₦airaland Forum

OkOk...

aribisala0:
Console yourself I am saying you should get lost
What you think is irrelevant to me
I don't give a shi t

^^^


Nonsense.

You will learn not to make wild, unfounded claims again. Those claims (just like your sins) will find you out.

Peace.

Fujiyama:
^^^


Nonsense.

You will learn not to make wild, unfounded claims again. Those claims (just like your sins) will find you out.

Peace.

Impotent noise

Sccarrr:
whats funny? We know ppl like don't even understand half of what's said.. u just don't want any good fr d country...team in saner climes yen yen yen

Who is dis one?
I don't usually engage pples here but I'll make you an exception.
What in the heck is your problem?
Do you have a license in pple laffin here?
If NO, then just waka pass.
If YES, then what did I do wrong in laffin?
Read the post again and tell me it's not funny.
Come back again in a yr's time and tell me the same thing.
And by the way, you lick that thing too much and it's not good for your health.

dayleke:
Who is dis one?
I don't usually engage pples here but I'll make you an exception.
What in the heck is your problem?
Do you have a license in pple laffin here?
If NO, then just waka pass.
If YES, then what did I do wrong in laffin?
Read the post again and tell me it's not funny.
Come back again in a yr's time and tell me the same thing.
And by the way, you lick that thing too much and it's not good for your health.

you don't usually engage ppl blablabla, yenyenyen... Mtcheew

Sccarrr:
you don't usually engage ppl blablabla, yenyenyen... Mtcheew

Thank you.
You have been noticed.
Have a nice and blessed Sunday.

dayleke:
Thank you.
You have been noticed.
Have a nice and blessed Sunday.

mtcheeew! u too have a nice and blessed Sunday

Seun:

https://www.youtube.com/watch?v=hNf97-hy7Gw

Our Finance Minister, Mr. Wale Edun, who is responsible for fiscal policy, appeared on ChannelsTV to share his plans to improve the Nigerian economy:

1) Giveaways. He spent half of his time talking about giveaways. He feels most of the excess naira in circulation has gone to the rich, so he wants to share more excess naira with the poor as well. 🤐

2) To plug revenue leakages by channelling all revenue directly to the FG and disbursing expenditures directly to intended recipients without intermediaries who might embezzle the money. ✔️

3) To increase tax collection by 70% this year without increasing tax rates and eliminating some types of tax that are unnecessary. ✔️

4) He want to pay back Ways & Means by looking for new sources of revenue. I felt that his explanation of how that would be achieved was vague. It's unlikely to happen after CBN's data showed an increase in W&M. ❌

5) Collaborating with CBN by increasing interest rates to attract FPI. I find this to be short-sighted if attracting hot money is the perceived benefit of raising interest rates and not the reduction of inflation, & FDI. Also, our real interest rates are still negative, so how will this work? ❌

Overall, Mr Edun has some decent ideas but his overall plan is inadequate to solve our problems.

I recommend inviting the economists who spoke at Proshare's Economist Conference to Abuja for a retreat where they can help him to develop a comprehensive plan that might actually work.

The blue pill to Nigeria's problem is to enact, implement and enforce a law that stipulate that 80% of our national budget should be spent on the local economy.
Either in procurement, execution, or research.
The resultant effect will be massive, because you will have billions of naira floating around and looking for where to land because the budget have to be implemented.

Secondly, any person or group of persons that benefits from government contracts should be made to have 70% of their wealth in the local economy

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