₦airaland Forum

iamoyindamola:
Thank you for your fair analysis
We have one of the strongest squad atm
Pep lost 2 key players mahrez and gungogan, lfc and cfc are rebuilding
Man utd are not really active

If I hear. Guardiola that already got the two best Croatia players after not named Modric Already.

Don't be deceived, that Guardiola don already strengthen his squad ahead of everybody else and he's still not stopping

I just find it amusing that this fine boy feminist doctor no see woman for the whole of UK before he use him hand carry this woman come UK come scatter him career .

There’s something just unsettling about male feminists like him sha

iamoyindamola:
Na those lazy civil servant they wan do increment for

Na dem get Labour union wey fit fight for them na. There's no union of unemployed, underemployed or self employed people that has influence like their own union

Emmynator:
Not to mention the fact that minimum wage increment will lead to inflation that will still make live more difficult for those who won't benefit from it.

Another Angle!

Itsrm:
This one has never made sense to me. Why was the government giving out scarce dollar at a reduced rate to pay school fees?

If you must school abroad, go look for the dollar yourself. The money wasted subsidising dollar for them would have been used to put our own universities in a better shape.

The truth is: Prior to this japa wave, schooling abroad was mostly an elitist thing. Most times it's the children of the decision makers that were schooling abroad and their parents who are decision makers in this country allowed the subsidizing dollars for those schooling abroad to remain as long as possible. All Buhari's children schooled abroad (Even when he was doing photo ops using sachet milo to drink tea), Saraki the former senate president schooled abroad, Seyi Tinubu schooled abroad, be it APC or PDP ; most of their kids were schooling abroad.

So they made sure sourcing subsidized dollar continued as long as it made paying their ward's fees abroad easy. That's why they are never bothered when ASUU complain the government is not funding our Universities well enough. It is only now when so many people in the middle class have keyed into it that it's dawning on them that the whole thing is not sutainable any longer

Nicolas was just a bad deal for us through and through 🤦‍♂️

So a mid table team in the Saudi league was trying to sign take him completely off our hands, but his high wages has been a deal breaker . They are unwilling to match his wage demand cos we already placed him on a salary that was just not in reality with his performance on the field .

Chai! EFCC supposed carry everybody that had hand in his transfer ni

The NLC president is asking some pertinent questions here

https://www.instagram.com/reel/Cu5JqAVMpHs/?igshid=NTc4MTIwNjQ2YQ==

He also mentioned the dishonesty and lack of government transparency in all of this. I like how he said the government might just have to buy more bullet proof car for the political elite because of the gulf they are setting between the rich political elite and the poor when shiiit hits the fan.

A001:
Lols. Isn't it funny?

As in….. I just tire; all through yesterday I was just seeing videos of common man on the streets lamenting their woes ever since this fuel subsidy removal palava started . I don’t know how a person will see those videos and still see all of these as “ dem vs us politics “ that must be defended and argued at all cost.

When Buhari dey do him rubbish na everyday we dey see ridiculous defence being put up on his behalf, now we are here

Olowunl01:
8years of Buhari destroyed Nigeria.. What exactly did we achieve with Buhari ? Dumbest presido ever.

Correct ! And the same people defending Balablue economics now were the same people cheering Buhari on while he was at it. 🤦‍♂️

iamoyindamola:
My dad will wake me in the middle of the night to watch ball that was our agreement though but My mother will protest I am going to school in the morning
That mean you won't watch the next WC

As in…. Even till now, any competition wey dem host for South America or North America I no dey enjoy am cos of their time zone .

Even the Copa America final Brazil vs Argentina , it took me great sacrifice to wake at in the midnight to wtach it .

iamoyindamola:
Set alarm to 1:15

I no dey watch jare . I hate anything that has to do with matches being played in America, at American time . Na so we dey watch Atlanta 96 for midnight 🤦‍♂️

Una dey hype Balogun for here sha, but he’s not had that wow effect on me thus far. He’s not shown he can displace any of our striking options as far as I’m concerned sha

Let's take Lagos state the most prosperous and populous state in Nigeria as case study.

I don’t have the current data , but as at 2017 the head of service confirmed Lagos state government has around 100,443 staff under its employ. NOTE: This was at a time when people are already claiming Lagos population has exceeded 15 million o. That means less than 1% of Lagos state residents are employed by LASG and will be affected directly by the proposed minimum wage increase .

How that one wan take change anything ?

liveLongNprospa:
Lmaooo

I thought when we screamed increment of the wage, it would be that FG will compel even private businesses.
Because I don't understand how civil servants will amount to anything.
Abi na ment?

Just dey play

I laugh each time I hear "let them increase the minimum wage ". Something that will not even scratch the surface.

How many people are civil servants who are bound by the minimum wage? How will increase in minimum wage favour a cleaner of a bank who earns 30k monthly? Do u think the bank will just increase the cleaner's wages to 50k because FG has pegged minimum wage to 50k? .

Before u talk about multiplier effect, u need to even consider the total number of people that are in government's employ to those who are either self employed, unemployed, under employed and those employed in private enterprises/companies.

And so u know, most state governments will not pay the new minimum wage and there's nothing the FG will do to them. Jigawa, Ekiti, Eboyin, etc will not pay minimum wage even if states like Lagos, Rivers state etc do. How multiplier effect wan take change anything for the general economy?

Segedinho:
You will definitely not understand cos u didn't follow d convo from d 1st..

Shaytun =Hold gov Brokos and live FG cos he allocated 1.9tr to states gov.

Sheg=Convert d naira to dolls with the official rate...do dsame with his predecessors..b4 making such statement

Shaytun=do we make use of dollar?? Why should I?

Sheg= dollar determines Nigeria market to some extent.if we ain't tasked to hold state gov b4...why now when the allocation is roughly dsame using purchasing power of naira as a yardstick.


Summary..

I think I understand u better now. I think what u should've just pointed out is that inflation rate now has made whatever FG is allocating less valuable than what his predecessors were allocating in the past ( that's is if the inflation rate has actually jumped up compared to what obtains under his predecessors)

It's the way u kept on mentioning "convert it to dollars", that made Ur point confusing at first.

Segedinho:
I have been typing with less attention and concentration...

I am free now...



Oga economist.


You want us to hold d gov responsible due to the fact that Bala blue allocated 1.9tr abi


Now look at it this way.

What is the worth of the 1.9tr wch is stupid in the face of today's dollar vs the less allocation wch was relatively decent vs dollar ...?

I think paying 500k per month presently is way less than paying 350k when items and groceries where extremely affordable.


How did dollar came in

We are dead in importation and our lives revolves round importation partially....dollar is the main currency that determines our market......

So...shouting 1.9tr as a record allocation is laughable when in reality it is worth less...

Major reason I asked you to convert to dollar and then compare with the past b4 displaying or flooding the group with your wassap assignment...


Do I have to be an economist to understand how dollar rise plays a major role in our existence as a Nigerian??

Let's pause the harmful effect of fuel hike in the decent usage of the bloody 1.9tr Nigeria naira

Na only u and the two people wey like this comment actually understand wetin u dey talk o

"You go explain tire.... You go explain , explain, explain....Because no evidence"- Burnaboy 2023

Ellexy:
Nothing like that Doc. Agbadorians drag Peter Obi and call him chicken hearted when ever he listens or makes adjustment. They said he can't be a good president cos he doesn't have a mind of his own.

Why should Bobo Chicago now be praised for listening and making the same adjustment? Double standard much...?

Una Wahala too much, make una allow BAT take in Oxygen, don't suffocate him

iamoyindamola:
Then say na renewed shege

Even seun confirm say renewed hope don kick bucket

Some of una for this thread ehn, Michael power supposed hold una head for under armpit and break like 2 creates of guinness stout bottle on una head make e for correct 🤦‍♂️

I rest my case!

Raumdeuter u campaigned and clamored support for Tinubu and APC at a time when we were still reeling from the colossal failure of Buhari’s administration . You professed ur belief that Tinubu was coming to apply the balm of Gilead at a time we were trying to heal from the misery Buhari unleashed on this nation.

There’s no harm in campaigning for ur candidtate and actually relishing in the sweetness of his eventual victory at the polls.

But permit me to ask , would it hurt ur ego so bad to just admit Tinubu made a wrong call with the subsidy removal , floating of naira and the attendant problem happening before our own eyes ? Just look at Larride calling a spade a spade and not oversized spoon for feeding baby dinosaurs .

Egbon e pity wa now ! Edakun 🙏

Talk about best of both worlds.

Amala x Efo riro x Egusi + ponmo + beef

liveLongNprospa:
Trunk? Nor be front seat again? 😭😭😭

Na trunk o.

izzou:
[color=royalblue]Unwritten rule in Lagos

Always put your valuables in the trunk of your car.

May God give him the grace to love the thief even more, despite all odds[/color]

Some people are used to the soft life and are not always on guard when they should be.

afrodoc2:
Sometimes i think that maybe i am not innovative enough ni. Infact i don't think i am. Salary of 250-300k chased me away from Nigeria over a decade ago when i had no family responsibility and things were so much cheaper, then i am now reading things like " What can a single man do to survive on 25k in PH."

The audacity of these politicians is too much. If hand does not touch them small they won't change. That 70 billion talk in particular is like spitting in the face of the average Nigerian.

The fact that people like me and u will sit down and try to justify some of their actions is what actually irks me. I already know Nigerian politicians are heartless, but a common man like me putting up defenses for their recklessness is what just upsets my spirit and soul

Incognito9:
E don favour this one and his family

This guy is a sports photo journalist and also a good guy o. But he too carry all the whole election matter for head

Talking about adjustments, my advise is let everybody hold their side and always be on guard so some unscrupulous elements won't use u as their own way of adjustment o. The rate of petty theft and robbery will surely increase going forward, so make everybody dey on guard.

I know a guy who works in a good company and doubles as a youth pastor in one of these Pentecostal churches . Recently on his way from work, he saw people stranded in bus stops and decided to assist them with a lift when he confirmed they were going towards same route. He dropped all four of them at their respective bus stops and headed home.

When he reached home he found out one of the guys he helped had stolen his laptop which he placed on the back seat when he left work. Na so dem move N600k worth of Laptop just like that.

I doubt that guy will ever preach "Love ur neighbour as urself " in his church in the foreseeable future

afrodoc2:
Ok o. Sometimes I hear how much people are being paid as salary and the cost of fuel and other things and the maths is not adding up. From outside looking in, it seems IMPOSSIBLE to adjust to the ever worsening situation. Nigerians are uniquely resilient.

Till date, some bank tellers who are graduate but unfortunate not to have gotten into the bank through graduate trainee still earn around 100k or less.

Lets say he/she lives at Abule Egba and commutes to Obalende on a daily cos he/she certainly can't afford to rent house anywhere close to the island. He/She will spend N800 on transport to the island in the morning and N1,000 back to Abule Egba in the evening. Let's assume he doesnt eat much and spends N1,000 on feeding morning to evening ; that makes it N2,800 he spends on feeding and transport daily multiplied by 22 days which gives N61,600.00 out of N100,000.00 which he/she earns daily.

Where will the N38,400.00 remaining take him ? The N38,400.00 remining when multiplied by 12 will barely pay his house rent on an annual basis .

How this kind person wan take adjust ?

Theflint1:
There was a transition phase of over a month, that's the period for these assessments you refer to, it's not like it was a transition between oppossing parties, it was an APC-APC transition.

It's almost 2 months since BAT was sworn in, he's yet to announce his ministerial list and even the names flying around as potential ministers under his cabinet shows the man is unserious.

Crying over subsidy removal that people have to a large extent adjusted to is a distraction.

Where do u get this notion that people have adjusted ? Do u even know how many employed people dey inside their friends and families DM begging for "at all, at all "?

My boss was still lamenting how his friend who is self employed but currently going through difficult times buzzed him over the weekend asking for assistance. The man has 3 kids in Nigerian Universities at the same time; the kids called that they need money for school work and the man is helpless. Do u know what it means for u being employed yet u are unable to cater for ur family's immediate needs ?

My boss eventually sent what he could afford but I told him it won't be enough and the man would most likely have contacted their other friends too with the hope of aggregating whatever he gets, keep some for contingencies and send the rest to the kids whom may get derailed if he doesnt show up for them with the cash.

If u think people have adjusted, just wait till SMES start folding up, people working in small companies will be out of job cos the owner of the business might just sell off their business assets and relocate away from naija wahala while their ex-employees are left jobless. We depend on PMS too much in this country more than u could imagine.

Ellexy:
Chances are that nigga no dey Naija currently. He's had about a week to move.

That one na small thing. If he has used his passport to travel anywhere in the world, interpol will arrest him if a warrant is out for him