₦airaland Forum

source: the nation website

Fuel Voucher supported! Reason? Not every body wld be affected by the reinvestment program. nigerians have the best brains in the world. But come to think of it. how many citizens does nigeria hav? no national ID. U think some crazy pple wont collect the fuel voucher for their cattle?

what culd hav been responsible for sharp pull up of eurusd?

will a sovereign national conference make sense now?

subsidy removal is d best thing dat happenned 2 nigerian economy ds year. Lets not kill!

FMofINigeria
FMINigeria FMofINigeria
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@lightdworld Govt is presently building 10 new power plants and some will be commissioned this year. Subsidy accruals will also go in2 power
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@LaBaratine The 1, 600 buses is the first batch. It is continuous.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Wiliamthe13th It will not expand the sector. N65 is an artificial price fixed by the govt. #FuelSubsidy
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@SapphireChic To be sincere, we do not have full details of his death. Nobody wants to lose a child. I feel the pain of his family.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@ositaIBEKWE Thank you, I will. #FuelSubsidy
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@SapphireChic Govt. is saddened by the loss of Muyideen's life. We commiserate with his family and Ilorin as a whole. It is loss to Nig.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@richaluma We have put in some measures. The Board to implement the palliative measures is already in place.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@wolefizzy That is part of why we are having this tweet meet.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@tweetbraille Govt manning corporate infrastructure has not been successful all over the world that is why we are relinquishing control
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@ologun01 @emvince03 Govt. control has been the reason. Govt. control killed NITEL, Nig. Airways etc.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@CMoses_Jrnalist We know at the initial stage there will be a bit of difficulty. We are children of the poor too.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@johnNyior In Nigeria, we have cut our allowances and are adopting more measures to bring down the cost of governance.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@emvince03 The timing is not wrong. At whatever time it is done, it might still be misunderstood.The economy is going down.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@nonye85 @richaluma That is why we are interacting here now. The Govt has been engaging in various consultations just to educate Nigerians
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@femochi1 There has been gradual increment over the years but Govt still kept control. We need to free the market once and for all.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@richaluma Because most people still do not have proper education. This is a dialogue.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Whisperingice That is why we are doing it now. We need to move Nigeria forward.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@flexydaisy They are reporting them. We urging Nigerians to understand that this is a policy for us all. This is meant to help.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Lo_Journ It is the poor and unemployed, because subsidy is mostly enjoyed by the middle and upper class. #FuelSubsidy
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@ewomaE Yes it true.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@popularjingo Once you deregulate diesel without freeing the market private people cannot come in to set-up. This will earn more value.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@iPsalm It is fixed by The Revenue Mobilisation and Fiscal Commission.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
In 54 yrs as a nation in Africa, we have been exporting without adding value to it.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@fk149 In the downstream sector is it not a shame that since 1958 Nigeria started exporting crude oil.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
We have deregulated broadcasting in Nigeria and you can see that the private stations employ thousands of Nigerians.
9 hours ago Favorite Retweet Reply
FMofINigeria
FMINigeria FMofINigeria
@Segun_ Don't forget that the deregulation of the airline sector has helped. You can see that private airlines in the country are doing well
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@hafos Don't forget that opening the telecommunications sector has helped in boosting the economy. Bank deregulation have also helped.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@hybern8 I do not have the exact figure here, but it is a public document and you can access it. #FuelSubsidy
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Asccheim The govt. is freeing the sector for the private sector to come in.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Asccheim The appropriate term is deregulation. It is to make sure that when the govt. is controlling a sector and it is not working,
9 hours ago

FMINigeria FMofINigeria
@Segun_ Don't forget that the deregulation of the airline sector has helped. You can see that private airlines in the country are doing well
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
@
@hafos Don't forget that opening the telecommunications sector has helped in boosting the economy. Bank deregulation have also helped.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
@
@hybern8 I do not have the exact figure here, but it is a public document and you can access it. #FuelSubsidy
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
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@Asccheim The govt. is freeing the sector for the private sector to come in.
9 hours ago
FMofINigeria
FMINigeria FMofINigeria
@
@Asccheim The appropriate term is deregulation. It is to make sure that when the govt. is controlling a sector and it is not working,
9 hours ago

Hmm.

I'm beginning to wonda if buhari will not do better than johnatan.

small kids were playing police and driver. the driver drove his toy car pass the policeman. the police stopped his bus. next? he brought out wraps of sweets for bribe. and was allowed to pass.  seems we hav acceepted corruption as culture and hav taught our children also

Business opportunity!!! I know my igbo brodas wld soon import solar powered car from china

if u r selling, below Resistance, try put pending buy stop order above Resistance

any1 here knows hw to code e.a?

even moving average saw the movement very clear

Bad Trade for me. SL hit back with the trend but EU moves na shakara this is a short term reversal.
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Hw amny pips stop loss? do u use pivot point resistance and support?

JAkpayen:
Buying EU @ 1.2955 and GU @ 1.5510 for 100 pips

Happy pipping to y'all

Good trade.

Who will take care of dem? Goodluck johnathan of course. Its high time some parents r held responsible 4 d insecurity & economic hardship in nigeria. Not gej.

The factors workin against dz country is complex. Hw can dz country know peace when some stupid alhajis father 100s of children?

Its not wrong 4 Mr President 2 cry. If u'v been to where some women r weeping, u cant help bt weep. Unless u dnt hav emotions.

This bloody lifestyle is nt d character of ndigbo. Islamic missionaries r @ work indoctrinatin dz poverty stricken ebonyians.

Hw can some1 in his right mind say dat somethin as complex as a human being came into existence out of nothing? D car u drive, d house u live, d clothes u put on, do they come into existence out of nothin? R they nt made by some1 wt intelligence? And u want 2 tell me dt all d bones in ur body were joined 2gether wtout intelligence? All d arteries dt carry blood? All d nerves in ur brain? U think all these things happend on their own? There wz no intelligent being somewhere dt made them 2 be? Pls dont insult d intelligence of the one who made u!

I'v never seen such a blasphemy b4 in my whole life.

I'm dissappointed dat d pple on nairaland r too 4getful 2 undrstand wat is hapnin. Cant u see dt dz pple r all out 2 make nigeria ungovernable? Ds is d effect of d zoning palaver.

Action film 4 naigeriya? If Gej does not want d worst to happen, he should destroy ds dangerous monster nw dt its still a baby. He has d power to do so. We revolution in ds contry to stop ds genocide.

There's a secret plan to turn nigeria into an islamic nation. D sultan is behind it. U can read d handwriting on d wall. Gani adams told nigerians to prepare 4 d worst. Genocide is coming!

Kinikini:
Quote from pro01
This Sultan is a repulsive bas.t.a.r.d who should be deposed and thrown behind bars. Such a hideous piece of scum. I really don't know the right words with which to describe the i.d.i.ot.

Poster, this is an abuse of your freedom to self expression. Na wa o.

In 2012, Nigerians wld reap the dividends of fuel subsidy. A litre of fuel wld b sold for N35.

U make serious sense. No wonder dz aboki cattle rearing boko haram dont hav any human sympathy. Now i understand.

haven't heard of smith swigglesworth who kicked a woman with a potruded stomach by faith and the ailment dissappeared? did the police arrest him?
havent you read in the bible how Jesus made mud with sputum and healed a blind man? is that hygienic?
Bishop oyedepo slapping a self confessed witch must be an act of faith. go and find out the effect of that slap and stop talking bla bla bla

i wonder why seun should put that kind of rubish thread on the home page. he even seems ton favour those who support gay marriage. he should be careful.

Mr President's argument on fuel subsidy removal can be summarized thus;

1. we are spending so much money on fuel subsidy
2. the money spent on fuel subsidy can be used to improve other sectors of the economy
3. the poor dont benefit as much from the subsidy as the rich
4. with subsidy in place, private refineries cant survive in business
5. if we dont remove subsidy now, we wld soon import fuel from Niger
6. if we dont remove subsidy, Nigeria wld soon be broke.
7. with the deregulation of the oil sector, competition wld bring the price down

There's no doubt that Mr President has the best intention for Nigerians, but the approach he wants to use to deliver these intentions may generate bad effects. He should look for a way to achieve this aim with minimal suffering for Nigerians. Before removing the subsidy, the following things should be put in place;

1. the 20 licensed private refineries should be completed and be fully operational.
2. t[b]he same money we use to subsidize imported fuel should be used to subsidize our own fuel (this wld create more jobs)[/b]
3. this should continue until the private refineries are strong enough to export fuel in large quantity and Nigeria has a good quantity of fuel reserve.
4. Then we can talk about removing the subsidy and allow the private refineries to stand on their own.

This approach wld minimize the suffering that Nigerians wld have to go thru and we wld still achieve the same objective. Your comments please.
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