The Pi Mainnet is upgrading to Protocol 23 – Deadline: May 15.
All Mainnet nodes are required to complete this step before the deadline to remain connected to the network. This upgrade takes longer to complete, so plan accordingly.
Details here: https://t.co/9VehO7hhj1
When Borrowing is Leprosy and cancerous.
Mr. President, borrowing is not only a leprosy, but a killer cancer when it is borrowed for consumption and not production as it is in Nigeria today.
Borrowing for consumption slowly eats away at the health, reputation, and autonomy of a nation. One of the major “leprosy” afflicting Nigeria today is not just debt, but debt without productivity. Debt that is not tied to measurable economic value. Debt that does not translate into jobs, growth, or improved living standards for the Nigerian people.
No serious economy borrows recklessly. Nations borrow with discipline, with purpose, and with a clear plan for repayment through productive investment.
Fiscal Responsibility Act 2007 provides that “Any government in the Federation or its agencies and corporations desirous of borrowing shall, specify the purpose for which the borrowing is intended and present a cost-benefit analysis, detailing the economic and social benefits of the purpose to which the intended borrowing is to be applied”
Cost-benefit analysis must show how the loan would be applied, how it will impact economic growth and improve the welfare of Nigerian citizens in measurable ways.
Most of the borrowings by this government do not satisfy the requirements of law or the requirements of economic common sense. The humongous borrowing so far does not show how the projects for the loans enhance the productive capacity of the nation and the welfare of Nigerian citizens.
These loans are also dangerous because they burden the capacity of the Nigerian state to improve the economy in the future, as we have one of the world’s highest debt servicing ratios. What matters is not debt-GDP as much as debt-debt servicing ratio because the latter constrains our capacity to finance the sectors that drive human development and economic growth.
If the money is wrongly spent as we do in Nigeria currently, it becomes double jeopardy because you are using current revenue to service debts that did not add to revenue or improve capacity for more production in the future.
A responsible government does not merely defend borrowing; it explains it, justifies it, and most importantly, ensures it works for the people.
A new Nigeria is POssible. -PO
Secret of making generational wealth:
Buy and hold TON memes.
Telegram started to go all in on TON.
Over 64,800,000 TON ($85,536,000) moved into the TON Elector Contract in the last hour.
This is not a normal whale wallet.
The Elector is TON’s validator/staking contract, handling validator elections and locked stakes.
you can be at the right place at the right time.
JUSTICE CRACK WAS ABDUCTED BY THE NIGERIA MILITARY AND THIS IS DAY4 OF ABDUCTION AND T0RTURE‼️
PLS NIGERIANS HELP US TELL BRIGADIER GENERAL W A ADEGOKE TO RELEASE THE INNOCENT MAN HE ABDUCTED SINCE TUESDAY!
A MILITARY THAT RUNS AWAY FROM KIDNAPPERS ONLY TO COME BACK HOME TO KIDNAP INNOCENT CIVILIANS!!! COWARDS!
#Justiceforjustice #justiceforcrack
REPORTS HAS IT THAT JUSTICE CRACK HAS BEEN TIED UNDER THE SUN FOR 2DAYS NOW…NO FOOD NO WATER TILL THIS MOMENT!!!
THE NIGERIA MILITARY IS WICKED!!!!
NIGERIANS PLEASE SAVE JUSTICE CRACK FROM THE DIRECTIONLESS @HQNigerianArmy@DHQNigeria 💔
ALL HE DID WAS ADVOCATE FOR THE POOR SOLDIERS….HIS FAMILY IS SO BROKEN💔
PLS HELP RTW HELP TAG WHOEVER CAN HELP JUSTICE…NOBODY DESERVES THIS… #freejusticenow #justiceforjustice
I want to give a massive shout out to Disney. Once a year when I have Make A Wish requests they let us use their parks to give the kids the greatest days of their lives. We recreate our videos in the park and Disney goes so above and beyond to make the kids happy. Very grateful🙏🏻
Man stormed an MTN office after his 150GB one month unlimited plan got exhausted in just 6 days and they couldn’t even give any reasonable explanation!!! This is what we all need to do!!! The way data plans disappears lately is ins@ne💔💔