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Nigeria Facing Worsening Economic Crisis, Says IMF - Politics (5) - Nairaland

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Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Ibrahimmufutau: 1:00pm On Feb 12
Never4getU:
Useless IMF and WorldBk after achieving their set agenda to continue to impoverished Africa.

if not basterdised leadership and lack of patriotism why Nigeria and some other Africa countries go caps in hands begging the enemies of Africans for these 'poison Charlies' called loans from western donors countries, knowing fully well that, these loans would find their ways back to their countries vis-a-vis our cancerous corrupted leadership. These loans, rather than transformed our lives for betterment it further improvised our lives, no foods, no water, no electricity, no good medicare, bad education curriculum except the children of rich, promotion of drug addiction among the youths so that they would be ready made tools to unleashing political terrorism manipulating by heartless political barons and jobbers who only care to continuing enriching themselves and pauperised their fellow citizens. Nigeria and Africa needs a new progressive orientation in order to emacipating ourselves from neo-coloniansim.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by DatNiggaDaz: 1:01pm On Feb 12
benjaminlawson:
Are they not the same people who directed him to remove subsidy and float our naira. Are they so dwarf to know the consequences of these policies.
And he stupidly fell for their deception because of emilokan. Selfishness and greediness. They knew he rigged the election, they know he sttole the mandate. But why should they complain about that if The thief Tinubu is ready to play Ball to do their interest and keep the stolen mandate grin grin.

Subsidy removal does not and will never favour Nigerians but the colonialist only. They are now buying every Nigerian's resources and assets with cheap Dollars grin grin

You heard about LEKKI. They want an airport built in Lekki as fast as possible. They want a seapört built in Lekki as fast as possible. Lekki will be their gateway to their investments. If you are a Nigerian and still thinking that Lekki will be for your benefit or Nigeria's benefit, then just go and play "janglova" with kids.

The Ronus are doing exactly that building lekki free trade zone. The Governor of Lagos state recently made a statement to that effect.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Birdbyrde440: 1:05pm On Feb 12
greenermodels:
In summary, the IMF is asking Tinubu to increase government revenue by increasing existing taxes and introducing new ones? I'm asking because that's what I infer from their comment about Nigeria having a low revenue to debt ratio.

Internationally not locally. We are not exporting anything yet we are spending humongously.
Corruption, paying civil servants salary and other useless endeavours

1 Like

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Ulogwe1: 1:14pm On Feb 12
DatNiggaDaz:
Don't hate them, if you hate them you will murder every white man currently in Africa. Hate the game. They are always afraid of intelligent strong Black president with balls.

They saw a thief in Tinubu without balls because that fool Tinubu wanted to keep that presidency at all cost hence emilokan grin grin

They offered him an offer he could not resist knowing he is stupid, corrupt and greedy and BAM., the rest is now the reality grin grin

iIMF love stooges, puppets in Africa. If you make yourself one they love your ass, if you don't they hate you and talk about you using their old strategies of " Human Rights" and freedom of speech against you.

Black Africa needs intelligent and corrupt free Black president who are not greedy


My brother, you caught me on this one jare. Wetin I even know.

These political class are too naive and anything that will keep them office they will do it.

But my problem is with Nigerians that will never say no these corrupt political class.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by DatNiggaDaz: 1:18pm On Feb 12
Ulogwe1:



My brother, you caught me on this one jare. Wetin I even know.

These political class are too naive and anything that will keep them office they will do it.

But my problem is with Nigerians that will never say no these corrupt political class.
Tribalism, tribalism and more tribalism. The 2023 fraudulent election made sure that the corrupt politicsl class will have their way. When they have their way, colonialist will have their say grin grin
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Anatolia: 1:29pm On Feb 12
No , your recommendations to Tinubu and his daft economic team are ruining Nigeria.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Anatolia: 1:38pm On Feb 12
Nvestor02:
IMF don't know what they are saying, they want Tinubu to keep borrowing money from world bank for them to keep their relevancy.

Little did they know that Tinubu is a genius And can generate the unbelievable amount of money internally that would met up to our infrastructure demands.

IMF should watch on how our GDP will grow in the next year.... Some organizations has already ranked it as one of the fastest growing in Africa for this months.

It's now for the citizens to meet up to the new reality, govt has stopped paying for some certain things for them.


And also, I commended Tinubu for fighting insecurity, because there has been many reportage of how Soldiers, Amotekun and police are arresting the bandits these days.

Tinubu should further declare more war against Insecurity.

I surely know that new minimum wage would be implemented before March because the negotiation for it is already going on.

You are living in a fools paradise .

2 Likes

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Nteogwuija(m): 1:51pm On Feb 12
Never4getU:
Useless IMF and WorldBk after achieving their set agenda to continue to impoverished Africa.


Don't blame IMF, blame African leaders. You can only blame IMF if African leaders are robots, who's got no brain and will of theirs.

1 Like 1 Share

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by banku: 2:31pm On Feb 12
Which of the problems indicated by IMF was created by Tinubu 7 months reign?

Some people are so blinded by hypocrisy they do not even bother to read the report. They already have readymade talking points to achieve their insidious Agenda.

1 Like

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by theredaddy: 2:32pm On Feb 12
NairalandForumo:


Read your comment again, you are still validating everything I have said, you have just blamed Igbos for everything, the Roonu word was used to blame Igbos that is why Igbos hate it, we were blamed for trying to burn down Lagos and the word attached to it was Yoruba Roonu....


Whatever meaning you and your people choose to read to "Ronu" thats your problem, there are so many things igbo say in there language to caution themselves around yorubas, we never cared or give a fvck.

It is the sole responsibility of the indigenes to protect there land, if "Ronu" dey vex you that is certainly not our fault
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Crucialgem(m): 2:40pm On Feb 12
bjdon:

Your craze dey take sterioids!
Countries develop by implementing sound economic and social polices and following the rule of law, not by prayer. Get your head out of the clouds and into the REAL world

Do you know what lamentation and curses bring? Negativity which in turn holds progress down, don't develop country have economic crisis too but when last have you seen an American citizen curse their country or leaders, it is always God bless America
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by donborg(m): 2:42pm On Feb 12
ogododo:

https://punchng.com/nigeria-facing-worsening-economic-crisis-says-imf/?amp

How I wish Nigerians are well armed like American citizens. These wicked poltiefcians would have been wasted by now so that they will never enjoy their loot in peace.


DEMOCRACY WITHOUT ARMED CITIZENS IS AS USELESS AS MILITARY DICTATORSHIP

2 Likes

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by NairalandForumo: 2:46pm On Feb 12
theredaddy:



Whatever meaning you and your people choose to read to "Ronu" thats your problem, there are so many things igbo say in there language to caution themselves around yorubas, we never cared or give a fvck.

It is the sole responsibility of the indigenes to protect there land, if "Ronu" dey vex you that is certainly not our fault

That's why we don't want to join in any protest so that there will be nothing to blame us with...
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Asswipemod: 3:09pm On Feb 12
Validated:
Tinubu and his supporters are playing with the sensibilities of Nigerians. The suffering will soon push people to fight back soon.

If you guys didn't fight back during Buhari's years of suffering and insecurities, you don't have any moral rights to do so now. All this talk about fight back and shit is all about how you want to install Hoebee. Why can't you guys just accept the reality and move on? If Hoebee was president, things wouldn't have gone differently. Hypocrites!
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by theredaddy: 3:33pm On Feb 12
NairalandForumo:


That's why we don't want to join in any protest so that there will be nothing to blame us with...


If you check history book, i am sure the 1st protest in Nigeria was not Endsars, before Endsars nko
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Johnjustice: 4:29pm On Feb 12
IMF advised us to increase fuel price, increase taxes. Any government that listens to IMF is a stooge, IMF is a private company that is profit driven. Model indigenous economic policies for our home economy.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Franking: 4:30pm On Feb 12
Reduce cost of governance. Stop all wastages and fight corruption.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Franking: 4:37pm On Feb 12
banku:
Which of the problems indicated by IMF was created by Tinubu 7 months reign?

Some people are so blinded by hypocrisy they do not even bother to read the report. They already have readymade talking points to achieve their insidious Agenda.

Remove your head from your shithole. The ripple effect of Tinubu's overzealousness is what you are seeing today. How much were commodities before Tinumbu removed fuel subsidy? In fact, how much was a bag of rice or cement while Buhari was president and how much is it now? That's just a point of contact for every other commodity. Government, whoever that is, should fix the mess.

1 Like 1 Share

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by NairalandForumo: 4:58pm On Feb 12
theredaddy:


If you check history book, i am sure the 1st protest in Nigeria was not Endsars, before Endsars nko


Tinubu's style of politics is a dirty type.....
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Johnjustice: 5:09pm On Feb 12
greenermodels:
In summary, the IMF is asking Tinubu to increase government revenue by increasing existing taxes and introducing new ones? I'm asking because that's what I infer from their comment about Nigeria having a low revenue to debt ratio.
IMF is all about getting back their loans with interest, they don't care about Nigeria or Nigerians.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 9:44pm On Feb 12
Never4getU:
Useless IMF and WorldBk after achieving their set agenda to continue to impoverished Africa.


Clown


IMF is not your problem.
Same IMF advice turned singarpore and South Korea to economic world powers.

Blame your clueless and freedy leaders and dumb followers.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 9:45pm On Feb 12
Johnjustice:
IMF advised us to increase fuel price, increase taxes. Any government that listens to IMF is a stooge, IMF is a private company that is profit driven. Model indigenous economic policies for our home economy.

Not all there advice is wrong, if considered from the logical and economic aspects.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 9:48pm On Feb 12
DatNiggaDaz:
And he stupidly fell for their deception because of emilokan. Selfishness and greediness. They knew he rigged the election, they know he sttole the mandate. But why should they complain about that if The thief Tinubu is ready to play Ball to do their interest and keep the stolen mandate grin grin.

Subsidy removal does not and will never favour Nigerians but the colonialist only. They are now buying every Nigerian's resources and assets with cheap Dollars grin grin

You heard about LEKKI. They want an airport built in Lekki as fast as possible. They want a seapört built in Lekki as fast as possible. Lekki will be their gateway to their investments. If you are a Nigerian and still thinking that Lekki will be for your benefit or Nigeria's benefit, then just go and play "janglova" with kids.

The Ronus are doing exactly that building lekki free trade zone. The Governor of Lagos state recently made a statement to that effect.

My friend stop sounding naive.

What's the big deal in Lekki?
How much do you think Nigeria worth?

The same colonists selling there onshore petroleum assests in Nigeria?

You are a joker.

Face Nigeria problem and stop living in an illusion.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 9:50pm On Feb 12
donborg:


How I wish Nigerians are well armed like American citizens. These wicked poltiefcians would have been wasted by now so that they will never enjoy their loot in peace.


DEMOCRACY WITHOUT ARMED CITIZENS IS AS USELESS AS MILITARY DICTATORSHIP

It would still not work, the average blackman is stupid and gullible. they would rather use the gun to kill their enemies that charms failed to kill, than fight the government.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Shikini: 9:55pm On Feb 12
Sad
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 10:06pm On Feb 12
PlanetZero:


Go sit down. Na imf dey embezzle our money left and right? Imf stop our politicians from infrastructural development?

Make una dey deceive una sef
You dey mind the foolish ppl?We are in this mess, becos we are majority populated by low IQ ppl like this folks.

2 Likes

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by blueAgent(m): 10:08pm On Feb 12
DatNiggaDaz:
Don't hate them, if you hate them you will murder every white man currently in Africa. Hate the game. They are always afraid of intelligent strong Black president with balls.

They saw a thief in Tinubu without balls because that fool Tinubu wanted to keep that presidency at all cost hence emilokan grin grin

They offered him an offer he could not resist knowing he is stupid, corrupt and greedy and BAM., the rest is now the reality grin grin

iIMF love stooges, puppets in Africa. If you make yourself one they love your ass, if you don't they hate you and talk about you using their old strategies of " Human Rights" and freedom of speech against you.

Black Africa needs intelligent and corrupt free Black president who are not greedy

More illusion than reality.
Where you see intelligent strong black leader? and all they can create is 3rd world countries.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by SisterAnn(f): 9:13am On Feb 13
Tonididdyx:

Oga shhhhh your trap of a mouth!

Me n U know the last election was riddled with rigging and corruption.
This is time for Nigeriand to get down from their high horses and cause the change they want themselves at any m3ans necessary
That guy really needs to shhh his trap.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by kennedymonk(m): 11:12am On Feb 13
IMF doesn't understand the uniqueness of the Nigerian economy. Their reports are for an ideal society and not Nigeria. Corruption, weak legal systems and insecurity are almost always never factored in appropriately

2 Likes

Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Fujiyama: 1:13pm On Feb 13
KAYCEEJUNIOR:
What are you even saying, Abacha government was far better than Obj, Yaradua and Goodluck combined.

^^^
This is incorrect.

The Abacha administration was a poor one.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by Johnjustice: 2:55pm On Feb 13
blueAgent:


Not all there advice is wrong, if considered from the logical and economic aspects.

All their advice is from a point of self interest. They only care about government getting more revenue, so government can pay back their loans and interests. Caring less about loss of disposable income, which leads to inability of the people to demand for goods and services, less investment and employment etc...If you use all your money to buy fuel, pay VAT, what will you have to save, and invest as citizens. IMF is always clamouring for government to demand more taxes and increase fuel price.
Re: Nigeria Facing Worsening Economic Crisis, Says IMF by uba1991: 3:25pm On Feb 13
Tinubu is worst than calamity

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