Ojeks
1.1K posts

Ojeks
@talktonelsonb
Crypto | Tech | Business
Land of the living Katılım Ağustos 2024
363 Takip Edilen14 Takipçiler

@talktonelsonb @BusinessDayNg @Alausa_ Where did you see low GDP?
What is high inflation compared to the figures before he came to office?
How did you arrive at the warped conclusion of eradicating the middle class?
What informed these elementary & pedestrian claims?
Do you know what you are even talking about?😏
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@Grrr33 @ChelseasTopBoy But sitting 10th on the table with no trophy to his name!! Is that what Chelsea is now doing? Tactical astute? 😂
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@ChelseasTopBoy Tactically astute enough to have won against Pep, Arteta, Slot, ...
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@Josh196z @BoldlyNigerian But your leaders are not suffering?
You on the other hand have been suffering since independence! And it's not going to get easier with the way they are taking loans to fund their lifestyle
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@BoldlyNigerian Nigerians are intelligent but majority have no wisdom.we need to suffer now to enjoy later
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Cos Nigeria has a $2.3trillion infrastructure deficit. Nigeria is also one of the lowest taxed countries in the world.
On very good years, the highest we make from oil revenue is $25Billion. This means if we rely on oil & taxes alone, it will take us about 200 years to catch up.
Aminu Dalhat@AminuDalhat
I’m sorry to say but we may end up suffering for nothing from the pains of removal of subsidies and devaluation of the Naira. Why are we going back on this borrowing spree now?
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@RIAOFIBADAN @Banky_Tv_ Weyrey nii God sees my plan and resolve to serve humanity 😂🤣😭😭
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@anthonyuzum I've been seeing the UBA buzz for 2 weeks now, You didn't see it because you're buying too 😀.
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Who’s been hyping UBA? I haven’t seen many people mention it on X. I’ve been buying it quietly for months. It’s still a solid top five bank in Nigeria, trading below its book value of ₦102, and I’ll earn an 8%–12% dividend yield for holding it.
ANIJUNSI CHRISTOPHER.@anijunsichrist
@anthonyuzum What is this hype around UBA ? Hmmmm
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@WESTERNERS17 @UnkleAyo Weyrey you successfully sneaked out commander-in-chief BUHARI, Tinubu (who said he's buhari) and Sanwoolu. But found a way to say it's Malami 🤣😂🤣😂.
Your brain is working backward.
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@mrabiodun01 @UnkleAyo The same way your president was responsible for the OPC RIOTS deaths in Lagos during his tenure. He also haven't accounted for it.
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@UnkleAyo Sanwo Olu is a fantastic governor nothing else you can say that can dispute that. His records and performance are there. Your Agulu messiah was responsible for the killing of youths at Ezu river and he give hasn't been hold accountable for that till date. Rest, Obidiot.
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@Nairametrics This is not accurate and create panic, it's high tine fir us to explore other source of energy. Its should have been " Hotels and other businesses are exploring other sources of energy.
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Inflation is hitting hard, and energy prices are skyrocketing. Businesses, including hotels, are shutting down generators because they can't afford the costs.
Food prices are rising, and your purchasing power is shrinking. Want to know more about how this is affecting you?
Watch the full video on YouTube now!
youtu.be/lIr4ScQy8sg

YouTube
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@oluwaseun_alaka @osunsinatolu You’re right that $4bn net reserves is alarming, it indicates tight external liquidity and policy constraints.
But it’s not equivalent to institutional collapse; it’s closer to being dangerously exposed rather than already failing.
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@oluwaseun_alaka @osunsinatolu Low net reserves mainly point to a balance-of-payments risk, not immediate institutional collapse. Countries can operate with weak reserve buffers for a *while* if they:
Restrict FX access (which Nigeria did)
Borrow externally or attract FDI
FX liberalisation (which wasn’t done)
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This is exactly the same thing I’ve been thinking about for a while. It appears like we’ve confused good policy design with good policy outcomes.
Subsidy removal, FX liberalisation, tax reforms and those “hard economic policies” sound good and they appear correct on paper. But these policies assume a functioning safety net, productive capacity that can absorb the shock, and a state that reinvests the savings into the people. Strip those away and you’re not implementing any reform, you’re just transferring pain downward which is what this administration has been doing.
Three years in and the people have not benefited from these policies. Commodity prices up 3–4x, school fees unaffordable but ofc, there is NELFUND lol, real wages destroyed. The “savings” from subsidy removal haven’t visibly returned to citizens in any form.
Good policies without structural follow-through aren’t good policies. They’re just austerity disguised as improvements and we all would be used as collateral damages for the perceived improvement.
Nairametrics@Nairametrics
Something about Nigeria’s economy isn’t adding up. Good policies but fragile reality. What are the warning signs? Watch the full breakdown: youtu.be/lIr4ScQy8sg
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@oluwaseun_alaka @osunsinatolu But it would have steadily increased the risk of a broader fiscal and economic crisis over time.
Not immediately!!!
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@talktonelsonb @osunsinatolu All those are irrelevant in the face of the total failure of the financial system.
If the FG and CBN goes burst, the banks and your pensions goes burst, ARE you aware?
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@oluwaseun_alaka @osunsinatolu Macroeconomic stability is only one metric.
Citizens experience policy through
- Inflation (which spiked after subsidy removal)
- Cost of living (transport, food, energy all rose)
- Real income erosion
And for the past 3years, these things have been on the rise
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@osunsinatolu But the subsidy removal was not intended to return savings to citizens. It was intended to prevent fiscal collapse.
Fiscal Collapse has been prevented, how is that not a success?
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@oluwaseun_alaka @osunsinatolu Governments are usually expected to translate fiscal savings into public benefit—like infrastructure, healthcare, education, power, If that link isn’t visible or credible, the policy feels extractive rather than corrective.
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@oluwaseun_alaka Guess how many companies he manages and not just store? 😂
But you, see how you’re fooling around 😂😂
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Obidients don’t want to hear that their man doesn’t have the competence to be a store manager
Duru Bond@Bond_not_james
I voted for Obi in 2023 and this is why I don’t believe in him anymore. He has clearly shown he doesn’t have the capacity for the job he’s running for.
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@iam_wahab @egi_nupe @seyilaw1 Go and do what? 😂🤣
Person wey no Dey intelligent like that, watin he wan talk?
Nigerians are killing Nigerians? 😂
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Thank God I didn’t honour the invite when these guys invited me to their podcast. Imagine sharing a seat with this kind of person? I wonder how @seyilaw1 coped throughout. I would have walked out.
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@ikponmwosaye @BusinessDayNg @Alausa_ I don't have time for your shenegans. Goto your whatsapp group and argue with them.
Look up Google, you'll get answer to all your questions.
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