₦airaland Forum

omoluka:
There was a time when China was below Nigeria in almost every development index. Hmm… the Black man is a disgrace. 🤔

Topman7:
MR MAN, THERE IS NOTHING THE WORLD BANK IS TELLING US TO DO WHICH WE WOULD NOT HAVE DONE ANYWAY!

That 10 billion dollar a year we were BORROWING to pay subsidies, it was not the IMF or World Bank that said 'stop it'. It was BUHARI who saw that it was BANKRUPTING THE NATION, and put a halt to it. Omitting it in the budget he handed to Tinubu.

The TRUTH is that Nigeria was living on BORROWED MONEY FOR FUEL SUBSIDIES.

And as the population grew, you required MORE MONEY FOR SUBSIDIES.

How the hell is that sustainable?

Continuing with the subsidies would have meant we would have become like Zimbabwe or Venezuela, or Sri Lanka , where the economies totally crashed, and went bankrupt, because their debts overwhelmed them and nobody would lend them any more money.

IS THAT WHAT YOU WANT?

Because if you think things are hard now, THAT would make it 10 times worse.

Rossikk:
Stop giving us a stupid, irrelevant essay.

The Nigerian reforms are similar to the Chinese reforms in the way they are designed to foster SELF-SUFFICIENCY.

First start: STOP BORROWING 10 BILLION DOLLARS A YEAR TO PAY FUEL SUBSIDIES.

INDIGENISATION POLICIES WHICH PROMOTE LESS DEPENDENCE ON THE DOLLAR, TO SHORE UP YOUR LOCAL CURRENCY, WHILE CURBING IMPORTS BY CREATING BUSINESS-FRIENDLY POLICIES AND AN ENABLING ENVIRONMENT FOR INVESTORS.

THIS IS WHAT NIGERIA IS DOING.

CHINA WENT MUCH FURTHER BY outright BANNING of many imports, including vehicles etc, and imposing high tariffs on imported goods.

This made life VERY HARD for the average Chinese.

But today they are very prosperous because of those policies, which lasted decades.

Topman7:
DON'T MIND THESE LAZY NIGERIANS.

IF YOU KNOW WHAT CHINA WENT THROUGH TO GET TO WHERE THEY ARE TODAY!!!

China BANNED the importation of CARS for SEVERAL DECADES and said ''Oya everyone ride bicycles till we learn how to build our own cars!''
They banned almost every import for many decades up till the 90s when they finally opened up, after THEY had become self sufficient and competitive.

Millions were killed and jailed by the Chinese ruling party for opposing those reforms.

They were able to succeed because they were a DICTATORSHIP and still are. No democracy would have accepted those reforms, because they were extremely painful.

This Kperogi guy is VERY DEVIOUS AND MISCHIEVOUS.

Notice he never mentioned the real cause of the economic hardship, which was the REMOVAL OF FUEL SUBSIDIES.

Does he support our continued borrowing of 10 billion dollars a year to pay for petrol subsidies?

A country whose annual budget is 35 billion dollars?

HE IS SILENT ON THAT.

He just wants to point fingers and blame IMF, blame govt etc, WITHOUT STATING HIS POSITION ON THE WAY FORWARD.

Did you see him offer any alternative to the current path?

OF COURSE NOT.

Because he KNOWS there is no other feasible way to move forward.

Blasted crooked man.

Max24:
The coward will chicken out again. Didn't know Trump was a chicken after all. Upon all his mouth making he is running from a common black woman that he claimed was unintelligent. He can no longer grab them by the pus.s.i. Empty drum make the loudest noise.

Verydarkhearted:
They might still be sold from that motherless home too.. this time for rituals.. as long as it’s the mother that sold them.. it’s a legit transaction.

Makunnahatata:
he's not totally correct ,tribes has been in existence thousands of years and

Makunnahatata:
lol which kind nonsense be this 😹

Rossikk:
The idea of “tribe” was introduced by the colonia invaders.

Pre-colonial Africans did not identify themselves as “Igbos”, “Hausas” or “Yorubas”, especially not in a way to differentiate between THEIR group and others.

People identified by their lineage or ancestral town or village.

Back then a clan of Igbo speakers had no issue ganging up with a neighbouring village or clan of Yoruba speakers to attack an Igbo speaking village.

It was the colonialists who, to create blocs of division and rivalry, roped all speakers of a language into one “tribe”, and those of another, into another “tribe”.

It’s all FALSE and ENGINEERED.

If you actually did an ancestral DNA test, you would likely discover that your ancestors were migrants from a totally different part of the country.

tnerro1:
Oh lord, save us from this government

Slytiger:
The monsoon season has arrived in India.
I wonder how they got to the middle of the rushing flood water.

Snake001:
Hehehe

See where Nzogbu nzogbu has led this one too.

Now he wants to comply, lol.

It is better for a bag of rice to be N300,000 than for Tinubu to release the bastard.

The bastard should first bring back to life people he has killed.

He is a terrorist and must be treated as one.

He will be killed and nothing any cannibal will do about it.

helinues:
He should first renounce Biafra and also dissolve Ipob as a group.

We can have a talk after that

Holiness2100:
Hours before the ground maneuver -IDF soldiers are reading BIBLE VERSES and saying PRAYERS!

Their prayers goes thus:

"Please, Lord our God, deliver us! Please, Lord our God, let us succeed! The eternal people will win. Amen!"

The shofar is blown and the soldiers shout: "On to Rafah!"

Note: No mention of Jesus Christ or Holy Spirit, just God.


https://www.youtube.com/watch?v=UkYwaB8Ayr0?si=zr_rj0AuJcvRsmmc

nairalanda1:
But as the experts say



In other words, it cannot reach 8 gw.

We do have an installed capacity of 13 gw according to Nairametrics...the Siemens project would enable the grid transmit 25 gw or 25000 mw when completed.

nairalanda1:
We got 13 gw , but the problem is transmission

Ultimately, the issue is one of the government not letting the power sector set its own prices, and many Nigerians not paying for power at all. Including your government agencies, and the presidency. All that means the sector cannot make a profit that would enable it fix things.

Yusufisraelj:
Really? Are sure of what you're saying?

That's a flat lie bro, you don't understand power generation, distribution and consumption.

Even if the entire power stations work at optimum capacity that's not enough for 24 hours light in the whole country, that's even with efficient disco's.

Energy demand 32 tera watt hour.

Energy generated 36 gigawatt hour.

This is 2022 data. Do your fundings as well.