₦airaland Forum

hardbody:
Dunno about this afternoon oo, but earlier this morning, i bought fuel at the regulat N65.00 and there were no queues.

publisher:
[size=15pt]Rumours will kill Nigerians before their death. At OP,you are an EEDIOT,your link has no connection with your so-called gist from a 'reliable source'.
What is wrong with u people on NL? Many other goats here have been commenting and abusing government even without checking the link.
Is today the first time NUPENG dey threaten strike? Dont u know that christmas is near and they havent been settled by Shell and co,yet?

Na today? Oh Nigerians[/size]

You have summarized what i have been trying to tell these pple

mcnepow:
Thanx 4 your reply, OneLuv!

sure anytime

mcnepow:
^Lets just believe he wrote dat while sleeping,  How and why wouldn't subsidy removal lead to scarcity when we have heartless marketers??

i wrote it while  bleeping./ your mother

yemi313:
[bI hope you didnt go to school sir[/b]

your father was my teacher

mustspin:
@ ogasir, there's more you need to learn about business and trading. hoarding can be likened to arbitrage and its a very good way of making huge risk-free return. keep a massive reserve bought at a subsidized price and sell at the market price after subsidy removal.

Hoarding can only exist for a while, because competition will definitely be a determinate factor for price in this case-

brainpulse:
I dont abuse and trade words with orphans they may not value one if they see

Obviously u were Hatch.

brainpulse:
Dumb and dolt. There is what they call Pre and post effects of subsidy. Tell your parents that you just wasted their resources

i pity your mother for carrying an im.becile for 9 months in her sagging belly

brainpulse:
I believe you don't have roof in your secondary school or all your teachers were all on sabbatical leave for the period of 6 years you spent there.

Since the petrol station dealers  knows that once subsidy is removed, the marketers will sell at any amount. then the quantity the petrol stations have left can equally be sold at any amount. so they will hoard it or keep it ( if you don't understand the meaning of hoard) to make 1000% profit.

Harvard Graduate:  Go and understand Fuel Subsidy and its Implication and stop embarrassing your Parent on Nairaland

okpara ugo:
your comment shows that you are not business inclined. There is a strong relationship between PRICE, DEMAND and SUPPLY.

So where does Hoarding come in Mr. Economics

I don't see how removal of fuel subsidy can lead to scarcity, removal of fuel subsidy is not synonymous wit scarcity ,it will only lead to price increase.

Since the importers will not get subsidy for the importation of Petrol, they transfer the burden to the consumer which is an increase in price.

Inasmuch as i don't support  Fuel subsidy at this time cos of lack of the appropriate  structures on ground, we should avoid rumors that will lead to panic

purchase which will in turn soar prices above market forces (demand and supply) prices.

@photolounge_ng

Why all this comparism. Pls buy watever suits your needs.

Over and out

Ipad is just overrated. It is so so limited. As some one said: all apple products are virtually the same, they just come in diffrent sizes and names.

For Ipad lovers and Users, its good u have it. But it does not meet my need I bit. The playbook is 120% perfect for me.

Nairalanders, don't buy tabs becos pple have bought them, identify you needs and go for the one that suits u.

Any review done here is primarily the view of the user of the tab.

So don't buy a device and regret.

Go on google type: ipad vs galaxy tab vs playbook vs zoom vs kindle fire.

You will get website the will compare this devices side by side.

Which ever suits u buy it.

Over and out!!!

The Playbook, uses the same subscription with your blackberry phone- using the bridge facility. and browsing is fast, showing u complete web pages. the playbook is multitasking- u call run all application simultaneously, still maintaining its fast processing speed

For Existing BB users: Blackberry Playbook is the BOMB

The Blackberry Playbook is Cheaper, better, than Both the ipad and Galaxy tab

Playbook:
I cannot sell to you for 50K, My price is not negotiable for people just buying 1. I have been able to sell at N60 000, which is a fair price in my view.

I agree with you @PLAYBOOK, that price is really fair, I am in Kaduna and i have been selling Playbook 16gb for N75,000 and the demand is very high. Demand for Playbook is getting higher cos more pple are understanding the Device, cos of the cheap maintenance in terms of subscription.

I advice anyone dat wants a tablet to get a PLAYBOOK now because within the next 3 Months the price of a Playbook 16gb can get as high as 100k

@bonfire,

My bad - iOS and andriod

A friend of mine bought an ipad2 and was using mtn micro sim to browse he spends abt 3000k weeking on subcriptin . He sold it and he is currently using blackberry playbook he brigded the connection wit he bb and is enjoying browsing using d same subscrition as his bb.

Andriod devices r very fashionable, sleek, and nice but maintaining them is expensive

@ YOU ALL

THIS IS A NATIONAL ISSUE!!!

MUST NAIRALANDERS ALWAYS INSULT ONE ANOTHER TO DRIVE HOME THEIR POINTS?

HONESTLY YOU GUYS RAINING INSULT ON ONE ANOTHER, YOU GUYS NEED TO GROW UP.

Rhino.5dm:
He is part of the problem in the country. Boko Haram is beyond the curse by any MOG that collect tithes from blood sucking politician. The only Pastor that is left with his credibility intact is, Pastor Tunde Bakare.

Let the conmen continue their competition of who will have the highest number of Jets, largest collection of Bullet proof jeeps, swiss watches, mansions, beautiful women and what not, display of fake miracles.

Gbam!!!!

k

@ 2sexy, when you get you UBA africard you are given 2 pins - one for the ATM, the other one for the web access, both PINS are diffrent.

To access the web portal you have to logon to www.myubaafricard.com then key in your card number then your web 4 digit PIN. After you have done dat you will be redirected to a page to enter your user name and an 8 digit code which will then be using for the web acesss.

As I said web acess PIN and ATM are provided wit the card and they r diffrent.

For a contest, the price money is ok.

But if Seun want to use their work commecially, then it is complete rip-off, and taking advantage.

Seun: The fact that 3 pple will win cash prices does not mean, ppl that Will come 4th to , nth their work will not valuable to you.
What are the terms and conditions , what happens to the work of pple that don't win cash

NFF are just Useless< they just wanna sack SIASIA because he made them miss Foreign Allowance for next's yr AFCON. Keshi and Oliseh not a choice for replacement.

Breaking News: Abromavich to Sign Mancini as coach after Chelsea's Defeat to QPR

i tried to change my yahoo passwrd to ManUdefence but its says too weak.why?

@ 2sexy
U don't have to be a UBA account holder to get the card, it works on all the hosting website I have used, the good thing is dat you can check you statement on line you can transfer money to another UBA africard holder.

You can withdraw money frm the ATM both local and internationally . Work better than GTB master card.
NB: you cannot link the card to paypal

Get a UBA africard it works instantly on all International website.

Walk into any UBA branch - go along with 2 coloured passports, driver' licence or int'l passport or Nat. Id

You will get the card instantly,

I have used the card to buy things on amazon, pay for my shipping, pay on forex website, also received money on site I register on.

Pls get yours now, it only cost N600 to acquire it you pay 2.75% on the value of every tansaction on international websites.

This will be the best, thing Sanusi will do,if it comes to effect.

Now wat that means is dat, Oil companies will no long bid for Dollars from Central Bank, proceeds from their Oil exports will mean,they don't have to bid for dollars at the DAS(Dutch Auction System)- this is a System that CBN use to sell dollars to BDC,Oil Companies,Govt etc Thru Commercial Banks.

Oil Companies over the Years happen to be the bigger buyers of Dollars at the DAS. Higher demand for the Dollar means weaken of the Naira( demand and supply theory of economic).

Now if CBN enforces this transaction dynamics for Oil company this will mean that buyers of their crude will pay the Oil company dollars directly into their accounts, meaning they don't need to bid for dollars at the DAS, in that case their bankers in the Nigeria don't necessary have to to pay the Oil companies in Nigeria wit dollars, they pay them equivalent in naira. In a case the oil company need to transact with other foreign banks, the commecial need not go to CBN to bid for dollars to consumate their transactions. They money in their account is already dollars so there wire it straight.

The benefit to the economy:

Less demand for Dollar thus strengthening the naira.

The only pple that will be bid for dollars will be individuals(BTA,PTA); importing Companies (Form M). Government also fall under (PTA and BTA)

With the advent of Dual currency VISA and Mastercard( cash less economy by 2012) the demand for PTA and BTA will automatically reduce.

This will further improve the naira.

For the case of importer( Form M) the big banks in Nigeria Have Branches in CHINA,USA,South Africa etc so when in importer want to buy from such contries they don't need to bid for dollars(they simply process the form M, and pay the expoter in the equivalent of the local currency).

With all these the dollar will gradually begin to weaken, because the demand for it will fall.

GOOD MOVE FOR NIGERIAN ECONOMY.

@ monkey leg

As your name has said it all,

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