₦airaland Forum

KingTom:
The maize and wheat price crash will crash the price of feed which will in turn crash the price of eggs and birds. The bird and egg price crash will vis a vis crash the state of hunger, the state of hunger will crash the state of anger and the state of anger will to some extent crash the state of insecurity

It's a simple stuff with ripple effect across the agribusiness.

This is the same policy that the government should've done like immediately the hyperinflation started.

Nonsense and ingredients.

liveLongNprospa:
What does communication do when the actions are still leading to suffering?
At what point do you think people will start calling the communication lamba?

Whether the people call the communication lamba or not is irrelevant, it's the government responsibility to fully communicate their intentions and policy to the people.

When Tinubu removed fuel subsidy and unified exchange rate, was the policy not clearly communicated? Let them keep the same energy on actions and policy they are doing to alleviate the suffering of the people.

liveLongNprospa:
So you suggest people bear this for another 4yrs without any protest in between 😁 or with protests?

Na English I use type bro, no be mandarin.

People have a right to protest and they should if they are dissatisfied with the government.

It doesn't change the fact that the best form of protest is through the ballot.

OasisX:


......how I wish Peter Obi heeds DonJ and Okonkwo demands. LOL!

Shehu Sani dey craze.

iamoyindamola:
That useless man called apkabio should be tamed

The man no send at all. Zero optics or filter.

raumdeuter:
larride oasisx

Is there protest anywhere in Lagos

Yes. In Ojota, Lekki and Alausa. Its controlled by the police though.

OasisX:
.......Airmark and I were proffering solutions to hunger issue but guess what?! We were mocked.

After I suggested massive Importation of staple foods by the Government to complement opening of borders, my dear friend and brother izzou started gathering firewoods, lighted it and roasted me well well. Thanks Swiz123 and larride that comot me for fire, I for don turn ashes.

I also suggested separation and creating New Ministry for Foods Security, basically with sole objective - flood every nook and cranny of Nigeria with subsidized foods. Una no see this ó, na Oasis dey mock us una dey post upandan. LOL!

There is anger and hunger in the land and the government that should communicate clearly what they are doing to stop the suffering of the people are either gaslighting them or dragging their feet.

The government need to sort out its comms team, 90% of them should be fired immediately. Even the little the government is doing, nobody is explaining them.

Ajuri has been nothing short of a disappointment. Dele Alake should be brought back to the ministry of information and Tolu reappointed as the President spokesperson.

raumdeuter:
Address what? Protest wey just dey start. The Kano governor wey encourage the protest don address them?

Abeg make we enjoy the drenaline rush of protest first na just day 1 be this

reminds me of those wey get 30 days fasting and from day 2 don dey complain of hunger and konji

The President needs to address the nation tonight. Calm nerves and reassures everyone that they are fixing the country.

The words of the President goes a long way.

liveLongNprospa:
I agree.
So then what is the alternative seeing as anti-government protests are demonised.

What do you suggest is done that will also have the same effect and send the required message to a Federal Government that doesn't care.

The government can demonize protest as much as they like, it doesn't stop it from being a legit form of expressing the citizens disaffection.

As per your last question, the best form of protest in a democracy is through the ballot.

Hopefully we'll see more urgency from the government going forward.

None of those lackadaisical attitude.

liveLongNprospa:
Lmaooo mention the last time you saw a major anti-government protest that was peaceful in apc regime.
We can go back to PDP too.

Now what can we do as anti-government protests are violent?
What are the alternatives?

No protest even end peacefully. There are some people just waiting for a little disobedience across board to start carrying out their own agenda.

That's why instead of the police warning people not to protest so it wont be hijacked, they should be making sure that the protest is carried out in a controlled manner where they can nip any violence in the mud immediately.

I expect the President to address the nation tonight sha.

OasisX:


.....mumu Governor allegedly wants to score cheap political points. He declared his support for the protest, promise to join them like Sanwo-Olu did during EndSARS. LOL!

I'm reading reports that protesters don enter Kano Govt House?

izzou:
[color=royalblue]I don quote you before you modify am [/color]

Ok. Its part of steps the government should've done immediately hyperinflation started happening but they were doing strong head that they wont import bla bla bla.

They better go and find the money to get the $$$ back to 1k or below.

izzou:
[color=royalblue]80 million.

By December, that 80 million turns to 140 million without duty.

So is duty really the issue?[/color]

You sure say you read my post finish so?

izzou:
[color=royalblue]I no sabi economics, and when Ibi.me or User comment, i shut up and read.

But i have done enough buying and selling to know that all these theories are just talks. It will reduce next to nothing.


When we were paying 70% import duty, dollar was 400. Infact, how much did Buhari leave it?

Now without any import duty, it is 1600. So, how will zero import duty reduce whatever we are paying? It can get to 1800 before we finish August.

If Tinubu removes duty from fuel and stops subsidy, you will buy fuel at 1,100. Infact, before the next Eke market day, it will be 1250.

Then you'll tell me that it is cheaper?[/color]

This is not how it work bro.

Let's use $1 - 1600.

Before the open border and import duties waiver:

If you buy a container of Wheat at $50k, that's 80m naira using the exchange rate of 1600, you will then have to pay a 70% import duties on the container of Wheat that you just imported. That's 0.7x$50,000 = $35,000. Using the exchange rate of 1600, that's 56m. It basically means the businessman will pay 80m + 56m = 136m for a full container of Wheat.

With the new policy, the same business man will pay just 80m, saving the business man 56m.

Which price will be cheaper, when the businessman has to pay 136m or 80m?

This doesn't negate the fact that exchange rate has to go down significantly also to further crash the price further.

swiz123:
Opening of border could help us gain from those commodities in which we have comparative disadvantage, and as well as grant tax waivers on those adjudged to be necessary.

Yeah. I think that's what izzou and itsrm didnt get.

The FG is making essential food items and materials import duty free and granting some tax waivers.

For example, Wheat has a 70% import duties on it, I think Rice has a 90% import duties or so. This duties automatically double the price of the commodity from the initial price the importer buy it from.

While the policy won't fully crash the price of things, it will reduce the prices of those commodity.

The govt need to find a way to make the exchange rate go down significantly though.

MTN, Airtel, Glo almost down. Internet dey crawl

OasisX:

https://www.youtube.com/watch?v=KcwPf9gywPg?si=HQFJtJXqko8iP4fX

Tinubu carry this man go ministry of mines while he left those that cant properly communicate to be the image builder of the administration.

Na so Otega use Presidency handle to share his own personal O'ped. Bunch of clowns.

donjazzet:
The protest is a wonderful idea. One that should have happened long since, but the lack of succinct messaging concerns me.

The number win you score as a protester is an effective label of your protest.
If you say "bad governance",, you have to try and be more specific.
Is it corruption? Is it failure of justice? is it failed economy?. Governance is too broad a stroke for protests. Make exact demands.

You are right.

GloriousGbola:
Unfortunately Akpabio is actually and definitely stupid enough to say something like this.

He did. The video is out there.

BlueRayDick:
Yes, Sego is now the new chairman in Lagos. But it appears McOluomo is currently hanging in limbo.

The move to Abuja for him has not been easy as he thought initially. It will be hard for him to later get the National Chairman seat.

Yes. I think Agbaje is the current National Chairman right?

Heard McOlumo is no longer the chairman of NURTW in Lagos.

Sego Mustapha is the new chairman.

Rumors that McOlumo will be made National Chairman.

Unlimited22:
Now if Favour Ofili decides to pull a Francis Obikwelu, will anyone blame her?

Nobody will blame her. This is not even incompetence. Someone is targeting her.

Back to back omission is intentional.

raumdeuter:
Fuuvck around Find out. Israel went into Iran and smoked Hamas leader

Top Hamas leader Ismail Haniyeh has been killed in Iran, the group has said.

In a statement released on Wednesday, Hamas said Haniyeh was killed in an Israeli raid on his residence in Tehran.

According to the group, Haniyeh died after participating in the inauguration ceremony of the new Iranian President Masoud Pezeshkian who was sworn in on Tuesday.

Nobody has yet to claim responsibility.

Won't this just stoke up more tension and continue the infighting? Even if there's a chance of peace, Israel just piss it out of the window.

Itsrm:
I'm ready to be patient. . I will only buy below 0.009 or above 0.021.

Nice strategy. Only if it dips down or break ATH

Itsrm:
It can. All depends on what BTC decides to do.

Even when BTC went down to sub 60k, it didnt get below 0.09. Unless BTC has a massive dump to like sub 45-50k, I doubt it will ever go that low again.

Itsrm:
Notcoin no wan cook again Larride. Doesn't pump when others pump and dumps when they dump. Sold my holdings at 0.017. Will buy back between 0.004 - 0.009.

I doubt it will go that lower oh. Surprised it stagnated too tbh.

izzou:
[color=royalblue]Even Oasis that supports Tinubu has never added Kanu to the protest.

All over the Internet and media, nobody has said anything about protesting for his release.

I am just surprised that I can read their posts, and when i see his, i begin to wonder what happened[/color]

I think that particular list is from Sowore Camp. I've seen it before on Twitter.

Itsrm:
Raise which money?

Hotel that has been opened by the police and work is ongoing. Fubaras men have been crying all over radio stations.

How your exam bros?

CrystalTiger:
I saw this news yesterday and I just shook my head..Our politicians have very funny priorities..

Lost my dad fourteen days ago and the caterer bill I received yesterday, I just wonder how the average Nigerian is able to feed..

My condolences.

liveLongNprospa:
Lmao.. It's straight forward.
Someone used that loan deal to move 120million barrels of oil.
Or let's say they will be moving it over time.

Lol. There is a reason why I defer to Ibime to bring expert opinion into the matter.

For one thing, the price of crude oil is not fixed, the crude oil pledged is a form of guarantee that even if oil prices tank tomorrow, the loan and the interest will be paid.

This kind of deal also involve CBN and FIRS. The interest on loan and loan amount is known.