₦airaland Forum

This must be an offering from village people. I will need to consult oracle before collecting the offering. 😂

nairalandkachy1:
https://dailynigerian.com/continue-play-today-team-beat/

This man is a confirmed clown. 😂😂😂. My first reaction on seeing the headline is to laugh in derision. This man is just catching cruise on Nigeria. How did we get here Olohun? I am flabbergasted. If this man is not sacked immediately, the whole of NFA must be disbanded. The EFCC needs to look into this scandal of a quack that NFA has appointed as coach. Money must have changed hands.

ddippset:
lol

Are you a learner?

You want him to mention an outgone president more than the current president?

Is Dangote a learner of a fool?

You are the learner. Dangote knows Tinubu has no grudges against Buhari and he would not be crossed if Buhari’s name was mentioned. In fact, to get angry will not augur well for him among his northern supporters who still respect Buhari a lot. There’s nothing that stopped Buhari from being mentioned. He just didn’t think Buhari mattered most to his refinery.

DMerciful:
Hope you're not attributing Dangote refinery achievement to Tinubu but rather Buhari.

Tell me one indices of development that Tinubu has improved, just one.

Did you read Dangote’s statement yesterday when the refinery started? He mentioned Tinubu most and did not mention Buhari once. That’s enough testimony to who helped him most to achieve the dream.

ClearFlair:
Only development can bring security. Peter Obi understands this very well.

This is just like treating symptoms and not the disease.

Please stop talking about the drunkard.

Blackfire:
Na dem



Accomodator

Deziani nkoh! The Igbo developer that stole NNPC into stone age?

Hadeylex:
The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol.

This came against the backdrop of the depreciation of the naira against the United States dollar at both the official Investors & Exporters Window and the parallel market.

On Tuesday, the local currency closed at 998/dollar at the official market, while it traded at 1,225/dollar at the black market.

On the back of the falling naira rate, economists and oil marketers said PMS subsidy was increasing in recent times, but the NNPC quickly countered these positions and declared that it was recovering its full cost on the importation of Premium Motor Spirit, popularly called petrol, countering the positions of

The Chief Executive Officer, Financial Derivatives Company, Bismarck Rewane, had during a live television programme on ChannelsTV on Sunday, explained that fuel subsidy was not removed but reduced.

Similarly, oil marketers told our correspondent on Tuesday that subsidy on petrol was increasing considering the crash of the naira against the United States dollar and the cost of crude oil, stressing that PMS should sell for N1,200/litre in a free market.

Petrol, which is solely imported into Nigeria by the NNPCL, currently sells for between N617/litre to N660/litre, depending on the location of purchase in Nigeria.

Also speaking on the matter, the Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said there was partial subsidy on petrol, but noted that the commodity was subsidised by the government for political, social and economic reasons.

Full cost recovery

But when contacted, the Chief Corporate Communications Officer, NNPCL, Olufemi Soneye, described the positions of economists and marketers as assumptions, and insisted that the Federal Government had stopped subsidy on petrol.

President Bola Tinubu had during his inaugural speech on May 29, 2023, declared that subsidy on petrol was gone, a declaration that was effectively implemented the next day by NNPCL.

Before Tinubu’s declaration, the pump price of petrol was below N190/litre, but it jumped to over N500/litre after the President’s statement, and moved up again to over N600/litre a few weeks later.

Asked to state if the NNPCL, being Nigeria’s sole importer of petrol, subsidising the commodity as posited by dealers and experts, the oil firm’s CCCO replied, “We prioritise our time on substantive matters rather than responding to assumptions.

“At NNPC Ltd, we prioritise national development through energy security and sustainable growth. We reiterate that the Nigerian government does not pay subsidy on fuel; we recover full costs from our imported products.

“As a global energy company, our focus remains on fostering a vibrant and energy-secure Nigeria.”

‘Subsidy reduced’

Rewane had earlier explained that subsidy on petrol was reduced and not removed, while featuring on a live television programme on Sunday evening, as he further highlighted the effects of the reduction in fuel subsidy and how it was affecting salary earners in Nigeria.

He said, “At the inauguration, it was said that (fuel) subsidy was gone but subsidy was actually reduced.”

Buttressing his position, he explained, “There is the convergence of exchange rates and reducing the windows into one. The consequence of that is that money has been transferred from consumers to the government.

“Subsidies are reversed taxes; if you reduce them, you increase the people’s taxes and reduce their income. What has happened is that government revenue has increased by 44 per cent between May and June (2023). Money has been transferred to the government but what is the government doing with it?

“The consumers, on the other hand, had a minimum wage, which in dollar terms was $40 in 2002. In 2019, it was about $70, but it has now been reduced to $24.”

Marketers project N1,200/litre

The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, stated that subsidy on petrol was rising and that the cost of the commodity should be around N1,200/litre in a free market.

“To be pragmatic in this analysis let’s consider the cost of petrol today in the United States. For premium petrol, it is $2.99, while super petrol sells for $3.15 or $3.10 depending on the part of that country where you are making the purchase.

“Now, $3 in Nigeria is over N3,000, because a dollar in the parallel market is over N1,000. You can also see the cost of diesel, that is over N1,000/litre, and it is important to state that petrol is usually higher in price than diesel in a free market.

“So if you consider the cost of diesel, dollar and other international factors, the price of petrol in Nigeria should be around N1,200/litre, but the government is subsidising it, which to an extent is understandable,” he stated.

Ukadike noted that he had earlier explained that the government was implementing quasi-subsidy, and by this it means that “the Federal Government, instead of taking out the subsidy by 100 per cent, decides to take out about 50 per cent.”

The IPMAN official, however, expressed optimism again that the cost of refined petroleum products would reduce as soon as the Port Harcourt and Dangote refineries start producing the commodities.

“I also believe that there will be a reduction in the prices of petroleum products this year when you consider what the government is currently doing. The coming onboard of the Port Harcourt refinery and the supply of crude to Dangote refinery are good developments in the sector.

“Their operations will help stabilise the price of PMS and other petroleum products in Nigeria, because it will definitely cut down the importation of products,” Ukadike stated.

Social, economic reasons

The Centre for the Promotion of Private Enterprise CEO said subsidy was being retained partially because of its economic, social and political implications.

Yusuf said, “To protect the citizens from further hardship is the reason why the government seems to have applied the brakes on subsidy removal. We are all witnesses to the pain and hardship that citizens are going through.

“So when you are adopting some of these policies, especially these liberal economic policies, it comes to a point where you have to moderate your position for social reasons.

“Just as the World Bank said, if we want to leave the price fully to market forces and the liberal economic policies, the fuel price will be above N800/litre. Can any government that is sensitive to the feelings of its citizens allow that to happen?

“Even if economically that is the way to go, there must always be a human face to economics. So what the government has done is to moderate the reform, and that is why I think the government has insisted that the NNPC should still hold the price at the current level.”

Yusuf noted that the government must balance the gains and side effects of subsidy, stressing that economic hardship may worsen should subsidy be removed 100 per cent.

“All of us who were saying that they should remove the subsidy, we can see that they have partially removed it now, but look at the consequences. Economically it will sound good, but socially and politically it is very costly.

“So those in government need to balance all those considerations. They need to balance economic, political and social considerations. That is why we find ourselves in a situation where we have partial subsidies, both in petrol and electricity,” he stated.

The World Bank had stated in December that subsidy on petrol was still being implemented by the Federal Government, as it insisted that the cost of PMS should not be less than N750/litre if there was no subsidy.

Naira at N988/$

The naira closed at N988.46/$ on the first day of official trading on the Investors and Exporters Window on Tuesday.

This is an 8.97 per cent decline from the N907.11/$ it closed trading on Friday (the last day of official trading for 2023) according to data from the FMDQ Securities Exchange. This continues a worrying trend for the naira which was one of the worst performing currencies of 2023.

According to Bloomberg, the naira had one of its worst years in 2023, a title that 2024 might usurp. It noted that the national currency lost about 55 per cent of its value as of Thursday 28, 2023.

Based on Kyle Chapman, FX markets analyst at London-based Ballinger & Co, the naira was the third worst-performing global currency in 2023 due to a backlog of unsettled forwards, undelivered promises of dollar inflows, and a two-decade peak in inflation.

Chapman said, “The naira’s downward momentum is likely to continue through much of 2024, and its ultimate trajectory will depend on whether the CBN’s rhetoric transforms into concrete policy moves that drive up the flow of US dollars into Nigeria and shore up trust in the official market.

“If the CBN’s promised measures materialise and Tinubu’s government enacts structural changes to increase oil production or to drive foreign investment, there is plenty of opportunity for the naira to lift from its record lows. But a quick fix is unlikely, and further depreciation will come to counteract supply and demand imbalances.”

In its December Nigeria Development Update, the World Bank noted that naira had depreciated against the US dollar by 41 per cent in the official market and by 30 per cent in the parallel market. It noted that the naira needs increased volume to stabilise in the official market.

It said, “Further monetary policy tightening is expected to help underpin the value of the naira. However, there is also a need to increase FX supply in the market. Facilitating FX flows, especially from all exports, through the NAFEM can help provide additional volumes in the official window that can help provide stability.

“In addition, clarity on the CBN’s net reserve position, and on the CBN’s continued progress in clearing the FX backlog, would also strengthen market confidence.”...

https://punchng.com/nnpcl-marketers-clash-over-subsidy-operators-peg-petrol-at-n1200-litre/

What exactly is the problem of these marketers? If they can’t do business let them find something else to do. Why are they always looking for increase in pump price? Are they mad?

cenaman:
They should withdraw the recognition of Chicago State University (CSU) also

Hoo hooo, stop crying. CSU is a US recognised university better than any of your universities in Nigeria. Check their ratings on world Universities lust by Times Education. Atiku should cry to death. He is a loser for ever. Let him contest 100x he will lose 100 x. And you, you better find something good to do and stop taking stipends from Atiku.

saintokwuluora:
With Tinubu as president it's clear to blind deaf and dumb that Nigeria will get worse by the day.

That’s your own Nigeria, not our Nigeria. We trust hum to do the magic like he did in Lagos.

Good2go1:
Thanks for oil money

Which oil money? I hope craze no dey catch you. 😂😂😂

abc115:
Women in Finland protested against men marrying only one wife. They want the men to marry more than one wife as the population of women continue to soar in their country without husbands.

It appears they are fed up with lesbianism.

Validated:
Do you guys use your brains at all? I sometimes shudder in disbelief that some of these posters passed high school.

Everyone is IPOB to you. If this is a gauge of your infantile reasoning, sorry! You guys reason like sheep, because out of 360 ethnic nationalists in Nigeria all you percieved as the SUPERIOR ethnic group are the igbos.
I dare say that because you only attack your superiors and not your inferiors.

Learn!

You are not serious. If we all point to IPOB we know that they are the only chest beaters and people with sense of entitlement. They are the only problem of Nigeria. Good riddance to bad rubbish.

Validated:
@seun, there is no gainsaying that there is a very high level of tribalism and religious bigotry in NL. Equity demands that all people and opinions are respected in a forum such as NL.
if you really want to deal with tribalism and religious bigotry on NL do the following:

1. Remove Mynd44 as a mod. That person has proven over and over to be a tribalist and moderators are supposed to be unbiased and neutral, both in opinion and action. Do not ask me for proofs or evidence, just view traiks of his bans and see the selective bans he handed out.
Tribalism is not just about posting tribal comments, but selectively banning counter or opposing view or retaliatory posts while promoting others is tribalism. This makes it to faster.

2. Make rule 2 effective and ensure bans are up to 90 days. Tribalism and ethnic jingois should be fully compensated for their activities. Imagine making all opinions against Tinubu an ethnic opinion without evidence. That is tribalism, because I for example have been called IPOB severally just because I am not a Tinubu supporter.

3. Stop allowing posting of proxy tribal topics from other platforms like Twitters. A lot of tribal-laced topic from a sworn tribalist like Reno makes FP. Allowing such and moving such tribal topics to FP is Tribalism.
Go and check, all Reno Omokri's tribal posts about Igbos litter your FP. When you allow such, you surreptitiously support Tribalism as you are not better than the poster.

4. Reinvent NL and provide criteria for opinions to hit FP. Not just based on the whims and caprices of your mods and some seoect .NLers.

5. Put all your mods out for member opinion polls annually. What I mean here is to subject your mods to public approval. Going into 2024 publish your moderators one after the other and include a vote button for Re-elect or Dismiss options. Allow 24hrs voting period Any moderator failing 50% re-election should be removed.

6. Make religion equally respected or remove the section. If non-muslims are required to swear an oath before posting on Muslim topics, reciprocate that on all Christians topics. Otherwise, allow freedom of speech and opinions across the two main religions, Christianity and Islam.

My 2 cents.

Another IPOB ranting 😂 Shall we make Maazi Kanu the mod from his prison cell?

Validated:
@seun, there is no gainsaying that there is a very high level of tribalism and religious bigotry in NL. Equity demands that all people and opinions are respected in a forum such as NL.
if you really want to deal with tribalism and religious bigotry on NL do the following:

1. Remove Mynd44 as a mod. That person has proven over and over to be a tribalist and moderators are supposed to be unbiased and neutral, both in opinion and action. Do not ask me for proofs or evidence, just view traiks of his bans and see the selective bans he handed out.
Tribalism is not just about posting tribal comments, but selectively banning counter or opposing view or retaliatory posts while promoting others is tribalism. This makes it to faster.

2. Make rule 2 effective and ensure bans are up to 90 days. Tribalism and ethnic jingois should be fully compensated for their activities. Imagine making all opinions against Tinubu an ethnic opinion without evidence. That is tribalism, because I for example have been called IPOB severally just because I am not a Tinubu supporter.

3. Stop allowing posting of proxy tribal topics from other platforms like Twitters. A lot of tribal-laced topic from a sworn tribalist like Reno makes FP. Allowing such and moving such tribal topics to FP is Tribalism.
Go and check, all Reno Omokri's tribal posts about Igbos litter your FP. When you allow such, you surreptitiously support Tribalism as you are not better than the poster.

4. Reinvent NL and provide criteria for opinions to hit FP. Not just based on the whims and caprices of your mods and some seoect .NLers.

5. Put all your mods out for member opinion polls annually. What I mean here is to subject your mods to public approval. Going into 2024 publish your moderators one after the other and include a vote button for Re-elect or Dismiss options. Allow 24hrs voting period Any moderator failing 50% re-election should be removed.

6. Make religion equally respected or remove the section. If non-muslims are required to swear an oath before posting on Muslim topics, reciprocate that on all Christians topics. Otherwise, allow freedom of speech and opinions across the two main religions, Christianity and Islam.

My 2 cents.

Another IPOB ranting 😂

Jeon:
This is getting out of control.

😂😂😂😂. I thought as much.

richeeyo:
Are this tribe Normal at all
99%🤣🤣🤣🤣

A tribe of chest beaters and stealers of other people’s success. 😂😂😂

vanbonattel:
Lagos could actually have been better and bigger if not for the number of criminals controlling its finances.

Lagos is a dwarf state, rendered poor and stunted by successive administrations who are bent on borrowing the soul of the city away and then allowing the people to suffer.

I don't see why Lagosians cannot enjoy free electricity, free fuel or free metro rail services, all the money goes to one certificate forger who has tied the destiny of the region and thrown the keys into the lagoon

My roast chicken is finished, Where's my babe to prepare another, this Christmas in Owerri is too sweet.

Please don’t stop crying and wailing. Unndoo mr developer. Do you know what position Lagos was before 1999 when Tinubu became governor? Why did your patriarch Peteru Giringori Obi not turn Anambra to at least number 50 on the list when he was governor?

Totilopussylick:
So what the visit all about

Are you crying about that?

CrossRhodes:
Yes dangote refinery will improve....
security
Healthcare services for all
Unemployment statistics

Ndi uchu, God pass una

And what does that mean? Do you mean you wake every day praying for Nigeria to fall because your effeminate yes daddy political neophyte lost an election? Are you okay at all? You need to go yaba left very quickly. You are losing your mind tbh.

iLegendd:
When you're driving your car from Lago to PH and from PH to Abuja, straight to Kaduna, does your car battery run down?

No. That's the mechanism. The battery of a car will only run down if you don't use it for long. Same with this gen.

Though they say “fueless”, it actively gets the “fuel” from the solar panels accompanying the kit.

SSFeedsNigeria:
Firstly, that rail line looks ancient. There is no different between it and the ones Britain built in the 1800’s.

Secondly, they should end it anywhere between Abuja and Jos, taking it beyond to Maiduguiri is not necessary, in fact that would be a security threat to us in SS and SE. we don’t need boko haram or other terrorists to have easy access. Besides, there is nothing of worth that can come from that dead region.

You have terrorists in your backyard already. Were you not hiding under your bed yesterday. Satan bless IPOB.😂😂

Notfogotten:
Please I have a question to ask.

I don't want to go into details so my partner doesn't trace this to me.

My partner came to UK before me, though still on student visa. I joined her with my 3 children one months ago.

I have noticed some red flags which never happened while we where in Nigeria and I was footing the bills alone.

Each red flag, I pretend nothing happened because I don't want to be thrown out like the man I read about on social media.

My visa is dependent on hers and we are still on student visa.

My question, in the event that we get papers to stay permanently in UK and one day she decides to send me packing or I decide move out, will I be asked to return to Nigeria because she is the main applicant?

Please I need urgent answers. I may not play the fool for long. We are very certain of getting papers next year.

Until you get a permanent visa, you are tied together for the 5-10 years depending on the rout your visa extension takes. If you don’t want to be served a poisonous breakfast, better look for alternatives sharp sharp. Look for another woman and if possible impregnate her. If your partner serves you divorce, quickly arrange another marriage with the person. Make sure the other woman has permanent visa or citizenship. Otherwise your visa will cease to be valid and only you will be deported.

vanbonattel:
All these happened under the nose of Mr. Integrity and he wasn't even aware of it.

Only a clone can perform that badly

You mean Jubril El Sudani was a clone afterall? Only IPOB with half brain stolen will believe that. 😂😂

TenQ:
You make no sense sir.
You Muslims claim that when prophet Isah comes again, he is going to break the cross: if this is true, why shouldn't he also pulverise the black stone?

Even though you claim that the act of kissing or touching the black stone is symbolic, it's the same for idol worshippers.
They have a carved or molded image symbolising their god and they expect favours from their god as a result of revering their gods by symbolic acts of cleaning, feeding, kissing, touching etc their idols.

How are you even better than the Catholics who bow and pray to God in front of their crosses?

When did Mohammed receive the command for the black stone?


As per seeing the shape of Allah, your prophet seem to completely disagree with you.

You are the one that needs sense. We don’t worship black stone. How many times are you going to hear that? Idol worshippers will not mince words by declaring that the statue they bow for is their god. We confirm to you that stone is not our object of worship but a symbol given to us by our object of worship which is Allah. That ends there.
As regards Prophet Issa breaking the cross, yes that will be done. This is because the cross is an object of idol worship created by human beings. While the black stone is not an object of idol worship and was not made by man, Allah sent it down. That’s the major difference. Anything made for worship by man like the cross, is an object of idol worship.

Muhammad does not speak or do things without the instruction of Allah. He must have got the instructions from Allah. And Allah says whatever Muhammad tells us we must do it.

Of course, only an slowpoke will believe he is seeing the real hand of Allah by looking at the stone. Every sensible person knows he was speaking metaphorically.

TenQ:
1. So, why do you kiss the blackstone and why does it have the power to intercede for you Muslims?
2. How different from Idolatory is this practice ascribed to your prophet

Sunan Ibn Majah 2957
Humaid bin Abu Sawiyyah said:
...
When he reached the Black Corner (where the Black Stone is), he said: O Abu Muhammad! What have you heard about this Black Corner? ‘Ata’ said: Abu Hurairah told me that he heard the Messenger of Allah (ﷺ) say: “Whoever faces it is facing the Hand of the Most Merciful.’”
....


3. You may wish to educate us on when the Almighty Allah gave Mohammed the command of touching and kissing the Black stone?

4. You did not explain how Christians like Hatun. Tash would be a ransom for you from the fire of Hell?

Your first question already answered. It is symbolistic command from Allah.
The prophet destroyed all symbols of idolatry when he entered Makka after its conquest. Anyone who tells you he worshipped idols is a liar. And we don’t worship the stone you have been told.
It is metaphor to say they have seen the hand of Allah. Because nobody sees any parts of Allah. It is like saying you have an endorsement from Allah if you see the stone.

I don’t know about Christians liking Hatun. Ask them.

TenQ:
Then explain why your prophet kissed the black stone?

Also explain how the black stone will intercede for you Muslims on judgment day?

Can you then please explain how Christians like Hatun. Tash would be a ransom for you from the fire of Hell?

Look! We don’t hide who we worship. He is Allah. Whatever He tells us to do, we do in obedience to Him. Blackstone cannot be our God, it is just a piece of stone from paradise sent to this world by Allah. We don’t worship it. There are a few symbols which we use as part of our worship of Allah. Because He commands us to do so.

Antiislaam:
Don't mind those gullible people of allah and Muhammad, you won't see them here

Well her eyes will open in hell fire…….eventually. Because Christianity is idol worship. No doubt about that.

Goodday90:
See Sycophants praising the drug lord just because he recognized Papa Ajasco
I won’t be suprised if zombies lists this as one of his achievements since he doesn’t have any in his 6months + in Office

Developers, you better deal with the sad news that none of biafra land states can sustain themselves. That’s enough bad news for a dead-on-arrival biafra country. Deal with that. Leave Tinubu alone.

Addme:
https://punchng.com/report-names-lagos-six-others-viable-states-declares-six-insolvent/?amp

So, no single state in the southeast is economically viable? And they are shouting Biafra everywhere? In other words, Biafra is a failed country on arrival. I am not surprised, yet they are the greatest chest beaters in Nigeria.