₦airaland Forum

mohbadliveson:
Wale should take mentorship classes from NOI

Wale has been involved in implementing critical reforms that NOI failed to undertake in 2012, including the removal of oil subsidies.

Due to the absence of stable electricity, gasoline generators are a common energy alternative for small businesses and residences. The removal of the subsidy took effect from Sunday, 1 January 2012 as announced by the Executive Secretary of the Petroleum Product Pricing Regulatory Agency, PPPRA

https://www.brookings.edu/articles/removal-of-fuel-subsidies-in-nigeria-an-economic-necessity-and-a-political-dilemma/

Any time I see the word Empower in Nigeria, I know another word for stealing. What happened to the $800 million for women's Empowerment

descarado:
I am betting eastern Europe. They are so good with this thing and highly underrated too.

Years ago, when the betting phenomenon was at its peak across Nigeria. I was researching numerous forums and websites on how to open a betting platform in Africa.

I notice that the majority of the forum comments were coming from Eastern Europeans who have seen the get-rich culture in Nigeria, as well as the weak regulation and corrupt officials who can be easily bribed.

This is just the beginning, as long as Nigeria easily believes that they can magically get rich with via get-rich scheme due to the lack of well-paying jobs

Sharpsharp00123:
My main reason for creating this thread is because during the last election I supported tinubu n one of my guy supported obi.

The guy has been my friend for over 23 years n we both know much about ourselves down to family line.

One day we were arguing about politics n he said some shits to me cos I said I will vote tinubu, I just told him point blank that as from today henceforth we should never talk politics with me again that any day anytime he talks politics with me it will lead to serious quarrel.

Since then It affected our relationship that my wife asked what happened n I lied we are both busy, fast forward to last week he called me for an urgent need of 400k, Omo onile wanted to collect his land that he has invested huge money on n he was stranded.

I sent d money but since then I just Dey reason am, I didn't tell anyone aside d fact that I am dropping it here but I keep asking myself

Y didn't he call obi since he posted it on his WhatsApp that "Anyone who votes Tinubu should avoid me forever".


The basis is that don't burn bridges because of politicians, it's people around u that will help u when problem arise, I can bet obi doesn't know him n doesn't even care but people around u will b dere for u


If u cut them off cos of politicians u can't run to those politicians when u need help d most.

Please think twice

I think you should differentiate between Nigerian politicians who lack ideology and integrity and those in the West. There is a reason why Nigeria is now the Poorest country in the World today. (Read why Nation fails)

crossfm:
Hehehe .

The money is gone. Nigerians no da ever hear ward.

These ones are just the boys,the main oga's are still in the shadow.

The shadow is probably Chinese or Eastern European

Gentlesoul2021:
I bought this below items for 2k at Mandate Market, ilorin, Kwara State.This is getting out of hand. When I approached the woman and she gave me this, my eyes blurred. I want to faint. They want to kill us.

Tell the people who are destroying farmland

The Islamist insurgency in West Africa is now in Benin Republic, Nigerians; we are now at war with Islamist fundamentalists who are behind Sharia in the SW and Jihad. They have succeeded in Asia and are now in West Africa.

Benin admits that 54 soldiers killed in attack by al-Qaeda group

Benin's government has admitted that 54 soldiers were killed by suspected jihadists in the country's north last week near the borders with Burkina Faso and Niger.

The authorities had previously said that only eight soldiers were killed.

The revised figure makes it the deadliest known attack since insurgents began operating in northern Benin at the beginning of the decade.

The attack has been claimed by an al-Qaeda-linked group - Jama'at Nusrat al-Islam wal Muslimeen, (Jnim), which is based in Mali but has in recent years expanded its operations to neighbouring countries.

The jihadist group had said it killed 70 soldiers in raids on two military posts in the north, according to intelligence group SITE.

Jnim is one of several jihadist groups operating in West Africa's Sahel region, especially Mali, Niger and Burkina Faso, where the military governments are struggling to contain the insurgency.

Benin and Togo have seen a rise in jihadist activity in recent years, as groups linked to Islamic State and al-Qaeda spread to the south.

"Heavy losses for the nation," wrote presidential spokesman Serge Nonvignon in a Facebook post on Wednesday.

Another government spokesperson, Wilfried Leandre Houngbedji, said that Benin was determined to continue the fight against the jihadists.

"We won't give in... I can assure you that sooner or later, sooner or later, we will win," he said.
https://www.bbc.co.uk/news/articles/c4grjgkxn9vo

Paramount01:
I am trying to understand you ,Buhari debt is far much higher than Jonathan debt agree .and the explanation of Buhari debt was due to many factors .
1) crude oil price droped to the lowest in Nigeria history
2) debt incure by Jonathan ,that made Buhari to go and borrow money to settle those debt
3)COVID 19
4) Russian Ukraine war

Pls explain to me why Jonathan owe $7 trillion despite receiving the highest revenue and receiving a debt free nation

You are not trying to understand me but looking for an excuse to defend a failure called Buhari,


1) crude oil price droped to the lowest in Nigeria history :

Under Obasanjo oil price was $10 per barrel



2) debt incure by Jonathan ,that made Buhari to go and borrow money to settle those debt.

What debt ? GEJ left a debt of $7 billion with $32 billion in reserve

3)COVID 19

The rate was $60 per barrel
4) Russian Ukraine war
Oil prices went through the roof in 2022. Under Buhari, oil export drops to 900K per day

Lanrelagboi:
https://nairametrics.com/2025/04/22/enugu-state-signs-deal-to-build-world-class-industrial-hub-targets-30-billion-gdp-growth/

If this is true, then well done, Mbah and the people of Enugu. Any fool waiting for the Federal government is wasting his time. The state has coal, gas, oil, agriculture and skilled labour. Investment in a rail hub to PH will open up the SE.

SmartPolician:
Leadership is complicated. You can never say the people love a leader if you don't live in that country. Someone in America can argue that Nigerians love Tinubu, especially when they read comments from agbadorians who spend 24/7 online defending him and his thoughtless policies.

Traore should've responded to the concerns the Americans raised if he was truly running a transparent government and not stealing from his people. Perhaps Traore could be stealing 5% of their resources as against 50% probably demanded by the French government.

One may argue that it's better, but it doesn't mean that Traore is any better. If you accuse me of being a thief, the onus is on you to prove that you are better than me by running a transparent govt.

There is no evidence to suggest that Traore is performing well in his country. There is still insecurity and no political system that supports people's freedom to speak up.


I don't support Western interest in Africa, but African political elites are not transparent. How many power plants are under construction in B Faso, is B Faso building railways, water systems, and hospitals in abundance?

Paramount01:
At the end of Jonathan regim Did Jonathan govt owing or not? Were state able to pay salary or not? That should be the concern.answee first before we even talk

GEJ left a debt profile of $7 billion in external debt.

Buhari left Nigeria with $41 billion national debt and $21 NNPC debt.



Buhari claimed that fuel subsidies is stealing in 2011


https://www.youtube.com/watch?v=kXDsrIh2s5s&t=23s


Buhari's on fuel subsidies is based on debt fraud.

Zionmdde:
OK there is nothing wrong about tribe first before competence and capability
Very good then. Then why Nigeria? When every tribe can just go their way and care for themselves

Every tribe can produce both competent and incompetent leaders.

The Yoruba did not produce Tinubu; Tinubu did not even win the 2023 election. Local elites and international interests selected Tinubu.

depezee:
If you refer Tunubu as a byproduct of a nationalist it means you don't know yourself the meaning of the word "nationalist". A nationalist doesn't snatch, grab, bribe and manipulate voters figures for his personal gains. A nationalist promotes and uphold good democratic practices. The Tunubu allies you mentioned represent failure.

That is what Nigeria has been for the best part of 65 years. When has Nigeria had a free election in its 65 years of independence? Please read Chinua Achebe's "No Longer At Ease" it was about corruption and political shenanigans in the early 1960s.

In the 1960s/70s, Nigeria produced regional political parties such as UPN, NPP, and PRP that prioritised regional development. The likes of Awolowo and Okpara were instrumental in regional development in the 1960s, and even Amadou Bello was successful in developing institutions in Northern Nigeria.

Nigeria's politics deteriorated when IBB manipulated the national political parties, which have since evolved into the APC and PDP, benefiting only the political elites. Tinubu politic alies are Wike, Akpabia and Ganduje.

Tinubu won more votes in the North West because he was supposed to serve the interest of the cabal and owners of Nigeria.

rinzaugustine:
Few truthful Yoruba men unlike that nuisance Yoruba tribalist omoweyele sowore that have no single campaign agenda except attacking Peter Obi instead of his tribesman that kept Nigeria in current disastrous state just like Wole Soyinka…hypocritical tribalists

luckyz4rea:
Profiling of people based on tribe is wrong. Stop it. It is wise to speak to issues without tribal or religious lines. It is part of why we are where we are.

I cannot blame him, Nigeria is a tribal society and not a nation. Nigerians didn't create Nigeria, and just like many other African nations, Nigeria has struggled to develop a national culture against its thriving tribal culture.

The national agenda must be either regional restructuring, reverting to the regional structure of 1963, or the break-up of Nigeria in the extreme.

One monolithic Nigeria is a fallacy and is doomed to fail.

A restructured Nigeria will enable every region to develop at its own pace, within the comfort of its own culture, and protect each region from the failures of the next. At the same time, it will encourage interaction and free trade between regions.

rinzaugustine:
Few truthful Yoruba men unlike that nuisance Yoruba tribalist omoweyele sowore that have no single campaign agenda except attacking Peter Obi instead of his tribesman that kept Nigeria in current disastrous state just like Wole Soyinka…hypocritical tribalists

You are the tribalist!

Sowere has the right to attack whoever he wants; it'si called freedom of expression.

Zionmdde:
Bad Politics
Citizens who care more about their tribe or religion holding power than anything progress
Zombies and perpetual shameless asslicker
Attack ekukes and chiwawas
Selfish people
Evil and wicked human beings

These are the reasons we have the worst human beings at the helm of affairs. Both tinubu, his rubber stamp Senate and most governors

There is nothing wrong with people caring for their Tribe. If the people of Plateau and Benue cared for their tribe, do you think they would be killed today? The Yoruba cared for their culture produce leadership such as Awolowo, Ajasin and Jakande. Tinubu is a byproduct of the nationalist Nigerians politics, notice Tinubu allies are Wike, Ganduje and Akpabio and his major support was from the North-West.

Paramount01:
He borrowed to clear emergency mess of Jonathan by bailing state out.jonaathan saw money yet he left the country with plenty debt, refinary he did not do,light he did not do ,ASSU he did not solve ,abeg wating he now do with the Money

I am still waiting for your defence that Buhari borrowed to clear the debt?

Nigeria's NNPC spent $10 billion on fuel subsidy in 2022

Nigeria's NNPC spent 4.39 trillion naira ($9.7 billion) on a petrol subsidy last year, latest data from the state-owned firm showed on Friday, a cost the government has blamed for dwindling public finances.

Finance minister Zainab Ahmed has said the country will keep its costly but popular petrol subsidy until mid-2023 and set aside 3.36 trillion naira ($7.5 bln) to spend on it.
($1 = 453.09 naira)

https://www.reuters.com/business/energy/nigerias-nnpc-spent-10-billion-fuel-subsidy-2022-2023-01-20/

Paramount01:
He borrowed to clear emergency mess of Jonathan by bailing state out.jonaathan saw money yet he left the country with plenty debt, refinary he did not do,light he did not do ,ASSU he did not solve ,abeg wating he now do with the Money

You are part of Nigeria's problem.

Below is Buhari debt profile in 2020! ($28 billion) By 2023, Nigeria will have doubled its external debt, and Nigeria will have spent $20 billion subsidising fuel imports. This is a man who said fuel subsidies is stealing yet he spent more money on fuel subsidies than any Nigerian president.

From Obasanjo to Buhari… how FG’s debt profile surged 658% to N26.9trn in 21 years

HOW MUCH BUHARI BORROWED IN 6 YEARS
The Budget Office’s medium-term expenditure framework and fiscal strategy paper from 2015 showed that the Buhari-led administration incurred N7.63 trillion in domestic debt from June 2015 to December 2020.

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On external borrowings, President Buhari increased debt from $7.3 billion in 2015 to $28.57 billion as of December 2020. This means that the president incurred $21.27 billion on foreign loans to the country’s debt portfolio.

The country’s exchange rate moved from N197 to a dollar in 2015 to N381 at the end of December 2020.

IPIGSRSHALLOW:
Nigeria was borrowing to pay salaries in 2015 under Jonathan and Nwela. Go and verify.
Nigeria was dead broke.
You people with very short and bad memories think that we are suffering from acute amnesia.
Go and very that one then come back for more facts from 2015.

Why don't you share a graph of Nigeria's public debt in 2015, 2023, and 2025? Nigeria's external debt in 2015 was $10 billion. Under Buhari, it increased to $41 billion, with NNPC debt totalling $21 billion through forward sales of Nigerian crude oil.

Under Buhari, the country's GDP fell to $310 billion, and we had two recessions. There was no growth pattern under Buhari; this has only worsened by Tinubu's disastrous continuation of Buhari's policy.

The GEJ was borrowing in Naira. The Buhari government stated the external borrowing of Eurobonds at 8-11%. The excuse was that it was cheaper to borrow externally.

Under the Buhari government, oil exports fell to 900,000 per day, and the Buhari government started the forward sale of the country's oil with Africaexim bank.

Paramount01:
Follow with your brain.
How it started

Obj handed a debt free nation to Jonathan yaradu, Jonathan saw the highest money in Nigeria history,left the nation with debt and still delapitated our reserve to the point that 23 states were unable to pay salary due to low FAAC.


They economy was good yet 23 states can't pay salaries,how.Buhari has to come to borrow money called bail out for state to pay

Buhari didn't have to borrow over $40 billion or mortgage the country's oil export. It was under Buhari that Nigeria's oil export fell to under 1 million a day. Buhari was a disaster; he closed the country's borders, thinking Nigeria was self-sufficient in food production, only to lead the country to high food inflation. Tinubu has continued where Buhari started and gutted the GDP further.

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

In 2015, Nigeria wasn't borrowing recklessly like Buhari and Tinubu. Nigeria debt profile was very low in 2015.

Great100000:
The DAPPMAN Executive Secretary, Olufemi Adewole, disagreed, saying, “The naira-for-crude-oil transaction framework presents significant risks that could affect Nigeria’s foreign exchange stability and deter foreign direct investment.”


Source: https://punchng.com/fuel-importers-may-run-out-of-business-soon-refiners/

Executive Secretary, Olufemi Adewole, if refined oil is valued in Naira, there will be an increased demand for Nigerian Naira to buy PMS.

Hurlamideh:
The one who defended himself in one northern state and eventually killed his attacker, was he not given death sentence?

Always finding excuses to do nothing.

SoftSport:
This is really sad, but I believe with President Tinubu in charge, he will surely find a way to stop these killings and bring peace soon.

If you can locate Tinubu wherever he is in Europe, tell him to stay there.

APC will break into CPC and ACN. CPC under Buhari couldn't win a presidential election,, and ACN was a regional Yoruba party. Nigeria will return to a regional government structure, facilitated by regional political parties, and the regions will be required to develop at their own pace.

Metrix147:
Source: https://abntv.com.ng/news/governor-otti-unveils-10mw-power-project-for-absu-declares-end-to-darkness-in-abia/

Another governor that is lying to the people.

In 2024, the estimated population of Abia State is 4,143,100. This figure is based on projections and estimates, not a definitive census count. The population density is approximately 660/km2.

That means Abia state will require 4000 MW to end darkness for its over 4 million population, and at least 2000 MW to support local industries and government establishments.

While there isn't an official United Nations (UN) rule stating that a nation needs 1000 MW of electricity for every 1 million people, this figure is often used as a general rule of thumb or benchmark. This is based on the idea that a nation with 1 million people would require approximately 1000 MW of electricity to meet its energy needs.

kokoA:
But Atiku is a "detribalised" Nigerian naw.

There is nothing like a "detribalised" Nigerian. We are all tribalists, and there's nothing wrong with that.

Racoon:
https://www.thecable.ng/adelabu-to-world-bank-past-administrations-to-blame-for-power-sector-rot/

“In 1984, when the military was in power here, we achieved a 2000 megawatts. Between 1984 and 2023, it took us 40 years to add additional 2000 megawatts. Now we have an average of 5,800 megawatts generation within one and a half years that we came to the office.

For a country of 220 million people they have 6000mw

9jatriot:
What you should be asking is why there is no outrage from the south. The North rose in support of their owns, the southerners can also do the same.
It is not by going to IDP camps to do photoshoots

Bro, the middle-belt is in the North or North Central. The South is shouting, 'Where is the North? ' Why are they not standing for the NC

helinues:
Even me myself is not sure of tomorrow but that doesn't stop us from predicting what might happen tomorrow.

No candidate, no opposition, no coalition can defeat president Tinubu in 2027

You can take that to the bank for cash out as usual

Where is Tinubu sef, is he alive?