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WizardOfNG's Posts

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Politics › Re: North Has Held Nigeria Hostage Too Long!� 2027 Will Be Chaos If Restructuring I by WizardOfNG: 10:10pm On Sep 27
CannibalEast:
Oswu rest, Tinubu don't need your inconsequential vote.
Their negative obsession with Tinubu and Yorubas na die bro.
Politics › Re: Remi Tinubu Crying As Ijaws Elders Tell Her That Tinubu Will Not Be Re-elected by WizardOfNG: 9:52pm On Sep 27
ijayalolo:
Another fallacy. I did not 'japaed' It's not everybody that is abroad that is a permanent resident there or a citizen. That's by the way

One fact I can give you though is that on the average in most months of the year I make in Nigeria more than whatever net I make outside, sometimes the other way round though

Only fools think they can outwork inflation: I guess all those farmers, remote workers, (AI trainers, high school and language teachers) not to talk of the REI are fools then. Shout out to Chidinma (a good friend from way back) who makes on the average of $2k a month by just teaching Igbo and English right from inside her room. I don't want to name other Tech colleagues who are raking in Dollars right there in the comfort of their rooms in Nigeria, or some more rugged street ones like us who don't mind to get dirty on the farms.

If you don't know how inflation works, we can go briefly into that too to let you know that you can "outwork" inflation

Don't you also have universities to go to in Nigeria? in fact before now, most universities were almost free and we were still complaining and comparing ourselves to those that are paying through their noses to get university education which is one of the reasons for the incessant strikes anyway. Since school fees are now in place, has any university gone on strike in the last 3 years?

I'm not preaching what I don't practice.



Thank you for your attention to this matter
Thoroughly enjoyed your brilliant responses to that character. You must bear in mind that he is likely a bigoted hater of PBAT though meaning he will never inspect your submissions objectively as most dispassionately open-minded Nigerians would. Characters like him are a waste of time.
Politics › Re: North Has Held Nigeria Hostage Too Long!� 2027 Will Be Chaos If Restructuring I by WizardOfNG:
gidgiddy:
In addition, the 36 States should also be dissolved, they are not necessary. Rather, the 774 Local government will choose what Region they want to belong to. States are not necessary in Regionalism
Agreed. Coalesce States into six geo-political zones of SE, SW,,SS, NC, NW and NE.

The Geo-political zone can then create their own more cost-effective LG arrangement.

There is so much to be done to improve Nigeria but the problem is lack of political will from those benefitting from the current rot in the the system.

They are not even minimally interested in implementing required changes because profiting from the malfeasance in the administrative system is paramount for them.

This is why PBAT has to be given a lot of credit. He has implemented a lot of brave, pivotal and fundamental reform non other has attempted since 1999.

The regional development commissions for every geo-political zones of Nigeria, as an example, is a game-changer if the leaders of the respective commissions will lead well and dedicatedly.
Politics › Re: North Has Held Nigeria Hostage Too Long!� 2027 Will Be Chaos If Restructuring I by WizardOfNG: 9:05pm On Sep 27
SalamRushdie:
How did North hold Nigeria ? Tell me which governor has has made money like Yoeuba Governor in Nigeria ..All this idea of trying to rally south for Tinubu needs to stop ? Tinubu has suffered both south And North equally
Can't you people be about ideas for once rather than be distractedly obsessed with personalities like Tinubu etal and hating on Yorubas?

Central point is that we are very different nations lumbered together. Nigeria will never work as convened.

If you arrive Britain, you must live as British folks wish to live. ditto USA, Sweden , Russia etc.


Look at Northern Nigeria with Sharia. The South relatively secular. Let us make these differences formal with regional autonomy so all can live as they want in their corner of Nigeria.

So that if the way of life of some is not for you then you stay away from them and live productively and happily in your region with people who have the same Ideas about life as you do.
Politics › Re: North Has Held Nigeria Hostage Too Long!� 2027 Will Be Chaos If Restructuring I by WizardOfNG: 8:37pm On Sep 27
flokii:
Most Yorubas want restructuring.. that's the only way for the country to move forward.
The two tribes who don't want restructuring are the Igbos and Fulanis.. that's why they ganged up in NDC to make sure restructuring doesn't happen. You can even see one of them saying he is against State Policing, but they can sign unconstitutional Sharia law and Hisbah Police into law in their own States.

Yorubas and all the progressive tribes in South South & Middle Belt better wise up..
any silly mistake in 2027 may signal the beginning of the end for Nigeria.
Absolutely. Being over-sophisticated against those who are crude and visceral will likely see you lose out.

Regional autonomy is the way to go. Let us all accept, despite the fake unity talk, we are very different and wish to live very differently, in our respective regions, to others. This will be the basis of a great Nigeria.
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 6:08pm On Sep 27
Guys read the comments to note the whole world, from South Africa to Ghana, knows those who personify hypocrisy and living in denial and have no plans whatsoever to change or reform.





https://www.youtube.com/watch?v=vc81dgwdwYY?si=nfKhya5SOX_rrrBX
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 6:02pm On Sep 27
Lanretoye:
shamelessly go and check the name list of people in jail all over the world and see who is doing more harm to our passport,i doubt there is a family from your side that doesnt have a representative there
Bro, I don't tire pata pata !!!! This is proof some are beyond redemption. They cause all the problems, in terms of the negative image Nigeria has with drugs, yet continue pointing fingers at others who are innocent. Na wa.

How ludicrous is it to claim Tinubu is causing selective screening of the Nigerian passport over an asset forfeiture claim over three decades ago, no one remembers, rather than the Nigerians being arrested daily in many nations of the world for drug dealing, smuggling, trafficking and distribution?

The hypocrisy of these guys na die walahi.
Politics › Re: Remi Tinubu Crying As Ijaws Elders Tell Her That Tinubu Will Not Be Re-elected by WizardOfNG: 12:10pm On Sep 27
BondRiv:
What pact did Tinubu have with Jonathan that he betrayed? The same Jonathan always visiting him in Aso Villa? Mtcheww.
I wonder ooh.
Politics › Re: Remi Tinubu Crying As Ijaws Elders Tell Her That Tinubu Will Not Be Re-elected by WizardOfNG: 12:09pm On Sep 27
Lol. Nothing more pathetic in life than men who talk too much yet have no influence or power like these jokers.

Oya na. Avenge Jonathan if you can when GEJ , his family and direct crew are themselves behind PBAT.
Politics › Re: Tinubu Will Win The 2027 Presidential Election by WizardOfNG:
Food4Thought:
He will win only by rigging the election which of course is what you mean.
You guys know very well that he is not doing well in the office.but you want him to continue.
You are economically illiterate and that is why you state the bolded. Do you know technocrats worldwide are all praising Tinubu?

You think " doing well" is about cheap fuel, $1 to 1 Naira exchange rate etc? Life is about living fulfilled and not just surviving because that is all most Nigerians have ever known.

You have cheap fuel yet can never buy a car. Meanwhile a worker in Burger King UK can run a cheap Mazda 323 Car.

You are a banker, in a professional job yet can't buy a home whereas professionals in developed nations can buy homes with Tinubu being the only President who has now presented you with that opportunity through MREIF mortgage scheme that allows you purchase homes with government loan of up to 100million Naira to be paid over 20 years at interest rate of 9.75 % interest.

This is the only President to offer this since 1999, along with schemes like NELFUND, yet he is a "failure" because you do not get your cheap fuel and cheap electricity that are actually tools of weaponized poverty and economic stagnation/failure?

Power sector subsidy other Presidents before Tinubu maintained has destroyed our power sector because they ensured cost-reflective tariffs, needed to ensure the real cost of producing adequate power supply was never available,

Similar with how we were subsidizing the Naira to the detriment of our economic wealth via creation of two starkly different rates of our currency, official and black market, only benefiting currency traders with connection to Emefiele and our CBN under Buhari.

Today Nigerian central bank is world central bank of year 2026 award winner because of the outstanding job of Cardoso , an award we have never won, and you are attacking Tinubu.

The aim is for Nigeria to become a developed nation and for Nigerians to become optimally developed human resources that can craft solutions for themselves and others i.e our African neighbours for example.

To achieve those cannot come without a hard reset and a punitively sacrificial adjustment period because of what we have have done wrong for decades.


https://www.youtube.com/watch?v=Ph5XCf8jgOE?si=z1acKH0hSs3k97Yg
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 9:48pm On Sep 26
FarahAideed:
If Atiku is greedy what is Tinubu ...Tinubu is a terrible human being..God forbid ..I a sure that man was a fuel attendant in Mobil
What else do we expect you to conclude about Tinubu?
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 9:47pm On Sep 26
The North should wait till 2031. Can the power-obsessed North accept usurpation of their turn by the South? Never!! They'd rather unleash violence on us to seize what they believe to be their birth right.
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 11:17am On Sep 26
CodeTemplar:
I have no party but push for good governance. Obviously, your boss is a lost cause in that regard. I cabnot disagree with you.
4 more years for PBAT guaranteed. Nothing you can do about it.
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 11:14am On Sep 26
RichBoy247:
.
This one needs medical evaluation
I swear. It is asset forfeiture against Tinubu, over 30 years ago, with no criminal conviction we must blame for Nigerians being profiled for drug crime and not the Nigerians who are from a certain region of our nation being arrested daily for numerous drug offences in large numbers globally yet pointing fingers at others.

Bruv check the comments with the video below and how many South Africans confirmed how Nigerians are the most hardened and prolific drug dealers in their nation. Yet OP can shout Tinubu when he should hide his face . Na wa.


https://www.youtube.com/watch?v=vc81dgwdwYY?si=l2v7mx_XQMtXmD4n
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 9:51am On Sep 26
CodeTemplar:
Face your 2027 hustle oga.
Face your impending loss. Lol.
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 9:49am On Sep 26
Parachoko:
The last time I was in Turkey, when I was travelling from Turkey to another country, Passengers were randomly searched.

I was among some of the Nigerians that were not searched while some Europeans got searched

In Thailand, they know the ethnic group soiling Nigerias name
Absolutely.
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 9:46am On Sep 26
PDJT:
- Lies from pit of hell. Nigerian travellers now face extra scrutiny even within Africa perhaps due to Tinubu's now established drug dealings in the USA.
You guys make me laugh with your hypocritical dishonesty you believe indict and fool others. Yeah I just saw Tinubu arrested in Thailand yesterday for drug smuggling.

Meanwhile check out the video below to note those responsible for Nigerians facing extra scrutiny over drug smuggling.


https://www.youtube.com/watch?v=vc81dgwdwYY?si=l2v7mx_XQMtXmD4n
Politics › Re: Tinubu's NARCORTIC Case: Our Passports Are Now Selectively Screened by WizardOfNG: 9:34am On Sep 26
@OP. Of course our documents are now screened exhaustively because of asset forfeiture against Tinubu over three decades ago no criminal arrest and conviction arose from and not the several over hundreds of cases daily of crimes Nigerians are committing worldwide related to drug offences.


https://www.youtube.com/watch?v=vc81dgwdwYY?si=l2v7mx_XQMtXmD4n
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 9:21am On Sep 26
HIGHESTPOPORI:
If power should rotate between North and South,it should be zoned to South East for equality and Atiku wouldn't have contested,if not everybody is allowed to contest,SW is not the only region in the south to keep representing the South
You guys will never get the central and most important point. Yorubas build bridges and alliance where and when it matters whereas you lot are always operating with toxicity and a sense of entitlement.

When power rotates between North and South, it is for players in the region power has settled on to bridge bridges, forge alliances and negotiate internally over who get's what.

You guys are never willing to do that and always act as if Yorubas are your enemies , you must always fight, and we somewhere owe you a pound of flesh.

We don't owe you nada and will see how we will help SS, maybe Wike, become President when it will be the turn of the South again in 2039.
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 7:49am On Sep 26
AMINDA:
So why did Tinubu gang up with the North to remove his Southern brother, Jonathan, from power?
Ironically, I provided answer for this same question, minutes ago, to a poster who presented same question you did.

You guys need to stop being naive, emotional and sentimental about Nigerian politics. You ask this "gang-up against GEJ" question all the time, for years now, and you seem incapable of understanding GEJ was being unreasonable.

Aminda, tell me why Peter Obi is promising to do four years only while GEJ unreasonably wanted 9 if reasonable Southerners had not joined the plot, bigger than all of us, of preserving the fragile peace of a very ethno-religiously divided nation, with adversarial ethnic group and a core North that does not even like to be without power for a day, through the removal of GEJ?

https://www.nairaland.com/wizardofng/posts


WizardOfNG:
You guys and intellectual dishonesty. You make this illogical claim always about gang-up removal of GEJ. Did Jonathan not have a responsibility to Nigeria and the rotational system keeping our fragile peace?

Jonathan was a beneficiary of the death of Yar Adua that made him inherit the turn of the North. 💯% factual reality no Nigerian can deny.!!!

He had already spent 5 substantive years as President and insensitively wanted another 4 post 2015 (to make an unconstitutional 9 years as President) yet you guys continue to portray him a victim.

Do you not see Obi pledging to do only 4 years in office? Why? Because he is showing respect for power rotation Jonathan neglected.

if you think Jonathan did no wrong wishing to spend 9 years in power he inherited via the death of a Northerner, if the North fight back violently then who loses if not all of us? The likes of Tinubu should sit and watch GEJ plunge us into what could be violent crisis because of his own selfish and dishonorable ambition?

Atiku is doing same as GEJ and many Northerners are against him because they know we go into uncharted territory, especially against the politically powerful Yorubas, if rotation is truncated. If such happens, Yorubas no longer have any reason to believe in or work for Nigeria's progress. We simply face our SW and DAWN regional integration agenda fully.

The reality is that GEJ, though good at heart, showed selfishness by not being willing to sacrifice for the greater good and just give thanks for the providence God placed in his laps for 5 years in Aso Rock he never sought as Atiku, Buhari, Tinubu spent decades chasing.

It is the likes of Tinubu who planned meticulously locally, in Lagos, and nationally that saved our nation and democracy you portray a villain.

Whereas Jonathan who never planned to be President and would have been happy retiring as VP to Diepreye Alamieyeseigha became Governor due to the impeachment of his boss and then became VP to Yar Adua because OBJ wanted an unambitious and docile VP to Yar Adua.

OBJ wanted to control Yar Adua by proxy and did not want an over-ambitious VP for him as he had to deal with working with Atiku.

I just can't understand how some of you are so emotional. People like Tinubu are the real heroes behind our democracy because they are talented, brilliant, prepared and purposeful leaders.

You guys slept safely in your bed after 2015 election GEJ lost not knowing North had imported Fulanis from across Africa to start a bloodbath if GEJ would not hand over since the born-to-rule elements in the region were already fed up he had used 5 years of the slot of the North and wanted another 4.

It is bigotry preventing you recognising the importance of Tinubu and the moderate/progressive /sophisticated Yorubas and our crucial importance to Nigeria.

Had Tinubu not intervened, North was ready to change it violently for GEJ since they are addicted to power and feel five years of their slot GEJ enjoyed is enough for anyone honourable.

The SE too would have been up in arms if GEJ won in 2015 and the North were insisting he must leave because they considered the Jonathan Presidency an Igbo Presidency. Predictable violent confrontation.

I laugh at how prejudice prevents you guys appreciating Tinubu and Yorubas. If we leave, gain our own nation, commonsense and peace will no longer be sustained in Nigeria.

Rwanda-style genocide will follow. A case of you don't know the value of what you have (Tinubu and Yorubas) till it is gone. Jonathan is a decent man but he is not a brilliantly effective leader.

Brilliantly effective leaders do things, sometimes ugly, ordinary folks would not understand that allows us all sleep well at night to see another day.

Jonathan had to go when he did. Perhaps your understanding of Nigerian politics is not at the level to allow you note that.
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 7:30am On Sep 26
gammarays:
They're just after their vested interest

Who remembered rotational presidency when they ganged to remove Jonathan to bring in Buhari?
You guys and intellectual dishonesty. You make this illogical claim always about gang-up removal of GEJ. Did Jonathan not have a responsibility to Nigeria and the rotational system keeping our fragile peace?

Jonathan was a beneficiary of the death of Yar Adua that made him inherit the turn of the North. 💯% factual reality no Nigerian can deny.!!!

He had already spent 5 substantive years as President and insensitively wanted another 4 post 2015 (to make an unconstitutional 9 years as President) yet you guys continue to portray him a victim.

Do you not see Obi pledging to do only 4 years in office? Why? Because he is showing respect for power rotation Jonathan neglected.

if you think Jonathan did no wrong wishing to spend 9 years in power he inherited via the death of a Northerner, if the North fight back violently then who loses if not all of us? The likes of Tinubu should sit and watch GEJ plunge us into what could be violent crisis because of his own selfish and dishonorable ambition?

Atiku is doing same as GEJ and many Northerners are against him because they know we go into uncharted territory, especially against the politically powerful Yorubas, if rotation is truncated. If such happens, Yorubas no longer have any reason to believe in or work for Nigeria's progress. We simply face our SW and DAWN regional integration agenda fully.

The reality is that GEJ, though good at heart, showed selfishness by not being willing to sacrifice for the greater good and just give thanks for the providence God placed in his laps for 5 years in Aso Rock he never sought as Atiku, Buhari, Tinubu spent decades chasing.

It is the likes of Tinubu who planned meticulously locally, in Lagos, and nationally that saved our nation and democracy you portray a villain.

Whereas Jonathan who never planned to be President and would have been happy retiring as VP to Diepreye Alamieyeseigha became Governor due to the impeachment of his boss and then became VP to Yar Adua because OBJ wanted an unambitious and docile VP to Yar Adua.

OBJ wanted to control Yar Adua by proxy and did not want an over-ambitious VP for him as he had to deal with working with Atiku.

I just can't understand how some of you are so emotional. People like Tinubu are the real heroes behind our democracy because they are talented, brilliant, prepared and purposeful leaders.

You guys slept safely in your bed after 2015 election GEJ lost not knowing North had imported Fulanis from across Africa to start a bloodbath if GEJ would not hand over since the born-to-rule elements in the region were already fed up he had used 5 years of the slot of the North and wanted another 4.

It is bigotry preventing you recognising the importance of Tinubu and the moderate/progressive /sophisticated Yorubas and our crucial importance to Nigeria.

Had Tinubu not intervened, North was ready to change it violently for GEJ since they are addicted to power and feel five years of their slot GEJ enjoyed is enough for anyone honourable.

The SE too would have been up in arms if GEJ won in 2015 and the North were insisting he must leave because they considered the Jonathan Presidency an Igbo Presidency. Predictable violent confrontation.

I laugh at how prejudice prevents you guys appreciating Tinubu and Yorubas. If we leave, gain our own nation, commonsense and peace will no longer be sustained in Nigeria.

Rwanda-style genocide will follow. A case of you don't know the value of what you have (Tinubu and Yorubas) till it is gone. Jonathan is a decent man but he is not a brilliantly effective leader.

Brilliantly effective leaders do things, sometimes ugly, ordinary folks would not understand that allows us all sleep well at night to see another day.

Jonathan had to go when he did. Perhaps your understanding of Nigerian politics is not at the level to allow you note that.
Politics › Re: Why Tinubu Is The Best President Of Nigeria Has Ever Had:* by WizardOfNG: 4:15am On Sep 26
@OP.

💯% correct. The other crucial point to make is that Tinubu is the only President leading precisely in the way it will take for Nigeria, if the momentum and progress is retained, to move towards and reach developed nation status.

We cannot become a developed nation without crucial reforms that, unavoidably, must come with pain and sacrifice initially.

Only Tinubu has been brave enough to initiate and defend those reforms in the face of considerable opposition from a nation of people used to weaponized poverty, through multiple subsidies bankrupting Nigeria, previous leaders used to keep Nigerians 'sedated', comfortable with there poverty and non-agitative about their terrible standards of living in comparison to others worldwide.

Anyone who has lived in a developed nation of the world will understand precisely what I am talking about. Someone has to bell the Cat. That is Tinubu. Unfortunately that person, I e Tinubu, will not be popular with all, because Nigerians have being damaged with weaponized poverty, but we will all thank him in future.
Politics › Re: 2027 Election: Rotational Presidency Will End If Atiku Wins — Shehu Sani by WizardOfNG: 3:43am On Sep 26
tonesky:
Rotational presidency should end in Nigeria, it doesn't make sense if it will rotating between south west and North west.
People like you are naive and have such a poor grasp of the big picture. You have this simple view it is about the best individuals alone.

The North and South are effectively two very different and adversarial regions with two dedicatedly different ways of life, like the USA and Iran, forced to co-exist.

Remove rotational Presidency and likely it will be the North producing the President of Nigeria, courtesy of population, and shaping our nation in their backwards image and mentality because Northern leaders, somewhat, must still lead how Northerners wish to live.

They cannot be ultra-progressive, super pro-education, secular, capitalist etc as Southerners are predisposed to. Does the South, for example have religious police anywhere?

Not an issue up for discussion because we see the Almajiri system, banditry, terrorism and how people of the North have the worst human development index in the world.

Do you see their leaders making efforts to change that? How long is the redundant Almajiri system going to endure for?


The problems of the North, other regions do not have, are direct consequences of the belief system of their leaders and what they are comfortable living with that we in the South are not.

The way of life of the North will travel south if, for example, Northerners lead Nigeria for 16 to 24 unbroken years.

Do you you people want that to be the sealed fate of the South or do you want want rotation whereby we in the South, far more progressive than the North, can move Nigeria forward in our own allocated 8 year slot allows us have?

Rotation must be retained till, ideally, regional autonomy is delivered. Northern leaders are the least progressive in the world and we see this from what they have made of their own people. That's the ugly truth and I would not want to live in a Nigeria the North alone produces our President always.

Fairly obvious we'd never have State Police, tax reforms, floating of Naira etc under continuous and unbroken Northern rule.
Politics › Re: Lagos Police Identify Inspector In Viral Video, Begin Disciplinary Action by WizardOfNG: 3:04am On Sep 26
Newsmills:
No need pushing political punishment narratives just to appear as if police is doing anything,the man is saying his mind so what is necessary now all Yoruba police officers should go and serve in their region likewise every other person's,nobody is longer interested in needless one Nigeria.
Unprofessional conduct from our armed forces personnel should be ignored ba?
Politics › Re: Lagos Police Identify Inspector In Viral Video, Begin Disciplinary Action by WizardOfNG: 3:01am On Sep 26
dollytino4real:
ok na d uniform b d wahala ok, must every talk be made open online,
He is correct and I don't understand how you cannot understand the simple point which is that men and women of our armed forces need to be professional in uniform and on duty.

Off-duty, the police officer can make same comment and there would be no problem.
Business › Re: How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by WizardOfNG(op): 5:00pm On Sep 25
DeLaRue:
Mr Cardoso is Nigeria's greatest CBN Governor.

He literally saved Nigeria.
Absolutely. The hateful lot will never agree though since he is Yoruba.
Business › Re: How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by WizardOfNG(op): 2:30pm On Sep 25
Osariemen12:
The least competent man to ever occupy that position since 1999. But trust me, Lagos - Ibadan expressway media will want to package him as the best.


Oh, Nigeria!
You guys cannot ever hide your bigotry and envy against Yorubas. All Cardoso's fellow CBN Governors worldwide that voted him World central bank Governor of the year 2026 are part of the Lagos-Ibadan expressway media also ba?
Business › Re: How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by WizardOfNG(op):
Fellow Nairalanders, see the prejudice I insist is targeted against certain 'hard-hitting' posters'. They are always milliseconds quick to move my posts away to section they believe it will gain less views and influence.

See below yourself to note CBN affairs is also political. God help us with what Seun has allowed making certain folks MODs here when they have no capacity to be fair and are prone to abusing power.

Business › Re: How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by WizardOfNG(op): 10:18pm On Sep 24
Imalwayshorny:
Peter obi and his supporter won't be happy about this news
Lol. Never. What is best for Nigeria and Nigerians is not their business. They are seeking something else.
Business › How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by WizardOfNG(op): 10:10pm On Sep 24
How Cardoso rewired Nigeria’s monetary architecture in three year

When Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) on September 22, 2023, the apex bank was operating in an environment marked by foreign exchange market distortions, weak monetary policy transmission, concerns over banking sector resilience, financial market inefficiencies and a loss of confidence in some aspects of the monetary system.

Three years on, the most significant feature of the Cardoso era is not a single policy or intervention, but the breadth of changes across Nigeria’s monetary and financial architecture.

The CBN under Cardoso has sought to reshape how the foreign exchange market functions, strengthen banks through recapitalisation, modernise the payments system, improve financial-market infrastructure, tighten consumer and financial-crime controls, and strengthen the country’s external buffers.

These reforms have attracted commendation from President Bola Ahmed Tinubu and international recognition, including the Central Bank of the Year Award by Central Banking, London.

But the significance of the reforms goes beyond the accolades. The bigger question is whether the changes are sufficiently deep and durable to move Nigeria from repeated episodes of monetary instability towards a more predictable financial system capable of supporting investment, affordable credit and stronger economic growth.

Rebuilding the foundations of the banking system

One of the most important components of the reform programme has been the strengthening of the banking sector.

The CBN’s banking recapitalisation programme culminated on March 31, 2026, when 33 banks met the revised minimum capital requirements, raising approximately N4.65 trillion in fresh capital.

About 72.55 percent of the capital raised was sourced domestically, strengthening the capital base of Nigerian banks and increasing their capacity to absorb shocks and support economic activity.

The recapitalisation was not simply about increasing the amount of capital held by banks. It was also intended to strengthen the resilience of the financial system and ensure that banks have the balance-sheet capacity required to support a larger and more productive economy.

The CBN also introduced new governance requirements, including a succession framework for Domestic Systemically Important Banks in September 2025. The framework is designed to promote orderly succession of chief executives and strengthen governance and continuity in institutions whose failure or disruption could have wider implications for financial stability.

The Bank also approved the Bank of Industry’s Non-Interest Banking Window in February 2026, expanding the range of financing structures available within the financial system.

Together, these measures point to a broader objective: building a banking system that is better capitalised, better governed and capable of supporting a more diversified economy.
https://businessday.ng/banking/article/how-cardoso-rewired-nigerias-monetary-architecture-in-three-year/#google_vignette
Politics › Re: Countless Times Peter Obi Defended Abubakar Malami by WizardOfNG:
Queseda:
Reforms are not meant to be comfortable. They bring initial hardship for better future
Indeed. Look at Singapore today. One of the best nations in the world to live in after decades of tough reforms.

They are a former colony of the UK, same as Nigeria, yet Brits fed up with stagnant UK are moving to Singapore in good numbers today.

That's the power of reforms nations need to initiate and endure with to achieve desired results.

If all we wish is to sustain is the cheap fuel (courtesy of subsidy bankrupting Nigeria), cheap education,( courtesy of subsidy producing sub-standard graduate since the institution cannot pay for the best educators), heavily subsidized power sector ( delivering only poor power supply because of non cost-reflective tariffs preventing growth of manufacturing, industrialisation, SME proliferation etc) how do we then plan to be anything other than a nation where Nigerians merely survive rather than live productive and fulfilled lives?

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