₦airaland Forum

The owner is the problem. Todd thinks he can play Football Manager with a top team like chealse.
He should have appointed a permanent manager instead of wasting time with an interim. A permanent manager will have the rest games for this season and pre season to access situation of things and best options. Plus they should trim that their squad and start signing consistent performers and not prospects.

I hope they remain Polytechnic and do what polytechnics do.

Simplythebest:
What kind of stupid policy is this. So they want their students to be poor. Here in Europe students come with their cars. I don't understand why we are still thinking backward. We really need help

Animalistic thinking. Schools are centres of learning and not social competition hubs where criminality and vices are breed. I don't blame you much, abuse is inevitable when purpose is lacking.

BTW, stop watching too many Hollywood movies.

Questionable transfer was met with impulsive theft.

Foolish of him. Now he will be treated as a thief.

Glorified secondary sch? Thought such rules were for private.

If you see N2m in Nigeria as a bus driver thank God. Maybe more as a tanker, truck or trailer driver.

nams77:
Thank you for your response. I don't want those institutes

Okay. Good luck.

favor914:
Other countries pay tolls on highways, those people want to use the road free? Then they will be wailing & complaining?

Dangote alone & his 1 million trucks, using the roads for free, not mentioning other business from petroleum products, to goods & services?

Mumus be waiting for them to finish road for them to use, backward thinkers.

What demonic tools again. The leader who built these projects, did they do it with their personal money?

Sixty Naira a seed. Wow...

The usual suspects at it

Berrityga:
Your a Mumu man for asking this. I hope poverty doesn't kill you.

We all know who the real fool is here.

@topic, happiness is common, what is hard to see is joy or inner man happiness.

Pythagoras001:
you need to create wealth before you can redistribute it . unemployment rate, tax to gdp rate should be taken into consideration for it to work

between cheaper petrol and school feeding or cash transfer, which one creates wealth most? Petrol subsidy it is.

Money must have exchanged hands for this Malami of a guy to be releasing a report 2 months to change in government.

Blue3k:
I already told you fight corruption. The fuel subsidy creates problems regardless of corruption. The money saved could simply be left with the tax payers but would likely go into other capital projects. Yeah they're doing welfare it doesn't negate the facts laid before your face. Their citizens pay for those welfare programs directly from their pockets and its not equal distributed either. You can be offended but facts are market solutions to fuel price lead to a better outcome. People will have more fuel available and more jobs will be created to refine fuel domestically. I don't understand why Nigerians whine about paying market price for fuel when poorer neighboring countries do it.

If you truly agree on fighting corruption, then the money saved from corruption be put to good use before talking about removing petrol subsidy.

As for the part about whinning about market prices. Are the developed nations paying market prices from what I posted here? Welfare only puts most of the money into their pockets directly instead of paying the sellers like our case, which then translates to multiple subsidies. Yet these same people are saying was should stop subsidizing production and move toward subsidizing consumption and corruption

Blue3k:
Petrol subsisidy removal serves to save the government money. In order to maintain subsidy they have to intervene heavily in the market with price controls. These controls lead to shortages because its set below the market price. It also hinders investment in the sector buy private sector because business wont see profits. When diesel subsidies were removed these ranging from corruption to shortages didn't occur. You kill two birds with one stone removing fuel subsidies. You can still fight corruption and get rid of the subsidies.

You regurgitating needless fact and drawing illogical conclusions.
There will be more money in govt hand but what about the corruption that's everywhere including where the saved funds will be used?
To add to the nonsensically conceived though, those pushing us to remove welfare are seriously doing welfare.

yinkus6750:
Inflation mode about to be activated.
40% salary increase as against 400% fuel price increase.
And the public sector won't be able to pay according to federal salary.
v

govt of sharing and looting.

This will drive SMEs to inflate their service and commodity prices. That's their only way of getting their share of the money FG will be sharing recklessly.

The mumus in agbada think money can create yam or rice. When you ignore production, prices go up and when money in circulation increases prices go up too.

And what are you hoping to learn from such places. Try IT institutes around.

Blue3k:
Your first sentence is an incomplete thought.

check now


You can do that if you feel it justices them having welfares but discouraging us from having same.

Calabar1stSon:
This very possible especially in Nigeria. But greed has lead to the collapse of our economy. If they eventually takeaway subside, the rest of the money get stolen.

You get my point Those asking us to remove arguably our most evenly distributed subsidy are maintaining far weightier welfare. Taking the subsidy removal saving into already bastardized sector of the economy will only lead to one thing - change in who steals the money.

thesolutions:
I understand your plight about subsidized product being smuggled out. The solution is not to continuing in the same process that breeds corruption because Nigerians will find a way.

Corruption is in all sectors and taking subsidy removal saving into already corrupt sectors of the system will be worse than what is on ground.

raumdeuter:
Can you give us the ratio of annual budget to population for these countries? So we can compare

Oil Subsidy sef is the main thing encouraging corruption

The point isn't about government giving Nigerians similar amount. It is about those asking us to scrap perltrol subsidy maintaining far far weightier wellfare schemes themselves.

Blue3k:
Are you ready to pay 1/4 of your money to sustain these welfare programs?

The point here isn't tax increase but about whether petrol subsidy, arguably the most evenly distributed intervention from govt to all citizens be scrapped because of corruption? Corruption is everywhere and the solution is to handle the petrol subsidy corruption. Not pretending that change in hands handling the funds will do any magic.
To answer you still, high taxes will be accepted by most Nigeria if there is no corruption involved.

Excuses upon excuses. Audio Party.

Canadian example from Wikipedia.

The Canadian social safety net covers a broad spectrum of programs, and because Canada is a federation, many are run by the provinces. Canada has a wide range of government transfer payments to individuals, which totaled $145 billion in 2006.[46] Only social programs that direct funds to individuals are included in that cost; programs such as medicare and public education are additional costs


Indian example from Wikipedia.

The government uses the unique identity number (Aadhar) that every Indian possesses to distribute welfare measures in India. As of 2020, the government's expenditure on social programme and welfare (direct cash transfers, financial inclusion, benefits, health and other insurances, subsidies, free school meals, rural employment guarantee), was approximately fourteen lakh crore rupees ($192 billion), which was 7.3% of gross domestic product (GDP).

As time for the planned subsidy removal draws near, I have decided to show those supporting subsidy removal what the countries dictating to us via IMF and world Bank are doing in terms of welfare.

In order they appear, Country 2005 2010 2015. A per capital welfare spendings in $.


1 Luxembourg 19,427.60 19,806.90 18,877.00

2 Norway 14,711.20 12,780.70 12,138.60

3 Denmark 12,895.20 12,308.10 10,985.60

4 Austria 11,926.20 11,592.20 10,398.20

5 Belgium 11,917.40 11,338.90 9,798.50

6 France 11,796.10 11,180.00 10,248.40

7 Sweden 11,664.10 10,929.30 10,920.60

8 Finland 11,514.60 10,601.60 9,125.20

9 Germany 10,598.70 10,347.00 9,731.60

10 United States 9,734.40 9,317.30 7,574.00

11 Italy 9,456.90 9,417.10 8,765.80

12 Ireland 9,397.80 10,638.70 7,293.5

13 Switzerland 8,649.30 7,968.90 7,791.20

14 Australia 8,328.10 6,997.00 6,713.50

15 United Kingdom 8,292.30 8,045.40 6,740.80

16 Japan 8,214.10 7,512.30 6,071.90

17 Netherlands 8,069.10 7,922.20 8,612.30

18 Spain 7,832.10 7,902.20 6,599.00

19 Canada 7,456.20 7,028.20 6,439.00

OECD - Average 7,071.10 7,203.40 6,289.20

20 New Zealand 6,612.50 6,416.60 5,448.00

21 Iceland 6,589.20 6,514.00 6,273.80

22 Portugal 6,418.80 6,689.80 5,947.80

23 Slovenia 6,364.50 6,495.20 5,593.00

24 Greece 6,027.60 7,001.90 5,762.20

25 Czech Republic 5,799.70 5,439.70 4,541.20

26 Hungary 5,031.10 4,965.40 4,721.00

27 Slovakia 5,005.80 4,465.70 3,129.70

28 Israel 4,852.40 4,452.30 3,905.40

29 Estonia 4,639.20 3,948.40 2,801.50

30 Lithuania 4,084.30 3,899.70 2,418.90

thesolutions:
Subsidy is fraud against the poor and you are yet to see it. How many poor people have vehicles. The only thing that affects the poor from subsidy removal is relative increase in transport fare and foodstuffs that are not local migrated poor.

I really consider your scare monger about subsidy removal as a threat to Nigerians against supporting the removal of subsidy which a see as political motivated.

Our major concern is to establish a working government that is working for every cadre of individual in the society.

A government working on actually subsidizing transportation for the poor and not creating more amenities for the rich while the poor are driven away from the city because of high cost of living brought by their development agenda that is focused on beautiful cities rather than beautiful people.

A government that is focused on doing investing hugely in refineries and actually running it effectively as an enterprise and not a civil service oriented business. A workforce that is more concerned about their beauties and official outlook can hardy give all it takes to establish a working enterprise.

A government that is out for business. It annoys me to hear that governments do not run businesses. Nigeria government needs to be starved of taxes and duties so they know what leadership is all about. How can an unproductive government lead a productive nation. We should have government owned industries in fabrications, constructions and processing working efficiently to solve both national and economic problems.

We need much more from an effective government. But every government that has come are only working borrowed template from countries whose challenges are different from ours.

Subsidy is not a fraud. The frauds are the people who could block the border against food smugglers but allow petrol smuggles to go through. Before you reply with an epistle, read about welfare schemes in more advanced nations.

nedekid:
In my opinion. If it is done properly, it should improve the economy, the naira should also appreciate to about 200 to the $1.

I assure you that naturally, price of petrol will fall within a year. If the local refinaries are cheaper, they will kick out the importers from the market.

Corruption knows no limit because it is driven by greed.
The case of Dangote and Ibeto is classic example of how local production and contribution do not solve integrity issues. Today there is local production but we are buying cement higher than countries that do not produce it.

blackpanda:
Even in south africa it's about $3 per liter (N2250)

I checked but saw $1.86 a litre. Also do not forget our minimum wave is same as theirs.
No bandits to interrupt wealth creation process for money.

Joey4321:
I really pity Nigerians at this point...


If you're not where you're seeing money. Omooo..

Insensitive govt we have from LG to FG.

ATEAMS:
Indeed ... But wait for subsidy removal

Exactly