Nigerians Protest Against Economic Catastrophe under Tinubu | Vantage with Palki Sharma
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- Опубліковано 27 лют 2024
- Nigerians Protest Against Economic Catastrophe under Tinubu | Vantage with Palki Sharma
Nigerian President Bola Tinubu introduced economic reforms as soon as he took office. He removed Nigeria's fuel subsidy & devalued the currency, the Naira. Both moves have had a disastrous impact on Nigeria's economy. The country is seeing inflation approach 30%. Palki Sharma tells you more.
Also read: www.firstpost.com/opinion/van...
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Nigeria | Labour Union Protests | Inflation | Firstpost | World News | Vantage | Palki Sharma
#nigeria #labourunionprotests #inflation #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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We Nigerians love your work from wion to Firstpoint.....
Mentioning Wion confirms you have been following her 👍
How you love the work of someone who is lying about your country you need urgent medical attention she said Nigerians is second largest economy in Africa!!? Just to put your country down Nigeria is largest economy in Africa take it or leave it another thing I want to aske you is petrol price in India cheaper than Nigeria? Is electricity in in India cheaper than Nigeria ? How much is Indian currency to dollar? How much is the minimum wage in India she is talking like India is better Nigeria is better than that dirty country
@@muhammedhausawi8179
Why do you love to lie and talk rubbish? Are we not all in Nigeria?
Its obvious you are an APC supporter@muhammedhausawi8179
@@nwannetheodorah909Coa
Thank you for broadcasting our issues. It’s a highly alarming inflation.
In the short run, the hike is terrible. But in the long run, you guys will benefit. All the best.
@@Contractor48 In many countries it’s a bit easier to see how it would help in the long run but not so much in Nigeria where corruption is too high and the government is still reckless with spending on frivolities while the masses suffer. The people do not trust the president. He came through corrupt means in an election he did not win, his history is entrenched in corruption (drug peddling, certificate forgery and election rigging) and his actions in power have raised many doubts about every promise he makes. Nevertheless, I’m expecting the best and preparing for the worst.
@@Contractor48now make that make sense😂😂😂😂
Food prices is 500% increment
Where is all the national reserves / resources/
Why the purchase of yacht and why this luxurious travels.
We have bad leadership but we forget how worst the adult suffrage ( the voters ) or allow themselves to be bought by wicked imposters….
30% that's what the government says but in reality it's much higher than that
Am not surprised
In reality it is 100% at a low end
The inflation is at 150%
As a Nigerian.. I can assure u that what we are going through in this country is way beyond what u see on the news and other social media platforms..
We are truly suffering...
I concurr
Inflation in Nigeria is nothing short of 100% on the conservative estimate.
Nowander I see so many Nigerians coming to Kenya in large numbers
I wouldn't hesitate to leave this country if I get the chance..
Honestly
@@godszilla45pray to jesua
Thank you palki, it’s just so pathetic that Nigeria as a country with lands full of Agriculture , is clamoring OF hunger , and also the fuel subsidy has been the bedrock of the problem.. Thanks for speaking our minds
Thise lands are reserved by the white man for EXPORTING!! That food do not go within Africa's territory it foes to America, France, Germany etc etc etc and yall know that 😂😂😂
What is clamouring for hunger?
You dey learn English Language?
@@jeffaris2012Go and ask your Grandfather
@@jeffaris2012how is your boyfriend now
Is so because the bandit didn't allow people to farm ❤
Dear beautiful Palki Sharma, thanks a million. No News channel reported this incident in Nigeria like the way you did. Brief, concise and brilliant.
The Nigerian press is under Tinubu. This is the worst media time we have ever had in Nigeria. Imagine the style of Punch Newspaper reporting during the time of Buhari, when things were better than this!
But some facts are distorted. There is nothing like free distribution of rice. People's hard earn money that custom confiscated and are distributing it for a subsidized price. There is also nothing like payment of stipends to the youth in Nigeria as was reported.
Arise news did cover it
Stop lying to appear smart. Arise News and Channel TV have reported all these in far more details than this simple summary she just made. If no Nigeria media outlet has reported it this way, where did she get her info to report? Those live interviews do you think Firpost were the ones that did it? They got it from Nigerian news platforms.
Stop watching NTA and TVC news. Watch better channels
@@user-cx1jn2nc1zyou dey mind the werey
Floating the naira wasn't going to attract foreign investment when Nigeria's electric supply is notoriously unreliable. In fact, foreign companies have been leaving Nigeria due to it.
Insecurity too
Exactly! You can't power a factory using fart
Who would want to do business where basic infrastructure is non existent?'
Nothing beats insecurity
It goes to show you how currupt most Nigerians are. The level of curruption in Nigeria reflects on how poorly Nigerians run Nigeria. Basic infrastructure, like good roads, power supply, including health care system and clean drinking water is non existent. An oil cartel for that matter!
If you think of how the UAE is able to generate wealth to build and maintain its world class infrastructure, Nigeria has the same means of generating wealth from the same source as the UAE and even more wealth. However, compare the poor or substandard level of infrastructure in Nigeria with that of the UAE and you'll be shocked!
Thank You so much Palki. Your doing a great job. There are other factors that have contributed to the problem on ground. Outside the two you mentioned other are 3) High cost of governance 4)Insecurity 5)Corruption. Life is so hard in Nigeria right now. Prices of goods and services have tripled. A loaf of bread that was sold at 500 naira in December 2023 is now sold for 1200 naira. Living in Lagos right now is hell for salary earners
Add legitimacy issues to the list. Everyone with a brain knows the man rigged his way to that seat, with the corrupt judiciary doing his bidding. Investors do not want to invest in an economy that is shaky where justice is sold to the highest bidder. Lack of constant electricity is another factor.
Now N1,600 😮
I don't understand how Nigerian hungry??
You don't understand abi? 😅 okay! Come and live with us for 2 weeks you will understand
This two issue are related to all what you have mention
I'm Nigerian and this news today made me totally believe that all others news are accurate and this channel should be followed
I love how India❤ media covers Nigerian news better than Nigerian media house😢
😂
Sams is in India bro, Indian media don't pick even Indian issues
Very well articulated report
May God bless the Giant of Africa, sending love from S.A
😂😂😂
@@comrade9374 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
😂😂
😂😂😂😂😂
Giant of Africa are toxic
What do you expect from a criminal and a thief?
Did you even watch the whole clip?!
@@temidayojaphet2901yeah i did it only proved how incompetent tinubu is
@@temidayojaphet2901 what about his comment suggest he didn't watch the video. I ask again, what were you expecting from a wicked criminal like Tinubu 🙄?
@@temidayojaphet2901What kind of question is this? You are asking a Nigerian to watch a clip when he is living the whole movie(In real time)🤦🏿♂️
@@i.blazeeweka7461aswear some yoruba people dey vex me with their stupidity 😂
Thank you for showcasing the truth, Nigeria is a wealthy nation, blessed with vast hydrocarbon reserves....but thanks to years of mismanagement, Nigeria is in a rut ...
Thank you very much Palki Sharma. the analysis is so accurate. Nigerians are really suffering right now
And need India's help to make them more superior to Nigerians working with Indians abroad
Just like all of the people they have ripped off over and over again.
😂😂
Ure spectacular mam
Everything said was nothing but a naked truth
Much love and respect from Nigeria
You are
Palki nailed it
As an officer of a large federal bank recently said, "people complain of the cost of eggs, then go out and buy a new car."
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
Who is your financial coach, do you mind hooking me
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Cryptocurrency investment, but you will need a professional guide on that.
Facebook 👇
That is pure truth
Brilliant analysis! You captured the issue!
The hasty announcement of the removal of subsidy is something the Tinubu administration will never recover from; it caused colossal and geometrical damage to the economy!
Do you want to remove a fuel subsidy that pushes the country deeper into debt and a bleak future or cut the subsidy, deal with hardship and slowly work your ways to prosperity? Every choice has consequences
It is the corruption they have dealt with not the subsidy, then work on power to reduce the burden on fuel and diesel, lastly subsidy remover should have been step by step as they study the effects.
@@user-fp5hq5kj2bwhere's the subsidy money then? The needed to deal with the corruption in the subsidy regime.
Eight months have passed since the removal, where's the money that was been used to pay it kept? At least we should have been told "this is the money that should have paid to subsidy but this is what we want to use it for." But no, it's been looted into another pocket leaving the common Nigerians to suffer for sins they never committed
Again, the price of Diesel has increased from the the price we got after removing subsidy from Diesel because it was subsidy on Diesel that was first removed like two years ago. So, the price we bought up to November 2023 was still #800 per liter and since then, it has been changing, it's now #1,300 since January and since we do not have stable electricity, that's what industries use to produce and the cost is also reflecting.
@@user-fp5hq5kj2b The government can't subsidize the entire economy by billions of dollars, turn it off overnight with ZERO plans on what to do alternatively, and anyone think that makes sense as a policy. It's absolutely empty-headed. It's like saying we're going too fast so we need to use this wall to stop our car. No, that's a dumb solution. It seems to be one of thr bigger issues with Nigerian leaders, in addition to being corrupt they're also just not that intelligent
Palki makes every story worth watching! Never wasted my time. Thank you mom ❤
Thanks for broadcasting this.
Am a Nigerian
Hunger. Poor electricity. Insecurity. 😢😢😢
Blame imf
This is the best analysis of our country's situation I've seen so far.
Thanks as always Palki. Your spot on. Much love from Nigeria
Excellent journalism!!
Nigeria, oh Nigeria, things never got too bad this way! Na wao?
Thank you for broadcasting the truth..the Nigerian government won’t
Thank you for sharing this vital information ❤
Please speak more on Nigeria issues
People are dying there women and children are suffering and starving
It’s beyond comprehension
Palki please talk more about Nigeria
From the rigging of elections to this
It’s all hell in Nigeria
Inflation is under statement
Please speak for Nigeria
Stay blessed!
And yeah I’m a big fan of your work
From Wion to firstpost
Good job
What of the men???
We love u keep speaking the truth Nigeria is hell
From corruption to rigged election, bad governance, high cost of governance, bad government policies, lack of employment opportunities, poor investment environment, lack of sufficient electricity, bad roads, bad maintenance culture, hike in school fees, food stuff's, high cost of living, rise in crime, downward slide of democracy. Nigeria is just Hell for Nigerian, except for those in power....... Milking the country dry... May God come down and help us. Amen
Well said, honestly were indeed suffering in our own father land..were in miserable situation in Nigeria we don't even know what to do.
I can swear with my life that most of those protesting or speaking voted for this government and the past government
You don't have to swear with your life, they are already gearing up to vote the same government in 2027, it's all tribalistic here thats the only thing that truly matters. The protests are just a mirage.
Ma, you and your team are doing wonderful job.
There are many problems to Nigeria's disaster.
1. All the politicians move their families outside Nigerian, therefore when they are assigned any money for projects they take this money to design better lifestyle for their families.
Please let me stop here for now.
Thanks.
Prayers For Nigeria 🇳🇬
Sure thing
What happened to the past prayers???
When would Nigerians start implementing actions instead of prayers??
@@wc899 you're right
Prayer is meant for sex only
@@wc899 you are right..Nigeria and Africa needs urgent action in the right financial,economic and social direction ....then we should add prayers.Miracles will not happen when the system is rigged to enrich an elite/dynastic few!Also God helps those who help themselves!
This woman is so intelligent she understanding the Nigerian situation is no joke
Please, we do not have a government in Nigeria, what we have is a structure of criminality. The so-called president accessed the presidency after he purchased the whole the system with the public funds he had previously looted when he was the governor of Lagos state.
Thanks for Broadcasting our issues in Nigeria🇳🇬... we've never seen this ever in our Life... World Bank policy has never helped a country
I have been a loyal follower of your channel but I have never commented until now but I am must I am very glad that a non Nigerian news channel is actually talking about Nigerian problems unlike other foreign channels that spend only 20 secs of Nigerian related matters
Thank you very much for talking about our situation and letting the world know what we are going through 🙏🏾
Following IMF advice is a terrible idea.
Thanks palki u are a professional journalist we love u ❤❤❤
Thanks so much for your support on Nigeria be blessed forever ❤️❤️
This media broadcast covers sufficient and comprehensive data on the suffering facing a lot of Nigerians today. But the truth remains… Nothing will change in the system if the suffering people in 🇳🇬 don’t decide to change it themselves. The ball is in their court. You’re superb at what you do ma’am ✊🏽
You're just an amazing news woman! Thanks for adding your voice to our struggles. Hope we make it out of this hole
Thank you!!
Outstanding reportage!
Nigeria is not a producing nation that’s our major problem 😢
They produce scammers
@@jpscott126 yea dats a good thing,at least they smart
As a Nigerian, never imagined i will one day hear you discuss my country. Much love from here
As an igbo
Nigeria is properly ruddered should have no business bending to the IMF demands. There's no nation that made gigantic progress economically by listening to the IMF. The main interest of the IMF is the opening of global markets in a structure that benefits already developed economies.
Tinubu is inept. He has nailed Nigeria's coffin. My country may never recover. 🇳🇬
Thank you for that beautiful piece of news. It's really very touching to see humans suffering from so much hunger and a selected few enjoying off of the peoples suffering. Thank you.🎉🎉🎉
Thank you Palki
Aptly described by Palki.
Your analysis is 10000% accurate , you are saying all these as if you are here in Nigeria or as if you are a Nigerian , kudos to you ❤❤❤.
Thank you for covering our situation, it's getting too much to bear. A carton of Indomi Noodles "Indomi Table" I bought at the end of January for #5,700 and was complaining is now between #11,000 and #12,000 and the price before covid 19 is #1,800-#1,900, even to the end of 2020 the covid year,we didn't buy it up to #2'500. I couldn't buy it, now I have 5pcs left and hoping the price will change anytime soon.
Spot on!
Spot on!!
Love you dear Palki.... Good analysis always...
The situation in Northern Nigeria is even worse than you can imagine.
Look at how much their MPs get.....but will the citizens complain...or riot ABT it....nooo..
We Africans deserve what we have coming for us
I cant stop appreciating you enough,you are the best
Accurate reporting 👏
Thanks for reporting about African country economy explained better in just 5 mins.
Thank you vantage for bringing the situation in Nigeria know to the whole world.
Keep it the roads blocked Nigerians...You have the power.
Palki is a rare gem, you are a great journalist
Thanks Ma'am
God bless you ma'am for be concerned about Nigerians. Thanks os much.❤❤
God bless you
30 percent is a massive understatement
It's up to 80percent
Thanks you
Thank you so much Ma'am Palki for reporting this critical issues in our dear country Nigeria. Most of the people who thought they were rich are crying as well. We pray Divinity to intervene😔
Even wealthy countries like Canada people are suffering, mostly done by weak leaders in our case Justin Trudeau spending and giving too much money away while it's citizens are going hungry and homeless and poverty is going up and up.
Wow! Good analysis, firstpot. I love you❤❤
Palki, you're the best!
My best journalist ❤❤❤❤❤
I'm a Nigerian 🇳🇬
I live in Ondo state, South West Nigeria
PEOPLE ARE SUFFERING
Thanks Palki ❤❤❤❤
Paying the price truly....
You are a very smart lady! You make a lot of research
Always keep watching your news.best in the world 🌎
Accurate analysis delivered compassionately. Tinubu has been a disastrous president. APC in general have been woeful in power.
May peace prevail in Nigeria.
Tell the world. Nigeria needs help!
😅😅😅
The government is trying to make Nigeria a more credit worthy Country to the international community and it's been tough on the masses .It's just like when you take what we call a LAPO loan here ,the repayment period is usually tough on the women traders who mostly patronise these loans but once they re done paying , they gain more respect and credibility to access more opportunities.We only have to appeal to the lenders to soften our repayment terms in view of the circumstances of the poor masses and of the precarious situation that the President finds himself in. That's my humble take on the issue . Ma'am
The citizen is the problem, not Tinubu.
They saw an obvious mistake and voted to suffer in it.
Nobody voted him,he rigged his way into power,datz why he has a problem of legitimacy
Tinubu didn’t win the election.
It's a lie. The election was rigged
Election that was rigged
Know one voted the criminal drug dealer INEC selected president 🥵🥵 He stole someone mandate 😬😬 He must step down 😬😬😬
Thank you Palki for highlighting the struggle in our beloved country Nigeria. Can you throw more light (internationally) on the despicable political state where greedy political leaders live large and fat @ the expense of poor Nigerians? They have turned hardworking, contented people into angry men and women. They consistently ask the poor to tighten their belts but are buying billions of Naira worth of official vehicle at such a time as this and loot on a regular! It is not only the removal of fuel subsidy (which has always been a muted way of milking the country for long) that is plunging people into this dire situation, it is complexities of issues which the current politicians are not ready to fix because it that is not their aim and objective. What about the insecurity that has sent most farmers out of their farms and consequently increased hunger? Some problems are global, I do agree but Nigeria’s case is peculiar!!
Thing's are really hard
Nigeria's love it.
Dont worry.
Straight talk.
We love his economy reform policy thanks
First report/Wion, we need you to do more critical coverage on Nigeria.
Obi is coming to make it right!
Palky, thank you for this but I want to also urge you to look into the issues of high cost of governance and the issue of lack of electricity and security which are the main issues that scare away investors. These are the issues that scared away the likes of Michelin and other companies from the country. Thank you
Nigerians are suffering. Tinubu government is killing Nigerians 😢
concise report. intelligent reporter. The reality is recolonization of Nigeria.
When you say 35%, that is different from the reality on ground. We are having over 120% food inflation especially on food.
Journalism is truly your calling. From Wion to Firstpost. We follow your updates. 👍🏽
The situation is terrible in Nigeria and the political elites are living affluently.
Good job you have always been too good for wion. Detailed and facts shows you do your research before broadcasting.
You are the best ❤❤❤
Good reportage! Kudos from 🇳🇬
Very true depreciation of currency making life difficult in Nigeria