₦airaland Forum

The only way this country can be better is to exterminate APC zombies always electing useless people as leaders. They will elect them and still support them even when it's glaring to the blind that they elected rubbish. When you dig deep to confirm what could be responsible for such foolishness, you will realize it's only for tribalism and bigotry . I don't pity zombies and I want them exterminated so Nigeria can be better.

emkz:
Atiku can only shout and complain but can never propose solutions to the problems.

Is Atiku the one you elected as president? It's not Atikus prerogative to proffer the solution, let the drug dealer you elected proffer the solution.

matify83:
Without a doubt .

Anyone that has a problem with Waziri's submission is a true ENEMY of Nigeria.

It's high time we downplayed ethnoregional sentiments and call our leaders to order. We can not continue like this for another 3 years +.

The ineptitude of the Asiwaju led government to matters of the economy and security is truly troubling.

Was it not here on NL someone submitted that the dollars is going to hit 1500 and we all in unison condemned him. Now look at what is playing out at the Foreign exchange market! - Gross Disaster!!

After "grabbing and running away with it" he has discovered that running the country is much more difficult than winning elections hence the France private visit.

You are so spot on but APC Zombies will disagree with you.
A zombie's brain has been replaced with shit and he doesn't deserve to live. They need to legitimize guns in this country so we can exterminate zombies always putting us in this mess after every election cycle.

Gadafii:
so there is a train coach manufacturing firm in ogun state and Lagos state govt still went ahead to buy coaches for the blue rail from the United States

It’s either you are lying or Lagos state govt wanted to siphone funds

Of course even he himself knows he's lying.
He's just a drowning man clinging to any straw to sound good.
That coach manufacturing plant has never produces one coach of train since inception. It's just the usual smokescreen to cover up looting by the government and their Chinese collaborators.

Asswipemod:
Oh, does that change the fact that he is in trouble today because he stole trillions upon trillions of the same dollars and even borrowed his friends same? No matter how hard you try to White wash him and discredit the current CBN government, the fact still remains that he is in custody and will go to jail. You people are saboteurs who are upset because Hoebee didn't get the presidency. As long as you continue to play the ethnic card, your region will always amount to nothing.

Keep deceiving yourself, Emiefile is not going to any jail unless it's just APC media trial jail.
Someone the court already awarded a 100m payment for damages. He will come out clean as it has been with every media trial case by APC.
Hate him or love him , Emiefile managed the economy better than the present bunch of charlatans we have running the economy and causing hyperinflation.

blacknp:
Sure it is not a good idea, because people like yourself, many other Nairalanders like Bobloco, you want to enjoy without critical application, working hard & sacrifice?

Will you APC zombies stop putting the failure of the government on the citizens pls.
I despise people like you always trying to twist the narrative and telling innocent people to work hard and sacrifice as if Nigerians have not sacrificed enough.
Is it not the government responsibility to manage the economy?
If I may ask you, what sacrifice have the idiots in Abuja that you are supporting made themselves? Tinubu is buying foreign made SUVs with billions of taxpayers money while globetrotting with the unavailable FX and yet a stupid zombie like you is blaming the citizen for the government failure by telling them to work hard and sacrifice.
May it never be well with you.

This match is keenly contested. The kain tackle wey dey fly for this game no be here oh.

Tinubu should urgently legalize guns in Nigeria if that's the only good thing he will achieve in his administration. We need to have guns to exterminate APC zombies voting useless leaders every election.

Bluntemperor:
Dollars,Naira and Production Capacity:
-Do You Know That You are not better than those selling the Dollars for Naira- you know why?
Why do you troubles your Soul on N/Dollar Rate?
Why should Nigerians continued to talk on Dollars because Dollar is a Currency but we are not Producing anything to exchange - even the Natural Resources - God given Resources to Nigeria- the Crude Oil - have been Stolen till date- that everyone, except few in Nigeria, have Corrupted themselves!
1• What are we Producing in Nigeria for Exchange to boost the Naira?
2• What is the Productions of NNPC,the DISCOS Inputs of Power,etc,- to Nigeria Economy -- Zero Fuel, Zero Power( even as I'm typing - No Light in Ikorodu since yesterday,as I passed through the City and was informed this Morning) yet somebody is talking - $ to Naira?
Do you think US can do without lights in a day?
-If there is no light in New York a Day- so much Crimes will occur or don't you know what American Productions Capacity is Carrying? Are we really Serious here in Nigeria at all?
-Let us ask Mr Adebayo-what has been happening in his Power Ministry? Excuses!
-The truth is that Social Media Agents- are contributing Negatively, instead of Asking Serious Questions - from the MIDAS- Min and Depts-how far have their Departments been making impacts to Nigeria?
3• What has been the Agricultural Sector doing? Trillions (N) of Anchor Borrowers Money have disappeared through the CBN during your Governor Emiefiele,so no food in Nigeria!
4• What has been the Min.of Trade Approaches to Nigeria - Exports and Imports,to help Nigeria gain more Exports to other Countries?
5• What has been the Min.of Employments, Labour and Productivity Contributions- since their Budgets were signed into Law and how many Youths - have gotten Employments - since this Administration came to Power?
• Do you know that DISCOS are the real Enemies of Nigeria- because without Lights - No Industilisation will ever take place- No Steel Productions,No Manufacturing Companies will grow under usage of Generators!
•Make Una continue to Shout- Dollars to Naira,as if Germany is shouting - ¢ Euro to Dollars,etc. Without serious Productions - Nothing for NIGERIANS!

Are all these not failures of the government or why are you directing it to him.
You should channel all these problems to Tinubu and APC. They are the cause of the inability to produce. He's merely lamenting the resultant effect which evidently is the crazy exchange rate and why should he not say it when you and I know the prices of goods and services in Nigeria is dictated by dollar rate.

Angola dey ball abeg. See the mad finish from that agba baller striker.

This useless man that got CBN job by quota system and politics is just making pronouncement without any concrete action but giving APC zombies hope that is backed by nothing.
Since he assumed office as CBN governor he's yet to convene a MPC meeting and no single monetary policy has been initiated but he's banking on hope to reduce inflation.
He has politicized CBN and he's appointing APC members as directors in sallient departments in CBN while naira has fallen to 1400 under his watch but he's telling APC zombies that inflation will fall while doing nothing to stem the tide but only hoping.
God will make all of you suffer a miserable death including your evil supporters.

Paraman:
Nigeria spent over $10 billion importing refined crude last year, If the Dangote refinery can take care of Nigeria needs, are you telling me will still be dashing out over $10 billion dollars to foreign refiners?

In 2022, we spent about $21 billion importing oil

Please explain, I want to learn.

I will help him out to explain to you since you clearly want to learn.
Nigeria will not be saving anything close to $10bn even if Dangote does sell his products to marketers in naira.
For every barrel of crude oil Nigeria gives to Dangote to refine a price is being paid in FX i.e whether Nigeria gives it to dangote to refine and pay back in naira the alternive forgone is what could have been earned in FX if exported .
Now if Dangote sells to marketers in NGN and he repays NNPC in NGN it means Nigeria net FX revenue from crude oil sales will reduce as a result of production.
Where Nigeria will gaina little is because one barrel or crude oil is not one barrel of petrol hence we have to maximally turn all the constituents of crude oil to money and other constituents we can export to enable Dangote recover some FX to settle his loans but it's nothing close to your $10bn savings at all.

This one does not seem to understand the gravity of what he's requesting for.
For you to know level of chaos that will descend on Nigeria once gun is legalized, just imagine the madness inside Lagos traffic. Two people will brush themselves in traffic and instead of calling insurance will start fighting or even destroy their cars with wheel spanners.
What do you think will happen if one or both of them have guns.
Na pow pow pow straight.

elasticlala:
There is no sense in what he said.
How many people can become governors or ministers in Nigeria ? What is the population of Nigeria ? What is the probability that someone drawn from a million population can be a governor or a minister ?

If I have to become a governor or minister in a country before I can live a good life or say I have achieved something in life then, that is not a county..

It is because your mind is not working well and that's the only thing you can deduce from a myopic point of view.
He's making a point not from the literal meaning but from a logical perspective.
You cannot reach the pinnacle of your career abroad unless you are native or born there. As an immigrant, you cannot become CEO, ED,governor etc when you immigrate but you have that opportunity here as a Nigerian.

Abeg I need to go to twitter and see this for myself.
That comment on some guys coming every town hall day to shout bulaba and balabu really got me

naptu2:
Babajide Sanwo-Olu @jidesanwoolu

Well-done to the state government for renovating the stadium.
My own is why did the state government decide to build the stadium directly opposite the national stadium in surulere?
This stadium should have been built in epe,badagry or abulegba to further spread development within the state.
Imagine if Nigeria hosts the nations cup and we have the national stadium and teslim balogun hosting matches. The traffic and congestion in that axis will be mad, sighting of the stadium there was not thought through at all.

I swear this is the best match I have watched in this AFCON. Mauritania sef dey ball abeg.
It's not good to be using eye to underrate any team in Africa anymore.
Any of these two teams can beat super eagles.

NinjaMetahuman:
this ediot doesn't even know ad, ac, acn are the same party changing names after merger with other parties ov after rebranding, not a different party.

How old are you?

[i][/i]
Actually, you are the ignorant fool here. aD is not the same as AC or ACN. AD is the real Afenifere party and still in existence till today.
Tinubu decamped from AD with his structure to float AC when he was having issues with the party founders.

Christistruth03:
It is the same party
Tinubu never left his party since 1999
He only merged with others like Buhari to make his party more National

You are wrong, AD and AC which later became APC is not same party.
Actually AD is the real Afenifere party floated by Ganiyu Dawodu of blessed memory. They were the ones that provided Tinubu the platform to run as governor of Lagos. When Tinubu fell out with them he left and took his structure out of the party to form AC.
I think AD is even still in existence, so educate yourself AD and AC is not same party and yes Tinubu himself defected like any other Nigerian politician.

millionboi2:
you mean you spend 100k on fuel per month?

100k is even small on fuel monthly now. I spend over 150k on fuel monthly on my two cars.

ZKOSOSO:
Port Harcourt is not Lagos. Lagos is a tiny state with about 35million inhabitants.

Lagos state govt should make him pay 7.5% gas flaring tax.. specially.

Do you know what is called a free trade zone?
Dangote is operating from a free trade zone.Lagos or Nigerian territorial laws don't apply to him.

Dobodobo04:
Not entirely true.

If Dangote buys Nigeria’s crude at market rate, he refines the crude, sell to Nigerians at competitive rate in Naira, sell to international market also at competitive rate and hopefully make profit from both local and international market to pay off his debt and keep the refinery operating.

If he sells to the Nigerian market in Naira, which he should do by law, there would be less burden on forex.

Don’t forget that some of the crude derivatives have bigger demand overseas than in Nigeria, so he should be able to attract forex with ease in the overseas market.

Only way there could be a problem is if he has no money to buy crude.
As long as he buys his crude in Naira equivalent of a USD/barrel and sells to Nigeria in Naira , no issue.

Also, we avoid Dollar/Naira volatility. If Dangote buys let’s say 600,000 barrels from Nigeria a day from now for the whole year

600,000 x 366 x (78 Dollar/b *800 exc rate)=

Approx N15 trillion Naira stays in Nigeria. Which can be used to fund half of our budget a year.

Also, that’s N15 trillion naira staying in Nigeria. Imagine the multiplier effects on the economy!!

A lot of people just quote things online out of ignorance. Who told you Crude oil was sold to Dangote in Naira. I have seen the Guarantee for the crude oil sold to Dangote by Shell while you haven't and the Crude was denominated in USD which is the standard for Crude purchase worldwide and the sale would be repaid fully in 6 months upon sale of the by products.
How will Dangote pay for his Crude supply in USD if he sells in NGN that loses value daily. Also you mentioned that Dangote is obliged to sell in NGN by law and I laughed at your ignorance. A lot of you don't know what is called a free trade zone and you can Google it. A free trade zone is another country within a country, Dangote is operating from a FTZ and Nigerian laws do not apply to him.
The only way Dangote will sell to the Nigerian market is if NNPC specially give him a local consumption quota of crude and even that model as stated earlier means less FX earninf for Nigeria for her crude oil since FX revenue is an alternative forgone.

Dee60:
It may be the opposite. Crude for that refinery was imported. PMS price may be raised to N900 or more per litre to allow this refinery to make some profits. Otherwise, Dangote will export its products, which is not bad. It will boost Nigeria's dollar earnings a bit.

I have consistently informed anybody that cares to read on this forum that Dangote will not boost Nigeria's forex earnings and you are still making this nonsense submission.
PresentlyNigeria is exporting her crude oil to earn FX or adopting the NNPC model to swap crude for petrol. Either way crude and fx change hands.
Now if instead of using that crude to get FX you give Dangote to refine then the alternative forgone is FX that should have been earned selling the crude. If after Dangote refines and he exports then the crude returns to Nigeria for which he will repay shell and co that he sources the crude from.
Now any profit Dangote makes in the process will go into settling his enormous debt for the refinery or his escrow account offshore which is the model all the oil companies in Nigeria runs.
They all do not save any of their proceeds in Nigeria but with JP Morgan chase in US and you can't blame them because the oil market is internationally denominated in USD.
So please and please forget Dangote to come and solve your FX problems for you and look elsewhere.

maasoap:
Who else could it could be judging by looking at their supporters and final votes? And MAJORITY of the votes for LP were votes that were primarily meant for PDP

Well it's not mine and I won't support atiku or any other northerner after Buhari no matter what.
It's the turn of the south so let Tinubu continue instead.

Victoronah1:
entertainment is where money is. Unless you want to have a normal life. You don't necessarily need to act or shoe yourself all you need Is money lots of it. But since you don't want to learn no need to release information here. But to make money you have to spend money. If you gather people write a script and shoot it, then use 20k or 50k to make the video top trending eg, on YouTube, you will get more than 24millions views,since YouTube runs add to make money ranging from 1usd t 6 USD per ad view that massive. And runs on a total of 1million people. You're already rich. But of course no need to teach you like you said you don't want to know. Have a nice day my dear.

Please dm, I am willing to learn. Don't mind that slay queen bitch.
She thinks she has arrived living in Canadian snow and dying of loneliness while not having a dime in her account.

maasoap:
Many Obi supporters still believed that APC voters were the reason why Tinubu won 2023 election. What they didn't know was that their split votes for Obi instead of PDP/Atiku was the reason APC won with 8 million votes, down from 12 million votes in 2019.

And who told you the Obi supporters wanted Atiku/PDP to win in the first place. I don't know where you people got this believe that it's either Obi or Atiku in as much as it's anything but Tinubu.
I personally was satisfied with either Obi or Tinubu winning in as much as power returns to the south because the northerners don't have a clue about governance after Buharis bad outing.
So even though I voted Obi, Tinubus emergence is still a victory kind of for me.
But so far Tinubu is proving me wrong that he himself is clueless and overhyped with how he has rubbished the economy.

Kukutente23:
So are we always going to be informed any time the refinery gets a supply of crude?

Besides, how practicable is it for supply to take a whole month when production is supposed to be every blessed day.

If we go by the 650k capacity, the crude supplied will last just 10 days.

What happens to the refinery in the remaining 20 days before the next supply is completed?

You are the only one asking a very relevant question here.
I have been thinking about this 6m barrels thing as well. So we will wait for another 6 barrels or supply will continue non stop after this first tranche.

Harrisonwo:
Anybody who protest should be sh*t. You can't start protesting against a govt that's less than one year old. We should give them time to turn things around

Look at this foolish Zombie. You can't start protesting against a government less than a year. But in less than a year the government can break all records know to man about misgovernance.
The government can allocate billions to itself for SUVs, rice palliatives, renovations and jumbo trip abroad while causing hyperinflation in the process. The government can tell the Citizens to bear pain of subsidy removal and fx floating while enjoying the largesse of billions of taxpayers money in less than a year abi.
May you and your fellow zombies never know peace.

Please is this how this useless man intend to rule Nigeria for the next four years? Sharing money and rice to politicians with virtually no clue on how the country will be better?
The prices of goods and services have gone through the roof and all he's doing is to share rice and SUVs to politicians.
One of his zombies here was telling me the other day that I don't know about governance but is this what governance is? Sharing money and rice to politicians is governance while the masses are suffering from hyperinflation of goods and services.
Please when are we going to revolt all this nonsense going on in this country, these people are already killing our dreams in broad daylight.

This ministry is a cashcow and should be scrapped. I still don't understand how a ministry will be created for the sole purpose of sharing money.
It's bound to be abused and looted.

candygist:
I Wass agreeing with you not untill I saw you mention Tinubu. Like it's today that Nigeria got spoiled.

He's making a very valid point, stop looking at everything from a tribal lens.
I agree with you that Nigeria dos not start getting bad under Tinubu but it is an undeniable fact that Tinubu has made it worse in all indices of governance.
You cannot deny a fact that is staring at you in the face. All you need do is ask yourself how much was a bag of rice last year and how much is it now.

PDPdestroyer:
You're free to relocate to Ghana. My success has never been dependent on government.... as you're complaining, there are many out there making it big without government support, no go do something useful with your life, dey wait for government handout

Do you have comprehension problem? Where in his write up did you see him asking government for handouts?
He clearly stated that he is working but hos salary is not enough anymore due to the hyperinflation going on and it's the same for almost all Nigerians making money legitimately.
You somehow found a way to change it to his fault as though he's not doing anything tangible with his life but waiting for the government.