₦airaland Forum

garykoeman:
So Atiku is this corrupt.

I pity Nigerians hailing the introduction of subsidy and backing of the naira.

After 2yrs una go see leaves for ground and call it money.

Atiku is 80yrs old,and with nothing to lose.

nairalanda1:
One of the most irritating things on this site are the people that defend subsidy retention. It's like they have forgotten how messed up the last 4-5 decades were for our domestic refining.

It's like people do not understand how a subsidy works. Because of the volaitilty of the oil market it means that prices would always vary from time to time, usually on the upward trend, and the fact that all the oil rigs and refineries are built abroad, and assembled here in nigeria or transported to nigeria to be assembled on site...makes the process of refining fuel expensive.

So, with that in mind, refining fuel is going to be expensive, meaning that at the end, when government has budgeted a sum for subsidy, it would have to add more money for the subsidy by borrowing. Inevitably, the borrowing is not going to be enough, so the government has to choose between refinery upkeep and subsidised fuel, and usually it is the latter. That is the story of how we lost four refineries. And why corruption is a big issue.

But telling people this on this site means that you are a tinubu supporter, and hate the masses.

I mean, something that is simple economic sense, means you support tinubu. Make it make sense. So, in 2012, I was a gej supporter when I supported subsidy removal? I mean, you can support neither gej or tinubu, and i do not support either of them or even atiku self, I am backing obi because he at least talks about reinvesting subsidy savings in needy people, not brining it back.

The even more ignorant ones would shout subsidy is done in other countries...and when you tell them that those countries pay massive tax and are running diversifed economies to fund the subsidy, dem go shout 'we are poor'...

Honestly, on this site, people, even those who should know better, revel in their ignornance, or are far more interested in pushing their candidate, rather than discussing and accepting sane economics. And yes, most people are suffering...I am even suffering under this economy, but I am not going to support something, even if it is my own candidate, even if na may person that says subsidy should come back...that would put debt burden on us, destroy our productive capacity, and render millions jobless because we must have cheap fuel, and worsen my suffering to the point that I would be saying tinubu time was good time..bleargh.


Like see this SDP candidate? Fuel at N200 is going to cost our budget N54 trillion naira. Our budget this year is 68 trillion naira. Where the eff is he going to get the money? Is he going to borrow?
The same corruption wont allow the dividends of removing subsidy get to the masses

nairalanda1:
Better to paint your car the same color you met it. That's what I have always done for cars i have owned. No time for wahala

ARISHEM:
I don't pray for that kind of wife. And I don't wish that kind of husband and wife to anyone. Someone who feels it's not bad to be having sex with someone he or she did not plan to marry. And when he or she sees someone that they love to get married to, they now go to their ex and exes to let them ravish her bodies for the last time.

nairalanda1:
Developed countries also pay very heavy taxes for the pleasure of those subsidies, which go to the poorest of the poor. Even when everyone is benefitting, like free education, the tax eats half the income. As bad as Nigeria is, no government has levied a tax that takes half one's salary or income

Even things like railways that are subsidised, the system is in debt, leading to a disucssion as to how long it can continue (Germany has this problem, UK removed railway subsdies in the 1990's..as a result a train journey in the UK is expensive).

Finally subsides given to industires and businesses are production subsides, not consumption subsides, which is what our fuel subsidy was an example of. (Another example of a consumption subsidy is the SNAP programme,in the USA, which is given to very poor people only..for food and other things).

chudez0147:
Good morning everyone, I trust you’all are keeping well.

I feel something under my foot each time am walking on a hard surface , especially when am walking barefoot 🦶.

It feels like a hard skin. Sometimes I have to use razor blade to scrape out some of the skin.

Please does anyone know what may be the cause ? Thank you🙏

2special:
Either in a Legit or crook way, Tinubu is winning the Election... That's just the truth, We should be talking about 2031, it's only God that can stop Tinubu from winning next year election.

dollyjoy:
So he should leave his legally married wife in Nigeria and travel alone?
You must really have a miserable life to be praying for a stranger’s marriage to fail just so you can say, ‘I told you so.’ That’s a sad way to live

Tickles001:
Take this from me. Travel alone first and allow your wife and kids remain in Nigeria. You can bring her over after seven years or so, or if possible encourage her to stay back in Nigeria while you visit.

Nackzy:
There's no one that's been to UK that i that's not doing well

Teelabo:
Him coffee will be longer than usual. Rip to the departed

guobe:
I feel the amount should be for the Northern part of Nigeria because Buhari regime wasn't that good either.

nothingspoil70:
You can not compare the security situation in Ghana with that of Nigeria. The Nigerian leader just like his American counterpart needs more protection than that of Ghana

coolcharm:
The five times is estimated o. The actual number will definitely be more than that

Misterone:
Stupid poll! Obi should end hardship how? How is he going to do it? Explain to us! You guys think we've forgotten that he was once a governor and he did nothing in Anambra state. Rubbish.

mrvitalis:
And you are making it public ?
Una see why this government no sabi anything

Cyberterror:
Insecurity in Nigeria is a hydraheaded monster. Even Presidents Obasanjo and Buhari couldn't fix it with all their military experiences. That's why President Bola Ahmed Tinubu is bringing a game changer called state police, something his predecessors were shy to do.