Let’s discuss the Nigeria double digits inflation as it affects our choices on a daily basis.

https://www.linkedin.com/posts/fadeyi-felix-femi-b-tech-hons-chemical-engineering-ab989a229_the-adverse-effect-of-double-digit-inflation-activity-6932245861095612416-I-5B?utm_source=linkedin_share&utm_medium=android_app

I NEARLY SHED TEARS.

While I was on my way home yesterday, suddenly my eyes was opened to a particular scenario and I ended up developing a teary eyes.

Not that this scenario was new or novel but I became touchy and emotional while thinking deep about what I saw because I have nothing at my disposal to take care of the situation.

I was moved to tears sighting a woman sitting down on a concrete pavement by the road side on Wempco Road in Ogba with two children,while one of the children was sleeping,the other was seeing playing around in the open.

It was the one asleep that really moved my eyes to tears because she should be my daughter’s age.

I kept asking myself how possible for someone to be homeless or a destitute but I remember how endemic the scourge of poverty has been in this part of the world.

While some people are blessed with uncontrolled abundance,others as are held in abject poverty with no hope of knowing what next to do.

This sight simply potrays hopelessness and homelessness and it bothered me to the extreme seeing little children being a victim of such.

How can little children be exposed to this height of poverty that no one could explain.

Sleeping and playing in the open and in the cold is too extreme to behold and think about.

This is a pointer that the world we live in has not been fair to some class of people which bring it to the fact that many of us needs to do more in becoming a force of reckoning in taking care of the society st large.

Our society be needs to create more awareness about the plight of the less privileged and fashion policies that will help in driving welfarism of the homeless and hopeless as a front burner issue to the plight of the less privileged especially little children that are expected to be innocent and unexposed to the imbalance the entire world offers.

Hopelessness and homelessness are real and they are all present around us with frustration have a toil on the sanity of many people.

Few days before sighting this anomaly,it was the thought of a bubbling young lady that committed suicide that weighed me down and it was alleged that she went suicidal due to depression.

I kept asking myself how could a young mind be against herself until she took her life but experiences around made me to understand that some people have never have a day or a moment of happiness since they step on the earthly platform.

Life has proved unbearable to them from day one and they have not been able to ride above this plate of struggle and strive for a life that is better off in all ramification.

I wish many people we see the reason why we must do a bit to salvage the plight of the less privileged around us.

May God help everyone passing through one frustration or the other.

Depression and frustration are real but suicide can never be an option.

Never give in to it.

keep your head above water.

Tomorrow is bound to be better if you keep hope alive.

© FADEYI FELIX FEMI.

20th of March 2021.

HOW CAN NIGERIANS LEVERAGE ON THE BASICS 2?

Sometimes ago,I made a post concerning the above topic but the post buttress on a national interest demanding that a nation like Nigeria needs a kind of leadership that can identify the basics and ensure that they build on it gradually.

Now,there is a need to look deeply into another channel at which we can leverage on the basics but it rallies around maximising the basics in our personal life.

Recently,I have been using the services of UBER to move from one point to another.

One thing I noticed is the 99 percent perfection of such a wonderful idea that is really transforming the face of transportation in Nigeria.

This made me to think deep and get mad at the numbers of car owners around me that complain about not having enough money to take care of their personal obligations and needs.

It is a pity that many people are in abject poverty due to nothing but the state of their mind that has been programmed to be a reflection of penury.

How can you have a good car at your disposal and you will see no reason why you should use it for UBER Service at this point in time?

 

 

UBER 2

Having a car that is not been used to make extra money might be draining you financially since the maintenance of automobile is another source of financial wastage that anyone struggling to have streams of finances might be unable to cope with.

The face of transportation is changing in Nigeria and I am still wondering why many Nigerians are not seen the prospect in such a laudable turn around that one need to adopt as a source of making extra bucks of money.

Your car is one of the basics that you think will make you to be more convenient and comfortable,and if you change your mind and maximised it appropriately,you can end up being more convenient and comfortable by leveraging on it to launch yourself into financial gains that is in accordance to your status quo.

Never think that such an idea will be a minus to you,any idea that adds value to anything,no matter how it is carried should never be look down on .

Stop lamenting and complaining.

If you have assets at your disposal that you can leverage on,do not hesitate to do it.

Your good car might be a liability to you and people around you,but if you decide to leverage on it by changing your mindset,it can end up becoming an asset.

 

A word is always enought for those who are humble enough to be wise.

 

©mlstcommunications 2019

“Since I have decided to come here, you have to accept what I have said here. And please, if you do not want to hear the truth, never invite me,”–Sanusi

Muhammad Sanusi II, Emir of Kano says Nigeria is on the verge of bankruptcy following “unfavourable economic policies.”

We are heading to bankruptcy… what happened is that the federal government pays petroleum subsidy, pays electricity tariff subsidy, and if there is rise in interest rates, f

 

 

The revered traditional ruler made the comment on Tuesday, June 25 at a workshop organised by the office of the accountant-general of the federation at Government House, Kano.

 

He advised President Muhammadu Buhari’s administration to take a different stance, saying for 30 years, successive governments “have had this project called petroleum subsidy.”

According to The Cable, he said the time had come to stop subsidy so as to save the nation’s economy.

 

We are heading to bankruptcy… what happened is that the federal government pays petroleum subsidy, pays electricity tariff subsidy, and if there is rise in interest rates, federal government pays,” he said.

“What is more life threatening than subsidy that we have to sacrifice education, health sector and infrastructure for us to have cheap petroleum.

“If truly President Buhari is fighting poverty, he should remove the risk on the national financial sector and stop the subsidy regime which is fraudulent,” he added.

Emir Sanusi asked President Buhari to tell Nigerians the fact about the economic situation and also act quickly on this.

“Since I have decided to come here, you have to accept what I have said here. And please, if you do not want to hear the truth, never invite me,” he said.

He continued:

“So, let us talk about the state of public finance in Nigeria. We have a number of very difficult decisions that we must make, and we should face the reality. His Excellency, the president, said in his inaugural speech that his government would like to lift 100 million people out of poverty, it was a speech that was well received not only in this country, but worldwide.

“The number of people living with poverty in Nigeria is frightening. By 2050, 85 percent of those living in extreme poverty in the world will be from the African continent. And Nigeria and the Democratic Republic of Congo will take the lead.

“Two days ago, I read that the percentage of government revenue going to debt services has risen to 70 percent. These numbers are not lying. They are public numbers. I read them in the newspapers. When you are spending 70 percent of your revenue on debt servicing, then you are managing 30 percent.

“And then, you continue subsidizing petroleum products; and spending N1.5 trillion per annum on petroleum subsidy! And then we are subsidizing electricity tariff. And maybe, you have to borrow from the capital market or the Central Bank of Nigeria to service the shortfall in the electricity tariff, where is the money to pay salaries, where is the money for education, where other government projects?”

Meanwhile, the Kano Public Complaint and Anti-Corruption Corruption Commission has invited some officials of Kano Emirate Council and other individuals to explain why the council paid their foreign medical bills.

The commission’s action is despite a court order barring it from investigating the emirate.

The anti-corruption commission had recently re-opened probe on the emirate finances, which it suspended two years ago, as crisis between Governor Abdullahi Ganduje and the emir worsens.

 

CULLED FROM:

 

http://www.msn.com/en-xl/africa/nigeria/nigeria-is-on-the-verge-of-bankruptcy-says-emir-sanusi/ar-AADrqie?ocid=spartandhp