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Nairaland Forum / Nairaland / General / Politics / Tinubu - Flashback On 2012 Subsidy Removal Attempt (1478 Views)
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Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 5:28pm On May 29, 2023 |
11th January, 2012 Asiwaju Bola Tinubu, Action Congress of Nigeria (ACN) national leader and former governor of Lagos State, has accused the Jonathan presidency of betraying its social contract with the people by suddenly removing fuel subsidy. He, however, provided a window out of the crisis: if subsidy must be removed at all, it must never be at one fell swoop. Rather it must be on calibrated phrases, on which the promised gains are measured and confirmed before moving to the next phase of removal. “Government must modify the sudden and complete removal of the subsidy. Either we restore the subsidy or use the funds for other social purposes,” Asiwaju Tinubu counselled in a special release he captioned, ‘Removal of oil subsidy – President Jonathan breaks social contract with the people’ and which he personally signed. “If we are to use the funds for other programmes, these programmes shall be placed on parallel track with the subsidy. As more of these programmes are ready to go on line, then the subsidy can be lifted in phases” he continued. “In this way, the public is assured government will not lower its total expenditure on their behalf, thus maintaining the spirit central to the social contract.” But the former governor cautioned the federal government against economic policies that tend to balance the books at the detriment of the people’s welfare. “As there is progressive politics, there is progressive economics. As there is elitist politics, there is elitist economics,” Asiwaju Tinubu explained. “It all depends on what and who in society government would rather favour. The Jonathan tax,” he declared, “represents a new standard in elitism.” ,” Asiwaju Tinubu said of President Goodluck Jonathan, “the people will become enslaved to greater misery. This crisis will bear his name and will be his legacy. The people now pay a steep tax for voting him into office. The removal of the subsidy is the ‘Jonathan tax’,” he insisted. “The situation shows that ideas count more than personalities. People may occupy office but how that person performs depends on the ideas that occupy his mind.” Insisting that the subsidy removal was ill-timed, he said there must be some conditions precedent before such a step could be taken. “First government needs to clean up and throw away the salad of corruption in the NNPC [Nigerian National Petroleum Corporation]. Then, proceed to lay the foundation for a mass transit system in the railways and road network with long term bonds and,” he added, “fully develop the energy sector towards revitalising Nigeria’s economy and easing the burden any subsidy removal may have on the people.” The former governor however counselled protesters to go about the protests in a peaceful manner, and to eschew all forms of violence. https://pmnewsnigeria.com/2012/01/11/tinubu-jonathan-has-betrayed-the-people/?amp=1 How time flies...... ![]()
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Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by solmusdesigns: 5:29pm On May 29, 2023 |
Dangote Refinery.... Use your head 1 Like |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Dpen11(f): 5:30pm On May 29, 2023 |
Nigeria is a scam 6 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 5:30pm On May 29, 2023 |
solmusdesigns:Use your head, is it working as at today? 2 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 5:31pm On May 29, 2023 |
Dpen11:I tell you 4 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Bobloco: 5:32pm On May 29, 2023 |
solmusdesigns: Bro use your modular oblongata Dangote refinery is yet to refine a drop of PMS 6 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Wodu89: 5:32pm On May 29, 2023 |
It is easy to criticize when you're outside the ring or do not have full knowledge of what the issue is about. What an half wit ! 4 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by sonature1: 5:32pm On May 29, 2023 |
Politicians are evil! Buhari said that subsidy doesn't exist! By the way, I watched some videos of how young President Barack Obama led the US and that made me understand why we badly need a liberal, young president in this country. When a vibrant president often visits primary and secondary schools to encourage kids to read their books, that inspiration can live with a child for the rest of his/her life! 6 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by solmusdesigns: 5:32pm On May 29, 2023 |
seunlayi: Yes it is |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by solmusdesigns: 5:33pm On May 29, 2023 |
Bobloco: Stop being naive Dangote Refinery has been running few month back |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Raskimonojendor: 5:35pm On May 29, 2023 |
Buhari removed the subsidy. Tinubu is not putting it back. 2 Likes 1 Share |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Bobloco: 5:37pm On May 29, 2023 |
solmusdesigns: Do you work there Dangote himself said that the first set of refined products from the refinery is expected to be out around July 3 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by solmusdesigns: 5:37pm On May 29, 2023 |
Bobloco: We are talking of pre test |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 5:47pm On May 29, 2023 |
Bobloco:Don't mind that one |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Bobloco: 5:51pm On May 29, 2023 |
solmusdesigns: Pre test right, so Tinubu removed subsidy because of Dangote refinery is on pre test 3 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by ecolime(m): 5:57pm On May 29, 2023 |
solmusdesigns:Are Tankers loading now? Stop lying 🤥 3 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 6:12pm On May 29, 2023 |
ecolime:Maybe someone sold from the refinery samples to him and he felt they've started production ![]() 3 Likes 1 Share |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by SalamRushdie: 6:14pm On May 29, 2023 |
Just look at the hypocrite |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 8:36pm On May 29, 2023 |
SalamRushdie:for real. |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by SalamRushdie: 8:38pm On May 29, 2023 |
solmusdesigns: Please stop this no single production is going in there currently 3 Likes |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by jahsharon: 9:35pm On May 29, 2023 |
The Kingmaker has made himself KING. What Obasanjo, Yar'Adua, Goatluck and Buhari could not do over 24 years, Tinubu did it in less than 30 mintues of being sworn in. Tinubu has banished the fraudulent Fuel Subsidy. Be prepared, more tough decisions are coming, which will be followed by tough times, but at the end, Nigerians will be happy and prosperous. |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by foleskay(m): 9:39pm On May 29, 2023 |
Tinubu should have waited a bit and listen from his policy advisers. He just got swear in today so hes yet to have access to economy document and information on Subsidy. He should have waited and study. He shouldn't make d same mistake as buhari oo |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by nnewsnjobs: 5:36am On May 30, 2023 |
foleskay:Exactly my point, he should have remain silent on it and wait small at least for Dangote refinery to start supplying fuel to depot. Now if he dare reverse it any, it will not be good for his administration. Now that the deed has been done, he should stick to his decision no matter what is happening else he will fall many people hands by reversing it again and claiming he was not the one that remove it in the first place. |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by mightyhaze: 5:45am On May 30, 2023 |
jahsharon:This dumb line sounds familiar..where did I hear it again? Oh ..8 years ago when bughari clueless but very wicked rule was teething 1 Like |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by mightyhaze: 5:47am On May 30, 2023 |
foleskay:I think the man wants to punish Nigeria for not voting him |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Nobody: 6:03am On May 30, 2023 |
solmusdesigns: They cannot. All their small minds can respond to is the name Tinubu and their hatred for the man. With Dangote refinery fully operational this June then Nigeria is good to go per fuel subsidy removal and can enjoy the benefits of a deregulated downstream sector.
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Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Nobody: 6:09am On May 30, 2023 |
foleskay: Can't you get the simplicity of the central idea here? If Dangote refinery is fully operational then how can you justify our crude , even for one day longer, being shipped abroad to then be returned to us as PMS or any other refined derivative of crude ? What must happen is that we stop that redundant practice immediately and supply same crude to Dangote to refine and make available for domestic consumption as PMS along with the many other attendant positive benefits. How can you have a comprehensive solution for a major perennial national problem and argue in favour of the delay of implementation of said solution? |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Pwettylinda(f): 6:20am On May 30, 2023 |
foleskay: What do you mean waited? So all these while he's been campaigning he didn't study his economic plan?? And the nation?? Bunch of jokers Na now he wan study ![]() |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by Pwettylinda(f): 6:24am On May 30, 2023 |
OneTemplate: So Buhari, sw people and APC looted all these huge sum y'all borrowed without fixing a single refinery ![]() ![]() Who collect ona brains for this country na ![]() ![]() |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by fixitbyjal(m): 1:24pm On Jun 26, 2023 |
seunlayi: Samsung m31s screen is available 1 Like |
Re: Tinubu - Flashback On 2012 Subsidy Removal Attempt by seunlayi(m): 9:23pm On Jul 24, 2023 |
Pwettylinda:nobody collected it, many threw it away |
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