₦airaland Forum

For so long  - I thought Nigerians were docile including myself  - and were happy with the case of Suffering and Smiling . A report published earlier stated that " Nigerians were the happiest people in the world  - Still happy even though being ravaged by poverty daily. 

I have seen the coward at the Ojota  - I cant believe it , almost brought ties to my eyes.  Seeing the little organisation here at Ojota  - I believe with the right leadership , Nigeria can be turned arround in under 10 years. People are ready to fall in line. Who is not tired of poverty whilst less than 1% of the population control the common wealth.

If I were a leader of any nation - where the masses are turning against me and my insincere policies  - I would be  very worried and i am not sure i would be able to sleep at night.

I believe the Fear barrier is gradually being broken.

Thank God for the likes of Save Nigeria Group and other similar civil groups who have been able to harness people power int the right direction.

This is now beyond the Labour groups

Jokers

jmaine:
Lol at revolution . . .

Wetin else we go call am

Beaf . Another one of your predictions where you miss it by a mile.  

Fa fa foul
Revolution continues

Bliss4Lyfe:
LMAO!! These people are jokers, a revolution? Wat kind? A Lagos revolution or Boko haram northern revolution? Things in the east and south are back to normal already. It is a Lagos Revolution! SMH

And you know this from 3000 miles - All the best

The First point failure was the consumption figures.  Even the government dont have a figure hence the only figures that suits the 1.3 trillion sham is 35 mIllion per day data.   Any premise to build on  that made up figure no matter how beautiful your calculations look or colorful  your graphs LOOKS the end result is a [size=20pt]massive F9 [/size]

LAGOS, Nigeria Jan 12 (Reuters) - Nigeria's main oil union said on Thursday it would aim to shut down the country's oil and gas production from Sunday, as part of a national strike over a more than doubling of petrol prices.

"We are herby notifying the Federal Government of Nigeria , that PENGASSAN shall be forced to go ahead and apply the bitter option of ordering the systematic shutting down of oil and gas production with effect from , 0000 hours of Sunday Jan 15," the union PENGASSAN, said in a statement. (Reporting by Tim Cocks; Editing by Andrew Heavens)

http://af.reuters.com/article/commoditiesNews/idAFL6E8CC44R20120112

This can't be right. This figures are made up from hell. So far from all the available government data-. Subsidy payments is a combination of interest payments, demurrages, inflated figures, actual imported fuel. The figures supplied by the op is based on so called consumption only.

When I find the document. I will post the link.

Only God knows who will come on top in this propaganda war. Time will tell.

My sources have confirmed that the shut down process has started since Monday, complete halt might happen over the weekend

17 million 4 year old started driving and using generator

ochukoccna:
@dayokanu
NOI said on AIT the 1 trillion jump is bcuz 9ja's population grew from 150 to 167 million between 2007&2011.

4 months later. Everything is swept under carpet.

Lying basta4ds

Omg

TB Joshua in the making

If you also remember, a number of times importers have threatened to stop importing unless government settles their accounts

There is an arrangement btw importers and government,  upon delivery of fuel , government must pay within 90 days, but what you have was typical payments days of almost 200 days.  The agreement also stipulates that I can start charging interests after 90 days. With dollar flucating against Naira everyday the interest payments became astronomical. Importing fuel is big business, you can imagine the big interest payements. All these extra increases happened under Gej, why it happened I don't know

He is very correct - the extra on top of 300b is a makeup of interests payments, inflated figures, demurrage charges.

efisher:
When you shut down the oil, you shut down Nigeria.

The Ultimate game plan -  

With Election comming up in America . Obama will arrive here the next day.  

WTF are they waiting for -

It is unlikely that the protest will fail, what is very likely is a compromise by the government.  Without a compromise , this government will become a sitting duck, just like in the days of IBB and Abacha after masses revolt  It is in  the best interest of this government if it wants to to achieve anything or any of its transformation agenda it much show to be listening government.  Nobody is saying subsidy must continue , but its implementation must be sincere and conducted in a condusive environment. 

In the nigerian context subsidy is like crack and nigerians are addictied to it. Winning Nigeria off the crack without incentives wont work

Femi speaks with facts - how can one get access to these ppra documents - So it looks like the majority of the fuel susidy payment is interest payments

omanzo02:
You just rubbished yourself with your comment, european governments subsidise the farmers that produced crops/rear animals and not the prices in the supermarkets for the consumers, the subsidy for the farmers lowers the price they sells to the supermarkets, do u know how many workers that subsidy will employ to produce those crops?

Animals rearer protested in brussel recently asking for increase in price their milk because the supermarkets increased their price due to inflation, is that consumption?

Same principle with subsidy on petrol  - to lower price and relative to the standard of living  - We have all the seen the 100% increase in cost of everything with wages remaining stagant.  We should be careful not to compare western economics to what we have in Nigeria.   In the Nigerian context everything revolves round oil at this point in time.

Beaf:
So having a social welfare programe and subsidising agriculture is the same as subsidising consumption to some people on NL?
When will Nigerians stop disgracing the country? When will this itk end?

Social welfare and agriculture are productive resources of the economy.

Your government does not provide enough electricity, water, health care, transportation and many others. if you look out this way in the Nigerian context - private electricity generation powers the economy - from the small roadside tailor to the ice block seller -

omanzo02:
Dude,
U should thank God the decision to remove subsidy is coming sooner than later, sensible economy subsidise production and not consumption, We all envy Europe and America, did u think they got there by subsidizing consumption?, it's a waste.

Oloshi - U don prove say u no get brain

Are you aware that there is agric subsidy in Amercia and Europe. You think they can compete with farms in africa and asia without subsidy. The Uk government pays roughly 5 billion pounds yearly to subsidy rail and bus transport network.

Your first class environment must be rubbish.

Phocking parasites -

Makes perfert sence - Kerosine and diesel were deregulated sometime back but we dont have any evidence of surge of investors killing themselves to build anything in Nigeria. From the casestudy you provided above - without government support - private refineries wont be built in Nigeria - It is too captial intensive

This is a made up cable from the camp of GEJ. i have searched the Wikileaks database and cant find any thing  similar.


what length would people go in deceiving the masses.  All it reveals,  is a sign of sinking government trying to hang on at all cost.

Waste of resources. Lowlife scums like bokoharam you cant catch - It is now an oil cabal you want to catch. Sanusi told us earlier that FGN has gotten nothing us cabals. We get paper work signed by government officials that i imported x litres of fuel into your shitty country. Like the Dbanj said " Pay me my money "

Phocking Yaribas  and almarijis

The pest that is destroying the vegetable is definitely residing in the vegetable. illiteracy is a disease, Poor misery souls - Whilst the one they support  had a 3 million naira meal yesterday

mikeansy:
Beaf

Tell your Oga to reverse fuel subsidy so that this people can come out of their shell and declare their true loyalty to Boko Haram.

Right now you have innocent naive people causing confusion alonside people who were looking for every opportunity to cause confusion anyway because the man from the wrong tribe is in power!

Reverse fuel subsidy removal, if the economy will crash so be it. Dont give them an opportunity to mask their anger on a legitimate cause.

Please no war. I rather live under corruption than war. You people don't know the magnitude of what you are all wishing.

Lagos - The commercial heart beat of Nigeria is ready to soldier on.  If Lagos snizzes - every other states catches a cold

ekt_bear:
He is right. Do the math.

You cant conclude based on the above result . You can do wonders with that 2 million daily sales to the Human capital of any nation . That is where the power lies

Protest is definitely gathering momentum  - Some us of monitoring the financial aspect.   

1 Interbank lending is almost down - but not completly down
2 Stock exchange 30% trading
3 - Shut down of oil wells  will be icing on the cake.  (  The game changer -  the Dumb and deaf government  - will recieve an earing and seeing miracle)


Nigeria's main oil union said Tuesday a nationwide strike on scrapping fuel subsidies will disrupt oil output and exports in Africa's biggest producer if the government fails to open dialogue on restoring the fuel subsidy.
Pengassan's secretary general Bayo Olowsihile said workers have already failed to show up at offices of several oil companies and that his union was in talks with its blue-collar counterpart Nupeng on "bringing down the platforms and production levels."

"We had hoped the government would bow down but that does not seem to be its line of action," Olowshile said.

A spokesman for Shell said the strike has had no impact on its operations so far but said the company was monitoring the situation.

Nigeria Labor Congress deputy president Promise Adewusi earlier Tuesday said parts of the oil sector could be shut down if the strike con[b]tinues.

"The process to shut down the upstream sector began yesterday [Monday] and by today [Tuesday] we may complete the shut down," he said.[/b]

State-owned Nigerian National Petroleum Corporation's spokesman Levi Ajuonuma was unable to confirm reports that loadings at some ports have been affected. "There has been no impact on oil production for now," he said.

Abuja-based Ajuonuma said oil minister Diezani Alison-Madueke had today held several meetings with industry stakeholders to discuss the crisis.

Nigeria's government announced January 1 that subsidies on imports of petroleum products would end immediately, more than doubling the price of gasoline to about Naira 150 ($0.93) a liter.

The government estimates it will save $6 billion this year by eliminating the subsidy and said the money will be invested in education and infrastructure.

Economic activities in most parts of the country were paralyzed Monday as the majority of banks and filling stations did not open for business.

http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/8780095