Odidigboigbo: How does all these change the facts that the economy has been battered? Can a market woman that uses just 2k to prepare a pot of soup before now understand your story? As far as the reform has not impacted the life of a common man positively,he has done nothing.No one reward effort but results
We will go on a merry go round with your argument. I captured several reforms and asked you what reform you will carry on that will yield result in less than 2 years, yet you’ve been quiet.
The economic frustration started with Buhari and current pains are results of critical but needed reforms. I earlier had mentioned that the inflation is gradually slowing down, you are yet to counter this.
Again, as a president, what reform will you take on that will crash dollar to 1 naira in less than two years?
Odidigboigbo: In real life, no one cares about "effort" but results. As far as the "reform" has no positive effect in the life of the citizenry, he has done nothing.
While I appreciate your concern, I’d address same.
First, results are not always immediately seen for certain reforms.
Secondly, for reforms as local government autonomy, the best Federal Government can do is what it has just done, “pay money direct to them.” What else would you advise the Federal Government do?
Certain reforms are yielding. Power for instance has improved tremendously in my area. 12-6am and 3-7pm. Sometimes it’s 11am to 6pm. Revenues have shored up and more money is paid to State as per allocation.
Reforms on VAT is being fought against, but the government is stamping its foot. Buhari’s government will never do that level of restructuring.
My question to you is, what major reform you think you’d do that will yield result in less than 2 years?
In another post, some persons questioned the admission by an Obidient that Tinubu is doing well and I wondered why we operate on extremes. If Obi does well, commend him. If Tinubu does well, commend him and if he fails, criticize him. I have always been critical of APC as Buhari left us a sour taste. I even believe APC rigged the last elections, but you cannot but commend Tinubu’s reforms. I swear you can’t.
From A.G’s pronouncement on Local Government to tax reforms, power reforms, Ports coming alive (Onne Port) etc. You see a clear departure from Buhari’s style. He is more involved, show better understanding of economic dynamics atleast from his last media chat. He also has shown he is more of a liberal, he no carry religion for head like Buhari.
While I have reservations on his approach to removing subsidy, I’ll be lying if I say the inflation hasn’t slowed down with the economy showing signs of recovering.
Buhari been mess this country and I hated APC for it. APC faithfuls should be humble enough to admit we wasted 8 years. They also should be able to apologize for campaigning against Jonathan’s plan to remove subsidy.
gohf: Here are some of the words shared in the new testament concerning suffering
Let's also rejoice in our sufferings, because we know that suffering produces endurance; and endurance, character; and character, hope. (Paul; Romans 5:3-4)
It is an opportunity to rejoice when trouble and trials come your way, for the testing of your faith produces endurance, and when you have suffered long you will develop strong character, becoming mature perfect and complete ready for anything. (James; James 1:2-4)
Look humble yourselves under God's mighty hand and He will lift you up at the right time, stop being anxious for what you want and cast your cares upon Him for He cares for you. Better be careful at this point in your life because your enemy the devil is looking for whom to devour, so resist him by standing firm in faith, with knowledge that you are not alone, knowing that all over the whole your brothers and sisters in Christ are suffering as well. And knowing that this suffering won't last forever, let's have this hope, for the God of all grace who called us to His eternal glory through Christ Jesus will restore, strengthen and perfect us after we have suffered a while. (Peter; 1 Peter 5:6-10)
Blessed and happy are the humble who are patient for they shall inherit the earth. Blessed are those who suffer persecution because of righteousness for theirs is the kingdom of God, happy you should be when you are insulted, mocked and accused because you are my followers, rejoice and be glad for great will be your reward in heaven. (Jesus; Matthew 5:3-12)
What are you suffering for the sake of Christ rejoice because (Rom.8.18) *For I consider that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.*
1Pet.4.15 But let none of you suffer as a murderer, a thief, an evildoer, or as a busybody in other people's matters. (NKJV)
1Pet.4.16 If anyone suffers as a Christian, let him not be ashamed, but let him glorify God in this matter.
Jesus speaking about new convert Saul, Acts.9.16 - For I will show him how many things he must suffer for My name's sake."
1Pet.4.15 But let none of you suffer as a murderer, a thief, an evildoer, or as a busybody in other people's matters.
Dear friends, do not be surprised at the painful trial you are suffering, as though something strange were happening to you. But rejoice that you participate in the sufferings of Christ, so that you may be overjoyed when his glory is revealed. If you are insulted because of the name of Christ, you are blessed, for the Spirit of glory and of God rests on you. (1 Peter 4:12-14)
Why are some believers so much against suffering? Why do some see others who suffer as sinners, like Job's friends did to him?
Forgetting 1Cor.12.26 - And if one member suffers, all the members suffer with it; or if one member is honored, all the members rejoice with it.
Why do some who claim to follow Jesus who suffered say because he suffered we are not meant to suffer?
Phil.1.29 For to you it has been granted on behalf of Christ, not only to believe in Him, but also to suffer for His sake,...
1Pet.4.1 So then, since Christ suffered physical pain, you must arm yourselves with the same attitude he had, and be ready to suffer, too. For if you are willing to suffer for Christ, you have decided to stop sinning. (Heb.12.4 In your struggle against sin, you have not yet resisted to the point of shedding your blood.)
If love suffers, why do some say they love but can't suffer for another, is their love cold or real? 1Cor.13.4 Love suffers long and is kind; love does not envy; love does not parade itself, is not puffed up;
2Cor.1.7 And our hope for you is steadfast, because we know that as you are partakers of the sufferings, so also you will partake of the consolation.
even the fruit of the Holy Spirit you are to bear as believers includes long suffering Gal.5.22 But the fruit of the Spirit is love, joy, peace, longsuffering, kindness, goodness, faithfulness,...
Prayer Point Today Father your mighty hand upon my life will make me and not break me. Today I come before you to say thank you, for your training and the treasures that await me at the end.
God bless you for this sir. It’s been enriching, refreshing and encouraging.
omooba969: You would have made sense if you answered my question. You probably have comprehension issues, and I can see how you tried to deflect from the 'African validity' shït you were yapping about.
@boxypane, I will help you here. Obama for one got the support of Kenyans and still do till tomorrow. It’s a relationship founded on mutual respect. Obama never disparaged his home country. You can argue all you want how much influence Kenyans had over his winning, but will never deny their support for him.
Not too long ago, Adetshina Chidinma was embarrassingly disqualified from the South African pageantry for no fault of hers. She had hitherto not identified with Nigeria or Nigerians, but Nigerians came through for her, gave her support and today she’s 1 foot less being Miss Universe.
I don’t support APC, my records are here online. However, it saddens me seeing Aunty Kemi disrespect the country. She can make her point without ridiculing Nigeria. You don’t love Nigeria, that’s fair, but calling for policies to suffocate persons seeking out same opportunity in the UK like you did, is pure hypocrisy.
MadPolitician: The increase in tariffs at the ports was a well thought out idea to kill off imports. On the surface, it looks like the government was operating with an altruistic mindset to stimulate local production. But when you take into consideration, the fact that there has been practically no new inventive policy to cause anything close to a "production revolution" in Nigeria by Tinubu and his gang over the last two years, it starts to dawn on you that the mafia in power, has a totally different agenda. Or maybe totally bereft of ideas.
You dont orchestrate local production by just closing boundaries and quadrupling import tariffs on essential basics. You do so by creating solid industrial banks, with warehoused funds to lend to serious entrepreneurs at reasonable interest rates, improving power, identifying productive areas where businesses in the country can have competitive advantages vis a vis foreign competitors, training the youths in different skills acquisition projects to help produce quality products that are good enough for the international markets.
We are not yet doing any of those. Even the local car manufacturing facilities, are left on their own as they fight with banks for their money. Most of the parts they use for production, are imported and these imports go through the new high imports tariff regime, thereby effecting the price of the final products locally. In essence, Tinubu is now earning less at the ports from car imports, because by hiking import tariffs, he has chased away the real importers, yet can not earn anything as taxes from any new companies springing up, because his total economic strategy is chasing away businesses, rather than helping them.
Ignore DevilsEqual. Even Helinues in recent times has been wary of defending the government, denying same is akin to an ostrich burying its head in sand.
sulaak: Continue living in denial. In 2012, when Nigerians were protesting against GEJ's removal of subsidies, you all didn't know that the leaders you were supporting would end up like this.
Iweala and Sanusi all argue for removing fuel subsidies to free up funds to invest in refineries and electricity power plants. Instead, you all support the crooks who lied to you that subsidies is good.
How can a country of 220 million people have only 4000mw electricity?
PMS will be N1600, and Nigeria must walk, cycle, or shut up. There is no money to fund subsidies anymore; the country owes $120 billion and generates less than $30 billion.
Subsidy Is Organised Crime, I Cannot Allow It To Go A Day Longer - Peter Obi
Are you okay or you are trying to be clever by half? Who are the persons that protested against subsidy removal? Please do not tell me Tinubu was the ring leader.
Since you choose to be stupid, I’ll indulge you. Since Tinubu feels Nigeria is too broke to fund subsidy, why is he running an expensive government lacking in spending priorities? Who buys a presidential yatch in the middle of austerity when even his ardent supporters are decrying reduced purchasing power?
Finally, you are yet to respond to the questions I asked in my earlier quote. If you are intelligent enough, you’d first have attended to each point as a decent co-debator will, not running blackmailing us with “Nigeria must walk.” Who has said Nigeria shouldn’t? Won’t it benefit all of us if Nigeria works?
sulaak: In the 1970s, India and China rode bicycles to work and school until their economies developed, while Nigerians imported Toyotas and Datsun. The honeymoon is over; there is no cheap oil to share.
You guys will say anything to defend trash. Nothing in the write up indicates economic downtime caused the bicycle riding. First, consider the road in the picture you posted, next see how organized the metro is. Can same be said of Nigeria in 2024?
What about insecurity? Were the Chinese in that photo at the risk of getting kidnapped?
If Nigeria’s sole problem is high petrol cost, I doubt many will complain. As we speak, there’s food inflation, no power, insecurity, corruption, etc.
Finally, did the Chinese government in 1974 spend on frivolities as hajj, private jet and hatch?
sreamsense: You keep deceiving yourself and wasting your precious time like you wasted writing lenghty epistle that ended up in futility during election. Do you think if Tinubu is out today, it will ever reach Obi? Honestly, you need farm work so you can get too busy from every hourly post about Tinubu because at the end of the day I don't know how many hours left you have for yourself.
Who cares if power is handed to a donkey upon Tinubu’s exit. Nigerians just want to live and not exist. If a ram can ensure steady power, restructured economy and polity, then it’s welcome.
Tzar: Useless NLC! Then tell your members who are the CIVIL SERVANTS stealing all the money meant to fix the government refineries to stop stealing the money and get the refineries working! With the refineries working, the price of gas can be brought down.
Government lacks the political will to end the stealing. Simple, make stealing, corruption a capital offense with death penalty attached and see same abate. You know why government won’t do that? Your guess is as good as mine.
enemyofprogress: forget it. Your brother is gone for good. Nothing for you and him in Nigeria again. If you like write epistle to reply me from now till 2027, Jonathan e don go
You’re just an illiterate, no point engaging you. Shalom!
Indeed, the reasoning faculty of APC members is shallow, else you’d have put up a counter-argument or position, not throwing around, “e pain am.” After decrying Jonathan’s government being corrupt, you were called out on it, only for you to chicken out like a dummy. See how silly you sound before your kids.
Engage in debates as a Sanwolu, Adeshina, Fashola or Elumelu; not as Kabaka, Tinubu or Agbakomiza next time.
For the records, Jonathan is gone and he isn’t begging to come back, neither are we. We only seek intelligent persons like the first above mentioned names to take over the reins of Nigeria.
tito44: Thunder scatter you there. APC Clowñs like you always blaming every other person other than your useless and nepotistic leaders at the helms of affair.
Did Tzar, the guy you quoted complain about Nigerians love for foreign made goods? Please help remind him the government that purchased Toyota SUVs for members of the National Assembly in billions of Naira, when Innoson is there. Ask him to tell the the government that chose to purchase a private jet even when there is in reserve at least 4 functioning private jets. Tzar, please answer these questions devoid of insults and as a fine gentleman.
Tzar: Nigerian are so clownish. So if the government is being called out for paying subsidy and they decided to truly stop paying the subsidy, WHO DO YOU NIGERIANS THINK WILL PAY THE DIFFERENCE BTW THE LANDING COST AND PREVIOUS PUMP PRICE?! Spoiler alert- PRICE WILL STILL GO HIGHER, so brace up! Unless y’all start getting productive and stop being a CONSUMER nation. Call out your CIVIL SERVANTS, religious leaders, governors, local govt heads & evil profiteering citizens just like you do for the FG & stop always looking for easy scapegoats. Or y’all think the God you always try to bribe with tithes and shout at recklessly will miraculously keep the prices low?! When your lazy asses keep the USD exchange high with your huge & greedy taste for foreign goods, you are not exporting anything, refuse to farm or produce locally and deliberately form groups to keep prices high. Somebody will have to pay for the wickedness and laziness of Nigerians & that person is not a foreigner!
In 2012, the government you don’t want called out, called out Goodluck Jonathan for attempting subsidy removal. They had claimed there was nothing called subsidy.
Who really is the clown here? No insults, just address the concerns as a critical thinker.
grandstar: There's no other option than to free the price of petrol, just has been done to AGO and dual purpose kerosene.
The alternative is worse. The government will just keep borrowing to provide the subsidy with its significant but not but not so obvious cost to the economy.
These are the 2 biggest disadvantages of the subsidy:
1. It compels the government to borrow humongous amounts of money for what is a recurrent expenditure, one that will yield it any money to repay.
This borrowing leads indirectly to inflation and to the heavy depreciation of the Naira. The Naira value would be around $1- 500 and not the 1,580 it stands at today.
2. It discourages private investment in oil refining. How?
Many Nigerian have argued that before the FG removes the subsidy, it should either build or refurbish its old refineries. Afterwards, it can remove the subsidy.
Why do many hold this belief? They believe that if the refining is done locally, the end products would be so cheap that there'll be no need of a subsidy.
This view is simply bunkum as proven by the Dangote refinery. Local refining won't make cows fly.
As it is, the price of a litre of crude oil is N720. Refining cost hasn't been included. How then will he sell and make a profit?
If you want investors to build refineries, the price must first be freed. This will provide a market signal to investors to build refineries.
Despite petrol having the highest consumption in Nigeria, Dangote is yet to produce a single drop because the subsidy makes it unprofitable.
Let’s engage intelligently. When you own a cocoa plantation, do you sell to yourself cocoa? International oil prices may be above N700, yet it is not compulsory Nigeria for benefit of its local market and economy, must sell at first mentioned amount.
We must afford local solutions to local problems. A quota of sellable crude must be allocated to local refiners for an amount below N500, to ensure overall price remain low. This becomes a national emergency when you consider “fuel” engineers our economy, from industry to transport.
enemyofprogress: with people looting with reckless abundance under his nose. Abeg shift. I would rather vote for his wife than vote for him.
“Abeg shift?” I see you are rude, reckless yet ignorant, but I’ll indulge you. Sirika, former minister of aviation fraudulently floated a Nigerian Air that never was in billions of Naira, yet you never named him corrupt, Buhari’s administration expended money on a purported school feeding programme for children who were home during the Covid-19 saga, yet you kept your uncouth lips sealed. Better Edu under Tinubu was indicted for financial crime, again your rude self never asked her to “shift abeg.”
Some of you really take out your brains when you join APC.
You decry Jonathan’s government where a minimum wage taker could afford bag of rice to Tinubu’s where a rich man can’t even afford transport to work. You need your head checked.
enemyofprogress: Your man is too weak to rule Nigeria. Even his wife knows it. Truth hurts!
Yet Nigerians enjoyed a better standard of living under the weakling than under your “last iron bender.” Your wife who buys from the Nigerian market can better tell you the cost of food items pre-2015 and post-2015.
casualobserver: We don’t really care if you vote for Tinubu. Nobody coming after him will reintroduce fuel subsidies or unfloat the Naira because they know it is for the good of the country.
These are 2 of the 3 things that have stunted our growth for decades. The 3rd is resource control and fiscal autonomy. I hope he is able to acheive that.
Like it or not Tinubu has done Nigeria a great favour but people with low IQ and understanding will not understand.
The job of a good leader is not to make you like him but to do what is right for the country and to make sure his reforms are permanent. This Tinubu has already done. If he leaves office tommorow morning, when his Tory is written in 10-20yrs time historians will point to the removal of subsidy and floating of the exchange rate as the point Nigerias fortunes changed for the better.
Even when NNPCL came clean to say subsidy is still being paid, you’ve decided to live in self denial? Congrats!
Ance4Liverpool: Amen ooo and he will hand over to shetima so that peter obi can suffer very well. Pls how much is fuel in ur area ?
Are you by chance insinuating Tinubu is a terrible choice and Shettima worse off?
Nigerians are truly in. Believe me na money make you still see your neighbor for compound, everybody for your street for jakpa leave you with Tinubu and Shettima.
He buys fuel 165 Naira per litre with his APC card.
deji17: Don't make the mistake to think I owe you any answer. That being said, if you don't understand what I wrote, that is fine too. Have a nice life.
You never gave an answer to his questions in the first place. You instead went on a wild goose chase telling us Nigerians and Nigeria is undergoing a phase. This rhetoric has been used the last 9years. then would post a picture of Buhari washing the Nigerian flag. 9 years down the line, you still telling us we undergoing a phase? What happened to picking low hanging fruits such as cutting cost? Pray tell me one step the Tinubu administration has taken in these days of austerity that can encourage citizens to make the necessary sacrifice.
No be every nonsense una must support. What is FG’s explanation to insisting only NNPCL can purchase Dangote fuel in a free economy? You see why it is difficult defending rubbish?