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Ankakh's Posts

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PoliticsRe: Tinubu Calls For Increase In China-Nigeria Currency Swap by Ankakh: 7:37am On Jan 10, 2025
The Chinese have no time for niceties. They see what's good and where they are welcome, and they head on strong with their resources.

This currency swap deal with China looks good for Nigeria. The important thing is that it should actually make our import-export arrangement with China on a national and corporate level better.

Nigeria should also take a cue from China on how to deal decisively with corrupt officials, and reduce the leakages of the benefits of deals like this.
PoliticsRe: Sanwo-Olu Commissions 5 Road Networks In Ikeja GRA (Pictures) by Ankakh: 7:33am On Jan 10, 2025
Governor Sanwo-Olu is working to make Lagos better. At least, he's got roads to commission (not to talk of the red and blue lines coming mainstream as well as other developments like the food distro centres). I just hope that the drainage system of these newly-commissioned roads are much better to reduce the flooding in that area during the rainy season.
Jobs/VacanciesRe: Customs Recruitment: 573,519 Apply For 3,927 Jobs by Ankakh: 8:46am On Jan 08, 2025
It's normal that there are lots of applications. We only continue to hope the process will be well managed and as meritorious as possible.
PoliticsRe: We Are Building The Largest Sub-Saharan Food Logistics Hub - Sanwo-Olu by Ankakh: 8:44am On Jan 08, 2025
This is good. Let's see how it improves distribution and maybe contribute to reducing food inflation in Lagos and surrounding states. Maybe other states can copy this system.

But wait, is this from IGR or PPP? Hopefully, not from more loans.
PoliticsRe: 180 Days After Agric Minister’s Promise, Nigerians See No Drop In Food Prices by Ankakh: 8:42am On Jan 08, 2025
Bobloco:
As things stand, a 50kg bag of rice sold for N85,000 when Kyari unveiled the measures now sells for over N100,000.

In his last Monetary Policy Committee meeting, Yemi Cardoso, the Governor of the Central Bank of Nigeria, CBN, identified “the rising cost of transporting farm produce; infrastructure-related constraints within the distribution network; security challenges in some food-producing areas; and the impact of exchange rate fluctuations on the prices of imported food items” as some of the factors that the efforts to control food inflation.
https://www.vanguardngr.com/2025/01/180-days-after-agric-ministers-promise-nigerians-see-no-drop-in-food-prices/
The level of food inflation in Nigeria is ridiculous. Just 3 years ago, it was not upto 50k. And within 6 months (of even the minister's announcement), it has gone up by 15k again. This is not sustainable.

All these challenges are solvable.
PoliticsRe: Gunmen kidnap 46 people in Zamfara community by Ankakh: 8:36am On Jan 08, 2025
Zamfara though. What's causing these incessant attacks in that region? Mineral resources? Cos it can't be religious.
PoliticsRe: Tourism: Sanwo-Olu Unveils Plans To Explore Lagos’ Entertainment Capacity by Ankakh: 8:34am On Jan 08, 2025
Sanwo doing the talk...
PoliticsRe: Egypt Leads Africa As Nigeria’s Military Drops To 39th In Global Ranking by Ankakh: 8:24am On Jan 08, 2025
Man102:
Punch reports that the drop comes despite the acquisition of fighter jets and other military assets, alongside reported successes in the fight against terrorism within the country.
Source : https://politicsnigeria.com/egypt-leads-africa-as-nigerias-military-drops-to-39th-in-global-armed-forces-rankings/
Obviously, the ranking is not based on military hardware alone nor victories over terrorists. Nevertheless, the Nigerian military is doing a great job. Hopefully, they are able to root out those terrorists from our borders.
PoliticsRe: Economy: Tinubu Right To Ignore IMF, World Bank Polices - Senator Kalu by Ankakh: 1:21pm On Jan 07, 2025
Splashme:
Which are the IMF policies that Tinubu rejected?

* Subsidy Removal
* Naira Floatation
* Endless foreign Loans


Is Tinubu not doing all of those?
I am wondering that what's this man saying. Those policies that this present admin has done came directly from the IMF and WB playbook and recommendations, which are prerequsites to the loans they are giving Nigeria.
PhonesRe: 300% Surge In Operating Cost Makes Tariff Hike Inevitable – Airtel by Ankakh: 1:18pm On Jan 07, 2025
What are the citizens of this country enjoying from the government exactly?
SportsRe: Lionel Messi Releases Statement After Failing To Attend White House Ceremony by Ankakh: 1:17pm On Jan 07, 2025
This is well deserved for Messi. Greater things he can still achieve on and off the pitch.
PoliticsRe: Defending Tinubu’s Government Easiest Thing To Do – Bwala by Ankakh: 1:15pm On Jan 07, 2025
chatinent:
Actually, he is right. It's very easy to do when you are paid to do it, or when you benefit. But the hard job is not receiving shishi, no benefits, yet you loss sleep on Nairaland hungry but defending someone who doesn't give a cold f about your existence.

If na job, I go understand. But for nothing? Brah!
Harsh but very true.
PoliticsRe: Babajide Sanwo-Olu And Akinwunmi Ambode At Lagos 2025 Thanksgiving Service by Ankakh: 1:13pm On Jan 07, 2025
Good to see. Hachets buried, eyes onward.
PoliticsRe: PETROAN: We Requested ₦100 Billion From FG To Make Petroleum Products Affordable by Ankakh: 1:11pm On Jan 07, 2025
AmazingGenius:
“We hope the federal government will take this very seriously. It’s going to help ensure that Nigerians can access petroleum products at a much more affordable price,”
Source: https://nairametrics.com/2025/01/06/we-requested-n100-billion-from-fg-to-make-petroleum-products-affordable-petroan/
Dr Gills-Harry, I think the question will be, exactly how much are we going to be buying fuel at the pump station if FG provides this 100bn naira intervention fund to your association?
PoliticsRe: Katsina Government Applauds Troops As 80 Bandits, Camps Neutralized by Ankakh: 11:44pm On Jan 06, 2025
zero8zero:
“Furthermore, their hideouts and key operational facilities were also destroyed, marking a significant blow to their operational capacity.

https://tribuneonlineng.com/troops-kill-80-bandits-destroy-camps-in-katsina/amp/
More success to the Nigerian military to totally decimate these terrorists, but hopefully they can get to their backers and sponsors.
Foreign AffairsRe: Canadian PM, Justin Trudeau To Announce Resignation Today by Ankakh: 11:43pm On Jan 06, 2025
t2luv1:
Canada's economy is not crashing, the same as in the USA. This is not about the economy.
I think what some mean when they say this (even though the numbers do not agree with them) is that the indicators of the common folks are not looking right such as prices of groceries, gas, housing etc.

So national/provincial/state economic numbers do not matter to everyday people, as much as it matters to the government.
Jobs/VacanciesRe: China's Overqualified Youth Taking Jobs As Drivers, Labourers And Film Extras by Ankakh: 11:36pm On Jan 06, 2025
Nefort:
Unfortunately their population is very large and everyone can't be carried along. Even the US having much lesser population still has some poor citizens.
True. Poverty is everywhere in this world. From New York to LA. From Tokyo to Toronto. From Berlin to Singapore. From London to Morocco etc. Whereever people are settled, there will always be the haves and the have-nots.

Political leaders have a big role to play to reduce poverty and increase human development BUT at the end, everyone must find their way.
Jobs/VacanciesRe: China's Overqualified Youth Taking Jobs As Drivers, Labourers And Film Extras by Ankakh: 11:31pm On Jan 06, 2025
Education is not a guarantee of anything but it's still an important aspect of life. The ability to start small with the necessary skills, desire to learn and network have larger roles to play in forging a career.

And yes, the economy matters in creating jobs and these numbers should be better for China. But it's difficult to use a few examples to conclude that over-education is worrying the most populous nation on this planet.

Another thing is expectation. A master's holder will want a job that commensurate with their "education" but it's very possible they don't have basic work and professional skills, which they could have acquired while in school via internship and voluntary service.
SportsRe: Michelle Alozie And Esther Okoronkwo Holiday In Lagos (Photos & Videos) by Ankakh: 11:26pm On Jan 06, 2025
She obtained a Bachelors Degree in Molecular Biology from Yale University and she works part-time as a cancer research technician at the Texas Children's Hospital in Houston, Texas.
That's very interesting. Playing football is enough of a full-time job but it's like she has an extra passion for cancer research.
BusinessRe: We Will Intensify Clampdown On Ponzi Schemes In 2025, Says SEC DG by Ankakh: 11:21pm On Jan 06, 2025
“Enforcement is the backbone of effective regulation. We are revamping our investigative processes to enhance efficiency and hold bad actors accountable more decisively."
Saying it is one thing, doing it is totally another thing. How SEC will enforce crackdowns and justice against Ponzi schemers is what I'll love to see.

Plus Ponzi schemers will continue to have a field day due to the lack of financial intelligence of the populace, and this is not limited to Nigeria.
PoliticsRe: 2027: Some PDP Governors May Defect To APC by Ankakh: 11:16pm On Jan 06, 2025
dre11:
..Come clean of rumours of alleged plans to decamp to APC, PDP leaders tell Delta gov

https://www.vanguardngr.com/2025/01/2027-some-pdp-govs-may-defect-to-apc-source/
Opposition does not mean standing against the party at the federal level, there is no wisdom in that. A Governor can visit the president and the president can commission state projects of the governor of a different party.

But I hope one day, National Assembly can crush this cross-carpeting by polticians once they are in office. Maybe then, we can have some sanity in the political space.
PoliticsRe: "Tinubu’s Reforms Unavoidable, Will Pay-Off", Orji Kalu Assures Nigerians by Ankakh: 11:36pm On Jan 03, 2025
Economic reforms indeed at the expense of people's live and livelihood. Una try o!

Anyways, tech skills are still saving the day for the savvy and interested. Check my signature to know more.
PoliticsRe: Why Governor's Take 65% Of Federal Account Allocation - Tinubu by Ankakh: 11:35pm On Jan 03, 2025
This thread shows some no dey believe any word from Aso Rock. Now, they have to be fact-checked on the spot if not, lies will be the order of the day.
PoliticsRe: APC Kicks As Obi Warns Tinubu Against Foreign Medical Trips by Ankakh: 11:18pm On Jan 03, 2025
adenigga:
In the past 18 months of his administration, President Tinubu and Vice President Kashim Shettima have collectively undertaken 42 trips across 27 countries, spending over 180 days abroad.

He said, “In reality, 18 months later, the economy under President Bola Ahmed Tinubu’s administration has shown a steady record of progress. Despite these and other initial beneficial outcomes of ongoing reforms, the administration is doubling its effort to ensure their fullest benefits for the transformation of our country.

Source: https://punchng.com/APC-kicks-as-Obi-warns-Tinubu-against-foreign-medical-trips
Aso Rock wants Nigerians to sacrifice, which should be fine if we are all benefit from the returns in the future BUT it becomes difficult to accept that reality when Aso Rock and its occupants continue to enjoy the benefits of government at the expense of the people. It's like a father telling the family to sacrifice but he continues to eat large.

And what economic benefit is this spokesman referring to?
Before anyone argues that they have been taking these "trips" before getting to Aso Rock, that's also part of the sacrifice. Stay in Nigeria and use the medical facilities here.
PoliticsRe: Multidimensional Poverty Across States In Nigeria by Ankakh: 11:42pm On Jan 02, 2025
yoruboid:
https://x.com/thecableindex/status/1874789171849560418?s=46&t=YoF4K0q-dNG9S6AXfcrqSg[/quote]But Nigeria is not actually poverty capital of the world.

And we can clearly the challenged states. May God have mercy!
PoliticsRe: NNPCL Invites Obasanjo For Tour Of Port Harcourt Refinery by Ankakh: 11:41pm On Jan 02, 2025
LegendHero:
Source: https://thenationonlineng.net/just-in-nnpcl-invites-obasanjo-for-tour-of-port-harcourt-refinery/amp/
This governement just tries to sugarcoat everything with outrageous packaging.

Time will tell if the refinery is doing what it is said to do.

Just that a lot of money would have gone under the carpet in that timeframe unfortunately.
TravelRe: Differences I Noticed Between Lagos And Anambra Lifestyles (Opinion) by Ankakh: 11:39pm On Jan 02, 2025
Thanks for sharing. Good things to note especially how both states conduct business.
PoliticsRe: First Lady Welcomes First Baby Of The Year by Ankakh: 10:31pm On Jan 01, 2025
Good.
PoliticsRe: Bandits Kidnap 6 Travellers, Set Vehicles Ablaze In Zamfara by Ankakh: 10:31pm On Jan 01, 2025
Leobankx:
The attack comes barely a week after notorious bandit leader Bello Turji issued threats to unleash violence on innocent citizens in Shinkafi and Zurmi communities in Zamfara State, as well as Isah and other local communities in Sokoto State in the New Year 2025.

https://www.channelstv.com/2025/01/01/bandits-abduct-six-travellers-set-vehicles-ablaze-in-zamfara/
Corpers are not involved here but NYSC should stop posting corpers to these hot zones and save parents and guardians unnecessary tears. They just re-opened the Zamfara camp this past December.
PoliticsRe: 2025 Will Deliver Tinubu’s Renewed Hope Agenda, Betta Edu Assures Nigerians by Ankakh: 10:25pm On Jan 01, 2025
Morbeta11:
According to Edu, 2025 will be a year of restoration for Nigeria, unlocking endless possibilities where potential meets opportunity and hard work translates into shared prosperity.

https://punchng.com/2025-will-deliver-tinubus-renewed-hope-agenda-betta-edu-assures-nigerians/#google_vignette
Words are good. Until they translate into action, it does not make much meaning and does not help anyone.
Foreign AffairsRe: Tesla Cybertruck Explodes At Trump Hotel In Las Vegas, Killing 1 (Video) by Ankakh: 10:24pm On Jan 01, 2025
It's unfortunate though for the dead and injured but it looks like their online feud just played out in real life.
PoliticsRe: Inflation: Organised Labour Pushes For Minimum Wage Increase In 2025 by Ankakh: 10:22pm On Jan 01, 2025
fergie001:
“For example, we have entered January 2025, by the 15th of January 2025, the National Bureau of Statistics is going to release the inflation figure for December,” he explained.

“So, what we are pushing for as Labour is that, if for example, the inflation figure is 35%, apply that 35% to the ₦70,000 minimum wage so that it will become reflective of what the true value is.

“When we get to 2026, you will also do similar application. That is actually what we are pushing. We shouldn’t be waiting for five years.

SOURCE
As good as this is for workers, this is a recipe for steady inflation rise.

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