₦airaland Forum

dele1727:


Why always Lagos u say?

Maybe it's because of 23 years of constituency....

Totilopussylick:
I will be willing to help any individuals living in Nigeria that wishes to come to Europe successfully through this wonderful forum.

If your interested, we can talk here

monfizzy:
Wait until you start buying a loaf of bread for #2k by the time wheat prices goes off the roof you’ll understand.

dawnomike:
That ought to have been detached by your vet since nah!!! Now it's too late

Healfastijn:
Daily needs. The heart sickness caused me a lot of medical bills, my body was swollen then, when I couldn't afford the medical bills again, I came here for help and good people helped me.

sheylarhh:
Uefa Europa League

OYENIYIJK:
My GOAT must not play Thursday football

Carparts888:
If your Theory is true then its dangerous

posty56:
but I thought yarinbas is the most sophisticated tribe , how come small rain make their look like yemen

backbencher:
Government used to subsidize locally refined fuel back in the day.

It's why we don't have 4 working NNPC refineries, because subsidies impact on the profit making ability of such refineries and thus their ability to operate and function well..

KazikageSama:
I respect your answer please but I actually think what he's saying does not make sense.
Today, we buy PMS back from imports through marketers because the Gov't is subsidizing the retail price and this subsidy is being paid with Forex.

Imagine if we are refining these products ourselves, then there are 3 major advantages (among many others) over the current process
1. Even though he's arguing that the Gov't is subsidizing the product, this subsidy will be paid internally, to market the product at the same retail price (not to some imaginary marketers but straight to the production firm).
2. We cut the middle man cost (this actually is the main problem and reason why the refineries cannot work), too many people are feeding fat as middlemen in importing PMS. Once refineries start working as they should these guys would lose that bumpy source of income.
3. If we are paying our subsidy internally, we can as well agree to pay with local currency since the main raw material in this case (crude oil) is obtained locally. Imagine what that would do to our foreign reserve and the strain on dollar.


Please also note that this does not stop us from still exporting crude oil to other countries so yes we will still be earning income from the product.

But alas, scratch my answer, this is Nigeria. We do not rule by logic, but it's being ruled in the interest of a few.

backbencher:
On the other hand, we can remove subsidy, and make it profitable for modular refineries to operate.

A modular refinery needs to make a profit to operate, and government setting the price and paying subsidies does not provide the enabling environment for it to operate at a profit.

EXLOVER:
There is always 3 sides to a story, but i don't we will need a third side to this story. Some many people have called out Timaya on social media, calling him all sought of names.




https://www.google.com/amp/s/punchng.com/hit-and-run-i-didnt-abandon-victim-says-timaya/%3famp

lalasticlala:
Kwara youth Corper, Obinna Gabriel shares story about his community development project in Kwara State.



https://twitter.com/GabrielObinna6/status/1499478127902441484?t=PY7E44OEij2CIYUJQbQ9ZA&s=08[/quote]a developer he is

jeff1607:
Anyone with this type of mcard or higher pls mention me

jeff1607:
Anyone with this type of mcard or higher pls mention me

iCauseTrouble:
Funny no African country is saying something. Not even a single African country has a stand on the issue.
Truly, we no get mouth for international politics

wordapostle:
American media house (CNN) is doing the thinking for many people especially Africans, Russia has done nothing compared to what America and UK has been doing for decades with no one condemning them.

Everyone is blaming Putin because America is using the power of media to propagate their sublima messages framing Putin as the evil guy.

If you really follow the news of Russia vs Ukraine from 1997 you will understand the present day happening.

Nevertheless, war may not be the only option for peace.

Rip to the dead
And safe trip back home to our African Brothers and sisters.