Malali's Posts
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jetson06:Lol....the math i learnt made me money. Math is important. |
Funny how APC’s election prospects get colorful bar charts, pie charts, and venn diagrams, easy to digest, clear, visually convincing. But when it’s time to report economic realities, GDP, IGR, inflation, suddenly everything becomes vague, ambiguous, and we’re forced to lean on what some IMF official said about Nigeria. Double standards much? |
dipset01:You married a classic covert narcissist. She will never change till she dies She will get worse with age. She will mess up your mental health. She will poison your children against you if you try to leave. She has always been like that, her family knows....but will never tell you before you married her She will act so nice when people are around some of them will not believe these things you say about her She feeds off your emotion. Once she starts trouble dont give her any emotion, just be cold and blank even if she tries to get physical and violent. Educate yourself about them, the religion is a cover, some will go to church everyday and still be a covert narcissist. Once her children grow to adulthood, she will show them pepper too. |
Kushites:Thank you for your comment. Just yesterday we read that Qatar royal family pledged 300 billion dollars Today Dele Alake is saying Tinubu Injects ₦1 TRILLION into Mining As Sector’s Revenue Rises Sixfold Rising from where to where. Throwing around numbers doesn't not impress us. Tell us what you are doing, some of us have mining knowledge.....This administration needs to stop playing fast and loose with numbers. Alausa is banning mathematics and the rest of you are trying to deceive Nigerians with numbers. Calling big numbers everyday. |
A stroke completes most of its damage within 72 hours; by day three, the patient is usually in the resolution phase. Comfort care and proper medications are all that’s needed, no magical intervention abroad exists. Yet here we are, hyping “take him abroad” as if foreign soil alone cures what good local care can. Tinubu, after 25 years running Lagos, directly or by proxy, has presided over a city of 20+ million, and we still don’t have world-class stroke care. And now we’re flying the Finance Minister overseas? Please. Make it make sense. |
This is classic IMF hubris masquerading as “advice.” They’re not telling Nigeria how to genuinely lift off the ground, they’re slyly saying, “Stay down, it’s normal to be like the rest of Sub-Saharan Africa.” Depreciation isn’t a lesson, it’s a subtle justification for keeping us weak while subtly nudging us to participate in the very products they control: stable coins. Notice the condescension dripping in: “improve debt management… support from the international community.” Translation: don’t aim too high, ask us for help, buy into our financial architecture, and keep the dependency cycle spinning. Lower inflation and improved FX reserves? Nice headline, but it’s just frosting. The substance of how Nigeria moves from ground-level existence to genuine economic power? Still absent. This is the classic IMF double-play: pat the fallen on the head while offering a carrot that conveniently lines their pockets. |
Are we still in a democracy ? Its starting to look like Youths earnestly ask for Abacha (YEAA) |
The Empty Billion-Throwing Syndrome Once again, we’re handed a glossy write-up full of grand numbers , “₦1 trillion,” “₦10 trillion inflows,” “$1 trillion economy by 2030” , yet not a single sentence grounds these figures in reality. What exactly is being mined? Gold, lithium, iron ore, or just political soundbites? Where is the breakdown of this ₦1 trillion allocation, exploration, production support, or mere administrative overhead? How much ore was extracted last year? How many metric tonnes are projected this year with this “boosted CAPEX”? Why is the government itself diving into mining, instead of auctioning blocks to credible private miners with proven track records? This is the same old “announce-and-forget” governance playbook, big numbers, vague goals, zero execution clarity. It reads more like a political press release than an investment plan. Until Nigeria starts publishing quantifiable outputs, actual mineral data, audited production growth, and private-sector participation frameworks , all these trillion-naira declarations remain what they are: a performance in economic whitewashing meant to bamboozle a weary public. |
If Nigeria’s economy were genuinely thriving as government voices claim, the mass defection of politicians, particularly from opposition ranks, to the ruling APC would not be happening with such desperation. When even elite political figures, who once criticized APC’s governance, are scrambling to join it, it signals not confidence in ideology or performance, but a flight to economic survival and political safety. The supposed “economic prosperity” being promoted is not trickling down; it’s strangling both the governed and the governors. Businesses are gasping, real disposable income is shrinking, and patronage networks are collapsing. The political migration you’re seeing is simply a reflection of where the last drops of oxygen (contracts, appointments, fiscal lifelines) still exist. A healthy economy doesn’t produce panic alliances. It produces competition, stability, and ideological diversity. So, the influx into APC is not validation of success, but a symptom of desperation, a political survival instinct in an economic drought. |
While optimism about a “new phase of economic prosperity” sounds reassuring, the fundamentals tell a harsher truth. Nigeria’s economic pain is not abating, it’s compounding. Here’s why: Falling Oil Prices + Loan Collateralization: Most of Nigeria’s external borrowing in recent years was collateralized against future oil revenues. With crude prices dropping and output declining below OPEC quotas, servicing those debts will eat into already thin fiscal buffers. You can’t build prosperity on shrinking export income. Energy Transition ≠ Immediate Relief: While renewable energy investment is vital, the touted $400 million commitments are mostly pledges — not disbursed capital. Even if realized, they create medium- to long-term impact, not immediate economic relief. Nigerians can’t spend “future capacity.” Real Sector Contraction: Manufacturing, trade, and construction are all in contraction territory per NBS data. Inflation north of 30%, energy costs soaring, and currency instability are suffocating small businesses — the real drivers of job creation. Debt-to-GDP Illusion: The administration’s rhetoric of “growth and blessings” rests on a distorted GDP base that hides true fiscal stress. Debt servicing already consumes over 90% of federal revenue, leaving little room for infrastructure or welfare programs. The Coming Squeeze: With oil-backed loans maturing soon and the naira under pressure, another currency adjustment or devaluation seems inevitable. When that happens, imported inflation will spike again, deepening the hardship the VP claims is ending. |
President Tinubu should face Nigerians squarely and tell them the truth about our GDP figures. All this economic grammar about “rebasing” the GDP and conjuring statistics to make it seem like the economy is improving is neither right nor honorable. You can’t build credibility on data inflation. Nigeria’s fiscal model, borrowing to pay back existing loans , is unsustainable. It’s a short-term fix with long-term consequences. How can the GDP be rising when oil revenue per barrel is dropping, both in price and in export volume? It’s a statistical contradiction. Real economic growth must reflect productivity, trade, and output, not accounting creativity. The uncomfortable truth is that Nigeria’s Debt-to-GDP ratio must remain below 50% to stay within global borrowing norms. To keep borrowing more, the administration appears to be inflating GDP figures , not by growth, but by manipulation. This creates a dangerous illusion of stability, one that temporarily satisfies the IMF and World Bank but ultimately leaves citizens with devalued currency, inflation, and broken trust. The government should be transparent about the numbers, re-calibrate the real economy, and focus on tangible production rather than statistical cosmetics. |
This is precisely why I keep arguing that Nigeria’s “rebased” GDP figures are artificially inflated. Where exactly is the growth in that GDP supposed to be coming from? They claim it’s from non-oil revenues, especially remittances, but let’s be honest. How much are Nigerians abroad really remitting these days? Many of them are grappling with their own financial constraints: higher rents, rising mortgage rates, inflation, and employment instability in their host countries. If we strip away the statistical cosmetics, the picture of the real economy becomes painfully clear, stagnant productivity, low industrial output, and declining purchasing power. President Tinubu’s administration must be transparent about the true state of Nigeria’s economy. Otherwise, we risk repeating Buhari’s scenario , where artificial exchange-rate stability gave way to a sharp currency devaluation at the end of the tenure. It’s better to align our economic indicators with reality now, rather than face another forced correction later. |
TenQ: Thats why we have to rise up and keep calling them to order. If we all stay quiet. Then they will crash the boat with all of us in it. A lot of them have life jackets and other insurances. Alausa lives 100% in America....If he is done doing all this damage. He will board a plane and escape to America. |
cyberbro:You are welcome. ![]() |
cyberbro:Core of Economics is Quantitative: • Economic models, demand-supply curves, elasticity, and forecasting all require mathematical reasoning. • Data interpretation — GDP trends, inflation, fiscal deficits, is meaningless without math. |
Ofemannnu: Nigerian minister is completely dropping a pass in mathematics. You can fail mathematics and still proceed. In the UK, a GCSE pass in Mathematics is mandatory for virtually all university entry, including arts and humanities. |
cyberbro:Your argument assumes that Mathematics in the arts is only about numbers, but that’s a narrow view. At the university level, Mathematics develops structured thinking, logical reasoning, and analytical rigor, skills that are essential in almost every discipline, including the arts. For instance: • Economics, Political Science, and Sociology require statistical analysis to interpret data and draw conclusions. • Architecture, Design, and Music Theory rely on ratios, patterns, and structural logic. • Philosophy, Linguistics, and Literary Analysis benefit from deductive reasoning and pattern recognition. It’s not about teaching every arts student to become an engineer; it’s about training the mind to think critically, methodically, and quantitatively. Removing Mathematics as a prerequisite risks producing graduates who struggle with reasoning in research, data interpretation, and problem-solving, core university competencies. Yes, education continues outside the classroom, but the university is where structured intellectual foundations are built. Bypassing Mathematics because it seems “irrelevant” is short-term thinking that undermines intellectual rigor, not a liberation of learning. |
The APC’s obsession with turning Nigeria into a one‑party state isn’t about unity or progress, it’s about burying evidence. Too many atrocities are being committed with the loans, the national purse, and the people’s resources. The goal is simple: “load the boat.” Pull everyone into APC so they all share the blame. That way, when the reckoning comes, no one can speak up, because everyone’s hands are dirty. But make no mistake: no crime against the people goes unpunished forever. Whether now or in the future, this administration will be probed. Every naira siphoned off will be traced, every asset seized, every hidden dollar expatriated. Even if it’s done posthumously, justice will find its way. A healthy democracy thrives on a strong, vocal opposition, not silence, fear, and coerced loyalty. The current political absorption spree is not strength; it’s a cover‑up in motion. Nigeria has seen darker days and survived. We’ll survive this too. And when the curtain finally drops, everyone who played a role in bleeding this nation dry will pay, in full. |
"It explained that the adjustment followed the recent rebasing of Nigeria’s Gross Domestic Product (GDP), which now captures a wider range of economic activities, including those within the informal sector." 1. Illusion of Growth: When Nigeria rebased its GDP in 2024, the economy instantly “grew” by 89% overnight, making it the largest in Africa — but nothing changed in reality: no new jobs, no infrastructure, no productivity gains. 2. Borrowing Leverage: A larger GDP lowers the debt-to-GDP ratio, making it look like the country is carrying less debt. This allows the government to borrow more, even when the public debt load is already unsustainable. It’s like repainting a collapsing building to qualify for a new mortgage. 3. Investor Optics: By inflating GDP numbers, the government attracts foreign investors or convinces the IMF/World Bank that its economy is “stable.” However, much of the growth lies in the informal sector, cash transactions, street trading, and subsistence activity ,which do not translate to tax revenue or industrial expansion. 4. Political Propaganda: In election years, rebasing becomes a public relations tool. Politicians boast of “a trillion-dollar economy” while the average Nigerian can’t afford rice or diesel. The rebasing of Nigeria’s GDP does not mean everyone is doing better, it just makes the numbers look bigger on paper. Oil revenue is down, and remittances likely haven’t increased as claimed, especially with inflation and living costs abroad limiting what Nigerians can send home. The IMF and World Bank won’t lend if a country’s debt-to-GDP ratio exceeds 50%. So the only way Nigeria continues borrowing is by “inflating” the GDP, essentially doctoring the numbers. Everyone in the financial world can see the debt(so they cant hide the debt), the government then plays fast and loose with the GDP statistics instead. The proper way to lower the debt-to-GDP ratio is simple: pay down the debt. Falsifying GDP creates a dangerous illusion, and economists are rightly concerned. We simply don’t have the GDP the government claims, and pretending otherwise will have serious consequences in the near future. |
Ttalk:Sorry to disappoint you. I had A1 in Mathematics. I had A1 in Further Mathematics. |
Okoroawusa:Instead of lowering the bar, we should be innovating how Mathematics is taught, making it more visual, practical, and connected to real-world creativity. Telling students that a credit in Mathematics no longer matters is equivalent to telling them, “You can succeed without understanding logic.” Within a few years, thousands will proudly say, “I’m an arts student — I don’t need math.” That mindset kills curiosity and limits the nation’s intellectual evolution. Mathematics isn’t just about numbers; it’s the language of critical thinking, technology, and innovation. Every global visionary, from Elon Musk to China’s AI engineers, is rooted in mathematical reasoning. That’s China’s real superpower: a generation trained to think numerically and computationally. We should be asking, “How can we make math easier, more relatable, and exciting to learn?” — not “How can we avoid it?” When a nation removes Mathematics from its educational DNA, it silently agrees to import intelligence from countries that didn’t. Dont forget, we are slowly pushing for self employment in Nigeria, as the government doesn't have enough jobs to go around. How can you be self employed and you do not have a good grasp of mathematics ? You will fail. There is no millionaire or billionaire in the world hat doesn't know mathematics very well. |
While nations like China are not only making Mathematics compulsory but also integrating Artificial Intelligence (AI) and robotics into their basic curriculum, Nigeria is moving in the opposite direction. In an era defined by automation, data, and machine learning, the decision to remove Mathematics as a core requirement for arts and humanities students is not reform, it’s regression. It signals a government more concerned with inflating admission statistics than preparing citizens for the demands of the future. Mathematics is not about turning everyone into an engineer; it’s about teaching logic, precision, and structured problem-solving, skills essential in every discipline, from law to economics to literature. Frankly, it’s shocking that Dr. Tunji Alausa, someone who lived and worked in the United States, would endorse a move this shortsighted. If he attempted this in the American system he came from, he would be forced to resign by morning. Education policy should be about building competence, not lowering standards for easy applause. Removing mathematics doesn’t make education more inclusive, it makes it less competitive and ensures that Nigerian graduates will struggle to keep pace in a world run by algorithms, not sentiments. |
Mathematics Is a Lifeline, Not a Luxury Dropping Mathematics as a requirement for arts and humanities students may look like inclusion, but in reality, it’s intellectual disarmament. Math isn’t just about numbers. It’s the language of logic, structure, and critical thinking, the very foundation of coherent thought, debate, and disciplined reasoning that the humanities thrive on. Every field, from economics, law, and linguistics to philosophy and music, is quietly underpinned by mathematical reasoning: pattern, proportion, structure, rhythm, and evidence-based argument. To remove Math is to unplug an entire generation from analytical literacy. You may raise enrollment figures, yes, but you lower the nation’s cognitive baseline. If Nigeria truly wants to compete globally, we should be strengthening Mathematics education, not treating it as optional for those “not gifted with numbers.” That mindset fuels mediocrity. Great civilizations didn’t grow by lowering the bar, they rose by raising competence and investing in skill mastery. |
Nigerian senior secondary school students in arts and humanities will no longer be required to present a credit in mathematics in their Senior School Certificate Examination, organised by the West African Examination Council and National Examination Council, as a condition for admission to universities and polytechnics, the Federal Ministry of Education said on Tuesday.Source:https://punchng.com/breaking-admissions-mathematics-no-longer-compulsory-for-arts-students-says-fg/
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grandstar: Using just common sense 1-Our revenue has depleted, Oil revenue is meager as oil prices have been dropping ever since. 2-Oil subsidy is counteracted by increased allocation to state governors 3-He is borrowing more money because,he is using debt to pay debt. AKA Ponzi scheme. 4-What he is running currently cannot be sustained for long. Watch and see. You painted a good picture, but have you asked yourself,if all that was the case,why is he borrowing more than Buhari did ? |
FarahAideed:You think its the journalist, but i have noticed this administration has been playing with falsifying numbers. Even our GDP is made up. They are playing fast and loose with numbers. Any number was released by the office of the president. Dont blame the journalist, It was not a mistake And whatever is published will be approved by the press team to the president. |
She’s likely referring to Asiwaju Bola Ahmed Tinubu. Falsifying GDP figures to meet IMF debt-to-GDP requirements for continued borrowing has serious consequences. When this house of cards,or Ponzi scheme, eventually collapses, it will trigger massive inflation, currency crashes, and devaluation. The IMF is issuing warnings now because they can see the government’s manipulations and understand the economic fallout if these numbers continue to be misrepresented. They’re signaling what the future could look like if these games persist. |
Anishinaabe: $300 million is more reasonable. $300 billion is definitely a lie. Because Qatar is 53 years old as a country and their sovereign wealth fund (investments both home and abroad in 53 years) is only 400 billion dollars. So where are they gonna get 300 billions for just Nigeria in a decade.....LMAO |
Dokitto001:Qatari sovereign wealth fund has only invested 400 billion(both home and abroad) since the day Qatar was created !!! In its 53years existence. Dont let them fool you. Thats not how money or investment works. Tinubu is lying to Nigerians. They are just throwing out numbers....same way they do with GDP and IGR and other metrics. |
The Claim: A Qatari business delegation reportedly “pledged” to invest $300 billion in Nigeria over 10 years. The Tinubu camp says it’s proof of “renewed investor confidence.” The Math Doesn’t Add Up: • Qatar’s entire yearly GDP is less than $300B. • Its sovereign wealth fund (QIA) manages about $450–$550B globally — not loose cash lying around. • So, pledging $300B to just Nigeria? That’s fantasy-level. Likely Reality: • It’s probably an “intention to explore opportunities”, not actual signed investment deals. • These big numbers are often PR headlines — meant to make the government look good and calm markets. • Unless we see signed MOUs, timelines, and funding sources, it’s just noise. Why This Matters: Every time Nigerians hear “billions coming in,” it buys politicians time and keeps hope alive — but the projects rarely appear. We deserve receipts, not slogans. What We Should Demand: • Show us the contracts. • Show us which Qatari companies are investing and how much. • Tell us when the funds hit Nigeria. • Publish project locations and job numbers. Until then, let’s call it what it looks like: Political PR dressed up as an “investment miracle.” The Nigerian government should be truthful and honest with its citizens. We should not be treated like fools with claims that Qatar has promised $300 billion to invest in Nigeria. There must be a baseline of honor and integrity, stop deceiving the public with promises of funds in 2030 just to secure political favor, especially when there’s little to show for your time in office so far. |
What is Qatari's GDP as a whole ? Qatari's GDP is 200 billion Qatari sovereign wealth fund, since inception of Qatar is 400 billion. (Thats the total money they have invested home and abroad, since the beginning of their existence) So where and how exactly will they have 300 billion to commit to Nigeria ? You think they built a sovereign wealth fund of 400 billion by being financially foolish ? |
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