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Kingsley
10.8K posts
@Yinkzworld2 @Big_Mck Lol China?? They are the biggest bluff after France lmao
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@Big_Mck China 🇨🇳 doesn't speak anyhow, in fact they are most careful and think words through before they say that. This is why anyone should not think this is just cheap talk.
If it's the bully in the pink house that is saying this I will take little concern about it.
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“First of all, I want to tell the Israeli government and the Israeli leaders, at the moment Israel uses a Nuclear warhead against any other country, including against Iran, it will be the demise of Israel as a country”
This statement can only be made by a truly sovereign country. You are not a superpower if you aren’t sovereign. 🇨🇳🔥
Jvnior@Jvnior
🚨🇨🇳 BREAKING: CHINA THREATENS ISRAEL. “If israel uses a nuke, it will no longer be a country”
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Kingsley retweetledi
@idemeko64612 @Truthzon @FinPlanKaluAja1 Don't mind him he doesn't know the difference between economics and finance.
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@Truthzon @FinPlanKaluAja1 Targeted subsidies and temporary tax relief are standard crisis tools in economics. So, mocking them only exposes your ignorance of policy options, not his lack of a degree.
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You don't have to subsidise PMS imports 100%, thats a waste. In the US, farmers get a special diesel subsidy, but others don't. why? Farming is strategic
Nigeria can't hide behind cost to deny a palliative, as crude oil has gone from $46 to $112. Instead, you subsidise PMS for target groups, especially transporters, by using the vehicle VIN, tied to NIN and eNaira, at the pumps. This ensures only Nigerian cars can buy subsidised PMS and Diesel, by paying via NIN phone using eNaira or any other payment method
You will reduce public transportation without the huge N900B cost.
On this N900b, yes, states will suffer financially, but states will suffer more if the entire commerce in the state collapses because citizens have to choose between food and fuel
The federation revenues have increased by more than 100%, the war in Iran is a black swan event, and it will not last more than three months (amen).
The government can do many things to lower the PMS cost, not related to subsidies on PMS imports
1. Immediately instruct Customs to adopt $1 to N100 as an exchange rate for 90 days
2. Reduce VAT to 2.5% for 90 days
3. Suspend CIT to 10% for 90 days if companies will pay a special transport bonus to their staff.
Where is the Excess Crude Account? The benchmark is $65; Brent crude is $116. Where is this account? Can we use all the ECA for just 90 days?
In summary,
When there is a will, there is a way
When there is no will, there is no way
Dr. Toks 🦇@fimiletoks
Sunday piece... A subsidy of N500 per litre which will bring the cost of petrol to about N800 will cost us N30bn daily and N900bn monthly for the first month and trust the number to go up with fraud in subsequent months. N5.4trn in 6 months. Plug and play the figures for your targeted pump price eith subsidy. N900bn is 50% of the FAAC shared in February which means subsidy will reduce revenues by 50%. No state except Lagos, Delta and Rivers can absorb this shock in their budgets based on projected revenue and dependency on FAAC. They won't be able to pay salaries and fund The FG's budget deficit will also worsen which means we have to go back to ways and means. With ways and means, inflation and Naira devaluation is sacrosanct. Looking at the FG projections - $60 per barrel and 1.84m barrel per day production. Even though oil prices have gone up, our production shortfall counters the gain massively. We also have forward contract obligations to meet with crude. We would have made a windfall with a production over 2m bpd. With Executive order 9, conservatively we can estimate a monthly Excess crude account inflow at $15m - $20m daily. Conservatively even the money from Excess crude prices can't pay the subsidy requirement so we need to borrow to pay it. While Cardoso will be looking at boosting our reserves, Wale will be eyeing the fund to pay some of our debt obligations while a percentage of accrued FAAC should be deployed to cushion the effects of the unwarranted global oil increase. What can the government cut? Nothing, the police is recruiting, Army is recruiting, forest guards are coming onboard and we are spending on insecurity with a debt in trillions hanging above the power sector. Growth in Non oil revenue is now as important as ever. Challenging times for Cardoso, Mr. Wale Edun, Mr. Zach and Mr. Taiwo. Caveat - This post is for people with a certain level of IQ.
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Kingsley retweetledi
Of the non-Muslims, only the Jews have managed to defend themselves in the Middle East and stand their ground. Everybody else, especially the Christians, is on their way to extinction. Yet many in the West think that any Western thumb on the Mideast scales makes things worse or is unethical.
Dr. Maalouf @realMaalouf
BREAKING: Thousands of Muslim jihadis are on their way to the Christian town of Al-Suqaylabiyah, Syria, following yesterday’s pogrom. They are hunting for Christian blood and want to commit a massacre. It’s crazy how little the world cares about Christians in the Middle East.
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@Kharma_D_KOL @areosodiq @PastorMarvy There's nowhere in that screenshot that you can find any Western newspaper or source
If you have better sources bring them, I'm open to learning
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Without nuclear weapons, Iran and Israel militarily will never have a winner!
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@Kharma_D_KOL @areosodiq @PastorMarvy Lol is this the best you could come up with?
Well you didn't waste your time I just finished enlightening you... So go back and do proper research
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@Dblueking @areosodiq @PastorMarvy lol guy you funny me ngl, I wasted my time chatting you not knowing you’re a bot
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@Omumerica2 @areosodiq @PastorMarvy He forgot that Israel didn't have backing in that war and people he called weak were backed by the same US&UK
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@Kharma_D_KOL @areosodiq @PastorMarvy A little research will save you bro... Their only backup came from the Czech Republic an embargo was placed on them so that no country would sell weapons to them
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@Dblueking @areosodiq @PastorMarvy lol who was their backup? Hmmm from day one no one stand with the Arabic cus they want to control them( don’t you see the patterns ?)
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You know you don't have to be emotional about everything...
The US and the UK never back Israel in that war... A little research would have saved you. They were behind the country you just called weak and still lost
Adebola↩️@areosodiq
@Dblueking @PastorMarvy Lmfao... What yama yama history is that? That weak Arab nations went to war with fully backed US-UK Israel war for 6 days? Tell me about it
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The US leaving won’t end this war. Iran now knows the extent of its true power.
Al Jazeera Breaking News@AJENews
BREAKING: US vice-president Vance says US to get out of Iran 'soon' 🔴 LIVE updates: aje.news/pg663c?update=…
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@talker_io @osazenoo Lol the question is there even light, sebi give us the light first we would sort the rest out
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@Kharma_D_KOL @areosodiq @PastorMarvy Go read about Israel against the Arabs in 1948 they didn't even have this military strength yet, go and see what they did to the mighty Arabs
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@Dblueking @areosodiq @PastorMarvy I think you’re the one that don’t know about history, go and read about Persia
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@PastorMarvy Please Israel can't handle Iran alone. Israel can't handle Saudi or Egypt or Turkey or Iraq alone talk more of Iran. Those US bases are there to protect Israel and to ensure control of the natural resources in the region.
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@PastorMarvy Israel doesn't have the capacity to invade Iran but Iran does
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That’s factually wrong. VAT is the 2nd largest revenue generator for the UK and many developed nations—it’s literally their 'development fund.' In Nigeria, we just hit a record ₦1 trillion in VAT in a single month (Jan 2026).
Yomi Capt. Awesome@mmayomi01
@Dblueking VAT is a consumption tax sir. Countries dont use VAT to develop!
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