₦airaland Forum

helinues:
Buy bicycle that won't consume fuel. Having a car is a luxury . How much was minimum wage when the price of fuel in those regime was low, how much is dollar to naira exchange rate?

I really don't know why the opposition and their supporters in Nigeria remain stagnant in their narrations.

Are the price of things across the globe remain the same for decades now. They should stop arguing slow jare

socialmediaman:
Tinubu will have a hard time explaining to Nigerians why he pushed them to extreme hardship in the name of reforms, and things keep getting worse and worse

Yemmysworld91:
You don't even know me to conclude that I'm being hypocritical
Anyways I've always believed subsidies must go and I stand by it

rejoice4eva:
By their fruits, we shall know them. Out of the abundance of the heart, the mouth speaketh or types

Yemmysworld91:
Ask Atiku or Obi if any of them will be willing to return the subsidies in case they win the coming election?.
Una no just get understanding

rejoice4eva:
First ask the one you are supporting now, why Nigeria is suffering from badly removed subsidy and they are still borrowing massively with little or nothing to show for it.
Atiku and Obi are not Nigeria problem for now. Ask those in charge

Yemmysworld91:
And I'm stating the reality that neither of those you want to return the subsidies will do it. I hope Tinubu loses next election and you people will clearly see it. No Nigerian government will bring back those subsidies that we are all suffering for. Tinubu already took the bullet for them and they will praise him for it in few years.
And for the borrowing, they are doing it for infrastructural deficit. And they can borrow more cos the wastage on subsidies have been blocked. I sincerely do not support the government on continuous borrowing ,but I'm not in government. But subsidies isn't coming back even if Tinubu loses. That's a fact ignorant majority of you noise makers don't understand

rejoice4eva:
The problem of Nigeria is not actually the subsidies. Many countries that are even more developed, subsidize certain essentials for their citizens.
The Nigerian problem is waste, corruption, and larger than life living of the ruling elite. Do you know how many vehicles in the convoy of LG chairmen, legislators, governor's not to talk of your president. At whose expense?
In Nigeria, more taxes, charges, no subsidies, yet poor salary, high cost of transportation, no electricity, no security, no good education....
What are you insinuating? Blaming those who are not in power yet?
Your likes supported Buharis failure. Why?

Yemmysworld91:
Tell me one country in the world where these three things are subsidized, fuel, electricity and Fx rate and you win?

Yes countries subsidized certain things. But those are the three major subsidies removed by this government that we are all suffering for. Note the usage of "we" cos it also badly affected me. But I'm just being a realist.
I agree with you on corruption, I won't go the way of explaining how poor our tax system is that this administration is trying to build. A lot to say. Bit answer the question I started with and win this back and forth

rejoice4eva:
FOREX
Egypt (managed exchange rate, especially during crises)
Argentina (strict FX controls and subsidized rates)
Venezuela (extreme forex controls)
Iran (official vs black market rates)
Ethiopia (controlled FX allocation)

ELECTRICITY
Egypt (historically large electricity support, now reducing) �
IEA
India (subsidized power for farmers and households)
Pakistan
Indonesia
South Africa (partial support via tariffs)
Algeria (heavily subsidized utilities)

FUEL
Saudi Arabia
Iran
Kuwait
Bahrain
Egypt
Algeria
Latin America
Venezuela
Ecuador
Bolivia
Asia
Indonesia
Myanmar

I just furnished you with this , to prove to you that most of the times, you people support your oppressors blindly.
South Africa generates thousands of Megawatts of electricity and still subsidizes, but Nigeria?

Yemmysworld91:
You don't seem to understand me. I'm not saying countries don't subsidize things for their citizens. Subsidy is normal. Even the UK subsidizes food and that's why irrespective of the inflation, food prices doesn't rice again. Let me ask you my question directly below. You just listed countries with the various subsidies. Egypt made it three times but it's clearly stated that it's a managed exchange rate, especially during crises. Do you understand yourself

Note that countries subsidizes based in essentials and how it's convenient for the economy. It's not sustainable for the country's economic to continue to subsidize the three.
I ask again


Mention countries in the world that subsidizes fuel, electricity and fx exchange rate at the same time?

Yemmysworld91:
You don't seem to understand me. I'm not saying countries don't subsidize things for their citizens. Subsidy is normal. Even the UK subsidizes food and that's why irrespective of the inflation, food prices doesn't rice again. Let me ask you my question directly below. You just listed countries with the various subsidies. Egypt made it three times but it's clearly stated that it's a managed exchange rate, especially during crises. Do you understand yourself

Let me add that, I believe the Tinubu government should currently be subsidizing fuel for the populace to the current crises in Iran. Some countries did for this period

Note that countries subsidizes based in essentials and how it's convenient for the economy. It's not sustainable for the country's economic to continue to subsidize the three.
I ask again


Mention countries in the world that subsidizes fuel, electricity and fx exchange rate at the same time?

Yemmysworld91:
You don't seem to understand me. I'm not saying countries don't subsidize things for their citizens. Subsidy is normal. Even the UK subsidizes food and that's why irrespective of the inflation, food prices doesn't rice again. Let me ask you my question directly below. You just listed countries with the various subsidies. Egypt made it three times but it's clearly stated that it's a managed exchange rate, especially during crises. Do you understand yourself

Let me add that, I believe the Tinubu government should currently be subsidizing fuel for the populace to the current crises in Iran. Some countries did for this period

Note that countries subsidizes based in essentials and how it's convenient for the economy. It's not sustainable for the country's economic to continue to subsidize the three.
I ask again


Mention countries in the world that subsidizes fuel, electricity and fx exchange rate at the same time?

rejoice4eva:
I have shown you.
I am not a fan of subsidy.
Tinubu removed subsidies on these Three essentials at the same time, nobody is complaining. And it is never an achievement as you people are projecting it
The main problem is that they have nothing to show for it, due to lack of fiscal discipline, accountability and massive corruption.
Nigerians have become poorer, not because of subsidy or lack of it, but because of incompetent leaders

Alliswell248:
Nelfund
Creditcorp
Health care subsidies in fmc in the six zones.
All those roads they are constructing nationwide only for President Tinubu, Wike and Akpabio.

Sore losers and bitter filled people.

Zionmdde:
NELFUND: Is it less expensive or financially easier to go to school today than in 2023 January? Only the difference in house rent will wipe off that nelfund. Not to talk of feeding and transportation

Creditcorp: how many business have been started as a result? Any statistics to show the results or impact?

Health care subsidies? What's the objective evidence of its impact? Has death rate reduced? Can people testify that they are getting cheaper Healthcare?

Roads: how many billions of dollars have been borrowed including subsidy removal cash in the name of constructing roads? Nigeria is borrowing at a rate higher than any previous government despite oil subsides removal and the oil price not being in crisis

No surprises you didn't mention the number one job of a President, which is security

Just a little shame won't be bad sometimes

Alliswell248:
Sorry I don't engage uninformed people like you.
Bitterness is affecting you.

Bye