
Martins Adeyeye
876 posts

Martins Adeyeye
@MartinsAdeyeye1
I'm a gentleman from the fountain of knowledge Ekiti State have passion for the things of God and maximum respect for humanity.
Lagos, Nigeria Katılım Ocak 2023
2.8K Takip Edilen1.5K Takipçiler

@gtbank_help I am trying getting my MasterCard number and PIN to access loan but not accessible what's the problem?
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Great thought
Brutal Mindset@BrutalMindset
The 48 Laws of 𝑨𝒕𝒕𝒓𝒂𝒄𝒕𝒊𝒐𝒏: 1) Never chase, just attract
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Can you imagine who wants to govern a country of more than 220 millions people subjected himself to a liar? No no no, it can't be possible.
Taiwo_Ajakaye@dmightyangel
Host: You said Subsidy will go from day 1... Peter Obi: I didn't say from day 1.... Checking Obi on VAR: It will go IMMEDIATELY. I cannot allow it to stay a day longer🤣🤣🤣
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@renoomokri This is very educative and more explanatory. But Nigerians are so much unpatriotic and they relying on the mis- information from some scrupulous elements who don't believe in the development of this country. How many people are paying taxes of less than 10% GDP? May God help us.
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Why is Nigeria paying more for fuel, and what are the solutions?
What Nigerians need to understand is that the government cannot fund us. Rather, we fund the government. There are only four ways by which a government can get revenue.
The first is by sending the resources of the people and the state and claiming it as its own, which General Aguiyi Ironsi did with his Unification of Assets Decree Number 34 of May 24, 1966. The second is by taxing citizens and corporations. The third is printing money. The fourth is borrowing money. Other than these ways and means, governments do not have money that they generate.
We Nigerians are some of the most entitled people on Earth. We expect a lot from our government, yet we hardly pay taxes. Nigerians will watch a movie set in Europe and complain that we want what we see. European nations, like Germany, have a tax-to-GDP ratio of 39%, while Nigeria has a tax-to-GDP ratio of less than 10%.
If you earn €58.597 in Germany, you will pay 42% of your income or €24,610 as taxes. There will be riots if you ask Nigerians to pay this type of tax. So, where will the money to run Nigeria come from?
Oil? Saudi Arabia has a population of 35 million and makes $350 billion annually from oil. That is $10,000 per citizen. Nigeria has a population of 220 million people and generates approximately $36 billion from crude annually. That is $150 per person. At 2.6 million people, Qatar is just one per cent of our population. Yet, their annual revenue is $68 billion. Two and a half times that of Nigeria.
Nigeria is not "oil rich". We are oil-poor. On a per capita basis, Ghana is more oil-rich than we are. We produce 1.5 million barrels per day for a population of 220 million people. Ghana produces 200,000 barrels per day for a population of 32 million.
So, when Nigerians hardly pay taxes and our oil and gas revenue is insufficient to meet the demands of running our country, we are forced to borrow or print money, which means that inflation will increase.
And under this situation, we cannot afford to artificially reduce the price of fuel by paying subsidy. We will go bankrupt. Therefore, much as this annoys you, the only options are to allow market forces to control the price of fuel, just as it does other commodities, or we must be prepared to pay higher taxes.
Failing that, Nigeria will continue to borrow or print more money, fueling inflation and increasing commodity prices.
Protests and riots cannot change these economic realities. They will be just like a child's tantrum when his parents cannot afford to buy him a toy.
Reno Omokri
#TableShaker. Ruffler of the Feathers of Obidents. #1 Bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years. Hodophile. Hollywood Magazine Humanitarian of the Year, 2019. Business Insider Influencer of the Year 2022.
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Martins Adeyeye retweetledi
Martins Adeyeye retweetledi


@Balatic @chiditweets042 @PureStanley1 Because you are a mad person why not residing in Nigeria and be posting this?
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It’s official. The new demand now is #TinubuMUSTGo. And he must take his entire cabinet with him. We ask them to resign now for this irresponsible behaviour 😏
We warned about this 🤬🤯
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Martins Adeyeye retweetledi

Martins Adeyeye retweetledi

A thread of some animals who sacrifice a lot before having babies.
1. KIWI
Let's start off from Australia. While other birds lay many eggs, kiwi lays just one egg at a time. But the one egg is equivalent to 20% of her total body weight and almost half of her size. That's like an adult human carrying a 6 year old baby in their belly.
When the egg is stressfully laid, they still invest 70-80 days to incubate the egg. That's about time 2 the time ostriches spend incubating. Incredible!
Let's continue in the comments


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Thanks to Almighty God, power supercede power. The saboteurs have been put to shame. God bless PBAT and God bless Federal Republic of Nigeria.
Reno Omokri@renoomokri
Breaking: An Agreement Has Been Reached. The Consensus is a ₦60,000 New Minimum Wage, All Parties Have Signed, Including Joe Ajaero, the NLC President. The Strike Is Over. Nigeria Wins. I Congratulate the Federal Government and the Nigeria Labour Congress. God bless Nigeria! #TableShaker
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@renoomokri selfish interest and not for the interest of the common man in the streets. If minimum wage is increasing, then price of goods in the market will also increases.
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Last year, when Joe Ajaero was beaten black and blue by a faction of the NLC in Imo, he ran to a hospital for emergency treatment. Today, the same Joe Ajaero has shut down hospitals for Nigerians. If he did not have a hospital to go to last year, would he have survived?
The hospitals that the Nigerian Labour Congress shut down as part of their strike are not used by the President or legislators of the National Assembly. They are being used by everyday ordinary Nigerians.
Surely, you can go on strike without shutting down emergency services, like the National Grid, hospitals, fire service, water services and airports.
Joe Ajaero is punishing the Nigerian people to get at Tinubu. He is using the Nigerian Labour Congress to economically sabotage Nigeria by making impossible demands for a ₦494,000 minimum wage that he knows fully well Nigeria cannot afford.
#TableShaker

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@renoomokri It's very unfortunate that I can see some so called elites supporting the action of combined NLC and TUC. Are all Nigerians civil servants? Why not just be reasonable and patriotic for once and do away with sabotage and political enmity. Both the NLC& TUC are doing dis for
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