₦airaland Forum

nairalanda1:
Hmm

Im gonna post this there. Do not read by the way



FOR THE SOURCE GO HERE


WE ARE going to borrow and keep borrowing until we follow Obi and Moghalu advice and...manufactured goods and services, and allow the free market work its magic in the power and petrol sector which means removal of subsides and cost reflective tarrifs...like some other African country...

Where is the power they are subsidizing? The system needs a clean up not all this subsidy theories you guys are peddling. This is a case of government not being able to manage her finances by subsidizing and unavailable electricity units

nairalanda1:
In other words , we got to export more than just oil.

Ok,i get it now. Thank u so very much boss,really appreciate.

Just 10 month in the master strategy in corruption one of the most corrupt president in Africa thief bola Ahmed Tinubu is doing what he knows how to do best by taking load without nothing to show after collecting the loans.i will continue from were Buhari stop 🛑

helinues:
Toh

As long as what you are using the loans for are visible, we have no issue

When has that ever happened in Nigeria?

If we had ever used portions of these loans for the intended purposes, our economy would have been structurally sound by now.

DMerciful:
Where is the money from removal of subsidy and floating of the naira?

You guys never learn!

so floating of niara means you save money?

Yorubaponudanu:
We are going to continue borrowing and nothing any other tribe can do about it

Who was discussing tribe here? If your brain can't understand why not return to the romance section.

Illiterate.

Yorubaponudanu:
We pray Tinubu die in that seat

looolx! We are all gonna die one day bro,death is inevitable! N anybody or everybody will have to die somewhere n anywhere.

israelmao:
The real pig is you because it is typical of it to sling mud indiscriminately even without regard for its owner.No matter how you clean up pig he will still wallow in deep mud in a twinkling of an eye.

I think peter obi should write a book about how he singlehandedly increased Anambra's gdp to be $5 trillion dollars higher than california's gdp of $3.9 trillion. Do you know that anambra has the best city metro system in the world better than new york's subway and london underground?

FirstSense:
Where is the power they are subsidizing? The system needs a clean up not all this subsidy theories you guys are peddling. This is a case of government not being able to manage her finances by subsidizing and unavailable electricity units

Problem with subsides? Price controls.

That prevents the power companies for example from making enough profits to fix things. Also prevents investment

And causes the problems that you mention.

Why are you cherrypicking? Didn't you see subsidy there?

And yes, if you say you no longer defend the naira, that money should be available, shouldn't it?

Khyrvxjzy:
so floating of niara means you save money?

adenigga:
Source: https://punchng.com/Nigeria-set-to-receive-fresh-$2.2bn-World-Bank-loan-Edun

It's a shame

KingKO22:
US, UK, China, India anc other developed countries also borrow to support their economy so I don't think borrowing is a bad idea but using it judiciously should be our concern

US ... UK ... China and India borrow? .. from whom? ... and for what? Back up what you're stating as fact. WHO and IMF are predators .... set up to have control over developing countries. The aim is to keep these countries in bandage. Ask for loans they will give it .... they will even offer the loans. Do we ever hear about the loan conditions? Past loans ... how have we as a country benefited? How much of our earnings have to be used to repay loans? We are screwed.

[quote author=Yorubaponudanu post=129560522]We Yoruba are the best in Africa and nothing anyone can do about it .
We own the oil well in Niger Delta We own Nigeria

Tunde835:
I think peter obi should write a book about how he singlehandedly increased Anambra's gdp to be $5 trillion dollars higher than california's gdp of $3.9 trillion. Do you know that anambra has the best city metro system in the world better than new york's subway and london underground?

What brought Obi's matter into this matter if you're really in the right frame of mind?So anyone that asks question or has contrary view or opinion about APC-led government programmes and policies is an Igbo and Obident?

Yorubaponudanu:
Tinubu is a cause in human being generation

Oh ok,u meant "curse" ?
alright i understand.

adenigga:
Source: https://punchng.com/Nigeria-set-to-receive-fresh-$2.2bn-World-Bank-loan-Edun

Even if we get 0% interest loans...we cannot pay back becos we lack discipline to effectively utilize d loan to fund projects that pays back d loan

Yorubaponudanu:
We the Yoruba are the best in African .

We own the oil well in Niger Delta
We have the power to dissolve and handle this county’s

Are you done? Illiterate dey find attention 🤣🤣🤣🤣🤣🤣🤣🤣

grandstar:
When? It's almost impossible for an economy like Nigeria not to borrow.

When Tinubu assumed office, over 90% of government revenue was going to servicing debt.

Where is the money to run the government come from?

Someone came to your company that was better and disclosed to you to employ his friend as your Manager, that he is the best for the job ,and he will do wonders....you agreed....

The same person came and told you after 8 years that the person you employed stole and closed up your company by making over 90% of the revenue the company makes to be used in servicing debts his friend incurred.....

This same person came and told you to now employ him, that he will remedy what his friend did .....inshort that he is now the best for the job and that his friend failed and he can't probe his Government....lols

The same you ,who is the owner of the company accepted him and now nodding at all he is promising you .....

You are asking where will the money to run the government come from abi?

It is still the same way his friend handled your company that he will handle it as well....

Because the friend promised him he will get him into the same position after his own tenures....

This is the reality of this new Government......

The truth will make you know alot and save you so much stress ....

Yorubaponudanu:
Your father is illiterate, oloriburuku omo ale

Illiterate beast. 🤣🤣🤣🤣🤣