₦airaland Forum

Gas - Fuel Price has increased to $1.37 (391 Naira /L) in Canada

This Buhari sef.....

My people,welcome to the "good life".

In 2008, Oil prices were $146 Per barrel, and pump prices were N75.

In 2018, oil prices are at $67 a barrel, and pump prices are at N145 naira.

Nigerians, we are getting twice as screwed as Canadians.

This Buhari self.

trillville:
In 2008, Oil prices were $146

Yes o. During Uncle Jonah / Yar Adua time. Abi the Canadians are exaggerating ni?

Everywhere get their own for body ooooo

Here in California LA particularly, na die. Cheapest fuel is 3.39/gallon in ARCO and Costco. Mobile and Chevron sell their cheapest or call it unleaded at 3.85/gallon.
I have suddenly remembered my 4cylinder Camry, my V8 truck go enjoy holiday for now abeg.

CaptJeffry:
Here in California LA particularly, na die. Cheapest fuel is 3.39/gallon in ARCO and Costco. Mobile and Chevron sell their cheapest or call it unleaded at 3.85/gallon.
I have suddenly remembered my 4cylinder Camry, my V8 truck go enjoy holiday for now abeg.

To fill the Tank of a V8 - SUV Truck is about $100

deji17:
Yes o. During Uncle Jonah / Yar Adua time. Abi the Canadians are exaggerating ni?

It went as high as $146 before falling to $29 the same year during the Yaradua administration. Our excess crude account reached $22 billion ( if my memory is right) but also fell as oil prices fell.

During Jonathan's regime, oil prices averaged upwards of 90 dollars per barrel.

trillville:
It went as high as $146 before falling to $29 the same year during the Yaradua administration. Our excess crude account reached $22 billion ( if my memory is right) but also fell as oil prices fell.

During Jonathan's regime, oil prices averaged upwards of 90 dollars per barrel.

Between 2012 and 2015, according to the Debt Management office, our total debt also soar from $48 Billion USD, to 63 Billion USD = $15 Billion USD.. There was no improvement in our infrastructure. What did Uncle Jonah, do with all that money

deji17:
Between 2012 and 2015, according to the Debt Management office, our total debt also soar from $48 Billion USD, to 63 Billion USD.. There was no improvement in our infrastructure. What did Uncle Jonah, do with all that money

Uncle Jonathan was obviously a criminal. No objective person will argue about this.

The issue with Buhari and Jonathan's generation is that they do not understand Nigeria's problems and even if they understand the problems, they have no interest in solving them.

When the ND militants started their kidnapping and violence, Yaradua choose to set up the ND ministry. What is the main reason for the ND agitation? Is it not wide spread poverty. Is it only the ND region that faces wide spread poverty? This was before Boko Haram started their madness. I am shocked that a ministry for NE has not been created too.

How do you solve wide spread poverty?

1. Tax the rich massively on the houses and cars.
2. Invest in quality healthcare and education and subsidize the prices for the poor.
3. Maintain the value of your currency at all cost even if it means sacking unproductive government workers.
4. Invest in electricity.
5. If increasing minimum wage will have little effect on inflation, raise minimum wages.

Richer people tend to have savings and also purchase a lot of imported goods. Poorer people on the other hand, have no savings and spend most of their money on food and shelter which directly impact the local economy. Any shift in money from rich people to poor people will have a dramatic multiplier effect on the local economy. Trickle down economics has never worked anywhere and only leads to the poor getting poorer.

We need leaders whose primary focus would be on improving the lives of the poorest in society, the uneducated, the artisans and the common masses. In our democracy so far, only Obasanjo has come close to being this kind of leader.

trillville:
Uncle Jonathan was obviously a criminal. No objective person will argue about this.

The issue with Buhari and Jonathan's generation is that they do not understand Nigeria's problems and even if they understand the problems, they have no interest in solving them.

When the ND militants started their kidnapping and violence, Yaradua choose to set up the ND ministry. What is the main reason for the ND agitation? Is it not wide spread poverty. Is it only the ND region that faces wide spread poverty? This was before Boko Haram started their madness. I am shocked that a ministry for NE has not been created too.

How do you solve wide spread poverty?

1. Tax the rich massively on the houses and cars.
2. Invest in quality healthcare and education and subsidize the prices for the poor.
3. Maintain the value of your currency at all cost even if it means sacking unproductive government workers.
4. Invest in electricity.
5. If increasing minimum wage will have little effect on inflation, raise minimum wages.

Richer people tend to have savings and also purchase a lot of imported goods. Poorer people on the other hand, have no savings and spend most of their money on food and shelter which directly impact the local economy. Any shift in money from rich people to poor people will have a dramatic multiplier effect on the local economy. Trickle down economics has never worked anywhere and only leads to the poor getting poorer.

We need leaders whose primary focus would be on improving the lives of the poorest in society, the uneducated, the artisans and the common masses. In our democracy so far, only Obasanjo has come close to being this kind of leader.

If you have been following all the Tax drive and attempts to get the RICH to pay their taxes, for instance the VAIDS programme, you will not say this about Buhari Govt. The increase in tariffs on luxury goods and recovery of loots etc.. They are doing a lot on this front. You may not see the effect immediately, but these are the restructuring going on that will lead to future revenue for the Govt. People are used to status quo but Govt is determined to make the necessary change. Though may be gradual, but it is happening. This is why they are against Buhari.

As more and more revenue is raised, more money will be pumped into Infrastructure, provide electricity, health and education for Nigerians.

deji17:
To fill the Tank of a V8 - SUV Truck is about $100

Oh yes and it burns with every thrust. My Sierra takes fuel as if it tastes like champagne

CaptJeffry:
Oh yes and it burns with every thrust. My Sierra takes fuel as if it tastes like champagne

Hahaha. That is to say "It's a Gas Guzzler..."

deji17:
If you have been following all the Tax drive and attempts to get the RICH to pay their taxes, for instance the VAIDS programme, you will not say this about Buhari Govt. The increase in tariffs on luxury goods and recovery of loots etc.. They are doing a lot on this front. You may not see the effect immediately, but these are the restructuring going on that will lead to future revenue for the Govt. People are used to status quo but Govt is determined to make the necessary change. Though may be gradual, but it is happening. This is why they are against Buhari.

As more and more revenue is raised, more money will be pumped into Infrastructure, provide electricity, health and education for Nigerians.

The bolded is my main issue. How many children have lost the opportunity at getting an education in the last 3 years? What becomes of these children in the next 10 years? Are our insecurity issues getting better or worse by the day? Are we not already in a crisis situation?

Recently, Buhari said that if he did not get an education, he may have become involved in the Fulani herders and farmers clashes. Buhari was given free education by the British. The British collected taxes from Nigerians, stole to their wishes but still had in sense to provide quality free education to Nigerians.

Buhari remarked that parents must do their best to give their children quality education.

How many developed countries have a similar education system to Nigeria? Across the world quality basic education is a right and not a privilege. This older generation will never understand this. Even after providing quality education, a person with no ability to pass still has the right to a comfortable living wage. This is essential for an economy to grow.

In Nigeria we have no government, just rulers that are looters. We provide everything for ourselves. From security, electricity, water, housing to education. This same president called the youth lazy because they expect him to do his job. Governments job is to collect taxes and provide shared services to the benefit of all. When will be have good leaders?

trillville:
The bolded is my main issue. How many children have lost the opportunity at getting an education in the last 3 years? What becomes of these children in the next 10 years? Are our insecurity issues getting better or worse by the day? Are we not already in a crisis situation?

Recently, Buhari said that if he did not get an education, he may have become involved in the Fulani herders and farmers clashes. Buhari was given free education by the British. The British collected taxes from Nigerians, stole to their wishes but still had in sense to provide quality free education to Nigerians.

Buhari remarked that parents must do their best to give their children quality education.

How many developed countries have a similar education system to Nigeria? Across the world quality basic education is a right and not a privilege. This older generation will never understand this. Even after providing quality education, a person with no ability to pass still has the right to a comfortable living wage. This is essential for an economy to grow.

In Nigeria we have no government, just rulers that are looters. We provide everything for ourselves. From security, electricity, water, housing to education. This same president called the youth lazy because they expect him to do his job. Governments job is to collect taxes and provide shared services to the benefit of all. When will be have good leaders?

Yes the realistic thing is the gradual process. As the head of the family, you have a need of 200 naira and you are currently generating 10 naira. The realistic thing is how to move your revenue generation from 10 naira to 20 naira because you have been generating 10 naira for so long and most people are used to that. Nigeria overpopultion is already a huge problem. And that is what Buhari inherited. You took an obese person to the gym, and you want him to lose all the extra weight overnight?
If the efforts that Buhari is applying has been there before now, we will not be in such a big hole that we are today and to climb up is now a herculean task. Already, some people are used to free money. To wean them off that is not going to be a easy task. It can only be a gradual process, otherwise the whole system will collapse under its own weight. The situation is like trying to repair a moving vehicle. It will take a lot of effort, time and patience. You are trying to repair the foundation of a house that has people living it. You talked about the British Colonial rule, what was Nigeria population then? How many people were able to afford British Education then? Mind you, primary school education is under the state Govt.Are you aware that the newly introduced school feeding program has increased school enrolment in many states? Even at that, many still criticise the Federal Govt for running such programs. There is also the UBE where FG has made available some bilions of Naira . Only for some state Governors to meet the criteria to acess the funding, they are reluctant. Under the constitution, state Governors are not accountable to the President. Im glad you watched the video where Buhari was appealing to the moral conscience of the Governors. We run a federation, but prople are fixated with the President, leaving their Governors, Local Govt Chairman, NASS members to do as they like. Sometimes they share the loot with their Governors only to turn around and blame Buhari. Forgeting that we are in a democracy where State Governors dont take orders from the President. This is one other reason while the change will be gradual. We need so many things and our current revenue is so small compared to our needs.
Finally, there are some problem that you dont solve overnight even if you have the whole money at your disposal. One of such is infrastructure. Some of our current problem is around infrastructure decay.

deji17:
Yes the realistic thing is the gradual process. As the head of the family, you have a need of 200 naira and you are currently generating 10 naira. The realistic thing is how to move your revenue generation from 10 naira to 20 naira because you have been generating 10 naira for so long and most people are used to that. Nigeria overpopultion is already a huge problem. And that is what Buhari inherited. You took an obese person to the gym, and you want him to lose all the extra weight overnight?
If the efforts that Buhari is applying has been there before now, we will not be in such a big hole that we are today and to climb up is now a herculean task. Already, some people are used to free money. To wean them off that is not going to be a easy task. It can only be a gradual process, otherwise the whole system will collapse under its own weight. The situation is like trying to repair a moving vehicle. It will take a lot of effort, time and patience. You are trying to repair the foundation of a house that has people living it. You talked about the British Colonial rule, what was Nigeria population then? How many people were able to afford British Education then? Mind you, primary school education is under the state Govt.Are you aware that the newly introduced school feeding program has increased school enrolment in many states? Even at that, many still criticise the Federal Govt for running such programs. There is also the UBE where FG has made available some bilions of Naira . Only for some state Governors to meet the criteria to acess the funding, they are reluctant. Under the constitution, state Governors are not accountable to the President. Im glad you watched the video where Buhari was appealing to the moral conscience of the Governors. We run a federation, but prople are fixated with the President, leaving their Governors, Local Govt Chairman, NASS members to do as they like. Sometimes they share the loot with their Governors only to turn around and blame Buhari. Forgeting that we are in a democracy where State Governors dont take orders from the President. This is one other reason while the change will be gradual. We need so many things and our current revenue is so small compared to our needs.
Finally, there are some problem that you dont solve overnight even if you have the whole money at your disposal. One of such is infrastructure. Some of our current problem is around infrastructure decay.

Please Watch this video. Note that taxes in New Zealand were extremely high so reducing taxes was a good thing. Nigeria's case is the exact opposite.

https://www.youtube.com/watch?v=INyMYy-QjxM

trillville:
Please Watch this video. Note that taxes in New Zealand were extremely high so reducing taxes was a good thing. Nigeria's case is the exact opposite.

https://www.youtube.com/watch?v=INyMYy-QjxM

Thanks for sharing the video. We can all learn from each other. Even the "Rogermonics" in New Zealand, took time to take root. from 1984 into the 21st century. That is like two decades. Let us give our own "Buharinomics" time to take root and germinate, so that we can have something to point at in the future..
Like I wrote earlier, certain things will take their time...
Thanks for your love and zeal to see Nigeria grow into its full potential .