₦airaland Forum

Amoto94:
Prospa do you work in the public sector will be fine to be used as sacrificial lamb with others in an austerity measure move? Will the NA approve of such, what about the business community?

TrebleChamp:
Buhari and his people have finished this country....

https://twitter.com/realkelvin07/status/1653822556372082690?t=jsMHSvOYHgRrL7YgM-DOCw&s=19[/quote]I already posted it here yesterday.
Lmaooo you see as the apc court jester dodge am because na pictures and banter them sabi😂😂😂.

Oghene.
I nor even understand how we go come out of this mess like this

Amoto94:
Nigeria is broke anybody telling you otherwise is a big liar, for a start we need to reduce our recurrent expenditure that consist of salaries and overheads of various MDAs. We are spending scarce resources on unproductive workforce that's less than 20% of our entire production.
The dilemma is politicians wont do this because they will be serious outrage which may cost you electoral victory ( cue in el-Rufai and Oyetola, even Yayaha Bello attempted to trim the wage bill that went unsuccessful) so many are afraid of taking the painful, difficult but necessary steps needed for sustainable growth and development. I'm an advocate of lean and efficient government but I understand the challenges to implement such in a country like ours where people see government as chop I chop venture

Ibime:
He mortgaged the future

Buharis only selling point as a leader is that he could always execute projects (building our refineries, Petroleum Trust Fund) etc. In the absence of Govt revenues, he has played to his old stereotypes, chasing projects upandan when it is not judicious to do so. Unfortunately, Tinubu is playing to the same populism.

Being a leader during times of reduced revenue is not sweet. It's a time to cut your cloth to size and be honest with the people. Unfortunately, not many leaders are capable of this.

One of the best examples of a leader that can implement austerity is David Cameron, the former British Prime Minister. Nigga was so good at it, he campaigned on "austerity" and cutting spending.

Emmanuel Macron is also good at telling people what they don't want to hear. Currently he is telling the French they have to up retirement age to 64 thus adding two more years of tax-bearing years to Govt revenue while simultaneously removing 2 years of pension payments. The lazy French are busy rioting about it, while most countries retire at 65 to 67.

Ibime:
Bond and loan na the same thing, except a bond is more easily traded between third parties and often has slightly less interest. Defaulting on bond payments is worse than defaulting on a loan to say IMF though because the minute you default on bond, the markets will attack your currency, while the IMF and other Nation creditors are more forgiving

Nigeria should take heed from Cuba's experience. Cuba owed Japan and the Paris Club of nations 85% of their debt and the other 15% to private markets. Japan and Paris Club forgave Cubas debt for pennies on the dollar, while their private Creditors sold their debt on to Vulture funds. Those Vulture funds are pressing Cuba neck today and wrecking their economy for that money. In summary, it is better to owe another nation or group of nations (who often forgive debt - see how George Bush forgave all African Countries debt in OBJ era), than to owe private entities in the form of bonds.

The incoming administration is already dead. All Nigerians should open dollar account with whatever they are not using to protect themselves

Roland17:
It's the way the Warriors play and to some extent the new NBA. The Warriors did not get any FT until the 3rd Q I think and that is because they take a lot of 3 point shots. The frequency was higher yesterday because they looked fatigued after a grueling series against the Kings and tried to compensate their fatigue by shooting a lot more 3s.

The Lakers have good size under the rim to protect the bucket. The Lakers controlled the pace of the game and limited their transition buckets which is what the Warriors thrive on. The Warriors have no answer for AD who can dominate both ends of the board, particularly the offensive board because he is too skilled for any big on the Warriors roster.

With all that being said, it is only game 1 and the Warriors are never dead in any series. They also finished the game well and had a chance to tie the game, so it wasn't all bad. Their experience guides them better than any team I seen in modern history. Kerr will make some adjustments going into game 2.

liveLongNprospa:
Lmao... Hate saraki for whatever you want to hate him but the man would have absolutely fought against this rubbish.
Chineke

liveLongNprospa:
NASS bastardized
CBN bastardized

Incoming president elect for now to also follow suit


Lmao as usual some people will turn a blind eye to this😁.
Politics nor important but inflation that is coming should not surprise anybody 🤭

Itsrm:
Some haters are on one side hoping to hear any news of violence or insecurity in the state so they can gloat.

I'm happy those who came have only had positive things to say about the state.

BlueRayDick:
What is the name of this fooolish spokesperson ?

Omo this one weak me o. 🤣🤣🤣

He says why does Peter Obi feel the need to come and clear the air when uncomplementary things are said about him ….. So he should accept the uncomplementary things even when he believes thay are not true ?

Truly old age is not wisdom at all.

izzou:
[color=royalblue]So you don't see this as a reproach to the nation?

When i said you were mocking Nigerians, i really wasn't joking.

Every APC soldier has completely avoided this story, but you have some kind of defence for it.

Carry on, brother [/color]

larride:
If not that PDP no get spine, them no suppose don suspend all these G5 Governors? 😂

larride:
Both. Both are of different Era.

BREAKING: Arise TV Anchor under ransom on live tv on why he invited Obi

“Why does he always feel the need to come & dispel the rumors against him, why! ” - APC spokesperson

Obi why are you doing this 😂😂😂#PeterObiIsComing Seyi Tinubu NEWS Oyedepo Qudus Messi Chimamanda pic.twitter.com/47AJNaM5Wh

— UptownOfLagos (@Uptownoflagos) May 2, 2023

Unlimited22:
Guys......I finally did this thing...


I promise it's not AI generated🙃🙃

A debut publication, carefully curated from a raft of stories and poems.

Links coming soon...

larride:
Yes but I don’t see the need for the back and forth when it’s still a pilot scheme. They only procured 2 buses for now. Further procurement of buses will be based on how this pilot scheme goes.