Ofunaofu: Where is the money saved from subsidy removal
Go and ask your STATE GOVERNOR.
Federal monthly allocation to the states has reached HISTORIC PROPORTIONS, which is why every state is a CONSTRUCTION SITE today.
ALL THE GOOD INFRASTRUCTURAL PROJECTS of Alex Otti, Peter Mba, Soludo etc that you people love to post from Abia, Enugu, Onitsha, Awka etc etc, where do you think the money is coming from?
Laird: I believe You are typing this on a black owned phone and using a black built internet
What a disgraceful comment that shows us how mentally colonised you Nigerian youths are.
You saw that video as a challenge to white supremacy which you uphold.
Hence the ''computer phone inventor'' question, to reassert white supremacy.
How disgraceful.
Only to be now shown in the 2nd video that blacks played a HUGE ROLE in building the modern digital tech you're enjoying, contrary to your assumptions that ''oyinbo'' did it all.
Who will cure you people from this tragic mentality?
That is the hidden agenda many of them will not admit.
They want Tinubu out, not because they have a superior reform plan, but because they want Nigeria dragged back to the old comfort zone: fuel subsidy scams, multiple exchange rates, rent-seeking, round-tripping and economic deception.
Tinubu’s reforms are painful, no doubt. But the alternative some people are quietly selling is worse: return to sharing cheap dollars and subsidised fuel for the connected few while the country bleeds.
Nigeria cannot reform by going backward.
Have you noticed that none of them has offered an alternative to Tinubu's reforms?
NONE!
Because they are too ashamed to say what they really want, ie return of the old system.
CharlesCNG: Why Outsiders Are Beginning To Understand Tinubu’s Reforms
Sometimes those outside Nigeria see the economic direction more clearly than those trapped in daily political anger.
The point is simple: Nigeria could no longer continue with fuel subsidy fraud, multiple exchange rates, weak revenues and fiscal indiscipline.
Tinubu chose the difficult road: subsidy removal, exchange-rate unification, tax reforms and tighter economic management.
The pain is real. Nobody should mock it. But reforms are not judged only by immediate discomfort; they are judged by whether they correct a broken foundation.
That is why the World Bank says Nigeria has made “notable progress” in stabilising the economy through fiscal, monetary and trade reforms, even while warning that living standards still need urgent improvement. Reuters also reports that Nigeria is projected to grow about 4.2% in 2026, with improved reserves, reduced fiscal deficit and stronger macro stability.
So when a Kenyan intellectual says his country needs Tinubu-style reforms, the message is clear: what some Nigerians call suffering, others recognise as structural correction.
Tinubu did not inherit comfort. He inherited distortion.
And reform is painful because decay was profitable.
They want to remove Tinubu from power so they can return to fuel subsidies and dual currency set up.
DomPerignon: In reacting to the news of the Prisoner swap deal entered by the Nigerian govt and Ethiopia that saw to over 130 Nigerian convicts in Ethiopian prisons repartraited back to Nigeria to complete their sentence back home in Nigeria , Giringori was quoted as saying :
"... many of the affected Nigerians were young people arrested while transiting through Addis Ababa’s Bole International Airport in search of better opportunities abroad".
This is how he was quoted in an address he made in the US before "Nigerians" in the diaspora, that Kanu's detention was wrong and that Kanu's only crime was insulting people via his Radio Biafra broadcasts.
You can see how Giringori likes to obfuscate facts .
With that his statement he not only lied about the real situation and reasons why we had 139 prisoners in Ethiopian prisons by claiming they were innocent when they have all been duly convicted by an Ethiopian court for drug trafficking offenses, but also said they were looking for greener opportunities outside of our shores, thereby codedly assigning the blame for their drug trafficking ambitions to the FG not providing jobs for them in Nigeria .
This is how he made a similar statement to prisoners at the Onitsha correctional centre during his 2023 Christmas visit to the facility in which he blamed the FG for their situation that if the country was ok they won't have been into crime that landed them in prison.
This man is not mentally ok nor does he have any sense of what it is to be law abiding.
ARE THEY POORER THAN PEOPLE IN SOMALIA, NIGER REPUBLIC, CHAD, BURKINA FASO, SIERRA LEONE, ETHIOPIA, MALI, DRC, ETC?
THESE ARE COUNTRIES ON FOOD AID!
HOW COME PEOPLE IN THOSE COUNTRIES DON'T BECOME INTERNATIONAL DRUG TRAFFICKERS, BUT IT IS THESE "POOR SUFFERING BROTHERS" OF OBI FROM MANSION-FILLED VILLAGES AND TOWNS WHO SOMEHOW HAVE "NO CHOICE" BUT TO SELL HEROIN AND COCAINE TO KIDS WORLDWIDE?
PETER OBI, YOU'RE A CRIMINAL, AND YOU WILL NEVER SMELL THAT PRESIDENCY.
Iseoluwani: and you are here still doing political science Education social studies education Yoruba Education Microbiology, Zoology, Botany, and Biochemistry.Humanities: Philosophy, History, Religious Studies, and Linguistics.General Social Sciences: Sociology and Public Administration.Theatre Arts, Library Science, and Physical Education.
DON'T BE IGNORANT AND THOUGHTLESS.
YOU DON'T ABANDON EVERYTHING YOU DO SIMPLY BECAUSE YOU LEARNT THAT CHINA DID A OR B.
YOU USE YOUR OWN BRAIN AND DECIDE WHAT YOUR SOCIETY NEEDS, REGARDLESS OF WHAT CHINA DOES.
THEY ARE NOT GOD, OKAY??
YOU ALREADY DISMISSED "HISTORY", AND "YORUBA EDUCATION".
HOW DO YOU KNOW CHINA CANCELLED ''CHINESE HISTORY AND EDUCATION"?
YOU CAN BET YOUR LAST NAIRA THEY KEPT THAT.
BECAUSE UNLIKE YOU, THEY UNDERSTAND THE VALUE OF THEIR HERITAGE.
Tell me why Nigerian universities and polytechnics are still running the below programs if not that they have swore to destroy Nigeria:
Marketing Mass Communication Public Administration Animal Husbandry Guidance and Counseling Sociology Bee Rearing Physical Education Literature etc etc
These courses are STILL offered TILL TOMORROW IN AMERICA AND EUROPE.
SO I GUESS THE LEADERS THERE HAVE ALSO "SWORN TO DESTROY EUROPE AND AMERICA".
nairalanda1: India and Pakistan have been disgraced as well.,...haha
First time I heard of solar inverter was a CNN report from around 2002 on India. Same story...heat drives up electricity demand, power cuts.
India's problem is the same as Nigeria...lack of cost reflective tarrifs. They even did what tinubu did re band A...got the commercial and industrial sector to pay higher for electricty...to suppsoedly subsidsie the agricultural, rural and poorer population. IT DID NOT WORK. Instead it is a financial drain on the commercial and indstrial sector, and the power sector still loses money.
That is why both Nigeria and India need to remove price controls on power. (It's working in Ghana).
Kemi is right. The problem with her comment is the assumption that being oil rich means you got plenty of money...people like NOI and the current Emir of Kano will tell you na lie. Saudi that everyone uses as an example is a oil rich country with massive wasteage of money and no industrial backup. So, if their oil finishes, problem dey. Nigeria does not have enough oil money
But Kemi is right. Nigeria runs a two tier tarrif system, with profits made from band A supposed to cover losses from band B to e. In reality, the losses from those other bands dwarf any profits from band A. That is why we do not have light. We have a power sector that for decades has been forced to run at a loss. That is the problematic government policy in both India and Nigeria.
I know you love tinubu, but tinubu is making a big mistake repeating what has been done for decades, keeping power tarrifs low to keep people happy. A leader is not supposed to keep people happy, a leader is supposed to take tough decisions that eventually would benefit all. And the price controls on power need to go.
Yeah you said UK took 50 trillion from us. Good, but if we got that money back, we have so many things to fix, and even if we fix power, cost reflective tarrifs got to be charged to keep the profits running when that money finishes.
South Korea got financial aid from its colonial master Japan in the 1960's...and they ran a capitalist economy so that they could keep making money when the Japanese money ran out...and also did not suddenly decide to subsidize everyhting.
This is what I'm saying.
INDIA HAS THE SAME ISSUE OF NOT WANTING TO PAY COST-REFLECTIVE TARRIFS due to the large numbers of people who can't afford to pay the bill.
THE INDIAN POLITICIANS REFUSE TO ALLOW IT FOR THE SAME REASON AS OUR OWN POLITICIANS.
IT'S POLITICAL SUICIDE for any ruling party.
No use calling all these small countries like Ghana with 20 million people whose govt can easily subsidise the liberalised costs, easing the burden on the masses.
But for 250 million strong Nigeria and 1 billion strong India, it's a massive financial commitment that would cost tens of billions of dollars per annum.
It's very easy when you are OUTSIDE GOVERNMENT, and it all seems so easy to fix.
But when you are IN, you realise it's a real battle to bring it all together.
Reference: Is the hard criticism of the lack of stable power and making it a centrepiece of national advocacy demonizing the country? I don't understand.
If it is a thing we cannot possibly do and is a thing we should come to expect cannot be changed then we should all agree to that and continue to wallow.
But I cannot see how this country can develop if it cannot tackle electricity. And by development I mean from the basics of being able to feed, cloth, treat school, protect ourselves.
There is no endeavour today that can be successfully undertaken sustainbly without electricity. Nigeria didn't invent that, the world did and if we cannot or will not quest for stable, affordable electricity, poverty will make this country untenable for everyone.
You can already see the signs, the collapsing security architecture in the face of escalating criminality, all fueled by desperate poverty.
THE MAIN REASON FOR LACK OF CONSTANT POWER IS THAT NIGERIA HAS 250 MILLION PEOPLE. MOST OF WHOM CAN'T AFFORD TO PAY FOR IT.
ELECTRICITY DOES NOT HAVE AFRICAN PRICE AND EUROPEAN PRICE.
WHAT EUROPEAN CITIZENS PAY FOR ELECTRICITY IS WHAT NIGERIANS WILL HAVE TO PAY TO HAVE CONSTANT ELECTRICITY, OR VERY CLOSE.
It's the same equipment they all use!
THE DISCOS CANNOT REINVEST IN POWER INFRASTRUCTURE IF THEY ARE NOT PAID BILLS IN WORLD MARKET RATES.
THE FG CANNOT ALLOW THEM TO CHARGE THOSE RATES AS IT IS TANTAMOUNT TO POLITICAL SUICIDE, PARTICULARLY AFTER THE FUEL SUBSIDY REMOVAL.
SO THE FG IS WAITING FOR THE EFFECTS OF THE SUBSDY REMOVAL TO WANE, AND FOR REFORMS TO LEAD TO MORE PROSPERITY BEFORE IMPOSING THAT NEW COST, IE LIBERALISING POWER CHARGES.
Reference: What are you talking about. Decent electricity which 70's, 80's or 90''s. The first generator I can remember in my household was bought sometime around '79 when we moved houses. Cannot remember anything before that.
But I clearly remember NEPA 'taking light' right in the middle of Nigeria's second game at the 1985 U16 World Cup game and I cried my eyes out because no one was around to put on the genset.
For years after that Saturday trips to NEPA and NITEL complaint offices was our steady diet especially during the rainy season.
So please just rule out 80's and 90's at the very least, it was the same heat and hell.
POWER CUTS ARE A DAILY OCCURRENCE IN INDIA AND PAKISTAN, AND A REGULAR TO DAILY OCCURRENCE IN VIRTUALLY ALL DEVELOPING COUNTRIES TODAY.
DEVELOPING COUNTRIES MAKE UP 80% OF THE WORLD'S COUNTRIES.
HOW COME NONE OF THESE COUNTRIES ARE DEMONISED BECAUSE OF POWER CUTS EXCEPT NIGERIA?
HOW COME FORMER UK PM RISHI SUNAK NEVER SAID "INDIA HAS NEVER HAD ELECTRICITY"?
Sheuns: I love this woman. Continue to call these leaders useless that they truly are and don’t have anything to do with them.
KEMI BADENOCH IS A BORN LIAR.
SHE SAID NIGERIA "HAS NEVER HAD ELECTRICITY".
TO THE AUDIENCE SHE WAS SPEAKING TO, THAT MEANS "ELECTRICITY DOESN'T EXIST IN NIGERIA".
NOT THAT WE EXPERIENCE POWER CUTS LIKE MAJORITY OF THE DEVELOPING WORLD WHO COMPRISE 80% OF THE WORLD.
NO. SHE DELIBERATELY LIED THAT NO ELECTRICITY AT ALL EXISTS IN NIGERIA.
SAME WAY SHE LIED THAT SHE TREKKED FOR MILES TO FETCH WATER.
SAME WAY SHE LIED THAT LIZARDS WERE COMING OUT OF HER TAPS IN HER PARENTS' VICTORIA ISLAND HOUSE, WHICH WAS, ACCORDING TO HER LYING LIPS, CONSTANTLY SURROUNDED AND THREATENED BY ARMED ROBBERS FIRING GUNS AT HER NEIGHBOURS' HOUSES.
Reference: Funny leadership. You promise to provide constant electricity. Dared the citizens to kick you out if you could not deliver. After elections your top priority is not electricity, but a trillion naira coastal road. Saying it will develop the country.
Ask me between electricity and a road bordering the Atlantic ocean, which will develop a nation of 200 million people....and we call that cerebral leadership.
You don't actually understand the power sector issue, do you? It has nothing to do with govt throwing more money at it.
Realguyman1: Those Americans are in other countries running big businesses and even controlling the indigenous people of those countries in their country. But most percent of Africans are migrating abroad to go nonsense jobs that they wouldn't dear do in their own country and the remaining percent either manage to get a good paying jobs, or they are at home looking for who to be feeding them, or they go into crime.
Saw one of the comment on the post that the unity of Africans is suppose to start from Nigeria because they claim to be giant of Africa and I just feel bad. Nigeria government since 1960(especially the ones from 1999 till date) have really done alot of damages to Nigeria, and the most painful part is that the current government of the day are even worse than the past ones. All the expectations from Nigeria in Africa when it was found has all gone down the drain
But there are over 3 million Indians in South Africa, which is 3 times more than all African migrants combined.
And 1 million Pakistanis.
Are all those Indians and Pakis "running big businesses", which seems to be your excuse for supporting the beating of Africans on South Africa's streets?
India and Pakistan are poorer than numerous African countries in the UN HDI and income per capita.
No one has told them to "go beck end fix your kaaantry".
Super Eagles legend “Jay-Jay” Okocha has been presented with a special retroactive “Superior Player of the Match” award for his display in Nigeria’s 3–2… pic.twitter.com/AmHhAK0TII
Luis Enrique should have been charged with assault for his angry kicking of Jay Jay in that game, after Jay Jay started dribbling them at will to entertain the crowd.
Jay Jay made Spain look like a bunch of amateurs that day.
KobolanderSegun: Better than nothing. Why are they not using Chad or Botswana ? The nations cup showed we are a very strong side. At least our boys are still playing international football.