₦airaland Forum

One and only GOAT.

Don't be fooled by this stupid analysis with a narrative that importation is the only competition available to checkmate Dangote's monopolylistic tendency.
If truly the FG want to eliminate monopoly and creat competition in the system, the right thing to do is to either encourage other local companies to produce similar product, or make the national refineries viable.
Any policy that encourages important of producible commodities in our local economy will only worsen inflation. We are already grappling with scarcity of foreign exchange, and one fool is talking about letting marketers waste the scarce dollar in our system on importation of fuel, diesel, aviation fuel, kerosine which are already produced and ready for sale in our own indigenous company.
This government needs to cut down on importation of not just petroleum products, but other commodities that are deemed producible in our local economy, this will go a long way in strengthening Naira.
Secondly, I believe Dangote will most likely sell below 900/L based on a lot of indices, and Nigerians are even psychologically ready to buy around this rate, haven suffered enough hardship while trying to procure this product at a slightly higher rate. Automatically this will eliminate the need for subsidy payment, unless the federal government decides to be nicer.
I believe it should be a win win position for both the FG, Dangote and the masses at large. This only losers here would definitely be the marketers and the useless NNPC, who doesn't want to take their eyes off the loot from subsidy and inflation if price of fuel.
I am beginning to think Tinubu is also complicit in that crime of exploiting Nigerians through importation and subsidy payment . A sensitive government should have seen the need to ban importation of fuel and other products .

Do we have a president in this country? I doubt.

Fuel is currently sold over N1150/L is most filling stations across the country. The landing cost as we heard is roughly 1100/L.
So, where is the subsidy?
I believe the FG, through NNPCL has tactically removed subsidy while awaiting DR products.

I don't blame them at all.
If you imagine what it takes to survive in the country, you wouldn't be surprised when you see people do crazy things just to make ends meet.
Our daily expenditure, even as working class has surpassed our daily wages if one should do the calculations right. This is true with over 80% of the working class. People now resort to other parallel means of livelihood, just to argument Their take home.
Now, Imagine a jobless man on the street, an artisan, who is not sure of a consistent daily job, the disabled, the aged people with no care giver, the underaged orphans just to name a few.
I take myself as an example, I spend 6 to 7k minimum on feeding just myself in as semi urban settings where things are fairly cheap. I have a wife, kids and other extended family members to cater for. My salary is over 500k monthly, yet at the end, there is nothing left to save. Sometimes, I run into deficits.

Don't add more pain to people trying to survive, provided they didn't come to harass you or threaten to take it out of you under duress. Mind your business is the slogan now, before psn go kpoof you out of frustration.

Naaaa.
What you need is a house help or Nani.
No wonder you are almost 40 without a man.
You want a simp who would willing submit to your whims and caprices

Them go still campaign and nothing go happen Baba.
Tinubu till 2031.
Get used to it bro, because machineries are already in place to Rig the next election. So, it's going to be a smooth transition to his 2nd tenure.
Wail all you can, its not going to change anything.

Omo, in which ever angle one might look at it, that guy is a compound fool. A selfish idoit.
I am married with kids, I have side chicks too, but one thing is for sure, I will never compromise my relationship with my wife or kids for any side chick. My heart, my allegiance is with my wife and kids. I wulo never trade them for any other woman, no matter how highly placed or how good they look.
The Idoit need to retire home and take up his responsibilities, unless there is something the lady above is not telling us.

Why is this administration hell-bent on completely removing fuel subsidy? All indicators are suggestive that, all the drama about fuel pricing between the NNPC and DR is simply a strategy to avert any backlash that may occur when the citizens eventually get to figure out their intentions. This is very unfair and insensitive. Has the citizens not suffered enough ? We deserve some a breath of a fresh air.

Some analysts, who are also experienced in the petroleum industry, have done their research and projected N750/L as the possible and ideal price of gasoline from DRC. They also forcasted that adding other associated costs, fuel should be generally sold at about N897/L. Now, why is the government covertly trying to make Nigerians buy this product at this rate without any other consideration for its rebound effect on inflation and the people who are at the receiving end.
We understand the FG has spent hugely on subsidy, haven kept the price of fuel around N600/L. I feel the new approach should not be a complete withdrawal but a marginal reduction by at leat 50 to75%, so that at the end of the day, fuel price would arrive at about N700/L to N750/L. At these rate, they would be confident enough to explain to Nigerians for taking such a crucial decision without raising any dust.

It will not only improve the quality of security in the state, but will also keep some of this phony men of God in check.

It's quite unfortunate that her clients failed her.
POF is a common practice in most banks, but it seems her clients defrauded her.

I don't have any pithy for Northerners as it concerns terrorism, banditry or whatever term they choose to describe it. It is a typical case of " the chicken coming home to roost"
There was this grave silence in the North during the regime of Buhari, especially when his policies were clearly emboldening terrorism in the North.

For instance, they instituted the policy of rehabilitation of repentant terrorists; a policy where by, captured terrorists, who had killed and maimed thousands of people including Nigerian soldiers in the most barbaric way one can imagine, were taken to centres where they were clothed, fed fat and subsequently released with largees back into the society. Some were even recruited into the military and so on. The entire elites from the North never uttered a word to oppose this policy.

Secondly, Buhari emboldened the fulanis and indirectly encourage them to acquire dangerous and illegal arms. Fulanis became so bold that they were seen on many occasions brandishing weapons without fear of being arrested or prosecuted . The mayeti Allah castle breeders association and their headership, became so confident that they openly came out to issue death threats to farmers in Benue and other parts of the country. The fulanis became untouchable. When they get arrested for a crime, powerful elite from Abuja almost immediately mount insurmountable pressure on laws enforcement agents to get them released. I have witnessed this first-hand in many occasions, as my job affords me the opportunity to work closely with
police.

Buhari criminalised Baiafra and imprisoned their leader, yet he didn't see reasons to let terrorist from the North remain in prison.
He went as far as giving presidential pardon to hundreds of incarcerated criminals and terrorists in a certain prison in Kano.

Lastly, is the refusal of the North to admit that Almanjiri system is a tradition or religion that grooms terrorists. I spent over 3yrs in the core Northern Nigeria where I witnessed this ugly trend. It's a terrible practice, disgusting and an eye-sore, that should be condemned by any right thinking person.
I don't pithy them, especially the hausas, they are the most foolish and retarded tribeb I have ever seen in my life time. For long they have allowed the fulanis colonise and mess their region up. The miscreants causing his terror are largely fulanis.

I wonder why he is always posing with a cup of cocktail.
All these Celebs and substance abuse.
Soon, the will start looking for Kidney Donors.

Fiancee my ass.
Them done use fiancee deh chop this one wotowoto.
Men don finish for Naija.

Na that hardship go kpai you IJN. Odeh.
Stupid idiot.

It's in their best interest to have dessociated themselves from a retrogressive, curupt and terrorist infested regional alliance.

Of course they will give him the best reception, untill he pays their loan.
Who wouldn't pamper their debtors ? especially when you are aware your money and the interest therein is at stake.
If possible you will even offer free treatment any time they fall ill just to keep them alive till you get your money back.
That's exactly what China is doing to Tinubu.

I hope all these rail projects would eventually eradicate "go slow" in Lagos.
If that is not achieved, then it all effort in futility.

He has obviously made himself the sole Power broker in Edo state, forgetting that the onus to decide who governs the state, lies with the people.
He can only recommend a candidate, if he deems such person fit to deliver on the given mandate. He statement was rather dictatorial, and should be condemned in it entirety.

Wereh won form colonial master on top another man Wife.

I think there is an unspoken reason why the FG, through NNPC, has taken two steps recently as it concerns energy crisis.

One is making NNPCL LIMITED the sole buyer of petroleum products from DR.
Secondly, is the recent covert hike in the price of PMS.
I thought over this and came to the conclusion that, perhaps the FG is trying to withdraw subsidy payment on gasoline or at least reduce it to a sustainable level.
It has become imperatives to do this because, the FG can longer bear the burden of subsidy.
Coming to think of it, the landing cost of petrol currently is around N1200/L. Comparatively, DR. should ideally sell lower than this price after taking into the cognisance, the lower cost of production since its an indigenous company. I believe, in which ever perspective one decides to examine this, the truth is, the cost of production here is inveriably lower than it should be for foreign companies for a number of reasons;
One is the fact that, raw material are sourced in naira, the cost of shipment and duties on crude is already out of the way, and other related wavers.

Hence, in order to eliminate subsidy or at least reduce it to the minimum, the federal government had to prepare the market and the minds of the citizens by arbitrarily jacking up the price through NNPC to N897/L. At this rate, the price is almost close to or exactly what should be ideal for D.R product and there would be little or no need for subsidy expenditure.
This is what I think is the unspoken truth that FG has not been bold enough to tell Nigerians, since they have not been very open in their subsidy payment ab initio.

Dbanj go soon begin dig this one bore hole.
The Koko master.

Tinubu done finally pocket NNPC.

Report the case to any nearest police station and let them initiate tracking of that device . It might lead you to the culprit.
Secondly, install CCTV inside and outside the store and get a least a security guard to look after the store after closing hours.

This senseless Anu Npama and Akpa Amu of a president has still not learnt his lessons about China. One small Chines company almost ceased all our national assets after a deal went sour with Ogun state Government, yet this old hag still crawls to China for more stupid deals thay will eventually end in tears.
We should be more concerned about what we are owing them and how to pay up our national debt to china. This shouldn't be a time to be asking for more favours from a country that is popular for mortgaging other African nations.

This one is building his profile in view of his presidential ambition.
E get plan.

What good can actually come from Nigeria meeting with China other including more debts and further mortgaging of our future and that of generations to come.
Nonsensical charade of clueless government .
We do not need to go out to beg for investments, if our economy is properly manage.

People still deh buy car?
Where you see money to fuel am?

A great piece.
Congratulations to us Nigerians.
No matter how we visualise it, it's worth celebrating.

This news will only be good to me if the price of fuel eventually drops at leat by a margin N200 to N300 per liter.
Anything below this figure is as good as it used to be.

They can go ahead and kidnap their sultan.
I don't give a Bleep.


Let the North continue to enjoy their Muslim Muslim terrorist government.

They are doing this so that there shady deals will continue unchecked.
Who is the monopoly now?
Government of crooks and criminals.