Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,150,596 members, 7,809,163 topics. Date: Friday, 26 April 2024 at 02:13 AM |
Nairaland Forum / Nairaland / General / Politics / Fuel Hike Illogical, Says David-west (1416 Views)
I Knew Kachikwu’s Claims Couldn’t Be True, Says David-west / "Buhari Will Shock Nigerians"- Tam David-West, Ex Minister Of Petroleum & Energy / Labour To Proceed On Strike Tomorrow Over Fuel Hike (2) (3) (4)
Fuel Hike Illogical, Says David-west by Maxymilliano(m): 8:25am On May 16, 2016 |
By Ishaya Ibrahim and Henry Oduah A historical ally of President Muhammadu Buhari has banded with a historical adversary to rail against the new pump price of fuel, which caught consumers by surprise on Thursday, April 12, and scattered family budgets with the ripple effects. http://www.thenicheng.com/fuel-hike-illogical-says-david-west/ |
Re: Fuel Hike Illogical, Says David-west by gisthit: 8:28am On May 16, 2016 |
Seen |
Re: Fuel Hike Illogical, Says David-west by StRichard(m): 8:30am On May 16, 2016 |
you just woke up 1 Like |
Re: Fuel Hike Illogical, Says David-west by three: 8:32am On May 16, 2016 |
Balarabe Musa adds new twist Musa added a new twist to the debate, saying the motive for the sudden removal of fuel subsidy is to enrich APC leaders ahead of the 2019 vote. “We believe the objective of this mindless increase is first to balance the 2016 budget; second, to cover up stolen funds that cannot be accounted for; and third, to enrich APC leaders so that in 2019 they can compete with the PDP (Peoples Democratic Party) naira for naira,” he alleged. Are you sure of your facts, Musa was asked. He retorted: “Find out whether it is true or not. Investigate and use your understanding, and you will come to the same conclusion.” |
Re: Fuel Hike Illogical, Says David-west by talktonase(m): 8:37am On May 16, 2016 |
david tam west is complaining about the fuel hike because he has been a beneficiary of the fuel subsidy scheme.He is a major stakeholder in Malabo oil.No more free money for u |
Re: Fuel Hike Illogical, Says David-west by OlujobaSamuel: 8:50am On May 16, 2016 |
time for apc goons to abuse this man, while pdp's praise him. as for me, I support his stance, then and now. it's not my duty to address fx parallel marketers, nor is it my duty to go get the vandals. |
Re: Fuel Hike Illogical, Says David-west by Jesusloveyou: 8:56am On May 16, 2016 |
when pmb was looking for the best to pick as minister, i have already pencil down david-west as minister of petroleum, i never trusted capitalist ibe-kachukwu, |
Re: Fuel Hike Illogical, Says David-west by psucc(m): 10:30am On May 16, 2016 |
#Backfromban Now Tam has been cajoled. |
Re: Fuel Hike Illogical, Says David-west by bgates: 6:59am On May 18, 2016 |
[size=15pt] Front-page [/size] |
Re: Fuel Hike Illogical, Says David-west by sosanova: 7:11am On May 18, 2016 |
[size=13pt] David West is now waling, nobody should sell Wailers form to that man. He must first apologize for boasting last year that when Buhari becomes President, Fuel will Start selling at 40 Naira per Liter. [/size] 1 Like |
Re: Fuel Hike Illogical, Says David-west by oduastates: 7:18am On May 18, 2016 |
It is very logical |
Re: Fuel Hike Illogical, Says David-west by ihitenansa: 7:54am On May 18, 2016 |
I agree with tam west U don't hav to decceive urself forever (like most zombies wud do) 2 Likes |
Re: Fuel Hike Illogical, Says David-west by 989900B: 8:45am On May 18, 2016 |
When you cannot refine your fuel locally, expect many and any thing to happen. |
Re: Fuel Hike Illogical, Says David-west by Joel3(m): 9:12am On May 18, 2016 |
I wrote this article on the right to law concerning freedom of speech and not intentionally to attack any persons or political party but for the interest and well being of Nigerians and to protect this country against fraudulent activities. if any persons or group of persons find this not true or not accurate. then they can come out clean with reply to explain or correct the wrong impression. And I start. sometime ago the sanusi leadership of CBN stop banks from paying dollars to citizens. this is what I called a monopolise foreign currency economy. even when money is sent to Nigeria in dollars the bank would simply pay the recipient in the imposed naira equivalent by the CBN. this was the beginning of the era when dollars became scarce in the Nigeria market. small private owned bureau de change were the biggest hit by this CBN policy. poor bureau de change who relied so much on dollars from common Nigerian citizens packed out of business. those who use to buy dollars from citizens who received foreign remittance had to find alternate sources for dollars and this mark the beginning when dollars rise upward in the black market. The official price on the dollar is a scam and of what use? since the citizens cannot obtain it officially from bank or neither the CBN except they go through the black market. This is not only a cheat to the masses by the CBN but also causes inflation. A monopoly currency trade is a fraudulent activities where only the elite and those opportune to determine the price in black market. I received a foreign remittance and I need to pay tithe in the said foreign currency. What happened? The bank refuse to pay me with the foreign currency rather they pay me in local currency equivalent impose by the CBN. and I had to go to black market to buy back the same foreign currency in exorbitant price. The bank and CBN sells my foreign currency to the bureau de change they make a lot if proceed from this scam.. Thanks to Nigerians who stays and work in abroad, as they said there is no country in the world where you can't find Nigerians. Rate this with our traveling spirit. These people contributed very well enough to our foreign exchange. If you go to all the bank right now, you will be amazed with the numbers of queue from people who want to receive foreign remittance. This happens on daily basis. foreign remittance from friends and family and including yahoo boys account of 40% of our foreign currency in circulation. in 2015 the World bank and CIA spy on foreign remittances index shows Nigeria is the number 1 of highest remittance Received. The so-called oil proceeds every year is been loted and taken back to foreign countries by our politicians. many people think that the peg on our naira to dollars is for the interest of the public, but that its not true. If the CBN allows bank to pay citizens in dollars. The market force will determine the price on the black market. As I was Told. The CBN Chiefs has a bureau de change outlet. the policy makers (referees) also plays the midfield, more like they award contract to themselves. They simply collect peoples dollars at N199 they impose and sold it back to the people at N320. I also read it somewhere that our President wife is now operating a bureau de change. Wake up Nigeria how long will you continued to be fooled. As this policy remains there will be no change but rather it will get worst and expect more inflation. Not until this policy is reversed and let bank start paying people in dollars for foreign remittance. There well be enough dollars to go round and this will stabilize the forex market. By Joel3. Nairaland. |
Re: Fuel Hike Illogical, Says David-west by Blackfire(m): 10:01am On May 18, 2016 |
Oga tam- David north ... Wailling waillers form don finish. *good morning* |
Re: Fuel Hike Illogical, Says David-west by fitzmayowa: 10:55am On May 18, 2016 |
sosanova: "Good Morning" Oga David Tam West... |
(1) (Reply)
Governor Ambode Commissions Projects At LASU .PICS / Aisha Buhari's Capable Of Asassinating Fayose 4 Exposing Her Corrupt Dealing:PDP / Minister Of Women Affairs Collapses At IDP Camp (photo)
(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. 50 |