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@Laaycon

Heavenly cautious Muslim, ᴀɴ ᴇɴɢɪɴᴇᴇʀ, ᴛᴏᴜʀɪsᴛ. ᴏᴘᴇɴ ᴛᴏ ᴄᴏɴsᴛʀᴜᴄᴛɪᴠᴇ ᴀɴᴅ ɪɴᴛᴇʟʟɪɢᴇɴᴛ ᴄᴏɴᴠᴇʀsᴀᴛɪᴏɴ.

Lagos, Nigeria Katılım Haziran 2018
3.3K Takip Edilen2.8K Takipçiler
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QUADRI 🕊️@Laaycon·
🧵 The "Selfish" Interest Thread: Why are Voting ASIWAJU 🇳🇬 1/ Let’s stop the long grammars. People don’t just vote for "good vibes"—they vote for what touches their pockets and their progress. If you want to know why people are sticking with ASIWAJU, follow this thread. 👇
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Nononsense
Nononsense@NoNonsensezone·
SOUTH AFRICANS VS IGBOS!! The protest has now turned violent has South Africans are hunting down Igbos known in the area and their businesses. Casualty has been reported has report says a drug dealer has been burnt alive South Africans said they want Igbos to leave South Africa.
Nononsense@NoNonsensezone

BREAKING NEWS: South Africans are now burning up cars and properties they believed belonged to the Igbos in South Africa This is coming after they claimed the Igbo tribe is disrespecting them in their land and they want them to go. The “ Igbo must go “ protest is still going on

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Ọgbeni Bosun
Ọgbeni Bosun@yomiable·
Igbo must go now in South Africa Everywhere people are chasing them 😂😂😂 Bad characters are like smoke,It follows you everywhere
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Oyindamola🙄
Oyindamola🙄@dammiedammie35·
The moment Obi amd Kwankwaso arrived in Kano today…. APC go hear am next year seh😂✨✊🏽
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QUADRI 🕊️@Laaycon·
Follow me if you aren't... I'd follow back immediately. Do as little as like, I'd follow and you follow back
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TallJohn🌍
TallJohn🌍@JohnFanimokun·
"One day I will write a book on why I left APGA, PDP and Labour Party but I have never left any Party" — Peter Obi
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QUADRI 🕊️@Laaycon·
@fimiletoks @tfk_gawat Dr. Good morning, I'm reaching out of frustration and hope this doesn't last here long. Please I need 11k this morning to complete a payment before my stipends (salary) comes in. Please
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Dr. Toks 🦇
Dr. Toks 🦇@fimiletoks·
Your assumptions are too basic and the numbers don't add up. This is economics and decisions have consequences. Your suggestions would destroy the economy in 2 weeks. Let's look at them with numbers. 1. Customs to reduce fx rate to N100 for 90 days. If this is done, the Naira will crash to 5,000 due to the fact that imported goods would be 90% cheaper within the window period and all importers would rush to the buy what they need leading to a surge in demand for fx. Our 3 months import wage bill is around $10bn. You will unleash importers on NAFEM and CBN. Even me, I will look for dollars to import 5 cars. The demand for fx will surge to heavens and the Naira will crash in 1 week. CBN in other to protect the Naira will have to empty our reserves weekly. Apart from this, estimate the revenue loss from customs. Multiply N1,280 which is the difference and you will realise the impact on FAAC. 2. Dropping VAT to 2.5% for 90 days. 90% of VAT currently goes to States and LG and VAT makes up 45 - 55% of revenues monthly depending on oil receipts. For non -oil producing states, it could be higher. You will directly cut the revenue to states and LG by at least 50%. Civil servants won't earn salaries for 3 months. The states will become broke. You will create a crisis at the State and LG and the FG will have to print money to bail them out. You are triggering inflation. 3. Cutting CIT to 10%. Nigeria makes approx N3trn from CIT quarterly, looking at the Q3 and Q4 figures. If you wipe our this revenue with your cut, what do you think will happen to the budget deficit? In all, your suggestions will leave a N7trn hole in the Federation's purse within 90 days. CBN will have to go back to ways and means. Injecting N7trn from CBN through ways and means within 90 days will lead to inflation. The purchasing power of the people will be completely eroded and the Naira will become weaker. Your suggestion on custom rate would devastate the economy and fx market in 2 weeks. This is Sri Lanka 4.0. Talk like they say is cheap. Have a good a week.
Kalu Aja@FinPlanKaluAja1

You don't have to subsidise PMS imports 100%, thats a waste. In the US, farmers get a special diesel subsidy, but others don't. why? Farming is strategic Nigeria can't hide behind cost to deny a palliative, as crude oil has gone from $46 to $112. Instead, you subsidise PMS for target groups, especially transporters, by using the vehicle VIN, tied to NIN and eNaira, at the pumps. This ensures only Nigerian cars can buy subsidised PMS and Diesel, by paying via NIN phone using eNaira or any other payment method You will reduce public transportation without the huge N900B cost. On this N900b, yes, states will suffer financially, but states will suffer more if the entire commerce in the state collapses because citizens have to choose between food and fuel The federation revenues have increased by more than 100%, the war in Iran is a black swan event, and it will not last more than three months (amen). The government can do many things to lower the PMS cost, not related to subsidies on PMS imports 1. Immediately instruct Customs to adopt $1 to N100 as an exchange rate for 90 days 2. Reduce VAT to 2.5% for 90 days 3. Suspend CIT to 10% for 90 days if companies will pay a special transport bonus to their staff. Where is the Excess Crude Account? The benchmark is $65; Brent crude is $116. Where is this account? Can we use all the ECA for just 90 days? In summary, When there is a will, there is a way When there is no will, there is no way

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QUADRI 🕊️@Laaycon·
May God not delay your breakthrough so long that people who sometimes support you begin to avoid you. You'll be left lonely and suicidal. 💔💔
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QUADRI 🕊️@Laaycon·
@OurFavOnlineDoc The Iranian government maintains an "official" rate of about 42,000 Rial to $1. However, the open market rate (the one people actually use) has skyrocketed to over 1.5 million Rial to $1 due to the conflict Stop being mischievous. It's costing the govt several billions to sustain
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OurFaveOnlineDoc 🇬🇧 🇳🇬
After one month of war in Iran, 10 litres of petrol costs 10 cents. 10cents is 140 naira. This means 140 naira will buy you 10liters of petrol in Iran. That’s 14naira per liter in a country at war. I won’t say anything.
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TallJohn🌍
TallJohn🌍@JohnFanimokun·
"There is a dearth of electricity, there’s a problem of transportation hike, there’s a problem of expected inflation as a result of the war that we have no control over. BUT WE WILL OVERCOME IT." — President Bola Ahmed Tinubu
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Thaniel
Thaniel@Olaolu_thaniel·
Someone should ask @Mimi_yakigar and why @PeterObi sat on over $500 million for years (kept Anambra State Government money in his own bank) as Anambra governor and didn't create a thriving environment for this garment and footwear industry in Aba which he is now seeing potential in. If not wickedness or cluelessness can someone ask @p_oruche why didn't her pay master invest just $10 million in that garment and shoe industry since @p_oruche claimed he had over $500 million of state money stored away in his own bank!!! Or is it after he left the government house that he is just seeing the potential of the industry? POnzi schemers!
Thaniel tweet mediaThaniel tweet media
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Imran Muhammad
Imran Muhammad@Imranmuhdz·
The former Labour Party presidential candidate, Peter Obi, wanted to be president and they gave him a platform. When a crisis came in the LP and that was the time for him to show leadership, but he ran away. – Wike at today's PDP National Convention
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