Any reasonable human being should be aware of the fact that to build is painful...we must bear this pain to enjoy later Is Tinubu the one who sold your crude Oil in advance? Is Tinubu who borrowed money and plunged the Nation to debts?
The Naira must further be devalued to reflect it's true value...this is the only way to attract investors and have a stable economy. Those of u crying because Tinubu is not your tribes man can go hug transformer. Bunch of ingrates
we must bear the pain but 500 million have gone to committee just like that, you and your whole generations are fools
omohayek: Where exactly was Tinubu supposed to get the money from to "put in place to cushion the effects"? You already read that the reason Tinubu was forced to (partially) remove the subsidy in the first place was because the FG could no longer afford it! Did you not bother to read where Sanusi said debt servicing was already eating up nearly 100% of government revenues?
The harsh reality is that Nigeria is broke, and international interest rates have skyrocketed since Buhari went on his 8-year borrowing spree. Nobody was going to lend money to Nigeria to squander on a foolish subsidy scheme whose biggest beneficiaries were smugglers and the citizens of other ECOWAS countries. The only other source of funding left without raising taxes is simply to hope you can print more money faster than people can demand higher wages and "palliatives", and this attempt to paper the cracks through printing more money is what is causing the skyrocketing inflation we are seeing right now.
There is no magic wand that could have prevented hard times from befalling Nigerians. If Xi Jinping in China and Joe Biden in the USA can't shield their people from higher interest rates, it isn't the president of a dirt-poor Third-World country who can manage the feat. Nigerians would still be facing hard times right now even if Tinubu and all his cabinet members had Nobel Prizes in economics, and neither Obi nor Atiku could have done any better in providing "palliatives" without accelerating inflation.
If Tinubu is to be faulted, it is for his institution of half-measures that will needlessly prolong this crisis, out of a fear of public backlash. Despite all the moaning and groaning on here, Tinubu has not really abolished the petrol subsidy, he just (temporarily) reduced the amount, and with inflation accelerating, the scale of the subsidy is ballooning once again because petrol prices have not been deregulated. Tinubu has not allowed Cardoso to raise interest rates to a level that will curb inflation and draw foreign investment. Finally, Tinubu has not made any serious effort to reduce the FG's wage bill by launching an ambitious privatization programme. All of these things are vital to restore investor confidence and kickstart growth, and Tinubu knows they are necessary, but he is so paralyzed by fear of even worse public reaction that he has now settled into tinkering here and there instead of giving Nigeria the strong medicine it needs - and yet ignoramuses like you whine endlessly as if he had a magic wand that could painlessly solve all your problems overnight.
I don't understand this your epistle at all.
before and during election, didn't your tinubu know about all these, didn't he say he installed buhari, for Christ sake do you guys have a soul at all?
gratiaeo: APC supporters are worst human beings i have witness, imagine the audacity telling Nigerians that subsidy have to go, the same subsidy removal they used to campaign against GEJ. The guys are pure evil especially their SW wing
I cringe at their chronic hypocrisy, subterfuge, treachery, mischief, lies, deceit, double standard, and selective subjectivity.
datola: Subsidy had to go! Paying subsidy with over piling up debts. Do you know the implication
The same thing with exchange rate. Ask any economist. Tinubu took the only reasonable decisions
Even, Okonjo Iwaela was sounding warnings during Jonathan Era that Nigeria was living on borrowed rope.
Tinubu had to stop all that for the greater future.
We just must brace up for now!
Dollar might continue to rise against Naira because we are not earning shishi from our only major earner, crude oil because we had sold all for this year in liue of loan used to pay subsidy and defend Naira that made the likes Tunde Saibu, the former recharge carde seller muliti billionaire.
en be like you want thunder to fire your oesophagus there, YOU AND WHO IS BRACING UP FOR NOW WHEN THE ESCAPE IMBE OKPOLOR EYE IS BUSY DISHING 500 MILLION JUST TO REVIEW MINIMUM WAGE, THE WAY YOU APC VERMINS REASON EEEH, THEY SUPPOSE COMMOT UNA BRAIN AND FEED IT TO HUNGRY PIGS, YOU GUYS ARE WORTHLESS INTELECTUALLY.
IF IDIOTS LIKE YOU AND CO DIDN'T FIGHT JONATHAN THEN, AT LEAST BY NOW ALL THE PLANS WILL HAVE BEEN SURE, BUT NO TRIBALISM AND RELIGION WILL NOT ALLOW YOU GUYS TO THINK NORMAL. so when it was the perfect time in 2011 that Jonathan removed it that all of you including your prof cultist, buhari and your certificate career criminal occupied Nigeria, Jonathan had plans, he already implemented them, I can remember sure-P, you guys fought it only for the urine dispenser to do copy and paste, BECAUSE HE WAS HEARING OTHER PEOPLE SAYING IT, LAGOS BUILDER WEY THE FOUNDATION OF NIGERIA CHOKE, HOPE HE IS STILL LICKING MIC?
CameroonPepper: Two can play the game. Shebi na US invent that format.
So you believe this iron corrugated sheet will have a chance against the US navy?
Na why I did conclude that Islam is a form of mental illness, and I see allah and that their fake pig prophet mohammed as shit in my toilet as shown below.
siraj1402: They are defeated already, they have ran to Qatar again to initiate a ceasefire so as to bring the remaining captives meaning their mission was defeated. Hamas for life. The rate at which their soldiers were killed in a recent time to the extent that they had to withdraw some yesterday.
Terrorist sympathisers dey get hope grin They're the ones saying isreal is losing, they're still the ones crying about genocide
In Yorubaland, we don't wake up our elders with sidekicks.
We are not like some people from one region who lack home training because their stubborn great-grandfathers died like rats and couldn't live to train them
We've been hearing that since but what i am seeing here is different to the extent one agbero man bleeps mama and daughter and buys same brand of cheap bleaching cream for them, in fact it is their bleached burnt legs you'd know they are related since their faces now look worlds apart.
Tiny hunger don dey make these Muslims to dey discover new food, we never clock one year una dey discover fonio, soon na funnel una go uproot dey chew. Ndi ala
God1000: Angelina jolie is an upstanding woman with a conscience, the man should not expect her to behave like him.
This Israel-Hamas war has exposed a lot of people, divided friends and families, but I will always say the truth and stand with the oppressed, killing innocent Palestinians under the guise of fighting Hamas is a serious war crime and crime against humanity, how can any sane person support the bombing of hospitals, schools, churches, mosques and refugee camps
Generations of families are being wiped out right in front of our eyes and some religious bigots are rejoicing, Arab leaders are cowards for doing absolutely nothing to help Palestinians.
Those of you insulting other people for calling out Israel should desist from such unholy act
If I will not make heaven for saying the truth, then so be it
I'm withdrawing my support for west as well because I hate double standard and hypocrisy
I lambasted Mr Putin when he invaded Ukraine but I'm beginning to have a change of mind about him
Some of you that idolized Mr Putin then, calling him a hero are now making a U-turn because he's saying the truth against Israel
Putin has flower heart, hypocrites... Shey you were among dancing when hamas attacked Israel so why foaming like an epileptic patient now? Because they are pummelling the followers of that child of a LovePeddler with no father that called himself a prophet but instead he is a worthless and useless Medina pig mohammed
Baatunde: Thanks you once again Evangelist Akukoigbo for accepting that your God is an unjust, vindictive, bloodthirsty and racist according to your Bible.
All the other questions you have asked are as stupid as asking
1. Why did your 'God' allow his opnley BELOVED son to be hung on a cross like an accursed person because your God said In Deuteronomy 21:22-23 it is stated that a hanged man is "accursed of God."
2. Why did your God allow his prophet John the Baptist to be beheaded?
3. THe impostor Paul whom you actually follow ( not definitely following Jesus) may i ask what was his ending, why was he beheaded, perhaps because he was an impostor? "But any prophet who falsely claims to speak in my name or who speaks in the name of another god must die.' (Deut 2 18:20)
4. Why did your 'God' allow 6 million of his 'beloved' to be brutally massacred by another nation of his people who said they were Christians
Like I said to one of your posts earlier, one can be forgiven for thinking you were talking of Tinubu, because in your world ( like I am damn sure you are on Obidient) everyone you hate is always a druggie, demented, deluded , mentally unbalanced so there is always no point replying to your stupid innuendos. The typical tactics of you lot when you have no substance to argue is to resort to insults and trying to impugn peoples characters so I will let that slide since I am happy you have accepted the deficiencies in your BIble
See what your scholar is saying... Truly Islam is a form of mental illness
Baatunde: Once again I take your response as an acceptance of everything I have quoted from your Bible about your 'God' being racist, vindictive, unjust and bloodthirsty. That is enough for me, thanks for the response. Whatever you think of or call Prophet Muhammad is your opinion and unfortunately there is nothing you can do other than moan about it, unless you have the means to wipe out 1.5 billion muslims from the face of the earth.
I am not going to engage you on that, even the Jews till present time believe that Mary was raped by a Roman centurion and was too ashamed to own up and that was why she was claiming virgin birth, so you see, insinuations and innuendos didn't start today. A lot of rubbish you are quoting here are well known from books written by Orientalists, but has that ever stopped the wave of massive conversion to the religion of Islam, NO
Why didn't any of mohammed's son survive to adulthood? Why didn't Aisha papa no allow mohammed write down his successor that led to shia and Sunni?
Why did your mohammed refer to Jesus as the only prophet who had no sin but him was controlled by his scrotal sack?
Did you notice you yourself ain't even sure if mohammed is the prophet referred in the quoran, it looked more like Moses.
Mohammed was actually for by a Medina LovePeddler who died of a horrible disease, since he never know his father who was the person that raised him that made him to be first man to look for sugar mummy, he was a lay bloke that was fornicating with a woman 50 years older than him no wonder he now resorted to children as a paedophile.
Mohammed was n demented and mentally unbalanced, he also used opium before being possessed to go and be copying bible.