Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,294 members, 7,836,287 topics. Date: Wednesday, 22 May 2024 at 03:00 AM

LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know (757 Views)

Utorogu Liberation Movement, New Militant Group Emerges / Joint Niger Delta Liberation Force Vows To Launch Missiles & Bring Down Aircraft / Subsidy Removal: Facts APC Wants To Hide From You (2) (3) (4)

(1) (Reply) (Go Down)

LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by Freegift75: 7:51pm On May 11, 2016
www.africanoutlookonline.com/index.php?option=com_content&view=article&id=3602%3Aremoval-of-fuel-subsidy-in-nigeria-what-you-need-to-know&Itemid=645


SUBSIDY REMOVAL - A Liberation

We have been praying and asking that Nigeria economy be restructured away from waste and corruption; Nigeria’s last chance to stay together and achieve her goals was snatched by President Muhammad Buhari, with one stroke by Subsidy removal, and some clamour to go on Strike!

Well, You know more than I do that CHANGE cannot be painless. Pain with hope is better than pain without hope. Joining the global economy and
cashless society will boost merit over mediocrity.
The pain arises from long dependence on a system
of economy that is unsustainable in the new time.
So let us face it now. Let us properly differentiate
society by restricting movement to those who really
should move while others can stay to till the land!

MORE iMPORTANTLY NEEDED NOW

What we need is more education on what is happening! The fuel subsidy is one way that our
military leaders used to keep us down thereby
distorting our economy and making us unable to
key into the emergent global economy. A section of
the country abhors competition and merit and so
they sustained it thereby depressing Naira value
and making Nigerians only 419 pariahs in global
trade.

But to be relevant in the global economy you
must be competitive. Subsidy is a facade a
smokescreen for inefficiency and corruption by the
unenlightened who want to rule over the educated!
It gives them the room to bunker fuel and refine in
foreign countries giving away Nigerian jobs and
selling currency at the black market to rule Nigeria
while poverty and unemployment reign.

We cannot continue to pick crumbs in a table richly laid for us by God! We must learn not to depend on such bait of Boko Haram or we would be subsidizing our slow demise in the hands of an un-Godly set of people.

SUBSIDY REMOVAL, A Blessing

Subsidy withdrawal is a far-reaching restructuring
strategy. It tackles existence of distortions in the Nigerian Economy. You may subsidize agriculture but not fuel because it has far-reaching negative effect on stratification of society, which is vital for spiritual harmony aside from creating soft money for the smart and privileged people, this time the retired Generals, who could buy up the privatized institutions.

The result is that subsidy money goes into unproductive side of the economy encouraging the production of pure water billionaires like those rated from Nigeria by Forbes.

EFFECT OF SUBSIDY

What subsidy does to Nigeria is to create an imbalance in the economy allowing everyone to go into bunkering, raising private armies, jetty ownership, private jets and every other endeavor antecedent to it. They build private refineries in foreign countries employing as much as 20000 foreigners while our own refineries remain less
competitive going by the subsidy we pay outsiders. It
explains why Nigerians have developed the economies of neighboring African countries where electricity is more stable because it helps to sustain their refineries so they could smuggle in the products or sell to us at high prices thereby requiring higher and higher subsidies.

WORDS FROM THE TOP

“Mr. President urged Nigerians to appreciate the
difficulties this nation is going through,
particularly in the economy. As FEC, “we are not
here to punish Nigerians, we are from the people,
we know the discomfort that is going on right now,
we totally empathize with Nigerians and we want
to reassure the people that the measures that have
been taken is for the greater good of the people of
Nigeria and citizens”. Nigerians should also watch
in the next couple of weeks how government is
going to move quickly to implement the various
activities from the subsidy reinvestment and
empowerment program.
Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by molydonhenry(m): 7:52pm On May 11, 2016
Pains with hope abi? what if the pains kill b4 the hope comes alive?

Nonesense Country with useless leaders in senseless party. APC = HYPOCRISY

4 Likes 1 Share

Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by SamuelAnyawu(m): 7:55pm On May 11, 2016
I don't support its removal even though I know it's the right thing.. GEJ saw the massive looting through subsidy and decided to remove it in 2012, But Baba Tinubu and his APC Zombies protested at Ojota and other states in Nigeria....


GEJ We Miss you

cool cool cool

Any other Candidate aside GEJ in 2019 remains an exercise in futility cool PDP take Note. cool cool cool
Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by adioolayi(m): 7:58pm On May 11, 2016
This is the way to go.....GEJ did the right thing in a wrong way (Proper Consultations and Educating the Masses was not done).
Now, GEJ experience have done one thing... Nigerians are more aware now...I don't think anyone will protest against this
Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by FazzyKachi(m): 8:01pm On May 11, 2016
SMH_
ATM, we don't need this_
Removing Fuel Subsidy is Almost useless now_
The current Hardship on ground doesn't need Subsidy Removal_
Even to buy at #100 is a biq Problem not to talk more of #145_
Na d poor masses go dy suffer em now_
2moro, Fuel Price go increase_

Make this Word "From 12th May 2016, From Oshodi to Ikotun and vice versa will be #200 - #400"_
Drivers no go buy anybody_
Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by molydonhenry(m): 8:03pm On May 11, 2016
SamuelAnyawu:
I don't support its removal even though I know it's the right thing.. GEJ saw the massive looting through subsidy and decided to remove it in 2012, But Baba Tinubu and his APC Zombies protested at Ojota and other states in Nigeria....


GEJ We Miss you

cool cool cool

Any other Candidate aside GEJ in 2019 remains an exercise in futility cool PDP take Note. cool cool cool

Gbam! More puna to ur JT
Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by emiwanlee(m): 8:30pm On May 11, 2016
Where were you in 2012?

1 Like

Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by emiwanlee(m): 8:31pm On May 11, 2016
adioolayi:
This is the way to go.....GEJ did the right thing in a wrong way (Proper Consultations and Educating the Masses was not done).
Now, GEJ experience have done one thing... Nigerians are more aware now...I don't think anyone will protest against this
Who are you deceiving?

1 Like

Re: LIBERATION: SUBSIDY REMOVAL- Facts You Need To Know by amaechi1: 8:38pm On May 11, 2016
SamuelAnyawu:
I don't support its removal even though I know it's the right thing.. GEJ saw the massive looting through subsidy and decided to remove it in 2012, But Baba Tinubu and his APC Zombies protested at Ojota and other states in Nigeria....


GEJ We Miss you

cool cool cool

Any other Candidate aside GEJ in 2019 remains an exercise in futility cool PDP take Note. cool cool cool


"Even though, it is the right" simply means you do not support what is right.

(1) (Reply)

OPINION: Increase In Fuel Price Not Linked To Subsidy Removal. / Bible Even Warned Us About APC BUT It Seems We Don't Read D Bible. / Nigerian Military Arrests Niger Delta Avengers- BBC

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 20
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.