₦airaland Forum

Why watch your video when I can just highlight the comment I want to edit and chose whether to copy or edit?

It's the usual format of looking for a scapegoat and chasing shadows to sell the narrative of seriously fighting for the people. The same way Dasuki was arrested and we were all happy only to find out it was just a witchhunt at the end and nothing was found on him. Isn't it ironic that of all the corruption claims of forex racketeering and the whole confusion of the naira swap policy, the DSS are charging him with a wire transfer to Afghanistan
1. Where's Hadi Sirika who commissioned a chartered and packaged airline, that's afta launching a logo for Billions and purchasing fire fighting trucks for over a billion naira each?
2. Where's the June allocation for subsidy? The previous govt budgeted subsidy for the first half of the year to the tune of about 7.8 billion in dollars (let's not even start about how they arrived at that figure despite NNPC and customs embarassing themselves over the actual figure of consumption)
3. How come petrol price was fixed at over 488 per litre when as early as March Melee Kyari on television in front of marketers said the govt pays N209 as subsidy on each litre of petrol to marketers as subsidy for the product. (Do the maths 195 + 209 will give you the cost of petrol after subsidy is removed). Are Nigerians being "codedly" taxed by the new government for petrol?

These are the questions sane Nigerians should be asking but as usual, they will sell the usual narrative of working and sycophants and sentimental Nigerians (who only reason along tribal and religious lines will ignore all these)

I was keenly interested until I got to where you mentioned that he succeeded "performing senator" and that was enough to show that you are writing I'm support of who was replaced and as such the bias is very obvious

The funny thing is that the subsidy payment for this month was allocated and covered in the 2023 budget. The subsidy payment allocation was for the first 6 months of the year, what happened to the money for the 6th month which is June?

You yourself wrote that there was budgetary allocation for subsidy till June 2023. What happened to the budgetary allocation for June 2023 since the govt removed the subsidy at the end of May?

The elections have come and gone and wait and expectations for the handing over left everyone with uncertainty of what the future held for the nation.

We didn't have to wait too long as during the handover ceremony, the new President caught Nigerians unaware with the shocking revelation of "Subsidy is gone, there's no provision for it in this Year's budget"

And by the next day, pump price across the country had been readjusted to reflect the now reality and the NNPC which had erstwhile maintained there weren't plans to increase pump price of the product amidst the scarcity released a template for prices across the country.
The coming days would witness the sad reality of petrol now selling between N488 to N557 a litre across the Federation as most Nigerians groan under the new burden of increased transportation fares and increased cost of running businesses as almost every business in every sphere of life here depends on petrol with the precarious electricity situation in the country.

However, there seems to be some obvious error which Nigerians and the government seem to have ignored. The previous govt signed the 2023 budget into law and clearly indicated that provisions would be made to pay subsidy for the first half of the year only. A critical look at the budget, the various reports and briefings from the govt on the budget and subsidy issue clearly shows that over $7billion was allocated for the payment of subsidy for the first half of the year. That's about $1.2billion a month for 6 months. The first half of the year is clearly from January to June but somehow the incoming govt claims there was no provision for subsidy payment in the budget it met. Did the new President make an obvious error? What happened to the subsidy allocation for the month of June now that the removal came into effect at the end of May? These are the many questions Nigerians should be asking. As for the NNPC, there's a whole lot it needs to explain to Nigerians top of which is how and who they paid subsidy claims to since they've been the sole importers of Petroleum into the country since 2016 and have not remitted a dime into the Federation account for majority of last year.
Concerned Nigerian...

Nlfpmod

Abeg na lie.. He's just the fall guy. Did he appoint himself? Was he not answerable to his boss the President? What about the Minister of Aviation who bought fire trucks for 12 billions and scammed the nation multiple times? Was Emefiele the one in charge when Buhari first changed naira notes?

Omo the number and kind of luxury cars the EFCC drove out of that estate afta the raid is something else. Seriously fraud is here to stay because the punishment isn't enough to dissuade them and any kind of wealth questionable or not is celebrated in the society

Idan of Religiosity and bigotry affairs have spoken.. Hear him, hear him

The elections have come and gone and wait and expectations for the handing over left everyone with uncertainty of what the future held for the nation.

We didn't have to wait too long as during the handover ceremony, the new President caught Nigerians unaware with the shocking revelation of "Subsidy is gone, there's no provision for it in this Year's budget"

And by the next day, pump price across the country had been readjusted to reflect the now reality and the NNPC which had erstwhile maintained there weren't plans to increase pump price of the product amidst the scarcity released a template for prices across the country.
The coming days would witness the sad reality of petrol now selling between N488 to N557 a litre across the Federation as most Nigerians groan under the new burden of increased transportation fares and increased cost of running businesses as almost every business in every sphere of life here depends on petrol with the precarious electricity situation in the country.

However, there seems to be some obvious error which Nigerians and the government seem to have ignored. The previous govt signed the 2023 budget into law and clearly indicated that provisions would be made to pay subsidy for the first half of the year only. A critical look at the budget, the various reports and briefings from the govt on the budget and subsidy issue clearly shows that over $7billion was allocated for the payment of subsidy for the first half of the year. That's about $1.2billion a month for 6 months. The first half of the year is clearly from January to June but somehow the incoming govt claims there was no provision for subsidy payment in the budget it met. Did the new President make an obvious error? What happened to the subsidy allocation for the month of June now that the removal came into effect at the end of May? These are the many questions Nigerians should be asking. As for the NNPC, there's a whole lot it needs to explain to Nigerians top of which is how and who they paid subsidy claims to since they've been the sole importers of Petroleum into the country since 2016 and have not remitted a dime into the Federation account for majority of last year.
Concerned Nigerian...

Nlfpmod

You dey mind them.. They are all playing out a script to show Nigerians they mean well. Where's Hadi Sirika? Where's the former Minister of Finance? Buhari give his approval to all their dealings and policies and didn't fire them despite public outcry.

Ologundudu2020:
You had better be joking on this lool

Ebubu2:
Buhari better orders them to reverse it.

Binance Futures Trading is one of the fewest ways Nigerian youths make money online now and it’s totally not equal to Yahoo Yahoo.

Normally, every Trader is aware of the Risks so stop heating the Policy unnecessarily.

Did you people read the report at all?? BINANCE trading app is different from Binance Nigeria Limited. There's only 1 binance trading platform and this one clearly isn't it. I'm certain. It was registered b mischievous persons yo defraud Nigerians

Vh

It's a normal thing with most state governments. They strip the Governor's lodge and house of vehicles, electronics, and even upholstery

Fr

Them don settle dis one

Last year when the govt imported bad petrol into this country, they claimed they were setting up infrastructure to c9nvert vehicles to use gas. Please what happened to that arrangement?

SmartPolician:
It will make perfect sense and our legislature should be included. Those senators and HoR members earn mind-blowing salaries for making speeches and saying "Aye" and "Nay"

Here's the problem, they won't include the political class

I'll wait for an official announcement before I comment

dapadawee:
On the contrary. The barracks is always a soft target because everyone must have gone for duty and the children gone to school. Always a quiet place most especially the ones with multiple entrance

Then you don't know a typical barracks. Fear no go even allow u think am

Super story. You are only loyal to who put you there and they are only loyal to their pockets

sanya4good:
NNPC isn't the oil companies that mine the crude oil, with the direct sale direct purchase agreement with refineries abroad NNPC must pay the OICs and the refineries. But when the amount to be paid is more than what NNPC makes from local sales of petrol then subsidy comes in.

So the subsidy is paid to these OICs and refineries for the volume of petrol it brings in ryt?? The question now is, who are those marketers NNPC claims it is paying subsidy to??

There's a whole lot that hasn't made sense ever since this thieves started talking about removing subsidy. NNPC have been the sole importers of petrol into this country since 2016 after the last administration came in. So who are they paying subsidy claims to? Remember the last President was the Minister of Petroleum and sat over those transactions and details which is strangely why subsidy payment multiplied in their tenure. Now instead of auditing the NNPC and carrying out forensic analysis to purge the rot from the system and sanitize the industry, they chose to end the subsidy payment schedule agta settling themselves for the past 8 years. And to make matters even worse, they paid for 20% stake in a private Refinery while the state owned refineries have been left to rot

It takes the child of an officer or a resident of the barracks to attempt stealing in a barracks

Typical African mentality.. Religion has made us morons

Is this temporary or permanent because there's no way it is sustainable on the long run

Acekidc4:
Why will a Private Sector want to go on Strike?? Are they Playing!!

I hope you also remembered bus drivers in lagos decided to do same sometime ago until the state govt intervened

Acekidc4:
Why will a Private Sector want to go on Strike?? Are they Playing!!

It is within their rights to go and strike na. Bread makers and bakeries go on strike. Satchet water makers go on strike. They have a right to decide to if they see their interests are no longer covered. Sustaining the strike is an issue for another day

Hahahahahahahaha.. See confusion. So Wagner that is doing the actual fighting are denying the reports of the Russians they are fighting the way for lol

Acekidc4:
Who send their Papa??Who know Them?? If Dem like make Dem Strike, na Hunger go kill all of them.

Lolzz.. Seriously some of you are funny.. I'm sure the next thing you will do is accuse them of being obedients.

Most of these young "Billionaires" are actually fraudsters fronting as Tech entrepreneurs