₦airaland Forum

TheBillyonaire:
I am not the cause of your problem. Tinubu is not the cause of your problems, and Peter Obi does not have a quick fix. All policy trajection of Tinubu Admin is exactly the policies that Obi campaigned on, and I supported him and still support today, but that does not mean I must continue to hate Tinubu.

I chose not to hate my Presidents, but can criticize. But so far, I have not seen anything he has done that is against the model that any economy should be built on.

You mor0ns were not prepared for life, and therefore, might as well proceed to your corner of paradise with your best foreign Gods of choice.

this is how you identify a bandit with an agenda. There were over 20 presidential candidates, but this fellow could only talk about OBI. This is indefatigable proof that indeed the bandit and all the others like him on here know damn well that Obi has something good to offer. Look around, they don't ever mention Atiku, they don't mention Sowore, they don't mention Kwaks. East to West, and North to South on Nairaland island, OBI is the name they always mention. Truly, people will certainly only throw stones at a fruitful tree. Smh

Las las, APC remains a party of criminals, rogues and scammers. Another propaganda falls flat on its face. Even the 1.9trn was a scam! Turns out it was 1.15, and before some miscreants say 1.15 is still big money, no it ain't! Not when naira has been turned to tissue paper. Even bubu shared comparable amount in Oct and Dec 2022 just recently.

APC is a curse. Forever cursed.

For this cursed party to have still recorded even 100000 votes by some cretins after the scams and failures of 8 years, Omo I give up o!

Kukutente23:
Note. It's actually a lie. FAAC ended up declaring 1.15trn as the revenue for June. The 1.95trn was fictitious propaganda planted in the media to deceive the gullible.

https://www.nairaland.com/7772728/fg-states-lgas-share-n907.054bn#124570100

wondafu!!!

The cursed party APC and it's unyielding propaganda machine strikes again. The horde of people that voted for APC despite their horrible reputation no try at all oooo. So so sad.

I gave up on this country the day these congregation of criminals called the APC were still able to get millions of votes. I would have expected that there was no way in hell they would get even 100000 after all the lies and failed promises of the last 8 years, but alas, these people have short memory. O ma se o. So even the so called 1.9 wey grandstar dey clap about na scam like the many other scams. Issokay!

Honestly, I am very very very worried. I am into luxury goods on both fronts (mattress and cars). With the kin squeeze in disposable income that is sure to happen for an extended period of time, I am very very afraid. Man must urgently go back to the drawing board, before shit hits the fan.

Japa geng in travel section go dey laff me say God don catch oga treadway. Sukkot give me 15million you are not using let us goan build CNG skid in Ibadan oo, igboro ti fe daru bayi oo

grandstar:
I an not Nairalanda1

I think I should let you know what type of person I am. I prefer to focus on what technocrats say, rather than what the layman on the street.

Listening to the man on the street in respect of economics is no different from a food vendor in how to handle live wire. It is because economics does not electrify and kill is what makes many feel they are dons in economics while spewing hieroglyphics. Hoewever, it does leave behind economic woes when implemented.

In respect of clearing car for 3.8m 2 months ago and 5m now amount to a nominal or real increase? Let us use this test

A pen I bought 2months ago still cost the same price now. 3.8m would buy 76,000 pens e months ago and the 5m it increased can purchase 100,000 pens today. So, there was an increase in real terms. Government was losing tons revenues by under-pricing the dollar at the official rate. The increase in price was not Zimbabwean style printing of currency.

The inflation suffered under Buhari was cost push inflation- that is inflation fuelled by printing of money and excessive government borrowing from the central bank. That was why the Naira kept falling and inflation was high. A persistent increases in projects shouldn't come as a surprise.

Corruption is another matter altogether. I don't what to say about that.

4 years ago, the Naira was 365 if I am correct. It later devalued to 480 or so as of October 2021. The currency should not have lost a kobo if Buhari had listened to his technocrat. If he had devalued the official rate then of 410 to about 460, there would have been sufficient dollars to go round.

Also, had he also ended petrol subsidies, there would been less borrowing need. The Naira would have remained firm at around 460-480 band.

But Buhari never fails to spoil a good thing. The Naira began to fall rapidly from around 480 in the last quarter of 2021 when government banned sales of forex to the BDC's.

I am sure prices of cement and other things would have only increased in cost by from 2019 to now by only 30-35% rather than doubling if the sales to the BDC's had not been stopped.

i'm not interested in blaming Buhari, but rather the massive horde of foolish Nigerians who love supporting and rewarding failure, so I no go dissect or discuss that one with you.

How can you say that money will buy more Corolla's or pens now bros?? Even cococola pet drink is 250 now within a space of two days. Those calculations are off, and you know it. The only thing that has not increased in price is the air we breathe, and the increases haven't taken full effect or gone round like I was telling a friend. Just give it two more weeks by August everything go clear well. For example, i'm also a Vitafoam distributor and they haven't adjusted their prices, but I/you/we know the prices will be adjusted upwards very soon and in no small measure and this will be the same on virtually every item you can think of. I'll personally remember to tag you in August when this breakfast must have gone round more. The naira purchasing power has almost been wiped out, meaning anyone and everyone with the means will be jostling to preserve their money in dollars creating a sure consistently high demand that will make the chasm between the parallel rate and the official rate wider, and we are right back to where we started, only worse off cos 100k would now give the value that 10k once gave.

Let's not beat around the bush on this, rather let's call it what it is. The naira purchasing power has been whittled down to the degree and by a percentage that the number increase of 1.9trn so celebrated is virtually irrelevant and offers no real comparable value to when the naira purchasing power was better. This is the simple truth.

Gullible lot. Lol.

December almost here, and shishi reduction you won't see. People who don't know heads from tails.. smh 🤣

😎💥😎

grandstar:
What 30-35% boost? Go to the thread again

https://www.nairaland.com/7769994/faac-share-n1.959-trillion-revenue

It said :

The three tiers of government are set to share N1.959 trillion in July 2023 — probably a record, TheCable can report.

This is nearly triple the N786.161 billion shared in June and more than triple the N655.93 billion in May.

Near triple and triple is a 300% leap and not 30-35% increase.

I doubt Buhari ever hit 1trillion. Any evidence of that? How? How? How?

i don answer you with evidence already in the post above...Again, you brought the talk of real terms, and in real terms it is a 30-35% growth in revenue. Your words, your analogy, your math (which I corrected appropriately). If you now wanna throw away the real terms argument cos you can now see that there was infact no doubling, that's on you.

If a shitty corolla that was quoted at 3.8m just two months ago, now is cleared in July and quoted at 5m, was there any actual increase in value, or just a shameless decrease in naira value and it's purchasing power aka Zim dollar 2.0. Dem devalue currency you dey happy say number grow, shey value grow ni?? smh

Na you go clap for this one alone o, and those who don't know the smokescreen and fugazi wey una dey sell.. The work wey the governors go do with 1/3rd of the money as of four years ago (assuming they don't embezzle it all), will be more than what they can do with this one you are celebrating today. Not everyone on nairaland is dull bro. The contractor you will pay for projects will cost thrice as much as it did same time 4 years ago. How much was cement, sharp sand, granite, generators, solar panels, batteries every item you can think of four years ago and how much are they now? By what % do you reckon the quotations of today will be relative to the same period 4 years ago, where even 600b allocation in real terms is far better that this 1.9t you alone dey clap for??



Nairalanda1, I dey quote you cos I have a hunch you are the same person. Your typing pattern, words, logic etc are largely the same. I may be wrong though.

grandstar:
I made a mistake when replying this earlier.

There was over a 100% increase in real terms. Don't water it down. Claiming it is simply down to a government coming in is simply disingenuous. That is not so. If you have any evidence that such an increase (especially this large) is due to a regime change, please prove it.

I very much doubt revenue under Bubu even hit 800bn, talk less of a trillion! How? How? How?

you brought the talk of real terms, so let's stay on course. As per your doubt, let me clear it. See screenshot of two months (Oct 2022 and Dec 2022) both above 1trillion. There is more by the way! Let's stick to the real terms you mentioned, cos you cannot be using an unofficial rate in official calculations. When the NCS posts higher figures simply cos of the adjustment in exchange rate in July, is that real growth in revenue? I don't think so.

Nairalanda1

grandstar:
It was Buhari who raised total import duty to 70%, not Jonathan. It was initially only 35% import duty, before Bubu added additional 35% levy making a total of 70%.

I already said the above in my third paragraph. I said it was 35% under GEJ and it was to be increased to 70% in Jonathan's supposed second term. However, Buhari won the election and the implementation instead was carried out under him. I even stated you would understand it better. See articles below.

https://www.premiumtimesng.com/news/164274-nigerian-government-says-no-going-back-on-70-per-cent-vehicle-import-duty.html?tztc=1
https://www.pressreader.com/nigeria/thisday/20141214/281762742596815

Zimbabwe's circumstance are far different from Nigeria. When countries experience hyperinflation, it is due to the central bank's reckless printing of currency.

When Bolivia was experiencing 10,000% inflation rate, its third highest import was the paper used to print the currency.

Nigeria is far from this. This can be deduced by finding out if there was an increase in "real terms". The term "real terms" means a lot to economist.

For instance, if you buy a house for 50m and the price hits 70m in a year, that is 20m profit. What if inflation is 50%, that means the house should have been worth 85m instead. So, in real terms, you made a loss of 15m

Also, imagine if you had $1m and the exchange rate was 800 and you use it to buy a mansion in Banana Island for 800m. In a years time, you sell it for 1.2bn

What if the exchange rate has fallen to 1,500. That means you will receive only 1,200,000,000 divided 1,500 = $800,000

That means in real terms, you have lost $200,000

So, let us calculate whether the increase was simply a nominal increase or real increase

July - N1.959 trillion . In dollars using N800 and you get $2.44875bn approximately $2.35bn
June N786.161 billion in dollars using 440 and you get $0.98270125 approximately $0.990m

So, there was a more than doubling in revenues in real terms by the government. It was not simply due to "cost push demand" as you assume.

check the bolded again as it's incorrect. 786 at 440 is 1.79 approx.

Meaning there isn't a doubling in real terms, but rather a 30-35% boost relative to June, which can be expected as a new govt had just come in...and which isn't even so special either cos they have done over a trillion a couple of times even in Bubu times, not even mentioning the money popping Jonathan times. It's all online.

Nairalanda1

grandstar:
I have always believed in doing the right thing, even when it hurts.

What is the best policy regards car importation. The import duty for cars shouldn't be more than 20%. I would even say 10%

The problem is that the import duty is too high and it should be slashed. It was increased to a total of 70% if I am correct under Jonathan by the then minister of investment, Agangan to encourage local car production. Ngozi Iweala who was the then finance minister was displeased at the policy. The government already knew it was a wrong policy but rather kill, seemed to have extended it to commence during his second term (which turned out to be Buhari's first term). You should know more about this tariff increase than I do.

Is it better to produce cars than to import? Economics state you are best focusing resources at areas you have comparative advantage in. Nigeria has no comparative advantage in car production. The present captive market is not enough to produce cars very competitively. Since, we can't produce cars competitively, that means cars manufactured here would be expensive.

To manufacture of cars locally, high import duty would be place on imported cars so as to make it very expensive and people would be forced to patronize locally produced ones. It is encouraging locally production as some local car manufacturers seem to be booming like Innoson in Nnewi.

However, is Nigeria better off or worse off?

Imported cars, especially tokunbo cars has created employment and livelihood for over a million people. You may even say it is far more than that. Many hustlers who started with zero have become millionaires in Naira. I am sure many now even travel overseas to import cars.

I know many car dealers. I know many who work for them. I know many hustlers. People condemn imports but there's nothing wrong in them. What is wrong is when you don't export and that is where Nigeria fails. Non-oil exports are not booming.

I think I have only met one person working for a local car manufacturer.

These policies cause far more harm than the petrol subsidies but people are unaware. If import duties on cars were slashed to even 5%, I am sure business will boom and everybody will benefit. But let's be conservative and just say 20% which I feel is even too high.

Pat Utomi said what the country should have focused on is to find one area in manufacturing cars the country is good in and boost it. For instance, imagine if Nigeria supplies 40% of the leather used in Mercedes cars in Germany, or 20% of the tires used in manufacturing cars in Europe. That is where the power of comparative advantage comes in. That is why German manufacturing is so good.

You'll have a German medium manufacturing company control 50% of a certain product globally. I am sure as a car importer, you will probably understand it better.

the info you mentioned is wrong, and so kinda warps the argument you made because it really has no impact or bearing on 99.9% of Nigerians. I am in this business so I can offer real perspective.

It was Buhari who raised total import duty to 70%, not Jonathan. It was initially only 35% import duty, before Bubu added additional 35% levy making a total of 70%. Now here is the vital part, it is for what the NCS terms new cars, which is any car that is imported and is a year/model that is max 3 years old from the year in view eg NCS would consider a 2021 model car a a new car, and will charge a total of 70% duty. How many Nigerians import/drive those?? It was supposedly to encourage locally assembled new vehicle manufacturers eg Innoson and co

So you see how it warps the argument. What i want you to get/answer is, when the NCS now declares more revenue figure expectedly as a result of the exchange rate that went up from 421 to 680/770, is that a signal of a positive direction in the economy, the naira following the pattern of the Zim dollar. Of what use is 100 trillion Zim dollar revenue even if it grew from 30trn due to continued devaluation of the currency for Zimbabwe, and comparably of what use is the higher figure in revenue in naira as well when the tender is fast becoming toilet paper as evidenced.

grandstar:
Simply forget all I wrote. Just focus on the article below.

https://www.nairaland.com/7769994/faac-share-n1.959-trillion-revenue

N786.161 billion shared in June
N1.959 trillion in July 2023

That is a difference of close to 1.18 trillion

Just by ending petrol subsidies and floating the Naira, government revenue increased by 1.18 trillion. And note that the Naira was only floated mid-June. Had it been floated 1st June, the revenue would have been higher.

The tremendous increase in government revenue simply gives credence to what I am saying.

The revenue is shared 52% federal government, and states and local government shares the remaining 48% to the states.

In this instance, let us just assume the state takes the 48%.

48% X 1.18 = 556billion extra will go to the states. Divide this by 36 states and you have N15.9BN

That means an increase in allocation averaging 15.9bn per state monthly. This is massive.

hmmm. I don't even know where to start.

So, I will say I acknowledge your point, but is this good news? Let me read this news to you another way. NCS had of last week changed the rate for car import on the assycuda platform to 770 (this is speculative), some say 680. It was 421. At the end of June/July clearly the NCS will declare more in trillions too..not so? But is that a good thing or a positive direction when NCS charges you for 1.8m to clear a 2003 corolla which cleared for 1.3/1.4 last month. Is the 400k increase to that car and by extension the overall figures for the NCS revenue by the end of June/July a positive direction signal for the economy? A yes or no will suffice (but then again if you explain I don't mind, I enjoy your level-headedness).

It appears to me to be a tricky situation, because in the general sense it just re-emphasizes how deplorable things have gone so fast. Kinda like Zimbabwe should also be happy if their Zim dollar monthly allocation rises considerably in the same fashion that their money has turned to tissue paper. Infact that is a befitting analogy. Of what use is the tissue paper?

grandstar:

Exchange rate 2.4trn, share proof showing the time frame this accrued

Early this year to June 1st, the official exchange rate hovered around $1- 440 while the parallel market rate was 740. Crude oil production was around 1.5 million barrels per day. Price of crude average around $50 per barrel. When multiplied, that is $75m per day. Let us say the governments share is $50m daily. In a month, that will $1.5bn monthly

Lets now calculate the how much the government was losing monthly

$1.5bn sold at the official rate of N440. 1.5bn x 440 = N660b

$1.5b at the parallel rate N750 .1.5bn x 750 = 1.215 Tr

So, 1.125,000,000,000 - 660,000,000,000 = 465bn

So, government was losing N465b every month. So, from beginning of January to June 1st, which is 5 months, the 3 arms of government would have lost 465b x 5 = 2.325tr. That is just within 5 months. If we extend it to by another 7 months, the figure will be very frightening.

Fuel subsidy 7.8trn, share proof also showing the time frame this accrued.

At June 2023, the average price of a litre of Nigerian Bonny Light crude oil average $0.47 or 47 cents per day. When 47 cents is multiplied by 440, you get N206.80 per litre. The price then was fixed at 195 per litre if I am correct? That means, it was cheaper to buy petrol than to buy crude oil. There was already a subsidy of N10. Since the end price to consumer was 195/litre, that means NNPC would have sold it to marketers cheaper for them to make a profit. So, let us say the government sold it to them at N175/litre, the subsidy increases to about N30/litre.

Please note I used the unrealistic 440 to a dollar rate. Also, I have not included refining cost. I don't know how much it would cost to refine it but let us use 150/litre.

So, lets add N30 + N150 = 180. Total subsidy is 180/litre.

Daily average daily consumption is minimum of 60m

180 x 60 = N10.8b daily. Multiply by 365 and you have 3.942 trillion a year in subsidies.

Please note that I only used the unrealistic exchange rate of 440 to calculate my figures instead of 750 which is about 60% higher. If we used 750 x 47cents, it would be N352/Litre of crude oil. That will mean the 352-195 = 157/litre subsidy before it is even refined. If we add 150 refining cost, that would bring the estimated refining cost to 157 + 150 = 307 litres per day.

307 litre x 60,000,000 daily consumption = 18.42bn subsidy daily.

Multiply 18..42bn x 365 = 6.723 tr per year in subsidies

Also note my refining cost was an assumption. Also, the daily consumption was the minimum possible as most estimates are higher than that, some even up to 90m


My estimate for refining cost was just an estimation

thanks for the detailed response.

The first, you assumed the entirety of the $1.5b in the official/parallel rate analysis, which clearly shouldn't be so. You realise billions of USD were doled out thru Form A for the japa movt. You also realise same USD at official rate is used in paying for the refining/shipping etc of the same crude, by the sole importer of the last 7-8yrs called the NNPC. How in the hell will the govt use an erstwhile illegal rate for the aforementioned? Yes, we recognise that round tripping happens/happened, but you can't claim it happened on the entirety of the sum..Do you agree?

Second, the daily consumption of 60m litres isn't based on any empirical or irrefutable data, wherein lies one of the scams in the subsidy regime. But let's even say you did a rough estimate, you did calculations for a year. Recall how I said the 70b is just one instance, right? Try and do a mental calculation of such frivolous spending that has happened in the last one year, the bullet proof cars, sham renovations and all that and let's see that as well side by side.

Third, as I have said earlier, you can't even use the parallel rate as you said you could have in the last paragraph. The official rate in a normal setting is the only rate to reckon with. Corruption and the imbalance between demand and supply, which is still an offshoot of that corruption is what birthed the so called parallel rate.

Above all, see how you intelligently came up with this assumptions and gave a position, it is still not backed by any data/proof by way of articles/links etc. That is one of the problems right there. Without irrefutable data and records, you really can't separate fugazi from fact.

Nairalanda1 bookmark this too.

grandstar:
The floating of the Naira was a necessity. It was Buhari's interference that created the senseless and corruption riddled multiple exchange rate system..

To understand it well, imagine you were Buhari's son and you claimed you needed $5m. You're now supplied that $5m at the official rate of 461.

You now take that $5m and sell it at the parallel market rate of 750. Can you imagine the profit he would make? This is called roundtripping and it boomed under Buhari. If Emefiele should dare open mouth, wahala go dey.

Can you imagine how much revenue the government was losing? Imagine government gets $2b monthly which it sells at the official rate. Now, the well connected buy it to resell at humongous profits.

It also created artificial scarcity. Imagine you were sent $500. Would you exchange it at the official rate?

Now, imagine a big company is bringing in $100m? They will prefer not to bring it in. Basically, forex was scarce at the official exchange rate. It was largely an audio rate.

Yes the 70bn requested by the lawmakers is wrong. So, let's measure the financial waste in comparison to the wastes from multiple exchange rates and oil subsidy.

1. Lawmakers: N70b
2. Exchange rate. N2.4tr
3. Fuel subsidy $10bn N7.8tr

I will stop here for you to reach your own conclusions

lawmakers 70b is just one recent instance, out of many

Exchange rate 2.4trn, share proof showing the time frame this accrued

Fuel subsidy 7.8trn, share proof also showing the time frame this accrued.

I will stop here for now, pending your response(s)

Even our very own billionaire Nairaland CEO sef gentle lowo yi. Sukkot my 500litres petrol stash don remain like 100litres o. Omo no more outing with my car aside Sunday service, boya o ma last mi till December...lol🤣🤣🤣

Angelfrost:
The workers don't deserve saving... Nigerians deserve to go through this!

My Pity Well has dried up since February!!!

co-sign!

giselle237:
You are unhinged. My God.

aswerugad, I had a very good laugh reading that post/line too.. nland and the butt jokes ehn. Hehehe🤣🤣

nigga lived up to the name. You wouldn't expect someone like that to have any normal people associating with him..meaning even the victim no normal. How you go dey date weree if you sef no be weree. Too bad that baby girl had her moment of clarity a little too late...

Tinubu the hypocrite! When Datti Ahmed used these exact same words and admonition to the judiciary before you were sworn in, you and your attack dogs accused him of treason and were calling on the DSS on speed dial...lol

Good!

Stay legit, stay focused. Apply the same dedication and effort you used in achieving this goal in any endeavour and you will surely come out winning. Remember and celebrate your small victories as it will give you the courage and ginger to keep going after even bigger ones. Cheers.

cococandy:
@ bold. Add being a shameless liar because you would have nothing to say if you didn’t have made up lies. But then what does one expect?

At best people should be wary of anyone who can lie so bold faced. At minimum they should be scared of you. Seems like there’s no low you won’t sink to. Even shamelessly lying

hahahaha... Why so pained? I forgot to include a vital word dazall...lol

The vital word is that you promote SHIT.🤣🤣🤣

I no understand why you dey triggered so... are you homophobic ni. Since dem full your family by your own confessions, apemora la n pe temidire naw. If you no sabi Yoruba, ask person wey sabi to translate am for you.

DadR:
Thanks, my Oga.

I've submitted our applications this afternoon. I couldn't afford to wait any longer because extra £2600 is not a small margin.

Make eye no see evil, na all the body be the medicine. 😂

hmmm, smart man!

Mo ki e ku oriire💯👏

cococandy:
Child of God when it suits thee

Lol. My sin is minding my business and not sending anybody papa. Your sin is defending/promoting sexual perversion and perpetrating same on/with children. May God forgive us our sins. Amen 🙏

sukkot:
lmao bobrisky na baller ooooo. Hin money long no be small lol. Am joking but I totally understand . That western world is getting more weird with each passing day. But Chief you have to understand that just as you had deep conviction that obi is the messiah , na so some other people too get deep conviction that tinubu is the messiah . So we have to just live and let live. Ultimately any government that is going to change your life is going to do it at a huge inconvenience to you. If you want a first world country you better be ready to pay first world taxes. That's just the plain truth. My car insurance in the UK was 300 thousand naira a month. Here in Nigeria it's 5000 naira per year . You get the gist ? If you want real development you better get ready for heavy taxation .

even if bobrisky get 35billion USD, as I dey so, I no dey in competition with am, and any seed of mine no fit ever be like am, else na im be say I have failed as a father. Plenty normal successful people boku dey wey my pikin fit use as role model, including me their papa, no be to dey use weree as role model, God forbid!

As per Obi or Tinubu, me I no really send again. It is just the complaining that is now kinda sickening to me. I have been hearing that all my life, and it looks like it may continue for a while. So, let's all cope with it and suck it up, without dumping bukata le ara wa😀. Make everyone face their family, councillor, LGA chairman, gomina, hor, presido, etc... If the plans those ones have for them is that they wanna continue the scams of sending phantom money, it's all good. Point is they should focus their attn on those listed guys for reprieve, if any....or to others that still care, cos hey I am just one person, one speck of dust in the grand scheme of things.

I honestly just don't care anymore.

Adaibeku:
because you ignorant idiots made sure they are there just to spite a tribe in this former nation .
Universal ethics dosent work on politicians who suffered from ignorant tribalistic when they are small and swore to deal with ur poor masses .
Politicians aren't the problem but u poor innocent masses , who burn up bread thieves for stealing bread and praise likes of tinubu for been an expert thief. You poor innocent masses brag about ur looters , how they are more powerful than the ones in another tribe .
Universal codes don't suggest curses on Politicians but killing them , trying to kill them will see poor innocent masses fighting for their corrupt leaders . This is why ignorant masses are the problem not Politicians.

I read the news of the first class graduate that stole bread and i just weak. Imagine how low things have gotten. As APC still get up to 1m votes, sotey dem get chance to fit 'fraudulently' win that election despite wetin we see for their hand in the last 8 years, omo.i give up ni o. Make everybody face him family and God! Straight up!

Meanwhile, you and BigIyanga na same thing una dey talk, una just no realise ni

BigIyanga:
Millions havent suffered enough to protest aginst governors, Nass members and president?!

see! We can agree on some things bro. 😎🤣😁

cococandy:
Yep all the millions of people suffering in Nigeria are doing so because they are not trying hard enough. Gotcha

you got nothing....lol. Stay true to your calling defending lewdness. Shebi it is my pity, shey na your pity ni, abi your pity stash reduce ni😎🤣

sukkot:
hehe Chief you dey para gan ooo but nothing do you sha. I understand the frustration . But best believe none of the other nimrods on the ballot would have made life any easier for us . I mean look at the people behind atiku ? Melaye and dokpesi and Reno . Then look at the unserious hungry looking people behind peter obi ? Those ones are going there to empty the government coffers ni. We made the best of 3 bad choices

my bros, honestly I no even vex. But of a truth, this past election, it has really changed my perspective about Nigeria and Nigerians in general. Prior to now, most of these so called protests, I dey go o. Check my past posts na, I be staunch pro-Nigeria, as per say I just still believe say we as a people can change and force the change we direly need. What I have discovered now is that as a poster joked about, the majority of Nigerians will rather cannibalize each other than champion the change I really hoped to see. Another thing I saw is that despite intense suffering, most of the 'struggling peeps' I know first hand still somehow forgot all the suffering and still forged on in a direction that was very unexpected..and they were even very vocal about it, but have resumed wailing. They have a right to their decisions and since it affects us all, I can't help but harbor some disgust. As in I have some of these people in my circle, and so I won't lie, it forms part of why I seem so visibly miffed. The whole thing be like witchcraft sotey, I just give up. Say make I face my life and mines. You know say na Obi I support, it isn't hidden, but make no mistake I am not bothered by his win or loss (the loss is clearly debatable but not today), but more about the very very sordid things that were unearthed. If I protest for Nigeria again, make I bend. The majority of us get issues and so the future of the country seems so hopeless and I am angry about it cos this is where I have chosen to call home. And you sef know say I no wan get bobrisky as pikin so I no wan go west. So I dey vex, and na 'dem' I wan take am out on, cos I thought after all this time, the pains and sorrow would have not been a waste and these pple will get pushed to the wall and say enough is enough, but alas they actually did the opposite, broke thru the gaddem wall, and justified their breaking thru the wall, and defended those whooping them, only to remember the pain of the whip once again and begin crying for help once again. If Fela was alive, he would have one hell of a song to sing aswear.

sukkot:
just brutal for no reason. That man TreadwAy need therapy for past unresolved issues

lol.

I don't have empathy for willfully blind and stupid people. As everyone lays their bed, let them lie on it. All man for himself, God for us all. How is that brutal chief? Shey na Dauda wey born 17 pikin littering the street on purpose so that he can contribute numbers for elections I wan dey empathetic towards ni, abi Adisa wey go dey say twale find me anything chop, but just few months ago, he was bragging that na who give am money he go 'teka' fun. Then the cycle continues and they want a shoulder to lean on after their tomfoolery, like cococandy says they should face upper management, and face front and not bother others that are trying hard despite the madness to get their shit together. I no pity anybody lowo yi, make everybody cry out to God. If dem like make dem change their ways, if dem like make dem no change their ways, if them like make dem waste their sorrow ko kan aye mehn.😁

Op, those 'less privileged' gan gan na im be the problem. For most of them, their heads are not screwed on properly. Most deserve whatever they see and get, if you don't believe me ask the gatemen viccodaguru, or whatever his moniker is.

The suffering has made them go bunkum. I didn't grow up in money. I was raised by struggling parents, but they had sense and instilled that in me and that was the fire that burned and still burns in me to always be and do better. The less privileged I see around today are just a waste. They have wasted their sorrow, wasted their lives and I feel zero empathy for anyone these days. A little hunger never killed anyone, na just ulcer and malnourishment, lobatan!

ArcFresky:
Ignorance is the problem.
Are you saying Nigeria can't manufacture the same chemicals they were manufacturing years ago.

Al these pharmaceutical companies made their raw materials in Nigeria.

But China with cheap sub-standard products overthrew everything, now the factories are moribund and people jobless.


Question is, how do you develop an economy when all you do is import import import?

Do you think it's a good thing?

You don't understand macro and Micro economics.

If you do, you would know, importers are the enemies of any countries economy

oya na...manufacture the chemicals starting right now...so I can patronise you. No need for stories.

Since you can just snap your fingers and all of this will materialize immediately in your la-la land.

Is that so?

No pictures, no contact details, nothing....

You try gan.