₦airaland Forum

Putinofrussia:
No,sir.
FG just have to increase the scope.It worked in a series of nations and it must and will in Nigeria too.

After how many years.
The APC started this anomaly during the COVID pandemic and it has become a permanent part of the socio-economic landscape. A useful tool to subsidize good governance and mask failure. Putting bandaid on a gushing wound....

Right now, the IMF and the World Bank are Iike that AI package that you secretly use to write that examination and after failing you return to question AI and it tells you why you failed....

Mr. IMF, you have led this government down this path and now you are wondering why your growth pills are only turning patient Nigeria into a pygmy....

sboga:
deport dem indians if we get sense
see how dem dey rush naija as dia own kontry na shit hole country

Deport what.

The government will tell you, 'you know how difficult it was to get them 'foreign investors' mehn...if they as you to jump, you say 'how high'....

Such is the lot of a country that refuses to develop itself, develop its people.

When they were saying coastal road Chagoury was dreaming of California and its sandy beaches like the Lagos he knows. He didn't travel out of Lagos to see what the real coast of Nigeria looked like.

Anyone who went to school looking at the map of Nigeria will observe that the vast majority of the coast are bordered by estuaries that house enormous wetlands, mangroves, swamps.

They should ask why upland oil exploration is so tedious and expensive in those places.

This is where this block headed government decides to build a highway through, using interest bearing foreign credit at a time of crushing economic conditions....

I just don't know how these people.think....
All just to satisfy Chagoury.
What tourism is anyone going to do in mangrove swamps and places so vulnerable to tidal shifts where land and water interchange seasonally.

It will not only cost mindless amounts money to build in those places but will sink us economically to maintain.

Sheuns:
“Debt is not a bad thing, it’s what you do with it that matters” - Tatar bois.

“USA has more debt than any country in the world” - Tatar bois.

They just spill anything they were told in their group chats without using the device in their hands to do a little research on the matter. In this day and age?

And does the USA call it's crippling debt a good thing....

Hmmmmm2024:
If you are the one bringing people to power, then why do we waste trillions budgeting for elections ?

Because Nigerians accept this sacrilege, they even applaud it. In saner climes it is called sedition, an affront to the Constitution and the rule of law. It lives just next door to what can be termed a civilian coup de'tat.

If this country had right thinking people he will be called in for questioning anytime he makes such careless speak.

BabaCommander:
Is the Supreme court part of the coliation?

You betcha...

What is the meaning of 'not enough' original content'..Are expressions not part of the English language? What kind of primitivity is this....

See how our sweat is going to the West....interest oh, not principal which will never ever be repaid in our lifetimes and perhaps that of our children, caused by one lousy government and terrible political party that has ruined this country in just twelve years, absolutely destroyed the economy.

After elections just expect a tax drive like you have never seen before. Tax rates will certainly be raised across board because I cannot see what will prevent a debt default in the coming months.

Now, show us where these loans have gone and what those things are returning to government by way of investment receipts....show us....

Mr. Spokesman.
Let Nigerians decide this time to damage their own economy. The economy doesn't belong to one man or one political party.

It is the turn of Nigerians to rule themselves and misrule their own country. APC does not have a monopoly of misrule. You guys have done enough harm since 2015.

BATified2023:
if u have sense u will know there's a budget n class for every product

That's y everyone can't use Ferrari or Maybach

Even in saner climes there's a target market, if u can't afford it don't go for it, don't force yourself to buy what is beyond your reach then start complaining.

This isn't about government but your own budget

Na so.
Inflation is not about government.
It is about the citizens that follow them to Washington to negotiate loans for useless so called projects that are inflating the economy.

They should wear rags while those that go begging other countries wear rags too, don't they....

Better remove feudalism from your mindset. There is nobody in Aso rock that is better than the average man on the streets. But there is no one there that will wear what the man is lamenting about. It is far too cheap for them.

I have not seen any leader in Germany, the UK, the US or China live any sort of life above what the average person in those countries live so they know exactly what the average person feels about the state of the economy.

We have repeatedly asked for state and local government police, they are foot dragging on the matter since it isn't about money.

And the citizens don't seem to care whether they have a government or not. They don't recognize the responsibility of government to protect them. They don't believe in institutions working or not.

They only know the actors,.the politicians who come with rhetoric and leave having dropped crumbs on their tables.

When they are ready to give their government an ultimatum. That they withe do their duty or the citizens take over government and sacks the establishment.

Just say we are no longer going to be part of Nigeria and watch how the government will flood the place with capacity.

nairalanda1:
Well, this is one of the so called lies...

As Coordinating Minister of the Economy and Minister of Finance Taiwo Oyedele clearly articulated on Channels TV, Nigeria currently produces about 1.8 million barrels of crude oil per day (bpd) for a population of over 200 million people. Simplistic populists like Atiku deliberately deceive citizens by pretending that the Federal Government directly owns all 1.8 million barrels and can distribute or discount them at will.

Under complex Joint Ventures (JVs) and Production Sharing Contracts (PSCs) signed over decades, production costs, royalties, and profit-oil sharing ratios severely reduce the equity crude available to the state. After accounting for these statutory and contractual obligations, Nigeria has fewer than 700,000 barrels per day of unencumbered "free crude" to give away.

Mega-refineries like the Dangote Petroleum Refinery require immense daily feedstock that far exceeds what the state can freely provide without breaching existing international supply contracts or bankrupting national revenues.

Consequently, Dangote and other domestic refiners must supplement local supplies by importing crude from international markets.

I don;t like tinubu, but the above is why Atiku's plan is not practicable , and thus not a lie (and when he wins next year, why he isn't going to bring back any subsidy).

Just increase production.
Is that hard to comprehend or impossible to do after 3 years. NNPC is now a private entity. They can produce crude oil independently of the shareholding IOC's. What are their exploration and development plans.

If we have mortgaged old production well into the future the natural course will be to increase production for domestic consumption. The World Bank has not said we cannot raise daily output to 2, 3, 4 million barrels to grow the economy in the face of crippling debt.

Indonesia was once a top.oil producer and ranking member of OPEC. Many years ago they stopped exports and withdrew from OPEC in order to use their oil reserves to develop a heir country as better value than selling fo cash.

When, when, when, when are we going down this line. When are we going to end the export of raw crude and start using it to develop Nigeria.
When are we going to elect a government that prefers development over cash.

When are Nigerians going to give government a timeline saying, 'we will allow you to export crude oil to repay out debts. Once the debts are paid down, end crude oil export. Anyone who wants petroleum products will get them from our refineries after we have satisfied our local industries'.

We need to have competitive energy costs to attract foreign investment. The global data centre boom can create huge foreign exchange earnings running into hundreds of millions of dollars to the treasury if we domesticated energy affordability in addition to the jobs and economic multiplier effects.

We don't even need to find the energy. Capturing the gas flared from the oil field and processing plants alone will suffice.

Nigerians leaders are just not thinking right. No vision, no long term ambition. Everything is about the now, holding raw cash in their hands to spend and steal.

The question we are asking is.
Why has Nigeria or this government not been able to raise oil production..

JohnBullMySon:
Its crazy how Ukraine has gradually grown more balls as this war progresses

Two-Three years back, Ukraine was at the mercy of America, now Zelensky gives Trump the middle finger and nothing changes

Not so fast.
Ukraine doesn't have all the intelligence.
Ukraine's doesn't have all the targeting hardware and Ukraine doesn't have all the equipment and munitions.

Yes, the US is not directly supplying weapons to Ukraine but it is still selling to it's European partners knowing they are funnelling some to Ukraine.

A good proportion of their drone fleet relies on satellite links provided by Trump's good pal Musk's Starlink.

So Ukraine needs to US to sustain the war and that is why Zelensky has dialled back his initial public outrage.

He cannot expect to get all he wants. The world presently has no cheap oil due to the wars raging around and he should know American politics. They always put inside sentiment and vote for their pockets when their standards of living falls. And they will vote against Trump in the midterms because of high gas prices.

So he either gets wise and waits till after the midterms or after the Trump administration because if the Democrats return to power he will get everything he wants. Democrats are natural anti Communist, anti Eastern bloc, pro Europe fellows.

He should endure Trump just as we in this country are enduring our government and waiting for the day the Constitution ends our local horror.

If some force of nature suddenly does an instant reboot of humanity and we were all told to re-login for allocation of nationhood, I doubt if anyone will call himself African.

Brighton1:
When in Rome, behave like the Romans not like Ekiti people.

Meanwhile.. Wetin go come happen to the innocent jollof for the party?

Straight to the landfill as bio hazard under schedule 1.043.

How can you call it food when it contains more capsaicin than in a canister of tear gas....

That is what we have been saying from the get go. But Mr. President, Mr. Umahi and Mr. Chagoury disagree.

Now I hope Mr. Oshiomhole will not be tagged as 'opposition'

obi4eze:
There was nothing in that second tackle. It wasn't a second yellow at all

I know but it wasn't worth the risk in a high stakes game like this. Everyone knows that once a player cops a yellow he is effectively out of the defensive equation. There are nine others to do the dirty job.

Silentgroper:
Still didn't warrant the inferior attacking play cause we had no senior attacking players on field .. it was no different when the senior players were on field ...

I was the first from here to call slot out last season even from the season we won the league, I have been calling slot out and just like clockwork I was right ..

Now I'm doing the same for iraola. This is not about sentiments ..
Our attack style needs an upgrade...

I know he cost a ton of money.
I know he is a German international.
But we all have to admit that Florian Wirtz is just not up.to it in the Premiership.

If it was Slot, now we have a completely different approach from Iraola but he is still not delivering so Liverpool had better start looking for other solutions before average turns into poor and poor turns into crises.

GoldenJAT:
City only scored after the red card. 3 first team players ain't on that pitch!!!

That is all excuses.
Liverpool had them for the taking first half.

obi4eze:
English Refs are the worst in the world. See how Chris Kavanagh has ruined this game. There was nothing in that challenge by Gravenberch. That was never a second yellow card in a million years.

What was Gravenberch making a tackle for at the halfway line knowing he was on a yellow and with the entire Liverpool defence to take on Doku. It was a poor decision.

Said it.
Liverpool had tons of chances first half and after the break. Poor shooting, poor decisions in the final third. The Premiership punishes all those at the highest levels.

If Liverpool cannot put away their chances, City will.

Really poor quality match so far. A real yawnfest.

Nemesis0147:
at all
Man city should brace up for more booing this season 😂

Especially those marginalized mid table maniacs.
Their fans have no joy whatsoever.

Little football so far, plenty hot air.
The fans are not helping.

Sirrules:
independent indeed by voting charlatans in LP just to spite the APC and PBAT. How many of the LP candidates who, were voted by the easterners are performing better than their APC colleagues? In Abia North, is Amobi Ogah better than Nkeiruka Onyejiocha? Yet, Nkeiruka was voted out senseless emotions.

Oga, it is the only 'senseless' emotions as you call it that will return the APC government at the centre. Because if you talk about performance, where is it after three and a half years.

If people were to vote according to their conditions having clean and clear options, how do you think this government will return.

So let everyone vote according to their 'senseless emotions'. It brought Buhari back for a second term, it will bring Tinubu back for a second term and will bring back the opposition candidate you are criticizing.

However your desire to have every single citizen of this country vote APC will never happen. It has never happened for any president and for any party since independence, Your emotions are not superior to theirs. Stop accusing them of exactly what you folks do. No one is a slave to the other.

The south-south incumbent candidate lost an election, they did not threaten fire and brimstone.

They have awoken from their slumber.

It is just a matter of time before Leeds opens the scoring. Very poor Arsenal performance.

The Leeds tactic is spot on at the moment.

Madueke really needs to raise his game.