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Politics › Re: 2027: Why Fuel Subsidy Must Never Be Returned. by FSBoperator: 1:41pm On Aug 22
OneCandleAway:
Since we know the governor will not use the funds for the benefit of the people what's the point of giving them excess funds
If you spent a fraction of the effort and time you waste attacking and demanding from the FG on your state governors and their rubber stamp House of Assembly, just maybe they will sit up.

In Abia , for example they are cheering that dwarf pillaging their state in the guise of mediocre projects .

Enugu State governor is the only one in the SE currently that is using the excess windfall to improve the state

He is even bold enough to improve IGR for the state .

Enugu is a prime example of what subsidy removal benefits are in the hands of the right and just leadership.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 12:41pm On Aug 22
GEJDHERO:
There would always be provisions for that...and by the way its time for state governors to start generatiing money for their day to day activities, they cannot be relying solely on the federal government to always bale them out. Apart from the subsidy savings where is all d money TINUBU has be borrowing gone to??
A quick glance at Nigeria's external reserves will tell you were those savings are going to.

A quick check on FAAC numbers and distribution to states will tell you were all that money is going to.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 12:15pm On Aug 22
DatNiggaDaz:
grin grin

Why should fuel not be subsidized data boi. Di you even understand what you are talking about ? The messiah you are supporting has shown you that your support for his failed policies has made Nigerians poorer and driven the country far deep into the poverty Index

What has your messiah acheived in subsidy removal. The report stated clesrly how the increase in state allocations has not improved the economic conditions of Nigerians rather it has made it worst.

The report highlighted so many instances of removing subsidy and made examples why that subsidy removal has been a disaster.

What is your point data boi ? You are all over the place displaying datignorance
No be today I have been writing about how you Ibos are always against SS interests.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 11:10am On Aug 22
AMINDA:
Succinctly put!

"If Atiku’s proposal demonstrates ignorance, what does Tinubu’s policy demonstrate? Any honest person knows the answer: cruelty. Between ignorance and cruelty, which is more benign? You be the judge"

- Prof. Farooq Kperogi.
You have no constitutional right to subsidized fuel .

Why should Fuel be subsidized but the agricultural products from northern farmers which are heavily subsidized by the FG are not ?

What makes crude oil in the Niger Delta everyone's common wealth but the gold in zamfara not ?

Atiku should first nationalize all of Zamfara gold that is being mined by terrorists and their enablers use the revenue from it to pay for fuel subsidy.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 11:04am On Aug 22
AMINDA:
Over 30 countries globally currently subsidise fuel in one form or the other. They aren't practising Communism. Even the US subsidizes its agricultural sector and many more areas.

Tinubu’s courtiers may clap because FAAC allocations have increased, but hungry Nigerians cannot boil FAAC figures for dinner. Businesses cannot power factories with presidential speeches, workers cannot pay transport fares with macroeconomic grammar, and parents cannot settle school fees with statistics manufactured for State House applause”

- Alhaji Atiku Abubakar
And we can't afford it.

Plain and simple.

We practiced it for over 40ys starting with Murtala and where did it get us ?

You can also argue that Trump is also subsidizing US crude prices by draining the US strategic crude reserves but that is now over because the reserves have plummeted and can not hide the fact of 30% global crude supply taken out from circulation due to the closure of the straits of Hormuz.

The fact remains that instead of subsidizing our major revenue earner for domestic consumption, subvention should go to infrastructure and agriculture.

Stop wasting money you don't have on a limited resource .

EV technology is getting cheaper .

Partnering with China to build EV battery plants in Nigeria can go a long way in solving the transportation issue.

Channel resources to sustainable and job creating ventures instead of a corrupt subsidy regime.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator:
AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar
And you do not build a true federal system by robbing Paul to give to Peter

That is communism and not true federalism.



Part of the subsidy removed on fuel is that which involved the cost of transporting fuel from its point of lifting to the farthest location inland.

The FG subsidy regime ensured that the cost of fuel in Lagos was the same in Sokoto.

We in the South have been subsidizing you for too long.

And to make matters worse, the fuel was diverted through the porous northern borders to neighbouring African countries thereby creating a cartel of smugglers who benefited from the wasteful scam.

Free Enterprise is what we are practicing and not communism


If you want communism so bad go to North Korea or Cuba.
Politics › Re: 2027: Obidient Movement Denies Sending Emissaries To Atiku To Step Down For Obi by FSBoperator: 10:47am On Aug 22
mohbadliveson:
Before Tinubu and APC realise what the opposition is planning, it will be too late. I want to see the magic that Wike can do
Opposition is as confused and as disorganised as a haggard witch.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 10:43am On Aug 22
HIGHESTPOPORI:
If Ordinary Nigerians prefer subsidy to return and fuel price go down,so be it.Its not sitting Govs that would decide because they want the subsidy money ,it's the people bearing the pains of high fuel price that would decide
You won't be saying this trash if states had full resource control.

This is why I keep writing about how SE is the biggest enemy to resource control for oil producing states and have documented several instances were SE have sided with the birth to deny Oil producing states full resource control .


Let's do it like this, let every state control their resources within their domain and keep 50% of it for themselves and remit 50 to the centre .

When that happens, I will see how you will demand for free oil money and subsidy payment.
Politics › Re: 2027: Why Fuel Subsidy Must Never Be Returned. by FSBoperator: 10:38am On Aug 22
Penguin2:
If Tinubu is mismanaging our subsidy gains, why don’t we focus, rather, on getting a replacement that will properly channel those funds to things that will benefit the generality of Nigerians instead of talking about returning subsidy.

Meanwhile you have not answered my question…

So, if Atiku returns subsidy, is the subsidy going to stay permanent or after some years it will be removed again and will start this cycle of adjustment to subsidy removal all over again?
FAAC allocations are in the public domain.

The State and local govts get
26.72% and 20.60% amounting to 47%

FG keeps 52% and this is what the FG is using to maintain a federal civil service , military, federal police force and other paramilitary outfits , Federal courts and Judiciary , diplomatic corps and embassies across the world, financing of debt , federal projects, maintaining federal tertiary institutions and research centres ,etc.

Now your state governors have all hijacked local govt funds and they are holding on to a sizeable chunk of total revenue

What are they doing with it?

For instance, your dwarf is constructing substandard roads at #6bn per kilometer.

Budgeting #250 Millon for one photocopier.

1.5bn for one Hilux truck.

The level of corruption at the state level and lack of accountability and demand for such is what is killing this country.

Go and hold your governors accountable for their share of subsidy funds
Politics › Re: 2027: Why Fuel Subsidy Must Never Be Returned. by FSBoperator: 10:28am On Aug 22
AMINDA:
Tinubu is paying more on fuel subsidies than previous administrations did. He has only found a new name for it, "energy security." Tinubu has also outborrowed all previous administrations who paid subsidies with less infrastructure to show for it.

"Only living people can enjoy future gains. A government that starves people in installments cannot redeem itself with a hypothetical prosperity scheduled for an undefined tomorrow."

- Farook Kperogi
Liar

That was money spent to subsidize electricity and not fuel .

There's no subsidy on fuel .

The only existing subsidy the FG pays is to GENCOs to produce energy as GENCOs are struggling over high cost of LNG.
Politics › Re: 2027: Why Fuel Subsidy Must Never Be Returned. by FSBoperator: 10:23am On Aug 22
AMINDA:
What Atiku is proposing is not a return to the previous model of subsidising imports. He wants to subsidize production as was done by the government in the 80's. This has been done on the past before and that was what Buhari and Emefiele were hedging on for the Dangote refinery to come on-stream before implementing the naira-for-crude deal. Tinubu just came on and abruptly removed the subsidy without any buffer only to end up paying more as energy security due to the resultant shock. That was what tanked the economy.

Watch the video below for an explanation.

Atiku once campaigned on unbundling NNPC.

So is it the same NNPC he is going to revive their moribund refineries to begin producing refined fuels ?

You should also factor that 400,000 barrels of crude from JVC operations are allocated by the Federal govt for local refining to which Dangote is the major buyer of such at prevailing market prices.

Will FG now deny Dangote refinery and then gift NNPC the 400,000 barrels for free so they can produce refined products at a fraction of the cost at a loss to the refinery which the FG is expected to cover only for the discounted fuel to find its way across the border to neighbouring countries to be sold at a much higher profit?

And when NNPC products are not supplying the market owing to diversion and Dangote is forced to import crude from overseas, you will expect Dangote to sell at NNPC subsidized rate only for Dangote stock to find its way across the border .

This is pure retardation of the highest order .

The Federal and state govts will become bankrupt over night if this policy is announced because the increased allocation to states comes from money saved from sustaining this wasteful subsidy that only benefited smugglers and NNPC staff.

The new minimum wage states have implemented is only possible due to savings made from subsidy removal.

How will the states pay salaries ?

What of existing liabilities and obligations to banks that state govts entered into to carry out projects based on their new financial status?

How will they pay staff salaries and meet their obligations to contractors and financial institutions ?


Atiku is really daft.

Instead of campaigning on the grounds of seeing to the strengthening of the naira to improve purchasing power , he is talking of returning subsidy


No state governor will ever support that rubbish because it will see to a scenario where states will require federal bailouts to meet their obligations .

You are going to see a return to long queues at filling stations , scarcity regime, fuel being diverted to neighbouring countries which only benefit the smugglers and a scenario of serious insolvency for both federal and state governments not able to even pay electricity bill talk more of salaries of staff.
Politics › Re: Why Atiku’s Subsidy Gambit Rattles Tinubu- Farooq Kperogi by FSBoperator: 10:08am On Aug 22
Anyone thinking Atiku or any other politician can lie brazenly on returning fuel subsidy to garner votes is delusional.

If Atiku is even honest (for once) that he will return subsidy, has he even considered that no sitting state governor will be in support of such ?

Their allocations will only plummet and those ones who have taken on projects based on their expected monthly allocations will not be able to complete it.

There are also loan obligations by states based on this current allocation made only possible by fuel subsidy removal.

States will not only be able to complete existing projects but also their loan obligations.

What of the new wage bills ?

How will both the state and federal govts meet their new obligations to staff while still paying subsidy ?

There's no way in hell freezing over that subsidy can be restarted without heading the country straight to bankruptcy.
Politics › Re: The Return Of Fuel Subsidy A Great Blessing by FSBoperator: 9:50am On Aug 22
AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar
A true federation will entail that every federating unit contributes to the centre and not be a liability to other federating states.

If your state can not pay it's workforce and provide basic public services and amenities without federal intervention, then you don't have a federal system but mere provincial govts .

This is why we keep hammering it on your heads the need to restructure and devolve powers from the centre back to the states.

A true federal system will not see Abia getting 700% from VAT revenue collected and distributed by the Federal govt .

A true federal system will not see Oil producing states being short-changed into collecting only a paltry 13% of oil revenue generated from their states.

A true federal system will see states owning up to their responsibility of providing and maintaining a police force of their own without relying on Federal govt to provide internal policing.
Politics › Re: The Return Of Fuel Subsidy A Great Blessing by FSBoperator: 9:42am On Aug 22
Beautifulday:
Atiku has promise to return fuel subsidy if elected.

Let's explore this option critically.

Fuel subsidy explained

Fuel subsidy means the government paying part of the fuel price for her citizens per litre.

Right now, it cost 1300 naira to buy a litre of fuel at the fuel station. Government will determine how much they want the citizens to pay to reduce their financial weight. The government then pays the balance.

Let's assume the government wants the citizens to pay 600 naira per litre, then the government will pay the balance of 700 naira.

Challenges and prospects

The greatest challenge of paying fuel subsidy isn't the money needed to pay for it but the system that will ensure the payment is corruption free and that the fuel gets to the citizens and not exported outside the country.


Funding fuel subsidy

Funding fuel subsidy will never be a challenge to a prudent government. The Tinubu government sees funding fuel subsidy as a challenge because it is a wasteful government.

A government that sees the comfort of the president and his associates as superior to the comfort of the citizens who elected him to lead them into comfort and better life can never sacrifice a penny to his citizens.

A look at his lifestyle is a proof the man cares only for himself and his family.


Fuel subsidy delivery

The delivery of paid fuel subsidy is easier now than it was years ago with the entrance of Dangote into the fuel business.

Dangote has fuel stations that registered under his cooperation. He can easily be paid the fuel subsidy and deliver directly to Nigerians.

NNPCL or whatever is their new name is a rival to Dangote in the Down stream sector. They have their own customers also. The government can pay them directly and they have the fuel deliver to Nigerian end users.


Blocking corruption

If Dangote and NNPCL are the only players in this game. They will be held accountable if any of their agents is caught transporting fuel outside the country.

Government should go into agreement with them to pay 10 trucks for 1 truck caught trying to transport fuel outside the country and all the players in the know going to prison.

Government should put trustworthy people at the borders of concern who should be changed a fortnight without notice and never to return to that station for at least a year period.

Fuel subsidy return if managed well will be the biggest blessing to Nigerian economy.
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.
Politics › Re: Ben Murray-Bruce Proposes An Alternative To Petrol Subsidy by FSBoperator: 9:36am On Aug 22
I believe Katsina state govt operates a subsidy transport scheme with their Katsina state transport service.

Although the state transport service is mostly for inter state and intra state movement .

This is a novel idea brought by Bruce and every serious governor committed to improving the welfare of its citizens can key into this.

I also will suggest that since Bruce is proposing for intra city movement, states should consider investing in EV buses.

The Chinese are out producing EVs that outperform everyone else at a fraction of the cost of a typical western EV.

I will suggest that instead of EV buses, the state should look into purchasing hybrid EVs that have an internal fuel generator to charge the buses.

States like Lagos should do away with those diesel powered buses for Chinese EV self charging hybrid buses to replace their current fleet of diesel powered buses.
Foreign Affairs › Re: Turkey Takes Out Interpol Warrant On Netanuahuy by FSBoperator(op): 9:21am On Aug 22
Elusive001:
I didn't bother myself reading all the things you vomited.

Bros, there is no need arguing.

Relax and watch.
Zionism is satanism

And since you guys embraced it through Nnamdi Kanu's well poisoning which you all gullibly accepted because your inferiority complex saw to you embracing what you are not over the shame of what you are, and evil cloud has come over all of you.

You accepted satan and so you have become hell itself.
Politics › Re: Why FBI May Still Be Keeping Tinubu Files Sealed After 33 Years – Mike Arnold by FSBoperator: 8:59am On Aug 22
In short, nothing.

21 st of August has come and gone and no FBI files released


Von Batten Okeke said the files will be on Trump's desk but 21st has come and gone

Atiku, those Ibo guys in your circles are scamming you .
Foreign Affairs › Re: Turkey Takes Out Interpol Warrant On Netanuahuy by FSBoperator(op): 8:55am On Aug 22
Elusive001:
You guys still don't get it. Turkey can be whatever she wants to be. It is not our problem.

The issue is that Israel has been restored to her land and even the whole world combined with all the kingdom of darkness WILL NOT BE ABLE TO REMOVE ISRAEL FROM HER LAND OR DESTROY HER.

The only being who has the capacity to move Israel or punish her is GOD Almighty, especially if He counts any of Israel's sins against her.

The Holy Bible contains the major things you need to know about Israel.

I have told you that a time will come when the USA will stop supporting Israel. It may most probably be when muslim increase significantly in number in the USA and the USA government.

After these wars and may be a few others, you muslims will leave israel alone for some time before Satan gathers some of you for the war of Gog and Magog.

For now, go and rest.
When it is written in Revelations of the Jews returning back to Israel, it is a harbinger of evil and not of God reconciling with them .

What have the Jews done to win back God after He chased them out of the land and severed the covenant with Abraham?

Have they accepted God's Son, Jesus Christ as the Messiah?

At the heart of Zionism is the Third Temple .

As a Christian that you falsely claim, is there anywhere it is written that a Third Physical Temple will arise again?

Did Christ not state that His mission is to destroy the old and make a new covenant between God and all mankind and that the new and final temple is the body to which the Holy Spirit will dwell?

Zionists are Satanists and their only reason for occupying Palestine is to build a temple to their god, Satan on the very place the temple stood.

That is the abomination of desolation standing upon the holies of holies .

Jews are out to spite God and tell Him, see we returned and we have built out temple to worship our father Satan.

No Christian should ever support Zionism just as the Catholic and Eastern Church saw it as an attempt by Jews to spite God.

Their sentence to wander aimlessly as their father Cain has not been revoked.

By the way this isn't the first time Jews have attempted to build a third temple .

During the reign of Julian the Apostate, they were given authority by him to rebuild their Temple

Go and read up how fire 🔥 from the depths consumed all the workers working on the site.
Politics › Re: Nnamdi Kanu 110% Correct In Everything He Said About Nigeria -dele Farotimi by FSBoperator: 8:43am On Aug 22
Thiefobi1:
This one thinks obidient care about him.

Non-igbo obidient are just a pawn.
It's called useful idiotes


And they are the first to be shot and disposed off when the revolution takes over.

Every revolution other than that of Spartacus against Rome has at its core and ethnic agenda.

The Jewish Bolsheviks who dominated the communist revolution take over of Russia, referred to ethnic Russians within their fold as useful idiotes because the Jews knew it was obvious to the blind due to their overwhelming dominance of the communist movement , what the aim of the revolution was all about which was a Jewish coup to usurp powers for themselves.

All the non Jews in the Bolshevik movement ended up shot .

This is also how Uthman Dan Fodio's islamic revolution ended up having only fulanis in power and authority over the Hausa majority.

People like Dele are self hating and there's a word for this and it's called treacherous.

What he doesn't understand and refuses to accept is that Biafra is not limited to seccesion of the Ibo people from Nigeria.

If that was the case , they would have since left .

Biafra is incomplete without annexation of the SS people and their eventual purge and expulsion from their land .

Dele is also being dubious to state that Kanu was jailed for being a critique of the state and clamouring for seccesion


All the charges he was arraigned for and duly convicted on do not include critisizing the govt or demanding for seccesion.

Kanu was convicted on terrorism related charges alongside treasonable felony and for inviting violence on the polity which resulted in the deaths of thousands mostly of his own ethnic group.

Well, no one takes Dele as a serious being including even his obidient mob that he is desperately trying to curry their support.

Even Obi does not regard him.
Politics › Re: Nnamdi Kanu 110% Correct In Everything He Said About Nigeria -dele Farotimi by FSBoperator: 8:24am On Aug 22
Dele was Nnamdi Kanu right when he said the below :

"Niger Delta people are fools. All of SS belongs to us. We will deal with anyone who oppose us in reclaiming our land".

Don't cherry pick.

Also add this statement and several others he made
Crime › Re: Anambra Police Arrest 4 As Man Kills Friend With Thugs After Land Payment by FSBoperator: 7:38am On Aug 22
Anambra and murder .

Seemingly normal everyday people in that state are murderers .
Travel › Re: Construction On Section 3A Of The Lagos-calabar Coastal Highway In Akwa Ibom by FSBoperator: 11:04pm On Aug 21
Yampotatocarrot:
Has anyone passed the East-West road of recent?

Apart from the Julius Berger and the concrete section in the Ogun axis with the normal Ondo axis, the road is BADDDDDDDDDD...Na so so fall trailers just dey fall for road

I wonder how that major road was left to get to that point and Umahi is more concerned with this particular road...

Seems Delta state offended him specially, cos na their part of the road worse pass
No one is interested in your dead shit at home yeast.
Travel › Re: Construction On Section 3A Of The Lagos-calabar Coastal Highway In Akwa Ibom by FSBoperator: 8:39pm On Aug 21
obailala:
I didnt ask you to give me empty Nairaland texts. I asked for evidence that up to 10km has actually been built.
No one is interested in educating Giringorists like you who celebrate a fraud called Giringori .
Travel › Re: Construction On Section 3A Of The Lagos-calabar Coastal Highway In Akwa Ibom by FSBoperator: 8:38pm On Aug 21
24SEVEN:
Costal road without coast. You just dey write plenty grammar because you no fit defend simple question.
Nah still coastal state connecting coastal states.

Wetin concern hinterland dwelling Native like you ?
Foreign Affairs › Re: Turkey Takes Out Interpol Warrant On Netanuahuy by FSBoperator(op): 8:20pm On Aug 21
Elusive001:
You guys are inherently wicked. Na Turkey una wan setup now bah?

Na so una hail others and where are they now?

As una push hamas,Hezbollah, islamic jihad, houthis, iran, etc bah?
Turkey was the heart of the ottoman empire that subjugated Jew vermi.n under islamic rule for close to 1500ys.

They will reinforce the curse of Cain on those children of perdition.
Travel › Re: Construction On Section 3A Of The Lagos-calabar Coastal Highway In Akwa Ibom by FSBoperator: 8:17pm On Aug 21
24SEVEN:
Costal road without coast. You just dey write plenty grammar because you no fit defend simple question.
You dey see road which you said was a scam, you now dey ask for coast



Dem swear for Una?

All the states this project is passing through are coastal.

That's enough .

Now go and die.
Jokes Etc › Easiest Way To Get Automatic US Citizenship by FSBoperator(op): 6:26pm On Aug 21
If you are pregnant , go to the Straits of Hormuz when your time is near .

Charter an Iranian or Qatari fishing boat to take you to the open waters of the straits.

Give birth and your child automatically becomes a US citizen since Trump has declared the straits of Hormuz , US territory.
Foreign Affairs › Re: Trump Says He Will Trigger Nato's Article 5 Over Straits Of Hormuz by FSBoperator(op): 6:18pm On Aug 21
RealityKings1:
Everything you wrote exists just in print, there are no rules or laws in this world.
Ok.

So since there are no rules , how is he going to invoke same Article 5 on all NATO countries to come and defend his newly declared 51st state being the straits of hormuz?

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