₦airaland Forum

Now that the banned goods have been restored, the government should now focus on increasing funding to the I & E market/window, so that those who need foreign currency for serious business/purpose are well served.

If people want to exchange naira for dollars at N5000 to $1 on the black market, it is up to them. Government has no control over that market.

I have very little respect for most Nigerian lawyers as the overwhelming majority are dishonest, dishonourable, and unfit to be lawyers.

Some of the elementary professional rules that underpin the standing of the legal profession are trampled upon and discarded daily by Nigerian lawyers.

It was unthinkable some years ago that Lawyers would appear in the media to start arguing the facts, evidence, and merits of a matter that is before a court, let alone the Supreme Court.

I usually switch channels when I see this behaviour. It is painful to see how the jostling to be seen in the media has overtaken the fundamental requirements of professional ethics.

The Lawyers appear in the media knowingly twisting facts and information, perhaps to play to a gallery.

Some of the deductions some lawyers have dishonestly made in relation to the Chicago stuff have been laughably shocking.

And the NBA has completely lost control of the regulation of Lawyers.

The whole thing is an absolute mess.

SpecialAdviser:
Lawyers in the house, please help educate me.
Is it possible for Supreme court to accept a fresh suit or evidence not discussed in the PEPT. Case of this forgery.

Rest.

There is no forgery.

Lol

Blame for the current state of the country lies with the following, and it started at least 25 years ago.


1. At least 95% of all Federal government agencies - waste, inefficiency, corruption, outmoded mentality

2. At least 95% of all State government agencies - waste, inefficiency, corruption, outmoded mentality

3. At least 80% of all Nigerians between the age of 18 and 65 - wrong mentality, disposition towards corruption and dishonesty, wickedness etc

Nigeria desperately needs change in all areas.

While our politicians are stealing the borrowed money, the debt is left for the ordinary people to pay.


These politicians are smart eh.

Even the people in villages who have never benefitted anything from government are owing. No be juju be dat

What Nigerian leaders, politicians and senior civil servants have done to this country in the last 30 yeats is beyond terrible.

Lol

I guess he's talking about syngas.

The technology has been around for more than 50 years.

You can even produce your own gas from waste products in your backyard.

Plenty of videos on you tube.


The Professor is presenting it as some kind of indegenous technological breakthrough.

Where is the professor going to get enough waste product to produce enough gas needed for an entire local government 24hrs a day, 365 day a year.

It can't compete with the gas that is extracted from the ground, which Nigeria has in abundance.

KnowAll:
They should use the western frontier to build it. That is the Badagry to Sokoto frontier. That way u avoid all the big cities on the way.

I am guessing that will benefit far fewer people.

It is in the big cities that the largest users of roads are.

Also instead of one single road passing through bushes, an expanded road through Ibadan axis connecting through one or 2 other big cities in Oyo State, then through Ilorin and into Abuja will be better.

The existing road through Ibadan to Ilesha to Akure, Akungba, Ibillo, Okene, Lokoja then Abuja should be redeveloped and improved.

Benin to Lokoja should also be redeveloped and improved.

I am not thar familiar with the East. But 2 or 3 roads from that axis and Port Harcourt in the South South to Abuja should be redeveloped.

Mr Hon. Minister, we don't need a new, single road from Lagos to Abuja.

Better to redevelop existing roads and bridges linking the South to the North.

There is more to Nigeria than just Lagos.

It seems this Minister likes new shining things that are too costly.

The existing roads are in poor shape. Instead of focusing on redeeming them, he wants to bring businessmen to build a new one that they will start charging users for.


Smh

Everything I ever bought from Jumia has been true to their description. Not bought a fake yet. Saying that even Amazon is full of fakes.

The fact you can return unsatisfactory purchases to Jumia at no cost and without question is great. I prefer to order from Jumia for this reason even though it is usually more expensive.

Konga is where I don't have the confidence to even enter my personal or card details let alone shop.

Right from Obasanjo's 2nd term, Nigeria 's refineries haven't worked properly.

Obj tried to fix them, they didn't work. He sold them to Dangote & Otedola.

Yaradua cancelled the sale, returned Dangote's money to him. He tried to fix the refineries. They didn't work.

Jonathan spent 5yrs or so, and spent tens of billions. Still the refineries didn't work.

Buhari spent 8years, and billions on fixing the refineries, they didn't produce a bucket of petrol.

That's about 20 years in total of spending billions with no result.

The current government is 4 months old, and people say it should fix the refineries before removing subsidy.

If 4 previous governments couldn't do it in 20years, how long would Mr Tinubu have to wait before subsidy would be removed?

The man had no option. Nigeria is broke. It was a difficult decision, but it had to be made or else the country would run out of money and the naira would collapse to may be N5000, or even N10,000 to a dollar. Not possible? Ask Argentina or Lebanon.

Virtually every country in the world right now is going through a difficult time. Whether it is Germany, France, UK, South Korea, Ghana, Senegal, USA, Canada and many more. The world economy is going through a difficult phase.

But this will not last forever. The good times will come again, particularly for countries who take the right tough decisions now.

Deluded countries who want to continue to live on large scale borrowing and subsidy will end up like Venezuela.

Crude oil prices are shooting up on the international market.

The price of diesel has not been subsided for many years, so the government is not going to start subsidising diesel now.

All over the world, every one is complaining about the rising price of crude oil, which is currently about $95 dollars per barrel.

Go on you tube, you will see many videos of Americans complaining they cant even afford to buy fuel to drive to work!

Russia and Saudi Arabia are reducing supply in order to make more money. The rest of the world is screwed...for now.

Nigeria is no different. Are people in Ghana, Kenya, Japan, Sweden, UK, US buying diesel cheaper. No. Everyone is complaining bitterly.

This has very little to do with the Nigerian government.

Those who need diesel just have to adjust for now until crude oil prices comes down.

Very wrong if true.

A person in his sick bed doesn't care whether his Pharmacist, Doctor or Nurse is from his State.

He just wants to get better.

Ishilove:
What has building houses to address housing deficits got to do with Fulanis??

This is rubbish and that is how propaganda is spread. Vanguard has become notorious for junk journalism.

The issue is more nuanced than you think.

There are big security challenges in that part of the country.

If the Federal government chose the States where the 1000 houses will be built without consulting the State governments, then the people of Benue are right to be suspicious.

If the fed government insist the houses must be built despite Benue people rejecting it, then that is all the confirmation Benue people need to know that there is an ulterior motive.

Them dey force person accept gift?

It appears the Governor held out his hand for a traditional handshake, but then tried to adjust it because the person on the other side took the Governor 's hand in a less traditional style.

This has happened to me a few times in the past. I just assumed (and still believe) the individuals I was trying to handshake just wanted a more 'youthful' handshake.

It is hilarious to realise now that if a camera had captured me as I tried to adjust my hand to make the handshake less awkward for me, those seeing the picture may have thought I belonged to a dark, mysterious underground group

Wahala dey o.

OkCornel:
Ok…

By the way, Atiku’s legal team is barking up the wrong tree.

No one’s asking for documents Tinubu used for admission to Richard Daley College. Someone whose primary or secondary school details in Nigeria remains a big mystery.

Someone who mentioned all his classmates died in the Biafra war.

I don’t see much coming out of this Chicago State University hullabaloo. No point in getting excited over nothing.

Nigerians prepare yourselves for the Tinubu regime. Sorry, that’s the bitter truth.

Anyways, time will tell.

I can't speak to whether Mr Tinubu attended primary or secondary school.

But you might wish to know that there are established pathways to college admissions in the UK and the US that doesn't require any previous (primary or secondary qualification or even attendance).

So, I really don't see how Mr Tinubu's case should be different.

What is important is that he claimed to attend a college and a University in the US. If ongoing investigations confirm he did, that should be the end of the line of enquiry about his educational qualification.

If someone graduates with first class, or even third class, why o why should I be interested in the primary school he attended.

Infact in the UK, when applying for a job as a graduate, you mostly don't put details of your primary or secondary school in your CV unless there is a particular attribute relating to those early years that you want to bring out in your CV.

Once you graduate, most employers are simply not interested in the primary school you attended.

The fixation of many Nigerians on irrelevant issues is baffling.

So they did not have spares in stock for the most essential equipment.

It is only now that they are damaged that the management are seeking $4m

And people have to go without power until they source the money, buy the equipment and fly them into Nigeria?

Poor management everywhere you go in this country.

Very good.

Lawyers, more than anyone else, must exercise restraint at all times in any interaction with other members of society.

Calling people names in public discourse is very unbecoming of a lawyer.

Same thing on Nairaland. The unnecessary invectives and abuse is a turn off.

We need to return to a civilised way of talking to one another.

LegendHero:
Welcome home in advance Wally. Make una collaborate with FG make investment troop into the country.

We don’t need aid, we need Investments in $billions.

It is more likely to be government to government assistance.

The reality is that most US companies won't make real investment in Nigeria. Maybe in fintech, the stock exchange or the oil and gas sector.

Can you imagine Americans surviving on a large scale wheat or rice farm in Gombe, Adamawa, Ekiti etc. Yet, that is the sort of investment we need right now. The weather alone. Security, and the people nko. That's why it's Indians & Chinese that are surviving here. You'll hardly find many Europeans in Nigeria. Our society is tough.

Also, US companies have so many options around the world where they can invest, and the US government can't force privately owned US companies to come to Nigeria.

What Nigeria needs now is some kind of relief in terms of foreign currency, mainly dollars. If the US can find a way to help Nigeria, that will go a long way.

This is very interesting.

I get the feeling the US will help Nigeria whereever they can, that is why they are sending their Deputy Finance Minister. Make no mistake, this is about the economy.

The only problem I see is that Republicans in the US Congress will try and block anything that requires their approval.

The US government has been impressed with Mr Tinubu's free market agenda and see him as someone they can work with. This contrasts with South Africa 's socialist (pro Russia) tendencies.

The US also needs Nigeria to be on their side in the quest for influence in Africa, and so, I expect the US will reward Nigeria with favourable policies for not joining Brics.

Kids shouting from the roof tops that Nigeria should join Brics just don't understand international politics.

You go to where your bread will be buttered. In the present world order, the butter is in the US's hands.

Importation will reduce by fire by force.

The current high inflation has reduced people's ability to purchase goods, particularly imported ones.

Demand for non-essential imports must already be falling drastically, and with crude oil price increasing, Nigeria's balance of payment will rebalance in favour of higher export earnings.

Making imports expensive by devaluing the naira, which is what the government has done is one of the most effective tools for achieving increased local production even though there are unfortunate downsides to that policy.

I think we finally have a clever government.

Go to any supermarket, you will see up to 10 different types of imported breakfast cereals, olive oil, this oil and that oil. Even imported can coke, and many more non-essential imports.

We can produce all the corn we need to make different breakfast cereals, but we don't. We have palm oil, groundnut oil etc, and there is nothing wrong with locally produced coke.

These are just few examples of non-essential imports that is killing the naira.

In the future, when we are producing more and the economy is in a better condition, may be these things can be imported.

For now, we can go back to eating yam, beans etc for breakfast. People did this in the past, it didn't kill them.

Rotimi Williams.

Hmm...that name no be small thing for law o.

A true legend.

Never knew he and Mr Akintola were brothers.

I wonder how their parents produced and guided the 2 most famous names in law and accounting.

Nobody said a Nigerian President should perform miracles.

But we want a President that is proactive, hard-working and doing his very best to make good, tangible changes without complaining about past governments.

Mr Tinubu scores highly on those accounts.

Not only has he shown more agility, dexterity, and dugged spirit than any President since OBJ, he has achieved more in less than 4months than any President in the history of Nigeria.

But we are watching o. No slacking. And please sack any lazy, incompetent minister.

In the mean time Mr President, if you need to go to London, France, Timbuktu, or Ouagadougou for a 2-week rest, please do. Most reasonable people will accept you now deserve a break.

HajiMT:
The international communities are already seeing the great potentials most Nigerians cant see yet in the new president. Jagaban will surely deliver and propel Nigeria to economic height and progress never witness before, I believe.

When the foreigners eventually take advantage of the opportunities in Nigeria, those complaining now will be back here in a few years to complain again about the economy being dominated by Indians, Chinese, and other foreign nationalities.

There are countless opportunities here, though there are formidable challenges too. But sitting on the sidelines or commenting from abroad and constantly whining and leaving the turf to foreigners is not going to help this country or it future generations.

I am personally committed to throwing my hat into the turbulent economic ring that is the Nigerian economy. If foreigners can do it, we should try and do it too.

Concerning news that Abuja indigenes are going to court to demand the city be made a State, with a Governor, full compliment of Senators, and House of Rep members, I think this is a waste of time for a number of reasons.

1. No court in the land has the power to change the status of Abuja. It can only be done via a Constitutional amendment.

2. Abuja's current status is not unusual. Washington DC, capital of the USA is in the same situation. It is not one of the 51 States of America. And unlike Abuja that has 1 Senator, Washington DC doesn't even have a Senator. https://www.govtrack.us/congress/members/DC. Personally, I see no reason why Abuja should not have more Senators and House of Rep members to reflect its increasing population.

3. The Constitution is clear that for the purposes of the 25% votes criterion, Abuja is to be treated as a State. So, it is only in respect of this provision (to avoid a perverse outcome where Abuja indigenes hold a veto over who becomes President) and certain specific provisions that it is to be treated as a State. Abuja is not and cannot be a State. Lawyers should understand basic rules and nuances of legal interpretation. This is Law 101.

4. As a Federal territory, the entire land within Abuja belongs to and is under the exclusive control of the Federal government. This is a constitutional issue. Can you have a State government that has no control over any land? Where will it build its schools, primary health clinics, hospitals, ministries and government offices, roads, house of assembly, courts, and other amenities and how will it make or enforce any law.

5. Most people have read about the chaos that happened when the Federal and Lagos State governments operated from Lagos. Abuja was created to be an exclusive Federal territory in order to avoid those challenges.

Lawyers who put personal gains above professional ethics and edge clients on in pursuit of claims they know have zero chance of success are doing immeasurable damage to the already battered image of the legal profession in this country.

Coming soon after the public humiliation the profession suffered following the exposition of industrial-scale incompetence (senior lawyers making countless basic errors), unprofessionalism (sleeping in your client's matter), the profession should be hiding its head in shame and keeping a low profile right now, rather than embarking on even more self-harm.

Well written.

If you attend courts in Nigeria, you will be shocked by the extent of most lawyers' poor understanding of basic procedural rules, and shoddy case preparation.

Judges spend an inordinate time tutoring lawyers appearing before them on basic interpretation and application of rules and laws.

Many lawyers have been in practice for more than 20 years, and have appeared in courts hundreds of time, yet they don't know much. They mostly rely on bravado.

Take a look at the Labour party case at the tribunal which was strewn with several amateur errors despite a legal team consisting of several SANs.

Truth is, most Nigerians, whether they are carpenters, brick layers, hair dressers, doctors, engineers etc simply do not pay attention to detail in their line of work.

Most mechanics can't repair a vehicle properly. Many carpenters can't construct a 4-legged table without one leg being slightly longer or shorter than the others. Every 2 weeks I go for a haircut to the same barber but return home looking different each time despite always requesting the same hair style.

In Nigeria, consistent quality is absent in almost all fields.

This guy, you like trouble o.

Kukutenla:
What is this guy saying for God's sake?
The subsidy is reputed to cost 400bn monthly.
So how do you pay 400bn subsidy on imported fuel of 200bn?
Are you really this daft or just playing
So economy slowed down but exports increased?

If you read the write up again, you'll notice that while the top half quoted figures for the first 6 months, figures quoted in the bottom half of the write up relates to the 2nd quarter, and so the N1.23 trillion figure for petrol import is only for the 2nd quarter ie., April - June.

That translates to an average of about N400 billion per month, not N200 billion as you claim.

As for subsidy, I believe the exact amount varied according to international refining prices so the figure was not constant.

The average per year was probably about N3.5 trillion.

People always say if only the government would provide stable electricity, most of Nigeria's problems will disappear.

I disagree. There will be some economic benefits, but not to the level people expect.

I know a particular part of a city in the SW where it is rare for there not to be electricity. When I was there, there was no noticeable difference in their economic output.

Sebi na who get work need electricity to work.

Also most people can't afford 24hr electricity.