mrvitalis:
have been shouting it here since last year now it's obvious

If landing cost is ₦1200 which means petrol should retail for ₦1450 minimum

Solution is simply but Tinubu is too unpopular for the change required

dam the consequences and remove subsidy and tax each litre ₦200 extra

This would make petrol ₦1700 Benin, togo Cameroon, Chad, niger even Ghana all buy at that price.. They are not dead we wont die too
Yes wait
This would save us over 7 trillion per year

Increase minimum wage to ₦250 k

With 2 trillion naira you can make federal Universities free for life ( he would be remembered for that)

Artscollection:


Saving money so that those bandits in power will loot it again, the masses should enjoy it rather

Emmabyte:
Why can't we at least have one working refinerie in Nigeria,

Why is


Why


Why oooooooooo why

Why Nigeria am asking

Tayorshd87:


Yes and working refinery should have solved this problem at around 80% but the refinery cannot work because many of them including Jagaban itself has his own private refinery outside d country to refine d crude .

Dangote too said this last 2 weeks if u are current online.


The refinery is d issue but on a serious note our problem is not Abt protest but this is d issue we met ourselves 😢

Hezzyluv:
Anything that makes fuels to get to #1,200 per litre, that might lead to unannounced or unexpected protest and na that kind protest go make politicians run comot from Abuja.

I still dey ask till date, why are they frustrating Dangote's refinery?

Emmabyte:
Can a Nigerian president solve this problem or do we need a foreign president,

Do you know that the problem of this country is not rocket science just a serious person person

LibertyRep:
So subsidy is back after all.

Why the braggadocio of subsidy is gone?

Who knows if the CBN is still defending the naira.

Tayorshd87:


Do u think so?

I think we do see it from afar but when u get there u will understand better 😉 that's why many of their manifesto is not fulfilling in nature

2RightHands1Coc:
10 Litres for 12k. Can naijerians chest it.

SmartPolician:
Nigeria is in a deep economic mess!

We should develop alternative energy source like CNG to drive our vehicles so as to reduce our overdependence on PMS. After three years, stop paying a kobo on PMS subsidy, even if it sells 5k per litre.

At some point, everyone was using kerosene in this country. Today, we are using cooking gas. Now, kerosene is very expensive and nobody cares because the vast majority of us use gas.

Emmabyte:
But we can't continue like this, for how long,
NO. something need to be done ,Nigeria youths need to come together if that is not possible then they should better divide the country

mrvitalis:

My plan is simple you don't give the 2 trillion no

You invest it like Norway... Investing it into SMP500 yields minimum of 10% yearly

You get 125 million dollars yearly

You reinvestment 40% to cover inflation

That's leaves you with 75 million dollars thats 120 billion naira

Say there are 40 federal University
With average of 20,000 students paying 150k
That's 3 billion per school 40 schools is 120 billion

Next year you can invest another 2 trillion to cover the infrastructure improvements of the schools... Each school get 3 billion to improve infrastructure

In 6 years you have covered university, polytechnics and collage of educations

And is free from that responsibilities

It's smart thinking

Gboss247:

Your analysis shows that you lacked the dynamics of economics. If FG invest in Norway, it will yield more interest meaning Nigeria will earn more forex will is supposed to appreciate the naira and reduce the cost of commodities of also in naira.
So, using the current exchange rate is not accurate and the volume of naira in circulation has to reduce.

SmartPolician:
Nigeria is in a deep economic mess!

We should develop alternative energy source like CNG to drive our vehicles so as to reduce our overdependence on PMS. After three years, stop paying a kobo on PMS subsidy, even if it sells 5k per litre.

At some point, everyone was using kerosene in this country. Today, we are using cooking gas. Now, kerosene is very expensive and nobody cares because the vast majority of us use gas.

mrvitalis:

What exactly are you talking about? Did you read by article at all or u just want to type?

mrvitalis:
have been shouting it here since last year now it's obvious

If landing cost is ₦1200 which means petrol should retail for ₦1450 minimum

Solution is simply but Tinubu is too unpopular for the change required

dam the consequences and remove subsidy and tax each litre ₦200 extra

This would make petrol ₦1700 Benin, togo Cameroon, Chad, niger even Ghana all buy at that price.. They are not dead we wont die too
Yes wait
This would save us over 7 trillion per year

Increase minimum wage to ₦250 k

With 2 trillion naira you can make federal Universities free for life ( he would be remembered for that)

Gboss247:
I would advise you read your first comment again. You about Nigeria investing some dollars in Norway and the purpose of investment is to make more money. If Nigeria makes moneys dollars,it means naira appreciation translating to the volume of naira in circulation reduced. So, the amount quoted in naira will be reduced.

kennyz247:
Landing cost for petroleum wey God gave us for free brekete..
May God punish and thonder from Iraq strike all our leaders wey say we common Nigeria will not enjoy the fruit of our natural resources..

Tapout:


Those benefitting heavily from importing petroleum products back into the country are the ones making sure no refinery works in the country. And with our major ports situated in Lagos, you can't tell me Tinubu is not one of the beneficiaries.

Tapout:


Those benefitting heavily from importing petroleum products back into the country are the ones making sure no refinery works in the country. And with our major ports situated in Lagos, you can't tell me Tinubu is not one of the beneficiaries.

SmartPolician:


I don't think it's true. The initial conversion cost is expensive. Also, government hasn't done enough to enlighten people about it and its safety. The government doesn't fund the ministry of information. That's why National Orientation Agency is practically dead today.