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Politics / Re: Painful Reality. Igbos The Most Intelligent People by omohayek: 9:12am On Sep 22 |
Bestmanfornow:And here we see another shining example of "the most intelligent people", who rushes to "prove" this self-deluding claim with a graph on which figures are reported to 3 degress of accuracy, without any error bars, and in a confusing format that uses colors to separates males from females, instead of simply adding the gender information alongside the "tribal" labels. Worse yet, there is no information on how the data was collected. Was it by sampling? If so, how big were the sample sizes used? Was it by an exhaustive census? Who knows? It's not as if the methodology matters, right? The crowning glory of this ham-fisted, crude effort at propaganda is that you haven't even bothered to provide a link to the source of your dubious graph, so confident are you in your self-proclaimed brilliance that it never occurred to you others might ever ask ... 3 Likes |
Politics / Re: Nigeria’s Foreign Debt Service Costs Surge By 96% To $2.19 Billion By May 2024 by omohayek: 10:27am On Sep 20 |
Vision101:Your analysis is correct but incomplete. The primary drain on the FG's budget is the fuel subsidy, which is still in place (even though many Nairalanders are either too ignorant to understand this, or too unscrupulous to let it get in the way of their propagandizing). This subsidy is currently eating up 4 times the country's health budget, more than 2 times its education budget, and nearly half of all government revenues. The likes of the OP are quick to condemn Tinubu for supposedly "wrecking" the economy by "abolishing" the fuel subsidy, but that would be entirely the wrong basis upon which to criticize Tinubu's government. If Tinubu is to be faulted for anything, it is for his political timidity. Tinubu should have completely deregulated the petroleum market once and for all when announcing that the subsidy was "gone", so that there would have been no chance of relapsing into the same old bad habits. Tinubu should have coupled this deregulation with a targeted program of financial support to the poorest Nigerians, and to pay for this program, he should have set up an ambitious privatization program, to bring in additional revenues while encouraging FDI (which would have helped prop up the Naira). Finally, Tinubu should have appreciated that you can't ask voters to make personal sacrifices without leading by example, meaning no new private jet for him, and no new perks for any members of the NASS - if anything, this should have been a good opportunity to trim wasteful spending on things like "constituency projects" and "security votes". All of these steps would have required annoying powerful political interests, but Tinubu lacks the guts to do so because he knows the only reason he won the election was thanks to Peter Obi playing the spoiler for Atiku. Of course, none of the embittered tribalists who are quick to blame Tinubu for decades of profligate subsidies will ever admit that their tribal champion is to blame for electing the man they harbor such irrationally intense hatred for. 5 Likes 3 Shares
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Foreign Affairs / Re: Trump Posts That He Won't Debate Harris Again by omohayek: 3:16pm On Sep 13 |
Jayjayconcept:Yes, of course, they should just have allowed him to spew lies at will! Anything less would have been so unfair! Trump is a ridiculous crybaby, and any black person supporting this senile racist is sick in the head. 2 Likes |
Foreign Affairs / Re: Turkey's Erdogan Says Russia Must Return Crimea To Ukraine. by omohayek: 5:53pm On Sep 12 |
There are only 2 categories of people on Nairaland who either rush to Putin's defence on every thread, or are quick to upvote the buffoons who do: those too stupid to tie their own shoes in the morning, or those being paid by Russian troll factories to spruce up Putin's image. Threads like this one have only one use - they help to identify all of the Nairalanders belonging to the aforementioned groups. If only Nairaland also had a "block" button, so one could completely filter out all comments being made by this set of shills and dimwits, considerably improving the user experience for everyone else in the process. |
Politics / Re: Dauda Lawal: Zamfara Governor's New BMW 2025 (Picture) by omohayek: 11:55am On Sep 09 |
Cocolatti:So what? Does he have to rub that wealth in the face of the impoverished masses who voted for him? If the money he spent on that car was burning a hole in his pocket, couldn't he have used it to fund any number of charitable causes? Since when has modesty and restraint ceased to be virtues? It's no wonder Nigerian politicians think they can get away with anything, seeing how many voters are like you, quick to rush to their defence on any occasion. 4 Likes 1 Share |
Politics / Re: Rumblings In Plateau, Cross River Over Vacant Ministerial Slots by omohayek: 8:02am On Sep 08 |
The same idiots who constantly complain about the cost of governance are the ones now bleating about a ridiculous constitutional requirement mandating a minister from every state! If you were all serious about wanting less costly government, you'd be demanding that the number of ministers be slashed to 1/3 or less of the number there are now, instead of making the preposterous claim that the lack of a minister from one state means the state is somehow "not represented" in the government. Isn't that what senators and house members are for? 2 Likes |
Politics / Re: How $6 Billion NNPC Debt Is Causing Petrol Supply Hiccups by omohayek: 8:01am On Sep 02 |
grandstar:The worst thing about the lying is that it serves no political purpose whatsoever. Nobody believes what Tinubu is saying here - not the investors who Tinubu needs to revive the economy, and not the masses who fail to appreciate just how artificially cheap petrol continues to be. If Tinubu admitted the subsidies were back in full force, at least he could claim political credit for "defending the masses" from the ravages of market forces, but instead he chooses to expose himself to the attacks of the ignorant while reaping none of the benefits of truly abolishing the subsidy. This makes no political sense whatsoever. 2 Likes 2 Shares |
Travel / Re: With A Train Every 18 Minutes, It’s Bye-Bye Cars, Hello Lagos Blue Line by omohayek: 11:23am On Aug 21 |
Brendaniel:No, that is your problem in particular, not a problem all of your critics are afflicted with. If you were slightly more intelligent, the possibility just might have occurred to you that the reason why so many people have been lambasting you is because you are wrong. Unfortunately, you are a clear-cut case of Dunning-Kruger syndrome. That is how you people jump into conclusion because of hatred.Here you go again, projecting your own deficiencies onto others. If you weren't burning with hatred and envy, you wouldn't have made a mind-bogglingly inane comment that anyone who had ever stepped outside Nigeria's borders would have seen for the tribally-motivated drivel it is. I have no issues with train development, the problem here is the statement bye bye to cars which I clearly stated, I'm only speaking the truth and if that means nonsense and insane to you then that is your problem not mine...No, the problem here is not a mere rhetorical flourish like "bye bye to cars" (which is actually true for anyone who can either walk or take a bus to and from the station, as millions do in megacities throughout the world). The problem is with you, so blinded by tribalistic envy that you just had to spew some of the venom that was clearly churning within you. No half-way intelligent person would have made your utterly ridiculous statements. 2 Likes 1 Share |
Travel / Re: With A Train Every 18 Minutes, It’s Bye-Bye Cars, Hello Lagos Blue Line by omohayek: 9:40am On Aug 21 |
Brendaniel:Ah, yes, that must be why world cities like London, New York and Tokyo don't need extensive subway systems, since everyone can just get around them in their cars! Who has ever heard of a human being walking from a train station to his or her own doorstep? As inane comments go on Nairaland, yours must be in contention for the most nonsensical of all. 2 Likes |
Education / Re: Percentage Of Out Of School Children Per Zones In Nigeria by omohayek: 9:07pm On Aug 07 |
Oceanfl0w:Yes, we have to educate not just our own children, but also those of the destitute rabble who endlessly flood into our region from everywhere else in the country. Funny how you and your ilk are quick to boast about how many people from your region live in the SW during election periods, but when stats like these appear, you suddenly develop amnesia about all your children hawking goods on the streets of Lagos during school hours. 3 Likes 2 Shares |
Education / Re: Percentage Of Out Of School Children Per Zones In Nigeria by omohayek: 9:00pm On Aug 07 |
MadamRamota:What a lot of tribalistic nonsense. Here's one reality which never occurred to your bigoted (and clearly badly educated) mind: one reason why the SW percentage seems so high is because the region is the preferred destination of choice for the indigent from everywhere else, not just from the north but also from your own barren, overcrowded and economically moribund enclave. 3 Likes |
Politics / Re: Fuel Subsidy Is Back – Obasanjo Faults President Tinubu’s Claim On Removal by omohayek: 7:17pm On Aug 06 |
Oghene86:And how are the refineries supposed to "work", when the price of their output is lower than the cost of their inputs? With what funds are they to be repaired, and then maintained? Where is the money to cover their losses supposed to come from? Is it with the very same FG revenue that's being guzzled by the oil subsidies you want kept in place? It's funny how those who lack an understanding of basic financial concepts of profit and loss are the quickest to offer their imagined insights into economic problems ... 2 Likes 1 Share |
Politics / Re: Fuel Subsidy Is Back – Obasanjo Faults President Tinubu’s Claim On Removal by omohayek: 7:12pm On Aug 06 |
Trendtips:Again and again people bring up this "gradual" nonsense. Isn't that exactly what has people out on the streets right now? Isn't a gigantic level of subsidy still in place at this very moment, guzzling 25% of FG revenues every single day? All "gradualism" does is stretch out the pain, providing grounds for malcontents to endlessly scream and wail, without even the compensation of freeing up meaningful government revenue for other purposes. It is the worst of both worlds, as we can see with all the on-going discontent. The ONLY way to truly remove subsidies is to do so once and for all, which means not just ceasing to pay them to oil marketers, but completely deregulating the petroleum market, so that anyone who can buy the necessary forex at market rates can buy refined petrol from any source and then sell it on the domestic market. This is also the ONLY solution which will ever make domestic refining a viable commercial prospect. Nigerians need to get over the delusion that there is some magical, painless way to reform an economy that has been stagnating for the last 12 years, even as once poorer countries have been enjoying 10% annual growth. This obsession with short-term benefits is why Nigeria is still a destitute nation, even though South Korea which was poorer in the 1960s is now a fully developed country with GDP per capita on the level of the UK and France. 3 Likes 4 Shares |
Politics / Re: AfDB Okays $500 Million fresh Loan For Nigeria by omohayek: 8:58am On Aug 02 |
What a long-winded and ridiculous way to simply say you are a diehard tribalist who sees nothing wrong in 95% of your own people voting for a thieving mediocrity like Obi, but is quick to castigate all Yorubas for giving 50% of their votes to Tinubu. Cast the log out of your own eye before ranting about the speck in someone else's! Brendaniel: 5 Likes 1 Share |
Politics / Re: Six Positive Economic Reforms Under Tinubu’s Administration - The Nation by omohayek: 10:06pm On Jul 31 |
mrvitalis:And where exactly is one supposed to obtain information on government expenditure, if not for the government itself? Or do you imagine the FG is like a private business that needs to submit annual reports which have been signed off by accountants? I don't know why you insist on repeatedly embarrassing yourself with such ignorant statements. 2 Likes |
Politics / Re: Benefits Of Fuel Subsidy Removal - Daily Trust by omohayek: 5:14pm On Jul 29 |
EXPRESSSMAN:And here we see a brilliant exposition from one of the finest graduates of the North Korean school of economic punditry. It's impressive how you've managed to pack so many wrong-headed, economy-destroying suggestions into so few lines! All one has to do to understand Nigeria's economic predicament is understand that all the gibberish you've written is what passes for "intelligent", "mainstream" opinion in this prison cage of 200 million ignoramuses. 1 Like 1 Share |
Politics / Re: Benefits Of Fuel Subsidy Removal - Daily Trust by omohayek: 5:10pm On Jul 29 |
Iamdboss:And how exactly is the government supposed to obtain the benefits of additional revenue from a subsidy that you yourself admit is still in place? Do you imagine it's possible to spend the same money twice or something? What is it about subsidies that robs most Nigerians of whatever little reasoning ability they possess? It's the height of inanity to complain about Tinubu "abolishing" a subsidy that is still intact and draining the FG's coffers. It crosses into outright perversity to complain that a subsidy which was never actually abolished has failed to generate any tangible savings. That 99% of responses on this topic are as dumb as yours shows why Tinubu would have been better off fully deregulating the petroleum market from day one: by resorting to half measures, Tinubu gets neither the approval of the ignorant mob (who attack him for supposedly eliminating something any dummy can see is still intact), nor the fiscal benefits of eliminating all the wasteful spending. 1 Like 1 Share |
Crime / Re: Nigerian Man Nabbed For Running Cartel From Immigration Detention In Australia by omohayek: 9:58pm On Jul 28 |
Aboks:And yet they always happen to be your kinsmen ... Is Tinubu an Igbophile then? 2 Likes |
Business / Re: Amid Inflation, CBN Raises Interest Rate To 26.75% by omohayek: 4:16pm On Jul 23 |
SmartyPants:Well said. Good to see that there at least a few educated people left on Nairaland. 2 Likes 1 Share |
Politics / Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by omohayek: 8:32am On Jul 10 |
Wotowotoman:Yes, it's all "crap" because you're just a low-IQ shill on Dangote's parole, unable to provide any logical reason why Dangote's monopoly profits should continue to be artificially sustained because he went borrowing on the assumption he would enjoy government protection forever. 1 Like |
Politics / Re: Releasing Kanu Is Not In The Hands Of The Executive by omohayek: 8:29am On Jul 10 |
AlexBells:Talk about throwing stones in a glass house. For Tinubu to pardon Kanu in your scenario, your messiah has to actually be convicted first! Right now he is still on trial, so there is nothing to pardon. The real reason why Kanu is stuck behind jail bars is because he is a known flight risk ineligible for bail, after he fled the last time it was granted to him. Even if Tinubu were secretly an IPOB devotee, there is absolutely nothing he could legally do to spring Kanu from jail until the trial process is complete. 4 Likes |
Politics / Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by omohayek: 8:24am On Jul 10 |
Wotowotoman:That's Dangote's problem, not the Nigerian population's. The indisputable fact is that cement is a low-tech commodity, yet Nigerians are made to pay multiple times the market price because Dangote successfully lobbied previous governments to put up protectionist barriers on his behalf against competition. Dangote's multi-billion $US fortune has been extracted from the wages and earnings of 200 million near-destitute Nigerians, most of whom are so blinded in their admiration for wealth (however ill-gotten) that they uncritically praise one of their biggest oppressors! This is the reason why I've always laughed at all the dummies who were going on and on about how Dangote's refinery would finally deliver on the Nigerian delusion of endless, artificially cheap refined petroleum - nothing in the man's business history has ever indicated he would behave other than as the ruthless monopolist he has always been. 2 Likes |
Food / Re: FG to suspend taxes on food importation by omohayek: 6:19pm On Jul 08 |
VeeVeeMyLuv:What a stupid comment! Do you expect a measure that has only just been announced to already be having an effect? Nairaland is overrun by loudmouths with IQs in the low 2 digits. 5 Likes 1 Share |
Politics / Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by omohayek: 2:08pm On Jul 08 |
As usual, all the same old trolls and dimwits rush to post their inane personal attacks on Tinubu and tribalistic nonsense about "ronus", but the whole lot can't demonstrate they share a single working braincell between them. None of them can say how exactly Saint Peter Obi (aka the Messiah from Anambra) would have done any better to handle the situation, so sure are they that Obi must be better simply by virtue of being their "kinsman". Here's a challenge for all you empty barrels with your endless insults: share with us how any leader is supposed to square the circle of rising worldwide interest rates, low oil revenues and low taxation with huge expenses on petrol and electricity subsidies. Does Peter Obi have a magical money tree in his backyard (or in his Virgin Island offshore accounts)? Can he repeat the miracle of loaves and fishes, and use the same oil money to pay for expensive domestic subsidies and interest on foreign loans? I bet most of you low-IQ buffoons don't even know how compound interest works, let alone what the current yield on US treasuries is (or why that might be important). Nairaland really needs to do something about the hordes of idi.ots who clamber to spew the same old ignorant, tribalistic claptrap on every single topic. All it does is drive away those might actually have something intelligent to contribute. 5 Likes 2 Shares |
Politics / Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by omohayek: 7:14pm On Jun 27 |
Impliment:Sadly, the point of question will fly right over the heads of those you're responding to. The average Nigerian seems to think electricity costs nothing to generate, and that only government wickedness determines how much private electrity suppliers should charge - hence the litany of nonsensical responses in this thread. 2 Likes 1 Share |
Crime / Re: Concrete Barrier Vandal Arrested In Lagos by omohayek: 7:09pm On Jun 19 |
Gbadugbakun:This is the same way in which you and your ilk were insisting all the names on the World Bank's blacklist must be Yoruba, only for more than 90% to be revealed as Igbo in origin. Stop projecting your own tribalism on others! 4 Likes |
Politics / Re: World Bank Doubts CBN’s Ability To Curb Inflation Employing Rate Hikes by omohayek: 9:31pm On Jun 13 |
Blazetrailer:As if all the recycled angry gibberish you wrote demonstrates anything other than your ability to spew the kind of nonsense other ignorant Nairalanders want to read. Do you even have the first clue why Tinubu was forced (yes, forced) to adopt the measures he took in the first place? Do you think he wouldn't have preferred to play to the gallery of entitled semi-illiterates like you for cheap popularity if he had any choice in the matter? Here's the answer: worldwide interest rates rose sharply over the last 2 years, meaning the cost of servicing all that debt accumulated under both GEJ and Buhari was no longer sustainable for a federal government already burdened with gigantic subsidies on both petrol and electricity. Something had to give, and if Tinubu had chosen to default on foreign loans for the sake of keeping fuel and electricity prices artificially low, Nigeria would have been cut off from international financial markets for a decade or more, and the current hardship you think you're enduring would seem like a luxury holiday by comparison. Honestly, it's tiresome seeing all of you loudmouths confidently rambling on about matters of which you have absolutely no comprehension. You're the same sorts of buffoons who think you can tell Christian Ronaldo how he should be playing while sitting in bukas nursing your pot bellies with bottles of stout. 2 Likes 3 Shares |
Politics / Re: World Bank Doubts CBN’s Ability To Curb Inflation Employing Rate Hikes by omohayek: 9:21pm On Jun 13 |
nasek:If you had reading comprehension skills beyond those of a primary school student, you'd have realized that the solution you seek has already been offered by the World Bank - the CBN needs to raise interest rates a lot higher, and a lot more aggressively than it has done. Even with all the hikes to date, real interest rates are still negative, which is utterly ridiculous, since it means anyone wanting to preserve the purchasing power of their savings must either seek out inflation-proof assets like gold or property, or else dump the Naira for more stable foreign currencies in the hope of riding out the inflationary wave. In short, the World Bank is only spelling out the obvious, as much as that may fly over the heads of ignoramuses like you. 3 Likes |
Politics / Re: States Work On Total Electricity Subsidy Removal, New Tariff by omohayek: 4:44pm On Jun 10 |
ruffhandu:Why not go full communist while you're at it, and start ranting "From each according to his ability, to each according to his needs!" like a good student of Karl Marx? How well did that work out for the Soviet Union? How well is it currently working out for North Korea? You need to grow up and face reality: electricity costs something to generate, and someone somewhere must pay that price. Neither the FG nor the states have the money to do so, and no private investors are going to squander their own savings so you can enjoy the unrealistically cheap power you consider yourself "entitled" to. It is that very same "entitlement" mentality that has led Nigeria's power generation and distribution to stagnate for the last 40 years! 1 Like |
Romance / Re: Women Sleep Around More Than Men, Says A Lady (photos & Video) by omohayek: 10:35am On Jun 03 |
Mentorme:Reading through your completely fact-free claims, the only thing to be deduced from it is that you are just another sex-starved misogynist angry at all of womankind because none of them are interested in sleeping with you in particular. And really, who can blame them? 2 Likes |
Romance / Re: Women Sleep Around More Than Men, Says A Lady (photos & Video) by omohayek: 10:30am On Jun 03 |
Godmother:I know most Nigerians hate to think critically about any claims which validate their prejudices, but this post and your reaction to it are all a load of nonsense. All it takes to see through this rubbish is an understanding of basic mathematics. If there are about the same number of men and women in a population, how can the women possibly be sleeping around more than the men? Who exactly are those women supposed to be sleeping with? Are they all lesbians or something? 5 Likes 1 Share |
Religion / Re: 'Educated Illiterates': Prophet Odumeje Mocks Nigeria's Education (Video) by omohayek: 7:14pm On May 27 |
Sheuns:How many of the PhD holders and professors have you elected as governors, reps and senators? And whose fault is that but your own? Do you think having a PhD gives you mind-control powers or something? Your insistence on blaming the highly educated for their not being listened to by the millions just like you is a perfect example of "educated illiteracy" in action. You are the political equivalent of the man with heart disease who ignores his doctor's calls to change his diet and take up exercise, only to suffer a heart attack and then begin to curse at the doctor for not forcing the patient to do as he'd been told. 5 Likes 3 Shares |
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