₦airaland Forum

sycophancy at the highest level. Imagine Chief security adviser meddling in what is totally not his concern. What has Ribadu about the insecurity bedeviling the nation.

Imagine IMP dictating economic policies to Nigeria just for the sake of accessing loan. This enslavement of our economy. I wonder IMP know more about what need to be done more than the FG. For any economic process or policy to succeed data is the key. But in Nigeria we don't know how many we are, that less of age categorization information or accurate unemployment record. Number of Nigerians who own what. Or even birth or death rate. No accurate data of any kind is a available. But still IMP will Nigeria what to do or not to do.

That was similar to agricultural subsidy that was long abandoned. Farmer desperate to sell their produce immediately after harvest are prone to lower gain. Government intervene by buying the produce at relatively high price and selling to end users at much lower price. Everyone is satisfied.
Now we are witnessing dual problem ofpoor leadership and corruption compounded by insecurity.

This was seen coming. Thousands of farmers displaced by the bandits coupled with sudden removal of subsidy.

Nigeria should ditch the Dollar and join BRICS countries. This is chasing wahala.

Trial and error CBN governor. You now turn into little cry baby less than a year into your job. With my basic secondary school economics knowledge I can run the CBN too.

Two of the conditions that don't sit well is that the student loan is for the undergraduate and and those looking of skill acquisition Post graduate student are exuded from accessing the loan. And two the applicants must provide two FCS employees at not less than grade level 14 as guarantors.
This is selfish. Many have been looking for this opportunity but now their dream going to school is squashed again.

Another disaster in waiting. useful tool for politicians at state level to harass and intimidate opposition. And above all initial plan to prepare the ground for Nigeria breakup.

After your done dont you ever bring the same blatant lie of preamble again"We the people of the Federal Republic of Nigeria"""""" blah blah" common Nigerians were never involved.

After your done dont you ever bring the same blatant lie again"We the people of the Federal Republic of Nigeria"""""" blah blah" common Nigerians were never involved.

PoliteActivist:
*Politeness*
It will bring in people and investments.
Don't you see US always accusing China of intentionally devaluing their currency?
Example, if Togo devalues their currency you'd be going there to buy stuff and vacations, but if they inflate their currency you won't go

*Politeness*
It is not economic jargon, it is common sense. If my money can buy more in your house, I'd like your house and buy stuff from your house... until I realize
I'm giving you all my money!

*Politeness*
Here's just one particular example: i read somewhere that floating has reduced the rate of japa. Who is losing? Those countries that would have gotten money from visa, etc, plus take our youth and brains. Who is gaining in the long run? Nigeria!

*Politeness*
Floating is different from inflation. Also it depends on the type of country. Nigeria is the the type of country that CANNOT lose in the long run by floating her currency.
The only losers will be those who wish to travel, those who need to buy foreign, round trippers, blackmarketers, currency hoaders and speculators, corrupt government and CBN insiders, airlines, foreign countries who'd get less of our japa youths, brains, and visa money!

Oh that what is bringing the foreigners with bags of USD straight to beaur de change to collect Naira and deplete our grain market.
While we can buy little food with little amount we have

I may not view you as being objective as per who is to blame for this economic woe. I believe you still bear grudges. Both deserve blame. Tunibu economic team are now reduced to trial and error strategies for they are not sure of the solutions. His abrupt removal of fuel subsidies without preplanning against inevitable consequences. Tunibu confidence turn out to be all hogwash, Nigeria are still in mess and the leaders dont know what do.

Trial and Error CBN Governor. We all know what causes all this hardship in Nigeria: sudden removal of subsidy you deliberately choose not to mention to appease your boss.
Here in the North we use petrol to fuel irrigation engines and vehicles to take us to our farms. Then what do you expect after subsidy is gone. Likewise food processing industry you think they use energy from grid.
Let say disruption of our normal lives begins immediately after removal of subsidy.

The problem they deliberately overlooked is billions that are stolen are converted to Dollars for spending or investing abroad. Think they should start with this category of Naira killers. Not with hard working Nigerians sending or earning dollars from abroad.

Heard that the Boko Haram terrorists are good in bed

t2luv1:
Which countries are those, please? Even China secured 80% of her trade surplus in Dollars. China and Japan buy 60% of US Treasury debts they can't afford to go to war with the USA because they stand to lose out on their money. Look for the past 15yrs the USA has been living off free money interest rate was close to zero on the debt. Individuals putting money in a savings account were getting a 1% yield on their savings. Now fast forward to today, the Federal Reserve has increased interest to 5% individual are now getting close to 5% on their savings the 30-year mortgage rate is 7.5% why all of a sudden change, it all boils down to supporting the dollar.

I think you should get updated on what is going on BRICs countries.

Nigeria should ditch the dollar like what other countries did.

This is rediclous! After they raped thousands and killed several thousands. And displaced and impoverished several hundreds thousands. This is all what the defense minister has to say.
Let me tell you people are literally being bought and sold by the bandits in the some rural North West. There is clear case of crime against humanity down there. This bandits are criminals with no morals or ethics and untrustworthy.

With persative insecurity of life and property, epileptic power supply, poor infrastructure and endemic corruption Nigerians have very good reason to be poor.

Another version of the story will tell ransom has been paid. Whenever the case may be we hope they have not been raped while in captivity.

Blatant injustice! I told you before democracy in Nigeria is sham. It won't take us to promise land.

El-rufai stance on bandits: " only repented bandit is a dead bandit" That gospel truth. He damn sure know how dangerous and deadly they are.This people are by far more dangerous than Boko Haram. Boko Haram is an ideology while bandits are terrorists hell bent on committing crime against humanity. They impoverished millions, raped and killed several thousands.

Senate is has now resort to blackmail as way to averting nationwide strike.

This must be another hoax to decieve the public by unorthodox pseudo scientists.

A class society is gradually emerging in Nigeria. The school itself is for the privileged few.

Thank God this issue of insecurity in the North West is finally getting the attention of the media. People that are being affected by these savage marauders are voiceless.

Telling you the they can't deliver a fair judgement

Nobody takes NLC any more serious after what happens. They are now reduced to toothless 🐕.

What is actually hurts Naira is billions of Naira are getting into private pockets for doing absolutely nothing. In proper economic setting it begets that you gets money in return for offering value in form of goods or services. Stealing of Public funds, ransom payment, bribery and corruption. These are the factors seriously damaging Naira. Other things are unproductive nature of our teeming population and insatiable desire for foreign goods. Poor quality of exportable goods for earning forex.

The video is when he was worried about possible threat to his life days before his death.

ButIdoandIdont:
Villagers pose for a photo with a giant dead crocodile in Zimbabwe in 2010.

The crocodile was attacking and killing fully grown cows. It was reportedly caught in the Zambezi River.

Was this the legendary man-eater Gustav that was elusive for decades.

AntiTerrorist:
https://dailypost.ng/2023/08/30/poisoned-elections-responsible-for-death-of-democracy-in-africa-shehu-sani/?amp=1

it's because a bastardized version of democracy being practiced. This democracy is Western imposition with use of threats of sanctions and embargo. This democracy is alien to our culture and history and totally unaligned to our aspirations.
It best serve the Western World where their outlook and attitude to life are totally different.