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FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre (17759 Views)

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Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by sammirano3: 12:49pm On Sep 22, 2023
nairalanda1:
At the end of the day, the APC government was always in support of subsidy.

Nigeria cannot afford subsidy again. If we had kept subsidy since May 29, and fuel remained at N195, by now, subsidy costs would have risen drastically, and government would have either been taking loans from other parts of the budget to pay for the subsidy, or taken more loans, or declare force maejure, and the market would end up having scarcity.

We keep making the same mistake every time, all in the name of cheap fuel

THERE IS NO SUCH THING AS CHEAP FUEL. Fuel costs money to produce. But because we want the poor to breathe, we use tomorrow's money to pay yesterday's costs.

Ah well, everyone should be 'happy' now.

Don't complain when the debt rises, and when we don't have refineries again.



(Yeah, like it makes sense to sell fuel at N617 when it costs N900 in reality. Apparently believing that it is wrong to sell fuel at a loss means you are an oppressor, and hate Nigerians. Well, anyone quoting me to tell me that I am wrong....WOULD YOU sell your goods at a loss to let the poor breathe? )

Am out. .



Modified


As expected, the subsidy supporters are out in force.

LOL.

Well, I cannot help people who don't want to see to see. cheesy

Are you are you normal? angry
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by lexy2014: 1:00pm On Sep 22, 2023
nairalanda1:


Nothing. The problem is, subsidy always encoruages corruption. Even if it was stopped, the problem is petrol is being sold below the cost of production. When that happens, wahala starts.

Libya has a massive fuel smuggling problem. They are now resorting to using jet fighters against the smugglers. Not working. Even Angola, Venezuela, etc...all have smuggling issues. Iran as well. Saudi has the same problem.

.




I have no argument with this, and infact have made this point over and over again...that our economy IS NOT DIVERSIFIED.

I have even gone on the record stating what we need to do to diversify.

Oil is not enough for us.




And power supply is poor because government controls prices there.

As a result, they cannot make enough pofit to pay loans taken, talkless of fixing things. (The Siemens deal involved TCN mostly...which is a government run entitiy).

For two years, them companies were not allowed to raise their prices

Then 40% of Nigerians do not pay for power.

Yet by some miracle you expect 24 hour power supply.

South Africa does not have these constraints, and they have blackouts.

Yes, which is why we have to DIVERSIFY

Simple.

And in most instances, they pay taxes at rates of close to 50% per annum to pay for the subsides. Oil rich countries that can subsidise produce more than we do and have populations not up to 20 million. (Saudi produces ten times what we do, and has a population of 40 million.).


what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population

you missed this part in your reply
Egypt, Angola, Algeria and Libya still sell cheap fuel in Africa. In fact Egypt with 112m population produces lesser oil than we do, they rarely export. They even import crude oil to compliment their local consumption yet pays billions of dollars to Petro subsidy this year only. Subsidized Fuel is sold at about N301 in Egypt as of today.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by RepoMan007: 1:04pm On Sep 22, 2023
Princewill1:

I have read your article, nothing new there... just the usual rethorics; Corruption in the sector, Fuel smuggling to neighboring countries, subsidy being too costly for govt etc.
I have argue with you on this topic here on NL. It seems you're working for some people.

1. What stops govt from tackling the corruption going on in the sector? I thought they are the ones in charge? Egypt, Angola, Algeria, Libya subsidizes oil in their countries with no noise of corruption in their oil sectors. Why is our subsidy different?

2. During Trump's administration, he collaborated with Mexico to send 26 thousands Mexican troops to the border to checkmate illegal immigration. You can't tell me that govt in Nigeria can't drastically minimize oil smuggling.

3. About subsidy being too costly for govt., Then govt should divisify to earn more FX. Egypt, Angola, Algeria and Libya still sell cheap fuel in Africa. In fact Egypt with 112m population produces lesser oil than we do, they rarely export. They even import crude oil to compliment their local consumption yet pays billions of dollars to Petro subsidy this year. Subsidized Fuel is sold at about N301 in Egypt as of today.

Here are reasons why I think subsidy or partial susidy should be a right in Nigeria.

POOR POWER SUPPLY:

Subsidized oil should be a fundamental RIGHT in Nigeria because "petro and diesel" are tied to electricity generation in Nigeria. Millions of businesses in Nigeria rely largely on it for power generation and survival. A country that has stable electricity can't remove subsidy and Nigeria with poor power supply will follow suit.
You stated in your previous post that Ghana sells fuel at over N1000 per liter. Ghana citizens doesn't need fuel for something as crucial as power generation due to their govt provision of stable power supply.

NAIRA FREE FALL:
Govt over the years has failed to fix our refineries making us to rely heavily on imported fuel purchased with scarce Fx. Your 2022 article stated that the landing cost of fuel as of then was N396 now the news on this post is talking of N900 due to the exchange rate. What it means is that in the absence of subsidy, fuel can even be sold for 5k or more per liter in the nearer future as Naira continue to fall.

Is it not idi.otic for politicians in Nigeria to says that corruption in oil subsidy is the main reason they want to end subsidy and the mu.mu masses in Nigeria accepted it. Why not tackle the corruption there first?

All over the world, govts subsidize essential products and basic commodities for it's citizens.
The fellow you having a convo with is too partisan to reason straight. It takes severe daftness to peddle the lie about refineries not making profit if petrol remains subsidized.
The govt buys from refiners outside Nigeria as it stands. The only difference with where we are headed is that they start buying from local refiners. That doesn't stop local refiners from selling at prevailing market rates to govt or at slightly cheaper rates because transport cost and import duty widens their profit margin further. They can even sell internationally but the fraud you talking to has made the habit of peddling that daft and dangerous lie on this forum over his last half dozen monikers.

Someone who doest know the role of CBN in economic growth or how money system works. He is just another western brainwashed element.


Talking about the smuggling, It is a form of corruption and can be dealt with. If dealt with, instead of trying to smuggle fuel outside, outsiders will prefer to relocate to Nigeria for cheaper production and start producing thereby creating employment, wealth and forex earning locally.

2 Likes

Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Godszilla: 1:23pm On Sep 22, 2023
nairalanda1:


At the end, when you sell something less than the cost of producing it, you would end up with corruption and looting...because you are attacking somene's right to make a profit.

Why do we have scarcity of petrol, but no scarcity of bread? Because bread is sold at a profit in Nigeria. Petrol is not.

Bring in a subsidy, corruption wills et in in the sector being subsidised.

Plus even IF YOU ELIMINATE CORRUPTION, all your problem is not solved.

If we kept petrol at N195...our subsidy costs would have gone up from N400 per liter in may to N700-800 per liter by now. Buhari did not budget any money for subsidy beyond June. The money for the increase will come from other sectors of the budget, causing a deficit...which has to be filled in by loans.

Here is your own take remove subsidy n corruption dies a natural death. I don't know who is feeding you with all this n it doesn't correlate with reality.

Besides nobody is taking away anyone's profit its being paid by the government - where the corruption n looting n mismanagement stems from.

It is well with you please help us beg emi lokan to hands off completely and let's watch how the country will be better for it.

“And with all thy getting get understanding” (Proverbs 4:7

2 Likes

Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 1:28pm On Sep 22, 2023
sammirano3:


Are you are you normal? angry

cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy wink
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Prince111111: 1:29pm On Sep 22, 2023
Buhari is far far better than this Man oooo chai
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 1:32pm On Sep 22, 2023
Godszilla:


Here is your own take remove subsidy n corruption dies a natural death. I don't know who is feeding you with all this n it doesn't correlate with reality.

Besides nobody is taking away anyone's profit its being paid by the government - where the corruption n looting n mismanagement stems from.

It is well with you please help us beg emi lokan to hands off completely and let's watch how the country will be better for it.

“And with all thy getting get understanding” (Proverbs 4:7


Oga, if you want to sell petrol at N40 when it costs over N800 to make the same petrol so that the poor can breathe...at your own filling station, do that, and enjoy.

Good afternoon. We are done here.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 1:35pm On Sep 22, 2023
Princewill1:

I have read your article, nothing new there... just the usual rethorics; Corruption in the sector, Fuel smuggling to neighboring countries, subsidy being too costly for govt etc.
I have argue with you on this topic here on NL. It seems you're working for some people.

1. What stops govt from tackling the corruption going on in the sector? I thought they are the ones in charge? Egypt, Angola, Algeria, Libya subsidizes oil in their countries with no noise of corruption in their oil sectors. Why is our subsidy different?

2. During Trump's administration, he collaborated with Mexico to send 26 thousands Mexican troops to the border to checkmate illegal immigration. You can't tell me that govt in Nigeria can't drastically minimize oil smuggling.

3. About subsidy being too costly for govt., Then govt should divisify to earn more FX. Egypt, Angola, Algeria and Libya still sell cheap fuel in Africa. In fact Egypt with 112m population produces lesser oil than we do, they rarely export. They even import crude oil to compliment their local consumption yet pays billions of dollars to Petro subsidy this year. Subsidized Fuel is sold at about N301 in Egypt as of today.

Here are reasons why I think subsidy or partial susidy should be a right in Nigeria.

POOR POWER SUPPLY:

Subsidized oil should be a fundamental RIGHT in Nigeria because "petro and diesel" are tied to electricity generation in Nigeria. Millions of businesses in Nigeria rely largely on it for power generation and survival. A country that has stable electricity can't remove subsidy and Nigeria with poor power supply will follow suit.
You stated in your previous post that Ghana sells fuel at over N1000 per liter. Ghana citizens doesn't need fuel for something as crucial as power generation due to their govt provision of stable power supply.

NAIRA FREE FALL:
Govt over the years has failed to fix our refineries making us to rely heavily on imported fuel purchased with scarce Fx. Your 2022 article stated that the landing cost of fuel as of then was N396 now the news on this post is talking of N900 due to the exchange rate. What it means is that in the absence of subsidy, fuel can even be sold for 5k or more per liter in the nearer future as Naira continue to fall.

Is it not idi.otic for politicians in Nigeria to says that corruption in oil subsidy is the main reason they want to end subsidy and the mu.mu masses in Nigeria accepted it. Why not tackle the corruption there first?

All over the world, govts subsidize essential products and basic commodities for it's citizens.

1 Like

Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 1:36pm On Sep 22, 2023
Godszilla:


Here is your own take remove subsidy n corruption dies a natural death. I don't know who is feeding you with all this n it doesn't correlate with reality.

Besides nobody is taking away anyone's profit its being paid by the government - where the corruption n looting n mismanagement stems from.

It is well with you please help us beg emi lokan to hands off completely and let's watch how the country will be better for it.

“And with all thy getting get understanding” (Proverbs 4:7
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Babinski: 1:37pm On Sep 22, 2023
Againstallodds:
Are you really sure this man is an accountant like they hyped him

You cannot remove subsidy and expect the same NNPC that superintend the subsidy regime to effectively manage the non-subsidy regime. Removing subsidy goes beyond mere announcement. You need to setup a panel to determine if subsidy actually existed and how much it is in the first instance. The panel will investigate and then recommend how to remove subsidy. PPRA will be disbanded. There would be reshuffling at NNPC, Marketers would be granted Licenses to import without forming cabals to dictate price and the Refineries would be sold and people given License to build Modular Refineries.

All in all, it would be a phased plan that would take months and not just a sudden thing.
The Subsidy issue is full of corruption and the Government seems to be scared or unwilling to bring the culprits to book. You cannot do anything meaningful in that type of situation.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 1:38pm On Sep 22, 2023
lexy2014:


Egypt, Angola, Algeria and Libya still sell cheap fuel in Africa. In fact Egypt with 112m population produces lesser oil than we do, they rarely export. They even import crude oil to compliment their local consumption yet pays billions of dollars to Petro subsidy this year only. Subsidized Fuel is sold at about N301 in Egypt as of today..


1.Egypt has a diversified economy, not the oil economy APC has put us under.

2.Angola has a serious debt problem, and a massive fuel smuggling issue. Plus their populaiton is not up to 50 million

3.Algeria has a diversified economy as well. Not the APC oil dependent economy we have.

4.Libya?

Libya produces slightly more oil than we do and has

1.8-10 million people compared to our 200 million people

2.Thus more revenue per capita than we do

3.So they can afford subsidy.

4.And...they have a bad smuggling problem that they are resorting to airstrikes to fight the fuel smugglers. Yes, it is that bad.


Nigeria, especially after 8 years of APC rule is so bad that we cannot afford subsidy. Maybe when we vote in a government that would diversify our economy, and improve tax collection and not pretend fuel is cheap...and no it is not this current government we have, we can get somewhere.

Also, Lexy, if you want subsidy, meet your senator and agi...no wait, Tinubu has heard your cry and brught you subsidy. So, as a tinubu supporter you should be happy. As someone who is a realist and is apolitical, I am pissed.



Now, I want you to keep on asking me questions again and again.

I hereby command you to do so, oga Lexy
.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by worksmart(m): 1:59pm On Sep 22, 2023
With this Tinubu administration, if it is not one bad news it is another bad news. undecided cry
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:01pm On Sep 22, 2023
nairalanda1:


Because we spent a large chunk of that revenue from the 100 dollars per barrel to pay for subsidies

Even then GEJ wanted to remove it. You his supporters and the opponents like Tinubu said no.
at the bolded, these facts say otherwise. Diezani one person, stole more than the whole subsidy payment for a year even using the prevailing exchange rate at that time, but you've sworn that corruption is just small fry. Not to mention, the exchange rate was managed and manageable at the time so even despite years of high crude oil prices our lives didn't get turned upside down, but fast forward to 2023 you Harvardus economists somehow believe that floating the naira and removing subsidies in one fell swoop is a great idea..and when we tell you the corruption and mismanagement are the real issues you say subsidy is the monster...as if the subsidies on diesel, kerosene that were removed solved anything. Ok o remove subsidy, but why repeat the same trick of 2015/16 by a stupid naira float alongside that in an economy like this with zero shocks.. the stupid misfire evidently did not work as that pushed rates into the 500's then before it settled at the 360's or thereabout. The same clueless Emefoole tricks na im dem still dey actively replay in 2023 after all the castigating.

I know say you no go accept lailai, so this point and the screenshots are just to remind some nairalanders who may have forgotten the events of yester-years not to get carried away with big big English and remind themselves of a little history

Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Chasito(m): 2:04pm On Sep 22, 2023
No matter how difficult this country will be, it will favour me and my family, Amen 🙏
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by hardcore007: 2:05pm On Sep 22, 2023
Bubu told us we will miss him, but we took it for a joke.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:06pm On Sep 22, 2023
Treadway:
these facts say otherwise. Diezani one person, stole more than the whole subsidy payment for a year even using the prevailing exchange rate at that time, but you've sworn that corruption is just small fry. Not to mention, the exchange rate was managed and manageable at the time so even despite years of high crude oil prices our lives didn't get turned upside down, but fast forward to 2023 you Harvardus economist somehow believe that floating the naira and removing subsidies in one fell swoop is a great idea..and when we tell you the corruption and mismanagement ilare the real issues you say subsidy is the monster...as if the subsidies on diesel, kerosene that were removed solved anything.

I know say you no go accept lailai, so this point and the screenshots are just to remind some nairalanders who may have forgotten the events of yester-years not to get carried away with big big English and remind themselves of a little history


Do grow up . My supporting subsidy removal does not mean I support stealing.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:10pm On Sep 22, 2023
nairalanda1:



Do grow up . My supporting subsidy removal does not mean I support stealing.
you downplay it so much so, we could infer you do.

According to you (numerous times), the stealing is insignificant in the grand scheme of things...or you want screenshots. Screenshots dey if you want. Even your statement which I quoted ,you were still harping on that same thing, that subsidy was hemorrhaging the budget, hence, my decision to show you proof it wasn't so at least in 2011-2012, and to also show you the stealing that clearly was hemorrhaging the budget, by showing just 1 person! Go figure...
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:21pm On Sep 22, 2023
sammirano3:


Are you are you normal? angry
this man, you vex pata pata...sotey you ask the quesshion like Mr Macaroni 🤣🤣🤣
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:23pm On Sep 22, 2023
Treadway:
you downplay it so much so, we could infer you do.

According to you (numerous times), the stealing is insignificant in the grand scheme of things...or you want screenshots. Screenshots dey if you want. Even your statement which I quoted ,you were still harping on that same thing, that subsidy was hemorrhaging the budget, hence, my decision to show you proof it wasn't so at least in 2011-2012, and to also show you the stealing that clearly was hemorrhaging the budget, by showing just 1 person! Go figure...

Okay, make you sell your products at half price it cost you to make or buy them to help the poor.

And do grow up. My supporting subsidy removal does not mean I support stealing.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by lexy2014: 2:24pm On Sep 22, 2023
nairalanda1:



1.Egypt has a diversified economy, not the oil economy APC has put us under.

2.Angola has a serious debt problem, and a massive fuel smuggling issue. Plus their populaiton is not up to 50 million

3.Algeria has a diversified economy as well. Not the APC oil dependent economy we have.

4.Libya?

Libya produces slightly more oil than we do and has

1.8-10 million people compared to our 200 million people

2.Thus more revenue per capita than we do

3.So they can afford subsidy.

4.And...they have a bad smuggling problem that they are resorting to airstrikes to fight the fuel smugglers. Yes, it is that bad.


Nigeria, especially after 8 years of APC rule is so bad that we cannot afford subsidy. Maybe when we vote in a government that would diversify our economy, and improve tax collection and not pretend fuel is cheap...and no it is not this current government we have, we can get somewhere.

Also, Lexy, if you want subsidy, meet your senator and agi...no wait, Tinubu has heard your cry and brught you subsidy. So, as a tinubu supporter you should be happy. As someone who is a realist and is apolitical, I am pissed.



Now, I want you to keep on asking me questions again and again.

I hereby command you to do so, oga Lexy
.


what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:25pm On Sep 22, 2023
lexy2014:



what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?





You are right.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:27pm On Sep 22, 2023
nairalanda1:


Okay, make you sell your products at half price it cost you to make or buy them to help the poor.

And do grow up. My supporting subsidy removal does not mean I support stealing.
make you no buy cctv camera for your business premises and then hand your business to rogues and see if the business will fail at every turn or not.

1 Like

Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by lexy2014: 2:27pm On Sep 22, 2023
nairalanda1:




You are right.

in what way?

what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:27pm On Sep 22, 2023
lexy2014:


in what way?

what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?


Your cat is right.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by lexy2014: 2:28pm On Sep 22, 2023
nairalanda1:



Your cat is right.

what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:29pm On Sep 22, 2023
nairalanda1:



1.Egypt has a diversified economy, not the oil economy APC has put us under.

2.Angola has a serious debt problem, and a massive fuel smuggling issue. Plus their populaiton is not up to 50 million

3.Algeria has a diversified economy as well. Not the APC oil dependent economy we have.

4.Libya?

Libya produces slightly more oil than we do and has

1.8-10 million people compared to our 200 million people

2.Thus more revenue per capita than we do

3.So they can afford subsidy.

4.And...they have a bad smuggling problem that they are resorting to airstrikes to fight the fuel smugglers. Yes, it is that bad.


Nigeria, especially after 8 years of APC rule is so bad that we cannot afford subsidy. Maybe when we vote in a government that would diversify our economy, and improve tax collection and not pretend fuel is cheap...and no it is not this current government we have, we can get somewhere.

Also, Lexy, if you want subsidy, meet your senator and agi...no wait, Tinubu has heard your cry and brught you subsidy. So, as a tinubu supporter you should be happy. As someone who is a realist and is apolitical, I am pissed.



Now, I want you to keep on asking me questions again and again.

I hereby command you to do so, oga Lexy
.
hahahaha....una no go kee me for this Nairaland aswear.🤣🤣🤣

'I hereby command you' got me in stitches for real for real🤣🤣🤣
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:29pm On Sep 22, 2023
Treadway:
make you no buy cctv camera for your business premises and then hand your business to rogues and see if the business will fail at every turn or not.

At the end, you obviously would start a business selling bread, buy it at N1000 per loaf from the bakers and sell it at N200 so that you can help the poor breathe.

It is that simple. You support subsidy, therefore you support the government's right to set your price as a businessman to help the poor.

So, if you cannot support my assertion, then stop crying about subsidy, and let government set your price to help the poor.

Good afternoon, and do grow up.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:29pm On Sep 22, 2023
lexy2014:


what is so diversified about the egyptian that makes it better than the nigerian economy?

is it diversification that makes egypt better than nigeria?

what has Angolas "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it because of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?


Your mother loves chickens.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:30pm On Sep 22, 2023
Treadway:
hahahaha....una no go kee me for this Nairaland aswear.🤣🤣🤣

'I hereby command you' got me in stitches for real for real🤣🤣🤣

I'm just commanding him to do what he loves doing...asking questions. It's that simple.
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Treadway: 2:30pm On Sep 22, 2023
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by lexy2014: 2:30pm On Sep 22, 2023
nairalanda1:



Your mother loves chickens.

what is so diversified about the Egyptian that makes it better than the Nigerian economy?

is it diversification that makes Egypt better than Nigeria?

what has Angola's "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it becos of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by nairalanda1(m): 2:31pm On Sep 22, 2023
lexy2014:


what is so diversified about the Egyptian that makes it better than the Nigerian economy?

is it diversification that makes Egypt better than Nigeria?

what has Angola's "debt problem" got to do with the fact that they pay subsidy? what is the correlation?

is it becos of subsidy that they have a debt problem?

is it under APC or 8years ago that Nigeria started having an "oil dependent economy"?

you keep bringing up population but you avoided these questions i asked you earlier

what has population got to do with subsidy? is it because of population that the Saudi government can provide for its people? is there any social service that nigerian governments at all levels have shown competence in providing? is it because of the nigerian population?

what has improving tax collection got to do with providing subsidy? have tax collection been stagnant since 1960?

what has been done with the taxes al these years?

can you on behalf of the government account for the taxes collected so far?

what has supporting tinubu or not supporting tinubu got to do with the discussion? can you help me out?


Your grandchild is an inventor.

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