₦airaland Forum

What is the ownership structure of the company? It should be made public pls.

Guy, that money will finish cos you obviously siphoned that money off your parents or relatives, if you legit earned that money with your skill/work, it's obvious that the normal cause of action is to relocate to a similar environment and continue your legit hustle, anyway go and learn a trade or digital skills that you love.

omohayek:
You're no different from the rest of the Nigerians you criticise, in that you want to have your cake and eat it too. Where exactly do you expect the money to "repair the refineries" to come from, let alone to also "build more modern and efficient ones", when debt servicing alone is already consuming all of the FG revenues before fuel subsidies even come into the picture?

I'd say 99% of Nigerians are living in a state of delusion at this time - the abolition of fuel subsidies isn't some kind of "choice" that Tinubu is making out of cruelty or greed, it's a reality forced on the FG by the fact that they've run out of people to lend them money to throw away on subsidising fuel for all of West Africa. For current creditors to roll over their loans, getting rid of the subsidies is a requirement, and if it isn't met Nigeria will almost certainly be forced into default, meaning it will be cut off from international bond markets for a decade or more. If that happens, the only option left will be either

(1) going to the IMF cap-in-hand, and agreeing to whatever terms the IMF insists on, or
(2) drastically cutting domestic expenditure to force the books to balance, causing a recession so harsh the worst of the Buhari years will seem like paradise in comparison, or
(3) printing ever more money to try to cover its obligations, leading to new wage demands and yet more printing of paper. This too ends in an almighty crash and a recession that could see the economy shrink 20% or more.

Note that option 1 (going to the IMF) is actually the least terrible, contrary to what paranoid Nigerians might fear, but even that will still entail swallowing a lot more bitter medicine than simply abolishing the fuel subsidies. At the very least, it would mean radical privatisation across the board, abolition of most protectionist measures and tariff barriers, and vast layoffs in the public sector to bring down the FG wage bill. All of these measures are good for growth in the long-term, but they will hurt badly in the first few years as millions of Nigerians currently living off FG oil revenue while pretending to "work" are forced into a private sector where you only earn as much value you truly contribute.

Nigerians need to wake up. This is the best deal you're all going to get in the current financial environment.

you are too dumb to argue with.

All those people should just come and live in Nigeria for 6 months, then go climb the mountain, it will be a child's play to them. Living in Nigeria is the ultimate challenge in the world.

Except you are going back to your father's house, any other thing is just free yourself to fvck around and use the money to feed your kids cos anything you want to do, you can do in your husband's house except fvcking around.

How the price of cars crash when we don't produce them in Nigeria?
Example.. Toyota Corolla is 10k dollars, shipping is 2k dollars, clearing and reg is 500k naira, so you think any of those prices will reduce cos fuel price increase? I don't think Toyota or Honda will reduce price of cars cos price of fuel increase in Nigeria.

Begging don start, with d work wey supposed dey ground for any serious appointee, Dem need prayers not congratulatory massages

Solofresh2:
I don't blame them,I blame the economy we have.If the Nigerian economy had been good,things won't be that way

nothing concern economy for this matter, girls normally no get brain, dem ogas wife wey gateman dey fvck, na economy dey cause am?

This is in the east where they believe that money must be made, both police and civilians compete in who fit comit crime pass. You can never find or see kind of rubbish in the North, check those policemen, na igbo policemen.

udede:
Shebi na this man that the thiefing GTB wanted to intimidate with Dss after stealing billions from him. Any way, he showed them what it means to know your onions and garlic
Igbo people don suffer for Nigeria.

how did the case end?

Corridon:
Only in Tinubu's illegitimate regime. We now have the office of the first daughter and first son too. Next will be the office of the first driver and security.

including the office of the first top abgero

Rubbish and nonsense everywhere, increase expenses and salary at the same time to cancel each other, who is fooling who? Repair the refinaries and build more modern and efficient ones, but no way, cos the God corruption must drink the blood and sufferings of nigerians. Thunder fire una.

First kwara, then Edo, reduced work time, meaning less productivity however, this is the first time am seeing less production and more money. This shows that everyone above 21 years can be paid 50k without doing any work.

AntiChristian:
It will get better for me biqudratillah!

Na mumu go expect things to get better under the same party.

She go for marathon fvcking and she is back, am sure the quarrel with her aunt is about fvcking around, she can be an Astro physicist, doesn't mean she doesn't fvck....or swear on your life that she is a virgin. Yeah...I thought so too. E no concern me sha

Bunch of hungry old men, shameful how a small boy of a thug is rubbishing all of them.

Lamba

Fvcking tout.

NzogbuNzogbu:
keep deceiving yourself because you wan support tinubu

Shey the private sector na their teeth dey coordinate their activities or government

civil service in Nigeria is total nonsense, state and local government is even worse, it's even the nonsensical civil service that is 50% of the country's problem.

BigBlackPreek:
money wey you for collect

Who don die, don die be that o

na your type fituse dia mama for ritual

Don't Nigerian trade unions have anny other weapon other than strikes?

ImmaculateJOE:
First, he didn't actually won the guber election,
Second, he submitted a forged NYSC cert..

He can't survive this..

he will survive it, no be naija we dey

Hediots, what they couldn't do in 8 years, they are promising to do in 6 months.

Nigeria problem no be wetin Dem go face with smiling face.

Vboot1:
What is the role of state chief of protocol?

chopping money.

Govts don't create jobs, they rather make the economy and country very condusive and robust for small and medium scale businesses to grow and thrive.

Am doing Thanksgiving for surviving the buhari apocalypse.

Creamcrest:
Crypto is a scam,we have warned you dickheads several times.

Where are those shitcoins that promised to turn people into billionaires overnight?

it's not scam, just that the concept is too much for you to wrap your head around it.

CondenseMilk:
Does her Mom also control her when una wan do?

of cause she does, such women usually teaches thier daughters how to use sec as a weapon against men.

I simply don't believe that anybody have the capacity of walking around with over 7 billion naira in cash at this time of still recovering from the naira note rubbish.