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"Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans - Politics (2) - Nairaland

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Investors Funds Won’t Be Trapped - Tinubu Promises / Festus Okoye: I Don't Understand Reliance On IReV when the parties had agents / Tinubu Vows To Sue Media Orgs Over Fake News, Character Assassination (2) (3) (4)

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Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by PopQueenAgency: 4:51pm On Aug 08, 2023
A criminal US asset can do nothing. Keeps blabbing.

1 Like

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by JASONjnr(m): 4:51pm On Aug 08, 2023
But Baba introduced students loan oh....

1 Like 1 Share

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Burob: 4:51pm On Aug 08, 2023
EyeCumInPiece:
What Ebola should be vowing, is to reduce hardship & make life more bearable for the average Nigerian.
It is because of Oblivious lazy minded children like you that Nigeria will never prosper, what happened to your elected State Government & Local Government?

One man in Abuja will cure all the suffering in Nigeria, from Zamfara to Ogun State?
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Silva79(f): 4:52pm On Aug 08, 2023
Reduce the price of gas please

1 Like

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by leisuretym: 4:53pm On Aug 08, 2023
Keep fooling yourself, OBJ and Ngozi Eweala did more than that, Obasanjo paid all our loans and Left 35Billion Dollars in foreign reserve, those are the factors Yardua and GEJ enjoyed before GEJ started borrowing money, the cattle 🐄 man then went ballistic with Chinese loans to build rail to Niger republic and other manners of loans, now the nation is in deep mess.
If you like don’t borrow, keep saving, another northerner will come spend the saving and still borrow till Nigeria bankrupt again.

1 Like 2 Shares

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by k2kay(m): 4:53pm On Aug 08, 2023
End it but not at the expense of the poor
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by happney65: 4:54pm On Aug 08, 2023
Matthew the tax collector will zap us with nothing. I mean absolutely nothing to show for it

Nonesense and Tinubu

2 Likes 1 Share

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Burob: 4:55pm On Aug 08, 2023
PopQueenAgency:
A criminal US asset can do nothing. Keeps blabbing.
If no be laziness, & hypocrisy they worry you, you would be bothered more about the state you reside in, than the purported criminal President in Abuja, nonsense Almijiri.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Burob: 4:56pm On Aug 08, 2023
happney65:
Matthew the tax collector will zap us with nothing. I mean absolutely nothing to show for it

Nonesense and Tinubu
Almijiri what tax laws has your state government passed? Charity they say begins @ home.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by miceroms: 4:57pm On Aug 08, 2023
Please don’t tax us more sha.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Ikpunnegi01: 4:58pm On Aug 08, 2023
001Lagos:
The economy is trapped and you want to use the money realised from subsidy removal to fund senseless and most stupid war

Are you not mad?
Very soon, fuel will sell for 1000naira.. He want to fight the War meant for France..
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by ezechi242: 4:58pm On Aug 08, 2023
coming from a man that plunged LAGOS STATE into the pit of loan......to even think of him starting his tenure with an hefty loan package grin grin grin.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by koladebrainiac(m): 4:58pm On Aug 08, 2023
he will continue to tax us, he will Tax us to death really
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Fugazy2023: 5:00pm On Aug 08, 2023
001Lagos:
The economy is trapped and you want to use the money realised from subsidy removal to fund senseless and most stupid war

Are you not mad?

Eleribu leyin kiniyi
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by jerk: 5:03pm On Aug 08, 2023
This ebola is never prepared.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Johncuppa(m): 5:05pm On Aug 08, 2023
BoldBrainz:


I don't know who you are, but God bless you for that first sentence that began your write-up. That's literally what we've been screaming about since this deranged clown assumed office.
Please, can you explain to me?
What are the two currencies, and how they are not suppose to be in the circulation together?
Thanks.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Steinmann: 5:08pm On Aug 08, 2023
#DAY 72 (STOLEN MANDATE)
PRAYER: Lord give us the leader we voted for and not a prophet of doom and war.
Amen.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Southwestidiot: 5:10pm On Aug 08, 2023
Racoon:


https://www.thecable.ng/our-economy-is-trapped-tinubu-vows-to-end-nigerias-over-reliance-on-loans/amp
from loan to taxation. You are doing well, soon we all go dey twerk for u like asari
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by BabaAduras: 5:14pm On Aug 08, 2023
EyeCumInPiece:
What Ebola should be vowing, is to reduce hardship & make life more bearable for the average Nigerian.

What "Ebora" Jagaban is saying is stop "putting the cart before the horse".

For once, if you have the capacity, ask yourself how do you "reduce hardship & make life more bearable for the average Nigeria" if you can control your income and you keep borrowing?
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Kusu12: 5:14pm On Aug 08, 2023
President Tinubu the name Igbos-obidots like Racrook, Piguin, 001Lagois and the rest hear and start wailing, grunting and crying

2 Likes

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Menclothing: 5:15pm On Aug 08, 2023
Easy life buy new quality clothes at low price
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by musicwriter(m): 5:17pm On Aug 08, 2023
Mr. President, raising tax is a little part of the problem. The major problem is lack of profitable, taxable industries.

Why is the Nigerian government destroying refineries in the swamps of the Niger Delta? Why not mandate the so called illegal refineries to buy crude legitimately and refine? Then tax them!!

Was there any problem with crypto currency? No. But the Nigerian government instead of keying into crypto like the US, Canada, Japan, Germany and other enlightened nations but the government banned it instead.

Why is the Nigerian government bent on destroying businesses that could generate tax money, then you turn around and cry low tax? Where do you want to get the tax from??

4 Likes 1 Share

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by EcoNews: 5:18pm On Aug 08, 2023
Your foolish ipob father is who you should be stoning not Tinubu




001Lagos:
The economy is trapped and you want to use the money realised from subsidy removal to fund senseless and most stupid war

Are you not mad?

1 Like

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by Kusu12: 5:18pm On Aug 08, 2023
DMerciful:
When is the presidential election petition tribunal delivering judgement? Time for Amoda Sangodele to go!

Ipob dreamer from Agulu.

1 Like

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by BoldBrainz(m): 5:19pm On Aug 08, 2023
Johncuppa:

Please, can you explain to me?
What are the two currencies, and how they are not suppose to be in the circulation together?
Thanks.

Canada can afford to let their currency float with the US dollar. Their economy is stable enough to create a level playing field for both currencies to coexist without the potential danger of the US dollar running the Canadian dollar aground. Even with the side-by-side operational policy, the Canadian dollar cannot be battered to the point where inflation would skyrocket.

The US can afford to float the GBP (Great Britain Pound) alongside it home currency, for the same reasons I enunciated above. Conversely, the US can always access the pound sterling in the case their domestic demand is out-running the availability of the pounds.

But you have to be daft to employ the same strategy to the naira and dollar when you don't have any sort of control whatsoever on the availability of the dollar and its demand by the public. You're naively creating an artificial scarcity for a currency that is literally the foundation of your economy, seeing how Nigeria basically doesn't produce anything it consumes, and depends wholely on imports which are further dependent on the US dollar.

I just dey pity Nigerians as it is. Y'all should wait for the festive period to come and see if you'll even be able to buy one fowl for your family to celebrate Xmas.. !
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by 7upnigeria: 5:21pm On Aug 08, 2023
001Lagos:
The economy is trapped and you want to use the money realised from subsidy removal to fund senseless and most stupid war

Are you not mad?
Na so e pain you reach? Better use that energy to achieve something for your life. Tinubu REMAINS PRESIDENT, he doesnt know you or YOUR PAINS. If all you did b4 the elections couldn't stop him, what do you now think will stop him.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by aylive02(m): 5:31pm On Aug 08, 2023
Sharpsharp00123:
chinedu

Rest in Jesus name
. You need to the rest most
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by CodeTemplar: 5:31pm On Aug 08, 2023
orisa37:
Two or more CURRENCIES SHOULD NOT CIRCULATE PARI PASU IN ANY ECONOMY. THE BAD ONE WILL CHASE THE GOOD OUT OF CIRCULATION. BASIC ECONOMIC PRINCIPLES. ALL EXCHANGES MUST GO THROUGH CBN AND THEIR ACCREDITED AGENTS IN BANKS, AIRPORTS, BUREAU DE CHANGE, HOTELS, ABOKIS ETCETERA ETCETERA. FEDERAL GOVERNMENT ALLOCATIONS TO THE STATES SHOULD ALWAYS BE IN NAIRA. REGULATE TRAVELLING ALLOWANCES AND ESTACODES BY TRAVELERS CHEQUES AND CBN'S DENOMINATED RATES.
stop consuming fufu and blood tonic.
Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by swaggerjack: 5:31pm On Aug 08, 2023
Rayban25:
oleeeeee tongue

Tax reform policy. Another word for using his personal company Alpha Beta to collect taxes from Nigeria at 10% commission like in Lagos which won't be accounted for.

He only thinks about his pocket as evidenced in Lagos.

Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by optimusprime2(m): 5:37pm On Aug 08, 2023
This is what you get when incompetence is in control

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