Very true of you to point out the writer's opinion is that of a non economist....

Volksfuhrer:
Mr Kperogi Farook, it’s too early for all this. When you restructure an economy, it gets worse before it gets better. Mobility of resources isn’t instantaneous, it takes time: hence the externalities we are witnessing now. A little research on your part would have done you a lot of good even if you had never taken a course in economics! The Freudian slip you inferred was petty; you are a PhD, you should know better!

Owo mi da nuisance at the national level.

bentenny:

So you want to compare the US with Nigeria😄
If U want to then let's start with an average Americans purchasing power compared to that of an average Nigerian!
What is America's inflation rate and that of Nigeria?
No be every comment u go chuck mouth just to justify ur 40k monthly stipends!

Have they increased his pay from 30k to 40k? Or the 10k nah palliative?

brain54:
Those familiar with how Tinubu ran Lagos economy...

Wouldn't be surprised by his high "tax drive".

The worst part is THIS IS JUST THE BEGINNING.

Tinubu was a mistake.

On hindsight Of the 3 Frontline candidates Atiku would have done a better job of stabilizing the economy!

Does your username mean it had 54mb memory card.

brain54:

Go and sit down...


Drunk!!! My opinion is my opinion and like I said if you no get wetin to cap just blow whistle..

What is Obi's antecedence?

Na you go tell me who to vote!

Stop pretending to love Nigeria or to want Nigeria to move forward. People like you are part of the problem. You better quit the forum for now coz your hypocrisy is disgusting. You're filled with hate and tribalism. You want good governance but hate and voted against the best candidate. Go and sleep.

helinues:


Farooq should stop all this unnecessary wailing

The USA Farooq is hiding, he should tell us about the economic hardship the Americans are going through

So because US is passing through economic distress, it is justified that one person will pull us into same, is Nigeria US? How many countries use naira as FX?

Hell anal pore try to dey make sense sometimes.

Volksfuhrer:
Mr Kperogi Farook, it’s too early for all this. When you restructure an economy, it gets worse before it gets better. Mobility of resources isn’t instantaneous, it takes time: hence the externalities we are witnessing now. A little research on your part would have done you a lot of good even if you had never taken a course in economics! The Freudian slip you inferred was petty; you are a PhD, you should know better!

Oga you are still hallucinating, your Ignorance is akin to someone who doesn't even know his own name. This is the peak of delusion. How can you see black and you trying to say its white.

Volksfuhrer:
Mr Kperogi Farook, it’s too early for all this. When you restructure an economy, it gets worse before it gets better. Mobility of resources isn’t instantaneous, it takes time: hence the externalities we are witnessing now. A little research on your part would have done you a lot of good even if you had never taken a course in economics! The Freudian slip you inferred was petty; you are a PhD, you should know better!

Please can you elaborate how the the economy was diversified?

If you like talk from now till next year, Tinubu is the best after ewedu and mind you 2027, I’m going to vote for him and I implore all southerners and easterners to vote for him in massive. He need to win again. You see that suffer, una go suffer am tire

richiemcgold:
Taxing the people isn't the issue
Lack of good governance is the real problem

People pay more tax in advanced countries but they might not complain because they enjoy good governance.

My boss told me yesterday we were having heart to heart talk, he actually advised me that if I can emigrate to UK I should do so, that he can help me, he is an Indian expatriate, he told me that Belgium has the highest tax of 45 percent or so, other European countries are within
40, 41,42, or 43% but they have access to so many free services including Education, Health services, etc that in Nigeria it is 20% for expatriates and only get free heat from sun and oxygen.
This is Nigeria.

Malroux:
We the hardworking and sane Nigerians already knew who Ebola Tinubu is. We knew how he ran Lagos and the supposedly high IGR, hence the reason why we rejected him loud and clear, and they tagged us Obidafts. Tinubu and his family are bunch of greedy fellows that only think about what they can grab. Someone that denied his biological parents, his ancestral town and kinsmen, just because of material gain. If you think Tinubu is after the good of Nigeria, then you are the most foolish human that ever lived.

So we are in trouble be that...

vibratingpenis:


Does your username mean it had 54mb memory card.

No...

It means your pe.nis is vibrating and unstable. You cannot even get an erection.

Maybe you even have Pakistan disease who knows.

54 secs left for it to pack up kpatakpata!

brain54:

No...

It means your pe.nis is vibrating and unstable. You cannot even get an erection.

Maybe you even have Pakistan disease who knows.

54 secs left for it to pack up kpatakpata!

It is Parkinson's not Pakistan, are you having tremors while typing, let me tell you about the impairment. Parkinson's disease is a progressive disorder that is caused by degeneration of nerve cells in the part of the brain called the substantia nigra, which controls movement. These nerve cells die or become impaired, losing the ability to produce an important chemical called dopamine.

You see you still need to ascertain if your brain have 54 Minutes to pack up.

vibratingpenis:


It is Parkinson's not Pakistan, are you having tremors while typing, let me tell you about the impairment. Parkinson's disease is a progressive disorder that is caused by degeneration of nerve cells in the part of the brain called the substantia nigra, which controls movement. These nerve cells die or become impaired, losing the ability to produce an important chemical called dopamine.

You see you still need to ascertain if your brain have 54 Minutes to pack up.

Looong yawn...

Volksfuhrer:
Mr Kperogi Farook, it’s too early for all this. When you restructure an economy, it gets worse before it gets better. Mobility of resources isn’t instantaneous, it takes time: hence the externalities we are witnessing now. A little research on your part would have done you a lot of good even if you had never taken a course in economics! The Freudian slip you inferred was petty; you are a PhD, you should know better!

Are you guys cursed with this your"it will get worse before getting better" song of over 9 years? What economic restructuring has taken place?
Tinubu knows nothing about economy
He stopped subsidy only to reinstate it through the backdoor yet the prices of fuel is still through the roof
He floated the naira only to start using our foreign reserve to artificially control the rising dollar value through the backdoor
Out of all the needs in Nigeria he decided to build a coastal road costing over 13trillion naira that won't even be finished in his tenure.
What exactly is the economic restructuring you guys keep screaming about?

brain54:

Looong yawn...

As you no sabi book, I know you are allergic to book.

Geekhard:
So Tinubu is doing well in your opinion? Soon you won't see money to- buy data to type rubbish, buy fuel to power generator if you have generator for charging your phone, pay for electricity bill or even buy food. Continue supporting Tinubu.

You are Telling a Dependant 35yr Mommy's Boy who still lives in his Parents House all diz?

vibratingpenis:


As you no sabi book, I know you are allergic to book.

Small boy...

I can school you and your dad on a whole range of issues and subjects.

Abeg you don't quote me again... I hate pests with nothing creative or sensible to say.

You're too dull and dumb for me to go back and forth with.

Go and play with sand.

T for thanks!

But the same Kperoogi supported the evil that is Tulumbu when he was a mere aspirant.

The problem with Nigeria is that people that their sanity are in order are in minority the morons are majority

SmartyPants:
Well, the idea as he said then was to slow down the economy to combat inflation. At the time, I didn't think it was the right way to go (and still don't), because the causes of inflation are not totally related to the spending power of the masses. Farouk doesn't seem to have a great grasp of economics though he is right in pointing out that the masses are getting increasingly disaffected.

God! How does slowing down the economy combat inflation? How does spending cause inflation. Does Nigeria spend more than Europeans and Americans? Spending helps the economy

Mccollins042:

God! How does slowing down the economy combat inflation? How does spending cause inflation. Does Nigeria spend more than Europeans and Americans? Spending helps the economy

Lol. Google those questions and learn.

If I were Tinubu I will increase VAT to 50%

Nigerians never learn!

Malroux:
We the hardworking and sane Nigerians already knew who Ebola Tinubu is. We knew how he ran Lagos and the supposedly high IGR, hence the reason why we rejected him loud and clear, and they tagged us Obidafts. Tinubu and his family are bunch of greedy fellows that only think about what they can grab. Someone that denied his biological parents, his ancestral town and kinsmen, just because of material gain. If you think Tinubu is after the good of Nigeria, then you are the most foolish human that ever lived.

You have said it all.

NLCreator:
“If we reduce the purchasing power of the people, we can further slow down the economy," he said.



https://www.farooqkperogi.com/2024/05/the-2019-tinubu-speech-we-ignored-is.html?m=1

Honestly, subsidy remover and floating of the Naira were total wrong decisions by this administration and I sincerely hope they will right the wrong of yesterday

He and his lick spittle supporters will perish as pharoah perished

Any politician that say he will only increase the burden of innocent nigerians (who didn't vote this satanic apc tinubu ) shall die an agonizing death

nonhuman:
The problem with Nigeria is that people that their sanity are in order are in minority the morons are majority

Fact!

Volksfuhrer:
Mr Kperogi Farook, it’s too early for all this. When you restructure an economy, it gets worse before it gets better. Mobility of resources isn’t instantaneous, it takes time: hence the externalities we are witnessing now. A little research on your part would have done you a lot of good even if you had never taken a course in economics! The Freudian slip you inferred was petty; you are a PhD, you should know better!

What tinubu is doing to nigeria that will be the outcome of your life and generation.

You are cursed forever

Racoon:
“More Burden For Nigerians As Tax Committee Recommends VAT Hike. The Presidential Committee on Fiscal Policy and Tax reforms has recommended an upward review of the Value Added Tax (VAT).”

A government building a #15T super coastal highway in the midst of multiple neck constricting taxation endless borrowing and phantom IGR? And the government makes sense to you? Everyone who does not align with the myopic and warped logic sense of reasoning of this clueless, impactless, rudderless and directionless govt is always called names.

These BATISTs are utterly brainwashed! Tinubu could commit the most savage, brutal atrocities, and they'd still grovel at his feet, chanting his name like mindless drones. It's pointless to even engage with them; their loyalty is a sickness, immune to reason or reality.

So Farooq can also fall into this sort of propaganda. He should go watch that 2019 speech by Tinubu and rewrite this essay. Tinubu was responding to the plan by the Buhari govt via Prof Osinbajo to increase VAT rate. He advocated instead for a widening of the tax net rather than an increase in the VAT rate that will further reduce the purchasing power of the people.

Farooq can punch holes in Tinubu's current economic policies but not on the basis of a phantom interpretation of a speech that is in public domain.

Malroux:
We the hardworking and sane Nigerians already knew who Ebola Tinubu is. We knew how he ran Lagos and the supposedly high IGR, hence the reason why we rejected him loud and clear, and they tagged us Obidafts. Tinubu and his family are bunch of greedy fellows that only think about what they can grab. Someone that denied his biological parents, his ancestral town and kinsmen, just because of material gain. If you think Tinubu is after the good of Nigeria, then you are the most foolish human that ever lived.

then use the pervasive poverty to control the people, Nigerians don hear am

There is a limit to which humans can endure.

Nigerians have been stretched by the Buhari tenure, yet we endured hoping for a better government. Now, whatever we endured under Buhari's 8 years Is child's play compared to what we're experiencing in just a year.

For how long will a net continue to be stretched??. I'm heard of imploding objects, humans, and nations. I don't want it to happen to Nigeria, cos it will be chaos. But Tinubu really wants it to happen