Investors lossing money due to inflation.

The price of petrol in neighbouring country goes up in naira equivalent because of naira inflation.

If dollar goes back to 200. Fuel will be less then 200 without subsidy. Buhari removed subsidy more than twice but they are reintroduce because of inflation.

As long as the naira is unstable. There will be back and forth concerning subsidy. How long and how much damage will tinubu destroyed Nigeria before the people removed him?

If tinubu is from South south or south east. The South west would have been the first to demonstrate a protest to remove him.

Now that beans is now for the rich, what is the alternative of beans for the poor Nigerians?

Undadogg:


Hi, I am not into cars - so I am not quite sure.

My specialties are genuine Castrol Lubricants and OEM auto parts.

how much is Castrol 5w30 5L?

Another one

Thugnificent:
I don't see the problem here honestly, i can do all that for you at a very subsidized rate.

What do you mean by Abakaliki yam

Google Abakaliki yam

Thugnificent:
I could but why only Enugu tho

Transportation can be easily taken care of with no issues.

the yams will not be harvest at once. 20 - 30 every month. From December to April. Transport matters and I have to come check things myself.

Also I thought the Abakaliki yam is the first to come out. Very big and usually July and August. And before December they will all disappeared from the market. And now you want to farm Abakaliki yam?

AmericanIdiot:


What of chipper?

chipper Naira card didn't work. The dollar card is kind of expensive due to inflation. 3$ is about 5k. For things that would last a year.

Who can help me farm 200-300 big tubers of yam. And what is the budget? Yam will be harvest between December 2024 - April 2025. And Must be around Enugu due to transport wahala. What is the budgets?

All blame by this tinubulation government in power is pointing fingers to previous administration. But if we must tell ourselves the truth. The previous administration was terrible and brought Nigeria economy down within 8 years. And no matter what even if the last administration created so much problem and we are facing part of it now. It shouldn't be this bad like we are facing now.

This government met fuel at 185 and some filling station at 195-200.

Today it's 800. While diesel at 500 today it's 1300. Bag of rice at 35k today it 80k

Exchange rate at 400 today it's 1500.

One would have thought they have save alot of money from the pains they are causing the Nigeria economy and it people. But they save nothing and yet still borrowing.

Atiku and Peter obi wouldn't have end up like this.

Even If buhari were to continue as president I don't think we would find ourselves in this place.

If you do frequent hotels you will swear not to trust people or even get married. Men do Bleep People wifes every bleesed day in hotel.

Infect hotels are made to Bleep Peoples wife majority of the time.

They are making noises. Nothing will come out from this report

HanisahZuwy:
If you're in Abuja, I can make/produce and send to you a very nice swallow ( an alternative to garri), you would even prefer it to garri sef. It consists of cassava flakes, maize and few other things. It'll be properly processed and turned into a nice swallow you would love.


If you're interested, give me a PM.

how does the process goes can I see pictures and videos of it preparation?

Free money I'd a curse to black people. Go and find out any black community that is getting free money from natural resources always turned out worst than those get money from work and value added

Debt is a bad thing. A borrower is a slave. Living above your means is very wrong.

Nigeria should learn to manage what they have rather than borrowing and wasting it

Give me one reason why people will not save their money in dollars?

Someone who had 1billion naira in his or her account before tinubu government has lost so much of that value?

Whois:
Sure boss

thanks.

Do you use BVN to create the account? And must it be your real name?

Whois:
Use wirepay they don't have any hidden fees.

You can thank me later

is that virtual card?

What kind of card can I use to make payment to YouTube premium?

Elsueno:
No be truth


Sometimes I leave petrol for my gen for like 4 months. And it still works fine when my solar decides to misbehave during rain season or long time without power due to transformer vandalism.

leave a fuel in a transparent container for 2 months. Go and check with again the thing you will see inside.

Reasons why investors will not go to a country with unstable currency.


Foreign investors count their money in dollars, Even if they have billions of your country currency in their account. They count and measure it in us dollars.

When your country currency lost value it hurt their profits and causes lost. And if your country currency is unstable for more than a year investor will pull out from such country as it happened during buhari tenure. Those investors that will remain in a country with unstable currency will change 3 times of the actual worth of the service or items.

Example is if the price for the service is 1000. They will charge 3000 just because of the currency is unstable and highly volatile. As it happens with the airline. Air flight is more costly is countries with unstable currency.


The basic reasons is simple. Because of losses. And During the devaluation time during buhari first and second term. The naira moved from 200naira to 800. Someone that has 1 billions dollars equivalent of the country currency will lose so much as 1 billions dollars moves to 200 million during buhari. And now it's 1500 to a dollar even more worst.

So tell me who will come to such a country?

If the Naira start gaining value slowly, steady and continuesly. Investors will access the economy and check if the gain is a sustainable one. If yes they will quickly put in their dollars while the currency is still devalue in other to take advantage of the gain and appreciation of the currency during that process.

Alot of foreign investors losses their money to inflation. ShopRite sold out and run away. DStv is over billing Nigerians to cover Hugh losses. Investors confidence destroyed in the last 9 years

Yes you heard me right. Most filing stations are selling expired fuel. And it's one of the reasons it burns very fast.

The shelf life of gasoline is just 30days, after that it will start going bad.

gasoline do expires just after 30days but majority of Nigeria do not know. And in most cause the fuel already expired before they even enter the country not to talk of the time it spends on some filling stations.

Yes. Old gas turns to gum and varnish very quickly. It actually does this in a molecular way. Most of the gum and varnish particles are very small and usually cannot be seen by the naked eye in a newly fresh gasoline. But after some days these particles will first start to stick to each other to create larger particles which can be clearly seen with the eye and get bigger each passing day. Then they begin sticking to the fuel injectors or carburetor and causing the engine to not get the correct amount of fuel it need. In addition.


Old fuel can also cause other problems such as clogging, corrosion and gumming. As the fuel ages , it can form deposits and gummy substances that can block the fuel system and reduce the fuel quality and flow. Old fuel can also also attract water and dirt that can rust the fuel tank and engine. Rust can weaken the metal parts and cause leaks and cracks that can affect the safety and function of the car.

The time it takes for the fuel to go bad depends on the type and quality if the fuel, the storage conditions, and the usage frequency of the car, gasoline goes bad after about 30 days, while diesel lasts up to six months. But this can change depending on the temperature, humidity, air exposure, and additives. Some fuels have ethanol, which is a biofuel that can absorb water and separate from gasoline. Ethanol can also harm some rubber and plastic parts of the fuel system.

..lol. army headquarter? Make them go there na. If they will return back

Nothing will happen at the end. Highest they Will arrest people and maybe kill some especially passerby. The Nigeria security agencies like the intelligence

There are two things involved.

Your gauge might be having issues or sometimes it happens like that and it will go down suddenly if you do few km and you will begin to wonder why.

2. Might just be the original fuel.

Currently only MTN network is capable of online streaming in my location. MTN 4G LTE is more stable. Airtel use to be super fast but lately they are very terrible. And while Glo is total rubbish.

I did streaming for just few hours in a day and used up about 5gb on MTN which is not sustainable. Even in a month it will be more than 100gb

My DStv just expired. And I am tempted to resubscribed the yanga package for 5k. My problem with DStv is lack of content. And one is not in control of what they watch unlike the data TV.


What YouTube data package that can give me better data for a month for that 5k. Otherwise I will just opted for DStv.

That feeling of TV showing something even if you are not watching it. Is why cable TV is good.

Data TV is much more expensive with subscriptions here and there.

CuriousCart:
Location?

asking for location? Are you not in this country?

What is the fate of Nigerians concerning the price of fuel?

The federal government is yet to respond to Nigerians what they are doing to bring than the price.

I was shocked to see more filling station selling fuel now. Before now they shut down and claim there is no fuel. But some of them are now selling between 800-900.

Is this the new price of fuel? 5k can only get you 4litre that can't take you to work and come back.

I bought this cocumber that was very bitter. At first I was eating it because I like bitter stuff. But another thought make me to scared. I have never seen a bitter cocumber before and I don't know if this is normal or abnormal? Or there is something wrong with this cocumber. I have eat half of it already.

there is the current trends about cat for years. Majority of them usually run from home to gain there freedom outside.

There was a case back them my neighbour cat disappeared. After about 3 months the cat came back home. But they became scared to keep the cat.

There is also one they start behaving strangly they had to dump the cat somewhere. But surprisingly the cat reappear.

They had to travel really far to release the cat in one village bush. Before it was unable to return home.

Most cat you see on the street at night. are cat that run away from home.

...this electricity increase is not a well thought decision. It will cause inflation greater than fuel subsidy. Tinubu will burial Nigeria. The increase is just too much and unsubstaniable.

It's the government that devalued the naira as against the dollar. Making gas and fuel even more expensive after subsidy removal.

Increasing tarrif because of dollar will further burial Nigeria in the coming months. It usually take 4months before these types of effect start puring in.

Just imagine university of Benin as a big factory? And a sudden increase in their tariff.

What would happened to this type of company? Increase of their products by 300%. And there will be two things involved. Either they closed up or they lost market share. They will reduce workers loads as well.

This similar thing is what is happening accross the country for people using large electricity bills. so many companies currently. Hotels and factory will find it difficult to stay are float.

The billing is too much oh .

This band a policy would affect business

Faposky95:


Is tomatoes not worse......?!

people no longer cook stew again.