₦airaland Forum

SocialJustice:
These things had to be done at some point and Tinubu is the leader that effected it.

Government can not continue defending the naira with virtually all our dollar income and subsidising petrol for most of west Africa.

In case you didn't notice, N1trn was saved at the last FAAC and N907bn shared.

Hold your governor and council chairman responsible for palliatives put in place. Wise governors are already rolling out cheap public transit.

Tinubu also created a massive eV transport market that nobody is seeing because everyone is busy complaining.

Wise entrepreneurs will focus on meeting the tremendous market gap and cash out in billions of dollars while the rest of you complain.

If you don't know what true free market and capitalism is, Nigeria is finally getting there.

afesco:
Pls, where in Benin City can it be done because I will like to do mine?

Ruggedpen:
but to convert it is not hard all those CNG station in Benin do it for free, but I used to hear that it has an effect on engine life

Strong indication emerged Wednesday evening that President Bola Tinubu is looking towards a former Kano governor, Abdullahi Ganduje as a suitable replacement for the position of erstwhile national chairman of the All Progressive Congress, APC, Senator Abdullahi Adamu.

Consequently, Vanguard gathered that Ganduaje’s name has been dropped from Tinubu’s list of ministerial nominees

Bbdot:
But I logged in successfully in to my n power portal this night, I don't know why you people always come up with fake news or negative news about government

HIGHESTPOPORI:
Benin is the headquarter of Obidients

bigtt76:
Oya naaa ...werey

antoniojerry:
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leetech:
Jodee pharmacy upper iweka Onitsha, Anambra state

bigtt76:
You wan fok your peek nor de stand?

Freshtruth:
Tinunbu wise gun Nigerians done forget say obi case dey wan place with wetin dem dey see

This Tinubu sense no go kill am

Freshtruth:
Tinunbu wise gun Nigerians done forget say obi case dey wan place with wetin dem dey see

This Tinubu sense no go kill am

nairalanda1:
If we fix the refineries, it won't make fuel cheap.

It costs money to make a liter of fuel. A lot. Niger and Ghana both have working refineries...and fuel is at least N490 in both countries...because they have to pay for the running of the refinery and the upgrades, and workers salaries and wages, as well as transport costs from refinery to end user. And let's not forget....refineries use imported material. We don't make most of the essential components or spare parts here in Nigeria. Or in any of our neigh bours.

Our only hope...maybe all the 16 licenced refinery owners who haven't started anything should get to work now that subsidy removal has removed any excuse for them not to do anything...and maybe prices would come down, but not to the point where we would be paying 50 kobo for a liter of fuel as our forefathers did back in the 1980's.

Ireportlive:




Lol VAT on cormercial and essential commodity.

You must be very dumb to believe such

To increase or reduce VAT NASS and Legislature must meet


.

Hafeez5000:
graduated from a chinese university 2years ago

I left china and Came back to Nigeria

I enrolled in nysc and did that successfully

Am currently unemployed and not looking for job

Why because a job is a prison that keeps you away from your dream

And as for me I want to be free

Epistasis:
Why won't the policies look unplanned to you. When he was dishing out his policies before the election, you were more interested in bala blu. He released a 80 page document titled RENEWED HOPE where he clearly illustrated his economic blueprint.
I am not surprised a bit... coming from an obidaft!

Zxcvbnmghtr:
They are all little children. They want to see akrakacabra magic to happen.

nairalanda1:
On fuel subsidy removal....the fact is, we had reached a point where we were borrowing to pay for the thing, government had reached a point where it was owing NNPC the main importer, and the fact that Dangote's refinery is near completion (not quite..mind you) meant that subsidy had to go.

If we did not remove subsidy now, we would have been in serious trobule in a few years time.

How is subsidy damaging? Let's assume fuel cost N65 at the pump today as it did in 2011. In 2011 december, landing cost of fuel was N99...meaning we paid a subsdy of at least N34 per liter. If we kept fuel at N65 at the pump....we would have been paying subsidy of at least N475 per liter by now.

Now add up increases in consumption from 2011-date, take into consideration that from 2014-2021, oil prices were too low to sustain us, to the point that we had to borrow money (and even when they were above 100 dollars, we had to borrow...between 2011-2014, and even after 2021.).....and we could have been in an even worse debt than we are now.

As for the exchange rate...well, jury is still out. I agree it would affect our economy well well....especially since it is import dependent...even our manufacturing industry is dependent on imports. Unless we have to do import subsitution fast....things would get expensive. On the other hand, keeping an artifical official exchange rate, alongside a parallel market for decades is where we got things like roundtripping among other issues. All in all...if we want a strong currency...we have to earn more dollars , more hard currency...which means more manufacturing.

Dapson73:
He's more valuable and useful for APC to remain in PDP and work within the latter for victory of APC anytime , anywhere.

So, let him remain there jejely.

jmoore:
Write to NERC.

okeysoninv:
Why not buy prepaid meter

mightyhazell:
Great Igbo values..


Igbos are ppl with high societal ,moral and religious values..


Igbo amaka..




A kind of anthem should be woven around this phrase up there and sung(quoted) from time to time on nairaland here,because igbos are the most popular and with most users here on nairaland...


Igbo amaka..