₦airaland Forum

It's not possible to owe a worker 8 years salary and he will be alive and continue to come to work.

Maybe it's salary adjustment or something.

@oluseyiforjesus
Explain to a layman please.

@me
The finance act 2022 signed by buhari demands that higher institutions should remit 40% of their surplus internally generated revenue to the federal government. The implementation period is this year.

The ministry activated it but wrongly i.e. that they should remit 40% of their IGR. The schools complained that the implementation will force them to pass on the cost to the students. This will result to higher fees.

The president listened to them and stopped the implementation.

@KillahPriest
CHAI !!![/b] another kick and start. Policy flip-flops upon policy flip-flops


Source please before they spiritually stop it like they did the yacht.


@me
I don't think you guys read before commenting. It was in last year's finance act signed by buhari and due for implementation this year. The ministry of finance just activated it but he stopped it.

@Amotolongbo
You don’t play on the intelligence of our scholars.

The rebuttal was too much to bear, he had to rescind his plan.


@me
He was not the one that introduced it. It was in the finance act signed by buhari.

@ican2020
Nothing on ground to show for the so called reform rather prices of goods and services keep on rising consistently on daily basis

Work the talk for we want to see improvement as soon as possible.

@me
A macroeconomy is not as small as family finance. There is always policy gestation period. When did you change the CBN leadership? When did you appoint the finance minister? When did they put their policies together? How old is the regime?

If the stats say that the exchange rate has gone bad and the inflation is looking to the north, we quote them and use it to mock the government. Now the stats are saying that there is deceleration, which means that the rate of increase has reduced, we don't want to hear that. We want instant result.

What it means is that we are moving from the experience of an item costing #500 today and in two weeks the same item costs #700. If this trend continues we will get to where the cost of the same item will be constant for months and ultimately the price reducing.

These things can't jump overnight.

I think history will be kind to tinubu. When the APC merger came up people said that political merger has never worked in this country. Majority laughed and declared it impossible. So many bricks were thrown at them. The group forged ahead. When the nay sayers particularly PDP discovered that the founders were determined they registered a political party. Suddenly the usage of the letters APC became an issue. The case even got to court and the present APC won.

Where's the political party now. Politicians have now known that merger can work in Nigerian politics.

LP and PDP merging to fight APC is like the sudden friendship between Herod and Pilate because they want to condemn Jesus.

@Wealthoptulent
Na free Data cos am.

@me
Very correct 💯 statement. Too many lazy youths. Internet has spoilt them. When you read what they write offline you will be ashamed.

In naija everything na original and first grade.

Lagos, Lagos and Lagos. Danfo drivers no dey eat they only drink.

@festacman
By the way, there is no picture of Adams Oshiomole with swollen face and bloody bandages as NLC President anywhere.

@me
In those days labour was not used for political drama.

Look, I don't know about these days but during our time of campus Aluta struggle, if our SUG president comes back to the campus with swollen and bloody face, the campus and the town will be turned upside down. How much more the president of NLC. We are talking national president here. Nonsense!


@me
Did you guys shut down the whole universities in Nigeria because of an isolated case?

Did you disclose what you inherited when you took over as Anambra state governor? Mr later day responsible leadership expert.

This one na cele ritual as coconut don enter ram.

@seguno2

If it is not propaganda, then why is the dollar rate worsening and the CBN unable to clear its backlog of payments to foreign companies

Did you think about this before you typed your comment?

@me
The dollar rate is worsening because the aggregate fx inflow is still lower than outflow. Effect of the increase of non-oil revenue on dollar rate depends on the mix. If a reasonable part of it is export income then it will affect the exchange rate positively. From the analysis the bulk of it is in naira. The benefit will be less shock on the economy because of volatile international crude oil rate.

The CBN clearing the backlog is dependent on availability of fx. It's a difficult situation. Someone took things on credit enjoyed it and left. Another person comes in and is saddled with the responsibility of paying for the goods already consumed as well as find money to run his current cost.

Our minds have been so tuned to propaganda in this country. Everything is not propaganda. The statistics is from budget office. You can access the information.

Very good development. More income stability.

Evil of the last ASU strike. The academic year is being rushed. Lecturers and students are stressed 😫.

RIP to our dear Doc.

@Iseoluwani
useless country.


@me
Only a useless person lives in a useless country.

@Ruke1989
some of you just like to talk but not well informed. NNPC is on strike, FG revenue generating agencies are on strike. FG has a lot to lose than those companies. Do those company CEOs buy need money for private yacht? Do they need money for jumping abroad every week? The strike will hurt tinubu and the political class because they will have to double their efforts in borrowing to meet up so as not to provoke the electorate if they are not able to pay salary. Tinubu will have lesser free money to use for briibing judges, renovating his house or changing cars. As for those companies they were already losing money since tinubu dollar policy. It was only tinubu that gained through the dollar policy because he had 1.9 trillion naira to share in one month instead of the former 700 billion naira. That was because the new naira rate was used to convert Nigeria earnings. Though you are defending him only because he is from your tribe, but he is under pressure as long as NNPC is on strike.

@me
Does nnpc produce crude. Crude production is going on. When the economy is battered the rich will survive the poor will not. Today some people still fill their tanks while most cannot afford three meals.

@Bigboytinz
too cheap you can make that in a day so what are u saying

@me
Make 200 quid a day? hahaha. National minimum wage is around £10 per hour.

@Whalis
This is no news as people in UK do not need fridge in the first place. Heating system is the first priority and not freezer.

@me
How do you preserve your food?

@advanceDNA

200k is now less than 200pounds oooo ..that's cheap oooooo bill oooo

@me
Cheap when you are on £10 per hour job. £200 is your income for three days. Nigerians like to convert.

@jmoore
They have 24/7 electricity everywhere in their country. Unlike your country ran by criminal leaders that is generating 5,000 megawatts for 180 million people.

@me
Your country is not their mate.

Lazy government workers. Let the ignore them and declare no work no pay. Refuse to pay for one month, declare them terminated and start the process of recruitment. Everyone will rush back to work.

Please bring ngige back to deal with them.

@Praxis758

Oshiomole did worst than this under OBJ and today’s critics of the NLC were those hailing him then.

Would Oshiomole be beaten as NLC president during his days and the the nation won’t be set ablazed?


@me
The Ajaero man was not on national assignment. He was on his personal party assignment. The event concerned Imo state. Is it not rascality to declare national strike?

In Aba the strike that we know is the Monday ikpa strike. Aside banks not opening wetin concern us. Hustler get strike? I dey hustle enode due I come add strike na suicide jor.

Make Ajaero go sidon for doti jare.

Soldier no dey do his own where they post him? Na him holy pass?

Contract marriage in Nigeria? See selfishness... you will marry her for fixed number of years. She'll bear the pains of child bearing and do wifey things for you. You alone will take the children. At the expiration of the contract she will pack her things and leave. No child, no husband, no home. You would have sandpapered everything in her whatever

You will then have another contract marriage. This time no child bearing. Only wifey things.

Na only you get sense. Even though some of you underrate women, they are not as stupid as this. Have some respect for them.

Tinubu should just switch to buhari's mode. Since he dealt with ASU they have been quiet. Let's have this strike from Ajaero and his cohorts once and for all.

@rejoice4eva
Exactly my thoughts.
They are just amalgamation of wicked and opportunistic self centered power mongers who collided to hijack power to fulfill their inordinate ambitions to the detriment of the nation.


@me
Collided? Maybe trailer and armoured car

@IyaTola
The older the sweeter.


@me
What is sweet 🧁 in this? Pure dead wood 🪵.

@utime
Maybe a Nigerian minister will be appointed now.

@me
No, a Briton has been appointed. Cleverly. He is the current foreign secretary. Cameron is taking over from him.

What is the name of PDP chairman??