₦airaland Forum

grandstar:
The company thought things would look up with a new government once Buhari was out of the way.

However, Tinubu has fallen short of expectations.

The elephants in the room are the $7b demand the CBN is yet to clear.

The other is the CBN refusal to fight inflation with gusto by increasing interest rates and the statement that inflation would hover around 21.4% next year. This was the joke of the century.

Government needs to slash company tax to 15% or less. This will drive investment in Nigeria and boost economic growth.

To clear the $7b, the government would need an IMF bailout. However, the IMF won't lend the nation the cash with the CBN's pro inflationary interest rates. It would demand the issue addressed.

It would also demand cuts in the size of the civil service, which would trim government spending. It would also demand the deregulation of the petrol and electricity prices which would further cut government spending. They would also demand liberalization of imports

Many of these proposals are dead on arrival, especially the sacking of civil servants and deregulation of electricity and petrol prices.

Anyways, P&G exit from the country is not a death sentence. Many Nigerian owned companies are taking over the landscape, able to thrive in the harsh conditions of doing business in Nigeria. We have brands such Biggie and Viva taking over the landscape.

Nevertheless, it would be great if P&& stayed.

numericalguy:
ST00PEED IPOB cannibals everywhere.

How you want take get sense after u kill, roast Ur MODA chop

Disgusting cannibals

numericalguy:
That is good because northerners will also avoid his stupid cars

callthefred:
The Innoson man is a bold and courageous fellow but I still think a business like this cannot be sole proprietorship. He needs to go into fully manufacturing and not assembly and should focus very more on making the company public to be able to raise a huge capital base that can supply local markets. It's a good one from our brothers on the Eastside

IjebuWarrior:
This looks more like a mechanic workshop, abeg.

ANSMEDIA:
Innoson and other big indigenous industries in the east has proved that you can succeed in business staying in Southeast

Itzlinda:
Interviewer Question: Nigeria as you know is broke. It spends so much more than it earns. What are your concrete plans to take Nigeria's economy out of life support.

Peter Obi: "Deal decisively with issue of insecurity so you can get your farmers to go back to farm. Start pulling people out of poverty as quickly as possible. Reduce, aggressively, cost of governance and deal with the issue of corruption."

AGAIN, I want Peter Obi to lead Nigeria because, I think, for justice and fairness and to prevent crisis, it is the turn of the Igbos and a Christian, more so when they have a fairly popular candidate. I also want the political heavy weights to collapse so that people get to power simply by the agenda they have, it is a lesser evil.

HOWEVER, Peter Obi is not ready. He needs to sit down with a team and put ideas to paper. And he should be able to acknowledge the good the present government is doing and promise to keep whatever is good while discarding what ever is not so good. Because he keeps denying every goodness in this government while suggesting exactly what the government is doing. For example, he suggested private individuals coming into owning refineries, DONE ALREADY!

Any problem you ask him about he joins you to lament the problem and that is it. He needs to sit down and plan!

Other than these we MAY have the worse President ever if he goes in like this. It will be a mixture of lack of preparedness, wanting to do news things that you didn't plan (and destroying the old ones in the process) AND being over confident about what you are doing even as you will not have direction.

tinsel:
In 2009, when Obi was the governor of Anambra state, his 2009 budget for Governor's office was higher than that of education and health combined.
Compare below his 2009 budget with that of Chimaraoke.
Should we discuss how, under your leadership, Anambra budgeted N5.8 billion and N5.3 billion for the Executive Governor's office in 2009 and 2008, respectively, while the total budget for education was just N2.8 billion?

The way Obi talks about health and education, you would think he spent a lot on capital expenditure for them
- Governor's office : ₦5.8B
- Edu: ₦2.8B
- Health: ₦1.5B
Compare this with
@ChimarokeNamani
2005 budget:
- Governor's Office: ₦1.4B
- Edu: ₦10.7B
- Health: ₦4.3B

Leoleo1:
Low budget Abeokuta

Leoleo1:
Low budget Abeokuta

kozmokaz:
Ah

When them paint this one ?

Nwanne I’m a full blooded son of the soil

I sure know u are too

Pls let’s stop celebrating mediocrity pls

Soludo have a lot to do in awka

All those roads under construction non have been completed yet


Nwanne it’s my duty to hold him by the balls so he will be accountable and do what he was elected to do

Airlord2030:
it is not in my region

We hate igbo made here

Blitzking:
OUR Chinese brothers if nigeria is to be like China we need the ibos..if we are ever going to have a group of die hard individuals who would stand up again oppression with herd like mentality and demonstration we need the northerners to be educated and made to see how one nigeria will benefit us all...if we want to be regarded as a country of academicians and researchers we need the Yorubas
Implementation igbos
Justice northerners
Research...yorubas.

Despacito1:
What is this, ordinary story building like onitsha, tell Soludo to fix the bad roads in Awka before dreaming of skyline, you don't know know what is skyscraper Village people. This is the same hotel you can find in Hundreds in Owerri and Enugu no noise. Anambra can be lousy and mouthy for small drainage or one lane road project, praising their incompetent Governor.

Airlord2030:
They should keep it in their region.

if we see it in SW, e nor go funny

Reference:
Then that is fantastic.
The right way to go about it.
Government should look at integrating existing industry towards specific goals and supporting them with resources.
Not the tossing up of resources in the air and expecting it to germinate wherever it lands as with the history of federal government programs over the years.
Look at all the resources that went into rice farming. A complete toss up. Today it is apparent a lot was lost to the hard rocks, the birds of the air and the thorn brushes.

Whereas a wise farming government that seeks to sow resources for development diligently applies resources to 'prepared' soil, in a specific manner, in right quantities and will tend the plants till they bear fruit many times the number of seeds sown.

That is why when government claims to intervene particularly taking loans right thinking people want to see the in and out which makes the difference between investment and gambling.

Focusmind:
Debt everywhere without any visible impact. The tragedy of Nigeria. From Local to State and to Federal, all tiers of the executive government is packing up Debt

AbuTwins:
Do you have evidence?
And how are you sure this too won't follow same way?

Onitsha collects lout Money than Lagos. But you'll still call Lagos an agbero state whereas Onitsha is the home of agberoism!

GoodLife4live:
stop scamming them OTA look far beautiful than this ... U when to pictures the real village in OTA and compare it with that slum in abia..

Oya show me... Aerial view of Amikanle OTA... Oju ore, OTA and Obasanjo OTA in ogun STATE....

Chimarto:
I wonder ...... Igbo people are so good that many tribes are claiming us.... Someone once said we're from Ile-Igbo, this one say Benin but we're Jews now.