WHY NLC CANNOT CREATE OR COME WITH PERMANENT/POSITIVE SOLUTION TO OIL SUBSIDY? AND WHY ALWAYS PROTEST?
BY
ABBATI BAKO

Removal of subsidies (not only oil) is a global order that has been signed by 174 nations and Nigeria inclusive in 1998. That's what we called "Washington Consensus".

Some countries succeeded. Like Mexico, Brazil, Kenya and many emerging global economies. So why can't we try it? There are 10 prescription designed by International Economist Williamson and accepted by the World Bank/IMF. Some of the prescription is the removal of oil subsidy by developing nations. And the subsidy be shifted to build schools, good medical care and other infrastructures for the benefit of the citizens. This is better than to allow very few cabals to steal or siphone the subsidy money for their own egocentrism.

I understand that President Buhari wanted to try the possible positive benefits of the removal of oil subsidy as did by many emerging nations S/Arabia inclusive.

We saw the benefits of business competition in capitalist market economy. I mean that the beauty of political democracy is competition. The communication sector (GSM) is a very good example for us to see as a lesson in Nigeria---from 2001 to date.

The issue of subsidy as I understand is among what we called "International Public Policy---IPP". And IPP is in line with removing all businesses from the government and allow the private sector to compete and get results. Take example of privatization policy.

In the current global village; no nation can go alone. ( remember the principles of globalization policy). Even N/Korea must one day join the band-wagon. Cuba is already in the net-joined the globalization policy. Also Miammar nation.

On the issue of NLC's protest whenever there is an increase in oil products; this is purely a sign of ignorance of how the current global system is working. Globalization had already taken roots. Unless if someone come up with another policy better than globalization.

OK, is there any time the NLC come up with the solution to the problem? If the NLC'S leadership think that the government is wrong, why can't they come up with practical or workable solutions to the matter? Do they think that the only solution is to protest?

I am sure this time around Nigerians will never support them. Because Nigerians have had trust and confidence in the leadership of President Buhari. Nigerians had firmed believe that their common wealth is in good hand.
May God save and bless Nigeria.
Abbati Bako

.

WHY NLC CANNOT CREATE OR COME WITH PERMANENT/POSITIVE SOLUTION TO OIL SUBSIDY? AND WHY ALWAYS PROTEST?
BY
ABBATI BAKO

Removal of subsidies (not only oil) is a global order that has been signed by 174 nations and Nigeria inclusive in 1998. That's what we called "Washington Consensus".

Some countries succeeded. Like Mexico, Brazil, Kenya and many emerging global economies. So why can't we try it? There are 10 prescription designed by International Economist Williamson and accepted by the World Bank/IMF. Some of the prescription is the removal of oil subsidy by developing nations. And the subsidy be shifted to build schools, good medical care and other infrastructures for the benefit of the citizens. This is better than to allow very few cabals to steal or siphone the subsidy money for their own egocentrism.

I understand that President Buhari wanted to try the possible positive benefits of the removal of oil subsidy as did by many emerging nations S/Arabia inclusive.

We saw the benefits of business competition in capitalist market economy. I mean that the beauty of political democracy is competition. The communication sector (GSM) is a very good example for us to see as a lesson in Nigeria---from 2001 to date.

The issue of subsidy as I understand is among what we called "International Public Policy---IPP". And IPP is in line with removing all businesses from the government and allow the private sector to compete and get results. Take example of privatization policy.

In the current global village; no nation can go alone. ( remember the principles of globalization policy). Even N/Korea must one day join the band-wagon. Cuba is already in the net-joined the globalization policy. Also Miammar nation.

On the issue of NLC's protest whenever there is an increase in oil products; this is purely a sign of ignorance of how the current global system is working. Globalization had already taken roots. Unless if someone come up with another policy better than globalization.

OK, is there any time the NLC come up with the solution to the problem? If the NLC'S leadership think that the government is wrong, why can't they come up with practical or workable solutions to the matter? Do they think that the only solution is to protest?

I am sure this time around Nigerians will never support them. Because Nigerians have had trust and confidence in the leadership of President Buhari. Nigerians had firmed believe that their common wealth is in good hand.
May God save and bless Nigeria.
Abbati Bako













yippy kaye, cause your kinsman is in power you want every policy of his to be accepted without question, sorry.