₦airaland Forum

[quote author=Lithiumite post=140243536]

A proper economy must have its currency at a stable band,whether high, whether loe isn't the issue...... when this administration came, the rates were changing almost on a bi weekly basis that it got as high as 1,700 and no one knew what the rates will be the following day.

You are not answering my question, what is stability without value, the naira stands at #1388 to $1 what is the economy impact to cost of production

1,388 per dollar might seem like expensive to you but exporters will have a leverage because nigerian goods would be more attractive to foreign buyers

. so lithuimite 1388 almost two of your highest currency exchangin for one is cheap to you .... How significant is Nigeria export volume over value ... You sell so much for less how does it amount to favourable balance of trade. check d stats
Remember cotonou, those years we took advantage of there currency to go buy cars, rice n stocks from them, where they ever better than Nigeria despite export to us .... Thats the simpliest way i can break it down to you,

,a weaker naira against a stronger CFA franc will make nigerian cocoa or cashew more attractive thereby earning the country more forex,same for finished goods.

This is the lamest ideology anyone should have, demand is not mainly on cheap, Nigeria crude is one of the most expensive .. Yet most sorted
Its very dafft as a person to made your currency useless becos you want to drive export demand up .. Who even think like that
Us by rating is the highest net exporter ..the USD is higher than most country buying from them, meaning US product is not cheap ... Your notion of boost export at detriment of currency value is highly ridiculous, i being modest with you

A stable currency brings investor confidence,which will drive FDI and keep it within the system for more predictable returns.

That were you know naive minds, stability in a country purchasing power is eroded means nothing to an investor ... an investor is keen on recouping his ROI .. How do you make an ROI in a country 63% are below poverty line and 80% purchasing power have being eroded

Where are the investors so far, you people just talk talk, reality check don't corrobrate the white paper achievements

Learner247:
Guys, learn to separate yourself from politicians!
This allows you to praise and criticize constructively when needed.

What I expected an intelligent person to do is to check the exchange rate in the last 24 months like he said and see if volatility has been less than 3-5%; then check the Stock market performance and finally see how he or she can benefit from the boom, if available data validate the man’s claim.

What are even saying, You are so greed alll you care about is how to make money off what makes the lives of million miserable

I already checked n post $ is 1388 dis morning .... You think forex trading is for everybody, you cant see a forex trader that praises for naira to strengthen, they wake up everyday praise for another country currency, USD moon naw

As at this morning how many Nigerians woke up with minimum of 500k in there account .. and you are here forming motivational speaker

Lemme ask the credence/rating of a currency is it in " stability or in value"

Perhaps i am not educated enough

Lithiumite:
Its obvious you do not know what stable means.......just Google yhe rates from 3rd quarter 24 till date.......you dont have to criticise everything so as not to look dumb.

Please my friend educate us how stability is the credence of a currency over value ??

I check dis morning #1388 to $1 i dont earn in dollars what does that mean for me ??

Whether Peter Obi becomes president or not, how does it stop the progressive of the igbos, these guyz are doing well in there various business and buying up lands from me & you ancenstral land in lagos,

Asides naa Yoruba man like me dey there, what is the benefit of Tinubu presidency to the south west .. Is it more light, lesser standard or cost of living

Yoruba is president if i go filling station does it mean i am paying less ... I can never understand how some of you think

There is so much going on in politics that some of you brain cant carry it, who wil believe obasanjo is subtly behind Tinubu to Win buh he feign he supporting Peter obi .. Naive nigerians are mostly played during election season

Isaac fayose is human, dont be surprise if he shouts Obedient in the afternoon and sings Apc la'wa at night...

sleek214:
As em no support Obi, em don become clown abi?

What he just said His is reasonable, i won't act like Tinubu data boiz n hunt for the messenger

What isaac said, is measurement of currency in stability or value

Is the purchasing power of naira in stability or value

We have being hearing naira is stable from Tinubu for months ... What postive impact as it to the cost of production for manufacturers

Naira is stable, as this morning dollar is #1388 to $1 fayose can call pasuma But is it a joy as a Nigerian your two biggest note 1000 & 500 xchange for $1 ... the implication on fuel we buy at 1300 per litre ... Is it really kudos to the economy

He said the Economic now performimg, but what is an economic without Budget performance ... Is isaac aware in the last 3yrs the economy he praised can not finance 30% of capital expenditure,
Is he aware the deficit between each yearly budget keeps widening apart

Now how do you seperate Budget performance from Economic performamce

Recently okonjo iweala made an observation on Tinubu economic and gave him advise ...people should go n read that is the economy isaac is proud of

Most of this boiz have investment in dollar, thats there real source of income, if isaac was a manufacturer will he say Naira is stable and dance for Tinubu

Nigerians election is coming it time for boiz to cashout anyhow .... Follow yourself nd stand where you believe will deliver the better Nigeria yu want to see

Isaac knows what he is doing, naa you remain

spencekat:
Seun Okin: You were a Governor, he was a Governor, You were a Minister, he is a Minister, he was a Local Government Chairman, you were not!


Seun didn't complete it, Amaechi was a speaker for 8 years, while Wike was not even for a day.

Amaechi reminded seun i hired him ...it is on record everybody knows,
nothing Wike can be in life that a reverse will happen

for me thats superior response

Gotocourt:
His ambassadorship is still hanging, yet to be giving letter of crecidence at Mexico .

Na true oo .. Reno just realize Tinubu gave him a expired #1 billion naira cash ...see money for hand yet you no fit buy c"mon coke inside 🤣🤣🤣🤣🤣

Tinubu just punish Reno n Bwala to kum swallow their vomits back nii

abeg make we leave this matter alone ... Before e turn group vs group

Religion vs religion

It is under APC nigeria will protest and on other side you will see anti protest carrying placard ... Say no to protest

Apc like this kind of game

[quote author=CharlesCNG post=140235489]

You began by accusing me of “concocting lies,” yet your first claim is itself wrong: Labour did not ask for ₦62,000. The Federal Government and private sector offered ₦62,000, while Labour reduced its demand from ₦494,000 to ₦250,000.

thats why i said if you did not understand the question you should have left it instead of playing smart ?

the question was mention one recommendation Tinubu took and applied ??

By evidence i posted, Labour recommendation and what Tinubu later implemented as minimum wage are coastal lane apart, #250, 000 to #70,000 that over 300+% slash

On the student-loan law, nobody denies that the original Act contained implementation problems. But rewriting an unworkable law after criticism is precisely what listening and responsive governance look like.

Oga no whyne yourself, if you buy a toyota camry fender mistakenly for your corrolla, nd panel beater tell you oga return it ... Are you a listener becos yu returned it 🤣 .. No go naw make dem nack camry fender for corrola for you 🤭

The 2023 student loan act is like bringing a square peg brought for a round hole you have no choice, even if nobody complain, you will have to make changes.
cleverly, i get they can present it as we listened to Nigerians. But you nd i should know thats not true

You cannot say, “They amended it because it was defective,” and then insist the amendment does not count because they had “no choice.” Governments always have a choice: correct mistakes or stubbornly preserve them. The 2024 law removed obstacles that had delayed implementation

See this man, i just did an amendment that comes from a place of wrong match does not count as listening thats my point, i didnt say, do not count as amendment .. Lets be clear

Your claim that government ignored Nigerians on tax reform is also false. After public opposition and legislative consultation, lawmakers retained VAT at 7.5% instead of the proposed 12.5%, exempted minimum-wage earners from personal income tax and substantially altered the proposed VAT-sharing formula. Those are not cosmetic changes; they affect millions of Nigerians.

Oga pap no get mark, na leaf draw mark on it .. The vat was retained nd speculations of increment never went beyond speculation So we cant Posit they listened.
Let me tell you an interesting fact, Buhari increased VAT from 5% to 7.5% after 26yrs and crazy emilokan want to increase VAT btwn 4yrs .. That Tinubu wicked oo !

Even on electoral reform, public pressure produced movement: the Senate reversed its earlier position and supported real-time electronic transmission of results.

You have completely lost it 🤣🤣 my broda say real time .... The real time wey dis yoruba senator came to channels to discredit its not realistic, no network in some place there it is back to discretional, as the presiding officier deems fit, our fate is on presiding officier.
Emilokan no even wait 24hrs, baba use 5G speed sign am.🤣

So the honest argument is not that government listens to every demand or always responds adequately. It plainly does not.
The defensible argument is that it has listened and adjusted on several major issues.

Bro ths arguement is these Govt have no record of doing one things according to Nigerians demands.

If your wife ask you for 500k for house upkeep then in the morning you give 90k .. Shebi you have listened, 90k is money 🤷 i hope the ladies are listening

You cannot redefine every concession as “they had no choice” and then declare that nobody listened. That is not deep thinking; it is constructing a conclusion that no amount of contrary evidence is allowed to disturb.

I will, Becos you have failed to establish were these govt had choice, and they listened to nigerians. Common national anthem emilokan change am

nysc cloth they wan change to yoruba cultural attire .... Na becos of election they sharply put that one on hold 🤣🤣 make dem no offend youth

So many evil on hold, becos of election, Nigeria will see shege pro kuku kill us in 2nd half 🤣 by

Mk

Willy2025:
Mission accomplished. 2027 is in the bag for Asiwaju. This coming election is a mere coronation. All is fair in politics. If they like, they should move past Onaiyekan and bring the Pope from Rome to come and campaign for me. Himself go collect. Any priest that doesn't stay in his cathedral and put his mouth where it doesn't belong, will collect and body go tell am. Ask Onaiyekan since weekend

What do you mean collect, maybe you don't know .. Make i gist you leaders Onaiyekan have faced nd today they are either dead or not relevant in Nigeria again

1. abacha ... Dead

2. Jonathan .. . Irrelevant

3 . Buhari ..... Dead

4. Tinubu .... ? ?

Sey you see the sequence series if you get sense you should know what Tinubu will be by now

Onaiyekan since 90's, he spoke nd We saw the Presidency shook like never before. For the 1st time i saw Tinubu struggling not to explode in anger ... thats why he goofed more

A sensible president wont say their is hunger in the land before i was born before eldera n camera

A sensible president wont say ALL is fair in politics, already people are alleging your plan is to rigg 2027 election

Yoruba wil say won pe è ni olé otun gbe omo èran jo

CharlesCNG:
The bishops’ visit is not evidence that Tinubu rejects criticism. They presented their concerns; the President answered them.
Disagreement is not censorship.

You asked for one example: after labour rejected the government’s ₦62,000 minimum-wage offer, Tinubu raised it to ₦70,000 and shortened the review cycle from five years to three.

The student-loan law was also rewritten in 2024 after concerns about restrictive access and implementation. You asked for one, i gave you two. there are many , many instances.

So “Tinubu has never considered criticism” is demonstrably false.
Listening does not mean accepting every demand exactly as presented.

I am very disappointed in you, Just say you did not understand the Question instead of descending to concortion lies

Labour asked for 62k 🤣🤣🤣 i was even telling my woman labour is just being unrealistic, govt cant afford it

2nd you said student loan, now student loans applies to less than 4% of Nigeria population, i find it inadequate for the convo.
The ammendment of the student loans may appear to be becos of criticism buh for deep thinkers .. It is becos it is demmed unimplementable. It is not like they have a choice, it is unimplementable they just have to re write then it appear like we listened to the people.

tax reform , electoral reform that applies to greater % of Nigerians why dem no listen,

CharlesCNG:
Media interviews and commentary are useful for understanding a politician's views, but they are not substitutes for specific evidence.

If a factual claim is being made, it's more helpful to point to the particular interview, speech, policy document, or official statement that supports it rather than referring generally to TV or radio programmes.

That makes the discussion clearer and allows others to verify the claim directly.

Finally, Thank you for the civility of your arguments. This is what democracy is all about.

There can never be unanimity of opinion in a free society, and there shouldn't be.

People with diffrent political leaning will analyse the same facts differently and arrive at different conclusions.

What matters is that we continue to engage with one another through facts, logic and mutual respect rather than insults or intimidation.

We may never agree on every issue, but we can certainly agree to disagree without being disagreeable.

That, ultimately, is the hallmark of a mature democracy.

[quote author=CharlesCNG post=140232265]

Media interviews and commentary are useful for understanding a politician's views, but they are not substitutes for specific evidence.

If a factual claim is being made, it's more helpful to point to the particular interview, speech, policy document, or official statement that supports it rather than referring generally to TV or radio programmes.

Once again you need keep dis entitle mentaliy in check ...

Note ; we dont owe the president Alternative, you are pivoting nd making it sounds it is Nigerians that are failing the president nd not the other way. that said

I don't know how to be more specific for you when you are not ready to search yourself ... Google is there, search Atiku gives recommendation to president Tinubu. Read through, if yu think i wil attempt wake a man feigning to sleep.

That makes the discussion clearer and allows others to verify the claim directly.

Bro ! Don't give me lecture 101, you have brought nothing to this arguement other than asking questions.
I have ask more than 2 times ...Mention one alternate recommendation given that Tinubu have taken. Look at Tinubu countanance when the Bishop were talking to him in that meeting ...does that man look like someone open to advice. I have gift i can read body language, demeanor in 60sec with you

Finally, Thank you for the civility of your arguments. This is what democracy is all about.

I dont know what to thank you for cos you given me nothing to validate why you support a babarian government, how can you say this is democracy nd your president said ..ALL is fair in Politics

How can you say this is democracy nd El rufai is unlawful held in prison over a bailable offence

There can never be unanimity of opinion in a free society, and there shouldn't be.

don't patronise bro, the truth is we have never had it this worst .. We are almost in a state kiss Tinubu ring or rot away

People with diffrent political leaning will analyse the same facts differently and arrive at different conclusions.

conclusions may differ, buh majority group conclusion stand as Fact., Nigreria largely are saying Tinubu is a failure

What matters is that we continue to engage with one another through facts, logic and mutual respect rather than insults or intimidation.

The question is are you receptive to truth, cos if you cant stand the truth you cant take Facts.

We may never agree on every issue, but we can certainly agree to disagree without being disagreeable.

we don't have to Agree, buh where you see Facts n peoples reality ... disembark

That, ultimately, is the hallmark of a mature democracy.

You are the one that want to defend Tinubu a govt that want to bully its way back to power ... God dey
Here is Atiku recommendation hope its specific.. Google search

[quote author=CharlesCNG post=140229248]

Your argument raises several distinct issues that are worth separating.

First, saying that hardship is greater today than under previous administrations is a different claim from saying the current administration is solely responsible for it. To evaluate that fairly, it would be necessary to consider inherited economic conditions, policy choices, external factors, and a range of indicators such as inflation, exchange rates, public finances, employment, growth, and security—not a single measure in isolation.

i agree inherited condition is valid arguement, But the moment you changed to you own policy nd run for over 3yrs ... I am ready to judge you on you. I no know if you follow
If i give mechanic my car with a bad ansorber if he patches it up for me to continue to use .... I cant blame him everytime it fails But the moment he ask me to change nd i pay him to buy absorber .... should the car hand fail i can blame him exclusively thats an analogy

Second, it is true that citizens ultimately judge governments. At the same time, public assessments are typically informed by both lived experience and measurable outcomes. During periods of major reform, those two may not always move in the same direction at the same time.

What " reform" are we talking about, A reform that takes away what people benefit from govt and take more from the people
A reform that says people should sacrifice But the politicians are on a lavish spree chopping n ordering isewu anyhow
are you kidding .. A reform that completely ignores Oransanye report and focus on how govt can extort more money out of Nigerians instead of looking into production. I don't need to be an harvard graduate to forecast a economy built on Tax, levies & loans instead of productivity is going nowhere.

Third, the assertion that alternative ideas are rejected because of who proposes them is a factual claim that requires evidence. Demonstrating that would require documented examples where a proposal was dismissed because of its source rather than its merits.

Now you sound entitled, point of correction we didnt vote the president and still be the ones racking our brains to provide solutions However for objectivity i will oblige you
Atiku gave recommendations at some point to these govt and if you can just open google type Open letter to Tinubu you will see loads of it giving recommendations nd telling the president the state of the nation like they knew he is not aware .. If that does not impress you, May i remind you we dont owe Tinubu recommendations.
I cant give car to mechanic nd still be the one proffering solutions

Finally, asking for examples of criticism that influenced government decisions is an empirical question. The appropriate way to answer it is with specific, verifiable cases rather than general impressions. Likewise, claims that no criticism is ever considered would also require supporting evidence.

The catholic bishop that just happened nkor, is that not a fresh evidence, To the point they attacked & discredit catholic church can't speak for xtain.
I have mentioned one, Please you tew mention one criticism Tinubu have considered,

Keeping these questions separate helps make the discussion more precise and evidence-based.

There is no answer or evidence you are demanding of me that you won't see if you listen to programs on channelstv or Arisetv, or mainland fm daily

zoedew:
JANUS FACED CARDINAL! I THOUGHT YOU TOLD HIM TO HIS FACE ALREADY! I AM NO TINUBU FAN BUT IT IS AS CLEAR AS DAY THAT YOU ARE OPENLY PARTISAN ABOUT THE 2027 PRESIDENTIAL ELECTION AS TO CONCLUDE OPENLY THAT TINUBU IS DESPERATE ABOUT WINNING THE ELECTION. I GUESS PETER OBI YOU SPEAK FOR IS NOT DESPERATE TO WIN THE ELECTIONS!

These one dey whine himself, beta admit where you belong nobody go beat you

If it is just desperation e for good .. Tinubu said[b] ALL is fair in Politics[/b]

Please look for anyone with wisdom in your Area .. Ask him or her to interpret ALL is fair in Politics

Fiscus105:
The same man that has said it repeatedly that, he feels for Nigerians and acknowledged that Nigerians are passing through excruciating pains....

If Onaiyekan has said, the pains Nigerians passing through, are supposed to reflect among political elites and people in govt, I would have applauded him.

Meanwhile, saying this at this at this time of electioneering campaigns, would be interpreted as demarketing ruling party in favor of oppositions. Not even when one of leading oppositions candidate is from your own denomination.

Dont even kum n play this card, why now ..... Na today we don dey drag n speak truth to Tinubu ... He was in lagos 1st year market woman scream ebi pa waa!

In Tinubu various oct 1 speech didnt he acknowledge Nigerians are suffering ... So what are the bishops saying now that people didnt start as early as 2024 sef

Before Trump said there was xtain genocide have Nigeerians not say it to the president .. do they ever listen

Look at his spokeperson formation, Bwala, Onanuga, Fayose, wike, Reno .. These are attack dogs they are always on offence

Becos election is here, we should take the truth off the shelves nd lock it up in the store .. they demarketed themselves cos Nigerian are speaking by their reality

helinues:
The hardship that started just in 2023 right?

You can gaslight us .. Tinubu claimed there was hunger before he was born but history holds that in 1974 Nigeria lent world bank $240m .. Tinubu was born in an era that led up to 1974 ..if there is hunger it cant be significant

The point we are making Tinubu might be the originator of hardship but he has complicated and worsen hardship, we are on a new level

Inflation between govt b4 no dey pass 40% buh under Tinubu inflation is flying over the moon @ 300%

you didnt start the hunger, Buh your actions have worsen the hunger to acute ulcer sef. Thats our issue with Tinubu

franchasng:
I had an opportunity to interact with a staunch Tinubu supporter over the weekend and after that interaction, I realized why they are supporting Tinubu......the favors....the financial and political gains even in business no be here oh. These guys supporting Tinubu with all their blood, I mean the ones close to Seyi or Tinubu or Gbaja or Madam R and co...not the online supporters doing it for salaye and for tribal-dick-measuring with Igbos, are enjoying a lot.


Free clearance at the ports, airport terminals, freebies here and there....single call and whatever you want or do will be favored....political connections, contracts, jobs in juicy agencies....appointments.....the list is endless......so no blame all the main and known faces supporting Tinubu......they are enjoying massive favors from the Presidency, so they are doing it for their selfish gains and I won't blame some of them much even though its inhumane and unethical

Oga we know those ones naw, i can understand a Seyi law a Chiefpriest supporting Tinubu no matter what .... But for some nobody here we know there monikers .. It baffles me

I decided to join voting since 2011, nd it as being AC, ACN to APC till 2023 .. I grew up in mushin an AC base .. Buh after voting Tinubu is 2023 nd i reviewed his navigation for 2yrs i knew there is no hope for the c'mon

performance of a govt should not only be seen in the books it must reflect on the lives of people

yarimo:
Mr onaiyekan is just looking for money

What a very interesting way of looking for money ... To get money from someone you criticise the person

You fit spray musician wey dey insult you money .. Una go just talk wirhout sense

I am sure your seniors would have search inside out of Onaiyekan social media accounts to connect him to OBi or one opposition, they are looking for any report to hunted down Onaiyekan ... Gurl wey e toast in secondary school they are looking for it to shade him

we have never seen Animals like we have in Tinubu govt ..

[quote author=CharlesCNG post=140223544]My brother, you are asking the wrong question.

The question is not whether Nigerians are facing hardship.

They are.

The real question is what caused the hardship, what is being done about it, and what is the credible alternative?


Gud ! I luv your questions, lets address it one by one

A. What caused the hardship, it is true Tinubu is not the originator of hardship Nigerians face But it is a Fact Tinubu has complicated nd worsen the hardship Nigerians presently face
Pick jonathan, buhari and Tinubu for comparison .. under who is the hardship on another scale or what do we call 300% inflation,

B. speaking of what is being done, Yes the president have explained what he as done and what he is doing .... But are the results reflecting changes in the daily lifes of the people

If you employ me to fix a car , i did my job, to me i have done my best ..buh it is not in my place to creditscore myself as mechanic ... Na you go score me n thats the logic Tinubu dont want to accept, that you give your best doesnt not mean we must lower the cut off to meet your best ...

C . alternatives ; if you are open minded nd have being following politics closely ... What as shown the Govt of Tinubu is receptive to alternatives.

I see you use the word " credible" thats the mischief, ... the credible is never about the message it always about the Messenger, as i am talking Tinubu boiz problem is to detect if i am igbo, obedient or catholic .. So how do we move ahead

Lets be sincere, nobody disagreeing voice can ever be credible to Tinubu, in the last 3yrs mention that one name in Nigeria that have criticise or advice Tinubu nd it was well taken. Just one

As much as New roads are good and concrete roads are commendable ... waas that the challenge the president promise to kum n fix.
What does a coastal high way or lagos to sokoto highway really mean to Nigerians compared to rising standard & cost of living, unemployment, insecurity and power failure

Olubadan praising Tinubu has right to his opinion, and those that have courage to tell Tinubu the truth have right as well

Onaiyekan a bishop is apolitical But olubadan that enjoys allocation from budget is credible ... C'mon

They won't call it partisan ... Infact they will use it to campaign, they won't question olubadan past n being a Politician

Buh let assumes Olubadan went there and conveyed the bitter truth ... By now all his past record, whether he steal or how he was impeached or relegated who be the topic of discussion by Tinubu data boiz

[quote author=Skydiv post=140220831]S

ee how you cunningly avoided the underlying issues I raised after answering your question.
You keep saying developed countries practice subsidies without corporate inefficiency.

You joined a conversation, b4 you i had maintained SUBSIDY is not the cause of ineffeciency, since we removed subsidy on fuel, is Nnpc efficient now, buh money is still missing and they can't give proper account .. Our production stil below optimal ...if not for Dangote refinery

What you consider underline issues are skin surface issue to me, the real underline issues we must address 1st is
A. Corruption
B. Human factor/mentality

That subsidy worked abroad is enough proof, subsidy can't be the demon

You are completely ignorant about how those countries operate. In the US and UK, the government does not give blank checks to private electricity companies to cover their debts or compensate for stolen power.

Gud ! What you just explained denote measures to mitigate " corruption" ... We have being shouting corruption ova 10yrs ... Tinubu brought reforms to ensure nigerian dont escape Tax, why cant we have such reform or restructuring that wil mitigate corruption in the power sector

Why not try to run like Uk or Us 1st before you conclude ?

They subsidize the consumer directly (through energy vouchers, tax credits and refunds, or low income welfare checks). The private power companies still have to collect 100% of their money from these customers, install smart meters everywhere, and maintain their grids perfectly to survive.

You have just wondered into my point, there subsidy is loop proofed becos of how they structured it and on our subsidy is a big pothole because of how we structure it. therefore common sense dictate restructure 1st before other conclusions

In Nigeria, the subsidy goes straight to the top to bail out lazy, private DisCos that fail to meter households, fail to stop energy theft, fail to collect their own money from their customers. You cannot compare a structured Western welfare system to a parasitic Nigerian corporate bailout.

Stop saying bail out, except you dont know the definition of subsidy ... Govt subsidy consumers indirectly in Nigeria... they paid a % of your actual bills ...
Bailout is what you give someone outside what they merit, govt no bailout discos ... they earn the money by theory

Just to let you know, the cost of running diesel and petrol generators is currently three to four times higher than paying a full unsubsidized cost reflective electricity tariff.

uncle no decieve yourself, subsidy or no subsidy WE don't have infrastructure or capacity to dole out stable electricity, our transmission network can't withstand stable electricity ...lets be realistic govt removing subsidy wont guarantee light to All .. the suriest outcome is Nigerians we pay higher for darkness

The subsidy is not saving businesses; it is keeping them trapped in a cycle of buying expensive fuel because the public grid is naturally dead.

how fuel subsidy removal placed out nd nnpc is stil inefficient and we are not seeing any competition even though professors argued it one merit to remove subsidy ... Upon this basis is why i find your projections invalid

Base on whu we are, they will remove subsidy nd inefficiency go stil rock that sector ... Oil & power sector are in poisionous hands.

[quote author=Skydiv post=140219072]

Yes if the government kept up to date with subsidy payments the discos will still experience massive financial shortfalls, because the subsidy does not negate profits rather it protects corporate inefficiency.

C'mon !! The fact that there are developed countries practicing subsidy nd none records corporate inefficiency is why i will discard your point

Bro inefficiency in Nigeria is more of attitude, interest and human input " factor" not FUND in most cases esp. In govt space

when subsidy was still on fuel, Many argued subsidy is why nnpc is underperforming, why refineries are not working, why govt cant build infrastructure they painted subsidy is why Nigeria wil enjoy cheaper fuel competition could bring ... I lie
3yrs down the line subsidy is gone, howfar ?? How efficient is Nnpc now
Are our refineries now working ?

Do you know we now run 3 budget concurrently we cant even fund one to 50% ..despite subsidy

SO when our midnite professor kum with all analog to demonize subsidy, kill it, shoot it bury it ... Lets ask ourselves what have we gained after

My broda you forget there are implications .. If you remove subsidy on power, Inflation will × 3 cost of production wil jump up, already Nigerians, businesses are choking for breath
you guyz are so focus on eliminating "subsidy" buh in the room we have corruption chilling fine, subsidy will be buried, high revenue generated where there is no accountability ... Funds will be looted as usual then we will realise we have suffered for nothing again just like we are on Fuel

Can you see govt give proper account of subsidy savings, is it the sacrifice worth it now, i have given it to your governors, imagine

I see other things you wrote, but if you get my point, we wont need to go into all that ... More revenue will not foster efficiency cos we are a corrupt nation, more revenue means more to loot, ope ooo!
Our problem is mentality, human factor ..not funds

helinues:
Are you people in the opposition more Nigerians than others? What are you experiencing that those who are supporting this government are not also experiencing? You people should first clarify that

these is the problem with Tinubu & his supporters, they see everything from the lens of us ..which opposition sent you ?

If your question is true, you feel what i feel, you feel what this woman is feeling and you are still singing Bola on your mandate we shall die then you need to be in some deliverance centre prayer city

helinues:
Running around the circle while others are moving at the speed of jet

Should the opposition have brought up the certificate issue again towards the 2027 election if it didn't work in 2023

Have the opposition given up on winning through the ballot as they are supposed to be busy campaigning against president Tinubu with his bad policies which are affecting Nigerians, the reason why he must not be reelected.

What's the rubbish of recycling obsolete tactics?

What exactly do you want ... You said opposition are focusing in real issues as it concerns Nigerians

Bishops across the country went to the president direct and presented the real issues ... He threws shades at them

Less than 48hrs Bwala is out saying the Bishops work for Peter OBi he sent them


Can any criticism be accepted before APc with the responses we alway see ... Can they ever take the message nd leave the messenger. so stop whyning yourself we said there is hunger Onanuga went to arisetv say he cant see it

We say their is insecurity, Bwala went to channels to claim Nigeria is more safer under Tinubu than any govt ... So what real issues remain bayii

[quote author=Skydiv post=140217507]

Bro, I don't think you are getting the point that jakarta is trying to make. The current electricity subsidy will only cripple our power sector, not revive it

I think i have ask ...what do you take subsidy is cut on actual cost, You mean subsidy negate " Profit ... Cos why will else wil you blame " subsidy instead of seeing DEBT is the problem.

Let me ask Should Govt keep up to date with subsidy do you believe discos wil still be on shortfalls ... Its important we clear that 1st so we know what we are really discussing

. It is making DisCos very inefficient and lazy; imagine a child from a wealthy home whose parents use money to buy him grades in his exams, odds are that H6ADYE will not want to read his books, because he believes his parent's money will give him the needed grades. But what if the parents say to the boy, Pass your exam in flying colours, and we will buy you a PS5. Yes, it will be difficult for the child initially, but with time, reading his book and aiming to get good grades will almost become a normal target for him with time.

Discos are now seeing subsidy payments as free money and not wanting to invest in their business from their own pocket; as such, when the free money doesn't come, everything collapses.
Let's use South Africa as a case study. First, the power companies invested in infrastructure (turbines, transformers, meters and all others); this should be their non negotiable responsibility from the onset. After all that, power is evenly distributed to all households, albeit at a very high cost which most poor homes couldn't afford. The government then came in and said ok being your government, this is what we will do to help you. First we will verify the truly poor homes, then we will help you in paying certain power unit e.g we will help you pay 60Kwh every month, anything beyond that will be paid by you. With such a system in place, the subsidy payments now look more targeted, the more customers on the grid, the more connected poor homes which will lead to even more guaranteed state backed sales. These one caps fit all open blanket subsidies Nigeria is practising are just a ticking time bomb that are guaranteed to explode. Nigeria DisCos are using subsidy to scam the Nigeria government and her citizens.

🤣🤣 You kmow what i find very funny ... these was how midnight professors were discrediting subsidy on fuel ... Postulating Nnpc wil be efficient, production will boom, competition, blah blah ...3yrs after howfar ??

If not dangote refinery, we for don see shege. Some of learn lessons from past, and some just never learn

[quote author=Jakarta post=140213201]

Ogbeni na wa for you oh!!. Your teacher for school try oh!! even though he/she teach brick wall. So according to you, the usefulness of a government is by paying subsidies that will end up impoverishing her citizens even more, U don pass 14 so?
There is no free food even in freetown, this shouldn't be too hard for you to understand.

I should be redirecting those statement at you ... I can't thank your teacher cos you don't even know brought about creation of govt, when you define democracy you notice people as more repetition cos it about people
Across the world esp. Develop countries you wil see govt intervention in Basic needs of life to the citizen, healthcare, schools and majorly food .. Hence food can never be ur problem in Uk, Us, e.t.c it like govt oversubsidize if its not evil there why should subsidy be Evil according to govt in Nigeria. A not sustainable but we can sustain pilgrimage nd opulence within short time

Yes corruption exists no doubt about that, but subsidies will only give more room to this same corruption

Here we go again, blaming " subsidy for " human defect" .. The fact that subsidy is not corruption coated in foreign nations till now means we can have a corruption free " subsidy" you can cure headache without cutting off ur head, thats my point. Have we tried to reform or restructure "subsidy route" big No. So your conclusion is baseless n invalid


.

DisCos are already using it as a yardstick , if you no be small pikin this thing nor suppose too hard for you to understand

Do you know that even in america or uk, if there are no security measures in place, people wil just wana commit crimes for fond of it ... You see south africa using xenophobia to steal n loot shops

my point, its Govt responsibility to have created advance security measures by now to disuade any antics of corruption. Disco no be issue, your govt neva do weytin dem suppose do nii

.

Should I be paying for the things you listed above and the government is still paying subsidies for these same thing, of what benefits is the so called subsidy to me then?

this guy funny sha, which one be should i be paying, you are paying for those things and you are not getting cost reflective services, why you chose to be a cunny here doesnt add up to me, are you one of them
the benefit of subsidy is not in service rather it in cost relief, discount to your financial burden. maybe you are a billionaire money na water but it matters to most Nigerians.

Subsidy payment is not an investment in new infrastructure or maintenance, rather it is a bailout mechanism to cover massive commercial financial shortfalls within a broken, debt ridden supply chain.

uncle i shame for you in short Subsidy cover the payment of "discounted balance" on actual cost to consumers book no hard na you no wan read nii. @ bailout 🤣 imagine

Despite the huge subsidy projection about #1.2T for 2026, the funds merely patch up systemic leaks instead of expanding the power grid. I would prefer the government investing such amount in same sector, instead of using it to pay debts that her citizens stand to gain very little or nothing from.

Here we go again, alaroye ... subsidy is not to patchup leaks ... what you dont know you dont know. Hence of subsidy is to take up the balance of " discounted billing to the people" and govt intentional do it to ease burden on households n businesses. Subsidy removal on fuel see how everything jump up in price

The government still owes GenCos over ₦6.2T, gas suppliers over $1.3B. GenCos are complaining that they are paid as little as 10% of their actual invoices, as such they lack the money to maintain turbines or buy gas, forcing Nigeria’s available electricity to hover at a low 4,000 - 5,000 megawatts. Can't you see the subsidy is causing us more harm than good? These things no suppose too hard for person wey don pass 14 to understand na, ebabo.

If Govt is not paying how is subsidy is the to be blame,. have you ever seen Govt ever complain in our history they dont have money to continue finance there opulence lifestyle, it as always being what benefit the people that they are always broke about , something as paying salary is now a campaign achievement
The chose to owe Disco becos govt fail to effectively plan for it. Govt owe salaries is salary to be blamed

We should be more concerned about how the government intends to utilise the funds saved from non subsidy payments

Perhaps you are just one of them, the subsidy removal funds how have that benefited us today, is it not i have giving More Money to your Governors we hear as defence .. Our sacrifice/pain is it worth it .. I have given it to your governors
You talk as if you dont even see All that as happen, do Nigerians have a say in Tinubu govt kini WE fé dá

.. The questions we should be asking are; how will these funds be utilised, how do we hold DisCos, GenCos, and the government accountable, what cautionary, and incentive measures does the government intend implementing?

They whine yourself, all the ones we hav ask down which one have they replied, even when they reply is a reply abi fight back ...we are in a situation We say what we wana say they Do what they want to do. shout from now til tomorrow

PBAT wan open mouth wa and say subsidy is gone again without planning for the adverse effects? These should be our source of concern not it's removal.

What will your " concern chronicle" change, electoral laws amended we raised concern, no be so dem rush am pass am, Tax reform we raised objective concern yet they rush to pass nd sign it
If you dont learn from antecedents, or events, some adults do

Loop

Jakarta:

Would you prefer the government paying subsidy for darkness? Do you still remember the state owned telecom company called NITEL, how far today?

If i can endure paying for darkness tell me why govt shouldnt endure tew ... After all what is good for the goose

I mentioned Nitel, dont ask me howfar, is it non payment by Nigerians that killed Nitel, the truth is that govt corruption & mismanagement killed nitel

And that why some of us are saying, removing subsidy not the evil, govt hand is the poison, nothing govt own is working effective down to hospitals

How would you rate the country's telecoms sector a non subsidised sector Vs the subsidised power sector?

If you think you can muddle up tinz to confuse me,🙂 oga Telecom succeeded becos the poison hand was cut off completely... As nothing to do with subsidy or not, drop that false notion

Do you remember people bought SIM cards for 50k as far back as early 2000's how much is same SIM card today? Way back then owning a cable TV was considered a luxury, the government even came up with a subsidised version called STAR TIMES, where is same star times today?

If you have memory like you feign, how long did it take for prices of sim to crash ...didnt take up to 4yra because that sector had true competitors and no poisonous hand of govt in it

Those who bought your discos are govt proxies, baxters that need nigeria retrogressive to keep ruling us.

If you check carefully our most successful sectors are those sectors with very little or no involvement of the government. Anything wey our government involve for this country dey always get comma.

uncle non payment of subsidy does not exist govt involvement is power ... In other sectors you mentioned this are complete private ownership no proxy or connection to powers that be anyway
you see power and oil those two sector are under the claws of powers that be ... Subsidy does not exist ownership.

So its smaller picture to see subsidy as a problem when true ownership is in poisonous hands

As for our current low power generation, it will only get worse with time as far as subsidy is involved. Investors don't want to invest in our power sector because the government still controls it, nobody wan throway money inside pit.

I think you have a lot to learn, like i said before subsidy is not why power failure persist .... Govt backlog debts is why disco can fund gas supply adequately ..Govt is always owing back to back But the same govt always has money for pilgrimage. Misplaced priorities
lets see govt clear back logs of debt n meet of subsidy payment duely 1st ... then you can come n confuse me

The government should focus more on incentives and regulatory roles instead of the current father christmas roles that favour only a select few this is what developed nations do.

Coming from a Nigerians, i thought you said you pay for security, wire, transformer, viligante n every basic needs and you are happy that Govt has no Contribution directly into your life. You can"t tell me you are a normal person ...You must be part of these rogues

What kind of citizen wil not want Govt contribution in any form, so what is the usefulness of govt .. When i am a govt on my own ... I did my own gutter, contribute to grade our road, pay for viligante so what is my gain from govt if subsidy is completely off the table

If you are in lagos, we pay waste management dem no kum pick waste .. people like you would jump online to blame it on subsidy ..assuming it exists. Smh

Jakarta:

I'm not demonizing subsidy, but just swallowing the bitter pill, let's be honest the blind subsidy Nigeria is practicing is not sustainable, it only enriched few people at the detriment of those who this subsidies are meant for.

I won't allow you to muffle things up, subsidy is a significant presence of government in her people's life.
Hardship is inevitable globally therefore arise the need to integrate " subsidy" into governance, every develop country do it in one form or the other
If you know the subsidy system is opaque, what stops restructure nd advance security measures to detect n block or loops .. Don't tell me it not possible or is cutting the head off a solution to headache. C'mon

With the same energy Tinubu is using to reform tax n ensure no one escape Tax have we ever tried to restructure "SUBSIDY" before concluding it unsustainable

Its unsuatainable rite but our govt lavish opulence expenditure is sustainable ... Look at the billionaire wasted yearly on pilgrimage, buying Suvs, new appliances and renovations overall cost including churches, mosques, king palace

DO you ever see politicians argue there expenditure is not sustainable But whatever the poor benefit from e no dey dey sustainable .. We are not fuulls

Customers buy meters, pay for poles, fund repair of transformers, still they still don't have electricity. Of what use is the subsidy then if the distribution companies keep crying fowl of customers not paying cost reflective tariffs, hence poor electricity, and customers handling DisCos functionalities?

I see your attempt at tryin to muffle things up, the claim the people are not paying enough is invalid base on the fact that Govt is not meeting up in payment of her own share ( i.e Govt is always owing)

So now when govt is owing subsidy even if consumer pay there part .. the deficit payment on govt side will always leave setback, instead of govt to admit n leave up to its responsibility they want to heap the blame on Nigerians that we are not paying

DisCos are exploiting customers with this subsidy rubbish. Can you compare our telecoms sector with that of the power sector? Why are distribution companies scared of investing in power distribution?

You cant confuse me, you cant say discos are exploiting customers nd at the same time opine customers are not paying enough.
Like i said Subsidy does not negate cost reflective ...Actual cost exist, estimated sales is shared between consumers nd govt. No there money suppose complete
Telecomm sector is looking good, cos govt has no hand in it, incase you forget i will remimd you of NITEL ... What happened to it, was it different from Nepa we got all manners of excuses from govt
unfortunately the power sector has tew much govt hands officially & proxy in it which makes it very difficult to liberate that sector ... they want to make good profit but don't wana invest good capital
They are powers that dont want that Sector to liberate hence investor keep off ... E just be like our refinery God save dangote he went to build new refinery if he invested in the old e for cry

They sit and fold their hands hoping for free money from the government, from power they did not distribute.

What are you saying, one of the reasons disco are failing is because Govt is always " owing" .. the deficit from govt end is a setback for the discos
subsidy is sustain if we do it the right way, they know this things but feign clueless .. Tinubu is out to remove all subsidy, the hence of that is gather more money at his disposal to play politics with governors, more money to state to buy there loyalty

We need revenue, But Tinubu ia very lazy to take the productivity route so he is alienating subsidy across board so he can have funs to do what he consider more important than the people

Most developed nations don't practice the one cap fits all type of Nigeria subsidy.
I will understand if your complains was about the timing of subsidy removal, and also the money realized for the intented subsidy payments not being judiciously utilised or accounted for. While on Band E in 2024 my electricity bill hovered around #6k per month, spent over #190k monthly fueling my generator, was part of a #9.5M contribution for transformer, cable, and electric poles installation for a so called subsidies plan. Moving to Band A, I currently average around #106k monthly for a minimum of 20 hours of electricity daily, not uninterrupted though. As band A users we bought electric poles, wires, meters, and transformer of what use is the subsidy being paid by the government then? States like Bayelsa state haven't witnessed electricity in years, electricity subsidy is only giving DisCos room to reap from where they did not sow. The government should focus more on cautioning the adverse effects of subsidy removal, and strict regulation not directly paying for it, because blindly paying for it, will only bring more harm than good to the citizens on the long run.

you are A band user, no wonder you can discredit subsidy, you are not on subsidy

My question, since they want to remove subaidy fully now, you think we all we be on Band A n enjoy 20hrs light, we are not both on subsidy we should get the same service, rite ? Is that feasible ? everybody 20hrs light on how many Megawatt

you guyz those think this thing through, subsidy ia gone, can yu swear that we resolve power failure or people won't still pay for darkness