Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,209,125 members, 8,005,018 topics. Date: Sunday, 17 November 2024 at 12:45 PM

Ghana Protests Over Inflation - Foreign Affairs (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ghana Protests Over Inflation (41028 Views)

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)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)

Re: Ghana Protests Over Inflation by JudasNaKarrot: 3:02pm On Jul 05, 2022
Bridget95:
Thumps up bro,your write up is educating unlike some fools on this forum who write ethno- religious bigoted stuff here
Are you sure that write up that is filled with bigoted and hateful thoughts. You all are same. BMC, now another BMC. What is in your skull please, because I don't understand why you want an 87 year old man, sick and tired to lead this country...

Truly, the youths are the problems of this country, not the old politicians.
Re: Ghana Protests Over Inflation by Deepocean(m): 3:02pm On Jul 05, 2022
There's no special economic reformation that Nigeria need than to remove corruption from the system, lessen importation and increase the exportation.

Build at least three 21st century refineries and invest heavily in agriculture and make power stable.

2 Likes

Re: Ghana Protests Over Inflation by Tianamen1: 3:03pm On Jul 05, 2022
If Buhari had removed subsidies, Nigeria would be facing the same issues as Ghana.

I am not being pro Buhari. I am only stating facts

2 Likes 1 Share

Re: Ghana Protests Over Inflation by jimetagambo: 3:03pm On Jul 05, 2022
damwaves:
Something that we are used to here in Nigeria.
Inflation rate in Ghana is currently at 27%. Nigeria is around 17%. We are not far behind cheesy

1 Like 1 Share

Re: Ghana Protests Over Inflation by dangoteinlaw: 3:04pm 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
give Lagos alone 6hours of daily power supply alone and bet you won't recognize Lagos in a decades time.

3 Likes 1 Share

Re: Ghana Protests Over Inflation by beylinko02: 3:05pm 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.


� Bravo story teller. How much were you and your political strategist paid to write all this trash.

1 Like 1 Share

Re: Ghana Protests Over Inflation by Idaytesj29(m): 3:05pm On Jul 05, 2022
Join the Pi revolution before its too late.
Download the Pi app and start mining.
Use this Invitation code:
cowrycoins
Re: Ghana Protests Over Inflation by IgOga(m): 3:07pm On Jul 05, 2022
jimetagambo:

How convenient to leave out what triggered the war. Russia's being the aggressor that invaded/bullied a smaller country. Well, that country being bullied is one of the food basket of the world.

The hunger wey go wire Africa is still doing press up. African leaders will get sense by force.

It was simply about history and security. Ukraine has been neighbors with Russia for about 30 years....no problems..infact Russia was paying Ukraine $2 billion to use Crimea....This started when Russia told Zelensky that Ukraine in NATO will be a security issue for them please don't join was the request..but the comedian said I will join. US intelligence warned Ukraine of imminent war...Zelensky said US was causing panic there is no war...war started he prevented men from leaving giving them guns in an artillery battle.....He is killing his people and I think the Russians are pushing Ukraine to a point where the people will rise against Zelensky.
Re: Ghana Protests Over Inflation by jimetagambo: 3:11pm On Jul 05, 2022
IgOga:


It was simply about history and security. Ukraine has been neighbors with Russia for about 30 years....no problems..infact Russia was paying Ukraine $2 billion to use Crimea....This started when Russia told Zelensky that Ukraine in NATO will be a security issue for them please don't join was the request..but the comedian said I will join. US intelligence warned Ukraine of imminent war...Zelensky said US was causing panic there is no war...war started he prevented men from leaving giving them guns in an artillery battle.....He is killing his people and I think the Russians are pushing Ukraine to a point where the people will rise against Zelensky.
Zekensky has said he won't join NATO any longer as far back as March, but Putin has refused to pull out his troops. Why is Putin not withdrawing?

Even African leaders are pleading and begging him to end his blockade of Ukrainian food export but he won't listen. He is hell bent on destroying a country because it's leader (just one man) goofed.

2 Likes 1 Share

Re: Ghana Protests Over Inflation by dangoteinlaw: 3:12pm On Jul 05, 2022
Nukilia:


grin you are not far from the truth. Anambra should've been a model for Nigeria but ...
not even in 20years time. Anambra is a shithole, building a couple hipped roof building isn't gonna do anything.
Re: Ghana Protests Over Inflation by Kaiser20: 3:12pm On Jul 05, 2022
8stargeneral:
And many of Nigeria youths are in Ghana feeling like they are in Europe
The feeling is for a season, now the wind of change don blow we don see Ghana yansch.
But at least Ghanaians have realized that they are in deep shirt, while Nigerians keep voting for the same leaders like Buhari and APC and the suffering continues.

1 Like 1 Share

Re: Ghana Protests Over Inflation by kofimoses: 3:12pm On Jul 05, 2022
Yes ooo. My people always demand for the very best of leadership. Much better than the docility of nigerians.

1 Like

Re: Ghana Protests Over Inflation by SeaTrade(m): 3:13pm On Jul 05, 2022
kumulus:



Tinubu thinks differently, he wants to widen the tax net.
Widening the tax net is different from increasing taxes and is actually better.Ghana did the latter.
Just so you know.
Re: Ghana Protests Over Inflation by AwaLokan: 3:14pm On Jul 05, 2022
Jack005:
Nigeria is doing bad my friend. Why compare Nigeria to Ghana in the first place? Ghana does not have what Nigeria has at all

The population of Nigeria is 7 times more than the population of Ghana yet Ghana is doing so so badly.

It is not about what you have or don't have.its about who is managing what you have.

Thank God for Buhari for coming when he did and thank God for Asiwaju Bola Ahmed Tinubu who will pick up the Baton after him.

Nigeria remains the giant of Africa
Re: Ghana Protests Over Inflation by Nobody: 3:15pm On Jul 05, 2022
JudasNaKarrot:
Are you sure that write up that is filled with bigoted and hateful thoughts. You all are same. BMC, now another BMC. What is in your skull please, because I don't understand why you want an 87 year old man, sick and tired to lead this country...

Truly, the youths are the problems of this country, not the old politicians.

Leave him, we will all be eating Cassava, Corn and Garri together when Tinubu becomes president. No one will escape from the suffering. 50 Million of us will be drafted into the Army and killed in Boko Haram fights while being served corn, we will all die together.

Anybody that says his mother will not sleep, himself no go sleep.
Re: Ghana Protests Over Inflation by Iceberg3: 3:16pm On Jul 05, 2022
Good country....unlike a certain people who are only good at shouting "up NEPA" for decades grin
Re: Ghana Protests Over Inflation by Elidrisy20: 3:16pm On Jul 05, 2022
jimetagambo:

It's not much of the technology but money. Farm Technology can be easily transferred because it's not high tech. Africa needs machinery and farm equipment like lowers, tillers, and combines but they are very expensive. Politicians would rather loot than to invest in machinery.
that is why I'm going back to farming, just to feed myself
Re: Ghana Protests Over Inflation by AngelicBeing: 3:17pm 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.
Gbamsulotely grin
Re: Ghana Protests Over Inflation by jimetagambo: 3:17pm On Jul 05, 2022
Elidrisy20:
that is why I'm going back to farming, just to feed myself
Not a bad idea at all. Feeding takes a huge chunk of one's income. If one can subsidize it in any way, it would go a long way in freeing funds for other obligations.
Re: Ghana Protests Over Inflation by TheZeezle(m): 3:18pm 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.



Araadugbo! Tuntun to de oo... wtmg
Re: Ghana Protests Over Inflation by GeneralDae: 3:18pm On Jul 05, 2022
kumulus:



Tinubu thinks differently, he wants to widen the tax net.
We actually have to widen the tax net.
Re: Ghana Protests Over Inflation by SlavaUkraini: 3:18pm On Jul 05, 2022
FreeStuffsNG:



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.

Great article and it sounds like you have lived in Ghana before...

But when you said Nigeria is far far better than Ghana, please be specific because it is not in every area.

24 hours 7 days a week Power supply is normal in Ghana even in the villages but the same cannot be said about Naija.

ASUU Strike in Nigeria has been going on for a long while now but you hardly see or hear about such Prolonged Strike actions in tertiary institutions in Ghana.

I believe that there a lot of things Nigeria would need to learn from Ghana especially in the area of Constant Power supply.

Many Nigerians are bearing the high cost of living in Ghana because they are enjoying steady power supply.

They don't want to come back home and experience darkness again because anyone that has tasted light would never like to embrace darkness.

4 Likes 1 Share

Re: Ghana Protests Over Inflation by Golan007: 3:22pm On Jul 05, 2022
But una wan kill Buhari.

You see am?
Re: Ghana Protests Over Inflation by Ishilove: 3:22pm On Jul 05, 2022
Ghanaians are now emigrating in droves, with Nigeria, the regional economic powerhouse, a favoured destination for many of them.
Nigeria ke? How come?
Re: Ghana Protests Over Inflation by jimetagambo: 3:23pm On Jul 05, 2022
SlavaUkraini:


Great article and it sounds like you have lived in Ghana before...

But when you said Nigeria is far far better than Ghana, please be specific because it is not in every area.

24 hours 7 days a week Power supply is normal in Ghana even in the villages but the same cannot be said about Naija.

ASUU Strike in Nigeria has been going on for a long while now but you hardly see or hear about such Prolonged Strike actions in tertiary institutions in Ghana.

I believe that there a lot of things Nigeria would need to learn from Ghana especially in the area of Constant Power supply.

Many Nigerians are bearing the high cost of living in Ghana because they are enjoying steady power supply.

They don't want to come back home and experience darkness again because anyone that has tasted light would never like to embrace darkness.
I don't know what security is like in Ghana these days, but when I visited the country in 2013, security was very good. I noticed most homes just had a waist high fence. I also saw alot of expatriates driving themselves around Accra without any security escort or body guard.

1 Like 1 Share

Re: Ghana Protests Over Inflation by Zulu2022: 3:25pm On Jul 05, 2022
IgOga:


It was simply about history and security. Ukraine has been neighbors with Russia for about 30 years....no problems..infact Russia was paying Ukraine $2 billion to use Crimea....This started when Russia told Zelensky that Ukraine in NATO will be a security issue for them please don't join was the request..but the comedian said I will join. US intelligence warned Ukraine of imminent war...Zelensky said US was causing panic there is no war...war started he prevented men from leaving giving them guns in an artillery battle.....He is killing his people and I think the Russians are pushing Ukraine to a point where the people will rise against Zelensky.
Russia gives out 2billo free not even loan,oooh nairaland
Re: Ghana Protests Over Inflation by zoedew: 3:25pm 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.
Ghanaians are welcome in Nigeria. The last time they were here in droves n the ‘80s I had good, committed, self-driven and motivated teachers, University lecturers, drivers, shoeshiners, professionals and friends amongst them. They brought us their cuisines a la Kenke, Dokunnu, Foofoo with Groundnut soup! Nigerians have much more to learn from Ghanaians that we lack.

2 Likes 1 Share

Re: Ghana Protests Over Inflation by dangoteinlaw: 3:25pm On Jul 05, 2022
DrAkpamudehe:


Pls shut up. I am from Anambra. Peter Obi is simply overrated. Obiano even performed better than him in transforming Anambra state
I was pained that a better candidate couldn't come out against atiku and tinubu. I hate those two with passion because they both are cooperate devil's but Peter obi is not even an option at all. The man failed woefully, every little development in anambra was from Lagos made wealth. I'm into building I know how many Designs I ve sent from here down to anambra, your ppl even carry buildera from here along to do the project.

1 Like

Re: Ghana Protests Over Inflation by Yusman316(m): 3:27pm On Jul 05, 2022
Quintopia:


Exactly. The initial money they offer you is simply bait, like the one you set for fish.
You asked someone to lend you money. You decided to misuse the money, then turn around and blame the person for lending you the money you asked for?

1 Like

Re: Ghana Protests Over Inflation by Rexymania(m): 3:27pm On Jul 05, 2022
The world is bleeding mhen
Re: Ghana Protests Over Inflation by kingthreat(m): 3:28pm On Jul 05, 2022
8stargeneral:
yes..but most of those African country's don't HV half of resources Nigeria HV.

Population of Ghana - 31.07 Million
Population of Nigeria - 206.1 million

Believe me, Nigeria is the most challenging African nation to actually manage. The present clown in charge no send anybody.

3 Likes 1 Share

Re: Ghana Protests Over Inflation by Zulu2022: 3:28pm On Jul 05, 2022
If our politicians utilize money getting from oil sells, we won't experience dis,more industry to stop importation, agriculture nd much... country way get good road nd power de complain with us

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)

Trump Administration Begins Formal Withdrawal From World Health Organisation / How China Helped Remove Robert Mugabe, ‘Dozing Despot’ / Jammeh Of Gambia Speaks With Liberia President On Phone, Pleads On His Case

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 89
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.