₦airaland Forum

seborrhic:
The Nation newspaper trying very hard,but very laughable to use propaganda to shore up the tarnished image of Emilokan.
What will EFCC do to shore u the naira when crooks like Akpabio are walking not just free but with enhanced powers in Nigeria.
The bitter truth is that so long that Nigeria is ruled by corrupt people,no amount of meetings can effectively curtail the doom we face.

BigBlackPreek:
All of una na criminals, all these arise TV hosts are just a stooge installed by our evil leaders to sing their praises

Basicend:
Hmm. We are watching on 8K screen:

During Tinubu's inauguration, witches all over the nation gathered and said they are the one installing him. It was not hidden. They flagged him as their product.

So, are we all seeing the results gradually?

haffaze777:
Pained ass

haffaze777:
They're wiser

haffaze777:
Nairaland mods are not madman who will take this trash to front page

paramakina202:
Make you give us update the six months don pass already. Have his policies fix the economy?

marlow1962:

REDshouse:
Atleast not on Gbajue level

SoNature:
That's what you get when dubious people are running your country. Loot the resources of the country with bogus deals, make people believe that they are here to fix the country and hire bunch of jobless youths to defend them online.

CharleyBright:
Like a Leader of a bandit Group, Tinubu is running this country down with his cartels of criminals.
It is not surprising that Tinubu made his henchmen to head the CBN, the Finance Ministry, while he himself is the Petroleum Minister thereby making his boys from the Yoruba tribe to head the financial sectors.

CharleyBright:
Like a Leader of a bandit Group, Tinubu is running this country down with his cartels of criminals.
It is not surprising that Tinubu made his henchmen to head the CBN, the Finance Ministry, while he himself is the Petroleum Minister thereby making his boys from the Yoruba tribe to head the financial sectors.

Agboriotejoye:
The man made very good points.
What should have been done first before "floating" is what is being done last. No wonder manufacturing firms were jumping ship. The would have been the sacrificial lamb for the mistake of floating.
The corruption side needs to be tackled. But can dogs eat dogs?

Fergie001 let's educate Nigerians

lonecatt:
you have painted a clearer picture now

Bigkoko:
Is Asiwaju ready to take on Dangote for the naira to breathe well again? If not, expect the downward spiral to hit 2500ngn soon!

If you get where you fit borrow 30,000,000Ngn, go borrow am and stock up USD or crypto. After 90 day's, you go thank me and even offer some token to show appreciation!

Validated:
$5.28B, that is if you assume that repayment would be in 2028. However, since we are already supplying 90000 barrels daily, the interest would be about $1.4b. Hence actual repayment would be $4.7B. What this means is that some people have technically swindled Nigeria of $7.3B over next 5 years or $1.4Billion yearly.

In the spirit of transparency who are behind the SPV registered in the Bahamas?

Clearly, we now see why they desperately want to be in Federal Government.

Bigkoko:
They never see anything? I work as contractor for people working with PWC, Young and others, if I tell you some economic indices I see, bruh you go find money run commot from Nigeria!

Bigkoko:
Efcc raided Dangote office. Then Asiwaju got a call, our busy body, too much grammar Efcc boss backed off. You see I like Asiwaju for one thing, he could be stubborn at times..... that's if there's nothing to lose, but he has something to loose: 2027. So I don't expect him to apply more pressure. Dangote is bigger than Asiwaju. Truth be told, Asiwaju really wants to help but the people behind all these are big and have something to make him carve.

Back to oga Dangote.
Few years ago, Dangote was broke and cash strapped. Western lenders won't talk to him. Buhari was not too ok because rescuing a big rich man comes with unintended consequences... your local currency will go! Dangote handlers sold Emefiele and Buhari a dummy; a Nigerian -Dangote JV. All hogwash. That's for another day though!

Dangote is not off himself, he's tied, like most people who make their money through Deals with Bretton Woods institutions, to agreements he has no option but to follow through.

One of such agreements is ditching the Nigerian crude, with less logistic palaver for American crude with lots of logistics nightmare for a subsaharan country.

But one thing most people, especially the badly educated ones, the political jobbers and those with corn in their back pocket, refused to see is that Dangote is the most dangerous Nigerian alive, not politically or sectarianly but economically. These are my reasons.

1. CBN gov Emefiele & Buhari funded a broke Dangote with our FX reserves when western lenders won't cut him a slack. They even tried to destroyed him with a flimsy bitch in a hotel. Buhari & Emefiele sallied to the rescue. Wrong move. With more than $2 billion dollars cash, they rescued him. $2B for a project that would not impact sufficiently? Common...our leaders are dumb! $2B spread to 5000 smes would make Nigeria give India a hot Chase! Let's assume 50% of the $2B were stolen as usual, $1B in the right hands of local businesses will do a healthy economic revamp!
What should be preferred? $2b for one project that would employ less than 1,000 persons, most of them sourced from India or $2b for 5000 smes with capacity to employ at least 5 directly. Numbers is everything! Well, they foolishly gave him access to our reserves, and Naira took a dip.

2. Dangote, Emefiele and Buhari knew all along that there's no crude oil to give Dangote....80% of crude production is tied to loans already collected, stolen or misapplied... They knew Dangote will have to source from abroad.... this is where it gets really dangerous for the local economy and people. Dangote will buy crude from the US in dollars, and Dangote will refine the crude in Nigeria and sell in Naira. After selling in Naira where will Dangote get USD to buy next batch of crude oil? Sorry bruh.... Dollar is going to 2500ngn Hahaha 🤣🤣🤣🤣 Sense no go kill Bigkoko hahaha 🤣🤣🤣🤣. Asiwaju knows this, that's why he initially authorized a raid on his Lagos office. But Dangote handler's get mouth pass Asiwaju!

Govt & black market people will have to keep at least $5b monthly for Dangote to meet up on his payment in exchange to the naira you guys would bring to buy PMs. sometimes you will be forced to save a useless entity because of how big it is and who has mouth in it! That's Dangote issue!

By his decision to buy crude from US, perish any hope of the naira recovering. Even dumb Buhari know that if you float your currency, you are toast!

Anything the Igbos kick against, my dear, don't attempt it. Sense no go kell Igbo people.

MadamExcellency:
This is also a money laundering scheme.

yang:
Na alpha beta way

Thiefnuinibu has heaped a huge loan to Nigeria through a shell company

We told you he is a big thief

The problem is the urchins who voted this thief and turn around to queue for visa

Idiot's