₦airaland Forum

InfoGuru118:
https://news360ng.com/just-in-new-governance-model-bill-to-be-submitted-to-tinubu-friday/

You want to incorporate the Yoruba speaking parts into the Western region but leave out the Igbo speaking in other states.

No be juju be that

This is the Eastern region
Ndiara

Toeyota:
The first one is Igbo Nation and the next 3 are Ijaw Nation.

Has Nigeria split that ur drawing map and na Ijaw own funny pls join urselves as a region who get time for small nations
If ijaw take bayesla and warri what if urhobo and

Toeyota:
Release him.
We the Ijaws want him released too..
He is fighting for his people the way we fight for our people on Ijaw Nation otherwise known as Ijaw Republic.


General Ditari the Ijaw Republic leader is still free till today.
Just like Sunday Igboho.

U dey draw map, who will give a small ijaw a nation. If Naija split get ready to be joined. U want Kanu released but u think his Biafra recognized Ijaw nation.

postbox:
SOURCE:https://brandspurng.com/2024/01/02/nigeria-aims-to-raise-oil-condensates-output-to-2-6-mln-bpd-by-2026/

Leave oil and gas focus on manpower, let us invest in education like japan. FG leave oil until it finish look at SS almost all the land is polluted.

Hadeylex:
The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol.

This came against the backdrop of the depreciation of the naira against the United States dollar at both the official Investors & Exporters Window and the parallel market.

On Tuesday, the local currency closed at 998/dollar at the official market, while it traded at 1,225/dollar at the black market.

On the back of the falling naira rate, economists and oil marketers said PMS subsidy was increasing in recent times, but the NNPC quickly countered these positions and declared that it was recovering its full cost on the importation of Premium Motor Spirit, popularly called petrol, countering the positions of

The Chief Executive Officer, Financial Derivatives Company, Bismarck Rewane, had during a live television programme on ChannelsTV on Sunday, explained that fuel subsidy was not removed but reduced.

Similarly, oil marketers told our correspondent on Tuesday that subsidy on petrol was increasing considering the crash of the naira against the United States dollar and the cost of crude oil, stressing that PMS should sell for N1,200/litre in a free market.

Petrol, which is solely imported into Nigeria by the NNPCL, currently sells for between N617/litre to N660/litre, depending on the location of purchase in Nigeria.

Also speaking on the matter, the Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said there was partial subsidy on petrol, but noted that the commodity was subsidised by the government for political, social and economic reasons.

Full cost recovery

But when contacted, the Chief Corporate Communications Officer, NNPCL, Olufemi Soneye, described the positions of economists and marketers as assumptions, and insisted that the Federal Government had stopped subsidy on petrol.

President Bola Tinubu had during his inaugural speech on May 29, 2023, declared that subsidy on petrol was gone, a declaration that was effectively implemented the next day by NNPCL.

Before Tinubu’s declaration, the pump price of petrol was below N190/litre, but it jumped to over N500/litre after the President’s statement, and moved up again to over N600/litre a few weeks later.

Asked to state if the NNPCL, being Nigeria’s sole importer of petrol, subsidising the commodity as posited by dealers and experts, the oil firm’s CCCO replied, “We prioritise our time on substantive matters rather than responding to assumptions.

“At NNPC Ltd, we prioritise national development through energy security and sustainable growth. We reiterate that the Nigerian government does not pay subsidy on fuel; we recover full costs from our imported products.

“As a global energy company, our focus remains on fostering a vibrant and energy-secure Nigeria.”

‘Subsidy reduced’

Rewane had earlier explained that subsidy on petrol was reduced and not removed, while featuring on a live television programme on Sunday evening, as he further highlighted the effects of the reduction in fuel subsidy and how it was affecting salary earners in Nigeria.

He said, “At the inauguration, it was said that (fuel) subsidy was gone but subsidy was actually reduced.”

Buttressing his position, he explained, “There is the convergence of exchange rates and reducing the windows into one. The consequence of that is that money has been transferred from consumers to the government.

“Subsidies are reversed taxes; if you reduce them, you increase the people’s taxes and reduce their income. What has happened is that government revenue has increased by 44 per cent between May and June (2023). Money has been transferred to the government but what is the government doing with it?

“The consumers, on the other hand, had a minimum wage, which in dollar terms was $40 in 2002. In 2019, it was about $70, but it has now been reduced to $24.”

Marketers project N1,200/litre

The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, stated that subsidy on petrol was rising and that the cost of the commodity should be around N1,200/litre in a free market.

“To be pragmatic in this analysis let’s consider the cost of petrol today in the United States. For premium petrol, it is $2.99, while super petrol sells for $3.15 or $3.10 depending on the part of that country where you are making the purchase.

“Now, $3 in Nigeria is over N3,000, because a dollar in the parallel market is over N1,000. You can also see the cost of diesel, that is over N1,000/litre, and it is important to state that petrol is usually higher in price than diesel in a free market.

“So if you consider the cost of diesel, dollar and other international factors, the price of petrol in Nigeria should be around N1,200/litre, but the government is subsidising it, which to an extent is understandable,” he stated.

Ukadike noted that he had earlier explained that the government was implementing quasi-subsidy, and by this it means that “the Federal Government, instead of taking out the subsidy by 100 per cent, decides to take out about 50 per cent.”

The IPMAN official, however, expressed optimism again that the cost of refined petroleum products would reduce as soon as the Port Harcourt and Dangote refineries start producing the commodities.

“I also believe that there will be a reduction in the prices of petroleum products this year when you consider what the government is currently doing. The coming onboard of the Port Harcourt refinery and the supply of crude to Dangote refinery are good developments in the sector.

“Their operations will help stabilise the price of PMS and other petroleum products in Nigeria, because it will definitely cut down the importation of products,” Ukadike stated.

Social, economic reasons

The Centre for the Promotion of Private Enterprise CEO said subsidy was being retained partially because of its economic, social and political implications.

Yusuf said, “To protect the citizens from further hardship is the reason why the government seems to have applied the brakes on subsidy removal. We are all witnesses to the pain and hardship that citizens are going through.

“So when you are adopting some of these policies, especially these liberal economic policies, it comes to a point where you have to moderate your position for social reasons.

“Just as the World Bank said, if we want to leave the price fully to market forces and the liberal economic policies, the fuel price will be above N800/litre. Can any government that is sensitive to the feelings of its citizens allow that to happen?

“Even if economically that is the way to go, there must always be a human face to economics. So what the government has done is to moderate the reform, and that is why I think the government has insisted that the NNPC should still hold the price at the current level.”

Yusuf noted that the government must balance the gains and side effects of subsidy, stressing that economic hardship may worsen should subsidy be removed 100 per cent.

“All of us who were saying that they should remove the subsidy, we can see that they have partially removed it now, but look at the consequences. Economically it will sound good, but socially and politically it is very costly.

“So those in government need to balance all those considerations. They need to balance economic, political and social considerations. That is why we find ourselves in a situation where we have partial subsidies, both in petrol and electricity,” he stated.

The World Bank had stated in December that subsidy on petrol was still being implemented by the Federal Government, as it insisted that the cost of PMS should not be less than N750/litre if there was no subsidy.

Naira at N988/$

The naira closed at N988.46/$ on the first day of official trading on the Investors and Exporters Window on Tuesday.

This is an 8.97 per cent decline from the N907.11/$ it closed trading on Friday (the last day of official trading for 2023) according to data from the FMDQ Securities Exchange. This continues a worrying trend for the naira which was one of the worst performing currencies of 2023.

According to Bloomberg, the naira had one of its worst years in 2023, a title that 2024 might usurp. It noted that the national currency lost about 55 per cent of its value as of Thursday 28, 2023.

Based on Kyle Chapman, FX markets analyst at London-based Ballinger & Co, the naira was the third worst-performing global currency in 2023 due to a backlog of unsettled forwards, undelivered promises of dollar inflows, and a two-decade peak in inflation.

Chapman said, “The naira’s downward momentum is likely to continue through much of 2024, and its ultimate trajectory will depend on whether the CBN’s rhetoric transforms into concrete policy moves that drive up the flow of US dollars into Nigeria and shore up trust in the official market.

“If the CBN’s promised measures materialise and Tinubu’s government enacts structural changes to increase oil production or to drive foreign investment, there is plenty of opportunity for the naira to lift from its record lows. But a quick fix is unlikely, and further depreciation will come to counteract supply and demand imbalances.”

In its December Nigeria Development Update, the World Bank noted that naira had depreciated against the US dollar by 41 per cent in the official market and by 30 per cent in the parallel market. It noted that the naira needs increased volume to stabilise in the official market.

It said, “Further monetary policy tightening is expected to help underpin the value of the naira. However, there is also a need to increase FX supply in the market. Facilitating FX flows, especially from all exports, through the NAFEM can help provide additional volumes in the official window that can help provide stability.

“In addition, clarity on the CBN’s net reserve position, and on the CBN’s continued progress in clearing the FX backlog, would also strengthen market confidence.”...

https://punchng.com/nnpcl-marketers-clash-over-subsidy-operators-peg-petrol-at-n1200-litre/

Aswear to defend this government hard ooo. Agbadorians una dey try.

adamusuleiman1:
As of 1963, Chief Michael Okpara had to introduce harsh fines to stop Eastern Nigerians from coming to markets in Enugu and other towns in Igboland butt naked.

Can Chief Emmanuel Iwuanyanwu please explain how it is possible for a people at that level of civilisation in 1963, a mere sixty years ago, to have travelled to Lagos only to meet it as a swamp that they developed to its present level of development today?

I ask this because even from the one thousand year old Ife Bronzes, now in the British Museum, London,

Yoruba people were depicted fully clothed. So, how can naked people develop fully clothed people?

If u read well, this page talk about the Congolese

All of terrorist supporters get ready for the next news of their death no they play with Igbo man we aren't cowards

I pity these politician, these is what una want Nigerians to hate eachother. I swear this one need serious attention oooo

No seccesion, 😂😂😂😂. See how Biafra dey fear this man. Well let see if Naija can stay together for the next 10yrs. Already groups dey call for regionalism.
Simon Ekpa na clout chaser, MNK na violent figther. Let me tell una the person we go split this nation dey for don born am.

Na this be like the reason I salute Igbos, ndigbo una welldone. Tribe of the brave, fulani no fit mess with una.

Hmm, so na obidients prayers make Buhari to fail. This werey is just giving his tribe bad name. Abi where was he during certificate issues.

SMoh247:




I pity you Ijebu people

You want to leave Tropical southwest Nigeria land of honey and milk to desert middle east landlocked Middle east



.

Is there any state in SW no can the whole SE not to talk of Nigeria compete with any Middle east country

It seem some Christian are blind to the truth, as an Igbo man I support Hamas bcus na every freedom fighter be terrorist e.g. IPOB Isreal caused this shit, just recently they destroyed a worship center.

Somepeople they fear Ipob bcus if they follow this path they will succed, before u tag me Ipob i am not. After them na SS go follow. 😁😁 I want to see if Yorobs and Hausa fit stay together for One minute. Instead of them to negotiate with them and resolve it them dey say go. Na Yorobs christain i pity u na never see shege

LeoDeKing:
God bless PBAT
God bless VP Shettima
God bless the minister of FCT, Nysome Wike
God bless SW SS NW NE and NC
Long live the Fed Rep of Nigeria

Na my own I talk so, you are free to say your own and you don't have to quote to do that.

Ur right SE is now Biafra, u see why Naija no fit grow make u na continue nothing last forever

garfield1:
Tinubu has captured the votes of the middle belt

To win election u need 2 of the major tribes the rest won't matter. So if Tinubu piss Northern muslims like how they say they teach Igbos lesson u wan Yoruba to learn theirs

20-25 yrs, so if Igbos fight fir their right their enemies u people keep blaming Igbos for ojukwu mistake. If the want Nigeria problem, if its Biafra problem. Simple let them go, anything can happen btwn 20-25 yrs even extinction of humans so don't predict anything.

Truth be told, Igbos and Yorubas were waiting to blast whoever the offender tribes is 😁😁 e shock them husband and wife

leokid866:
we have no problem with Biafra as long as it's not on Nigerian soil.....maybe try Cameroon

Ode, so SE is ur land mumu man. Come east talk that crap. It just bcuz majority of Igbos believe in Nigeria if not...

post=125586165:
Slow and steady we will get to the nation of our dreams.

A land flowing with milk and honey.

Nigeria will be great in our lifetime,
Whether the evil ones like it or not.

Nigeria will split in ur lifetime, and 5 flags will emerge

So no Igbo based lawyer, well after Bat is decleared winner Igbos( my people) will lose that tiny hope on Nigeria and embrace Biafra bcuz na ur only hope it is

See how everyone dey warn obidients forgetting Atikultes, na so den fear us like this ooo, Tinubu don run e dey fear, Them know we are not cowards unlike agbadorians( IBB). I pray we split tomorrow

AsomughaChuks05:
I disagree with the learned SAN. Every parent has the right to name their child. The British created Nigeria as a country and have a right to name it. Without the British, there would be no Nigeria. To discard the name Nigeria means you might as well dismember the country. That is unacceptable to the majority of Nigerians who fought a brutal civil war to keep the country together. The problem of Nigeria is not in its name but in corrupt citizens who are majority in the country.

Point of correction Hausa and Yoruba fought the Igbos to keep their zoo. Besides our name na Biafra, Arewa, Oduduwa and United niger delta

ejimatic:
Thank you for your post! Let me ask:
Were you born in 1966? When you there when they were planning the coup? More importantly how many IGBOS die during the coup? How many Yorubas die? How many Hausas die?
I advise you go back and trace history very well. You will see that 1966 January Coup had many Hausas soldiers as causalities and an Igbo became the Head of State It is therefore tagged a coup planned by the IGBOS against Hausas. Who became the president after the coup ? Agui Ironsi! In order to deface Igbos from the coup another person should have been made Head of State and be promoted immediately as they did for Abdusalam in 1999.
The Hausas in the military saw it all ,No wonder they struck back in July same year leading to the death of many IGBOS in the North and the take over of government.
Till today , regrettably the IGBOS are still paying back for the 1966 coup and the Biafra episode.
I am Yoruba .I love IGBOS and Hausas. However I always say for an Igbo to be the Nigerian president a lot of ground work must be done. It is not as easy as that. Consultation and realignment are needed.The trust in IGBOS must be rebuilt in the hearts of Hausas.
This is a bitter truth that my Igbo friends don't want to hear. Igbo presidency is a mirage for now!

Igbos will leave, if u love us pray for Biafra

For me this is the only reason I like IPOB and ESN

Outcome list

1. Igbos and south south tribes ( bcuz u don't know the difference) with some fair skinned Yoruba ( bcuz some Igbos can speak yoruba) will be a target for destruction mostly in Southwerstern state

2. Possible declaration of Biafra( only SE States) or a United country with SS

3. Destruction of SW states like Lagos with Igbos having a high population as damages will not be one-sided

4. Retailation in SW tribes in SE and AS

5. Declaration of state of emergency

6. Possible and agreement of peace or a 2nd civil war

7. Peter Obi may be assassinated

8. Conflict ensues , a military take over ( possibly North bcuz they have Atiku and kwankoso and they can't pick a side)

9. Foreign powers picking their side's (mostly with the oil and gas region)

10. Nigeria loses all it's industries

11. A victor or A vanquished

If u feel Obi winning means nothing u are a fool , This election brought out 3 candidates out of the 3 major tribes so removing Tinubu is like spitting on the Yoruba face .

What might happen if Obi is not well
1. A protest but and end sars murder may repeat

2. Still leads to fight

What of Atiku
Nigeria remains together

I don't support Atiku but he is the only option for Nigeria's peace.

ISLAMBAD:
I thought IPOBS are the ones dividing yorubas along religious lines with the tag " Yoruba Muslim" , that Yoruba is Yoruba, that religion doesn't matter in SW ?


Self deceit/denial is the worst thing a man can do to himself

That's one of the biggest reason Oduduwa nation will fail. They aren't united and that's why they want naija together. Muslim Yoruba make up to 75% of Yorubas in Nigeria.

Pakute:
Ipob losers who were hailing shimamanda for writing a letter to Biden to save them being a 4th class citizen are here calling someme else a US puppet.. God abeg o!. People wey hate niger when their brother buhari dey for power, na dem come dey carry yansh set for niger people to dey bleep, Lol. There's only one region where hate & bitterness dey gather dey play champions league,

I pity u, gen z we never see bomb attack. We all should support bad thing bcus tinubu na kinsman. Please check Ukraine
war and see how everything is scattered

Darren95:
The South South Region is ready for regional govt, resource control and state police!

Is the South West also ready?

Is the South East also ready?

Is the North Central ready?

Is the North West ready?

Is the North East ready?

Regional govt >
State Police >
Resource control >

God bless Niger Delta

God bless Nigeria!

So minority won form region, if naija an be suffering of tribalism u bet Niger delta won't last the only tribes capable of forming are the 3 major tribes una waste ur time

yarimo:
President TINUBU is too soft for Obidients fools

Normally westerners are cowards, IBB don talk am before. The only tribe we fit go toe to toe with Igbos na Hausa the rest na counterfeit.

Enjoy ur 4yrs by 2027 tinubu will leave
Coup or Seccesion , e go still benefit us