₦airaland Forum

onuman:
But Naira will eventually hit N1000=$1.
In 2015, Muhammadu Buhari promised that if he was made president of Nigeria, he would make N1=$1.
Islamists of Nigeria voted Buhari president. The same Islamists would have voted for president Buhari if he went for 3rd term. But because Buhari placed Hashim Shettima to succeed him by using old and frail Tinubu as cover president, the same Islamists voted APC.
Rest of Nigeria's voters rejected APC on 25th February presidential election, but the Islamists led by the INEC Chairman STOLE the presidential election.

That one too was a fake news from unscrupulous elements amongst us.

Show us where he promised to make $1=N1. Real proof o. No be all this online blogs. Video of where he said or official memo he released to this effect.

Tam David West granted one interview then about how Buhari would perform but he didn’t even mention that $1 will equal N1.

You people easily believe in whatever you read online and it’s making you heartbroken when things don’t turn out the way you have expected it.

Badb0y4lyf:
But this a Bloomberg report about CBN likely to devalue naira after election as at 2022 on same nairaland.
https://www.nairaland.com/7437310/cbn-may-devalue-naira-steeply

Likely.

It’s just a guess. Only from analyst’s point of view.

More so, Bloomberg is not our CBN. Don’t just take whatever you hear or read as truth 100%.

Then CBN should sue the newspaper.

We are not strict at all in our country. That’s why lots of offenders go unpunished.

Who dash am office? She belongs to za oza room.

Wodu89:
The bigger enemy isn't subsidy , but lack of management and control of subsidy payments because of infalted invoices.

The citizenry looses alot with the removal of subsidy payments because in this clime, salaries do not increase readily, meaning purchasing power becomes more and more difficult with this economic overhaul.

Maintaining the subsidy is to the benefit of the average citizen. It's managing the invoicing system that's the problem. We can have metered and regulated suslbsidy payment in place with FG placing caps on subsidy payment and then hedging the excesses against Government backed bonds, so short term economic traction is cushioned by long-term macrofinances of the court ey.

If invoicing and lack of accountability is the issue with feul subsidy, then why don't we grant licensing that pays subsidy payments based on metered importation allowance?


When would Nigeria let thinking people lead ? When !


The same 2012 problem is repeating itself. Sensationalism. Assuming that the subsidy only implies people stealing,.forgetting or not even considering it's benefits.


The average minimum wage of a worker can't mean anything in a post subsidized feul economy.


Increase in food prices, Housing, transportation, lifestyle all at once without corresponding rise in salary payments is nothing short of a disaster. Be it Peter Obi, Tinubu, Atiku subsidy removal must be planned and strategized before actualized


In the end, the bigger enemy is the Hausa Fulani hegemony who setup cabals in all state instructions to run them down so private ones are setup to mop up the national treasury. Nigerian refineries and Dangote is typical

If Hausa and Fulani allowed our refineries worked like NLNG, we wouldn't be talking subsidy removal or Dangote


The focus must be maintained. For Nigeria to work, Hausa Fulani hegemony has to die

Give it a few months. Everything will adjust commensurately.
Nobody will force anybody to adjust prices of things. Salaries would be adjusted at both private and public institutions.

Racoon:
Same way when the past regime of President Goodluck Jonathan wanted to remove and rid Nigeria of this economic monster 13 years ago, but all you demons in the APC vehemently opposed him only to perpetuate the same fraudulent fuel subsidy then lied of removing it again and again. God punish you. Bunch of fucktards and retards.

Jonah just paid lip service. He didn’t have the balls to remove it. Why didn’t he go ahead when he was opposed, if he was really serious?
Jonah still dey alive. He should oppose the current government now on subsidy and let’s see if APC will listen.

When Buhari was ready, he didn’t budget for it. Why did Jonah keep budgeting for subsidy and paying for it till he left, if he was serious?

In politics, you should know that for whatever you do or want to do, your opposition will rise against it.
It is left for you to stand your ground if you are now serious.
Not even Obj was serious. Assuming from Obj till Buhari era, they have been removing 4% of the subsidy per annum, what would have remained by now won’t be up to 30% of it.

They were all benefiting from it.

Save the pix and come back in 4 years’ time. Things go don change.

All those ègin (Ondo) natural marks for im face (cheeks) go don disappear.

Make he sha do well for his people na im me I know o.

Make e no dey build mediocre facilities and be calling it world-class o.

Felabrity:
This is why every governor should not spend more than 4 years in office

His predecessor obviously ran out of ideas

Did Ortom (abi Winter) even has any ideas 💡? The man is a No.1 dullard. It’s our faulty political system that allowed him rule, in the first instance.

This is what we want.

Please help Benue to improve on her farming systems. Please go to the Netherlands and bring in people, material, and equipment to help revolutionize farming and animal husbandry in Benue State.

Then look for one independent power project like half of that of Dangote refinery for the state.

Please work on road too. Solid roads. Not all this yeye rubble they pour and they call it asphalt. With good and meaningful signage.

Enforce environmental sanitation and have better sewage management system across the state.

Come beef up security of the state. That’s when indigenes can enjoy their government and agro-processing companies can come.

Na now e go know say na work Tinubu been dey do for crisscrossing Nigeria all these years dey build gada.
Obi beyyer goan buy private jet 😁😁. After mastering all the koro wey dey Nigeria, e go need go Niger 🇳🇪 Republic small. And Cameroon 🇨🇲 and Sudan 🇸🇩 Then we can take him serious. He would have been 85 years by then to come back and contest for presidency.

taylor88:
Shebi una see wetin una Tinubu don cause

Olosho wey I dey carry 20k per night as at last week Friday

I call babe now she dey tell me 28k bcuz TFare inclusive

Since APC begin run all arms of Government una see me complain or protest?

Why will they touch my department of joy?

Come be like say TOTO dey use fuel i no come understand again

😁😁😆😆😆

inoki247:
So one day the Govt must be bold enough to remove the thing and deal with any filling station that try to take advantage of people....


Go to Neighboring countries they're not selling dere own fuel they all prefer to snuggle from Nigeria and sell to people inside Keg....

And na still our people they steal or buy the fuel carry am cross border go sell ...



Any filling station that hoard fuel should be dealt with the indiscipline is just too much other Africa countries will start something and you will never see any crisis or them wanting to rip themselves....

Make soldiers go out tomorrow go flog dem filling station attendants wey dey sell for high price with koboko.

Flangelo12:
He did a great job in Benue state.

Which kain great job? Great job punis.h you there.

Eye sore. The kind of contractors you attract to road construction determines how such road would be.

My adopted state, una no try at all. In 2023.

Ti Nigeria ti baje. Poverty has refused to leave the country.

seunmsg:
Oloyede should be appointed as the next education minister.

And still oversee JAMB and WAEC 😁😁

Fujiyama:
^^^
Is water 'generation' on the Exclusive List or Concurrent List?

Concurrent. State can do, federal can do. That’s why you have various state water boards.

Water that indigenes have not seen to drink and bath. That’s what one is wasting away, all in the name of beautification.

Anyways, let’s wait for 6 months and see if the fountain would still be functioning.

Misplaced priority.

State governors have left water generation for FG, which is, in itself, in comatose.

Everybody now sinks boreholes closer to their septic tanks. No wonder typhoid and other communicable diseases are common.

In the past, we used to have national water projects being handled by companies like Costain etc.

States impoverish its people through stealing of funds and carrying out wishy-washy projects - all in the name of infrastructure.

holybabayo:
People dey sleep with babies, you na mamas you dey sleep with and you no get shame.

Yes. Just to tell you I be your grand papa age mate.

When a small boy tries to ridicule an elder, na im mama elder dey fvck.

morikee:
Wow i love snow by God Grace i shall experience it in my life

E easy nah. Go to fish cold room 😁😁

holybabayo:
Dem no steal. Dem no beg. Dem dey hustle. That's good enough. Youŕ state is better ba. Glory to God

With this your name, maybe you are not a Nigerian and have never been here. Perhaps you are using your country standards to speak. I no blame you then. But if you are a Nigerian and have lived here and driven here and you still say this nonsense, God go punish you

Na your Akwaibom mamas dem wey dey com help me wash and cook I dey k.nack freely here. Dem puzzz.y sweet baje.

holybabayo:
Hmmm. Bad bele. May your eyes never see good things, since you only like to see bad things.
Please go and fix your life with who offend you.

This is good thing? See local boy. My eyes are seeing best things where I am. And I am doing best things.

E go clear for your eyes one day and you go know say your brain has been enslaved and na prison your state of mind dey.

Dey wait. Just dey wait o.
All these Akwaibom houseboys wey dey live for BQ dey borrow data from MTN and Glo.

Madam, come Nigeria come defend yourself. We wan check something.

This one beautiful road? The one wey be like catapult or woman’s G-strings pant? Shooting area pix of a road with a drone doesn’t make such road a beautiful one. Or having a road within a green area doesn’t make it a good one.

One can tell from the pix, the quality of that road. Not thick, not well compacted. Not strong. Not clean. No binder to make it solid and not break. No design precision.
Give the road 2 raining seasons and you go know how far.

Spit. Na who get coyor green? Too old way of designing and building schools. We are so backward in Nigeria. Poverty has beclouded our government that they have signed a life contract with inferior things.

Yuck. This one a befitting edifice? In 2023? This one wey be like a lone jungle model designed by a primary 6 JET club student in the olden days?

People leading us, and those working with them, are so crude and clueless and vision less, so local, so primitive, so archaic, so myopic in thinking that they can’t design and build simple but modern and functioning public properties and infrastructure.

All those Togo 🇹🇬 and Benin 🇧🇯 Republic bricklayers and tilers can build better than our graduate civil engineers and Grade 14 and 16 engineers who litter our ministries.

manolates:
More pics

Chai. See ripen long pawpaw brezz.

sonature1:
Akwa Ibom State is building world-class Infrastructural projects! This is oil money talking! Udom Emmanuel has got taste!

Stop it! This is a local govt-class facility. Ok? Not even state-class.

Let’s stop f00ling around.

linearity:
PMS traders don’t go to the aboki on the street to exchange their dollars, it is that same CBN that give then dollars at the official rate, how would this help the common man? Or are you saying CBN or commercial bank will start selling dollars at the official rate to all Tom, Dick & Harry?

Nigeria external debt profile is the major contributor of the hike in dollar, by next year the amount to service Nigeria debt with current projections would be equal to revenue generated.

Because of our debts and unsustainable economic projects, businesses and people are afraid to store their values and wealth in Naira, because they can lose significant value overnight.

Dangote is not a fool, he is not going to be storing his values and wealth in Naira either.

Look to how Dangote have ran Dangote Cement that have impoverished Nigerians for clues on how he will run his refinery. His goal is not to do charity work in Nigeria, it is to make money.

But the dollars that CBN/FGN used to give to fuel importers at ‘official rate’ as you have said will no longer be given to them at all.

Any revenue from sale of crude oil, in foreign currencies, by our FGN will now be for their own use.

We don’t even want to know what Dangote will do with whatever money he could make from the sale of his refined oil. What we are interested in is the saving the FGN will make on money being spent on fuel importation. And this is the point a lot of people are missing which makes them thinking people are looking up to Dangote to sell at cheaper prices.

So that banks can sell at higher rates to Abokis and Abokis can sell at highest rates to us.

Ee nii s’ori’re.

Gppgn:
Tinubu won't be sworn in

N40m fine to you for that frivolous statement.

To be paid to all Nairalanders.

Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

I expect Fred Ajudua from you Ibuzo (Ibusa/Ibisa) village to be one of the NEDs too.l so that you can have more to say.

Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

Do you know what they call NEDs? If you don’t know it, ask people who know it.

NEDs don’t have shimgbai investments in any company where they act as NEDs.