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Petrol Price Hike Will Worsen Inflation - Punch Editorial - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Petrol Price Hike Will Worsen Inflation - Punch Editorial (6466 Views)

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Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 12:45pm On Sep 07
nairalanda1:


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 .





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.




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.
pls what course did you study in the university? Cos your understanding of the working of a state and how social infrastructures should be manged leaves me with much questioning. So, since 1960 till date Nigeria has not been making profit from crude oil sales, and moreso, our refineries died because of govt subsidy? Your argument is very very flawed.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 12:48pm On Sep 07
Mandate1:
pls what course did you study in the university?

IN other words, you have no response to my points.

LOL.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by frog12: 12:56pm On Sep 07
nigeria is not worth dying for. make una learn well grin grin grin
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by frog12: 12:59pm On Sep 07
they need someone better than mele kyari but the silly region politics no go make tinubu act
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by SilasGreenback: 1:01pm On Sep 07
nairalanda1:


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.

If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by SilasGreenback: 1:03pm On Sep 07
Mandate1:
pls what course did you study in the university?

He cant answer that question anymore than he can ever say what he does for a living.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 1:09pm On Sep 07
nairalanda1:


IN other words, you have no response to my points.

LOL.
I'm more concerned at how you pull out things just from anywhr without first understanding how this things work.

This is not about Tinubu now. We are going broader into discussing how a state and people should be governed. If you understand what democracy is, militocracy, socialism, communism, communalism, capitalism et al is in even the lowest forms, you won't be talking the way you do. Try understand this simple political and economic terminologies, they will help alot in your argument.

Not even American capitalisists can comfortably jettison social intervention in a society in the manner you're doing.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:27pm On Sep 07
Mandate1:
I'm more concerned at how you pull out things just from anywhr without first understanding how this things work.

This is not about Tinubu now. We are going broader into discussing how a state and people should be governed. If you understand what democracy is, militocracy, socialism, communism, communalism, capitalism et al is in even the lowest forms, you won't be talking the way you do. Try understand this simple political and economic terminologies, they will help alot in your argument.

Not even American capitalisists can comfortably jettison social intervention in a society in the manner you're doing.

Well, subsidy isn't sustainable
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:27pm On Sep 07
SilasGreenback:


If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.

You look beautiful, Miss Griselda DeVine
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:29pm On Sep 07
nairalanda1:


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.
How can I work for APC

Have you ever seen me lie to defend APC govt like you

I gat no corn in my pocket like you man grin grin
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:30pm On Sep 07
Ojuntana:

How can I work for APC

Have you ever seen me lie to defend APC govt like you

I gat no corn in my pocket like you man grin grin

You work for apc. Stop lying
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:32pm On Sep 07
SilasGreenback:


If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.

You look enchanted, Miss Griselda DeVine
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:33pm On Sep 07
SilasGreenback:


If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.

Yes my servant. Acknowledge my power and worship me..I who by the words I say can get rid of millions of rocks at night...
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:34pm On Sep 07
SilasGreenback:


If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.

Yes, Maria dos Santos, you are the personification of Astarte
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:34pm On Sep 07
SilasGreenback:


If you knew anything about the bold you would not go about supporting policies which are killing people. And which have a record of inflicting nothing but poverty and death everywhere and everytime they have been implemented anywhere.

Yes, Maria dos Santos, you look fabulously equine
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:35pm On Sep 07
nairalanda1:


You work for apc. Stop lying
Show where I ever lied to defend APC

Yours is well known

You lied to defend the ministry of sports when they were called out for their incompetence in providing a bike for an Olympics cyclist and were borrowing from Germany

You lied that the reason they couldn't provide the bike was because Nigerian sports budget is less than N20bn while the German sports budget is €22bn.

Meanwhile German sports budget is just €293m

Why did you feel such compulsion to lie?

Corn eh 🌽
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Mandate1: 1:35pm On Sep 07
nairalanda1:


Well, subsidy isn't sustainable
but building VP residence with billions, buying first lady convoy with 2bn, expending 90bn on hajj etc., is sustainable right?


Try learn and understand what govt is.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:36pm On Sep 07
Ojuntana:

Show where I ever lied to defend APC

Yours is well known

You lied to defend the ministry of sports when they were called out for their incompetence in providing a bike for an Olympics cyclist and were borrowing from Germany

You lied that the reason they couldn't provide the bike was because Nigerian sports budget is less than N20bn while the German sports budget is €22bn.

Meanwhile German sports budget is just €293m

Why did you feel such compulsion to lie?

Corn eh 🌽

You have a picture of.corn in your comment, so you work for apc

Also, you love eating corn

Apc supporter you are.

And you are married to ten succubi
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:37pm On Sep 07
Mandate1:
but building VP residence with billions, buying first lady convoy with 2bn, expending 90bn on hajj etc., is sustainable right?


Try learn and understand what govt is.

The money they spent on vp residence and convoys cannot pay for three months subsidy

Also,all that spending was wrong

Also, I believe you are married to fifteen mermaids
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:38pm On Sep 07
Ojuntana:

Show where I ever lied to defend APC

Yours is well known

You lied to defend the ministry of sports when they were called out for their incompetence in providing a bike for an Olympics cyclist and were borrowing from Germany

You lied that the reason they couldn't provide the bike was because Nigerian sports budget is less than N20bn while the German sports budget is €22bn.

Meanwhile German sports budget is just €293m

Why did you feel such compulsion to lie?

Corn eh 🌽

You are very obsessed with corn.

Apc man.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:43pm On Sep 07
nairalanda1:


You are very obsessed with corn.

Apc man.
Why do you lie to defend APC

Are you related to Pinocchio?
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:45pm On Sep 07
nairalanda1:


You have a picture of.corn in your comment, so you work for apc

Also, you love eating corn

Apc supporter you are.

And you are married to ten succubi

Bla bla bla

Blaady agbadorian

Your fuel subsidy removal is a failed policy

It failed in the 80s under SAP

It failed in the 2000s

And it has failed again

Why do you love failure
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:45pm On Sep 07
Ojuntana:

Why do you lie to defend APC

Are you related to Pinocchio?

Why is your succubus wife angry with you..did you annoy her by flirting with the mermaids again?

You are very handsome, so I don't blame you.
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:45pm On Sep 07
Ojuntana:


Bla bla bla

Blaady agbadorian

Your fuel subsidy removal is a failed policy

Subsidy hasn't gone, good sir
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:47pm On Sep 07
nairalanda1:


Subsidy hasn't gone, good sir
When it was removed, why didn't your miracle happen?
Isn't that what brought it back?
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:49pm On Sep 07
Ojuntana:

When it was removed, why didn't your miracle happen?
Isn't that what brought it back?

So you believe tinubu?

Ah,another confused fellow

I stopped believing in government aeons ago. You should too

And apologize to your succubus wife too for flirting with the mermaids
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:51pm On Sep 07
Ojuntana:


Bla bla bla

Blaady agbadorian

Your fuel subsidy removal is a failed policy

It failed in the 80s under SAP

It failed in the 2000s

And it has failed again

Why do you love failure


He's throwing a tantrum again grin
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 1:55pm On Sep 07
Ojuntana:

When it was removed, why didn't your miracle happen?
Isn't that what brought it back?

You really don't understand, do you.?
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 1:59pm On Sep 07
nairalanda1:


So you believe tinubu?

Ah,another confused fellow

I stopped believing in government aeons ago. You should too

And apologize to your succubus wife too for flirting with the mermaids
Yeah. Yet you lie on behalf of govt

So if you don't believe govt, how do you believe same government is paying subsidy?
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by Ojuntana: 2:00pm On Sep 07
nairalanda1:


You really don't understand, do you.?
I don't understand lies
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 2:00pm On Sep 07
Ojuntana:

Yeah. Yet you lie on behalf of govt

So if you don't believe govt, how do you believe same government is paying subsidy?

You look lovely, Miss Shelton
Re: Petrol Price Hike Will Worsen Inflation - Punch Editorial by nairalanda1(m): 2:01pm On Sep 07
Ojuntana:

I don't understand lies

But you do understand mermaids, you naughty boy.

But as I said, I don't blame them,you are very handsome

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