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Politics / Re: Customs Officials Tear Gas People At Onike/Yaba Office by Saintinoo(m): 7:45pm On Feb 23
santaclaws:


Don't make fun of anyone. Yorubas, Igbos and Hausas were there... In fact, you don't know if the dead persons were Igbo.

If you throw a stone into the marketplace it might hit your family member. Be careful with your words. Shalom. ✌🏾

I don't care who was there, no be all of us the economy dey bite? Let the fittest survive and later we can all learn our lessons.

5 Likes

Politics / Re: This People, Una Well Done. Una Sabi Pepper Some People by Saintinoo(m): 7:42pm On Feb 23
Chivisee:
see op ehn. this year election reveal the ibos are mere petty losers. from what you wrote above,its obvious you are saying it with tears. have you asked yourself why obi was crying from one media house to another how many times have i read it here how mothers in anambra and abia are selling their kids because of extreme poverty?? should i bring you the evidence. you people are poor biter losers,may you continue to cry till the end of time

Losers? No kid, Igbo's will only wail and cry when we lose our investments, even at that, we will stand and grow another investment, we don't cry because of hunger.

So who is the loser now? People shouting Ebin pawa ooo?
Politics / Re: This People, Una Well Done. Una Sabi Pepper Some People by Saintinoo(m): 7:39pm On Feb 23
adamusuleiman2:
Another wailing thread of people crying more than the bereaved.

Lmao.

Is that all you can do?
Politics / Re: Customs Officials Tear Gas People At Onike/Yaba Office by Saintinoo(m): 7:27pm On Feb 23
santaclaws:
Just witnessing this right now... All because of cheap rice that's not even enough to go round 😒

It is believed that people queuing to buy the N10k rice got frustrated when the queue was too much and some of them pulled down the gate of the Nigerian customs. Still, I don't believe this justifies tear-gassing people, some of which were nursing mothers who came with their infants.


Two people have allegedly lost their lives as per news circulating around the customs office.


Cc: seun nlfpmod mynd44

Hahahaha,I can't stop laughing, just imagine what these people have turned the country to, Nigeria is now a fucking laughing stock.

Hahaha, abeg make I laugh, IDPs in their own homes.

5 Likes

Politics / Re: Sunday Igboho Justifies Hardship Inflicted By Tinubu by Saintinoo(m): 7:17pm On Feb 23
killsmith:
Yorubas have resorted to blaming buhari but they never blame themselves or take responsibility for voting him twice.

You dey mind that tribe? They will only gaslight you if you try to bring it to their faces.
Food / Re: Many Nigerians Can No Longer Afford Beer by Saintinoo(m): 1:02pm On Feb 23
marlow1962:
Very good
I wish the average Nigerian can't afford the basic necessities of life, by then when they step out, they will step out and do something that's right and beneficial to them and everybody, but for now let's keep playing the " my brother" game.

That's what you think, but they will not, they will rather break into hardworking peoples shop to loot, forgetting about the people they voted for, just like they did In Osun during endsars.
Crime / Re: One Feared Killed, Lagos Market Shut Down Over Clash by Saintinoo(m): 12:57pm On Feb 23
UnknownT:
Each time there's a tribal clash in any part of Lagos especially the markets, it's always between Yorubas and Hausas. I have never read that Igbos and their hosts clashed but each time, the Igbos are painted as the troublesome hosts that don't regard their hosts.

The Igbo's are attacking their hosts by building mansions and owning businesses worth billions when there host hardly eat two square meal.

4 Likes

Politics / Re: Q4 2023 Quarter-On-Quarter GDP Growth Rate by Saintinoo(m): 9:38am On Feb 23
Agbegbaorogboye:

NBS is now a lying machine
Very sad

NBS have always been a lying machine, how do you expect a government agency not to support the government.

1 Like

Politics / Re: Q4 2023 Quarter-On-Quarter GDP Growth Rate by Saintinoo(m): 8:27am On Feb 23
Melezenawii:

...

Posted by Statisense on X (Formerly called twitter)

This people are taking the fact that most Nigerians are not knowledgeable in economics to ride on them.

GDP growth is the increase in investment and production in the economy over the time, in the past 6 mo months, companies have been making lose and shutting down, most companies are not producing to capacity again, and every sector of the economy is affected, so how did the GDP grow up to 11% for God sake.
Politics / Re: 12 Members Of The CBN’s Monetary Policy Committee (Full List) by Saintinoo(m): 7:23pm On Feb 22
The CBN monetary policy committee, is the most powerful organ of the CBN. Normally it should have not just professors but professors of monetary economics as members.

Looking at these names and picture, I see not too competent people there, more of a political appointment and I ask, why won't dollar reach 2k.

I stopped worrying about Nigeria, because the country itself is finished.
Politics / Re: 12 Members Of The CBN’s Monetary Policy Committee (Full List) by Saintinoo(m): 7:20pm On Feb 22
Racoon:
What is the usefulness of this committee to the common citizen suffering the untold affliction of the useless government paying them for not making any meaningful impact?

They are in charge of making monetary policies for the CBN, it is the most powerful organ of the CBN. During Obj/Gej time, the Mpc is filled with professors of monetary economics, but the faces I am seeing their are more of politicians.
Business / Re: Dollar Hits ₦1,900; Pound, ₦2,250 by Saintinoo(m): 2:16pm On Feb 22
epainos:

Lol.

Naija has made many think upside down. grin

Is the black market normal? It is found in a bad economy. Black markets are the tools that destroy the economy. For Niaja to be ok again, all black markets must be eradicated.

So, you think the black market is normal and a good thing. grin Perhaps you benefit from them. You see those people benefiting there won't want them eradicated. Those people are the enemies. Many are even there thinking it is normal business. Nope. It is not. The government of Nigeria is just useless.

Instead of finding reasons black markets should be retained, look at the bolded part in your post. I expect you to face the government to solve that bolded part.

Mehn! Nigerians do see shege. They now think black markets are part of life that must exist. grin

There is no economies without a black market,
Travel / Re: Japa: Nigerians Flood Foreign Embassies As Economic Hardship Bites Harder by Saintinoo(m): 7:38pm On Feb 21
Angelfrost:


When people say Hausas are the wealthiest in Nigeria, I wonder at such ridiculousness.

What is the earning capacity of an average Northerner compared to an average Southerner?!!

There are 3 main reasons those people don't Japa like Southerners:

1. Less education and exposure.
2. Religious Extremism and mental slavery
3. Poverty


Let's not twist facts please.


You are ignorant, after the Igbo's, Hausa are the wealthiest. You think is by earning 120k monthly?

1 Like

Business / Re: Dollar Hits ₦1,900; Pound, ₦2,250 by Saintinoo(m): 6:11pm On Feb 21
epainos:


Lol

Economists from hell! The bolded part got me. What kind of transaction you cannot do with banks that only BDC can do? Can you read what the so-called lecturers demanding high pay are saying? grin Mehn!

I believe this lecturer is talking about money laundering. Tell me one BDC that has a bigger capital base than the smallest microfinance banks we have in Nigeria that I need BDC where banks are not capable of handling. Na wa ooo!

Can you see why Nigeria will not get out of this easily? These are the set that will wage war oooo.

Please, if you know the kind of transaction that is justified here, let me know. Cos I am really curious to know what he is talking about.

Why do you buy fuel from black markets sometimes, why don't you patronise the fuel stations at all time, if you answer this question then you already know where the lecturer is coming from but choose to hide the truth, the BDC operators just like large food merchants are existing because of the externalities caused by government created market failures.
Business / Re: Dollar Hits ₦1,900; Pound, ₦2,250 by Saintinoo(m): 6:07pm On Feb 21
PussyOdour:
shocked


Tinubu has really disgrace the self acclaimed sophisticators. Tinubu is the most intelligent and smartest Yoruba man hence the Yoruba presented him to stand election. If Tinubu is the best Yorubas can produce and the most educated Yoruba man, I can only shake my head, because it's now glaring that we were deceived long time ago and we believed that Yoruba tribe is the most educated tribe in Nigeria. That was a huge fallacy.


That man Tinubu is a complete dummy, zero sense in governance.

They Yoruba tribe might be the most paper educated tribe in Nigeria but the most ignorant. The 2023 elections cemented everything. It really showed that their education is really a waste.

Bring Orji Kalu or any crook Igbo politician and see how Ndigbo will rather vote a Hausa man into power.
Business / Re: Dollar Hits ₦1,900; Pound, ₦2,250 by Saintinoo(m): 6:03pm On Feb 21
dettolgel:
It is highly likely that the economy is being sabotage.

My question is who is responsible for this?

Is it possible that the current management of the CBN are still busy printing naira? If yes is city boy aware of this or is city boy printing his own share of the naira and converting it to dollars for further laundry?

Or are the owners of Nigeria behind this with the intention to build good reason to force city boy out of power and return power to the "born to rule"?

At this point it is either that president do not have a clue on what is happening or that he is aware of the situation but unable to do anything about it.

This is very scaring we are in deep shit we might hit Zimbabwe level of inflation and this will pose a huge threat to national unity.

Nobody is sabotaging the economy, was it the saboteur that asked him to float the exchange market and remove subsidy on fuel, education and planned removal of subsidy on electricity?

Economic policies are not things you do in a haste, and without strategy, just as the way a patient die at any mistake a surgeon does is the same way the economy collapse at any policy mistake.
Politics / Re: President Tinubu Appoints Kemi Nana Nandap As Comptroller General Of Immigration by Saintinoo(m): 5:54pm On Feb 21
sokera:
they last chance they gave your Igbo brother Emefele landed us in this economy crisis yet your ppl are blaming Tinubu

So Niger Deltans are now Igbo. I fear who no fear Yoruba people.

2 Likes

Business / Re: PZ Cussons Nigeria Financially Distressed As Liabilities Surpass Assets by Saintinoo(m): 5:44pm On Feb 21
Moyinoluwa35:
Why are igbos happy with the downfall of nigeria

We are not happy with the downfall of Nigeria, no normal human will ever be happy that the country he lives in is having very serious economic and security challenges as it affects everyone. We are thanking God that we have been vindicated, as we do not support failure the way you guys do, from Buhari to Tinubu. And even if we mistakenly vote a failure, we call him out and demand accountability unlike you guys who worship failure.

1 Like

Business / Re: PZ Cussons Nigeria Financially Distressed As Liabilities Surpass Assets by Saintinoo(m): 5:28pm On Feb 21
dre11:
Nigeria is the biggest and most diverse single market of PZ Cussons, which has footprints in North America, Asia-Pacific, Europe and Africa.




https://www.premiumtimesng.com/news/top-news/670199-pz-cussons-nigeria-financially-distressed-as-liabilities-surpass-assets.html

According to some people, they should go so as other indigenous companies can take over. PZ is afraid of competition.

GSK, Sanifo, PZ all gone.
Business / Re: Four Failed Cbn’s Attempts To Arrest Naira Free Fall by Saintinoo(m): 5:22pm On Feb 21
Haha, I remember on every occasion I talk argue against using billions to save the naira from free fall. The truth is that, they are not trying to save the naira, they only approve hundreds of billions which they will loot.

I really laugh at people who still believe in Nigeria, don't give yourself HBP.
Politics / Re: VP Shettima Confirms Interception Of 45 Trucks Moving Maize Out Of Nigeria by Saintinoo(m): 1:25pm On Feb 21
blowjohn:




Did u read where it was said they used smuggling routes?

What does that tell u?


Is that how to export agricultural products?

Rephrase your statement. Did you read where the propaganda report said they followed smuggling route?

I ask again, did they steal the maize?
Food / Re: Food Prices Drop In Kano, Taraba, Kwara, Niger by Saintinoo(m): 1:22pm On Feb 21
Luckysbab:


You're not serious bro. Rest!

You really think everyone on the internet isn't learned about what they say.

There are more than enough warehouses in Mutum Biyu up to Kopi holding hoarded goods. I say it with all certainty.

With all the google map you use, you can't count up to 100 large house of the seize of warehouse in Mutum biyu, I am in Jalingo presently and Jalingo to Mutun biyu is just 1500 naira, come and show me 100 warehouse in Mutun biyu or even Iwarw or Graba chide.

Most of the so called warehouse you are talking about are in Jalingo and Ardo Kola, most trucks you sew carrying grains from Taraba take it to Kano, Sokoto and Katsina.
Politics / Re: VP Shettima Confirms Interception Of 45 Trucks Moving Maize Out Of Nigeria by Saintinoo(m): 6:25am On Feb 21
surgical:
It is very difficult to understand this people,is that not among the reasons the naira was floated to improve export and earn more forex,why make it look like this people are doing the wrong, or are they not operating a free market again, where demand and supply interacts
There is demand for maize outside the boarders for a private product not Petroleum that have government subsidy o.
Nigerians should come to the rescue of this government, they are confused

And there supporter will blindly agree with everything they did, very confused government I tell you. They have asked chicken feeds processing companies to suspend buying of maize so price of maize can come down for now, not knowing that the price of meat and fish will go up soon.

Talk about people who know nothing about governance.

1 Like 1 Share

Politics / Re: VP Shettima Confirms Interception Of 45 Trucks Moving Maize Out Of Nigeria by Saintinoo(m): 6:21am On Feb 21
blowjohn:



Why don't they go and plant the maize, harvest it and sell it in those countries?

Ur question funny O.


I ask again, did they steal the maize? They bought it with their money, went to sell it to another buyer, did they steal the maize?

Worry about your government incompetency, because this is what any serious government does, government buys from farmers during harvest and store, so that merchants do not see any food to hoard, you don't seize or stop trade directly like this. The damage have already been made and these people will find ways to still sell their maize outside Nigeria.

2 Likes

Food / Re: Food Prices Drop In Kano, Taraba, Kwara, Niger by Saintinoo(m): 6:17am On Feb 21
[quote author=Luckysbab post=128561815]

You mean Mutum Biyu is in Kano?

You see your problem? Come and show me the over 100 warehouse in Mutum biyu, you stay in west and listen to propaganda from your west newspaper, if you remove one hundred houses from mutum biyu, that small village becomes a desert, so where is the hundred warehouses located.
Politics / Re: VP Shettima Confirms Interception Of 45 Trucks Moving Maize Out Of Nigeria by Saintinoo(m): 7:51pm On Feb 20
Ibrahimcoomasie:


https://dailypost.ng/2024/02/20/shettima-confirms-interception-of-45-trucks-moving-maize-out-of-nigeria/

I don't understanding, did they steal the maize? Is just like asking someone not to move his wares outside Nigeria to sell. Just imagine this useless people.

6 Likes

Politics / Re: FG Threatens To Open Border For Cement Importation by Saintinoo(m): 6:27pm On Feb 20
Paraman:
Don't just open it for cement importation, also allow rice, beans, tomato, wheat etc to be imported

And you think opening the border will reduce the price?
Food / Re: Food Prices Drop In Kano, Taraba, Kwara, Niger by Saintinoo(m): 2:37pm On Feb 20
Luckysbab:


Is it not the same Taraba where hundreds of warehouses are locked up, hoarding various food items? Is that blame also in the government?

Let them introduce whistleblower policy and see how things turn around.

Which warehouse in Taraba did you see hundreds of warehouse locked up with grains? You are mistaken Kano with Taraba, and hoarding of food though being an economic crime, should be blamed on the government for allowing merchants do the hoarding, if our government are really serious with governance, merchants will not see food to hoard because government would have bought it all.
Food / Re: Food Prices Drop In Kano, Taraba, Kwara, Niger by Saintinoo(m): 8:58am On Feb 20
This drop in price of Maize and soybeans is as a result of temporary suspension of purchase by companies. This was the agreement with the government, soon the prices will still go up.

In all this price of rice keeps going up. In case you doubt me, I am in Taraba and the price of rice is out of this world.

4 Likes

Politics / Re: No Third World Country Can Float It Currency With US Dollars And Survive. by Saintinoo(m): 7:35pm On Feb 18
Bullfallo:
No 3rd world country or developing country can float it currency with pounds, euro and USD and survive it.

Not even the Russia rubbles or any asian country for that matter.

The USD is the world favorite currency it has a value and appreciate even if they don’t export anything from the US.

When he was making noise about floating the naira, i heavily criticized the decision but some APC supporters who know nothing about economics defended him.

You can't float a currency against the dollar when you run a mono economy. It is very simple, your currency will fight with the dollar at the international market, and will only gain value if you do not seek much of dollar, imagine using dollar to import fuel, which almost every sector of the economy use, that indicates that more dollar will be sort, nor to talk of other household items we buy with dollar.

Tinubu is paying subsidy bigger than previous administration even when Nigerians are buying the same fuel 4 times the previous price.
Politics / Re: Are You Still Batified? by Saintinoo(m): 7:14pm On Feb 18
adamusuleiman2:
Yes. That's the beauty of democratic choices. He has till 2027 then I will switch to Atiku if he fails.

You see, that is the problem, you believe that these old criminals are the only people who should govern the country.

Why not another young intelligent Northerner with the heart to work for the people, why not a call for constitution review and review of Nigeria corrupt structure which have kept the entire country underdeveloped and poor. Why most it be those crooks.

3 Likes 1 Share

Politics / Re: Top 10 States With The Best Infrastructure In Nigeria (statisense) by Saintinoo(m): 4:36pm On Feb 18
AlexBells:

Yes, Lagos consume more electricity than any other state in Nigeria, consumption is more important than availability in terms of industry, if you are talking about startup yes there more opportunities in less developed areas. Just moribund infrastructures like Ajeokuta steel

Take the seaport out of Lagos, our rather, let other states have seaports and you will see how manufacturing companies will troop out of Lagos.

Data has it that must multinationals in FCMG are abandoning Lagos for Kano, because of the ease of doing business in Kano compared to Lagos.

4 Likes 1 Share

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