Lol

Where is that man always shouting inflation? That paying workers a living wage will bring inflation? I hope you have seen here what's causing inflation. All the trillions borrowed was for what? To buy themselves bulletproof vehicles and spend on pilgrimage right? Because I can't actually see what the borrowing has translated to in terms of economic improvement. The government owes it to the citizens to tell us what they have used all these monies for and how it's translating into economic improvement.

Food security is a serious issue that will affect everybody in this country soon

Please follow my farming journey here 👇

https://www.nairaland.com/8087087/farming-journey

And my call for investors here 👇

https://www.nairaland.com/8087908/please-how-access-loans-proposed

Shalom

I just dey observe all of una...!

If we are being honest, it might already be too late for Nigeria!


Another 8 years of experimenting, tinkering, and borrowing 'unpayable' loans.

No wonder all of them, including Peter Obi, have secured their families futures abroad.

They know there is really no future for this nation.

Sad!!!

tinubu is nothing but a condemned criminal

Apt God bless you.

mrvitalis:
[b]Until nigeria make massive investment in providing access to credit to SMEs in Two critical categories 1) import substitute 2) exportable goods... We would continue to have no meaningful economic growth


You have borrowed 20 trillion, that's not a problem In its self... But providing online 75 billion for SMEs is madness

If am president

Pharmaceutical industries would have a credit access of about 2 trillion zero percent import duty on raw materials and equipments... This would create over 200,000 direct jobs

The idea would be to position nigerian pharmaceutical industry to compete with India in the next 5 years

Garment factories would have access to credit of about 2 trillion, zero import duty on fabrics and machines... This is the money here... This has a potential to add 200 billion dollars to our GDP... Work on streamlining the export process and bring in SON to standardize production this can easily create 5 million jobs

Ethanol production would have access to credit of about 2 trillion zero percentage on importation of raw materials and machines.... Ethanol factory villages with gas pipeline in Kaduna, Benue and Niger States

8 trillion naira access to credit for local industry cooperatives... Do you have skills, form a cooperative of 5 to 200 people

Prove your products can be ( cheaper than landing cost of imported goods or cheaper than the average international price for exported goods) ...
Pot production
automatic share butter,l
chocolate production
cutlery production
ginger farming,
poultry feed,
fish feed
fishing industry,
rice farming
improved seed development
Etc this would create over 5 million jobs

All this for the cost of 15 trillion same as Lagos calabar road

I dare anyone to show me how Lagos Ibadan road would have more economic impact than my analysis above
[/b]

FreeStuffsNG:
Fiscal and monetary control strategies to combat inflation. It's paying off gradually as the month on month increase in inflation has started declining from last month while govt revenue is rising up.

It's very difficult and almost impracticable to combat inflation, raise minimum wage significantly and expand the economy at the same time but the Cardoso-Edun combo is like magic in economics. They will over-deliver and exceed expectations at last. Petrol importation will likely end this month as Dangote Refinery starts releasing its petrol into the local market, freeing up more forex to FG which is at same time reducing electricity subsidies and funding big impact projects like Lagos- Calabar coastal highway, Sokoto - Badagry highway, etc

May God bless Nigeria for ever! Check my signature for free stuffs!

Talk is cheap

Them swear for you?

TimeManager:

Stop quoting Obi when it comes to macroeconomics, this is not container economics. Even his container needs seaport and road infrastructure and warehousing, before he could sell to customers and make profits. Unfortunately, his fellow illiterates are the ones parroting same myopic views.

-Kiss the truth!

What u wrote made no iota of sense.

Pls,avoid threads that talks about economy as u are a certified olodo.

Ur contribution just made me believe that one can be educated and still lack sense.

Yankee101:
Thieves
Goodluck’s budget was 4Trn naira only
Una don dey turn naira to paper

The money na paper already. Na toilet roll remain.

Hmmmmmmm

Wait I don't understand.

The 20 trillion is it to buy a new Nigeria or to fix and build infrastructure, please someone explain to me.

I am not understanding because it's just 365 days and I have not seen anything tangible for this money.

Thiefnibu is a failure

The Zombie Supporters of APC are my major concern in this whole thing....

I mean at a point I felt thy are just Robots introduced by APC media for the President in all social media outlets....

But on a second thought, I noticed some are human beings but without conscience...... irremediable fellows

The said the old dude is an accountant and the propaganda goes like this...na statistics we go chop

Before the end of the year ..Una currency gone like Zim dollar

Oga Atiku would have save us from all this , how I wish we don't have tribalism in Nigeria. It is one thing to admit the economy needed retooling when you come in , it is another thing to live in denials. Although we should all rally round and save Jagaban of Africa. The people advising the President should be core professionals not politicians on the economy and other sectors.

BAT will surpass PMB in this area

What is the reason of removing subsidy when we are still borrowing this much

20 trillion in just one year?
Chai e be like say anini have finally taken over the national treasury.

Keep borrowing. More power to your elbow

FreeStuffsNG:
Fiscal and monetary control strategies to combat inflation. It's paying off gradually as the month on month increase in inflation has started declining from last month while govt revenue is rising up.

It's very difficult and almost impracticable to combat inflation, raise minimum wage significantly and expand the economy at the same time but the Cardoso-Edun combo is like magic in economics. They will over-deliver and exceed expectations at last. Petrol importation will likely end this month as Dangote Refinery starts releasing its petrol into the local market, freeing up more forex to FG which is at same time reducing electricity subsidies and funding big impact projects like Lagos- Calabar coastal highway, Sokoto - Badagry highway, etc

May God bless Nigeria for ever! Check my signature for free stuffs!

Talk is cheap

to a waster everything is nothing.

This man plan na to finish this country before he leaves...

Nothing like apprehension....we know it will be worse than this before next three years.. soon we'll be paying FG to help service the loans

Ok

mrvitalis:
[b]Until nigeria make massive investment in providing access to credit to SMEs in Two critical categories 1) import substitute 2) exportable goods... We would continue to have no meaningful economic growth


You have borrowed 20 trillion, that's not a problem In its self... But providing online 75 billion for SMEs is madness

If am president


Pharmaceutical industries would have a credit access of about 2 trillion zero percent import duty on raw materials and equipments... This would create over 200,000 direct jobs

The idea would be to position nigerian pharmaceutical industry to compete with India in the next 5 years

Garment factories would have access to credit of about 2 trillion, zero import duty on fabrics and machines... This is the money here... This has a potential to add 200 billion dollars to our GDP... Work on streamlining the export process and bring in SON to standardize production this can easily create 5 million jobs

Ethanol production would have access to credit of about 2 trillion zero percentage on importation of raw materials and machines.... Ethanol factory villages with gas pipeline in Kaduna, Benue and Niger States

8 trillion naira access to credit for local industry cooperatives... Do you have skills, form a cooperative of 5 to 200 people

Prove your products can be ( cheaper than landing cost of imported goods or cheaper than the average international price for exported goods) ...
Pot production
automatic share butter,l
chocolate production
cutlery production
ginger farming,
poultry feed,
fish feed
fishing industry,
rice farming
improved seed development
Etc this would create over 5 million jobs

All this for the cost of 15 trillion same as Lagos calabar road

I dare anyone to show me how Lagos Ibadan road would have more economic impact than my analysis above
[/b]

This idea is a very dope and will boost our GDP

I copied this idea jus incase I head any government agencies, or become a governor, people like you, your intelligence is top notch and a problem solver.

mrvitalis:

Those infrastructure if need would be provided by the private sector all u need to do is empower the private sector

How do you guys think

You have been building infrastructure since 2015 yet economy is tanking yet you still want to do the same thing

Stop giving answers to people who lack mental capacity to understand or are blinded by tribalism.

mrvitalis:

Those infrastructure if need would be provided by the private sector all u need to do is empower the private sector

How do you guys think

You have been building infrastructure since 2015 yet economy is tanking yet you still want to do the same thing

Why would you empower private sector to deliver infrastructures, afterall infrastructure do not drive the economy, then why waste resources?. Let's rather go back to the stone age when we roll leaves across the waist, since infrastructure ain't neccessary. You're here on the internet with a phone yet talking down infrastructure?. You need to first listen to yourself before following an opinion blindly.

-Kiss the truth!

toor

Me just dey wonder where the trillion zillion they said they are saving from not paying subsidy is.

Obasanjo,Yaradua and Jonathan had igbos in their economic team.
E get why

mrvitalis:
[b]Until nigeria make massive investment in providing access to credit to SMEs in Two critical categories 1) import substitute 2) exportable goods... We would continue to have no meaningful economic growth


You have borrowed 20 trillion, that's not a problem In its self... But providing online 75 billion for SMEs is madness

If am president

Pharmaceutical industries would have a credit access of about 2 trillion zero percent import duty on raw materials and equipments... This would create over 200,000 direct jobs

The idea would be to position nigerian pharmaceutical industry to compete with India in the next 5 years

Garment factories would have access to credit of about 2 trillion, zero import duty on fabrics and machines... This is the money here... This has a potential to add 200 billion dollars to our GDP... Work on streamlining the export process and bring in SON to standardize production this can easily create 5 million jobs

Ethanol production would have access to credit of about 2 trillion zero percentage on importation of raw materials and machines.... Ethanol factory villages with gas pipeline in Kaduna, Benue and Niger States

8 trillion naira access to credit for local industry cooperatives... Do you have skills, form a cooperative of 5 to 200 people

Prove your products can be ( cheaper than landing cost of imported goods or cheaper than the average international price for exported goods) ...
Pot production
automatic share butter,l
chocolate production
cutlery production
ginger farming,
poultry feed,
fish feed
fishing industry,
rice farming
improved seed development
Etc this would create over 5 million jobs

All this for the cost of 15 trillion same as Lagos calabar road

I dare anyone to show me how Lagos Ibadan road would have more economic impact than my analysis above
[/b]

Oil dey your head 👍

TimeManager:

Stop quoting Obi when it comes to macroeconomics, this is not container economics. Even his container needs seaport and road infrastructure and warehousing, before he could sell to customers and make profits. Unfortunately, his fellow illiterates are the ones parroting same myopic views.

-Kiss the truth!

Do you know I couldn't establish any critical point you made. Bdw what is the meaning of container economic. Are you literate at all or you are just daft. What sort of people roam around this nairaland. Someone asked a question instead of you to address to show how brilliant you are but you choose to type rubbish.