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2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:09pm On May 24, 2015 |
NATIONAL BROADCAST BY PRESIDENT GOODLUCK EBELE JONATHAN, GCFR, ON THE DEREGULATION OF THE DOWNSTREAM PETROLEUM SECTOR SATURDAY, JANUARY 7, 2012. http://www.vanguardngr.com/2012/01/subsidy-removal-read-text-of-president-jonathans-broadcast/ Dear Compatriots, 1. A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the declaration of a state of emergency in 15 Local Government Areas in four states of the Federation. That course of action attracted widespread support and a demonstration of understanding. With that declaration, government had again signaled its intention to combat terrorism with renewed vigour and to assure every Nigerian of safety. 2. The support that we have received in the fight against terrorism from concerned Nigerians at home and abroad has been remarkable. We believe that it is with such continued support that progress can be made on national issues. Let me express my heartfelt appreciation to everyone who has expressed a commitment to support us as we strive to improve on the country’s security situation, and build a stronger foundation for the future. The recent mindless acts of violence in Gombe, Potiskum, Jimeta-Yola and Mubi are unfortunate. I urge all Nigerians to eschew bitterness and acrimony and live together in harmony and peace. Wherever there is any threat to public peace, our security agencies will enforce the law, without fear or favour. 3. This evening, I address you, again, with much concern over an issue that borders on the national economy, the oil industry and national progress. As part of our efforts to transform the economy and guarantee prosperity for all Nigerians, Government, a few days ago, announced further deregulation of the downstream petroleum sector. The immediate effect of this has been the removal of the subsidy on petrol. 4. Since the announcement, there have been mixed reactions to the policy. Let me seize this opportunity to assure all Nigerians that I feel the pain that you all feel. I personally feel pained to see the sharp increase in transport fares and the prices of goods and services. I share the anguish of all persons who had travelled out of their stations, who had to pay more on the return leg of their journeys. 1 Like 2 Shares |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:09pm On May 24, 2015 |
5. If I were not here to lead the process of national renewal, if I were in your shoes at this moment, I probably would have reacted in the same manner as some of our compatriots, or hold the same critical views about government. But I need to use this opportunity as your President to address Nigerians on the realities on the ground, and why we chose to act as we did. I know that these are not easy times. But tough choices have to be made to safeguard the economy and our collective survival as a nation. 6. My fellow Nigerians, the truth is that we are all faced with two basic choices with regard to the management of the downstream petroleum sector: either we deregulate and survive economically, or we continue with a subsidy regime that will continue to undermine our economy and potential for growth, and face serious consequences. 7. As you all know, the subject of deregulation is not new, we have been grappling with it for more than two decades. Previous administrations tinkered with the pump price of petroleum products, and were unable to effect complete deregulation of the downstream sector. This approach has not worked. If it did, we would not be here talking about deregulation today. I understand fully well that deregulation is not a magic formula that will address every economic challenge, but it provides a good entry point for transforming the economy, and for ensuring transparency and competitiveness in the oil industry, which is the mainstay of our economy. 1 Like 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by 2cato: 1:10pm On May 24, 2015 |
If you believe that a lot of nigerian are too rich hence Subsidy must go click like . If you believe that a lot of nigerian are too poor hence Subsidy must stay click share 3 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:10pm On May 24, 2015 |
22. Let me assure Nigerians that every possible effort will be made to ensure that we march forward, with a collective resolve to build a Nigeria that can generate greater economic growth, create and sustain new jobs, and secure the future of our children. 23. This Administration will aggressively implement its programme to reposition and strengthen our economy, while paying adequate attention to the immediate needs of our citizens. 24. I assure you all that we will work towards achieving full domestic refining of petroleum products with the attendant benefits. 25. As I ask for the full understanding of all Nigerians, I also promise that I will keep my word. 26. Thank you. May God bless you; and may God bless the Federal Republic of Nigeria. Goodluck Ebele Jonathan, GCFR President Federal Republic of Nigeria January 7, 2012 Cc: lalasticlala 2 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by stevolinkon40: 1:11pm On May 24, 2015 |
Still reading |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Ezenwammadu(m): 1:11pm On May 24, 2015 |
6. My fellow Nigerians, the truth is that we are all faced with two basic choices with regard to the management of the downstream petroleum sector: either we deregulate and survive economically, or we continue with a subsidy regime that will continue to undermine our economy and potential for growth, and face serious consequences.The man who saw tomorrow.Those that was busy occupying Nigeria can now stand for years in other to buy over priced fuel 8 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by politricks: 1:11pm On May 24, 2015 |
Does this stop fuel from being scarce or expensive?. I wouldn't have had any problem with the subsidy of a thing if the money saved from it was utilised well. How many people were prosecuted for the subsidy scam? |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:12pm On May 24, 2015 |
The end result and reaction from the deceived. 1 Like
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Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by PassingShot(m): 1:13pm On May 24, 2015 |
The major mistake of GEJ then was the sudden removal of the subsidy without adequate sensitization of the nation. It was completely wrong for any government, more so a democratic one, to just wake up and announce to the whole nation that subsidy has been removed without having discussed the plan with the majority of the stakeholders. No one will accept it in their right mind! 5 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Nobody: 1:19pm On May 24, 2015 |
PassingShot: I totally agree. He may believe he acted in good faith, but in the eyes masses and common sense, it was wrong move at the time. I believe his PR team did some poor job there. Mr President isn't some callous and insensitive folk, but the inability of his administration to effectively communicate and persuade the masses to follow him was responsible for the widespread criticism and lampooning it received. 4 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by megacity: 1:23pm On May 24, 2015 |
PassingShot: even if he had tried to discuss it first, these same people would have said NO 13 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:25pm On May 24, 2015 |
How did we arrived here: Sudden disappearance of Petroleum products in all Petrol station across Nigeria ? |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:27pm On May 24, 2015 |
megacity: Absolutely! 5 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by ITbomb(m): 1:28pm On May 24, 2015 |
2cato:You got it all wrong. Lot of Nigerians are poor but subsidy staying only make the rich cabal richer and the poor masses poorer. Subsidy must go. 10 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by atlwireles: 1:30pm On May 24, 2015 |
Firefire, Nigerians deserve a full douse of suffering Is not going to get any better. We refuse to make decision in our best interest, that's why we are where we are. 2 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by revolt(m): 1:30pm On May 24, 2015 |
NO O WE MUST STAY WITH SUBSIDY....SENSITISATION KO....IF PPL LIKE US WERE AWARE OF THE NEED TO REMOVE THE SUBSIDY THEN NO ONE HAS NY EXCUSE. ITS THE SAME REASON A LOT OF YOU WERE SHOUTING CHANGE. 2 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by PassingShot(m): 1:30pm On May 24, 2015 |
megacity: We cannot sit here and assume what might have been. Nothing is done that way. If he had called the major stakeholders into a meeting to discuss the plan; if he had used the NOA to sensitize the populace through radio and TV; if he had done many ground work to make many key opposition parties key-in; the protests that erupted would not have been that effective (if there was any) as many of those key players would have seen reason with him on the need to remove the subsidy. Even during the military regime of IBB and Abacha, there were some sensitization to major developments before they'd go live. 1 Like |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:31pm On May 24, 2015 |
ITbomb: With the useless subsidy, Nigerians are buying fuel at minimum of =N= 150 and up to =N=250 per litter from fuel pump and up to =N= 500 per litter from pipeline vandals and black market agents. Do will still continue with this FRAUD ? NO! 1 Like |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by atlwireles: 1:34pm On May 24, 2015 |
revolt: NO O WE MUST STAY WITH SUBSIDY....SENSITISATION KO....IF PPL LIKE US WERE AWARE OF THE NEED TO REMOVE THE SUBSIDY THEN NO ONE HAS NY EXCUSE. ITS THE SAME REASON A LOT OF YOU WERE SHOUTING CHANGE. You have my vote, there was no protest in my area during the 2012 removal , just wait and see what will happen, if these alamjirs mess with the subsidy payment. They have all turned patriots since 28 march. 3 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:35pm On May 24, 2015 |
atlwireles: We need God's intervention in Nigeria! |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by atlwireles: 1:36pm On May 24, 2015 |
Firefire: God left Nigeria a long time ago, this is the devil's kingdom. 1 Like |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Nobody: 1:39pm On May 24, 2015 |
Firefire: Bro, God doesn't build nations. He's been intervening in our affairs for years, but we're NOT doing our part. That's the problem! We are almost only preoccupied with the gains of the moment without sparing a moment's thought for the future. In 2012, GEJ tries to do the painful but right thing, but he was resisted and given names. The cabal, like noblezone wrote on a thread, deceived the gullible; and here we are still dancing around the same issue. 1 Like 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Super1Star: 1:41pm On May 24, 2015 |
The question is What can GEJ used to justify the subsidy he removed? The people protesting were right after all. Though I was in support of total deregulation. 3 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:41pm On May 24, 2015 |
atlwireles: I see your point. BUT: The steadfast love of the Lord never ceases; his mercies never come to an end; they are new every morning; great is your faithfulness of Lord. For now, Nigeria belongs to us until we decide to part. |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Nobody: 1:42pm On May 24, 2015 |
Firefire: By now we would have been enjoying regular supply of PMS , but the gullible scuttled the process, and thereby postponed the sufferings! 1 Like 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Super1Star: 1:43pm On May 24, 2015 |
dearpreye: The cabal did not deceive anybody. Has GEJ punished any member of the cabal despite their indictment? What did GEJ do with that partial subsidy removal? Some people sat down and ate it as usual. Are the protesters not right after all? 4 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by atlwireles: 1:44pm On May 24, 2015 |
Firefire: Nigeria belongs to some, not us. 2 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Nobody: 1:44pm On May 24, 2015 |
There was partial subisdy removal. How were the funds generated from that ultilized? Truth be told, even if subsidy was removed, we would still be in the same situation. 2 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:47pm On May 24, 2015 |
dearpreye: Nigerians and posterity will be the judge of the wicked element holding Nigeria back. Give the dog a bad name and hang him syndrome was applied since 2012. Here comes the days of reckoning. 2 Likes 2 Shares
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Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Nobody: 1:47pm On May 24, 2015 |
Super1Star: Bro, GEJ lacks the power and provision to punish anyone; only the courts do that! Honestly, I'm not going to entirely blame the protesters for their action. .....but we're all feeling the hit now.... 2 Likes 1 Share |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Beremx(f): 1:47pm On May 24, 2015 |
atlwireles:don't forget to add you and your family among Nigerians who will suffer too. If subsidy has to go,the APC led government must put in place structures so as to make sure the severity of the removal of subsidy doesn't affect Nigerians. Nigerians have suffered since the beginning of the fuel scarcity saga. The suffering is just too much! 4 Likes |
Re: 2012 Subsidy Protest: Read Text Of President Jonathan’s Broadcast by Firefire(m): 1:47pm On May 24, 2015 |
sonOfLucifer: 1 Like
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