₦airaland Forum

“If we reduce the purchasing power of the people, we can further slow down the economy”

Brendaniel:
We warned them about Tinubu, the didn't listen, it was supposed to be a collective effort to stop him but they chose tribe and religion over competence and character....

It's not all Yoruba that voted Tinubu

Some of us no fancy ham atall atall

Know this , no peace brother

AdeCityzen:
What Nigeria Army can't do, Chadian Army can do better

Nigerian army can do it better but they don’t have the clearance to do it

As a child of God.. always return what doesn’t belong to you

Rest in peace ma

004gist:
Through taxes, through immigration etc.
E.g if u are working u pay 20% to government every month. Pay for council tax also.
Their government managed their resources and are accountable to the people that's what I see here.

Thanks for the response

Saviola86:
People abroad are going through alot. A friend of mine that sold his car to travel abroad is there and contemplating suicide.

In the UK he said it is not the way they told him. He is unable to get a job and Is being catered for by a stranger. man comes to my DM to cry everyday but I keep encouraging him to stay and don't come back because back home we sef are going through hell. In his words " I don't think any hell can be compared to what we face here. Atleast in Nigeria I have siblings and uncles that can accommodate me but over here without a job, I am depressed and suicidal with no support system"

He is a fighter and I know he will come out of it strong.

Pls talk to him everyday…

May God answer his prayer

004gist:
Most jobs here in uk to be precise are care work which is somehow like giving care to elderly..assisting in washing, preparing meal,cleaning and changing of nappies.

Nurses.. Working in hospitals

Then factory work where u work as unskilled workers.. This is for the strong because it's standing

Security...nighy watch

Carpenters, plumbing etc hand work


Office jobs are few and are mostly occupied by the British or those who knows their system and ascent... Like bank work, mangers etc.



Note that UK don't produce much.. They import shoes,cloths, electronics etc from China and Co but healthcare give it to UK

If they don’t produce much
And I guess they don’t really have much naturally resources

So how do they make money? And continue to be a first world country?

aloziedaya:
STOP DISTURBING PEOPLE ABROAD AND WAKE UP. LOOK AT YOUR TYPE IN KENYA WHAT THEY ARE DOING BUT YOU ARE THERE FOLDING YOUR HANDS AND CALLING PEOPLE ABROAD.

GET UP AND PROTEST...

To have a successful protest. You need Unity! We don’t have that in Nigeria… all tribes are currently not in good terms with each other

Oya na…


Everybody should sit for dia papa house

Vlibray:
😂😂
Na me help una vote for Tinubu ?
If hunger wire una head finish, una go come outside .
Make anybody no quote me o, make I no curse your papa

You are right now…

I can’t count how many full AGBADO supporters that’s has been calling me for help since dere oga enter office… I told them den but they said we be mumu Omo ale…

I gladly told them to go to aso rock if they need help

Thank God

We don’t want any explosions in our lovely country

Someone will say why don’t he follow proper channel instead of coming to the socials but the truth is maybe nothing as been done so far… and he decided to risk it all by coming online…

May God protect his appointment

djseanjohn77:
When i left 11 years ago, it was my boss that proposed such to me...I declined afterwards.

So if you accept the offer it’s gonna be 50/50 stuffs?


God bless you for not accepting such irritating offer

A new Nigerian working actively should be giving the money monthly instead

khreus:
Expatiate pls. What's fraud-proof in the NYSC system?

I’m not saying people don’t breech the system in NYSC but it’s very limited..

With NYSC monthly fingerprint for all corpers. It’s a mandatory process…you miss it, your miss your salary for that month… you miss it 3 times .. you get a probation

Complete selfishness… makes no sense at all.. and after all everyone will be blaming the government

If you know you won japa.. resign before you fly
If you don’t trust ur village people… then send a resignation letter when you land successfully…

Government should try and introduce Headcount and biometrics monthly for all workers to keep them in tracks….

If they can follow NYSC system… it will save Nigeria lot of money

Giftiya:
Five teachers (degree holders) resigned after an ND holder was made principal. According to the proprietress, the ND holder has served her for over five years, so deserves the post. Those teachers on the other hand said they cannot be governed by a lower certificate holder.

But was the school owner wrong?
www.giftiya.com

It’s the decision of the owner that stand…

The best thing for the Bsc holder is to resign and look for other job..

Nigeria is a very very rich country

ivandragon:
In summary, yes.

Wow.... all I can say is wow!!


Well if Nigeria is in this state... I believe nobody will have any reason to japa because our passport will be too strong

ivandragon:
FX rates are a function of availability. Or as some like to put it, demand & supply.

P.S.

Every country has its own peculiarities about availability of the dollar.

So let say they have the availability like from the black market with a little increase…

For example Nigeria as a case study…

#1.2 to $1

Can I just locate one black market to convert my #12k or so to $10k

No Laff my ignorance… just trying to get a clear understanding 😏

SIRAO:
No dear, it is till difficult to obtain it over there.

Hmmm.. thanks for the response

ivandragon:
FX rates are important only to the extent upon which they impact on 1. Purchasing power and 2. Cost of living.

A country's exchange rate can be 1:1$, but the purchasing power of the masses would be so low and cost of living expensive.

Another country's rate can be 20000:1$ but the purchasing power of the masses would be reasonably average and cost of living moderate.

In summary, every action of government must be geared towards two key things first and foremost...

1. Ensure the masses have an above average purchasing power whereby spending a little of the local currency can buy a fairly large amount of BASIC NECESSITIES (food, clothing, etc)...

2. Ensure the cost of living is not beyond the reach of the common man (housing, health, transportation).

If governments can understand these two parameters, it would better allocate its scarce resources and be able to measure its level of progress...

Let me ask this curious question

For example

Some country exchange rate maybe 1 to $1

Does it means if the citizens are require to study aboard with $10,000

They can easily get it because the exchange rate is equal

It’s funny cost of living is relatively cheap in Nigeria compare to other African country…

Tho we have very poor minimum wages

I think I’m the only one that still believes normal normal NIGERIA is one of the richest country in the world

Tinubu for 2027
Or
Nasir El-Rufai for 2027


Pick 1

I remember when I received a wedding invitation, that time sapa still Dey arnd.

It read, "Your presence itself is a present. We don't want any presents at the wedding."

After re-reading it repeatedly, I concluded that I was not invited. So I decided not to attend.

Dey play

We don’t need prayer… we need

Invite Benin Republic, Cameroon, Senegal and Ghana Military men and women to help you fight ur enemies

Allocate at least $30B for purchase of new ammunition and artillery

Deploy more spies in the community accommodating those enemies

Stop repentance of enemies programme, charge them and sentence them

Good job

Funkyswagzz:
Wait o dangote goes to US to buy crude and Nigeria is going to sell crude to US? Hmmm I can't believe this😳😳

This country, you Need someone like Isaac Newton to explain it to you before you can understand...

How can Nigeria sold crude oil to the US
And dangote went to the US to buy the same oil we sold to them...

Why can't Dangote just buy directly from his own soil...

Omo lots is happening in Nigeria

I’m not sure it exists again unless you build another one with a 3D printer

expensive watches are made with precious material.. most of these watches can work for decades without stopping for once…

Then again for example Rolex holds/appreciates its value better than most, it’s pretty much guaranteed at this point. So u buy a watch for 5m, wear it for 10 years and sell it for 5m-10m, was it an expensive watch?