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World Bank’s 15-Year Death Sentence On Nigeria By Farooq A. Kperogi - Politics (2) - Nairaland 6m4a13

World Bank’s 15-Year Death Sentence On Nigeria By Farooq A. Kperogi (12259 Views)

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markfem2: 7:51am On Oct 19, 2024
Racoon:
The same world bank of poverty that encourages Tinubu to continue his policies? Still the same world bank that is improverishing third world countries population with their brutal economic policies which the senseless corrupt leaders of these sorry nations often accept wholeheartedly without consideration.

You are borrowing them loans with neck-constricting conditions which you know they are looting with reckless abandon yet you are saying the same criminals should cut down their expenses? You are very wicked. And these devastating reforms are what agbadorian zombies and the world bank said will take Nigeria places? Make una continue to delude una self there.

BABAawoo47: 7:55am On Oct 19, 2024
stuffs2002:








Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.
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:
what reforms did he put in place in Lagos? You guys keep churning out this empty lies everyday. Tinubu built Lagos that was the capital of Nigeria from 1914-1992? Pls tell this garbage to the dogs.

Hatred and bigotry have blinded you.

1 Like

stuffs2002: 8:02am On Oct 19, 2024
BABAawoo47:
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

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:
It seems you low li obidients do search for horrible news all about on the internet grin
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:








Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.
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:


Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.
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:








Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.

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.
Kukutenla: 8:15am On Oct 19, 2024
ivandragon:
Kperogi has as usual, made very valid observations and points, but I do not fully agree that the worldbank and IMF are fully out to impoverish Nigerians.

It is just that they keep underestimating the level of corruption and incompetence of the leaders and followers.

Until corruption is reduced to a reasonable extent, good economic policies cannot work in Nigeria.

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?

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Kukutenla: 8:16am On Oct 19, 2024
stuffs2002:


This one is still bittered that Nigerians trashed Peter Obi in the last presidential elections.

Let me tell you the plain truth. Peter Obi will never be president because he is not a presidential material and it is that simple. Obi is not fit to rule a country like Nigeria
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:
Kperogi has come again with his upside down analysis
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:


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.
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:
One thing is certain, that son of thousands father helinues is coming to spill nonsense on this thread to defend his slave master even though his mother complained to him before giving him food yesterday that the price of things have skyrocketed in the market,shame on you hellanus for mocking Nigerian because of peanut you are getting from thieffnubu

Uppercut wey no good
Tormentor001: 8:19am On Oct 19, 2024
stuffs2002:



Why cut your nose to spite your face

Why tear down your country because Tinubu that you hate so much defeated your preferred candidate called Obi

What exactly have you gained in attacking Nigeria just because your choice of presidential candidate lost the election.

You and your kind have been illogically attacking Nigeria all because Peter Obi lost the presidential elections

Try dey make point rather than throw insult jonsin man

2 Likes

Tormentor001: 8:21am On Oct 19, 2024
stuffs2002:


This one is still bittered that Nigerians trashed Peter Obi in the last presidential elections.

Let me tell you the plain truth. Peter Obi will never be president because he is not a presidential material and it is that simple. Obi is not fit to rule a country like Nigeria

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:








Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.

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:


https://www.farooqkperogi.com/2024/10/world-banks-15-year-death-sentence-on.html


....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:
Kperogi has as usual, made very valid observations and points, but I do not fully agree that the worldbank and IMF are fully out to impoverish Nigerians.

It is just that they keep underestimating the level of corruption and incompetence of the leaders and followers.

Until corruption is reduced to a reasonable extent, good economic policies cannot work in Nigeria.

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:
Kperogi has come again with his upside down analysis


you must be sick .... infact i am assuring u that you are very sick

2 Likes

lexy2014: 8:40am On Oct 19, 2024
stuffs2002:
Kperogi has come again with his upside down analysis

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:


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🧢


Hahaha... See as truth dey pain IP0B grin

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

stuffs2002: 8:48am On Oct 19, 2024
Tormentor001:


Try dey make point rather than throw insult jonsin man

Kukutenla:

What is the relationship between this statement and the economy. It seems you're empty. Just here to blow nonsense hot air

Kukutenla:

But even Nigeria was growing exponentially in of economy in the 2000s of were you under a rock then?


Stop smiking mporu mirri
lexy2014: 8:50am On Oct 19, 2024
stuffs2002:
Stop being so bittered that it blocks all forms of logic from your brain. You think you are attacking Tinubu by wanting Nigeria to fail. What sort of warped logic is that? Nigeria is bigger than Tinubu or any other person. So because reforms will take a long time, Nigeria should keep towing the wrong path?


Some of the reforms that Tinubu put in place as governor in Lagos state came into fruition long after Tinubu was no longer the governor of the state

The Chinese reforms started long before this current leader of China. Same can be said for all emerging economies all over the globe. Do you realize that there was a time Nigerians didn't need visas to so many countries?

Whoever told you that US, UK, and other western countries were built in a day did you wrong.
.
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:


So wetin come b ur point? U just wan whine

If only you could read.
Kukutenla: 8:51am On Oct 19, 2024
stuffs2002:







Stop smiking mporu mirri
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:



Hahaha... See as truth dey pain IP0B grin

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

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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