₦airaland Forum

monerozi5590:
Even as that southerners dominate. ... Who be the northern elites ? Just want more clarification.

Northern elites are men from d North....

monerozi5590:
This thing na turn by turn. When Northern Muslim come, en go put most of his people there too.

When Obasanjo was the president, na southerns hold most/more of the service chiefs position. Christian from the North too.

Chief of army staff. All Christians under OBJ.
Chief of Naval staff. All Christians under OBJ.
Chief of Air Staff. All Christian under OBJ.
Chief of defence Staff. 4 of the 5 were Christians.

All the IGs of police under OBJ were southerners.

Do well to google this name.Bernard Shaw Nwadialo

My statement was clear ...

I used northerners not Muslims

BlueRayDick:
Omo!

I never thought I would see a Yoruba man or any other non northerner rise high enough to head customs 🥹

Tinubu u do this one ! 👍

We don too see shege from all this northern elites....sotey e come belike say we be second hand citizens

I support this one...baba surprise me on this.....make e continue with this non-northern administration..........

GloriousGbola:
In 2007 or so my old place was looking for foreign partners. They came did an assessment and told us that our facility had a net book value of zero. That was when we started actual upgrades. This facility is probably the same age as the nnpc refineries.

Reason we have to wait for Ibime's contribution cos If I can recall .Atiku said something about selling d defunct refineries although we believed it will be sold to himself

larride:
Are you saying there was no supervision and accountability as it relates to the MSME? If so why?

There was a reason I classified buhari as a monumental failure in all his endeavours...

Npower as a yardstick,I believe you must have seen or interacted with a beneficiary.........i drew my conclusions or accountability from there as well as other scams we have witnessed. .

On the other hand,my argument was/is based on revenue generation to perform a set goal (SME in this case).....



On the subsidy issue ..(Nigeria is broke has been a lamba served to us from day 1)..a phase removal wouldn't in any form dragged us into all this suffering.

GloriousGbola:
The 'assets' you are listing will have a net book value of zero by now. This also speaks to the refineries. TAM does not constitute an upgrade that adds to the total value of the asset. Ibime can probably advise better on this.

Will wait for Ibime's take.

I brought that up cos d refineries are more like liabilities than asset....

The steel company is actually another waste that doesn't in any form contributes to the development of d country..

Having a stake of about 20% n Selling 80%would be positive of d gov is afraid of being bare..

larride:
So Peter Obi will just enter and put the refineries on sale immediately?

Sell off Ajaokuta steel also.

Do you even know how long the process of selling off National assets is?

Do you know you will have to pay gratuity to those working in those assets that you intend to sell?

The last thing I've heard of the $800m loan was Buhari sending request to the NASS to approve the loan. Whether they have approved the loan and whether world bank has approved and disbursed the loan I dont know.

For argument sake, let's say he get those assets sold off within 6 months, so tell us how the second part of my post will be done. Give out loan to SME? Grant or what?

Lols..

Am really happy u understand that money can be generated from there..

For a better argument,I would like we omit Obi.
I think an FG that understands the issue of Nigeria will not be in a rush.....

The refinery and steel companies as at today serve as liabilities cos it still gulps some amount of cash from d FG pockets thru salaries and allowances..putting them up for sales(maybe holding 20% of it after sale) will only generate revenues to put ur plans in place.


If you plan to improve SMEs,...the plan can wait until this revenue is generated.

If after this,you see improvements in reality,you can then proceed to generate more revenue tru tax and phase removal of say subsidy that will hit the common man ....


Might be wrong sha.....

larride:
So where will the money to put into SME come by? Where will he raise the funds from?

Which sector of the SMEs will the funds be available to and how do they access it?

Let's start from there.

Money can be generated from selling defunct refineries.

Ajaokuta steel.

Money borrowed for subsidy removal......


Might be wrong though

liveLongNprospa:
🤣🤣🤣🤣.

Even the US has poor people.
Lmaoo..
This goat thinks the PDP people that they initially tagged wailing wailers during Buhari's tenure actually ended up poor and the apc people ended up rich.

Because it is only a foolish person that will even think the way you have.

This same stupid playbook birthed "wailing wailers". On the 7th year when buhari was leaving, everybody turned to wailing wailer.

You think you are realistic but what you are is recycled trash.
You and the idiot edging you on are proper waste products.

We should keep quiet while the Gulf between the rich and the poor widens because a man who his own brand of capitalism doesn't understand that citizens deserve to be taken care of.
Of course something like that will appeal to you fucktards after all you can't think or consider multiple viewpoints.


Look this fat self-servicer talking about the business community as if nor be the same thing happen when bubu enter.

Please remind us were "Body Language" came from again.
Ogbeni loud the rubbish you want to loud and slurp on the man's gbola.. That's good for you..

For us we will call out everything that needs to be called out.
You think it's the rubbish you did with PDP people.

Dey suffer dey smile dey talk say na for the future.
Future kill you dia idiot🤣

Oh boy...

Any small thing "obidient"

So because someone supported a candidate,he is less of a Nigerian to ask questions or criticise what seems to be a "nonsense"

Na wah

monerozi5590:
Yeah.

And to cap it.....Nigeria politicians are very predictable n d outcome always detrimental to d common man...

monerozi5590:
Those guys will always increase the price of their services. transporters, barbers, mechanics and all. The big players when it comes to service provider, I don't really know how they do their review though.

Production guys too will increase their prices of goods, some do increase their workers salaries though.

I don't really know much about Nigeria Labour Law.

Like Nigerians will always say ""everything for market don increase except salaries """

You have got a point in an ideal situation but here in Nigeria were people are queueing for any available job will be almost impossible.

I understand ur hypothesis for real but these should have been activated b4 embarking on d subsidy and other life-ending policy.

In all honesty,all the inflation related policy happening at once is something to worry about

monerozi5590:
True. I am not saying increasing minimum wage will end inflation.

The cost of goods and services will go up, so increasing minimum wage will at least help us to afford those goods and services. To some extent at least.

The "us" are the government workers and are far less in numbers compared with true workers in reality

monerozi5590:
I think government will be getting more revenue with the subsidy removal and all.

Minimum wage between 70/80k . What do you think?

Minimum wage will have no impact on the continuing inflation or rather d brewing disaster..

We have far more employers of labour in the hand of private firms and I don't think they can be conditioned as no justifiable reasons to do so regarding unfavourable atmosphere they themselves are witnessing..


U asked for my taught

monerozi5590:
That's why they are reviewing it. All the states and FG will work together to review the minimum wage. I think this your question will be discussed and answers will be provided when they sit to do the review.

Oh well....

So what is the realistic amount your think would be justifiable..

Don't forget your country is "broke"

monerozi5590:
Tinubu said the FG and states will work to review the minimum wage. I believe he is very serious with that.

What will his seriousness do to states that are too poor to meet it?

monerozi5590:
I am part of the masses and for now is affecting everyone irrespective of who we supported.

Let's give him time and see how it goes. He just came in.


Whether is justified or not I can tell for now because is only time that can answer that.

Just d way we gave Buhari time.....😄😄


Or time to right all d wrong policies

monerozi5590:
I want new minimum wage to be implemented. No one is ready to share the burden of inflation with you. Minimum wage should be increase to up our spending power at least.

OK sir.

U and I know that increasing minimum wage is anoda hoax that will not materialise cos as even some states are yet to satisfy the 30k

monerozi5590:
I don't get. Check my comments. I never praise Tinubu for those things you mentioned oh.

Oh my bad...

Does this means u believed his policy are wrong and not justifiable

monerozi5590:
It will be use my the new administration but then again the money is not the solution. It will not go anywhere.

FG should start by implementing new minimum wage ASAP.

New minimum wage will lead to inflation abi

monerozi5590:
Fixed or floated which would you rather go for.

In 2021 IMF came with a report that Naira was over valued. Then FG/CBN fixed it at 300+ to dollar. Though IMF have been saying that since. That we should float it to determine the true value of the Naira. FG argument then was that, if they float it, it will cause inflation and high cost of living but there will be transparency.

Then again, if you fixed it. The gap between the official rate (fixed) and the parallel rate will keep widening because no enough foreign reserves to back the Naira.

If you float it, it will cause inflation and high cost of living.

Floating will lead to inflation.

PMS increase will lead to inflation

Couple with tuition fee and high electricity bills

Who suffers inflation most (poor and average countrymen)

So what then are you guys praising dis presidency for.......cos from your statement,he has successfully brought more inflation-related policy to Nigerians.

Emaprince:
Bros, It will favour me and my family.

Meanwhile they are somewhere crying in pains over hardship.

Coming online to act like it's all good for them to spite obidients.

The problem is whatever meaningful thing you say as long as it is against the upper class....

You are termed Obidient even without looking at the issue........

Mehn,God no get hand for our matter cos even the brilliant minds are being foolish,bringing in party coloration to a constructive criticism..

We are doomed like seriously doomed

Wait o....

Wetin happen to the 800m dolls wey Buhari borrow for subsidy removal...

liveLongNprospa:
Lmao.. We will all pay.
Nigerian citizens nor deserve anything from government.

Even enabling environment to hustle we nor deserve am.
Fictitious education subsidy is gone at this point.
Fuel subsidy gone.
Electricity subsidy gone.
I'm sure we will soon hear of medical subsidy and it will be taken out.
Shey we are about to start paying for VAT on fuel purchase from gist flying around.
Security trash.
Light not good enough.
Employment figures very low.
Poverty figures very high and climbing.
Current inflation is 22.40% I think.

Old stock of fuels in depots will soon finish and we go see the new price of fuels when purchases are made.


Middle-class wey suppose hold FG for blockus dey follow kiss FG ass and now middle class Don further slide into poverty bracket🤭.

Again the core truth is after defending government, you'll drop your phone and face this reality and see shege that everyone is seeing😌

Them say make we no complain o..

We should always have hope even in death.....

The subsidy

The vat in petrol (if true)

The electricity increase.

The fx saga

The student loan..and other new projects being planned bt the evil canals would favour me and my family ...

liveLongNprospa:
Lmao.. Propaganda to?

Na idiots e dey talk to because that excuse cannot fly anywhere.
The last 4YRS, APC has controlled the house and the amount of rubber stamping they did for buhari shows they would have looked at it if the party wanted to. 😊.

At the end... the increase will be paid n ur reaction is tagged "you don't want Nigeria to work" because it is Tinubu

liveLongNprospa:
Lmao..

Woye is an idiot.

Abi suddenly president nor dey ask NASS to do amendment.

As if nor be the same buhari amend cbn act for ways and means to 15% this year to cover the borrowings.

Again Woye na idiot🤣

Propaganda is the theme

Na PDP dey responsible for high tariff o....9 yes ago....them say na coincidence e come bad under this administration
The sweet talk and reasons don dey shelle.
https://twitter.com/woye1/status/1670728568890859524

seankafor:
na the tunnel I dey come back 🔙 from

No light 🕯️ there bro

Na tunnel wey get end dey think of light

liveLongNprospa:
Lmao.. Still waiting for the updated one larride said tolu said was signed for us to see.

Coz if na that requirement, then people go barely qualify😁

Them want use confusion kill me here..


Review keh,people that sat down for a long period of time to think and plan b4 embarking on the script didn't see the inaccessibility with d 500k cap.

Same confusion n sweet tactics they are going to use for many other project but at the end of it,d poor will have no option..
.just look at the light ish....1k will give ur 10 units or less...a sweet explanation will pop but at the end we will still pay it....

The media arm will amplify and keep on with "on your mandate" we stand as if he isn't d president yet....

Propaganda has already crept in

OkpaNsukkaisBae:
na free interest loan...500k is on d surety which may not be the parent of the student.

I am hearing this for the first time o...can you provide link for your statement.


In other words,if my sureties are worth more than 500k per annum..I am not qualified??

Among the listed possible sureties.. show me 1 that recieves less than 1m per year

OkpaNsukkaisBae:
For me, the policy is a good one. Talking abt its accessibility. Even LAPo wey dey give loan with huge interest go ask 4 ur BVn, nepa bill, voters card, nin plus one or two solid surety depending on ur loan package.

Lapo no tell u say u go need dey get 500k n below b4 I access their loan......


Abeg...tell me a possible family wey fit satisfy the requirement of d student loan...as at today