₦airaland Forum

Rossikki:
Excellent points. But I will posit that it is the very lack of a diversification mentality or outlook - even among the populace - that gives room for the corruption that hampers infrastructural development. If the country believed strongly it needed to diversify, it would put the infrastructure in place to do so. Do you get what I'm saying?

But if it DOESN'T have that strong passion for diversification, it, or rather, its officials, will regard infrastructural projects as 'dispensable', something to be used as an avenue for self-enrichment, etc, since there is a lack of vision. The idle mind as they say, is the playground of the devil.

So, the way we get to REDUCE the corruption itself is for us to vociferously demand DIVERSIFICATION, which will then COMPEL the govt to build the infrastructure required for it.

Bro, this your thesis makes little sense. Diversification does not appear from thin air. It cost a lot of money to diversify. If the money that should be used to spur diversification is being wacked, how will we diversify? Corruption is Nigeria's biggest problem. I'm a firm believer in the maxim, if you are not faithful with little, you won't be faithful with much. A country that will transform completely when it has relatively high revenue, will already be showing unmistakable signs of progress with low revenue. Many of the countries below Nigeria on the revenue list you provided are far better than Nigeria, why?

All these Atiku fans are delusional. Obasanjo is obviously talking about Oby Ezekwesili. Use your head guys.

Interesting

Atiku don buy Ben Bruce

Fake news

Only illiterates will fall for this silly write-up. How will Fashola spend money when there was a shortfall and no money was released for the bridge and many other projects. Now that they seem more determined to build the bridge and more money is coming into Nigeria's coffers to execute projects, legislooters reduced the bridge money in the budget.

mekaboy:
Where is the CHANGE?

This is why we need to restructure. Let every region fix their roads. Let's see how they will control regional revenue from ABUJA.

Abeg make we hear word. What makes you think the legislators from the regions won't do exactly what the current legislators are doing? Open your eyes. These current legislators are not from Mars..

You better send him to his room. At 6 months, he needs to start sleeping in his own room otherwise say good bye to your sex life.

mekaboy:
That is the wrong foundation. UK exited for their gain and not to destroy any tribe.

Guy, why we you even entertaining the notion that UK exiting EU is like Biafra secession. UK exiting EU is like Nigeria exiting Ecowas.

Nowhere in the quote attributed to Lai did he say Buhari was very healthy.

Young Nigerians, learn to read beyond the silly headlines

Chukazu:
They can't look inward until the revenue dries up. Even if it has dwindled, at least they still collect enough to embezzle.

Think of it... If you make a law that makes it impossible for Governors not to have access to the treasury, no single governor would want to contest for elections... So you complain about recession, but they keep feeding their fat bellies

Then you have to be ready for thousands of people to die. Ordinary recession, governors could not pay 8 months salary talkless of taking the money away permanently

Chukazu:
True federalism is actually the solution to the problem, in that states and regions would be forced to look inward.. And we may end up seeing states merger just like we had in the banking industry. But for now everyone goes to Abuja for monthly federal allocation and our governors have become lazy

So how come they haven't been forced to look inwards during the recession when revenues from Abuja dwindled, especially last year?

I hope all you clowns shouting Federalism really have your eyes open...

BlowBack:
The monies recovered from a luxurious flat in Ikoyi by the EFCC have a print date of 2016.

The notes are also serially numbered which has put their source directly from the CBN and during the reign of Chanji!

Now who will have access to forex during the harsh forex regime of 2016 other than those very powerful in this govt?

Those behind the wharehousing of the huge amount of forex at the osbourne flat are very connected or and in this govt.

Every attempt to deflect to the last administration is dead on arrival

Lying fool..

I hope he is only doing it on a part time basis and has not quit his real job.. Doing that type of work in Nigeria is not for the faint hearted

Obasanjo is not on twitter...

It's obvious Suleman has paid Reno to defend him

Farooq is a liar and an slowpoke. The 40 paid bloggers happened under GEJ not Buhari. We all remember when the 40 laptop crew coordinated Reno invaded Nairaland

PapaBaby:
His choice of words bro! smacks of fear and timidity.

Your choice of words smacks of idiocy and imbecility

Reno is a slowpoke. Emefailure appointed by GEJ is responsible for the abysmal exchange rate..

Fake news...

It's been confirmed that's not Lai Mohammed. It's someone impersonating him on Twitter

BiafraBushBoy:
What about Dollars and inflation?

Or you want to eat bokoharam?

You have to be alive to eat

Reads like fake news...

Nobody will give them squat until they get the silly Emefiele to fix the forex situation

obiageIi:
I agree with some of your points but below is what a serious government would have done

Honestly I fail to see how that would have made any difference. The militants are largely politically sponsored that were hell bent on sabotaging Buhari. The rest are common miscreants that are looking to make money.

The herdsmen issue is an economic problem. The solution is cracking down on them on one hand and providing them with an alternative on the other hand. Common talk won't solve the problem.

Now don't get me wrong. The economy is currently abysmal and the buck stops at Buhari, no two ways about it. He has not been nowhere near as effective as he needs to be. But GEJ is a complete non starter. He was and remains a complete buffoon

obiageIi:
That i feel Buhari is failing does not mean Gej would have been any better. My problem is i haven't seen a decisive action from this government to get us out of this recession, heck we could have avoided it if the president hadn't wasted six months to form his government. We held several bilateral meeting but our counterparts couldn't we the direction we were going

With all due respect, your analysis is off. 80% of what you've written are simple not true. First myth is Buhari's intransigence. Buhari has actually not been intransigent. He has left the economy to Osinbajo to manage and he does not micro manage. He changed his mind on the forex peg and he's essentially let the economic team do their jobs.

Second myth is that the.ministers not being named for 6 months is somewhat responsible for the recession. If you care to know, what they did in those six months was bring in Bain to create very detailed action plans for the ministries. I have a copy of their presentation if you care to see. It is very sound but obviously hasn't been implemented ad expected.

So what is responsible for the abysmal economic conditions. First is Nigeria is a big shame of a country that wholly depended crude oil for decades. We don't even have the decency to be able to refine our crude. It is extremely shameful. If your revenue is cut by 60 to 70%, you can't avoid a recession.

Second is the gross sabotage by the Nigeria Avengers. They did way more damage than people know. Don't forget we hit our peak electricity generation before they started blowing off the gas line and crude lines. This has caused indescribable damage and Buhari has done exactly what is now needed by deploying the army and negotiating.

Third is the mishandling of the forex situation by Emefiele. Eme field is by far the weakest link I'm this government and Buhari must force him out or force him to work with the VP's office. Good news is that the VP indicated today that he is now working with the CBN on a more flexible forex scheme.

Very few people could have done better than what Buhari had done given all the circumstances. I'm confident that he will come good next year.

The money that is now being saved was largely left unpaid by the previous administration, so the net effect isn't much as far as day to day activities goes

Nukualofa:
Finally Zahra gets married without contributing anything positively to humanity. T

The whole scare dollars used to train her was just to learn how to make foreign dishes for the husband

I saw Dora Akunyili daughter making waves in the Art world while Zahra will make waves in Indimi Oza room


#Pity

You are a vIle cretin. A terrible excuse for a human being. Your toxic and vile mind will consume you..

You clowns are better served reading the entire text of his presentation instead of these silly little excerpts. His speech is perhaps the most brilliant I've heard from a Nigerian