chariisGRACE:
When you mix concrete with poor aggregate ratio, use steel bars that are not suitable, poor foundation depth, all in a bid to save cost; future disasters like this one are certain.

Great comment.

I saw some people building a multipurpose hall with high rise walls and iron works for the roofing, but surprisingly they were using tiny rods ( 10mm) for the pillars and I kept wondering how the building will stand over time.

I thank God for my pattern of voting since 2007 til date .

It's well.

faceland:
I may be wrong because I was too young, but in 1992, most people's salary was NOT up to 1k naira.

Registration for WAEC is #400 in 1992. How much is it now?

IbeOkehie:


I don't want it to happen, but I think Nigeria is already on the way to that place.

The recent measures announced by government are similar to those enacted in Lebanon and Venezuela at this point in their economic crisis and in fact similar to what Nigeria did under President Buhari in 1984. Nigeria didn't descend into complete economic meltdown in 1984 because Buhari was kicked out in 1985 and more importantly, IBB came in and introduced SAP.

President Tinubu is doing some SAP things right now and I commend him. He needs to go much further. The funny thing is, there will NEVER be economic development in Nigeria until the country adopts FREE MARKETS as the basic foundation of the political economy. Yes some people will "make it" in Nigeria just as there are people "making it" in Venezuela, but they will be few and of little general consequence.

This is not the appropriate thread or maybe it is, but I've already set out some things that MUST be done to make Nigeria a better place to live for all. There's really no choice in the matter. Again I thank @money121 for this thread, it's really important.

Good Luck to Nigeria.

Is Nigeria not operating FREE MARKET economy before now??



The real problems were created in 2015 when someone who was no longer functional took over and everything from security, to economy to anti-corruption started derailing grossly because he came to power with his own BIGOTED AGENDA.

matify83:
Hmmm!

I'm speechless.

Just 2014 here, I was buying cement at 1300. I can't just comprehend why inflation can take that 50kg of dust to 8k and beyond.

To worsen matters, it's not like people's income has increased exponentially to match the spiralling inflation rates.

Those who voted Sai baba in 2015 & renewed shege in 2023 have answers to that

Tinubu knows that price control is not possible for commodities not produced by government,just like telling private universities how much they will charge as school fees.

Second , importation of food is not easy nowadays, because of extremely high cost of USD making imported food to be far more expensive than locally produced ones .

If there were cheaper foods out there ,then there would have been no exporting of foods like maize, soyabeans, beniseed, etc.


Solution to Nigerian economic crisis is increased security, aggressive production of goods and services, especially farm products, and curbing corruption.

May God have mercy on us.

paramakina202:
Who brought Buhari that Nigerians rejected 3 good times and have already given up before Tinubu made him president.
Tinubu should be blamed for the sins of APC.He is the architect of hardship Nigerians are facing today.

May God bless you for putting it in proper perspective.


Tinubu is the architect of the economic disaster bedeviling Nigeria since 2015.

adioolayi:
" You can see, I was told here today that the price of maize has jumped from N30,000 to N60,000. So you see, a hundred percent increase, this is unacceptable. You can see these stores, there are hundreds of millions of Naira worth of hoarded commodity."

100% increase in less than 24hrs...wetin we dey do ourselves sef, we no know

So you believe the report?


Maize sold between 32,000 - 40,000 during harvest last year.

They want those in food business to distribute it free but dollar,cement, iron & steel products, oil & gas products, other commodities & services should skyrocket


Let the government buy the products at prevailing market prices and share FREE the people, if they really care for the people.

gratiaeo:
APC have turned Nigeria upside down, imagine a business owner don't have right to import goods in large quantities and sell gradual simple because Tinubu and his quark economic team does not know what they are doing

I really wonder if the warehouses are owned by government or individuals.

sketching:


Very soon if someone wear fine cloths, they would beat them up for wearing cloths when others are in rag (then hand them over to bandit for kidnapping tax)...

That is how Buhari evil campaign made all the rich men where I live took all their luxury car to Abuja (not to provoke the talakawas).

Buhari started the disastrous development ooo.

[quote author=donbrowser post=128231604]"A few years ago, a Toyota Corolla cost N4.8 million, so his annual salary without any expenditure on any other item, amounting to about N4.8 million, could buy a Toyota Corolla.

Today, the same Toyota Corolla costs about N52 million which is more than 10 years of his salary without expenditure, to be able to buy one, after having attained the highest point one can achieve in academia."

in a bid to politicize everything. [/quote

}

How much is Toyota Corolla tear rubber today, not tokunbo , please??

treesun:
And one Deluded Bayo Onanuga is telling us, press is hyping the killings!

What do you expect him to say when none o hisf family family
is involved.

The man accusing Senator Okey Ezea is talking rubbish.

If Fashola has wanted to do the road for 8 years, he would have long executed the job. Lagos Ibadan Expressway, Kaduna-Zaria-Kano dual 6-lanes carriageways were done even by Julius Bergers within the same period.

And someone is here talking about yeye Chinese company yet to start job after 8 years.


Nonsense.

Association of bigoted charge& bail lawyers from a side of the country ,who are not happy that Igbo man heads Navy ,have ganged up against the only Igbo man amongst service chief. Tribalistic hypocrites.

They are attacking the only Igbo man among the service chiefs.

Is it today that oil theft started

Is there not more corruption in other sectors of economy not headed by Igbo man.


Look at the profile of the petitioners, they are all from one ethnic group that place tribalism above any other consideration.


Arrant nonsense.

Too barbaric and horrible.

May God have mercy on us.

Rip.

On this Nairaland, it's being reported that the same BH has killed an army lieutenant and 2 vigilantes in Borno this morning while detained 1900 members of BH are being released into the society.

May God have mercy on us.

The damages done by Buhari and his ministers and other appointees are too DISASTROUS.

OmoOshodi:
If dem ask him to fortify himself spiritually...he will say na Jesus he believed in....

Many are walking dead

Alive or " dead" in Christ Jesus is better than fortified in charm.

Those who " died' in Christ Jesus have the reward of resurrection to eternal life.

Traveling long distance in Nigeria is purely for economic reasons. No buoyantt fellow will opt for road .

May God have mercy on us.

May God console his loved ones.


May his gentle soul rest in peace Amen.

Nothing wrong in what Bode George said.


Go and develop your region is a good advice.

The owambes are already defending their tribal lord here.

Go to court, and you will be fined #500 billion for criticising the new Sheriff in own.

fnep2smooth:
I can only give him a thumbs up because of some massive construction he started in abuja.

I can now see Elrufai buses moving around cos when I used it was during Jonathan time.

Then you will know that those fct minister buhari appointed are criminals.

No development for 8 years.

Buhari came only to shift the wealth of NIGERIA including unprecedented funds borrowed in the name of NIGERIA, all to his Muslim Fulani s by force and by fire, and not for the good of entire country. Abacha days were PARADISE compared to sai Baba days of locusts.

Socioeconomic TERRORIST .

Blazebond:
Whether we like it or not,this union (NLC) is now partisan and will pose the biggest threat to Nigerias economy,they ought to be dealt with one way or the other,since the commencement of this administration,the NLC and TUC have constituted themselves into a menace,the frequent interruptions of our daily activities by this "political" NLC is a serious cause for concern to this administration and ought to be tackled now,it is time for our industrial court to sanction them and ban them outrightly for a period of time and the labour party as a political party must be deregistered immediately.
The NLC should stick to its role as a PRESSURE group and not a POLITICAL group otherwise this country would be engulfed in a crisis soon that will claim lives of innocent people.

From their comments,you would know where they are coming from .Jagabandits.

The stenches oozing from this Onanuga of a thing is too nauseating. Even Liar Mohammed of Buhari regime seems to be better than this clown.

Castration should be adopted for proven cases of rape.

A sad reminder of Sam Okwaraji of Super Eagles of NIGERIA.


RIP.

mrvitalis:
Igbos having multiple AIGs wow wonder shall never end

There was a time South East had zero AIG for years

A CP had to be promoted to DIG to represent South East

If you don't mention Igbo in the matter,your day never break be that. Too shameful.

Diligence:
Is this not the same Bayo that said Igbos should not interfere in Lagos Politics?

What's the Igbo's so-called interference: choosing who to vote for?

Let's go to religion: Babachir already termed APC An Islamic party.

These APC's dregs are worst hypocrites!

The HYPOCRISY of Bayo Onanuga, the new liar Mohammed, knows no bounds.

Well meaning NIGERIANS know those who campaigned based on religion between Obi & APC .

Everything that has a beginning must have an end.