₦airaland Forum

Noted.

They are talking as if it has gone back to N200 per litre. They will reduce N20 only and continue to advertise to the whole world that prices have come down

All these English on 5 naira reduction.

Our leaders shud fear God.

U employer an English vocabulary speaker for 5 naira reduction out of 1200

nairalanda1:
Good, so open your own fuel station and help us out by selling it for N100 a liter.

Paper economist indeed.

It’s ironic how you seem completely broke and entirely dependent on someone else’s (your boss’s) decision for a meager daily meal . You’re content as long as the next meal is guaranteed, and attitudes like yours are the reason our society continues to regress.

Just as Ebola was once believed to target only the wealthy, I sometimes wish for a virus that selectively affects those with severely underdeveloped mental faculties. It’s exhausting dealing with people who lack even the most basic intellectual capacity.

Your personality is utterly repulsive and irritating. Frankly, Obasanjo should have implemented a law requiring a mental evaluation before anyone could own a mobile phone.

Regarding my assertion that you’re broke, don’t try to counter it by typing words; I need tangible evidence. Feel free to prove me wrong in any way you’d like. I’m in

jmoore:
If petrol won't go back to 200 naira a liter, only a clown would expect inflation to stop rising.

It doesn't have to go back to 200 but I do agree that in order to effectively curb inflation, the current price of fuel should drastically reduce infact it should be halved. It will have considerable effect towards spurring economic activities.

Currently, we wake every day with cold sweat because uncertainty pervades the air....while our 'liberal guru' of a president commits economic genocide on the masses to the point IMF are asking FG to rethink economic strategies....Pushing the masses to undertake the journey of the palm-wine drinkard.

Let us not decieve ourselves bro. Petrol can't go back to 200 naira in this country. The least it cant go down is 600 naiara which is almost impossible

jmoore:
If petrol won't go back to 200 naira a liter, only a clown would expect inflation to stop rising.

nairalanda1:
The above is why I don't like Nairaland and nairalanders.

Someone makes a point....and the first response is abuse, abuse , abuse.

Person wey no abuse am, and he is being abusive to the person.

The truth is, there are far to many little kids here. Both agbado and obident. All they do is abuse. Lost in the abuse is any point they want to make.

Anyway, what do you expect? Petrol must be sold at N40 per liter.

See one of his crew member with no brain of his own. Must everything be tribalistic to you can't you think with your brain. Na so una make useless noise about tinubu yet we are yet to see a little improvement. Abeg park one side

Can you imagine?

Drop of N50 in fuel is all we need for inflation to reduce?

Mere N50 that has not even reflected in fuel price abi?

Clowns everywhere

concho:
It’s ironic how you seem completely broke and entirely dependent on someone else’s (your boss’s) decision for a meager daily meal . You’re content as long as the next meal is guaranteed, and attitudes like yours are the reason our society continues to regress.

Just as Ebola was once believed to target only the wealthy, I sometimes wish for a virus that selectively affects those with severely underdeveloped mental faculties. It’s exhausting dealing with people who lack even the most basic intellectual capacity.

Your personality is utterly repulsive and irritating. Frankly, Obasanjo should have implemented a law requiring a mental evaluation before anyone could own a mobile phone.

Regarding my assertion that you’re broke, don’t try to counter it by typing words; I need tangible evidence. Feel free to prove me wrong in any way you’d like. I’m in

All this because petrol can't be sold at 40 naira per liter?

Funkyswagzz:
See one of his crew member with no brain of his own. Must everything be tribalistic to you can't you think with your brain. Na so una make useless noise about tinubu yet we are yet to see a little improvement. Abeg park one side

Well, you are also a wise old man too.

Funkyswagzz:
See one of his crew member with no brain of his own. Must everything be tribalistic to you can't you think with your brain. Na so una make useless noise about tinubu yet we are yet to see a little improvement. Abeg park one side

All this because he was called out on using fowl language

He has been seen speaking to chickens every afternoon

omowolewa:
That looks good

What's good? Where's the cut??

Shadomaan7:
Good news ahead for Nigerians. The bad news peddlers have been rendered jobless

Mumu, where's the cut? Una just dey useless

Something being sold at a profit makes people angry.

So, Nigeria must turn to Lenninst principles to survive!

We are led by R-e-t-a-r-d-s.

jmoore:
If petrol won't go back to 200 naira a liter, only a clown would expect inflation to stop rising.

Wake up to reality. Fuel price cannot go as low as #200 again. But what I expect a reasonable government to do is to channel all retained subsidy into wealth creation, infrastructural and human capital development. Not forgetting massive investments in security to attract FDI. Provide tax friendly capital for investors to increase output and the overall GDP of the country. But then, I doubt if any Naija president could be that purposeful and intentional, without playing politics with people's lives.

Omoawoke:
You carry petrol from 200 and something or what again to 1200,
Then you say you cut price from 1200 to 1050 or so and say the reduction will help Nigerians

These people must have smoked cow dung. so this small reduction will force inflation down? Dey play.

What is May?

We have been dazed and mesmerized well enough. Our trust and solace lies with God Almighty.

Sell dollars at a reduced price to petroleum importers n give waivers to food imports. Simple n short.
Baba goslow

olax02:
These people must have smoked cow dung. so this small reduction will force inflation down? Dey play.

Well selling fuel at 200 naira per liter means a subsidy of 800 naira per liter must be paid

Which in the long run means about 70% of our budget would go to subsidy every year.

Which means to pay salaries , contractors and to give states their allawee, government may have to borrow 25 trillion naira at least.

Imagine the wondrous effect it would have on our debt profile.

Reelz:
Sell dollars at a reduced price to petroleum importers n give waivers to food imports. Simple n short.
Baba goslow

Except that the government doesn't have dollars to give

Plus that's a recipie for more round tripping. Popular during buharis regime and one of the reasons why we even had to remove subsidy in the first place

jmoore:
If petrol won't go back to 200 naira a liter, only a clown would expect inflation to stop rising.

Petrol subsidy removal is not really the issue now but floating policy.

There is no way inflation will come down with #1700 per dollar.

CodeTemplarr:
What i have been saying for ages. Will they listen and learn to make amends? I doubt.
A man is hungry and in lack yet CBN is counting on interest rate hike to dissuade such a fellow from spending his meagre income to stay afloat. It can never work.
Cc : Nairalanda1, omohayek, grandstar.

OK, so what is the solution to combat inflation? The man quoted is talking about costs. How to tackle those costs is the question. Any ideas?

Good Luck to Nigeria.

IbeOkehie:
OK, so what is the solution to combat inflation? The man quoted is talking about costs. How to tackle those costs is the question. Any ideas?

Good Luck to Nigeria.

Cost effect wont go away with interest rate hike.

It is better production inputs are subsidized as well as increase production to swell supply against demand. The last will likely lead to export.

Reelz:
Sell dollars at a reduced price to petroleum importers n give waivers to food imports. Simple n short.
Baba goslow

Thats reduced naira earnjng for govt. They dont like that.

nairalanda1:
All this because he was called out on using fowl language

He has been seen speaking to chickens every afternoon

Abeg shift useless people with zero direction

Hopefully someone can help me with the answer.

Why can’t NNPC pay Dangote to refine its crude, move it to storage and then distribute or sell at its benchmarked price?
Dangote is a refinery, allowing him source, refine and distribute solely is just reckless.

NNPC should patronize him but also regulate the sector by being his number 1 competitor.

If indeed we are doing more than 1.8mbpd, why can’t we spare 500mb for local consumption.

nairalanda1:
The above is why I don't like Nairaland and nairalanders.

Someone makes a point....and the first response is abuse, abuse , abuse.

Person wey no abuse am, and he is being abusive to the person.

The truth is, there are far to many little kids here. Both agbado and obident. All they do is abuse. Lost in the abuse is any point they want to make.

Anyway, what do you expect? Petrol must be sold at N40 per liter.

Shut up jare ode… there are far too many kids yenyenyen, Akinkanju-ode, shebi youbare an adult, enjoy the 1075 naira fuel in peace na. You been talking through your @nus since, yenyenyen 40 naira, E-Diotic human being. Na everybody be kid, Apoda.

Funkyswagzz:
Abeg shift useless people with zero direction

You Dey mind the Ediot….? Very føølish person

Muhylonaire007:
Shut up jare ode… there are far too many kids yenyenyen, Akinkanju-ode, shebi youbare an adult, enjoy the 1075 naira fuel in peace na. You been talking through your @nus since, yenyenyen 40 naira, E-Diotic human being. Na everybody be kid, Apoda.

Ah, another chicken whisperer

Funkyswagzz:
Abeg shift useless people with zero direction

All because I criticized you for being abusive .