₦airaland Forum

He was looking dejected and completely lost.

Are you sure no be his smelling mouth chased everyone away.

This man is completely foolish and shameless. Where was he when Buhari's mismanagement crippled the economy? While he was silent as Buhari grounded the economy, he never knew a precedence was in the making.

Today, another man is doing what Buhari did and this emir has the audacity to complain, right? There is nothing like hunger in Nigeria. The economy is doing just fine.

Life is a circle.

That one concern her.

This is not new.

Assassination of the naira is one of the good things thîefnubu achieved within 100 days in office.😋😋

sreamsense:
You have submitted you drug case, nothing came out of it than shame for you and obi. We warned you but you couldn't listen, your sturboness has pushed you to stand on podium of shame for open disgrace. If you can not get weeping bucket near you, kindly notify Tinubu campaign team for free donations because you must donate your 8years tears because it contains needed elements for fertelizer processing

You aren't ashamed to have bragged with a rigged system. Was he not a drug kingpin from the US government perspective?

Everybody isn't as corrupt as you are. Not everybody sees white and calls it black.

Now fvck off my mention.

Thîefnubu drug addict on the loose.😋

All these goats above do not understand what a precedent is.

Obi has to go to supreme court. Whatever is the outcome will be used in future adjudication.

Evil and goodness doesn't favour a particular set of people. You can smile today because it favours you, same method will be applied to favour others too.

No election matter ends @ the tribunal.

I'm suspecting that Tinubu is not going to win @ the tribunal and, for that reason, there won't be massive outrage and protests against the court or the President. This is a ploy to subdue tension.

Thereafter, the outcome of PEPT would be dragged to the Supreme court where eventually he would win. In that circumstance, if those who lost @ the PEPT didn't protests, then those who lost @ the Supreme court are not expected to protest too.

This is how I feel.

muykem:
You people don't know the meaning of landlocked. It only means you can't access ocean without navigate through another country. Ebonyi doesn't share boundary with Cameron, you need to pass Akwa Ibom or Benue state.

Pass Akwa Ibom or Benue state? You are truly senseless. You stay in Osun state and describe Ebonyi state for the indigenes of the area with zero knowledge.

Alika.😋😋

Old news. Foolish op.

Thîefnubu is a criminal. With the above, how come the election was rigged? Everybody is not with you still, they are rigging it against the person they claimed to be standing with nobody.

Animals.

This yorubastard goat never die. The idiot was claiming Ebonyi state until he was caught pants down.

Why do they want to televise it now after rejecting the same idea during proceedings?

Obviously, there are more animals in this country than humans.

Ebola Thîefnubu is a retardéd drug junkie.😋😋

Thîefnubu and his cartel are criminals. Only Umahi is different. The rest are brainless wackos.

So, this is how they want to take the people out of poverty? Okokobioko. In that case, the journey to poverty alleviation has not started.

What I'm seeing is a fine tuning steps to embezzle budgetary allocation for ministry of humanitarian affairs by this woman.👀👀

Their business.

I don't think any reasonable Nigerian wants to know who is coming for investment right now while the majority of the people languish in perpetual poverty.

Walk on the streets and see things yourself. It's a sad story from market woman to local artisans. And here, someone is harping on pure facade of an investment. Even Satan would shudder in disbelief the height of moral depravity in Tinubu and his propaganda network.

A hungry man doesn't listen to useless stories cos as it stands, 3 cups of rice as palliative is not what Nigerians bargained for. hence the investment story is a ploy to divagate attention from pressing issues.

This one is speaking for himself. Come to UPTH in Rivers State and see the madness going on there. Infact, don't ever dream of taking an emergency situation to UPTH because right there in your presence that patient would be gone.

Some idiots are simply making it look like the situation is anything to write about. Our public health care system is absolute rubbish.

I almost had an altercation with a medical doctor in the manner they handled my brother's case. Different doctors coming to examine his health condition and prescribe different drugs. Most times you end up purchasing the same drugs twice. There is no due diligence. It's an apocalyptic situation when student doctors are involved.

On Saturdays, lab workers don't come to work. Your test result is handled in the most unprofessional manner. On Sundays, you may realise that you don't even have more than 3 doctors on duty taking care of the entire patients in the wards. It's a sad experience.

And the OP whom I suspect is not vast and experienced in the bad situation we find ourselves in this country, is attempting to hide the truth.

Idiot.

Oya this is the outcome of having a useless man as president.

3 cups of rice and Maggie cube is the so called palliative.

Thîefnubu is a criminal. He is already looting the so called revenue.

One animal is on the loose.🤡🤡🤡🤡

Deltafirstson:
Despite continuous government efforts to shore up food production in Nigeria through various intervention programmes, the country recorded foods trade deficit worth N4.92 trillion between 2018 and 2022.

Available data shows that Nigeria is not growing enough food for the populace, leaving the country with no option but to import.

Consequently, to feed its steadily rising population, the country recorded a 121.7 percent increase in the value of imported foods within the 5 year period, rising to N1.9 trillion in 2022 from N857 billion in 2018.

The development may not be unconnected with the heightening of insecurity in the country especially around the agricultural belt, which has forced many farmers to abandon their farmlands, thus prompting the government to spend millions of dollars importing food annually.

Data obtained from the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN) revealed that the total agricultural imports into Nigeria from 2018 to 2022 amounted to N6.916 trillion while total agricultural exports from the country within the period was N1.997 trillion, resulting in an agricultural trade deficit of N4.919 trillion.

The data also show that there have been steady increases in agricultural imports into the country since 2018 which recorded N857 billion imports; and rose to N959 billion in 2019; N1.2 trillion in 2020; N2 trillion in 2021; before a moderate decline to N1.9 trillion in 2022.

However, within the same period, agricultural exports from the country amounted to N302 billion in 2018; N270 billion in 2019; N322 billion in 2020; N505 billion in 2021; and N598 billion in 2022, indicating a rise of 98 percent from 2018 to 2022.

Some analysts have attributed the increases seen in exports to the aggressive non-oil export promotion programme of the government rather than increased output, a development which they see as counter-productive to the nation’s food security.

A related report by the NBS also indicated that the downturn in food production in the country may not be attributable to the impact of insecurity alone.

The report indicated that prices of key farming inputs such as seeds, herbicides, pesticides, fertilizers, and agro machinery rose sharply within the period, making it increasingly hard for farmers to expand their production and forcing many to cut down on production.

The various interventions by the federal government through the agencies appear to have done little to address the situation.

N1.08trn disbursed on anchor borrowers program
The federal government has over the years spent billions of dollars on various agricultural programmes to spur local food production.

The Central Bank of Nigeria (CBN), earlier in this year, said that apex bank has disbursed a cumulative amount of N1.08 trillion to farmers through the Anchor Borrowers Programme (ABP) in the last seven years, between 2015 and 2022.

The bank further noted that between January and February 2023, CBN disbursed N12.65 billion to three agricultural projects under the programme.

ABP was launched in November 2015 in an effort to boost agricultural production, improve foreign exchange earnings and reverse Nigeria’s negative balance of trade on food.

This is beside other schemes such as the Commercial Agriculture Credit Scheme (CACS) and Accelerated Agricultural Development programme, amongst others, all designed to boost the nation’s food production.

According to analysts, these programmes, in addition to the ABP, have been valued at over N3.0 trillion over the years.

However, there is still no significant impact as the country still has a huge supply gap in most of its staple foods, even as the population growth rate continues to soar.

Although agriculture contributes 22 percent of Nigeria’s total GDP and employs over 80 percent of the population, smallholder farmers who are responsible for 90 percent of food production in Nigeria lack the resources to improve their productivity.

Analysts attribute this situation to the operating environment characterised by low productivity, high post-harvest losses, low-value addition, fragmented markets, and inefficient value chain logistics.

More active govt intervention in agriculture required — CPPE
Giving some insight into the situation, Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, said more active government intervention is required in agricultural inputs, adding that improvement in the security situation would surely boost performance of the sector.

His words: “Rising food import bill is extremely worrisome, especially for a country so richly blessed with arable land and numerous other natural resources.

“The basic problem is governance. Over the years, especially since the seventies, we have not instituted effective policies and programmes to promote investment in agriculture.

“There was practically no subsidy for agriculture for several years, whereas even in the advanced countries, billions of dollars are committed to subsidising agriculture.

”We need active government intervention with regards to agricultural inputs, technology adaptation, financing, processing, marketing, logistics, access to land and storage.
“There is a need to improve the efficiency in the entire agricultural value chain – production, processing, transportation, preservation, packaging, etc.

“It is impossible for the private sector to provide these support systems. These support systems existed in Nigeria before the incursion of the military into political governance in 1966.

“An improvement in the security situation would surely boost performance of the sector. This would impact job creation and food security in the country.”

Has negative implication for value of Naira – NACCIMA
Engaging with Financial Vanguard on the situation, Director General, Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA), Sola Obadimu, attributed the increasing dependence on food imports on “insecurity, depreciating infrastructure, lack of power/preservation facilities for locally produced agricultural products, etc,”

On the implication for the economy, especially the value of the Naira, Obadimu stated: “Naira will apparently continue to lose value.

“As I’ve said several times, if we want to strengthen the Naira, we have to export more than we import, demonstrate discipline and commitment to consumption of locally available products, and lessen our unnecessary tastes for imported luxurious items.

“Yes, we need to eliminate corruption surrounding the opaque fuel subsidy system as well as the dual forex rates. Also, it is true that people pay more for fuel and utilities elsewhere. However, we have to remember that, in those climes, infrastructure is far better and industries wouldn’t have to worry so much about bad roads, insecurity/kidnapping threats, insufficient public power supply, etc.

“It behoves us, therefore, to lessen unnecessary expenses on the different arms of government and upscale the quality of our infrastructure to an appreciable level to justify our full adoption of liberal market forces."

https://www.vanguardngr.com/2023/08/govt-efforts-failing-as-food-imports-rise-122-defici

" Na statistics we go Chop " Tinubu asked while campaigning in Delta state prior to presidential elections.

Today, we can now see the importance of statistics in our national lives as used by Peter Obi against balablu blu blu bulaba.

It's a pity we have an idiot who is bereft of common sense as president of Nigeria.

Ebubu3:
I am more useful than your papa

says a sasquatch whose imbecility is generational.😋😋😋

Ebubu3:
My words hurt you and I have absolutely no apology for that.


You people need to apologise for the sins committed against Abakeleke Igbo for the past 6 decades or more.

You are an idiot who is naturally useless to humanity

CJStarz:
The term, 'Rock of Ages' is ascribed only to God. Only Him lives forever. A road,no matter how well constructed,will dilapidated with time. Nothing lasts for ever. Look for another euphemism to describe the said road.
Shalom!

Thanks, correction taken.

Ebonyi people are talking about roads constructed by Dave Umahi in Ebonyi state.

This thread is not about comparisons between roads constructed in other South East state by different personalities.

We should do well to stay on the topic to avoid needless dragging, name calling and distraction.

Ndi Iba anyi, una awa. 🍷🍷