Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,383 members, 7,812,130 topics. Date: Monday, 29 April 2024 at 08:44 AM

Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa (10674 Views)

President Buhari And CBN Governor Godwin Emefiele Arrives Addis Ababa / Nnamdi Kanu Now Dot In A Circle, Arrested In Addis Ababa, Remanded / Buhari Leaves For Addis Ababa For AU Meeting (Photos) (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by fergie001: 8:14am On Feb 15
STATE OF THE NATION: TINUBU TO MEET STATE GOVERNORS

President Bola Tinubu is set to hold a crucial meeting with governors from all 36 states at the Aso Rock Villa this morning before departing for the African Union meeting in Ethiopia.

This gathering, only the second since his inauguration on May 29, takes place against the backdrop of escalating economic and security challenges in the nation.

Opposition governors, from the Peoples Democratic Party, recently drew parallels between Nigeria's economic state and that of Venezuela, citing hyperinflation, increased starvation, crime, and elevated mortality rates. The Presidency responded by critiquing the governors' performance, emphasizing their failure to meet salary obligations in their respective states.

Protests have erupted in some states due to the surging cost of living, with citizens demanding solutions to the economic crisis. In response, President Tinubu has directed the immediate release of over 100,000 metric tons of assorted food items from both the strategic reserve and the Rice Millers Association of Nigeria.

Arise TV

5 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by ImoleNaija: 8:15am On Feb 15
Una no dey get tired of all these fruitless meetings ni?

From the days of Buhari until now, the economy never get head.

80 Likes 6 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Enemiesmasquera: 8:16am On Feb 15
Tinubu the disaster. E no go better for anyone still defending this clueless president

77 Likes 4 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by malali: 8:16am On Feb 15
There is more to this naira devaluation than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain why there is an infinite amount of Naira in circulation. Even if the naira was free floating by now it should have reached an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited, because salary has not even been increased yet. Only thing that could account for daily devaluation is if someone other than the CBN is printing naira. Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

The government should declare a state of emergency right away, this currency devaluation is getting out of control.

30 Likes 3 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by MrProlific95: 8:18am On Feb 15
Tinubu should limit his travels, he shud send his assistant most of the time. The Government is fragile

29 Likes 2 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by maestro299: 8:20am On Feb 15
Play play, play play, this man go even travel pass Buhari o. Emi lo kan Baba no wan even stay the country for one week, e go find somewhere to japa. He leave him mumu supporters behind make dem dey enjoy the 'renewed shege' wey him promise dem.

cheesy cheesy cheesy

16 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by crossfm: 8:22am On Feb 15
Hehehe.

Ajala the traveller grin tongue.

A man who's house is on fire is busy chasing rats.

What is the importance of AU meeting to Nigeria at this point in time. He should send someone to represent him, while he look for ways to salvage the situation we are in.

State governors are glutinous in Nigeria. They just da flex.

25 Likes 2 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Isokiscool(m): 8:22am On Feb 15
Opposition governor's should ignore this failure of a president,APC governor's should go and meet their president

12 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Franklyspeakin: 8:22am On Feb 15
There is an imminent crisis coming and it worries me. Tinubu has to take charge before muslim fasting commences. I see the north starting a major uprising then. what could fuel this crisis is the increment in Electricity, Gas and PETROL.
Things are quite expensive and there is serious hardship in the land. Also if i where the president i will limit external travels. A coup could occur with the loud support of the north and silent support of the East. Wahala dey come ooo. DSS take note

24 Likes 4 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by DamnnNiggarr: 8:22am On Feb 15
shocked
Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Franklyspeakin: 8:29am On Feb 15
Does he care.
malali:
[b]There is more to this naira devaluation than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain why there is an infinite amount of Naira in circulation. Even if the naira was free floating by now it should have reached an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited, because salary has not even been increased yet. Only thing that could account for daily devaluation is if someone other than the CBN is printing naira. Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Tinubu should declare a state of emergency right away, this currency devaluation is getting out of control.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?[/b]

2 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by femisplash: 8:31am On Feb 15
Removal of subsidy, floating of the naira, removal of FX arbitrage, investigation into CBN finances, stopping NNPCL from receipts of oil revenues, restructuring NNPCL, gas revolution and expansion, rehabiliation of refineries, decentralisation of electricity, rehabilitation of Ajaokuta steel, increased states's FAAC allocations, constitutional review, etc. The President is systematically retooling and refixing the structure from its core. For far too long we have lived a fake lifestyle and false economic realities, an import-dependent country with little or no buffer whereby 98% of her revenues services loan facility and parasitic subsidy payments. Those nations we help develop their economy through imporation with scarce FX, had at a time in their history gone through similar or worse sacrfices and economic turbulence. The current surgical economic and structural revolution is for the greater good of the country.

31 Likes 2 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by History555: 8:34am On Feb 15
malali:
[b]There is more to this naira devaluation than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain why there is an infinite amount of Naira in circulation. Even if the naira was free floating by now it should have reached an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited, because salary has not even been increased yet. Only thing that could account for daily devaluation is if someone other than the CBN is printing naira. Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Tinubu should declare a state of emergency right away, this currency devaluation is getting out of control.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?[/b]

Buhari printed 22 trillion naira. No one knew till March 2023, two months to go, those with the money are the ones buying every dollar available

7 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by MADIFF: 8:48am On Feb 15
grin

Plus WIKE now grin grin
Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Parydelegate: 8:48am On Feb 15
Shey na statistics(meeting) we go chop?

4 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Nahunger(m): 8:48am On Feb 15
Watin dem wan discuss?

2 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by mathewob1: 8:48am On Feb 15
This must be a comedy

2 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Stevenson20: 8:49am On Feb 15
Tinubu till 2090

Man is as useless as letter P in psychology

8 Likes 2 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Ayblast: 8:49am On Feb 15
Traveling again! Chaiii
Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by tommy589(m): 8:49am On Feb 15
If the governors like let them continue stealing states monthly allocations and do nothing. Tsunami is coming. They are fooling themselves if they think it's Tinubu problem alone and they won't be affected

5 Likes 1 Share

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Nahunger(m): 8:50am On Feb 15
ImoleNaija:
Una no dey get tired of all these fruitless meetings ni?

From the days of Buhari until now, the economy never get head.

Very fruitless and useless meetings, as soon as dem leave the venue, everything discussed don enter Waste bin.

8 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Duelee: 8:50am On Feb 15
Y'all should sit your black ass and solve the problem in this country.... If you like go to Alice Ababa nothing gon change...

God please punish all Nigerian govenors with massive boils in their zebra black ass so they can't sit their ass down when they get to Alice Ababa.

Yoo! Guys. I'm presently buying LinkedIn accounts. WhatsApp 07.0.3.6 1 9 61 .84
Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Skillsnigeria: 8:50am On Feb 15
Okay
Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Kingosytex(m): 8:52am On Feb 15
If you still think Tinubu has the magic wand to turn things around then you're delusional.

4 Likes 2 Shares

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by femisplash: 8:52am On Feb 15
History555:


Buhari printed 22 trillion naira. No one knew till March 2023, two months to go, those with the money are the ones buying every dollar available
Governor Obaseki was the first to raise the alarm at the time.

21 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Centcanada: 8:52am On Feb 15
Foreign president continue your travelling. Land lord travel a s see. One day the plan go cr@sh and we Nigerian will breath fresh Air

4 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by Fatbam005: 8:53am On Feb 15
Kangaroo meeting again

2 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by BigBlackPreek(m): 8:53am On Feb 15
The governors are our biggest enemies

3 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by frankmoney(m): 8:54am On Feb 15
Wtf Is he going to do at Adis ababa

3 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by SpatialKing(m): 8:54am On Feb 15
What is happening in Addas Abba?

This is just Buhari Pro Max

2 Likes

Re: Economic Hardship: Tinubu To Meet 36 Govs Before Departing For Addis Ababa by SpatialKing(m): 8:56am On Feb 15
frankmoney:
Wtf Is he going to do at Adis ababa

You can imagine 🥹...

Tinubu is just useless

2 Likes 1 Share

(1) (2) (3) (4) (Reply)

Mimiko Gives Automatic Employment To 10 First Class Graduates Of AAUA / Nigeria’s Economy Is Bright – Lai Mohammed / Free Trade Must Be Fair Trade, Says Buhari

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.