₦airaland Forum

Wonders shall never end. Nigerians youths that did a whole nationwide protest complaining about cop's brutality are now romancing with the idea of military rule that is way worse.

Donwilson88:
CBN alone cant help at this time! First we need to correct our foundation and solidify it with the Truth! Thats first!

Everyone will now wake up and be productive
Lets produce more and import less our economy will balance

Luckily we have enough workforce and blessed with raw resources! Lets work n stand on the truth!

Saying we should produce more and import less is a myth that has no basis is modern economics. The world's biggest manufacturer, China imported goods and services worth $2.7 trillion in 2022 alone. That is far more than the whole Africa spent on importation. The more a country produces, it would need to import more, so more production does not necessarily translate to less imports.

BoldBrainz:
Lol.

You started well. But your subsequent recommendation is so dumb, I wish it had a face so I could smack it!

Like, the apex bank should coerce people to spend monies saved in their domiciliary accounts using the instrument of tax? If I wanted to spend money, would I even have any need to take it to a bank? Even as the money sits in the bank, it's being used for businesses by the banks. So instead of my money fetching me interests, the bank will rather wake up and impose a 1% tax on it because I refused to use it?

Try it, and watch your economy collapse in a month. Even Greece is going to be a joke compared to the catastrophe that would befall Nigeria. People will simply convert their monies in domiciliary accounts into digital coins. The ones that can't, will withdraw and find other means to save those monies. The Nigerian economy would be stripped of forex. Then you will suffer the consequence of an economy that implements this sort of nonsensical recommendation.

Lol. How do you think the Russian Ruble has survived the barrage of western sanctions? Today, all savings in Pounds, Euro and Dollars are levied every month in Russia to discourage citizens from dumping the Ruble any further.

He promised to continue where Buhari stopped.

Do the right thing without expecting anything in return.

Instead of baning binance, government should provide liquidity in USDT so that the naira value would appreciate on the exchange.

Only kids that know nothing about military rule are advocating for it.

This is all Jonathan's fault. PDP should never have allowed him become VP. He handed over power to people who had no business in government.

My Wema Naira MasterCard works fine for dollar transactions but the rate is too high.

₦913/$

Is a senatorial seat not better than a ministerial one? What if the president sacks him after a few months?

Nigerian roads were not designed with cyclists in mind, unlike many European cities like Amsterdam. Nigerian cyclists are always praying that a danfo driver high on paraga does not ram them from behind.

If you had made this calculation last month before Tinubu devalued the Naira, the outcome would gave been much different. The ₦617 would have been equivalent to $1.35.

For some Nigerians, a performing politicians is one sharing money wey reach them.

Are you sure your debit card is not near expiry? To be sincere, First Bank is one of the few banks that makes the least random debits on customer accounts.

Davido should fire that artist from under his label ASAP. The protesters left the artist who is muslim himself to attack Davido, a non-muslim and accuse him of not respecting their religion.

Lol. They used Dangote refinery as a smokescreen to deceive Nigerians to accept subsidy removal.

People say crazy things in the heat of quarrels. Sometimes I feel embarrassed when I remember the things I said to my sweetheart wife during past quarrels.

Reno the clown is at it again. Is he not opposing South African businesses today?

So you are now blaming Obi for Mefi's indiscretions? Most Nigerians in his shoes, with half a brain would have gone into exile before Tinubu was sworn in. Why did he wait knowing full well that he opposed Tinubu's emergence? Did he expect Tinubu to reward his opposition?

Holuwarseun15:
In a recent interview with Channels Television, Sen. Basset Albert, the Chairman of the Senate Committee on Petroleum Upstream, talked about the significant impact of former president Olusegun Obasanjo's introduction of the cellular network in Nigeria. He recalled that during the initial phase, mobile phones were extremely expensive, costing over N100,000. However, as time passed, the prices of phones dropped considerably, making them accessible even to people living in rural areas.

Sen. Albert acknowledged that new regulations often have a negative impact on the general public at first, but he emphasized that in the long run, these changes bring about benefits. He expressed a similar sentiment regarding President Tinubu's ideas, suggesting that while Nigerians might not see immediate benefits, they can expect positive outcomes over time.

To gain the respect and trust of Nigerians, Sen. Albert believed that leaders must demonstrate that they have the best interests of the people at heart. He mentioned President Tinubu's attempt to reach out to the Nigerian people and seek forgiveness, understanding the weight and suffering they may have endured. He illustrated this with a historical example, mentioning how the introduction of cellular networks led to increased accessibility, enabling even those in rural areas to own phones and enjoy the convenience of communication.

In his words, "If you want the respect of Nigerians, you have to convince them that you're looking out for their best interests." So, President Tinubu has basically apologised to the Nigerian people and asked them to forgive him. I have some idea of the weight and suffering you will bear".

As competition among network providers intensified, the efficiency of the telecommunication industry improved, resulting in positive feedback loops. Sen. Albert pointed out that this development allowed Nigerians to make free phone calls during specific hours, further benefiting the public.

Sen. Albert urged the respected audience to share their thoughts on the matter, inviting them to comment below. The interview shed light on the transformative impact of introducing cellular networks in Nigeria and emphasized the importance of considering long-term benefits when implementing new regulations or policies. President Tinubu's efforts to connect with the Nigerian people were acknowledged, recognizing the potential for positive change in the future.

Source: https://www.melhoresonlyfans.com/2023/07/obj-tinubu-has-basically-apologized-to.html

How can you compare GSM with Petrol prices. Was is by force to own a GSM line when it was very costly? During the early days of GSM, most Nigerians patronised call centres for affordable communications. Has the government made public transport affordable and available to all before removing subsidy?

Funny topic.

This is what psychologists refer to sunk-cost fallacy. Obidients don't want to admit that they supported a candidate that was clearly anti-subsidy. That video clearly shows Obi saying Subsidy is organised crime and would go from day one of his administration.

Now that theory has eventually advanced into practical, everyone can now see that removal of subsidy with a weak currency is a recipe for disaster. If Jonathan had done it when $ was ₦150, it would have been bearable.

yemi1504:
He promised to remove subsidy but it was in phases. PDP will never take anti-people policies down the citizens' throats without a measure unlike APC (which is why I will never vote for that accursed party called APC).

If you continue to lie over things that are glaring to all, then you Obi supporters are no different from APC. Watch that vlip of Obi talking about subsidy.


https://www.youtube.com/watch?v=lrgp1pMZNSw

jmoore:
Ignorance 101

Peter Obi method of subsidy removal was gradual. It was never meant to be total removal at once.

Una Tinubu is like a copycat who copies an answer and forgets to copy the formula that leads to the final answer.

If you continue to lie over things that are glaring to all, then you Obi supporters are no different from APC. Watch that vlip of Obi talking about subsidy.


https://www.youtube.com/watch?v=lrgp1pMZNSw