₦airaland Forum

Tissue paper and cutlery can go away. That plate of obstacles at the middle is fanimorous.

swaggerjack:
CC

helinues
CodeTemplar

goat with keyboard and SM..

Even if he attaches portfolio, they can be reshuffled two months later so let the senate just look at their character and ignore their learning or skills. That's up to uncle Bola to decide.

His major moves have been disastrous so far. Subsidy removal, money printing, fx rate collapse, education loan and subsidy removal, N1tr saving when indebt, insecurity persists, no clear defined direction, failures as appointees.
God help Nigerians.

Igr, gdp, tax, development, hdi.
Different things.

Ebubu3:
Can’t they convert their generator to CNG and buy it at N150 per litre ?

CNG isn't N150/litre. It around N600/kg

“There is nowhere in the world where there is no subsidy,” said Umar Mohammed, an economist who works in a multi-national company in the United States.
“The reason why small and medium enterprises are collapsing in Nigeria is that there is no subsidy for them at all. They pay for light through their noses, and in most cases, electricity is not even available and they have to use diesel or petrol. Nigerians must also provide their own security for their business premises. Above all, they pay multiple taxes.

“This is not the case elsewhere. I have worked in at least four countries – Germany, Russia and the United Arab Emirate (UAE) and the difference is clear. Governments provide the enabling environment, constant electricity with various options, all in an effort to make people live a fulfilling life,” he said.

Correct talk. Every serious nation has subsidy to maintain competitive edge.

SOSinNigeria:
Lol, after deceiving the foolish illegitimate ruler to remove subsidy and crash the naira, the economy of Nigeria collapsed and millions sank deeper into poverty. Now, they're trying to give dead excuse!

The oil sector has been in this current state for many years now, so why didn't it impact so negatively on Nigeria until now?!

FOOLS!!!

they allowed him print money to spend and make the govt look capable in the short term. After printing what happens next is another story.

ElSudani:
Production, production and exports, exports and more exports. This will bring you tons of dollars. The more dollars and other hard currencies you have, the stronger the Naira becomes.

in knew the answer already but asked to trigger the reasoning process of the perpetual lamenters.

Robust production that's competitive lead to lower prices that exportable and this will strengthen local economy and reflect in local currency

This guy and greetings.

What strengthens the economy self?

How can naira return to N200 a dollar?

grandstar:
Do you know the policies that brought Venezuela and Lebanon to their present state?

For Venezuela, basically too many subsidies, from a heavily subsidized currency to subsidized consumer go9ds and lastly, heavily subsidized oil which is smuggled to Columbia.

Tinubu ended the last of the fuel subsidies, that of petrol and saved $10bn. The government now wants to end the last subsidy-that of electricity. Tinubu is doing just the opposite of Venezuela.

You also mentioned Lebanon- what brought it to its knees?

Lebanon has weak governments that can't make decisions, especially tough ones.

When a government is weak and cannot make tough actions, it resorts to heavy borrowing, no different from what Buhari was doing. When you refuse to cut spending, you start borrowing to make up for the shortfall.

Lebanon debt to GDP was a whopping 200%. The prime reason for this was a bloated Civil service which needed pruning but it was untouchable. The economy was one waiting to bust. The blast was the last straw.

Tinubu has made the tough decision of not only ending subsidy, but he also ended the forex subsidy at the official rate. This has saved the country over $12bn.

How then is Nigeria like Venexuela or Lebanon?

why has subsidy not crushed Saudi and UAE or Kuwait?

You ignore the root cause of a disease and blame the symptoms in the sufferers for exhibiting those symptoms instead of handling the disease.
Corruption and poor management is why subsidies choke nations. The world over, subsidy is a tool to outsmart your competitors nationally. Only here will heavily subsidized countries tell averagely subsidized ones to cancel subsidies and they will obey because of fiscal rascality.

swaggerjack:
CC
RenaissanceGuy

helinues
Monogamy
LegendHero
NGpatriot
TonyeBarcanista
yarimo
seunmsg
Simplyleo
Racoon
NgeneUkwenu
tmksouth
irongalaxy
zhike
Joziboi
CilicMarin
Omenka
Nlpolicewoman
candidtalk
moh247
princeoflagos
CodeTemplar
iammo
WannaHowzit

the mods should do something about this animal behavior of spamming others.

Especially for agric, energy, health and transport.

If only one performs, he will be used to expose the hypocrisy others that's so prevalent in governance today.

saintkel:
I don't blame him at all.....I blame d electorates for not always listening.....we always elect d worse n come around to blame government.....

listen to what from who? You think your choice is an angel and all others demons. Think on bros...

Clowns.

grandstar:
You are the tribal person here! You see things in a tribal light and perceive everyone else will.

So, Nigerians were not tribal when they voted for Jonathan? He won all states of the Southwest except Osun state (Aregbesola was still very popular then) and they did not vote for the ACN candidate Ribadu. You start shouting tribalism when it suits you

Did OBJ not try severally just to increase the price and met great opposition? Is OBJ Ijaw? Was he from a minority tribe like the Chibok? Most Yorubas applauded Oshiomole's frustrations of OBJ's oil price increases.

Jonathan failed to carry the nation along that he would remove the subsidy and deregulate the price. The nation just woke up on January 1st, 2012, with the announcement that the subsidy was gone and price fully deregulated.

Who does that? Where's the wisdom? He should have started sensitizing with stakeholders that he would remove the price after he won the 2011 elections. Heavy consultations with the state governors and stakeholders should have been had on how to end it. Oshiomole who was now a governor realizing his mistake could have reached an agreement with the NLC. I fully supported the deregulation then and now.

OBJ did a very poor job of enlightening the population of the need to end the subsidy and fully deregulate the price. That military man in him preferred to impose things on the citizenry rather than work through consultation. The same Oshiomole who fought him hard upon becoming governor realized that the subsidy was costing the nation dearly and short-changing all 3 tiers of government.

This is 2023. Times are different. It is glaring that the petrol subsidy is adversely affecting the country. Buhari's wasted 8 years has exposed the unaffordability of the subsidy, costing about a quarter to a third of the budget to finance.

Also, Tinubu, Obi and Atiku all stated they would remove it. So, what's the problem here? Is it because it was a Yoruba man that eventually removed it? If it needed to be removed, it should irrespective of who actually did so.

according to you, obj and gej did poor jobs of enlightening the people but Tinubu who backdated it with one month did a perfect job. It is clearer now who you are with.

omooba969:
Abeg post ya pinshure I want to sheck something.

your mumu na made in Germany. Diesel engine powered.

When the person you call mummy starts calling you "short man devil" from young age and you grow up to be the shortest among almost a dozen.
Dat one don comot for trauma o.

grandstar:
Which bank will lend you $20bn to build refineries in a country where the refined products are subsidized, sold below cost? You want them to lose their money? You think they are the Nigerian government?

Which bank borrowed us the one used to build useless railways to Niger republic? Which one borrowed Ebonyi the one they used to build a dormant airport?
The way you lie senselessly to push through policies of a weak govt is alarming. Which one borrowed Dangote funds to build refinery (a record one at that) in a country where petrol was being heavily subsidized?

Whenever you are desperate to push through your anti subsidy argument, you make it sound as if the refiner are being forced to sell directly to customers at the lower price the govt fixes. The govt actually buys at prevailing market price and pay the difference between the subsidized rate and the real cost. That's why the subsidy paid out per litre kept changing over the decades of the subsidy.

Like I said before, I is easy to see where your interests lie and align to. The marketers want to sell at Intl price even when they don't have to transport it far from the location of exploration and employ cheap labour to refine the petroleum.

nairalanda1:
Hmm, this one is opposing traditionalists right to practice their religion because it isn't his religion...Islam.

At the end of the day, you must learn to tolerate all religions. You live in a secular country, not a Muslim or even for that matter Christian country. So, until Ilorin becomes an independent muslim country, you have to tolerate the religion of the traditonalists too...just as many traditionalists have tolerated Islam and christianity over the years in this country, Muslims even tolerate christianity in their region and christians tolerate mosques.

Anyway, I don't have a dog in the fight.

there is nothing like a christian or Muslim country. Countries don't have mind of their own individuals do. Calling a country Muslim or Christian connotes intolerance and suppression of personal conviction of people who don't share that belief. The issues with religion is when people go beyond gathering together to worship among themselves to trying to claim public spaces they share with those who don't share their believes.
This has led to a mob of thieves and killers holding key aspect of national life to ransom. They (extremists) think their goal is to project their religion above other religion materially. It is about your spirit and soul which outlives this material world.
That's why it is wrong to have a country tagged Muslim or Christian one.

Zxcvbnmghtr:
P!gs will still complain since it is animal that never gets satisfied. Very gluttonous.
Even if you remove your eyes for them, they will still complain.

which is a worse slur Seun, ûrchîn or pig?

Made poorer then mocked. APC is a disaster. Bigger than PDP.

We told them. APC under Tinubu can't offer anything tangible but destruction.

Ebubu2:
we don’t want to use enugu airport is it by force?

not even a drone has used this one in the past two months. Why borrow to build dormant airports and be struggling with repayment?
Daftness at its peak.

Minsk24:
This is the major reason why SE governors have to work together for regional planning, why waste billions on airport when enugu airport is very close, kpatakpata u for use a fraction of that money build more roads to link enugu to ebonyi...

with the zeal of Igbo's for industry and tech I was expecting a power plant and an industrial estate that will be secure from tout extorting distributors of finished goods. Just generate and transmit 5km at most into the industries. Instead they all doing stupid looting competition and so prefer short or medium term projects that can give huge looting margin.
Africa is seriously cursed with a leadership plaque.

scholes23:
Not surprised. You don't expect an aircraft to land in a glorified motor park

brutal!

Lol. You dare not advise them o. They might allocate you a village in Osun and Oyo at the same time.

The money for this waste will be relayed one way or another now so next time they should learn to reason things out.

Redirect to inflated projects...

Roger3D:
How come the Europeans who imposed the religion on you don't pay any tithes? I live in a country where Christianity has been established for over a thousand years and every Christian belonging to a registered domination pays a 'church tax' to the government depending on income levels. Nobody pays any tithes , take a look and them and you

stuid liar.