₦airaland Forum

backbencher:
On a more serious note, removing subsides on fuel and power means two things

1.Government stops spending money on subsides...which means that more money gets saved...plus due to investment flowing in, there is more taxable income from jobs and company earnings..more money for government

2.Second, since there is no subsidy, the electric and power companies now work at a profit, which means they would earn enough money to build more refineries, power stations, etc. They would also be able to afford to buy cables, wires, transformers , so that power customers can stop buying those things. And there would be foreign investment because now people can make profits in the sector...and finally more and more jobs.

Finally, a note on subsides.

Government controls the price of power and petroleum...which they set below the cost of productionmeaning that power and petrol companies run at a loss...meaning that subsides have to be paid to keep the companies from going bust.

But because the cost of production rises, and is never static, the government sometimes has to reduce the amount spent on subsidies to save money...and that manifests as a price increase.

The ideal would be for subsides to go and price to be in the hands of companies in the petrol and power sector...so that they earn profits to fix and upgrade services....and also competition would bring down prices.

The high price aspect of removing subsides...and the knock on effects (food price increase for example) is why most Nigerians oppose subsides. That shock can be mitigated by government doing as was done in some other countries..paying some money to car owners to mitigate subsidy related rises.

This is for a country that works not a complex society nonfunctional one like ours. This is what will happen; Our government saves no money they embezzle it that's number one. So expect no savings but massive stealing and corruption. As Inflation rises, more businesses will shutdown,more unemployment,poverty and hunger, increased insecurity leading to low investment.
Things are Designed to fail here.

People who knew nothing about your home is discussing your problem and insulting your spouse. There's a reason why we have elders.

SuperStriker:
That is what I don't want to do. I don't want to go to another woman but I am suffering...Sometimes I feel like I will tear my shirt and start running round the street when that pressure is too much

Then run down the street but don't grab a mannequin like that boy in the viral video.

Happy birthday P-square

The last time i check ,they are just like agbero in Lagos

Insecurity everywhere

The PIA provision is for full deregulation of the petroleum products and when that happens PMS pump price will be around 400 naira per litre. Don't be deceived,this is very true and the storm is coming. The government is just delaying the obvious because they can't predict how the people will respond. They are proposing to implement this by next June/July while hoping that Dangote refinery will come through by starting operations.

You would have cut him off the day he asked for a relationship but right now you can't help him without jeopardizing your marriage. He saw you as more than a friend and wanted to keep you for himself without considering your own happiness. A good friend will be happy for you trust me. By virtue of work,i have a lot of male friends. As a last push meet him during the day in a very open place (use your head because feelings are involved) and talk to him to fall in line. Be specific and give him a timeline. If that fails,then ignore him forever.

Take it one day at a time

Like i boycotted Titus fish although i found no better alternative.

Kukah my Lord Bishop always hit the truth on the head. Like him or hate him. A lot of bandits lovers are crying here

Congratulations CR7

Congratulations

You keep imagining all you could have done to keep him alive but couldn't. Stop blaming yourself. You did your best and there was nothing more left. Even your late bro knew that and want you to move on and live your life. Stop over thinking it. Even if you got the five million and did transplant,it not a 70% chance. You making first class despite all this has made him proud. Time heals all wounds. May his soul rest in peace.

Happy birthday Mama. 95 wow

Very good write up on the state of the nation. However,it failed to point out that escalation of Farmers and Herders crises( herdsmen murdering farmers),banditry in North west and the agitation for secession is as a result of the nepotism of the present leadership. These problems are not new in Nigeria but the coming of Buhari has turn them into a threat. Even the blind has seen how Nigeria is faring under a General.

Thank you for extending a helping hand.

Glad you are ok.

Girls please stop watching Zee world

I pray to someday work for a destiny helper big heart kind of wealthy boss. Add value and get value. Such people teach how to make and handle riches.

If you look at only removing subsidy without looking at the effect and how to mitigate it ,the country may breakdown completely driven by poverty and insecurity. A country is not a business enterprise and all factors must be considered.

Ours is such a complex society

MNDY:
Aunty, only 1woman wahala fit kill the man. We are talking about the wife wahala-ing her husband to death in the home. Who is talking about sidechicks, relatives, children, friends and strangers and impressing anybody?

Uncle you never ready to accept the koko.

I laugh because it's you men that put yourself under pressure. 1 Wife, 3 children,10 side chicks,20 relatives,50 friends,100 village/church members and 500 strangers these are the number of people you want to impress. Na you dey do yourself

This is the type of ban that will shake things up not sit at home.

When Gumi and all the Myetti Allah are all moving free. Even appointed to government positions.

They rode on horses as bikess has been banned. This is heartbreaking.

Some people said the couple shouldn't have gotten married because they don't have money. How much money are we talking about here 4.5m. How many Nigerians have 4.5m? So how much should Nigerians have in their bank account before getting married? Please let's stop living in a dream land. What if his bills are over 10m? How much is salary? How many Nigerians received 100k in a month? The money is much so stop blaming the man jare. This why we need health insurance and charity to cover such unexpected cost. That's what they do abroad too.

Selective decision not consistent with what you have been doing in other parts of the country. I'm from Anambra and we need peace to return there but not through any state of emergency. Any good security formation with surveillance and intelligence can stop what is going on in Anambra state. Election will hold peacefully.

Terrorists are very difficult people to break so extreme measures are deployed most times. But a country that banned homosexuality using rape in form of the same forbidden intimacy to their gain,are they not promoting the same thing? The devil has really deceived man.

This a good move sha but they will still buy it elsewhere