₦airaland Forum

slyzy:
Figures don't lie.

When Buhari left office, Nigeria debt stood at ₦12Trillion. Within Tinubu's short rule the country's debt has ballooned to ₦152.40 Trillion and still counting

Mind you, subsidy has been removed. Where is the proceeds of subsidy going to warrant such wanton borrowing?

And If some of the borrowing are short term as u said, why does the total debt keeps going up instead coming down to level up as u want me to believe?

Guy, they are not ready to answer this question, someone else asked this same question before and they'll rather politicize the thread a d go on a praise singing journey of this administration than read analyze and be realistic in their discuss.....I am thinking as it's common here on Nairaland, some of these people are those in government or those who steadily benefit from this government are the ones who post these catchy topics to bait people to react do they can start rolling out their agenda of lies and praise singing of a terrible government 🤔

DeLaRue:
As the naira rises in value, the need for borrowing will reduce.

Economics is not a precise science where 1 + 1 always equal 2.

In a funny way, borrowing has indirectly actually contributed to the rise in the naira, though much less so than the reduction in imports.

1. Nigeria is able to borrow as much as it is doing because the international financial institutions rate Mr Tinubu's economic reforms. The World Bank is not a fool. They don't willingly lend to countries that will not be able to pay back. Under the last government, these institutions and other governments were reluctant to lend to Nigeria because they did not have confidence in our economy. Now they do, and contrary to the noise from opposition and part of the media, the current government has not borrowed too much, relative to the size of our economy.

2. By borrowing, at a cheap rate, this government has been able to reduce the depletion of the foreign reserves. This, in turn has given local and international investors some confidence in the naira. If the foreign reserve was at $33 billion, instead of the current level of $43 billion, naira would be hovering around N1800 or worse and be very unstable. Would you have preferred that to the government borrowing?

3. If a country needs to rapidly develop its infrastructure,like Nigeria desperately needs to, and doesn't have the money, then borrowing for that purpose is not a bad thing. I don't know which part of the country you are based in, but in my part of the country there are several gigantic road construction going on. I hope it is the same where you are.

Yes, you're right to be concerned about politicians piling on debt for future generations, however, it does appear on balance,that the loans are for good purposes.

Loans are not always a bad thing.

Mr Dangote's companies probably take more loans than any other companies in Nigeria, but they are also the most prosperous.

With politicians, you can never be sure about their motives, but I have a good feeling about Mr Tinubu and I believe he is the most competent leader Nigeria has had in 65 years of independence. Not perfect, but very good, especially with the economy.

Dude, I honestly thought you made sense in your last two analysis because of your transparency and clear presentation of the issue around our Naira crisis and effectively its ripple effect on the Nigerian economy....what I won't buy in this last post is your sudden excessive praise and exergerations of the performance of this administration and what Tinubu the best president Nigeria has had in 65 years?? what a joke What ignorant or blatant confidence led you on this path of mindless praise singing of a man and his Lagos boys who have impoverished Nigerians and on their watch, people can't get decent meals, people are not safe, getting kidnapped, robbed and mur.derexd ...insecurities at its worst with uncontrollable insurgencies, terrorism on the increase and agitation in every sector...to mention a few...
I won't even read a jot from you on this matter again if you try to double down...that will be soooooo insensitive and an insult to our collective sensibilities , no sentiments!!!

I don't support homicide of any sort......but they stopped "Minding their own business " when they accepted any form of offers from the guy......
Let the guy face the full weight of the law and let young people learn not to be in certain environments where they can be vulnerable.....and get unalived senselessly....May God strengthen their family and grant them speedy justice

helinues:
So far, the couple attempt is centered around Bayelsa state

Well done o Mr "Couple attempt"....shiorr!!!

Port8080:
This is a National embarrassment! He should have made due consultations before granting the pardon.

This govt has the worse records when it comes to policy Summersaults and knee-herk decisions....shame!🙄

OracleJay411:
THE PRESIDENT'S MEN

The power structure within Tinubu's administration is a complex web of formal positions and informal relationships based on decades of trust, loyalty, and political alliances. Key influential figures include:

Oluremi Tinubu (First Lady): As the president's wife and a former senator, she wields "soft power" and has a significant, influential role as a critical support system and proxy within the government's initiatives.

Kashim Shettima (Vice President): He plays a significant role, particularly in economic matters, and is a trusted confidant whom the President considers a key member of his "think-tank".

Femi Gbajabiamila (Chief of Staff): As a long-time mentee and the president's gatekeeper, he controls access to the President, manages appointments, and coordinates much of the presidency's operations, making him a central figure in the power structure.

Wale Edun (Minister of Finance and Coordinating Minister of the Economy) and Yemi Cardoso (Governor of the Central Bank of Nigeria): The government's economic policies largely revolve around these two figures, who are trusted by Tinubu from their time working together in the Lagos State government.

Nyesom Wike (Minister of the Federal Capital Territory - FCT): Though a member of the opposition party (PDP), Wike is one of the most powerful ministers due to his strong personal relationship with Tinubu and his control over the politics in the oil-rich Rivers State, which he has leveraged to the president's advantage.

Nuhu Ribadu (National Security Adviser): He is one of the few people who consistently has the President's ear on critical national security matters.

Seyi Tinubu: The President's son is also a power center, particularly among the youth demographic and some ministers who are said to defer to him on certain issues.

The pictures of the last two though....why their faces come burn like roasted corn wey tinubu forget for fire

dangermouse:
ln
Reno should be paid in his own coins.
Your private life is no longer private the moment you start attacking and dishing out false narratives about others to the public.

By so doing, you have opened doors for others to attack you either by agreeing or disagreeing with you on such attacks.

Chinua Achebe said that he who brings home an ant infested firewood is simply inviting lizards to feast at his house.

Reno should enjoy the feast with lizards.

Gbam!!!!
You deserve an award for this clear-minded contribution 👏

Kemetian:
Even if he didn't attend his dad's burial, so what?

Do you know what issues he had with his dad?

And what is that American guy's business?

Why reveal his personal family matters?

That dude is a terrible guy and a betrayer.

@Kemetian.....no put body for this matter o unless you ready with evidence...Mike Arnold is pressing necks from far away Texas

The real criminals here are:
1. The Cameroonian People
2. The People of Africa who stand and watch
3. The French government who perpetually benefit from this anomaly 🤔

giacomogiovanni:
You sabi your people.

No be today bro...been a Chelsea fan since 1996....
Been to Stamford bridge to watch our games every other year until this Ukraine war and the club stripped away from Roman Abramovich.....
We talk about the Coach but these set of boys give no joy at all...they're so darn predictable, Eyimba, Kano pillars etc can setup to beat them on a good day.....

Ekaka14:
Why do we concede so easily when we don't score a lot of goals...😒
We had better win this one...because I know these boys...they will think a draw is ok until Sunderland scores a winner

I TALK AM O!!

Why do we concede so easily when we don't score a lot of goals...😒
We had better win this one...because I know these boys...they will think a draw is ok until Sunderland scores a winner

Isokoboy:
i am sure that was not her intention..such is life

The law will definitely proof her intentions but she's made it easy for interpretation...
She set up that child to die....she even drugged tge child to sleep and she confessed its not first time anyways:

See some excerpts from Punch newspaper online below:

"....ABC News, in a report on Monday, noted that court documents revealed that Oluwasikemi died on July 1 after being left in the vehicle for more than eight hours on a 99-degree day while her mother went to work at a manufacturing plant nearby.

It explained that Gbemisola reportedly arrived at work around 5:45 a.m., leaving her daughter in the car with food, a rechargeable fan, ice cubes, and water, and lowered the car’s back windows halfway and gave the child melatonin to help her sleep.

When she returned to the car around 1:53 p.m., after finishing her shift, the mother found her daughter unresponsive and blue, after which she screamed for help."

I watched that match with lots of joy and respect for the Morrocans...they were so clinical in front of goal but their over confident opponents who had over 70% possession were clearly profligate in front of goal and they paid dearly ....overall, a well deserved win for Morroco! Another clear sign that they have enough talent in their football pipeline to showcase come next World up!

Almunjid:
If a politician doesn't play political games, what else do you expect him or her to play? Play football? Every Nigerian politician, without exception, is manipulating politics for personal gain, jeopardizing our collective future.

Peace!

@almunjid, He actually used the Word "with EVERYTHING" ....which means there are somethings that should warrant us pulling out or Moral lenses, application of mercy with some balance so Justice is not Jeopardized...It also means consulting the right people to advise on matters like this so that Justice is not just served but seen to be served....got it?

This tinted glass issue never goes away in Nigeria....its a shame the police has made this a cash cow since the past 20 year +.....and its the common man on the street thst bears the brunt of this shameful policy...

Going forward...to successfully execute the Continental and Intercontinental legs we will need the following:
1. Understanding the task ahead and the specific challenges analysed by the team handlers and communicated clearly to the boys
2. Concentration, focus intentionality, resilience and personsl discipline from the boys
3. Tactical Discipline ( don't under rate your opponents, don't rule out questionable officiating, our Players must remain professional and not get in the face of referees and match officials, no consistent fouling resulting in cards), strategy and optionality for executing each match as they come and according to the data we have gathered about each of these opponents especially the African Teams.
4. Improve our attacking play, ball transition. Use our traditional wing play as required, Staying clinical in front of goals ( this has been one of our biggest headaches)
5. Manage our defence line very well and improved communication between our now troublesome Nwabali and his defence line
6. The coaching crew to continue to read the game and make the correct call when it comes to making changes
7. Hoping none of our key 1st team players suffer injury, fatigue or loss of form...
8. Think about a good pair for our attacking line, a solid midfield & defending midfield to shield our defence from opponent teams with fast players who break very quickly behind our defence lines
9. We need prayers and for things to generally work in our favor ( just like SA point deduction and Eretria pulling out)...

You can see that he also understands the assignment look at him smiling like a he goat about to be roasted as he's dragged to the slaughter with a piece of yam in its mouth...tufiakwa, oshi-koshi, tuehhh for political prostitutes....who are afraid to remain as opposition....in Nigeria, weather APC o. PDP o..ADC o ..Labour o...all of them na the same...anywhere belle face!!

Going forward...to successfully execute the Continental and Intercontinental legs we will need the following:
1. Understanding the task ahead and the specific challenges analysed by the team handlers and communicated clearly to the boys
2. Concentration, focus intentionality, resilience and personsl discipline from the boys
3. Tactical Discipline ( don't under rate your opponents, don't rule out questionable officiation, our Players must remain professional and not get in the face of referees and match officials, no consistent fouling resulting in cards), strategy and optionality for executing each match as they come and according to the data we have gathered about each of these opponents especially the African Teams.
4. Improve our attacking play, ball transition. Use our traditional wing play as required, Staying clinical in front of goals ( this has been one of our biggest headaches)
5. Manage our defence line very well and improved communication between our now troublesome Nwabali and his defence line
6. The coaching crew to continue to read the game and make the correct call when it comes to making changes
7. Hoping none of our key 1st team players suffer injury, fatigue or loss of form...
8. Think about a good pair for our attacking line, a solid midfield & defending midfield to shield our defence from opponent teams with fast players who break very quickly behind our defence lines
9. We need prayers and for things to generally work in our favor ( just like SA point deduction and Eretria pulling out)...

malali:
This is precisely why I keep arguing that Nigeria’s “rebased” GDP figures are artificially inflated.

Where exactly is the growth in that GDP supposed to be coming from?

They claim it’s from non-oil revenues, especially remittances, but let’s be honest. How much are Nigerians abroad really remitting these days? Many of them are grappling with their own financial constraints: higher rents, rising mortgage rates, inflation, and employment instability in their host countries.

If we strip away the statistical cosmetics, the picture of the real economy becomes painfully clear, stagnant productivity, low industrial output, and declining purchasing power.

President Tinubu’s administration must be transparent about the true state of Nigeria’s economy. Otherwise, we risk repeating Buhari’s scenario , where artificial exchange-rate stability gave way to a sharp currency devaluation at the end of the tenure.

It’s better to align our economic indicators with reality now, rather than face another forced correction later.

Super.... well thought out and excellently delivered!!!!👌👍
I will curate this and refer to it as often as possible!!

Ofunaofu:
https://dailytrust.com/hardship-will-soon-be-over-shettima-assures-nigerians/

This mannnnn!!!!!!... didn't even mention INTERNAL SECURITY of the most deadly monster staring Nigerians in the face everyday!!
Na wao....!!!

ppogba:
Watching this team play, one is tempted to agree with the school of thought that says this particular team is one of the worst Eagles ever.

* Zero sense of urgency all because of leading with a single goal.

* Zero link up play between all the departments of the team.

* ALL BALL TO OSIMHEN.

We will all watch the WC on TV together.

What do you expect...he's the only person on that pitch that can make lemonade out of lemons at this stage...

Thry grabbed it, snatched it and ran away with it ...that's how they do in Jagarigging ban bro...

bobochem:
Nigeria should just soft pad for Benin🇧🇯

If we no score another before end of this half..Benin will fight back and get a draw or even win due to red card to super chickens

Nazgul:
Scores update.

South Africa 2

Rwanda 0

This is how business-like people do it...not like our own tolo-tolo wey nor know how to fly..
Sa will still score. It will end in 3 or 4-0

Great100000:
Most Peaceful and Nicest First Eleven?

Sarcasm in its purest form this one...

First is the appointment of a "NEC-less" INEC boss to organise and set the scene....next is ...settling of Heads of courts....so Abuja is atleast secured in the bag after that shocker in last elections..

2027 war chest and key players in the game of "grab it, snatch it and run with it" .....make we see how that one go play out 🤔

Wait o...so 100km of that road go be circa $517, 241,379.310....na wao see money!!!

So 700km = circa $3.6billion dollars

thatigboman:
Having classmates is not proof that your certificate is authentic. It is only the issuing authority that confirms the authenticity of your certificate not your classmates.
Let me give you some true and examples that I have personally witnessed.
1. When I was in university, I went to visit a friend at Bida Polytechnics and spent a couple of nights with him in his hostel. The room was congested. Chai, even me that had 8 roommates in a big room in my uni and was complaining we were too many say about 15 or 16 people crammed into a small room. When I got to know the roommates, I asked my friend what they studying. See magic. A was studying course A before now studying course B, this was studying this now that. I asked of a particular guy, the loudest in the room, he say the guy has been in the room for more than2 years but nobody knows what he is studying.
2. Same uni, I visited a friend in unijos , staying off campus. Asked of what they studying friends visiting were studying, another story. Most of them have been in school for more than 6 years studying 4 year course. I asked of a particular that came time that looked like a political, from south south, they say that one has been in unijos for 15 years, married with children. It’s later I found out that my friend and all his friends were cultists.
3. I was involved in certification verification of a newly employed staff that schooled in a state poly in the same state and he’s from there too. The school confirmed he schooled there but they were not that issued him the certificate. The funny thing is that the staff joined us with OND and said he even did HND in the same school but has not collected the certificate. When asked he confessed he had an issue so a lecturer helped him and gave him statement of result. He was dismissed.
And so many others. Coursemate doesn’t authenticate your result, the issuing authority does.

You missed Seun's point and completely missed his "intended pun"...that line carried weightier connotations in the Nigeria n political space than this your long writeup i assure you

This boy, im market area sister and im papa na only local tribal, regional,, cronish and religious politics dem sabi play...

phransix2:
Wetin coastal road dey talk?

No name wey una never call that izan or abi na owiakpo...abeg edo make una help me out since "A new sheriff in town" friend din dey give us headache again

They can't even keep a clean sheet...they've conceeded 8 goals and scored a paltry 11...
That cone-head of a goalkeeper is also gradually becoming a problem to that team. If we don't get a goal keeper that can retire him before the AFCON ...then we will pay dearly...I bet you we will be humiliated and won't make it out of the group stages...
if by a stroke of luck we qualify for worldcup because South Africa and Benin slip up and we take these bunch of chickens and this overated egotistic gosl keeper to worldcup...y'all will see how they'd open him up and even aggravate him to pickup red cards...that guy thinks he's arrived and the whole world is his little club in South Africa

Look at the goal yesterday for crying out loud, if you cone all the way to punch the ball out...then you have to communicate that clearly to the defence line...and he can say that in pidgin, yoruba, Igbo or hausa and the boys will hear him......that boy is becoming too complacent and acting silly ...I tell y'all