₦airaland Forum

The rate at which beer is consumed in the north you will be amazed but in their hypocrisy they form sharia in the public. I just wish we restructure and some ill minded States won't benefits from the proceeds of what they claim to frown at. Hisbah police should go and raid governor Gandollar and stop him from collecting kick backs, or sharia supports proceeds of corruption?

theoldpretender:
Well here is what happened

As far back as 2010...govt could see that subsidising fuel would not be sustainable, hence the increase in price in 2012 from 65 to N140.

Nigerians portested....so prices went down to N97. At the time,landing cost was N99.

Landing costs increased, paying subsidy became unsustainable from2013.....and by 2015....landing cost was N132. Fuel was N87.

Bubu did two things

1.Ended importation by marketers,except for NNPC

2.Increased prices.

BUT...we still have subsidy claimsleft over from before the price increase...which Bubu is still paying off.

Also, landing costs are icnreasing.Right now...fuel is at N180 as landing cost. We pay N145 at the pump (N142 in some staitons).

So, subsequently....subsides must be paid...or fuel would cost N200 and more.

As for refineries...it isn't just fixing them...we need at least 4 new ones. Apart from Dangote...to meet domestic needs.

And since one new one costs $9bn (our reserve is $43bn. 4 refineries cost $36bn...spending our reserve would have bad news for our economy)....we have to attract investors. And the only way to do that is...by removing subsidy completely. IE govt stops setting prices, stops paying subsidy...and fuel would shoot up to N200 and above.

Two questions for you, why did APC and PMB claimed subsidy was a scam and nothing of such was being paid, hence occupy NG, wasn't that deceit? and secondly, if NNPC are the sole importer for most of the products how come independent marketers still have reasons to claim subsidy and NNPC and PPRRA confirm the claims as genuine? lastly, if our foreign reserve is $43b why are APC going about claiming to want to get our refineries working despite knowing that we don't the required funds? is this not another of their special propaganda and deceitful way of governance?

Kusetic:
Nigeria is a peculiar case in that our fuel consumption is not solely for vehicles but also for individual and commercial power generation seeing as electricity is very poor in our country and fixing that problem is a dream that might never come to pass in our lifetime.

Saving money for our refineries will require a whole lot of things to work together, global oil prices increase, other sectors of our economy pulling their weight in revenue generation and we actually using the funds for the purpose intended.

Your third question is a million dollar question, ideally if the system was sane, we would feel the effects in things like free healthcare, free or improved education, good roads (personally I love good roads, they give peace of mind..lol), constant power etc. At that time you won't care who is in power so far the system works and you reap what you sow into it. But that is a pipedream in our wonderful country.

God bless you, you really got my perspective. on the increased consumption, the astronomical increase can barely be justified,because the manufacturing sector has not increased but on the contrary they reduced. so we can infer that the APC govt are only scamming us in that regards. on the refineries, yes the global oil price is obvious but the excess they got from the cost increase of PMS if they are sincere, will go a long way, but again, they are liars and crooks that are only about transferring their irresponsibility unto someone else.
on the economy, you have interpreted my insinuations already. thanks really, you did answered objectively

APC and scam are inseparable. First they claimed subsidy is non existent and that GEJ and co are only stealing the funds, we the gullible went and occupy Nigeria. Finally they came to power and told us that if we allow them increase pump price, that in six months, our refineries will be fully operational and competition among the marketers will drive down the cost of PMS, boom they increased from #97-145. only for them to go about claiming to be paying 10X the value of subsidy to marketers despite all their claims.
my questions are the following,
1. Has our population increased so much? that we now utilize such volume of PMS within the period.
2. What happened to the money they claim they will save so as to get our refineries working, after all it is almost 3yrs now and no refinery is working more than at 25% capacity?
3. if our Budget increased from 4.2tr under GEJ to 8.8tr, please how has this reflected on our lives as ordinary citizens trying to survive on the streets?
someone should please enlighten me

someone said Baba ti gbe ro, meaning Baba is technically on the run from his own ghost.

The party is working for APC, so they know that having Jerry Gana as their candidate will split a few thousand vote in the north central. Which will not pay off considering the royalty they hope to get from APC after the elections. Their constitution has really made the case easy for the judge and plaintiff.

JessetariahMD:
Desprado with a cross on his neck....with that toy gun in my hood you'll never get a respect....I'll rather throw a bullet with my hand than shoot with that gun....if you point that shii at my grand ma face she probably wouldn't run.........LOL JUST FINISH WATCHING EMINEM MOVIE BODIED...SO I'M PRACTICING

within all of that episode, you will eventually die and your grand ma will not only run but also poo on herself that's if she is lucky not to be shot at close range.

Any transfer that does not reflect my initial balance will be detected has hoax, after all the men can never know my initial balance, except of course if the sales rep confirmed that her balance before the transfer was correct while the men made the transfer, then she must be part of the scam. it's that simply..

could this mean the example of the term "free to air"?

See the faces of the vultures, always looking for free money. awon scavengers.

Before I join the chorus of people tongue waging Islam, maybe I should ask if the same act is practiced by Muslims in Europe, because I usually see/read this news of under age marriages by Nigerian/African Muslims mostly. so if it is about the latter, then I will say it is a matter of moral bankruptcy and extreme stupidity that is prevalent in the Nigerian/African Muslims.

azraeljaheel:
Give money before you fit give belle

You asked for belle and now you have an offer to receive it, you then change to money, my Sis, it is either you are related to Buhari or Lai Mohammed is your mentor. :-

If small Doctor that shot a gun after a concert and threatened to shoot an officer on another occasion was freed and merely warned, this man should likewise be warned and allowed to go home, afteral what is good for the goose is good for the gander.

For everything it is worth, I will choose Atiku/Obi 10x ahead of Buhari, this Administration of excuses, blame games and propaganda has done nothing but harm to Nigerians. if they say PDP is corrupt, they should also tender audited report of NNPC n NLNG for the past 3yrs then have been in power.
Fresh air is what I crave rather than lying tongues of APC

Anything to end the madness of APC in Aso Rock come 2019 is welcome by me.

If this is true, then Justice has been sold to the highest bidder. I reckon that illegal possession of firearm is criminal but when it is a celebrity the rules will be turned around. Massive shame on the judge that delivered such madness

I hope APC suffers in Ogun State and Imo. if Oshomole will allow his god tinubu to have fill day in Lagos, then he has no moral justification to cry foul against Amosu, Okotocha and Abudul Aziz Yari.
Whatsoever confusion that will lead to the implosion of APC is welcome by me, afteral they say, "The enemy of my enemy is my friend"

I knew Fr. Mbaka was business minded in 2013 when I visited Enugu state. I saw his Church selling a scratch card for special prayers by the father, I just laughed, so whenever I read about the father, I am never surprised.

Hotzone:
cant forget that wonderful moment early January this year when my fiance was transferred to my office and we both fell in love at first sight, i thought it was a dream considering her status as my boss but it become real as each moment takes us to the next.

Cinderella and prince charming style. kudos. I hope it remains happily ever. My one wish for you both.

gaby:
Nigerian youths lets get creative and shame the government.

See better self employment.

Omo self empowerment ooo. sharp nigga

Your sister head and the sample are not of the same circumference hence the difference in the outcome.

After millions have been paid in selling price or it is bride price they call it, the lady must do more self... Igbo amaka

So what happened to the $1b USD he vetoed without approval from National Assembly for the purchase of arms? or na different war them wan use this one fight?

UAE and Saudi, they keep recording these successes only because of the proxy war they create and fight in the middle east, so much funds comes into their economy through the blood of innocents souls that die in the region. I don't envy them one bit.

I thought SA economy was said to be in recession since Rampaphosa came to power? my second thought is that, where is SA, are they not affected by oil prices and Int'l instability?

CoolAmbience:
I didn't say I know everything either bro.
Its just that this stuff is plain explanatory na.
You do well sha.

I get your point Bro, it's all good.

CoolAmbience:
Imagine! They don't even understand simple instruction.

What is complicated in that message that somebody needs clarification on?

Mtcheww.

We just have to enlighten ourselves, no one knows everything Bro, hence why I responded.

Go to the NOA office in your various LGA with your credentials and means of identification for verification of your results, that's all it means.

ElRapido:
They both graduated with third class.

Prophet of doom.. continue oo

wicked fellow, he meant utmost evil for the the property owner, but the God of Elisha has caught up with him.

APC said BH was decimated and later claim to have technically defeated them, yet they requested and spent $1b USD on hardwares and ammunitions to combat the supposedly defeated BH, still innocent lives of both military and civilian categories are lost in large numbers on daily basis, this must not be allowed to continue. Every live counts. Enough of APC propaganda!!!