Nigeria Can Consider Getting a $30 Billion IMF Stabilization Programme - Moghalu
Вставка
- Опубліковано 6 лют 2025
- Even though the IMF might be a dirty word in Nigeria, we are already doing what they want, with the removal of subsidies. The real solution to our economic crisis is to study what brought us here. Nigeria can consider issuing a N20trn bond to finance projects in railway, housing, and agriculture nationwide and create 5 million jobs within three years
Prof. Kingsley Moghalu, Chairman African Private Sector Summit
Subscribe to our Channel for high profile interviews. Follow us on Twitter at / arisetv |
and Instagram: / arisenewsofficial |
and Facebook: / arisetvnews |
Check out our website www.arise.tv
I am from DR Congo but I love the listen and learn from the guest. He is a great person
Hmmmmmmmn ! This ppl are nothing but taliban economist ; and they’ve been around for the longest ….and part and parcel of the rotten system that always cares about the stomachs not the commoners . All their prescription is borrow borrow borrow ….he remains a voodoo economist .
Indeed
Rufai, you be man! Sound , courageous and concise..
What is lacking in Nigeria is truth, honesty and transparency.
Refuse to fight corruption and criminality you will never prosper.
Did you see how Rufai's questions made the professor go deeper in analyses? Rufai is very good.
Rufai is a blessing to journalism in Nigeria and a delight to our minds. Those criticizing him blindly are either tribalistic, corrupt, foolishly , religious, or dumb.
I absolutely agree with you.
He is the best.
It's great to see this man has still maintained his progressive mindset.
Nigeria hasn't had its effect to dull him. There is still hope for Nigeria with people like Prof.
Give an Igbo man an opportunity to rule Nigeria and economy will improve
Rufai never disappoints, a very smart young man. He is very knowledgeable in several spheres, and it guides his valuable contribution. His grasp of historical context and evaluation shreds the shallow arguments of his numerous guests. I am so happy he is part of the national discussion..
Beautiful observation. I agree with you completely
You are a guru yourself... you give bars.
Please stop wasting your time on deaft and dump government
Rufai is an enigma, a blessing to journalism in Nigeria and a delight to our minds. Most people blindly criticising him are tribalistic, corrupt, foolishly religious, and dumb.
He is the best and most intelligent journalist in Nigeria.
Rufai is not an ordinary conventional journalist you see everywhere but an apostle of truth on the media and microphone
Mr. Kingsley Moghalu kudos for the truth of Nigeria 🇳🇬 situation
I have always admire Prof kingsley Moghalu.fixing nigeria is not a rocket science,its just that our politicians are not interested.
Talk is cheap, Nigeria's problem is more complex than rocket science.
Ifekaego Nnewi you’re a genius we’re proud of you Chief.
Dr Rufai on fire. The right mindset, understanding the basic ❤🎉
I respect these Nigeria professors interviewed by Arise concerning economy these guys are intelligent
Listening to you opens up much of what L. P presidential candidate Peter Obi is talking about transforming Nigeria to production nation.
Not minding politics.
Listening to Prof here, I feel so hopeful for our dear country. And I couldn't help but wonder how we would've fared if Moghalu was the president!!!
It's impossible because of WHERE he comes from.....so let's stop dreaming
It's one thing to get sound and result oriented ideas in Nigeria but to make it works had been the problem. T 42:00 here are demonic agents in the system who will not accept re-forms or allow anything to work because of their satanic economic interest as we currently have in the petroleum industry. They oppose all forms of reforms using their political and financial powers, that is the Nigerian problems and even if you give the Prof the opportunity to serve as president he may not be as successful as you hear him speak. The system needs total overhaul and to be rid of corruption before we can record any significant progress.
Why is Nigeria not lucky to have people like prof as the country's president
Because we vote based on religion and ethnicity rather than based on competency and merit
Tribalism and nepotism
Because sustainable success is not a product of luck. The people of Nigeria have to decide to choose a leader on competence and not tribe or religion
Because we praise those who embezzled economic resources and has taken corruption as the way for leadership
The Unitary System forbid such. Imagine it's Regional Government easy become PM in his region.
The talk about investors coming back to Nigeria should never exclude the issue of insecurity. Insecurity is the chief factor driving investors away from Nigeria and the continued drift towards accepting or allowing jihadist or a militant form of islam especially in most northern parts of Nigeria including ethnic tension. No investor will knowingly endanger his/her own live or the lives of their staff and operatives in this sorts of society. The lack of a stable electricity supply, good roads and quality health care services or pipe borne water is another issues of concern for the investors. Quite surprised that none of these crucial factors was addressed by the eminent professor Moghalu. Thank you Dr Reuben Abati, Rufai Oseni and Ayo for this insightful presentation.
Aptly put.
Time alloted for the programme was not enough
One of the only people I can vote for in Nigeria. The others are, Tony Elumelu, Dr Akinwunmi Adeshina, Rev Sam Adeyemi and Okonjo Iweala. These are the people that can fix Nigeria. They have Nigeria at heart, not corrupt, have great ideas, young at heart and politically savvy
The right things are espoused by this eminent Nigerian. The country is not short of persons with great ideas. Moghalu has said it all.
Mr Moghalu came up with a very comprehensive and analytical thesis of Nigeria's problem and some solutions. The greatest set- back Nigeria has, its inability to mobilize Nigerians who are one of the most confident and smartest people on earth both in the diaspora and domestic to help solve their problems, This has been as a result of the many tribal and religous differences in the make -up of Nigeria.. This could also be the greatest asset Nigeria have, but has never been utilized. Once Nigerians see themselves as a Nation instead of groups of selfish tribal and religous entities most of their problems will be solved.
My GOD this is the first, very reasonable and self realisation of truth, spoken out of no hate but simple truth, we as Nigeria we do not know what we have in the combination of our tribes I hope we do not lose it before we realise the worth.
God bless you for this wonderful observation. I pray for that day when we get to see ourselves just as you pointed
Kingsley Maghalu is still taking us to IMF and Worldbank policy that destroyed Nigeria by taking $30B loan, he's not even talking about living wage that will develop economy.
He said Nigeria should float the Naira again to build railway, housing and Agriculture, that's the problem, IMF loan is a big problem in Nigeria, where are all the money we got from IMF since 1960? He's not asking questions and he want to put us into more problem.
Who are those investors? Same IMF white folks that are just here to cash out and make our people poorer
When you see people speak English, you think they have sense
Kingsley Maghalu is not aware that our problem is not wealth creation but distribution of wealth. We have enough money to go round but our criminal recycled politicians and elites in the society are stealing and storing them for nonsense.
#WeCantContinueLikeThis
Professor dey give Idea to drunk old blind man wey no get primary school certificate to carry out surgery😂😂😂
And yet your Ipobian rejects him as President and voted for third class degree in preference to a professor 🧑🏫. You be Mumu now
😂😂😂
Sad, that!!!
Omg 😅😅😅😅😅😅😅😅😅
3 times the propaganda asleep tv has been deleting my reply 😀they can criticise but doesn’t want to be criticised. DisOBIdientsupporters are brainwashed into believing that their 3rd class candidate can rule Nigeria with his tomatoes 🍅 paste warehouse experience. You can delete Mumu tv station
Professor Kingsley Moghalu honestly Nigeria needs you to be presidential adviser on economy matters.
In a government where the president is sincere NOT a self-centred one
You said he's good but why should he be good for adviser on economy and not president if Nigeria is distressed. Check the wisdom of Herod of making Joseph the adviser the main man to be in charge.
I honestly can't avoid listening to you Prof. Each time you speak it's a time to learn for a few of us....
Four groups that continue to destroy Nigeria 1. Politicians 2. Civil Servants 3. Banks 4. Governors
The last,the people attached to them.
This is intellect, knowledge n wisdom, Professor Kingsley Moughalu speaking with fact n figures not the agbodorians that act n speak like touts trying to defend the indefensible
This platform and channel, Arise tv, keeps impoverishing the hearts and minds of young Igbos. Great job Mr Oseni
This grammar - wetin you mean?
@@MrDuffydonhate, is that you?
That word is Keynesian, not Kinetian, guys! More importantly, Kingsley Morgalu and his presentation exemplifies the paradox that is Nigeria…..a country blessed with world class talent and yet remains impoverished by clueless and devilishly corrupt politicians. Unbelievable!
I hope Cardi-B (Cardoso) and Ednut (Edun) are taking note of what Prof is saying.
Rufai is one of the most intelligent and informed journalists in Nigeria. I don't even know comes second. He comes to the stage with facts and figures. That is why politicians and their cronies hate him. He simply destroys any illogical presentations. He is historically adept and can truly discuss any topic intelligently.
Population is a great asset. Professor Morghalu should rethink his submission on population. China is regretting its radical demographic tune down. People or human capital are an economic asset.
Excellent leadership award??😮
Seriously?
My prayer is, if this man is doing well, may his well doing rest greatly and permanently on all his supporters and generations 🙏
Perfectly well said by Prof Kingsley & Hon. Rufai... both deserve award! Nigeria has intelligent vibrant young men n women, I wonder why we shld allow old men who can not govern their families to rule us. I come in.peace not pieces 😮
Super interesting interview, he knows his stuff, a word is enough for the wise. Super speech.
Waohhh, i love when intelligent people discuss issues. This is an awesome insight
I read Prof Moghalu’s paper and he shows a thorough understanding of the problems facing Nigeria however, I felt he should have done abit more to address policies that could be used to regulate the economy such that corruption can be nipped in the bud.
I don't even know that magical policies that most or u are waiting to be given to deliver us in this quagmire we found ourselves in this country. Someone has said everything and someone is still expecting another kind of solution.
Brother no other ways than what he has said which the buck of them lies with leadership.
Until we can get the right people with right character into leadership nothing will work
The application of Keynesian, Friedman or any sort of economic model is not the fundamental issue as regards the Nigerian economy. Corruption awaits any policies or models that intend to reshape the state of the economy. Currently, Nigeria needs a rigorous social and institutional framework that would reset our mindsets. Aside from the foregoing, no policy or model can ever yield a positive result.
Unfortunately it's same people that will carry out the reform. Snake does not swallow itself.
Therefore let your yea be yea and your no be no. INTEGRITY IS THE SOLUTION
That's why I said remove government from the production line reduce regulation and give whatever the government makes to the banks so that private institution can access these funds and build the infrastructure let the users pay for it's use
Professor Morghalu's economic recovery model should be given due consideration by the government.
We indeed have quality citizens in this country who know the issues and the solutions for Nigeria’s problems. Prof Moghalu is one of them. And there are many of them all around Nigeria in all geopolitical zones. Unfortunately, the politicians not yet interested in solving the issues and changing the course of this country.
This man needs to be working for Nigeria
Sincerely I enjoy listening to Arise News. You people are very curent
What an intelligent man❤
I supported prof when he ran for presidency. Too smart.
No presidential candidate come close to him.
FRAME 5:00 "When are we going to become a truly prosperous nation? When are we going to become an emerging market?"
--Kingsley Moghalu
Question don climb question!
THROWBACK! Mr. Kingsley Moghalu, once upon a time, proposed the "Dubai" and "Malaysia" "models" for various zones of Nigeria. What changed?
God bless you Rufai.
This Rufai always want to be the interviwer and interviwee at the same time
Prof Muoghalu Kingsley bristles with wisdom. The type that is very uncommon. He is the type of person Nigeria needs at this point of national hopelessness in all fronts. There are a good number of such Nigerians gifted with very sound ideas and a practicable road map out of "this woods ". The issue is whether the government is amenable to advice. Does the government care about the woes of the country?. Are they committed to turning things around for the very deeply distressed citizens or are they non challant and rather looting from the already damaged economy.?
Leaders must lead. Kingsley Moghalu is absolutely correct. Those who with the highest intelligence and integrity should be at the helm of leadership.
All that professor is saying is the way to go, the problem is that the person there doesn't have the character or the competence to lead the way. He doesn't... he just wanted to be president nothing else.
Yes and his always sleeping on duty😂😂😂
Wise analysis. You need to head the economic team. God's grace
Thank you Rufia! You are a wise man
Will these suggested approaches fall on deaf ears as usual ?? All hope is almost lost . What a nauseating shamble of a situation in Nigeria 😢😢😢. We must get some experienced laurels who still have integrity intact, to bring out solutions and work things right in Nigeria . No nepotism,no godfatherism and no to inexperienced money- minded beings . Else ...welcome to hell on earth .
I always like people of knowledge,
I really enjoyed this great job Arise
Sir....Abeg dey use punctuation marks so you won't be confusing us.😏😏
Brilliant submission, another IMF loans being the top option confirms the immense problem Nigeria is in. You won’t get great loans from any lender if you don’t have income to back it up-if anything, it might be a predatory loan or one where the borrowers bears all the risk. This is all in hope that a small group of investors would see it as opportunity for quick cash, a case of “free in free out.”😢
The IMF loans have not stabilised Ghana, Sri Lanka, or Argentina. Nigeria needs political restructuring to diversify the economic away from a mono-product (oil export)
IMF loans come with devastating conditions. Are old enough to have experienced SAP, structural adjustment Program? Nigeria was Killed!
People like Mogalu should have been made the president of Nigeria...
The Africa problem.... they don't use their best
Peter Obi said everything this man said and more.
Thanks for all said, Is time for Nigeria to know wat they are doing,thanks
People like this are in Nigeria and we are voting Buhari and Tinubu. When are we going to have a president that understand numbers like Prof and Peter Obi
Misappropriation is the main economic problem, thank you Rufai for asking the right questions. The government system is ad-hoc, short-term and sinister; thank you for the summary Prof. Moghalu. A recap of your presentation at the Leadership award, the economic advisory committee members should be full time not ad-hoc or persons with invested interest as currently constituted. It is not rocket science to get Nigeria working again, only the right persons with the right mind set will make the difference.
What a shame, this kind of people that should rule Nigeria, but is the worst of us that rule us.
Until we have a round peg in a round hole we go nowhere cos how do you explain this bundle of knowledge not in corridor of power. I weep for my country
Great presentation proff
With so many Nigeria professors, how many of them come public like this analytically, knowledgeably, and brilliantly conscious and eloquent???
This Prof is good
I put it to you that if they take any IMF loan, they would share the money.
Mr man thank you for saying the truth that politicians are not feeling the hardship in Nigeria and they have job while common man don't have job that will give them daily bread may God bless you professor Kingsley. M. for your truth.How I which will all can listening to one another it could have been better.
When the common man on the street is always interested on defending the criminal Politicians because of where they came from not minding that their actions are affecting every Nigerians irrespective of tribe religion or region
Igbo Nwere Mmadu.
Mazi Daalu.
Keep Educating Umu-ewu Umu-Aturu na Umu Ishmael that sat on the affairs of Obodo Umu-Anumanu
Hahahahahahahahaha
Nwanne Biko were nwayoo
Tuoya, Ifekaego 1 na Nnewi
These submissions of Prof Kingsley is very sound. But the greatest asset that will attract investors is leadership. Who is the leader of the nation? No investor will have confidence in a leader whose vision is more political than nation building.
As long as our leaders are fixated on sharing oil money as against boosting agriculture to export levels and manufacturing, the economy will be on this downward trend.
There is economical war in Nigeria just as there was leadership war in Nigeria which is becoming the thing of the past
The Igbo wants to hijack the economy control from the Yoruba. The attack on farms is part of a battle for who controls the economy.
When the battle for the economy is ended and the true economical leader his seen, Nigerian economy is stabilized
Tech...
The land must be rightly used.
Ko si nkan ikoko ni eyi😄
ToLu Emiayo
This is Love
My only problem is the
Nigeria people they keep voting 🗳️ this people into power
Now this is an objective critique of the current situation, not one based on sentiments or driven by politically skewed views.
Well the tax reform bill should address the issue of taxation which Prof. Moghalu pointed out. The issue of accountability on revenue sources and generation is not difficult, that is something politicians do not want to ever see come to light. Then something else he pointed out is shedding weight to sub-nationals, this is also a very political issue as the sub-nationals avoiding accountability will push back through propaganda against such moves. I think the tax reform bill implies that indirectly which is why they are pushing for total withdrawal. I hope to hear more discussions like this. Thanks Prof.
We have a country run by Carpenters and Mason with mortar with no architect to interpret the features of the building. God save Nigeria!
Great commentaries
Rufai is simply incredible and unbeatable.
This man would have being the best candidate for finance minister or CBN governor but the haters of igbos won't let him...
Rest Please
Well spoken,.
Me Abati ran🏃🏃🏃. May God help us.
The president gets an award 8 months in office. Kudos to the president, hope he doesn't disappoint like all his predecessors.
At this time in Nigerian history, we need a well versed president that knows what to do to bring the country out of the woods. And not someone that has zero knowledge and therefore depends on advisers to come to his rescue. But tribalism and religion wouldn't permit that to happen.
No presidential candidate come close to Professor Kingsley Moghalu in the area of competence, character and capacity.
Good talk.
This is the same thing Peter Obi has been talking about. Is it that people are not listening because of envy , bitterness or what ? This is not new idea but now that we have more people saying this same thing can we get to work?
Very correct
I pray so
Hi level of sentimental mind and illiteracy is holding us backward
Interesting
Rufai is tickling my fancy today!
Our problem is corruption, corruption, corruption, etc.
Loan is not the problem. The problem is that these thieves are already measuring homes, and all they will buy with the stolen funds. And IMF does not care that the entire 30B will be stolen.
IMF is one of Nigerian problems. They enjoy our politicians a lot. IMF gives Nigeria loan, Nigeria politicians will loot the loan, send it back to IMF and they will look for a way to give Nigeria that same money as loan again. And debited us the second time while we are yet to pay the first.
I like all that Mr. Kingsley said but I don't like the area of borrowing from IMF again.
IMF is one of Nigerian problems. They enjoy our politicians a lot. IMF gives Nigeria loan, Nigeria politicians will loot the loan, send it back to IMF and they will look for a way to give Nigeria that same money as loan again. And debited us the second time while we are yet to pay the first.
I like all that Mr. Kingsley said but I don't like the area of borrowing from IMF again.
There is no reason for you two to share your comments. Too much negatives. The problem with Nigeria are nigerians themselves. Both the people and the government.
@taharka3897 okay Tinubu.
We hear you. Now move on.
It's a public forum.
@ojobee Tinubu? No, not a chance. Besides, I am an American. Like I said, you are negative. All people like you do is complain. You have nothing positive to add to any conversation. Nothing can be fixed by negative thoughts if that's the only thing you have. Should always be a balance.
On point...
Nigeria in 2024 no security no electricity, food high cost . 😢 and it's usually like this every year. Privatisation has killed us deeply
Ruffy is back. No ruffy, no, no morning show
As he spoke, my mind went straight to Buhari. A man who should not have had any reason coming close to the corridors of power! He destroyed the country and posterity will judge him.
A very sound mind. All that Is lacking in this country is the political will to dp the right things.
Why didn't people vote this man
Informative and educating but I wish our eloquent Professor is proven wrong with massive improvements in our economy by the end of this year😂😂😂😂😂😂
I think they've gotten the loan since last month
Just saw and would like to let you know that we seem to be building our castle in thin air. There’s nothing like structure in Nigeria. This is why it’s easy for them to swindle us.
Most countries of the world operate data- driven systems whereby it is crystal clear to see the activities in the system except Nigeria. Until such a time when our systems are transparent and can be evidenced in actual numbers and not ‘manipulated’ that will be the time to analyze using relevant laws and theories to access the performance and validity of the economy. We are just being fed with abracadabra economic theories which have no simplest resemblance to the reality of our people.
Nigeria will do well if we go our separate way or better regional level
I disagree with you. I think drafting more laws and updating the nations constitution to fight our core issues with a competent enforcement agency to enforce the laws and ensure every citizen adheres to them.
@TravisGunderson-ge9nh is that goings to fix mistrust among different tribes which biggest problem nigeria is faced with, it have prevented us from electing credible leaders, eg if south west was country of it own, there is no way they would want tinubu to be their president
Did l hear Presidential award for Leadership Excellence?😂😂😂
I tire o!
As in eh!? Na wao! 🤷🏽♀️
Listen without hatred he his a president of an organization
Nepotism, religion and tribalism contributed mostly to this our problem. I remember when prof kingsly was appointmented by the late president Yara Dua for the deputy governor of the CBN..he did it without being tribal sentiment but for the sake of competent. Obasanjo did the same to okonjo iweala present govt should do the same to bring people like prof Kingsley to his govt to achieve a common goal irrespective of tribe or religion
I need an honest answer my dear Nigerians, these locally assembled brands like the Innoson and co, are they truly efficient and durable for our roads? I completely support the idea of our government officials using locally assembled vehicles.
Yes
They are
Personally I don't think so. They are Chinese models anyway.
With this kind of large population, the government might consider selling some of its citizens to other countries.
😂😅😂
Abeg I want follow people to be sale to U.S
Taking money for what? The previous one taken used for suv is this wise spending?
You will explain until the world comes to an End
What is your solution sir???
In addition to my previous comment, I would recommend that the Nigerian Govt invest in building a Super Computer and develop A.I softwares that can be used to compute, simulate and proffer solution to these problems, because the problems of that country are complex. Thank God we can now utilize computational power to assist in thinking for us. That's my urgent recommendation to solving some of the major problems of Nigeria. To avoid all the scope creeps of biases and ageism.
ANY POLICY OR KNOWLEDGE WITHOUT WISDOM AS DRIVERS WILL NEVER WORK.