That means Tinubu is the new Maradona

Chucks13:


Bulaba Bulubalabala

Imagine making this one the CBN Governor. Not impossible though, this is Nigeria of course. After all, he is a Senator already.

crossfm:
Hehehe.

Ndume has been firing on all cylinders lately.

He is just acting as if he is a new elected senator.

In other words, Ndume is telling us that as dollars goes up, Nigeria government is very happy, while the masses a left to gnash their teeth in penury.

You can now see the game plan. They don't care about the masses. The funny thing is that almost half of the budget will be looted.

Government defenders over to you.

And some idiots will say those saving in dollars is an enemy of Nigeria

More Naira to execute projects

Prices of everything has gone up

Question...do we really then have more naira to execute projects?

how can any sensible, normal thinking human being be talking like this? and to even think this man is a senator actually depicts how bad Nigeria has gone .
APC HAS FINISHED THIS GREAT COUNTRY. VERY SAD

chisomkachy:


https://dailytrust.com/fg-benefiting-from-dollar-to-naira-hike-ali-ndume/#:~:text=26%3A13%20WAT-,Senator%20Ali%20Ndume%20has%20said%20the%20federal%20government%20is%20not,to%20fund%20its%202024%20budget.

Dumb

And the machineries and equipment used in road construction are manufactured in your country right? The expatriates too are paid in naira too ?
Leave this tribal sentiment. It's killing you and your people

tctrills:

The importation is mostly made by private businesses and not the federal government's budgets.
On the other hand, government projects such as roads are paid for in naira.
Salaries are paid for in naira.
So yes, it could be quite profitable for the government.

Chummynoni:
what do you mean it would be profitable for the government? Who is government? What is government? The primary aim of government policies must always be the welfare of the masses. With what this man said, he made a blunder and no person with indepth knowlege of Economics would say this.

U are talking as if u are not a Nigerian by asking who is the government and what is the government. The government are for few elites Chopin our money anyhow. The government "FG" not the people government are getting income on Dollar not naira. Whenever the Dollar is high, more income for them more suffering for the poor. Those who imports things are private individuals not government

psucc:
Still half truth. One day one of them will spill the beans and "die". Their chests are choked and their hearts heavy but no courage to say what they know about the present catastrophe.

From the President to the NASS, the Governors to their members of the legislative Houses, are all beneficiaries of the current sufferings in the land

Nigeria's Armageddon is here.

Everyone should brace up.

More Naira indeed, but prices of goods and services are no longer the same.

Does with dollars are benefitting more right now and who are the people who have this $$$it is the Govt so our suffering never start.

So the President and members of the national assembly are behind the free fall of the naira, as we see.

With Ndume's comment we can all see that they benefit officially and privately.

Why go after BDC operators, etc, hearing the truth so far?

Firstorderwizard:
And the machineries and equipment used in road construction are manufactured in your country right? The expatriates too are paid in naira too ?
Leave this tribal sentiment. It's killing you and your people

What do you mean what you talk about tribal sentiments? Economics is not about sentiments.
Now, the budget for all roads are in naira. So yes the fall of Naira may affect the private companies building the road but not the government. There may be a reduction in the profit of the construction company but not the FG.
Also let's talk about salaries that a paid in naira. It's clearly very profitable for the FG.

crossfm:
Hehehe.

Ndume has been firing on all cylinders lately.

He is just acting as if he is a new elected senator.

In other words, Ndume is telling us that as dollars goes up, Nigeria government is very happy, while the masses a left to gnash their teeth in penury.

You can now see the game plan. They don't care about the masses. The funny thing is that almost half of the budget will be looted.

Government defenders over to you.

More than half will be no looted by the looters in government!

I expected this kind of challenges during the past administration but it never happened because they were benefiting from the criminal enterprises aspect of it.
They should give more challenges to this present administration so as things will be corrected before they take over power again.
I don't know why this administration don't want to take few of the corrupt elites down. So as the remaining one will sit up.

Na cocaine dust Nigerian politicians dey breath 😂

Xboy1993:


U are talking as if u are not a Nigerian by asking who is the government and what is the government. The government are for few elites Chopin our money anyhow. The government "FG" not the people government are getting income on Dollar not naira. Whenever the Dollar is high, more income for them more suffering for the poor. Those who imports things are private individuals not government

He was talking about government in his real sense.

FG should realize that there is nothing that people of this country want to hear aside measures that will eliminate the ongoing poverty chain in the society. Public is not suppose to be aquatinted with daily dollar rate if government is taking good care of its citizens.

Is it the future dollars that has been mortgaged already with previous foreign loans?

crossfm:
Hehehe.

Ndume has been firing on all cylinders lately.

He is just acting as if he is a new elected senator.

In other words, Ndume is telling us that as dollars goes up, Nigeria government is very happy, while the masses a left to gnash their teeth in penury.

You can now see the game plan. They don't care about the masses. The funny thing is that almost half of the budget will be looted.

Government defenders over to you.

He is a useless and clueless senator.

crossfm:
Hehehe.

Ndume has been firing on all cylinders lately.

He is just acting as if he is a new elected senator.

In other words, Ndume is telling us that as dollars goes up, Nigeria government is very happy, while the masses a left to gnash their teeth in penury.

You can now see the game plan. They don't care about the masses. The funny thing is that almost half of the budget will be looted.

Government defenders over to you.

Sounds more like MMM

[quote author=Chummynoni post=128587665]Can you all see what a senator is saying? Is this not cluelessness in its raw form? I dont think this one has any idea of what inflation is, all he cares about is the high exchange rate which is even detrimental to an import dependant country like Nigeria. I am sure by now, he would be regretting spitting this after he is being called to notice by someone knowlegdeable . 99% of politicians do not care if the masses suffer or die, they are there for their selfish interest. This was evident during corona when they hoard palliatives. If that was not wickedness, tell me what it was.[/quote

This democracy system is not favouring Nigerians

The problem here is that crude oil export alone can't sustain the economy as big as Nigeria.

Ndume seems to forget that government earnings and spending alone can't do much to stimulate the economy. The entrepreneurs in the country equally play big roles in stimulating and growing the economy but unfortunately, they are the ones who are adversely affected by the falling value of the Naira.

So the issue here is not about the dollars federal government is earning.through crude oil; but the purchasing power of the masses that is being eroded and the high cost of living occasioned by the devaluation of Naira.

This guy is actually very smart

This man has overstayed in the senate,where was he in the last two years also,kept mum,he was in the senate which approved ways and means for Buhari

Chai! So na only FG wan dey chop d dollar rise come dey pursue BDC... We don see ona finish

This is the whole truth. The governors are very happy with it because they have more money to loot.

chisomkachy:


https://dailytrust.com/fg-benefiting-from-dollar-to-naira-hike-ali-ndume/#:~:text=26%3A13%20WAT-,Senator%20Ali%20Ndume%20has%20said%20the%20federal%20government%20is%20not,to%20fund%20its%202024%20budget.

I don't think he made the statement this way. Bcoz what do we export? Import is more than export . The crude is use to settle debt owes by Baba Buhari

[quote author=YourNextLevel post=128587634]The same people and the same thing

I thought that this man has been in senate for long and never spoke up until CBN and Aviations' movement?

Let's continue to teach Igbos politics.

You go explain tire
Leave Igbo's out of your trouble and continue to eat the promised agbado and cassava from it's my turn candidate ,Senator Ndume is not from the an Igbo,he is from Bornu state,he was among those supporting this nonsense since now he has found his voice,nemesis must catch up with as many that put up down the drain in this country, this is just morning of this regime,we are yet to reach the afternoon.