BigYash:
Builder when dey mold block inside rain.. No refinery dey work,him say subsidy is gone.. Go float currency join.. The reason why he is still making mouth is because suffer never tire Nigerians. When suffer tire them ,they will occupy aso rock and houses of assembly..

He is thinking the weapons they normally fashion against Nigerians will continue to work in this circumstances, their dive and rule, using ethnicity and religion, unfortunately the economic situation has reset people's brain, they are now less gullible

God1000:
Lol, but sincerely I wish the south west had supported Osinbajo instead of Tinubu.

I don't know why they rejected him.


We are facing existential crisis.

He wouldn't have been different, they have same mentality, he only can talk more smoothly, their values are thesame

Hpesoj:

My God! You're a very terrible person. All you care about is politics, no empathy. You were here for the past 8 years supporting Buhari's government while cursing and insulting critics here. You never said anything about his bad polices that put us in this mess. Now you're here again doing the same thing.


Seriously, I just hope Nigeria's don't a mistake electing someone like you into position of power, because you'll make a terrible leader. You're just a sycophant.

I hope you find something better to do with your miserable life.

cc: NLPOLICEWOMAN

He is a professional praise singer like omokri,Daniel bwala,that is his job,where he earns his living humanity means nothing to them

BodyCount:
Buharì the SENILE corrupt old fool president is worse than IBB and Abacha in terms of corruption.

The weyrey took Nigeria aback by at least 30 years.

courtesy of Tinubu

casualobserver:
Tinubu needs to sustain the Naira float, it will settle where it settles. He should remove subsidy. All these people panicking because there is difficulty only show why successive governments have led to this point. They don’t have the balls to do the right thing. What kind of person is advocating g a return of subsidies either Forex or petrol?

You cannot change your life without pain. If it costs him his second term so be it but he needs to sustain the reforms.

you are Tinubu enemy

DeLaRue:


Any government, whether in Nigeria, USA, Germany etc can always do better. I agree with you on that.

No government anywhere is immune from widespread dissatisfaction. Infact, the majority of people in the US, Germany, UK etc absolutely detests their current leaders.

As to your claim that the government is 'failing seriously,' it would be helpful if you could share your reasons for their failure as you say.

What do you think they seriously need to be doing now that they're not doing. You never know, people from government may be on Nairaland.

They might just get a timely expo from your brilliant ideas.

Please we are waiting.

let them put money in the system to neutralise the erosion of people's purchasing power,pay wage award to the workers and pensioners and palliative to the vulnerable as they promised,pay pension arrears, pay debt to contractors, this will increase aggregate demand ,increase production ,and ultimately employment, it put live to the dull economic activities, there are products but purchasing power is weak,not holding be problem .
Tinubu knows this but not interested in doing it why would he direct stare governors along this line and he refused to do the one within his purview, I think he just wants to set the governors up to direct attention to them too

DeLaRue:


Any government, whether in Nigeria, USA, Germany etc can always do better. I agree with you on that.

No government anywhere is immune from widespread dissatisfaction. Infact, the majority of people in the US, Germany, UK etc absolutely detests their current leaders.

As to your claim that the government is 'failing seriously,' it would be helpful if you could share your reasons for their failure as you say.

What do you think they seriously need to be doing now that they're not doing. You never know, people from government may be on Nairaland.

They might just get a timely expo from your brilliant ideas.

Please we are waiting.

let them put money in the system to neutralise the erosion of people's purchasing power,pay wage award to the workers and pensioners and palliative to the vulnerable as they promised,pay pension arrears, pay debt to contractors, this will increase aggregate demand ,increase production ,and ultimately employment, it put live to the dull economic activities, there are products but purchasing power is weak,not hoarding be problem

jmoore:
Imagine the size of land that will be cultivated if 50 million soldiers plant agbado. We will be exporting excess to earn billions of dollars in forex.

Why is Tinubu not implementing this plan he promised?

Tinubu na guy man now,have you seen his palatine anywhere, or you see anyone that has received his wage award especially pensioners and other vulnerable groups, he told people at campaign that their mind should be at rest ,that as soon as he gets to power he will reduce fuel price but he did the opposite even before he got to aso rock ,he was in a hurry to unleash the pain he intended on his slowpoke supporters

ambale:
Some APC members thinks otherwise ooo, the president is doing well in their account

It would have been worse if it were the other candidates according to them

Let's see how long the country holds up for jere

its just people like Daniel bwala,reno omokri, jesutaga etc that are looking for appointments that are pretending things are not the way they are,they are desperate for jobs

Tjra:
How are the BDCs getting their cash?

Just ban all cash withdrawals from DOM accounts. Every withdrawal should be via FX sales transfer sales to Banks or Foreign suppliers with Form M or any other supporting document in place.

Ban all cash deposits as well. Set a deadline for all potential Dollar cash holders to deposit into their accounts. Something similar to Naira mop up of last year.

Speculators are having a field day because they can speculate/trade with cash and then still bring into the Banking system.

This is the only way ,they know it but will not implement it,because they are benefiting, they are not patriotic enough to forgo their advantages
They need cash to as store of value, also to bribe delegates during primaries, and other sundry bribery they may need to carry out from time to time.

Ckonnet:
We will keep standing on your manhood baba.

Floating of the naira without due consultation was the most stupid act of the century.
These idiots didn't even consider the ripple effect of that single action, I can forgive them for subsidy removal but floating of a weak currency just like that, is too dumb for my liking.
They didn't consider the fact that money in savings or fixed deposit and other instruments will loose value, imagine your millions in your account 7months ago has just loose more than 70% of it's value. Unbelievable!!!

They were listening to those half baked economist who is always on air to postulate their fake hypothesis

IamANigerianMan:

In 80s dollar was nothing in Nigeria, it was your brother and sister that went to Harvard that came up with the devaluating our currency for 32years that brought us to where we are today... If Nigeria stop going to Holyland and refine our crude in Nigeria to hell with dollar

Are you sure those people went to havard, including the present advocates ,because if they do they will learn real economics not voodoo economics they practice

Notfogotten:
Tinubu is planning to borrow and looth 10billion USD in the guise of defending the naira.

Let's assume (without conceding) he will actually borrow without loathing to defend the naira, isn't that most stupid thing to do.

If you borrow 10b USD and defend naira in the short term, won't you pay back the 10b USD with interest in USD?

This government is clueless.

That is the tragedy of a country where the people don't care about who they elect as leaders
For a people who thinks anything goes when recruiting leaders, things usually end up badly ,like what Nigeria is going through now

This omokri is so dumb,in his desperation to belong,he forgot to make use of his brain, what he wrote is absolute thrash that has no relevance to both the problems at hand

braine:
What happened to this guy's corruption case with the other minister? Abi dem don sweep am under carpet as per the usual?

Na enemies, who are envious of his rising profile, the only shining star in this administration

tundebasic:
E Even if the CBN borrows money to stabilize the naira, it will not work now. The value can drop briefly, but it will still go up due to free floating. Borrowing to stabilize the naira can only work if the naira is pegged/fixed. The official market can be controlled while the unofficial markets will be managed.

Na overwise they worry them,they thought other government before them no get sense or don't have courage like the one they have 'reckless courage ' ,they were listening to voodoo economist ,this is the result, now everything jagajaga, everything scatter scatter

Angelfrost:
You imbeciles can't just do without blame games...!

Ribadu is blaming speculators
Onanuga is blaming Peter Obi
Others are blaming Buhari


Meanwhile, Reno is blaming average Nigerians for choosing foreign products over local products as if they are in charge of policy making.

you can see they don't have a team,that is their major problem

Saintinoo:


I don't understanding, did they steal the maize? Is just like asking someone not to move his wares outside Nigeria to sell. Just imagine this useless people.

It is very difficult to understand this people,is that not among the reasons the naira was floated to improve export and earn more forex,why make it look like this people are doing the wrong, or are they not operating a free market again, where demand and supply interacts
There is demand for maize outside the boarders for a private product not Petroleum that have government subsidy o.
Nigerians should come to the rescue of this government, they are confused

123yes:
Nigerians went to Bush and brought fire wood infested with ants automatically lizard will come and work for us. That is the story of Nigeria today. After suffering for good 8 years under Buhari government some people especially on Nairaland still advocates for Tinubu government
APC has only lies, propaganda and blamed game to offer.

my brother I try to understand the type of species the Nigerian is I couldn't phantom it, imagine going through unimaginable hardship under buhari experiencing multidimensional poverty and unimaginable security issues ,where lives had no meaning,worst unemployment in history, including ill-advised currency policy, where Nigerians were using there own money to buy their own money, after going through all this ,you can imagine the people still went out to vote for thesame party, please what were they expecting, were they expecting a better government from thesame back ward party,They are now grumbling and crying

Svoboda:


Govts import substitution model is hurting large segments of the population
At the same time, devaluation is also hurting, because we are not yet net exporters of basic and cheap foods and cement. This is creating some form of scarcity .

This neo liberal model is contradictory and failed woefully in Latin America. It was what led to the rise of leftwing govts in mid 2000s.

They will learn by firce

ChybuzzDD:


Which warehouses are empty, propagandist??

Nigeria has cost-push inflation from Thief-nubu's useless policies of fuel subsidy removal and naira floating, and not the demand-pull inflation is trying to sell tl you.

How did your food scarcity suddenly coincide with the above mentioned policies for the first time in the country

The government should employ you, you are better than the empty heads he is parading as team,you have correctly identified the root cause of this problem going on,therefore will be able to proffer the right solutions
The majority of his supporters can't even identify the problem so how can they solve a problem they don't understand

This gbajue government
This Tinubu is not in power to do anything for the people but for himself and his family and friends,
He has not paid a dime for the vulnerable pensioners since his promise in Sept, he does not like peace he doesn't care about vulnerable groups because he feels they cannot do anything to his government he is trying to pay the award once in a while for workers to prevent shock to his government, while he settle the political class heavily because these are the most dangerous groups who can bring down his government within a twinkle of an eye,so masses if you like be listening to be patient talks ,they are telling you, you go go Tey there,Tinubu no send gentle people

headboyprince:
dont worry its like that in the UK and france... its happening everywhere in the world, it's global recession.

You are right that is how the idiots normally explain away everything, and some how some people do believe them

nairalanda1:


Okay, Nigeria has 123 trillion dollars in it's forex reserve and one naira is equal to 5 dollars.

I guess you are happy now.

wrong policy, listening to imf will do them no good, they could have adopted other measures after proper appraisal, they needn't have devalued,ok now what have they gain or intend to gain apart from pat in the back by their puppeteers

nairalanda1:


Yeah, and replaced by another government that will pay subsides to the max on borrowed money, and then we would be in real trobule and tribulation pretty soon.

90% of income on debt servicing , 4bn forex. Partly due to decades of subsides.

That is the lies you people tell all the time,Nigeria will be doomed,Nigeria will collapse, Nigeria will die,its a big lie Nigeria will not die anything, its a scare tactics of the oppressors to continue to inflict pains on people in the guise of reforms,it would have been better if its knowledgeable people that are in power, the people will know their sacrifice will not be in vain,infact they won't even follow this stale imf prescription

Pickmycall:
God bless tinubu.
God bless federal government of Nigeria.
God bless all tinubu's supporters.
God bless APC.
God bless Nigeria.
What I posted up there are
SARCASM
Una think say I mean am?

The painful part is how they were able to convince the people that they don't deserve any subsidy and the people are the ones giving the government reasons to purnish them with subsidy removal, while the same government continues to subsidy their ostentatious lifestyle

Hezzyluv:
Wahala everywhere for this country.

So Government suddenly woke up and realized it's Aboki BDC that's the cause of the economic hardship the country is currently facing.


A bag of Rice is around 80k, na Aboki cause am?

During buhari it was aboki fx APC are bunch of clowns
Next time when Nigerians sees bunch of desperado, cuning people, with high dose of propaganda they will be wary of such people

killsmith:
Because of APC they attacked and killed igbos for Voting.

They ended up killing their comfort and peace of mind ,enthroning hunger and deprivation, through sheer ignorance and stupidity

killsmith:
The fool still have faith in the crook. He does not have the tiniest wisdom to understand that baba don scam all of them.

He is a failed comedian, he is hustling just like reno omokri, he wants them to look at his side,nothing more,he knows what is happening but his belle will not allow him

Tajbol4splend:
Mock him all you want but Tinubu government has done what governments in the past couldn't do.

He understands how to reform our economy by first removing fuel subsidy which is meant to inevitably cause temporary hardship.

He appointed an efficient Cardoso as CBN Governor who has so far identified the hidden catapult throwing stones at Naira, then naira devaluation (a policy which some people are using to cash out big time, and one which is meant to kill the hunger for dollars and importation.

Tinubu government decisions have been on point even though the results have not been duly communicated to an ordinary layman, and it's no surprise that people who are criticising him haven't come up with something he has done wrong, just insults and curses without substance.

Tinubu is on the right track, personally I never expected him to be prepared for the job because of his health but I am glad he won, and I'm sure by the time his policies start yielding results, we would want him forever.

Batified

you have no capacity to understand what is happening yet you are defending, if subsidy removal is such a great idea,a cure it all like you are saying, your master will not have re introduced it, and end up paying more,this has negated the arguments of you pro subsidy removal, it has been tried and tested and found it cannot be trusted to solve the problem it was meant to solve

Dancebreaker:
In London back in 2022, Baba said in private to that Hausa lady that he has no plans. I knew that was the truth.

In all honesty, Bubu that Tinubu helped to foist on us damaged 9ja so much that he is now hamstrung.

There is a certain arrogance among our people in SW that they know everything better.

Instead of Tinubu considering better qualified/experienced irrespective of tribe, he hired two local sycophants to handle such vital positions.

It's obvious none of them has anything close to NOI, Sanusi Lamido or Soludo. Even Emefiele until he turned political with Bubu's handlers/cabals.

He is a local champion, he just fill the whole positions with members of his social club instead of technocrats

Ogiame:
“We need his BRAIN not his BODY”

“He has been planning for prezidensi since 20 yaaz”

“He built Lagos with half bag of cement and Tamed the pacific Ocean”

“He has First Class degree in Akantin”


“Jagaban is a Master strategist, Obi is a mere trader”




All these and many more were said by his clownish supporters.

See how our Naira and Economy is nose diving... It is safe to call Tinubu an Ineffectual incompetent buffoon.

The one they called drunkard is now better than master strategist by far,time has revealed the truth