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Nairaland Forum / Nairaland / General / Politics / Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders (24444 Views)
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Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by biodunid: 3:13pm On Mar 27, 2023 |
https://twitter.com/Abraham_Idowu/status/1632480534340202498?t=aSM3SIOA3IWWKXwjIvdVNg&s=08 Congratulations on your hard-won electoral victory @officialABAT The good Lord has seen it fit to bring you in at this critical point in the affairs of our nation when we must take hard decisions crucial to our economic rejuvenation while managing a riled up populace./1 The hardest economic decision you must take as soon as you are sworn in, if it is not taken for you by the outgoing govt, is the removal of petrol subsidy which we are told currently costs us N4T per annum, enough money to build a dozen LAG-IBD Expressway / 2N Bridge every year/2 a totally inexcusable waste for a nation as infrastructurally hamstrung as we are. Yet how can any wise govt willfully stick a burning ember into the bone-dry sticks already gathered by various forces? I have heard talk of salary increases and the usual palliatives but a 200%+ /3 increase in the cost of petrol will require us to dig deeper if we are to avoid a national ship wreck. In the last few years many old friends have retired from the teaching service of @LASG after 35 years having attained top levels as school principals and directors in the /4 education ministry. Most are living in Lagos/Ogun as tenants while a few lucky ones have built modest homes in Ogun state. As for teachers so for civil servants, soldiers, policemen etc across the whole of the Nigerian public sector. It didn’t use to be so. It shouldn’t be so./5 This problem presents a great opportunity for making the needed change somewhat palatable. Govt must be seen not to be removing subsidies to then be stolen but for the actual benefit of the people. A very visible way of achieving this would be to secure a consensus of all /6 stakeholders to commit annually N2Tof the ~N4T cost we shall be saving into delivering 200,000 low cost housing units, 1-3BR, to govt employees all across Nigeria every year. 1.6m units of housing in 8 years to eliminate one of the greatest pain points for govt employees that /7 is also the greatest excuse for delving into corruption. N2T is a lot of money and govt employees are not the only people in Nigeria but when govt employees are defective the entire nation cannot work. N2T is a lot of money but 200,000 houses a year for the next decade would be/8 a massive stimulus to the real economy and one of the ways we upshift to sustained double digit economic growth. N2T is a lot of money but it isn’t a gift and will be deducted at source from govt wage bills so 100% recovery is assured and by the end of the decade it should be/9 a self-sustaining social welfare fund. N2T is a lot of money but an announcement of a schedule stating that all govt employees employed between 1983-1992 will receive keys to their houses before December 2024, 1993 – 1998 will receive keys before December 2025 etc will go a /10 long way to show that this govt is truly about serving the people and even when hard decisions are made they are for the ultimate good of the populace. Every govt employee of whatever stripe will feel invested in the system and will become a defender and not saboteur of same. /11 LASG celebrates just such a scheme for 4,000 LASU employees. This proposal merely scales up the concept and takes care not just of eggheads but everyone from the raw army combatant putting his life on the line on the islands of Lake Chad to the extension farm worker in Oyo /12 helping to bring our agriculture into the 21st cent. May God who saw you fit for national leadership at this crucial point also grant you the courage, wisdom and grace to do what is right and not just what is popular IJN. @jidesanwoolu @tundefashola @KashimSM @elrufai @Mr_JAGs |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by Fuckyoumod: 4:12pm On Mar 27, 2023 |
madridguy:bro.... Nigeria is in a total mess! If this happens, so many will be out of business. No job, no constant power, food prices will skyrocket and transportation will be out of reach. The same people that brought this mess is still in Govt. And about to take over Govt. See, the only way out is a total civil unrest. REVOLUTION is the only solution to our problems in Nigeria. |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by silaswills01(m): 4:43pm On Mar 27, 2023 |
Nothing good will ever come out of nigeria The only thing the future holds is poverty hunger unemployment suffering and much more Unfortunately that's the harsh reality 1 Like |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by VeeVeeMyLuv(m): 5:07pm On Mar 27, 2023 |
biodunid: Boss I want to ask you an innocent question, please don't be offended. My question is this: Are all these government people prohibited from creating wealth? That will in turn prosper the populace? It is a known fact that certain govts in other climes have succeeded in doing the impossible by creating wealth in the desert. |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by alphaNomega: 10:03pm On Mar 27, 2023 |
Sammy07: Have you bought cement before? The cement that Dangote is now lord and ultimate provider of in Nigeria is the most expensive in our market. What makes you think you will get cheap, good quality product from his petroleum refinery? |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by FarmTech(m): 10:34pm On Mar 27, 2023 |
Thinking outside the box right now. |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by KINGKONG(m): 12:46am On Mar 28, 2023 |
If subsidy is reduced, then minimum wage should be 100k per month |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by obembet(f): 1:05pm On Mar 28, 2023 |
JASONjnr: Now that peter obi as lose, what is the way out |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by JASONjnr(m): 7:51pm On Mar 28, 2023 |
obembet: There's absolutely nothing anyone can do. If you protest peacefully, the government will send hoodlums to infiltrate the movement and inturn charge the organizers to court. We have to be hopeful... And keep advocating for a better leader in the future! |
Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by RepoMan007: 5:46pm On Apr 27, 2023 |
It will not happen. Thank God. |
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