₦airaland Forum

Trollronaldo:
Tinubu's analysis

I think I Will give Kano to kwankwaso

Their projection is not scientific enough.👌

Wow! Yet another poll projecting victory for Obi.

I’m sure Tinubu BATstards will start checking if SBM Intelligence is owned by an Igbo man or if they have a single Igbo employee so that they can use that one as lifeline of defense.

However, I don’t think Peter Obi will win Ondo and Kogi like they claimed here.

Again they excluded Adamawa from states where he would get 25% but Obi will get 25% in Adamawa.

Meanwhile, can anyone tell me what’s happening in Katsina?🤔 This is the second poll I’m seeing giving Peter Obi a chance in Katsina. I dismissed the first one as a product of poor statistics but seeing Katsina again feature again as one of the States Obi will get 25%, I’m forced to ask who are the people that want to vote Obi in Katsina? And no be say dem get considerable Christian population 💁. Does anyone have any explanation?

People just dey carry Tinubu BATstards handicap since wey jungle mature😜

I’m sure when Seun Kuti called Peter Obi an opportunist, Tinubu rodents thought he was supporting Tinubu but their hearts are shattered 🤣.

Seun said Tinubu and Atiku should not even feature in discussions.

I come dey like Seun again 😜

Tinubu and his urchins gon’ cry blood after 25th.

Ndi ala!

So it’s true?

I’m happy that this news is true.

Other stupid injustices, including those meddling into monetary policy, should take note.

Null and void.

Every suspension must emanate from the ward level.

Tinubu should stop causing trouble everywhere. No be by force to support him.

https://www.youtube.com/watch?v=N1gMzJiDvqc

Veteran writer, Chimamanda Ngozi Adichie, has endorsed Peter Obi.

With her global influence, you can imagine what this means for the candidacy of Peter Obi.

Nlfpmod
Mynd44

seunlayi:
This is nice write-up. My people in the SW should read it

Lol!

Unfortunately your people in the Southwest are letting Tinubu lead them to the slaughter because of his selfish ambition.

But I know it’s not all of you sha.

Hmmmmm!

These guys are now losing it.

I’m sure they are no longer using their senses because they’ve now gotten to a hysterical altitude.

I just hope the common man in the street doesn’t fall prey to their misinformation sha.

If the Justices of the Supreme Court know what is good for them, they should strike out the case on the next sitting and avoid a stand-off with the executive; and also deny the stupid governors that are doing nonsense the right and justification for their madness.

Supreme Court needs to save itself from itself now.

A lot of brouhaha has gone about the Naira redesign policy which has pathetically been dangerously politicized with some politicians scheming on how to defeat it.

While some are scheming to defeat the policy because they think it puts them at a disadvantage, some others are throwing their weight fully behind the policy because they believe it will give them a fighting chance against some supposed heavyweight politicians with heavy financial war chest to prosecute the upcoming elections.

But away from politics, let’s try to make a dispassionate appraisal of the policy, highlight its numerous advantages and why well meaning Nigerians should support it to succeed.

1) CORRUPTION
One of the major things that the cashless policy being pursued by the CBN through Naira Redesigning will tackle, greatly, is corruption. Every keen follower of the Nigerian system knows that most illicit funds that are being stolen from govt coffers are moved in cash to avoid being traced by govt anti money laundering agencies. But with the introduction of cashless policy, if it succeeds, it will now be increasingly difficult for these scrupulous elements to move illicit funds as almost every electronic transaction can be traced through the help of BVN.

2) INSECURITY
A popular maxim in the security sector is that “security is an expensive venture”. It is the reason billions are budgeted for it.

But just like security, insecurity is similarly an expensive venture. It costs millions to buy guns and maintain supply of logistics. Now, the money used for this venture is moved through the “black market” in cash to avoid triggering suspicion from security agencies.

Now, if this policy succeeds, cash will disappear from the system and these guys will be forced to either source funding in alternative currency or be forced to pack up. I hope you don’t believe the propaganda that they have Ghana Must Go of the new currency?

3) KIDNAPPING AND RANSOM TAKING
There’s this question that people have been asking as if it’s a joke but when you think through it critically, you would realize it’s actually true.

When last did you hear of kidnap since the Naira Redesign was introduced? Well, even the kidnappers know that kidnapping anybody and demanding for millions of naira in cash to be dropped off in whatever location is now equivalent to wild goose chase. Because the average Nigerian, and even the rich, cannot boast of 50,000 naira cash right now, not to talk of millions of Naira.

So, in the long run, it’s either these guys start to demand their ransom in dollars, for instance, which they know cannot be easily sourced or they begin to dare the authorities by accepting ransom through bank transfers which will expose them to easy arrest. Or alternatively, they would be forced to close shop.

4) MORE REVENUE FOR GOVERNMENT AND BANKS

For every electronic transaction in Nigeria, government has a 7.5% VAT that will go to it. Now, with almost everyone forced to start making payments via the electronic means, it means that there would be spike in electronic transactions which would also translate to more revenue to the government. A revenue that if used judiciously will aide the provision of social amenities and infrastructures.

On the side of the banks, with near disappearance of cash from the economy, most people who previously did not have a bank account would be forced to open a bank account as absence of it would mean you might have to close shop. Now, just like the government owns about 7.5% VAT on every transaction, so also does the banks have their own percentage which would translate to increase in revenue accruable to banks. And more revenue, banks will have more funds to either recruit more staff or pay their current staff better; a gain for Nigerians working in the bank.

5) GROWTH IN FINTECHs
Before this policy, Nigeria was already touted as the Fintech capital of the world, but with this policy, I expect Nigeria to cement her place as the Fintech capital of the world and even give an insurmountable gap to other nations in that regard.

Why do I say this? In that period when bank apps were failing, Nigerians resorted to some Fintect platforms like Opay, PalmPay, Sparkle, etc. I was surprised the day somebody made a payment to me with Sparkle ❇️. Before then, I had only heard about the platform once.

So, that’s it. This policy will help in the development and growth of Fintechs like these which would create heavy financial inflows for their owners. And I’m sure some of these platforms are owned by Nigerians. And even when not owned by Nigerians, they still offer employment to Nigerians and their growth means the possibility of need for more number of staff which will translate to jobs for Nigerians.

6) REDUCTION IN INFLATION
One of the disadvantages of too much cash in circulation is inflation. Nigeria’s inflation has been running riot and defiling arrest with its attendant high cost of goods in the market. But with the Naira redesign and accompanying scarcity of cash, traders have been reported to have no or low sales due to absence of goods. What this means is that we now have fewer cash chasing much goods, deflation, as against much cash chasing fewer goods, inflation. Don’t be surprised when the data for February inflation rate comes in and inflation has started taking a down spiral.

There you have it.

While I acknowledge some immediate discomforts that comes with the implementation of the policy, the long term benefits that the policy will bring far outweighs whatever short term discomforts it is causing us.

So, I join the President and the CBN Governor in appealing to us, Nigerians, to allow the policy succeed and not join some scrupulous politicians who are only after their selfish interest to sabotage this laudable policy.

Penguin is a bird of reason

Nlfpmod
Mynd44

Ayed44:
As far as monetary policies are concerned, everybody MUST take directives from the CBN.

Take directives from ur governor at ur own peril.

Leave them to fool around na.

muykem:
Federal government actually has good intention for naira redesign and cashless policy but is not worth destruction of lives and properties. The execution of the policy is horribly carried out, They targeted to solve few challenges but abandoned bigger consequences. Elections in crisis situations can never be free and fair.Votes buying is lesser evil to election violence.
CBN instruction to commercial banks to start collect old note is the beginning and end of the policy.

The execution of the policy was not horribly carried out, it was just hijacked by Tinubu and his men to ensure it is sabotaged until it fails.

But I hope Buhari doesn’t give in to them. It will be the height of embarrassment for the Federal Government.

The scrupulous governors must not have their way.

These guys are really pushing hard but I pray Buhari doesn’t bend.

incandescentena:
I stand by Governor Dapo on these order.

Emefiele lied to Nigerians resulting to shooting himself on the foot

All these things you guys are doing is hurting Tinubu’s ambition more than it’s promoting it.

With this level of desperation, Nigerians would rather have a military coup than have a Tinubu presidency.

Hmmm

Tinubu quickly walking in the same history path as Abiola.

See the kind of damage and insurrection he’s causing as a candidate begging for votes, now imagine what he would do with presidential powers.

This was the exact line that Abiola toed that made the cabal not trust him with power.

Obasanjo was right after all, that only Peter Obi is the one that can be trusted with power and corrected if he starts to veer off the line while in power.

Tinubu will never be president. The little chance he had has been diminished to zero.

E come be like the cabals have recruited Buhari in their drive to enthrone Peter Obi.

Shebi Tinubu and his BATstards said Obasanjo endorsement didn’t matter?

See presidential spokesman drawing strength from Obasanjo’s endorsement of the policy that Tinubu and his idiots are against.

The owners of Nigeria won’t be alive and watch Tinubu become president of Nigeria.

gaby:
Sickening.

Just reading your submission and I kept feeling my inner man being spoken to. Your kid sister's dream needs and deserves to be kept alive.

Whatever life has thrown at her was never her bargain and shouldn't be used as an excuse to kill her lofty dreams.

To this effect, I am volunteering to take charge of that kid's educational needs so long as you are able to provide every necessary and confirm able details down to the physicals.

God bless...

God bless you

dustmalik:
Nairaland has made it very easy to spot Ipobic miscreants

Leave IPOB and attack Buhari.

He is the architect of Tinubu and his foolish BATstards’ current tears, not IPOB.

Is it so difficult for you to comprehend?

Corruption (Tinubu) is fighting back.

But Buhari no send their daddy.

You don’t have any problem with Igbos but you threatened to throw into the lagoon if they refused to vote for the candidate of your lord and master in 2015?🙄

Don’t worry, you will hear scores on 25th.

Lol!

Nobody is listening to Ganduje and El-Rufai 🤣🤣🤣

Only Tinubu brainless BATstards take those two jokers serious.

The residents of Kano, Kaduna and Jigawa know who is in charge.

My belle dey sweet me 😜😜😜

God bless our darling daddy Buhari 😎

Phoen1X:
Wow,..how i wish i can lend them my three sharp cutlasses ,so they can help themselves.

🤣🤣🤣

I can help deliver it to them😜😜😜

Lol

Them say Nextier is headed by a member of Peter Obi Campaign Council.

Them come say ANAP is doing the hatchet job of Atedo Peterside who they claim supports Obi.

They also dismissed BantuPage polls.

Then Stears came, and now this one. And all of these polls continues to project one man as winner but idiotic and brainless BATstards with no regard for science believe their lord and saviour will buy the election with money.

Little wonder they are crying blood because of Naira redesign.

Peter Obi is the next president of you and your daddies.

Ndi ala!

Wike’s handbag has done what his oga directed him to do.

Abia people will so deal with this idiot.

He will lose his senatorial election.

His candidate in governorship will also lose scandalously.

You dey follow Wike dey dance surugede, we will meet you fools at the polls.

Ndi ala!

jogojogo:
Naira redesign is the name but there is a mission
It's not a fight against vote buying

Don’t be deceived by the theories of conspiracy theorists.

Wike has been denying that there’s crack in G-5 but the crack is becoming too apparent that it cannot be hidden any longer.

While Wike and Makinde are playing hide and seek around the urinating drug lord, Ortom has publicly endorsed Obi.

Ikpeazu and Ugwuanyi dare not stand against Obi.

Is our God not good?

Somebody should tell these fools to go and deposit the billions in their possession at the CBN and stop fooling themselves around.

Na people wey go listen to them I dey pity sha.

Una wan follow Buhari craze.

Una go still see werey

Ndi ala!

Very laughable conjectures.

Imagine they said Tinubu will get 25% in Ebonyi and Imo, and win Cross River. Chai!

Even Tinubu won’t believe this bullshit.