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Ovamboland: This is the line sold to confuse and deceive people like you, don't you know USA became world power and industrial giant on the back of cheap energy prices when its fuel prices were cheaper by a factor of 3 or 4 compared to Europe.Complete and utter falsehood. No, the US does not subsidise fuel nor is it anymore industrialised than Europe. Its fuel is not cheaper by a factor of 3 or 4 and the difference in pump price is largely down to the high amount of tax that European states impose. Industrialisation is the product of high quality human capital and good infrastructure not cheap fuel. Nigeria spends more on fuel subsidy than on education and health combined, do you seriously believe this is the path to industrialisation? Fuel subsidy came into place in 1972, where is the industrialisation in Nigeria and how come Nigeria managed to have a diversified healthy economy prior to 1972? Only ignorance will not make you not see the dislocating and poverty promoting policy been pursued by unbridled fuel importation as Nigeria is about the only large crude exporting country that cannot refine enough fuel for domestic use , what a shame. Lives too many are dependent on price of fuel, inefficient generators for small businesses, public transport dislocations that you don't remove such subsidy carelessly.You are a confused man. You bemoan the loss of refining capacity but praise subsidy. Subsidy and Govt intervention has a lot to do with the state of our refineries. It's very difficult to get people to invest in refineries when the output's price is fixed by Govt fiat. More importantly, whether we refine or import, the Govt still has to pay the different between the market price and the fiat price. Given that our refineries are less efficient and given the opportunity cost of not exporting the crude oil which is ultimately consumed locally, it probably works out cheaper to import than to refine locally. If fuel subsidy is the antidote to poverty, it's odd that poverty has exploded since the 70s. Fuel subsidy is an odd policy tool for addressing poverty as it benefits wealthier households who consume more fuel than poorer households. Most Nigerians are rural dwellers and do not have generators or use public transport. My mum has 2 fuel guzzling SUVs and a Mercedes as well as 2 generators. Fuel subsidy benefits her, whereas a rural dweller living in Adamawa or Sokoto receives virtually nothing from the Govt. Don't you think there are better ways to target poverty using policy tools that directly target solely poor households such as higher minimum wage, free healthcare and education instead of subsidising the fuel consumption of say an Ikoyi resident who drives a Lincoln Navigator and needs generators to power their 6 bedroom mansion? Let's face it, fuel subsidy is a ruse by the urban middle and upper class like you who want to capture the proceeds of oil for themselves while displaying complete insouciance to the plight of the vast majority of poor Nigerians who face high infant mortality rates - nearly a million Nigerian children per year - low levels of illiteracy due to the lack of free healthcare and education. This seems to be a society that values cheaper fuel more than good health. Are you not ashamed that a whole government cannot or is not willing to defend or enforce it' own economic policies and is willing to surrender to so-called cabals who happen to be it's biggest friends and financiers of it's elections. The activities of this cabal would have led to firing squad or gallows in some other countries but our government presents these economic saboteurs as untouchable while the masses can be dealt with at will. I will try and avoid the regional slant where parts of the country that always participated in agitation to maintain subsidy suddenly became champions of its removalYou must have done some economics in secondary school. Can you point me to an economic theory under which price control promotes economic growth. I seem to recall it was the Govt that wanted to remove subsidy thereby pulling the rug underneath the feet of this cabal, it was people like you who demanded that we retain subsidy thereby giving succor to this cabal and those within the Govt that benefit from this subsidy program. It's funny that of all the poverty alleviating measures we had in place in the early 70s - free healthcare and education and fuel subsidy - only the subsidy policy remains in place. This is because it is easier to loot with the subsidy programme than with a free healthcare programme. We have to have a reality based debate - what has subsidy actually yielded Nigeria in terms of poverty alleviation and industrialisation? The question is not what we hope to happen but what actually happens. We have 42 years of experience to learn from. Compare Nigeria pre-subsidy to Nigeria post-subsidy. Poverty is better targeted by policy measures specific to poorer households. Give Nigerians free healthcare not cheap fuel. |
HiiiPower: 17. Professor Lola Young (b. 1951)Thank you, I thought she was of Caribbean descent. |
SirShymex: And Ghana has more MPs...but the mad thing about them is that they are all in the conservative party lol.I think we have about the same - 3: [url]http://en.wikipedia.org/wiki/Helen_Grant_%28politician%29[/url] Helen Grant (born 28 September 1961)[2] is a British Conservative Party politician and solicitor. She is the current Member of Parliament for Maidstone and The Weald in Kent and the current Minister for Sport and Equalities. She was elected at the 2010 general election, replacing the constituency's previous incumbent, Ann Widdecombe, who had decided to step down as an MP. Grant was the first black woman to be selected to defend a Tory seat and her election made her the Conservatives' first female black MP.[3]http://en.wikipedia.org/wiki/Chi_Onwurah Chi Onwurah[1] (born 12 April 1965)[2] is a British Labour Party politician, who was elected at the 2010 general election as the Member of Parliament for Newcastle upon Tyne Central, replacing the previous Labour MP Jim Cousins, who decided to step down and left the seat.[3] She is Newcastle's first black MPAnd of course:http://en.wikipedia.org/wiki/Chuka_Umunna Chuka Harrison Umunna (born 17 October 1978) is a British Labour Party politician who has been the Member of Parliament (MP) for Streatham since 2010 and the Shadow Business Secretary since 2011.[1]All our Naija MPs are mixed race but we will take that. Heck, we even have a Polish MP, can the Ghanaians top that?[url] http://en.wikipedia.org/wiki/John_Godson[/url] John Abraham Godson (né Godson Chikama Onyekwere; born 25 November 1970) is a Polish politician, a university teacher and a former Pentecostal minister. He is a Polish, independent Member of Parliament |
HiiiPower: Name: Baroness Margaret Omolola Young.How is this person of Nigerian heritage? |
This is for those cursing the US for having the temerity to offer an opinion on the efficacy of the ''Nano Silva'' pesticide as a cure for Ebola. Interestingly, 4 out of the top 6 recipient countries of US aid, 5 if you include Nigeria, are Muslim majority countries. http://businessdayonline.com/2014/08/60140/#.U_iZ0GPFPsM
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soroptimist: You are not getting it at all.......and i am afraid you opinion is exactly the way the government want Nigerins to thinkAll corruption is self-inflicted, corruption doesn't happen inadvertently but is the product of the deliberate machinations of insiders who exploit loopholes in policies to reward themselves. Any subsidy policy, whether you are subsidising fertiliser or fuel, is nirvana for thieves. The solution isn't to engage in fantasies about our political class ending corruption but in closing those loopholes that breed corruption, such as ending the subsidy policy. There are underlying premises to your argument that are unjustified, the main one being that subsidising fuel is an inherent good. The Govt fixing a price for a consumption good by fiat has no economic logic to it. If it was such a good idea, why are we not subsidising food stuff such as garri and rice? Is fuel more important than food? To compound things, the Govt's policy is to compensate importers for the difference between the market value of fuel and the fixed price. If you guys can't see the inherent stupidity in such a policy, I don't see any hope for this country. If subsidy didn't provide such a lucrative loophole, it would have long ago been abolished. In the subsidy debate, you have an unusual alliance between the profiteers and the people, between the exploiters and the exploited. I have always said that if this was merely about sharing the benefits of our ''bountiful'' oil proceeds, we can scrap subsidy and replace it with free healthcare and free education. Healthcare and education are investment goods - an educated and healthy populace are more productive and add to a nation's human capital. Subsidising fuel simply ensures the cheaper consumption of fuel presently but has no positive future value. The mark of intelligence - what distinguishes the civilised from savages - is the ability to plan for the future. |
Premium Times sources are not any more reliable than the sources that claimed these abductions happened. I tend to take the official position with a pinch of salt. |
dekronik: From what you are saying, Nigerian Army should show pictures of Maiduguri, Sudan, CAR, Mali and all other places where they are operating right?Here comes a member of the National Pollyanna Society with their faux patriotism. People insist that claims that Boko Haram control these towns are false. Yet, not one iota of evidence has been produced to disprove these claims. We are supposed to bury our heads in the sand, in the name of patriotic optimism, while our countrymen and women are slaughtered. By the time we admit the extent of the problem, it will be too late. |
Since we all agree that subsidy is a huge conduit for corruption, we should all support its removal. The money should be spent on free healthcare and education. The main reason why the subsidy budget is lower in previous years is that the earlier figures are bogus. The simple solution is to get rid of this fiscal atrocity called subsidy. Our fathers did very well without subsidy despite having a civil war to cope with. |
The Iraqi army, with their US equipment, ran away from ISIS so it's unlikely more arms will defeat Boko Haram. Same goes for the Pakistani military which has been unable to defeat Islamists in their country. This is decades of bad governance coming home to roost. |
There is enough blame to go round. In GEJ, we have the personification of incompetence, lack of vision and a deadly insouciance to the plight of Nigerians. But in many ways, GEJ reflects the people of Nigeria. They say people get the leaders they deserve. The ineffectiveness of Nigeria's military is not simply down to lack of equipment. The military is better equipped than Boko Haram but lacks the discipline, dedication and nous required to tackle the problem. |
barcanista: You are the liar and myopic poster not the poster you quoted. WHy not post your own fact and let him post his? Go to Ministry of Finance and CBN websites to find your info while do source ours. If you agree... Then We av a deal. Other than that, no one will argue blindly with yuFrabkC3 has already posted the trading economics source. The only posters who have no supporting evidence for their uninformed rants are you and the other mercenary - Omenka. http://mobile.bloomberg.com/news/2013-03-11/nigeria-2012-trade-surplus-widens-76-statistics-agency-says.html Can you please post your source you ignorant charlatan. |
omenka: Trade "surplus"?? Op are you alright??Can you point to data or any source that support your contention that Nigeria runs a trade deficit? You paid agents don't know how to make informed arguments and by adopting an absurd and unsubstantiated view, you expose your own side to ridicule. |
Falling imports is not necessarily a good thing as it may signal weaker consumer demand and or increased smuggling. In the latter case, goods may be smuggled through the borders to avoid punitive import tariffs. |
The Nigerian military can easily dispel the "false" claims by showing pictures of the military inside the allegedly captured towns. |
VirginFinder: Most Nigerians are cowards - both officers and men of the Nigerian army and civilians.This lie about the Nigerian army crushing MEND goes at the heart of what is wrong with much political analysis. The Nigerian military did not crush MEND, we simply paid them to stop fighting after the failure of the military option. By misdiagnosing our problems, we fail to solve them. The military is not fit for purpose. By lying to ourselves about the supposed successes of the Nigerian military - the Liberia and Sierra Leone interventions come to mind - we fail to recognise the depth of the problem. I referred to this earlier: The source continues: “The Nigerian forces lack training and kit, so they simply don’t have the capability to carry out even basic military manoeuvres. They have poor discipline and support. They are more likely to play a behind-the-scenes role in logistics and providing security.http://www.naij.com/13839.html https://www.nairaland.com/1098498/uk-guardian-nigerian-armys-shocking |
The RAF is sending three warplanes to help locate the Nigerian schoolgirls taken by an Islamist terror group, it has been reported.http://www.dailymail.co.uk/news/article-2729776/Britain-send-three-Tornado-reconnaissance-jets-Nigeria-join-hunt-kidnapped-schoolgirls.html
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barcanista: So what is your point?That you are a paid charlatan. |
barcanista: And I am telling you that average Nigerian DON'T earn N495,000 per year. That will tell you that the so called GDP is "BOGUS". The Gross National Income of Nigeria is laughable. The Gross National Product is abysmal. My Friend both our GNI and GNP that forms integral part of a country's development is nothing to write home about. It is not about "paper" GDP figures my friend.If Bill Gates posts on this thread, the average poster here becomes a multi-millionaire or even a billionaire. This is not because each poster suddenly becomes wealthy but because average is worked out by dividing the gross figure - whether wealth or income - by the number of individuals. In my example, if there are 50 posters including Bill Gates who has wealth of circa $50bn, each poster has an average or per capita wealth of $1bn. So when people say Nigeria's per capita income is N495k, it doesn't actually mean that each Nigerian's income is around that level. |
anonimi: Very good points but I would rather say POLITICAL Office holders & appointees wages.It is not popular to say this but public sector wages are higher than the economy can support. The proof is in the fact that we spend 70% of the FG's budget on recurrent expenditure - largely personnel costs. You can also compare Nigerian public sector wages to wages of other countries who have a similar level of per capita income. You will find that Nigerian public servants are actually and relatively well remunerated. This is fine if you are a university lecturer or a doctor but 99% of Nigerians are neither public sector workers or politicians. To get to a fiscally sustainable path, we need to tackle corruption and the state wage bill. The country needs investment in infrastructure and education. When you hear that Ghana needs an IMF bailout, it is the state wage bill that provided the knockout blow. |
The debt situation is worrying but most Nigerians won't support measures that will curtail the debt - removing subsidy, restraint on public sector wages. Corruption is the only issue where everyone agrees on but it has become a red herring - bone headed policies like fuel subsidy are justified because "until we end corruption, politicians can't be trusted with the subsidy savings." |
We don't know that she is a Muslim. Even just for argument's sake, we assume she is, if winning the Fields Medal is a barometer for the strength of a religion, then Christianity, Judaism and Hinduism whose adherents have won these awards several times have a stronger claim. This is not to mention atheists and agnostics. |
How do these Muslims know she's a Muslim? |
onatisi: Just like I have been saying , this is no longer just a terrorist group but boko haram has transformed into a full fledged rebel army with soldiers,arms and logistics enough to withstand the might of the nigerian army. Their main aim is to take over borno ,this issue is no longer about apc or pdp but a real war against a rebel movementIt's a downright bizarre country. If you look at the front page, what grips attention is APC v PDP. These parties are proxies through which tribal wars are fought. The situation in the North-East is deteriorating fast but Nigerians think it doesn't affect them. That will change in the coming years as the reality of war is brought closer to people's doorsteps. |
Nihilist: You mean nobody has actually questioned this photo over 4 pages of comments?People so dearly want to believe that Boko Haram is being defeated that they are unable to engage their critical faculties. It has been the same story for years on this forum. I created a thread that explores the possibility that things are much worse than Nigerians realise with foreign jihadists joining the fight. https://www.nairaland.com/1851652/nigerians-sleep-towns-borno-fall. The impression I get is that the Nigerian army only holds the highway to Maiduguri and that Damboa itself is firmly in the hands of jihadists - the Nigerian army can always release pictures of Damboa town itself if they beg to differ. |
This country is sleepwalking to a full-blown civil war but its nationals are still obsessed with petty tribalism, APC v PDP, the daily grind and Ebola hysteria. Towns in Bornu State continue to fall to Boko Haram who now seem to have a large contingent of foreign jihadists fighting in their ranks, the commander of Boko Haram in Damboa is reportedly from Sudan. The blog post below is illustrative of the challenges we face : 9TH/10TH August Nigeria SITREP (Boko Haram)http://fulansitrep./ PS: I do not regard the above as 100% accurate but I believe the gist of it - if the Nigerian army had recaptured Damboa, they should be able to show pictures of our troops in the town proper and not just on the highways which tallies with the blog post's claim that the troops only hold the highway. |
I hear the Nigerian army was pushed out of Damboa town and they only hold the road leading to Maiduguri. Despite Nigerian Government sponsored disinformation, sources on both sides confirm that 70% of Damboa Town is under rebel control, 10% is held by the Army, while 20% is contested.[url]http://fulansitrep./ [/url] |
You guys still think the Nigerian army is not in a bad state? |
The way Nigerians talk about Liberia and Sierra Leone, you will think they achieved their military objectives. They were far from successful - in Liberia, Charles Taylor still ascended to power as people were so terrorised by his group they felt they had to vote him in. In Sierra Leone, the RUF required additional international military presence before they could be subjugated. The Nigerian military performance was mixed at best. Somehow, a narrative has emerged that these were successful operations. If you go back in history, they couldn't defeat Niger-Delta militants, necessitating that we pay them to lay down their arms and before the ICJ ruling, failed to dislodge Cameroun from contested territories. Even the Biafra required heavy foreign military aid before they could conquer a rag tag army. This story about the invincibility of the Nigerian army is the height of self-deception. This is why when the Boko Haram menace started, I was insistent that we had no chance of defeating them anytime soon. This insurgency will subsist for many more years. |
egbaguy: dnt NA knw dat Violence beget ViolenceI'm glad a Nigerian understands that it's this kind of heavy-handed response that feeds insurgencies. |
shymexx: According to the UN charter, all defence contracts for heavy weapons must be made public.Just check out this vapid ignoramus. What UN Charter are you talking about? |
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We are still battling BH,what happens if these shiite too take up arms? Why does d NA love flexing it muscles against defenceless civilians? Aint we partners in curbing crimes? Are we civilians second class citizens? Is it a crime nt to belong to d military? Shud we all run away at ur sight? NA keeps making some of us dat still av respect for dem to doubt if dey worth it.