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Lithiumite's Posts

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PoliticsRe: What Does The Strait of Hormuz Have To Do With Nigeria's Rising Petrol Prices? by Lithiumite: 8:05pm On Mar 08
lawani:
If ships can not pass through the strait then transportation becomes more expensive and supply becomes an issue pushing up the price. Once the price of crude goes up then Nigeria's federal government will gain but consumers of PMS will have to pay more for it. Nigeria will not sell to Dangote or anybody at lower than the international price. They are not even obliged to prioritize Dangote
You answered it all.
Foreign AffairsRe: Strait Of Hormuz Closed, 3000 Vessels, 20,000 Seafarers Stranded In Middle East by Lithiumite: 6:31pm On Mar 08
Zehdbe:
all thanks to usa and israel they have succeded in distrupting the middle east
All these are propaganda by those against the war in the first place and the UN is a major antagonist......all this is to heap pressure on Trump and heat up the market so prices can keep going up.

I still need someone to explain to me how the problem with the strait affects Nigeria energy wise we don't buy crude from the gulf and we are right between the US and china/India going through the cape of good hope to the bight of benin.
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 6:25pm On Mar 08
Davimuyi:
So can you now mention ONE benefit of having to refine crude oil in Nigeria as against importation.. what is the benefit of dangote refinary
Energy sufficiency,imagine what would have happened right now if we had to solely rely on importation as was obtainable during the subsidy era.......dangote can take care of all the demand in west africa.
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 5:05pm On Mar 08
Fujiyama:
^^^
You could have chosen to educate rather than berate.

His first question is a valid one that people without an economics background often ask: if Nigeria has crude oil, then why do Nigerians have to pay the so called international price when something big happens in a far away land?

Nigeria isn't at war with the USA, Israel or Iran. So why do Nigerians have to deal with higher prices because of a foreign war - when the same oil exists under Nigerian soil?

Does this same thing happen to cocoa, palm oil, coal, rubber etc.? Or its just crude oil?
The world is a global village, what happens in the board rooms of wall street can affect people in agulu......oil prices the world over are priced in global markets,dangote buys his crude at world price
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 5:02pm On Mar 08
iwaeda:
How much have they spent to keep fuel price at N900 below. You know subsidy is still being paid ask NNPCL. grin grin grin grin
Is it to you givt u paying the subsidy,you obidients keep regurgitating falsehoods just to keep deceiving yourself gullible ilk.....
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 4:59pm On Mar 08
reddingtonblack:
With a cluelezz govt who stands as a synonym of incompetence ... for how long will the price drop

You know all this shalaye the govt is trying to do wont have being necessary if they admit forces of market are in control when price comes down ... Dangote slashed price APC were busy stealing the glory ... Everything is coming down cos Tinubu reform is yielding, even Tinubu claimed we are out of the dark tunnel, with the looming impact of PMS hike in price are we really out of the tunnel

You if Tinubu had push for independent local production and refining of crude in Nigeria we wont be the grass of battlefield, instead they fly importation as competition very unreasonable set of humans
What are you yapping on about......subsidy removal was what made dangote refinery to even cone into existence in the first place,there was no way he would have been able to operate if givt continued fixing prices......is it only in nigeria pump prices have gone up?

Is it to you govt is paying the subsidy? You just grab your phone and start typing ilogical inferences just to show the world how ignorant you are.
PoliticsRe: Petrol Price May Hit N1,800 In Nigeria- Refiners Warn by Lithiumite: 4:50pm On Mar 08
Alm this people should go and sit down,they are just alarmist fir nothing......it's in record that dangote gets his crude from America to balance up what he gets from nnpcl....shipment from America to Nigeria has nothing to do with the strait of horizon,also China cargo traffic to West Africa has nothing to do with that place......all this people are just taking people for a ride.

This matter can be settled in a matter of weeks and all open needs do is increase output to mitigate the shortfall......
BusinessRe: Shoprite Completes Shut-Down In Nigeria by Lithiumite: 4:37pm On Mar 08
givedemwotowoto:
Tinubu's policies killed the purchasing power of Nigerians from Day 1, and these companies have shut down because of that.

But people around him are obviously enjoying and getting richer

Why defend something you’re also a victim of?
For every business that shot down,I would show you At least 3 new ones coming up.......is it only in Nigeria businesses shot down.
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 4:34pm On Mar 08
givedemwotowoto:
People are asking a valid question: if not for corruption, why should Petrol be more expensive when the oil is refined within Nigeria?

Shouldn’t the government have more money to improve service delivery to the people when oil prices rise?
You should have asked govt to give you the fuel for free.....like say nah only Nigeria get oil......oil prices just started climbing last week and you expect tinubu to start sharing money on the streets today.......your idea of basic economics is pedestrian and utterly ignorant.
PoliticsRe: FG Defends Fuel Price Fluctuations, Cites Market Forces by Lithiumite: 4:30pm On Mar 08
iwaeda:
We warned you. Let me just laugh ahead. grin grin grin grin
When the headwinds settle and prices start to drop,hope you will also remember to laugh.......if it was in the past we would have been grappling with fuel scarcity by now and even buy at a higher price than what is currently available......removing subsidy and full market deregulation was the best policy by this govt......PBAT till 31.
PoliticsRe: Tinubu Inaugurates Committee On Grid Asset Management Company by Lithiumite: 10:00am On Mar 08
DatNiggaDaz:
grin grin

You have left Nigeria's Aso Rock and now using the Whitehorse when it suits you to push the propaganda of lies.

Let me bist that Taqyiyah bubbkes. The fake certificate holder promised his gullible data boiz not to snatch and grab for him if he fails to provide 24hrs electricity after his first snatched tenure is over. What do you have to say now ?

First grabbed tenure is over and the roasted fraud is not setting up a committee for what exactly ? To decieve people like you definitely cheesy
Your inferences gives you up for what you are ......neo fascist ideologue and we ain't buying,we have set up a committee to consult and set up processes to achieve electricity sufficiency.......when you get into govt,come and solve Nigerian's electricity problems in 3 years.......is the Whitehouse on the national grid,yes or no?
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 9:57am On Mar 08
DeepSight:
+
I repeat, answer my simple question. Which is more important? Power or those roads?
They are both important,non supercedes the other......the govt is still paying subsidy on the power you consume and all lot of activities is happening in that sector that you still won't see the results until much later ......
BusinessRe: Shoprite Completes Shut-Down In Nigeria by Lithiumite: 9:53am On Mar 08
DeepSight:
+
In case you dont know, I was referring to the ill thought out fuel subsidy removal along with the devaluation of the naira within a month of resumption acts which vastly and unquestionably pauperized tens of millions instantly.
Lie al you want,it's you and your family that have become paupers as for me and all those around me,I haven't seen anyone die of hunger and I haven't seen people's livelihoods worse off than it had ever been since I was born.........cbn just announced that 30 banks have met their recapitalisation requirements,if the economy was as bad as you claim where did those capital come from,who would want to invest in a dead economy.......people are getting by and making money but all you choose to see is misery,that's your problem...
PropertiesRe: Lagos Government Asked Her To Pay 400k To Unseal Her House Despite Having Papers by Lithiumite: 9:49am On Mar 08
CorperKola:
We both know nothing will happen
I heard the elevator that killed a doctor last year up till now hasnt been fixed
That was an accident and accidents do happen everywhere around the world,you don't throw the hammer on every infraction......this case is that if bare face corruption and I know for certain they will be punished if the lady could come forward with evidence.....
PoliticsRe: Tinubu Inaugurates Committee On Grid Asset Management Company by Lithiumite: 9:46am On Mar 08
DatNiggaDaz:
grin grin

You are not making any sense. Many committee has been Set up in the past and has shown that setting up committees was not the issue to solving the electricity problems of Nigeria.

Instead history has shown that committees are just avenues to settle some political goons and loot funds just like the Tac committee that was set up with a fake gazetted Tax laws.

Your messiah who formed the committee has already since last year disconnected from the National grid. The fake certificate holder did not Set up any committee before he decided to disconnect Aso Rock Villa from the Grid.

You and your messiah are decieving yourselves
Is the Whitehouse on the national grid in America,hear how unreasonable you are with your arguments......the tax committee you are repudiating has been commended for doing a good job and even getting the bill passed they deserve accolades......get this and get this straight,tinubu already knows what he wants to do and has put moves in motion to actualise it .....the committee is just for consultations so people like you won't start crying that he is too high handed......I don't understand why you are so bitter a govt is setting up a committee for any purpose......I just don't get it.
BusinessRe: Shoprite Completes Shut-Down In Nigeria by Lithiumite: 8:50am On Mar 08
LibertyRep:
Is there a management issue or Divestment or what ?
Because I see Foodco, Justrite and other malls opening every other day.

What exactly is the issue with ShopRite
Don't mind these propagandist....shop rite simply failed to evolve and adjust to current realities......smaller retail chains are growing exponentially due to one major reason which is accessibility, tge nearest shop rite to where i live would be about 5km,thats a lot of intense driving within the city but I have jendol,just rite,and so many others along my route, why then do I have to go to shop rite just because I want to get groceries.
BusinessRe: Shoprite Completes Shut-Down In Nigeria by Lithiumite: 8:46am On Mar 08
DeepSight:
+
Absolutely. When you instantly pauperize tens of millions and strip them of buying power, what do you expect.
This is a post from the coven of opposition agents who seek nothing but to attack tinubu no matter how ridiculous they sound........why is spar which has existed before shop rite growing, we have so many Nigerian retail chains doing very well,us it foreign customers or ghosts that are growing them?

We know where this is coming from and it's an infantile attempt to try to bring down tinubu......PBAT till 31!!
BusinessRe: Shoprite Completes Shut-Down In Nigeria by Lithiumite: 8:42am On Mar 08
givedemwotowoto:
Tinubu’s family, friends, staff, party governors and elected officials, campaign organizers, advisers and so on — are all doing very well.

But over 90% of Nigerians are poorer. Over 100 million Nigerians already facing multidimensional poverty.
Keep quite,what has tinubu got to do with this.......shop rite failed to evolve and adjust to current realities.......smaller retail chains are growing rapidly where shop rite has failed and there are more retail outlets bludgeoning value in the retail space......everything tinubu depicts you as an ignorant,unintelligent fellow who doesn't even understand basics.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 8:35am On Mar 08
DeepSight:
+
I am not an Obi apologist.
Answer my question. Which is more important for development. Power or those roads which have already existing routes?
Show us one road that some form of work isn't going on at the moment.......has the govt told you they are neglecting the old ones?

Run a cos analysis of transiting to calabar through the old route compared to the new road when completed.
PropertiesRe: Lagos Government Asked Her To Pay 400k To Unseal Her House Despite Having Papers by Lithiumite: 8:28am On Mar 08
Tenses:
Serious trouble you say.

FreeStuffsNG go just dey laugh you for this your naive comment.
That's what it is,they will get into serious trouble if she was meticulous enough to provide evidence.....do you know how many lastma or police men that have been fired for silly things like this.
PropertiesRe: Lagos Government Asked Her To Pay 400k To Unseal Her House Despite Having Papers by Lithiumite: 8:20am On Mar 08
Dalohad:
A good Lagos resident because he had to negotiate an illegal fee to be paid into a personal account..

During GEJ's time, you people shouted highest against corruption, alas you wanted power s that you tribe will be ones to perpetuate it.
Are you saying this wasn't happening during gej......let her name those officials or evidence and see if they will remain on that seat by Monday.
PropertiesRe: Lagos Government Asked Her To Pay 400k To Unseal Her House Despite Having Papers by Lithiumite: 8:18am On Mar 08
You should have stated the name of the officials and shame them,this people are criminals giving the govt a bad name.....people who dont even know how much a bag if cement is sold will come frustrate someone who struggled to build a house, many reeks envy.....pls let us name and shame this criminals......imagine the emotional trauma they have put you through......imagine someone who doesn’t have your kind of intuitive mind.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 8:13am On Mar 08
DeepSight:
+
Bad example, 3MB was absolutely central and critical to the entire economy.

Tell me, if we are to progress, to industrialize, what is more important today - power or those roads - roads for which there are already existing routes?

As for the bold, that just shows you up as one of those guys who will defend BAT no matter what. Thats a VERY poor excuse.
And your inferences depicts you as an obi apologist who would criticise anything tinubu does no matter how good.......roads drive development you can deny all you want.....electricity cannot be wholly funded by govt we have lost decades without investments in that sector there is so much wrong with Nigeria's electricity sector that no govt can solve in 4 yrs........any investments now is like a seed going to mature in the future......tinubu has made it clear that private investments is what will drive that sector and govt will do all they can to engender this and that they are doing......i don't support obi but i still commend him for the ojukwu highway he built from head bridge to zik round about,imagine onitsha today without that road.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 8:03am On Mar 08
ironheart:
Are we going to abandon our current road networks that connect towns and villages with thr current businesses that trives around those roads ?
A new road will relief pressure on those old ones and new economic hubs will spring up......an importer than have his container cleared at calabar port or onne and will find it easier to evacuate to lagos or abj because of these kinds of insfrastructure.......lagos to PH to and fro can be done in a day......imagine how much of a boost this will be to the economy.....I am into logistics and we have alot of activities around the lekki axis,we now have quicker,less costly and easier turn around times for delivery because of this new road......imagine the multiplier effect across board......with this road,you can actually be working on ondo state and be commuting from lagos to and fro daily,imagine what this can do to the economy of ondo state......the lekki free zone alone has added billions to the economy of several communities within that corridor that were hitherto moribund before now,i know what eleko was like 20 years ago compared to now.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 7:52am On Mar 08
DeepSight:
+
Forget about Peter Obi. The truth is that we do not need this road at this time, it is nowhere a priority. Especially compared to something like power.

You guys make it sound as if there is no present road to Sokoto from Lagos.
I keep referring to this,when the 3mb was being conceptualised there were many like you who procrastinated and opposed it but look where we are now,imagine lagos without that bridge today..........the problems we have been having with electricity as we had with petrol in the past before full deregulation is the givt interference in that sector, what tinubu is trying to do is attract private capital into that space and let it thrive.....there are do many factors inhibiting this that needs to be tackled......electricity sector has had little to no investment for decades and govt can't do it alone and investments cant also come in because of several factors this govt is trying ti sort.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 7:44am On Mar 08
anonimi:
Yes we can, if we stop hyping the worst rogues in history to high levels of government.

Why did we have low levels of public debt when PDP gave us 16 years of cheap petrol and dollars, based on deregulation and privatisation policies for widespread prosperity huh
Low levels of public debt,are you seriously joking right now? Nigeria has been having a debt conundrum since the 80s and your revenue isn't enough to run a budget.....the debt servicing obligations thats eating all the revenue,was it tinubu that borrowed all that money.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 7:41am On Mar 08
anonimi:
How can we battle insecurity when All Promises Cancelled, APC leaders looters are clueless about creating jobs? Jobs that pay well and keep people too busy to engage in crime.
Since there are no jobs,why are we not all criminals or bandits,why aren't we all idle? You mean there are mo jobs in America,thats why you still have criminals over there?
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 7:38am On Mar 08
kettykin:
please can someone with data explain with out any insults, the cost benefit analysis of this project and why the Govt did not fix the grid first before commencing on roads that have alternatives. is this what Nigeria should be doing now?
Roads are low hanging fruits for the govt to deliver to the people unlike grid issues,it will take Nigeria about 15 years of investments to get electricy right,if tinubu were to be pumping money in there now,it won't be immediately visible and Nigerians for what we are will start crying that nothing is being done......obj threw 16b usd at it but got us nowhere and any visible improvements didn't manifest until after he had left office.......tertiary health care is what falls withing the exclusive list and if govt starts to pump monies into them,there are several people who won't feel affected by it.... but a single road is cutting across several states and communities,this brings better and more effective dividends for the givt to campaign with......If the roads get fixed by this administration,the next govt can focus on other sectors.
TravelRe: Aerial View Of The Ongoing Sokoto–Badagry Super Highway Construction by Lithiumite: 7:29am On Mar 08
yinkus6750:
The master plan for this major highway dates back as far as 1980s.
But unfortunately was abandoned and neglected.
Thank God for this administration.
However, my concern is security issues on this road when completed.
Infrastructures without battling insecurity is a major concern.
Roads bring accessibility and development,terrorists can't operate effectively in opened up spaces,security mobilisation and enforcement is a lot easier and quicker......this road will also help with food security to the south as produce can be evacuated quicker and cheaper......you would begin to see Industrial development along that corridor which will ne to the benefit of the states.
PoliticsRe: Tinubu Inaugurates Committee On Grid Asset Management Company by Lithiumite: 7:22am On Mar 08
DatNiggaDaz:
grin grin

Just because of a committee set up by a bullion van fake certificate holder to loot more money.

Data boiz. This is what being paid sti:"ends is all about.
This looks and feels different,it isn't throwing money at the problem but a well thought out approach to unbundling the operational problems bugging down electricity in nigeria........the major problem if electricity in nigeria is investments......we need to pull capital in that direction and this president seeks to do just that, this isn't like your regular givt kneejerk interventions that just seeks to throw money to get stolen.
RomanceRe: Average Erect Penis Size By Country �- Global Statistics by Lithiumite: 8:21pm On Mar 07
Amotolongbo:
I think the Gbola statistics organisation is correct.

Seeing the Asian girls, with their petit stature, one would know that it won’t be naturally balance having men with long inches. Theory of natural selection and balancing
I now understand why those south Sudanese birth giants.....they grow so tall with their heads raking the clouds.

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