₦airaland Forum

in simply terms to me subsidy is ensuring that the price of a good or service is below the actual cost price-in other words, there is a loss. No concerning the Nigerian situation, the crude oil is sold in the international market at ruling price. Its based on this that the Federal Government bases its budget. So the crude is sold and we import, like any other country, refined oil at international price, together with it attendant cost of transportation, insurance and landing charges. These no doubt makes the cost of refined oil higher than crude (since value has been added). Now the Govt. arbitrarily fixes the refined oil (PMS) price. So the differential is called Subsidy

Well the counter argument is that ideally, the budget of Nigeria should be based on crude oil that is sold to external customers. The crude oil that is to be used eventually in the country should be sold at local cost of production price to refineries who will the send it back at a reduced price. States and LGAs will kick because it will mean reduced revenue, no wonder they wand an Accountant General of the Federal Republic

So to me there is subsidy but its being mismanaged because our monitoring agencies have been corrupt

The way out.....

Jejebaba:
Pls let someone reply to this post. Is there anyone in the house who receives trade alert anytime he/she trades on Morgan because trade alert is always deducted in the statement or does anyone sees his Morgan portfolio in the online cscs stock monitor. Your response will be appreciated.
Thanks.

I do receive SMS Alert

There is nothing special in former political officers going anywhere after leaving office. I don't see a big deal in the discussion. In Nigeria a person is innocent until when proven guilty by a court of competent jurisdiction. Let's not jump the gun. Has there been any arrest warrant issued on these people? Has any charge been brought against these people? I beg chill

veecovee:
place folks how long does it take Morgan to credit an account for the very first time. I have been waiting for them to credit my virgin account since 4hours

Did u pay through transfer or bank lodgment? Which ever way quote your account number with them for easy reference. In addition you can send a mail to them. It normally doesn't take up to an hour before you are credited, I'm talking from experience

Wonderful n commendable of our house of Assembly. Over to you Governor Fashion for action

Gistdutch:
Another wonder Bank. SCAM ALERT BEWARE !!!!

What is d coy's CAC number. Is it licensed by SEC?

JAS10:
@ All the ogas in the house, make una put mouth for this my matter na. i am finding increasingly dificult to make morgan capital to transfer fund from my trading acct to my bank acct. i ve sent several mails to info@morgancapitalgroup.com,morayoj@morgancapitalgroup.com, but nothin forthcomin. pls i need advice frm som member who has succesfully transfered fund frm his/her trading acct to bank acct. thank you all.

I had done it before. Call them. They will either do a direct transfer for a fee or issue a cheque in your name

just2endowed:
okbut i hope they honour one call for placing treasury bills

If you have an account with d bank.

just2endowed:
I h=visited zenit bank today. they said 1million as minimum investment in TB. wow

I can confirm that too. Try Access I have bought two tranches of 100K treasury bills there recently

Keep it up n going. GOD bless u Jasper

Send an email to adeyikanmi72@yahoo.com let's discuss frm there

http://www.thisdaylive.com/articles/okonjo-iweala-huge-revenue-lost-to-fraudulent-waivers/208949/#.VU7yMzrOiBs.twitter

Some food for thought

kaptinphilz:
Please guys is it necessary to collect certificate after investing in Tb. I didn't collect any from first bank due to distance hope it doesn't have any negative effects on my investment.

It does not. Only be sure that u hv it. U can go to a nearby branch n ask for your statement. If u subscribe to SMS alert u should have gotten d debit alert

How does one register

Go to the CAC web portal. U can do it online. U first have to do name search

My access account was debited with 97506.85 today for 100K TBills I think that is 10% pa for 91day tenor

seye4nii:
thank you royal 155, i nearly fight with him but unfortunatly i will be traveling back to London this morning can i do it from outside nigeria because that guy waste my time yesterday

You can do it online. Just get the email address of your bank manager involved. Sometimes u can contact the bank headoffice treasury and they can be of help

pcicero:
Etsu Nupes have always been Chancellors of OAU. Tony Fash and others had a raw deal from Ndayako (Fmr Etsu Nupe and Emir of Bida).
In any case, i guess the old man just had to do the biddings of the dark-goggled general.

I also remember that

[quote author=Iolo post=33123729]I'm interested in Treasury Bill stuff. Hw do I go about it?

Do u hv Panasonic 1HP and 2HP. What's d price. Need asap

Hi there I need advice. The hall in question is said to need 6no 1HP A/C. So I m asking can one buy 3 2HP or 2 2HP n 2 1HP or 2 1.5HP n 3 1 HP or any such combination and still get same output. Kindly advice on suitability or otherwise. Thanks

7S147 of the Constitution makes it mandatory for every state to be represent in the Federal Executive Council. So with 36 states there cannot be less than 36 ministers in Nigeria except that section is amended.

S147 of the Constitution makes it mandatory for every state to be represent in the Federal Executive Council. So with 36 states there cannot be less than 36 ministers in Nigeria except that section is amended.

For what purpose

I don't want to believe that the Oba of Lagos said those words. If it were true though, it is unbecoming of the Oba. When did he become a card carrying member of the APC? Is he saying that no Yoruba person voted for PDP?. He should be neutral. All power belongs to GOD.

Let people vote without fear or intimidation.
It is well by GOD's special grace. AMEN

To my dear outgoing President, I congratulate you for congratulating the one who defeated you in the elections. You have shown that you are man of peace contrary to what many want us to believe. Thanks and GOD bless.

Voted some 30 minutes ago. Voting still on in my polling booth. To say the least, in my area this is INEC's worst outing. We had to be manually accredited as the card reader could not read any card. This is unbelievable.

Card reader not used in my polling booth unit 042 Aguda/Oke Ira/Ogba ward of Ikeja LGA. Manual accreditation done at about 12noon

I'm on whatsapp08023147507 bb3344952e let's talk

alaotunde@yahoo.co.uk

U NEED MONEY - FOR WHAT PURPOSE