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Nairaland Forum / Nairaland / General / Politics / Nigerians Have Been Charmed By Buhari...pics (3342 Views)
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Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 10:46pm On Apr 09, 2017 |
deji68: You need to use your head and think before you type - when something is subsidised, it is invariably made cheaper because part of the cost is being offset by the subsidizer - in that case govt under GEJ; if you remove the subsidy, as done by the present administration, it becomes more expensive because the consumer begins to bear the full cost. |
Re: Nigerians Have Been Charmed By Buhari...pics by ZombiePUNISHER: 10:51pm On Apr 09, 2017 |
ItsMeAboki:Abokki Abeg anytime u want to deceive people, always look west and not on a public forum 3 Likes |
Re: Nigerians Have Been Charmed By Buhari...pics by deji68: 10:59pm On Apr 09, 2017 |
That basically what i am saying , ...under GEJ oil subsidy was removed and the price was 145Naira before the protests and the price of oil was around 90 dollars /Barrel . Now 50 dollar per barrel without same subsidy and the price is 145 naira.... u should Use our head Oil slump: Bring down fuel price immediately, Fashola tells FG Read more at: http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/ ItsMeAboki: 3 Likes |
Re: Nigerians Have Been Charmed By Buhari...pics by deji68: 11:03pm On Apr 09, 2017 |
Fashola said, “Now we should be enjoying cheap fuel if the price of oil has dropped globally. Even as we import the product, a major component has reduced in price and while this has reduced, the pump price of fuel in the country still remains the same.......Fashola http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/ Read more at: http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/ 2 Likes |
Re: Nigerians Have Been Charmed By Buhari...pics by BlowBack: 11:07pm On Apr 09, 2017 |
mightyhazell: I swear! A wise man once told me to forget about the poor that they deserve their impoverished state. Every poor man is his own worst enemy as every useless turning point in his life was embarked upon by their own foolishness. A poor man is not one whose account is red but one whose head is bereft of ideas 1 Like |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 11:41pm On Apr 09, 2017 |
deji68: Kai kai; stop displaying your ignorance pls. I repeat, at least two reasons:no subsidy therefore pump price increases; 2ndly, less forex earnings therefore the country has less money to pay for its imported fuel and others imported goods; hence government hikes pump prices to conserve earnings for other projects. Under GEJ, the govt was earning over twice as much to afford to cover the cost of subsidy and maintain lower pump price - big difference. |
Re: Nigerians Have Been Charmed By Buhari...pics by BlowBack: 11:43pm On Apr 09, 2017 |
ItsMeAboki: There is still subsidy ode 1 Like |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 11:44pm On Apr 09, 2017 |
ZombiePUNISHER: What would you expect from another shop boy with access to the internet - if not nonsense, just nonsense. |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 11:49pm On Apr 09, 2017 |
BlowBack: Subsidy to what extent comparatively? - just trying to be clever by half. |
Re: Nigerians Have Been Charmed By Buhari...pics by BlowBack: 11:53pm On Apr 09, 2017 |
ItsMeAboki: As long as the govt still offsets importers then there is subsidy |
Re: Nigerians Have Been Charmed By Buhari...pics by deji68: 11:56pm On Apr 09, 2017 |
Well this post exposed your ignorance....under GEJ high Crude price mean u pay for more for Petrol beacause it the crude oil is the major component of Peterol ....so under GEJ it was better to remove Subsidy than now because the subsidy cost was too high, GEJ Gov could have saved trillions back then..... u dont really understand what u are saying ItsMeAboki: |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 12:13am On Apr 10, 2017 |
deji68: You keep displaying stupidity in both the manner you argue (going round and round in circles like a headless chicken) and in the content of your argument. Let me simplify it for you:GEJ's govt was earning a lot more and could therefore afford to pay for subsidies resulting in lower petrol pump price; while the Buhari govt is earning a lot less and therefore cannot afford to keep subsidy hence higher pump price. GEJ: high earnings +subsidy = low pump price PMB: low earnings - subsidy = high pump price Hope you finally get it. |
Re: Nigerians Have Been Charmed By Buhari...pics by deji68: 7:05am On Apr 10, 2017 |
Didnt know u are this stupid....Let me Use " Akara" analogy .... Price of Bean is high= high akara Price so u will need more Money to subsidize akara Low price of beans = Low price of akara so Will need Less money to subsidize akara.... Capici ? ItsMeAboki: |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 8:27am On Apr 10, 2017 |
deji68: You are quite incorrigible, recall your grouse was that because the price of crude oil is down currently under Buhari therefore fuel pump price should correspondingly also go down as opposed to Jonathan's era when prices were high; I was therefore obliged to give you reasons (subsidy removal and reduced forex earnings) as to why the pump price cannot go all that low. Then out of the blue, you suddenly went off on another tangent arguing about something else - though related. It is increasingly apparent that your case is akin to the saying 'you can take a cow to the water but you cannot to force it to drink' - if your still cannot comprehend the issues at hand, then I have to give up and leave you in your self imposed disillusionment. Thank you. |
Re: Nigerians Have Been Charmed By Buhari...pics by ItsMeAboki(m): 8:42am On Apr 10, 2017 |
BlowBack: Answer the question - to what extent is subsidy comparatively still in place (that it can significantly impact to the issue at and)? |
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