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Nairaland Forum / Nairaland / General / Politics / FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje (25723 Views)
FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu / Garba Shehu: Using Tax From Herdsmen, Farmers To Subsidise Petrol Unfair / Borrowing To Subsidise Electricity Grossly Irresponsible -FG (2) (3) (4)
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Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Tellitasitis: 2:54pm On Sep 10, 2020 |
favor914: The information I shared here was aired today in Rhythm 93.7 Port Harcourt by a guest interviewed my Segun Owolabi |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Tellitasitis: 2:56pm On Sep 10, 2020 |
lekkymich: And the money will used to feed children in school. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Miracle1991: 2:57pm On Sep 10, 2020 |
PDJT:are you talking of the same person ipob was ready to die for in 2019? 1 Like |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by George999: 3:07pm On Sep 10, 2020 |
Kepler453:You are very correct! When GEJ tried to remove subsidy during his administration, he was seriously dragged. Now our so-called agent of change has done the same thing. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by George999: 3:09pm On Sep 10, 2020 |
spy24:strong point! |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by shadeyinka(m): 3:26pm On Sep 10, 2020 |
joelbooks:But when did they start paying subsidy on the elusive electric power and by how much? Who authorized it and on what basis? Are we subsidizing the Generation or the distribution of electricity? How much does it even cost to generate a unit of electricity and how much is it sold? Who determines appropriate pricing? These are some of the questions you should have asked before saying "Honest assessment"! |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by olmoRoc: 3:48pm On Sep 10, 2020 |
How can anyone subsidize darkness? |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Okoroawusa: 5:00pm On Sep 10, 2020 |
quiteboy:I wanted to ignore you but let me try n educate you because I can see that you just came of age. Now the subsidy regime under PDP n even beyond was fraudulent. We had an elite fuel importers that consisted of PDP chieftains,their children, wives,girlfriends n cronies. They collected subsidy claims for millions of metric tonnes of fuel they didn't import,share with corrupt government officials n pocketed the rest. It was a big business then as long as you knew people in government. Now Buhari came n stopped all that. NNPC became the sole importer of fuel.By NNPC I mean FG imports fuel,brings it to Nigeria at a higher price then sell it to you at #145. That is Under-recovery. No fuel importers,no subsidy payments. Do you now understand? |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by PDJT: 6:13pm On Sep 10, 2020 |
[s] Miracle1991:[/s] -IPOB doesn’t no he exists. -Cure yourself of illiteracy & susceptibility to crude yorooba muslim propaganda. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by spy24(m): 6:29pm On Sep 10, 2020 |
Esseite: You are making a solid point |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Miracle1991: 6:37pm On Sep 10, 2020 |
PDJT:denying what was obvious year in year out is the highest ladder of foolishness. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by PDJT: 6:46pm On Sep 10, 2020 |
[s] Miracle1991:[/s] -Take your 3rd world crass propaganda and stuff it where the sun doesn’t shine. -IPOB has nothing to do with your zoogerian local “politics”. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by quiteboy(m): 6:50pm On Sep 10, 2020 |
Okoroawusa:LMAO you are just replying me now because you have nothing to say. Hear yourself that the Buhari led government has not been paying subsidy, So what did they do just remove? The worst thing you can do to yourself is to lie to yourself. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by NGpatriot: 7:02pm On Sep 10, 2020 |
Yes, the FG can not keep subsidizing, it was a bad and counterproductive practice that they should have stopped a long time ago, but better late than never. Our real and number 1 problem is overboated government, we need to do away with presidential system of government. Right now, the government consumes 75% of the national budget as recurrent expenditure with little or nothing left for the rest of the country, capital projects and infrastructures, this is why we always have to borrow to do everything, even the 75% recurrent, we still have to borrow to fund it. Sadly, the FG is still creating new agencies and bureaucracy. 1 Like |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Nobody: 7:54pm On Sep 10, 2020 |
spy24: Totally agree. Recurrent expenditure, largely consisting of spending to sustain bloated governance, is damagingly too much in Nigeria. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Nobody: 8:07pm On Sep 10, 2020 |
Esseite: Great point. I'd wager that probably 70% of decent quality homes in Lagos Island and Lekki are empty. Really a sad story of the black man's idiocy, myopia and materialism. Many new and completed Estates have like 10% occupancy yet developers, likely fronts for political money and cash from ill-gotten-gains, keep building many more unaffordable Estates that are destined to be empty. This alone shows that majority of the problem of Nigeria is attitudinal. Why build more and more unaffordable luxury homes that will be empty for a long time in a nation ravaged by extreme poverty where the cash plunged into building these unneeded home can go towards socio-economic endeavors that deliver solutions for the myriads of problems facing Nigerians? 1 Like |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by gracechellar(f): 10:14pm On Sep 10, 2020 |
Karemarealty288:a Isn't he old...I have been hearing about jimi since 2007 when I was in high school. after PhD and you are still waiting for him. Where are the youths of Nigeria? |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by xeju: 11:22pm On Sep 10, 2020 |
lepagawu:you be learner. all this years you dey Nigeria you still they think about hope |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by grandstar(m): 12:10am On Sep 11, 2020 |
joelbooks: Unlike Atiku who bewailed the government's action, trying to sound populist. He will eat his words if he ever gets there. |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by Yusman316(m): 12:42am On Sep 11, 2020 |
spy24:Problem is, these changes requires constitutional amendment and u need the legislative arm of govt for that. And we all know the kind of legislators we have |
Re: FG Can No Longer Afford To Subsidise Fuel, Electricity – Jimi Agbaje by quiteboy(m): 4:27pm On Sep 11, 2020 |
Have you heard what the State Minister for Petroleum said about Subsidy of late? I think he should be your student as you are looking for who to school. Okoroawusa: |
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