On the one hand, there's the issue of Government or State Monopoly on the other hand, there's the issue of Free Market Dominance which occurs from time to time even in a Freely Competitive Market. However, both these conditions usually have the negative effect of ignoring Vital Welfare Practices that need to be provided to Citizens and Civilians of a Country, especially in the Stabilization of certain Basic and Essential Parts of the Economy through Price Controls of Basic and Essential Products or Services that increase the Standard of Living of every day Citizens in the Economy. In my opinion, this is what the Government of Nigeria needs to be focused on in order to achieve the maximum results that it needs to increase the Welfare and Profitability of its Citizenry and eventually it's Economy.
Nigerians are very funny ,why are they talking so much about Dangota ,the so call Dangota took over cement in Nigeria , cement is 10,000 per bag and Nigerians are believing Dangota would help the situation ?hmmmm
The Guest is wrong. He is confusing subsidies US provide companies in the Alternative energy sector tk encourage the economy to move to clean energy. Infact non of the G-7 countries of biggest economies run any sort of subsidy on petroleum products at the pumps, they only intervene when there is usually high prices in global oil market that affects their domestic sales. Channels should do better by fact checking such notions to further educate their viewers
You are fundamentally wrong. The US government still subsidizes energy and just last year, the Biden administration released their strategic oil reserves in order to stabilize the pump price of petrol and other products. The Nigerian government is quite insensitive to the plight of her citizenry and that's a shame.
We're tired of hearing these so called analysts. Their analyst hasn't helped so they should leave us alone to chart a new way and a new way of thinking
It's not the fault of analysts, it's the tone deaf government that is the cause of our problems. They blame smuggling for the hike in price. Rather than stop or fight it, they punish the common folk and that's shameful.
Through his teeth. He is confusing subsidies US provide companies in the Alternative energy sector tk encourage the economy to move to clean energy. Infact non of the G-7 countries of biggest economies run any sort of subsidy on petroleum products at the pumps, they only intervene when there is usually high prices in global oil market that affects their domestic sales. Channels should do better by fact checking such notions to further educate their viewers
@chibikeojiako3239 they're some of the problem of this country. We're just tired of coming on TV and tell us what they've read somewhere . Let us think new solutions and do away with these relics and their old ideas
@@chibikeojiako3239you are wrong. You lack basic knowledge in economics and world politics. The US does subsidize energy including PMS. A little research will do you some good.
This is the only Nigerian Economist that have brain inside his head❤
This guy is talking sense. No govt leaves thier energy and currency to market forces. These imf economists are bent on ruining the economy
On the one hand, there's the issue of Government or State Monopoly on the other hand, there's the issue of Free Market Dominance which occurs from time to time even in a Freely Competitive Market. However, both these conditions usually have the negative effect of ignoring Vital Welfare Practices that need to be provided to Citizens and Civilians of a Country, especially in the Stabilization of certain Basic and Essential Parts of the Economy through Price Controls of Basic and Essential Products or Services that increase the Standard of Living of every day Citizens in the Economy. In my opinion, this is what the Government of Nigeria needs to be focused on in order to achieve the maximum results that it needs to increase the Welfare and Profitability of its Citizenry and eventually it's Economy.
The fed. Govt and NNPC should look into the fuel crises on pms and give Nigerians reduce price to solve some hardship in the country
Wonderful. Dangote😊
The journey now start...trinidad calypso
I built Lagos!! I built Lagos !! 😂😂😂 Tinubu no sabi work.
Nigerians are very funny ,why are they talking so much about Dangota ,the so call Dangota took over cement in Nigeria , cement is 10,000 per bag and Nigerians are believing Dangota would help the situation ?hmmmm
The Guest is wrong. He is confusing subsidies US provide companies in the Alternative energy sector tk encourage the economy to move to clean energy. Infact non of the G-7 countries of biggest economies run any sort of subsidy on petroleum products at the pumps, they only intervene when there is usually high prices in global oil market that affects their domestic sales. Channels should do better by fact checking such notions to further educate their viewers
You are fundamentally wrong. The US government still subsidizes energy and just last year, the Biden administration released their strategic oil reserves in order to stabilize the pump price of petrol and other products. The Nigerian government is quite insensitive to the plight of her citizenry and that's a shame.
You are the one who is confused really. Better listen properly.
You are more confused that your argument...l leaved in china and his argument true
We're tired of hearing these so called analysts.
Their analyst hasn't helped so they should leave us alone to chart a new way and a new way of thinking
It's not the fault of analysts, it's the tone deaf government that is the cause of our problems. They blame smuggling for the hike in price. Rather than stop or fight it, they punish the common folk and that's shameful.
He is lying?
Through his teeth. He is confusing subsidies US provide companies in the Alternative energy sector tk encourage the economy to move to clean energy. Infact non of the G-7 countries of biggest economies run any sort of subsidy on petroleum products at the pumps, they only intervene when there is usually high prices in global oil market that affects their domestic sales. Channels should do better by fact checking such notions to further educate their viewers
@chibikeojiako3239 they're some of the problem of this country.
We're just tired of coming on TV and tell us what they've read somewhere .
Let us think new solutions and do away with these relics and their old ideas
@@chibikeojiako3239you are wrong. You lack basic knowledge in economics and world politics. The US does subsidize energy including PMS. A little research will do you some good.