₦airaland Forum

Blazetrailer:
Lol...it is obvious you know nothing about economics.


Go back to those who wasted money on your education(if at all you had any) and give them a refund of all the money they wasted + a strong written and publicly broadcasted national apology

smokinloud:
By the special grace of God.
Lagos State, being Nigeria's economic hub, plays a crucial role in the country's production landscape. Increasing allocations to this region would boost production capacity, thereby helping to curb inflationary pressures in the country at large.

temitope27:
Tinubu will take us to the promise land


I know it

smartemperor042:
Grace of God does not transform economy!!!

smokinloud:
By the special grace of God.
Lagos State, being Nigeria's economic hub, plays a crucial role in the country's production landscape. Increasing allocations to this region would boost production capacity, thereby helping to curb inflationary pressures in the country at large.

PepeXKermit:
if you see a double digit inflation rate anywhere in the developed world, not to even talk of double digits to the 3rd tens, then it means that economy dey in serious shambles.

smokinloud:
🤣 You didn't address my point, you are only barking at me.

Blazetrailer:
Lol...Why should I bother to engage someone who does not know that inflation is not a state-driven thing. There is just no point.

Why bother trying reasoning with someone who thinks increased VAT does not lead to increased costs of goods sold(COGS) and a transferred burden on the end consumer, thereby increasing inflation the more.

A primary 3 pupil in a public school will not dare think of that, talk more of putting in a public domain.

I cant engage you abeg.

I cant dirty my brain, abeg.

Keep smoking your loud

smokinloud:
When the tax reform bill is passed, we will overcome inflation problems in Lagos. Not because increase in VAT does not increase inflation but because more allocation will create more jobs leading to productivity which will reduce inflation.

smokinloud:
You're a fioooool. Very foooooolish Igbo boy. I made it clear that increase in VAT does increase inflation but increase in allocation to Lagos will create more jobs, making Lagosians more productive thereby combating inflation. Go check your head.

lexy2014:
how will all tax reform bill and all you mentioned reduce inflation?

how will more allocation create more jobs leading to productivity?

how many jobs have previous allocations provided?

smokinloud:
When the tax reform bill is passed, we will overcome inflation problems in Lagos. Not because increase in VAT does not increase inflation but because more allocation will create more jobs leading to productivity which will reduce inflation.

lexy2014:
is inflation peculiar to Lagos alone?

how will inflation in Lagos reduce alone?

if you say VAT increase inflation, how then will it now reduce inflation in lagos alone?

how does more jobs reduce inflation?

what is the correlation between job creation and inflation?

HelipsTech:
Agbadorian economics.
Your moniker says it all

temitope27:
Tinubu will take us to the promise land


I know it

smokinloud:
You're a fioooool. Very foooooolish Igbo boy. I made it clear that increase in VAT does increase inflation but increase in allocation to Lagos will create more jobs, making Lagosians more productive thereby combating inflation. Go check your head.

smokinloud:
Oga, go wash your eyeballs with kunu then come back to read read my comments. I don't waste my time arguing with twats.

smokinloud:
I made it clear that increase in VAT does increase inflation but increase in allocation to Lagos will create more jobs, making Lagosians more productive thereby combating inflation. Go check your head.

smokinloud:
Oga, go wash your eyeballs with kunu then come back to read read my comments. I don't waste my time arguing with twats.

smokinloud:
Allocations can create jobs and stimulate productivity in several ways:

1. Infrastructure development: Allocating funds to infrastructure projects, such as transportation, energy, and communication, can create jobs in the construction and maintenance sectors.

2. Support for small and medium-sized enterprises (SMEs): Allocating resources to SMEs can help them expand their operations, hire more employees, and increase productivity.

3. Investment in education and training: Allocating funds to education and training programs can enhance the skills of the workforce, making them more productive and attractive to employers.

lexy2014:
since you washed your eyes, can you show me which o the questions asked you to argue?

1. is inflation peculiar to Lagos alone?

2. how will inflation in Lagos reduce alone?

3. if you say VAT increase inflation, how then will it now reduce inflation in lagos alone?

4. how does more jobs reduce inflation?

5. what is the correlation between job creation and inflation?

Blazetrailer:
Loud smoker...I am not even Igbo...not all sensible Yorubas support stupidity lies,dishonesty and looting....reason Tinubu lost in Lagos at the last election.

You are looking for someone to engage you, lol....
If increase in VAT will worsen inflation nationally, how then does increase in job creation bring it down just in one state? The person selling cows or selling beans will sell less for you because you are in Lagos state? Or does job creation equate deflation?

You see why I said you should do a refund for those who thought they sent you to school. You dont know basic economics. A primary school student will floor you in economic discussion.

What am I saying self...aren't you an APC tout?...oh..little wonder....no surpise here

smokinloud:
Crawl back into your red mud hole.

Increased allocation to Lagos state leads to job creation which in turn stimulates economic growth. As people earn more, they're likely to spend, invest and contribute to the state's GDP. This growth can lead to increased productivity, efficiency,m and competitiveness ultimately reducing inflationary pressures.

Local economic multiplier effect can lead to low inflation in Lagos, when money is allocated to Lagos state it creates a local economic multiplier effect. This means that the initial investment generates additional economic activities, as businesses and individuals spend and invest their earnings locally. This effect can reduce inflation in the state and neighbouring areas.

Job creation stimulates the economic growth and increase purchasing power i.e increased allocation, if well spent, creates jobs that increase purchasing power which is what determines inflation rate in a state.

Lagos state inflation is almost at par with the core Northern states where cattles are rared. You're just a paid phoool, you don't deserve Bitter Obi money as you're a failure.



To clarify, my previous point about inflation reduction wasn't exclusive to Lagos state alone. I envision the benefits extending to the entire South West region.
https://www.thecable.ng/full-list-kogi-ekiti-kwara-states-with-highest-food-price-inflation/

Blazetrailer:
Lol...Why should I bother to engage someone who does not know that inflation is not a state-driven thing. There is just no point.

Why bother trying reasoning with someone who thinks increased VAT does not lead to increased costs of goods sold(COGS) and a transferred burden on the end consumer, thereby increasing inflation the more.

A primary 3 pupil in a public school will not dare think of that, talk more of putting in a public domain.

I cant engage you abeg.

I cant dirty my brain, abeg.

Keep smoking your loud

chisomkachy:
https://www.premiumtimesng.com/business/business-news/767068-just-in-nigerias-inflation-rate-rises-again.html?fbclid=IwY2xjawH0obVleHRuA2FlbQIxMQABHVLS0LWethdlW3XEcMd2jlz-5Pha5SakD1QZkDXuRL9ebIoNefcxW_ixiQ_aem_OqSxzeBi2Nzkze3BXFiySQ