₦airaland Forum

okomile:
Red lines coming soonest
Eko ooooooo

Do you think the Red Line will take forever to manifest with undisclosed billions spent on it also

anonimi:
TTC in talks to sell old trains to Lagos. Are they safe enough?
AUGUST 10, 2011

Fashola visited Toronto earlier this year to inspect the TTC trains.

The Lagos deal would be the first of its kind for the TTC. Decommissioned cars are usually sold for scrap metal and can fetch up to $1,500 dollar each. While Ross declined to discuss specific figures, he says the sticker price for Lagos is "significantly more" than scrap prices, putting the potential profits to the TTC in the millions of dollars.

It is not unusual for technology from western nations to end up in poorer countries. Marketplaces in Africa and Asia are flooded with North American clothes, computers, and even cars, but the purchase of larger technology like trains is rarer.

The cars will have to be significantly refurbished to fit existing infrastructure in Lagos, and some Nigerian media reports have lamented that the government appears to have settled on "tokundo," or used, trains instead of brand new vehicles.

Although half the cars are more than 30 years old, Ross is adamant they are perfectly safe and are only being decommissioned for capacity reasons. But he also admitted the TTC is not required to make sure the cars meet any safety standards before selling them.

"Once sold, it's up to the new operator to ensure they are in good working order," he said. "They do need to be maintained much more frequently than the new trains, simply because of their age. At some point they will run out their useful life."

Murtaza Haider, director of the Institute of Housing and Mobility at Ryerson University, said the age of the cars is definitely a cause for concern.

"We should be ensuring that there is some service life left in these vehicles and we're not going to be playing havoc with the lives of those who would ride these vehicles," Haider said. "There's metal fatigue, and that metal fatigue could result in dangerous conditions. I would be paying a close watch on this for the next ten years to see how many accidents do happen in Lagos."

He also warned that while rail systems are glamorous as far as transit infrastructure goes, they are not always as effective at reducing congestion as other options. Nevertheless, new rail systems are frequently preferred because governments can take advantage of kickbacks from large contracts.

According to media reports, the cost estimates for the Lagos rail project have varied wildly from $1.2 billion to $30 billion. In 2010, a Nigerian government watchdog accused Fashola's government of widespread corruption.

"More often than not, politicians favour rail transit because it is more expensive," Haider said. "It's almost useless in some cases, and less productive in most cases, than a bus system. But you can't buy busses for $30 billion. You can inflate prices and make a lot of money buying a rail system."

From: https://nowtoronto.com/news/next-stop-nigeria/

Emperormartin:
Reno Omokri received less but he has been doing his new APC job.

At least it must be more than the 30k online BATeria e-warriors are paid to litter nairalaland with useless propaganda and lies.

Thedon12:
Is a lie,Edmonton didn't hit -minus 50 degree last year. I just check it. Once the temperature drops below minus 10 degrees, activities reduce everywhere. Do you guys even know how minus 5 degree feel, let alone - 35 degree.

Why are you bragging about what you are clueless about

January 13, 2024

Temperatures at Edmonton International Airport broke records Friday, dipping down to –45.9 C. The previous daily record was –39.4 C, recorded in 1969, Anderson said.

Saturday's low hit –45.3 C, which broke the previous record of –41.7 C, he said. But there is potential for a third day of record-breaking cold Sunday, as the forecast predicts a low of –43 C.

https://www.cbc.ca/amp/1.7083387

Racoon:
Shots fire! Blunt OBJ!

Why are you mixing up blunt and rogue together

ejovial:
Jail is an understatement. They should be killed. Because they have coursed so many deaths.

Should Obasanjo be the first to be killed for having caused the deaths of so many Nigerians by his lootocracy

Philipponzaghi:
Obasanjo speaks the truth! Leadership rooted in character is crucial for Nigeria’s progress. It’s high time we prioritize integrity over mere political ambition. Let's hope this sparks a much-needed conversation about the quality of our leaders!

What character does Baba Iyabo have?

Is it the character of bribing sinators and legisLooters for his failed attempt to be president forever through the 3rd term project? Or the Halliburton bribes he received?

Abi it is the character that he has for making the highest suspect in the death of his Attorney General Bola Ige’s, a sinator from Agodi prison in 2003

Are you sure that he has character at all

Difrent:
Stop behaving ignorantly
There was a period in the past that it's the religious leaders that are ruling, that's was before the age of science and industrial revolution

Please why do you want to ignorantly live in the past

pandoragirigory:
His priority to crush and defeat bitter grievingory Obi and his embittered rogues

Defeat them with the magic wand Sanwo Olu said he used to make Lagos economy the 5th, as per his 1999 master plan?

Do you have any clue why he has failed to use this magic to defeat inflation, unemployment, insecurity etc? Any clue at all

Àkàrà de ẹnu akayin ó di ègún.

bigpicture001:
I don't blame the UK youths for riots cuz of immigration....

The UK is not China , Canada or US with large sparse of land...the country is not as big as Northwest Nigeria, so why crowd it that much...

This much number from just one country..? That's unacceptable

How many migrants are in China

Gerrard59:
If that is the case, then every migrant is a slave to the resident government.

Like slaves does not mean they are exactly slaves.

However, no employee gets more remuneration than the value he has created, if the employer is to avoid bankruptcy and liquidation. In the same breath, an immigrant contributes more to the resident country than he gets from it. Such contributions make the resident country even richer and better than the country of the migrant.

press9jatv:
https://www.facebook.com/share/YPbxa4tDgL935HrP/?mibextid=WC7FNe

Meanwhile those who are poor in spirit will be praying alone for healing and prosperity instead of working their bums off in scientific knowledge and research.

nairalandkachy1:
https://punchng.com/breaking-team-nigerias-men-disqualified-from-olympics-4x400m-relay/?fbclid=IwY2xjawEi1atleHRuA2FlbQIxMQABHYhjcDZqT4lcI6ZgIV1jRZIVjpROtde68AYKZDkx4aSUtPn92yaktJ5v-g_aem_iE1rjlk-1Do3PS8t2ID3fA



https://www.facebook.com/share/v/zxBYqRc7CYgQ5znD/?mibextid=oFDknk

Is this what we get for the billions spent for this jamboree

Jokerman:
Like I stated earlier in another thread, Nigeria should be banned from Olympics, and let's channel the money, like we are doing from those in Fuel and electricity subsidies, into other ventures, like sharing bags of rice.

How can we budget 2.5Billion and still go and borrow bicycle 😂, and still with 0 medals in the ongoing Olympics.

Botswana has won a gold medal in 200m race and their population is like Kogi state, compared to us with 200M people.

When we talk of profit making from our governing agencies, BATerias like Freestuffng, will tell you our population is mitigating our profits, so how come our population can't get us good athletes to compete on the World stage.

Our only hope for a medal is now Tobi Amusan , who doesn't even train in Nigeria 😹

It will never be well with Corruption.

https://www.nairaland.com/8179051/nigeria-should-banned-olympics

DeepSight:
This is nothing but fuel subsidy.

Of course it is fuel subsidy, pure and simple.
ThiefNuibu is swindling us like kilode.

How do we save ourselves from his clueless mismanagement

December 13, 2023

The World Bank says Nigeria’s petrol should be priced at N750 per litre at the pumps.

Alex Sienaert, the bank’s lead economist for Nigeria, made this known during his presentation of the Nigeria development update report, the December 2023 edition.

The report, titled, ‘Turning The Corner (From Reforms and Renewed Hope to Results)” was presented on Wednesday in Abuja.

Based on today’s official exchange rate, according to Sienaert, the product should sell for around N750 per litre and not the N650 currently being paid by Nigerians.

“It does seem like petrol prices are not fully adjusting to market conditions so that hints at the partial return of the subsidy, if we estimate what is the cost reflective of retail PMS price of the would-be and assuming that importation is done at the official FX rate,” he said.

https://www.thecable.ng/world-bank-hints-at-partial-return-of-subsidy-in-nigeria-says-petrol-should-cost-n750-litre/

nairavsdollars:
NNPCL....the number one corrupt organization in the world

Please HOW can the NNPCL be more corrupt than the petroleum minister who said that subsidy is gone but continues to pay it codedly under a different label, even though fuel costs more, is scarce while crude prices are lower than when Fashola was wailing at Jonathan to reduce the N87 petrol price in 2015?

I am confused here please.

anthonykezy:
Oil slump: Bring down fuel price immediately, Fashola tells FG ON DECEMBER 7, 2014

Lagos—As the global oil prices slid further downward, Governor Babatunde Fashola of Lagos State, yesterday, asked the Federal Government to review downward the pump prices of Premium Motor Spirit, PMS,  from N97 per litre in the country in tandem with the slump in world oil price. President Jonathan and Gov Babatubde Fashola of Lagos The Organisation of Petroleum Exporting Countries, OPEC, had last Friday, on its website pegged the oil price at $66.27 per barrel. Fashola who blasted FG for its reluctance to adjust the pump price of   PMS, made the remarks while addressing hundreds of youths at the  Lagos State and After School  Graduation Development Centre,  AGDC, IGNITE Employability Project 5, Ikeja.

He lamented that Nigerians were not receiving fair treatment from the central government like others in oil producing nation. Fashola said, “Now we should be enjoying cheap fuel if the price of oil has dropped globally. Even as we import the product, a major component has reduced in price and while this has reduced, the pump price of fuel in the country still remains the same. “Then something is wrong. If the price increases in the country when the price of oil goes up globally, then it should also reduce when the price of oil drops. “I understand that I am not an economist; they (Federal Government) are the economists. But I have some logic and common sense to ask critical questions. For instance, if one buy flour at N10 per kilogram, and the bread was sold at N1 per loaf. If the price of flour drops, the price of the bread should also change,” Fashola added.

The governor, therefore, urged President Goodluck Jonathan led administration to follow the footstep of other countries that have reduced the pump price of oil products for their citizens. Fashola noted that the oil sector of the country had not been improved to address challenges confronting the nation especially unemployment, saying “The economy is not doing well. Some of you (audience) are compelled to try to survive through whatever means.” On how the oil sector would have addressed the unemployment challenges, he said. “If we are trying to build refinery with Dangote in Lekki Free Zone, LTZ, in Epe; and the construction alone would require 8, 000 workers. It means that they must get to work and back. So there is need for transportation service, there is need for food and other services during work and post construction. “So if we stop importing fuel, and start building refineries and doing other things right the economy will lift. If you build a gas grid for the country and rough estimate indicated that investing $5 billion, many businesses will began to get gas and some of the power installation can also convert to gas and others, there would be sudden positive effect on the country’s economy.”

Source: http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/

Beolly:
Na hate go kill una

Is that before or is it after Stockholm syndrome affliction has wiped you out with your shabbily low expectations of government performance to match the taxes received from and on behalf of you and others

Makavelli001:
🙊 During the Soviet dictatorship of Joseph Stalin. He was a brutal dictator with a mind of his own.

On one fateful day, Stalin came to a Politburo meeting with a live chicken.

Standing in front of an audience, He started to pluck the feathers of the live chicken off one by one.

🚩The chicken trembled in pain, blood tricking out of its pores. It gave out grievous cries, but Stalin being a cruel dictator continued without remorse plucking the feathers out until the chicken was completely naked. After which, he threw the chicken on the ground.

🚩The naked chicken was staggering in pain. Stalin goes into his pocket and from his pockets, he took out some chicken food and started to throw it at the poor & helpless creature.

🚩The poor chicken in pain started eating and Stalin started walking toward his seat. As he walked away, he kept dropping some feeds on the floor & the chicken followed him and sat feeding from his feet.

📍Joseph Stalin then turned to members of his political party leadership.

🚩He said, "This chicken represents the people".

🚩"You must disempower them, brutalise them, beat them up, starve them and then leave them".

🚩"If you do this, go into your pocket & give them peanuts when they are in that helpless and desperate situation, they will blindly follow you for the rest of their life, worshipping you".
🚩"They will think you are a hero forever. They will forget that you're responsible for their sorrowful situation in the first place."

😇 Breathtaking, isn't it?

🙋‍♂ Now! Take a look at all the people some Nigerians are busy defending on social media.
🚩Take a look at those they call their heroes.

🚩They are the same people who plunged Nigeria into the situation she is.
🚩They are the same people who are responsible for their predicaments.

🚩Your guess is as good as mine. And the likes of many others, we all know about.
📍Nigerians kill those they should defend and defend those they should kill! 🙉

Saao:
Tinubu want to prove some points since the protest.

Using this SA bank for his propaganda purpose to excite sufferhead agbadorians with their BATerian affliction

Slytiger:
xyz

Are you stuck in a Stockholm syndrome suffering and smiling affliction?

Where is the answer to the comment below

A more effective way is to make education free for all children and teach every primary school subject in Yoruba.

Why do you think that Sanwo Olu and his predecessors since 1999 prefer stealing money rather than employing teachers and other staff to teach children free in primary, vocational and secondary schools

trutharena:
This is a commendable step by the Lagos State Government! Embracing our rich Yoruba language in official communication is a powerful way to strengthen cultural ties and promote inclusivity. It’s about time we celebrate our heritage and ensure everyone feels represented in governance. Let's keep pushing for more initiatives like this that honor our roots!

A more effective way is to make education free for all children and teach every primary school subject in Yoruba.

Why do you think that Sanwo Olu and his predecessors since 1999 prefer stealing money rather than employing teachers and other staff to teach children free in primary, vocational and secondary schools

chopnaira:
A greater Lagos rising..

A greater way to divert attention from the looting of Lagosians’ commonwealth leading to its enduring rottenness

The lack of state-owned pipe-borne water in the homes of Lagos residents has continued to be a source of concern, a non-profit group, Corporate Accountability and Public Advocacy Africa (CAPPA) has said.

At a press event to mark this year’s World Water Day, the group said its monitoring team’s visit to state-owned waterworks showed that most of them are not operational.

The group said the waterworks it visited include the ones at Maryland, Mushin, Ikorodu, Obalende, Agbowa, Onikan, Ikoyi, and Amuwo Odofin.

Only the one in Ikoyi is producing water, according to CAPPA.

https://www.premiumtimesng.com/regional/ssouth-west/450615-world-water-day-lagos-water-crisis-worsening-group-says.html

ObidientFC:
A global business intelligence, Economist Intelligence Unit (EIU) has said Lagos, the Nigeria’s commercial capital city is the world’s second least liveable urban area.

EIU ranked Lagos 171 out of 172 countries in the list of most liveable cities in the world for the first quarter of 2022, according to the latest 2022 Global Liveability Index.

This report makes the Nigerian best city the worst in Africa as Damascus (Syria) and Tripoli (Libya) continue to anguish at the bottom of the list along with Lagos (Nigeria) as they face social unrest, terrorism and conflict.

The least liveable cities were Damascus in Syria, Lagos in Nigeria, Tripoli in Libya, Algiers in Algeria and Karachi in Pakistan, which scored 30.7, 32.2, 34.2, 37.0 and 37.5 respectively.

“The EIU further highlighted the top five most liveable cities in the world which are Vienna, Austria scoring 99. 1; Copenhagen, Denmark with 98.0; Zurich, Switzerland with 96.3; Calgary, Canada had 96.3 and Vancouver, Canada with 96.1

However, most of the cities in the bottom ten have improved their scores compared with last year, as COVID-19 pandemic induced pressures,” EIU stated.

The EIU, which is a sister organization to The Economist, ranked 173 cities around the world on a variety of factors, including health care, crime rates, political stability, infrastructure and access to green space.
The EIU examines the quality of health care, education, infrastructure, stability, and culture when assessing living conditions of each city.
More than 30 factors are taken into account when calculating each rank, which are then compiled into a weighted score between one and 100.

From the indicators used for the ranking index which was stability, healthcare, culture & environment, education and infrastructure, Lagos scored 20.0, 20.8, 44.9, 25.0 and 46.4 respectively which dragged its score to 32.2 from a total of 100.

https://www.vanguardngr.com/2022/06/lagos-ranked-second-worst-liveable-city-in-world/

madone:
The attitude of the northern politicians just made me start supporting Tinubu. If he can handle them then he is the president. The northern politicians can not keep dictating how Nigerian leadership should be.

Modified
Am still waiting for the president that will have the balls to take away some oil wells from some northern elites.

Firstly, ThiefNuibu did not remove subsidies. It was removed in the 2023 budget presentation to the NASS in 2022 by Abacha's PTF a-looter comrade who JagaBandit alone made president to ironically fight corruption. The Lagos magician only maintained and continued what was established already, unlike Yar'Adua who reduced fuel price after Obasanjo hiked it just before handing over.

Secondly, Ogbeni Ojuyobo has resumed paying subsidies as confirmed by IMF below.

Thirdly, the Aiyederu man is more northern than northern politicians and will throw every southerner under the bus to remain in charge of our commonwealth for his maximum eight years.

Lizzysamuel:
Nigeria’s reintroduction of a gasoline subsidy months after it was scrapped is expected to guzzle almost half of its projected oil revenue this year, according to the International Monetary Fund.


The implicit subsidy will cost Africa’s largest crude producer an estimated 8.43 trillion naira ($5.9 billion) of its projected 17.7 trillion naira of oil revenue, the IMF said in a report published on Thursday.

Its forecasts according Bloomberg are similar to Bank of America’s, which projects it could cost Nigeria between $7 billion and $10 billion this year if it imports between 18 and 25 billion liters of gasoline, Tatonga Rusike, BofA sub-Saharan Africa economist, wrote in a note.

https://saharareporters.com/2024/05/10/tinubus-reinstated-fuel-subsidy-will-drain-almost-half-nigerian-oil-revenue-2024-imf

Highways:
Where Are The Cows? Is Evans A Herdsman?'


When Funke Olakurin, daughter of Afenifere leader, Pa Reuben Fasoranti was murdered instead of Bola Tinubu to make sure that the perpetrators were brought to book, he ended up making fun of the death of the young lady by turning everything into tribalism by showing his hates for Igbos.


Tinubu has never spoken against the deadly activities of Fulani herdsmen across the country

The same stand Adeyinka Grandson gave on the death of Fasoranti's daughter is where Tinubu, the leader of the Yoruba Conservatives stands. Please see Tinubu's video below. pic.twitter.com/COhiSvabqW

— Adeyinka Grandson (@deyinkagrandson) July 14, 2019

Mrs Olakunrin died of gunshot wounds in July 2019 after her vehicle was attacked by armed men, suspected to be marauding Fulani bandits whose violent activities had reached a frightening level across the southwest states.


Those arrested suspects include Lawal Mazaje, 40, from Felele area of Kogi State; Adamu Adamu, 50, from Jada area of Adamawa State; Mohammed Usman, 26, from Illela area of Sokoto State and Auwal Abubakar, 25, from Shinkafi area of Zamfara State....

However, the leader of the team, identified only as Tambaya, and three others are yet to be found.

Tambaya has been declared wanted by the police and he is said to be capable of communicating in Hausa, Fulfude and Pidgin English.

https://www.premiumtimesng.com/news/top-news/388382-afenifere-police-speak-on-arrest-of-alleged-killers-of-fasorantis-daughter.html

MadamVanessa:


Record holds it that Lagos is the most developed state in the world at the moment. Elon musk, Mark Zuckerberg, Jeff bezoz and many others world billionaires in dollars, are all relocating the headquarter of their products to Lagos state. Who made this possible? Tinubu. Please let's give the man his flowers.

You are not nice.
Why are you like this with your sarcastic comment over glorified ghetto Lagos, which deprives its residents of water supply despite huge budget increase in the last 25 years

The lack of state-owned pipe-borne water in the homes of Lagos residents has continued to be a source of concern, a non-profit group, Corporate Accountability and Public Advocacy Africa (CAPPA) has said.

At a press event to mark this year’s World Water Day, the group said its monitoring team’s visit to state-owned waterworks showed that most of them are not operational.

The group said the waterworks it visited include the ones at Maryland, Mushin, Ikorodu, Obalende, Agbowa, Onikan, Ikoyi, and Amuwo Odofin.

Only the one in Ikoyi is producing water, according to CAPPA.

https://www.premiumtimesng.com/regional/ssouth-west/450615-world-water-day-lagos-water-crisis-worsening-group-says.html

ObidientFC:
A global business intelligence, Economist Intelligence Unit (EIU) has said Lagos, the Nigeria’s commercial capital city is the world’s second least liveable urban area.

EIU ranked Lagos 171 out of 172 countries in the list of most liveable cities in the world for the first quarter of 2022, according to the latest 2022 Global Liveability Index.

This report makes the Nigerian best city the worst in Africa as Damascus (Syria) and Tripoli (Libya) continue to anguish at the bottom of the list along with Lagos (Nigeria) as they face social unrest, terrorism and conflict.

The least liveable cities were Damascus in Syria, Lagos in Nigeria, Tripoli in Libya, Algiers in Algeria and Karachi in Pakistan, which scored 30.7, 32.2, 34.2, 37.0 and 37.5 respectively.

“The EIU further highlighted the top five most liveable cities in the world which are Vienna, Austria scoring 99. 1; Copenhagen, Denmark with 98.0; Zurich, Switzerland with 96.3; Calgary, Canada had 96.3 and Vancouver, Canada with 96.1

However, most of the cities in the bottom ten have improved their scores compared with last year, as COVID-19 pandemic induced pressures,” EIU stated.

The EIU, which is a sister organization to The Economist, ranked 173 cities around the world on a variety of factors, including health care, crime rates, political stability, infrastructure and access to green space.
The EIU examines the quality of health care, education, infrastructure, stability, and culture when assessing living conditions of each city.
More than 30 factors are taken into account when calculating each rank, which are then compiled into a weighted score between one and 100.

From the indicators used for the ranking index which was stability, healthcare, culture & environment, education and infrastructure, Lagos scored 20.0, 20.8, 44.9, 25.0 and 46.4 respectively which dragged its score to 32.2 from a total of 100.

https://www.vanguardngr.com/2022/06/lagos-ranked-second-worst-liveable-city-in-world/

budaatum:
You flood there because you don't know how to fix our country, and you get value for the tax you pay.

You get good free education and healthcare till you are 16. Roads and transport are good. Police and fire brigade are efficient and protective. You can buy a thick affordable jacket and heating to mitigate the cold, and the racism is not as bad as some make out. You'd likely get more racism being an Igbo in Lagos, and there'd be no police to complain to.

And after all the tax, you'd be better educated and employable if you invested in self education, and you'd have money left over to send to your family back home.

Why send your family back home to where you have not made efforts to develop with good free education, healthcare, police, fire brigade etc?

Any response to the 50% income tax question that was justified with 20% VAT, which is not applicable to everything?

budaatum:
Add tax of 20% on your income above £12,570 and 40% if over £50,270, plus 20% vat on any expenditure, plus community charge, and you'd soon arrive at pretty close to 50% tax or more.

Is the tax rate on ALL income or after allowable deductions?
Is the 20% VAT rate on every type of expenditure or some are exempt like food, books, children's clothes, health products, fuel, heating and car seats for children?
Is there a VAT on savings and investments as well?

If all this extrapolation to justify the falsehood about paying 50% tax on TOTAL personal income is true, then why are blacks flooding cold & racist UK instead of staying home to fix our countries?

Goodnewsforlife:
chinedu nothing go happen

Nigeria won't burn cos Igbos lost election

Is that because Buhari's 2011 running mate laboured in vain to burn Nigeria after they lost the election and the Abacha associate was wailing like a toddler on TV

Soyinka, Bakare, Falana flay Jonathan at Lagos protest

Nobel Laureate, Prof. Wole Soyinka, Pastor Tunde Bakare and human rights activist, Mr. Femi Falana, in Lagos on Monday faulted the decision of the Federal Government to remove fuel subsidy, describing the action as anti-people.

They urged President Goodluck Jonathan to rescind his decision to withdrew fuel subsidy, saying he should revert to the N65 pump price.

The trio spoke at a rally to condemn the subsidy withdrawal, which forced Labour to begin an indefinite strike on Monday.

Presidents, Coalition Against Corrupt leaders and Campaign for Democracy, Mr. Debo Adeniran and Dr. Joe Okei-Odumakin including other notable human rights activists and lawyers also spoke in the same vein.

https://dailypost.ng/2012/01/10/soyinka-bakare-falana-flay-jonathan-at-lagos-protest/

Omooba77:
A former Governor of Ekiti State, Dr. Kayode Fayemi, on Tuesday, said the protest that trailed the fuel subsidy removal during the administration of President Goodluck Jonathan in 2012 was due to political interests.

Fayemi said this in his keynote address delivered at a national dialogue organised to celebrate the 60th birthday celebration of the founding National Secretary of Alliance for Democracy and Fellow, Abuja School of Social and Political Thought, Professor Udenta Udenta in Abuja.

The programme was attended by Jonathan, former Minister of Education, Dr. Oby Ezekwesili; former Minister of Aviation, Osita Chidoka, among others.

The PUNCH reports that on January 1, 2012, President Goodluck announced the removal of fuel subsidy and adjusted the pump price of petrol from N65 per litre to N141.

The decision sparked mass protests, tagged ‘Occupy Nigeria’ across major cities of the country.

The price was later re-adjusted to N97, after more than a week of protests.

Petrol price was later reduced to N87 in 2015.

Jonathan faced serious backlash for the fuel price adjustment, especially from leaders of the All Progressives Congress, who were then in different opposition parties, including the defunct Action Congress of Nigeria, Congress for Progressives Congress, All Nigeria Peoples Party, and All Progressive Grand Alliance.

https://punchng.com/breaking-fuel-subsidy-we-played-politics-with-2012-occupy-nigeria-fayemi/

budaatum:
mrvitalis does make a point.

In UK, Fuel duty is currently levied at a flat rate of 52.95p per litre for both petrol and diesel. 20% VAT is then charged on both the duty and the standard price while Nigeria subsidises.

Unleaded is £144.76p. Enough to make one protest if charged in Nigeria. Road tax is £190 per annum.

How is all that equal to 50% tax on TOTAL personal income that he said

mrvitalis:
Those people in that road pay 50% of their income as tax

Would u be ready to pay 50% of your total income to have such roads?

Or you continue the tax u pay now and manage the road u get?

What country has its people paying 50% of their TOTAL personal income as taxes?

List and sources please.

Officialmrt:
Ok,we have heard you.....is that all?

How can that be all for a black man who finds bliss in ignorance, so he can forever wail about racism from people who are wealthier than him with a better welfare society

mrvitalis:
Not yes they did not only them Norway too

It's common in extraction based economy

Norway avoided the Dutch disease as per the article below.

You are yet to answer the question about corruption in Netherlands linked to the Dutch disease and how it compares with corruption here. Can you answer if you can, otherwise I will assume that you know nothing about the subject.

The bonanza could have been catastrophic. When countries focus all of their land, labor and capital in one area, other industries suffer. But Kasim encouraged technological research that achieved 45% extraction–20% more than the average. Norway also was able to use the technology beyond the oil fields. Its spillover helped related industries to develop and grow:

On the spending side, the Norwegian government eventually exhibited considerable discipline. Here, I like to think of Odysseus. Tied to the mast, he could resist the Sirens’ song. Somewhat similarly, Norway limited what it could spend. It said 4% of a normal return was the max it could directly receive. Otherwise oil revenue had to expand domestic production. And when it grew too large for that, they said it had to be used outside the country.

The result? Norway limited its dependence on oil. Yes, it would suffer when oil prices plunged. But still, the country had a buffer.

Below, you can see how the fund invests and compares to others:

Our Bottom Line: Dutch Disease

The oil industry reminds us what a commodity boom can do to an economy when it employs the best land, labor, and capital. As it blossoms, other industries wilt. At home it’s tough for non-oil businesses to pay for increasingly expensive resources. Abroad, a nation’s currency appreciates when international markets clamor for the new commodity. The problems start because that stronger currency makes other exports less attractive.

Then, it gets even worse when other industries disappear and government depends on oil revenue for social welfare spending. When the boom turns to bust, there are no replacement industries to fill the void, government money dries up and the source of consumer spending and incomes contracts. It happened in the Netherlands during the 1960s and ’70s (hence the name Dutch Disease). At this point we can call a windfall a curse.

But not for Norway.

My sources and more: If you read one extra article, do look at what FT columnist Martin Sandbu says about Farouk al-Kasim. From there, the possibilities include this LSE summary of a Norges Bank study and this paper on the origins of Norways’s sovereign wealth fund. Also, Norsk Petroleum had more details on oil revenue.

https://econlife.com/2019/03/norway-avoids-dutch-disease/

oluayebenz:
I don't understand those people.
Kigali is the only city with nice infrastructure, which it can't even compete with Abuja.

Any other city in Rwanda na serious ghetto.

I've been there

Does cholera happen in Kigali as it does in Lagos due to lack of tap water despite years of growing revenue and loans, just like the other 35 states?

What is the ratio of free public schools in Kgali and Rwanda generally compared to Lagos and our country generally

Does Kigali have a similar sanitation problem like the one below?

A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.

The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.

“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.

https://punchng.com/cholera-outbreak-looms-in-lagos-communities-as-residents-use-canal-lagoon-as-toilet/

mrvitalis:
Because Africa Nations depend mostly on resources extraction n recipes for corruption

Read up Norway disease

I guess that you mean the Dutch disease.

Did Netherlands also have significant and widespread corruption when its oil industry dominated the economy to the detriment of its manufacturing sector?
Was corruption in Netherlands then more than what we have in African countries now, and was it more damaging to productivity of the populace generally

Gerrard59:
Corruption is everywhere. There is no corrupt-free society. As Mrvitalis stated, it is our unproductive state - Nigeria is not wealthy enough to embark on certain projects. The focus should be on generating wealth, and capitalism, not the crony type, is the answer.

Is corruption significantly worse and widespread in African countries than other countries

emkz:
I had to reproduce this to remind you that what I said earlier about some of these people are now seen by others. These people need to guide you properly. Your media appearances and some of your tweets have only shown you as desperate.

You had no business threatening our armed forces. That was taking buffoonery too far.

If you are not the buffoon here, why don't you reproduce the words he used that you understood to be a threat to our armed forces?

How is it different from what ThiefNuibu said about protesters and the military in 2012 when APC played politics with the Ojota #OccupyNigeria protests against fuel deregulation, as well as in other protests