₦airaland Forum

immortalcrown:
What he avoided during his campaign.

Did he not win? Did Monday not win EDO despite blanking Arise TV? People who win elections understand their electorate and dont pander to the hostile minority who don’t determine outcomes. All the english speaking wannabes are less than 10% of the population but you ascribe to yourselves more importance in the democratic process than the reality. APC knows the votes are in the villages and rural communities and they don’t watch Arise TV. What did it benefit Obi in the end attending English speaking interviews and debates to appease the pretentious 10% most of whom don’t come out to vote?

When you win (it is only the person who wins the election that can have presidential media parleys). You can talk to them.

Sentiment and emotions do not win elections. Tinubu is holding presidential media parley, Obi is making himself a nuisance on Twitter to remain relevant.

The day we introduced "paliatives" into our lexicography was a sad day for the country.

This is not due to hunger but a reflection of the Nigerian pysche or disorderliness.

Was there not a disgraceful stampede by lawyers (of all people) for gifts at the NBA conference in 2023? Was that hunger or the pysche of the typical Nigerian on display at all strata of society ?

RealLordZeus:

@74usd per barrel of Brent crude,

Price of Petrol per litre should be around #850 using #1700 as exchange
Let the neck pressing continue..
I sha no wan hear say there is loss from NNPC

159 ltrs sold at 74 usd (infact it's currently 72.5)
Do the maths again
A ltr will be around 47 cents
Add refining fee and logistics and multiply by 1700

grandstar:
1f 159 litres make a barrel, how can a litre of petrol sell for N850 at 1,700 exchange rate? It isn't possible.

Both your calculations are wrong because you are both assuming (wrongly) that the only products you get from a barrel of crude is PMS. You are also assuming that the 159 liters is PMS it isn’t. 159litres is the amount of crude in a barrel not the amount of PMS in a barrel. You get diesel, lpfo, kerosene, jet fuel lubricants etc from the 159 liters in a barrel of Oil.

The amount of PMS you get from a barrel depends on the refinery. But generally it is between 42-47% or about 68-74 liters of PMS. An old refinery like PH will produce less than a modern refinery like Dangote.

Everything this attention seeking man must comment on, meanwhile On the matter of Simon Ekpa…..no comment!

Animegirl:
I have a burning passion to become a wealthy and successful woman, but I'm worried that getting married and having children might force me to put my dreams on hold. I'm concerned that I won't be able to balance family life with my personal ambitions. Furthermore, the societal pressures in Nigeria, combined with the constraints of time and age, are making me feel like I'm already at a disadvantage. My desire for success is strong, but I'm fearful that having a family might mean sacrificing my dreams.

I'm really scared.

You can’t have everything in life…no one does. Choose the one you will not regret. As a woman I will advise you prioritize family and children. That is Gods purpose for women. Trust me career success as a woman will come at great cost to you (or your children) because it is not the natural path for a woman. People may admire and applaud you if you reach great career heights as a woman but you will bear the pain of choosing career over family in private.

Yankee101:
It means bringing down prices by 19%
Stop giving Nigerians false hope

Stop displaying your stark ignorance for the world to see! Many of you don’t know what inflation is.

N100 to N135 in 2024 is 35% inflation. N135 to N155 in 2025 is 15% inflation! Prices don’t have to fall for inflation to fall. All it means is that the rate of increase in prices will fall!

If only you had good education you would know this. This is o level economics.

Is that figure of 6.7B of reserves accurate? Our entire proven reserves are 37b. Surely Shell can’t be selling 6.7B of that for $1.5b?

Kelklein:
The new Bill is actually to ensure that VAT is not paid at source but where Consumption takes place.. it would ensure that these states don't look as pathetic as they look above compared to Lagos..

But the Joker is.. the state would get more but Lagos would get even more than stated above.

The idea is to get the state governors work even harder.. now all they do is sit back, wait for FAAC and wait for the President to use them to get votes for Presidential election.

i think may of them will still be as pathetic but the difference would be that their ability to increase revenue from VAT would be in their hands.

Take MTN for example. If you improve the climate in your state and attract more residents with need for communications infrastructure than that VAT from MTN will be under you control. So as an example if you are able to attract a data center to your state and other companies in the country pay that data center VAT for data storage services in your state then you get the VAT because the storage service is rendered in your state. What this means is that states will be competing to attract such a business to their states.

Hopefully this will also mean the days when you will want to site a business in a state and instead of them offering you incentives, they will be looking for profit sharing and other ways to kill your business before it has even started are gone.

OkayDaddy:
They bought Toyota and other brands assembled in Lagos.

That Nissan in the picture is assembled in Lagos

Cool. thats what i want to hear

why are they buying toyota?

TonyeBarcanista:
'Tonye Barcanista

there is nothing wrong with the currrent system, the only problem we have are sore losers who instead of looking inwards and analysing where they went wrong blame the system. No system can prevent rigging or infractions and I have said this many times, the current system will leave evidence of any malpractice. The election is Rivers was rigged but it didnt alter the material result otherwise the clear evidence of rigging would have beeen presented because the evidence was there. Secondly, the governorship election in Imo was massively rigged but even if you cancelled all the contentious rigged results, it didnt affect who won...this was attested to by Osita Chidoka and his NGO who did a critical analysis on the recent elections.

The system you propose on the other hand is flawed, how many intermediaries will you need at the central collation centers to handle the barage of results coming in from 176,000 polling units? Do you have collation centers big enough to handle the number of people in one location? have you considered the confusing with so many people in one location collating different PU results?

This is a knee jerk reaction to sore losers who have bought into the INEC bashing propaganda. INEC has very robust system, if there is any rigging, you will always leave evidence. Every party agent and the police has a copy of the authentic PU result. BVAS has a record of the voters who voted. ANy alterations you make afterward leaves a verifiable trail.

Focus on getting your election strategies right. PDP and LP lost the election because they split their 14M votes, PDP lost Edo because they tried to impose a candidate that was not popular. These things are not INECs fault. It is the samne INEC system that caught evidence of rigging and installed Adeleke as governor!

The only way a centralised system can work is if it is electronic and that introduces its own challenges like hacking, network availability etc. ultimately every election (even in the USA and UK) relies on a verifiable paper trail of actual paper ballots.

Rigging happens but it has been greatly eleimnated. However for the few cases where rigging does happen, there is always evidence. You can pinpoint down to the INEC officer or ad-hoc staff who enabled any rigging. This is clearly displayed in the video by Osita Chidoka. The reason people do not produce the evidence is because they know they lost despite the rigging. When the rigging affects the results the evidence is there like the Adeleke case. It is a shame that instead of praising INEC some are scapegoating INEc for their electoral strategy failures.

It suggests a failure of intellect to parrot the narrative that our electoral system is a sham. It is IMHO as fool proof a system as you will find anywhere in the world. As someone who has voted in the UK and is aware of voting in the US, we have a better system than those 2 countries. As some one once told me in relation to DSTV cards, sometimes it takes a nation of crooks to develop the most robust systems. Their electoral systems run on trust, ours was designed to counter our propensity for criminality as such it is more robust than theirs.

There is a good reason why all the challengers of the presidential election result produced ballot boxes for show but did not present a single evidence of rigging and instead centered their cases on disqualification. Because although they had evidence of whatever rigging happened, meaning the system worked as intended, it did not change the outcome of the result!


https://www.youtube.com/watch?v=qD7VhxgKTbs?si=HwS2IEFB_nq9T2mi

What a daft article by a clearly daft journalist. He clearly does not know the purpose and functions of BVAS.

Dalohad:
Forget all the intellectual verbose, what is good for the goose is good for the gander.

Abuja is the capital city, a University named after the capital, has a reputation to protect, just like University of Washington which may not be as elite as Harvard University or Princeton University.

You are a product of an era when standards in education has fallen so you wouldn’t understand the import. After all you are graduating with degrees even the local employees reject. So what would you know about research and academic citations by your university staff and why the name and reputation of your university is important to preserve if it has one? What would you know abut what gives a university its reputation? Your own is to collect certificate and drive UBER!

Dalohad:
If the people of Lagos can reject the renaming of UNILAG to Moshood Abiola UNILAG by GEJ, Abuja people have they right to reject the renaming of UNIABUJA.

it was not the people of Lagos that rejected the remaining but the students and Alumni of Unilag. the reason is different. Unilag is a premier institution with a name and reputation well established and distinguished. its like saying you want to rename University of Ibadan. With due respect to University of Abuja, it is not in the same pedigree of institutions as Unilag.

Unilag has a name that carried allover the world, University of Abuja does not. Even OAU would probably have been rejected by the students but for the fact that it was done under the military.

ABU, UNN, OAU, Unilag and UI are the country's top universities by pedigree and reputation...yes I agree standards may have fallen but when our Universities were Universities, these Universities ranked with the best in the world, as such they still carry a name. You will find academic research from lecturers from these universities cited all over the world. I doubt University of Abuja knows what research is. Of the 5, only OAU has changed its name and in my opinion to its detriment and it was changed because it was under the military. ABU always started life as ABU. University of ABuja is and has never been a top university, ever in its history so in my opinion there is no pedigree to preserve.

You mention UNN, Unilag, Ife, Ui, ABU and we can reel names of world renowned scholars and authorities. I have never heard of any professor from Abuja that is a Wole Soyinka, a chinua Achebe, an Adeogun a Teslim Elias, a Sam Aluko an Ojetunji Aboyade etc etc etc. I have never heard of a lecturer/researcher or professor from University of Abuja who is one of the leading authorities in his discipline in the world such that academics across the globe cite his work, wheras Universities like Unilag had several. So with due respect there is no reputation to protect, even LASU is better rated than Uni ABuja and LASU in my day was a 2nd/3rd rate University for those who couldnt gain admission to the big 5.

Hellisreal70:
Even though the leader always choose over comfortable live for his/ her self, friends and family members at the expense of the masses.
WELL DONE

again you are an example of what happens when you chose subsidy over good education. The leaders that provided subsidy and the leaders that didnt both are comfortable. It is not whether they provide subsidy or not that determines their comfort. No president of head of state of Nigeria has ever died a poor man or been uncomfortable after office. What should matter to you is what they do for you and whether what they do for you is temporary or enduring.

if you had been properly educated instead of choosing subsidy you would know this. But you think like a poor man instead of focusing on your future...thinking like a poor man is a consequence of poor education which comes when your parents choose subsidy over good education for their children. A poor man focuses his energies on the lifestyle of the high and mighty, an well educated man asks himself, how does this benefit me in the long term because he knows whatever choice is made to spend on short term relief or to spend on enduring legacies, the leaders will be comfortable.

Just so you know, Every president or head of state including Gowon who left office in 1975 (50 years ago) is entitled to a salary and staff, a house, an office, secretary, 3 policemen, 3 cars every 4 years, 3 drivers, free medical care for him and his family, 30 days annual leave abroad etc etc etc all at government expense.... these extend to his wife even if he dies. So if you think the comfort of leaders are dependent on the choices they make think again. If i were you i would focus on making decisions that are good for me long term. A president is secure for life....at your expense. Last year N2.3B was spent on the upkeep of ex presidents. if i were you i would focus on them making decisions that just like their benefits will endure for the rest of my life like good roads and education not things that can be taken away like fuel subsidy and palliatives.

https://punchng.com/budget-ex-presidents-former-vps-others-get-n13-8bn-upkeep-allowance/

SouthSouth1914:
Pity your unborn kids! You choose a path to lie for a living, that’s alright. But someone is eating away your unborn kids future and paying you to spin another narrative. What are you?

the reason you make daft comments today is because the money that should have been spent on good education for you was spent on Fuel subsidy. You have enjoyed and burnt the cheap fuel but your poor education (and poor reasoning as a result) will follow you for the rest of your life. Now you have neither the cheap fuel nor the benefit of good education, now you have neither cheap petrol or good roads.. if the money had been spent on better quality education for you, you would have been in a better financial position as a result of being better educated and a better thinker, to overcome high fuel no matter the cost because good education cannot be taken away from you like subsidy but sadly your daft parents chose cheap petrol and you are the result of that choice. Unfortunately the rest of us have to live with the consequences of your poor education.

if anyone needs pity it is you whose parents mortgaged your present for kerosene and petrol subsidy that is now gone instead of allowing the govt to pay for a good education that can sustain you for life.

QuestLINKsPrpty:
Why that statement?

Because he is the only one brave enough to say the truth on Key issues. SE leaders are talking about releasing Kanu bringing peace. The reality is the insecurity in the SE is beyond Kanu now. Similarly he was one of the few from the SE to say it as it is regarding Peter Obi…..that it is a fools errand!

Basically he was a weak president who fed his people for a day but impoverished them for a life time instead of teaching them how to feed themselves.

Now that he has left office with 97% debt to revenue, how would he have funded the subsidy going forward had he remained in office?

No president 1999-2023 did more than Buhari on infrastructure (give him his credit) but he messed up our finances big time. Particularly subsidy non removal….and like the man who did not teach his child to fish, we are paying the price today.

The job of a true leader is to choose the uncomfortable choices today for tomorrow’s prosperity.

jmoore:
How will inflation rate decline, when the factors of production are still at high price?

Will you sell petrol at 300 naira per liter?
Or it will happen with babablu magic?

clearly you dont know the difference between inflation and prices. If price of an item goes from 100 to 135 in a year then inflation for that year is 35% but if the price goes from N135 to N155 the next year, then inflation for that year is 15%. If the price stays at N135 the next year, then inflation is 0%. In all scenarios the price of the commodity did not go down even in the scenario of 0% inflation.

Inflation is rate of change in price not the actual price.
What did you people learn in school?

UncleAyo:
To the Nigerian Police and all necessary stakeholders,

While individuals and groups have the right to express their beliefs, the content and tone of this banner are provocative and directly challenge the core tenets of the Christian faith. Given the sensitive religious diversity in our society, such a statement has the potential to incite public uproar, disturb communal peace, and cause avoidable tensions between religious groups.

Reasons for Concern:

1. Religious Sensitivity: The message is confrontational and could be seen as an attack on Christian beliefs.

2. Potential for Conflict: Public displays of such messages may provoke strong reactions, leading to unnecessary public disorder or confrontations.

3. Violation of Neutral Spaces: Public spaces should remain neutral and inclusive, fostering respect for all religious beliefs.

In light of the above, I respectfully request the following:

1. The immediate removal of the banner to prevent any form of public disturbance.

2. Appropriate measures to ensure similar provocative displays are not erected in the future.

Ensuring peace, harmony, and respect among citizens of different religious affiliations is of utmost importance. I trust that you will take swift action to address this issue and safeguard the public order.

I am a Christian. There is nothing provocative about the banner. In Islam Jesus is a prophet. In Christianity Jesus is the son of God. In both religions Jesus is never said to be God! So what is the problem?

Soludo is one of only a few sensible public leaders in the SE.

Our journalists are a scam! It’s “reparation” not “repatriation”.

You mean they weren’t experiencing grid failure with us?

JohnnA1:
As long as Nigerians conduct themselves with honesty, dignity and respect they'll have no problems.

You don't go to another man's land, and try to intimidate and dominate the locals, you only create SERIOUS PROBLEMS for yourself.

Overall, Ghanaians are nice people.

Congratulations to President John Mahama once again 🎉

Abi o! MTN…everywhere they go!

IbeOkehie:
Float does NOT imply devaluation. A floating currency goes UP or DOWN.
.

This is becoming pedantic. This is not a theoretical economics exam. The context was a discussion of the Naira gains occasioned by the floating of the currency. Floating in our case led to devaluation and in talking about Naira gains occasioned by floating the currency, devaluation is implied.

There is a place for academic exercises and definitions…….it’s called the classroom. 122*7 = 854 The classroom may ask for your workings but the real world is only interested in the result!

IbeOkehie:
1) Very correct.

2) This makes sense, it might be correct

3) Wrong. First the naira has been DEVALUED. It's not in a FREE FLOAT. The EVIDENCE is the ~1200/$ difference between the CBN and black market price of naira.

The only way that Nigeria and Nigerians can gain from the devalued naira is by adopting Free Market principles.

Examples abound.

Devaluation is an incentive for exports, but it's ILLEGAL to export yam and granite from Nigeria. So those POTENTIAL GAINS are canceled and forfeited.

A good and stable electricity system helps increase productivity. Unfortunately the electricity system is completely controlled by government and as with all things controlled by government, it is inefficient, corrupt and unproductive, resulting in SCARCITY.

All land is owned by government. This discourages investment and production.

Thanks.

Good Luck to Nigeria.

Floating the Naira implies devaluation. There are different types of currency floats. That the parallel market exists does not mean the currency has not been floated. Floating simply means it’s finds its level based on supply and demand. A parallel market exists simply because there is money outside the system creating an its own parallel market. That IMHO is down to confidence in the system and I believe (hopefully) will dwindle with time. That depends on govts efforts to encourage people to bring their forex into the banking system. But if I can’t even get my Naira, I would rather keep my forex outside the system hence the parallel market.

As for the rest, we’ve been down this road before and I am afraid we may be going down the same path.

The idea behind devaluation as you rightly highlighted is to encourage exports. We saw this when food prices went up. The problem is if I get more Naira by exporting yams to Neighboring countries. Then prices of yams go up in Nigeria as yams meant for local consumption find a higher price abroad. The natural step would be to increase in yam production, which as well as bring in forex will drive down local prices a bit, instead we panic and ban the export of yams and we gain nothing from the devaluation….so far!

We’ve been here before. I hope they get it right. Floating or Devaluation without exports is just pain and reduction in purchasing power.

I’m scratching my head wondering how she “shined”? Somebody please explain as I didn’t see anything in the article she did or said.

Or have we turned foreign diplomacy into beauty contest again?

Nonsense!

Niger state should be split into 5 states first.

What utter nonsense!! Are Kenis attacks on Nigeria good for our image?

Leonardo4:
Your number one is nit correct actually

In that case explain how it is wrong.

bjcole:
If we are no longer borrowing to pay for subsidy again, what are we borrowing again to pay for?
13Trilllions loan again in 2025

Is it that you people dont have common sense or what?