BluntTheApostle:
Can someone explain to me the rationale behind the idea that White Money fans saved Cross and Queen?

This is the height of delusion.

Wait until Queen's fans pull a Dorathy on all of you.

Don't push Queen to her doom. Better leave the poor geh. We know we saved her and we will always do that until she's up with WhiteMoney

Can we all give this money to WhiteMoney now

Let Malaria cry her cry fully as she's been rehearsing crying since some few days ago

Zizim:
I can’t see some monikers lately... wetin happen?

Dem de emergency ward

omotolly22:
If they are evicting just two ,can someone tell me how they are going to evict 13 housemate in just 4 Sundays left

If Biggie decides to evict on Weekday like Friday nko? No be him house be dat or choose to evict four people next Sunday

Team WhiteMoney we are a force. We delivered Queen and we sure gonna deliver Cross too. Malaria or Periwinkle is going home

Good bye Sammie

Ebuka d table shaker

morikee:
3k+ pages on top BBN matter wonders shall never seize

Is bbnaija the reason why Bandits are killing people or fulani herdsmen killing people across the nation?

JMK gone, what a wasted waist!

Geezeem:
The gods just saved our ears .... like say na WM performed like Cross, this thread for don full now

The gods are wise

just pages behind they used Maria to mop floor cos she didn't do well.... they said she was stuttering

someone even posted that WM does not put his hands on anything he is incapable of doing

so why did he agree to keeping goal post?

Cross was even heading off balls... ..... Boma was better as referee

I like how this thing na turn by turn

let him retire to the kitchen to continue licking cooking spoon biko

Be like say u too like vawulence

MizzD:
Good come back for saga’s team.. If not for the new rule of stopping cross from laying down, them for no see one goal score

That cross’ strategy eh.

But that lying down suppose not be an offence o. The guy na real defender

Best player award goes to Yousef and Queen for the females

Mehn, this their football sweet die. WhiteMoney na ode him be. Him no sabi play ball. Na minus one and basket

Let her go, she deserves to go

On Tithes, as a contractor, you were given a certain amount as the cost of the project you want to execute. This amount covers the cost of materials, labour and other professional services the project requires.

How do one calculate his tithes? Is it the gross amount, that is, the 10% of the entire project cost, or the 10% of the net, (after deduction of all labour, materials and other contingency expenses?)

Hahaha, as e de hot

Hahhahah, Buhari will bring a dead person for nomination

The gains of One Naịjiria for the abokis

greatiyk4u:



I paid my tuition fees, you need pay yours

Smiles, indeed, it's a faceless forum! I doubt if you have a firm grasp of Macroeconomics than myself

Splitmind:


You are only bitter because your region is not president

..

Who are the grass eaters today?
Who are the almajiri and bambia Allah's?
Who are in the IDPs and homeless?

If having the president will make my people to chop grass and run away from their homes into IPDS and refugees in their home state, to hell with that presidency

Beancounter93:


Buhari is a bad manager but if he met high oil prices like in 2012-14, he would have done what GEJ was forced against his better judgement to do...use a large chunk of our forex earnings to subsidse fuel.

Because the thing is you Nigerians love cheap fuel. Even if we worsen our debt to keep it cheap. Like what Buhari is doing now...which is why he is a bad manager.

Good afternoon.

With this current amount we are buying for fuel, what else have we not sacrificed for this government to understand the plight of the common man

Beancounter93:


Yes i know most of our money is not used for oil subsidy

BUT....it is rising...and it is a lot. (At least N1 trillion per annum.). And it would keep rising because the consumption of fuel is rising day by day(and because people are making a profit smuggling our fuel to other African countries that sell at a higher price and selling at a higher price...at least 40% of our subsided fuel according to one estimate)

With low crude prices, saving that amount of money can be very useful.

Plus, removing subsidy means more investment, more refinereis both big and small....which means more jobs, and more revneue from taxes, and from exporting products of refining....plus indirect effects on our industries...more money for the government coffers.

And we won't be taking loans as much as we used to.

How many times will Buhari remove subsidies? To start with, he began by saying he don't know what is subsidy. As a substantive Petroleum Minister since 2015, what has been the rationale for his back and forth statement on subsidy removal

Good governance and Buhari should never be used in the same sentence, they are parallel lines

Beancounter93:


Depends

1.Under GEJ, with higher prices for crude...we had more of a higher income, which we spent massively on keeping fuel cheap..which is part of why we had a depleted forex reserve by the time Bubu took over...which under Bubu fell by another 4 billion dollars...because keeping fuel cheap costs a lot (There is a reason why GEJ wanted to remove fuel subsidy, and the events of the last 8-10 years since the Occupy protesters forced his hands have proven him right).

2.Under Bubu, because of the very low oil prices we have had, there hasn't been much money to pay for subsides, therefore subsides got partially removed , and prices went up.

Also, because of the low crude prices, we have to take loans to meet up with demand for money in this country (Or Buhari raises taxes massively which is what the IMF loves, but the masses hate)

Once prices go up, we spend money paying back the loans we took first....meanwhile we have to take new loans because even with the rising oil prices, the price is not at what is considered our breakeven price (which varies from oil producer to oil producer. Nigeria has the highest at $133 per barrel...down from $139 in 2017, and $122 in 2012.)

Perils of being a resource dependent nation, and one reason why we have to remove subsidy...if we can do that, it means we save more money. Long term, Nigeria cannot rely on just oil.

You can always agree with me that proceeds from oil sells is not majorly used for oil subsidies. Other sectors of the economy requires financing from the oil sales. Now, we already know that Nigeria has a poor economy and its even getting poorer with high unemployment and hyper inflation, all thanks to Buhari economic policies.
To sustain the economy foreign reserves from oil earnings will be used to at least resuscitate the dying economy and stock up the depleting foreign reserves, also trying to push up the naira against the dollars to curb it from reaching #500/$.

All these will never allow subsidies on oil to hold and we are more likely to end up buying higher fuel pump price with rising oil prices. In all scenario, there's no benefits to the common man who buys fuel from the gains of rising oil prices.

All these can actually be reverted if Buhari sees the need as a Petroleum Minister to auction off the outdated refineries we have and build up a new one with state of the art facilities. $10 bn can give us something substantial that can save us from this deep poo of oil importation

Waste of time if you don't have a governor or a national assembly member to help u out

Beancounter93:


Because

1.When oil was $100 dollars we had more revenue to pay subsides...and to subsidse fuel to N97 (not N87....that came after oil prices started dropping....and to get to N87 we drained our reserves).

2.Also, at $100, the value of the naira improved due to higher forex in circulation...which was enough to strengthen the naira.

So you don't no that if it still gets to that level, wee will still be buying almost #300 per litre when you factor in landing costs and profit margin for the entire value chain

Beancounter93:


Simple

1.At less than 40 dollars per barrel...we had less income to subsidise fuel.(That was the backdrop to the raising of fuel prices from N87 to N145 in the first place in 2015 because of low forex)..so some money was removed.

2.Also, we did not have enough income at $40 per barrel to buffer the naira, so the value of the naira fell...

3. It would have been higher, if it wasn't for covid, and for people selling oil and fuel at cheap prices to get rid of stocks that were just being unused due to low traffic due to lockdown.

Do you agree that the higher the price per barrel the higher we buy per litre

One of the wonders of God's creation

For the first time, the over bloated goat Lawan acted like a human

greatiyk4u:




Lolz, many ignorant peeps full here yet insulting the government on daily basis

Are u aware that if the prize gets to $150/barrel that fuel will be sold below 100Naira?

No time to coach you

But when it was sold at $40 range last year we were buying fuel at #120. What's the explanation for that

Sai Baba. He must have voted for Buhari. At least it seems better than chopping grass