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Ghana Protests Over Inflation - Foreign Affairs (8) - Nairaland

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Argentina Approves High Denomination Bill As Inflation Nears 100% / Protest Over Inflation, Bank Of England; Worst Is Yet To Come / U.S Increases Interest Rates, Signals Aggressive Battle Against Inflation (2) (3) (4)

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Re: Ghana Protests Over Inflation by jclassiq(m): 4:49pm On Jul 05, 2022
zoedew:
In her bid to get well economically Ghana will have to swallow bitter economic pills courtesy IMF conditionalities. It will tell on Ghanaians who will scapegoat foreign Nationals as they struggle to eke out a living. Nigerians who ran to Ghana and away from the Nigerian harsh economic weather had better be on their way back home before they become victims of transferred aggression. A word is enough for the wise.

Do you actually believe that Nigeria will ever be better than Ghana by standard of living?
Re: Ghana Protests Over Inflation by kumulus(m): 4:50pm On Jul 05, 2022
GeneralDae:

We actually have to widen the tax net.


Do you tax the unemployed?
Re: Ghana Protests Over Inflation by kumulus(m): 4:51pm On Jul 05, 2022
SeaTrade:
Widening the tax net is different from increasing taxes and is actually better.Ghana did the latter.
Just so you know.

Do you tax the unemployed? Answer!
Re: Ghana Protests Over Inflation by Wpp1: 4:52pm On Jul 05, 2022
Hmmm
Re: Ghana Protests Over Inflation by Highlyrespected(m): 4:54pm On Jul 05, 2022
kingthreat:
Many of you guys know nothing.
It is more expensive to live in Ghana than in Nigeria. Nigeria is one of the cheapest African countries to actually inhabit.
Exactly my brother.....
Some of people commenting on nairaland haven't yet to step theirs toes outside Nigeria that's why they were talking like that.

Like you said earlier on..... It is also more expensive to live in cote dilvoire than in Nigeria.
Expensive living in Cote dilvoire is mouth-dropping.

4 Likes 1 Share

Re: Ghana Protests Over Inflation by Highlyrespected(m): 4:56pm On Jul 05, 2022
kingthreat:
Many of you guys know nothing.
It is more expensive to live in Ghana than in Nigeria. Nigeria is one of the cheapest African countries to actually inhabit.
Exactly my brother.....
Some of people commenting on nairaland haven't yet to step theirs toes outside Nigeria that's why they were talking like that.

Like you said earlier on..... It is also more expensive to live in cote dilvoire than in Nigeria.
Expensive living in Cote dilvoire is mouth-dropping...... In terms of House rents, electricity bill, water bill, feeding, tax tollgate fee e.t.c.

2 Likes 1 Share

Re: Ghana Protests Over Inflation by Tundex911: 4:57pm On Jul 05, 2022
Whereas world Bank blame Nigeria recently that we should have curb the inflation as the number one in the Africa but the reverse is the case for this 9ja....

Thunder ⚡ strike all of those leaders of this nation

Peace ✌️

1 Like

Re: Ghana Protests Over Inflation by SeunNotOwner: 5:00pm On Jul 05, 2022
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.
.

Wow...Wow... Wow

What a jaw-dropping submission...
More blood to your finger muscles

1 Like

Re: Ghana Protests Over Inflation by GeneralDae: 5:14pm On Jul 05, 2022
kumulus:



Do you tax the unemployed?
Tax with small percentages depending on the job or business,but everything should be taxed. That's how Oyinbo do it.
Re: Ghana Protests Over Inflation by GeneralDae: 5:16pm On Jul 05, 2022
kumulus:


Do you tax the unemployed? Answer!
No but every business, job, or form of trading ( no matter how little), should be taxed with percentages depending on the job
Re: Ghana Protests Over Inflation by uglodoh(f): 5:25pm On Jul 05, 2022
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.
Thanks for the write
Re: Ghana Protests Over Inflation by uglodoh(f): 5:25pm On Jul 05, 2022
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.
Thanks for the write y
Re: Ghana Protests Over Inflation by ibro360(m): 5:25pm On Jul 05, 2022
This is what Nigerians can never do
Re: Ghana Protests Over Inflation by boldtruthalways: 5:32pm On Jul 05, 2022
Nigerians like suffering and smiling
Re: Ghana Protests Over Inflation by IgOga(m): 5:45pm On Jul 05, 2022
Zulu2022:
Russia gives out 2billo free not even loan,oooh nairaland

You have no idea?....then read on how much Russia pays Ukraine for stationing it's entire blacksea naval fleet in sevastopol....it wasn't free.....perhaps another reason for annexation

And today Russia still pays Ukraine billions of dollars for gas pipeline going through Ukraine to Europe....things are not as clear as the media sometimes present it to you
Re: Ghana Protests Over Inflation by sunbreaker: 6:07pm On Jul 05, 2022
JASONjnr:



The impression you have about Nigeria is extreme and it can only mean that you do not appreciate what you have.


Nigerians are hustlers, bad or good government, Nigerians will always strive....

Ghanaians are lazy and they always hope and wait on the government to do everything for them. They don't want to suffer...

They have constant power supply but can't make anything good out of it.

Give Kano or Kaduna Abia state or Anambra or Lagos or Ogun states 20hours constant power supply daily and you will see development all round the country
100℅ correct bro. Those never being into Ghana before will say Ghana is better than Nigeria. Though their security is OK,power supply is good but what they paid in a month if its happened in Nigeria chasala don burst.

1 Like 1 Share

Re: Ghana Protests Over Inflation by SeaTrade(m): 6:15pm On Jul 05, 2022
kumulus:


Do you tax the unemployed? Answer!
Look, I don't know who you think you're talking to.
But please,if you want us to discuss,keep your manners in check.
Cheers.
Re: Ghana Protests Over Inflation by PetroDolla2020: 6:23pm On Jul 05, 2022
Pure rubbish. As if Nigeria is better grin Ghanaians are angry simply because the reckon they deserve better than what the incompetent government is delivering. cool Ghana's economy is growing at 3.5%.

It's not as if the economy is collapsing. I will choose Ghana over Nigerian any day. At least you can sleep with your two eyes closed at night. grin at least electricity is steady and reliable grin people are not being kidnapped upanddown grin

[s]
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.
[/s]
Re: Ghana Protests Over Inflation by PetroDolla2020: 6:28pm On Jul 05, 2022
Stop telling lies. most Nigerians are paid an average of 50,000 naira per month. Abi na lie? A new lawyer doing his pupilage in Ghana can receive more than 2000 cedis, which is more than 200,000 naira. how much is a 'full-grown" lawyer in Nigeria paid? shocked grin
sunbreaker:
100℅ correct bro. Those never being into Ghana before will say Ghana is better than Nigeria. Though their security is OK,power supply is good but what they paid in a month if its happened in Nigeria chasala don burst.
Re: Ghana Protests Over Inflation by brandsoncharlie: 6:29pm On Jul 05, 2022
Quintopia:


Things are far cheaper in Nigeria than in Ghana dude.

You need to see how expensive things are in Ghana now, even food.

Boys are not smiling there at all.
He can’t live in Accra for 1month, If ur pocket isn’t nice
Re: Ghana Protests Over Inflation by brandsoncharlie: 6:32pm On Jul 05, 2022
[quote author=PetroDolla2020 post=114453128]Stop telling lies. most Nigerians are paid an average of 50,000 naira per month. Abi na lie? A new lawyer doing his pupilage in Ghana can receive more than 2000 cedis, which is more than 200,000 naira. how much is a 'full-grown" lawyer in Nigeria paid
Re: Ghana Protests Over Inflation by tamdun: 6:42pm On Jul 05, 2022
Quintopia:


14th largest. not 6th.

https://en.wikipedia.org/wiki/List_of_countries_by_oil_production

And Nigeria does not have anywhere near ''the highest deposit in gas''.
The guy is talking about gas not oil


STOP LYING.
Re: Ghana Protests Over Inflation by Archbishop88: 6:54pm On Jul 05, 2022
Quintopia:


Things are far cheaper in Nigeria than in Ghana dude.

You need to see how expensive things are in Ghana now, even food.

Boys are not smiling there at all.
This is true. I was in Ghana last month, things are quite expensive especially Accra.
Re: Ghana Protests Over Inflation by SlavaUkraini: 6:57pm On Jul 05, 2022
Zulu2022:
I hear say if Dem catch u fr cult matter there,ur own don b

They frown at cultism and cult related offences.

The Jail time for that is very long.
Re: Ghana Protests Over Inflation by Litmus: 7:00pm On Jul 05, 2022
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

Nice post except the bit where you invited them to Nigeria. They're not welcomed. The don't need Nigeria let them eat electricity.
Re: Ghana Protests Over Inflation by sprinter101(m): 7:11pm On Jul 05, 2022
FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

I readyour wrie up,was living in Ghana,things became so hard middle of last year amd the prize of things went up
Re: Ghana Protests Over Inflation by zoedew: 7:31pm On Jul 05, 2022
jclassiq:


Do you actually believe that Nigeria will ever be better than Ghana by standard of living?
You should be looking at the size and the share of the market that is ready and willing to pay for the value you offer. Nigeria has a market and human and material resource base that is far bigger than Ghana’s. I believe Nigeria will get better. I am not inclined to make the comparison you seek because the factors involved rapidly shift in very short span of time.

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Re: Ghana Protests Over Inflation by FrauleinBlossom(f): 7:33pm On Jul 05, 2022
I really don't know what the situation is over there, but I doubt it will compare to what we have in Nigeria, and yet we the citizens make no fuss about. We are special breeds walahi

Re: Ghana Protests Over Inflation by sunbreaker: 7:37pm On Jul 05, 2022
PetroDolla2020:
Stop telling lies. most Nigerians are paid an average of 50,000 naira per month. Abi na lie? A new lawyer doing his pupilage in Ghana can receive more than 2000 cedis, which is more than 200,000 naira. how much is a 'full-grown" lawyer in Nigeria paid? shocked grin
who is telling lie? You don't have manner of approach. Please I don't come here to argue with anybody ,I had been there before and i know what I'm saying. You only heard your news on social media or third parties relative. Then, if you say 2000 Ghana cedis is more than #200,000 I realised you don't know what you are saying but to clear your ignorance (2000 Ghana cedis is #103,000 as at today 5/7/2022. I think this will educate you more.

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Re: Ghana Protests Over Inflation by samorobo: 7:51pm On Jul 05, 2022
NaMe4:


You further strengthened his point.

How would they survive in the typical Nigerian environment with lack of basic infrastructure to start with?

They will survive. Nothing special about that country. Stop making it look like they are america all of a sunset. We may not have power but overall general infrastructure here is still way.way better than their. You are use to their constant hyping whilst they die in silence. Unlike them we speak up over the flimsiest thing.
Re: Ghana Protests Over Inflation by Jamersirwin1971: 8:10pm On Jul 05, 2022
Everything you wrote was on point till you mentioned Nigeria giving Ghana Electricity. That’s false . Ghana has its own dam and Nitro electricity . Their dam has been in existence before they got independence . And till now is functioning . It’s has been fully privatized to American companies where every 5 years they
New companies re-bid . Maybe you read more on Akosombo dam . Then you will know more .


FreeStuffsNG:

For most folks like you, you do not value what you have until you lose it. Thank God for President Muhammadu Buhari. May God bless him and bless Nigeria.

That is why we do not take our successes in Lagos for granted. We Lagosians suffered more than the rest of the country prior to 1999 and it was that our resolve never to allow that kind of suffering happen again in our land that has kept us on our toes in Lagos since 1999 when the amazingly talented Senator Bola Ahmed Tinubu took over the rein from Col. Buba Marwa.

Today, our economy in Lagos is bigger than the economy of the whole of Ghana. Amongst our many feats in Lagos is the Lekki deep seaport, conceived 13 years ago by Asiwaju Tinubu, that recieved its first cargo ship this week. This deep seaport is the first in Nigeria and the best in West Africa.
You can draw inspiration from our success story in Lagos wink

If you are suffering in Nigeria now, it is because you have been outcompeted. You probably waste your time online and on social media.

While you stay online and lament, other young focused ambitious Nigerians are competing for the same opportunities you seek.

Those eventual winners do not have time for nairaland and the social media. They do not even have time for pity or lamentation party.

That you do not know how terrible and worse the Ghaniaians case is alone says a lot about how conversant you are about their state yet very quick to disparage my Fatherland.

Ghana redenominated their old cedis in 2007 by knocking off four zeros and between then and now their new cedis has lost value by over ten times such that one new cedi is an equivalent of 100K old cedis or more!

Thankfully, my late President Yardua stopped Prof. Soludo from that dangerous experiment of redenominating the naira and today naira has not been redenominated. My N100K in 2017 is not today worth N1 or less. I thank God and late HE Yardua for stopping Soludo.

Ghana was one of the countries that the IMF and others cancelled their debts completely unlike Nigeria that had to pay about $18 billion during the Pa Obj era yet today, Ghana is back in so much debt even more than it was before her debts were forgiven.

Between 2020 and last year, it was so bad for Ghana that they ran out of forex and had to be bailed out by IMF with $1 billion and Ghana is not yet out of the woods. Last Ghana inflation number was approximately 50% and still not abating amidst high unemployment and scarcity of goods and foods.


Their Ghana stock exchange is nothing to write home about yet this year 2022 alone, our own Nigeria Stock exchange has broken and exceeded the record it last reached before the 2018 global meltdown, printing money for local investors and one of the best in the world so far https://nairametrics.com/2022/07/03/nigerian-stock-market-end-first-half-of-2022-as-one-of-the-best-in-the-world/

Thank God that CBN under Emefiele blocked the useless fraudulent cryto ponzi, the favorite 'food' of lazy and gullible Nigerian youths, may be by now the fraudsters behind crypto and nfts would have killed the naira and most of the "greater fool" liquidated 80K crypto millionaires would have come from Nigeria!

Ghana struggles to pay us for the energy we export to them and when we closed our border, Ghana was on her knees economically and politically while their effort at frustrating some of our nationals in Ghana also backfired.

Ghana has a bizarre and very primitive business system that forbids a foreigner from registering a business and owning a company in their small country unlike Nigeria where CAC is very liberal.
Watch how many of them will get to Nigeria now and start their own businesses yet we do not discriminate against them. Nigeria is a big brother to Ghana and we have always bailed them out.

Ghanaians are in soup but thank God they have a big brother and a second home in Nigeria. The original and current traditional landowners in their capital are ethnic Yoruba who migrated to Ghana from Ile Ife like a century ago and they have since traced back their origin to Ile Ife where Ooni assured them that they will always be welcomed back home.

So while the Yoruba in Nigeria are doing well there are things the descendants of Yoruba in Ghana are not doing well but can always rediscover and get back on their feet.

Nigeria is a safe haven for Ghanaians and Nigeria is far far ahead of Ghana.
Meanwhile,here's free book on business ideas & money sources directory for you,it's 100% free! to download, read and use https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

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