₦airaland Forum

Great Point by Reno...some of the things that have evaporated the middle class in Nigeria and diverted money to the rich

1. Data and Social media...we are Twitter, instagram, YouTube, Facebook burning data to watch folks that are rich getting richer.

2. GoTV and Dish ...some are spending N25k per month equivalent of N300k a year just to watch 5 - 10 channels max on Dish

3. Sports Betting and Sports ...we spend some many valuable time watching sports especially those that bet on them...its only a little money daily. Well it adds up idiot.

4. Alcohol and Weeds ...it used to be terrible kids that smoke at all or drink...now we spend both legit and stolen money on weeds

5. Private schools ...so many of them. N300k per year from Primary 1 - 6 and JS 1 - SS3 is N300k * 12 = N3.6 million per child. By the time, you finish at tertiary, almost N5m will be spent on each child. Guess what...most are still coming out to fight for jobs with kids that went to public schools. If you attend Private tertiary, you will spend almost N10m per child from PreK to First Degree...for parents who are well prepared, the graduates will japa, have jobs waiting...and for the rest, good luck if the child didnt even make 1st or 2.1.

I wont add females to the list because that was always in vogue from the beginning of time...even though it might be worse now, but these 4 things above...check your budget and thank me later. There are other loss of income like two cars and petrol...unless you are using the cars to generate money. Very few people in their 40s can count families that had more than 1 car growing up. Some of these are what we call..."Agbana - things that take your money away" I am not saying you should not bam bam...but grow your wealth first then indulge if you must.

adenigga:
Social media influencer, Reno Omokri, has urged President Bola Tinubu to ban sports betting apps in the country.

According to Omokri, a ban on sports betting apps could even help improve the value of the Naira.

Omokri, who quoted the National Lottery Trust Fund. lamented that “$1 billion is spent on gambling daily in Nigeria.”

The media influencer expressed his views in a series of tweets shared via his X profile on Wednesday.

His tweet read, “President Tinubu can immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorising the Nigerian Communications Commission to ban sports betting apps from the App Store of any GSM Internet Service Provider in Nigeria and revoking the licenses of any physical sports betting operators in Nigeria. It makes better sense than Buhari’s draconian #TwitterBan.”

The former Special Assistant to erstwhile President Goodluck Jonathan stated that an average Nigerian spends “$15 daily on sports betting and other types of gambling.”

Omokri noted that despite the high rate of gambling in the country, the “vast majority of that amount” is leaving the shores of the country into foreign nations, compared to the nation’s externally generated revenue.

“This is scary. How much is our GDP that we are pissing it away like that? More money is leaving Nigeria through gambling than is coming in,” he wrote.

Omokri cautioned., “The Naira can never sustain its rally under such circumstances.”

The tweet stated further, “There is such an epidemic of gambling in Nigeria and it is destroying Nigerian youths. $1 billion is spent on gambling daily in Nigeria, according to the National Lottery Trust Fund. Please fact-check me.

“The average Nigerian spends $15 daily on sports betting and other types of gambling, with the vast majority of that amount leaving our economy and going to places like Russia, South Africa, and Europe. The Naira can never sustain its rally under such circumstances.”

Findings by PUNCH Online reveal that several sports betting firms operate in Nigeria. Some of the betting firms include Bet9ja, Nairabet, Merry Bet and SportyBet, amongst others.

Omokri, in his post, further urged Tinubu to “act on such a matter as threatening to our national security as this gambling epidemic.”

He also condemned the illegal means through which some Nigerian youths sought money “to fund their gambling habit.”

PUNCH Online reports that the Minister of Special Duties and Intergovernmental Affairs, Zephaniah Jisalo, said the Federal Government would find a lasting solution to the friction caused by revenue generation in the gaming sector.

Jisalo noted that the FG “will do all within its statutory powers to ensure the gaming industry remains on the steady path of sustainable growth and development,” while speaking at the 2023 International Gaming Conference held at the Eko Hotels and Suites, Victoria Island, Lagos State, on Tuesday, October 31, 2023.

The Fund’s Executive Secretary/Chief Executive Officer, Bello Maigari, appearing before the House of Representatives Committee on Finance on Monday, November 20, 2023, stated that the Fund, in 2023, generated N2.5 billion, noting however that the entire sum had been spent in the execution of various projects across the country.

The money, he said, was generated from statutory remittances from licenses and permit holders.

Source: https://punchng.com/Ban-sports-betting-apps-Reno-Omokri-urges-Tinubu

Why play the victimhood all the time? When Niger Bridge 2 was done...it was...Federal Govt is trying to put tolls in order to take money out of SE. So if the Fed Govt cant recoup investment, and decided to do a cheaper narrow gauge, why all the noise? Most of the big men in SE will take planes...only goods and cargo will be moved and its a faster cheaper investment to expand into SE. Yes, let us ask questions as to why this was used over that...but I am sick of adults complaining and whinning like children. It annoys me.

Goodvibes007:
https://www.thecable.ng/ccecc-weve-completed-laying-of-tracks-on-port-harcourt-to-aba-rail-line/amp

While "standard gauge" rails placed 4 feet, 8.5 inches apart provided stability and allowed very large trains to run fast, "narrow gauge" rails could be laid more quickly, could let the train go around tighter curves, and could more easily handle rough or mountainous landscapes.

https://mainenarrowgauge.org/mission-history#:~:text=While%20%22standard%20gauge%22%20rails%20placed,handle%20rough%20or%20mountainous%20landscapes.

Goodvibes007:
https://www.thecable.ng/ccecc-weve-completed-laying-of-tracks-on-port-harcourt-to-aba-rail-line/amp

Lol...I am sure I have been in more leadership position than all your family members combined starting from high school days. Focus on the topic and make your responses to be based on the topics not personal insults. You don't need to bring others down in order to improve on your self esteem issues.

7upnigeria:
From your statement, you're probably an infant who's likely never even been a CLASS PREFECT before. That's d problem with faceless forums like this, its d problem with the kind of democracy we have in Nigeria where even kindergarten voters with PVC are given a choice to vote between an ice cream seller and a science teacher.

Why? I think its best practice to start what you can complete...thats why we have thousands of abandoned projects. Do the calculations and put enough people on the site. Skyscrapers can be built in less than 2 years...all these projects can be done within 4yrs if you use multiple contractors and plan it well. The longer it takes, the more expensive or unpredictable it gets. See Wike, he completed all and let Fubara commission some of them.

Khyrvxjzy:
ipob

That is how you end up with expensive projects...the next Gov will continue with more revisions...Hmm. We never learn.

7upnigeria:
Continuity, that's d good thing about Lagos. Where he stops, the next Governor continues. One person cant do EVERYTHING, development is always continuous.

Just make sure you finish them during your term or don't start at all

Atlantis585:
Source: https://punchng.com/lagos-to-begin-lekki-airport-2024-commissioner/?amp

Should they be in your own name lol

Whiteways:
Good job.

Why all the projects in his name. This Nigeria.

See ...they also love subsidies...just get paid from Govt...no one wants to put in the effort to get funds from customers knowing services are terrible...anyways the news has been debunked ..no tariff hikes

TruthsFM:
More Hardship Looms For Nigerians As DisCos Set To Increase Electricity Tariff On Jan 1

While the pains of fuel subsidy removal still linger, the confusion surrounding a planned electricity tariff increment starting from January 1, 2024 has compounded the worries.

It was gathered that the officials of the Nigeria’s Electricity Distribution Companies (DisCos) held a virtual emergency meeting recently to formalise and perfect the planned tariff increase.

A source in one of the DisCos, who claimed anonymity, confirmed the development to Daily Trust on Sunday.

The source said: “All has been perfected for the new tariff to take effect from the first of January, 2024.

It is now left for various electricity distribution companies to enlighten their customers on new developments.”

The source said the National Electricity Regulatory Commission (NERC) had already invited distribution companies for a meeting on the development.
He expressed fear that while it is mandatory for electricity distribution companies to regularly evaluate tariffs every six months, the recent increase would meet customers’ dissatisfaction.

“In fact, we were perturbed by the short notice and how we would reach out to our customers about the increase,” he said.
Asked how much the increase would be, the source said, “No idea so far, but the uncertainty has put us in a difficult situation.”

Recall that in November 2023, President Bola Ahmed Tinubu stopped the implementation of the electricity tariff, insisting on a power sector subsidy.

Speaking on Tinubu’s directive on electricity tariff hikes, the Minister of Power, Adebayo Adelabu, said, “The power sector is an industry that is very sensitive to any leader.

“You cannot jump overnight and implement the cost-reflective tariff. I can tell you that till today, the government still subsidises power”.



https://www.osundefender.com/more-hardship-looms-for-nigerians-as-discos-set-to-increase-electricity-tariff-on-jan-1/

This man...always looking for attention. I thought he was popular until his last election

Sundaland:
https://dailypostngr.com/2024/01/tinubus-2024-assurance-is-like-that-of-a-native-doctor-to-a-sick-man-no-recovery-date-shehu-sani/

Thank God it wasn't in the middle of the night...Let's give thanks inspite of our own challenges...Houses and Businesses were burn to ashes in 2023 in Hawaii...It is well

Supremos:

https://www.youtube.com/watch?v=BarzU7K--HU?si=YG9SwDgE6ggo6SpT


Tsunami warning issued after powerful earthquake strikes Japan

The quake had a preliminary magnitude of 7.5, USGS said.

By

Anthony Trotter

 and

Kevin Shalvey

January 1, 2024, 8:14 AM ET

• 7 min read



https://abcnews.go.com/International/powerful-earthquake-strikes-japan/story?id=106028492

But people can abuse it just like some people report folks for divergent views that are not abusive or controversial.

Ireportlive:




Happy New Year Bro... keep up the Good work


God bless Nairaland!!!


Nairaland needs block button



.

With less than N100k...one of our iDAGBA Empowerment Foundation started POS business...she is doing a transaction of over N2m per month in less than 6 months.

Not everyone is serious or have business sense...do what you will enjoy..Another Beneficiary focused on Uber...but had to support with a lot more...luckily car seller accepted 55% down payment with 27.5% paid to get the car and within 3 weeks... 27.5% was paid again..just imagine making N250k minus gas and all within 3 weeks. Both are females by the way.

Do what you have passion for and can hustle day and night. The guys are yet to impress me so far

Randal:
Hello, it's not news that we're in a new year and we all have desires to start something to make money.

I have 200k and I don't know where to put it and make good profits.

Please give Me ideas.

Interesting... guess good leaders will sleep inside forests or build border walls

poseidon12:
Terrible suggestion. Thick forests are not the cause of kidnapping. Bad governance is. Elect good leaders.

Remi Tinubu did the same....no biggie. Tinubu was in Lagos...she was in Abuja lol

Fiscus105:
Women head easily swollen big when their husbands are in power, if you, as a husband don't let her know her level, she would cause problem for you. Infact, even in ordnary extended family, husband must cut his wife wings for him to be able to leave in peace with his siblings.


One thing that stained akeredolu legacy is too much power he gave to his wife and son, not even wife & son that too intoxicated by power.


I STILL NOT FATHOM WHY, WIFE OF SITTING GOV WOULD GO AS FAR AS EAST TO CONTEST A SENATORIAL SEAT, LET SAY SHE WON,SHE WOULD HAVE LEFT ABANDONED HER HUSBAND AS GOV IN ONDO AND GO TO ABUJA TO STAY AS SENATOR.

Let's give it to him...he is trying. I would prefer he focuses on one thing and make a difference...like the IDP camp...don't go and donate N5m...create schools, hospitals and make their lives better even at the camps. Start a serious NGO and be the true difference ...

kenevision:
Today, Mr Peter Obi visited Onitsha Prisons to celebrate the End-Of-Year Thanksgiving Mass with them. Here are some pictures from the event.

I don't live a life of regrets...I am always grateful. I look at where I used to be and where I am...it's Imela...God's Grace.

iwaeda:
What are you regrets in Year 2023?

Like your Kogi Gubernatorial candidate did after election...running off to Dubai or like Bwala stationed in London...dey play dey play.

ogododo:
Press Statement

Brace up to Defend our Democracy- @OfficialPDPNig charges Nigerians on New Year

Aregbe should disappear..the man that took over his Ministry is Vanguard Minister of the Year. He was useless to Osun and useless at the Federal Level.

chokekachy:
https://thenationonlineng.net/aregbesola-blames-oyetola-for-apcs-defeat-in-osun/?utm_source=&utm_medium=twitter

Tinubu is not 1yr into his administration...they just passed his 1st budget. We didnt have enough funds to defend the Naira so subsidy removal prevented the country's collapse. Ive said this before...Bloomberg said the Naira had to fall...the goal here is to collapse importation...then build up export...which right now..non Oil Revenue has passed N4 trillion.

Refinery rehab is ongoing. Dangote has received 3 million barrels
..sit there and be looking for the doom that won't happen.

Fujiyama:
^^^


Bola Tinubu is failing. That is the honest truth.

One lesson for all of us from this administration's troubles: it is always better to underpromise and over deliver...than to overpromise and underdeliver.

This administration made headlines by removing fuel import subsidies and floating the Naira within a few weeks of assuming power. As we speak however, the subsidy has been reinstated and the government is struggling hard to get a facility loan from AFREXIM in what will be an ultimately futile short term effort to defend the Naira.

So...the administration's signature policies have been reversed in less than 12 months and we are right back where we started...and we now have galloping inflation and chronic currency depreciation as the (perhaps) unintended but clearly inevitable consequences of Bola Tinubu's policy misadventures. In every way, the country is worse off now than it was before. Which of course raises the question: what was it all for? What was the point?

Screw climate change ....bulldoze and level all these forests then start replanting when we have secured the territories...we can't continue like this

Supremos:

https://www.youtube.com/watch?v=8jGONa-7kZE?si=ssJv7R9oA1QY7YCK


Let's appreciate our police men for risking their lives for fellow citizens.

Can we just ignore all these folks with camera feeding us misinformation or at least verify them and ban those with fake information on NairaLand??

Supremos:

https://www.youtube.com/watch?v=5QR-owPifNw?si=bQBlWJkXDAv1Z1qd


This is disheartening.

Again you were not reading my writeups..Tinubu was not in my Tops.. Umahi was my number 1...he had no choice as a newbie to APC, Amaechi was the dark horse ...his problem was lack of a political base in his own state...then Tinubu.

You picked Obi because you believe in social justice...do you know anything about his personal business and how he practices social justice? I guess not. Then you have a guy who wanted to win PDP ticket...left and join LP after APGA. You talk about party ideology my friend...which ideology is he leading with...APGA, PDP or LP. Almost all his supporters are PDP transplants. Who do you think would be in his cabinets...you? You need to follow APC's policies. How do we strengthen the country for the future so we won't be doing the same thing and expecting different results...are all APC members great or saints...nope but you need to look at the overall party and see the brains of brains there.

We tried with Obama here and guess what...it was a major flop. Peter Obi can't even convince his people to vote for his Govs...and he campaigned for some. I wish we had a better way of communicating ...my issue is not the man...the man might mean well or has good intent...but intent is not enough to govern well...intent isn't good leadership. You see...I tell people Mandela was a good inspirational person but he wasn't a great leader...South Africa after him is still saddled with issues not resolved.

Peter Obi in trying to pacify all parties would have led a divided country with controversial plans that won't have gone anywhere...maybe his few LP would have gone with PDP to try to give him a small majority...or bullied his way into the National Assembly...what you have seen with the few LPs you currently have shows LP is not the principled party you think it is....so i will leave you with this wise saying...a known devil is better than an unknown angel. We know Tinubu and Lagos...he is not a Saint...and his followers are not blind.

ablejesus26:
And You picked tinubu I guess??

Its very important to know and understand the various political institutions this people rally with,this is one big problems We continue to face with the electorates.

I asked one APC nigga to tell me the psychological and ideological standings of APC as a political party and how they hence affect the affairs and lives of the Country, He does not even understand that political parties should bear ideologies, to him like many other this is plainly a my candidate, my party must Win thing.

I stood with LP bcus I am sold out to the foundational ideology of social justice of Lp World wide.

Some of You think this Lp movement is just a Nigerian thing. Search for LP UK created 1900 and maybe You can understand why its important to have a people's movement to challenge this evil hearted fifth columnist We have for leaders.

Again you make false assumptions like most followers do...I clicked the article and read it...good serviceman does not equate to great leadership...or capable leadership in a Nigeria setting which is why it was impossible for subsequent leaders to model after him. Anyways you won't understand my point and so we agree to disagree. The same way I felt Oshibanjo would have been a terrible President you see...I didn't pick him in my Top 3.

ablejesus26:
Well its obvious You did not click the link.

You don't have to like him after all but doesn't change the fact that Obi is an excellent serviceman.

Those who know him know him, We don't queue behind the political jamboree his critics create.

1994 Team remains the GOAT. If you don't agree, go to Court

politicoNG:
https://dailytrust.com/itll-take-miracle-for-super-eagles-to-win-afcon/

It's always great to learn looking from the outside in...some are stuck in the box and all they see is limitations. I pray your regime brings great tidings and blessings to your people. Being a leader is a tough task...those inside are more dangerous than those outside

Beremx:
25-yr-old Ubulu Uku King Returns Home After Years studying Abroad amidst jubilation

Onyemaechi, Onwordi Ibori Ubulu, others said Obi Home Coming is a blessing

The 25 years old Obi of Ubulu Uku kingdom Obi Chukwuka Noah Akaeze has returned home after studying abroad .

The Obi was received at the Asaba International Airport on Thursday by thousands of his people who stormed the airport with jubilation to receive him .

The Commissioner for Technical Education Hon Joan Onyemaechi , Senior Special Assistant on Youth Mobilization to the Delta State Governor Hon James Onwordi Endurance known as Ibori Ubulu among others described the Obi home coming as a blessing to Ubulu Uku kingdom.

They noted that the celebration of the Obi is as a result of the love the people has for him considering how impactful he has been to the kingdom .

The obi while applauding the people of ubulu uku for the tremendous support said he will always protect the interest of the kingdom.

He also thanked the immediate past governor of Delta State Sen Ifeanyi Okowa and the current governor Rt Hon Sheriff Oborevwori for the support over the years .

Obi Chukwuka Noah Akaeze was crowned king of Ubulu-Uku kingdom and was giving staff of Office by the Delta State state government at the age of 18 in 2016.

Thereafter he traveled abroad to continue his education being a lover of education.

Eight years later, he has returned back to rule his people .

He was just 18 when his father the late king became a victim of murder in 2016.

Ubulu-Uku is located in Aniocha South Local Government area of Delta State

https://www.vanguardngr.com/2023/12/25-yr-old-ubulu-uku-king-returns-home-after-studying-abroad-amidst-jubilation/amp/

The problem here is we all don't want to listen and counter without making it tribal. Now, you claim Anambra is the safest and yet you fail to realize that his failure to have infrastructure in place showed in just few months of his departure. I am sure you ignore the gully erosion problem which a forward thinking leader should have focus on
..like Lagos did. I know what Lagos used to be and the level of reforms and legacies of Tinubu has lived past his administration. Where is Obi's blueprint for Anambra?

I have watched almost all his interviews. I don't even see a coherent plan to take Nigeria forward. Some of us just don't follow blindly. You want to produce...how do you Nationalize Land for public use, capture revenues and build lasting legacies...Lagos did not accelerate after Tinubu by default. Returning schools back to private hands is a way of saying Anambra can't run schools...good..but can the poor afford the private schools...did he give out grants and is that something that can be maintained?

ablejesus26:
How did I ever insult You
You turned this discuss into Lagos vs Anambra, this is how it starts,its no news how a good lots of mofos here turn every discuss into senseless tribal banters.
You don't have to like the man Obi but You can't dispute of the facts and stats, even His critics know He is an awesome public servant.

Obi was incompetent yet Anambra was rated most safest State in Nigeria back to back.
Insecurity rocks a system where incompetence reigns, hardship, hunger,lack of social amenities, illiteracy, unemployment, check States with high insecurity rates perhaps your mind can fix the link as to why Anambra was rated safest State under Obi by IGP Baba.

He was incompetent yet He took Anambra's Education from like 13th to first position.

Politics don make so many people loose their sense of judgment.

https://www.legit.ng/nigeria/1498135-18-major-achievements-peter-obi-melt-hearts/

Lol they might be customers for all we care or Area Boys or Omo Onile...as always unverified news made headlines...only in Nigeria

DesChyko:
I apologize. They are not traders, even though they are more than one (R.I.P. Singular and Plural).

They are bricklayers.

Happy now?

Lol the idiotic UN Security Council watched Israel level civilian infrastructure and now hold an emergency meeting to condemn Russia knowing Russia has veto power. What the West will do to Ukraine..she won't recover decades to come. You destroyed a Russia ship
..that changes everything. Someone didn't read about Putin. Good luck to Ukraine and the useless UN Security Council.

Botragelad:
https://www.bbc.com/news/world-europe-67847463.amp

Since you have enough time...go and check all my postings and point to tribal hate. Peter Obi is incompetent. Prof Soludo I respect because he is doing what Obi did not or cannot do. You don't want to hear the truth and turn it to tribal. My dark horse during primary was Amaechi and my number 1 aspirant was former Ebonyi Gov now Minister ...and was the President of SE Govs Forum. Instead of responding with sense, you are insulting someone you don't know. Some of us have mixed tribes and we don't descend so low.

ablejesus26:
Just rest it already, you are dying of disappointment bcus I refused to enjoin you in the only thing that makes sense to your soul,which is senseless tribal hate and banters.

How do you even feel when you do senseless tribal hate?

and some will say this life balance...see your younger mate financially able to support 2 wives at 19. Up your hustle and stop complaining

adesegun121:
Happy married life but some men get mind ooo in this economy

Well congrat to him

SOURCE: https://gistmeloveblog.com/19-year-old-man-marries-two-wives-at-a-time-in-bauchi/

You have 2 or 3 people screaming ...and It becomes Traders...those screaming are less than 1% of 1% of all the people gathered. Majority are busy recording our President in awe. God bless President Tinubu and the Fed Republic of Nigeria

DesChyko:
https://dailypost.ng/2023/12/30/we-are-hungry-lagos-residents-yell-at-tinubu/