₦airaland Forum

udemzyudex:
Lol.. Who does that? Why print 2 copies of different judgment in the first place?

LOL.. Judgement was for the highest bidders.
It's a waste of time going to vote, going out to vote is just making the process a little harder for them, that's all.

What likely happened was that the judgment was written off the back of a previous judgment. This is a word processing error. It is similar to writing a letter off a template but remnants of the template still remain.

Bulldozer90:
Time to go our separate ways

Same governance issues will persist. Tribalism is no cure for institutional problems.

emorse:
Don't forget that you have to produce first before you can export. So if cost of production kills small businesses, there'll be nothing to export hence, no benefit of devaluation. It's a delicate balance.

The supposed low cost of production in FX did not stimulate the growth of small businesses either. Instead, the FX was spent on consumer goods which outcompeted and killed the little manufacturing we had/have.

uniquetechng:
Korea is a producing nation not a consuming Nation like Nigeria, we don't produce anything for export aside oil.
Weaker currency will impoverish the people.

The idea is that a weaker currency will stimulate productivity and export. As a natural course of events, an import dependent nation like ours, ought not to have a strong currency if demand for it is low. Ours was obviously propped up by the CBN. We can make the decision to keep propping up the naira for the benefit of the elite, but we must realize that it is at the expense of higher priorities such as education and healthcare.

Kobojunkie:
I don't like stories.. answer the questions.

Where? What agricultural goods and produce are being exported? This is a sincere question as I have no idea what actual goods Nigeria currently manufacture and exports.

They are selling these products at what rate abeg? I figure cost of processing and production in Nigeria is not cheap at all compared to other more stable economies out elsewhere.

Some costs of production will be variable with the dollar but most are not. Labour costs will largely be denominated in naira, the land and/or factory similarly in naira, transportation will be in naira, financing will be in naira not dollars.

Other countries have tried this same formula. It is not rock science. Besides, there is a cost in being an import driven economy based on petro-socialism. If the money used to prop an overvalued naira for the elite was used for better priorities like healthcare and education we improve our Labour force. Amongst 200m people, we should be able to find sufficient geniuses that can innovate.

Kobojunkie:
I don't like stories.. answer the questions.

Where? What agricultural goods and produce are being exported? This is a sincere question as I have no idea what actual goods Nigeria currently manufacture and exports.

They are selling these products at what rate abeg? I figure cost of processing and production in Nigeria is not cheap at all compared to other more stable economies out elsewhere.

I just said cash crops… cocoa, cashew, tobacco, timber and the likes. Some companies process these at some level and export.

rockyh:
use the right word many things are wrong with his brain. How many Nigerians have access to the advanced technological development in other countries even social services you think exportation is all about the low standard quality in Nigeria,if you don't know some of our foodstuffs are smuggled to Europe because it is not of international standard. Until your government is serious about investment and standardization of Local products kiss the economy goodbye

Petro-socialism is not sustainable.

Kobojunkie:
Where? What agricultural goods and produce are being exported? This is a sincere question as I have no idea what actual goods Nigeria currently manufacture and exports.

It will surprise you. People export cash crops, legal and financial services. People earn in FX due to tech.

fineboynl:
No country would want Nigeria produce. Even our local rice will can’t export because its even more expensive than the polish foreign rice.

Tinubu needs to reverse the policy on subsidy. At least take Nigeria back to where he met it. 750 to dollars and 200 fuel price.

But there is the problem of priorities. Bringing back fuel subsidies and reverting the FX rate to 750 or whatever means we are not spending more money on our refineries, education or health or bulletproof vehicles.

lexy2014:
According to you "PBAT is a genius in economy". How can someone be a genius in "economy"? What type of English is that?

You are comparing nigeria with China. Pls which "cheaper labour" is Nigeria going to attract by devaluing the naira?

Which products is Nigeria producing that will become cheaper for exports? Export to where exactly?

How should Tinubu ensure food security and national security?

People exporting goods including processed agricultural goods, and services are making a killing. Every dollar brought into the country swells the naira you have.

Imagine if we had great hospitals which attracted patients from around the world in the same fashion as India and your doctors are still paid in naira.

Bebigiby1:
The economic mathematics been peddled by these analysts posted By BusinessDay regarding argument about local export benefiting from weak currency is a farce and unrealistic... There is no economic benefit of weak devalued naira as Nigeria is majorly an import driven economy.... The infrastructural deficit as regards high cost of reliable electricity, transportation et al will erode any competitive advantage if you produce locally in Nigeria.... The only solution is for naira currency to appreciate in value and this can be achieved if politicians stop looting our public funds, refine fuel locally (Government must build and operate at least one refinery) and reduce the cost of government by dissolving duplicate ministries, parastatals and pubic offices including reducing the number of senators, reps and ministers.... The current system of government is bloated and too expensive......

This is an example of Buharionomics. The belief that economic issues are solved with anti corruption.

Newdawn30:
The best palliative is subsidy... It has a trickle effect on the economy , instead of, all this conditional cash and dashing money up and down, that will end up in the private pocket of corrupt officials.

Sharing money doesn't work in Nigeria because we lack adequate data as a society.

The painful part is, after removing the subsidy we are still borrowing, while the citizens are suffering more than ever before

Sadly your government lacks the funds for the subsidies. It is broke. Subsidies are meant to support productivity to an extent that they can be removed in the long run.

Does IMF need to inform the Nigerian government that the subsidy is parasitic?!

Omooba77:
https://guardian.ng/sport/n50400-for-covid-19-test-in-nigeria-free-in-cameroon/

In this world, there is nothing free. Someone somewhere is always footing the bill.

Ttalk:
You seems not to understand what is happening in this country.

The nepotistic nature of Buhari is not an masses versus elite dichotomy

The mining of gold in Zamfara by state government is not an elites vs masses scheme

The concentration of security chiefs in one region is not masses verses elites plan

The militarisation of southern Nigeria with numerous checkpoints while northern roads are left without such barricades has nothing to do with elite vs masses

The concentration of absolute power at the centre has nothing to do with masses or the rich.

This is clear Nationals war, it is scheme to dominate and oppress

Yet the man is guaranteed to leave office in 2023. Wouldn't you thank the Constitution for that? Hasn't it ensured that there can be no despot? Whatever policies made by Buhari will be unwound by the next president. The concentration of security chiefs can be more varied as you wish. The militarization of the South can be reversed and the soldiers will be redeployed.

The concentration of power which you have complained about is diluted by the separation of powers between the National Assembly, Judiciary and the Executive. Buhari cannot make laws and adjudge you in court for any transgressions. He may accuse of a crime but he cannot punish you without the intervention of the judiciary.

Despite all these, the conflict between classes remain. The rich will get richer and the poor will get poorer.

Eriokanmi:
See this one. We won't explore the ondo and Lagos Oil to the maximum capacity yet and that's where we are wiser than you all. Lagos exploration hasn't even cimmenced yet. Mention any Niger delta state that's more developed than ondo state in spite of the huge allocation at their disposal. I'm waiting. We have the 2nd largest deposit of bitumen in the world, in same ondo state. Google is your friend. Its for the future. If you know, you know.

Your post is a clear indication that we're wiser and smarter than you guys. We are talking of first oil discovery but you completely deviated from the fact, only harping on the aftermath of oil discovery in Nigeria. If we could do so much in our region from proceeds from cocoa, had the oil been first discovered in our region, our region wouldn't have taken any of the shiits you guys took, thereby cause your region to be so destroyed,impoverished and the multinationals abandoned cleaning up the region. Truth is bitter, you know and that's what I'd like you to come to terms with. There are oil companies' head quarters in our region and we made them develop and take charge of environmental hazards caused by them. Have you been to Lekki and VI before? Go see them there. They're well behaved and that's what makes the difference between the 2 regions. I remember the day I visited Niger Delta University Teaching Hospital in okolobiri, which looks like a glorified health centre. No meaningful development there. The population of okolobiri isn't up to 30k yet, no single street light there and there's an NLNG facility there flaring gas. No.good hotel, people relied on generator and i asked them why were they so backward, they said their people who collect royalties from the oil companies live in abuja and only give them crumbs. Such nonsense won't happen here.

I will disagree with you at the point where you consider people of the Niger Delta to be intellectually inferior by virtue of their tribes. The viciousness of poverty guarantees that people will always be exploited by their elites. It can happen anywhere and happens everywhere including the South west. Corruption in state governments ensures that people are not getting the education and social support they need. I think corruption is a larger issue than resource control because where a state has total control of its resources, it will still waste it away.

Berankis:
How about the ones you were given? Have you accounted for any? We all saw what happened with the NDDC the last time and the fainting Chairman. How the south-south past governors (Alamieyeseigha, James Ibori others) mis-managed funds. Ownership of oil that you cannot do anything tangible with. As far as I know the monthly allocation of the south-south states doubles and some times tripples the allocation given to some states in this same country.
The south-south (& Nigerians) should be accountable first and every other thing will be fine.
The only thing I find unjust and inappropriate is the ownership of oil Wells in the south-south by the Northerners, that is what should be fought against.

The North is responsible for the corruption in the oil & gas industry and in the politics of the Niger Delta.

israelmao:
The excerpt from the paragraph seven brought to the fore the issue of power devolution or decentralization of power or in its totality the much-needed and widely clamoured restructuring. Let each region manage its resources and let certain percentage be brought to the centre for common use. Some people have not been forthright and straightforward with the agitation for restructuring because the status quo favours them knowing very well that any detour or distortion in that will curb or eliminate their overbearing disposition or nature.

It appears political restructuring for you is limited solely to resource control, and you consider resource control solely from the angle of revenue generation. Managing of resources involves more than generating revenue. You have to factor safety, capital and technical expertise. This brings us to regulation. Businesses prefer centralization because even though the rules and regulations may be complex, they will not be multiplied. For example, imagine MTN operating in 36 states with 36 regulations on operations and licensing; it will be prohibitively expensive.

nduprincekc:

https://www.youtube.com/watch?v=bFCGWwfdM3o

Lalasticlala Mynd44 Dominique


This is getting out of hand

God have mercy .


This is what we are going through ...
From Lagos down to Anambra State..


We are suffering big time.

God will judge..

Please please please subscribe to my channel

Welcome to true Federalism.

orunto27:
APC DASUKIGATE.

IT'S ALL RIFA-RUGA ISLAMISATION FULANISATION AND ANARCHY POLICY OF BMF-BOKOISWA.

FROM ORISA37

The problem with comments like this is not only that they are untrue but occupy critical space for sensible and realistic discussions on the country. Because in 2019, Nigerians did not address issues on infrastructure and borrowings, and instead were focused on zoning and North and South dichotomy, we elected the wrong person!

knowhowk:
With the Recent Take over of Afghanistan by the Taliban ,Seems Religious Fundamentalist and Extremist don't give up their Visions and Missions easily Irrespective of the years involved .

They are Die Hard .. Most are not Afriad to die as they believe that there is much Rewards for them incase they Die in a Struggle.

With the way and Manner Terrorist are been handled in Nigeria ,With the Heavy Support and Allegiance to ISIS ,Heavy Financial Ability and Moles within our Security Operatives, Won't they one day get to ASO ROCK to take over the Government .Imagine a Soldier that thinks about His Family ,Life ,Un-sofisticated .Weapons.
Boko - Haram / Iswap are die Hard....

Gone are the days Soldiers are Passionate about WARS ,In this Present Naija Situations it seems that Mindset is changing especially when they think about the Old Fashioned Weaponry in Comparison to the Terrorists Own.

Gradually , Little by Little Terrorist are unshakable ,They are Bold ,Stern..they keep Fighting on and on...

Nigeria ...The Journey to a Secured Nation is still Far ....

What do you think ?

The Islamic fundamentalists do not have the burden of tribalism, false divisions and false narratives that keep Nigerians disjointed and disunited, particularly the North and South dichotomy which I think is fake and at at best a British colonial creation. It is likely that these terrorists will overcome Nigeria as soon as the country breaks apart or attempts a radical restructuring.

DubaiLandLord2:
#100b was released to all the 36 states in Nigeria to build ranching. Is left for the FG to make an investigation into it.

This can't stop states that have decided to pass anti-grazing bill.

Any Fulani that is not happy with the open grazing bill in the south is free to go back to their state of origin, some are not even Nigerians.

A Southern Governor do not owe a Fulani man running his cow business any ranch.

Any Fulani walking around with cattles should be arrested and their cows confiscated. The law is the law.

What convinced you to believe that only Fulanis rear cattle in Nigeria?!

[quote author=TripleOh7 post=107040398][/quote]You have a point there that the government will likely clamp down on agitators. But at the end of the day, agitators carry a national vision and it must be democratic. Otherwise, the agitation does not worth it.

[quote author=TripleOh7 post=107000476][/quote]So in a way, with the degradation of history in public schools, mix with other tribal groups, insidious colonialism, you agree me that Yorubas are losing their traditional culture and their Omoluabi-ness?!

It appears that the first project before the new nation is declared is to have a serious teaching of history and cultural values in our public schools in order to imbibe the future citizens of the Yoruba nation with the foundation needed for the nation to stand.

I think the fact that the agitators do not have an economic or political roadmap for the new nation are unserious. Because it makes no sense to have your nation and yet no plans. How many years will be needed to "discuss" the new structure of government, police force, military and the role of our traditional leaders. It is fatal to believe that homogeneity does not accommodate diverse values and beliefs.

UCHIHAmask:
I think you need to read the 2nd paragraph in my first comment again,it clearly explained this question.
Your first paragraph is still rephrasing the problems we have in Nigeria,now the question is why hasn't this problems Been tackled In Nigeria or how how is it going to be tackled with this much difference in culture and religion between us?how can we rise up together against injustice in Nigeria?how can we come together to agree on a change in constitution or system of government in Nigeria? The truth is that we can't!!
We mock each other even when we are all under oppression,our perception of each other and sense of judgement is bias and tainted with tribalism (I don' need to give you a case scenario), we would never understand each other, isn't it clear already that chasing unity with the level of corruption and ineptitude in the system of government we practice is impossible!!!
I say again,in an homogeneous/almost homogeneous nation or in a nation where each region has autonomy,there is much more chances for citizens to rise against injustice! Evidently,during the regional system of government in past years,the YORUBAS protested against obafemi awolowo a man whom they loved because it was perceived that he is oppressing akintola,how much more would they have done if the suffering and rate of government corruption now was then....

"Wouldn't the Yoruba nation be at risk of collapse without a clear economic roadmap: Wouldn't the nation be at risk of falling into despotic hands where there are no traditional and strong institutions to counterbalance" I'm surprised at this question!,what the hell is your standpoint,does Nigeria have a clear economic roadmap?,is Nigeria's government not more than despotic with the way our leaders don't follow judicial sanctions?,how can you talk of lack of traditional and strong institutions to counterbalance in a new Yoruba nation or any nation at all,where are that institutions in Nigeria? And what effect have they against injustice in our current nigeria system of government?
There can be no logical reason to support this current system of government in Nigeria and with the way it is structured,only the senates/judiciary etc can bring a cure,now would they?twice,the two-third majority of NASS rejected the restructuring bill!!

I strongly doubt if you answered any of my questions. Corruption is an institutional and structural problem that permeates the very fabric of society. It is like every modern evil - both banal, structural and insidious. It is not outrageous enough to ignite public indignation but works slowly and subtly and outside the public eye.

I think anyone, pondering a new nation out of Nigeria, must have solutions for the Nigerian problems that may plague the new nation.

The reason the NPF works so badly is because the structural problems it faces. No amount of protests will fix those problems. If a police force is poorly funded, poorly remunerated and poorly trained, there is no way they will be effective.

Crixxx:
The islamisation movement continues. They are really trying to infiltrate the south completely, with the East giving them heavy problems.

Is it the Islamisation plan to infiltrate the East with cattle?! Why didn't they do so under IBB or Abacha? Why don't they teach Islam as a compulsory subject in our schools?

[quote author=TripleOh7 post=106970488][/quote]Yes, we may have millions of Yorubas who can trace their lineages to some patriarch who have grown up and been raised in different places across the world and in this country. Their lives are far divorced from the pre-1914 Yoruba culture which is pretty alien to them. The point I am making here is that there is no cultural or historical ties/commonality amongst Yorubas aside from just tribe. An urban Yoruba has very little cultural and socio-economic ties with the rural Yoruba. The culture, from which Omoluabi emerges from and which ought to be the foundation of the new Yorubas, is not the common bond amongst Yorubas. From the globalized world today, we have globalized Yorubas. We need some more solid foundation rooted in the present.

Interesting you pondered about the governance structures the Yoruba nation may have to adopt. Obviously, democracy will be only option. Similarly, any agitation must be democratic. It must create structures that accommodate these democratic ideals. Of what use is there, to escape dictatorship disguised as Nigeria for Oduduwa. i doubt if IPOB is a great example of any agitation imbibes democratic values and principles.

Nigeria faces millennial problems like overpopulation, infrastructural deficits, import reliant economy, low government revenues, poor education and insecurity. I doubt if these problems will disappear because there is a Yoruba nation. So while agitating for a new nation, we ought to begin addressing these issues. I love idealism but what will keep a Yoruba nation without massive oil and gas reserves going in its first year of existence.

UCHIHAmask:
In Yoruba nation, Yoruba citizens can easily unite and protest a change In government/constitution or against corruption anywhere it raises it's tails and security forces would comprise only Yorubas,so the police killings would immediately lessen with patriotism awakened.
In Nigeria, the difference couldn't achieve a United front In protest against government and security forces killings and oppression, they mock each other with bias reckless abandon.

Do you really think corruption can be cured by homogeneity? Do you think that if the police force of the Yoruba nation is poorly educated, poorly motivated, poorly housed, poorly trained, overworked and underpaid, it will use the Omoluabi spirit to sail through and avoid corruption?

Wouldn't the Yoruba nation be at risk of collapse without a clear economic roadmap: Wouldn't the nation be at risk of falling into despotic hands where there are no traditional and strong institutions to counterbalance?

Lets have real conversations.

TripleOh7:
No.
But we have an opportunity to build a nation from foundation.

We have an opportunity to make sure that the foundation is SOLID.

It is true, Yoruba politicians and youths are part of the corrupt class at the moment, but there was a time before the amalgamation when your family name was important, when the Yoruba principle of OMOLUABI was the guiding light for Yorubas, when the adage "nothing is more shameful for a man than stealing and laziness (olè and ọ̀lẹ)" was very much in force.


Now, look at us as a people. We have been married to disparate tribes, corrupted by some that believe that you must make money by all means even if it means ferrying drugs or doing money rituals.


I'm not saying that Yoruba used to be an ethnic group devoid of bad elements, I'm saying that if you were caught, you wouldn't be celebrated and given chieftaincy titles as is obtained today.


There used to be a time in Yorubaland whereby people traded by barter. You'd leave your yams by the roadside and you'll meet your money or whatever it's traded with intact.


If there were to be serious corruption problem in the new Yoruba nation, wouldn't it be easier to solve than when we all have to look to Abuja (the seat of corruption) to help us fight corruption?


I can bet my last dollar that this embarrassing situation at the airport will not be looked into by the government.


Why do you think the politicians are desperate to keep Nigeria one?


Why do you think the colonialists are desperate to keep Nigeria one?

I admire your vision for the new Yoruba nation, but remember you, your character and vision only cannot make this nation. But I doubt if you will find your foundation because who is a Yoruba today? Who is Yoruba after a hundred years of colonialism and capitalism? Where will you place the influence of Western media and education in our people.

Also, what is the geopolitical impact of a Yoruba nation in Africa? Will the nation be capitalist or socialist? Are we going to be in the African free market?

TripleOh7:
Nigeria is NOT working.

Nigeria will NEVER work.

Dismantle Nigeria NOW!!!

#YorubaNationNow

#YorubaNationNowNow

Will the Yoruba nation be clean of corruption because Yoruba blood flows through Yoruba veins?!

Harpyeagle:
Lol. If there were a rumour that ipob took over a building somewhere, they'd have sent the entire armed forces from all over the country to go there and do some massacre but as it's their own people, even when they've taken over several states and still killing and kidnapping they are still getting pardoned here and there in the name of repentance.
Yet they have the guts to tag seeking secession as terrorism.

This narrative has never made sense to me. Why would the Northerners show love to bandits and terrorists that are threatening their lives and livelihood?! The narrative is too complicated to be true. It like saying you will forgive an armed robber for killing your father and mother because he is from your village.

Wouldn't it be tragic if Nigeria breaks apart, at a heavy human cost, and its constituent parts are governed by characters with superficial visions like this?