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Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah (7000 Views)

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Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by Burob: 11:28am On Oct 04, 2025
greatiyk4u:
I am not surprised because Tinubu is his partner in TAXATION, this man is milking Enugu citizens dry all in the name of increasing GDP thinking that he can tax his way to prosperity..........

Interns of transportation comfort,, convenience and affordability, he has shown working

How can every commercial vehicle pay close to 1k daily wether you work or not so far you are caught on the way even if you are coming back from the mechanic......this is same with articulated vehicles and Keke people

Without reckless and callous taxation, Abia state Government is doing far better than him,
Abia state no too far from Enugu , you can relocate to Aba as soon as possible?
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by Okoroawusa: 11:54am On Oct 04, 2025
greatiyk4u:
That's non of my problem
Akuko
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by grandstar(m): 12:15pm On Oct 04, 2025
greatiyk4u:
@ the bolded, make una dey take am easy with the propaganda and shameless lies
Pleasw read the second paragraph slowly:

https://www.instagram.com/p/DKb0-N6I33k/?hl=en
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by greatiyk4u(m): 12:31pm On Oct 04, 2025
Burob:
Abia state no too far from Enugu , you can relocate to Aba as soon as possible?
I am in Imo state
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by Burob: 1:12pm On Oct 04, 2025
greatiyk4u:
I am in Imo state
Even closer to Abia state, but fear can never allow u cross into Abia state, because u still want to be enjoying the fruits of your dear governor Hope Uzodinma, Mr the road is good.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by 004gist: 2:48pm On Oct 04, 2025
grandstar:
Nope. Check below. Focus on Net Foreign Reserves.

https://www.instagram.com/p/DKb0-N6I33k/?hl=en

https://x.com/aonanuga1956/status/1958532870105915757
As at 2007 wheb obj was about to leave he left 45 billion reserve and 25 billion excess crude oil.

When Yar'Adua was there it increased to about 68 or there about that's the highest reserve we got.

Jonathan reduced it by almost 20.

U need to fo back to CBN bulletin on external reserve and learn and stop dishing false posts
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by grandstar(m): 2:58pm On Oct 04, 2025
004gist:
As at 2007 wheb obj was about to leave he left 45 billion reserve and 25 billion excess crude oil.

When Yar'Adua was there it increased to about 68 or there about that's the highest reserve we got.

Jonathan reduced it by almost 20.

U need to fo back to CBN bulletin on external reserve and learn and stop dishing false posts
Oga,
Perhaps you go through the second paragraph slowly. It clearly states $3.99bn in 2023.

Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by 004gist: 3:23pm On Oct 04, 2025
grandstar:
Oga,
Perhaps you go through the second paragraph slowly. It clearly states $3.99bn in 2023.
Stop arguing what u don't have knowledge in and stop taking modt of this aid. What they say.


Obj remain the only president that grew reserves from 3.5 to close to 45billion in 8 years and excess crude 25 billion dollar
Go for real data from cbn

Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by greatiyk4u(m): 3:56pm On Oct 04, 2025
Burob:
Even closer to Abia state, but fear can never allow u cross into Abia state, because u still want to be enjoying the fruits of your dear governor Hope Uzodinma, Mr the road is good.
Hahahahah
Imo na hell fire na
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by grandstar(m): 4:12pm On Oct 04, 2025
004gist:
Stop arguing what u don't have knowledge in and stop taking modt of this aid. What they say.


Obj remain the only president that grew reserves from 3.5 to close to 45billion in 8 years and excess crude 25 billion dollar
Go for real data from cbn
This is the gross foreign reserves.

It does not differentiate the sum that has been encumbered. The gross can be very misleading.

For instance, you saw the figure of $36.82bn in gross foreign reserves. Despitre bthe size, the central bank were owing buyers of forex $7bn. If it really had $36.82bn, why would it be owing buyers? Because most of it was encumbered. Net foreign reservesm was actually $3.99bn, that was the amount unemcumbered.

The country had to start running all over the place to raise the $7bn. It was the severe scarcity of forex that chased GSK, Shoprite, Emirates out of the country.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by 004gist: 4:41pm On Oct 04, 2025
grandstar:
This is the gross foreign reserves.

It does not differentiate the sum that has been encumbered. The gross can be very misleading.

For instance, you saw the figure of $36.82bn in gross foreign reserves. Despitre bthe size, the central bank were owing buyers of forex $7bn. If it really had $36.82bn, why would it be owing buyers? Because most of it was encumbered. Net foreign reservesm was actually $3.99bn, that was the amount unemcumbered.

The country had to start running all over the place to raise the $7bn. It was the severe scarcity of forex that chased GSK, Shoprite, Emirates out of the country.
Goobye but try get some education or use chatgpt... It has a free version
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by grandstar(m):
004gist:
Goobye but try get some education or use chatgpt... It has a free version
The problem is your dislike for Tinubu.

If Peter Obi achieved this, you'd be praising him.

The truth does not change anything.

Did Okonjo-Iweala not say the economy is stabilising, or she was refering to the OBJ government? Lamido Sanusi and Charles Soludo have praised the reforms.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by tonesky(m): 5:30pm On Oct 04, 2025
Mr. MBA, Mbanu! It's not translating to our daily living.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by 004gist: 7:10pm On Oct 04, 2025
grandstar:
The problem is your dislike for Tinubu.

If Peter Obi achieved this, you'd be praising him.

The truth does not change anything.

Did Okonjo-Iweala not say the economy is stabilising, or she was refering to the OBJ government? Lamido Sanusi and Charles Soludo have o495 square meters.
Location : Parkview Estate, Ikoyi.raised the reforms.
What did tinubu achieved? Please be clear? The only thing that increased recently was foreign remittance which is money sent to Nigeria by we Nigerians abroad...

I think reserves only added 2 billion dollars or three about.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by commoditiesnig(m): 9:02pm On Oct 04, 2025
grandstar:
With net foreign reserves rising from $4bn in 2023, to $42bn today is a huge milestone.

From 97% of government revenue spent on debt servicing in 2023, to less than 50% today is another great milestone.

Yes, the economy is stabilising.
Well said.. Inflation/food prices needs to reduce further more and all will be good
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by mercysamuelson(m): 10:16pm On Oct 04, 2025
ambale

So the millions whose purchasing power have been decimated and still will be taxed harder don't know too right?




I think you are one of those people who doesn't know.
Re: Tinubu's Reforms Have Stabilised The Economy, Says Peter Mbah by Burob: 8:25pm On Oct 05, 2025
greatiyk4u:
Hahahahah
Imo na hell fire na
I come dey wonder why una never enter Abia State?
1 2 3 Reply

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