MansoryMX:


Money becomes worthless if too much is printed. If the Money Supply increases faster than real output then, ceteris paribus, inflation will occur. If you print more money, the amount of goods doesn't change. ... If there is more money chasing the same amount of goods, firms will just put up prices. A case study is Venezuela, a country in South America. Trust me, you don’t want to experience or live in a country suffering from Hyper-inflation. You will buy an ordinary toothpick for 60,000 naira and a bathroom slippers for 3 million naira or more.

Adakintroy2:


What cure? Men are praying. That's my point and if no cure comes in months and the death toll rise you too will join. Now my question Is why are they praying to God if there is no God?

Think before you talk.

haryomikun:

Did 'men' say there's no God? Most people already believe in God so even if a lot of people are praying, it doesn't make any difference because chances are a high number of them already believe.

China is a country with 90% of it's people atheist. Did you see them praying before Covid-19 was curbed in their country?

Reason before you talk. It isn't hard

Islie:

https://m.guardian.ng/news/oil-price-fall-fg-moves-to-use-pension-fund-on-infrastructure-aliero/

sulaak:




The West doesn't want Africans, it time for Nigerian to take back their country.

OChimex:
Watch how This 9trn will disappear in just a year and still yet no infrastructure to show for it.

Soulless Rogues......


Why not cut the cost of running this govt and divert the savings into the said audio infrastructure, instead of tampering with the fund meant for the poor old pensioners ?


Good morning a few good Nigerians. Word of advice, if you don't want to lose your sanity because of the insane thievery in govt and bastardization and raping of the country relocate and start a family somewhere else, because the way things look, Nigeria is irredeemable .

DabuIIIT:


Lotsa folks wanna relocate,get out of this bloody place but it ain't easy.. relocation requires good money. I'm even thinking of just moving first to a neighbouring country,just to get of this rotten system and agberoe,aboklii run country

RapistOnBail:


I recommend the government to cut down salaries of all Civil servants. After which they go for the corpers Allowee. Corpers are useless.

sulaak:
This is what happens when a government places self-interest above national interest.

The majority of Nigeria's FX is wasted on importing fuel, iron, steel, Bitumen, and food. Any simple government can easily repair the refineries, fix the steel plant, develop the Bitumen deposit and increase food production instead of wasting valuable FX paying inflated contracts to the middle east and Chinese expertise and import, but for whatever reason the Nigerian elites preference is self-interest at the expense of national interest.

Nigeria elites will continue exploiting the country, first oil when that runs out, pension and national assets and finally back to selling slaves. We need to take the country back before it's too late.

Raalsalghul:


I'm telling you bro: I don even dey reason Togo/Benin Republic.

DabuIIIT:


I was in those two places and Gabon and DRC last year,no blackout,no noise and sound pollution from generators,no bad roads,no agberoes,no touts....

Raalsalghul:


You can imagine; one of my back up plans is to setup a business in those saner African countries.

nuti:
Hope its federal pension savings they are referring to and not private citizens savings because if they try it, Nigeria will scatter

OChimex:
Watch how This 9trn will disappear in just a year and still yet no infrastructure to show for it.

Soulless Rogues......


Why not cut the cost of running this govt and divert the savings into the said audio infrastructure, instead of tampering with the fund meant for the poor old pensioners ?


Good morning a few good Nigerians. Word of advice, if you don't want to lose your sanity because of the insane thievery in govt and bastardization and raping of the country relocate and start a family somewhere else, because the way things look, Nigeria is irredeemable .

Lostz:
lol. no more oil money they want to steal pension funds.

foolish government who think you develop a nation by prioritizing physical infrastructures, ignoring the human infrastructures

jaxxy:
What is wrong with this government?

They just don’t know the Abc and 123 of how the economy works??

emror4u:
Basta.rds,

this people are just hopeless and clueless.

Why do we have a government that cannot save funds for emergency like this,

imagine dipping hands in people's sweat.

Cut the cost of government,

some of these useless senators have never proposed a bill,

all they do is sleep and at the end of the day, they go home with fat cheques.

Apple this to other sectors.
Work on providing 24/7 light/energy, security, good road network they won't hear,

just playing politics with everything.

LordAdam16:
Okay guys, our political class are vermin.

After squandering our

oil&gas revenue, taxes, foreign aid, recovered monies, foreign & domestic loans, reserves, and more. They've aimed their corruption RPG at money the average Nigerian had socked away for retirement. Literally nothing is beyond them!

Buhari, there is no money in our pension coffers for you. If the money you and your band of 40 thieves have been siphoning away is not enough: Manage... Like the rest of us.

Anytime dem jor hear say e get where dem gather small money, na just to squander! Very hopeless set of human beings.

-Lord

awa:
Irresponsible Govt

Cromagnon:
yeah they do
monkey works
baboon chops
yua the ignorant one

Cromagnon:

why
den get hope and clue boku
billions of hope and clue


cos you have an indolent citizenry

why imagine
its happening live bfor ur eyes

cut it na
shebi iswith mout they cut things

who bill epp

smart guys

why

why not
200million
maga must pay o

emror4u:
You sha get time

jaxxy:


I'm talking about leadership for development that will outlive them ur talking about personal accumulation of corrupt wealth that has no impact, relivance or guarantee to last.

Cromagnon:
theyve developed their family
you develop yours
when everyone develops the nation develops
but no man not even you will ever develop another man unless he is your blood