₦airaland Forum

Max24:
Please,stop behaving funny. If you cant guess why a he travels outside the country you might as well assume that he went there to kiss his girlfriend. Maybe Remi needs an assistant wife based in France? Or, maybe he went there to play Ludo game with Macron. Some questions are senseless.

Max24:
Imagine how much Nigeria would spend if the president had to travel on chartered aircraft that is not Nigeria's. Does it not make economic sense that we bought our own aircraft. The aircraft is a tool to bring more prosperity to Nigeria. People like Obi are arm- chair critics who have never delivered development to their people as he is penny wise but pounds foolish. Don't mind them jare, the Jagaban !

nairalanda1:
Srry, dear succubus, you have just shown you don't understand the topic at hand.

Realdeals:
Subsidy should be predicated on the surplus of resources, which should be brought about by increased productivity especially of the citizens.

Max24:
Go and read the story of Dubai and Kigali that are the envy of the world now and find out whether their leaders sat back in their countries before investments came to them. Do you think their presidents sat back in their palaces and investments just trooped in on its own? Why are MDs of Nigeria banks traveling to America and UK all the time for funds?;Why are banks such as GTB and others listed on the New York Stock Exchange? If Nigerian banks are all the time looking for more investors why would a country not? And who is in the best position to do that if not your president? More so when you have a president that has a background in finance unlike Buhari that might not know how to sell Nigeria to investors. Is Tinubu not supposed to be our chief marketing executive?; So, you expect him to sit at home? Doing what ? If you are a father with children to feed will you sit at home because you need to play with them? Will that feed your children? Or you go out to strike deals that will be beneficial to you and your children? I wonder how some obidients reason.

nairalanda1:
\

SO that is why you called me a dunce?

Sorry, but I don';t talk with bullies. I thought you changed

Good morning, dear lad.

nairalanda1:
Why do you let internet comments hurt you so, dear lad?

nairalanda1:
It's the royal we, dear adelheid.

Realdeals:
Very few understand your reasoning. I told someone if I was the President, I will stop all form of subsidy. Tinubu has been able to stop FX subsidy totally, remains fuel and electricity.

nairalanda1:
you are looking very beautiful this morning, young laddie.

No homo.

nairalanda1:
It has also cost us 4 refineries, cost us lost billions in theft, looting smuggling, and so on, created large budget deficits that contribute to the debt, and made NIgeria the dumping ground for low grade fuels from all over the world, and cost us billions if not trillions in import costs for fuel...because no one is going to refine fuel and compete against cheap government fuel...it would make him lose money


I mean right now, if I had a refinery, and sold fuel from there at N1200 and above, how can I compete with imported subsidised fuel at N700 and below, even at N900. I WOULD Lose, and the refienry would close.

See the issue?

nairalanda1:
All true, but at the end, we still have to remove subsidy.

We have put this off long enough. IN 2012, WE COULD Have done it, painlessly, but people said NO, using the arguments you used. And here we are.

casualobserver:
This is why I say remove the subsidy fully or we return to square one.

blowjohn:
The more u look, the less u see.

Instead of the guy to lay low and live his life, he's busy doing press conference

underpinna:
Broke law? Oh no. All I see is business transactions between neighbors.

And those people, are they not Nigerians? Did they steal the product or buy with their own money?

You kept saying Nigerians suffering but people are being smart enough to use their money to make more money for themselves.

underpinna:
That's where the smart ones find wealth, from the suffering of others.

nairalanda1:
Little children deserve their plantain

underpinna:
That's where the smart ones find wealth, from the suffering of others. They take advantage. They were not the ones that created the scarcity and long queues on petrol stations however, they find opportunities and made smart use of it.

nairalanda1:
It has also cost us 4 refineries, cost us lost billions in theft, looting smuggling, and so on, created large budget deficits that contribute to the debt, and made NIgeria the dumping ground for low grade fuels from all over the world, and cost us billions if not trillions in import costs for fuel...because no one is going to refine fuel and compete against cheap government fuel...it would make him lose money


I mean right now, if I had a refinery, and sold fuel from there at N1200 and above, how can I compete with imported subsidised fuel at N700 and below, even at N900. I WOULD Lose, and the refienry would close.

See the issue?

TEYA:
Did you read the post? Read man!

nairalanda1:
It has also cost us 4 refineries, cost us lost billions in theft, looting smuggling, and so on, created large budget deficits that contribute to the debt, and made NIgeria the dumping ground for low grade fuels from all over the world, and cost us billions if not trillions in import costs for fuel...because no one is going to refine fuel and compete against cheap government fuel...it would make him lose money


I mean right now, if I had a refinery, and sold fuel from there at N1200 and above, how can I compete with imported subsidised fuel at N700 and below, even at N900. I WOULD Lose, and the refienry would close.

See the issue?

nairalanda1:
Little children deserve their plantain

nairalanda1:
Goodningth, dahling.

onyxo76:
because you can get the passport within 2to 3 days if you have the right person assisting you and the required amount, otherwise you can decide to wait till when you will collect it officially.QED
A colleague got her passport 2 years ago for about 210k within 48 hours ,she had an urgent medical procedure to carry out in uk and had to travel within a week.

nairalanda1:
The above is how we know that some of the commenters on nairaland have the mind of kids.

Bullying is their forte, reasonable conversation they know not.

Also, they get hurt when you don't agree with them

nairalanda1:
\

SO that is why you called me a dunce?

Sorry, but I don';t talk with bullies. I thought you changed

Good morning, dear lad.

JuanDeDios:
I knew you'd read it in 5 seconds, start to reply in another 2 seconds, and spend another 10 seconds typing your reply, making a total of 17 seconds. But I know there's someone on NL who'll read what I wrote and UNDERSTAND it.

nairalanda1:
\

SO that is why you called me a dunce?

Sorry, but I don';t talk with bullies. I thought you changed

Good morning, dear lad.

nairalanda1:
The above is how we know that some of the commenters on nairaland have the mind of kids.

Bullying is their forte, reasonable conversation they know not.

Also, they get hurt when you don't agree with them

JuanDeDios:
It's simple: because of price of fuel has gone down.
1. When fuel subsidy was removed and it started selling at about N560-N600, the price of fuel in Nigeria became similar to that in neighbouring countries. So smuggling stopped overnight.
2. But since then, the price of petrol has dropped in Nigeria, such that it's now far cheaper in Nigeria than in neighbouring countries, hence the return of smuggling. (Read on before you type another question).
3. How/why is it cheaper here than in neighboring countries? Exchange rates. At the time subsidy was lifted, it was $1=750, landing cost of imported petrol was a little over N500 and it was selling here at N560 (same price in Niger and co). Now, it's $1=N1600, landing cost is around N1300, and it's selling here at N850 while it's N1,600 or more in Niger and co.
4. Petrol is currently selling here for around N850-N1000 (instead of the N1600 or so that it's selling in neighbouring countries) because government is paying subsidies.
4. If we don't want smuggling, government would have to "remove subsidy" again so our prices will keep up with international prices.
5. Government can't do 5 - there'd be wahala. So as long as our currency remains unstable, we will continue to have these problems, including smuggling.

nairalanda1:
We are still subsidising. That is why we still have smuggling.

Good morning. Shebi you wanted subsidy. Your leader is giving you subsides. See the effect of bad APC Policies. Result is the mess we have now.

I know you guys care for the poor of this country, but it is evident we can no longer sustain subsides, or shortfall.

nairalanda1:
True this. Very true

Timmi:
Mr man, the whole essence of going to school is to learn and you can’t learn without reading and research information for yourself to know, but then I am assuming you went to school beyond elementary education. No one will spoon feed you and your likes. I gave you a reference where you can get the information but that is not sufficient for you.