₦airaland Forum

dallyemmy:
I don't speak for the government. However, you fact check the exchange rate of Nigeria compare to our neighbours. Then you can make your inference why it's a good business for the smugglers. Have a great day!

that is not what I asked you. since you have checked the exchange rate, then you should have no issues answering the questions.

Is this the first time that the naira is being devalued?

If devaluation is the reason for fuel being smuggled to neighbouring countries, how come the government has always said the reason for smuggling is because the price is low and needs to be increased?

If devaluation is the problem, how does government deliberately devalue the naira knowing the consequences it will have in terms of smuggling?

We should stop deceiving ourselves with this story of smuggled fuel.
I've told people before and I'm glad Punch corroborated it, the fuel moving through the borders is negligible. To claim Niger and Benin Republic are feeding fat on cheap fuel from Nigeria is a big fat lie. No tanker can move fuel across the border. What is mostly used are cars and in foot and even those go in very small numbers because of the risk involved. Besides that, if you combine the number of cars, motorcycles and other vehicles in the three main countries bordering Nigeria together, it is not up to half of the vehicles in Nigeria.
That's besides the fact that more Nigerians use generators than those who have cars.
So this excuse of smuggled fuel causing scarcity is bollocks on my opinion

lexy2014:
By gates of an abode, blessed,
A man stood, asking for donation,
A beggar, cruelly oppressed
By hunger, thirst and deprivation.

He asked just for a piece of bread,
And all his looks were full of anguish,
And was a cold stone laid
Into his stretched arm, thin and languished.

Thus I prayed vainly for your love,
With bitter tears, pine and fervor,
Thus my best senses, that have thrived,
Were victimized by you forever!

Wow, a lovely poem by Lermotov. Did not know you wuved his poetry

lexy2014:
How is taking advantage of the suffering of Nigerians and breaking the law to enrich yourself being smart?

Because that's what the government do too.

lexy2014:
Don’t trust in self, my dreamer young, don’t trust,
Beware, like ulcers, inspiration…
It is the heavy fit of your unhealthy heart,
Or jailed ideas’ irritation.
Don’t seek in inspiration Heaven’s stuff:
That’s your blood boils or powers you over!
Let troubles fast extinguish all your life,
Let poisoned drink be outpoured!

Could you, sometimes, in any sacred flash,
Find in your soul, mute for years,
The spring that is unknown yet and fresh,
And full of thoughts, so simple and so dear?
Don’t hark at them nor trust in them a slight,
Just put on them forgetfulness – a curtain:
You’ll not be able to translate them right
By icy words and by a meter certain.

Whether pine creeps into your soul’s deeps,
Or enters passion with its tempests --
Don’t come then at the noisy feasts of peoples
With your girlfriend in utter madness.
Do not abase yourself. Be shameful of the trade
With wrath or with observant sadness,
And of your soul wounds’ disparaging parade
To shock the simple-hearted masses.

Why must we know that you suffer else,
Or ever have some kind of agitation,
The silly hopes of the early years,
And bad remorse of your reflections?
Behold: before yourself, the crowd easy sails
Along the road that well wears,
Their festive faces have the easy troubles’ trace
And have not any shameful tears.

But, by the way, there’s not a person, single,
Not mauled by a cruel action,
Who had been covered with the early wrinkles,
Without crime or deprivation!
Be sure, they’ll ever scorn your laments and your pricks,
With your tune, learned by heart and stoned,
Like a tragic actor with the rouged cheeks,
Waving a sable of cardboard.

And another poem from Lermotov....

lexy2014:
I want to live; I crave for sadness -
Against my bliss and love, in truth;
They sank my mind in idle gladness
And made my brow very smooth.

It's time for high life's derogation
To blow away the hazy peace;
What is bard's life, void of desolation?
And what are void of tempests seas?

He wants a life that burns and wounds,
The life in which it's hard to be.
He buys the Holly Heaven's sounds,
He doesn't take his fame for free.

The gift that keeps giving...

Tell your president to make our refineries work

nairalanda1:


It is simple.

1. Fuel costs below N1000 here

2. Fuel costs above N1000 over there. Even in NIger, with the recent reduction, fuel costs N1400 per liter

3. Naturally, smuggling would result. And let's be honest, it is not only big people doing it, even the small ordinary Nigerian would carry a 50 liter jerrycan of fuel across the border, and sell it, and come back with a big enough profit to bribe customs, and still have enough left over.

4. We don't have fuel, because government is struggling to pay the subsidy on fuel. Right now we owe fuel exporters lots of money, we are struggling to even pay the NNPC shortfall, and NNPC is now raiding the dividends to pay off its own shortfall.

5. And yet, Nigerians keep asking for cheap fuel

It is our desire to have N40 fuel that is causing this, people. And it is high time we woke up and realized fuel cannot be cheap, and totally removed subsidy.

Yet, anyone suggesting this now is apparently agbado, even if they have never voted for tinubu or never liked the man (I have not liked tinubu since 2005, when Gani first raised the questions about his certificate then)....

But it is obvious subsidy, even at tinubu level is not sustainable.

The only way to stop smuggling is to TOTALLY REMOVE SUBSIDES. Yes, fuel would cost N1500 per liter, and yes, Agbado people brought hardship to NIgeria, and yes NIgeria needs to divide, and bla bla bla

But you cannot sell at a loss and not expect issues.

And if you think NIgeria is the only country with this issue....

1. LIbya has a severe smuggling problem, to the point that smuggliers are being bombed by the LIbyan air force

2. Saudi has a smuggling problem with Yemen, which they are finding hard to fight

3. Iran has issues on the border with Pakistan. Iranian fuel is being smuggled into Pakistan well well. Subaisy

4. Venezuela has a massive smuggling problem. Same thing happening here. They lost 18 bn dollars to smuggling one year.


See the benefits of subsidy


Yet somehow, we want something that costs over N1000 to make to be sold at N200 or less because 'poverty'

We better wake up folks.

underpinna:
Because that's what the government do too.

I didnt ask you what government does or does not do.

How is taking advantage of the suffering of Nigerians and breaking the law to enrich yourself being smart?

lexy2014:
By gates of Eden, Angel, gentle,
Shone with his softly drooped head,
And Demon, gloomy and resentful
Over the hellish crevasse flapped.

The spirit of qualm and negation
Looked at another one – of good,
And fire of the forced elation
First time he vaguely understood.

“I’ve seen you,” he enunciated, -
“And not in vain you’ve sent me light:
Not all in heaven I have hated,
Not all in world I have despised.”

Pushkin

WOW.

nairalanda1:


It is simple.

1. Fuel costs below N1000 here

2. Fuel costs above N1000 over there. Even in NIger, with the recent reduction, fuel costs N1400 per liter

3. Naturally, smuggling would result. And let's be honest, it is not only big people doing it, even the small ordinary Nigerian would carry a 50 liter jerrycan of fuel across the border, and sell it, and come back with a big enough profit to bribe customs, and still have enough left over.

4. We don't have fuel, because government is struggling to pay the subsidy on fuel. Right now we owe fuel exporters lots of money, we are struggling to even pay the NNPC shortfall, and NNPC is now raiding the dividends to pay off its own shortfall.

5. And yet, Nigerians keep asking for cheap fuel

It is our desire to have N40 fuel that is causing this, people. And it is high time we woke up and realized fuel cannot be cheap, and totally removed subsidy.

Yet, anyone suggesting this now is apparently agbado, even if they have never voted for tinubu or never liked the man (I have not liked tinubu since 2005, when Gani first raised the questions about his certificate then)....

But it is obvious subsidy, even at tinubu level is not sustainable.

The only way to stop smuggling is to TOTALLY REMOVE SUBSIDES. Yes, fuel would cost N1500 per liter, and yes, Agbado people brought hardship to NIgeria, and yes NIgeria needs to divide, and bla bla bla

But you cannot sell at a loss and not expect issues.

And if you think NIgeria is the only country with this issue....

1. LIbya has a severe smuggling problem, to the point that smuggliers are being bombed by the LIbyan air force

2. Saudi has a smuggling problem with Yemen, which they are finding hard to fight

3. Iran has issues on the border with Pakistan. Iranian fuel is being smuggled into Pakistan well well. Subaisy

4. Venezuela has a massive smuggling problem. Same thing happening here. They lost 18 bn dollars to smuggling one year.


See the benefits of subsidy


Yet somehow, we want something that costs over N1000 to make to be sold at N200 or less because 'poverty'

We better wake up folks.

na wah ooo Jesus . Jesus . What happened to having up to 5 refineries?

lexy2014:
I didnt ask you what government does or does not do.

How is taking advantage of the suffering of Nigerians and breaking the law to enrich yourself being smart?

And I just replied you.

lexy2014:
Another lame excuse.

Is this the first time that the naira is being devalued?

If devaluation is the reason for fuel being smuggled to neighbouring countries, how come the government has always said the reason for smuggling is because the price is low and needs to be increased?

If devaluation is the problem, how does government deliberately devalue the naira knowing the consequences it will have in terms of smuggling?

Another lame excuse.

Is this the first time that the naira is being devalued?

If devaluation is the reason for fuel being smuggled to neighbouring countries, how come the government has always said the reason for smuggling is because the price is low and needs to be increased?

If devaluation is the problem, how does government deliberately devalue the naira knowing the consequences it will have in terms of smuggling?

lexy2014:
How is taking advantage of the suffering of Nigerians and breaking the law to enrich yourself being smart?

Good question for the apc supporters....

nairalanda1:


It is simple.

1. Fuel costs below N1000 here

2. Fuel costs above N1000 over there. Even in NIger, with the recent reduction, fuel costs N1400 per liter

3. Naturally, smuggling would result. And let's be honest, it is not only big people doing it, even the small ordinary Nigerian would carry a 50 liter jerrycan of fuel across the border, and sell it, and come back with a big enough profit to bribe customs, and still have enough left over.

4. We don't have fuel, because government is struggling to pay the subsidy on fuel. Right now we owe fuel exporters lots of money, we are struggling to even pay the NNPC shortfall, and NNPC is now raiding the dividends to pay off its own shortfall.

5. And yet, Nigerians keep asking for cheap fuel

It is our desire to have N40 fuel that is causing this, people. And it is high time we woke up and realized fuel cannot be cheap, and totally removed subsidy.

Yet, anyone suggesting this now is apparently agbado, even if they have never voted for tinubu or never liked the man (I have not liked tinubu since 2005, when Gani first raised the questions about his certificate then)....

But it is obvious subsidy, even at tinubu level is not sustainable.

The only way to stop smuggling is to TOTALLY REMOVE SUBSIDES. Yes, fuel would cost N1500 per liter, and yes, Agbado people brought hardship to NIgeria, and yes NIgeria needs to divide, and bla bla bla

But you cannot sell at a loss and not expect issues.

And if you think NIgeria is the only country with this issue....

1. LIbya has a severe smuggling problem, to the point that smuggliers are being bombed by the LIbyan air force

2. Saudi has a smuggling problem with Yemen, which they are finding hard to fight

3. Iran has issues on the border with Pakistan. Iranian fuel is being smuggled into Pakistan well well. Subaisy

4. Venezuela has a massive smuggling problem. Same thing happening here. They lost 18 bn dollars to smuggling one year.


See the benefits of subsidy


Yet somehow, we want something that costs over N1000 to make to be sold at N200 or less because 'poverty'

We better wake up folks.

So what happens if naira gains and cost of petrol falls below that of Niger and Benin. Do we still keep the cost high so as to discourage smuggling?

The billions of dollars spent to buy that tokunbo airbus Presido is flying should have bin used to repair all our refineries.

Abi is it that difficult for a country that is blessed with rich crude oyel not to have good and functioning refineries?

Why is our leaders not ready to make life easy for us nitori Olorun.

This issue is like someone that has well in his compound and still suffers to drinks from the well.

lexy2014:
O rose, thou art sick!
The invisible worm,
That flies in the night,
In the howling storm,

Has found out thy bed
Of crimson joy,
And his dark secret love
Does thy life destroy.

Wm Blake.

Hmmm....serious.

nairalanda1:


It is simple.

1. Fuel costs below N1000 here

2. Fuel costs above N1000 over there. Even in NIger, with the recent reduction, fuel costs N1400 per liter

3. Naturally, smuggling would result. And let's be honest, it is not only big people doing it, even the small ordinary Nigerian would carry a 50 liter jerrycan of fuel across the border, and sell it, and come back with a big enough profit to bribe customs, and still have enough left over.

4. We don't have fuel, because government is struggling to pay the subsidy on fuel. Right now we owe fuel exporters lots of money, we are struggling to even pay the NNPC shortfall, and NNPC is now raiding the dividends to pay off its own shortfall.

5. And yet, Nigerians keep asking for cheap fuel

It is our desire to have N40 fuel that is causing this, people. And it is high time we woke up and realized fuel cannot be cheap, and totally removed subsidy.

Yet, anyone suggesting this now is apparently agbado, even if they have never voted for tinubu or never liked the man (I have not liked tinubu since 2005, when Gani first raised the questions about his certificate then)....

But it is obvious subsidy, even at tinubu level is not sustainable.

The only way to stop smuggling is to TOTALLY REMOVE SUBSIDES. Yes, fuel would cost N1500 per liter, and yes, Agbado people brought hardship to NIgeria, and yes NIgeria needs to divide, and bla bla bla

But you cannot sell at a loss and not expect issues.

And if you think NIgeria is the only country with this issue....

1. LIbya has a severe smuggling problem, to the point that smuggliers are being bombed by the LIbyan air force

2. Saudi has a smuggling problem with Yemen, which they are finding hard to fight

3. Iran has issues on the border with Pakistan. Iranian fuel is being smuggled into Pakistan well well. Subaisy

4. Venezuela has a massive smuggling problem. Same thing happening here. They lost 18 bn dollars to smuggling one year.


See the benefits of subsidy


Yet somehow, we want something that costs over N1000 to make to be sold at N200 or less because 'poverty'

We better wake up folks.

Dis witchcraft is still in support of dis subsidy gone government.

underpinna:
And I just replied you.

Did I say you didn't reply?

I didnt ask you what government does or does not do.

How is taking advantage of the suffering of Nigerians and breaking the law to enrich yourself being smart?

nairalanda1:
SO, government should spend over N1000 per liter so that you can have fuel at N40 per liter then?

The issue is, your government is not able to keep up the subsidy, and is going into debt keeping fuel at N700 and below.

For me it is kind of choose your poision.

1. Keep subsidy, even reduce prices to N200 or less per liter, and the resulting deficit eats our forex earnings, and drives us into debt and penilessness until Sri Lanka level is attained.

2. Remove subsidy, yes hyperinflation for some time, but we eventually get more domestic refining, more investment, and could even become an exporter of refined products, meaning our economy benefits (We won't have a good economy...until we industrialize and become an exporter of manufactured goods and services tho...that's another discussion).

2 IS the least worst option.

NO one likes subsidy removal...but for donkey years we have subsidised fuel...and electricity, and at the end, we have gotten nothing out of it. TIme to try something new. We have been warned about this since 1993, and especially in 2012, when we had the last chance to remove subsidy painlessly.

Clearly, you are in government or probably are among the lucky few that aren't really shaken by the economy.

The common man on the street can't buy common necessities while the government lives in opulence, your submission while true lacks empathy for the average Nigerian who have done nothing wrong and apathy for the government who single handedly drove us to this current mess.

nairalanda1:
Good question for the apc supporters....

Who are the apc supporters?

nairalanda1:
Nope, it is because govt are still subsidising fuel.

As a result, fuel prices are below what it should really cost. The result..smuggling.

The same issues with currency are happening in other west african countries....Ghana too has issues for example.

Why is govt subsidising fuel? That's the question you should answer.
If you want fuel to sell at 1500 per litre, then you should advocate for minimum wage of 375k cause that's the equivalent for a buoyant economy
Even MTN is complaining if cost of diesel recently and asking to increase tariff or did you miss the news?

Marvyx:
Clearly, you are in government or probably are among the lucky few that aren't really shaken by the economy.

And clearly you are a rich man with 10 billion dollars in your account, five beauty queen wives, and twenty beauty queen side chicks, and fifty kids.

The common man on the street can't buy common necessities while the government lives in opulence, your submission while true lacks empathy for the average Nigerian who have done nothing wrong and apathy for the government who single handedly drove us to this current mess.

Yes, I agree with you, but the reality is, keeping subsides is not going to help the common man long term. Free market polices would help the common man by more jobs, more money especially the money bit...which can be taxed for welfare for the poor common man.

Subsidy going is a key part.

felixtare:
Dis witchcraft is still in support of dis subsidy gone government.

I guess you said the same in 2012, when I started supporting subsidy removal too...

You guys, make up your minds!

nairalanda1:


It is simple.

1. Fuel costs below N1000 here

2. Fuel costs above N1000 over there. Even in NIger, with the recent reduction, fuel costs N1400 per liter

3. Naturally, smuggling would result. And let's be honest, it is not only big people doing it, even the small ordinary Nigerian would carry a 50 liter jerrycan of fuel across the border, and sell it, and come back with a big enough profit to bribe customs, and still have enough left over.

4. We don't have fuel, because government is struggling to pay the subsidy on fuel. Right now we owe fuel exporters lots of money, we are struggling to even pay the NNPC shortfall, and NNPC is now raiding the dividends to pay off its own shortfall.

5. And yet, Nigerians keep asking for cheap fuel

It is our desire to have N40 fuel that is causing this, people. And it is high time we woke up and realized fuel cannot be cheap, and totally removed subsidy.

Yet, anyone suggesting this now is apparently agbado, even if they have never voted for tinubu or never liked the man (I have not liked tinubu since 2005, when Gani first raised the questions about his certificate then)....

But it is obvious subsidy, even at tinubu level is not sustainable.

The only way to stop smuggling is to TOTALLY REMOVE SUBSIDES. Yes, fuel would cost N1500 per liter, and yes, Agbado people brought hardship to NIgeria, and yes NIgeria needs to divide, and bla bla bla

But you cannot sell at a loss and not expect issues.

And if you think NIgeria is the only country with this issue....

1. LIbya has a severe smuggling problem, to the point that smuggliers are being bombed by the LIbyan air force

2. Saudi has a smuggling problem with Yemen, which they are finding hard to fight

3. Iran has issues on the border with Pakistan. Iranian fuel is being smuggled into Pakistan well well. Subaisy

4. Venezuela has a massive smuggling problem. Same thing happening here. They lost 18 bn dollars to smuggling one year.


See the benefits of subsidy


Yet somehow, we want something that costs over N1000 to make to be sold at N200 or less because 'poverty'

We better wake up folks.

Shut up olodo

subsidy is gone

Did Tinubu or FG tell you they're paying Subsidy.. show us or know you are forever foolish

What's the job of the customs and immigration handled by the yorubas ..
To oversee smuggling at the Nigerian borders

You are the problem of this country
no one else

Kukutenla:
So what happens if naira gains and cost of petrol falls below that of Niger and Benin. Do we still keep the cost high so as to discourage smuggling?

You end up being married to a beauty queen, that's what.

Emvicprints1:
na wah ooo Jesus . Jesus . What happened to having up to 5 refineries?

They can't work well, unless the government says the magic word....subsidium prorsus remotum est

Works every time, dear lad.

tejumorelar:
Tell your president to make our refineries work

NO can do. Refineries cannot work until the government obeys the god of the free market and the goddess of the imf...and does as they have revealled unto them

Their refusal to do so is why we suffer so from their punishments...or consequences of sinning against them

I would offer them ten cows if I was you...

nairalanda1:
SO, government should spend over N1000 per liter so that you can have fuel at N40 per liter then?

The issue is, your government is not able to keep up the subsidy, and is going into debt keeping fuel at N700 and below.

For me it is kind of choose your poision.

1. Keep subsidy, even reduce prices to N200 or less per liter, and the resulting deficit eats our forex earnings, and drives us into debt and penilessness until Sri Lanka level is attained.

2. Remove subsidy, yes hyperinflation for some time, but we eventually get more domestic refining, more investment, and could even become an exporter of refined products, meaning our economy benefits (We won't have a good economy...until we industrialize and become an exporter of manufactured goods and services tho...that's another discussion).

2 IS the least worst option.

NO one likes subsidy removal...but for donkey years we have subsidised fuel...and electricity, and at the end, we have gotten nothing out of it. TIme to try something new. We have been warned about this since 1993, and especially in 2012, when we had the last chance to remove subsidy painlessly.

We have tried subsidy removal more than six times, the last being May 29, 2023. How come all these your no. 2 never materialised.
In the midst of subsidy, we now have Dangote refinery and more indigenous downstream companies so what investment are you talking about again?

And what economic theory says more domestic refining will tame hyperinflation or do you just use words you don't know the meaning

Kukutenla:
We have tried subsidy removal more than six times, the last being May 29, 2023.

But as you know, that in itself is a lie.

You would do better to marry a beauty queen, young sire.

nairalanda1:
Yes, because most people on this site tend to think that removing subsidy makes one an oppressor. They don't see the long term benefits.

I was convinced of subsidy removal under GEJ. Note that I regard the main political parties with the same level of suspicion, yet when good points are made by the government sometimes, I listen, and in 2012, I listened, and my eyes were opened.

What are the long term benefits of subsidy removal? More local refining? We already have the largest refinery in Africa with more coming up so what else is there to gain?
Quit the lies abeg

zombieHUNTER:
Shut up olodo

Harsh words, my dear young succubus.

subsidy is gone

A lie from APC to decieve the IMF, and people like you.

Did Tinubu or FG tell you they're paying Subsidy.. show us or know you are forever foolish

Those who refuse to see, let them marry eulalia and the lorelei

What's the job of the customs and immigration handled by the yorubas ..
To oversee smuggling at the Nigerian borders

Well, you should also ask the venezuelans, saudis, iranians, angolans, and several other countries..e.xpefially lIBYA where the problem is so bad they even use jet fighters on their smugglers

Osmosis is a great priniciiple, dear succubus.

You are the problem of this country
no one else

And now you are calling me a very powerful spirit entitiy. I did not know you were afraid of me, dear young succubus.

Now go in my name and wring humans dry!