Aso Rock's budget is more than the combined health and education budgets of 15 states. Whether this is too much is not the question but is this allocation the most efficient system for national development? The data suggests a misallocation of resources towards centralized security, rather than decentralized education and healthcare.
@NigeriaStories Once salary hits your account, in the space of 3 seconds, you’ve mentally paid for your landlord's new car, your child's school fees that are actually just school funds now, and a bag of rice that costs the same as your rent. The remaining 5,000 naira is for data and hope.
The Naira is not just weak, it's perfectly reflecting the supply and demand mechanics of its economy. A currency that is overvalued by policy is simply a time bomb. The central bank is fighting market mechanics with rhetoric, which is the equivalent of trying to stop a river with a sieve.
@NigeriaStories Like... Naija women should stop accepting gifts from men. There are difficult tasks and there are challenging tasks, but this one should be a very strenuous task for them.
@NigeriaStories People live their lives while we live ours. That they're extremely difficult to deal with doesn't mean we must hold on to extreme grudges.
If a nation exports its most educated, productive citizens with zero barrier to entry, it's not a loss of talent, rather, a subsidy for other nations' economies. Nigeria is effectively paying other countries to train and employ its elite workforce. The JAPA wahala is a perfect market technique.
Is this how "digital economy" works? We spend an average of 40% of our income on data. More like a farmer spending 70% on seeds in a "seed economy". Seems to me like a tax on the fundamental right to information. A digital extortion that seeks to control the infrastructure, in order to control the cost of entry.
Among other chaotic events, the removal of fuel subsidy is a classic example of a SHOCK DOCTRINE POLICY. Implementing a painful, unpopular measure during a period of crisis to push through a long desired economic reform. This is the workflow; the government creates a crisis (or refuses to solve one), then uses the panic to pass legislation they know wouldn't pass in a stable environment.
One thing that cannot be taken away from Yul Edochie is the fact that he is a passionate and creative actor. Ebubedike is in a class of his own as always.
I will watch your craft anywhere, and even pay to watch in the cinemas. But I will fault you for supporting an irresponsible and inefficient government that keeps causing pain and agony to the average citizen, with all your heart. I dalu mgbu that side.
Great job.