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Wirinet's Posts

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PoliticsRe: EU: 2023 Elections Lacked Transparency, Trust In INEC Severely Damaged by wirinet(m):
TemplarLandry:
Last time I checked, Nigeria was still a sovereign state. Someone should tell this European bloc to stop pokenosing into our internal affairs. You want to criticize us, do it constructively. Anything African is never good enough in their eyes.
If you don't want anyone pokenosing in your affairs, then don't invite them to pokenose (monitor) your affairs. It is senseless to invite international bodies to monitor your elections, then ask them not to report their observations.
Since Nigeria is a sovereign country, extend the sovereignty to your economy, health services and education. Stop asking for loans and grants from foreign countries, stop your president and governing elites from jumping to their hospitals every month or week, stop sending your children to their schools from secondary school to university while abandoning the schools here and government officials should stop constituting nuisance in other countries thereby embarrassing us all.
EducationRe: ‘We Have Failed You All’ – UNIBEN SUG VP Resigns Amid School Fees Hike Saga by wirinet(m): 2:17pm On Jun 27, 2023
Osilama1:
the only education govt should subsidize is public primary secondary education... Govt spend huge to sponsor pple abroad for masters PhD yet many don't return... To me that's not good... Besides how many tax can u pay to ensure education is free for everyone... At all levels...
I believe government(s), by governments I mean state and federal governments, should provide free primary and secondary education in its schools. That won't affect private education for the rich. Then it's should offer university scholarships to the best graduating students from its schools who are obviously from poor backgrounds. Theis way brillliant or gifted children from poor backgrounds would have the opportunity to succeed.
EducationRe: ‘We Have Failed You All’ – UNIBEN SUG VP Resigns Amid School Fees Hike Saga by wirinet(m): 2:11pm On Jun 27, 2023
nairalanda1:
Oga, I am not excusing corruption.

Again...I AM NOT EXCUSING CORRUPTION.

Understand!


I am just pointing out that we are not earning enough cash, and the corruption makes it worse


Don't you ever ever accuse me of supporting corruption or corrupt officals again.

Thank you.
Sorry if you are offended. I am just not happy you are not seeing the behemoth in the room which is CORRUPTION. You and I are just passionate at seeing Nigeria assume its rightful place in the committee of nation and we are just expressing our opinions passionately.

I wish we treat corruption the way its done in China or Japan. In Japan you are forced to commit suicide if you bring disgrace to your family. Here we celebrate those that bring disgrace to the whole nation.
EducationRe: ‘We Have Failed You All’ – UNIBEN SUG VP Resigns Amid School Fees Hike Saga by wirinet(m): 2:06pm On Jun 27, 2023
Buddha3:
My brother, the issues bedeviling Nigeria are complex and intertwined, but have very practical and simple solutions.

We have to deviate from total dependence on oil revenue.
We have to explore other means of revenue generation. And for a country that is abundantly blessed with natural and agricultural resources, that shouldn't be a problem, if we had the honest, committed and willing leadership.
Once Nigeria generates revenue from other sources plus what's gotten from oil, and our politicians are blocked from stealing, there's going to be enough to pay off debts, raise income of the working class citizens and only then should anybody consider options of raising things like tertiary education tuition.

But as a people, we are not yet ready to even have the conversations that will set the tone for these reforms, so every election circle, we'll keep electing leaders who'll take two steps forward and five steps backward, while enriching themselves with reckless abandon. This country is a system that has been designed to fail, even in the hands of the best technocrats, except there is the will to completely disintegrate the existing structure and rebuild from the start.
I dont believe we should or can deviate from oil revenue for now. Why? Because we have not yet exploited the crude oil and gas resources to its fullest yet. We are not even meeting our OPEC quota of about 2 millionBPD. Then there is the issue of our huge untapped gas reserves. Nigeria has more gas than crude, and the world is energy hungry right now. There is on OPEC quota for gas. We can make 10 times what we make from crude in gas. OBJ did some investments in gas but subsequent governments did not follow up. We don't even know what happens to the revenues accrued from gas in the last 8 years.

We need to invest in oil and gas to accumulate capital and then invest in other sectors like UAE did.
EducationRe: ‘We Have Failed You All’ – UNIBEN SUG VP Resigns Amid School Fees Hike Saga by wirinet(m): 1:53pm On Jun 27, 2023
nairalanda1:
Poor funding makes the corruption worse.

As harsh as it sounds, modern equipment and so forth do not pay for themselves.

Either we start paying in more to our universities, or we just accept that we have bad universities.

We cannot be blaming everything on 'corruption'...corruption isn't why some universities cannot afford to upgrade for better services and why our hostels are a mess.
I honestly don't understand these ultra Conservative views being sprouted by you guys. You guys are elevating capitalism to a religion. Even the US which you guys purport to be mimicking provides lots of free or subsidised social services to the extremely poor, marginalised or vulnerable. The Chicago State University that Tinubu attended is a publicly funded university, the fees are either free or substantially subsidised.
In the US the poor and aged gets food stamps. Even health insurance is highly subsidised under Obama Care. And this is the most capitalist country in the world. Meanwhile you guys are behaving that any type of subsidy to the poor in Nigeria is an abomination. Nigeria that has the highest number of poor people in the world.

Everything and I repeat everything is blamed on corruption. Its corruption that robs Nigeria of adequate revenue and income. Nigeria has some of the highest deposits of Crude oil and gas in the world, but most of it is stolen and only a fraction enters government coffers.

Corruption is responsible for the sorry state of the public universities as no matter the money released to the universities for infrastructures, most is stolen by V.Cs and the registrars.

Our problems is not necessarily lack of funds but corruption. With the amount of mineral resources present under our soils and the population of over 200 million (if given adequate education and skills) and capital (either borrowed from foreign financial institutions, raised from bonds or simply borrowed from china), we would be a financial and industrial giant under 10 years. How long did it take UAE to transform from a poverty strike country to an economic giant? How lond did it take China that was poorer than nigeria in the 70s to be the second richest country in the world?

Watch the video below on how Saudi Arabia monitors and manage its oil resources and you will cry for Nigeria. The are able to monitor each drop of oil that leaves the ground until it is delivered to its final destination.

https://www.youtube.com/watch?v=0ix_eN8_SNc

Please stop making excuses for corrupt Nigerian political elites.
EducationRe: ‘We Have Failed You All’ – UNIBEN SUG VP Resigns Amid School Fees Hike Saga by wirinet(m): 12:27pm On Jun 27, 2023
nairalanda1:
So, she expects the university to survive on cheap fees?

Nigerians would complain all day long about half baked degrees...yet when efforts are made to improve things, they would complain poverty.

200000 naira is 270 dollars at most. And it is from that money that you expect degrees that can compete with unviersites that charge higher.?

Okay o. I don talk.
You expects non corrupt Nigerians to survive on expensive education?

Nigerians have half baked degrees not because of cheapness but because of corruption - corruption from secondary school by cheating and special centres, corruption in universities by grades for sex and grades for sale. Nigeria Educational standard was highest when education was free and corruption was at the barest minimum.

N30000 minimum wage is less than $40. How many Nigerians earn N200,000 per month? Even at N500,0000 per month, how much disposable income will be left after transportation at N500 per litre, electricity at N100 per Kwh and inflation at 18 - 20% per annum?

Nigerian elites don't even think or care about the poor or less privileged, they act as if they should all be eliminated from the country.
PoliticsRe: “Once Your Passport Expire, Your Citizenship Has Expired” —Olanipekun To PEPT by wirinet(m): 8:23pm On Jun 25, 2023
Lifestone:
Thanks for extending my point. BAT was not born in Guinea, neither is either of his parents. Passport diplomatic passport does not confer citizenship. Aside, the passport is expired.
You guys are only obsessed with defending Tinubu at all cost. Look at the heading of this thread, it's not specifically about Tinubu, it's about Wole Olanipekun (SAN) making a patently false statement that Once Your Passport Expire, Your Citizenship Has Expired. I along with lots of people here are simply pointing out the false assertion. Now the discussion about whether Tinubu's acquisition of Guinean passport makes him a Guinean citizen is another topic which is before the courts. I don't know what Guinean law is, I only know that of Nigeria.
PoliticsRe: “Once Your Passport Expire, Your Citizenship Has Expired” —Olanipekun To PEPT by wirinet(m): 6:13pm On Jun 25, 2023
Lifestone:
You are a Nigerian by birth. LP claimed BAT is. Guinean by the sole reason that he's holding Guinea passport. Now its found out that the passport has expired. Can he still travel today as a Guinean, the answer is No.
Like most of PO witnesses, they were all acting for the press and social media, not fact of Law.
I haven't seen any witness that had shaken BAT with all the noise from PO camp
Being born in Nigeria does not confer you citizenship, at least one of your parents have be a Nigerian before you can be a Nigerian citizen. If your 2 parents are Ghanian or British, you can be born and live in Nigeria all your life, you are not a Nigerian citizen.
Nigeria does not even confer citizenship by marriage, that's why there are lots of families where the children are automatic citizens but one of the parents is not.
PoliticsRe: “Once Your Passport Expire, Your Citizenship Has Expired” —Olanipekun To PEPT by wirinet(m): 4:13pm On Jun 25, 2023
pquaver:
So let do a little practicality.. We know bola was not born in Guinea normal sense na birth certificate is ruled out, a court Affidavit (u also need birth certificate, passport etc attached to the affidavit as proof) here doesn' tapply as he was conferred citizenship by the president and also he didnt present any. So as we know what was in circulation as proof of his citizenship by opposition is an expired passport.. Again an expired passport is an invalid documents hence cannot stand as proof in an court of law. Dont forget the burden of proof lies on the accuser not bola Tinubu . Shalom
My post was not specifically directed at tinubus case. I am not arguing whether an expired Guinean passports makes Tinubu a Guinean citizen or not, that's left for the courts to decide. I am only correcting the wrong impression you have that it's a passport that confers citizenship on your. You don't need a Nigerian passport to be Nigerian citizen. You can vie for any Nigerian elective position without having a passport. A passport is only required for travelling out of the country.
PoliticsRe: “Once Your Passport Expire, Your Citizenship Has Expired” —Olanipekun To PEPT by wirinet(m): 10:26am On Jun 25, 2023
pquaver:
.. Good without renewing it, you are not Nigerians.. Proof is what makes u Nigerian.. Dont you know that?
Flase! A birth certificate, a court affidavit or other documents proving at least one of your parents is a Nigerian is what makes you a Nigerian citizen and not necessarily a passport. Besides before you are eligible for a Nigerian passport you have to provide evidence you are Nigerian citizen first.
PoliticsRe: The Implications Of Tinubu's Unplanned Economic Policy Changes by wirinet(m):
Cromagnon:

Really
What keeps you breathing?
Competence?

I hate to dissent into irrationality of religious logic of "God of the Gaps" The most annoying thing that the Gaps represents personal ignorance and not scientific knowledge. For your enlightenment every living creature on earth breaths, from the lowly bacteria to the fishes in the seas to the mighty blue whale. It is one of the main characteristics of life as learnt in JSS1 biology.


Where did I mention religion?
I just said grace of God is only free lunch

What is religion without God? You are talking about grace of God but you are not talking about religion, is that not an oxymoron?

Where do we use religion as an excuse for failure?
Be spe ific

We blacks particularly Nigerians use religion as an excuse for not only failure but for all the evils that's destroys a society - Greed, selfishness, vanity, egocentricism, Laziness, etc.
We use religion as an excuse for failure when you are made to believe that grace is the only free launch when in reality there is no free launch. I am writing this from my office this Sunday morning because I know if I don't work, my children and wife will get no free launch, and grace will not pay their school fees.

And you think that is why they are as productive as they are?
You funny
If you cannot correlate education with productivity and thus with economic prosperity of a country, then I am sorry for you. You had better stop going to school and start praying for grace.
PoliticsRe: “Once Your Passport Expire, Your Citizenship Has Expired” —Olanipekun To PEPT by wirinet(m): 11:11pm On Jun 23, 2023
Zupay:
So Nigerians whose Nigerian passports have expired, are no longer Nigeria citizens?😆😆😆
What of tens of millions of Nigerians without a passport, are they not Nigerians citizens?
The Constitution clearly defines who a Nigerian citizen is, and I am surprised a whole SAN is not aware.
PoliticsRe: The Implications Of Tinubu's Unplanned Economic Policy Changes by wirinet(m): 2:37pm On Jun 23, 2023
Cromagnon:

Cos China has an incentive to be successful(competition with USA)
America has incentive to not (racism, idealism)



nothing is free but the grace of the almighty
Bone that "grace of the almighty" nonsense. Nigerians use religion to excuse incompetence and failure. You first nailed it when you opined that China(which is an official atheist state) is successful because it has an incentive to be successful. Meanwhile Nigeria is a failure (despite our over religiousity) because we lack the will, discipline and incentive to be successful. We use religion as an excuse for failure.

For your information primary education in South Korea is free and compulsory. They have almost 100% enrolment rate, compare to Nigeria with more than 20 million kids out of school.
PoliticsRe: FG Implements 7.5% VAT On Diesel, Nigerians Kick by wirinet(m): 12:20pm On Jun 20, 2023
imbless:
Agbadorism and stupidity won't let those shouting "other countries pay taxes" to know that almost all products in the Nigerian market are taxed via VAT, what have the government used the money for, secondly can you ever compare the minimum wage of those countries to Nigeria own? What about social amenities?

What has the people benefitted from this heartless APC government?
Nigerian businesses already pay one of the highest taxes in the world, the problem is that the taxes enter individual pockets and not government pockets. Even the one that enters government coffers is substantial. We pay all kinds of taxes - local government, TV licence, tenement rate, stamp duty, import duties, VAT, and so many others too numerous to mention.

This is why Nigerian produced goods can never compete in the international marker, even against our African neighbours.
PoliticsRe: FG Implements 7.5% VAT On Diesel, Nigerians Kick by wirinet(m):
ChybuzzDD:
Buhari created 133 million poor people in 8yrs.

This clueless idiot will create 199 million extremely poor Nigerians in less than 8weeks!
They don't care about the poor
Nigeria runs a system called elitocrasy. Government by the elites for the elites. The elites take good care of themselves, they have perks of office like all kinds of allowances and facilities. The poor on the other hand are seen as nuisance, that does not deserve to live and survive in the same country. Imagine Buhari government that has already pauperised Nigerians, by policies that made a bag of rice N35k, bag of flour N32k, inflation rate at 16%, unemployment hitting the roof, while all through the tenure minimum wage remained at N30,000. Now president tinubu has finally come to wipe out the poor and the middle class. He is is not even thinking of increasing wages or offering any social security safety net to help help poor Nigerians. Tinubu thinks Nigeria is like Lagos where you can bill people indiscriminately in the name of increasing IGR, forgetting that Lagos is the 4th biggest economy in Africa crammed into a very little space.

Most businesses will fail as the cost of energy alone will snuff out any profit small businesses are making. Then inflation will finally bury them.
PoliticsRe: Fuel Subsidy Removal: Cost Of Living, Petrol Rates In Oil Producing Countries by wirinet(m): 3:02pm On Jun 17, 2023
Buddha3:
What is "non-alcoholic beer" please?
The same as non alcoholic whisky.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 10:10am On Jun 17, 2023
kingyakos:
What are you even saying, wetin concern firefighter truck and bomb blast.
Bomb blasts cause fire. After the initial shock waves the rest of the destruction is caused by fire.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 9:57am On Jun 17, 2023
Megaautos:
Sir the convoy of most presidents have it.
Proof please.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 9:52am On Jun 17, 2023
viodemus:
The Americans, chinese, russians, have it. Including an ambulance.

What sillybu does not know is that, the truck is more than a fire truck, it is more so a chemical neutralizer for chemical attack and even a nuclear attack. If you successfully attack the convoy or the truck itself, the fumes and chemicals has the ability to create a neutralizing shield within a certain area, giving the security time to quickly assess, and make fast adjustments, like put mask, jump out from one car to another undamaged car, and dip out of there. Without that, they attack might overpower their mask and temporary body shield. Yes, it also has fire retarding chemical to quench a successful mine or regular fire. But overall, theirs, is part of a tactical strategy in precarious times.


Those are serious countries. Places like UK, some asians like Japan, do only ambulance convoy, but that chemical truck - that the Nigerian dun^ce thought it is just a water thing --- is on standby, not far away. But sillybu wants to drive around doing guy, with algae infested water tanks. The maintenance on those trucks is top notch in great countries, like the other cars in the convoy. The Nigerian side is aloof to these technicalities. Theirs is for ego tripping and wastage.

Serious countries are no joke for a reason.
Ogbeni, e be like say you don watch too many jack Bauer series. That scenario is highly unlikely in the real world.
First of all no vehicle or truck could stop a nuclear attack. Nuclear is radiation, you need feets (not inches) of lead to shield from radiation (gamma) or you go underground.
Secondly, there are gas masks thar can protect against most types of chemical attacks. Even soldiers in wars use gas masks as protection and not vehicles.

Finally, an attack that would disable all the multiple layers of security around the president will most likely succeed - chemical neutraliser truck or not. The president vehicle is not only bullet proof but also to some extent bomb proof. If they can eliminate the dozens of vehicles in the presidents vehicle and the hundreds of personel in the presidents security, they would eliminate the chemical neutraliser/ fire truck vehicle also, and get to the president.

The Lebanese Prime Minister Rafic Hariri was assassinated along with dozens of security details when his bullet proof and bomb proof car was bombed in 2005.

I am still waiting for links to the fire truck that you claim follows US presidents, UK prime minister and other country's presidents, particularly when moving around in their own countries.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 9:39am On Jun 17, 2023
kingyakos:
I don't know how this makes sense to some people or are they just attaching tribalism to it, how does a firefighter truck makes sense in a convoy that all the vehicles are with fire extinguisher. I strongly believe if it was buhari that introduced firefighter truck in his presidential convoy, so many bigot giving kudos to this nonsense won't be in support.
I suspect that president tinubu feels insecure being in Boko Haram infested region and given the fact that he is hugely unpopular in Abuja (given his votes there), and so he feels a venue he might be attending an event could be bombed. I believed the fire truck is for venues where he attends events outside the security of aso rock, instead of the convoy itself.

That's the only way it makes sense.
PoliticsRe: Proof That INEC Said They Won't Transmit Results by wirinet(m): 9:30am On Jun 17, 2023
BATified23:
Thanks for the mention, please can you show me where INEC or Yakubu said results will be transmitted realtime prior to 23rd of February, 2023.
"After the process is completed at the polling uni6t, the image of the polling unit result will be taken by the BVAS and uploaded unto what we call the INEC Result Viewing Portal where citizens can see polling unit level results as the processes are completed at the polling unit level."

The statement "as the processes are completed at the polling unit level means the same thing as "real time" in simple English.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 9:08am On Jun 17, 2023
viodemus:
The fraudulent criminal is also a waste machine. Wasteful Ahmed aka stealibu and a 24/7 sillybu.

He wants to keep up with the joneses. Who told him that he needs that. oh because he saw American, Chinese, Russian, french, uk, and some well to do country's leaders do it. But those are serious well to do countries. What he should have done, is say, keep one truck at the fire dept on standby if he is going out. Something that can be 5 to 10 mins away if he feels some kind of way. He doesn't trust the north again, the whispers on the street is that they are telling him not to shuffle the security system, as not to offset the hisba/bh dominance in the security apparatus.

He is so criminal minded and surrounded by criminals, that it beclouds his judgement. Nigerians were warned, but their tribalist sentiments hindered their judgement. Nigeria is in for a very rough ride. Someone that his country cannot boast of 24hr electricity, is trying to rub shoulders with leaders that are past that, and run advanced societies.


After his first couple of international meetings, he will then know that he is not on that level he is forming. My fear is that, he might get even more criminally inclined after that, and am talking of an already very advanced hardened criminal.
I never knew other presidents have fire trucks in their convoy following them up and down. Please can you provide links to verify such claims.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 9:02am On Jun 17, 2023
Franciscarter:
His medical emergency truck disguised as fire fighter truck…lol we are not lame
But there should already be an ambulance in the convoy.
PoliticsRe: Tinubu Adds Fire Fighting Truck To Presidential Convoy by wirinet(m): 8:59am On Jun 17, 2023
Chekwume16:
Fire fighter don't only fight fire. They are trained in general rescue. That is why they are attached.
So what then is the job of DSS, Civil Defence, Army and Mopol attached to the convoy? Besides I hope you are aware that the convoy of the president also has one or two extra vehicles the same make and colour as the one carrying the president as spare incase there is problem with the main one.
So in which scenario will the fire trucks be deployed?Fire engulfing the whole convoy or fire on only the presidents vehicle? Or even fire on other cars or buildings seen while the president is moving on the roads?
PoliticsRe: The Implications Of Tinubu's Unplanned Economic Policy Changes by wirinet(m): 8:06am On Jun 17, 2023
joyandfaith:
Even it cannot work under OBI if he doesn't focus on government wastage and corruption.
That's the elephant in the room that most blind supporters are oblivious of. No policy and I repeat no policy can work with the level of corruption in Nigeria. Even a bad policy will work without corruption. Its annoying that we are chasing ants - subsidies, while ignoring the elephant. The only actions I support Tinubu for is his attempts at tackling corruption. I just hope his arrest of Emefiele and Bawa is not revenge for the stupid naira redesign policy people believed was specifically aimed at Tinubu. I would have preferred President Tinubu clean up the oil industry before talking about subsidy.
PoliticsRe: The Implications Of Tinubu's Unplanned Economic Policy Changes by wirinet(m): 10:03pm On Jun 16, 2023
Cromagnon:
America's free education is a failure.
Awoof de run bele
Same with subsidy
No be by good intentions o
But free education in China is a success. Why do you think its a failure in the US but hugely successful in China?

And not just China primary and secondary school education in South Korea is also free.
Foreign AffairsRe: American Politics Thread: Trump Is The 47th President! by wirinet(m): 10:05am On Jun 16, 2023
DeepSight:
These are not what Esu represents. Esu is two faced and represents the mischief of possibilities.
Trump is two faced and represents mischief. He was first democrat then an independent and finally a Republican. He was first pro choice and later prolife. He changes face according to his aims and objectives.

He also disrupts any organisation he comes in contact with. He is disrupting the Republican Party and the US as a whole.
Foreign AffairsRe: American Politics Thread: Trump Is The 47th President! by wirinet(m): 10:01am On Jun 16, 2023
Ekemeze:
He simply talks too much. Will always open his mouth waaaaaah and vomit earth shattering missiles that further degrade America. Example, his remark about America's invasion of the middle east countries was just too much and I think that made the rest of the world starts disrespecting USA.

Nevertheless I don't think he deserves "death sentence" .. he killed no one.
I also don't think he should be given the death sentence but his leaking of critical US (and ally) intelligence might have led to the death of many intelligence officers and spies. Trump had been involved in numerous criminal activities right from the 80s, from fake university to fake charities and sexual assault. He engaged in a lot of unethical practices as president, he would have commited more grievous crimes were it not "adults in the room" during his presidency. If he becomes president again, there would not be many "adults in the room" this time. He attempted to over throw a legitimately elected government, first from attempting to present fake electors, then subtlely threatening election officials to "get him votes" and then finally organising a mob to distrust the Congress from ratifying the elections while putting the lives of the vice president, speaker and members of Congress in danger.

I just want him to be held accountable once in his life and stop feeling he can shoot some one in the centre of 5th avenue and get away with it, because at the moment that what he and his cult followers think.
Foreign AffairsRe: American Politics Thread: Trump Is The 47th President! by wirinet(m): 8:22am On Jun 16, 2023
Ekemeze:
😂😂😂
Oh hell no.
No way I would last long in this thread,
When I was active on nairaland back then, I used to come here to read updates from both sides. But now y'all are so openly displaying hate and bigotry towards each other.. that's not healthy to be honest.
That's the Trump effect. Trump bring out the worst impulses in people. He is similar to Èsù in yoruba mythology, he represents wickedness, injustice, and immorality and unrighteous people. That's why he has lots of adherents.
PoliticsRe: The Implications Of Tinubu's Unplanned Economic Policy Changes by wirinet(m): 8:01am On Jun 16, 2023
President Tinubu is starting on a very wrong note. He wants to firm "Jagaban" with the Nigerian economy without thinking about the implications of his hurried announcements to the economy. How can you be issuing orders and pronouncements as if we are in a monarchy without a cabinet in place. I know Buhari was too slow to start in 2015 by not having a cabinet for close to 6 months, but President Tinubu is running faster than his shadow by making huge policy changes without a cabinet.


pafra:
You are absolutely correct. If the exchange rate police is not properly manage, we could be exchanging a dollar to a thousand naira soon
Who is there to manage the Exchange rate policy? At present, we have no finance minister, no CBN governor and no economic management team.

The black market have not been abolish. As at yesterday the rates was at about 750. Until the government find a way to abolish this rates nothing have been achieved.
You cannot abolish the black market by fiat. That's why its called the black market, its beyond the control of government.

Rates will definitely increase in the banks because of the law of demand and supply. Too many people demanding for the few available dollar, will increase rates and encourag black market rates.
Imbalances between supply and demand will always create a black market.

The solution could have been to set up an economic team first, that will look through this policy before making the announcement
Appoint a cbn governor that will create a monetary framework for the policy
President Tinubu is putting the cart before the horse because he wants to be seen as working.
Abolish bureau de exchange, make trading dollar outside the banks a criminal offence.
You know how many times a Nigerians government has banned sale of foreign currencies. Even under military, it did not work.
All payment within Nigeria should be in Naira thereby discouraging the dollarisation of the economy.
How many percentage of transactions in Nigeria is done in dollars? There is nothing like dollarisation of the Nigerian economy. Besides most transactions now are cashless. Are your USSD, credit/debit card or online transactions done in dollars?
Its only politians and their cronies that spray dollars around for egocentric reasons.
If not we are in for a "good time" in this country.
We are in for more economic pains. You cant float your currency when your balance of trade with other countries is strongly negative.
Foreign AffairsRe: American Politics Thread: Trump Is The 47th President! by wirinet(m): 5:41pm On Jun 14, 2023
budaatum:
You seriously think dump would not take advantage to dance on a court stage as part of his campaign, especially if he can get it televised?

I think you underestimate dump, and I am in fact worried this shîtshow would get him back into the White House, as it's bound to infect more deplorables to vote for him.
I am certain he cannot get into the White House and I am sure he knows it. His base is just not enough to win the presidential elections. He probably has 60 - 70% of the Republican party. His numbers among the independents has shrunk from the 2019 elections and the Democrats are much more galvanised to vote against Trump.

Remember a growing number of republicans are openly critical of him and there is the ever present Lincoln Project. Even Joe Biden is counting on Trump to run in order to unify the democratic candidate against a common hatred of him.
Foreign AffairsRe: American Politics Thread: Trump Is The 47th President! by wirinet(m): 5:34pm On Jun 14, 2023
PDPGuy:
After being indicted twice (or soon to be thrice if he is indicted in Georgia), I’m not sure Trump would participate in the primaries
Trump would surely participate in the primaries. The Republican Party is being held hostage by Trump and the Magat wing. If he is not nominated candidates, he will probably run as an independent in order to finally bury the Republican Party.

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