mrvitalis:

That makes its socialism oligarchy system

Tinubu is a socialist

Maybe u don't know the signs of socialism
APC is a socialist party

Say what u know

Government owned train, government owned this government owned that

Give me example of capitalist country where private individuals own train.
You go just dey yap nonsense

tollyboy5:

Give me example of capitalist country where private individuals own train.
You go just dey yap nonsense

Lmaooo sometimes google before you comment

USA .. Amtrak owned trains a lot

Bros abeg read

mrvitalis:

Lmaooo sometimes google before you comment

USA .. Amtrak owned trains a lot

Bros abeg read

Yes I checked Google now, Google said you're talking trash!

But these modular refineries can process Diesel and not much PMS...

Gjrich:


https://www.legit.ng/business-economy/energy/1573996-fg-announces-date-complete-refinery-dangote-port-harcourt-begins-operations/

tollyboy5:

Yes I checked Google now, Google said you're talking trash!

Lol but it's private company abi or not

NextUK:
How is that related to the refinery Peter obi swindled Anambra state of siphoning a whooping ₦4 billion into company of his friends and 14 years after not a single litre of oil to show for the looting.

Google how much Tinubu invested in Airtel n what the return his minus all the pension you talked about to know you should take you father to Tinubu immediately to beg for forgiveness.

Oya na since tinubu is not a criminal shey na him dey rule so what else do u want abi Ur brain is still telling u we are doing election

mrvitalis:

Lol but it's private company abi or not

Guy rest, Lagos does ppp also.
Lagos and Tinubu are capitalist minded.
Reason why Lagosians pay heavy tax, most business are public private partnership and that's what Tinubu is doing to Nigeria that people are complaining

tollyboy5:

Guy rest, Lagos does ppp also.
Lagos and Tinubu are capitalist minded.
Reason why Lagosians pay heavy tax, most business are public private partnership and that's what Tinubu is doing to Nigeria that people are complaining

Taxing is socialism na oga

In capitalism cooperation don't really pay tax as long as they reinvest the capital creating more jobs

Over taxation is the first sign of socially for even wealth distribution

mrvitalis:
Abia state have absolutely no business building a modular refinery honestly... This is a complete waste of money, the refinery can't mathematically breakeven not to talk about making profit

Expand the Aba gas pipeline network to the eyimba economic city, expand same to uturu, umuahia, Ohafia and arochukwu

Dredge the artificial Aba river expand it to umuahia providing alternative travel route for the people

And cheaper means to transport goods to umuahia and port Harcourt

Open up more specific industal layout with gas pipeline and good road infrastructure


Please stop this AWOLOWO like feel good project... Igbos are capitalists we don't do that rubbish

If we need our refinery provide loans for our brothers to build one

Government have no business in business

You want the governor to dredge Aba river(stream) to Umuahia na wao.
About the refinery,allow the investors to decide if it is viable or not.

kettykin:
Not much details as per location, capacity, cost etc but all the same it is a cheering news

Location is Ukwa West,Abia south.

NextUK:
2025 you go hear am cos I know for a fact this is a lie to fool obidient even more

Anambra with his Orient Petroleum commissioned 14 years ago after Peter Pandora. Obi invested billion of Anambra fund is yet to produce a single litre of fuel yet Dangote that was commissioned less than 6 month as already started production.

That Orient Petroleum is not working does not mean Abia refinery will meet same fate.Take your negativity to your state.

mrvitalis:

Taxing is socialism na oga

In capitalism cooperation don't really pay tax as long as they reinvest the capital creating more jobs

Over taxation is the first sign of socially for even wealth distribution

Which kin olodo bedis
Name one capitalist country where citizen don't pay tax.
Guy I go shoot you o!

paramakina202:


You want the governor to dredge Aba river(stream) to Umuahia na wao.
About the refinery,allow the investors to decide if it is viable or not.

That stream is a man made river made to ferry container from port Harcourt port to aba and Umuahia

Now it's even easier to ferry from onne

tollyboy5:

Which kin olodo bedis
Name one capitalist country where citizen don't pay tax.
Guy I go shoot you o!

Lol in capitalism u incentives your business men to invest more of their profit back into the business to escape tax

Or borrow more money to invest

This is high level economics

https://www.instagram.com/p/C2MTXZIiJ9Z/?igsh=ZzVlbW1icTU1MmF6

Learn

mrvitalis:

That stream is a man made river made to ferry container from port Harcourt port to aba and Umuahia

Now it's even easier to ferry from onne

Does the stream even reach Umuahia,I doubt it.That stream can not even ferry ugbo epepe talkless of container,I hope you know what I mean?
That stream almost dries up every dry season.

paramakina202:


Does the stream even reach Umuahia,I doubt it.That stream can not even ferry ugbo epepe talkless of container,I hope you know what I mean?
That stream almost dries up every dry season.

It has been over grown with weed which is why I said dredge it

mrvitalis:

It has been over grown with weed which is why I said dredge it

Brother talk about dredging Imo river and Azumini blue river Ndoki(which our governor promised to dredge) the two rivers empties into the sea.
Nothing to dredge at Aba river.

As e be Obidients state dem no go bash the government. See better better comments full the thread

Okoroawusa:
As e be Obidients state dem no go bash the government. See better better comments full the thread

Why we go come bash good thing abi na winch full Nigeria?
We pray for government to succeed whenever they make a good policy.

paramakina202:


Brother talk about dredging Imo river and Azumini blue river Ndoki(which our governor promised to dredge) the two rivers empties into the sea.
Nothing to dredge at Aba river.

Aba rivers empties into imo river na, it's like extending imo river Road aba

mrvitalis:

Aba rivers empties into imo river na, it's like extending imo river Road aba

Okay noted.

mrvitalis:

Lol in capitalism u incentives your business men to invest more of their profit back into the business to escape tax

Or borrow more money to invest

This is high level economics

https://www.instagram.com/p/C2MTXZIiJ9Z/?igsh=ZzVlbW1icTU1MmF6

Learn

Guy answer simple questing and stop beating round the bush with your aba made ecomics.

Name capitalist country that citizen don't pay tax.

mrvitalis:

Create jobs? In a none viable project?

What makes you think a Modular refinery in Abia is not viable?

Again what Abia is building is an energy hub, officially called Energy Transition Hub. It'll house the refinery and CNG and LNG plants at the Abia Industrial Innovation Park (AIIP). But the refinery will be the first major project.

The AIM of the energy hub is to secure a sustainable energy future for the state. As you probably know, Aba is no longer on the national grid. The city generate, transmits and distributes her electricity. So, it's no longer a victim of the incessant national grid collapse.

Now, Aba Power is working to achieve 24/7 power supply to the city and this energy hub is critical to it. At the moment, it's struggling with steady electricity supply because the state depends on NNPC for gas and we know how we beg to get them.

So, mrvitalis, we know what we are doing in Abia.

Without this energy hub, we will be unable to power the Enyimba Economic City and our Aba Power.

We know what we are doing. We don't want to depend on FG for any of our energy needs again.

AKWATGOLD1:
Why Nigeria is on retrogression like this?
Countries are talking of Ecofriendly energy (Green Energy), my country is dipping itself to fossil fuel energy. Edo Modular Refinery, Imo State Modular Refinery next is Abia State Modular Refinery.

I think on the flip side countries develop at their own rate and from a security point of view it makes sense we still to energy sources in line with our comparative advantages. I don't see a strategic advantage that comes from green energy besides a shift that puts us at the mercy of other countries and their systems as well.

mrvitalis:

Taxing is socialism na oga

In capitalism cooperation don't really pay tax as long as they reinvest the capital creating more jobs

Over taxation is the first sign of socially for even wealth distribution

Taxing has nothing to do with socialism or capitalism.

It's a fiscal policy instrument used by both socialist, capitalist and mixed economies to achieve economic stabilisation.

paramakina202:


Why we go come bash good thing abi na winch full Nigeria?
We pray for government to succeed whenever they make a good policy.

Akuko mama Ngozi na ndi yard. Na person wey no know una you go dey tell that one

Okoroawusa:

Akuko mama Ngozi na ndi yard. Na person wey no know una you go dey tell that one

Okoroawusa who be una?
I no be winch o I like better something.

tollyboy5:

Guy answer simple questing and stop beating round the bush with your aba made ecomics.

Name capitalist country that citizen don't pay tax.

I didn't say capitalism don't pay tax but citizens have incentives not to pay tax by investing more

mrvitalis:

Taxing is socialism na oga

In capitalism cooperation don't really pay tax as long as they reinvest the capital creating more jobs

Over taxation is the first sign of socially for even wealth distribution

Bro you don't know what capitalism and socialism is, stop trying to force yourself to talk like white people lol. Stop wasting your time with that nonsense and focus on real life bro.

Ofodirinwa:



Bro you don't know what capitalism and socialism is, stop trying to force yourself to talk like white people lol. Stop wasting your time with that nonsense and focus on real life bro.

Bros if you don't understand what I'm saying say so

Socialism , you tax people over Tax them there is no incentives to invest

Capitalism you tax but there is incentives to not pay tax by investing more of your profit back into your business ... This create more jobs and increase GDP

Maybe this is too complicated for you... I have shown you video explaining it

mrvitalis:

Bros if you don't understand what I'm saying say so

Socialism , you tax people over Tax them there is no incentives to invest

Capitalism you tax but there is incentives to not pay tax by investing more of your profit back into your business ... This create more jobs and increase GDP

Maybe this is too complicated for you... I have shown you video explaining it

I understand what you're saying. I don't know if you understand it either, but one day you will realize it's stupid. Stop listening to dumb ass white people you don't understand them. Don't lose focus on real life. When white ppl say socialism they mean your black ass. You can't come close to understanding because you don't know who you're listening to but you're listening regardless. so I'm letting you know early and you can take it or leave it.

wtf is incentive to invest? lol. If you died today your family will collectively raise money to bury you. I'm in a country where nobody will go to your funeral because they have work in the morning. Stop listening to these ppl you're wasting your time.

Ofodirinwa:


I understand what you're saying. I don't know if you understand it either, but one day you will realize it's stupid. Stop listening to dumb ass white people you don't understand them. Don't lose focus on real life. When white ppl say socialism they mean your black ass. You can't come close to understanding because you don't know who you're listening to but you're listening regardless. so I'm letting you know early and you can take it or leave it.

wtf is incentive to invest? lol. If you died today your family will collectively raise money to bury you. I'm in a country where nobody will go to your funeral because they have work in the morning. Stop listening to these ppl you're wasting your time.

Socialism is not good for a developing nation

Develop with capitalism the transition to social capitalism