₦airaland Forum

Slytiger:
A letter written by obidients to whitewash the messy situation they have found themselves in.

helinues:
You no get voice to sing for your own principal too and cash out

Perfectbeing:
"I will copy Egypt" Copy what?

First question. Do you have the money? Egypt has borrowed roughly $40bn on power alone. The El Dabaa Nuclear plant alone costs $29bn. It's financed by Russia. Their national grid upgrade project costs $8bn. Egypt's debt is $262bn, 91% of GDP.

Egypt has borrowed nearly Nigeria's total external debt of $45bn on power alone. Let's even assume that we have a president who is ready to take on huge debts. Who will lend you money within 2 years? Will the Senate even approve the loan? How will you pay back in a country whose citizens want you to keep fuel, FX, and electricity subsidies? They will also complain that the president is borrowing too much.

You think electricity drops from the sky? 🤡

helinues:
That lies have been flying around for some time whenever some people want to question why the dollar rate currently is above N1500.

The truth is, during the time of naira to dollar N150, it was subsidized dollar as the then president didn't want the rate to go unnecessary higher during his time, they kept subsidizing while Emefiele and his cronies were reselling to other countries. It even got to a time we were borrowing just to meet up with the fake N150 rate.

Buhari stopped the borrowing, even though there were still subsidizing, we started seeing N355 rate, as the subsidizing money was reducing, the rate continue going up

President Tinubu came, he said we are not going to subsidized the dollar again, let the real price show it's face and the market will take care of the rest.

Without borrowing, without subsidy, the real actual Dollar rate as from 2023 when president Tinubu took over was N1500. As at this time last year, Naira to dollar rate was around N1535. As at today's rate it's around N1560

Naira to dollar rate 2024 N1535
Naira to dollar rate 2025 N1560

Can we see the stability in the naira to dollar rate under this government?

Depriest2020:
There's something really going on in Anambra education system that other states are yet to figure out. I just checked about ukwulu and it's just an unknown small town in Anambra state.

St. John Vianney Science College must be owned by a church. The church has not received their kudos for the great works they have done in Anambra schools.

Sometimes I wonder what all these schools here in Abuja that charges millions for school fees does, while cheap schools in Anambra takes all the accolades.

helinues:
Stop living in the past. Reno went to the project site just yesterday to do a new video

helinues:
Rufai and the Obidients gang was adamant that the road completed so far is not up to 30km.

Reno went on the site to do live video just to dispute that.

Opposition is not madness

qtx:
You rush to go and put off cooking gas while cooking thinking NEPA has brought light to use the electric stove, abi? Wait, let NEPA give you the light till the end of your cooking. Na today we de see investors? Buhari bring tire; Where are dey today?

TimeManager:
When the President was traveling, opposition were saying all sorts, now the Amir of Qatar has sent his foreign minister to seal the deal. What an elderly sees sitting down, a child wouldn't see climbing an iroko tree. God bless Nigeria.


-Kiss the truth!

Kemetian:
China did not rise because of any gaddem death penalty for corruption.

China rose because China is more than the population of all Africa, with as much resources, and yet, is a single, centralised political entity with a single party dictatorship. With a single ethnic group, the Han, forming 90% of the population.

So what stood in their path? Nothing.

All they did was shut their borders to imports, and trade among themselves, building indigenous industries.

They were all riding bicycles to work as late as the 1980s due to a ban on imported cars which lasted decades.

Millions of dissidents were jailed or worse..

Dissent was brutally crushed.

Back then, no one in China believed the future of the country would be the current situation of economic explosion.

By the late 80s they began opening their economy to foreign investors. They had achieved sufficient industrialisation, enabling them to compete favourably with new entrants.

The rest is history.

Their harsh anti corruption stance is just the icing on the cake, not the real driver of change..

Plus in China there are always mumblings that those charged with corruption are rarely ever the top guys in the ruling party.

Nigerians are not prepared to go down the China route, trust me.

The day you end corruption in Nigeria, our problems will be solved

You can't see this in China, because people that are supposed to provide them with basic needs to study with will be scared of being executed, so they rather do the needful

DomPerignon:
There are people who voted in protest of another candidate.

Out of all 3 main contenders in the last election, Obi was the worst candidate by far who deployed his usual divisive politics which he had fine tuned as governor that pitched Catholics vs Protestants .

Obi that never regarded non Catholics and overlooked Protestants in appointments suddenly vegan hopping from one protestant gathering to another soliciting votes.

The fact that he desecrated church gatherings to push his fear p0rn brand of politics and turned the pulpit to his campaign ground is enough reason why I decided not to ever vote him.

The audio leaks of him trying to get a leading protestant figure to twist the then upcoming elections as a Christian vs Muslim battle for survival wherin he declared the elections as a religious war, ought to tell you how evil and despicable the charlatan Obi is.

God will continue to disgrace him until he seeks forgiveness for desecrating the holy gathering of the church.

Kemetian:
But we have already identified the issue and dealt with it, namely fuel subsidies and artificial exchange rate.

All that is required is to push forward with growing the economy.

Bede2u:
You're better than Bangladesh and Sri Lanka? Lol Nigerians don't even realise how poor they are

tunjijones:
75billion that was left in a bank that he has interest in.

Why didn't he invest that 75 billion in Anambra state instead of saving it. Saving it for what exactly.

JagabanBorgu:
He was caught with #250m, what about the ones he was not caught with?
If he was using the remaining one for developmental projects, why is Anambra not highly developed to even compare with a town in Europe talk more of a city?
This Iame excuses of trying to whitewash Lienus tho'.