₦airaland Forum

That's the result of allowing a govt that only knows how to tax you snatch power. It is cyber spaces they want to secure after leaving the physical spaces in undeniable mess.
0.5% to secure servers they don't control. Extremely foolish.

Hmmm... speechless.

The FG wants to borrow $500m to give 92 million households meters.

Asides the fact that $6.3 per meter sounds ridiculous, do we have up to 92 million houses needing meters or it is just another loan to cover fiscal cracks?

Remote job...lol.

I am sure the president can also moonlight by owning businesses and awarding contracts to them.

Pablo Escobar must have buried some blue plastic bags in that Uganda for them to be affording half their GDP worth as cars.

Nigerians and useless world first titles... did she see names and nationality of every other person?

That N2600 was equivalent of N650 under Jonathan.

Buy solar or wind.

A litre of fuel is around N1000 and Nepal is around N200 per kwhr.

The one that runs from enerhen toward warri is still intact decades after. They should go learn from tested and trusted contractors and not gandollar-esque ministers.

Adakintroy:
Cow just be standing there not know them don conclude plans for am.

same way Lagos-calabar was concluded before Buhari feigned ignorance of electoral abracadaba.

Strategic thing to do. That one third can yield you 35-45 kg.

Where Buhari stopped indeed.

helinues:
Cool

Make we see if the oppositions sabi pass Fitch, some of them might have not even heard the name before self

reality must be an opposition member also.

Afghanistan of North Central.

grandstar:
Explaining economics to you is like explaining sex to a toddler.

your policies is are returning 0/10 score.

rinzaugustine:
Tinubu and anybody that supported him including those that collected 30k to go online are all a curse to Nigeria as a country . My prayer is for the hardship to never reach to the point of massacre across the country of people who supported tinubu. I desperately pray operation wetie doesn’t happen again

all the violence you incited against them after GEJ lost 2015 could online result in crimes against them in Baylesa.

MMempire:
Who be this OP? Na same minimum wage we dey earn? Bia, be careful there!

your elites earn more than their elites and that's a good reason to price a luxurious service the other way round.

grandstar:
I have always preached a tight monetary policy. I have always advocated higher MPR so as to soak up excess funds in the system and bring down inflation.

You on the other, unknowingly has always been a keen supporter of an expansionary monetary policies. You want low interest rates which is expansionary as it encourages spending rather than save. The more you save, the less money in the system and vice-versa.

In addition you support that the fuel subsidy be retained. This will an extra 6tr the government either has to borrow with expensive bonds or use Ways and Means. The latter is very expansionary as it involves printing of money by the central bank to lend to the federal government.

Why not educate yourself? Donald Duke isn't an economist, so why be held spellbound by a few inaccuracies in his speech? It is people like him many Nigerians listen to and that is why they have a poor understanding of economics.

I prefer to listen to true Nigerian economists like Pat Utomi, Okomji-Iweala and Charles Soludo.

Your ideas have been implemented and turn out disastrous. Focus on that and stop trying to twist the narrative or meaning of my ideas. I don't support wuru-wuru expansionism. Your lame attempt at pinning expansionism on me is DOA because increased wage for workers puts less strain on the lending demand level, making increased MPR of lesser concern to borrowers, and arms workers with interest free money to fuel spending and thus inflation.
Secondly, my support for subsidy being retained was conditional. The govt and your likes preferred to accept corruption and move on with punitive measures for the masses. I opposed that and still oppose corruption laced policies.

Moving forward from your petty allegations, I think it is best the govt looks at the unproductive civil workforce and say to them, "we are just paying you, you are not generating anything commensurate with what we spend on you guys and that leaves us with fewer producers trying to cover the material needs of the populace. That's a strong cause of inflation, therefore we need to change approach.

The issue of naira strength is not one for chess like moves by oo e CBN governor. It is a issue of demand and supply. Policies should be made to reduce demand for foreign goods and increase supply of local ones. Foreign good demand is the number one legal cause of forex. Lack of local alternative is the number one reason for foreign good demand.

Wonderment.

Hmmm.

helinues:
Toh

Tah

fareed69:
You are still in pains.
Better move on with your life .
Another election is coming

ask you mother about pains and reverse election.

Wonderment. That's a 1000% rise over like three years.

Entertainment people.

They will not forget Chelsea too soon. It took Messi 12years and the exit of the Chelsea defensive legends to score against Chelsea. No JT, Lampard, or Essien or Drogba.

Don't despise a small beginning. That's how zeleensky started. Now he is Putin's nightmare.

The people who enthroned tinubu and sanwo-whatever under the supervision of Buhari's NPF.

[b]
You can put all the zeros behind the currency, but we’re deceiving ourselves because we’re living a lie. Recently, treasury bills were sold at about 22 percent in dollars. Where in the world will you get 22 percent under 12 months? So, they now turned around to say it was oversubscribed by 245 percent. Of course, It would be oversubscribed, but at the end of the day, can you pay back? What are you doing with the money that will generate 22 percent to enable you pay back in 12 months? He wondered.

“So, you could see a nation that is walking itself into a trap with eyes wild open. What are the policies that would generate growth? You are fighting inflation, it’s good to fight inflation, but which is more important? Inflation or growth? You can’t get a loan from the bank for less than 35 percent. That’s enemical to growth to start with. Then, you are micromanaging the exchange rate, yet you are not producing. If you are going to import everything as we do, and there are those very sexy economists that would say, let’s have marked forces. For you to have marked forces, there must be some equity.
[/b]

Where is omohayek and his co-travellers? The expansionary approach to lack that involves expanding volume of money in circulation has triggered inflation. Inflation has in turn triggered public wage increase - a reaction which is as good as a defeat to the expansionist move. I have said it and will repeat it, Tinubu has no history of boosting productivity or production level anywhere. His approach to boosting IGR is aggressive taxation of the prospering and the many hungry survivors around. He doesnt have what it takes to boost IGR through boosting GDP. His latest approach of adding zeros to digits to boost money level in the system doesn't amount to boosted GDP.

I like how Domald Duke exposed that by juxtaposing 80-90m people sharing $25b in 1983 to 200m people sharing $19b in 2024. It exposes the folly of the corn-team.

Nonsense. If anyone falls for this attempt to paint a picture despair and destitution, that's his or her fault.
Can N500 buy even a bullet?
That's two small bottles of coca cola.

shogsman:
Uncle wey mumu, the same Ukraine that has gotten weapons and Money from 40 different countries including USA

tell me Russia isnt getting help and I will know you are equally as shameless as your useless.