₦airaland Forum

Mandate2023:
U r very gullible, u don't know anything aside blaming the government.........the major cause of low sales is smuggling in of fake sub standards products and inflation.....if the products is not essential dey just have to reduce the quantity of products dey produce and just find a way to stop increasing price, in production there's always production risk and sustainability, it's not everyday that u make big interest, there r times u run at lost just to stay in business.....everyday is not Christmas and dis applies to companies across d world during inflation.....it is better to reduce price and sell them out than pile them up for damage

Shikena:
The real issue with our system right there!

nairalanda1:
Well, forget about defence. In this case there is nothing to defend. The man messed up, and he knows it. Plus what he did was very very egregious

Apology accepted, and I do apologize if my comments got too pointed and abusive.

Tajbol4splend:
Mock him all you want but Tinubu government has done what governments in the past couldn't do.

He understands how to reform our economy by first removing fuel subsidy which is meant to inevitably cause temporary hardship.

He appointed an efficient Cardoso as CBN Governor who has so far identified the hidden catapult throwing stones at Naira, then naira devaluation (a policy which some people are using to cash out big time, and one which is meant to kill the hunger for dollars and importation.

Tinubu government decisions have been on point even though the results have not been duly communicated to an ordinary layman, and it's no surprise that people who are criticising him haven't come up with something he has done wrong, just insults and curses without substance.

Tinubu is on the right track, personally I never expected him to be prepared for the job because of his health but I am glad he won, and I'm sure by the time his policies start yielding results, we would want him forever.


Batified

EponObi:
😂 Bro, don't mind them. If it's as simple and easy as they say, more than half of Lagosians should be millionaires by now with houses on the Island. Some even said he can change job 5 times a year if he goes for the #200k job. 🤣

Shuuu? If that's the reality majority of them won't be languishing in danfo as late as 12am and as early as 5am. You go think Lagos is El Dorado.

The average Lagosian has a very low short life expectancy compared to other residents in other states and we all know the reason. Lagos hustle and bustle is not the flex people think it is. It's a pathetic lifestyle.

If to say the majority of them dey always get tangible assets after the hustle, e go better. Many of them dem born Dem inside that hustle and na on top same hustle dem them grow old and die. Iranu.

Nicepoker:
Stay in Ogun state and do both jobs.

badoh:
Please tell us the strategy he will adopt by removing subsidy in phases?
What was his scorecard in Anambra State when he was the governor?
Why did he allow health workers to down tool for almost a year without considering the attendant effect on the health sector?
Why did he invest state funds in a bank he has vested and controlling interest?
What critical infrastructure did Obi built that we can call a legacy project?
Was it true that Obi sacked civil servants that are not indigene of Anambra State?
Do you think Obi has the mental and political will to govern a a complex country as Nigeria without succumbing to the threat of Boko-haram, UGM, bandits etc
Do you see Obi surviving 1year as President without facing the threat of impeachment?

10mobile:
About this, here's a solution I believe in because it is mainly people-powered...

The Shortest Cut To Raising The Value Of The Naira: A Proposal To Nigerian Governments, NGOs and the Masses(Google Doc)

Let's stop depending on government officials because even if they get the idea, they will not know how to implement it. They will only use it to go and curry favor and it ends there.

silverkings:
We no warn una?? We did but we were called unprintable names.... Enjoy your renewed hope.

This morning I bought Three crown milk for 700naira...... I didn’t shout, I paid and moved on. I said in my heart, Thank God that I can afford it. Thank God I can take care of myself in this hyperinflation.

May God save people and provide for people who voted against this calamity but if you voted Tinubu.... Suffering and pain will be ur portion.... Ndị mgbu

KelGraphicz:
Some people in Nigeria don't want any good news in this country , especially in nairaland it's so sad

Elzazzi:

I don’t think this has something to do with the game. Maybe he had some underlying health issues. May God give the family the fortitude to bear the loss.

abhosts:
I remember warning Nigerians never to allow subsidy be removed but them no gree hear word. According to the zombie supporters of Obi, Tinubu and Atiku, the savings from subsidy would be used to transform Nigeria to Dubai. In furtherance of their hallucinations, they said dangote refinery would bring down cost of petrol because shipping expenses would be eradicated. What many ignorant Nigerians fail to realize is that subsidy is a far cheaper option based on our current economic reality. How do you know that? If the FG is to restore the standard of living for Nigerians to the level it was before removing subsidy, it would cost far more than has been saved from subsidy removal. Before subsidy removal 30,000 minimum wage was still a bit reasonable, but now anything below 80,000 minimum wage cannot be sufficient. Can subsidy savings be enough for FG to afford paying 80,000 minimum wage?

Only Sowore and the SDP presidential candidate were pro-subsidy and had a heart for the masses in the last presidential elections. The others were IMF puppets.

Now here is a major difference between White societies and primitive black monkeys. In white societies people like Sowore that were correct in their diagnosis of subsidy would win seats in parliament in next elections but blacks would still continue to support candidates that were wrong. They are unrepentant and stubbornly tribal even to their own detriment.

2Ways:
I stopped being active on nairaland since last year. Because I needed my sanity.

Sonnobax15:

Just like I told one passenger who boarded my keke recently--"that something bigger than end sars is coming"

Cuz we can't continue living like this...... Only God knows the number of people I encounter on a daily basis who come to me for help...Even tho say I still dey struggle like this self.......Na wa.......

Once Ughelli and warri mistakenly join this thing, just take am say e don cast be that...
The hardship is just too much....

DeLaRue:
You think so, but that's not the reality.

There is a pain point at which demand for many imported goods will fall fast. People will simply start buying less and less of them. Whether that pain point is at N1500, N1800, or N2000 to a dollar, I don't know.

But the CBN will have the data. They know. If N1500 doesn't stiffle imports to the level they want, I suspect the CBN will not mind seeing naira close to N2,000 to a dollar.

In some ways, it is to the credit of Mr Tinubu's administration that it is willing to follow this extremely tough path to redirect the economy from import-dependence to greater local production. For a politician facing election in just over 3 years to follow a path that may not show positive results for a few years, is truly brave.


The Nigerian economy was heading for the rocks after over 40 years of mismanagement. Tough decisions are needed to correct long term over dependence on imports.

That naira/dollar pain point is the point at which local production of certain goods starts becoming more viable than importing the same goods. This should translate to us producing more of what we need locally. This will lead to more job creation, less pressure on the naira, and a stronger, more balanced economy in the long term.

But this approach comes with a lot of economic pain initially, as the country is witnessing now.

That's the theory o.

Whether things happen in practice like I stated above is a different matter, because Nigeria's situation often defy economic theory.

Nice2023:
By June,I will buy rice for 2024 Christmas rice.

Fryx:
I just feel the vibrations. My bathroom door got opened and the house shook.

I concluded it can’t be bomb cause bomb don’t affect large areas like that. Bomb effect is usually concentrated. But if it is a chain reaction from several explosive, then it is plausible.

Fryx:
Whatever, that’s probably the case.

No terrorist will plant bomb in a residential area. The market is not far away.

The behavior of the blast is not how a bomb usually behave. Ordinarily, I believe it’s gas. But explosive meant for mining is also plausible.

God1000:
Why such hasty statement, the best thing is to wait till tomorrow before releasing a statement.

looseweight:
I do ply Sango to UI road almost everyday. Not quite long ago, when this particular site was getting developed for a gas station, the residents rose up and challenged the government on how unsafe it is to site a gas station around residential buildings. They even went as far as making noise on radio stations but it all fell on deaf ears.

During the construction of the gas station, I normally sight minimum of three policemen stationed to prevent m protest and avoid break down of law and order. I felt like the government cheated the people living around this gas station by not listening to their cries. If the news is true, who will bear the brunt most, if not landlords around this place. What they feared most has finally come to pass.

APCHaram:
Rock blasting at night and close to residential areas ?

Not buying this.

It's not also an earthquake as earthquakes are not explosive in nature .

I am not buying the gas explosion as well as the pressure shock wave was felt far and wide.

I would have said a probable meteorite strike but I am ruling that out as well because a meteorite strike would have been visible in the sky before impact.


This is looking more like an explosion resulting from an explosive device


Gasland is fine....I stay close by..

Hillarie:
Having felt the impact firsthand at my hostel in UI, I really hope they come up with a convincing and non-fatal explanation.

Felt more like a tremor anyway.

Dougad:
People passing said the gas plant is 100% intact. The explosion took place in the mall and has nothing to do with gas. That's the fake news

NinjaMetahuman:
fake news.
It has been debunked on Twitter.