₦airaland Forum

DohFahSo:
Almost everybody is protesting. Emilokan o. A clueless government with clueless supporters and clueless leaders. Emilokan.

Where are:
Seunmsg
Yarimo
LeoDeKing
MannaBBgrills
Helineus
FreestuffNG
??

They should come and defend their lord and personal savior.

Civetcat:
A prodigal son who is unwilling to accept the consequences of her actions.
The policy is working as it is supposed to . People are learning the harsh truth. The party is over. Get up and be productive or waste away trying to benefit from what you didn’t produce .
The same policies are being applied globally but why is Nigeria’s case different?
As someone who left Nigeria for 10 years and came back.The greatest shock was the newly acquired taste in the period I was away.The lacasera ,Omo detergent ,Bourvita ,Gulder , had been replaced by more fashionable imported brands. People I know spend so much on leisure,frivolities and luxury in a way that I cannot comprehend.
Instead of factories and cottage industries,Everywhere is dotted with mosques ,churches, hotels and event centres.
The current polity highlights so many structural issues.

The upper middle class who are supposed to be the engine of the economy only spend on lifestyle; designer clothes, holidays and schools abroad ,expensive cars , beverages and Rolexes.They add little or no value while getting so much out of the system .
Take a look at Alibaba and see all sort of Manufacuring plant and Machineries that are available for sale . Yet we import stuff that add no value .You can probably build to 200 small factories for the price of 100 cars parked in front of a church in Lekki on sunday.

Food security is another one . How did we manage to acquire an unhealthy taste for foreign food like rice which we do not have the geographical advantage to mass produce while ignoring our local food.

Why are citizens protecting the civil service when much of it is simply not adding any value . The salaries of civil servants and politicians consumes much of our national budget.

shortgun:
This is not true, the refinery was initially designed specifically for refining Nigerian crude, it will have to be modified to process crude from other sources.

FarmPlanetNG:
The oil fields belongs to corporations not FG

shortgun:
I laughed very hard when Reno the dumbo posted that the reason Dangote is getting Crude oil outside the shores of Nigeria for his refinery in Lagos was because Nigeria's crude oil have already been contracted far into the future. And we have a quota from OPEC....
As usual, many fell for his senseless, baseless and nonsensical assertions without bothering to verify or ask critical questions like.
How will a refinery that was conceptualized,designed and built to refine Nigerian crude oil not have adequate provisions for Nigerian crude oil supply?

Well, the real gist and the crux of the matter is that the federal government refused to accept naira payments for crude oil sales to Dangote refinery, insisting that Dangote pay only in dollars. Despite Dangote's reservations about the government's motive for requesting foreign currency in a domestic transaction where naira should be the only legal tender , the federal government remained adamant, demanding payment solely in dollars.
Also, the federal government mandated that Dangote Refinery cover the freight costs for vessels selected by government cronies, equivalent to the rates charged by overseas vessels, along with port charges and landing costs—all payable in dollars.

After crunching the numbers , the management of Dangote Refinery concluded that sourcing crude oil from outside Nigeria from far away USA would result in lower costs. Thus, they decided to abandon the Nigerian crude, leaving it for Tinubu and his cronies to drink.

FarmPlanetNG:
Sourcing crude oil from USA can never be cheaper regardless of the bottlenecks in domestic transactions. Can't sleep 2AM. Damn

Tareq1105:
Forget Policy Reversal, it would not happen.

Let's reduce our thirst for dollar. More Nigerians are now into forex round tripping.

How do you explain a woman that Fed Govt paid her retirement benefits of #8.2m in December and she took #7.5m of it to BDC and convert it to Dollars and deposit it in her Domi Account.

It's not that she wants to travel or import raw materials from anywhere. She just wanted to save in dollars.

This is the issue we have this days but we're quick to blame Tinubu when we're the one responsible for mounting pressure demand on Dollar.

Naira is our currency and Tinubu would not allow Nigeria to become Venezuela hence the current forex reform Policy.

festacman:
In his address at a well-attended public hearing, the apex bank boss attributed hyper inflation to organic food shortages but added that the government was addressing the menace through fiscal policies which may take time to work out.

You can't address the problem of food shortages through fiscal means. You counter food shortages by producing more food. FG must devise ways to facilitate production of more food by applying innovation in protecting farmers and their farms as well as bringing more lands under cultivation in the coming farming season.

By the way the CBN Governor's speech is all over the place. Said so much without saying anything that looks like a solution to current economic crisis.

We need a holistic economic plan while the current adhoc measures are implemented.

Righthussle:
I'm always surprised when Christians complain about hardship. It's either they don't know how powerful their god is or their god has lost his power. A god that turned ordinary water to wine should be able to turn sand to rice or garri, stones to pieces of meat. Just ask

John 14:14, If ye shall ask any thing in my name, I will do it.

Ttalk:
What is the sense in removing fuel subsidies when you only redirect money from the subsidy cabal to be deposited into the pocket of the political cabal.

Today, allocation to state governments has increased by 40% yet there's no 40% increase in deliverables to the people of the states.

Tell me, which of the states in Nigeria has increased its infrastructure by 40% including salary to its workers

What we see today is a similar expenditure just before the subsidy removal.

You wonder why there's an increase in the demand for the dollar and you need to look the way of our governors who after collecting monthly allocation deduct state salary and use the remaining balance to mop up dollars in circulation.

Ezmans:
south Africa can survive without Nigeria but Nigeria can't survive without them

PheelzAlmighty:
Nothing good can come out of South Africa...



South Africa is better than Nigeria in all ramification






Argue with your shadow.

DystopianMuse:
Security Information!

"Please use *996# to view numbers that may be linked to your NIN. Follow the prompt using option 4, & option 2 respectively. If you discover any number linked to your NIN that is not yours, de-link such number immediately or call your network provider and report. You may also check your NIN status using option 4, & option 1 respectively.

Unscrupulous NIN staff members are selling sim cards linked to people's NIN. Don't suffer for what you do not know.

I was at the MTN Maitama office yesterday and heard a lot of surprising information. I met a very top security personnel friend of mine who told me how innocent people are being roped in lately because these criminals linked those dubious sims to innocent people's NIN.

Please act fast and do the needful because ignorance is not an excuse under the law."

~ Concerned Citizens
Airlifted from Tosin Adeoti (FB)
- - -

lexy2014:
is it Peter Obi and Atiku picking holes in Tinubus policies and actions that is responsible for the present state of things in Nigeria?

what are the "fresh ideas or positive contribution to it's policies" you are referring to?

how did Atiku and Obi wish Tinubu failure? are they the reason Tinubu is failing woefully on every side?

why should Nigerians be the ones to make suggestions to government on sound economic policies? was that the agreement? was that what Tinubu/APC promised and campaigned for?

Zanzibar1:
See the places I marked with the yellow and red arrows indicating the money to pay back every month.
Sorry for the poor image resolution. It's my phone wahala

bigpriik:

baba is in france since two weeks now,a whole president out of his country for two weeks and everything is dabaruing economically ,it means he is not physically and mentally fit for the job,if the uprising protests continue and gets worse there will be call for his resignation and trust me he will be removed and nothing will happen,nothing will happen because at the moment the south is divided like never before nobody will fight for the southwest and tbey cant fight nigeria alone,shettima will soon be president just watch.

DatoDatuk:
If this man dies, what really killed him?

A: Friend
B: Alcohol
C: Woman