₦airaland Forum

IbeOkehie:
OK, so what is the solution to combat inflation? The man quoted is talking about costs. How to tackle those costs is the question. Any ideas?

Good Luck to Nigeria.

Cost effect wont go away with interest rate hike.

It is better production inputs are subsidized as well as increase production to swell supply against demand. The last will likely lead to export.

nairalanda1:
Petrol must be sold at a profit meanwhile

is anyone selling at a loss. In fact it is the NNPCL thats insisting on subsidy now and not Nigerians. Nigerians are only after the cheapest possible petrol and not loss. It is NNPCL thats after loss.

nairalanda1:
That shows that domestic crude production isn't enough to meet refining needs.

Simple

Maybe he want tohighlight lack of local patronage. Lol

Yes. Give them dollar.

OboOlora:
It was planted by my friend and Russian agent, WriterNg

WriterrrNG actually.

nairalanda1:
And as predicted, more abuse.

Call back when you are more mature, then we can talk.

And yes, petrol must be sold at your filling station for N40 per liter.

why should i pay N40 when i can wave a broom under an umbrella and have petrol for free.

nairalanda1:
Ah well, I don't discuss with abusive people like you.

You have quoted me and abused me several times, so my advice to you is, enjoy your opinions.

Good morning, little one.

Even you know YOU have nothing else to say except to go mud slinging. Your theories have failed flatly and that quote i mentioned you alongside is another worded version of my arguments about using rates to fight inflation.

Botragelad:
Every sane person is aware of Russia's involvement with terrorist groups. There are hundreds of images surfacing of Russian arms discovered in Hezbollah's arsenal. Thishas been going on before Russia invaded Ukraine so how do they justify their act

Isn't it funny that Russia provides weapons to groups seeking to harm Israel, yet objects when the West supplies Ukraine with defensive aid. Think about that. Remember it was Russia who invaded Ukraine at first, brought in North Korea fighters, sought help from Iran, China and the rest, now here they are sponsoring terrorist in the middle East and complaining about the removal of Ukraine's restriction to strike deep into Russia territory.

Am yisreal chai 🇮🇱!

Above all, they parade as the supreme tribe or ethnic group russia is built around and attack beyond where Rus are located when on the offensive.

Dont know but It looks small though.

VeryWickedBro:
The only history they can make is to install an Oba

The school is not owned by Ilorin people neither is it expected to be run by Ilorin people alone.
Go and play with your toys.

That thing looks like a giants phone with the human sized picture to illustrate anatomy. Probably in 3D.

Shadomaan7:
Good news ahead for Nigerians. The bad news peddlers have been rendered jobless

... may force ...
50-50 issue. In my opinion it is a 99-1 chanced to happen.

CBN’s monetary policies can’t solve inflationary pressures in Nigeria — Ajibola

Reacting, Ajibola said that monetary policies such as interest rate cost by the Central Bank of Nigeria cannot solve Nigeria’s inflationary pressures because they are cost-induced.

He stressed that CBN over the years has been tackling inflation with the wrong medicine.

“Monetary policies cannot solve inflationary problems in Nigeria. The Central Bank of Nigeria has been fighting a battle that it cannot defeat because the country’s inflation pressures are cost-induced.

“It is because of a rise in demand or an increase in money supply.

“The landing cost of imported items is increasing due to the current exchange rate. Locally, there are pressures from all cost edges. So unless this is tackled, the challenges in Nigeria’s inflation will remain,” he stated.

What i have been saying for ages. Will they listen and learn to make amends? I doubt.
A man is hungry and in lack yet CBN is counting on interest rate hike to dissuade such a fellow from spending his meagre income to stay afloat. It can never work.
Cc : Nairalanda1, omohayek, grandstar.

Trash.

“Fair and transparent management of public resources; A strong governance framework that fosters trust in government and in its ability to adequately implement policies—including by promoting transparency, increasing accountability, strengthening the rule of law, and controlling corruption—is a precondition for public backing of any reform strategy.

“Opinion surveys indicate that trust in the government’s ability to use public resources to promote the population’s well-being is still relatively low in many sub-Saharan African countries

Word for those with ears.

“Realizing this opportunity requires rethinking reform strategies, to build and maintain pro-growth coalitions among constituent leaders and the general public. This will require greater attention to communication and engagement strategies, reform design, compensatory measures, and rebuilding trust in public institutions”.

In principle they are saying be productive whichever reform you choose. Prioritize and incorporate productivity into your reforms. Dont just be spending on empty projects. White Elephant projects.

Actually, the dark music world takes on them turn by turn.

Every minister carefully crafting a script to attract funds. Insecurity can end in 24 hrs if they want it to.

They sold the roundabout(inner organs) and consumed the flesh like meat from regular market. Sort of like monetizing cannibalism for maximum profit.

Throwback:
Whose mandate was stolen?

Atiku's Mandate?
Obi's Mandate?
Kwankwaso's Mandate?
Sowore's Mandata?

You mean the data bundle with which he posts on SR

Blazebond:
The way you people hype this iweala shows how low thinking you really are,this woman is one of.your biggest problem in Africa and Nigeria but.younall don't know,I pray make una get sense sha.
And by the way,all of them standing there are clowns.

Akin Adesina excluded. He can never be a clown.

Iweala is a pretender.

Borrow borrow make me shine.

Tinubu cannot o.

America seem to be heading for a massive civil unrest. Lots of people see Trump as a radical and dont regard him so may want to resist and take advantage of any massive dissent against his policies.

Larryfest:
You have to be dishonest in your ways to making something tangible and put food on your table in this country right now.

So true. They have killed every incentive for production and good business environment. They are after praise singers who will smoothen their future election manoeuvres.

We are not blind and can all see it. Very soon, i will have the luxury of going from Lagos to Calabar via two major routes. I will be able to go up & come down on a flyover.
These should solve our toxic business environment issues. They will make production pick up. Help insecurity go away. Help ASUU stop demanding for better conditions. Change healthcare for good. Put amenities and utilities in place.

Tinubuonomics Indeed!!

What are they in the prisom for?

Get a life FreeStuff. Jihad no be work.

“We all know what happened under his watch and how, up till the present moment, there has been no explanation as to how he wasted a whopping $16 billion in generating megawatts of darkness across the nation. But that is not even the issue.

Total power allocation for eight ywars under OBj was less than $8 billion.

Instead of taking corrections and making most of criticism, they go mud slinging. They are hoping to rig their way through in 2027 and that very obvious.

Dare highlighted that during Obasanjo's leadership, no clarification was ever provided for the $16 billion spent on producing "megawatts of darkness" throughout the country.

Total allocation towards power under OBJ was less than $8 billion so how did $16B go missing for Gods sake.

Just put on pampers an damp it with insecticide.

Yes. Thats how to cut cost of governance and also maximize personal profitability of governance.

Use media content to enage the people and divert as much money to whatever swells your pocket.