Education › Re: Intimidating Facts You Never Knew. With number 11, you will be Wowed! ! by NeloNelo: 10:07am On Jun 30, 2023 |
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Politics › Re: Bola Tinubu: Cashless Policy Or Not, My Election Victory Was Always Sure by NeloNelo: 9:00am On Jun 30, 2023 |
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Politics › Re: FOREX Challenge Driving Petrol Price Towards N581 Per Litre by NeloNelo: 11:38am On Jun 29, 2023 |
lexy2014: How is subsidy no longer sustainable?
Can you state what percentage of each litre of fuel the government has been subsidizing and what that became after each removal of subsidy?
If fuel Subsidy isn't sustainable, why is the thieving lifestyle of politicians and crude oil theft sustainable?
Which subsidy did the government remove in 2020 and which one has Tinubu just removed again? Seen this? According to NMGS, the volume of stolen oil exceeds the amount officially sold https://thegisthouse.com/according-to-nmgs-the-volume-of-stolen-oil-exceeds-the-amount-officially-sold/ |
Politics › Re: How Former Zamfara Governor, Yari Spent Billions Of Naira On Senate Presidency B by NeloNelo: 11:13am On Jun 29, 2023 |
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Sports › Re: Victor Osimhen Wins Best African Player At Ghana Football Awards (Video) by NeloNelo: 2:01pm On Jun 28, 2023 |
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Business › Re: Gtbank: You Can Now Change Dollar To Naira Instantly From Internet Banking by NeloNelo: 1:36pm On Jun 28, 2023 |
grandstar: Economics in reality isn't a walk in the park.
Buhari left a big mess which will be very hard to clean.
For instance, there was $800m the airlines wanted to remit abroad that the CBN could not satisfy. Altogether, unmet demand for $12bn was reputed to be in the area of $12bn.
What do you think would happen once the Naira was floated? Meeting this unmet means demand will be very hot.
Anyway, these are still early days! The government will only be 30 days old today. Imagine this CBN restricts contactless payment channels transactions to ₦50,000 per day https://thegisthouse.com/cbn-restricts-contactless-payment-channels-transactions-to-%e2%82%a650000-per-day/ |
Politics › Re: Subsidy Removal: Poor Nigerians Will Hit 101million Without Palliatives, W’ban by NeloNelo: 1:35pm On Jun 28, 2023 |
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Politics › Re: How Three Regions Account For 71% Of Nigeria Economy by NeloNelo: 8:17am On Jun 28, 2023 |
chidiokay: Its funny how you reason most times, i don't know were you people get the mentality "Only Igbos have money Only Igbos buy lands & properties" .. if igbo no buy no other human can buy, it depict shallow mindset
Demand for almost everything has dropped in recently becos of the "Inflation rate" .. common sense What your 40million can buy in March it can no longer buy it now ... its not just houses even demand for car has dropped because of dwindling purchasing power and Not becos Igbos have decided not to buy again
Please shut the fvckup, Money knows no tribe, there was a time IGbos pull out there money and convert to biafra money, Nigeria did not collapse. must you people boast or its just a curse Inflation and subsidy removal: 7.1 million Nigerians may become poorer as families face a monthly loss of N5,700 https://thegisthouse.com/inflation-and-subsidy-removal-7-1-million-nigerians-may-become-poorer-as-families-face-a-monthly-loss-of-n5700/ |
Politics › Re: President Tinubu's 120 Car Convoy In Lagos For Sallah Raises Eyebrow (VIDEO) by NeloNelo: 8:16am On Jun 28, 2023 |
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Politics › Re: Tinubu Refuses To Give Speech, Sends Representative Instead. by NeloNelo: 7:44pm On Jun 23, 2023 |
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Politics › Re: Handover Ceremony Of Rear Adm Emmanuel Ogalla, New Chief Of Naval Staff by NeloNelo: 7:43pm On Jun 23, 2023 |
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Travel › Re: Flood Trapped Several Persons In Trademore Area Of Lugbe, Abuja (Video) by NeloNelo: 7:41pm On Jun 23, 2023 |
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Foreign Affairs › Re: UN Adds Russia To ‘list Of Shame’ For Killing Hundreds Of Children In Ukraine by NeloNelo: 2:44pm On Jun 23, 2023 |
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European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by NeloNelo: 1:33pm On Jun 23, 2023 |
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Politics › Re: Tribunal: Hitler Nwala Claims INEC Erased Presidential Election Results by NeloNelo: 7:50am On Jun 23, 2023 |
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Politics › Re: Why is NLC & TUC getting weaker each successive government by NeloNelo: 7:49am On Jun 23, 2023 |
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Travel › Re: Missing Titanic Sub Likely Imploded In ‘catastrophic Loss’ by NeloNelo: 10:58pm On Jun 22, 2023 |
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Politics › Re: Gunmen Kill 20, Burn Several Houses In Plateau Communities by NeloNelo: 1:17pm On Jun 22, 2023 |
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Politics › Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by NeloNelo: 11:21am On Jun 22, 2023 |
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Politics › Re: Shettima Meets With British High Commissioner In Abuja (Video/Photos) by NeloNelo: 8:40am On Jun 22, 2023 |
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Travel › Re: Why Our Govt Banned Dependents Visa For Nigerian Students – British High Comm. by NeloNelo: 8:39am On Jun 22, 2023 |
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Politics › Re: Peter Obi Agrees With Bill Gates' Comment On The "Japa" Syndrome by NeloNelo: 8:38am On Jun 22, 2023 |
slawomir: Damnnn niggar
Obi my niggar
Anyday anytime twice on Thursday 1)All educated youth in Nigeria are aware... Name three or two states with educated, Liberal, intelligent and exposed people Definitely it will be lagos and Abuja right! And obi won those states 2) the three major contestants were from the three major region...atiku(hausa), tinubu( yoruba), obi(igbo) So the South South were in a better position to choose because no one among the contestants were their brother....and guess what the South South chose obi So if you are a Nigerian youth and you can't figure out this simple truth then your education is a total waste and you need to collect your school fees from any tertiary institution you finished from ‘Japa Syndrome’; Peter Obi Agrees With Bill Gate https://thegisthouse.com/japa-syndrome-peter-obi-agrees-with-bill-gate/ |
Politics › Re: Why North Can't Do Anything About Tinubu's Nepotism by NeloNelo: 8:22am On Jun 22, 2023 |
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Career › Re: Understanding The Japa Syndrome And What It Portends For Nigeria by NeloNelo: 8:13am On Jun 22, 2023 |
Dogalmighty17: THERE has been a rather marked loosening of immigration controls by most Western governments in the last decade. A great number of our intellectuals, skilled peoples and professionals in Nigeria have moved out or are planning to do so for a promise of a better life. That's fair.
As much as it appears as if the West has opened its doors, the underlying truth is shocking.
Anyone who has undergone a rudimentary economics class will of course have fair knowledge of what is called a tax base. You need a vibrant working population that can be taxed to run an economy. Most Western economies however, are running into a demographic time bomb. They are facing an aging population and a lesser number of young people in the workforce. The greater number of the aged puts pressure on the social welfare blanket. With fewer young people paying into these social welfare programs, with fewer young people carrying out economic activities, the social safety net gets depleted faster.
When an economy grows to a certain size, it needs a certain population figure that must be sustained otherwise everything crumbles. The death rate in the West is greater than its birth rate. Japan is already panicking. China recently reversed its 1 child policy. The damage however may appear to have been done. They won't wait for their population to grow because it is impossible at this point. It is faster to import immigrants.
Furthermore, an aging Western population needs healthcare professionals. They do not have enough young people going into these fields. Even worse, the performance of young people in STEM courses across the West, has been dropping. Recent US test scores is an example.
So what does the West do? They resort to 'siphoning' professionals all across Africa and Nigeria is a major focal point.
The West is drawing the best out of Nigeria. Indeed they are hollowing us out. It is slavery 2.0. It will get worse. The West will keep incentivising our best to come over and Nigeria will keep suffering as a result.
In effect, Nigeria has no hope of advancement. Not when the West is ready to absorb the best we produce. It is not their fault however. Our government and their incompetence are the cause. ‘Japa Syndrome’; Peter Obi Agrees With Bill Gate https://thegisthouse.com/japa-syndrome-peter-obi-agrees-with-bill-gate/ |
Politics › Re: See How Much I'm About To Buy Dollar What Did We Do To Apc by NeloNelo: 8:12am On Jun 22, 2023 |
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Politics › Re: At The Paris Summit, World Leaders Are Eager To Meet With President Tinubu...... by NeloNelo: 10:05pm On Jun 21, 2023 |
NimzyGist: President Bola Tinubu has requested to meet with no fewer than four international leaders in Paris, France, where he will attend the summit for the New Global Financial Pact that is being organized by President Emmanuel Macron.
Dele Alake, Special Adviser to the President on Special Duties, Communication, and Strategy, stated as much to the media on Wednesday when she discussed the main points of the summit........ Also today in London Man Stabs Two At Middlesex Hospital London https://thegisthouse.com/man-stabs-two-at-middlesex-hospital-london/ |
Sports › Re: Cristiano Ronaldo scores on his record 200th international cap for Portugal by NeloNelo: 7:59pm On Jun 21, 2023 |
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Politics › Re: Chief Of Naval Staff: Gambo Refuses To Hand Over To Ikechukwu Ogalla - Gazette by NeloNelo: 2:58pm On Jun 21, 2023 |
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Politics › Re: Csos Task Tinubu On Reviving Anti-corruption Fight by NeloNelo: 2:43pm On Jun 21, 2023 |
GiddySY: CSOs task Tinubu on reviving anti-corruption fight
A group of 30 Civil Society Organizations, CSOs, with a focus on combating corruption in Nigeria has called on President Bola Tinubu to rejuvenate the fight against corruption in the country.
Speaking on behalf of the group during a press conference in Abuja, the Executive Director of the Civil Society Legislative Advocacy Centre, CISLAC, Comrade Auwal Musa Rafsanjani, rated the performance of the previous administration on anti-corruption very low.
According to him, corruption is believed to have worsened during the administration of former President Muhammadu Buhari.
Mr Rafsanjani added that challenges such as lack of political will, weak governance, and low public engagement hinder the effectiveness of existing anti-corruption initiatives like the National Anti-Corruption Strategy.
Rafsanjani highlighted the mixed opinions on the success of the Buhari administration's anti-corruption efforts, despite the implementation of legal frameworks and initiatives.
Corruption is believed to have worsened, and the new administration led by President Tinubu lacks a clear focus on anti-corruption.
Rafsanjani pointed out various factors contributing to corruption, including the low reporting of corrupt practices due to citizen mistrust, the absence of whistleblower and witness protection laws, underfunding of anti-graft agencies, and non-compliance with laws.
The group made recommendations to address these issues, such as passing the Whistle-blower and Witness Protection Bill into law and fully implementing the National Strategy on Anti-Corruption and the Freedom of Information Act across all states.
They also called for capacity building for public institution staff, effective monitoring of beneficial ownership registers, and the implementation of relevant acts like the Proceeds of Crime Act and the Money Laundering and Prohibition Act.
Rafsanjani urged for improved funding for the Independent Corrupt Practices and Other Related Offenses Commission (ICPC) and the Code of Conduct Bureau, as well as a review of the appointment provisions for the ICPC, Economic and Financial Crimes Commission (EFCC), and Code of Conduct Bureau.
He emphasized that these actions would increase the number of convictions of politically exposed persons (PEPs) by the EFCC and ICPC. Additionally, the group called for the investigation of public officers implicated in various international scandals.
Rafsanjani highlighted the need to reform financial institutions prone to money laundering, including the Central Bank of Nigeria (CBN), commercial banks, the Federal Inland Revenue Service (FIRS), the Nigerian Ports Authority, and the maritime sector.
He emphasized the importance of ensuring judicial independence by providing real financial autonomy to the judiciary, which currently depends on delayed disbursements by the executive.
The group demanded greater transparency in the budgeting and expenditures of anti-corruption and security agencies and urged the government to prioritize the provision of information and data in the oil and gas sector.
Furthermore, Rafsanjani called for the alignment of state governments with federal-level anti-corruption strategies and initiatives.
He stressed the need to strengthen the autonomy, independence, and institutional capacity of state-level anti-corruption agencies while fostering better synergy with their federal counterparts.
The group emphasized the importance of respecting civil society organizations (CSOs) and citizens' freedom of expression without fear of intimidation or harassment. They urged the government to view the role of CSOs as complementary rather than antagonistic.
The group also proposed the creation of a separate legal procedure to monitor genuinely confidential procurements in the defense sector by a confidential Senate Committee.
Additionally, they recommended that the National Assembly expedite the review process of the outdated current audit act to empower the Office of the Auditor-General of the Federation in fulfilling its duties Ignore the reports about my appointment as EFCC chairman, says Odumosu https://thegisthouse.com/ignore-the-reports-about-my-appointment-as-efcc-chairman-says-odumosu/ |
Politics › Re: Governor Abba Yusuf Says Commissioner Nominees Must Declare Their Assets by NeloNelo: 2:41pm On Jun 21, 2023 |
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Politics › Re: There Are No Obidients To Defend Peter Obi Like Before Again" - Daddy Freeze by NeloNelo: 2:39pm On Jun 21, 2023 |
anonymous1759: Like I said to you I don’t want to believe anything i hear on social media because it’s from one media house or the order . Actions speaks louder there’s nothing like coincidence if BAT travels to UK same media house will tell you BAT has changed his doctors you can save this post for reference.
If BATs over stays Is welcome in France without candid reasons like holding special economic meetings after the global summit that’s when I’ll believe , I said three weeks to a month because it’ll be obvious that you can’t lie any longer when PMB was sick he couldn’t hide it because he over stayed. There’s no need to spread unverified news or wish someone Bad health because of politics. for now I’m believing he’s on going on a global summit in France . Nigeria Loses 6,221 Medical Doctors In Less Than A Decade, ICS-NS Reveals https://thegisthouse.com/nigeria-loses-6221-medical-doctors-in-less-than-a-decade-ics-ns-reveals/ |