Akaegwu:
Empty barrel.

RabbitGuy:
This is one of the major reason we all need to go back to farming else It will be difficult and tough.

Watch this video below and be inspired by a lady who started farming and making it.

Don't forget to subscribe too. God bless Nigeria

https://www.youtube.com/watch?v=aa4qi68px0c&feature=share7

Akaegwu:
1k is medium size. Family sizes is between 1.3 to 1.5k

Zane2point4:

I dont doubt what you said one bit!

Am only saying subsidy seems to be the only tangible thing we gain from been a Nigerian!

Arent you seeing feeding allowances of president? How many billions did u see?

Now why dont they start there to cut off expenses if they really want a genuine institution?

And they will still loot the subsidy money,so its of no need removing it,if we get to level of those countries you quoted i will know!

RabbitGuy:
This is one of the major reason we all need to go back to farming else It will be difficult and tough.

Watch this video below and be inspired by a lady who started farming and making it

nairalanda1:


Yeah, and it has wrecked our economy because we use oil money instead of tax revenue for it.

Plus, you went to school and graduated without debt. That's benefit of educaiton subsidy. And your hospital bills are not sky high if you go to government hospital, that's another subsidy. Power prices are relatively cheap compared to even Ghana, and the roads ain't tolled.


A lot, but not enough to pay for subsides for a month, talkless of a few weeks.

To expantiate, feeding allowance is not up to 50 billion naira per annum. Subsidy costs for petrol alone were 300-600billion in one month this approx.This year.

And yes, we should cut feeding allowances, before you start accusing me of defending excess. We have to because we are not a rich nation.





Well, those countries too have corruption issues, and we need to earn more money...which is where changing how we run our economy here comes in

Plus we need to hold government at all levels accountable. Hard work? Yes.

Jashub:
Wahala , wahala , wahala, wahala ....

nairalanda1:


Countries that pay subsides pay for them in taxes...not by oyel money.

Tunisia pays for bread subsidies, and its tax to gdp is 24.6%. Nigeria? 10.86%.

riverbird:


Thanks to miscreants,agberos and rascals

Revolution2022:
You ladies that depend on men for anything won't feel the pain.

cjudy:


With the way Tinubu government is going, very soon we will end up appreciating Buhari. Since Buhari left office, everything in this country is going on the high side. Fuel from 210 to 520 and many more. Seems Buhari will be appreciated as the lost Messiah

Juanmike:
May this bread hike in price favour me and my family.

lexy2014:


What has the nigerian government done with it's 10.86% tax to GDP?

caye:


Thank you sir.
Most Nigerian religionists are very dence, foolish, dindinrin, suegbe, and have low IQ.
They never understand economics, and the behaviour of money: all they have is magic / miracle thinking and selfishness.

Adakintroy:
No matter this hike no fear.. Just intensify hard work. Even if rice reach 100k those that can afford it will still afford it.

Time rice was 5naira, probably in the 70's people still complain it was expensive and people were still feeding their dogs with it. Work hard and keep working hard and when you tired work hard some more.

lexy2014:


How has fuel Subsidy "wrecked" the nigerian economy?

Zane2point4, let's see if nairalanda1 can answer this very simple question

nairalanda1:


Yeah, and it has wrecked our economy because we use oil money instead of tax revenue for it.

Plus, you went to school and graduated without debt. That's benefit of educaiton subsidy. And your hospital bills are not sky high if you go to government hospital, that's another subsidy. Power prices are relatively cheap compared to even Ghana, and the roads ain't tolled.


A lot, but not enough to pay for subsides for a month, talkless of a few weeks.

To expantiate, feeding allowance is not up to 50 billion naira per annum. Subsidy costs for petrol alone were 300-600billion in one month this approx.This year.

And yes, we should cut feeding allowances, before you start accusing me of defending excess. We have to because we are not a rich nation.





Well, those countries too have corruption issues, and we need to earn more money...which is where changing how we run our economy here comes in

Plus we need to hold government at all levels accountable. Hard work? Yes.

caye:



So, how much are you being paid by the APC, you disinformationistas?

You think you are safe in the white tribes land?
Very soon, an evil karma will come upon you.

Keep using your intelligence to support evil. You believe inwardly that most Nigerians are illiterate, and can be brainwashed easily by you belle-economists.

Continue.

lexy2014:


What has everybody going back to farming got to do with the price of bread?

Have you gone back to farming?

Who are the "we all" that need to go back to farming?

Babathanks:

You can never force people to go to farm. Even here in the north, people don’t want to farm anymore. Buhari try this for 8years and he fail, he thought if youth starve they will go back to farm but they didn’t. Nobody have monopoly of anybody destiny. The best thing is for the government to cut customs duty or remove any levy on all this imported goods, open our border for goods and food. Customs duty are too much for all this product

nairalanda1:


[b]Has subsidy helped the nigerian economy become like the economy of the US[/b]A?

Lexy2014, oya....answer the question

If you do not answer the question, I take it you agree with me that subsidy has damaged the economy.

Your problem is, you think I am defending Tinubu and Buhari. And you want me to look like an oppressor. Well, if we have been trying the same thing for 40 years, and it is not working, isn't it time it went.



]As for your own quesiton, I have answered it. If you do not like my answer, go and get married.


Answer my quesiton, or you will get no answer from me, Mr Subsidy defender. (That means you agree with Buhari that subsidy is okay).

wizelink:


The suffering in Nigeria in the past 8 years plus is under reported. People are sleeping with a poorly prepared meal once a day. People are now eating what they rejected before now just to fill up their bellies. You go to market to buy food items, you end thinking someone stole your money. Prices of things are skyrocketing everyday. The hope of the masses are being dashed. May God have mercy on this country Nigeria.

nairalanda1:


[b]Has subsidy helped the nigerian economy become like the economy of the US[/b]A?

Lexy2014, oya....answer the question

If you do not answer the question, I take it you agree with me that subsidy has damaged the economy.

Your problem is, you think I am defending Tinubu and Buhari. And you want me to look like an oppressor. Well, if we have been trying the same thing for 40 years, and it is not working, isn't it time it went.



]As for your own quesiton, I have answered it. If you do not like my answer, go and get married.


Answer my quesiton, or you will get no answer from me, Mr Subsidy defender. (That means you agree with Buhari that subsidy is okay).

RabbitGuy:

Ok. Thanks for your input.

But I still believe agriculture is a bedrock of all nations