₦airaland Forum

givedemwotowoto:
Some people will now use this as excuse of why Nigerians should pay higher price for Petrol because of the war in Iran.

An ignorant man is a finished man. “My people perish because of ignorance”.

Canada:
Half of Canada’s crude oil is exported abroad for refining. It is sold internationally at the prevailing market price, so they will buy the refined crude higher, so people paying higher at the pump is understandable.

Nigeria:
100% of Nigeria’s crude meant for local consumption can be refined within the country. Nigeria produces about 1.6 million barrels of crude daily. Out of that, Nigeria owns about 900,000 barrels which cost them little to nothing because it’s the oil companies who pay for crude extraction, and 40% of the oil is theirs as compensation which they can do with whatever they want.

Out of that 900,000 barrels belonging to Nigeria, Nigerians consume only about 300,000 barrels daily. This means Nigeria can sell 300,000 barrels of crude to them at the budget benchmark price of $50, while still selling the remaining 600,000+ barrels at the international market at the prevailing international price.

But because some Nigerians have chosen to not ask questions, just accept whatever they’re given, politicians will continue to play games with everyone.

Even the so-called opposition politicians come de vex me, because they have failed to utilize opportunities like this to call a press conference, explain this Math simply to Nigerians to show them how their government is ripping them off. They have failed to put this government on their toes.

You don sabi book for your eye be that oo. I SHM for the fund wasted on your education. Do you know thousands of barrels of crude oil Nigeria is using as upfront payment for settlement of debt? What of oil theft? What of salaries of NNPC workers? What of the percentage (30%) for running cost? Amist other deductibles.

iwaeda:
When you get to any filling station, present your APC card, tell them your case is different, they will sell at N40 per litre, it will favour you and family.

Mumu it's everywhere around the world because of the usa&isreal Vs Iran conflict. Europe sef dey feel the heat seriously. Bangladesh, the second home of your Agulu fraud - Peter Obi has closed all universities because of fuel shortage.

MrPresident1:
Petrol prices will rise in Nigeria and the people will groan more. Dangote will increase the price of petrol in tandem with 'international prices'

Every producer wants the prices of his products to go up along with increasing demand so he can make more profits. The Nigerian situation is the paradox, if oil prices increases in the international markets, our misery increases with it.

The only producer in the world who groans and whose life becomes more miserable when the demand and price of the thing he produces free of charge goes up.

Some of you don't have knowledge of what you do type. You just wake up and type what comes to your head.

Bendeco02:
See consolation talk

Mybe you thought you can be enermy of SE and still stay in SE as they do in your region.

Am from Anambra, @ least I have not seen or heard of herdsmen attack in the state killing people in any town.

You welcomed the rubbish in your land, so deal with it.

See this mumu. We're all here when y'all crying of bandit and unknown gunmen attacks. I don't know when kwara was added to South West.
The problems you're facing in southeast is like a mountain.

loveth360:
A suppose judge that supposed to judge what was brought before him, instead he added his own and started calling a freedom fighter an international terrorist.



Very horrible person that will suffer for it.

Mumu wey you be. If Kanu has k!lled any member of your family like those that suffered it, you dumb soul won't call him a freedom fight. Unless youth from the EAST.

Osiris12:
Yet still, some people are advocating for air strike in south east.

If not because of FG, do you know death toll in southeast will have passed the 1840 recorded? Not to even say say the incidents IS from your own children.

His reasons are justifiable. For policies to mature and to negate abandoned projects. But 16yrs is too much. I will suggest 7yrs. Renewable only by 2/3 of all state assemblies, the military, and selected civic society civic society groups

Ofunaofu:
Calling people ignorant doesn’t magically turn currency depreciation into economic genius.

Asking what justified N460 to a dollar, ignores a basic economic principle: exchange rates reflect relative stability, productivity, and confidence. A currency doesn’t need to be justified at a number, it stabilizes where policy credibility, reserves, and capital flows support it. What we had then was distortion and mismanagement, yes. But what we have now is shock therapy without shock absorbers.

Also, narrowing the gap between official and parallel rates is not the same thing as strengthening a currency. If both windows converge at a much weaker level, that’s not reform success, that’s devaluation harmonized. Convergence is structural; value is economic. They are not the same metric

The crude-for-naira swap Creative, yes. But it became necessary because FX liquidity was strained after the currency float. Fixing pressure created by policy isn’t the same as avoiding the pressure in the first place.

And finally this isn’t about personalities. It’s about outcomes, high inflation rate, high food prices, Purchasing power crushed ,SMEs struggling with input costs, Savings eroded etc

If according to you, that’s ignorance, then maybe the real issue isn’t laziness, it’s accountability

Economic debate shouldn’t be emotional. It should be evidence-based and you don’t strengthen an argument by calling people names.

Your response further justified the names I called you. Go and learn.

Ofunaofu:
Tony Elumelu is not being objective, he’s being political. Trying to be in the good books of Mr President

A banker of his stature knows better. Liquidity is not value. Availability is not strength. You don’t clap because dollars can now be found at N1,400 after policies helped drag the naira from N460. That’s not progress, that’s currency collapse dressed up as reform.

The naira recorded one of the fastest currency collapses in the world under Tinubu.

Infact, the naira achieved something remarkable, a record-breaking collapse.

Celebrating dollar supply after a over 200 percent currency destruction is economic gaslighting. It’s like setting a house on fire and then demanding applause for reducing the smoke.

And let’s be honest with ourselves; the biggest relief on FX demand from fuel imports came from Dangote Refinery, a private investment, not from government brilliance. Attempting to frame that as policy success is convenient amnesia.

Scarcity may have eased, but the damage is real. The purchasing power wiped out, the businesses crushed, the savings eroded, those don’t disappear because a banker chooses to praise power.

That’s not economic analysis.

You sound so smart but you're ignorant in actual sense. Some of you'll come up here blasting, but you're so empty. What economic activities was Nigeria in back then that justified dollar at #460? Or while is official and black market rate so wide?
Talking about dangote refinery, was the Government not instrumental in it's success? Do NNPC not have a stake as a shareholder? Do you listen to what Bayo ojulari(NNPC CEO) said about Dangote refinery?
The crude oil swap with Dangote in Naira, isn't that a brilliance from the government?

It's a shame on some of you, that you make every attempt to be myopic and blindfolded, even when you have an option to clear view. Nigerian youths are so ignorant about policies and governance. Some of you are just damn LAZY.

Uchesis:
When i was in school 2008, fees was so cheap no need for loan. Imagine N9,800 school fees for a whole session


Tinubu messed up the country now he is giving us loans

We're in 2026 but see you talking about 2008. What was the quality of education back then? With Technology advancement, and its accompanied innovations brought to education, you still want to access it at #9800? Do you know how much it cost an American citizen to complete university education? - many of them incurre thousands of loan to do that,despite Tax being paid.
You as a person will have lied at home collect 4times that amount and spend it on frivolities.
Since you've graduated and started working, how much have you given back to your alma mater as support? Or are you still struggling?
The mentality of some of you is a contributory factor to the setback of Nigeria. You want Nigeria to turn Newyork, but won't want to be a positive contributory factor to it, always blame game.
Since it appears you're myopic and uninformed. PBAT has given out hundreds of billion to federal University and another for university research.
Early this year, university lecturer received pay rise by 40%, increase in allowance, and monthly top-up for professors.
Don't be a serial complainer, find sometime positive as a kind gesture to do to the society. Your Obi won't be able to knot PBAT in reasoning and achievement in governance.

You people will get what you want. Prison get space well. The senators under your party has addressed this issue. But if you still want to proof rubbish put body.

Cj4charles:
is there a government that did not build road there? Answer this question.. Even ordinary states government have different roads they built while in power, so stop all this hype like it’s a new or never seen project

How many federal government road did Jonathan administration REPAIRED? BUILT AND COMPLETED?

Very backward set of people. Na this backwardness brain una want take rule Nigeria? Ancient and stone age people.

Obi wey den go disgrace from ADC just like in PDP where he lost in the primaries. Na no name party he'll settle for last last.

Other markets have comply. It's only some traders at the main market dey fumble. Let them sit-at-home for one week, and not learn lesson. They'll go another one year. If you want to be m@d, no try am for my government. After God, na government.

Afrobasic:
Peter Obi is a good man. A TRUE man of the people.

The drug baron in Aso Villa/France only sympathizes with celebrities.

You're as stup!d as your attention seeker ipob financier Peter Obi. How many Anambra people did he rescue when flooding almost wipeout the whole of Anambra under his watch? Someone that use unpalatable situation to score cheap political scores? Is that one a good man? A desperate man will always use every means possible to make himself relevant, even if it is painful moment that should be kept private. What a dishonourable man Obi is. He doesn't even think before acting this out? What a shame.

Obi is the most useless political leader in Nigeria history. Always talking like a lunatic. Attention seeker! How wre you able to put a stop to the flooding that ravaged Anambra under your watch? Why can't you rescue all those that were k!lled in the flooding? Or is there no emergency service provided by you.

bjcole:
Who is telling the truth in Nigeria? is your politicians that change results of elections overnights and report technical glitch.
Most of us are forgetting that we are in a third world country..We sudden develop love for the nation because a so called Yoruba man with baggages of atrocity is in power..
You better don't deceive yourself, we still have a longer way to go as a nation

The fraudulent one you're calling messiah has gone to pitch his tend with those he referred to as 'structure of criminality ' is that no shameful? And out of desperation?
Person wey get decomposed bodies in his cupboard

bjcole:
If you can buy then, why not go to fouani office or registered LG Centers, when you see the price, you go know how far. You think Nigeria is US or UK where Citizens are protected financially.

Some people don't know their offices. I have been this line of business. Because they don't go to their office doesn't mean you should sell fake and call it a branded product. Tell the truth to your buyer. Don't look for every means possible to force money out of their pocket, even to the extent of giving them fake. It's called Greed! No be only una need money or wanted to be rich

bjcole:
can u buy original LG products. I bought ordinary microwave oven for #234,000. You think it's a joke. How many salary earners can afford it. Even the fairly used you buy, most of the times, they crest LG and Hisense on them, so as to sell them.
Nigeria is a third world country, so we have to deal with it. It must start from the Top When the head is straight, the body would align.

Look at them. Dubious set of people. So if you can afford it, why do you think others can afford it. People you think can't buy something, end up buying it. I'm into business and I can attest to this. Some people will come to your place to buy, the way they'll be pricing, you'll think they don't have something to buy, but when they're sure it's quality, even if their money is not complete, they'll plead with you to comeback in few hours or next day to buy. Some can even buy something higher in price if than what they intended, if they see more value.

Britishcoins:
To know original TV is very simple, firstly check the back of the TV, the place they normally write the size, you will see the LG logo, Secondly press the menu, you will see LG office in some smart TV...
Even the original ones do get issue, and original LG is not price friendly.... and many Nigerians cannot even afford it.
I bought my 65" original one abt 450k 3 years ago... now it is close to 600k

All these saying that can Nigerians buy original Products? Is all dubious ways to defraud people of their hard-earned money. If they can't buy new and original one, let them buy second hand. It's preferable to tell the truth in business than trying to exploit people for your own personal gain. God is against it

jmoore:
Reno Omokri is lying machine for Tinubu

Reno Omokri challenged anyone to debunk his statement that poverty level doubled in Anambra during Peter Obi's tenure as Governor of Anambra state. He offered a prize of Naira equivalent of 10,000 dollars.

A twitter user has debunked the claim by Reno Omokri and Reno has not responded since 2024.

Now notice how Reno Omokri didn't mention poverty level doubled this time around. He is now saying it was a 29.7% increase.

Please how is 53.7%- 41.4 %= 29.7%?

Reno Omokri can't even do simple maths.



Tinubu was governor from 1999-2007.
From the NBS report of 2003-04 when Tinubu was still governor, poverty rate in Lagos was 69.4%.

Tinubu gave Lagos a poverty rate of 69.4%. No wonder he's replicating same on national level

Na you be olodo. You don't know how calculation works in percentage. In percentage, you don't just do normal addition and subtraction only.
Therefore;
53.7 - 41.4/41.4 × 100/1 I.e; 12.3/41.4 × 100/1 =29.7%

School no be scam. Say no to mkpuru miri

vanbonattel:
Go and do your NYSC madam.

She clarified the issue surrounding NYSC. Watch the full interview if you're not just being mischievous

b0rn2fuck:
Wetin concerns me with tax ID, the last time I sold my shares, they collect tax ,if I fixed money, they will remove tax, even locked fund are being taxed,even the cloths and foods we eat are being tax before consumption, it shall never be well with this government ok.. every individual already paying tax from consumption unknowingly...value added tax ..that's not enough, they still want to suffocate us

Everyone that invested money are always being taxed, shop owner pays levies..even if you buy anything, you get tax even indirectly and you cannot be rich without investing so you get tax on every interest,even the poor are tax already but indirectly

If you like no pay. Hand go reach your money by force.

Cajal:
If he likes let him step up
Obi should forget South West, core north and south South

He won along the Christian bet in Nigeria
But this time around he don cast

That's what I told some people. The OBIFOOLS are still riding on the wave of 2023, not knowing that time has passed, and people has seen the reality. E go shock them. The northern Christians that voted for him last time , has almost 70% percent of them behind Tinubu now, and with the recent solidarity with them via the fight against bandits and terrorists, Tinubu already won their heart. Northern Muslim vote will be split, and the reason is because of Atiku.

SlavaUkraini:
Then I sadly announce that....

it is Game Over... Jagaban till 2031

Dey whine yourself. Congratulations to BAT already. Mark this! The North wouldn't want to gamble with Peter Obi beyond 2031. They'll rather wait till 2031 for their turn than to put their chances on the line beyond 2031 with Obi. It will only take few campaigns, meetings with some personalities in the North, and BAT already secured the north. Obi has said damning things about the north that during campaign season, he'll sweat really hard to watch himself clean