₦airaland Forum

adenigga:
Source: https://vanguardngr.com/NLC-to-IMF:-You‘re-behind-Nigeria’s-economic-woes

Yes, call out the b*stards.
They are economic hitmen.
IMF&World bank with other Breton wood organizations should leave Nigeria alone.

Stop dishing stupid ideas to our s*nseless people on top of the affairs of Nigeria.

Kobojunkie:
Ajero, please shut the f--k up already!

IMF do wetin? Na IMF go give three gbosas to Naira 70,000 minimum wage agreement wey no fit even feed a single Nigerian for a whole week abi na World Bank do that one? Na IMF promise you that measly minimum wage with the promise not to increase fuel over Naira 1000 only to almost immediately renege on that very promise? Nonsense!

The man is an idiot. He had a 250,000 option and took 70,000 when it was obvious that oil subsidies would be removed. He. should own up to his mistake and resign. IMF/WB are not Tinubu government

THIS IS THE MOST CRAZY THING I’VE EVER READ.

DOES THE NLC KNOW THAT TINUBU INHERITED NO MONEY FOR SUBSIDIES FROM BUHARI?

THAT IT WAS BUHARI WHO BORROWED THE LAST 10 BILLION DOLLARS PER YEAR TO PAY SUBSIDIES?

SO IS NLC SAYING THAT TINUBU SHOULD HAVE BORROWED 10 BILLION DOLLARS TO PAY SUBSIDIES EVERY YEAR?

WHAT HAS THE IMF GOT TO DO WITH YOUR COUNTRY DECIDING IT CAN NO LONGER AFFORD TO BORROW 10 BILLION DOLLARS A YEAR TO PAY SUBSIDIES?

GOFRONT:
I really Miss Adams Oshiomhole as the NLC president then.

You miss the man that single handedly, destroyed our labour market with his greed.
If you want to know look for any of the executives in his tenure and ask him/her some questions.

Kobojunkie:
The same Adams Oshiomole now f--king his own people in the back as a politician? What kain of people are you abeg!

They are slaves who loves their masters.

Naigeeria a failed shithole!

Resurrection212:
Kid go and wash plates or better still go put pot on fire ...instead insulting your father age mates on a faceless forum. On this Ajero is very right although I don't like his type. IMF and World bank are the agents of darkness the real enemy of third worldcountry like Nigeria.

This, your father, age wey you no fit convert to commonsense even in the information age is what insults you the most.

IBB, one of the greatest thieves in Nigeria, scammed you and your generation into believing IMF was the cause of the problems that resulted from his pillaging of the Nigerian economy, and you morons believed him even though in 1997 a report came out finally making clear what we have all known that IBB did absolutely nothing of what IMF in fact suggested.

Now Tinubu— another thief who has been stealing in broad daylight — is playing the exact same IBB-first scam on Nigerians yet people like you are still willing to fall for it. They say "Fool me once, shame on you; fool me twice, shame on me!" But, I guess people like you can't help but be fools to these thieves you regard as your leaders.

santaclaws:
Shebi the president thought IMF was Nigeria's friend, that was why he took their advice without first consulting or constituting an economic team...
Bretton woods institutions like IMF, World Bank, WTO are there to secretly promote the interests of the US in global economics. Tinubu goofed big time...

Nonsense retort!

Abee79:
■ You just described in graphic details some of the effects of IMF policies on Nigeria (and other African countries). Thank you 👍

Lies!

mrvitalis:
■ I blame IMF for always giving people who don't meet their conditions loans IMF would give you conditions to grow... You would do some leave some then turn around to blame IMF Looking at our finance only a fool would embark on any real infrastructural project now with borrowed money. A man earns ₦500k his monthly expenses is 750k ... He manages to borrow ₦50 million but that loan would increase monthly expenses to ₦1 million
Instead of using the loan to invest in a business that would yield minimum of ₦500k monthly to stay afloat... He went to build house in his village, buys a car... Then turn around to blame the loan company when they tell him to reduce his lifestyle Is buying a car bad? No, is building a village house bad ? No but doing it with borrowed money is foolish right? That's exactly what happens when you borrow money in an already strangulated balance sheet to use to build rail n road

IMF, like any bank out there, can give conditions for their loans, but IMF has no real power to force the sustained implementation on the conditions. It is up to the individual nations to make that happen for their benefit.

I don't know if you have ever tried to take out a loan for a house or business, it is pretty much the same. The bank can give conditions for the loans but cannot then say that it can only give you the loans when the conditions have been implemented and fully matured. That would take forever and the bank needs to do business. So, it settles for you at least giving it proof that you have started the process even if by simply producing audio policies or plans as proof of intention. If after receiving the loan, you go ahead and waste it on other things, the bank cannot do anything at that point but look for means to ensure it gets its money back no matter what.

Nigeria and Nigerians are fully to blame for all of its corruptuion and waste.

VillageBus:
This na exactly wetin Nigeria government like, make the citizens they blame foreigners instead of them.
Over a thousand people dey work for imf, most of them they give advice without looking the specific conditions of the country dem dey advice.

Actually, they do! Nigeria is a country like every other and the goal is to shift from the failing state status back to at least the developing state status it once had and that can be achieved by way of tried and tested strategies that have worked for most all other countries that used to be in the same situation.

If I were to run as LGA chairman today, in say, Nigeria. I would easily adopt many of the same suggested approaches to running things even at that level because these — see image below — are common sense ideas for development in any society.

GOFRONT:
I really Miss Adams Oshiomhole as the NLC president then.

This man is far better than Adam Oshomhole 100%. Adam is a well-known criminal man too corrupt, he only barked and no action or result in the end.

NLC backed fuel subsidy removal proposal by LP

Indirectly? Yeah. Directly? No.
For a nation to see substantial progress, they must be willing to think and do the needful.


To set myopic sentiments aside, to avoid pyrrhic victories and work for the common good of all citizens.

They must be willing to learn, unlearn and relearn.

arsenal33:
NLC backed fuel subsidy removal proposal by LP

Has fuel subsidy been removed?

adenigga:
Source: https://vanguardngr.com/NLC-to-IMF:-You‘re-behind-Nigeria’s-economic-woes

Shey na now una dey wake up? that demon!c bank called IMF are on this for long time, they pressed Buhari for long time but he refused to dance to their drum but because this has aimed of packing our money, he subdued to their woe while requesting for useless loan that cannot sustain the problem on ground.

I wonder what NLC and other powerful agencies are doing to allow this nonsense bank to continue to suffer the dear people of this Nation.


What I know is that affliction is for a while, God will hear our cry and frustrate their plan, this is not what we plan for, come next election we ain't picking weak leader that will be bowing to this d0g bank called IMF

House of corruption, looking for everybody to blame. Not better than politicians.