₦airaland Forum

rickleye:
And what does that mean to John Doe and Jane doe. It doesn’t bring down inflation or create jobs or improve infrastructure. It simply means we can borrow money and pay back when due.

simonhabby:
It simply means there's more confidence in Nigeria paying back her debts. It doesn't mean the economy is good or bad or Nigeria is rich or poor, but she is more capable or more willing to pay back debts. The good thing is that we can access more loans with lower interest rate because the higher your credit rating, the lower the interest on your loans.

WiszyFraud:
Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .

Brendaniel:
So those that were killed by bandits and herdsmen in their farms were asking for free food abi?

The worker that goes to work earning 77k that cannot buy a bag of rice or even pay his transport fare or his bills is asking for free food abi?

Continue supporting nonsense

Brendaniel:
And what is the job of Tinubu as president ?
Who is more important to an average citizen, president or governor?
...

Brendaniel:
The fruit of a tree is not usually at the bottom, for you to get that fruit you have to reach the top...
What is Tinubu's job?
Are you saying all these positions you mentioned are more important than the president?

Ijaya123:
Your governor, state and federal lawmakers are your elected representatives who are closer to you than the president. Ask them what they are doing with the huge allocations they receive regularly.

Or you want to start climbing a tree from the top?

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

Brendaniel:
Is Tinubu's job only to share huge devalued allocations?

abc115:
Rice is 50k now

Putindbutt:
Then tell your Governor to return it . No wonder, he's looting away your future while you barking at the center.

PriceActionZ:
Who is moody? Hun

SoftSport:
This is good news for Nigeria and shows Tinubu is doing a good job with the economy.

nedu666:
Reforms that don't improve welfare of ordinary Nigerians is useless reforms. Govt is not about raising revenue and borrowing money

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

Learner247:
Why is the common man still finding it difficult to afford basic needs? I asked the question to help us reason things out...

I feel that we take the easy way out when we just blame whoever is at the helms of affairs. The way we are going, we may never get any leader that we will celebrate as successful until after they leave office. Think about it, most of the challenges bedeviling us in Nigeria present opportunities to any creative mind; from food to security etc.

It just seems to be that we probably need to be more responsible.

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

muykem:
There is no major reform on earth that will improve people's welfare in two years.

lionshare:
Actually, it will help tame inflation and promote investments that create jobs and opportunities for both the rich and the poor.

MT:
America credit rating was downgraded from Aaa to Aa1 two weeks ago by Moody.

Under Tinubu’s watch , Nigeria credit rating was upgraded.

So, for you who are subservient to the Caucasians, who is a better leader between Trump and Tinubu?

You can’t argue with the fact.

phemray:
Am just waiting for when common man will be 100% settled since 1960. Common man will always exit being common by being productive government policies will always have effects on Nigerians. The questions are, are the policies necessary and has it redirects Nigeria towards a better future? If yes, the we leave with the consequences till it's over.

simonhabby:
It simply means there's more confidence in Nigeria paying back her debts. It doesn't mean the economy is good or bad or Nigeria is rich or poor, but she is more capable or more willing to pay back debts. The good thing is that we can access more loans with lower interest rate because the higher your credit rating, the lower the interest on your loans.

aribisala0:
Simple terms is that people perceive the risk of lending money to you to be lower , that they are more likely to get their money back and therefore the interest rate you have to pay when you borrow is lower

WiszyFraud:
Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .

hatchy:
That picture above looks like someone who just being brought out of the Mortuary.

Fake Akantant, see his economic plan....

Irony1:
The rating upgrade is not for real investments, let usbstop deceiving ourselves. This is for those who love hot money investments. The portfolio investors with this rating will have confidence in trading in Nigerian financial instruments. It will not help the country in the long run because the investments that will create jobs are not there.

Irony1:
This is for portfolio investors. This is to give confidence that Nigeria can honor obligations once the tenor for Bonds and other securities that they get from the government reaches, they will get their money plus interest back.
This doesn't in anyway give confidence to investors in the real sector of the economy.

clockwisereport:
Can economists explain it in simple terms

WiszyFraud:
Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .