Monday, July 29, 2024

Dynamism At Tinubu's Perpetrating

If there have been positive instructions nevertheless disobedience is entertained, the disobedient one must have been living in a concealed failure, thawing disgrace, and, subsequently, a visage of death. Tinubu is an alter ego of the three, no doubt, no dickering. It has now become his tomfoolery from any Nigerians the negative and the backward move of removing the aged subsidy without equipped refineries which ought to have stemmed the fuel price hikes and thereafter not necessitating the inflation experienced anywhere. According to Adam Smith: 'How selfish soever man be...there are evidently some principles in his nature which interest him in the fortune of others...though he derives nothing from it.' Abacha. Nothing from it indeed - Tinubu's imbecilic fealty to the police detected on a score and four of the month about 'sufficient arms' procurement cannot solve insecurity when there is no sufficient welfare for the people; what solves insecurity against the politicians' demises happens to be ironically the sufficient welfare which he has failed from due to his Kaduna-careless cupidity. Threafter the inflation is not superable: no need of negotiation on minimum wage increase - an anti-British economic system even at this Carolean State - that thus will be creating no value for Naira whilst one could not hold the N70,000 for the month expenses due to some relative increase in market prices via an uncoverable awareness; according to Harold Wilson: 'One man's wage increase is another man's price increase.' Secondly, no need of increasing the benchmark interest rate to tame the rise in inflation - a poor economic idea from the CBN whilst it has been culturally recognized that the fuel price reduction has been mostly excellent magic an economist or a would-be successful straightforward banker could have fathomed at this hungry period because the fuel prices control everything marketable in Nigeria, according to Warren Buffett: 'At all times, in all markets...the tiniest change in rates changes the value of every financial asset.' How did then the inflation get suppressed in May, for a glaring example, when MPR increased from 24.75% to 26.25% and no any favourable change in the commodity market recently as we could all have been involved [Monetary Policy Rate]. Recently we [Jawasimics team] nationally detected via the CBN Monetary Policy Committee the interest rate hike threatens manufacturing sector, employment rate, production costs leading to the prevalent inflation, and investment after the gullible CBN had, by the recent in the same vein, increased the [MPR] by 50 basis points from 26.25% to 26.75% via the MPC. Meaning Tinubu could not hide behind Governor Yemi Cardoso when now Tinubu has been all expected to have brought to the minimal level the fuel prices. Thirdly, no need of granting a 150-day-duty-free window for food commodities via importation - meaning suspension of duty tariffs and taxes on importation of food items across the nation's land and sea borders - this has not brought any intelligent economic approach nevertheless the federal government quasi-economic approach is thus beating about the bush jettisoning the fuel price reduction which has been the only workable economic intelligence now to solve the all-experienced inflation! The Abacha deadly corruption laid on their [the illegal president and the goons] faces would not let them perceive, and act on that economy of life. We have enshrined saving as a nation gulping N14trillion nevertheless there is time for all things: a time to save ironically against the Tinubu's open bilking, and a time to spend judiciously the ironically-saved capital on the aforementioned three areas meanwhile the catalyst has been #TinubuMustGo #Revolution2024 by the organized Labour via Hunger Protests within an unsmiling proximity of time on August 1. In furtherance, no more any of his obsequious gestures of apology which have been affecting the national temporal tempo negatively! Into the bargain, he could not be held sanctimomius whilst we need to work collaboratively the economy, limpid enough furthermore against his dissipating coterie of unnationalist goons who could devour national feet in a jiffy like church rats put newly in a storehouse with a sleeping custodian. The constant castigating from the anti-elrufaism ripe-green pressure worth dispersing the coterie off the nation's valuables! They are nothing than behind-the-scene swole politicians who lack positive thinking to create an economy liberty for themselves and for all - besides, abachaism upon themselves alone! To extenuate the inflation felt everwhere in the nation: The Labour, the CBN, and the Customs should ever discern NNPC effort to reduce the fuel prices! What is more, the illegal presidential order to the NNPC has been unconstitutional because the inflation works against the Economic Objectives of the Constitution of the people whereby the people are superior to any body in an any given State. Perhaps I will be perused again here on the nationally devouring inflation now he, Tinubu, has been nonplussed about his corruption attempts: the ear that hears the rebukes of life will abide amidst the wise!

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