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Nairaland Forum / Nairaland / General / Politics / My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It (59999 Views)
Not A Single Kobo Has Been Saved From Fuel Subsidy Removal - Ajaero / IPMAN Protests Exclusion From Fuel Distribution By NNPCL / We Expect Fierce Opposition From Fuel Subsidy Beneficiaries – Shettima (2) (3) (4)
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Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by DMerciful(m): 10:37pm On Jun 26, 2023 |
Another propaganda! Which friend? 1 Like |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by FLYFIRE(m): 10:38pm On Jun 26, 2023 |
IDIOTS |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by nairalanda1(m): 10:38pm On Jun 26, 2023 |
Babatunjo:. No it was not. Subsidy was an ultimately misguided plan to keep fuel prices cheap for the poor. It did not work because it fouled up the profit making ability of the petroleum sector, and messed it up to the point that we lost domestic refining, and ended up with large deficits. If there was no subsidy or if it had been removed since...we would have had domestic refining, been exporting oil to every country in west africa for profit, and we would have had more and more jobs. Your problem is you think that business people earn money to put in their pockets. They have tax to pay, staff to pay,etc. A lot of the profits resulting from the removal of subsidy are going to salaries to pay...ordinary Nigerians like you and me. Such a sad situation for my nation and the masses who are so gullible. If you were running a business, would you sell at a loss, so that you could help the poor? You won't , so why expect that from the oil sector. ? We lost four refineries, and got years of corruption and mismanagement because of trying to sell cheap fuel to help the poor. Anyway, whoever you voted, they would still have removed subsidy. If we kept the subsidy, its cost would have been 14 trillion this year. Our budget is 20 trillion. That 14 trillion would have come from our budget...leaving a hole that needs to be filled...by loans. And as things stand, we cannot take any more loans right now. DMO is shouting that we are all loaned up, and the IMF is looking at us one kind. 1 Like |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Kay25(m): 10:39pm On Jun 26, 2023 |
Babatunjo: |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Evilspirit666: 10:40pm On Jun 26, 2023 |
Babatunjo:2 by 2 go still touch you |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by providencia(m): 10:41pm On Jun 26, 2023 |
nairalanda1: Evergreen4: I'm sure you heard of the 114% salary increase of politicians. Politicians gives you hell while they and their children lives in eldorado |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by MatrixCircle: 10:44pm On Jun 26, 2023 |
I thank the courageous Tinubu for stopping it in his first day in office. That if you like protest till forever, no going back. Nigerians have gradually adjusted . The scam was too much. Tinubu knows that those powerful subsidy fraudsters can do him nothing. He is never afraid of them. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by sammyscholar(m): 10:44pm On Jun 26, 2023 |
Babatunjo:So what exactly should be done? Subsidy should be returned? |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by nairalanda1(m): 10:46pm On Jun 26, 2023 |
providencia: Well, let's start with the fact that we are not earning enough money...our forex earnings is similar to Qatar, yet Qatar is comfortable because they have less than 2 million people, ....because we rely only on oil for most of our earnings. That;s why subsidy savings don't reach far. We know what to do to earn more...short term, raise our tax to gdp ratio, long term, become an exporter of manufactured goods and services. But you don;t want taxes (and indeed because 70% of our populaiton is not able to pay the kind of tax we need, pressure is put on the remaining 30%). And you want us to keep on using imported stuff. So we remain broke, and what little we have, we lose a lot of it to stealing and corurption. The truth is, we are not earning enough money. Simple. So, stop moaning about 'what they did with the savings'. We spent most of it keeping fuel cheap for a growing consumer base....because you wanted it. 1 Like |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Bluntemperor: 10:53pm On Jun 26, 2023 |
Babatunjo: Not so bro,as far as President Tinubu is concerned,for we should exercise patients,for what many other past Presidents cannot do,he just did it dogmatically and boldly! The Yuguda of a governor is amongst the Politicians who should be ashamed,as they were there but couldn't call Buhari to order as all of them kept quite,while the Nigerian Economies and Social life and her image was going down! To worsen things,Buhari could not even sack some if his own appointed Ministers,for Non- Performance, even where their docility was apparent. So,so terrible! |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by jubrilELsudan: 11:07pm On Jun 26, 2023 |
WHAT A SORE LOSER NA DIS KIN BOY YOU GO CARRY GO ASHY JOINT THEN HIM GO CUM GO BROADCAST AM TO EVERYBODY BECAUSE ASHAWO NO GIVE AM FREE FVCK
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Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Demonicide(f): 11:08pm On Jun 26, 2023 |
Babatunjo: You said you supported Tinubu. You are aswell gullible as the people you mentioned. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by providencia(m): 11:11pm On Jun 26, 2023 |
nairalanda1: Firstly, Your country is broke because those at the helm of affairs are eating your national cake and they will continue to eat it. While they give you hell. At a time Nigeria senators was the highest paid in the world . If not for the fall of naira , the record would have remain unbroken. Secondly, We pay alot of tax. I pay an average of 22% tax of my daily income. If you have ever set up a business you will know the heavy taxation nigerians are subject to. FG is earning alot of money fyi. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by occfx: 11:15pm On Jun 26, 2023 |
Hezzyluv: Very unfortunate zoo republic and some idiots are defending it with AK47 |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by donhils: 11:20pm On Jun 26, 2023 |
The point about subsidy removal is that the populace won't feel the positive effect of it. They'll still share the whole money as usual, but this time we suffer the consequences. They should've left thing alone. This fuel price hike is biting |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Dreal1247: 11:26pm On Jun 26, 2023 |
Babatunjo: Enjoy your menu. They used propaganda to manipulate you people against a passionate a nationalist leader. Now your sufferings continue. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Cassandraloius: 11:33pm On Jun 26, 2023 |
Hezzyluv: Very unfortunate country. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by eepeepook: 11:33pm On Jun 26, 2023 |
Money no dey tire person. Lie. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by God2man2again(m): 11:40pm On Jun 26, 2023 |
Where some are lacking, the gain will definitely go to some. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by AfonjaPriest: 11:55pm On Jun 26, 2023 |
Hepk:Red flag. Disclaimer. Persona non grata. Celestine Nwankwo, the serial criminal scammer, is here to promote his begging advert scam. You should go to your church or mosque to beg and stop using different monikers on NAIRALAND to swindle people. You have used over 50 monikers to beg. If you are genuine, you should have been known with one moniker. Using many is a clear indication you are a fraud. The way I see it, you'll soon get deliverance from the Devil. Keep thinking you are deceiving people. There is nothing hidden that will not be revealed; covered that will not be opened. The great day of your revelation is at hand. Be expectant, because surely it will come. 2 Likes |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Cheche555(f): 11:56pm On Jun 26, 2023 |
In Nigeria they only kill and punish the thieves on the street but those perpetuating evil in the hierarchy are left scot free. . The man's audacity is only obtained in country like Nigeria |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by hardbody: 12:04am On Jun 27, 2023 |
Babatunjo: una never chichomchin... now i am happy obi did not win. |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Bobxin: 12:08am On Jun 27, 2023 |
Agbadocassava:Tinubu na God weh go turn Nigeria to Canada in 8 years, you think America go to where they are in 8yrs. Dey play 🙄🙄 |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by leo1234(m): 12:12am On Jun 27, 2023 |
Babatunjo: |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Alpharey: 12:16am On Jun 27, 2023 |
When I try to raise my voice they will say me and my brothers are the problem of Nigeria. Let the suffering and smiling continue because of tribalism. BTW to that mod that use to ban me at the slightest provocation, I have reported your case to Sango.... 🏃🏃🏃🏃 |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by favor914: 12:26am On Jun 27, 2023 |
Babatunjo:Incoherent Wailer, I just wonder? |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by favor914: 12:28am On Jun 27, 2023 |
Johnboscowchido: |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by Researcher720(f): 12:37am On Jun 27, 2023 |
This country is ruled by frustrated people only |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by DoubraTim: 12:51am On Jun 27, 2023 |
Ok |
Re: My Friend Got Tired Making Money From Fuel Subsidy, Begged President To Stop It by seguno2: 12:53am On Jun 27, 2023 |
Babatunjo: What analysis are you hearing now, and how has it changed your view on Tinubu |
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