₦airaland Forum

All these fanciful idea will be implemented with which funds?
I wish them speedy accomplishment.

strenghtt:
Very soon they will tell the world that 90% Nigerians are rich because they can afford to eat once a day. Nonsense!!!! These people have completely ran out of idea to fix this country. Citizens you are on your own !!!

No solution leaders is what we have in Africa. What they know is politicking. They play politics even after getting power and that's why the system is always regressing.

Where is that $3Bn they took as loan?

Consumption giant and production midget.

Go and work!

Sharpsharp00123:
we love it like that so far u igbos don’t come close

lol.


Renewed hope escapee.

adekolaelect:
this one still smoulgle his ethnicity bamboo rich here .

sorry I didn't realize we run multiple constitutions. I apologize ehn.....animal.

Jeezuzpick:
I agree with the bolded.

It's not a crime. It's madness.

It's not a crime to be mad, but mad people get locked up too.

even devil the satan have loyalists and god doesn't take them out instantly. There is a room for life or death so stop trying to equate voting APC as rigging them in.

Sharpsharp00123:
u igbos can wail to death just know for sure no presidency or Biafra for u

After u kill your self tire Shebi una don rest now, if u like wipe away your fellow akpu munching gorillas on earth no presidency or Biafra for u

That’s your punishment for being unreasonable

Go and finish your akpu plus blood tonic combo you surviving on. Bloody renewed hope survivor. The country is fast becoming a renewed hope IDP camp. Lol.

neoclassical:
Round pegs in a round hole.

1. Gov. Dave Umahi - Works

2. Gov. Nyesom Wike - FCT

3. Wale Edun - Finance and coordinating
Minister of the Economy.

You can add yours.

Nigeria is finished. See thread idea at a time economy is in severe chaos.

Sharpsharp00123:
chinedu

Born to wail

You sold your soul to politicians and i am not surprised anyone who doesn't praise your cataclysmic masters is chinedua and from Anambra and Abia at the same time.

The Naira the is now very strong. Hallelujah!!!!

skj1377:
They should provide special Forex rates for manufacturing and industry

That's the sensible thinggo do and what emefiele tried to do by giving Dangote the required forex to complete his refinery. Had the refinery been completed and producing, we won't need forex to import petrol today. That alone can send the Naira high to N500/$ in my own rough estimate.

That's why there had to be an officially acknowledged black market and I&E window under the competent CBN gov.

By collapsing the rates into one. The godfather for from Lagos is saying in principle, wine importion is equally as important as machinery importation. A very daft economic sense.

Racoon:
And the bastards irredeemable pathological liars in the APC were rolling out fake unemployment statistics just yesterday? E no go better for whosoever have a hand in enthroning this disaster some more upon this nation

Oga this your curse is not the best o. Voting APC is not a crime, rigging them in is.

No one needs more hands to do less work.

Buying power has eroded and it is natural demand drops, so don't blame people who suddenly find themselves doing less work and thus needing fewer hands.

If there is anytime the rent seeking demons in Nigeria should be condemned to hard labour under supervision(imprisonment) to boost production, it is now.

That's like bandits saying they will help bring economic recovery to fruition when in fact they are the ones impeding economic recovery and prosperity.
We urgently need an intervening force in this country.

nairalanda1:
Better stop arguing with Nigerians. They want cheap fuel by hook or by crook. Anyone telling them other wise is a oppressor, a Tinubu supporter, a brainwashed person.

other countries are getting it cheap why not a third world country where leaders are known for brazen corruption and more than guaranteed to steal the funds anyway?

For you to quickly accept the narrative of wanting go use the funds for purpose the govt has never excelled in, means you are part of the corrupt clique up there. Same set of people who believe the govt are same people saying govt shouldn't own businesses or run businesses.

The world over, govt own and run businesses and at minimum, hold sizable stake in strategic businesses, but our brazenly corrupt leaders (you inclusive) want govt to hands off all businesses so you guys can own them before exiting power.

grandstar:
So what if Nigeria is an oil rich nation, does that mean it must subsidize refined oil products? Cameroon next door does not. Brazil does not. But most importantly, the money to subsidize it, 2.2% of GDP is simply no longer available. At least half of the country's national debt was incurred because of this fuel subsidy. It's ridiculous

Are you saying Tinubu and co are enjoying subsidy? I doubt they enjoy subsidy. What they enjoy may be more than a subsidy which is free petrol for transport. Even the American president does not pay for his movement. They are all perks of office.

Yes, it's unfair they are paying themselves money for recess. The matter arising is "how much is involved?"

Let me be super generous and say 10bn the senators award themselves but that is peanuts to the $10b (7.5tr) that the fuel subsidy will consume. It's the difference between being hit by a toddler on a skateboard and a high-speed train. There's no contest.

One function of the government is certainly not to load more debt on the heads of its citizens and see life depreciate in other ways.

Or do you want to return to Buharis days? He gave you fuel subsidy but the nation's debt quadrupled under his watch. The Naira lost three quarters of its value. The economy has been stuck in a comatose state for 8years now!

There are better ways to help the citizenry without destroying the economy or the government purse.

be lying small small bros.

Corruption secured us debt and not subsidy.

When will massive illegal and legal goldmines be shown on media?

For God so love the world that he gave his only begotten son....


Only God knows what some women give when in agape love.

Local bullet N100
Riffle - free
Victim - ABOKI
Crime scene - road side
Suspect - EnemyofPiss


We understand you. You try no be small.

ambale:
So na the monitoring makes our currency weak?

Agba economist, you go explain tire😃

Dont mind that APC agent.
There is a reason people prefer importation than trying to produce locally.
Farmer are kidnapped and extrorted. Industrialist too. SMEs too and public servants too, so who want to attract kidnappers when there is no security. It is better to hold you portable dollar, import with it and make some profit.

DeLaRue:
Nigeria earned so much money from crude oil during his regime (the highest to date) , if he had managed it well we would not be where we are today.

The money was mostly stolen under his watch. We are still reading about Deziani's loot today.

Any suggestion that Mr Jonathan was a competent leader is laughable.

Mr Buhari came and overborrowed, and over subsidised the economy to the point of near bankruptcy. To think that Nigeria 's net foreign reserve is only around $3 billion after over 50 years of crude oil sales is shocking.

Against that shocking backdrop, the current government doesn't even have the resources to defend the naira.

Naira could fall a lot further.

After 8 years, GEJ is still your own focus. Irredeemable you are.

If APC had diversified will you Ned to compare oil earning under GEJ vs APC? APC only diversified terrorism and hardship.

alizma:
Ethiopia has more christians than Muslims, the number of Christians almost doubles that of Muslim.

get lost.

Lol. FG giving loans to state is like a father giving advance pocket-money loan to a jobless child who depends wholly on the father for money. Just dash them what you can afford instead of taxing the people to fund corrupt gov.

proeast:
It has become a buyer's market!
Cut throat competition amidst dwindling global demand is pushing refiners into such desperation yet Dangote is still projecting to complete his world's largest refinery by 2025 I hope by that time he won't be offering them "buy one tanker and get two tankers free"

Greed has made him not to be reasonable anymore. Someone that should have built a much smaller refinery and complete it three years ago!

I pity Nigerians that are hoping on Dangote refinery to make fuel cheaper. This man will definitely sell even higher than the global rates so he can cut down on his overhead costs and also recover his invested funds/loans ASAP

SMH.

Dangote hater spotted.

He did what your govt refused to do in 50 years. Be happy a nigeriannis doing it and not some white man that will invest $5Bn and make $400m a month of profit for 40 years off the economy.

Ethiopia of all people. That brics is fast becoming a converging ground for anti-British empire and islamists.

Racoon:
Security agencies being paid by taxpayers monies have become the law and crime. When another #EndSARS start again, they will say Igbos wants to destroy Lagos and Nigeria.

...forgetting the east and SS is the capital of uniform men brutality in Nigeria.

Were are those castigating me for taunting sanwo-killers?
They paid killers of the youth to suppress the voices of those protesting killer police.

Later, killer police teamed up with killer agberos to install a killer sponsoring governor. Today, the army are joining the killing spree too.

The LIB version of the news :

12 suspected internet fraudsters have been arrested for allegedly burying a newborn baby alive at Andoni waterfront in Eagle Island, Port Harcourt, Rivers State.



The Port Harcourt Local Government Authority Area Security Watch and Rivers State Neighbourhood Watch in conjunction with policemen arrested the suspects on Wednesday morning, August 23, 2023.



The arrest followed credible information received by the vigilante from residents who saw a group of boys conducting incantation and digging the ground by the waterfront.



Chairman of PLGA Security Watch who doubles as Chief Security Officer of Eagle Island, Victor Ohaji, disclosed the incident to newsmen.



He said on getting the information, he alerted the Azikiwe Police Division in Diobi, Port Harcourt and the officials of the state neighborhood Agency.



“Thereafter, I immediately mobilised my men, but on getting to the spot where we were told the suspects were by the waterfront, the ‘yahoo’ boys’ had left,” he said.



Ohaji, however, said on closer observation, it was discovered that the suspected ‘yahoo’ boys’ buried something at the waterfront.



The CSO of Eagle Island said he directed his men to dig the ground, where they found the lifeless body of a newborn baby boy and was exhumed.



He said his men, the police and neighbourhood men then went to the area in search of the suspects, who they eventually sighted coming out of a hotel.



"When we dug the place, we saw a newborn baby, a bouncing baby boy. Very fine boy that they buried. Immediately I called the Situation Officer of Eagle Island and informed him of our discovery so that he could relate it to the Divisional Police Officer he is working with



"Immediately, the police and neighbourhood watchmen joined us. So we started going around Eagle Island to see if we could find the suspects.



"We even moved from one hotel to another in the area, and lo and behold, we saw them coming out from a hotel. And as soon as we highlighted from the car, they (suspects) started running.



“So, we chased after them and apprehended them. There were twelve of them. So we took them to the police station and the baby.”



"While we were there, the leader of this yahoo boys was shouting, ranting that his father is a Major General and that nothing will happen.



"He said even if they bury full human being, nothing will happen. The boy went on ranting that his father was coming. So we handed them to the police.”



Ohaji called on the Rivers State Government to assist the outfit with vehicles and logistics to improve on the good work they are doing.



“All we want is for the state to be peaceful. So the government should please assist us, ” he added.



Spokesperson of the state Police Command, Grace Iringe-Koko, who confirmed the incident, said an investigation is ongoing.



“Yes, we can confirm the incident. They were arrested by the police with the help of vigilantes. The matter has been transferred to the State Criminal Investigation and Intelligence Department for proper investigation.”

What ?

Give some blackmen trade unions and they will fix prices instead of advancing services they render. Heard flight from Cotonou to Paris is way cheaper than from Lagos to London. Now what makes ours so expensive?

Hmmm... Celebrating raw material when we can't refine crude after 50 years

Okay.