₦airaland Forum

SoNature:
If you say that leadership isn't hard, with all due respect, it means you haven't managed a big project or run a company before.

As for our politicians, they do anything to get into leadership because they don't even intend to work in the first place. For the few who genuinely wanted to work, you will see the impact on them immediately.

For instance, Jonathan didn't have grey hair when he was the VP. But few years as president, he had grey hair all over his head. The same thing happened to Obama.

In fact, Buhari said he almost ran away when he saw the amount of challenges he had to tackle. He was always thinking of how to solve the problem, falling sick, and flying to the UK for medical checkup. But the moment he stopped thinking about the country's problems, he started looking fresh. Some people then thought it was his doppelganger.

If anyone tells you that leadership is easy, that person hasn't controlled a business where lots of money is involved and bad decisions lead to weighty consequences. In fact, you will be too scared of making certain decisions sometimes because you fear the consequences.

I don't even want to talk about the insults these leaders receive all the time. People who failed in life blame them for their failures. Tinubu once talked about not visiting his SM accounts anymore because in his words, "They insult the hell out of me!" You think these people are not human, right? Think again.

you're a funny man. So handling a Biz automatically make one a good leader? Political leadership is the easiest form of leadership position anyone can have or manage. Reason being that your appointees and ministers are subservient to you and must be answerable to your command.

I also need not to remind you that having grey hair doesn't connote how difficult the position is. Grey comes due to age and other genetic traits.

Politicians have the best advisers in every position, all dey need is take one or two from these advisers and add their own to it. It's difficult, yet the minimum qualification to be the president of Nigeria is WAEC.

SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!

Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.

The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.

The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.

Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.

So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."

If you read up to this point, my point is, leadership is hard!

my brother leadership is not hard, it's only in Nigeria and Africa leadership is hard. Leadership is simply accounting with commonsense. 1+1=2 with your commonsense. Leadership is very hard, yet they all scramble to get to power. Who is forcing dem?

PARADIZEPRIEST:
STOP IMPORTING NONSENSE INTO NIGERIA LIKE EXPENSIVE FOREIGN LIQIORS E.G
MOET
HENNESSEY
CHAMPAGNE ETC
FOREIGN CARS
FORIEGN FURNITURES ANF FITTINGS
FOREIGN KITCHEN UTECIKS
FOREIGN SUITS AND FABRICS
THESE ARE THE RUBNISH THST TAKE OUR DOLLARS OUT.

ALL THESE THINGS WE HAVE LOCAL PRIDUCERS ON GROUND, LEAVE FOREIGN GOODS ALONE,tell all the four people that contested for presidency and their chronies to stop wasting our dollars ,and stop globe tripping like obi. even when election gllast year.

Oga, chill. Even Americans import all manner of things. Become an expert in commodities you produce and do it better. Importation is not a sin. Saudi, UAE, even Western societies import. Just balance your import to meet your export without negatively impacting your economy.

MEEVEET:
First thing first listen to Peter obi interviews on moving from consumption to productions

Read and understand theory of comparative advantage

Then try and familiarize yourself with how developmental economics works

Now

Your revenue to debt servicing is already 110%
This means that you need to borrow 10% of what you earn to pay interests for the loan we have already borrowed

Recurrent expenditure is about 200% revenue that's the money needed to run government, pay workers, buy diesel for army, police and others

Does it make sense now to borrow money and do a very beautiful fine sweet costal road that would increase debt servicing/ recurrent expenditure and not increase revenue?

Does it not make sense to invest the loan into something that would increase revenue and at least pay back it's own loan? Is that not the logical thing to do?

How do you do this you would ask... By investing in your people like Peter obi said... How?

Let's take example a village in Benue... That village have 300 farming families and have 10,000 hectares... But can only farm 1000 hectares yearly due to manual labor

Now imagine CBN sends people to talk to this people... Why not put all your farms together and form a cooperative, each person shares being the percentage of farm they bring

Then as a cooperative you approach a bank nearest to you, they give you loan interest loans given to the bank by CBN

With this loan thy buy improved seeds, mechanize their farms

Not only would their yeild per hectares increase based on improved input they now farm more lands in far less time... So cost of production drops

They can still approach banks for more loan to process their products, for rice rice mill for cassava you can have ethnol , fruity juice for fruit farmers ,Feed mill for corn and soya bean farmers

These reduced the cost of production, make the price of foods to reduce and farmers richer

You don't do this by providing 75 billion to SMEs
You do this by providing minimum of 5 trillion years to banks at an interest rate of say 2% banks search for this cooperative, educate them, guid them and give them loan at say 7% interest rate

Must not be farms can he garments factory, leather works, ICT companies, etc

Now that's how you kick start economic growth

you're smart and intelligent.

1) In addition to all you said, I'm of the opinion the govt reverts the existing economy back to whr she met it. In simple terms, revert back to subsidy. People will say this is foolish, but it's the sincere truth.

For us to produce, we need cheap power. Energy is killing business in Nigeria. Declare a state of emergency in the power sector. And ensure that the power generation capacity gets to about 20,000mMwts in the next 1yr. Even if the govt doesn't do anythg meaningful in other sectors, let power be achieved in the next 1yr. This is basically the only meaningful way to drive production. With stable and cheap electricity, FDI will swim into Nigeria, and the so called scarce dollar will become a thing of the past. Business will produce more at cheaper cost and the economy will rebound.

2) Do we need domiciliary accounts in Nigeria? Not even a politically exposed person should have one. Only businesses who have verifiable reasons for fx should have such accounts, and this muct be under strict prudential checks.

I can go on and on, but to what benefit?Wasting my pad?

While I was bathing this morning, a thought ran through my head, and I was like, do any serious country that thinks about the future still dabble in the primitivity of "state of origin"? Nigeria should do away with it. Rather, place of birth and place of residence should be adopted.

I actually don't believe this country can get better.

LOVEALAIGBO:
Akin to a daft and selfish father with hungry kids at home who lack school fees to return to school. Then one day Dad comes home with a new set of threads and a silly look on his face! And when he's asked by his long-suffering wifey to explain himself, he says he has to look good to project the family in a 'positive light' to the neighbours! You couldn't make it up!


PS- For those who don't get the analogy, i'm alluding to the stupidity of going on a flight of fancy....ie, building a multi-billion dollar coastal road when decrepit and dangerously failed roads exist all over the country!

your well of wisdom will neva run dry.

Lovit:
Is this statement necessary?

All citizens should have access to the capital, enough of these careless talks please

except someone is constituting a nuisance or broke the law, he/she shouldn't be restricted.

God bless you. I don't know whr these people "just dey get this their very irrelevant statements" from. A citizen of a country who has same rights and privileges as every other citizen, defining whr a citizen can and cannot live. This is what we get in 3rd world societies.

Deefirm:
Very true actually

but how is this statement true? He should first go and rẹ-write the constitution of Nigeria.

Very very irrelevant statistics. To what gain exactly?

frankputer:
Labor union must fight on this.
It need to be scrap totally.
It should never stand.

we get labour unions?

nairalanda1:
Strong currency nations are nations that export manufactured goods and services, and allow the free market to operate

this is why the Lagos - Calabar coastline road is not necessary. If dat trillions is poured into power sector, we for ṣee the difference in 4yrs. Unfortunately, our leaders' scale of preference differs.

Angelfrost:
982 per day?!! Healthy diet?!!

I have always known that these statisticians in Nigeria are either brainless or just out of touch with the realities in Nigeria or just deceiving themselves and the general gullible public.

You can't get a decent, balanced, and rich meal for anything less than 800 to 1000 in Nigeria today... And, that's for a meal o!

Healthy meals (at least 2 square meals) per day will set every Nigerian back by at least 1800 - 2000! That's just the average.

where una dey get meals for 800?

chatinent:
How did he let the cheating wife so close to him after he caught her! How did he even let her hold his cloth and be pleading that it is not what it is when he caught her red-handed!

I could have killed a lot

jail awaits, if not death by hanging.

10thTenthMan:
Control yourself. Gentlemen.

Always control your self in these situations.

Don’t easily send your self to jail. You might end up in jail leaving her the opportunity do worse.

Why fight for a woman who consciously allowed another man conquer her mind and make her spread her thighs for him to come in? Don’t do that. Naaah. It isn’t worth it. If anything, it is the woman that should be dealt with. But even that is risky and not worth it.

You aren’t the king there anymore. Move on. Quietly drive home and get her out of your house and your life.

I doubt any advice can go better. You nailed it. Controlling one's temperament in situations like this make us real men.

The govt should take the blame in all of this. No individual can print money, and no individual can regulate the money in circulation. When the CBN is ready to carryout its primary function it will do it.

Okortor:
Efcc rest for emefiele matter
...there are other important pressing issues rocking the country as we speak
. emefiele's issue is stale

Emefiele was this bad yet we dint die of hunger. The next govt after Tinubu will ọpen a can of worms. I hope they are prepared.

pandax:
Taaaa - Food that saved us at UNIZIK and saving us to date

onye chọrọ ọkpa dio ku

chaddy16:
Abacha. It's so tasteless. Makes me vomit in seeing it

ha! U dey miss oo

Lovit:
Insecurity has been an on-going concern and it is peaking up. Some sickness may take years to kill its host so also is Insecurity.

Naira float and subsidy removal worsen the situation.

Production of most of the staple foods like garri are scarcely affected by subsidy removal and naira float, what pushes up prices of locally produced foods more is insecurity.

you're wrong sir, insecurity is not the main issue. We witnessed it under buhari. Have you considered the cost of moving garri let's say from Delta to Lagos under Buhari when fuel was 160 versus now it's 650, they can never be the same. The trader who sells garri will need to buy other commodities influenced by dollar. This is the main crux.

Lovit:
Forget about Naira floating and subsidy removal

one other great factor pushing up food prices and stuffing economic activities is insecurity

Today, almost in all states in Nigeria, farmers are afraid to go to their farms because of arms bearing Fulani herdsmen

The FG always keeps mute when these terrorists kill and kidnap farmers, even some people in the FG are part of the covert plan to spread armed Fulanis nationwide on fulanization drive. What has Tinubu done differently?

before the end of this year, you all will be buying a paint of garri for N10,000.

there's terrorism under Buhari, price of things dint go this haywire. The subsidy removal, floating the naira killed the economy.

It's common economics that only a producing and exporting economy should float. Secondly you can't produce without having stable electricity and reduced cost of production.

The govt removed subsidy and the cost of producing almost everything went up. Imagine you're a producer and you rely heavily on the use of petrol to produce, if you spend 5000 to produce daily, today your cost of same production using same quantity of fuel will be about 20000. Your cost of production has gone up, but the quantity you supply to the market has reduced cos the purchasing power of the people has also reduced. This is the main issue facing Nigeria.

Blazetrailer:
...very funny country...people saddled with the responsibility of helping and fixing the issues in the economy, well and duly compensated...coming out publicly to lament instead of getting his ass to work

from his write-up, you'll know he's against the govt-cum CBN policy. He's not saddled with the responsibility of calling the shots, so do not expect him to make policies or decisions to change things. He's more of a yes sir person.

Tetrahedron:
Did this mallam say this during Buhari’s infamous 8yrs?
Or he was dumb then?

what is the purchasing power of an average Nigerian under Buhari compared to Tinubu? A litre of fuel is 160 under Buhari, it's 650 under Tinubu. So calm down.

seborrhic:
They are talking of a shrinking economy and one clown is talking of increasing electricity,to further shrink an already distressed economy!
When you increase tariffs,companies reduce their working hours to reduce cost,they also have to reduce staff or even close some sections of the company.
Even the night time kiosk or small business outfit have to cut their hours,instead of eg,staying till 12 or 1am,they decide to close by 10 or 11pm,reducing their income.
So just by increased electricity tariff alone,there would be some contraction in the economy,added to that already caused by fuel and ₦ floating.
Assuming Nigeria even had a reliable data base and had been tracking economic activity professionally,they would have known that the economy started contracting since diesel prices went to the roof in previous regimes.
But in an economy run on faulty foundations,where a politician can steal government funds and build an estate or companies chiefly for laundering purposes or bragging rights,or where a scammer or kidnapper can hit a goldmine and construct mansions or business mall,all these things don't matter
What a sensible goverment would have done now is freeze all increases so people can have more disposable income to buy essentials and 1 or 2 not so essential but driver of the economy.
Even this idea that increased electricity tariff will improve the sector,run by political businessmen,is a fallacy
Make electricity 1k/kWh under these same companies now running it and there would be no change!

you're too intelligent not to be my friend. I buy all you said hook, line and sinker. I've said it before, the major issue was the price of petrol, diesel and now electricity. These 3 things are the foundation of any economy. The present govt thinks they can grow more tax by mere taxing to the roof, ironically it's a direct measure to kill the economy completely.

Once the disposable income of the people reduces then there's doom for such economy, its effect will go round.

SuperEagles:
Argh !

How did that happen when foolish obidient ipob already declared Tinubu as finished the reserve he use in defending the Naira. Did Tinubu borrow dollar from the Agulu bastard to defend it now.

hope no problem.

9jatriot:
Exactly,

I wont be surprised that there must have been public outcry then on why the need for 3rd main land bridge back in the days.

there was no major bridge linking the island with the mainland when IBB initiated it. On the other hand, we have an existing road infrastructure linking east and west.

9jatriot:
It does make a lot of sense. There is practically only one road between Lagos and Benin, so even people going to the East or South South can end up spending hours on the road if there is traffic at Ore.

I still do not understand why anyone believes that things cannot run concurrently.

the road in all sincerity makes no economic sense. Why duplicate when you can upgrade the existing road with lesser fund? The fund budgeted for that road can be channeled into power to boost electricity.

EmeeNaka:
Is this not interference in their freedom of legitimate business operations ? Do they want the business to wind up?

I no just understand this country.

Mercenary123:
. You should have ignored the fool. Some of my fellow countrymen makes me hate this country the more.

sometimes we just need to make this people understand we are not fools.

Appletek:
If both of you have opened your ears and heard about latest happenings in the sector, you won't be typing this nonsense.

JETA1 has crashed DPK has crashed. Remains AGO and PMS. Prices of Dangote refinery are the cause.

If you don't know something, ask those in the sector. In the alternative, keep typing your trash.

I'm out.

Oga, keep your half-baked permutations to yourself. Makes no logical sense to any sane mind.

If the price of a commodity will crash soon, or has crashed due to a new competitor, won't it be economically smart for marketers to want to sell off their old stock in order not to run losses when the new and cheaper stock gets to the market? Why would a marketer choose to hoard a a product he bought at an exorbitant price when a cheap alternative is in the horizon? Basic economics is not that hard sir.

Appletek:
Nah. It wants to crash, so marketers are refusing to take new stock of fuel.

whr are you guys getting this warped permutations from? It wants to crash from whr?

rinaballa:
is this uk?

no, so because this is not UK, then we should die?

Ekaka14:
Add cucurella to the top of that list abeg

cucurella is not flop beg, he's one of Chelsea best this season. Chelsea flop 1 to 3.

1) Jackson
2) Nickolas
3) Nicholas Jackson.

This guys is useless.

blackgold2018:
oga calm down.. that 170k is ok.

170k is okay? Even people in UK don't pay 170k for electricity. Nawa for una óò.