₦airaland Forum

clemz88:
I am a stewpid he- goat and clueless Moro.n. I want to commit suicide becos Nigerians rejected JonaTAN

grandstar:
[s]Listen up guys and listen good! Tam David West is an economic illiterate

When a company wants to carry out machinery valuation, who do they call-An estate valuer or an engineer? Interestingly, they do not call an engineer. Its an estate valuer they call.

You may wonder why? Because value of a product is determined by the Law of demand and supply or simply put, market forces. If you have ever bought a sachet of pure water for 50naira in a monstrous traffic jam, you'll know what I mean.

Or alternatively, have you ever tried to dispose of your own item and found out that what you are being offered is usually less than your ideal value?

Tam David West here is speaking about cost of production and not value. Based on cost of production, yes there is no subsidy. But based on market value, there is.

No company in its right mind will invest hundreds of millions of dollars or even billions into producing oil if the sale price is based on the cost of production. Not a penny will be invested. No bank will ever extend money to such a venture!

Do you know that the market value can at times be less than the cost of production? It has happened several times. Why do you think that Saudi Arabia refuses to reduce the quantity of oil it produces. It wants there to be a glut so as to drive down price of crude oil to make it unprofitable for the Americans oil producers operating in the United States who have a very high cost of production.

If the market price is $80 and the FG is compelled to sell at say a cost of production price of $30 in order for the price to be 87naira, that means the government subsidizes it by $50 a barrel.

If you are a restaurant and the price for a plate of rice with chicken is N300 and you are compelled to sell at N150 which is your cost price, you are subsidising it by N150. If you sell 100 plates at 150, you are losing 150[/s].

EUROBOMBER:
No, Abia state needs to try another party, it is the most backward state in the East today. Another party should be given a chance there.

asha80:
Pdp in abia as a party is just danm crude.i hope the know the foundation of what they are laying

Ekugbeh:
c guy u no understand o...

If ah tell u say na subsidy remove Jona, u go lyk argue am o.
1 tin z dat neva take d masses 4 a ride, especially @ dis crucial tym when we r anxious of wah diz guy z gnna make of 9geria

linusbnn:
Wen u were growing up,did yu ever agreed to accepting being a farmer?.. GEJ is yur president and yu owe him that respect

linusbnn:
I sori for you.....He has the power to put this country into war,but he choosed to be a man of peace,what else do yu want frm him again?.....Abeg whr yur PAPA dey? Maybe he go dey farm now dey busy,u dey here dey beef who God don eleviate

Mogidi:
He's UN secretary General in the making.

Ekugbeh:
GMB neva c anytin...
Ah pray he falls in2 dis trap

clemz88:
God punish my mouth . I am a Frustrated, Clueless Cow

clemz88:
can mallam bo.ohari hold his hajiya waist like that.

kendrick9:
nonsense post.. All what this femi guy said is true... buhari hasn't apoligized for all the wrongs he has done... In a sane country,the likes of this cattle rearer should be nowhere near a political post, talkless of president.
What a shame.

bettercreature:
So how much were you paid for the ordinary protection

ejihand1:
[s]No matter how u hate this guy, you can't stop him from pointing out the foolishness of APC supporters. Barcanista has come to be a thorn in you guys flesh. APC and his supporters hate criticism no matter how well intended these criticism are. I sorry for you guys, because Barcanista and co wl be your nightmare[/s].

Chigold101:
dear do you know who Nda Isaiah is?
He contested APC presidential primary alongside GMB, he actually came last.
Dear he is the owner of Leadership Newspaper the carrier of this news we are reading & comenting on.

Whoever that wrote these two figures 61 & 49, does not know how members we have in the senate.

The blame goes to the leadership of Leadership who is APC chieftain.

obailala:
I really thought he would have done the needful by at least being reborn, i.e. resting the 'Barcanista' moniker and picking up a new one but instead he strangely chose to be resolute

Finally it's like he's being followed by his village people... I cant explain how someone would just be destined to be in the opposition forever. Even at the time he's so close to losing the opposition role, he switches party to continue his good works as opposition e-warrior

Owoloku1:
How come you know all these things

barcanista:
it is surprising how you Jonathanians and TAN warlords concern yourself with Muhammadu Buhari's candidacy more than that of Jonathan. The same Ngige that you rejected in Anambra? The same Fashola that you accuse of looting Lagos or the same Oshiomole that you murder? It is very evident that the PDP and her apologist like you is bent on not seeing GMB on the ballot next year. Let me assure you that a President Buhari will takeover affairs of the State Next May.

barcanista:
Na una wey de believe the story na. Very Soon they will say Buhari walked on the sea. APC ehn...

ayoromer:
[s]buhari can not rule naija gone are d militry times where anybody come to rule anytime he talk wit d media he wil leave questions unanswered for d party does he has his own mandate to rul naija or d west tinibu n fasola can he read on his own naija is d only country whete president can not read n refer question to party members i pray let d wishes of d west not happen[/s].

buoye1:
[s]Ok.....But enough of this Buhari.Jonathan,Lai Mh'd,Okupe na!




Haba....Election don finish ooo[/s]

omenka:
Buhari, your fan dey here oo. I dey follow bumper to bumper, toe to toe. If I hear say u looseguard ehn!!

Meanwhile, stay away from "presidential dinners" for now. We can ill afford stories that touch at the moment. Whenever you're hungry, let Aisha do the cooking. I'm very sure she's got awesome culinary skills.

I love you so much sir.

Donmarrius:
[s][/s][s]Basta.rd.

Tell your illuminati,that we the true Light of the world,are waiting.


Tell them that it's Gej,or this hell-hole on earth called Nigeria will grind to eternal halt![/s]

Mogidi:
[s]Why are you speaking Igbo to me? Clouded by your self hate you thought I was Igbo so you can boast how God gave you a very long tongue to lick the butts of Hausa/Fulani.
Don't bother replying, I have as much interest in debating with you as I have of debating with squirrels.
Zero interest, bye[/s].

IbokUtoroh:
.n who r you pls?
whr do u rep, i mean ur state?
atleast u knw whr i belong, proudly akwaibomite.