NewStats: 3,265,443 , 8,186,760 topics. Date: Sunday, 15 June 2025 at 01:11 AM 21365j

helinues:


Name single one of them

Whether you actually use your brain.

helinues:
Ask the op what's the allegations against VDM and see him scratching his head.

Why are some of you just too emotional like this.

What if the allegations against VDM is true? Have you heard from GTB regarding the issue?

There are numerous allegations made against you as well.
But yet you are freed to continue working for the government on forum like Nairaland.

Just so you know....you still have some Unhushpuppi amongst your friends even at this present moment.

When the long arm of the law finally catches up with them.......Dont tell us you didn't know their profession.

Someone of your status should background check your friends......not your fans

The western world does not play with Money Laundering charge.....They can use 100 million dollars to fight a 10 million dollar case.

Been to many third world countries with 24hours power supply and the bills are in tune with minimum wage.

And believe me i am not talking about Paris or London where the president goes to enjoy uninterrupted AC.

All we have to do is copy their blueprint and replicate it here, tweak it till we get it right.

The istration of Bola Tinubu has not prioritized power supply. If they did Nigerians would have seen results.

Weeks after Bola Tinubu wa sworn in, he wanted a new Private Jet, less than 2 weeks after, the money manifested, the new Jet was bought and paid for and the old one put on sale.......That was an intentional act.

But issues like power supply, education of the girl child, a lot of out of school Nigerian children, maternal mortality,insecurities. Those are not addressed, When Nigerians voice their frustration, either his handlers gaslight us (its not that bad.) or we get the popular Buhari trope (All that was caused by the Buhari regime)

Not until the insurgents get into the presidents private Jet.

There is no cause for alarm yet.

ChiefOkporghe:


Is it the govt that's organizing Shiloh?
Is Bishop Oyedepo not a private individual as Burna Boy?
Aren't both of them doing their own thing?

Face your govt Mr.

We should use our religion herd mentality to be industrious
God will not come down and feed us
All these countries giving us loans, will not give us loans forever.
Nothing against shiloh.

Mccullum:


Incomparable at all, oil exportation and home musicians playing abroad, your analysis is highly illogical.

Illogical to you maybe.....A lot of countries generate significant revenues by harnessing music stars, concerts and taxes.
I was hoping you would infer all that yourself, without having to explain it to a 5 year old-like scenario

Israel planned the Oct 7th attack on themselves just to steal Palestinians land.

pdppower:
This one is Band A++++😁

Band kuku kill me

Private Residence.

How can NEPA charge 2.1 Million naira NEPA Bill ?

While Nigerian politicians preoccupy themselves with their usual theatrics, scandals, and endless political gymnastics, the world around us is quietly shifting — dangerously so. It is shocking, if not outright irresponsible, that not a single major government official, from the presidency to the Ministry of Trade, has seen it fit to alert the Nigerian people about the looming global event that will eventually touch the pocket, table, and future of every citizen: The 2025 Global Tariff Crash.

Across the globe, powerful economies have begun dismantling trade barriers at a speed never before seen. Tariffs — those taxes on imports and exports that protect local industries — are being wiped away under pressure from a global cost-of-living crisis. Developed nations like the US, China, of the EU, and the rising BRICS alliance have realized that their citizens can no longer cope with spiraling inflation and supply chain bottlenecks. Their solution? Flood their markets with the cheapest goods possible from anywhere in the world — to keep their people calm and their economies afloat. But here lies the silent tragedy for nations like Nigeria, who import far more than they produce: this global tariff dismantling is a death sentence for fragile local economies.

Nigeria, with her over-reliance on foreign goods — from food to medicine, clothing to construction materials — stands terribly exposed. The first illusion that will seduce Nigerians is a temporary drop in the price of imported goods. Markets will be flooded with cheap products from China, India, Vietnam, and Turkey. For a brief moment, people will celebrate. But underneath that temporary relief lies a devastating consequence: local Nigerian manufacturers and farmers, already struggling to survive, will simply not be able to compete. They will be priced out of existence. Industries will collapse quietly. Jobs will disappear slowly. And by the time we realize it, we will be fully dependent on foreign supply chains that we neither control nor can afford in a devalued currency.

This tariff crash will worsen the Naira’s weakness. As local production dies, Nigeria’s demand for foreign exchange will skyrocket. Everyone will want dollars to import more. Central Bank interventions will be overwhelmed. Inflation will return with a vengeance — not because goods are unavailable — but because the Naira will lose any remaining respect in the international market. If nothing changes, Nigerians should brace for an exchange rate of ₦2,000/$1 before the end of 2025.

But perhaps the most dangerous effect will be invisible to the average citizen. The collapse of tariffs opens the gates for substandard and unsafe products to flood Nigerian markets. With little to no regulatory capacity, we risk a public health disaster from fake medicines, contaminated foods, and hazardous consumer products. If you think NAFDAC and SON are overwhelmed today, wait until this global flood of unchecked imports arrives.

Sadly, Nigeria is not prepared. There is no national conversation. There is no strategic response plan. No policy direction to aggressively protect local industries. No incentives for farmers or manufacturers. No education campaigns for the population. Our leaders are busy flying abroad to vacation in countries like , enjoying 24-hour power supply, crime-free cities, and economic stability — ironically made possible by the very proactive policies they refuse to implement at home.

It is therefore left to the Nigerian people — individuals, families, communities — to wake up and prepare. Buy Nigerian-made goods where possible. local farmers. Diversify your income streams. Invest in skills that cannot be outsourced. Store value in real assets — not in the ever-falling Naira. And most importantly, hold your leaders able. Demand to know what policies they have in place to shield Nigerians from this impending global trade tsunami.

The 2025 Global Tariff Crash is not just an economic event happening far away. It is a tidal wave of change — silent but certain — that will reshape the future of every Nigerian household. Those who see it early will adapt and survive. Those who ignore it will pay the price.

Not a single word on how to create 100 thousand jobs for the unemployed masses.

He will just announce 2 positions on Friday through Bayo Onanuga meant for the elites and their children.

This is a very insensitive government.

This is a chance for Tinubu's trade ministers to approach countries with high tariffs like china

To come and establish manufacturing companies under Nigerian Proxies to lower their tariffs

Nigeria has unlimited space, cheaper labor than China and seaport to transport to America.

We are still working on 24hours power supply though.

Racoon:
You must be incredibly stupid and inherently wicked to be associated with this useless government.

They should change his name to Dr Tope Delulu
Because obviously he is delusional.

Comparing a country minimum wage of $50
And the USA where minimum wage is $2500

Is absolutely insane

Shivisee1:
Ok ipob!

I am not even IPOB.
This man is tone deaf and should be nowhere near the president to advise him on anything.

These are the people "advising" the president on "economic" matters.

One chance special adviser.

Where does Tinubu get this Special Advisers that have lost touch with reality.
This people want to see al Nigerians dead due to starvation.
Look at him lying on national TV, that the cheapest food in New York is $20

Dr. Tope Fasua, the Special Adviser to President Bola Tinubu on Economic Affairs, has highlighted the complexities of poverty measurement while defending the value of the naira in local , comparing the cost of living in Nigeria with that of the United States.

Speaking on the MicOnPodcast with Seun Okinbaloye, Fasua argued that many Nigerians misunderstand the concept of multi-dimensional poverty, which is often used in global poverty indices.

“Some people don’t understand the meaning of multi-dimensional poverty,” he said. “They think multi-dimensional poverty is worse than food poverty. What multi-dimensional means is that maybe the school your children attend is too far from you, or the hospital, and they categorise you as multi-dimensional.”

He went on to explain that despite the high exchange rate of the naira to the dollar, the purchasing power of local currency in Nigeria remains significant compared to the cost of living abroad.

“$1 is N1,500 – it’s a lot of money for many people in Nigeria. $10 won’t buy you lunch anywhere in the

U.S., sometimes you need at least $20, that is N30,000 in Nigeria,” Fasua explained.

Using relatable examples, Fasua described how ordinary Nigerians can still enjoy decent meals without spending much.

“I will tell you what you can do with $5 – that is N7,500 – if you are not going to eat in some eyebrow places. In Gwarinpa, there are some people that sell Boli and fish and you will eat for N1,500. If you know where you are coming from,” he added.


Source: https://www.instagram.com/p/DIGX0_vOVk9/

several:
Audit does not work that way.
The company is ed in Nigeria, so the financial have to be Naira denominated, it is when they are reporting as subsidiary to the parent company that they need to report in Dollars.
So when reporting as a Nigerian company which they are currently doing (because they are ed in Nigeria) they report in Naira. and to arrive at that profit, they must have already ed for loss in FX which is an allowable expenses.
Thus, TOtalenergies actually make that profit and even if they go on to convert the to dollar, it will still amount to profit.

This logic is naive.
1. FX losses reduce taxable profit — but do not affect cash profit the same way.
2. Reporting profit in Naira in a hyper-devaluing currency is meaningless without purchasing power parity adjustment.
3. Translating profit to USD matters because dividends, expansion, and global valuation rely on hard currency, not worthless local notes.
4. They made “profit” on paper — but operational reality could be deteriorating if margins are FX-sensitive.
5. Comparing Naira profits to actual wealth creation is like celebrating monopoly money.

Big profits in a collapsing currency = Optical Illusion.

Numbers without context is the first sign of ing ignorance.

UAE rulers make sure there is enough food for everyone to eat when they wake up in the morning.


Nigerian politicians eat everything at night, in case they don't wake up in the morning.

Look at Dubai in 1950 and Dubai in 2025

Eazywit:
as usual. Predicting doom. God u

Its better we predict accurately and be prepared.
If oil prices rise to 100 dollar a barrel or even more if there is Iran war
We could do very well as a country, pay down our debt and have good reserves.
But for now, its gloom, no sugar coating.

All those states that don't produce at least 20% of self sustenance from IGR should be merged into their former states.

Or they should be downgraded to cities and towns in the major state.

Now we are appointing ambassadors, the cost of government is getting more bloated everyday.

2 years into governance. The government has not been able to provide 100 thousand new jobs.

Asides Bayo Onanuga's 2 appointment which he announces every Friday in a country of over 250 million

Some of these comments feel sponsored......lol

They are using the Dollar to Naira exchange rate to confuse the illiterates amongst Nigerians.

If they have made this much profit. They should state dollar profit in 2023 and the dollar profit in 2024.

All the major oil companies around the world had tepid net revenue for 2024. Mobil, Shell, Aramco, Eni, BP

If you buy a pencil for $2 when it was 400 naira thats 800 naira

You now sell it for $1 When it is 1500 Naira. You can either call it a $1 loss or a 700 naira profit.

But we all know Total oil sales is dollar denominated. Why are they reporting profit in Naira

Dont let them keep deceiving you. Let them announce the loss in dollars.

While it’s commendable that the Federal Government is pushing for transparency in Nigeria’s tertiary institutions by requiring them to publish detailed financial data, the lack of similar transparency from key public figures, like governors, senators, and of the House of Representatives, raises concerns. These individuals routinely receive budget allocations—whether from FAAC (Federal Allocation Committee) or internal revenues (IGR)—yet they often don’t disclose or break down how these funds are spent. Transparency should not be a one-way street; it should extend across all levels of government.

Governors should be mandated to publish detailed reports on their state budgets, including the cost of projects, income from IGR, and the exact breakdown of their FAAC allocations. This will provide the public with an accurate picture of how taxpayers’ money is being utilized, ensuring ability across all tiers of government. A truly transparent government would lead by example, rather than imposing transparency requirements on sub-organizations while ignoring the ability needed at the top.

Some people are there to work out their private parts, not just their muscles!

The $2.5 trillion wipeout in the S&P 500 would have ripple effects on Nigeria’s economy:

1. Oil Prices: The slowdown in global growth due to tariffs could decrease demand for oil, leading to lower oil prices — a direct blow to Nigeria’s oil-dependent economy.
2. Foreign Direct Investment (FDI): With rising global uncertainty, investors may pull back from emerging markets like Nigeria. The prospect of a US recession would deter investment in Nigeria’s non-oil sectors.
3. Inflation Pressure: The devaluation of the dollar globally and disrupted supply chains could drive inflation in Nigeria, increasing the cost of imported goods and affecting the already fragile purchasing power.
4. Remittances: A potential US recession may affect Nigerians living abroad, reducing remittances, which make up a significant portion of Nigeria’s foreign exchange reserves.
5. Dollar Shortages: As the US dollar weakens or fluctuates, Nigeria, already struggling with a dollar shortage, may face more severe FX crises, worsening import costs.

The US-China tariff war would likely trigger global economic deceleration, making it harder for Nigeria to meet its growth targets and increasing the risk of an economic downturn.

The announcement of over 8,800 new Primary Healthcare Centres (PHCs) is a bold promise — but unrealistic without tackling Nigeria’s current healthcare infrastructure issues.

The Key Problem:

Building PHCs is just one part of the equation. To truly enhance healthcare delivery, the government must:
1. Rehabilitate Existing Centres: Many existing PHCs are dilapidated, underfunded, and lack basic equipment. Restoring these first should take priority.
2. Staffing & Training: There’s a chronic shortage of qualified healthcare professionals in rural areas. Hiring and training medical personnel should be central, not just brick-and-mortar facilities.
3. Essential Medical Supplies: Ensuring a consistent supply of rescue medications and life-saving equipment is critical. Transporting patients to tertiary centers is one part of the equation, but timely intervention at primary care level can save more lives.

A Bigger Concern:
• Announcing a random number of PHCs without clear action or funding isn’t a solution. It’s merely a PR move for headlines. If there’s no clear roap for the actual development, it’s just another media masturbation exercise that doesn’t translate to real impact on the ground.

Instead of pumping out numbers to satisfy political optics, the focus should be on rebuilding, resourcing, and staffing existing centres to ensure they deliver the care needed before embarking on building thousands more.