₦airaland Forum

A40:
Even my former Agbado neighbors that were boisterous when the man began don dey quiet. Be like hand don dey touch them 😂😆

These are people that jump on my anti BAT WhatsApp statuses at the speed of light. Energy no dey again. Them don quiet as all the increments dey pile up. O ti'n re won

Some are like Joseph Goebbels though. They will go down with the ship. Nothing you can do with those ones

U see these set of people ehn, I just look at their whatsapp status now na prayer points full there.

Now dem no get energy to troll anybody again. All of us dey face our respective reality

BlueRayDick:
U see these set of people ehn, I just look at their whatsapp status now na prayer points full there.

Now dem no get energy to troll anybody again. All of us dey face our respective reality

Na the ones that comes on the internet still dey form super men. Shame no gree them talk true.

izzou:
[color=royalblue]This one wey Canada don dey find Welder and Carpenter

Hmmmmmm[/color]

Carpenter and Welder Dey earn blood money in those two countries.

obainojazz:
Carpenter and Welder Dey earn blood money in those two countries.

Na to enter be d real koko

izzou:
[color=royalblue]This one wey Canada don dey find Welder and Carpenter

Hmmmmmm[/color]

Shey I no go dey use my weekends go learn Carpentry from Broda Akeem like this ?

Segedinho:
Look at this way...
Under Goodwluck when things were 100%cheaper...who and who gave him a chance or try to say we should hold d gov responsible?
How you are trying to exonerate eBOLA still baffles me...
Dollar presently is #912 and you want us to hold d gov responsible?
You held Jonathan responsible when dollar was abt #160....even when the standard of living was 100% better than this.....

Goodluck Jonathan was 8 to 13yrs ago. Goodluck assumed presidency when we had low external debt because our debt were forgiven, Oil prices were high

You can call him Tinubu, ebola, Malaria or AIDS doesn't change anything about the economic reality of the country. We were going broke and states couldnt afford to pay salaries anymore.

Don't take my words for it, Take the words of your governor whom you are reluctant to hold responsible for anything including the money he collected on your behalf
Below was what Obaseki said before Tinubu became president

Now FG has agreed with Obaseki and his fellow governors, removed subsidy and given state more money. Now its time to go meet the governors and collect your money from them

Or do you prefer subsidy to stay and workers are not paid salaries?

https://www.premiumtimesng.com/news/more-news/596528-federal-state-govts-may-not-pay-salary-beyond-june-without-subsidy-removal-obaseki.html

Segedinho:
Look at this way...

Under Goodwluck when things were 100%cheaper...who and who gave him a chance or try to say we should hold d gov responsible?

How you are trying to exonerate eBOLA still baffles me...

Dollar presently is #912 and you want us to hold d gov responsible?

You held Jonathan responsible when dollar was abt #160....even when the standard of living was 100% better than this.....

Under subsidy regime this was what was happening. Almost every state in Nigeria you can google "(Insert name of state) unpaid salary" and see loads of articles


https://www.youtube.com/watch?v=hCwqV5pFPq8

Do you want to go back to a situation where states are unable to pay workers salary because most of the income is spent on subsidy payment?

obainojazz:
Carpenter and Welder Dey earn blood money in those two countries.

[color=royalblue]Blood Money?

Like..Kanayo O Kanayo level?[/color]

BlueRayDick:
Shey I no go dey use my weekends go learn Carpentry from Broda Akeem like this ?

[color=royalblue]My broda..

These guys wan milk every single brain comot from 3rd world countries [/color]

izzou:
[color=royalblue]Blood Money?

Like..Kanayo O Kanayo level?[/color]



[color=royalblue]My broda..

These guys wan milk every single brain comot from 3rd world countries [/color]

At this stage emilokan will rule the country with his entourage

Segedinho:
Na to enter be d real koko

100% determination na the most important tool to japa

The Canada and Australia wey hard… People still enter

I casually met one lady here one time that came on a business visa… she has like 8 years visa but na Chin chin be the business she did in naija

I never knew such opportunities exist but people that do take advantage wella.

raumdeuter:
Goodluck Jonathan was 8yrs ago. Goodluck assumed presidency when we had low external debt because our debt were forgiven, Oil prices were high

You can call him ebola, Malaria or AIDS doesn't change anything about the economic reality

Below was what Obaseki said before Tinubu became president

Now FG has agreed with Obaseki and his fellow governors, removed subsidy and given state more money. Now its time to go meet the governors and collect your money from them

Or do you prefer subsidy to stay and workers are not paid salaries?

https://www.premiumtimesng.com/news/more-news/596528-federal-state-govts-may-not-pay-salary-beyond-june-without-subsidy-removal-obaseki.html

Are you saying there was no allocation for salary and allowances during subsidies?
.or d gov were not responsible for the lack of cash to be paid to salary workers.

What happened to their respective internal generated revenues


This is my stand incase you are missing it....We can't hold gov responsible now when we weren't tasked to hol them b4..


The faac allocation was supposed to increase as the year progresses even if the dollar is pegged qt a given amount.

Here,The naira is useless in the face of reality,where even 100 of billions cannot solve what a lesser sum would have solved without any ish.....

izzou:
[color=royalblue]Blood Money?

Like..Kanayo O Kanayo level?[/color]



[color=royalblue]My broda..

These guys wan milk every single brain comot from 3rd world countries [/color]

Kanayo no pay tax so no money like his

Segedinho:
Today's price is 902 baba...........

I used naira/dollar instabilities for a reason.

Beside that,what is the rationale behind taking away subsidy and topping d FAAC allocation when in reality d money will definitely been stolen...

Lmao, we are using the official rate to calculate now.😂

Or do you want us to calculate using the black market rate?😁


The distance will be bigger niyen o

obainojazz:
100% determination na the most important tool to japa

The Canada and Australia wey hard… People still enter

I casually met one lady here one time that came on a business visa… she has like 8 years visa but na Chin chin be the business she did in naija

I never knew such opportunities exist but people that do take advantage wella.

E easy when you stand alone...when madam and baby don enter...na war o...

raumdeuter:
How is it explain and show workings how 971million is roughly the same as 2.4billion

The argument already lost its meaning.

Segedinho:
Are you saying there was no allocation for salary and allowances during subsidies?
.or d gov were not responsible for the lack of cash to be paid to salary workers.

What happened to their respective internal generated revenues
This is my stale incase you are missing it....We can't hold gov responsible now when we weren't tasked to hol them b4..

The faac allocation was supposed to increase as the year progresses even if the dollar is pegged qt a given amount.

Here,The naira is useless in the face of reality,where even 100 of billions cannot solve what a lesser sum would have solved without any ish.....

The governors were saying the allocation is not enough to meet their financial obligations which include salaries. Obaseki and other governors said they wont be able to pay salaries beyond June if subsidies remain. You can ask Obaseki and co why their respective Internal Generated cannot cover salaries, That is the main point of democracy, you voted him and hold his shirt. With the IGR governors were owing salaries and insisted on subsidy removal for states to meet their financial obligations

Subsidy was removed, Governors given more money. Your subsidy money is with Obaseki. You can tell him to use the increased faac to pay oil subsidy for Edolites and can forget about salaries

There is no calculation that will not show that states are getting over twice their allocation since May 2023. Are you saying 917M Dollars is not different from 2billion Dollars?

So which magic makes Faac increase as year progress? Can you explain?

Your governor collects more allocation. He is responsible for your state. Yet you don't want to ask him what he did with the increased allocation, Na the person wey give am the allocation be your problem

Shaytun:
Lmao, we are using the official rate to calculate now.😂

Or do you want us to calculate using the black market rate?😁


The distance will be bigger niyen o

Is there any difference bw official rate and the one flying around


What then is unification?

Segedinho:
Is there any difference bw official rate and the one flying around


What then is unification?

You ask me to calculate using 902, if I should do that, I’ll have to calculate the previous FAAC allocation using 700 too. Since both are unofficial rate.

The koko of the matter is that the current FAAC allocation is more than doubled the previous one, both in dollar and Naira.

So if you don’t see the benefit of your state governors having much more money than before then I really can’t help you.

raumdeuter:
The governors were saying the allocation is not enough to meet their financial obligations which include salaries. Obaseki and other governors said they wont be able to pay salaries beyond June if subsidies remain. You can ask Obaseki and co why their respective Internal Generated cannot cover salaries, That is the main point of democracy, you voted him and hold his shirt

Subsidy was removed, Governors given more money. Your subsidy money is with Obaseki. You can tell him to use the increased faac to pay subsidy for Edolites and can forget about salaries

There is not calculation that will not show that states are getting over twice their allocation since May 2023

Obaseki and co are politicians whose interests lies in their pocket....

Do you think prompt payment of salary was the solution to the myriad of problems enveloping the nation.

If they had been paying salary just b4 subsidy removal,what has changed??‽are u blaming Obaseki speech for subsidy removal?

The real issue isn't really d subsidy removal alone hut allowing d naira to go head to head with d dollar even when it is weak......

I think if ur argument was legit,FG wouldn't have had time to dialogue with NLC . .

He probably would have redirected them to states gov courtesy faac.

Shaytun:
You ask me to calculate using 902, if I should do that, I’ll have to calculate the previous FAAC allocation using 700 too. Since both are unofficial rate.

The koko of the matter is that the current FAAC allocation is more than doubled the previous one, both in dollar and Naira.

So if you don’t see the benefit of your state governors having much more money than before then I really can’t help you.

The koko is the instability of the naira unlike b4..

Within a month...d rate has gained up to 200 and still counting......

When I asked you to convert..I was actually pointing back to Goodluck that was nearly lynched for killing d masses..

More money is actually OK but in reality,we are stuck in thesasme wavelength..

Expenditure back then needed fewer amount in naira than now...this is so because our purchasing power have been crushed .


I think we are moving in circle.......and I am exhausted trying to point out that there is no obvious difference in d purchasing power of the bulky naira now vs few naira then.

I think there is a reason FG is pleading for understanding with NLC and co instead of pointing to the FAAC and the hold"state gov responsible" mantra

Emaprince:
Noooo.....na only Ipob dey against military action as long as its against tinubu.

Funny thing is they will never raise their voice against the north who are also against military intervention.

If I hear say them raise their voice

Segedinho:
Obaseki and co are politicians whose interests lies in their pocket....
Do you think prompt payment of salary was the solution to the myriad of problems enveloping the nation.
If they had been paying salary just b4 subsidy removal,what has changed??‽are u blaming Obaseki speech for subsidy removal?
The real issue isn't really d subsidy removal alone hut allowing d naira to go head to head with d dollar even when it is weak......
I think if ur argument was legit,FG wouldn't have had time to dialogue with NLC . .
He probably would have redirected them to states gov courtesy faac.

Edolites and every state voted their governor, If you voted someone whose interest lie in their pocket then that is your problem, FG will not take over State responsibility because you voted an irresponsible person to power.

You are asking if prompt payment of salary was the solution, I will counter ask, Is fuel subsidy the solution to the myriad of problems enveloping the nation? When we were paying subsidy was Nigeria eldorado?

Let us ask workers which one they will take lower fuel price or No salary cos that is what Governors were saying. If we continue with this subsidized fuel, don't expect salaries going forward

If you are using debt to pay subsidy that means your debt will increase. and if you continue, it will get to a point where your entire income is used to pay debt. At that point what is left to use?

You earn 100k per month and you are using 99K to pay LAPO debt, when will you not suffer for it?

I don't understand the point about NLC. FG is dialoguing with Labor because the impending strike. Where FG will use the opportunity to explain what the implications of fuel subsidy. There are FG employees too who are directly under FG and F pays them. So the things govt plan to put in place to ease the suffering of the workers was discussed including minimum wage increase

raumdeuter:
Edolites and every state voted their governor, If you voted someone whose interest lie in their pocket then that is your problem, FG will not take over State responsibility because you voted an irresponsible person to power.

You are asking if prompt payment of salary was the solution, I will counter ask, Is fuel subsidy the solution to the myriad of problems enveloping the nation? When we were paying subsidy was Nigeria eldorado?

If you are using debt to pay subsidy that means your debt will increase. and if you continue, it will get to a point where your entire income is used to pay debt. At that point what is left to use?

You earn 100k per month and you are using 99K to pay LAPO debt, when will you not suffer for it?

I don't understand the point about NLC. FG is dialoguing with Labor because the impending strike. Where FG will use the opportunity to explain what the implications of fuel subsidy. There are FG employees too who are directly under FG and F pays them

Where does the money for subsidy came from

Where does the ×3 of FAAC allocation came from?

Segedinho:
Where does the money for subsidy came from

Where does the ×3 of FAAC allocation came from?

Money from subsidy comes mainly from govt income generated which is mostly crude oil sold and Internally generated income

So instead of this govt income going to subsidy payment and defending Naira against Dollar, its going to governors to improve the lives of their citizens

raumdeuter:
Money from subsidy comes mainly from income generated which is mostly crude oil sold

So what do you mean..there would be a time we would crumble from borrowing to pay susbsidy??

BlueRayDick:
U see these set of people ehn, I just look at their whatsapp status now na prayer points full there.

Now dem no get energy to troll anybody again. All of us dey face our respective reality

It's always funny seeing struggling Agbadoists suddenly realizing their tribal and religious biases will not buy food in the supermarket

Segedinho:
So what do you mean..there would be a time we would crumble from borrowing to pay susbsidy??

We make 10bn monthly. Govt expenditure including subsidy is 11bn
Year 1, we borrow 3bn to pay subsidy
In year 2 we borrow another 1bn plus the payment of year 1 debt
In year 3 we borrow another 1bn plus payment of debts of year 1 + 2

By the time we get somewhere in the future you will get to a point where the 10bn will almost be equal to the debt and borrowed

raumdeuter:
We make 10bn monthly. Govt expenditure including subsidy is 11bn
Year 1, we borrow 3bn to pay subsidy
In year 2 we borrow another 1bn plus the payment of year 1 debt
In year 3 we borrow another 1bn plus payment of debts of year 1 + 2

By the time we get somewhere in the future you will get to a point where the 10bn will almost be equal to the debt and borrowed

What is the difference bw d 750b and d 1.9tr per month for just q state

Una no observe say Viewing centres don increase charge.
#250/300

Segedinho:
What is the difference bw d 750b and d 1.9tr per month for just q state

States get different revenues so no one can say exactly but on average with 36 states Maths roughly (1.9trillion/36) minus (750bn/36 states) which is 52.7bn - 20.8bn = approximately 32bn extra per month per state

raumdeuter:
States get different revenues so no one can say exactly but on average with 36 states Maths roughly (1.9trillion/36) minus (750bn/36 states) which is 52.7bn - 20.8bn = approximately 32bn extra per month per state

[color=royalblue]I think the governors agreed to save 770 billion from it.

So, its about the same as before, except that there is now savings[/color]

izzou:
[color=royalblue]I think the governors agreed to save 770 billion from it.

So, its about the same as before, except that there is now savings[/color]

Okay so if the governors for reasons best known to them decide to save the extra then good for them.

Some state might decide to use their part of the saved to fund subsidy for their citizens to reduce fuel prices

Also by the time they increase minimum wages across all states, they can take from their savings to put into use

Some states still get external debt servicing but make we leave that aside