₦airaland Forum

nairalanda1:
Consumption subsides for all, dear boy.

nairalanda1:
Consumption subsides.

Zehdbe:
wetin make you believe say na fulani herdsmen

nairalanda1:
USA

1.Taxes people more and has a higher income from taxes. Not like Nigeria where effectively only 30% of the nation is taxed.

2.USA has a diversifed economy. As a result, revenue from company tax is very very high among other things. Again, income tax revenue is high

3. Consumption subsides are for the poorest of the poor, not to ensure that every American buys gas at fifty cents per gallon. And the poor are means tested to see if they qualify. Not like Nigeria where everyone gets a subsidy...leading to the rich benefiting more than the poor.

4. Refineries are run profitably, which means...no subsidy

5.Finally, prices are going up in the USA too...no subsidy needed.

USA does release oil from their strategic reserve, which is the only way they can sanely reduce fuel prices.

Ayomid3h:
$7 per litre in USA

Keep blaming tinubu

nairalanda1:
Have I said otherwise?

Specifically, consumption subsides. And I don't need to explain why it is bad to you, because you guys on this site don't see it, until it suits you.

Yes, both sides.

Good morning.

wellmax:
Comprehension is a big challenge for some people here. Keep ranting

nairalanda1:


You know when I say you guys and the apc guys are alike, I am right?

You both want subsidy on fuel. You both use the antisubsidy argument when it suits you. , and ye both drop it when it doesn't.

As for me, I don't. If it is affecting Nigeria badly, I no gree.

At least I can say that APC has failed though, but even if they did well, or if Obi came into office in 2023, unless every Nigerian was paying half their income in tax, forget subsidy.

Unless you want to build refineries run by prisioners at all levels. No one gets paid, and you save the money which can be used for Nigeria.

nairalanda1:
Retaining subsidy was not good intention...it was bad intention, whoever did it..be it buhari, gej, obasanjo, etc.

And even good intention...you know what the old proverb says...the road to gehenna is paved with good intentions.

Subsidy should have gone in 1993, when we was warned. People then said no. By 1994, a TAM for the refinery was missed. That was the begining of the end. By 2012, we were refining 91000 bpd , down from 400000 bpd in 1990.

There is no good intention in subsidy. Even if we brought it back now, and tried to knock down prices, it would eat about two thirds of our income. GEJ Keeping it out of good intentions drove us into more debt, and near drained our revenues.

Not that Buhari or tinubu were better. Tinubu was forced to remove it because IMF won't led us no more money or help.

nairalanda1:
You know that GEJ wanted to remove subsidy in 2011...because the rise in crude prices from 91 dollars in 2010 to 110 and above in 2011 meant that subsidy costs jumped up three times as a result.

That meant that most government revenue was being eaten by subsidy and borrowing was increasing

Your comment indicates that you thought that tinubu and buhari were right in 2012 to oppose subsidy.

Raf4:
Which other tax is he being charged that never existed b4? Mention the so called tax.

phemray:
Funny you, Obi that openly support IPOB/ ESN killings calling it mere agitation and they are in his family. Obi will definitely legalised and commercialised Terrorism in Nigeria to generate more income in his own way of reasoning . Same was he openly support Catholic against Anglican as a sitting governor. It's unfortunate that SE has never has a credible leadership

Fiscus105:
Did you read it to the end, where they said, THEY KNOW THAT MANY OF THE CRUDE ALREADY HAS INTERNATIONAL COMMITMENT? that is, the previous govt already sold it out in debt?

Anyway, one needs to wail in other to reduce toxic from body.

meditator:
Obi that couldn't contain small conflicts in Labour party and ran away. Is it Boko Haram that he want to come and handle. Let him handle IPOB terrorists first like Soludo is doing.

BATified2023:
I know u will never answer.

Either u like it or not, nothing like electronic transformation

kolaaderin:
Alot better than Obi, Visionary and strategic developmental planning succession by succession . Anambra has zero record trailed back to Obi tenor at Government house. That is a lot different to be admire of a man call Tinubu. Without his vision, Dangote refinery may not be here as we have it. Disagree with your keyboard not me.

WizardOfNG:
He is right though. Your not bright at all. If humble, ambitious and truly seeking to better yourself then you'd learn from others instead of arguing ignorantly and senselessly.

I don't know how anyone with averagely okay intellect can believe conflict in the middle East, a major hub of petrol and crude supply to the world, is going to spare Nigeria.

Our oil and gas downstream sector is fully deregulated meaning Nigerians with the means can import PMS into Nigeria and Dangote too can sell PMS at prices he desires as a private business with the caveat that full deregulation frees the government of the punitive and financially draining burden of fuel subsidy and will beneficially spark healthy competition that will thrive PMS price down.

Now, with conflict in the middle East, our importers pay more to bring us PMS and they must therefore charge you more.

Dangote too must charge more because he imports crude, as he cannot get the quantity he needs from FG, so he will be affected by global hike in price of crude.

He must also sell PMS , for purely business and profit reasons, around the price his competitors do. They cannot sell at 1050 Naira and you expect Dangote.to sell at 730 Naira.

To then be lashing out at Government and Tinubu, as many have done on this thread, is sad for knowledgeable folks to witness because it is worrying you don't even know why fuel cost has gone up which means you are probably unfairly and ignorantly blaming the government for a myriad of things not Tinubu or the APC's fault as virtually Obidients do.

BATified2023:
we know u people well

Just call a name

Who should b held responsible if starlinks fail on election day?


Starlinks
Tinubu
Inec
Senate


I have make it easy for u but u will still want to b mischievous, see ehn Nigerians have seen through u lots n we know your plan

U know for sure u will fail so u are looking for the worst thing the government can do so u can pin your failure in it.


I need not waste time on u self, if abaribe n obi could b asked this question n they have no answer to it, shey na u go come get answer.

All in all, just know say u people don cast n Nigerians knows how to handle u lots

jamafa:
You b confirm Olodo

This is not fault of government

benardtotti:
Rest bro ! Obi is good at saving , tinubu is good at growing an economy which is what builds a nation in the long run, except if you have reading and comprehension issues the summary clearly shows the strength of both individuals and it reflects in their style of governance, obi doesn't beleive in spending on infrastructure and it reflects on the indices , tinubu believes in growing revenue so that capital and industrial development can be achieved and lagos is a perfect example of what he was able to achieve, so rest bro , it doesn't matter how many times you put that your screenshot it will not make obi president. You guys should stop this online clout and go and work on your party to deliver results.
Tinubu is already president and has achieved his ambition .

RexTramadol1:
In all truth, the network providers are bluffing.


The best network of the worst provider is probably MTN, they are full of crap and we all know it except we just want to keep deceiving ourselves.

Undisputed147:
What you said doesn't make any sense honestly

creativejagaban:
We know what we were saying when we said you will wail till 2031.

We can't help your condition. It is a given. Wailing is your Destiny

Have you checked on Elrufai, malami and Kanu in custody

@CityBoyMovement
#CityBoyMovement

Tinubu till 2031.

simpleseyi:
.

Crying and weeping are your Constitutional rights. We will not take those rights from you. So you can continue to cry, to wail and to weep and roll in the mud, Tinubu will handover to his anointed successor in 2031. So, cry well well if you don’t know that war in the Middle East translates to high price of petroleum products

Alsenora:
This has nothing to do with Nigerian politics or the politicians anyone voted into power. It is simply the economic fallout of ongoing war in the Middle East pls.

BATified2023:
guy leave story n answer my question

If starlinks fails on election day

Who would b accountable for it?

BATified2023:
oga leave story

Starlinks failed twitter couple times


What if starlinks fails on election day, what will happen?


This is the only question everyone is asking u people but u refuse to answer, I know for sure u won't answer this but still avoid d question