Reference's Posts
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And who is going to pay for all that. I just don't understand what is wrong with us. We just carry on as spending responsibly as if the economy is sound. The cost of governance is choking the life blood out of this country and we don't need more government which are just cost centres and in most cases cash pits. Does the Navy earn anything that it can spend to build a new base. No. So they should think out of the box to cover the security needs in that sector pending a time when government is bouyant enough to expand. We must balance our books. The Naval Chief just has to accept that his tenure coincides with a trying period in Nigeria's economic sojourn and he will not get his hands on the treasury for his pet projects. It cannot be business as usual. Nigeria should be spending it's bottom naira on investments that will cut our imports and dependence on the dollar or/and investments that will expand our forex earnings. Nothing.else is critical. |
Xandelle:Who ordered for the school to be built in the first place. In saner societies a project like this will be the product of citizen advocacy not necessarily the pet project of any leader. The people get a school after a long time of campaigns to government out of serious necessity so they are part of the development. It belongs to them. They know what the school will look like at completion because they are part of the planning. They know when the project will be completed because they are part of the budgeting and financing. They know who the Contractors are so they can help to troubleshoot any challenges. And because they are informed and empowered by democracy the project will get completed and become functional despite any changes in leadership or government. For governments come and go but the common denominator is the people. The people who democracy is made for. So any government or leader coming in knows all about the project, it's importance and will have no option than to complete it. That is how democracy is made to work for the good of a people. But here in Nigeria the people have not invested in knowing how they are governed or empowered themselves with the knowledge that makes for taking control of their destiny, of their lives. This is the result. Instead of becoming the bosses of their future they prefer the idolatry that feeds on deep seated feudalism so the man they worship does not care to serve them out of disdain. Nigerians are not respected by the people they vote into power. |
There should be laws to delay or curtail this kind of thing. I will look closely as to how other countries work. |
Indeed. And it is easy. Good governance can start with a policy of youth engagement which then transforms to youth employment when a critical mass of economic activity is reached. And there is an abundance of potentials for engagement through the 3 basic bricks and mortar sectors of agriculture, extractive industry and engineering and construction, all mass employers of labour. All it takes is for the government to establish joint venture enterprises with cooperatives comprising productive cells and act in agency between the enterprises and the country as the clients/customers. No Nigerian will then be without work and a fair income. |
festacman:Second term.....? I just laugh. |
pfadom:The citizens are to blame. A working democracy is like a restaurant visit. The government is the restauranteur and you the citizen is the customer/patron. You order what you want/need and then pay for the resulting service/product. So the office of the citizen is a serious one. For there to be business the restaurant must have what the patron wants and the patron must have money to pay for the chow. So contrary to what we popularly think. We the citizens own the resources, we the citizens know when we are hungry and we the citizens know what we prefer to eat. Almost everything about democracy is about the customer citizen. The only thing a government does in a democracy is to prepare and serve the meal. So how it relates to the abandoned school is clear. Who was hungry for a new school bullding, who paid for it (a meal that was not served) and how come the meal was abandoned half done in the kitchen. And now that it has been abandoned, is there still hunger....for the school project. Can we see just how dysfunctional our kind of democratic governance is. Hunger swimming in the pool of waste. The problem being that the average Nigerian cannot picture his true position as a victim of his inability to take charge. |
SemperFid:And what the government should know is that lots of jobs will be lost by then, lots of businesses will be lost by then. And what the citizens should know is that job creation is not easy, not instataneous. It takes several years of economic confidence for the bulk of lost production to be restored. It flows out, but trickles back. And that is why governments round the world fight inflation with all might. Fire prevention is a lot, a lot easier than fire fighting. |
pocom35:That is the truth. We have to get serious in this country and start directing government along the lines of proper development because government as an entity just does not know what makes for development. Abuja is my location. So I know what goes on. As we speak billions of naira are beng spent on all manner of 'contracts' provide this and that, build this and that to all sorts of contracting firms. And when you look at most of these projects you just cannot relate them with anything important to the economy or development of this country. Nothing that guarantees a return tomorrow, nothing that creates jobs, nothing that promotes enterprise, nothing that stimulates industry. But huge amounts just (in my opinion) fritted away at a time when just one or two sectors require full and immediate, life saving attention and intervention. Interventions that will make a difference to the economy, energy and foreign exchange. Particularly when they relate symbiotically. And I have often said it. If the government recognizes a problem why can't it simply act with all it's will and resources to tackle it. No other infrastructure is important for now. No other projects should be undertaken. Why can't all hands be on deck to sort out the critical issues FIRST. |
pocom35:When you folks claim success in infrastructure of the last administration, exactly what do you mean. My own idea of infrastructure is the investment in the tools of productivity a country undertakes to either hedge against hard times ahead and ensure the passage through future economic woes is beningn. Investment in infrastructure is to expand income so that prosperity is guaranteed or an investment in infrastructure is simply tooling for a recovery. Breaking down for most uneducated Nigerians to know. Here are examples. A farmer knows the dry season is coming and he wants to plant through the hard times to come so he invests in a water providing borehole. Or. A taxi driver knows the margins he is getting will be diminsihed with rising fuel prices so he invests in another cab, or converting his car to alternate fuels, etc. Or a man out of job takes a soft loan to learn another trade so he can get back into employment. The borehole, the new taxi, the new trade is his INFRASTRUCTURE. The process of which is planned, deliberate and the targets of progress are clear. It will save, promote, expand the fortunes of the fellows investing. Now ask yourself again, exactly what the past government invested in. What infrastructure it has built and what benefit it accrues to Nigeria(ns), particularly now that the products of such infrastructure investment are in dire need. It will be immediately clear to you that whatever sums were spent were mistaken and wasted. The one investment that Nigerians were crying day and night for. The one investment that will have made a difference today, the one investment that will have helped curtail inflation and the cost of living crises, the investment in the infrastructure of refining crude oil to extract energy was largely ignored PROVING that the government of Mr. Buhari failed completely in understanding what the challenges were and thus was unfit to govern this country. So when you folks yakk about infrastructure please be informed. A man who has no borehole on his farm has no business painting the farm gate. A taxi driver who has no sight, no vision of investment to cut out the effects of rising fuel prices has no business purchasing incar entertainment. A man who has just lost his job has no business changing his home furniture. The way folks shouted 'infrastructure' yesterday is the same way they are mistakenly defining another trending word, 'technocrat'. As an aspiring office holder with a school certificate. I just laugh. Ignorant people. |
Angelfrost:Let the guy go. There are many who crave attention so badly they are prepared to run naked in the market square of opinions. I always consider coarse arguments on social media next to the kind of madness a man displays when fighting himself before a mirror. I seldom reply such folks. Simply cannot dignify retards with any form of banter. |
The Prem gives no free lunches. Bang, Haaland, two. |
City shaky these past few minutes. A naive Burnley should have made at least one slip up count. Kompany has his work cut out. The Prem gives no free lunches. |
Suspect33:Their squad is slightly smaller (lighter) than it was last season. Hopefully diminishing retums wil set in. |
Haaland already. Haba. This league should not be turned into the proverbial farmer's league. All hands must be on deck to ensure a new winner emerges by May 2024. |
Welcome back EPL and good to see Vic. in the Burnley dugout as gaffer. Leaps and bounds by the great man. |
HRMK:Naso. Unhygenic setup. I pass. Jumia should go for drones like it's contemporaries if it wants to make a statement. |
jmoore:Every country depends on remittances of FX for balance of payments. All foreign exchange a country earns is 'remitted' as long as that currency is not official legal tender in that country. It comes from either trade or investment abroad, nothing more. There is no other way to 'have it'. As such diaspora remittances can be considered as private sector foreign investments returning capital or profits or royalties. When a young man leaves the shores he leaves with naira changed to dollars as capital investment. He puts this money unto securing a job, vocation or business and after a while sends money back as remittances. It will be fair to the government if he got the dollars from the CBN in the first place. But if he did not then the CBN should not expect a return through their channels. If it expects to be only berth of fx inflows then it has to position itself as a real facilitator of diaspora trade, the only berth of fx outflows. It cannot have it's cake and eat it. It cannot be denying common citizens fx through their banks and expect the citizens to take their fx to the bank. |
CBN demanding the kind of transparency and probity it cannot provide itself. What irony. This is the problem with government. Always complaining about challenges it is part and parcel of creating. It claimed to have floated the naira yet it has no reasonable criteria for establishing the rate at which it presently trades foreign exchange. Setting an arbitrary figure and a rate outside reality that once again opens the door to corruption through round tripping. And it is this insincerity that weakens it's market share of the forex market. For even a toddler or novice in foreign exchange matters know that rates vary by the millisecond in a fully deregulated market and the extent of liquidity of any market relates to access, transparency and security all three of which the CBN has never offered. Their own foreign exchange is an instrument of corruption, provided only to their cronies and used as a political football. Who will put his hard earned dollars in a bottomless, dark pit where he will not be able to get it back at a reasonable rate if not at all, or ever. The CBN should distance itself from government meddling, clean up it's act, gain respect and trust and act in a true free market manner and it will gain prime market share of the fx market where it has played the underdog since the 80's. |
None of my business. Only hope it hurts the people more and more until their goose is cooked. |
Primitive people. Permits do they can vett creative arts and exclude what they do not like. As if we did not watch the whole 'Police Academy' series and.laugh at the gaffes of the NYPD all those years ago. |
Angelfrost:How did the people of France decide they wanted a Republic and ditched the monarchy of King Louis. Whereas the people of Britain decided to keep their monarchy but not as Sovereign. Two countries, different people, different outcomes. It is the people's will that ALWAYS prevails. And the direction they go and the place they will end up is dependent on their knowledge and values. |
Angelfrost:But where do these leaders come from. Are they not a chip off the block of nationals? Are they not rooted in the the soil of the citizenry where they uptake the nutrients to thrive according to their nature. Is there any ruler that has not had popular support throughout history no matter what the outcome came to be. In a democracy no one can become leader without massive support. The people who offer this are therefore culpable for whatever the outcome is at any point in time. In detail. People supported the way the economy was badly run under the former government. They supported the borrowings for non productive uses. They supported the retention of subsidies then and the removal now. Everything happening today had broad support. That is the only way it is possible. All leadership does is to aggregate the thoughts and wills of the people and that is what prevails everywhere in the world. The coupists in Niger know this and only struck when they had gauged enough popular discontent to act. That is why the critical mass of Nigeriens are not on the streets in outrage. Like their Nigerian counterparts and most of Africa they have not through a lack of knowledge, been able to forge a prosperous society. For the task of building society is not the exclusive responsibility of leadership. And wherever knowledge is lacking to do that emotions always prevail. The only way out is restructuring. The people must deliberately sit down amongst themselves to decide the BASIC values of their corporate existence and then forge a corporate vision. Only then will get be able to FIND the type of leader(s) that can deliver their criteria. Democracy is a demand driven, pushing venture not leadership pulling one. Leadership is neither the chicken nor the egg. |
Omoawoke:Oga. As a 'supporter' you have no one to blame but yourself. You have not sat down to relate your electoral actions with the experiences you are facing now and going forward. You have not said what made you retun a government that performed so badly over its tenure from 2015 to 2023 to power when you must have made a better choice of replacing a badly performing government in 2015, showing your choice then was not based on principle but sentiment. And having decided along a course of error you guys further exercebated it by appointing leaders now you cannot caution, cannot negotiate with and cannot threaten with the tools of democratic opposition. Meaning that you and me are stuck with a government that will run this country the way it likes and even when you clearly see a tragic accident coming you will be unable to do anything about it. So sorry. Na the bed wey una make. |
That means the season is done for them even before it starts. That guy guarantees them no less than 20 points per season by himself not to talk of knockout exploits in the CL. Anyway without a top 9 for the first time in a generation there was little hope anyway of achieving anything tangible on the field. |
In a nation of odd minded citizens where folks cannot relate their actions to their experiences they will still vote the failed ruling party back to power and shortly after begin to lament. |
Nigerians deserve everything. We created the country we live in. We voted the rulers we see. Enjoy them abeg. For suffering is good for the soul. |
Subsidy thieves, unknown. Oil thieves, unknown. Owners of impounded/destroyed vessels, unknown. Failed state. |
It is no longer dignifying to respond to things like these. Just sad. |
They can see what has happened to the former CBN boss who thought that he too was acting in 'national interest', whereas that has turned out to be in his own interest and those who gave him the order(s) have abandoned him to his fate while they are today above accountability. They should know that governments can change and their only guarantee of freedom is to align with the best wishes of the people of this country in obeying the rule of law and the rules of the game, aka the Constitution. But I trust that the black man CANNOT see tomorrow. That is why no lead in any institution of law and order ever ends honour and endures in peace. None. |
But whenever he was asked about this during the regime of his predecessor he never expressed reservations, concern or outright alarm at the reckless borrowings. He KNEW he was inheriting calamity and agreed. So what is my problem. |
That is just terrible. Already it takes almost a whole day to reach the United States on some scheduled flights because of wars in Sudan and Ukraine. Now this. |
And later today the third colonial master will complete the rout of their former servants after the Dutch bundled South Africa out and England ended the progress of Nigeria. |
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