₦airaland Forum

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs

NLC must help Nigerians hold their leaders accountable

Dont say

This is just Fraud without end. Instead of Tinubu to go after these criminals, the already poor Nigerians are made to pay for the sins of these politicians.

While the EU tells us what we already knew, We welcome the enemies of Nigeria to attack EU as usual

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs

Nigerians have to be the easiest people to distract. Immediately EU issued her report on the fraudulent election, APC led FG had to quickly come up with a distraction (and it had to be tribally laced). JAMB invites DSS to investigate a secondary school student..... BOOM!!!

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs

okay

Let's start with the government patronizing Made-in-Naija

Okay

okay

okay

Okay

Shameless murderers

This Tinubu man wants to kill of Nigerian masses pata pata ...... Chai

iammo:


Americans should focus on thier own banking crisis

High intrest rate, which will make entrepreneur drive prices of goods up

Silicon valley bank, Signature bank , just collapsed with people's deposit they are giving us useless advise

Imagine, I sell bags of rice, and my capital is borrowed from a bank at 28% intrest rate for 1,000,000 now if Banks listens to US and up it to 35% is it not my customers that I will spread the intrest on
.

Your Tinubu you spend all day and night defending here will eventually increase the interest rate. I will quote you when he does.

Una never see anything

Even when everyone knows it’s against the interest of Nigeria, Tinubu will do it….. and this is why

The West has got the President they need to do all their bidding. They've got Tinubu by the balls .... they have all his dossier ranging from the drug activities to fake identitiy, fake education, rigged election etc. The West got their best puppet.

TINUBU HAS NO OPTION THAN DO THE BIDDING OF THE WEST. Otherwise, he loses it all.

All policies implemented by Tinubu are per IMF and world bank recommendations and aimed at further impoverishing the Nigerian people further like they do to all third world countries.

Only Nigerians can save themselves by taking their country back

The Situation is almost impossible

A salary earner who earns 100k, lives at Magodo or Isheri and works in Victoria Island spends over 80K a month on transport alone. How can he continue the job?... how does he feed, pay rent, feed the family, pay electricity and other bills, buy airtime and data, cloth himself and family, deal with general life expenses?

How does a barber who spend 1.5 liters of petrol to barb one person break even, How do you expect a Nigerian in remote Osun to pay 3K to barb hair.... how does the barber survive with increased electricity tariff and increased fuel price?

How does the hair stylist and tailors who depend on fuel to carry out their business break even?, if they inflate their prices ... how many Nigerians can afford it?

author=LordviccoDaGuru post=124184517]

Are all your nuts in the right location?

[quote author=LordviccoDaGuru post=124184517][/quote]Are you really normal?, a lot of abnormal humans on nairaland

The fact that a few humans with breath like every other will hold a nation of 200+ million people to ransom is a real cause for concern.

How 200 million people cannot see through the antics of ethnic and religious politics aimed at chaining them.

A nation of zombies

Nigerians must stand up and take back their country

Or else…. These criminals in power will watch us all die slow and painful deaths

Paid sycophants littering cyberspace with utter rubbish while the people gnash their teeth in terrible suffering.

A nation of selfish hypocrites

They steal your mandate
They sponsor tribal and religious political narratives
They bribe INEC
They bribe the Judiciary
They call your bluff and capture the state
They take away your fuel subsidy without fighting corruption
They take away your funding for tertiary education
They add VAT to your fuel and diesel
They introduce VAT on your carbonated drinks
The increase your electricity tariff by 40%
They increase their own salaries by 114%
They budget 24B for their HoA Accomodation
They budget SUVs for themselves, generals and service chiefs
They take looting to another level and they tell you to sacrifice
They pay propagandists to distract you from the evil they are inflicting on you in social and news media

You now trek like your life depends on it yet you can’t save anything, life is excruciating
You go to market and you can’t buy anything meaningful, you feel something is wrong with you
Your kids go to bed hungry and you blame yourself
You will withdraw your kids cos you can’t meet the new fees
Your thoughts are overwhelmed with the ways to survive, feeding has become luxury
You are contemplating quiting work because the salary cannot cover transport alone
You are frustrated

This the Truth: your political class are ready to punish you to death as long as they afford their extravagant lifestyle.

Unless you fight back and hold these criminals accountable, they will take away all you’ve got and dance on the grave of you and your loved ones.

You must take your life and your nation back

Okay

The government of the day aims to further impoverish the Nigerian people and killing them off.

Food scarcity is the least of Tinubu's worries... his policies seem to ensure proper hunger across the land.

Nigerians must wake up, shun tribal and religious divisions and hold the FG accountable before they kill us all off

Same old criminals

uvie66:
how is riding bicycle tantamount to hardship, the former UK premier had a habit of riding bicycle to work.

Until Tinubu starts riding the bicycle like his UK counterpart, your propaganda is stale

They steal your mandate
They sponsor tribal and religious political narratives
They bribe INEC
They bribe the Judiciary
They call your bluff and capture the state
They take away your fuel subsidy without fighting corruption
They take away your funding for tertiary education
They add VAT to your fuel and diesel
They introduce VAT on your carbonated drinks
The increase your electricity tariff by 40%
They increase their own salaries by 114%
They budget 24B for their HoA Accomodation
They budget SUVs for themselves, generals and service chiefs
They take looting to another level and they tell you to sacrifice
They pay propagandists to distract you from the evil they are inflicting on you in social and news media

You now trek like your life depends on it yet you can’t save anything, life is excruciating
You go to market and you can’t buy anything meaningful, you feel something is wrong with you
Your kids go to bed hungry and you blame yourself
You will withdraw your kids cos you can’t meet the new fees
Your thoughts are overwhelmed with the ways to survive, feeding has become luxury
You are contemplating quiting work because the salary cannot cover transport alone
You are frustrated

This the Truth: your political class are ready to punish you to death as long as they afford their extravagant lifestyle.

Unless you fight back and hold these criminals accountable, they will take away all you’ve got and dance on the grave of you and your loved ones.

You must take your life and your nation back

nairalanda1:
The thing is, we are subsidisng our true production of probably around 60 million liters a day, plus 33 million liters a day smugglled.(Not all of it is going into vehicles...the power problems we have means we consume a lot of petrol via generators).

(We are not doing 15 million . Ghana does half of that, and there are 20 million people there, plus better power supply).



Also, the problem with subsidy is that the production and transport costs risies, and with it, the subsidy cost. Take more from the budget to fund subsidy, deficit results.

In 2010, we spent 25% of our earnings on keeping fuel at N65. 2011, it had gone up to 60%. If there had been no partial removal in 2012, it may have gone up to 100% in two years, if not less.

Ditto 2018 and 19.

Plus, who is going to loan one money to build a refinery if we insist on subsidising fuel? Who is?

That's why when three candidates in Jan 2023 are saying subsidy must go, there is a good reason. A cold good reason.

Subsidy is sustainable if we subsidize our true consumption. The people should not be punished for the failure of the politicians.

Government is about the people and not about the politicians. We claim we have no money for subsidy but they have money for the Unending looting.


There are still a lot of things to be done before total subsidy removal. They should go after the subsidy thieves and close our borders to smuggling products.

They should prosecute and jail defaulters. They should subsidize our true consumption which is about 15million liters a day and not the 66 million liters they claim due to corruption.

They should reduce the cost of governance , their allowances and lots of waste to be cut first. Government is about the people and not about the politicians.

They should fix the power sector and provide enablers for the manufacturing sector

There are lots to be done before total removal of subsidy. Everyday we hear this politician stole 130 billon, another 77 billion….. unending looting.

They should not transfer the inefficiencies of governance to the people. These criminals in power must be held accountable

Okay

nairalanda1:
Yes, and then, we would end up being broke if we spent more and more on subsidies

Look, old man, I am not speaking for Tinubu. I am someone who has been supporting subsidy removal for 11 years. Like I said here, subsidy costs keep rising year in and year out, even when we account for smuggling, stealing and so forth, and take them away....and they eat more and more of our revenue.

And when we spend more of our revenue on subsidy...how do we replace it? Yeah, borrowing.

If It was obi or atiku taking this decision, instead of Tinubu, I would still be saying the same thing.

Welcome to the hard reality of economics in Nigeria. We can pay for subsidy, you and I would be happy, and everything goes swimmingly till w e wake up one morning and find out the thing is eating our earnings, borrowed money, and leaving us with no choice but to borrow more to fund the budget. And when IMF says no?


Niger , Ghana, are both poorer than us, as is Chad. No subsidies, and they all have working refineries. Niger even exports self.

Subsidy is sustainable if we subsidize our true consumption. The people should not be punished for the failure of the politicians.

Government is about the people and not about the politicians. We claim we have no money for subsidy but they have money for the Unending looting.


There are still a lot of things to be done before total subsidy removal. They should go after the subsidy thieves and close our borders to smuggling products.

They should prosecute and jail defaulters. They should subsidize our true consumption which is about 15million liters a day and not the 66 million liters they claim due to corruption.

They should reduce the cost of governance , their allowances and lots of waste to be cut first. Government is about the people and not about the politicians.

They should fix the power sector and provide enablers for the manufacturing sector

There are lots to be done before total removal of subsidy. Everyday we hear this politician stole 130 billon, another 77 billion….. unending looting.

They should not transfer the inefficiencies of governance to the people. These criminals in power must be held accountable