₦airaland Forum

This NNPC is a very shady company, after claiming they are not the sole offtakers, the minister has now confirmed them to be the sole off takers. Now they are claiming dangote is selling a liter to them at 898, is this another lie?

lexy2014:
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Forex was announced to be gaining....what did it gain and what is the benefit of that gaining to the man on the street?

What do you mean by "about getting stable"? What type of projection or reporting is that?

Is this government responsible for local refining or a single individual?

If you give the 1.2m barrels figure under buhari, why can't you give the figure of that shows that oil production is on the upswing?

How is naira stable? Did tinubu meet naira at N1600? What stability are you boasting about?

Was it not this same tinubu that said N200 to a dollar was unacceptable during Jonathan era?

How has he done better?

If you say "There is manifest stability on the macro level", can you tell me the stability that you say has MANIFESTED?

Pls which food inflation has been death with? How has it been dealt with?

Who dealt with it?

Who created the worst inflation that Nigerians are currently experiencing?

If you don't have facts to counter my posit......I equally wouldn't bother replying your incongruous questions.

Lithiumite:
The naira has been devalued simple, Nigeria isn't the first country to do so......do you even have any idea how dollar rates are determined.....past govts have been spending huge sums to defend the naira that's why you have been getting the seemingly low rates we had in this past but this low rates have been more of a disadvantage to our economy because we do not appreciable production capacity......low rates lead to high import demand for even things that has no value to the economy thereby encouraging consumerism.

The currency now devalued has discouraged importation and forcing more people to look inwards for local alternatives where necessary.....this will make imports more expensive and make exports cheaper there by encouraging production......so that 1,600 you see is actually the real value of the naira and not the artificial 450 u had been used to in the past.

Not expecting them to keep buying the Naira like the last administration did. But the hurriedly put together policies and reforms didn't cut it...

Lithiumite:
If you don't have facts to counter my posit......I equally wouldn't bother replying your incongruous questions.

Are you saying that there are no facts in your "posit"?

If what you said are facts, why do you need me to counter your facts except they are not facts?

If all you said are facts and not lies, then answering my questions should not be difficult for you....

Forex was announced to be gaining....what did it gain and what is the benefit of that gaining to the man on the street?

What do you mean by "about getting stable"? What type of projection or reporting is that?

Is this government responsible for local refining or a single individual?

If you give the 1.2m barrels figure under buhari, why can't you give the figure of that shows that oil production is on the upswing?

How is naira stable? Did tinubu meet naira at N1600? What stability are you boasting about?

Was it not this same tinubu that said N200 to a dollar was unacceptable during Jonathan era?

How has he done better?

If you say "There is manifest stability on the macro level", can you tell me the stability that you say has MANIFESTED?

Pls which food inflation has been death with? How has it been dealt with?

Who dealt with it?

Who created the worst inflation that Nigerians are currently experiencing?

Lithiumite:
The naira has been devalued simple, Nigeria isn't the first country to do so......do you even have any idea how dollar rates are determined.....past govts have been spending huge sums to defend the naira that's why you have been getting the seemingly low rates we had in this past but this low rates have been more of a disadvantage to our economy because we do not appreciable production capacity......low rates lead to high import demand for even things that has no value to the economy thereby encouraging consumerism.

The currency now devalued has discouraged importation and forcing more people to look inwards for local alternatives where necessary.....this will make imports more expensive and make exports cheaper there by encouraging production......so that 1,600 you see is actually the real value of the naira and not the artificial 450 u had been used to in the past.

.
Can you give figures to support your claim that naira devaluation has reduced importation?

Who are the biggest consumers of imported goods?

Is it the ordinary Nigerians or the rich thieving politicians who are in the minority?

[quote author=Neoteny post=132016299]Make your own refinery [/quot
You be mumu

Flangelo12:
You are from SE.

I'm sure you once claimed this refinery to be a scam.

Your claim is insignificant with the situation of things right now in Nigeria. The soul of this this country requires all Nigerians to work together for its rescue. It's not a fight between two useless tribes that'll fix it. Whether I'm from the SE or you are from the SW-- that's insignificant, our country needs help. People are committing suicide because of hardship. Leave tribalism alone. It won't help us.

Diesel was sold for around #1600 is now being sold for #1150 when Dangote began

samuelson06:
Your claim is insignificant with the situation of things right now in Nigeria. The soul of this this country requires all Nigerians to work together for its rescue. It's not a fight between two useless tribes that'll fix it. Whether I'm from the SE or you are from the SW-- that's insignificant, our country needs help. People are committing suicide because of hardship. Leave tribalism alone. It won't help us.

People committing suicide out of "hardship" are weak-minded.

There are many African teams with so much poverty yet they aren't killing themselves.

The average Nigerian thinks he has the right to prosperity.

No, you must work for it.

You must be creative.

No free lunch anywhere.

Flangelo12:
People committing suicide out of "hardship" are weak-minded.

There are many African teams with so much poverty yet they aren't killing themselves.

The average Nigerian thinks he has the right to prosperity.

No, you must work for it.

You must be creative.

No free lunch anywhere.

No one is asking for free lunch. All we are asking for is enabling environment. With all the hardship the government has caused, are people finding it easy to make money at all? Are there jobs? But prices of things keep rising on a daily basis. Do you prefer we all become poor? Is this how it used to be?

Great insight!

samuelson06:
No one is asking for free lunch. All we are asking for is enabling environment. With all the hardship the government has caused, are people finding it easy to make money at all? Are there jobs? But prices of things keep rising on a daily basis. Do you prefer we all become poor? Is this how it used to be?

You make your job.

No one would make jobs for you.

Flangelo12:
You make your job.

No one would make jobs for you.

Your boss is making the job of making jobs very very painful and excruciating.

Multinationals that have been operating for decades, some over 100years are folding up shutting down, packing and moving to neighbouring countries whose economies are stable.

Your hatred is borne out of the fact that your cry cry daddy lost the election. Wail from now till eternity....that can never change....

PBAT is solving the problem he inherited with very good conscience.

Nigeria matter get K leg, no be from today.

Your gbajue candidate can't do 40% of what PBAT is doing.

PlayMaker14:
At least, this will cushion the negative effect the hike in the price of the product cause the past weeks... No thanks to the incompetent Buffoon in the helm of affairs.


On a flip side, those clowns supporting this failed government, this is a right time to sit down and reflect about the calamity your Golden calf called Tinubu has done with the economy in just a short time.


Think.

lexy2014:
.
Can you give figures to support your claim that naira devaluation has reduced importation?

Who are the biggest consumers of imported goods?

Is it the ordinary Nigerians or the rich thieving politicians who are in the minority?

1.https://www.thisdaylive.com/index.php/2024/09/13/tinubu-upbeat-on-economy-as-nigeria-records-n6-95tn-trade-surplus-in-q2/

2. The appetite for importation has reduced and you should know that the Nigerian importation phenomenal isn't demography specific.

lexy2014:
Are you saying that there are no facts in your "posit"?

If what you said are facts, why do you need me to counter your facts except they are not facts?

If all you said are facts and not lies, then answering my questions should not be difficult for you....

Forex was announced to be gaining....what did it gain and what is the benefit of that gaining to the man on the street?

What do you mean by "about getting stable"? What type of projection or reporting is that?

Is this government responsible for local refining or a single individual?

If you give the 1.2m barrels figure under buhari, why can't you give the figure of that shows that oil production is on the upswing?

How is naira stable? Did tinubu meet naira at N1600? What stability are you boasting about?

Was it not this same tinubu that said N200 to a dollar was unacceptable during Jonathan era?

How has he done better?

If you say "There is manifest stability on the macro level", can you tell me the stability that you say has MANIFESTED?

Pls which food inflation has been death with? How has it been dealt with?

Who dealt with it?

Who created the worst inflation that Nigerians are currently experiencing?

Incase you don't know what makes a theory what it is ,is it's ability to attract erudite critique and not banal juxtaposition as you would always infer.

You should counter my posit with your own fact to enjoy any further reference to your discombulated innuendos .

Openair:
Not expecting them to keep buying the Naira like the last administration did. But the hurriedly put together policies and reforms didn't cut it...

You are quite right ,I agree but the die is already cast and the govt has no choice but to dig us out of this economic quagmire.

Observing...

PlayMaker14:
At least, this will cushion the negative effect the hike in the price of the product cause the past weeks... No thanks to the incompetent Buffoon in the helm of affairs.


On a flip side, those clowns supporting this failed government, this is a right time to sit down and reflect about the calamity your Golden calf called Tinubu has done with the economy in just a short time.


Think.

CHILD OF HATE, rest, so you do t kill your self prematurely.

Take some money from your pocket and purchase some HERO BEER bottles to while away your sorrows, since that’s the main legacy project from the FRAUD you think you can hoodwink anybody to accept as Nigeria’s saviour.

Lithiumite:
1.https://www.thisdaylive.com/index.php/2024/09/13/tinubu-upbeat-on-economy-as-nigeria-records-n6-95tn-trade-surplus-in-q2/

2. The appetite for importation has reduced and you should know that the Nigerian importation phenomenal isn't demography specific.

I didn't ask you for a link. I asked you for figures. Kindly answer the questions asked.

1. Can you give figures to support your claim that naira devaluation has reduced importation?

2 Who are the biggest consumers of imported goods?

3. Is it the ordinary Nigerians or the rich thieving politicians who are in the minority?

Lithiumite:
Incase you don't know what makes a theory what it is ,is it's ability to attract erudite critique and not banal juxtaposition as you would always infer.

You should counter my posit with your own fact to enjoy any further reference to your discombulated innuendos .

Can you identify the inference you are referring to?

All of the above has still these questions unanswered.


Are you saying that there are no facts in your "posit"?

If what you said are facts, why do you need me to counter your facts except they are not facts?

If all you said are facts and not lies, then answering my questions should not be difficult for you....

Forex was announced to be gaining....what did it gain and what is the benefit of that gaining to the man on the street?

What do you mean by "about getting stable"? What type of projection or reporting is that?

Is this government responsible for local refining or a single individual?

If you give the 1.2m barrels figure under buhari, why can't you give the figure of that shows that oil production is on the upswing?

How is naira stable? Did tinubu meet naira at N1600? What stability are you boasting about?

Was it not this same tinubu that said N200 to a dollar was unacceptable during Jonathan era?

How has he done better?

If you say "There is manifest stability on the macro level", can you tell me the stability that you say has MANIFESTED?

Pls which food inflation has been death with? How has it been dealt with?

Who dealt with it?

Who created the worst inflation that Nigerians are currently experiencing?

PlayMaker14:
At least, this will cushion the negative effect the hike in the price of the product cause the past weeks... No thanks to the incompetent Buffoon in the helm of affairs.


On a flip side, those clowns supporting this failed government, this is a right time to sit down and reflect about the calamity your Golden calf called Tinubu has done with the economy in just a short time.


Think.

You amaze me, you think those guys think? lol u rate them sha