#delemomodu
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jayessentialsblog · 4 months ago
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The economy of Nigeria is not crumbling, Reno Omokri replies Dele Momodu
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On Thursday, July 18, Dele wrote an open letter to President Tinubu in which he expressed concern about the status of the country, citing the flagging economy in particular. Reno made the case that the Nigerian economy is solid in a post that was posted on X. He then listed a few examples to support his claim. He wrote; Response to My Beloved Senior, Dele Momodu: Nigeria's Economy Is Not Collapsing. Far From It! Dear Egbon Dele Momodu, I read your open letter to President Bola Tinubu, in which you said, "Our economy has virtually collapsed", among other things. Respectfully, the facts do not support your assertions, and in your open letter, you did not provide any facts. Only opinions. So, please let me present some facts that contradict your opinions. Firstly, only yesterday, the International Monetary Fund projected that due to the reforms being undertaken by the current administration, Nigeria will have a 3.1% GDP growth rate in 2024. This is one of the best projections for an African country in 2024, and does not signal an economy that has ‘virtually collapsed.’ Secondly, Nigeria had a record high of ₦6.52 trillion trade surplus in the first quarter of 2024. This has never happened before. We routinely had trade deficits in the past. This means that because of the monetary reforms by the current government, Nigeria is now exporting significantly more than it is importing, and the growth is largely in the non-oil sector. For example, Nigeria is now a net exporter of clement to Europe and a growing exporter of refined petroleum products to Europe and West African states. Ghana, a fellow petroleum exporting country, is largely dependent on LPG from Nigeria. This projects growth, not collapse. Thirdly, in terms of revenue, all Nigerian states, bar none, have received significantly higher federal allocations since May 29, 2023, than they were receiving under the Buhari regime. Each state now gets at least 45% more federal allocation, with Nasarawa getting almost 100% more and Anambra getting 70% more, whereas their wage bill has not increased. The above projects economic strength rather than collapse. Fourthly, according to Financial Derivatives (FDC), with a Return on Investment of 22.90%, Nigeria's Stock Exchange is now the most profitable capital market on Earth, bar none. Please note that. Bar none. The National Bureau of Statistics has also corroborated this. For the first time in our history, the all-share index (ASI) of the Nigerian Stock Exchange crossed the 100,000 mark in 2024. I would not categorise such growth as collapse, and I am sure investors who smiled to the bank would not either. Fifthly, capital inflow into Nigeria increased by 66.27% this year. This is probably w Read the full article
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kurukeretv-international · 2 years ago
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What a wise man Dele said about incoming Nigeria president come 2023 #delemomodu #dress #politicslife #politicsnews #newstar #newpresident #Newport #unstoppable #president #asiapolitics #indiapolitics #Europe #West #East #North #lagospolitics #jornalismo #journalistlife #magazine #nigeriapolitician (at Lagos, Nigeria) https://www.instagram.com/p/CkvbeQYMwX8/?igshid=NGJjMDIxMWI=
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cheta776 · 4 years ago
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BBNaija 2020: Erica regained her joy as Dele Momodu assured to offer something for her - You're not alone, he said
BBNaija 2020: Erica regained her joy as Dele Momodu assured to offer something for her – You’re not alone, he said
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Dele Momodu in a tweet that has gone viral on internet has made a wonderful assistance to Erica that there’s something they are preparing for Erica , adding that the young lady is not alone.
Erica was among the housemates who was recently disqualified from the eviction of BBNaija 2020.
“We are with you all the way… We have some plans ongoing… Stay strong…” he tweeted
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sakeez-dmw-blog · 5 years ago
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@delemomoduovation confides in #Tinubu..... Uncle Dele Momodu is everywhere, Anywhere, where where where. From PDP to APC , APC to PDP and recycle again and again. A legend💪🏽😂👏🏽 . . . . #MMFng #massmediaforum #massmediaforumng #delemomodu . . . . Follow: @massmediaforum https://www.instagram.com/p/Bxvc4vYDWas/?igshid=1asbve0xlz49e
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newsadmire · 4 years ago
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I chose Atiku Abubakar in 2019 election because nothing was changing with Buhari – Dele Momodu says
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theinfostride · 3 years ago
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Late TB Joshua Doesn’t Need Anybody’s Validation – Dele Momodu Popular celebrity, Dele Momodu has come ... Read more: https://bitly.com/3pyrDBI #DeleMomodu #Synagogue #TBJoshua #CelebrityNews
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jayessentialsblog · 4 months ago
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Dele Momodu: Tinubu is squandering Nigerian resources in an attempt to secure a second term
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Leader of the Peoples Democratic Party (PDP) and seasoned journalist Dele Momodu warned President Bola Tinubu on Thursday not to waste Nigerian resources while lusting for a second term. According to Momodu, Tinubu may best satisfy his desire for a second term by doing well. The publisher of Ovation magazine encouraged the president to invest in vocational training for young people in a message on his Facebook page. He suggested that the President ought to modernise educational facilities and make investments in agriculture. Momodu issued a warning about the harmful effects of providing politicians with cash to spend on campaigning. Momodu stated: “I believe you’re frittering away our resources because you desperately crave a second term. But the best assurance of a second term is PERFORMANCE. “Nigerians are not expecting you to turn water into wine but they don’t want you to turn their wines into water. “Here are my tips: invest in vocational skills for our highly talented youths who can demonstrate their capacity for hard work. Invest heavily in local agriculture. “Upgrade our institutions of learning. Giving cash to politicians to distribute is unhealthy and unhelpful. It is the height of cluelessness.” Read the full article
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goldmynetv · 6 years ago
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Photo from #royalvisit to Nigeria with celebrities in Lagos. #PrinceOfWales #LagosToLondon #MrEazi #delemomodu #AdesuaEtomi #LalaAkinwoju #RitaDominic #dareyartalade #Event #nollywood https://www.instagram.com/p/Bp8szBNnVTU/?utm_source=ig_tumblr_share&igshid=v29xae4tb26e
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ordinarymemesfact-blog · 6 years ago
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Let your People go Mr President- Dele Momodu
Let your People go Mr President- Dele Momodu
Dele Momodu And President Mohammad Buhari Mr. Dele momodu wrote a long letter to the president of Nigeria His excellency President   Mohammad Buhari appealing to hi, to let Nigerian’s (his people as he wrote) go..
In his letter he wrote: Pendulum
Your Excellency, it is with every sense of love and patriotism that I have decided to write you again despite the frustration of knowing that you may…
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ekpoesito · 7 years ago
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#DeleMomodu with #Davido’s daughter #Imade after reconciliation with her dad last night #OvationCarolAt10 #OvationRedCarol! #ekpoesito
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phcitytraffic · 7 years ago
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#DeleMomodu confirms #royalbreakup between the #OoniofIfe and #Oloriwuraola Follow @phcitytraffic for more updates #RiverState #PortHarcourt #phcitytraffic #Lagos #Abuja #Nigeria #Africa #WestAfrica #Regrann
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gidblog0 · 2 years ago
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Obi’s Supporters Are Not Willing To Bet On Him – Reno Omokri
Obi’s Supporters Are Not Willing To Bet On Him – Reno Omokri
Reno Omokri Reno Omokri has trolled supporters of presidential candidate, Peter Obi for avoiding to stake a bet on him. He wrote; I applaud @adeyanjudeji’s guts. He deposited $10,000 with @DeleMomodu in fulfilment of his bet that Peter Obi will come a distant 3rd in the election. More surprising is that no Obi supporter is willing to take him on and bet $10,000 that Obi will win.…
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sakeez-dmw-blog · 6 years ago
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Ovation Chairman, Dele Momodu Cries Out On IG After Spotting An Aircraft Which Collapsed Backwards After It Was Overloaded With Too Many Bags Filled With Money At A Nigerian Airport!!! . Dm for paid advert . . . #massmediaforum #delemomodu . . . . Follow: @massmediaforum https://www.instagram.com/p/BuFsa_sjqWU/?utm_source=ig_tumblr_share&igshid=174j2dbome114
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km-flex · 4 years ago
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Just Pinned to Nkonlineblog : Dele Momodu reacts to photos of Omoyele Sowore arriving an Abuja court for his bail application this morning in handcuffs . . Follow us @nkolineblog . #nigeriangovernment #OmoyeleSowore #delemomodu #abujacourt #federalgovernment #naijagist #naijalatest #Aprokonaija #nkonlineblog https://ift.tt/3odP5Tg
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thisdaynews · 4 years ago
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"You Have Done Worse To Us" - Ghana Info Minister Replies Lai Mohammed
New Post has been published on https://thebiafrastar.com/you-have-done-worse-to-us-ghana-info-minister-replies-lai-mohammed/
"You Have Done Worse To Us" - Ghana Info Minister Replies Lai Mohammed
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“You Have Done Worse To Us” – Ghana Info Minister Replies Lai Mohammed https://twitter.com/DeleMomodu/status/1300068987167010817?s=19
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goldmynetv · 6 years ago
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#davido and #delemomodu exchange pleasantries at an event. Oh well!!!🤗🤗 #nigeriancelebs https://www.instagram.com/p/BpuxmC7FAPr/?utm_source=ig_tumblr_share&igshid=1xm4dn70gg36n
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