₦airaland Forum

Murketeer:
Story… na now he know say Naija need to take hard decisions… when he disrupted the Jonathan administration with protests … he didn’t know then

Politics is a game and it was Jonathan that wasn't smart enough to have defeated them when he was president.....that's no one's fault.

The reason why you are all pissed is course you know you aren't getting anything over the incumbent and he is miles ahead of your every move.

This is the first time we are having a president who clearly stated what he intended to do and he is doing it.

Nazgul:
Tinubu is working tirelessly night and day to ensure that come 2027, Naira would collect that top spot from Zimbabwe.

This would have been the faith of the naira if tinubu hadn't taken those hard decisions.

You spend more than you earn .
You are overtly dependent on imports with minimal export.

Nigeria would have been bankrupt by 2027

Godsonkemz:
You need to take a break from the industry to manage your health because we don't want to lose another Nollywood celeb. Your health is more important to us than your acting career. If you die, that would be causing great pain to your children. Sorry for this deadly disease that came upon you and I pray may God continue to sustain and strengthen until you win this life battle.

That career is more important to her than the love you are showing her right now.... would that love put food on her table.....this has no doubt affected her career and would stop her from getting roles.....no roles,no pay ...the emotional trauma is even far worse than the kidney problem itself..... wishing her the best though.

Nicepoker:
When you can't afford it. Do well to update us.

We can still be able to get this cheap price all year round and all over the country if we are only able to ramp up production but what have we .....u serious govs whom should support agric in their domains by investing heavily in agric initiatives but would rather point to Abuja for being the reason their economy is doing badly and why they are poor and the equally ignorant citizenry will keep urging them on especially those obidients.

Henix:
You want to deny the people of Rivers state their rightful allocation because of personal interest of few politicians? And you actually expect them to fold their hands and watch you share the money gotten from their land without them getting theirs? They better look for a way to resolve this their issues before it gets out of hand

Let fubara do the needful.....re present the 2024 budget.... Simple!!

MadPolitician:
We were awarding citizenships to their politicians when their white lords, who are now their new friends, were maiming them for fun during the apartheid years. Why didn't they remind us of how citizenships were gotten in the abroad then?

Their country their rules.....your people are also abroad claiming asylum on the flimsiest of excuses.....if the victims fill aggrieved,they can approach the courts.

Omoslim26:
Loll just take a look at this slave saying another person does not have anything doing with his life
Order for building materials, electronics and toilet equipment and supplies anywhere in Nija, I will pay 50% of the waybill, oya eru what are you doing with your life aside padding Realities and obvious truth and zombing for obvious failures

With shameless people like You who refuse to tell the truth about situations affecting the Country, such Country dey hardly progress, when You are given a job to do, do it well and stop nagging about past people who have held the position. That sounds lame.
But ofcus it sounds good to your zombie ears bcus zombing all day long is what your soul exists for.

Take your zombie sef outta my mention, unless you want make We fire down now, I no get chill for zombies and people who don't have the mental capacity to call black black and white white. This man is the most clueless CBN Governor the Country has ever seen, zombie all you want still doesn't change this obvious Reality.

T-pain no serious with him job that's why him carry this kind responsibility give person wey no even dey fit for Alajo shomolu sef.

I expected you to counter his posits fact for fact but there you are ranting like a rabbied dog......he is clueless because he has refused to defend the naira beyond a given threshold to the benefit of the rich like yourself......he is clueless because he has attempted to curb inflation with one of the most basic rule even in elementary economics that interests rates must always be above inflation........he is clueless for rescinding the ways and means hand out to govt which had in the past worsened our debt situation and has kept ot withing a manageable threshold.

You that isn't clueless can you counter is approach with facts then I can regard you worthy to engage in a discourse with.....wisdom is profitable to direct!!

legitnow1:
They are in severe pain. Hence the emotional response to the wotowoto Chidinma dey give them

They had to find a way to distract her from focusing on the contest.

I wont bother too much about this because by the time lawyers descend on the SA foreign Ministry and Minister, it will be another matter.

That ID will be returned last last... ID THAT SA FOREIGN MINISTRY USE THEIR HAND TO ISSUE, ABI CHIDINMA MAMA BREAK INTO HOME AFFAIRS NI?

Oga!! Abroad noh be like that o......you can loose your citizenship with the slightest infraction if you are found to have circumvented the system no matter how many years back.

What's the cost

OredoPikin:
U guys are ediots aswear
Complete ediots.

So cassava farmers will also farm rice, electricity, fuel, eguisi etc

How did i end up in a country where 90% of its citizens lacks the ability to think?🤦‍♂️
U guys lack basic comprehension of how a country economy works and u aint ready to learn

Food,shelter,clothing isn't the major problem of people in the rural areas.....I tell you that,they have higher standard of living than those in the cities.....I go often out of the cities to the hinterland very often and I tell you,their orientations are different and they can effectively focus on their needs to sustain themselves than their wants.

It is no longer expedient to drive your car around for every unproductive reason,you should have the intelligence to know that you should seek alternative energy and energy saving appliances in your homes to mitigate high cost of energy,many people are now realising generators aren't really a necessity as in the past with many adopting renewable energy sources except for commercial purposes.

Smart people are finding their way round our current economic realities and are sustaining themselves,only stoic entitlement purveyors are the ones crying because they want status quo to remain and not ready to adjust ....the truth is our economy cannot continue to run the way we were used to....it's the hard truth except for those who like to live fallacies.

VeeVeeMyLuv:
He is using the wrong approach to address the problem

He should be addressing other fundamental and structural problems affecting the economy. Though these are actually outside the scope of CBN.

This is a cost-push inflation caused by the corrosive policies of PBAT.

You are quite apt on your inference.....the CBN is trying really add to manage the fallout from these hard reforms the govt is making.....this is one of the worst times to be a CBN gov but someone has got to do the hard work.

All 3 presidential candidates in the last election if for anything all agreed on those 2 major reforms- subsidy removal and naira floatation to stop the wanton drift of our economy into the abyss and only an unenlightened person wouldn't have seen our current realities coming and be deceived there is an easy way out.

VeeVeeMyLuv:
This man is advocating for naira to be further devalued:

X@lekansote1, lekansote.com


Bloomberg ranks the naira among the world’s 10 weakest currencies, three of which –Zambian kwacha, Angolan kwanza, and Nigeria’s naira– are from Africa. Their weakness is attributed to unstable commodity prices, inflationary pressures, and lack of dollar liquidity, a point of view that enables Euro-American metropolitan economies to prey on Third World economies.

But the weak naira needn’t be a disadvantage if President Bola Tinubu’s economic managers can flip things around, and take advantage of economies of large-scale production by getting the real sector, especially, to produce, for export, goods for which Nigeria has a comparative advantage. Investment banker, Dr. Nnaemeka Obiaraeri, says Nigeria has no currency problem but lacks productivity.

After the Naira gains strength from the accumulated foreign reserve therefrom, it should be further devalued– to maintain the weak regime that should earn even more convertible currency to finance the importation, and acquisition of more infrastructural and industrial production capacity that will eventually strengthen the naira.

But strengthening the naira will not be the only intent of this strategy, but is to reverse the current import-oriented trend of the Nigerian economy and tap the ready market for Nigeria’s manufactures in richer economies.

Nigeria’s fiscal, monetary, and macroeconomic policymakers should consider this unorthodox opportunity to strengthen Nigeria’s economy which is suffering from inappropriate economic policies that are imposed by Breton Woods institutions on an unwary political class.

If all this works, all CBN Governor Cardoso needs to do is to keep looking for creative ways to devalue the naira further, which will be getting stronger, to make Nigeria’s farm produce and industrial manufactures affordable for consumers in foreign countries with stronger currencies.


X@lekansote1, lekansote.com

People do not know the advantages of the devaluation we are experiencing or they are just being mischievous and hiding the advantages from the gaullible Nigerians......every producer in Nigeria would appreciate this devaluation regime but consumers wouldn't or those who just want to trade without adding any value would complain.

Cassava farmers are now smiling to the banks because of the higher returns they are getting and more people are going into agriculture to tap the opportunities in that space.....the naira is already finding it's true value and it then behoves on people to up their productivity to catch up.....it isn't going to be easy,we all know but we don't have any choice but to increase our productivity.

VeeVeeMyLuv:
That's very very unfortunate

It is only pathetic APC regime that can do this rubbish

This guy is talking about orthodox and unthordox when, naira keeps on plunging into the abyss, inflation is tipping towards hyperinflation and the purchasing power of citizens have been effectively destroyed by clumsy policies of free market pure capitalism supervised by kakistokratic kleptomaniacs under an atmosphere of corruption.

Majority of masses pockets are drying up because of your clumsy policies.

In a bid to bridge the gap between official FX and parallel rate, prices of goods and services keeps flying up, recently your boss increase petrol price again. You don't leave your currency for speculators to feast on. Making a living off this menance has damaged the currency. Maybe it's time to review your policies.

If you guys don't have the knowledge of how to handle the economy effectively, productively and sustainably mellow down, humble yourselves and go beg the PDP predecessors for wise counsel. Ask Prof Soludo how he managed your CBN during his time.

Though the nature/kind of challenges faced in the past are quite different compared to the present. Different times, factors, realities.

Mr economist wehdon!! You need to reckon that it is no easy fit to keep the dollar at even the 1,700 it is right now.....we should have been at over 2,500 by now if not for the ability to meticulously manage the economy.

You are all crying about inflation,CBN has raised interest rates severally to check this and its succeeding which ever way you look at it.but cynist like you who have no solution to the problem are only good at castigating every govt policy just because you were defeated in the last election.

Tinubu,atiku and obi during the last elections had a point of convergence on subsidy removal and foreign exchange liberalisation and tinubu is the only president in a long time who told us what he is going to do and is following through with it.

Subsidy removal.
Naira floatation.
Student loans.
Separation of budget and finance ministries.
Increased investment in oil and gas sector.
Consumer credit.
Improved welfare and independence for the judiciary.
$1 trillion dollar GDP.

You need to atleast give kudos to this man for atleast following through with his plan and sticking to it ... That's the only way we can get our economy out of the woods and this will take a lot of hard work and resilience.

Omoslim26:
Someone should tell this alajo shomolu to go and sit down and talk about anything related to Economy

This one is the dumbest CBN governor ever liveth in Nija

It's easier to sit in your room and criticise without having been able to do anything with your life....many of you do not even have the integrity to be trusted with ordinary 10k.....ordinary community CDA you cannot run properly.

Taich:
Since BAT came on board, BAT and his crew, always speaking without thinking, running around like headless chicken. They only thing they understand is looting and squandering borrowed funds.

It's easier to buy 100mb data and criticise!! What do you know and what can you do?

happney65:
Bros you are not serious at all. Do you understand what you're saying sha? You know what the current interest rate says? Making it expensive for business people who take bank loans

Egbon,E lo sun

And you are crying about inflation.....what better way do you have to manage it?

EmeeNaka:
When did CBN governors start talking about their predecessors?

The topic is different from the post.....this is click bait!!

The topic is different from the post.....

IfnobeGod20:
You're commenting as if you're not a Nigerian and don't know the law. The law doesn't permit any state governor to repair any federal road without express permission from the FG. Same way, no individual can do state government road without express permission from the state governor. Every federal government roads constructed by the state governors, they seek for refunds from the FG. And do you think the FG is ready to part with money to state governor for repair of federal roads?

Again, you don't know that must of the roads scheduled sometimes to be completed for 2 years sometime lasted for 3 to 4 years. I remember the road from Abuja to Lokoja was awarded during the first term of OBJ but till date many portions of the road are yet to be fixed. That is a road awarded around 2001 or 2002 thereabout.

I did challenge you to mention those that challenged the construction of 3rd mainland bridge but you have not made mentioned of them. Please I still want you to mention those that challenged its construction.

Again, was the Victoria Island and Ebute Meta having a standard motorable road before the construction of 3rd mainland bridge? There was no such accessible road to link the two ends together which calls for the construction of the bridge then. Trying to make up this lie doesn't make any iota of sense and they are even incomparable.
Have you seen a father that his wife is pregnant and he neglect the existing children he has? That's what FG is doing. Won ni oyun sinu afobo toro.

This your mentality is something, trying to shift the blame and responsibility of the FG to the state while the same state government have enormous schedule to accomplish on their sleeves. You forgot that the FG go home with 53% of the monthly allocation while the rest 36 states plus FCT share 47% but still pushing more burden on the states just to exonerate the FG negligence.

The Lagos state you're using as an example, are only doing internal roads and doesn't have a larger landmass like other states. And most of these federal roads in Lagos are internal roads and not at the outskirts. So they are incomparable my brother.

I won't go low to your level because I am well trained and cultured. We are talking of roads repair but you're talking about lekki seaport. We are talking of federal roads that linked one state to another and not and internal project. Please put on your thinking cap and stop rigmaroling and swinging from left to right. You're conversing with an enlightening person please. I am cog sure you don't travel because if you do, you see won't be misyarning this way.

Blow your trumpet to less enlightened people like yourself.....it's obvious you have limited understanding of how govt functions and rather than accepting the fact you make a volte face with your misplaced assertions.

What do you mean who were those that opposed the construction of the 3rd mainland bridge,I bet you don't even know who started that project and when....a project that was initiated in 1976 and didn't get completed till 1991 but the question I like to ask you is whether the road is not useful to Nigerians now as compared to what procrastinators like you at the time were saying to condemn it's construction.

I posted that those so called federal roads be removed from the exclusive list and put on the concurrent list so states can be able to fix the failed portions within their states but yet again you condemned that as typical of your ilk who do nothing but complain without offering any solutions......the entire failed portions of the east west road within edo state isn't upto 30km in total,a responsible gov would ensure this is done to alleviate the suffering if his people who are the major users of these roads whithin Benin.

I have a problem when people supports the lack of initiative of this lazy dysfunctional govs who are always quick to point to Abuja when there is a lot they can do to develop their states considering the allocations they get,many LGs are laying comatose because they have been stifled by the govs that starve them of resources.

And for your information,since you couldn't decipher my inference that there were already 2 bridges across the lagoon when the 3rd mainland was being initiated and it seemed out of place at the time to embark on such huge project just as you are all hating now on the coastal rd project and other legacy projects of this govt.

For your information lekki epe exp way is an interstate road as it takes you into Ogun state through the east, ikorodu rd also take you to Ogun state through mosinmi to sagamu.....the delta end of the east west road only has a problem along the sapele rd axis with some sections failing not upto 30kms in total and you are telling me delta can't fix that with all the allocation it's getting but waiting for Abuja when tinubu or his people would hardly play that road but deltans are the ones who would.

Mr enlightened.

SatoshiX:
So they are still holding talks? After giving the masses hope that it's a done deal and it will starts by October?
Today NNPC stealthly increase petrol from 998 to 1025 in Lagos.

Did you read the article at all,it was a briefing on their activities so far .....the policy has already commenced and the president himself is keeping tabs on the matter......but don't expect prices below 850 to 900,it would be really foolish to do so.

Tflex01:
If Tinubu had a habit of coming after those who are not on the same page with him, he won't be the president today.

Aregbe offer zero electoral value to APC in Osun

He was a renegade in the last elections and the gubernatorial as well .... it's quite unfortunate how aregbe is ending up,that guy would have been chief of staff in aso rock today.

Mrfixiit:
I knew it will only take a while before T pain comes after him for not being on same page with him.

It's about the coming gubernatorial elections.....it's simple house cleaning by the APC.

Cromagnon:
What is their mortality rate
Which newer and faster one do you suggest
Can you afford those new ones(are you ready to pay more taxes)

How many hueys were lost in nam

How many were lost to Farrah aidid's ragtag militia.

Hueys are expensive to run and maintain and has been decommissioned even by the US military.

Kobojunkie:
Not the social media frenzy that led to public outrage which caused the police that originally arrested the victim himself to turn around resulting in the police then going after his assailant instead in less than 48 hours of the ordeal? Are you high?

It's normal to take the guy into custody because the honourable was the initial complainant,he could have claimed trespass or assault.....and it's normal for the police to invite the accuser when they find out the true story .... Whats pertinent is that mistakes have been made and both sides must have learnt their lessons.

Kobojunkie:
Abuse of power is not a serious issue bedeviling the nation?

Let the aggrieved seek the appropriate channel to get his justice and not the social media frenzy being made out of this.

Zaheertyler:
Beautiful

What's beautiful about this?

I mentioned it the other day that why buy hueys.....this are old choppers and we could have had newer better and faster ones,also considering the mortality rate of these hueys both in nam and Mogadishu,it's a no no......I wonder how we ended up with them.

She must be dead cheap.....3 damn years for just 21 quid!! That's 7 quid a year.....damn!!

pretydiva:
Na ugbowo road be this nau. E no go pass uniben student

Lagos rd,you Sabi......"oba a tokpe e"

DeepsightX:
You are the one who is dim witted for thinking he is a civil man. If not for that recording you would have seen how "civil" he would be.

He has been caught and he has apologised,the victim can press charges if he wants

DeepsightX:
Will you sharrap? If you dont know that what that man did to that Bolt Driver is exactly what the govt is doing to the people and if you cannot see the corelation then you yourself are a problem.

Also he has not compensated the man, if he has, it will be made known.

Should we then loose our sleep over this isolated.....he has done what a civil man would by apologising,u can atleast commend him for that.

You are rather dim witted for believing any compensation he gets from that man would be made public.

Arizoner:
You are an idiot

You are a bigger idiot for wailing so hard over another man matter .....whom you are a nonentity to anyways