₦airaland Forum

Yyeske:
Abeg leave that OP that doesn't understand what the economy is all about, still trying to pass his UTME 4th attempt.
Imagine comparing the US that can print its dollars and can even spread inflation all over the world unlike Nigeria that must buy those dollars and pay for her imports

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EVarn:
Armchair economists everywhere; if the governmment doesn't build-up reserves, the country's economy will collapse from forex shortage during periods of recession(this is exactly what is happening right now).

Can you imagine you who are not armchair economists o. Tell me what reserves China built during the 80s revolution o.

I insist the best way to successfully build an economy is to focus on human capital. What the post seeks pass across is that we don't need these stupid noise on foreign reserves. Invest the money in the people (technology, science, agricultural),/researches and see our reliance of foreign goods disappear hence better economy. Not bogus numbers of harvesting 17m tons of rice or claiming Thailand has shut all it's rice mills.

Quoting Bill Gates "Dangote told me he didn't become rich by selling sugar he doesn't have"

Imagine how many tractors do we have per hectare in Nigeria? Till date we can't fix Ajaokuta steel or finance to build a new steel plant yet we are saving forex.

dvee2:
Look at this one, that is why you failed exams. The Question is list project initiated and executed. You are here talking about states. Does Osun state initiated FG project?
If you want to talk about moderlities open a new topic
Who is npower a plant? Do you know the meaning of a project? Who told you only physical structures are projects? The research project you submitted in school is it a physical building? All these products of failed education who should be fighting against people who looted their psychi are the ones defending them for a pot of stew. Smh

You're such a chump. I was responding to every question raised by the OP then and mind you yes the home grown feeding program under Yar'Adua was an FG/UNESCO initiative. So who's a product of failed education? Someone who can refer to a project initiated and happenings of a decade ago or someone who can't even remember what happened a year back...UH?

adanny01:
98% was what GEJ used to commission. Unfortunately, most of you who are not into construction donot have an idea how the value is arrived at. Also that that percentage can be made to look like anything they wish.

Are you aware that even as Buhari commissioned the project and its fully functional, it is still not 100%?

Do you know they are still building fencing barriers by rail tracks. Take the train trip and you will still see work in progress.

Its when you arrive Kaduna (Rigasa station), you will realise this project is not anywhere beyond 90% even at this moment.

Dont swallow whole line and sinker what politicians tell you. I have used the line and as an engr myself, have assessed the progress level.

My brother I traveled on that train about 6 times last December when I visited the North. As a matter of fact it's the only "real" infrastructure Nigeria has. The rigasa road leading to the airport was tarred (start to finish o, while the Abuja runway was undergoing reconstruction) I learnt in less than 4 weeks while the one leading to town hasn't been tarred in over 3 years because of course the poor may die. I'm sure that's the state government at work.

Not to take away anything, the train station in Idu is world class unlike the bus stop here in Lagos. A train station that has elevator right to the coaches of the train. Trust me except for "speed" that rail trip is 100% better than flying by Air (I can stand on my claim). Although you only get the best services at Idu and Rigasa other stations are already corruption ridden with ticket hoarding and round tripping by staff.

The infrastructure actually gave me hope that Nigeria can be great when we have serious people in charge. The whole damn thing didn't cost $2b and I wonder why we can't be constructing such every 6 months rather baba is saving up and down when Almighty America doesn't even have up to $200B in savings but has an economy worth $19T.

Quoting Bill Gates "Dangote told me he didn't become reach by selling what he doesn't have"

Nigeria can't get anywhere until we forget politics and think of the welfare of the citizenry.

dvee2:
They try to be smart but are exhibiting their foolishness. This administration have said from onset that they will focus on abandoned projects.
Nigeria is not short of wonderful ideas, what is lacking is the will to deliver these projects due to corruption,over bloated budget and the rest.
Majority of project initiated but abandoned needs to be completed before embarking on further elephant project.
Most of the project were reassessed and renegotiated by this government and in some cases additional expansion done to the project.
Government is a continum and I will prefer a government that will continue a good project initiated by predecessors than one that would just start an elephant project
Of what use is initiating a project if you don't have the will to execute it? The important thing is projects are being executed.
1: The npower project was initiated and completed by Buhari
2: The one meal per day school feeding project was initiated and implemented by Buhari
3: The Nigerian Air force 24 additional fighter jets was initiated and delivered
4: Buhari with the cooperation of the king of Morocco started and delivered about 10 fertilizer companies across the country
5:A new Power plant was recently commissioned in akwa ibom

Totally false. Are you paid to do all this? I'll tell you for a fact the school feeding as been on here in Osun state for more than a decade. Go back to your history books. It was initiated since the days of Yar'adua. Agreed very few states keyed into it. APC truthfully increased the number of participating states but still not 100% till now. Do you know why? Because during the campaigns they never mentioned they would be needing counterpart funding from states. All they did was repackage and make a hell of noise about it.

During the campaign they never said Npower would only last 2 years. They made it look like a permanent job. Check your history books for that too. Imagine having a job and after 2 years you're out of job again. That's very bad strategy.

The Nigerian air force or army never went a year without buying equipment, agreed majority of the funds may be diverted. Remember just last month in our corruption index, Transparency international accused our military of corruption.

On the ferterlizer thing truly a great move but remember we've never had shortage of ferterlizer except now prices are down and yes kudos to government for that. But ferterlizer is down and everything else is high,fuel to transport goods and parts for farm machinery and other chemicals are more expensive due to fall of the naira.

So that power plant was built by FG abi? Your case is beyond redemption.

adanny01:
I respect Buhari for one thing. He has completed alot of abandoned projects, instead of starting new ones like PDP would have. I respect him for choosing continuity instead of abandonment.

Namely? The 98% completed rail from Abuja - Kaduna abi? Your case is different walahi.

pol23:
Dapchi scam...fully completed.
Yusuf bike ....replaced


Pay bring the SUV. Ooo

Sorry Leah is still missing...

Sorry...here is the update.

Although this was 2 years ago. The Almighty America instead of keeping money with the government would rather have it spread to the citizenry for optimum usage. Nigerian leaders develop us instead of saving and making a mountain out of it. Human development is the only way. Anything else na wash!

As much as I have issues with Jonathan and his government, the excuses people are raising to justify what is happening under PMB is wrong. World over government provides subsidies for citizens. Till date the American government is still subsidizing food by buying from farmers high and selling cheap, Chinese government is giving farmers negative loans i.e. borrow #100 and pay back #98. So, that government was subsidising is not stupid management rather saving only and not investing in human capital is the worst economic plan you can imagine. We now have $45b is reserve as claimed yet Naira is not improving. After claiming to spend over 500B alone in 2017 budget on capital projects it's clearly not evident but GEJ that VP claimed spent 90B on capital projects still fixed Benin-Ore road section, Abuja airport road, Kubwa express in Abuja, 10million MT of grains reserved and new silos built.

Nigerians enough of this deceit. APC is taking us for a fool no excuses. They either show us where they are keeping our billions or go to hell.

You call these stupidity dividends of democracy? SUV for economically useless "Kings". I bet one SUV will buy 15 of those Keke. Why not set up a soap factory in each of their domains and see revenue coming in everyday?.

deomelllo:
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Instead of spewing the same boring ipob nonsense, show us where the Presidency claimed they received award from the King Center?


This is an easy task so, make yourself useful.

You're not serious at all. Lauretta your hero specifically mentioned the Kings family in her post, claiming they were present at the award presentation. Are you now saying Lauretta doesn't speak for the presidency again?

Mind you in its rebuttal the King center said neither the center nor children are aware of such awards. Learn to support using your head. Agreed no one is perfect but you shouldn't always support everything just because you're too afraid your Lords have just been scammed!

humilitypays:
Seriously Nigeria is headed to total doom and destruction! The open injustice, tribalism, wickedness, one-sided judgment and heartless nepotism of the Yorubas and Hausa-Fulani is the major reason Nigeria will never progress till eternity.

God is not man, you can fool man but you cannot fool or deceive God or nature.

IBB, Abacha, Abdulsalami, OBJ, Buhari looted Nigeria dry and shared Nigeria's crude oil blocs to their girlfriends, family members and loyal friends but just ordinary 5 years, Yorubas and Hausa-Fulani said Goodluck destroyed Nigeria and they keep attacking him at every slightest opportunity they get, in fact to them, Goodluck was the reason Nigeria fought civil war, and the reason Nigeria is undeveloped and corrupt after 50something years of independence, but God of the powerless watching over the affairs of humans looked at their wicked gathering and put total disorganisation and allowed economic and security failure to befall this Buhari/APC government as a way of warning them but yet they have refused to listen.

God will shock them in the most deadliest way if they do not repent, only time will tell.

Yorubas, continue your unjust judgment and maltreatment of other tribes okay Just a matter of time...1966 happened, humans forgot but God and nature never forgets, continue

Why would you judge a whole tribe because of a few on NL, the fact here is most Yoruba's are no longer with this APC, trust me we Yoruba's never follow same group forever, check out our governors I can authoritatively tell you Lagos has remained Tinubu's hold till today because Igbo's have always supported his moves until last elections. Pls reason with your head not heart.

Sometimes earlier in the year Mr Tinubu was almost leaving in the villa following the president everywhere and doing everything together. Lately that has changed again. I hope all ruling class continue to disagree genuinely so it can be an advantage to the masses.

I'm buying iTunes and Amazon gift cards at 300/$. Send me a private message to deal.