Business strategist | Investment Analyst | Business consultant | Building @Pneumaimpact | Host of Talking Money @GoodnessNation | Son of @Preacherrapper 💯
Jul 31 • 14 tweets • 2 min read
Breakdown: 👇
Once upon a time in Nigeria, there was a big plan to build trains that would go from Ibadan to Ilorin, Minna, and Kano. These trains were going to make traveling easier and faster for everyone.
To do this, the old government (not President Buhari) wanted to borrow a lot of money—about $30 billion—from other countries. Out of that money, $6.1 billion was for the railway (the train project).
Jul 22 • 6 tweets • 2 min read
Breakdown: 👇
WHAT’S HAPPENING?
Imagine if every time your mum or dad wants to buy or sell something from another country, they have to talk to many people — customs, tax office, trade office, and so on. That takes a lot of time and makes things slow and confusing.
So, President Tinubu said, “Let’s make one simple online platform where everyone can do all these things easily, in one place.” That online place is called National Single Window (NSW).
Jul 22 • 6 tweets • 2 min read
Breakdown: 👇
What is subsidy?
Imagine Nigeria is selling fuel (petrol) for ₦200 even though it costs ₦600. The government pays the extra ₦400 for every litre so people can buy it cheaper. That extra money is called a subsidy.
