@Eddyballer1 Do you know that in a developed place, you get a free park around every community. So the government trying to make it and tell people to make money from it. Can’t the government develop it and leave it free? Go to UK and there is a park in every small community.
@niyiweysabi@DonAzag …or securing the greater economic benefits through other parts of an agreement. Transparency is what settles this debate, not assumptions. If the agreement is as favourable as you suggest, then let the document be made public so Nigerians can read it and judge for themselves.
@niyiweysabi@DonAzag …rights, and timelines, should be in the public domain for everyone to examine.
Saying Nigeria has been allowed to process rare earth minerals doesn’t, by itself, prove the deal is balanced. Countries can still allow local processing while retaining control…
@Quantum1149@instablog9ja I don’t think we are on different pages here, I was talking to guy who made that stupid video through the person who posted it. But you come dey insult me… ahh, try understand me before you respond with insult nah. Plenty thanks…
@niyiweysabi@DonAzag If you can tell me or show me the terms and conditions of the contract Nigeria has just signed with France, then I will believe that you are knowledgeable of the situation the government has put us into, if not, keep your mouth shut… @DonAzag abeg lecture this man for me.
The Support for Peter Obi Is Driven by Tribal Sentiments, Tinubu Will Win 2027 Election — Shehu Sani
Former Senator representing Kaduna Central and APC chieftain, Shehu Sani, has described the growing support for former presidential candidate Peter Obi as being driven by “tribal sentiments” while insisting that President Bola Tinubu will win the 2027 presidential election.
Sani made the remarks during an appearance on The Honest Bunch Podcast, where he spoke alongside human rights activist Deji Adeyanju on Nigeria’s political situation and leadership direction.
According to him, the enthusiasm around Peter Obi does not represent real political change. He said: “The support for Peter Obi is tribal”, many of those supporting him and those who come from his ethnic background. If Obi becomes the President of Nigeria today, nothing changes, everything remains the same.”
He further argued that Nigeria’s major political figures are not ideologically different, claiming they share similar political thinking. In his words: “Obi, Obasanjo, Atiku, and Tinubu are people who come from the same ideological perspective. They are people who share the same political thinking.”
Sani also predicted the outcome of the next general election, insisting that President Tinubu will retain power in 2027. He added that Nigerians are essentially choosing between similar political options, describing it as “the choice between Satan and the devil.”
If Subsidy Has Been Removed and We Have the Money, Why Are We Still Borrowing?— Sanusi Lamido Sanusi
Former Central Bank of Nigeria Governor, Sanusi Lamido Sanusi, has raised concerns over Nigeria’s current fiscal and monetary direction, questioning continued government borrowing despite subsidy removal and exchange rate reforms.
Speaking on the country’s economic policies, Sanusi said the removal of fuel subsidy and liberalisation of the foreign exchange market were necessary steps, but stressed that timing and implementation remain critical to their success.
“I have always said the subsidy regime was unsustainable. We cannot continue supporting foreign refineries when we’re an oil-producing country keeping refineries open abroad while we’re not doing our own,” he said.
He noted that Nigeria’s current domestic refining capacity and reduced fuel imports should have improved fiscal stability. “Today, we have our own domestic refinery. We’re not importing petroleum products. We’re even exporting fuel, and this is very good for the economy,” he added.
However, he warned that macroeconomic instability can undermine reforms if not properly managed. “Artificial exchange rates, especially when you’re printing money, cannot work there was going to be a devaluation,” he said.
While acknowledging the necessity of subsidy removal and exchange rate adjustments, Sanusi questioned government borrowing patterns. “If you’re not paying the subsidy and you’ve got the money, why are we still borrowing and borrowing? What are we borrowing for?” he asked.
He argued that fiscal discipline is now essential. “We should now see fiscal consolidation. You cannot remove wastages and continue borrowing at a higher rate,” he said, stressing that the benefits of reforms should reflect in reduced fiscal pressure.
Sanusi further cautioned that policy sequencing matters, warning that removing subsidy and liberalising exchange rates without tightening monetary conditions could destabilise the economy. “The naira drops to a bottomless pit there is a timing issue,” he said
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