₦airaland Forum

Lanruze:
President Bola Ahmed Tinubu was consistently warned by the foremost Petroleum Economist on the major dangers of unsequenced PMS subsidy removal.

Bala Zakka (PhD) specifically warned and predicted that the PMS subsidy removal would ultimately lead to social unrest and excruciating poverty . More disturbing and staggering are the reports from the Manufacturers Association of Nigeria (MAN), National Employers Consultative Association (NECA) and LACCIMA.

The data and statistics of monetary value of the effects of PMS removal and FX unification has shown a disturbing trend;

1, Cumulatively Nigeria has lost over $20 Billion through the closing down of over 10,000 MSME and exit of multinationals in the last 24 months based on the implementation of the PMS subsidy removal & naira devaluation.

2, Input cost and transportation cost has triggered inflation which is has wiped-off disposable income with employers finding it difficult to pay overheads and break-even.

3, The Financial gains of the subsidy removal and FX unification hasn't been transparently channeled since the policy was announced. In the past the PTF and Sure-P were introduced to target infrastructural and developmental projects whilst measurable outcomes and deliverables could be measured. The Governors are the greatest beneficiaries with humongous wage bills.

4, Two (2) years assessment is enough to know if a government's policy direction will be effective or far reaching as such he trickle down effect has shown business as usual. No new Billionaires, No intervention programmes even after several announcements from the FG, no shock absorber for the citizens etc.

5, Asides from the $5B Bonga Oil field investment by Shell, the $1.5 Usan Deep water Investment & $600M lithium Processing factory in Nassarawa by the Chinese no other FDI has been recorded in the last 2 years. Meanwhile, Kenya has attracted over $12B in the corresponding 24 months under review.

It's time for PBAT to have a mid-term review on this twin policies or else he will go down as the most insensitive government.

ukukaegbu:
The same Nigerians will still vote for a continuation of their suffering.

I don't know who do them that strong jazz.

kedeojo:
Ameachi is not a Muslim and so he won't be in center stage. That is how is done, as for obi, he knows he won't get the needed attention that he always crave for.

vanbonattel:
It's true, that's the only thing that marred the burial, every young people in Katsina state were looking forward to see Nigeria's most popular political god.

We left there disappointed after we didn't see the only hope of the Nigerian masses.

What's the evidence that he is dead? I mean real video evidence of them observing a minute silence and not some picture and writing claiming he is dead. As much as I'm not a Buhari supporter I still need evidence and not just rumours or pictures that can be cooked up

lexy2014:
HOW DOES THE FOREX INFLOW SUGGEST PROGRESS FOR THE COUNTRY?

teadrake:
What is the meaning of all these? This must be fake news because of the way he dressed.

Nigle:
The truth be told, Labour party needs Obi more than Obi Needs Labour Party.

No wise man wants to lose his best team member

rinzaugustine:
To water down secession capabilities full stop but they continue to fail as they have always done, don’t blame anybody actually except the British racists that saw the technological and progressive Igbos as threats and made it possible. If it were only hausas and Yorubas Igbos would have rounded them up within hours but kain Igbo problem are British racists

Pearl1910:
There is no gainsaying, it was politically motivated not really geographically designed.
The Igbos were Intentionally cut out from the ocean and the international boundary so as to prevent them getting supplies and support from outside the country like it happened in the last Civil war called Biafra war.
Also the Igbos were deliberately separated from the coastal communities of the Niger Delta so as to divide the people of the region and water down their influence as a single block.
Thirdly, many communities in Delta, Edo Benue and Cross River States where supposed to be part of South East but for the same reasons of making the SE as small as possible and without allies this was done.

This is 2025.

I will advise you to stop this victim mind set once and for all.

Arabk25:
This Chelsea no serious who won buy Jackson for that amount day play

Ofunaofu:
Why didn’t you say that the APC should have given their ticket to the South to enable the South complete an eight-year tenure, when Tinubu formed an alliance with the North in 2015?

The ADC is not bound by the internal arrangements of the PDP and APC to rotate power between the North and South.

The ADC is focused on finding a candidate from any part of the country with the intellect, foresight, and capacity to defeat Tinubu and end this wicked and draconian regime

Ofunaofu:
When Tinubu forms an alliance with the Fulani, it's called building bridges and political strategy or whatever. But when it's Peter Obi, it's labeled desperation.

Your hypocrisy is out of this world.

Streetinvestor2:
You go cry tiya.SW president does not represent south. We will never vote over anybody the adc brings out

Racoon:
Why didn't Soludo follow up his assertion with the same police report or stats before profiling the Igbos in Anambra state as the majority criminals?

Many other ethnic nationals are in Anambra state commiting crimes but according to him, only fellow Igbos are the majority criminals being arrested. Can he provide a statistics that confirmed this revelation?

Criminality knows no divide but efulefus like Soludo thinks he is smart in demonizing his own people because of politics.