lowaist101:
In A Full Blown Free Market Economies Of The World, Govt Will Have To Intervene because The Poor And The Poor Of The Poorest. Capitalism Enlarges D Gap Btw D Rich N D Poor. This Is Why We Advocate For A Welfare State!

Oh really? Tell me how well that worked out in Venezuela.

lowaist101:
The Price Mechanism Is Self Regulating. If The Price Is Brought Below The Equilibrium Price, Demand Will Increase And Supply Will Decrease. This Will Create Supplus Demand. This Excess Demand Will Instigate Suppliers To Increase Price And Gradually, The Price Will Move Straight Back To The Market/ Equilibrium Price. It Is Just Rational Economics. The Cycle Will Continue Like That. In A Full Blown Free Market Economies Of The World, Govt Will Have To Intervene because The Poor And The Poor Of The Poorest. Capitalism Enlarges D Gap Btw D Rich N D Poor. This Is Why We Advocate For A Welfare State!

Dude, you are speaking grammar. Get the govt out of the oil and gas market so that other players can get in the game this way there is more competition in the market place which goes on furthermore to reduce prices shikena. How difficult is it to inderstand? The more competition there is in the market place, the better for consumers. But when the govt decides to interfere like they do in nigeria and begin to decide not only who the players are but who the winners and losers are then you have what we are currently experiencing in Nigeria now.

KanwuliaExtra:
Why does it matter?

No certificates in traditional marriages.
Inferiority complex of Nigerian traditions ke!
Only the WHITE tradition is superior.
Blame colonial mentalities and “I must marry for CHURCH” tinz.

Then get a registration of your marriage in court.
No need for wedding.

Simple.

You dey mind them?

lowaist101:

I can't be wrong. The reality on ground is that the refineries are owned by the federal government. The original question is how to salvage the situation to avert fuel shortages and prevent this perennial queues during festive period. We are thinking of solution in the interim and probably in the next 18 months, new refineries will come on board. We are reliably informed that modular refineries are in the pipeline and also Dangote is putting one in place.
When we talk of market forces, we are referring to the interaction between demand and supply. This will produce an equilibrium price. This market price may be too high for the poor masses. So, government intervenes using, in most cases two mechanisms; subsidies and price control. Please I want you to settle down and read something on Keynesian economics. I am convinced you will learn a lot on welfarism. This is what we have termed evolving a SOCIAL DEMOCRATIC STATE. Thank you. Please read some of my stories on Facebook, shoemohmoh gabriel.

First of all, what right does the govt have to tell a business what price to sell his products in the first place?
Secondly, If the costs of production are higher than the selling price (the price that the govt fixes) how will businesses survive?
Lastly, please tell me where price controls have ever worked and I will be waiting.

All his and yet no suggestion of how to deal with he fundamental issues that plague this country. The countries problems are foundational and cam only be fixed at the foundational level. Decentralized power from the center and adopt a true free market system. All this suggestions the writer made are just shallow changes that won't go far enough.

Mrsprof:
Since it is only marriage certificate can ascertain that one is actually married based on if one wants to do certain things that required marriage certificate,and we all know that no certificate is been issued in traditional marriage... My question now is, does it mean traditional marraige alone is not recorgnise in our society, and is it possible for one to obtain certicate without court or church wedding? If yes, how

So before white people came to Africa, marriages were not valid and bimding?

Mr. Man is it by force to marry? The man was not ready to marry from that family simple...

See logic! The fact that I don't earn a million naira for a bride price does not mean that one is not ready to marry it might simply mean that it is way beyond his budget. You don't need to have a million to to live day to day as husband and wife. You can cut your cloth according to your size. If the bride price is more than your budget then that's plain cruelty.

macof:

Culture should always reign supreme, it exists for a reason...if you don't like it you can go some place where such cultures dont exist and leave the people alone

Culture should never reign supreme. Knowledge, logic and reason Trump culture any day any time. No wonder this continent is still a mess after all this years.

Proudlyngwa:

kindly explain how china is in a big mess.

First of all, China is simply not sustainable. It's such an inequitable society. All it needs is for some serious economic crisis to hit and the communist party will be upended.

if the government likes let them collect all the tax in the world, if incompetent people are at the helm of affairs nothing will happen.

But at least the people will be more involved and more engaged in what happens with their money.

we dont have to follow every principle set by the west to run our affairs

No we don't. But we can copy the best practices from the rest of the world and apply those tried and true methods to ours instead of doing the same thing over and over again and expecting different results.

if bride price did not put him in debt, marriage life would

Wrong! You don't know that. You are just speculating. Wedding is a one time event and marriage is for life. Don't conflate the two.

macof:
The man was not ready for marriage...at least by what I understand
If a man can't pay bride price how can he prove his capability to take care of the woman and her children.

Once again, the bride price was not the issue, the issue was the amount that he was told to bring.

If the man failed to negotiate, then he is a fool, if the man doesn't know what he can't afford then he is a fool

I don't see wickedness, what I see is stupidity and inability from the husband's side

Great, let's blame the victim now not the stupid culture of greed and extortion. Awesome. Clap for yourself.

macof:
like I said if it doesn't cause harm there is no reason to change it.

But it does cause harm. It forces this people to chose between love and going into massive debt.

macof:
the culture of bride price is what I refered to
And I disagree about it being all about Greed...

[b]The culture works for the igbos so what's the big deal? [/b]Be tolerant of others culture if you don't pay bride price where you are from

Well it sure didn't work for this lady and that's why she went on to social media to vent.
Heck, I know of some ibos who have complained bitterly about this so don't give me that "if it works for the ibos then it must be okay" as if you have done a survey and found out the opinions of most married igbo people on this issue. The fact that some people don't have the courage to complain like this lady does not mean they are still not bitter about what their father in laws put them through.

Proudlyngwa:


the united states government regulated til their was stability, then they sold off.
stop allowing global imperialism deceive you.

china owns its oil companies as does Venezuela , Russia, UAE qutar and many more, we can set our own rules and regulations tooo, what we need is sincere and competent people managing it

the Nigerian tax system has not advanced to the extent of handing of every government business owned entity.

Wrong! There was never a state run oil and gas company in the US.
Secondly, all those countries you are mentioning are a big mess like Venezuela, Russia and even China. While the UAE is just a very small country so you can't compare them to Nigeria. So learn your facts.
As for taxation, whose fault is it that Nigeria has not developed a strong tax system while the British were able to do this pre-1960? Abeg stop blaming excuses for this people because where there is a will, thete is a way. Nigeria's problem is that they make so much money that they don't even bother collecting taxes just like Saudi Arabia and those other middle eastern cou.tries and this is what holds those countries back for the people are not involved. If the govt was hitting their income for taxes believe you me they would be concerned about what is done with that money if they are not seeing results.

lowaist101:


That is where you are very wrong. This suggestion will jeopardize the entire economy. You can't allow full deregulation of the downstream now. Govt owns all the refineries. No private refineries yet. Even in the US ,government intervenes to cushion the effect of free enterprise on the poor. If the marketers are permitted to import fuel, without intervention from the govt, I want you yourself to imagine what will happen. In an economy like ours, privatization is a gradual process or else many will suffer.
So, according to you, if the landing price of fuel is 171; how much do you think the marketers will sell? My brother, you will kill Nigerians while some will be smiling to the bank on a daily basis. Pls, go and read the theory of privatization and deregulation and we can start over.

You are so wrong on many levels. First of all, govt should not own any refineries, they should have sold them and also allowed other foreign companies to build their refineries. That's the reason why Nigeria imports petrol despite the fact that we are one one of the largest producers in the world. If Exxon Mobil had been allowed to build their own refinery in Nigeria they won't have to send it to Asia to refine shikena.

Secondly, if the govt gets out of the industry, it will let market forces set the price of oil and will lead to greater competition thereby reducing prices further.

yanshDoctor:
for real the presidency is in a tight corner on this issue. its a sign God is angry with this government and ready to expose them. osinbanjo is now speaking from both side of his mouth.

He should be tactical about it and do it in phases.

agwom:
Governor Nasir El-Rufai of Kaduna State has reshuffled the state executive council. The changes, according to a statement from the Kaduna Government House, was due to the vacancy created following the death of the Commissioner of Education, Professor Jonathan Andrew Nok.

The statement signed by the Senior Special Assistant to the governor on media, Samuel Aruwan, announced the appointment of two new commissioners, Mrs. Ruth Geoffrey Alkali, for Ministry of Commerce, Industry and Tourism and Dr. Ibrahim Hamza, for the Ministry of Water Resources.

Three commissioners were moved to new ministries.

They are Dr Manzo Maigari from the Ministry of Commerce, Industry & Tourism to the Ministry of Agriculture & Forestry, Professor Kabir Mato from the Ministry of Agriculture and Forestry to the Ministry for Local Government, Ja’afaru Sani, from the Ministry for Local Government to the Ministry of Education, Science and Technology, Balabara Aliyu-Inuwa, from the Ministry of Rural and Community Development to the Ministry of Works, Housing and Transport and Hassan Usman Mahmud, from Works, Housing and Transport to the Ministry of Rural and Community Development.

The statement said Alhaji Shehu Balarabe, Commissioner for Stakeholder Relations in the Governor’s Office, is reassigned as a Commissioner in the Fiscal Responsibility Commission.

Engineer Suleiman Aliyu Lere, former Commissioner of Water Resources, was however dropped.

https://www.dailytrust.com.ng/el-rufai-reshuffles-cabinet-appoints-2-new-commissioners.html

See number of number of ministries! And they are all funded by allocations. Later on, they will complaining thar rhey cant pay workers. Isnt that a clear sign that you are too big in the first place? Until allocations are cut off this country this people will not see the essence of reducing the size of govt.

Proudlyngwa:

kindly do the maths.

the only way forward is for NNPC to be the sole importer, because if you give a special dollar rate to importers, we will have them selling it.


Its high time ,the federal government reviewed the exchange rate to around 240 naira to a dollar, as i believe we have saved considerably.
the should also think of increasing tax on certain imported items to the tune of 80% to enable local competition.
finally DPR needs to up their game on tracking of diverted products.they really messed up this festive period

Absolutely Wrong! The way forward is for the govt to sell off NNPC, NLNG and all the state run refineries and let the free market set the prices. This is how things work in developed countries like the U.S. governmental intrusion into the free market systrem all in rhe nsme of looking out for the common man tends to hurt the common man in the long run. Get the Fed govt out of the oil and gas sector now!!

EternalTruths:


It is because NNPC is the sole importer that is why we have this problem.

Let every marketer import his fuel and NNPC do quality control to ascertain the best fuel for consumption.

Wrong! NNPC should not exist in the first place. It's an avenue to steal money by the corrupt govt. The oil and gas sector should be in private hands. It's state run companies that impede progress and investment into the oil and gas sector.

lowaist101:
This Is Where We Expect The Government To Intervene. Social Democracy Is A Postulation Of Welfare Economy. Anything That Increases The Fuel Price Will To Increase In The Prices Of Commodities. This Will Aggravate Cost Push Inflation. This Will Increase The Misery Of The People. More So, We Cannot Go The Way Of Subsidy Because It Will Cost The Government A Lot. And At The End, There Will Be Little For Capital Project. In The Mean Time, LET CBN CONTINUE TO INTERVENE. If NNPC Continue To Import Then We Should Set Up Network To Prevent Saboteurs From The Marketers In Terms Of Distribution. NNPC Uses Their Depots!

Wrong! Wrong! Wrong! Governmental intrusion into the free market usually end up hurting those it seeks to protect.
What the Fed govt should do is abandon their price controls and currency controls and let the free market dictate things.
While they are at it, they need to sell our refineries and NNPC, and NLNG and watch out economy take off.
If I were in their shoes I will even take it a step further and return from the federal govt back to the people. Do all this and see what happens to the Nigerian economy within a year. Too bad our leaders either don't know what to do or they don't have the courage to do it.

Oh my Goodness! Price controls and currency controls? Now I am truly beginning to understand why the oil and a gas sector is a mess. When will all this third world countries learn from their counterparts in other parts of the world? Price controls and currency controls are counterproductive governmental intrusion into the market place. Let market forces determine the peice of crude, not the govt. Why no one seems to understand this is simply shocking.

KillerBeauty:
Youngie oyinbo wife for a change. I'm impressed

Abi o!! And she even fine on top. Naija boys don dey try small.

Finally a naija man married a cute foreigner, ain't that something?

macof:
the culture of bride price is what I refered to
And I disagree about it being all about Greed...

The culture works for the igbos so what's the big deal? Be tolerant of others culture if you don't pay bride price where you are from

But from the account of the first hand witness: the woman herself, she and her husband had to go into debt just to satisfy the whims of the girls parents. Sounds like extortion and profiteering to me. A better solution would have been to agree on a manageable price that is within the couple's financial means not some gargatuan sum that they had to go into debt to pay. That's wickedness right there whether you call it culture or not.

macof:
like I said if it doesn't cause harm there is no reason to change it.

Really?? Greed doesn't cause harm?

ikbnice:
Future generations will perform absolute wonders!!!
This one suing her father thinking she is now civilized doesn't know if her child will jail her for giving birth to him

Um, fathers are not always right you know. They are human beings just like you and i.

macof:



Culture is culture. I am educated enough to know that every civilisation and great nation has a great culture which it's people are proud of

As long as the culture doesn't harm or cause retrogression, as long as such culture can exist along side development, it should not be changed for anything

Those who complain about igbo bride price should simply work harder and find the particular igbo woman that is worth it...or move on..this is always an option

Culture is culture but it is not set in stone. Culture is dynamic meaning that it always changes if not we will be walking around naked or tying wrapper and hunting for food.
Make no mistake about it but commercializing your daughters marriage is just pure greed. This igbo tradition of treating women less than men should stop just like the tradition that disallows women from inheriting property.

macof:

Culture is Culture, If the man cannot pay Igbo bride price he is not ready to marry Igbo woman.
He could have told the woman to wait for him while he hustles for money to be able to afford her bride-price plus negotiate with her father or he moves on. When the father sees that he doesn't come back he would reduce the price

Dude the fact that something has been done for thousands of years don't make it right it simply means that people didn't know any bettter like the killing of twins in old calabar.
You are a twenty first century man who probably went to school and has being taught to think critically and to question things whether you agree with them or not so start using your knowledge and try being objective instead of falling back on the tired old crutch of "culture". Wrong is wrong and right is right irrespective of how long it has been practiced. This here is greed plain and simple and that family should be ashamed of themselves.
Stop being a slave to tradition and be free of unnecessary shackles biko.

olawonder:
I noticed on any forum, when someone expresses their feelings the best thing ppl do is rain insults! Why now? The lady hoped ppl would bring up a positive debate and so that at least, she can find some form of consolation.

You dey mind Nigerians? You know a lot of them are not the most enlightened species in the universe. If you expose abuse instead of them condemning it they wout even jump on you and possibly tear you into pieces.

hammerF6:
[s][/s]

GUY, U SOUND BROKE, GET OFF LINE AND FIND A PROPER MEANS OF MAKING MONEY.

I AM TIRED OF ALL UR EXCUSES AND LOVE DEFNCE RUBBISH.

MARRIAGES THESE DAYS ARE HIGHLY FINANCIAL AND HAVE VERY LITTLE TO DO WITH LOVE.

U MUST BE BRINGING SOMETHING TO THE TABLE AND UR PARTNER MOST COMPLIMENT YOUR EFFORT IN HIS OR HER OWN WAY.

So marriage is all about money right? Gotcha!

CaptainG00D:


If u like quote from genesis to exodus.
Cant change anything.
There is nothig bad there...
This is a tradition and u have to respect it.

Its brfoce to pay d price
And its not by force to marry igbo women u u have variety of options to marry else where.

Goodness! Some of you are just simply slaves to tradition its so sad. In this day and age where we have gone to school and we have the ability to reason objectively and with logic yet some people still succumb to pathetic traditions.
News flash: not all traditions are right. In fact, some are just plain evil like the old calabar tradition of killing twins.
This right here is just an example of human greed hiding under the guise of tradition.

hammerF6:



U ARE THE SAME PEOPLE THAT SPEND MILLIONS ON OWAMBE BUT DAT LOVE CANNOT DRIVE U TO SPEND MILLION ON UR OWN WEDDING.

First of all not every Yoruba person spends money on "owambe" so get your facts straight.
Secondly, marriage is a beautiful and honorable thing but unfortunately some unscrupulous and greedy families have commercialized it and used it as an avenue to satisfy their lust for money.
The truth of the matter is that some people are simply slaves to greed and won't mind selling their own children for money. Utterly shameless.

oyb:


From some of your posts, I deduce that you are paying your way through school. So who will be paid for your own dowry?

It’s not just bride price. 7 years ago, a guy in our office died in an accident (not on duty) .his family were all about the money. It was very very disgusting. People in the office were sad, and the victims family members were grumbling about insurance money, you must give his brother a job, etc, etc. The whole thing just became an avenue to make money.

I actually believe this hefty bride price issue is one of the reasons the treatment of widows is so vile.

The rest of us cannot understand the commodification of what should be a happy ceremony. All it leads to is people marrying when they are old, as a marriage becomes a financial milestone. I had dated my wife for five years, within four months of getting a good partying job, I got married. If we had been ibo, maybe I would have had to save for another five or six years. Who will wait that long? That on its own means that most ibo women will never marry their first loves, and that most ibo men understand that they will not marry their first loves.i saw one or two cases in school where ibo chicks dumped their boyfriends for wealthier workers. Today I can see it for what it was, pragmatism. It was clear that the wealthy boyfriends would be able to marry within a short while, while it would be a minimum of six years before the bf could even think of getting married.

All of that you must prove you are fit to wed is bs, imho. My ability to spend big money on a ceremony is in no way a measure of my finincial capability. Everyday on NL, people are chastised for planning expensive weddings and drinking garri after.

A marriage is supposed to be for life, while a wedding is for a day.

Please tell them jare.

hammerF6:



BRO, GO AND MARRY YOUR YORUBA WOMEN, I MEAN, HER PARENTS WILL FOOT THE WEDDING EXPENSES.

THAT IS WAT U WANT.

FIRST AND FOREMOST, NO IGBO PARENT PRAY TO HAND ANY OF THEIR CHILDREN TO NON IGBO, THEIR DREAM IS THAT THEIR CHILD MARRIES FROM THEIR OWN CULTURE.


ALL CULTURES, INCLUDING RACES HAVE THIS PRINCIPLE. IT IS DEFENSIVE AS THEY ASPIRE TO CONTINUE THEIR CULTURE AND KEEP THEIR IDENTITY.


SO FOR U TO LEAVE YOUR PLACE AND AN IGBO PARENT WEIVE THEIR DREAM AND ALLOW U A FOREIGNER TO MARRY THEIR DAUGHTER, U SHOULD DO SO QUIETLY AND GO AWAY.

Not everyone "leaves their place and looks for a foreigner to marry". Some people simply just run into other people that they are attracted to and who they have chemistry with and that they happen to have chemistry with. That's life and that's part of the human experience. In simpler terms, love just happens and it is a beautiful thing until all the ugliness like greed, prejudice, tradition and tribalism begin to come into play.
No one is born from the womb hating someone of a different tribe, its something they learn from their parents, friends and their society.