₦airaland Forum

How can people be hungry and government will not want them to say it out

nnachukz:
No matter how the report pretends to shield staff of those affected MDA from job lost, there will still be job losses if cost is going to be significantly cut? The masses will always be the ones to bear the excruciating sacrifices.

Yes job loss for board members of all affected MDAs.
They are all politicians and they don't earn minimum wage.
That is the wastage the report is trying to block

horsepower102:
Always arbitrary reasons. They make up rules unless you bribe them well.

Get a copy of banned goods by CBN that you cannot import. CBN won't give you dollars to import them but yet you went to BDC to get dollars and import.
Now your import was seized and you are angry seeing it being distributed to Nigerians

Tinubu chose to fight the few corrupt indirectly by punishing everybody.

For example:

1. Subsidy removal
2. Floating of the naira

The target are now suffering but the masses are the worst of it simply because he failed in ensuring that the consequencial effect of his policies has a workable masses driven palliative to cushion it.

Economics principles don't work in Nigeria.
IMF etc with all their Cambridge economist's advice to Nigeria always plunge us into greater crisis

Peg $1 to N1, corruption will still frustrate it into a worst policy decision that will make all Nigerians to suffer hardship while a few will be making billions from it.

Allow market forces to determine the rate then corruption will plunge the country into hunger as we can now see.

What CBN is doing in my opinion is to ensure currency spectators no longer make profit. The more they increase exchange rate for profit, the more CBN increase/raise the official rate to meet up. Hence no room for round tripping. In the long run, they will be tired of dollar business when it is no longer profitable. But, the consequences of such policy is the resultant inflation and hunger across the country that no one is willing to be patient.
Nigerians needed to feed and stay alive first.

tollyboy5:
This is not enough. They should put more restrictions or ban them totally.

You want lazy aboki to revolt?
They are used to easy huge profit and you expect gov. to stop them suddenly without them fighting back?

TruthsFM:
I hope it get to the masses directly. Why can’t they sell the rice to the masses directly

Don't bother yourself.
Anything like this from government is not for the masses
Even if tinubu mean well, the system won't allow the masses to benefit

The rice is not even enough for family members of custom officers at Lagos alone not to talk of their ogas in Abuja and politicians who would also be interested in cheap Rice. Then business men and women with large pocket to bribe are also interested. So how do you expect the common man to benefit?

You cleared off the man with an incredible speed to the extent that you can't find the body anywhere close to the road.
I've had several situations where someone will suddenly drift onto the road unexpectedly but driving at a sane speed always allow for a Swift and effective reaction to avoid a collision and I always thank God for His mercies

That of your own is manslaughter with a cosmetic attempt to evade punishment from God and man.

chopnaira:
I hope PO was sent an invite LMAO

He should be in Egypt to understudy a low budget geometric

Crimecity:
And you want foreign investors from other countries in your country?

See the e-diots supporting Tinubu

Who foreign investor epp?

This is the main disadvantage of sacking a police officer especially SARS and then allow him to go and leave among the people.

These type of people after sack should be drafted into the Frontline of the army fighting terrorist in the forest.

Ogiame:
Best served directly from the oven with Blue Band

I wonder what the taste of blue band looks like now.
I can imagine the high cost that would be attached to it at ShopRite now

insidelife22:
Allow other investors in the cement industry for competitions, and watch demand and supply determine the cost.

I think economics as a subject should be proscribed in Nigeria.

It does not work here

Are we too blind to see it?

Assuming all European countries are visa free for Nigerians and transportation is a free one way ticket.

If tinubu still has anyone left in Nigeria to govern after 48hours then it has to be dangote and the likes

Poverty is the only reason we are still plenty here.
Government knew this truth and they prefer Nigerians to remain poor for them to remain relevant

All those chanting that the owner should be investigated forgot that the owner as mentioned in the story is not resident in the slum like them.

Why is it that Poor people always feel anyone comfortable in Nigeria is a thief.

Even when police stops your vehicle and you are looking fresh in their eyes, you are automatically a criminal!
Haba!

nlfpmod:
Atedo Peterside

Previous thread https://www.nairaland.com/8002490/fg-seals-off-sahad-store#128482783

Who told you investors are coming,?

To come and run generator with expensive fuel?

Finesse247:
The status quo will remain until Nigeria stops doing the bidding of IMF and world bank. Developed economies don't mean well for Nigeria. Imagine when 1 Naira was 1 Dollar in the 70s IMF said Nigeria should devalue Naira and we have 1600 Naira to 1 Dollar in 2024 now.
But what can we do when the govt has borrowed billion of doollars from these world bodies and are bound to do their bidding.
We need a drastic change. Tinubu is worsening the situation and seems clueless with his team. All indicators and not helping the masses.

When will IMF persuade America to devalue $?
Why always Naira?

mcbreeze:
Guessing work.
FG should work on our export. All this will stop

Are we not the largest exporter of churches in the world?
Does that stopped anything?

What else can we export if not corruption and Wickedness?
Unfortunately, no one is willing to buy from Nigeria

taiwolomo1:
Can CBN allow us to make dollar transactions with naira card like before!!?. At least. That will reduce pressure on dollars to run international affairs. I still remember using my naira card to purchase goods on Alibaba in the past and they remove the dollar equivalent. Why was it stop!?? An economist in the house should explain this

The damage CBN and emefiele did to Nigerians should be documented in the Guinness book of records.

Everything was tailored towards impoverishing Nigerians.

AliExpress, Amazon etc will list their items in naira and we need to get dollars to pay because of CBN.

The naira was assassinated at CBN

happney65:
In 2015. We told them in simple and basic English.

You do not remove a nagging wife which was GEJ and replace her with a road side prostitute. It was the analogy I gave them.

I told my friends voting for these people then that you do not on no occasion vote for a Buhari.

A Buhari is the road side prostitute who will sleep with your neighbors and friends.

Either you replace GEJ with someone better or you leave him there. The ones coming will make things worst for us. His antecedents are glaring.

But with stupid emotions,they didn't listen so some of us stayed away from the polls in 2015. I wasn't ready to vote for GEJ again,but it would be over my dead body I would vote for Buhari because I know who exactly he was.

Coming down to 2023, The one taking over from him was even worst than him. All he said was Emilokan. He never promised us anything whatsoever.

It was just about him and his EGO. While a candidate was telling you and telling us we have to move from consumption to production. Mr Emilokan proudly said " shey na statistics we go chop"

How a presidential candidate can say that and so callee educated people still voted and campaigned for him is one of the wonders of the 21st century

24hours before his inaguration. I said it in black and white on my status that he will be worst than Buhari. Apart from the fact that he said he would continue from where Buhari stopped, Himself and Buhari are nothing but birds of the same feather

The Economy that was the fastest growing in Africa when they got power,has turned to the poverty capital of the world and our people are now poorer than they have ever been since 1960

See,This is just the beginning. We haven't started and we haven't seen anything yet at all

Brace up fellow Nigerians!

So you think this same APC people will remain as opposition for long without turning the country upside down?

iwaeda:
Do you know what deregulation means. Go and wash your head. If you remove subsidy it means market forces determine the price.

That is what you people keep hiding behind.
Market forces!

Dollar, market forces!
Petrol, market forces!
Food inflation, market forces!

Too blind to see that wicked corrupt forces are responsible for all these woes

They get richer while you blame market forces with empty stomach.

Go and google it.
Petrol landing cost in Nigeria today is about N1000.

How come you still buy at a lesser price if there is no subsidy according to your deregulation story

Go and see the doctor I recommended immediately you realize your error from Google search

laughitall:
Rest !

No problem

You will soon buy $1 for N2000 and 1liter of petrol at N1000
You will also be told to rest if you
dare complain

robinso01:
If e no go reduces the price of fuel in 9ja ,make e Bleep off . Mtchew

Nigeria borrowed money from all over the world that we can't pay back in the next 100 years.

Emefiele pumped it into dangote refinery through the backdoor

You want dangote to Bleep off with our commonwealth?

Landing cost of petrol is now N1000
We can't buy it as Nigerians but dangote can sell it in dollars outside Nigeria to make profit.

Who loses?

I am beginning to think that the mandate given to the CBN governor is to frustrate Nigerians trying to japa.

Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.

When we get to 5000. Naira, everyone go rest

iwaeda:
Yet they claimed , subsidy is gone. What a set of insincere leaders. Liars and falsehood spreaders.

Can you pay 1000/liter?
If no, then u need to see psychiatrist if truly u want govt to be sincere by increasing pump price to 1000 for u to be satisfied

Most of the economist who commented so far failed to understand that Nigeria is a peculiar place where economic principles will always fail because of the type of people the corrupt system had produced over the years.

Likewise, US & UK will never devalue their own currency but will always encourage us to do so using the same economic principles we are all quoting as a bait.

Allow death penalty to fight corruption like Japan or china and see what Nigeria will become in 4 years.

sukkot:
he is expensive ooo

Tinubu can pay

sukkot:
Hmmm. That Nigerian coach is good. We should retain him . He is Portuguese ? They said he was Mexican . Hmmm

No
We want mourinho

Blueelf:
Abeg, where is Bryan Idowu? I Feel he has a lot to offer

Yes and taye taiwo

Brendaniel:
This people are funny o, you fined them 10 billion for over billing unmetered customers, why not fine them to make refunds to the customers or convert it to energy units for them.

And you think you won't cough out double of what was refunded to you if you truly gets a refund at all.

Civetcat:
“Our food products are the cheapest around the neighbourhood,” Senator Kyari declared.

So produce more . This is exactly what the policy is supposed to do. More exports means more forex and the inability of farmers from neighbouring to compete on price . Kick this one out already

you don't get it.
Even if you produce x10, a poor man in neighboring countries can afford to buy 9 of it while a rich man in Nigeria cannot buy 1 in other countries.
The naira is of no value

That is the main issue