I wish they would also ask for a downward review of Senators allowance.. but alas, those ones whould rather the country burn that lose one naira.

The rulers of the past built four refineries.

The politicians of these days that are more concerned about themselves continued importing fuel, while spending money on turnaround maintenance that never worked.

Now a private individual built one and the whole country is hoping and waiting on him.

The amount that has been spent on turn around maintenance for 30 years, how many refineries would have been built from it?

helinues:
Toh

My own curiosity is, if some states are still paying the N18k minimum wage claiming they can't afford N30k.

How then do you expect such states to pay anything above N100k?

We are even yet to talk about the private sectors. Would they be able to afford above N100k minimum wage? Even if the minimum wage is pegged around N80k, there would still be lay off.

How about the inflation the ridiculous amount N464k abi na how much NLC would cause?

https://www.nairaland.com/8113134/n70-n80k-realistic-minimum-wage

The 37 man commitee collected 1billion for this excercise.

What stops them from being transparent with the public for how they arrived at what ever figure they are presenting to NLC and justify it?

It could be "we want minimum wage to be 45k because with the policies in place, by December 2024, 1$ will be equal to 300 naira per campaign promise."

What is it about this 3000 increment per meeting? Are they enjoying this delay?

They should be transparent and show justification for their proposal after all they collected 1billion for this.

epainos:
Hmmm!

Most South-Southers feel betrayed by this criticism. Only Tinubu's opponents in SW and most of SE oppose this project. Some things should be left unsaid. To be honest, if this project is completed, the support gap between BTW, SS, and SE will widen significantly.

Akpabio and Tinubu are seriously uniting SS and SW. Hmmmm! Look at it deeply. While Igbos are just making it extremely hard to unite with them. Do you really think SS will follow their Biafran agenda? OK, oooo. But there are roads going through SE now. Their son serves as the Works Minister. But anything about SS, if it does not benefit Igbo, they spoilt it. And then some irrelevant SW too join them. But the truth is that SS will only count this man's article as a trash. Lol.

Regardless of what you say, I support any infrastructure development. This is what we need now. We need to connect everywhere.

Na food una want. Gluttons. If we sacrifice food to complete these infrastructure development projects, it is a win-win situation. We can not do much until we have a system in place to prevent looting. But at least, let them build Nigeria. What is so hard in this? Instead, let us put pressure on Tinubu to complete it, or ensure that the next president does. This should be our goal. Everyone should go to their constituency and ensure that their representatives begin submitting developmental ideas and projects to the presidency. Let us all wake up and press their heads. Let's stop this bitterness here and there.

As Ben Murray Bruce has stated, if you do not like the road after it is completed, do not drive on it.

Who will then do it? Why cant this same "pressure to complete project" be applied to check corruption?

Lets us continue until we revert to using pound sterling as our national currency

As long as customs did not adjust their rate downwards, you can tell that the reduction was cosmetic

And this is what makes people question priorities.

All these loans are not interest free.

Spend 1billion for 37 man commitee
Spend 17billion for vp residense as if Osinbade was living in the forest
6 billion for national assembly Carpark
5 billion for presidential yatch
Etc etc.

All these can be put in the right place than borrowing and incurring more debt.

But alas, their issue is not ignorance. They are well aware of what they are doing.

b3llo:
Tinibu's policies were Ill timed but he did what he did to save the economy.

Yes o...we are also feeling the effect of the one billion naira, 37 man commitee to review minimum wage.

Lets change the anthem to "On ya mandate..."

YesDaddyTill203:
Tinubu is making necessary changes that all past leaders were afraid to make.
Like the man or not, he dares to make hard decisions that should have been made decades ago.
Yeah, it will be tough, but these are decisions that should have been made by previous govt.
The past admins didn't have the courage to make these hard decisions because they were more focused on winning elections.

In the long run, Nigeria is poised for positive growth. Thank God for Tinubu. he will eventually end up as the best president that Nigeria has ever had.

You are correct. 1 billion naira for 37 man commitee for minimum wage review was the toughest decision.

jmoore:
You foolishly approved half a billion for a committee of minimum wage, only to offer peanuts.

Why must they even budget a kobo for that committee that has members already collecting salaries? If you claim there is no money to pay 600k as minimum wage, then you are a thief for approving half a billion for the committee.

He approved 1billion and released #500 million. I.e "Start with #500 million first"

In those days, I'll look at the type of cars on the property.

It gives an idea of what their pay package is like.

Is this the best the 1 billion naira, 37 man commitee can come up with?

That this twitter banter enter punch news with misleading headline just shows how low we have sank.

Nbkay23:
It’s no longer news how Dollar is skyrocketing in our Economy Nigeria Today, and the Devaluation of our Naira, well I’ll like to share my own 2percent on the situation.

Considering the fact that Nigeria only spends naira, But the availability of dollars to some, in the economy is Devastating. These are the Big business corps, BDC’s operators and Particularly the Government. The reason for our currency devaluation, here I’ll tell you now..I’m an economist and a part time forex trader, so believe it what I’m telling is true.

The Cbn exchange dollar thru the Bureau d change to the public, the way they do it, is By releasing Dollars to particular registered BDC traders as they claim, Dollars is released to this Individuals to sell to the General public daily, What these people do is, they sell at a particular rate and increase the rate so as to Have some dollars left in stock, By hoarding them, They come back to the bank next day and deposit naira, Saying Demand of Dollars is High, Next day collecting of dollars take place in the Bank again, the bank doesn’t have a choice than to increase the rate cos the rate of return is Low in Value, Definitely business has been done and profit has been made. The issue is Why can’t the CBN put a stop to Street Trading, Aboki’s calling people dollar, dollar on the streets and Devise a Means of Transaction using the Bank for Transparency while Dealing thru the Accounts of the BDC’s, this way you can avoid Laundering of money, illegal transactions and Consumption of Government funds, Most Politicians in Abuja prefer to use the Bureau d change cos it’s a seamless way of Transaction, No one can hold you, No amount is too much, Infact the bigger the amount the Better they friends with you. Street transaction of Dollars is still the same as Spending dollars in the economy. You won’t see other Countries allowing other currencies to be Transferable in the Streets, We have to put a stop to this Menace if we want to save this Country from Collapsing , Using Debts to hold the naira is not the way, Defunding the Banks of Dollar deposits is not the way, Defunding the crypto holders is not even the way, We have to let Transparency and Records take control of the Exchange system, Not in the streets, But banks. Slots can be made Available for Preferable BDC’s Vendors, And Stop Doing Business with the Economy

Below in this picture is a woman walking Pass the exchange Board in Tokyo Japan, You can Visibly see the chart

You have left the main cause (corruption) to go after someone who is just doing business (BDC operator)

News flash, street bdc operators have been in operation since forever. Even during the military regime.

They are not the root cause or the solution. Gandollar does not go under tree to get dollars.

Even Gandollar nor dey the list. Moving on

I stopped reading at "the claim could not be confirmed"

You cannot allow corruption to go unchecked and be wondering why the math is not mathing

Has he been cloned?

What is the 37 man, 1 billion naira commitee doing?

Only positive thing is opposition is keeping them on their toes.

At the end of the day, Nigeria benefits from the "transparency"

successmatters:
Reno, we are never going to give you any government appointment.

You remain ignored.

Reno is definitely being paid on the side to appear like an unbiased person.


If not how can a sane person claim that the naira stride should be studied in Ivory towers?

Basic law of demand and supply.

Fg stops form A, stops selling and sends everyone to the black market with no restrictions.

Naturally, value of naira depreciated.

FG gets loans, and starts selling to BDC and fixes the markup. Does that look like free market?

We have yet to even get to the initial value.

I'm all for givign credit when due but this is equivalent to you hiring a driver. Driver gets into an accident on the first day and dents your car.

He then takes the car to a panel beater who just fixed part of the dent and has not even resprayed the car.

Driver then comes and says he deserves the best employee award.

Dittodat:
This LOSER should STFU.

Good and bad governance affects everyone including you.

If at the end of the day Tinubu does well to shut up the opposition, it still benefits everyone.

There is nothing wrong in eliminating corruption or reducing waste for the benefit of the nation.

Don't let your dislike for someone make you wish harm on yourself.

Even a broken clock is right twice a day. Learn to see beyond hatred.

This where training comes in.

Those days working offshore, in addition to life jackets being mandatory, you are also trained about the "survival circle" in the survival at sea training.

This is where all the survivors hold themselves together and the people without life jackets climb in the circle.

This way, rescue is easier as they easier to spot from a helicopter, are all together and those without life jackets have a higher chance of survival.

It's a pity.

Rushed to which hospital? The images out there just show him on the ground...no CPR or anything. Just people videoing and shouting.

Its a pity.

Make this guy nor spoil market for James Brown o

Where is Zamfara state governor on the list?

wink2015:
NIGERIA GO AND FACE AGRICULTURE

Crude oil money does not reflect true wealth of Nigeria as it is only the south south region that all the states focus their attention on for resources.

Insecurity is one of the major things affecting agriculture in Nigeria

VeryWickedGoat:
5 years from now Apple will release the iFold and we won't hear word.

Dem dey learn work for where APC dey

Kudos if he keeps this up.

Its time for Nigerians to move beyond seasonal politicians that only show up near election

How does a three month ban save 5bn quaterly?

Is the ban going to be indefinite? Or does he mean it will save 20bn and he just divided it?