dunkem21:


..So modath also said.

..But has Nigeria been better by at least 3 times under Buhari or worse?

989900:

Reading and comprehension is not exactly rocket science.
Read again.

989900:

Reading and comprehension is not exactly rocket science.
Read again.

yaki84:

[s]writing n understanding r two diff things.
I guess in this context, it is rocket science.[/s]

Sapiosexuality:
Lololol. Read this article. You belong to Category 7.

http://www.mortalpoet.com/7-categories-of-nigerians-still-in-support-of-buharis-failure/

Bossontop:
Jonathan iz somewhere sitting jejely and smiling

989900:


1. I don't do petty.

2. I don't do subjective.

3. The article is not about me.
I am amazed why and how 'you and gang' think 'me' is of more importance than the subject-matter ( which makes me think y'all lack proper understanding of the subject-matter).

Sapiosexuality:
[s]Lololol. That's what category 7 people say. They try to sound intelligent. Lololol[/s].

989900:
7

989900:


My life has been at least 3 times better under Buhari, I can't say for others (I wish everyone the best though, going forward) -- it made me stronger, dig deeper for opportunities, and I came out stronger -- my businesses too.

I pay more people either as full staff or commission workers ( about 40 now, from less than 10 some 2-3 years back).

I spend more time in the country now than overseas -- things are looking brighter. The hardship of running my businesses from overseas and the fear of it collapsing under the mess created by Jonathan and further deepened in 2015/2016 by Buhari made me leave my comfort zone -- it was a risk, but it worked for me.

Would I, and some others have even made far more progress with more brilliant minds running the economy of this country? Absolutely yes!

And of course I do feel for those whose stories are different, hence the collective call for accountability and capable economic administration.

Find something doing, if you're doing something constructive right now, add extra stuffs doing to that. #workharder

My 2 cents.

dunkem21:
People like the OP who campaigned for Buhari and insulted us for crying out on time should hang their heads in shame.

We warned you!

989900:
We are selling more crude than Jonathan right now at higher prices ($65+) than Jonathan did towards the tail end of his administration($50 thereabout), yet the exchange rate is more than twice.

Of course products are landing now at N180/litre (so you subsidize or 'under recover' . . . 'yada yada yada'), 'cause the rates are at N360 to a dollar, at N180 to a dollar PMS will be at lower than N90/litre.

We have ultimately put ourselves in an economic catch 22, while economies of other oil countries are looking up and exchange rates improving, ours is doing the opposite simply because higher crude prices causes pains to our Naira via excess liquidity (courtesy of our economically faulty allocation disbursement implementation).

And most importantly, via the greed and cluelessness of past and present administrators (politicians and civil servants) of this country who's fault it is our refineries won't work at even a third of their capacity, hence, our need to always use the same hard earned Forex to source for refined petroleum products!

Imagine doing that if crude pushes north of $90/$100 per barrel with a confused economic administration seeing N360/$ as an achievement, same team that believes foreign reserves figures that doesn't translate to reduced inflation on the streets mean anything to an average Joe -- then, we will buy fuel at N250/litre!

maclatunji:


Mr. Analyst, the Dangote refinery is coming on-stream latest next year, Godwilling with capacity to meet Nigeria's local demand.

We are not having the best situation but it is something we are ultimately getting out of soon. Find new things to whine about.

maclatunji:


[s]Mr. Analyst, the Dangote refinery is coming on-stream latest next year, Godwilling with capacity to meet Nigeria's local demand.

We are not having the best situation but it is something we are ultimately getting out of soon. Find new things to whine about[/s].

seunmsg:


I raised this very important issue of the high Naira to dollar exchange rate some weeks ago when a thread about our foreign reserve hitting $40billion made it to the front page. It is good to build up foreign reserve but it is not enough. Prices of basic commodities that sustain the masses went up astronomically since 2016 and they are still not down. The masses don't care about GDP or foreign reserve figures. What matters to them are the prices of commodities like petrol and basic foodstuffs. If CBN refuse to crash the exchange rate to around N250, prices of basic commodities will still remain very high and an increase in petroleum pump price will be inevitable if the price of crude oil continue to go up. And trust me, this government will not get away scot free with another petroleum price increase.

We now have more dollars in our foreign reserve and the price of crude oil is really looking up. CBN should use what we have to crash the exchange rate now before it is too late. That to me is the only viable option in the short term.

The government should also immediately privatise those moribund refineries now. They will never work if they remain under the control of government.

989900:


The comprehension capabilities/objectivity of some of you guys on NL is just amazing, to say the least.

I've written a few about Dangote's refinery and a few others more coming up (how that will be our game changer . . . I've also written about its cons as well, and those are in the air till we see how we navigate those), but I wonder how in your brilliant mind that justifies government's incompetence and cluelessness in handling basic monetary and fiscal policies?

maclatunji:


[s]If your analysis has not shown you how it will help address the problem, you cannot be helped[/s].

EarthXmetahuman:
and this one thinks dangote's refinery all suddenly make the problem go away.

989900:


Thank you my brother.

Are you minding the subjective minded minions, they claim some people are 'zombies', while they are the 'real-one-track-minded-ninnies' who can't reason beyond their emotions.

They always think every opinion or article's end game is to crucify/exonerate one party/individual or the other. They can't even think through about how policies benefit them financially or socially.

Their bereftness of factors affecting issues won't make them keep quiet, but only help their cranium redirect to same ol' crap/craft of prettiness.

[B] I wonder if Dangote buys crude from Nigeria in dollars, if he won't have to sell refined products at profitable prices, or maybe he would subsidize the cost for Nigeria or fill up our tanks for free.
And if our monetary/fiscal policies are not set right, and the Naira is sh!tty, won't that affect pump prices regardless?[/b]

Fuel is a dollar dominated commodity, and the value you pay for it will always be affected by the value of your local currency.

Atimes folks on here just make you feel you're having convos with toddlers or semi-literates.

EarthXmetahuman:
Bleep off with your I told you so..

We voted against gej- no regret.
Same way we will vote buhari out if better candidate presents him/herself.

dunkem21:


..So modath also said.

..But has Nigeria been better by at least 3 times under Buhari or worse?

papoudaupolos:
The

dunkem21:


Sharaap Dia.. Who told you you can vote out Buhari..

Zombie

maclatunji:


Mr. Analyst, the Dangote refinery is coming on-stream latest next year, Godwilling with capacity to meet Nigeria's local demand.

We are not having the best situation but it is something we are ultimately getting out of soon. Find new things to whine about.

americanson:
is it a shame that you had wait to Dangote to rescue you? Rubiish

maclatunji:


Tell this to the previous administrations that have managed to ensure our refineries don't work.

americanson:
dolt, stop the blame game. Do most of you dumb forks know your children will repeatedly inherit your retarded action? I care less about Any politician. Only fools and idiots take sides with all these bastards. Yusuf is receiving First Class medical treatments in Germany, something you and your unborn kids may never enjoy till you rot in your grave and you are here in supporters club of Buhari. Fork you all.

Realdeals:
I'm sure there will be a way out, FG might create a special window for fuel importers to access FX at a lower rate than the N360/$, maybe N280/N250. This step will obviously create a rumble but it's achievable if they wanted.
The damage an increase in fuel price and the expected salary increase will caused on the economy & ordinary Nigerians should better not be imagined.

dunkem21:
People like the OP who campaigned for Buhari and insulted us for crying out on time should hang their heads in shame.

We warned you!

989900:


Thank you my brother.

Are you minding the subjective minded minions, they claim some people are 'zombies', while they are the 'real-one-track-minded-ninnies' who can't reason beyond their emotions.

They always think every opinion or article's end game is to crucify/exonerate one party/individual or the other. They can't even think through about how policies benefit them financially or socially.

Their bereftness of factors affecting issues won't make them keep quiet, but only help their cranium redirect to same ol' crap/craft of pettiness.

I wonder if Dangote buys crude from Nigeria in dollars, if he won't have to sell refined products at profitable prices, or maybe he would subsidize the cost for Nigeria or fill up our tanks for free.
And if our monetary/fiscal policies are not set right, and the Naira is sh!tty, won't that affect pump prices regardless?

Fuel is a dollar denominated commodity, and the value you pay for it will always be affected by the value of your local currency.

Atimes folks on here just make you feel you're having convos with toddlers or semi-literates.

EarthXmetahuman:
[s][/s]same person that told me I can vote out Jonathan..

Dumdum