₦airaland Forum

I have read a series of articles attacking the Federal Government for not telling the truth about fuel subsidy payments, following NNPC Limited's admittance it was owing suppliers some $6 billion.

Some of the stories have been written with relish, as the authors believed they have uncovered some scoops.

The truth is that there is no discovery. No lie uncovered. The government has been faithful to its policy that it was no longer going to pay fuel subsidies since President Tinubu announced the deregulation of the PMS sector on 29 May 2023. Since then, subsidy provisions have disappeared from the budget. It was not in the Supplementary budget of 2023, not in the 2024 budget and the amended 2024 budget.

So the giddy headlines about the so-called unraveling of the Tinubu government’s subsidy payment; and return of subsidy were not justifiable.

Rather what has unravelled was the commendable disposition of the oil company owned by all the tiers of government to absorb the rising costs of petrol at the pump and protect the Nigerian consumer. That generous disposition by NNPC Limited, backed by a compassionate president unwilling to let the people suffer, has been under threat for months, because of the rising cost of crude and the devalued Naira.

The NNPC cried out recently because it can no longer sustain the price differential on its balance sheet without becoming insolvent. The situation has greater implications for the ability of the three tiers of government to function as the NNPC has failed to pay into the Federation Account, the money that should go to the government.

There are no easy choices. Something must be done to make NNPC survive, keep the engines of government running and petrol flowing at the pumps. That is the scenario that is unfolding and the game changer and big relief giver may well be the Dangote refinery and other local refineries which will become the fuel suppliers to the local market. When Dangote Refinery and other refineries, including government owned Port Harcourt Refinery, come fully on stream, our country and economy will benefit on all fronts. There will be many good paying jobs that will be created along the value-chain. There will also be a drop in the huge demand for foreign exchange to import petroleum products.

Removing him as chief whip we understand. Asking him to leave the party is APC playing God

If you don't value the little you have attend.

They will wow you with wonderful speeches without a tangible biz idea.

Mark Nsukkabread is a drop out. If he can achieve it, you too can.

A lot of things are not meant to be in this country but our country is a hopeless one.

The military is meant to collaborate with the police whose job is an internal affair but who is to speak out?

Enyimba FC of Aba sign a 2-year sponsorship deal with United Nigeria Airlines.

The Official signing of the dotted lines took place at the Corporate Office of United Nigeria Airlines at Plot C2A Garden Avenue GRA, Enugu , Enugu State.

Jennyclay:
I put to you that this bolt driver is not innocent .

The police should tortured him and watch him confess all his evil deeds .

As long as I’m alive, I can never trust a man not even a Nigerian man.

Biko!! Torture him!!!

Torture not interrogate.

May they torture all your family members

Police wey go ask for money to buy fuel⛽ before they will go for an arrest. Na them go respond based on your phone call.

People say it is about the money, ask them if those in Europe are paid with trade by barter.

Anything against Tinubu is right

Suffering and defending.

Our government and politicians know that Nigerians have short term memories. If we don't, what in the name of Bulabah will someone consider APC after years of untold hardship on the country? Even if they promised you heaven on earth, they should be done away with. We rather have a cow are president than anything they have to offer

More truths will be reveals on the economic state of the country but we will still have those who will want to defend this ineptitude

RacistProudIgbo:
Stop taking trashy here, I'm from Abia and your wrong.

Yeah. Add Abia to make a bit of sense

kettykings:
should ivm spread their assembly plants to areas of high patronage and build service points in other areas, with the subsidy removal, they should think electric cars too

You aren't done with fuel cars na electric you dey think. How many you dey drive now?

Dangote refinery was celebrated like it was next big thing after garri. Dignitaries graced the occasion. Buhari removed subsidy to make sure his refinery thrive.

Innoson has been producing cars. Call it assembled cars but it was done in Nigeria. FG that championed made in Nigeria has never patronised Innoson because he is from a particular tribe they don't wish to grow.

What's with Nigerian politicians and naming ceremony

NtoAkwaIbom:
Game boys
Normally Akpabio na game boy.
The first time my state governor went to senate, under PDP, na so Dem say standing order no go gree new member to be anything, Akpabio been dey find to be Minority leader, boys ekpokor, boys ifimmme(dey talk, Dem do) Akpabio still succeed be Minority leader.

Now Imagine, Akpabio and Tinubu link up ( the politician, wey the president, n Cabal n CBN governor, and Obidafties been d try to frustrate, yet him tell Dem "una papa"

So you know say match go finish under firs 10mins.
The game is already won.

I hope you make more money when he ends up there. Oh! I forget, you will still pay for your data yourself

Nigeria-born UFC fighter, Israel Adesanya has expressed his love for his fellow Nigerians.

The mixed martial artist, however, noted that the country is a ‘very corrupt place’.

The ‘stylebender’ said this while speaking on a Hotboxin podcast.

Adesanya added that government and some of its people are always looking for ways to siphon money from the country’s coffers and swindle others of their money.

He said, “There is a lot of red tape in Nigeria. Nigeria is a very corrupt place. I love my people, but it is just that the government, everyone is finding ways to siphon money.”

The 33-year-old on Sunday knocked out old rival Alex Pereira to reclaim the middleweight crown at UFC 287 in Miami.

https://www.vanguardngr.com/2023/04/i-love-my-people-but-nigeria-is-a-very-corrupt-place-israel-adesanya/

It is quite unfortunate that they will thread blames instead of sympathise with the dead.

BlakKluKluxKlan:
Children of hate over election issues.

You and sense are two parallel lines. They can never meet.

United Nigeria Airlines is 50k

Moh247:
Rule 2 mynd44 Seun Nlfpmod dominique

No time

We can create a million account. Fem there.

Moh247:



Zombidiots and Obi are the reason PDP lost


Reno Omokiri would never forgive Obi for making him spend extra 8 years in exile



.

I don't want to say you are stewpid. But you aren't far from it.

Wagwanbrethren:
Lol. Dey play!
Nothing in the whole world can change it. If you like gather million evidence, you go nowhere! 🤣. Your matter fit no even enter Court,and if by any chance there will be a rerun in some polling unit you lads won't win nada!🤣.

Reserve your energy so you can witness Tinubu's inauguration day! 🤭🤣
If you like cry on TV like a baby or keep wailing and spamming nairaland, Tinubu is still your president for 4/8yrs!🤣

I pray his administration favours you. If not, your tears will flow longer than others.

Philgafauto:
They will never allow you win. Stop wasting your time.

How would you know when you haven't tried. If the 5 Eastern states gave Obi a million votes each, don't you think his chances will be high?

Football banter and taunts has eaten deep into the fabrics of our sensibility making us assume every opportunity is for banter and taunts.

All we pray for, all the struggle is to see a better Nigeria which we will be proud of. Buhari's 8 years have not been favorable to us all whether you voted him or not. Millions have died during the administration. Some business crumbled. Most workers laid off.

Regardless of who won the election, through rigging or whatever let's unitedly hold them accountable. They have made countless promises. Let's hold them to fulfil it.

If we continue to taunt each other because their preferred candidate didn't win, our politicians will continue to rob us blind. Most who voted Buhari didn't make any progress in their lives whereas some of those who didn't smiled to the banks.

It has always been our mistake. Thinking we need Biafra after we lost an election only to come back after 4 years to lose again.
Igbos should work on strengthening our voting power. We can have our own in power with 400k votes. There should be massive sensitization for every Igbo above the age of 18 to get a PVC no matter where you reside.