₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,344,217 members, 8,510,702 topics. Date: Friday, 30 October 2026 at 09:41 PM

Toggle theme

Sekeyso's Posts

Nairaland Forum › Sekeyso's Profile › Sekeyso's Posts

1 2 3 4 5 6 7 8 9 10 (of 15 pages)

Foreign Affairs › Re: US Doesn’t Have Enough Missiles To Return To All-out War With Iran by sekeyso(m): 2:55pm On Jul 21
WriteerNg:


War is already part of his presidency. Stop making excuses for evil.

He has started 3 wars so far. He's planning to bomb Cuba.

He killed a sitting country leader. He kidnapped another President.
I'm not making any excuses for evil, all I said in a nutshell is that Iran should return to negotiation table. Knowing that America/Trump is "evil" is it not better to avoid their troubles for the sake of one's population that would eventually suffer.

Btw some people are also making excuses for the "evil" in Aso rock, I hope you aren't one of them?
Business › Re: Oil Cargoes Meant For Naira-for-crude Deal Supplied To Dangote – NNPC by sekeyso(m): 9:30am On Jul 21
nairalanda1:
If fuel subsidy was never the problem how did Venezuela lose 800000 bpd from the 1970's to the early 00's in refining capacity when they had no sanctions from the USA then and when they had fuel subsides galore.?

The thing with fuel subsides is, their cost can change with the changes in the oil prices. If oil prices go high, cost of subsidy can go high . So if government budgeted 5 trillion naira for subsidy in one year, and oil price increases that year push up subsidy costs to ten trillion or more, where is the money going to come from? Other parts of the budget. And keep in mind that we have to pay back loans and pay for other things too, and save some money, so that means that subsidy payments would come from other parts of the budget...like healthcare, education , and so forth..meaning more loans, and more debts.

Also, the vast majority of government revenue comes from oil. IN countries with fuel subsides, most of the money from subsides comes from taxing the populace, and the subsides do not cover every one in the first place. Oil rich countries like Libya and Saudi have tiny populations and produce far more oil than we do, that';s why they can make subsides work

And then the smuggling. SMuggling of subsidised fuel is done by everyone from the big man to the small man. THAT PUSHES SUBSIDY COSTS UP. At the end, government has to take more money to pay for subsidy from other sectors of the budget...more loans...debt.

And before you blast Nigeria for not dealing with smuggling..smuggling is persistent in Iran, was persistent in Libya, and in venezuela and saudi. Ghaddafi when he was alive used to bomb smuggliers with his airforce jets. The smugglers would just hide, and then resume when the coast was clear.

(Smuggling happens now, but not at government expense, that is the thing).

It is like you don't realize that this thing called refining petrol costs a lot of money. We also cannot build refineries from scratch, and if refinery breaks down, we have to bring in spare parts from abroad, and experts from abroad., and if it has to be upgraded, same story.

That is why countries that have consumption subsides always run into problem, unless the population is small enough to make it make sense.


Problem with subsides is simple. Say you bake bread, you expect to HAVE a production cost of N2000 per loaf, you got to sell it at N2800 a loaf to make it work. Government comes in and says you should sell it at N200 a loaf and pays you subsides of N2600 per loaf. Problem is that year, cost of wheat rose and so forth, and all of a sudden your production cost rose to N4000 per loaf. Would you still accept being paid N2600 per loaf meaning you lose N1400 per loaf, or would government have to start spending extra money ie taking money from other parts of the budget to make sure you don't lose business.


You guys have enjoyed subsidy for ages that you have forgotten that business works by a harsher set of rules.
See how you beautifully explained away the incompetence of your government in handling it's responsibility. Government all over the world have responsibilities to its citizens except Nigeria government. All you did was to absorb government of it's responsibilities which is one of the main reasons our government is brazen in it's neglect because citizens like you excuse it's laziness. Can't we copy nations where citizens demand the of their government for the least of the things we tolerate here? Are they better humans than we?
I'm still of the view that Nigeria government can still pay for subsides without breaking bank. The theft in government circle alone is enough to fund subsides.
Business › Re: Oil Cargoes Meant For Naira-for-crude Deal Supplied To Dangote – NNPC by sekeyso(m): 9:12am On Jul 21
DeOTR:
Subsidies breed corruption, irrespective of where it is applied.
You can't do better if you were in charge. Stop deceiving yourself.
The average Nigerian mindset is in shambles, imagine the thought process of this one. So this is the best for us right, God forbid such.

Oga I can do far better than what you've in Aso rock now and we've many better alternatives. Support your failure in peace but assume that all of would settle for it.
Business › Re: Oil Cargoes Meant For Naira-for-crude Deal Supplied To Dangote – NNPC by sekeyso(m): 8:42am On Jul 21
nairalanda1:
At whose expense? You want us to end up losing refining capacity to the point that we have to import 90% of our fuel, and then spend billions of dollars subsidising it so that you can have cheap fuel?

Beforeyou shout looting...consumption subsides were one of the biggest looting avenues by the elite. It was not in your interest.
That's the lie the ruling elite sold to you. Fuel subsidy was never the problem but the incompetence of government in the management. Now the citizens are paying for it's government incompetence as with everything our government is managing.
Now that we're not paying subsidies, how has that improved anything? Instead the reverse is the case.
If you objective enough you'd know.
Business › Re: Oil Cargoes Meant For Naira-for-crude Deal Supplied To Dangote – NNPC by sekeyso(m): 8:28am On Jul 21
We don't care what goes on behind the scenes, all we want is to see fuel pump price dropped.

The only country where it's government is dealing wickedly with the citizens. We've the crude, now we have the refinery yet the products are still costly as imported ones.
Who cursed this nation? Is it not yet time for this country to work for it's population? We're sorry to whoever we offended in this country, let this afflictions be lifted and let the citizens breathe a sigh of relief at least for a time.
Foreign Affairs › Re: US Doesn’t Have Enough Missiles To Return To All-out War With Iran by sekeyso(m): 11:57pm On Jul 20
Might explain the restrain but I doubt the authenticity of that claim. Trump doesn't just want wars to be part of his presidency, forget his talkative mannerism.

American has what it takes (none nuclear arsenals btw) to grind Iran to rubles like Gaza. Whoever has any contrary opinion maybe be living in fools paradise. That they're showing restrain doesn't mean they don't have the capacity to cause maximum danger to the Iranians side.
Foreign Affairs › Re: US Bombs Iranian Power Plant, Nuclear Sites Over Death Of Soldiers by sekeyso(m): 11:37pm On Jul 20
US is even economical with their strikes, killing Americans soldiers would gradually take away whatever restraints they'd have.

Iran should return to negotiations for the sake of their already suffering population. This senseless war is costing America too but not as much as the Iranians. Whatever points Iran want to prove has already been established, these escalations would remove the perceived leverage they had before now.
Politics › Re: PFIPC: We opened 2 foreign accounts on the Accountant-General's directives – CBN by sekeyso(m): 11:13pm On Jul 20
Nigeria entered one chance with tinubu's presidency. The administration has formalized corruption and yet many are still clamoring for his return. Says alot about the kind of people we are as a country.
Jobs/Vacancies › Re: Independent National Electoral Commission Recruitment by sekeyso(m): 5:27pm On Jul 20
Another avenue for nepotism, bribery and corruption to be elevated.

God help Nigeria
Celebrities › Re: Ishowspeed Asks Seyi Tinubu For Nigerian Passport At 2026 World Cup Final! (pics by sekeyso(m): 5:20pm On Jul 20
Sunshine34:
Cry me a river, what has he done to you. Na him you elect? I will advice you, God get a job brother. Your statement is a misplaced priority
Are you okay sir? You don't understand simple English or what? How does my statement suggest seyi is the problem? I made reference to leaders, is he a leader? He's merely a enjoying the privileges of corruption.
You're part of the problem of Nigeria, olodo. Your kind with low IQ are in the majority and have been clog in the wheel of progress, elevating nonentities to positions of influence.
That's how Buhari and tinubu became presidents in this 21st century. Who cursed your people
Foreign Affairs › Re: 4 Nigerians Who Have Died Or Been Detained Fighting For Russia by sekeyso(m): 1:51pm On Jul 20
Rest in peace to the dead.
Even here in Nigeria people die like the country is at war.
The average Nigerian is doomed both home and abroad.
Celebrities › Re: Ishowspeed Asks Seyi Tinubu For Nigerian Passport At 2026 World Cup Final! (pics by sekeyso(m): 1:36pm On Jul 20
If Nigeria leaders have been patriotic and cared for the country, our passport would have been one of the sort after globally but corruption and incompetence had made sure it's not so.

It's well with Nigeria, evildoers will meet their doom.
Politics › Re: #NBAElection: 'I Have Lost Faith In The Nigerian Bar Association' - Okutepa SAN by sekeyso(m): 8:31pm On Jul 19
No institution in Nigeria is spared by this draconian regime, it's unfortunate.

Typical case of state capture
Politics › Re: How The Joint US-Nigerian Air-strike Has Destabilised ISWAP by sekeyso(m): 9:57pm On Jul 18
Goodnews if that's true, there should be no place for terrorists in Nigeria and Africa.
Crime › Re: Gunmen Attack Kogi School, Kidnap Principal, NECO Official, Students by sekeyso(m): 6:37pm On Jul 16
When will this kidnapping stop? Do we still have a government in this country?

This administration is treating this insecurity with kids glove, perhaps they're benefiting from it.
Crime › Re: Video Of Favour Narrating How Odogwu Asaba Raped Her Before Committing Suicide by sekeyso(m): 3:07pm On Jul 16
Englishisamust:
The news have been listening about rape and infedelity makes me fear men in this Nigeria. Especially from age 30 upward, it seem as they are getting older they are losing thier sense of reasoning. To born female kid in this Nigeria Dey fear me . Because we are breading a lot of weak men into this society currently they can not take rejection or take thier l in peace when it comes to relationship. They will always try to do things by force..
You must be idiot to want to generalize this unfortunate incident. Condemn the individuals involved in such acts and stop there.
If we talk about the atrocities of the female gender in this nations we no go fit finish am oh, so stfu
Politics › Re: Nigeria Has No Business With Poverty – Shettima by sekeyso(m): 2:42pm On Jul 16
Talk is cheap....it's not news that Nigeria has no business with poverty.
As the vice-president what are you doing to address this abnormality. Instead the government you're part of has plunged Nigeria to multi dimensional poverty.

This politicians no get shame at all
Politics › Re: Tinubu To Unveil The ₦2.4 Trillion Abuja City Walk Project by sekeyso(m): 10:31am On Jul 16
This is not what Nigeria need, we're struggling economically. Inflation is killing us 😫

Tinubu should return our energy Subsidies.
Celebrities › Re: Tinubu Not Perfect; Give Him More Time - Jide Kosoko by sekeyso(m): 10:23am On Jul 16
Give him more time to waste? The world is not waiting for us oh.
We don't have any more time to give Apc, they've degraded the quality of life of Nigerians that people are now working/hustling only to just feed. We've never had it this nau.

Oga Jide you sef is your life better now than before APC happened? Tribal and sentimental consideration aside, Tinubu doesn't deserve another term.
Politics › Re: Tinubu Is Rebuilding The South East, History Will Be Kind To Him - Soludo by sekeyso(m): 10:02am On Jul 16
No doubt Tinubu has really done more work in the southeast than any president since 1999 if we're being honest.
That still does not change the fact he's a terrible president and must not be allow to return come 2027
Politics › Re: 93 Percent Of Inmates Are State Offenders, Half Don’t Need Jail — Tunji-Ojo by sekeyso(m): 9:53am On Jul 16
In Nigeria people send their enemies to jails on frivolous matters. People boast of their ability to send other people to jail. The justice system is severely flawed in Nigeria.

Now that the minister has rolled out the statistics, what's he going to do about it. We're good with identifying problems but very bad at rectifying it. We hope he does the needful.
Foreign Affairs › Re: US Vows To ‘Dismantle’ International Criminal Court by sekeyso(m): 9:21am On Jul 14
That court hasn't been living up to expectations tbh,
They're only powerful to less influential countries but play dumb to influential nations
Business › Re: Dangote Refinery Fixes Petrol Price In New Pricing Template by sekeyso(m): 7:05am On Jul 14
Dangote the business man. It's the incompetence Apc government that prioritizes the elites we should be calling out
Politics › Re: Ejike Ofoegbu Appears In Court Charged With Criminally Defaming Governor Soludo by sekeyso(m): 12:02pm On Jul 13
The public apology was for what then?
Tihat guy is obviously going to spend some time in the prison.

But these people (apc apologists) can't take what they used to dish out to others people
Politics › Re: 2027: Peter Obi Will Be Alive In 2027 But Will Lose To Tinubu - David Umahi by sekeyso(m): 9:15am On Jul 13
This man must be having orgasms with his obsession of peter obi. Like obi take his wife or what. What's all these mentioning of obi every dam time he's making a public comments.

Minster Umahi there're many issues with Nigeria, we've heard enough of this obsession with obi
Foreign Affairs › Re: Lindsey Graham is dead and gone to hell, says Iranian journalist by sekeyso(m): 7:48pm On Jul 12
Why are the Iranians happy about this guy's death?
Politics › Re: Enugu Government Issues Flood Alert As Rains Intensify by sekeyso(m): 3:26pm On Jul 12
Flood alert in enugu? The city is not even experiencing enough rain. Unless they know something else the public don't know.
Christianity Etc › Re: Viral Lesbian Couple Jasmine And Lily End Relationship After Finding Jesus(video by sekeyso(m): 9:12am On Jul 12
Only Jesus can save even to those condemn.

As long as you're still alive, it's God's saving grace still being extended to you. Run to Jesus now and be save, the opportunity won't last forever.

No matter how far you've gone rotten, you're still redeemable. Jesus Christ love you.
Politics › Re: Tinubu Has Transformed Nigeria, He Came Prepared - Ooni by sekeyso(m): 6:37pm On Jul 10
Indeed he has transformed Nigeria, we're all witnesses to the transformation.
The traditional institutions that ought to be the conscience of the nation along with religious institutions have all been compromised. Look at a revered traditional ruler lying to our faces, trying to tell otherwise our daily experiences.

Nigeria's collapse will be televised worldwide
Politics › Re: 2027: APC Officially Unveils Shettima As Tinubu's Running Mate by sekeyso(m): 6:26pm On Jul 10
Tinubu is still not returning, before February 2027 something dramatic will happen that will change the political atmosphere leading to a landslide defeat of Apc across board.

1 2 3 4 5 6 7 8 9 10 (of 15 pages)