₦airaland Forum

Awoo88:
Maybe he did acknowledge maybe not. But Sanusi is still a fake economist. That bubu is clueless is in no doubt. Even his family member are aware of it.

Guy you dey vex no bi small.
Abeg make I go fin cool wota drink, heat wan finish me here.

sarrki:
Emir I think your blind support for kwankwaso is affecting your judgment.

So this is what u can come up with after all the obvious facts stated by Sanusi in which all the past n present administrations are guilty of. Mehn! Nigeria no get future with people like u who are ready to politicize everything. I have read the the story on the vanguard newspaper and the king was very neutral in his analysis. Bro, if people like you continue like this then nigeria is doomed.

izzou:
Sarrki

Drop your zombie reasoning for once and see wisdom in what Sanusi is saying

Abeg

Pls don't mention that guy again, he doesn't worth it

The number of wailers increasing by day yet some wretched e-dogs are still here supporting and defending failure.


I jus dey watch.

blaise26abj:
I made these points when the abuja- kaduna railway was being constructed. These chinese dudes encourage us to take loans at zero interest rates but everything about the project comes from their country. Let's assume 60 percent goes back to their industries in china and at the end of the project, nigeria still owes them the full amount they borrowed us.
Like the emir said, why not borrow in a sustainable way? Why not focus on projects that will better the lots of Nigerians economically? Why not make great roads from states like benue, jos and other agricultural communities to cities like lagos, portharcourt ,Kano and to the ports? Truly nigeria lacks vision less leaders

Are u saying Nigeria should abandon rail construction for road development......
Nigeria is the only emerging economy without a viable railway network system.......
That's why we move diesel from Lagos to Maiduguri with trucks........
Please let's be objective with our criticism....

sarrki:
Emir I think your blind support for kwankwaso is affecting your judgment.

why are you judging the emir based in what he said.... the man just said the fact and you are here typing what you don't...reread the analysis...

alrahmanonline:
Abeg o, make president buhari listen and hearken to the voice of wisdom o, because this same Man perfectly predicted our current economic crisis but Don fortunato paid him back by throwing him out of his government, not knowing what God put in stock for him... Though he talks too much at times but he predict economy better than all those prophets of....... Your guess is as good as mine

shut up ignoranamus.. Nigeria was on a decline cause u dnt read doesnt make the mad man a god. ote

kutchs:
Guy you dey vex no bi small.
Abeg make I go fin cool wota drink, heat wan finish me here.

Someone said that to be at the mercy of buffoon is the ultimate insult. Having bubu as a president is the worst kind of insult any reasonable Nigerian could face. To have fake intelligentsia like Sanusi have an opinion That is unbearable

sarrki:
Emir I think your blind support for kwankwaso is affecting your judgment.

His observation is spot on!!

Emir is very right.

amiablesystems:
shut up ignoranamus.. Nigeria was on a decline cause u dnt read doesnt make the mad man a god. ote

Mr Reader, na ignoramus not that shit you typed there, besides where you come from sef wey you no get rope for neck? In Osho baba voice Go and die!

Jay542:
It is not about kwankwaso really. He made valid points and PMB should see to it.

My problem is he shouldn't just highlight the problems but also profer solutions...

My own problem is that even when the solutions is profered, Buhari wouldn't see reasons to listen still!!!!!

Lol. Savage from SLS. Investmemt which has no bearing on growth of real sector of the economy is pointless, politicians continue to let things play out this way because they want a short term project you can credit them for. You see, even foreign direct investment SLS claim would help is also pointless, it has to be investments in homegrown technology.Which begs the question: Do we have the manpower to catalyse such growth? The answer is no. So, we need to set long-term goals of manpower development, there's a working template we could follow, the Singapore or Taiwan story comes to mind.

Bridges, light rails and roads are depreciating assets and their contribution to real economy are minimal, good for buy and sell economy or artisan economy, and to be the giant of Africa, we need a little more than that. Investment in people ( especially people in science and tech) on the other hand, will create values that can only appreciate over time because one techie can teach his skill sets to 100 people over his lifetime, and the cycle goes on. It is however an investment route with no immediate visible gains, and knowing how impatient Nigerians could be, it is understandable why no government is bold enough to go this route.

See the resources below if you're interested in this subject.

1)The Singapore Story: Memoirs of Lee Kuan Yew
2) Resources from www.profogbimi.com

Edit:

After giving this much tought, I'd say the challenges transcends impatience of Nigerians. Lender banks and countries or the Bretton Woods system indirectly dictates our economic policies because they wouldnt accept to grant us loans if it isn't for capital investments that would require their engineers and materials.

alrahmanonline:
Mr Reader, na ignoramus not that shit you typed there, besides where you come from sef wey you no get rope for neck? In Osho baba voice Go and die!

As foolish as the foolish emir.. ode

sarrki:
Emir I think your blind support for kwankwaso is affecting your judgment.

This is a very daft comment, i am not sorry to say!
A lot of fu...cking dunderheads are roaming about various social media platforms, we need to solve that menace fast!!

SIRTee15:
Are u saying Nigeria should abandon rail construction for road development......
Nigeria is the only emerging economy without a viable railway network system.......
That's why we move diesel from Lagos to Maiduguri with trucks........
Please let's be objective with our criticism....

bros do u know d meaning of light rail?

phyllosilicate:
The Emir made some sense.

the sense de make me vex.
What a useless sense is this

1stdammy:
My own problem is that even when the solutions is profered, Buhari wouldn't see reasons to listen still!!!!!

Let them suggest first. They are doing the same thing over and over again. I taya for our leaders.

Wow, i never saw this budget like this.. Indeed he knows his books.. Emir Sanusi i like it when you speak

SIRTee15:
Are u saying Nigeria should abandon rail construction for road development......
Nigeria is the only emerging economy without a viable railway network system.......
That's why we move diesel from Lagos to Maiduguri with trucks........
Please let's be objective with our criticism....

Nowhere in my post did I say we should abandon railway projects for road projects. I said we shld embark on projects that are economically viable.
Why not link Aba with Lagos by train or by good roads? Of what importance is Abuja economically except that it is the capital. The roads here in abuja are more than sufficient for its population. We shld focus on linking all our commercial hubs together with good means of transportation.

everyone thinks they can run the country better until they get there & begin to do the same things they condemned in others.

SLS has raised valid points, but Nigeria presently does not have the technology to advance strategically & independently hence our dependence on more developed nations.

as such, the short-medium term strategy would be still depend on other nations with advanced technology while ensuring there is a proper transfer & localisation of the technology within 5-20 years.

furthermore, government should stop wholesale training of Nigerian scholars abroad for every tom, dick & harry discipline but should concentrate on scholars going for technologically advanced courses with practical applications in Nigeria....

These calibre of people are the river-flowing-economist, they prefer facts to fallacy. HRH sir

“China will lend you $1.8bn to build light rail. This light rail will be done by the rail workers from China. The trains will come from China. The engines will come from China. The labour comes from China. The driver is Chinese.

“At the end of the day, what do you benefit from it? Your citizen will ride on a train and when you ride on a train, in northern Nigeria, in a state like Kano or Katsina, where are you going to? You are not going to an industrial estate to work. You are not going to school? You are not going to the farm. You borrow money from China to invest in trains so that your citizens can ride on them and go for weddings and naming ceremonies



He finished saying everything here

na wao

You borrow money from China to invest in trains so that your citizens can ride on them and go for weddings and naming ceremonies.”


hahahaha i cannot stop laughing at this. infact i am gonna laugh my stomach out now.

sarrki:
It's part of its responsibility to make sure the money was remmited

He kept quiet till the money was gone

he's not IRS chairman or finance minister na

TonyeBarcanista:
I have said it repeatedly that the Buhari government is not interested in the interest of the Nigerian people. I've not seen details of the blueprint but from the statement of the monarch, I can't help but sympathize with Nigerians on the mistake called Buhari and APC

don worry
PDP loading.
you ppl like suffer abi

theSpark:
Sanusi is right on the railway something. If the railway doesn't help our industrialization it's not needed.

The FG should focus on reviving Ajoakuta and doing a North - South /East - West rail line that will transport heavy goods cheap. Light rails should be for state governments as it is basically an urban issue.

railways will save our roads from trailers.

What other solutions fo u want him to proffer?
Let me enlighten u on his points:

Dont borrow from china.

Lets change our infrastructure models by building rails that lead to economic poles.

Let there be a transfer of technology from chinese to nigerians by forcing the chinese to use naija manpower and rail pilots.

We should stop unsustainable borrowings and chanel such to the right sectors of economy.

Governors should stop their jamborees to china as itd of no consequenceas they sign stupid mou

Jay542:
It is not about kwankwaso really. He made valid points and PMB should see to it.

What other solutions do u want??

My problem is he shouldn't just highlight the problems but also profer solutions...

sorepco:
What other solutions fo u want him to proffer?
Let me enlighten u on his points:

Dont borrow from china.

Lets change our infrastructure models by building rails that lead to economic poles.

Let there be a transfer of technology from chinese to nigerians by forcing the chinese to use naija manpower and rail pilots.

We should stop unsustainable borrowings and chanel such to the right sectors of economy.

Governors should stop their jamborees to china as itd of no consequenceas they sign stupid mou

They shouldn't borrow? They should build rail? How will dey get the money to build it abeg
That's the solution he should proffer guy.