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Oil Subsidy Removal, Booby Trap For Buhari – Bamidele - Politics - Nairaland

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Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by Obinoscopy(m): 8:15am On Apr 24, 2015
The Chairman, House of Representatives Committee on Legislative Budget and Research, Opeyemi Bamidele, has said the absence of a provision for fuel subsidy in the 2015 Appropriation Act is a booby trap for the incoming administration of the President-elect, Maj. Gen.Muhammadu Buhari (retd.).

Bamidele, in a statement on Thursday, said Buhari and the All Progressives Congress should understand the full implications of this and take immediate steps to let Nigerians know where they stand on the matter.

“The truth and reality of the situation is that the outgoing PDP administration has, through the 2015 budget, removed oil subsidy and it must be made to accept responsibility for it rather than for the incoming APC administration to bask in the euphoria of having won an election without realising the booby trap into which they and the Nigerian people are walking into,” he said.

The lawmaker, who contested the governorship seat in Ekiti State on the platform of the Labour Party, said apart from the reduced amount of N21bn provided in the Act for the Subsidy Reinvestment Programme, no other provision was made in the budget for subsidised welfare services.

Bamidele warned that the absence of the provision for continued fuel subsidy portends grave implications for the Buhari administration.

The statement read, “To me, this is definitely a booby trap for the incoming administration. Those who were suggesting within the APC that its incoming administration might withdraw fuel subsidy must be educated that they would be sending Nigerians a wrong signal capable of creating the impression that the APC either deceived Nigerians to get their votes or had reneged on its electoral promise as a progressive party.

“This is a serious development and a defining moment that calls for the attention of all well-meaning Nigerians at home and abroad. This is the first time in the last 16 years of our civilian rule that a new political party will be taking over to form a government and if care is not taken, this matter is capable of making the incoming government morally dead on arrival.

“For the record and for posterity purposes, I am opposed to this sudden removal of fuel subsidy and I implore Nigerian patriots to be aware.”
http://www.punchng.com/politics/oil-subsidy-removal-booby-trap-for-buhari-bamidele/

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by babs01(m): 8:16am On Apr 24, 2015
With Baba God nd Baba Buhari everything is possible.

“The truth and reality of the situation is that the outgoing PDP administration has, through the 2015 budget, removed oil subsidy and it must be made to accept responsibility for it.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by vedd: 8:17am On Apr 24, 2015
It's part of the official plot of the saTANic PDPians to sabotage the incoming government and to make the country ungovernable.
So this is how they intend to "bounce back" in 2019. They have failed!

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by missbehave247(m): 8:18am On Apr 24, 2015
Sai baba, no more customise english it now "As it they play it dey show"

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by appini: 8:27am On Apr 24, 2015
Few months from now Nigerians will know that GEJ was not a clueless president.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by appini: 8:31am On Apr 24, 2015
Mr. Bamidele you better advice Baba one chance to go sell his cows in Duara to continue paying for the fuel subsidy.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by MzJackBaueress(f): 8:32am On Apr 24, 2015
Those who were suggesting within the APC
that its incoming administration might
withdraw fuel subsidy must be educated that
they would be sending Nigerians a wrong
signal capable of creating the impression
that the APC either deceived Nigerians to get
their votes or had reneged on its electoral
promise as a progressive party.
This is my uttmost concern. APC and their leaders should be very cautious.

Withdrawin fuel subsidy is not the right thing to do now. All structures must be put in place before taking the decision.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by babs01(m): 8:36am On Apr 24, 2015
appini:
Few months from now Nigerians will know that GEJ was not a clueless president.
shut up! He is d clueless president ever.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ShowYourCertificate: 8:42am On Apr 24, 2015
MzJackBaueress:
This is my uttmost concern. APC and their leaders should be very cautious.

Withdrawin fuel subsidy is not the right thing to do now. All structures must be put in place before taking the decision.
But I thought you guys said fuel price will be N40 per litre, hope you won't renege on your promise grin

#BabaOneChance

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ShowYourCertificate: 8:43am On Apr 24, 2015
babs01:

shut up! He is d clueless president ever.
Buhari is not only clueless but senile as well grin

#BabaOneChance

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by appini: 8:46am On Apr 24, 2015
babs01:

shut up! He is d clueless president ever.

Can't you make your point without been abusive??

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by MzJackBaueress(f): 8:46am On Apr 24, 2015
ShowYourCertificate:
But I thought you guys said fuel price will be N40 per litre, hope you won't renege on your promise grin

#BabaOneChance
shut up please!

It was Tam David West's opinion that per litre of fuel can be sold for 40naira and not the opinion of APC.

Use your brain when necessary. It is not a dummy.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ichidodo: 8:47am On Apr 24, 2015
The booby trap Buhari will fall into is that set up in contemporary parrallel with the very cabals around his desk who will be keen to keep the cash cow called subsidy flowing to the detriment of the masses scammed into One Chance...

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by IsraeliAIRFORCE: 8:48am On Apr 24, 2015
vedd:
It's part of the official plot of the saTANic PDPians to sabotage the incoming government and to make the country ungovernable.
So this is how they intend to "bounce back" in 2019. They have failed!

Stop being ridiculous and think with your brain, the budget wasn't prepared in 2015 nor was there any glimpse that APC will lead the next government

If the budget doesn't capture APC's policies and programmes, a supplementary budget can be forwarded to NASS even immediately after signing the main budget into law.

The purported removal of Kerosene subsidy had no budget allocation, yet the government continued and implemented it because the procedural and bureaucratic measures were not followed by Yar'dua's government.

Subsidies on petroleum products removal can't be implemented with or without budget unless the President makes the broadcast through the media and consequently send the gazette to NNPC and CBN.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by arbitter: 8:51am On Apr 24, 2015
MzJackBaueress:
shut up please!

It was Tam David West's opinion that per litre of fuel can be sold for 40naira and not the opinion of APC.

Use your brain when necessary. It is not a dummy.

And even at that he didnt 'promise' to make it 40 (in case he becomes minster and these scums try to pull that shlt against him)

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ShowYourCertificate: 8:56am On Apr 24, 2015
MzJackBaueress:
shut up please!

It was Tam David West's opinion that per litre of fuel can be sold for 40naira and not the opinion of APC.

Use your brain when necessary. It is not a dummy.
Isn't Tam David West a major APC loyalist and is he not going to be part of APC's government? Or are you guys denying him too? SMH

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ShowYourCertificate: 8:56am On Apr 24, 2015
arbitter:


And even at that he didnt 'promise' to make it 40 (in case he becomes minster and these scums try to pull that shlt against him)
But he did.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by babs01(m): 8:56am On Apr 24, 2015
appini:


Can't you make your point without been abusive??
do u stil need point? its obvious nah
Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by MzJackBaueress(f): 9:05am On Apr 24, 2015
ShowYourCertificate:
Isn't Tam David West a major APC loyalist and is he not going to be part of APC's government? Or are you guys denying him too? SMH
How is Tam David West a major APC loyalist? He is a core-Buharist and there no where he told Nigerians he is an APC loyalist or member.

Are you this daft? Don't quote me again without your brain intact.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ShowYourCertificate: 9:10am On Apr 24, 2015
MzJackBaueress:
How is Tam David West a major APC loyalist? He is a core-Buharist and there no where he told Nigerians he is an APC loyalist or member.

Are you this daft? Don't quote me again without your brain intact.
You'll be very surprised when this same David West you are denying will be given a juicy portfolio by your APC-led government.

APC
#TheOneChanceParty

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by ki02020(m): 9:10am On Apr 24, 2015
Am proud of this observation.....APC should take note,operation start detonating every trap set by the PDP.....NEXT!!!

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by stronger: 9:44am On Apr 24, 2015
I can't wait for post May 29th when it will be fully revealed that the so called subsidy NEVER EXISTED (at least not as much as they say)

Just a scheme by GEJ, PDP and their cronies to steal our commonwealth. Let's be patient. . it will be revealed!

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by yurme(m): 9:51am On Apr 24, 2015
Ok
Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by jimi4us: 9:51am On Apr 24, 2015
what the hell does APC want. sey they've been shouting that the fuel subsidy is a fraud. that GEJ should remove it. now it's removed they're all crying that they want it for their own government. God come and help us ooo, cos clueless cry cry babies have taken over.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by Nobody: 9:51am On Apr 24, 2015
Rome wasn't built in a day, u can't just take off fuel subsidy in one night.

Unless it is a strategic plan to repeat what happened in 2012.
We should kno these things
Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by Nobody: 9:51am On Apr 24, 2015
We may have to remove subsidy...we do not have the money to pay for it thanks to the drop in oil prices.(Where else do we get money to subsidize oil?And oil is not the only thing we subsidize.).

We also have refineries that are not producing at full capacity. (I can remember when fuel was less than N1 per litre. Back then...all our refineries worked...and we still produced other goods for export.Not anymore.).

And because we import oil...it is expensive for the independent marketers to import the stuff(Outside Abuja and Lagos...most Nigerians are already paying N100 and above per liter. Independent marketers are running a business...not a charity).

So it is either we say bye to fuel subsidy....or we say hello to high prices for things like fertilizer, school fees, etc. Meanwhile....we build over 4 more new refineries....and make sure the existing ones are operating at full capacity. And BTW....clean out that Augean stable called NNPC....even if we have to divert the Atlantic ocean to do so).

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by thefakestan: 9:52am On Apr 24, 2015
Who said they'll remove it or not.

And if they must now is the best time.


Only one person actually reasoned this thing through IsraeliAIRFORCE God bless you and your entire unborn generation.

Here is smth we must consider, if this so called LP guy has his brain working properly, then he's indirectly saying the PdP set a "booty" abi "booby" trap for themselves?
Because the budget was prepared in 2014 and @ that time nobody expected APC to actually win the election.

Now let's reason this issue, due to the drop in crude oil price, the cost of PMS had to be reduced from 97- 87, what this means or meant is that we aren't paying for subsidy anymore or even if we are it should be less to nothing. Here is the reason why it was probably not captured because if @ 53$ per barrel we aren't paying for subsidy then if the price of crude should skyrocket to maybe $120 per barrel, then Nigeria will be earning abt 70$ extra from the sale of crude and Nigeria can use some of the extra 70 $ to pay for subsidy by sending a supplementary budget to the National Assembly Shikenah, so Kini BIG Deal?
Or if it remains @ 53$ per barrel, then fine and good there won't be subsidy for the year.

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Re: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by jimi4us: 9:52am On Apr 24, 2015
sey Tom and Jerry West said the whole subsidy thing shouldn't be there. so please baba one chance, make him the minister of petroleum. so that he can come and prove GEJ wrong. cos he have been sitting down on his laptop everyday criticizing FG that they should remove the subsidy. honestly dis APC people are just making me laugh everyday.

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