₦airaland Forum

fawaz050:
That means Nigerians did not vote for Peter Obi and the election was not rigged, right?

ask inec and yakubu?

pansophist:
The rule of life is pretty straightforward.

Suppose you know your brother to be incompetent but due to your nepotistic tendencies, prejudice for others, or selfish gains choose to put him there. In that case, that will not exempt you from the suffering that arose from his competence.

Enjoy your renewed hope, or to better put, ''renewed shege''.

On his mandate I stand strongly till 2031, he must complete his "ate" years

Treadway:
where did they see ways and means that they now say is causing inflation. Did you get the memo when they got it back then in real time?

I'd say keep building your strawman..in time you, me, we will all know how they are plugging the hole, just like we all now know about the ways and means fiasco. ..but then again you may even still be willfully oblivious to even the quoted ways and means fiasco🤷

ok

Lemme know when you are ready to answer my question.

lastmessenger:
This tinubu just came to make things worst for Nigerians.
This man is a curse on Nigerians for seeing light and choosing darkness

See this ANIMAL capping nonsense! Your family fit buy petrol at +#1000? Good for nothing MKPURU MIRI smoker

gideonvalor98:
See this ANIMAL capping nonsense! Your family fit buy petrol at +#1000? Good for nothing MKPURU MIRI smoker

I guess your mother is that female dog that strayed away and got fuuujucked

TimeManager:
What's the point of this repeated news?. If you believe the costs of fuel is higher, then go import your own fuel and sell it at higher price and make profits. NNPCL says there's no more subsidy, i don't think any sensible individual should be bitter about that.

-Kiss the truth!

Oga, even if you go school under tree you should know that BAT is still paying huge subsidy.

NinjaMetahuman:
ok

Lemme know when you are ready to answer my question.

lucky me, lucky you....we didn't even need to wait so long ki ifa to fi idi oro mule🤣🤣🤣

your question was answered in full by your Finance Minister yesterday.

Now that your finance minister has spelled it out to you lot very slowly so y'all can hopefully assimilate fragments of the details of how they intend to 'plug the hole' with an estimated budget of 5.4trn, I have no more use for this drab convo.

Relate with Edun and your other captors directly.

Government paid for subsidy with ₦366 billion monthly and fuel was ₦145 per litre in 2022.

Fast forward to 2024 Government is paying for subsidy with over ₦800 billion per month and fuel is around ₦1,000 per litre.

Paying more subsidy + punishing Nigerians with high fuel cost.

Abeg make somebody reconcile the first two paragraphs above. And in their words "Subsidy is gone". Nigerians, una sorry o, you have entered and there's no begging. Let the fittest survive

Treadway:
lucky me, lucky you....we didn't even need to wait so long ki ifa to fi idi oro mule🤣🤣🤣

your question was answered in full by your Finance Minister yesterday.

Now that your finance minister has spelled it out to you lot very slowly so y'all can hopefully assimilate fragments of the details of how they intend to 'plug the hole' with an estimated budget of 5.4trn, I have no more use for this drab convo.

Relate with Edun and your other captors directly.

intend?

I thought you are so sure that they have been paying billions for subsidy? What do you mean intend again? Do you know what intend means?

You won't even come back to this conversation if you have any shame

I literally told you that it will be illegal and practically impossible for any president to pay any form of subsidy without budget.

You said no, they are paying from tinubu's pocket, only to come back gloat over what exactly?
Gloat over the fact that they intend to pay subsidy that they are yet to pay but claim they have been paying?

NinjaMetahuman:
intend?

I thought you are so sure that they have been paying billions for subsidy? What do you mean intend again? Do you know what intend means?

You won't even come back to this conversation if you have any shame

I literally told you that it will be illegal and practically impossible for any president to pay any form of subsidy without budget.

You said no, they are paying from tinubu's pocket, only to come back gloat over what exactly?
Gloat over the fact that they intend to pay subsidy that they are yet to pay but claim they have been paying?

NinjaMetahuman:
first off, no. It's not about basic math, if is it's, petrol price will be the same world wide.
Price varies based on past deals and infrastructure or distance to move petrol around.

Secondly, only nnpc can tell you the actual landing cost, not newspaper.

3rdly, price of fuel varies nationwide. It's not uniform.

Fourthly, nnpc is not the sole importer of petrol anymore, but people continue to buy from nnpc because they already have the infrastructure and to get decent landing cost which other importers cannot compete with but newspapers keep announcing landing costs for competitions.


Fifthly and the most important; You can't pay subsidy worth billions without putting it in budget for approval of Senate. Not only will that be illegal, billions of naira is not going to come from thin air, it has to come from somewhere? Question is where?

because they have cleverly tagged subsidy as under-recovery.

With just a little intelligence, one can guess they are simply importing at a huge loss and plugging the gaping hole consequent from that with/from other sources, basically just buying time till Dangote comes on stream and they hands off.

And of course they know Nigerians will never unite to ask questions, cos some folks will take it upon themselves to blindly defend the craziness FOC.

Read that slowly.

Go argue about the word intend till infinity with Edun.

Simple logical deductions from prices of diesel which has also been deregulated should make it clear to anyone with some intelligence what is what. They are not recovering full costs cos it is just common sense which is clearly uncommon, and they will plug the hole somehow, and you will read it in bold print font size 32 on the 7pm news sbortly, since logic isn't your forte and you really truly need everything to be spelt out slowly.

Pele ti e.

Treadway:
because they have cleverly tagged subsidy as under-recovery.

With just a little intelligence, one can guess they are simply importing at a huge loss and plugging the gaping hole consequent from that with/from other sources, basically just buying time till Dangote comes on stream and they hands off.

And of course they know Nigerians will never unite to ask questions, cos some folks will take it upon themselves to blindly defend the craziness FOC.

Read that slowly.

Go argue about the word intend till infinity with Edun.

Simple logical deductions from prices of diesel which has also been deregulated should make it clear to anyone with some intelligence what is what. They are not recovering full costs cos it is just common sense which is clearly uncommon, and they will plug the hole somehow, and you will read it in bold print font size 32 on the 7pm news sbortly, since logic isn't your forte and you really truly need everything to be spelt out slowly.

Pele ti e.

Fifthly and the most important; You can't pay subsidy worth billions without putting it in budget for approval of Senate. Not only will that be illegal, billions of naira is not going to come from thin air, it has to come from somewhere? Question is where?

When you are ready, you will read this post 1 billion times.

Minister of petroleum - we are not paying any subsidy
President - subsidy is gone because there is no provision for it in the budget.

An Internet clown that read about landing cost without knowing what it means - yep they are definitely paying.


Dude. No more quotes from me abeg.

lastmessenger:
I guess your mother is that female dog that strayed away and got fuuujucked

Your mother is a cheerful giver, no wonder different men are fathering her children.

gideonvalor98:
Your mother is a cheerful giver, no wonder different men are fathering her children.

is obvious you don't know your father

NinjaMetahuman:
what is under recovery?

They will be spending over 500 billion unbudgeted money?

Nnpc didn't declare any loss worth trillions in last fiscal year?
Because the so called unofficial subsidy plus operational costs will cost them biggest loss in the history of the country worth trillions.

So the question you have failed to answer, where is the money coming from?
If nnpc is importing at a loss, where are they seeing the money they keep using to import more?

If you are importing rice, and you are selling at a loss, and you already have budgets for your other financial dealings, where is the money you are throwing around coming from? Magical thin air?

just thought to update you, since you are committed to only taking in byte sized info on a spoon, and not the 'complicated' stuff like the rest of us. The new term is shortfall, no longer subsidy or under-recovery.

Jokers and their supporting national team..🤣

Smh

https://www.nairaland.com/8190461/nnpc-selling-petrol-half-landing

https://www.thecable.ng/nnpc-we-are-selling-petrol-at-half-the-landing-cost-but-it-is-not-subsidy/amp/

Treadway:
just thought to update you, since you are committed to only taking in byte sized info on a spoon, and not the 'complicated' stuff like the rest of us. The new term is shortfall, no longer subsidy or under-recovery.

Jokers and their supporting national team..🤣

Smh

https://www.nairaland.com/8190461/nnpc-selling-petrol-half-landing

https://www.thecable.ng/nnpc-we-are-selling-petrol-at-half-the-landing-cost-but-it-is-not-subsidy/amp/

Again, for the 100 billionth time.

NNPC told you they are not paying subsidy, and they have maintained their stance. Their current statements correlate with what I have told you in the past about them having different deals and storage for fuel that those shouting "landing cost" don't have.

If you have proof that they are magically printing dollars from thin air to pay subsidy, contrary to NNPC's stance, present it.

I have told you several times that the government cannot pay a subsidy worth billions, running into trillions, that is not included in the budget or passed through the Senate. But you just want to believe your own delusions instead of common sense.

Every money the government spends has to come from somewhere, not thin air. If they are printing naira to subsidize, it's even plausible, but they cannot print dollars to subsidize petrol.