The Tinubu administrator spent the last one year on the same spot that Buhari left it, if not in a worse state now.

The TWO key policy thrusts of the administration failed miserably, hence Tinubu failed all courses in year one. A miserable failure as this would have resulted in a university advising such a student to withdraw.

Let's examine the administration's key policies, their macroeconomic impact and where they are now.

1. Removal of fuel subsidy: On May 29, 2023, an excited Tinubu, speaking before reasoning said,"Fuel subsidy is gone". Such a major policy statement is not done recklessly, as it affects ALL sectors of the economy. That statement sent a reverberating economic wilwind across Nigeria. The impact was a spirally inflation that is still out there. The economy went down from fledgling to distressing state. The hardship was and still is unsumountable that the NLC called out workers on strike. I hear they now demand N615K minimum wage or $500.
Today, and secretly too, the same government is paying subsidies at approximately N1 Trillion per month. What a disastrous policy that was. Perhaps if the government had been painstaking in making such a huge policy shift, Nigerians would have been faring better or at least be at par as when Buhari left them in economic survival. Now, people are secretly cursing the day INEC voted for Tinubu.

2. Floating of the Naira: This was even the stupidest thing to have been considered by any economic illiterate. It is just like a farmer who harvests his crop, takes them to the market and declares "pay me your choice price". What would the buyers do? They will offer what they like. Tinubu left Naira to float aimlessly. Even peasant fishermen know that you do not allow your boat to float aimlessly, that is why they anchor it, when not in use and navigate it when in use.
The floating of the Naira resulted to $1 rising to about N1950 before the regime woke up.
Imagine that you use to buy a product for N415. Then within a spate of five months, the same product is now selling for N1950. Your income remained unchanged, so you are in distress, hence we hear of new vocabularies like "ebimpawa".
Some of us in opposition advised the government about these two distasteful policies and the economic effect of these policies, all they did was to call us "bad losers" and "Obi supporters'. Today, they have swallowed their pride in humiliation and rescinded the policy. They now defend the Naira with our external reserves.

In summary, someone described the Tinubu's one year thus: "It is like a student who took his clean white and well ironed uniform, soaked in water, washed it with an expensive detergent, then hung it to dry". In effect, he wasted his time, wasted water, wasted the detergen tand achieved NOTHING.

Tinubu has wasted one year running around the circle. Both fuel subsidy and Naira floating failed miserable. That is not all, he created an avoidable hardship for the people, such that many committed suicide.

Interestingly, his uneducated followers are now celebrating that the Naira has gained against the $. They have soon forgotten that he met it at N415, but celebrating achieving about N1000. If you are a business minded person, you bought your goods at N1000 and only able to sell at N415, you should be weeping and not celebrating.

Tinubu's one year in office is "full of sound and fury, signifying nothing."

Culled from: The Truthteller.2024

Tinubu got absolutely nothing to offer Nigerians

A disaster foretold

Absolute nonsense.

This is the most accomplished problem-solving administration we have had, probably for 50 years. Mr Babangida's administration also tried

From the early 70s when Nigeria was awash with petro-dollars as a result of Middle East crises, no Nigerian administration has faced the diversity, scope, depth and complexity of the challenges this administration met when it took over.

Nigeria was virtually on the verge of financial collapse, borrowing huge sum to pay fuel subsidy that mostly went into a few pockets. Stupid.

Since then, Mr Tinubu's administration has slowly but surely steadied the ship, and before our eyes, we are beginning to see results and recovery from what many citizens, including myself, feared was an irreversible situation.

However, and surprisingly, step by step, the CBN has been taking steps that are delivering results before our eyes. Something that Egypt and Argentina who were in a similar situation as Nigeria up till a few months ago have been unable to replicate.

Argentina has gotten worse. Likewise Egypt. Yet, Nigeria's CBN is quietly achieving the unthinkable.

We have not seen this type of result-oriented competence from any previous administration in Nigeria.

This is the most tested government in several decades and one by one they are facing up to the challenges.

DeLaRue:
Absolute nonsense.
This is the most accomplished problem-solving administration we have had, probably for 50 years.

Toooo! Madalla! You nailed it. He is solving the problems he unforgivingly created by his unguarded utterances.

He is better than a former governor who is building substandard boreholes here and there.

One painful thing is that the initial gragra of the early months is now dieing down

And things have gone too sour

Imagine buying garri for 3k, never thought I would witness such in my life🤔

Let's hope the baba wakes up in the second year sha

First class

Epistasis:
He is better than a former governor who is building substandard boreholes here and there.

A former doctor is using his personal monies to dig boreholes that the government is supposed to dig.

Is everything well with you? Have you eaten your corn today?

ambale:
One painful thing is that the initial gragra of the early months is now dieing down

And things have gone too sour

Imagine buying garri for 3k, never thought I would witness such in my life🤔

Let's hope the baba wakes up in the second year sha

So the baba should leave his office to go and farm cassava .

Cassava can grow well in many parts of the country.

What is stopping you from growing it and contributing your own quarter to bringing the price of garri down?

You want perpetually subsidised fuel.

You want subsidised University education

You want subsidised gas.

You want subsidised electricity.

You want government to subsidise everything.

You also want the government to make garri cheap for you.

Haba

DeLaRue:


So the baba should leave his office to go and farm cassava .

Cassava can grow well in many parts of the country.

What is stopping you from growing it and contributing your own quarter to bringing the price of garri down?

So if you grow cassava finish, you go rear your cows urself too, plant your rice too yourself

You are really mad for quoting me

What manner of stupidity dey folo some of una sef?

In Apostle Sule's voice, the data bulliers dem

Sometimes, when some people say they can't see anything good in you ( this current administration) , just give them a hug, life can be difficult for a blind to see.

Ofunaofu:
Tinubu got absolutely nothing to offer Nigerians

A disaster foretold

Your biological father too is a Nigerian, tell him to come forward and tell us what he has to offer

PlasmaTV:

A former doctor is using his personal monies to dig boreholes that the government is supposed to dig.

Is everything well with you? Have you eaten your corn today?

Ask your pale at home.

Tilumbu's gomvment in one sentence?

One step forward . . . Infinite steps backwards . . .

WorldRichest:


Your biological father too is a Nigerian, tell him to come forward and tell us what he has to offer

Absolutely nothing, apart from drinking palm wine at their village square every morning.

The major problem of the Defenders of Government is their absolute hypocrisy and proving to be more Nigerian than everyone.
Instead of admonishing a wicked and irresponsible government, they introduce foolish politics, tribalism and unnecessary name calling. I know that many of them are just being wicked online, they are the worst hit by the failure of a government.
A government that introduced two major policies without adequate foresight, knowledge , preparation and responsibilities that has put people in penury needs to be called out by everyone.
One of them was attacking NLC for proposing 615000 for minimum wage, they have forgotten their propaganda that they were saving trillions of naira from subsidy monthly. Yet they can not pay 35k to civil servants to cushion the effects of subsidy removal.
Failure is a failure.
Let us learn how to call a spade a spade

WorldRichest:


Your biological father too is a Nigerian, tell him to come forward and tell us what he has to offer

Is Tinubu your biological father

Na madness dey worry you with your useless write ups.

DeLaRue:
Absolute nonsense.

This is the most accomplished problem-solving administration we have had, probably for 50 years. Mr Babangida's administration also tried

From the early 70s when Nigeria was awash with petro-dollars as a result of Middle East crises, no Nigerian administration has faced the diversity, scope, depth and complexity of the challenges this administration met when it took over.

Nigeria was virtually on the verge of financial collapse, borrowing huge sum to pay fuel subsidy that mostly went into a few pockets. Stupid.

Since then, Mr Tinubu's administration has slowly but surely steadied the ship, and before our eyes, we are beginning to see results and recovery from what many citizens, including myself, feared was an irreversible situation.

However, and surprisingly, step by step, the CBN has been taking steps that are delivering results before our eyes. Something that Egypt and Argentina who were in a similar situation as Nigeria up till a few months ago have been unable to replicate.

Argentina has gotten worse. Likewise Egypt. Yet, Nigeria's CBN is quietly achieving the unthinkable.

We have not seen this type of result-oriented competence from any previous administration in Nigeria.

This is the most tested government in several decades and one by one they are facing up to the challenges.

Are u ok? Did u read this absolute hogwash you wrote here before you posted , what you done here is to show infinite disrespect for Nigerians by trying to pull ur dirty tribal wool over our eyes , my friend are you ok?

Tinubu has borrowed over 15 trillions in one year. What an ignorant fellow!

DeLaRue:
Absolute nonsense.

This is the most accomplished problem-solving administration we have had, probably for 50 years. Mr Babangida's administration also tried

From the early 70s when Nigeria was awash with petro-dollars as a result of Middle East crises, no Nigerian administration has faced the diversity, scope, depth and complexity of the challenges this administration met when it took over.

Nigeria was virtually on the verge of financial collapse, borrowing huge sum to pay fuel subsidy that mostly went into a few pockets. Stupid.

Since then, Mr Tinubu's administration has slowly but surely steadied the ship, and before our eyes, we are beginning to see results and recovery from what many citizens, including myself, feared was an irreversible situation.

However, and surprisingly, step by step, the CBN has been taking steps that are delivering results before our eyes. Something that Egypt and Argentina who were in a similar situation as Nigeria up till a few months ago have been unable to replicate.

Argentina has gotten worse. Likewise Egypt. Yet, Nigeria's CBN is quietly achieving the unthinkable.

We have not seen this type of result-oriented competence from any previous administration in Nigeria.

This is the most tested government in several decades and one by one they are facing up to the challenges.

This is what the PDP was doing but you guys szid they were stealing all the monies. Now you know its not easy, you were criticising PDP ignorantly.

You'd say the did not save, has APC saved now? Or price of crude has been low for 9yrs?

DeLaRue:



So the baba should leave his office to go and farm cassava .

Cassava can grow well in many parts of the country.

What is stopping you from growing it and contributing your own quarter to bringing the price of garri down?

You want perpetually subsidised fuel.

You want subsidised University education

You want subsidised gas.

You want subsidised electricity.

You want government to subsidise everything.

You also want the government to make garri cheap for you.

Haba

fmrule:
Na madness dey worry you with your useless write ups.

It is only a mad man that you correct and ge does not know that what he is doing is wrong. Continuuu!

You can call me any name, but when your slavemaster, elRufai says the same thing, all SW went into cocoon.