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Author Topic: Current Nigeria problem is from World Bank and IMF  (Read 881 times)

Online Cryptsafe

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Re: Current Nigeria problem is from World Bank and IMF
« Reply #15 on: October 19, 2024, 02:23:42 PM »
but the whole problem is coming from the IMF.

I do not think so that the whole problem is coming from the IMF. The international Organization would do everything to protect their interest as the case may be. This is just like a case of a borrower going to the lender or a bank to get some loan and is fully aware that the bank have some policies which involves the borrower having a collateral and fulfilling the requirements before they grant them access to the loan they request for. Before they go for the loan, they are fully prepared for whatever the outcome or the demand from the lenders would be. This is the situation of the IMF and our leaders, they go there fully prepared to accept the IMF conditions without negotiating their way through for a soft landing when they know already what they themselves stand to benefit from their greed and have no conscience. 

IMF is on their own and not forcing or compelling anybody to take their loan, so anybody going to them would have to accept to their terms and conditions before they could access the loan and if you are not satisfied with their policy, you leave them to their fate and source for elsewhere and better go back and work on your economy to making sure you are self dependent. I still reiterate that our problem lies within our leadership and their mismanagement coupled with their reckless spending.
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Re: Current Nigeria problem is from World Bank and IMF
« Reply #15 on: October 19, 2024, 02:23:42 PM »

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Re: Current Nigeria problem is from World Bank and IMF
« Reply #16 on: October 19, 2024, 07:58:27 PM »
but the whole problem is coming from the IMF.
$$$
If I wish you really understand what is happening in the political scene in Nigeria you won't say this. Many people blame our leaders oh yes our leaders are not strong enough to break the umbilical cord from these institutions because after the colonialism, the colonial masters used these institutions to continue the exploitation and imperialism continues. World Bank and IMF are fully involved in Nigeria Economic problem right now. Let me tell you even those loans dem dey force Nigeria dey collect am. In 2005 Universal Basic Education UBA was introduced in the Nigerian educational system which was a loan given to the then president by force and OBJ rejected it at first but was forced again foe him to collect and he collected it. But today UBA is nowhere to be found. I don't want to talk about much because we dey internet.

I even create this thread because of the news I got from the youth. Those who no know dey blame our leaders. Do you know dat Tinubu na conservativist? Tinubu was having the intention to do well in the country but the forces do not allow him. Most Nigeria collect loan? No. Nigeria can survive with her natural resources but those institutions loaning us because they want to partake in the natural resources. In fact all di problem is wey happen in Nigeria those guys e dey involved. Boko Haram? Bandit, and others? And when it happens they are di first to support the victims.

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Re: Current Nigeria problem is from World Bank and IMF
« Reply #16 on: October 19, 2024, 07:58:27 PM »

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Re: Current Nigeria problem is from World Bank and IMF
« Reply #17 on: October 22, 2024, 06:39:55 PM »
but the whole problem is coming from the IMF.
$$$
If I wish you really understand what is happening in the political scene in Nigeria you won't say this. Many people blame our leaders oh yes our leaders are not strong enough to break the umbilical cord from these institutions because after the colonialism, the colonial masters used these institutions to continue the exploitation and imperialism continues. World Bank and IMF are fully involved in Nigeria Economic problem right now. Let me tell you even those loans dem dey force Nigeria dey collect am. In 2005 Universal Basic Education UBA was introduced in the Nigerian educational system which was a loan given to the then president by force and OBJ rejected it at first but was forced again foe him to collect and he collected it. But today UBA is nowhere to be found. I don't want to talk about much because we dey internet.

I even create this thread because of the news I got from the youth. Those who no know dey blame our leaders. Do you know dat Tinubu na conservativist? Tinubu was having the intention to do well in the country but the forces do not allow him. Most Nigeria collect loan? No. Nigeria can survive with her natural resources but those institutions loaning us because they want to partake in the natural resources. In fact all di problem is wey happen in Nigeria those guys e dey involved. Boko Haram? Bandit, and others? And when it happens they are di first to support the victims.
It has to be always kept in mind, that the position Nigeria is in today, first of all was molded by internal conditions of such state, as well as the power of external institutions’ pressure. However the outside forces are very real we still have the capacity or the ability to better manage our natural resources externally. These external engagements are not adequately explained to society; thus, together with everyone, this awareness must be created before trying to find better solutions for our economy. The problem is that the challenges ahead of the country are not small but the optimality of all those above factors can reduce the impact of such external shocks and produce growth that is inclusive to all the citizens of Nigeria.

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Re: Current Nigeria problem is from World Bank and IMF
« Reply #18 on: October 22, 2024, 11:57:22 PM »
but the whole problem is coming from the IMF.
$$$
If I wish you really understand what is happening in the political scene in Nigeria you won't say this. Many people blame our leaders oh yes our leaders are not strong enough to break the umbilical cord from these institutions because after the colonialism, the colonial masters used these institutions to continue the exploitation and imperialism continues. World Bank and IMF are fully involved in Nigeria Economic problem right now. Let me tell you even those loans dem dey force Nigeria dey collect am. In 2005 Universal Basic Education UBA was introduced in the Nigerian educational system which was a loan given to the then president by force and OBJ rejected it at first but was forced again foe him to collect and he collected it. But today UBA is nowhere to be found. I don't want to talk about much because we dey internet.

I even create this thread because of the news I got from the youth. Those who no know dey blame our leaders. Do you know dat Tinubu na conservativist? Tinubu was having the intention to do well in the country but the forces do not allow him. Most Nigeria collect loan? No. Nigeria can survive with her natural resources but those institutions loaning us because they want to partake in the natural resources. In fact all di problem is wey happen in Nigeria those guys e dey involved. Boko Haram? Bandit, and others? And when it happens they are di first to support the victims.
It has to be always kept in mind, that the position Nigeria is in today, first of all was molded by internal conditions of such state, as well as the power of external institutions’ pressure. However the outside forces are very real we still have the capacity or the ability to better manage our natural resources externally. These external engagements are not adequately explained to society; thus, together with everyone, this awareness must be created before trying to find better solutions for our economy. The problem is that the challenges ahead of the country are not small but the optimality of all those above factors can reduce the impact of such external shocks and produce growth that is inclusive to all the citizens of Nigeria.
These internal conditions are the reasons the country is as it is today. The powers that be do not want things to go well so that all their wrong doings would not be brought to the notice of the masses.  They prefer things to be done their ways so they could be in charge and they do every thing possible to frustrate anybody that wants to cut them off their powers.

The external engagement is as a result of the few internal unknown powers that  always want to mortgage the future of the country for their selfish interest. They strategically compel the incumbent to go for it by their actions and so far if I am not mistaken,  all the past leaders of the country have in one way or the other requested for loans and have been granted to them and their forced policies accepted as a condition for it. So what I am trying to say is that Forces unknown to the masses in the  in the council controls the country  and because of them the possibility of the country  where it is today.
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