₦airaland Forum

nairalanda1:
That N187 was made possible by massive printing of naira and borrowing.

Fact is, we did not remove subsidy in 2012, when we should have. The result was that government was forced to borrow to maintain the subsidy. And that created a massive debt, and also forced the Buhari government to raid the forex reserves...just to pay for the subsidy.

The result was the subsidy being removed to at least allow the government have some spending money, otherwise things would have really been bad.

Most African countries charge as high as NIgeria, most even higher. Only five african countries have some form of subsidy on fuel, and even those, (apart from Libya that can pay for subsides and refinery upkeep without breaking a sweat because they have a very small population)...maintain it at the expense of debt. If all African countries subsidsied fuel like we do, even the oil producers, they would have collapsed economically ages ago.

Choose your wickedness...removal of subsidy with harsh price increases but the chance of improved domestic refining and more jobs, and no more borrowing to fund subsidy, or maintianing subsidy with the borrowing it entails.

Cherrybae:
How is the Governor a liar. Show us any evidence that Peter Obi informed the Governor about his visit.

The state government has said obi did not inform them, tell obi and NDC to post any evidence they notified the state govt.

If Obi notified police, is police the govt ?

Police did their work, providing him security but the youths rejected Obi and stoned him like Judas

Kushites:
They're mass murderers and war criminals, and the world hates them.

PLUS THAT VIDEO IS ANOTHER AI FAKERY.

TELL YOUR WAR CRIMINAL TO GO SIT AT HIS CABINET MEETINGS WHICH HE HAS NOT BEEN SEEN IN FOR 2 WEEKS, OR GO DO A LIVE PRESS CONFERENCE OR INTERVIEW, SO WE KNOW HE IS STILL ALIVE.



The pain in this post is enough to generate 10k megawatts.

NOT THIS AI NONSENSE.

Malagans:
I fear pastors more than bandits

I'll rather run to bandits for safety than run to any pastor.

You won't understand my experiences with these pastors, but it's fine

Gotocourt:
Accident wey tipper lost control and crushed over 10 commuters

ElevationD:
@37 kilometers everyday!
E possible so? Not that I am really doubting though.

Mattswaggz:
If Israel mean am dem go still get am....and that their supreme leader way still day make mouth.

Holluwhakemmy:
Gaybriel in the making