Membranus's Posts
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Saao:USA is a technologically rich wealthy country, which is well structured against criminal leadership. While Nigeria is a struggling and poor 3rd world country, barely managing to survive due to an inept and highly corrupt leadership, of which she and her husband are major culprits. So her belated condemnation of the system is pure hypocrisy. |
After she, her husband and her children had looted my Ondo State dry, therefore benefitting highly from the "zoo" resources. The Igb0 mentality finally resurfaced in her. She has quickly forgotten that her husband also was a prime member of the elite people who participated in her alleged crooked elections in Nigeria. |
Kobojunkie:Nigerians are not spending dollars, so stop denigrating our currency by quoting it in a foreign currency. Also there are many poor students too in America depending on student loans. |
masterfactor:Fake news. Tell that to the numerous Igbos in Kafachan, or Kano, or Kaduna, or Benin, Ibadan and Lagos with their established big businesses and houses, they will tell you the SE is Nigerian and is going nowhere. |
MrDoGood:The grand coastal road being built, with the railways in the middle of it, is that not infrastructural development? Is that money being stolen? |
Shame to the naysayers. Nigeria is moving on to greatness despite their evil prophecies. |
Why Waziri Atiku Abubakar Should Cut President Bola Tinubu Some Slack Yesterday, Waziri Atiku Abubakar, in a critique of President Bola Ahmed Tinubu's leadership, made several statements that perhaps were not an accurate reflection of the situation we now find ourselves in as a country. Firstly, I supported, campaigned for and believed in the candidacy of Waziri Atiku Abubakar. However, the election was not stolen from him or the Nigerian public by either the Independent National Electoral Commission or the All Progressives Congress. It would have been hard for us in the Peoples Democratic Party to win the 2023 Presidential election. And the reasons for my assertion are logical. If, as a united political party, the PDP could not defeat the APC and President Muhammadu Buhari in 2019 despite our best efforts, how could we have vanquished them in 2023 when we were disunited? We had 11,262,978 votes in 2019. By 2022, Peter Obi had left us with the 1,693,485 votes we got in the Southeast. Then the G-5 Governors, namely, Nyesom Wike (Rivers state), Seyi Makinde (Oyo state), Samuel Ortom (Benue state), Okezie Ikpeazu (Abia state) and Ifeanyi Ugwuanyi (Enugu State), departed and ended whatever hopes we had of getting at least 25% of the votes cast in their states. Then we lost the other strongman of Kano politics (Senator Rabiu Musa Kwankwaso) with his two million votes. And the second strongman, then Governor Ganduje, was with Tinubu. So, while Tinubu was adding, we were subtracting. If you minus the Southeast votes, Kano votes, and Oyo, Benue and Rivers, you will see that it roughly equals the 6,984,520 votes polled by Waziri Atiku Abubakar in 2023. We in the PDP were not rigged out, nor was the election stolen from us. Rather, we were defeated by the disunity in our party. It was for the same reason we lost the 2015 election when the PDP split into PDP and n-PDP, with the n-PDP and its four Governors eventually merging with the APC along with Kwankwaso. 2023 was just a replay of 2015. History did not repeat itself. We rather repeated history. On the economic front, I supported Waziri Atiku Abubakar because he promised to do three cardinal things to redirect Nigeria's economy in the right direction. These are: Fuel subsidy removal Floating the Naira, and Devolution of power President Bola Tinubu is now doing all three of these. We in the PDP should be pleased. Let me address some alternative policies that Waziri Atiku Abubakar proposed. Waziri Abubakar said he would have taken a gradual approach and would not have been as drastic as President Tinubu had been. Given the reality of what the Tinubu administration inherited from the Buhari regime, I do not know if that would have been possible. Have we forgotten so soon that the Buhari administration illegally borrowed ₦50 trillion through ways and means and depleted our foreign reserves, leaving behind more debt than all past governments combined? The Buhari regime claimed they left a foreign reserve of $37.08 billion, only for JP Morgan, our reserve bankers, to publish a letter stating that they lied and our reserves were actually just $3.7 billion. The fallout of this is that Buhari's Governor of the Central Bank of Nigeria panicked and was arrested as he tried to flee Nigeria. Faced with these realities, how would any responsible government have carried on spending $1 billion monthly on fuel subsidy and another $1.5 billion monthly defending the Naira and a further $300 million monthly subsidising electricity while servicing a total debt of almost $100 billion racked up by the previous administration with 92% of our revenue as at the end of Buhari's tenure? Please fact-check me. This is even as the Buhari government had sold future contracts for Nigeria's crude oil, meaning that almost nothing was coming into the treasury for the first six months of the Tinubu administration. Let us be realistic. On February 26, 2024, Waziri Atiku Abubakar said President Bola Tinubu should learn from the Argentine President, Javier Milei, and implement his reforms like Milei handled his. Waziri had said: "Both leaders inherited a disoriented economy, but both applied different measures for recovery. President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria’s. But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.” Interestingly, on Friday, September 27, 2024, the world's preeminent financial and economic medium, The Financial Times, in a headline 'Argentina’s poverty rate soars above 50% under Javier Milei' revealed that rather than praise, the Argentine leader is receiving knocks, as his reforms are not achieving the desired results. Poverty in Argentina is at its worst rate ever at 57%, and, according to FT, "136,000 jobs have been wiped out since Milei took office." Additionally, according to the International Monetary Fund, Argentina is now officially in recession as its economy has contracted by 3.5% in the last quarter and inflation hit a world record of 236.7%. In contrast, Nigeria under Tinubu has experienced two quarters of unprecedented trade surpluses, and at the end of August 2024 had a record breaking ₦14.6 trillion trade surplus and a GDP growth of almost 3%, as Nigeria now exports more than she imports. Inflation had been tamed and minimum wage has been increased. Next month, for the first time since Major General Aguiyi-Ironsi abrogated true federalism with his Unification of Assets Decree Number 34 on May 24, 1966, Local Governments will receive their funding directly due to the Tinubu administration's judicial victory at the Supreme Court on Thursday, July 11, 2024, granting autonomy to local governments. Our foreign reserves hit a record of $40.2 billion because we no longer indulge in the politically popular but economically unreasonable act of defending the Naira with $1.5 billion each month. Now, imagine if President Tinubu had taken that February 26, 2024 advice from Waziri Atiku Abubakar to copy what Milei did, where would Nigeria be? That alone shows that President Tinubu's judgment is much better than Waziri Atiku Abubakar is giving him credit for, and it should be Javier Milei who ought to learn from Nigeria's Tinubu, not vice versa! Reno Omokri |
Why Waziri Atiku Abubakar Should Cut President Bola Tinubu Some Slack Yesterday, Waziri Atiku Abubakar, in a critique of President Bola Ahmed Tinubu's leadership, made several statements that perhaps were not an accurate reflection of the situation we now find ourselves in as a country. Firstly, I supported, campaigned for and believed in the candidacy of Waziri Atiku Abubakar. However, the election was not stolen from him or the Nigerian public by either the Independent National Electoral Commission or the All Progressives Congress. It would have been hard for us in the Peoples Democratic Party to win the 2023 Presidential election. And the reasons for my assertion are logical. If, as a united political party, the PDP could not defeat the APC and President Muhammadu Buhari in 2019 despite our best efforts, how could we have vanquished them in 2023 when we were disunited? We had 11,262,978 votes in 2019. By 2022, Peter Obi had left us with the 1,693,485 votes we got in the Southeast. Then the G-5 Governors, namely, Nyesom Wike (Rivers state), Seyi Makinde (Oyo state), Samuel Ortom (Benue state), Okezie Ikpeazu (Abia state) and Ifeanyi Ugwuanyi (Enugu State), departed and ended whatever hopes we had of getting at least 25% of the votes cast in their states. Then we lost the other strongman of Kano politics (Senator Rabiu Musa Kwankwaso) with his two million votes. And the second strongman, then Governor Ganduje, was with Tinubu. So, while Tinubu was adding, we were subtracting. If you minus the Southeast votes, Kano votes, and Oyo, Benue and Rivers, you will see that it roughly equals the 6,984,520 votes polled by Waziri Atiku Abubakar in 2023. We in the PDP were not rigged out, nor was the election stolen from us. Rather, we were defeated by the disunity in our party. It was for the same reason we lost the 2015 election when the PDP split into PDP and n-PDP, with the n-PDP and its four Governors eventually merging with the APC along with Kwankwaso. 2023 was just a replay of 2015. History did not repeat itself. We rather repeated history. On the economic front, I supported Waziri Atiku Abubakar because he promised to do three cardinal things to redirect Nigeria's economy in the right direction. These are: Fuel subsidy removal Floating the Naira, and Devolution of power President Bola Tinubu is now doing all three of these. We in the PDP should be pleased. Let me address some alternative policies that Waziri Atiku Abubakar proposed. Waziri Abubakar said he would have taken a gradual approach and would not have been as drastic as President Tinubu had been. Given the reality of what the Tinubu administration inherited from the Buhari regime, I do not know if that would have been possible. Have we forgotten so soon that the Buhari administration illegally borrowed ₦50 trillion through ways and means and depleted our foreign reserves, leaving behind more debt than all past governments combined? The Buhari regime claimed they left a foreign reserve of $37.08 billion, only for JP Morgan, our reserve bankers, to publish a letter stating that they lied and our reserves were actually just $3.7 billion. The fallout of this is that Buhari's Governor of the Central Bank of Nigeria panicked and was arrested as he tried to flee Nigeria. Faced with these realities, how would any responsible government have carried on spending $1 billion monthly on fuel subsidy and another $1.5 billion monthly defending the Naira and a further $300 million monthly subsidising electricity while servicing a total debt of almost $100 billion racked up by the previous administration with 92% of our revenue as at the end of Buhari's tenure? Please fact-check me. This is even as the Buhari government had sold future contracts for Nigeria's crude oil, meaning that almost nothing was coming into the treasury for the first six months of the Tinubu administration. Let us be realistic. On February 26, 2024, Waziri Atiku Abubakar said President Bola Tinubu should learn from the Argentine President, Javier Milei, and implement his reforms like Milei handled his. Waziri had said: "Both leaders inherited a disoriented economy, but both applied different measures for recovery. President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria’s. But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.” Interestingly, on Friday, September 27, 2024, the world's preeminent financial and economic medium, The Financial Times, in a headline 'Argentina’s poverty rate soars above 50% under Javier Milei' revealed that rather than praise, the Argentine leader is receiving knocks, as his reforms are not achieving the desired results. Poverty in Argentina is at its worst rate ever at 57%, and, according to FT, "136,000 jobs have been wiped out since Milei took office." Additionally, according to the International Monetary Fund, Argentina is now officially in recession as its economy has contracted by 3.5% in the last quarter and inflation hit a world record of 236.7%. In contrast, Nigeria under Tinubu has experienced two quarters of unprecedented trade surpluses, and at the end of August 2024 had a record breaking ₦14.6 trillion trade surplus and a GDP growth of almost 3%, as Nigeria now exports more than she imports. Inflation had been tamed and minimum wage has been increased. Next month, for the first time since Major General Aguiyi-Ironsi abrogated true federalism with his Unification of Assets Decree Number 34 on May 24, 1966, Local Governments will receive their funding directly due to the Tinubu administration's judicial victory at the Supreme Court on Thursday, July 11, 2024, granting autonomy to local governments. Our foreign reserves hit a record of $40.2 billion because we no longer indulge in the politically popular but economically unreasonable act of defending the Naira with $1.5 billion each month. Now, imagine if President Tinubu had taken that February 26, 2024 advice from Waziri Atiku Abubakar to copy what Milei did, where would Nigeria be? That alone shows that President Tinubu's judgment is much better than Waziri Atiku Abubakar is giving him credit for, and it should be Javier Milei who ought to learn from Nigeria's Tinubu, not vice versa! Reno Omokri |
The world is going to become a more hateful and toxic environment in the years to come, in which the poor and the needy are going to find it very hard to survive, except only those who cling tenaciously to God. The rich men and the rich nations of this world, and their rulers are becoming more hard-hearted, and more prone to wars and bloodshed. Mercy is gradually being extinguished from the earth. Expect more anguish, because the Trump, the Netanyahu, the Putin, the Kim Jung Un and the Xi Jinping have taken over rulership of the world powers, and will form unholy alliance to further create havoc in all poor nations, and on all poor people. Therefore, be prepared. Get closer to God. |
blackmantis:Massive hunger in the land. Tinubu must urgently do something to ameliorate this, or else his government and Nigeria will go kaput very soon. |
Maxymilliano:Betting is a devil's gimmick to destroy lives. No matter what the outcome, you always end up losing. |
Exceed15:Ask your previous leaders what they did with Nigeria humongous wealth. Tinubu is not the only instigator of Nigeria's present economic afflictions. |
sweetrace:At what age? |
lebete3000:Better than nothing. How much are you paying your own staff, that is if you have any? |
Suncheks:We only honour those who honour us, the rest they are nonentity to us. |
Ori yo Chelsea at the last minute. Game ends. |
Arsenal should remember our 8:0 thrashing of Noah FC last week and submit this game to us as a topping at home. |
Sanchez is a top class GK anyday, anytime. Saves us another heartbreak. |
Caicedo loves playing rough game, he will put Chelsea into trouble one day through red carding. |
Chelsea more hopeful of winning this match. |
Arsenal 1- Chelsea 0. Ka8 Harvertz. Likely to be offside. |
dustmalik:Please come again. |
Suncheks:We don't count or know Kemi as a Yoruba woman, as long as she does not identify with us. She is a British woman, and identifies herself as such. We know Adeshina Akinwunmi of ADB, we know Wole Soyinka, and Isreal Adesanya of UFC, and Anthony Joshua, and many more. They identify with us. |
Mindlog:Tourists visit Kenya, Tanzania and other East African nations because of their rich fauna, flora and animal resources, which they like to experience first hand. Do Nigeria have such rich natural creations in an easily accessible environment? The same terrorism (Al Shabaab) and corruption issues also exists in those East African nations. Many terrorist attacks have occurred in Kenya during the 20th and 21st centuries. In 1980, the Jewish-owned Norfolk hotel was attacked by the Palestine Liberation Organization. In 1998, the US embassy was bombed in Nairobi, as was the Israeli-owned Paradise hotel in 2002 in Mombasa. Also remember the recent month long riots in Kenya against systemic corruption in their country. It is just that Nigeria's corruption is more prominent, endemic and of long duration. |
Frigga13:That tells you that we Yorubas honour our tribe and culture, and will never support any of our sons and daughters that denigrate us, or dishonour our names by criminal acts, no matter how highly placed (plus and including Tinubu). This is unlike some set of tribes who support their clan members, no matter their evil ways, as long as they are rich, and build massive mansions in their villages, and strut around flaunting their riches. |
azadus18:Congratulations 🎊. Gradually you are finally getting educated and informed. |
safarifarms:Same as me. In Akure Town, anthills and termites invasion is a curse against the town. They are everywhere destroying properties and furniture. They destroyed my snails nursing business, killing all the snails. The roof and wardrobes of my house needs constant attention, or they will finish them off. And worse, they are always invisible, you can never see them in the daylight or trace their origin. |
criuze: > Crazy people too plenty for Nairaland. Why not add chandeliers join am? |
Nwaokunkpara:Minus me: maybe #Nwaokunkpara fit be part of dem criminals. |
Fake IPOB hope. Trump has no interest on the happenings in Black Africa, nor care about anything on the emergence of any new African nation. Trump is a racist bigot, and hates black people to the core of his being. In his first term in office, he mouthed many racial slurs on black African nationalities, and this time around, nothing is going to change. Therefore expecting him to force the Nigerian government to grant freedom to a Biafran nation is a mirage and an illusion at best. It is not going to happen, not with Trump. |
iluvdonjazzy:Ask Google. |
She escaped Trump's hammer. For her black skin, Trump would have rejected her in the same manner he did the first time. |
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