Heffalump: Mba should hide his pride and consult with his Excellency, Mr. Peter Obi that turned around the education sector in Anambra state during his tenure, from being a backward state in education to frontline state. A feat no one else can challenge in Nigeria, both past and present Governors. You can't hide the light, no matter how dubious you try. Obi is a winner all round.
Kindly share the number of teachers employed by Obi in his tenure, so we can see if he surpassed the 19,500 employed by Makinde.
Lanretoye: The best governor in nigeria...but some people prefer one aba made midget that gave them 24hrs electricity even before he was sworn-in in abia,na only here them dey see,them no care about thereuse your destiny swear say you go secondary school for anambra
is he the best governor because he has done what Tinubu and his boys failed to do in basic services and utilities for 27 years of growing the state budget 100 times to N4.2 trillion
Lanrelagboi: Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
seunmsg: SO, what you point? Tinubu should provide google map location of petrol stations with their prices instead of the price modulation that will help put an end to further price increment?
Before Trump's Iran war, why did Tinubu fail to crash petrol price below N185 promised, despite paying more subsidy that previous presidents?
anonimi: NNPCL’s subsidy payment jump by 47.9% to N7.1trn in 2024
November 26, 2025
The Nigerian National Petroleum Company Limited (NNPCL) paid a total of N7.1 trillion as subsidy for premium motor spirit (PMS) in 2024, this sum represents a 47.9 percent increase from N4.8 trillion recorded in 2023.
This is despite the government’s announcement of subsidy removal in 2023.
The company explained that the amount, which it termed ‘energy security expense’ arises when there is differential between the exchange rate used to freeze the premium motor spirit ex-coastal price and the prevailing rate at the point of import settlement.
According to the report, government had instructed that NNPC Limited cannot sell its PMS above a certain regulated price. It added that the cost of petrol import is usually much higher that the regulated price.
seunmsg: So, it is very dishonest to come and claim that nothing was done previously. Again, this thread is about the response of the British PM and the Nigeria president to the latest wave of price increment. I am still waiting for you to explain to me and other forum members how the British PM is the good guy here and the Nigeria President the Pharaoh without human face.
What British PM promised something and failed to deliver but was allowed by Britons to keep his job nevertheless?
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
Ofunaofu: Report: Current Govt Added More Debt in Two Years Than Nigeria Accumulated in 55 Years
• Decries Nigeria’s debt service-to-revenue ratio
•Urges FG to declare fiscal emergency
A new policy brief has warned that Nigeria’s worsening debt profile and weak revenue generation have pushed the country into a dangerous fiscal position, with the current administration accumulating more debt in two years than Nigeria recorded during its first 55 years after independence.
The report, released by the Alliance for Economic Research and Ethics LTD/GTE, a Nigerian policy think tank, argued that the country’s debt crisis has evolved into a governance and revenue emergency, as debt servicing obligations now exceed the federal government’s retained earnings. > > According to the think tank, Nigeria’s public debt rose sharply from N87.38 trillion in June 2023 to N159.28 trillion by the end of 2025, with President Bola Tinubu’s administration accounting for about N65.9 trillion of the increase within its first two years in office.
The organisation in the brief titled: “Nigeria Is Borrowing to Breathe—and the Clock Is Ticking”, noted that Nigeria accumulated only about N12.06 trillion in debt from independence in 1960 up to 2015, meaning the current administration added more than five times that amount in just 24 months.
The report stated that while previous governments also contributed significantly to the country’s rising debt burden, the speed of accumulation under the current administration had intensified concerns over fiscal sustainability.
“President Bola Tinubu’s administration has added a further N65.9 trillion in just two years. To put that in perspective: it took Nigeria’s first 55 years of independence to accumulate N12 trillion in debt. The current administration has added more than five times that amount in 24 months,” it argued.
It recalled that Nigeria briefly became almost debt-free externally after the administration of former President Olusegun Obasanjo secured an $18 billion Paris Club debt relief package in 2005 and paid $12 billion to extinguish about $30 billion in external obligations.
CyynthiaKiss: The Christian massacre going on in Nigeria can never be swept under the the carpet.. Having 12 years uninterrupted Muslim rule in Nigeria has kept Nigeria in a sorry state.. There must be a balance of power by the two dominant religions, else I see a disaster befalling Nigeria if Tinubu continues beyond 2027, then after him another Muslim takes over making it 24 years of Islamic rule.. May God in heaven forbids such abomination from happening..
Why did Christian senators and representatives fail to sanction the presidents for the massacre?
Racoon: Tinubu beg Nigerians for another four years. My policies in the last Three year is gaining massive result, Nigerians should be patient with me.Tinubu tell Nigerians
What did 27 years of reforms to grow budget from tax & debt burden yield to Lagosians, other than drinking water from shitty boreholes and hustling to pay private school fees because less than 5% schools are owned by government?
PigTormentor: Calling someone who has never been charged nor arrested for any drug crime as a drug baron is comical especially coming from people who are getting arrested on daily basis in India and other countries for drug dealing. Stop projecting your life on others. Hypocrites.
Are you calling Reno, Keyamo and Onanuga hypocrites
Racoon: Festus Keyamo Defends Tinubu From Drug Trafficking, Says Tinubu Mistakenly Shared Flats With Drug Lords
The Minister of State for Labour and Employment, Mr Festus Keyamo, has distanced the All Progressive Congress presidential candidata, Bola Tinubu, from being a drug baron who was involved in the traffic of narcotics in the United States.
Keyamo, who also doubles as APC Presidential Campaign spokesperson, noted that the former governor of Lagos State only shared a block of flat with drug barons about 30 years ago in the US.
His reaction is coming following documents of a Chicago District Court indicting and convicting Tinubu of drug dealings and money laundering in 1993.
The document which emerged online two days ago, described APC standard-bearer as a drug baron, adding that Tinubu entered a plea bargain, leading to the forfeiture of his assets to US authorities in 1993
It was also pointed out that Tinubu forfeited the sum of $460, 000 dollars in his bank account at First Heritage Bank to the US government.
Speaking on Wednesday on Channels TV, Mr Keyamo dismissed such claims, insisting that Tinubu was linked to drug peddlers who were his neighbours.
He said: “What happened was that Tinubu went to open an account. The address which he used in opening the account was the address used by these people. I think some blocks of flats. Maybe, he was happy to be in that block of flats too.
“So, they now link it that the other people they were investigating for narcotics are in the same address used by Asiwaju to open that account.’’
PigTormentor: Only mad people listen to this clown, and not vote for Tinubu. You have to have mental issues to listen to this clown. Any sane human being knows that Tinubu is the best thing that has happened to Nigeria in terms of development.
While Amaechi's abrasive language is to be condemned, are worse roads how Tinubu is your best thing in terms of development?
VeeVeeMyLuv: That subsidy removal was supposed to massively increase the value of naira in 2023. Because it was a massive once in a century earth tremor decision. Very positive decision. But the reverse is what we saw in Nigeria the exchange rate went to near N2000 to $1!
How else would we have known that Tinubu is just empty noise that sounds intelligent until you give him time to show workings?
Can you imagine that he is borrowing even more than those who gave us cheap petrol and cheap dollars with prosperity for 16 years, before he packaged Buhari as APC change messiah in 2015.
Where do you think all the money is disappearing into?
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
Ofunaofu: Report: Current Govt Added More Debt in Two Years Than Nigeria Accumulated in 55 Years
• Decries Nigeria’s debt service-to-revenue ratio
•Urges FG to declare fiscal emergency
A new policy brief has warned that Nigeria’s worsening debt profile and weak revenue generation have pushed the country into a dangerous fiscal position, with the current administration accumulating more debt in two years than Nigeria recorded during its first 55 years after independence.
The report, released by the Alliance for Economic Research and Ethics LTD/GTE, a Nigerian policy think tank, argued that the country’s debt crisis has evolved into a governance and revenue emergency, as debt servicing obligations now exceed the federal government’s retained earnings. > > According to the think tank, Nigeria’s public debt rose sharply from N87.38 trillion in June 2023 to N159.28 trillion by the end of 2025, with President Bola Tinubu’s administration accounting for about N65.9 trillion of the increase within its first two years in office.
The organisation in the brief titled: “Nigeria Is Borrowing to Breathe—and the Clock Is Ticking”, noted that Nigeria accumulated only about N12.06 trillion in debt from independence in 1960 up to 2015, meaning the current administration added more than five times that amount in just 24 months.
The report stated that while previous governments also contributed significantly to the country’s rising debt burden, the speed of accumulation under the current administration had intensified concerns over fiscal sustainability.
“President Bola Tinubu’s administration has added a further N65.9 trillion in just two years. To put that in perspective: it took Nigeria’s first 55 years of independence to accumulate N12 trillion in debt. The current administration has added more than five times that amount in 24 months,” it argued.
It recalled that Nigeria briefly became almost debt-free externally after the administration of former President Olusegun Obasanjo secured an $18 billion Paris Club debt relief package in 2005 and paid $12 billion to extinguish about $30 billion in external obligations.
Qadaffi2idiamin: If Buhari could sustain subsidy for the good of his fellow countrymen despite the low oil revenue how can a NADECO democraise who fought for the people not sustain it despite oil windfall. Keep paying governors.
The governors may be receiving more money, but are they receiving more VALUE, after Tinubu destroyed the economy with reckless borrowing, looting and extraction?
lawani: VAT is paid by production or servicing companies. Clearing and forwarding companies can possibly bill you VAT the same way a barber can bill you VAT. It is ordinarily not supposed to be more than on their own clearing charges. If they bill you on the value of your import then they are swindling you. Will Dangote refinery pay 7.5 percent on his equipments to clearing and forwarding agents? No. He will only pay VAT on their charges while the equipment producer will pay VAT at home. The company here in Nigeria importing will remove the value of the equipment from its VATable revenue
In summary VAT is charged in Lagos ports for shipping services on goods destined to places outside the state.
Image123: i was hoping you'd provide a policy document, manifesto or easy to process video where he made such promises. We watched and studied all that to vote for him, not noisy campaigns. Campaigns are like parties, throwing jabs and making everyone happy. Stop keeping your hopes on such, be wise. From the little i could deduce watching your video which i wish was in English, maybe you can understand better. He was referring to different attempts to frustrate or even cancel the elections. And he was saying, all should relax that everything will be sorted. All the fears of no money, no transport, fuel prices rising, it'll all be sorted. And if otherwise, they'll still vote and win. These are not policy or governance promises. He was clear about subsidy removal. If deliberate misunderstanding makes you sleep, it's not my fault or business. i understand you must work for your pay, but do a proper and credible job at it.
Thanks for letting us know that Tinubu's words are inconsequential balablu bulaba town hall clowning to make you happy.
How much is your pay for this labour in vain defence of the worst rogue politician?
Any idea why Tinubu has not crashed petrol price below N185 promised despite paying more subsidy than previous presidents
anonimi: NNPCL’s subsidy payment jump by 47.9% to N7.1trn in 2024
November 26, 2025
The Nigerian National Petroleum Company Limited (NNPCL) paid a total of N7.1 trillion as subsidy for premium motor spirit (PMS) in 2024, this sum represents a 47.9 percent increase from N4.8 trillion recorded in 2023.
This is despite the government’s announcement of subsidy removal in 2023.
The company explained that the amount, which it termed ‘energy security expense’ arises when there is differential between the exchange rate used to freeze the premium motor spirit ex-coastal price and the prevailing rate at the point of import settlement.
According to the report, government had instructed that NNPC Limited cannot sell its PMS above a certain regulated price. It added that the cost of petrol import is usually much higher that the regulated price.
Jman06: You should be ashamed of yourself that at your age what occupies your thoughts are tribal d1ckk-measuring tantrums. Just imagine the jargon you posted as first comment on this great thread!
Is that a confirmation that Mbah is a useless progreThief like Tinubu & co
Babasessy: The Awolowo rebirth in the Southwest has inspired gongs, songs and rhetoric of sorts. But they have missed one point.
It occurred to me in Abeokuta last week amidst the big crowds and euphoria of the swearing-in of Senator Ibikunle Amosun as governor. In all the states from Lagos to Edo, where Awo has witnessed ideological resurgence, hardly a single family member has played a role.
So we have an Awo family without an Awo. That is an irony. But history overwhelms us with this sort of twist. Obafemi Awolowo toiled for his reputation. His roots were lowly, he toiled to school both home and abroad, launched into careers in law, business, journalism and eventually politics. He carved a niche for himself, and became the first methodical and charismatic leftist in our history. Other leftists abounded but they did not inspire comparable drama and following.
He faced tribulations, went to jail, failed in elections, won a few, but he imprinted his ideas and legacy in the country, and no single mortal has beaten him in the history of this country. His greatest achievement was in the area of ideas, and that was how he fashioned a family. Most families are born of biology but his issued from ideology. That family suffered with him.
In a spoof of Jesus Christ, these were the men who followed him in his teachings, and endured with him in his temptations. So he formed a kingdom for them in the Southwest, in the old Western Region, presiding over his projects, his legacies and people.
In all of these, the family he had was not his flesh and blood. In another spoof of Christ, who were his family anyway? Those who were with him must be counted as his family. So, I combed in the ambience of Babatunde Raji Fashola (SAN), and I found none. I went to Ogun, I frisked the crowd under Amosun’s bower, hardly any. Around Ogbeni Rauf Aregbesola in Osun, I could not lay a finger. With Governor Kayode Fayemi in Ekiti, where are the forbears of Awo? Yet, I can hear the chants of Awo. Hardly in any of the inaugural speeches or any of their other public intervention would you miss the philtre and filter of Awo from these gentlemen. To parody Novelist Joseph Conrad, they are the sparks from Awo’s sacred fire, the messengers of the might within the man.
Already all of them are pursuing the legacy ideas of Awo: free education, free health services, infrastructural development, urban renewal and economic engineering.
Lagos has posted itself as the John the Baptist. The others are putting up valiant efforts, and the world of course is watching to see how well they will perform. It will call for great work, resourcefulness and cooperation. They are the real Awoists, and Awo was a man of rigour and vigour.
The Awo son that many expected to take after the father was Olusegun, who unfortunately died in a car crash. We shall never know if he could have pulled it off. But the others have not shown much of the paterfamilias’ brio and depth. In the past decade, under this republic, they have blended with the wrong crowd. Even H.I.D, hobnobbed with Alao-Akala, who brought illiteracy to governance; with Oyinlola who turned the grace of office into a hell-hole of despots; with Daniel who could not arrest his quick fall into megalomania.
I wrote once that this woman whom Awo once described as the jewel of inestimable value has lost value to his cause. If he came back to life, he would have committed the extraordinary act of divorce after death. Even his newspaper, The Tribune, has so stumbled and fallen that it swims in Awo’s vomit.
lawani: VAT (Value added Tax) isn't on shipment. It is paid by companies that add value and whose revenue is over a certain threshold. Tariffs or duties is what is paid on shipment. Lagos is not paid any commission on it. Port states unlike oil states do not receive anything from what government makes on their land
VAT is not charged on any of the shipping services, including clearing and forwarding?
SixSeven: When Nigerians are productive at home, they will travel differently as tourists, business owners, experts, and students, not as economic fugitives or economic refugees. The world respects value, and no one respects desperation.
In what capacity did Tinubu travel to France recently, when Macron left the 90 year old to attend UNGA in New York
Bizibi: I love this article,I have been thinking yesterday about economy development in Nigeria and I think ppp will be the way to go in changing Nigeria but first we need a more favourable system.....
I will love Nigeria to go back to regional government system and I am hearing rumors about a regional government bill
Did you hear the regional government rumour from your own senator and representative
Image123: About turn, how? How much is petrol now?
Petrol is now less than N70 for APC and Tinubu supporters? I hope you are getting yours with the Renewed Hope discount card.
anonimi: Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
Jilo83: But Atiku re introduction of subsidy is not strategy to win election? what has change? 2023 I will remove subsidy we 2027 I will return subsidy 😂😂😂😂
2012- Tinubu opposed subsidy 2015- Tinubu supported Buhari's removal of subsidy, which was the first time that dubious A-looter Propaganda Conmen, APC removed subsidy.
2011 Tinubu called Buhari expired. 2015, he packaged him as APC change messiah to end PDP prosperity, cheap petrol, less debt & tax burden.
Why should anyone support the worst rogue politician and most unstable character?
Deltafirstson: Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.
In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.
Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.
Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.
At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.
However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.
“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.
How many teachers' employment letters has the newcomer progressive launched? Anything near the 19,500 employed by Makinde?
What is the ratio of public schools in Enugu? Is it also less than 5%, like we have in Tinubu's Lagos after 27 years of increasing state budget 100 times to N4.2 trillion?
Without these details, why should Mbah not be seen as a balablu bulaba propagandist town hall clown like Tinubu?
lawani: Everything produced in Lagos is Lagos GDP and the VAT belongs to Lagos. If you collect VAT and produce tax in your state of ten million people then the total will be around half of Lagos VAT. Lagos does not have advantage in the agricultural sector
The VAT on shipment that ends up outside Lagos should also be domiciled in the final location, not lagos.
Buccalcavity2: I agree with you OP. Since its the law now, states can probe the books and claim any VAT under-remittance. However, since everybody is sure about their volume, why did we peg derivation at 30%, let's make it 80%. Else we go for the 100% pushed by Wike RSG/Lagos LASG.
VAT is for the state. They rushed the tax bill to prevent Supreme Court hammer. The guys who took FG to court have done their home work. Heads or tail, they know they are better off. Una go think say una wise!
Did Wike and Sanwo Olu abandon the case because Tinubu is now president?
lindqvistbergst: Your logic just fails to logic and you make endless excuses. For your economy in your country the salary is technically enough. What you earn and what you do with it is your own fault. £12,000-£20,000 per year that's the average for the uk. Rent £700-£1,300 per month, just for rent. Then council tax, then water, power, fuel, food, travel and clothes. You dont pay a council tax. You pay basically no vat. You are just making excuses to seem hard done by and make a victim narrative where there is none.
If we pay no tax, no VAT, etc then where do local, state governments get IGR from?
A trader in Bauchi taps her card on a POS machine to buy fabric. The transaction happens in Bauchi, the goods change hands in Bauchi, the money is spent in Bauchi. But when the tax is remitted, it is credited to Lagos. That is not a glitch.
That is how Nigeria's VAT system has worked for years, and it is worth understanding precisely why before deciding who, if anyone, should answer for it. Moniepoint is as good a place as any to see the distortion at scale, simply because it is everywhere. The fintech, headquartered in Lagos, now powers the largest network of POS terminals in the country, processing transactions in every state from Sokoto to Cross River. But Moniepoint is not unusual in how it remits VAT. It is simply the most visible face of a rule that governs every Lagos-headquartered bank, telco and fintech operating nationwide: GTBank, Access, Zenith, MTN, Airtel, OPay, PalmPay, all of them. Under the old VAT regime, tax collected on a transaction is remitted based on where the company is registered, not where the transaction physically occurred. A purchase in Bauchi becomes, on paper, revenue generated in Lagos, because that is where the company that processed it keeps its books. This is not new. It is the same fight Rivers State picked with the Federal Inland Revenue Service in 2021, when Governor Nyesom Wike went to court arguing that VAT should be shared by derivation, the state where the economic activity happened, rather than swept into a federal pool and redistributed by a formula that rewards headquarters addresses over actual commerce. Rivers won at the Federal High Court. The case exposed what fiscal federalism advocates had argued for years: that the naira the poorest transacting Nigerian generates in Gombe or Yobe ends up subsidising infrastructure in a state that merely hosts the company's letterhead. The numbers make the scale of it plain. FAAC data for the first half of 2026 shows Lagos alone generated ₦1.81 trillion in VAT, more than 52 per cent of Nigeria's non-import VAT nationwide, with Rivers a distant second at ₦560 billion. No honest person believes Lagos residents alone are responsible for over half the country's taxable consumption. What they are responsible for is hosting the headquarters of the institutions that process transactions for the rest of the country. The reform meant to fix this is already law. The Tax Administration Act that President Tinubu signed shifts VAT sharing toward a derivation-based model, splitting allocations 50 per cent equally among states, 30 per cent by derivation, meaning where the transaction actually happened, and 20 per cent by population and consumption. On paper, that should mean a POS transaction in Bauchi finally shows up as Bauchi's revenue, not Lagos's. The Northern Governors Forum, ironically, initially resisted the very reform that should correct the imbalance working against their own states, worried about the transition mechanics rather than the destination. That fight has mostly been settled in the law's favour now. What has not been settled is implementation. This is where the real accountability question sits, not with Moniepoint or any single fintech, but with whether the derivation formula is actually being applied to POS and electronic transaction data the way the law now requires. Financial technology platforms generate exactly the kind of granular, location-tagged transaction data that should make derivation-based VAT trivial to calculate correctly. A POS terminal knows precisely which local government it sat in when a sale happened. The question Nigerians and state revenue authorities should be asking is whether FIRS, now the Nigeria Revenue Service, is actually pulling that location data from the fintechs and applying it, or whether old habits, crediting the company's registered address, are still quietly running the calculation months into a reform that was supposed to end the practice. If NRS is applying the new formula properly, the Bauchi trader's VAT should already be flowing back to Bauchi, and any residual distortion is a transition lag worth monitoring, not a scandal worth headlines. If it is not being applied, if fintechs and banks are still reporting VAT the old way while the law says otherwise, then the failure belongs to the regulator that has not enforced its own reform, not to a private company following whatever reporting format it has been told to use. Sanctioning Moniepoint for a system-wide accounting convention it did not invent would be scapegoating dressed up as accountability. It would let the actual point of failure, regulatory enforcement, disappear behind a corporate name Nigerians already recognise from their POS receipts. What deserves scrutiny is simple and answerable. Has the Nigeria Revenue Service published guidance requiring derivation-based VAT reporting from POS operators and fintechs. Are states receiving allocations that reflect where transactions occurred rather than where headquarters sit. And if the answer to either is no, months after the law changed, that is the story, a regulator sitting on a reform it already has the authority to enforce, while states like Bauchi keep subsidising Lagos's revenue base one card tap at a time.
lindqvistbergst: Fella. There is a reason you are using "average" because the average person makes excuses. The "Purchasing power" in your country with your economy $800 Is enough. You should be saving 10% every month no excuses. After a few years THATS enough saved for a deposit and rent is ALWAYS higher than a mortgage. So use the rent to pay the mortgage and you still have some left to save. Just rinse and repeat then after a while YOU HAVE A WHOLE PORTFOLIO of properties. Now this is very simplified but you should able to grasp the gist of it. Now chavvy ill add a distinction....when you are looking for properties for buy to let...always search oldest listed. Im talking years to decades not months. They've been paying taxes on a property just sat there so are more likely to take an offer to be rid of it. The only excuse you have is....."no one taught you" but there is no excuse for not getting off your backside and teaching this to yourself. Other people do it so just listen to them.
If any of this balablu bulaba is sensible, then why are Nigerians flooding Britain etc for japa?
Apart from the minimum wage and unemployment rate differences among the countries, do they have free education for all their children, abi they have less than 5% schools owned by government like in Tinubu's Lagos after 100 times growth in budget to N4.2 trillion after 27 years of progressive governments?
Do they also pay a higher portion of their earnings to drink water from shitty boreholes because governors fail to employ well paid workers to provide pipe borne water to all households
The federal government is not responsible for water supply in cities and towns. This is the responsibility of states.
500 gallons of water go for N20k. Multiply by 4 in a month, that's N80k. By extrapolation, that's N960k in a year on water alone. Why? Because the governor believes that clean and accessible water is the least of his worries. Yet they prance around like Enugu is Abuja even though the red muddy soil will have residents looking like they went tomb-raiding at night.
But then, considering where it was before Peter Mba, one can understand the accolades being that he moved the town from 16th Century to 17th Century but not anywhere near 20th Century. 21st Century is a stretch. EEDC? The worst of all.
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
yesloaded: Square peg in round hole advisers everywhere Everything is not politics, engage people who gat more than enough knowledge in relevant field even if they are not member of your party It's funny seeing a lawyer handling engineering department all because he's a member of your party
Namaster: "The man had been disruptive before boarding and throughout the flight."
The Nigerian Society is structured around tolerating NONSENSE. Why would they ALLOW someone that was ostensibly DISRUPTIVE before boarding to get on a plane? We DON'T punish crimes and criminals enough. We tolerated KILLER HERDSMEN, then we got KIDNAPPERS. We tolerated KIDNAPPERS,then we got BANDITS. We tolerated BANDITS, then we got TERRORISTS. Our TOLERANCE for criminals and REFUSAL to punish them is why Gumi is still a FREE man despite being a known TERRORIST. We tolerated Yahoo Boys for YEARS, now we have RITUALIST Yahoo Boys. This culture of tolerating MADNESS and STEWPIDITY must stop! Airports, hospitals and courtrooms are places were you must practise DECORUM. ANYBODY that constitutes a NUISANCE in such places should be PERMANENTLY REMOVED and SEVERELY PUNISHED. I recall one other INCIDENT when a celebrity stood in front of a PLANE and he walked FREE. Had that man been JAILED for 15 years for that NONSENSE, this one would NOT have happened. Nigeria needs HARSHER and QUICKER punishments. We must NOT cuddle criminals. This particular man should be treated as a TERRORIST. And PROSECUTED accordingly.
How do you prosecute a DEAD man?
As for tolerating nonsense, how will God have anything to do if we don't keep tolerating nonsense and blaming the devil for the consequences?
MrPresident1: What does it matter? Subsidy, palliative, energy security? Discount? Call it whatever you like The people are being strangulated by evil satanic government polocoes
The strangest part of all this is that Tinubu has been paying subsidies illegally to importers of fuel from their Malta blending plants, without delivering his promise of crashing petrol price lower than N185.
What kind of voodoo economy is the master strategist running
NNPC Retail Limited, a wholly owned subsidiary of NNPC Limited, began operations over 20 years ago as a petroleum marketing and retail company. It was set up to ensure the nationwide availability, distribution and affordability of refined petroleum products.
Its purpose, in other words, is to keep products available across the country and to moderate retail prices, not necessarily to maximise retail profit. It has historically sold fuel below the prices of other marketers. The current discount continues that role, and it is a commercial decision that any retailer is free to make.
This commercial decision will not affect the revenues generated by NNPC for the three tiers of government that ultimately own it, right
Iolo: Good move, but this is a smart way to do Subsidy in a different language. What of the opportunity cost from lost revenues to NNPC? If NNPC was a listed entity would FG be able to do this as easily?
In Tinubu and APC balablu bulaba clueless world of propagandist liars, NNPC money that should be remitted to FAAC for sharing 53% to the president alone, 27% for the 36 states and 20% for the 774 LGAs is not public money.
How come these guys see themselves as smart, led by a master strategist of a-looter politics