₦airaland Forum

Wealthyonos:
I wish I could sneak into Afghan, steal one fine banny and bring her to Nigeria to marry. E for sweet

And you think say those women themselves no dey violent? Ogbeni no surprise say na dem go first break bottle or carry knife for fight oh!! Most of them are just being calm because the law is not on their side. Torture and inhumane treatment from their male counterparts has turned most of these women to beasts.

OredoPikin:
These guys and those supporting tinubu
No difference

It is very unfortunate.

OredoPikin:
0
U are still a child

I understand your not being able to comprehend my comment, after all English is not your first language. If we check well, you fit never pass 14.

zinowealth:
Una don start again. This govt can never get anything right

Ogbeni believe you me, in as much as this current subsidy structure on electricity exist, there can never be noticeable improvement in our power sector.

tuoyoojo:
How has your life improved with subsidy removal of fuel subsidy

This is a scam

They have increased the tariffs in electricity, how did that improve power

We kick against any subsidy removal

What exactly are we enjoying from the government

Subsidy removal on petrol was a total scam. Even at #1200+ per litre NNPC still spend trillions on petrol subsidy behind the scenes.
But we must face it, the current shambolic electricity subsidy structure is making Discos reap from where they did not sow at the detriment of their customers. They are saying the reason why our power generation and distribution is poor is because the government is forcing prices on them through subsidy. In as much as the current subsidy exists, our power sector won't improve anytime soon. Government should instead channel those subsidy funds into power generation, distribution, and metering let it be like a loan to Gencos and Discos.

WatchYourSix:
lol…. U pple dont even know ur right ..Subsidy is ur right… Its one of the ways the common wealth of a nation is distributed to reach everyone…. Without subsidy, benefits, or other forms of social welfare ur govt is heavily robbing the you

Yes subsidy is our right no doubt about that, but Discos are stealing that right with the current electricity subsidy structure. Customers are responsible for installation, and maintenance of electricity distribution items like poles, cables, and transformers still they won't see the light, but a a Disco somewhere is collecting fat checks as subsidy payments from Abuja, and still crying foul that government is forcing prices on them.

Yes it should be stopped, the current subsidy structure is making Discos very lazy and incompetent. Let's see how they will collect cost reflective tarriffs, without providing cost reflective services.

The only time wey glo browsing preek dey stand for my area na around 2AM - 7AM, anything before or after that na fast and pray browsing.

Very shameful, yet some will still cheer and hail him, some Nigerians mumu no be follow come so?

To be honest politically Ameachi is dead, though not in Rivers state as far as Wike us concerned, no thanks to Wike jaguda and agbero politics styles.

Can this be real? I pity the innocent and naive souls defending and fighting for these terrorists.

nairalanda1 folks like you who always blame others for their woes end up being liabilities to the society. If you have basic comprehension how can a business man who is unable to collect over 40% of his own revenue from his customers continue running such business if he is not stealing from his paying customers? You want cost reflective tariffs but can't even provide cost reflective service, is that not trying to reap from where you did not sow? The problem of Nigeria power is not debts, or non cost reflective tariffs, but rather inefficiency, incompetence, and corruption on the part of Discos. So far Discos have shown that even with a cost reflective tariffs, they still cannot provide electricity for their users.

If according to you, Discos don't have the money to provide cost reflective tariffs for customers who are already paying for it, why charge those customers in the first place? Given your logic a thief has the right to steal food because he doesn't have the needed money to buy food, the government couldn't provide job for him, or he is not being paid for his true worth.

I strongly suspect you googled what a certificate is, because you obviously don't know or own one, even if you own 1, I believe it will be that of you PRI 6 school leaving certificate. Go show our posts to your learned elder brother, if you have one, and if your issue is not hereditary, he will tell you how low you are on the common sense spectrum.

nairalanda1:
They cannot fix it because government is forcing them to charge below their costs..ie not letting them charge a cost reflective tarrif for most consumers.

See the above figure. Discos are able to raise less revenue than they need to pay the bills GENCOS send them, so at the end, there is going to be corruption, and issues with fixing power.

You do not have the same issues in african countries that charge cost reflective tarrifs.

(Good afternoon).

Did you even bother to read the post? You are always defending rubbish. A company that is not ready to collect its own money from his customers is not ready for business. As a distribution company you can't provide infrastructure, meters, or even collect your own money from your customers, but you want to receive fat checks from Abuja. See you shouting cost reflective tariffs any how, are those already paying cost reflective tariffs getting what they paid for? If the government forced prices on Discos why is same government paying Discos subsidy money? Stop defending the inefficient and incompetent Discos.

AMINDA:
Oga, Obi will get more votes in the Southsouth than he got in 2023. Sheriff is struggling to negotiate for himself. He can barely campaign for Tinubu in the state.

No be weytin I go want ogbeni, but the reality is, Sheriff, and Tinubu second term is a done deal. No need for plenty talk, but you can continue dreaming if you want.

Penguin2:
I won’t stop you from tickling yourself if it gives you pleasure.

But just to remind you that in 2023 we told you and your ilk that Peter Obi will win Delta and you swore that he won’t because Okowa was Atiku’s running mate. What later happened?

Like I said, continue to tickle yourself.

Like how you and your ilks told us Peter Obi will be Nigeria's president in 2023? Ogbeni wake up from your dream and face reality, day don break.

Noblechykk:
Best of luck with your delusion.

Una just wan chop Agege money throwaway, look at the mirror and u will see delusion first hand.

Energy security cost AKA behind door subsidy by Tinubu

2023: ₦4.844 trillion
2024: ₦7.131 trillion
2025: ₦8.672 trillion

Subsidy is gone my foot.

Ogbeni weytin happen to Adeleke is a goner?anyway self consoling is allowed, but always remember to safeguard your L

Former vice president for that matter oh!! Human wants will forever remain insatiable.

Noblechykk:
I guess you were drunk when you typed the first sentence.

I hope you collect your welfare package like PC, data, etc from Agege? Because since APC wey be incumbent and federal dey pay 30k, NDC an upcoming party, with a caricature candidate like Agege no go pay pass 10k oh!!, no say I no tell you oh!! 😆 😆 😆.

Penguin2:
It’s obvious that the governor is beginning to feel the heat ignited on his arse by the NDC as led by Omo-Agege.

NDC will win Delta governorship election in 2027.

Presidential election is a given.

Ogbeni let person hear word, Let's be realistic, Deltans no even know say 1 party name na NDC, Omo Agege self no go win him polling unit let alone his community. As for you Sheriff, we know of your salary no need announcing it, but why you come use ₦50M just to buy form, spent millions on campaign and lobbying? I no blame una, Na the i d i ots wey many pass the upright ones I blame.

Shame no dey catch you, Na Ur old age you want take be agbero, Davido go pay you pass the F9 governor if you fit get access to be him PA.

Mubiola360:
can you give the debt value in dollars instead of Naira or if you want to be sincere, calculate the current dollar debt value by the exchange rate in 2023.
$100 in 2023 was 40,000 naira while it is 134,700 naira now due to floating of the naira and not about borrowing.
We all know this but you just decided to play politics on gullible people

If you are not being gullible, you should have first asked yourself was the figures I gave borrowed or not?

Gboss247:
If you stop following politicians sit down to study monetary economics, you would known that the things you listed above are fuels for inflation.

After imposing all those painful measures on Nigerians, why did the public debt stock still rise from about ₦87tn when Tinubu came in to roughly ₦159tn by March 2026?

If these policies were necessary to put government finances on a sustainable path, then show us the fiscal results:
How much did revenue increase? How much did the deficit fall? How much did debt service pressure fall? What productive assets did the additional borrowing create?

Why did the government still spent over #20trillion on same subsidy that is gone?
You don't get to shout "inflation!" and make ₦70tn+ of additional debt disappear. 😂

Putinofrussia:
lol
The total money Jonathan paid on subsidy was just #1 trillion,our population was very much less than what we have today,
while he made #54 trillion in only oil and embezzled all the billions of dollars in ECA.They also looted the foreign reserve from $45 billion that Obasanjo left it down to $30 billion.
One of the most corrupt,wicked and clueless govts ever in the history of Nigeria.
The only achievement was we grew our gdp due to the sale of oil but when oil became just $78,Nigeria was totally down in 2014 and Jonathan was borrowing money to pay workers.They have eaten Nigeria to the bone marrow
They have embezzled all the billions of dollar without building any tangible infrastructure.They opened borders for cheap food so Nigerians can buy rice for #100 per bag while they went on their embezzlement spree and Nigeria went down and down.Nigeria had been depleted but #10 bag of rice is what gullible Nigerians know.
What grows a nation is "infrastructures".
Every other thing will follow.
Ask Dubai,South Africa,UK,USA etc.

Was this current government not voted in to change the status quo? Here are stats for your current government payment for a so called energy security cost AKA subsidy. Same subsidy they said was gone.
2023: ₦4.844 trillion
2024: ₦7.131 trillion
2025: about ₦8.672 trillion
2023 - 2025 combined: roughly ₦20.64 trillion for a non existent subsidy. Let's not talk about the billions budgeted for non existent agencies. Same current government spent $3B on non working refineries. As bad as they were, the past governments made more positive impacts on Nigerians than this current ebin pawa promax government.

Putinofrussia:
If previous govts have done the same massive construction to loot,Nigeria would have been very much developed and progressive.
It would have been cynosure of all eyes because infrastructure is what drives constant electricity,cheap food,robust transportation etc.

Previous governments paid subsidies, spent money in defending the naira, had very low VATs and customs duties, still borrowed less than a government that didn't pay subsidy nor spent a dime in defending naira, yet increased VATs, and duties, spent over ₦7T in a so called non existent subsidy AKA energy security cost, yet still borrowed more than those previous governments combined.

Tareq1105:
Whatever. If you look at our debt of #157t which is not up to $1t. Take 157/1346×100/1. Work it out and you'll agree with me.

And if you check very well and make research you will find out that we are using #67k to service debts out of every 100k we make as a country. Please can you answer this, even with all these debts why is the world still using USD as the world primary reserve currency?

Tareq1105:
Our total debt is like 0.005% of US debt.

And our revenue is like 0.00000000001% of US revenue.

HacheNoire:
Be patient with us. US spent $40 trillion to get there.

Let us get to $40 trillion too before you judge us.

US is already handling it by using just 18% of its revenue unlike the bambiala that uses over 67% of his revenue to service debts.