Bobloco:
The real enemies of this nation are those who organized and sponsored the Ojota subsidy protests because the fuel pump price was N120 per liter but are now keeping quiet now that the pump price is over N1200 with the attendance scarcity. 

They are not enemies,they are just useless idiots

AdamuKD:

IJIOTS
It's only in Nigeria that you will see some questionable characters piloting their affairs and some senseless urchins will be praising them in an empty stomach

How can a criminal and a thief like Gbola Tilumbu be a president and you will not suffer?

This one you are seeing now is just ' testing the microphone'. Have it in mind that he is not up to a year oh. By the time he is through with his administration, half of una would have been dead from hunger and depression. Most of the married men are having issues with their wives because of financial constraints caused by this senseless thief. Just enter any hospital now, almost all the married men are diagnosed with high blood pressure because of this man's policies.

Make una just braze up because Nigeria future understand this okpolo eyes is bleak but it will favour me and my family

You can cry from now till Jesus come. Your Obi is a condemn cargo. He will never smell Aso rock.

CodeTemplar:
120 a litre was around $0.67 and N1000 a litre of today about $0.76 so let's learn to be fair when making comparison.

The govt of 2012 did not bring dollars from their villages, it is still same crude they sold to provide forex and thus keep the naira where it was then. Lets learn to critique with fairness.

And what was our purchasing power then...
What was the minimum wage

Make una enter street protest.

DatNiggaDaz:


Where is dat propaganda machine, dat agent of lies deceit & propaganda Hellnius

See his darling daddy milo drinking failure he defended & supported for 8 fuc'ing yrs who, gathered at Ojota.

Dis man Hellnius come here immediately

helinius is a programmed robot not human being with brain

nairalanda1:


Because Nigerians do not want to pay the market price of petrol and power.

That is why you have epileptic power and epileptic petrol supply.

Right now, you all are supposed to pay N184 per kwh of power, and N1000 and above for petrol. Yet, only 20% of us pay above N184 per kwh for power now, and petrol is below N800 at most filing stations, N900 at worst.

SO, at the end, nothing would smoothly run.

Subsides are supposed to bridge the gap, but are usually not sufficent. Corruption is a part of the issue, but the main thing is that it costs money to produce petrol and power.

And if you are not paying above the cost of production, issues are going to arise.

DO you have issues with your phone usage? Issues with food supply? Or issues sending a parcel? No, because they all are allowed to charge their prices for services rendered. Power , like I said is supposed to be N184, yet until recently, 100% of the country was paying below N71 per kwh. Now it is 80%

See, profit lubiricates things. take away the right of profit in the name of helping the poor, and providers will find it difficult to give you a-grade service, because it would make them so broke, their accounts would be reading something like minus one million dollars..lol.

You won't sell your product below what it cost to produce it to help poor nigerians.

You're right but talking about that in isolation as though the people simply want to enjoy free things is misleading.

You can't pay a person a tenth of their salary, demand a 100% of their work, and still expect them not to complain.

Either pay the man 100% what he's earned for 100% of his work or cheat him to the tune of 90‰ and accept his 90% reduced output.

Poor Nigerians are not poor because they're lazy, they're poor cos the bastards keep looting their income.

abdsamad:


You're right but talking about that in isolation as though the people simply want to enjoy free things is misleading.

You can't pay a person a tenth of their salary, demand a 100% of their work, and still expect them not to complain.

Either pay the man 100% what he's earned for 100% of his work or cheat him to the tune of 90‰ and accept his 90% reduced output.

Poor Nigerians are not poor because they're lazy, they're poor cos the bastards keep looting their income.

Well, corruptuon is a big problem, and we got to hold people to account.

But the problem is, we cannot expect manufacturers, producers and tradespeople to sell below the cost of production to help the poor. As you can see, doing so has not worked at all, and has made things worse in the petroleum and power sector. It's caused chronic losses, poor productivity, wrekced many refineries, and reduced power generation. NO profit, wahala dey.

Meanwhile, OBJ let the GSM people charge expensively from the word go. People were saying that government does not want poor people to own phones. Obe Ess of the guardian even produced a editorial cartoon where MTN was called the bitter connection and econet was inspired to shortchange people's wallet.

But because the people doing GSM could set their prices, they could make profit, and attract investment, from within and without...and could pay for expanding their network. Add improvements in technology, and today a lot of poor people own phones. IN 1986, such a thing would have been impossible even for the middle nigerian class.

Sadly people want to be paid. Unless you want a government like the DPRK and the old USSR where government dictates your price and makes you live a 'spartan life' so that eveyrone is equal...

sanpipita:
I'm surprised APC urchins are not asking how many refineries did Peter Obi build as governor, guess he didn't build any that's why we have fuel scarcity

i said it last week when they announce that baba is traveling to Netherland i said hope they did not plan anything down before they travel. Once you hear fuel scarcity in APC government just know that they want to increase fuel price. They have been using this tactics since buhari time.

nedu666:
One mind is telling me that fed govt wants to increase price of fuel

Exactly, they will peg it at 700, after dangote and river refinary. Then we'll all praise the government for intervening.

This country eenh

nairalanda1:


Sorry for quoting you again.

Telephony is an expensive thing. When GSM came here, it was expensive. Very much so. MY first sim in 2004, and it took me two years to make the plunge...cost me N7000. Ntel. I did not even get MTN till 2007..when the price had dropped to make it make sense.

Yet because government let there be free market, it made sense for investment to flow into GSM, and for us to go into a point where phones went from being for the very rich...to even poor people having phones.

That is how the free market works.

Okay good we actually towing the same line.. I want a free market too just like the GSM of early 2000s that will usher in investors.. remember we run a democratic system where vast of the electorate no longer trust the government due to years of corruption. We’ve the civil societies Labour group and opposition parties ready to hijack the country if the masses sufferings become unbearable. I think bulk of the work lies on the government now.. tell the citizens your plan shun corruption and maintain a lean government with less spendings on frivolities and more on capital projects.

karkinase:

Okay good we actually towing the same line.. I want a free market too just like the GSM of early 2000s that will usher in investors.. remember we run a democratic system where vast of the electorate no longer trust the government due to years of corruption. We’ve the civil societies Labour group and opposition parties ready to hijack the country if the masses sufferings become unbearable. I think bulk of the work lies on the government now.. tell the citizens your plan shun corruption and maintain a lean government with less spendings on frivolities and more on capital projects.

Even if we do all that...and we must fight corruption and maintain a lean government, it is not going to cause enough money to be generated for subsides

What is spent in Aso Rock for one year is ...ie the budget for presidency...200bn naira. Subsidy costs for this year may pass N10 trillion.

The problem is, if we want subsides that work, without getting us into debt (Buhari maintained subsides by getting us into more and more debt especially via ways and means)...we got to have a diversifed economy. And the only way we can do that is by removing subsides on power and petrol so that they make enough profit to work properly....

God knows I wish there was another way.

Donsheddy:


And what was our purchasing power then...
What was the minimum wage

better in terms of dollar or pound equivalent.

The cost in Zaria, Kaduna today ..... Make Government just shoot everybody Kenan !!!

NeckingNgulping:
I have said it before, and I will say it again: the only solution to this shit hole called Nigeria is disintegration.

Divide this country now.

why should anyone listen to a stupid person like you. The first sensible question is how much did this marketers buy the fuel they want to sell at such exorbitant prices

nairalanda1:


Even if we do all that...and we must fight corruption and maintain a lean government, it is not going to cause enough money to be generated for subsides

What is spent in Aso Rock for one year is ...ie the budget for presidency...200bn naira. Subsidy costs for this year may pass N10 trillion.

The problem is, if we want subsides that work, without getting us into debt (Buhari maintained subsides by getting us into more and more debt especially via ways and means)...we got to have a diversifed economy. And the only way we can do that is by removing subsides on power and petrol so that they make enough profit to work properly....

God knows I wish there was another way.

stop telling demonic lies. Subsidy hasn't crippled china or USA.

nairalanda1:


Well, keeping subsides to help the nigerians below the poverty line is why we have massive debts, and bad refinereis, and a massively corrupt subsidy regimen.

It's basically a between the devil and deep blue sea thing, and something our leaders have faced since 1973.

Niger republic, has a poverty rate bigger than Nigeria. And yet, fuel costs N1000 and above, because they are also very poor to pay for subsidies, and because the refinery there...which runs on domestic crude...is a dollar earner...so it has to earn a profit.

The better way, really, is free market. Selling fuel , even at N700 and less, is a nice way to ruin things. At least, with a free market, we would have something called investment...which helps generate jobs and more jobs.

Keep deceiving yourself, Nepa that was privatized, what happened. We don't even have light again.

Until you guys stop praising your oppressors they'll alway rip you guys off.

I'm off this useless country!

CodeTemplar:
stop telling demonic lies

.

Well, I believe that Lucy ain't got much on me tho.

Subsidy hasn't crippled china or USA.

Who are both industrial nations with huge revenues from industrial exports, and have good tax to gdp ratios with much higher gdps, meaning they have the cash for subsides, which aren't consumption based, except for the poor ,,the very poor (means testing in place).

At least the refinereis can make a profit. Ours could not.

AdamuKD:

IJIOTS
It's only in Nigeria that you will see some questionable characters piloting their affairs and some senseless urchins will be praising them in an empty stomach

How can a criminal and a thief like Gbola Tilumbu be a president and you will not suffer?

This one you are seeing now is just ' testing the microphone'. Have it in mind that he is not up to a year oh. By the time he is through with his administration, half of una would have been dead from hunger and depression. Most of the married men are having issues with their wives because of financial constraints caused by this senseless thief. Just enter any hospital now, almost all the married men are diagnosed with high blood pressure because of this man's policies.

Make una just braze up because Nigeria future understand this okpolo eyes is bleak but it will favour me and my family

if your life is productive u won't spend your Monday waiting on nairaland

nairalanda1:


Sorry for quoting you again.

Telephony is an expensive thing. When GSM came here, it was expensive. Very much so. MY first sim in 2004, and it took me two years to make the plunge...cost me N7000. Ntel. I did not even get MTN till 2007..when the price had dropped to make it make sense.

Yet because government let there be free market, it made sense for investment to flow into GSM, and for us to go into a point where phones went from being for the very rich...to even poor people having phones.

That is how the free market works.

Why has free markets not brought down the price of fuel in Ghana and Niger republic? Why has more investments and jobs not flown into those countries? Last I checked, Niger still has a single refinery with a capacity not even close to that of Dangote.
You people run to gsm whenever you want to make case for free market but run away from diesel and kerosene that have been deregulated since 2011 yet no investment or jobs in that sector. How com? Tell us about that too

nairalanda1:
.

Well, I believe that Lucy ain't got much on me tho.



Who are both industrial nations with huge revenues from industrial exports, and have good tax to gdp ratios with much higher gdps, meaning they have the cash for subsides, which aren't consumption based, except for the poor ,,the very poor (means testing in place).

At least the refinereis can make a profit. Ours could not.

we too have crude to fill the tax and income gap.

Tombrown3:


Keep deceiving yourself, Nepa that was privatized, what happened. We don't even have light again.

Because the government retained the right to control their prices/set prices for them.

As at now, the discos need to charge consumers N184 to make a profit. Only about 20% of consumers are charged at that level. The remainder 80% pay far below N100...meaning discos lose money...and that has knock on effects for the gencos, and the tcn...no money to do much.

You won't let government set your prices if you were a businessman?

Until you guys stop praising your oppressors they'll alway rip you guys off.

Well, allowing the free market to operate has a tendency to bring in investment, which creates more jobs for....the poor and oppressed.

I'm off this useless country!

Have a safe trip. There they charge tarrifs for power that make them profits. Lots of profit...which is why they have 24 hour light...but you would pay in one month for power what would last you for 4-5 months in nigeria.

CodeTemplar:
we too have crude to fill the tax and income gap.

That's the issue, it isn't enough.

(It has never been enough).

Just for the jols, we produce slightly more crude than LIbya. We also have 20 times the populaiton of Libya...which is why LIbya can enjoy subsides while we cannot

If you want to blast the government, the fact is , the government has not diversifed our economy. Big nations like Nigeria need to rely on their brainpower to survive, not oyel.

Nnpc!!! Make dangote start supplying pms.....

Kukutenla:

Why has free markets not brought down the price of fuel in Ghana and Niger republic?

Inflation and rising cost of living, made worse by the fact that they are resource dependent nations, and therefore mostly poor.?

Why has more investments and jobs not flown into those countries? Last I checked, Niger still has a single refinery with a capacity not even close to that of Dangote.

Because their crude oil production is not high enough...and again, resource dependency. Changing to industrial from resource dependency is a long hard road. Most african countries avoid it for many reasons...

You people run to gsm whenever you want to make case for free market but run away from diesel and kerosene that have been deregulated since 2011 yet no investment or jobs in that sector. How com? Tell us about that too

Meanwhile petrol has not been deregulated, meaning anyone refining crude in Nigeria is still going to lose money on refining petrol, which would impact any earnings from diesel and so forth.

That's the koko.

nairalanda1:


That's the issue, it isn't enough.

(It has never been enough).

Just for the jols, we produce slightly more crude than LIbya. We also have 20 times the populaiton of Libya...which is why LIbya can enjoy subsides while we cannot

If you want to blast the government, the fact is , the government has not diversifed our economy. Big nations like Nigeria need to rely on their brainpower to survive, not oyel.

...but can subsidize pilgrims, pay leaders more than America and china, and permit corruption.

specialmati:
helinius is a programmed robot not human being with brain

For real bro for real

CodeTemplar:
...but can subsidize pilgrims, pay leaders more than America and china, and permit corruption.

Which is where holding leaders to account comes in

The pilgrimage one, in particular, is wrong. But most NIgerians want it, and even christians agitated for their own and got it. Here we are.

Also, disagreeing with you does not mean I support the corruption of this government. As I have said here times without number, we have to hold our government responsible.

And corruptiuon is a bad thing, and the reason why it flourshes is because we are a resource dependent nation. Removing subsides and allowing the power sector work with profits , meaning we become more indiustrial and attract investment is a way of stopping corruption or reducing it...because if our economy is investment and industrial based, corruption threatens its survival....and thus it can't be tolerated

(That's how the chinese do it).

nairalanda1:


Well, VIetnam is a state run concern. And they have a lower populaton than we do. Nigeria has privatised power since 2013...and the right thing should have been to let them set their prices...but no.

As for examples..let's use Ivory coast. It used to be like Nigeria with even grid collapsing...until 1993, when they privatised power, and even additionally let the sector set its prices.

NO power cuts since 1993, no problems with grid collapse.

As for Vietnam


SO, issues

Must you tell lies? Even during afcon, Cote D'Ivoire had power outage

Kukutenla:

Must you tell lies? Even during afcon, Cote D'Ivoire had power outage

And that was an oddity.

And they have better power access than Nigeria does.

Calm down, old man.

nairalanda1:


And that was an oddity.

And they have better power access than Nigeria does.

Calm down, old man.

Oddity??

And what do you mean by pwr access? Does Ivory Coast have more population and land mass than Nigeria? Do they have a more robust power mix?

zionstaar75:
why should anyone listen to a stupid person like you. The first sensible question is how much did this marketers buy the fuel they want to sell at such exorbitant prices

I can't take the comments of someone with big squinted eyes serious. Ugly fool.

Kukutenla:

Oddity??

And what do you mean by pwr access? Does Ivory Coast have more population and land mass than Nigeria? Do they have a more robust power mix?

Oga, I'm not having any more discussion with you.

You have won for today. As for me, things cost money. If we want good power supply, we have to charge cost reflective tarrifs

We can agree to disagree here.

Good evening. If you like, keep on being abusive. That is why I don't like discussing with you.


Modified

One more thing....it does not matter at the end what happens in other countries....NIgerian power sector needs to be run profitably to supply us with power 24/7. If it means high tarrif, so be it. You can yell at me and call me liar, but this one is true.

The experts even say it

Toodles.