₦airaland Forum

Kaduna killings..?

In summary, overspeeding and reckless driving habits.

Biodun556:
Nigerians must think well before criticizing

Point 1 & 2 are off.

Lol

True but NLC should shut up.

jmoore:
You should have noticed 'again' at my comment.

I was being sarcastic. I said in my previous comments that those textbook economics they are copying and pasting will fail.
Petrol subsidy removal which led to high petrol price is one of the major drivers of inflation. I was wondering how high interest rate will make petrol cheaper. They should continue their trial and error voodoo economics.

Their voodoo charge and bail lawyer turned economists were copied by me for the above reason.
Interest rates increase in nigeria can not achieve, in same extent, the inflationary curbing effect it has in advanced and stronger economies.
Nigerian lenders lend to mostly civil servants who want to do one or two capital intensive projects. The loan system is tied to monthly allocation and workers salary here and not SMEs MSMEs or credit card system of lifestyle.

So apt.

Racoon:
“Economic activity has been contracting for eight consecutive months, mainly due to exchange rate pressures, rising input prices, security challenges, and other idiosyncratic headwinds. Of more concern is the rising inflationary trend despite sustained hikes in the monetary policy rate with forecasts of further price increases in the near term.

“Both food and core inflation rose in February 2024, underpinning acceleration in headline inflation to 31.70 per cent in February 2024 from 29.90 per cent in the previous month. This continued rise in inflation was mainly due to high production costs, lingering security challenges and exchange rate pressures........."

0/10 policy scorecard.
Production is non negotiable except we all want to be offering abstract services.

Of more concern is the rising inflationary trend despite sustained hikes in the monetary policy rate with forecasts of further price increases in the near term.

cc: omohayêk, nairalanda1, kukutente, grandstar

jmoore:
Increase interest rates again.

They already did and it isn't yielding the desired output. Read again but slowly and carefully.

Throwing in the towel?

This is what happens when criminals allow their "charge and bail" lawyer make sensitive policies. One is a minister and always ranting about debate-challenge with industry-tested minds.

Akwamkpuruamu:
But we should not talk of that. But when civil servants earn something decent, inflation comes in. Has inflation not being doubled, yet any salary increase?

I never stopped anyone from discussing that one.

Akwamkpuruamu:
But there will be no inflation when politicians earn like senators, the salary of a thousand civil servants in a year as total emoluments and constituency allowance abi?

lol. There always is.

Very dull argument.
More money without real goods backing it up always leads to inflation. These file-carriers and hiders think ecomomics works that way.
As farmer toils to get yam or cocoa yam, it is natural they adjust prices to balance out the money being shared out.

Lol. The evil art of cost inflation.

600k wage will send prices so high we will be dealing with hyperinflation in no time. Imagine a bottle of coke costing N6500, or a dollar going for N23,000.

The solution is to beat down prices with more production but because the workers are largely soft workers, bureaucratic people and idlers, they have little say in boosting production or helping the current Minimum Wage to start buying what it used to before. A shame.

onome2013:
Scamming innocent people of their HARD EARNED MONEY. GIVING SOME PEOPLE'S SHORT LIFE , DISGRACING OUR COUNTRY, & MAKING THE WORLD NOT TO TRUST ANY NIGERIAN AGAIN.
I was in a TilTok platform with some others whom are from Canada & USA, we were asked to introduce ourselves, as soon as I called my name and that I am from Nigeria, they blocked me not to participate in the discussion again. THAT WAS HOW I FINALLY EXITED MYSELF FROM TICTOK. WHAT A SHAME.
We need to change our ways, in other to redeem our good image, because we are the most intelligent being on earth.

half the names are delta names. Next time identify as citizen of heaven. Lol.

Lol...urhobo n itsekiri party with special appearances from the usual suspect(olaoyes and okoyes).

Propaganda granules is what I see. APC is terribly evil.

Lol. They all boasting about handouts from Abuja.

Rubbish

That's cos we don't add much value.

EnEnPeecee:
Working for his Tiv people alone. He just boycotted zone C the idoma speaking area and he called himself a priest. APC are useless

that now Nigerian politics is generally. The winner and loser must taste both sides of political tussle.

The generational effect of lying to their masses that it is we(north) versus them(south).
Also highlights the double standard Nigeria runs with.

Nolevel666:
This government is encouraging fraud
Tell me what their minimum wage can afford

what revenue is their activity yielding government?
Must just go to pick salary at month end.

Nonsense. What are they contributing to the system?
You better embrace the phantom 35% before it drops.

Dreaming.

Sin of the father are forgiven I guess.

MajorOvakporaye:
Whether it is raining, we stand with Israel,
Whether it is sunny, we stand with Israel,
Whether piss lovers are crying, we stand with Israel!!!
On the mandate of Israel we stand gidigba. No shaking!!! Who do anyhow must collect anyhow. Their papa!!!

Major has spoken!!!

Make I see any idiotic bastard wey go quote me to talk nonsense.

nonsense.

Empty reply. Just few months ago, there was not a dime for subsidy so where is fund for a redundant project suddenly coming from?
Palliative are being postponed but questionable projects are spring up.

Nigerians should rally against pressing public issues and not what a private company charges.

Print n pay idlers.

So much nothing.