₦airaland Forum

Anieheart:
no news yet oi

Same here no news yet

Dero eight sero six fve one 5 nine for sero four
I'm available

Ok !
Let us know when their is another update.

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?

Anieheart:
I filled the gOOgle form but have not received any message from them yet.

Ok same here, let's hope for the best.

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?

I have sent you a message.
Ai generated message of nairaland

Can you show us withdrawal proof?

Vanderandrew:
Stocks and shares

Chat me up, check siggy

Chat me up

OBAGADAFFI:
Yes .

MTN has paid

token for we that invested little, but so far i love the way MTN own is going.

I ask myself was there even a subsidy in Nigeria at all?

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.

Can you do virtual class?

TinubuShet:
Use google lens

Google lens I saw on playstore isn't working on my phone.
Any other option??

Westerhoffe:
OK… if I'll get you clear; you want to convert the texts to .pdf file?

Exactly

Westerhoffe:
Or you mean, an app that can scan words on a picture and conver them to texts?

Hmm not really.
I have this text on my phone taken via my phone camera, so I wish to convert this text to word file without having to type the words I snapped.

Hello, please I need app that can convert snapped pics to word file.
Anyone kindly that can help out?

Hy!
Kindly check your mail.
Regards

Bro relax ,
bank is good for now tell me?
I have been trying gt Ussd for past seven days but to no avail.

for Nigeria domain flipping i heard of travad although dunno how legit they are sha.

Ok for Ib I dey for you.
Check siggy fr contact

And how many results have you seen in the south west?

Poor in mind you mean?

Ok thanks

Good morning, please like my subject reads,
i need guide on how I can download a free version of adobe light room.

Oh ok thanks .
God bless you

wink2015:
If my wife or girlfriend compare me to others in terms of financial achievement, wealth acquired etc I feel very upset.

I can not stand words likes.

SEE WHAT YOUR MATES HAVE ACHIEVED.

These kinds of words hurt many men and I have discovered that women are fond of using it when they are angry towards their spouse or boyfriend.

This made me ran as hypersonic from a girl that calls almost every man for money.