₦airaland Forum

Twist4u:
A fool at forty.

.

Thanks for the abuse

Have a good night. Grow in goodies.

E done set .. Nigeria jagajaga

economy about to sink. Somebody should resign already

Floating the naira without positioning our economy and international trade policies, so naira can compete favorably will make things worse. Naira can't compete with dollars as it is, leaving them for market forces means dollar rate will keep rising perpetually because our dollar demand has not reduced, and nobody is demanding Naira internationally.

Without subsidy, Tinubu govt is frying Nigerians in a hot frying pan.

Indeed, there was a country

you guys must understand that petrol and Fx go hand-in-hand. Petrol ought to be selling for 1500 at the mo. Stop voting becos of tribe and religion MBA! Ngawnu naija youths come out and protest the hardship, No! So suffer in peace

Nothing concern Dangote.

Had to try kerosene today,GOT THE 150 CL BOTTLE FOR #2200!!!!!!
AHHHHHHHH!!!!!

nairalanda1:
If one has been following this thing for as long as I have, you would see that we are paying a subsidy.

1.APC apologists cry that fuel is not being subsidised...well it is. Landing cost was N720 as at October, now it is N1000..meaning subsidy costs rose from N20-140 to N300-420 per liter today. We are pushing ourselves into more debt so see where we are

2.IN 2012 january, landing cost was N99 per liter, now it is N1000. Fuel price was N97 per liter now it is N580-720.

Assuming Nigeria kept fuel at N97 per liter as some PDP apologists wanted , by now subsidy would have risen from N2 per liter to N920 per liter ...and note that fuel consumption has risen over the years.

We would have a debt that would make our current debt look like the pocket money you give your 10 year old.

See how much subsidy costs? But all of you, be it PDP or APC or LP, many of you want it.


Oya, come and get your fuel at N97....lol.

You sound like you made sense to be honest but that you support tinibu who once claimed there was no subsidy so he could get the pdp out only to come and remove it inspite of all the connections and information he had at his disposal say a lot about you. Infact any youth who believe that any politician, irrespective of party, apc or pdp or lp, has genuine intentions to better your lot is a really big fool or he just started following politics

Subsidy does not work but you can't just pull rug under the general public as the present administration did and expect things to work out well. I 💯 support subsidy removal but I want it done quarterly, so the economy can adjust to upward trend of increase in prices of goods and services.
The government stop subsidy, float Naira at the same time and the result is nothing but catastrophic to every day people. The government is yet to increase minimum wage and they beg the question how do they want people to make it to work?. Too much of good medicine becomes poison.

nairalanda1:
Well, at the end of the day, no matter how many funny stories you tell about me (I no know any politican, the one I even know retired centuries ago, and is not in active politics for over 10 years self and was in PDP anyway)....things cost money, even petrol, and if you pretend it is cheap, wahala go result.

See Venezuela wey sell fuel for N40, today their once powerful refinery has gone from refining 900000bpd to refining less than 100000bpd.

Even NIgeria, subsidy dey since 1973, at the end we went from 400000 bpd in the 80's to 92000 in 2012, to 6500 in 2019.

And you think subsidy works still.

Anyway, cry, weep, abuse, get angry, and anyway...your beloved TInubu is still paying a subsidy self, so what are you angry about.....but so long as that subsidy remains, wahala dey.

Good evening, son.

BrighterSyde:
You sound like you made sense to be honest but that you support tinibu who once claimed there was no subsidy so he could get the pdp out only to come and remove it inspite of all the connections and information he had at his disposal say a lot about you. Infact any youth who believe that any politician, irrespective of party, apc or pdp or lp, has genuine intentions to better your lot is a really big fool or he just started following politics

I supported subsidy removal in 2012 and i never ever voted Tinubu or supported him.

And calling me a fool is uncalled for.

Many people saw this coming before the election, that is why they called him Buhari promax aka buy one problem, get one free. Until Nigeria remove religion and tribalism from election, that is when we will see light. Am sure they are teaching Obi a lesson now, wicked souls parading themselves as citizens of the country, meanwhile they are the real enemies of the country.

Hahaha your emilokan the Jagaban. Of master strategist 😃 is working.

When exchange rate was N800 to 1US Dollar.

To get a property of N10million you need $12,500.

With current N1500 to 1US Dollar.

You now need less than $7,000 to achieve the same property value of N10million.

What an amazing opportunity to Nigerians In Diaspora to key into safe and secure Investments back in Nigeria.
Buy land and house with good title documents in a safe and secure Estate.

Wetin dey occur?

Where is Legendhero, Yarimo, Throwback and APC ZOMB1ES. na? 🤔

xandy84:
Subsidy does not work but you can't just pull rug under the general public as the present administration did and expect things to work out well. I 💯 support subsidy removal but I want it done quarterly, so the economy can adjust to upward trend of increase in prices of goods and services.
The government stop subsidy, float Naira at the same time and the result is nothing but catastrophic to every day people. The government is yet to increase minimum wage and they beg the question how do they want people to make it to work?. Too much of good medicine becomes poison.

The problem was as early as 2022 debt was eating 90percent of our revenue.

That's why tinubu, obi and atiku were all saying subsidy had to go.

As for quarterly removal, won't have worked.

Nice one!
The country is progressing Indeed.

Subsidy must be paid through the backdoor with this landing cost because further increase in fuel price can make Nigeria expode.

They have started going to the excuse that Obi or Atiku could not have done better. Bastards all around in APC.
You stop paying subsidy but the first thing your govt does is secure a 3 billion dollar loan.
This government has not achieved a single thing in 9 months of being in power. Not one single thing

What a bitter pill to swallow! God make life easier and better to live for us than what's it at the moment.

israelmao:
Subsidy must be paid through the backdoor with landing cost because further increase in fuel price can make Nigeria expode.

And paying subsidy more and more means our debt woild grow to the point where it is x times larger than our income and where we run out of money.

Sri lanka version 2 loading.

The average Nigerian is a dead man walking 😂😂

Who cares again. If you like use microwave to announce that the Landing cost of fuel is 11,000. The audacity of the revolution that will topple your government is just doing warm up exercise in Agadez of Nigeria republic. Useless looters.

nairalanda1:
And paying subsidy more and more means our debt woild grow to the point where it is x times larger than our income and where we run out of money.
Sri lanka version 2 loading.

The annual crude oil theft is greater than subsidy being paid annually gov't should stop crude oil theft.So if govt should stop paying subsidy with N1000/ litre landing cost it means Nigerians will be paying N1,500 or more per litre,how realistic or practicable is this?l

nairalanda1:
I supported subsidy removal in 2012 and i never ever voted Tinubu or supported him.

And calling me a fool is uncalled for.

My apologies

Those that supported the destruction of the economy by Buhari regime and the continued annihilation of what’s remaining of it by Tinubu’s regime are stylishly shying away from the mess they created. A country’s economy is a very sensitive issue which is related to national security thus, any decision about it must be made carefully and responsibly to avoid creating a shock that will collapse the country. There are sensitive economic decisions you don’t just make and announce anyhow to score political points.

I remember when the deluded failed and corrupt government supporters where deceiving themselves that if they remove fuel subsidy that price of fuel will crash. You can not support APC and still reason like a normal human being

Where are those cheap APC online rats?

Seems this Shege is just starting!

Venezuela loading Ronu miscreants get ready because your daddy will be escaping to France via private jet very soon while you all die of starvation

nairalanda1:
Well, at the end of the day, no matter how many funny stories you tell about me (I no know any politican, the one I even know retired centuries ago, and is not in active politics for over 10 years self and was in PDP anyway)....things cost money, even petrol, and if you pretend it is cheap, wahala go result.

See Venezuela wey sell fuel for N40, today their once powerful refinery has gone from refining 900000bpd to refining less than 100000bpd.

Even NIgeria, subsidy dey since 1973, at the end we went from 400000 bpd in the 80's to 92000 in 2012, to 6500 in 2019.

And you think subsidy works still.

Anyway, cry, weep, abuse, get angry, and anyway...your beloved TInubu is still paying a subsidy self, so what are you angry about.....but so long as that subsidy remains, wahala dey.

Good evening, son.

The issue is devaluation. If Naira wasn't devalued there wouldn't be any subsidy. Tinubu made mistake in floating Naira after removal of subsidy which proves his evonomic team are not smart. You first of all float the currency and after it has achieved stable exchange rate then you can remove subsidy.