Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth (1866 Views)
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by Nobody: 9:30pm On Apr 13, 2019*. Modified: 10:14pm On Apr 13, 2019 |
StaffofOrayan:This is pure revisionism and straight up false history. You are arguing in bad faith. If you have any evidence backing your claim, I'd like to see it. Colonialism is more about convincing people......?? Dude are you for reals!!! Please don't mention me with some cooked up falsehood if you don't have facts in hand. Operation legacy by Britain is largely successful and you are helping contribute to the misinformation it seeks to spread. Don't be ignorant https://www.tandfonline.com/doi/full/10.1080/03086534.2017.1294256?scroll=top&needAccess=true& 1 Like 1 Share |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by StaffofOrayan(m): 11:39pm On Apr 13, 2019 |
You are right China is here to save Africa from Europe Nothing to see here jayfolarin: |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by budaatum: 12:22am On Apr 14, 2019 |
The IMF is not coming to Nigeria with viable macroeconomic policies to increase domestic productivity and thus, enhance the capacity of Nigerians and their businesses to pay tax. It’s not enough to just sloganeer that a people that pay tax get to own their government; they must first make the money. In her many interferences into the economy of Nigeria, Madam Lagarde never offered whatever the IMF could do to help revive Nigeria’s moribund real sector. The service sectors, like telecommunications, where the West has profitable investments, are doing just okay anyway. Despite admitting, just two weeks ago, that Greece that took the title of ‘Sick Man of Europe’ from Portugal and that it remains a country confronted by “elevated vulnerabilities and weak payment discipline,” the IMF merely recommended that Greece should find ways to “help employers more easily adjust to changing market conditions… and lower tax rates, (while) still boost revenue!” The same IMF is now making fiscal interventions to increase the tax burden of Nigerians, yet it famously fails to give macroeconomic suggestions to halt Nigeria’s compulsive importation of consumer goods. Obviously what is good for the Western Greek goose is not good for the South’s Nigerian gander. With friends like the IMF, Nigeria will have no further need for enemies. It looks like the IMF wants to permanently sink Nigeria into the Misery Index compiled by Johns Hopkins University’s Steve Hanke, who rates Nigerians the sixth most miserable people in the world Another hoax by IMF 1 Like |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by Nobody: 12:26am On Apr 14, 2019 |
StaffofOrayan:Again with the dishonesty. No where in any of my post did I make any claim to your sincerely absurd submission and I haven't found anything that points to china claiming to be saviours as well. Like I said earlier, when you are ready to have a genuine and honest discussion where everyone learns, you can hit me up. 1 Like 1 Share |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by budaatum: 1:15am On Apr 14, 2019 |
jayfolarin:Reminds metheThe colonised have now become like us, knowing good and evil. They must not be allowed to reach out their hand and take also from the tree of life and eat, and live forever.” So the Lord God banished them from the Garden of Eden to work the ground from which he had been taken. After he drove them out, he placed on the east side of the Garden of Eden cherubim and a flaming sword flashing back and forth to guard the way to the tree of life." Thanks |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by tenderfigure: 11:23am On Apr 14, 2019 |
jayfolarin:You need to read the book "the confessions on an economic hitman"....U go dey alrite. |
| Re: Excess Crude Acct: IMF Recants, Issues Clarification On Nigeria Sovereign Wealth by Nobody: 12:22pm On Apr 14, 2019 |
tenderfigure:Thanks for the advice. Correct me if I'm wrong, but here is the summary I could gather from wayyyy back when I read the book... The US is engaging in a modern form of slavery by using the World Bank and other international organizations to offer huge loans to developing nations for construction projects and oil production. On the surface this appears to be generous, but the money is only awarded to a country if it agrees to hire US construction firms, which ensures a select few people get rich. Furthermore, the loans are intentionally too big for any developing nation to repay and this debt burden virtually guarantees the developing nation will support the political interests of the United States indefinitely. Pray tell, indulge me how this negates any of the points I have raised thus far 1 Like 1 Share |
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