₦airaland Forum

lexy2014:
I think it used to be. I remember entering train from Kano to Zaria by train. It was about 3 times cheaper than bus. Maybe things have changed especially considering d investment in d new infrastructure

Those old version narrow gauge slow trains may have been cheaper than buses because the NRC probably fixed a low/subsidised price, but that doesnt mean rail passenger transportation is 'generally cheaper' than road transport around the world.

Tenshades:
It's cheaper...this government is just trying to milk the masses dry by all means.

I have boarded train from Osogbo to Minna with #800 before it was later raised to #1,200 in 2015.

I'm sure you know airline or road transport companies won't collect #800 or #1,200 from you to take you from Osogbo to Minna.

NRC may have charged you N800 from Osogbo to Minna in 2015 in those old school narrow gauge extremely slow trains, but that doesn't automatically mean that rail passenger transport is cheaper than road transport globally; not especially with the more modern higher speed trains.

etibaba:
With the way you quoted him people Will feel you know better, Just do your findings cos Rail transportation is cheaper than road shikena.

Like I said before, kindly point out the place where rail is cheaper than road for passenger transportation (not freight); it's a very simple question that has the capacity to educate us both.

Coldie:
To some extent he has some truth in what he said.

When abuja kaduna train started it wasn't this expensive, till now it's not this expensive. How come this one is more expensive.

If it started of being this expensive imagine how expensive it will be in the next wave of increment

Did you read the report before saying the bolded?

CeterisXVII:
It is often cheaper because in other countries petrol is not subsidised like it is done here, so fuel costs are high, which in variable leads to higher transport costs.

It also costs money to go through tolled roads and parking fees also apply in many areas.

At the end of the day, it becomes cheaper to go by rail. Especially if it is a long distance journey.

Please can you give any specific examples? Examples of countries or routes where train is cheaper than road.

Lamasta:
I don't think Amaechi the transport minister have any idea that lagos to ibadan by bus is 1k or less self while train that is suppose to be the cheapest means of transport is 3k

May be him and his chinese brothers will board the train sha

Where exactly did Nigerians get this weird idea from that trains are supposed to be cheaper than road?

rejoice4eva:
The last time I checked, railway transportation is cheaper than road transport. Why is everything in this nation seems lopsided and upside-down

Railway, cheaper than road? Please where in the world did you see that?

akinreals:
Make una continue u hear, Ibadan bus from Berger is 500naira, train 3k to 6k, una go sell una hear

Then catch the bus... Life isnt that complicated.

Pierocash:
Which family will have pastor Paul Enenche and won't be blessed. What a blessed family.

I always suspect that major Gen Enenche is related to Paul Enenche

Of course they are...

Mayng01:
The video is authentic, but that particular photo is still a doctored one

Of course it was superimposed and that's what the report just confirmed. But the big question I've been thinking since the noise about that photo started was, "if it's edited, and so what?" Nigerians just like to bother themselves and make a fuss over irrelevance.

wingmanIII:
Very incoherent. Sounds like the guy is having a mental breakdown

You just spoke my mind, sounds like depression. The incoherence of his speech and the irrelevance of the rant don't add up to anything reasonable. The fellow needs help.

Fahdiga:
NGpatriot you are a shameless crumb eater. at this rate you will even defend the devil claiming he didn't offend God and that it was God that lied against the devil. you have my pity

Since when has it become a virtue to spread false/misleading information? And when has it become a crime to clarify false info? Even after clarification, you still desperately insist on believing and spreading misleading info?

I swear, a lot of Nigerians need urgent mental evaluation.

TriCee:
Lol, a very valid suggestion though. But coming from the wrong person.
Oby is either bittered or trying to right her wrongs.

Obakoolex:
I don't know if you people have never made any mistake and try to fix back....some people that supported buhari has now realized their mistakes and trying there possible best to fix things back, so either let them try or hush please

What wrong or mistake did Oby make exactly by calling out the then president to do something about bokoharam and the over 200 kidnapped girls?

Its obvious a lot of Nigerians actually need this mental health evaluation, not just Buhari.

RenaissanceGuy:
Let's not be emotional about this. Yakubu Gowon was in Ethiopia attending a meeting when he was overthrown. So how did he then move half of CBN? Did he come back to Nigeria to tell the new military govt to give him half of the CBN treasury? Impossible Bring up your own "superior" logic. The guy said the man left Nigeria with half of CBN money. Actually, Gowon went to the UK from Ethiopia after he learned of his ouster. So it doesn't add up.

"How could Abacha have stolen half of the CBN when he actually died? Did he move the money from the grave?.. it doesnt add up"

The above is exactly how watery your defense sounds...

Where and how exactly did you arrive at this conclusion that it was AFTER he was overthrown that he moved the money? I've seen someone else on facebook come up with this very illogical argument you put up here and I wonder where your picked this from.

When a leader is corruptly saving funds for the rainy day, why exactly do you think the leader would foolishly wait until the rainy day before moving the funds?

I'll go with Obi. His financial prudence is something we could use in Aso Rock for once.

Agbegbaorogboye:
Exactly. You get it now. The bias for everything north in this govt is too loud and clear. They want to reduce import duty on foreign cars so as to kill the local auto market which is southern dominated and also kill the Benin port while opening the border for Niger to bring its fuel into Nigeria. Samw Niger that housed Boko Haram

Mind you Niger sells fuel at N350 per liter. So how exactly will the fuel be sold at N170 in Nigeria. Can you see the rigmarole? Look very well and you will see where dis is going to

Now I get your message clearer; the govt importing petrol from the northern border is the bone of contention.... You even have a specific problem with Niger cos they house bokoharam. Then you imply that the Nigerian govt is being stupid for importing petrol to be used in northern border towns from a closeby Niger refinery instead of Lagos seaport; youre sure tribalism and favouritism for the north is the reason behind that decision.

Thank you for letting me know how confused you are. Obviously the bitterness on this thread isnt even about anything rational or reasonable, rather it's all about hate and bigotry against the north. Thanks for letting me know so I can bounce off this useless thread.

Agbegbaorogboye:
No sir. We are saying the Federal Government of Nigeria should exist for the benefit of Nigerians not for the benefit of a particular ethnic group. Same stock can use the border to export their cement and now import their fuel with some hidden benefits while the other stock can die of hunger at the border communities like the South West kings pointed out last week

So Nigeria importing petrol from Lagos ports and trucking it down to the north makes you feel better than Nigeria just conveniently getting the petrol to be consumed in northern border towns from Niger? In your understanding, it is tribal favouritism for govt to get petrol stock for northern border towns from Niger instead of Lagos? Wow! I think I get your message clearer.

Agbegbaorogboye:
Keep quiet and stop pandering to emotions.
Nigeria has been importing fuel from Niger before now. It's not a new thing. The reason this is on the front burner is because the closed border means products from Niger can't come in. So, this is like opening a special window for Niger to import its fuel to Nigeria. Just like border was opened for Dangote.
Same border that was accused of being the smuggling route o.
I hope you can see the bigotry and clannishness embedded in this stupid decision

Okay so the problem now is that Nigerian government is importing fuel from Niger when the border is closed for ordinary Nigerian citizens to import anything?

You're saying your problem and the problem of the hordes of bitter people on this thread is that the Nigerian Government shouldnt be bringing in fuel through land borders? That is what the bone of contention is on this thread?

backnbeta:
The"whatever reason" why they are empowering Niger is not farfetched- it's a case of tribe and Country of Origin over 'Country of Residence'

Nigeria for the past 21 years has been importing petrol largely from the Netherlands and from Belgium, shipping billions upon billions of dollars every year to white countries, but we dont seem to have any problem with that. But now the govt chose to also buy a little fraction from a fellow black African country and all hell is let loose... Just imagine the sheer number of people opposed to this on this thread, not to talk of the countless herd on facebook.

@backnbeta
You call it "empowering Niger"? You dont have a problem that we're empowering Spain, Belgium, the Netherlands, but you hate the idea of patronising Niger?

We blacks still have a very bleeped up slave mentality still creeping through our heads but we dont know it; this self hate mentality explains why Africa will continue to be a shithole continent.

chinchum:
Good questions that should force critical reasoning.

If we are already importing refined oil from outside Nigeria, then what could be the hullabaloo about importing from Niger?

I think the complain should be why we are importing refined oil , it is not the stupid pride or hate filled statements i see flying around.

Niger refines 20,000 barrels of oil and only needs 5,000 barrels. Nigeria needs about 400,000 barrels per day.

You just spoke my mind 100%.... The people lamenting dont seem to have a problem with Nigeria importing refined products, rather their problem is why it has to be from Niger... If Nigeria can import petrol from South America or Europe or Asia with the more expensive logistic costs, why cant we import from Niger if they have the products we need? You said it all, it's stupid pride!

Angelfrost:
So, whose fault is it that between 2015 and 2019 no meaningful effort was made to revive an ailing economy, or at the very least further amplify an already upward economy left by GEJ??!

Whose fault that no effort was made to, at the very least, half the bloated and unreasonable cost of governance in the face of a declining oil revenue??!

Any time one opens and breezes through threads like this, the level of misinformation which people revel in just chases one away.

Between 2015 and 2019, the recession was caused by the sudden drop in oil prices and oil revenue; over 90% of Nigeria's revenue comes from oil. To correct that misinformation you've been fed with, Nigeria's economy was not upward by the time Goodluck left; the drop in oil prices started from late 2014, as at May 2015 when GEJ left, despite the fact that oil was even still at $65, Nigeria's upward economy as you put it had nosedived; the GDP growth rate which was sailing between 6-7% (which placed Nigeria in the league of fastest growing economies) had crashed to 2.3% by the time GEJ handed over. Despite the fact that over $10bn in the foreign reserves was drawn to defend the Naira at the time, the Naira dropped in value from N160 to N230 by the time GEJ left. Of course with nothing left in reserves to defend the Naira with, and with the oil price drop worsening to $28 in the coming months, only economic ignoramuses or just political analysts believe Nigeria went into recession in 2016 exclusively because of a change of president.

Similarly in 2020, with the pandemic and with almost all economies of the world dropping into recession and with the demand for oil dropping proportionately, only ignoramuses again believe the recession of 2020 in Nigeria should have only a political explanation.

Has the leadership of the country handled anything well since 2015? the answer is obviously NO, but it would be useful if Nigerians stopped ignorantly ascribing everything to politics.

I find it utterly bizarre that there are actually humans doubting if anyone was shot or killed at Lekki.

odiks:
https://www.channelstv.com/2020/11/17/my-only-sin-in-pdp-is-that-i-refused-to-castigate-buhari-umahi/

Politicians always use similar decietful lines, but then, all is acceptable in politics. The last time I checked, Ikpeazu, Obiano, Ugwuanyi, Okowa, Dickson/Diri, Udom, Ayade have never castigated Buhari, and I dont think anyone's making their lives miserable for it.

NaijaMutant:
When the price of crude oil was as high as $100 per barrel the price of fuel was not up to #100 per litre.

Why am I even condescending to respond to you, seeing you're of the same zombified clique

Huh? Did you just say 'condescending' and then proceed to insult me simply because I explained the link between pump price, crude price and the covid vaccine?

You actually think you sound smart when you insult people? Remember, a zombie with a functional brain and basic intelligence is 1000 times better than a person who brags about being sensible but actually has brain power of a toddler...

When price of a barrel of crude was $100, Nigeria was subsidizing, that's why you bought fuel for less than N100. You claim to be intelligent but you're ignorant of this basic info and yet you think someone else is more worthy of the title 'ZOMBIE' than yourself?

All sort of mannerless nonsense we meet online!

NaijaMutant:
I'm convinced that there is no sensible person in Buhari's government

GMBuhari:
Me too


I mean how stupid can people get ? minister of petroleum resources cant offer petroleum related explanation, just goes straight to accuse Covid vaccine

NaijaMutant:
When you thought you've seen it all

I won't be surprised if this is Lai Mohammed

edoairways:
What kind of correlation between vaccine and PMS? . I just hope it is fake news

Sylva's statement isnt really stupid; the person who probably should be blamed is the journalist who just reported a blank title with zero content.

Since the announcement of a promising vaccine for covid, some stock prices have been recovering, including the price of crude; that's the link.

tundess:
Source for assertion ?
And I noticed you gave an excuse as drop in oil revenue. I thought OBJ had debunked this notion that Nigeria can only function with high oil prices.
Also, is it wise to continue borrowing with depressed oil prices ? How much has been spent on all the agricultural initiatives started by this regime ? Where are the record customs and FIRS revenues this govt has touted ? Indeed, where is the 00's of billions recovered by Magu ?
These are substantial sums added together.
Are you not concerned by the incessant borrowing ? And the lack of accountability ? Or was this your expectation of this govt's change agenda ? With this govt's penchant for being economical with the truth would believe this govt's figures re the economy ?

Firstly, OBJ did not debunk anything; there's something called the 'Time Value of Money', N1000 in 1999 isn't the same thing as N1000 in 2020. A family man that could survive on a salary of N10,000 in 1999 would die of starvation with a salary of N20,000 in 2020 - this is basic economics so I wonder why people still throw up this "oil price was low in 1999" argument.

If the country could function at oil price of $7 in 1999 when only 0.0001% of the population needed forex, that does not mean the country can function efficiently in 2020 at oil price of $30 when even the aboki at my gate needs forex to buy his handkerchief. Go and check statistics, Nigeria's forex demand in 2020 is between 10-20 times more than it was in 1999. In 1999, we had a much lower fuel demand and comsupption and we weren't importing 99% of our petroleum products as is the case today. in 1999, how many Nigerians had cars, how many ordinary Nigerians went abroad for studies or for medical checkups or for holidays or for business? How many ordinary Nigerians were involved in import business compared to today? or should we mention the number of people involved n forex trading, crypto currencies etc? What was the minimum wage in 1999 and what was the size of the civil service compared to 2020? What was the size of Nigeria's recurrent expenditure in 1999 compared to 2020? All of these translate to a massive surge in the demand for forex and revenue in general over the last 21 years, yet you expect oil price of $7 to still float the economy efficiently as it did in 1999 because OBJ said so?

Also, is it wise to continue borrowing with depressed oil prices

Are you not concerned by the incessant borrowing ?

I didnt mention anywhere that it's wise to keep borrowing endlessly, you can kindly point out where I mentioned that in my earlier posts... I only clarified to someone who claimed Buhari has sold Nigeria to China that 90% of our current debt to China was borrowed by Buhari's predecessor, even at a time when oil revenues were significantly more than it is today. I wonder why this fact always incites and irritates some people; how can truth be so painful?

But then again, talking about the propriety of borrowing, in a recession caused by a sudden/massive drop in revenue such as was experienced since 2015, the only way to keep the economy afloat is to borrow (that's economics 101). The real question we should be asking is why Nigeria was borrowing before 2015, incurring a debt of up to $63bn (by June 2015) even with the reasonably higher oil prices and revenue at the time. It's a no-brainer that a country with the kind of revenue shortfall experienced since 2015 would have to borrow to stay afloat. My personal problem is the economic viability of the so called projects the borrowed funds are being used for.

CID11:
Fat lies, keep on deceiving yourself. Buhari got a booming economy. Things were moving fine for people

The person I quoted inferred that Buhari has borrowed alot from China and would soon sell Nigeria to China. I simply corrected that misleading notion by pointing out that ~90% of Nigeria's current debt to China was incurred by Buhari's immediate predecessor; this is one fact I'm sure 99% of folks commenting online are ignorant of. You proved me right by starting your response with "fat lies", I had expected a smart person to ask me to substantiate my claim with verifiable data, but instead you proceeded to a totally off topic rant on the economy booming or not booming.

Of course one wouldn't expect you to understand the effect of a 70% drop in oil revenue for an oil dependent nation; the only part you understand is that power changed from A to B and then the economy stopped booming, so therefore it must be a political issue.

Nukilia:
Don't mind the deluded guy

Too many educated but ignorant fellows across Nigeria.. A smart person would have stayed on the topic and asked for evidence of my claims. But you just exposed your mental power here.

leisuretym:
Buhari the prodigal son, the great debtor, very soon Buhari will sign agreement with China that all Nigerian will serve Chinese government for 2 years in their lifetime ..lol

90% of the debt Nigeria currently owes CHina was borrowed by GEJ. I'm guessing you and 99% of the people on this thread do not know this. SO next tme when you want to politicise Nigeria's debt crisis, it would pay you to arm yourself with data.

vanbonattel:
Transferring the economy of the country to I need man because of where he came from.

Tinapa could have created more jobs but the idea was killed because it is near Igboland.

Lol.. This has to be the dumbest thibg I've read in a long time. Hopefully it's a joke.

Katlyst:
No more fuel subsidy.
Why are Nigerians complaining?
Expect further increase in PMS price
if crude oil price rises further above $43.
Not sure anything will change with DG Refinery.

Bizarre thing about this thread is, several folks here claim they supported and still support subsidy removal, but somehow they think its Buhari's fault that petrol prices are now going up. Cant really tell if its illiteracy or ignorance or just sentiments.

PhiliptheArab:
Nigerians don't want subsidy to go....what they want is the corruption around the subsidy to go...said corruption being fuelled by the anti-profit nature of a subsidy...

Also, Nigerians like price controls, so long as it means more money in their pocket. If government started subsidisng the busineses of many nigerians....they would see how destructive subsidy is

Whenever I see threads like this with a wailing mob of people all over, I just yawn and go back to sleep.

The fact is simple, Nigeria cannot afford to pay subsidies any more, and with subsidies gone, pump prices would keep increasing whenever there's an increase in crude prices, or a drop in value of the Naira. People can keep shouting GEJ all they want.

The govt is inept, the govt is useless, the govt has made too many stupid decisions lately but on this stoppage of subsidy issue, its absolutely the right decision... We need to learn to live with it.

Funny thing about several folks cursing here is that they claim they supported subsidy removal under GEJ, but somehow think it's a bad thing under PMB because pump prices hae hit N170.

Nigerians are a confused bunch. One moment people are shouting for subsidy to be removed, the next second you're complaining of increase in pump price and cursing govt.