₦airaland Forum

Please take a moment to write a quality post with at least 40 characters.
This will make the forum more interesting for everyone.

christejames:
What have we truly gained from the so called subsidy removal?

Noting I must confess.The agbero in agbada in aso rock run nigeria street wetin no good with the theme renewed hope now we are seeing renewed hopelessness.

fixedhollies:
Nigeria is too difficult for me to understand. Una for just put this debts for subsidy make we see low cost power run small businesses rather than all these debts only government sabi wetin dem Dey use am do

Nigeria’s revenue is not even enough to cover salaries. The country is very very poor!!!
We have too many people in the country doing nothing. All those millions of useless people living in Lagos should go back to their villages to FARM…..or kpai.

hartson:
Noting I must confess.The agbero in agbada in aso rock run nigeria street wetin no good with the theme renewed hope now we are seeing renewed hopelessness.

Nigerian people are not blessed with critical thinking. You have hated all the presidents before BAT, and you will hate whoever comes after him. The problem is Nigeria is a very poor country which produces NOTHING but the citizens want to live extraordinary wealthy lifestyle. Una go hear am plenty. We have a serious systemic problem and no policy is working correctly.

ibedun:
Nigerian people are not blessed with critical thinking. You have hated all the presidents before BAT, and you will hate whoever comes after him. The problem is Nigeria is a very poor country which produces NOTHING but the citizens want to live extraordinary wealthy lifestyle. Una go hear am plenty. We have a serious systemic problem and no policy is working correctly.

Then the shithole be disintergrated now and every region manage themselves

DMCY:
You read something like this then you remember the senate is saying NNPC mismanaged 210T

If not for massive corruption, Nigeria won't be owing anybody shishi.
Imagine 210T mismanaged... Recovering just 150T out of this will settled our entire debt.

Ofemannnu:
Still very low to South African debt.
All nations of the world borrow including USA and China who happen to be the most indebted nations in the world.
The main thing is for us to see what they are using the money for.
They shouldn't pocket the money because Nigerians are watching closely now unlike before...

Those countries borrow to invest... Nigeria borrow to consume.
Those countries borrow when necessary... Nigeria borrow when the lender is ready to give.
Those countries borrow because they don't generate enough funds... Nigeria borrow because the enough we generate has been looted dry.
Those countries borrow with a plan to pay back... Nigeria borrow without any plan to pay back.

They will borrow and loot... Yet Nigerians that you think are watching will still vote them back into power in 2027.

iwaeda:
They removed subsidy with a promise to stop borrowing, but they keep on deceiving their minors they are on part to recovery.

Convert that money to dollar and see that debt has reduced

iwaeda:
They removed subsidy with a promise to stop borrowing, but they keep on deceiving their minors they are on part to recovery.

Convert that money to dollar and see that debt has reduced to or na naira we go use pay the money back?

iwaeda:
In all honesty, this government is just too wasteful, borrowing to give palliatives, buy rams, cook foods, send people on pilgrimages, doing coastal roads that lead to nowhere.

the most wasteful govt I've ever seen. I'm still trying to understand the essence of that palliatives. Waste of public funds

ibedun:
Nigeria’s revenue is not even enough to cover salaries. The country is very very poor!!!
We have too many people in the country doing nothing. All those millions of useless people living in Lagos should go back to their villages to FARM…..or kpai.

Did I just heard Nigeria is poor? Look again, it’s the wealthiest black country in the world

Itiskdg121:
We should find the missing 210 Trillion naira in NNPC to pay off the debts. Simple

EFCC, over to you

My thought

If they can recover that NNPc boss 200trillion… we can clear the nation debts straight up

Are they still borrowing?

After removing subsidy?

Nigeria is owning and fairmoni no won gree me rest ... Abeg Tulumbu and his group of urchins should borrow more money .. let's mortgage our children future no shaking

Omooba77:
https://nairametrics.com/2025/06/28/nigerias-public-debt-hits-n149-39-trillion-in-q1-2025-dmo/

As expected. There we have the world most incompetent but criminally minded individual in charge. So we expected it before it happened. A man who has no carrier apart from being in politics. He is not productive as a private citizen and can't be productive as a president.

edogu:
...and the government is still planning to borrow more. What then was the essence of fuel subsidy removal? To satisfy your creditors, so that you can be credit worthy.

the subsidy they are secretly paying? The missing N210 trillion in NNPCL!
40 characters!
40 characters!!
40 characters!!!

Itiskdg121:
We should find the missing 210 Trillion naira in NNPC to pay off the debts. Simple

EFCC, over to you

The money they used for paying subsidy on imported petrol after claiming subsidy is gone!
40 characters, 40 characters, 40 characters
Ancient formula!!!!!!

christejames:
What have we truly gained from the so called subsidy removal?

N210 trillion was used to pay secret subsidy on imported petrol after removing subsidy, the same way naira was unfloated on dollar loans to be floated on dollar loans.
40 characters incoming, ancient ways!

Ofemannnu:
Still very low to South African debt.
All nations of the world borrow including USA and China who happen to be the most indebted nations in the world.
The main thing is for us to see what they are using the money for.
They shouldn't pocket the money because Nigerians are watching closely now unlike before...

Do they borrow loans to consume foreign products
40 characters incoming!

fixedhollies:
Nigeria is too difficult for me to understand. Una for just put this debts for subsidy make we see low cost power run small businesses rather than all these debts only government sabi wetin dem Dey use am do

Nigeria is not that difficult to understand.

Let’s sum it up with brevity: Brainless slots.

That’s what Nigeria has become.

Spend any time listening to the citizenry, and you’ll see how deep the decay has eaten. People have lost the intelligence—and sometimes even the will—to ask the right questions. Walk into a public school and eavesdrop on the conversation. Walk into a university and do the same. You’ll notice that with each passing day, common sense erodes at frightening speed.

When a society fails to hold those in power accountable—when it perfects the art of suffer and adjust—the noose only grows tighter.

Rotimi Amaechi once said it plainly: the reason all this is happening is because we all know Nigerians will do nothing. The day we start pelting them with stones and knives is the day things will finally change.

But of course, Nigerians… toads in water that keeps heating up…
Oh well.