₦airaland Forum

casualobserver:
Go and read up on Venezuela and what subsidy has done to them. They have the most oil reserves in the world (more than Saudi) , their petrol is the cheapest in the world thanks to subsidies and 97% of the population lives in poverty. That’s the path Nigeria was on. It’s no coincidence we became the poverty capital of the world in the last 12 years under the subsidy regime.

No point in arguing with you anyway. Subsidy is gone and it ain’t coming back, if you like strike, when hunger catch all of una nobody will tell you to buy petrol or buy a bicycle and go to work.

keep shut oga.

They will start with one or two good paper initiative then loot the subsidy proceeds. after that, they will go after forex subsidy, education subsidy and then tax increase. All these will be interjected by flashy and bogus PPP long term looting projects then they will finish it of with more tax.

Failure2019, did your fail in 2019?

He did not even pity the value of the building

He should be shock in daura right now.

Sharing republic

Jou are right. He cannot fight corruption so he cornered subsidy.

Like the last years of PDP, APC have very little support base. They are renting crowds too just like their brother party and will have to pay people for support. That's how they are surviving

Schooled how?

Godoverevery:
Don't worry tinubu will employ 50,000 thousand solider within 1week.

He will also solve all Nigeria problems in 1 week.

Thanks

what about yours?

He is right.

Civil servant don't spend all their money on fuel alone. Other commodities are only expected to experience a marginal increase in production cost as a result of petrol price increase.

Take farm produce for example, petrol price increase cant and won't push prices of fertilizer, labour, or seedlings up by 200%. Never.

The current president once admitted that a removal of the same subsidy will bring hardship( in 2012 I think) and not existence of marketers. The APC is a useless party.

GeneralPula:
I have no link..

Do your enquires..

my enquiries?

GeneralPula:
It does and it’s not just West Africa, some other Africa countries too..

You can do the enquiry yourself..

...or you support it with a link.

MisterBanny:
Nigeria is the Giant of Africa, if Nigeria sneezes, other African countries will develop instant Cough.

and when the giant breaks a bone, who will set his bones? Who is big enough to hold her down and massage her?

madridguy:
You are still in sifia pain over the election right? Its time for healing.
Nice one from the peoples choice, President Asiwaju Tinubu.

Asiwaju awon destroyer abi?
The chief splitter of Nigerian project.

Yet terrorist minded can block roads and pray peacefully across Nigeria every Friday.

We have heard. It is time for media Influencers under APC to jump on this and exergerate it to the heavens. It is just along the Nigerian borders and doesn't extent unto the whole of west Africa.

One paragraph?

Corrupt bunch.

When will price of petrol start coming down as a result of importation from multiple sources?

nairavsdollars:
He fought Tinubu to a Standstill during his tenure as president even denying him Lagos LG allocations.

He hounded Ibori to jail using his puppet, Goodluck Jonathan and the EFCC

He frustrated Osoba in Ogun State and ensure he didn't get second term in 2003.

How will former president Olusegun Obasanjo feel seeing these ones in charge ?

He should have put them all in jail and saved us a generation of thieving godfather across regions.

Perfectbeing:
Nigeria border is over 4500km. That's more than 5X the distance of Lagos to Abuja. How many customs, soldiers, Immigration officers can man that length?

Nigeria is 900 thousand sqkm yet DSS claims to have ear in every nook and crany. Why not employ 20,000 personal and pay them N75k to infiltrate smugglers? That's N20b a year and about what goes to subsidy in a day or two. That same border suddenly became tight in security when it was time for closure and food embargo so why not against fuel smugglers?
Tinubu once asked Buhari to recruit 50,000 into the army so why not take a cue from his own school of thought and use to solve the problem?

dokyOloye:
Exactly.
So Nigerians have to pay more because the zoo customs service,zoo immigration service, zoo police, dss etc have refused to do their job

Zoos exist in hands of zoo management team. That leave the govt overseeing the zoo immigration services, zoo police, zoo custom service an animal one.

None. The NNPCL is a useless rent seeking domination entity.

Easybet1:
You don pay seun heavily to sold scam to us abi, if your rate is not 500 to 550 naira, abeg shift one side

You must be an armed robber in real life. Where are they selling at that rate in the black market? You expect tribapay to buy at close to 750 and sell at 550. Entitled brat.

SalamRushdie:
Minimum wage is a ruse , when minimum wage becomes 100k it would still buy just the same things your 30k buys today, the trick is to improve purchasing power and not increase minimum wage

Exactly. It isn't about the volume of money in hand but what can be exchanged with the money. That's why there has to be a concerted drive to increase production from LG to state to FG level. Industrials estates, state owned industries, state subsidized industries, stakes in strategic multinationals, industries and within the right industries.

Not buying of bonds and taking heavy loans.

Vintage100:
They are mostly southerners.

You are dead wrong. In fact more Hausas than Fulanis.

That's how rife the smuggling was. What are border patrol for.

Two big question marks.

In Ada's voice

I overcame, hallelujah.