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Nairaland Forum / Nairaland / General / Politics / Peter Obi Speaks On Petrol Subsidy (29715 Views)
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Re: Peter Obi Speaks On Petrol Subsidy by casualobserver: 4:07pm On Jul 06, 2022 |
Paullo19: and you that understand please tell us because he neither said yes or no |
Re: Peter Obi Speaks On Petrol Subsidy by Paullo19: 4:10pm On Jul 06, 2022 |
Qtrpst4:Tinubu will do his by recruiting 50million youths into the military and feeding them with corn,. Cassava and agbado.. ��� 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by shortIGBOman: 4:10pm On Jul 06, 2022 |
ekineme: Who we decide to vote is none of your business. But one thing is for sure, Igbo will never rule this Country. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by kozmokaz(m): 4:11pm On Jul 06, 2022 |
Maxpro121: Peter is visionary |
Re: Peter Obi Speaks On Petrol Subsidy by mecusbosco(m): 4:11pm On Jul 06, 2022 |
Oya let me tell you how. If you remove subsidy and spend $20b to fix power, yes, the. Price of fuel might go up almost matching the diesel price for a few months. When power is fixed, there will be less demand for diesel by companies/ manufacturing firms. Automatically applying law of demand and supply, less demand for our diesel, low price. Now back to fuel, with another subsidy money removed, use it to fix our refineries. There won't be need for exportation and importation and refined products and as a result drags down the price of fuel again. Now you spent 2 monies in the right direction to achieve 4 important things for the citizens. 1. Electricity 2. Refinery working again 3. Cheap fuel 4. Cheap Diesel Everybody is happy. Subsidy is a scam Officialgarri: 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by Paullo19: 4:12pm On Jul 06, 2022 |
casualobserver:He neither said yes or no with reasons..so if u read well and u are able to comprehend, u would understand what he meat by if there's alternative. |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:13pm On Jul 06, 2022 |
Brendaniel: The "alternative to subsidy removal" is not a new idea. It is also not a good one. Alternative to subsidy does not address local production, to halt importation. It only substitutes fuel subsidy with other cheaper subsidies, that intend to cushion the effect of fuel subsidy removal. That is not the solution to fuel subsidy. He is a noisemaker. |
Re: Peter Obi Speaks On Petrol Subsidy by aribs(m): 4:13pm On Jul 06, 2022 |
fyneguy: Thank you for your objectivity. The man is quite confused in his rationale |
Re: Peter Obi Speaks On Petrol Subsidy by Everlastingson: 4:13pm On Jul 06, 2022 |
casualobserver: How old are you? Why has your Buhari not removed it if it's that simple? You have to provide an alternative b4 removing subsidy, which is what Mr Obi said. You know that subsidy is fraudulent but you still support APC. Is it not your Buhari that quadrupled the amount he claims the country pays on subsidy? You claim to be a casual observer but you attack Obi day and night. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by Chijeep(m): 4:18pm On Jul 06, 2022 |
shortIGBOman:Your headache |
Re: Peter Obi Speaks On Petrol Subsidy by Everlastingson: 4:18pm On Jul 06, 2022 |
SIRTee15: You have said nothing. You do not know Obi's history as Governor. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:19pm On Jul 06, 2022 |
Juanmike: BAT was the one who helped Dangote with technical partners for the refinery, and siting it in Lekki. BAT has done more than talking about solution. He has helped in creating local production capacity, as the solution to subsidy problem. You don't have to be President to make moves. That's the difference between Tinubu and this noisemaker |
Re: Peter Obi Speaks On Petrol Subsidy by casualobserver: 4:22pm On Jul 06, 2022 |
Paullo19: You dont think a serious candidate should by now know if there is an alternative or have a plan by now for an alternative...7 months to the election? ..no? or he going to travel to Saudi to learn that one? be under no illusion the economic fortunes of Nigeria are hinged on subsidy removal, we are currently spending the equivalent of 5 Lagos to ibadan rail projects every year on subsidy! Subsidy is consumption while the productive sectors of our economy use diesel where there is no subsidy!! So dont let anyone fool you, no subsidy removal, no infrastructure, no investment in education , no economic growth. So any presidential candidate who doesnt have a plan by now on subsidy, security (state police) and restructuring is not serious. |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:22pm On Jul 06, 2022 |
PBeni: Lol he meant other subsidies that will reduce the effect on fuel subsidy removal on the masses. That will fail. |
Re: Peter Obi Speaks On Petrol Subsidy by Vitally123: 4:23pm On Jul 06, 2022 |
Officialgarri: Hey, it's dangerous arguing what you don't know. An economist understands how economic forces work, but a lesser mind without economic portfolio talks just becuase others talk. Please get your economic facts or remain silent, please. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:24pm On Jul 06, 2022 |
Af0nja: Lol it won't work A huge chunk of our forex is spent on oil importation. You need to produce fuel locally, otherwise, you will continue to struggle. |
Re: Peter Obi Speaks On Petrol Subsidy by Nobody: 4:25pm On Jul 06, 2022 |
Everlastingson: When subsidy goes, then there would be money and profit for refineries. It is that simple, we are using the money we should have used for refineries for subsidy. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by kizyalex10(m): 4:26pm On Jul 06, 2022 |
Brightreporter:im 100 percent IBIDIENT…but I’m scared,why Tinubu and Atiku are not panicking about this man is because they know that the amount of illiterates in Nigeria and those who does nt have access to social media or even if they have don’t have the mental capacity to understand what mr Peter obi is trying to do for Nigeria,those people have major population and that is why they re not bothered about going for interview because they know with their money and foot soldiers they can buy those majority .so poverty and illiteracy remains their weapon to conquer Nigeria always.God help us |
Re: Peter Obi Speaks On Petrol Subsidy by Af0nja: 4:26pm On Jul 06, 2022 |
fyneguy: What will not work?? Using the savings from subsidy to increase budget allocation to other sectors? Focus on the subject please, provision of an alternative to compliment the result of subsidy removal? It will work sir!! How much is ASUU fighting for? What is our annual education budget? 2 Likes |
Re: Peter Obi Speaks On Petrol Subsidy by shortIGBOman: 4:28pm On Jul 06, 2022 |
obinto: We have no business with Peter ObiTUARY. He is Igbo and Igbo can never rule this our beautiful Country. 1 Like
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Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:29pm On Jul 06, 2022 |
07kjb: This is a terrible proposition. It does not solve the problem. You must produce fuel locally, which is what Dangote refinery seeks to achieve. |
Re: Peter Obi Speaks On Petrol Subsidy by Everlastingson: 4:30pm On Jul 06, 2022 |
Saintsammy59: They're all focused on him trying to find fault not knowing they're advertising him the more. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by Juanmike(m): 4:32pm On Jul 06, 2022 |
fyneguy:He help Dangote? PO did so much for education outside government to and check. BAT will get twice as much from the money being remited to him from Lagos state account. |
Re: Peter Obi Speaks On Petrol Subsidy by bluebabyboy1: 4:32pm On Jul 06, 2022 |
FalseProphet1: |
Re: Peter Obi Speaks On Petrol Subsidy by thirdi(m): 4:33pm On Jul 06, 2022 |
The Nigerian problem is not complex. Root cause analysis We apply complex solutions to simple problems. Commissioning of bridges - this is laughable Get power right Mass transit - Rail, urban transport Security - kill pipeline vandalisation secure your borders Get the economy working It will be well |
Re: Peter Obi Speaks On Petrol Subsidy by ekineme: 4:33pm On Jul 06, 2022 |
shortIGBOman: You need mental Evaluation if your problem with Peter Obi is because he is Igbo and not because he is not the best candidate, this is National issue and bringing Tribe into it says alot about your personality. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:33pm On Jul 06, 2022 |
Af0nja: Lol It still shows he lacks knowledge and understanding of fuel subsidy. Oil importation accounts for 50% of Nigeria's forex spends. It means the devaluation of Naira is largely because of oil importation. The bigger issue is fuel importation itself. That is what needs to be addressed and subsidy will be gone! PO focused on symptoms, while neglecting the disease itself. |
Re: Peter Obi Speaks On Petrol Subsidy by thirdi(m): 4:36pm On Jul 06, 2022 |
fyneguy: Given that this is a private enterprise - how will the price be regulated? 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by Everlastingson: 4:38pm On Jul 06, 2022 |
Subsidywise20: Are you suggesting the refineries aren't working because there's no money to fix them? And the money must come from subsidy removal? How much has this present zombie administration claimed to have put into the refineries? That the refineries aren't running is simply down to foolishness, sabotage, corruption, and wickedness. 1 Like |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:42pm On Jul 06, 2022 |
Mrkumareze: In theory, Yes. The truth is if you stop subsidizing fuel, to spend the savings on other things, the effect on the economy will increase inflation, and make the savings of little or no value! The best solution is to solve the root problem, which is fuel importation. The moment we start sourcing for fuel locally, it will totally end subsidy and free up resources for developmental projects. It will also make more forex available, to strengthen Naira. |
Re: Peter Obi Speaks On Petrol Subsidy by marod(m): 4:45pm On Jul 06, 2022 |
Three candidates, the first talks about and sometimes, magnifies problem in a system, then compares and criticises, without offering viable solutions nor paying reference to how he tackled similar problems when confronted. The only track records that are being emphasised are how he acted a perfect gentleman and being Mr Nice guy. The second only talks about track records and how they remain unmatched. He emphasises how he tackled problems and how it can be replicated at the national level. He references human capitals that he has built and how he was able to put round peg in the round hole. Unfortunately, the second appears to be weaker but surprisingly been much more active and at a level that has been unmatched infact. He also sarcastically referred to the fact that he has, rightly so paid his dues and arguably the most deserving. The third? He has been told by those 'that have seen' that he will be the next president, so, why does he have to make effort? The informed Nigerians who know what's at stake and wish well for the country are fortunately the majority and will decide with their vote and will not make noise nor respond to propaganda online. They do not take argue with mad men, not to talk of talking to mad men, talkless of taking advice from mad men. |
Re: Peter Obi Speaks On Petrol Subsidy by fyneguy: 4:45pm On Jul 06, 2022 |
conscienceman4: What exactly will you do in 6 to 8 months? |
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