₦airaland Forum

lucianohase:
This will result in another big problem for Nigeria which will make many homeless and will increase crime. Reason is, when u tax property owners, they will increase the price of renting out their properties, for those who have such. Then many who can't pay will be homeless. What do u expect, it will breathe crime, turn people to animals who will be easy and willing tools in the hands of all these sects since they will be told that the ruling class are their enemies. And they will start hunting innocent people and politicians who implement such policies. I pray that we don't get there, cos if we do, many people will carry sophisticated weapons and their target will be politicians. Just as boko haram have been doing . IMF should understand that the policies they have advised Tinubu and some other African nations to implement hasn't solved any problems at all, rather it has created more problems.

Focus on the wealthy in VI, Lekki Ph1, Ikoyi, Banana Island, GRA's and its less of an issue. Most houses in such areas a re owner occuopier and if you are renting there, then you are also wealthy and its not a problem. Will someone paying N10mln rent per year in Banana Island move to Gbagada because of N500k?

ZaddyJ:
You guys should stop spreading confusion up and down naw. The Saudi Arabia,Qatar libya who use their oil money to better the life of their people do they impose property tax on them ?
When we are supposed to be learning from the Arab countries we will allow one IMf to dictate the state of the nation for us .
Stop all this confusion that breeds suffering its getting stale and nothing is working anymore with it . We are tired of all the gibberish u guys are selling and it's not making a headway

Im tired of this reference to Middle East Countries. The Whole indigenous population of Qatar is like 600k and they produce similar oil to Nigeria and like 6times more gas than NLNG.

That's like the entire Nigeria's wealth spent on an area the size of Lagos state with 1mln people living in it. Would such need property tax!!??

SmartPolician:
Lagos State started collecting property taxes long ago. Afterwards, APC folks will be celebrating Lagos' huge IGR, but nobody cares about how it's being generated.

If other states tax their people the way Lagos State taxes residents, their governors won't be re-elected.

N12k Land Use Charge na property Tax?

Im not sure even houses worth N500mln in banana Island pay up to N50k, when they should be paying like N750k annually.

On a $400k house in Houston, you will pay like $6k annually.

If Lagos properly targets property tax from the wealthy in VI, Banana Island, Ikoyi, Oniru and Lekki ph1, they can easily raise like N10bln

jmoore:
If Kemi Badenoch talks about how terrorists have stopped farmers from coming to farms, vultures of babablus will attack her.

It is only in hell that these things can happen.

Honestly! Does Nigeria of today seem like a functioning state?
Ipob
Killer herdsmen
Iswap
Boko haram
Militants
Ritual killing
Kidnaping

Then when one president said Nigeria was a shit hole and another one said fantastically corrupt, Nigerians went to town venting! As if it isn't true!

Blazetrailer:
This is completely wrong

Propserity of countries is not measured by their budgets but by GDP, GDP per capaita, NI per capita and other similar indices.

Country A might use expansionary budgeting approach where such budgets are funded by loans ans other obligations while another country B may chose a conservative balanced budget approach where it spends just as much as it earns.

Fine, lets go to GDP. Sebi Nigeria has now dropped from number 1 to number 4, which is our normal position. We were only at number 1 because it was being propped up by an artificial overvalued currency.

If you've been to South Africa, you'll be wondering how Nigeria can have a bigger GDP. South Africa has 40,000MW of electricity powering auto manufacturing, diamond, gold and coal mining, robust tourism sector, largest banks on the continent, HQ of SHoprtite, MTN and many conglomerate businesses.

What does Nigeria have? A paltry 1.5mln barrels a day oil industry and Dangote Industries. Asides these two, what other industries do we have that are home grown? Maybe add Glo to that, but we all know Glo is struggling. And you really thought we had the largest economy?

And since you like per capita income, South Africa's is $6,200. Ours is like $1000.

Kobojunkie:
This is a nation of over 150 million Nigerians that is being run on nothing but lies and propaganda.

If I'm not mistaken, OPEC doesn't count condensates because it does not form part of the quota, while we tend to include it here when announcing production numbers. That's usually the cause of the apparent mix up.

mrvitalis:
When u start feel good project with no economic analysis this is the results

It's like building a 5 star hotel in a village with borrowed money then your builders steal your materials

Nigerians want to have bullet trains, nice airports, sweet streets with a GDP per capita of less than 1000 dollars LMAOOO joke of the century

I was telling someone Tinapa failed because there was no economic basis for the project he said it's lack of maintenance... I said lack of maintenance is a symptom of the problem not the problem

There is no establishment that would be profitable and not be well maintained it not possible even with the worse leaders... When a project runs on losses the desire to maintain it drops

I disagree with you on Tinapa. The business case was reasonably solid. The main reason it failed was lack of FG support and the next Governor -Liyel Imoke - abandoning it.

During Donald Dukes governorship, Calabar was becoming Nigeria's tourist hub. Many people were leaving Lagos to go there for Calabar Carnival, then to Obudu cattle ranch and shopping at Tinapa.

treesun:

..Says Nigerians impoverished, burdened by policies





https://www.vanguardngr.com/2024/11/mbf-to-tinubu-rethink-subsidy-removal-naira-devaluation/

The policies could have been done better, but those subsidies HAD to go!! Simply unsustainable. We are a poor country!

Most people who read this will say what about our oil riches...

How is South Africa with no oil able to have a budget of $133bln, while ours, even with our plenty oil is $32bln

Even Egypt that has never been know as an oil giant has a budget of N98bln

This oil has made us damn lazy for the last 40 years!! And while other countries have built industries in key areas that generate tax and export revenue...not to talk of tourism, Nigeria crossed its legs and went to sleep as the oil flowed.

Bobloco:
https://dailypost.ng/2024/11/11/ex-minister-gwarzo-kicks-against-dismissal-from-tinubus-cabinet/

Typical warped thinking of a Northern politician. IS Ministerial position based on a queuing system? It can be given to any qualified person, who may not even be a Minister.

LoveThemChubby:
If we had a government, every embassy would be ordered to refund all or 90% of all rejected Visa fees. Just imagine the display of ignorance and the number of people that liked it. This is how we ignorantly fan the emblems of hatred against our government and nation. Where in the world are Visa fees refunded? If you are ignorant and hate Nigeria and or her government, stop recruiting people to do same.

Honestly, the shallowness of the average Nigerian youth is shocking!

No basic understanding of how the world works.

Edygrin:
The sooner we realise that these foreign embassies are using us to cashout the better for us.

In 2023 about 150,000 Nigerians applied for US Visa and according to the US embassy the application fee is about $185 which is about N305k and only about 5% of the 150,000 people that applied were successful, meaning about 142,000 application were rejected which amounts to just over $26M.

Meaning the US embassy in Nigeria made over $26M in 2023 from rejected Visas alone.

If we had a government, every embassy would be ordered to refund all or 90% of all rejected Visa fees. But here we are, we keep making money for these countries while we're still indebted to them via loans.

I just have to modify to add that in naira that amounts to over NGN43B, that's the allocation of an entire state in a year, and that's for the United States alone, now do your calculation for the UK and others, you'll understand why these people will never allow Nigeria to work.

Why would they refund it? What of all the labor and manhours used to review those applications? What of all the back office work people have to do to schedule those interviews?

Did they beg folks who have almost zero chance of getting the visa to apply? If 120,000 people who had zero to 10% chance of getting the visa didn't bother applying and the embassy only had 30,000 applications to process, then they would need less staff and the fee night only be $85

Tellmeastory:
The man that some so-called Nigerians love so much actually hates the very look of your faces, and wants nothing to do with you.

How shameless is your slave mentality to even consider supporting this racist man?

According to the UK Guardian newspaper, a few years ago, ''Donald Trump bemoaned a lack of immigrants to the US from “nice” countries “like Denmark [or] Switzerland”...

His words:

https://www.theguardian.com/us-news/2024/apr/08/trump-immigration-north-europe

And what's wrong with that? The man has his preferences like anyone is entitled to. Same way you have your preferences over which country you want to emigrate to! Abi of I give you North Korea PR, you go collect?

SadiqBabaSani:
So beat that gay loving woman.

Thank God for Trump Victory it shows that you can stand on the path of morality and still win.

Those Nostradamus people that said one useless prediction of Kamala are dunces.


This blood sucking demoncrats should go kiss their useless asses.

Trump all the way

I don't like Trump as a person, but if I were an American Id probably be voting for him for the following reasons:

Stance against LGBTQ nonsense
Stance against senseless immigration
Stance against senseless wars in middle east and Russia Ukraine


Though I also don't agree with the Republican stance against gun control.

kettykin:
This is what every northern states should do now. Build your gigawatt plant. Eastern states should build gas plants. Let's see if Nigeria will not change overnight.

Seriously lacking in vision. If every northern state did a 100MW Solar plant to at least cater for their state capital and augment what they get from the grid, we would have made progress. Some northern state capitals don't even need 100MW, cos they have no industry, so they could sell the rest into the grid.

China will deliver 100MW solar plant for you in 18months if you are serious, cos they have a glut of solar panels at the moment.

mrvitalis:
Really don't know why we like foreign investors like this

Say this company invest 100 million dollars.. And after 5 years they start taking profit back home... Over 30 years take a billion dollars... Have they grown the economy or reduced it

Compare that to this

Gombe calls 100 of its most successful citizens
There is opportunity in solar, 100 million dollars, we want you guys to invest in it

We would provide u with land 25% funds for 30% equity which u can buy out at any time

They make the money, the money largely remain in gombe

Good point. We lack a lot of vision in this country. We do not create solutions. We just like to throw money at contractors/investors to come and solve them for us.

twosquare:
Because he was living a fake life now. He fcking borrowed to the extent that we now use 95% of our revenues to service debt. I wish there were another way, seriously.

That's why we are here...if not, sure collapse. Nothing more.

I agree with you. As painful as it is, subsidy removal in petrol, electricity and forex is the right thing to do!!

We will just bankrupt ourselves trying to keep forex steady and petrol cheap and live a life we cannot afford as a country.

Islie:
• Passengers reduce holiday, casual trips

• Airlines cut weekly frequencies to save cost

• Experts blame decline on naira devaluation, fare increase




https://leadership.ng/economic-hardship-foreign-travel-drops-by-60-in-lagos-abuja-airports/

Not sure I trust these kangaroo reports. This year I've flown out of the country twice - in March to the UK (Royal Air Maroc) and July to Qatar (Qatar Airways) and the flights were pretty full both times. In December I will be in Toronto and we'll see how full the plane is.

It was gathered that an economy seat to the United States of America that was N350,000 prior to the floating of the naira in May 2023 rose to between N2.7 million to N3 million, thereby, making foreign travel a necessity and no more a fun[b][/b]

And that statement above is false... Economy to USA has not been N350k in like 10 years. Even as at 2022 I was in US last, I flew with like N1.3mln

Basicend:
Truth is; when Tinubu speaks on this issue, it contradicts what Dangote had said. .

When Dangote speaks, it contradicts what Tinubu and oil marketers had said. .

When oil marketers spokesperson speaks, it contradicts what Dangote, Tinubu and NNPCL had said. .

When NNPCL speaks, it always contradict what Dangote and oil marketers had said. .

So, they are all dribbling to the left and right. . You can't hold any of their words.

The more you try to look, the less you see.

Chameleons!

Honestly!!! I don't see why its so hard for all of them to just come clean

LibertyRep:
Oransanye's Report

Good move

What next?

This tiny thing na Orasanye report?

Kobicove:
This guy is an alarmist, is it the 5% that will make the telecommunications sector shut down?!

.

Honestly I agree that the 5% cannot break telecom operators. That said they should be able to increase the tarrif. Telecoms is an almost inelastic product, so it won't make much difference to peoples consumption , considering how important data is to daily life now.

ricson11:
I generate 15% of the electric power consumed by Nigeria; I am building the biggest thermal power plant in Nigeria to be launched in January 2025

Davido’s father, Dr Deji Adeleke


https://www.youtube.com/watch?v=e3jawXQ_9b0?si=rNzNzQoAD3XvfKnN

Which power plant and where is it? Sounds like hot air to me

Ebubu2:
3rd airport under construction in Lagos, with another one in nearby Ogun state (4) within premises of 1 state. Other Yoruba people are not saying anything or complaining

But Anambra and Enugu people won't say anything but if Ebonyi wants to build airport they'll say we should use Enugu own.

Ndi idiots

Because Lagos has the market to support it dummy! Una no dey think at all? Its purely based on commerciality and financial viability!

Shadomaan7:
The price of fuel would eventually come down. It's part of the learning curve

On what basis? Just pray war does not break out in middle east that sends crude to $120 per barrel

Na that time una go hear shege.

Petrol will be like N1400 and diesel like N1700

InfoGuru118:
https://news360ng.com/tinubu-appoints-senior-special-assistant-on-civil-service-matters-first-in-history/

Left to me, civil service should be reduced by 30% in next 4 years at the minimum.

Ofunaofu:
https://dailypost.ng/2024/10/09/fuel-hike-ajaero-condemns-nnpcl-for-deciding-dangote-refinerys-pricing/

Which kind of silly logic is Joe putting forward?

NNPC is selling at the cost it bought from Dangote, plus mark up. How is that setting the price for Dangote?

LOVEALAIGBO:
I think at this point Nigerians should start to question if indeed they’re collectively being punished for past transgressions! They’re seeing shege on biblical levels….almost akin to the plagues visited on Egypt!

Perhaps!! With all our plenty sins in the following areas:

ritual killing
yahoo. yahoo
drugs
kidnapping
fornication and adultery
runs and hookup (nicer names for prostitution)

iwaeda:
https://punchng.com/naira-drops-further-as-nnpcl-hikes-fuel-prices-again/

Which useless report is this? Full of anonymous reports that cant be substantiated!

Exchange rate can cause the price of petrol which is dependent on it to fluctuate.

How is increase in price of petrol increasing demand for forex!? It should mean less, as people drive less. The roads in Lagos have been a bit freer in recent months and folks drive less.

We better all learn to conduct business online. And make money passively or online too.