₦airaland Forum

Employees corruption is very easy to solve.

Fire them!
Any business owner that doesn't is incompetent. That's not a reason to leave the country. Lame excuse

olaztek:
These companies didn't exit because of Nigeria economic crisis only, employee's corruption was also involved.

Nigerians are killing and choking life out of the available companies established by real local and foreign entrepreneurs through extreme fraud.

Yet multi-natiinal companies who have had roots in the country for 50 years are leaving? Didnt they see all these things you are saying? Or did they curse the land too?

FreeStuffsNG:
Excellent!! The big elephant in the room is the fx drain and capital export to other countries as we fund petrol import receipts.

You forgot to remind the naysayers that FG through NNPC owns 20% of Dangote Refinery and the Port Harcourt refinery is expected to be fully up and running by Q1, 2024.

They have eyes but can't see because the land they cursed has withheld its fruits and blessings from them. They don't even understand the huge impact fertiliser sufficiency plays in food security. Now we talk about dry season farming and the era of fertiliser scam and scarcity has ended! We are even fertiliser exporter today!

Nigeria Stock exchange keeps breaking its own record back to back and may close tomorrow with ASI hitting an ath 75K!! Any person these blessings going around has not touched must examine the kind of life they live and beg the land for forgiveness. You curse the land, it curses you back! If the land curses you back, you will never be blessed by the land niyen.

God bless Nigeria for ever! Check my signature for free stuffs!

Where did you get that info from?

Biodun556:
Refining takes two weeks

Before he became Lagos State Governor, what was the position of Lagos in terms if African economy?
Just 1992-1998

Alexis11:
Tinubu built Africa 5th economy in a state. Tinubu has 8 years to prove himself to Nigeria but I understand that many people like you would have died of depression from deep hatred before then.

Okada691:
Osimhen is Edo, that east, north west talk na mumu talk, you dae hear, stop mumu attaché by force, it reeks of low self esteem

Ok.

I don’t even know him and I doubt you or I will ever meet him in our lifetimes. His wins or losses will never put food on our tables.

The truth is that because we are from the same Africa and the young chappie is very good, we will support him against denigration by foreigners, same way we would if he were Cameroonian or Senegalese.

His icon as a champion will inspire the younger ones, probably like you.

But again, do you have the brain to understand these things?

Abegiii. He is a champion!

Na our own hare! East, West, North , South, na we get Osimhen and one Oyibo cannot come and take away our championship!

In the words of Indaboski, “Who you? Where you from?

Osimhen is a world champion from Naija. Deal with it! Who be the Rosario sef?

How difficult is it to follow orders?

In NYSC camp, there is time for everything followed to the second. It instills discipline of the mind! That’s the essence of the camp!

If you don’t eat once, you won’t die.

We all did NYSC and Mammy market had its time likewise other activities.

The alleged assault is not supported in any case.

Why would the government do that?

Government that is seeking to increase revenue?

abhosts:
Yes, it can be cheaper if the government intervenes by supplying crude oil at a discounted rate to refineries.

Conversely, they are Nigeria's largest loss of Forex.
All the school fees, health bills, flight tickets, visa fees, living expenses etc are all Nigerian money from savings, salaries, property sales, and loans converted to forex and sent out of the country.

Imagine if they stayed in...

And that's minus the Naira converted to forex to import almost everything we use,

And minus all the Foreign investments closing shop and taking their money out of the country..

casualobserver:
Let them continue to japa! Right now they are the country’s largest source of forex….even bigger than oil. They are the only thing we export besides oil.

How about using the N15B earmarked for Vice Presidents residence renovation, to start with?

3 things:

1. Read the list

2. Read the names and their designations (tells who they work for and who will pay for it)

3. Ask what value they bring to NG being there

LegendHero:
Ever since I’ve been young, Nigerians always see conference abroad as a way to either japa or build their resume where private companies and NGOs sponsor people abroad for such event. Even individuals who are climate change activist can always apply to go.

Anyone that believe the FG sponsored 1,400 people to Dubai is a stark illiterate.

It seems people don’t even know the meaning of a conference.

2 Simple questions weren’t answered:

1. How many were sponsored by FG?

2. How many were sponsored by State Gov.?

All the write-up is BS as it didn’t clarify the above.

Any Nigerian defending the write-up and event without 1 & 2 above is a looter of the nation!

It's a really big shame to Nigeria.

For thr government to bring this number of people to Dubai in the midst of poverty is insensitive and wicked

So whats your point?

Your mindset is just poor!

BreakingNews21:
The Honourable GEJ used to take several plane loads of ppl when he traveled abroad. You can find the info in the NL archives.

Tinubu took 1,411 people to Dubai for a climate conference?

Am I hearing right?

https://twitter.com/TheSerahIbrahim/status/1730957872962396281?t=v0KRE8BPlOQAvssoAnSGCg&s=19

If transporters are cashing out big, why ain't we seeing more commercial vehicles on the road?

Why ain't we all rushing in to invest and cash out big?

MorataFC:
It's like you don't get it, transporters are cashing out big.
9300× 30= 279,000
5500× 30= 165,000

Difference of 114,000 as a gain compared to before while civil servants still earn the old salary.
if you complain that 9300 can't buy what 5500 can buy before, yes I agreed to some extent but the salary structure of civil servant still remain the same.

Hahaha.

President of FRN with that impact in daily lives so far? More poverty and mismanagement?Titles just deceive people.

Celebrating Nepotism? Wow. Civilization don suffer. Only men who cannot hold their destinies in their hands depend on appointments as proven.

Every man worth his salt can stand for himself and buod and rebuild, can you?

Benwallt:
The one man that rode them is now the president of the federal Republic of Nigeria and the state he governed for 8 years is the best state in Nigeria. He has gone further to appoint his tribes men into key positions and you and the fertile dumbs have no answer to anything he thrown at you. You lots that change leaders like diapers, were Una don reach? Nowhere.

Why would I want to bury my country.

It's not everyone that says the stark truth that hates their country, rather those who see it but don't want to accept it perhaps to continue the deceit.

Listen, see the picture in simple terms. What is Nigeria's competitive advantage to prevent it from being done?

Is it highly capable educated and skilled populace? Naaa, the ones you have all japaed and the ones japaing now are the mod-rsnge.

Is it a highly sophisticated finance sector that drive the region, like Lonfon, Singaporr, New York? Naaa

Is it a Healthcare and Technology City State like Dubai, Saudi are massively building?

Is it an Energy hub? Naaa, By 2030, Fossil fuels though relevant will not significantly drive Nigeria far enough as Europe, Asia and LATAM develop renewables with fossil fuels in the mix, thereby dropping the pricing for it.

Is it advanced infrastructure? We still can't transmit more than 3,500MW for over 200M people. No connected rail track and waterways. Ships bringing in huge imports leave empty making Nigeria 5x more expensive to ship to than Benin Republic.

We can go on and on wirh our burgeoning debt, insecurity, disunity, mismanagement ,poverty, thuggery, etc.

Just ait down and honestly ask yourself from 2011 to date how the various KPIs for standard of living are performing in a graph. Check the UN benchmarks for standard of living.

Is

What does Nigeria have to offer that the world doesn't have? Gas?

BreconHills:
So? Are you saying something that nobody knows? Yes the reserves are low, yes we have fx forwards, yes there is massive debt. But hang on mate...

Have Nigerian bonds been given junk status? Moody and Fitch are have it at B- Has Nigeria had to enter an IMF program to stave off insolvency? Do you even understand the scale of its informal economy? Do you understand that its main asset is not oil? In 1980's we entered the IMF SAP program - are we back there?

That's how some f.o.o.l was saying that MTN would fail before it even started business in Nigeria by simplistically analysing GDP per head. Yes things are bad, but this economy is by no means done.

I know you are desperate to bury Nigeria before she dies but sorry she is not dying anytime soon.

Good. Now to what % increase?

We are talking 400 to 800% increase in prices due to currency devaluation and soaring inflation, and you are comparing with UK whose inflation is in single digits and their currency is trumping yours?

Drug companies increased in NHS, yes, but by what %? Let’s see your answer (Tip: I have it and waiting to compare notes)

plaindealer:
.

Who said I hate Nigeria and Tinubu?

Just provide the proof. The next step is to check if it is commensurate with the ones in Naija. Then check if what you are saying makes sense.

It’s one step at a time in nice discussions buddy

sinero:
So it means everything being said and written about increase in cost of living abroad doesn't mean anything to you just because you hate Nigeria and tinubu. Na wa o, be waiting for receipt of before and after na.

But not enough of the tax collection and their contributions to development right?

flokii:
We want full control of our 6 South West States just like the Igbos have full control of their 5 South East States.

Let them pack their things and leave.

O to ge!

Enough of the cheating, population burden and stagnation of Yorubaland. Our people are tired.

Where is your proof that prices increased in other countries?

Show us the receipts of before and after from those other countries.

plaindealer:
In other countries all over the world, where the companies are not leaving, prices increased so what's your point?

They have no control over the cost of materials so it's pointless if they stay or go, the price will still go up.

It's common sense.

Is the rest of the world finished because they are paying more for drugs?

Just abuse Nigeria as usual and stop using the price of drugs to hide your ignorance and anti-Nigerian rhetoric.

Didn’t he do review of every chapter with his project supervisor?

When we did ours, you don’t proceed to the next chapter without your supervisor’s approval.

So what happened here?

You still didn’t get the message and so you resort to insults which is absent whenever enlightened minds speak.

You are yet limited by close-mindedness.

Come forth when you hopefully attain some level of learning and enlightenment.

3ice9ce:
You are the worst specie of what an educated person should be.
You are using your education to defend academic incompetence and mental bareness. Such a shame.

Philosophy is a subject studied over a lifetime for an individual, and over several lifetimes for generations, yet transcends times.

Its actually a sign of poor understanding to tease someone about any number of years in its study.

Enlightened people know that philosophy is not bound by the 4 walls or any walls for that matter!

3ice9ce:
You must be one of those who used 10 years to study philosophy.
You are slow in the head.

But "Pastors" Ojo and Ade are from the South West states naa.

3ice9ce:
You see pastors in Delta and Anambra, fear them.

The ones in Delta cater to thieves, the ones in Anambra cater to ritualists.

"Pastor" Ojo sold congregation to "Pastor" Ade?

What a sophisticated transaction!

Top dollar means just that - Top Dollar. Oil is sold in dollars. The highest bidder for oil will always be the international market (countries that don’t have oil).

You must have missed that Dangote is focused on the international market , if he wasn’t he could have cited his refinery inland and not near the coast.

CodeTemplar:
the phrase "top dollar" doest connote dollar being the currency to be paid. It translates roughly to "higher/highest bidder".
If he insists on dollar, then that means he must put his products up for sale on Intl market. I wonder why he didn't do that when he needed dollar to build his refinery. He should have taken his cement, spaghetti, sugar, flour, trucks, and noodles to Intl market to sell and earn dollar instead of running to the govt.

The impact will be huge!

1. Schools will triple fees resulting to…
2. ..:Parents won’t cope with the increase resulting to…
3. Students will drop out resulting to…
4. Crime rate will increase and…
5. Fewer students who can pay resulting to…
6. Not enough money to run the school at scale resulting to…
7. Quality of education dropping further…
8. Lecturers will continue leaving for abroad all resulting to
9. Collapse of Nigerian Education system thereby…
10. Helping to validate those who believe that “school na scam” and there goes the country

That demand is insignificant in numbers.
Can you say that 1 million Nigerians have converted from petrol to gas?

ChrisIntegral:
We were enjoying our cooking gas until Nigerians started converting their generator set from fuel to it. Now see hike

I think your analysis is not correct.

If more people have entered the retail supply end of the gas value chain (common goods), its an increase in supply (not demand) and should mean lower prices. It means that getting gas now is easier than before(improvement in supply), this should deflect the price lower in the demand-supply curve.

If you say that the demand for gas has gone up above supply then you can assume price should go up.

Can we say demand is going up because people are cooking more? It's also not because of the gas generator conversion because the numbers are insignificant. It can't be CNG because that's different from LPG. Its not like end users are hoarding gas at home

Proudlyngwa:
It is expected
What happened is more people have entered into the gas retail business while supply of gas has remained constant.
This has led to mopping up available supply chains.
So those retail outlets will get saturated with commodity and law of demand and supply will set in.

Wait ooh!

Fitch downgraded Nigeria to B minus last year due to poor results.

Then comes this year to say they maintain that downgrade and people are rejoicing?

What kind of idi0t@s do we even have in this country?

School scores your child low in last years exam and comes this year to maintain that score saying your child cannot improve and you are happy?