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World Bank’s 15-Year Death Sentence On Nigeria By Farooq A. Kperogi (12259 Views)
markfem2: 7:51am On Oct 19, 2024 |
Racoon: |
BABAawoo47: 7:55am On Oct 19, 2024 |
stuffs2002:the difference is when chinese reform started, the economy started growing exponentially. Any reform that impoverish a nation can't bring any fruits in future. That's exactly what mao thought and after 30yrs and mass starvation, the other president took over brought reform that immediately catapulted there growth. Even during the great depression in US, they did away with all the capitalist policy and started giving subsidies and reduced tax. You don't increase tax when an economy is frail 2 Likes |
Lavor234: 7:55am On Oct 19, 2024 |
Development does not come from the super wealthy as they are prone to investing and hoarding and not innovation but rather the middle class who are risk takers and innovators. By wiping off the middle class, the government has put itself in Liminal hell. It's only the super rich who are bent on hoarding and super poor who are bent on Surviving. The quest for surviving diminiishes creativity and innovation. If Tinubu was smart, he would have chosen smart economists and not 40℅ lackeys more interested in their World Bank Commission. Tinubu and Buhari are Regressionists 2 Likes |
stuffs2002: 7:59am On Oct 19, 2024 |
Mandate1: Hatred and bigotry have blinded you. 1 Like |
stuffs2002: 8:02am On Oct 19, 2024 |
BABAawoo47: You must be talking about a different China that no one knows about. No country in this planet that the development grew exponentially in a few years. Your hatred for your president is making you see things that are not real. 1 Like |
Kukutenla: 8:04am On Oct 19, 2024 |
Ikaeniyan0:The other day you were wailing about prices of foodstuffs Today you're back to default mode Is Farook Kperogi an Obidient? Tell me you honestly believe this so-called reforms will yield anything possible at the end 1 Like |
Forkthiefnubu: 8:08am On Oct 19, 2024 |
stuffs2002:Must be a low iQ individual to write and think this way , God this is horrible 3 Likes |
Kukutenla: 8:08am On Oct 19, 2024 |
stuffs2002:So can you point to any country where fuel subsidy removal and naira devaluation has led to massive development? Also, what reforms did Tinubu put in place when he was governor of Lagos that started yielding fruits later? 1 Like |
Tormentor001: 8:15am On Oct 19, 2024 |
stuffs2002: So wetin come b ur point? U just wan whine 2 Likes |
bobbiiee: 8:15am On Oct 19, 2024 |
It's more of suicide than reform when a nation is servicing debt with 67% of its revenue.
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Kukutenla: 8:15am On Oct 19, 2024 |
ivandragon:Spot on!! That's the elephant in the room. The people that are implementing reforms and telling Nigerians to endure hardship have the following resume: Tinubu who looted Lagos tax from 1999- Akpabio who has a N108bn graft case in his head and has never claimed to be a saint Wike who had to hide his ant general from efcc based on graft and had a case of diverting money meant for primary school pupils when he was minister for state education Ganduje who has a dollar stuffing video Gbaja who had a case of defrauding his client in the US Bagudu who was one of Abacha's henchmen These are the guys carrying out reforms to "save money for the govt and spend on critical areas of the economy" Are we really serious? 3 Likes 2 Shares |
Kukutenla: 8:16am On Oct 19, 2024 |
stuffs2002:What is the relationship between this statement and the economy. It seems you're empty. Just here to blow nonsense hot air 1 Like |
Caseless: 8:17am On Oct 19, 2024 |
stuffs2002:you don't know how to read or he's too sound for your understanding. 1 Like |
Kukutenla: 8:18am On Oct 19, 2024 |
stuffs2002:But even Nigeria was growing exponentially in of economy in the 2000s of were you under a rock then? 2 Likes |
Tormentor001: 8:18am On Oct 19, 2024 |
Olatunji1929: Uppercut wey no good |
Tormentor001: 8:19am On Oct 19, 2024 |
stuffs2002: Try dey make point rather than throw insult jonsin man 2 Likes |
Tormentor001: 8:21am On Oct 19, 2024 |
stuffs2002: Then the day he becomes president make u kill yourself useless animal sounding like you're God... Madu aburo chukwu! U might witness it from your grave no long🧢 |
Freebills12: 8:22am On Oct 19, 2024 |
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stuffs2002: What reform is Tinibu embarking on? Tell any agricultural project he is on? Planting of coco, palm, ribber or cannabis? What is his reform in education when the citizens are dropping out of schools because of lack of fund? Economic policy- how can you devalue your currency when you are import depent? He remove subsidy without consultation... What rash and careless decision. His policy is ment to favour the rich and destroy the poor. Use 15 months free tax on some foods. How many poor men have such purchasing power? The rich will import them and still sell at unreasonable amount. The govt is still spending more than any other regime. So where is this Tinibu reform? Nigeria has only advantages that attracts foreign investors. Low cost of power and labour. Tinibu has taken that away too. This is one of the reasons many are leaving Nigeria. Where is this reform taking Nigerians? 2 Likes |
Treadway: 8:23am On Oct 19, 2024 |
They know what they are doing. They want to render the country completely naked and useless. It is common sense. For years and till now they have been getting our resources dirt-cheap. Their MO is to keep Africa impoverished, in turmoil, destabilized all so they can steal the resources or get it dirt cheap. The plan is to get anything they want for almost free. They want it to get to the point where they can buy any and everything almost FREE. A time when 1 dollar bill go fit buy car sef. Make we siddon dey look 1 Like |
onuman: 8:26am On Oct 19, 2024 |
Racoon: ....for Nigeria to achieve prosperity it must continue its ongoing economic mass murder of its weakest citizens for at least 15 years.. Kperogi But that's the reason why the murderous economic policies of Tinubu istration were quickly put in place before ministers and advisers could be appointed by president Tinubu. If Ministers and advisers were in place, they would not have bought such murderous economic reforms by president Tinubu. It's like there is a rolling plan by interest groups to depopulate black Africa beginning with Nigeria. In the 1980s, the young boys of IMF advised African leaders to embrace currency deregulation. Ibrahim Babangida fresh from a military coup and seeking legitimacy from the West quickly embraced the IMF directive. Shortly after, a new wave of poverty enveloped Nigeria. The Middle class was quickly erased in Nigeria. Tinubu wants to make the West embrace his tenure after an obvious presidential election heist in 2023. 2 Likes |
Treadway: 8:37am On Oct 19, 2024 |
ivandragon:wrong The west and western institutions including the world Bank have one goal and one goal only for Africa, to keep Africa impoverished and destabilized so they can get our resources cheap. Africa is the supplier of raw materials to the world,and they need those resources dirt cheap. They will do everything to ensure Africa remains where it is. This so-called reforms, will guarantee just that. The fuel is expensive but there are still queues everywhere and there has been since May 30, 2023. When will Nigerians just exercise their brains and think a little? The fuel is fucking expensive now, but there are queues everywhere cos only few players can stock the product due to the cost of buying the product. Even those few players can not afford to do that consistently, as before. Does that look like a problem solved? Does that look like something that would get better? If a full tanker costs 50m and only few people can afford to buy that tanker to dispense at the pumps , causing queues, would it becoming 100m for a tanker make the the situation better? I forecasted what's playing out now over a month ago. How people are incapable of deductive reasoning like this is surprising to me. Should we say it is the effects of watching too much telly? Cos I can't understand why people can't seem to see things for what they are Na wa o. 2 Likes |
iamtoofan: 8:40am On Oct 19, 2024 |
stuffs2002: you must be sick .... infact i am assuring u that you are very sick 2 Likes |
lexy2014: 8:40am On Oct 19, 2024 |
stuffs2002: Can you counter his analysis with superior analysis? 1 Like |
LucemFerre: 8:41am On Oct 19, 2024 |
The only reform i will applaud is if they cut their earnings to the legal allocated income and use the money for development. Reforms to loot money no be reform. Thats why i say make dem put back the subsidy, at least common man dey benefit from that one. Idiot thieves 2 Likes |
stuffs2002: 8:46am On Oct 19, 2024 |
Tormentor001: Hahaha... See as truth dey pain IP0B ![]() 1) Peter Obi will never be president of Nigeria 2) No IIGB0 will rule Nigeria till the next 30 years 3) Na 3rd class citizen una be 4) We will not let IIGB0S rule and we will not give them biafla
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stuffs2002: 8:48am On Oct 19, 2024 |
Tormentor001: Kukutenla: Kukutenla: Stop smiking mporu mirri |
lexy2014: 8:50am On Oct 19, 2024 |
stuffs2002:. Is it his wanting Nigeria to fail that is making Nigeria fail or tinubu that is making Nigeria to fall? Has tinubu reduced the cost of governance? What is tinubu doing with the highest number of ministers in Nigerias history? Tinubu bought a new Cadillac despite there are still cars in good condition accessible to him Spent billions getting new cars for his wife Spent more than N200m on tyres in a day. Spent N1b on a week's trip to Addis Ababa Spent $150m on a new plane without legislative approval. If he did all these, then what reforms are you saying he is doing in Nigeria? 2 Likes |
stuffs2002: 8:51am On Oct 19, 2024 |
Tormentor001: If only you could read. |
Kukutenla: 8:51am On Oct 19, 2024 |
stuffs2002:I thought you detest insults It's obvious you're just another empty zombie forming smart Fhuck off 2 Likes |
lexy2014: 8:51am On Oct 19, 2024 |
stuffs2002: Since yorubas are ruling, what is the state of country? Are yorubas 2nd class citizens after Hausas? 2 Likes |
Khallicopyro: 8:52am On Oct 19, 2024 |
Truth is, these days I don't even know what to believe anymore. I don't know who is the villain and who is the hero. Time alone time will tell
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