₦airaland Forum

richeeyo:
You still a fool
Didn't you see clearly 4 Generating companies

Getting licences in Nigeria isn't same as having capacity do what is required.....I have seen MFB licences being traded by original licenses to 3rd parties.

surgical:
only a man with empty brain, that is some one without the tool or equipment to think,will imagine that this reform or whatever you call it will work or have any positive impact, at best this can only yield extra money from the sorrow of the people to be squandered by the imprudent Tinubu.
That's all more money at the discomfort of the people to be wasted on frivolities

Bloody retard like yourself who knows nothing about running a common association is here making lucid assertions about our national economy......who told you the reforms wouldn't work when we are already seeing results though infinitestimal but gradually would become wholistic.....you know nothing about the economy but your rancid frivolous individual satiation.

nedu666:
When roads were tolled in Nigeria, was the road good. Is it not here $1.5 billion was spent on a refinery and its still not working till date

Rather than scrapping tolls at the time,we should have made them more efficient,we wouldn't be where we are today.

coleon:
I don't expect much from a dimbat. It's the usual rhetorics of a mumu zombie. All those nonsense you wrote is defeated as the realities on the street is staring at you in the face, the stark reality of today is that Nigerians are better off than they were last year or the years before, any attempt to deny that fact is playing the ostrich and sounding like a dull pupil. Ire oh.

Bloody dingbat like yourself should know that these reforms are painful because it's a whole surgical procedure on our economy.....there isn't any easy way out of it if we don't want to end up like Zimbabwe or Venezuela.....smart folks already knew we would get here because tinubu already told you what he was going to do and he did, atleast if for anything all the 3 presidential candidates agreed that subsidy must go and we need to liberalise our forex market,so why are you hating that it's been done now......only fools would believe there is an easier way.

ebufa:
please compare the South African roads to the bombing range you call roads in Nigeria! Your problem is that you do not have any shame left in your body!

You are the deluded one,he is juxtaposing SA roads with ours and the reason theirs is better is cause they pay taxes and many of the roads are tolled....but all of you shouting and insulting govt about the condition of our roads will scream blue murder once govt decides to toll them or get more strict on tax collection.

coleon:
Whenever I read all these your nonsense posts, my position is that, it's either school failed you or you failed school, it has to be one of the two.
This exact idiocy, is what the government today sold to Nigerians that subsidy only benefit a few elites who are swallowing Nigerias money and the poor do not benefit from subsidy but today it's obvious to the blind that it is even the poor that benefits most from subsidy with the over 100% inflation that we are experiencing in Nigeria today, some cannot even feed and are already picking tomatoes on the floor.
You claim that it's only the elites that want cheap fuel to go to parties,but your shallow thinking did not tell you that the barbers, dry cleaners, mechanics, delivery guys,Uber drivers and food sellers need more cheap fuel daily to run their businesses than even the owambe people, are those people you alluded. Are they also elites?
You said cheaper fuel could lead to snuggling, is that not the failure of the government and why should the Nigerian populace be paying for the governments failure to secure her borders?
Finally, since the subsidy has been removed and the government is now getting more revenues, how has it benefitted the lives of the average Nigerian today? Are you better off today than you were last year, talkless of 5 years ago?
Infact this Tinubu administration has borrowed more than his predecessors despite his so called removal of subsidy. To say you are very dull is an understatement but you sound like a complete economic illiterate.

Your points are as pedestrian as can be....the elites are complaining more about subsidy removal,take that to the bank....who drives the expensive fuel guzzling cars,who needs to run his generators every sec there isnt power even while sleeping,who owns the gas stations and oil importation businesses getting subsidised petrol so more people can come buy thereby more profits for him... the poor has long adjusted their lives to current realities but it's the elites who are missing out on their frivolities to the detriment of the economy.

The poor benefits far less from subsidy than the rich....the major reason for the inflation we are experiencing isn't solely caused by subsidy removal but majorly our currency devaluation and our lack of adequate production of food.....maybe it's in your village or family that they are picking tomatoes in the streets,right here i haven't seen any.

Only a dumb shallow minded nitwit can think we can get out of this recession in just 18 months when our economy had already been in a downward spiral for several years......subsidy removal benefits isn't about giving people rice or money,its about re channeling the surplus to critical segments of our economy.

You claim tinubu has borrowed more money but you are too dimwitted as always to realise that Nigeria's debt to GDP has reduced,debt servicing to revenue ratio has reduced, foreign reserves is on the upswing,oil production has marginally improved from the abysmal 1.2m bpd to about 1.5m etc.

It is a fact that the macro economic outlook of our economy is very stable and positive but it's the micro that's a problem and your govs also have a huge role to play at that level to alleviate and improve the lives of their citizens.....but tell me what your gov has done it is doing to develop his state to the benefit of his citizens.

MadPolitician:
Kwankwaso is the northern version of Wike; arrogant, brash and uncouth with his outbursts. Just better educated and with more followers

Waiting for them to start blaming tinubu for this also!!

trutharena:
All the sections of the road will be completed by December 2024.

Very poor reportage mentioning sestion 3 and 3b without mentioning the locations.

diverseconcepts:
good move...


we have hectares of land facing directly the coastal road

Location

Ringstonermask:
u lied


Military is not as barbaric as u put it. Some of us experienced d military first hand. Activist spoke well, people protested without being killed


Democracy is worse aswear

Even with military not being in power you can attest to several impunity they have been accused of committing,you can then imagine if the had full authority.

Sheuns:
Sue him and get redress you say. In the same court they ask you to go that they’re waiting for you?

Mind you during the military they were protests and people questioned the military government.

What’s the difference between them and military if you cannot allow people freely ask you questions without getting offended.

Your argument is neither here noh there.....you are only free to criticise this govt anyhow you like because it's a democracy,even this forum and the likes can be impeded from operating just by fiat, without you having any right to do otherwise,go ask Eritrea,Cuba,N korea and the likes.....I am not sure you were impressionable enough to have experienced the military era.

Pickmycall:
Fuel doesn't get into a car engine.It goes into a process of combustion by mix with air in the carburettor and the combustion exit through the exhaust.

Low quality fuel wouldn't combust properly and this would have adverse effect on the vehicle and the environment.

persius555:
You cant wish away the high cost of production in Nigeria as a result of high energy. In the absence of adequate power supply, manufacturing will continue to suffer. Households will continue to suffer. SMEs will continue to suffer

That's exactly the point.....we have always had these problems with us even when we were enjoying subsidy and removal of it didn't unleash the lacuna on us.....my argument is we need to deemphasize the importance of pms on our economy.....Are you aware there is still subsidy on power.....now the govt wouldn't have any excuse for not getting basic infrastructure working.

princeade86:
sue who? In this country. So u dont read where he said she should go to court. Court are government agencies now. They working for government

She can sue the FG for taking the land that belongs to it.... The entire beach front setback all belongs to the FG,that's why Landmark couldn't complain when they came for him......However,she can sue the minister for infringing on her right to air her comment and acts capable of bringing her to public ridicule..... several people have won cases against the govt in a democracy but in a military regime,you wont even get a chance.

EnemyofGod3:
Shut up if you don't have any reasonable things to say.what has average Nigeria get from the fuel subsidy remover money ? What has Nigeria benefits from the money generated from subsidy remover ? Nothing.all the money generated from the fuel subsidy is being shared among the elites, nothing for the poor masses.is it not all of us enjoy the fuel subsidy than to few people sit down and be sharing the money generated from the fuel subsidy remover ? Stop defending nonsense.

The finance minister just came out to announce Nigeria should be aiming to earn upto N700b monthly from we being able to refine our own crude.....that's a lot of money for anybody to be able to share to friends.

Student loans.
Consumer credit.
More robust mortgage sector.
More allocation to states and LGA'S.
N75b finance to MSME.
Legacy projects like Lagos -Calabar, badagry -ilela,cross river to Abuja high ways.
Reduction in debt servicing to revenue ratio.
Minimum wage increment.

These and many more are done benefits that are already out there.

Pickmycall:
Any substandard fuel that can start an engine and make it move is not a substandard fuel.It is now I know dangote is jealous of competition.The illegal refineries in Niger Delta has not damage cars engine but fg is destroying them instead of supporting our local products like they do to rice and beans.

Who told you it doesn't damage car engines?

Sheuns:
These are the people that claim Democracy is better than Military.

What they accuse the military of, they’ve done worse.

The woman can sue him and get redress but under the military,she would either be on crutches right now or in jail!!

Under the military, you don't ask questions,you only follow orders!!

Harnny:
You still do not get it... it's like taking pepper to a pepper grinder. They remove parts you don't need, blend it and give me my pepper. I still determine what to cook with it. I simply just pay the pepper grinder for it service.

Crude business is what it is, a business and govt has no business being in business.....what ever cost implication your analogy entails should be bourne by the end user.

EnemyofGod3:

It shall not be well with Dangote and he will die a painful death, Dangote is the main problem of Nigeria follow by fg,

The analogy of the OP is utterly selfish and self serving at best......international bench marking is the best way to go to bring about better accountability in the sector.....how can you on one hand be screaming full deregulation and upholding the PIA and on the other hand be encouraging govt to keep keeping their hands in the same crude by controlling prices..... cheaper fuel means more subsidy for the rich and neighbouring African countries because it will find it's way there somehow and you deprive govt from revenues they should have gotten from same space to the benefit of a few business men and smugglers.

We need to deemphasize the importance of PMS to our economy.....all major industries run on diesel and gas,our critical transportation sector like trucks,trains,barges and boats run majorly on diesel and this has long been unsubsidized without so much hue and cry,but the average elite wants to keep driving their convoys,V8 trucks and SUVs and fleeting around for every unproductive reason such as going to parties and clubs and other mindless fuel guzzling purpose.

The poor might not have any reason to go into a petrol station to buy a single liter of fuel because he probably has no car or bike or even a generator and if he does it would be majorly for commercial reasons.....yes you would scream wouldn't the poor need to Move around and pay high cost of transportation,the poor uses per less petrol per capita than the rich and if the poor needs to transport himself he would be most meticulous in his transportation needs.

Harnny:
What stops the government from supplying dangote with crude and only paying the cost os refining and still maintain the supplies back to the public?. Dangote is not the problem.

Then we will keep loosing money that the country should have been making from that crude......there is no way crude can be free,it has to be paid for.

The naira for crude policy has it's effects also pricing as it made it cheaper than if he were to be buying in USD.

Mille:
No wonder them no gree release price since.

Before Dangote, fuel was around 600-700. After Dangote, manufacturing price is now 990. A lot more than when fuel was imported.

I told people around me expecting to be a saviour that I'd rather have a foreign company own the refinery than Dangote. Man has no regards for Nigerians. Now they are trying to have another monopoly in the oil sector by engineering a court case to stop fuel importation. Petrol on the road to 3k by 2026.

The price was so because of subsidy,now subsidy is out hence the higher prices.....do not blame dangote.

If you were still importing,there is no way won't be buying @ 1,300 to 1,600 without subsidy.

Murketeer:
Story… na now he know say Naija need to take hard decisions… when he disrupted the Jonathan administration with protests … he didn’t know then

Politics is a game and it was Jonathan that wasn't smart enough to have defeated them when he was president.....that's no one's fault.

The reason why you are all pissed is course you know you aren't getting anything over the incumbent and he is miles ahead of your every move.

This is the first time we are having a president who clearly stated what he intended to do and he is doing it.

Nazgul:
Tinubu is working tirelessly night and day to ensure that come 2027, Naira would collect that top spot from Zimbabwe.

This would have been the faith of the naira if tinubu hadn't taken those hard decisions.

You spend more than you earn .
You are overtly dependent on imports with minimal export.

Nigeria would have been bankrupt by 2027

Godsonkemz:
You need to take a break from the industry to manage your health because we don't want to lose another Nollywood celeb. Your health is more important to us than your acting career. If you die, that would be causing great pain to your children. Sorry for this deadly disease that came upon you and I pray may God continue to sustain and strengthen until you win this life battle.

That career is more important to her than the love you are showing her right now.... would that love put food on her table.....this has no doubt affected her career and would stop her from getting roles.....no roles,no pay ...the emotional trauma is even far worse than the kidney problem itself..... wishing her the best though.

Nicepoker:
When you can't afford it. Do well to update us.

We can still be able to get this cheap price all year round and all over the country if we are only able to ramp up production but what have we .....u serious govs whom should support agric in their domains by investing heavily in agric initiatives but would rather point to Abuja for being the reason their economy is doing badly and why they are poor and the equally ignorant citizenry will keep urging them on especially those obidients.

Henix:
You want to deny the people of Rivers state their rightful allocation because of personal interest of few politicians? And you actually expect them to fold their hands and watch you share the money gotten from their land without them getting theirs? They better look for a way to resolve this their issues before it gets out of hand

Let fubara do the needful.....re present the 2024 budget.... Simple!!

MadPolitician:
We were awarding citizenships to their politicians when their white lords, who are now their new friends, were maiming them for fun during the apartheid years. Why didn't they remind us of how citizenships were gotten in the abroad then?

Their country their rules.....your people are also abroad claiming asylum on the flimsiest of excuses.....if the victims fill aggrieved,they can approach the courts.

Omoslim26:
Loll just take a look at this slave saying another person does not have anything doing with his life
Order for building materials, electronics and toilet equipment and supplies anywhere in Nija, I will pay 50% of the waybill, oya eru what are you doing with your life aside padding Realities and obvious truth and zombing for obvious failures

With shameless people like You who refuse to tell the truth about situations affecting the Country, such Country dey hardly progress, when You are given a job to do, do it well and stop nagging about past people who have held the position. That sounds lame.
But ofcus it sounds good to your zombie ears bcus zombing all day long is what your soul exists for.

Take your zombie sef outta my mention, unless you want make We fire down now, I no get chill for zombies and people who don't have the mental capacity to call black black and white white. This man is the most clueless CBN Governor the Country has ever seen, zombie all you want still doesn't change this obvious Reality.

T-pain no serious with him job that's why him carry this kind responsibility give person wey no even dey fit for Alajo shomolu sef.

I expected you to counter his posits fact for fact but there you are ranting like a rabbied dog......he is clueless because he has refused to defend the naira beyond a given threshold to the benefit of the rich like yourself......he is clueless because he has attempted to curb inflation with one of the most basic rule even in elementary economics that interests rates must always be above inflation........he is clueless for rescinding the ways and means hand out to govt which had in the past worsened our debt situation and has kept ot withing a manageable threshold.

You that isn't clueless can you counter is approach with facts then I can regard you worthy to engage in a discourse with.....wisdom is profitable to direct!!

legitnow1:
They are in severe pain. Hence the emotional response to the wotowoto Chidinma dey give them

They had to find a way to distract her from focusing on the contest.

I wont bother too much about this because by the time lawyers descend on the SA foreign Ministry and Minister, it will be another matter.

That ID will be returned last last... ID THAT SA FOREIGN MINISTRY USE THEIR HAND TO ISSUE, ABI CHIDINMA MAMA BREAK INTO HOME AFFAIRS NI?

Oga!! Abroad noh be like that o......you can loose your citizenship with the slightest infraction if you are found to have circumvented the system no matter how many years back.

What's the cost

OredoPikin:
U guys are ediots aswear
Complete ediots.

So cassava farmers will also farm rice, electricity, fuel, eguisi etc

How did i end up in a country where 90% of its citizens lacks the ability to think?🤦‍♂️
U guys lack basic comprehension of how a country economy works and u aint ready to learn

Food,shelter,clothing isn't the major problem of people in the rural areas.....I tell you that,they have higher standard of living than those in the cities.....I go often out of the cities to the hinterland very often and I tell you,their orientations are different and they can effectively focus on their needs to sustain themselves than their wants.

It is no longer expedient to drive your car around for every unproductive reason,you should have the intelligence to know that you should seek alternative energy and energy saving appliances in your homes to mitigate high cost of energy,many people are now realising generators aren't really a necessity as in the past with many adopting renewable energy sources except for commercial purposes.

Smart people are finding their way round our current economic realities and are sustaining themselves,only stoic entitlement purveyors are the ones crying because they want status quo to remain and not ready to adjust ....the truth is our economy cannot continue to run the way we were used to....it's the hard truth except for those who like to live fallacies.

VeeVeeMyLuv:
He is using the wrong approach to address the problem

He should be addressing other fundamental and structural problems affecting the economy. Though these are actually outside the scope of CBN.

This is a cost-push inflation caused by the corrosive policies of PBAT.

You are quite apt on your inference.....the CBN is trying really add to manage the fallout from these hard reforms the govt is making.....this is one of the worst times to be a CBN gov but someone has got to do the hard work.

All 3 presidential candidates in the last election if for anything all agreed on those 2 major reforms- subsidy removal and naira floatation to stop the wanton drift of our economy into the abyss and only an unenlightened person wouldn't have seen our current realities coming and be deceived there is an easy way out.