₦airaland Forum

Even though he engaged in corrupt practices under Jonathan , the reasons all the clowns are giving for his sack is not tenable .
Someone as tainted as him can be used to forge a new direction for the country and that is exactly how Buhari is using him .
Our factories must come back to life.
Private jets and oil block billionaires without a single place of business must drop down several rungs of the class ladder .
Banks must fund local investment rather than commerce anchored on importation.
China , America and the rest are not friends in the market place but adversaries .
Emefiele must stay for as long as he is useful.
That is not to say that the government must not intervene in the market place .

Like i said before , states must be given the power to generate and supply electricity to industrial estates .

The government should look at buying up excess food rotting away in the farms and flooding the market to drive down the price inflation , caused by clueless illiterate. ( tomatoes seller claiming that dollar value has gone up )

If you refer to PDP as opposition, you should start calling them criminals.
There is a need for a different kind of opposition .
One based on knowledge,right thinking , truth and competence.

Go through that Yoruba commonwealth thread, there are many of them there.
Most of them are reluctant to come back and work with zombies.

My guy you dry fall my hand o.Apple IBM where dem no fit do tomatoes, pepper and petrol? ( just joking ,I understand the context).
Most Nigerian want instant gratification. That is why their politicians reduce them to rice , noodles, sewing machine and Okada during elections.
They are also good at sowing the seed but reluctant to pay taxes, fees and levies.
There is a need for a need kind of elite.
Elite prep , elite grooming , elite thinking and elite patriotism.
Give them a choice between the future and stomach and they will choose stomach all the time

After how many days .
The media team must have been on holidays

This guy's charge should not only be corruption ,
They should throw the entire book at him

1 murder
2 attempted mirder
3Accessory to murder
4 Assualt and battery for the beatings
5 Bribery and corruption
6 misuse of office
7 conspiracy with intent to defraud.

SMH.
I saw this on Twitter in the morning .
This is how to destroy people's destiny .
Someone want to help but he has to pay to render help.
Anyway , the heat is on .

These are the people I want to listen to when talking about government economic policy.

My suggestion.

Give states the power to build power stations and supply industrial estates directly .
You can achieve this by building industrial parks and clusters to ensure that only a few points of distribution

rozayx5:
so 10 months later, what are buhari agric policies?

he is overated to you cause you know nothing about devt than chanting sai buhari all over this forum

I have little hope for smallholdings in the agricultural sector.
When they talk about farmers under the Nigerian agricultural policy , they mean the likes of dantata and obasanjo farm .
You can check how much those big elite get from the government annually
Audu Ogbe is a fossil. Maybe he can pull a rabbit out of a hot but I doubt .

Orikinla:
You really need to buy yourself a brain, because your ignorance is appalling.
[size=18pt]
eWallet has 15 million subscribers.

On the demand side, the key was making fertilizer and seeds affordable enough for smallholders to try. So we instituted a 50 percent subsidy, with the idea that farmers would fund more and more of their purchases over time. Subsidies are not new or radical, but we innovated by creating a new and radical delivery mechanism: the eWallet program. We knew that there were 130 or 140 million mobile phones in Nigeria, so phones seemed like the most efficient way to reach millions of farmers. As a side benefit, the eWallet program helped us make contact with farmers, which not only gave us more information about the population we meant to serve but also gave them a means to communicate back to us over time. Yes, eWallet was about delivering fertilizer and seed vouchers, but it was also about building a platform for interacting with millions of once-inaccessible smallholders in the future. Recently, we started using the eWallet platform to deliver other benefits, including vouchers for nutritional supplements.
Some critics said we were crazy for using mobile phones to try to transact business with people who could barely read or write. But we knew that they were already using their phones to arrange for remittances from relatives in the cities, which told us that they trusted mobile communication more than most government institutions. Our priority was to make sure that the mobile phone interface is translated into local languages. Now, eWallet has 15 million subscribers. I am especially proud of the fact that several million of those subscribers are women farmers, who have historically been neglected by agricultural programs.

The eWallet program helped with demand. If farmers were going to start purchasing fertilizer and seed in large numbers, though, we needed to make sure the fertilizer and seed was available, so it was critical to address the supply side, too. The problem was the lack of capital for agricultural start-ups; the solution we hit upon was easier credit. The ministry of agriculture collaborated with the Central Bank of Nigeria to create a new initiative to share risk with banks and encourage them to make more loans to agricultural businesses. With a little more assurance, banks have increased their lending to the agriculture sector from roughly 10 billion naira annually to in excess of 40 billion naira.

- See more at: http://www.nigeriansreport.com/2016/02/agriculture-can-get-poor-farmers-out-of.html#more[/size]

Read again .
Learn to crawl before attempting to fly .
Ewallet ko epassport ni.
Your ewallet is only as good as the phone you used to type it.
You can achieve the same with a $70 Microsoft Access database rather than a multi billion naira platform .
Meanwhile,Nothing is filtering to the farmers on the ground and the hardest part of farm work remain the same.
Will your ewallet get the youths back to the farms to replace the aging farmers?
How many extension workers are included in your ewallet?
Go and speak with the farmers on the ground or start a farm .
It does not take rocket science , Preparing the land is the hardest and longest part of farm work . This is what kills the farmers. Farmers are ready to buy seedlings and pay premium price for fertilisers from their income .
The biggest cost to the farmers is the effort/ labour required.
The biggest impediment to getting people back to the farm is the extreme hard work required.
Why go chasing after lapalapa when na leprosy dey worry you .

Packaging material for pure water ?
Eleme petrochemical is supposed to take care of that . Polymers and all ;with potentials for hundreds of associated factories feeding of it ,manufacturing all sorts of semi finished and finished goods and supporting hundreds of thousands of job.
I guess the " witches " are preventing that from working as well.
Nigeria has a civil service , business elites and political elite problem .

I have dialled down my respect for him.

I always thought he was a developmental economist .
Until I realised he is a theorist with a globalist Neo liberal bent .
I am still looking for an economist with the nationalist , Afrocentric ,patriotic bent of Awo , Thomas samara ,Gadaffi , Nkurumah etc .
Nigeria's foreign reserve is consumed by

1 politicians stealing money or spending on luxury
2 Business elites lodging money in offshore banks
3 foreign companies and individuals repatriating their profits( airlines , telecoms etc)
4 local companies importing raw materials that can be sourced locally
5 Traders importing stuff that can be manufactured locally
6 luxuries by the middle class and upper classes

What does pat utomi have to say about a sound business proposal from say, an intelligent nairalander ,who wants to start a tooth pick manufacturing business and the person offers the bank a stake in the business.

Would devaluation make the Nigerian banks give that person a loan?
Nope , they would rather give a loan for importation .
All the devaluation talks does not deal with the real problem . The structural problem with the economy or non economy.
That economy works for a few ( for whom utomi is carrying a bag ) but has never worked for 99% of Nigerians .
Even if oil prices goes to $500, the wealth of the elites and the people lucky to have a job , will increase while the masses will continue to suffer .
If government policy is built on creating billionaires and not a middle class , nothing will come good .

Ikoyi solutions to an Ajegunle problem
American solutions to a Nigerian problem.

This guy is seriously overrated.
Telephone for farmers. Phones farmers never saw.
Rice scam for politicians ,who got rice import licenses for farms , that produce invisible rice.

How about a tractor per village cooperative for our aging farmers , who are still bending down with cutlasses and hoes?

rosalieene:
Lagos Government officials going about locking
peoples' gates and houses, God is watching you
people. keeping on trying to extort money from
people all in the name of Lagos state waste
management scheme. Lagos state government,
Our envoirment is ok by us and we didn't beg
you people for anything. We know how to
manage and take care of our waste. especially
now that the economy is hard!! haba!! Keep on
extorting money from the poor masses. The rich
keeps getting richer the poor keeps getting
poorer and they would say Lagos state
government is working. Some people have not
seen food to eat yet you want them to pay an
outrageous bill.
I don't know if this is hapenning in other places but they virtually locked up most houses in victory estate,Iba,Ojo LGA. this happened between last Friday and today

I think you belong in a village.

My guess :

1 you have an incinerator somewhere to get rid of the waste.

2 you have people employed in your house hold to get rid of diseases caused by improper waste disposals

3 You have doctors on call to take care of Lassa fever and cholera


Right there is that sense of entitlement,
lack of knowledge of their civic responsibilities
Refusal to pay taxes.

Guess what whether Nigersins like it or not , whether they pay or not , those taxes will be collected one way or the other .
A substantial chunk has already been collected ( look below)

Nigerian life expectancy: 52 years .

Let me put it in easy language . A Nigerian can expect to live no more than 52 years . Anything extra is a bonus .
Look around , guess the age of the people around you , subtract that age from 52 . Thospwople are likely to live no longer than the result .
If the person is 30 years old , he most likely has 22yrs left .
He is middle aged already and has lived the best part of his life .

NextGovernor:
APC and lies. This house non reach 100 million from the pics I am seeing

Are you sure that land alone ,does not cost that much?
Abi you thinks say land na beans for Ibadan?
Land goes as high as N250 million in some parts of Ibadan .
What is/was his income before and after he became?

LOOTED FUNDS RESERVES.

I like that guy who coined that phrase.

keally:
. Which one is in Akwa Ibom? Get your facts right. There is maritime Academy in Oron, Cross River State. It does not award degree but diploma. They have different goals and objectives. People go to either Ghana or India for Degree in Maritime studies.

My mistake cross river , the point is still valid though.
Then Upgrade and fund adequately.

Tourism ?
Learn to crawl first .
That guy has already given you the list why it is impossible.
The only way Nigeria will ever be able to build a tourist industry is to build secure islands of sanity ( like Eko Atlantic) where Nigerians are banned .
E.g Sharm el Shiek is off limits to most Egyptians apart from essential workers.

The NW is a tourism goldmine but that their sharia thing means it ain't gonna happen .
The NE is naturally paradise on earth ;Boko haram.
Niger delta is beautiful and is one the most inhabited swamps on earth ; Militants

Maritime university is a waste . They have not adequately funded the one in Cross river properly yet, they started building another one .

THE PROBLEM WITH NIGERIA IS NOT THE FOREIGN RESERVES . THE PROBLEM WITH NIGERIA IS HER PRIORITIES OR LACK OF.
Indonesia under Suharto was equally very corrupt but what did their corrupt official spend the stolen money on ?
What did they spend the money they did not steal on?
Did they carry their beggar's bowl around the world asking for help or foreign investors?




Scarce resources( whether private or public) are spent on luxuries or the wrong stuffs .
When I called out the consistent waste of money on Abuja ( a place that does not and has never produced any wealth ) and comparing it to the modesty of Canberra Australia ,I was criticised. some people will never understand the concept . The concept is so simple . Will you keep investing money in a business that does not return a profit .
Canberra was built to complement Brisbane , Sydney Adelaide.
Apart from a few government buildings , no further development was forced or had tax payers money wasted on it . It grew organically .
In Nigeria's case , a significant chunk of capital spending ( I won't be surprised if it approaches 40%) has been wasted since the 70's , forcing development on the place . Yet , Abuja Is still not producing any wealth.



From the leaders to the little man on the street .
I see someone about to be a guest of EFFC.
Unemployable people always have a way of getting right to the top in Nigeria .
A couple of weeks ago , I made mention of the fact that Nigeria suffers from a dearth of competent managers.
Those with good management skills never get to the top
If you look closely at the likes of Dangote and Globacom man , the critical department in their businesses are manned by expatriates. They employ Nigerians in positions where they cannot cause damage.
I have read many articles from Nigerian economists.
Most of them have been arguing about the theories. None of them have been able to answer my question .
How much does the social implication of official devaluation cost ?

1 How would the increase imported fuel prices from official devaluation affect the entire economy .

2 Most Nigerians have never seen a dollar bill in their lives .Their entire existence is based on locally made items . Food is about the most important thing on their worry list . Of what benefit is devaluation to these people .


3 Civil servants and minimum wage earners will see their income halved . based on the locally manufactured items they buy on a daily basis .


I have no time to type more but ,

Nigeria seems to have a 2 track economy .
One that works for the wealthy and politicians and the foreign powers that control them , and the other economy which does not work at all , come rain,come shine , for the masses .
Nigerian elites have had it so good that they want the gravy train to continue even if it keeps impoverishing the people .


I insist that Buhari must not listen to them ,
You can tell a banana republic by simply looking at the country's list of imports ,and comparing that list to the country's list of natural resources .
Almost all the Asian tigers have little or no natural resource , import raw material and machine ,machine tools and export finished goods . Nigeria on the other hand ........
As we speak , they are not asking for a change of behaviours , they are asking for devaluation ( as if that will improve the underlying problem .

All the brain-dead governors always running about for foreign investment and who keep handing construction contracts to foreigner (as if those people will not remove the money from the economy later) , Can anyone tell me how long it takes to train and equip the youth to handle such things .
It is only in Nigeria that the youths are not good enough , Nigerian engineer abroad all seem to be getting the job done .

excel101:
. How does a mere video interview got to do with comparison. We're tired of this rubbish, how does it correlates to performance? What about if their laudable economical blueprints doesnt affects the economy positively. These are all trash, we need results not grammar.

Because Kemi indicted iweala right there .
How can you be a finance minister and not care about revenue being looted in government agencies.

LRNZH:
Thank God he does not see Devaluation as the solution as some have being clamouring for.

Blame who you want but let's focus on the right issues.

People need to go and read about the Greek crisis.
about how investment banks colluded with corrupt government officials to leverage the country to death.
Many aspects of the Greek financial crisis are similar to Nigeria's

At the end of yet another discouraging and fruitless day checking his computer (MADE IN MALAYSIA), Mr David Ahmed Okoro decided to relax for a while. He put on his slippers (MADE IN BRAZIL) poured himself a glass of wine (MADE IN SOUTH AFRICA), while fiddling with his mobile phone (MADE IN SOUTH KOREA), and then wondered why he cant find a good paying job in NIGERIA.


The writer of this did a great job clowning dummies. How come he cannot find a Nigerian job.

Much ado about nothing .
Compare the SW to some region in South Africa ,Malaysia or Indonesia and not societies evolving at the speed of tortoise

Why have they not treated this man issues yet?
$199 for these
Blue band magarine ,Coca-cola, dangote Cement , Dudu, soap , innoson, aba shoes , tractors etc

The rest can enjoy devaluation with fayose.

LRNZH:
In fact, this is the link I was looking for. Thanks for making my point.

Look at the bolded. She cleaned up Ogun State's books. Even The Economist (TE) admitted that.

Now ask yourself why TE thinks she's poorly qualified? We are guessing it's because she has not worked in a Bretton-Woods institution like the World Bank of IMF. That is just westerners believing that only themselves understand Economics. Did the Chinese rely in any of these Western country to grow itself?

Let us not allow inferiority complex direct our thinking.

In other words , they do not like the fact that Buhari is not allowing our money to fly out of our coffers
A hit job .
It might interest you that they said almost exactly the same thing in 1984.
However 1984 happened to be the only year in the 80s that Nigeria was able to pay for all her imports without borrowing from foreign banks

jamesibor:
Yea, Nigeria is ticking along fine......

Yes you can blame Obama for bush's mess .
We lost close 200000 construction jobs in 2014 ,
Over 150,000 banking jobs in 2011 at the height of a boom .
I repeat , we are ticking along just fine . The country is caught up in the tail-wind of Jonathan/ Iweala mismanagement and corruption .
Once we exit the tail wind, you will see what real growth means

Oil , Oil , Oil.
Nigeria has a serious problem .

dukie25:
And Kemi has done wonders since assuming office abi?
I know which finance minister I prefer at this time of oil glut.

Well oil is down and Nigeria is still ticking along just fine
States are getting their money even if it is not up to boom era money .
MInd you, by the time oil was selling at $80 a barrel , madam Ngozi had already completely lost control of the economy .
The government was bleeding and dying of a thousand cut.

baby124:
It looks like NOI is not happy going back to being a regular employee. After all the paparazzi. The desperation from her goons is hilarious. Is minister of finance NOI's father's throne? Kemi is there now, move on. When we had a windfall what did NOI do? How did she invest the FX we had? How did she do due diligence to make sure budgets were being implemented and making the necessary impact on the economy. Where are the indicators of plans she made as minister. If she did any planning, we will not be where we are now. So let her enjoy her new job as a regular employee, instead of a power hungry troglodyte

whose idea was it to hand dollar debit card to Nigerians?
The country does not want to learn how to crawl at all

dukie25:
Obasanjo recently said he wanted NOI to be Buhari's deputy. If you Ieave tribe outta it, you'd realise Kemi is poor man's Iweala.

Obasanjo is a Neo liberal capitalist . Proper proper far right in term of economics . Iweala is the same
His entire existence is based on keeping Nigeria one and the structure of the country the same by playing silly silly selection games to assuage tribal feelings .
His economics is top-down with him and his friends at the top of the pyramid .
After Shagari , Yar Adua and Jonathan , take obasanjo's judgement seriously , at your own risk.

sexy74:
i respect your argument, but she should have corrected her self .
having superior argument does not mean the answer to 16+6 should change.
thank you.

Watch the full videos . The rest is pettiness , corruption fighting back and tribal politics .
This edited crap came from the same idiotts led by Omokri on whatapps whose entire job on Twitter is to trend falsehood , misinformation and cause ethnic disunity.
When Obama goofed about America having 51 states ................
Have you considered money not from budgets or revenues . Like grants and awards from international organisations. M
If the signal you are picking up is the maths and not her philosophy, then you deserve Nigeria as it is .
For me , this is in line with my ideology , my values and my idea of how governments should be run .
No civil servant should take more than his monthly pay check .