₦airaland Forum

Not even taken my seat yet.....choi..

OracleJay411:
I pray Man U beats Liverpool tomorrow

I seriously doubt that.
Can't see Pool throwing 4 matches in a row.

To me it is a penalty.
Yes the defender got a touch but contact t was made before that....higher up at the thigh level.

Another low.

Nigerians are arguing amongst themselves....fighting to prove who is being killed more.
What kind of mess is this.

How did this country decay so badly.
Even in the midst of such devastation the Nigerian, the black man cannot detach himself from sentiment, from ethno religious conflicting to shoulder the responsibility of building a secure and prosperous nation.

Just view the shame of citizens and forumites all around.

Apt statement.

A people that cannot relate their electoral choices with their consequent experiences under governance only proves their intellectual deficiency.

How can you prove you have been making the right choices at the polls over nearly thirty years of unbroken civil rule yet your lives are worse than when you started out in almost every index of life and quality living.

nairalanda1:
In other words, price controls

Price controls, which you are asking for, is a big part of the reason why we lost four refineries

Well, more refineries are coming up, plus there are four other ones existing though.

Not price control but cost reflection.
The government should demand transparency in his operations. Someone needs to know what makes for any price change up or down and because he is the only producer presently such fluctuations should be approved.

Better still the government should establish a mechanism by which prices can be hedged making for stability over a given period of time until other producers come on stream.

When a proper free market exists then competition will control prices but as long as Dangote remains the sole player in the market the government should be on top of the situation.

I repeat again. He is raising prices. Why?
What is the cause. Can the factors be influenced by government?. I say again. This economy is too fragile to be racked by gasoline price instability.

Let's face Nigeria first and census how many Futa Jallon terrorists have been recruited into the armed fixes in the last decade.

Our problem dwarfs that of the US with one terror franchise opening shop every quarter.

Funny country.
So it is the family that informed you of his death.
You obviously didn't know where he was.
Maybe he was not even on your payroll.

You can imagine a security organisation not knowing where a senior officer is at any particular time....

nairalanda1:
I still stand by my post.

You are essentially arguing that dangote should stop exploiting Nigerians by charging cheaper prices for fuel...which does not work

I also gave you reasons why dangote is the only one in the whole business (yes there are 4 other private refineries, plus some coming up. BUA is under construction already)...it's because subsides and price controls on fuel had effects on people with licences to build refineries...getting financing.

But you guys don't get it.

Why do.you keep on harping about prices.
This is not what I am saying.
Is Dangote gasoline subsidized or not.
Do you know why he intends to increase his prices after a series of reductions people called the new norm.

What I am saying is that with out external supervision by government and internal supervision by unions what are the prospects going forward.

No one is asking for N100 fuel. But do.you expect people to be silent at uncertainty going forward.
Gasoline is not cement that is semi optional.

Gasoline is an essential commodity and will affect the economy is profound ways. Even government will be affected by uncertainty if it cannot get a handle on this matter.

nairalanda1:
If subsidy had been removed by 2012, or earlier, Dangote refinery would have had competitiors by now, and NNPC refineries would have been working.

Plus, nothing goes for cheap. Remember Dangote is getting no funding from government, so he has to pay for everything from the money the refinery makes...that's why prices are going up.

If you were dangote, would you sell fuel at N100 per liter, after a production cost of N700-800 per liter...to help the poor?

We tried the consumption subsides you love for 40 years, and we lost four refineries, had a lot of wasteage and corruption, and were spending billions subsidisng fuel for people as far as Ghana and Central African republic. At some point, it had to stop

I ain't here to defend APC. Or any party. GEJ was the one that woke me up to how damaging subsides are, and yes, I did not back him too.

No one is talking about subsidies or N100 fuel here
That is not what this topic is about.

We're are talking about the potentially uncontrollable situation of unsubsidized fuel. The absence of any form of checks now that all social and governance safeties have been removed.

We were told by some in government and some on this forum that the trajectory of gasoline prices were downwards if Dangote was not 'harassed by haters'.

What happened.

aribisala0:
Responsible capitalist economy that does not exist anywhere
What does it look like how do we recognise it what are its characteristics

When you say THE DEVELOPED COUNTRIES . please bame one such country where we can find this

It is fantasy you need to watch companies like hawks all the time otherwise they screw the people

It is dicey. If the price hits N1,200 tomorrow what is going to happen. I mean, what are the mechanisms to at least find out why.....

BodyCount:
He is only a business man. Make una allow am rest. The irresponsible government has given him a chance to do as he pleases.

Why is it all about him?

What about all the other refineries?

Very useless government

But it is the same government that said HE is an INSTITUTION. Meaning that they have accepted that the man is government.

We have put ourselves in a position that America once was. On her knees before JD Rockefeller. Before they woke up and acted to demand government stand up for the people. Today no government in the west no matter how capitalist they are will call an individual or enterprise an institution.

Today Europe is at war with Google, Boeing....America is at war with Tiltok for different reasons but the same principle, no one wants to be dominated, no one wants all it's eggs in one basket.

It is not secure to have a single producer control the oil industry in Nigeria, and while government dithers with it's own assets and cannot drag others into play, it has to project an image that is has not lost control.

Islie:
https://dailypost.ng/2025/10/16/dangote-refinery-silently-increases-fuel-price-across-nigerian-filling-stations/

I warned against the unbridled power of this industrial giant. And I did say again and again. That whoever won the battle to control the markets WILL ENSLAVE EVERYONE ELSE. This is the history of conflicts, of enterprise, of capitalism. Some argue this is the history of Dangote Industries.

I also did say that in the ABSENCE of qualitative governance that supervises enterprise with anti-trust laws aimed at preventing a hijack of the market, the unions for instance with insider information and have always stood to oppose what they feel are unfair practices are the only viable thermometer in the downstream industry today.

The public SHOULD BE LEVERAGING ON this today. But I guess the public were swayed by the voice of one over the voices of many.

Now we may be in a regime of uncertainty. Nothing and no one can stop this man and his refinery from controlling prices and by extension controlling the temperature of the Nigerian economy since energy prices are the greater factor affecting inflation.

Good luck to us.

dederocs:
Are these hypocrites brain dead or just sinister?

Your sheik Gumi is advocating for release of bandits, terrorists are being released, and northerners were celebrating their release.

So the government of the day takes orders from Sheikh Gumi or what? Is he their security adviser or what.

Is this not what those in government now accused their predecessors for. Are these not the types of failings that helped out an end to the firmer ruling party.

Has Gumi not been advocating for clemency for bandits for years now, long before this government came in.

What has changed for the better concerning security in this government. They have not restructured the security architecture, they have not resourced the security services better, lives are still being wasted and territories annexed. There is even a new group that debuted just yesterday.

What has changed. You guys should sit up and hold those you feel are best to lead this country to deal with the matter and stop looking for excuses to peddle.

Hard to imagine that a certain Mikel Obi emerged almost at the same time at the world stage and came in second to Messi in terms of performance. Today the fellow is just a memory.... different strokes I guess.

Two things here

The total failure of institutions and conversely the 'personalisation' of government on steroids.

This is what you get with an autocracy. Where there are no checks and balances. Where institutions operate at the whim of the maxim leader. All.it takes to rise above the law is to get close to the autocrat.

That is why Nigerians will have to accept that so called junior civil servants or so called low level officers can subvert the rule of law.

What again is the definition a banana republic then.
So sad.

Like I said in my only previous response to this matter.
You can do anyhow to the people that careless about how they are governed.

But once you begin to undermine the institutions of security and defence, of law and order, the government is playing with fire and like it happened with the De Gaulle government in France you begin to plant dissent within those institutions that can snowball into a very, very dangerous situation.

Nigerians should stand up and begin to properly structure their country. Cast aside sentiment and build their country around strong institutions to counter the unbridled powers of autocracy.

Because the country you fail to give form may work in your interest today, but may end up destroying your destiny tomorrow. I am cocksure almost every Nigerian today agrees and wished the past governments particularly the Buhari government had viable institutions to check it in place. A lot of what we are suffering today will have been avoided.

Let us not live out lives in perpetual regret as a nation. Always after the fact.

ogododo:
https://www.vanguardngr.com/2025/10/illegal-financial-flows-out-of-nigeria-worsening-countrys-revenue-problem-imf/

Shut up Mr. IMF.
For every flyover we must buy a Miami mansion.

SpaceX:
This is not the job of a government, it's meant for private investors...

Also remember the Dangote story.
What catapulted him to the top and increased his capacity overnight was not just establishments. People have forgotten that he did a lot, a lot of acquisitions.

Acquisitions of what..
Government owned enterprises.
Sugar, flour, cement.
He bought out government and increased capacity within a far shorter timeframe that he would have if he started every single one of his factories from scratch.

If he had successfully bought out the NNPC then, a decade ago, the fuel distribution economy will have long evolved into.somethimh more beneficial to Nigeria.

What I am saying is that government has an important, a critical role in triggering industrialization. They have more resources,.they can take bigger risks and have all the cards to make any enterprise succeed.

The errors we have made in the past is about ownership and the nature of government IN BUSINESS. Placing civil servants and politicians in ownership and leadership of industry has not worked.

But if government is able to Build, Stabilize and Sell, this country can advance in double quick time. The resources to industrialize the country are there.

The Benue State government should begin to draw up a solid prospectus. Market that enterprise immediately as it getting underway. Ensure it is successful and profitable and when the right offer comes, sell it off, collect its money and move to the next project.

aribisala0:
Solar powered cold rooms for low income farmers

That is where government should invest

Central hubs with a network of
Smaller units like 40 foot or 20 foot containers
This would extend the life of oranges from 2 weeks to 3 months

Absolutely.
And the good thing about investing in enterprise is that the government can get its money back in cash.

It doesn't have to tie down it's capital by owning any stake long term. Just ensure by its authority that such enterprises are successful then sell off its holdings and move to other things.

It is then the success of a series of establishments that make the financing of Infrastructure a whole lot easier.

You can imagine the concrete roads Umahi wants to lay all over Nigeria and sweating to do so. It is because such lofty ambitions are not supported by industrial capacity. No steel industrial capacity, limited cement capacity, non existent machine tools capacity...

These are the things government should have solid plans at addressing. Without which the development of a thousand miles will be one step every decade.

The question now is.
What is the federal government spending its own billions and trillions on.

What are the key sectors they are targeting for investment to produce or import substitute stuff.

Where are the areas Nigeria is lacking...
We say power is a problem. Indeed.

But where are the factories to produce transformers, conductors, insulators, switch gear, solar farms, windmills... These are the plans the government should have. This is a lot more sustainable that just throwing cash subsidies at power companies. Rather subsidize their inputs via industry.

When they go on foreign trips this is what they should do. Meet foreign industrial concerns. Offer cash and other incentives to locate factories in Nigeria, pair them with our large and successful industrialists such as Dangote, produce the stuff we badly need and absolutely import.

When these industries are founded and successful the government sells it's holdings and moves to the next sector badly in need of attention.

That is the way to grow and prosper an economy, a nation, and create a legacy.

OctavianAC:
You see why our businesses keeps failing, it is because the producers and managers doesn't care much about testing what they produce or sell. If government does not invest how would they know the challenges confronting investments and how they can proffers solutions to them?

Not only that.

Everywhere around the world, government has always gathered the wood to fire economic recovery. And in Nigeria's case the economic slow down was directly caused by government policy so it is their responsibility.

They claim they are gathering all these revenues, giving to states higher allocations that ever. What are these monies for. If they cannot be invested in what will directly return resources to the people then it will definitely be stolen or wasted.

Industrialization is the only sustainable way to return resources to the people. This should be government's first priority. Everything else including infrastructure is secondary.

And when you look at global news today from the United States to China, to the EU the leaders of these countries are all battling hard to retain industrial productivity at home, productivity that will create jobs and reduce poverty.

This is what government should be doing at all levels with the subsidy removal income. Establish industries all over the place to create jobs, productivity and in the long term import substitution.

Three things I only hope has been planned.
* Medium term viability.
* Sale to the public.
* Investment of the recovered funds in the next industry in line.

Any other thing will turn to ashes because government in these parts cannot run successful enterprises.

A territory like Abuja where construction is the largest employer of labour the Minister should have an industrial plan to set up medium scale industries to manufacture or at least assemble building components for finishing and interiors in conjunction with the private sector so that the hordes of youth roaming about the streets find work to do.

LegendHero:
Give us light, we can pay for it.

This is what Nigerians usually say before now. They have the light for most area now and they are protesting about price.

They don't need to bring down the price, we just need to ensure we improve wages and salaries in this country. So they are protesting about the wrong thing.

You too are asking for the wrong thing.
Increase in wages and salaries is inflationary and a mirage not worth chasing.

The solution to poverty is work, more work and on the part of government this means investment. In this case, to spur proper investment that will increase power supply and push down prices. That is the only way to tame inflation and make power more affordable.

We should not insist on more money chasing a fixed or puny supply of goods and services.

I read somewhere that government is investing to promote the manufacture of solar panels and other green tech here in Nigeria. If these applications are geared towards bulk electricity providers then we can expect to see the cost of electricity decline over the long term.

Electricity today is expensive basically because demand far outstrips supply.

Feudal society.

Another proof that democracy is not working well.
In other climes states and territories seek to distance themselves from the centre to assert their independence and visions of development.

Here, the lack of qualitative leadership fuels a vicious dependency cycle that further subjugates the federating units . Reason why governance at the grassroots is abysmal.

But I guess it is an African thing. After all in the west once you are through high school your parents expect you to leave home, if not you start paying rent but in these parts you only leave home to start a new family.

So I can understand that we should all start to wear the Tinubu cap. It won't be a surprise if this becomes an edict.

malali:
This is precisely why I keep arguing that Nigeria’s “rebased” GDP figures are artificially inflated.

Where exactly is the growth in that GDP supposed to be coming from?

They claim it’s from non-oil revenues, especially remittances, but let’s be honest. How much are Nigerians abroad really remitting these days? Many of them are grappling with their own financial constraints: higher rents, rising mortgage rates, inflation, and employment instability in their host countries.

If we strip away the statistical cosmetics, the picture of the real economy becomes painfully clear, stagnant productivity, low industrial output, and declining purchasing power.

President Tinubu’s administration must be transparent about the true state of Nigeria’s economy. Otherwise, we risk repeating Buhari’s scenario , where artificial exchange-rate stability gave way to a sharp currency devaluation at the end of the tenure.

It’s better to align our economic indicators with reality now, rather than face another forced correction later.

This is exactly what we are saying.
Nigeria should be spending the largest chunk of it's revenues whether income or debt on stabilizing and expanding industrial capacity in order to restore jobs, expand the labour market and bring down inflation.

That is the only meaningful way to raise the tax goose, wean the economy of debt and sustainable fund infrastructure and if done with import substitution in mind can chip away at the trade deficit with solid benefits to the exchange rate.

This government needs to watch with a microscope what it SPENDS MONEY ON. There is just too much waste on unproductive administration and far too many unnecessary projects. Government must reform itself.

'Could affect the revenue and economic growth..'
Nonsense.

As if all the previous revenues they have been collecting has been invested properly or spent prudently. As for economic growth this is next to non existent due to bad spending.

The budget remains heavily weighted towards recurrent expenditure and when the receipts for the humongous cost of governance are settled, what is left is used to settle the interest on debts they refuse to cease accumulating.

So it is not beneficial to have more oil out of the ground or more taxes collected if government economic reforms does not touch the preacher's of the sermon.

foleskay:
Its not totally FIFA's fault but lack of adequate infrastructure in Africa. Many of those west African countries played their qualifiers in Morocco or ivory Coast. Those in central Africa played in South Africa. Only a handful Africa countries played on their turf. So u can blame FIFA but poor African countries lack of facilities.

Go to Europe,many of those small countries like andora, Moldova,and Gibaltra all play on their home turf. It's so shameful for Africa

That is not what I am saying.

What I really mean is that it is unfair to have teams in the same group share a host country.
There are other southern African countries outside our group that could have hosted Zim and Les. They could play in Angola for instance .

I bet if Benin played their home matches in Nigeria there would be complaints from federations such as SAFA.

43Ronin:
So basically only one team will qualify from the playoffs, and will still play the international playoffs with other like minded best loosers and the winner to the world cup? Omo the road long. Anyway its still part of the entertainment so even if you don't qualify, you have still enjoyed football

The playoffs will be our own world cup.
At least we get to watch a few more interest matches.

ZaddyJ:
Which Cameroon is debutants? Are you talking a Cameroon that was at the fifa world cup before Nigeria or you mean Cape Verde?

'As debutants'..…
Don't be in a hurry to reply.

zhike:
If Nigerians can start using local players, local teams will be motivated to do well in the afcon

Listening to the SuperSports presenters commenting on the role of the PSL in the first south African team to qualify for the world cup, they did acknowledge what I have been saying.

They praised the ORGANISERS and MANAGEMENT of the PSL. That is the key. It is not just about using local players or not. What is the quality of the league, the management of onshore football in Nigeria.

Remember that before the national team became continental contenders their clubsides have been featuring at the business end of CAF championships for a while.

So it is a logical step.
1. Develop your clubs.
2. Have enough quality clubs to develop the league.
3. And the quality league will deliver quality national team materials to qualify for international tourneys with ease.

We need a total overhaul of the football administration in this country and to me it starts from the leadership recruitment process. It is too narrow, too exclusive and must be taken apart.

2special:
Zimbabwe and Lesotho both played their home match against South Africa in South Africa

Yeah, I think FIFA needs to look at this in the future. It is not just fair. By this South Africa effectively had an additional two home matches or two less away matches.

It is like having Rwanda and Benin play their home matches in Nigeria.

Totally unfair.