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IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians (17787 Views)

Poll: Which of these outcomes do you prefer?

Peter Obi should become the president and end hardship. I don't care if he releases Nnamdi Kanu 81% (464 votes)
I'm Yoruba, so I want Tinubu to continue, even if it'll warrant governing our corpses. Tinubu is incompetent and a massive failure, but I'll vote him 10% (58 votes)
Atiku should not govern even if he's competent, because it's the turn of the south 8% (50 votes)
This poll has ended

1 2 3 4 5 6 7 Reply (Go Down)

Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by malakaimoscondo: 3:44pm On Jun 14
Ofunaofu:
Nigerians, be warned: if Tinubu secures a second term, these IMF-recommended taxes will be next.
obi tax policy wil b death penalty if he wins
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Reference(m): 3:46pm On Jun 14
WriterX:
The IMF's recommendation may look attractive on paper, but Nigerians must examine what it means in practice and the dangers it carries.

The IMF says taxing fuel, telecom services, and increasing VAT could raise government revenue by about 4.6% of GDP over time. The obvious question is

revenue for what, and at whose expense?

Nigeria has already removed fuel subsidies, resulting in petrol prices increasing by several hundred percent in many areas. Transport costs surged.

Food prices followed. Inflation remains one of the highest in decades. Now the same citizens who absorbed the shock of subsidy removal are being told that fuel products should face additional taxation.

If fuel is taxed further, who ultimately pays? Not oil companies. Not government officials. The final cost will be transferred to transport operators, businesses, farmers, traders, and ultimately the ordinary Nigerian consumer.

The telecom proposal raises equally serious concerns. In today's Nigeria, mobile phones and internet access are no longer luxuries. They are tools for business, education, banking, communication, job searches, and even government services. A telecom excise duty effectively becomes a tax on economic participation itself.

The IMF projects significant revenue gains, but where is the evidence that previous revenue increases have translated into equivalent improvements in citizens' lives?

Since subsidy removal, government revenues and FAAC allocations to states have risen substantially. Yet Nigerians are entitled to ask:

Have public hospitals improved proportionately?

Have public schools improved proportionately?

Has insecurity reduced proportionately?

Has electricity supply improved proportionately?

Have roads improved proportionately?

Has corruption reduced proportionately?

Before demanding more taxes, government must explain what happened to the additional revenues already generated.

Even more revealing is the IMF's own admission that administrative reforms alone could generate roughly 3.1% of GDP through better tax collection, compliance, electronic invoicing, database integration, and enforcement.

So therefore If improved administration can generate almost as much revenue as new taxes, why is the conversation focused on taxing struggling citizens rather than fixing leakages, waste, tax evasion, and inefficiency?
Just the summary of everything.
Thank you for deep thinking like this.
These additional taxes are nothing but inflationary.
They look at only one side

Yes it will increase GDP by 4.6 percent but what will inflation do to that projected GDP rise.... draw it down again. At the end nothing is achieved, government revenue receipts will still remain poor as people further cut their expenses on even these basic services.

And you are absolutely correct.
Telecoms have been a massive subsidy for high transportation costs. People are increasingly substituting physical appearances for meetings, social events, educational programs, etc; with communication driven technology.

I was speaking with an interstate transporter a couple of weeks ago who intends to return his vehicle and free himself from the operate to purchase contract because he just cannot meet up. Passenger numbers are drastically down due to the two evils of inflation and insecurity.

I just do not understand why the government cannot put the horse before the cart AND PRIORITIZE WHAT WILL raise personal and business income levels. What will make for productivity rather than killing it.

It is a terrible vicious cycle. The more people are put out of work and the more business fold up, the more consumption falls. And with all that, the less taxes revenues will be realized by government. Meaning they will have to keep on raising and raising and raising rates just to maintain a certain collection.

That is classic stagflation. And it is a terrible place for an economy to be in.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by dauntless15(m): 3:46pm On Jun 14
We're dead, that is this one is not enough yet?
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by givedemwotowoto: 3:47pm On Jun 14
nairalanda1:
Fight corruption and rasing revenue can be done at the same time, otherwise, you might just tell me you support the government borrowing and borrowing to fill the deficit.
Fight corruption first. The economy is struggling, raising taxes will reduce the people's purchasing power and slow down the economy further, which could lead to more borrowing.

Before asking people to pay more, focus on reducing waste and blocking leakages. Fight corruption fiercely first.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Mandate1: 3:50pm On Jun 14
nairalanda1:
Tinubu should listen to the IMF and do it, and if he doesn't , whoever is taking over should listen to the IMF and do it, alongside fighting corruption

I know people will abuse me, and will call me names for my opinion, so let me drop some facts.

Our budget this year is: 68 trillion naira

Actual revenue available to fund this budget is : 33 trillion naira
Deficit: 29 trillion naira...and to cover that deficit, that is where the loans come in.

Yes, oil revenue rose, but remember that we have a debt of about 150 trillion naira to pay for.


People like to abuse me on this site and call me agbadoe, but if it was Peter Obi, or Atiku in charge, based on what I know, I would give them the same advice. We all shout that we want government to stop borrowing, but when it comes to measures to stop borrowing, we suddenly become allergic to good advice


Tinubu is a bad leader, and I am not voting for him next year, by the way.


Nigeria has had this deficit problem for decades. Everytime earnings do not meet up with the budget, meaning we have to borrow. This is because of the fact that we rely on resources WHOSE PRICES WE DO NOT SET. We cannot set oil above the international price to fund our budget because our buyers will go and meet the cheaper option. Back when we had cotton, cocoa, palm oil, same thing. (Ghana some years ago raised prices of its cocoa to meet up with budget funding and buyers went to other countries, Nigeria included, to buy cheaper stuff).

Most of the rich and poor do not pay taxes, only people in formal employment pay PAYE taxes, and revenue from VAT was about 8 trillion naira , plus revenue from bank charges was around 4 trillion naira...for this budget.

And the 68 trillion naira is not enough for a nation of 230 million people. You can abuse me, but we are too big for the budget. And that budget is the money available before stealing and looting happens.

Y'all can abuse me, but we have to face cold reality.

Either we start listening to the IMF and fighting corruption, as well as improving taxation, or else, even if we vote Obi tomorrow, as i hope we all do, or Atiku tomorrow, or even Sowore, I guarantee that our debt would be 800 trillion naira in eight years time.


You are free to abuse me and call me names now, thank you. I no longer care.



If una no wan hear, then that means you should stop complaining about borrowing, because refusal to support improved taxation and anti-corruption measures means you support borrowing.

Again, I am voting for Obi next year, and in reality, I don't care about all your politicans. IF Obi fails, out he goes in four years, and so forth, until we get sane leadership. Maybe we go wait till the debt is 10000 trillion naira before we get our own MIlliei and LKY...it took Argentina to get into such severe debt that it was defaulting on payments, for them to wake up. Now their currency is strong and fiscal performance better, and eventually other areas will improve.
you are bent on taxation and never care to talk about the main reason we keep borrowing. Why do we need over 400plus legislative members? Why do we need to budget billions for their cars anually? The main cost of governance is taken up by less than 10,000 people. This is where the main problem is.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by richeeyo(m): 3:51pm On Jun 14
This what i keep saying about Nairaland
Na one mad mod dey create this tribalistic poll
Mod GOD go punish you and seun wa turn nairaland to trash
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by OredoPikin: 3:52pm On Jun 14
Misterone:
Stupid poll! Obi should end hardship how? How is he going to do it? Explain to us! You guys think we've forgotten that he was once a governor and he did nothing in Anambra state. Rubbish.
U guys have said this countless times and we have heard u loud and clear.
But now, we cant simply continue with Tinubu. We all will die
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Mandate1: 3:52pm On Jun 14
nairalanda1:
Tinubu should listen to the IMF and do it, and if he doesn't , whoever is taking over should listen to the IMF and do it, alongside fighting corruption

I know people will abuse me, and will call me names for my opinion, so let me drop some facts.

Our budget this year is: 68 trillion naira

Actual revenue available to fund this budget is : 33 trillion naira
Deficit: 29 trillion naira...and to cover that deficit, that is where the loans come in.

Yes, oil revenue rose, but remember that we have a debt of about 150 trillion naira to pay for.


People like to abuse me on this site and call me agbadoe, but if it was Peter Obi, or Atiku in charge, based on what I know, I would give them the same advice. We all shout that we want government to stop borrowing, but when it comes to measures to stop borrowing, we suddenly become allergic to good advice


Tinubu is a bad leader, and I am not voting for him next year, by the way.


Nigeria has had this deficit problem for decades. Everytime earnings do not meet up with the budget, meaning we have to borrow. This is because of the fact that we rely on resources WHOSE PRICES WE DO NOT SET. We cannot set oil above the international price to fund our budget because our buyers will go and meet the cheaper option. Back when we had cotton, cocoa, palm oil, same thing. (Ghana some years ago raised prices of its cocoa to meet up with budget funding and buyers went to other countries, Nigeria included, to buy cheaper stuff).

Most of the rich and poor do not pay taxes, only people in formal employment pay PAYE taxes, and revenue from VAT was about 8 trillion naira , plus revenue from bank charges was around 4 trillion naira...for this budget.

And the 68 trillion naira is not enough for a nation of 230 million people. You can abuse me, but we are too big for the budget. And that budget is the money available before stealing and looting happens.

Y'all can abuse me, but we have to face cold reality.

Either we start listening to the IMF and fighting corruption, as well as improving taxation, or else, even if we vote Obi tomorrow, as i hope we all do, or Atiku tomorrow, or even Sowore, I guarantee that our debt would be 800 trillion naira in eight years time.


You are free to abuse me and call me names now, thank you. I no longer care.



If una no wan hear, then that means you should stop complaining about borrowing, because refusal to support improved taxation and anti-corruption measures means you support borrowing.

Again, I am voting for Obi next year, and in reality, I don't care about all your politicans. IF Obi fails, out he goes in four years, and so forth, until we get sane leadership. Maybe we go wait till the debt is 10000 trillion naira before we get our own MIlliei and LKY...it took Argentina to get into such severe debt that it was defaulting on payments, for them to wake up. Now their currency is strong and fiscal performance better, and eventually other areas will improve.
why are they borrowing debts that are not sustainable? Tinubu removed subsidy yet had borrowed more than those that paid subsidy. Borrowing trillions to build a coastal road we do not need. All states in Nigeria are already connected by FG roads, why then do we need a coastal road?
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Skullminers1: 3:53pm On Jun 14
Misterone:
Stupid poll! Obi should end hardship how? How is he going to do it? Explain to us! You guys think we've forgotten that he was once a governor and he did nothing in Anambra state. Rubbish.
You people will keep making Peter Obi even if you people have tailed erection or can't impregnate your wives.
Peter Obi did wonders in Anambra state during his tenure that was the reason Anambra state is fast developing and also he left Billions of Naira to Willie Obiano who unfortunately embezzled the money which was why EFCC haunt him down immediately he hand over to that talkative that calls himself Charles Soludo Nwamgbeafor.
So dont choke to death because of Peter Obi
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Jorussia(m): 3:56pm On Jun 14
jaxxy:
There sre already taxes on fuel and telecoms and even on basic things but yet nothing to show for it.

Why is IMF not asking why there is no accountabilty by government on current taxes paid.
The govt stopped collecting VAT on fuel over 2 years now
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Fujiyama: 3:57pm On Jun 14
UncleAyo:
I don't understand while the kind of thread poll like this above is allowed on this forum

Moderators: Mynd44, fergie001


"I'm Yoruba, so I want Tinubu to continue, even if it'll warrant governing our corpses. Tinubu is incompetent and a massive failure, but I'll vote him" as poll option?
^^^
grin
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Reference(m): 3:58pm On Jun 14
givedemwotowoto:
Fight corruption first. The economy is struggling, raising taxes will reduce the people's purchasing power and slow down the economy further, which could lead to more borrowing.

Before asking people to pay more, focus on reducing waste and blocking leakages. Fight corruption fiercely first.
And prioritizing expenditure to what is critically needed for national survival.

Not wasting scarce tax naira on bogus recurrent expenditures even if they are legal, or bogus capital projects even if they are appropriated.

People who earn millions in government cannot be the final arbiter of how we spend our money as a nation because they do not feel anything.

Their salaries are paid by the public, their business is politics so they do not KNOW or FEEL the effects of their decisions on the real economy.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Hangulsaram: 3:58pm On Jun 14
Misterone:
Stupid poll! Obi should end hardship how? How is he going to do it? Explain to us! You guys think we've forgotten that he was once a governor and he did nothing in Anambra state. Rubbish.
Did you see Obi's in the writeups or you just hate the man and Good thing
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Dalohad: 3:58pm On Jun 14
Every sane country have stopped listening to those devil incarnates in IMF.

None of their policies have ever been designed to uplift Africans from poverty. They encourage the taxation of poverty, so that people can die off as part of their population control measures against Africa.

No wonder Burkina Faso threw them out of their country.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Jorussia(m): 4:00pm On Jun 14
Mandate1:
you are bent on taxation and never care to talk about the main reason we keep borrowing. Why do we need over 400plus legislative members? Why do we need to budget billions for their cars anually? The main cost of governance is taken up by less than 10,000 people. This is where the main problem is.
Some of u are so dull that I wonder if u take time to ever research in your life.Nigeria has never been a wealthy nation and as such we the citizens expect miracles that will never happen.In 2027,no matter who becomes president, another brave unpopular economic decision must be taken with regard to power distribution and taxation.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Omalicious1: 4:02pm On Jun 14
FuglyGurl:
https://punchng.com/revenue-imf-asks-fg-to-impose-fuel-telecom-taxes/?utm_source=rss.punchng.com&utm_medium=web
While we watch with keen interest, it's important for Nigerians to brace up for impact because once BAT secures second term, hmmmm
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by PigTormentor: 4:03pm On Jun 14
Misterone:
Stupid poll! Obi should end hardship how? How is he going to do it? Explain to us! You guys think we've forgotten that he was once a governor and he did nothing in Anambra state. Rubbish.
Don't mind these clowns. They think that everyone is as shallow as them.
Obi was a failure and will be even worse as a president.
The Agulu fraudster lacks basic economic understanding. Simple economic theory of what he Will differently he can't explain.
These people will make all sorts of excuses for his incompetence.
They are just desperate for an Igbo president. Nothing more.
Don't be fooled.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Reference(m): 4:03pm On Jun 14
Mandate1:
why are they borrowing debts that are not sustainable? Tinubu removed subsidy yet had borrowed more than those that paid subsidy. Borrowing trillions to build a coastal road we do not need. All states in Nigeria are already connected by FG roads, why then do we need a coastal road?
Ask me, they will say it is hate.
Left the investment in electricity that will reduce cost of living and spur business to invest in a road that will help just a small fraction of citizens.

Had it been a private enterprise, fine. Had it even been a PPP so the cost can be spread out over decades, no. They want it now and are collecting hot cash for executing it. Who does that.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Shimmaa: 4:04pm On Jun 14
He should not forget to impose tax on the air we breath too
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Dancebreaker: 4:06pm On Jun 14
APCheat:
"The Washington-based institution, however, cautioned that the timing of any new taxes must take into account Nigeria’s rising poverty levels and worsening food insecurity" .

Look at the mad IMF. They are the ones saying kill them and at the same time saying watch it before you kill them
IMF only aims to deepen poverty in developing countries.

They should just stop the double-speak.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Ashalom: 4:10pm On Jun 14
IMF and Nigerian Government na 5&6. Right from Structural Adjustment they advised Babagida to devalue our previous Naira the economy has been on decline and dey will stop at nothing till all Nigerians are brought to their kneel. The suffering of Nigerian citizens is nothing to them. Look how weak our institutions have been it's clear they are clearly behind it.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by nairalanda1(m): 4:16pm On Jun 14
Mandate1:
why are they borrowing debts that are not sustainable?
Simple answer to this....we are a resource dependent nation, and the prices of whatever resource we sell are too low to fund our budget.

Also, tax to gdp ratio is low for a nation our size. It is even lower than the African average

Plus years of keeping subsides, and we still keep subsides on electricity....means that we keep running into debt as the cost rises

Result...borrowing.

The solution is...we improve tax revenue, we improve productivity (Obi suggested that in 2023) and we diversify our economy. It won't stop borrowing, but it would reduce it drastically.

(TInubu not doing the above or even setting us on the road to doing the above is why you should not vote for him).
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by israelmao(m): 4:16pm On Jun 14
As much as IMF continues to be a lender it will as well continue to advise on implementation of some economic measures in order to recover it's debt from Nigerian government.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by oloriokonbowa: 4:18pm On Jun 14
The plan of imf is to make citizens of Nigeria poor by introducing crazy taxes. It only takes a daft government to believe them
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by nairalanda1(m): 4:19pm On Jun 14
givedemwotowoto:
Fight corruption first. The economy is struggling, raising taxes will reduce the people's purchasing power and slow down the economy further, which could lead to more borrowing.

Before asking people to pay more, focus on reducing waste and blocking leakages. Fight corruption fiercely first.
Well, not raising taxes is why we cannot fund the deficit, meaning borrowing occurs, meaning more debt, meaning the purchasing power still gets hurt anyway, and the economy struggles more.

This has been happening for years. Decades. If not for our debt forgiveness in 2005, by now our debt would have been above 500 trillion naira or more, and we would have been poorer than we are now.

We can also fight corruption too at the same time, or are you going to tell me you voted for Buhari in 2015 ?

To pass on a quote from a certain online site...one can walk AND chew gum at the same time.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by Ofunaofu: 4:21pm On Jun 14
malakaimoscondo:
obi tax policy wil b death penalty if he wins
Obi's tax policy is death penalty?


Interesting. Nigerians don't need to imagine hypothetical suffering when they're already experiencing and living through the hell effects of current Tinubu policies.

Rather than saying, Obi's tax policy is death penalty, take your time to explain Obi's actual tax proposals and let people compare them with what they're living through today.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by kaywhy09(m): 4:25pm On Jun 14
Very biased poll!
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by donself9: 4:27pm On Jun 14
[quote author=nairalanda1 post=139714830]
Tinubu should listen to the IMF and do it, and if he doesn't , whoever is taking over should listen to the IMF and do it, alongside fighting corruption

I know people will abuse me, and will call me names for my opinion, so let me drop some facts.

Our budget this year is: 68 trillion naira

Actual revenue available to fund this budget is : 33 trillion naira
Its of no use insulting since you know how Naive you sound, we are talking about Revenue isnt it laughable that IMF + TInubu + Nairalanda want to force us to believe our only option to generate Revenue is Tax & VAT increment whereas we have many resources yet we are a " Under producing Nation" .. Turkeye dont have the resources Nigeria has

The question to Nairalanda .. Have we explore 70% of our resources ? Why are not looking into maximizing utilization of resources and industralization

World fact as it No nation can Tax itself to prosperity, So why is IMF presenting Tax as an option to Growth & development



People like to abuse me on this site and call me agbadoe, but if it was Peter Obi, or Atiku in charge, based on what I know, I would give them the same advice. We all shout that we want government to stop borrowing, but when it comes to measures to stop borrowing, we suddenly become allergic to good advice
Stop being delusional, maybe you need to check yourself, you aint making sense .....You are so fixated on budget deficit, 4geting the main reason our budget deficit is widen is cos of excessive loan interest we must
The problem is not your salary, if you are obsessed with loan sharks, no amount wil be enough expect you join kidnappers. Solution is cut down on loan 1st, 2nd step throw a national agenda that facilitate " productivity drive" .. Very crucial

Look at our oil production, we are not meeting opec quota, thats is revenue loss
The last time we hit 2m per barrel was under GEJ .. meaning we are not exploring enough


Tinubu is a bad leader, and I am not voting for him next year, by the way.


Nigeria has had this deficit problem for decades.
omg ! You keep hammering on deficit, buh have you bother to check rate of budget implementation in the last 20yrs and most of allocated fund end up looted .... With all that " More revenue won't change a thing where their is no accountability & transparency



And the 68 trillion naira is not enough for a nation of 230 million people. You can abuse me, but we are too big for the budget. And that budget is the money available before stealing and looting happens.
No amount of water taps connected will ever fill a basket .. You can try it



Either we start listening to the IMF and fighting corruption, as well as improving taxation, or else, even if we vote Obi tomorrow, as i hope we all do, or Atiku tomorrow, or even Sowore, I guarantee that our debt would be 800 trillion naira in eight years time.
look around, All the nations that are to economical better, which one followed IMF playbook
Is it Turkeye, china, indian or Dubai that IMF made them who the are today. Check all the countries following IMF like stooge they have one thing in common, under developed
i will say it again Taxation is not road path to sustainable growth n developed, over 63millio Nigerians are below poverty line ... What exactly do you wan Tax except compound hardship nd the ripple effect is more SMEs will fold up

Taxing a low productivity economic, stretched with hyper inflation and high umemployment will only will amount to know impact, what drives economic is "industralization/productivity " nd we have not explored that option even up to 50%
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by KonTagiousBull: 4:28pm On Jun 14
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by MakindeHassan: 4:29pm On Jun 14
Why doesn’t IMF ever recommend cut in Senators allowances and vehicle purchases as a way to fund infrastructure? Every few years we spend Trillions buying vehicles for political office holders, senators, HOR, state house of assembly in each state, ministers, commissioners, governors and other posts. If we step down their car allowance we can save trillions too.
Re: IMF Asks Tinubu To Impose Fuel, Telecom Taxes On Nigerians by nairalanda1(m): 4:29pm On Jun 14
Chucks13:
Fake New imagine saying IMF ordered Tinubu as if you are talking about Buhari who is illiterate and la k political understanding.

IMF will just order as what? Show me in the history of the world where IMF ever ordered any country, give me pls?

You cry cy babies think saying all these wil make u dump Tinubu ba? You ied infact we will rather pray Nigeria cas cemetery and gone mute than for your obi to rule Nigeria, una neva sabi anything.

An adage says "Pesin wey wan die jam.pesin wey go kill am" we will rather make Nigeria go off as 1 nation than for obi to rule Nigeria if you like run your lies to haven it won't change our resolute about standing with Tinubu..

Try other tricks this is not working. You have done everything up till 3 days ago shouting Tinubu must go yet has Tinubu gone, hell No. Did we stop supporting him? No, so we don't care about your feelings a bit.

Nbillions given to governors ever 3 months to secure their to relief the presure of insecurity from the Fed govt bit your governor looted it all.
On the other hand, if tinubu does not follow IMF advice now, the economy will continue to fall.

As for the money given to governors, that was enough to pay salaries on time. It isn't enough for anything else. Subsidy removal removed pressure on our already limited revenue. Or to put it this way, it improved available revenue, but it did not increase overall revenue.

Thats why governors are not doing much. They have gone from struggling to pay salaries, to just being able to afford to pay salaries on time. If the NLC decides to really go on strike to force an increase in salaries, whala go start. The high prices of oil and the knock on effect is not helping matters.

It does not matter who is president, if ya think that 68 trillion is enough for nigeria, you are in dreamland. That is why tinubu must listen to IMF, or our economy will be worsening

And don't tell me wait till second term. Una think say the potential successors go allow tinubu to do hard touch in second term that will harm their chances?

Seriously, APC is not facing reality, since 2015.
1 2 3 4 5 6 7 Reply

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