₦airaland Forum

NIGERIAN TRIBUNE

The World Bank says inflation in food prices remains high globally.

It made the declaration in its latest Food Security Update report issued on Wednesday.

“Information from the latest month between December 2022 and March 2023 for which food price inflation data are available shows high inflation in almost all low and middle-income countries.

“Inflation levels are greater than 5 per cent in 70.6 per cent of low-income countries and in 90.9 per cent of lower-middle-income countries.

“Inflation rate is also above 5 per cent in 87 per cent of upper-middle-income countries some of which are experiencing double-digit inflation,’’ it stated.

It stressed that about 84.2 per cent of high-income countries were experiencing high food price inflation.

“The countries affected most are in Africa, North America, Latin America, South Asia, Europe, and Central Asia,’’ the World Bank noted.

It quoted the Food and Agriculture Organisation (FAO) as stating that the benchmark index of international food commodity prices declined for the 12th consecutive month in March 2023.

“The FAO Food Price Index averaged 126.9 points in March 2023, a marginal 2.1 per cent decrease from February 2023 and a 20.5 per cent decrease from its peak in March 2022.

“The index, which tracks monthly changes in international commodity prices, indicated that a combination of factors, including ample supplies, subdued import demand, and extension of the Black Sea Grain Initiative, contributed to the decrease,’’ the bank stated.

It noted that in 2019 and before COVID-19, the FAO Food Price Index stood at 95.1 points.

As part of its global response to food security crisis, the World Bank announced in April 2022 that it would provide up to 30 billion dollars over 15 months, including 12 billion dollars in new projects.

The bank stated that the financing was to scale up short-term and long-term responses along four themes to boost food and nutrition security, reduce risks, and strengthen food systems.

“This will be done by supporting producers and consumers, facilitating increased trade in food and trade inputs, supporting vulnerable households, and investing in sustainable food and nutrition security.

“Between April and December 2022, the bank’s food and nutrition security commitments in new lending passed the 12 billion dollars mark with almost half of this for Africa, which is one of the regions hardest-hit by the food crisis.

“Some examples include the 766-million-dollar West Africa Food Systems Resilience Programme which is working to increase preparedness against food insecurity and improve the resilience of food systems in West Africa.


“The programme is increasing digital advisory services for agriculture and food crisis prevention and management.

“It is also boosting adaption capacity of agriculture system actors, and investing in regional food market integration and trade to increase food security,’’ it stated.

The World Bank added that an additional 345 million dollars is currently under preparation for Senegal, Sierra Leone, and Togo.

https://tribuneonlineng.com/food-price-inflation-remains-high-globally-world-bank/

On what basis would NANS have to close down a private company's offices. While the goal might be great, the steps they plan to take is very illegal. I am against all these illegal attacks by these so-called Unions and I am a strong proponent of Unions.

ijustdey:
Nigerian Students, NANS Gives Multi-Choice Company Seven Days To Begin Pay-As-You-View Billing Or Face Closure Of Offices



https://saharareporters.com/2023/04/26/nigerian-students-nans-gives-multi-choice-company-seven-days-begin-pay-you-view-billing


Previous thread https://www.nairaland.com/7666235/multichoice-increases-subscription-rates-dstv

Playing the vicitmhood continues...wait till he forms his cabinet. We know Ohanaeze is fully PDP/LP...they should stop disturbing us. What have they done for their people? Nothing...they give out titles for money. Nothing to show for it, and like we heard...travel to Enugu to do the do.

Antimandatethie:
Vanguard

I agree he should be the next Minister of Works but Senate is safer...Ministers serve at the pleasure of the President and can be fired via conspiracy

sonature1:
Dave Umahi was one of the best things that happened to Nigeria! I wish he went for a ministerial appointment (preferably minster of works) instead of the senate.

He would have shown Nigerians how to build world-class Infrastructural projects with so little, unlike Fashola who's always looking for ways to hike the price of projects. Yes, I wrote this with my full chest!

JAPA propagandist...I think you have mistaken me for someone else. When did I become your japa propagandist

irumole1975:
Japa propagandist like MasterTeeUSA will soon be here to tell you that you're not wise for intending to use that money to buy car in Nigeria instead of borrowing money to add join to pay school fee and relocate to UK

and yet one politician ran to a man of God shouting YES DADDY. I guess that is excellent leadership. She responded well, because I have come to understand Nigerians understand one language...public embarrassment. Na so one tenant move into one of my Dad's apartment that was not assigned and sublet his own...even though his money was past due and late even on the apartment assigned to him. Lawyer was saying rubbish that we need a court order...the moment he was visited and publicly embarrassed, he paid and begged. Sadly we have gotten to that point in the society now where people act and chat stupidly. Sadly the same people will worship on Sunday or Friday or claim they want a New Nigeria

superlanny:
No government official should ever use prayers or the name of the Lord or Allah to cover or justify their cluelessness and incompetence. It is myopic and nonsensical when excellent leadership, accountability and patriotism is obviously lacking in our so called politicians. Her reply sounded immature for a high level official, they must learn to tolerate criticisms.

A man without goals will always find something to do with his money.

1. Set specific goals and determine how you plan to get there...savings you cant touch
2. Know that you need to build sources of revenue in order to continue to get what you want
3. Know that spending your seeds will make you useless not just broke
4. Keep in mind money only stays with someone or people that manage it well...its like a spirit
5. Look into family history to find out if you are under a curse that keeps you from prosperity
6. Look for cheaper alternatives...N300k in 4 months is crazy even for some people making money in dollars.
7. Find out why you have a low self esteem and feel the need to spend to feel manly.
8. Know that women will sleep with you even if you spend very little if they care for you.

You have a short period of time. Soon, you wont be able to recover. Write it down...you have had several warnings. It is up to you to learn from them or be forever doomed into a dark destination.

Aigbedion141:
Omo! Was a gambler for 4years only GOD knew how he manage to pull me out.
Now I'm into womanizing spent over 300k within 4months.

I'm extremely tired and saddened, And always remorseful! I regret everybit of my actions after chyking olosho (Hookup, hoe).

Once I'm broke sex doesn't cross my mind.
But the moment there is enough capital my mind is filled up with different theories of sex style.

Initially I started it to kill depression, boredom and shyness.
Now I'm addicted, as a knowledgeable man I'm aware it will obstruct my pathway to success and it's diminish glory and destroy destiny.

I'm very willing to stop and will be very grateful to the advice i will be receiving here.
Thank you to everyone who contributed and to everyone who read.. love always.

Everyone is trying to claim NIGERIA these days Lol. In the past, you will know people are Nigerians by name, but they wont even list Nigeria in their articles or they will claim citizenship of other nations...now you hear...Nigeria-American...even Joshua don dey rep Nigeria more than Britain LOL


[quote author=nlfpmod post=122732514]https://twitter.com/LISinternationl/status/1650480802457698304?s=20[/quote]

That is part of our problem...we don't read. Go and check the Fed Govt investment in Dangote...the tax scheme that allowed Dangote to work on Federal projects and so on.

shiwex:
Dangote refinery has nothing to do with Buhari......

N46 trillion passed to Tinubu plus

70% completion of AKK Gas Pipeline
95% Dangote Refinery
100% completion of Lekki Deep Seaport
Multi-state crude oil discovery
Diversification of the economy from the oil sector
Science and Research - Seed technology
Record funds to states to settle debts and pay salaries
Payment of Govt staff during Covid-19
Technology and equipments for our Airforce, Navy and Army

Ask the USA, the record level of debt is staggering...but guess what? They will increase the debt ceiling so they can borrow more, while at the same time, continue record spending for Ukraine. It is not debt that is the problem...it is what you are getting the debt for.

In Western World, we take on debt for cars, housing, business expenses, schools and education...and even health needs - surgeries. If all the plans set in motion come to fruition, I believe Nigeria will take off like it never did before and we will never go back. Selling Gas to Europe, converting vehicles and tanks to use LNG (Innoson has started)...we will not only supply other African countries vehicles, but we can supply them Natural Gas ..clean fossil fuel. God bless the Fed Republic of Nigeria and God bless Africa.

Antimandatethie:
May 29 transition: Concerns as Buhari govt pass on N46trn debts to Tinubu




https://dailypost.ng/2023/04/25/may-29-transition-concerns-as-buhari-govt-pass-on-n46trn-debts-to-tinubu/

Lol...that is your best line?. We know now who is truly sick. I get you.. i will keep you in prayers. Your sexual foolery is for the world to see now.

TippuTip:
See, you don't even have a life...fyi i didn't read your trash up there so keep suckíng my dick fool

Whoever stole from you must have taken your humanity with it...I didn't tell you to worship my God. Like I said, "those that know their God..." I don't expect you to know my God. As you dey assume thief thief, na so you go continue to justify your failure in life.

TippuTip:
Your god doesn't exist, fool. You're just a lucky thief.

You have not been following Tinubu. I think you missed Fashola's interview that he works late at night. If you really think he means that literally, you are indeed new to politics. You need to dismiss the crowd in order to work at the optimal level

MasterJayJay:
He returned from rest to rest again.
What a babablu bulabu statement.

If you think Buhari had cult like following...wait till JAGABAN gets into office. In Events now, On your mandate we shall stand is the anthem and the Tinubu Logo ...I saw it in UK in January and at another event in the US. Everyone wants to belong to the JAGABAN Army.

naptu2:
Daddy D.O🇳🇬 @DOlusegun

President Elect of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu has arrived Nigeria. pic.twitter.com/dJyPFMWxeG

— Daddy D.O🇳🇬 (@DOlusegun) April 24, 2023

Festus Keyamo, SAN @fkeyamo

Incredible show of love! pic.twitter.com/uRTUqyNIkl

— Festus Keyamo, SAN, CON, FCIArb (UK) (@fkeyamo) April 24, 2023

Vanity upon Vanity...Change lives...how many can we carry with us lol....family go fight over am las las lol




[quote author=Ndlistic post=122724089]Check Out This 500 Million Naira House That Is Currently Trending On Social Media. Can You Spend Such Amount Of Money To Buy It.


https://www.youtube.com/watch?v=IO0PyJ6QhDc


https://vm.tiktok.com/ZMYcVSbhq/



https://twitter.com/mrbayoa1/status/1650493100580585472?t=5k6Z_2JE8PADJu6N2_O5ZA&s=19[/quote]

Reverse psychology....the rejected stone has become the cornerstone. The Igbos have no one but themselves to blame. They need to rethink their strategies next time. Those that didn't vote for Hillary had to settle for Trump...and had 4yrs to rethink and they did the needful and voted for Biden. This is not the time to cry over spilled milk. In 4yrs, return JAGABAN and enjoy what you lost LOL

treesun:
https://www.vanguardngr.com/2023/04/tinubu-already-serving-igbo-bread-soaked-in-water-nwodo/

All these pastors that dont want to go to heaven....Yes DADDY


https://www.youtube.com/watch?v=poja5vtANZk



[quote author=Kabirudeen25 post=122724975]
https://www.youtube.com/watch?v=655S7HxodKo

Pastor David Ibiyeomie shattering the table!

And our neighbors just left the group chat😭 #ArrestBolaTinubuNow pic.twitter.com/diFJ4nbglx

— Jaypee (@JaypeeGeneral) April 24, 2023

]

Technology is indeed a necessary evil. You just have to expose them to age appropriate information

Tablets can be set to age-appropriate content, and only age-appropriate information will show up on their YouTube. You cannot teach them everything, so these would help them a lot to learn a lot. My daughter learned a lot by watching shows online. When I try to explain some things, she will just say that she already knows lol

NetFlix can also have several accounts. I also do not suggest that kids should have parents' passwords and have access to adult content. There are so many things that these can expose them to. They can also download and communicate with people without your consent.

If you cannot monitor your children and their access to content, it is CHILD NEGLECT and exposing them to contents inappropriate for them is BAD PARENTING. You might not pay for it now, but you might pay for it in multiples in due time.

Joannebassey:
Technology is a necessary evil for a parent, and as a parent in this digital age, I have a love-hate relationship with technology. Sure, it's convenient to buy things online, communicate with others, entertain yourself, and even work; it can also be a real pain in the neck.

Case in point: this morning, my toddler was screaming her lungs out because I didn’t let her watch Baby Shark, as I felt I needed to reduce her screen time and engage her some other way, like with her toys for learning, but this girl wasn’t having it. It can be quite easy for parents to be sucked into always engaging their little ones with these electronic gadgets, but it's important to find a balance and incorporate the way our parents who didn’t have these gadgets engaged us with them.

I am not sure he deliberately built underneath. My guess is that someone told him it was OK...but it was so obvious these were mega powerlines in the Island, and that should have been obvious. Felt bad because he was in real estates, had a normal job, rented to people here and sold everything to build the school that was torn down.





[quote author=nairamaniac post=122706418][/quote]

These so called journalists are lucky they are not in the USA and sued. There is a difference between Freedom of Speech and Invasion of People's Privacy.

Unless the reported story is tied to a crime and not speculations, you can't be posting people's information and claim freedom of speech....maybe we should start posting their own addresses, numbers and family information as well ...and see how it feels like.

Ridiculous

dre11:
Twitter Temporarily Limits Nigerian Journalist's Access To Account After Exposing Details Of Keyamo's US Property




https://saharareporters.com/2023/04/23/twitter-temporarily-limits-nigerian-journalists-access-account-after-exposing-details


Previous Post
Festus Keyamo: How I Bought My House In The US

The recording was done on a personal phone and the message was actually meant for someone else and sent to me. It wasn't something of joy, and it was not captured on the news. I felt so so terrible

nairamaniac:
Is there a link to this true story?

I don't understand decisions some people make as well...then again someone might have approved and given green light

AmotekunSW:
Built a school under the powerline?
He should have been made to pay for the demolition and jailed on top.

LOSS LOSS Total LOSS.

True story...a guy that has worked many decades here and into real estate sold all his rental properties to buy choice land to build a massive school in Lagos....under a power line*. Buildings were torn down o...

Talk about Grace to Grass...how do you even start all over? Be careful before you put all eggs in one basket.

Mynd44:
*Says FG’s agencies reckless, culpable in building collapse

*Accuses Lagos State govt officials of collusion

*Seven-man committee to submit report in two weeks

https://www.thisdaylive.com/index.php/2023/04/23/sanwo-olu-orders-demolition-of-20-buildings-in-banana-island/

YES DADDY





[quote author=onthehill post=122699128]Labour Party's presidential candidate, Peter Obi has called on Federal Government to rescue Nigerians trapped in Sudan, IGBERETV reports.

About 4000 Nigerians are trapped as a result of fighting between forces loyal to Sudan's army chief, Abdel Fattah al-Burhan, and his deputy, Mohamed Hamdan Daglo, who commands the paramilitary Rapid Support Forces (RSF).

Taking to his Twitter handle, Obi wrote;



https://twitter.com/PeterObi/status/1650143238920044547?t=-AoToMLUMywwOuixB10Q4w&s=19[/quote]

I meant FEC and Council of States...

VULCAN:
So many daft people on this platform.

What does he mean by "agreed to"?

This shows he has never worked anywhere. Probably a teen eating mummy's food.

Also the Joker says that govs and legislators are part of FEC.

Dumbo.

FEC refers to the president, vice and his ministers.

Excluding land...my estimate

Foundation with German Flooring - N2.5m - N3m
Roofing with Aluminium with wood - N4m
Blocks and cement and other work - N3m

So you are looking at N10m for the shell...not including doors, windows, outside flooring, POPs and so on..prepare another N10m for those with painting.

So N20m unless it's a small 1/2 plot...then maybe N15m

Olarewaju89:
How much does it cost to build this house in Nigeria?

Buildings they can't carry to their graves...Vanity is ALL

Islie:
https://dailytrust.com/many-estates-in-abuja-are-proceeds-of-money-laundering-efcc-lawyer/

The same Buhari Govt Igbos hate made this happen and supported Innosom motors. We are intertwined...the success of some is based on the sacrifices of all. The Govt even fought Emirates for messing with AirPeace

AirPeace is for ONE Nigeria not Biafra





[quote author= post=122665174]Airpeace made another history as the first ever Nigerian airline to fly direct, nonstop to Israel. We commenced scheduled operations into Tel Aviv on April 20, 2023, from Lagos and Abuja.



https://m.facebook.com/story.php?story_fbid=pfbid0WYKMiVNVtMW4iPB8teCbYZ7yeeBjmNCSx1CAA1BGz7CKp21CYwbizqss7MSY9xvLl&id=100064825475285&mibextid=Nif5oz[/quote]

It's B. Has nothing to do with weight but volume. The water rises based on the volume submerged. The pin occupies more space even if C is holllow, so B has more water....Gham

chibestjerry:
60% of people will fail this!
Which of the Glass has more water?
A?
B?
C?
D?

The house will be sold one day and it will be exhumed, so burial ground makes more sense

Legitiscool:
Lol

I still prefer burying the person in house he toiled for with his sweat

I have in the past, written comprehensively on how we can solve the Agbero issues in Nigeria. Let me be the first to say that there are no singular solutions, but we can ONLY put forward templates and ideas.

- Where my ideas come from?
In choosing tertiary institutions in the Western hemisphere, there are many things that students and parents consider.
1. Are you smart? [/b]If you are a super intelligent student, you consider certain schools because you have a high chance of getting in. If not, you pick other schools....we call them safe schools. Schools like you overqualify for, and you will almost definitely get admission
[b]2. Cost - Some people get into Top schools and choose not to go there because the financial package was not the best. So not all students that got into Harvard attend Harvard. Some choose universities based on financial packages.
3. Amenities, Social Programs, Food, and so on - Surprisingly, people pick schools for many other reasons too...Football, Basketball programs, Food, Party school, Nice auditorium, Fraternity, Sorority, Proximity to home, and Legacy...My Dad went there, so I must.

In Nigeria, students pick schools randomly in most cases...because we rarely visit them or look them up on websites, pick courses, take JAMB, and then figure out how to pay for them or figure out later if its the best fit. Let me say, we start everything backward.

Solution
- Cost of Tuition: Should be pegged to Inflation. As materials and cost of living go up, tuition costs should go up. This is typical in normal countries. An average Fed University should cost about N500k per year. Top courses like Engineering and Medicine should cost N750k or more for Tier 1 Universities like UI, OAU and UNN.. Tier 2 Universities can cost N100k less per annum, so students will have options to attend other universities based on costs. Engineering and Medicine will take 25% - 30% differential in their tuitions to buy equipment annually. Their lecturers should also get paid more. Basic Salary and you can call the extra stipend - Courses of National Importance LOL

- Loans and Scholarships - About 10-20% of the tuition collected should be made available to students as Scholarships, so the very brightest of students can have the opportunity to attend high-tuition Tier 1 universities or continue their education if they are on track to finish with 1st class. Federal Loans or Bank loans backed by Federal Govt will be available to all students and tied to performance. If you are on track to drop out, you will lose your loans or will not get access to more loans. Your transcript cannot be retrieved unless loans are paid in FULL if you plan to travel abroad or further at the Grad Level. Students should, however be able to get their certificates. Exceptions can be made for students to travel overseas and pay, but I would not suggest that initially. Jobs should be encouraged to pay off student loans or factor that in salary negotiations.

- Amenities, Food, Dorms - 20-25% of the funds from the new tuition should be used to build a Library, Internet services, Portable Water and Electricity, Dorms, Workers' accommodation (subsidized housing) and Amenities that can be rented to students and maintained by the school to earn more money. Students can also work at these dorms and amenities to subsidize their funding if they qualify for work-study which should be determined in Years 3 and more...not for years 1 and 2.

The rest of the funds from the tuition should be for Salaries and salaries should be pegged to Inflation, so Tertiary instructors get paid great wages, and should never go on strive, because their wage increases are tied to inflation, so negotiations are not needed. If Inflation is above 5% annually, there should be a limit to the wages and tuition increases...and it should not exceed 5% annually.

So you might have school tuition, for example, go from N200k up to N500k for History Course.
10 - 20% of tuition will go to scholarships - N50k - N100k
20 - 25% of tuition per student will go to Amenities like Books, Internet - N100k - N125k

So the increase from N200k to N500k, about N150k - N225k will still go to scholarships and amenities, subsidized housing and so on for Staffs
The extra of about N75k to N150k increase in tuition will go into Increase salaries, so lecturers can earn as much as N500k - N1m and less if they are living in Staff accommodation, which will be deducted from tuition.

Based on their salary scale and length of services, they will have access to housing and car loans, further stimulating other parts of the Economy.

F[b]or Medicine and Science/Engineering[/b], they are paying N250k extra, 30% - 50% of these can be used to buy equipment for training to meet international standards by departments. Of course, some of the equipment will be worth more than N125k per student per year, but loans can be acquired from banks to equip or payment plans with the contractors supplying them, and these funds can then be paid over time.

BIG Question - What if enrollment drops? Well Tertiary institutions will be under pressure to recruit students. If enrollment drop is not sustainable like in the Western World, the school might be bailed out if it serves special interests or closed down. Schools can also push for funding from NGOs, alumni and well-meaning Nigerians, but the goal is for them to be independent moving forward and for our standard of education to rise.

Feel free to leave your comment, additions and contributions. We are all for a better Nigeria...and with this template...NLC, Student unions, and so on can all be on board.

By MasterTeeUSA