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"Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG - Politics - Nairaland

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"Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by canuck(m): 2:29pm On Jan 16, 2012
To justify N97/liter, FG & its supporters have said, “If we don’t remove fuel subsidy, Nigeria will collapse like Greece!”

Really? Let’s do quick, basic but relevant comparison:

1. GDP per Capita: Greece $28,000 vs Nigeria $2,500 (1,020% worse!)
2. Unemployment: Greece 18% vs Nigeria 47% (29 basis points worse!)
3. Avg Salary/Yr: Greece $24,000 vs Nigeria $1,000 (2,300% worse!)
4. Minimum Wage/Mth: Greece $1,000 vs Nigeria $113 (785% worse!)
5. Pop Below Poverty: Greece 20% vs Nigeria 64% (44 basis points worse!)
6. Uninterrupted Power: Greece “Yes” vs Nigeria “No” (Unbearably worse!)
7. Security: Greece “Yes” vs Nigeria “No” (Fearfully worse!)
8. Quality Education: Greece “Yes” vs Nigeria “No” (Shockingly worse!)
9. Infrastructure: Greece “Yes” vs Nigeria “No” (Dauntingly worse!)
(Sources: World Bank, IMF, Country Statistics)

And GEJ is saying that Nigeria’s economy will collapse like Greece if he does not unleash untold hardship on the people – Headline: Nigeria’s economy collapsed decades ago, and sank to al all-time low in the last decade under PDP!

Shoeless Joe is comparing us with Greece?!

Mr. President, make us like Greece!!!
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by montelik(m): 4:14pm On Jan 16, 2012
LMAO grin
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by philip0906(m): 4:16pm On Jan 16, 2012
muhehehe. . .d ijaw fisherman now turned scammer grin grin
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by Nobody: 5:06pm On Jan 16, 2012
Tell jonagoat that he should reduce recurrent expenditure to 60% as against 72% that it is in the 2012 appropriation so that Nigeria will not collapse.


Tell him that the Greek president doesn't eat with 1billion naira per annum

Tell him that the member of parliament in Greece doesn't earn as much as $1.7million annually
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by ACM10: 5:09pm On Jan 16, 2012
We all know that these labour peeps are sell-out.

It takes a bunch of brainless id!ots to trust them.

That's why Igbo traders refused to join them from day one of their mass hysteria.

In their little mind, they think that they won in the standoff with Jona.

It has always been their pattern all the years.

First, they will inflame people's emotion with their comments.

Then exploit the anger of the masses.

Only for them to go to the back and cut deal with the govt.

Leaving the stup!d masses high and dry.

Too bad that some folks sacrificed their life in this id!ocy.

Igbo people are the most sensible in this debacle for refusing to join up in this group id!ocy.

At the end, nothing is achieved, nothing changes and the little gain of these id!ots will soon be reversed.

mtcheeew. . .phantom country with foolish masses. embarassed

It takes an id!ots to be led by f[i]o[/i]ols
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by Fhemmmy: 5:10pm On Jan 16, 2012
Lol . . .
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by Nobody: 5:14pm On Jan 16, 2012
Seriously Jonathan won this battle by 50%.( 65/2= N32+N65=N97/litre)

He succeeded in increasing the price of petrol from N65/litre to N97/litre.

Dont think you Nigerians won by thinking he reduced the price from N141/litre to N97/litre
Re: "Nigeria Will Collapse Like Greece If Subsidy Is Not Removed!" - FG by canuck(m): 5:47pm On Jan 16, 2012
toba:

Tell him that the Greek president doesn't eat with 1billion naira per annum

Sad but true. . .No political class lives as large as Nigeria leaders! Not even hedonic Greece undecided

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