trutharena:


He is speaking with regards to one aspect of corruption. That dosent mean he won’t tackle the remaining issue I stated, this is just a 2min video boy.

Tinubu is far intelligent that most of you guys so he understood the game well. When he was elected as governor in 1999, companies pay taxes using manual method which usually cause lot of corruption back then because records are not traceable. He was the first governor to fully digitize the system such that companies can pay directly to the state and record can be saved and tracked and that boosted Lagos revenue.

Everything this man talk about, you can always find one example in Lagos. Check Lagos HOMS, this kind of mortgage is open already and with the right powe, structure, and cooperation with the banking sector, more can be done at the FG side.

trutharena:



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

chigoizie7:
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.

trutharena:


He is speaking with regards to one aspect of corruption. That dosent mean he won’t tackle the remaining issue I stated, this is just a 2min video boy.

Tinubu is far intelligent that most of you guys so he understood the game well. When he was elected as governor in 1999, companies pay taxes using manual method which usually cause lot of corruption back then because records are not traceable. He was the first governor to fully digitize the system such that companies can pay directly to the state and record can be saved and tracked and that boosted Lagos revenue.

Everything this man talk about, you can always find one example in Lagos. Check Lagos HOMS, this kind of mortgage is open already and with the right powe, structure, and cooperation with the banking sector, more can be done at the FG side.

trutharena:
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.

trutharena:
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.

CheapHomes1:


You haven't answered the questions.

What system is he creating? If it can work in the US, why is it working in the US?

shibanbo:

What do you call this brilliant or what did i hear,chai some people are long gone. My brother please ask him where he will get the funds from

abbey621:


I just gave you the answer, you need someone smart enough to pacify the North without being bullied to neglect the South. Atiku does not fit this bill and Obi without political backing will be chewed, can't make it anymore clearer for you!

trutharena:


I don’t even understand your question because it makes no sense.

You might want to read it yourself and ask again:

Funflipper:


You see yourself. Until Nigeria embrace the credit system. everything will crinue to fall apart. Imagine your level of ignorance on mortgage and credit lines. Anybody earning 50k a month with good credit should be able to afford a car of 2 million naira which will be paid over the years depending on your down payment. If the system is not changed now, you will start hear civil servants stealing 3 trillion naira because you have to pay 100% for everything.

Authoreety:
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

CheapHomes1:


The question is very straightforward.

What system is he creating? If it can work in the US, why is it working in the US?

CheapHomes1:


The question is very straightforward.

What system is he creating? If it can work in the US, why is it working in the US?

aujile:

Most of the ones shouting upandan and celebrating the speech have little or no understanding of the things you stated

CheapHomes1:


I didn't ask you about ob, GEJ or atiku. I asked you How is Tinubu the path to the least chaos?

What chaos did you identify in your explanation that Tinubu is the least path to?

dejavubobo1:
A mortgage system that ll be a yoke on the bearers. U ll practically end up working fr the banks and govt...

After 35yrs in service u ll look back and would ve spent all ur labour paying fr a house & car.
Non govt workers shouldn't even venture. Life go tire them.

wirinet:


Someone earning 50k a month should be able to afford a car of 2million on credit? Are you joking? Won't he spend out of that 50k salary on transport, feeding, housing, medicals, electricity, family, etc. Will the 50K even cover his living expenses? Then when he purchase the car, will he run it on water? Will he get free service and parts for the car? If any of the Lagos Revenue collection agencies like LASMA or VIO catch him for one flimsy excuse or the other, he will be fined more than 50k.

When a bag of rice is now 35k, gas is going to N10/12kg cylinder, electricity is about N60/Kwh, petrol is trending towards N300/litre, etc, you are talking about N50k per month salary being credit worthy.

chigoizie7:


What is he contesting for? President of Lagos state or president of Nigeria?

Unfortunately he will never be the president sha, you can hit your head on the wall if what I said is not okay with you, I don’t care.

wirinet:


It's working in the US because they have single digit credit rate and inflation. And the dollar is stable.

trutharena:


You asked if it can work in the US, why is it working in the US?

Nairalanders, does this question make any sense to you guys? Please help us here coz I’m confused.

Golan007:


We'll sew about that.

I'm sure you think Obi would be president.

abbey621:


Guy I don't have time for this, if you believe we haven't seen chaos from the past 7 years(Religious, political, financial), please miss me with it. Argue with your phone jaare, nothing do you!

trutharena:

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

trutharena:


Even ordinary barbers take credit in USA. Oga forget all this long talk, come USA come learn.

Some guys that get here as student from Nigeria can even take credit to buy iPhones on ordinary teaching assistant job. They even give student credit cards without any jobs, the only issue is that they will cap it at low limits.

Well the remaining 30% employed can enjoy the benefit of credit until we lift the rest out of unemployment.

Both of them can work together. Stop being dumb, open your mind to see the brighter side of life.

TheOldGods:
if obi doesn't win, them overall Atiku can win.