₦airaland Forum

Yeye government

nairalanda1:
Okay, let him reduce fuel price to N65 and pay subsidy of 920 per liter....till all our budget goes on subsidy, and we are using loans for everything else...till IMF decides that they should stop pampering us, and removes the loan cover...

Then the real shege starts.

How was Jonathan doing it that time that Tinubu and Buhari protested and got him out of power?

You think we have forgotten? Nigeria didn't start under Tinubu and Buhari.

There must be a way to defend total exploitation coming from a capitalist government.

Biodun556:
https://www.channelstv.com/2024/09/19/opec-reveals-real-reason-behind-high-fuel-prices-in-nigeria-not-dangote/amp/

OECD do this because they are in the process of diversifying from fossil fuels and already have access to a variety of alternative sources. This information only serves to highlight the need for subsidy in countries like Nigeria that don't even have reliable power grids and virtually every kW of energy they consume comes from crude oil

budaatum:
Tinubu should remove subsidy and add tax?

Guess he has 2 more years to do just that. We are being prepared for it.

He has 6 years 8 months left
Nothing you can do

nairalanda1:
Okay, let him reduce fuel price to N65 and pay subsidy of 920 per liter....till all our budget goes on subsidy, and we are using loans for everything else...till IMF decides that they should stop pampering us, and removes the loan cover...

Then the real shege starts.

You day take side, When them day chop them billions them call you? Why did he struggle to become President when he no sabi wetin he day do?

For their mind now we should blame Opec... what this govt cannot do does not exist

Ojuntana:
Stop lying
Fuel is cheap

How many families can afford it?

The globalist are one. Keep deceiving us, we like it

nairalanda1:
Okay, let him reduce fuel price to N65 and pay subsidy of 920 per liter....till all our budget goes on subsidy, and we are using loans for everything else...till IMF decides that they should stop pampering us, and removes the loan cover...

Then the real shege starts.

Chai! Nigerians and sentiments.... Nigeria will never get it together unless it is returned to regionalism type of govt. If every region can control their resources and reduce the power at the centre, we won't be having this type of comment so soon. So u now believe subsidy has effect on the economy and needed to be removed but Jonathan wanted to remove same when it was even easier and cheaper and was nearly crucified. All of a sudden u guys now believed in subsidy removal with sweet analysis

searchlight:
How was Jonathan doing it that time that Tinubu and Buhari protested and got him out of power?

You think we have forgotten? Nigeria didn't start under Tinubu and Buhari.

That guy na embodiment of deceit on e own, no mind am.
When Jona wan shift price to 85 naira, shay all of them lie down for road, e come now day condone nansense.

Biodun556:
He is doing well and he will perform

He's already doing wonders, sir. 😂

searchlight:
How was Jonathan doing it that time that Tinubu and Buhari protested and got him out of power?

You think we have forgotten? Nigeria didn't start under Tinubu and Buhari.

Why did Jona increase fuel prices from 65 to 97 naira?

It was the why that made me support subsidy removal

Tinubu and buhari were talking garbage back then

How much did he sell to NNPC? Him no gree talk. The answer don turn to calculus and differential equations.

uchwar1:
Chai! Nigerians and sentiments.... Nigeria will never get it together unless it is returned to regionalism type of govt. If every region can control their resources and reduce the power at the centre, we won't be having this type of comment so soon. So u now believe subsidy has effect on the economy and needed to be removed but Jonathan wanted to remove same when it was even easier and cheaper and was nearly crucified. All of a sudden u guys now believed in subsidy removal with sweet analysis

It was in 2011 that I started supporting subsidy removal.

You guys , i no be pdp or apc supporter. But in 2011, I woke up and started listening

Whytelyon:
You day take side, When them day chop them billions them call you? Why did he struggle to become President when he no sabi wetin he day do?

You don't understand anything, and I no dey support pdp or apc either.

And subsidy must go..

nairalanda1:
Okay, let him reduce fuel price to N65 and pay subsidy of 920 per liter....till all our budget goes on subsidy, and we are using loans for everything else...till IMF decides that they should stop pampering us, and removes the loan cover...

Then the real shege starts.

So you are among those believing these stories from the government just to show us that they are really in a tight corners when it comes to making life easier for the masses?

nairalanda1:
It's quite simple. Government stops setting price through NNPC, and lets the marketers set the price instead.

Simple and short.

Fuel is not cheap. Even at N1000, it isn't.

Time to face realities, boys.

How did Jonathan managed to keep it at 65 naira?

Biodun556:
Tinubu should do something about this

Some Experts in Nigeria believed that the Federal Govt is actually behind and you can see how they are not forthcoming but has been silent since this Price War.
You now wander if everything should be Taxed in Nigeria.
Then what has Ordinary Citizens benefited?
Even in USA,that they are Coping,Food , electricity,etc are highly Subsidiesed.As at today,most Nigerians are just Pre- occupied with the Foodstuffs,as many are not balanced - No Jobs,No Excess to Invest,other than get Food 🥝🥑 Yam,Rice 🌾,Palm 🪔,etc- are just too exobitant! 🥪 Bread is no longer for the poor but why?
The same Poor the Politicians would come during electioneer Campaigns that they want to do this,that!

searchlight:
How did Jonathan managed to keep it at 65 naira?

He did not,he wanted to increase it to 140 naira because in 2011 we spent three times what we spent in 2010 ok the same subsidy.

It was the ojota crowd that forced him to go back to 97

And as you know, GEJ was right,.ojota and tinubu and buhari were wrong then.

Biodun556:
He is doing well and he will perform

This cheap propagandist again.

Psoul:
So you are among those believing these stories from the government just to show us that they are really in a tight corners when it comes to making life easier for the masses?

Oga,go and sell fuel at 100 per liter. See if you make a profit

People like you stopped us from removing subsidy in 2011. When we could have made a clean break and attracted more refineries than just dangote

Brendaniel:
You guys are funny, so you guys really taught Tinubu was coming to work for you guys?

Person who said he supported Buhari for 8 years so that he can become president...

You people are funny, Tinubu is doing what he came to do, I'm surprised you people are surprised...

My question is what were you people thinking?

The country economy is doing better than when Buhari was the President.
Then printing of Naira was a normal thing.
Then 1.5 billion USD was used monthly to artificially keep the USD down at 700 .
Then government was using 97 percent of revenue to offset debt. This has gone down to 68 percent.
States have more money compared to before
.
Fact check me

nairalanda1:
You don't understand anything, and I no dey support pdp or apc either.

And subsidy must go..

OK sir. I dont understand anything I hear. If i were you, i would just be silent and let sleeping dogs lie. Na em struggle to enter president seat, he should struggle to settle everything, e no concern you.

Alliswell248:
The country economy is doing better than when Buhari was the President.
Then printing of Naira was a normal thing.
Then 1.5 billion USD was used monthly to artificially keep the USD down at 700 .
Then government was using 97 percent of revenue to offset debt. This has gone down to 68 percent.
States have more money compared to before
.
Fact check me

And yet Tinubu has taken almost 5 billion dollar loan in just 1 year, while the naira is depreciating and inflation is going up, what is there to fact check?

You guys are jokers....

You ain't seen nothing yet, just wait till end of year first

nairalanda1:
Why does the concept of the free market make you so angry, old boy?

Calm down.

Free market is not exploitation or price gouging

If you don't know the difference, it doesn't mean you should tell lies

budaatum:
Next, it is sold at the price the seller wants, and buyers have a choice whether to buy or not.

We will have to ensure there is no prize fixing of course, and that sellers don't collude to set prices, which, considering iya loja setting gari price in the market might not be so easy, but its still the way to go.

And before you ask, yes, it will be more expensive than it currently is, just as free market has made the dollar dearer.

And what happens when people are not able to afford it?

nairalanda1:
Oga,go and sell fuel at 100 per liter. See if you make a profit

People like you stopped us from removing subsidy in 2011. When we could have made a clean break and attracted more refineries than just dangote

Removing subsidy does not attract refinery
Stop lying

I don't know if those people on the first page are just gaslighting or they are serious. Is it reading or comprehension problems, the article clearly stated that TAXATION is one of the major determinants of prices.

Taxes in some countries is as high as 50% of the cost and some people are trying to deflect this by spewing trash.

The government is just taxing us to death plain simple.

Whytelyon:
How many families can afford it?

Don't get me wrong
I'm replying that stealth agbadorian who is defending high prices

Fact. I have always maintained this stand and it cut accross all production. Many Goverment agencies collecting surcharges and taxes here and there. Unscrupulos billings