₦airaland Forum

Majority of Nigerians are living below the poverty line so, there’s that.

Then, any reforms that doesn’t translate to bringing down the cost of living (prices of food stuffs, services, transportation etc.) would be deemed to have failed no matter what the stats are saying.

nairavsdollars:
The presidency keeps saying the bold reforms are visible but why are poor Nigerians not reaping the benefit of President Bola Tinubu's reforms after two years in office?

nairavsdollars:
The presidency keeps saying the bold reforms are visible but why are poor Nigerians not reaping the benefit of President Bola Tinubu's reforms after two years in office?

informal sectors are neglected ranging from farmers,artisans also non oil sector,we only depend on oil,focus is only on growing GDP without reflection on masses.

helinues:
Ironically, you people at the opposition shouting hardship, hunger never experienced it meaning the same government policies you have been undermining are working for you just deliberately being mischievous. Unfortunately

Please allow sane people comment on this issue reasonably naa!!

favor914:
Heaven helps those who help themselves, no policy will remove a person from poverty, that cannot think for themselves.

Tinubu’s policies remove people from poverty in 2 years? What an absurd statement.

A joke, the poor remain poor, because they lack the mental capacity to create wealth for themselves & add any value to society.

Hmmm...

ogolemati:
but see how frustrations had finished you with all the help they gave you

frustrations had finished indeed.

favor914:
Heaven helps those who help themselves, no policy will remove a person from poverty, that cannot think for themselves.

Tinubu’s policies remove people from poverty in 2 years? What an absurd statement.

A joke, the poor remain poor, because they lack the mental capacity to create wealth for themselves & add any value to society.

All these your comments, Na grammar.
As long as the government can't guarantee security, food supply and provide transportation, it is a failed government cest fini.

ledaman:
All these your comments, Na grammar.
As long as the government can't guarantee security, food supply and provide transportation, it is a failed government cest fini.

Who is arguing with u? your state & local government are failed cest fini.

helinues:
Ironically, you people at the opposition shouting hardship, hunger never experienced it meaning the same government policies you have been undermining are working for you just deliberately being mischievous. Unfortunately

Sometimes you gat to respect yourself

Poor people are getting poorer day by days why rich people are getting richer by days. Thank to Mr president.

The reform will take effects before 5years am sure about it.
Even the haters on NL here are changing their attitude gradually.

favor914:
I blamed Nigerians for your own laziness?

Yes and you have the most hard working leader. Anyway, it's hard to change history. Tinubu will forever be remembered as Nigeria's worst mistake. Neither you or him can change that. When people tell their children of his presidency, they will take about hardship, sickness insecurity and pain.

favor914:
They don’t have the mental capacity to elevate themselves out of poverty.

Meaning what? Just because you were lucky doesn't mean others will be lucky.

How do you mean the poor are not getting the benefits

Then whose accounts are the GOVERNMENT paying all those moneys into

FOLYKAZE:
Foods are now very cheap compare to what it was somewhere around this time last year. Yes I am talking about our common staples like cassava flour, garri, rice and beans. So the so called poor can still afford nutritious meals without breaking banks. Aside from worrying about continental dishes, common staples especially home made food are cheap

What happened to cement and fuel ⛽️

tctrills:
Yes and you have the most hard working leader. Anyway, it's hard to change history. Tinubu will forever be remembered as Nigeria's worst mistake. Neither you or him can change that. When people tell their children of his presidency, they will take about hardship, sickness insecurity and pain.

Worst ever, talk is cheap, hope you make it out the zoo to have your day of remembrance in future.

Nefort:
Meaning what? Just because you were lucky doesn't mean others will be lucky.

Anyone waiting on the president to elevate them out of poverty, will never put themselves in a position to be lucky.

Even when the opportunity is staring @ time right there in their faces, they are third eye blind, they will never see it.

THIS IS A MILLION DOLLAR QUESTION!!!

When this man said it was his turn, many NIGERIANS, including the Elites, never knew what exactly he meant.

It's clear now that it's his turn to put another nail in the coffin of the poverty-stricken and economically decimated masses of this British Contraption!

FOLYKAZE:
Foods are now very cheap compare to what it was somewhere around this time last year. Yes I am talking about our common staples like cassava flour, garri, rice and beans. So the so called poor can still afford nutritious meals without breaking banks. Aside from worrying about continental dishes, common staples especially home made food are cheap

I completely disagree with this claim. The reality on ground does not support the idea that food prices have dropped or that staples are now cheap.
Walk through any local market or neighborhood shop and you’ll see that cassava flour, garri, rice, and beans have all witnessed sharp price increases compared to last year. Even a small paint bucket of garri that once sold for ₦600–₦800 now goes for well above ₦1,500 in many places.

There’s a clear disconnect between this claim and the daily experience of average Nigerians struggling to feed their families. The so-called “common staples” are no longer as affordable as they used to be. Many people have been forced to reduce meal portions or switch to less nutritious options just to survive.

Let’s be honest about what’s happening — the cost of living is still rising, and pretending otherwise does not change the reality that the poor are feeling the heat the most.

The so called bold reforms ab initio were not meant for the poor masses. The reforms were concocted by the world bank for the interest of the capitalists not the people. The Nigerian socio-political economy is too corrupt to allow the benefits of the reforms reach the poor masses.

helinues:
Ironically, you people at the opposition shouting hardship, hunger never experienced it meaning the same government policies you have been undermining are working for you just deliberately being mischievous. Unfortunately

simple things that we need for everyone to feel the impact is to get fuel price to come down drastically to like 300 and exchange rate rate to come to like 600 t then the inflation will adjust it's self base on purchasing power that is what we need

favor914:
frustrations had finished indeed.

you have immunity from your union mod,see

favor914:
Sorry, no one can help u, u will remain were u are.

I hope Nigeria doesn't happen to you. Then your eyes would clear. There are certain things even your so called richies won't save you from. You think being rich ultimately makes up for everything. You all should continue supporting nonsense a day of reckoning is close. Insha Allah

Tenrack:
I hope Nigeria doesn't happen to you. Then your eyes would clear. There are certain things even your so called richies won't save you from. You think being rich ultimately makes up for everything. You all should continue supporting nonsense a day of reckoning is close. Insha Allah

Absolute Nonsense.

favor914:
Absolute Nonsense.

I hope you'll be able to keep up this energy when it gets to your turn. And you'll be able to sing the praises of these evil leaders when you meet your Waterloo. Shalom.

Because poor people will need to change the kinds of works they do or how they work, in order to be able to produce more e g mechanised systems of transforming cassava or Palm fruits into garri or red oil.

Then companies, to buy the produced garri and red oil, sell them to the local consumers or export them ,to make more profits.

The chains of process involves so many actors and stakeholders, beyond the FG.

Those, who are able to follow the processes are already reaping the benefits

Tenrack:
I hope Nigeria doesn't happen to you. Then your eyes would clear. There are certain things even your so called richies won't save you from. You think being rich ultimately makes up for everything. You all should continue supporting nonsense a day of reckoning is close. Insha Allah

There are problems everywhere, dear.

nairavsdollars:
The presidency keeps saying the bold reforms are visible but why are poor Nigerians not reaping the benefit of President Bola Tinubu's reforms after two years in office?

It’s very simple. It’s called trickle down economics. I have to have confidence in the economy to set up a factory. When I set up the factory, I employ workers. When I employ workers, they get paid, when they get paid they spend money, the money they spend then flows into the economy everywhere they spend that money, the clothes seller, the show seller, school fees, uniforms,, the food seller etc But I can’t employ workers to work in the factory until the factory is complete and even though the conditions to build a factory are now favour able, you dont build a factory in a day or even a year. It takes time to raise finance, it takes time to construct, during that period few jobs are created for the poor.

But it all starts from the entrepreneur having the confidence in the stability of the economy and it takes time from having that confidence to establishing/investing or expanding his business.

For example Dangote has just started a new cement plant in Ogun, it takes time before the plant is complete and they start employing workers. Dangote just imported 10,000 trucks requiring at least 10,000 drivers and 10,000 assistants for each truck but the petrol they will distribute cannot be produced until the refinery is finished and the construction took 10yrs so until it was finished he did not need 10,000 drivers but the moment he started construction, the jobs were coming. I am not saying it wil take 10 years for jobs for the poor to arrive. The scale of the jobs at Dangote is reflected in the scale of the refinery. Most jobs will take less time to manifest but the point is they take time.

It flows down and the poor are the last to feel the effects….that’s just how it is.

When you see the stock market rising, it means companies are doing well and will invest in expansion, it means they will create more jobs.

MTN is making money, declaring g huge profits, they will expand their network. To expand they have to order equipment, it takes time to manufacture and import the equipment. It is only when the equipment lands that they can employ, engineers labourers, etc to deploy the equipment.

Point is there is a lag between the decision to invest and when the jobs are actually created.

Tenrack:
I hope you'll be able to keep up this energy when it gets to your turn. And you'll be able to sing the praises of these evil leaders when you meet your Waterloo. Shalom.

Nonsensical Nonsense

lexy2014:
Cheap? Really?

What made these staple foods rise in the first place?

What was their prices before they became expensive?

Some of the poor are actually taking advantages of the increase in prices and started producing large quantities of foods, to sell and make great profits e.g Goat and cattle herders.


I used to buy goats at the rate of #20,000 per one Obuko upto 2022 but now the herders have increased it to #35,000/Obuko in Osun State.


They have also increased the prices of wooden planks from #2000 / 12 by two inches to an average of #6000, they have increased the prices of palm oil everywhere from Ikale,Oke-Igbo and Ile-Oluji in Ondo State to Iragbiji in Osun State and virtually, all items they produce. Whenever, we complain, they would hide under the pretext of pump prices and/dollar rates, eventhough their productions had little to do with these. I have also noticed , cocoa farmers buying Sienna cars like no man's business.

Don't be deceived, the so-called poor that are producing these items ,greatly benefitted from the reforms.


The only poor people, that are not benefitting are the salary earners and young educated Nigerians, who feel that they are educated and looking for white-collar jobs plus traders in non-essential goods like sunglasses, makeup creams, wigs etc

Shidinky:
Mediocrity is celebrated by Nigerians. Ghana and all your neighbours have constant light. But your praising half light

This is FALSE.
Although they may be fairly stable supply of electricity in urban areas but many parts of Ghana are yet to be electrified.

In any case, success is measured from the increase added, from the starting point I.e May-29, 2023

favor914:
Well na the people we dey wait for Tinubu to remove them from poverty, u go sorry for.

That means, they will need to wait for Alhaji ,Pa Atiku to take them out of poverty either in 2027 or 2031