₦airaland Forum

The only way any of these "nice to haves" will ever be realized is by freeing up some of the money currently being soaked up by servicing debts on foreign loans. One of the measures required to do that is the eradication of the petrol subsidy, which a great many Nigerians seem to value far more than they do a working healthcare system ...

persius555:
All these is cock and bull story. Allow as many players into the fencing sector and allow free market economy take shape.

This dangote celebration is just another means of economically pinning down the growth of Nigeria.

Great to see that at least a few people get it. The only reason Dangote's refinery has ever been celebrated as some sort of achievement is because most Nigerians (including the elites) are utterly ignorant of even basic economics. What's truly important is removing all the market distortions, and that means not just removing the subsidy, but abolishing import license requirements and any restrictions on who can or cannot refine domestically. A truly free market is the best guarantee that Nigerians will never be forced to pay more than global market price, but it is the one thing Nigerians of all persuasions seem to hate the most.

gimakon2:
Lol,
make I follow u support rubbish? As an ibo man i voted obasanjo and yaradua.
I cannot support nonsense to be non tribalistic, na your stupid thinking be that, and i dont care.

Again, all of this is utterly irrelevant. The economic analysis is what matters here, not who voted for whom. It's notable that you have nothing whatsoever to say about said economics, and how they would differ under any other government. Would Atiku or Obi have abolished the laws of supply and demand? If you have nothing to say about the economic realities at hand, all you're doing is spewing bile over the electoral defeat of your preferred candidate.

gimakon2:
Na so.
E day disturb you because i mentioned Ronus?
You people made us understand there are differences in Yoruba, there is Yoruba who are reasonable and wanted a better Leader who knows strategy and would not want to sell the future of their kids for nonsense, and the Ronus, who wanted a Leader who speaks their Language, and has absolutely no idea of what he is doing. Because I said something, you want to turn it to a brawl, fortnately, i dont have your time, you hear me. Wail all you like, one day you will become reasonable!

Your Messiah started on the wrong foot. Deal with it.
His advicers are Mediocre (if I say Mediocre, I am being fair), His advicers are wack and i need to be very blunt, Dude has absolutely idea of Nothing. If he knew something he would have done a research before metting out suffering on you and Me, I apologise for Nothing, and If you want me to say it, I would say it again, because I want you Ronus, to have sense of belonging when voting a Leader, you cannot continue to bring nonsense for us in this country, First una bring Buhari, now this one, Next una go bring Sheyi Tinubu way day use Security enter Toilet go shit__ and force him on us for us to Vote. When the suffer come, you go talk maybe e day ask if you be Igbo or Yoruba or Hausa. Sense no cost.

Truth is bitter, but someone has to say it.

Blah blah blah. None of this new batch of ranting has anything whatsoever to do with the basic economics of the situation. All you've established is that you're like every other fanatical tribalist whose only goal in life seems to be to derail every discussion to advance his or her pet conspiracy theories.

wirinet:
Is what you wrote up there not a paradox? Europe Agricultural Policy is a price support mechanism (subsidy) to benefit farmers but rather than reduce price of their farm products to the consumers, it increases it. How does that even make sense. Please explain.
For your information most industrialised countries if not all give agricultural subsidies to farmers to bring down the cost of food. Even some poor countries give agricultural subsidies.

If you were more interested in determining how the CAP works, rather than attaining some meaningless internet "victory", you could easily have looked up the relevant Wikipedia article by yourself. It has all of the relevant details, with links to all the detailed analysis you could possibly want.

https://en.wikipedia.org/wiki/Common_Agricultural_Policy

Of course, I'm sure you already knew it was there, but you were more interested in "winning" an argument by whatever means than you were in learning anything that might not work in your favor.

You must be more intelligent than Einstein. A policy that's was debated and implemented by 27 European countries is the one almighty omohayek says is harmful. If EU members recognised that agricultural subsidies are harmful, why have they not abolished it.

I've been patient as you've repeatedly debased yourself over the last few years by engaging in patently dishonest argumentation on here, as with your endorsement of the "Amoda Yekini Ogunlere" insanity, or your pushing of a "Lagos is a no man's land" narrative you would never apply to your own Itsekiri homeland. It amazed me that someone who was clearly well educated, and also clearly capable of careful reasoning whenever it suited him, should be so quick to resort to the basest flim-flam and illogic for the sake of advancing his position. Here, however, by insulting me, you have crossed the line of what I am willing to tolerate.

There are only a few valid reasons for two parties to debate. The first is for each side to try to persuade the other of a position, but in your choosing to resort to personal insults while completely ignoring the substance of what I took the time and effort to write, you've shown that this isn't your aim, as no one is won over by insults.

The second reason to debate is to mutually try to ascertain the truth of a matter, in a Socratic process of examining it from every angle. Again, you have shown zero interest in doing so here, even though I know you have the ability to when it suits you. If you were one of the many less intelligent commenters on here who have little more than conspiracies and tribalistic insults to "contribute", that would be one thing, but you know better, and in your case it is clearly a choice to engage in bad faith argumentation.

You obviously don't care about either of the two aforementioned reasons, and as such I see no reason to engage with you any further. I don't have time to waste on bad faith argumentation, and as such, you can consider yourself permanently placed on my personal "ignore" list, along with all the crackpots and obsessives I'd never bother giving the time of day.

Broadmind:
Dangote refinery is a cashcow for incoming politicians. They intentionally remove subsidy at this time to create high profit margin for dangote and they will inturn get a huge chunk from it.
Though a good one but not I the interest of the masses. Forget all those narrative they are selling to us. None of dangote business has direct positive impact on the masses.

The correct answer to all of the concerns you have is to allow unfettered competition, by demanding the removal of all licensing conditions for the importation of refined petroleum, and insisting that it be allowed in at the minimum tariff rate. That will provide the necessary incentive for Dangote to charge no more than the international market price. There is no need whatsoever for subsidies that ensure no domestic refiner can ever succeed under any conditions.

gimakon2:
First an Increase in Minimum wage for Workers, then ensuring 94% stable power supply would have been good, then ensure good road transport network where commuters can have easy access to transport at fair rates, would have been better off, should they then decide to do Fuel subsidy, by then, you have solved three quarters of the citizens problems. Every Nigerian is paying everything by themselves as it stands, question is , why are we paying taxes and the need for Tax Clearance, when you cannot enjoy basic things as amenities. Tinubus Policies will give birth to a new style of Embezzlement.

What they succeeded in doing now, is bringing EndSARS part 2 to Nigeria.

Yoruba "Ronus" will not see it like this, Sense no day their head before. Shay na Peter Obi do this one?
Ozuor people.

What does all of this tribalistic ranting have to do with the basic economic question at hand? The cost of a good in a free market is determined by supply as well as demand, and Dangote will charge exactly as much as he can get away with unless he is kept in check by competition. Besides, even if there were perfect competition, there is still a minimum cost associated with refining petroleum, and that cost is well above the current subsidized rate. All of this would remain the case whether it was Atiku or Obi in Aso Rock rather than Tinubu, so your pontifications are utterly meaningless.

wirinet:
It's not outsized sense of entitlement, it the benefits of submitting our sovereignty to the Nigerian government. Europeans have an outsized sense of entitlement for cheap food. Without agricultural subsidies, the price of food in Europe will be much higher than it is now. So what are we then entitled to as Nigerian citizens? Subsidised food, transportation or energy (no even all energy, just petrol)? Please remember we have an unlimited amount of gas (energy) wasting away or untapped.

1. If you think Europe's Common Agricultural Policy actually decreased food costs for consumers, you have completely misunderstood how it worked and what it's effects were. It was a price support mechanism, intended to benefit farmers by putting a price floor on their products. What that translated into was higher food costs for the vast majority of Europeans who aren't farmers and have never even been to a farm. The CAP has always been a gigantic rent-seeking arrangement for a small group of highly cosseted farmers at the expense of the rest of the population, even the very poorest. Why would anyone of right mind wish to copy a scheme that even the EU's members have long recognized to be utterly harmful?

2. You talk as if every group of citizens has a "right" to be "entitled" to some product or other, but that isn't how economies work anywhere. All goods and services have their costs of production, and there are no free lunches in economics: if something is "free" to consumers in some way, someone else must be paying for it. Europe's economies are productive enough to tolerate even wasteful and anti-consumer schemes that tax the general populace to pay off small groups of rent-seekers like the farming lobby.

Nigeria, on the other hand, is an extremely low-productivity economy where most people are so poor they aren't even worth taxing, while the government is so bloated and has borrowed so much that just covering its interest payments to foreign lenders already consumes the entirety of its diminished revenues from selling unrefined oil. Where, then, is the money supposed to come from to pay for whatever it is you think Nigerians are justified in feeling "entitled" to? And why should it be in the form of subsidizing petrol, in a nation where cars are out of the reach of most, at the expense of primary education, clean drinking water, primary healthcare, roads, policing, sewage disposal and other such necessities? You write as if there were no such thing as an opportunity cost, and that we can afford to squander billions of USD annually on a scheme which encourages criminality through oil bunkering and the mass smuggling of artificially cheap petrol to neighboring countries, with no consequences for other domestic priorities.

The harsh reality that you and most other Nigerians refuse to accept in the face of even the most glaring evidence, is that the Nigerian federal government is broke, only managing to service its external debts until now by taking out fresh loans to pay off the old ones while wasting whatever little is left on a bloated public service and subsidizing the cost of fuel for the very wealthiest who own all the cars and big generators. Now that interest rates have gone up worldwide, the cheap rollover loans Nigeria depended on for the last decade are no longer available, and even if access to the debt markets hasn't completely closed, the interest rates now being charged to highly indebted African countries are so high they guarantee a future default unless the government can manage Chinese style 10% annual growth for at least an entire decade. This is a feat no Nigerian government has never achieved, so what is the alternative? Would you prefer that the government lighten its load by resorting to hyper-inflationary money-printing, Weimar Germany style? Because that is the track down which Buhari and Emefiele have headed over the last 8 years.

The time for delusions is over. The subsidy has to go as soon as possible, and large-scale privatization has to follow hot on its heels. That is the only way to avoid defaulting and being shut out of debt markets for a generation, alongside basket-cases like Venezuela. What Nigerians do or don't tell themselves they have a right to be entitled to doesn't enter into it in the slightest - they don't have the will or ability to bear the taxes to pay for such desires out of their own pockets.

M4A1carbine:
Dude..don't punch above your pay grade. Everything is not useless banter, that is baseless in results. Countries put ....

Price Caps
Percentage interest
Production Volumes

.....to either counter inflation or mitigate against economic resessions. Economies that subsidise consumables, might even give tax holidays to major manufacturing firms to actually cushion the burden on the poor.

Even in that country, Muritala Mohammed instituted a price cap on consumables. So don't disgrace your self buy writing a Nonsensical reply..

Wetin pass you pass you..go play ludo.

More illiterate gibberish. No evidence, no reasoning, nothing but empty bluster from a badly-educated halfwit who thinks others can be commanded to supply goods and services at unprofitable rates simply because that's what his outsized sense of entitlement demands. If you had an IQ above 70 you'd count yourself lucky.

Chrismania100:
Ogboni, stop sounding so foolish and studip,just to exonate your chief of commander in the drug lord business called Thiefnubuu.
When we see people like you that are quick to defend Thiefnubuu whenever igbo person is involved in drug business, it shows that you are forcing people to clean Thiefnubuu name as a drug lord.We all know the origin of drugs businesses in Nigeria. Olodo, Stop sounding stupid cos an igbo man is involved, yoruba too involved in drug business, ritual blood money and yahoo yahoo businesses too.

Rubbish. If all your gibberish had an ounce of truth to it, why would the NDLEA be arresting these two Igbo drug lords the day after Tinubu's inauguration? Why would he be allowing officials serving under him to interfere in a business that is supposedly his? Shouldn't he be telling them to turn a blind eye instead?

Instead of recycling the same old slanders against Tinubu in an effort to deflect from how your kinsmen continue to put you all to shame, perhaps you should spare some of your concern for all the Igbo youths who are certain to die from drug overdoses if Fentanyl production takes off in the SE in the same manner as already seen with crystal meth ( aka "mkpúru mmìri" ). This same drug is already responsible for a decline in life expectancy in the United States, thanks to the actions of the Mexican drug cartels from which so many of your kinsmen are directly learning the tricks of the trade.

Merely forfeiting money in a purely civil action 30 years ago doesn't give anybody the skills to make Crystal Meth and Fentanyl, and the Mexican drug rings don't give their secrets away for free. Igbo-run Meth and Fentanyl labs are festering like mushrooms in the SE because your people have become so dominant in the international drug-trafficking business that the Mexicans value them enough to share their trade secrets. I doubt there is a single Yoruba alive or dead who could say the same.

M4A1carbine:
This is just the intro.

As regards compensation for the effects of fuel subsidy, ..why will people be given palliatives, when other stringent means can be employed to alleviate sufferings?

Build the dilapidated roads

Equip the hospitals

Open the freaking borders

Improve electricity supply so that dependence on fuel for generators , reduces drastically.

Improve security in Lagos, because Tinubu supporters, have started breaking car windscreens and stealing on stagnant traffic

PUT A PRICE CAP ON BASIC CONSUMABLE COMMODITIES, so people won't be exploited.

All avenues that facilities exploitation, should be exhumed and. discarded. Like AGBEROS fees on transporters. Like Police extortion on commercial motorists. Once, these are done, traders won't factor in cost of insane transportation. Thereby making goods affordable.

Let me just tell you the gospel truth..TINUBU is a Blunder, his supporters will regret the most. Day Never break,. Lamentations don start

Someone economically illiterate enough to think price caps will "prevent exploitation", rather than create shortages, has no business lecturing anyone else on their political choices. Your demands are the sort of nonsense even a first course in economics at the secondary school level would have made transparent.

kevapet:
Mr Seun, Now i see why you were never a fan per say of President Tinubu from wayback. It's because you are an ardent follower of the propaganda arm of Yes daddy and his obidient cult-like followers. And more so, there's no petrol scarcity anywhere. Almost every filling station here in Ibadan sells petrol. Though some of them failed to on Sunday even though they have it but i knew it was because they were waiting to hear from the new administration. I will be heading to the nearby filling station to get fuel in the next few minutes, there are no queues in many prt of Ibadan that i've been to tody i'm surprised it's entirely different thing in other parts. And then the president officially assumes office today so let's wait and see what will happen befor night falls and it's ridiculous when people point finger at President Tinubu for removing the subsidy when in actual sense it was the past government under ex president Buhari that did that. The president only reiterated the stand of the new government that the subsidy is gone with the last government and that's it. I think the subsidy still have to June before expiration or so.

As much as I disagreed with Seun's support for an Obi presidency - which I saw clearly from the start as the Igbo-chauvinist project that it really was - on this particular subject he is correct. There is simply no need for Tinubu to wait until the end of June to completely abolish the subsidy: the only reason why news of its impending abolition is currently causing hoarding and queues is because the distributors haven't yet been given the freedom to set prices at will. In any market where prices are allowed to freely rise and fall, supply should quickly meet demand. This petrol subsidy nonsense is a bandage best ripped off immediately and all at once, instead of being stretched out and allowing market distortions to accumulate in the meantime.

RedboneSmith:
Anybody who just dislikes an entire ethnic nationality of millions of people based on whatever rubbish stereotype or stereotypes is a simpleton.

I don't even know what to say to anyone who publicly proclaims that he hates his own people.

You've summarized the issue perfectly. The same intellectual limitations forcing the OP to take the JAMB all of 7 times are clearly to blame for his hasty generalization of his limited personal experiences to cover tens of millions of people - and that's assuming he's even Yoruba in the first place, rather than yet another troll looking to stir up tribalistic strife.

TheGift:
Ok, don't swear, provide evidence; I actually prefer that (even though I know you will never find any cos I have evidence that your evidence does not exist.)

All you've done here is admit you didn't bother to actually read any of the links I provided. Thankfully, anyone else reading this post can easily confirm that I shared multiple documents from credible sources, all confirming the ugly reality some would like to deny: Igbos dominate both the international drug trade and international fraud.

That the above statement is deeply unflattering doesn't make it untrue or a smear. Reality has no obligation to flatter anyone's tribal self-esteem. The real tribalism is pretending otherwise, and claiming Igbos deserve no extra scrutiny simply because people from other tribes occasionally make the news for the same offenses. Yes, one might find the occasional Yoruba and the very rare Hausa engaged in such crimes abroad, but it is outright dishonest to pretend that the existence of, for example, a crook like Mompha, somehow means northerners are just as guilty of 419 as Igbos. Where international crime is concerned, the statistics don't lie.

Of course I don't expect you to understand any of this, as you clearly don't understand even simpler things, but it's important that it be noted for other readers with greater intelligence than yours.

TheGift:
LOL, so it shouldn't be a problem for you to do. Humor me or would you rather swear in a court of law?

Like I give enough of a damn to perform for you like a dancing monkey. Swear on Amadioha, Sango or whatever you like, it's still all superstitious rubbish useful only to fraudsters and liars who can't stand being defeated by verifiable evidence. You wouldn't know what "evidence" or "verification" is if it hit you in the face, which is why you're reduced to "swearing" rubbish like a market-woman.

TheGift:
Mr projects, who began with the tribalizing which I initially called out, keep on projecting.

And since you don't have the guts to swear by your FALSE assumptions, can you stop with it already?

"Guts to swear" kini? Are you yet another wannabe fraudster who thinks everyone is gullible enough to think swearing does anything whatsoever? GTFO with that superstitious nonsense.

TheGift:
LIAR!

And now you're reduced to incoherence ... Like I said, every time you type out your prattle, you indict yourself, not me.

TheGift:
Meanwhile, I still can't get over the fact that you actually edited my post to paint a false picture.

It's like you and falsehood are like Jacob Zumas two index fingers. You need prayers, for this level of easily verifiable fraudulence.

Project, project, project. Every claim you make against me is an inadvertent admission of your own flaws. You are just another poorly-educated tribalist who thought he could deflect the shame caused by yet another of his kinsmen through the usual "whataboutism" that is your stock in trade.

TheGift:
You are accusing people of fraud, meanwhile you blatantly and fraudulently went to edit my post to suit your narrative This is the most blatant fraudulence I have ever seen on Nairaland.

Please how do I report this? someone help me. Cc @nairaland

So you're not just mendacious but slower than a tortoise? You don't recognize when you're being mocked? If I'd known you had the IQ of a box of rocks, I wouldn't have bothered trying to respond to you with facts.

TheGift:
In other words I am not confident about my FALSE assumptions.

Good that you can own up to your deficiencies. I'm certainly confident about mine, which is why I have gone to the trouble of providing evidence for the ugly reality you're trying to wish away with empty rhetoric and blatant deflection. It is simply an indisputable statistical reality that Igbos overwhelmingly outnumber Yorubas and everyone else when it comes to being arrested abroad for either drugs or fraud. Just about the only variety of international crime that Igbos don't dominate is the Italian prostitution rings run by certain Edo people smugglers. Otherwise it's Igbo domination all day every day, attested to by the United Nations, Chatham House and the London Metropolitan Police (none of whom have a stake in defending or smearing one Nigerian group over another). As such, any attempts to deflect from stories like this one by making lame references to "Tinubu" or Hushpuppi are motivated merely by a tribalistic attempt to save face, not by any desire to grasp reality as it objectively is.

TheGift:
We see the world as we are not as it actually is. You who started with the tribalization are now trying to make me the tribalist. Reverse psychology? It won't work.

My entire point is that there are criminals from different tribes just like there are good achievers from same. If you don't get that, then forget about it.

Meanwhile, if you really believe that I am denying who I am then swear on your life and that of your family and I will do same. Otherwise... stop with your WRONG assumptions. Cos when you assume, it makes an ASS of U and ME!

Snooze. Deny all you want, your agenda is clear. No one forced you to bring up Hushpuppi and claim he was worse than this latest crook, so don't complain when others pay you back in your own coin. If you want to speak about reality rather than self-consoling lies about "there are criminals from different tribes", deal with the reality that numerous foreign bodies have noted Igbo predominance not just in drugs, but in financial fraud as well.

https://www.chathamhouse.org/sites/default/files/public/Research/Africa/nigeria1106.pdf

https://www.cambridge.org/core/books/abs/history-of-the-republic-of-biafra/no-longer-at-ease-fraud-and-deception-in-postwar-nigeria/122C4E023B6F26AE1C735EA1CF55DC70

https://www.unodc.org/pdf/transnational_crime_west-africa-05.pdf

https://www.degruyter.com/document/doi/10.7560/717732-019/html

and let's not forget the time when the FBI charged a massive 77 Nigerians with fraud.

https://www.premiumtimesng.com/news/headlines/348131-full-list-of-77-nigerians-charged-by-fbi-for-massive-fraud-in-america.html

That you can find one or two Yoruba swindlers for every 100 Igbos caught doesn't suddenly mean we are all obliged to pretend Igbos don't have a peculiar problem with fraud, anymore than catching the occasional Yoruba trying to sell drugs in Saudi Arabia disproves the near-complete Igbo dominance of the international drug trade. If you try to deny these hard facts, then what you are doing is fleeing reality, not "facing" it.

TheGift:
Well, 50 Cent thinks Hushpuppy is the more real fraudster. But yeah, we can argue that Emmanuel Nwude is a major competitor for the top spot. But what about our very own "Escobar?" whose entire history and true source of wealth has been shrouded in mystery and had even been indicted for receiving proceeds of heroin sales, in 1993, a whole two years before Emmanuel Nwude came on the scene?

In your tribalistic mind, giving up less than $700k in a civil forfeiture case - an entirely non-criminal process - is worse than being convicted of defrauding hundreds of millions, and merely being the (alleged, not proven) recipient of cash someone else criminally obtained makes one not merely, at best, a money launderer, but the equivalent of Pablo Escobar! Funnier still, this supposed "Escobar" was traveling freely to the USA and receiving the American ambassador at his personal residence even as a private citizen, indicating you and your ilk are in possession of incriminating evidence unavailable to the American government. If so, why are you wasting time shouting "Escobar" up and down on this website, instead of sharing your intel with the DEA?

You guys certainly can't be faulted for lack of imagination, even if it is clearly at the cost of your grasp of reality and your sanity.

Meanwhile, the likes of who are shouting 'Amaka"? Unfortunately, your assumptions about me are 100% wrong. I don't have a dog in the WaZoBia fight. I am just an indispensable minority in this geographical contraption.

Sure, if you say so - and I am the Emperor of Mexico! As if anyone who wasn't Igbo would be interested in deflecting a story about yet another Igbo criminal - in a seemingly endless line of Igbo criminals - being nabbed in India, by dragging the name of a Yoruba fraudster into the discussion. Deny it all you like, it's clear as day what you are and why you made your ridiculous comment. It is simply a fact that no Yoruba fraudster comes even close to the most audacious Igbo swindlers.

TheGift:
And HushPuppy from another "major tribe", single handedly did what a thousand of the others couldn't do to put us on the global scamming map, with the aide of His dear friend Kyari, from the 3rd major tribe.

Hushypuppi was a weak imitation of Obinwanne Okeke, aka "Invictus Obi", who can be seen here boasting about the fact.


https://www.youtube.com/watch?v=H6ltje1Td38

But the real OG of international fraud is Emmanuel Nwude, who stole $242 million from Brazil's Banco Noroeste

https://en.wikipedia.org/wiki/Emmanuel_Nwude

I guess this is the point at which the likes of you start shouting "Amaka" up and down in praise of your peculiar prowess.

kingsclass:
You mean BAT disciples.

Funny how he only ever seems to have Igbo "disciples". Is the Iragbiji so many of you claim Tinubu comes from actually located in Anambra state?

Why is it that we never ever hear from any members of MURIC other than Ishaq Akintola? What proof is there that MURIC is anything more than a one-man "organization"? It's typical of Nigeria's lazy and irresponsible "journalism" that this blabbermouth is repeatedly passed off as if he were a spokesperson for anyone other than himself and his own peculiar views, with absolutely no effort ever made to ascertain just how many active members his "MURIC" actually has, what their demographic makeup is, etc. It's as if Nigerian "journalists" find the idea of MURIC "too good to check", because Akintola can be depended upon to give them the eye-catching, inflammatory headlines they need to sell papers, veracity be damned.

JAYUK:
I wonder why the law enforcement agents are quick to make arrest, break into hideouts and gun down miscreants in south east but same expertise, vigor and break throughs are not heard of in the north, where boko Haram and other world acclaimed terrorist groups are ravaging villages, killing people in hundreds and Chibok girls rescue is still a mirage to date.

Yes, they should treat Igboland equally, by being just as incompetent and lackadaisical about targeting terrorists and other criminals there as they are elsewhere. It's so unfair to the residents of the SE that policemen are actually doing their jobs in the region - they have an equal right to expect "policing" as useless as it is anywhere else in Nigeria! Won't someone think about the SE's poor kidnappers and terrorists? Don't they have a reasonable right to practice their trade in peace? This is a crucial matter of fairness, equity and justice!!

Moniya4Real:
Of course, you heard it from acNN and BBC. So, you believe there are no corruptions in the west as well? Because they invariably underreport it unlike you Africans. In the film ‘Pinky and the brain’ in Pinky’s voice: “People believe what they want to believe “

First of all, if you dislike the West so much, why are you quoting a Western cartoon? Do you think "Pinky and the Brain" is a documentary made by Russia Today or something? Second, your misspelled gibberish is irrelevant to the question at hand: even Russians aren't stupid enough to claim that their country is anything but a cesspool of corruption.

https://en.wikipedia.org/wiki/Corruption_in_Russia

https://www.transparency.org/en/countries/russia

https://www.ecpmf.eu/putins-russia-how-propaganda-bolsters-corruption/

https://foreignpolicy.com/2022/07/05/russia-corruption-security-threat/

Russia-loving ignoramuses like you are of course perfectly free to try your luck immigrating there, and if you're lucky, maybe you too will get to serve as cannon-fodder in Putin's "Special Military Operation", assuming the Russia neo-nazis don't slit your throat first ...

https://observers.france24.com/en/20080805-neo-nazis-videos-violent-attacks-online-russia

https://www.splcenter.org/fighting-hate/intelligence-report/2009/russian-neo-nazis-publish-death-list

https://www.theguardian.com/news/2018/apr/24/russia-neo-nazi-football-hooligans-world-cup

https://www.latrobe.edu.au/news/articles/2022/opinion/russias-long-history-of-neo-nazis

Not that a subliterate Putin-worshipper would believe anything coming from a Western news source, so I'm sure you're busy packing to go watch "Pinky and the Brain" cartoons in Moscow as we speak.

Utterly ridiculous - as if Obama or anyone else worthwhile was eager to visit an autocratic hellhole of corruption like Russia! There's a reason why we always hear about Russian oligarchs with yachts and mansions in Europe and America, rather than the other way around.

OfoIgbo:
It was Adeosun that commenced the wrecking of the livelihood of Nigerians. She led Nigeria into a double-dip recession and was totally clueless as to what to do to arrest the situation.
Top make matters worse, she is also an NYSC certificate forger.

Emefiele helped make it easy to prove that Tinubu rigged the elections.
If Emefiele hadn't restricted the flow of naira and changed the colour of some naira denominations, it would have been easy for Tinubu to simply buy the votes of electorates.
But with Emefiele changing and restricting the flow of the naira, Tinubu had no option but to allow loopholes to exist, which is what the Peter Obi and Atiku lawyers are now exploiting.

Illiterate rambling by a cretin who doesn't know the first thing about either finance or economics. Adeosun was only in charge of raising funding for the budget passed by the NASS. Ensuring the stability of prices and the money supply is Emefiele's central duty as governor of CBN, but tribalistic ignoramuses like you wouldn't know anything about that, even though it's Emefiele's failures in that regard which has done untold damage to Nigeria's growth rate for the last 9 years.

https://www.economist.com/finance-and-economics/2015/08/27/wheelbarrows-to-the-rescue

https://guardian.ng/opinion/the-economist-and-cbns-toothpick-alert/

https://businessday.ng/columnist/article/emefiele-a-central-bank-governor-in-the-politicians-image/

Go ahead and accuse The Economist of being "Lagos-Ibadan media" or being in Tinubu's pay, as you buffoons usually do!

Instead of owning up to your unbelievably incompetent kinsman's culpability, you try to apologise for Emefiele's utter incompetence by claiming he did it as a political act to sabotage one candidate in particular, so mentally slow are you that you fail to appreciate you're essentially saying Emefiele is both lacking in even basic economic expertise and that he's a partisan hack who violated his oath of office by straying into matters out of his field of responsibility. Congratulations on further incriminating your worthless joke of a kinsman for the deadweight that he is.

One thing you and your ilk have no shortage of is shamelessness in your hypocrisy; another is your utter stupidity.