NewStats: 3,263,945 , 8,182,003 topics. Date: Sunday, 08 June 2025 at 10:05 PM 5s3f8

Mbanda:
What is tinubu doing in his own part? Don't you think he supposed to create an enabling environment he promised first before other things can set in.

Part of the enabling environment;


1) Reforms in the Down steam sector: removal of subsidy ,allow private investors build refineries and sell at prices that pay them

2) Unification of exchange rates and removal of subsidy on the exchange rates - Stability of the exchange rates: this boost investors' confidence in the economy

3) CNG policy: Rather than establishing Ibom Airline or building multi- Billion Naira church, A/Ibom (and other oil producing States )supposed to tap into this policy by building giant conversion plants and industries that manufacture CNG cylinder and conversion kit.

4) Lagos-Calabar Coastal road, Ondo ,Delta and Bayelsa States ought to have started processes of linking their economies to Lagos e.g massive investment in Fish production and storage, along their coast to supply over 20 million people in Lagos

Zionmdde:

All you guys do is to call youths lazy.
Youths weren't lazy when tinubu led apc were asking Nigerians if $1 to N215 was OK?

You sound naive sha but I won't delve in much.
1st exchange rate won't have gotten to 1600 had tinubu shut his mouth on the handover day, assemble his economic team, sustained subsidy payment while ing dangote to fast track commencement of production. Once dangote refinery starts, remove subsidy. With that, dollar wouldn't have exceeded 500

Secondly, there is so much corruption that have led to abandoned projects that single handedly could have projected Nigeria's economy
Go to brass, go to ajaokuta, go to ikot abasi and see how trillions of naira investment were abandoned. There are lots of things Nigeria has no business importing, so you guys should stop calling people lazy.

How do you sustain subsidy?


1) No international creditors were willing to continue to loan Nigeria $Billions to pay for unsustainable subsidy


2) If Tinubu didn't announce removal of subsidy and continued paying MARKETERS, it would be difficult to stop because so many vested interests that benefited from the scam ,in and out of Nigeria would make it impossible to stop through massive sabotage


3) There was no provision in the budget for subsudy.


Exchange rates are now determined by demand and supply, if you continue to demand for dollars to import everything without exporting much to earn dollars, Naira would continue to be weak

ivandragon:



Thank you.

Those who condemned N215:$1 are suddenly excusing N1600:$1.

Bat is both incompetent and greedy, a nasty combination. He does not understand the basics of socio-economic growth and his policies are designed to satisfy selfish interests which is why despite all the so called 'positive'reforms, Nigeria keeps sinking.

You didn't talk about anything economic, just insults and politics

specialmati:
so the agbero chairman you guys smuggled into asorock is no longer the master planner,the builder of Lagos State from the sea,the first class economics from oluwale uni.so he won't make 1 dollar 1 naira again.but can make 1 dollar 1600.how you set of people reasons should be a case study

Demand and supply,now determine the exchange rates,not the President.


Economics don't respond to all these insults,curses and abused.

Tinubu is implementing the right but ,may be unpopular reforms.

oyatz:



You didn't talk about anything economic, just insults and politics

And what have you said besides gibberish?

oyatz:


Demand and supply,now determine the exchange rates,not the President.


Economics don't respond to all these insults,curses and abused.

Tinubu is implementing the right but ,may be unpopular reforms.

so the agbero chairman won't make 1$ 1 naira again you try

oyatz:


Part of the enabling environment;


1) Reforms in the Down steam sector: removal of subsidy ,allow private investors build refineries and sell at prices that pay them

2) Unification of exchange rates and removal of subsidy on the exchange rates - Stability of the exchange rates: this boost investors' confidence in the economy

3) CNG policy: Rather than establishing Ibom Airline or building multi- Billion Naira church, A/Ibom (and other oil producing States )supposed to tap into this policy by building giant conversion plants and industries that manufacture CNG cylinder and conversion kit.

4) Lagos-Calabar Coastal road, Ondo ,Delta and Bayelsa States ought to have started processes of linking their economies to Lagos e.g massive investment in Fish production and storage, along their coast to supply over 20 million people in Lagos

PROPAGANDA!!
I reject it try another person.

specialmati:
so the agbero chairman won't make 1$ 1 naira again you try

Agbero chairman is Market forces.

You can call it any name in your dialect, but the bottom line is that the economic laws of demand and supply ,now determine exchange rate rather than CBN borrowing $Billion to artificially defend the exchange rate.

oyatz:



Agbero chairman is Market forces.

You can call it any name in your dialect, but the bottom line is that the economic laws of demand and supply ,now determine exchange rate rather than CBN borrowing $Billion to artificially defend the exchange rate.

so it's now the law of demand and supply,so he didn't built Lagos State from the sea again