Buhari's incompetence is destroying this country.

Nigerians will pay five hundred naira for a litre before buhari leaves office

Empty, valueless and inflation infested Currency

Who cares

tauceti23:
In 2012, Nigerians were told that subsidy has to go. Nigerians protested, rioted, and the subsidy was brought back under a different name.

Now, we are at the point where we have no choice because

1.We are losing billions to smuggling of cheap fuel

2.We have virtually limited investment in new refienreis because no one is going to come and build refinereis with price controls so low

3.We are running out of spare cash to keep fuel prices low. Oil is not as high as it used to be

4.We don't have a high tax to gdp ratio to pay for subsidies


So, inasmuch as I don't like APC, and think they have failed...it is time we said goodbye to subsidy.

Or we keep on taking loans and more loans to make up for the money lost for paying subsides.

And look, we can remove Buhari tomorrow.,....we can bring back GEJ, we can split the country, we can do whatever...but it still does not change the fact that we cannot keep on subsidisng fuel, or lying to ourselves by partially removing subsidy and bringing it back when prices rise.

All our neighbours, including the oil producers pay higher

Time we faced reality.


P.S If you abuse me, I report you to the mods. And any questions will be met with the response: Go and read about subsidy and why it is bad...and also 'How should we fund a subsidy'. I have supported subsidy removal since 2012. And I think it is high time we woke up to the fact.

Again any abuse will be reported to the mods.

PS.2 By abuse, I do not mean that you cannot disagree with me...but please do so politely. But any name calling, or personal insults without addresing the facts would be reported. Thank you

Ur brain is not good for governance
Ur type are people I can hold down for years diverting their funds and telling them story while they sing for me. A Nigerian based in Nigeria would just b saying rubbish as if he is in Europe reading Nigeria gossips. Buhari evil no dey vesi me pass Nigerians that are very senseless, most especial a male child thinking like an illiterate market woman. Rubbish

Cnach:

Ur brain is not good for governance
Ur type are people I can hold down for years diverting their funds and telling them story while they sing for me. A Nigerian based in Nigeria would just b saying rubbish as if he is in Europe reading Nigeria gossips. Buhari evil no dey vesi me pass Nigerians that are very senseless, most especial a male child thinking like an illiterate market woman. Rubbish

Okay, I guess you are saying we should continue to get into debt subsidsing fuel.

Till the money runs out and there is no money to subsidze fuel anymore....

Thanks, and good morning

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