Nairaland General › Re: Hi. Nairalanders, Tell Us What You Do For A Living. by Adeoye11(m): 7:31am On Jun 15, 2023 |
Please patronize me for you drones, machine fabrication, cheap and good website development, data entry. My work is top notch. |
Programming › Re: Dr Akorede Kamil Teaches Coding On The Streets Of Ilorin by Adeoye11(m): 11:50am On Jun 12, 2023 |
Abeg how can I meet the man? |
Nairaland General › Re: Hi. Nairalanders, Tell Us What You Do For A Living. by Adeoye11(m): 12:01pm On Jun 10, 2023 |
Do you mean how much do I sell drones? And the data entry job is through online platforms like linkdin |
Jobs/Vacancies › Re: Hiring Teachers For A Virtual School. by Adeoye11(m): 9:24am On Jun 08, 2023 |
Ok but can't we apply as part time |
Nairaland General › Re: Hi. Nairalanders, Tell Us What You Do For A Living. by Adeoye11(m): 5:28pm On Jun 06, 2023 |
designbabe: Are you an engineer? Am a physicist turned Engineer |
Nairaland General › Re: Hi. Nairalanders, Tell Us What You Do For A Living. by Adeoye11(m): 5:27pm On Jun 06, 2023 |
Dave444: Can you teach someone this skill It's only data entry that can be taught sir Others are more of importing business and for the fabrication I model them, my OGA bring it to realization. |
Nairaland General › Re: Hi. Nairalanders, Tell Us What You Do For A Living. by Adeoye11(m): 6:58am On Jun 05, 2023 |
I sell any kind of drone(spying drones, noiseless drones, videography drones), I also fabricate and build all kinds of machines and finally I work as a data entry analyst. |
Romance › Re: How To Know The True Nature Of Your Wife. by Adeoye11(m): 9:58pm On Jun 02, 2023 |
So it is after marriage I should be doing test and trial right? Abeg park well I have many things to think about Why give yam to a goat that will definitely eat it? |
Romance › Re: Where Can I Learn Graphics Design Or Online Marketing In Ibadan by Adeoye11(m): 4:57pm On May 31, 2023 |
Contact me, make I direct you. Number in siggy |
Jobs/Vacancies › Re: Expert Mathematician Needed Urgently! by Adeoye11(m): 7:29am On May 29, 2023 |
Classworked: We are in need of a mathematics expert for a Master's degree project. Ok how can I contact you? Sero eight sero six fve one fve nine four sero four |
Jobs/Vacancies › Re: Vacant Post For A Manager At Bet9ja Shop In Apapa (URGENT) by Adeoye11(m): 8:34am On May 26, 2023 |
Is dea accomodation? |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 12:31pm On May 19, 2023 |
We are still expecting oo no mail here o |
Education › Re: Waec Expo Group Chat Drop Your Watsapp Number To Be Added by Adeoye11(m): 8:57am On May 17, 2023 |
Sero eight sero sox fve 1 5 nine four sero four |
Graphics/Video Market › Re: How Does The Laser Engraver Achieve 2D Image Engraving by Adeoye11(m): 8:45pm On May 14, 2023 |
I have this machine for sale. |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 3:28pm On May 14, 2023 |
Anieheart: no news yet oi Same here no news yet |
Jobs/Vacancies › Re: Audio Transcribers Needed Urgently by Adeoye11(m): 10:46am On May 08, 2023 |
Dero eight sero six fve one 5 nine for sero four I'm available |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 8:32am On May 03, 2023 |
Ok ! Let us know when their is another update. |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 6:18am On May 03, 2023 |
Kinah25: I did but not for the GMT It’s for the supply technicial trainee program Did you receive any update from the supply management trainee? |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 6:17am On May 03, 2023 |
Anieheart: I filled the gOOgle form but have not received any message from them yet. Ok same here, let's hope for the best. |
Jobs/Vacancies › Re: AB Inbev Global Management Trainee 2022 by Adeoye11(m): 12:49pm On May 01, 2023 |
There is a new offer by the company fr global graduate trainee , but I dunno if they have started receiving mails for test? Anyone here who filled the Google form questions? |
Business › Re: I Need A Printer For My Betting Shop by Adeoye11(m): 10:38am On May 01, 2023 |
I have sent you a message. Ai generated message of nairaland |
Investment › Re: New Investement Project Online Currently by Adeoye11(m): 9:56am On May 01, 2023 |
Can you show us withdrawal proof? |
Investment › Re: Stock Broker In Abeokuta by Adeoye11(m): 9:42am On May 01, 2023 |
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Romance › Re: How Do I Solve This Problem by Adeoye11(m): 7:11pm On Apr 27, 2023 |
Chat me up |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Adeoye11(m): 9:17am On Apr 21, 2023 |
OBAGADAFFI: Yes .
MTN has paid token for we that invested little, but so far i love the way MTN own is going. |
Politics › Re: Why Are Nigerians Not Talking About This? by Adeoye11(m): 7:12pm On Apr 20, 2023 |
I ask myself was there even a subsidy in Nigeria at all? |
Politics › Re: Why Are Nigerians Not Talking About This? by Adeoye11(m): 7:09pm On Apr 20, 2023 |
nairalanda1: Because if we keep the subsidy, we would see a rise in debt beyond what Buhari has incurred
Subsidy, roughly speaking, is what is paid to the petroleum sector as compensation for selling below the production cost of petrol.
The problem with subsidy is that government does not control the production cost of petrol. So, when it rises, the cost of subsidy rises, which means that we have to pay an increasing amount of money to cover the increasing loss from the increasing difference between the government set price and the production cost. This eats into the budget, and as a result, government has to take loans to cover the difference.
When the difference gets too much, in the past, government usually reduces subsidy cost by raising fuel prices a bit. As an example, in 2012, fuel was costing N65, landing cost was N99. Government raised prices to N97, meaning subsidy costs went down to N2 per liter from N34 per liter. (The above has been happening since the year 1973, which is why fuel is no longer costing 15 KOBO as it did in 1981!)
At the moment, we have too much debt, not only from covering subsides, but also from low oil prices from 2014-2021, which since oil is our main income source, means we have to take loans.
Throw in the fact that in all our neighbours, fuel is above N300 per liter. And people who are poor to people who are rich make lots of money smuggling fuel over the border. That worsens our subsidy costs. And yes, they should be stopped...the problem is, it isn't just the big takers doing the smuggling, it is also small guys with 50 l jerrycans carrying fuel over the border. Unless we want to build a fence, and staff it with one million armed border force people....
Note that OP, you are right about the negatives of subsidy removal. But the issue is...do we keep on throwing millions of naira daily to keep fuel subsided, and take loans and more loans, or do we remove subsidy, and save more money, and hopefully attract more investment, money and jobs to our petrol sector?
Keep in mind that subsidy is also why we cannot build and maintain refineries. And why refinereis get sabotaged. Ideally, a refinery should make a profit, and use that profit to run itself. Subsidy means that the refineries not only do not run at a profit, but whether they work or not, they get free money from government. And naturally, unscrupulous agents would damage the refineries to keep getting free money.
We are between the devil and deep blue sea. The thing is, subsidy removal could , if done right, lead to a period of prosperity after a period of hardship.
I know Nigerians do not like it. But at the end, if we had taken the subsidy removal road in 1993, by now we could have been a major exporter of high quality fuel to Africa and the world, and NNPC woulda had more than 4 refineries, and there would have been lots of private refineries.
Price controls do not work. Ask the USSR. What are you saying sir? This is just a simple mathematics. Let them print to he publicdetails dated back to 10years of how much they have spent on subsidy for both landing and procuring, let us reduce cost of governance to the bearest minimum and use the proceed to fund repair of our existing refineries or adopt a good method of refurbishing local refineries in the creeks. Lastly let authotities tell us how many consumption of petrol we are making locally. I definitely know that petrol is not disappearing to our Gens and cans so petrol stations and NNPCL should have a record of petrol going out and coming in. Regards. Think about all this no con they tell us all sort of grammar when you definitely know the poverty in Nigeria is inflicted by politicians. |
Career › Re: Search For Good ICAN Lecture Centre Around Yaba And Environs by Adeoye11(m): 8:46am On Apr 19, 2023 |
Can you do virtual class? |
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Science/Technology › Re: App That Can Convert Pics To Word by Adeoye11(op): 10:37am On Apr 17, 2023 |
TinubuShet: Use google lens Google lens I saw on playstore isn't working on my phone. Any other option?? |