₦airaland Forum

Clowns if there has been improvement in the foreign exchange inflow,it would automatically reflect in improved exchange rate in the naira

There is one common thread with almost all Nigerian strikes by workers,they never state the salaries they are earning and agitating to be increased.
It's always "salary is not enough,x,yz are earning higher than us".

tabaralph:
So you expect magic from Tinubu to fix the economy problems in 2 months right?

You don't have sense at all.
So you find the destruction of the economy in just 2 months with the attendant effects ok?
A man just wakes up and announces there is now no more subsidy in one fell swoop!
Do you know what it means to cause shock in the economy and how economies try to avoid it because of the large scale disruption of incomes and businesses it would cause?I doubt you know.
If the policies were so noble and without reproach and there is light at the end of the tunnel why are spokespersons,goverment officials,friends of his and assembly members that are in the know,scrabbling to assure gullibles like you that he has something good to announce soon to ameliorate the effects;and suddenly people that told gullibles like you that he is a first class technocrat and manager of resources that would see to immediate turnaround of Nigeria's fortunes,now saying it would take time for his policies to bear fruit!
Is that what they said during the campaign?
This is a man that led violent demonstrations in 2012 saying subsidy must remain,now doing a full turnaround.He has not even apologized for being wrong then.
Does it not sound and look deceptive and hypocritical to you?!!

lailo:
You are the one who knows nothing. Tinubu is on course. The two policies are the best for Nigeria. He didn't promise u won't have pains but he will fix Nigeria forever and no more merigo-rounding. The pains are temporary. He will fix Nigeria like he fixed Lagos State. Obasanjo, Yaradua, Jonathan, Buhari all failed, Tinubu will not fail.

Let me educate you.
No one said subsidy is good,but everyone that has sense knows you have to put in place palliatives or measures that would negate or reduce to a large expense the price increases and inflation it would bring.
Do you know the removal in one fell swoop without adequate measures has led to reduced productivity and thus contraction of the economy?
Do you know that when an economy contracts,some businesses would close and those that remain would either reduce workforce or even reduce salaries,when they are even able to pay.
When there is no money in the economy arising from real productivity and genuine income generation,the market woman,the artisan,workman would all be affected.Do you know how many businesses depend on people just coming out and being on the road?
Of course I doubt you know because people like you believe everything you are told and would defend your tribesman even if he is leading you to the slaughter.
Do you know that in America,the most capitalist of all Nations on earth when fuel prices started rising to levels that was becoming unbearable for many people even to extent the middle class that could afford it,started complaining,what did the country do last year?It released or caused increased production of shale that was deemed bad in many respects.
That is a capitalist economy that indirectly started subsiding oil to bring down the prices by intervening in the market with a product they had vowed not to use or explore again!

It is laudable but is it sustainable economically?
Unless he is buying at less than 580 I don't see how he can economically sustain it,unless he just wants to be running his fuel station as a charity for now.

That is the only way as I have repeatedly advocated.
The people should take their destiny into their own hands and flush out the criminals.
They are using intimidation and fear to enforce the sit at home meanwhile they are just a few hundred criminals against millions of honest people trying to eke out a living.
Identify them,flush them out and deal with them as the criminals they are!

It's this kind of cover up that put that Oyo or is it Ogun hotelier in trouble,facing the hangman.
They are a bit lucky that the incident didn't happen in Lagos.With the social media coverage,I bet if it was in Lagos,by today Monday being a working day,the hotel would have been sealed before any further investigation.

Money has definitely changed hands

Just 2 months they have started changing the song and shifting the goal post.
They literarily told the gullibles that the same "miracle" Tinubu performed in Lagos,he would replicate the whole of Nigeria.
2 simple policies,subsidy removal,foreign exchange deregulation shows how grossly ill-prepared he is and embarassingly lacking in simple economic tact,they claimed he possessed,he has.

RepoMan007:
The wise thing to have done in addition to floating the Naira to FX rates was to impose tax on avoidable imports that was swelling demands for FX.
Avoidable import that if not imported cannot lead to the death of any human being. Things like fake hair, nails, nail paint, bleaching cream, wine, tomatoes, vegetable.

It doesn't follow as simple as that.
Imposing tax would not necessarily deter or even reduce the import of the items you mentioned.

Reduced economic activity due to this high cost of transportation would contract the economy.
I doubt if the renowned technocrat knows or thought of this

It's called propaganda and propaganda are invariably built on lies.
But hate,bigotry and ethnic clownishness blinded some people,(even when the parallels were the same as in 2015 when Buhari became president),to the extent they even had to rig for him in states he was clearly rejected.
The question one should ask is this:Tinubu is said to have transformed Lagos,but is it the same Lagos that Fashola met riddled with horrible roads,slums,no pipe borne water,cultists,touts being laws unto themselves,Omo Niles running amok,electricity still being a luxury,despite the monumental fraud he oversaw using ENRON,etc;all still existing till today,or is it another Lagos?
So it's not an issue of cement finishing,it's a matter of cement never ever being used by him.

bong4:
The proper thing to do after insulting someone wrongly is to say 'Sorry' and not 'ok'

Sorry.Are u ok now?

LagosFirstSon:
Tinubu is clueless right now , he doesn't know what to do to save his already disgraced self and his bad policies since inception as illegitimate president

He needs help and needs it real quick before Nigeria economy sink to an all time low

The same scam sold 8 years on:Buhari is the best thing they claimed.He had also planned and dreamt of the presidency for 16 years.
When he finally achieved it,for 6 months he didn't have a clue on what to do.When pressure now pushed him to sit down and govern,he just started dishing out policies in reverse, because he couldn't give what he didn't have.
Tinubu they said is a first class technocrat,so good that all the best hands and best brains in governance have been picked by him.A Mobil oil executive of many years.This one had dreamt,paid and planned for the presidency ever since he completed his governorship.
He finally won the presidency and in just two months,he is looking like another big time scam they lied to gullible Nigerians about and used propaganda to push down the throats of the gullible.
Unlike what they sold,just like in Buhari's case, Tinubu is already showing he doesn't have the capacity to not only govern Nigeria,but the whole garbage of him being a technocrat and economic guru,was just what it was,pure bunkum!

FreeStuffsNG:
Smh. If you devote your time and the bad energy you use to insult people to read, you will be a better individual.
Read the education you missed below so next time you will not be ignorant and insultive at the same time: https://en.m.wikipedia.org/wiki/Eyitayo_Lambo

Ok.
Thought it's the popular Adeoye Lambo,then renowned psychiatrist you were referring to.

FreeStuffsNG:
Well done Gov Adeleke. It's not compulsory to have a healthcare professional heading the ministry. For the health sector in particular, it's a case of a house divided against itself , that's what the Health sector deserves.

Till date, the best period for the health sector was when Pa Obasanjo appointed Prof. [b]Lambo, an Economist, [/b]to head the Federal Ministry of Health.

Nothing one will not read on nland.
Prof.Adeoye Lambo,an economist?
This Tinubu goverment is it's short span has really dealt with some people's brains that they now reason upside down.

All these failed bloggers self.
Shallow story that will be soonest found to be the fabrication of the blogger.

One cannot give what doesnt have is a popular saying no matter how you try to coat and disguise yourself with propaganda.

Kukutenla:
The bolded shows that devaluing the exchange rate with the belief it will stop round-trip is not working. The reason being that the CBN is beginning to defend the naira.
I ask again. What's the way forward? The silence from Aso Villa speaks loud to cluelessness than any other thing.

I thought Buhari is the worst this country can get,not only was he clueless,incompetent and a first class bigot,but he lied his way to the presidency in terms of not being corrupt and possessing a certificate.
I never believed any human being and even some animals can be as horrible as Buhari.
I am now beginning to have doubts already that Buhari is the worst of them all with the way Tinubu has started and is presently nonchalantly going about things.
I pray for Nigeria's sake Buhari remains the worst president Nigeria will ever have.

abhosts:
I bought dollar @ 865 today. Propaganda does not necessarily translate to good governance. If you cannot reverse subsidy removal, please stop this nonsense floating naira policy.

Same propaganda that Buhari was not corrupt,has integrity,destroyed maitatsine sect,etc.All proven to be what they were:lies and scams to help him defeat GEJ! Unfortunately the west, particularly America and UK bought into it and helped facilitate his win.
Ditto, Tinubu is a technocrat,transformed Lagos(same small Lagos with slums,no pipe borne water,terrible roads,agberos everywhere and bribe seekers in every office,cultists running rampage,Omo Niles laws unto themselves,or is it another Lagos?)

SpecialAdviser:
Our naira will be whortless soon.
All my friends who are Tinubu supporters don change their whatsapp status update to "Pressure ti wa".


But on a more serious notes, how sufisticated is it to continue to repeat the same mistakes over and over and over again? It's embarrassing and shameful

It is said that only a foolish man makes the same mistake repeatedly and expects a different outcome.
A mistake was made in 2015,accepted later to be a mistake by majority.But it was repeated in 2019,let's call it foolishness.But to repeat it in 2023 and expect a different outcome has gone beyond foolishness,it's now in the realm of mental insanity exhibited by not only those that voted him in,but those that rigged,the umpire and the judiciary if it doesn't correct the error before it becomes a cancer that is incurable.

Another fatal similarity to the monumental failure of Buhari:Buhari prepared and fought for the presidency for good 16 years,when he achieved it,he didn't have a single clue what to do.
Tinubu has been praying,wishing and corrupting his way for the presidency since donkey years,at least as far back as when Ribadu was made the presidential candidate of the then ACN.
He had been declared winner since February,had at least 3 months to concretize all the so called ideas and plans he has had for those years including documents on subsidy removal and abolishing of dual exchange rate.
He removed subsidy in one fell swoop,then suddenly had no idea of what the effects would be and how to ameliorate the effect.
What did a man with presidential ambition of donkey years do to ameliorate pains of fuel price increase?Borrow his predecessor clownish idea of paying ₦8k to some households for 6months,till someone reminded him it didn't make sense.
Now he is in limbo,more excited travelling and welcoming all sorts of characters to Aso rock,including all his fellow foundation-of-corruption set of 1999 governors!

This one is double renewed shege.
They told us he is a first class technocrat,that he transformed Lagos to El Dorado and kept the economy growing even when Lagos funds were withheld.
I am seeing the same lies and propaganda they told about Buhari,that he has integrity,corruption will be killed,insecurity will be a thing of the past, Buhari will neither touch any Nigerian Kobo or allow any of his family members or associates to do so,all proven to be total lies just 6 months into his doomed 8,wasted years presidency.
Have we been sold another scam in Tinubu and if so,can Nigeria survive another disaster in the horizon?
https://www.thecable.ng/naira-plummets-to-n860-at-parallel-market-as-dollar-demand-intensifies/amp

LagosFirstSon:
This is what happens when a drug baron is your president

Just take a look at the type of characters tat Tinubu surrounded himself with,, criminals.

After the initial gragra he has gradually showing his deficiencies as he gradually starts getting overwhelmed by the load of the presidency.

First and foremost this source looks very shady.
Looks like another failed blogger with comprehension problems as many of them have or it's a story forged from his/her ass,as is also common with many wannabe bloggers.
On the other hand there is the slight possibility that this indeed could have come from the DSS because that institution has been brought so low that it's now like a comedy house of clowns.
Assuming the latter is the case,so DSS now knows and has more authentic copies of nysc certificates than the institution that issued itself, NYSC?
That is why I believe this is just a fabrication of this blogger because even as low as to the ground the DSS has sunk to,if this emanates from it,it means it's sunk even below the ground!

Aside from the initial gra gra he did,just 3 months into his government, Tinubu has settled into the same pattern of laxity,deficit of ideas and organisations and officials free to act anyway they like because no one will hold them accountable, synonymous with the disaster that was Buhari.
He is said to be a renowned technocrat and thinker,we are still waiting for any unique ideas of his.
Any sensible president will know that fuel subsidy removal does not directly impact people and businesses per se,but impacts transport cost.Once transport costs increase,all goods and services are thus directly impacted.
What then should a claimed technocrat have done:find ways to negate this transport cost,not by regulation but goverment strategic participation in the transport chain.
Also encourage or assist state governments to go into mass transportation schemes,both people and haulage.By making transport costs in these government owed schemes,not free,but reasonably priced,you force the private sector operators to also reduce costs.
Another way would have been to make it illegal and ensure strict enforcement,for NURTW or RTEAN,to fix transport fares at motor parks,let each cab or bus driver charge what he or she deems ok,while still paying their dues or even scrap the number of dues they pay.
But no,the man is still excited that he is now the president and has followed the same footprint of Buhari,attend all invites and engagements round the world,attend to all manner of visitors at Aso rock and by 4pm go to relax at home and resume late routine by 9am -10am the next day:just 6hrs of work Monday -Thursday and just about 2 or 3hrs Friday being Mosque;in a nation in dire straits!

kimjongJezebel:
May this filling station ⛽ favour me and my family!

Guy,you don kolo gon!
You really got some people!!

Even if the news is fake,So denying it by the CJ automatically makes it so?
The EU report alone has put pressure on the tribunal and SC.
At least if they have to twist the judgement to favour Tinubu they will be more ingenious this time,unlike when ruled in favour of uzodinma,even when the simple arithmetic didn't merge,or when they ruled for Lawan and Akpabio even when they didn't participate in the primaries.

Even though I know they will still twist the judgement at both tribunal and SC to favour Tinubu,I really wish both the tribunal and SC would see the golden opportunity to reshape the course of Nigeria,even if Tinubu prevails at the re-run.
How?If any of these bodies orders a re-run it would reshape the course of this presidency for them to sit up.Aside from removing fuel subsidy,this goverment has settled down into the Buhari type presidency,he is busy travelling up and down,not announcing and implementing policy decisions as fast as possible and seemingly only being ready to send ministerial list to the the senate due to the constitutional deadline,while Nigeria is in dire economic situation and continued security challenges persist.
The situation Nigeria is now needs a twitter(per minute or at worst per day policy announcements and actions) but the man seems to be still excited that he is now the president that he has returned the country back to the analogue way of governing:slow and unexciting