₦airaland Forum

This is politics
Let's watch and see
We live and learn

People with brains foresaw this disaster right from 2014 but they were called many names.
Dele Sobowale was one of those that supported Buhari but he made a U-turn and apologized publicly to GEJ.
Nigerians have installed another corrupt file; let's see how it goes.

DeLaRue:
That 40% salary increase was shocking. The questionable agreements the current government is rushing to sign are befuddling.

We need fiscal and monetary tightening to bring our debt profile to a sustainable level, not reckless spending.

Reckless spending = more debt, more debt = increased chance that we default on repayment, default will = crash of the naira to well over N1, 200 to $1. To put things in context, the Egyptian pound lost 50% of its value in 2022 alone. Don't think Naira cannot do the same.

Naira crash = hyper inflation which will finally turn the economy upside down and deliver us into the clutches of the IMF like Ghana, Sri Lanka, Argentina, Egypt, and Lebanon.

Inflation in Lebanon is over 250%. Today, bread in that country costs 50 times as much as it did 3 years ago.

That's the equivalent of buying a N500 loaf of bread for N25,000.

All because they failed to manage their economy properly. I hope Mr Tinubu and his advisers learn from what is happening in these countries.

He needs to declare a debt state of emergency as soon as he gets in and do the following:

1. Temporary ban on salary increases
2. Ban on certain infrastructural projects for 2 years - e.g no new major road construction should be approved. Let's do patching for now
3. Orasanye report or a revised version should be implemented. Many agencies should be abolished or merged
4. Sell off non performing refineries that are still gulping tens of billions annually
5. Get rid of the hundreds of APC hangers-on now swirling around him. If tolerated, these gluttons will be the ruin of this country.

In the mean time:

1. Channel resources into education - elevate university infrastructure, keep agreements made with lecturers, and help our schools produce graduates that can compete on a global level.

2. Increase import duty exponentially on non-essential reckless imports that are destroying the value of the naira. I don't understand why my local supermarket has 4 different types of almond milk. 10 years ago, nobody had heard of almond milk, and we survived. India, Singapore, China etc have these targeted taxes. Nigeria should double - down on high import taxes on certain goods.

3. Spend on improving efficiency in public service delivery.

A few years ago, registering a company was complicated and in many cases required bribing CAC staff. Today, the process is as smooth as butter because the entire process has been moved online and bribery has been eliminated. The efficiency gains are massive. This approach should be adopted across all government departments. It will significantly reduce if not eliminate certain types corruption, at very little cost.

4. Pay down our debt.

5. By the end of year 2, start loosening the purse strings again, but more responsibly than the current govt. Paying down the debt significantly will help to stabilise the Naira, and help Mr Tinubu to start investing in priority infrastructure again. New roads, better schools, well-equipped hospitals etc

Instead of immediate salary increases, he should consider removing all those earning N40, 000 or below from paying any income tax. This will help a large portion of struggling salaried people without causing as much inflationary spike as unrestrained salary increases will do.

We need to take a short term pain for long term prosperity. There are no short cuts.

Una don start again
Na so Buhari take talk

spiralwedge:
Ipob

A****a

spiralwedge:
He can in 3 days.

There are dynamics to this kind of war that i am too tired to type rn. The modality of this military operation is too petty and Russia cannot go all out. If they can nail a good false flag, Russia can erase Ukraine in a matter of days.

Plus, Putin is lenient. Ukrainians are cousins to the Russians.

Compare Ukraine as Biafra and Russia as Nigeria. You get?

Your last paragraph shows that you're not only tired but drunk

Tinubu should not play with his half-life. He should surround himself with Yorubas especially Amotekun.

foleskay:
Na lie. No phyton can kil any big cat not even a hyenas. I watched on natgeo wild just yesterday how a hynea snatched a baby antelope from d jaws of a rock phyton. It was so funny and weird how it did it. It snatched d meat and a pyton ran away.

Hyenas are d ultimate meat thief in d Africa jungle. Jv seen where hyenas steals meat from lions and cheased them away. Dem madt gan

Chase lions ke?!
The lions can't share food with hyenas or jackals. Call it racism, fascism. It is what it is.

Racoon:
Not bad! Nice efforts by the NAF. Meanwhile, hope those C-130 Hercules are well serviced & maintained? I remember the painful crash of August 26, 1992 in Ejigbo Lagos here.

They are well serviced
NAF 913 and 918
NAF 917 is undergoing servicing

PROPEACE:
Yes we need that big joke! If correcting a blunder like that is a joke to you then so be it. The rightful King was deposed by a clown governor and you say it should be allowed to stay that way.

The rightful king is supposed to come from the Inuwa family line, not Bayero or Sanusi.

VEHINTOLAR:
In my honest opinion,I think it is a gross waste of talent for someone of great capacity like Mr Sanusi Lamido Sanusi to just sit down inside one ancient building as Emir of Kano ! Nigeria needs his brain in a different capacity for the benefit of all Nigerians and Nigeria. Sanusi is a brilliant technocrat whose talents should never be allowed to just waste away as an Emir. He is the ideal man to clear all the mess created by that incompetent man called Emefiele at the CBN. I honestly hope Mr Sanusi will decline returning to Kano as the Emir of that beautiful ancient city. Nigeria needs Sanusi more than Kano does need him. I trust Asiwaju to have a sensitive role for him in his administration.

The incoming administration of Asiwaju Bola Ahmed Tibubu has a lot of work to do and that administration needs all the competent hands Nigeria is blessed with to do the job.

Brilliant as how?!

Putinofrussia:
Petty traders wagging mouths to compete with Yoruba, the real business people.
Okay,name any Igbo business that has existed for even up to 40,50,60 years.
None..maybe transport that brings you to Yorubaland to come and learn how to do real business

I can name different Yoruba indigenous businesses that had existed for more than 100,90,80,70 years and still counting.Praises to the Most High.

I can name more than 100 Yoruba naira billionaires with their businesses in Nigeria and overseas but you will not be able to name 40 Igbos in their categories.

I can name more than 5 Yoruba dollar and pound sterling billionaires in Europe with existing businesses but you wont be able to get 1 or 2 Igbos.
Igbos are just petty traders but they are trying sha.They just like to measure everything with Yoruba,their seniors and benefactors

Name them
I'm waiting

lhordspy:
Olodo chinedu. You no do business study for school? Face your gala business in Lagos traffic and leave investment trade for adults.

Do you know what it cost Elumelu to buy the stake back? .. Over N21B ... Mutual friends even had to intervene.

Otedola made over 300% profit in less than 2weeks. The ROI was massive. ..

And Elumelu wasnt stupid either. He had to go for it. The power struggle was creating unnecessary attention in the stock market.

21 bn or 210 bn
300% ROI or what not
The Igbo man got it done
You think Elumelu will be docile enough to allow Otedola to steal Transcorp from him? This is not First Bank.
The battle has just begun
Elumelu will show him
Racks for racks, 50 for 50

TemplarLandry:
Excellent!
In my eyes, Tinubu's presidency is the start of Nigerian democracy. No more Khaki men in Agbada.

This is the very first time a true democrat with no stupid military background will be our President.

The very first time a President from the South supervises Nigerian census. So credibility rate of the census is way high.

The first digital census in Nigerian history.

No more wonky inflated figures from the Ariwa.
Hopes are up!

Yar'Adua and GEJ were military men abi?!

Trying to set those names up
Happy FFK gonna his meal ticket back

traihit:


What you don't know and you don't want to know, you'll never know.

I don't call people pigs though

But you call them monkeys, hypocrite

Omo
Wike positioning himself
No joke

saphiere:
Happens when the head is a male.

You need life-resetting slap

Oloun

Yorubas and betrayal
They'll be the first people to stab Buhari at the back despite all he did for them.
Even the Igbos who are supposed to be angry won't behave like this.

Last time I checked, the average Igbo person doesn't care about Speakership or Senate Presidency.
Joe Igbokwe, beg for your survival without soiling the name of Igbos

AdolfHitlerxXx:


Very funny how SE hates Tinubu and he blatantly cheated them out of their turn.

https://www.reactiongifs.com/r/strchw.gif

1. Ohaneze begged him not to contest, yet said nothing to Atiku whose PDP enslaved them for 24 years.

2. Sponsored Obi to run against him, under the table without even Obi knowing. Started Obidient movement to insult him while putting him in Aso Rock.

3. Released Yes Daddy audio and Guinea dual citizenship to cause distraction.

4. It is so amusing when I see Obi supporters still on his case here not knowing their 5 States were his puppets.

Imagine your chained dog that you feed daily, flog when you want, barking and calling itself the master of your house.

Tinubu is just a Grandmaster. A colonial Master. Effortlessly leading SW and SE by proxy.

After you have regained your senses, you stop your use of crack

lexy2014:
is that what i asked you?

As heads of state, did IBB and Gowon give themselves the rank of Field MArsahl? if they didnt, how does your comment negate what i said?

Go and read our back and forth comments and ask yourself if you're really okay.

lexy2014:
lets even look at what you have typed so we see the mind that you have.

As heads of state, did IBB and Gowon give themselves the rank of Field MArsahl? if they didnt, how does your comment negate what i said?

Oga go and sleep
They would have if they wanted
Idi Amin of a rag-tag Ugandan Army was Field Marshal. So, what stops a Nigerian military Head of State from getting that.
Hussein Tantawi of Egypt was Field Marshal.
IBB named himself Military President and no one said or did jack.
Sha all I have explained is above your cognitive ability.
Ok, why is he wearing a Field Marshal uniform as a civilian president?!
I'm waiting for your 'awawa' answer.

lexy2014:
let me ask you a couple of questions. what has "the kind of minds we have in Nairaland" got to do with the comment I made?

are you on nairaland or are you on another land? does the statement "The kind of minds we have in Nairaland" apply to you?

Check the thread
Someone has answered your questions

lexy2014:
let me ask you a couple of questions. what has "the kind of minds we have in Nairaland" got to do with the comment I made?

are you on nairaland or are you on another land? does the statement "The kind of minds we have in Nairaland" apply to you?

Oga swerve biko

kutashi:
Please, ignore him! Why labouring yourself!
Obviously, he did not read or understood what you said in the first place or doesn't even have knowledge about what you said at all!

He doesn't know you can attain any rank immediately you be come Head of State!
Even, as a 'bloody' civilian president, you automatically receive GCFR honour if you had never received any honour from your wife or OFR

Thanks

bizhop01:
You speak like Idiot, I'm too busy to quote someone like you

Get a life

lexy2014:
he couldnt have been able to wear as a military head of state. field marshal is a military rank and a major general cannot wear a uniform with that rank

God!
The kind of minds we have in Nairaland!
As Head of State, he could have given himself any rank like his peers did. Check the career of Gowon, IBB etc

bizhop01:
Elumelu is not Igbo

Elumelu is Igbo like me
We are Aniomas.
Stop hating on Igbos
Get a life

The Battle of the Phony Billionaires
Otedola. First Bank and Transcorp
Elumelu. UBA, HH Capital and Transcorp

We'll said it
Setting booby traps for Tinubu
Tinubu should release him and send him on exile
Forza Biafra

ogaemma:
He is wearing the Noble Rank of a Field Marshal, the rank he could not wear throughout his military service.

Buhari is a child of destiny.

He could have worn it as military Head of State but he decided against that. Infact, he was a Major-General while the likes of MM, OBJ, IBB and Abacha were full Generals.
I really believe the Jubril story.