₦airaland Forum

If you earn 100k monthly, you do not have to wait and save N5 million before you can buy a car/house when an arrangement can be made for credit cards/mortgage in a country that plans to reduce corruption and poverty.

This is part of Tinubu’s economic plan for Nigeria.

https://www.youtube.com/watch?v=T6tl00bCdr0

Jagaban.

Shame on wailers they said he's in France hospital

He claimed one of the reason for big corruption in the civil service is that the system is rigged against integrity because how do we expect a civil servant/Private workers earning like 100k to afford a house/car that is 8million by paying cash at once.

He said we can’t have a system that allow corruption while on the other hand have EFCC to curb the corruption.

He advised the best way to curb this is to set up mortgage system such that the people can pay in installment with FG working alongside the lenders to see that people can have access to such loans. With this, a civil servant don’t need to steal to afford cars and etc.

In Lagos, this is in practice with Lagos HOMS. The FG just need to back the banks with some security that can help them mitigate against defaulters that may arise.

To the Obituary people that invaded this thread, you’ve been asking for Tinubu stance on things like this, now he spoke brilliantly, you’re still bitter.

Whether you hit your head on stone or not, Tinubu will be your president in 2023.

Trust me, if Tinubu gets elected, he will build a long lasting mortgage structure in Nigeria that will outlive his government. This man understand how to build structure and he is a goal getter.

Chai

Confusion!

Tori...na now day break?

Just tell us about Lekki tollgate.

Good Morning Tinubu,

I guess you are just waking up.

U know all this and you didn't advice buhari? Left Nigerians to suffer for 8 years, because u want to be president?


We are not interested in your Bullionomics.

Tinubu is the answer.
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.
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To all obi fans, that's a fact and Facts don't care about your feelings...!!

OH God!...

This is just like a thief advising the community to create vigilante group if they want to stop the crime...




Nigeria is a big theatre of comedy indeed

And you couldn't advice buhari on stuffs like this.?

We are tired of you guys... No more chance for you in aso rock... Fly away yekini

Is this the best of Tinubu? Unfortunately he's saying gibberish even after all the editing.

How would someone earning 100k afford ro pay back a car loan of 3.5 million?

Even with a credit system. It will take 100% of his salary for over 2 years to pay for the car.

Which lender will agree to such a deal?

BTw Nigeria already has a credit system. Loan apps like Carbon and Branch use it.

The next president should focus on increasing local production to strengthen the naira.
So that car of 3.5 mil can go back to the 1.5 mil it was sold 7 years ago.

TINUBU HAS NOTHING TO OFFER.

Normal normal we need this.
The whites are not rich but stuffs like this are in place.
We need a government that can do this and make life easier for the people but when the government will come that's the problem.


Dj! Bring me 1 jar of palmwine and add 2 satchel of salt
Barman play me "Government na scam" by Martin Luther King and tiwa savage.

Iyasaburi:
Confusion!

Lol.

So this is the only thing you can contribute on this thread?

Why is it confusion? I’m waiting for your reply.

Vulturereloaded:
U know all this and you didn't advice buhari? Left Nigerians to suffer for 8 years, because u want to be president?


We are not interested in your Bullionomics.

Buhari shut Tinubu away from power and Remi Tinubu even complained about that. You can only advise the president, it is left to him to accept or ignore.

We are Obidient, simple!

Nairalanders, please leave tribalism for once and vote based on competence.
Think about yourself and your children when you vote in 2023. If you vote a foolish president, you'll suffer whether he's from your tribe or not. Ask my Northern brethren what they're passing through even with their brother as president.
Be selfish in this coming election, think about yourself first

As for me and my family, we're voting for Peter Obi because among the 3 frontline candidates, he's the most likely to perform

Lolz, he has stolen away your futures, now he wants everybody to be a living debt to him, a never ending debt.
Lolz look at their role model.
what happened to mortgage housing, you could not fix that one you are taking about credit.

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My friend gerrout!!! After chopping Nigeria to paralysis you re now talking credit system. Useless

OBI IS THE MAN!!!

Fear Allah and Shun voting for that is better for you if truly you seek Allah 's pleasure.

“Devil preaching Salvation”. So ironical

No be person wey get job de get good credit system? Abi who wan give you good credit when you are jobless? First of all tackle the issue of unemployment then other things can follow. How can you tackle the issues of unemployment? First tackle insecurity, electricity issues, accessibility to good roads and then good policies for investors both local and foreign. Because all over the world, government doesn’t create jobs, they lay out the policies that will favour private businesses which creates jobs both directly and indirectly.

You never talk about solving those major problems and you are already jumping to the credit systems.

Na only people wey no know about credit system u go de tell those nonsense, because you must count 1 before you count 2.

No be only credit system. Out of over 200million Nigerians how many of them are gainfully employed? Does Nigeria even have job security?

If first bank employ you and all of a sudden they do their normal retrenchments, but oga don go rush use vehicle finance buy car, once you are out of job and can’t pay up, the financier will reposes their vehicle ooh, and you will loose out both the ones you have been paying and the car.

Tinubu and how to reduce corruption in the same sentence?!

Okay nah. Get the mortgage running and allocate houses to your cronies right?

Credit is only good for a functional business to increase capacity.
Those who use it for personal expenses are driving themselves into untold bondage of hardship.
The only exception is mortgage because of the very low interest rate compared with credit cards .

Yes

See who is talking?
Well,this man na big thief sha
This man fit dis-arm men for underworld ooo

And I'm still laughing

This makes sense, in developed states, their people have already borrowed their Destiny for loans and mortgages and they are still doing fine



But I don't trust BAT.
NA SO HIM BROTHER TELL ME SAY $1 TO #1


Vote PO

F9

Anyway, he's very right on his assertion about good credit system (especially if workers & SMEs owners are deeply involved). It will not only discourage corruption but will also increase the number of middle-class citizens which in recent years have been drastically reducing. We need more of this kind of realistic ideas and issue-based campaigns.