₦airaland Forum

Ojuntana:
This is concerning
There seems to be a disconnect between the policy being propagated in the public space and the one implemented with real effects on Nigerians
The clueless government have been claiming that floating naira is one of the reforms that have been yielding fruits with the naira getting stronger
Now we're being told $8bn was used to shore up the naira and another $4bn to shore up reserves
The rebased rate was expected to reflect the new trends based on those reforms
What is obvious is that the rebased inflation rate does not reflect the market.
The former rate is more realistic
Where did the figures come from then?
Where exactly is this so-packaged reforms taking Nigeria to?
Is there any tangible benefit to be derived in the true sense and what are the benefits?

Nigerians need to kick this people out ASAP ,they are confused and just doing trial and error while the country keep going through hardship at the end of the day all the sacrifices will go to waste because no tangible results will come out of this their rigmarole,
In one breath they float the naira, in another they are defending the naira, the same defence they blamed buhari for and called unrealistic
These people are confused

[quote author=boxypane post=134249025]Even Rufai is confused. A coup that was suppose to be bloodless was over taken by ethnic bigot who went on a killing spree.
We don't need to be there... IBB will be silly to narrate it that way but the bitter truth is Igbos cannot be
[/quote


Adewale Ademoyega, Max Siollun, Segun Johnson and Nowamagbe Omoigui lied too? 🤷
You can believe what you want to believe, it's your believe

Hemanwel:
Why the apology? Was he the one who annulled the elections? The main man who ought to apologize didn't do so, instead was rewarded with N18b in the name of book launch.

Buhari is not in the best position to apologize to Abiola family and Nigerians for the annulment of June 12, 1993 elections. IBB is. Yet his apology ain't forthcoming.

Admittance is different from apology.

If not for that apology and subsequent honour by buhari, BABANGIDA will still be grandstanding but buhari had already taken off the stool he stood upon, he had no choice again, this latest step by ibb is a face saving effort

gsmphoneseller:
See how Yorubads are crying everywhere now that their lies have been exposed.

Yo9can never divide Igbos and Northern states again.....

Expose them all.

why are you guys playing into the hands of the enemy, first you can hate a whole tribe, it will not favour you,you have to choose your battles wisely by being discerning
Get this straight no real yoruba hates ibo,it's only apc supporters and you can find them in many tribes e.g reno omokri, Bashir ahmad,asari dokubo
They are found everywhere, what is common to them is that they are all apc apologist, they do what they do for political power,they can use anything, just like they used boko haram and fuel subsidy protest
If it were to be yoruba vs ibo,you won't find pa ayo Adebanjo on the side of the ibo neither will you find dele farotimi,and myself or many other yorubas routing for the igbos, for majority of yorubas humanity comes first
Please always differentiate ,they are APC supporters

Omoboricash:
Before i could beleive this narrative, can we have the name of victim of that coup and also the beneficiary of the coup. Let compare and contrast. Then we can draw our conclusion.
By mere just putting out statement without presenting fact and fugure would not go well with me.

go and read the books recommended, if you are still not satisfied with an eye witness account like IBB ,then you have your own agenda

masterfactor:
Lies from the PIT of hell, it was an Igbo coup, nobody should twist history.

Reno omokri is that you

OldNORSE:
DONT attempt to weaken this revelation by attaching Rufai’s name like he was the one who said it. BABANGIDA who was part and parcel of the Army and also a beneficiary of the coup said it with his full chest!

Just like clockwork, hundreds of threads created yesterday naming IBB as the one who said it was ignored for the one naming Rufai Oseni. Nairaland, una no dey hide una bigotry again. This one is glaring for the world to see!

Reno omokri will soon come out with his own narrative he will even say ibb now have dementia and can no longer remember things very well or that he is lying

ValarDoharis:
Tinubu is extremely incompetent and running a corrupt government

Tinubu is such a selfish person and his stupid supporters fail to see him for who he truly is, maybe because of their low IQ,how else would they be seeing an incompetent man as a messiah or reformer
Tinubu just wanted more money for himself and his cronies for their lavish life style without a care about other constituents in the country
You see that in his spending, you ask others to endure hardship but you are buying expensive jeeps for the political class renovating in billions, buying yacht not needed,limousine not needed, sharing unimpactful palliatives and other form of wastages
All this shows some one who doesn't care or believe in any reform, just a means to an end ,more revenue, for more reckless spending

fuckJones:
APC is simply the best

How can a party that turned the country to the poverty capital of the whole world be the best

Elvis2kay:
Come to Denmark and see the wonder TAX payment is doing... you can't eat your cake and have it.

Read and understand
You don't tax anyhow there is a science and a art to tax otherwise you get wrong
That's the gist of the write up, the writer is not saying don't tax

dibunotion:
Nigeria has subtle tax laws, poorly implemented and exploited by most. And this should be every government primary source of revenue.
As long as these new reforms will be equitable, devoid of exploitation and corruption then it should be embraced.
Just because you hate someone doesn't mean all their acts are evil. Even saints are prone to errors

"No Country Has Ever Taxed Itself Into Prosperity." To quote kayberg
That is what is happening to Tinubu, Mr lover,lover

gsmphoneseller:
Proud OMOLUABI'S

Yoruba kwenu...

President fraud.
Governors fraud
Kings fraud.
Imams fraud.
Pastors fraud.
Bishops fraud.


An ethnic group that honour's a d celebrate only the fraudulent ones amongst them.

So far the person have money
Even if they the people don't have access to the money, they still worship the man,they full nairaland
They have lost their values

TruthHurts1:
APC is really the worst thing to ever happen to Nigeria.

The rapid devaluation of the Naira started in 2015 when the utterly incompetent, gworo chewing Fulani Herdman from Daura began ruining the country while Tulumbu stood by and hailed him as a genius.

Binance was not even in existence in 2015, but the Agbado tout wants to hang his blunders on them and make them a scape goat.

Maybe Nigerians will finally learn their lesson after 4 years of this MU-MU ticket inspired incompetence.

They are always looking for scape goats ,remember aboki fx
Please I will beg of you and any like mind you know, let's make the sacrifice and liberate this country from APC otherwise we are all dead

IfnobeGod20:
Did you read this portion of my comment at all?
"You need explain how a non member of a party was able to destabilise that party when the same members of ACN are at loggerheads with members of Afenifere since 2006".
This is not surgical replying you, it is a different person and I was of age in this period you mentioned and Mimiko's story is not strange to me. Same with Baba Adebanjo.
This is why I asked you to shed more light to this your assertion, how Baba Adebanjo who wasn't a member of ACN was able to destabilised the party, even Afenifere members were at loggerheads with members of ACN. Please I need more light.

The guy is coloured by tribe and party ,he cannot be reasonable, its useless engaging before you know now ,he will turn to abuse,their normal trade mark

richiemcgold:
RIP to Baba Adebanjo. He and Pa Fashoranti were 2 of the few remaining surviving followers of Awolowo.
One big political mistake he made was pitching his tent away from other prominent members of afenifere when he should have remained neutral. It is always good to think tomorrow before making any friendship with Nigerian politicians. It doesn't worth it because their game is too dirty.

That is what separate him and you including your mentors
He has integrity,detriballised,had a world view rather than your myopic view,do not worship money like you,stand for the truth unlike you who truth do not matter ,he is selfless unlike you and your mentor including fashoranti who are self serving
He is a giant who is recognised on earth and heaven but you and the people you represent are only fit for worldly feats ,accolades and materials ephemeral fleeting things

Racoon:
Suddenly the FG is begging retailers to cut down the end cost of consumables after its foolish grandstanding dishing out fake statistics and impression of what is not reality.

The FG can't just be day dreaming while thinking it unfeasible economic shock measures is just going to autoregulate the cost of goods and services.

The galloping inflation, free fall of the naira, constricting taxation policies among other factors are not going to make it easy for retailers and consumers

not forgetting high interest rates orchestrated by the cbn

freemanq:
What a statement from the federal government who doesn't care about it's citizens,All they care about is making more money from it's citizens

They see us as maga,we must pay

PresidObi:
They are crazy.

Let's see them reduce fuel prices, reduce dollar prices and reduce corruption in government.

Don't mind them evil people, they are increasing all prices within the purview of government and asking private individuals that are adversely affected to reduce their prices
So individuals should provide the people subsidy the government had labelled wasteful

PresidObi:
Suffer no dey tire you bros?

He is a robot, he no dey use blood and no they feel
He cannot respond to economic crisis like humans will, I think you now understand

Bluntemperor:
Bitter-man,you want Foreign Money 💰 ( FOREX) to be exchanged to N700 for a Dollar- then Work hard to earn More On Productivity- Exports of Goods Abroad!
Stop thinking 🤔 virile,as we all needs to play our Part.e.g many of us took political blunder- when Emiefiele was --at CBN - and All the FOREX money gone,
-NTrillions of Expenditures in Ways and Means- Unaccounted For by your Emiefiele.
-NBillions of Anchor Borrowers Farmers Money 🤑,gone,with Emiefiele!
•Did you know that Economic Implications of the Above?- No Food for Nigerians- - as the Farmers Money are not getting to them- because of Compromised and Manipulation Situations,etc, at CBN then - we are now experiencing the Long - Term Effects - On Our Foodstuffs- No Good diet on the Tables of Poor Man.
-Kiss the TRUTH!

The guy is not asking for too much it can even get better but you guys are used to punishing the people rather than govern to improve their lives
What you requested of him is job of your government not the individual that made the comment, a serious government don't devalue when it has nothing to export ,a responsible government don't leave its foreign exchange to market forces,that's only done in text books
Besides, eliminating the corruption in the fx market,stopping importation of Petroleum products and putting an end to the dollarisation of the economy will greatly improve the fx rate but the government will not do it because they are beneficiary

As e dey sweet us e go dey pain the immigration officials, wey dey take Ghana must go dey pack money go home before the appointment of this man
Those guys frustrated many Nigerians
Kudos to olubumi,more grease to your elbow

sharpwriter:
You ain't correct about the 1500 5gb plan. Instead of a week now, it is has been reduced to 2 days or you do 1500 per week for only 3.5gb now.

This administration is really wiring us cobocco mercilessly.

but inflation is coming down, that means prices are coming down including telecoms tariff,abi na lie dem they lie

Chuksmemgbe:
What an evil regime
How can one hour per week be regarded as employed, what sought of wickedness is this

will such income be able to sustain such a person
The guy is a dubious man ,everything about him is dubious,never straight

rofanx13:
I said it that the new inflation f8gure released by NBS is not realistic. Food inflation jumped from 39% to 24% over night? And the prices of food I still rising?
What a joke of a country

Shame on NBS. They are now an arm of APC

That is why he is appointing his people in key positions, so they can do his bidding
It is now clear how he is going to achieve his 15% inflation isonu by just telling NBS to pronounce it and viola the new rate of inflation will come down magically to 15 or lower
We will see magic as we approach 2027

Odin13:
If this tweet is legit ..

Walahi …Tinubu and his ronu humans would be having sleepless night going forward till27”

Next is Abuke of a woman claiming this for government


Good one

if Obama can do it nothing wrong if trump also do it

anonimi:
Please what part of this comment answers the question about the integrity of leaders doing what they promised

The man never promised you anything

chukwubyk:
Useless government using pages of newspapers to reduce inflation.
I know it will come to this when the mediocre president said he would reduce inflation from 34.6 to 15 percent without saying how he would achieve it.
Now he is reducing it on the pages of newspapers.
How did the statistics come?

My brother this is how he intends to get to the 15% it's going to be even 14.75%,they will tell you they surpass their target
This is government that is increasing cost from all angles ,how is that going to bring down inflation, there is a new increament in telecomminication tariff and bank card charges
How will these reduce inflation except on papers

anonimi:
What do you have against leaders of inmtegrity- those who do what they say and promise while interviewing (campaigning) for the job?

Would you say that Trump has more integrity than T-Pain

devaluation is good if you have products to sell but Nigeria is a net importer,such policy will hurt more than it helps
The policy puts the cat before the horse,it would have been better if the reverse were to be the case

anonimi:
If the borders are opened for more imports, what will happen to the dollar rate?

How will that help T-Pain attain his short term goal of N300/$1

That's a mirage besides Tinubu has no such intentions, his intention is to generate more revenue anywhere anyhow a higher forex rate align with that