₦airaland Forum

chatinent:
Can we rightly say Tinubu is the worst thing that happened to Nigeria?

Why?

thelegend1:
I like your moniker "Throwback" and really wish you apply it in relation to your post.

Here's my response though
- I have no issue with Subsidy removal. But where is the cost savings and the gains to the economy as at today?
- If you "Throwback" to the statement of making the country ungovernable by certain individuals with cult following who weaponized tribalism and religion...then you'd understand the quagmire Jona was in.

On a final note, Jonathan had a stellar cabinet of performing Ministers and govt parastatals. Since APC have been in power, all their people come and go, and are quickly forgotten.

Stellar like Stella Oduah and Diezani?

Or performing like Okonjo-Iweala who was already borrowing to pay civil servants salaries and foretelling us about the gloomy economy that was already at our doorstep?

All this useless talk is because he wasn't bundled into jail as Buhari should have done.

Dasuki security funds of over $2b that was used by the Jonathan Presidency and PDP to prosecute his failed reelection, is enough to tell you that your thought is a symptom of Malaria.

Lastmessenger2:
but the last days will not come until the muslims kill all the Jews. Why are you now crying when what you planned for Jews is being dished out to you in a golden plate in a golden

Tell the refugee Jews to exit from the arab owned Palestine.

Righteousness2:
You have no atom of humanity.
Your heart is as darkened as Darkness.
You hide under the cover of terrorists to form love for humanity. What an Evil sa6anic love.

Your Heart is filled with Hate for Jews all because of the favor and covenant they have with God.

No army on Earth today is as compassionate as the IDF in a war.

No war on Earth has had less "innocent casualties" as Israel has done in this war.

But your Hate for Jews and Israel has blinded your Eyes to reality.
You wish the Jews to be wiped out from existence unfortunately your wish has failed and will continue to fail
You will continue to cry until ISRAELtakes total victory.

GOD Bless the IDF.
GOD Bless ISRAEL.

Spoken with misguided religious inferiority complex.

And you deranged religious fanatic consider yourself a human?

Only goes to show that regardless of the brand of church, same abuses seen during the Catholic era of European domination would reoccur if the church is ever allowed such power again.

This is over the top religious madness mistaken as piety.

God1000:
Why is the world allowing this to happen?

US is waking up too late after aiding and abetting mass genocide.

Even wild animals don't hate each other this much.

US is already emasculated by Jews in critical positions in US politics and economy.

You saw how they threatened Elon Musk that he had to back track and keep quiet.

PHIPEX:
Why South Africa Carry this case for head, wetin Isreal do them?

The funny thing is that Boko Haram, Hamas and ISIS will.not waste time to eliminate any South African them come in contact with

The South Africans have experienced when foreigners come to your land and take over and push you to a corner of what is fully yours.

The Jewish refugees who left Russia and Poland and Germany to return to a region they had been ejected from for almost 2000 years by the Romans, have no right over the lands that the Arabs had been living on since the 7th century.

Do you know that the first set of 6 Prime Ministers of Israel that was formed in 1947, were all born outside of Palestine?

They were all born in Europe.

How does a refugee tribe displace the original modern occupants of the land that trace their unbroken ownership to the past 1300 years?

Expected from Israel and her inferiority complex minions all over the world.

You mean things were better because the likes of Tinubu as opposition did not allow him remove subsidy?

Would he be coming now to return the subsidy that Tinubu removed?

Does it mean any insecurity is not the responsibility of the government in power as you have given excuse for Jonathan's regime failure to tackle insecurity?

Ckonnet:
Disaster that could have been avoided!!

Avoided by implementing the same policies?

Or did the other top candidates for Presidency not support the subsidy removal and floating of the Naira?

Now that it has leaked, let them explain what the N1b is meant for.

OK!

Let them explain the purpose of the N1B.

This is wonderful.

What were we using Dollars to do inside Nigeria?

Collect your Naira and spend it as it is.

Next is to clean out those who have dollars in their domiciliary account while suffocating those who are carrying dollars cash about.

Those who have no business with foreign currency must be made to see it like Ebola.

Brendaniel:
Which one did Buhari attend in his 8 years?

Peter Obi does not need to be president to show his love for Nigeria he has done that many times by visiting teams in tournaments to show support, Tinubu is just chasing clout and that is because the north and Yoruba people are angry with him due to bad governance, Tinubu does not love Nigeria, he only gives support for his selfish interest, show me any time in the past he gave support to any Nigerian team in sports internationally by visiting them on the game like he is doing now and I will take you serious...

Which final match did Nigeria play for a continental or World tournament for Buhari to have attended?

Brendaniel:
He wants to use the football to reduce the annoyance of people on him, he thinks it will work, people might only get more angry with him...

Show me any football competition in the past Tinubu has attended for Nigeria like Peter Obi has done in the past, Tinubu sorry it won't work, the AFCON trophy will not reduce the price of fuel...

It is normal for Presidents to attend the final that involves their country.

It is done everywhere, so nothing new.

Tell your Peter Obi to go and become President, then he can be invited into the state box.

grandstar:
Why is the export of construction materials illegal? This is a source of foreign exchange.

Rather, the companies should be encouraged to expand capacity

With which export license?

The only thing Israel knows is to be shouting antisemitism up and down, while being a terrible nuisance at the same time.

A refugee stateless people from Europe that caused the instability of the Middle-East as we have all grown to know it, then using their media power to silence anyone who dares to challenge them.

Even in biblical times, they were still a notorious and genocidal land grabbing aggressive rogue nation.

Zionist Isreal is that nuisance rat that will be feeding on you while blowing on your sores to cool it.

Good!

Economic treason is the greatest problem that Nigeria is facing.

Treasonous smuggling of commodities that ought to be sold in Nigeria.

Treasonous stockpiling of foreign currencies bought with Naira inside Nigeria.

Treasonous foreign healthcare with Nigerian funds.

Treasonous foreign education with Nigerian funds.

Block everything, so we all die here.

Only then will we come to terms that we only have Nigeria or we all perish.

Ok

History555:
Even locally produced cement using locally sourced raw materials is going up.

We are a crazy forex madness people in Nigeria.

Na Forex also affect cement price?

Make we dey decieve ourselves.

To solve our economic problems, the government should firstly purge Nigerians of our obsession with forex.

jumokeadele:
Just because you know you can't afford to school abroad. Even Americans school in UK and vice versa

Are we at the elite economic level of US or UK?

Do we even measure up to BRICS economies and their infrastructures?


We are talking about saving our own economy.

It is just a 10yr embargo that will stop the bleeding.

Any Nigerian that can source funds from work abroad, can spend it on the schools abroad.

But that N18m to N25m you want to go spend abroad that is earned from the Nigerian economy, you must spend it in UNN or Unijos.

After 10yrs we can take stock of how we have improved our local education sector.

Stop the bleeding.

GeneralDae:
The problem with all these is that the more you ban things the more the black market thrives and begin to depart from the official rate. You don't ban outrightly. You ban systematically.

Put in the legislation that makes forex trading outside of the approved channel a capital offence.

Use a few stubborn ones to make a scapegoat landing in jail just because they wanted to use some back channel to get funds for UK education or just to keep dollars as cash in their village in Kaduna, the rest will sit up.

But you continue watching and dispensing swift justice.

The craze to have dollars or any other foreign currency will die as it should.

Cromagnon:
Not tough but stupid measures
You will just block dollar inflows and price will go up
Emefiele tried and even he rescinded the stupid order

That will always happen when back channels exist.

If water-tight, there will be no other channel except the official channels and the Emefiele scenario would not play out again.

Acidosis:
The children of the "CBN guy" who initiated this policy all attended school in the UK, from the eldest to the youngest.

Why do you oppose allowing the less privileged to follow in the footsteps of their "leaders"?


What is your idea of leadership? "Do as I say, not as I do"? I sincerely hope that you are not a Tinubu or Buhari voter/supporter. You lots have something in common.

We cannot undo the education they have received.

But we can ensure that for 10yrs, no Nigerian is educated abroad with funds derived from Nigerian economy/banks.

If they already have funds or assets abroad that can allow them pay for their foreign education, it is not a concern to the Nigerian economy.

But the 10yr embargo will prevent capital flight from Nigeria and rechannel such funds to our own education sector.

STYCNig:
Answer this question;
1. Some10yrs back, I paid some school tuition in dollars... I bought dollars, paid into my dom account then transfer to school account. Why did i not pay in Naira so that US CBN or the monetry policy system in US would convert same to dollar for the school? Why did i have to pay in dollars?

2. Show me any online store in US that accept that you buy and pay with the buyer local currency, so that the monetry policy system would convert to the vendor acct in dollar.

I believe the issues you have raised lie with the CBN. If CBN would effect the policy as it used to exist and without any cap on the amount, then you would be able to pay for any foreign fee using a Naira debit card.

I do not claim to know the specifics, but it was obtainable during the Jonathan regime when I did not have a domiciliary account, yet I used my Naira card to pay for foreign school fees, and also buy goods while in the UAE.

So it all boils down to if the CBN is willing to pay up the funds for the foreign transaction Nigerians make.

Hohaiiiode:
we can all disagree and argue our points for or against an issue , that is what civility means .

All this monkey , bastard and all you are calling yourself thinking you are calling me is non of my problem.

I have fairly been critical of policies I think won’t be beneficial or helpful and likewise will say what I need to say when I think a policy seems okay. We can disagree . But that is the beauty of public discuss.

I am very certain this policy will affect me more than you. I do remittances to Nigeria often and I benefit when my family can sell it and get more value. I have a dollar account with money in it. But I see the loopholes in all this banking practices . It might benefit me or others but the nation is bleeding.

Do I need dormicilary account to make payment to USA , China or where ever ? Purely no! I do international payment from where I am to other places … I don’t need to create a special account for that. I only fill a form and specify the recipient currency. You think this policy will affect you the most ? No!

If well implemented it will affect the corrupt politicians and bankers who for many years have been poorly supervised by cbn and therefor making forex availability so difficult or non existing for those who genuinely need them for whatever purpose.

Please tell them.

The arm chair critics who actually don't want anything to be done.

As if the country can suddenly start exporting more products than importation over a few days or month, yet the policies that can immediately help to reverse the downward fall is still being criticized.

charlsecy:
How could that be?

You no hear say Tinubu worked as a taxi driver in the US before he saved funds for his education?

Let them work and use the money of that foreign economy to pay for their eduction there.

Imagine if the billions that Nigerians spend on foreign education over the last 20yrs had been spent within Nigeria on Nigerian education?

Yet that money came out of Nigeria for the benefit of good academic facilities and good pay for faculty over there.

Stop the bleeding.

BigIyanga:
But it’s their money.. you cant be hating from outside the club. Go and hustle. There is still time to go buy Jamb in order to study Medicine or Nursing/IT /Engineering lol

Dude, I studied engineering in Nigeria and also did further studies in same Engineering in foreign schools.

I earn dollars and I have a Nigerian domiciliary account and foreign bank accounts in whatever country my multinational oil job takes me to.

I do not have any reason to complain about the terrible exchange rate as it is to the benefit of people like me.

That being said, Nigeria is very foolish to allow a poor country like itself be subsidising education and providing infrastructure for UK and US schools.

I know how much people like me cough out to pay a session fee abroad, when we have refused to pay a tithe of it in our own local education.

We need to stop the bleeding.

10yrs embargo on foreign education with funds earned in Nigeria, will only help our own economy and our education sector.

Anyone who wants to study abroad should find his/her way there and work and use monies from that economy to pay for the education they require.

UK ensures that the bulk of the money foreigners make in their economy, stays within their economy.

But we Nigerians that are opportune not to be suffering like the masses, are still pouring out the Nigerian funds into West.

The government need to wake up and employ commonsense but humane policies that will help turn the tide.

All I have said is for the love of my country. There is nothing to gain for me, as I would even be one of those to lose my advantage.

Make I accidentally get to power in Nigeria, una go know say Wike no wicked.

All those crying that they want change, they want reform, but in reality they are just unhappy they are the ones left out of a corrupt and loose system they still want to persist, na formatting I go dispense to everything and everyone.

airsaylongcome:
What is the problem with storing wealth in USD to retain value? In 2018, I lost my well paying job and was left with a “huge” amount of over 2m in RSA. Today that 2m is worthless compared to what I could have done with it in 2018. There’s absolutely no need to go after foreign remote workers with your proposal. Otherwise, many would hold their money in offshore accounts using apps like Wise or Payoneer to the detriment of the banking system here

What made it worthless?

No be exchange rate and currency speculation?

My proposal will help fight such situation.

Ate247:
Oga it's not by force to study in those schools. There is corruption, favoritism, poor facilities, delay in academic calender, etc. The country has failed it citizens.

Yes it is not by force.

So relocate abroad, earn money from abroad, then use it to study abroad.

Nigerian economy should not be subsidising and standardising UK or Canadian universities.

Let Nigerian money work for Nigerian infrastructures.

BigIyanga:
Ejiotic policy. Foreign graduates are the backbone of Naija FX.. they make good 💰£€ when they graduate and send a lot $€£ to Naija. Naija diasporans send more FX to Naija than our annual budget.. dont be hating from outside tje club when you cant get in lol

We have enough of them abroad already.

Let those still in Nigeria help grow Nigeria.

10yrs is not an eternity.

We die here together.

CatchMeIfUCanMO:
With this comment of yours, it is obvious you are not financially stable even to the lowest level.

FYI, that will make the matter wo rse for you and your likes because people will eventually find a way around it and you know what that means.
They won't listen to your stew pead talk because it is not a crime and not even a problem to begin with.

I was expecting you to tell your paymaster and his team to ban foreign medical trips among political appointees and politicians, but no like a slave and master relationship, you won't see any bad in that but in what others choose to do with their money.
You left the real problem and start "shooking" your eyes in what others choose to do with their money and lives, and not what your paymaster and his team are doing with taxpayers money.

Outside Nigeria, people from different countries travel to foreign universities for education and it never affected their countries economies.

What you are suffering from is call en vy, jeal ousy and crab ment ality because you can't get such life, others shouldn't get it.

Healthcare is a right and should not be limited.

Tertiary education is not a right.