manieghost

I see people making tweets like “Nigeria must work.” It’s like standing in front of a moving train and declaring that the train will stop. Keep your prayer for yourself. You will need it if this man stays in office in the next 4 years.

2. Goods also travel. The cost of transporting goods will rise and sellers will transfer this to the prices of their goods. So expect everyday goods to rise sharply. 3. Cost of production will also rise. Companies that run on generators will raise their prices to break even.

4. This means demand will drop drastically and once demand starts to drop, companies will begin to pack up and fail. But this is not the sad part. I know! It gets worse. 5. If companies are failing that means government taxes are falling too (let’s forget unemployment first).

6. For a man like Tinubu that measures his success through IGR (which is a pretty dumb way though) he cannot stand and watch IGR fall. What will he do? Increase taxes because that’s always his first instinct which will further drive a lot of businesses to fail.

Let me tell you people how Tinubu’s tenure will go. It’s so easy to predict. 1. In June, subsidy will be removed. This will trigger inflation never seen in Nigeria before. I see people refer to transportation costs (for humans), but it’s a lot more than that.