₦airaland Forum

Akwamkpuruamu:
So when have Agbadorians started valuing statistics? No be Ebola talk say na Statistics we go chop?

CyrusVI:
No factual backing or Data-laden stats

I read every single line and I couldn't see a reliable logical or Statistical source to back it up

If I were given the task by a foreign power to cripple a developing economy like Nigeria and reduce its 200 million people to a state of desolate, mindless nihilism, here's how I'd go about it.

1. Raise taxes indiscriminately and across board. Do so with zero consultation and make the announcement as abrupt as possible so as to magnify the shock value.

2. Institute multiple taxation and create entire new arms and functions of government centred around collecting new taxes and levies. Make this process as rapid and opaque as possible, and once again, ensure there is zero public consultation and maximum shock value.

3. Remove any subsidies on production (such as those on petrol and diesel, which power 87% of all production in Nigeria) and ensure that any consumer prices set by government (such as electricity tariffs) skyrocket. This ensures that producers not only raise prices but also pass the entire cost burden on to consumers instead of pushing back on the inflationary policies. Crippling consumer inflation ensues, followed by a debilitating cost of living crisis, the likes of which the country has never seen.

4. Make energy production and supply even more convoluted and mind-bending than they already are. Add new layers of corruption between producers and the energy they need. Insert my nephew's oil company into the nerve centre of national energy infrastructure and start a war against the country's only functioning refinery, which threatens to simply access to energy. Create a weird new national energy policy that avoids all the cheaply available energy reserves in Nigeria, and starts pushing weird stuff like "renewables" and CNG on an impoverished population whose cooking fuel is mostly still either kerosene or firewood.

5. Hire a central bank governor whose career at a certain international bank intersects very curiously with mine at a time when I was involved in illegal activity and laundering the proceeds through that bank. Naturally, he is 100% pliant and will do WHATEVER I want him to do without hesitation or pushback. And then...

6. Print money. Print it at a prodigious rate. Expand the money supply at a rate more than 3x that of what my predecessor did during the COVID years. Do all of this with zero parliamentary oversight, and spend money without any sort of appropriation or documentation. Literally print money out of thin air, purchase hard assets with it and watch the worthless fiat money disappear into the dark void of a 65% informal economy. Combined with devastating consumer inflation, an unprecedented cost of living crisis, crippling energy shortages caused by my new layers of corruption and weird energy policies, the national currency's value drops through the floor, falling 200% against the dollar in the 15 months I have had power.

7. Instead of working to build new regional export markets for my country's producers (which continue to function against all the odds), start throwing trade sanctions around ECOWAS and try to start a West African regional war on my country's northern border because France and America want me to. Where my predecessor attracted criticism for creating such close ties to our northern neighbour that he pushed for an economically unviable standard gauge rail line between both countries, I instead try to start a war with that neighbour and commit several violations of international law in the process - including possible war crimes. West Africa as a whole begins to pivot away from my country and my country's producers are left with zero export market and an impoverished local market that can't afford to buy anything.

8. PILE. ON. MORE. DEBT.
Take on loans from EVERYWHERE AND EVERYONE. IMF, World Bank, African Development Bank, Zenith Bank, LAPO Microfinance Bank, pension funds, retail investors, osusu thrift credit society, EVERYTHING. If anyone questions it, throw bullshit statistics like "Low debt-to-GDP ratio" at them.

9. During all this carnage, consume CONSPICUOUSLY. The old presidential S Class Maybach is no longer good enough. Get new armoured Cadillac Escalades for me and my vice. The old presidential jet fleet - already the largest in Africa - is no longer good enough. Buy a new customised Airbus A-300. Propose buying a presidential yacht. Expand your presidential convoy to about 5 minutes long, and make sure to inconvenience people with it EVERY SINGLE. DAY.

10. Spend billions on keeping the media quiet and funding ethnic polarisation on social media so that everybody's attention is kept focused on everything and everyone except me.

Congratulations 🎊

I have destroyed a potential global power on behalf of the US Department of State 🎊 👏 💐 🥳 🎊

Kobojunkieee:
Mr. Peter Obi [b]is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

Kobojunkie:
Mohammed Lawal is one of the many colossal failures of the last 25 years. Let's stop recycling obvious kakistocrats!

Kobojunkieee:
Bukola Saraki, both as the first democratic governor of Kwara State and as the Senate representative of the same people, is one of the many colossal failures of the last 25 years. Let's stop recycling obvious kakistocrats!

Kobojunkieee:
Dr. Orji Uzor Kalu, both as the first democratic governor of Abia State and as the Senate representative of the same people, is one of the many colossal failures of the last 25 years. Let's stop recycling obvious kakistocrats!

Kobojunkieee:
Former Vice President Atiku is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

Kobojunkieee:
Seyi Makinde is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

Kobojunkieee:
Governor Uba Sani is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

Kobojunkieee:
Former Vice President, Professor Yemi Osinbajo is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

Kobojunkieee:
Mr. Godwin Obaseki is one of the many colossal failures of the last 25 years. Let's stop recycling obvious Kakistocrats!

BrodaBenad:
EEDC is Enugu electricity distribution company

Alot of people use light to pump water

you lots are pathetic


Obi is your nightmare

remember he challenged you people to prove him stealing any public money till today you guys can't

Keep crying

Kobojunkieee:
He paid for the boreholes himself or it was instead funded by organizations and then he showed up to commission them?

Kobojunkieee:
But he did absolutely none of that. He is, after all is said and done, just another kakistocrat. 🤔

"This is the drinking water in Yauri local government area of kebbi state, Nigeria.

The funniest part of it is that you’ve to buy this contaminated water or else you won’t have access to water at all.

What’s the essence of the so called government/representatives if they can’t provide portable drinking water for the people. Is that too much to ask?

What a shame 🙃"

PETER OBI: "A recent news story attributed to the Executive Secretary of the National Universities Commission (NUC) regarding the decline in the standards of our university education has highlighted the significant challenges facing our education system.

According to the Executive Secretary, the situation requires the production of more PhD holders to address these issues. However, the Executive Secretary's solution overlooks several obstacles, such as the unnecessarily prolonged time it takes to obtain a PhD in Nigeria and the frustrating disparity between wages and the level of academic attainment in the country. Though deeply troubling, I wonder how he expects an increase in PhD holders when it takes a minimum of 10 years of dedicated study after secondary school to earn a PhD.

If fortunate, one might be employed as a Lecturer Grade 2 with a monthly salary of around ₦150,000, often paid irregularly, totaling N1,800,000 annually. In stark contrast, our legislators, whose required educational qualification is merely a secondary school certificate, receive a monthly salary of ₦21 million, which is more than 10 years salary of a PhD holder.
This disparity is the root of the problem. Additionally, legislators are provided with SUVs worth ₦160 million from the public purse. For a PhD holder to afford such a vehicle, it would take over 85 years of saving [b]every kobo earned. The solution lies in shifting our society from a consumption-driven mindset to a production-oriented approach, where hard work, innovation, and talent are valued and rewarded.[/b]

By prioritizing investment in education and innovation, we can create a system that celebrates knowledge, expertise, and dedication, rather than political positions and influence.

This transformation is essential to restoring Nigeria's former prestige in global education rankings and elevating the quality of our higher education system.

A new knowledge based Nigeria is indeed POssible.

opamoses1:
...

opamoses1:

Benin man has a message for the Igbo people 😒😒 pic.twitter.com/tpsGIVUVrd

— Bukky❤️ (@_callmebekky) August 16, 2024

opamoses1:
...

opamoses1:
Some Ibos are claiming edos are angry because Asue Ighodalo's wife is Ibo

opamoses1:
Your brothers here explaining how the fight started 👇

opamoses1:
Actually Reno said something about the Ibo insult on the Bini Oba too.

opamoses1:
After the video was recorded and posted, not a single Ibo leader has reacted.

opamoses1:
Same thing they are doing with the Monday sit at home killings.

kedeojo:
How do you know they are Benin's not igbo.

PressMyButton:
Out of thousands of bini that reacted on tiktok lambasting ibos, you selected four comments that gave you consolation. These four people may likely be married to ibos or one of their parents is ibo. But the majority of edo have given you a stern warning.

Tochi3:

festacman:
A highly anti-democratic bill that was conceived by a twisted mind. It sounded like what late Gen. Sani Abacha would churn out as a Decree.