nairalanda1:


Your government is taking loans because we have an economy that depends on oil revenues

And right now

1.OIl does not favour us price wise. We need oil consistently above 100 dollars per barrel...and it has never been above that consistently since April 2014.

2.We are not even meeting our OPEC quota, or even Tinubu's dream plan of 4million bpd.

3. 80% Of government revenue comes from oil.


SO, loans

(The scary part is that if we eliminated corruption....the money won't be enough even then).

nairalanda1:



The truth is, if Obi won, fuel would be expensive now.

As at May 29 , 2003, NIgeria was using 99% of its revenue to service debt. Any money that would have been used to keep fuel below N300 or even below N200 would have had to come from taking more loans and more loans. Something had to give, and unfortunately it was the subsidy.

I am not here to say that tinubu is doing the right thing, especially since he has brought back subsidy since October 2023, otherwise fuel would have been over 1000 naira as it should be, and I am not here to say that APC knows better , but the fact is, we were in a position where we could no longer afford subsidy at the rate we were doing then.


Even now, we cannot afford subsidy.


All I would say is...in 2012, we had the last chance to be rid of subsidy. But most of you agreed ironically with Tinubu that it should remain....and here we are.


If we want more working refineries and more jobs in the petrol sector, we have to have fuel sold at market price. It is not a popular message. Yes, I am just as angry with the government , and yes, APC Has failed, and yes, Tinubu is not the best president we have had.

But right now, we are not earning enough money to pay for cheap stuff anymore. And it is very very painful






Calling me a tinubu supporter or a IMF Lackey does not change the sad fact.

yarimo:
Shuiabu should resume to office immediately, the is victory for democracy

Paraman:
Why should he relinquish his position?

PrincessofDSS:


https://saharareporters.com/2024/07/14/hausa-organisation-advises-kinsmen-against-joining-fulani-organised-protests-against

MasterJayJay:


https://dailytrust.com/bandits-kill-4-abduct-150-in-zamfara/

vanbonattel:


Its a lie, he owns a house in London, he owns a house in Lagos and has ran away from his state and settled in Lagos because of poverty and insecurity in his tiny state. He is living in Lagos because tinubu built Lagos and his state governor refused to build Kano.

ElevationD:
APC is all out to take Edo state. The same played out four years ago when members of Obaseki’s cabinet decamped in large numbers, including party leaders across the state. Obaseki/PDP prevailed. The same is expected this time for PDP to win, irrespective of the actions of APC. I do not believe that Obaseki will lose to APC or LP, no matter what happens. I think Obaseki has done his ground work well. I also believe that not speaking Ishan language is meaningless when talking about further developing Edo state. Aside from roads, Obaseki has moved Edo state forward.

Chochovini:
What really was his problem or let me just say, who sent him?

EreluRoz:
I don't like him again, he started smoking and nothing he does will ever be good in my eyes again till he goes back to his former decent self

dre11:


https://dailytrust.com/how-teenager-was-raped-inside-lagos-police-station/#google_vignette

Arostar2023:
This is like a case of putting the cart before the horse. This is a country without working institutions. Where any and everything goes. Someone will bypass the meters and nothing will happen. This is an exercise in futility unless the metering would be manned and monitored by a foreign company not affiliated in any way to our politicians.

NothingDoMe:
Question, why is this not a skit? Because na portable abi wetin?

Melagros:
COMRADES, I don't think Nigerian governors will obey this order, they will definitely come up with a strategy to continue with the old tactics

jeromestarks:
When women head an organization, destruction is inevitable. The proprietress should be arrested for neglegence.

Beta edu too fvcked up big time.

As at today, only okonjo Nweala is making significant progress as a woman and that's because she didn't study in Nigeria.
Stop the Abuse of women it will not favor you and your family.
Nigerian women born between 1970 and 2020 are useless.

Thiefobi1:


If obi speaks that shows he has no shame.

Same man who refused to conduct local government election during his tenure as governor.

withheld their funds while using it for frivolity.

Esama:
But why this Ajaero is behaving like illiterate? Very unreasonable man I guess he is being pushing by opposition. If this mumu think federal government will give him 101k is joking.

Sheistoopretty:
Good

We are now marrying foreign men with brains for innovations and technologies not like dull Nigerian men who only know how to Rap£, kidnap, steal, drink ogogoro, gamble, smoke and do Cultism

Nigerian men are just Use_less to be honest...... All of them