001Lotion:
You can be a slave and serve many master. Tinubu is a salve to both the Huasas and the US.

Ha I see so now he is a slave to the US.....Noted......

001Lotion:
You're the dumb one here honestly. Was there no ECOWAS when Guinea, Mali and Burkina Faso military took over?.

Nigeria is ECOWAS and ECOWAS is Nigeria. 70% of its budget is funded by the Nigeria government. Tinubu want to invade Niger for his personal benefits and that of his salve masters.

but you people say the north is Tinubus slave master and here you are on a thread where a northerner is saying he doesn't want war. Shey what you've said is not contradictory like this?

rinzaugustine:
The only Nigerian they respect in Niger is Peter Obi . When he spoke against war they said they would negotiate same day. Most of the menial Labourers in southern Nigeria today are from Niger and not north and most of them were rooting for Obi before the elections. Obi won in almost all the polling units in military installations across the country. Obi is loved openly by most traditional rulers in Nigeria. That’s how you know a leader who the masses’s hearts belong to

on Colos.....on colos.....🤣🤣🤣🤣

billyG:

Yo FATHER!

🤣🤣🤣🤣 shebi na you talk say zoo we dey......and you be baboon you live in the zoo.....😂😂😂

Zxcvbnmghtr:
Honestly, my wish was that Wike would by made Defense Minister. Honestly that was my wish.

mine was petroleum minister

This looks doctored.....

billyG:

The animal call Human being what of you?

no animal is called human....you're either human or animal.....now please scratch your monkey brain and decide which animal you are 😂

Spiritmask:


Tinubu met the dollar at N465, that is where Buhari left it, He should bring it back to it previous value.
Stop glorifying nonsense.

cause we kept a leash on it at the I&E window doesn't that was the true value.....it's real value was closer to the black market rate which was 750.....which is why we had to float the Naira.....cause no one was really getting dollars from there and the ones released to the banks was just been used for round tripping generating money for the banks

billyG:

Look am not from d SE but this cun3 is looking like a zoo to me now.

oh and which animal are you?

fieryblitz:
you're shifting the goalpost without answering my questions! Does Aramco borrow to hedge the Saudi Riyal?

Oga if I was going to take debts against my crude you think the agency whose job it is to sell the crude will not be involved? You forget the NNPC is a company current owned by the Fg even as a private company.....the FG can at anytime ask them to raise capital for any and all uses......

Yinkusgold:


Yes , eh hen?

the reason they were calling for his head was cause they no longer had access to Nigerias cheap subsidized fuel......think about it.....they removed fuel subsidy since last year but violent protest only broke out after we removed ours......all of Africa had been feeding on Nigeria.....we saved 1Trillion in 2 months......how many are we in Nigeria that we were paying that much on subsidy.

vanitybutiwanti:
It's still a form of subsidy because dollars will be supplied to the marketers at a the official rate as opposed to the parallel market rate.

parallel market is only thriving based on speculation.....with the free float of the Naira the official rate is the real value of the currency......the parallel market is just speculation and once there's liquidity at the official window the parallel market will crash, rate my guy gave me this evening was 840.....with this news I won't be surprised if it closes at 800 tomorrow or less cause those who bought at 910 in the last week will want to offload quickly to guard against complete loss creating more liquidity in the general market.

fieryblitz:
I guess Aramco also borrows to hedge the Saudi riyal?

lol......Saudis current debt to Gdp ratio is 23% with most of it tied to crude contracts, but for your small mind Saudi is debt free......Oga sit and stop thinking like a child......

Mccullum:
If I'm not wrong, it means they will pay the loan back with crude oil.

But my concern is sincerity of purpose. Once that's there, nothing wrong about it.

the loan will definitely be stacked against crude but as a long term loan most likely only part will be paid in crude....

numar:
Many complaining. Put them in the office for one month and see how confused they'll be. Una think sey na bigots dey this offices

leave them, that's how one broadcaster too was shouting against the government back in the day, they put my guy in charge of a government owned bank to help create relief for the poor....the bank was dead after 1 year...... it's easy to sit and be shouting until you get inside and realize government work is not beans......

billyG:
Like taking a loan to pay a loan....it is only in d zoo that nnpc can take over d function of CBN.

lol so we are back to the zoo....shebi during elections you people remembered you were Nigerians and wanted to be president.....what now happened 🤣🤣🤣

jydeskill1:
Right move. This will provide liquidity for more transactions non-oil transactions in dollars.

let them use it for only oil transactions O.....that our biggest problem right now....

fieryblitz:
What's the business of NNPC and monetary policy? This country matter dey funny me! Where's the Ministry of Finance/ CBN governor?

so you're saying your top money maker should not be involved in your monetary policies? 🤔.....what a wawu

festacman:


Where is forex to import? Who did you think solely import fuel in the last 8 years?

Oga learn to read before buhari left he opened up the market so independent marketers can bring in fuel....several of them have been bringing in fuel since june.....learn to read and stay updated please.....
https://www.google.com/amp/s/punchng.com/nnpcl-monopoly-ends-as-marketers-fuel-vessel-arrives/%3famp

sojisenai:
Borrowing to stabilize beats logic...but well, what do I know?

absolutely nothing.....

uche393:
I don't understand... wtf?
a privatised institution borrowing USD to stabilise NGN
our country is a joke

yes cause the issue with the oil sector is predicated on the fx market, they said they can't access fx at the i&e window cause there's not enough cash flow, the NNPLC through its oil contracts is flushing $3Billion into the FX market to allow liquidity and you people are still shouting.......so they do you shout....they don't do you shout.....what do you now want?

festacman:
Fuel Subsidy is partially back through the backdoor. NNPC gets loan to stabilize the current price of petrol with FG's guarantee, which in turn saves FG from the embarrassment of 'policy summersault' supplementary budget journey to NASS.

Short term measure to allow both FG and the people to breath but still not the enduring answer.

please kindly give us a step by step of how this equals to fuel subsidy cause they have not said NNPLC is the only one to be importing fuel.....have you tried to bring in fuel and anyone stopped you?

MichaelSokoto:

stolen votes u meant!

no evidence......u go explain tire.....🤣

oloriooko:
stop swallowing every news hook line and sinker and stop this senseless "obi supporter" thing cuz we are all in this together irrespective of who you voted for
stop beating about the bush, grow up and face the reality
as at this morning a pound goes for 1182ngn
stop propagating false senseless news cuz daily trust posted it
what will make a dollar crash over night without attendant calculated definite economic steps over a period of time
FYI a dollar goes for 935-940 in the real parallel market today not in your parallelogram market

finally a question for you, do you even buy dollar or pound?

it has actually come down from 940 yesterday to 910 today cause I bought Dollars yesterday and could have used the savings.....ps you should know the fx market is all about speculation all it takes is for two three people to lay down a quote and shift the entire market especially the parallel market.....

Yinkusgold:


I heard Cameroonians protesting.

Kenya has returned subsidy to cushion the effects of skyrocketing price.

what happened before the reinstatement? Were they not calling for the presidents head?

MichaelSokoto:

Bro, I no drag...
let dem keep increasing fuel to #5000 per liter sef, no wahala!

I say make PEPT dem read em judgement 1st then d masses will take over d affairs of d nation 4rm there!

8.7 Million of us voted Tinubu, we are the masses.....

MichaelSokoto:
anyhow dem wan dey do, make dem dey do dey go 1st!

We are waiting for PEPT process to be concluded 1st!

lol.....I laugh at you people believing the tribunal will be the final court....

gammarays:

Current governor who has lost touch and playing to the gallery.
Anambra citizens offered to buy the zero investment but what happened?

Anambra citizens are aware that Soludo's time is up so he's finished.
Soludo is also aware he can't met up to Peter Obi standard so he prefers to talk now than work.

Go to Anambra and confirm yourself Agbado miscreant.

The reality is that we're seeing Tinubu's touch over Nigeria and it's just the Genesis. Judgement has come down in full measures.

lol....you peoples blind love are just going throw that state back into the hands of obi.....anyway best of luck......in another 16 years we will come back to this table and see what he and whoever he installs will do with the state......ps hope you remember this is the same man that swore by heaven and earth to ojukwu he will stand by his side and apga till he dies only to jump to pdp four years later.....😂

paramakina202:


There is always a first time.

lol.....if court did not upturn Obj election where results where were announced while voting was still happening its not going to happen now.......

gammarays:

I believe they're zombies or their senses harvested for rituals in exchange for supporting APC.

How best can you describe someone supporting APC and Tinubu after Buhari's mess?

we are APC supporters, not kanu piss drinking Obidîots aka ipig 🐖

bluefilm:


Those miscreants are the same people that forced people to vote for APC, or not come out.

How some of them will be regretting their actions now, deep down.

lol.....we regret nothing and if voting was to happen today obi will still come third....

gammarays:

Mugu
One track record of Obi needed seriously in Nigeria is zero wastage of public funds.
Obi's record in education, healthcare and governance is still yielding fruit in Anambra, you can ask indigenes of the state.

Subsidy has been removed and dollar floated with no plans on ground. Ministerial appointment still in politicking stage, no organization and waste of public funds.

Lagos gets the highest IGR and was the former capital of Nigeria. It's still the economic capital of Nigeria. Comparing it with other states shows Tinubu failed woefully. Lagos should compare with other cities like Cape town, Cairo etc

Tinubu left Lagos the most indebted state in Nigeria with nothing tangible to show. Only Fashola did great.
Tinubu floated APC and installed Buhari, we saw the outcome.
A goat will always give birth to a goat. Tinubu's impact on Nigeria already is a reflection of what He is.

The country is already in chaos and we still have miscreants supporting him 🙄🙄

oga we were all here when the current governor said all of obis eight years has amounted to zero for the state.....you can dress up a pig 🐖 and put lipstick on it at the end of the day its still a pig....