fxsly: lesson learnt today: dont trade a currency or commodity you are not familier with. i picked gold around past 10 thinking its a new 4hr candle am trading and not knowing its an old one that will exhaust by 11am. so the candle closed with a weekness for the bears, unfortunatley that was when i entered my short position. still no loss so far for the week
I do not know what fraudulent systems that have been internally set up, but that would be what Buhari would meet.
yes but we have fixed pump price? the fluctuating world price and transport of these oil is paid by fed government as subsidy. there might be scam in subsidy but i wont agree if you say there's no subsidy at all.
crixtex: Though I aint an Amaechi fan buh I bliv he shud be forgiven and dey shud endorse him...Amaechi next time dont go against your pple.... Family is more important than anything except God himself....
and how often do people forgive a thief who steals 50naira?
Themandator: This is the best season to totally remove subsidy... The international price is significantly low and what we pay as subsidy is somewhere around a dollar
looool. you mean a dollar per litre? look the 87 we pay is fkurking cheap. just that the naira is so devalued 87 naira looks like a big deal. if subsidy is remove totally expect to buy oil at above 130 naira. damn thats gonna kill people. An american can pay 1$ per litre but a Nigerian cant pay same amount of 1#(220naira) hence the subsidy. having a working refinery is better
GenBuhari: How do you abolish something that doesn't exist?
so you mean since buhari entered no subsidy has been paid? if so then tell me why our oil price is stagnant. in the usa their price varies on world price. it fluctuates base on oil contract which is mostly determined by the crude oil price. so why is ours stagnant? if not for the fact that the cost of refining and transporting is paid by government as subsudy.
benpuzzy: Morning House, the lihgt situation in my area since my arrival is soo challenging, that is why i have not posted any call today main while, you can sell Gold wit us SL50pips
i wish i could watch it. if it were a scam why hasn't it been abolished yet by the administration? until we allow our pump price be determined by the larger market then the "subsidy scam" would always be justified.
GenBuhari i though you said subsidy was a scam? i knew it couldnt be cos Nigeria even sells below international price(in $$$) its just cos of the weak naira we think its expensive at 87naira.
braine: Who's laughing now?? Wike, PDP, and the Wailers here on Nairaland are bloody losers.
NO. it is only the common man like me and you that are bloody losers. not wike. tomorrow dey might be friends again teaming up to suck us dry. their children will rule over our children. their great grand children will rule over our great grand children like it or not. and so it continues
But GEJ govt still worst in terms of corruptions. Do you know the reasons behind why peoples choosed PMB simply because he has Zero corrupt level. And the 10naira GEJ removed from fuel price isjust a campain strategies don't be decieved.
buhari zero corruption? and yet he lost 3 elections? you must be kidding. and yh obj tenure was more corrupt dan gej's bro. dont judge that with sentiment GM
GenBuhari: You have bought into the fuel subsidy scam. Buhari says fuel is not subsided and it is overpriced.
As an oil producer, Buhari says Nigerian fuel should not be considered subsidised if it is sold below the international trading price for fuel.
Nigeria produces its own oil and only need to charge its citizen the cost refining, transportation and distribution, which he believes should be under N50 per litre.