₦airaland Forum

SoftSport:
Tinubu’s fuel price hike may hurt now, but it’s all about long-term stability.

U write as of u are from the moon...

Pls tell me what has been stable in Nigeria in the last 40 years

I hope those northerners dey see now.

tobenuel:
where una keep the trillions saved off fuel subsidy?

Don't mind the clown

Exceed15:
Who imposed the person that left the debt? Evil party

Debt accumulated over the years since 2006.

We are in debt because most of our revenue comes from oil and we don't control the price of oil so we can't raise enough money for our needs from oil.

Replace oil with copper, cotton , etc and you are describing most African countries.

It is not to excuse apc..but the things that are needed to reduce debt dependency are things that most Nigerians won't like.

nairalanda1:
So you want the government to bring back subsides and by extension worsen our debt birden and ruin our refining sector?

Okay.

since you know how well to defend government, please explain to me how the NNPC can declare that there is no crude for local refiners in naira , how our own crude will be sold to us in dollars ,, please explain this or forever shut your mouth up in public space ..

unscripted:
since you know how well to defend government, please explain to me how the NNPC can declare that there is no crude for local refiners in naira , how our own crude will be sold to us in dollars ,, please explain this or forever shut your mouth up in public space ..

Well, good morning and good luck, young squire

SoftSport:
Tinubu’s fuel price hike may hurt now, but it’s all about long-term stability.

Mumu talk like a child promised some candy.
We are in the second year of the evil administration of your demigod, yet the suffering is increasing instead of easing. You and your fellow Zombie supporters are still singing the same tune ever since.
Unfortunately, the fake and foolish white haired professor who thinks himself a little god in the eyes of his cultists followers and tribesmen have suddenly lost his voice after calling
the wife of a sitting president "Shepopotamus" in support of calls for their resignation because he removed this same subsidy.

I Spit on you people's forehead.

The more you look the less you know.
On Nigeria issue I have given up jaree, I have handed it over to it will favour me and my family

nairalanda1:
Having a strong currency does not mean things would be cheaper. I mean, when naira was 140 to the dollar people still complained of how expensive things were.

Anyways, if we want a strong currency we have to be an exporter of manufactured goods and services..and it means we start by removing subsides on power so that the power sector can grow, and we also encourage vocational education and technical education.

But most of us want a fair sharing system.

Using our forex reserves to keep up the naira is a sure way of killing our economy long term. Especially debt wise.

Most agbado and obidients don't want to hear this

And anyway

... during Jonathan time when it was 140 naira to a dollar..bag of rice 10,000 naira, indomie noodles 50 naira, fresh egg 50 naira, fresh tomatoes 50 naira, cup of rice 30 naira, cup of beans 20 naira, cup of garri 10 naira, palm oil 75 cl.. 250 naira, coke and soft drinks 50 naira..but during this tinubu time.. which exchange rate is 1560 naira to a dollar...bag of rice 90k, fresh egg 250 naira, fresh tomatoes 200 naira, onions 100 naira, cup of rice 500 naira , cup of beans 500 naira, cup of garri 200 naira, palm oil 75 cl..2,000 naira, coke and soft drinks..500 naira...so you can see the huge difference in the prices during when the exchange rate was 140 naira to a dollar and 1560 naira to a dollar..so when the naira is strong and has value price of foodstuffs will be cheap

The lower fuel price didn't lead to lower transportation cost but when it goes back up, they want to increase transport cost. SMH

nairalanda1:
So you want the government to bring back subsides and by extension worsen our debt birden and ruin our refining sector?

Okay.

Oga we get more debts now self. Be like say una just Dey defend anyhow. Tinubu is more in debts than his predecessors.

nairalanda1:
Well, good morning and good luck, young squire

you don't have a defence ,, I really want to take you on ,, you just come to social media space and start spewing rubbish ,, in support of your oppressors , people are playing games with the life of the masses , but you come to such space and be speaking trash .. what do you stand to gain ..

ufotunang:
... during Jonathan time when it was 140 naira to a dollar..bag of rice 10,000 naira, indomie noodles 50 naira, fresh egg 50 naira, fresh tomatoes 50 naira, cup of rice 30 naira, cup of beans 20 naira, cup of garri 10 naira, palm oil 75 cl.. 250 naira, coke and soft drinks 50 naira..but during this tinubu time.. which exchange rate is 1560 naira to a dollar...bag of rice 90k, fresh egg 250 naira, fresh tomatoes 200 naira, onions 100 naira, cup of rice 500 naira , cup of beans 500 naira, cup of garri 200 naira, palm oil 75 cl..2,000 naira, coke and soft drinks..500 naira...so you can see the huge difference in the prices during when the exchange rate was 140 naira to a dollar and 1560 naira to a dollar..so when the naira is strong and has value price of foodstuffs will be cheap

And a lot of people were complaining about how expensive those things were.

Also we were in the second oil boom..from 2011 to 14 oil prices were over 100 dollars per barrel.

Same thing happened back in 1973 to 82 wherein a loaf of bread cost 50 kobo and a cow cost 90 naira.

Once the oil prices fell, so went the naira. That is why our leaders are bad leaders . They keep our naira dependent on the price of oil.

Oga, I am.not here to defend tinubu. Or to attack GEJ. If you want a strong naira , the answer is industrialize and export industrialized products. Not relying on oil and pretending all is well when the prices go up.

unscripted:
you don't have a defence ,, I really want to take you on ,, you just come to social media space and start spewing rubbish ,, in support of your oppressors , people are playing games with the life of the masses , but you come to such space and be speaking trash .. what do you stand to gain ..

Okay , it's like you want more subsidies.

Well the subsidies of the preceding decades caused a debt crisis and the destruction of the refining capacity of our country that necessitated their removal.


And it is thanks to the economic team.of the GEJ admin that I finally understood that.

You don't have to support a party to know how destructive consumption subsidies are.

fixedhollies:
Oga we get more debts now self. Be like say una just Dey defend anyhow. Tinubu is more in debts than his predecessors.

Yeah because tinubu doesn't want us to get off our dependency on oil.

Oil has a problem. We don't control it's price. So we cannot increase prices to say 140 dollars per barrel by ourselves because our buyers will simply just go elsewhere.

Result, we never have enough money and are always in debt

Changing our economy from being dependent on oil means a lot of hard choices that tinubu don't want to.make.

So.here we are..

SoftSport:
Tinubu’s fuel price hike may hurt now, but it’s all about long-term stability.

I thought u said the price has started going down. MUMU is ur surname. See, keep deceiving urself and ur family, and don’t wake up to reality, before u waste ur 4yrs again waiting for the blink of crab.

SoftSport:
Tinubu’s fuel price hike may hurt now, but it’s all about long-term stability.

You go explain tire!

nairalanda1:
Okay , it's like you want more subsidies.

Well the subsidies of the preceding decades caused a debt crisis and the destruction of the refining capacity of our country that necessitated their removal.


And it is thanks to the economic team.of the GEJ admin that I finally understood that.

You don't have to support a party to know how destructive consumption subsidies are.

ChatGPT

You said:
Rewrite. the issue here has nothing to do with subsidy , subsidy is gone and we all understand this , you spoke about why our productive activity must increase and we export more to improve our balance of payment and exchange rates.. Now we all prayed for our local refineries to come on line so that sector demands for dollar will reduce , and we can also export refined petroleum product.. the increases our productivity and earnings in that sector , improves our exchange rate , and also lower prices for us locally .. this seem like a working plan with the dangote refinery and other local refineries. Now comes NNPC , playing games with the local market , further frustrating their efforts. Lieing that out refineries are working , now crowing it with selling crude for dollar to the local market.. Now the solution we all prayed for has been cancelled by the NNPC , dollar rate will continue to shoot up due to the demand locally to purchase crude .. the marketers will pass the burden to us , inflation will continually increase.. we are back to square one .. Why are you defending this government .
ChatGPT said:
The issue here has nothing to do with subsidies—those are gone, and we all understand that. You discussed the importance of increasing our productive activities and boosting exports to improve our balance of payments and exchange rates.

We all hoped that local refineries would come online to reduce the sector's demand for dollars and allow us to export refined petroleum products. This would increase productivity and earnings in the sector, strengthen the exchange rate, and lower local fuel prices. With the Dangote refinery and other local refineries, this seemed like a viable plan.

However, the NNPC is now sabotaging these efforts by manipulating the local market, falsely claiming that our refineries are operational, and further compounding the problem by selling crude in dollars to the local market. As a result, the very solution we prayed for has been undone. The continued local demand for dollars to purchase crude will push the exchange rate higher, forcing marketers to pass the cost onto consumers, leading to relentless inflation.

We're back to square one. So why are you defending this government's actions?

unscripted:
ChatGPT

You said:
Rewrite. the issue here has nothing to do with subsidy , subsidy is gone and we all understand this , you spoke about why our productive activity must increase and we export more to improve our balance of payment and exchange rates.. Now we all prayed for our local refineries to come on line so that sector demands for dollar will reduce , and we can also export refined petroleum product.. the increases our productivity and earnings in that sector , improves our exchange rate , and also lower prices for us locally .. this seem like a working plan with the dangote refinery and other local refineries. Now comes NNPC , playing games with the local market , further frustrating their efforts. Lieing that out refineries are working , now crowing it with selling crude for dollar to the local market.. Now the solution we all prayed for has been cancelled by the NNPC , dollar rate will continue to shoot up due to the demand locally to purchase crude .. the marketers will pass the burden to us , inflation will continually increase.. we are back to square one .. Why are you defending this government .
ChatGPT said:
The issue here has nothing to do with subsidies—those are gone, and we all understand that. You discussed the importance of increasing our productive activities and boosting exports to improve our balance of payments and exchange rates.

We all hoped that local refineries would come online to reduce the sector's demand for dollars and allow us to export refined petroleum products. This would increase productivity and earnings in the sector, strengthen the exchange rate, and lower local fuel prices. With the Dangote refinery and other local refineries, this seemed like a viable plan.

However, the NNPC is now sabotaging these efforts by manipulating the local market, falsely claiming that our refineries are operational, and further compounding the problem by selling crude in dollars to the local market. As a result, the very solution we prayed for has been undone. The continued local demand for dollars to purchase crude will push the exchange rate higher, forcing marketers to pass the cost onto consumers, leading to relentless inflation.

We're back to square one. So why are you defending this government's actions?

Grow up. Not everything is pdp vs apc.

And you don't know anything about subsidies and why.they are damaging.

Grow up. You are here shouting agbado because you want cheap things

That fake man of god that said prices will crash massively, how far?

U are wrong sir. Do u know the meaning of subsides ? In its minimal state ,it's a right the country owe u for been a citizen. The reason for been the owner of the rich natural resources of the grate county. So removing it totally is an infringement on the right of the sons of the country.I don't want to talk much cos most of u don't even know r right. Why do u think those senators and other big government people are been paid all those insentives transport allowance, word rope allowance and all that. It's all subsides. So stop talking about shit u don't know about

nairalanda1:
Yeah the man is incompetent, but when subsides are pushing debt servicing to eat over 90% of revenue by August 2022, even if our president was of a IQ of 21 , he too would have removed subsidy.

Tinubu is a bad president, but removing fuel subsides was not one of his bad decisions.

He is also.a hypocrite. In 2012 he should have kept quiet

smithclito:
U are wrong sir. Do u know the meaning of subsides ? In its minimal state ,it's a right the country owe u for been a citizen. The reason for been the owner of the rich natural resources of the grate county. So removing it totally is an infringement on the right of the sons of the country.I don't want to talk much cos most of u don't even know r right. Why do u think those senators and other big government people are been paid all those insentives transport allowance, word rope allowance and all that. It's all subsides. So stop talking about shit u don't know about

I know far more about subsides than you do son.

nairalanda1:
Grow up. Not everything is pdp vs apc.

And you don't know anything about subsidies and why.they are damaging.

Grow up. You are here shouting agbado because you want cheap things

I am not speaking to subsidy,, neither do I have a political party , the only clarificate I want from you is how the removal of the crude for naira policy is an intelligent decision by the government .. and how this will make our life's better .. that's all

AbeeNetwork001:
It doesn't move me, my money is enough to cover

Tomorrow e fit be you wey e go affect. Just thank God for your life no boosting.

Tinubu has nothing to offer Nigeria, just to grab power and run away with it.

…

unscripted:
I am not speaking to subsidy,, neither do I have a political party , the only clarificate I want from you is how the removal of the crude for naira policy is an intelligent decision by the government .. and how this will make our life's better .. that's all

Nope, you want subsides.

Naira for.crude.doesnt change anything. Government was deceiving you when it said it would

unscripted:
since you know how well to defend government, please explain to me how the NNPC can declare that there is no crude for local refiners in naira , how our own crude will be sold to us in dollars ,, please explain this or forever shut your mouth up in public space ..

It's very easy to criticize people from position of ignorance. I believe you won't do any than they're doing if given the opportunity. No be Nigerians we see everyday? Mtchwww

ufotunang:
... during Jonathan time when it was 140 naira to a dollar..bag of rice 10,000 naira, indomie noodles 50 naira, fresh egg 50 naira, fresh tomatoes 50 naira, cup of rice 30 naira, cup of beans 20 naira, cup of garri 10 naira, palm oil 75 cl.. 250 naira, coke and soft drinks 50 naira..but during this tinubu time.. which exchange rate is 1560 naira to a dollar...bag of rice 90k, fresh egg 250 naira, fresh tomatoes 200 naira, onions 100 naira, cup of rice 500 naira , cup of beans 500 naira, cup of garri 200 naira, palm oil 75 cl..2,000 naira, coke and soft drinks..500 naira...so you can see the huge difference in the prices during when the exchange rate was 140 naira to a dollar and 1560 naira to a dollar..so when the naira is strong and has value price of foodstuffs will be cheap

Prices of foodstuffs should never be dependent on the strength of our currency unless we're importing them. If we grow most of our foods, nothing should concern the price of rice and beans with the value of the naira relative to the dollar.

Agboriotejoye:
This is no big deal. Na only Obidients go dey cry on top small matter since their god is wearing sandals now

Those of us who are already standing on the mandate, na to just add trekking to the mandate be the next thing.

Na simple add-on. Only headless mob will not understand

I believe you

iampeterben:
If the fuel like make e enter N2,000, Naija will surely survive. They can keep hiking it, we will not give up and will keep surviving.

Suffering and smiling mentally

Tufiakwa