Elisheba

13K posts

Elisheba

Elisheba

@sweetlskin5

Meekness is a virtue | Positive Thinker | Since you're here, follow me | ifb

Secret Place of The Most High Katılım Mart 2010
2.4K Takip Edilen2.4K Takipçiler
Elisheba
Elisheba@sweetlskin5·
Setting up a direction? After 3 years? In an environment or economy like Nigeria, what the people need are impact investments, not white elephant projects. Dear sir, I'm sure you have realised your mistake by now😁. BTW, do you know that the government you're defending does not take feedback from those who voted for them? They carry on with whatever they want to do, regardless of how it will affect majority of the citizens. That's not a representation, it's dictatorship.
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Akinwumi
Akinwumi@Big_marvis·
@sweetlskin5 This administration is setting up a direction already. We should only borrow to invest in projects rather than borrowing to pay salaries and subsidies, because the country will never grow that way
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Akinwumi
Akinwumi@Big_marvis·
WHY IS TINUBU BORROWING? I AM GOING TO BE VERY BLUNT HERE. Please I beg you, this post is very important. SHARE it. President Asiwaju Bola Ahmed Tinubu came to the Senate yet again seeking to borrow the sum of $516M . The purpose is to finance the finishing of the Sokoto-Badagry highway. And to this ,the Senate President says, "It Is Better To Borrow For Projects To Improve Road Safety And Foster National Integration" — Senate President, Akpabio I have received several calls from friends who say "You see am? Tinubu is borrowing again." Then I ask, what's it with you people and his borrowing again? I believe you don't know,now I want to answer you on why previous administrations borrowed and why he's borrowing. Let me break it down to the layman's understanding. Have you ever borrowed money before ? Either from your friends, micro finance banks or those online Apps that give many sleepless nights?🤣 I assume the answer it YES? So why did you borrow? Perhaps you needed to start a small business or increase your business or you're on a project ? So why did you borrow to execute the project? The answer is simple. Your productive capacity is not enough to produce the money you need to finance your projects. Now imagine that you're a guy who inherited ten plots of land. Before now a plot there was selling for just one million. Then suddenly a maga company came there and built a factory and a federal university moved in there too. The value quickly shot to 30M per plot. 10 plots will be N300 M. You sold all of them and you were swimming in Money. Then you made no further investments with the money. You squandered the money. And before one year you were back to square one. So if you're going to survive, manage to start a business, send your kids to school, feed, and finance your other needs , what will be your option? Miracles? No. You'll borrow. Let's say you've learnt your lessons, borrowing is not a bad thing as long as you're using the money to invest in things that will generate profit and enabling you pay back. And in five years, you could become a successful businessman again. So this is the case with Nigeria. Previous administrations squandered golden opportunities for Nigeria to prosper. Jonathan administration especially enjoyed oil boom and earned $300 billion. That was our opportunity to industrialize and blow up , but the money ended up in private bank accounts. We're borrowing $516 M now , but Jonathan's petroleum minister , Diezani Madueke-Allison alone disappeared $20 billion. Till today that money can't be found. From my post last night you could see testimonies from Central bank Governors Soludo and Sanusi plus Dr. Ngozi Okonjo-Iweala saying that, "Whoever would takeover from Jonathan in 2015 would suffer because he will have no money to run government." Remember, all these three served in that government and they had this testimony about it? Let me tell you, whoever tells you that if he becomes Nigeria's president today he won't borrow, that person is not being honest. What miracle is he going to do? If you don't have money , how are you going to finance projects? Unless he's going to do what Peter Obi did in Anambra - keep money in the bank and do no major transformational projects. Play baba Ijebu Economist. Is this what we want? You could see what Tinubu needs this money for? A major highway linking Lagos and Sokoto -northern business Axis. This road is linking products to customers. This is why I tell you to pay attention to every move Tinubu makes. See the sense in them. I tell you that this road will finance the repayment of that loan before the end of one year. The biggest road revolution in this country is this Badagry-Sokoto and Coastal road. They'll blow up Nigeria's economy greater than anything you've seen. I support Asiwaju with my full chest. A leader who makes moves that matter. Even when the moves are unpopular.
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Elisheba
Elisheba@sweetlskin5·
@Big_marvis Exactly. That getting better bit by bit is what Nigerians are not seeing after 3yrs in office.
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Akinwumi
Akinwumi@Big_marvis·
@sweetlskin5 If you expect all this problems to vanish immediately then you will continue to blame the government for years to come regardless of whoever the president is. All this problems can only get better bit by bit and it takes time.
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Elisheba
Elisheba@sweetlskin5·
@cool6oylee @Big_marvis Yes, active at political events or close gatherings. Then they'll cut a part of his speech and send out. That's not him speaking to Nigerians.
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Lee
Lee@cool6oylee·
@sweetlskin5 @Big_marvis This is true but recently the president has been active 🔥🔥🔥❤️❤️
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Sommy Praise
Sommy Praise@godwin_grasy·
Have a good and most blessed day ❤️
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Elisheba
Elisheba@sweetlskin5·
@Big_marvis So we can now agree that Nigeria does not have a clear direction yet?
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Akinwumi
Akinwumi@Big_marvis·
@sweetlskin5 All the issues you mentioned are long overdue issues that can only be resolved with rooted and systemic solutions and they will not be resolved in 3 or 6 years, they will only get better when the country has a clear direction that subsequent leaders will follow.
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yeminem
yeminem@waleolayemi93·
@Irikefe12 @sweetlskin5 @Big_marvis Did you ever attend a government class in your secondary schl ? If you didn't go and read more on POLITICAL WILL AND UNPOPULAR DECISIONS !! When you are done we will have civil conversations.
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Elisheba
Elisheba@sweetlskin5·
@AafinOmoEko @Big_marvis Don't even stress yourself. Most of those institutions keep giving out loans without proof of what they did with the ones they gave before. They are complicit in this whole situation.
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Elisheba
Elisheba@sweetlskin5·
Thank you. I agree, macro stability elevates the micro but US/Iran war has nothing to do with the elevated level of insecurity, nor does it have to do with power supply. Food shortages are everywhere, unemployment is increasing, roads are still bad, accountability is still lacking, corruption is still happening, I can go on. For most of these issues, it's just getting worse.
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Akinwumi
Akinwumi@Big_marvis·
Macroeconomic conditions is never felt by the masses until it start to improve the microeconomics indicators. The macroeconomic situation has improved immensely and that’s why you keep hearing IMF, the World Bank and other financial organizations praising Tinubu for his reforms. People were beginning to feel some ease before the unfortunate war started at Iran and disrupted everything. Fuel was around 700 before the war started and prices of all food items also reduced significantly
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Elisheba
Elisheba@sweetlskin5·
I'm actually curious to know what is happening in Nigeria. Before Tinubu became the President, we were told that government officials stole a lot of money and that subsidy on fuel and power was a fraud. Fast forward to 2023, fuel and power subsidy was removed but some Nigerians now pay cN225 per kwh for power yet there's no constant supply. Nigerians now pay N1000 for fuel (before US/Iran war), yet we now refine the commodity locally and there's no payment of subsidy. Living expenses has increased 4x since 2023 and Nigerians have now found themselves struggling to survive rather than living. There's no incentive to stay in Nigeria. No visible development, no economic prosperity opportunity for the youths, no solid economic indices, just political comment at gatherings with no proof. I would have thought that if the policies are working, the government does not even have to say anything. The citizens would do the heavy lifting. Why is it that in Nigeria, it is the government that is telling the citizens what they're doing since the citizens are saying they cannot see it. Na wa o.
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Elisheba
Elisheba@sweetlskin5·
@Big_marvis Granted. 3yrs down the line, is the macro-economic situation any better now? For me, NO. If the living conditions of your citizens are getting worse,you should know you're doing the wrong thing. Humility would have done that. Nigerians living in Nigeria are getting poorer.
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Akinwumi
Akinwumi@Big_marvis·
@sweetlskin5 The living conditions of the masses was truly okay, but the macroeconomic situation was plummeting and tending towards bankruptcy because subsidies was not longer sustainable since 2012, but politics was what dragged or delayed it removal until 2023
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Elisheba
Elisheba@sweetlskin5·
@Big_marvis Regardless, the brain will still process that information as a side of the story. Leaving Nigerians to thrive on rumour is terribly bad. At least, tell us why you're taking a course of action. We don't have to agree. So many questions but no answers. Too bad
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Akinwumi
Akinwumi@Big_marvis·
@sweetlskin5 True. But most people want to believe what they want to believe regardless of what he says or do.
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Elisheba
Elisheba@sweetlskin5·
@ArcSadam Simple: Get evidence and report to your husband if you're truly not interested. Record your conversation or calls.
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Sadam
Sadam@ArcSadam·
“I’m a married woman with 3 kids, and I really need honest advice because this situation is getting out of hand. It all started after my last birthday. My husband’s elder brother sent me 100,000. I was surprised, so I called him to ask why. He said it was a birthday gift. I even told him it was too much, but he insisted I should accept it. Out of respect and transparency, I told my husband. He even called his brother to thank him. But that’s where everything changed… Later, my husband’s elder brother called me and warned me never to tell my husband again whenever he sends me money. That alone made me very uncomfortable. Then things got worse. Whenever my husband travels, he starts asking me to meet him in private places. I refused the first time, the second time, even the third time. Then one day, he came to our house and confronted me, angry that I didn’t show up. I stood my ground and told him clearly: I cannot meet you alone anywhere. But instead of stopping, he pushed further, He told me he wants to buy me a new car. He even suggested I should lie to my husband, that I took a loan, sold my old car, and upgraded, without telling him the truth. At this point, I feel disrespected, uncomfortable, and honestly disturbed. I haven’t told my husband yet. but I’m wondering if I should. If you were in my shoes, what would you do? Keep quiet to avoid family drama, or speak up before it gets worse? I really need your advice”.
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Elisheba
Elisheba@sweetlskin5·
@OsosaChris Let's take the information on the surface and be happy. But biko, where did all that savings go? For me, I'll say the subsidy/benefit was taken away from Nigerians and given to less than 40 Nigerians called Governors. Don't forget they also control LGA allocations
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Chris Ososa Asuelime
Chris Ososa Asuelime@OsosaChris·
OBJ spent $60Billion in 8 years to defend the naira against the dollars. Yar'dua spent $58Billion/Jonathan $145Billion in 8 years to defend the naira against the dollars. Buhari spent $125Billion in 8 years to defend the naira against the dollars. Tinubu has spent $0 dollars in defending the naira against the dollars. President Bola Ahmed Tinubu is making the hard decisions that will give the nation structural stability in true growth that will be sustainable. This is the true definition of nation building. The Renewed Hope Agenda of Mr President will birth a new Nigeria redefined in national growth and prosperity. Thank you Mr. President for your courageous leadership!
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Szymanski
Szymanski@Szymansk_ii·
I had to use my Samsung to zoom in & enhance the quality of this image so y'all can observe with me, abeg where ruth dey invest her money, i for like join her.😂
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