₦airaland Forum

Supporters of Amerisrael are buying fuel for 20 naira/litre.
Awon Wereyx

And Tinubu is busy campaigning?

On your mandate we shall stand.

I don't even know what to say.

Samuels90:
Nigerians love when they suffer, they call it hustle!

..............when it is nothing but Stockholm syndrome suffering



https://www.nairaland.com/post/125340351

motionarena:
Dangote wan use una enter Top 10 richest men in the world

And which responsible govt will allow that ?
Only an irresponsible govt.

Donald Trump increased electricity and other taxes in Nigeria to make nigerians poorer. Continue blaming Trump for your President incompetence

Flangelo12:
Donald Trump showing thr world pepper because of the Epstein files.

Is it Tinubu that increases petrol prices.

Gotocourt:
Anything aside Tinubu

Chai

N1,500 here in north

anonimi:
What has Donald Trump to do with Tinubu's failure to deliver his N185 petrol promise

Why not educate yourself, old man.

anonimi:
..............when it is nothing but Stockholm syndrome suffering



https://www.nairaland.com/post/125340351

Yeah, they even compete on who suffer the most to survive or eventually make it out of the hood. Low-level thinking mentality!

Flangelo12:
Why not educate yourself, old man.

If you are sure that you have educated yourself, why don't you answer the simple question asked?

AdegbemiroX:
What to do?

Replacing with incompetent candidates so things can go worse?





Go and check your comments on this throwback thread.


https://www.nairaland.com/870945/what-exactly-peter-obi-doing#10196086

u r showing us throwback?...let me show u what throwback looks like....what did we tell u about Buhari?....didn't u guys say he's d best?....what happened?....now Tinubu d master strategist, d one who turned Lagos to Dubai, u guys hyped him n now he's proven to be a nonentity n u have d guts to show us a throwback of theirs?...r u guys even nuts?

anonimi:
If you are sure that you have educated yourself, why don't you answer the simple question asked?

CTRL + ALT + DEL.

This robot should receive some commands.

I'm glad agbadorians won't be exempted

Franking:
Does it mean we can not simply sell our crude to Dangote refineries at a steady price to avoid all this up and down movement?

Or is this rocket science that I don't understand?

You mean you would sell your wares at government controlled prices even if you can get times 4 in the international market?

BrickandLace:
And which responsible govt will allow that ?
Only an irresponsible govt.

Which is what we have an irresponsible govt

Franking:
Does it mean we can not simply sell our crude to Dangote refineries at a steady price to avoid all this up and down movement?

Or is this rocket science that I don't understand?

Why should Dangote refine your oil and sell it to you far below world market price?

Is his business a charity, or you don't know he has shareholders who demand optimal prices for the refined petroleum products being sold, to maximise their profits?

Even if he sells really low, smugglers will send it to neighbouring countries and sell. Then we'll be back to fuel scarcity and queues.

Now the conundrum facing the country is how to make a one trillion dollar economy out of the ingredients of escalating poverty.

How to attract foreign investment when the purchasing power of the average Nigerian is declining due to rampaging inflation with enough fuel (pun intended) to keep inflation airborne.

The middle class decimated over the years is now completely buried. Who are the investors going to serve when it is widely known that foreign investment overwhelmingly targets the middle class.

No one will come here to make 'pure water'.or invest in 'akara' business. They come to make goods and offer services the middle class consume.

BMW's first overseas facility was recently opened in India to assemble the iconic 7 series.

That is a statement of real progress. That there is a critical mass of people in that country and the sub region that can afford automobiles worth north of a hundred thousand dollars a pop.

A statement more credible than any statistic or rhetoric coming out of any government. Here reverse is that case, businesses are either walking away or 'adapting' (which in Nigeria lingo means cutting corners) to remain afloat.

If the government is not interested in finding ways to bringing down the cost of energy, bringing to single digits the rate of inflation and spurring local businesses and enterprises through direct PPP investments and rigorous privatisation of government enterprises, then poverty rates will continue to climb and the trillion dollar economy will remain a mirage.

It is the people that make the economy. GDP is a measure of productivity. Productivity is the people doing and making things.

Yarimo, hope your 30k was increased ooooooo?

AntiChristian:
This is getting out of hands o!

May God punish USA&Israel!

He should give double punishment to the useless American president Donald Trump who started the nonsense war in the Middle East

dre11:
https://leadership.ng/transport-fares-rise-in-lagos-ogun-as-petrol-price-hits-n1380-litre/

So na only for Ogun and Lagos price go up . Well-done

Flangelo12:
You mean you would sell your wares at government controlled prices even if you can get times 4 in the international market?

And then do what with the money....share it...
Three and a half years of sharing more money than ever before (so they say), what is the grand effect on the economy....

What has their 'investments' yielded.so far....nothing.

Look, I am pro subsidy removal only because of the criminality involved and the institutional failures associates with it. Accountability failures that haven't been addressed in government's alternative policy of collection and sharing, aka 'tax and spend'.

So whether it was former/private/citizen waste or present/government waste of resources the effects are similar. Waste is waste.

The very fact that investments have not been made back into the place from where the money was taken out speaks volumes. It is the people's money government is taking and deciding it can invest/spend it better.

You cannot take a loan from bank claiming you can make money for both yourself and the bank and then turn around to tell the back to adjust to the reality of a smaller balance sheet and manage the losses. The bank expects to be better off giving you that money.

Nigerians expect to be better off allowing you take their subsidy. It is their livelihoods you are playing games with.

Reference:
And then do what with the money....share it...
Three and a half years of sharing more money than ever before (so they say), what is the grand effect on the economy....

What has their 'investments' yielded.so far....nothing.

Look, I am pro subsidy removal only because of the criminality involved and the institutional failures associates with it. Accountability failures that haven't been addressed in government's alternative policy of collection and sharing, aka 'tax and spend'.

So whether it was former/private/citizen waste or present/government waste of resources the effects are similar. Waste is waste.

The very fact that investments have not been made back into the place from where the money was taken out speaks volumes. It is the people's money government is taking and deciding it can invest/spend it better.

You cannot take a loan from bank claiming you can make money for both yourself and the bank and then turn around to tell the back to adjust to the reality of a smaller balance sheet and manage the losses. The bank expects to be better off giving you that money.

Nigerians expect to be better off allowing you take their subsidy. It is their livelihoods you are playing games with.

Unless you choose to ignore fact:

The Dangote refinery has driven a major surge in Nigeria's petroleum product exports, averaging 350,000 barrels per day (bpd) in international exports by the second quarter of 2026. [1] (https://www.facebook.com/AriseTVNews/posts/dangote-refinery-drives-nigerias-fuel-exports-to-350000-barrels-daily-us-reportt/1658338062964726/), [2] (https://www.instagram.com/p/DacdPLAlSnQ/)Key Export HighlightsOverall Shipments: Nigeria's total seaborne petroleum product shipments (including exports and domestic coastal shipping) reached an average of 561,000 bpd in Q2 2026, up from just 79,000 bpd in 2023. [1] (https://dangote.com/us-hails-dangote-refinery-as-nigerias-petroleum-exports-surge-seven-times/)Exports to Europe: Shipments to Europe averaged 130,000 bpd in Q2 2026, which included a notable shipment of approximately 466,000 metric tonnes of jet fuel to Europe in June alone. [1] (https://www.eia.gov/todayinenergy/detail.php?id=68004), [2] (https://www.facebook.com/thenationnigeria/posts/dangote-refinery-makes-history-surpasses-us-supply-in-jet-fuel-n757bn-exports-to/122273896982255308/)African Markets: Regional exports to other African countries (such as Ghana, Cameroon, Togo, Côte d'Ivoire, and Tanzania) reached nearly 120,000 bpd in Q2 2026. [1] (https://en.wikipedia.org/wiki/Dangote_refinery), [2] (https://www.facebook.com/Nairametrics/posts/nairametrics-dangote-refinery-exports-456000-tonnes-of-fuel-to-african-markets/1389691716536118/), [3] (https://www.eia.gov/todayinenergy/detail.php?id=68004)

Make nobody blame only tinubu,boss too na puppet,inside Oga Oga de ,
All blame start from isreal (fake chosen ones) the ones causing Genocide in Palestine,and Again because of this nonsense war in middle East the whole world is in turmoil..
No be only Nigeria this tin de happen too oo
South Koreans don protest due to the Iran war,
All the whole LIVING BEINGS WIDE WORLD don de collect hot hot but the Media de frame am Like say this their TOXIC POLICIES NA ONLY IRAN DE HEAR AM.
Omo E no funny,Dem de use human being life play like toy..

Please don't complain. Vote Tinubu 2027. We like how he is ruling us. Baba, continue sir.

Flangelo12:
Unless you choose to ignore fact:

The Dangote refinery has driven a major surge in Nigeria's petroleum product exports, averaging 350,000 barrels per day (bpd) in international exports by the second quarter of 2026. [1] (https://www.facebook.com/AriseTVNews/posts/dangote-refinery-drives-nigerias-fuel-exports-to-350000-barrels-daily-us-reportt/1658338062964726/), [2] (https://www.instagram.com/p/DacdPLAlSnQ/)Key Export HighlightsOverall Shipments: Nigeria's total seaborne petroleum product shipments (including exports and domestic coastal shipping) reached an average of 561,000 bpd in Q2 2026, up from just 79,000 bpd in 2023. [1] (https://dangote.com/us-hails-dangote-refinery-as-nigerias-petroleum-exports-surge-seven-times/)Exports to Europe: Shipments to Europe averaged 130,000 bpd in Q2 2026, which included a notable shipment of approximately 466,000 metric tonnes of jet fuel to Europe in June alone. [1] (https://www.eia.gov/todayinenergy/detail.php?id=68004), [2] (https://www.facebook.com/thenationnigeria/posts/dangote-refinery-makes-history-surpasses-us-supply-in-jet-fuel-n757bn-exports-to/122273896982255308/)African Markets: Regional exports to other African countries (such as Ghana, Cameroon, Togo, Côte d'Ivoire, and Tanzania) reached nearly 120,000 bpd in Q2 2026. [1] (https://en.wikipedia.org/wiki/Dangote_refinery), [2] (https://www.facebook.com/Nairametrics/posts/nairametrics-dangote-refinery-exports-456000-tonnes-of-fuel-to-african-markets/1389691716536118/), [3] (https://www.eia.gov/todayinenergy/detail.php?id=68004)

And.....
Of what effect does that have on a person paying 20 percent more for transportation to work today, today, today, this morning.

Once more the discord between statistics and reality. Dangote is not in charge of this economy, the government is.

And it is the responsibility of government to ensure the economy works for all. If Dangote could do it alone. He will not be doing an IPO.

And he is doing an IPO because he wants security: cash and sentiment because he knows the risks of energy affordability and politics. He knows the high cost of energy is fuelling (pun intended) inflation and his business can come under political threat if the people yield.

Reference:
And.....
Of what effect does that have on a person paying 29 percent more for transportation to work today, today, today, this morning.

Once more the discord between statistics and reality. Dangote is not in charge of this economy, the government is.

And it is the responsibility of government to ensure the economy works for all. If Dangote could do it alone. He will not be doing an IPO.

And he is doing an IPO because he wants security: cash and sentiment because he knows the risks of energy affordability and politics. He knows the high cost of energy is fuelling (pun intended) inflation and his business can come under political threat if the people yield.

If you're asking whether people who had Jlno work yesterday but but that now have jobs created by the productivity of the refinery or the new logistical and byproducts opportunities that it creates in addition to saving us the demand for forex, increasing forex inflows, and yet you prefer to dismiss it, you are not speaking from a place of sincerity but cynicism.

Franking:
Does it mean we can not simply sell our crude to Dangote refineries at a steady price to avoid all this up and down movement?

Or is this rocket science that I don't understand?

#1 . The crude is not enough to give dangote because of corrupt animals and #2 dangote is greedy and wicked, he want to monopolise oilandgas as he did in cement. Listen if not for Bua, cement would have been 30k or 40k now iswear

Suffer no dey tire una

I think the plan is to make 1L =$1

What of diesel which is sold @ N2000 / litre. One 45000 truck of diesel is worth 90m which can buy u 7 or 8 trucks of Dangote or Bua cement carrying 900bags each