Egypt generates 59,000 megawatts of electricity and has produced an energy surplus equivalent to 27,000 .

Egypt has functional refineries. They are self sufficient.

Most of the refineries and power plants are owned by their government.

Egypt is still paying fuel subsidy.

But here in Nigeria, those who love the title 'his excellency' tell us that government can't run a business. They use this statement as a cover-up for their ineptitude.


Nigeria failed to fix the power sector and decides to unplug the oxygen running the economy which is petrol.
Most homes and businesses are powered by petrol in Nigeria because 5,000 megawatts can't be enough for over a hundred million Nigeria.

If Nigeria was self sufficient in electricity, the subsidy budget won't be much. Because businesses and homes won't depend on petrol generators.

Do we have any plan at all achieve 25,000 megawatts in four years?

Whats the population of Egypt?

Dialpad:
Whats the population of Egypt?

If population is a problem then why not split…….into …… pre colonial……. You figure out the rest MR MAN

There's no successful nation that doesn't subsidise for her citizens...

Be it healthcare, mortgage , energy etc

Only in Nigeria will subsidy be removed and a whole 500b will be earmarked for sharing..

8k to ghost 12m families in 6months.. what a policy..

Rich will continue to grow while the poor die in penury...
Renewed suffering

Egypt is a Nation.
Nigeria is not a Nation but a geographical contraption of disunited ethnic nationalities.

Obi went there before polls to study why their system works if I remember correctly.

Dialpad:
Whats the population of Egypt?

The USA subsidises petrol. Their population is over 350 million. That's almost double that of Nigeria.

Did you just compare USA to Nigeria.... stop that

emorse:

The USA subsidises petrol. Their population is over 350 million. That's almost double that of Nigeria.

Dialpad:
Did you just compare USA to Nigeria.... stop that

Oh so we're only doing convenient comparison? Sorry about that.

Dialpad:
Whats the population of Egypt?

Typical question as usual. Doesn't address the quality of Nigerian leaders.
You should be asking the IQ of Nigerian leaders.

CodeTemplar:
Obi went there before polls to study why their system works if I remember correctly.

Egypt is in a league of its own ooo

Na where Nigeria suppose go learn bhet na make we dey fight upandan

Dialpad:
Whats the population of Egypt?

About 110 million.

El sisi has really try in Egypt. He built new apartment and relocated people living in ghettos to the new apartment. In Egypt, the price of food have not shoot up like that of Nigeria under the APC.

Dialpad:
Whats the population of Egypt?

What is the relevance of this question to the subject of discuss

Trying to be smart ... but you are not in anyway

Bobloco:

What is the relevance of this question to the subject of discuss

Dialpad:
Trying to be smart ... but you are not in anyway

You are actually the dumbest thing to ever make a comment on Nairaland

How dare you call your dad an idi-ot ? You sure you ok ?

Bobloco:


You are actually the dumbest thing to ever make a comment on Nairaland

jmoore:
Egypt generates 59,000 megawatts of electricity and has produced an energy surplus equivalent to 27,000 .

Egypt has functional refineries. They are self sufficient.

Most of the refineries and power plants are owned by their government.

Egypt is still paying fuel subsidy.

But here in Nigeria, those who love the title 'his excellency' tell us that government can't run a business. They use this statement as a cover-up for their ineptitude.


Nigeria failed to fix the power sector and decides to unplug the oxygen running the economy which is petrol.
Most homes and businesses are powered by petrol in Nigeria because 5,000 megawatts can't be enough for over a hundred million Nigeria.

If Nigeria was self sufficient in electricity, the subsidy budget won't be much. Because businesses and homes won't depend on petrol generators.

Do we have any plan at all achieve 25,000 megawatts in four years?

Egypt is a largely socialist economy... Do you want us to practice socialism? Do you?

We are a capitalist economy ran by socialists who have no idea of what to do

Removing subsidy is something we have to do.. But the issue is tinubu and his team have zero idea what to do

Building refinery here , refining here won't make petrol cheaper in fact it might make it more expensive

We need to produce things we import that we can produce

Produce things we can export at a competitive price

Solution like obi is is investment in SMEs

What makes the situation is the president and his team not talking

If obi was president he for done do 50 interviews... Telling us the real situation and plans

Dialpad:
How dare you call your dad an idi-ot ? You sure you ok ?

My Dad can't be this unreasonable, honestly

Dialpad:
Whats the population of Egypt?

Just 100 people.

But if its to compare fuel price and university school fees you won't ask this useless question.

jmoore:




Egypt is still paying fuel subsidy.

Whopping mind-boggling $162 billion is the foreign debt of Egypt
That's the foreign debt of Egypt o!

I am sure you don't know yet shouting Egypt upandan. Smh

Watch how their debt ballooned with about
$10 billion just within a year they restored subsidies and raised VAT to 14% because their public finance was in red and were borrowing to pay subsidies they brought back after attempt to reduce it in 2019. Egypt can have all the economists isonu here on Nairaland , we don't need them in Nigeria.

Anyone recommending Egypt is a quack economist or being mischievous.

We are far more populous than Egypt yet our foreign debt is just around $100billion o. After wrecking Ghana, you have stopped using Ghana as reference, it is now Egypt that is mounting debts and borrowing upandan to pay subsidies you are now on. Smh

Then go play with his balls

Bobloco:


My Dad can't be this unreasonable, honestly

Dialpad:
Then go play with his balls

Every single comment you make here keep proving that you are dumb

FreeStuffsNG:
Whopping mind-boggling $162 billion is the foreign debt of Egypt
That's the foreign debt of Egypt o!

I am sure you don't know yet shouting Egypt upandan. Smh

Watch how their debt ballooned with about
$10 billion just within a year they raised vat to 14% because their public finance was in red and were borrowing to pay subsidies they brought back after attempt to reduce it in 2019. Egypt can have all the economists isonu here on Nairaland , we don't need them in Nigeria.

Anyone recommending Egypt is a quack economist or being mischievous.

We are far more populous than Egypt yet our foreign debt is just around $100billion o. After wrecking Ghana, you have stopped using Ghana as reference, it is now Egypt that is mounting debts and borrowing upandan to pay subsidies you are now on. Smh

The Egyptian economy will soon implode from within and become like Lebanon where people can't find jobs.

Obaaderemi2:
The Egyptian economy will soon implode from within and become like Lebanon where people can't find jobs.

O ti o. They are our brothers and sisters.

Let's wish they can make the necessary decisions before things go out of control. Lebanon is a horrible example of how subsidies wreck nations too. All the citizens of countries that borrow to fund subsidies are living a borrowed lifetime and slaves to their lenders.

Dialpad:
Whats the population of Egypt?

Stay off topics you don't understand.
It is not a must!

FreeStuffsNG:
Whopping mind-boggling $162 billion is the foreign debt of Egypt
That's the foreign debt of Egypt o!

I am sure you don't know yet shouting Egypt upandan. Smh

Watch how their debt ballooned with about
$10 billion just within a year they restored subsidies and raised VAT to 14% because their public finance was in red and were borrowing to pay subsidies they brought back after attempt to reduce it in 2019. Egypt can have all the economists isonu here on Nairaland , we don't need them in Nigeria.

Anyone recommending Egypt is a quack economist or being mischievous.

We are far more populous than Egypt yet our foreign debt is just around $100billion o. After wrecking Ghana, you have stopped using Ghana as reference, it is now Egypt that is mounting debts and borrowing upandan to pay subsidies you are now on. Smh

Dang, that 160bn scares me...and we are here with around 103bn.

Ghana is even waiting for a bailout from mother IMF.

Egypt is even removing subsides...on food, petrol, electriticity, because it is costing them too too much

Go play with your mom's clits and STFU

You are the dumb one, my post did not insult you, I only expressed my opinion.

As a talented idiot that you are, insulting those that can make your mom cum was your only option.

I am prepared for you today .... bring it on

Bobloco:


Every single comment you make here keep proving that you are dumb