Zxcvbnmghtr:
If it were Peter Obi, am sure he will remove the subsidy without pain.

NzogbuNzogbu:
I don't support peter obi, but you can not expressly quantify what immediately he is referring to

You know why?

He said he was going to make sure there are efforts to cushion the effect which can't happen in the first day like tinubu

Tinubu goofed just rest

Rayban25:


My guy you sabi jare...tinubu na the best president ever!!

sotall:


So NNPC is selling fuel that has been subsidized at a higher rate and they are doing it with their full chest.

AntiChristian:
Abeg watch this video and see Peter Obi say it yourself!

https://twitter.com/Pres_Adebayo/status/1663654854680625155



If you remove 50% Subsidy, are you still not subsidizing 50%?

AntiChristian:
There's no way there won't be pain? Forget campaign after election!

priceactionx:
so pe otilo
I learnt that this is how many of these fuel cabals operate to cheat the government. Some get access to oil blocks ( but cant refine the crude oils) so they ship it and sell it to their cronies that have a lot of stakes in modular refineries abroad, in which they import it back to nigeria at a subsidized rates being paid by the government. So virtually carrying nigerian crude oil abroad to refine, and sell it far higher than even the supposed money without the subsidy, yet come back, claim subsidies, making moneies in multiple ways, claiming they are multi billionaire , forbes this, forbes that. If you look well, they are same people behind all these forex and dollar manipulations.
My fear is that until i see this new government commisioning modular refineries after maximum, 2 years of this price adjustements in each regions, and selling crude oil at local price in naira directly , simuteneoulsy, to the operators, things may be getting worse. If i remeber, tilumbu said he would wave a lot of taxes for investors that want to be part of oil industries revolutions, so that they get waivers to subsidize the price and improve employments to the citizen if elected, ( cos he himself is an oil expert and know much of the industries) BUT CAN WE Really TRUST POLITICIANS in nigeria? Will they allow him to work? Do we, nigerians have that patience? DONT WE, as a citizens like cutting corners just look at how filling stations sky rockets there price over nights over the stock they have at hand? Drop gas price by 10 naira and you will hear them saying they never see any official letters. It will take them 2 months to adjust.
Same thing should be aplicable to all other sectors especially agriculture region by region ,which i also believe that shetimma is also an expert in that sector and can handle that. Reveolutinize mechanized farming and let the price of basic food fall and avoidable.
I dont know if it is practicable or possible. i just dont know.

Confirmedzombie:


Don't mind obi supporters, they just follow him blindly.

If he removes 50% subsidy is still there and trillions of naira will be spent.

Even if Obi poo they will believe it does not smell

Pickmycall:
God bless tinubu.
God bless federal government of Nigeria.
God bless all tinubu's supporters.
God bless APC.
God bless Nigeria.
SARCASM

Irrespective of your intent, this is what your Obi also intends to do. So, please save yourself from this headache

southsouthking:
Renewed hope😂😂😂

Pickmycall:
God bless tinubu.
God bless federal government of Nigeria.
God bless all tinubu's supporters.
God bless APC.
God bless Nigeria.
SARCASM

Bizibi:
It would have been better it happened 16 years ago....the harsh realities will be real in the next couple of months. If the fg don't address minimum wage or any policy to cushion the effect,it will bite harder and things that should not happen will start happening.

This is why it is not good to play politics on everything.most of them thought they were smart against gej,now we are all in a full circle.

If you know you have money start stacking up your store and freezer because the next hike in prices will be food.i had to buy bag of rice immediately yesterday because I know the price will double by the end of the week.

Bishop4real:


Efforts like what & what? Why do you guys love believing open ended statements that's neither here nor there? APC & B's led administration started subsidy removal in phases & June 2023 was marked as the implementation of the final phase as was reflected in 2023 budget. Tinubu merely acknowledged & echoed that fact. Palliatives are somewhat on ground already: railways, good roads, Dangote refinery, BUA & PH refineries, modular refineries etc. Plus the fact that most states are now paying workers as & at when due. What would have Obi done differently as his own way of ameliorating the attendant hardship subsidy removal brings

Jagaban2012:


Renewed Shege

Angelfrost:


Simple and common sense cushioning policies or plans before such action include:

1. Widespread availability of stable electricity supply to reduce fuel consumption in generators.

2. Reduction of work days of civil servants to cut transportation expenses.

3. Provision of regulated government buses for commuters to mitigate fares.

4. Increased salaries and allowances to mitigate inevitable rise in prices of food items.

5. Dangote refinery functioning at full capacity to ensure full availability and minimize hoarding.

6. Opening the door for investment in the downstream sector through humane policies to increase competition and finally make fuel prices competitive.


...But, what do I know!!!

Everything is about making announcements to these charlatans! No proper planning or consultation or even sensitization!!!

AntiChristian:
There's no way there won't be pain? Forget campaign after election!

priceactionx:
so pe otilo
I learnt that this is how many of these fuel cabals operate to cheat the government. Some get access to oil blocks ( but cant refine the crude oils) so they ship it and sell it to their cronies that have a lot of stakes in modular refineries abroad, in which they import it back to nigeria at a subsidized rates being paid by the government. So virtually carrying nigerian crude oil abroad to refine, and sell it far higher than even the supposed money without the subsidy, yet come back, claim subsidies, making moneies in multiple ways, claiming they are multi billionaire , forbes this, forbes that. If you look well, they are same people behind all these forex and dollar manipulations.
My fear is that until i see this new government commisioning modular refineries after maximum, 2 years of this price adjustements in each regions, and selling crude oil at local price in naira directly , simuteneoulsy, to the operators, things may be getting worse. If i remeber, tilumbu said he would wave a lot of taxes for investors that want to be part of oil industries revolutions, so that they get waivers to subsidize the price and improve employments to the citizen if elected, ( cos he himself is an oil expert and know much of the industries) BUT CAN WE Really TRUST POLITICIANS in nigeria? Will they allow him to work? Do we, nigerians have that patience? DONT WE, as a citizens like cutting corners just look at how filling stations sky rockets there price over nights over the stock they have at hand? Drop gas price by 10 naira and you will hear them saying they never see any official letters. It will take them 2 months to adjust.
Same thing should be aplicable to all other sectors especially agriculture region by region ,which i also believe that shetimma is also an expert in that sector and can handle that. Reveolutinize mechanized farming and let the price of basic food fall and avoidable.
I dont know if it is practicable or possible. i just dont know.

Faposky95:


Question : anything gone up doesn't come down
Inflation.....!!!!!!!!
We may lie about it, but now we don enter

airsaylongcome:


Effectively allowing independent marketers to sell at ₦600+. Let's wait and see how it unfolds when the reality of the "deregulation" hits.

Bishop4real:


Efforts like what & what? Why do you guys love believing open ended statements that's neither here nor there? APC & B's led administration started subsidy removal in phases & June 2023 was marked as the implementation of the final phase as was reflected in 2023 budget. Tinubu merely acknowledged & echoed that fact. Palliatives are somewhat on ground already: railways, good roads, Dangote refinery, BUA & PH refineries, modular refineries etc. Plus the fact that most states are now paying workers as & at when due. What would have Obi done differently as his own way of ameliorating the attendant hardship subsidy removal brings

AntiChristian:
The trillions going for subsidy monthly can't be continued!

Prudency045:


Why do you keep thinking one tribe is richer than the other?

There are poor igbos and there are poor yorubas. Same way there are rich igbos and there are rich yorubas.

Let's always make sensible comment devoid of ethnic bigotry.

Pickmycall:
God bless tinubu.
God bless federal government of Nigeria.
God bless all tinubu's supporters.
God bless APC.
God bless Nigeria.
What I posted up there are
SARCASM
Una think say I mean am? thunder fire the tinubu wey call himself president....

Zxcvbnmghtr:
If it were Peter Obi, am sure he will remove the subsidy without pain.