₦airaland Forum

givedemwotowoto:
@ nairalanda1 the worst part of being agbado is giving yourself excuses for making terrible choices. It’s like a woman living with a husband that is violently abusive saying her situation would be the same with the other suitors who wanted to marry her

It has nothing to do with being agvado to admit that we are coming to the end of the subsidy era

Keeping subsidy as it was before may 29 2023 would have left us with a subsidy cost of over 800 per liter. Our budget would have been in severe deficit by now

All I know is, GEJ should have told the ojota crowd to shut up and sit down in 2012.

Eaya ...go to kubwa phase 1 and ask ....ozwor. u think everyone here is on ur poverty level? Hello) no!

ShoeGetSize:
Yeah, solar car inside your ogogoro induced dreams

flyinnizam:
the difference is Obi will cut expensive lifestyle simple

Cutting expensive lifestyle won't have provided enough funding for subsides

It cost the government 160 billion naira to buy cars for national assembly. Subsidy costs for the first six months of the year 2023 were around 6 trillion naira

Kobicove:
You sef go follow learn, na all of us dey this country together

lol nor b lie sha 😆

What Nigerians knows how to do best is complain and complain then adapt. I said it in a post about 9 months ago , that all we do is complain and adapt. We aren't ready at all.

pikechukwu6:
Emi lokan people will praise their drug lord for for putting Nigerians in abject poverty and they will continue to drink garri and ewa

you know how much Dem dey sell modus of beans for market ..agbado no fit near beans as we dey talk

Kobicove:
You sef go follow learn, na all of us dey this country together

no mind the joker person way no get 20k for account

I don't need to go to Kubwa Phase 1 because I know you are hallucinating. Cheap colorado has destroyed whatever tiny level of intelligence you once had

Okortor:
Eaya ...go to kubwa phase 1 and ask ....ozwor. u think everyone here is on ur poverty level? Hello) no!

Eish, Presido raise am more, we are enjoying this regime, make fuel reach #5k e no concern me.

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

I understand your point that the previous administration's policies contributed to the current economic situation. However, I strongly disagree that the current administration's actions are justified. The drastic increase in fuel prices (from #187 - #400 - #600 - #858 and now #1,030) has caused immense hardship for many Nigerians, and it's unfair to suggest that there was no alternative.

The fact that the government is still servicing debt and subsidizing fuel prices while the majority of Nigerians are struggling to make ends meet is unacceptable. It's not about magic solutions, but about prioritizing the needs of the people. The government needs to take responsibility for their actions and work towards finding sustainable solutions that benefit everyone, not just a select few.

Let's not forget that the government's policies have real-life consequences for Nigerians. We need to hold them accountable and demand better. It's time for a change, and we can't keep making the same mistakes over and over again.

So enough with the usual sermon you always post on here. You claim you don't support APC but you keep defending their anti people policies.

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

yet they cannot cut the cost of running government. Continue u go explain tire

Jangbajantis:
I understand your point that the previous administration's policies contributed to the current economic situation. However, I strongly disagree that the current administration's actions are justified. The drastic increase in fuel prices (from #187 - #400 - #600 - #858 and now #1,030) has caused immense hardship for many Nigerians, and it's unfair to suggest that there was no alternative.

The fact that the government is still servicing debt and subsidizing fuel prices while the majority of Nigerians are struggling to make ends meet is unacceptable. It's not about magic solutions, but about prioritizing the needs of the people. The government needs to take responsibility for their actions and work towards finding sustainable solutions that benefit everyone, not just a select few.

Let's not forget that the government's policies have real-life consequences for Nigerians. We need to hold them accountable and demand better. It's time for a change, and we can't keep making the same mistakes over and over again.

So enough with the usual sermon you always post on here. You claim you don't support APC but you keep defending their anti people policies.

Thanks for polite and reasoned reply

The problem at the end of the day was that no government, whether it be obi or tinubu or even sowore, could have maintained subsidy on top of debt servicing eating 90% or more of revenue

It would have meant a large deficit in the budget which would have to be funded with loans , which in turn would have worsened our debt until we reach a place where we run out of money.

Then imf would step in and force us to actually remove all subsidies in return for loans.

At this point there was nothing that could be done.

That's why subsidy had to go in 2012. It was to prevent nonsense like this from hapoening. Most Nigerians sadly said no.

Am still wondering if pbat is actually gonna contest 2027 with all this obnoxious policies making things difficult for the average Nigeria..well I pray I survived ttill then

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

with the bolded you are not wise .why do you think everyone will fail because tinubu was a failure.even you will be a better president than that failure from hell after buhari

mokset123:
yet they cannot cut the cost of running government. Continue u go explain tire

They can , but it won't raise enough funds for subsides

To keep fuel below 200 naira per liter would eat two thirds of our budget. Meaning no money to even pay basic salaries , talkless of looting

Apc is still worng for excess spending though. There is a reason why I never voted for them

ogolemati:
with the bolded you are not wise .why do you think everyone will fail because tinubu is a failure

How would you have funded subsidy so that fuel would cost 200 per liter?

Fvxk apc and pdp by the way

Igbos and Peter Obi are now in severe pain 😆😆 We told them to support Tinubu they refused. Now they will be buying fuel high while we will be buying 100 naira per liter 🤣🤣

it's turn by turn

nairalanda1:
How would you have funded subsidy so that fuel would cost 200 per liter?

[b]Fvxk apc and pdp [/b]by the way

better, question for another day .for now tinubu has one agenda from hell to steal,kill and destroy any thing the masses benefits from

ogolemati:
better, question for another day .for now tinubu has one agenda from hell to steal,kill and destroy any thing the masses benefits from

I could explain better, but it would be wasted on you.

Apc is still useless though.

nairalanda1:
They can , but it won't raise enough funds for subsides

To keep fuel below 200 naira per liter would eat two thirds of our budget. Meaning no money to even pay basic salaries , talkless of looting

Apc is still worng for excess spending though. There is a reason why I never voted for them

that was why i wanted obi even if he was making tough decisions as tinubu might be making but i was sure he would cut down the running cost of government and over inflated contracts being awarded

Okechinwadike:
make thunder from uzuakoli kill you there idiot

Thunder is a form of energy and can be harvested to propel vehicles for humans. Why waste thunder in destructive uses?

mokset123:
that was why i wanted obi even if he was making tough decisions as tinubu might be making but i was sure he would cut down the running cost of government and over inflated contracts being awarded

Yes it would have been good to have a government cutting costs and corruption, but the amount of money needed to subsidies fuel so that it can, say , cost 200 per liter would have eaten two thirds of our budget.

That means a very heavy debt burden worse than what we have now.

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

Please, are you the accountant general of the federation for you to be explaining this to us.

Telltruth123:
Please, are you the accountant general of the federation for you to be explaining this to us.

You have been dreaming about your great great grandma again, haven't you?

nairalanda1:
Cutting expensive lifestyle won't have provided enough funding for subsides

It cost the government 160 billion naira to buy cars for national assembly. Subsidy costs for the first six months of the year 2023 were around 6 trillion naira

Add the 15trillion for the Coastal Road
Add the 21 billion for Renovation of the VP house
Add 150 Billion presidential jet
Add 5Billion for yatch
Add 90 Billion subsidy for Hajj

These are not just figures.

nairalanda1:
You have been dreaming about your great great grandma again, haven't you?

We are talking about governance, you are talking about great grandma, now I understand you, sorry get well soon.

Convert your cars to CNG..

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

Absolute gibberish from a frustrated abgado supporter you can't solve a problem you don't know and aren't prepared for the problem was never with the subsidy but the massive corruption behind it which could be stopped if the willpower is applied Obi addressed all this durring the electionineering campaign T pain avioded all media engagements yet you voted for him

nairalanda1:
Peter Obi was the best candidate, no be lie, but let's be honest, under Obi, we would have had the same result.

By May 2023, the results of decades of borrowing to pay for subsides since the late 1970's was in, and we had a lot of debt from maintaining subsides, which, among other things, was contributing to debt eating 99% of our government revenue.

At the end, and please let's put politics aside, APC, PDP, LP and company, Igbo and Yoruba aside......how are you going to pay for subsides with debt servicing eating 90% of our revenue? Is it by miracle, or by more loans while we wait for the results of good policies.?

Whoever took over, we were in dire straits. Either subsides were removed, or we got into taking more loans...to the point where debt would be eating something like 150% of our revenue. Then we go see shege...real shege.

The annoying thing about this APC government is that they are still doing the same old looting, and same old sharing money, but vote in Obi, and nothing could be done....and even if he raised prices to N400 , it would just be what Buhari was doing all this time ....which worsened the debt situation in the first place...among other causes.

I effing hate to sound like I am defending this government, and lord knows I don't like being called an APC supporter, when I have not voted for either big parties since I started voting., and when I have been suspicious of tinubu since 2005 (when Gani raised questions about his certificate back then)....but in 2023, may... this is what was happening.

debt service was eating 90% of our revenue
Subsidy funding was going to run out by June ending...no matter what tinubu did...and the only way to get subsidy back was by either taking more loans, or removing it to get more extra money, and then using some of that to fund subsidy.

And even now the subsidy that tinubu brught back is causing us more issues...debt has risen again.


What magic would you perform to keep fuel below N200 Per liter, without taking loans and suchlike.?


AM sure you would call me agbado.......but we were in a shitty situation, and it was godawful. Make no mistake, vote Obi, vote Kwankwaso....it would have produced the same result re oil prices.

Yes, I am angry with APC, and they are useless.....but politcs aside, unless you have a pot filled with 130 trillion naira....no way we were going to keep fuel prices low.


The problem with Nigeria is that we keep making the same mistakes over and over again, whoever is in charge , because we don't want to do the right thing, and we don't want to end corruption.

Shut up and shove your wack analysis Into your ass. Tinubu is a monumental failure like no other get it into skull