₦airaland Forum

GloriousGbola:
inevitable

people have been using personal account for business and thereby dodging vat etal

this is closing the loophole

Are you sure you even understand what VAT is ? Wetin concern VAT and wetin pass through person account

Another playbook aimed bat extortion, if not what's the relationship with inflow and tax authorities , money flowing through accounts have nothing to with with tax as they might just be turnover

This man wants to destroy the small stability of the again just because he needs money to run for governor, Nigerian tariffs is already more expensive than many American States despite us earning 1000 less than them ..Tinubu should call this extortionist to order , let him resign and go face his gubernatorial ambition

JuanDeDios:
I'll explain how afternoon follows morning first. After morning comes afternoon. Then evening.

Similarly, a stable naira will reduce inflation, especially in the long and medium term. This will improve people's purchasing power, meaning they will buy more cement from Dangote and spaghetti from FMN. These companies will employ more people due to increasing demands for their product and better being able to source what they need. A stable naira also makes it easier to plan your operations and source dollars to import industrial machinery and raw materials. Further, reduced inflation makes it easier for Mutiu to set up a barbing saloon and for Njideka, an unemployed graduate, to set up a rice processing plant.

The only place Naira stability works is in the area of long term planning and investment, I don't see how it can improve disposable income in any way , to increase disposable income the govt will have to either cut tax rates or some undue tariffs ... I raised 200 million Naira in 2023 for a project the attendant devaluation took so much away from the money as we failed to convert it to dollars and till now we are still paying the price for that , so you should know how much i know the importance of Naira stability

Cutezt:
Everything in the country is not working. The drivers license I applied for since February, it was Friday last week they called me for my CBT, I took the entire day off to go there at obalende, inside the rain that had been falling since the previous day, and encountered terrible traffic on Lekki-Epe express, my car was even bashed by one guy behind me, I sha arrived early and was asked to wait. I waited from 10am till 4pm only for them to say the portal is not going through and they are about closing, I was pissed, I literally canceled all my plans for that day for this, plus, using over 15k for fuel as I was coming from quite a distance. I decided not to waste the day and just go to oyingbo to do a few things in my car, only for me to be stopped by police on the road, I gave them my documents, everything was complete, except the license.

I explained to them but these men no gree hear o, they asked me to buy 10 liters of fuel for them, I no gree o, after we drag and drag, dem sha gree for 3 liters.

The police man was foolish enough to call his personal UBA account number for me to send the money, if ntt because na nice man, shey no be to put am for trouble now now?

What a country, everything just get as e be for this country

Let's see if the Tinubu govt will allow him to , they have been the greatest obstacle

JuanDeDios:
It will reflect. Stable naira rates are good for businesses, which should help reduce unemployment. It will help inflation, which is the biggest issue in microeconomics (the economics of everyday lives of citizens).

Explain how it will help reduced unemployment ? Explain

CoronaVirusPro:
Now I see why Trump has been pained.

I knew the sudden visa restrictions and threats was not just about BRICS. A big win if we can COMPLETELY decouple from the USD.

If you getting US hate, then you definitely doing something right.

Thanks to the administration of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

Doers don’t make noise. Trump can keep bluffing.

Read what you wrote again and see if it makes anys sense , how are you decoupling from dollar? The Trump govt made it clear that the Visa duration was reduced in reciprocation, meaning Yiu govt gives Americans only 3 months tourist visa and expects Americans to give them 6 months ..it's has nothing bto do with dead BRICs

porthouse7:
It will go further down, maybe down to 500 before December

That's Technically not possible at all all alllal

Tinubu govt keeps pretending they have one measure in place while in reality they have nothing, the subsidy removal is a selfish act carried out in bad faith against the Nigerian economy , with his economic score sheet of two years you can be rest assured that even in 15 years Tinubu govt doesn't have what it takes to grow an economy, they can only shrink it further

Seun time to start monetizing those with 1m likes ..their contributions here can't be understated

callthefred:
Just yesterday ECOWAS bank, an investment bank approved $100m funding for the road. There have also been many before now. FG only paid a fraction of what it would even eventually pay. Yes 30km is commissioned and completed but work is ongoing in almost 100km. Calabar and Uyo axis are also progressing well. You'll first be ready to be objective and not be angry as positive news like normal obidients way to even get me to debate with you.

The 100millionnis a loan to Nigeria not any private company ,it's Nigerians that will pay it. ,and beside s 100million dollar is less that 0.1 percent of the 15 billion dollars the road requires

aribisala0:
What is the source for this claim of 1.6 trillion?

Have you got evidence? Why not start by daring yourself to produce evidence for this bizarre and ridiculous lie

Feb 2024 the FEC approved 1 trillion naira for section one construction of the Coastal road

A month later punch reports 1.6 trillion approved for section 2 of the same road

aribisala0:
How did the economy lose 200 billion dollars?

And assuming it is true that it did
Why should fuel subsidy removal be responsible for that

You are being emotional

Try to be more logical and analytic

The claim of loss of 200 billion is from which source

Tinubu inherited a GDP of 380bn Dollars from Buhari after one bad policy to another it's now 180bn dollars , is that not a 200bn dollar loss?

callthefred:
Very unfortunate that the obidients gang either don't know governance or just plain dumb like their masters. It's a fact that all states are on double of their allocation and even Abia is on triple. No states are borrowing again only FG has been borrowing, FX backlog now cleared and financial ratings improved. Even the coastal road that makes the mob sad and angry is a PPP and not fully funded by govt alone. The bitterness of the mob never makes them see anything good. They are so pained. Not to say BAT is perfect but I rate him 50%. He is bold to take a policies that will save the country from ruins. The mob can go to hell

Coastal road is not PPP , 1.6 trillion was released for the first phase and the ended up doing less than 16kms of road ..I dare you to show me how much the private sector brought to the project

jamafa:
It's not during his time we lost 200Billion dollars. Go and do your research.
Stop DX hatred abegggggi

He inherited a GDP of 380bn dollars from Buhari today it's 180bn dollars, is that not a 200bn dollar loss?

Datti has always been a Tinubu plant ...why can't he tell us what VP did ?

The economy lost 200 billion dollars to save 2.5bn dollars..Yiu can see why I say most African leaders are myopic in every thing dey do ..

This man abrupt poorly planned subsidy removal has cost the entire GDP over 200bn dollars in losses, millions of jobs lots , massive inflation , many deaths only for him to say he has saved just a paltry 2.5billion dollars in 2 years .. the is the most pennywise pound foolish situation ever

Every politically sagacity has expiry date , his political sagacity has expired !!!!

The story of alll divorcees , they leave because their man cheated and end up cheating with another guy who then dumps them

You can never use proceed of Fraud to sustain any business, it can never work ..

Morris Monye is a Tinubu plant , he is already benefiting from Tinubu , made so much money from the Obidient 5th column

You must be removed , you must be removed , you must be removed

If these are true the Tinubu dey try for debt payment but his greed to selfishly increase petrol price is his undoing

Instead of giving the Hungry man the groundnut oil they would rather waste it trying to kill him instead

Hahahahahaha people are supposed to believe this snake called Ogundamisi?

Al-Ahli will spare no expense in getting messi if they can

You people underestimate how much these politicians stash

proeast:
People with your primitive mindset is the reason why Nigeria has remained backwards. Your type will see a man who stole food to eat & use 2by2 on him but you'll see politicians stealing billions and hail them.

In saner countries, politicians enter bus with citizens, they obey traffic, some ride bicycle like ordinary citizens but you see politicians in Nigeria like tin gods. Even if he is at risk, aren't other Nigerians at risk daily too? Is the life of common people not same as that of politicians?

SMH!

You are operating from a place of ignorance when it comes close quarter security

Just look at how omonile animas downed a gallant engineer wh was only doing his job

Lezzlie:
since when, have we as a nation, so fallen in standard and expectations?

Our Former NFA chairman is now an aid to CAF president and this is something of national importance?

Nigeria , I weep

So you cant see the man is on his way to being CAF president...this is the easiest route