₦airaland Forum

SpatialKing:
Is that the aim?

It is called motivation!
The spirit that puts an underestimatetor to shame

GuruboiNaija:
https://.ng/2023/09/02/one-arrested-for-vandalising-ibedc-transformer/

The title of the post should be corrected thus Man arrested for vandalizing community transformer in Ogun state.

Ibdec has not bought transformer anywhere since it establishment.
Every transformer you see within their control area were bought by the concerned community.
You can go and verify

Unperturbedpota:
But it's well known to everyone . The fact is can we even have one refinery working? Why not sell them off to private firms who will manage them so government can focus on governance.

They won't because those refineries are a sure way of looting funds

Focus on which governance?

Sharing of prayers into their mailboxes?

Which government owned asset that was sold to private investors is not milking Nigerians dry today with their extremely poor service delivery?

Mynd44:
This isn't true except the FG will introduce subsidy on crude oil to the refineries.

If the crude is supplied at market price, the difference due to importation will not be more than ₦‎50-70 naira

It sells for N24/liter in Lybia that is an oil producing country like Nigeria.

We won't buy crude oil nor manpower.
We can even decide to cell at N100 or N50 if we can completely eliminate smuggling of cheap petrol to neighboring countries while we officially export at international price

America is very wicked!

What a time to deport him to Nigeria!

If the deportation was done during yaradua's tenure it would have been better but not this APC regime

Ex0rrcist:
See you talking about no woman marry without love in the poorest nation on earth 😂 😂 😂. I laugh in 3d, people marry for a lot of reasons, a lot. Tell me all the young widows of alaafin loved him. 😂

Who told you they don't?
Except those who are forced, they all love it being a queen until the carnival is over.
Who among them will love to be a 2nd wife to a nobody? A king is ageless to them in love which was why they consented

Evestar200:
Maybe You are not her dream man

That Woman Married you because of Marriage pressure not because she loves you.

There is no way a woman who loves, Cares and has feelings will not like to do anything with you no matter how angry she is.

That is a big fat lie
No woman will marry you without love.
Have u ever seen a sad looking woman on her wedding day?
I am not talking about those in the northern part of Nigeria where you have no option.

She needs medical attention!

The op should start her treatment with a visit to a psychiatrist clinic. Medications and Further referrals would be made from there where necessary

Fuel pump price and forex rates are the only cause of inflation in Nigeria.
Money confiscation by emefiele which is the extreme side of what edun is proposing also created artificial hyper Inflation to the point that we were paying very high to buy cash.
This new economic policy will only inflict more pain on the already dying nigerians

I trust atiku will get the presidential ticket at all cost after the merger.

Obi and kwankwaso will become the G2 force against Atiku

APC will win again and the sufferings of Nigerians will continue

Generalyemi:
You people are really foolish.
Comparing buhari buhari and tinubu.
Comparing two failed govt from the same APC.

Suffering will barb your head.
Keep enjoying your Nigeria

The foolishness you are referring to is far better than that of the obidients

Buhari is better than Obi while tinubu is better that buhari.
You can go and verify but if you still don't agree, you can go to court

Generalyemi:
Get out

You can go to court if you are not satisfied

oz4real83:
these BDC operators will become jobless if the govt does the right thing. The govt should fight the corruption in the system and allow the market forces to determine the value of the naira.

Bdc is not a job in the 1st instance.
Banks ought to be changing currencies for Nigerians in need of it and not a 3rd party.

Bdc operators are not producing nor manufacturing anything to improve the economy of the country but are making life difficult for manufacturers with their so called profit from naira exchange.
That is why I call them forces of darkness

oz4real83:
Dumb policy coming out again, the BDC operators don't determine the value of our currency, the level of productivity of our country determines the value the naira will have, too much foreign exchange is leaving the country through import, foreign education, healthcare and others, with just little coming in, an economy dies when such a situation happens . Fix the economy, power, repair our refineries, provide quality healthcare and education, stop dollarising party primaries, effectively fight corruption in all sectors and watch the naira will come back to life

You don't know the level of damage BDCs is causing the naira.
Irrespective of all you mentioned as way forward, Allow BDCs to dominate the forex market and see naira fall to N5000 to $1.
It is called "market forces" for no reason.
These are forces of darkness

Generalyemi:
Trail and error government

Trial and error is better than "I don't care" approach of buhari.
At least efforts are being made to find solution.
Almost all scientific inventions are products of trial and error

Will $1 be equal to N1?

akingangan:
There are approximately 110 Million Nigerians above the Age of 18.

Giving everyone regardless of employment status 100 Thousand Naira Monthly will create the fastest growing economy in the World.

It will retain skilled Nigerian citizens in the country as a stay incentive.

It will cost 132 trillion Naira per year or $115 billion

25 percent of People will create a successful and taxable business from the scheme - 27.5 Million Businesses

Providing a universal basic income where 110 million Nigerians receive 100 thousand Naira monthly, could have a significant impact on reducing poverty and providing financial stability for a large portion of the population. However, there are several factors and considerations to take into account:

Cost: Implementing such a program would require a substantial amount of funding.

Funding: The government would need to identify sustainable funding sources to cover the costs of such a program.

Economic Impact: Providing a basic income could alleviate poverty and joblessness

Administrative Challenges: Distributing payments to such a large number of people would require a robust and efficient administrative system to prevent fraud, ensure fairness, and manage the logistics of the program.

Long-Term Sustainability: Funding a program of this scale over the long term would require careful planning and continuous evaluation to ensure its effectiveness and sustainability.

Funding
Resource Revenue: Resources like oil, minerals, or other valuable commodities, a portion of the revenue generated from their extraction and sale could be directed towards funding.

Tax Reforms: Introducing or modifying certain taxes could generate additional revenue. For example, increasing taxes on high-income individuals, luxury goods, or certain industries could provide funding for the program.

Value-Added Tax (VAT): Implementing or increasing a consumption tax like VAT can generate substantial revenue. A portion of the VAT collected could be allocated to funding.

Wealth Tax: Introducing a wealth tax on individuals or corporations with high net worth could generate significant revenue that could be channeled into the UBI program.

Financial Transactions Tax: Implementing a small tax on financial transactions, such as stock trades, currency exchanges, and other financial activities, could generate revenue while also discouraging speculative activities.

Inheritance Tax: Levy a tax on large inheritances to generate revenue from wealth transfers.

Land Value Tax: Tax the value of land to generate revenue from real estate holdings.

Tourism Tax: Implement a tax on tourism-related activities to generate revenue from the travel industry.

Lottery Proceeds: Allocate a portion of lottery or gambling proceeds to fund UBI.

Income from State-Owned Enterprises: Utilize revenue generated from state-owned enterprises
Customs, Airports, Airlines, Railways, Schools, Visa fees and so on



The Government can test this for half the cost for 6 months - Only $57.5 Billion and the Scheme should self sustain by the 7th Month

You've just wasted your own time putting all this together.
Any advice that will alleviate the pains of Nigerians is a waste of time.
But if you can think of how to inflict more pains, there is a higher likelihood that it would be adopt by our leaders.
That is how wicked leadership is in this country

lexy2014:
Is that you in the pix? You really look handsome.

How does immigration collect revenue for passport issuance?

The nairaland community have all known you now as a serial questions asker.
The joke is on you.

Continue fooling yourself here!

No +ve contribution on any thread apart from questioning.
Google was designed for your type but you chose to be famous here for the wrong reason.

Check responses from many who answered you recently, they now know who you are. SMH
Go get a life outside nairaland

lexy2014:
How does immigration collect revenue for passport issuance?

?

lexy2014:
How does immigration collect revenue for passport issuance?

The questions Merchant!.
Continue to be asking questions.
I hope you get paid at month ending

Google is where questions are answered for free.
You have to make payments before I answer any question from you again

The only solution is to proscribe the parallel market as a terrorist organization.

Subsidy beneficiaries are currently facing the music.

The parallel market needs a courageous decision against from the president if we want our naira to have value again

N206 profit without manufacturing anything to improve the economy of the country after collecting dollars from the bank is terrorism and economic sabotage

Same thing with subsidy
Government won't go after the wicked beneficiary but would rather inflict pains on all Nigerians

What then is the point banning importation of selected foreign goods that only the poor can benefit from if the rich can't accept luxury cars made in Nigeria

lexy2014:
since you have an international passport, then my question shouldnt be difficult for you to answer. lets try again.

How does immigration collect revenue due to passport issuance?

Oh! I see!
You are an Immigration officer.
Firs is coming
The time to face your real work has finally come.
Who won't need to deal with money with your uniform anymore
Passport fee will now pass through a transparent channel.
No more corruption
Hope is now renewed

lexy2014:
How does immigration collect revenue due to passport issuance?

It is obvious you don't have an international passport.
You can try to get one at the nearest immigration office to you then come back to share your experience

Good!
Firs should collect revenue in immigration for them to focus on their work.. the corruption just to collect passport is too high.

They should also collect revenue for police so that highway extortion should stop

Let him find his way into Europe where the poor can breathe

Or wait for the 8k for 6 months of this government

Extortion, bribery, multiple taxation and corruption are the basic reasons the entire nation is suffering.
The more money the few in charge are making, the more the sufferings of Nigerians.

ICPC AND EFCC has failed
How many uniform men have they prosecuted for extortion at the airport, at the border and on any road in Nigeria?
How many airport officials have they arrested for bribery and corruption?

An item with landing cost of N205 sells in the market for N1500 in Nigeria because of all this wicked people in uniform and tie

I see no reason why the unbanked should have assess to money deducted from the banked as charges.
This people have money but not willing to help the state economy with it. How many of then pay taxes, nepa bill etc?
Yet, they keep their money to themselves alone with high security threat to the state.. No matter how poor you are in the south, you will have a bank account as a contribution to data, economy and security

jmoore:
Claim A claim by IPMAN that Nigeria has the cheapest petrol in Africa made headlines.
The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Yakubu Suleiman, has said that even with the sudden hike in the pump price of petrol in Nigeria, the country still has the cheapest price of the
product among other African countries.


Verification A quick check in Libya shows that the price of octane-95 gasoline is 0.15 Libyan Dinar per liter. 0.15 Libyan dinar is 0.032 dollars which is 25 naira.

https://www.globalpetrolprices.com/Libya/gasoline_prices/

Verdict: Libya has the cheapest petrol in Africa

Where is the so called market forces that only inflict pains on Nigerians ?

nairalanda1:
It is competing. The issue is

The climate and the cost of labour.

Nigerian rice is very labour intensive, and is grown on irrigated land...which means a lot of extra costs

Thai rice is grown in a country that is basically forested and rainy. And has an environment good for rice growing. Same thing happens in Brazil. Also, mechanized.

So, the only way for a Nigerian farmer to stay competitive and pay for the extra costs is by selling at high prices.

If Nigeria was like Thailand...forested, with a lot of rivers, and with all year rain....rice would be very very cheap.

Just like saying we should ban importation of petrol to allow Kaduna and portharcourt refineries only to produce the petrol we consume locally for many years now not minding if it quantity and cost will cripple the economy of the nation as a whole just to save the jobs of the rich children working there.
You know we can't survive on that but since expensive rice only affects the poor, the poor are free to die?

They kept collecting salary as workers at the refinery till date with the rate at which we import petrol.
Why can't we also allow the poor to also breath with cheaper rice importation?