₦airaland Forum

World bank is mad

World Bank indirectly saying Nigeria must sustain 15 years of hardship for them to achieve their goal of under developing Nigeria

Oloshi them

⚡ Thunder

Angelfrost:
Lol... True but impracticable!

You might as well pack half of the population into a gas chamber and neutralise them.


You can't sustain such reforms with a population where the poor and unemployed are twice the number of those working and able to cater for themselves.

Hunger no get that kain patience!

Na Odogwu you be Boss
One bottle of Heineken for you jere...you've said it all

ordinary local govt autonomy see as governor's have highjacked it, imo state 305m in July yet the lgas are bushy, this vagabonds in power will re loot recovered abaca etc loots lol.

Resurrection212:
The guy is from indian there's a possibility that the federal government is bankroll him so there won't be much excuse in 2027 the fraudulent organization called World bank has started campaign for Tinubu in disguise.

Actually I watched it live, he really lambasted the country leaders, that part is not stated

IMF and world bank, all tools of the colonialist to keep people in generational poverty. No country ever prospered taking their advice. IBB made the mistake of listening to them and implementing SAP with heavily devastated our economy in the 80s, other rejected their lepros fingers, Obj, yar adua, Jonathan even buhari. But Abrakadabra, blablablu did otherwise. Look at all the blinders, you will see footprints of world bank and IMF. Some people complained that he would be easily manipulated by western powers due to him being politically exposed, kompromat etc. Some know he is heavily invested in their country and his assets could be used as blackmail.
Have you not wondered why we were almost lead to war with Niger? Likely under instructions of a foreign power in whose country he is currently "relaxing".
Imagine 15 more years!

It is most likely that, Tinubulation is few steps away from Tribulation itself .
O! God save Nigeria

boringdraw:
I don't trust these International Organizations such as World Bank, IMF, and the rest. Their policies have impoverished Africa for decades. Wise leaders ignore them

Stop being stupid in the year 2024.

Nothing of their policies did any such to Africa. Rather, it has almost always been your criminal corrupt governments impoverishing you all while pretending to implement reforms that were suggested by the World Bank, IMF, and the rest. Look at the list below to see how very necessary all of the reforms suggested are. And compare that to the reality on the ground in Nigeria today. Does it look to you that your government has beneficially implemented any of the reforms even to this day?

efighter:
We are currently overpopulated

It's not compulsory you type o
If you say we're overpopulated what do you say if India or China

World bank and IMF pushed us to where we are now with their wrong economy advise.The instructed T- pain to remove subsidy ,then to float Naira that we Will be ok.China,India & Russia don't take their advice and they are doing well.It is high time we realise that world bank and IMF are made up of west who never want Africa to grow.

NwaNimo1:
https://punchng.com/nigeria-must-sustain-15-years-of-reforms-to-ensure-impact-world-bank/

Make them buy Casket full everywhere...

shegoon:
World bank and IMF pushed us to where we are now with their wrong economy advise.The instructed T- pain to remove subsidy ,then to float Naira that we Will be ok.China,India & Russia don't take their advice and they are doing well.It is high time we realise that world bank and IMF are made up of west who never want Africa to grow.

Stop lying to yourself!

Since 1960, the one factor that has pushed Nigeria to where it is today and remains the major reason why common sense does not reign in Nigeria is Corruption and the election of kakistocrats into electoral office, a culture that has plagued Nigeria from its very beginning. Nothing good can come of having criminals in office. Nothing!

DeLaRue:
Hmm...

I was thinking 5 - 7 years.

The critical thing is going to be the President that succeeds Mr Tinubu.

If that President doesn't keep up with these reforms or reverses them, then all the benefits of the reforms we lost and the consequences could be worse than we are seeing now.

Wholly agree with you. That's why eat time I hear people say reverse the PMS price and peg the exchange rate I always ask: do these people know that the situation will be worse if major reforms are reversed?

iwaeda:
Nlfpmod 15 years of this kind of Tinubulation. I guess WB is the headquarters of wickedness.

World Powers don't want any humans left in this geographical Niger Area.

In 15 years, hunger will have wiped out most of the people. They will start using it for Safari.
Animals have more value to them.

People who recommend 15 years of more poverty can't mean well for us.

Tinubu has solved a major problem for Nigeria, unfortunately, we will all pay the prize. He's like the Messiah and will not be appreciated for now but he will be remembered later when people realize what he has done...... "the man get mind" to do what he has done.

It would take about 20-40 years to pay off when the coming generation becomed used to the new pricing, so things are not going to change tomorrow morning but it will later.

Having said that, without nothing done to tame corruption and cut down the cost of running government, this reform would rarely materialize

They are swelling the heads of leaders taking the nation astray. Reforms ko, deformity ni.

How many afj bastads for dn die by then due to hunger and poverty?

AreaFada2:
■ World Powers don't want any humans left in this geographical Niger Area.
In 15 years, hunger will have wiped out most of the people. They will start using it for Safari. Animals have more value to them.
People who recommend 15 years of more poverty can't mean well for us.

This is the typical narrative from lazy-minded individuals.

World powers are responsible for the shege that APC has continued to inflict on Nigerians in Nigeria for the past 9 years. Are you people OK at all? Where were these World Powers during the 8 years of Obasanjo when Nigeria even had much of its debt written off?

The world Bank/IMF just want their loan serviced on time, if you for one second think the most exploitative race on the planet would give their best customer sound financial advice then perhaps we really are monkeys! The same mofos that sold us as slaves??

If anyone can show how China lifted double the population of Nigeria out of extreme poverty by taxing the same poor citizens, I would eat my shoe!

Imagine

Alaye don collect bribe

CodeTemplarr:
They are swelling the heads of leaders taking the nation astray. Reforms ko, deformity ni.

In a democracy, the leaders are the people. If the people do not get informed, like before, these reforms will never be properly implemented like the many others before them, and 20-30 years from today, Nigeria will still remain an underdeveloped failing state.

If china and Singapore listened to and did just what the IMF and world bank told them, they won't be anywhere close to where they are. Africa is smithen with stupid leaders and even stupider followers who idolise and popularise the stupid leadership

TEYA:
If china and Singapore listened to and did just what the IMF and world bank told them, they won't be anywhere close to where they are. Africa is smithen with stupid leaders and even stupider followers who idolise and popularise the stupid leadersm

China and Singapore actually have implemented to various degrees many of the same reforms suggested by the World Bank and IMF. Stop spreading misinformation.

Another avenue for T-pain to collect more loans loading

Kobojunkie:
Nonsense!

Did you remember to kick your mother in the mouth this morning as you were greeting her?

Kobojunkie:
This is the typical narrative from lazy-minded individuals.

World powers are responsible for the shege that APC has continued to inflict on Nigerians in Nigeria for the past 9 years. Are you people OK at all? Where were these World Powers during the 8 years of Obasanjo when Nigeria even had much of its debt written off?

Kobo the Industrious minded guru, wehdon. Clap for yourself.

You may have forgotten how Obama seconded his man to help package Buhari against GEJ.

GEJ signed the gay law and secret gay lords in the West were not happy.

Unless you were born abroad, I doubt you have mingled with oyinbo more than me.

We sabi their obfuscation.

Didn't we see IMF/WB encourage IBB to bring SAP? Did it help us? It was the beginning of our proper suffering.

Fools like you make even Buhari look and sound very intelligent, the international division of labour that have left Africa as suppliers of raw materials is also designed by Africans abi. In as much as African leaders have a major play at our current situation, international organizations can't be excused.
Illicit financial flow from illegally extraction from Africa runs into billions of dollars. They prop up governments , support and aid corruption and implementation of wrong economic policies in Africa.
African leaders are despicable, but the topic here is policies recommended by international organizations.
Stick to the topic of discussion, you idiot called kobojunkie.
I won't bother responding to you again.

Kobojunkie:
Stop being stupid in the year 2024.
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Nothing of their policies did any such to Africa. Rather, it has almost always been your criminal corrupt governments impoverishing you all while pretending to implement reforms that were suggested by the World Bank, IMF, and the rest. Look at the list below to see how very necessary all of the reforms suggested are. And compare that to the reality on the ground in Nigeria today. Does it look to you that your government has beneficially implemented any of the reforms even to this day?

Kobojunkie:
China and Singapore actually have implemented to various degrees many of the same reforms suggested by the World Bank and IMF. Stop spreading misinformation.

Please mention when China and Singapore removied all subsidies, increased the price of PMS by over 200 per cent in one day, radically forced inflation, floated its currency to devalue it, caused petrol scarcities, faced a protest for all this and then immediately increased the price of PMS again.

Its unfortunate that you didnt go to school.

StaffofOrayan:
■ The world Bank/IMF just want their loan serviced on time, if you for one second think the most exploitative race on the planet would give their best customer sound financial advice then perhaps we really are monkeys! The same mofos that sold us as slaves??
■ If anyone can show how China lifted double the population of Nigeria out of extreme poverty by taxing the same poor citizens, I would eat my shoe!

1. Stop shifting blame for the incompetence of your government(kakistocrats whom you elected into government) to the IMG and World Bank already. The reforms suggested are commonsense reforms that would work for the betterment of Nigeria and Nigerians if and only if properly implemented by your Government.

Look at subsidy removal for example. If the Government had in fact put in a safety net right and then implemented subsidy removal using the money from that to fund the safety net, many Nigerians would not be where they are today suffering. But it has been over 18 months since Nigerians were lied to about subsidy removal and yet there is no evidence that any money has been saved in all of that time that can be used to maybe help set up a safety net at this point. How is that the fault of the IMF or World Bank?

Your government taxing the poor citizens is your government to blame. Even here in the U.S. Tax exemptions are available to many of the poor. It is 2024, please engage your brains!

efighter:
We are currently overpopulated. Any firm if population control strategy is highly welcome

Yeah. Starting with you and all that are related to you.

musicwriter:
Tinubu has solved a major problem for Nigeria, unfortunately, we will all pay the prize. He's like the Messiah and will not be appreciated for now but he will be remembered later when people realize what he has done...... "the man get mind" to do what he has done.

It would take about 20-40 years to pay off when the coming generation becomed used to the new pricing, so things are not going to change tomorrow morning but it will later.

Having said that, without nothing done to tame corruption and cut down the cost of running government, this reform would rarely materialize

You didnt go to school.