annum with maximum of 60 months repayment for long term loans and 12 months for working capital.


16. Our administration recognises the importance of micro, small and medium-sized enterprises and the informal sector as drivers of growth. We are going to energise this very important sector with N125 billion.

17. Out of the sum, we will spend N50 billion on Conditional Grant to 1 million nano businesses [/b]between now and March 2024. Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local governments across the country.


18. Ultimately, this programme will further drive financial inclusion by onboarding beneficiaries into the formal banking system. In like manner, we will fund [b]100,000 MSMEs and start-ups with N75 billion. Under this scheme, each enterprise promoter will be able to get between N500,000 to N1million at 9% interest per annum and a repayment period of 36 months.


Those are 4 to 5 different business opportunities. Start using your brain and stop wailing all over the place.
Some will take advantage of it, and people like you will come back to claim that the govt made them prosperous many years from now. But when the opportunities were made available today, you are so blinded by the cacophony of politics that you failed to see them.
Some are already thinking about how to get some of this money for real and viable businesses.


Dey there dey wail and cry. Shiiiooorrrrr

Lazy bums like you are expecting him to say that he will give everyone 1 Million naira each abi? The money wey country no get.
Olodo

jmoore:
SURE P Version 2.0

It is stupidity to claim that only a select few benefitted from subsidy, at the same time you still acknowledge that Nigerians are suffering from subsidy removal.

If only select few gained from subsidy, why are you talking about palliative? Common sense should have told you the poor also gained from subsidy, that's why they are suffocating now that it has been removed.

They should extend the subsidy removal by 6 months just like they did Naira redesign policy

Curse777:


Not a bad idea , if banks won't end up lending only selected few

God bless you, even if you tell the banks to give a report of people that have accessed the loan, they can get a list done within themselves and justify how they released the loans

Curse777:


There is a SME facility from CBN since Obasanjo days that is removed from taxes which should go to start ups.. only Sterling bank makes it available. The rest don't even talk about it

Place a fine of 200 billion to each bank that fails to do that

People disobey government because there is no consequences

You think Americans want to calculate their own tax? U think they want to obey traffic rules? ... They know the consequences of not doing it

FreeStuffsNG:
Great! This is a listening President who understands the pain points of patriotic Nigerians.

We will support you Mr President. We believe you and will not stop praying for your success. Our hope is once again renewed. Thank you Mr President. God bless you. God bless Nigeria for ever! Check my signature for free stuffs!

Una dey reason like person wey get blood.

Not interested in frauds and criminals

Illegal bastar....d

Analysis of President Bola Ahmed Tinubu's speech on the economy

In his speech, President Bola Ahmed Tinubu outlined the economic reforms he has implemented since taking office. These reforms include the removal of fuel subsidies, the unification of the naira's multiple exchange rates, and the introduction of a new Infrastructure Support Fund for the States.

The President justified these reforms by arguing that they were necessary to address the long-term economic imbalances that had plagued Nigeria. He also promised that the savings from these reforms would be used to benefit the people of Nigeria, such as by providing loans to higher education students and making education more affordable.

The President's speech was well-received by many Nigerians, who were tired of the corruption and inefficiency that had characterized the country's economy for so long. However, some critics argued that the reforms would lead to higher prices for goods and services, which would disproportionately impact the poor.

Overall, the President's speech was a clear and concise explanation of his economic agenda. He outlined the challenges that Nigeria faces and the reforms that he believes are necessary to address them. While some critics may disagree with his approach, there is no doubt that the President is committed to improving the economy for the benefit of all Nigerians.

Here are some of the key points from the speech:

1. The fuel subsidy was a major drain on the economy and only benefited a small group of people.
2. The multiple exchange rate system was unfair and made it difficult for businesses to operate.
3. The new Infrastructure Support Fund for the States will help to improve infrastructure and create jobs.
4. The savings from the reforms will be used to benefit the people of Nigeria, such as by providing loans to higher education students and making education more affordable.

Here are some of the challenges that Nigeria faces:

1. Corruption
2. Inefficiency
3. High unemployment
4. Poverty
5. Infrastructure deficit

Here are some of the reforms that the President believes are necessary:

▪️Economic diversification
▪️Infrastructure investment
▪️Business environment reform
▪️Corruption fighting
▪️Social inclusion

I believe that the President's economic reforms are a step in the right direction. However, it is important to note that these reforms will take time to have a positive impact on the economy. In the short term, there may be some pain as prices for goods and services increase. However, I believe that the long-term benefits of these reforms will outweigh the short-term costs.

Report Written by Comrade Ibrahim Aliyu,
Strategic Management and Leadership Consultant from Abuja

Inspite of all what I read, there was no tangible procedures to address the fuel hikes... There was nothing about the electric generation, no plans to revamp the refinary, nothing about security issues, more like we should accept Nigeria the way it is while I give palliative to the vulnerable to be managing until I leave office...

All Baba was projecting was give give and give, knowing fully well these can't finance any tangible business in Nigeria.

A government of "enye ndi ebae, enye ndi ibè. mana ife n'egbe ka negbe"

Then I realized, there was no plan from the onset, it was just his turn...

What did the Reetualist Thief said?

Someone who read should summarize.

jmoore:
SURE P Version 2.0

It is stupidity to claim that only a select few benefitted from subsidy, at the same time you still acknowledge that Nigerians are suffering from subsidy removal.

If only select few gained from subsidy, why are you talking about palliative? Common sense should have told you the poor also gained from subsidy, that's why they are suffocating now that it has been removed.

I just weighed your brain

Seriously it's not different from cockroach

All the epistle,and nothing about building new refineries and revamping the old ones


Cluelessness at its peak

Talking about fuel subsidy removal

jmoore:
SURE P Version 2.0

It is stupidity to claim that only a select few benefitted from subsidy, at the same time you still acknowledge that Nigerians are suffering from subsidy removal.

If only select few gained from subsidy, why are you talking about palliative? Common sense should have told you the poor also gained from subsidy, that's why they are suffocating now that it has been removed.

God bless you. The man simply rehashing the same Sure-P document he derailed.
Such shamelessness.

ganisucks:

You guys have no idea how to manage perception. The so called address was at best a Charlie Chaplin joke. This is the biggest flop of his joke of an administration.

it's everybody's right to complain but when you complain over everything it becomes noise.
They asked you a simple question, since you are forming "Mr know it all" but you chose to resign, how come you that's clueless about problem solving is now insulting the man that's facing the problems headlong?

mrvitalis:

Give the money to banks oga at a lower interest let th re loan the money to the sector u want... How difficult is that?

.. Do you fully trust bank with nigerians?

Honestly I don't even trust Bankers

ganisucks:
20 mins of thoughtless, directionless, clueless hogwash pushed out by people who have no idea how to manage expectations. These people are a joke.

You are the joke if you are blind to see in details what were mentioned. But I will leave you with the President's final words - Now, I must get back to work in order to make this vision come true.

Allow him to work........

Okoroawusa:

You are not a Tinubu supporter

It shows his not a fool like you lots.

Learn to use your brain.

so those small select group of people no get names??

the sheep shouting wolf anyhow!

He will read the same speech next year na still the same thing. Trillion of naira that they will soon loot and share among themselves. Money generation is not our problem in this country na our mismanagement dey cause our backwardness as a country

Afobaba33:





I just weighed your brain
Seriously it's not different from cockroach

Your own skull have been mined. Na saw dust full am.

4. This group had amassed so much wealth and power that they became a serious threat to the fairness of our economy and the integrity of our democratic governance. To be blunt, Nigeria could never become the society it was intended to be as long as such small, powerful yet unelected groups hold enormous influence over our political economy and the institutions that govern it.
- Who are these group of people?
- Why are there no punishment for these group of people