₦airaland Forum

Dogalmighty17:
Which one has he handled well? As president, mention ONE thing this government deserves a pass mark in...just one thing!

Fx rate stability & Nelfund?

occfx:
Why this people no dey look Atiku side?

Pay attention: PBAT and his team know that the main opposition is Atiku; everyone else is just a side attraction.

PulaPower:
Lol

They’ll soon start remembering saudauna, just wait for it..

Anybody that understand Nigeria would know that Obi can never become a president of this country..

The moment he was caught with that war tapes, it was the end of the road for him..

I do not believe anything is impossible. If he runs under the APC or PDP with the backing of the presidency—and key northern power brokers—it's very possible.

yMcy56:
Is PiggyVest not like those ponzi schemes?

I joined Piggyvest circa 2016 and in my opinion they are miles are ahead of the others in that fintech savings space and quite safe too.

KnowAll:
You are saying the truth. To disguise what we are practising as democracy is to make a mockery of our intelligence. Personally since people like Obi has not being found to wanting more than 10 years after his tenure as a Governor. I would be more than happy to give him 4 terms to reset this nation. Samething cannot be said of others.

For you information I am not an obedient. But I think BAT more or less has being the Governor behind the scenes of Lagos State for 19 years and there is really nothing to show.

If a man is a not a thief that kind of person can be trusted and should be encouraged to rule as long as Lee Kwan yew. After that we can start this 4 years business .

But I doubt if our Northern brothers will agree to such arrangement.

To be sincere I am not too happy of BAT’s perpetual rule. If a corper who has never being to Lagos b4 can say Lagos is smelling. It is an indictment on BAT.

So we need to smell the coffee and go for empiricality.

saying BAT ruled Lagos for 20 years and has nothing to show is an overkill—but I am interested: which other state has something significantly better than Lagos in Nigeria, or even in the entire West Africa?

masterfactor:
Does this reduce the price of item in the market.

My redmi note 15, 8gb, 256 GB I bought in May for 345k, is now sold for 380k.

Phones with lesser configuration are sold at exorbitant price.

2gb, 64gb. 120k or more
4gb, 128gb 180 or more
Mid-range 6gb, 128gb 250k or more
8gb 256gb 350k to 520k

Why are price of commodity not reducing

That's more likely vendor manipulation. FX has been largely stable; marginal increases of ₦10–₦30 are expected in a floating currency. Rates are only constant when a currency is pegged. The same applies to the USD and GBP—you'll always see slight fluctuations, up or down, from time to time.

BUTTERMILKSUGAR:
Have you seen 3000$before?
Do you own a company paying 3k dollars that is not much?

Come on, you don’t have to project your own reality onto everyone else’s. Why not ask for more information instead? For example, I personally know quite a few young Nigerians who earn at least $1,500 per month working remotely as call center agents, especially in telehealth.

Asangbekoko:
What a bundle of incoherent vetuperations above!
Did I indicate support for Tinumbu in my post?
Or I said something out of intellectual rationality?
It seems your temper against Soyinka is uncontrollably high. But then, he has the right to an opinion.

You all should move your political rants away from this thread. Lets focus abeg

ibabz:
It is both pointless and unproductive to engage in an argument with someone whose entire position is based on AI-generated responses rather than independent thought, facts, and evidence.

One of my favorite quotes says it best: “You can convince fifty scholars with a single fact, but you cannot convince a ful with fifty facts.”

At some point, continuing the debate becomes an exercise in futility. When facts, evidence, and logic no longer matter, the discussion ceases to be a debate and becomes a waste of time.

Why not simply admit that you do not have the depth for this conversation? Anyway, stay blessed.

ibabz:
Let me even pretend I understand the point you’re trying to make.

Can ₦1 million today buy what it could buy five years ago? The answer is obvious. The purchasing power of Nigerians has been severely eroded.

How many civil servants can afford to buy a tokunbo car today? How many can realistically think about building a house? Even many Level 15 officers can no longer afford things that were once within reach for middle-income earners, let alone undertake major projects like home ownership.

What’s even more telling is that many civil servants now struggle to send their children to public universities without relying on NELFUND loans. These are people with stable jobs and regular salaries.

Yet, despite all this, you want people to believe these are signs of economic success and call them achievements? Please wake up and face reality. Economic policies should improve the living standards of ordinary citizens, not make survival more difficult while expecting applause.

The answer to your question is a big NO, and that remains true because inflation is a global phenomenon, including in the U.S. You can make a case for general salary increases—which is a necessity right now—but even that can’t be scaled without stoking inflation and eroding real value.

That said, it is not correct to say FAAC allocations, while higher in naira terms, have had their real value wiped out by inflation and naira depreciation. If that were the case, state govt would still be dependent on bailouts to meet obligations. Instead, they are funding more capital projects and in some cases reducing debt burdens to create fiscal headroom, which points to stronger capacity, not diminished value.

ibabz:
Egbami! Kini eleyi tun sọ bayii?

Mr. Economist, Honestly, I don’t understand a single thing you just wrote. At this point, you might need to translate or interpret whatever the AI generated for you, because I’m not entirely convinced you understand it yourself.

Maybe read it again, break it down into simple English, and then come back. Right now, it reads like a collection of words looking for a meaning.

Okay, fair enough. Do you know what purchasing power parity (PPP) is? You might want to look it up—it shows why simple FX conversion doesn’t reflect real value.

ibabz:
Lagos State Example

2015:
Personnel cost and pensions = ₦101 billion
Exchange rate = ₦198/$1
Equivalent = about $510 million

2025:
Personnel expenditure = ₦401.1 billion
Exchange rate = ₦1,500/$1
Equivalent = about $267 million


The numbers look bigger. The value is smaller. I still doubt if you would be able to comprehend.

You seem to have skipped a class in economics---You’re applying exchange-rate thinking where PPP is more relevant. The question isn’t what ₦1 million equals in dollars, but what it actually buys within Nigeria.

Because Nigeria has a lower cost base—cheaper labour, services, and many locally sourced inputs—the same naira amount can command more real resources locally than a dollar-equivalent would in the U.S. That’s exactly what purchasing power parity (PPP) captures, unlike a simple FX conversion.

Also, your analysis ignores that states spend mostly within the domestic economy. Roads, salaries, contracts, and services are largely priced in naira, not dollars. So exchange-rate-based comparisons can distort real fiscal capacity.

helinues:
Bro it's dog that have been eating other dogs in southern. regions for decades, whether with the claim of herdsmen or bandits.

Bandits or herdsmen don't have the guts to come all away from the Northern part to be causing havoc in the southern regions without southern collaborators

This is precisely why the death penalty should be imposed on anyone found guilty of involvement in heinous crimes such as insurgency and kidnapping. In addition, all assets linked to such individuals should be confiscated by the government, and an expedited judicial process should ensure that judgments are delivered within 30 days. The same penalties should apply to all collaborators, sponsors, and accomplices who aid or facilitate these criminal activities.

helinues:
There are some things reasonable Nigerians are not understanding about the insecurity in the country most especially the Southerners

The farmers vs herdsmen crisis In southern regions, for decades we have all been blaming the Fulanis as they are the herders moving the cows around instead of having a ranch.

The Fulani herdsmen are only employed to look after the cows for the Southern cow owners.

Who do you now think is responsible for the protection of the cows by all means? The southern owners of the cows or the employed Fulani herdsmen?

All Southern governors should ban open grazing within their states and provide viable alternatives through public-private partnerships (PPPs).

Unfortunately, your assumption is not far-fetched, given the timing. I had already mentioned within my circles that everyone should remain vigilant because, following the recent air bombardments of insurgent positions, there was always a likelihood they would attempt to retaliate by targeting softer civilian locations.

This is not the time to ease up on the bombardment campaign. The pressure should be sustained until these insurgent groups are completely neutralized. One more thing; the insurgents too do have soft targets they them out in bulk.

Mirasteel:
Loserpool for life, instead of giving Slot another chance they sacked hin, someone that won them the league in his first managerial season.

We care about trophies here okay!

Helpfromabove1:
One of the state that might go to NDC

Kwankwanso is a big force in Kano state, APC will likely not win that state

He is ready to teach Gov Yusuf a big lesson

Dey play

Aleister:
That is why you will never be president. You think SUG and FG is the same thing.

Even an average SUG president wouldn’t make such a silly suggestion

Chijeep:
Seems you're among the data boys.
I should've known earlier
We'll continue to pray that God 4giv u ppl.

Thanks for the compliment!

Chijeep:
Are you battling with lack or brain or memory loss.
Even in 2023 that Tinubu haven't proven his worse obi n Kwakwanso got 7m vote n now dey r merging you're spilling out trash

Not sure your obi will get 5m vote this time but who knows

AMI3:
U are wrong my dear.
Obi doesn't like paying delegates to votes for him or be contesting that use money to pay delegates.
Anybody that doesn't induced the delegates and play by rules can contest.

Even u can contest without bribing delegates.
That is what Obi is against and that is what every sane person should kick against it.

Pls remove saint rhetoric—you don’t have to bribe everyone with a direct primary.

yarimo:
This can never happen in any of south east state, this is very commendable from the people of ekiti state for the unity and support

Proper progressives

What’s the point of defecting when it’s a sure banker he’ll lose at the general elections—he stands a better chance politically staying in APC.

SixSeven:
Both Jega and Yakubu, our electoral umpires in the last 3 elections have been given posts by the government that benefitted from it. Ask your AI to write a better response.

Thanks for the compliment—sorry I’m not aware APC is your new role model.

SixSeven:
Two wrongs don't make a right but damn, APC, where were you when👇

1. Where were you when the Abuja International Conference Centre (AICC) was renamed to the Bola Ahmed Tinubu International Conference Centre at ₦39 billion naira in 2025?

2. Where were you when the National Assembly Library and Resource Centre was built to the Senator Bola Ahmed Tinubu Building at an undisclosed naira amount in 2024? (Note: Built entirely from scratch and inaugurated in 2024, the precise final construction cost was kept internal to the National Assembly budget rather than publicised at ₦3 billion).

3. Where were you when the Southern Parkway was renamed by Wike to the Bola Ahmed Tinubu Way at ₦35.76 billion naira in 2024? (Note: Originally awarded in 2010 for ₦16.23 billion, the final project cost was officially revised and completed at ₦35.76 billion).

4. Where were you when the Nigeria Immigration Service Command and Control Centre was built/upgraded to the Bola Ahmed Tinubu Technology Innovation Complex (BATTIC) at an undisclosed naira amount in 2024?

https://www.youtube.com/watch?v=UzLlwl0fAuo

5. Where were you when the New Army Barracks Asokoro was built to the Bola Ahmed Tinubu Barracks at an unclassified naira amount in 2025? (Note: Phase 1 finished in January 2025, and Phase 2 launched in December 2025).


6. Where were you when the Federal Polytechnic Gwarinpa was announced to be built as the Bola Ahmed Tinubu Polytechnic at a pending budget naira amount in 2025?



The cable has a publication titled
Seven places named after Tinubu since he became president

President Bola Ahmed Tinubu officially accepted his victory and received the All Progressives Congress (APC) 2026 winning flag and Certificate of Return at the Bola Ahmed Tinubu International Conference Centre (formerly the International Conference Centre) in Abuja.

Usually Presidents have the decency to let someone else name things after them but we know how it's going

. What sort of irrational comparison is this? Every other time you guys keep making a ridicule of what opposition should be. Terribly bereft of logic—comparing a president to an electoral umpire. Cmon

QuinQQ:
He was so totally unpopular the entire assembly voted him out despite knowing he was Tinubu's boy. That's how unpopular he was!

Yet popular enough to be restored to the speakership position even by the GCFR. Think

JuanDeDios:
Has she left INEC's service already? If she's still serving there, this would be inappropriate.

This is why no one takes y'all serious if it were to be at the federal this thread will be filled with insults and what not for the FG. Your hypocrisy is why you’ll continue to lament the absence of power.

QuinQ:
Really? Tbis is about the most cheeky statements I've seen lately.
If Obasa was not popular he wouldn't have been reinstated as speaker of Lagos

Exactly, they’ll come for him eventually but not while he’s this popular.

QuinQ:
My friend you must not only control the apparatus of rigging but USE them! Where's Ambode today? Popularity has nothing to do with it. If someone writes election results, only thing you can do is take them to court. If they also control the courts, that's the only "popularity" they need. Hence dictators, despite being unpopular, routinely "receive" 98% of the votes.

Maybe you should look up what ‘popular’ means—if Ambode couldn’t win the primary, he’s not popular.

BrickandLace:
Only when you hit the streets to tell INEC the results is fake and unpopular.

Sit at home like last time and you'll know rigging can win.

The very reason you can’t sustainably hit the streets is confirmation that you are neither popular nor in the majority.

Moroccoguy:
You need to read the court judgment that produces Hope, they didn't record a whole senatorial district results and they announced winner.

These guys just like making uninformed assumptions and running with them as though they were facts.

QuinQ:
This is laughable. Wike was not on the presidential ballot. Infact Wike was in a totally different party! The result was written in an office.
Hope's was also written in an office. Only thing SC did was allow it to stand. They're not the ones that rigged

Since you claim Wike’s results were written in some office, what stopped APC Lagos from doing the same? Or do you think they’re happy about losing Lagos? And as for Hope, you are clearly misinformed.

QuinQ:
Really? How did Hope go from FOURTH place to governor? How popular was Tinubu in Rivers that he "won" by landslide? Systemic rigging is not concerned with popularity because powers that be write whatever they wish as the result

With hope, it was the courts—Can you actually tag a court decision as rigging?

As for Rivers State, it’s a prime example that you can’t rig an election where you’re unpopular. Without Wike, there’s no way APC would have won. This means Wike is quite popular in Rivers State, and that popularity made the result possible.