cckris:

FREE ENTERPRISE system isn't entirely ideological. Is it?
Buhari just AMBUSHED the Nigerian Economy by removing fuel subsidy at the wrong time, when Forex rate is ESCALATING, & PRICES are rising from day to day.

On Revenue Allocations, history can help, because Nigeria & Nigerians were PROGRESSING better without it. This isn't the topic to show that Governors run wild because nobody can challenge their Spending, because the monies are not DERIVED from the voters. Looting continua.

AtlanticBreeze:

some of you amaze me the way you reason. Are our senators now the bigoted Buhari and Fashola that are punishing igbos for not voting their useless government? Atleast those from the south east that supported this useless government can now see clearly.. Let Buhari do his worst. No regret for not voting the dullard

jcross19:
Kai baba!!!!!!!!!!!!. It took our president 4months to have his cabinets in place,10months to sign a budget then how long do yo think he will take him to deliver a single project? But only take him some minutes to jet out the country.


Buhari is whipping our economy with his archaic approach . Just hope this economy won't die finally.
Too much of burukutu is dangerous to your health mr bubu.







Even nairaland is feeling the change .

omenka:
Who cares if you (one person), out of nearly 200million people, don't accept it?? You can remain stuck in the past with garri, tomato, bread and pure water prices while the rest of us leap into the future.

You won't be missed.

jaybee3:

So the cost of production doesn't determine market price right?

So the policies formalised to help stimulate the agric sector won't help the cost of production?

If they fix the rail transport system and increase tomato paste production, it still won't help?

Some of you are just impossible

fiizznation:
Nobody is controlling any price my friend. If you don't know that drop in the price of oil in the international market is the major reason why every commodity's price skyrocketed then you must obviously be living in one saturated planet. Nigeria is a what my friend? Well Nigeria is a mono economy and also an importing nation, we virtually import everything from pencil to cars. We have relied on oil for so long without diversity our economy and that's why everybody is feeling the heat when the price of oil crashed. And this unfortunate event is not only synonymous to Nigeria but also to every oil exporting country like Angola, Saudi Arabia, Qatar, Russia, etc.

We should even be more grateful to God that our own recessive situation came with a handkerchief to wipe our tears at the end of the day. Venezuela will be praying vehemently to God to put them in our situation now so as Angola, Qatar etc.

Quakertellicus1:


When it comes to removal of fuel subsidy...there is no right time. And as far as the capitalist system is concerned....removing fuel subsidy does not depend on situation......all we are here for is to make money.


There is no ''right time'' for removal of fuel subsidy. Even GEJ's time was not right (we were still importing most of the fuel we consumed.....and no new refineries. That did not make the intended decision wrong).

Chimighty007:



My dear sometimes some of us approach issues with so much sentiments, emotions and selfishness; to be honest with u, the govt is confused, nobody advices PMB cos all of them are scared and are loyalists. Right now he's just after doing what he feels will sound good in the ears of the learned and has left effect on the high and mighty. What we are all saying is don't just give or impose on us, ur good intentions but do it with timing and season cos both controls everything all the sun. In Nigeria, I can confidently say that two things mostly affects the price of goods, namely; transportation - determined by fuel price, which also affect power required for production though the effect is minimal and the second factor is foreign exchange reason been that we import most of our products.

To me, I think the govt should have stabilised the availability of fuel even if its at 100 or 120/L, then with all the money we've recovered from loot and ghost workers supposed earnings, tackle the key factors one after the other but our govt approch everything at once and by the end of their tenure they accomplish none, if not by now, one or two years in a tenure could have settled health care issue, another transportation, another education, power etc with all the tenures that have come and gone none accomplished or curbed one of the nations problem instead they keep handing it over. God help us!

hungryboy:
Which economy wan pick up?,

na the garri were be 3 cup 100naira now,
abi the fuel were be 145naira,
Abi na the dollars were dey near 400naira?

Alanzazani:


I don't quote people. I usually just comment the way I feel might not be right totally but that is why there is what we call individual differences. I can recall your picture of 14 Feb with your woman and judging from your looks you must be in your 30's. You go about nairaland attacking peoples opinions and personalities it doesn't tell well of someone born in the 80s. I think we should apply decorum and set an example for our younger ones on nairaland. People must not agree with you always. That's why it is a democracy and there is freedom of speech. Just say how you feel and move ahead. You really sou d bitter atimes

Chimighty007:




In Nigeria,

I can confidently say that two things mostly affects the price of goods, namely; transportation - determined by fuel price, which also affect power required for production though the effect is minimal and

the second factor is foreign exchange reason been that we import most of our products.

fiizznation:
I hope and pray every Nigerian irrespective of his/her tribe, religion, social status and political affiliation will feel the positive impact of this budget in his/her life. Ameen

May God strengthen us and help us through every difficult situation that we may find ourselves

fiizznation:
A confused government won't introduce TSA, A confused government won't make its budget a zero budgeted one, A confused government won't deregulate its oil sector, A confused government won't be able to make China to pump $6billion into its economy, A confused government won't be able to bail out state governments, A confused government won't be able to reach 5000 megawatts of power generation in some few months{though some internal factor and sabotage has made our power generation dropped below 5000}, A confused government won't have be able technically defeat boko haram, etc. I didnt vote for buhari nor jonathan, but trust me, i believe this government is getting its priority right my friend.

kevinscore:
Which capital project is sited in the S east?our senators are bunch of f**ls

cckris:

All on pages of NEWSPAPERS, 12 months in office. Nonsense.

hausameat:
Na your fault? When you are enjoying the propaganda. If you are one person will is facing the severity of the hardship caused by the incompetence of Buhari and apc, am sure this over happiness will not cause you to open that your Fulani mouth to offer that rubbish prayer.

fiizznation:
Yeah there is hardship in the land. But we just have to be hopeful that things will get better for good and you will finally be able to buy that one thing you want I.e toy gun

AtlanticBreeze:

some of you amaze me the way you reason. Are our senators now the bigoted Buhari and Fashola that are punishing igbos for not voting their useless government? Atleast those from the south east that supported this useless government can now see clearly.. Let Buhari do his worst. No regret for not voting the dullard

cckris:

The proudly 5% is CONSISTENTLY DEMANDING a well-structured Economic ground for all Nigerians to thrive, at their own pace. Other regions INSIST on Govt-controlled, actually SOCIALIST, development even in arid unEconomic places.
Eastern Leaders have never been known to be asking for these unEconomic handouts that usually fizzle when the sponsor Govt is no longer in office. Please don't join the shallow brains to argue irrationally.