Tonna

Furniture Craftsman •Hands that builds •Mind that learns

[Tonna @WisdomAustin8]

@IgboHistoFacts Arizona

[Oku @oku_yungx]

THIS IS A MUST WATCH DOCUMENTARY NIGERIANS. 📌

BRUH, Nigeria is clearly at fracture point and i don’t even know what to say and how to feel anymore.

After seeing this, you might become more sad.

Financial Dealings from OBASANJO’s Administration down to APC.

[👑 Chioma Kanu @chiomakanu]

Iseee!

[Tonna @WisdomAustin8]

@IamThatNaijaGuy Summarize @summarizest

[Tonna @WisdomAustin8]

None!

[Toyyib Adewale Adelodun @taadelodun]

UK Prime Minister released his tax statement.He paid 23% tax last year. His salary as an MP and Prime Minister is £139,477.

Rest of income mainly from investments. Total earnings was about £2.2 million,he paid tax of about £500,000

Which of our leaders have shown us their tax? or income?

[Tonna @WisdomAustin8]

PayPal said it expects earnings to be flat this year as the fintech company continues to work on cutting costs and the streamlining of its businesses https://t.co/wp6KNCPoLI via @technology

[Tonna @WisdomAustin8]

PayPal said it expects earnings to be flat this year as the fintech company continues to work on cutting costs and the streamlining of its businesses https://t.co/wp6KNCPoLI via @technology

[Tonna @WisdomAustin8]

@myaccessbank I left my previous bank because off this same issue

[Tonna @WisdomAustin8]

@myaccessbank Almost a week now I made a bill payment and was debited without the beneficiary being credited, no reversal, no support response on the app.. just so frustrating 😠😠😠😠

[Michael Chibuzo® @chibuzo_mikel]

The Cardoso Naira vs Dollar Chess Game: A Fight to the Finish

By Michael Chibuzo

I have watched very keenly the flurry of activities in Nigeria's foreign exchange market in the past couple of days. It is obvious that the Central Bank of Nigeria under the leadership of Dr. Yemi Cardoso has laid down a monetary chess challenge with the dollar and operators of Nigeria's foreign exchange market.

On 22nd September, 2023, Dr. Yemi Cardoso assumed office as the new Governor of the Central Bank of Nigeria. For two months, he did not make any key statement on the policy direction of the CBN until November 24, 2023 when he laid out what may be described as his first monetary policy speech at the 58th Chartered Institute of Bankers of Nigeria’s annual dinner in Lagos.

The key takeawys from Cardoso's speech at the dinner as it affects the Nigerian economy include the following:

- There is a continuous decline in Nigeria's crude oil production, which has led to a decline in government revenue and foreign exchange inflows;

- There is a growth in public expenditures to meet up with the required pace of growth. The combination of INCREASED public expenditure and REDUCED net public revenue led to fiscal deficit and public debt increase, placing additional strain on external reserves and contributing to exchange rate instability;

- Insecurity remains a pressing issue, affecting the agricultural, industrial, and services sectors simultaneously. The net effect is reduced national productivity, food shortages and inflation; and

- Unavoidable fuel subsidy removal and foreign exchange unification policy exacerbated a worsening macroeconomic indicators.

So, in essence, Cardoso highlighted significant challenges facing the economy to include high and rising inflation, inadequate foreign exchange supply, depreciation of the exchange rate, limited external reserves, weakened output, and high unemployment.

He said that the CBN will prioritize price stability to safeguard the livelihoods of Nigerians (ie tackling inflation) as well as stabilizing the exchange rate. These two areas if achieved will promote economic stability. The big question was always HOW.

The first thing Cardoso sought to do (in his words) was "to build back a better CBN" that had been painted in bad light over the past few years due to various factors such as corporate governance failures, diminished institutional autonomy of the CBN, a deviation from the core mandate of the CBN, unorthodox use of monetary tools, an inefficient and opaque foreign exchange market that hindered clear access, a foray into fiscal activities under the cover of development finance activities etc.

From the look of things, it was obvious that Cardoso was ready to make audacious policy u-turns from what was obtainable in the CBN. Strangely, he decided to bid his time before holding a Monetary Policy Committee meeting (last one was held in July, 2023). Obviously he wanted to clear the monetary table of a lot of 'debris' before constituting an MPC meeting.

The volatility and lack of adequate liquidity in the foreign exchange market (which had earlier been liberalised) posed the most immediate challenge to Yemi Cardoso and he understood the implications for businesses and investors. This is why it appears he took it up as his topmost priority.

At that CIBN dinner, Cardoso said, "in order to ensure the proper functioning of domestic and foreign currency markets, CLEAR, TRANSPARENT, and HARMONISED rules governing market operations are essential. New foreign exchange GUIDELINES and LEGISLATION will be developed, and extensive CONSULTATIONS will be conducted with banks and FX market operators before implementing any new requirements."

On January 22nd, the CBN fixed February 26 - 27 as dates for its 293rd Monetary Policy Committee meeting - the first since Cardoso was appointed more than four months ago.

[Funnybros @funnybros__]

Funnybros packs out finally 🤣🤣🤣

[Aesthetic WorkOut @aesthetics_way]

Dumbbell Full Body Workout save this;

[Poonam Soni @CodeByPoonam]

How to use AI to start your business in just 1 day:

( This will save you lots of time and money ):

[African Fabrizio @olisaemeka_G]

SO GUYS, I HAVE A YOUNGER BROTHER WHO PLAYS FOOTBALL. HIS NAME IS ONYEDIKA EZEASOR.
THIS MAY SOUND CRAZY OR EVEN FUNNY, BUT THIS BOY IS AS TALENTED AND VERY SIMILAR IN STYLE OF PLAY AS JAMAL MUSIALA AND FLORIAN WIRTZ. HE PLAYS AS A CENTRAL ATTACKING MIDFIELDER OR LWF.

A Thread

[Culture Desk @Culture_Desk_]

5 Best Exercises for big stronger legs (No Equipment)

[Poonam Soni @CodeByPoonam]

Google just launched VideoPoet, and it's insane

It's literally ChatGPT for:
- Text-to-Video
- Image-to-Video
- Inpainting
- Video Editing

Here're 10 wild examples:

[Reno Omokri @renoomokri]

The vast majority of humanity are not even conscious that they are the product of other people’s choices. If you were born in Saudi Arabia, you would be a Muslim. If you were born to Jewish parents in Jerusalem, you would be a Jew. If you were born in Italy, chances are strong that you would be a Catholic. If you were born in England to English parents, you will likely be an Anglican. What role did you play in deciding your religion? Nothing.

Less than 1% of Earth’s population chose their religion. Geography and history made that choice for them. And then, throughout their lives, those choices are reinforced by indoctrination. From the cradle to the grave, most people are programmed robots.

I am reminded of a book, The Pirate, by Harold Robbins. In the book, a Jew who lost his wife in a desert sandstorm, gave his son to an Arab family so the child would not die. The boy grew up to become a fanatical Muslim who was against Jews.

Badyr Al Fay’s story happened in 19th Century West Africa in the real life story of Afonja, of Ilorin. Afonja, an ethnic Edekiri (an ethnicity now known by the historically inaccurate name of Yoruba), asked Alimi to teach his son, and his son took to Alimi and became an adherent of Alimi’s ideas. The rest is history.

So stop hating people of other religions as yours, even if that religion is an opposing one. I take myself for example. With the love I have for God, if I were a Muslim, I would go to any extreme allowed by my religion to project my faith. That is the programming.

That I am a follower of Yeshua today, is because I was able to reject my family's Catholicism and Anglicanism and take both Scripture, the Bible and al-Quran and read them, as well as other books, and make my own choice. But how many of Earth’s 7 billion people have that luxury? Most people today find two paragraphs too long to read.

In 2019, I was in Nepal and Cambodia, mingling with Buddhist priests and students. If I had been born in either country, who would have taught me about Christ? These were decent men who feared God but believed Him differently than I did.

Even as a member of the sect of the Nazarenes, I visited Ethiopia seven times a year and twenty-five times in my life, and with the purity of Christianity I saw there, I had serious doubts that Christians and Muslims really understood their religion. Without Ethiopia, both Orthodox Christianity and Islam may not have survived in their purest forms.

So, if I hate practitioners of other religions and call them arne, or unbeliever, or infidel, as my programming would have me do, they would automatically hate me and reject Yeshua. But if I tried to understand them, they would open up and perhaps want to understand my Saviour.

If you are a Christian, you do not have the luxury of hating anyone because Yeshua, Whom you purport to follow, did not come to Earth to die for Christians. He came to die for the whole world. ‘For God so loved the world that He gave His only begotten Son’-John 3:16

That is why I appreciate men like apostle Suleman. Born a Muslim. Studied and became a Malam. Heard of Christ in the Quran. Bought a Bible. Read it. Was not satisfied. Taught himself Greek and read it in original Greek and gave his life to Yeshua.

Yeshua did not come to establish a religion. He was NOT the Founder of Christianity. If He is attached to any religion, it is to Judaism. He came to reestablish man’s direct fellowship with God. Unknown to many so-called Christians, the Wisemen who visited Christ as a baby included Arabs and Persians. None was a Jew!

In His lifetime, Yeshua mixed with Samaritans, Syrophoenicians, Greeks, Romans, and possibly Edomites (Herod was an Edomite). And Scripture had this testimony about Him: “He went around doing good”-Acts 10:38

God created man. God did not create religion. Men created religion to separate men from other men.

Reno Omokri

Gospeller. Business Insider Magazine’s Business Influencer of the Year, 2022. Deep Thinker.

[DON “Tobechukwu” Ade 👑 @Row_Haastrup]

I saw this on WhatsApp & was moved to tears… 🥲
He has Alzheimers disease, was agitated midair; guess what calmed him down?
Watch ❤️

[Reno Omokri @renoomokri]

Former President Olusegun Obasanjo is unarguably the greatest Nigerian, living or dead. He was also our best-ever leader. Not because of his economic and infrastructural achievements. In that, he is tied with former President Goodluck Jonathan and General Yakubu Gowon.

The reason he is the undisputed most effective leader Nigeria has ever had is because he politically stabilised our government, and without him, Nigeria may not exist today.

Then Colonel Olusegun Obasanjo killed Biafra on January 13, 1970, and he captured the remaining rebel leaders after Colonel Ojukwu fled on January 11, 1970, and took them to Lagos where they signed a surrender agreement on January 14, 1970.

The reason this is important is that the then British Prime Minister, Harold Wilson, had informed General Gowon that the Nigerian Civil War had dragged on too long and that Britain could no longer countenance the mass starvation in Biafra, and if the Nigerian government failed to end the war by the spring of 1970, Britain would be forced to intervene to end the war by pressing for a two-state solution.

Many Nigerians do not realise that until Obasanjo became our military Head of State on February 13, 1976, Nigeria was the most politically unstable country in West Africa and one of the most unstable in Africa.

Before Olusegun Obasanjo became Nigeria’s military head of state in 1975, Nigeria had had four previous leaders. They were Prime Minister Abubakar Tarawa Balewa, Major General Johnson Aguiyi-Ironsi, General Yakubu Gowon and General Murtala Mohammed.

Of the four, three were murdered. The one who was not murdered (Yakubu Gowon) was overthrown.

Olusegun Obasanjo is the first Nigerian leader to have had a natural tenure uninterrupted by coups, death or tragedy. Think about that. When he handed over power to President Shehu Shagari on October 1, 1979, Nigeria Airways was one of the largest airlines in Africa, with twenty-five planes. And Nigeria National Shipping Line had twenty four ocean worthy ships making it the largest Black owned shipping line on Earth at the time.

And then between 1979, when he handed power to President Shehu Shagari, and 1999, when he returned as a democratically elected President, Nigeria had six leaders. 

They are the late President Shehu Shagari, Major General Muhammadu Buhari, General Ibrahim Babangida, Chief Ernest Shonekan, General Sani Abacha and General Abdulsalami Abubakar. 

Of these six leaders, five of them were removed either by a coup, civil unrest or with a gun pointed at their head. One of them died as a victim of a conspiracy whose plotters we still do not know. And the last one, General Abdulsalami Abubakar, hurriedly hashed over before the fate of his predecessors befell him. 

Olusegun Obasanjo, who returned as a democratically elected President on May 29, 1999, is the second Nigerian leader to have a natural tenure uninterrupted by coups, death or tragedy. The first was Obasanjo. General
Abdulsalami did not have a natural term. He governed for nine months as a caretaker.

He is the author of six books. An intellectual. Is able to speak truth to power and go to prison for doing so. 

And when he returned as an elected civilian President, he paid off Nigeria's entire foreign debt to the Paris Club and other Bretton Woods institutions. The thing to consider is that these were loans he did not take. Others took those loans.

And significantly, during his three terms in government (one as a military dictator and two as a democratically elected President), the only ethnicity that complained of under representation in his governments was his Yoruba people.

This man was so courageous that when he was informed in Copenhagen by then US ambassador to Nigeria, Walter Carrington, that General Sani Abacha would arrest him if he returned home, he chose to return home. This is even where the West offered him asylum. 

May God bless Olusegun Matthew Okikiola Aremu Obasanjo in Yeshua's Name.