₦airaland Forum

Fugazy2023:
Baba, don't mind those bunch of lazy failures. Most of them are useless to themselves and there family. They don't have sense and cannot do anything with there empty brains. Lazy set of fools that cannot amount to anything in life even if Jesus Christ personally install a president. Always insulting and blaming even for things caused by there stupid wayward lives

In 2011/12 we all had a golden opportunity to remove fuel subsidy at a time when we had enough income in the bank to do it.

You did not need to support GEJ to see the opportunity.

But your side protested, and GEJ heard you, and subsidy remained....and now we are removing it because IMF would take over our country if we don't , in a few years.

Actions have consequences. We could have had domestic refining working by now....and more money.


Sometimes, we all have to put aside politics to support good decisions.

Yeah, I support subsidy removal now, because I see what would happen if we don't. But if we had removed it in 2012, maybe things would have been much better now.

Acekidc4:
So Tinubu is the cause of your Problems Abi??

Mogbeni go rest, people blood dey hot abeg.

Nteogwuija:
Ur posts are always incoherent, and to make it worse, you can't differentiate between a common noun and a proper noun. Tueh!

🙄🙄🙄

There is general and growing reduction in productivity and economic activity.
The effect of this will be contraction of the economy leading to job losses and other untoward effects on the Nigerian economy.
If this contraction occurs there will be the feared economic recession,perhaps on a percentage not even witnessed in the cursed administration of Buhari.
I wonder if this people even understand what is going on and more still to come if someone with some brain matter doesn't use it and tell this government led by a successive senile individual that there is deep trouble in the land and something drastic has to give.
Tinubu is a f ool and people are cheering him on when in sane climes murmurings of a coup,uprising or unparalled civil obedience would have been going on.
It's stu pudity,senility and a failed administrator that will announce total removal of fuel subsidy in one fell swoop without having put in place shock absorbers to take care of the effects commonsense should have told him will arise.
Gradual removal was another option the imbe should have chosen.
To compound matters he also in the same period deregulated the foreign exchange market!
Buhari was an incompetent, senile,clannish bigot.
But some people may have elected a mad man into office or a man that is constantly high on drugs!!

This government has succeeded in shooting itself in the foot, a lot of things will be affected in the coming months; not just living standards alone but things like productivity etc.
In my last company till I left last year, normal working regiment was not regained post COVID and ENDSARS coupled with Buhari 's harsh economics because the company had to downsize, cut staff buses etc and placed many on half salary/redundancy etc.
Just this week that I was on the island, I learnt many companies now work 3 days with some even 2 days just to balance out the cost of fuel for generator, buses and pool cars plus the salaries at the end of the month.
Some have even issued letters of termination to some staff due to fault that is totally not theirs......we are on a long thing with the Balablu in the town hall 🤔🤔🤔

Stevengold:
Mogbeni go rest, people blood dey hot abeg.

Why are you now transferring your Aggression on me??

Stevengold:
You're stupid o.
Suffer dey ur lineage?
Or you prefer to bask in the adulation of hypocritical suffering and penury.
I hope you buy fuel ⛽ 200@₦ per liter.
Ode!

Why are you transferring your Aggression on me?? Goan fight government Na!!

We pray and hope things get settled

Terrible regime just less than 2 months in office. Economy has collapsed.

Nice one, if the worst happens, I can even trek to work.

Wetin be public complaint again... Na wa o.

I will not call you fool or mad man for this your nonsense&senseless post who are we going to blame if not your Tinubu, it is not this Tinubu that give us PMB It shows that you are still with your parents who give you food n buy cloths n still give you money go get sense ódé

Acekidc4:
Everybody blaming Tinubu for their woes and problems. Even their Marital problems they will still blame Tinubu, barren women go still blame Tinubu for their Childlessness, drunk man go still blame Tinubu for his drunkenness, husbands wey dey beat and maltreat their Wives will still blame Tinubu for their foolishness oooo, Arm robber, Murderer and Drug pusher go still blame Tinubu ooooo. Even Rapist go blame Tinubu for his or her Shameful acts. All of Una no just get Sense. Most people Na Malu mentality Dem dey use live life. Rubbish Personnels.

People just dey collect Shege/Banza.

We are yet to collect Dankpuruba
👽

True talk, if GEJ have done that since things will have been better

nairalanda1:
In 2011/12 we all had a golden opportunity to remove fuel subsidy at a time when we had enough income in the bank to do it.

You did not need to support GEJ to see the opportunity.

But your side protested, and GEJ heard you, and subsidy remained....and now we are removing it because IMF would take over our country if we don't , in a few years.

Actions have consequences. We could have had domestic refining working by now....and more money.


Sometimes, we all have to put aside politics to support good decisions.

Yeah, I support subsidy removal now, because I see what would happen if we don't. But if we had removed it in 2012, maybe things would have been much better now.

Pat081:
I will not call you fool or mad man for this your nonsense&senseless post who are we going to blame if not your Tinubu, it is not this Tinubu that give us PMB It shows that you are still with your parents who give you food n buy cloths n still give you money go get sense ódé

Mtcheeeeew, a full grown up man is still blaming government for his failures in Life. Say you no dey okay or rich no means say Na government cause am. Get that into your head.

Stevengold:
Them don use this one brain 🧠 fry dodo.
If a person can survive in this present economy, he is not lazy. You think people are happy spending 617 per liter for petrol?.

You remove subsidy.
No prior notice, no regulation, no cushioning effect of remedy before the incessant action was taken.

Only... 8k parliative that includes themselves too.

8k cannot feed my family for 2 days.

Sense is far from APC and it's supporters.

I have already described the kind of person you people are and I am not surprised a bastard among those i described will try to show himself confirming my submission

All other states have adjusted the working days to 3 per week, I don't know why Lagos state isn't doing anything.

Acekidc4:
Mtcheeeeew, a full grown up man is still blaming government for his failures in Life. Say you no dey okay or rich no means say Na government cause am. Get that into your head.

Hiss

grandstar:
I don't know why but I am beginning to sense the Naira's true value may hover between 830-1,100. I know it is frightening but it might be the truth. This might be the new normal.

The economy turned out to be far worse than expected. Unmet demand for forex was a reported $12bn. Of course, not all were genuine but to buy at the official rate and to roundtrip for sale at the BDC or parallel market rate.

I sense even if the CBN chooses to defend the Naira, and fight inflation, it would firm up in value (probably hit 650-680 range) but would eventually have to fall when central bank realises that the currency may be to strong at that rate.

A country like Nigeria needs to make its currency weaker than it should be in order to encourage exports, moderate imports, build the foreign reserves and to keep the current account surplus in a healthy state.

The government needs to go overboard in seeking foreign investment. The fuel subsidy removal will drag growth down but huge foreign direct investment into the country should perk things up. Portfolio investment would also be very welcome. This can to some extent counter any drag

Just like USA, Britain, Canada and EU members devalued their own currencies Abi? Even the Ghanaian Cedi is getting stronger and stronger.
The 5k per month you receive to work as online miscreant no go fit sustain you oo!!
Make you go find better work do.

Government stylishly criticizing government.

I could have loved it more if Tinubu has sold off all his official cars or reduced them to 406 Peugeot,.
I could have loved it if he has slashed salary and benefits to 40%

I could have loved it if the Vice President has done equally the same.

I could have loved to see the Senators and HR do same...
What of Governors?
Local Government Chairmen?

Do you know it is still the same number of cars the President, Ice, Senators etc, all Governors still use, and take budget for their fueling whether PMS sells at #2,000 per liter?

Who is really suffering and who is really telling others to have patience?

You enter into a car bought with Millions from the same tax payers money masses suffer to get, eat more than three square meals, live large even your kids , all are abroad ....

And you come to tell Nigerians to have patience?

Why not bring all your kids at home, let's see the effect of the hardship on them then we can begin to understand these Politicians...

That's why President said you should allow the poor to breathe....lols

My happiness is that he didn't say we should allow Obidients poor masses to breathe , he included even the zombies that supported him.

Acekidc4:
Everybody blaming Tinubu for their woes and problems. Even their Marital problems they will still blame Tinubu, barren women go still blame Tinubu for their Childlessness, drunk man go still blame Tinubu for his drunkenness, husbands wey dey beat and maltreat their Wives will still blame Tinubu for their foolishness oooo, Arm robber, Murderer and Drug pusher go still blame Tinubu ooooo. Even Rapist go blame Tinubu for his or her Shameful acts. All of Una no just get Sense. Most people Na Malu mentality Dem dey use live life. Rubbish Personnels.

Shut your trap. Mugu

LagosFirstSon:
Tinubu has run this country aground

Things that never happened before now happening. He just wants to be president, he has nothing to offer Nigerians .

Tinubu might be the worst president Nigeria ever has with the look of think

Anyone who has evil intention for the country or whose intention knowingly or knowingly would run down the country has his days numbered.

grandstar:
I don't know why but I am beginning to sense the Naira's true value may hover between 830-1,100. I know it is frightening but it might be the truth. This might be the new normal.

The economy turned out to be far worse than expected. Unmet demand for forex was a reported $12bn. Of course, not all were genuine but to buy at the official rate and to roundtrip for sale at the BDC or parallel market rate.

I sense even if the CBN chooses to defend the Naira, and fight inflation, it would firm up in value (probably hit 650-680 range) but would eventually have to fall when central bank realises that the currency may be to strong at that rate.

A country like Nigeria needs to make its currency weaker than it should be in order to encourage exports, moderate imports, build the foreign reserves and to keep the current account surplus in a healthy state.

The government needs to go overboard in seeking foreign investment. The fuel subsidy removal will drag growth down but huge foreign direct investment into the country should perk things up. Portfolio investment would also be very welcome. This can to some extent counter any drag

But is Nigeria actually that attractive to foreign investors with power and security challenges?

FOJEM:
Just like USA, Britain, Canada and EU members devalued their own currencies Abi? Even the Ghanaian Cedi is getting stronger and stronger.
The 5k per month you receive to work as online miscreant no go fit sustain you oo!!
Make you go find better work do.

Try and educate yourself rather than get angry. It is like cursing a mathematician from saying 1+1= 2

The Ghanaian Cedi was $1- 1 Cedi in 2007. Today is 11.40. It might have strengthened recently but the currency is notorious for its persistent depreciation.

Elxandre:
But is Nigeria actually that attractive to foreign investors with power and security challenges?

Well one might be surprised.

Omohayek, what is the likelihood of FDI will flood our shores soon?

Let be patient pls I dream he we be the best ever best president ,he is not a dull person let be patient with him he we perform he has a good and intelligent wife he knowns what his doing I believe the end we be good pls be patient pls

4years will tell

grandstar:
Try and educate yourself rather than get angry. It is like cursing a mathematician from saying 1+1= 2

The Ghanaian Cedi was $1- 1 Cedi. Today is 11.40. It might have strengthened recently but the currency is notorious for its persistent depreciation.

You have no shame!
1US dollar exchanges for only 11.4 Cedis
and you are advocating for the same 1 US dollar to exchange for 1,000 Naira!
Can you imagine that.
Use one adjective to describe yourself now!!!

Subsidy removal on its own is a good thing. But removing it when the entire world is just recovering from a global pandemic is cruel. Nigeria doesn't have a social net to cushion the effect.