₦airaland Forum

aviara:
APC govt thinks governance and managing an economy is all about revenue generation so they increased VAT and other fines and fees. What they failed to realize is the impact of all these policies on the general prices of goods and services in the country.

Tinubu in less than 3 months in office has increased school fees, removed fuel subsidy, floated the naira and still introducing crazy fees almost in all sectors of the economy. It's the poor man that ends up bearing the burden of all these bad policies.

Governance is not first of all about revenue generation, but the prosperity of the citizens not about the prosperity of the government.

True
The clown has Nothing to offer, same tamplate he used in Lagos, Increase taxes, that's the Lagos they claim he built.

MASTERCHIEF0847:
You are a real mumu i pity those around you. I have posted the figures there for you to dispute, you think everyone is dull like you and an ethnic bigot like you?
I am not Ijaw nor Fulani so i wonder how your small brain came to the conclusion of ethnic loyalty? You be real mumu i pity the woman who go marry you.

Pity yourself.

clown

MASTERCHIEF0847:
Go tell your papa to close him mouth you mannerless illiterate.
Compare the prices you idiot. Na your papa thunder go fire.

Why would i trade words with a buffon, that values ethnic loyalty above truth and logic?

Clown.

Kukutente23:
Yeah. You're right. But you get the main gist right?
It's more about how you manage your resources and not the availability of the resources as that dude is claiming

Yeah, I agree.

Countries like Singapore don't even have Land and water resources, talkless of mineral resources, but they are more developed than Gabon and Equitorial guinea , two African countries with oil wealth and very small population.

jaephoenix:
Im in my mid forties, yet haven’t seen any supernatural bullshit. What else have you gotta say?

That's why I say you are a Kid.
Sorry for that.

GeneralDae:
So is the supposed low IQ due to the colour of the skin?

The colour of the skin is not the reason for low IQ.

It's just an indicator of probably low IQ.

Germi9:
I don’t want to be disturbing them, so let’s give it some time.

Imagine wetin commissioner of a state dey talk

I tell U.

The Non- chalant attitude of our Government workers in appalling, from top to bottom.

chiself:
Who is breaking Nigeria ? Well Atiku tried to do that, and there are some waiting for the FBI report. The question is do you think the fall out, if there is anything incriminating would only affect Tinubu? You are all screaming about the state of economy but do you think such incrementing information will make the Naira rise against the dollar and bring about the needed foreign investments?

The country is not in the best state, we all know that, but as as Sanusi said "Anybody who tells you it's going to be easy, please don't vote for him". In early 1922, 160 German marks was equivalent to one US dollar. By November of 1923, the currency would depreciate to 4,200,000,000,000 marks to one US dollar. With policies the hyperinflation was over by 1924.

It is even keeping quiet that does the country much harm, true, but what are you saying. I have read people saying Buhari government is better than Tinubu's government . Do they mean Tinubu's government in Lagos State or what government? Is it the one that is just starting? Let the policies feed through. There are time lag but come back in 2-4 years time and review. It is like a journey from Lagos to Kano. You might not have reached Kano but it is important to know that you have left Lagos and on your way to Kano. You might not even get to Kano but Kaduna, but it is closer to Kano than Lagos. The journey from Kaduna to Kano wouldn't take as long.

Sighs.

Nonsense writeup.

That's the same useless reasons you ppl would give after 4years.

onuman:
Ha ha ha. Because you don't understand what is holding Nigeria down. You pray every year for a good leader to emerge to lift up Nigeria. But the prayers have remained vanity. You don't ask yourselves why. You don't even understand that it's piling up multireligious and multi ethnic groups in one country by Oyibo people that makes Nigeria deteriorate. Oyibo knows that keeping Nigeria down is at their own exonomic advantage.

That's how you guys parrot rubbish.
When I ask you for evidence and facts now, you would run away.

Which economic benefits would UK and US gain from Nigerians bad economy?
Can Nigeria compete and rival Singapore, Thailand or India talkless of UK and US.

Abeg reason b4 you talk.

Kukutente23:
This one has bought into nairalanda1's dumb propaganda
Egypt is doing far better than us economically. They don't have oil or any natural resource of note.
Same goes for India, Britain, Germany, China and a host of other countries around the world. If you're saying the ownership of one commodity or the other is the determinant of a vibrant economy, UK should be the poorest country in the world followed by Switzerland.
It's a dumb thing to mismanage your resources then claim It's not enough to meet your needs.

I partly agree with you, but you are wrong to say UK has no mineral resources.

Google North Sea UK oil production, Alpha Piper.
And mineral resources in UK.

seguno2:
Please how is keeping oil theft low not part of managing the economy well

You dey mind the ingnorant Buffons?

They just want to comment, like their foolish leader without thinking.

Mbanda:
It's not a matter of tinuburuku ruling for 4yrs, rather it's a matter of your wellbeing (financially and otherwise) for that 4yrs. Am saying this because, most people we see begging for financial help on twitter are all agbadorians.

I know you will never understand because of the situation below

Well said.

mindtricks:
Rather cheap to think it's about Yoruba, just same crop of crooks holding nation hostage.

Were Yorubas not at the fore front of voting in this disaster of an administration?

zinaunreal:
The sooner everybody dump naira and make dollar the official currency the better for us

It has its own merits and de-merits

jaephoenix:
Lol. I learn? What experience do you have?

When you have real life experience that is beyond the physical you would understand.

nathyx:
What of federal unemployed youths

U mean Agbodiains and there online miscreants?

Memphis357:
The way you APC propagandust people just quote figures anyhow.... Do you even know just how humongous £18.5bn is?
Una heads dey too worthless!!

You dey ask ppl way get fish brain.

nairalanda1:
I stopped at Saudi Arabia

Saudi Arabia earns far more than Nigeria. To defend their currency in 2014 they spent 2-3 times our Forex revenue. To defend their currency!

That is why they have more than enough money to do stuff

40 million people and ten million barrels of crude a day is nothing to laugh at.

Nigeria is and was and has always been broke..and we need side hustle

Sighs.

Useless excuse.

In your anology you did not account for the differences in corruption and incompetence between both countries.

onuman:
Nigeria's economy is at the apron strings of the IMF and the Colonial master.
Colonial master did not impose Jonathan upon Nigeria; and did not dictate to President Jonathan. Jonathan came in from the death of Yar'adua. Jonathan left when the Colonial master wanted.
Buhari and Tinubu are footsoldiers of the Colonial masters. Before ever Tinubu started presidential campaign, he first went abroad and got annointed by the Colonial master who has Nigeria as plantation.
Obama and the CNN nearly shouted themselves hoarse in their campaign for Buhari to become president of Nigeria. US is an extension of GB.
Since June 2023, there is hardly any day the Naira did not crumble against the GBP and the US Dollar. If unchecked, the Naira may soon be like Somalia's currency at the heat of Somalia's war against the Al Shabab.

Useless unreasonable baseless comment.

Afonja007:
so now na Ukraine and Russian war? this people are terrible No more buhari will handle security osibanjo will handle economy ,today is tinubu will handle economy while shettima will handle security the next complain will be hamas is fighting Israel I never see liars like agbadorians in the history of mankind,

I tell u.

Very useless set of ppl.

Kukutente23:
So it's GEJ's fault that he didn't experience recession?
Who is supposed to secure the pipelines and ensure maximum production
Ukraine/Russia war is actually good for Nigeria because it increased oil price just as Libya's war and Syria did in 2011.

Abeg tell the clown.

Shikini:
1) Oga, how old are you? I hate wasting time on childish bear parlour talk with kids

2) OBJ had on many occasions explained that the so-called $16 Billion was a future commitment to be deducted gradually at source from monthly federation accounts and excess crude for the electricity sector. He said before he left office, less than $4 Billion was realised which he used to build the following power plants:
1) Alaoji Power Plant. Abia State.
2) Olorunsogo 1, Power plant. Ogun State.
3) Olorunsogo 11, Power Plant, Oyo State
4) Calabar Power Plant. Cross River State.
5) Gereku Power Plant, Kogi State
6) Omotosho Power Plant. Ondo State.
7) Gbarain Power Plant. Bayelsa State.
Ihovbor Power Plant. Edo State.
9) Egbema Power Plant. Imo State
10) Papalanto Power Plant, Ogun State

3) Oga, do you know what £18.5 Billion is? So, Deizani alone ferried this amount to UK? This is laughable. What is your source?. How old are you sef and what is the highest level of your education?

True.
He just Picked numbers from thin air

Pakute:
Did GEJ experience recession?, No.
Did GEJ experience pipeline vandalism and production shortfalls?, No
Did GEJ experience Covid?, No.
Did GEJ experience Ukrain/Russia war that's affecting food prices? No.

All the things you mentioned are the duties of a good leader and administration.
Sorry your APC SHIT FAILED, in everyone of them.

Newdawn30:
Exactly the clueless one is 10× better(170=$) than the first class economic genius(1100= $)

Audio first class.

MASTERCHIEF0847:
Crude oil prices were at its highest levels during GEJ days which was an advantage and also he had a good and competent economic team led by Ngozi Okonjo Iweala and other economic and financial experts who were picked based on merit instead of nepotism and political patronage as it was during Buhari and now under Tinubu.
Nigeria is now heading into “Gangster Capitalism “ like we had in countries like Russia,Romania,Belarus and other former Soviet Union states…the economy being controlled by criminals and outlaws with government power.

My friend close your mouth, b4 thunder fire you.
Which crude oil was highest?
This administration have had average crude oil price of $75 and above yet nothing to show.

Raydos:
Why does it happen in all African countries? Why are the worst rulling in almost all African countries? At least there should be one successful black country that stands out!! But we have none!

Even far out of Africa, To the carribeans, They have same problem, Jamaica, Haiti e.t.c are trashy countries!


Bro this has to do with IQ

100% correct

jaephoenix:
Who are the millions? Nigerians?
Bro, I haven't uttered a word of prayer for more than 2 decades yet not only am I alive, but I feed people that pray everyday. I look at them and laugh but I can't knock them cos they are my family and I love them despite their stupidity

Like I said b4, you are a kid not in terms of age but experience.

You dey learn.

Johnbullisaclow:
Once again, you keep trying to "Shoe in" his academic issues into a scenario that is just plainly false....Bad policy decision by the President and the ruling Party have effects on any Investor, his Academic woes whether true or false have no effect on any Investor deciding on whether to come to do business in Nigeria....if his or her investments are secured and they can make a profit then they couldn't careless who a President is....that's why Countries that even have the worst Dictators you can think off, still have peoples, Organisations and countries that are still willing to take risks to do business within.

Did Investors run away during South African Apartheid era even with all the sanctions? Did Nigeria not have investors during the height of Abacha's regime....unless you are talking Mugabe type of issues in Zimbabwe, which I doubt Nigeria will ever get that bad as Mugabe's issues was testing the British which the European Nations and America wanted to teach him a lesson, so squeezed the life out of the Zimbabwean economy....Tinubu's issues are just an embarrassment for Nigerians and fodder for ridicule (like how other nations ridiculed the US when Trump was elected President), beyond that it's his policies that potential investors will look at and nothing more.

Who told you companies did not run away or stay away from those countries you mentioned?

I guess you have not heard of cooperate image.

The president of a nation is the No 1 marketing agent of a country, if his image is bad so also his country is perceived.
Why do you think countries pressure their leaders to resign or step down when they have personal scandals?

Recently the Cheif officer for Shell 's Shale division had to step down becos he was accused , not yet found guilty of sexual harassment, the company distanced themselves from him to avoid denting their reputation.
You think the West think like us? Where we act anyhow without consequences and remorse.
What happened to former British PM, why did he resign?
The only investors that would be willingly to do business in nigeria are those investors and companies that are into shady business.

radautoworks:
Emotional quotient. Measurement of Emotional Intelligence. https://www.helpguide.org/articles/mental-health/emotional-intelligence-eq.htm#:~:text=Emotional%20intelligence%20(otherwise%20known%20as,overcome%20challenges%20and%20defuse%20conflict.

That false.

Nigerians and blacks globally have Low IQ.

That has been proven several times.

Napata77:
FANTASTIC, FANTASTIC, FANTASTIC.

WE ARE GRADUALLY SHEDDING THE COLONIAL INFLUENCE AND BECOMING AFRICANS AGAIN.

THE ANCESTORS ARE SMILING.

KUDOS TO ALL CONCERNED IN THIS TREND.

TO TRULY PROGRESS AS AFRICANS, WE MUST THINK LIKE THE CHINESE, JAPANESE, AND INDIANS.

THEY ELEVATE THEIR CULTURE, HERITAGE AND RELIGION OVER ANY EUROPEAN TRADITION.

NEXT STEP IS TO START UPDATING AND RETURNING TO OUR TRADITIONAL AFRICAN RELIGION.

BUILD GRAND TEMPLES OF TRADITIONAL SPIRITUALITY LIKE OUR ANCESTORS DID IN ANCIENT ISRAEL, NUBIA, AND EGYPT.

WE KNEW GOD THOUSANDS OF YEARS BEFORE EUROPEANS, SO THEY CANNOT TEACH US DIVINITY OR HOW TO WORSHIP THE SUPREME BEING.

.Sighs

Rubbish

Johnbullisaclow:
I have no arguments on the above as you have rightfully put the blame where its meant to squarely lie, which is on the Policies of the ruling Party.

Its when people solely make it seems as if BAT's academic issues have anything to do with Party Policies and Business Investments, that's where people lose me...where were all these issues when he ran for Govenor amd served 2 terms? If you want to destroy a tree you do that from the root and when its just sprouting its growth....makes it easier than chopping down an Oak when it's fully grown.

Eitherways, we shall see where the pendulum swings in a few months time.

BATs academic issues and poor economic policies would do this country more harm.
You think investors have money to throw away, bad economic polices and a country's bad reputation can cause investors having poor confidence in a country.

jaephoenix:
I guess you were born with the ability to comprehend such gibberish. Kwontinu

Stop punching above your weight.

If prayers don work for you, there are millions of ppl it works for.