Gajagojo:


What exactly do you mean by money laundering?
Government spending is. THE BIGGEST PROBLEM

not sure where you took get these ideas
Over 20 trillion ways and means enter the market without backing and that is not a problem

Government is the largest borrower in the economy not industry.
The money supply has grown to unprecedented level thanks to government spending.
That is the number one problem and legacy of Buhari
Now government has created a situation where interest rates must be close ton30% very soon
How can any business thrive in such a situation?

I was saying borrowing in it self isn’t where the problem was but what happened to those money? Atleast when you borrow money and the infrastructure improve, you can improve economic activities and thereby be able to get things working. But where are the investments?
Looted and having no trace.

Sangoamadioha1:
Now that is opposition. Atiku try for this one, not like that one that just whips up sentiments with useless mantra like 'consumption economy to production economy 😏

Market women in Ogun and Ekiti are dying of hunger . You people are now answerable to Fulanis . A finished man .

ezegenigbonine:


The Igbos that you guys hate with passion are the ones that will repair this country "mark my word". Time will come when you Hausas and Yorubas will run at the mention of the presidential sit after destroying the country.

Look for your type to tell that one. I am a Nigerian. I am Igbo, Yoruba and Hausa so your tribalism can't work on me.

onatisi:
atiku has been presenting credible economic plans for the nation for the past 15 years, but the fake stories obj peddled about him won't even allow people to hear him out or listen to him,
when he made mention of selling the refineries, many people APC started shouting that Atiku is a thief, balabu. Now Tinubu has spent about 3b repairing the refineries and they are still not working, now fg is contemplating selling the refineries, what a waste of public funds.

Hmmm like seriously am part of them by saying atiku is a dis and that for selling the refinery but now I can see the reason the decision would have been the best to sell it rather than spending funds on what won't told any positive outcome 😢

obj sold the refineries to Dangote and Otedola before leaving office, because of public outcry and this same APC propaganda against PDP goverments, they were able to make people believe that the move was borne out of selfish decisions, yar adua had to reverse the decision and stop the sale . now 20 years after that decision , those refineries are still not working , and they will never function well under government ownership.
and now Tinubu has allocated over 3 billion naira spending three billion to repair them and it is certainly not going to work because of fx fluctuations, buhari alone spent 19biilion naira on those refineries, not to mention the money previous governments have been spending on them.

https://dailypost.ng/2023/06/09/buhari-spent-19bn-on-refineries-none-operational-gov-sule/

this was what informed Atiku decision that they should be sold, he was merely following obj leading. those refineries are politicians dollar ATM schemes.
the same subsidy removal this same tinubu and his APC members stood against and mobilized Nigerians against in 2012 , and which would have saved Nigeria TRILLIONS OF NAIRA AND MOST LIKELY EVEN DOLLARS, is the same they are now doing 12 years after told Nigerians it was all a lie. they knew goodluck was right to remove it but because it caught the unaware and most of them are fuel importers they stood against it . if that policy had been allowed to stay we would have gone pass the level we are now in terms of fx rates , fuel supply and even operational refineries

Kingrshd3:


Hmmm like seriously am part of them by saying atiku is a dis and that for selling the refinery but now I can see the reason the decision would have been the best to sell it rather than spending funds on what won't told any positive outcome 😢

GeneralDae:

So why is the price of diesel 1300 and the price of PMS 600?

what should the pricesbe?

Sangoamadioha1:




Look for your type to tell that one. I am a Nigerian. I am Igbo, Yoruba and Hausa so your tribalism can't work on me.

Congratulation

onatisi:
obj sold the refineries to Dangote and Otedola before leaving office, because of public outcry and this same APC propaganda against PDP goverments, they were able to make people believe that the move was borne out of selfish decisions, yar adua had to reverse the decision and stop the sale . now 20 years after that decision , those refineries are still not working , and they will never function well under government ownership.
and now Tinubu has allocated over 3 billion naira spending three billion to repair them and it is certainly not going to work because of fx fluctuations, buhari alone spent 19biilion naira on those refineries, not to mention the money previous governments have been spending on them.

https://dailypost.ng/2023/06/09/buhari-spent-19bn-on-refineries-none-operational-gov-sule/

this was what informed Atiku decision that they should be sold, he was merely following obj leading. those refineries are politicians dollar ATM schemes.
the same subsidy removal this same tinubu and his APC members stood against and mobilized Nigerians against in 2012 , and which would have saved Nigeria TRILLIONS OF NAIRA AND MOST LIKELY EVEN DOLLARS, is the same they are now doing 12 years after told Nigerians it was all a lie. they knew goodluck was right to remove it but because it caught the unaware and most of them are fuel importers they stood against it . if that policy had been allowed to stay we would have gone pass the level we are now in terms of fx rates , fuel supply and even operational refineries

May God bless you 100% u really understood the game from the Genesis I to revelation..
I'd they have allowed Jonathan to remove it then ehn by today highest per told wouldn't have been more than 300 because everything and economy worldwide was still very ok and fair..

But economy of today world wide is something else which is indirectly affecting our dear country and yet this same Tinubu that kicked against subsidy during Jonathan and protested now remove this same subsidy in his own time 😢😢

We have the stupid and clueless leaders in Nigeria.

But why can't we change constitution that if you loose in a particular party u can't decamp to join another party 🤔.

.because same set of groups and people have been rulling this dear nation from 1983 😢😭

Who will cure Nigerian leaders of this malady 😡

Can't we bring them together and act like Ghana to burn or bomb them in a room so new set can come in??

ezegenigbonine:


What of your electronics gadgets, like that phone you are using? Is it already in nigeria

hmm....their was a company in nigeria that was makin phones years ago....

but nigerians didnt patronize it....
how long do you think companies like innoson will last if we continue hatin anything we do ourselves....??

My thoughts exactly

Atiku even understands the Nigeria economy than Tinubu.
I was wondering why tinubu rushed with the whole thing arrogantly with out minding .

Agbegbaorogboye:
Interesting take
But Tinubu's govt have actually shifted to managed float. They are just not saying it.
I said it before the election that if not for trust Issue and ethnic bigotry of it's the south's turn, Atiku had the best manifesto of the contestants in the last elections.
But politics is more about sentiments and not logic or best man winning

Shifted to managed float?

How much is the official rate today?
And how much is the parallel market rate?

Procashtips:


Shifted to managed float?

How much is the official rate today?
And how much is the parallel market rate?

I dunno oo

Thiefņubuuu
.

omohayek:

There was never any doubt in my mind that Atiku's plans were objectively the best of the three - he understands clearly that the Nigerian economy needs to be massively deregulated - but the question (at least as far as I was concerned) was the extent to which Atiku could be trusted to carry out his program in a fair and transparent manner, given his long record of using power to tilt deals in his own favor. That so many people harbored similar doubts as I did is no one's fault but Atiku's own, and Obasanjo's criticism of him wouldn't have stuck if there were no substance to the accusations.

In any case, Atiku's latest effort was doomed once Peter Obi announced his vanity candidacy using the LP as his latest vehicle of self-advancement, thereby taking 90% of the Igbo vote with him. Obi might as well have handed Tinubu the election on a platter, by dividing the anti-APC opposition.

Circling back to Atiku's latest statements, while I give him credit for actually making concrete proposals that can be scrutinised (unlike Obi, who sticks to worthless platitudes), the idea that Tinubu ever had the option of a managed float is pure fantasy, given how low the foreign reserves were (and still are), and how much of the FG's income was already going to debt service. Where exactly would the money to "manage" the float have come from?

The harsh reality is that any winner of the 2023 election would have been forced to make the same decisions at a similarly rapid rate, as the money simply wasn't there to keep going in the same old way. The only alternative to doing so would have been to print money at an even faster rate than Tinubu is currently doing, which would have led to inflation so high that a "mere" 30% annual rate would have seemed something to envy. The frustrating there here is that Atiku understands this quite well, but is happy to peddle lies to curry popularity with the masses. It's such dishonesty that makes it so hard for me to trust any promises Atiku makes.

You need to understand politics separately from administration/governance.

If you want the person with the best governance plan to be in office then you play politics accordingly to achieve YOUR goal.

In this regard, how did your threads below help or hinder the person with the best administrative/governance plan to be in office?

https://www.nairaland.com/5001688/reuters-nigerian-candidates-u.s-visit

https://www.nairaland.com/7873126/no-evidence-nigerias-president-forged

anonimi:


You need to understand politics separately from administration/governance.

If you want the person with the best governance plan to be in office then you play politics accordingly to achieve YOUR goal.

In this regard, how did your threads below help or hinder the person with the best administrative/governance plan to be in office?

https://www.nairaland.com/5001688/reuters-nigerian-candidates-u.s-visit

https://www.nairaland.com/7873126/no-evidence-nigerias-president-forged

The difference between you and I is that I understand that the means by which you strive for a goal matters just as much as the ends. There was no way in hell I was going to support any candidates whose supporters routinely resorted to brazen slander and character assassination, especially when their attacks had a clear tribalistic slant.

Whatever Tinubu's failings, it is simply a disgusting lie to call him a drug trafficker or accuse him of having forged his certificate, and if those who opposed him had wanted to be taken seriously by thinking people instead of appealing to the low-IQ section of the populace, they would have been better off sticking to factual arguments and discussing policy proposals, just as I'd suggested from the start. Instead they preferred to spew lie after lie, only to have the nerve to feign shock when some of us reacted with utter disgust.

It would be the height of folly to trust a candidate whose movement is founded on tribal supremacy, smears and religious jingoism, running from church to church while endorsing nonsense about the perils of a "Muslim-Muslim" ticket - especially when said candidate had no track record of showing superior intellect or administrative ability, and an even worse record of corruption than Tinubu. My position throughout this last election was not really in favor of Tinubu but against Peter Obi, who represents everything I despise most in Nigerian politics, and who I am %100 certain would be doing far worse than Tinubu currently is, supposing by some miracle Obi's vanity candidacy had managed to succeed.

omohayek:
The difference between you and I is that I understand that the means by which you strive for a goal matters just as much as the ends. There was no way in hell I was going to support any candidates whose supporters routinely resorted to brazen slander and character assassination, especially when their attacks had a clear tribalistic slant.

Whatever Tinubu's failings, it is simply a disgusting lie to call him a drug trafficker or accuse him of having forged his certificate, and if those who opposed him had wanted to be taken seriously by thinking people instead of appealing to the low-IQ section of the populace, they would have been better off sticking to factual arguments and discussing policy proposals, just as I'd suggested from the start. Instead they preferred to spew lie after lie, only to have the nerve to feign shock when some of us reacted without utter disgust.

It would be the height of folly to trust a candidate whose movement is founded on tribal supremacy, smears and religious jingoism, running from church to church while endorsing nonsense about the perils of a "Muslim-Muslim" ticket - especially when said candidate had no track record of showing superior intellect or administrative ability, and an even worse record of corruption than Tinubu. My position throughout this last election was not really in favor of Tinubu but against Peter Obi, who represents everything I despise most in Nigerian politics, and who I am %100 certain would be doing far worse than Tinubu currently is, supposing by some miracle Obi's vanity candidacy had managed to succeed.

Do you think it is possible that Tinubu and his supporters floated those stories as bones for dogs to avoid any policy discussion since he is clueless on that

omohayek:
The difference between you and I is that I understand that the means by which you strive for a goal matters just as much as the ends. There was no way in hell I was going to support any candidates whose supporters routinely resorted to brazen slander and character assassination, especially when their attacks had a clear tribalistic slant.

Whatever Tinubu's failings, it is simply a disgusting lie to call him a drug trafficker or accuse him of having forged his certificate, and if those who opposed him had wanted to be taken seriously by thinking people instead of appealing to the low-IQ section of the populace, they would have been better off sticking to factual arguments and discussing policy proposals, just as I'd suggested from the start. Instead they preferred to spew lie after lie, only to have the nerve to feign shock when some of us reacted without utter disgust.

It would be the height of folly to trust a candidate whose movement is founded on tribal supremacy, smears and religious jingoism, running from church to church while endorsing nonsense about the perils of a "Muslim-Muslim" ticket - especially when said candidate had no track record of showing superior intellect or administrative ability, and an even worse record of corruption than Tinubu. My position throughout this last election was not really in favor of Tinubu but against Peter Obi, who represents everything I despise most in Nigerian politics, and who I am %100 certain would be doing far worse than Tinubu currently is, supposing by some miracle Obi's vanity candidacy had managed to succeed.

My concern is that you said Atiku was the best policy wise but created those two threads to undermine his political chance of getting into office to act on those policy issues on which he has been consistent in words and actions when he was given half an opportunity as Obasanjo's VP.

anonimi:


My concern is that you said Atiku was the best policy wise but created those two threads to undermine his political chance of getting into office to act on those policy issues on which he has been consistent in words and actions when he was given half an opportunity as Obasanjo's VP.

Maybe your eyes glazed over where I said that I couldn't trust Atiku's promises due to his record of abusing power for the sake of self-enrichment? You seem to think I had some sort of duty to promote someone who had repeatedly shown himself untrustworthy by compounding his illegal creation of Intels while in office with the Jennifer Douglas scandal in the USA, and then made things worse by taking back his initial words on Deborah Samuels and talking on TV about "enriching his friends". Newsflash: there is more to supporting a candidate than a manifesto, however attractive. Character matters too, and promises are worthless if those making the promises can't be trusted to keep them.

omohayek:
Maybe your eyes glazed over where I said that I couldn't trust Atiku's promises due to his record of abusing power for the sake of self-enrichment? You seem to think I had some sort of duty to promote someone who had repeatedly shown himself untrustworthy by compounding his illegal creation of Intels while in office with the Jennifer Douglas scandal in the USA, and then made things worse by taking back his initial words on Deborah Samuels and talking on TV about "enriching his friends". Newsflash: there is more to supporting a candidate than a manifesto, however attractive. Character matters too, and promises are worthless if those making the promises can't be trusted to keep them.

That is why I said you need to understand politics better.

The election was between Tinubu and Atiku, with Peter Obi as a spoiler to help Tinubu.
The politics was to ask whether Tinubu was OVERALL a better choice than Atiku, taking into consideration each candidate's negatives, then work accordingly.

I hope we understand each other better now.

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