Generalbubu

Surah Al-Ahzab, Verse 21:Surah Al-Ahzab,

Indeed in the Messenger of Allah (Muhammad SAW) you have a good example to follow for him who hopes in meeting Allah

[Generalbubu @uniformitarians]

@channelstv This is like energy security expenses too

[The Saviour @TheSaviour]

No way Israel really used that famous Indian meme guy for their false flag 😭

[Generalbubu @uniformitarians]

@Realoilsheikh May Allah continue to grant baba Rahama and respite in his grave.

[Generalbubu @uniformitarians]

@SamuelOmogor @ChibuikeAmaechi The guy is an overrated area dog

[Tes Tes @da_tesleem]

We do not baffle on clear rulings. We hear and we obey, cos we are muslims.

[Generalbubu @uniformitarians]

@TheShehus Maulid is prohibited. Let me ask you ...is there a crime if i insult maulid as a useless thing

[Generalbubu @uniformitarians]

@TheShehus Ibn Rajab Al hanbali Ibn kathir, etc . Anything the prophet and his sahabas no do as in ibada is completely rejected, as either makro or haram in case of maulid na haram if the excess too much.

[Generalbubu @uniformitarians]

@TheShehus Mawlid is innovation and every newly invented matter in the religion is leading astray and will lead to hellfire so yes idi malu or maulid is haram

[Generalbubu @uniformitarians]

@TheShehus Yes and thats why the saudi didn't say the anniversary is halal if you dont do it no sin upon u but maulid is clear cut haram and haram forever ...

[Generalbubu @uniformitarians]

@Nairametrics Most money lundrers buy cars or import cars most civil servants cannot buy to hide dirty money

[Generalbubu @uniformitarians]

@Nairametrics Definitely the importation of campaign vehicles.

[Generalbubu @uniformitarians]

@yabaleftonline She caused serious damage to a brand . A brand that i will do trasnfer of 1m and they will charge me only 10 naira. This girl should be persecuted oh..@OPay_NG

[Generalbubu @uniformitarians]

@Uncle_Dips Make them wait make rainy season finish

[Generalbubu @uniformitarians]

@BashirAhmaad Opay must ensure that she goes to jail if not i will withdraw my transactions with them

[Generalbubu @uniformitarians]

@TYBabatunde @nooraiinXtwts @LegendaryJoe Even from the spelling there is difference and you still dey ask what is the difference?

[Mukhtar Ibrahim Shelby @IMUKHTY]

People Will Use Further Maths, Graphic Design,Etc To Illustrate The Disadvantage Of Returning Fuel Subsidy But The Real Question Is Has Our Lives Improved Since The Removal Of Fuel Subsidies ?

[𝐃𝐫 𝐀𝐛𝐮𝐛𝐚𝐤𝐚𝐫 𝐇𝐢𝐝𝐢𝐦𝐚 @Realoilsheikh]

Malam Habu, I am interested in this discussion, as a student of energy economics & policy management. It is a topic that I believe should be debated.

I actually support @atiku 's argument for the reintroduction of a fuel subsidy; but I do not mean the old, opaque subsidy regime, that is open to abise & corruption.

That your "𝑮𝒐𝒗𝒆𝒓𝒏𝒐𝒓𝒔 𝒘𝒐𝒖𝒍𝒅 𝒂𝒈𝒓𝒆𝒆 𝒌𝒆𝒉", caught my attention because I have always argued that they, & the FG are the biggest beneficiaries of all these jumbos & not the common man. For me, Dr. Hidima, a targeted, capped, transparent subsidy that reduces the price of petrol to, for instance, ₦400–₦500 per litre for Nigerians, while the govt covers only the verified differential is POSSIBLE!

As per your maths:

A market price of say, ₦1,300 means the govt absorbs ₦900 per litre:

50 million litres per day × ₦900 = ₦45 billion per day

This translates to:

₦1.35 trillion per month
₦16.4 trillion per year!

At first glance, this appears unsustainable.

However, this is where the discussion should be interesting.

Taiwo Oyedele has noted that the government mobilised approximately ₦15.8 trillion for the Federation over 31 months following the subsidy removal and FX reforms.

This averages about ₦510 billion per month. Thus, a ₦16 trillion annual subsidy would indeed be substantial. For me, no one should suggest that govt should issue an uncapped ₦16 trillion expenditure.

The question, for me Malam Habu is, why can't we design a system that subsidises only the first 15–20 litres purchased by households weekly? This is doable.

For Example, Malaysia monitors fuel consumption using 𝐌𝐲𝐊𝐚�� 𝐯𝐞𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧, similar to our NIN and caps subsidized RON95 petrol at RM1.99 per litre up to a monthly limit (such as 200–300 litres). The same Malaysia does support its older citizens of say, 60 & above with 50% fare reductions on select public transit systems like Rapid KL and KTMB. Not only that, low-income older adults may qualify for specific welfare grants like Bantuan Warga Emas (BWE).

Why can't we focus subsidies on public transportation and commercial operators rather than universal consumption?

Why can't we gradually phase out the subsidy in line with improvements in domestic refining capacity? This was what a lot of us expected. For instance, as PH1 comes on stream, 35% subsidy would go. As PH2 comes on stream, another 35% goes. When Warri comes alive, another 20% goes, and when Kaduna comes onboard, 100% subsidy would be removed!

Again, why can't we design a subsidy framework that renders smuggling economically unviable?

𝐓𝐡𝐚𝐭 𝐢�� 𝐭𝐡𝐞 𝐜𝐞𝐧𝐭𝐫𝐚𝐥 𝐢𝐬𝐬𝐮𝐞.

The technological tools already exist to monitor petroleum distribution. 𝐖𝐞 𝐚𝐫𝐞 𝐣𝐮𝐬𝐭 𝐛𝐞𝐡𝐢𝐧𝐝!

We can implement digital truck registration systems, depot-to-station tracking, electronic invoicing, GPS and geofencing technologies, and full reconciliation of refinery output, depot receipts, logistics movements, and retail sales. Our organisation can provide this service perfectly! Stations whose reported volumes are inconsistent with their customer base can be audited. Subsidy payments should be made strictly on the basis of verified domestic consumption. If a litre is diverted across the border illegally, it should not attract any subsidy payment.

This is straightforward.

Also, what I observe is that, anytime we are debating on this issue, it is always presented as a binary choice:

Nigerians, you either buy fuel at ₦1,300 per litre OR we "waste" ₦16 trillion paying subsidy.

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐚 𝐟𝐚𝐥𝐬𝐞 𝐝𝐢𝐜𝐡𝐨𝐭𝐨𝐦𝐲.

𝐔𝐧𝐥𝐞𝐬𝐬 ��𝐮𝐫 𝐠𝐨𝐯𝐭 𝐝𝐨𝐧’𝐭 𝐰𝐚𝐧𝐭 𝐭𝐨, there is defined a third option:

𝐓𝐚𝐫𝐠𝐞𝐭𝐞𝐝 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧.

Government can subsidise essential and vulnerable consumption without extending the same benefit to unlimited or luxury consumption, as explained above & it is done in other countries.

[Generalbubu @uniformitarians]

@Uncle_Dips Facts

[Generalbubu @uniformitarians]

@Josef_zich @Uncle_Dips How can you write nonsense with so much confidence like this, so we need ten years of eating shit to know whether a policy is working or not