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Nairaland Forum / Nairaland / General / Politics / President Tinubu Must Maintain His Economic Policy (839 Views)
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President Tinubu Must Maintain His Economic Policy by JAMO84: 6:49am On Feb 10 |
The Nigeria Economy is in shambles, inflation is high, the Naira is on a free fall, no thanks to the President's twin decision of petroleum subsidy elimination and floating of the Naira. Ordinarily, one would have loved to have subsidies back, but considering we've been down this road before, and the experience wasn't palatable; the corruption and resources wastage associated with Petroleum subsidy and forex management must continue to belong to the dustbin of history, we must move on, no matter what. However, I understand we don't have problem with Naira liquidity like we have with dollar and other foreign currencies. Elimination of subsidies means the government now have more money to spend on the people, therefore, the government at all levels must do everything possible to help the poor and the vulnerable get through this hardship. In all of these, I am only worried about the less privileged, not the greedy rich and middle class who want to get richer, nor the election sore losers and their cult - like followers who think their candidate alone has the right to be President, despite being a collosal failure in his previous time in public office. SUBSIDY IS GONE, AND GONE IT MUST REMAIN 16 Likes 3 Shares |
Re: President Tinubu Must Maintain His Economic Policy by MadamExcellency: 7:11am On Feb 10 |
Nigerians were subsidizing FG's power generation in the country by 100 MWatts of electricity from generators and as such FG has no right to pull the rug on immediate fuel subsidy removal without providing the alternatives. The attendant cost of immediate subsidy removal is terrible for manufacturing, processing, and packaging companies including the cost of food transportation. |
Re: President Tinubu Must Maintain His Economic Policy by nothingspoil70: 7:12am On Feb 10 |
No going back 3 Likes 1 Share |
Re: President Tinubu Must Maintain His Economic Policy by Shikini: 7:12am On Feb 10 |
OP, you rubbished your own thread with that last paragraph. You derailed it with same hateful comments you accused others of. Why can't you guys ever maintain constructive and educative arguments? . 10 Likes 3 Shares |
Re: President Tinubu Must Maintain His Economic Policy by Jflex07(m): 7:13am On Feb 10 |
Tinubu urrchins think they are smart.lol 7 Likes 1 Share |
Re: President Tinubu Must Maintain His Economic Policy by Nvestor02: 7:14am On Feb 10 |
Tt |
Re: President Tinubu Must Maintain His Economic Policy by Racoon(m): 7:15am On Feb 10 |
Suddenly zombies that have gone mute due to severe ebi npa wa ravaging their enclaves decided to do a lamentation and consolation dirge? Does Tinubu have any viable economic policy before( Lagos case was just a debt burden during his stint) or it is the Hope-93 manifesto that is not in tandem with the economic realities of the 21st century that he criminally plagiarised? So fuel subsidy was indeed an undesired economic evil that ought to be done away with? Yet the same Tinubu that the zombies are cheering on today vehemently kicked against the removal of same in 2012? You people are indeed wicked sophisticated idiots 7 Likes 2 Shares |
Re: President Tinubu Must Maintain His Economic Policy by Coolestguy2023: 7:29am On Feb 10 |
You are correct. But some idiots will still insult you. People that have been doomed for life to wail, cry and lament like demented clowns 4 Likes 1 Share |
Re: President Tinubu Must Maintain His Economic Policy by Racoon(m): 7:31am On Feb 10 |
The Nigeria Economy is in shambles, inflation is high, the Naira is on a free fall, no thanks to the President's twin decision of petroleum subsidy elimination and floating of the Naira..... Elimination of subsidies means the government now have more money to spend on the people,Yes! Subsidy must go but what are the shock absorbing measures in place to cushion the effects. Free floating the naira is one of the most disastrous policy ever taken taken by the grab and snatch master. One of the biggest lie of subsidy removal under this useless government is that subsidy removal makes resources available for the masses because everything about it is being embezzled by the wicked burgeoning class especially the criminals in government. The current economic reality is a clear case. So being itchy and twitchy while being moved by white heroin is not political sagacity or sophistication. 4 Likes |
Re: President Tinubu Must Maintain His Economic Policy by KillahPriest: 7:32am On Feb 10 |
Racoon:don't bother yourself with propaganda pieces from agbado bandits, they're paid to be stupid and can't defend whatever they post intelligently for five minutes. Are we not seeing in HD the outcome of their crazy choices ? Let's sit back and relax ![]() 6 Likes 2 Shares |
Re: President Tinubu Must Maintain His Economic Policy by Odin13: 8:53am On Feb 10 |
Yoruba man and his “ sense” .. .., after all your gibberish.. las las .. you’re worried about the poor Nigerians that is over 89% of the population.. and not bla’s.. What then is the clueless Yoruba god Asiwaju doing in asorock? Pleasing the remaining 11% with his clueless stupidity? Oga go sleep .. 2 Likes |
Re: President Tinubu Must Maintain His Economic Policy by Treadway: 9:24am On Feb 10 |
JAMO84:have sense! Subsidy is still being paid. He messed everything up so bad, and what is more pathetic is at the end of the day, subsidy is still being paid on petrol. Why has LPG gone to 1300, and diesel also but petrol has remained unchanged for over 6 months? In all your getting, get sense! 5 Likes |
Re: President Tinubu Must Maintain His Economic Policy by ayokellany: 9:26am On Feb 10 |
You are lucky because Nigeria is a crude oil producing nation if it wasn't I wonder what your argument will be but it is understandable you are Igbo so one can understand why you argue how you did. MadamExcellency: 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by ayokellany: 9:28am On Feb 10 |
The last paragraph is a very cogent point of the discuss. Only fools n lunatics will not want Nigeria to know that if Peter Obi who failed totally in every sphere of governance in Anambra was president Nigeria today will be worst off. A good example is you telling Nigeria what economic policy as Tinubu administration taken that is not sensible or aim at uplifting the economy then we can go from there. I don't know why some foolish Nigerians believe they can criticize anyone be they in government like Adeboye Soyinka etc but find it repulsive when an oloriburuku cursed bastard n criminal like Peter Pandora. Obi who looted his soul to death when he governed Anambra is criticized. Isn't that madness ? Shikini: 4 Likes |
Re: President Tinubu Must Maintain His Economic Policy by GoodLife4live: 9:43am On Feb 10 |
Shikini:the message hit you hard.... u are of those AGULU thief supporter that always want failure for the president 4 Likes |
Re: President Tinubu Must Maintain His Economic Policy by Fibonacci88: 9:58am On Feb 10 |
Zombies don receive credit alert. They were mute for months even crying ebi kpa wa now they have suddenly found Thier voice opening stupid threads up and down. No worry that una 30k go soon finish back to square one |
Re: President Tinubu Must Maintain His Economic Policy by blacknp(m): 10:03am On Feb 10 |
Racoon:It is only the myopic lazy minded citizens that expect an economical miracle overnight. Even the Almijiris on the streets In Kebbi, jigawa, yola are expecting a miracle overnight. Some oblivious minded things want to graduate from University with a Bsc in 1 year. 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by ZombiePUNISHER: 10:04am On Feb 10 |
nothingspoil70: From using 500m to inaugurate cronies who will discuss minimum wage implementation.. Zombies are irredeemable 2 Likes 1 Share |
Re: President Tinubu Must Maintain His Economic Policy by ZombiePUNISHER: 10:06am On Feb 10 |
blacknp: So you think sharing 1b to a 37 member panel is what will revamp the economy.. Tinubu has nothing to offer 2 Likes 1 Share |
Re: President Tinubu Must Maintain His Economic Policy by blacknp(m): 10:08am On Feb 10 |
ZombiePUNISHER:Go ask your state government what they have put in place for you. You don’t expect me to be in the same category with the Almijiris in Gombe, & Birin Kebbi etc waiting for The Federal Government to come to your rescue. 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by blacknp(m): 10:10am On Feb 10 |
ZombiePUNISHER:Yet your name has Zombie in it? 2 Likes |
Re: President Tinubu Must Maintain His Economic Policy by Kukutenla: 10:53am On Feb 10 |
JAMO84:Gone where How much did you buy fuel 6 months ago and how much are you buying it now? Is the value of naira that same with 6 months ago You just wrote a truckload of sludge 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by plumcomm: 11:03am On Feb 10 |
Racoon:only zombies are hungry,obodients are buying from a different commodity market at cheaper and subsidized prices.retarded people most of who cant even afford to travel for the last end of the year as usual,shishi dem no see to send for their parent for village...they be forming that they are immuned to the current economic situation,reality no dey ever show una face until una die. |
Re: President Tinubu Must Maintain His Economic Policy by ZombiePUNISHER: 1:59pm On Feb 10 |
blacknp: I punish zombies for a living.. Any supporter of Tinubu is a zombie 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by BBIA: 2:07pm On Feb 10 |
ZombiePUNISHER:Rainy season is coming ![]() I will eat fresh agbado, roasted agbado and pear ![]() 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by slivertongue: 2:17pm On Feb 10 |
Shikini: They only have banter to offer. They supported Buhari who left Nigeria worst than he met it yet they blame the opposition. soon the poor and hungry will answer them 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by Stanleymaster1: 2:36pm On Feb 10 |
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Re: President Tinubu Must Maintain His Economic Policy by Max24: 2:41pm On Feb 10 |
Obis supporters are all motion without movement. They don't have any viable alternative solution to current economic issues. They don't even understand the dynamics. They are only arm-chair illiterate critics. They see a nonachiever like Obi as hero when he has no legacy project for any to see. On the contrary the blue and red rail, Dangote refinery, Lekki deep sea port are all Tinubu's brainchildren that are today coming to light. Their hero, Obi, was in pampers when Tinubu was conceptualizing all those legacy projects which these same people claim were not possible. Today, they have been proved wrong. They would be proved wrong again. 1 Like |
Re: President Tinubu Must Maintain His Economic Policy by Validated: 2:57pm On Feb 10 |
OP subsidy is NOT gone. How do you think that a litre of petrol sells at about $1.00 yet you that is not refining is buying at N580? It is like you see Fendi shirt online for $10 but in Nigeria it is selling for N5800 when $1 is N1470 Either the trader is mad or he is selling you a fake or better still he want to fold up. |
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