₦airaland Forum

Naijanascam:
This NBS statistics self..........na so una talk about employment rate coming down last time without the effects till date

helinues:
Don't tell us you are already having a running stomach about this development news

DatNiggaDaz:
Trade surplus as a result of surplus rulings from the tribunal

Propaganda, lies & deceit hence has been surplus

DeLaRue:
If you read the write up again, you'll notice that while the top half quoted figures for the first 6 months, figures quoted in the bottom half of the write up relates to the 2nd quarter, and so the N1.23 trillion figure for petrol import is only for the 2nd quarter ie., April - June.

That translates to an average of about N400 billion per month, not N200 billion as you claim.

As for subsidy, I believe the exact amount varied according to international refining prices so the figure was not constant.

The average per year was probably about N3.5 trillion.

smokinloud:
STOP BEING CLEVER BY HALF!.
#1.2 tn IS JUST 21 percent of Q2 ,which is approximately #5tn,and not 6 months which is roughly #13tn

FreeStuffsNG:
This is the koko. When your balance of trade is in surplus, you are on a great economic growth and leap. Nigeria is on a phenomenal forward march. May God continue to bless Nigeria for ever!

By the time the blue economy and mining add to this current export, wow!

My advice is for you, if you are not productively engaged,is to get busy and take advantage of these current opportunities and emerging opportunities.

In this Asiwaju Tinubu-led FG administration there is nothing for lazy, idle, ill-brought up youth who want to spend all day on social media entertainment , cyberbullying, criminal defamation and insulting his father, mother, grandmother, grandfather's age mates.Check my signature for free stuffs!

Kukutenla:
NBS is beginning to sound like radio Nigeria
For this country wey we dey?


If the total value of petrol imported in six months is 1.23trn, it means we spend a paltry 200bn to import fuel in a month. How does this fit into the claim that we spend 400bn to subsidise fuel every month? cc: nairalanda1
NBS no even reason well before they spill their lies.
I can pick so many more holes in this their trade surplus especially with the falling value of naira like an old woman's breast

FreeStuffsNG:
This is the koko. When your balance of trade is in surplus, you are on a great economic growth and leap. Nigeria is on a phenomenal forward march. May God continue to bless Nigeria for ever!

By the time the blue economy and mining add to this current export, wow!

My advice is for you, if you are not productively engaged,is to get busy and take advantage of these current opportunities and emerging opportunities.

In this Asiwaju Tinubu-led FG administration there is nothing for lazy, idle, ill-brought up youth who want to spend all day on social media entertainment , cyberbullying, criminal defamation and insulting his father, mother, grandmother, grandfather's age mates.Check my signature for free stuffs!

Alliswell248:
Not everybody is jobless and NFA like you.
Remain on NL and be shouting lies, deceit.

Enemy of Nigeria.
Sore losers

ORIENTATION101:
Where did you get your calculations of 400b per month in first quarter of 2023?
It was boldly written in the report that value of import for fuel for the period of subsidy was 1.23trn trillion.

So tell how you arrived at 400b per month for important of fuel.

Export didn't significantly increased it was import that reduced drastically due to cbn policy and forex scarcity.
During the first quarter of 2023 nigeria oil production was abysmally poor at 1.1m to 1.4m barrel per day when opec gave us 2m barrel per day quota.

FreeStuffsNG:
NBS: Nigeria recorded N2.2trn trade surplus in first half of 2023



https://www.thecable.ng/nbs-nigeria-recorded-n2-2trn-trade-surplus-in-first-half-of-2023/amp

All lies

Kukutenla:
I don't really have the time to be spoonfeeding you with info but check it online. NNPCL claimed they were subsidising with average of 400bn a month. If you don't know that then stop arguing with me!!
You're showing your lack of understanding more and more. This NBS report is pure hogwash!!

FreeStuffsNG:
This is the koko. When your balance of trade is in surplus, you are on a great economic growth and leap. Nigeria is on a phenomenal forward march. May God continue to bless Nigeria for ever!

By the time the blue economy and mining add to this current export, wow!

My advice is for you, if you are not productively engaged,is to get busy and take advantage of these current opportunities and emerging opportunities.

In this Asiwaju Tinubu-led FG administration there is nothing for lazy, idle, ill-brought up youth who want to spend all day on social media entertainment , cyberbullying, criminal defamation and insulting his father, mother, grandmother, grandfather's age mates.Check my signature for free stuffs!

FreeStuffsNG:
This is the koko. When your balance of trade is in surplus, you are on a great economic growth and leap. Nigeria is on a phenomenal forward march. May God continue to bless Nigeria for ever!

By the time the blue economy and mining add to this current export, wow!

My advice is for you, if you are not productively engaged,is to get busy and take advantage of these current opportunities and emerging opportunities.

In this Asiwaju Tinubu-led FG administration there is nothing for lazy, idle, ill-brought up youth who want to spend all day on social media entertainment , cyberbullying, criminal defamation and insulting his father, mother, grandmother, grandfather's age mates.Check my signature for free stuffs!

ORIENTATION101:
imbecilic idiot, the burden of proof is on you.
Where did Nnpc claimed they spent 400b monthly from Jan to may 2023?
If NBS statistics is not reliable, you would have made sense by providing counter stats with verifiable figures instead of the usual beer palour gossip from mentally deranged idiots like you

Solsix:
Why is the naira still nose diving. Don't be deceived

FreeStuffsNG:
Very good question @ bolded. The answer is that most of you are consumers, you produce nada so you don't being in sufficient forex and the second reason is because of unpatriotic people who will eventually get burnt in their forex speculation

FreeStuffsNG:
NBS: Nigeria recorded N2.2trn trade surplus in first half of 2023



https://www.thecable.ng/nbs-nigeria-recorded-n2-2trn-trade-surplus-in-first-half-of-2023/amp

luizpippo:
Didn't you rejoice over the "na statistics we got chop" rhetorics?

Why are you now gloating over same statistics?😂

Kukutenla:
Your dullardry is well established already
But it's another level of intellectual foolishness and exuberant ignorance to claim with confidence that NNPCL never claimed to spend 400bn on subsidy monthly when it in fact claimed to spend more than that at a point.
You have no business arguing in public pls.
Just return back to whatever cave you slithered from. Idiota

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.premiumtimesng.com/news/top-news/582724-fuel-subsidy-now-above-n400bn-monthly-nnpcl.html&ved=2ahUKEwi7h8yRqJqBAxV2WUEAHQq7AuMQFnoECB8QAQ&usg=AOvVaw1-2kzkP9_BdThvwHPxKoea

FreeStuffsNG:
This is the koko. When your balance of trade is in surplus, you are on a great economic growth and leap. Nigeria is on a phenomenal forward march. May God continue to bless Nigeria for ever!

By the time the blue economy and mining add to this current export, wow!

My advice is for you, if you are not productively engaged,is to get busy and take advantage of these current opportunities and emerging opportunities.

In this Asiwaju Tinubu-led FG administration there is nothing for lazy, idle, ill-brought up youth who want to spend all day on social media entertainment , cyberbullying, criminal defamation and insulting his father, mother, grandmother, grandfather's age mates.Check my signature for free stuffs!

ORIENTATION101:
clown did you bother to read the link you post.
Nnpc was talking about monthly calculations of subsidy. It has nothing to do with year in review. and it also confirmed what I said that FG stop paying subsidy and marketers stop importing due to forex.
So tell me again where did you get your calculations of 400b monthly subsidy for the first quarter of the year 2023?
when FG stopped paying and marketplace marketers stopped importing which led to fuel scarcity in the first quarter of the year according to the link you posted

Kukutenla:
It's more than obvious now that you're a full blown dullard with matchsticks for brain.
But I'll keep knocking sense into your thick skull till it seeps in.
Look at the screenshot. The date is 18th of February this year which is the second month of the first quarter and first half that NBS is talking about.
Your stupid assertions fall flat in the face of the NNPCL GMD declaring that they have been the sole importer for years and are paying N202 per litre for subsidy as at the date 15, February, 2023.

Let me wait for the next truckload of nonsense from you

ORIENTATION101:
you this dumb idiot after my explanation of variables that affected the downtrend of subsidy payments and fuel importation monthly for 1st quarter of the year yet your brain refused to process it

Here is the subsidy payment report as at june 26 2023.
Which aligns with what NBS posted.

https://www.thecable.ng/exclusive-subsidy-payments-gulped-n1-82trn-in-five-months-arrears-hit-n3-73trn/amp

I know you re a mentally deranged idiot at least try and use your head at times.
That 400b subsidy payment was not in the year review, cos fuel importation was not constant, and consumption fell drastically. that's what lead to scarcity.

Kukutenla:
I'm sure you'll call yourself a graduate o.
See how you're disgracing your school online.
How does your link negate what I've been saying and posted?
You foolishly claimed there was no subsidy this year yet you brought a link that says NNPCL paid 307bn in May alone and 1.82trn in 5 months(January-May) which is even higher than the amount paid in 2022!
Is 1.82trn not even higher than the 1.2trn in 6 months that NBS is claiming was spent on fuel import? You must be a special kind of stupid.
I'm beginning to suspect I'm chatting with a slowpoke