Remembering The Fuel Subsidy Removal Of 2012 - Politics - Nairaland
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Senate Asks Nigerians If They Should Invite Buhari Over The Fuel Scarcity (Pic) / Subsidy Removal: Nigerians Gear Up For Showdown Against Buhari / NNPC Pushes For Fuel Subsidy Removal (2) (3) (4)
| Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:17pm On Jan 02, 2015 |
Share your stories.  4 Likes |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by bbello28(m): 12:23pm On Jan 02, 2015 |
 bad day devil drank water...1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:24pm On Jan 02, 2015 |
Nothing was as heart- breaking as the death of Demola. One of the few people who lost their lives to the insurgence that follwed the removal. . Ayamlaykorn 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:28pm On Jan 02, 2015 |
Fuel subsidy removal stirs anger, protests JANUARY 3, 2012 BY OUR CORRESPONDENTS  Protests and anger on Monday greeted Sunday’s announcement of the removal of subsidy on petrol by the Federal Government. In Abuja, the Lagos, Ibadan, Kaduna and other parts of the country, Nigerians of diverse classes and economic status reacted angrily to the removal even as the price of petrol fluctuated between the N141 maximum price prescribed by the Petroleum Products Pricing Regulatory Agency and N200. Protesters were mobilised by a group known as Nigeria Unite Against Subsidy Removal, led by a former member of the House of representatives, Dino Melaye. Soldiers from the Presidential Villa under the command of the Commander of Brigade of Guards, Brig. Gen. Emmanuel Atewe, however, dispersed the protesters and arrested their leaders, including Melaye. Others arrested with Melaye were a journalist with Daily Trust, Abdulwasiu Hassan; Eze Nwagwu, Mbasekei Obono, Nasiru Magaji and Kalid Ismail. “It is also so unfortunate that the president did not have the executive and moral capacity to redirect the outcome associated with the decision. Amidst the protests, the Presidency on Monday insisted that the cost of petrol in the country remained the cheapest in spite of the astronomical hike in its pump price. Presidential spokesman, Reuben Abati, in an interview with journalists in Abuja on Monday, accused opponents of the removal as either mischievous or playing politics with the development. Abati said that Ghana also removed the subsidy on fuel last week without controversy. Asked if government considered the effect that the hike in fuel price would have on Nigerians who had travelled to their home states for the Yuletide, Abati said that leadership was not about populism. He said, “This particular announcement had been foretold. Government had prepared the peoples’ mind that in 2012 there will be no subsidy on PMS. The thing has been discussed on the radio, in the market and has been a topic in the public place. “Government did not say it will put the safety nets before removing the subsidy. What government said is that the N1.4 trillion that will be rescued from the budget will reduce borrowing, create revenue and that the money, when rescued will be used in the areas stated in the documents.” “When the President promised fresh air, we did not know this is the type of fresh air we are going to breathe in. it is very wicked for the Federal Government even to have done this on the first of January. “It shows that the President and the Federal Government indeed have graduated from being a weak government to a wicked government.” http://www.punchng.com/news/fuel-subsidy-removal-stirs-anger-protests/ 3 Likes |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Johnnyessence(m): 12:34pm On Jan 02, 2015 |
MissMeiya:Gej government av ever see that's so weak and wicked President he's a wicked President he should be vote out oooo. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:36pm On Jan 02, 2015 |
MissMeiya:Ayamlaykorn |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:39pm On Jan 02, 2015 |
[img]http://4.bp..com/-ou8S6jGhkSI/TwbmZMJIcHI/AAAAAAAAAXE/LSH4VVkripg/s280/passengers-stranded-at-moto-448x336.jpg[/img] Stranded passengers in Abia sell belongings to raise fares on january 06, 2012 at 2:45 am in news BY ANAYO OKOLI UMUAHIA—THE effects of the removal of subsidy on petrol has continued to bite harder in Abia State as some people who returned for the Christmas and New Year celebrations and are now stranded in their villages have resorted to selling their belongings to raise transport fare back to their various stations. Many people who had the celebration in their rural communities were surprised at the high cost of transportation when they came to Umuahia to board vehicles back to their places of abode. At least three men were seen at one of the luxurious bus parks in Umuahia trying to trade off their Black Berry phones at give away prices to enable them raise money to transport themselves back. “It is better I sell the phone and get back to resume my work than stay here and lose my job. Vanguard learnt that many people who are still stranded on account of the hike in transport fares have sold some of their items, ranging from wrist watches to telephones and even clothes to enable them return to their bases. Meanwhile, Governor Theodore Orji was said to have liaised with a transport company to ferry some Abians stranded back to their places. Those to benefit are people residing in Abuja, Lagos, Kaduna, Kano, Sokoto and other destinations.. ….As fares increase in Enugu By TONY EDIKE ENUGU— Commuters in Enugu State have continued to experience severe hardship on account of the removal of fuel subsidy as transport fares have skyrocketed. There has been astronomical increase in intra and inter state transport fares making it impossible for those who tralleved for the Yuletide to get back to their places of residence. Even civil servants who resumed work after the New Year holiday on Tuesday were finding it difficult to get to their offices owing to about 200 percent increase in transport fares. Ironically, the worrisome hike in transport fares which has forced many who travelled to remain in their villages, has led to a brisk business by transporters. Transport fare from Enugu to Nsukka which was N250 jumped to N900; a journey by luxury bus to Lagos jumped to N7, 000 from N3,000. In the intra city fares, a drop by bus which usually attracts N30 is now N100. Taxi drops are as high as N1,000 and N3,000 while Okada charges cut-throat fares. Enugu to Onitsha by bus which normally costs N350 now costs between N1,200 and N1,500. In the same vein, mass transit buses from Enugu to Abuja which costs N2,800 before the subsidy removal, now costs N7,000 just as bus fare to Port Harcourt which was N800 now costs between N2,500 and N3,000. http://www.vanguardngr.com/2012/01/stranded-passengers-in-abia-sell-belongings-to-raise-fares/ 2 Likes |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 1:00pm On Jan 02, 2015 |
Nigeria's Rocky Effort to Wean Itself From Subsidized Fuel  By Bolanle Omisore in Lagos For National Geographic News PUBLISHED MARCH 7, 2012 The fierce protests over fuel prices that rocked Nigeria in January have subsided, but the effects of a rollback in subsidies are still keenly felt, at the gas pump and beyond. President Goodluck Jonathan delivered an unwelcome New Year's Day surprise to the public when he announced the elimination of Nigeria's fuel subsidy, which kept gas prices artificially low, at about $1.50 per gallon (40 cents per liter). In short order, fuel prices more than doubled. "When they removed the subsidy, I immediately had problems filling my tank," said Bola Thomas-Davis, a pharmaceutical sales representative in metropolitan Lagos (map). "My coverage area is really wide; I have to visit places that are all over. Before, I never had to think about gas, but now, I haven't been to the farthest outposts in two months." The price hike sparked protests and a general labor strike in a country already reeling from Christmas Day church bombings perpetrated by Boko Haram, an Islamist sect based in Nigeria's majority-Muslim north. After several days of unrest, President Jonathan partially restored the subsidy, which eased the price hike but left prices still about 50 percent higher than they had been before. Church-bomb attacks have continued, and so has the economic strife. For Thomas-Davis, and for the remote villagers who depend on his deliveries of antibiotics and anti-malaria drugs, the rise in fuel costs is a crippling development. "The company gives me 6,000 naira ($38) each month for fuel," said Thomas-Davis, who makes his deliveries from the Lekki area of Lagos on a motorized tricycle. "1,200 naira ($8 ) fills the tank, and if you visit 16 clients a day, you'll need to fill the tank the next day." Now that his fuel allowance is gone within the first week of the month, Thomas-Davis must dip into his 300,000 naira ($1,900)/month salary to pay for fuel to make his deliveries to areas up to 80 kilometers (50 miles) away. "The problem starts at filling your tank, but it doesn't end there. Fuel affects everything you can think of in one's life," he said. Subsidies: Popular, but Inefficient Though they are meant to shield a nation's poorest people from price volatility, fossil-fuel subsidies often fail to meet that objective. "Only 8 percent of the $409 billion spent on fossil-fuel subsidies in 2010 was distributed to the poorest 20 percent of the population," said Fatih Birol, chief economist at the International Energy Agency (IEA). "[This] demonstrates that they are an inefficient means of assisting the poor." In Nigeria, much of the subsidized gasoline generates profit for smugglers, who sell it at a higher price to neighboring countries. A legislative committee investigating the subsidy program noted that of the 59 million liters (16 million gallons) per day Nigeria imported, only 35 million liters (9 million gallons) were consumed within the country. Nigeria's fuel subsidy cost its economy $8 billion in 2011, more than double its estimate for 2010, according to the IEA. President Jonathan said the money saved by cutting subsidies would be used to develop the country's nascent infrastructure. But in a country where a majority of 170 million residents live on less than $2 per day, the immediate hardship of price hikes eclipsed any potential long-term benefits. "The pure economics argues for removing subsidies," said Darren Kew, an expert on Nigerian policy and executive director of the Center for Peace, Democracy, and Development at the University of Massachusetts Boston. "But it's flying in the face of the reality on the ground." The International Monetary Fund has also signaled its support for Nigeria's subsidy reform, and the fact that Jonathan's announcement occurred just days after a meeting with IMF chief Christine Lagarde led to speculation about the IMF's role in the decision. "There was certainly a foreign policy motivation at work behind the elimination of the Nigerian subsidy," Kew said. "The IMF is seen as an important potential partner for a number of reasons. I don't know all the motivations, but one was to demonstrate to the IMF that, 'Indeed, we are going to follow through.' " Breaking Tough News It could be argued that Nigeria represents a textbook case of what not to do when rolling back fuel subsidies. Though the government had been holding consultations on the matter before the end of 2011, "most people consulted didn't support the idea," according to Chinedu Nwagu of the Nigeria-based human rights organization CLEEN Foundation. "The government was to continue the broad consultations. It was thus a big surprise and an unwelcome new year's gift when the government announced the subsidy removal on New Year's Day." "What Nigeria really had was a public relations problem," said Rolake Akinkugbe, an oil and gas specialist at pan-African Ecobank and West Africa expert. "There was no constructive dialogue about the government's plan and there was no substantive communication about timelines. The real issue is good governance." In addition to the abruptness of the announcement, the Nigerian government had not established any means of helping those hardest hit by the price increases. Nigeria's Federal Ministry of Finance did create the Subsidy Reinvestment and Empowerment (SURE) program, which promised safety net measures including health services for women and children, public works and youth employment programs, urban mass transit schemes, and vocational training—but the programs were not in place in January, and are reportedly being reevaluated. (The IMF did note the need for these "social safeguards" in its consultation with Nigeria.) "Truth is, the government has built for itself a reputation of failed promises, and almost two months after the removal of the subsidy, little or nothing has been done," Nwagu said in February. Nigeria is certainly not alone in its predicament; other nations have faced major resistance to subsidy rollbacks. Bolivia suffered a similar crisis in 2010. But other countries have made a smoother transition to deregulation. Since 2003, Gabon, Cameroon, Central African Republic, Mali, Burkina Faso, Ghana, Uganda, Mozambique, Madagascar, and Senegal have all removed or reduced their subsidies without the violent protests seen in Nigeria. Each of those countries had plans in place long before the subsidies were cut to mitigate the economic effects of the change. For example, when Ghana increased domestic fuel prices by 50 percent in 2005, the government simultaneously eliminated fees for elementary and middle school, and made extra funds available for primary health care programs in the poorest areas. Also, mass transit systems in urban areas were expanded and expedited, according to research by Sanjeev Gupta of the International Monetary Fund. Gabon and Mozambique introduced cash payments to the poor and provided free water and electricity to the poorest households, among other measures. http://news.nationalgeographic.com/news/energy/2012/03/120307-nigeria-tries-to-end-fuel-subsidy/ 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by dguyindcorner(m): 1:03pm On Jan 02, 2015 |
It was the day transformation really began in this country. GEJ is working! Nigerians are starving!! It's anybody but GEJ for 2015 because Nigerians need a visible performer for the masses not the one working for the cabals!!! In conclusion Nigerians need to CHANGE this Government most especially the one at the top. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by apoti(m): 1:12pm On Jan 02, 2015 |
Pastor Sam Adeyemi speaks on fuel subsidy protest in 2012 https://www.youtube.com/watch?v=2F-7FWqc1lY |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 1:19pm On Jan 02, 2015 |
apoti: Can you summarize? What did he say? 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 8:06pm On Jan 02, 2015 |
Lol. I was serving then in the bank. The state I was serving in didn't have so much protest. But I remember all the funny pics on bbm. Wish i could still lay my hands on some. I still don't know how the semi-removal of the subsidy has positively affected Nigerians, despite all their propaganda then, telling us that it's for the "betterment" of the whole populace. Chaff. 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 12:08am On Jan 03, 2015 |
Till ur accounts on NL are up to a million, you won't grow faint ma'am. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by ireneony(f): 2:08am On Jan 03, 2015 |
op you know nothing about politics.....so just keep shut and stop spewing rubbish |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by iamord(m): 12:43pm On Jan 03, 2015 |
lol! That period was crazyy! I happened to be in the country when that happened! I did not expect it to be that serious! Everything around where I reside was on gridlock! And hyper boring! The moment that called it off for the time being a ran out !!! Although it affected the masses , I feel they should have put more seriousness on it and consolidated on it . Instead they turned it into a jamboree! |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by jpphilips(m): 9:15am On Jan 14, 2015 |
ireneony: What do you know about politics? because you run a sub standard blog site makes you a political genius abi? 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by ireneony(f): 10:09am On Jan 14, 2015 |
jpphilips:where did I claim that I have a standard blog..am still learning.. What's your point |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 10:16am On Jan 14, 2015 |
ireneony: So she knows nothing about politics because u've been playing politics with ur "oversized congo" since 1960, just like our new OPEC Sec-Gen? Pls Enlighten me more. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Bruteforce1o1: 10:27am On Jan 14, 2015 |
[s] ireneony:[/s] 1 Like
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| Re: Remembering The Fuel Subsidy Removal Of 2012 by ccollins(m): 10:29am On Jan 14, 2015 |
One of the worst tragedies I experienced and made me hate the man GEJ, would never forget that day.. Am still angry about the whole thing anyway |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by ireneony(f): 10:29am On Jan 14, 2015 |
op knows nothing about politics |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 10:52am On Jan 14, 2015 |
ireneony:Lol. You got an award for the most controversial Romance poster for 2014. I believe you just embarked on a journey to be awarded Politics' too this year. Nice one  . I don't even know what your posts have to do with the topic. OP is posting newspaper articles and you're talking about knowing something about politics. Does someone need to know about politics before they can post newspaper articles?  What  I just replied a troll  Ayamlaykorn 1 Like |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by ireneony(f): 11:08am On Jan 14, 2015 |
laykorn:last time I checked, I registered 2013 while you registered late 2014...u don't have a say in this, u are still a new comer trying to get noticed.. Poor guy looking for acceptance.....i laughed, you are a real troll...imagine someone that registered yesterday telling that has been here for long a troll. Guy I pity your life, nobody knows ur moniker here, that why whenever you made a statement u trying putting your name so that people will notice u... Poor guy looking for acceptance.... At least people know me...i have a pix on my profile, google my name you will see all my identities but you nobody can find your identity..which make you a troll. Better go check the dictionary for the meaning of troll. Poor guy |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by joseph1832(m): 11:10am On Jan 14, 2015 |
ireneony:And I believe you know many things about politics right?. Well since you do kindly give us a vivid description of what the word politics entails, remember to quote notable scholars who contributed immensely to the definition of the word politics. Your definition should be based on empirical facts not just mere opinion and hearsay. Mind you this is not romance section where uninformed opinion that has no empirical backing fly from left, right and centre. Ireneony I look forward to your analysis!. You have the floor of this thread. 1 Like 1 Share |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by joseph1832(m): 11:14am On Jan 14, 2015 |
ireneony:I know him, I can attest to his abilities, so do a host of others. He has a face, not just a face, a lovely and bright brain as well!. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by kendrick9(m): 11:27am On Jan 14, 2015 |
joseph1832:u defending him as if he is ur gay partner |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by joseph1832(m): 11:29am On Jan 14, 2015 |
kendrick9:Dude you gay? 'Cause I know am not! So look else where please. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by kendrick9(m): 11:32am On Jan 14, 2015 |
joseph1832:there was no need for all those rubbish abt fine face,brain u just spewed... he's a grown guy,i'm sure he can defend himself. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by ireneony(f): 11:34am On Jan 14, 2015 |
joseph1832:tell that to my dog |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by joseph1832(m): 11:36am On Jan 14, 2015 |
ireneony:I'd rather tell it to your beautiful behind  . |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by joseph1832(m): 11:38am On Jan 14, 2015 |
kendrick9:Dude you don't know Laykorn so back tha f^ck up will you!. Be him a grown man or an infant! Laykorn is my Padawan and a master never deserts his padawan, NEVER!!!. |
| Re: Remembering The Fuel Subsidy Removal Of 2012 by Nobody: 1:50pm On Jan 14, 2015 |
ireneony: Wow! Nice essay. Just work on your grammar and you're perfect. Write more of these. It helps.  Next student ? Ayamlaykorn |
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