| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by didymario7(m): 8:56pm On Aug 15, 2023 |
Tijani009:
Rise in crude oil price is surpose to be a surplus for nigeria since we produce crude oil na abi?
Yes but the problem is that we don't refine the crude in Nigeria. The imported refined product will go up when crude oil prices go up. 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by figment232(m): 8:57pm On Aug 15, 2023 |
obinnanelson04:
I believe that those who benefited from the subsidy regime are holding this nation to ransom. How? TINUBU is the C-IN-C HE HAS ALL THE POWERS TO TACKLE THEM BUT HE REFUSES |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Otunbakayce: 8:57pm On Aug 15, 2023 |
festacman:
You are an absolute cadaver with a rotten brain. Cadavers can't type nor write, but its confirmed that you are an irredeemable slowpoke. |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by ZombiePUNISHER: 8:58pm On Aug 15, 2023 |
NaughtyBrainiac:
You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed.
Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects.
This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation
A Leader that can make bold positive moves
A Leader that can quickly assess the impact of his policies and seek ways to make things better
A Leader that listens
I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes.
Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible.
Enjoy your 8k monthly palliative from the master strategist .. Subsidy is gone.. You support Subsidy is back.. you support Stay one place make thunder see road 2 Likes |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Whalis: 8:58pm On Aug 15, 2023 |
NaughtyBrainiac:
You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed.
Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects.
This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation
A Leader that can make bold positive moves
A Leader that can quickly assess the impact of his policies and seek ways to make things better
A Leader that listens
I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes.
Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible.
Obi-dense are talking like they know it all whereas Tinubu acted based on the consensus of the three front line candidates. |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by leokid866: 9:00pm On Aug 15, 2023 |
fineboynl:
but tinubu want to go to war and opkabia is sharing billions lol says who, Niger that at one point in time Obj was helping them pay staff salary....who get those ones time..... |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Nobody: 9:00pm On Aug 15, 2023 |
Subsidy must go!!!! We no want subsidy jare! Ronu oooo!!!  
|
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Abufo: 9:03pm On Aug 15, 2023 |
festacman:
The good thing about eating one's words is that it doesn't make one fat.
However, this new development even if it is being considered is a red flag that President Tinubu is not as prepared for governance as he campaigned. Unfortunately, not appearing for media interactions or debate didn't help. That President Tinubu knew he would implement the removal of subsidy and floating of Naira soon after inauguration but had no plans to manage the consequences of the these major policy shift paints a scary picture about his future policies.
My suggestion is that Tinubu could go on and appoint Wale Edun the Finance minister as well as appoint his President Economic Team for the usual armchair 'economic indicators' advice. However, he should he headhunt for some young hothead economists and financial experts and place them under his office to serve as his thinktank in brainstorming on policies, creating scenarios, doing risk-benefit analyses, SWOT Analysis, etc to give him the big picture and bird eye view advantages. We need practical ideas from thinking out of box to solve our problems here rather than some textbooks stuff.
How on earth is value of Naira falling and the CBN is speaking grammar. How about rolling about plans with sincere incentives to encourage the local production and exports to cure our trade deficits.  Nothing is happening in our economy at the moment. We are just selling crude oil. What about other solid natural minerals? If we share borders with Niger, are we sure we don't have uranium? Have you heard of state capture before? The fulanis have your so called nation in a vice like grip! Instead of opening up their lands for the exploitation of their abundant solid minerals,they will rather invite western vampire firms to surreptitiously mine these minerals under the cover of boko haram and Banditry activities.........we know the game! As for Tinubu, his battle for legitimacy seems to be driving his policies! many of which are contradictory.........He devalued the naira by allowing it to float but at the same time you pour more naira ( 500 billion palliative)into a system already awash with trillions of naira that clueless buhari borrowed ! Trust our corrupt Politicians they have cornered a huge chunk of the palliatives and as usual they all want to change their loot into forex for onward transfer to dubai .London etc Inflation is in full bloom now .........temporary subsidy will never bring the prices down again! 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Abufo: 9:04pm On Aug 15, 2023 |
Whalis:
Obi-dense are talking like they know it all whereas Tinubu acted based on the consensus of the three front line candidates. which concensus? |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Flame333: 9:04pm On Aug 15, 2023 |
WhisperedNoise:
Tinubu is clueless. He is not a leader. Imagine removal of subsidy without precautionary measures, now he wants to reintroduce the subsidy he swore never to reintroduce. What he wants to do now is paracetamol after headache, because inflation has gone up with the original price hike, so even if PMS is resubsidized, it won't guarantee lower costs of goods and services.
He has bastardized the dollar rate too. Unemployment has shot up astronomically. Inflation is more than 50% for many goods.
Despite this man's flaws and shortcomings, his foot soldiers will still come online and praise him as the best thing after sliced bread. Over 2k daily wage. Very sad. The same man who said "na statistics we go chop?"
They'll soon troop out to defend their ruler, lord and personal saviour: IconicR, TemplarLandry, Moh247, Helineus etc etc. Your clueless leader has spoken. Oya defend nonsense again. Niger coup playing part.. Baba dey fear |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by leokid866: 9:07pm On Aug 15, 2023 |
festacman:
So because an idea failed under Buhari, we should fold hand instead of finding out what made it fail and how to improve. What exactly is your point? that's not what I'm saying......we tried that for eight years already just simply jumping into it at a time like this is a sure fire way of loosing more than we can afford, and saying government hasn't tried its best to get us more productive as a nation is just a lie.....we as a people in this country have a lazy mindset of expecting others to just handle things for us and taking advantage of the government and others where and when we can......it's always somebody else's fault but us. |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by BalticGold: 9:11pm On Aug 15, 2023 |
Very confused set of people. 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by festacman(m): 9:12pm On Aug 15, 2023 |
Otunbakayce:
Cadavers can't type nor write, but its confirmed that you are an irredeemable slowpoke. Cadavers can tap in the morgue tray, so its confirmed that you are a walking dead. |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by tyboy(m): 9:13pm On Aug 15, 2023 |
Yes we said subsidy is gone and we if say it is back nothing unah papa fit do. Children of hate your obi can never be half intelligent as tinubu. Quote me and thunder fire you  |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Bigchristo: 9:14pm On Aug 15, 2023 |
Abagworo:
https://www.thecable.ng/exclusive-tinubu-considering-temporary-subsidy-on-petrol-as-landing-cost-rises/amp Anyone still supporting these people all in the name of tribal politics should know they’re accomplice in destroying this country, why would you all think Tinubu will perform better as a president after Buhari 8yrs rules, if Tinubu have a better ideas of governing the country he would have share such with Buhari in order for his political party to pilot the nation affairs to a greater height, most of us aren’t patriotic people in this country otherwise we shouldn’t be looking for our own tribe and religious to be in power there should be inclusiveness of every citizen into the country governing system that’s how things work Buhari appointed people with zero knowledge of how to govern a country the system still continues because it’s same political ideology that runs throughout all APC members from top to bottom none of them ready to work they’re out for looting and enriching themselves 2 Likes |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by adebanjiso: 9:17pm On Aug 15, 2023 |
The news that President Tinubu is considering a "temporary subsidy" on petrol is a welcome development for many Nigerians. The removal of the subsidy in May 2023 had led to a sharp rise in petrol prices, which has put a strain on household budgets and businesses. A temporary subsidy would help to ease the burden on consumers and give the government time to find a more sustainable solution to the problem of rising fuel prices.
It is important to note that a temporary subsidy is not a long-term solution. It would only be a stop-gap measure to help Nigerians cope with the current economic situation. The government needs to find a way to reduce its dependence on imported fuel and develop its own domestic refining capacity. This would help to stabilize fuel prices and make them more affordable for Nigerians in the long run.
In the meantime, a temporary subsidy would be a much-needed relief for many Nigerians. It would help to protect them from the worst effects of rising fuel prices and give them some breathing space until the government can find a more permanent solution.
I also want to add that India is a good example of a country that has successfully implemented a temporary fuel subsidy. In 2022, the Indian government introduced a temporary subsidy on petrol and diesel in response to rising global oil prices. The subsidy helped to keep fuel prices down and prevented a spike in inflation. The government eventually phased out the subsidy in 2023, but it was a successful measure in the short term.
I hope that President Tinubu will consider the Indian model when making a decision about whether or not to introduce a temporary subsidy on petrol in Nigeria. It is a good way to help Nigerians cope with rising fuel prices without having to commit to a long-term subsidy that could be unsustainable. 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by maasoap(m): 9:17pm On Aug 15, 2023 |
leokid866:
okay so what are the problems you believe they should tackle? We don't have problems, as in plural. We have just one problem, and that's corruption. It has tainted us and everything we do. Our leaders now consider running away from it to facing it. PS if you believe the subsidy removal is all that there is to our current inflation problems then you have no idea how world economics work....cause for your mind we are insulated from external factors...... Just compare the prices of every service and commodity in Nigeria today with that of May 29th this year. Subsidy removal might not be the only factor, but that's major factor. |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by shortgun(m): 9:19pm On Aug 15, 2023 |
Can we now all agree that Tinubu is empty and clueless?
Dude keeps doing trial and error with the the lives of over 200 million Nigerians. 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by lailo: 9:20pm On Aug 15, 2023 |
Jomonix:
Temporary subsidy on petroleum is not the way to go. Government should try and sanitize the purchase and supply chain associated with the diesel and PMS business. The inherent corruption should be addressed And he will address the corruption in one month? Or u feel people will wait any longer for this hardship to go? The corruption that the previous presidents could not address in 24 years, u want Tinubu to address in one month? Una never no wetin dey do una |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Druss(m): 9:23pm On Aug 15, 2023 |
I will be very disappointed in Tinubu if this is true. He clearly didn't think this through.
There is no difference between a temporary subsidy and subsidy. 3 Likes |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by leokid866: 9:24pm On Aug 15, 2023 |
maasoap:
We don't have problems, as in plural. We have just one problem, and that's corruption. It has tainted us and everything we do. Our leaders now consider running away from it to facing it.
Just compare the prices of every service and commodity in Nigeria today with that of May 29th this year.
It might not be only factor, but that's major factor really corruption is what you're going with....😒 |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by KingLion007(m): 9:29pm On Aug 15, 2023 |
Taylor90:
E don choke the werey
This further proves that this man is empty
He never had plans at first
If he had plans he won’t rush to make that announcement
Na overhyping kill Ebola
Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen
Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now
Confused leader and his brainwashed minions
He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans
He just copied and paste Obi’s words
INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me
Omo Guy u finish d man kpatapata 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by okorogodwin4(m): 9:32pm On Aug 15, 2023 |
Taylor90:
E don choke the werey
This further proves that this man is empty
He never had plans at first
If he had plans he won’t rush to make that announcement
Na overhyping kill Ebola
Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen
Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now
Confused leader and his brainwashed minions
He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans
He just copied and paste Obi’s words
INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me
Omo oga you want to finish Tinubu 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Luckysbab: 9:34pm On Aug 15, 2023 |
festacman:
The good thing about eating one's words is that it doesn't make one fat.
However, this new development even if it is being considered is a red flag that President Tinubu is not as prepared for governance as he campaigned. Unfortunately, not appearing for media interactions or debate didn't help. That President Tinubu knew he would implement the removal of subsidy and floating of Naira soon after inauguration but had no plans to manage the consequences of the these major policy shift paints a scary picture about his future policies.
My suggestion is that Tinubu could go on and appoint Wale Edun the Finance minister as well as appoint his President Economic Team for the usual armchair 'economic indicators' advice. However, he should he headhunt for some young hothead economists and financial experts and place them under his office to serve as his thinktank in brainstorming on policies, creating scenarios, doing risk-benefit analyses, SWOT Analysis, etc to give him the big picture and bird eye view advantages. We need practical ideas from thinking out of box to solve our problems here rather than some textbooks stuff.
How on earth is value of Naira falling and the CBN is speaking grammar. How about rolling about plans with sincere incentives to encourage the local production and exports to cure our trade deficits. Nothing is happening in our economy at the moment. We are just selling crude oil. What about other solid natural minerals? If we share borders with Niger, are we sure we don't have uranium? You must think governance is ABC and there are no policy reviews in the most developed nations. 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Undisputed147: 9:38pm On Aug 15, 2023 |
Wisely spoken. The day all Nigerians will come together and give support to their Leader with one love and mind then this country will be better. We are just killing ourselves. Let's give support to whoever that is our President instead of being sentimental NaughtyBrainiac:
You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed.
Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects.
This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation
A Leader that can make bold positive moves
A Leader that can quickly assess the impact of his policies and seek ways to make things better
A Leader that listens
I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes.
Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible.
1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Deciceco01: 9:43pm On Aug 15, 2023 |
Taylor90:
E don choke the werey
This further proves that this man is empty
He never had plans at first
If he had plans he won’t rush to make that announcement
Na overhyping kill Ebola
Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen
Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now
Confused leader and his brainwashed minions
He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans
He just copied and paste Obi’s words
INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me
Omo Kai you guy you get mouth woo😂😂 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Simplyfun: 9:46pm On Aug 15, 2023 |
Sha be careful what you say online. If they arrest you I no dey oh.
E don choke the werey
This further proves that this man is empty
He never had plans at first
If he had plans he won’t rush to make that announcement
Na overhyping kill Ebola
Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen
Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now
Confused leader and his brainwashed minions
He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans
He just copied and paste Obi’s words
INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me
Omo [/b][/quote] |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by HBB1(m): 9:47pm On Aug 15, 2023 |
IbeOkehie:
To bring back fuel subsidy will be a TERRIBLE MISTAKE. The government should be making LAWS to scrap ALL subsidies and price controls and also selling off all public owned and /or controlled companies, especially those owned by the Federal Government....including bridges, airports, hospitals and universities and schools of every kind. If owning ANYTHING is allowed for government, let it be State and local governments.
Establish or complete a biometric register of ALL Nigerians.
Abolish the Land Use Act and revert all lands to the tribes and people.
Abolish all income tax, both corporate and individual. Implement a small VAT and fixed property SALE tax on assets such as cars and boats and land and quoted shares.
OR
Implement a small, slightly progressive and FLAT income tax with no exemptions or exceptions.
Basically make any income taxes small, no more than 10% TOTAL and inclusive of Federal, State and LGA.
FLOAT THE NAIRA immediately...anyone can sell their forex to whomsoever they wish at whatever price.
Seriously study and figure out a way to drastically reduce money supply. Either adopt the US DOLLAR or Bitcoin or set up an immutable formula for the CBN to follow in printing money. Any money printed will be divvied up and distributed directly and equally to ALL Nigerians. Or maybe Nigerians who wish should be entitled to borrow from the CBN at prevailing interest rate. Just something to stop inflationary expansion of money supply. It can be done.
Do all the above and Nigeria will become a prosperous middle income country within 12 years. Nigeria needs radically FREE MARKETS, nothing else can make the country productive and rich.
Good Luck to Nigeria.
Very intelligent submission! 1 Like |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by yemmywesey(m): 9:47pm On Aug 15, 2023 |
Clueless Ebola 1 Like 
|
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Luckysbab: 9:48pm On Aug 15, 2023 |
Hopebringer:
the truth can only hide but for a brief moment the truth will always show.
See the stupid useless clueless geriatric bastard.
After setting the country ablaze with tribalism and retrogressive policies he wants to back track.
Watch how foreign investors will flee this idiot. Nothing scares foreign investors like policy summersault
This foolish lizard had no plan or blueprint for the nation this lizard just wanted to answer Mr president .
His people attacked and divided the nation wit hatred.
They call everyone who refused to dance to their tune igbo. As if those Igbos are not humans.
See this has finished any chance of a any southwest candidate ruling for the next 50 years. After Igbos do their time my brother my current governor par excellence H.E. Sir Obaseki will the president after the Igbos have done theirs.
Tinubu is nothing but a disappointment. A shame
All the propaganda and lies about having a master plan , where is it? It was all a mirage ! Lies !
See All the foreign investors.will make immediate u turn... this president is so useless.
Spent more time learning how to deceive people than being intelligent.
Now here we are, after all the noise that he has a plan.barely 2 months and suddenly policy summersault
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🔥🤣 America that reversed their 20 year policy on Afghanistan must have had unprepared leaders at the helm of affairs all that time, going by your childish logic. You are a fool, but you are even too dull to realize that yet. 1 Like 2 Shares |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by anyination: 9:50pm On Aug 15, 2023 |
Taylor90:
E don choke the werey
This further proves that this man is empty
He never had plans at first
If he had plans he won’t rush to make that announcement
Na overhyping kill Ebola
Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen
Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now
Confused leader and his brainwashed minions
He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans
He just copied and paste Obi’s words
INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me
U deserve a kiss from my girl friend
Omo |
| Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Goodcitizen1: 9:54pm On Aug 15, 2023 |
Trier and error economics 1 Like |
