₦airaland Forum

Nairalanders should read this well written piece and digest it,except Tinubu makes a u turn ,he is headed into the Bush with his policies, therefore,all this elefokanbale by his boys is to buy time, let's be patient, you endure pain to get gain are all lies ,it will end in more pains,we've passed through this road before, Tinubu is too proud to learn from history
Anybody telling you there is light at the end of this Tinubu tunnel is lieing to you

gidgiddy:
Yeah, this "truth" that people see while Tinubu is office, but turned blind to while Jonathan was in office

and somebody is hailing him he is intelligent, from 1998 to 2014 according to him several successive government moved the exchange rate from 21naira to 140 naira and one person in 8months moved it from 500 to almost 1600 ,is it not clear where the problem is,others did theirs with sense, this one did his own with foolishness and called it courage

Fact

Massiveglory:
This looks more like a distraction tactics by tinubu and his goons.

Tinubu and his government should open the case of hunger , insecurity and dead economy happening now.
The nation is collasping speedily.
Nigerians are dying in their numbers

He doesn't want journalists to be on his case as they are now ,he wants to compromise them, unfortunately this is 2024 every one is a journalists, if the media refuse to report stories, an individual can do that ,nothing can be swept under the carpet again, or use false narratives to divert our attention

Geopex:
many are just saying rubbish here and blaming people for voting a man they believed in his ability. I can start blaming him if he failed to build or repair refineries. we don't have business importing fule outside this nation when we have the crude, whats stopping all those previous leaders building refineries and stop importing. on the issue of fx and dollar rate, why do we keep importing what we eat, what happened to bushes we have around us to cultivate and feed ourselves. as for security, been a single Nigeria with the whole structure of the country, security issue can't be solve. what happened to energy sector and generating electricity before tinubu became the president, why can't they solve power issue. naija is design to fail, no president can solve it. period

so you guys are 419 then, you and your oga Tinubu and your party APShit, why did you guys apply for the job when you know you have no capacity to deliver. You deceived nigerians

toujurs:
I built Lagos, . Can't build anymore.

Buhari left with the cement

hedeybody:
Investors are going to consider this.. it cost the investors half the price to invest in Nigeria than ghana or kenya

Then idiots like reno omokri,and Mr no common sense and apc vuvuzellas will be there advicing the populace to boycott their products,because they are not Nigerian products, like they are advising against mtn, dstv etc,the investor will then go bankrupt because of lack of patronage, aside other factors that are also skewed against them which investor will be foolish to invest in such a country

EponObi:
I guess you were still in your mother's womb when Buhari's administration was negotiating and signing deals with Dangote.

And I guess the experts at Dangote Refinery are just sitting around and watching Telemundo.

😒 Quite funny.

you lack capacity to process information for you to know that, that is not what will solve Nigeria problem, rather it will compound it.

Dubetex96:
His body doesn't matter he can use his brain


Master strategies


First class accountant from Havard


He built Lagos he will build Nigeria


Infact we shall teach pit Obi lesson


Tinubu till 2096.

All lies out of all the governors from his party including him that govern lagos, it was only Ambode that did a decent job, others were just average nothing special ,even with great humongous resources available to them,if he couldn't do it in Lagos, he can't do it in Nigeria, unfortunately this is the last bus stop propaganda can help him,everything is being exposed

EponObi:
One thing you can't deny is that Yemi Cardoso is a breath of fresh air at the central bank. Calm, smart, strategic, precise, and BOLD!

I remember Ewelele doing gidigbo on national tv with abokiFX when he made that silly "You to fight? Come out and fight" statement or close.

This is Yemi fighting the same battle without noise. Respect a beg! ☺️

Abeg all this na distraction, stop fuel importation and you will save forex and increase the value of naira
The government is not ready yet when they are ready they will do the needful

PureFace1:
Illiterate like you calling someone more intelligent than you illiterate, so ironic. Idiot like you that don't even understand what defending the naira against the dollar mean.

if supporting evil means intelligence ,then you are intelligent

PureFace1:
Nigeria no longer have money to keep defending the naira.

Even If Atiku or Obi was the one there we would be going through the same shit right now.

you are an illiterate, defending the naira against, who or what, they will just give you guys words to be marketing about ,you will not ask for proper understanding so you can know how to go about it, without disgracing your self or sound stupid
Your Tinubu went about the whole thing like a drunk,without proper thought, no amount of propaganda, lies,white wash can make him look good again except you guys are just deceiving your self,the people are feeling it everywhere words alone ,stories like you and your ilk are saying about can not enter anyone ear
You are on your own

crossfm:
Hehehe.

The man who built Dubai,China,Indonesia, London and finally Lagos is finding it difficult to build Nigeria .

It's not his fault, building materials is now very expensive,so it's quite difficult to build anything these days.

After all the shouting, "subsidy is gone, subsidy is gone", now look at the story we are hearing.

lies has expiry date my brother

killsmith:
The question remains. Why do the yorubas worship such a callous person?

I am a yoruba man I don't worship him and there are millions like that,he has and effective media propaganda machinery and loud hooligans, that's why you think he has many followers, go to the media now and see the majority of people cursing him are the yorubas especially the downtrodden that were deceived by his foot soldiers. Lies and deceit has expiry date,that date has come

Godfullsam:
You can't force anyone to sell his/her product at your desired rate in an open market.

The govt. should revert to cashless policy as soon as possible and begin to tactically mop up the excess money already in circulation.

Everyone should brace up for this year's planting season, each house hold should plant something..

in what location

olatade:
Only one month is coming on Friday just to scam our union leaders

Tinubu na scam from time immemorial

Racoon:
Have you heard about the law of karma? This is to remind everyone that you have to be careful what you do or sow cause you will surely gonna reap the fruit thereof one day. Everyday you are just proving yourself to be a warped mummified humanity with zero sense of rational reasoning.

you are very correct, there is this youruba adage that say for the person that always pulling people down, that his end will come when he could no longer do that again, that is what has happened to Tinubu, he was the architect behind all these ,he has been doing it for a long time, now he has the pinnacle but his karma has also arrived, for you to recognise it as karma ,you will see it is self inflicted, not external, and avoidable but arrogance and pride made him made a profound policy statement without the input of his team and the storm has been gathering since

PoliteActivist:
Nope, floating iis not devaluing at all. Let's say the true market value is $1=N2K, and the government intentionally pegs it at $1=N3K, that's devaluation. Most people will no longer be able to afford anything foreign and be forced to look inwards. So also most foreign travels will cease. Those in diaspora will be comming home to buy, invest, and vacation - no matter the amount of insecurity (that's just how people are), foreign countries will look for ways to assemble in Nigeria, remote work, etc. Nigerians will device all sorts of ways to make dollars!

This theoretical, why have uk ,us other countries devalue their currency or don't they want prosperity like you deserve, its because it doesn't work that way
It is just grammar floating is devaluation it's same thing coined in another way, they both achieve same thing, and this market forces you guys alway talk about does not always allocate efficiently ,reason no serious government leaves the value of its currency to the vagries of market forces
My last line on this ,the experiment the voodoo economy has always advocated has been implemented now, we are waiting to see the eldorado it will bring, I hope they won't change the narrative latter after seeing the irreparable damage the ill coincided idea is
I just hope in the long run we are not all dead
Because they are going to be telling us the eldorado is in the long run

Tinubu is not there for Nigerians but for himself and friends, the earlier Nigerians get this the better for them, they should resist the brain wash by his supporters who doesn't know better
A very good example is the salary award promised to workers 35k,pension 25k since he promised this he has only paid workers 2times pensioners nothing, meanwhile it is his policies that has devalued peoples income and thereby making them poorer,he deceived the labour union with announcements of the award he does not intend to fulfil because the people mean nothing to him,but he was quick to buy 160million naira vehicles for each national assembly members without delay, billions in renovation without delay, humongous allowances for legislators and ministers without delay,approve 500m for inauguration of wage committe he will not implement its report,wastages and corruption everywhere but anything that can give people some respite will have to take backstage,is that how a leader behaves
Tinubu as a leader is wicked, insensitive,callous and selfish.
He believes so much in his propaganda machinery to always bail him out.

PoliteActivist:
But we are talking of floating NOT devaluation as China practices. Do you know some products you buy made in China and be wondering how they can be so cheap were bought in China for 20% of what you paid?!
And how do you think Nigeria will be forced to stop being a monoproduct country dependent on imports?

floating and devaluing is the same thing at least from the effect
We have been devaluing in Nigeria or aiming at proper value for the naira for a long time and we have never achieved what they preach we will get if we take the prescription I wonder why our leaders still fall for same bull shit
To move away from monoproduct, we must diversity, Starr from product we have comparative advantage in
We mustn't put the cart before the horse as we have done,the country is a going concern is not dieing anytime soon,why take hasty decisions, proper thoughts must be put Into our policy formulation,and government should endeavour to avoid voodoo economist at all cost,they are bad news always

PoliteActivist:
*Politeness*
I modified my post. See above. It is not economic jargon, it is common sense. If my money can buy more in your house, I'd like your house and buy stuff from your house... until I realize I'm giving you all my money!

What you are saying is theoretical, we've seen the devastating effect of such policy,our voodoo economist always forget their parlance cetris paribus when postulating
They just copy and paste
China that is devaluing, we don't have same environment and values, so we can't get same result, e.g their leaders are less corrupt,they put their nation first unlike our own,they have highly developed infrastructure that can aid production,their government supports their industries big or small with whatever they need,the have adequate factors of production,men, capital, technology, enabling environment
Above all they have mirages of products to export to generate the required forex
Unlike Nigeria that is a monoproduct country, who doest even have control over the price of the product or even quantity to produce
How is such a country going to benefit from devaluation or floating, impossible

Kingrshd3:
Make Una create or bake wheat bread or use local materials and leave oyibo bread alone

That's an opportunity for you,explore it

Goodnewsforlife:
Track records speak more than words, I voted him based on his past records that outshine that of other contestants

If tinubu could b struggling like this, I wonder what would have become of other candidates

As if people have not ruled this country before with better performance, your guys is just an over hyped yahoo guy,skilled only in street jobs not organised setting or governance, if not for him coming to the center,he would not have been exposed as empty ,the same way fashola was also exposed at the center after serious hype as a super governor, who turned lagos to dubai only to flop with just 3 ministries just like the builder of lagos has now failed woefully and blaming buhari for going away with the cement

nnachukz:
Just shoot the man at his balls, when they were campaigning for Muslim Muslim tickets in their mosques they never considered anything else except religion. Any APC member that complains about hunger should be hanged. Let them eat party and religion.

hmmm,let them eat party and religion, that's a very good advice but they won't take it,because they are hypocrites

Kenochi:
I have always wondered why Nigerians have resolved to not use this situation to bring proferr solutions to this food crisis

The three biggest factors militating against this so called food crisis are security, high cost of logistics to evacuate the food produced and infrastructure
Apart from the challenge of security which the governors have limited control over,why aren't they setting up logistics company and providing the infrastructure to help the struggling farmers

All we are hearing is Venezuela,can't this people start buying tractors and modernising agriculture across their states
A state like Ogun state can feed the whole of the South West,the Religious organizations in that state alone have close to 10,000 Hectares for religious activities and the state can't point to a single farm owned by the state

Abeg let them stop all this Venezuela talk and put on their thinking caps,as for security didn't I just read that Edo State(PDP state) just recruited 1500 Vigilante to help protect the state
A word is enough for the wise

what they are saying which you don't understand is that the cause of the problem is a policy issue just like Venezuela the consequences might be grave, all the things you highlighted where there before Tinubu took over power, what changed and aggravated the decision Tinubu took, it was not well thought out,the problem will persist if he continues to sticks to them .

ReubenE:
Shut it man.
US has less than 5% of their population into farming but are able to produce enough food.
Nigeria has more than 40% of the population into agriculture yet there is food crisis. You think the number of Nigerians into agriculture is not enough that's why we import food?

Where is your own farm btw

APC people are daft people that's why they produce mediocre government
You will know them by their watery arguments

obasiken:
It is not good to substitute a player in the first 10mins.
Economists are like preachers who only preach from the Book of Revelation. They always assume the worst and believe that without their theories the country's economy will fall. Bankers i believe are more practical.

We have to be careful before we end up with End Time Economists.

like Lamido Sanusi who mislead Tinubu and now going about to do damage control by shifting the blame on buhari, he is not man enough to admit his prescription failed

Goodnewsforlife:
8 million Nigerians

The fact he didn’t win in your region doesn’t mean he didn’t win in other regions

Get used to the reality that tinubu is your president

you that want to sacrifice your life for Tinubu, what is your gain,or don't you too deserve a good life ,all this my region or my person is better than yours is childish and foolish

optionalY09:
If you match to anywhere you will die.

Just wait for a new foundation to be built for things to work.
Buhari broke previously build foundation and dug a pit

you think you are talking to children ,thesame buhari you guys told us 16 years of pdp rule has destroyed the country that buhari is building that we should be patient, now its buhar which you guys put there and vouched for has destroyed the country and as usual the new man you guys put in power has started your imaginary foundation and building people should again wait
Oga ,this is scam nobody is interested in you people 's lies,you and your party has nothing to offer even of given 40years,look at the team you want to use to deliver magic very mediocre except for the interior minister no other shining light in the team