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PoliticsRe: Falalu Bello: From $10bn, Nigeria Debt Profile Now $84bn Under Buhari by obailala(m): 11:20pm On Dec 05, 2019
michoim:
What a blatant lie. Does this Falalu Bello thinks everyone in Nigeria is illiterate?
Actually we have far more illiterates than literates in Nigeria (regardless of education). Take a look at this thread from A - Z, the few people who posted verifiable data to debunk Bello's gutter figures have been shouted down by the mob of ignorant folks who prefer the sweetness of the fake news.
PoliticsRe: Senator Rochas Okorocha: Illiteracy In The North Has Negative Impact On Nigeria by obailala(m): 3:50pm On Dec 04, 2019
titiloyeblog:
Illiteracy in the north has a direct negative impact in other parts of the country - Senator Rochas Okorocha (video)

Rochas Okorocha, the Senator representing Imo West Senatorial District in the red chamber has raised an alarm over the high level of illiteracy in the northern part of the country.

The former Imo State Governor who expressed fear of having lawmakers from the North who cannot address the senate chamber in English, asked for an intervention in the educational sector in the region.

Okorocha also stated that the illiteracy in the northern region has a direct impact in other parts of the country.


https://www.youtube.com/watch?v=qUSg2E7kkGM

https://www.titiloyeblog.com/2019/12/illiteracy-in-north-has-direct-negative.html
Shots fired!
PoliticsRe: FG To Arraign Ifeanyi Ubah Over N135bn Debt by obailala(m):
"It's because he's Igbo" crew must be warming up to take over this thread.
TravelRe: FRSC Arrests Mary Ikoku For Using Google Maps In Abuja by obailala(m): 11:21am On Dec 04, 2019
mrMeen:
that's why you should read first before rushing to comment.
I always make a good attempt to read the "report" before commenting. But the post which contained the clarification from FRSC was by an individual further down in the thread; it wasnt in the original post. You absolutely do not expect me to read through every comment and opinions dropped by individuals in a thread do you?
PoliticsRe: Libel: Atiku Sues Lauretta Onochie, Demands N2.5 Bilion In Damages by obailala(m): 9:49am On Dec 04, 2019
Lol .. that woman sef, you're a public figure and you go around making drunk, unverified statements in public about people.
TravelRe: FRSC Arrests Mary Ikoku For Using Google Maps In Abuja by obailala(m):
What kind of madness is this? In the UK for instance, driving with Google maps has even been incorporated into the learning process; you will be taught and even examined on the use of Google maps for navigation before you can get a license.

Just look at my country?!

Modified:
Just found out the actual rule from FRSC is that drivers should not touch their phones while driving (even if it's for google maps navigation).

This is standard practice and law all over the developed world. If you must use GPS navigation on your phone, have the destination set and hang the phone before you set off; manipulating your phone while driving is an offence anywhere.
PoliticsRe: Buhari Administration Is Constructing 524 Highway, Bridges Nationwide by obailala(m): 10:11pm On Dec 03, 2019
eTECTIV:
Constructing 524 new highways? Where abeg? Becos d old ones are are seeing are all death traps.. I travelled from Abuja to Asaba jus last week and from immediately afta okene till d Benin Asaba express was hell... Okpella is a story for anoda day
Where did you read "new"?
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 10:06pm On Dec 03, 2019
grandstar:
I'm neither APC or PDP. I can't even stand Buhari. I hardly have anything good to say about him.. You don't need a rocket scientist to understand what I just wrote.

In your quest to disprove critics of Jonathan, you throw economic reality away.

You are looking at the debt the wrong way. If your driver owes N1million, and Dangote owes 10m, who has a greater debt burden? I'm sure you'll say your driver.

Nigeria's debt at 12% of GDP was actually very good. and one of the lowest in the world.

Look at the public debt burdens as percentage of GDP of various countries. Find out how Nigeria compares with others

https://en.wikipedia.org/wiki/List_of_countries_by_public_debt
The fellow you expend your energy responding to is probably a 14 year old kid who just finds pleasure anonymously insulting people online. Check his history, he hasnt made a single countribution, all he's done is drop one sentence insults to different people. Now I know what online trolls are; they just make you angry and burn your energy for nothing. grin
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 10:00pm On Dec 03, 2019
Kawabonga:
Actually he is! undecided
Just a paid zombie cool
If you have a single functional brain cell in your skull, instead of hiding in the corner throwing insults at your father, I dare you to make a single contibution to the topic of discussion in the thread.

Proof you arent a retardd yourself by just countering a single thing I said or a single figure I posted.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 9:55pm On Dec 03, 2019
Awoo88:
And you think you have posted something intelligent. This new brief given to guys will only make you guys look more stupid as usual
I just read through all your comments on this thread and noticed you've been on a deranged rampage, insulting everyone without as liitle as making a single contribution. You really do think 'intelligence' is when you go online and just spew insults right?

A sane human would definitely have been able to point out what numbers I listed or what part of my explanation which he doesnt agree with. But obviously, I over estimated the functionality of the brain cells of the person I quoted.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 7:39pm On Dec 03, 2019
DeOTR:
So out that, $63 bn was taken by the Jonathan-led FG?
The debt was ~$35bn in 2010 when GEJ got to power, so he added only $28bn to it.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 7:31pm On Dec 03, 2019
NGpatriot:
[s][/s]



DMO.
Yeah but you earlier mentioned BMO and the thread talks about BMO.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m):
Awoo88:
There us nothing true about that!! Hope you are not of those hirelings advancing all kind of moronic argument and narrative in favour of this government.
The only thing I'm advancing is the truth. The truth which so many people cant see, or intentionally refuse to see or believe when it doesnt favour their narrative. The human nature is indeed funny.

Nigeria’s total debt as at June 2010 stood at $35bn (~N5.25 trillion at an exchange rate of N150/$),
Nigeria’s total debt as at June 2015 just after handover stood at ~$61bn (~N12.12 Trillion at an exchange rate of N199/$)
Nigeria’s total debt as at June 2019 stand at ~$84.3bn (~N25.7 trillion at an exchange rate of N305/$).


Now this simple information above can be weaponized by politicians and swung in virtually any direction:

PDP Argument: "Our total debt was N12.1 trillion in 2015 but PMB has more than doubled it to N25.7 trillion in 4 years."

APC Argument: "Our total debt was ~$61bn in 2015 and it's only ~$84.3bn now; we added only $23bn even at a time of low oil income, however our loudest critics (PDP) added $28bn to our debts between 2010 and 2015 and also depleted reserves despite high oil price."

...and the arguments continue, and the people fail to ask questions but just swallow words of their favourite politicians.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 7:07pm On Dec 03, 2019
NGpatriot:
[s][/s]



BMO is the official Budget Management institution in Nigeria with credible and valid data regarding Nigeria's debt profile, not a faceless blog site.
Lol... BMO is actually Buhati Media Organisation... grin
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 7:06pm On Dec 03, 2019
Awoo88:
Their lie of 63b had been debunked several times. Yet Buharideen and APC will keep pushing thus lie by the lying pastor for zombified persons to argue with
I actually found out just recently that the $63bn figure is absolutely true. Naira and dollars arent the same thing, people should learn to stop comparing apples and groundnut.
PoliticsRe: Buhari Inherited $63bn Debt, BMO Tells Atiku by obailala(m): 7:03pm On Dec 03, 2019
Racoon:
shocked shocked Chai! Liars! Fraudsters! Scammers! Data from same DMO office
Dollars and Naira are the same thing right?
PoliticsRe: How Amaechi Coerced Chinese Firm To do the following for Nigeria by obailala(m): 2:40pm On Dec 03, 2019
Racoon:
https://www.premiumtimesng.com/news/headlines/273714-revealed-full-list-of-public-officials-who-hijacked-ccecc-railway-scholarships.html

And of course,the afore are the beneficiaries of the so called scholarship Rotimi Amaechi forced the Chinese firm to award to "Nigerians."Amaechi as usual of anything APC has lies richly engrained in their DNA.
Amaechi said: ”Today as I speak, 60 of our children are in their second year and we thank CCECC and 90 are on their way to China this week, making it 150.”
Yes Amaechi is a chronic shameless liar; only children from South Sudan, Cameroon and Chad were sent for training in China.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 11:52am On Dec 03, 2019
Cherez:
Obailala, after this I speak no more.
Can you grow apple in Nigeria?
Same mango might not grow here without certain conditions.
Gene's for most crops and Animals has been sequenced and properly mapped, there are databases for it.
Albeit, going to the lab doesnt mean re-inventing but like a production machinery using a template(here the genetic mapping for such needed trait).
If you need the German mango, why go import a container of it?
Just profile one seed, get the info here, multiply it and even improve on it.
We only need to access these databases and do the needful if our govt is serious but no, they want a bogus contract oversee hard to trace fraud.
How many country buys improved seed?
Now you know countries buy improved seed and not also buys food items?
Now you keep going back to the import you so resented?
Oga, I am not a dunce who doesn't know that most apples or some other fruit varieties cannot grow in Nigeria. So when I say "get a seed and plant in Nigeria", isn't it obvious to you that I'm referring to something that can actually thrive in our environment?

You see the bolded part of your message above? That exactly is your problem; you so far have demonstrated an inability to differentiate 'seed' (raw material) from a fruit (finished product), that's why you keep referring to 'seed' as 'importing containers'. If I want 100 mangoes (finished product), all I need is 1 seed (raw material) to grow a tree, not a container of mangoes (finished product). It only makes economic common sense to go into genetic mapping and whatever if the kind of mango I want cannot be grown in Nigeria.

Your reasoning is what happens when a person becomes too educated and wants to show off 'intelligence'; instead of fetching water from a tap or stream to drink, you want to go into the lab to synthesize Hydrogen and Oxygen to create drinkable 'dihydrogen monoxide'.. I greet you grin
PoliticsRe: Amaechi: No Apology For Siting Transport University In Daura by obailala(m): 11:20am On Dec 03, 2019
Davinity:
What a puppet... I wonder how people foolishly call this man a lion, like the people of Ubima though
One person above called him 'southern slave', this one is calling him 'puppet'. What is wtong with siting an institution in Daura and how does that make Amaechi (an appointee/employee of the president) a slave or puppet?

If he's a slave/puppet, what does that make you?
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 1:53am On Dec 03, 2019
Cherez:
None of what you said was my point.
My point was take a permanent and more sustainable way out.
You import the seedlings today and they create another one after 1yr and you still require it while they play you like electronics & phone companies who keep feeling out new phones yearly?
Since my birth, Naija has been buying distributing improved seedling, oga to what end?
My point is, go to the lab and produce seedlings specific to your needs.
Go and study lots of journals on diseases and you find out that malaria isnt a focus cos it is not Oyinbo man's problem but the black man could have gone far with malaria if they had such labs tapering research to their specific problems.
See, before you move those seeds from Brazil, a professional with the right gene mapping would have give you better results with our existing plants.
I didnt say our scientist shouldn't work on developing new improved seedlings when needed, but if an improved variety already exists, what's the wisdom in re-inventing it? Every country buys improved seeds so what's wrong if Nigeria does same? There's no wisdom re-inventing what already exists.

If there's a special type of sweet mango in Germany for instance, if we need this mango variety in large quantities in Nigeria, the economic and commonsensical thing to do is to take the seed from Germany and grow the tree in Nigeria. You don't need to start the engineering process afresh for something that already exists; you arent trying to impress anyone. That effort can be spent engineering something else.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 11:59pm On Dec 02, 2019
Cherez:
Guy, here is a screenshot of my point that you tone a good seedling but in it's natural habitat.
Like I've said, your point is to win this argument but my aim isnt to but grind out facts.
You just talk out of fact.
See, in plain words; you dont need the seeds.
With the right equipments and the knowledge of the epigenetics(the structure of a genome based on silenced & active gene sequenced) of a particular genome for a specific trait, I could get you a seedling of a desired trait without even seeing the parent seedling, all that is required is gene mapping
Kai!
Now, is it not better that we have people in a national lab that farmers can always send recommendations of seed types they require depending on their soil structure, type, climate & other bioconditions?
It may not necessarily be re-inventing but further development.
Our thoughts on this are in the parallel as I never agreed with you.
Developing a seed that can grow in oil-spilled places is also an area of research where lots of inventions can happen.
A simple analogy for you is the phone company; you dont claim you wanna import phones cos you dont need a factory(lab) that produces phones(improved seedlings) cos it seems as if you're re-inventing phones (seedling technology).
That phone company even make phones in Hausa or other languages or even make phones that dont get too hot suiting our weather as further improvements.
Quit this re-inventing word you misuse
My point was simple - we want to produce a particular kind of nutritional grass variety that could help improve livestock production. There are 2 options:
1. Take the seedling from brazil, and plant it widescale in selected reserves in Nigeria, thereby producing as much quantity as we want here at home (this is just the same way Malaysia and Indonesia took palm seeds from Nigeria some decades ago and are now producing more palm produce than we).

2. Go into the lab and start doing bio-engineering to produce the already existing seeds.

You said Option 1 wasn't economical, but I disagree with you; Option 1 is clearly the more economical approach to producing what we want in a short space of time. I didnt say it wasnt a good idea for our scientists to work on improving the varieties later, but in the time being, the more economic and time friendly approach was to take an existing seed and plant it.

You obviously keep sounding as though the grass is to be imported for consumption, NO the seed was to be imported for planting.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 9:16pm On Dec 02, 2019
Cherez:
Lol!
One funny thing I learnt as an undergraduate is this; do not doubt in others what you are incapable of.
But I'm not surprised you still have the mentality of your leaders whom are so blind to inputs novel to them.
Machine ke?
Oga, a room is enough to do all these. Gene transfection wont take you much.
If Innoson a non-graduate could do it, you can.
I personally know so well about GM foods and I tell you, it is no biggie. This lab shouldn't take upto 500million and can be used to develop all other seedlings and even animal husbandry.
Keep recycling your old mentality.
Btw, I explained to you before that no matter how good the improved seedling imported is, you need to harness it to adapt better to your own changing environs; it is developing an invention and not re-inventing. Moreover, inventions are unlimited and there are more lands to cover in biogenetics.
Bros, pity yourself spilling this gibberish naaaaa.
If you know nothing about sth, be humble enough to be schooled or go search for it.
Na so una dey Rwanda get phone factory, soon na Ghana una go import seedlings from.
These technologies are no biggies, just give the younger generations instruments to play around these things and you'll be amazed at our progress. But NO your retrogressive mind wont understand it but keep supporting what you lack understanding of.
Oga, go and sleep but before you do go find out about IITA, get schooled.
Our govt can partner with these guys or even develop state specific institutes
With the bolded part of your post above, you've shifted the goalpost by agreeing with me that it makes no sense to re-invent what already exists; it only makes sense to 'improve' on it. For you to improve or 'harness' something which already exists, wouldn't you acquire it first?

From what I gather, you claim it was "backward mentality" for Nigeria to buy for example, the flood resistance rice variety which has facilitated the rice cultivation boom in the last 6 years? Your point is that we should have developed or "manufactured" the improved seedling from scratch, and that is probably what will make us a modern society. Oga, no modern society re-invents what already exists, especially in agriculture - it would be pointless and in fact silly. Agriculture is different from manufacturing, so stop this your innoson example, Innoson is producing cars, not 'inventing' cars. In agriculture, the way to produce is to stick the damn seed in the ground.

Stop trying too hard to win an argument that doesn't exist man. Like I said in my original post which you initially disagreed with, there is absolutely nothing wrong with buying improved seedlings to cultivate in your farm. If you want to later improve on it through bio-genetics or bio-engineering, that is a totally different kettle of fish, a different topic of discussion here.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 5:26pm On Dec 02, 2019
Cherez:
Bros, you really need a closure.
You started real good but I give up on your mediocre thoughts.
So you believe buying at a subsidized cost of N10 is worth more than owning the production machinery?
Kai, bros lower your ego and learn.
You are against import yet want to remain a consuming economy?
Na so people like you think to manufacture & restructure cars na rocket science until IVM & Proforce proved you guys wrong.
Decades of cross breeding?
Oga, those seedlings are genetically engineered crops (just google monsato & other like companies) and with the technology resident in Nigeria you dont have to keep buying the seedlings but keep improving yours and even export.
You just understand export/import on the surface; import knowledge at a lower cost and develop it into products of export.
You ain't stable with your philosophy; against import but for it
Hahahaha... So you think you can just get a machine and start manufacturing improved seedlings overnight? You think say na robot or vehicle you dey produce? This man thinks it's all about genetically modifying a seed in a lab. Funny!

Oga, there is no economic sense in re-inventing the wheel; go and educate yourself and stop embarrassing yourself with these arguments. There is no sense whatsoever in re-creating what has already been created, unless you want to improve on an existing creation. All you need do is to pick that which has been created and reproduce it, or you can improve on it if you need to; no need to re-create from scratch. In agriculture, the simplest way to do this is to take an engineered seed and stick it in the ground to produce 10,000 engineered seeds.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m):
Cherez:
...
Total debt stock of over $65bn as at May, 2015?
Bros, softly with these lies and figures you cook up. See (https://www.google.com/amp/s/www.thecable.ng/nigerias-debt-profile-risen-n5-4trn-buharis-govt/amp).
You extrapolated a point to justify a whole system.
I wasn't really wrong when I said total debt stock in June 2015 was ~$65bn. Go back and read that report you posted again, it says the total debt was N12.12 trillion. In June 2015, the official exchange rate was N197/$, that makes the N12.12 trillion roughly about $61bn.

May i tell you something interesting? There's no doubt that our national debt is disturbingly high currently, but the way the whole world blames it on Buhari lately is total political bull crap and just a result of sensational/irresponsible journalism. In dollar terms, PMB has borrowed as much as his predecessor. But when you convert it to Naira, it gives you a shouting headline "12 trillion to 25.7 trillion in 4 years!!!" The exchange rate differentials between 2015 and 2019 is the reason for this popping headline. If it's all in dollars, PMB met a total debt of ~$61bn and the total debt is currently ~$83bn (or even $71bn if we convert with N360).

A lot of people misunderstand the debt statistics due to our irresponsible journalism.

Even the dollar explanation you gave is flawed cos truly GEJ messed up but PMB has a lot of blame to take for it due to his bad policies, delays in action and being selfish.
We all agree that PMB flopped in handling the forex crisis in several areas, but by saying that my dollar exchange rate analysis was wrong, are you by any chance insinuating that the Naira wouldn't have also crashed if GEJ was to have continued in power?

The oil price crash officially began in mid-2014. Are you aware that between September 2014 and May 2015 (when GEJ left), up to ~$10bn ($38bn to $28.6bn) was withdrawn from the foreign reserves to defend the Naira from crashing due to the falling oil prices (I can direct you exactly how to verify this info in the CBN website if you desire)? Are you also aware that as at May 2015 when GEJ left with his team, oil price was still over ~$60/barrel? So despite the fact that ~$10bn was used to defend the Naira in this period and despite the fact that oil still sold for above $60/barrel, do you recall that the Naira still crashed from ~N160/$ to about N230/$ in the parallel market before GEJ left office? This was even with GEJ's 'powerful' economic team.

So if GEJ's 'powerful' economic team couldn't stop the Naira sliding down despite the over $60 oil price and ~$10bn pumped in from the reserves, let us be very very very very very honest here, what magic did you expect a dullardino Buhari's own team to perform when oil prices even crashed further to as low as $28/barrel, and when the reserves were critically low to permit further withdrawals (i.e. zero funds available to defend the Naira)?
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 4:06pm On Dec 02, 2019
Cherez:
Lol, permit me to say you're the one with fake statistics.
First the reserve didnt drop to about $28bn like you posited but to above $30bn(https://www.premiumtimesng.com/news/headlines/194156-nigerias-foreign-reserves-drops-to-30-04bn-cbn.html)
Bro, does May 2015 and November 2015 sound or look alike in your ears or eyes? How can you provide a news report saying "$30bn in November 2015" as your evidence that my May 2015 figure was wrong?

Meanwhile when I mentioned $28bn was in the reserves, I was only giving an approximation based on what I recall, not exact figures. But since you're trying too hard to play smart, the exact figure as at May 29, 2015 when PMB took over was $28.6bn. Thank you very much for the link you provided, you saved me the energy of googling anything cos that very news link you provided actually mentions $28.6bn (see screenshot below), but because you obviously were in a hurry to respond, you read only the report title (as typical Nigerians do) but couldn't be bothered about the actual content of what you posted; shame!

PoliticsRe: Keyamo: There Must Be Penalty For Posting False Information On Social Media by obailala(m):
LabDNA:
If 'hate speech' were to be in effect more than a decade ago, you will still be languishing in prison.
Why will we all be in prison? did you post any false or misleading information that led to the death of anyone?

Don't know about you, but I for one will not be in prison cos I dont go about irresponsibly spreading deadly falsehoods which can cost lives.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 1:59pm On Dec 02, 2019
Cherez:
Lol
So, why not import the knowledge which is far more cost saving than the grass?
Mehn, think ahead.
Importing those seedlings is to what end?
Have they not been doing that?
No matter how good a seedling is, you can only tone it to it's natural habitat.
Improved seedlings are finished products of a processing unit.
Lol... you must feel an inner push within you to just oppose and criticise everything right?... You want to re-invent the wheel abi?

Do you know it could take decades of breeding and cross-breeding to produce for example, a flood and pest resistant maize seedling? Not to talk of the possible millions spent in the research and development. Now the improved seed is in the market for N10 from Agric ministry, but instead of simply buying and cultivating and getting a bountiful harvest within 2 months, you want to spend probably 10 years 'making' your own version of the improved seedling because you think you are doing who? grin
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 11:28am On Dec 02, 2019
lexy2014:
Where were d imported grass seedlings eventually cultivated? How far have Nigerians benefitted from these "improved seedlings"?
It was part of the plan when they intended to establish 'grazing reserves' I believe. The idea was to get improved seedlings (just exactly as was done for the flood resistant rice variety) and then grow them in Nigeria (in the grazing reserves). I dont think the plan went through because the grazing reserve initiative itself was roundly rejected.

It's just annoying reading people still twist the story even in 2019 saying they wanted to import grass to feed cow; heck! we know the govt is unpopular, but how exactly is peddling false and twisted narratives the best way to criticise govt?
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m):
lexy2014:
D period under review in d article is November 2018- November 2019. D "core culprits" u mentioned, crude oil price and exchange rate, don't justify a 2001% increase in d space of one year
What exactly increased by 2000%? I dont think I understand what the reporter meant by 2000% increase. I assume it's either a mistake or a deliberate attempt by PUNCH to mislead the public with a screaming headline to attract readers; Nigerian journalists are notorious for this.

Modified:
I just did a quick google search and the first result I got on 2018 subsidies was this report below from PREMIUM TIMES saying NNPC incurred under recovery/subsidy of N65.9 billion in November 2018.
https://www.premiumtimesng.com/news/headlines/302848-fuel-subsidy-how-nnpc-incurred-over-n623bn-cost-in-2018.html

PUNCH today reports a contrary figure of N2.87 billion, which apparently means it increased from N2.87bn in Nov18 to N60.37bn in Nov19 (i.e. the 2000% increase). Oil price in Nov18 was ~$60 and was ~$56 in Nov19. Which of these set of figures do we follow? PT or PUNCH?

You see what I mean when I say our journalists are as useless as our politicians when it comes to screwing our heads? Journalists know Nigerians only read 'sweet' headlines.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 9:20am On Dec 02, 2019
Cherez:
The way you guys support evil in your country is thrilling, honestly.
Imagine what you typed up there.
Reserve dropped?
Oga balance our debt with reserve as at today?
That's why volume of oil bring subsidized doubled in 5yrs even with border closure?
But same govt almost imported grass from Brazil and your oga and his colleagues keeps packing away our dollars for foreign medicals.
You absolutely have a very weak point.
Yes it is wrong to import like Naija does but have our leaders led by example?
Even their wears are all foreign and they keep traveling abroad always.
No be abroad Zahra & her siblings go school?
Cos rice is the common man's food?
Can we start import restriction from ostentatious goods?
Criminal elites
Did Nigeria's reserve not drop to $28bn in May 2015?... At that same time, was the country's income not at an all time low? Did Nigeria not have a total debt stock at that same time in 2015 of over $65bn? Debt and reserves (which is more like cash-in-hand), are they the same thing in your understanding of economics?... Please I desperately need an answer from you, what exactly is your point?

I corrected some flaws in a person's argument and you jumped in from nowhere attacking me and saying I'm defending a bad government. But by dishing out fake statistics, poor logic, and/or ignorant comments, how exactly is that the best or noble way to criticise bad governance? Doesn't that make a person even as useless as the useless government being criticised?... Whatever happened to criticising with sound logic? Is tha beyond your capacity as a human?

Like I said before, I wasn't holding brief for any of our useless leaders; I was only trashing some false comments laced with twisted logic. If simply putting out facts or correcting an erroneous belief is what you call 'defence' or 'support' for a govt, then so be it.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 8:58am On Dec 02, 2019
Cherez:
...But same govt almost imported grass from Brazil ...
Hear me and hear me well! There is absolutely nothing wrong with importing improved seedlings for cultivation in Nigeria. That is what happens in modern agriculture practice all over the world. For months, it was explained and re-echoed that it was grass 'seedlings' for cultivation, but compulsively ignorant fellows continued to twist it saying Nigeria was planning to import grass to feed cows. If you choose to fall in this category of humans peddling ignorant rubbish even till 2019, enjoy yourself.
BusinessRe: Petrol subsidy increases by 2,000% in one year by obailala(m): 8:44am On Dec 02, 2019
Cherez:
But same govt almost imported grass from Brazil and your oga and his colleagues keeps packing away our dollars for foreign medicals.
You absolutely have a very weak point.
Yes it is wrong to import like Naija does but have our leaders led by example?
Even their wears are all foreign and they keep traveling abroad always.
No be abroad Zahra & her siblings go school?
Cos rice is the common man's food?
Can we start import restriction from ostentatious goods?
Criminal elites
The only descriptions I made about our leaders in my earlier post was that our leaders were 'useless'; I didnt exclude anyone, I wasn't holding brief for anyone, I never praised anyone in my post. So you cant blame me for your poor comprehension of my point of view.

I was only explaining the reason why Nigeria was still paying subsidies even though pump price had been increased to N145. After mentioning the Naira value crash being the primary reason subsidy was still being paid despite N145 pump price, someone dropped a crude political explanation as the reason for the Naira crash. My last comment which you quoted was me trashing the fellow's shallow Apc vs Pdp political explanation.

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