Neoclassical's Posts
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All you do is to repel. They will still come back, kill many people, destroy houses, then you will repel. Next, you catch a few of them, hand them over to Nigerian government and they will release them after 24hours, rehabilitate them and send them abroad for scholarship, while you die in your thousands. Look at what Chadian Soldiers are doing. Nonsense. Keep repelling and dieing. |
You don't impeach a Law Maker, he can only be recalled by his constituents. Besides, no law stipulates that a law Maker can be recalled after being absent for 3 months. |
I hope Yorubas are seeing this, because they only masturbate on Ikpeazu's Kerosene. The other time Aregbesola shared fufu and wheat. Hypocrites |
He should have considered the cost of production as well. If price of raw material increases, ultimately, it will lead to a correspondence increase in the price of the finished products. So what measure did he put in place to check the price of raw materials, transportation and warehousing? This is simple elementary Economics. |
I wonder why Yorubas want Abba Kyari dead for being a member of Aso rock cabal, whereas the worship Tinubu that has held the destiny of the entire South West hostage. Hypocrisy at it's peek. You want Osibanjo's freedom in Abuja, whereas Tinubu is holding all of you hostage in your land. Abba Kyari will not die and Buhari will be alive to finish his tenure. Rubbish, quote me and see |
Some people can lie. This picture has been circulating on Facebook. It's OPM Pastor in Porthacourt, sharing food and other items to members. |
Being an accountant doesn't make him an Economist. There is always an accountant's view in monetary economics, which is distinct from an Economist view point. He spoke like an accountant. Most accountants believe in expansionary economic policies, even in the midst of inflationary pressures. An Economist will factor in so many variables before drawing such conclusion. He failed to take note the fact US and other developed countries that resorted to stimulate their economies via printing of more currencies are productive nations, unlike Nigeria that is dependent on imports and consumption. Printing extra money without correspondent increase in productivity, amidst this lock down in the country will trigger hyper and stagflation. This is an Economist point of view. |
MT:It does not make economic sense even in the case of US. But remember, in economics, there are variables you have to factor in before drawing your conclusions, though some may be stochastic. First, US has a higher Special Drawing Right (SDR) from International Monetary Organizations than a less developed nation like Nigeria and therefore can absorb external economic shocks because of its advantage in purchasing power parity. Nigeria's external reserves cannot be compared to that of US which can be used to offset balance of payment disequilibrium. |
MT:Sure, these are two different scenarios. In the case of US, there was economic depression, however, investment and productivity in the real sector was not severed. The economy was running, but there was negative growth for many consecutive times i.e economic depression. Scenario 2 , Most companies in Nigeria are closed down, government offices are closed, most retail businesses are equally closed, meaning, productivity is below equilibrium, supply is low, demand is high in relation to supply, leading to vicious circle of poverty, since household members are home together at the moment. So printing more money to chase a few available goods will render the goods worthless and increase the vicious circle of poverty , especially in the long run. |
Wasky101:If truly he is an Accountant as you posited, but committed this kind of economic blunder, then his certificate is questionable. I am a trained Economist with years of teaching experience at Undergraduate and Postgraduate levels. If my student gives me this kind of advice in Class, I will be worried so to speak. As an Accountant, he ought to have factored in some macroeconomic variables that can trigger inflationary pressures both in the short run and long run, owing to low level of productivity at the moment, resulting in sharp increase in demand over supply, holding other factors constant. The penacea to this economic debacle and Quagmire is to raise productivity of household goods and break the chain of distribution - from producers directly to consumers, in order to avoid hoarding and price hike. |
Hahaha, did this man go to school at all. What happens to inflation? So elementary economics didn't tell you that when large quantity of money in circulation Chases a few available goods and services in the economy, prices will skyrocket and that will ultimately lead to hyperinflation owing to this present economic situation. Productivity is low at the moment leading to shortages in supply in relation to demand, yet you want to print more money. Voodoo economics. |
etrouble:Zombie like you can't be my Parent. I wonder who you think you are that makes you think anybody you meet on the cyberspace is a kid. Some people you insult in a faceless forum are feeding people like you. |
etrouble:You are a bastard! Idi0t,s like you should be deleted from the surface of the earth asap. |
Nigeria has never had it this bad. A situation, where citizens can neither see nor hear from their President, amidst this epidemic. Over 70 Soldiers were killed recently but the President never showed up nor say anything. Nigerians are suffering at home, businesses closed, jobs lost, yet the President's whereabouts is not known Donald Trump and Presidents of other countries are up and doing in the fight against this virus, yet some idiot,s only showed us a picture of Buhari in his office. Nobody hears from him nor see him and you say we have a President. At least, by now, we would have been hearing "Fellow Nigerians... " intermittently from Obj, Yaradua or GEJ , that alone can give people hope. Worst President ever. |
He is only interested in his Cow. Government of the North by the North and for North/Cow. Buharinomics. |
The APC had planned to turn Bayelsa State to a Carnival. Bayelsans were to have endless parties for a month, free food was to be given to people at different points across the state. All hotels had been paid upfront in Bayelsa to accommodate commercial sex workers from other states. Militants were to be placed in charge of security in the state. It was supposed to be an entire month of jamborees and wastefulness, and it never happened as the Supreme Court made the ruling. The Bayelsa chapter of the All Progressives Congress, APC has also called on the country’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC to as a matter of urgency, launch an investigation into all the monies, Loans and collateral given to Timipre Sylva which were never accounted or judiciously used for the Bayelsa election. It is in good knowledge that Timipre Sylva received over $150m for Bayelsa election and only a meagre sum of $10m was handed over to David Lyon for the election. Petty Jonathans. A group known as APC Reformation Forum had accused the Jonathans for sabotaging their mandate after the election. The group says the Jonathans were petty and couldn’t wait for David Lyon to be inaugurated before they started making demands and collecting bullet proof cars. Goodluck Jonathan, a leader of the PDP received N300m in cash to provide entertainment and logistics for his guests that were supposed to come to Bayelsa state for David Lyon’s inauguration, Goodluck Jonathan and his wife Patience had already concluded plans to attend the inauguration of an APC governor whose election was still contested in court by his party, an election that was adjudged by local and international observers to have been massively rigged in favor of the APC. This further exposes his disloyalty to his party that made him President. You would recall that a group, PDP Renaissance group had in a press statement after the election, berated Goodluck Jonathan for failing to condemn the violence that took place in his home state during the elections. Consequently, Counting down to the inauguration that never happened, there was already a conflagration of different groups (David Lyon, The Jonathans and Sylva) over commissioner nominees and other appointments in the state. David Lyon’s hands were already tied even before his botched swearing in. An APC faithful our corespondent spoke with says, “Now that the game is over, it makes sense to lessen the burden of David Lyon that was used as a sacrificial lamb by Timipre Sylva. The vehicles and monies should be returned without drama to save face”. Several PDP members and leaders in Bayelsa and outside Bayelsa have expressed disappointment towards the Jonathans over their role in the last elections and for also allowing their image and self acclaimed integrity to be dented with allegations of anti-Party activities and return of alleged N300m given to them for APC inauguration. A Bayelsa state based member of the PDP in Yenagoa who asked to remain anonymous said that “Nigerians have always known that GEJ is a “careless man” in his politics and showed lack of critical judgment” More on Jonathan… Jonathan’s integrity came under scrutiny again recently when Olisa Metuh was found guilty of receiving N400m from Former NSA Sambo Dasuki for election campaign. You would recall that Goodluck Jonathan failed to appear in court or speak up for Olisa Metuh during his trial when it is obvious that he (Jonathan) asked Olisa Metuh to collect the money from Dasuki. As Bayelsa state slowly recovers from the wounds of the violence meted on it by APC loyalists after the Supreme Court ruling, yet the storm is not over. The APC struggles to put its house in order as more dirt of its financial dealings during the elections surface. https://leaders.ng/bayelsa-apc-to-goodluck-jonathan-return-our-%E2%82%A6300m-bullet-proof-cars/ |
Hon. Tobias Okwuru, former Chief Whip of Ebonyi State House of Assembly and former member of Federal House of Reps, who represented Ikwo/Ezza Federal Constituency in the National Assembly, between 2011 and 2015 is dead. Details soon.
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dipopooo:Same question I keep asking myself. Sanwo Olu is a total failure so far. If that man should continue this way, I am sorry. He is just an errand boy to Tinubu in Government House. Sanwo Olu dare not take any action without Tinubu's consent. I think he started his tenure with the fear that Ambode's fate may befall him if he goes against the dictates of Lagos stakeholders. His service to Lagosians is secondary. All his allegiance is to the godfathers and APC King makers in Lagos State. |
Party of certificate forgers. |
There is nothing like merit again in this country. I thought this buying and selling of jobs would stop with the emergency of Pres. Buhari, now here we are. It seems the thing is even getting worse. No hope for common man again. May God have mercy. |
The way our Senators are dying these days calls for concern. RIP Sir. |
MelesZenawi:I posted pictures of works done by Umahi. Proof me wrong that those pictures are not from Ebonyi State. Meanwhile, your argument shows you lack comprehension skill. If you were asked to summarize that passage I posted above, will u in your right senses tell the examiner that the writer said he took photograph while in Abakaliki. More reason most of you fail exams and blame your lecturer/teacher. |
pheelhip:Sure, he needs to work on that too. |
Arrewa:Good! Let's appreciate those who are doing well no matter where they come from. Tribe is inconsequential in this discourse. Abia State is also in the south east but the governments over there since the creation of the state are bunch of failures.. |
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