wildernessVoice:


In every filling station, there are dedicated pump for APC members, just get their card you'll buy #40 per litre.
Also , go to Wuse Zone 4 in Abuja, we have aboki changing #1.00 for 1 USD
" Suffering and Smiling"
in FELA'S word 😊😁

We go laugh them tire.

leokid866:
your father dead head.....💀

Truth hurts.

Ijaya123:


This is no wailing but constructive engagement. If you’re suffering, do so in peace

What is constructive about your blind support for a policy that is obviously not working?

It was this same blind loyalty for buhari by the north that set Nigeria backwards for 8 years.

South West that is supposed to be enlightened is even doing worse with Tinubu

The coming days will open all zombie eyes

taylor89:
Una go cry tire

We warned y’all like we did in 2015

But Helinues and the rest assured us Tinubu was a master strategist and a FIRST CLASS graduate of accounting from Chicago University

He did it in Lagos he will replicate it in Nigeria

I knew Tinubu was a Buffon because a man who spent over $500 million to acquire power won’t work for the benefit of the masses

Go to street now everybody just squeeze face

The country is mourning including APC supporters

Omo this government of Tinubu must favor you people and una family oo

Una go cry till blood come out

Tinubu fire down no look anybody face

Make the suffer choke

Before end of 2023 mortuary go full

Tinubu area of specialization is COCAINE & HEROIN not governance

The itis go hear am hot

zinaunreal:


You're unknown get lost...

As e dey pain u, e dey sweet us.

Gajagojo:

Lagos economy is growing. It is now over $100 billion
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue

Are you a machine?
Why are you repeating same thing over again

I have always said it and will keep saying it.
No matter how high the price goes, i will survive it, I pity people like you that voted APC..

U NEVA START 2 CRY### Useless pipu

We hear we hear and understand that una no get home training neither does your comment demonstrate a measured response or a joined up thinking but that of someone still suffering intoxication from Hero’s or another Nigerian beer.

While he dey choke right now the 2 major elephants in the room ( fuel subsidy thieves and currency arbitrage ole) have been taken out. We know PBAT will get the turnaround necessary to put Nigeria on a successful trajectory and will favour me and my family. We shall overcome.

The armed robbers and their agents destroying Nigeria’s commonwealth through all the criminal routes are fighting vigorously and we the people need to stand our ground and behind PBAT

The most ungrateful people on Mother Earth excluding and are to be ignored.





up

taylor89:
Una go cry tire

We warned y’all like we did in 2015

But Helinues and the rest assured us Tinubu was a master strategist and a FIRST CLASS graduate of accounting from Chicago University

He did it in Lagos he will replicate it in Nigeria

I knew Tinubu was a Buffon because a man who spent over $500 million to acquire power won’t work for the benefit of the masses

Go to street now everybody just squeeze face

The country is mourning including APC supporters

Omo this government of Tinubu must favor you people and una family oo

Una go cry till blood come out

Tinubu fire down no look anybody face

Make the suffer choke

Before end of 2023 mortuary go full

Tinubu area of specialization is COCAINE & HEROIN not governance

Beremx:
From shege banza (Buhari) to dan bura uba (Tinubu)

Buhari will truly be missed

There are comments of monikers I have been waiting for.

Seunmsg
leodeking
Pandoraobi
moh247
Obembet
Etc

You see the above Yolubas and Tinubu supporters, you'll never see them on threads like this. But let it be about obi, boom you'll see them appear immediately to insult and lambast obi. This is Nigeria where their lord and savior is currently the illegitimate president, the man wants to kill Nigerians yet them no send. I'm sure Only obi and his supporters are feeling the heat

Gajagojo:

Lagos economy is growing. It is now over $100 billion
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue

Weyrey re oo

GO0DHardDick:


There are comments of monikers I have been waiting for.

Seunmsg
leodeking
Pandoraobi
moh247
Obembet
Etc

You see the above Yolubas and Tinubu supporters, you'll never see them on threads like this. But let it be about obi, boom you'll see them appear immediately to insult and lambast obi. This is Nigeria where their lord and savior is currently the illegitimate president, the man wants to kill Nigerians yet them no send. I'm sure Only obi and his supporters are feeling the heat

they are quietly enjoying the renewal of shege banza to Dan bura uba. Suffering and smiling. What do you expect? 😄

successmatters:
This is still genesis, by the time you reach malachi, your eyes will clear.

I hate it when some Nigerians are still living in a fool's paradise, how can you expect a thief to become good just because he stole the presidential mandate? This is juvenile naivety mixed with thick ignorance.

He will steal more because stealing is in his DNA.

CC seunmsg leodeking Pandoraobi seunmsg moh247 Obembet helinus etc

Call their names bro, they're right here


Seunmsg
leodeking
Pandoraobi
moh247
Obembet
Etc

As long as this isn't about obi, e no concern them Nigeria can burn to ashes

Ikpeyi:
All of us are feeling the heat.

Not all of us bro, Tinubu and APC supporters are enjoying. They're buying fuel for #98 naira. If you come with your face cap and you're with your broom, they'll quickly sell it for you for #50 naira.

Ask the moniker blow

Seunmsg
leodeking
Pandoraobi
moh247
Obembet
Etc

Always look at the positive side of my life.the last time I checked, good things don't come easily.

Iamzik:


What is constructive about your blind support for a policy that is obviously not working?

It was this same blind loyalty for buhari by the north that set Nigeria backwards for 8 years.

South West that is supposed to be enlightened is even doing worse with Tinubu

The coming days will open all zombie eyes

The policy is working just as it should. And if you have a better idea, let’s have it.

You ain't seen nothing yet. More to come from the chief capitalist of Nigeria, the one who reaps where he did not sow, more toll gates will be constructed, pay parking on the streets will commence in all city and major towns, you have to get permission and payheavily before sinking borehole for water, welcome to Emilokan dynasty.

Gajagojo:


Lagos economy is growing. It is now over $100 billion
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue

Abeg stop quoting me
Abeg please 🙏

Gajagojo:


But you just quoted me?

Lagos economy is growing. It is now over $100 billion
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue

I'm sorry sir
It was in error please 🙏 🙏 🙏

This is just less than three months of administration oooo

We told them, we warned .......see what they've done to themselves now

This new government is making me to see buhari as a good president.

Chaii !!!! imagine, an oil producing state selling fuel at 630 per liter to it's citizens.

Well since una no wan get sense,since una allow tribalism and religious differences to blind your conscience, this national hardship go reset una brain. We are still in genesis by the time time we reach revelation,una body go hearam.🤣🤣🤣🤣🤣

grandstar:


The floating of the Naira was a necessity. It was Buhari's interference that created the senseless and corruption riddled multiple exchange rate system..

To understand it well, imagine you were Buhari's son and you claimed you needed $5m. You're now supplied that $5m at the official rate of 461.

You now take that $5m and sell it at the parallel market rate of 750. Can you imagine the profit he would make? This is called roundtripping and it boomed under Buhari. If Emefiele should dare open mouth, wahala go dey.

Can you imagine how much revenue the government was losing? Imagine government gets $2b monthly which it sells at the official rate. Now, the well connected buy it to resell at humongous profits.

It also created artificial scarcity. Imagine you were sent $500. Would you exchange it at the official rate?

Now, imagine a big company is bringing in $100m? They will prefer not to bring it in. Basically, forex was scarce at the official exchange rate. It was largely an audio rate.

Yes the 70bn requested by the lawmakers is wrong. So, let's measure the financial waste in comparison to the wastes from multiple exchange rates and oil subsidy.

1. Lawmakers: N70b
2. Exchange rate. N2.4tr
3. Fuel subsidy $10bn N7.8tr

I will stop here for you to reach your own conclusions

You did well but the effects on the masses is something else, PBAT should block all lope holes and go after the real culprits. The question is: can he do that?

Idiots.......na lie ooooo. U pple have started crying when the shege hasn't reached 💯%

See wailing.

Stop winning.

Pump price: NLC, TUC NASS like "dogs can't bark , bite".- Amachi Anakwe

taylor89:
Una go cry tire

We warned y’all like we did in 2015

But Helinues and the rest assured us Tinubu was a master strategist and a FIRST CLASS graduate of accounting from Chicago University

He did it in Lagos he will replicate it in Nigeria

I knew Tinubu was a Buffon because a man who spent over $500 million to acquire power won’t work for the benefit of the masses

Go to street now everybody just squeeze face

The country is mourning including APC supporters

Omo this government of Tinubu must favor you people and una family oo

Una go cry till blood come out

Tinubu fire down no look anybody face

Make the suffer choke

Before end of 2023 mortuary go full

Tinubu area of specialization is COCAINE & HEROIN not governance

My brother in my Area here in Abuja there is fuel station selling to APC guys for 240per liter. o..just come with evidence that you are from APC or wear any Tinubu paraphernalia and boom you get cheap fuel and cheap food..it is favoriting them and their families o..the blood they are crying is for something else suffered in another country. Useless people plunged us into a mess because we share space with stup.Id illiterates and bigots.

Treadway:
lawmakers 70b is just one recent instance, out of many

Exchange rate 2.4trn, share proof showing the time frame this accrued

Fuel subsidy 7.8trn, share proof also showing the time frame this accrued.

I will stop here for now, pending your response(s)

Exchange rate 2.4trn, share proof showing the time frame this accrued

Early this year to June 1st, the official exchange rate hovered around $1- 440 while the parallel market rate was 740. Crude oil production was around 1.5 million barrels per day. Price of crude average around $50 per barrel. When multiplied, that is $75m per day. Let us say the governments share is $50m daily. In a month, that will $1.5bn monthly

Lets now calculate the how much the government was losing monthly

$1.5bn sold at the official rate of N440. 1.5bn x 440 = N660b

$1.5b at the parallel rate N750 .1.5bn x 750 = 1.215 Tr

So, 1.125,000,000,000 - 660,000,000,000 = 465bn

So, government was losing N465b every month. So, from beginning of January to June 1st, which is 5 months, the 3 arms of government would have lost 465b x 5 = 2.325tr. That is just within 5 months. If we extend it to by another 7 months, the figure will be very frightening.

Fuel subsidy 7.8trn, share proof also showing the time frame this accrued.

At June 2023, the average price of a litre of Nigerian Bonny Light crude oil average $0.47 or 47 cents per day. When 47 cents is multiplied by 440, you get N206.80 per litre. The price then was fixed at 195 per litre if I am correct? That means, it was cheaper to buy petrol than to buy crude oil. There was already a subsidy of N10. Since the end price to consumer was 195/litre, that means NNPC would have sold it to marketers cheaper for them to make a profit. So, let us say the government sold it to them at N175/litre, the subsidy increases to about N30/litre.

Please note I used the unrealistic 440 to a dollar rate. Also, I have not included refining cost. I don't know how much it would cost to refine it but let us use 150/litre.

So, lets add N30 + N150 = 180. Total subsidy is 180/litre.

Daily average daily consumption is minimum of 60m

180 x 60 = N10.8b daily. Multiply by 365 and you have 3.942 trillion a year in subsidies.

Please note that I only used the unrealistic exchange rate of 440 to calculate my figures instead of 750 which is about 60% higher. If we used 750 x 47cents, it would be N352/Litre of crude oil. That will mean the 352-195 = 157/litre subsidy before it is even refined. If we add 150 refining cost, that would bring the estimated refining cost to 157 + 150 = 307 litres per day.

307 litre x 60,000,000 daily consumption = 18.42bn subsidy daily.

Multiply 18..42bn x 365 = 6.723 tr per year in subsidies

Also note my refining cost was an assumption. Also, the daily consumption was the minimum possible as most estimates are higher than that, some even up to 90m


My estimate for refining cost was just an estimation

Tntsi:
[b][/b]

Imagine the lamentations and sufferings a brother is going through. Many others like him are hopless, secretly crying and soaking their bed and pillows in tears.

Nigeria is at the edge of total collaspe.

The call for PODATTI is not a call of politicking.
The call for PODATTI is a call for a new Nigeria where the leadership leads by example.
It is a call for a leadership that feels the pains of the people.
It is a call that with pull Nigeria out of collaspe.

The only thing that will save Nigeria is the return of the mandate of people's president, Peter obi.

Any mistake , forget about Nigeria.

Dem never suffer them just dey start. What pains me past are the poor idiots that have never benefitted a thing from Tinubu, Buhari and Apc still want die for am. They are since been broke and poor since 2015 and till now situation still the same yet they still support them both online and on the street and come to us that are against Apc and Tinubu to beg for money and food. I give them no shi shi... next time dem go get sense. How can you expect a man that have embezzle Lagos wealth to come clean Nigeria over night. Once a thief always a thief. All the funds he saved for Nigeria from the subsidy removal will be siphon by Tinubu and Co.. i can bet my life on that. A thief will never change.