₦airaland Forum

xxxx999jon:
why some people can't read.
Was Buhari not mentioned in that post? Is he not the head of APC government?
Keep on deluding yourself that your life will be better because of any political party in power. Enjoy it m

My grouse is that you skipped the name of Dr. Adedoyin Salami , the Chief Economic Adviser to President Muhammadu Buhari and other members of the economic team and rushed to call CBN governor simply because he went against the sitting president. This government is also doing the worst.
I won't respond to you again on this topic

mycar:
My grouse is that you skipped the name of Dr. Adedoyin Salami , the Chief Economic Adviser to President Muhammadu Buhari and other members of the economic team and rushed to call CBN governor simply because he went against the sitting president. This government is also doing the worst.
I won't respond to you again on this topic

why should I mention a mere adviser? Am I that jobless to start mentioning the whole economic team under Buhari administration?
What on earth does ways and means loan means? Who was in charge of giving it out to the FG.. I simply named the head of the two main actors Buhari which is the FG and Emefiele the CBN. Why should I mention a. Economic advisory team which is merely advisory no executive powers under the FG.. Do I look like a clown to you?
Nigeria net foreign reserve was $7b last week of Buhari administration.

nairalanda1:
And thanks to that N65, our debt grew and continued to grow.And our refineries continued to depreciate.

Same thing tinubu is doing with subsides in power, the power sector is failing because the man is doing the same thing as done for the fuel sector. Forced price controls in the name of helping the poor.

The result is a big disaster either way

Don't you think there is a loophole, a country with oil wealth could not even stand on its own. Reason he wanted to pass a new bill that favours the country as a whole and not some corporate companies in the west. What he wanted to pass vs what was pass is unknown to us all today. Prof Dora said it best during her interview when the bill was pass. I'll advice you check it out. Anytime anyone stand to review how our sovereign wealth is being generated and shared, something mysteriously happen. The cover story is why we hear, not the rea thing. Talk of propaganda at its peak.

Galapagous:
Don't you think there is a loophole, a country with oil wealth could not even stand on its own. Reason he wanted to pass a new bill that favours the country as a whole and not some corporate companies in the west. What he wanted to pass vs what was pass is unknown to us all today. Prof Dora said it best during her interview when the bill was pass. I'll advice you check it out. Anytime anyone stand to review how our sovereign wealth is being generated and shared, something mysteriously happen. The cover story is why we hear, not the rea thing. Talk of propaganda at its peak.

Nigeria does not produce enough oil money to stand on its own..

Note that this is something that has been known since the 1970s. Hence all the talk since that time of diversifying the economy. Even projects like Ajaokuta were meant to kick-start our industrial revolution self.

That's why subsidies worsen our financial situation. If we were running a diversified economy we might have had some money for some subsidy. The thing is, we don't.

Even sovereign wealth fund, lol. At best it had 2 billion dollars. That's not large enough.

If you want a prosperous nation, for Nigeria we got to use our natural resources to make exportable goods . Nothing like foreigners are trying to take over our money or secret bills or anything. The fact is our oil revenue is too small for a nation our size, which is why most of the time it is annoying that the Tinubu government is not doing enough regarding corruption and stealing.

nairalanda1:
Nigeria does not produce enough oil money to stand on its own..

Note that this is something that has been known since the 1970s. Hence all the talk since that time of diversifying the economy. Even projects like Ajaokuta were meant to kick-start our industrial revolution self.

That's why subsidies worsen our financial situation. If we were running a diversified economy we might have had some money for some subsidy. The thing is, we don't.

Even sovereign wealth fund, lol. At best it had 2 billion dollars. That's not large enough.

If you want a prosperous nation, for Nigeria we got to use our natural resources to make exportable goods . Nothing like foreigners are trying to take over our money or secret bills or anything. The fact is our oil revenue is too small for a nation our size, which is why most of the time it is annoying that the Tinubu government is not doing enough regarding corruption and stealing.

Nigeria produce enough oil, all the aids, grant and loans receive only sound harmless to the public, but the conditions that comes with them extends century into the future. But I can't convince you on this because you already denied it already. The Kissinger report is something you can look into, Cos how else will they have executed the intended actions. Don't forget that the so called NGO(PLAC) aiding our lawmakers are funded by macAuther Foundation, EU and FCDO. They just use clement nwankwo cover face. Their major role is just to ensure any bill pass do not affect their own interest. I havent heard where a privately group heavily funded by foreign agencies will be working closely with the highest lawmaking body of the country(NASS).