₦airaland Forum

Oga shaytun.

Does this means,the subsidy intervention for FX didn't work or they just Maradona us.

https://www.nairaland.com/7816134/naira-crumbles-920-fuel-marketers

Shaytun:
Except hard data does not care about anyone feelings or emotions.

By international measure unemployment is termed those who works zero hours weekly.

4 % unemployed simply means 192m from the 200m Nigerians are employed.....

For this country?

Even if agbero,kidnapping.UGM,bandit and BH were considered as employment route,we still would not make 30%.

Shaytun:
They shouldn’t adopt a methodology that is being used worldwide?

Well...it depends on what they termed unemployment.

Cos if you believe the unemployed citizens in UK is higher than that of Nigeria...

Then there is nothing to talk about

liveLongNprospa:
People dey complain 😂😂

Nigeria vs UK is very funny.

The brain behind this rubbish is definitely suffering from an undisclosed but deadly brain issue

liveLongNprospa:
I already talked about it.
They adopted a global methodology which js why the number dropped

Ok

I am confused here ...

Wcg kind propaganda be this

https://www.nairaland.com/7815370/nigerias-unemployment-rate-falls-4.1

Belike this subsidy really affect common sense.....

This man is good

LEAVE WHATEVER YOU ARE DOING, & listen to Paul Alaje. There is fire on the mountain, but Nigerians are watching BBNaija. JP Morgan revealed that your foreign reserve balance is $3.7 billion & not $33 billion. 90% of what you consume are imported. Containers leave Nigeria empty.… pic.twitter.com/f90Qhu8z0r

— NEFERTITI (@firstladyship) August 22, 2023

iamoyindamola:
This is nonsense
The same entitlement the northern part of this country have that made them what they are till date
They are paying those footballers for their service and popularity
Who know an almajiri in Kano or what benefit does such individual bring
CR7 have successfully brought in popularity to the league more high level players are trooping in

[quot

GloriousGbola:
These ones are completely and irredeemably daft

The clown should first tell us a hereditary monarchys place in Islam.

The same Saudi

Is now chummy with isreal ( that is apartheiding Palestinians)

Unlooked when the royingha muslim genocide in Burma. (which those western infidels censured former hero Aung San Suu Kyi over)

Is forming alliance with China who are also canceling ughyuir muslims

What a fucking dunce

I am sure you will find in the past he defended oga bone saw.

The Arab leadership across the middle East do not represent what Islam is supposed to stand for. Which is why it was so easy for isis to recruit for a 'real caliphate'.

e author=BlueRayDick post=125186301]

Why will Saudi use their money to take care of Kano citizens? They only owe their countrymen social welfare na,.....It is Nigerian government that owes Kano citizens duty of taken care of their welfare[/quote]🤣🤣

A001

Belike na another Allah kano dey worship o...as Arabs no send them papa....

We are ready dealing with monsters and demons.

Trucks of rice as palliatives

Minister of petroleum

🤣🤣🤣

Shaytun:
Of course.

It’s a great move, an intelligent and interesting one.

Definitely a bad news for speculators.

Please i think you should explain in layman's terms why you think the move is extremely brilliant.

I understand you forecasted that the dollar will hit about 1k,yet the positivity of this "free fall" was held tenaciously by you as long as it was an open market ( not subsidised whatsoever)

Securing a loan of 30k dolls to stabilise the doll-naira sounds like subsidy to me....


Please pay more attention to the bolded

GloriousGbola:
NNPC at its core for all the talk about being NNPCL is still a govt entity. NNPC earns fx. But does not have enough fx on hand. Looks like the FG will inject this Fx into the market to counter the current volatility.

NNPC earns it's fx and pays the bank back.

Your well crafted explanation sounds like subsidizing the dollar......


Or am I mixing everything up while missing the center of gravity.

Mr Raumdeuter

Food yaff done...

Can you help me renovate this new injection...

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

Shaytun:
Oh, I thought you were going to ask me why the dollar crash from 948 to 790 in just 48hrs.

Do you subscribe to this. ..

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

🤣🤣🤣

Roland17:
I no sabi wen phone just drop from my hand after watching only 10 seconds of that video.

This is sad.

I was thinking of oasisx why watching it.......

Evidence or scripted
Oh boy

The myriad of informations within David's reach is alarming

https://twitter.com/DavidHundeyin/status/1691574160869195923

[quote author=OasisX post=125136621][font=serif]PBAT Spokesman on fuel price issue.

SUBSIDY REVERSAL: President Tinubu is determined to maintain competitive tension within all sub sectors of the petroleum industry and will ensure that no single entity dominates the market - @AjuriNgelale

SUBSIDY IS GONE. pic.twitter.com/bFbngA8qeP

— Rashwal Rashwal (@RashwalRashwal) August 15, 2023

Acting CBN Governor on FX issue.

After meeting with President Bola Ahmed Tinubu, Acting Governor of the CBN rolls our plans to stabilize the Forex Exchange Market pic.twitter.com/B3GDU02g5l

— Daddy D.O🇳🇬 (@DOlusegun) August 14, 2023

this video you posted.

Either BAT or d spokesman is mad...better still both are mad...
Why should they or anyone be bothered since we are paying the least sum for pump price

Deregulation is Mr A,B or C going to the market to purchase and sell at a set price without gov intervention.....atleast,that was the promise


Oga.. ....There shouldn't be any reason to address the nation since the next poor country is paying more than 1k per litre...we ain't there yet....

Oga shaytun


Baba want to maintain the deregulated price of petrol ....

Meaning irrespective of the price of dollar vs Naira, the price of petrol will stand gidigba like olumo rock....

What adjective is right to classify the statement if not "subsidy".

.I want to learn.....🙄🙄🙄

OasisX:


....hold your I-told-you-so card for now Bruh.

How do you maintain a deregulated price?

The only positive.....


Go back to d drawing board and plan b4 d subsidy action...

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

Sit at home don dey spread small..

First of its kind.....

eBOLA d lamba 1.

https://www.nairaland.com/7804037/subsidy-removal-university-ibadan-reduces

Caicedo n nkuku will transform this tesm

Agbalumo...

https://twitter.com/Nwaadaz/status/1690273721762693120

patrickmuf:
You post bad news here and another post news that offers a glimmer of hope but you want to tag him as a Government propagandist...Lol...

I keep asking, what will Obi have done better? Would he have borrowed money to continue the subsidy regime?

Would he have magically gotten the refineries to get working to their capacity?

Whether we like it or not, we were always going to get to this phase.

We want change and we are looking at the President alone...Keep electing rogues as HoA members, HoR, Senate members and Governors and expect the President to get everything in place.

It is 3 months into the new administration and all I see here is Tinubu this, Tinubu that yet Governors are receiving monthly allocations o! You guys care less about holding your Governors and elected representatives accountable. Who do una abeg?

Borrow money for subsidy is actually d worst joke ever

Presently...a FAAc allocation of 1.9tr was disbursed to states..

Where did d money came from

Do you know that if 400bn was taken from that same money,the state will still have enjoyed 1.5tr wch is x2 of the previous 750bn??


Your "borrow" maths is not mathing my bro

Unlimited22:
Majority?

"Some" ...should be better

DeadPresidents:
Today makes it exactly sechs monaten (6 months) since I left the country.

I’ve not fallen ill once mostly because there’s no environmental factors to cause me to fall ill. No smoke clogging the atmosphere from Generator/Vehicular exhaust, no damn mosquitoes and even when sandflies nearly finished my calves and knees at the banks of River Vistula in Warsaw, nothing.

Constant light has made me an involuntary insomniac as i usually was asleep by 10 in Lagos but these days its difficult to sleep before 3.

Omo, I hate the leadership of Nigeria much more than ever. Basic things are out of reach. I found it wild how poorer Eastern European countries than Nigeria (such as Belarus and Albania) have much higher standards of living.

Reno said apart from "BASiC AMENITIES" we are the best,just to spite the obedients

.I have to bold,put in capital letter and place emphasis on the basic amenities

DeadPresidents:
After seeing todays misadventure at the senate, i can only come to one conclusion—na only mumu dey sacrifice for better Nigeria. I can’t even blame Onyema the civil servant for shirking work and stealing electricity.

[b]Why Nigerians never enter street na wetin i never understand wala[/b]i

propaganda and gaslighting.


The have taken over with that..

The fact that majority of the youth are either in yahoo or earning remotely in dollars also plays a major role

Theflint1:
Also, don't forget that about 52% of the country's allocation goes to the FG.

We are focusing on the allocations for states baba.

If 1.9tr as against d 750b was earmarked.....what then will make the country collapse if 400b is taken out of the 1.9tr leaving 1.5b (doubled the previous allocation) to the states...

raumdeuter:
What did states promise during election? The citizen of the states are suffering oga governor take your excess from faac and use it to provide subsidy

https://www.thisdaylive.com/index.php/2023/01/02/obaseki-promises-improved-power-supply-across-edo-to-spur-industrialisation

BTW this is your governor promising electricity

"Improved"...very crucial..


Here,I blv ďoubling his income will do d magic....and I blv d 1.5tr is a good one