₦airaland Forum

Eunoiaa:
Only if these will be higher than the loans, no?

Abi from 'where' from will the loans be paid back?

You do realise that Nigeria does not have a debt problem right?

Our debt to GDP ratio is just 40%. That’s one of the lowest compared to other low middle income countries and developed economies.

What we have is a revenue problem, anything that will stimulate growth should be welcomed

larride:
What are you even saying exactly? How many country actually develop without a solid road infrastructure?

How many roads in the world actually pay back the money that was used to construct it? Or maybe we should just toll any roads that's being constructed so they can pay back the money used to construct it.

This kind arguments makes no sense.

I still don’t understand, is he saying building roads is bad or what?

liveLongNprospa:
What is the benefit of the road when the man has used loans to finish us in building some of these roads..

Who will pay back those loans? The roads?

I still don’t understand, are you saying I should explain to you how road translate to economic development which in turn leads to increase GNP growth which in turn increase government revenue? Cause and effect.

liveLongNprospa:
The infrastructure he did well?
What did we gain compared to what we lost? What is the value of that infrastructure? Is that an emotional question?

If you are equipping the military and yet you have worsening security.. What is the benefit?

The person before him was accused of not equipping military and yet the country was safer.. Oya you have equipped the military and yet the country is worse..


Who is being illogical here?

That’s because you are arguing from a wrong premise.

The country was not safer under Jonathan, maybe because the insecurity was much more confined to the north east then, our country was fragmented under Jonathan!!!

The Gulf of Guinea was known as the Piracy hotbed in the world!!! Can you understand the scale of that!!

Nigeria Exclusive Economic Zone was the most insecure zone in the world!!! More insecure than the Gulf of Aden and the Somalia sea. Under Jonathan.

And under Buhari, there was no piracy attack at all in 2021and 2022, that has never happened before in Nigeria History!!

insecurity’s is a dynamic challenge not static, there will always be kidnapping, kidnapping has been in existence since Nigeria independence and it will continue to be till Nigeria get back seize to exist, it’s the scale that should concern you.

http://www.globalresearchjournals.org/fullarticles/51404cb04bdbb.pdf?view=inline

GeneralDae:
The allocation thing is a model I'm not totally comfortable with. But I can't complain much now cos I can hardly think of a way out at the moment.

When Kano grew their Groundnut business themselves in those days (1960's), they had the incentive to invest in the business themselves because they received the proceeds and not the Nigerian republic.

However, I'm not naive to compare Groundnut Pyramids to Crude Oil. So I get your point as well.

Look ehn, Nigeria state government are not responsible because they can always shift the blame of ineptitude to the FG.

Look at the VAT model, the VAT generated from alcohol sale is taken by the FG and shared among the state, but some northern state go after Business that deals in Alcoholic product and destroys it.

But they still benefit from the VAT of alcohol sales from other states, let them be responsible for their action.

Fine, you consider a product to be harm? Then you’ll not benefit from taxes arising from that product.

theenchanter:
all states receive allocations from federal account each month, including the 9 oil producing states. After that, the 9 oil producing states receive 13% of profits made from oil for that month, this run into billions of naira monthly, after the billions they got from FAAC.

How certain are u that they won't mismanage 30% when given to them? And if u're a Nigerian from let's say ebonyi state, would u want the government to reduce ur allocation simply because they want to increase derivatives?

The "many" that clamoured for 30% derivatives in restructuring are the leaders from Niger delta, no one else. Don't forget that most of these oil producing states don't even invest in the production of oil & gas, they didnt even put a dime in it, they just want 30% of it when they're not into it despite the fact that the FG is the one bearing every risks pertaining the oil over there.

And that’s what democracy is for, let the people choose and suffer the consequences.

If they elected an idiot that squandered the resources away, then they only have themselves to blame and will be “wiser” in the next election cycle and demand more accountability when they see their neighbours doing better than them.

iamoyindamola:
What economic impact has the road generated?
What road are talking about here?

What does this even mean?

iamoyindamola:
Nobody is causing havoc yet we have IDP camps litters in borno
Soldiers are getting deployed every year

I’m sorry, but you are not making any sense.

liveLongNprospa:
As I speak to you our FDI is under 500 million dollars 🤭

A Quarterly FDI figure or an Annual FDI figure?

larride:
Some line of arguments dey always amuse me tho.

People here don’t want to argue based on data and statistics.

Both based on emotion and sentiment, engaging in those kinds of arguments will lead nowhere.

The Quality of Engagement is really appalling and speaks to a low IQ level or substandard education.

From readily available data that anyone that is really interested in appraising Buhari performance can check.

It’s obvious Buhari performed woefully in both Micro and Macro economics, most of his economic policies have not stood the test of times e.g N-Power, TraderMoni, Agricultural revolution, employment creation, inflation figures, investment both foreign and domestic.

But they are also areas where he did well. Like infrastructure and Military.

Note: Military is not equal to security.

GeneralDae:
Akwa Ibom State without the Federal Government built from start to finish one of the best Airports in Nigeria and a smart airport for that matter. This is incredible.

Akwa Ibom State now has a Maintenance, Repairs and Overhaul hanger at the Victor Attah International Airport, Akwa Ibom State.

Ebonyi state also

rvp20182:
Great except sports is bottom of bottom of bottom of human priorities.

It’s a priority

Newly completed.

These are rural community in akwa Ibom oo.

Newly completed township stadium in akwa ibom.

A township stadium in a rural community looking better than 90% of stadium in Kenya.

This is a rural community in akwa ibom.

GeneralDae:
Akwa Ibom State without the Federal Government built from start to finish one of the best Airports in Nigeria and a smart airport for that matter. This is incredible.

Akwa Ibom State now has a Maintenance, Repairs and Overhaul hanger at the Victor Attah International Airport, Akwa Ibom State.

Akwa Ibom state is really trying though.

Look at the newly completed rural road in the state.

liveLongNprospa:
Lmaooo. What did stopping the importation do for us?
Did it create a competitive market or benefit the masses?
Did we get food cheaper or did we still have shortages because production could not even meet up to demand..


Also don't forget this

Now tell us about the number of deaths under buhari in comparison to Jonathan.
Tell us the debt profile under buhari in comparison to Jonathan.
Tell us the FDI under buhari in comparison to Jonathan (let me help you.. The lowest for Jonathan was 3billion dollars.. For buhari its currently about 400m)

FDI under Buhari.

2015 = 3.06B
2016 = 3.45B
2017 = 2.41B
2018 = 780 million dollars
2019 = 2.3B
2020 = 2.4B
2021 = 4.8B

Total = 19.2B

Note: Nigeria went through a recession, a Global Pandemic , a lower oil price and insecurity Under Buhari.

FDI under Jonathan
2010 = 6.03B
2011 = 8.84B
2012 = 7.07B
2013 = 5.56B
2014 = 4.69B
2015 = 3.06B

Total = 35.25B

Note: Nigeria was in an active state of terrorism, a higher oil price Under Jonathan.

iamoyindamola:
Infrastructure kindly list them
Institution that turned 4 years course to 5 and half, we had the longest strike during his tenure
Military: BH is still in sambisa infact they decided to form another group and still causing havoc in borno

On Infrastructure, let me give you an example.


Over 9,000 Km of new Road was Constructed by this administration. That has never been achieved by any government administration in nigeria.

iamoyindamola:
How can something be weakened and still create another group out of it

That's because you think Insecurity is static, It's not.

Security challenges are dynamic, and you need a multi-layered approach to solve them.

iamoyindamola:
Infrastructure kindly list them
Institution that turned 4 years course to 5 and half, we had the longest strike during his tenure
Military: BH is still in sambisa infact they decided to form another group and still causing havoc in borno

When I said institution, I'm not implying Education or tertiary Institution.

I meant government institution.

Nobody is causing havoc in Borno, the only thing ISWAP and BH are doing now is surrendering, there was just around 234 deaths due to terrorist activity last year over when we use to have over 7, 000 death in a year.

If you don't see that as progress, then I don't know what to tell you.

GloriousGbola:
The proof of the pudding is in the eating. Where are the decisive wins against boko haram?

You are seriously asking me this??

At the height of the insurgency, Boko haram was controlling an area the size of Belgium in Nigeria, Collecting taxes and performing government role to almost a million people.

Boko haram the greatest threat to Nigeria since the Civil war has been decimated completely, they have lost over 90% of their fighting force.

I watched an Airforce documentary where the current chief of Air staff, Air Marshall Oladayo Amo said they used to fly Airforce jets from Yola to Sambisa or lake chad just to release few rounds of ammo, sometimes they flew jets just to use the sound to intimidate Boko haram fighters in an active Warzone!!!!

Flying a distance of about 150km to release few rounds, the rot Jonathan and Dasuki caused to the Military, it can never be quantified.

Because there was no ammo!!! He had to request the the Airforce chief to release practice dud rockets from NDA just so they can at-least shoot something!!

We had to employ service of Ukranian pilots to fly second hand MI-24 and MI-35 attack helicopters, because our trained Pilots were lost to commercial airline operators.

Do you know how many Pilots have been trained by the buhari administration? Over 200 new pilots, with state of the art platforms.

Over 100,000 terrorist surrendered!!!. It has never happened anywhere before in the world.

https://www.thecable.ng/zulum-90k-terrorists-have-surrendered-in-one-year-its-never-happened-anywhere-in-the-world#:~:text=Zulum%3A%2090%2C000%20terrorists%20have%20surrendered%20in%20one%20year%20%E2%80%94%20it's%20never,happened%20anywhere%20in%20the%20world&text=Babagana%20Zulum%2C%20governor%20of%20Borno,in%20the%20last%20one%20year.

Nigeria Moved from being most terrorized country in the world in 2015 to not even appearing in Top 5.

https://www.pulse.ng/news/local/nigeria-drops-from-6th-to-8th-most-terrorised-country-in-the-world/mhh2c1z

https://reliefweb.int/report/world/global-terrorism-index-2023#:~:text=Afghanistan%20and%20Pakistan%20remain%20amongst,from%20292%20deaths%20in%202021.

We went from over 6,000 terrorism death in 2015 to less than 300 in 2023

iamoyindamola:
Wait shey the challenge dan start already

I can only defend Buhari on infrastructure, institution and Military, he failed on the other aspect of governance.

raumdeuter:
I actually agree with you Buhari came and met his own challenges he did the best his brain could which is is still below average

What ruined Buhari the most are the self inflicted stupid policies of Naira change and his archaic military ban this ban that policies

I score him above average in infrastructure

He did oversaw some stupid policy that has no bearing on the reality of most Nigerian.

That border closing was an archaic policy that didn't achieve any positive result.

GloriousGbola:
this is the problem with 90% of the projects initiated or completed by Buhari

we have rail. is it being used? has the cost of transportation gone down? are goods being moved by rail?

in laymans terms, dad has taken a loan to buy an asset that cannot be used and sits fallow wasting away while there is no option in sight to pay back the loan

maybe if i buy a 2023 toyota 70 series with a loan, and then leave the car in my garage. but hey, it is an achievement! i bought the ride! i have boosted my image! win win!


same with the military procurement that have failed to put a dent in boko haram. the same bh that allegedly has anti aircraft guns


of the three projects you listed - the only one that can be said to be delivering value is the second niger bridge.

Regarding the military, that's a wrong take.

Buhari is the best thing that has ever happened to the Nigerian Military After shagari.

Nigerian military is a much better fighting force than ever before.

GeneralDae:
Worship center why?

Probably going for religious tourism

68816419:
Akwa Ibom taking shape

The state is also building a worship center

[quote author=68816419 post=123385805][/quote]Thanks

68816419:
Pictures From The Commissioning Of Akwa Iboms New International Airport Termina -

I also heard the longest concrete road in Nigeria was commissioned today.

193km in Ebonyi.

68816419:
Pictures From The Commissioning Of Akwa Iboms New International Airport Termina -

New terminal for Kano international airport was commissioned today.

You have pictures?

maidaboi:
Rema that shutdown a stadium for India is what? LOL

Shut down two Indian stadiums.

Obaaderemi2:
Drink more cow blood instead of changaa. Nothing worthwhile in Kenya is owned by native Kenyans, including Safaricom which is British owned.

They are very lazy.

There was a documentary I watched where the Indians in Kenya were calling the native as very lazy and lacking creativity.

68816419:
Imagine President William Ruto’s administration has borrowed Sh17.4 billion more than his predecessor in its first six months in office. I perso supported Ruto to be the president but the way things are going I really cant see him doing anything

Lord, they are spending just 766 million dollars on capital projects 😩😩.

Kenya is poor poor, I’m starting to believe that stat that placed Cameroon above Kenya.

Cos what is this, and we have been arguing with this fools?