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Realistic Solution To Nigerian Economy - Politics - Nairaland

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Realistic Solution To Nigerian Economy by BennyDGreat: 7:07pm On Feb 14
Going by the current economic realities in Nigeria, it has become important for the APC led administration to step up to keep the country together.

Here are some strategies to deploy:

1. Roll out a plan
Tinubu administration needs to roll out a detailed solution highlighting how they intend to improve local production in agriculture and manufacturing.

The plan must feature long term and short term solution and must be in the public space for accountability.

2. Give manufacturers soft landing....The government needs to relax on multiple taxes being issued to manufacturers considering the rising cost of production materials, power and product distribution.

Also, duties of importing materials must be slashed.

3. Reduce Government Expenditure- The cost of running governance in Nigeria is too expensive!

If government can implement a 40% cut starting out from June this year, it will give them opportunity to use the monies saved for other developmental projects

Change begins with government before it moves to the people.


4. Fight insecurity-one of the major cause of food shortage is insecurity. It has made it impossible for local farmers to go to farm for fear of being killed.

If the government really wants food sufficiency, guarantee the lives of the local farmers.

5. Allow more private individuals into power-To reduce the current challenges, Nigeria must allow the power industry thrive by choking the corruption within the industry.

Issues within the generation, transmission and distribution networks must be looked into and taken care of.

If different power investors come in knowing their investments won't be put into jeopardy, within 6-12 months, we can witness key infrastructural investment and begin to see some benefits within a few months.

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Re: Realistic Solution To Nigerian Economy by mrvitalis(m): 7:13pm On Feb 14
BennyDGreat:
Going by the current economic realities in Nigeria, it has become important for the APC led administration to step up to keep the country together.

Here are some strategies to deploy:

1. Roll out a plan
Tinubu administration needs to roll out a detailed solution highlighting how they intend to improve local production in agriculture and manufacturing.

The plan must feature long term and short term solution and must be in the public space for accountability.

2. Give manufacturers soft landing....The government needs to relax on multiple taxes being issued to manufacturers considering the rising cost of production materials, power and product distribution.

Also, duties of importing materials must be slashed.

3. Reduce Government Expenditure- The cost of running governance in Nigeria is too expensive!

If government can implement a 40% cut starting out from June this year, it will give them opportunity to use the monies saved for other developmental projects

Change begins with government before it moves to the people.


4. Fight insecurity-one of the major cause of food shortage is insecurity. It has made it impossible for local farmers to go to farm for fear of being killed.

If the government really wants food sufficiency, guarantee the lives of the local farmers.

5. Allow more private individuals into power-To reduce the current challenges, Nigeria must allow the power industry thrive by choking the corruption within the industry.

Issues within the generation, transmission and distribution networks must be looked into and taken care of.

If different power investors come in knowing their investments won't be put into jeopardy, within 6-12 months, we can witness key infrastructural investment and begin to see some benefits within a few months.

U said nothing zero
Re: Realistic Solution To Nigerian Economy by BennyDGreat: 7:15pm On Feb 14
mrvitalis:

U said nothing zero


Ok. Make your own solution thread and tag me.
Re: Realistic Solution To Nigerian Economy by mrvitalis(m): 7:24pm On Feb 14
BennyDGreat:


Ok. Make your own solution thread and tag me.
Lol what you said is equivalent to saying

.....The best way to stops being homeless is to just buy a house ....

Roll out a plan? What plan?

1 Like

Re: Realistic Solution To Nigerian Economy by BennyDGreat: 8:59pm On Feb 14
mrvitalis:

Lol what you said is equivalent to saying

.....The best way to stops being homeless is to just buy a house ....

Roll out a plan? What plan?

That's how you choose to see it.

Have you seen an economy recovery plan from this government detailing short term initiatives like: reversing the current custom duties, doing massive manhunt for those killing farmers, arrest and prosecuting anyone who steals government funding, becoming accountable to the people by telling us how much the FG shares to state per month for accountability, setting up strategic PPP to kickstart some quality projects....

To Long Term- Revamping our power sector by attracting investors, improving our cash crop production, agro processing plants, encouraging local production in poultry, textile, iron and steel amongst others, leveraging on local refineries to provide gas powered plants for power....


It's not my job to come up with a plan for the government.

They are the one with the figures and facts.

If they can't come up with a plan, they won't do anything

It all starts with a plan
Re: Realistic Solution To Nigerian Economy by mrvitalis(m): 9:08pm On Feb 14
BennyDGreat:


That's how you choose to see it.

Have you seen an economy recovery plan from this government detailing short term initiatives like: reversing the current custom duties, doing massive manhunt for those killing farmers, arrest and prosecuting anyone who steals government funding, becoming accountable to the people by telling us how much the FG shares to state per month for accountability, setting up strategic PPP to kickstart some quality projects....

To Long Term- Revamping our power sector by attracting investors, improving our cash crop production, agro processing plants, encouraging local production in poultry, textile, iron and steel amongst others, leveraging on local refineries to provide gas powered plants for power....


It's not my job to come up with a plan for the government.

They are the one with the figures and facts.

If they can't come up with a plan, they won't do anything

It all starts with a plan
Lmao Google tinubu economic plan

Then come back
Re: Realistic Solution To Nigerian Economy by BennyDGreat: 9:33pm On Feb 14
mrvitalis:

Lmao Google tinubu economic plan

Then come back

Come back and do what bro?

There's no plan Baba.

What are the specifics of the plan you are referring to....what's to be done in the first quarter and the metrics for measuring the success?

And you dey talk say plan dey....why you dey behave like this nau.

If it sure for the government, make dem write detailed plan let's hold them accountable.
Re: Realistic Solution To Nigerian Economy by yemmit90: 9:41pm On Feb 14
BennyDGreat:
Going by the current economic realities in Nigeria, it has become important for the APC led administration to step up to keep the country together.

Here are some strategies to deploy:

1. Roll out a plan
Tinubu administration needs to roll out a detailed solution highlighting how they intend to improve local production in agriculture and manufacturing.

The plan must feature long term and short term solution and must be in the public space for accountability.

2. Give manufacturers soft landing....The government needs to relax on multiple taxes being issued to manufacturers considering the rising cost of production materials, power and product distribution.

Also, duties of importing materials must be slashed.

3. Reduce Government Expenditure- The cost of running governance in Nigeria is too expensive!

If government can implement a 40% cut starting out from June this year, it will give them opportunity to use the monies saved for other developmental projects

Change begins with government before it moves to the people.


4. Fight insecurity-one of the major cause of food shortage is insecurity. It has made it impossible for local farmers to go to farm for fear of being killed.

If the government really wants food sufficiency, guarantee the lives of the local farmers.

5. Allow more private individuals into power-To reduce the current challenges, Nigeria must allow the power industry thrive by choking the corruption within the industry.

Issues within the generation, transmission and distribution networks must be looked into and taken care of.

If different power investors come in knowing their investments won't be put into jeopardy, within 6-12 months, we can witness key infrastructural investment and begin to see some benefits within a few months.


Who do you expect to implement those key points you highlighted above?

The problem has gone beyond what you think. What is coming , is actually greater than what we are seeing now.

The only solution left to fix Nigeria as fast as possible is regionalism or eradicate states and give local governments full autonomy to deal with people directly within their jurisdictions.

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Re: Realistic Solution To Nigerian Economy by BennyDGreat: 10:22pm On Feb 14
yemmit90:


Who do you expect to implement those key points you highlighted above?

The problem has gone beyond what you think. What is coming , is actually greater than what we are seeing now.

The only solution left to fix Nigeria as fast as possible is regionalism or eradicate states and give local governments full autonomy to deal with people directly within their jurisdictions.

The thing about Nigerians is we don't unite.
If we did, we would have set up a system of accountability....like every quarter you will give us report and then we ask questions.

Any unsatisfactory part, we will probe and if you can't give an explanation, we ask you to step down but it's not feasible with the tribalism and religious sentiments.

Regionalism is good.
Autonomy for local government is good but in all honesty, this administration will never do anything to reduce FG Power through resource control, regional government or local government autonomy.

North majorly will say no to restructuring.

It means no more free money and everyone will have to sort themselves out with what they make within their territory. That's tough to implement on a short term.

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