Dew.
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Okay, I understand that, in the eyes of many people, Tinubu is this and that, he is bad as he comes. He is devil first son and everything about him is not straightforward. We deserve better as a blablabla
But why does it seem that so many people within the Obidient movement struggle with basic economic reasoning? Almost every argument I have encountered on this particular issue, from prominent voices like Kalu Ajah to the random Obidient on social media, seems to be a display of either sheer ignorance or deliberate propaganda.
Take the recent argument over fuel prices, for instance. Cross was debating the possibility of reducing the price of petrol without bringing back fuel subsidy. He even suggested that the additional revenue from crude oil rising from the budget benchmark of about $65 to around $125 per barrel should be used to reduce fuel prices.
But that argument is not as straightforward as it sounds.
The fact that government earns more revenue when crude oil prices rise does not automatically mean that the additional revenue should be used to reduce petrol prices. There are several other considerations: deregulation, actual oil production and government revenue, fiscal obligations, exchange rates, refining costs, distribution and logistics, and the longterm sustainability of whatever policy is adopted.
Some were even asking why Nnpc fuel isn't cheaper that Dangote fuel.
The other day it was Aisha yesufu saying crude oil that is sold on Nigerian soil for Nigerian consumption must not be dictated by the international pricing, is this the same set of people that wants to government Nigeria and they are so clueless about the simple working of the government.
This is what worries me.
As a people, while we demand good governance, accountability and better economic management from government, we should equally be concerned about the quality of economic arguments being promoted within our political movements.
Criticising a government is legitimate. Holding leaders accountable is necessary. But criticism should not come at the expense of basic economic reasoning.
If a significant portion of our political discourse is driven by misinformation, propaganda or a poor understanding of public finance and subsidy economics, then that should worry us regardless of which political camp it comes from.
We should be able to demand good government while also demanding better reasoning from ourselves.
Political loyalty should never become an excuse to abandon logic.
Why will the President award a contract worth $7 billion without any public bidding? No other company reportedly bid for the contract, yet it was awarded to the same person who was awarded the $11 billion Lagos-Calabar Coastal Highway contract. The same person! I honestly can’t wrap my head around it.
Do we really need another seaport in Ogun State if the idea is to decongest Lagos? What happened to Port Harcourt? What happened to Warri? What about the ports in Rivers State? What about Calabar? The South-South has major deeper waters, so I’m genuinely trying to understand the reasoning behind this.
Anyway, Nigerians, accountability is important. But when those in power ignore our questions, what exactly are we supposed to do?
Lolz.
When it’s time to benefit from your “South West” neighbours, it’s conveniently called Nigeria. But when the situation is reversed, suddenly it becomes “the East.”
At least the current situation in Nigeria has shown us that we are nowhere near as united as we pretend to be. All it takes is the courage to own up to your tribalism instead of disguising bigotry behind clever narratives.
Own it like a true son of Alaigbo and stop being disingenuous. People can see through it.
Ogbon sodiq
Lolz.
When it’s time to benefit from your “South West” neighbours, it’s conveniently called Nigeria. But when the situation is reversed, suddenly it becomes “the East.”
At least the current situation in Nigeria has shown us that we are nowhere near as united as we pretend to be. All it takes is the courage to own up to your tribalism instead of disguising bigotry behind clever narratives.
Own it like a true son of Alaigbo and stop being disingenuous. People can see through it.
Ogbon sodiq
Lolz.
When it’s time to benefit from your “South West” neighbours, it’s conveniently called Nigeria. But when the situation is reversed, suddenly it becomes “the East.”
At least the current situation in Nigeria has shown us that we are nowhere near as united as we pretend to be. All it takes is the courage to own up to your tribalism instead of disguising bigotry behind clever narratives.
Own it like a true son of Alaigbo and stop being disingenuous. People can see through it.
Ogbon sodiq
Our country is beautiful. At 29 in 1998, I jumped into my car with my girlfriend, drove from Lagos to Ogoja. My friend, now Prof Chijioke Uwasomba, joined from Ife. First sleep over. Benin. Onwards Warri for a few days. Off to Port Harcourt. Later Aba. Prof dropped off.
Just another day doing business. 🤝💯
Surrounded by products people need every day, from refrigerators and freezers to ACs, generators and more.
I love the business side of things. 🏪📈
Let’s keep building.
@UnkleAyo@FRSCNigeria@FRSCNigeria ke, Dem useless gan
If nuisance like Dj Chiken can still drive around, you can as well bet they would turn blind eyes to this
All they know is to collect 500 from drivers
Some of these people who produce low-quality blockbusters for the cinema every December can use their money to hire people like Tade Ogidan and Tunde Kelani to direct their work.
You don’t have to be the actor, director, and everything else on your project.
That’s why the work doesn’t have much rewatch value, except for low-IQ people, of whom there are many in the country.
This guy is brilliant, It takes an intelligent person to be socially aware and cautious of how their words affect others.
The other guy is too slow to know the kind of words to throw around as a Global star.
@erigganewmoney This guy is brilliant, It takes an intelligent person to be socially aware and cautious of how their words affect others.
The other guy is too slow to know the kind of words to throw around as a Global star.