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Subsidy Removal the positives and negative effects on the Nigerian economy

Understanding Petroleum Subsidization Petroleum subsidization refers to government intervention in the fuel market to reduce the cost of petroleum products for consumers by covering part of the price difference between the market price and the pump price. This is done to make fuel more affordable, stabilize transportation costs, and support economic activities. In Nigeria, the government historically subsidized petrol prices, ensuring that citizens paid below the actual market rate. This policy aimed to reduce the cost of living, support businesses, and prevent inflationary pressures caused by high fuel prices. Actions Taken in the Removal of Petroleum Subsidy in Nigeria Over time, the Nigerian government faced huge fiscal burdens due to subsidy payments. In May 2023, President Bola Ahmed Tinubu announced the removal of fuel subsidies, citing unsustainable government expenditure and corruption in the subsidy system. The major actions taken include: Immediate Removal of Subsidy – Fue...

CHOOSE YOUR FOCUS

CHOOSE YOUR FOCUS If you hire a photographer to record your wedding, he knows better not to record those who are fighting over meats or bottles of beer. If there is a loose wire causing sparks somewhere close to the sound system, he knows better not to record it. He is careful choosing what to focus the lens on. You know why? He knows that you paid him to record the great moments you will always like to remember, not the ones you do not cherish. He knows that what you want to remember are not those people fighting. You want to see the beautiful wedding dresses, the rhythmic dance steps of the bridal train, the toasts, the comedy from the MC etc. It is the same wedding, but he chooses his focus. This is called Selective Attention. Choose what you focus on in Life. The stimuli that demand our reactions or responses on a daily basis are usually numerous. The workplace is busy. Different moments, diverse experiences, the good, the bad and the ugly. You can allow everything to disturb...

10 WAYS TO LOSE BELLY FAT

Avoid common mistakes and craft abs of steel by following these 10 simple steps to lose belly fat First of all, let's get one thing clear: there is no way to target specific areas of fat on your body. No matter how enthusiastically the lady on the infomercial promises her products will be able to 'melt those love handles' or 'firm up that butt', she's lying. Or at least, bending the truth. And even if you work out twice a day, every day, if you're consuming more calories than you’re burning, and if the food you’re eating is packed full of sugar and other things that encourage your body to store fat - you will still carry some excess flab. However, there are some tricks you can employ to give your body the best chance in your fight against the flab. Thousands of crunches won’t give you a six-pack, but making some dietary changes and switching up your training approach can and will. The quickest way to fail your fat-fighting mission is by flaking out on yo...

MUGABE CONTROVERSIAL QUOTES ON RACISM

Iwan Read the speech of President Mugabe...True Story: 1. Racism will never end as long as white cars are still using black tyres. 2. Racism Will never end as long we still wash first white clothes, then other colours later. 3. Racism will never end if people still use black to symbolise bad luck and WHITE for peace! 4. Racism will never end if people still wear white clothes to weddings and black clothes to the funerals. 5. Racism will never end as long as those who don't pay their bills are blacklisted not White listed. Even when playing the pool (snooker), you haven't won until you sink the black ball,and the white ball must remain on the field. BUT I don't CARE,SO LONG AS I'M STILL USING THE WHITE TOILET PAPER TO WIPE MY BLACK A*S, I 'M STILL FINE! (Mugabe speech) LOL 😃😃😃 What do you think about this speech ?

DIET FOR THE KIDNEY

One of the roles of healthy kidneys is to flush waste products from the body through urination. The kidneys also control the blood pressure and sodium balance in the body. When the kidneys are not functioning to their optimal ability, a variety of metabolic processes begin to occur and eventually, the body’s systems begin to break down. Maintaining good kidney function is an important part of retaining your good health. If you have had blood tests and a diagnosis of chronic kidney disease (CKD), or see the early indications of kidney dysfunction in the blood test results, you can do something to help your kidneys function more efficiently by adjusting your diet and avoiding specific foods. 1-Dairy, Nuts and Chocolate Since kidney function is so intimately involved in the body’s electrolyte balance, when the kidneys are not able to fully do their job, foods containing electrolytes must be reduced. Too much phosphorus blocks calcium absorption so reduce your intake of the following ...

UNDERSTANDING HOW THE BRAIN WORKS

UNDERSTANDING HOW THE BRAIN WORKS It's important to understand the complexity of the human brain. The human brain weighs only three pounds but is estimated to have about 100 billion cells. It is hard to get a handle on a number that large (or connections that small). Let's try to get an understanding of this complexity by comparing it with something humans have created--the entire phone system for the planet. If we took all the phones in the world and all the wires (there are over four billion people on the planet), the number of connections and the trillions of messages per day would NOT equal the complexity or activity of a single human brain. Now let's take a "small problem"--break every phone in Michigan and cut every wire in the state. How long would it take for the entire state (about 15 million people) to get phone service back? A week, a month, or several years? If you guessed several years, you are now beginning to see the complexity of recovering from...