₦airaland Forum

Honestey:
Everything I read here doesn't make mathematical sense. You can't tell me that now that I'm paying you more, I'm owing you more. Please those at NNPC should tell us if they need calculator because it sounds like they are still using fingers to calculate figures oo

It’s simple. Landing cost of imported petrol by NNPC doubled due to the naira rate.

nairalanda1:
It is a mistaken assumption that devaluing the haira has anything to do with subsidy. At best it would have made the cost of petrol go up to N1500 per liter or more.

But as you know, your beloved Tinubu essentially recommenced subsidy in October 2023, and thus, we lost even more money...alongside the money we lost from buhari under subsidy.

At the end, that 9trillion leaves a huge deficit in our budgeting, which has to be filled with loans.

I don't like GEJ, but looks like you guys goofed when your masters led out you people to disrupt subsidy removal in 2012, which would have been the last time we could have done this painlessly.

Karma is always a harsh mistriess.

You are funny. Even at 700 people were protesting recently that it should be brought down to 300 but here you are saying it should be 1500. Can you pay for it at 1500?

kingsways:
I believe it’s an impeachable offence to spend public funds without appropriation


I don't get how the government who said they removed subsidy and more than trippled fuel retail prices have ended up paying more subsidy than governments who actually did pay subsidy.

Naira devaluation.

That Edo queens midfielder with long hair at the middle, who’s she? A good playmaker.

Enugu Nigeria


https://www.youtube.com/watch?v=Ga0KKazQUhE?si=83tfLfpN-pqo8wSc

Jamestown123:
WTF!!! 22%? No wonder things are freaking expensive in Accra, I didn't even took notice of that. Omo I ran back to my naija base immediately oo.

22% for an African country is fvcking too much. Here in Nigeria it was only increased to 7.5% from 5% a few years ago.

Just30:
All the vocational schools are also universities.

If Ghanaians are paying 22% value added tax while people in the US are paying 6% and things, then this is the least of service the state should offer.

Wait, Ghanaians are paying 22% VAT?? Butanshai.

vaxx:
free fees for the 100 level students in Ghanaian universities.

That will make Ghana the only country with free tertiary education in the whole of subsharan Africa . If that policy comes to fruition.

Not a smart policy. They should rather give the tertiary students interest free loans like Tinubu just did and channel that effort on vocational schools instead.

adonainana:
To add a bit of economic context

Dollars rate to the naira in 1983 was 0.765 so a bag of beans being sold for 200 naira was exactly $261 dollars (200naira / 0.765) back in 1983.

Today bag of the same beans is 100,000 naira and the exchange rate is $1 - 1600 naira . Which works out as 100,000 naira divided by 1600 which is 62 dollars

In real economic terms, the hardship in 1983 was 5 times worse than the one we are experiencing now

According to the principal of the school letter a bag of beans sold for $261 dollars then. It sells for 62 dollars now

Also historically speaking just the way 1983- 1985 and life eventually got better after

This time too in 2024 shall pass.

No country can experience inflation forever

Have faith

Shalom

I think our best years ever prior to now (since 1960) in terms of all economic indices were in the Jonathan era. 2012 and 2013.

Slimvincent:
200 a bag of beans is good deal compared to the reality of today.

That’s not how money works. 200 in 1983 is the equivalent of around 150 thousand today.

Cindypresh:
Shatap

1983 hardship was caused by the same buhari you, Apc and tinupoo packaged for Nigeria in 2015 and voted him again in 2019.

People like mannabbqgrillz, seunmsg, omoawoke, freestuffng, Madridguy and host of other urchinnns defended for 8 wasted years

Buhari only took over around October 1983, so how did he cause the 1983 hardship?

This is what I’m talking about.

“As Minister of Sports, I will not tolerate this utter recklessness. It is highly inexcusable, and there will be thorough sanctions after investigations into where and from whom this gross negligence originated. All parties must take their duties very seriously. The current way of operating the Federal Ministry of Sports Development does not allow for incompetence at any level”.

Senator John Owan Enoh.

daveP:
provided the system continues to remain this way, any form of justice will be merely a scapegoat situation. Because another even more incompetent fellow will fill in that void and no one can predict the level of tyranny that will follow. Things as flimsy as ego comes between sport bosses and that's how career and sweat of athletes nosedive. In a sane sports system with accountability, such two bosses will never smell a sports administration job ever again, even in their state. If that happens, others will sit up. But where is the presence of fear and shame needed??

Presence of fear and shame from whom? There are people who are there already who should be responsible for check and balances and who should be feared, but are doing nothing. That’s what is refffered to by some here as the system. The bad system is simply people not doing their job.

daveP:
Someone named one Samuel Obiweku or so. That he's the one in charge of entries. 2nd omission is already sabotage.

He’s supposed to have resigned or be sacked. When quick decisions are taken and people are shown no mercy for mediocrity, the system gets better.

mostob:
Oshoala and Macleans dey bench, you dey bring in Ify. This is not a personal something or whatever.

1. Ify has not been in great form

2. She is slow whereas we need fast attackers

3. She is barely fit.

Even if he brought in Esther that would have been something.

elyte89:
Co asking …any good link

808fubo

Omo this one na just Barcelona vs Japan.

Tinneh:
When did echegini become a winger

She has played as a winger several times under coach Randy. I wish she played more from the middle.

naturalman:
Tinubu will show this man shege pro Max.......when Port Harcourt refinery starts working, the price of PMS will be made cheaper in order to frustrate dangote refinery

So you still believe this PH refinery working story we’ve been hearing for how many years now?

Obiano13:
Everything that was destroyed during those protests is not even 0.1 % of the money stolen from Nigeria every day. If you pushed the govt to cut corruption by even half you wouldn't imagine the kind of things that could be built with the saved money.

They could have gone to Abuja and left Lagos alone since the second lap of their protest was that the president must go. The president is not based in Lagos yet Lagos lost more from a protest insisting the president must go. Protest must be strategic even if disorganised.

If you burn your senate buildings and stuff like that, I have no problem with you but don’t destroy people’s businesses and public infrastructure.

Obiano13:
Something has to give. If one day you make an inch of progress by presenting peaceful petitions to Aso Rock I will pay you special homage. That cannot work in Africa. The politicians will be more than happy to have such protests every day and change nothing. The so-called leaders will be compromised by govt and paid to calm you down. You might as well be one of them from the way you go about things here. In Kenya we tried raising voices for two years protesting bad governance and budgeted corruption but a protest that took less than a month addressed all those concerns. The govt is now in the middle of painstakingly addressing the concerns that one month ago they would never even have imagined bothering. Ofcourse it’s not easy and they are trying every delay tactic and gimmicks but the prospect of being overwhelmed by nationwide protests is scaring them. You stick to that nonsense of talks with leaders who dont give one s.hit about you and see where it gets you.

Look man I get you but EndSars 2020 ended up destroying many facilities in Lagos and what is more painful is that even after the Government disbanded SARS, they decided to continue and said Buhari must go.

My biggest problem is that lots of BRT buses were burnt down. The most advanced DNA facility in West Africa at the time was burnt down and many other things in Lagos.

All of this happened because there were no leaders. When you move from End SARS (which was done before shit got worse) to Buhari must go all of a sudden ( which was going to be more difficult) you show that you are not organised with your demands.

samorobo:
Heck I just saw a clip now of them invading the house of senate, wow is it that serious.

This is the only problem I have with protests. They can easily get out of hand destroying even the little progress you have made.
In Nigeria for instance , I would prefer to see a protest in front of the senate and beside ASO Rock area in Abuja with leaders of the protests presenting their demands but not in Lagos.

mostob:
I didn't watch her much. That U20 final loss against Germany was my first time of watching Falcons.

Ah you miss. My first super falcons game ever was the olympics in 2004 where Nigeria beat Japan 1-0. Then we had both Mercy Akide, Perpetua Nkwocha, Stella Mbachu and Vera Okolo. Since then I’ve been glued.

Then we went on to beat Cameroon 5-0 in Afcon final in December that year to lift our 4th title and we did this without our best striker then Mercy Akide.

Nomerci:
Free for diesel powered but not petrol powered. FG can go to hell then

Diesel powered in order to reduce cost of truck transportation to reduce food costs eventually.

gerrardomendes:
Ok. I no trust this country. Very soon gas go come scarce,Price go rise, blames will be traded, promises will be made and the cycle of hardship will continue

One thing sure. We get gas pass oil and gas dey directly under our control unlike oil.

WizardOfNG:
The main problem of Nigeria is that very different people, likely to always fight and impede each other, have been forces to exist under "one Nigeria".

If regional governance arrives today, some regions of Nigeria will quickly go on to becomevwey successful mini-nations within a nation that can compare to the likes of Turkey in even 15 to 20 years time.

If Nigerians agitate for the right things, i.e regional autonomy for a nation where people are not united by homogeneity of ideas that influences societal existence, economic development and religious/ethnic/cultural tolerance, you will see the true talent and nation-building potentials of progressive Nigerians at work.

Regional Governance may be good for the South East, South West, and North West but do you know how diverse the other regions are?

MrEverest:
My brother, you’re quite ignorant for saying that. What else can he enjoy in Cotonou that he can’t enjoy in Aba?

Have you been to Aba yourself to enjoy the light?

huptin:
The major roads are very wide and clean with good drainage systems.

I just described cotonou o, not Canada!

Abuja has lots of that as well.

StivoH2022:
Same here, nowadays there's no reason to be proud of about how Kenya is moving...I didn't support Zakayo but chose to give him time hoping he might prove us wrong, but he has confirmed our fears, the future looks so gloomy.... 😔

But at least he has kept the exchange rate stable and controlled the inflation since February right?

This Zambian defence has too many weaknesses.

Obiano13:
Stop the bucket from leaking !

How?

Deltamani:
The USWNT fans already worrying over Banda😂😂😂

A game I will never miss though, I really want to see how Emma Hayes keep Banda at Bay, but again Kundananji is there to hurt you too…

Prisca, Mupopo and Racheal Nuchala too, these players are very fast and physical they’re built different with their higher testosterone level.

The US better not think of Banda and Kundananji alone.!

The Zambian defence is the problem.