₦airaland Forum

malali:
This government is good in identifying problems.


But they are utterly clueless in providing solutions.

This government unfortunately is not ready to do what it takes for the average nogerian to enjoy the benefits of democracy.

Nepotism, secret societies,secret cult, occult, brotherhood,political party, tribal, religious affiliations will eventually lead to the doom of this administration.

Clueless is even better than Sleeping Government 😡😡😡

DeepSight:
∆ You have never been coherent. Maybe as a consequence of hating your parents.

I didn't expect it to make sense to someone who i have come to realize enjoys arguing against even reality itself. 🙄🙄🙄

Kuginzi:
https://www.channelstv.com/2024/07/04/dangote-elumelu-rewane-enlisted-as-tinubu-inaugurates-economic-team/

The same bunch of criminals cannibalizing the economy are the ones nominated to 'revive' it

Nigeria is a complete joke

Kobojunkie:
I didn't expect it to make sense to someone who i have come to realize enjoys arguing against even reality itself. 🙄🙄🙄

Its not my fault you are traumatized and twisted by your rabid hatred of your poor parents.

List of evil people holding the country to ransom

DeepSight:
∆ Its not my fault you are traumatized and twisted by your rabid hatred of your poor parents.

See yet more rambling! 🥱🥱🥱🥱🥱

I think this may end up as a total waste of time and resources.
They all have business interests and for sure there is already clash of interest.
The technocrats should be hired to do the job.
Even at that, it will still work because of the bad set of leaders pioneering the affairs of the country.

SmartPolician:
@the emboldened, they cannot because we don't print the dollars; it's not our currency.
We have to sell crude oil in large quantities to earn enough dollars that we spend in Nigeria.

Another major source of USD is remittance. Nigerians abroad send money home and that has helped to increase USD liquidity in Nigeria.

Before now, Nigeria had always done what you suggested and it was costing the country a lot of money. If you peg your exchange rate, it means you have get enough FX to shore up the disparity. Tinubu came in and stopped it (floating the naira).

Dollar is not our currency, we don't print in dollar but foreign companies and multinational companies are exiting or closing operations in Nigeria due to economic uncertainties, challenging business, current foreign exchange crunch and devaluation of the naira, resulting in lower earnings for foreign companies in dollar terms, high taxes, etc and since Tinubu announced floating the naira does it yielded any positive result?

When Osinbajo was acting president, he commanded the Apex bank to adjust forex policy and the apex bank came up with an action plan in less than 48 hours (2days), the naira, which was exchanging for about N510 to a dollar crashed to between N400 and N450.

Mr Tinubu for over a year now has been struggling with different policies recovery of the naira up till now no positive result. What he (Tinubu) fails to achieve in a year still counting was achieved by someone within 2days. Had it been such osibanjo is the president what did you think will happen to dollar within a year of his government.

Let's be candid and call a spade a spade, Tinubu doesn't know how to tackle economic crisis but because Osinbajo contested against him, he (tinubu) sees the man as a traitor in which he don't want him in his government whereas Nigerians are feeling the heat of this great economic depression

RightChannel:
American economist will only adopt the economy system of America which cannot work for Nigeria economy. The simple solution to Nigeria economic which many economists has advised the Nigeria government to adopt is reduction in government income in which they are not ready to abide with because of their selfish interest

reduction in govt income? Pls elucidate.

RightChannel:
Dollar is not our currency, we don't print in dollar but foreign companies and multinational companies are exiting or closing operations in Nigeria due to economic uncertainties, challenging business, current foreign exchange crunch and devaluation of the naira, resulting in lower earnings for foreign companies in dollar terms, high taxes, etc and since Tinubu announced floating the naira does it yielded any positive result?

When Osinbajo was acting president, he commanded the Apex bank to adjust forex policy and the apex bank came up with an action plan in less than 48 hours (2days), the naira, which was exchanging for about N510 to a dollar crashed to between N400 and N450.

Mr Tinubu for over a year now has been struggling with different policies recovery of the naira up till now no positive result. What he (Tinubu) fails to achieve in a year still counting was achieved by someone within 2days. Had it been such osibanjo is the president what did you think will happen to dollar within a year of his government.

Let's be candid and call a spade a spade, Tinubu doesn't know how to tackle economic crisis but because Osinbajo contested against him, he (tinubu) sees the man as a traitor in which he don't want him in his government whereas Nigerians are feeling the heat of this great economic depression

and who and what is making you think Osinbajo wants to work with Tinubu to start with? A former vice president to become a mere appointee answerable to Tinubu, that's unbefitting. The problem with Nigeria is simple, but first u need a detribalised leader like Osinbajo to solving it.

As a leader you must admit the fact you can't know it all, then gather the best form of nationals who will tell you the honest truth no one is willing to tell you. Fuel subsidy removal without stable electricity is a total mess. From day one I knew the policy will boomerang because we do not have a ready alternative to cheap fuel. Cheaper and stable electricity would have done the magic, unfortunately the govt thinks taxation will do it.

The average pure water company in your street spends over a million monthly on diesel to produce, this is very very wrong. Now ask yourself how much will a bakery which is more energy intensive spend in producing bread. This is the issue.

Few weeks ago, we saw them doing the band A and band whatever with power(electricity) to achieve no aim. Who does this is an economy that has huge energy demand?

I knew this govt is not ready to solve the problem it's facing when I read billions are being invested into pilgrimage adventure. 90bn can ensure every community in Nigeria has a stable electricity transformer, yet such amount is wasted on luxurious voyage. Too sad!

These are choir boys....to sing "on your mandate" for him whenever they meet. There is nobody there with enough intellectual capacity and boldness to tell him he has missed it and he should retrace his steps. Instead, these ones will be deepening their grip on the economy at the expense of Nigerians.

Lol clowns

1.3t investment from nigerian billionaires, is it for free?
If you like invest 9t on agriculture, unless there are 100% govt owned farms and highly protected, food prices will still be haywire, 4 seeds of peppers will still be N200 ( it’s has never being this bad)
A state of emergency 🆘 should be declared in the agriculture sector. People are dying and spending too much on food
NEVER IN THE HISTORY OF NIGERIA HAS FOOD EQUALD OR SURPASSED RENT AND TRANSPORTATION.
GOvt should take farming into their own hands otherwise…..

The same Bismarck Rewane that was in the Buhari economic team.. Tinubu has no clue about Nigeria's problem.

RightChannel:


Dollar is not our currency, we don't print in dollar but foreign companies and multinational companies are exiting or closing operations in Nigeria due to economic uncertainties, challenging business, current foreign exchange crunch and devaluation of the naira, resulting in lower earnings for foreign companies in dollar terms, high taxes, etc and since Tinubu announced floating the naira does it yielded any positive result?

When Osinbajo was acting president, he commanded the Apex bank to adjust forex policy and the apex bank came up with an action plan in less than 48 hours (2days), the naira, which was exchanging for about N510 to a dollar crashed to between N400 and N450.

Mr Tinubu for over a year now has been struggling with different policies recovery of the naira up till now no positive result. What he (Tinubu) fails to achieve in a year still counting was achieved by someone within 2days. Had it been such osibanjo is the president what did you think will happen to dollar within a year of his government.

Let's be candid and call a spade a spade, Tinubu doesn't know how to tackle economic crisis but because Osinbajo contested against him, he (tinubu) sees the man as a traitor in which he don't want him in his government whereas Nigerians are feeling the heat of this great economic depression

Mandate1:
and who and what is making you think Osinbajo wants to work with Tinubu to start with? A former vice president to become a mere appointee answerable to Tinubu, that's unbefitting. The problem with Nigeria is simple, but first u need a detribalised leader like Osinbajo to solving it.

As a leader you must admit the fact you can't know it all, then gather the best form of nationals who will tell you the honest truth no one is willing to tell you. Fuel subsidy removal without stable electricity is a total mess. From day one I knew the policy will boomerang because we do not have a ready alternative to cheap fuel. Cheaper and stable electricity would have done the magic, unfortunately the govt thinks taxation will do it.

The average pure water company in your street spends over a million monthly on diesel to produce, this is very very wrong. Now ask yourself how much will a bakery which is more energy intensive spend in producing bread. This is the issue.

Few weeks ago, we saw them doing the band A and band whatever with power(electricity) to achieve no aim. Who does this is an economy that has huge energy demand?

I knew this govt is not ready to solve the problem it's facing when I read billions are being invested into pilgrimage adventure. 90bn can ensure every community in Nigeria has a stable electricity transformer, yet such amount is wasted on luxurious voyage. Too sad!

Osibanjo, who was Buhari's choir boy for 8 years, will turn around the Nigerian economy in 2 days. Is this the Tradermoni Osibanjo? Tunubu policies and corruption is the reason Nigeria's economy is in a mess. Why is Tunubu building a new coastal road when there is a need to invest in electricity capacity? Why hasn't Tinubu reform the NNPC ?

Curious345:
Medicine after death

They should go to imf, gates foundation and other international organizations for suggestions instead

Unperturbedpota Tinubu is a good economist and he will turn Nigeria into the economic capital of Africa...

2aces:
Too many big names and zero representative for the masses, at least they should have someone to tell them the true situation of things on ground from the common man's side of view.

We appoint you as our chairman to represent the Po*r

Which way Nigeria.......?
Which way to Go..................?
In the language of Sunny Okosun

JESUS REMAINS THE WAY, THE TRUTH AND THE LIFE

Until our leaders repent from Ondo weed, sniffing coke, buying (SUV for lawbreakers, Jet for Presidos, houses in Dubai/Maitama/VGC/ Shisha for olosho) we can't see the way.

There is no member of lower class of Nigerians in that committee. At least who will give first-hand knowledge of what average Nigerians are passing thru

By the way, I wish them huge success in this national assignment

2aces:
Too many big names and zero representative for the masses, at least they should have someone to tell them the true situation of things on ground from the common man's side of view.

Masses dey get sense

RightChannel:
American economist will only adopt the economy system of America which cannot work for Nigeria economy. The simple solution to Nigeria economic which many economists has advised the Nigeria government to adopt is reduction in government income in which they are not ready to abide with because of their selfish interest

Which economy do you think Nigeria tries to mirror? UK or US?

SmartPolician:
Osinbajo a lawyer. He cannot do anything.

If I ever become the president of Nigeria, I will hire an American economist as my coordinator of the economy. Give him terms of service, pay him good salary and give him targets.

Such a person won't have any vested interests and will go against evil men destroying Nigeria's economy. If he doesn't meet my expectations, I will sack him and send him back to his country.

Sense

No pat utomi
No emir Sanusi

Better handover the country to IMF to further crumble it

SmartPolician:
Osinbajo a lawyer. He cannot do anything.

If I ever become the president of Nigeria, I will hire an American economist as my coordinator of the economy. Give him terms of service, pay him good salary and give him targets.

Such a person won't have any vested interests and will go against evil men destroying Nigeria's economy. If he doesn't meet my expectations, I will sack him and send him back to his country.

SmartPolician:
Osinbajo a lawyer. He cannot do anything.

If I ever become the president of Nigeria, I will hire an American economist as my coordinator of the economy. Give him terms of service, pay him good salary and give him targets.

Such a person won't have any vested interests and will go against evil men destroying Nigeria's economy. If he doesn't meet my expectations, I will sack him and send him back to his country.

So after paying him well you will sacked him if he perform woefully then hire another clown and still sack him.


You think governance is all this ranting you people do here, blame and insult

SmartPolician:
Osinbajo a lawyer. He cannot do anything.

If I ever become the president of Nigeria, I will hire an American economist as my coordinator of the economy. Give him terms of service, pay him good salary and give him targets.

Such a person won't have any vested interests and will go against evil men destroying Nigeria's economy. If he doesn't meet my expectations, I will sack him and send him back to his country.

Lovely solution, even Dangote trusts the running of critical parts of his companies to Indians, Chinese and other foreigners, he only leaves the paper pushing stuffs to Nigerians.

yesloaded:
God have mercy upon us




Someone just shared some stuff with you but lemme add this to it

Outright removal of fuel subsidy without planning coupled with floating of naira are the 2 worst policy that killed the economy

Let me not talk about elumelu and dangote news on this thread instead let's wait and see the outcome

Help me also tell him that it's wasn't his wish to do so.

The masters told him to do so.

By now you should know who is a western puppet.

This leaders will do anything to stay in power.

In just one year. See what he has made Nigeria become.

Just imagine 3 more years.

The guys up stairs are just pissed cus they have been weeded out of the scheme of power. They just want to be the one to destroy the geographical expression.

They would have done worse in 1year .

SmartPolician:
Osinbajo is a lawyer. He cannot do anything.

If I ever become the president of Nigeria, I will hire an American economist as my coordinator of the economy. Give him terms of service, pay him good salary and give him targets.

Such a person won't have any vested interests and will go against evil men destroying Nigeria's economy. If he doesn't meet my expectations, I will sack him and send him back to his country.

Interesting view

lexy2014:
very very cosmetic. underneath, all tinubu is doing is settlement, enriching those who are already rich

Who would you have there instead

PortHarcourtcit:
Unperturbedpota Tinubu is a good economist and he will turn Nigeria into the economic capital of Africa...

Oh my nurse Nike needs to come and get her patient.🤣🤣🤣🤣🤣🤣🤣🤣

2aces:
Too many big names and zero representative for the masses, at least they should have someone to tell them the true situation of things on ground from the common man's side of view.

Bro, this is not a discussion jamboree anyone can be included in.

It is a committee tasked wtih brainstorming and coming up with specific specific solutions for the economy meaning members should be acclaimed consultants, industrialists, signifcant private sector bosses etal.

I.e people who have direct and relevant knowledge/experience in sectors that directly boost and grow a nation's economy.

If you want to treat a stubborn ailment, you gather the best medical expert. You dont involve patients who know nothing about medicine and are not trained doctors/researchers.

This is not #EndSARS Sir.

Same peaple all d times.yet same problem geting worse