princemaths: who said they were govt farms. I said govt should invest in food you're talking of farms. Govt owning farms won't do anything to the price, don't know why your brain is too dull to understand this. Price is determined by cost.
Investment means things like Subsidy, grant, security to farmers, machinery needs to be made on it to reduce the cost.
Nigeria has most hungry people in the world because the price of food is too high. In the US govt invest in food.
It's same thing with Libya, their govt subsides everything. So it's very cheap. Fuel in Libya is N50 not because everybody there own minning rig but because govt there pay Subsidy on fuel.
Fuel can be imported from anywhere same with food.
Why then did you attack me for taking a position you now claim to support? All I said before you attacked was suggesting that the government should provide more incentives to our farmers and agriculture in general.
princemaths: do you think I really have the time trying to prove an obvious point to a moronic element like you?
I already told you the US govt pays huge subsidy on food every year and you're talking about owning farms. See how stuppid you're.
For all they care they can import food from Mexico and subside it. Hunger problem in Nigeria isn't caused by lack of farmers but cost of farming.
Nigeria has 40million farmers compared to US 3 million. The US govt largely invests in farming/food but Nigeria govt doesn't care and want the citizens to do everything so they can tax then and idiiots like you are comfortable with and will be defending it.
I know too well you're eager to stupidly defend a useless govt so I'll leave you alone to bask in your stupidity. I'm too busy for some useless arguments.
You are slow. These are not government farms, they are private companies that got government subsidies. The same thing I was saying but you are obviously unable to understand what you read.
ehikwe22: Playing pr stunts with life of his soldiers. Zelensky is very wicked for sending his soldiers to die just to embarrass Putin. You can't embarass a tactician. Putin doesn't work by emotions. He's pragmatic and practical
More Russians are dying than the Ukrainians. Putin is not wicked for killing thousands every month? All for what?
Baxilexi: The evil of the Nigerian mind knows no bounds.
Now to the topic, if you analyze the demographics of the kind of people that turned up for the palliatives they’re considered unemployables.
Drug addicts, high school dropouts, illegal migrants, previously convicted felons and their likes. In contrast to Nigeria, able bodied, hardworking unemployed and underemployed people struggle for palliatives.
For how long would we continue to settle for a place at the bottom of the barrel or vie to break infamous records? Please look up bürgergeld.
Samantha125: The post is very true... Sometimes some of us ladies would be labelling men trash because we'd be in denial of the fact that we have a trashy taste in men.
I have this one sister who hasn't been lucky in relationships to a point that the family started looking down on her and regarded her as the black sheep of the family for being in multiple failed relationships... Because two of us are married to our high school boyfriends while one is married to her varsity boyfriend.
She's the only one with multiple failed relationships together with two kids from two different baby daddies... All her exes treated her like trash and her baby daddies don't even care about the kids... I once even confronted one of them for abandoning his own child, but the guy didn't seem to care... My sister was still willing to do anything to continue being with these guys until they finally ghosted her.
Now she's engaged to this wonderful man who was willing to overlook her flaws and adopt her children as his own, the guy's family also love her, but this sister of mine has all of a sudden started growing some wings and taking the guy's goodness for granted... Sometimes she'd be acting as if she's doing him a favour by being with him and I don't like it one bit, but there's nothing I can do.
She lied to the guy about her monthly salary and immediately they got engaged, she asked me to open a second savings account from another bank so that every month she could deposit a certain amount from her monthly salary into the account just so the guy can continue giving her that monthly allowance... If it happens that she wants something and the guy is short of cash, she'd then ask me to sent her a certain amount from that same account, so it can seem as if I'm the one who borrowed her the money because the account was registered in my personal details... I tried talking her out of it, but she wouldn't take a no for an answer.
When the guy asks her where she got the money, she'd lie by telling him that she borrowed it from me knowing very well that the guy would start feeling bad and looking for a way to repay me, but the truth is that, that money never gets to me... She'll spent it on herself... Now the guy recently bought a new car and my sister is already planning on manipulating him into giving her the car.
She's just a bad person, period. Who wants to stay with a liar? The new guy is going to get tired if her as well.
Government owned businesses cannot work in Nigeria. Government should consider selling it off and cut our losses. That plant is an embarrassment at this point.
Maximeo: Now, I know and confirm you're shameful of your drug dealer baptised name BATidiot, and OPC rascal and Oduduwa your shameless forefathers believe to be their God that fell from the sky
Pretentious tribe that lie they love Nigeria by voting and supporting a crook who destroyed and killed young Americans by selling narcotics.
Your tribe is real enemies of Nigeria. All your people want is Oduduwa Republic. Now Tinubu rig election and appointed Yorubas in all posts you all are pretending to want one Nigeria and love Nigeria.
OPC, Skull Miners, Oduduwa Republic Miscreants, Yoruba Nation Ode, BATidiots, are names you and your useless tribe gave yourselves and are happy to be identified as such.
Your common criminal, Chicago Drug Dealer, alpha beta, bullion van crook called Tinubu is the worst demarketer of Nigeria.
I didn't know you are so ashamed of being referred to by the name you freely chose for yourself! Ipob/Obidients.....Enemies of Nigeria.
Calitoscassius: What is your point? I could understand what exactly you are trying soo hard to articulate. You label your fellow Naigeerians Ipob and Obidients. yet against demarketing Naigerria. What would i think as a foreigner reading your cooments that puts down your fellow country people by calling them Ipob and Obdidients? so calling your fellow Naigeerians IPob is not demarketing your country?
You gave example with Indians but you are comfortable calling your own country people IPoB and Obidients.
You are clearly the person with a mental health problem. Calling your country people names is also self hating and low IQ.
You are a morron!
Ipob and Obidients are names they gave themselves and they are happy to be identified as such. These are the people who run Nigeria down at at given opportunity.
Mugu44: Ooni should stop being petty. If a woman rejects you, move on.
Witch hunting her shows that you haven't gotten over her and she is bigger than you.
Ooni? What is wrong with people these days? Did Ooni kill 35 kids through negligence? As much as she had good intentions I hope the court will show mercy on her. But this has nothing to do with Ooni.
kaltonga: As he destroyed the economy with one speech", SUBSIDY IS GONE", Let him restore the naira back to 200 naira with his so called great interview.
Those three words saved Nigeria from bankruptcy. Obidients are not used to positive news like this.
BigIyanga: Obj inherited $2bn foreign reserves and grew it to $45bn Obj inherited over $67bn debt owed to World Bank/IMF and co. He paid it off. Obj inherited only 500k telephone lines, he grew it to 70m lines. Obj inherited no EFCC, NDDC,NAFDAC, ICPC, DMO etc. but he founded and nurtured them.
Tell us what the current administration inherited as compared with Obj. Mobile technology would have come anyway regardless of who was the president. Obj inherited $36 billion in foreign debt not $67 billion, I don't know where you got that figure.
asanausana91: as foolish as you sound I believe you don't know that the devaluation of the currency is one of the policy of this evil government. You illiterates should ask questions before writing rubbish on the media.
Don't discuss what is above your pay grade. Stay with saying the nonsense you are accustomed to like the current price of onions. It is irritating when illiterates like you try to discuss the economy when you don't even understand basic of economics. Merry Christmas though.
mrvitalis: What exactly is your point? Tell me if Israel have a fertile land... Would they need to do that?
Why come to IMO when you have Niger state? It's stupidity
Exactly, if they can do all of this in such an environment then someone like you living in one of the most favorable places on earth should have no excuse. I was reffering to the lame excuses you were giving earlier, why not IMO? Why not Imo and some other places?
mrvitalis: Israel have limit to what they can grow based on climate and limited by land size
Example makes no sense for isreal to allocate massive land ro wheat or corn which they can easily import .or Sugar cane?
Israel has a Mediterranean climate suitable for things like date, apple, grapes citrus, tomatoes , olives, and hazz avocado etc
A plot of land in IMO can buy you hectares in Niger.. A cow need one hectares to graze comfortably
Why on earth would any sane person dicide to raise cow in IMO instead of Niger then export to IMO
And they do all of these on lands irrigated by desalinated water from the sea. They could have thrown their hands up, blame nature, complain of no rain or rivers and starve.
mrvitalis: Bros you obviously don't know what comparative advantage means
Sha grow your cows in Niger... Niger state is twice South East... They can give up land as big as IMO and not feel it
Now I don't know what a comparative advantage means! Why are you always predictable? Once you start to lose and argument you start saying nonsense. What comparative advantage does a desert country have to produce and export food? Perhaps the advantage is that they use their brains to become master of their environment while others complain. Our land is small, like Israel is one of the largest countries on earth.
mrvitalis: Yes is real export what they have comparative advantage to grow Same Israel imported over 7 billion dollars worth of food in 2020
Cows can't grow in the east we have our own local dwarf cows
Isreal has no comparative advantage in growing crops. What they are doing is simply human ingenuity, using what you have to get what you want. Yes, they import food but still grow enough for export and most importantly they are not hungry. I can name at least 100 crops in which we have a comparative advantage why are we not producing enough for our own consumption not to mention for export.
mrvitalis: I don't know why anyone would want to set up a cattle ranch in IMO state for heavens sake
1) land is scarce 2) the climate is bad for cows 3) the people have categorically stated they don't want it
We all know setting up ranch in IMO would lead to death of people, we all know it would be attacked , we all know the villagers would protest
In the words of David Mark the people have a right to reject even what you think is good for them
Everything is impossible for the black man even when a desert country of Israel is set to export over 2 billion dollars worth of food next year. Think, think and think.
Hotspurs: 12 billion dollar wouldnt do anything to this present economy as the drug baron and his gang of thieves will embezzle the whole 12, with nothing reaching the citizen
Addme: Aare Are Babalola should please let this slide and forget this whole thing for now.
I believe Uncle Dele has learnt his lesson .
I don't think he should. A good name is worth more than gold. Let Dele Farotimi prove his allegations. Letting is slide will be taken by some as evidence of his guilt.
kettykings: .This is not merely a question of oil revenue; it is a testament to the power of assembling a competent and visionary economic team.
During Obasanjo's administration, his carefully selected team, armed with profound insights into both global and local economic dynamics, laid the foundation for transformative growth. Obasanjo understood the critical importance of leveraging human capital to drive systemic reforms.
Had he faced the current challenges in the telecommunications sector, now almost on the verge of collapse, Obasanjo would have brought in the best minds to reengineer and revitalize the industry.
under the principles of "Soludo-nomics," his administration turned a stagnant banking industry into a continental giant, driving stability and growth through consolidation. Selling Nigeria's crude oil would have been the least of his challenges; with the finest experts at his disposal, he would have prioritized expanding and modernizing the oil and gas industry to deliver sustainable growth.
The real issue with Tinubu’s administration is not a lack of resources but a mindset problem. He is suffering from inability to recognize that solutions begin with building a competent and visionary team.
However, how Tinubu addresses this fundamental flaw remains the most pressing challenge.
Tinubu does not have the requisite manpower required to turn Nigeria around or drive it forward. He doesn't have a high traction team
Everything depends on revenue, from oil or otherwise. Obasanjo was able to pay $12 billion in order to get some debt written off. Can you imagine what $12 billion dollars would do to the economy right now?
The country and the economy are in a more different situation than when Obasanjo was president. You can't objectively compare the two. If the country doesn't have any money to play with you can bring all the experts in the world and the economy will still require some time to get back on track.
kettykings: What aan achievement of a most unfortunate kind. This encapsulates the harsh reality of negative growth, stagnation, and outright retrogression in one breath.
For context and comparison, during Obasanjo's administration, Nigeria witnessed unparalleled economic strides: billionaires emerged in record numbers, the telecommunications sector experienced unprecedented growth, and the banking industry soared to the world stage to become one of the fastest-growing in the world. Fast forward to the current APC-led regime, and the narrative has changed dramatically.
A lot of people then moved from Honda to rolls royce and from commercial flights to private jets.
We now find ourselves in an era where survival trumps progress. The socio-economic landscape paints a grim picture: individuals once driving rolls royce cars now trading them for Honda,
Honda owners relinquish their vehicles for tricycles, tricycle owners trade down to motorcycles, and those on motorcycles abandon them to join the ranks of those trekking. This chain of devaluation mirrors a larger systemic collapse, a regression from ambition to subsistence.
Is the country currently earning anything close to the oil revenue available to Obasanjo's administration?
Food › Re: What I Bought With 9,500 Naira In Russia by ElSudani: 8:45pm On Dec 29, 2024
I said govt should invest in food you're talking of farms. Govt owning farms won't do anything to the price, don't know why your brain is too dull to understand this. Price is determined by cost. 
