Usefulsense:


Australia really humbled me. Imagine a financial controller in Nigeria now picking and packing cartons in warehouses in Australia.

Hahaaaa..I am just imagining our financial controller in our factory here in Nigeria picking and packing cartons..
His belle no go accept that kind job..

Hemanwel:
You mean fuel queue resurfaces after we have Port-Harcourt refineries, Dangote refinery, and Warri refinery all working at the same time?? Osalobua!!!

If you had read the information by the OP..you would have know that it’s artificial scarcity created by filling station owners..simply because they want to increase the price.

saintopus:
But they told us that crude oil is being sold to Dangote Refinery in Naira so why the increase again

Paid for in Naira..but you didn’t ask for the price in Naira..
Well Tinubu in his last media chat hinted it’s a free market meaning the price in Naira is the global crude oil price times the Naira equivalent to USD the previous day.

PriceActionZ:
Good moves , but I think they should bring their prices down small. I heard that most of the trains travel on empty coaches due to high prices especially during the day.
At least there should be some ways or balances to reduce the price both off peak and on peak to generate more funds for LAG.

Bus is always cheaper than rail public transport..but faster!!..so depends on you if you want cheap use bus, you want to arrive at your destination early not minding the cost..use rail

Nazgul:
I've been complaining about this nonsense since.

You'll go to a bank ATM only to discover that they're not dispensing cash, yet all the POS agents around the banks all have cash. Before Ecobank Ojuelegba was demolished, there was a time I went there their atm wasn't dispensing cash, Access bank which is close to them too didn't have cash. Yet all the POS operators within that vicinity had suplurs cash. You can even request for 100k and they'll give you.

Even the banks who would manage to give you cash wouldn't give you above 10k. If you want anything above 10k go to POS.

Yesterday I made a withdrawal of 10k from a POS operator, she charged me N300. Yes you heard me right N300 to collect 10k. She told me that it's because of the new charges CBN put on them for 10k deposits and above. So if I want 50k I'll pay 1,500? What kind of robbery is that?

I've been saying this that banks deliberately starve their ATMs of money because many of them sell cash to POS operators who in return sell to customers at abnormal rates. CBN should keep up the good work they're doing by slamming them with heavy fines.

We are our problem in this country.

It’s not the bank..the real issue is that deposits now is very low because most of the institutions like supermarket, market traders, fuel stations who provide liquidity for the banks now prefer to sell to POS operator directly..
POS operator will pay 500naira or 1000naira for every 100k cash..so rather than taking the cash to bank..they will prefer to give the operators.

where will I put my NYSC certificate? same place with my educational qualification.

zed7:
Balablu. Perhaps., if this man was younger and healthier, he might have had something to offer. For now he has nothing left in him.

This man should have mentored a younger man and carved his name in gold.

Nah young man we wan chop??..even if he’s young and healthy..can a young man be everywhere at all times..??..
For your information..for you to be successful as a president you only need brains courage and not strength!!!..presidency is all about policy making!!

Nazgul:

Independant marketers placed the landing cost of imported fuel at 970 and NNPCl is selling their which is refined here in Nigeria for over 1k. And you're saying it's better for us to buy it that way.

Or are you not aware that the economy is linked to fuel. Meaning if the price of fuel goes up, the prices of food and other commodities would definitely go up.?

It's very obvious that you're still feeding from your parents and. That's the only explanation of this rubbish you posted.

It’s this same Markerters that once refused to import because they claim that the landing cost was 1300 or thereabouts when dollar price then was hovering around 1500..
So what changed now??..dangote came on board and they are claiming they can now import at 970 with dollar at 1700??..remember the air peace scenario..it was when air peace got the London slot that BA and other airlines knew they could airlift Nigerians for below $1000 to London..
Do the maths and see who is deceiving who..
2. Port harcourt refinery just started operation..they are not refining but blending!!..I don’t expect their cost to be the same…
All that is important is that there is fuel..enough of subsidies!!!

Nazgul:

Can you point one sector of the economy that's working and the masses are enjoying ever since Tinubu came on board?

Una go just de defend rubbish. You have 2 refineries yet fuel is over 1k per liter. Electricity has become more expensive than house rent, inflation keeps rising, people are being taxed to their deaths.

Yet you lots keep defending him. First it was costal highway, now this. Common sense can't even tell you that all these projects are just conduits for syphoning public funds.

It’s better we buy fuel at its true cost without scarcity than to buy at cheap price and fight everyday at the petrol station!!..

AngusTV:
Most likely a lamba

Same thing said about port harcourt refinery..where are we now..port harcourt refinery is working!!..
Haters go to hell!!..Nigeria will be great again under BAT!!

Nigeria will be great again!!!!!!

ideynl1:
Refinery or blending plant? Jokers!!
APC and propaganda. Just like Air Nigeria.

Refinery oo blending plant ooo..so far output is coming out for use by the general economy…it’s a win for us!!!!

NaijaphiliaBlog:


MARKET CAPITALISATION
7-Up Bottling Company: ₦30.5 bn
Nigerian Bottling Company: Delisted
Nigerian Breweries Plc: ₦937.2 bn

Above is why they are not the list.

Nestle Nig. Nko?

otokpsy:
This means that subside on petroleum has not been fully removed

It has bro..so far dangote is selling at 970 and making profit..no wahala make dem carry go

They can have their way so far we are not paying subsidy for it again..and besides the refiner is making profit from the sales..no wahala!!!..make them carry go..it will strengthen the naira on the long run

Sheuns:
Dollar is pegged at 1400 Naira in the budget.

LMAO.

Dollar to naira go surely enter 2000+ next year.

I doubt that..I like what Tinubu is doing..leaving all other entities to do their thing..just like the Americans.

AustineE1:
..from the above report,it seems these guys are not even sure of when electricity will be restored to the Northern parts of Nigeria.Thats very bad,to keep a whole region in darkness.Why did they allow it to get this bad before they repairs started,Buhari and Tinubu are both calamity personified,imagine from 2022 to date,they were both celebrating the inefficiency of their governments.

Electrical power machines when installed can stay like that for 100years without maintenance..except when intercepted by vandals..
I believe that tower that is causing blackout in the north was blown by terrorist

SadiqBabaSani:
Tinubu is punishing North simple, how can a whole region be without power for so long and it hasn't been rectified since

Who vandalized the transmission line??..was it tinubu..
Now to go and fix it..the staffs smog TCN are declining because it requires them to be inside thick bush for 5days!!..
They are afraid that they might meet with Boko haram inside the forest.

faceland:


₦160k
The let the. Eat the rice by themselves.

For 100kg and not 50kg

Hahjascho:
Hello bro what did you later do?

Left it in the hands of God to perpetuate justice.

Ola9ja23:
Lovely article
I know that LNG is used for cooking gas
CNG mainly for powering plant, gen or small vehicle

Hope I'm correct 😀

No!!..LPG is for cooking gas and not LNG

I had a had time comprehending what was writing up there…gosh!!

kettykin:
Nice . Lagos to Abidjan $15b and Enugu to Cameroon $ 300m . How I'll these loans be paid back.
.if have my say I will commence onitsha to Aba to Yaounde expressway via uyo , calabar as this will boost the export of Aba made things as well as boost trade. And there will be hopes of paying back the loans

Paying back the loan is not Nigeria’s concern..nah AFDB go pay back probably through tolling.

Even me wey never buy car but lived in Lagos all my life just dy pity for OP..
But Op for you to buy a 10million naira car you suppose get extra for bank as savings nah..withdraw it and go and collect your car..10million no be beans oo for Yoruba man wey go say “after all Nigeria jee gbese”..
Court sections nah 10yrs after dem dy judge case oo

Chriscee:

Dangote and bua Dey into construction??

I know dangote has a construction company..but I don’t know of bua

SmartPolician:


That man is 1000% right! Electricity has improved in the past couple of months. Those who don't own cars have no business with fuel stations. Many people have admitted on Nairaland that electricity supply has improved in their area.

I swear..nah from people wey own cars I dy always dy hear about increase in fuel price..
Visited the fuel station last in august..since then nah steady light from Nepa

koko3:
This is still bus fare but a better deal for those going to Oyingbo

It’s not expected to be cheaper than bus fare..in fact it should be more expensive but timely..

dominique:
And GTB has collected the baton, I've not been able to open my app since morning

Emails was sent nah..you for move some money to Opay or Palmpay..
Though they requested for 2days but you go nave funds wey go last you at least a week..because anything fit sup

OceanEye:
Now it is gtbank . Since morning I have been trying to transfer money for my children food. That's the only account I have money in.

They sent countless mails..so nah you do yourself..
I had to transfer some money from my Gtbank to Palmpay to keep me running for at least a week before dem go finish their nonsense upgrade..

It’s Gtb’s turn now..

hedonido:


They will say that the siblings are "lazy" or that he doesn't owe them anything. Meanwhile he will buy a Maitama or Banana Island apartment for one of his many mistresses for over a billion Naira, and open an easy as piss forex deal window for another mistress that would earn her over $2m within a year.

People need to be wise. But I guess they would never be.

To each and their own.

Can’t the siblings work to get their own money too??..must you dictate to a man that on how to spend his money he worked for?

lexy2014:


How is tenure responsible for politicians not focusing on carrying out their constitutional responsibilities?

Out of 4yrs..they only have 2yrs to perform!!..
First yr is for settling down..last yr is to plan another election for his second tenure..
Within the 2yrs he won’t be stepping on any toes so that he can secure his 2nd tenure..
Do you think if not for second tenure kyari will still be in office??..