InvertedHammer:
/
Participatory Democracy is the worst form of government.

If idiots outnumber intelligent people, the country will remain stagnant forever.

That's exactly what's happening in Nigeria.

\

Why are the intelligent people not working hard enough to reduce the number of idiots through education and enlightenment?

Maybe they are not so smart and intelligent after all

Shikena:
Approximate population/relative market size of Nigeria vs neighboring countries:

Benin Republic: 13m
Niger Republic: 27m
Chad: 16m
Cameroon: 27m
Total: 83m

Nigeria: 211m
Combined total (Nigeria + Neighbours): 294m
Nigeria: 72%
Neighbours: 28%
Shikena!

You are a genius for this revelation of how our president got his 28% reduction.
God bless you sir.

Onyiiobi7735:
BAT has done what others that came before him couldn't do, and it is just a matter of time before we see the benefits of the fuel subsidy removal.
At least the funds saved can be used for other purposes in driving Nigeria's socioeconomic development.

Lies and lies.

Buhari removed subsidy in 2016.

seguno2:


The neighbouring countries are the ONLY problem, since our borders were closed for the failure of strongman, retired General Buhari to secure the borders.

Now that the neighbouring countries are wailing, we are hailing and enjoying our trekking with bicycles.

Tinubu and APC are super bright people.

Was there anywhere in the context of my message where I hailed tinubu or apc?
All I was saying is we’re getting to know the real amount of fuel we consume in this country since the neighboring countries ain’t benefiting from our largese any longer ser 🙇‍♂️

Let the poor breatheeeee, stop suffocating them.

Zupay:


After screaming SAI BABA for eight years!☹️

Dude is in trouble, he keeps supporting the very wrong people.

The trekking go favor una families

Na who don eat bellefull go buy fuel Na

Yankiss:
It's not good news. Many people have abandoned essential travels. If emergency occurs transporting one to hospital is a big task,, especially among the masses. We should not look at the shrinkage in fuel consumption as good omen. In the long run it would ruin many things unless there is a way out or credible alternatives for the masses. We are still having 120 car convoy, while the masses have nothing to commute with. It's largely a poor masses impact problem. The rich are not that impacted. It is obvious.

The bolded spoiled whatever you aim to achieve with your write up.
It is Stoopid and foolish of people to be making a mountain out of a mole hill..
A former governor of Lagos now president is visiting and friends political associalte and we'll wisher can't be in his convoy?....you mean he can't get up to 120 car owners as supporters in a state he governed for 8 years and had installed the last 3 governors?

The joke is on your ass

Pray that when you become president you will visit a state you once governed and people won't come out to welcome you. Then it simply means you were not a good governor.

Abeh make una use something else as criticism...not the convoy .it smacks of joblessness to be going on and on about that

BabaCommander:
28% only?
Even with domestic consumption falling....

What happened to the so called protest in neighboring countries? Abi na scam?
Or is it still being smuggled to Niger Republic and other neighboring countries even at the current price?

I mean, our domestic c

Thank you. With the way they cried about the subsidy only benefitting few rich thieves ,I was expecting about 60% - 75% drop in consumption. That 28% is too low and largely due car owners priced out of the fuel abandoning their cars.
Govt just needed money to keep stealing and ease debt repayment burden. No wonder they talked about salary increase for themselves teasingly. A corrupt man won't fight corruption. Never.

Shikena:
Approximate population/relative market size of Nigeria vs neighboring countries:

Benin Republic: 13m
Niger Republic: 27m
Chad: 16m
Cameroon: 27m
Total: 83m

Nigeria: 211m
Combined total (Nigeria + Neighbours): 294m
Nigeria: 72%
Neighbours: 28%
Shikena!

Thank you for revealing the data with which the drop was cooked in order to exonerate NNPCL and their local partners in crime. You guys forgot about hundreds of of thousands of car and gen owners who no longer can afford N550/Litre.
You guys also forgot the smuggling was most active around the Nigerian border in those countries and not everywhere.

thisisit:
Decrease in demand for petrol energy implies:

Decrease in productivity
Decrease in GDP
Decrease in per capital Income
Economic depression and stagnation

TOTAL = INCREASE IN MULTIDIMENSIONAL POVERTY

💯✅✅✅✅✅
A very keen observer

Islie:


https://leadership.ng/subsidy-removal-drags-down-petrol-consumption-by-28/

If Nigeria spent $10b last year and we already spent $2.41b alone this year. We should be able to save $7.59b nah. Please It’s not $5.10 or you guys have embezzled $2.49b already Reuters and the government Woh, pressure Tiwa ooo

This is just the beginning.







Nairaland no sweet at all this week, na so so dry news full am

Sammy4Joy:
You sir, are a very highly intelligent fellow.

I doff my hat to you!

No. What about vehicle owners who suddenly stopped using their vehicles due to price increase of petrol. That analysis is only good for cooking a drop in consumption figure by incompetent analyst.

alizma:
20% out of the 28% was never consumed in Nigeria so it's save to say, subsidy removal drags down smuggling of fuel.

The 28% does not reflect the true picture. This figure is a partial one.

In reality, it has declined far lower than 50%

thisisit:
Decrease in demand for petrol energy implies:

Decrease in productivity
Decrease in GDP
Decrease in per capital Income
Economic depression and stagnation

TOTAL = INCREASE IN MULTIDIMENSIONAL POVERTY

somebody seated at home and watching AfricanMagic channel can't be categorized as being productive. Most people used it for leisurely consumption and not production of essentials.

DMCY:

Was there anywhere in the context of my message where I hailed tinubu or apc?
All I was saying is we’re getting to know the real amount of fuel we consume in this country since the neighboring countries ain’t benefiting from our largese any longer ser 🙇‍♂️

I am just using your words to describe the extreme excuse that Tinubu and co will use to rationalise the pain of the masses, who gave them the opportunity to serve 200 million Nigerians.

Thanks for your understanding sir.

VeeVeeMyLuv:

The 28% does not reflect the true picture. This figure is a partial one.

In reality, it has declined far lower than 50%

One person’s opinion and perception is not the reality, in the absence of reliable statistics.

grandstar:


He who wears the shoe knows where it pinches. Miles Kyari isn't screaming the house down for the subsidy to go as it was insane.

Did you know that it was cheaper to buy petrol than you buy crude oil? That was how damned cheap it worse.

One does not need to know the exact volume to know how much the government saved or made now that its gone. Government can calculate what came into it after the subsidy was removed.

You are pro-subsidy, hence emotions dominate and not rationality.

Even if it did not cost a dime to provide the subsidy, it should still go.

The biggest damage it did was that it prevents private investment into refining. No bank will lend you $2b to build a 100,000bpd refinery where government fixes the price.None!

The only reason why Dangote and Bua were able to construct refineries was that they could leverage their immensely profitable and enormous cement business as collateral to secure loans.

Had the subsidies been removed since the 1990s,by now the country would be refining at least 2mbpd of crude oil. It would also have massive fertilizer and petrochemical industries. Power generation would probably hover around 50,000 Mw. Nigeria would be the defacto energy hub of Africa.

halfbaked analysis as usual. Subsidy cannot kill investment. Was there any promise to Dangote before he built Africa's largest refinery for $20B? The crooked way you reversed order and linked increase in refining capacity to subsidy removal is classic of all your monikers.

It was a matter of govt choosing to buy his finished product or from India depending on which is cheaper, faster and then subsidizing it to Nigerians via marketers. You suck at economic analysis even more than I initially realized. Stick to investment and corporate affairs news.

CodeTemplar:
somebody seated at home and watching AfricanMagic channel can't be categorized as being productive. Most people used it for leisurely consumption and not production of essentials.

Most people equals what percentage please?

85%?
Or 65%

seguno2:


Most people equals what percentage please?

85%?
Or 65%

above 50%.

CodeTemplar:
above 50%.

Can you please share the link to this research.

And if 50% of Nigerians are loafers, how do we have the biggest economy in Africa, with Lagos being the 3rd biggest economy

Igwe9:
Workers go to work few days in a week

If anything to go by the report of massive importation of PMS in the coming days, or weeks by parties and entities, the price will come down a bit thereby forcing demand to increase a bit. We are likely to see the law of economics of demand and supply coming to play here with price mediating.

However, this suffering of the masses could be born for sometime if the government could hit the ground running and fixing the necessary infrastructures for a modern Nigeria. Good express highways connecting the major cities of the nation to reduce commuting time and costs. Modern Railways for inter and intra-city commuting like in UK, France and other countries in Europe and elsewhere. With good road and rail network, commuting will be cheaper, safer and faster, this will in effect cause prices of goods and services to come down.

Constant uninterrupted electricity(improving already), efficient communication system(improving already) and linking more rural areas with communication thereby integrating them to the mainstream of the country with the attendant increase in food and agro allied supplies. More investment in agriculture in areas of genetics mapping, GMO, improved yield and optimization of the agricultural systems.

People who have no business staying in townships to move to the rural areas to help in agricultural productions. Investment in other mining activities to boost GDP, curbing corruption in the Upstream, midstream and downstream of the oil industry. The list is long, but if the government will just start embarking on all these reformative endeavors and not on jumbo salaries for elected political officers and public servants leaving the masses and sharing the loot, the suffering will be elongated even beyond this present government - God forbid.

Counsel: This government has what it takes to bring this country out of her doldrums and put her in the path of economic, social and political development shunning, tribalism, ethnicity, nepotism, bigotry, favoritism and using the best the country has to do the right jobs.

Soon Nigeria will be great again.

God bless us

God bless my country Nigeria

CodeTemplar:
Thank you for revealing the data with which the drop was cooked in order to exonerate NNPCL and their local partners in crime. You guys forgot about hundreds of of thousands of car and gen owners who no longer can afford N550/Litre.
You guys also forgot the smuggling was most active around the Nigerian border in those countries and not everywhere.

By you guys, do you mean NNPCL that cooked up the 28% drop

bonnyhope:


Don't say others couldn't do

Jonathan came in 2011 and by 2012 he already saw the need to remove subsidy.


Tinubu himself mobilised people and kicked against govt policy then.

Now you are singing praises for him

Today Tinubu is president and sponsoring protests against the voices of majority and non partisan.

Soon FG will drink their petrol

Unaevince:

If anything to go by the report of massive importation of PMS in the coming days, or weeks parties and entities, the price will come down a bit thereby forcing demand to increase a bit. We are likely to see the law of economics of demand and supply coming to play here with price mediating.

However, this suffering of the masses could be born for sometime if the government could hit the ground running and fixing the necessary infrastructures for a modern Nigeria. Good express highways connecting the major cities of the nation to reduce commuting time and costs. Modern Railways for inter and intra-city commuting like in UK, France and other countries in Europe and elsewhere. With good road and rail network, commuting will be cheaper, safer and faster, this will in effect cause prices of goods and services to come down.

Constant uninterrupted electricity(improving already), efficient communication system(improving already) and linking more rural areas with communication thereby integrating them to the mainstream of the country with the attendant increase in food and agro allied supplies. More investment in agriculture in areas of genetics mapping, GMO, improved yield and optimization of the agricultural systems.

People who have no business staying in townships to move to the rural areas to help in agricultural productions. Investment in other mining activities to boost GDP, curbing corruption in the Upstream, midstream and downstream of the oil industry. The list is long, but if the government will just start embarking on all these reformative endeavors and not on jumbo salaries for elected political officers and public servants leaving the masses and sharing the loot, the suffering will be elongated even beyond this present government - God forbid.

Counsel: This government has what it takes to bring this country out of her doldrums and put her in the path of economic, social and political development shunning, tribalism, ethnicity, nepotism, bigotry, favoritism and using the best the country has to do the right jobs.

Soon Nigeria will be great again.

God bless us

God bless my country Nigeria

This same government that plundered Lagosians’ commonwealth instead of providing ordinary water to every building?

Did you just labour to write a Nollywood comedy piece above

Potable water still luxury 23 years after return of democracy

WHILE the Federal Government continues to proliferate the country with dams, it is such an irony that a state like Lagos, with its massive, constant boast of being a megacity, cannot provide its residents, thereby forcing the bulk of them to take solace in the arms of water boreholes.

At regular intervals, the two major waterworks in the state, the Adiyan, and Iju get grounded leading to the non-availability of water. In April and May last year, for instance, they both produce less than 10% of their installed capacity.

As of today, Eti-Osa, Apapa, Victoria Island, Badagry, Ibeju Lekki, Surulere, Ikorodu, Agege, Ojo, Mushin Kosofe, and most locations in the state are without access to clean water. Consequently, millions of residents now rely on boreholes, rivers, rainwater, as well as comprised wells for their water needs.

On its website, the LWC claims that it has a total installed water production capacity of 210 million gallons per day (MGD), which is far lower than the current estimated daily water demand of 540 million gallons per day.

Also, its plan to produce 745 million gallons per day by the year 2020 through the Lagos Water Supply Master Plan fell flat with the actual number of citizens having access to potable water dropping, rather than increasing 11 years after the launch of the master plan.

A senior staff of LWC, who preferred anonymity said that at present, its agency only supplies water to Lekki, parts of Ikoyi, Victoria Island (VI), Ojodu, Iju, and some parts of Ikotun.

https://guardian.ng/sunday-magazine/potable-water-still-luxury-23-years-after-return-of-democracy/

My gen is on mute for now. Will just manage nepa light till we understand what's going on in this country .

ChatterHouse:


People has been trekking what's the need of cars

The next thing to do will be to form the TREKKERS ASSOCIATION OF NIGERIA (TAN). That’s all. Keep the membership free.

Unaevince:


If anything to go by the report of massive importation of PMS in the coming days, or weeks by parties and entities, the price will come down a bit thereby forcing demand to increase a bit. We are likely to see the law of economics of demand and supply coming to play here with price mediating.

However, this suffering of the masses could be born for sometime if the government could hit the ground running and fixing the necessary infrastructures for a modern Nigeria. Good express highways connecting the major cities of the nation to reduce commuting time and costs. Modern Railways for inter and intra-city commuting like in UK, France and other countries in Europe and elsewhere. With good road and rail network, commuting will be cheaper, safer and faster, this will in effect cause prices of goods and services to come down.

Constant uninterrupted electricity(improving already), efficient communication system(improving already) and linking more rural areas with communication thereby integrating them to the mainstream of the country with the attendant increase in food and agro allied supplies. More investment in agriculture in areas of genetics mapping, GMO, improved yield and optimization of the agricultural systems.

People who have no business staying in townships to move to the rural areas to help in agricultural productions. Investment in other mining activities to boost GDP, curbing corruption in the Upstream, midstream and downstream of the oil industry. The list is long, but if the government will just start embarking on all these reformative endeavors and not on jumbo salaries for elected political officers and public servants leaving the masses and sharing the loot, the suffering will be elongated even beyond this present government - God forbid.

Counsel: This government has what it takes to bring this country out of her doldrums and put her in the path of economic, social and political development shunning, tribalism, ethnicity, nepotism, bigotry, favoritism and using the best the country has to do the right jobs.

Soon Nigeria will be great again.

God bless us

God bless my country Nigeria

You are right, there is nothing bad about consuming more, some businesses have been abandoned. If we can build refineries, we will be able to supply fuel to other west African countries. Just as they did to Dangote, government can partner with individuals that are willing to invest it.

Our problem here is nepotism, keep it open, I am willing to invest in it if that happens and I know many that will

esdeemiami:
Na who don eat bellefull go buy fuel Na

Meaning that when we belleful with Tinubu’s agbado plus cassava, we go back to buying fuel?

lalasticlala:
Insecurity: Recruit 50 million youths into army, Tinubu urges FG

All Progressives Congress chieftain, Bola Tinubu, on Monday, urged the Federal Government to recruit at least 50 million youths into the Nigerian Army to boost Nigeria’s fight against terrorism, banditry and all forms of internal and external security threats confronting the nation.

Tinubu spoke at the 12th colloquium to celebrate his 69th birthday in Kano State.

He said, “We are under-policed and we are competing with armed robbers and bandits to recruit from the youths who are unemployed —33 per cent unemployed?”

“Recruit 50 million youths into the army,” he stated, adding that “what they will eat —cassava, corn, yam, will grow here.”

The APC chieftain, while reacting to recent statistics by the National Bureau of Statistics that over 23 million Nigerians are jobless, also urged the government to create jobs for youths in the agricultural value chains.

He said, “Don’t talk about illiteracy, anybody who can hold a gun, who can handle a gun, who can cock and shoot is technically competent to repair a tractor in the farm.”

https://punchng.com/insecurity-recruit-50-million-youths-into-army-tinubu-urges-fg/