A Lifeless President And A Lifeless Economy. - Politics - Nairaland
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| A Lifeless President And A Lifeless Economy. by desmond2pk(op): 8:10am On Aug 28, 2018 |
As a concerned citizen, I was shocked when I read yesterday what president trump called our president " a lifeless " person. A lot has been said since yesterday and a rejoinder has been released by the government. But there is more to it. Before 2015, I made a little profit in my business, which made me to get a shop in the ever business legali ayorinde, Victoria island, the business capital of Lagos and Nigeria as a whole. I started January 2015, a few months before the presidential election. Business was good. I had a lot Of clients and customers from banks and companies. As a small business, we were paying our monthly service charge of N35,000 and paying a sale's rep and taking care of others who were not on salary. After the election, suddenly, things started falling apart. The bank customers stopped coming. Other companies stopped coming. I couldn't pay my staff. It became hard to pay monthly service charge. As the year progressed, business decreased. A lot of people in the plaza started moving out. I was hanging on. But by the end of the year, I couldn't renew my rent. I didn't want to gamble it. I closed business in Victoria island. This is 2018. This month, I had to print a six months statement of my account to submit to an embassy. I am not trying to run away though, a lot of people I know, who were doing well have relocated either to Canada or they went to U.S. with their families and never returned. But What I noticed in my bank statement increased my distress. In 6 months, I had a credit of more than 17 million naira from my business. At the same time, a debit of 17 million naira plus. Now, the difference between my opening balance closing balance is 40,000 naira, despite the 17 million naira that came in and went out. We have 4 more months to the end of the year. Going by what happened the last 6 months, I will likely make a profit of about 25,000 after about 10 'million naira credits and debits in my account. Mind you, I stay in a 3 bedroom apartment and I have a family of 4, with 3 extended family members living with me. And school fees is by the corner. Now, it made it think about our lifeless president. I remember the noise and hype the U.S. trip generated. We didn't hear of any business our president brought home from United States of America. But we heard about the whopping amount which senate did Not approve that was paid to the American government. Nigeria economy is lifeless. As lifeless as our president. Lagos is no longer what it used to be. A lot of businesses have closed and a lot is closing. Just drive around town by business hours. Everywhere seems like we are on holiday. The ever busy roads are now dried. No more company branded vehicles like it used to be. Small businesses have been killed. The middle class have been chased away. The only thing going on is politics and the fight therein. |
| Re: A Lifeless President And A Lifeless Economy. by blackpanda: 8:20am On Aug 28, 2018 |
Eyah sorry ehn I know that in your situation u will feel frustrated. But this story is not peculiar to you. Nigeria is just coming out of recession so obviously there have been hardships. That doesn't mean there has not been gains as well. Buhari cannot do magic, the much needed developments is slowly taking shape. There is no special button to press to make u rich again OK. U were rich because your nice customers (banks) were also rich from loot, corruption and greed. U will have to wait out the storm. Ok NB abusing the president serves no purpose. Same thing with succumbing to anger and frustration. |
| Re: A Lifeless President And A Lifeless Economy. by yazach: 8:37am On Aug 28, 2018 |
desmond2pk:You no finish am A LIFELESS OP ALSO
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