Ikaeniyan0:
The market have been deregulated. Tinubu do not have the power to decide the price of fuel for filling stations owner.

Petrol Stations should work on converting to cooking gas and CNG stations. There is no much profit in petrol stations especially if it is private ownership. They practically now in same status as random retail businesses you see around.

sharone21:


On what u wrote NOW, we are saying the SAME thing

Sorry I misunderstood you. You are right.

sharone21:


Thought it will benefit exports more since foreign currency is earned ... But, imports, one will spend more Naira for goods in dollars( or similar 'hard' currencies). Just like now will favor remote workers more.... Truth is for a child of God, all 'weather' of the economy favors him/ her.

No, as exchange rate is high currently, exporters are making a killing.
Example, Musicians and digital content creators and services are categorized as exporters.
Students traveling to school abroad or medical & holiday tourists are categorized as importers.
The former are currently enjoying huge revenue remittances while the later are spending more to access the oversea services.

b3llo:
Hmmm..... Let them make the Naira to rival dollars head to head

These will not benefit exporters but will benefit imports, cheap goods, and unemployment. It’s like back to square one.
Wait, I thought economics is a compulsory subject in secondary school? So many Nigerians are completely delusional regarding some basic economic and financial policies.

talented321:
I just dey imagine what is going through his mind at this dying minute.

Dying minute?

UHLmoving:
When will Tinubu be arrested?

Asking in Nairaland? Go to force headquarters and ask them? Afterall, if there will be an arrest, they are the one to enforce it.

Greystone:
It’s true.
Upper week I drove my car to my mechanic for an engine oil and filter change and the mechanic’s garage had only one car being worked on. A large place that used to be a beehive of activity.
I asked the owner of the place why the place was so empty. He said that since subsidy was removed, majority of people have stopped using their cars.

Na Wahalla+Shege Pro Max Nigerians dey see now

Economics is double edged - It’s called scale of preference. If you think burning petrol and going to mechanic is a good thing then you have no idea about management.
Think of burning petrol and mechanic visits as taking your hard earned money and throwing it into fire 🔥. Then think of NOT buying petrol and NOT going to mechanic.
Weigh both options above 👆🏼 and choose wisely.

geesilver:
Waste of scarce resources

True! Let’s share it instead. 🤦🏽‍♂️

LikeAking:


Truth!


We have epeleptic power supply, govt is building rail way..

Sometimes I wonder what am still doing in Nairaland. It have outlived it’s usefulness to me. The comments I read here is a cause for serious national concern.

God1000:
True, Our roads have become very empty because so many people cannot even fuel their vehicles anymore

Is this dividends of democracy?

Yes it is 100%. Spending money to ‘burn’ hydrocarbon is waste. It’s like throwing money into fire. Use the money you are supposed to burn 🔥 in your car to better your live instead. Drink 🍺, merry, have fun around your neighborhood.

MXrep:
Pay them their money or get nuked

Lol. Nice one there.

Longest thread in the world.

OloYeOfEgbE:
No be only daughter....DeY PLay

It doesn’t suit your narrative.

bennybuhari:
God punish that cow rearer who set this country back for eight years

I agree with you that his policies set us back years but I don’t affirm Gods punishment. Besides I don’t even believe that God is capable of punishing anyone. All those Okd testament stories are what it is ‘story’ - tales by the moonlight.

kyber:


Because he does

Lol… 😂 na by force be that. Alright oo!

kyber:
I still wonder how this bike got up there and how does the bike owner move his bike to and fro those stairs for his everyday job.


Something must have thought this guy a lesson.

What do you think ?

How did you come to the conclusion that he moves the bike 🚴‘everyday’?

JetStar:


He started the Amnesty program to calm down the Boys. And it worked to a great extent. People want jobs and wealth. If govt. provide it, there won't be any problem. But govt. still wanting to control oil in our land and increasing poverty is what is constituting a menace to our people.

What a load of total and utter bullcrap.

Ihateheadslamer:


Meanwhile, the illegitimate INEC induced president select is still busy touring around the entire south west region at the moment

Your lord and savior from the SS was once a president, what did he do to mitigate this menace?

tommy589:


It should be ban if you want to conserve Forex for meaningful purposes and encourage local manufacturing. The damage done to our economy by these importations is better experienced. But government needs to provide enabling environment for our industries to flourish and be competitive

Years ago I was at the area of the last factory (textile) I worked. It was an industrial estate of over 60 textile factories,if not even 100,operating three shifts. Not a single one is operational again due to importation from foreign countries. I am talking of just one industrial estate out of many in the country

Look, anything you ban makes it way back through black market as long as there is demand for it.

Kill the demand and kill the market. While your position is ideal, it is not realistic as our borders are porous with corrupt customs officers all over the place. Won’t work.

To generate revenue and as well drive local competition, you have to place a higher duty on the imported items. Outright banning of items like wigs and attachments will encourage smuggling and government loses while the importer keeps making his profits.

kiddkash:

It is not your needs.
Should our women barb their hair to cut imports

Your women.

kiddkash:

Jack up duty, cost of goods will go up because marketers must make back their money.

They will add it when selling to customers.
Final consumers will be the ones to suffer

Talking about human hair and attachments. How is that any of our problems? Anyone who wants to buy such luxuries should be ready to pay for it.

tommy589:


It may reduce but won't stop it. For decades luxury mint cars have been on 100% duties

Ban it for a year and let's see if life won't go on

Ban will encourage smuggling and loss of revenue through black market. Best is to jack up the duty even to 100%. Let it fall under luxury items. If you decide to import then that’s a huge revenue to the govt. win win.

tommy589:
Stop importation of non essential commodities

No! Increase the duty to 50%. If that doesn’t scare the importers away it will scare the buyers. What nonsense. 9ja Women are actually the problem of this country!!
😡

oluseyiforjesus:
In a sane country this man will produce dat his friend n both of them will be charged to court, but in Nigeria na yahoo yahoo boys dey dey charge to court if he no settle them.......

How about the president they asked to stop it?

EyeCumInPiece:
Same one demolished because of Cross sign.
Religion has really eroded some people's brains.

That's a dagger 🗡 logo and not a cross. The cross they are talking about is the aerial view. View from the top appears crossed. That nonetheless is a useless reasoning.

God1000:
Putin has been finally humbled and humiliated, this will surely go down in history.

He wanted this kind of chaos in America under stupid Donald trump, now it's happening to him.

With Wagner pulling out of Ukraine, it's over for Russia, I don't see how a poorly trained and inexperienced Putin's boys will continue to defend Bakhmut and other cities Wagner forces captured for them

You have been fooled right under your nose and yet unable to realize it.

Lutherblaq:


https://dailytrust.com/we-captured-russian-army-hq-without-a-single-shot-wagner-chief/

Because it’s all a plan. Believe what is going’ on there at your own peril.

RingRoadMafia:


Ok.

That is your perception.

👇

RingRoadMafia:
Tinubu has one of the worst gene pools I've ever come across. How can you be old when you're young and even older when you're old?

You're ugly in present tense and past tense 🤦‍♂️

Nothing, absolutely nothing on this planet earth is ugly.

Oblitz:
Better. They should free rice too

Rice? Bad idea sir.

skywalker240:
Logical question

Irrespective of habitat, climate region, domain and territories, adaptiveness etc

Between an African Lion 🦁

A Silver Back Gorilla 🦍

A Grizzly Bear 🐻

And an Anaconda 🐍

Locked up in a cage, Who Would actually come out victorious

Ps animals fighting are not legal and shouldn't be encouraged, but if such situations ever take place, who will be the last one standing?

Please can this make Front page for a louder audience?

Thanks

They have used American 🇺🇸 National Geographic Channel to deceive you. The animal with the highest IQ will win 🥇. The Primate will come out victorious. There is no two ways about it.

Ireportlive:


Nnamdi Kanu and Ojuckwu are very charitable

😂

Hope you are happy now

Lol