₦airaland Forum

I have been scanning the Internet an Peter obi haven't say anything on the current issue of Trump- Christian genocide claim



we will be delighted to hear from Obi

I have a 25 million naira that I got from stock dividend an I want to invest into hospitality but I'm stuck on how to go about it and the profitable of it


I ask round and people tends to speaks about the negative side of it

please I really needs a realistic approach to it in this economy
People with idea or have run this type of business to reach out
Supermod I will appreciate if this is in front page for a broader audience thanks

I use Igbo translation app to English an it's detected 98 percent so with that conclusion Igbanke or whatever is Igbo



many Igbo decide to hide their identity during an after the war for fear of label

in one of intense political discussions someone mention Peter obi fierce critic Reno omokri as an asset
he says Reno omokri is keeping the electorate busy by giving peter obi clout
everyday you must hear about Peter obi whether good or bad an that itself is political clout
wow

Peter Obi an underrated political dynamite
wow

Kano the most peaceful state in Nigeria has becomes a kidnappers den


Nigeria has failed

no Yoruba,
Is the government now a regional govt

cho cho cho
that woman is an example of not settling for less
all human are equal and it shows you alone is an architect of your happiness

duro4chang:
Go and establish it in your igboland. Obi will never be president

most everyone be igbo to have an opinion about basic human rights of every Muslim

Christistruth02:

why do hate sharia law?

lwisee:
Discussion about Sharia in the West is sponsored by the Northern Elites who can never be subject to Sharia laws. Their aim is to reduce Tinubu's chances in 2027

Tinubu is a Muslim and will gladly support Sharia law for 2027 Northern vote

2special:
if a Christian ritualist or yahoo is caught, will he be tried by the sharia court?

most of the ritual killings are done by alfas

Sharia law is an archaic and backwards beliefs even in the core Muslim countries but it has a lot of benefits

I think I support Sharia law in the South West because there's a lot of Muslim there that felt Marginalised an will gladly allow Sharia panel to settle there squabbles

I think Sharia law brings stability especially in a region that ritual killings is endemic

southwest has the highest case of ritual killings an cannibalism, with fraud cases(yahoo) with Sharia our youth will forgo a lot of bad things that put the region in Bad light

except Lagos nowhere in the southwest is safe from ritual killings in the region

Godwin4444:
u wan go preach to d people wey bring u d religion?

What happened to troubled zones in Nigeria?

I think d dollars is needed more than winning souls in troubled zones?

You can preach in the trouble zone yourself

Islam ☪️ is in the troubled zone

wike

AntiChristian:


Most of the time this man talks i just want to P*ke! He makes me

diaeee

LegendHero:
Where should I get out to? Your terrorists infested region or where?

I thought you're smarter than this tueh

Reno Omokri is a hustler know this today
he's anywhere belleface

nairalanda1:
It's like the op, and most nairalanders do not get why we cannot afford subsidy anymore.

For starters, it costs a lot of money to refine crude into petrol, and yet, at the end of the day, people want cheap fuel because 'economy hard'

Well, if we want crude to be 200 naira per liter, that means that for every liter, government would pay at least 800 naira. Assuming a fuel consumption rate of 60 million liters a day, that's about 48 billion naira a day, which equates to about 17 trillion naira a year.

Well, I haven't included transport costs...so including them could lead to something like 20-25 trillion a year....to be spent on subsidies.

Remind me what our budget for this year was...35 trillion. 20 trillon of that would go on subsidy to get cheap fuel.

At the end, we would have to take a loan of at least 20 trillion naira per annum to pay for the deficit that results from subsidy. That is on top of the loans that we are still paying off.

You know what that meas for our economy.

Oh, and the above calculations assumes there is no smuggling. With smuggling, consumption goes as high as 90 million liters per day. I don't want to calculate the cost implications.






I know people have abused me, and called me names, but with the above cost implication of manitaining subsides as they were in Jan 2023, I doubt that we would want to go back to those days.

The fact is, Dangote is a businessman, and he took loans to build that his refinery. He cannot sell fuel to you at 200 naira per liter and expect to have a working refinery in five years. Remember he has to pay loans, pay his workers an internationally competitive wage, and pay for maintenance and upgrades if neccesary, and also still pay taxes. (Even if he is being forgiven tax on the refinery, his workers still have to pay tax out of their salaries self.).

Infact selling fuel at a loss in the name of subsidy is why we lost 4 refineries, and went from 400000 bpd in 1987 to 92000 in 2012, to 6500 in 2019. (Same issue in Venezuela, whose largest refinery went from 900000 bpd, to 100000 bpd over 2-3 decades of subsides...and last I checked no NIgerians was running the country). Refining petrol is a venture that needs a profit to survive.


Yes, I believe that subsides are necessary. But the thing is, as our budget is, we cannot pay for subsides without borrowing and borrowing. I also have heard repeated comments that 'in saner climes they pay subsides'...when what they do is heavily tax incomes to pay for subsides that go to the poorest of the poor....or maybe they pay the refinery a production subsidy, which might reduce prices a bit...but by not much.


All in all, the era of cheap fuel is at an end.

Zombie the walking dead

I don't practice Islam anymore there's no freedom greater than being free from Religion

You are always free to love, associate and enjoy life to its fullest without regret.
Religion is a Chain that keep you in perpetual fear of the Unknown (Imaginary)


Shun Religion and live a more fruitful an happy life

Igbo girls are beautiful and Clean

Keeping the so-called Fans fighting while the smile to the Banks

That's awesome believing the age with faith

When David. O is 90 Baba will be ?

That's so sad

Education in Nigeria remains a mirage

How can 30 trained PHD just quit ?

lgbosCriminals:
This Ipob agenda man.

Charity no dey begin for his own home.

Let Tinubu fail, no Hausa/Fulani man they refer to as cow will ever vote Obi.

Dem go rather vote for fellow Hausa or another Yoruba.

Soon the religion ipobic warlord go soon donate to mosque as if Muslims are fools.

they are fulls
for always taking us backwards in development strides

madridguy:
Nonsense. So the president can quickly acquired a new jet while many millions of Nigerians are dying of hunger.

He also abandoned is country where millions are sleeping at fuel stations due to scarcity and he has never release any press statement as the president and minister of petroleum.

He should continue flying around. Mtchew

Are you for real

helinues:
He should have slept there before


Mtcheeew

Disapointed

What is the essence of that study?