Odin13:
Tinubu and his team are clueless and helpless.. Not even a single Human or god from southwest can be of help.

We all know he did nothing as a governor ... he wreck Lagos

.. Fashola of 2007 fixed Lagos state ... with his ideas and template .. Asiwaju did nothing. .. he sat back with his billions to act Godfather

Abuja no be Lagos ..

All those lies ..” Tinubu developed Lagos” has been bursted and rebursted ..

Tinubu Na the real dullard ..

Nigerians have to apologize to Baba Buhari.. even if he sold Nigeria cheap

He’s a million times better than Jagaban of yorubaland

Mr Man go hang yourself and stop being frustrated

Islie:


https://dailytrust.com/forex-crisis-nothing-for-nigeria-as-our-crude-oil-sold-in-advance-ngf/

“Our major problem is foreign exchange. We are getting US dollars from sales of crude oil, whereas we have low sales at the moment. We used to experience pipeline vandalism.

“But since the assumption of Tinubu’s government, production of oil has increased. Not only that, the government realised recently that the crude oil we are, and will be getting in the next six months or so had been sold in advance. So, they don’t get value for whatever they are selling now. But gradually, things will change and we need your support to understand us,” he added.

AbdulRazaq said the government is immediately working to force down the cost of key staple foods by releasing grains from the strategic reserve and distributing the same to the people at intervals.

The devaluation of the naira, the Governor noted “meant that merchants from neighbouring countries are mopping up grains from Nigeria.


“This is because it is far cheaper to buy from the country and then resell at higher prices in their own countries, especially in the West African sub-region”.

Acknowledging the spike in inflation, he urged the people to be patient adding that the government’s investments in gas-powered vehicles will manifest after their distribution in the coming months.

BadMaster:
Anybody who still believes that there's some kind of respite on the way, I am sorry for you.

There can be respite if people adjust and decide to go into subsistence farming and also producing most of the things they consume.

One of the many calamities caused by buhari.

magoo10:
Where are those quack accountants that said borrowing is normal ,they even went ahead to compare Nigeria with other developed nations that borrow.
You have oil but because you borrow too much to fund corruption and embezzlement the oil looks useless today as it is used to pay for the recklessness of yesterday . Continue borrowing

those fools are very useless people...any one who has listened to them and even by the slightest chance thought that they were making sense is also stupid.

We compare our very corrupt country with other trail blazing countries just to support our take loan - embezzle loan cycle.


We must get sense soon for this country.. and the fool who initiated thus madness is relaxing at daura..

nairavsdollars:
What about the trillions monthly allocation received by governors?

Those are part of printed naira from CBN. Trillions of naira was printed by the CBN to support the economy but by corruptions of the governors and FG agencies it's finding it wayback into BDCs and Banks to buy the scarce FX.........CBN do not produce FX only Naira.
It's the FX you need to import or buy goods from abroad.
The CBN has few or limited FX the criminals in government are using printed naira to chase.....

More naira chasing FX = high price of FX( USD,euro and co).

Had it been we are productive and can source most of our things in Nigeria with Naira ,the hunger and effects will not be up to this. We could have been okay and support our currency with productions.

nairavsdollars:
What about the trillions monthly allocation received by governors?

The extra money being received is not really extra money. Its might not translate to more ability to get things done.

If a state was receiving N200bln when NGN was $/NGN750 and 1km or road was N10mln, now that they receive N400bln and $/NGN is 1300 and the contractor now prices same 1km or road for N25mln because of exchange rate, has anything changed?

You forgot to add that it was sold for peanuts....

If at this point Nigerians do not hit the streets with stones & clubs and lynch our political class for this news, then Nigerians are dummies and not humans at all


They borrowed, printed notes, squandered crude sales in advance & the people are suffering for it

When readers see me emphasise why God go punish those miscreants who campaigned and voted for Buhari in 2015, e get why.

luvinhubby:
If at this point Nigerians do not hit the streets with stones & clubs and lynch our political class for this news, then Nigerians are dummies and not humans at all

They borrowed, printed notes, squandered crude sales in advance & the people are suffering for it

Other Nigerians can do so, not Igbos. In 2015, 2019 and 2023, Igbos never voted for the governments in power. So, why should they protest against what they warned other Nigerians about?

State governors what are you doing with allocations, the allocations to states was increased recently.

We must change how state governors control state's allocations, we need more transparency and accountability in our state governments...the looting there is exponential. The evil people are not empowering their state indigenes.

Gerrard59:


Other Nigerians can do so, not Igbos. In 2015, 2019 and 2023, Igbos never voted for the governments in power. So, why should they protest against what they warned other Nigerians about?

Thank you my brother. We are solidly standing on this mandate.

7yrs and 4 months remaining

Basicend:
Buhari is so terrible, that under his nose, Nigeria resources was so milked out and govt purse was just not emptied, but the resources of several years ahead had also been squandered and sold by just a very few individuals.

A CBN governor having 3 banks within just few years of his reign as governor. . only God know much NNPCL MD and several key players in CBN, Finance Ministry and other key portfolios have carted away.

Such a disaster to the nation. We have seen where tribe and religion has pushed us into now as a nation.

Tinubu and Buhari are old men and needed to rest, and be treated, yet people kept pushing them to carry the widest capacity of the country.

Well, we are in this together now.

Buhari designed his handling of governance in such a way that only 2 or 3 persons told him what was right or wrong.


And these 2 or 3 persons even went beyond their areas of specialization.

These men were Malami, late Abba kyari and momman Daura.

All the intended looters like emefiele, nnpc MD , FIRS chairman etc needed to do to have their ways was lobby those 3men above to coarse the president on their behalf.

Buhari's cluelessness is unique. He is the only clueless man who knows he is indeed clueless.