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Nigeria’s Economy May Be Back From The Brink - The Economist - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s Economy May Be Back From The Brink - The Economist (6750 Views)

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Re: Nigeria’s Economy May Be Back From The Brink - The Economist by anonimi: 10:43am On Jan 30
mp3ree:
To some people this news taste like bitter leaves.
Is that how the free daily bread palliative of APC extreme poverty merchants tastes like?

Free bread that is shared daily in the absence of promised jobs to earn a living in dignity huh

Glimpsetv:

https://www.youtube.com/watch?v=zYltMapDyIo?si=0-hO0Vt5C9uBxVd1


A large crowd of Lagosians was filmed in a long queue struggling to collect a loaf of bread. To maintain order, several military personnel were on the ground to control the crowd. This has triggered a lot of reactions online.

Watch the video, share your thoughts in the comments.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Gotocourt: 11:20am On Jan 30
dheilaw1:
The market would frustrate them at a point.
You're right, some distributors who owns super market are into retail 📌💯. Their prices are damn low.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by omojeesu(m): 11:35am On Jan 30
seunmsg:
“As Tinubu gears up to run for a second term in 2027, a spate of painful reforms is beginning to show results.”



https://www.economist.com/middle-east-and-africa/2026/01/29/nigerias-economy-may-be-back-from-the-brink
What will the housefly do
But to support
The Waste Dump!
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by omojeesu(m): 11:39am On Jan 30
End times Institution.
They make sick
Kill
Then bury!
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by greatermax77(m): 1:39pm On Jan 30
That's how they will be dishing out useless analysis from year to year while the common man suffers
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Elusive001: 2:52pm On Jan 30
So the economy is on the brink bah? So who put am for brink?
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Elusive001: 2:58pm On Jan 30
It is difficult to overstate the mess Mr Tinubu inherited. When he took office in 2023, the country’s central bank had $7bn (equivalent to 1.4% of gdp at the time) in obligations it could not meet, prompting international investors to flee en masse. The bank’s credibility had been dented by a recklessly loose monetary policy, its mismanagement of dwindling foreign-exchange reserves and efforts to maintain an unsustainable tiered exchange-rate system. In 2022 alone the cash-strapped government spent some $10bn, equivalent to 2.2% of GDP, on a ruinous fuel subsidy.


These Tinubu’s supporters are shameless.
Na the same una worship Buhari then, now una dey talk say tinubu inherited messed u0 country from the god una worship.

Seunmsg
Madridguy
Mynd44
NgeneUkwenu
MANNA_BBQGRILLS
Throwback
Ttalk
Biodun556
Sarki
And all other "Darling daddy crew".

Una lives no easy ooooo abeg.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by ElSudani: 3:04pm On Jan 30
DeltaFire:
The Economist is a fake prophet!

Nigeria economy is getting worser every day. People are calling to beg for money.

Cement cost is high.
The economist is not like your yeye cash and carry journalism in Nigeria.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by ElSudani: 3:09pm On Jan 30
Elusive001:
It is difficult to overstate the mess Mr Tinubu inherited. When he took office in 2023, the country’s central bank had $7bn (equivalent to 1.4% of gdp at the time) in obligations it could not meet, prompting international investors to flee en masse. The bank’s credibility had been dented by a recklessly loose monetary policy, its mismanagement of dwindling foreign-exchange reserves and efforts to maintain an unsustainable tiered exchange-rate system. In 2022 alone the cash-strapped government spent some $10bn, equivalent to 2.2% of GDP, on a ruinous fuel subsidy.


These Tinubu’s supporters are shameless.
Na the same una worship Buhari then, now una dey talk say tinubu inherited messed u0 country from the god una worship.

Seunmsg
Madridguy
Mynd44
NgeneUkwenu
MANNA_BBQGRILLS
Throwback
Ttalk
Biodun556
Sarki
And all other "Darling daddy crew".

Una lives no easy ooooo abeg.
You life is far more difficult. I can only laugh at your futile attempt as spinning this as negative for Tinubu.
He met a battered economy and he put it on the path of recovery and strength. This is what The Economist is saying regardless of how much you try to twist it.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Bluntemperor: 3:14pm On Jan 30
seunmsg:
“As Tinubu gears up to run for a second term in 2027, a spate of painful reforms is beginning to show results.”

https://www.economist.com/middle-east-and-africa/2026/01/29/nigerias-economy-may-be-back-from-the-brink
Thank you the Economist Magazine,For this is Not Obasanjo,for that President ought to have laid a Solid Foundations for Nigeria Prosperity but he bungled it,
•For example, instead of Fixing Light 🕯️🚨,till today, NIGERIANS have no Regular Light - yet $16-Biliion Money -as loans for NEPA now -DISCOS Can Not be Accounted for Under the former leader,
1• Multiple Exchange RATES - Gone!
2•Tinubu has destroyed the 🛢️🪔 Cabal - who have been Manipulating FOREX/Foreign Currencies.
3•No Room for NNPC and its Subsidiaries - that have been Collecting Salaries and Allowances,yet No Fuel- ⛽ and thank to Dangote Refinery - the Largest Refinery -in the World 🌎,
4•Manipulation Of Form M- Importations -by Banks and Port Authority at NPA( Port Authority) -GONE,
5•NON- OIL EXPORTS ARE INCREASING NOW!
PAST GOVTS, even Since the Military 🪖 - Could not Summon Courage to Reform Nigeria Mono- Economy.
The Only thing for Tinubu is to Sack The NEPA DISCOS People and Bring In- Real Investors like General Electric 💡 ⚡, that will Accelerate the Rapid Economic Development, because WITHOUT REGULAR LIGHT 🕯️ 🚨,THERE CAN BE NO INDUSTRIALIZATION IN NIGERIA,FOR GENERATORS USAGES CANNOT DRIVE INDUSTRIALIZATION.
Truth and Facts!
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Otamendi99(m): 3:18pm On Jan 30
Gotocourt:
The economy is actually picking up but middle men are reaping people off. I observed some things are cheaper in super market than shops and market stall angry. Prices have dropped since last year at distributors warehouses but greedy shop owners ain't backing out. Car parts sellers are increasing prices though not all.
Exactly. I was surprised that supermarkets are now selling cheaper than in open markets. No wonder they are sprouting up everywhere in Owerri.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Vision101(m): 3:20pm On Jan 30
wman:
So what did Bubari and APC achieve economic wise in the 12 years that you've spent in power?
The derailing started immediately OBJ left office. OBJ's reforms were not sustained because of those that took over from him and the fact that his reforms dealt with the surface and not the root. PBAT's reforms is dealing with the root that's why the pains are more but it will solve the structural problems.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Elusive001: 3:33pm On Jan 30
ElSudani:
You life is far more difficult. I can only laugh at your futile attempt as spinning this as negative for Tinubu.
He met a battered economy and he put it on the path of recovery and strength. This is what The Economist is saying regardless of how much you try to twist it.
grin grin grin grin

Who battered the economy bros?
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by ElSudani: 3:45pm On Jan 30
Elusive001:
grin grin grin grin

Who battered the economy bros?
Tinubu’s job is to make it better and he is doing wonderfully well. He was not elected to blame anyone. He is doing what he was elected to do.
Re: Nigeria’s Economy May Be Back From The Brink - The Economist by watchindelta(m): 7:46pm On Jan 31
dheilaw1:
write in English, so everyone may understand understand your point.
are you not a nigeria? Nowaho abi you wan just talk.so u no understand am?
1 2 3 Reply

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