₦airaland Forum

A$$lickers everywhere. Kai.

AngelGabbyShara:
GOV OYEBANJI THANKS PRESIDENT TINUBU OVER GENERAL OLUYEDE’S APPOINTMENT AS CDS



https://www.facebook.com/share/p/19h8CKWC3W/

Na atiku dem for endorse? 🤣


[quote author=naptu2 post=137204824]Governor Sanwo-Olu, Former Governors Ambode and Fashola, Minister Tunji Alausa and other stakeholders endorse President Tinubu for a second term.


https://www.youtube.com/watch?v=fAmMZ806B6c?si=AzXup4gKuGz87Xxm

Babajide Sanwo-Olu @jidesanwoolu



https://x.com/jidesanwoolu/status/1980704928843567445?t=GsNJMZvPhzjF5WVtleiDPA&s=19[/quote]

No be small...supporters say na IMF send am.

What's that saying: Ti won ba ran'ni n'ise eru,...

mightyhazel:
bat carry all 3 in abundant supply

Isn't it funny how all these are beeing incorporated by govt?

Greattha:
Building wealth takes years of discipline, smart decisions, and often a bit of luck. Yet that wealth can vanish far more quickly than it was created. Throughout history, specific economic forces have consistently proven themselves capable of destroying the accumulated prosperity of individuals, families, and entire nations. Understanding these wealth destroyers is essential for anyone seeking to preserve and grow their financial resources in an increasingly complex global economy.

1. Inflation
Inflation stands as perhaps the most insidious wealth destroyer because it operates invisibly, eating away at purchasing power day by day. When the general price level of goods and services rises faster than income or investment returns, every dollar saved becomes worth less tomorrow than it is today. This silent tax affects everyone but hits certain groups particularly hard.

Those who suffer most from inflation include retirees living on fixed incomes, savers who keep their money in low-yield bank accounts, and wage earners whose salaries don’t keep pace with rising costs.

Consider someone who diligently saved N1 million in cash for retirement over several decades. If inflation averages just 3% annually, that money loses half its purchasing power in about 24 years. What could buy a comfortable lifestyle at retirement might barely cover necessities two decades later.

Central banks typically respond to inflation by raising interest rates, but this approach creates its own set of problems. Higher rates can trigger recessions, unemployment, and financial instability.

Meanwhile, governments often benefit from moderate inflation as it reduces the real burden of their debt, effectively transferring wealth from creditors to debtors. At the same time, inflation transfers wealth from wage earners to asset owners. This dynamic explains why politicians can tolerate higher inflation rates despite its corrosive effects on citizens’ savings. Inflation destroys the buying power of your paycheck and savings.

2. Currency Devaluation
While inflation erodes purchasing power gradually, currency devaluation can destroy wealth with shocking speed. When a nation’s currency weakens dramatically against others, it devastates the real wealth of anyone holding assets denominated in that currency. This destruction happens through multiple channels simultaneously.

Devaluation makes imports more expensive, driving up the cost of everything from fuel to food to consumer goods. For countries dependent on imports, this translates directly into a lower standard of living. Citizens discover their savings can’t buy what they once could, not just domestically but especially when converted to stronger foreign currencies. A middle-class family that saved for years to send their children abroad for education might find their dreams shattered when their currency loses half its value. Foreign vacations become much more expensive in your own currency’s terms.

Governments sometimes deliberately weaken their currencies to boost exports and reduce debt burdens. While this might help specific industries temporarily, it punishes savers and those on fixed incomes.

The currency crises in Argentina, Turkey, and Zimbabwe demonstrate how decades of middle-class wealth accumulation can evaporate in months when faith in a fiat currency collapses. In extreme cases, people resort to barter or foreign currencies, abandoning their national currency entirely. Currency devaluation destroys the value of your currency in terms of foreign currency and gold terms.

3. Excessive Taxation
Taxation funds essential government services, but when it becomes excessive or poorly designed, it transforms into a powerful wealth destroyer. High tax rates don’t just reduce take-home income; they fundamentally alter economic behavior in ways that reduce overall wealth creation.

When income taxes reach punitive levels, they discourage work, innovation, and risk-taking. Entrepreneurs might decide the potential rewards no longer justify the effort and risk when the government takes the majority of any gains.

Wealth taxes, which some countries have implemented, often trigger capital flight as wealthy individuals relocate to more favorable jurisdictions. This brain drain and capital exodus weakens the entire economy.

Transaction taxes reduce market liquidity and increase the cost of doing business. Inheritance taxes can force families to sell enterprises or property that have been held for generations, breaking up productive assets and destroying accumulated wealth.

Perhaps most damaging are sudden, unexpected tax changes that destroy long-term financial planning. When governments retroactively change tax rules or introduce new levies on previously tax-advantaged investments, they undermine trust in the entire system. Excessive taxation transfers wealth from those who earn it to those you mismanage it. Taxation removes capital from its best uses in the economy for business building and traps it in bureaucratic budgets.

-Copied.

Building wealth takes years of discipline, smart decisions, and often a bit of luck. Yet that wealth can vanish far more quickly than it was created. Throughout history, specific economic forces have consistently proven themselves capable of destroying the accumulated prosperity of individuals, families, and entire nations. Understanding these wealth destroyers is essential for anyone seeking to preserve and grow their financial resources in an increasingly complex global economy.

1. Inflation
Inflation stands as perhaps the most insidious wealth destroyer because it operates invisibly, eating away at purchasing power day by day. When the general price level of goods and services rises faster than income or investment returns, every dollar saved becomes worth less tomorrow than it is today. This silent tax affects everyone but hits certain groups particularly hard.

Those who suffer most from inflation include retirees living on fixed incomes, savers who keep their money in low-yield bank accounts, and wage earners whose salaries don’t keep pace with rising costs.

Consider someone who diligently saved N1 million in cash for retirement over several decades. If inflation averages just 3% annually, that money loses half its purchasing power in about 24 years. What could buy a comfortable lifestyle at retirement might barely cover necessities two decades later.

Central banks typically respond to inflation by raising interest rates, but this approach creates its own set of problems. Higher rates can trigger recessions, unemployment, and financial instability.

Meanwhile, governments often benefit from moderate inflation as it reduces the real burden of their debt, effectively transferring wealth from creditors to debtors. At the same time, inflation transfers wealth from wage earners to asset owners. This dynamic explains why politicians can tolerate higher inflation rates despite its corrosive effects on citizens’ savings. Inflation destroys the buying power of your paycheck and savings.

2. Currency Devaluation
While inflation erodes purchasing power gradually, currency devaluation can destroy wealth with shocking speed. When a nation’s currency weakens dramatically against others, it devastates the real wealth of anyone holding assets denominated in that currency. This destruction happens through multiple channels simultaneously.

Devaluation makes imports more expensive, driving up the cost of everything from fuel to food to consumer goods. For countries dependent on imports, this translates directly into a lower standard of living. Citizens discover their savings can’t buy what they once could, not just domestically but especially when converted to stronger foreign currencies. A middle-class family that saved for years to send their children abroad for education might find their dreams shattered when their currency loses half its value. Foreign vacations become much more expensive in your own currency’s terms.

Governments sometimes deliberately weaken their currencies to boost exports and reduce debt burdens. While this might help specific industries temporarily, it punishes savers and those on fixed incomes.

The currency crises in Argentina, Turkey, and Zimbabwe demonstrate how decades of middle-class wealth accumulation can evaporate in months when faith in a fiat currency collapses. In extreme cases, people resort to barter or foreign currencies, abandoning their national currency entirely. Currency devaluation destroys the value of your currency in terms of foreign currency and gold terms.

3. Excessive Taxation
Taxation funds essential government services, but when it becomes excessive or poorly designed, it transforms into a powerful wealth destroyer. High tax rates don’t just reduce take-home income; they fundamentally alter economic behavior in ways that reduce overall wealth creation.

When income taxes reach punitive levels, they discourage work, innovation, and risk-taking. Entrepreneurs might decide the potential rewards no longer justify the effort and risk when the government takes the majority of any gains.

Wealth taxes, which some countries have implemented, often trigger capital flight as wealthy individuals relocate to more favorable jurisdictions. This brain drain and capital exodus weakens the entire economy.

Transaction taxes reduce market liquidity and increase the cost of doing business. Inheritance taxes can force families to sell enterprises or property that have been held for generations, breaking up productive assets and destroying accumulated wealth.

Perhaps most damaging are sudden, unexpected tax changes that destroy long-term financial planning. When governments retroactively change tax rules or introduce new levies on previously tax-advantaged investments, they undermine trust in the entire system. Excessive taxation transfers wealth from those who earn it to those you mismanage it. Taxation removes capital from its best uses in the economy for business building and traps it in bureaucratic budgets.

-Copied.

Good one..he should go back to his country and support them there.

BlackViper:
https://telegrafi.com/en/posted-photos-of-Hamas-expressing-support-for-the-Palestinian-militant-group-Germany-strips-Palestinian-of-citizenship/

If you know, you know.

Look at that imp before you comparing BAT to God's calling of Paul...They know how to twist narrative to suit thier aims...just imagine.

mecuries:
You think he doesn't know?.... Those guys are hardcore, he needs them for the next election.

Hehehehe...to deceive Christians on the m-m thing🤡



[quote author=Karemarealty288 post=137107922]https://x.com/instablog9ja/status/1977625808668618949?t=DerjyXX7LLgc6aO7oMEuoQ&s=08[/quote]

Una no dey taya

Even World Bank report is false and inaccurate.

Carry on!

treesun:
https://dailytrust.com/presidency-world-banks-poverty-report-doesnt-reflect-happenings-under-tinubu/

What a nation.

One 🤡 who lives in the states prayed that "may Nigeria continue to happen to him" just because he's a beneficialry of the corruption and impunity in Nigeria...much like the a$$lickers on NL

The joke is the 🤡 has no idea he has cursed his generations unborn because indeed the worst of Nigeria would definitely happen to him directly or indirectly when he no longer has the power to help himself or his kids like every other average Nigerian.

Terrible.

EdonhappenTv:

https://www.youtube.com/watch?v=XEejhsbgNfQ

According to Human Right Activist Harrison Gwamnishu




https://www.facebook.com/share/v/15W93U14dK/

20 years old for God's sake.

The decadence is far gone men

They see their leaders and elders benefiting from crime and corruption so it's now a norm.

press9jatv:
Woman Herbalist exposed a Young man who came to her for money Rituals 🙆🏼‍♂️🧎🏻‍♂️‍➡️. Nawaoooo, our youths aren't ready to work with their hands again. Na quick money they are looking for. Too much rituals in the land.


https://www.youtube.com/watch?v=KXDmju147n8

Who cares

All of you should defect so we know it's a one-party state.

Afterall the opposition is dead while dissenting voices are targeted by law Enforcement.

LegendHero:
Source: https://www.channelstv.com/2025/10/08/lp-senator-defects-as-akpabio-calls-for-stronger-opposition/

LIAR LIAR PANTS ON FIRE

IF IT IS NOT PURELY FOR FINANCIAL GAIN, WHY IS IT NOW YEARLY

MOTORISTS HAVE TO RENEW YEARLY

It wasn't bad like this before.

If you make the mistake of paying online na O.Y.O you dey...

Tint permit yearly, eCMR yearly before insurance VIO and Vehicle License.

You people want to milk Nigerians to the bone.

treesun:
https://dailytrust.com/breaking-tinted-permit-enforcement-on-hold-police/

He didn't repent. He had a taste of the pie and saw it was good...now he maintains his share much like other present and former accashtivists.

They only scream foul when they're not getting a piece of the pie.

All of them are the same, Oshio, Nupeng, Pengassan

Immatex:
Adams that once grounded the country with numerous strike actions now speaks against strikes?

He must have repented.

He needs to apologise first for being the role model of the current labour leaders.

A nit-wit 🤡 indeed! Don't even bother with them. Have they petitioned efcc...See stupid question he's asking.
Na really new recruit 🤡

Factoryfitted:
Let's wait for the propaganda machine people to come and spin this about tribe religion as usual.

It's what they do best.

Lol. Like the nitwit below me. Na Dem be dat. Launder the image of the rotten head while you expect everyone else to believe the body will be clean. 🤡

They thought it was 9ja courts where anything goes



Just as one man is transferring houses to his children.
They think the sham scam would last forever.

dre11:
https://www.thisdaylive.com/2025/10/05/the-london-property-that-exposes-nigerias-rot/

Where is this Lie Lai man sef? Him and that ademisroad

Shameless lot

anonimi:
How is the hyperinflation of prices the change that was promised by Oshiomhole’s Assembly of Past Criminals, APC a decade ago




Petrol should never cost more than N70 per litre, says APC

January 19, 2015

The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.

On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.

But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.

It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.

https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

No arguments there...it's safe for you and your convoys....just like kwara and all Nigerian cities..Awon asinwin...

CapitalLens:
….AS HE INSPECTS ONGOING KEY INFRASTRUCTURE PROJECTS



https://myfctagov.ng/index.php/2025/10/04/abuja-is-safe-secure-says-fct-minister/

Defensive denials....GEJ never said he did either...he only said BH chose GMB as their negotiator hence his thought that his presidency would stop the attacks, only to be disappointed.

Did GMB not threaten fire and brimstone if bh was attacked?...will you deny that too

Estello:
https://punchng.com/buhari-never-mediated-boko-haram-garba-shehu-replies-jonathan/?amp

Don't forget to add "terrible brazen lies" to their qualities. Baba sope "they are winning the war against terrorism, kidnapping and banditry despite all that's happening in Ilorin backyard.

But tbh guyman no wan marry before....i think poor approach and communication is the problem here...what can 1 5M really do in that economy?

indigenous234:
Twitter people and stories that never happened are like the APC and terrible governments. There are inseparable

Yes o...very delivered. It doesn't have to be positive change. Changi is changi

voiceoftheupcom:
https://eyesoflagos.com/apc-has-delivered-the-change-nigerians-voted-for-president-tinubu/

That was how one of my smally guy was begging...I obliged him but told him I'll refer him somewhere for a Hotel SuprV job based on say i know him. My guy said the job is beneath him cos he holds a masters. Me I kuku block msc holder sharp...no time

A month later as begging wasn't yielding he started asking about the job...after the post had been filled.

I can't forget this woman begger at oshod those days who had 2 different storey buildings and collecting rent in Lagos. She ran an account with Zenith back then when their minimum balance was 50k.

I only follow my heart when i see them...their tricks no dey move me.

casdoruche:
*Flie photo attached by admiin for illustration.

That's fine...As long as you own a Benz or any car yourself.

alphonsojidebab:
https://eyesoflagos.com/no-benz-no-chance-ladies-mock-camry-drivers-in-viral-video/

Na wa o. Dem don dey jam network.

Yet all government is interested in is tax for revenue generation.

BlackViper:
https://dailytrust.com/kidnappers-shoot-victim-over-insufficient-funds-in-account/#google_vignette

Why not

What service do you provide Nigerians that qualifies you to tax them so much? No power supply, abysmal health services, no water, poor education, no social amenities, no production of any sort, only to keep increasing fees on everything.

They provide EVERYTHING for themselves .

Abi is it only roads and bridges govt should provide?

BlackViper:
https://tribuneonlineng.com/dont-see-taxes-as-punishment-firs-boss-tells-nigerians/

You kpai person because of N9M.
Even tried to relocate...as if the money won't get finished.
Like VDM said, firing squad is ideal...not peace deals

EvergreenDiarie:
Verydarkman Exposes Fake Land Owner Who Killed Real Estate Agent After Fraudulent Deal



Verydarkman shares a shocking story of how a fake land owner masterminded a deadly scam. After deceiving an unsuspecting buyer through an innocent real estate agent, the fraudster collected the money and later lured the agent to the property. In a cruel twist, he murdered the agent to erase any trace that could link him to the buyer.

This heartbreaking narration exposes the dangers of fraudulent land deals in Nigeria and the extreme lengths some criminals go to cover their tracks.

👉 Watch till the end as Verydarkman breaks down the story and raises awareness about land scams.



https://www.youtube.com/watch?v=wQRWgdwrk8I?si=z09nUSjQZjaIf-UD

Supposed law enforcement agents always breaking the laws they're supposed to uphold....and nothing will happen.

Nigeria!!!

boysco:

https://www.youtube.com/watch?v=p0U6MkVZAIs?si=5kp27VFiHHXoOIVa

CCTV footage has surfaced showing alleged EFCC officials conducting a night raid at Brains and Hammers Estate in Life Camp, Abuja.

The individuals reportedly destroyed the security camera after realizing they were being recorded.

The incident occurred on September 15, 2025, raising questions about the operation’s legitimacy.

Are you deliberately table-shaking? 😁

Smartcitizen:
Only a criminal will support a criminal...

Only a criminal will be angry when another criminal is called a criminal.


You understand what I'm saying 🥱🥱🥱

Tbh, you were supposed to give her a token as appreciation...that would have neutralized every other thing...even if it was 100k or an expensive wine.

But she's had enough and she was most likely told to drop it when she aired her opinion.

Y'all need to get someone she respects and hold dear to plead with her.

I've come to learn that tokens matter to those you think don't need it. It's not about the money/gift, it's the acknowledgement.

Beerbeer:
We are four siblings in my family: two boys who are twins and two girls. When my mum passed, my elder sister stood in as a parent for us. She paid for our university education and sent us monthly allowances for feeding. In fact, three of us would have dropout if not for her. Even when I graduated from school, she was still sending me 30k every month, pending when I get a job. This is in addition to also sending same to my siblings and my father. She has done this for close to 10 years without complaint.

Recently, I finished a project that paid me 2.1 million. This is how I spent the money:
I gave 500k to my church to thank them for getting me the job.
300k to my father.
100k to my stepmum.
100k to my second sister.
Bought 700k laptop to help with my coding job.
I used the rest to pay rent, change my wardrobe, clearance from school, and feeding.

My elder sister found out from my twin brother and got angry because I didn't tell her anything about the job or the money. She was also angry because I didn't set aside money for my twin brother going to law school this year.

To be honest, I didn't think it was a big deal to tell her. I knew my twin was in safe hands cos she was already handling that so I didn't bother. Before now, she had already paid the law school fees (about 500k). So I thought it was settled. I tried to reason with her but she refused to hear.

She was also angry I didn't tell her about the laptop. I knew I messed up here because she was the one that encouraged me to pick up coding and even bought my first laptop. I told her I wanted to finalize everything but it made her angry tye more. She blocked me and I also found out she blocked everyone else including our father.

All these happened in April. I thought she would calm down by now. But I just discovered that she has moved out of our state without telling anyone. She has blocked all the numbers we tried to reach her.

My twin brother said she only sends him allowance for law school (100k every month) and has blocked his number so he won't contact her. He is the only person she sends money to now as she has stopped giving us as before.

I am so confused. Why is she acting like this? Shouldn't she be happy for me? Nairalanders help me.

File photo from Google

Babaa won na nko? Won kuku le ti gba'bọde🤷‍♂️🤷‍♂️

Kindered:
Highly shameful and embarrassing. Iya awon omo yii nko?

They must've have been very disappointed when they saw Brazil😁

OKUCHI11:
Many people came here as representatives of the Name Checkers Association of Nigeria... Am I lying