Fastt:


Soon on binance. That token life span don over. Used to be a "high quality token".

Pandew:
Good Morning guys..

Pls I seriously need your help all..

I want to be connected with Rice processing companies located in Kano State and others as I can supply locally cultivated unprocessed Rice grain at a reasonable price.

Abeg make una help as job no wan come make I try business..

BlueRayDick:


The circumstances are different .

Wike did not deal with a strong politician who has cult following like Ganduje had to deal with the red cap fraud na.

If Ganduje try half of the nonsense Wike did in Rivers , the whole of northern Nigeria will burn. The governorship tribunal case lasan, we all saw how the whole state was tense before Supreme Court’s final judgement

Throwback:
It cannot be escaped.

Protest or no protest, government must always raise funds to run the country.

I will only advise every government to focus on more taxing for the fat cats who cannot even stage a protest in the midst of the luxury they already enjoy. But not too much taxation that prevents their creation of jobs for the ever angry mob.

To run campaign as a populist supported by the youth, is not the same reality with taking hard decisions as a leader for the greater good.

celestial1:
240k

adanny01:


Do you know exactly how much they earn from crude? Do you know exactly how much subsidy they pay? Why is it how much they borrow that they want to tell us? It doesn't add up.

I don't believe they borrow to pay subsidy. [b]There is no way the entire money they earn from crude sales will be less than the what they spend on petrol. [/b]Who pays the subsidy, it is NNPC. It's not CBN or ministry of finance. They pay it even before remitting to CBN. Is the NNPC borrowing money? No.

So what's happening, subsidy is not their priority because of the huge bill. To convince you they tell you we borrow to pay it. They can't tell you they borrow to buy or maintain their private jets or estacodes. To do away with someone or something, just paint it black. They are not borrowing, period.

Take this anywhere, petrol and other refined petroleum produce is the biggest and most expensive things that consumes our FX. The fact that every commodity and service in this country depends on it should tell you what it can do do the economy. You use petroleum products to process the wheat.


The only blame I have for political leaders is the lack of political will. Otherwise, the blame is actually on all of us individually. All those in NNPC, are they not Nigerians. The importers, are they not Nigerians. The corruption is in every office in this country.

If the president makes a scapegoat of one or two people. People will think twice.

adanny01:


Yes dey do make a stable economy. Is it a coincidence that immediately fuel subsidy was removed, astronomical high inflation set in without control that has almost doubled in a year. Immediately after removal of subsidy, the black market FX put too much pressure on the Naira that the fixed rate (subsidy rate) couldn't be maintained so they had to remove that one too.

It's a ripple effect. I am sure you don't see the link between petrol and the economy. What is economy? Simply, the careful management of resources. The key word is resources. The biggest waste of our resources (dollars) is the importation of refined petroleum. What is subsidy? Simply, money by state or govt to keep commodities and service low. See the link by Google: In economic theory, subsidies can be used to offset market failures and externalities to achieve greater economic efficiency.

What has Tinubu done, he removed the very things that maintained the economy and left the market failures to continue wrecking havoc.

It's simple, how do we get petrol in Nigeria? With dollars. How do we earn dollars? Majorly from crude. Who is incharge of the up, mid and downstream, just one company called NNPC. It is fair to say what ever happens at NNPC, our economy depends on it. There are 3 major things at NNPC, crude, dollars and import of refined crude. All these are done in dollars without accountability. The bulk of the corruption is in NNPC crude deals and the import deals. The import deals consumes our dollar revenue. Only the balance gets to CBN and this is always little.

Imagine if you give a fraudulent car driver your car to use for commercial transport and remit pure profit. 95% of drivers in Nigeria will ruin your car in less than a year and you will still not recoup the investment. Fake repair bills, reckless driving etc. That is what NNPC is doing. Subsidy is not the problem, NNPC is the whole problem. See the problem; we sell crude and earn dollars, we send importers to go and buy refined oils, they go to CBN and get dollars at subsidized rate, they supply and NNPC pays them subsidy from the crude sales, before NNPC remits the rest to CBN. These importers earn double subsidy.

From the 3 major things NNPC is responsible, remove one and see how government revenue will increase. That thing is import of petrol, diesel etc. by producing locally. Both subsidy from CBN and NNPC are earn by the same people. Eliminate the corruption and everything about supply of petroleum products ends there. What remains is just earning dollars and it goes straight to CBN.

I ask again, the same NNPC that made sure not one of our refineries is service is the same NNPC blocking Dangote refinery from work. They want him to buy crude far from Nigeria at international rates so that when his products hit the market, it will be more expensive such that it will not be sustainable while they deceive us that it's cheaper to import.

Instead of subsidy, produce it. We have everything.

adanny01:


The duo of Subsidy and fixed Forex was what kept our economy stable.

I still insist, these 2 were not the problem. If we make more money, than these 2 take, we will still be growing.

The rogue elephant had been the responsibility of government to deal with. What did they do, government just transferred the burden of corruption from is accounts in CBN to the accts of all Nigerians. Do you understand?

We need petrol, it's either government pay part we pay part or we pay all. Govt chose we pay all. How does it affect the corruption. As long as the money is paid, corruption continues.

What he ought to have done is to remove subsidy when dollar is not involved. When is that, when we extract our oil, refine it and make available at pumps, all locally. That was the way and it's still the only way.

Why do you think they don't want Dangote refinery to work. They want to continue to deal petrol in dollars. In dollars means that what we earn should be spent on petrol.

As long as we pay dollar for diesel, petrol, gas, fertilizer, lubricants and all other petroleum products there will be no positive effect of any economic policy.

Subsidy should have ended naturally with local production.

The entire money Tinubu thinks he saved is wasted through inflation. He has to pay more salaries now, all contracts have gone up. It's the same saying, "penny-wise pound foolish".

adanny01:


Not true talk. Before the removal of subsidy, I have said it every chance I had that subsidy is not a bad thing, the problem with subsidy is the process and how NNPC has corrupted it. By removing the subsidy, govt accumulates more money thinking it will be a good thing, no, the corrupted NNPC transferred their greed through petroleum resources to Nigerians. This made inflation rise and at the end of the day, Naira fell.

In summary, Tinubu thinks he saved N9trillion, what's the value of N9trillion compared to what it was 2 yrs ago. Naira has lost 70% of its value under Tinubu. His 9trillion is actually same with 2.7trillion 2 yrs ago.

It's either the economist working with him are not qualified or they all have an ulterior motive to sell this country.

Inflation is still in the hands of NNPC, he can tackle them and real progress can begin or corrupt them more and we will never get out of it. The height of Inflation is a reflection of the amount of money earned by nigeria legitimately but stolen and illegitimately taken out of Nigeria. Look at it this way, the inflation resembles a country that has stopped earning. The burden is poverty on citizens.

izzou:


As at the time Dangote bought it, can you pay 850k for a plot, inside the bush?

Na now the place get value. Who was going to buy 1 acre in Lakowe 10 years ago?

It was a good deal, but it wasn't awoof as prosper is painting it.

USAfall2024:


$100m divided by 2635 hectare = $37,950 per hectare or roughly around $3,415 per plot (100FT by 100FT). At the time of the deal (should be later than 2014/15 and a black market exchange rate of $1=250?), that equates around #850K per plot (100FT by 100FT standard plot o). Lagos State Government definitely gave Dangote a good deal for the land because they know the value the refinery will provide for the state in the long run if not, the value of that land is easily 5-10X higher than what Dangote paid.

Ojuntana:

How is it a big one? Kindly explain. The LGAs will suddenly start doing great and mighty deeds abi? No looting, structure or godtaherism just pure and unadulterated service to the people abi?

OBTOREPA:
The tomatoes is like 40k here in PH

Holyfic:
Righteousness nor go see this talk about o...Dumb fowl

Fastt:
If you are afraid of opening your app, that's when you should be buying. If you are constantly refreshing your app, and seeing your profits jumping, that's when you should be taking profit. This is a psychological game. That's why e better to know your sh1tcoin well to see if you gonna stay with it during the downturn seasons. I no dey buy coin wey I no fit double down, I no dey buy when every one here dey jolly. It's the game, not everyone will make money. Sadly,This is a wild life here. Kill or to be killed. Luckily we can come back to life after being killed. How do you protect yourself in your next life?

iLegendd:
In summary, all the Northerners that come to the South for red oil, crude oil business, buying of inexpensive shoes, etc. should stop?

I support your idea of everyone growing their food and yes, everyone does. The reason the South goes to the North for extra food is not because they don't have, but they have too many eateries, hotels, businesses, events that lots of food is involved, etc. way MORE than the North.

Even without the South, the North will not lack fuel. There will always be a way. Also, even without the North, the South will not lack food, there will always be a way. In fact, that is what we want so that every region can be more independent and creative. Think about it.

elrufiason:

Dear amiableMosquito your comment is laced with wisdom, but did you ever stop to consider that their allocation is bigger that 5, 6, 7 to 10 states combined.
I fact why does custom has a much higher allocation than the police and army?

shrek4:
Still available

Mohisah:
Revenue generating agencies?

Mohisah:
Believe what Zaramite said to be true.
But, u believe in increase of salary if any CEO tender such request?

ZARAMITE:

He has already reduced it.

Weirdoo:


Available