₦airaland Forum

We4all:
I don't know what happened between them, but I have observed that most polygamous and promiscuous Nigerian men are quick to deny and abandon their children, if they are not in good terms with their mothers.

So many men have kids outside wedlock which they know about, but they don't care about these kids. It's insane to treat your kids differently regardless of whether they were born outside wedlock or not.

na greedy man you dey see so.

the man wan rule at all cost

IGpro1:
Once a soldier always a soldier

The Youngest and One of the most humble military head of state.

Originalsly:
This should be an eye opener for many ... who seriously believe looting is done by Blacks only ... and always have something negative to say. Now these are Whites .. they are silent.
I said this before ... Europe cannot survive without Africa. Making... Niger and Burkina Faso chased out the French... and stop sending money to them. What they had is now running out.... they're in panic mode what next ?..., invade the three countries. Those in Europe need to return ASAP.

BrickandLace:
Please screen all Indian DIL staff.
They want to do 2020 drama all over again.

Let's just say Miguel saw 'things'.

Enough things that could embarrass his employer, internationally

3seriez:
You see in that police letter where the Dangote Executive was invited for questioning yet never showed up. Just be a Big man with money, and you get away with anything.
A whole AIG invited you for questioning, and you shun him. Probably even had a police officer as part of his security detail.
If na normal citizen now, they would kidnap you against your will and quietly bundle you in one cell somewhere. Very Banana republic

insidelife22:
I can smell foul play
I think he knows too much

Leemzyy:
Men are Naturally wicked, if there's a pit of hell pls he should be thrown there...
Men never fails to disgusts, ewwww!

teepain:
But in all sincerity, how the hell Atiku and his goons privatized Nitel, Nigerian Airways and PHCN without paying off the employees back then is one of the 7th wonders of the world. Yet, Atiku has the temerity to be campaigning again for presidency!

nairalanda1:
The problem with fuel subsidy is that the government does not control production cost.

As a result , oil prices can for example shoot up very high in the year, and the government may not have the money to pay for the difference between subsidised prices and production cost...so borrowing.

Also, when a subsidy is in place, consumption of fuel increases. As fuel is cheap, people go buy am well well, and let's not forget, mass smuggling...these increase subsidy costs, and since money is not always available to pay for subsidy costs...borrowing results.

Also budgeting for subsidy in year X is always a hit and go game...as rises in oil prices can mean that the budget for subsidy would shoot up beyond what is budgeted...meaning more borrowing

This has been happening for decades in Nigeria. If not for debt forgiveness in 2005, and partial removals over the year, our debt today would be ten times higher than it is now in part because of repeated borrowing to pay for subsidy

I haven't even mentioned the stealing and corruption implicit in the thing. Anytime there is free money, stealing go happen.

It even gets worse when oil prices fall...subsidy costs may reduce, but so also does revenue to pay for the subsidies. Also, since naira value is falling at the same time, the cost of subsidy in naira terms would go up as well, meaning government may have to ironically spend more to pay for subsidy...which means printing of naira and more borrowing.

Also, before the borrowing happens, monies are taken from other parts of the budget to pay for subsides, and when that cannot be sustained, borrowing ramps up to pay for the subsidy and to fill in the gaps left in the budget (Angola has a subsidy, but it has a lot of abandoned schools, hospitals and road projects because money that would have been spent on them was spent on subsidy...hence angola wants to remove subsidy before 2028 ends.)>

(There is a reason why I don't like tinubu...he knew the above, yet mobilized people against gej attempt to remove subsidy because he wanted to be called presidnet some day. The irony is that if he had supported gej on subsidy, Nigeria would have had more money saved to pay for a limited subsidy today)>