₦airaland Forum

Oga stop saying rubbish, make ur research. What USA used to sell one dollar in 1960 Is sold dsame one dollar today. It is only in Nigeria that we have economy crisis, that is why everyone is leaving Nigeria. You are the problem of this country because u always support corrupt and failure people as leaders

Richtaiwo:
Well, not by any chance supporting the current situation of the country, but this comparison no follow at all. If you go backward to let's say 1980, the cost of a bag of cement may even be less than N20. Minimum wage now is 30k, which is being reviewed. What was the average earnings in 1992? Even in the US, where you all take as model, prices of commodities in the nineties are not the same today. Global inflation is the word. As I said, I'm not by any chance supporting the current harsh situation in Nigeria but that comparison is off track.

Professor Itse Sagay said that we are in a competent hands. Professor itse Tinubu and his teams are corrupt, they are incompetent.

This is what Mr. Peter Obi has been pointing out since, but they said na statistics we go chop. The current president is dull, old and corrupt, him and his teams has no solution to our problems.

malali:
[b]The Past Nigerian administration lack revenue generating ideas, they have been running the pocket money economy system. Instead of taking revenue generated from the oil boom since late 70's till date. They have just looted the money and used the rest to subsidize lifestyle of Nigerians (fuel subsidy). Now they can barely afford the subsidy and also pay salaries, pension and also politicians. So they are transferring the subsidy to the common man, this will free up cash for them to loot, and run the government. Eventually even without paying subsidy there still wont be enough cash to run the government (We are already in this stage, thats why they keep borrowing money up and down, which devalues our currency). See some countries that have also used the same oil to prosper their nation as a whole.
Norway: Norway has built a sovereign wealth fund, known as the Government Pension Fund Global, which invests proceeds from oil and gas production. The fund is one of the largest in the world and has investments in various sectors globally, providing a stable source of income for the country.

United Arab Emirates (UAE): The UAE, particularly Dubai and Abu Dhabi, has diversified its economy beyond oil by investing heavily in sectors such as tourism, real estate, finance, and technology. Dubai, in particular, has become a global hub for trade, finance, and tourism.

Qatar: Qatar has leveraged its natural gas reserves to become one of the world's leading exporters of liquefied natural gas (LNG). Additionally, Qatar has invested in various sectors, including finance, real estate, and sports, to diversify its economy.

Singapore: Although Singapore does not produce oil itself, it has established itself as a major trading and refining hub for oil and petroleum products in the Asia-Pacific region. Singapore has also diversified its economy into sectors such as finance, shipping, biotechnology, and tourism.

Malaysia: Malaysia has developed a diverse economy, with thriving manufacturing, services, and tourism sectors alongside its oil and gas industry. The country has also invested in infrastructure projects and technology to support economic growth.

Netherlands: The Netherlands, home to one of Europe's largest natural gas reserves, has invested oil and gas revenues into developing a highly advanced economy with strong industries in agriculture, manufacturing, trade, and services.

These countries serve as examples of how strategic planning, prudent investment, and diversification efforts can help mitigate the economic risks associated with dependence on oil revenues. By investing in other sectors and fostering innovation, these nations have been able to thrive beyond their oil wealth.[/b]

Fool, God will deal with all the enemy of Nigeria

Coolsperm:
We Yoruba Muslims are at peace with the fulanis, forget about this propaganda by ipob

Things are not getting funny anymore, Nigeria is the only country in d world having economy challenges, insecurities, naira failing. Other countries are moving forward but Nigeria is backward since 2015 till now. Before 8 years go finish people go die ooo, 8 years no be here oooo. It is getting worse everyday

Artscollection:
What they don't know is that this madness will run for the next 8yrs, emilikon must complete his mandate ooo!!!

This is the time for us to come together as one, the only thing that will solve Nigeria problem is unity. Everyone should forget about tribe, ethnicity. Let us come as one to fight this bad leadership, we should speak in one voice. All the youth in all the six geopolitical zone should come together as one to fight this bad leadership

Reno is a stupid man, Nigerias use mtn and Airtel during d time of Obj, Musa, Jonathan and dollar was stable. That stupid Reno need mental check on his brain

Validated:
Reno say you should stop using MTN and Airtel.
Dumb eh

My brother u said it all, all the tribe in Nigeria should forget about their ethnicity difference and together with one voice and in one unity so that we will collect power from this wicked men at d realm of power. My brothers and sisters this is the time we demand good governance from our leaders , we should forget about this ethnicity war and come together as one. If we come together as one, we shall win ds war of bad leadership

Calitoscassius:
The only thing you bloody cowards Nairalanders are good at is tribal abuse amongst yourselves, You goons are not brave and clever enough to querry or hold your corrupt politicians to account and DEMAND good governance, that is what they are getting paid to do, good governance that would benefit every Naigerian regardless of their tribe or region. Rather you cowards are here insulting and attacking yourselves while your politicians are laughing at you and stuffing their pockets with loots.

How long will you goons carry on with this nonsense?

Unity is the foundation of survival and liberation

Please tell me what good thing has ur president done to the country, naira is failing everyday, the prices of everything has gone up , there is big hike in school fees, the prices of drugs has gone up for dose dat are sick, corruption in every sector, insecurities everywhere. Your president has put Nigerias into poverty within the period of some months. Call a spade a spade,

Chiefoh2:
Attend to real issue. He didn’t said so different from he said it. Don’t dance and clapping with fake news.

The current president of Nigeria has nothing to offer to this country and some stupid people are still hailing him. A Powerful revolution by we the youth is the solution to Nigeria problem. All these old men are talking us for a ride

U don't know this man call obi, wen he was the governor of Anambra State. Obi cut all d unnecessary expenses been made in state government, while leaving office obi left 75 billion naira. No former governor have done it before , obi is not getting his pension as a former governor, obi was a big business man before he enter into politics. Obi is clean,

Teenaira:
This Obi you are campaigning for. If he becomes the president, I am very sure he will steal more than what Tinubu could steal and he will not remember either you or me. He can only remember his friends and political allies. Stop supporting or defending them. They are all one and the same.

That is y I hate sum of u , he is telling u what is happening in the country and u are blaming him.

BigBlackPreek:
Weren't you part of the system you deemed rot? And you can't even boast of any tangible development you brought to your constituency, ward or even your family house coupled with the jobless ones hovering around your envoy, nonsense

You saying as if u don't know wat is happening, they will not allow u to use fone in d first place, they will collect ur fone first immediately they kidnap u. quote author=quadraheem post=128059682]In Situations like this, since you have the access to your phone and internet, the first thing is to send live location on your phone which can help the rescuers or security agencies to easily come to your aid.[/quote]

They will not do it, they want only Lagos to be collecting the revenue generated from the sea Port.

BadBradley:
Decongesting the entire ports in Lagos is also good for the nation. We want to see ports in the South South in full operation too. Just like we have international airports now

This is good, but to clear one container there is #13,500000 which is very bad. Nigeria government are collecting big revenue from many business men in that sea Port, what are government doing with the revenue collected from the sea Port. Uk government have percentage from the revenue collected there. Bad people everywhere

Production is the key to Nigeria problem, China is a poor and a corrupt country before, Nigeria is bigger than China before. Along the line the citizens get tired and elected a competent man, the man kill corruption in China, if u are caught in corruption cases u will hang to death. The same man took China from consumption to production nation, China now is the most powerful and rich country in the whole world now just because of a good leaders they choose. The man is still their president till now, Nigerians this is the time we need to act like China people, Nigerians doesn't suppose to be poor because we have big natural resources that Americans, Asian, Europe countries doesn't have. We lack good leaders and majority of the citizens are the cause of it, we elect bad leaders. And I still maintain that Productions is the key
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Production is the key to Nigeria problem, China is a poor and a corrupt country before, Nigeria is bigger than China before. Along the line the citizens get tired and elected a competent man, the man kill corruption in China, if u are caught in corruption cases u will hang to death. The same man took China from consumption to production nation, China now is the most powerful and rich country in the whole world now just because of a good leaders they choose. The man is still their president till now, Nigerians this is the time we need to act like China people, Nigerians doesn't suppose to be poor because we have big natural resources that Americans, Asian, Europe countries doesn't have. We lack good leaders and majority of the citizens are the cause of it, we elect bad leaders. And I still maintain that Productions is the key

You have a point there, production in every aspects of our life is the key to our failing economy. The reason why we buy many products from China is because we don't produce anything that we use, not because of China currencies . China currencies to naira is high, so production is the key as u said early

Kukutenla:
That's one way to look at it.
It depends on how the handlers of the economy react to this news.
You can easily afford Chinese goods due to their low currency.
What we need to do is ramp up production of those goods in high demands thus gaining more forex from the sale. This will in turn help our currency and our farmers as well.
As for the local economy, an increase in production will also help crash the price of those goods.
So it's about how govt responds to this heads up. If they sit idly by instead of stepping up availability of farm inputs, then your fears might become reality

This is a bad news my friend, if they change their currencies to naira they will buy so much products of ours with little amount of their currencies . The reason why they came to buy our products is because our naira is so weak.

aspabay:
Illiterates all over this thread. I don’t blame you I blame the reporters who made it look like bad news. You have more people buying from you and you call it bad news.

That’s forex flowing in guys.

You say food is expensive, foreigners are rushing to buy, isn’t that a marvel.

God bless Tinubu.

I don't know why some people are so draft, see this is bad. The prices of this products are too high for the citizens of Nigeria to buy, which made other countries with high currencies to change their currencies to naira that had no value. They made much gain from the business while we loss, so it is a big win for them and a big loss for us.

Kukutenla:
Toh
It's good news and should be encouraged
Our farmers should also be encouraged and supported to produce more
Larger market is never a bad thing

I don't know how you guys think. Trying hard to defend a government that is not working. Guy fear God, people are really suffering and going through hell because of corruption and fail leadership. The reason why uk economy
is little bit down is because of alot of Nigerians are japing to uk. Uk has many immigrants in their place.

CoronaVirusPro:
Bunkum and balderdash!

The financial times UK should also tell us about the hardship being faced by UK citizens! Oh! They feel we don't know that inflation is biting harder than never before, and a housing crisis fvckin their country from the butthole?

Anyways, His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) is aware about the statistics and making frantic efforts to steer the economy on a growth path. Nigerians do not need a foreign entity battling with its own problems, to notify us.

I don't know how you guys think. Trying hard to defend a government that is not working. Guy fear God, people are really suffering and going through hell because of corruption and fail leadership. The reason why uk economy
is little bit down is because of alot of Nigerians are japing to uk. Uk has many immigrants in their place.

Bigkoko:
FT should shut the fuvck up! Millions of household in UK can no longer put on their fridge due to high cost of electricity and dwindling fortunes. Asiwaju might not be a fit, but the UK is worse off!

After all, how many UK citizens can buy plane tickets? mchewwwwww

Between, the only regions feeling the hardship more than others is that side that has equal mix of christians, traditional & moslems adherents, thus causing some bit of religious confusion!

Na them stand for Asiwaju manhood. Na them complain pass. Elders, women, teens & agberos!

People are killing human being, doing all kinds of evil stuff for Money purposes. Human
being Rituals is at increase. The Governor know what he is saying, it should be stop now or it will be bad in time to come

Mynd44:
A sitting governor being an open religious bigot is a problem.

But a lot of us won't see the problem because it isn't against Islam or Christianity.

This type of government comment will promote shrine burning and other harassment of Traditional worshippers.

It should be condemned totally

We need to move forward in this country, we are craving for a better Nigeria but some set of people who are benefiting from Nigeria don't want the betterment of the country. This is the reason why we are backward. This is also the reason why army are taking over some countries, we can not continue like this, we need to stand up, this people are very wicked. Will Haven fall if
this people make this country work for the common man on the street and everyone

U like the the backwardness of Africa, unemployment everywhere. Ones have to travel outside the country for Greener pastures, thives are in the affairs of the country. Be supporting bad things, Africa will not be developed when all this thives are in power.

Fugazy2023:
That is the danger of not invading Niger republic.
PRESIDENT TINUBU shouldn't have listened to the foolish noise makers that have no vision and sense. Useless bastard of a tribe I'm sharing a country with.

Then what about apc that fills in Muslims Muslims ticket in a muti religion Nation called Nigeria and nobody talk about it. We should stop deceiving ourselves.

Putindbutt:
I have no pity. Obi visited Northern Emirs to beg for their votes during the day but in the night he was scheming a religious war against them. The typical character of a snake.

Guy people like you are d reason why Nigeria is bad today. Nigerian is a multi religion Nation but Apc brought Muslims Muslims ticket. Federal government brought sharia law into supreme Court. All the federal government agencies are headed by Northern Muslim in this muti religion Nation called Nigeria. Nobody is talking this

burp18:
The problem with you people is you never know when to stop defending what's wrong.

Our leaders behave like animals

ChukwuObe:
Many of you are fake Christians but ordinary church goers. Can you point to anywhere in the Bible where Elijah or Elisha called any human beings apes like this useless pastor

So the man God is fake because he condemned our leaders because they are not doing well. Nigerian is rich in money and in natural resources. What is the good things have our leaders done to us, either brought poverty, hardship, unemployment, killings, corruptions. What have our leaders done to u since u are born, our leaders have failed us and the man of speaking the truth

ChukwuObe:
I really dont like to attack any man of God even when they are fake. This useless man has never preached gospel since the presidential election in his church. He is busy every sunday talking about election as if that is fake God called him for. A useless man calling human beings that God created "apes". And many fools are still attending his church. What a shame!