₦airaland Forum

You tried but . . . the problems are deeper in reality.

a4cube:
What is the difference btw this and the railway in Lagos?.

or
Ebonyi airport
Or
Daura rail
Or
IPPs in SS

SmartPolician:
From north to south, east to west, this country is totally sick. I always say that nobody genuinely loves this country. If you want to see those who love their country, check how they manage public assets and funds.

To this end, state governments should stop awarding and running projects. Make everything PPP to get serious minds to manage the projects.

This country is just annoying!

allocation should be tied to verifiable IGR. Anything short will lead to wastage.

The list of unviable or comatose projects is endless from federal to state govs.

Ebonyi airport
Daura rail
Osun school
Refineries
IPPs

ECOWAS is centered around economy and is duly named an Economic Community. Why go to Niger to interference in internal affair.
I view this like business partnership among nations.

Our president is letting his insecurities about his dwindling fortune get the best of him here.

Lol. He subtly told us now when he said we spent our way out of recession.

Too bad we escaped negative growth(recession) and landed in debt, tax, inflation, corruption and more. General Dogo n Daura did his worse-best. Lol

These are children their father and mother probably went out for soul winning outreach of God's kingdom and not to occultic gathering to initiate people, calling people "short man devil".

The greatest war is an internal one both personally and nationally.

The only valid reason I can think of is the spread of terrorism under military gov in Mali that can be interpreted as plausible in Niger.

The build-factories-and-church crew have taken the battle to him directly and gone physical.

Avoid impulsive buying.

suckmedownthere:
Petrol prices as the relative comparison to the cost and standard of living in different countries in the world should be a better research..

the target here is to see the reason for lower cost of petrol compared to other countries with a deregulated pricing system.

Compared to other countries not subsidizing petrol, Nigeria has one of the cheapest petrol price range.

Is it the NNPCL effect little profit margin or the exchange rates suppression to make naira look stronger the cause? I suspect the latter is the reason for lower petrol prices. What do you guys think?

Here is a link to petrol prices in countries around the world.
And here is another for diesel prices in countries

Another chart from www.nairaland.com/attachments/15818817_priceofpetrolacrosstheworldinnairajuly2022_jpeg751eeeb059ff8f6d770506892b512aaa

Ours is lower and it points to the two possible sources.
One is I&E forex rates. It appears lower than where it should be because a systemic rejection of certain demands is leading to lower demand there(I&E) and thus lower rates. This is making any import going through that window lower in price(petrol inclusive).

Reason two: the NNPCL being govt owned, the major importer of petrol and not wanting to squeeze Nigerians, is maintaining a very low profit margin.

What is the reason for low cost of petrol in Nigeria compared to other countries importing petrol.

That the rice we attained self sufficiency in under the lanky general.

$1/kg.

helinues:
Those who are hell bent wishing evil and destruction of Nigeria, there can never be a rest for the wicked souls

Curse be upon all the enemies of Nigeria

you cursed you own soul. Any lover of the Nigerian pocket is the greatest of all enemy.

Sanusi went there and returned then this. Wetin consign Kano with Maradi ?

One clear indication that the naira is still being held up artificially is the disparity between petrol price in Nigeria and other nations importing it.
The fact that ours is lesser in price yet involves extra cost of transporting it back to Nigeria proves the forex rate is artificially keeping the price down.
They cannot brainwash the black market folks into reducing rates. If demand wasn't high in black market rates wouldn't be going up.

Clueless bunch.

WeShallSee:
The war will be like Nigerian Airforce versus Amotekun

you mean Fulani herders' bodyguard will go one on one with leopards?

The Niger army will just donate guns and tramadol to herders in katsina and zamfara, it is done.

fineboynl:
they do their are local money transfer agent all over Asia and Europe. They will credit ur account in naira and collect tour foreign currency. Most if this money are sold to importers all in perralle rates.

The growing population and technology age js the reason naira is on a free fall. We are nothing in terms of technology and very household has technology from tv to music to fridge to phone. Yet we don’t make any and population is growing.

we import and consume tech directly. Little productivity. That's why farm machinery and iphones shouldn't be imported on same conditions. Make luxuries harder to import and productive equipments easier to import.

superemmy:
Why not ban bureau de change

instead of scraping schemes and things, humble yourself and go to where the remittances are exchanged for naira. Outbid them with limitless cash printed and sell at I&E rates. You and I know why CBN won't do that.

jmoore:
Na you go tell people how to channel their money?


Tinubu, the master strategist. Emilokan.

It's now parallel lokan.


It's a big error if Nigeria will depend on remittance for FX.

it is a valid form of forex now. India and China depend a lot on it.

DrGoodman:
Which palliatives are you talking about, hope you're not a beggar bro?

and hope your are okay upstairs?

DrGoodman:
The bragging rights that Obidients are feeling the heat and suffering

what's on ground is beyond APC. It is a structural issue.

Hope of palliative. Hope and not the palliative o.

Even under the last man, palliative flowed without removal of subsidies. The best way to know them is by fruits.

jmoore:
Anyone clapping for Kaduna is obviously a friend of poverty.

How can your cost of production increase and you still retain same price?


Petrol price increased 3 times and the keke rider in Kaduna is increasing cost of fare by just 50 naira. How will the person income increase with such?

this path has proven a superior one to radically increasing cost with input. Patronage is kept at a good level. Sometimes it is about sacrificing profit level as the city hustles are secondary for northerners.

Hmmm...

What about pure water cost?

Fuel used to move the water and power sachet sealers are cheaper. Imported inks and materials are equally cheaper to get across to Edo than Kaduna from Lagos.

Greed knows no tribe or party.

The average northerner is more productive than their southern counterpart and so can afford to sell same product or service lower.

Most of those bike riders also have farms and that reduces the pressure on them to charge too high. They also know moderate increase in price help keep patronage level.


It also explains why Benin people are first to hit the streets when thing go south.

Yes, but it is not an APC problem.