₦airaland Forum

DMerciful:
The refinery will be more efficient. If govt runs it, because the spares are imported with dollars, the refinery will be very inefficient due to corruption

Whether, privately or publicly run, nobody wants to run at a loss.

DMerciful:
Sell the refinery 100% then we can take the govt seriously but if they decide to run them, they'll never work

Even if you sell the refineries, the new owners will not want to run at a loss

Ok

Quite unfortunate!

This japa thing ehn

peleson1:
Why did tinubu not wait till the full local production of petroleum products before floating the Naira

Nobody will like to produce locally to sell at a loss. Nigerians had to be prepared for the forthcoming reality.

No!

happney65:
The average and sensible Yoruba person knows their enemy. And they are not Igbo.

Tinubu and Buhari supporters then were calling Sunday igboho names because they didn't want to offend their Fulani masters.

What I am saying is that, you don't hear APC folks shouting and raving when actual deaths and violence is meted to our people. They should use the same energy they use against Igbo people against Fulani too when real violence and deaths occur

They should go to Alaba rago in Lagos and tell Fulani people too not to come out and vote if theose ones won't kill off their miserable heads

We stoop to conquer. Is Tinubu not president today against your wildest imagination

@bolded
They stay in their lane and always travel back to the north to vote unlike some nosy people

happney65:
Oloshi ni e..

Fulani terrorists kill our people every now and then,we don't see you Ronu people shout and rave. whereas there hasn't been any recorded violence or even riot between Yoruba and Igbo.

But you omo ale's will leave the actual people killing our people and be chasing shadows

Please use the same energy you Omo ale's use against Igbo's against fulanis if they born you well

But I know you can't.. . You're like that bully who knows who he can fight and who he can't fight.

COWARDS!!!

Why do some people like posting like forgetful l*nat*cs

We were all in this country when Sunday Igboho expelled Fulani herders from the SW beginning with the Seriki Fulani in Oyo state.

We were also here when the notorious Iskilu Wakili was arrested by the OPC and handed over to the police. He is still in detention.

Etc etc

Piiiiiggs are everywhere, even in the state department.

I see the hands of piiiiggs all over the report.

onatisi:
i quite agree about the fuel importation impact on the nation's fx situation, it seems the reason the FG decided to embark on defending the naira was that Dangote refinery said they were starting PMS supply in late May, most likely the FG had planned to bring the dollar rate down to meet that period but now that Dangote refinery has said that PMS supply will only start in the last quarter of the year, it is obvious the fg can't keep defending the naira with billions of dollars till then,
i won't be surprised if fx rate goes back to 1600.1700

@bolded
When did Dangote say that?

onatisi:
how can you say you want to bring down the fx rate when you are still importing everything you are using, from fuel to food? you have to boost production first, reduce importation and get jobs for people, reduce your dependency on importation then start defending the currency.
we know that Dangote refinery is the only hope this govt is banking and waiting on, to reduce fuel importation. which is not bad but they should work and look at the agric sector, construction, aviation, power generation, and distribution, when all these facts are worked upon and the security of lives, businesses, and properties is improved, there won't even be any need to defend any naira before it picks up by itself.

The largest chunk of our forex goes to fuel importation.

With that off the table the Naira will rise sharply once and for all.

The owner of this app should be located and shot!!!

I like the way the convergence is being maintained.

It will frustrate speculators

BrodaBenad:
So who are they going to blame now?


Don't float Naira you horridly went and float it now

and agbado people defended it with all thier might.

Now we are paying more in subsidy due to naira devaluation

We've also dropped to 3rd place in Africa


they'll still come here and defend again watch

Full local production of petroleum products will strengthen the Naira in the long run once and for all.

Relax!

Allow Nigerians in
That's all

Chukwuka319:
So terribly horribly horrible news.
But let's analyse.
Let me drop family curses aside, Witchcraft activities and other Satanic operations aside.
Who knows how many abortions the lady committed in the past during her days of fast lane life?
And the man,who knows how many girls he impregnated, abandoned with the babies, even encouraged the mothers to abort, gave sufficient funds for the abortions.
Who knows if the lady has given birth before out of wedlock and dumped the baby in the bush or refuse dump, leaving it to the mercy of the elements of the Weather and wild animals.
Oftentimes men and women commit atrocities in the past and then seem to forget.
Later when judgement for sins of the past come knocking,they seem to be lost as in how the problems came.
Forget all the Nollywood crappy storylines
Aborting even a single baby can bring devastating consequences because the Word says in EZEKIEL 35:6"Therefore as I live,saith the Lord GOD,I will prepare thee unto blood, and blood shall pursue thee: sith thou hast not hated blood, even blood shall pursue thee.
He who has ears,let him hear.
Life doesn't go like Nollywood craps portray it.

You didn't speak wisely at all

Nice info

Nice

Ok

From the onset, I knew it was a lie

This war must be fought and won/lost once and for all.

ThunderFireAgba:
That's my latest picture. The real me.

Wow. Nice picture.

ThunderFireAgba:
I am very stupid for reporting you for no reason. Please forgive me.

It's alright.
Don't do that again, you hear.

Hypocrites. The same people goes about destroying Igbo properties and businesses. Much ado about misplaced priorities.

Piiiigggs and victim mentality

Bunch of pathetic sore losers!

Good news for piiiiiggs

But local refining of petrol will end all this once and for all

mrvitalis:
No body is happy, but it's like we told you so

Cardi b was using reserve, holders taught he was doing something nice till the report came out

Note dollar holders are the most educated n exposed Nigerians

Where do you place dollar earners @bolded

Earn dollars, don't hoard it!!!

This is good news for piiiigggs

But Nigeria will overcome!!!

Local production of PMS will end this nonsense once and for all.

Quite unfortunate!

May their souls rest in peace.

But aboookis ehn...

Good news for piiiigggs

But this is a temporary slip, trust me.

Ok

Perfect

Goodnews for piiiiiggs

It's a temporary slip, trust me.