₦airaland Forum

500 billion dollars per year? Oga stop lying, it's not good for the soul.

Mediocrity seems to be the way of life of alot people.
It is our duty as the enlightened ones to challenge it.

A military junta without allies and under heavy sanctions want to eradicate terrorism without help.

caye:
Those investors are your gods, Abi?
Those western European thieves, who take more than they bring.
What investment have they brought so far to seemingly stable but broke countries who are enslaved to them like Liberia, Malawi, Congo Brazzaville etc.
It has been looting upon looting.

Development can only come if you use the Chinese or Japanese example : it is from the people working in unity.

Who do you think built China and Japan?
Who poured billions into their economy?

If you know how to manage them, you will enjoy them. If you don't, then you are the problem not them.

Svoboda:
Does democracy bring development and prosperity?
Niger has been thru this road before, and what has been in it for the poor nigeriens? France has been scavenging that country without mercy. Who do you now blame? Most times, western tailored democracy is total crap in crap in africa.

Democracy does bring development and prosperity when done right.
Why will you be blaming France for something the leaders themselves did?
And by the way what exactly did France do?

You will not blame the west for Africa's numerous problems. We are not animals we should be able to take care of ourselves.

This Nigeriens are not smart at all. They don't know that they are taking their country back decades because of this short-sightedness and hunger for power.

Real development comes with stability. When investors and foreign allies see that you have a stable government with clear rules for succession then they will be comfortable investing their money.

They are banking on resources forgetting that resources don't guarantee development. The greatest indicator of development in a country is credit rating and that is highly correlated with a stable government. Something they just threw away because they were power hungry.

The next few years will be interesting to watch.

This "they are stealing our resources" thing is getting stale.

They are not even ashamed to say it. Someone came to your land and "stole" your resources and you're not ashamed.

This Nigeriens are not smart at all. They don't know that they are taking their country back decades because of this short-sightedness and hunger for power.

Real development comes with stability. When investors and foreign allies see that you have a stable government with clear rules for succession then they will be comfortable investing their money.

They are banking on resources forgetting that resources don't guarantee development. The greatest indicator of development in a country is credit rating and that is highly correlated with a stable government. Something they just threw away because they were power hungry.

The next few years will be interesting to watch.

Wainey:
The things most of us don't know is that, Nigeria is dying slowly and if a desperate measure isn't taken, Nigeria may not survive another 30years, we are in a slow but peaceful death.

What Tinubu did was to take measures that will avert this painless death, we are either to chose the painless death or the painful recovery.
Take it as giving a malaria patient some medication, the effect of the drug is sometimes more sever than the sickness itself, but that recovery fever is temporary.

My concern is does Nigerians have enough strength to survive the painful recovery? What is the govt, both local, state and federal putting in place to help Nigerians survive the hard times?

Thank you for this.
This is what alot of people don't understand.
Without this painful measures that Mr. Tinubu is taking, Nigeria will die slowly.
I still don't think that he is the best man for the job but I support the economic reforms he is implementing.

Rayban25:
@

see someone else doing your work

😁😁😆

This thread is in response to the one about Nigeria's unemployment rate.

According to World of Statistics, Nigeria's unemployment rate is 33.3%. That's a huge number, it means about 1 in 3 persons are unemployed. Or think of it this way; take 10 Nigerians randomly and over 3 of them will be unemployed.

I don't think thats true, looking around me, I don't see that number of people idle. They may not have a government job or a job with a multinational company (White collar job) but they are working, doing one thing or the other to survive.

Now the post did not specify that the data they used was that of the formal sector alone but I think that any statistics about unemployment in a developing country that does not take into account the huge informal sector is null and void.

So please nairalanders, enlighten me.

Previous thread:
https://www.nairaland.com/7794404/unemployment-rate-world-nigeria-tops#124948773

Gadafii:
With all of these natural resources how’s Africa still poor

Because natural resources alone does not make a nation wealthy.
But human resources is the best kind to have, that's what guarantees development.
Silicon Valley is wealthy today not because of natural resources but human resources.

Of course we have the middle East but that's because they have a huge amount of natural resources and a small population.

Tntsi:
Is our nation in a democracy right now?
Do you know the coup in Nigeria is far worse than what is in niger?
Nigeria today is in a coup that can destroy future generations if not stopped.
The constitution of Nigeria is what holds the democracy as an institution in Nigeria. Once it is broken, democracy is dead. It is unfortunate that this is allowed to happen at all in the first place.

If we don't rectify this death trap we in immediately, forget it. Nigeria is gone

We are in a democracy, it is flawed but it is a democracy nonetheless.

And what we have is far better than what is obtainable under military rule.

baralatie:
Now if you have a porous border with Niger.it means you need the cooperation of Niger to combat insurgency.
So a military action by Nigeria against Niger negates such understanding

We do need the cooperation of Niger but we can't as a democracy allow Niger to be under military rule, its not possible.

Nigeria will not go to war with Niger, what I believe Nigeria is going to do is apply a lot of pressure on the military leaders in order to guarantee a return to democracy.

And another thing people don't understand is that no nation can develop in isolation. The Asian miracle did not happen in isolation. And isolation is what the coup leaders are dooming Nigeriens to for the foreseeable future because no one will like to invest in a nation without a stable government with clear rules for succession.

sleek214:
None

Yeah it's not looking good for us but come on now, have some hope. Who knows what will happen?

I don't blame them (it's hard to do business in Nigeria).

Benglarue:
For anyone seeking the downfall of Nigeria like elements of your kind, they will never reap the fruit of the land.

For as many people as obedients waiting to rejoice at bad news for Nigera, that bad news will always be their portion.

What did Tinubu do wrong to you guys if not just hatred that will consume you and your generations?

Sore looser.

Not all OBIdients are calling for coup or making treasonous statements, I am an OBIdient and while I still think he would have been a better choice, I absolutely do not support military rule.

I absolutely believe in democracy.

Feggie3:
You are mad. I prefer Buhari hundred times to this useless illegitimate nincompoop that was appointed for us by the daft INEC chairman.

Learn how to disagree with someone without resorting to insults. It tells people that you are a mature adult and not a child.

baralatie:
How does athe change of government in Niger affect Nigeria?
The funny thing you are mentioning buhari as a former head of state o!
Did his rule affect the republic of Niger!
So how does going to war with a west African neighbour not amount to aggression

It's like you don't understand international politics. Our borders with Niger are very porous. We have several agreements that the military junta can just discard.

I meant buhari's tenure as a civilian president.

And I don't think anyone official said anything about war. All talk about war is speculation.

lexy2014:
you didnt answer my questions.

1. pls what is is democracy?

the US has troops in Niger.

France has troops in Niger.

UN has troops in Niger yet none of them are asking for military intervention.

but oga that said theres no money for fuel subsidy and that Nigeria's should bear hardship and suffering now wants to spend nigeria's money on an adventure that doesnt concern him.

2. bro, is that democracy from a nigerian stand point?

I did, you just didn't like my answer.

Africans deserve democracy (freedom to choose our leaders), we have suffered too much at the hands of dictators.

And if you don't have any thing to say apart from copying and pasting that your comment, don't quote me. I won't reply.

lexy2014:
pls what is is democracy?

the US has troops in Niger.

France has troops in Niger.

UN has troops in Niger yet none of them are asking for military intervention.

but oga that said theres no money for fuel subsidy and that Nigeria's should bear hardship and suffering now wants to spend nigeria's money on an adventure that doesnt concern him.

bro, is that democracy from a nigerian stand point?

The adventure concerns him because we are neighbours, everything that affects them affects us.

Democracy is the best form of government because the people have choices, they can choose. Imagine that buhari was a military head of state, we would still be under his control today. That freedom to choose is a gift that alot of you coupist are taking for granted.

And another consequence of this coup is the lack of international standing. Nigeriens will suffer the consequences of this coup for years because of the short-sightedness of their leaders.

socialmediaman:
I think this is the right move! Military dictatorship should not creep back into Africa. Irresponsible use of weapons by the military should be totally condemned.

While we disagree and fight to improve on the corrupt politics of Baalablu and Mr Yakubu, we must agree that military rule should have no place in Africa

Thank you for this.
Democracy for all its faults is still the best form of government.

Ban what?
In this our nairaland?
It will not happen.

This is beautiful. I like hearing things like this.

It gives me hope.

Africa needs to realize that the world no send us. We need to be there for ourselves. Russia is not our friend. They are just here to irritate the west.

Africa has come of age to be able direct itself to the future we all want.

[quote author=IconicR post=124848046][/quote]👏
You try

There are repair works going on in our refineries as we speak. These things take time.

I am not surprised with this. This is the Nigeria we find ourselves in today.

Bankowner:
When will African countries, indeed African leaders, stop being puppets to the western world? And instead of them promoting unity of all blocs, they are busy capitalizing on the West against Russia, Russia against West schism. All for what? Power? Wealth? Influence? Dragging our dear continent back into modern colonization and accentuating the power the outside world has over us.

You will live long. Africa should stop dancing to the tune others are playing. There is a sentence that I like in the ECOWAS briefing:Africa has come of age.

I am not a fan of Mr. Tinubu but I like the fact that he is not in support of this coup.

Russia is not a country you want as an ally.
Look at the African countries they are backing. They don't care about the rule of law, about democracy, human rights etc.

The west may have done bad things in the past but everyone can see that they are trying to make amends. They are extremely committed to protecting the rule of law and democracy in their allies.

I absolutely love what Tinubu and ECOWAS is doing. Even if the president is corrupt, handle it within the boundaries of democracy not outside it.

Africans deserve progress and democracy, we have suffered too much.

Now this is the kind of news we want to hear. 👏Well done.

Nigeria will be great in our lifetime.