₦airaland Forum

CJStarz:
My brodaaaaa,thank you for that clarification. E come be like say na hunger wey dey turn my eye so

oh sorry bro. Too much hunger in the land. May God Almighty help us oooo

The money will still be embezzled

CJStarz:
Very funny but true

hmm not true. They are different now 😂

CJStarz:
Ijeoma is an Igbo name. U mean to tell me that Ghanaian police force recruit non citizens as well? Wow! Igbos to the world.
Op,no vex o, U be Ghanaian?

Na blogger ijeoma follow up the scene of the Ghanaian policewoman 👮‍♀️ niii

Very true here. 100% truths. Tinubu government have destroyed the economy

FreeStuffsNG:
Coup Aftermath Leaves Niger Republic Economy In Tatters


Many in Niger are suffering under coup-related sanctions. Junta backers call it a worthy sacrifice.

UN estimates that Niger is the world's third least developed nation

Sanctions and suspension of international finance and aid have left the economy of Niger, one of the world’s poorest countries, hanging by a thread three months after a July 26 military coup.

International Financial Support Suspended
The European Union (EU), a key partner for the Sahel nation, had allocated 503 million euros (554 million dollars) “to improve governance, education and sustainable growth” for Niamey from 2021-2024.

But the EU, France and other partners halted their budget support immediately after the overthrow of elected president Mohamed Bazoum.

Today Niger is estimated to be receiving financial support of 254 million dollars compared to 1.166 billion dollars before the coup, according to a study by the World Bank and World Food Programme.

Niger has received just 82 millions dollars or 0.55 per of GDP in development aid this year against the expected 625 million dollars (3.6 percent of GDP), the study found.

The figures from early October do not take into account the United States suspension of some 500 million dollars in aid to Niger.

Budget Slashed

The EU says Niger has financed only 62 percent of its national budget through internal revenue.

The military regime announced at the start of the month a 40 percent cut in the 2023 budget due to “heavy sanctions imposed by international and regional organisations … exposing the country to a major drop in external and internal revenue”.

Sanctions by the Economic Community of West African States (ECOWAS) prevent Niger from propping up its budget and banking transactions via the regional financial market run by the West African Economic and Monetary Union (UEMOA).

The authorities in Niger have as a result demanded taxpayers pay cash rather than deposit money on a Treasury account which has been frozen by sanctions.

During the crisis, priority has been given to civil servant salaries to the detriment of public investment, said the WB.

Niger has missed several interest payments on loans which could “very probably” see the suspension of yet more international financial support, the bank said.

New Infrastructure Woes
Nigeria, which supplied 71 percent of Niger’s electricity before the coup, announced a halt to the service.

Niamey’s Nigelec company can today meet between a quarter and half of demand across the country, according to the WB, which added that the financial situation was deteriorating.

Several infrastructure projects have been put in jeopardy by the suspension of Western cooperation.

The commissioning of a 30 megawatt solar power plant at Gorou Banda, financed by the French Development Agency (AFD) and the EU has been delayed.

Work on the Kandadji dam, financed by the AFD, the West African Development Bank (BOAD) and ECOWAS’s investment bank (BIDC), has been halted.

For the WB the delays on electric infrastructure projects will inevitably hinder access to affordable and reliable power for homes and industry.

Economic Slowdown
GDP growth had been projected at six percent for this year, boosted by oil exports.

It is likely to fall to 2.3 percent if sanctions remain in place to the end of 2023, the WB said.

And 700,000 more people could find themselves in extreme poverty.

The risk of a lack of liquidity has however eased with money transfer companies continuing to operate in Niger, despite sanctions.

The supply of funds to Niger are “limited” according to the bank but generally help the poorest.

Mali More ‘Resilient’
Neighbouring Mali has faced similar economic sanctions from ECOWAS seeking a return to democratic rule in the aftermath of a 2020 coup.

The World Bank noted last April that Mali’s economy has proved “resilient” under sanctions.

The budget deficit has stabilised at five percent of GDP, a “high level” that has seen public investment suffer and poverty increase, the bank said.

https://www.channelstv.com/2023/10/30/coup-aftermath-leaves-niger-republic-economy-in-tatters/amp/
Mynd44 nlfpmod

APC lies and propaganda as usual 😂 . Is Nigerians not living in penury and pains niii

tesppidd:
I sight Fubara with his small head still looking pissed.


You went and signed agreement with the devil and now they are telling you "agreement is ehhnnñ, agreeeeement"

😂 you see them signing the agreement niii

As if he didn’t know the activities of Seyi in the villa before. Who is he deceiving?

Indefatigable Governor Douye Diri will win his reelection bid in next week Saturday governorship election joor. He’s heavily prepared to win the poll . Bayelsa people have rejects Timipre since

fergie001:
Johnny my Johnny, you know I will go straight for Dino if it were to be in my place for sake of equity but the odds are just against him.

I wish him success though......

fergie001, you have huge fears in your heart. Chaiii you dey afraid of APC shaaa. You will not believe till you see the reality. I won’t talk much cos’ this is a public forum. Na next week Saturday be the election. Much on ground to cover the activities of the election. Okene is our flash point and so Pdp is doing the needful to have much votes in the stronghold of Ododo LG. Let’s keep our fingers crossed bro. Senator Dino Melaye will surely win in landslide victories.

Tacha said the truths here

Wike fought Amaechi, fought Atiku, fought Peter Obi, fought PDP, and now fighting Sim Fubara. I think Wike is truly the problem. He will still fight Tinubu. It is just a matter of time.

We will not allow an APC Minister to intimidate a PDP Governor, we stand with Gov. Sim Fubara in this trying times.

vanitybutiwanti:
LOL I'll quote you before today ends, all those Elders in sims entourage are wikes allies, you know nothing, you don't even live here

which entourage. CSO has been sacked. Dey play

Dear Gov Sim Fubara


I will like to bring your attention to the public outcry that Mr Nyesom Wike’s house , His family house are not situated within the ambit of the master plan of Rivers state and WE the citizen of River state are urging Y.E to please bring down those buildings that are not in the plan of the state sir .
May God continue to guild you and be part of your journey to lead Rivers state to the promise land

Signed : Coalition of concerned Rivers State indigenes.

PDP Governors Forum to meet today. They will support and defend their brother, HE Sim Fubara.

Wike will today knw the full meaning of a “Former Governor.”

vanitybutiwanti:
mumu, when sim is going to beg Wike in Abuja

Fubara is going to Abuja to attend Pdp governors meeting niii and also they will all passed votes of confidence and huge solidarity to him and his government. Fubara is 100% winning the war. Wike has been thoroughly defeated and dealt with.

If Wike can demand 25% of Rivers state allocation from Gov. Sim Fubara as alleged by Chetam Nwata, imagine the percentage of Rivers state allocation Wike used to pocket when he was a governor of the state for 8yrs?

Sim Fubara shud probe Wike!

PDP Governors have convened an emergency meeting to address the crisis between the governor of Rivers State, Siminalayi Fubara, and his predecessor, Nyesom Wike.

The meeting, scheduled to hold today at the Akwa Ibom State Governor’s Lodge, Asokoro, Abuja, by 3 p.m.

UPDATE: The plan to get the Deputy Governor of Rivers State to resign; a plot to pave way for the former Speaker has failed.
As at 7:06am this morning, Wike lost the fight.
The state structure is currently being reconstituted in favour of Sim Fubara. More stakeholders

"You Can't Push me around, I'm not your son, and Remember that I was your Accountant General, so be careful."

-Fubara to Wike

israelmao:
Dino should work with this woman in order to garner support for his victory,no matter what people say about Dino I still prefer him to Bello or his nominee 100%.

Dino and his team are working with her and her senatorial district too

Raheeqilmaktoom:
At this stage backing out is nearly impossible. Both camps are out in the open now, trying to outdo each other.

Didn't expect Wike to be disgraced this soon, though its been in the offing for as long.

Wike has been disgrace and he will continue to be disgrace fully

Fubara is much winning the battle

Congratulations 🎉 to the Kogi Central Senator elect

To God be the Glory, barrister Akpoti won the battle . Meanwhile, Kogi Senator kneeling down to a governor in Kogi State, Yahaya Bello

https://www.youtube.com/watch?v=fKhLy-xtQ7Q