Stoplying:

If you reduce price of gas domestically then the neighbours will use your gas for their black market and you will end up making the neighbours rich at the detriment of your people whom you want to help. It is just like the subsidy in which all the neighbours were getting fat on Nigerian stupidity while also endlessly claiming all Nigerians were drug dealers and terrorists.

Stop it, gas is different. The problem with subsidy was government paying money to marketers directly, am saying this increase distribution of gas will drastically reduce price, government don't need to pay the gas dealers, the price will reduce because of increase in supply. It's basic economics.

Secondly subsidies and welfare are things a government owes to the citizens, a smart and efficient government won't let it's subsidy system to be abused, there are several ways government can subsidise food, shelter and basic necessities for Nigerians...tax reliefs, concessions, giving free lands, working with people in the sector etc...

FacilitatorLekk:

Stop it, gas is different. The problem with subsidy was government paying money to marketers directly, am saying this increase distribution of gas will drastically reduce price, government don't need to pay the gas dealers, the price will reduce because of increase in supply. It's basic economics.

Secondly subsidies and welfare are things a government owes to the citizens, a smart and efficient government won't let it's subsidy system to be abused, there are several ways government can subsidise food, shelter and basic necessities for Nigerians...tax reliefs, concessions, giving free lands, working with people in the sector etc...

I don't see how the price of gas could be made to be locally lower than market value without paying subsidies to marketers. (If you don't pay subsidies to marketers, the black market will easily screw the marketers out of business)
You still don't understand that subsidizing products can not work in Nigeria, indeed our neighbors can cross the border (and they do) and buy the products at the local price and then cross back and sell it in their country. Put it through your head that subsidy doesn't work in Nigeria.
The only solution is social benefits which will go directly to the pockets of real Nigerians.

Anyways, have a nice one. Discussion over.

Stoplying:

I don't see how the price of gas could be made to be locally lower than market value without paying subsidies to marketers. (If you don't pay subsidies to marketers, the black market will easily screw the marketers out of business)
You still don't understand that subsidizing products can not work in Nigeria, indeed our neighbors can cross the border (and they do) and buy the products at the local price and then cross back and sell it in their country. Put it through your head that subsidy doesn't work in Nigeria.
The only solution is social benefits which will go directly to the pockets of real Nigerians.

Anyways, have a nice one. Discussion over.

You have a myopic thinking...increase in supply reduce price, as long as government ensures the local market is well supplied. Most of you should listen, ask questions and learn rather than rush just to argue without point.

FacilitatorLekk:

You have a myopic thinking...increase in supply reduce price, as long as government ensures the locally market is well supplied.

Now like most nairalanders, you are arguing on bad faith. Increase in supply won't reduce the price locally-only but globally. A local-only reduction of price is not natural and requires subsidies or the marketers will go bankrupt.
Also, for your information, Nigeria already has that gas, the creation of the pipelines will not create the gas! Nor increase local supply.

Stoplying:

Now like most nairalanders, you are arguing on bad faith. Increase in supply won't reduce the price locally-only but globally. A local-only réduction of price is not natural and and requires subsidies or the marketers will go bankrupt.
Also, for your information, Nigeria already has that gas, the creation of the pipelines will not create the gas!

Stop arguing for the fun of it, if you don't know or understand ask...how can you compare subsidy of fuel where government pays marketers, to gas distribution...did you see anywhere I said government should pay gas marketers?

A lot of gas is being flared(going to waste), with more pipelines those gas will be channeled into the market.

Gas will be sold cheaper when more gas is channeled and distributed to the market. Even a primary school kid knows about demand and supply in economics.

I wonder why people like you advocate for politicians to be the only people enjoying our revenue and riches as a nation...can't you see the bogus lifestyle of politicians and how they live extravagantly, or is democracy only for the benefit of politicians and elected public service holders?

A rich country like Nigeria, the people deserve welfare/subsidies, because the riches of the nation is not meant for politicians alone. Wake up, and stop being an enemy of the people.

FacilitatorLekk:

Stop arguing for the fun of it, if you don't know or understand ask...how can you compare subsidy of fuel where government pays marketers to gas distribution...did you see anywhere I said government should pay gas marketers?

Gas will be sold cheaper when more gas is channeled and distributed to the market. Even a primary school kid knows about demand and supply in economics.

Economics is not part of primary school programs.
Let A be the price at which you sell gas internationally, let B be the price at which you sell gas locally.
A will be equal to market value.
If B<A (A-B is big enough) then your neighbors will jump at the occasion and buy your gas in your country at price B) and distribute it locally (in their country) or internationally if they have the logistics.
Then you end up selling your product in a significant manner at price B instead of price A. So even if you are not paying subsidy to marketers (I don't see why markers will accept such a situation though), you are making less money than you could be making by just selling the product locally and internationally at price A and then giving (A-B)*(average local consumption in appropriate metric) to proven Nigerians in need through social benefits and using the rest for development (hospitals, universities, research...). That makes Nigerians enjoy the business without reducing the price for the neighbours.

FacilitatorLekk:

A rich country like Nigeria, the people deserve welfare/subsidies, because the riches of the nation is not meant for politicians alone. Wake up, and stop being an enemy of the people.

You are either not a Nigerian or you are just stvpid. Indeed, you keep arguing for subsidies (and sometimes you pretend that that is not what you are arguing for).
We all know that subsidies are a donation to the neighbouring countries and that it bankrupts Nigeria and Nigerians, yet you keep advocating for it. That shows you have interests in it (or you are stvpid), probably because you are from a neighbouring country (or you are stvpid) and want to cash in on Nigerian subsidies.

Know this now: Nigeria doesn't owe its neighbours any money. There will never be any subsidy in Nigeria ever again !

Stoplying:

You are either not a Nigerian or you are just stvpid. Indeed, you keep arguing for subsidies (and sometimes you pretend that that is not what you are arguing for).
We all know that subsidies are a donation to the neighbouring countries and that it bankrupts Nigeria and Nigerians, yet you keep advocating for it. That shows you have interests in it, probably because you are from a neighbouring country and want to cash in on Nigerian subsidies.

Know this now: Nigeria doesn't owe its neighbours sent money. There will never be any subsidy in Nigeria ever again !

You are myopic,. subsidies is for the poor and masses not the rich, in Dubai they get a lot of welfare packages, America, Saudi Arabia, UK, all these nations give their people social security cheques and subsidize food and public transportation etc, what is government doing for the people in Nigeria?

Am not speaking for myself, am speaking for the people, as a nation the people must be catered for. Or your dumb head want politicians only to enjoy the largese of the nation. Zombie. Democracy is for the people, of the people by the people, not for politicians.

The essence of government is to manage the resources of the nation for the good of all. If the people enjoy no welfare or subsidies from government, then what is the revenues being generated used for?

So you want the people to only pay tax and enjoy no support from their government?

Poor man no sense, you think when they mention subsidies it's only when government pay money for goods and services the people will use, that shows you are dumb. There are a hundred ways the government can use to subsidize goods and services for the people. Mumu.

Yes, the people deserve welfare and services because the trillions we make is not to cater for the luxury life of politicians, but it's for the good of all Nigerians. Educated slowpoke.

FacilitatorLekk:

You are myopic,. subsidies is for the poor, not the rich, am not speaking for myself, am speaking as a nation the people must be catered for. Or your dumb head want politicians only to enjoy the largese of the nation. Zombie.

Just say which country you are from.
We can all see that you are either stvpid either not a Nigerian.
You want Nigerian subsidies for your country which is not Nigeria.

So this fools argument is : Nigerian politicians are crooked and use Nigerian money to buy luxury cars and Dubai hotels, therefore Nigeria should donate its money to its neighbours instead.

Stoplying:

Just say which country you are from.
We can all see that you are either stvpid either not a Nigerian.
You want Nigerian subsidies for your country which is not Nigeria.

Mad dummy

I now see you are as foolish as I thought...when they mention subsidies you dumbheads will think it's only PMS that can be subsidized. Go to school or go online and learn how the government can subsidize essential goods and services for the citizens, to make their life easier and enable them have more disposable income.

The electric bus the president is talking about, is a form of subsidies, distribution of cheap fertilizer to farmers is a form of subsidies, working with power companies to ensure electricity tarrifs is not too expensive is a form of subsidy, giving tax breaks to cement companies to ensure cement prices are affordable for Nigerians is a form of subsidy as well. Dummy, hope you have learnt a bit today. You sound like someone who didn't go to secondary school.

FacilitatorLekk:

Mad dummy

I now see you are as foolish as I thought...when they mention subsidies you dumbheads will think it's only PMS that can be subsidized. Go to school or go online and learn how the government can subsidize essential goods and services for the citizens, to make their life easier and enable them have more disposable income.

The electric bus the president is talking about, is a form of subsidies, distribution of cheap fertilizer to farmers is a form of subsidies, working with power companies to ensure electricity tarrifs is not too expensive is a form of subsidy, giving tax breaks to cement companies to ensure cement prices are affordable for Nigerians is a form of subsidy as well. Dummy, hope you have learnt a bit today. You sound like someone who didn't go to secondary school.

So now you are changing the definition of subsidy to include social benefits and infrastructure development ? If you can't win then change the rules in the middle of the game, I guess. 🤡
Please just Shvt up.

obailala:



Ohh! so it's now 5000 km, no longer 1500km? ... Guy you tough well well! But I'm glad that your brain is finally now able to process the commonsensical information, albeit after a gruelling 24 hours... We're making progress!

Meanwhile, is Algeria still closer to France than Spain on your map?... I just want to check something.

Anyway, now that you agree that its 5000km and not 1500km, I implore you to go back and read through the reports you just read to get proper details. The offshore segment of the pipeline between Nigeria and Morocco is 5300 km (some sites quote 5600km), while there's a 1700 km onshore section within Morocco; but full length of the pipeline (onshore + offshore) is about 7000km. If PREMIUM TIMES is your problem, here is the same report by THISDAY and some other non-Nigerian sites:

https://www.thisdaylive.com/index.php/2022/09/14/nnpcl-set-to-sign-7000km-gas-pipeline-contract-with-morocco-west-african-countries
https://www.upstreamonline.com/field-development/worley-lands-feed-contract-for-7000-km-gas-pipeline-between-nigeria-and-morocco/2-1-1207970
https://www.moroccoworldnews.com/2022/04/348600/nigeria-morocco-pipeline-australias-worley-to-conduct-feasibility-study
https://www.offshore-mag.com/pipelines/article/14277312/worley-performing-feed-for-recordlength-west-africa-offshore-pipeline

Black man! make una try dey read make oyibo no dey yab us abeg!

Oga it is not 7,000km. The onshore part is from Nigeria to Ghana which is complete and part of the West african gas pipeline. Haaaa!!!!! fear God when you want to lie and be stupid. The offshore part is from Ghana down to Morrocco stop lying abeg.

Oga stop trying to be stupid here, where does the offshore part of pipeline path from Nigeria to Morrocco start? Oga you said 7,000km now you have now decided to switch to 5,600km meaning you are not even sure. See guy i hate people who like to play propaganda and it is clear you are a paid propaganda actor look any economist from a value standpoint will chose the Nigeria Morocco pipeline because for one it will cement Nigeria strategically as a supplier in West Africa for quick gains before even supplying to Europe. again the sahara route is still a security risk with the presence of islamist, and Tuareg rebels on that route.

Stoplying:

Economics is not part of primary school programs.
Let A be the price at which you sell gas internationally, let B be the price at which you sell gas locally.
A will be equal to market value.
If B<A (A-B is big enough) then your neighbors will jump at the occasion and buy your gas in your country at price B) and distribute it locally (in their country) or internationally if they have the logistics.
Then you end up selling your product in a significant manner at price B instead of price A. So even if you are not paying subsidy to marketers (I don't see why markers will accept such a situation though), you are making less money than you could be making by just selling the product locally and internationally at price A and then giving (A-B)*(average local consumption in appropriate metric) to proven Nigerians in need through social benefits and using the rest for development (hospitals, universities, research...). That makes Nigerians enjoy the business without reducing the price for the neighbours.

Your argument is dumb, the only way to move gas abroad is through pipelines, normally very expensive and built by government...gas is not like pms that you will be carrying in kegs. Do you think at all before you talk or just talk for the sake of it.

You seem to only look at people stealing our gas etc, which is incomprehensible, and neglect the need of Nigerians to use cheap gas, or you rather the gas is flared and wasted than channeled and sold cheaper locally for Nigerians to use?

You sound very dumb

obailala:



Ohh! so it's now 5000 km, no longer 1500km? ... Guy you tough well well! But I'm glad that your brain is finally now able to process the commonsensical information, albeit after a gruelling 24 hours... We're making progress!

Meanwhile, is Algeria still closer to France than Spain on your map?... I just want to check something.

Anyway, now that you agree that its 5000km and not 1500km, I implore you to go back and read through the reports you just read to get proper details. The offshore segment of the pipeline between Nigeria and Morocco is 5300 km (some sites quote 5600km), while there's a 1700 km onshore section within Morocco; but full length of the pipeline (onshore + offshore) is about 7000km. If PREMIUM TIMES is your problem, here is the same report by THISDAY and some other non-Nigerian sites:

https://www.thisdaylive.com/index.php/2022/09/14/nnpcl-set-to-sign-7000km-gas-pipeline-contract-with-morocco-west-african-countries
https://www.upstreamonline.com/field-development/worley-lands-feed-contract-for-7000-km-gas-pipeline-between-nigeria-and-morocco/2-1-1207970
https://www.moroccoworldnews.com/2022/04/348600/nigeria-morocco-pipeline-australias-worley-to-conduct-feasibility-study
https://www.offshore-mag.com/pipelines/article/14277312/worley-performing-feed-for-recordlength-west-africa-offshore-pipeline

Black man! make una try dey read make oyibo no dey yab us abeg!

When you want to lie please lie with Finesse. You see you are not a smart as you want to claim. There is already an existing 1,700km pipeline from Dakhla-Morocco Maghreb European Pipeline. The pipeline from Nigeria to Dakhla morocco is 5,300km so Nigeria is just linking the existing pipeline to Europe from Morocco

Stoplying:

So now you are changing the definition of subsidy to include social benefits and infrastructure development ? If you can't win then change the rules in the middle of the game, I guess. 🤡
Please just Shvt up.

You are a fool...it's a pity nairaland has given a free forum for fools to exhibit their foolishness. I gave you about 5 forms of subsidies, your foolish head is still arguing. Go play with kindergartens because my primary school niece has more comprehension than you. Your parents wasted money to educate you. I can bet you are a lowlife with how you sound. Simply admit you never fully understood the concept of subsidy and stop embarrassing yourself on a public forum.

FacilitatorLekk:


Your argument is dumb, the only way to move gas abroad is through pipelines,

I guess gas tanks and gas trucks do not exist.


I'm ignoring you from now on, the reason I don't do debates is that there are too many people like you here, fanatics who just can't listen to logic.

MS247:
Nigeria is going to be rich forever


I mean for life

With the volume of gas we have

And

The volume cold Europe needs for heat and energy

.

Please define the 'we have' in your comment. Who is the 'we'?

Stoplying:


I guess gas tanks and gas trucks do not exist.

Mumu, how easy is it to conceal and move gas products?

Secondly this will not arise because gas is not demanded the way PMS is. People take PMS out of Nigeria because PMS is high on demand, secondly because PMS can be stored easily, thirdly because the cost of PMS in Nigeria was almost half of what they sell in those neighboring countries.

Gas is not in such high demand as PMS. Your argument is dumb, people won't start carrying gas across the border if the government makes domestic gas very affordable for Nigerians, because it's hard to move and store gas, and people don't use gas bikes or cars, demand for gas is low and slower than PMS.

Talk with sense idiot.

FacilitatorLekk:

Mumu, how easy is it to conceal and move gas products?

As easily as it is to do this with fuel.

FacilitatorLekk:

Mumu, how easy is it to conceal and move gas products?

Talk with sense idiot.

As easily as it is to do this with fuel

Stoplying:

As easily as it is to do this with fuel

Little kid go play with kindergartens, you need education.

fx45:
Please define the 'we have' in your comment. Who is the 'we'?

Nigeria

Feel free to google Nigerian 200 trillion cubic feet of gas spread from Chad Basin, to Niger Delta., Covering Nigeria

MS247:


Nigeria

Feel free to google Nigerian 200 trillion cubic feet of gas spread from Chad Basin, to Niger Delta., Covering Nigeria

There's no one cubic feet of gas in any Chad Basin. 100% of Nigeria's gas reserves are located mainly in the South East and the South South.

Believeintruth:


Oga it is not 7,000km. The onshore part is from Nigeria to Ghana which is complete and part of the West african gas pipeline. Haaaa!!!!! fear God when you want to lie and be stupid. The offshore part is from Ghana down to Morrocco stop lying abeg.

Oga stop trying to be stupid here, where does the offshore part of pipeline path from Nigeria to Morrocco start? Oga you said 7,000km now you have now decided to switch to 5,600km meaning you are not even sure. See guy i hate people who like to play propaganda and it is clear you are a paid propaganda actor look any economist from a value standpoint will chose the Nigeria Morocco pipeline because for one it will cement Nigeria strategically as a supplier in West Africa for quick gains before even supplying to Europe. again the sahara route is still a security risk with the presence of islamist, and Tuareg rebels on that route.

Lol... Did he just say the onshore part is from Nigeria to Ghana? ... This guy is really 'on colos'

So despite the illustrative map and links, your latest 'colomatic' revelation is that the West African Gas Pipeline is onshore?

Meanwhile in response to the highlighted statement, this is what I said:
- 5300km is for the offshore/subsea segment between Nigeria and Morocco (some sites reported this as 5600km)
- 1700km is for the onshore (land) segment within Morocco
- 7000km is Total pipeline length (i.e. offshore + offshore) = 5300 + 1700 = 7000km

I know it will take you upwards of 24 hours to comprehend this but I dey patient and I'm enjoying your back-to-back jonzing.

fx45:
There's no one cubic feet of gas in any Chad Basin. 100% of Nigeria's gas reserves are located mainly in the South East and the South South.

And your information is backed by who exactly?!

Let me guess ?!

Nnamdi Kanu 🤭

Not NNPC, Ministry of Petroleum or DPR

,😁😁😁


Abeg I want to laugh, where did your information come from

MS247:


And your information is backed by who exactly?!

Let me guess ?!

Nnamdi Kanu 🤭

Not NNPC, Ministry of Petroleum or DPR

,😁😁😁


Abeg I want to laugh, where did your information come from

Tell us one location in your Chad Basin that is producing gas. Mention the name of the State, Local Government and Community... Abi una wan use propaganda for this one?

obailala:
Lol... Did he just say the onshore part is from Nigeria to Ghana? ... This guy is really 'on colos'

So despite the illustrative map and links, your latest 'colomatic' revelation is that the West African Gas Pipeline is onshore?

Meanwhile in response to the highlighted statement, this is what I said:
- 5300km is for the offshore/subsea segment between Nigeria and Morocco (some sites reported this as 5600km)
- 1700km is for the onshore (land) segment within Morocco You are a big liar the onshore segment is existing and it is the Morocco Mahgreb to Europe pipeline stop deceving people abeg
- 7000km is Total pipeline length (i.e. offshore + offshore) = 5300 + 1700 = 7000km

I know it will take you upwards of 24 hours to comprehend this but I dey patient and I'm enjoying your back-to-back jonzing.

You are a big liar the screenshot is clear the 1,700km is already existing and it is not within Morocco it is the Morocco-Mahgreb to Europe pipeline. Chai fear God oooooo stop lying let thunder not fire you.

obailala:
Lol... Did he just say the onshore part is from Nigeria to Ghana? ... This guy is really 'on colos'

So despite the illustrative map and links, your latest 'colomatic' revelation is that the West African Gas Pipeline is onshore?

Meanwhile in response to the highlighted statement, this is what I said:
- 5300km is for the offshore/subsea segment between Nigeria and Morocco (some sites reported this as 5600km)
- 1700km is for the onshore (land) segment within Morocco
- 7000km is Total pipeline length (i.e. offshore + offshore) = 5300 + 1700 = 7000km

I know it will take you upwards of 24 hours to comprehend this but I dey patient and I'm enjoying your back-to-back jonzing.

you think you can deceive people i dey ready for you wella. See lies oooo something that is clear the 1,700KM in all sense of the word is not even onshore and it is already and existing pipeline from the Moroccan Mahgreb all the way to Europe via Gibraltar. Let God not swear for you when you want to deceive people. Idiot

fx45:
Tell us one location in your Chad Basin that is producing gas. Mention the name of the State, Local Government and Community... Abi una wan use propaganda for this one?

Even if I give you the exact geolocation you still won't believe because that's your mindset

The sooner you understand France, United States, Nigeria, Cameron, Chad are not in Chad Basin to play but strictly exploration the better

MS247:


Even if I give you the exact geolocation you still won't believe because that's your mindset

The sooner you understand France, United States, Nigeria, Cameron, Chad are not in Chad Basin to play but strictly exploration the better

Stop lying to yourself. The same way you people have been drilling crude oil in the same Chad Basin... Till today, not one liter has come out from that deception. Now you people have switched over to gas. I ask you again, where is the gas field and which company is operating there?

Follow the link below and show me the state producing gas in the Chad Basin

https://nigerianembassythehague.nl/about-nigeria/natural-resources/

Believeintruth:


When you want to lie please lie with Finesse. You see you are not a smart as you want to claim. There is already an existing 1,700km pipeline from Dakhla-Morocco Maghreb European Pipeline. The pipeline from Nigeria to Dakhla morocco is 5,300km so Nigeria is just linking the existing pipeline to Europe from Morocco

Believeintruth:


You are a big liar the screenshot is clear the 1,700km is already existing and it is not within Morocco it is the Morocco-Mahgreb to Europe pipeline. Chai fear God oooooo stop lying let thunder not fire you.

Believeintruth:


you think you can deceive people i dey ready for you wella. See lies oooo something that is clear the 1,700KM in all sense of the word is not even onshore and it is already and existing pipeline from the Moroccan Mahgreb all the way to Europe via Gibraltar. Let God not swear for you when you want to deceive people. Idiot

Hehehe!.. I actually admire your resilience and fighting spirit... but it's one thing to read, and it is another thing to comprehend. So after reading that report (see cropped image), what your brain understood is that it is the 1700 km onshore section that already exists?

I know say you be capital olodo and will never comprehend this; but for the sake of others reading it, I will break it down. The proposed Nigeria Morocco Gas Pipeline (NMGP) consists of the following:
- 5300km offshore section between Nigeria and Dakhla (a city in Morocco)
- 1700km onshore section which starts from Dakhla and connects into the EXISTING Maghreb Europe Pipeline (MEP)

key point to note: It is the Maghreb to Europe Pipeline (MEP) that already exists, not the 1700km Dakhla to MEP line.

Chaiii!!!.. English comprehension cant be so difficult na!