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Politics / Re: FG To Backdate Minimum Wage Payment To July 29 by zuchyblink(m): 8:24am On Sep 21 |
No longer from April? Scammers |
Politics / Re: Nigerian Nurses’ Job Applications Blocked In US, Canada Due To NGR Government by zuchyblink(m): 6:44am On Aug 21 |
Watch Nigerians boycott nursing schools in Nigeria. Set up nursing schools in Togo or Benin Republic |
Politics / Re: Obi’s Choice Of Words “WAR” Prompt Protesters To Thief In Kano - Reno Omokri by zuchyblink(m): 5:14pm On Aug 01 |
Reno is a Yabaleft escapee |
Politics / Re: Comparing Petrol Costs: A Higher Burden On Nigerian Workers by zuchyblink(m): 9:32pm On Jun 29 |
In 2005, when the minimum wage was , 7500 naira and the fuel price was 50 naira per litre, the minimum wage could buy 150 litres of fuel. Today, the minimum wage is 30,000 naira, which can only buy 42 litres. This statistically explains why the average Nigerian is currently struggling; it is not primarily due to the machinations of village witches. |
Politics / Comparing Petrol Costs: A Higher Burden On Nigerian Workers by zuchyblink(m): 3:16pm On Jun 29 |
Comparative Analysis of Petrol Costs Relative to Minimum Wage in the US and Nigeria When evaluating the cost of living in different countries, it is crucial to consider the price of essential commodities like petrol in relation to the minimum wage. By comparing the percentage of the cost of petrol within the minimum wage, we can gain insights into how much of an individual's earnings are spent on fuel. Here, we will examine this relationship in the United States and Nigeria. United States: - Cost of petrol per liter: $0.99 - Minimum wage: $1257 To calculate the percentage of the cost of petrol in the minimum wage, we use the formula: Percentage = (Cost of Petrol per Liter / Minimum Wage) × 100 For the US: Percentage in the US = (0.99 / 1257) × 100 ≈ 0.079% This calculation indicates that in the United States, approximately 0.079% of the minimum wage is spent on purchasing one liter of petrol. Nigeria: - Cost of petrol per liter: $0.45 - Minimum wage: $19.41 For Nigeria: Percentage in Nigeria = (0.45 / 19.41) × 100 ≈ 2.32% In Nigeria, about 2.32% of the minimum wage is required to buy one liter of petrol. From the above calculations, it is evident that people in Nigeria spend a significantly larger portion of their minimum wage on petrol compared to individuals in the United States. Specifically, the percentage of the cost of petrol in the minimum wage is approximately 2.32% in Nigeria, while it is only about 0.079% in the US. This stark difference underscores the heavier financial burden that fuel costs impose on Nigerian workers relative to their American counterparts. Understanding these disparities can help inform policies aimed at improving living standards and economic conditions in Nigeria. |
Entertainment / Re: FG To Arrest Skit Makers Who Release Content Online Without Approval by zuchyblink(m): 7:46am On Jun 29 |
They are on a mission to finish Nigeria up. Nigerian skit makers will run out of Nigeria soon. They want to scatter the youths so that they cannot come together to fight them. |
Politics / Re: Cost Of Living Comparison: UK Vs. Nigeria by zuchyblink(m): 3:08pm On Jun 27 |
Feeding alone is bankrupting Nigerians 4 Likes |
Politics / Re: Cost Of Living Comparison: UK Vs. Nigeria by zuchyblink(m): 3:06pm On Jun 27 |
Mindlog:Wow! That's huge! 4 Likes |
Politics / Free Fertilizers And Feed Imports: End Nigeria's Hunger. by zuchyblink(m): 2:15pm On Jun 27 |
To drastically reduce food inflation, the Nigerian government should consider supplying fertilizers to every state free of charge and making the sale of fertilizers a criminal offense. Additionally, allowing the importation of livestock feed duty-free would be beneficial. Implementing these measures could make food inflation, hunger, and starvation a thing of the past in Nigeria within six months. An improved food supply would positively impact the economy, as economic growth is challenging in an environment plagued by food crises. Addressing the current food crisis in Nigeria is crucial for the nation's overall economic recovery and growth. |
Politics / Re: Cost Of Living Comparison: UK Vs. Nigeria by zuchyblink(m): 1:57pm On Jun 27 |
Remman:Remember, Nigeria is an oil producing nation. What is the benefits oil if it cannot be used to make life better for Nigerians. 9 Likes 1 Share |
Politics / Cost Of Living Comparison: UK Vs. Nigeria by zuchyblink(m): 1:39pm On Jun 27 |
Cost of Living Comparison: UK vs. Nigeria - UK minimum wage: £11.44/hour - Nigeria minimum wage: ₦30,000/month - UK fuel price: £1.44/litre - Nigeria fuel price: ₦700/litre In the UK, one day's wage (8 hours) buys 63 litres of fuel. In Nigeria, one month's wage buys only 42 litres of fuel. |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 4:42pm On Jun 22 |
bmaster2000:Which people have been at the forefront for regionalism? 1 Like |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 1:43pm On Jun 22 |
Do not let anyone use 'victim mentality ' to blackmail you into shutting up. Speak up now! 1 Like |
Politics / How APC Led Government Bias Sank The Economy by zuchyblink(m): 1:39pm On Jun 22 |
How APC-Led Government (2015-Till Date) Anti-Igbo Policies Sank the Economy of Nigeria Since coming into power in 2015, the All Progressives Congress (APC) government has been accused of implementing policies that marginalize the Igbo people, leading to significant economic repercussions for Nigeria. This article explores the impact of these policies on the economy, highlighting key projects halted, monopolistic practices promoted, and infrastructural neglect, all of which have collectively contributed to Nigeria’s economic decline. Halted Projects and Economic Impact 1.Orient Petroleum Refinery: Before the APC came into power, construction of the Orient Petroleum Refinery in Anambra was underway, promising to boost indigenous refining capabilities and reduce dependence on imported fuel. However, the project was halted, stifling potential economic growth and local employment opportunities. 2. Ibeto Cement: Ibeto Cement was once a reliable and affordable cement provider in Nigeria. With the advent of the APC-led administration, Ibeto Cement faced severe setbacks, eventually becoming history. This decline disrupted the construction industry, increased building costs, and diminished consumer confidence in local manufacturing. Promotion of Monopolistic Practices The APC-led government has been criticized for promoting monopolistic practices, which have several disadvantages: Higher Prices: Monopolies can set higher prices due to lack of competition, leading to increased costs for consumers. Reduced Innovation: Without competition, there is little incentive for monopolies to innovate, resulting in stagnation. Economic Inequality: Monopolistic practices often lead to wealth concentration in a few hands, exacerbating economic inequality. These monopolistic tendencies have negatively affected Nigeria’s economy by stifling competition, innovation, and fair pricing. Agricultural Policies and Economic Chaos The ban on agricultural products had unintended consequences: Northern Advantage: Northern farmers, benefiting from large tracts of land, federal government irrigation projects, free fertilizers, and seedlings, exploited other regions. The high cost of food created economic chaos, highlighting that no country can achieve economic stability without affordable food. Food inflation directly correlates with economic crises. Nepotistic Railway System Design The APC government designed the railway system with a nepotistic undertone: Regional Bias: The railway system was developed favouring regions loyal to the APC, neglecting a comprehensive system that would connect northern and southern regions. This neglect hindered the efficient movement of goods and services, preventing cheaper transportation of food and other goods, and contributing to high costs and economic inefficiency. Regional vs. National Interest: The design of Nigeria’s rail system prioritizes regional interests over national cohesion, undermining economic integration and growth. Nigerian Gas Master Plan Similarly, the Nigerian Gas Master Plan avoided key cities in the South East, demonstrating a pattern of infrastructural neglect that stifles regional economic development and national economic synergy. Border Closures and SME Impact The closure of land borders severely affected small and medium-scale exporters: Export Disruption: Many small-scale manufacturers in Aba, Nnewi, and Onitsha, as well as other Nigerian cities, relied on land borders for exporting goods. The border closure disrupted their businesses, leading to economic losses and reduced manufacturing output. Economic Damage: These negative policies targeted at the Igbos have, in turn, damaged the broader Nigerian economy by stifling small and medium-sized enterprises (SMEs), which are crucial for economic growth and employment. In Conclusion The anti-Igbo policies implemented by the APC-led government since 2015 have significantly damaged Nigeria’s economy. Halted projects, promotion of monopolies, agricultural exploitation, nepotistic infrastructural development, and border closures have collectively contributed to economic decline. To restore economic progress, it is imperative to address these issues through inclusive policies, fair infrastructure development, and support for local industries, ensuring that economic stability and growth are achieved for all regions in Nigeria. |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 12:14pm On Jun 22 |
Osoboshi:Barren land that is 100 times richer than your land 1 Like |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 12:07pm On Jun 22 |
Expect the part 2 of this article. Title: How APC led government(2015-till date) anti-igbo policies sank the economy of Nigeria. 1 Like |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 12:04pm On Jun 22 |
Osoboshi:Your economy has moved from number one to number four on Africa,keep living in denial. 1 Like |
Politics / Re: Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 10:14am On Jun 22 |
The Naira began its downward journey since the Monday sit-at-home protests started. People should stop living in denial. |
Politics / Igbo Marginalization And Anti-igbo Policies In Nigeria And The Naira by zuchyblink(m): 6:21am On Jun 22 |
Igbo Marginalization and Anti-Igbo Policies in Nigeria: Impacts on the Naira's Devaluation Igbo Marginalization and Economic Disparities The Igbo people, predominantly located in the southeastern region of Nigeria, have historically felt marginalized within the Nigerian polity. This marginalization is perceived in various forms, including political exclusion, infrastructural neglect, and economic disadvantages. Policies perceived as anti-Igbo have exacerbated these feelings, leading to widespread discontent and calls for greater autonomy or even secession. Impact on the Naira's Devaluation One of the most visible consequences of this marginalization is the steady devaluation of the Naira. The Naira's decline can be attributed to several factors, including poor economic policies, corruption, and instability. However, the ongoing economic instability in the southeastern region, fueled by the Igbo secessionist movement, has significantly contributed to the Naira's free fall. The Monday Sit-at-Home Exercise Since the inception of the Monday sit-at-home exercise initiated by secessionist groups, the economic activities in the southeastern region have been severely disrupted. This exercise involves shutting down businesses, schools, and other economic activities every Monday as a form of protest. The repercussions are far-reaching, as this regular cessation of economic activities has led to substantial financial losses, decreased productivity, and heightened insecurity in the region. The disruption in trade and commerce has not only affected the southeastern states but has also had a ripple effect on the national economy. The uncertainty and instability created by these protests have deterred investors and hindered economic growth, contributing to the devaluation of the Naira. The Path to Economic Recovery To address these issues and restore economic stability, there is a pressing need for dialogue and reintegration of the Igbos into the Nigerian political and economic landscape. Ensuring that the Igbo people feel included and valued within the Nigerian federation is crucial for national unity and economic progress. Lessons from Agricultural Policies The Nigerian government has previously banned the importation of certain agricultural products to boost local production and self-sufficiency. A similar approach could be applied to goods produced in key Igbo commercial hubs such as Aba, Onitsha, and Nnewi,like footwears and apparel, vehicles and vehicle spare parts and motorcycle spare parts. By promoting and protecting locally manufactured goods from these regions, the government can stimulate local economies and reduce dependency on foreign imports. This strategy can potentially lead to a more balanced trade environment and contribute to the stabilization of the Naira In conclusion Economic activities thrive in environments of stability and inclusion. The ongoing marginalization and anti-Igbo policies have contributed to the economic downturn in Nigeria, manifesting in the devaluation of the Naira. Addressing these issues through dialogue, reintegration, and supportive economic policies will go a long way in restoring Nigeria's economic progress. By fostering an inclusive and equitable society, Nigeria can create a conducive environment for sustainable economic growth and stability. 1 Like 1 Share |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 4:01am On Jun 19 |
jihday:He should be in charge of the CHAN Eagles 1 Like |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 9:14am On Jun 16 |
So una don sack una Ill-fated Guardiola 4 Likes 1 Share
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Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 7:21am On Jun 15 |
Finidi George's ratings. Ego- 90% Substance - 2% Other bad character - 8 5 Likes |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 10:56pm On Jun 11 |
He qualified Nigeria to the 2018 Worldcup with a game to spare from a group that has Africa champions Cameroon, Algeria and Zambia. His team was deducted two points just because of NFF carelessness yet it didn't affect the Super Eagles qualifications. Qualified Nigeria for the 2022 FIFA Worldcup qualifying playoffs but clueless NFF decided to sack him. Qualified for the 2019 and 2021 AFCON with games to spare. We wanted Nigeria to play like Manchester City. Here we are, no hopes of playing at the 2026 Worldcup. 7 Likes 1 Share
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Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 7:22pm On Jun 10 |
Lethargic football carries the day. Rhor and Peseiro manage our football with lethargic football while Finidi and Eguaveon finished us with gen gen pressing. 2 Likes |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 4:47pm On Jun 08 |
Wetin Gernot Rohr dey run for us with ease. Calculators are back! |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 5:30am On Jun 08 |
Iwobi has retrogressed badly, from above average to average. We had great opportunities to shoot from the attacking midfielder position but Iwobi doesn't have the ability to shoot from the position. There matches you will play,no matter how hard you try to score, you cannot score unless you have a player that can deliver from Free kick,corner kick,win penalty and shoot from outside 18. The super eagles lack such exceptional players, only Osimhen comes close and Nigeria missed him. 1 Like |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 7:14pm On Jun 07 |
He unleashed five attacking players on South Africa |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 4:21pm On Jun 05 |
komekn:Were they rejected or not? Stop forming from your mouth. This is discussion is not for you with warped mentality. |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 11:39am On Jun 05 |
komekn: They are foreign rejects,let that sink in. |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 6:21am On Jun 05 |
komekn:Not just home based or home grown players,but the best of them. You, calling it retrogressive is purely your warped opinion. Nwabali, Osimhen, Boniface and others are homegrown players. Most of our best players are homegrown. Relying on them is far better than relying on foreign rejects. |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 7:22pm On Jun 04 |
elyte89:Mr man,i will not stop since it is not offensive |
Sports / Re: "The Super Eagles Thread: The Road To AFCON 2025 And 2026 World Cup by zuchyblink(m): 6:02pm On Jun 04 |
[quote author=elyte89 post=130306645] Something wey no be issue,ppu go Dey overblown …shey because say na local coach In dt context sef,I could also av said finidi addressing him dt way shows he doesn’t place himself as a boss rada as a big broda trying to correct his juniors in a hurtless manner….y not look at it from dt angle 😏..zuchyblink [/quote ]Mr man,I have heard |
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