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Transcript Of President Tinubu's Speech On The Current Economic Challenges - Politics (3) - Nairaland

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Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by TalkingBird: 7:55pm On Jul 31, 2023
I know that I spend more on fuel now. I spend 3 times more than i used to with very strict movement plan.

It used to be 5k every week now 15k with restrictions in movement.

I was benefiting from fuel subsidy. I deed and wish to have it back.

But the reality is prophecy must fulfill.
The situation is caused by the one who prophesied about it but by the person who knows he has a short period of time left.

sadly the suffering will continue for the majority.

It truly does not belong to man to direct his steps.


It is harder because of the hypnotism.

1 Like 1 Share

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Curse777: 7:55pm On Jul 31, 2023
ganisucks:

I would resign. Because all those things listed indicate that the Cabal is telling you to go. There's no two ways about it. But politicians being politicians like deceiving themselves. Just like coaches, who need numerous disgraceful attacks from the board before they pack up.

Intresting... Flight or Fight you choose Flight

I guess Tinubu picked Fight

And he has been fighting Cabals one after the other ..

We shall see who wins

3 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kenmatt(m): 7:56pm On Jul 31, 2023
I stopped reading when I came across; "I will not talk in difficult terms" I will be plain not to talk on economic jargons , as if he was not reading just a written text.


I am a Tinubu admirer but I found so many errs from the speech.

He is hell-bent in subsidy removal, not actually because of the good it will do to our economy but to cut down the power and influence of non elected elites who are making chunk of money via it.

He claimed that as a result of the very big sum of money they make from this, it's a treat to our democracy.

One very important question, what does Tinubu do for a living to have in his disposal the kind of money he has.

NB; I do not support these caucus who are like Parasites to Nigeria's economy but it's like "Baba" was talking out of jealousy, "when one crimbs, he cuts the Ladder"

4 Likes 2 Shares

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by oonyeoma50: 7:56pm On Jul 31, 2023
Tinubu is the best thing that has ever happened to Nigeria, he is a god sent.
We the good people of Nigeria urge Tinubu to increase the volume of whatever he is doing to Nigerians, we love it, don't listen to anybody.

God bless president Tinubu,
God bless federal republic of Nigeria

5 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ruffDiamond: 7:56pm On Jul 31, 2023
Nobody get time to dey read long lie ,fused with taiquya,make court remove am sharp Sharp undecided

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by diggindeep: 7:57pm On Jul 31, 2023

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by NaijaCover(m): 7:57pm On Jul 31, 2023
Following The Speech
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Blackdisciple(m): 7:58pm On Jul 31, 2023
So what did he say someone should please enlighten me...

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Johel(m): 7:58pm On Jul 31, 2023
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by phorget(m): 7:58pm On Jul 31, 2023
Buhari shut boarders and asked us to be patient; our patients yielded no positive results.

Emiefiele also came up with naira redesigning with the hope of a positive results but non was forthcoming.


...Now its bulaba turn to ask for our patience and understanding.

4 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Houseontherock1: 8:00pm On Jul 31, 2023
Nothing to write home about undecided

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Curse777: 8:00pm On Jul 31, 2023
mrvitalis:

Give the money to banks oga at a lower interest let th re loan the money to the sector u want... How difficult is that?

Not a bad idea , if banks won't end up lending only selected few
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ORIENTATION101: 8:01pm On Jul 31, 2023
isoftic:
Buhari said the same thing in 2019.

With much hope, we anticipate
show us were buhari saved 1trn in 2019 or shut up!!

2 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by rickleye: 8:01pm On Jul 31, 2023
ogododo:



https://dailytrust.com/full-speech-tinubus-speech-on-current-economic-challenges/
mm

Great first step !
Allowing us know his thought process.

Next steps are duration of implementing.
One could have worked in reverse - which was leave the subsidy until a replacement plan was in place .
It’s like you going to a doctor needing stitches, the idea thing would be to have fresh stitching available, not remove the old ones and then looking around for new stitches.

Didn’t vote for the dude but all this is gonna take 2-4years to implement

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Prezzido(m): 8:01pm On Jul 31, 2023
oonyeoma50:
Tinubu is the best thing that has ever happened to Nigeria, he is a god sent.
We the good people of Nigeria urge Tinubu to increase the volume of whatever he is doing to Nigerians, we love it, don't listen to anybody.

God bless president Tinubu,
God bless federal republic of Nigeria
God bless you

5 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by yinkeys(m): 8:01pm On Jul 31, 2023
Na so buhari talk
He’s gone now

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ojoagba: 8:02pm On Jul 31, 2023
Corn247:
Thank you your excellency, we trust all your decisions. May God grant you wisdom and understanding to lead this nation into her greatness .
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by OpinionCounts(m): 8:02pm On Jul 31, 2023
For several years, I have consistently maintained the position that the fuel subsidy had to go. This once beneficial measure had outlived its usefulness. The subsidy cost us trillions of Naira yearly. Such a vast sum of money would have been better spent on public transportation, healthcare, schools, housing and even national security. Instead, it was being funnelled into the deep pockets and lavish bank accounts of a select group of individuals.


Did my president just say the above?

I laugh!!!!!

Who fought Jonathan tooth and nail in 2015 to ensure subsidy is not removed? And even called removal of subsidy a big fraud and a deliberate act to punish the poor.

Na wa oo.

10 Likes 2 Shares

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by aloma007(m): 8:02pm On Jul 31, 2023
Boring 😞 if you need to know.

I mean very boring 🪴

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by pendragonbladgo(m): 8:02pm On Jul 31, 2023
The best Economic President, subsidy is gone .....
Nigeria is great again, is time to build her economic afresh

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by erniok(m): 8:02pm On Jul 31, 2023
FreeStuffsNG:
Great! This is a listening President who understands the pain points of patriotic Nigerians.

We will support you Mr President. We believe you and will not stop praying for your success. Our hope is once again renewed. Thank you Mr President. God bless you. God bless Nigeria for ever! Check my signature for free stuffs!
This is what the president should have been doing. Keeping the citizens in the loop of his policies. Great policies by the way just that the timing wasn't perfect and I hope the implementation won't be the usual looting especially the funding of SMEs.
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Akaegwu(m): 8:04pm On Jul 31, 2023
ogododo:



https://dailytrust.com/full-speech-tinubus-speech-on-current-economic-challenges/
I didn't see any point of sale for corn 🌽 garri and bean. I can kill because of this three things. I cherish them soo much.
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kayyy: 8:04pm On Jul 31, 2023
mrvitalis:
Sad really sad same mistake Buhari made
Same mistake..

Government has no business giving out loans to people that can't work corruption would eat 80% of it... I don't know why they keep doing this maybe they actually want to eat from it

You want to spend 50 billion do cultivate rice? Fine... Make this money available to banks at say 3% interest rate Banks loan this money to rice farmers at 10% ... Bank has to make sure the loan get to the right people to make their own profit

Banks know the real rice farmers

What is so difficult here... Why must u leave room for people to steal why?


I am sorry to do this and pls do not take this as an attack, if you do not like someone you will never see any goodwill of the person and sometimes you would only argue blindly. We know on this forum you do not like this man, I just want to address something, when you lots tout your mantra of "from consumption to production" how do you intend to achieve this production without giving the SMEs access to loans for their manufacturing ? Or were you going to import the manufacturing firms from abroad ? This man's press release is trying to capture the poor of the poor, the petty traders and moving up to the manufacturing people, should he have abandoned those that are least on the ladder and focus loans only to SMEs? Lastly while you might have a point that loans are conduit for people just taking their part of the national cake and not ready to pay back, at the end of the day no matter how true this is , no serious government would use that as an excuse to turn away from loaning businesses, Jonathan loaned businesses and there was corruption, all the people that were given rice mill license and allowed to import rice for a period with waivers , how many of then completed their rice mill ? But Buhari wasn't going to because of that suspend the efforts for rice sufficiency and had to give loans again, even Peter Obi would not because loans giving out before have failed now refuse to give manufacturing firms loans too . So rather than just conclude that the loans would fail, can you tell us the better way to fund these SMEs and other manufacturers?, Thanks

3 Likes 1 Share

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by akpumping7720(m): 8:04pm On Jul 31, 2023
He left out the issue of refining our crude oil locally! Let's just watch and see.

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by LordAdam16: 8:05pm On Jul 31, 2023
Steaming pile of horse sh*t.

Meffy and Buhari did better, painful as that is to type.

Wrap up the minimum wage discussions ASAP. The superfluous hare-brained schemes speckled in this disheveled, uninspiring speech will not be noticed by the plebs.

-Lord

4 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Ozommadu: 8:05pm On Jul 31, 2023
Johnthesuccess:



You are a bloody liar and a fool..I'm watching the Oyo protest right now on the news. It was about payment of pension and gratuities been owned the workers by Oyo state government. This is how madness has taken all you Obi supporters by spreading fake news. I hope you people die quickly from high blood pressure since you will not relent in castigating Tinumbu. Why not kuku die and leave the remaining of us to enjoy the goodness of this country. Eyin oloriburuku gbogbo. Ee nii Kure.

Enjoy what goodness?? Suffering and smiling no go kee you.

Osun protest today was about what too??
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Shattuck(m): 8:05pm On Jul 31, 2023
Curse777:



grin grin

Nothing una no go wail about

Let me measure your Administrative ability as a human

Let's say you become The President today

1: No Subsidy in 2022/2023 budget
2: inflation is going up
3: your next budget is after fully setting up all commitee of National Assembly


What will you do?!

Give an insight



Intresting... Flight or Fight you choose Flight (to run)

I guess Tinubu picked Fight (face the challenges)

And he has been fighting Cabals one after the other ..

We shall see who wins




.
which cabal has he being fighting? The very same people who made him president?

3 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Danidinho4: 8:05pm On Jul 31, 2023
Anytime you hear MY FELLOW CITIZENS, understand its a calm before the storm.

Talk is cheap!

2 Likes

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by okorogodwin4(m): 8:05pm On Jul 31, 2023
olatade:
President Ahmed Bola Tinubu had made my evening. His address to the nation today and which he just concluded now,shows statesmanship and the preparedness of someone who is very ready and purposeful to work. More than never before,I have never be so convinced in the speech of any politician like this speech I just listened to from his excellency,president Ahmed Bola Tinubu.

He had shown a mastery of the economy and a thorough understanding of what he wants to do to get the nation out of the economic mess that it found itself. I think I am beginning to have hope renaissance and I pray that he derail not.

May God help him.
you have been brainwashed by Tinubu

1 Like

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by grandstar(m): 8:05pm On Jul 31, 2023
I am not a fan of government soft loans to business. They are usually squandered.

It would have been better if the CBN fought inflation. Tinubu and the CBN do not want the economy to enter a recession and have therefore been dovish about inflation.

Low inflation would be the best present to the suffering masses. Next should be to bring commercial lending rates from banks down to single digits. Rates of 9% and less should be the standard. This will help certain perk up the economy

4 Likes 1 Share

Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Curse777: 8:06pm On Jul 31, 2023
Shattuck:
which cabal has he being fighting? The very same people who made him president?

When Emefiele and Hadi sirika start speaking at DSS you might get the clearer picture

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