₦airaland Forum

Enddy50ty:
I love this.
Yesterday I read that the Chinese supermarket in Abuja that doesn’t allow Nigerians in was shut down, today I’m reading this.
That the Women affairs minister visits Lead international school after bullying video.
This is how government parastatals should react to news like this, let them know there’s a government in charge of this country.

I concur. Highly impressed. When gov do bad, we criticise. These prompt responses are highly commendable.

Nice 1 minister. No room for bullying in our institutions!! It’s a bastion of learning and human development.

As someone said, if you finish secondary school before 18, learn handiwork skills.

If you go university and graduate, you have handiwork skills with a degree. It’s a good combination to possess.

I would suggest the federal gov mandate technical skills for all students after secondary school. All students after secondary learn any technical skills of their choice from automotive engine repair, computer and phones repair, plumbing, advanced welding, carpentry, textile design, solar power technology, drones design and repair, aeroplane technician, leather tanning, to even agric.

After 12-18 months of technical school, you can then go to university. We need to replicate what the Germans do.

Let’s turn Nigeria to a manufacturing hub. We can replace China. All goods that are too expensive to manufacture in the west, we manufacture it and start to export. We need to prep our youths with the right skills.

AqualinaXYZ:
80% of that money shared is from south south oil





The rest 20% is Igbos businesses revenue in Lagos

If the revenues are mostly generated by a specific tribe, that means using your logic, south eastern states should generate the most, because they are concentrated the most there?

Massiveglory:
Why is tinubu begging for support?
You grab the presidency, you ran with it. Yet you going up and down begging for support.

This shows the degree of cluelessness.
If you had the capacity to make things work, you dont need to beg or bully People for support.
You grab presidency only to be actively digging the grave of the nation while spreadinv lies and propagandas.
My question is What exactly was your reason to grab the presidency?

We thought buhari was the worst Nigeria could have. Alas buhari is issac newton when compared to tinubu.

Tinubu is systematic and monumental failure.

He didn’t grab the presidency. You can’t get it in your thick skull that he has huge supporters. Just because they are not loud and vicious online and twitter doesn’t mean they didn’t vote for him.

Always respect the silent majority.

AndroBlaze:
Take your time and read the information people have provided.

He is not trying to encourage people to take loans. People taking loans increases the money supply and CBN under him have stated countless times that their is too much money in circulation (not necessarily because there were too many loans given out, but because he claims Emefiele was just printing money anyhow and spending it). Basic monetary economics says when money supply increases irrationally, prices go up as the money loses its worth, and that is what he is trying to stop. He is trying to control the supply of money (take money out of the system) and thats what practically all the policies he has unleashed (raising lending rates, increasing Treasury and Bond yields and now curbing commercial banks ability to lend by reducing LDR) are aimed at.

Its textbook economics, but could still fail if it turns out to be an overkill

Won’t be an overkill. Inflation rate is too high, thus, affecting depreciation of Naira. Businesses that need liquidity would be forced to lower prices of their goods or services.

If businesses have favourable loan rate, they won’t be incentivised to reduce prices, keeping inflation high or sticky.

There are various power distribution companies across the world with proven track record that would be willing to take over some of the Discos in Nigeria.

There is liquidity due to hike in prices, so it should be attractive to competent foreign companies. Minister should look to attracting foreign companies to take over.

It’s madness to blame technical glitches for delivering 20 hours of power. Don’t sanction them, just get rid of them if they keep failing and give the licences to foreign Discos.

So shameful it has to come to this level!

Feels like some people can’t be responsible adults anymore. Parents are failing kids by raising them poorly, and making them spend so much time on social media and screens.

You find socially deficient young adults that can’t positively relate with opposite sex. You also find some cultures that deliberately separate sexes, and when these cultures come to the west, they find it hard to assimilate.

The reason subsidy has to go is because government care about poor people. Rich people already have alternatives and they get the bulk of the meagre electricity already being generated. Rich people already have generators.

Once production goes up, you pretty much want many Nigerians in band A because you want as many customers to sell to. Only way to help poor on minimum wage in the long run is increase power output by inducing competition in the sector.

Subsidy has to go for power to improve. Once the market has injection of cash, more players will come in, more competition and cheaper prices for all in the long run.

Transcorp energy just floated their stocks, they account for a combined 1200 MW approx. They are anticipating cash injection, and that would lead to more turbines purchased, more expansion.

Egbin power plant just announced that they about to add wind turbines to their plant, thus even increasing power output.

Mr Musa, what all new investment will do is make Gencos ramp up power production at sustained rate. Bills from Discos will reflect market cost, and new players will enter, bringing prices down for all in the near future.

Banks will also start lending to Gencos and Discos because they are now confident the market has been reformed for power operators to pay back.

More investment also means more job opportunities for youths, because power companies will need more technicians, engineers, etc.

The road looks beggarly!

Highly substandard!

They should begin to probe the gov of Kwara.

He looks determined to succeed.

It’s true that he is looking for ways to boost our revenue. The military is up on the heels of crude oil thieves, daily production is gradually going up, FIRs is standardising and increasing taxation, subsidy ( money gulper) is being phased out. All these are in place to boost revenue.

Infrastructure that will lead us out of poverty won’t come cheap! We need rail tracks, bigger airports, new dams, etc.. They cost huge sums.

Eng Umahi did say Nigeria would need roughly upwards of over $20 billion to build new roads across the country.

That figure can be realised if we boost revenue.

You don’t have to support him but should admit that he is doing the right thing and on the right track.

My only problem is that he needs a good communicator to enlighten Nigerians about these plans.

Soon, they will pay off!

Musauzor:
I was only interested in watching his fickle hands and wrists. I have this notion that this man is brainless.

You do have a father right? I’m sure your dad is smarter and an achiever?

Does your dad run a viable business?

This is a game changer if properly implemented.

Universities across the country will benefit and they are incentivise to improve their infrastructure.

I would give special rates to medical students; All medical courses from dentistry to pharmacy, microbiology, etc.

I would also give special loan rates to courses in science and tech.

1% of annual FIRs revenue is quite small. I would prefer 3%.

This is commendable and we should praise good work just as we too often to criticise bad work.


God bless this administration and continue to give them energy and motivation to succeed!

UHLmoving:
Tinubu is out to swindle Nigerians so his son could wear wristwatch of 2billion dollars:

Fuel price increased!

Diesel increased!

Food prices increased!

Electricity bill increased

Tax net widened!

VAT to be increased to 15%

And no tangible improvement.

What do you expect from a man who dealt with white chalk in the past

If you want services to improve, you need funds and once these funds start to trickle in, you will see improvement in services.

Highly impressive figure and I hope they even generate more.

We have to strengthen fiscal tax to generate taxes for our infrastructure and security.

We need big projects to fix; student loans, scholarships, roads, power grid, ports, railways, etc.

God bless PBAT.

God bless Nigeria

Adelabu is an accountant. This job is too challenging for him, and it’s a critical infrastructure that I think President Tinubu aims to get right.

I hope he is replaced by someone more competent with innovative mind and will deliver with minimal excuses.

Penguin2:
One thing that is certain is that head or tail, Lagos is going to benefit massively from Tinubu’s government before he’s booted out in 2027.

This road in particular is very strategic and a good project.

When completed, it will massively reduce traffic on Lekki-Epe Expressway which will save travel time on the axis to a great length.

I can’t wait to drive through Ahmadu Bello Way to Orchid Road to Okun Ajah to Shoprite Road in Sangotedo and more.

Anybody who stays on the Island will be very happy about this project.

I just hate it that Umahi is working so hard to lower my hatred for Tinubu and his government with his many stellar performances🤦

Can I ask why you hate the president?

UHLmoving:
Before the Civil War, the Igbo occupied most of the government offices because they had the number for the most educated. Then appointments into public offices was on merit, not the nepotism we see today.

Awolowo in a bid to catch up with the Igbo in education had to declare free education in the southwest.

Despite the several years of government-induced setbacks, the Igbo are topping the ranks again.

Surely the Igbo are undefeated.

Read 'There was a country" by Chinua Achebe

This was very true until that stupid one-sided coup.

Moral of the story; just because you dominate, never underestimate or 2nd guess your fellow compatriot. Be gracious and never show arrogance!

SalamRushdie:
The whole world is watching the Nigerian govt deliberately allowing a single tribe to arm to the teeth for the past 9 years ... When another Rwanda happens now the UN will start crying crocodile tears ...

What are the Fulanis arming so hard for ? It's definitely not to kidnap or fight cows , they want to overun Nigeria ..While men of other tribes are busy doing 9-5 and Uber these ones are arming

If other tribes doing 9-5 are united, these rag tags won’t last 30 mins in battle against them.

It’s the disunity of other tribes that give me sleepless night and not these people.

Welcome initiative because world class infrastructures aren’t cheap and are needed to lift Nigerians out of poverty.

Critical infrastructures the government should consider are as follows;

1) if our generating capacity is 12,000 Megawatt, Mambilla Dam coming on stream with a capacity of 6000 to 10,000 MW is a game changer. It’s a renewable source and environmentally efficient. It will push us to 25,000 MW of generation. With Solar and wind, we could aim for 30,000 MW.

2) Rail. What’s happening to Lagos to Calabar rail? We need to pump money into rail infrastructures to move people and freights. It’s, safe, fast and efficient. There would be less pressure on our federal roads and would require minimal cost to maintain them.

3) Airports and seaports. If we are serious about strengthening the naira, we need to modernise our seaports for exports.

4) Storage facilities for agricultural produce. Cold storage esp. We need them built across all states and closer to farms. This is a game changer because farmers can plan output, and prices of food will be less volatile. I can grow my pineapples, go to USA, come back during harvest, harvest, store my products, and determine which consignment goes to market. If farmers overproduce, no problem, they can be stored and exported. The storage facilities should be massive and linked to rail and roads for easy access to market and export. If cost of diesel goes up, no problem because some can be moved to markets or ports by rail.

5) Security.. I applaud the government on the ongoing recruitment exercise. We need more personnel. We also need to train them to higher standards than we used to. We should review current training methods and see how we can upgrade them to world standards. All our armed forces should have elite forces that our foreign partners can train in country or out of country. We need at least 2000 elite forces in the army, navy, airforce and police each. They would be tasked with high risk situations like hostage rescue, terrorism, fetch out cop/soldier killers, etc.

6) Forensics. World class forensics lab to extract DNA, track criminals and for toxicology reports. Fund university with the necessary infrastructure needed to train student. No need sending evidence to foreign labs for result when we can have our own in-house results.

7) Prisons. They need to big, modern and fit for purpose. The gov would actually make the jobs of police easier because they will arrest, and charge people to court quickly. They won’t be inundated with unnecessary distractions. Police cell houses will be free and less crowded. Also, mental institutions for people deemed unfit for trials should be built where they are treated and looked after by qualified staff.

6,100 megawatt is very much doable because total generating capacity is 12,000 megawatt.

The gov should pay all outstanding debts owned to GenCos and remove subsidy for good, so that the market thrive without inhibition.

They should strengthen TCN with robust infrastructures and privatise it.

Afterwards, government’s job will just be a regulatory body to ensure power is constant and billings are reflective.

The minister’s goal should be 12,000 MW in the next 18 months and by 2027, President Tinubu should campaign with 25,000 MW.

Even if fuel subsidy is taken off completely, no one would mind because electricity is constant. Constant uninterrupted electricity is the ultimate palliative, and not bag of rice!

You banish poverty and make your citizens productive.

Also, while transmission infrastructures are being installed, minister should ensure there is a special task force to guard the infrastructures.

Vandals should be swiftly apprehended and punished. Install sensors, CCTV etc to remote places. Also where possible, some of the cables should go underneath if cost effective.

Kwam 1 or whatever your name is, who cares? Better thank God you made it till 67, that’s celebratory enough.

Greedy man

Good news!

The NFF should replace him with someone with good attacking philosophy; Free flowing football, pace, passing combination and dynamism.

Preferably someone from the Spanish, Dutch or even the German league.

Jürgen Klinsmann Is out of work, Hansi Flick is a very good shout.

Regarding payment, if new coach is to be employed, they must be paid their annual agreed wage in full. No more owing!! It’s very unprofessional.

While the senator has been objective in his praise, it doesn’t mean the security agencies should rest on their laurels. In fact, they should even do much more because security is continuous.

The security agencies should see this positive appraisal as a sign that Nigerians will always appreciate their effort for a job well executed!!

Our intel officials should redouble their effort to apprehend suspects even before crimes are committed!

God bless Nigeria and Nigerians.

CodeTemplar:
Finally, they have given in to our textbook jargon experts. Let's see how the move goes.

Cc: grandstar, nairalanda1, omohayék, kukutente

It’s not txt book jargon to raise interest rate when inflation rate is high.

You want to attract savers!! Less money in circulation, making the value of naira gradually appreciating.

This is a welcome development.

CBN governor is working!

Firstly, he formalised BDCs, which they were mostly in support of, and can also get dollars officially from CBN…

They would still make profit without having to put strain on Naira because they won’t have any issue with supply of dollars.

Give Tinubu time and he will turn Nigeria around.

Welcome development!

I read Minister Umahi’s statement that a rail track would be built between the road? How practical is it, or is it solely to move freights?

Also, isn’t there an ongoing project already building a rail track from Lagos to Calabar?

Railway infrastructures are under-utilised in Nigeria, and we should harness its potential for both movement of people and goods.

Less pressure on the road, which would mean fewer road accidents, reduced police extortion on roads, and fewer road kidnapping.

It’s a ploy to recruit foreigners to fight in Ukraine. If you fall for it, you’re signing your death wish.

tonicyril:
Sentiment apart, please someone should enlighten me.

Why do we need BDC?

To me this is one of the problems we have as a nation

Imagine a bank ceo collecting dollars from central bank, refused to use it judicially but sell it to the BDC operators for higher gains and later he will be building university in marina island..

Having BDC in a capitalistic economy like ours isn’t an issue but it’s wise to regulate them like the CBN is doing.

They should function like proper exchange rate companies like we see in the west, and should have offices and standardised outlets.

This would mean that no ordinary person without licenses can trade currencies. It’s a welcome initiative.

Dobodobo04:
The CBN governor succinctly explained himself well during the interview that CBN had external auditors to look at those claims and found a few of them to be bogus.

He stated that money owned will be released to genuine claimants, which is the right approach.



If we can’t run our affairs well and signal to the rest of the world that we intend to do things rightly, foreign investment won’t come into the country.

Exactly and if any claimant has been unfairly treated, take it up with CBN or court.

Do you want CBN to be paying claimants without proof? This is why fraud is prevalent in Nigeria. What stops me from also claiming?

Even if there is still partial subsidy, removing it completely as advised by IMF is unwise because there isn’t a viable substitute.

Let’s say electricity is constant, Nigerians can easily switch to electric vehicles and won’t rely on diesel/petrol powered generators for power.

IMF really want Nigerians to bite Tinubu.

Sack him and replace him with a top manager that understands our style of football. We have to be quick because we can’t afford to miss out of the World Cup.

He is too negative. We can’t string passes together, no creativity, no pace nor possessive football, no cutting edge, just dull to watch.

With our natural athleticism, he couldn’t utilise it. His selection and tactics were quite poor.

We should get a Dutch, Spanish or even German coach with big pedigree.

Jurgen Klopp is a good shout or even his assistance coach if we could pay him.. Assistant coaches of top coaches are also good shouts and affordable.

We should also allow any future coach to bring their backroom staff to enable smooth training.