Theoldpretender's Posts
Nairaland Forum › Theoldpretender's Profile › Theoldpretender's Posts
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 (of 75 pages)
Thanks. It rained here in the FCT yesterday. Which is really surprising. I hope that it does not rain and then stop like that next month |
If you want to go abroad 1.Make sure you have a Bachelor degree at least. 2.if no Bachelor or Masters, make sure you have a valid admission to a valid school there. Not to a school like Croydon Institute of Fashion Technology. 3.Make sure you have some cash in DE akant. Because no cash, no veesa . 4..if you don't have any of that stuff, you are setting yourself to be exploited. Like anti blessing up.there. 5.Be prepared to learn the language of wherever you are going to please. Once you speak the lingo, exploitation chances zero |
logon599:You are very right, but, part of Real's issues is ageing players as well. |
Well, the problem is long standing grievances. I have lived up North. There have been several times when in the ethnic and religious riots that affect the north, many Southerners have been killed and injured. This leaves a lot of bad air and at the end of the day, a knife crime committed up North is a sign of how evil the whole North is. At the same time, there are millions of law abiding Northerners who don't do knife crime. I see how some Northerners too castigate the South as a immoral violent and baby mama area too. One sees the same thing in America. Whites use black crime as a means to castigate all black people as violent and low IQ. Blacks use white crime, especially if the victim is black, as a sign that all Whites are racist and evil. Anyway, bigotry is evil. I have seen evil Northerners, but I have also seen plenty good northerners. Same for Southerners. And the truth is we still have a lot of small minded bigots in this country who need urgent treatment. It is silly to accuse all. Northerners of being violent due to one knife crime, and at the same time refuse to say all. Southerners are violent as a result of knife crime. But one thing I know, I feel a lot safer walking the streets of a Northern city than I do a southern city. In the Night |
LiveByNight:Down thread, an Ibo girl was stabbed by two Ibo boys. So a wall won't guarantee you safety. Argue for stronger and better law enforcement and juvenile enforcement. Not for bigotry related things |
israelmao:Because if Bubu completely removed subsidies, fuel would be selling at 200 and above. And the kind of riots that happened under GEJ in 2012 would be small compared to what would happen in that situation. Nigerians don't want subsidies removal. Despite the long term benefits What Buhari did was temporary. At the time he raised prices, fuel was selling at 87 naira. Import cost was 132 naira. We were not earning enough revenue from oil. So, Bubu raised prices to 145, ending subsidy till landing costs went up to 150 and above, forcing the reintroduction of subsidy as under recovery |
ruggedtimi:Yeah because under subsidy, marketers cannot make enough profit to adequately pay truck drivers Hence the cheating |
Basically these abuses happen because under subsidy, government prevents people in the downstream sector from making a profit. As a result, cheating happens at every level of the system. Subsidy must go, so that everyone can make a legit profit, and prices go down via competition |
Koolmexxi:The government has never removed subsidy so long as they set the price. True subsidy removal is when government stops setting prices of fuel.completely |
Konquest:Read the article The problem is due to a dispute between the bus company and their fuel supplier |
princegeo:Well, may your wives each have 15 male children and your concubines have ten male children each. Iseeeeeee! |
Nigerians! Someone is up to some monkey business using Atiku name. Atiku and his group should tell Nigerians loud and clear that they did not authorize anyone to raise cash in their name. Am sure it is a Nigerian behind the fake go fund me account. |
princegeo:Do have a god blessed night. May your God's bless you, and if you are an atheist, fortune guide thee. |
lexy2014:I'm not defending Buhari. The money he mentioned that GEJ paid does not include the debt that he left for Buhari, a debt which he was trying to avoid by raising fuel prices to 140 naira in 2012. Nigerians forced GEJ to reduce to 97 then to N87. But because the cost of importing fuel jumped from 99 naira in 2012 to 121 in 2014, while oil dropped it became unsustainable. By the time Buhari came around, landing cost was 132.We were selling fuel at N87. Oil was a5 30 per barrel. Buhari saw sense and remov3d subsidy by raising prices to 145. Subsidyy was gone till landing cost rose again to N150 and above... which is when Buhari brought subsidy again under the guise of under recovery. At the same time, the naira value is falling due to falling dollar revenues from falling oil prices, which is why fuel is higher, so to speak. And why cost of subsidy has gone up under Bubu, because the value of naira has gone down, meaning we need more naira than what we needed in 2013 for subsidy. Then there is an increase in vehicles, generators, etc...meaning we need more fuel, meaning more subsidy. Ultimately my point is subsidy has to go. And it should have gone since 2012. Not everything is PDP and APC. Both parties support subsidies . So do most Nigerians. It's hurting our economy |
princegeo:Do have a fruitful and profitable day |
StaffofOrayan:And where will we get the money to build and maintain good infrastructure if not raised tarrifs and taxes. Covenant has top notch facilities compared to your government universities because fees are sky high. The oil we rely on needs to be at 140 dollars per barrel before we can have a balanced budget |
Patdedon:I stand by my comment. |
Pascopele:1.What was the level of fuel consumption between 2011 and now. If fuel consumption was static, I would have given you some kudos.. 2.Part of the trillions Bubu paid included left over debts from the previous administration. 3.The reason why we had the debts was because subsidy is unsustainable. 4.In 2012,GEJ, seeing the comming increases in subsidy spending, tried to remove subsidy by increasing prices to 140. Nigerians unwisely said no, and thus we ended up with the trillions under Bubu. 5.Bubu is still paying subsidy because if he followed GEJ and removed it completely, fuel will retail for 250 and above. Long term, investment increases and the price comes down via competition which is what GEJ was envisioning, but short term, it would hit Nigerians in their pocket, leading to APC being kicked out of power. (some people voted out PDP for raising prices from 65 to 97 naira. |
Basically the report says that if efcc, code if conduct, ICPC ET Al work together, or coordinate together... the fight against corruption will go on better Before 9/11, in the USA, the FBI, CIA, etc were each off doing their thing, and that is how they missed catching the Sept 11 bombers. Lessons learned led to the establishment of the US Department of Homeland Security to coordinate all the activities of these agencies. Time we established a similar organization for the Corruption fight. EFCc, ICPC, Ccbb should be under a Ministry of Anti Corruption Activities or just under the Ministry of Internal Affairs |
obstead200:Basically, water companies need to make a profit so that they can afford much more modern equipment AND afford maintenance costs that would mean no more polluted water or poor water supply. That is why GSM is working in Nigeria because GSM companies are allowed to charge prices that allow them to make a profit. Let's be realistic. It is painful, and God knows that high prices affect my pocket, as yours, but all the polluted water is what we get for paying low prices, plus corruption. Thank you |
Because our government run water supply companies are not allowed to charge meaningful water bills, meaning they are grossly underfunded, and cannot invest in new equipment. |
Ovamboland:Most African countries are resource dependent, which means that their economies float and sink with rises and falls in the commodities prices, which means they have to take loans when pricea fall, which makes them not have the capacity to sustain social welfare economies long term. Most Western countries have diversified and highly industrial and innovation driven economies, and as such can afford social welfare programs TO an extent.... even they are going into debt sustaining such progammes.Like the US social security program which is heavily in debt, and the UKs NHS. |
frosbel2:Bubu is left wing when it comes to power, the downstream oil sector and education. All those sectors are heavily subsidized. Yes, petrol inclusive. If Buhari was a capitalist, he would have completely removed all subsidies meaning that power bills would be as high as 30000 for a single room apartment on meter, fuel would be costing as high as 300 naira per liter, and universities fees would be as high as 2million naira. And sold NNPC. Even Trader moni and NPower are typical socialist ideas. Provide cash for the poor. And by the way, doing all the above would have generated investment and jobs, but would have been resisted by most Nigerians as people unfriendly .Invest looted funds instead of doing tradermoni? Not people oriented Nigerian governments have typically practiced a mixed economy. It keeps both the capitalist elite and the socialist poor happy |
winningwinner:Distribution and generation were sold to the Discos and Gencos. Transmission remains in the hands of government (largely for national security purposes). The reason why things have not imporved is that Discos are selling power below it's production cost thanks to a clause in the law.governing the power privatization. Subsequently they cannot buy all the power the Gencos produce. Gencos too have to buy gas from gas companies in dollars and not naira... Making things worse. |
Ezemarcel:PDP states and issues.... |
Nigeria is not going to be Venezuela 1.Goverment here does not subsidze everything. 2.Our savings are at 40bn USD. Venezuela is down to its last 10bn. 3.We don't print money to solve economic issues. 4.We actually still manufacture stuff we consume here. Things like toilet roll, soap, some processed food, etc. Venezuela imports everything. 5.We. actually removed fuel subsidies when it was sustainable. Venezuela until recently subsidized fuel as low as 45 naira. At the expense of its forex. 6.Venezuela took over all its private companies. Nigeria? No way. We even sold off government shares in most private companies over the last 3 decades. 7.Nigeria has a more diversified economy than Venezuela. Where Nigeria can become like Venezuela 1.Subsidies are still in place. This is costing us jobs in the oil sector as well as investment. 2.Power is worse than in Venezuela due to lack of deregulation. Discos are charging for power at a price lower than the cost of production. You see why we don't have light. 3.Corruption is still a problem, despite Buhari being there. 4.Bloated civil service, bloated National Assembly 5.Our education system is severely underfunded. Made worse by the fact that fees are too low to make up funding gaps. 6.Insecurity.Just as bad as Venezuela |
Dee60:I think he should get another 5 years. Chief Joseph Sanusi , Soludo predecessor got two terms. He has done very well, and we need him for his fiscal sense. Anyway, the new person better keep saving money. I don't care what else they do, so long as they save! |
He has done well. I was one of those who did not like him initially, but seeing how he saved billions at a time when we had low oil prices, I'm impressed now. I hope the new guy or girl continues the good work.Especially savings |
princeade86:Look, let us stop telling lies. APC or PDP, lying is not good. Atiku and Saraki are innocent until proven guilty |
netpro:No, it just means that the instrument he used to loot the fund, his company, forfeits the funds to government |
Generalnomercy:Don't make comments you cannot prove. Seriously, let's stop all this rumor mongering in this country |
