₦airaland Forum

Hundeyin is an omo Igbo from Enugu state

Just thinking like a brain dead tribalist

Hmmm

As long as crude oil prices are volatile and fuel price at the pumps are stable, subsidy is involved.

Subsidy is the element that keeps the price stable until the government decides to revisit the price.

In summary, there is still subsidy.

It would be much better for the government to subsidise the cost of crude supplied to local refineries than this current nonsense subsidy model that only enriches the racketeers in the oil sector.

Interesting


The poor have nothing left to eat but the rich

LandMann:
If not greed, corruption and visionlessness, why is Dangote refinery not selling the shares to the public?

Why was he looking for a government that has been established to be corrupt and incompetent in managing their own state refineries to invest in his own refinery?

Good point on Dangote going public.

The major thing to note is, our crude oil must be refined locally. At this point it’s senseless refining crude overseas and importing fuel just to satisfy the needs of a greedy cabal.

Dangote refinery publicly lists its shares

Crude oil is refined locally

Government supplies subsidised crude to the refinery and agree/review selling price of finished products

Win win for everyone.

One year anniversary fast approaching

LandMann:
Dangote refinery the biggest and only refinery that is currently working. Just like Dangote cement that controls 62% of cement market in Nigeria and uses this advantage to control cement price resulting in higher prices, Dangote refinery will control over 90% of the fuel and diesel market in Nigeria if government grants him his request and this will result in him fixing higher prices for Nigerians year in year out because there'll practically be no competition and he'll start using court cases to frustrate any competition, relying on government policy enacted to only his favour.

If government owned refineries in Nigeria are not working then the government is to blame for them not working. It is however not enough reason to give monopoly to one man to control the market because it'll end up in higher and higher prices for consumers who are poor and have no voice.

The national government was supposed to have an ownership stake in Dangote refinery, why did that crumble?

LandMann:
That government refineries are not working is not enough reasons to give Dangote monopoly control of the market.

Since there's no more subsidy and no more fixed exchange rate then the government should allow those who want to import with their money import and those who want to produce locally produce.

The government role will be to ensure imported products meet a certain standard with nobody being bribed to corrupt the process... The government role will also be to encourage local production by ensuring that the existing local refineries get the raw materials they need to produce at competitive rates while enacting laws and policies and encouraging foreign and local investors to build refineries.

The government should maintain an international relations policy of non alignment so that if USA is doing anyhow to frustrate the government then Russia and China can be relied on for solution.

These are fundamental things that Nigerian government can do to kick start industrialization in Nigeria using the power of government.

Which western power doesn't want Ajaokuta steel to work? If it's UK and US, then use government power to give it to Russia to fix and get running while training domestic manpower to take over the process in due time.

How can a country experience large scale industrialisation when its steal industry is practically dead due to series of visionless, extremely corrupt and useless governments?

There's a lot to say but be rest assured that giving Dangote monopoly in Nigeria's fuel/diesel sector will never make life easy for Nigerians.

Is Dangote refinery the only private refinery in Nigeria?

And also, why are the government owned refineries not working despite spending a considerable fortune on turn around maintenance between 1999-2024?

Will Dangote have a monopoly if the government owned refineries were working today?

Go and check the amount spent between 1999-2024 on “turn around maintenance” of the government owned refineries and compare it to the amount Dangote used to build a new refinery.

By the way, is importation of fuel from a certain plant in Malta also in the best interest of Nigerians hmmm?

DevilsEqual:
Recondition your mind to attract only positivity

He listed like 10 diff achievements of this regime but all u could do was to pull out one negativity

Even if he had granted this one, you'd have still come up with another

Chikamso, Your affinity for negativity is worrying

10 different achievements that has translated to millions of jobs for teeming youths that APC promised since 2015?

Is it now a crime to hold the government accountable to their promises hmmm?🤔

blamingthedevil:
Are you blind, deaf or dumb?

God Bless President Bola Tinubu
Good Bless Federal Republic of Nigeria .

Just one year:


1. Students Loans ✓
2. Consumer Credit ✓
3. Stable Power Supply ✓
4. Increase in Minimum Wage ✓
5. 70% Increase in Revenue ✓
6. Local Government Autonomy ✓
7. Free Fertilizers to Farmers ✓
8. Subsidy Removal on PMS✓
9. Forex Deregulation ✓
10. Partial Subsidy Removal on Electricity ✓
11. 330 Roads completed ✓
12. Port Harcourt Aba Railway completed and functioning ✓
13. Infrastructure Renewal in FCT✓
14. Third Mainland Bridge Renewal ✓
15. Lagos Calabar Coastal Highway ✓
16. Sokoto Badagry Highway ✓
17. New Aba Hospital ✓
18. Onitsha Enugu expressway ✓
19. Abuja- Keffi - Markudi Expressway completed ✓
20 Kaduna -Kano Railway ongoing ✓
21. Grants to nano businesses ✓
22. National Youth Fund✓
23. Ongoing Infrastructure development all over the country




Should I continue?

E pa te wo fun Tinubu

Dear Sycophants.

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year. How far with your messiah’s plan?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival

Good time to be a military contractor.

What services can you render?
Supply of weapons
Supply of logistics
Supply of support services

Contractors and subcontractors are cashing out massively.

Also check the trend analysis stock prices of major weapon manufacturers across the globe and thank me later, for example Lockheed Martin, Boeing etc

Whilst the idiot majority are vocal taking sides on the conflict, the silent minority are busy cashing out on the blood and sweat of their fellow humans. What a system!

Will edit later

Crude in naira

It was also gathered on Monday that the Dangote refinery and other local refineries in Nigeria had yet to start buying crude oil from NNPC in naira as directed by President Tinubu.

The Crude Oil Refiners Association of Nigeria said letters have been written to NNPC by individual refiners requesting crude, but there has been no response yet.

The Federal Executive Council recently adopted a proposal by Tinubu to sell crude to the Dangote refinery and other upcoming refineries in naira.

FEC approved that the 450,000 barrels meant for domestic consumption be offered in naira to Nigerian refineries, using the Dangote refinery as a pilot. The exchange rate will be fixed for the duration of this transaction.

However, almost one week after the announcement, the refiners said they had not heard from the NNPC.

So NNPC is yet to supply crude to the local refineries?

What the hell is wrong with this cabal for heaven’s sake?! 😡

Good morning y’all

😂

leokid866:
They are on ground and doing well....if you feel otherwise you too join the Army amd show them where they are going wrong.....

They’re doing well, but bandits are operating freely in Zamfara for example. Taxing the farmers there or stopping farming altogether.

I ask again, are you living in an alternate universe?

Hmmm

kunle4toyeyaho:
The financial autonomy granted to the LGs alone would create atleast 20 million jobs. Most Chairmen would have resources to embark on projects and many artisans would be engaged

So just to put this in context, are you confidently telling us that Tinubu’s government can generate

500,000 jobs per week
2 million jobs per month
24 million jobs per year

To hit something close to the 50 million jobs it promised?

Let’s wait for Reno to blame Peter Obi for this

Apctinubulamba:
Don't mind those Agbodorians idiotss above praising Thiefinubu their messia. Na statistics Nigerians go chop

According to them, Tinubu’s government has created jobs however, the national bureau of statistics has clearly stated unemployment increased in 2024 compared to 2023.

The way these sycophants think ehn 😂

donbrowser:
Only 1 mád mán at Upper Iweka bridge

Very good, thanks for admitting Tinubu and his gang of thieves made another empty promise.

Hahaha. Nigerians will never learn. There is no messiah anywhere.

Until the masses unite and demand their rights, the suffering continues

donbrowser:
The president Tinubu's administration has deployed an indirect employment technique such that will teach youths how to catch fish and not only give them fish

1. 3mtt.nitda.gov.ng
2. Supa.itf.gov.ng

Training of youths and creating employment for them. If you believe he has not done enough in 1 year, there's another president in Agulu who can provide you with all collars of jobs. Go to him.

How many people were employed by Tinubu’s government in the past 1 year.

Awaiting figures

Dear sycophants

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year. How far with your messiah’s plan?

Where is the economic revival? Where are the jobs?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival

Dear sycophants.

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year. How far with your messiah’s plan?

Where is the economic revival? Where are the jobs?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival

Meanwhile, we are still looking for the 3 million jobs per year promised by APC when they took over power in 2015.

Promises, Empty promises…

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year. How far with your messiah’s plan?

Where is the economic revival? Where are the jobs?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival


Where are the 3 million jobs per year promised by APC when they got into power in 2015?

helinues:
My observations about those who are still insisting on the continuation of the protest is they are people who are doing so badly in life and have neglected their responsibilities.

I know of a person who will be telling me how he went to this club, went to this restaurant, hanged out with girls, go to the beach while he's wife is sick in Nigeria and he's expecting me to be the one to send money to his wife.

Government no dey put food on masses table. Life is unfair to everyone, take responsibility for your actions without pointing fingers

Dear helinues.

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year. How far with your messiah’s plan?

Where is the economic revival? Where are the jobs?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival

CountinBlessins:
Well then it's safe to say the future is totally leaked for him because as it stands 2027 is nothing but a pipe dream.
I see that Atiku clinching the seat in fact come 2027 I suspect obi might not run instead they'll bring someone else who knows. Going forward let's wait our see but one thing is certain the southwest have lost power for 2027

Will hungry and angry Nigerians wait till 2027? Almost everyone is on survival instinct and on the edge.
Sri Lanka and just today - Bangladesh.

It’s no longer business as usual I’m afraid.

Think about it. What is the priority of a starving human and animal? To obey law and order OR to satisfy their hunger.

CountinBlessins:
Then that my result in him losing the country. Because assistant it seems in North is hell Bent on removing tinubu.

Right now he has no support except for that of his people the yorubas did not don't want him he has spent years insulting and ridiculine the igbos so he has no support in the south east .
And win the South South can never stand by him because he was the chief leader against gej

His support in Yoruba land has weakened considerably. Hunger has done the needful there.

CountinBlessins:
Sound ideas but do you know what baffles me why it is seems so hard for tinubu to make the simple steps I just don't understand

Perhaps he has the interest of the neo-colonialists to protect.

They’ve got so much dirt on him.

And he’s got his personal interests to protect as well. Sadly at the expense of over 220 million Nigerians. But sorry, that can’t work this time.

CountinBlessins:
Then what steps do you think the government should take to immediately curb this free fall of our economy

Start refining crude oil locally with immediate effect.
Subsidise the cost of crude supplied to local refineries.

When energy costs comes down, things will get cheaper.

The other thing is, deal with the bandits terrorising the farmers, then cost of foodstuffs will reduce as more farmers will resume farming.


Anything outside of these is a waste of time and space.

Is Tinubu and his government to do these rather than invest in propaganda?

On August 29 2023, Tinubu’s government promised to create 50 million jobs and revive the economy.

This is almost one year.

Where is the economic revival? Where are the jobs?

https://www.nairaland.com/7821154/tinubu-sets-3-year-economic-revival