₦airaland Forum

Massiveglory:
ebi n pa wa

which AI did you use for this?

https://www.youtube.com/watch?v=hNf97-hy7Gw

Our Finance Minister, Mr. Wale Edun, who is responsible for fiscal policy, appeared on ChannelsTV to share his plans to improve the Nigerian economy:

1) Giveaways. He spent half of his time talking about giveaways. He feels most of the excess naira in circulation has gone to the rich, so he wants to share more excess naira with the poor as well. 🤐

2) To plug revenue leakages by channelling all revenue directly to the FG and disbursing expenditures directly to intended recipients without intermediaries who might embezzle the money. ✔️

3) To increase tax collection by 70% this year without increasing tax rates and eliminating some types of tax that are unnecessary. ✔️

4) He want to pay back Ways & Means by looking for new sources of revenue. I felt that his explanation of how that would be achieved was vague. It's unlikely to happen after CBN's data showed an increase in W&M. ❌

5) Collaborating with CBN by increasing interest rates to attract FPI. I find this to be short-sighted if attracting hot money is the perceived benefit of raising interest rates and not the reduction of inflation, & FDI. Also, our real interest rates are still negative, so how will this work? ❌

Overall, Mr Edun has some decent ideas but his overall plan is inadequate to solve our problems.

I recommend inviting the economists who spoke at Proshare's Economist Conference to Abuja for a retreat where they can help him to develop a comprehensive plan that might actually work.

peekspot:
https://punchng.com/defence-academy-attack-mastermind-killed-military-warns-against-coup/

This is the most genuine and informed comment about the coup issue coming from the army leadership. Talking about the democracy and not the president, and emphasizing that it is a crime that will be punished.

Teargas is justified when a crowd is out of control. Otherwise it could get worse and lead to deaths. It would've saved lives in 2020, 2023 Feb.

Yes, I created a forum called mobilenigeria in the middle of the GSM revolution.

Mamadf:
I have notice

It's still working for me and I'm on mtn network.

We've struggled to find good mods here. I have received 2 recommendations from Lordzouga

Click like if you feel that this thread should be shut down. @dominique, your attention is needed here.

We can take this thread down if it's being used for scams.

Botragelad:
Source: X app

Video here: https://x.com/Osint613/status/1754481687071777233?t=cRN3ha3jPnhJ7IcL0hD35A&s=09

nlfpmod
Seun
mukina2
justwise
fergie001

Why not use pepper spray or a rubber bullet? That's what they do in civilised countries like UK.

When we were defending they were slicing through our defenders with ease, but when we go forward nothing can get past their wall of defenders. Jesus.

5 minutes to the end they are suddenly creating chances for themselves. 7 minutes stoppage time.

Why is this small country comprehensively outplaying us? We have more raw talent and we live for football.

Morizo:
Aina is having a poor final. He did well other matches. Iwobi too

So Aina is the number 2 that gave them many chances until they scored.

NuCypher:
Nigeria's midfield is just woeful. The defence appears to be holding pretty well, but it's getting threatened too often and it's only a matter of time before it breaks. Nigeria's attack is also non-existent.

The Ivorians seem to penetrate our defence with ease from their left side. I suspect our right-back.

And they have scored a second goal. Why couldn't we just hold possession??

Who is the creature with the number 2 jersey. They were just pushing him around until they scored.

Our midfield is struggling to hold possession, our attack isn't threatening the CIV defence at all, and they are penetrating our defence with ease. We are being outplayed. Our keeper seems to be the MVP right now. What's going on?

I just started watching at AFCON at 50 minutes. Before the Ivorian equalizer, Ivory Coast dominated play and held possession, without seeming to leave their defence exposed. Are they better than us somehow?

They gave the Ivorians too many chances at the back. The keeper was saving us, and we kept allowing them until he scored.

The keeper is saving us. Too risky.

And they have scored.

Agboriotejoye:
Dangote is in Lekki free trade zone so no tariffs can be imposed on him Oga Seun

It's a hypothetical, obviously. Did you understand my points?

She looked different how? Not wearing makeup? Posting an old picture online?

Discouraging importation is a bad idea. Value chains are global. Top exporting countries import their raw materials from countries that can sell them at the lowest price. If you discourage imports, your cost of materials will be high, and your export products will be too expensive to sell internationally and will contribute to inflation by being more expensive locally.

Dangote is importing crude oil from the US because it's the most cost-effective source for him right now. This will ensure that the petrol he refines will be cheap enough to sell/export and make a decent profit. If we hypothetically discouraged him from importing crude oil by charging high tariffs, his petrol would be more expensive.

We have to import raw materials from the cheapest sources internationally, process them cost-effectively, and then export our finished products at competitive prices. There is nothing you want to produce that doesn't require importation. Even farming needs imported fertilizer, pesticides, herbicides, heavy equipment, spare parts, seeds, etc.

If we want to be an exporting nation, we should have low import tariffs and no export tariffs, like Singapore

You might say that we should have low tariffs for raw materials and high tariffs for finished products. That's not as bad as the current reality of high tariffs for raw materials in an attempt to encourage exportation of raw materials, but it is also a mirage. One man's "raw material" or input is another man's finished product.

Apple laptops and iPhones looks like finished luxury products, but to a programmer developing iOS apps, they're compulsory "raw materials" for production. The more expensive they are, the more difficult it will be for our youths to make clean money by becoming iOS developers.

Import tariffs or restrictions on grains would on the surface seem to help farmers, but they hurt feed mills, poultry farmers, bakeries, breweries, food processors, consumers who have to pay more for their products, and food exportation.

The top 3 exporting nations in the world are China, USA, and Germany. They are also the top 3 importing nations. The thinking of "imports bad, exports good" that leads to import substitution policies is primitive and outdated in the global village. India, which does import substitution, can't compete with China, which imports & exports.

I hereby apologize to Nairalanders for allowing my focus to shift away from Nairaland. It happens when I'm not getting enough cooperation.

I've promised to create a Christianity section this year.

Nairaland is closest to Reddit.

I'm here.

How many times should we tell you people that the exchange rate system is managed and not floating? I'm tired of all the misinformation.

𝗦𝗨𝗥𝗘𝗛𝗢𝗠𝗘 𝗠𝗔𝗥𝗥𝗜𝗔𝗚𝗘 𝗦𝗘𝗠𝗜𝗡𝗔𝗥 | 𝗝𝗮𝗻𝘂𝗮𝗿𝘆, 2024 𝗘𝗱𝗶𝘁𝗶𝗼𝗻.

𝗡𝗘𝗪 𝗬𝗘𝗔𝗥
𝗡𝗘𝗪 𝗪𝗜𝗡𝗘
𝙍𝙚-𝙞𝙜𝙣𝙞𝙩𝙞𝙣𝙜 𝙢𝙖𝙧𝙞𝙩𝙖𝙡 𝙗𝙡𝙞𝙨𝙨

The beauty of marriage lies not only in the duration but in the joy it brings with each passing year.

While your union may be thriving, there are still realms to explore, things to spice up, and depths to rediscover.

Get your cups ready as we serve you 𝗻𝗲𝘄 𝘄𝗶𝗻𝗲 to enrich what's already beautiful in your marriage in this month's edition of the Sure Home Marriage Seminar.


𝗦𝗲𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗲𝘃𝗲𝗻𝘁 𝗯𝗲𝗹𝗼𝘄:

👉𝗦𝗽𝗲𝗮𝗸𝗲𝗿𝘀: Mr. & Mrs. Samson & Victoria Osewa
👉 𝗩𝗲𝗻𝘂𝗲: ZOOM (link: SUREHOMEONLINE)
👉𝗠𝗲𝗲𝘁𝗶𝗻𝗴 𝗜𝗗: 839 9969 2719
👉𝗣𝗮𝘀𝘀𝗰𝗼𝗱𝗲: SUREHOME
👉 𝗗𝗮𝘁𝗲: Sunday 28th, January, 2024
👉 𝗧𝗶𝗺𝗲: 6:30 pm (Nigerian Time)

#SureHome2024
#MarriageSeminar
#MarriageCounselling

How is your Eskimo Ekuke doing?

Kimcutie:
Submission is different from subordinate.

What is submission in this context?