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TheEnforsa
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In 1993, African Concord magazine documented the severe economic hardship Nigerians were facing, citing stark examples:
👉🏾A tin of garri rose from ₦70 to ₦130 in two months.
👉🏾In a matter of weeks, transport fares jumped by over 100% on many routes across the country.
👉🏾Private airline operators proposed a hike in fares that could potentially push a one-way Lagos to Abuja flight from ₦515 to ₦1,950.
👉🏾Local industries struggled as a result of the massive devaluation of the naira, prevailing high interest rates and spiralling double-digit inflation.
👉🏾Most workers could hardly boast of disposable income after meeting their basic needs, including increasing rent.
African Concord noted that Nigerians seemed to possess a unique survival instinct, especially in trying times.
In response, Hakeem Olaniyan, a lecturer, said, "It is not that Nigerians are giving up. Rather, they are hoping for a better future."
In her observation, Biola Okenwa, a businesswoman, said, "The problem in this country is that we are politically docile."

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🚨BREAKING: Two researchers from UPenn and Boston University just published a paper that should be uncomfortable reading for every CEO automating their workforce right now.
The argument is straightforward. Every company replacing workers with AI is also eliminating its own future customers. Laid off workers stop spending. Enough of them stop spending and nobody can afford to buy anything. The companies that fired everyone end up selling into an economy with no purchasing power left.
Every executive can see this. The math is not complicated. But here is why nobody stops.
If you do not automate, your competitor does. They cut costs, lower prices, take your market share, and you collapse anyway. So every company automates knowing it is collectively destructive because the alternative is dying alone while everyone else survives. The researchers proved this is a Prisoner's Dilemma playing out in real time.
The numbers are already moving. Block cut nearly half its 10,000 employees this year. Jack Dorsey said AI made those roles unnecessary and that within the next year the majority of companies will reach the same conclusion. Salesforce replaced 4,000 customer support agents with AI. Goldman Sachs deployed a coding tool that lets one engineer do the work of five. Over 100,000 tech workers were laid off in 2025 and AI was cited as the primary driver in more than half those cases. 80% of US workers hold jobs with tasks susceptible to AI automation.
The researchers tested every proposed solution. Universal basic income does not change a single company's incentive to automate. Capital income taxes adjust profit levels but not the per-task decision to replace a human. Collective bargaining cannot hold because automating is always the dominant strategy.
They also identified what they call a Red Queen effect. Better AI does not solve the problem, it accelerates it. Every company chases faster automation to gain market share over rivals but at the end everyone has automated equally, the gains cancel out, and the only thing left is more destroyed demand.
The one thing the math says could work is a Pigouvian automation tax. A per-task charge that forces companies to account for the demand they destroy each time they replace a worker.
The conclusion is that this is not a transfer of wealth from workers to owners. Both sides lose. Workers lose income. Companies lose customers. It is a deadweight loss with no market mechanism to stop it on its own.
Link
t.co/AkgzBxi7jX

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“If you buy 5 litres of fuel every day, this is what you would spend in a year under different administrations: during former President Olusegun Obasanjo, you would spend ₦136,850; under late President Umaru Musa Yar'Adua, ₦118,625; under former President Goodluck Jonathan, ₦158,775; under former President Muhammadu Buhari, ₦355,875; and under President Bola Ahmed Tinubu, if fuel continues to sell at ₦1,300 per litre, the yearly cost for 5 litres daily would rise to ₦2,372,500. Now ask yourself, if a company is spending this much on fuel alone, how much profit are they actually making?”
— Man reacted.
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THE CORRUPTION IS SO BRAZEN
The Federal Government, through the Federal Ministry of Education, the Federal Scholarship Board and the National Assembly Committee on Education told Nigerians that the Bilateral Education Agreement (BEA) scholarships has been canceled. In fact young Nigerians have been left stranded overseas. But, the 2026 budget still contains N5.6 billion for continuing scholar and N1.764 billion for 300 new beneficiaries of same scholarships the Tinubu’s regime told the world has been canceled.
Just listen to this young lady and do a little bit of research and see.
Nigeria is in deep trouble.
#unmutedthepodcast #tegatalks
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While Nigeria ranks 4th on the Global Terrorism Index, the administration’s spending priorities tell a troubling story.
In just 18 months, ₦26.38 billion was spent maintaining the Presidential Air Fleet, including the acquisition of a $100M Airbus A330.
Meanwhile, the military received less than 5% of its allocated equipment budget.


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Only 10% of Nigeria’s 2.5 million tons of annual plastic waste gets recycled. The rest? It clogs our drainage systems, pollutes our environment and threatens our health.
But young innovators like Victoria Francis are changing that, starting from the streets of Akwa Ibom.
Through Plastic Cultured, she and her team are turning collected waste into fuel, mattresses and plastic bins. Their innovation is about more than just recycling; it’s about creating jobs, protecting the environment and building cleaner communities for residents and tourists alike.
Thanks to the Young Africa Innovates Programme, Victoria now has the support, mentorship and tools to scale her idea and push for a zero plastic waste culture across Nigeria.
In partnership with the Mastercard Foundation, we’re empowering atypical and underrepresented innovators especially young women and community-based change makers to build solutions that work.
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If they made the country work it would generate even more money and there'd be even more money to steal. Why are they killing a goose that can lay golden eggs?
Hazel Kaizoku@meister_kwame
African corruption doesn’t even make sense when you deep it . It’s beyond green . Why are you diverting funds meant for hospitals. Like what’s the point
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.@adedayoagarau and @obasolaaa are actively designing Nigeria’s civic future.
Whether it involves giving "1000 reasons" or reminding you to "Get Your PVC", the same tension holds: Nigerians must build the society that works for them by getting involved.
gst@wearegst
While the next election is still months away, Nigerians aren't waiting for campaign season to speak up.
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“Remove immunity. Monitor the powerful. Follow the money.”
Back in 2007, President Umaru Musa Yar’Adua proposed a bold anti-corruption plan—scrap immunity for top officials and introduce independent monitors to track assets, bank accounts, and wealth of those in power.
Nearly two decades later, his words still hit hard.
Nigeria doesn’t lack ideas. It needs the will to act.
— Yar’Adua (Sept. 2007)
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It’s been 19 years since a 19-year-old Lionel Messi dribbled past Getafe’s entire team to score one of football’s most iconic goals 💫
(via @FCBarcelona)
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