₦airaland Forum

Racoon:
Yahaya Bello-the infamous "tatatata" governor? This country is doomed.Dont blame this dunce because the sitting president has so much lowered governance with cluelessness, lacklustre & uninspiring performance that makes the likes of Yahya Bello see contesting for the presidency as a worthy contest for the most stupid.Spits!

Nbotee:
But countless lies by the army and govt about the incident makes sense right? How many times have d army and d govt changed its narrative on what happened in Lekki?

Helpfromabove1:
Trump my man

Blackking98:
I will pass paper hunting to my generation to come so they won't have to sing praises and look like fools just to survive like u, I pray your children and grandchildren sing praises for people for 30k just like you. Amen

Blackking98:
typical aboki mindset. My mate's are having hope of being billionaires likewise myself , but typical malam is hoping for children. clown

Blackking98:
[s]Shut up
What smelling point are you even making
If your paymasters lead Nigeria well, we the masses would be the ones warning the UK to hands off our issues, but because they have failed woefully and even go as far as trying to stiffle dissenting voice's and criticism because they feel they're the Highest power, we will give a higher power the permission to discipline them for us. It's simple. Tell your paymasters to do the right thing and we'll open threads warning foreign world Powers to hands off, but for now we give USA, UK,etc permission to do whatever they wish to our government. [/s]

Blackking98:
Shut up your mouth. You speak only for yourself
Even your paymasters children school in the UK. They like the UK but poor man like you is threatening the British

Blackking98:
If your idea of employment is praise singing for peanuts then I pity your generation unborn.

Blackking98:
See mumu
Why didn't he go where it's free, it's not by force to go to UK issit? Fool.

Blackking98:
Your salary is what I spend on data, not everyone eats peanuts like you do, Bastard.

Blackking98:
Keep defending your paymasters, by 2023 you'll become unemployed or better still become praise singers for another person, u have no future as it is, lazy foool.

Dong2:
If its true she said then back to sender still!

Alphafeezay:
Na this man suppose be President of Nigeria.

flavnwokem:
And the benefits of the closure include Recession is a bag if rice 40k, one square meal a day for 80% of Nigerian families, the capital of poverty of the world, extrodinary hardship. Please add your own gains.

-Chancellor says economy faces worst downturn for 300 years
- Sunak cuts foreign aid, freezes non-health workers’ pay

Chancellor of the Exchequer Rishi Sunak warned the U.K. will suffer its deepest recession in more than 300 years as a result of the coronavirus pandemic, with unemployment expected to reach 7.5%, as he set out government spending plans.
Sunak announced billions of pounds for new infrastructure projects to boost jobs, and support for low-paid workers, but he cut funding for policies he said were hard to “justify” -- such as public sector pay rises and overseas aid.

“Our health emergency is not yet over and our economic emergency has only just begun,” Sunak told Parliament. “So our immediate priority is to protect people’s lives and livelihoods.”
The chancellor’s statement to Parliament on Wednesday began the British state’s painful reckoning with the financial consequences of the pandemic, with some tough decisions on how to address a ballooning budget deficit.
With renewed lockdowns threatening further economic damage, the chancellor focused on support for jobs and the unemployed, plowing tens of billions of pounds into infrastructure spending, and ensuring the health care system can cope with a resurgent wave of infections.

Borrowing Surge
Britain is facing a fiscal deterioration unprecedented in peacetime history
Source: Office for Budget Responsibility, Treasury comparison of independent forecasts in November
Note: Fiscal years ending March
Sunak’s choices will set the tone for the ruling Conservative Party’s approach to the fiscal legacy of the coronavirus.
The most noteworthy announcement in advance was the biggest uptick in defense spending in three decades: a four-year, 24 billion-pound investment in the country’s armed forces that pleased traditional Conservatives. The chancellor also confirmed a cut in the U.K.’s foreign aid budget to 0.5% of national income, breaking a promise to spend 0.7%.

The drop in overseas development spending is likely to dismay other Tories including former Prime Minister David Cameron, who warned it will hamper renewed efforts to display Britain’s global role just as Brexit takes effect.
Sunak said the 0.7% aid commitment was “difficult to justify” to the British people. “I have listened with great respect to those who have argued passionately to retain this target,” he said. “But at a time of unprecedented crisis, government must make tough choices.”
Curbs to public sector pay also provoked an immediate backlash.

“Earlier this year the chancellor stood on his doorstep and clapped for key workers, today his government institutes a pay freeze for many of them,” Labour’s shadow chancellor, Anneliese Dodds, told Sunak. “The beginning of his speech was that our economic emergency was only just begun. Try telling that to people who’ve been out of work since March.”

The chancellor has found himself spending in a way that no Conservative chancellor would easily countenance. As of July, costs totaling 200 billion pounds had been racked up or earmarked to tackle the virus and support jobs and businesses through the crisis.
More borrowing will be needed. The government plans to issue a record 485.5 billion pounds of bonds this fiscal year.
The Office for Budget Responsibility forecast that the already dire economic situation would be made worse if the Brexit negotiations end without a deal. In that scenario, unemployment would peak at 8.3%, while the economy wouldn’t reclaim its pre-virus size until well into 2023. The long-term GDP scarring of virus would be 5% rather than 3%, according to the OBR’s latest forecasts, published Wednesday.

— With assistance by Andrew Atkinson, Kitty Donaldson, Thomas Penny, Emily Ashton, and Flavia Krause-Jackson