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Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi - Politics (5) - Nairaland

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Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by comodo: 4:22pm On Feb 03
ogododo:


https://www.farooqkperogi.com/2024/02/tinubu-nigeria-is-sinking-and-streets.html
Neither Obi nor Atiku is the president. So why are they in the equation. Focus on the man that is on the seat. I will do this is entirely different from I have done this. So from your analysis. Tinubu doesn't have any template. He is only using other peoples plans. Tinubu saw day one and acted on it immediately.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by iyke2frankeze: 4:30pm On Feb 03
jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.
Did Obi promise to be running away to France?
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Christian36: 4:30pm On Feb 03
RepoMan007:

The wailing losers have forgotten this. They assume any negative trend can always be used to promote their candidate at the expense of whoever is there now.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by able20(m): 4:33pm On Feb 03
APC chieftains and Youth Groups claim that Nigerians should not blame the sick Bola Tinubu, they should blame Peter Obi and all Nigerians.
They should have helped Tinubu to succeed since they know that Bola Ahmed is sick.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IfnobeGod20: 4:42pm On Feb 03
nairalanda1:



Erm, sorry, but that is not how subsidy works.

Basically, before we imported crude, petrol was sold below the cost of production, and what was paid to NNPC to cover the resulting loss was the subsidy

Then when the ineviatble happened and our refineries crashed, we started having our crude refined abroad at low cost refineries. The petrol was brought in at a price called the landing cost. NNPC and (until 2016) other importers sold that fuel below market price to depots, who sold it at a set price above what they bought it from to the market/independent marketers..

The loss NNPC and other importers paid was covered by.....subsidy payments. Government stopped paying importers in 2016/17, and made NNPC sole importer.

Your definition is not correct.
Now, if my definition is not correct. What causes exponential hike in the price of refined oil that made government subsidising it?
If the crude oil is refined locally, are we not going to be removing the cost of lifting the crude oil and the landing cost and this will substantially reduced the burden on government. Let me give this analogy below:
Let us even say the lifting cost and landing cost is ₦100.
If the sales benchmark is ₦700. Removing the lifting cost and the landing cost, we have ₦600.
Now if the government subsidise ₦100. Meaning the citizen will be buying the fuel at ₦500.
Note no consideration on the sharp practice within the chain of production, lifting and landing, which I know as Nigerian, they would surely add their own. There is no way there won't be price difference, if the crude oil is refined locally and this will help but the government and the citizens.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IfnobeGod20: 4:46pm On Feb 03
Fiscus105:



Ur definition of subsidy is wrong .

Subsidy = Actual cost - Amount sold it for citizens.
Now, if my definition is not correct. What causes exponential hike in the price of refined oil that made government subsidising it?
If the crude oil is refined locally, are we not going to be removing the cost of lifting the crude oil and the landing cost and this will substantially reduced the burden on government. Let me give this analogy below:
Let us even say the lifting cost and landing cost is ₦100.
If the sales benchmark is ₦700. Removing the lifting cost and the landing cost, we have ₦600.
Now if the government subsidise ₦100. Meaning the citizen will be buying the fuel at ₦500.
Note no consideration on the sharp practice within the chain of production, lifting and landing, which I know as Nigerian, they would surely add their own. There is no way there won't be price difference, if the crude oil is refined locally and this will help but the government and the citizens.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Nchenches: 4:49pm On Feb 03
If the unchecked inflation in Nigeria happens in any European country, citizens would have torn the country apart if the apex political leadership of the country refused to resign. But here in Nigeria, ethnic and religious loyalty will never allow any public uprising.

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Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Exceed15: 4:50pm On Feb 03
I blame the foolish supporters out there and on NL whom he brainwashed to achieve his emilokan. Watch as they rush attack me . Shiooor.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IbeOkehie: 4:50pm On Feb 03
Agboriotejoye:

So has US stopped agric subsidy?
Has UK stopped housing subsidy?
China pays heavy subsidies in its energy and agric sectors too and anyone with knowledge of Chinese economy knows it's anything but free.

I addressed this in a subtle manner. On what makes nations prosperous, I wrote:

It's FREE MARKETS, the freer a nation's markets, the more prosperous it becomes.

The USA subsidizes a lot of things and those subsidies SUBTRACT from economic prosperity and more importantly, development.

The USA however doesn't subsidize MOST of its economy and those unsubsidized areas CONTRIBUTE most to economic prosperity.

Mathematically,

UNSUBSIDIZED - SUBSIDIZED = PROSPERITY.

When SUBSIDIZED is higher than UNSUBSIDIZED, PROSPERITY becomes negative.

In the 1950s up to the 1970's China was a COMPLETELY 100% SUBSIDIZED and price controlled economy. In that period they suffered FAMINES, people were literally dying in the streets, just would walk out and die in front of their homes from lack of food.

In 1978 Chinese ruler Deng Xiapong introduced the limited market reforms. Those small, limited reforms are what made China into the prosperous economy of today.

Right now before our eyes, China is running into serious economic problems. Go read the news. WHY IS THIS HAPPENING? The SUBSIDIZED parts of the economy is now eating into and damaging the prosperity achieved by the UNSUBSIDIZED parts. In addition the current leader Xi Jinping or whatever is reversing a lot of those limited reforms from 1978.

Before 1986 Nigeria was a completely government controlled economy. Then IBB introduced limited free market reforms called SAP. After a hiatus under Abacha, the PDP continued to gradually implement SAP. And they achieved sustained economic growth AND development for many years.

Those SAP policies are THE ONLY REASON Nigeria has a functioning economy today.

In Jan 2012 the Nigerian people rebeled against those SAP reforms. Since I'm good at analyzing economic policy, I abandoned Nigeria at that time and moved back to the USA and PREDICTED that economic disaster was coming.

Nigerians elected APC and the Buhari-Tinubu Alliance in 2015. The new government reversed some SAP reforms. For instance, Buhari restored the NNPC monopoly over all fuels in Nigeria AND imposed strong subsidies and regulated pricing for the naira in the forex market. The economic depression in Nigeria is a result of those policies.

Right now in the USA, our country is undergoing economic UNDERDEVELOPMENT due to the spreading popularity of socialist policies championed by the Democrat Party which has many of the same policies as the APC of Nigeria.

If you're still in doubt go look up what Margaret Thatcher did for the UK in the 1980's

Macroeconomic policy matters. Subsidies are evil and the WORST kind of subsidy is FOREX subsidy and price controls.

Good Luck to Nigeria.

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Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by bluefilm: 4:51pm On Feb 03
They thought it was simply a game Grab it and run away with it...

But they didn't consider what to do with it afterwards

Now, they are all confused as the reality begins to dawn on them
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IbeOkehie: 4:58pm On Feb 03
Nchenches:
If the unchecked inflation in Nigeria happens in any European country, citizens would have torn the country apart if the apex political leadership of the country refused to resign. But here in Nigeria, ethnic and religious loyalty will never allow any public uprising.

European countries tend to be tribally or religiously homogeneous or at least have a DOMINANT group. For example, the UK has 4 tribes but the English are 85% of the population. So generally what the English want is what will happen. Brexit was an English vote.

Nigeria has had no decisively dominant group... the Muslims are gradually getting there by building a RELIGIOUS dominance.

Because of the nascent Islamic dominance, there can be no resistance. What the Muslims want is what will happen. If a General Election is held again today, Tinubu will still win, at least APC will definitely win.

There will be no protests because ALL Nigerians like their country just the way it is.

Good Luck to Nigeria.

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Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by nairalanda1(m): 5:04pm On Feb 03
IfnobeGod20:

Now, if my definition is not correct. What causes exponential hike in the price of refined oil that made government subsidising it?

The international oil price naturally. That was the reason why we had a subsidy brought in in the 1970's.

f the crude oil is refined locally, are we not going to be removing the cost of lifting the crude oil and the landing cost and this will substantially reduced the burden on government.

Actually, we won't be removing cost of lifitng crude oil....Dangote still has to pay the people that sell him the crude at international crude prices, and that includes lifting of crude costs.

The subsidy burden comes when cost of lifiting crude rises due to rising international oil prices, which by extension causes a rise in production cost of petrol, thus government is forced to pay higher subsidy costs
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Brushstrokes20: 5:07pm On Feb 03
# WORDS ON MARBLE!💯💯💯🙌🙌🙌🙌
# eBOLA on rampage
The shyyythole from fry pan to fire 🔥🔥🔥🔥🔥

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Fiscus105(m): 5:16pm On Feb 03
IfnobeGod20:

Now, if my definition is not correct. What causes exponential hike in the price of refined oil that made government subsidising it?
If the crude oil is refined locally, are we not going to be removing the cost of lifting the crude oil and the landing cost and this will substantially reduced the burden on government. Let me give this analogy below:
Let us even say the lifting cost and landing cost is ₦100.
If the sales benchmark is ₦700. Removing the lifting cost and the landing cost, we have ₦600.
Now if the government subsidise ₦100. Meaning the citizen will be buying the fuel at ₦500.
Note no consideration on the sharp practice within the chain of production, lifting and landing, which I know as Nigerian, they would surely add their own. There is no way there won't be price difference, if the crude oil is refined locally and this will help but the government and the citizens.


First of all, admit u don't understand the word subsidy.

2. Did u know the meaning of SUBSTANTIALLY?

"If just 💯 removed", is not substantially, again is not what they called subsidy removal.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by RealEmilokan: 5:16pm On Feb 03
jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.

Like Kperogi, like Reno! Always trying to make sense and portray themselves as those who understand the plight of the people; but in the end, it's all a paid editorial to subtly pass on an excuse in defense of their master.

Gullible Ronus will definitely feast on this.

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IbeOkehie: 5:18pm On Feb 03
nairalanda1:


The international oil price naturally. That was the reason why we had a subsidy brought in in the 1970's.

Actually, we won't be removing cost of lifitng crude oil....Dangote still has to pay the people that sell him the crude at international crude prices, and that includes lifting of crude costs.

The subsidy burden comes when cost of lifiting crude rises due to rising international oil prices, which by extension causes a rise in production cost of petrol, thus government is forced to pay higher subsidy costs

Most Nigerians don't understand all this and don't care to look at the issue carefully and logically. And those that do understand allow GREED for free goodies to override their common sense. Discussing anything with them is like punching a brick wall.

This is why I believe Nigeria is likely going to get worse. The LEADERS or rulers in a democracy ultimately respond to their people. Most Nigerians BELIEVE they're entitled to live at a high standard without paying for it. Basically an extremely communist mindset and you can even see it at play in their extended family system...which may be the origin of it all.

Good Luck to Nigeria.

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Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by orisa37: 5:19pm On Feb 03
TODAY IS 03/02/24, I AM ALIVE BUT I HAVE NOT RECEIVED MY JANUARY 24 PENSION ALLOWANCE. MY DOB IS 19/05/37.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IbeOkehie: 5:26pm On Feb 03
orisa37:
TODAY IS 03/02/24, I AM ALIVE BUT I HAVE NOT RECEIVED MY JANUARY 24 PENSION ALLOWANCE. MY DOB IS 19/05/37.

Forget your pension. The money was used to pay for fuel subsidy.

Sorry.

Good Luck to Nigerians.

1 Like 1 Share

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by SWATMan: 5:38pm On Feb 03
jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.

You get time for that chap. I stopped following him when i discovered he was biased in his write up prior to the Feb elections.

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Alphanancy: 5:45pm On Feb 03
Mentioning Peter Obi is the only source of orgasm for some of these imps. Just pity them.

jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by vicfajeze: 5:52pm On Feb 03
RepoMan007:

The wailing losers have forgotten this. They assume any negative trend can always be used to promote their candidate at the expense of whoever is there now.
God will bless you
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by AmuRubber(m): 5:54pm On Feb 03
jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by dangoteinlaw: 5:57pm On Feb 03
kellyzaf:


So you are so sure that Atiku or Obi would hv remove the fuel subsidy on their first day in office without any form of reviews. Make we dey tell ourselves the truth abeg. I am not against Tinubu if any reason but to be honest, if Tinubu truly mean well for his renewed hope agenda, he wouldn't have choose those old fools as his ministers. The day he announced his ministers, I told my guys that Tinubu have missed it again. I rest my case. God bless Nigeria.
tinubu himself is the failure not ministers because beta edu was a youth and still embezzled funds in less than 6months.

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by IfnobeGod20: 6:13pm On Feb 03
Fiscus105:



First of all, admit u don't understand the word subsidy.

2. Did u know the meaning of SUBSTANTIALLY?

"If just 💯 removed", is not substantially, again is not what they called subsidy removal.
this is the problem I have with hailer of government. I just gave an analogy and not an accurate reality but you still went haywire. I thought this forum is an interactive one. If ₦200 is removed from ₦700, as that not substantially reduced it? Please stop dwelling in frivolity and face the reality.

I put it to you, the way you view your own subsidy will surely differ from how others view theirs. Instead of you to dwell on the substance, you hooked to the abstract.
Now, would there be lifting cost and landing cost if crude is refined locally?
Why is it difficult for successive governments to revamp our moribund refineries, if not they are gaining from it?
No matter how you wish to support the government, it won't exonerate them from their failures, which is visible everywhere. It's a known fact that oil drives our economy, any spiral increase in the price of oil, affect virtually everything. How would a normal human being think removal of subsidy won't affect all goods and services, it goes beyond my imagination. Please stop feigned ignorance of the issue and stop dwelling in abstract.

Below is the meaning of substantial. Any other thing?

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by kanupapilo: 6:17pm On Feb 03
unclejb2:
Baba druggie no send anybody. He is only interested in capturing the resources of the country for himself and his cronies.

Our Emilokan e go favour me and family don dey hear nwiii. This is just the beginning. We still have 3 years and 4 months of hunger starvation and deprivation to go.

Nigerians were warned about the former Chicago gangster.

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by JagabanB: 6:41pm On Feb 03
Agboriotejoye:

Obviously!!
Even I knew that subsidy removal will lead to structural issues in our economy. Or were you part of the zombie bandwagon who thought removing subsidy was a good idea?
It's easy to spot all the probIems when u are sitting in pew, when u are brought on stage, that's when u will realize u dón't know anything.
If u feel like a genius knowing that subsidy removal was going to generate probIems, then it clearly shows how dû......mb u are.
The poIiticîàñs saying they were going to remove all taIked about the issues it was going to cause, the àvèragè secondary school kid who knows what "subsidy" means knew it was going to come down hard on the people, so if u knowing makes u feel like a genius, then I see where u beIong.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Pootle: 6:57pm On Feb 03
CharleyBright:
Where is Tinubu?
Tinubu has wrecked the country and he is chilling outside the country and telling Nigerians he is on a private visit. What manner of irresponsibility is that?
Was he elected to take private visits at public expense
Nigerians will never ever learn. They will do same mistakes over and over again simply because they are so engrossed in playing sentimental and crude ethnic Politics in electing their leaders.
They didn't learn from the mistake of electing Buhari, they haven't still learnt from electing Tinubu. Too old grumpy men who should be in retirement homes.
Just as the Hausa/ Fulani northern folks defended Buhari for all his clueless incompetence and bad policies, the Yorubas of the south-west are all out to defend Bola Tinubu with their blood. Same way the Ibos of the South-East would have defended Peter Obi if he was President.
Even if Tinubu's policies sink Nigeria to the deepest gallows, his people will still defend him (though in a more reasonable manner than their northern counter part).
The way things are in the country presently, na Sidon look be my own. Las last, we all will be served.



who told you your vote was counted, maybe in the ward you voted. note dude since 1999 they have been selecting and not electing. citizens dont know its a war between the higher class and the lower class, its a strategy to weaken and make the middle and lower class powerless so they can continue with their looting. only solution to the problem is revolt and complete pause of all political activities and a proper referendum carried out by UN on whether to split the country in 3part or remain as one with a completely different constitution

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Mrexcell(m): 7:20pm On Feb 03
jom28gy:
I believe you posted this fronting tribal sentiment first before judging? Obi would have done it differently,as his brainchild initiative,than tinubu who heard, does not know what to do,


The empty drug lord just copied obi's ideas foolishly.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Mrexcell(m): 7:22pm On Feb 03
jom28gy:
I believe you posted this fronting tribal sentiment first before judging? Obi would have done it differently,as his brainchild initiative,than tinubu who heard, does not know what to do,


The empty drug lord just copied obi's ideas foolishly he is only good in state capture nothing else.
Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Goodoldays(m): 7:54pm On Feb 03
jmoore:
I find it ridiculous when some folks keep repeating 'Obi also said he will remove subsidy and float the forex'.

There is a difference between words and actions. One might change plans when faced with the negative impacts that may occur.

It is ridiculous to cherrypick the one that suits you. Why didn't Kperogi say anything about how Obi promised to fight insecurity if elected? Tinubu, Obi and Atiku promised to fight insecurity. Why is Tinubu not implementing the fight? Terrorists are doing promo. Kperogi should channel his criticism only on the one elected.



Kperogi is a lowkey Tinubu supporter

If dem talk finish without mentioning Obi,dey no go rest

1 Like

Re: Tinubu, Nigeria Is Sinking And Streets Are Full Of Tears- Kperogi by Growing(m): 8:16pm On Feb 03
This country is sinking.

1 Like

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