JagabanB: Take this talk to the Senate, it's easy, isn't it? You are all mouths on social media without thinking, so federal policing will be existing concurrently with state policing as it is now? Or they should maintain federal policing for some states and state policing for others, same u will still come to cry marginalization. Or states who cañ't afford proper state policing should left without policing? Most of u in Nigèria need to think basics before u type on social media, u all have been so sophisticated and enlightened on social media for ages and it's hasn't in any way helped u. Be Sophisticated in reality let's see. Comparing water supply to policing is a very Iamè comparison to even start with.
Who cares cares of its easy? Yes both tiers of government can shares duties. They already do it with prisons. They states that want or need federal police can negotiate witg the federal government. Let their representatives work busy body. Allowing the states the option have their own police force didn't eliminate the federal police just like it doesn't Eliminate other functions that exist in the concurrent list. Your questions are pretty dumb but common sense isn't that common it seems.
The water supply to policing is apt because Water is must to survive. No state can say they provide the majority of their residents in any local government their water needs. Just like water thestates will address their issues at their own pace. They're doing so with prisons until the federal government stops accepting state and local law offenders.
JagabanB: My local government provides water, we the indigenes make sure of that. U wanted to make a point but started off in most idîótïc way, we cañ't converse actually.
The point stands even if you don't like the facts. If you're missing the forest for the trees I guess you're too dense to get the point. It doesn't matter if all the States are able to pay the police. The ones who are willing able can do it first thing. The rest may catch up when ever fiscal realities determine. There's no reason to retard progress of other states just because one can't or won't ever.
Lol this mumu is blood thirsty. How does Niger being a democracy benefit Nigeria economicly or geopolitically? What did Nigeria lose by them becoming a military dictorship? If you engage in blockade then you're essentially declaring war on them. If he understood the concept of blowback, he wouldn't advocate for this policy.
Nothing must go in, and nothing must come out except emergency medical supplies. No food, no beverages, no weapons, no cars, no nothing. Niger also depends largely on Nigeria for electric power.
• you'll just push them to trade with Benin Republic unless you plan on strong, arming them aswell. • You'll be wasting money on a train that's supposed to encourage trade with them. • They're already building a dam to make themselves energy independent of Nigeria by 2025. You'll just encourage them and others to do so faster since downstream Nigeria wants to weaponize it. • They can also be petty and give support to Boko Haram to fight a proxy war. The Bokogerians do the work of killing your soldiers and draining your treasury.
JagabanB: Nice suggestions, but who pays the police? Can state government pay them? A state that owns a police force they can't pay is a risk for it's residents.
They will take it out your wallet sir. Besides state that can't aren't forced to do it immediately or at all. Let's take simple things like providing water does your state or local government do it? Another example is prisons which has been moved out of the exclusive list. Are they breaking their necks to construct prisons? Notice they just because they have option or duty doesn't mean they rush to do it or even opt to because they know most if their residents don't care. States that can and are willing will do so. The ones who aren't either won't.
CodeTemplar: how come we are the poverty capital then? The lies dont stack up properly.
Lol after one lie is debunked you have to move the goal post. Go read about topics you're interested instead of arguing about topics you know nothing about. You ran away from the math problem as soon you asked to prove your argument. Anyway I'm not interested in lecturing you further.
CodeTemplar: how many of yours have you proven. Cataclysmic slowpoke!
Lol keep rambling a mumu. You're still wrong that's what so funny about this. Even if you exclude oil out the GDP Nigeria would still have a higher gdp per capita. This me assuming you oil accounts for 20% of GDP which it doesn't. Keep shifting the goal post since you incapable of proving your argument.
Nigeria GPD per capita w/o oil: $1,789.59
Note that this assumes oil contributed 20% to gdp.
CodeTemplar: Do they have oil. Subtract oil from ours and redo the computation. Dullard.
You do the math lazy clown. Prove your argument instead of just rambling like a mumu. Its hilarious how predictable you guys can be when your obvious lies fall apart 🤣.
Kingabia1998: But if they send your papa there he will practically abandon you guys and run to the stinking city
You're weird and foolish thats why neither of your parents claim you. Horse drawn carriages were abandoned for automobiles for reason. Even these guys know it's inefficient because they made an exception for emergency services.
nairalanda1: Not only that, when we went to court with Cameroon , we signed an agreement that we would abide by whatever ruling the court issued. Well, they ruled against us.
Facts and Nigeria wasn't interested in appealing the judgment. The issue is dead unless Nigeria turns into Russia.
kettykings: If the FG could give away oil rich bakassi , why is Biafra an issue why is the federal government using all the resources that they can muster to keep Biafra, particularly the south east is Nigeria
Nigeria opted for international Court ruling instead of war. As you know own they are willing to fight civil wars but not regular ones historically speaking.
BeautifulMind2: I'm not competing with anybody, it's not a crime to develop a blog not a forum like Nairaland, nobody can cage me here, nobody choose the name for me here, if you're pain that's your own cup of tea, Nairaland can't stop my social media influence, I have my followers on YouTube, Facebook and other platforms, I don't just live my life on social media in real life I'm a hardware and software engineer, own a studio, sale outlets and farm, typical Anambra guy multitalented, any thing I do I put in my best. I dey nothing dey happen
Lol it's good thing Nairaland doesn't ban IPs. A lot of you guys who say they don't need the site have dozens of usernames to lurk around. It's nothing short of an addiction. Lol u might even get a VPN or switch your IP in the scenario your IP gets banned.
Tianamen1: Everyone agrees that this is a bad move, right? pro-subsidy removal and anti-subsidy removal, pro-taxing the rich and anti-taxing the rich. We are all on the same page that this is a bad policy, right? What should Nigeria do from this point to improve its economy? This is what we need to focus on. In clear terms, what steps are needed to be taken? I have Ideas which have been roundly rejected by many.
1. Get Inflation under control with nterest rates hikes it will hurt. 2. Continue market friendly policies. There power market is one industry that has price controls on it restricting its profits. 3. Hiring freeze on government jobs. Alot if these jobs are duplicates 4. Ease of doing business could be better. 5. Infrastructure spending on transmission and rails. 6. Remove trade bans that so price of goods can come down. Let's take cement for example the import ban on cement makes construction artificially high. If Nigeria want cheaper food they could simply have a tariffs on meat instead of just banning.
There's probably something I'm missing but that's what I can think on the fly.
lexy2014: 1. Bros, that's not what I asked you except u didn't understand d question. Earlier u claimed that increase in money supply from N100 to N116 increased demand. How did it increase demand?
Are u sure u understand this number 2 question?
2. Can u pls identify were money being spent or not spent was mentioned in the following:
"For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?"
3. How can I refer to 2 when I never asked you if money was spent or wasn't spent? Can you show where in number 2 I asked about money being spent?
4. How then did the increase in supply of money in Spain cause inflation which caused the purchasing power of money to fall?
5. It's not about me. It's about u. Why are You adding more factors after making a straight jacket claim that increase in money supply from N100 to N116 with 100 apples automatically caused inflation?
6. Based on your claim, are earnings of Nigerians going to rise since the CBN has increased money supply?
The key word is "earn" which you used earlier. Is it supply of money that determines a persons "earning"?
1. I already mentioned the factors that increased demand.
2. I can but don't care to. If you're willing to pay I may change my mind.
3. Refer to previous answers. The money spent tell you about demand.
4. Inflation
5. Why are you worried about this still?
6. Over the long-run yes in nominal terms. Not in real terms.
lexy2014: 1. If the increase in money supply from N100 to N116 didn't increase purchasing power, how then did it increase demand?
2. Can u pls identify were money being spent or not spent was mentioned in the following:
"For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?"
3. How can I refer to when I never asked you if money was spent or wasn't spent? Can you show where in number 2 I asked about money being spent?
4. How did the increase in supply of money in Spain cause the purchasing power of money to fall?
5. Why should I add any factors of my choosing? You are d one adding factors after making a straight jacket claim that increase in money supply from N100 to N116 with 100 apples automatically caused inflation. Why adding other factors when u claimed that it is increase in money supply that automatically caused inflation?
6. If you say money is earned in an economy, is it supply of money in the economy that determines how much people earn?
1. Demand is desire and willingness to pay a specific price. Demand can be increased due to changes in income, preferences or future expectations. This why you don't need an increase in purchasing power to have higher demand.
2. You're free to read back. I mention it was spent. If you disagree say so.
3. Refer to answer two.
4. Inflation.
5. You don't have to. I said you can. Since you don't want don't worry about.
6. Over a long run period it will effect it. Under hyperinflation people in Zimbabwe earned billions when that was unheard a decade prior.
lexy2014: Who asked you if demand is d same thing as purchasing power?
1. Did the increase in the money in the economy from N100 to N116 automatically increase the spending/purchasing power of people?
Simple yes or no
In the question below, who asked you if it is possible or not to spend all your new earnings?
2. For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?
3. If u say inflation occured after money supply increase, how did that increase in money supply cause inflation?
4. Based on your 16th Spanish example, did the increase in gold and silver supply increase the purchasing power of Spaniards at d time?
5. What other factors are we adding? You gave a straight jacket claim...increase in money supply from N100 to N116 with 100 apples automatically caused inflation. What's there to add?
You said "yes" in your number 6. "Yes" to what exactly? What part of d question below required the "yes"?
6. According to you "this means when more money is available more stuff is demanded".
"Available" where?
1. Yes to demand. No to purchasing power. Learn the difference between the two it's important.
2. It's possible because it not impossible in the hypothetical scenario. The money was spent.
3. Refer to answer 2.
4. It led to a fall of the purchasing power of the money.
5. I told you can add other factors of your choosing. Make your choice instead asking me.
6. Money circulates in the economy and is earned. That's where it comes from.
lexy2014: You didn't answer my questions. Can you show me were u answered my questions?
1. Did the increase in the money in the economy from N100 to N116 automatically increase the spending/purchasing power of people?
2. For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?
3. When did the inflation that you occured ocuur? Was it before money supply was increased or after?
4. A hypothesis is based on limited evidence. For it to be said to be possible, it must tested. What is your evidence and what test did u do that makes your hypothetical scenario possible?
5. What other factors are we adding? You gave a straight jacket claim...increase in money supply from N100 to N116 with 100 apples automatically caused inflation. What's there to add?
6. According to you "this means when more money is available more stuff is demanded".
"Available" where?
You can look back yourself. The questions was answered. If you don't understand that's your fault.
1. You don't understand what purchasing power means. Demand is not the same as purchasing power. Yes demand increased but not purchasing power.
2. It's possible to spend all your new earnings. It's done all the time in the real world.
3. After the money supply increased.
4. We have historical examples of inflation of money supply causing inflation. Take 16th-century Spanish inflation due to the influx of new world gold. There's the example of this scenario playing out with hard money.
Did the increase in the money in the economy from N100 to N116 automatically increase the spending/purchasing power of people?
For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?
When did the inflation that you occured ocuur? Was it before money supply was increased or after?
If u say that your example "hypothetical", then how is it at the same time a possibility?
What other factors are we adding? You gave a straight jacket claim...increase in money supply from N100 to N116 with 100 apples automatically caused inflation. What's there to add?
I did answered both questions.I said in the example all the money is spent nothing is saved. This means when more money is available more stuff is demanded. Remember how inflation was defined in previous comments. If you know what it is then you know it occurred when it happens. I defined as the increases as money supply itself. Other do it as increase it prices. Either way it's after its more money is added.
Hypothetical doesn't mean impossible. This scenario is possible. You can add other factors i mentioned but the results will be similar.
lexy2014: How did you come to the conclusion that "All the money is spent buying apples"?
Did the increase in the money in the economy from N100 to N116 automatically increase the spending/purchasing power of people?
For you to say that price of apple increased from N1 to N1.16 (after money supply increased) suggests that immediately money supply was increased, that automatically triggered the price of apple to increase. How was that possible?
Up till now, you haven't explained how that is possible?
Inflation occurred so purchasing power decreased. Everything is spent in the example. In the example. It's possible because it's a hypothetical economy for simplicity. This is why the economy has 1 product that is consumed exclusively. If you had a problem with the premise you could have stated that earlier.
Other that that it still explains how and why increases in money supply without increases in production results in higher prices. You can add more factors like imports exports, multiple goods, and marginal rates of saving but the results remain similar.
lexy2014: How does the price of apple turn to N1.16 from N1 just because money supply increased to N116 and there is 100 apples in the economy?
Since the goods didn't change in the example the new price level adjust to N1.16. All the money is spent buying apples in this example since everyone demands apples. Any more questions?
N116÷100 apples= N1.16 (new price after money supply increased) N100÷100 apples=N1 (original price)
lexy2014: My agreement or disagreement isn't responsible for your claim that increasing money supply intensifies aka increases inflation.
If that is your claim, how does increasing money supply intensifies aka increases inflation?
You saw 100 turn to 116 over a year. The new price of the apples turned N1.16 in my example instead of 1N before the money supply increased. What more do you need?
Pls which jobs, investments and price reductions have accrued to Nigeria as a result of removal of subsidy on kerosene and diesel?
How would subsisdy have eaten out revenue?
Before previous governments started removing subsisdy, what was the percentage on each litre of fuel they were paying as subsidy?
With each subsequent removal, what percentage on a litre of fuel was being paid as subsisdy and what did that amount to in total?
Which subsidy did Mele Kyari say was totally removed in 2020? If subsidy was completely removed in 2020, which one is Tinubu removing in 2023?
Which subsisdy on petrol did Tinubu now remove in 2023?
What percentage on each litre of fuel was nigeria paying as subsisdy before may 29, 2023?
erniok thatigboman greggng a4cube lasenior bonnyhope semperfid nasri100 kukutenla slowice advanceDNA...see the way nairalanda1 will dodge these questions
Why are you changing the subject? Why do you only ask questions and instead of answering direct questions. Do you believe increasing money supply doesn't cause inflation? If so tell us why. It's OK to disagree tell us your thoughts.
lexy2014: If I ask you, what has trolling got to do with d questions I asked you, will u be able to answer d question?
You claimed that 116naira and 100apples in the economy automatically causes inflation. That is the "what".
My question is simple...how does 116naira and 100 apples in an economy cause inflation? For someone who is an expert in economics, u shouldn't have any problems dissecting d question
Do you disagree with the statement increasing money supply intensifies aka increases inflation? If so tell us why.