Kushites's Posts
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makemoneywbsite:Look at this CROOK. The link you posted did not say he's borrowing the money to pay subsidy!!! ''The president said the projects in the borrowing plan cut across all sectors with “specific emphasis on infrastructure, agriculture, health, education, water supply, growth, security and employment generation, as well as financial management reforms, among others”. “Following the removal of the fuel subsidy and its attendant impact on our economy, the African Development Bank (AfDB) and the World Bank Group (WBG) have indicated interest in assisting the country to mitigate the impact with the sum of USD billion and USD 1.5 billion, respectively, in addition to the FEC approved 2022-2024 external abridged borrowing (rolling) plan,” the letter reads.'' https://www.thecable.ng/tinubu-asks-nassembly-to-approve-8-6bn-e100m-in-fgs-borrowing-plan JIBITI MAN! ![]() |
makemoneywbsite:Undue emotionalism and rhetoric here... Is what this government making sense to you who believe the nonsense subsidy removal they claim? What happens when every borrower becomes aware of the policy inconsistency and that this is a country that could default on its laon due to inability to articulate simple issues such that ensure that books are balanced? What happens when no one is willing to lend this government more money since it's neither defending the naira or effectively defending the masses?I really don't see what this has to do with us borrowing 15 BILLION DOLLARS for subsidies. If you have evidence the Tinubu govt has borrowed such amount, or even close to it, to pay subsidies, show us. |
^^How does borrowing extra 15 billion dollars a year solve looting if you care about looting? If you want to end looting, find a way to end it that doesn't impoverish your grandkids. Or maybe you only think of your own belly like those politicians you condemn? Come to think of it, if any of you noisemakers got a political appointment today, say Oil minister, I mean, you would turn STINKING RICH overnight. You'll ''graduate'' from NAIRALAND and start to roll with top dogs. Corrupt idiots forming saint. JUST GTFOH! |
makemoneywbsite:If we restart fuel subsidies, we will have to borrow 15 BILLION DOLLARS to pay for it. Last year we borrowed 11 BILLION DOLLARS to pay for subsidies. The year before that we borrowed 10 BILLION DOLLARS. By demanding subsidies, you are basically telling your kids and grandkids to take the can for your IDIOCIES in this generation. After all these billions of dollars have to be paid back. |
LoveLeadsLand:But Obi promised to remove subsidy ''from Day 1''. So we would be in the EXACT SAME SITUATION TODAY if he were president. SO SHUT UP. |
garriAndsugar:Obi did not give any “process” for ending subsidies. He was attacking subsidies even more than Tinubu. He said it was a scam, racket, organised corruption, etc etc, and that he would get rid of it ON DAY ONE. No “process”. Just straight up removal. If you want me to post a link to his words, let me know. |
I thought you Obidients said the election was rigged, and that Obi won? Why are you now saying Nigerians voted against him and chose Tinubu, and therefore deserve whatever hardship they are going through at the moment? SO YOU NOW AGREE OBI LOST THE ELECTION FAIR AND SQUARE? You can’t have it both ways. Did he win or not? If he truly won and was rigged out, then you cannot blame Nigerians for the current situation. If he did not win, then you should admit to being DESPERATE LIARS who tried to deceive and cheat the country. So which are you? One more thing. Obi promised to end subsidies “from Day 1” of his presidency, if he won, so it is also grossly dishonest and hypocritical to attack Tinubu for the present situation when your man promised to do the exact same thing. |
SpartaOfLagos:But I thought you Igbo pigs said the election was rigged, and that Obi won? Why are you now saying Nigerians voted against him and chose Tinubu? SO YOU NOW AGREE OBI LOST THE ELECTION FAIR AND SQUARE? You can’t have it both ways. Did he win or not? If he truly won, then you cannot blame Nigerians for the current situation. If he did not win, then you should admit to being DESPERATE LIARS who tried to deceive and cheat the country. So which are you? |
LegendHero:Not forgetting that Obi also promised to remove subsidy “from day 1”, so if he was in power, we would be going through the exact same situation. Just ignore those tribalist Igbo spear chuckers. Primitive narcissistic people. For them it’s ALL about ethnicity. |
Atedo Peterside, Shebi you be multi millionaire? Hunger no dey waya you, so na “investors” your own mind dey, even if people no see food chop. Out of touch, over-fed foolish man. |
Seefinish:So hoarding food to create artificial scarcity in order to keep prices high is a legitimate “business” in your village head? Maybe you’re one of the criminal hoarders. |
Naijaepic:Nigeria will go to war if they do that. |
tenpipsperday:Real men, unlike the pro-western pussiees we call our leaders. Wait till Russia builds their nuclear power station as planned. We might be begging them for light! And what if Putin is in secret discussions with them to provide nuclear weapons capability? You can never put anything beyond Putin. |
Biafrannuke:Somalia GDP Per Capita: 592 USD Nigeria GDP Per Capita: 2,165 USD Good luck in your new Somalian Paradise. ![]() https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=NG |
youngrichnigga:Thousands of years before them. The world order changed dramatically in their favour in the 1600s when they began using Chinese gunpowder mixtures the Chinese were using for fireworks at festivals, to build firearms. In an Iron Age world that had been so for thousands of years, with iron weapons the agreed norm, the rest of the then RICH world - the southern hemisphere of black and brown people who civilized the world - stood no chance against them. The rest is history. Everywhere you see in the world today called ''third world'' or ''developing country'' was the RICH WORLD they destroyed, enslaved, and looted with those firearms to enrich themselves, and become today, the ''first world''. |
Manny21:Don't mind the idiots. |
YourMrBoo:Are you minding these COMMUNIST ILLITERATES? Soviet-era communists in disguise! Closet Maoists and Leninists! Any bold move by the private sector they frown on. Any good project must be government-run. If it is private-run, it means in their heads that some private guy is chopping their money. Yet this is a capitalist economy modelled after the most capitalist USA and UK! Do you know that HEATHROW AIRPORT LONDON is owned by a private consortium? It has nothing to do with the UK govt! Zero! They just run it and pay small tax to the govt. Can you imagine the reaction if the FG says they want to sell Murtala Muhammed Airport to a private consortium of Nigerian firms? All hell will break loose! They will accuse Tinubu of selling off the country’s assets to his cabal and his cronies! We have to decide if we want to be a capitalist nation or not. In a capitalist economy, apart from civil projects like roads and bridges, everything else major you see is private sector - owned. Stadiums, universities, power plants, factories, refineries, hospitals, everything! Here in Nigeria, you want the govt to own and run everything! When a private sector firm like Dangote does something big, you frown on it. But you have NO PROBLEM with private white-owned multinationals like Unilever, Shell, etc coming here and raking in profits while producing a service, but a Nigerian firm does it, and all hell breaks loose! He is chopping our money! Right before our very eyes, Nigeria has become the biggest manufacturer and exporter of refined petroleum products in Africa - a massive step towards industrialisation, and these BUSHMEN on nairaland are here typing streams of ignorance. It's just pitiful. The Dangote refinery boasts a capacity of 650,000 barrels of crude oil per day and is expected to meet Nigeria's domestic demand for petroleum products and help Nigeria save the much-needed foreign exchange currently spent on the importation of such petroleum products. Nigeria currently imports more than 80% of its refined petroleum products. She is the largest importer of refined petroleum products in Africa. Local production by the Dangote refinery will therefore massively cut the country’s import bill. ''According to the Central Bank of Nigeria, the cost (including freight) of petroleum products imports into Nigeria doubled over a five-year period from about US$8.4 billion in 2017 to US$16.2 billion (indicating an annual average of US$11.1 billion), before rising further to US$23.3 billion by end-2022. The central bank says the average annual cost of petroleum products imports to Nigeria could reach US$30 billion by 2027 if the country continues to rely on petroleum imports. This money can now potentially be saved with Dangote refinery plugging the supply shortfall.'' https://theconversation.com/dangote-launches-africas-biggest-oil-refinery-4-ways-it-will-affect-nigeria-205685 .......... Yet we have this inglorious gathering of professional malcontents pouring sickening invective on the refinery! I mean, who did this to you people? |
Nigeria is now officially Africa's biggest manufacturer and exporter of refined petroleum products. This is a MASSIVE step forward in our march to industrialisation. Congrats to all Nigerians on this positive development. ![]() .............. Exclusive: Nigeria's New Dangote Refinery To Export First Fuel Cargoes Reuters LONDON/BRUSSELS, Feb 14 (Reuters) - Nigeria's Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. The refinery, Africa's largest with a nameplate capacity of 650,000 barrels per day, was built on a peninsula on the outskirts of the commercial capital Lagos by the continent's richest man Aliko Dangote. Nigeria has for years relied on expensive imports for nearly all the fuel it consumes but the $20 billion refinery is set to turn it into a net exporter of fuel to other West African countries, in a huge potential shift of power and profit dynamics in the industry. Dangote Refinery, Lagos https://www.hydrocarbons-technology.com/wp-content/uploads/sites/9/2017/09/Dangote2.jpg https://dailypost.ng/wp-content/uploads/2015/06/refinery.jpg The first cargo is 65,000 metric tons of low-sulphur straight run fuel oil, which Dangote has awarded to Trafigura and is due to load at the end of February, three of the sources said. Trafigura declined to comment. At least one refiner said they had been offered the cargo by Trafigura without elaborating further. The second tender is for about 60,000 tons of naphtha, three other sources said. Two of them added that the tender closes on Feb. 15. Loading details were not immediately available. Sources told Reuters last week that the refinery was preparing to deliver its first fuel cargoes to the domestic market within weeks. The two fuels on offer are typical products of running light sweet crude through a crude distillation unit (CDU) in a refinery without further upgrading capacity. It is expected to take months for upgrading units to be brought online, experts have said. The refiner began buying crude in December last year and Nigeria's state-owned oil firm NNPC Ltd has been the main supplier. Dangote has also purchased some U.S. oil and is expected to receive 2 million barrels of U.S. WTI Midland in early March, according to LSEG and Kpler ship tracking. https://www.reuters.com/business/energy/nigerias-dangote-refinery-export-first-fuel-cargoes-2024-02-14/ |
waynetee:The Conservative Party love to have a black or Asian as their front, to push their anti brown and black people policies, so that they don't appear to be racists. |
ezekuche:ALEX IWOBI PLAYED 1 MILLION TIMES BETTER THAN ZAIDU SANUSI. WHY IS NOBODY TROLLING SANUSI? HE WAS THE WORST PLAYER OF ALL THE TEAMS IN THAT NATIONS CUP. |
SweetDipBenny:Exactly. Zaidu Sanusi was HORRIBLE. Why is nobody trolling him? |
Melagros:SHUT UP, YOU DUNCE. You have ZERO IDEA who uses those weapons. When have we ever seen Plateau people ''defending themselves'' from the gunmen? The only people we see with guns in that area are bandits and herdsmen, so by logic, that factory is for supplying THEM until proven otherwise. |
X |
truthhurtsnaira:SHUT UP. Animal. Inferiority complex afflicted fool. |
Inayachem:ARE YOU SERIOUS? |
ufotunang:Exactly. ALL CHARM IS LEGAL. Your prayer to your white Jesus is CHARM Your prayer to your Arab Muhammed or Allah is CHARM If those gods answer you and make you win, is that not unfair advantage? ONLY THE AFRICAN GODS ARE ILLEGAL, ABI? E NO GO BETTA FOR UNA PAPA DIA IDIOTS. |
olisaEze:So he is immune from criticism because he passed away? Are his bereaved children more important or worthy than the Nigerian children who suffered in consequence of his actions? HELL NO! |
CockPit:Yep. I wonder if some racist neo-nazi Trump MAGA Republican white technician in the helicopter hire company even sabotaged the helicopter. They hate to see black success. |
AsomArchitectNG:What if you die and return to the Other Side - the land of the ancestors - and discover that the enjoyment there is 5 million times greater? |
lilyheaven:No, YOU don't have what it takes to be a man. Because you're a born slave. One thing you should understand is that COLONIALISM is a system designed by the coloniser to rule over you and exploit your natural resources to enrich the colonising nation. THAT IS WHAT COLONIALISM MEANS. A coloniser is NOT there to develop your country. He is there to loot your resources to build HIS country. So expecting that they will develop your industries and infrastructure etc, shows you are extremely ignorant and not very smart at all. If they came to develop your country, Nigeria would been fully developed by independence!! Or was 100 years not enough for your white master to develop a country? What happened to his magical powers? Ewu. |
Jman06:Kai...Pitiful. So let me get this. The British ruled you for NEARLY A CENTURY uninterrupted. And in that time they exported your resources - cocoa, palm oil, rubber, timber, tin, iron ore, copper, groundnuts, coal, all worth several TRILLIONS of dollars cumulatively in today's money. And with all that money they built you ONE university. ONE. It wasn't actually a full-fledged university, so technically they built none. In a hundred years! How many have we built in just 60 years of independence? 200+ universties. Yet to YOU, the British did more. Because your head is still COLONISED by them, although they left physically. Many of our professors and professionals today were educated by the colonial masters. Then Nigerians didn't need visa to travel abroad and many were offered scholarships to study in choice universities abroad.Mumu. ''Choice universities abroad''. Why didn't the British use your trillions of dollars worth of resources to build ''choice universities'' in Nigeria? Were your illiterate grandparents not worthy to have ''choice universities'' despite their resources being stolen? Infrastructures done by colonial masters were of high quality. Those roads and bridges constructed by the British colonial leaders stood the test of time.Which roads? Where are the roads? Did they disappear? Your first expressway was built in the 1970s by the Gowon administration. In 1960, a FOOTPATH led to your village, not a road. Not even a 'bad' road. FOOTPATH. BICYCLES were the most common form of transport after walking, under British rule, Cars were very few, and only for the super rich. Today, courtesy of Nigerian rule, you can drive by car to the remotest village in Nigeria. Our people got the best of healthcare as British doctors were the ones in charge of healthcare. Same British doctors were the ones who later trained our people on orthodox medicine which then replaced our crude and ineffective traditional medicine practice.You CRETIN. Infant mortality rate in 1955 was over 250 per thousand compared to 57 per thousand today, as shown by this SHOCKING GRAPH from Statista: https://www.statista.com/statistics/1073200/infant-mortality-rate-nigeria-historical/ Where are the hospitals they built? Name them. Did they disappear? South Africa is much more developed today than Nigeria because the colonial masters stayed longer there compared to Nigeria that hurriedly got Independence only for our evil and selfish politicians to start looting our common wealth instead of developing the country.Firstly the only reason you are not a village illiterate palm wine tapper like your immediate forbears under colonial rule, was that NIGERIANS CAME TO POWER AND BUILT THE SCHOOLS THAT EDUCATED YOUR PARENTS AND YOURSELF. Secondly, SOUTH AFRICA is only developed today because the European invaders considered it ''their'' country, and so did not simply LOOT THE NATION and send the proceeds to their home country, as happened with other black colonies like NIGERIA, So as early as the 1870s they had already built universities, power plants and other major infrastructure, such that by the 1940s, South Africa was virtually a developed country! If the British were not criminal looters, Nigeria would have been a developed nation like South Africa well before 1960. Instead we had a BIG FAT BUSH WITH NAKED CHILDREN RUNNING AROUND AND MALNUTRITION, MASS POVERTY AND ILLITERACY. Your grandparents could not JAPA from their farms because they were illiterate and had no such option. They didn't even know what an airport was. The fact you can even think of JAPA today is because NIGERIAN LEADERS educated you and exposed you after the British were driven out. Sometimes, I wish that the colonial masters stayed longer in Nigeria. I'm sure the country would have been better than it is today.Are you aware the British did not build ONE power plant in Nigeria? They imported industrial generators to temporarily power the areas they lived in, like Ikoyi and the various GRA's they built for themselves. Nigerians lived by candle and lamp. They didn't use generators, firstly because they couldn't afford them, and secondly because their houses were not even wired, as there was no national grid! Our first power plant was Kainji Dam commissioned by the Balewa administration in 1964. So Access To Electricity was under 2% at independence, compared to 62% today, and rising. You reason the way you reason because you are under a British occult spell. |
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