This is a very hard task to accomplish! it is more easy to fool someone than to convince them they're being fooled after they've already believe a lie. I will still try.

I made a post and I said nobody under heaven can argue with me that subsidies are bad, whoever says payments of subsidies are bad is either ignorant or devious and wants your downfall as an entity. Here's why....

You can not point a single country, not a single major country on earth that does not pay subsidies. You'd be surprised to know that even the richest people in the world today have their businesses and even wealth subsidized by their governments. Elon Musk would have never breakthrough with his electric vehicles without US subsidies, he would never have been so wealthy too without tax breaks and direct waivers and other government subsidies.

Today Chinese corporations, companies, industries can bring unimaginably massive returns to the country and government because of the literally trillions of dollars given out as subsidies to them. China today is a leader in electric vehicles cause of the government subsidies, and these industry has not even yet started making profit. China today are in battle with Western countries because the latter are too broke to compete with Chinese government subsidies to its industries.

Today many African countries are facing food shortages as Africa is the only continent in the world where government is totally not involved in any kind of subsidy payments to the farmers. They're left to rot, and rotting they really are. While the US, China, Russia and you insert any country, heavily subsidizes agriculture. Please do research on this and see!

Now let me explain a little how money and economy works....

Money itself is only paper, a branded useless printed paper. A country's brand for exchange. When a government gives out money as subsidies, businesses move well, seamlessly, faster, more robust. The economy moves and grows well and people become richer and more successful. Then, my people, that is when the government can tax these people and businesses and use the taxes for other purposes. We've seen the state of Nigeria today and the economy since this anti people, anti subsidies propaganda character took over.

Nigeria as a major oil producing nation should and most enjoy petroleum products at a very subsidized rate. At least petroleum products! But what really do Nigerians gain from the country? What other single government intervention has or can reach everyone, both rich and poor, urban and rural citizens, like subsidies through Petroleum or other government subsidies in general? No "palliatives" can match that!

The biggest enemies of African nations are the World Bank, IMF, the West and co. Subsidies is as old as any structured human civilizations, it has been in existence in many ways right from Adam and eve.

But the Western international monitory organizations, which their own countries pay subsidies, convinced Africa through massive brain washing, espionage and propaganda that subsidies are bad. But them giving politicians loans for allegedly distributing "palliatives" is what is good? But where are the "palliatives" they lie and borrow money for then?

You know someone is pure evil when they support "capitalism" but also try and convince you that subsidies are bad.

But we'll see who is right and who is wrong. Yet the reality proves I am not!

They say "Nigeria pays trillions in subsidies". So what?!
Nigeria pays nothing compared to these nations criticizing you for same thing.

They even say subsidies are used for corruption. Even if its kulikuli that's being being shared there will be corruption. You don't throw away the baby with the bath water.

"Oooh but the rich also benefit from subsidies that not good". Well are the so-called rich not Nigerians too? Do not these countries literally and directly subsidize their own "rich"?

Piece was great until you reached the part about money.
Subsidies when done well is a tool to outsmart your competitors and rivals. Ours is riddled with corruption and because the leaders benefit from it, the will to deliver corruption-free an effective subsidies is not there.

Very dumb post. Governments often subsidize production not consumption. You started your warped argument by saying anyone who doesn't agree with you is either ignorant or devious!
What a way to put your arguments forward.

RepoMan007:
Piece was great until you reached the part about money.
Subsidies when done well is a tool to outsmart your competitors and rivals. Ours is riddled with corruption and because the leaders benefit from it, the will to deliver corruption-free an effective subsidies is not there.

Black black bla bla! Oga you people should stop with the perpetual delusional argument! The ignorance is too showing! Why don't you tell me a single inch or corner of sector in Nigeria that is not corrupt? Tell one entity or person that is spotless and without "corruption"?!

Answer me then you can join this argument!

Guestlander:
Very dumb post. Governments often subsidize production not consumption. You started your warped argument by saying anyone who doesn't agree with you is either ignorant or devious!
What a way to put your arguments forward.

Anyone that is against subsidies is either ignorant or very staunchly devious with very nefarious hidden motives.
What do you produce that you want to subsidize? If any government can tax something they should be able to subsidize it.

You sound foolish. What if u find you're using 99% of your national income to finance loans used to pay subsidies. Rather, criticize the way the subsidy was removed.
Also countries pay farmers NOT to produce certain crops

LocalStandard1:


Anyone that is against subsidies is either ignorant or very staunchly devious with very nefarious hidden motives.
What do you produce that you want to subsidize? If any government can tax something they should be able to subsidize it.

You have no idea how and why it is used to start with. Who's ignorant now?

I am not here to win any argument with you. I was right more than a year ago about today's Nigeria and I am stiil very right twenty years from now without subsidies.

Argue with reality!

Subsidies are no luxury, they're a very vital part of any type of economy. Subsidies are like the jet fuel of any economy.

Without which Nigeria will never, never break the quagmire of this wheel of unproductivity, under performance and extreme poverty.

I promise you! Just bring back subsidies, in full, now and save this nation. This is how every success nation operates. And with well over 200 million people, majority very poor, Nigeria needs it far more than all these developed nations that do already pay it and will not stop.

People have a problem with “Subsidy is gone” and prices of products skyrocket while you’re still secretly paying subsidies and still denying it

Nigeria has a culture of "attack! attack!! attack!!!" It doesn't matter that they can see they're very wrong. Just "attack!"

I told them and argued about the reality today more than a year ago, one only met me a week ago to admit I was right and he was far from reality.

I even dreamt about this administration and posted it here almost two years ago. Don't blame me or insult me, some people just have the spirit of foresight.

Bye bye!!

I am an advocate of petroleum subsidy removal and ending Forex round tripping.But I now have a feeling of uncertainty after reading kperogi last article. Trans borders smuggling of petrol is almost non existence with the removal,but it has not translated to a better standard of life.
When we look at SAP introduction,naira devaluation and the dividends we were promised to expect,38 years after,more Nigerians now fall below the poverty line.
Not that I expect immediate success with Tinubu reforms. How are we sure it won't go the way of IBB SAP

https://www.nairaland.com/8187766/tinubus-reforms-nightmarish-cases-other

All these plenty grammar while we are all focusing on the wrong thing.. even the government loves the fact that that everyone is distracted..

The problem is the exchange rate.. we are not focused on that enough..

That's what messed up everything..

Nigeria are trying so hard to keep up with the fx rate..

We would all be having that discussion when we are ready..

🚶🏽‍♂️🚶🏽‍♂️🚶🏽‍♂️

Sound reasoning

E go touch everybody, directly or indirectly; even Mr President.

This was the same thing I said before fuel subsidy was removed and many Nigerians failed to see their lies..... Fuel subsidy was a vital tool that stabilized Nigeria's productivity especially the manufacturing sector.... This evil government headed by Tinubu were only out to destroy this country..... instead of implementing reforms to weed out the massive corruption going on within the subsidy programs, NNPC and petroleum sector, they deceived Nigerians by demonising the fuel subsidy program.... You cannot remove fuel subsidy or float the naira without fixing Nigeria's refineries or providing alternative measures that will cushion the effects of its removal.... what they did was literally to destroy Nigeria's economy..... this subsidy removal policy was one of the reasons why I did not support Obi, Atiku or any politician that was against it during the last election..... Only Sowore understood the damage that removing subsidies will cause to Nigeria's economy....

U dey enjoy

Peter Obi

LocalStandard1:


Black black bla bla! Oga you people should stop with the perpetual delusional argument! The ignorance is too showing! Why don't you tell me a single inch or corner of sector in Nigeria that is not corrupt? Tell one entity or person that is spotless and without "corruption"?!

Answer me then you can join this argument!

Bebigiby1:
This was the same thing I said before fuel subsidy was removed and many Nigerians failed to see their lies..... Fuel subsidy was a vital tool that stabilized Nigeria's productivity especially the manufacturing sector.... This evil government headed by Tinubu were only out to destroy this country..... instead of implementing reforms to weed out the massive corruption going on within the subsidy programs, NNPC and petroleum sector, they deceived Nigerians by demonising the fuel subsidy program.... You cannot remove fuel subsidy or float the naira without fixing Nigeria's refineries or providing alternative measures that will cushion the effects of its removal.... what they did was literally to destroy Nigeria's economy..... this subsidy removal policy was one of the reasons why I did not support Obi, Atiku or any politician that was against it during the last election..... Only Sowore understood the damage that removing subsidies will cause to Nigeria's economy....

I don't like the way you're responding to this argument. Even some old women in the village have been brainwashed to brelieved this outright wickedness. You have given the best and yet very simple explanation, but those who think it's well with them now won't agree with you.

Don't mind them.... the consequences of Tinubu's actions will go round as a bad economy knows no tribe or religion....

Dspsalvate:


I don't like the way you're responding to this argument. Even some old women in the village have been brainwashed to brelieved this outright wickedness. You have given the best and yet very simple explanation, but those who think it's well with them now won't agree with you.

Bebigiby1:
This was the same thing I said before fuel subsidy was removed and many Nigerians failed to see their lies..... Fuel subsidy was a vital tool that stabilized Nigeria's productivity especially the manufacturing sector.... This evil government headed by Tinubu were only out to destroy this country..... instead of implementing reforms to weed out the massive corruption going on within the subsidy programs, NNPC and petroleum sector, they deceived Nigerians by demonising the fuel subsidy program.... You cannot remove fuel subsidy or float the naira without fixing Nigeria's refineries or providing alternative measures that will cushion the effects of its removal.... what they did was literally to destroy Nigeria's economy..... this subsidy removal policy was one of the reasons why I did not support Obi, Atiku or any politician that was against it during the last election..... Only Sowore understood the damage that removing subsidies will cause to Nigeria's economy....

Honestly without at least a functional refinery, Tinubu should have know that removal of subsidy would cause more pains to Nigerian, having already at a cross road with the last regime of hike in prices of good and services. Sowore was the only Presidential candidate that has a robust analysis about subsidy removal. All Tinubu needed to do, is to re organize and strengthen nnpc and let them be the only importer of refined crude to the country and put in more effort to make sure the nation four refineries within a year is fixed. That is exactly what Sowore said. I voted for Sowore after that brilliant statement. I see him like the new Senegal president. If Nigerian's really what see the country move forward very well, then we don't need to recycle same faces as a leader. We need a very young and vibrant leader like Sowore who is fearless, audacious and radical Atiku and Obi would have toes same way with Tinubu because they all agreed to immediately end subsidy as soon as they are sworn in.

LocalStandard1:
This is a very hard task to accomplish! it is more easy to fool someone than to convince them they're being fooled after they've already believe a lie. I will still try.

I made a post and I said nobody under heaven can argue with me that subsidies are bad, whoever says payments of subsidies are bad is either ignorant or devious and wants your downfall as an entity. Here's why....

You can not point a single country, not a single major country on earth that does not pay subsidies. You'd be surprised to know that even the richest people in the world today have their businesses and even wealth subsidized by their governments. Elon Musk would have never breakthrough with his electric vehicles without US subsidies, he would never have been so wealthy too without tax breaks and direct waivers and other government subsidies.

Today Chinese corporations, companies, industries can bring unimaginably massive returns to the country and government because of the literally trillions of dollars given out as subsidies to them. China today is a leader in electric vehicles cause of the government subsidies, and these industry has not even yet started making profit. China today are in battle with Western countries because the latter are too broke to compete with Chinese government subsidies to its industries.

Today many African countries are facing food shortages as Africa is the only continent in the world where government is totally not involved in any kind of subsidy payments to the farmers. They're left to rot, and rotting they really are. While the US, China, Russia and you insert any country, heavily subsidizes agriculture. Please do research on this and see!

Now let me explain a little how money and economy works....

Money itself is only paper, a branded useless printed paper. A country's brand for exchange. When a government gives out money as subsidies, businesses move well, seamlessly, faster, more robust. The economy moves and grows well and people become richer and more successful. Then, my people, that is when the government can tax these people and businesses and use the taxes for other purposes. We've seen the state of Nigeria today and the economy since this anti people, anti subsidies propaganda character took over.

Nigeria as a major oil producing nation should and most enjoy petroleum products at a very subsidized rate. At least petroleum products! But what really do Nigerians gain from the country? What other single government intervention has or can reach everyone, both rich and poor, urban and rural citizens, like subsidies through Petroleum or other government subsidies in general? No "palliatives" can match that!

The biggest enemies of African nations are the World Bank, IMF, the West and co. Subsidies is as old as any structured human civilizations, it has been in existence in many ways right from Adam and eve.

But the Western international monitory organizations, which their own countries pay subsidies, convinced Africa through massive brain washing, espionage and propaganda that subsidies are bad. But them giving politicians loans for allegedly distributing "palliatives" is what is good? But where are the "palliatives" they lie and borrow money for then?

You know someone is pure evil when they support "capitalism" but also try and convince you that subsidies are bad.

But we'll see who is right and who is wrong. Yet the reality proves I am not!

nobody is saying subsidies are bad, subsidies are great if you can afford it.......Nigeria is not the only country to cancel subsidies on Oil and it won't be the last......

Subsidies are good for developing the national economy. They become bad when not properly channeled and get riddled with corruption.

Government ought to have tackled the corruption and inefficiency in pms subsidies.

in January 2012 the protest was about "Kill corruption not subsidy" but same people are silent now

I see arguments and counter arguments here

But imagine government investing these heavy trillions in more productive sectors like agriculture, tech and just picture the kind of development that will spring up in the country

Subsidy is good, but our leaders are so so lazy that they just want to be fed very fat and leave the citizens on their own

Now is the so called palliative not laden with massive corruption?

Even the ones that is intended for religious purpose😂

If our leaders were not this corrupt, subsidy is bad. Instead of buying private jet, invest in power and attract investors