₦airaland Forum

Inshort let the labour union begin to compare our minimum wage with that of yhe USA in terms of Dollars.

If the government an be mad enough to keep increasing prices of energy because of prices in those countries, it's high time we started fighting for minimum wages of the countries in its dollar equivalent value in naira.

Why will I buy fuel at the same rate with a person who can comfortably earn the Nigerian minimum wage in 5 to 6 hours

Ola9ja23:
Does that mean if inflation reduces to 15% they will also review our salary and reduce it as well 😀😀😀

You are terrible at economics. So you want a salary reduction when inflation is at 15%. There will be a reduction in salaries when inflation hits a negative. I.e deflation.

I fully support this move by the organized labour. How will a serious government allow inflation at over 30%.

If the government can't peg inflation at less than 10% per annum, let them adjust wages accordingly. Hope you are aware that at the current rate of inflation, what the current minimum wage will by now will require double the minimum wage in about 2.5years

The worst mistake is floating the naira. Even Almighty China did not allow that. The floating of the naira is for three main purposes

1. Make government expenditure cheaper in relation to its foreign exchange earnings.
2. To justify fuel prices fluctuations
3. To contol emigration.
.

The man no sweat for armpit na only chest and stomach sweat dey drop from. Continue to decieve the gullible.

macuwon:
You could see the struggle to stop. The train driver tried his best.. Minimal damage

That train could have stopped if it had wanted. It had all the time to apply the brakes just one empty coach.

Frigga13:
And same people are calling out Buhari
And blaming him for all wrongs in Nigeria

Today we’re telling them the holy truth.. they’re busy insulting , cursing , abusing and fighting hard to Gag Nigerians from speaking out .

They ban you on social media .. arrest you .. threaten you and hide your comments..

Why?

At this stage and age in the love of Nigeria existence?

Will his tribesmen tolerate this .. if it’s from another government not Yoruba?

Won’t all the professors and elites jump and turn activist?

Nigeria is going down before our very eyes .. let’s no one forget ..
should I case we start comparing and competing with Congo

You have made very great arguemtns but you ended up messing it with tribalism. The most liberal group in this country are the yorubas. If you really want to know, not all yorubas are happy with his style of leadership.

State your facts without tribalism. These leaders are all the same. They are all thieves.

Nairaland is becoming really annoying these days because of the number of paid agents who defend this wicked government.

This place was once a great place but now it's becoming repulsive.

As for president Tinubu, he has no iota of shame nor honor. How can you remove something you claimed doesn't exists years back. People are suffering and he claims he has no regrets putting us through these multidimensional suffering.

How do you punish the whole country as a result of the failure of the government to curtail the activities of some criminal elements smuggling subsidized products to neighboring countries. How is that different from what Goodluck Jonathan was trying to do years back.

How can you remove subsidy and devalue the currency massively at the same time and you claim you don't regret it. Those are the words of an emperor not a leader.

BigDickProblems:
[Ok I just figured out the issue. It’s from the Twin tech. I have been duped of my hard earned 45k.

This is what I found out after testing the 2 panels separately:
Single Connection at 1:20pm
Africell
20Volts 3.8Amps =76Watts
Twintech
15Volts 0.6Amps = 9Watts
Connecting both
15Volts 3.4Amps = 51Watts

Notice that Africell is giving 42% output while the Twin Tech is not significant. Now combining the two in parallel affects the entire system to a very low output. Now I am certain of the issue.

Do they return solar panels? It’s not up to a month old.

You see that twintech en, run when ever you see it. It's a terrible product. Works well upon installation then begin to degrades after two weeks of installation. The culprit is it's cable and solder joints, very terrible product

300k

dhaveenchi:
still available.
Open to any kind of offer

Any offer??

OK let me try my luck

300k

Location and model

igbosarejews:
Oga, if you must know. The Ukrainians and Russia fight, didn't start today. Over hundreds of years ago, though with different names. Meanwhile, These countries are already breakaway and independent, why are Russians coming again to annex their Territory.

You can't keep having a relationship with my contender and you still want to exist. Do you know who instigated the break up of USSR, it's the USA.

I'm not supporting either side but this is the way I view it. Why is USA trying to dominate the world? Stay in your continent let others stay in theirs.

This war is the Jewish way of pushing countries into debt, I pity Ukraine after this war, they will pay with their natural resources. Go through history, you will understand better.

Why is Ukraine blocking the nord pipeline on behalf of the west. This war is all because of dollar dominance nothing more.

igbosarejews:
The war wouldn't have happened if Russia, didn't invade independent countries.

It's not about NATO or US expansion, but a criminal empire, like the old Medieval Viking age, that believes in Plundering and suppression.

If Russia will stop invading it's neighbors, no country along that axis will dreams of NATO.


Russia took part of Poland. Invaded Finland. Invaded Chechnya2001, invaded Georgia in 2008, invaded Ukraine. So, tell me which independent country will want a bigger one to turn it's sovereign nation into battle field. If Ukrainians were NATO, would they have been invaded by Russia?

See the way you make it so simple, we're those countries not part of USSR before, did USA not also forcefully steal part of the current USA from neighboring countries.

Did you know that USSR is the only world power that didn't go around bullying other smaller nations, the USA is the devil here, the friend of my enemy is my enemy.

This is a war of survival for Russia, you will be surprised this invasion is more of economic survival for both the USA and RUSSIA. Every other thing is a distraction.

Tareq1105:
Israel defense mechanism will intercept it.

I doubt if Russia can defeat Israel.

Stop hyping ISRAEL. The JEWS are the cause of most wars on earth, their defense systems can't intercept those war heads abeg. Even Iran's misses which are not half as fast as this penetrated thier defenses. Abi you did not watch that video. About 6 misses hit the surface in less than 10 seconds. All delivered by one icbm

chopnaira:
Poland was cut into half by Germany and Russia. Germany annexed western part of Poland and Russia took the eastern part.

If Putin had his way, the evil man would try to annex Lithuania, Estonia, and Latvia.

You are blaming Russia for the same thing USA did isn't that double standard? Well, history is written by the Victors.

igbosarejews:
Have you heard of USA invasion of Mexico, Cuba, Canada and some southern American states.
But Putler invaded and took Chechnya in 2002, invaded Georgia and too about 30% of Georgian territory 2008 Invaded Ukraine in 2014, Invaded with Germany in 1928 against Poland, invaded Finland.

If you have a crazy neighbor, aren't you going to look for ways to save guard yourself.

Most comments here are emotional. USA is the cause of this war. Why are they trying to encircle another super power. Ukraine is the dumb one here. Well to me, I believe the war has achieved it's aim. The USA underestimated the economic capabilities of Russia, the war is taking alot from NATO.

I see alot of realignment in the world if the USA doesn't stop this madness. Let the USA find a way around petro dollar economy, as it will phase out eventually. You can't keep printing paper in exchange for value. It's wrong now.

There will be lots of diplomacy behind closed doors now.

I see naira crashing big time. 30 percent seems sweet, it's a sign that we should be worried. This is clearly not sustainable in the long run.

This currently pays. DYOR before investing. They claim arbitrage trading. I have invested and withdran a couple of times.

https:// t. me/ arbitap_bot?start=6813950868

Remove the spaces

Any other faults. Seems the phone is having network issues

Are you sure those defending Tinubu and attacking every Critic of this government are normal? Businesses are dying, quality of life is diminishing yet some people chose to defend this failure of a government. I hope the pay is worth it?

Note, I'm not a fan of Atiku either stop attributing Tpains failure and wickedness to anyone's political career abeg. It's becoming nauseating. At this rate all sensible person will abandon Nairaland for these bots.

You can't defend this regime without sounding like a fool

Alexas58:
Great!

So if you put 30,000 in btc at 35k buying price

And btc goes to 70k
100% increase == 60k



If you put 30,000 in btc at 70,000
And btc drops to 30,000 your money becomes 15,000


From 30,000 ==> 60,000 that’s 100%

Then from 30,000 ===> 15,000 that’s 50% ?

Why didn’t you say from 30,000 ==> 60,000 is 50%



Some people to do oooooo.


Trade and think like a champion

If you cannot understand simple level calculations involved in trading
Then is it the manipulations in the market you wanna survive?

Boss calm down

From 70k to 35k is 50% loss

While

From 35k to 70k is 100% profit.

Season of hiking prices

I think there is a deliberate attempt to make the naira fail

I don't know if those people on the first page are just gaslighting or they are serious. Is it reading or comprehension problems, the article clearly stated that TAXATION is one of the major determinants of prices.

Taxes in some countries is as high as 50% of the cost and some people are trying to deflect this by spewing trash.

The government is just taxing us to death plain simple.

tobenuel:
Let it be known that Yorubas and Hausas destroyed this country and Heaven will take note

No I won't agree.

A high number of Yorubas didn't support Tinubu. Tinubu destroyed this country plain simple. He is just one man

Ikmontana1:
i have to say this

i had an issue regarding terminating my t bills investment, i posted it here so u guys can inform and help,but no i was ridiculed like i dont know what am doing.

thats not cool, nobody have all knowledge, even d first bank official dat attended to me had to call another branch to ask for information cos he too was surprised wen he saw i was to b charged 236k, even he learned today about been charged on d (prevailing discounted rate) wen a t bills investment is about to be terminated.

i just hope we do better by helping ourselves when we ask for information on what we don't know, thanks

.

You need to clarify if the 8.9m invested includes the interest reinvested or that's the initial investment.

Olaide1295:
This is correct.
The foundation of the fuel problem of today was laid by President Yar'adua when he reversed the sale of the refineries in 2007. If private investors had been allowed to run those refineries, they'd be working now.
It's a problem of many years, not just this government.
However, this suffering must not go to waste. People must see more judicious use of govt. money else, another protest will surface.

SOCIALISM IS NIGERIA'S PROBLEM!!.
Petrol is subsidized,
Education is subsidized
Rail transportation is subsidized,
Healthcare is subsidized
Importation has been subsidized by cheap dollars for many years until recently.
Even our economy is subsidized by Oil.

Subsidy distorts markets, thats why subsidized sectors won't function properly.

Subsidy isn't the problem, most advanced nations of the world subsidize and intervene in key sectors of the economy

Olaide1295:
This is correct.
The foundation of the fuel problem of today was laid by Yar'adua when he reversed the sale of the refineries in 2007. If private investors had been allowed to run those refineries, they'd be working now.
It's a problem of many years, not just this government.
However, this suffering must not go to waste. People must see more judicious use of govt. money else, another protest will surface.

Exactly, the same way power generation has drastically improved. These people in power are just wicked beasts.

The same nonsense said by Buhari for 8 years these ones too have been remixing it for 1.3years now.

This government has perfected the act of divide and rule.

This is the same thing they did with electricity tariffs. Some section will pay higher first then gradually increase every sectors. Same with petrol.

Nigerians are too docile!!

The first thing I suggest NLC to do is to disband the LABOUR PARTY. let them become a fully fledged pressure group again and watch the government cower at the mention of NLC. Until then the LABOUR UNION can't do jack because they will be charged for treason.

When the price is adjusted to 1300 naira subsidy will resurface once the naira gets devalued again to about 2000 naira and the cycle continues

Tinubu is the most wicked person on earth. The best solution to this crisis is to defend the naira against the dollar.

Peg the damn dollar to 700 naira and watch the issues get resolved but no they won't do that.

.

If the guy registers a sim per day it would take him over 270years to do so.

If he registers 10sims daily it would take him 27 years

At 100 sims per day it would take him over 2 years