Oasis003: “I have been, over the years, talked about the pending crisis ahead of the current economic hardship. Any economist who has studied monetary policy in the last eight years knows that Nigerians will fall into this difficult situation.
“The difficult situation Nigerians are facing is just the beginning (if the right decision is not put in place) because Nigeria is not exceptional; such situations happened in Germany, Zimbabwe, Uganda, and Venezuela.
“The previous administration has turned adamant about our appeal for corrective measures (on the economic policy). I have said in the presence of the now sitting president in Kaduna state, any politician who tells you that things will be easy, don’t vote for him because he is lying. People merely dismissed my advisory as a political statement.
“If I am to be fair and just to President Bola Tinubu, he is not to blame for the current hardship; for eight years, we were living on a fake lifestyle with huge debt from foreign and domestic debts. The Central Bank of Nigeria owes over N30 trillion, which resulted in debt service surpassing 100 percent.
“I can’t join other Nigerians criticising Tinubu on the current economic hardship, and I am not saying he is a saint free from wrongdoing, but in this current economic situation, President Tinubu is not to be blamed. I will also speak if I see any wrong economic policy of the Tinubu administration in the feature.
“It’s injustice for anyone to blame the Tinubu administration for the current economic hardship because there is no other alternative than the removal of the fuel subsidy. After all, Nigeria cannot even afford to pay the subsidy.
“(In the last eight years), the Central Bank continues to print more money, and the Naira continue to depreciate. There is too much naira in circulation because the CBN is printing the currency without restraint.
“The economy was poorly managed, and they are not willing to take advice; in the last eight years, apart from sycophancy, nothing has been done; those sycophants are those buying the dollar at the rate of N400 and selling it at the rate of N600 to N700.
“A boy who has no record of service has a private jet and owns houses in Dubai and England just because he is buying Dollar at so so a rate and selling them.
“I can only plead with the people to endure the hardship, and those who have the means to help the downtrodden should do so.
“I am also pleading with commoners to live according to their earnings; we must not peg our lives above our earnings in this difficult situation where people are looking for what to eat."
- Sanusi Lamido Sanusi
Na the crux of the matter be this. Follow the numbers and you will know the prognosis for Naija. The country done cast
It’s not an exaggeration o, the guy is almost everywhere. He paces along the touchline like a coach and always scanning for any danger that might come to Messi . He even enters the pitch immediately the ref blows full time and gets to pick h invaders before the security/ stewards do. He’s a former US Navy seal .
iykmora: Aaahhhhh... I just opened the site to see that my captain is Foden and vice Fernandez. How come, abi person dey operate my account ni? I changed cap to Halaand and vice to Foden, which kind thing be this or is something wrong with FPL? So so angry now 😡😡😡😡😡
TrebleChamp: This one happened during day time, Lekki Massacre happened at night with the sponsors intentionally turning off the Toll plaza lights and cameras removed before the shooting....
Enzo is not an AM. He can't make off the ball runs into the box either. My biggest disappointment of Poch so far is playing Enzo as AM instead of CM, there is zero threat to be gained from it
Leyqute: It’s too early to conclude. Plus Roma might decide to keep him despite the bad results. As long as he doesn’t steer them towards relegation. It’s not as if they expect to win the league or something.
After the Europa League final, he basically said he's checking out. No one came for him. He would have lost the dressing room at that moment. I think their problems will continue
🚨❗️Chelsea have agreed a deal to loan left-back Ian Maatsen to Burnley with an obligation to buy him in a deal worth £31.5million plus add-ons. By the Law of Matt
It's not matter of favour, it's matter of who has buyer
donjazzet: I noticed just 2 particular people sha who "shared" a fair few. It was popzaino and prospa. Then sege for one. My gees for life. They can see where the attacks are coming from.
Funny enough, ibime also shared one or two despite sticking a knife in.
It's all fun and games sha. we're all having a blast.
I no share anything oh. I was simply laughing as you turn Ogbahiagbon over the matter
Spy360: The discussion was not about international trade but Western influence in the making of African leaders. The point was that having the bulk of the world's raw materials, if our leaders were independent they could drag industrialization into Africa through proper negotiations. If you had quoted my complete post, you would see where I was driving at.
I said so because I am informed that the reasons our refineries cannot work is because of suppression by the West using the leaders they have installed or control over the years. Nigeria would stop importing fuel for instance. This would create jobs and also bring development.
So the point of discussion was about Western influence in choosing African leaders.
The reasons our refinery doesn't work is not because West appointed NNPC DG. Our refineries have worked from 1970s to early 2000s. I live directly opposite PH refinery
We don't have the bulk of the world's raw materials either and don't produce anywhere near others. Pull up top 5 producers of Oil, Gold, Iron, Coal, Copper, Silver, Uranium and you won't see us there. You might see one. So you are woefully underinformed on what you are talking about and your deductions derive from lack of information
Spy360: It is despicable of you to isolate a few words in my post thereby misinforming readers only to tag me a child. I never expected such from a revered fellow like you.
I asked if you are a child because you clearly don't know how international trade works
Nobody with spare refining capacity will buy your refined products. Oil is sold in barrels as raw crude as standard except the buyer does not have their own refining capacity. Even behemoths like Saudi and Russia sell raw crude. Nobody dey beg you for market, market price determines all things.
If you want refinery, you can make it a condition of tender and see who bites.
Nigeria has 3 refineries with Dangote to come on board. Even Dangote did not site his refinery in Niger Delta where the crude is lifted but set his refinery up to receive shipments in Lagos. It wouldn't matter if Dangote bought crude from Niger Delta or abroad he will still pay the market price which is currently fluctuating between $70 and $90.
It is up to you to add value to things. You can use $10m of Uranium to run a $10bln nuclear power plant, you say someone should build $10bln plant for you to buy $10m of uranium from you, when they can buy uranium elsewhere. Is that a joke?
You (Niger) don't even have capacity to run a nuclear plant nor have that much need for power, nor anywhere near the funds for yearly operational costs of a nuclear plant. Common Kainji dam already takes care of most of your power needs.
So your statement was just laughable and not worth discussing seriously, sorry if you found offence in it. I couldn't kill myself to point out obvious things.
BlueRayDick: In fact I don’t even take much of ur takes on the ENDSARS issue serious sef because I feel some of them are comical; Like expecting unarmed civilians in direct of fire to hold their camera phones and capture their fellow protesters dropping dead . And also trying to find logic in an illogical situation.
Except we saw hundreds of videos of the shooting and even videos from people in their apartment videoing everything
This is the moment the shooting started with protestors standing right in front of the soldiers watching them shoot in the air and not feeling threatened. It's all on video
You can only stitch together what happened later that night with Police to add validity to your claim but as far as that initial incident, that was normal army procedure of shooting in the air to disperse crowd. I no outsource my brain.
izzou: [color=royalblue]Is Ibime part of the "some people"?
I can smell crude oil, roasted fish and plantain all over this post.[/color]
That's some low blow by BlueRaydick
I'm never against ENDSARS. I was against the physically impossible lie that automatic guns were aimed at a packed crowd of hundreds of thousands people all holding camera phones for 20 minutes, with rapid fire artillery aimed at them and somehow thousands of bodies didn't drop. Infact all camera phones couldn't capture more than one injury from what I saw
He still believe that clown shyt till today. Hold your leaders accountable doesn't mean you should practice self delusion and put emotions over logic.
afrodoc2: There was one babe that i was trying to offer moral support that had 1 Spanish grandparent, 1 Lebanese grandparent, 1 Chinese grandparent, 1 Indian grandparent, and the Spanish grandparent was half black. She was a bit confused about her ethnicity so i tried my best to educate her in toto about the ups and downs of race and ethnic identity.
afrodoc2: You would be surprised that Palmer's father has more white than black in him. They are so mixed in the Caribbean that their DNA sef don confuse. Sometimes the skin complexion will skip a generation and then come back depending on the new added mix.
But in everything wisdom (DNA) is needed.
True talk but looking at his skin complexion, that's a typical black-coolie mix
Even Palmer father will reject any adverse DNA finding now though, after football money done land
Same with David Luiz and Ross Barkley, na quarter cast. But you can usually see a tan in quarter cast, whereas Cole Palmer looks fully white.
Looking at Cole Palmer's pops though, he's not even half cast. In Carribbean you have people like that who are considered fully black but whose parents or grandparents mixed with Coolie Indians. He will be called a black man with Coolie ancestry in St Kitts