₦airaland Forum

Perfectbeing:
Sha I'm glad that Buhari is just waiting for Dangote's Refinery to be completed before he completely remove fuel subsidy next year. Those that wants to die should die and the country will move on after them.

Sammy07:
Refineries is just one out of many problems

We're not exporting enough

No electricity (hope you know it kills business) I know how much I dey use buy fuel and e dey pain me

Lack of Security, farmers are unable to go farm

And too much of importation

Bad roads

These are what makes economy worse.
Improve on it and see how other sectors will improve, people won't even complain

Biodun556:
If we can't pay school fees then ASUU should stop making unrealistic demands

Biodun556:
Local refineries will reduced importation and We will be able save more dollars

Most of the dollars Nigeria realize from sale of crude oil are use to import refined oils thereby creating dollar scarcity.

Even the little we are exporting, if we are able to stop fuel importation, the economy will grow to some level

Sammy07:
Actually, Nigerians are not annoyed and won't be annoyed if subsidy is removed, if they're Paying more tax.

What usually pained us and why we always get annoyed is not seeing the positive impact of what we are paying.

How can I be paying thousands of money as tax, yet someone in Abuja is stealing it without seeing the impact of my tax like regular electricity, functioning roads, security etx

Do you think I will continue to pay the tax?

Perfectbeing:
This is the excuse that most people who don't pay tax give.
Nigerians do not pay tax.

Perfectbeing:
I've said it before that the best way to shut up your critics is by employing them to solve the problems on the areas they criticize you about.

Just the other day my friend who always castigate the Government for not allowing Nigerians accessible to loans couldn't pay the loan he borrowed for those loan app.
Before I borrowed him the money, I jokingly asked him, if he had a bank, would he borrow someone like himself money?

Sammy07:
I can't pay tax on things I won't see or won't have impact.

We already paid import duties, they should manage that

Sammy07:
See removing subsidy without proper things and measures in place is just rubbish

We don't like solving problems entirely from the root Buh solving it from the middle.

How can I be paying as high as #500, #600 per litre with bad economy?
Think am na


Where do you want people to make money? Or nah sand them go use am buy am?

And you know once fuel continue to rise, price of things will surely follow suit.

Sammy07:
Salary increase cost won't take much, even if it takes much. Govt can fund it.

It's because measures are not in place to generate revenue (esp through agriculture, mineral resources) that's why it looks like we're broke.

And they should reduce unnecessary cost esp In some agemcies.

Perfectbeing:
My school increased my school fees. And even though my faculty isn't completed I still pay the high school fees. But I can see work ongoing. This ongoing work started when school fees increased.

I may never receive lectures from the completed classrooms that will be fitted with ACs before I graduate but I cannot deny that I saw what the VC did with the increased school fees.
I might not enjoy it but the next set will.

Blue3k:
Tell us how much they're demanding and how you'd fund it sir. When you asked to fund a trillion you wisely backed down to reality. Its easy to be emotional but hard to balance the books. ASUU wanted their money yesterday and don't want to wait for reform to kick in. This funding issue is what the government deals with.

Sammy07:
See removing subsidy without proper things and measures in place is just rubbish

We don't like solving problems entirely from the root Buh solving it from the middle.

How can I be paying as high as #500, #600 per litre with bad economy?
Think am na


Where do you want people to make money? Or nah sand them go use am buy am?

And you know once fuel continue to rise, price of things will surely follow suit.

Biodun556:


When the same ASUU members that go on strike become vice chancellor they will start speaking for government because as VC you are no longer academic staff, you're now representing the government.

I laughed when I see some Nigerians taken some of these matters personal. A human right lawyer will come in TV criticize the government, the same lawyer will appear in court the following week defending the same government in name of accused is not a criminal till found guilty. Scam everywhere

Biodun556:
That's is the reality we are facing next year

Sammy07:
Sure and the school fees is reflecting or don't you see their economy booming?
They get jobs with those fees.

Buh here, how can I be paying 300-400k in a federal university and still remain jobless, economy useless, security useless.

That's waste of funds

Sammy07:
See removing subsidy without proper things and measures in place is just rubbish

We don't like solving problems entirely from the root Buh solving it from the middle.

How can I be paying as high as #500, #600 per litre with bad economy?
Think am na


Where do you want people to make money? Or nah sand them go use am buy am?

And you know once fuel continue to rise, price of things will surely follow suit.

Biodun556:
ASUU wants autonomy with their ridiculous demand from FG and that means students will start paying school fees.

In private universities students pay between 500,000 to 2 million naira. In Federal Universities, students pay 50,000 averagely. In some federal uni, students pay as low as 10,000 naira. Only medical and engineering students pay higher fee and that's because of practical. This means that federal universities are heavily subsidies in Nigeria.

With federal universities subsidies, and fuel subsidies, the burden is too much on government reason why they can't take to all ASUU demands on the premise that most of the university lecturers and Nigerian doctors are beneficiaries of the almost free tertiary education, so they should be able to manage what is giving to them since the government is not earning profits from the universities. The solutions to ASUU demands is for government to introduce school fees in Federal Universities and that will deny students from poor family access to tertiary education.

Before Fashola became governor, Lagos tertiary educations were free, when he came, he introduced 200,000 naira school fees and many students dropped out. I pity the parents and students joining ASUU to criticize the government because the outcome will not favor them

Sammy07:
Well this is nice.
BUT.can this be implemented by the federal government?
Isn't this same country where snake swallowed money and nothing was done?

People stealing money through loopholes yet nothing was done.

This country has many problems including the people. Ur VC is good, other VC's will steal the money and even ban SUG from protesting or they scrap them

We both know our country

aribisala0:
Where do people in ALL OUR NEIGHBOURING COUNTRIES get money to buy petrol

Perfectbeing:
Actually students protested and the VC banned the SUG. For two sessions now no SUG. Although they were planning to reinstate the SUG before this ASUU strike.
But no one can deny that the VC didn't work.

It was still the same country that snake swallowed money that my school is taking a new shape. I don't mind if my VC dey chop money but as long as I'm seeing progress no problem.

Some were even saying the VC would have upgraded the school before increasing the school fees. But where would he see the money to upgrade the school in the first place?

I would not mind doubling my effort to pay an increased school fees and sit in an AC classroom.
But e dey pain me say I nor go enjoy all these things before I graduate.

We gats sacrifice something for something. We gats sacrifice increased school fees to end ASUU strike.

Perfectbeing:
My school increased my school fees. And even though my faculty isn't completed I still pay the high school fees. But I can see work ongoing. This ongoing work started when school fees increased.

I may never receive lectures from the completed classrooms that will be fitted with ACs before I graduate but I cannot deny that I saw what the VC did with the increased school fees.
I might not enjoy it but the next set will.

Qtrpst4:
Biodun556 but the federal government giving 1.4bn to Niger is nothing right, where did they see money for that? Can't they also go that place to get money for ASUU? If not that they don't take us for granted, how can buhari be that insensitive and to know that people like you support that is the most foolish of it all

botahj:
Impressive with your analysis/comments on this thread so far. I guess you are financially inclined and savvy about public finance matters for you to posit such points. So good are your points I have had to comment for the first time in donkey years.

Many think it is rocket science to have a viable working system as is obtainable in western climes without doing their bits to achieve that here with our thoughts and ways.

The average Nigerian student goes berserk with watton destruction of facilities when fees are raised in public schools while not in the know that subsidy on tertiary education by Government is what even allows for such fees in this day and time yet they say nothing is done.

Seeing persons advocate for salary increases in bankruptcy and inflationary periods for ASUU and not knowing that every other group like NNASU, Polythecnics, Colleges of Education, Teachers, Doctors and other medical personnel etc, would send us to situations worse than Venezuela years back. Something has to give way and for now the best bets are in petrol, power and tertiary education. The pool should go to quality healthcare and Basic education till secondary level.

In summary, Nigerians do not really know what they want. Till we have a FUNCTIONAL CREDIT SYSTEM which would bring about INCREASED REVENUES, everything we hope for would be mostly of wishful thoughts. We pander alot this way hoping to arrive in eldorado.

Softmirror:
If they are not cesspool of corruption, Nigerian universities need to open their finances for all to see. Let's access the budgets, audited financial reports etc. In 2020, UI claimed they could not submit their audited financial reports because their external auditor went blind since 2014. On Thursday, I told a friend during an online discussion that the education budget, can go a long way if there's no corruption, diversion of funds and misappropriation!

Biodun556:
Difference between a billion and a trillion is wide.

Nigeria also collect billions of dollars aid from abroad. FG could take part of it for neighboring countries

Blue3k:
Tell us what else you want to cut to reach 1 trillion. You're at 1.4 billion so you have 998.6 billion to go. You're allowed any mix of borrowing, cuts, tax increases or tuition increases as long it adds up to 1 trillion naira.

Perfectbeing:
N1.4 billion cannot build a standard faculty in any Nigerian university.
N1.4 billion is Chicken change for Nigeria.
Try and move on.

Perfectbeing:
Nigeria is a thousand times better than Niger. N1.4 billion is chicken change for Nigeria.

Qtrpst4:
When will NNPC open their account for all to see, abi nah because Nah buhari be the minister of finance?