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Olusegun1990's Posts

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PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 9:08am On May 04, 2024
fatboyslym007:
Amen Bro Amen...
I think we need to demand more from our state and LGA governments...

FG is not everything bro, don't get me wrong, FG get their blame... But it's disheartening to hear the federal government release grains from strategic reserve... I think we need to decentralize a lot of things
I agree with you 100%, the state is one of our major problem, i am not a party member to any political parties, i support anyone who does good irrespective of party, religion, ethnic group or whatsoever the affiliation maybe, our state government need to step up if truly they love the people they are representing, no one of them has come out to accuse Tinubu so far for not giving them what they deserve aside the state police we are not ripe to have, but in all honesty, he has given them, moral and financial support to scale through the present storm we are all facing, it is this same state governors that are holding back the money that belong to Local Government and making them underperform(Local Government Autonomy is highly needed, so that the LGA chairmen can be held accountable for whatever fund they recieve) to the best of my knowledge, the present federal government is trying, though i am not saying they are not corrupt ooo, but no section of the government has accused them wrongly aside the vulnerable man on the street that can't see the front.
PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 8:34am On May 04, 2024
fatboyslym007:
I agree with your submission my guy...

But that doesn't take away the fact that we need food reservoirs at the state level...
undoubtedly, the state must always interfere when their is market failure and negative shock in the economy, to see to the welfare of the low income earner and those that are vulnerable to the negative shock.

The truth is state intervention is crucial in every economy, even the so-called America that is telling us to remove subsidy is heavily subsidizing their Agricultural sector. the fact is there on the internet. I believe Nigeria will be great in our time.
PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 12:13am On May 04, 2024
fatboyslym007:
I have actually wondered if government buying foodstuff as palliative is not actually affecting things...

It would've been better if they were released from let's say a strategic food reserve....

I think it's high time state government should be responsible for silos and food reservoirs for their states
Even if state do same thing, we will still get same result, the agricultural sector should be made attractive to private investors by reducing the level of insurgency in the country( which this government cannot achieve, because of the cabals handling the issue. Truthfully they are more powerful than the government because they are the ones the government will want to us to tame the sector and a thief will not arrest himself/herself for whatever he has stolen), if insurgency is not stopped, there is no number of policy that we can do in this country that will reduce food inflation and the general inflation. On this note, I will say that Nigeria can only be better and develop by mistake( this is a sad truth, but anyone actively in government and in-charge-of policy know this)
PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 11:59pm On May 03, 2024
SouthSouth1914:
The immediate subsidy removal is the cause of all these. But government will turn a blind eye until they eventually turn blind! Make dem dey play
I love the way you start your statement, the immediate subsidy removal subsidy is good but not the best in the long run, government of any economy subsidizing any sector of the economy should always have a long term plan of reducing the price of the product been subsidized. Nigeria as a case study should invest heavily in the petroleum sector by building refinery or engage investors to build refineries that will reduce the price of Petroleum Motor Spirit PMS in a more competitive way and reduce the burden of dollar demand. Dangote will as a matter of being a leader in the industry fix price if no good competitor surface. Tinubu government should have resume office, take a careful study of what the Subsidy scam is, so as to approach it's removal in a more better way, but the immediate removal create more problem than the good intention of his government.

Power sector should be well invested in and policy that will make the electricity sector more attractive should be put in place as against the present subsidy being paid by government in the transmitting line of the power sector, power is the engine of industrialization in any part of the world.

We as a member of the country (not just the government) should work on being trustworthy, so that investors will have confidence to invest heavily especially in the energy sector as a whole to reduce our demand for petroleum by-product outside the country with dollar.
PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 11:25pm On May 03, 2024
blueAgent:
Sighs!!! Crap.

Another paid propagandist shocked
You have spoken well from your perspective and the first paragraph already identify who you are, the post was never in support of government, party, tribe or any affiliation, it is a pure economic observation that you should have asked for more knowledge about, but you choose to be blind to the economic reality happening to the Nigeria economy or perhaps have almost no knowledge about how the macro-economic of Nigeria runs, but i will advice that you don't just tag people "propagandist" always learn before you type.
PoliticsRe: Government Palliative Worsening Food Inflation - CBN Governor, Cardoso by olusegun1990(m): 10:57am On May 03, 2024
Anyone that understands how the economy works will know that constant palliative and increased minimum wage is a bad way to help the economy -especially one like Nigeria's(in the long-run). Albeit that doesn't mean it's not useful in the short-run.

To begin, palliative is meant to ease the effect of a negative shock in the economy temporarily as government forge a long term plan to ease the shock or pressure on the people, but when has palliative ever been equitably distributed -those who need it the most are the least to get. We may even consider the additional fact that constant government interference leads to lazy masses -there's a popular adage that goes do not give me fish but instead teach me how to catch fish, a better approach would be if instead government employed more people through capital projects.

Secondly, Increasing minimum wage has an inflationary effect, the increased minimum wage is mostly by the government and some big organizations, an increased in minimum wage without a corresponding value brings about inflation. The market men/women in a bid to get their own share will increased market prices, if you still have children in school, the school administrator will increased the school fees of your children in order to meet up with increased salary demand and other logistics demand prices that have risen, if you are still a tenant, your landlord will increase the house rent to also get his own share of the increased minimum wage and it goes on like that like that, at the end of the day minimum wage will even make you worse off than making you better off.
PoliticsRe: Bukola Saraki: Sexual & Gender-Based Violence; Rising From This Low Point by olusegun1990(m): 9:38pm On Jun 12, 2020
What some of you failed to remember is that all this politician you are standing for are of the same caucus when it comes to embezzlement and being power mongers, just that people celebrate you when you scale through or on the upper hand, I still preferred him to the present rubber stamp and brainwashed senate president and the present house who are spoiling our democracy in the name of loyalty, some of you don't understand politics that's why you will always blame saraki, am not his fan but he made buhari understand that go cannot always be go and come cannot always be come we need to sit over it for dialogue.
PoliticsRe: President Buhari Directs Kick-Off of PPI; Approves Funding by olusegun1990(m): 7:56am On May 28, 2020
LiteratureTRAFFICKED BY AKACHI ADIMORA AND VIRTUOUS WOMAN ZAYNAB ALKALI by olusegun1990(op): 2:30am On Feb 22, 2020
Please can someone help me with Trafficked by Akachi Adimora Ezeigbo and The virtuous woman by Zaynab Alkali
You can kindly DM me with the soft copy 08108146626
ComputersRe: We Sell Perfectly Working Fairly Used Laptop's screen, hard drive, ram etc here by olusegun1990(m): 5:32am On Feb 26, 2019
IS HP ELITEBOOK 6930P BATTERY AVAILABLE AND AT WHAT PRICE
EducationRe: Which Is The Most Used English Word On Nairaland For 2017? by olusegun1990(m): 2:36pm On Jan 01, 2018
DEVELOPER SHOULD BE INCLUDED
Jobs/VacanciesRe: NPOWER Released New Test Assessment Date (PHOTOS) by olusegun1990(m): 6:53pm On Jul 16, 2017
please add me up on whatsapp 08108146626
PoliticsRe: Igbos Relocate In Droves Following Quit Notice by olusegun1990(m): 9:25am On Jun 10, 2017
elmagnifo:
Where did we got it wrong? I'm a northerner but am currently listening to phyno's fada-fada song even though I don't even understand ibo language. What is wrong with us as a people? Why can't we give peace a chance and learn to live in it's harmony.

Back then in school, my best friend was Emeka, we virtually do everything together. I could vividly remember how we were running with a pot of soup for about 1mile, a soup we took from our lodge-mates. undecided

Nigerians should shun hate and tribalism for pete's sake. It doesn't help anyone but rather it brings you down undecided
maybe because u are not brainwashed and the enlightenment u had about living in peace and love makes u to think ahead of some of ur brodas because seriously the Union has not been helping maybe if we part their will be a better atmosphere 4 all of us
Christianity EtcRe: The Christian Chatbox ( sticky) by olusegun1990(m): 4:55pm On Nov 26, 2016
please did anybody have any idea the amount of the following 1.Bible commentary 2.Bible dictionary 3.Bible concordance
PoliticsRe: Ilorin-jebba Road Under Serious Construction (pictures) by olusegun1990(m): 8:52pm On Apr 15, 2016
chudionu58:
This is seriously Jonathan's project! Ok
http://www.premiumtimesng.com/news/150441-fec-approves-n42-billion-rehabilitation-ilorin-kabba-road-others.html
well mr man/woman try to edit ur post bcause ur post is nt inline ilorin-jebba is nt same as ilorin to kabba so watch,read and comprehend well next tym b4 u comment gud p.m
BusinessRe: Nigeria, China Bank Agree On Yuan by olusegun1990(m): 9:15am On Apr 13, 2016
Pls what is the black market rate of 1yuan to naira
PoliticsRe: Shi’ites: El-zakzaky’s Followers List 5 Conditions For Peace by olusegun1990(m): 9:08am On Dec 18, 2015
Nigeria is drowning under this government thank God Gej is not in power if not many treat and intimidation would have been experience by Christian from the so-called group and Iran but let come to think of it why will some group be claiming right in a country where they don't follow the law of that country
Am not in support of the military for their action but let looked at this issue critically is it not partiality and placing some people above the law
PoliticsRe: Trump Hits Record Poll High As Americans Back Billionaire After Muslim Ban by olusegun1990(m): 7:43pm On Dec 16, 2015
pls when will Nigeria ban Islam may be by doing so Nigeria will be free from all this form of terrorism because many countries of the world are nau doing so because a religion of peace that is causing terrorism all over the world if u quote me dats ur business I don't reply any bullshit
PoliticsRe: Trump Hits Record Poll High As Americans Back Billionaire After Muslim Ban by olusegun1990(m): 7:40pm On Dec 16, 2015
pls when will Nigeria ban Islam may be by doing so Nigeria will be free from all this form of terrorism
BusinessRe: Free Skill Acquisition E-Center by olusegun1990(m): 5:35pm On Nov 17, 2015
nice job Tanx bro but I will prefer it in form of PDF file if you can appreciate ur effort a lot
PoliticsRe: Are There Yorubas In Kwara and Kogi? by olusegun1990(m): 9:14pm On Nov 16, 2015
why disturbing urself don't u know that there are many fools on nairaland who just feel like posting something on nairaland am telling u authoritatively that there are many Yoruba in kwara and kogi state am an indigine of kogi state and I ha e lived in kwara state Ilorin precisely for up to 19years and am still there any thing other than this should be regarded as rubbish please my post is not to abuse or criticize the tone may be harsh just accept it like that
PoliticsRe: Photos Of Ayedire Local Government Secretariat In State Of Osun by olusegun1990(m): 7:00pm On Nov 14, 2015
the pix it's a trash and I will never concur this is just another form of critics y don't u show us the front of the Secretariat this is a total trash and I will never concur note wailers am not from Oyo state or south west region but the truth must be told shikena
PoliticsRe: Check Your BVN On Your Mobile Phone by olusegun1990(m): 9:17am On Oct 27, 2015
Thanx don't even know it's cheap as this
PoliticsRe: Photo Of Newly Acquired Armoured Carrier Deployed 2 Frontline Against Boko Haram by olusegun1990(m): 8:36pm On Aug 01, 2015
did i just read 9ja made or what?
PoliticsRe: We Never Promised 5,000MW Of Power a Year To Nigerians - Lai Mohammed by olusegun1990(m): 11:01am On Jul 16, 2015
pls source or i dont believe bt mind u am nt for any of d party bt 4d betaness of nigeria
PoliticsRe: Buhari change Nigeria by olusegun1990(m): 8:31am On Jun 11, 2015
cjrane:
Buhari may be willing to transform Nigeria, but the problem is those in APC that supported him. Many are common criminals with very corrupt history of occupying lush government positions and helping themselves with public funds. For Buhari to improve Nigeria at all talk more of transforming it with the type of shady characters supporting him in APC will be the 11th wonder of human history.
buhari has started action first was to re-open tinubu murder case
PoliticsRe: Stolen Assets Recovery: Buhari Demands Fuel Imports Implicated In Fraud by olusegun1990(m): 7:58am On Jun 11, 2015
i nau knw its nt buz as usual i pray may almightyGOD help our amiable president to lift dis country up again we are nau reading d wind of change i pray we shall all experience dis wind of change and not only read on nairaland only
PoliticsRe: “Correct yourself Lai Mohamad befor I send my lawyers after you” by olusegun1990(m): 8:20am On Jun 10, 2015
stop your hatred man, apc member came in after dey heard that bukola already emerge senate president and before the deputy post was conducted,next time do your research well before posting nonsense here ob nairaland.
PoliticsRe: Yoruba s had Occupy 2nd,3rd,4th Positions In Nigeria by olusegun1990(m):
papi22:
Senator saraki no be yoruba... From north central, don't be decieve by the name bukola
who told you, bukola is originally originated 4rm ogun state and representing ilorin which migrated 4rm oyo caliphate and if u think it`s not true do ur own research, but to say d truth bukola is not a gud candidate for dat post he is never a gud rep of kwara and even d senatorial district he is representing, after looting kwara state and claiming d ownership of d state property.
PoliticsRe: a by olusegun1990(m): 4:44pm On Jun 09, 2015
i pray GODwill help you to run a transparent and an accountable tenure

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