richiemcgold:
It is almost running to 2 years, yet I've not seen any benefits of this oil subsidy removal. If there's any, someone should tell me pls.

If the subsidy has been removed, how much has Nigeria saved by removing the subsidy? Where is the money? At least that money should serve as proof that the subsidy has in fact been removed, right?

damola1:
Thought it was removed immediately president Tinubu became a CnC

Where is the money wey dem save from not paying subsidy so we can at least have proof that it was removed?

NewDea4:


Turns out you're not so smart after all

At all at all 🤦‍♂️

Chicagograduate:
What is the cause of subsidy payment to oil marketers in the first place?Is it not the failure of government to build and renovate the existing refineries that is causing fuel importation?
Dangote who built a private refinery to help stop importation of petroleum products so that all the costs that are associated in the importation of petroleum products like landing costs, demurrage, foreign exchange,taxes and even corruption,Tinubu doesn't want Dangote to operate freely because he also owns a private refinery abroad.What a shame to a man who claims to be a reformist.

Fact!!! But some people don’t want to open their eyes and see this 🤦‍♂️

Bebigiby1:


You can see how shallow Tinubu and some of his ministers are in the way they are managing the economy .... You removed subsidy because of over N10 trillion cost only to incure massive losses of over N30 trillion within one year.... Does this make sense?

According to Edun, subsidy had to be removed due to N10 trillion cost but since it was removed, Nigeria has lost more than N30 trillion as result of astronomical drop in direct foreign investments, job losses, massive drop in production and massive drop in GDP....

Nigeria remains an import dependent economy that lacks the critical infrastructure to encourage local production, CBN sustaining this policy of free floating the Naira currency is a recipe for disaster. What this means is that due to "market forces", the naira can crash to N5000 to $1 at anytime with no measures put in place to cushion it's effects on the economy.

Nigeria's fragile economy can not withstand sudden and random increases in the value of the Naira and energy costs, it cannot continue to absorb the incessant increases in fuel price with a resultant increase in unemployment as more businesses shutdown, prices of food continue to rise and insecurity spreads. It is glaring that these cruel policies will further destroy Nigeria's economy on the long run as Tinubu has demonstrated on several occasions that he does not care about the well-being of Nigerians. If he cared, deliberate effort should've been made to cut the cost of his government and fix one national refinery to further reduce the pressure on the Naira....

Nigerians need to take responsibility for the sorry state of the economy and massively protest the anti-people policies implemented by this callous government. If Tinubu and his government can not provide solutions to the incessant fuel price increases and the terrible state of Nigeria's economy, let him resign or be impeached to save the nation from impending doom.....

Best comment on this thread!!!
Omooo we have a long way to go ooo
The country seems to be taking backward steps only. Citizens don’t even understand again 🤷‍♂️
Forget all these elephant projects(true and false ones) they use to blind the masses and shift focus. The growth of a country is measured by the vibrancy of its economy, good governance and decent welfare/security of its people.

Nigeria as a country is confusing to everyone right now. 🤷‍♂️🤷‍♂️
Both rich and poor
You would expect after 60years there would be a shift in perspective and we would somehow be getting somethings right but noooooo
Omooo it’s just confusing. It’s not sane, it’s not healthy,

richiemcgold:
It is almost running to 2 years, yet I've not seen any benefits of this oil subsidy removal. If there's any, someone should tell me pls.

Same here I have never understood it….

blacknp:
Na true, in relation back to when your papa was a MiLAD also abi?

My dad was never a MILAD but their generation also added to the ruining of this nation.

Shadomaan7:
Good news. Let the palliative announcement come next

Lol

You guys really deserve all they do to you

Open your mouth make Dem shit inside quick

tundegan:
This is NOT a welcome development.

Okay

Afonja44:
Coneheads have nothing intelligent to offer
From one experiment to another

After using over three million flat heads for pepper soup and surya, I don’t expect anything that hatred and bitterness from you, and you have not disappointed