₦airaland Forum

BluntBoy:
Even in the United States, there is no constitutional constraint on whom the president invites to share the White House with him as long as they leave in the unofficial quarters referred to as The Residence. The American president can bring in his uncles and aunties and cousins if he so wishes.

However, since the American president feeds himself and his family from his own pocket, it would mean that he would also be responsible for feeding these relatives.

Let us not be hasty to compare ourselves with the US, just as a Toyota Corolla should not be bragging around Rolls Royce Phantom. What an average worker earns per day in the US our government is still unable to pay in a month! I think Aso Rock is a waste. They bring in all these people and you wonder why they budget millions to feed per day. And with the comfort they have there they will not remember to fill the potholes, bucketholes and craters that we have on our roads all over the country! Look at how they are fighting over nonsensities while the whole nation is bleeding under a comatose economy!

What you get when we keep voting for spent forces in elections.

Kudos to Oyo State people for starting the silent revolution...voting correctly!

If Canadians did to Canada what Nigerians are doing to Nigeria no one will go for their passport.

If Britons did to Britain what Nigerians are doing to Nigeria no one will go for their passport.

Stop wishing or praying to get their passports until you have first cleansed yourself.

If Nigerians can do to Nigeria what Canadians have done to Canada, then Nigerians in Canada would even wish to quickly come back home.

Our problems are ourselves. And its deep in the blood.

Sex for grades. Police and wey ya particulars? Sharing of loot by public offers. Systems not working so that they can extort. Who does all these? Nigerians.

passyhansome:
MONEY IS GOOD

Good money made in a good way is good. Dont envy what you see in this picture! Some of them are rich but are far from living good/happy lives.

Watch the transition.

Potholes to bucketholes.

Bucketholes to craters.

Craters into pits!

Isinweke:
Hausa Fulanis are importing rice from the Sahel and making from Christians this December season

Border closure indeed!

Ok. No comment.

Actually, border closure means more than that!

We have Customs and yet we cannot police our borders. What is that?

So, now we pay Customs officers with public tax, and we leave them idle - How efficient is that?

I think we have gross deficiency in thinking!"

Everybody knows that.

We can also do away with two-thirds of the House of Assembly.

We can do away with 24 states and go back to 12 states of Nigeria.

We can do away with so many unprofitable offices and save money and stop behaving like a rich country. UK Prime Minister goes around with entourage of 2 cars, Nigerian counterpart goes out with 20 times that number!

Instead of killing the economy with your new TAX budget 2020, you should urgently do away with a lot of things and a lot of unprofitable offices.

Dont wait until BBC exposes your wasteful living.

I pray he will get saved and live to see the difference between good and evil.

Exercise in futility.

SW will not queue behind this position I bet you.

Nigerians will vote next time for the younger, vibrant people - Osinbajo, Obi, Fashola and co.

Satan66:
If Liverpool doesn't trash Leicester lemme die this night

It is only a football match.

Potch:
Nigerians are smart but are being led by dull people. From the presidency to the National Assembly, majority are secondary school cert holders. Most smartest people in my set are now in the USA and Canada.

The people in the Presidency and National Assembly did not fall from the skies, they are your typical average Nigerian!

The problem is actually that we think we are smart but we are yet to find out what it means to be smart.

Good to see our governor.

The roads. The roads. The roads are something else.

Please come to our aid.

What on earth is this?

Appropriately dressed to pick race in case BH appears from the bush!

grandstar:
There is a big difference between lowering tax rates and lowering taxes.

Nigeria's corporate tax rate is 30% but who pays it? Probably less than 1% of registered companies pay the real figure. It was estimated in 1990 that it was primarily public quoted companies and a few others that actually paid the full rate. Probably no more than 0.1% of registered companies.

What matters is not the tax rate but the base. India found out that the more it reduced taxes, the higher the revenue collected. Taxpayers were more complaint. A tax rate of 12% will not only increase the level of compliance but will drive massive investments. It works like magic.It is trans-formative.

Inflation rates are high because of the Naira substitution policy. Please read up Henry Boyo's articles on the Naira substitution policy. Basically, substitution of the oil revenues into Naira and then paid out as monthly to the 3 tiers of government leads to a spike in inflation. That spike in inflation is now mopped up using costly TBills which lead to high commercial banking rates.

Let us say the monthly revenue is $2b, government will pay out 730b, or if $3b, that is N1.095 trillion. When this money enters into the system , it leads to excess money in the system which the CBN has to mop up using bonds.

Nigeria shouldn't have had a problem with high inflation for years because its budget deficit was barely 2% of GDP. This figure is associated with sinle digit inflation. The Naira substitution policy was skewing the system.

Henry Boyo said instead of paying them in Naira, use Dollar certificates instead and they can redeem the Naira value at commercial banks. These will lead to dollars changing Naira and will cause the Naira to strengthen greatly. But most importantly, because there is no more spike in inflation and to prevent the Naira from becoming too strong, a looser monetary policy which will lead to lending rates reducing and with time hitting single digits

Soludo wanted to end it but Yaradua stopped him 2007 or so.

Agree with your comments. The answers to our economic problems are not far-fetched. The challenge is that FG keeps picking advisers that are 'sponsored'. I personally want to see what the new team will advise. I feel they will toe the line of 'IMF thinking' which may cause more harm than good.

Why cant we just lower tax rates and increase compliance? Why cant we drop VAT to 3% and rake in more payers? FIRS keep flaunting how much they have collected. Let them tell us how many companies are paying. It may still be a fragment of the total. Economics should not go beyond common sense! The developed countries keep borrowing rates at 1-2% to encourage production. That is simple common sense that Apogbon traders understand. What is the common sense in keeping lending rates at 25% and end up with a large number of 'big' people who will never payback? Or tax rates at 35% only to have less than 1% compliance? let us use common sense.

BENIXIT or NAIJAXIT or what do we call this one?

Tomato is not the problem. if you want we will give you some tradermoni.

The problem is oyel - Too many billionaires who cannot manufacture ordinary pin or toothpick will lift oyel, collect subsidy and just move it accross the border where they will rake 200% profit. Haba...

The same people will now be flaunting their rolls royce as if they did anything good to make the money..Haba

oyel and raisi are the problems bro.

Edenx:
This man Mr Frank has reenforced my belief that Nigeria will rise again.I didn't know we still have people of such iron clad intergrity and courage in the face of oppression and widespread intimidation ,a time many have sold their soul to the devil for a pot of porridge this man alone is speaking against the govt. He reminds me of that biblical Elijah. The question remains why isn't Nigerians talking about this with the energy and gusto they use in analysing Bbnaija and Tacha?

Please ask Timi to present his evidence to the public. What have we not heard in Nigeria? The way they once said GEJ took 50 billion dollars. We are still waiting to find which bank or house he kept the billions! The accusers are at it again! Timi should bare it all.

xelly:
What's stopping Osibanjo from going to court? I think there is iota of truth in what Frank is saying.

Have you seen the letter issued by Falana & Co?

Google it. Osinbajo has handed the matter to his lawyers long ago.

I dont know why people are not asking Timi to show his evidence if he has any!

Davash222:
If Salah could be 90, Mane should be over 90!!
Mane is what Salah wished to be.

Boy, check that again. Mane is a great player, but Sallah can destroy any defence. For Madrid to win Champions League, Ramos knew there was one player he must injure!

Check your title and correct it.

You have an impression that half of the people going for a career in the Civil service go there with only ONE THING in mind - to become rich or super-rich through corruption.

While some brilliant guys are seeking a career with CitiBank, these other guys find their way somehow somehow to get into the Central Bank.

The brilliant graduate is happy to be employed at Unilever and 20 years after, he is looking for a loan to buy a house. His not so bright counterpart in government, whether local or state or federal, has built an estate after spending 10 years in service.

The righteous suffer in a grossly corrupt place like ours. The righteous in Civil service suffer more. He goes back to his village to start riding bicycle after retirement.

Nigeria must fight corruption.

In Asia, the brightest and the best are employed in Civil Service, and they are nicely paid - That is why they are developing so fast.

When are we going to clean up the Civil Service in Nigeria? Those who claim to be fighting corruption should start in their backyards.

Fulani population in the whole of Africa is possibly less than 20 million.

They are not all herdsmen as people usually assume. You have the nomadic fulani, the semi-nomadic and the town fulanis. The town fulanis have settled and are no more nomadic. They are very strategic and always fight for the interests of their nomadic brothers. That fight has taken them into the politics of governance and of money where they try to have strategic influence. While other tribes seek relevance in education and trade (which are the main targets of the south) the town fulanis take strategic place in the security segment and in the dominant sectors of the economy.

Nigerians should not frown at efforts to make the fulani herdsmen to become sedentary and possibly become semi-nomadic or even settle as town fulanis. The argument that fulanis will always be nomadic is faulted by the fact that many of them are no longer nomadic. The herdsmen can settle and Nigerians should support efforts to make that happen.

What should not be supported is throwing the borders open for all herdsmen.

Actually, there are very rich fulanis, so rich that they can set up their own development fund, without waiting for funding by government. They can use their own funds to settle herdsmen where they are and let them start to enjoy the benefit of development and education like their counterparts in town. A plan by fulanis for the fulanis may be easier to sell to the herdsmen nomadic fulanis.

Government is needed in the aspects of policy and education (not necessarily some funding that may be hijacked by the wrong people) and this is what the government plan should focus on.

People amaze me. How does 'dressing well' solve the myriads of problems we have in the state? Ordinary drainage at Jibowu they have been constructing for months now, causing heavy traffic all the time. Yaba, same same. One lane is blocked from Oworonshoki all the way to Oshodi, yet no single construction is going on. When you know you are not ready to start work why block a whole lane and cause unbearable traffic for months unending? Lagos needs to wake from a long slumber. Lagos is planless at this point. What have we got to tell the world?

I dont have anything against Sanwo-Olu. The vibes around him are always very good. I pray he succeeds very well. He needs to be more visible and he needs to go for low hanging fruits like dealing with unnecessary logjams on our roads.

Sanwo-Olu has to show that he is in charge and not a puppet of some emperor somewhere. The impression right now is that Lagos is gradually losing momentum and we hope it is not because it is being held in the jugular by some unintended beneficiaries.

Nigeria - still unequalled when it comes to corruption.

Leave Ghana now and go and fight your own malaise.

Rather than get on with working they are busy scheming for the next election.

And when the focus is on the next election what will they do with state money? Your guess is as good as mine.

Nigerian politicians - shame!

We cant find some state governors in the public again?

Are they safe?

How does that stop the 9 billion dollar case?

elganzar:
Osinbajo for President

Peter Obi for Vice

Yoruba and Igbo together should rip The North of power


#2023

Under what party?

Obi will not join APC.

Osinbajo will not join PDP.

APC very likely not going for Osinbajo.

So, under what party?

The love of money is the root....

IronGalaxy:
And people be acting surprised when South Africans don't want Nigerians in their country.

If only we can be true to ourselves we will pass less blame on South Africa. Dont mind those who were shouting to the gallery.