Mynd44:

Wrong.

I support removal of subsidy but inna country like Nigeria where public officers are not know for being accountable, I suggested it was continued and the reason is simple. The subsidy is the only way the people fells like the government is doing anything reasonable for them.

When the subsidy was removed(even partially), how has the money affected the people? What has changed? What has happened to the money saved?

How has the money affected the man on the street? We were told there will be palliatives and some silly buses where are they? Have you rode one before? Do you know someone who has?

If the money saved form the partial removal was used to fix just one refinery it would have been better. What has been done with the money?

Throughout the oil boom of last year what was done with the excess funds? Did we build or fix our refineries? Did we use the money to fix our power supply or make our society more secured.

The subsidy removal will have no effect on Nigerians due to corruption so why not just leave it as it was the only way it would benefit the common man. That is economics a government should look at not some economic theory that will end up a failure

arsetalks:
This is silly to be honest. Can you ask yourself what fault of the citizenry is it if the government of the day cannot stop the corruption in the fuel subsidy?

How come no one has been jailed thus far? Do you punish the people for the government's incompetence?

And you queried what impact has the partial removal had on the citizenry? Isn't an that an indictment of the government? Isn't that another reason why the shoeless jerk has to leave for someone else? You managed to indict the shoeless one without meaning to do so to be perfectly honest with you mate.

holicalpha:
And buhari's win could be disastrous that we might not recover from it for over decades and that's a serious set back, the devil you know is better that angel you don't know.

Signed
-------VALAR MOGHULIS.

elantraceey:
Jonathan is likely to lose this election.

holicalpha:
And buhari's win could be disastrous that we might not recover from it for over decades and that's a serious set back, the devil you know is better that angel you don't know.

Signed
-------VALAR MOGHULIS.

vanunu:




I know that u are one of those who objected to subsidy removal. At times I wonder the kind of school u people went to.

cramjones:
Have we had a enough of this clueless president?

-CramJones

Bevista:


Diesel (AGO) has no subsidy. Why has the pump price not adjusted to reflect the current realities in the crude oil market just like every other sane country is experiencing. Pump price stays the same even after crude oil price has gone down by more than 50%. An economic explanation from your government will help, cos I'm lost.

You should be more worried about corruption and not subsidy removal.

Just so u know, as an economist I am not a fan of subsidy.

Mynd44:

Wrong.

I support removal of subsidy but inna country like Nigeria where public officers are not know for being accountable, I suggested it was continued and the reason is simple. The subsidy is the only way the people fells like the government is doing anything reasonable for them.

When the subsidy was removed(even partially), how has the money affected the people? What has changed? What has happened to the money saved?

How has the money affected the man on the street? We were told there will be palliatives and some silly buses where are they? Have you rode one before? Do you know someone who has?

If the money saved form the partial removal was used to fix just one refinery it would have been better. What has been done with the money?

Throughout the oil boom of last year what was done with the excess funds? Did we build or fix our refineries? Did we use the money to fix our power supply or make our society more secured.

The subsidy removal will have no effect on Nigerians due to corruption so why not just leave it as it was the only way it would benefit the common man. That is economics a government should look at not some economic theory that will end up a failure

Mynd44:

Wrong.

I support removal of subsidy but inna country like Nigeria where public officers are not know for being accountable, I suggested it was continued and the reason is simple. The subsidy is the only way the people fells like the government is doing anything reasonable for them.

When the subsidy was removed(even partially), how has the money affected the people? What has changed? What has happened to the money saved?

How has the money affected the man on the street? We were told there will be palliatives and some silly buses where are they? Have you rode one before? Do you know someone who has?

If the money saved form the partial removal was used to fix just one refinery it would have been better. What has been done with the money?

Throughout the oil boom of last year what was done with the excess funds? Did we build or fix our refineries? Did we use the money to fix our power supply or make our society more secured.

The subsidy removal will have no effect on Nigerians due to corruption so why not just leave it as it was the only way it would benefit the common man. That is economics a government should look at not some economic theory that will end up a failure

gentleasia:
Goodluck Jonathan is a good man as
a person, his simplicity and
gentleman ness is second to none.
*He has given us his very BEST over
the last 6 years. I mean, what else are
we asking for?
*He has granted Alameisiya 'STATE
PARDON' and my guy is now running
for Senate.
*He allowed Fayose to disrupt a court
session and beat up a judge, while he
walks freely. I wonder if Nigeria is
sane. *He locked up the
house of rep from the entrance of the
CONSTITUTIONAL speaker of that
house.
*7 law makers impeached a speaker
in Ekiti in a house of about 26 men,
and nothing happened.
*16 was suddenly greater than 19 in
base 10, just to cancel the one-term
agreement he signed with the
NIGERIA Governors' Forum and all
Nigerians in 2011.
*Subsidy has been removed and the
standards in our hospitals have
reduced with time.
*$20 billion is missing and minister
of Petroleum eats and dines with the
prexy. *Another BIGGER & BOLDER
subsidy is scheduled for 1st of June,
2015 and you may have to sell your
laptop charger before you can buy
fuel to charge that same laptop!!!
* Earlier this year, over 22 innocent
Nigerians were killed in the job scam
organized by the Nigerian
Immigration Service(NIS) . The
Minister of Interior, Abba Moro, told
us the job interrwas "simply
mismanaged" and he has retained
his office and even with extra
luggage.
*1 Naira used to be equal $1.2 under
‪#‎GMB‬ but now it's #186.5 to just $1,
the worst ever in our history.
* Madam Gele, Ngozi Okonjo, just told
us we need an extra $5 billion,
through debts of course, so that our
economy will not collapse like
Humpty-Dumpty.
*While Benue State University was on
an unending internal strike killing the
future of poor Nigerians,
Senator DAVID MARK (son of the soil)
built his own PRIVATE UNIVERSITY,
of course with tax
payers' money, and my gentle
president followed him to launch the
school shamelessly.
*He has spent all money in the
treasury and even had to BORROW an
extra $1 billion but ‪#‎BokoHaram‬
keeps getting more equipped than
our military.
*Over 200 girls are missing, over
15,000 killed by #BokoHaram , over 6
million displaced from their homes
and uncountable injured beyond
repairs yet my president went to a
meeting in ‪#‎KENYA‬ with 7 different
PRIVATE JETS.. *clears throat...
* # PHCN is giving their loyal
customers GENERATORS as gifts for
paying their # electricity bills on
time..Grab your COPY NOW!!! .
That's less than 1% of the reasons we
need to dance to a new SHOKI, this
AWILO is no more wulo for us. Cheers
to an unstoppable change..
If you truly love Nigeria share with
everyone on your contact list."

cramjones:
Have we had a enough of this clueless president?

-CramJones

kolokolobi:
@fulanigirl.....I thought PWC was meant to do the audit. How can the one being audited be the one to carry it out.
[color=#000099][/color]
Lol my dad was one of the guys suppose to do that audit. Instead they decided to do it in house. The people that are being audited are the ones choosing the auditors!! How does that make sense? They are going to find someone that will cover their tracks on a report that will probably never happen

Ikengawo:
[size=20pt]THE SAME FOREIGN INVESTORS THAT DESTROYED THE NIGER DELTA. WHAT'S GOOD FOR THE DEVIL IS BAD FOR ME. [/size]

imoleay0:
Dr Goodluck Jonathan till 2019!

lexyfred02:






Wow!

You must be very daft!

Did you read the article at all? If you have said GEJ till 2019 for him to correct all these wrong, it might have sounded better.... But, Homo Dafter that you are sha!

duni04:

Maybe the devaluation of the naira has just about evened out any gains importers would have made from the fall in the price of crude?

Bevista:


I've considered that view. However, naira has devalued less than 15% while crude oil price has dropped more than 50%. So it doesn't even out.

You may also wish to note that according to PPPRA website, the landing cost (including all logistics) of petrol is less than N98. So at this time, the FG is not spending a dime in petrol subsidy, apart from all the extra margin they make from AGO.