₦airaland Forum

EyeCumInPeace:
Tinubu should just return fuel price to where he met it, and save Nigeria from anarchy.

nairalanda1:
If you want anarchy of the type that results from government not even having money for looters to steal....make tinubu subsidise fuel to N100 per liter.

You go enjoy for a few months, meanwhile, the resultant debt would be gathering and gathering...until one day, there would be zero revenue for anything. And there still would be massive debt to pay, resulting for the subsidy

I no dey defend APC, I had my eyes opened in 2011, after I saw why GEJ removed subsidy...and make I tell you I am not also PDP fan, or GEJ fan. But when GEJ was spending thrice on subsidy in 2011 what he spent in 2010, due to rising crude oil prices making cost of refining high, meaning subsidy costs high....wahala dey.

Yes, why did they not fix refinereis...? Because the only way for refinery to work is by allowing petrol to be sold at market price...that is why Niger and Ghana who produce crude have working refineries. No effing investor go invest in refinery wey go dey refine fuel at N1000 sell am below N200 in the name of helping the poor. Subaisy money self...government go pay today, next month dem go do shakara for you. That is how we lost our NNPC refineries, when government was skimping on TAM to make subsidy costs cheap, and when money was being poured down a hole to make things worse.

And yes, Dangote can build refinery because he got loans. If he fails to pay back those loans because baba blue dey beg am sell fuel at N200 per liter to help the poor...wetin go happen next...the banks will take over all his lucrative investments elsewhere and pay back their loans. Nothing for Alhaji Aliko at all.

Look, this thing is not about PDP or APC, or whether you supproterd Bulabu and baba tinubu at 2012, or supported GEJ in 2012, or whether you hate poor or love poor. We are in debt from the subsidy, government has even forced CBN to increase debt ceiling aka ways and means to pay for the subsidy it is keeping, and if it agrees to ya demand, the amount of loans taken will go up, and up, as oil becomes more expensive because of rising costs of refining, and because naira is falling thanks to the high level we spend on debts.

How bad is it...Tinubu's partial removal is why we are not spending 150 PER CENT On debt right now.


Yes, we are poor, yes, if fuel costs N1500, beans will cost 1000000 per bag, yes, apc is evil, yes, tinubu must go....but if we subsidise fuel at N200 per liter, we are just bringing upon ourselves the kind of economic anarchy that would make today's protests look like IKorodu bois script.

And yes, you can abuse me, but here we are. Cheap fuel always ends up being paid for in debt. Even countries like Iran that are managing working refineries and fuel subsidy, their debt dey look them like one jealous wife dey look her husband when she has found out about his side chick. And make we no forget Venezuela...sell fuel at N40, lose 18 billion dollars to smuggling alone.

NzogbuNzogbu:
you and tinubu that have become enemies of this country would be the one to leave las las

shebi that enemy of state Buhari have ran to niger

slimfit1:
The use of Russian flat is just another way of saying they want military take over.

press9jatv:
and big fat lie. Tinubu government is been destroyed by the sets of clueless bad advisers like you here. I only pity Tinubu government if he didn’t do the needful by reducing the hardships in Nigeria. Military will take over government from him. Even the military is been bitten by the hardships in Nigeria 🇳🇬

slimfit1:
The use of Russian flat is just another way of saying they want military take over.

sterlingD:
But how and why?

lebete3000:
Na the military take over wey dem want dem see so na, military don use teargas take over.

Useless people that could endure Buhari 's cluelessness and stark ineptitude for 8yrs, but now suddenly remember they're freedom fighters and waving one useless flag.

Thunder faya all of them insha allah, amin

Chinkoalhaji34:
Another day, another drama.

So these ones think waving Russian flags will change anything?

Peter Obi's fans must be so proud of this display of confusion.

Na only mischief makers dey carry such flags for Nigeria.

This na just a way to distract us from real issues.

onuman:

If they used Russian flags like that in the southeast, by now, Fulani-led Nigeria Armed forces would be shelling and bombing in Igboland. End this Animal Farm called Nigeria now.

slimfit1:
Well they are the true Nigerian the rest of us are subordinate.

nairalanda1:
If you want anarchy of the type that results from government not even having money for looters to steal....make tinubu subsidise fuel to N100 per liter.

You go enjoy for a few months, meanwhile, the resultant debt would be gathering and gathering...until one day, there would be zero revenue for anything. And there still would be massive debt to pay, resulting for the subsidy

I no dey defend APC, I had my eyes opened in 2011, after I saw why GEJ removed subsidy...and make I tell you I am not also PDP fan, or GEJ fan. But when GEJ was spending thrice on subsidy in 2011 what he spent in 2010, due to rising crude oil prices making cost of refining high, meaning subsidy costs high....wahala dey.

Yes, why did they not fix refinereis...? Because the only way for refinery to work is by allowing petrol to be sold at market price...that is why Niger and Ghana who produce crude have working refineries. No effing investor go invest in refinery wey go dey refine fuel at N1000 sell am below N200 in the name of helping the poor. Subaisy money self...government go pay today, next month dem go do shakara for you. That is how we lost our NNPC refineries, when government was skimping on TAM to make subsidy costs cheap, and when money was being poured down a hole to make things worse.

And yes, Dangote can build refinery because he got loans. If he fails to pay back those loans because baba blue dey beg am sell fuel at N200 per liter to help the poor...wetin go happen next...the banks will take over all his lucrative investments elsewhere and pay back their loans. Nothing for Alhaji Aliko at all.

Look, this thing is not about PDP or APC, or whether you supproterd Bulabu and baba tinubu at 2012, or supported GEJ in 2012, or whether you hate poor or love poor. We are in debt from the subsidy, government has even forced CBN to increase debt ceiling aka ways and means to pay for the subsidy it is keeping, and if it agrees to ya demand, the amount of loans taken will go up, and up, as oil becomes more expensive because of rising costs of refining, and because naira is falling thanks to the high level we spend on debts.

How bad is it...Tinubu's partial removal is why we are not spending 150 PER CENT On debt right now.


Yes, we are poor, yes, if fuel costs N1500, beans will cost 1000000 per bag, yes, apc is evil, yes, tinubu must go....but if we subsidise fuel at N200 per liter, we are just bringing upon ourselves the kind of economic anarchy that would make today's protests look like IKorodu bois script.

And yes, you can abuse me, but here we are. Cheap fuel always ends up being paid for in debt. Even countries like Iran that are managing working refineries and fuel subsidy, their debt dey look them like one jealous wife dey look her husband when she has found out about his side chick. And make we no forget Venezuela...sell fuel at N40, lose 18 billion dollars to smuggling alone.

CodeTemplar:
No. Tinubu is extending the Buhari pattern into the second unborn generation. He isnt reversing anything.
Buhari borrowed to execute projects that cant repay their cost and pay salary in his bid to spend his way out of recession. Tinubu is doing same in principle by embarking on redundant mega projects and salary increase without layoff of idlers.

nairalanda1:
If you want anarchy of the type that results from government not even having money for looters to steal....make tinubu subsidise fuel to N100 per liter.

You go enjoy for a few months, meanwhile, the resultant debt would be gathering and gathering...until one day, there would be zero revenue for anything. And there still would be massive debt to pay, resulting for the subsidy

I no dey defend APC, I had my eyes opened in 2011, after I saw why GEJ removed subsidy...and make I tell you I am not also PDP fan, or GEJ fan. But when GEJ was spending thrice on subsidy in 2011 what he spent in 2010, due to rising crude oil prices making cost of refining high, meaning subsidy costs high....wahala dey.

Yes, why did they not fix refinereis...? Because the only way for refinery to work is by allowing petrol to be sold at market price...that is why Niger and Ghana who produce crude have working refineries. No effing investor go invest in refinery wey go dey refine fuel at N1000 sell am below N200 in the name of helping the poor. Subaisy money self...government go pay today, next month dem go do shakara for you. That is how we lost our NNPC refineries, when government was skimping on TAM to make subsidy costs cheap, and when money was being poured down a hole to make things worse.

And yes, Dangote can build refinery because he got loans. If he fails to pay back those loans because baba blue dey beg am sell fuel at N200 per liter to help the poor...wetin go happen next...the banks will take over all his lucrative investments elsewhere and pay back their loans. Nothing for Alhaji Aliko at all.

Look, this thing is not about PDP or APC, or whether you supproterd Bulabu and baba tinubu at 2012, or supported GEJ in 2012, or whether you hate poor or love poor. We are in debt from the subsidy, government has even forced CBN to increase debt ceiling aka ways and means to pay for the subsidy it is keeping, and if it agrees to ya demand, the amount of loans taken will go up, and up, as oil becomes more expensive because of rising costs of refining, and because naira is falling thanks to the high level we spend on debts.

How bad is it...Tinubu's partial removal is why we are not spending 150 PER CENT On debt right now.


Yes, we are poor, yes, if fuel costs N1500, beans will cost 1000000 per bag, yes, apc is evil, yes, tinubu must go....but if we subsidise fuel at N200 per liter, we are just bringing upon ourselves the kind of economic anarchy that would make today's protests look like IKorodu bois script.

And yes, you can abuse me, but here we are. Cheap fuel always ends up being paid for in debt. Even countries like Iran that are managing working refineries and fuel subsidy, their debt dey look them like one jealous wife dey look her husband when she has found out about his side chick. And make we no forget Venezuela...sell fuel at N40, lose 18 billion dollars to smuggling alone.

onuman:
Only teargas? If the Russian flags were waved like that in Igboland, Nigeria armed forces led by Hausa-Fulani would have been shelling and bombing Igboland by now.
This Animal farm must go down.

onuman:

If they used Russian flags like that in the southeast, by now, Fulani-led Nigeria Armed forces would be shelling and bombing in Igboland. End this Animal Farm called Nigeria now.

Pacesetter123:
Since I joined Nairaland many years ago,this is the most useless and senseless comment/analysis I have ever read.

EyeCumInPeace:
Tinubu should just return fuel price to where he met it, and save Nigeria from anarchy.

zaller:
All this grammer wey you dey talk. you never talk of extravagant cost of governance. with the one wey polithiefcians they steal go invest for abroad. na the small subsidy wey poor man they enjoy you the envy

EyeCumInPeace:
Tinubu should just return fuel price to where he met it, and save Nigeria from anarchy.

EyeCumInPeace:
Tinubu should just return fuel price to where he met it, and save Nigeria from anarchy.

anonymous1759:
When Buhari was borrowing to pay salaries your likes said he’s mortgaging the future of the unborn generations, Tinubu has decided that the unborn generations should enjoy while their parents pay the ultimate prize stop complaining.

YoungLionken:
We're keeping records of those who are fighting for a better tomorrow in Nigeria. Nobody should claim victimization tomorrow, when they don't gain relevance in government and otherwise, because, it is a criminal act, trying to reap where you didn't sow...