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Politics / Re: Ogun State IGR Grows From ₦70 To ₦147 billion In 4 Years by Bobloco: 9:41am On Oct 29 |
Mynd44: Mynd44, impressive yes, but critical questions must be asked. What is Dapo Abiodun doing with all that money? How can a state that's IGR is more than the entire south-east IGR propose to pay a lower minimum wage than Enugu state? 1 Like 1 Share |
Politics / Re: Reps Member, Ikwechegh Issues Apology After Assaulting A Cab Driver by Bobloco: 8:34am On Oct 29 |
Politics / Re: Ghana To Import Petroleum Products From Dangote Refinery ‘To Reduce Prices’ by Bobloco: 6:58am On Oct 29 |
Politics / Re: Peter Obi’s Silence: The Selective Integrity That Proves He’s No President by Bobloco: 6:56am On Oct 29 |
malali: Can you just read what you wrote here and ask yourself whether you made any sense? You are making excuses for Tinubu, the president of Nigeria with the constitutionally assigned duties of protecting lives and properties of every Nigerian and ensuring that no Nigerian citizen right is trampled upon, but you want Peter Obi, a private citizen, to criticise because, according to you, he is quick to criticise others. Honestly, the way you folks turn logic on its head is mind-boggling. 3 Likes |
Politics / Re: Peter Obi’s Silence: The Selective Integrity That Proves He’s No President by Bobloco: 6:07am On Oct 29 |
malali: Peter Obi lives rent-free in your medulla oblongata because I don't understand why you are calling on Peter Obi, a private citizen, but leaving out Tinubu. Is Tinubu not the president of Nigeria who is expected to uphold the constitution of the federal republic of Nigeria and ensure that the rights of every Nigerian are protected and preserved? 3 Likes 1 Share |
Business / Re: Pick N Pay Exits Nigeria After Four Years by Bobloco: 5:49am On Oct 29 |
Thunder 🔥 Tinubu 25 Likes |
Politics / Re: World Bank’s Deadly Agenda - Punch Editorial by Bobloco: 5:47am On Oct 29 |
helinues: |
Politics / Re: Peter Obi’s Silence: The Selective Integrity That Proves He’s No President by Bobloco: 4:38am On Oct 29 |
malali: Imagine a Tinubu supporter talking about integrity. A virtue their drug lord lacks. The hypocrisy displayed by Tinubu urchinstons and BATerians is out of this world. They expect Peter Obi, a private citizen, to live above board, but don't expect the same from Tinubu, the president with a constitutionally assigned duties. To them, Tinubu, the president can behave any way he likes, but Peter Obi shouldn't. If only they demanded from Tinubu half of what they always demand from Peter Obi, a private citizen, maybe, just maybe Tinubu wouldn't have turned out this disastrous. 8 Likes |
Politics / World Bank’s Deadly Agenda - Punch Editorial by Bobloco: 12:32am On Oct 29 |
What does the World Bank want? The question is pertinent in light of its deadly stance on Nigeria’s precarious fate. The country borrowed over $24 billion from the global lender in five years. In 16 months, the Bola Tinubu administration borrowed $6.45 billion. Within this short period, Nigeria sank deeper into crisis thanks to Tinubu’s Ill-advised removal of petroleum subsidies and floating the naira. Food prices and transportation costs immediately shot up. As sustenance became increasingly hard to come by, Nigerians grasped at any semblance of a lifeline. They stampeded for a loaf of bread, a small rice bag or yam tuber. Some died chasing the lifeline. In a year, the country witnessed two major protests against hunger and bad governance. Inflation has reduced the naira to a near-worthless piece of paper. In a country notorious for its epileptic grid electricity, most Nigerians cannot afford to buy a litre of petrol at over N1000 for their power generators. Businesses are folding up. Unfortunately, the World Bank applauds the Tinubu government’s choking reforms. And sadly, the International Monetary Fund joins in the praise. Emboldened by this endorsement, Tinubu once thumped his chest saying he deserved to be listed for an award in the Guinness World of Records. It was an insult to the injury his policies inflicted on his people. As if it is oblivious of the Nigerian people’s plight, the World Bank says the Tinubu administration should sustain the deadly policies, or stay the course, as it puts it. In 10 to 15 years, the World Bank says, Nigeria will become a big player not just on the continent but on the global stage. This is a pipedream and a dangerous stance on a struggling country and its suffering people. “It is not only unacceptable but inhumane to ask Nigerians to endure 15 more years of suffering in the name of reforms that have historically failed us. Millions of Nigerians can barely afford food, fuel, or basic services today. Asking them to wait for over a decade for ‘things to get better’ is an affront to their dignity and a reckless gamble with the nation’s future,” says ActionAid Nigeria, a non-government organisation focused on rights and development issues. The World Bank does not have a history of caring whether borrower countries sink or swim, provided they keep borrowing, even at forbidding costs. In the late 1980s, under pressure from the IMF, the World Bank’s sister organisation, Nigeria cut subsidies to its manufacturing sector and devalued the naira. The people were told to tighten their belts under a strangulating Structural Adjustment Programme. The result was catastrophic. The manufacturing sector crashed. Textile companies folded up, throwing tens of thousands of employees into the labour market. The country’s gross domestic product tumbled too. Nigeria’s borrowing and debt profile worsened ever since. Reforms are desirable but if they strangulate the people they are meant to serve, they shouldn’t be touched with a ten-foot pole. Curiously, the World Bank does not utter a cautionary word on the stench of corruption that can be smelt from neighbouring countries. The subsidy regime is mired in corruption and opacity. No one knows how much has been saved from its removal, if at all. The World Bank which applauds its removal also said Nigeria was still paying it. Neither does the global lender care how borrowed funds are used. Tinubu has stepped up revenue generation through multiple taxes and sundry charges. But where is the money going? At its founding in 1944, the core aim of the World Bank was to provide loans to help countries build their infrastructure and fight poverty. Decades after receiving billions in loans, Nigeria’s education, health, power, and other sectors remain comatose. The World Bank says more than half of Nigeria’s 233 million people live below the poverty line. Why does the Bank not take concrete steps to ensure that loans granted to Nigeria are used to close this huge poverty gap? Simple answer: it doesn’t care. Loan cash and funds from taxes are wasted on frivolities, presidential aircraft, luxury vehicles for the commander-in-chief and federal lawmakers, and refurbishing living quarters for the vice president. Rather than call the government out on these wastages, the World Bank applauds Tinubu’s reforms that take food off poor Nigerians’ tables. This speaks volumes of its agenda. https://punchng.com/world-banks-deadly-agenda/#google_vignette 1 Like |
Politics / Re: Ondo 2024: We Don’t Need To Rig To Win – Ganduje by Bobloco: 11:27pm On Oct 28 |
Believe this at your peril 10 Likes |
Politics / Re: ‘I Am Not On Your Level’ – Umahi Claps Back At Reps Committee Chair by Bobloco: 9:05pm On Oct 28 |
Abujaexpress: How do you mean |
Politics / Re: Justice Amobeda Defies Federal High Court Chief Judge’s Transfer Order by Bobloco: 8:58pm On Oct 28 |
Politics / Re: ‘I Am Not On Your Level’ – Umahi Claps Back At Reps Committee Chair by Bobloco: 8:09pm On Oct 28 |
SmartyPants: You are irredeemable 1 Like |
Politics / Re: Welcome to Labour Party of Nigeria.... by Bobloco: 6:33pm On Oct 28 |
helinues: Irrespective of where we view it from, we both know that it's a senseless thread |
Politics / Re: Welcome to Labour Party of Nigeria.... by Bobloco: 6:14pm On Oct 28 |
helinues: It's a senseless thread |
Politics / Re: ‘I Am Not On Your Level’ – Umahi Claps Back At Reps Committee Chair by Bobloco: 5:48pm On Oct 28 |
Umahi is a madman. Which level is he even referring to? Oh! He became a governor, senator, and minister. Is Umahi the only one that has attained such a level? And what makes him think that the Rep member won't attain such a level, especially in a country like Nigeria where anyone can become anything? Instead of giving answers to the questions raised by the Rep member about why our federal roads are in a worse state, he is busy engaging in a dick measuring contest. 132 Likes 14 Shares |
Politics / Re: Welcome to Labour Party of Nigeria.... by Bobloco: 5:41pm On Oct 28 |
helinues: Truly it has been said and proven that Tinubu's urchinstons, paid agents and BATerians are the most unreasonable and senseless set of homosapiens to have ever emerge on the surface of the planet earth |
Politics / Re: Do You Agree With GVR About Empty Vessels Leaving Nigeria's Shores? by Bobloco: 5:35pm On Oct 28 |
Nomercie: Truly it has been said and proven that Tinubu's urchinstons, paid agents and BATerians are the most unreasonable and senseless set of homosapiens to have ever emerge on the surface of the planet earth 3 Likes 1 Share |
Politics / Re: VeryDarkMan Files Petition Against Lawmaker Who Assaulted Bolt Driver by Bobloco: 3:26pm On Oct 28 |
1 Like |
Politics / Re: APGA Vows To Discipline Federal Lawmaker For Assaulting Bolt Driver by Bobloco: 3:24pm On Oct 28 |
1 Like |
Politics / Re: Police Arrest House Of Reps Member, Alex Ikwechegh For Slapping Bolt Driver by Bobloco: 3:22pm On Oct 28 |
Onye ocha n'aba really fall hand 88 Likes 2 Shares |
Politics / Re: Presidency Fires Back At Obasanjo Over Claim That Tinubu Has No Plan by Bobloco: 3:19pm On Oct 28 |
Obasanjo is just stating the obvious 2 Likes
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Politics / Re: Bolt Delivery Driver - In Defense Of Hon. Alex Ikwechegh by Bobloco: 2:03pm On Oct 28 |
helinues: |
Politics / Re: Folasade Tinubu-Ojo Appointed Ambassador For Almajiri, Uneducated Children by Bobloco: 11:01am On Oct 28 |
Anither563: 18 Likes 1 Share |
Politics / Re: One Party System Dangerous For Nigeria's Democracy- Wike Warns by Bobloco: 10:49am On Oct 28 |
Politics / Re: How Peter Obi Manipulated Nigeria System To Become Billionaire. by Bobloco: 10:22am On Oct 28 |
odejimioflagos: While Tinubu is a man of unquestionable character na |
Politics / Re: #theheadlines by Bobloco: 9:58am On Oct 28 |
Pbatmedia: Thunder 🔥 Tinubu |
Politics / Re: Tinubu Unaware Of His Nickname T-pain - Presidency by Bobloco: 9:57am On Oct 28 |
But the entire family is aware 1 Like |
Politics / Re: Alex Ikwechegh Slaps Bolt Driver (Video) by Bobloco: 9:25am On Oct 28 |
Onye ocha n'aba don fall hand 1 Like |
Politics / Re: Alex Ikwechegh Slaps Bolt Driver (Video) by Bobloco: 9:23am On Oct 28 |
bet9ja: In VDM's voice, the honourable gon lurrrn |
Politics / Re: Breaking News: The Speech That Got Dr. Uju Sacked! Busy body minister! by Bobloco: 9:11am On Oct 28 |
WeddingParol: You said we should not speculate but ended up speculating 1 Like |
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