₦airaland Forum

*I'm ignoring every unnecessary and immature squabble with other posters*

@ Topic, The target of fuel subsidy removal is not to solve all our problems but to ensure the more efficient use of our resources. I have interacted with some of the top players in the refining business and one point that stands out whenever they talk about Nigeria is the fact that Nigeria is in a good position to refine locally except for the impracticable policies that stand in the way. What do they mean? Two major (basic) ingredients are required for success in this business. They are:
1. Access to free on board (FOB) Crude
2. Access to Cost Insurance and Freight (CIF) market.

Guess what: we have both! The problem however is that the CIF market is subsidized and regulated by the government. The only antidote therefore is to deregulate it. Subsidy however, stands in the way of deregulation.

The argument at this point should not be whether or not subsidy should be removed but how it should be removed. Should it be in phases? Should an alternative be provided b4 its removal? Should a new market to support local refining be created? Etc. These are the issues on which we should be exerting our brain power.

After all said and done, the wasteful subsidy WILL be removed. When a child refuses to swallow a bitter pill, you shove it down his throat. Hahaha

So what does he want us to do about his failures?

Arrest the kingpins damn it!

Lol @ "precipitate".

Smart talk ekt-bear.
@ Koruji, now I get your point. You agree removal of subsidy is right but the approach is wrong. In that case, going forward, what would you recommend as the best approach to removal of subsidy. Maybe if we dwell on this, I can better understand your position and I may be able to explain why the current government's approach may be different from the rest.

When I was a child, I used to dream of having a house on the hills of Jos. Today, I know better. Tomorrow, there my dreams may yet come alive.

You have all presented interesting perspectives on the subject. Soon after the 9/11 attack, muslims in USA had to endure high levels of hatred. People would refuse to enter busses / planes which had a passenger that looked like or dressed like a muslim. The ban of the use of "coverings" (dunno if it's called hijab) in places like France may not be unconnected to the effects of islamic extremism.

We should be mature enough not to allow the dastardly acts of the evil elements in the muslim community to affect our sense of reasoning. But then, muslims have a huge role to play because, in the end, it is their freedom that will be more severely affected.

True word Beaf. Ghana has realized itself and I hope we allow Nigeria realize herself too. Developed countries subsidize things like power generation from renewable energy in order to stimulate growth. As soon as a desired threshold is reached, subsidies are cut or removed. A classic example can be seen in the Spanish power sector which experienced tremendous growth in solar power generation partly due to government subsidy. As soon as the market began to experience excessive influx, subsidies were cut. At that point, the desired objective had been met.

It is extremely foolish to subsidize a commodity / technology that can easily be transferred to other countries. Imagine China subsidizing electronic production simply because it's in abundance.

To further explain my point on regional economics, Imagine for a moment we remain at N65 and all our neighbors
Move up to N185. This will mean increased smuggling across the borders with greater profit margin for the smugglers. It will not be difficult to get past customs with an ROI of over 130% in view. This time they will even kill to get the products across. That is if the customs officials do not have their own tankers.

For those who want to politicize the issue, Gov Oshiomhole is an ACN member and former labor leader, yet he openly supports the idea knowing the benefits. Fashola has also shown his support though he is less vocal about it. Our own world renowned economic gurus like Okonjo Iweala et al have also presented very sound arguments enough for every well meaning Nigerian to consider for the greater good. If we truly mean well, we will look beyond the man supposedly behind the policy and see it as it should be seen.

They are ALL terrorists who kill innocent people to achieve any purpose whatsoever.

It's a pity.

If you know any one of the Boko ram members, ensure you expose and not aid / abet them for any reason. You put yourself at risk by doing nothing. Eventually, you end up losing everything too.

My intended audience has identified himself already.

@Mr. Gbawe, why do you then claim my perspective on this issue is tied to my preference in the 2011 elections. Why must it be so? Did I mention GEJ in my post? Do you think I'm that jobless to live my life around GEJ? Ever since April 2011, all you have ever done is live your life around an election that has long produced your present president. If you can't desist from labeling others with different political views from yours, there's no point discussing with you cos it leaves a bad after-taste. In fact, I'm done with you.

Myopic folks keep seeing things from one perspective only. My advice: Grow up.

The poster's concern is very valid and it calls for more in-depth scrutiny. We can no longer leave any leads un-followed considering our current state.

If he can achieve over 50% power availability, I will vote him to finish the job.

If we remain adamant, regional economics will have us in even worse positions than we are now with the removal of subsidy in Ghana and other neighboring countries.

Developed economies will not subsidize a commodity that cannot stimulate local growth or that doesn't have any future strategic impact on the economy. Even worse is a global commodity in a mature market. In other words, subsidies in these countries usually act as economic stimulants for long term gains.

And Nigerians are there dragging their feet. Swallow the bitter pill NOW lazy folks!

I guess UN building and police HQ are also churches or mosques.

Down Down bad belle!

Pls can you post your blog link or email address here. Thanks

United we fall, divided we stand!

I'm sitting right next to a muslim guy and chatting real nicely and I can't even hate him talk less of doing any harm to him. This issue is beyond muslim vs christian or north vs south. The muslims in the north have more to lose whether they know it or not. This is the reason why every northerner / muslim should rise up to fight the cancer that grows within them.

Man's inhumanity to man. Terrible.

Sultan knows the people involved and has been protecting their interests. He is part of the problem.

If we really want something more refined, Seun can open a new platform more like Facebook where u have to put all your detail (real names and picture with phone number verification etc). But NL should remain "moderately moderated"

Lol @ Tpia.

Seriously, I felt so too because the level of detail is just too much. On the other hand, it is a story that reflects what happens to marriages a few years down the road. Hubby and wife begin to lose focus and all sorts of bullshit begin to happen.

So Tpia, assuming it's true, what is ur opinion on it. I really like to hear.

So what should Seun do? Ask everyone to present a PhD certificate or be banned from the site?

Whatever u see in an online forum like Nairaland is an unbridled reflection of the hearts and minds of individuals in the larger society. The freedom to spew crap is what make nairaland tick.

(PS: Don't shoot me down. Its just my opinion)

A crude but sure-fire solution is to get boko haram turn against itself. This can be easily achieved if the bombs are turned against the northern elite like the Sultan of Sokoto. I can guess this will work like magic.

More like time for us to go our separate ways.

What a touching story. I feel like sobbing too.

For the wife:
1. The deed has been done and it's too late to reverse it. The way forward is either to open up to hubby (if he can take it) and put a HARD stop to seeing or even smiling with the charming home breaker.

2. She needs to make sure she's not pregnant or infected already. She doesn't need this to get any more complicated. She should know what to do next.

3. She gave the "home breaker" too much room to flirt with her. I kept asking myself while reading "Does she realize she's a pastor's wife?". Such should be on her mind at all times. She should know that no guy gets too nice to a lady for no reason. He has always had an agenda from the onset.

4. If possible, she should get anoda job and leave her current place of work.

For the husband:
1. The hubby's work - life balance is terrible. This has made his family vulnerable. He has to find a way to get it right somehow.

2. The hubby got it wrong when he began to live other people's lives and not his. What do I mean? His roles as pastor and doctor were "replacement roles". Besides, combining those two jobs is almost becoming the pope!

3. He should never have accepted the idea of "work husband" even as a joke. Perhaps, he didn't even have time to care!

I'm assuming this is a true life story because a lot of people actually find themselves in this situation today. It's a pity.

I'm not a fan of Buhari but I must say he is right on this one. It doesn't matter whether the statement was made by proxy or not because, it's been credited to him and he hasn't denied it.