₦airaland Forum

Savedday2:
Of what use is subsidy removal when we know that few individuals will still loot the money?

As far as am concerned, subsidy is the only thing the common man is benefiting from the government.

Buhari increased the price of fuel he didn't use the money to do anything instead, he borrowed more money for looting.

Make them leave our subsidy for us!

Looks like you don't understand the whole subsidy issue, there's no more anywhere to me looted. Instead the country stops borrowing to pay that. Now if they want to borrow, they can borrow for productive things that can pay back their loans. Subsidy is like borrowing money to do wedding

HacheNoire:
Damn!

Tinubu’s negotiations skills are next to none!

Dude knows the right buttons!

Ikr and he has round pegs in round holes
NLC meeting chaired by Oshiomole (ex Labour congress chair)
Oil marketers meeting anchored by Abiodun (ex chair marketer's association)

Which means his minister's list will be interesting

[quote author=chariiks post=123632826][/quote]*Have you been to Benin or Cameroun before?
*How many people have you seen patronizing their fuel stations, instead most people buy from kegs
*Guess where those kegs with fuel come from?

Bringbackmandat:
population is an access not a liability.
UK is bigger today because of their population.
China and India are strong today because of their population.

Not when a great part of the country is unproductive and western education is haram

SoloCraft306:
We thank God that the NNPCL are now coming up on headlines as compared to old term. Nigeria shall be great e no get as the matter wan be, by the special grace of God.

Now everyone looks forward to the next release by NNPCL

Fiscus105:
I don't think north central will still be agitating for position in national assembly again.

Party chairman central.

NGF central.

SGF Central

Abemy:
Giving North central SGF shows that Apkabio's senate presidency is sacrosanct.

You understand political Arithmetic wella

ufotty2001:
Appointment is now between SW and Northerners... SS and SE sorry for you learn how to form alliance.

SS is getting SP for the first time in a long time, besides SW and Northerners gave them the most votes so it's likely a reward mechanism

yemmit90:
You still reply with same statement that made me question your intelligence.

As a trader or business person, you buy goods or invest with what you have. If you don't have enough, you borrow from bank or other sources.

Let me break it down to a lay man understanding, if 10 units of your current stock is 5m, but due to the increment in price of new stock, your money is not enough to buy same 10 units, the right thing to do is to buy whatever units your money can complete or take a loan to meet up. Your inability to buy 10 units with same amount is not a lose but increment in business capital.

You don't dupe people by increasing the price of old stock to meet up with new stock, because that is not the real value of what you bought.

As a business man, I've been passing through the same process since around 2017. You will stock 100 pieces today, and the same amount spent on 100 pieces won't be enough to get 80 pieces. This dont cause a lost but increment in business capital.

If it's a situation the price of pump, reduced from 200 to let's say#50, you'll see how they'll move like snail to adjust the pump price

MT:
How was NNPC able to raise money to pay for subsidy when refineries are not working?. I will appreciate anyone to educate me on where NNPC raised the 2.8Trillion naira over 2 years without doing any operation

Likely sale of crude

Sam8891:
Imagine you sell all your products and can't buy again because the prices has gone up? Business men are not running charity business okay

You were never meant to be in the business in the first place if not innovative, So it's government that is charity after subsidizing your stock. Tomorrow they'll say country bad country bad, na citizens follow cause am

tobenuel:
Dem announce something for Abuja, buh na Lagos go first bear the heat.. Dangote na confirm monopoly him be

This is an incentive for other refineries to spring up

Iko5000:
Am I seeing right , a high rise building next to the airport

That's in the CBD, different from the airport site

Rugaria:
Everybody building a town hall in the name of airport... Went through Beijing and Hamad international and I just can't help but weep for my country under the leadership of blind groups of people.?

You want to use your networth to build only terminal building ,
The construction of the airport (Beijing) itself cost CN¥120bn (approximately US$17bn
Hanad International Airport took a decade to complete, at a cost of $16 billion.


How much is Akwa Ibom state budget?
Akwa Ibom government has proposed a budget of N697. 005(approx. $1.5billion) billion for 2023 fiscal year. So how do you want a state government to afford that fancy Beijing and Hamad airport you see

JOemmy:
This has always been the initial plan all along I just hope the underground tunnel won't be allowed to turn into a criminal hideout.

With it being tolled, very unlikely

JaredH:
what is special about this architecture ?

Can you compare it to europe or Asia or even southafrica buldings ?

It boils down to cost, for example the bird nest stadium in Beijing (since we're comparing to Asia) cost $423 million (296 billion naira). which government/private body in Nigeria will spend such amount on a single structure. You can have fancy designs in your system (laptop) as a Nigerian architect but if they're not funds to build it (Nigeria), it'll not make it to reality. Don't know if you get what I'm trying to say

JaredH:
what is special about this architecture ?

Can you compare it to europe or Asia or even southafrica buldings ?

Back to the what I said earlier, price. If the government said they want to erect a structure for a billion dollars, they'll be an outrage
How much do you think those fancy buildings in Europe you see cost.

Sunshine34:
The kind of infrastructure going on around the world, you need to ask yourself that where is the brain getting all this, as in beautiful, not this regular shape,They are big,tall and beautiful but Nigeria still dey crawl and we are celebrating mediocre.

It's money, when they were building the world class stadium in Akwa Ibom, everyone were complaining about the cost. Beautiful imposing structures don't come cheap, today it's that stadium that virtually all the clubs in Nigeria are rushing to use for continental games.

MeineMutter:
They are so myopic in thinking. No sense of innovation at all. Too archaic.

See all inferior materials used too.

Chai. We don suffer for Nigeria.

Mapo Hall in Ibadan is better than this 1million times.

It's Ikpeazu standard abeg

JaredH:
Nigerian architects self...

All una designs na the same

Better soup na money kill am, you get what you pay for, don't generalize Nigerian architects unnecessarily
Some Nigerian designs below

Goldymafia:
eye go turn am...when Niger delta dey boys they vex say warri,rivers refinery no dey work na dangote ..pipelines will go in flame soon with what am hearing...those boys dey vex

Na all these vex thing do make dem no site am for Niger Delta,

Babathanks:
No private sector would risk building a refinery in niger delta because is prone to bombing or destroying cos of levy or greediness of youth there, ondo would had been a best option but the governor that year is selfish

BUA/France is building one in Akwa Ibom state

CHIOMAEZEH:
Lol.... The guy is the happiest person on Nigeria at the moment.... There is nothing like freedom!!!!

Definitely, that's why when I see some people on nairaland saying they prefer being in jail in the US than being free in Nigeria, I'm stunned..

iammo:
Almost all ministry and agencies got a new office

EFCC

Min of Women Affiars

NDDC

AfDapone:
Man U has just be vey lucky. Based on goals scored they are supposed to on 7th position. Even if they are one game less than some teams, whatever, there goals won't count.

Man U no dey score pass 2 goals and if they want to concede goals, they do it convincingly ask Liverpool 😂

dfrost:
Stop disguising. Embrace your opinion like a man and chest it well well 🤣😆😊

You've seen today's breaking news bah, fear who no fear Nigeria

funshint:
Aisha Binani as "Minister of Power"??🤣🤣. This write-up together with the person that wrote it are rubbish

When I saw that, I knew it wasn't legit

Saga16:
Onitsha.

Oh, it was never a city and never had glory.

Savage

StrongAlphMale:
When it suits them they use America to give an example but won’t improve their services to meet standards. why can't the stupid Benjamin police compared Nigeria and USA in terms of development and sanity?

The foolish Benjamin policeman have never been to countries like SA or Benin Republic to see their police which is far better than the Nigerian touts parading as policemen, let alone US police. If na play stop am

How much is US police budget for a year when compared to Nigerian police

Cc. Lalasticlala

derecho:
Excellent but Buhari couldn't get medicare there?

Why do I have a feeling that it's because Akpabio is vying for SP that's why we are being reminded of this facility.

Not really, was a reaction to https://www.nairaland.com/7685903/bashir-el-rufais-son-mocks-falz/2

Tho Godswill Akpabio did great erecting the facility in his home state of Akwa Ibom under his dispensation as a Governor

.