Nigeria Is A Very Poor Country; The Wealth Of Our Country Is Exaggerated -Onanuga
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- เผยแพร่เมื่อ 5 ก.ย. 2024
- Nigeria’s minimum wage of N33,000 ($39) compared to South Africa’s $240 is poor.
Bayo Onanuga, Special Adviser on Information and Strategy to the President
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We have nothing to learn from the likes of your guest. He's presence this morning is highly immaterial and provocative
When u hate to hear the truth, u shouldn't be around to enjoy the good outcome of truth. Onanuga has said it the way it is.
@tescobar2001
The way it is!!!! 😂
Were they installed as leaders to give excuses and identify the problem?
If that's all they could, wouldn't it have been more honorable to resign?
Why are Nigerians accepting flimsy excuses as reason for poor performance whilst we see their irresponsible style of wastfulnes.
SHAME!
@@tescobar2001you must not be living in reality
@@chuksrichard3598 Can u talk on Nigeria reality?
@tescobar2001 must be living in the UK where the money is stable!
We're not poor, it's the mismanagement of our collective wealth over the years by people like him that made us look like we're poor.
That led us to been poor. So we are poor
@Peggyg13 ..poor indeed, but embarking on N15trl road project, (that won't be ready in 7years), at the expense of more expedient Human Capacity development which is the ideal "Index for Wealth of Nations".
Shows how very much, where their priority is.
Bayo Onanuga is one of the disappointments in that country called Nigeria.
An old man, supposed to be setting good examples to younger generations, teach them how live as honest & truthful citizens, but rather so warped, justifying evil and distorting truth, to the detriment of national moral standards.
Wondering what his kids will feel, seeing him dushing out his plethora of alarming dishonest statements.
Nigeria is indeed some country!
Peter said where politicians are richer than entrepreneurs that country is finished.
He writes better than he speaks. It was somewhat painful listening to Bayo, but I endured. How are the mighty fallen, just for a plate of porridge. Posterity will judge you, Bayo.
People writes for him. He takes the glory
Lol😂😅. It is "I endured" for me. That statement was so funny.
I totally disagree. Nigeria is a very rich country with bad leaders. Corruption, mismanagement and greed has lead us to where we are.
A very wealthy country Nigeria.
Well we’re poor with a potential to be rich. Corruption from leadership and followers contributed to this.
The average Nigerian is extremely corrupt.
A poor country where the political class, traditional ruler, croonies and friends are gifted with state of the art imported bullet proof vehicles, expensive lavish parties abroad and bloated govt
And how much do you think those are; i mean it's still a mismanagement of funds, but that doesn't mean it describes us as Rich...
In any spectrum of the imagination, we aren't financially rich, take into account our economy which is the 2nd largest in Africa(yes, 2nd, it was recently surpassed by Egypt who has half our population). From the outward look of the economy, you'd think "Oh, rich country", but then you look at the amount of mouths the economy has to feed, and the fact that the economic growth is lower than the population growth, and then you see that the economy is purely rubbish, and getting worse...
It's like a married couple having 6 children while only having the financial means to take care of 2 very well, the family will financially suffer because of it.
@@derekmiles767Don't blame people when they speak about those cars because for you to even think of buying cars for an already rich Nigerian Politician shows as a country, we are rich & nothing you say otherwise can convince the poor man on the street or
need i even mention the frivolous spending of your ruler in less than a year in office. If you want me to state it, please do respond.
@@childrentoys4537 I never blamed the poor people or anybody in that regard; like i said before, it's a gross mismanagement of funds, and it's a serious issue with our corrupt politicians, which we've always had and is a major part of this country's issue; but that doesn't mean there're not other parts that are issues...
Any individual that looks at our economy and looks at the population and still say we're rich either doesn't understand how economy works in relation to the consumer base, or is just in denial... We're not rich, being considered rich goes in the line of many factors, the number of things that finances needs to be used for is a major factor; our economical growth is not sustainable because of a higher population growth, that means no matter how the economy grows, it will always get worse, and it's barely just playing catch-up to the population growth...
You can be sentimental, and go with "Oh, Nigeria is rich", but the fact is we're not, and it's only getting worse with an objective view of the situation...
So many things in this country needs to change for there to be actual developmental growth, or the future honestly looks bleak for this country... The corrupt mentality of the Politicians needs to change, and the mentality of the citizens too in many regards needs to change.
@@childrentoys4537 I never blamed any poor people or anybody in that regard; like i said before, it's a gross mismanagement of funds, and it's a serious issue with our corrupt politicians, which we've always had and is a major part of this country's issue; but that doesn't mean there're not other parts that are issues...
Any individual that looks at our economy and looks at the population and still say we're rich either doesn't understand how economy works in relation to the consumer base, or is just in denial... We're not rich, being considered rich goes in the line of many factors, the number of things that finances needs to be used for is a major factor; our economical growth is not sustainable because of a higher population growth, that means no matter how the economy grows, it will always get worse, and it's barely just playing catch-up to the population growth...
You can be sentimental, and go with "Oh, Nigeria is rich", but the fact is we're not, and it's only getting worse with an objective view of the situation...
So many things in this country needs to change for there to be actual developmental growth, or the future honestly looks bleak for this country... The corrupt mentality of the Politicians needs to change, and the mentality of the citizens too in many regards needs to change.
Sambo is describing a tribal bigot as an accomplished journalist. Naa! Naa!
I strongly disagree with Mr Onanuga, we are a very rich country but the wealth of the nations are in the possession of 5%
He should have been interviewed by Rufai Oseni.
You want him to get heart attack? Rufai with his 'I put it to you...' will make him japa.
@@madubaym
And what will that accomplish??
Nigerians are suffering, killings every day, tinubu have no vision for a better Nigeria tinubu is in power because it's his turn like he usually says, tinubu went ahead to change some heads of the military and replace them with people of his choice, tinubu should be kicked out of office,
If Tinubu could submit a supplementary budget to buy a Yacht, he could very well submit same to extend subsidy for a few mpnths while they get palliatives in place.
But. We know them.
They lack depth for critical thinking when it comes to the masses.
Mr Bayo was surprisingly gentle today. It's difficult to believe that this is thesame person that says those awful things on social media...
You are very correct 💯% I was so surprised seeing him trying to compose calm. I was expecting roget based on his callous tweets 😮
Nah scope e deh scope us. Man is aggressive and a bigot
Even in Rwanda, the masterminds of the genocide against the Tutsis were looking like they could not kill a chicken. Don't be deceived by the innocent look or the sweet talk.
@@adamsmadakimagajihe is just a pretender. Beware!
@@andosehcampbel5701 I know that the guy is just playing cool. I'm even surprised to see him on AriseTV. If the host had taken the interview to the next level, you would have seen his true color.
Criminals in government
With good governance our population alone is enough asset to make our economy grow. We still have enough natural resources to develop our country.
Can someone please tell me if Charles Aniagolu no longer a staff at Arise News.? I enjoy his anchor of this program.
He might be on vacation
Maybe he has japa 🤷
@@karolnowak1446😅
@@karolnowak1446😂 😂
@@karolnowak1446people like Charles don't need to japa
It's terrible, sick and imaginable listening to Bayo quack adviser without reasonable statistics to back up his theory.
But rather criticising people calling for a quick solutions to the damaged economy initiated and caused by his principal Tinubu INEC president selected.
You should have asked him to talk about his inflammatory statements during and after the presidential campaign. That is the difference between Rufai and other nigerian journalists. Rufai operates at the standard of BBC, VOA, RFI, etc. No hiding place for any interviewee.
Giant of Africa.... your minimum wage is only $39.00 compared to South Africa $240.00 😂
Giant in deed, the rest of African countries are mocking Nigeria.
Government should start publishing all allocations sent to states and local governments if not we will not know
Why did the journalist not ask Onanuga, who is responsible for the poverty.
In the same "Poor Country", how many underserved millions of
of dollars are being shared across the Political space??
How much is N100,000.00 to dollar now that the government cannot pay
There is a consequence for every action. A corrupt and lawless country will pay in one way or another. Nigeria is paying for the continued total disregard of law and order. This is easy to see and understand. We can continue to talk all the English, the sufferings will be there. The solution is that we must all do the right things. Period.
Nna go tok turu. Didn't your party force its way to power?
It is the duty of the federal to follow up with the states and local govt
Who said and how did you arrived at your assertion. A country where individuals single handedly own Banks, fleet of private jets and chains of palatial private residential homes, can we call such a country poor?
Tinubu is the most overrated politican in Africa..he is arrogant and bereft of ideas, he has only the mind of corruption and criminality
Just concluded CAF final some Nigerians flew 20 private jets to Ivory Coast how can we be that poor?
Bayo Onanuga is one of the greatest disappointments in that country called Nigeria.
An old man, supposed to be setting good examples to younger generations, teach them how live as honest & truthful citizens, but rather so warped, justifying evils and distorting truth, to the detriment of national moral standards.
Wondering what his kids would feel, seeing him dishing out his plethora of alarming dishonest statements.
Nigeria is indeed some country!
Lagos is said to be richer than Ghana, but somehow Nigerians are living in poverty well below Ghana.
It's the mode of wealth distribution that makes the difference, between Ghana and Nigeria.
The wealth of Nigeria is in the hands of less than 1% of the population, who are hoarding it among their families, friends & hanger-ons...and also substantially stashed overseas!
Nigeria needs an industrial class to create wealth to move this country forward and the government can't do it. Take a look at Ethiopia, it's the private sector that is moving that country forward and not the government.
Listening to him makes me wonder if the dire situation will improve… not convincing at all
If Peter Obi had been allowed to work for Nigeria as President by now Nigeria would have been a safe Heaven to the World business community.But INEC.and co will have to be scoping Nigerian people's blood dying of hunger on their doorsteps fo for next four years.
I summarily dismiss your opinion. Nigeria is not poor. It is poor management, greed, and corruption that keep Nigeria where we are now.
As south Africa, we know.😁
Governors are the major problem Nigerians have, what are they doing in their respective states with the billions they collected from the federal government
While I agree that many governors are corrupt, the current situation is due to failure of federal government. Governors don’t make national policies.
The money meant for human development is lavished by governors, senators, monarchs, and government officials. We know it! That is what we need to work on. We have enough to flourish as a nation if these people's appetite for looting is curbed.
I am excited about the awakening of the Nigerian people. They are seeing and talking to these people about what they are doing to them. I am not surprised about Mr Bayo Onanugs, he speaks from both sides of his mouth and as long as Tinubu surround himself with people like this, he will fail more and more.
Nigeria is not poor, mismanagement and corruption is the problem Nigeria has
Tinubu and the word compassion should never be found together in a sentence. Rather, wickedness is more appropriate
I told Nigerians that Nigeria is the poorest country in Africa my friend from north was telling me that Lagos is richer than Ghana.
But Ghanaians are not suffering like Nigerians.
It's the mode of wealth distribution that makes the difference, between Ghana and Nigeria.
The wealth of Nigetis is in the hands of less than 1% of the population, who are hoarding it among their families, friends & hanger-ons...and also substantially stashed overseas!
The conduct and remarks of Mr. Onanuga are well in check. His analysis of wealth in Africa is absolutely true. Income distribution in Nigeria is skewed towards a few, the politicians/politically exposed persons and their enablers, including some foreigners and CEOs of banks
However, like the interviewer rightly said, declaring a State of Emergency on critical issues requires rolling up the sleeves and on point strategies.
President Tinubu should be updating Nigerians every week through a press briefing. Statistics should be the only way out, because figures are facts and reflective.
Information should be stratified into States and progress made by the States should be bared before Nigerians, until we get out of this mess. If we are serious to get Nigeria working, we need to get dirty and get the job done.
You think Tinubu will appreciate statistics as you enthused?😂... dey play. Bayo Onanuga, the incurable bigot that demonised Arise TV is sounding sober 😢... what a man? What a kettle of yam porridge
If that's true, then that's more reason why politicians should stop looting through nepotic inflated contracts. Most of our governors are billionaires. If you invest that money in people, you get a RICH country.
After voting for Tinubu, nigerians are complaining that cost of living is expensive.
Why exactly can't we make arbitrage laws that makes arbitrage and hoarding over certain reasonable percentages or conditions a jailable criminal offense
A corrupt and confused set of people
Nigeria's David Duke is on tv... Hooray.
We are not poor because Shettima told us this a few weeks ago in Switzerland. APC party that makes Nigeria poor with their poor governance and their listening to outside forces controlling Nigeria. If the country is poor, why is purchasing #160m car amongst yourselves. We do not need any more excuses and lies. Improve on the insecurity to enable farmers to farm. Since BAT has been in power for nearly one year, by now, the crops would have been getting ready for harvesting. Too much talking and blame of the PDP without APC action. Your party chose to rule to improve the welfare of the citizens, so stop all these dead stories. Nigerians are not babies that you will be spoon-fed because they want to work and earn an honest living.😢
Nigeria is very very very extremely rich... Do not let them gaslight you... That is the answer you get from a bad leader... Just like how the former gov of Abia state kept crying because of money. Now money appeared from nowhere to carry out major projects.
Keep quiet there when the head is corrupt the button is corrupt
How can a country blessed with abundant oil reserves and natural resources be poor?
With his rather controversial and inciting posts on X, I had thought bayo was an intelligent man, but haven listened to him speak for the first time, I now see that he's so "poor" intellectually.
If 10% live well and have all the luxuries of life and 20% of the population is doing well and 70% are in object poverty. Then the country is indeed poor. The averages don't lie. The poverty is caused by the government
Pronouncing 'subsidy has gone' without buffers to absorb the economic shocks that would occur is premature and very immature. 'He don grab am now, to work make the system work na problem now'. Its not by I'm the president sense dey de.
Can we surgest something please, can we bring EMEFIELE back to help us please because when they were Paying SUBSIDY naira to dollar was 460 and he says that if subsidy is removed things are going to be better now we have more money why is naira to dollar is 1400?
But govt saved money off the savings from subsidies withdrawal why not invest it into agriculture and security.
It’s very unfortunate that this man is an adviser to the president 🤦🏼♂️, absolutely clueless and myopic. How could he state that Nigeria is a poor country, how🤷🏼♂️
A poor country with 11 presential jet, a poor country buying 160 million naira cars for senators. This man should be careful before something bigger than him befall him.
can any good come from Bayo Ononuga ? Poor indeed 🙄
Does any right thinking person think Nigeria is rich?. Nigeria has potentials but these potentials have not been birthed. Just because a few people have rightly gotten wealth and some ill gotten and both divides are exhibited openly doesn't mean the country is rich even Haiti, Pakistan, Congo, etc have these same class of people living in lovely houses and driving fancy cars yet they are poor.
Potentials remain potentials until they are birthed. A Casual labourer that is a fantastic orator, great at selling stuff, a good sculpturist, has a sonorous voice and is a good writer of thought but yet he remains a casual labourer is poor and not rich. Nigeria is that casual labourer.
You are obviously clueless
Did I hear him say price inflation is artificial?
Dele is wrong on the reason why states were first created in 1967, the main reason was to divide the south east region to isolate the ibos from the the other ethnic nationalities in the southeast
President Goes to united states buys Araments
Nigeria is poor and Emefiele can single handedly take 6 million dollars from out account without anyone even knowing it at the time he did so.
Nigeria is poor but we got money to buy presidential yacht, buy cars for more than 400 lawmakers, allocate billions to the First Lady and renovate their residential homes, etc You cannot fool anyone
Waste of time I skipped the video once I realised that its this liar of a person.
All this propaganda won’t work
Tinubu should resign. He has no clue how to run a country. We can use all forms of grammar to defend him because we can speak English or pretend to be educated. The truth is Nigerians are suffering, and he has no answer or solution to this problem. We will continue to say exactly the same thing next year so long as Tinubu is still there. It doesn't affect me personally because I live in the United States, but I still have family there in Nigeria.
Where is Charles Aniagolu?
These kind of beings are very dangerous to the country Nigeria.
We need all the borders opened up for food importation
Se them take importation do una ni ?
He should continue entertaining himself and sambo
Our Old criminals.
This man is shameless... he is just deflecting... this entire tinubu's govt is a mistake that could have been avoided... that is why the current situation is very painful
Fashola said there was no subsidy to be remove,but we are still talking,nigeria even though god want to help us we will not let him
😅😅😅😅
When I was a student, my intro tech teacher taught me that technogy make life easier and faster. That is true . In Nigeria what are setup to make life easier and faster, we don't have stable power supply. If we want to modernize were do we start from?. We import technological product that is why naira is weak. How can we replace it when it got broken?
Sambo you didn't pin him down on the high earnings of government officials,ministers and legislators. Nigeria is not poor
Onanuga has contributed immensely on the poverty situation in this country we believe he has nothing to offer to Nigerians apart from inflicting more pains interms policies that only favor the Rich... pls keep him off this platform.
I like Bayo's hat... the hat fits him.😂😂😂
You may not like the APC government, but the man came prepared. He is no doubt a knowledgeable fellow.
It's essential for us to foster open-mindedness and diverse viewpoints in order to gain a comprehensive understanding of the challenges faced by the current administration. While opinions may differ, engaging with a range of perspectives allows us to make informed decisions and promotes a healthy democratic discourse. Let's keep the conversation constructive and explore various angles to better comprehend the complexities at hand.
This hopeless fool has nothing to say, fixing economy is not all about rigging elections 😂
This man shd go and sleep. Let him go and price a sachet of Norvasc..
Economic hardship does not exist anywhere in the world. Off course ignorance people will always experience hardship because they don't no their basic needs and how to produce it. They wait on others , they will wait tin they die. Nigeria is not productive especially in area of basic needs. Let one state in Nigeria make electricity production their priority. Iet see wether their life will remain thesame.mention one basic needs that is not made in south korea.electricity, shelter, clothing, automobile. Nigeria made himself poverty capital , it not Godwill. We look like blind people we don't no what other countries are doing that makes them succeed.
You never see the president address the people & answer questions about turning economy around. Tinubu is not the one running the country he's just a figure head president, it's the people around him making the decisions.
Look how empty and incoherent he sounds. These are people that championed hate speeches against Peter Obi.
HOW ON EARTH CAN YOU SAY NIGERIA IS POOR AND YOU AS AN ADVISER TO THE PRESIDENT YOU ALLOW THE GOVERNMENT TO BUY SUV TOYOTA WORTH 155 TO 160 MILLION FOR SENATORS EACH?
CAREER CRIMINAL
the value of the Naira is not undervalued but your policies are outrageous!
Nigeria is a very poor country. But we are lucky our president is a very Rich guy 😂😂😂
😂😂😂😂😂😂😂😂
PROTEST HELPS ANY COUNTRY BETTER AND FASTER TO RESET THE GOVERNANCE
This man is just a fool. What blame can be on the state government? Does the state government control security in Nigeria? Does the state govt control the police or the military? He just opened his mouth to say the subsidy would’ve made things worse than it’s now!!! For goodness sake, buhari stayed 8 years with that subsidy and the situation in Nigeria has never been this bad.
sambo, dont iteriew this man .Nigeria is hungry and he is defending the govt.
APC promised Nigerians that Tinubu will build Nigeria as he built Lagos, please Bayo do what you promised Nigerians .All the nonsense you said about a particular tribe, before and after the elections.people will not forget and history will judge you.
Without any regard for you, saying Nigeria is a poor country is an indication that you are not in the right state of mind. Your ability to think has been beclouded by your selfishness.
We will get to Venezuela....😂😂😂.. BAT should go and borrow sense from Buhari 😂
Onanuga is useless and evil for making such statement.
The man was grasping for what to say all through the interview in order to sound knowledgeable and the host was being careful. I'll tag it a 'paid FG whitewashing show'.
Loud it Sir😩😩😩
AND IT WILL REMAIN 😮😮😅😅😅😮😮😮POOR BECAUSE IT HAS NEVER PRODUCED ANYTHING.😅😮😮😮😮😅😅😅😅😅.
Please Arise stop giving your platform to elements like this, tribalist man . history will judge you Bayo. Arise TV l am disappointed.watching from Zurich Switzerland