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Will Jonathan Reverse The Fuel Price To =n= 65/litre? - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Will Jonathan Reverse The Fuel Price To =n= 65/litre? (7032 Views)

How Will Jonathan Win 2015 Election Going By The 2011 Result...i Pray Ooo / Will Jonathan Blow Up Nigeria For 2015? / FG Reverts Fuel Price To 65 Naira Per Liter? (1) (2) (3) (4)

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Will Jonathan Reverse The Fuel Price To =n= 65/litre? by kofomii: 7:18am On Jan 10, 2012
I doubt if Jonathan will ever reverse the price from the looks of advice hes getting.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Lasinoh: 7:33am On Jan 10, 2012
If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu! kiss
He needs to trim the salaries of his cabinet and that of the ALL government officials to balance this.
Period.

No need using oil subsidy to pay for unproductivity.
BORROWED MONEY FROM THE IMF for that matter.
Nigerians should learn to live within their means.
Period! kiss

Frrrrrrrrrrrrrrrrrrrrrrrresh air jor!!! kiss
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by tboy11(m): 7:37am On Jan 10, 2012
Lasinoh:

If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu! kiss
why shouldn't he. Tell me why is GEJ so silent abt boko haram and subsidy removal is a do or die affair
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by vicishow(m): 8:07am On Jan 10, 2012
As if he has a choice.

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Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by efisher(m): 8:15am On Jan 10, 2012
I hope he doesn't cos this is our best shot at economic breakthrough as yet.
I will prefer if he offers more cuts in allowance of executives and increase minimum wage. I think he also needs to look very closely at Ben Bruce's transport plans.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by igbonla(m): 8:42am On Jan 10, 2012
He should cut the cost of governance immediately and put pressure on the national assembly to do same. He also need the national assembly to review all the parastatals under the Fed Ministries, they are way too many and useless. He will get the people on his side and wont need to back down on the removal.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Anybaba: 8:52am On Jan 10, 2012
If GEJ returns to the fraudulent fuel subsidy scheme, I will lead a protest.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by ridgeman: 8:53am On Jan 10, 2012
GEJ is standing at the door of history, if he walks through he will cut government spending by at least 75% and will have full support of the public, if he turns back and reverses the price and still leads a bloated government then he will forever be labelled a failure. GEJ do the right thing for Nigerians!
 
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Bliss4Lyfe(f): 8:56am On Jan 10, 2012
I don't think so.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by agabaI23(m): 8:58am On Jan 10, 2012
Lasinoh:

If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu! kiss
He needs to trim the salaries of his cabinet and that of the ALL government officials to balance this.
Period.

No need using oil subsidy to pay for unproductivity.
BORROWED MONEY FROM THE IMF for that matter.
Nigerians should learn to live within their means.
Period! kiss

Frrrrrrrrrrrrrrrrrrrrrrrresh air jor!!! kiss

You are so on the money. I agree with you totally
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Remii(m): 8:59am On Jan 10, 2012
I hope he sticks to his gun but he should also withdraw the 2012 budget and reduce govt expenditure by 50% at least in a modified one to be resubmitted to the NASS. He may also drop PMS to N100 and get rest of subsidy out by 2013.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by otokx(m): 9:00am On Jan 10, 2012
yes
 
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by koolman: 9:01am On Jan 10, 2012
If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu!

Lasinoh
God punish you and all your generation for referring to Ikemba Nnewi as a coward.
May God twist your mouth and brain for being silly.
We are talking about fuel subsidy and your coward "woman like" president Badluck Jonathan and you are bringing ikemba into it.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Timmy321(m): 9:02am On Jan 10, 2012
he HAS NO OPTION THAN TO REVERSE IT. Is it not Ngozi and Lamidi that saw him as a fool and they are decivin him, let them continue and use their silly hands kill their silly party.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Nobody: 9:03am On Jan 10, 2012
Remii:

I hope he sticks to his gun but he should also withdraw the 2012 budget and reduce govt expenditure by 50% at least in a modified one to be resubmitted to the NASS. He may also drop PMS to N100 and get rest of subsidy out by 2013.
Yes to reduction of Government spending and Yes to ZERO subsidy, Subsidy is dead and buried.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by prodam(m): 9:07am On Jan 10, 2012
not necessarily reverting to 65naira.
you see this issue is an economic issue and should be dealt with as such,
looking at the deregualtion of the downstream petroleum sector, its a blessing but blessing has unfortunately turned out to be a misfortune in the lives of Nigerians.
this is because:
1. Nigerians are paying for the good they never bought,(we are not supposed to be the one suffering or paying darely for the loss through subsidies over the years as claimed by the FEC)
2. Our leaders have refused to take part in the pains and endurance, its not enough to slash salary, slash other things(since they claimed its for a short period),
3. As i have said, the finance minister has really performed short of expectations of Nigerians, in issue like this, in order to balance up the effect and stabilise the economy, they are economic measures to take, if they were taken, then the issue would have been a different one, u are reducing fuel price by more than 100percent, after a poor feasibility studies, no fore-warning, no referendum, no consultations,

finaly, the price should be put at an affordable and reasonable one not necessarily  65naira,
Nigerians, I must say  are really peace-loving people, we must say,,if it were to be the east-africans, a govt does such a thing coupled with the present problems of boko-haram,kidnapping,hunger , there would  have been a  war out-break to that effect,
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Nobody: 9:10am On Jan 10, 2012
Lasinoh:

If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu! kiss
He needs to trim the salaries of his cabinet and that of the ALL government officials to balance this.
Period.

No need using oil subsidy to pay for unproductivity.
BORROWED MONEY FROM THE IMF for that matter.
Nigerians should learn to live within their means.
Period! kiss

Frrrrrrrrrrrrrrrrrrrrrrrresh air jor!!! kiss

You are constantly fooling yourself by the day and proving to everyone that you are a waste of space.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by fuke(m): 9:12am On Jan 10, 2012
vicishow:

As if he has a choice.

INVESTMENT!!!

Are you looking for a sustainable investment in this year 2012? Hurry up and visit

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or call me on: 08039553568.

Enjoy.


There are no posts in your link perhaps because it is free.

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By the way, the rule here is no ad.

Why cannot we obey simple rules and procedure.?
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Softmojo: 9:19am On Jan 10, 2012
Personally the way i see it i do not think GEJ will revert back to N65/litre.
But I also want Nigerians to be patient. Now is not the time for NLC/TUC to protest. March is just months away. Lets all wait if by then we see no changes i.e Railways not working and no other projects embarked upon. Then we can #occupyNigeria and begin and indefinite strike/protest against outright corruption and betrayal
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by gotcha(m): 9:23am On Jan 10, 2012
I doubt if he will reverse the policy,

He will just wait till naija ppl get tired of protesting as we always do, and get with the program cry
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by seunlayi(m): 9:24am On Jan 10, 2012
He can just make some more adjustment in govt spending ,
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by dreams22: 9:28am On Jan 10, 2012
CNN:If the government backs down and restores the subsidy, it may appear weak to northern militants and southern separatists, Campbell said. If it tries to wait out a strike in hopes that the protests will disintegrate, it risks a crippling disruption in the flow of oil, which provides 95 percent of Nigeria's foreign exchange and 80 percent of its government's budget.

Nigerians strike over gas price increase
"The government finds itself, I think, in an extraordinarily difficult situation," Campbell said.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by dreams22: 9:29am On Jan 10, 2012
Exodus 19:12 And the LORD hardened Pharaoh's heart, and he did not listen to them,
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by princess02: 9:30am On Jan 10, 2012
Can you imagine that some banks are working, they are smuggling some of their staffs to work, I got an intel that they are trying to smuggle some funds out of Nigeria IFO some politicians who intend fleeing the country due to the present situation.

NLC should be informed on this so as to shot down their operations
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by Nobody: 9:34am On Jan 10, 2012
PROTEST AGAINST THESE CABALS
Oando Nigeria Plc, N228.506billion;
Integrated Oil and Gas Plc, N30billion;
MRS, 224.818 billion;
A.A. Rano, N1.14 billion;
A-Z Petroleum, N18.61 billion;
A.S.B, N3.16 billion;
Arcon Plc, N24.116 billion;
African Petroleum, N104.58 billion;
Aminu Resources, N2.3 billion;
Capital Oil, N22.4 billion;
Con Oil, N37.96 billion;
Avante Guard, N1.14 billion;
Avido, N3.64 billion;
Boffas and Company, N3.67 billion;
Brilla Energy, N960.3 million.
D. Jones Petroleum, N14.86 billion;
DownStream Energy, N789.648 million;
Dosil Oil and Gas, N3.375 billion;
Inco ray, N1.988 billion;
Eternal, N5.574 billion;
Folawiyo Energy, N113.32 billion;
Frado International, N2.63 billion;
First Deepwater Oil, N257.396 million;
Heden Petrol, N693 million;
Honeywell Petrol, N12.2 billion;
AMP, N11.417 billion;
Ascon, N5.271 billion;
Channel Oil, N1.308 billion;
Fort Oil, N8.582 billion;
Enak Oil & Gas, N19.684 billion;
Bovas & Co. Nig Ltd, N5.685billion;
Obat Oil N85billion.
IPMAN Investment Limited, N10.9billion;
Atio Oil, N64.4billion;
Emac Oil, N19.2billion.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by goodtogo: 9:34am On Jan 10, 2012
It is better for him to revert back to N65 and keep peace in the nation. Put the palliatives in place for the next 6 months and then remove the subsidy.
It is better to spend N1trillion for a year and keep the nation at peace than to save N1trillion and divide the nation
 
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by whitehawk(m): 9:38am On Jan 10, 2012
He shoudl NOT REVERSE himself.

Consumption should NOT be subsidized.

In fact he has other SUBSIDIES to REMOVE ( PHCN, Agriculture, Road/Railroads).

GEJ has started very well. He REPEALED THE OFFICIAL SECRETS ACT in 2010. That little know decree was the basis of Nigeria's corruption.

Since time lost until year, under the Official Secrets Act, it ILLEGAL punishable by IMPRISONMENT for anyone to ask for or to Disclose the DETAILS of ANY GOVERNMENT BUDGET !!!!.  

YES !!

By repealing the relevant parts of the Official Secrets Act, you and I can now ask for the full details of all government budgets ( Federal, State and Local). We should COMMEND GEJ !!!.

But under military rule every 1st of January, the National Budget was read to the solemn national anthem. The leaders the proceeded to spend the money as they wished.

Recall also that in 1999 that it was AFTER OBJ was sworn in as President that Gen. Abubakar gave OBJ the 1999 Constitution. Since then we have been operating a democracy with a MILITARY mindset. Every "leader" is a "commmander". Speaker Bankole locked out the ELECTED members ofHouse of Rep memebers who accus him of corruption and demanded an apology before he would PERMIT them to return.

Because of the  immunity and  impunity, Corruption became endemic.

With our access to the details of government budgets, we can see the bloat in goverment expenditure.

The Government should be RESPONSIBLE for housing or  feeding ministers, government executives or legislatures.

The NLC, the NBA and the House of Representatives are NOT ANGELS at all.

When Sanusi Lamido revealed that 25% of the National Budget was spent on the National Assembly no one supported him. Not the clergy, the NBA or the NLC. Shortly thereafter the former Speaker of the House of Reps was arrested for borrowing  from the banks and spending 40 BILLION NAIRA in additon to what was budgeted for. Sanusi fought a lone fight. He was disparaged by the House of Reps. The NBA, the NLC, Pastor Bakare and Mallam Rufai did not come to fight corruption.

The fuel subsidy has to be removed because it is the sure way to stop the Corruption in that business. The fight against Corruption must BE INSITUTIONAL AND PROCESS BASED.  The EFCC and the Judiaciary have not been effective becasue that approach is based on the PERSONALITY of the EFCC Chairman of a particular judge.

Please read Sanusi Lamido's details of how the Fuel Subsidy FRAUD is perpetrated by excutives of the petrol industry, Nigerian Customs, oil industry regulators etc. This will give an idea of the vast scope and depth of the FRAUD.

Also please remember that NLC is not necessarily fighting for the masses. It has never called a stricke over food or agriculture (becauuse the unons from that sector is not a major contibutor to NLC's finances) nor over Corruption. Never. The NLC strikes only for Oil sectore, PHCN and the Old Nitel.
President Obasanjo sold the refineries to the private sector. The same NLC resisted and got President YarAdua to make a political decision to reverse the sale.  Recently GEJ approved that the salaries of PHCN workers should be tripled to secure their support for the power sector reforms but requested that each PHCN staff should be verified by biometric. The NLC and PHCN union accepted the pay increase but went on strike over the biometric testing. But the government knows that without biomentric testing the slary increase will become another bottomless opportunity to STEAL money. For you dear reader, PHCN/NLC have refused to continue with the Pay-As-Use electronic meter because it closes a major opportunity for PHCN to steal your money through their spurious bills.

The FIGHT AGAINST CORRUPTION IS NOT EASY AND IS NOT PAIN LESS.
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by kruku: 9:38am On Jan 10, 2012
Personally the way i see it i do not think GEJ will revert back to N65/litre.
But I also want Nigerians to be patient. Now is not the time for NLC/TUC to protest. March is just months away. Lets all wait if by then we see no changes i.e Railways not working and no other projects embarked upon. Then we can #occupyNigeria and begin and indefinite strike/protest against outright corruption and betrayal

@ Softmojo, Ordinary, i may agree with you. The reason i will not for now is i do not trust this PDP government! The federal government has spoken how she will spend her share, did you hear anything from the state and local government. just nothing! It will be a looting galore! free money share the money.  cry
Re: Will Jonathan Reverse The Fuel Price To =n= 65/litre? by KIM2004: 9:39am On Jan 10, 2012
If he does it. . .he will be the greatest coward in history.
Even worse than Ojukwu! Kiss
He needs to trim the salaries of his cabinet and that of the ALL government officials to balance this.
Period.

No need using oil subsidy to pay for unproductivity.
BORROWED MONEY FROM THE IMF for that matter.
Nigerians should learn to live within their means.
Period! Kiss

Frrrrrrrrrrrrrrrrrrrrrrrresh air jor!!! Kiss

A leader is fully responsible for all his advice. his left for him to take or reject any advices from his aids. I sincerely think it will be unwise and uneconomical  for GEJ to reverse back to the old old price. If the National assembly take about 25% of the Budget=to amount use for Subsidy. since they are asking us to contribute 1.3Tr. the Executive and the National assembly  (Senators  and REP) should also reduce theirs by 1.3tr. which will amount to about 2.6tr. this will help us to grow fast as they promised. You  give sacrifice we also  our own sacrifice period.

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