Tuesday, October 29, 2024

Tinubu 17th State: His Grave Search Against A True State

The truth has been deciphered. Neglecting it for another ways, is always grave. Tinubu has been heading swiftly towards that. The three aforementioned approaches of economic policy have been perused, henceforward governing against it, has been his political demise! No amount of pretending favour at the military will avert the demise because the bill reduction policy will be affecting societally the military positively by the time Naira will retain its purchasing leverage via durable salaries. Meaningly, Tinubu could not hide behind the military due to his ironic freedom to embezzle. Secondarily, we do not need borrowing - it has been making the government a slave of nation. Moreover, the subsidy removal savings should be to pay the bills instead of any clandestine borrowing of lie necessitating gravely his confessing embezzlement. These two, of the above, hidden transfers of surplus economic values have preceded apparently ere the three primary mechanisms which by now can transfer absolutely visible impetus to sound economy - a new nationalized economy order. This dismally high level of inflation needs Tinubu's rediscovered discipline as Joseph Stalin put it thus by the Soviet revolution: ' A problem can be represented as the person'. Tinubu has been the problem. Recently his adviser on public affairs might have discerned this copiously for him to resign mid-October. Tinubu is the economic problem - a major constraint on Nigeria's participatory economy. If one's yardstick for measuring the participatoriness of the Nigeria economy system is price, the success of the Broom governance is still a gamut of mirage. The Broom economic approach framework contains mass alienation - due to that, it has proved incapable in term of the purchasing leverage. The fragile governance has committed chthonic corruption attempt which is ironically a meaty creed of populist nationalism and social revolution garnished unfecklessly with pragmatic success via being uncontrite from the greedy presidency. Dudley Seers concluded that the relevant questions to ask about a country's experience are: What have been happening to poverty and to unemployment? If there are no substantial positive improvements on these, 'it would be strange to call the result development, even if per capita income doubled'. The apparent role which the Broom radical party members played in the previous government could not be compared with the 17-month-old undecisive governance of defenestration however it is essential for the party radicals to keep their heroic positions in the social structure in minds ere the intelligentsia, the activists, and the students are called in the temporal manner. The one-sided political hegemony - contradiction of the modern society where the fuel are given freely to the government officials [though slashed recently] for they ply government vehicles despite the huge salaries meanwhile the low-income and the less-privileged earners pay exorbitantly for the same fuel - not constructive, empirically anti-people, could only lead us to historic economic revolution that will be explaining the true radicalization of the Nigeria economy society. As the amount saved so far - though ironically - has been up to the three projects, the radical intelligentsia, the Labour [affected by the Dudley's pragmatism just analyzed here], and the public solidarity are in romantic rendition that the people are always supreme to the incumbent. The people once classified as the social inferiors via the shameful corruption would now be referred as the superior. If this fugaciously apparent contradiction has been dominated by the green constant pressure to evolve a national economic liberty, the surging victory has been undertaking an economic revolutionary transformation of the Nigerian society; and it would not be difficult, lacking no organization and leadership discipline with steadfastness due to the fact this incumbent party has transmitted the four into the economic revolutionary transformation without realizing via the economic maladministration. This numinous disregard for the Tinubu intransigent subsidy removal will not be regrettable against the gossamer presidency as it has been ever unacceptable; credit will ever be given to his ironic move to embezzle however seized by the green factor dynamics, his history on Nigerian society will ever be psychologically unified on our minds - and his stance on time because he has made a significant unification with the Abacha's theory of sudden death. Tinubu is of no difference from a louse betwixt a dog skin if at the gubernatorial stage, nevertheless now it tries to metamorphosize into bedbug against the dog owner now being terminated at this predominant state with just force of a green finger! Tinubu is of corrupt leadership spawned in lese-majeste by the grave needs of greedy possession via this economic exploitation endorsed by the parasitic and luxury-consuming style. He who considers himself ruling without church regards to the basic moral principles, he is sick in proud ignorance to jiffy death. 'Ignorance is the root of many ills. Knowledge must be the fundamental ally of nations that aspire, despite all their tragedies and problems, to become truly emancipated, to build a better world'. Fidel Castro once revolutionalized Cuba! Tinubu is yet an ignoramus of the true green knowledge - the life without the Abacha consequence. A nation radicalized by the green increased pressures and the domestic increasing demands for economic liberty would lead to a successful revolution like the one against the ancien regime in Ethiopia by February 1974. The adverse government policy like the subsidy removal on the economy would be a spontaneous alliance for revolution from the oppressed classes, and it will lead to all-people governance due to coincidence of class interests - the gossamer class of Tinubu by spending unnecessarily via the military in an infernal corruption, misplacing economy priority , diversification instead of the kele-kele borrowings for clandestine largesse at this state of irony versus the revolutionary class developed simply from this green forum for economy 'prosperity'. In the meantime, Nigerians are dying domestically due to the all-ear-filled hardship caused by Tinubu's thawing greed; if subsequently the trustworthy consequences will be reciprocal, the EFCC with all Nigerians's efforts, due to their financial constitutional right, should not relent the efforts via consciousness, and seal the two loopholes of borrowing and the bogus military spending where their economic liberty values are being wrongly channeled into due to lack of awareness which characterized the ere. With the above, the Nigerians have created their wellbeing immensely against any political ways of embezzlement, and the moves will be against this deterioration of the vast majority of Nigerians' situations inferred from the morbid search for quick wealth via corruption and the voracious consumption by the corrupt leaders who are hoarding the citizenry values causing lack of development strategy, at the sameness of time the fresh inflation. The Nigerian people made sacrifices as a result of the fuel subsidy removal of the government; that is N4tn savings a year, another N4tn saved before 17th January 2024. So we are having N8tn transferred from the private pockets of the people to the government before the aforementioned date of this year. The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele confirmed this also in January. The federal government saved N1.45tn from earnings generated from the removal of subsidy by 8th November 2023. Nigerians have saved so far recently alone N5.4tn from the subsidy removal regime to revatalize the nation via The Three Economic Outlines whether by being contrite from the presidency or by the well-prepared-for change.

Sunday, October 27, 2024

ICYMI: UK deports Nigerian asylum seekers

The United Kingdom has deported a record number of Nigerians to their home country. According to the UK Guardian, 44 West African nationals were put on a flight last Friday. In the report, the UK Home Office stated that the deportations of Nigerians were part of a “major surge” in immigration enforcement and returns. It noted that there have not been deportations to the country in such numbers in recent times
Subsidy removal hardship solution is ever solidarity.

Thursday, October 24, 2024

FEC approves $618m loan for fighter jets, ammunition

The Federal Executive Council has approved a loan of about $618m from a group of financiers for the procurement of six fighter aircraft and ammunition for the Nigerian Air Force. This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, in Abuja, on Wednesday, following the conclusion of the FEC meeting presided over by Bola Tinubu
To combat the national economy war?

Wednesday, October 23, 2024

Nigeria still borrowing amid high debt costs – IMF

Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund has said. During a press conference on the global financial stability report at the IMF/World Bank annual meetings in Washington DC, the IMF’s Financial Counsellor and Director of Monetary and Capital Markets, Tobias Adrian, said that.

Tuesday, October 22, 2024

Peruvian ex-president sentenced to more than 20 years in bribery case

Peruvian ex-President Alejandro Toledo has been sentenced to more than 20 years in prison, the latest Latin American leader to be jailed in connection with the Odebrecht construction firm corruption scandal. Toledo was convicted of taking $35m in bribes from the Brazilian construction firm in exchange for a freeway construction contract, and was sentenced to 20 years and six months in prison on Monday.

Gowon, Nigeria’s Winston Churchill, I envy him – Obasanjo

In the wake of the 90th birthday celebration of former military leader, Gen. Yakubu Gowon. He said, “In a world filled with unprecedented challenges and complexities, Africa stands at a critical juncture. The need for visionary, ethical, and value-based leadership has never been more urgent. The future of Africa depends on cultivating leaders who are not only competent but also committed to the well-being of ordinary citizens across our nations.”

Monday, October 21, 2024

Nominating... Happy birthday!

Distraction - Polo G
Until We Try - Aṣa
Take It To Jah - Lucky Dube
Don't Rush - Young T & Bugsey

Nigeria seeks fresh $10.50 million World Bank loan to boost CBN’s technical capacity

The pawn central bank must not forget to share the amount with the poor, hungry, greedy Tinubu's corrupt caucus to boost their embezzl...