Adexy

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Adexy

Adexy

@enprolos

Rivers in the desert will I find

London, England Katılım Temmuz 2010
1.6K Takip Edilen444 Takipçiler
Field Marshal
Field Marshal@Acemanel·
You can leave @PeterObi alone he stands for a national project Not a regional project You can look for a person from your region Them plenty
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Harmless
Harmless@HarmlessHQ·
Omo! Peter Obi's 2023 spread was insane. Imagine, Kwankwaso just confirmed that his daughter was begging him to work with Peter Obi in 2023. According to him, his daughter is a staunch Obidient. Omo! The tsunami of 2023 would be nothing compared to that of 2027.
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Kalu Aja
Kalu Aja@FinPlanKaluAja1·
“Nigeria cannot continue to finance development primarily through borrowing. We must build a fiscal system capable of sustainably supporting critical infrastructure, quality education, affordable healthcare, security, and social protection” Taiwo Oyedele, Minister of Finance May 2026
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Adexy
Adexy@enprolos·
@Flohairs What do you guys usually discuss that you didn't know all this while? Check yourself.
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Alabama
Alabama@Flohairs·
I recently found out my bf is an Obidient. Should I break up?
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Kalu Aja
Kalu Aja@FinPlanKaluAja1·
What happened? 1. Refusal to devalue in 2014 as oil prices plummeted 2. Stubborn determination to maintain a fixed exchange rate, even as exports of oil crashed 3. Borrowing $ to import PMS in $ to retail in N 4. Printing N22t to spend on recurrent In fairness to President Bola Tinubu, he is fixing all 4 issues The question is his focus, hunger is real, and the people need impactful policies today, not tomorrow
Kalu Aja tweet media
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Olusegun Bakare𓃵
Olusegun Bakare𓃵@theboyisgreat·
APC sharing money in broad daylight, and we all are quiet like it's a normal thing.. INEC is quiet. EFCC is quiet . We have all lost our sanity ..
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Vehement
Vehement@NazskiLz·
@FinPlanKaluAja1 As far as I am concerned he is only "fixing" those issues to create more leverage to borrow money.
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Adexy
Adexy@enprolos·
@avamomoh @FinPlanKaluAja1 What do you mean can't account for what was borrowed? Even the blind can see. But to a jaundiced eyes, everything is yellow.
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Ava Momoh
Ava Momoh@avamomoh·
@FinPlanKaluAja1 NIgeria dsnt make sense. Borrowing more than your predecessors after ending subsidy, and worse still, being unable to account for all this borrowed money. Fixing all 4 issues doesn't matter if Bola is borrowing and spending stupidly
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dozie ohaeri
dozie ohaeri@dozieohaeri·
@FinPlanKaluAja1 Fixing all 4 & borrowing to buy a $150m jet that can provide 22,000 farm SMEs with ₦10m single digit 5 year loans which would've created 1m jobs. Drives around in 100 car convoys to nowhere. Insecurity & inflation keep rising
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Arinze Maduekwe
Arinze Maduekwe@arinzemaduekwe·
@FinPlanKaluAja1 Buhari didn't borrow "to import PMS". Buhari bartered crude oil for PMS. This is why Tinubu's supporters falsely claimed that Buhari had removed subsidy from the budget, and people believed them Tinubu hasn't fixed borrowing Tinubu printed Naira DSDP with local refineries works
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Kalu Aja
Kalu Aja@FinPlanKaluAja1·
@shugabamusa100 failed but built 10 brand new power plants? are you for real?
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Kalu Aja
Kalu Aja@FinPlanKaluAja1·
I am not an expert in power, but this is my understanding. I would like to know whether power experts agree or disagree. This is my summary 1. Nigeria needs massive investment in power infrastructure 2. Nigeria and Nigerians can't fund this investment because it's in USD; turbines and natural gas 3. To attract investment in Nigerian power, the tariffs paid by the Nigerian consumers have to go up. 4. Nigerian consumers can't afford higher power tariffs. 5. In other nations, the government will subsidize the power cost via subsidies, so that consumers can pay lower today but higher tomorrow as they boost consumption and investment due to power availability. 6. Nigeria also subsidized power to consumers via the Multi-Year Tariff Order MYTO); however, as the MYTO is winding down, the consumers' incomes have fallen, thus it's very hard to raise power tariffs 7. If tariffs don't rise, investors or $ won't come 8. If investors don't come, power generation and distribution will not improve, meaning fewer users of grid power and a higher average power cost. 9. The critical issue is the cost of power paid by consumers, and thus tariffs guardian.ng/news/rising-en…
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Adexy
Adexy@enprolos·
@FinPlanKaluAja1 @shugabamusa100 Gas,Nuclear energyand coal plants is the way forward. What investors hate is price fixing. We have ool windfall now. Government should declare it , agree with the governors and invest in gas fields and new transmission grid
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Adexy
Adexy@enprolos·
@IAmCruce @FinPlanKaluAja1 Subsidy is alway wrong in developing coutries. Government meed to priotise it and invest. And liberalise pricing. Private sector will invest when they nlknow there is no price fixing and government is in the business too to compete with. Govt can sell it's stake later.
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Cruce †
Cruce †@IAmCruce·
@FinPlanKaluAja1 Correct. For a start, the govt can pay subsidies, which is guaranteed ROI for investors - where investment triggers the subsidy, or it can eliminate all taxes on embedded generation below industrial capacity. Then, build capacity from there.
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Adexy
Adexy@enprolos·
@FinPlanKaluAja1 @shugabamusa100 We need down stream and upstream investment. Develop gas fields ( very expensive and opportunity cost), upstream transmission lines, transformers, ...it's alot. It's a long term continuos investment that has to have a standing deduction not budgetary.
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Westafricanherbs
Westafricanherbs@ogwubuike·
@FinPlanKaluAja1 Yes because it costs more to generate power from Delta and Port Harcourt & send it to Osun, before distribution. In the course of wheeling it to the national grid at Osun, some will be lost. Also, gas is in abundance in these area making power cheaper without transporting gas
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Crypto Buffett
Crypto Buffett@warrybuffett·
Agreed.. My point is.. why is Federal govt not looking in that direction given we have huge gas reserves? While is the proposed solution sounding like: We either increase tarrif or there is nothing we can do.. Then there is clearly a third option... Massively invest in gas drilling(either state or privately owned) sell it to power generation companies at breakeven cost not Intl prices.. Only one huge overhead cost but long term cheap benefits
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Crypto Buffett
Crypto Buffett@warrybuffett·
@FinPlanKaluAja1 Since most of the power generation is via gas.. Why can't we nationalise some gas field and use it purely for power generation? Own by state firms and reduces the power prices significantly
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Adexy
Adexy@enprolos·
@FinPlanKaluAja1 Excellent submission. Please ask @PeterObi what he learned from Egypt out of all you've listed. Tenkiu
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Adexy
Adexy@enprolos·
@FinPlanKaluAja1 "Conditional cash transfer" is the name as Progresa in Mexico and Brazil. If you ask @PeterObi he can tell you about Bangladesh.
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Kalu Aja
Kalu Aja@FinPlanKaluAja1·
If your democracy is giving impoverished citizens envelopes with cash, then it's not different from prostitution.
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