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Economy Responding Positively To My Policies —Tinubu - Politics (2) - Nairaland

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Re: Economy Responding Positively To My Policies —Tinubu by DatNiggaDaz: 5:13am On Dec 19, 2024
Tinubu & lies grin
Re: Economy Responding Positively To My Policies —Tinubu by anonimi: 5:17am On Dec 19, 2024
JASONjnr:
My concern is a better Nigeria which he's promised.... And looking at the steps so far, I believe he will achieve it.

Man is very intelligent and knows how to romance the entire North.

I doubt iff any Southerner will be able to handle the North the way Tinubu is doing.

No wonder Kenneth Okonkwo left Peter Obi,...

The creation of the regional commission is a step forward to regional government.
25 years plus of his failed master plan for Lagos, complicated by his two years of bolekaja bookkeeper reforms in Abuja, has left people fighting for palliative bread to save their ebilokan lives from death by hunger and starvation.

Glimpsetv:
A large crowd of Lagosians was filmed in a long queue struggling to collect a loaf of bread. To maintain order, several military personnel were on the ground to control the crowd. This has triggered a lot of reactions online.

Watch the video, share your thoughts in the comments.


https://www.youtube.com/watch?v=zYltMapDyIo?si=0-hO0Vt5C9uBxVd1
Re: Economy Responding Positively To My Policies —Tinubu by Newton1045: 5:17am On Dec 19, 2024
Agba baller
Re: Economy Responding Positively To My Policies —Tinubu by udemzyudex(m): 5:18am On Dec 19, 2024
Yeah, it's obvious grin

Chicken na #20+ now.
Re: Economy Responding Positively To My Policies —Tinubu by anonimi: 5:20am On Dec 19, 2024
Hemanwel:
T-pain! T-pain!! T-pain!!!

How many times have I called you? Quit taking that whitish substance, you will not hear!
He is too old and too used to it for any change now.

Racoon:
Festus Keyamo Defends Tinubu From Drug Trafficking, Says Tinubu Mistakenly Shared Flats With Drug Lords

The Minister of State for Labour and Employment, Mr Festus Keyamo, has distanced the All Progressive Congress presidential candidata, Bola Tinubu, from being a drug baron who was involved in the traffic of narcotics in the United States.

Keyamo, who also doubles as APC Presidential Campaign spokesperson, noted that the former governor of Lagos State only shared a block of flat with drug barons about 30 years ago in the US.

His reaction is coming following documents of a Chicago District Court indicting and convicting Tinubu of drug dealings and money laundering in 1993.

The document which emerged online two days ago, described APC standard-bearer as a drug baron, adding that Tinubu entered a plea bargain, leading to the forfeiture of his assets to US authorities in 1993

It was also pointed out that Tinubu forfeited the sum of $460, 000 dollars in his bank account at First Heritage Bank to the US government.

Speaking on Wednesday on Channels TV, Mr Keyamo dismissed such claims, insisting that Tinubu was linked to drug peddlers who were his neighbours.

He said: “What happened was that Tinubu went to open an account. The address which he used in opening the account was the address used by these people. I think some blocks of flats. Maybe, he was happy to be in that block of flats too.

“So, they now link it that the other people they were investigating for narcotics are in the same address used by Asiwaju to open that account.’’

https://www.thenigerianvoice.com/?.
 
U.S. court judgement indicts Tinubu for drug trafficking

https://www.google.com/amp/s/businessday.ng/amp/news/article/u-s-court-judgement-indicts-tinubu-for-drug-trafficking/

US Court Releases Documents Linking Tinubu to Largescale Drug Peddling


https://fij.ng/article/us-court-releases-documents-linking-tinubu-to-largescale-drug-peddling/
Re: Economy Responding Positively To My Policies —Tinubu by OkCornel(m): 5:22am On Dec 19, 2024
Lithiumite:
Terrorism and banditry is getting the attention needed and there are obvious results.

Our finances as a nation are getting better than tinubu met it.....debt servicing to revenue ratio,foreign reserves,higher savings from subsidy removal and Forex liberalisation.

Higher crude oil production.

Local refining of crude and export.

Balance of trade with a surplus declared in 2024,first time since before the oil boom.

Increased investment in the oil and gas sector which wasn't forthcoming with the past administration.

Student loans which would go a long way in helping many parents and students.

LG autonomy.

Tax reform bill.

These and many more are a few pointers that tinubu is on the right track and things can only look upwards.
So what is the progress update on your eight point agenda for Nigeria from August 29 2023 to date? Break it down in numbers.

1. food security;
2. poverty eradication;
3. growth,
4. job creation;
5. access to capital;
6. inclusion;
7. rule of law; and
8. fighting corruption

https://punchng.com/translating-tinubus-8-point-agenda-to-recovery/?amp

And the 50 million jobs promised between 2023 to 2026

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival

Re: Economy Responding Positively To My Policies —Tinubu by prickursense: 5:23am On Dec 19, 2024
Lithiumite:
It's normal to have an economic downturn when radical reforms are being made....go read up on thatcher's policies in the 80s UK or Roosevelt's marshal plan during the recession years in America,better still China's backward reintegration policy of the 60s upto the 90s.....but look at those countries afterwards,there is no way we can move forward without these radical reforms.
Pointless.

It does not have to take this long . Food inflation is still going up to the right, Nominal inflation rate is still untamed, after a year of applying the policy.
Look at Argentina after a year of reform , and come and tell us why we should believe that things will improve soon.

The mistake is saying to the press, subsidy is gone, yet we are still subsidising, saying the Naira is floating yet we are still defending the Naira. The size of the government , no check in government spending, we are spending like there is no tomorrow. It is one thing to say something, and another thing to be sabotaging oneself.

No doubt some things are working, but it requires greater momentum to cause widespread positive effects

Re: Economy Responding Positively To My Policies —Tinubu by zoedew: 5:23am On Dec 19, 2024
My fervent prayer is the gains are not wiped out by corruption. All Nigerian politicians must come clean and return their loot to the National coffers. We must amend our ways for the better! The lack of a National Spirit and Corruption are the twin problems bedevilling Nigeria.
Re: Economy Responding Positively To My Policies —Tinubu by Pluto33: 5:23am On Dec 19, 2024
tobenuel:
Enough of your paper works and statistics, show your workings and Heaven will take note.



there is great hunger, sorrow, chaos, mental breakdown and death in the country



your media crew, minions and nairaland Agbadorians are doing well

This life no suppose hard, but APC is something else
In his voice then..."Na statistics we go chop?" undecided
Re: Economy Responding Positively To My Policies —Tinubu by Lithiumite: 5:24am On Dec 19, 2024
MadPolitician:
Don't bring the Chinese comparison here to fool the uninitiated. That's mean. Don't do that again! To start with, the Chinese economy was built and grown on heavy government subsidies to businesses and individuals in order to improve and stabilise the quality of life. As their economy grew, they carefully and intelligently reduced the subsidies. The Chinese yuan does not float. Some of the most efficient chinese industries and businesses are either government owned or government propped up. No part of the chinese administrative set up is dictated by nepotism and tribalism. I can go on and on. Look for other examples to defwnd this infamy. Leave my dear China alo e..
Do you know how much concession china had to give to foreign investors to attract them.....yes the yuan doesn't float because China has a robust reserve to defend it just as the US does with the dollar.....I bet you would have had a fit if your Nigerian govt introduced the baby boomers policy like china found expedient at the time,what would you call that,a comfortable policy,right?

Average Chinese at some point couldn't even own cars or houses but you want to feel overtly entitled to the easy life without putting in work..... people leave hectares of land in their villages and come to the cities to start riding bikes and keke, everyone wants to seat in air conditioned offices and no one wants to do the dirty jobs of industries.

You encourage govts that were borrowing to pay subsidy so you could have cheap petrol so you can gallivant everywhere for some of the most unproductive reasons, borrowing monies in billions monthly to defend your naira so you can have cheap dollars to import everything including tooth picks and toilet paper..... remember GEJ and madam okonjo warned you that the economy was going to tank out the bottom if you continued with this frivolous lifestyle as a country......we were living a lie all along, Nigeria isn't a rich country.
Re: Economy Responding Positively To My Policies —Tinubu by kunle4toyeyaho: 5:26am On Dec 19, 2024
Bobloco:
Obviously, the economy is responding to your 'bolekaja' economic policy prescriptions, which is why there is a high inflation rate, high prices for basic food items, and extreme hunger, strife, and starvation.
Yes, things are tough at the moment but there are signs that our economy is on the path of recovery. Our foreign reserve is now $42billion,$5b FX backlog paid, Debt -revenue ratio has really come down, 69 different loans obtained by successive administrations are being repaid and normalcy is gradually returning. Should we continue borrowing to defend Naira and pay fuel subsidy?
Re: Economy Responding Positively To My Policies —Tinubu by anonimi: 5:27am On Dec 19, 2024
Lithiumite:
These things are normal and expected with the ground breaking reforms introduced by this govt such as removal of petrol subsidy and devaluation of the currency.....those in export business are smiling right now and also those at the bottom of the agric value chain has never had it this good,I can personally attest to this.

It's now cheaper for a Togolese or Cameroonian to come to ABA to buy textiles or shoes than to import directly from Asia.
And T-Pain is using the increased government revenue to buy more luxury for himself and his cronies, while taking more loans and dashing out rice and bread palliatives since his bolekaja bookkeeping incompetence has failed to deliver on his promise of jobs.

Nigeria’s lawmakers on Thursday approved the new government’s first supplemental budget, which includes huge allocations for SUVs and houses for the president, his wife and other public officials, sparking anger and criticism from citizens in one of the world’s poorest countries.

In the budget presented to lawmakers to supplement the country’s expenditures for 2023, the government had allocated about $38 million for the presidential air fleet, vehicles and for renovation of residential quarters for the office of the president, the vice-president and the president’s wife — even though her office is not recognized by the country’s constitution.

https://apnews.com/article/nigeria-tinubu-budget-yacht-suvs-8bfd1d6c7e6838d17d9c5dd33ec92a4f
Re: Economy Responding Positively To My Policies —Tinubu by anonimi: 5:33am On Dec 19, 2024
kunle4toyeyaho:
Yes, things are tough at the moment but there are signs that our economy is on the path of recovery. Our foreign reserve is now $42billion,$5b FX backlog paid, Debt -revenue ratio has really come down, 69 different loans obtained by successive administrations are being repaid and normalcybis gradually returning. Should we continue borrowing to defend Naira and pay fuel subsidy?
Debt has increased and continues to rise.

Why is the deficit increasing in the budget since APC took over in 2015?

Why has T-Pain failed to deliver on his short term promise of N300/$1 before reaching N200/$1 despite borrowing billions of dollars from Afreximbank to defend the Naira? Borrowing against future oil sales.

The President-elect said he would work with the Central Bank of Nigeria (CBN) to bring down the exchange rate to N200 in his first term

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp
Re: Economy Responding Positively To My Policies —Tinubu by Lithiumite: 5:38am On Dec 19, 2024
prickursense:
Pointless.

It does not have to take this long . Food inflation is still going up to the right, Nominal inflation rate is still untamed, after a year of applying the policy.
Look at Argentina after a year of reform , and come and tell us why we should believe that things will improve soon.

The mistake is saying to the press, subsidy is gone, yet we are still subsidising, saying the Naira is floating yet we are still defending the Naira. The size of the government , no check in government spending, we are spending like there is no tomorrow. It is one thing to say something, and another thing to be sabotaging oneself.

No doubt some things are working, but it requires greater momentum to cause widespread positive effects
The dynamics are different.Argentina 's economy isn't as disjointed and comatose as ours and you don't have the kind of ethnic and religious sentiments as we have here.

Where would you have those huge number if civil servants go when your economy is in a terrible recession, keeping those civil servants despite majority doing nothing is still considered part of the latent welfarist policies of the Nigerian govt,no matter how annoying it is.

I agree govt spending has to be checked as it's too excessive considering the limited resources available but they are all guilty and not just tinubu.

There isn't any subsidy being paid currently in petrol as there is absolutely no reason to and also there isn't any currency in the world that's on a free float,those who tried it found themselves in hot water but it's foolhardy for any govt to over value it's currency when you do not have commensurate production capacity to complement it......doing such would be basically subsidising imports to the detriment of your own economy......we really need to get these 2 barriers out the way firstly so as to free up resources and channel into productivity.
Re: Economy Responding Positively To My Policies —Tinubu by MadPolitician: 5:40am On Dec 19, 2024
Lithiumite:
Do you know how much concession china had to give to foreign investors to attract them.....yes the yuan doesn't float because China has a robust reserve to defend it just as the US does with the dollar.....I bet you would have had a fit if your Nigerian govt introduced the baby boomers policy like china found expedient at the time,what would you call that,a comfortable policy,right?

Average Chinese at some point couldn't even own cars or houses but you want to feel overtly entitled to the easy life without putting in work..... people leave hectares of land in their villages and come to the cities to start riding bikes and keke, everyone wants to seat in air conditioned offices and no one wants to do the dirty jobs of industries.

You encourage govts that were borrowing to pay subsidy so you could have cheap petrol so you can gallivant everywhere for some of the most unproductive reasons, borrowing monies in billions monthly to defend your naira so you can have cheap dollars to import everything including tooth picks and toilet paper..... remember GEJ and madam okonjo warned you that the economy was going to tank out the bottom if you continued with this frivolous lifestyle as a country......we were living a lie all along, Nigeria isn't a rich country.
I told you to stay away from China for a reason. I know them better than you!

All you are writing here is trash. You know nothing about China. Do you know that the biggest banks in China are state owned? Do you know that the biggest telecommunications and entertainment outfits in China are either state owned or owned by state proxies? Do you know how deep the subsidies for agro related industries are in China? Do you know how subsidised the transport sector is in China, which makes it easy for new SMEs to run their stuffs effortlessly?

Even to make calls in the 90s and 2000s in China, do you know that the government created a special cheap phone system for the poor called the "shilinton"? Just so the poor can call without worrying about the costs. Do you know how cheap it is to feed in China and how cheap the housing prices were in China in the 90s and 2000s? Special Chinese students that are so good in the sciences qualify for automatic Chinese scholarships, in special science schools. Do have any similar stuffs here? Have you been to China to see the magnificent growths as a result.

How then can you use the extremely efficient Chinese set up to compare to this generational emberassment called tinubus presidency?? What are you smoking this early morning??

Like I said earlier; don't do that again!
Re: Economy Responding Positively To My Policies —Tinubu by Atuero(m): 5:41am On Dec 19, 2024
Lithiumite:
If hunger is all you see,that would continue to be your portion.
We are talking reality you are raising prayer points, pathetic
Re: Economy Responding Positively To My Policies —Tinubu by Chicagograduate(m): 5:44am On Dec 19, 2024
Both local and foreign companies operating in nigeria are declaring loses and some are shutting down and relocating.Unemployment rates are high.Hunger is everywhere..So why is the booming economy policy of tinubu not being felt by nigerians except Akpabio and Reno omokri who are feeding fat on jumbo salaries and bribe before screening ministers?
Those European countries that are hailing Tinubu s economic policy should adopt same in their own countries let's see if there won't be a revolt among the citizens.
Re: Economy Responding Positively To My Policies —Tinubu by bluefilm: 5:51am On Dec 19, 2024
Nonsense agbadoeconomic policies
Re: Economy Responding Positively To My Policies —Tinubu by Bluntemperor: 6:02am On Dec 19, 2024
Bankowner:
Tiny piece of fried meat = #800
Half cut of Titus fish = #3000
How do people feed?
Real response to stimulus, things are getting better.
Tinubu Should Not Be The One Telling Us,if his Economic Policies is Working, let People Say It,for they are Not the one who is in the Market.
That he is saying it, means -its is not working,
How can a Bag of Rice be selling for N100,000.?
I went to the Market,Few days ago,the Smallest Ike of Groundnuts Oil is 3K-
The Bread we bought for N700- during Buhari-is now N1,500.,so what is Working here?
• Your CBN is just making life difficult - for the Poor,for no one can even borrow Money - at Banks-37%Interest Rate - since the base rate by CBN is 27%.We can see that the Govt- is trying to Satisfy the Foreign Investors - by Increasing interest rates,while the Local Investors and the People - are left behind.This is the same way of Old here but you need the Local People More , because if the People at home form the fulcrums of Your Investment,the Foreign Investors will have more Confidence for Multimillion to Borrow Money easily.
Unfortunately,we are doing otherwise!
Let all those in National Assembly - continues to Clap for themselves - afterall,they have Lexus Vehicles - and enjoy good Salaries and Allowances!
Re: Economy Responding Positively To My Policies —Tinubu by richmond500: 6:06am On Dec 19, 2024
Lithiumite:
Go and read about the Chinese reforms and what the people suffered,china didn't grow into prosperity by driving benzs and lexus's or building mansions and flying private jets.....not by riding okada or keke and buying cheap petrol so you can go to parties and vacation abroad.
I know a lot about it,they didn't suffer like this even after shutting economy from other countries
Re: Economy Responding Positively To My Policies —Tinubu by Blackdisciple(m): 6:10am On Dec 19, 2024
Maybe he is the only one seeing the positive o
Re: Economy Responding Positively To My Policies —Tinubu by Godfirst2014: 6:20am On Dec 19, 2024
They can not comprehend. It is beyond their reasoning. They still want Nigeria to continue the 'bolekaja' economic policies.Soja come,soja go. They will understand Tinubu policies after he left the stage.

It's normal to have an economic downturn when radical reforms are being made....go read up on thatcher's policies in the 80s UK or Roosevelt's marshal plan during the recession years in America,better still China's backward reintegration policy of the 60s upto the 90s.....but look at those countries afterwards,there is no way we can move forward without these radical reforms.[/quote]
Re: Economy Responding Positively To My Policies —Tinubu by Foodqueen(f): 6:26am On Dec 19, 2024
True sir
Re: Economy Responding Positively To My Policies —Tinubu by Bankowner: 6:30am On Dec 19, 2024
Bluntemperor:
Tinubu Should Not Be The One Telling Us,if his Economic Policies is Working, let People Say It,for they are Not the one who is in the Market.
That he is saying it, means -its is not working,
How can a Bag of Rice be selling for N100,000.?
I went to the Market,Few days ago,the Smallest Ike of Groundnuts Oil is 3K-
The Bread we bought for N700- during Buhari-is now N1,500.,so what is Working here?
• Your CBN is just making life difficult - for the Poor,for no one can even borrow Money - at Banks-37%Interest Rate - since the base rate by CBN is 27%.We can see that the Govt- is trying to Satisfy the Foreign Investors - by Increasing interest rates,while the Local Investors and the People - are left behind.This is the same way of Old here but you need the Local People More , because if the People at home form the fulcrums of Your Investment,the Foreign Investors will have more Confidence for Multimillion to Borrow Money easily.
Unfortunately,we are doing otherwise!
Let all those in National Assembly - continues to Clap for themselves - afterall,they have Lexus Vehicles - and enjoy good Salaries and Allowances!
I feel you bro and I hope you understand the irony in my last sentence.
Re: Economy Responding Positively To My Policies —Tinubu by israel90: 6:30am On Dec 19, 2024
Lithiumite:
In your copious myopia,you expect 6 decades of degenerative economic policies and dysfunctional statehood to be transformed in just over a year.....how?
so you believe tinubu can better Nigeria with this step he is taking, then something is wrong with ur thinking. U are not supposed to raise children
Re: Economy Responding Positively To My Policies —Tinubu by Blazetrailer: 6:31am On Dec 19, 2024
Who is deceiving him?
Re: Economy Responding Positively To My Policies —Tinubu by Bankowner: 6:34am On Dec 19, 2024
udemzyudex:
Yeah, it's obvious grin

Chicken na #20+ now.
The price of a goat a few years ago.
There was a country.
Re: Economy Responding Positively To My Policies —Tinubu by nedu666: 6:35am On Dec 19, 2024
When tinubu was on opposition he made it look like governance was easy and government was deliberately suffering the masses. Today as president he has emerged as the worst ever. Any improvements in economy that don't improve the lives of the citizens is meaniless and useless. Growing economy is not about increasing government revenues. Tinubu claims foreign reserves is growing, there is surplus is balance of payments, so why is your currency not improving, why are companies in Nigeria having low turnovers, why are companies not employing more people.
Re: Economy Responding Positively To My Policies —Tinubu by arsenal33: 6:36am On Dec 19, 2024
richmond500:
China reforms didn't put them under this kinda torture.
It just aligns with their economy, Norway reforms didn't also put them under torture
you do not know history. Google Chairman Mao' reforms. You prefer to have someone who promises reforms without pain.
Re: Economy Responding Positively To My Policies —Tinubu by Lithiumite: 6:41am On Dec 19, 2024
israel90:
so you believe tinubu can better Nigeria with this step he is taking, then something is wrong with ur thinking. U are not supposed to raise children
Yes!! We are not procrastinators,we believe in him because he was the best by miles of the 4 candidates in the last elections......he already told us what he was going to do and he is already walking his talk.....obi and atiku also made subsidy removal and currency liberalisation a major plank of their campaign but we trusted tinubu more by being the most pragmatic of them all and the most prepared for the arduous task ahead.

You can go ahead and properly your candidate for 2027,tinubu would defeat him again and again.
Re: Economy Responding Positively To My Policies —Tinubu by Bobloco: 6:51am On Dec 19, 2024
JASONjnr:
My concern is a better Nigeria which he's promised.... And looking at the steps so far, I believe he will achieve it.

Man is very intelligent and knows how to romance the entire North.


I doubt iff any Southerner will be able to handle the North the way Tinubu is doing.

No wonder Kenneth Okonkwo left Peter Obi,...

The creation of the regional commission is a step forward to regional government.
You are merely grasping at straws.

In fact, you seem to be the only remaining BATerian who has yet to come to terms with the fact that Tinubu has absolutely nothing positive to offer Nigeria. Like the devil, Tinubu only came to steal, kill, and destroy, inflicting untold hardships, hunger, and starvation on Nigerians.
Re: Economy Responding Positively To My Policies —Tinubu by MamaOghenero(f): 6:51am On Dec 19, 2024
Huge lies. Shameless man.
1 2 3 4 5 Reply

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