PredictNG

519 posts

PredictNG

PredictNG

@predict_ng

Trade your opinions. Win real money. Nigeria's first peer-to-peer prediction market — bet on football, politics, entertainment, and everything in between.

가입일 Mart 2026
1 팔로잉19 팔로워
Kingsley E. Ezemenaka (Ph.D)
Dear @IMFNews, Your 2026 Article IV Consultation report recommends Nigeria impose VAT on fuel products, raise the VAT rate and introduce excise duties on telecom services to increase government revenue. You also added a caveat. Ensure a functioning cash transfer system is in place before implementing these taxes given Nigeria’s rising poverty levels and worsening food insecurity. That caveat is doing a lot of work. Nigeria’s cash transfer program has been mired in corruption scandals since 2023. Ghost beneficiaries. Diverted funds. A program that exists on paper and fails on the ground. The system you require as a precondition does not function. Yet the tax recommendation is already published and the Nigerian government is already reading it. Nigeria removed fuel subsidies in 2023 on your framework’s recommendation. Fuel went from N200 to over N1,000. The naira collapsed. Inflation hit 35%. Over 130 million Nigerians now live in multidimensional poverty. Telecom tariffs already rose 50% this year. Now you want to tax the fuel they can barely afford and the phones that are their only lifeline to economic activity. You cannot extract revenue from people who have no income. You cannot tax a population into prosperity. And you cannot recommend fiscal reform to a government that diverts N34.53 trillion before it reaches the people those measures are supposed to help. Your own report confirmed that diversion. Then your own website deleted the report. The IMF’s playbook for Africa is identical everywhere it lands. Remove subsidies. Liberalize the currency. Broaden the tax base. Watch poverty deepen. Issue a new loan. Repeat. The caveat will be ignored. The taxes will be implemented. The cash transfer system will remain broken. And three years from now another Article IV report will note with concern Nigeria’s worsening poverty indicators. Nigeria does not need more taxes. It needs an international institution with the courage to tell its government to stop stealing the revenue it already collects before asking citizens to contribute more of what they do not have. Create conditions for income before demanding taxes on it. That is not anti-IMF. That is basic economic logic. Follow @Eyuskant for analysis that cuts through the noise
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Nigeria Stories
Nigeria Stories@NigeriaStories·
BREAKING NEWS: IMF asks Federal Government to impose fuel and telecom taxes in Nigeria as part of broader measures to increase government revenue
Nigeria Stories tweet mediaNigeria Stories tweet media
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Richard U. | Web Developer
Richard U. | Web Developer@iamrichygold·
Remember when fuel prices in Nigeria surged to ₦1,200–₦1,500 per litre, and the government, marketers, Dangote Refinery announcements, PETROAN, NNPC-linked reports, and their supporters all pointed to the Strait of Hormuz blockade caused by the US-Iran-Israel conflict? They repeatedly blamed international factors: global oil shocks, disruptions in the critical chokepoint where about 20% of the world's oil supply passes daily, threats of blockade, shipping standstill, spikes in freight costs and insurance premiums, and crude oil prices jumping toward $100+ per barrel. Even though Nigeria produces crude, the reliance on imported refined products meant these external pressures directly hit pump prices hard. Analysts and reports framed it as unavoidable pain from the conflict. Now the peace deal has been announced, the blockade has been removed, and the Strait of Hormuz is reopening to global shipping. Global oil prices have already started easing in response. We expect changes, right? Every supporter who blamed the blockade and said there was 'no choice', we are closely watching to see pump prices drop accordingly. No more excuses. If prices do not reflect this new reality, what will be the next explanation? Stronger naira? Increased local refining? Or do market forces only work in one direction? Nigerians have endured higher transport costs, food inflation, and business hardships because of these increases. If the primary reason was truly external, relief must follow. Transparency demands it. Citizens are paying attention and will not forget.
The White House@WhiteHouse

“The Deal with Islamic Republic of Iran is now complete. Congratulations to all!” President Donald J. Trump 🇺🇸

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Isaac Osinakachi
Isaac Osinakachi@isaacosinakachi·
Sportybet has locked cashout and our 200+odds is going well so far😔 What do we do now 🤷
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39 Cousin
39 Cousin@k_wurld·
@jayfund11 you no want us to win if not you won't have told us to go to Ur promo codes. . . Sportybet or nothing 😒 After you made me lose millions on sportybet, you wanna ruin my life elsewhere 😅 God pass you o. . .
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Cross ⚕️
Cross ⚕️@Nkayxa·
Bet building btw.. leave am for me Knew Damn well Brazil wasn't beating Morocco
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kizi1
kizi1@Gozmok20·
@tips_famou58485 @SportyBet And u tagged them? No Wahala come win again na.. as u don mumu show tag them to come see the option u use boom..
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