₦airaland Forum

nairalanda1:
We don't have electricity and petrol because we sell them below the market price, in the name of subsidy, and have been doing so since the 1970's.

The first warning signs were when we had fuel queues in 1976, and power cuts from 1978.

But since we 'had to help the poor' we continued.

The result...the power and petroleum sector depreciated because there wasn't enough profit in the system to fix and upgrade and maintain things at the same time.

Right now, power for most people is charged below the production cost of N160-170 per kwh, except for Band A people who pay N209 and above, and even then, government is planning to subsidise universites and hospitals on band A. Add the fact that band A people make up 20% of the customer base of our electriciity sector

Meaning our power sector loses money. ANd here is the scary thing, before the BAND A price increase , everyone paid below the production cost of a kwh of power. EVERYONE.

I haven't even mentioned things like massive power theft , among other things. And then the corruption which arises in part because since we don't pay the discos and gencos decent money, their workers supplement their income by bribes and so forth...including ilelgal conncections.

The result is the power sector has been operating at a chronic loss for decades...even now, government owes the sector N2 trn or more in unpaid subsidy costs. Let's not even talk about the debt owed by Nigerians.


Compare with the GSM sector who at least have some control over price setting....tell me, when was the last time you bribed an MTN worker to connect you to the network when your airtime ran dry?

Sell at a loss, operate at a loss. Feed a child one egg and two grains of rice a day, dont complain when the same child scores minus 40 in his end of term examinations.

You run something at a loss, issues start.

You got it 95% wrong. I am just being gentle with your assertions. The only thing that you said and that is applicable to the private sector is not selling things on loss.

However, you are TOTALLY wrong in regards to the government. Do you know what they call tax? Have you ever thought about that? Subsidy is done globally by every sane government to alleviate and make things easier for her citizenry.

The government also tax and you think Government should tax and shouldn't subsidized? Try to weigh words, actions and deeds before your final submission. It will help you a lot.

Now, in Nigeria case, the subsidy is even fraudulent because there is no subsidy in the first place. Can NNPC furnished us with cost and other logistics that made the petrol landing cost above 20cent? Nigeria is a fraudulent place. We don't refined our crude in Europe or America. We do that in a poorer countries and were able to produce cheap. NNPC claims to always import from Europe but can they show us prove? If that is true, why must they refined in Europe or richer countries? What happened to Libya, India and many other where they can refine cheaper and reduce landing cost?

NNPC and the Nigerian government are scammers that should be dealt with

Yourprick:
https://www.thecable.ng/nnpc-we-are-selling-petrol-at-half-the-landing-cost-but-it-is-not-subsidy/amp/

Can they shed more light on the landing cost? Where are they getting the pms, shipment and other logistics?

Mr. NNPC, I put it to you that the landing cost is below #320 ($.20) 20 cents. Prove us wrong

youngsahito:
No peace for any corrupt Inec officials.

Ha! Did you know him? Death is a must for everyone. Be very careful of what you say to people. I pray God forgives you

MrBrownJay1:
I will simply explain to her that the reason we are going on a date is to get to know each other, and the little i was gonna spend on that date (aka drink/snack or chop something) is for her to be comfortable as we get to know one another and discuss life and see if i want to see her again (or not) etc.... if she solely came to that date because of hunger (with stomach making hungry noise) and she is only looking to get out of there with my money so that she can go feed her family, then whats the point of her coming to the date (apart from my money)?! she is missing the whole point about what "A DATE" is.

i would just say:"HELL THE FUKC NO!" then get up and walk away!

You would have preferred she lied, took a sip and act as if everything was normal with her? I won't hire you as a staff or do any business with you as a partner. You obviously can't reason beyond your present situation and would likely be someone who is not flexible. Be honest with yourself. Have you been a good worker or a manager? Just be honest

Hotspurs:
no for real..what do you mean,prove me wrong...where are homeless people putting their tent in naija

You are right

Ttalk:
Take your life swear if you get less

The idiot is not denying. He said; “Thus the money referred to by Senator Kawu Sumaila is neither his salary nor personal allowance.

‘It’s for the daily running of offices by Senators and other attached statutory officials. It equally provides funds for Constituency office staff. It is also for oversight functions and community engagements.

These Nigerian politicians thinks maybe Nigerians are goats or just trees who can't reason. These are the people Nigerians should fight. Visit and Destro their homes and offices. Call for immediate review of making their offices less attractive. Many Nigerians will come out and all these politicians will easily be captured because they are totally useless. It is even their orderlies that will be the first people to beat them.

GreenCovering:
1 kg alone is 79K in USD!
Money laundering gone wrong at the stage of placement.

Good of you.
You nailed it.

InfoGuru118:
The Nigeria Customs Service has announced guidelines for the implementation of a 150-day tariff waiver on selected staple foods.



https://news360ng.com/customs-launches-guidelines-for-free-import-on-food-items-full-list/

Customs have started again with wayo. Which one is, "husked brown rice"? Why not dehusked rice? Yes, we know that it is, husked *brown* rice but average Nigerian customs are illiterate and touts. They might attack the grain if the rice is not brown and called it polished rice. Polished rice is also dehusked but more processed than just, *husked brown rice*.

Customs are wild, devilish and street smart. The government should please look into that and make corrections. Customs are just trying to be smart here.

Secondly, what is all this bullshit about the need for importers to own a milling plant with a capacity of at least 100 tons per day, operate for at least four years and have enough farmland for cultivation? 100tons/pay is approximately 2000 bags (50kg) production per day. If we truly have mills that are already producing 2000 bags per day, do we need to import again? What sick country is this?

Freebills12:
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Look at what this fool is saying? How many governors has EFCC block their account? How many governors has FG withhold their money? What is the duty of court when a governor feels that FG is impeding on his right? All these trash for Tinibu...story

Sadly you were both poorly raised and an illiterate.

So it was the presidency that influenced the blocking of those governor's account by the EFCC? Secondly, FG withholding governor's money? Do you mean governor's salaries or state allocation or what?

Lumarstone:
"...Tinubu should temporarily dissolve and house arrest all NNPC management responsible for PMS import and set up a responsible committee to handle few imports of PMS..."

How on earth do you think that Tinubu should effect the arrest of people working for him. You should know that the president is aware of All the happenings at NNPCL. Tinubu is some how a direct beneficiary of our wows.

...because what could have been the explanation? You are absolutely right

Sapasenator:
You are a smart guy. I once had a Nigerian lady came to my office, she was wearing Gucci clothes, bag, shoe, cap and glasses. She was looking rich and exotic but looking on the account, she was always living on overdraft from hand to mouth.

I had lots of Ethiopians and Eritreans who do menial jobs with about $40,000 r more savings in ther accounts even with cleaning jobs.
They have learned to live below their means, save and not try to impress anyone.

You are not what you think you are. Infact you are absolutely way below where you place yourself. Goodluck

I have watched with interest and confusion how IPMAN has graduated into becoming the mouthpiece of NNPC.

One sad thing I discovered about Nigerians is their inability to think. They use their mouth, throat and stomach to think and make decisions about their eternity. After their woes, they result to blaming each other. What an interestingly confused humans.

IPMAN are the not the importer of PMS in Nigeria. How they are now become more familiar with landing cost of PMS than the importers makes me wonder and sometimes laughs at the folly of this country.

Subsidy:
1. What is the ex:refinery prices of PMS in Libya, USA and Netherlands? I know NNPC who are the sole importer of PMS, *claims* to always import from two (2) out of the three (3) countries I mentioned above.

2. How did NNPC sometimes get their PMS stock? Is it by providing crude oil to these foreign refineries and getting refined gas as exchange or by just negotiating and buying without giving them any crude oil? If there is an exchange, how is it being calculated?

3. Why do NNPC prefer to refine in rich countries who has robust manpower wages than refining in poorer countries with less manpower wages thereby saving cost?

4. Why making landing cost only known to IPMAN? Why can't it be published by NNPC so as to make everything transparent?

Tinubu should temporarily dissolve and house arrest all NNPC management responsible for PMS import and set up a responsible committee to handle few imports of PMS. They should explore refineries in India, Libya, EU and the US. Check cost of import, due diligence and shipments. Work with any responsible certifying agency to check quality of product. Let the committee first determines if there is anything called subsidy in the first place.

Nigerians should learn how to fight!!!


Thank you.

Rakunmi

Freebills12:
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For your mind you are intelligent? Who is the commander in-chief of arm forces? Who commands EFCC? What are the works of EFCC? Indeed who old are you?

Don't glorify stupidity. So, as a commander of the chief of armed forces, he should be dictating as a military government? So, because he is the commander, he should bombard the state and declare state of emergency because the governor stole the rice palliative? Who commands EFCC? You are extremely daft.

ogododo:
https://www.vanguardngr.com/2024/08/dangote-refinery-usa-spain-france-south-korea-singapore-others-make-top-10-importers/

Because they will get it cheap.

It is a clear logic.

Nigeria is just full of thieves

PlanetZero:
Don't you get. When leadership is turf and few head roles in situations like this. New appointees will sit up. But once they know they would get away with it. It is business as usual. It still boils down to leadership. Take a clue from other countries

Do you understand the word democracy? How old are you people in the first place? Are you still in primary school because I won't expect a secondary drop out to reason like this? What a childish submission

Freebills12:
[color=#000099][/color]

Guy don't to go there? If I give you something to give to somebody won't I make sure that the person gets my package? Tinibu has a chunk of blame... Verifying whether those poor ones in their social register that they spent #3billion to verify, whether they received the palliatives.

Wouldn't have answered you but your response will make you to ask how old are you? Who controls the state? So, the presidency will still monitor what the governor does in his states? Why is he now the governor? Why is your response so childish?

Lovenorth:
We must blame Tinubu for removing subsidy and transferring our fortune in the hands of his fellow useless politicians, if the subsidy is there, no need of any food disributions, citizens benefit directly

There is no subsidy anywhere it is still the cabals playing games. Where is NNPC getting their fuel from? Europe? Nah, that is a lie.

NNPC always gets cheap fuel while they now inflate figures and tell Nigerians they got it high. Dangote knew about it and was supposed to sell fuel less than 200/ltr but since NNPC are already claiming they buy high, that was the reason he also wanted to sell high. (Reason both of them are at logger heads).

Only if Nigeria can issue out different license for people to import fuel by themselves and give everyone autonomy to dictate price without joining any useless union. I guarantee you fuel will be sold at less than #200/ltr

Tinubu and every other Nigerian politicians are not yet ready for governance.

However, in this situation, you can't blame tinubu for the rice. Thank you

Islie:
https://saharareporters.com/2024/07/27/bags-rice-donated-tinubu-government-repackaged-kogi-sold-out-residents

Now, who do we blame? Tinubu or these useless governors or idiots citizens who delights in causing harm to their neighbors?

All Nigerian politicians will definitely be reserved for another hell. I am not sure they deserve the normal hell

Afonjah:
Will Yorubas join the protest since hunger has reduced them to kidnapping, cannibalism and drug peddling or do they just love suffering & hunger?

Who birth you? Why disturbing the space?

Will Labour join the protest by also sitting at home and showing solidarity or they've gotten their own cake and no need to support?

Nigeria!!!

BeeBeeOoh:
https://punchng.com/tinubu-approves-n50000-grant-n155bn-food-package-for-households/

#50k each for 100,000 families Tiny must be an idiot to sign that. How will they choose those families? Yes, provision of food for each state is still okay if it is going to be monitored.

This is rubbish. Divert the 155B to hasten up the refineries production for cheaper fuel would have been better. How will the 100,000 families per state will be determined? Tinubu is an idiot

brain54:
Religion is complex and a sensitive issue to many people...

Just because someone practices a different religion from yours doesn't make it diabolic. Imagine the guy asking her if it's Bible or Koran. So as it's not it makes it diabolical.

African traditions and religions have existed a long time before the arrival of the white man and his religion.

Except she was putting something directly into the food she was selling to the public then people should be free to practice their faith and believe systems and what works for them.

Last I checked there exists freedom of worship as enshrined in the constitution.

Except she is putting things directly into the food she sells then she should be left alone to practice what she believes.

No difference between her and another who sprays anointing oil/holy water in their shop or yet another who scribbles passages from a "holy book" mixes it with whatever and applies it to the shop with the same intent as the woman.

I had to repeat the last but one paragraph for emphasis because I know some people will still misunderstand what I am saying!

Thank you

pocohantas:
Use smart TV they say,
Only mumu dey use DSTV.

Change the quality settings. If she watches through YouTube, change the quality to 360.. it will still be crystal clear but not as clear at 460+... On Netflix restrict heavy data usage by opting for lower quality... All these 360 quality still looks better or at par with most of these decoders.

maasoap:
Changing of environment, period. When you get out of Nigeria and moved to a place where they're a bit civilised, you will realise that prayers and curses are nothing but waste of time, energy and saliva. Only few of us who are still in Nigeria understand this.

You are lying

uche87:
Osahon George Osayimwen is a UK-based journalist.

I think the reverse is always the case. Yes, they seems to pray less because in reality, they don't know how to pray in the first place. Shouting unnecessarily reduces and when shout is being removed in an averag Nigerian prayer, they hardly know what to say.

I think they are even more religious when they get there but now in a more focused way.

That car is too cheap for #2M. Raise am! Raise am!! Raise am!!!

Honestly, I don't think this sector has a moderator Funny people everywhere

How can we support this movement? Honestly, MTN needs to be dealt with

femicyrus:
What about the Inflation that came before the demand?
I bet your brain didn't process that.
It is called dumbness!

Very good question. That is what labour should fight and come to terms with the government. The major one being fuel price. That skyrocketed many items. What should the government do and what time are they giving to take it back to previous price.

Now labour caring less about that shows that any amount they are now requesting won't serve the needed purpose, it will only crumble the economy and creates hyperinflation because everybody will also wants a share. The government won't bother yo make things go down while the citizens who are now civil servants will double their fee. Gradually the economy will become useless and everything will go south.

You can see how the labour union are selfish and lack focus? The high cost of items need to be discussed first. If not, things will go south.

Hope you can process this simple term now?

femicyrus:
Still no solution
What an embarrassment!

Labour is making demands that will make life easier for workers
This dumb has nothing to demand as solution to his problems except jealousy and bad belle against labour.

Do you understand yourself? Labour is making demands that will ruin you and create hyperinflation. Most of you guys are dumb. It's obvious

kingzjay:
And in the same country, it is fair enough for a senator to go back home with 29+million every month just for saying hi and nah at least 3 or less times a month.....



Ridiculous indeed!!!

That is what we should all fight against.

yommen:
...

South Africa hourly minimum wage is 27 Rand. 1 Rand is N81 which amounts to N2,187 per hour. 8 hours daily gives you N17, 500 basically. You get more if you work longer. 17,500 in 20 working days is N350,000.

Basic salary of a Nigerian senator is N2.4m monthly. That's basic you know. Total package is N29,000,000 monthly. MONTHLY.

Dont you think you need to make some little background checks before you talk? Secondly, don't you think you need to look at things holistically before you talk? Thirdly, don't you think you need to be considerate when 6ou talk?

How much is a room self contain in South Africa? Let's leave Gas, Electricity and the rest for now. Let's focus first on accomodation.

femicyrus:
Still no solution!
Still dumb

Solution to your folly? Who is this one? What an embarrassment