Nigeria removed subsidy like a man removing his roof because thieves were stealing the zinc.
Now rain is beating everybody.
Fuel is expensive. Power is expensive. Transport is expensive. Production is expensive. Life is expensive.
The problem was never subsidy tbh. The problem was and has always been corruption.
Bring back smart subsidies for power, transport and production. Target them. Audit them. And most importantly, ensure bad actors end up in Jail.
You cannot tax, tariff and reform a poor country into prosperity.
First you need to make it cheaper for Nigerians to build, produce and grow.
Then talk to us about economic stability.
JPMorgan CEO Jamie Dimon on the day he was fired from Citigroup after 15 years: "my boss called me in and said we want you to resign - to which I said, OK. I went home. the youngest one said, Dad, do we have to sleep on the streets?"
this is him explaining how he rebuilt a bank from a $511 million loss into the largest in America, what he does every Sunday with the problems he is avoiding, and what he told the man who fired him a year later
"it was my net worth, not my self-worth"
"I called him a year later. I told him I didn't think he did the right thing for Citigroup. then I told him the mistakes I made. he acknowledged my mistakes"
"if you split a taxi receipt, that's stealing. if I caught you doing that, I'd fire you"
"would you have your child work for that person? half the time we promote people, we would not let our kid work for them"
bookmark & watch the full conversation ↓
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I also want to give a huge thanks to the incomparable @JeffDean after an incredible 27-year run at Google. He’s off to start his own public benefit corporation with @Sanjay_Ghemawat focused on accelerating discoveries across ML, science, & engineering. @Google will support as a founding investor and Cloud partner. On a personal note, it’s been a privilege to work with Jeff and Sanjay, and I wish them all the best. Thank you for everything!
We have got to the point where an account posting unadulterated racism can have almost 30,000 followers on X.
We are devolving as a society.
Apparently some lads can’t go walking in the Lake District simply because they are black and that opinion is acceptable to some people?
How did we allow ourselves to descend to this?
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This British tourist shared a unique experience of when he lived in some African countries. On the other hand, when you listen to the stories of Africans living in the west, you can't fail to wonder 🤔🤔🤔