₦airaland Forum

This type of news will be a common type going forward, those coys even try to be in operation up until now. The day Emilokan said petrol subsidy has being removed, for any fast thinking citizen supposed don know all this will happen and this type is just the beginning, more coys to join and more unemployment will follow. Crime is another think that will increase.

For a govt that removed subsidy and continue spending like say nothing happen to the economy. The shame is on the cizitens especially those ones that will praise govt, on hearing some stupid promises.

Anywhere in the world, people dont praise govt, they are not using their papa or mama money, they are using our collective resources and Tax generated from me and you and coys like this one.

If all these coys close and no enough corporate tax for govt, just know that the burden go still come ontop those managing with the little job they have.

It is those tiny brain people that will be jubilating on news like this. If not that the con3 is not a serious one, by now the refinery suppose to have start working. The govt. know that they dont benefit from the refinery so they prefer to sell crude oil out the con3 to collect forex. If u think they are thinking about your welfare abeg rethink.

The reason it will be very hard for Nigeria economy to improve is that the politicians are not spending their already fat salary on the things you as citizens spend your money to buy, like foods, petrol e.t.c. reason for all the terrible policies they make.

In many advance con3, the only benefit a president enjoy is not paying for house rent during his/her tenure. All other things they buy from their salary.

But here in Nigeria you see on budget money allocated for feeding in Aso rock and so on. And same goes down to governors, local government chairmen and others.

Imagine Tinubu pikin carry presidential flight go watch polo match. All this comes from citizens sweet paying tax.

E lo fakan bale, a ma gbe wale.

LikeAking:
Nigerians are only poor for mouth..

Na 50% audio..

Though you are right, being poor different from person to person. For some people as long as they have Android phone and internet to browse they are rich.

And for some people they look for all basic amenities of life, if one is missing they consider that they are poor.

So being poor differ from one person to another.

Blitzking:
If I was abroad the long game plan is to invest in nigeria...cos its easier to make money in nigeria than abroad. Many ppl don't realise it..just that nigeria doesn't support ppl just starting.

Don't ever make that mistake, better to invest little in Nigeria. But look for stable con3 to invest your money. Nigeria no dey reliable abeg.

Even under democracy, the govt. dey behave like miliary govt.

Despite the fact that the con3 has been bad since Obasanjo's term, we never have it this bad.

Though you see some yahoo boys buying building up and down, apart from them na politicians alone dey make good money for Nigeria.

If you are working for any multinational coys now, you go still dey struggle unlike b4.

Villa12:
Most average Nigerians cannot even afford to feed

It is getting close to that for me too, left to me I don't want to travel abroad. I like Nigeria die. The fear of not knowing what you will meet abroad self they worry me then.

But I don't have to think about my own alone. I can manage anyhow, but the children na the priority. I don't need to stay Nigeria till when my children school will start sending reminder upon reminder for school fees even though am not paying house rent oo. I still feel all that Emiofiole policies.

Cardoso too don start him own now. I just dey imagine if I still dey Nigeria how I go survive all this them policy. And u will think all their party member are enjoying not until last week one of them call me to come borrow him money. Shame even they him voice self. But I got to pity him tho.

I sold my house and everything to Japa and I am not regretting it. Thanks to my wife that have good foresight. I know how much I pay on school fees alone in Nigeria while here school is free for my kids, I only pay for food £12 per week.

While in Nigeria before the month end like this, I am already looking for who to borrow money from to fuel car to go to work.

Within 6 months I know how much I don safe here in the UK despite working part time oo because of the kids, If I wan build another house for Nigeria I can do it but I won't.

For you to know how terrible things are in Nigeria, if I tell my 5 years old daughter that we are going back to Nigeria. She will start begging me that daddy no oo am not going I like it here.

chinonfelix2:
44m on vegetables a mistake?
Abi the billions on perfume and wears a mistake?
Abi the 70m on portrait a mistake?..

And somebody somewhere is saying Nigeria is broke.

I keep on saying the only problem Nigeria have is that there is too much money in politics...

Cut off all these excess money and Nigeria will be better..

Imagine a country we borrow to share..

Most state and federal roads are nothing to write home about.. death trap self..

Jagaban sir you have won we know, pls the sharing of money is too much should looked into or stop already.. get to work sir..

Abi una don sell the country de share funds we de hear we no know

U still dey ask questions, finance minister talk say the con3 is bankrupt. When a company is bankrupt Wetin dey happen to it, it is either bought over or fold up.

E lo fokan bale, a ma gbe wale.

In a con3 where the govt. will spend 1% on the citizens but lavishly spend 99% on their own upkeeps and some slowpoke will keep praising them.

Govt. is never to be praised but criticized to do more and more. It is not their papa money they are using but your Tax and the con3 resources.

They will soon start to dey blame from the govt. of Shagari don to Buhari or that it is same all over the world.

Some of us that are old enough during Tinubu governor in Lagos know that he did nothing, na glory of those that succeed him he dey ride on.

Na so he go continue like Buhari too for another 3.5 years remaining make Una endure am.

In the 70's my dad travelled to the USA for a program, after that program he wanted to come back to Nigeria, the family he stayed with are begging him not to come back, but my dad did not listen.

Comparing the USA economy to Nigeria economy then na like same if not Nigeria even better. Because according to him with the little money he travelled with he was able to even feed the family for 4 weeks.

Coming down to the present, he regretted not staying back then. In this modern world, please don't rely on just one single citizen of one con3, if for nothing do it for your children.

I know many companies MDs that relocate abroad. Not for no simple reason but for so many reasons.

Bluntemperor:
The 1-$Dollar should dropped to N650 because those who are Speculative, especially the 'Big Men' in Nigeria are taking an undue advantages of a New Govt that is just settling down,not that these men have anything tangible to add to the Nigeria's fortune.
For instance - how many of them are into Productive Sector and if they are- they will be involved in Exports and Dollars repartration will be easy!
•Do you know a Stick of Agbado( Maize) is 1€(Euro) in France? Recently - a month ago and is Trending -you see a Nigerian frying Fresh Maize in the high browl -Paris!
•Can our big men be serious and Cultivate Large Farming to Employ thousands of Nigerian Workers,so that they can make cool money from abroad,instead of being speculative,as if they are playing a lottery?
•Also,govt should break the back of all those Mallams across our Major Streets and Cities- who are not Productive but are just speculators-and are the Footsoldiers of the o called Bigmen!

What a brilliant idea. But everything still boil down to govt policy. One thing is to grow the corn another is to be able to export it without issues waiting for you at the airport. When u have to settle every agancy there before your produce will be allow to fly.

Teenaira:
But government did not do anything to make Naira depreciate astronomically. It is all the handy work of speculators warehousing dollar. After all Nigeria has not embark on any major project requiring significant dollar injection in the last 3 months.

On the bolded. More reason to know that it's only the borrow borrow money that's just strength the naira. Once it is depleted, back to where we are before. No false hope here.

https://www.reuters.com/markets/currencies/nigerias-nnpc-secures-3-billion-loan-stabilize-fx-market-2023-08-16/

This is just the result of recent loan collected by this govt, it go soon clear and the north side continue. Govt did not do any meaningful thing at the moment to make naira strengthen in my own understanding ooo.

Govt never press our neck reach level wey it go pain us.

They are collecting SUV to cruise to their constituency, why will they be concerned about all the bad roads all over the country. As long as they are comfortable, to hell with common Nigerian's.

Them say few lot are the ones benefiting from the subsidy payment. I think by now my people suppose to know that the only thing they are benefitting from govt is subsidy, but No. They are still head strong that removing it is the best.

Subsidy removal just give govt more money to be sharing among themselves be wise my people. Dont let them fool you. Rich business men will always look for something to invest their capital and they must profit.

Petrol Subsidy removed , no problem. Petrol will soon come down. Bear with the govt. Nigeria refinery will soon start working. Dangote refinery will soon kick start. Then everything will be normal.

FX Subsidy removed, no problem. We no dey spend dollars in Nigeria.

Them removed 2 main factors that make the economy to still they run on one leg before them come in, now the economy is crippled.

And some people still think all is right. To get the Nigeria economy back to where it was in 2015 , it is going to take like 10 years if better policies are reintroduce not all this kind what the IMF and world Bank dish out.


A to ye won sha.

They always play the victims game, like when HAMAS killed people in Isreal they are shouting Allah up and down. When they started receiving both right and center now, they are calling on United Nation that Israel is committing war crime.

Small small they will reverse all the stupid policy from FX to paying back subsidy, but the price of commodities will never reverse back. Shame.

Make una dey endure, 8 years of Emilokan will soon complete.

Removal of the subsidy is not the best thing in my own view though, because it is only giving more money to the corrupt politicians to have more access to fund to thief .

But since it has been removed, it is better to let it be, let people suffer for 4 to 8 years and see if the removal will bring any meaningful development.

The removal to me is just an experiment if works then fine, but with all indices put forward in a country like Nigeria, I don't think it will work out.

In the UK, the PMS is selling at the moment for £1.59 which is even more expensive to what you pay in Nigeria.

But the transport system is working very well , those double deck bus can take only you from Iyana Ipaja to Oshodi because they run with time, that is their own subsidy.

But in Nigeria, you will see BRT waiting for passengers and still wan carry standing.

It go touch everybody. All of us go chop breakfast las las.

If former president Buhari self have chance to grant interview, he will say president Tinubu don spoil Nigeria patapata.

One of my friends that we are in the UK together now that support the removal of the subsidy self dey complain now after paying school fee for so many people. But me, I Kala like kilode, thank God most of my friends when I am still in Nigeria self support this subsidy removal, whenever them ask me for anything I will just tell them Jagaban don dey power now he is giving them renew hope make them get patience.

One of them even say no be something them go dey chop before jagaban go make the country better . I just laugh say this one still believe that this politicians are there for their interest. I hope it will not be too late for him before he looks for way to run comot for Nigeria, before government will start taking people applying for Visa to court again to come explain why they wan japa.

Subsidy removal open ways for politicians to have more money to share among themselves, I don't know how it is going to work out in a CORRUPTION dominated country like Nigeria.

Instead of trying everything to solve CORRUPTION, they just wanted to suffer the gullible citizen and some people still believe removing the subsidy is the solution to Nigeria problem.

I bet you that in the next 2 years when the subsidy removed money is not enough for them to share again. They will start coming with heavy taxes on citizen. Una go explain tire.

Government paying subsidy or not paying subsidy is not the problem of Nigeria. But CORRUPTION within the government itself and with the current Nigeria setting, the best thing na for government to pay subsidy so that the economy go get balance pending when checks are being put in place to check CORRUPTION. Una go explain tire.

CHFJPY

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One thing about living abroad is that as long as you are not lazy, you will be among the 3% success story you mentioned.

But if you are the lazy type you will not be able to cope.

Enough job is here in the U.K even those that are not seem to be kind of job that we want to do in our country because people will laugh you. But here you still make a meaningful living with such work.

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