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Nairaland Forum / Nairaland / General / Politics / Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu (58664 Views)
Buhari Receiving Cheers From Motorists On Fuel Queue In Kaduna (photo) / Fatima Ganduje Rants On Fuel Scarcity (Photo) / I’ve Accepted My Removal In Good Faith - Ndume (2) (3) (4)
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Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by Leke001: 9:52pm On May 11, 2016 |
GEJ did this and this nation was shut down for a week...now we're back to the same thing;for how long shall we keep rigmarolling? 1 Like |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by nairamaniac: 9:56pm On May 11, 2016 |
SweetGuy225:nnpc imports more than 50% of their fuel. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by MeAboki(m): 9:58pm On May 11, 2016 |
oloriooko: You are still ignoring the basic realities between the two circumstances before Jonathan and Buhari and therefore my point: Jonathan had surplus money to support the subsidy and therefore had no justification for removing it; while Buhari doesn't have that kind of money to maintain it and is therefore justified in removing it. 1 Like 1 Share |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by Timbuktu14(m): 9:59pm On May 11, 2016 |
We can't move forward as a nation if we continue to depend on oil. Imagine those small scale business owners! No stable electricity to cover for this 'development'. Imagine that you use 10 Litres of fuel to make 5k in a day. When petrol was #86, the 10 Litres equal #860. Now that its been catapulted to #145 per Litre, 10 Litres equal #1450. That's about 68.7% increment in the price of petrol. The question now is, can any business owner increase the prices of his/her goods by 68.7% and still expect people to patronise as they used to? The implication of this subsidy removal is this- there will be low sales because the prices of goods will definitely increase and more expenses because you can't do jack without fuel in this country! You sale goods? You transport those! You run a shop without a generator in it? Give me your location! I know we will benefit from this on the long run but, why are the government not trying to ease people through this process? Many people will lose jobs! So many businesses will fold! Children will suffer! This is what makes it a bad decision in my sight at this point in time. God help us all. 1 Like |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by holuwatunmishe(f): 10:01pm On May 11, 2016 |
my question is what does Dino Melaye has to say on this matter? because I remembered vividly how he started d protest in 2012 when goodluck wanted removing this same subsidy . then Mr president should also increase d civil servants salaries so we won't die of hardship. its just done on Nigerians now that you don't know d worth of what you have until you lose it. Lord pls forgive us of all our iniquities and come to our aid Amen. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by Coolgent(m): 10:09pm On May 11, 2016 |
Change! Sai Baba till 2023 |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by binarykid(m): 10:13pm On May 11, 2016 |
Is it my eyes or is there an issue with my PC screen? For the VERY FIRST TIME nairalanders have decided to abandon ethnicity and blankly criticize this CHANGE government!!!! surely there is hope..... NIGERIA WILL RISE AGAIN. (although i nefa kno when sha ) |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by ichakaobos(m): 10:21pm On May 11, 2016 |
Thunder will strike those who cooked up the hard coming reality that would have been a thing of the past if de fraudsters in APC had allowed GEJ do away with the subsidy. And must all vital decisions that affect the country be made when the President is out of the country. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by haibe(m): 10:22pm On May 11, 2016 |
eph12:good thing it's pegged at 145 |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by haibe(m): 10:23pm On May 11, 2016 |
ichakaobos: Was APC existing in 2011 |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by Firefire(m): 10:24pm On May 11, 2016 |
ajebuter: Idojuti nla |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by JuanDeDios: 10:25pm On May 11, 2016 |
bejeiodus:I was against subsidy removal four years ago but have since changed my mind. What's your point? Besides GEJ institutionalised corruption - that's another reason for opposing it then. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by kaka74: 10:32pm On May 11, 2016 |
JuanDeDios: It simply means u re a hypocrite driven by hatred 3 Likes 1 Share |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuniski: 10:39pm On May 11, 2016 |
MeAboki: U are being clever by half. U are the type that castigates GEJ not saving while paying trillions in subsidy. Now u are tongue twisting that he had money to spend so no need to remove subsidy. SMH for u! 3 Likes |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 10:44pm On May 11, 2016 |
drsmith1:REALLY? |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by KissCODE(m): 10:45pm On May 11, 2016 |
TheDavidAbraham:i am a fan of total removal of subsidy anytime anyday but what is disturbing me here are these: 1- why did APC ask GEJ to reduce the pump price of PMS because crude oil was crashing during electioneering? 2- GEJ sold PMS @ #140 when he anounced subsidy removal then crude was at about $100 why do we have to buy @ #145 now crude saled @ about $41? 3- when price of goods goes up cos of this, will salaries be increased especialy now that many states arefinding it difficult to pay salaries? 4- why did APC has to wait until budget is signed into law before finally giving us a piece of their mind? Let me see what those who vilified GEJ in 2012 are going to say about this. Wole Soyinka, Tunde Bakare & save Nigeria group. Just waiting to hear from them. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 10:49pm On May 11, 2016 |
MeAboki:REALLY? SO WHERE DOES LEADERSHIP FORESIGHT COME TO PLAY "OR" FOLLOWSHIP BLINDNESS/SENTIMENTAL WICKERNESS" |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 10:57pm On May 11, 2016 |
KissCODE:Shame will not allow anyone make an attempt at any of this questions, but the truth will ooze out gradually. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by vivaciousvivi(f): 11:02pm On May 11, 2016 |
What?!? So why can't CBN sell forex to only registered importers at the official going rate of $199 or so and ensure that what is sold to them is what is brought back in product wise? N145 per litre? How do they even expect to control d bloody "band"? Where is NLC when u need them? Chei and to think I was part of the subsidy trek that day to freedom park! 1 Like |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 11:05pm On May 11, 2016 |
haibe:REALLY?? WHY NOT TELL US WHO EXISTED, COS' I KNOW YOU DID. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by ichakaobos(m): 11:05pm On May 11, 2016 |
haibe: They people who engineered the protest back then are currently in which party? Or I should ask them the name the party might change to in the near future, say 2019? 1 Like |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by KissCODE(m): 11:05pm On May 11, 2016 |
tuke:you are right... Time has a way of unveiling the truth. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by merjovis(f): 11:33pm On May 11, 2016 |
May God help us now at this difficult times, with leaders that don't have what it takes to lead no clue at all |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 11:40pm On May 11, 2016 |
vivaciousvivi:Ehhyahh, sorry but "SHAME OF YOU" |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by rexzqcom(m): 11:40pm On May 11, 2016 |
MeAboki: Surplus money are not met to be thrown away. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 11:52pm On May 11, 2016 |
[quote author=holuwatunmishe post=45534907]my question is what does Dino Melaye has to say on this matter? because I remembered vividly how he started d protest in 2012 when goodluck wanted removing this same subsidy . then Mr president should also increase d civil servants salaries so we won't die of hardship. its just done on Nigerians now that you don't know d worth of what you have until you lose it. Lord pls forgive us of all our iniquities and come to our aid Amen.[/quote DINO is in UK, explaining to the PM how his "fantastic" fleet of cars and "fantastic" taste evades the "fantastic" corruption index that naija bears. Omo, leave this matter, breeze dey blow, just cover your eyes and use your ears. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by tuke: 12:08am On May 12, 2016 |
OBJ two days ago said he left 13Billion and that GEJ left 30Billion. Meanwhile PMB says nothing was left. Abeg how do we verify this claims. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by corrigan: 12:20am On May 12, 2016 |
clueless president surrounded by desperately corrupt power drunk political opportunists and prostitutes Nigeria needs a sincere leader such can't come from the present system . such can only be produced by a form of revolution. I can't be surprised by anything these people do. I never expect from them . There is no difference between them and the former. |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by corrigan: 12:23am On May 12, 2016 |
tuke: |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by corrigan: 12:24am On May 12, 2016 |
do you mean the debt they left or the reserve |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by donJ2(m): 12:25am On May 12, 2016 |
engrhorla: Bros 4pcs of tomato is now N300 in my area oo |
Re: Press Statement On Fuel Subsidy Removal In Nigeria, By Kachikwu by corrigan: 12:42am On May 12, 2016 |
one single example this government is a government with intended inflation is that for several years a satchet of pure water was #5 but within one year of the present gvt it has increased by 100% |
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