Of course SA is now the biggest. I said that since last year on the below thread. Painful part is we aren't reclaiming that position anytime soon. This quoted figure is from around Sep/Oct last year. Our financial position as at today in dollar terms is certainly under $300b!

https://www.nairaland.com/7923805/nigeria-gdp-drops-500b-290b

I can see the APC pro-bono spokesman freestuffsng viewing🤣. Just a paper loss right? Sukkot, bro see how Tinubu just rubbish our collective productivity. Me wey dey use our GDP brag for travel thread arguments in 2022, sadly I no get mouth again. Darn shame really.

Really? Where are the cows (In the drooling voice of Tinubu)??

heroshark:


You be thief 😅😅😅🤣 (in a friendly non-offensive sense of the word)

High-risk investment dey average 8-15% ROI per year and you are looking for a low risk investment with 365% ROI per annum?


If such exists people no need to dey work naa. Just investment £50k and make £500 quid daily. Even bank no go dey give you mortgage at less than 5% interest rate

I don laff tire 🤣🤣🤣

A whole 1% daily. Bro's looking for low risk, super duper hyper rewards.

You can only get those kind of profits on equally super duper hyper high risk investments.

Lest I forget, feel free to add the things they are getting right, IF ANY.

Today makes 1 year that the calamitous regime took power, and I am happy that on all these points I have been totally vindicated 💯


1. Returning APC to power, after the colossal failure of the 8 year Buhari administration of the APC.

Forget the innuendo of the brain dead vulture griller and it's 'darling daddy' drab lines courtesy 'dem manna', this is one rabbit hole I didn't expect even 500000 people to fall into. After what Buhari did to Nigeria, why would any right-thinking person want to trust/reward the APC with power again? When you reward incompetence so consistently, you embolden it and institutionalise it, as is the case today, yesterday, and possibly evermore..(cos I don't know what the hell these people are smoking). The right thing is the APC should not have been rewarded for failure. Even if I supported Obi and he lost, i would have been proud of Nigerians if they had voted Monkey party, worm party, just about any party but the disaster called the APC

2. Fuel Subsidy and Naira Float misadventure

I sell cars, and in January I sold the last V6 vehicle I had in stock, I also purchased 500l of fuel for keeps (which lasted me till October thankfully). I did all that because I expected and support the idea of fuel subsidy removal. What I did not expect, was Bola Thubv would win and repeat the same mistakes that Buhari/Emefiele made on a more disastrous scale. In 2015, Buhari took the equally 'bold' step to remove subsidy. Fast forward to second qtr 2016, he also foolishly decided to float the naira. What happened? The dollar moved from 180/200s to 360/400's. Because we import fuel, this impacted the fuel costs which had been largely stable from May 2015 till that time, and that my friends sealed the glorious return of the subsidy to keep costs at 145/l. Low FX earnings plus high corruption meant the dollar started taking flight in no-time, and that my friends sealed the return of defending the naira. But the damage had been done innit? This arrogant clueless nigga thought it was a good idea to remove subsidy and float naira at the same damn time and some applauded. Again, what are these people smoking? Your Messiah only just made things a whole lot worse for you, and just like in 2015, subsidy is back, and naira defence will be televised (dem still dey disguise, just wait a bit). What have they gained from the misadventure, Nothingness! Scratch that,they achieved something. For the first time they achieved a scenario where majority of Nigerians in Nigeria have lost faith in the naira. That wasn't the case even last year or two years ago. The right thing was to remove subsidy, and still defend the naira to keep the effects of the subsidy removal controlled. If you were hypothetically using 1trillion on subsidy per month, ain't it just common sense to use say 300billion to defend naira and still partly save 700bllion that would have gone into subsidy. The drop in the value of the naira which had affected everything else would not have happened, it was totally avoidable but for the arrogant and reckless Thubv. How could these people vote APC??

3. Cardunce-o The CBN Governor

Need I say more? In a time of economic peril one should expect a reasonable govt to put square pegs in square holes. But no, they put a goat in charge of yam. All the real sectors are declaring bumper losses, only banks are declaring bumper profits, same caucus that Cardunce-o is part of same caucus that has benefitted from round tripping and arbitrage, is the same individual that Thubv thought right to head the CBN, an individual that managed a low-tier bank with probably less than 15 branches, na im Una expect to formulate sound policies in a time of economic peril? Laughable! The right thing to do would have been to recruit a capable, skilled and vastly experienced economist someone with a brain and resume like NOI. No cap, with my tiny MBA I go bench Cardunce-o, tell Thubv to ring me up asap!

4. Propaganda on overdrive

The level of insincerity is mind-boggling and irritating. The lies are too much. You literally can't trust a word these mofos are saying ever. Thank God for the individuals who dey leak some of their plans to the press. Thank God for the internet, we would have been so much in the dark on everything. We would probably be planning a Dubai trip riding on the words of Ajuri and get gobsmacked upon the feedback from the visa application. The right thing...is impossible to do for this govt. They are relentlessly untruthful, deceitful, self-serving and incapable of doing the right thing. It is their MO.

5. The oga pata pata of them all still somewhat linked to insincerity, is inconsistency. There is such a wide variation between 'What they say/preach' Vs 'What they stand for' Vs What they do. Again this is their MO. One minute Buhari says let's buy naira to grow Naira, but he patronised absolutely nothing local himself for 8years. Reduce medical tourism, but na him tour pass. These ones say na Nigeria importation dey cause palaver,but dem dey threaten cement manufacturers say dem go allow import of cement (no be same dollar u go use buy am). You say you dey find FDI, but organisations that have been around for 100years are packing up and leaving in droves, and then you use Gestapo style take hold binance crew say na them turn your naira to tissue paper. The FDI cheques don dey come through DHL you hear. Just 'contunu'

Feel free to digest, share, critique these cogent points. See you all on the one year anniversary of the great Tinubulation come May 29.

Nlfpmod Seun oam4j fp for a wider audience, maybe someone close to the 'presidency' can copy this for Baba or Cardunce-o to implement

IbeOkehie:
I miss the robust arguments against migration by the Anti-Jakpa Crew. I don't understand why they've all run away. Just when I was thinking of moving back to Nigeria again.

Where is AhibOil&Gas? Sihamey, Tadadobe, Treadway and of course their leader Sukkot. And the very first one I read that made me take note of Nairaland, Ozoemeka?

https://www.nairaland.com/1458034/want-come-america-really-know

https://www.nairaland.com/71829/nigerians-diaspora-carry-sh-t/2

https://www.nairaland.com/1011112/nigerians-diaspora-it-really-still/22

https://www.nairaland.com/7426508/why-there-no-point-going

https://www.nairaland.com/7645785/thinking-relocating-back-nigeria-canada

Nigerians need your reassurance in this....ahem, let's say...unusual time of their national history.

Good Luck to Nigerians.

my joy here is you or your little circle of friends with below par comprehension have failed to show me one anti-japa thread or even post of mine, since I threw out that challenge sometime last year.

Is God not wonderful? Lol

I say I (in bold o) do not fancy the idea of living abroad for personal reasons, some of which I have even shared on here...60-something year old man with an education interprets that to mean I'm anti-japa..

I quash your haughtily delivered exaggerations and skewed arguments with proof and finesse, but your ego can't handle the fact that this young man sef dey knowledgeable o, so you'd rather take the path of least resistance and tag me anti-japa...

I disagree with some points of view, you lazily defer to the anti-japa label.

Why so lazy sir? At least my bro Sukkot who evidently has a slew of anti-japa topics (for cruise), whom I have disagreed with on several things on here, we still relate so well regardless and he should be just about your age o....see the maturity and decorum he displays. We disagree on many tins, but he doesn't defer to a dick measuring contest unlike you.

Show me my anti-japa thread, una no fit. Show me my anti-japa post, una no fit. Ise aye re oo. This must be some metaphysical shi. Chai!

Like I said last year, may the prince of peace send his peace your way. Cos me I no just understand the dynamics of this your case aswear.

Yup.

The prayers he stopped for got answered swiftly.

Cheers to more answered prayers.

ednut1:
Exchange rate at work

https://www.britishcouncil.org.ng/exam/ielts/dates-fees-locations

this one small, TEF/TCF is now 700k. It moved from 210 to 300 to 450 and now 700k as of yesterday...all in a space of 3 months.

1m for just two language tests..lol. God punish Devil...lol.

favor914:
Absolute nonsense, how old were you in 1996/97?

patience, lad...

You will remember Treadway on Nairaland told you so, when that time comes.

When I was younger I admired Puff Daddy... even took up the nickname 'Puffy' when I was in secondary school.


But as I grew older and read more and more about these cats, I realised that Diddy is a bad bad mothaf****.

This nigga is as crazy and as evil as they come.. I have had this conviction for a while that this nigga not only had a hand in Pac's death but also Biggie's! He had a lot to gain with Biggie dead and still cashes those gains till this day and will till the end of time.

How much you think/reckon a verse of Biggie's work is worth??

Hopelessness even onto the face of death....smh

Free bread with came/whips, discounted/free rice with death. Just all round anyhowness..

Carry on!

These clowns still think anyone takes them seriously.

The protest that will shake Nigeria, if ever that would happen, will not be started by the confused NLC.

nedekid:

Our gdp will be around the 150-200b range with the current devaluation. It might be even lower.

thanks for correcting that fellow. Most have not paid attention to the negative impacts of all this tomfoolery by the APC govts. Our GDP was around $500b, but is now around one-third of that value thanks to Emilokan. By the time all figures are calculated, done and dusted, South Africa will assume the position of the largest economy in Africa, and we won't be getting it back anytime soon with this shambolic clueless mofos at the helm of affairs.


This was a thread I created in November on this same GDP loss, and we all know we have gone way way lower than this.....
but trust Nigerians not to read or focus on the things that will affect them, na portable and afcon be their own concern.

https://www.nairaland.com/7923805/nigeria-gdp-drops-500b-290b

Cc Sukkot GDP wey we dey use brag, don go.

Impossible future tense.

Y'all don't seem to grasp the implications of the iceberg we have hit. The major problem is that majority of the people (myself included) have completely lost faith in the naira..

Then there's the ish of some of us sane ones who also have absolutely no faith in the shambolic govt and leadership.

Only way Naira is ever coming back from this is if the country resets somehow and we magically become a producing economy (without electricity hence the 'magically') and that ain't possible either. Remember elementary economics and the topic factors of production? Electricity is in capital letters, ordinary elec we no get🤣

So you see why I say it is impossible future tense. Naija/naira is done. Period.

nedekid:
I did not watch the video, but I think this fellow is over his head. There is a difference between working as a tax collector in a state with excess revenue (yet plunging it in debt), compared to managing a country with scarce resources.
Oga at the top should have put someone like Akinwumi Ambode, he certainly would do better than this current fellow. It is on record ambode is was the only governor of any western state that never added debt while heavily performing.

and yet Emilokan and his legion of touts booted him out cos he no allow them steal as much as they wanted to.

vannessa7:


Yes, because he did same thing in Lagos, broke down the old, non progressive system ithen built a sustainable, progressive and new system we see today that all Lagosians are proud of. There was serious outcry and hatred towards him when he started but they started loving him when everyone begin to enjoy the result of his hard policies.

and there we have it. A Batist simply singing the praises of his master. I actually want y'all to bury the country, so, carry on.

Ps: The good thing about all this is that BRF, Ambode, and Sanwoolu effectively cannot lay claim to the development of Lagos as a reason to be considered for any roles in the future. Tinubu did everything, and built Lagos brick by brick.

Clowns and wankerrrrs...
.

Nawa4nl:

if you want them arrested,tell people they are Igbos.
Then they will get arrested

your comment is funny...but just now that I imagined that scenario in my head, I can see the evident truth in your submission. If Igbos were running BDCs in the country, they would have been shut down sinceeeeeeeee.

Chinlov:
true but we have Afro wigs na

lol. Bet that would look weird on a now white face.

Chai!

My beloved Legend extra stout 🙁

wonlasewonimi:


Yeah right..it affected his hair and voice too

I idolised MJ all through my childhood, and even now long after his death. So I believe I can offer some answers.

1. I don't think anyone could be as popular/accepted worldwide on the level that MJ was, ever again in this life.

2. Contrary to popular belief, he didn't have surgery to become white. He had aggressive vitiligo, and yes he did use some chemicals only to even up patches and smoothen the skin tone, but it was largely the vitiligo.

3. He was faking his lady like voice for the most part as an adult. The voice was part of the package, kinda like part of his act/identity. When he was younger it was rumoured that his father (who was a well documented ruthless tough guy) used hormones to keep his voice shrill, like a child so he could continue to sound the same as he did as lead of the Jackson 5. He no want make the voice texture change. Dunno how true this is, cos I can't confirm if hormone therapy was a thing far back then. But back to my earlier point, if you do your research you would find videos where he slipped up and spoke with a much deeper voice. In fact, for quite a long time leading up to his death, he had gotten quite comfortable with speaking in his true deeper voice.

4. He suffered third degree burns on his head, after the pepsi ad fire. Those portions could never grow hair again, so he resorted to wigs. That long hair you were always seeing, na wig.

Johnjustice:

Next election I won't support Obi, he is one of them, in Anambra he made no significant changes, stories upon stories, his election interviews he didn't say anything different or unique.

I'm sure you haven't noticed that elections are over.

I ain't Obi and don't give 7 flying fcks who you vote for. I myself will leave this country soon enough and will happily come back to reinforce failure by voting for APC come 2027 as a typical Nigerian this time, not as a progressive. Hopefully no bastard will question my decision then. Choose a side and take a stand with your full chest. Don't be all over the place you hear.

Johnjustice:

I don't engage with sworn enemies of the nation. Obi don't have the answer, Nigeria needs a leader that can take drastic measures...even next elections I can't support Obi, I don't support mediocres. So run off with your bigotry you and your sister are one and same... bigots mean nothing to me, am talking of patriots here not traitors. Obi had interviews he didn't mention solutions that could change Nigeria...he is just one of them.

you are an enemy to yourself and Nigeria. You are pathetic and confused, a typical Nigerian who adores and loves directionlessness and hopelessness.

One minute he says we choose the worst of us to lead us, next he defends the criminal and failure he chose.

One minute he says Igbos are not good in any way shape or form and should be thrashed in the bin, and literally the next minute he says we are all one and we should come together. MENT or Drugs or Drug-induced ment? I no even know the diagnosis to give you.

To ba ma je oshakala, je oshakala
To ba ma je oshokolo, je oshokolo
Ewo ni oshakala oshokolo??

You are not really useful, cos you don't even know the first thing about what you want, where you stand, much less where to go to.

This thread belongs in the bin......but hey, freedom of speech.

Carry on

Johnjustice:
I wonder why Nigerians are not engaging on this thread...seems we don't have patriots anymore... everyone wants to hide dollars, hoard it so it gets scarce, then bring out their dollars to sell for a profit. Saboteurs. It's a weak mind, why are we different from citizens of other nations, why do we hate the place we are from so much?

Something is really wrong in our psyche, this lazy, quick rich syndrome of greed has eaten deep.

engage with and enjoy the monsters YOU made.

Patriot ko, Parrot ni.


Clown

lastkingsman:

I am building a ML model that will predict the future value of naira using past data (past time fun). Will share the results in two weeks.

kindly mention Sukkot and I when you're done. My bro Sukkot, you no talk anything after you lost our earlier bet ooo. New projections don dey around the corner courtesy lastkingsman, but till now you never holla me give me thumbs up for my last projection wey hit the bull's eye.

Quit the tomfoolery

Rather too late to be bold, courageous and demand a change.

You all had your chance to show politicians who the real boss is at the polls, but didn't.

Enjoy the monsters you have made.

Go on and protest. When bullets start flying, na who die, die in vain. Ordinary 'RIP' dem no go see.

CodeTemplar:
It is around $7 in global average. That's perfectly in line with ours here.
I think that should be the focus and not just trying to sensationalize everything for petty political gains.

lol. How about Nigerians get paid the global average in terms of minimum wage? Or only our costs should be in line with global average, our earnings shouldn't be?

Clowns!

Kpartners:
“I do not want Peter Obi to ever become the president of Nigeria again. I know he has a saviour complex thinking he can still salvage Nigeria.

They are going to leave a carcass of a nation for him to come fix when they have plundered it to a wasteland. Then blame him for not waving a magic wand and fixing sh!t overnight.

Peter Obi warned everybody the last election was a f!ght for the survival of the country...Agbado people labelled him a divisive b!got.

Peter Obi should actually retire with his beautiful Aunty Maggie and let who wants to p£rish...p£rish! 🤷🏾‍♂️”

exactly oo

Obi would be the most stupid person on earth, to willingly want to put himself in this kinda mess that his isn't a part of.

Eleru lo ye ko gberu e.

APC that put us in this position should kuma continue till they fully bury the country, so that history will tell and show how they were the end of Nigeria.

It is best left to imagination where Nigeria would be by 2027..why the hell would he want that kind of wahala?

If I were him, I would sit on the sidelines and watch them destroy everything patapata. Las las these bastards have forced me into a position where i have to flee from this country, but wherever I am on this God's green earth, if I still dey by 2027, I will come back to vote APC again just for the fun of it. Let me see the bastard that will query my choice then.

Rinoxy:

I, the desolate bastard behind the moniker Rinoxy was allegedly born by a demented father, and I was told this by my whorish mother. I need urgent help.

You do fit the bill of a mistake in all forms. Coming from such degeneracy, you didn't really stand a chance at normalcy. Get the much needed help.

✌️

Lament all you want, no one cares. Wait and endure the baby steps of pain, while Thubv and his group of brigands use '500m first' to constitute a wage review committee.

Happy gnashing of teeth Nigerians. You deserve it and more.🤣

Paraman:
k

You can keep on crying and monitoring my comments on nairaland with your numerous accounts jobless boy

you're probably the gateman in Abuja with the ugly boots lordvicco the imp or whatever you call yourself. It is quite easy to spot the dregs of society, even online.

Paraman:
If you're not fine with it, you can leave nairaland. You won't be miss missed jobless boy

unintelligent and uneducated boy.