kikero:


Politicians use the anger of the people to get elected, once in office, they pretend they didn't share the anger( it's a reason why some of us cynically refuse to back any party or politician)

Also, to some extent, subsidy is a scam and a waste. Yet the fear of allowing fuel prices rise as high as 300 naira per liter has prevented governments past and present from removing it.

That includes your party PDP.

Subsidy is , as I have said elsewhere, one of the points where the elite and the poor find common ground. The elite collect huge illicit profits and the poor get fuel cheaper than neighborhood African countries.( Even now, fuel is cheaper in Nigeria than in other African countries)

israelmao:
The previous government didn't lack courage it was a government that listened to people but not the one that rules with iron fist.When the subsidy was removed during GEJ even in spite of town hall meetings organized to enlighten the people about its benefits Nigerians trooped to the streets to protest against it.At the early stage of this government the removal of subsidy was proposed and the hypocrites were singing in support of it,.When the subsidy was finally removed it was covered up in what they called UNDER-RECOVERY.Why removing what has been said to have been removed again?Now Can we say this government is sincere?

XXXXTENTACION:
Too bad



instead of nigerians to rise and do the right thing we keep praying for miracles that never come to pass

kikero:


Yes it is. So long as PPRA is setting the price it is there.

Though, personally,speaking as someone who has believed that subsidy should have been gone since 2011, when my mind got changed on the issue, it is good if fuel goes to 200 and above

Reason being dangote refinery. Dangote needs to pay the loans he took to build that refinery plus pay its maintenance costs. I doubt he can do that selling fuel at 97 per liter, when it may cost him 140 or more to produce it.

At least, eventually we would have more refineries come on stream, and fuel prices will drop

Fourwinds:
you keep saying politicians use anger of the people from thread to thread.. You have never suggested how the people should go about doing the right thing.. Why then are you always coming up with this phrase

Omooba77:


https://punchng.com/successive-govts-lacked-courage-to-remove-fuel-subsidy-presidency/

jasmine1600:
Nigerians, the only way to have steady light & fuel is to remove Jonathan. And i promise u in 6 months Nigeria will be swimming in crude oil & fuel. Buhari will pay you all 5k monthly for been jobless, our youth will be gainfully employed with our 3M jobs a year
-Tinubu in 2014

RAGEofFIRE:


This clown is just another clueless sycophant. What are the positives from this thoughtless act of the President? History will not be kind to Garba Shehu and anybody that supports this government.......

XXXXTENTACION:
Too bad



instead of nigerians to rise and do the right thing we keep praying for miracles that never come to pass

Thankgod2020:
Stop the blame game.. lets just hope this projects work out fine..

Omooba77:
A man that all his life lied there was no subsidy.
Garba Shehu always issued statement to add pepper to our wounds.

CodeTemplar:
....and it took the bold administration a whole five years and second wave of inflation and recession to act boldly by technically removing it.

Reference:


Hindsight is always 20/20 but the internet is a great diary of events. Once the APC got into power in 2015 I did say then within weeks of the new administration that they should visit the subsidy issue and withdraw it in piecemeal percentage terms over the course of its four year term. Then political capital was at an all time high and Nigerians could psychologically bear whatever hardship they simply cannot today.

However, the truth is that the now infamous "corruption" rhetoric turned propaganda turned holy grail prevented both government and the blinded public from noticing and accepting any other narrative as to what our problems as a country could be and the solutions.

I did, and continue to emphasise a faulty structure misgiverning ALL things.
I did, and continue to emphasise a terrible lack of productivity as an anchor to our economy, and so on. Corruption does not even appear on my radar because it was no more than a headache and headaches though paralysing are not infirmities or diseases, but symptoms of underlying conditions ranging anywhere from illiteracy and incompetence to prejudice and nepotism. Sort these out and corruption ends.

So they had all the opportunity to make these hard but important choices and will have been reaping the benefits if we were not all blind sighted by faulty politicking. The three key important economic decisions the next goverment should make, one again is to fully deregulate the petroleum sector, fully deregulate the power sector and fully deregulate the currency exchange market. Anything short of that and pain will continue for the next century or until we are ready, period.

GoodGovernance:


You are the big lair.If you took time to read the Gaba Shehu's article you would have known the truth.

Buhari never said there was no subsidy,he said the fuel subsidy was a scam!

And indeed the fuel subsidy under GEJ was a big scam to Nigeria.

Your comment had 52likes. I am not surprised at all. Nairaland is full of morons.

“To stop the mismanagement of taxpayer money, eliminate corruption associated with subsidies on petroleum products, power, fertilizer among others, the administration took the decision to implement long-delayed reforms, withdraw and allow the market to determine their prices.''

GamalNasser:
This is the same Buhari and Ko that went to Ojota to protest against Jonathan's removal of Subsidy and Buhari was even recorded saying Subsidy was a hoax that didn't exist ..

CodeTemplar:
....and it took the bold administration a whole five years and second wave of inflation and recession to act boldly by technically removing it.

GamalNasser:
This is the same Buhari and Ko that went to Ojota to protest against Jonathan's removal of Subsidy and Buhari was even recorded saying Subsidy was a hoax that didn't exist ..

kikero:


Yes it is. So long as PPRA is setting the price it is there.

Though, personally,speaking as someone who has believed that subsidy should have been gone since 2011, when my mind got changed on the issue, it is good if fuel goes to 200 and above

Reason being dangote refinery. Dangote needs to pay the loans he took to build that refinery plus pay its maintenance costs. I doubt he can do that selling fuel at 97 per liter, when it may cost him 140 or more to produce it.

At least, eventually we would have more refineries come on stream, and fuel prices will drop

pieces18:


APC the greatest scammer party in the whole wide world!
Watch out, next year we'll still talk subsidy removal. They are bunch of thieves and liars.