₦airaland Forum

emiye:
If you asking this question , then i wonder why i am wasting time? so, when Nigeria removed fuel subsidy, it did not occur to you that is improved net revenue?

it is obvious enough but how much was saved? Can you point that out? To best of my knowledge what was saved has been wasted on roads and flyovers.

emiye:
still writing with little understanding, Tinubu is not just servicing debts that he borrowed, the question is not about moratorium of the debt , it is about servicing of the debt, which the government is doing. there is a reason why Nigeria paid completely IMF's debt, it is an example of debts acquired by the administration and paid off.

still trying to sound smart.
Then can anyone pinpoint where the funds for repayment are comiing from? You claim you are repaying debts taken without the projects the debt has been used for generating any sizable income. The logical route is taxation and agressive mobup of forex combination. Another is import substitution. None has been reported lately.

Instead of attacking like kerosene child, provide logical explanation for revenues and expenses.

He is not a bandit so should look for private sector scholarship.

emiye:
It did not occur to you that the country is servicing the debts. If you borrow from 10 sources and paying back, if the rate of paying back is faster than the new amount borrowed , the debt will obviously reduce.

most if not all debt under have deferred payment date. Meaning that they give a window to the debtor to put the money into use and start recouping capital. It ia that window and rebasing of GDP Tinubu is brutally exploiting.

It is magical that in the midst of borrowing debt to GDP ratio is decreasing. That simply means debt is decreasing comparatively to GDP. Hard to believe. The only explanation i can find for that is GDP rebasing. 2

zero8zero:
Okonjo Iweala, Sanusi Lamido, Femi Adeshina, Charles Soludo and other seasoned economists confirmed the fact that Nigeria's economy is stable. Not some ignorant election losers, especially "the finishing specialist" and his sore followers who had zero understanding on macro and micro economics.
We are steadily recording increase in non oil revenue, GDP growth at 4.2%, stock market highest ever gains, trade surplus, we moved from being an oil import nation to oil export nation, there's steady increase in oil production with OPEC quota benchmark, our debt to revenue reduced to below 50%, debt to GDP projected to reduce further to around 39%. Couple of months back, we paid fully our IMF debts. Our credit ratings have improved everywhere from a negative to a positive within two years. All of these are as a result of a carefully thought out policy reforms. These are clear signs of stability, however, we need to translate these gains down the ladder, to spread developments to the grassroots which is where everyone agreed. But first, without growth, without the gains above, there can't be development.
The issue of food inflation is the biggest elephant in the room and this is mostly a human made factor, Banditry that is bedevilling farmers from going to farms and mass producing is largely a man made factor, it has nothing to do with Govt policy. Buhari tried anchors borrowers to assist farmers but it ended up being a flog, local farmers became more greedy rather than solve the problem of hunger. The current administration has learnt not to follow same old failed route but to import some food to help crash food prices. The President has also approved the creation of forest guards in the meantime, but a state police would provide a lasting solution.
Again, this is a big indictment on the Southern region, if you could still depend on the north for food despite being plagued by banditry, it therefore means, the South is not only mentally lazy but productively lazy. St this crucial point, the south should be coming to the rescue, engage in large scale mechanized farming in all the 17 states and feed the region. The south is even supposed to transport food to the northerners to be able to eat while they're unable go to farms. Why can't the South return the favor?. Unfortunately, the lazy south still depending on trucks of foods coming down south from a plagued north on daily basis, what a shame. All your Governors are sitting on fat allocations doing nothing. The Governors are in charge of lands in their states but are paying no attention to farming. How many youth empowerment programs are they bringing to the people in each local government?, how many traders empowerment in each local government?.

Bring N1 trillion to the south to support agriculture too. I have always advocated that ministry of agric have 6 regional ministers. Six regions for each.

Garden of Eden mode.

budaatum:
Nobel prizes that they gave mostly to people on their own side of the world or what?

Or do you think they'd give a Nobel to an Iranian who comes up with an invention or advancement today?

Would you claim Africans, who have won very few Nobels, have not come up with any invention that advanced the human race?

And for a herring. Please explain the advancement or invention our own Nobel laureates came up with. I'm intrigued.

Body of knowledgecan be advanced. Phenomenon can be explained.

budaatum:
I'm certain you feel they are not Muslims therefore, but if you are interested, here's a list of some inventions that came out the Muslim world.

And it's not their fault there were no Nobels for any of them.

Invention and advancements are two very different things. Invention can account for 1% of progress made in a thing or field and advancement 99%. The noble prizes are largely advancements. Coffee for example was invented by an accidental encounter and thats down to geography of God's creation and formation process. The plant qas growing innocently, goats grazed it randomly, misbehaved, and that prompted someone to ask basic questions about what the goats were always grazing just about when they always misbehaved.
Same coffee has since been advanced by another set of folks to the point the discovery is almost, if not, useless.

If it was only invention that counts, the lecturers in universities wont be looking for advancement in the body of knowledge the way they do. Only invention of something new will count to them.

Your list is laughable at best. What about polytechnics and crafts schools, who invented those? 99% of what is thought in those universities, who advanced those?

It is like saying a certain village X invented road syatem but dont have roads. A road is just a path connecting two desirable locations. Was it asphalt or concrete or bamboo or stone or clay or reinforced sand roads they invented?

Your lisst is even vague.

donmixc:
ritualism and skull mining is rooted deeply in southern nigeria. cannibalism is the worst there

see you. What almajiri? Answer me na na na

Lol. I like the emotional generalisation here. It mirror the other gender.

The money they were suppose to give our mago mago out of school children so the leaders can flex.

They are not honest. They love that he is implementing the harsh policies and need to support him.

press9jatv:
Sincerely this food here will be delicious. Wow Koreans are enjoying oooo. Na Igbo people loves to eat this kind of delicious meal very well. Na Amala meal Yoruba people loves most.

Tribalism kills.

For every one of his type from Palestine, a hundred from across the barb wire.

May our territory not consume us. He must have been guarding his sweetie territory with all his might thinking this is the territory the constitution mandates them to protect the integrity.

Racoon:
Meanwhile, the most cherished well read region is the same one that has sadly given the nation the most criminally minded band of humanity ever seen.

From the Oluwole certificate forgers, skull miners, drug runners, clergies/traditional rulers being convicted for criminality and not strange, the largest swathes of anti-social elements ever seen a region of a country in history. So sad! Too bad!

That is a function of the chaotic political landscape we have and not a Representation of any region. In fact, it is shallow to think by accusing the whole region you can have them abandon any candidate genuinely or prevent any candidate from hijacking votes.

Waste is a major issue. Corruption also.

He forgot about religious exercises.

Even two best of friends, if they do business without a guiding standard they will have issues either over decisions or task sharing or money or outputs. Marriage is o different.

Akpabio and sarcastic criticism.

Paid agent errywhere.

Lol.

Proudlyngwa:
As it is supposed to be

Government has no business doing business

DEEPLY SILLY LIE.

Especially APC warriors.

Far cheaper than the ones from govt affiliated sources.

Motivation to doo goood.

more characters needed

Lawalemi:
Interesting. I was in Ekiti over the weekend for the first time ever and i was ignorantly asking for their airport. I don't want to do the Lagos - Ado Ekiti by road trip ever again.

What a positive coincidence and answered prayer for me.

May we not travel as Cargo AKA deedi boodi. Amennn.

What cargo are they planning to export? Ekiti merchandise or cocoa?

Tiv Igbo Ijaw.

Still grabbing land and mKing dissidents fall from high risers to death.