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Nairaland Forum / Nairaland / General / Politics / Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary (29430 Views)
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Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Omonigeriarere: 12:38pm On Aug 04 |
nairalanda1: Now, you reiterate the same thing I said earlier. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Everydaylove: 12:39pm On Aug 04 |
Sell it to your brainwashed supporters. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by yoribo: 12:40pm On Aug 04 |
Please the money our federal government is using to pay for the subsidy is it his money or Lagos State Money ? I am confused here. All our leaders think Nigeria and states belong to them. And No question about. See We can’t afford to use electricity in my house because of the hike in electricity tariff, 1kw is 225 Naira. How can small scale industries cope with this tariffs and still government desires to create jobs for small business. We only hear Billions on Trillions on news without affecting the citizens. Our mumu never too much. hi Kuginzi: |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Dspsalvate: 12:44pm On Aug 04 |
"Every evil done by man to man shall surely be redress. If not now then certainly later, if not by man then certainly by God;for the victory of evil over good can only be temporal" |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Oghene86: 12:51pm On Aug 04 |
SmartPolician: But subsidy is still ongoing, we should move for our refineries to be fixed immediately |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Asazwalingwa: 12:51pm On Aug 04 |
Nvestor02: Be deceiving yourself. You never said this during GEJ's regime when we would have be able to cushion the effects better. What will consume you is coming... |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by otherway: 12:53pm On Aug 04 |
Nvestor02: How ignorant. Tinubu is still paying subsidy. Argue with your keypad |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by stanbright(m): 12:53pm On Aug 04 |
Salewa97:Now you called it a bold step Wasn't Tinubu against Jonathan for subsidy removal back in 2012?? What changed?? Or are you trying to say it was used to distabilize the Jonathan's government?? 1 Like |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by stanbright(m): 12:55pm On Aug 04 |
Chinkoalhaji34:Peter Obi Organised the protest?? 1 Like |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by lightwind(m): 12:57pm On Aug 04 |
Chinkoalhaji34: Are U stupid ?? What business does this have to do with Peter Obi you mentioned here ? Is he the only opposition in this country ? |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Asazwalingwa: 12:57pm On Aug 04 |
Chinkoalhaji34: Is it Peter Obi that's your problem... When you cannot eat. I just realized who the problem of the country is, it's the West. The North is dragging you guys and your so called son, your problem is the East. No be juju be that? I am from South -south (we no dey carry last). |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Asazwalingwa: 1:01pm On Aug 04 |
Salewa97: Are you okay? Is this not the same subsidy removal of 2012? |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by LucemFerre: 1:08pm On Aug 04 |
Booby don fall Back to d matter |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Tripleaj(m): 1:10pm On Aug 04 |
Can we for once be reasonable; are these not a fact, if the President is truly sincere with is speech. Can this country ever be rule by good leaders and can we Nigerians ever for once think, ever for just a minute that those people are not working for us but working for themselves and families. (But wetin I know, our mumu just dey start press up, let see how far we go) These are some questions someone asked Mr. President this morning, he said and I quote; President Bola Ahmad Tinubu I Totally Disagree With You That You Inherited A Dilapidated Nigeria From The Former President Muhammadu Buhari Below Are My Reasons How Can A President That Claimed To Have Inherited A Dilapidated Nigeria Be Spending Public Funds Extravagantly As If You Inherited A Rich And Prosperous Country How Would You Justify The Following Extravagant Spendings Under Your Government 21 Billion Naira To Renovate The Vice President House 70 Billion Naira To The National Assembly Members To Buy SUVs At The Cost 160 Million Naira Per One For Senators And House Of Representatives Members Specifically 4 Billion Naira To Renovate Dodan Barrack Lagos Another 3 Billion Naira To Renovate Aguda House 5 Billion Naira Was Given To Presidential Tax Reforms Committee Of Less Than Twenty People Headed By Taiwo Oyedele With Nothing To Show For It 1.5 Billion Naira To Purchase Cars For Your Wife Senator Oluremi Tinubu Despite The Fact That First Lady Office Is Not Recognised By Our Constitution 300% Salary Increase For The Judges Which Was Speedily Passed By The Insensitive And Irresponsible Senators 5 Billion Naira Was Budgeted For Presidential Fleet Of Cars For President Bola Ahmad Tinubu Billions Of Naira Was Budgeted For Your Trips Including The Vice President Kashim Shettima To The Detriment Of The Citizens Every Senator Is Paid 21 Million Naira Monthly House Of Representatives Are Earning 13.5 Million Monthly All The Increment Was Done By Your Government 15 Trillion Naira Lagos Calabar Coastal Road Was Awarded Illegally To Your Friend A Lebanese Gilbert Chagoury Who Was Repatriated Back To His Country By The Former President Obasanjo You Have The Largest Ministers Ever In The History Of Nigeria Where Are You Sourcing Money To Pay Them You Went Ahead To Create Another Ministry Of Livestock Development What Happened To Orasanye Report Of Downsizing And Merging Some Of The Agencies , Parastatals And Departments Where Is The Subsidy Money That Was Removed On Petroleum Product And Electricity? How Much Was Saved And What Was The Money Used For President Bola Ahmad Tinubu Nigerians Are Demanding To Know? The Cost Of Governance Has Not Reduced Instead It Has Increased Massively Fuel Subsidy Removed Electricity Tariff Hike Education Beyond The Ordinary Citizens Health Services Beyond Ordinary Citizens Foodstuffs Beyond Ordinary Citizens Insecurity And Killings On The Increased Collapsed Economy Unemployment On The Increased Corruption And Stealing Of Public Funds Legalised Nepotism Top On Your Agenda President,Vice President,Governor's Security Votes Remained Intact All The Allowances Paid To Our Leaders Remained Intact There Is No Single Support A Citizen Of Nigeria Deserve From Government And The Government Is There For Him Or Her None Renewed Hopelessness,Destitution And Deception Mr President Bola Ahmad Tinubu,Governor's,Ministers And Top Government Officials Including The Service Chiefs Heads Of Agencies,Departments And Parastatals Your Lifestyle And Extravagant Spending Of Public Funds Does Not In Anyway Show That President Tinubu Inherited A Dilapidated Nigeria Leaders Are Getting Richer Citizens Are Getting Poorer Look At How President Bola Ahmad Tinubu Has Been Tranformed Physically,Mentally And Financially To The Detriment Of Nigerians This Trend Must Be Arrested THIS IS JUST A TIP OF INSENSITIVE LEADERSHIP RECKLESSNESS TO MENTIONED FEW © Copied. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by chijokz(m): 1:26pm On Aug 04 |
MALLEOLUS2017:Exactly my assertion. Subsidy payments are still going on especially to an Oando affiliated company from Malta. Hence, Tinubu is paying himself subsidy via Oando. A lot of Nigerians don't know this. 1 Like |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by villagereporter(m): 2:17pm On Aug 04 |
Hi Nvestor02: The objectives of removing FS is defeated the moment you go to Idiroko border, oja Odan, Ilashe and Ifonyintede. There you will see civil defense corps custom officers and immigration at night loading their pick up truck. Removing FS is ill thought. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by commoditiesnig: 3:01pm On Aug 04 |
Mynd44:Oh okay noted. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by commoditiesnig: 3:02pm On Aug 04 |
SmartPolician:Truly said |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by flyinnizam(m): 3:19pm On Aug 04 |
Mynd44:nothing is standard in Tinubu's regime. he can change anything unchangeable. He is a tyrant. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Spandau: 3:40pm On Aug 04 |
Nairalander248:Oga, between 2012 and 2022, things got really, really bad. Especially from 2015 till 2022. So you can't use the same yardstick to measure what we have now. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Nyahabingi: 3:50pm On Aug 04 |
Chinkoalhaji34: So Peter obi is really your problem.. You stink of foolishness |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by adanny01(m): 3:52pm On Aug 04 |
membranus: No, I did not forget, it is half of the problem. If you check the post I made after this one, you will see I mentioned both. I mentioned the duo, subsidy for petrol and fixed fX. Both of them are subsidies. Yes Buhari had gulped a huge chuck of the Foreign reserve to these 2. But my point is, these 2 are not the main problem. These 2 are like a bucket used to fetch water. Imagine the bucket having 1000 little holes. What you need is water. These holes releases the water back to the well. If refineries are working, we mine our crude, send to refineries, they produce all petroleum products locally. What else do we need dollars for? Only to import cars, machinery and things we don't produce. Instead what are we doing, the entire FX we earn goes to buy petrol. Petrol is not the only thing on subsidy. Fertilizer too. How can we farm without fertilizer? The fixed FX rate, we subsidize for those who need it, who needs it? Only the wealthy. Why do you think the black market exist? Because there is an unending demand. They take their stolen Naira to buy the subsidize dollars. Imagine dollar officially at N450 but black market is 750. That means government is paying N300 to keep our economy stable. What do the wealthy do?Round tripping. Take N5billion to CBN, they give the wealthy man 11mill dollars at N450 who takes it back to black market and sells at N8.3billion. That's 3.3 billion of Nigeria's money in one man's pocket in a day. Several other ways these subsidy ends up in a person's pocket. But you can't throw a baby with the bath water, you do what, keep the baby and throw out the dirty water. You stop the fixed FX subsidy, the FX market gets pushed around like football. That's what is going on now. The real problem again is not fixing the FX or other subsidies, it is those who use the system to make serious money out of it. You stopped subsidy, the bill of their corruption gets passed down into the final price of petrol or the dollar rate, hence inflation and economic disaster. Penny wise pound foolish. What has the removal achieved nothing. What's the way forward? Refine our own crude. We automatically kill all those bastards looting us dry. What we earn stays in our pocket. We revive education and health, we stop going out and the dollar bills only come in and not go out. Industrialization and agriculture will automatically set in. That first kick is what they won't allow, latest news is that NNPC is looking for crude backed loan. Crude they are supposed to give Dangote. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Nairalander248: 4:01pm On Aug 04 |
Spandau: You need to sit down and rethink before you Mt me.. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Spandau: 4:05pm On Aug 04 |
Nairalander248:You need to sit down and rethink before you Mt me.. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by eepeepook: 5:08pm On Aug 04 |
The problem wey pain me for ribs na the change of national anthem. I know the solution to government hardship; employment for majority of family members in a household. Everyone contributes for the betterment of the unit. Adopt that and no government can frustrate you. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by brainhgeek(m): 5:15pm On Aug 04 |
If truly subsidy is gone, it is a smart move |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by MrUIA: 5:49pm On Aug 04 |
Kuginzi:
|
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by maasoap(m): 5:50pm On Aug 04 |
adanny01: We told the people who listened that the problem which is corruption is still there. Remove everything, every subsidy, if you don't fight corruption, we will be getting the same results |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by Iamanoited: 7:13pm On Aug 04 |
NO. YOU CAN'T RETURN FUEL SUBSIDY. THAT WILL BE ABDICATION OF PRESIDENTIAL POWER TO THE PROTESTERS. LIKE RICE GIFTS, WORK THROUGH DANGOTE TO REGULATE FUEL AT N500 PER LITER, KEROSENE AT N500 PER GALLON AND DIESEL AT N600 PER LITER. ORISA37 ALSO TAG NAIRA AT N500 : $1. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by biggie73(m): 7:30pm On Aug 04 |
This guy needs Shagari treatment. |
Re: Tinubu Rules Out Return Of Fuel Subsidy, Says Decision Painful But Necessary by MasterTeeUSA: 12:50am On Aug 05 |
Crude is sold in dollars...and PMS is received in dollars...like a swap with more crude for PMS. I am sure you hear landing cost and all...then NNPC begs the sale to N560 or so and marketers, the greedy ones sell for N800, N900 plus DMerciful: |
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