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Nairaland Forum / Nairaland / General / Politics / Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi (10867 Views)
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Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Racoon(m): 7:48am On Oct 21, 2023 |
Sanusi is an evangelist of subsidy removal for the poor but has no problems with subsidies for the rich. He once spent 7m naira a month for internet and spent over N37 million on Airtel in 7 months!https://www.farooqkperogi.com/2023/10/tinubu-sanusi-subsidies-and-economics.html 10 Likes 4 Shares
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Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by adesegun121(m): 7:50am On Oct 21, 2023 |
Noted 1 Like |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Racoon(m): 7:50am On Oct 21, 2023 |
Notice that Sanusi is only appealing to the victims of his economic policy prescriptions to learn to “endure the hardship” the policies cause them. He never said anything about the Tinubu government’s unexampled profligate and corrupt expenditures.These elites are really the most wicked set of devilfish people on earth 18 Likes 3 Shares |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Racoon(m): 7:50am On Oct 21, 2023 |
“It’s injustice for anyone to blame the Tinubu administration for the current economic hardship because there is no other alternative than the removal of the fuel subsidy. After all, Nigeria cannot even afford to pay the subsidy. He placed the blame for the current downturn in the economy not on the removal of subsidies but on Buhari’s refusal to completely remove subsidies 3 Likes 1 Share |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Danegun777: 7:51am On Oct 21, 2023 |
If you attended Government Primary, Secondary or Higher Institution you have enjoyed educational subsidy If you buy food stuffs from farms that use subsidized fertilizer, you have enjoyed subsidy If you have used Government clinic and hospital in the past you have enjoyed Medical subsidy The simple truth is Nigeria survival is largely based on Oil and Gas Buhari already borrowed far more than we can comfortably service, and the Chinese want thier money back . 16 Likes 2 Shares |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by SALLYBERRY01(m): 7:52am On Oct 21, 2023 |
Farooq is a good writer I have been following him from twitter 3 Likes 1 Share |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by FalseProphet1(m): 7:53am On Oct 21, 2023 |
I see Peter Obi reclaiming back his stolen mandate form APC. Please nobody should quote me, I'm on the mountain. This I have seen. 7 Likes 1 Share |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by RingRoadMafia: 7:53am On Oct 21, 2023 |
Danegun777: What is this cuunt saying? 15 Likes |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Higherthan: 7:53am On Oct 21, 2023 |
Wait to see how some headless mob will masturbate on seeing tinubus name... 1 Like |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Dietlve: 7:53am On Oct 21, 2023 |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Parydelegate: 7:54am On Oct 21, 2023 |
Food |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by NOETHNICITY(m): 7:54am On Oct 21, 2023 |
I use to always hold special regards for Kperogi’s deep insights on issues. But the series of mistakes he made regarding Tinubu CSU certificate really made me begin to doubt his credibility and insight. He made several error base declarations, he retracted several errors and went back on them again, before finally taking position with the BBC fact checking report which declared that Tinubu never forged any documents 8 Likes 1 Share |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by WariBOQ: 7:54am On Oct 21, 2023 |
Racoon: |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Danegun777: 7:55am On Oct 21, 2023 |
RingRoadMafia: Your 👩👦👦 is the C***t |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Daisukee: 7:55am On Oct 21, 2023 |
See
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Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by ArmaniUhuru: 7:57am On Oct 21, 2023 |
Things are not working for the poor. While those that consider themselves as intellectual property are supporting anti public policies. 2 Likes |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by mrvitalis(m): 7:57am On Oct 21, 2023 |
All these tinubu paid writers sha Removing subsidy and floated of naira is the prescribed drugs yes but the method of administration of the said drug and dosage was completely wrong.... The right drug can kill you if administered wrongly As it stands now we are back worse than we were achieved absolutely nothing... Subsidy is back and naira is pegged... So what exactly did tinubu achieve? Solutions I stand with Peter Obi on his plan.. We need to do exactly what Zambia did 1) Restructure our loans-yes people would say this would worsen our loan payments long term... Yes I agree but here is the benefits Right now debt servicing to revenue is over 105%....we can restructure extand payment duration and reduce the amount of payment... If we can reduce payment obligations by 60% that would be ideal One of the things responsible for dollar scarcity is government mopping up dollars to service debt... If we succeed in the above that demand drops by 60% 2) Look for foreign lenders for stimulus package of say $15 billion to $25 billion - borrow more money? Absolutely yes ... But this loans would not be used for infrastructure payment of salaries or subsidy... This loan would go 100% percent to manufacturers that meets certain conditions at a good interest rate The conditions a) manufacturer must be manufacturering a product Nigerians import at a price not more than the landing cost of such a product... You must prove you can produce at that price or lower b) you manufacturer or produce goods Nigeria can export at a price lower than the international average price c) you import goods have distribution network and cab prove you can manufacturer same goods you import at your landing cost Loans would be given to Banks at 3% interest rate to loan at 10% interest rate Loans can only be used for expanding production Manufacturers are given 3 years breaks before loan repayment can start 3) use technology to track petroleum usage Egypt and many examples can be copied If we can get the real daily consumption which I believe is around 30 million litres daily [b]This is complex but I believe can be achieved... To talk about my proposed methods here would take too much time [/b] With the above done in 6 months to 2 years... A smart president would have saved enough reserve to then float the naira and defend it We might even find subsidy can be afforded 12 Likes 2 Shares |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by DMerciful(m): 7:58am On Oct 21, 2023 |
K |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Ola9ja23: 7:58am On Oct 21, 2023 |
Ok |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by JASONjnr(m): 7:59am On Oct 21, 2023 |
Racoon: What were you expecting them to be? Saints? |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by kennyz247(m): 8:01am On Oct 21, 2023 |
To much story on top subsidy matter.. |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by forgiveness: 8:01am On Oct 21, 2023 |
Atiku chasing shadow |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by wittywriter: 8:03am On Oct 21, 2023 |
Higherthan: FalseProphet1:Mountain Everest...lolz If subsidy is still been paid/restored why is the PMS price yet reversed to what it was before BAT/BAAT administration? Where is the excess trillions of the subsidy removal revenue/funds declared as generated? APCheats. Tianamen1:@Bolded Wittyness. |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by AntiChristian: 8:03am On Oct 21, 2023 |
It is easier for a man who is over hundred to regain his manhood than for Peter Obi to regain his Osubidient mandate! |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Kukutente23: 8:04am On Oct 21, 2023 |
Spot on |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Memphis357(m): 8:06am On Oct 21, 2023 |
How the GEJ administration managed to handle the economy despite all the crisis the world was facing needs to be studied. This senile old fool Nigeria has as its President will put the final nail on the coffin of Nigeria. |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by RECTEM: 8:06am On Oct 21, 2023 |
c |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by ShenTeh(m): 8:07am On Oct 21, 2023 |
Lol. |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by b3llo(m): 8:07am On Oct 21, 2023 |
Sanusi is a consciousless treasury bandit 1 Like |
Re: Tinubu, Sanusi, Subsidies And The Economics Of Empathy By Farooq A. Kperogi by Blake755: 8:07am On Oct 21, 2023 |
Abrakatabra government
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