₦airaland Forum

Halla AtikuObi
Halls Madrid

mknigeriagreat:
Bubu all the way and this analogy below sweetens me.


Multiplier effect of corruption

1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.

2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.

3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.

4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.

5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced he plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buy half.

6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.

7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.

8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"

9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.

10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.

Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed

My Take:
Most of the so called rich men and women in Nigeria before now were feeding fat on the populace, imaging a level 15 officer in a state ministry sponsoring two of his/her children's education in Europe but when TSA came to effect, free money dried up but Buhari was blamed for the inability to fund children in Europe! Awon ole jati -jati, ofan a je l'oju onile.

And from the TSA Buhari's son buys a power bike for 75 million naira, and millions of pounds spent in London hospital and no panadol at Aso rock clinic

Tales by moonlight, you couldn't shout because there are people around. I just dey laugh

Please what is happening in Lagos Badagry road

FastShipping:
Tambuwal is the Fulani presidential candidate chosen and annointed by Wike.

Unfortunately, no politician (dead or alive) can beat that man called Buhari in the North. Not happening....

You will eat your words after February 2019

47. Rev Chris Okotie

Bad guy
Really interesting

Mad man

Patrinus:
Watched mega fortunes while growing up, and this guy was way up there in terms of swag and had all the ladies swooning for him and his brother Ken and one other guy like that. He was always well dressed in that series (clothing probably came with the role).

Its really surprising hearing he got paid that amount and its even more ridiculous to note what he bought with it. He who gets carried away by the glamour on tv will surely perish!

I think his fathers name there is Chief Fred Akin-Thomas

Those that are saying that Nigeria was denied a penalty do not understand football.
The guy headed the ball and it touched his hand. It is called ball to hand and not a handball.
I rather blame the coach for not making changes towards the end of the game to hold on.
All the same, we do not deserve to qualify. Let us come home and face the terrorists that call themselves 'herdsmen'

Brother, run for your life ohhhhh[code][/code][font=Lucida Sans Unicode][/font]

Brother, run for your life ohhhhh

Bet9ja smiling to the bank

RUN RUN RUN & RUN

mrdashing10:
What happened to forgiveness?

Not on issues like this, 5 years of denial and giving it freely outside, habaa

Fear women

[quote author=35824L post=67468007]That is how our developers from the east are developing Lagos.[/quote

Go and sell land and chop the money. Na the only thing you fit do be that

TDEMONEW:
Ogbeni Tha money is not up to three million....

I think it's 1.2 million, since it is 6 bundles of 200 naira

resurgentxtian4:
Stop insulting Yorubas. The fact is that we don’t like igbos or anyone related to igbos. We are more comfortable with the Hausas.

Are we cool now?

The day your papa go sell that last land we remain for una, na Igbo go buy am

JideAmuGiaka:
You have many projects at hand gulping a lot of money therefore you will only do the introduction for now and the trad will be after she give birth.

Mr project, the parents of the girl saw unseriousness and deception in you and I agree with them.

I don't agree with what the parents did, but Mr Project, just as advice, continue with your projects, nonsense

Wise up

And now, this

Icecomrade:

See how these criminals are fooling the Nigeria Police.

Nobody cannot make withdrawal by been with a persons account details or BVN.

This shows how poorly enlightened our police officers are.

You can do that by USSD

Ok

Close down the Lagos business and take your wife to Abuja to live with you period

How did we get to the point in the year 2017 where a Nigerian earning the minimum wage of ₦18,000 can’t even fill up his fuel tank with his monthly pay. Can’t buy a bag of rice with his salary. Can’t buy a one way ticket to his hometown for Christmas with his wages. How? Why?

How did we get to the point in the year 2017 where a Nigerian earning the minimum wage of ₦18,000 can’t even fill up his fuel tank with his monthly pay. Can’t buy a bag of rice with his salary. Can’t buy a one way ticket to his hometown for Christmas with his wages. How? Why?

ProWalker:
The idiot was hiding under the wife bed, it was not until they tear the wife better eye turning slap that she showed them where the useless thief was cowed under her bad.

You think you can chop yoruba people money and run away

Bastard!

The day your papa go sell that last land we remain for una, na Innoson staff go buy am

Please where is the ceremony here

Yes naa, before nko?

How, nobody is talking about Nokia 2 here

Animal that is their tradition, we are Igbos