Professor Itse Sagay said that we are in a competent hands. Professor itse Tinubu and his teams are corrupt, they are incompetent.

matify83:
After deriding the decisions of Asiwaju in removing petroleum subsidy hastily which has come with the attendant worsening of living conditions, the summary of discuss is that with the caliber of people running the economy, we will be out of the woods soon.

I also share in his optimism. What we are going through can be described as "birth pangs" which in due course will deliver lasting dividends if we do not abort the trajectory or stifle it to cause a stillbirth.

Debriding a putrid system must come with some pain even with anesthesia which will wear off at some point.

Putrid system that Tinubu midwifed cannot be debrided by same Tinubu. That's how some of you made excuses for Buhari until end just because Tinubu was promised President after him. The cycle continues and the sufferings too. Keep defending nonsense and keep suffering.

budaatum:
I doubt Tinubu had a choice in the matter when to remove subsidy. I can't see anyone investing ₦10b+ building a refinery without first making sure they can sell at market price, which is higher than subsidised price. Investors aren't usually that stupid with their money.

Hardship? I wonder what he'd say when other subsidies are removed, like the subsidy to employers of labour that distorts wages called Youth Corp!

Was the price of fuel #700 before Dangote and BUA started building their refineries abi what nonsense are you saying.
What about port Harcourt and warri refineries built over 30 years ago, have they removed subsidy before the refineries were built? The truth is the government is lazy and bereft of ideas and only took the easy way out. If the military can build refineries without removal of subsidy, why is the civilian government unable to do same?

Brendaniel:


Are you saying that these people are bigger and more powerful than Tinubu ? You guys and nonsense excuses, cabals you people did not remember during GEJ's time

No but if you no how politics is plaid you no 4years you don't just show wait for your second time and do as you like

That's if you have second time

bewla:
No but if you no how politics is plaid you no 4years you don't just show wait for your second time and do as you like

That's if you have second time

So what you are saying in essence is that Nigerians should suffer for 4 years because Tinubu wants a second term?

He said, “Petrol is critical to our lives. The cost of living is going up, and basic living is now expensive. I think we might have gone on for another six months and as internal production was coming up, then the subsidy can be removed

This is what I've been saying since the time of Noah. Petrol is an important fundamental to our economy.
It shouldn't be so but that's how it is. Removing subsidy on it should have come with much thought, better tact and good planning to mitigate all its effect and ramifications.
But folks like nairalanda1 never understood this. They said I'm a socialist. Now two ministers have come out to disown the removal of subsidy.
Even members of the president's party are now railing against it.
Buhari is now looking like a genius

Sagay should look in the mirror because buhari and bat are two sides of the same coin.

Both are bereft of ideas to move the nation forward.

amoreobansu:



https://dailytrust.com/tinubus-abrupt-subsidy-removal-caused-hardship-sagay/

St*p*d APC lawyer
Ur eye done clear abi

okosodo:
This cow has found his voice

Tinubu gave him the voice

We all thought no other Nigerian president would be as bad as Buhari until Tinubu arrived.

Spot on!... # eBOLA on rampage 💯💯

Kukutenla:

This is what I've been saying since the time of Noah. Petrol is an important fundamental to our economy.
It shouldn't be so but that's how it is. Removing subsidy on it should have come with much thought, better tact and good planning to mitigate all its effect and ramifications.
But folks like nairalanda1 never understood this. They said I'm a socialist. Now two ministers have come out to disown the removal of subsidy.
Even members of the president's party are now railing against it.
Buhari is now looking like a genius

The president did not set up an economic team to do feasibility study and consultations with other stake holders before making that senile and evil pronunciation of subsidy removal and naira floating. He lacks the qualities of a national leader.

ggood:
Lies from the pit of hell

So what caused it?

budaatum:
I doubt Tinubu had a choice in the matter when to remove subsidy. I can't see anyone investing ₦10b+ building a refinery without first making sure they can sell at market price, which is higher than subsidised price. Investors aren't usually that stupid with their money.

Hardship? I wonder what he'd say when other subsidies are removed, like the subsidy to employers of labour that distorts wages called Youth Corp!

Precisely.

The funny thing is that APC is showing its true colors...as a socialist party.

Or rather, as a party that wants to get elected again. They are getting ready for a sacrifice, and the sacrifical animal is the NIgerian economy.

At the end, they will spend more on subsides, people would be happy, and Tinubu would be worshipped as a god....but at what cost? Higher debt, higher debt, and eventual collapse...like Sri Lanka....where we have nothing in the reserves, and are at the total mercy of them lenders.

But no, we must have cheap fuel. Tinubu must be voted in again...the show continues.

Bad government, bad decisions.

Sigh... Tinubu was just in a hurry to show that he was working.

There is absolutely nothing wrong with subsidy removal and floating the Naira, but you have to lay the foundation and prop the most vulnerable for the impact.


Then again... Buhari was no better... Remember the closing of the borders, banning of Twitter, Withdrawal of old Naira notes, etc.


Leadership is truly rocket science among you Africans.

Even a 6 year old knew this

But a so called "World Class master strategist" couldn't see it.

Master Strategist my arse!

Sagay is a fool. Sold your soul to the devil for a morsel of meat 😒

bewla:
but energy drink is 250

Which energy drink is N250? Powerhouse and predator are N400 per 50cl and Monster is N1000

coleon:

Was the price of fuel #700 before Dangote and BUA started building their refineries abi what nonsense are you saying.

No it wasn't. But after they build their refinery with the money they borrowed and have to pay back plus the return on their investment, I'm certain they hoped the price would rise so it's profitable for them. And the first thing I would have done before laying the very first brick if I were them is get an agreement on fuel subsidy because government no de pay, and I'd rather place my investment on market forces.

coleon:

What about port Harcourt and warri refineries built over 30 years ago, have they removed subsidy before the refineries were built?

I wonder how much Port Harcourt and warri refineries petrol you have ever put in a car.

In fact, homework. How much petrol have Port Harcourt and Warri Refineries produced in the thirty years they were built?

coleon:
The truth is the government is lazy and bereft of ideas and only took the easy way out. If the military can build refineries without removal of subsidy, why is the civilian government unable to do same?

The refineries your military built do not work I don't think.

RingRoadCartel:
Where is FreeStuffsNG? I noticed the toad has been silent lately. Hunger don reset him brain?

Dem no dey tell person, nah vulturebbqgrills still dey form patriotic.

There was no way subsidy would be removed and the country would not feel it. Stop gaslighting. You were there advising PMB for 8 years but could not remove it less abruptly so just keep quiet, sir.

MadamExcellency:


Which energy drink is N250? Powerhouse and predator are N400 per 50cl and Meastro is N1000

Monster is 1200

What are the state and local governments doing with the excess
monthly allocations from the federation accounts? The citizens should also hold the governors accountable.

How many ministers do you know by name or performance? Many of these administrators are dead wood.

Local refineries will not reduce the price of petrol.

Itsey Sagay, the Buhari anticorruption man who albeited corruption has found his voice again, but yet talking from both sides of his mouth. It seems like the hardship dey hit am too. Hypocrite.

festacman:
Removing petrol subsidy suddenly on the day of his inauguration without planning for the consequences of such massive policy change?

Floating Naira without adequate plan to contain the effects of such tricky policy change especially given our criminally poor forex earning capacity?

Being couple of months away from one year in office but still hasn't have a clear comprehensive plan to revive the economy?

Is the one flaunted Renewed Hope Manifesto an empty beautiful document?

Ebi npa wa!

his admin is also considering deregulating electricity... with actually no plan to fix our power supply issues..

matify83:
After deriding the decisions of Asiwaju in removing petroleum subsidy hastily which has come with the attendant worsening of living conditions, the summary of discuss is that with the caliber of people running the economy, we will be out of the woods soon.

I also share in his optimism. What we are going through can be described as "birth pangs" which in due course will deliver lasting dividends if we do not abort the trajectory or stifle it to cause a stillbirth.

Debriding a putrid system must come with some pain even with anesthesia which will wear off at some point.

Foolish talk.
I don't how someone will sit down and conjure this nauseating post.
Pathetic.

Yes it is coupled with the floating of the Naira

matify83:
After deriding the decisions of Asiwaju in removing petroleum subsidy hastily which has come with the attendant worsening of living conditions, the summary of discuss is that with the caliber of people running the economy, we will be out of the woods soon.

I also share in his optimism. What we are going through can be described as "birth pangs" which in due course will deliver lasting dividends if we do not abort the trajectory or stifle it to cause a stillbirth.

Debriding a putrid system must come with some pain even with anesthesia which will wear off at some point.

Forget this your long grammar, as long as Tinubu is president no policies of his government will work.
He bribed his way to political power forgetting that nothing bad succeeds.

Divine power is against him, no matter good ideas he has he is bound to fail because he is not people's choice.

buharibanjo:
Food, issue
LIGHT, issues
Security, issueses
Living, issueseses
giANT of Africa 🙌🏾

Useless leaders.

festacman:
Removing petrol subsidy suddenly on the day of his inauguration without planning for the consequences of such massive policy change?

Floating Naira without adequate plan to contain the effects of such tricky policy change especially given our criminally poor forex earning capacity?

Being couple of months away from one year in office but still hasn't have a clear comprehensive plan to revive the economy?

Is the one flaunted Renewed Hope Manifesto an empty beautiful document?

Ebi npa wa!

Are you a wailer now? Although sometimes you sound reasonable.