₦airaland Forum

Most Nigerians are not really smart. Ngozi just told him that the economy is not growing ( that they need to grow it) and that the masses are suffering (social safety net to cushion it).

In essence, Mr President your economy has failed.

But of course as head of WTO she has to mask her words so as not to erode public confidence but real economists understand what she meant.

Tinubumustgo:
The president of Nigeria is just Looking for cheap validation.

He has failed.

There is a vacancy in Aso Rock come 2027.

Not surprise. The same world bank, IMF & WTO also said Babangida SAPprogrammes of those days were in order then; until it clear all nigerians for eyes that we entered one chance. People earning dollars, and making a mess of Naira, are telling you Tinubu policies are in order, believe them @ your own peril.

SmartyPants:
It has been explained over and over but you don't want to accept it. There is nothing special to see:

explained how?.....d only explanation I want to see now is d lives of Nigerians bin impacted positively .....go to d rural areas n are for ursef....

givedemwotowoto:
Madam Ngozi is doing her personal best to promote a very badly run economy. You and I know behind those closed doors, she’s telling Tilumbu “ you’re borrowing too much and focusing on wrong priorities like coastal highway of fraud, you’ll bankrupt your country”.

In your mind, you were already abusing and cursing Okonjo iweala ...but you don't want to express it here so you will not look like m.u.m.u

some of the reforms are in the right direction.

you are complaining about the projects? what about kano-maradi rail for 2 billion dollars, abuja-kaduna line, badagry-sokoto rail??
are those not misplaced priorities? those were buhari projects.

sulaak:
His macroeconomic reforms are in the right direction. But his reforms are being destroyed with his economic greed, such as the investment in the Lagos-Calabar coastal highways (15 trillion), 3rd Mainland bridge ( N3.6 trillion) and MMIA rehabilitation (710 billion)

What is the use of the reform when the funds are wasted on projects that are not a priority? Nigeria needs electricity..now.

saintkel:
explained how?.....d only explanation I want to see now is d lives of Nigerians bin impacted positively .....go to d rural areas n are for ursef....

That's why you people are easy to deceive. True change is not about immediate results today. It's about building foundations that can support true development. A lead who gives you bread to shut up instead of building a bakery is not a leader but that's what you want.

Tinubumustgo:
The president of Nigeria is just Looking for cheap validation.

He has failed.

There is a vacancy in Aso Rock come 2027.

You've made up your mind seemingly to see everything he does as negative. Even in the face of truer validation.

Hello madam no need to tell them hatred has blinded them and we don't care infact we don't want to know how they feel our mission to reform the country will be completed and Tinubu will rule their a s s till 2031 even beyond if they provoke us and they can't do nada about it.

When we are talking they will say is because we are Yoruba, we are APC meanwhile i am a proud PDP member but we have to say the truth the only 2 reasonable government in the past 15 yrs is the administration of GEJ and BAT, but in this part of Africa we are not truthful in anything. Imagine what Mama Nigeria said about BAT administration. Yet some elements of stupidity will still keep on criticizing

lexy2014:
how has tinubu used his "reforms" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

amaridigital yarimo ibrahimcoomasie datola elsudani buhariguy AyeMoJuba MaziObinnaokija Ofemannnu Cajal Max24 Jonjam269

take note of the word "how"

Not how but the effect and this effect is what every sane mind is talking about.
It was a gradual damage since 1960 up to date and it is also going to be a gradual...thank God it is showing its fruits faster... healing,the growth,the development,the prosperity.
The initial difficulty is what is termed as the transitional cost.

Oga go back to bed!
When we are talking about Agulu you will be summoned.

lexy2014:
as a sensible and knowledegeable person, how has tinubu used his "reforms" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Igbotic in nature lol lolzzzzzzzzzzzzzzzzzzzzzzzzz.

givedemwotowoto:
Madam Ngozi is doing her personal best to promote a very badly run economy. You and I know behind those closed doors, she’s telling Tilumbu “ you’re borrowing too much and focusing on wrong priorities like coastal highway of fraud, you’ll bankrupt your country”.

That's why being wise is ahead of someone being smart...

saintkel:
There's something dis guys r seeing, we are not seeing ....I need to wear my good glasses and read again

Barzinime:
Oga go back to bed!
When we are talking about Agulu you will be summoned.

Since you have not gone back to bed and you are not talking about Agulu, then you should have no challenges answering the simple question:

as a sensible and knowledegeable person, how has tinubu used his "reforms" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Ofemannnu:
Not how but the effect and this effect is what every sane mind is talking about.
It was a gradual damage since 1960 up to date and it is also going to be a gradual...thank God it is showing its fruits faster... healing,the growth,the development,the prosperity.
The initial difficulty is what is termed as the transitional cost.

That still leaves the question unanswered.

how has tinubu used his "reforms" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

amaridigital yarimo ibrahimcoomasie datola elsudani buhariguy AyeMoJuba MaziObinnaokija Ofemannnu Cajal Max24 Jonjam269 pulapower

take note of the word "how"

saintkel:
There's something dis guys r seeing, we are not seeing ....I need to wear my good glasses and read again

They are not super humans my brother, the only difference between us is that they have opportunities more than us ..

PulaPower:
Tinubu is beyond seeking validations. Validations are for men like Obi and you can see it in pictures..

You’ll be shocked at the rate at which Nigerians go vote tinubu in 2027..

There’s a reason why all the planned protest didn’t gain momentum despite all these una propaganda. Abi, can’t you see una propaganda no dey work? Nigerians knows reality!

Watch out in 2027, you’ll be shocked!

Government has done everything to intimidate, suppress nd buy opposition figures over.
Protest didn't work, nt because d president is doing well.

seunowa:
Are you saying madam Ngozi is deceiving Nigerians? And she lacks integrity and that she can be easily bought by Tinubu government. Everyone knows that as bad as Buhari government was, food items, fuel, electricity and transportation were relatively cheaper majorly because subsidy and defending of our currency using billions of dollars monthly and so ease of doing business was fantastic. But Buhari reforms were cosmetic without addressing the foundational problems. Reforms initiated by Tinubu is the audacious in recent time which probe into the deeply- rooted hindrances bedeviling our country.

What are the "foundational problems" the buhari reforms did not address?

What were these "buhari reforms" and how were they cosmetic?

What are the "deep-rooted hindrances bedevilling our country" that tinubu "reforms" are probing?

So far, how many of these hindrances has tinubu reforms removed?

PulaPower:
Tinubu is beyond seeking validations. Validations are for men like Obi and you can see it in pictures..

You’ll be shocked at the rate at which Nigerians go vote tinubu in 2027..

There’s a reason why all the planned protest didn’t gain momentum despite all these una propaganda. Abi, can’t you see una propaganda no dey work? Nigerians knows reality!

Watch out in 2027, you’ll be shocked!

Based on all you said, how has tinubu been able to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

givedemwotowoto:
Madam Ngozi is doing her personal best to promote a very badly run economy. You and I know behind those closed doors, she’s telling Tilumbu “ you’re borrowing too much and focusing on wrong priorities like coastal highway of fraud, you’ll bankrupt your country”.

she has agbado in her pockets, shameless woman.

dettolgel:
Most Nigerians are not really smart. Ngozi just told him that the economy is not growing ( that they need to grow it) and that the masses are suffering (social safety net to cushion it).

In essence, Mr President your economy has failed.

But of course as head of WTO she has to mask her words so as not to erode public confidence but real economists understand what she meant.

This nonsense is coming from someone who just said Nigerians are not smart. If Nigerians are not smart then I can confidently say you wrote that nonsense with the aid of Google translate.

Well I am not going to argue with you, it is waste of my time. You better pick up some books on world politics and economy, and diplomacy. Maybe somehow you will figure out how professional address issues without being overtly insulting. Ngozi is just using you people's head.

ElSudani:
This nonsense is coming from someone who just said Nigerians are not smart. If Nigerians are not smart then I can confidently say you wrote that nonsense with the aid of Google translate.

Obi and atiku should just go and rest

Tinubumustgo:
The president of Nigeria is just Looking for cheap validation.

He has failed.

There is a vacancy in Aso Rock come 2027.

Sorry, eh! Sorry eh!! Is it hunger that doesn't make you see what he has done that even your best rated madam Okonjo is even Tinubu very well, and you want sensible Nigerians to vote for trial and error candidate that many obidients now were abusing and insulting during his tenure in Anambra as governor, right?

dettolgel:
Well I am not going to argue with you, it is waste of my time. You better pick up some books on world politics and economy, and diplomacy. Maybe somehow you will figure out how professional address issues without being overtly insulting. Ngozi is just using you people's head.

Right, except when it is a negative review of the situation in Nigeria?

givedemwotowoto:
Madam Ngozi is doing her personal best to promote a very badly run economy. You and I know behind those closed doors, she’s telling Tilumbu “ you’re borrowing too much and focusing on wrong priorities like coastal highway of fraud, you’ll bankrupt your country”.

The economy isn't badly run., talk less of very badly run.

You should have made these complaints under Buhari. He was the one who ran the economy aground.

When he assumed office, 26% of government revenue was spent servicing debt. By 2023 when he was vacating office, 97% of government was going towards serving debt. That means N97 out of every N100 was going towards debt servicing.

Buhari was borrowing like there was no tomorrow because he wanted to be populist, did not want Nigerians to suffer. So, he preferred to borrow excessively to make life easy by giving us cheap petrol. The CBN was already printing money to lend to the FG which is very inflationary and that's why the Naira value was collapsing.

Things had to change. That's why the 3 maun presidential aspirants said they'll remove the fuel subsidy. The removal by Tinubu saved about 10 trillion a year.

The forex market was worse. Buhari who has zero comprehension of economics started fixing the exchange rate. He refused to allow the Naira to depreciate despite crashing crude oil prices. This just destroyed the forex market.

At the time Buhari left office, there was only $4bn in net foreign reserves, that is the actual money tge CBN has access to. It was owing purchasers of fx $7bn. The scarcity of forex was what chased Emirates, GSK and some other multi nationals out of the country.

With the floating of Naira, sanity was restored. The net foreign reserves has grown from $4bn to $40bn. This can cover 8months of imports. The minimum for a country is 4months. The $4bn in 2023 could not even cover one month. It was that bad.

Due to these reforms and improved revenue collection, less than N50 out of every N100 is spent debt servicing.

So, things have gotten better. The economy is better managed.

However, I'd the government borrowing excessively. Nope, not like before.

Nevertheless, the country would have huge borrowing needs. It isn't easy still spending over 40% of revenue on debt servicing. It would take time for things to stabilise. Rome wasn't built in a day.

What is important now is that the debts are becoming sustainable. Debt sustainability is very important in any economy and even in a person.

There is some questionable borrowing such as for the $60bn bullet train network. Globally, the vast majority lose money. This will be no d8fferent.

dettolgel:
Well I am not going to argue with you, it is waste of my time. You better pick up some books on world politics and economy, and diplomacy. Maybe somehow you will figure out how professional address issues without being overtly insulting. Ngozi is just using you people's head.

Don't you think it will be good if Ngozi can be hired by Obi to also use people head for his presidential ambition? Instead Obi hireing "best biafra lawyers that don't lose case" that still fell flat to Tinubu lawyers, he should now hire madam ngozi as I stated above to boost Obi chance

While you young ones are arguing, and some can only argue for APC because their data and livelihood is being paid for by the ruling party, the old man is running around the world just like the previous leader to borrow money to finance this lifestyle of yours.
When Buhari called the youths name out of frustration of them not under the situation you were all still talking instead of working for the solution. Tinubu showed you level 2 when he said party is over, now prepare for level 3 when he start whipping the belt on young ones

Okonja is an economic doctor in the eye of the world.
If she says the patient is doing well while the family is running around to borrow money for drop and blood there is hope someone go lens money since they might be repaid, but if Dockky say this one son kpai, na funeral left be that all creditors go come collect their money.

Remember when our people were taking out the AC door window and generator for that build in Ibadan MMM na so them go come for everything

TheBillyonaire:
Those who are broke, by virtue of their own inactions, will definitely keep criticizing, because rebasing the currency has dealt a blow on people's earnings.

So let the president pick up a computer, log into the NIN/BVN portal and mass pay 1m naira to everyone's account at the rate of 100k per month for the next 10 months, it will cause massive inflation, but if people can be forced to invest the money in Agriculture/farming, then the money will disappear and come back in the harvest season in geometric proportion. And when it comes back, it will stimulate the economy.

It is called Universal Basic Income.

That is the job of the hopeless govenors