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Nairaland Forum / Nairaland / General / Politics / Petrol Price Hike Will Worsen Inflation - Punch Editorial (7418 Views)
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Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:05am On Sep 07 |
SilasGreenback: Okay, okay, Maria dos Santos, Katarina de Munster is not as beautiful as you are. Infact you are worth a hundred thousand Katarina de Munsters... |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:05am On Sep 07 |
SilasGreenback: Okay, okay, Maria dos Santos, your figure is as the lovely Venus de Milo. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:08am On Sep 07 |
SilasGreenback: Yes, yes, Maria dos Santos, your hair is very becoming on you. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:09am On Sep 07 |
Ojuntana: And it is an industrial nation that exports manufactured goods and services Your Nigeria does not do that. Let tinubu develop an industrial economy that exports, then we can talk. Till then, keep on crying and trying to expose me, but subsidy is not sustainable. Good morning, dear Amelia. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by descarado: 11:10am On Sep 07 |
nairalanda1:Give up. They have taken you to the gutters and you have no single reasonable defence except regurgitating nonsense. The smart ones amongst you guys know when not to bother engaging on threads like this. Did you see any of them here? 1 Like |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:10am On Sep 07 |
Ojuntana: And you are obseesed with being a big woman, dear Amelia. A big woman on the internet, where everyone acknowledges that you have hair as long as Rapunzel's. Good morning. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:12am On Sep 07 |
descarado: Well, even though I lose here, it still does not change the fact that subsidy in Nigeria is not sustainable. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 11:23am On Sep 07 |
nairalanda1:so who do we blame for this? |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 11:26am On Sep 07 |
nairalanda1:you still open mouth waa again. So far fuel price is cheaper in Nigeria to Niger, Ghana, Cameroun etc, you can't stop smuggling by mere removing subsidy. Smuggling exists not not because of subsidy but due to our porous border, failed security architecture and corruption of those manned to safeguard the border. You can open ur mouth waa again |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:26am On Sep 07 |
Mandate1: Well, all I know is, allowing fuel to be sold at profit would have prevented all this. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:27am On Sep 07 |
Mandate1:Thank you, Master waa. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by paulie200: 11:27am On Sep 07 |
nairalanda1: I heard you guys are bots, how true is that? Punder on this: Ghana had a great reform and growth in recent years and they achieved this without plunging its citizens to harsh conditions and poverty. Today their economy if far better than ours atleast the much i know their currency had overtake ours. Before you argue about population difference, please still consider that the achieved this without being an oil-rich country like Nigeria. Good governance is not far fetched when given to a visionary and selfless person. This is so basic that even a dumb person can see how wicked and evil APC leadership had been |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:29am On Sep 07 |
paulie200: I heard you hug your hens every morning, no wonder the PAN is thinking of awarding you the prize of Polutry lover of the year. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:31am On Sep 07 |
SilasGreenback: OKay, okay, Maria dos Santos, your teeth are as white as pearls. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:31am On Sep 07 |
SilasGreenback: Okay, okay Maria dos Santos, your lips are as red as rubies. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:32am On Sep 07 |
SilasGreenback: OKay, okay, Maria dos Santos, you are far more lovelier than Lady Hera. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 11:32am On Sep 07 |
nairalanda1:Did the US become an industrial economy by removing subsidies? At least you claim to be an intellectual. Tell us how US became an industrialized economy and we'll whisper it to Tinubu Nigeria was industrialized in the 70s and 80s. What killed our industries? Was it corruption or subsidy? |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:32am On Sep 07 |
SilasGreenback: OKay, okay Maria dos Santos, you look like Wonder Woman |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:33am On Sep 07 |
SilasGreenback: Okay, okay Maria dos Santos, your dress was the loveliest and most becoming on you last night. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:34am On Sep 07 |
SilasGreenback: Okay, okay, Maria dos Santos, your hair is more precious than 1 million kilogrammes of gold, and seven million tonnes of platinum |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 11:34am On Sep 07 |
nairalanda1:was fuel sold at a lost before? You really do not understand what this subsidy is and how nations should be governed. Govt exists primarily to do for the people what the people cannot do for themselves. Otherwise, there's no need surrendering my individual anarchy to the state. This is simply social contract. Every society, irrespective of how rich or poor they are must subsidize one particular commodity that will make life meaningful for the populace. This can be food, health care, transportation or several facets of life. Even societies like western economies that claim to imbibe the tenets if capitalism still subsidize one thing or the other. What you produce locally will be cheaper, and what you import might be more exorbitant, hence the need for subsidy. Nigeria's subsidy is an act of wickedness from the part of our leaders. How on earth do we explain that Nigeria an oil producing state doesn't have a functional refinery? The subsidy you see is the cost of refining this crude in another country and bringing down to Nigeria. So whr is the subsidy coming from again now dat we can produce locally Tru dangote? |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:35am On Sep 07 |
SilasGreenback: Being angry won't change the fact that subsidy has to go. Toodles. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:42am On Sep 07 |
Mandate1: It always has been, that's why NNPC is owing sellers lots of money now.
So, by extension, government should set prices for your business....and you lose money, so that they can help the poor. O ma se o.
We tried subsidisng food, and it led to long queues, and scarcity. Back under Buhari army We subsidsie health, and that's why we have shitty hospitals, because they cannot earn enough to run very well. Also, why many people run abroad for care We subsidise education, that is why our unis looks backward and our hostels are shitholes. And subsides are paid for out of taxes....which in Nigeria are very low . What you produce locally will be cheaper, and what you import might be more exorbitant, hence the need for subsidy. Problem is, that mentaily is why NNPC Is owing 6 billion dollars now, and why we have poor investment in domestic refining, apart from Dangote. Nigeria's subsidy is an act of wickedness from the part of our leaders. How on earth do we explain that Nigeria an oil producing state doesn't have a functional refinery Because when we had refineries, the government sold fuel, diesel, and kero at a loss from them, and skipped TAM to keep subsidy costs low. And massively subsidised their transport. Result...refineries could not make a profit to run themselves , and they broke down Plus our revenue from oil cannot pay for subsides...unless we were producing at least ten times what we produce now, and oil remained above 130 per barrel.
Simple...the other parts of your budget....which brings about a deficit, which is filled in by loans. We have been doing that for decades, which is why we have problems with debt, among other things. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 11:43am On Sep 07 |
Ojuntana: Good morning, lovely Amelia. You look beautiful in the black dress today, and your blonde hair is shining well, and your makeup is on point. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:08pm On Sep 07 |
Ojuntana: Nigeria was not industrailized. Never has been. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:09pm On Sep 07 |
Ojuntana: Oh Lord, won't you buy me a Mercedes Benz? My friends all drive Porsches, I must make amends Worked hard all my lifetime, no help from my friends So, oh Lord, won't you buy me a Mercedes Benz? |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 12:16pm On Sep 07 |
nairalanda1:Yeah And there has never been subsidy Never has been You can keep lying to yourself My job is to make sure you don't get away with your lies |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 12:17pm On Sep 07 |
nairalanda1:You ke Las Las na trek you go trek |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:21pm On Sep 07 |
Ojuntana: I do love walking, dear peanut. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 12:22pm On Sep 07 |
nairalanda1:Good You're properly equipped for what's coming |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:24pm On Sep 07 |
Ojuntana: And since you work for APC, you won't have any problems Lord and Lady tinubu will send 50 LITERS of fuel to you every morning. |
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:31pm On Sep 07 |
SilasGreenback: Stay humble my friend. For you won't be here one day. And although you think you might have left a legacy, In due time it too will fade with you. You want to be remembered as someone who Was kind. Loving. Respectful. Helpful. Friendly. And above all humble. So take the compliments nicely. Try to always be kind. And try to be forgiving. Although I know it can sometimes be hard. Help others. Stand up for one another. Because those are the true legacies that impact lives. Not just some material thing that will fade faster than you think. |
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