https://www.youtube.com/watch?v=SNTvWKjRozQ

Dirty Liar

https://www.nairaland.com/841985/ngozi-okonjo-iweala-al-jazeera-interview-fuel

OBAGADAFFI:


Do you know the Babangida she is talking about?

That's the former Nigerian state governor.

Even worst Ibb had experience so we would at least understand that.

seguno2:
The northerners are politically smarter than their more educated southern fellow citizens.
Always scheming us into scoring own goals.
What a pity.
Will we ever get it right?

That's becos we doing everything to avoid war n massacre but the northerners are preparing for it! they want it and even when we avoid them they still instigate the killings and mayhem..

madridguy:
His timing was so wrong and reason everyone stood against him. He crippled many activities then and till date many are still suffering from his wrong timing. He knew majority of people are back to their various home town for Christmas and New year celebration and yet he make such announcement without consideration.

I quite remember vividly... I was affected as I had gone out to have good times with friends only for the bus conductor to inform me that the regular fare has been increased by 100% simply because "Jonathan increase fuel price". I was filled with rage instantly. The move affected my family as well. I came to Nairaland with an article "WHAT MANNER OF MAN IS JONA" Sadly, I couldn't find the piece.

The next day I joined some equally angry people in Lagos and we moved to Ojota to protest even before NLC joined us.

BetaThings:
So only Northerners were governors

Did you miss where Babangida Aliyu was the arrowhead? He was later one of those saying that he had a written and signed agreement by Jonathan for only one term, which he never produced.
There was a grand scheme to have power back in the north asap.
Jonathan was not as tough and wily as Obasanjo who faced similar pressures, including the Sharia law.

favourbaby:
Mana Aunty Ngoo, you were one of the vocal voices denouncing and demonizing the protests?

You and your ilk defended the indefensible all to our collective detriment.

It's just a matter of time too, Tuface would also come out to say why he has taken on a ride as regards the nation wide protest he intimated us about.

Read with sense she didn't say it was wrong she said it was ill timed

SirToby:
But Madam Ngozi defended the fuel subsidy live on Channels TV.

If you've been in management before, you will know that once a decision has been reached and communicated, you have to own it and be one of its supporters even if you personally don't agree. It's management decision.

Also, she never said she was not in support of removing fuel subsidy. It's the timing she did not support.

Funnicator:


so buhari who is seen as a man of his own how is he coping with national policies on welfare, security, infrastructure, ethnic jingoism etc?

in every administration, there are always cabals running the presidency behind the curtains, your administration only succeeds if you have the right people inside this "cabal" and not some selfish self centered bastardss

All QueenOfNepal said was GEJ wasn't a man of his own. She never mentioned Buhari or even hinted about him.

So how did you come up with this conclusion that Buhari is a man of his own from what she said??

Why do people like you think any anti GEJ comment is a pro Buhari comment and vice versa?

Talking to people like you is like talking to a wall.

slimfit1:
The President with PHD that cant use is own initiative. The man that makes PHD look stupid taking advise from Babangida can you imagine.

Babangide is also a PhD holder so it’s called rubbing minds

blank:


If you've been in management before, you will know that once a decision has been reached and communicated, you have to own it and be one of its supporters even if you personally don't agree. It's management decision.

Also, she never said she was not in support of removing fuel subsidy. It's the timing she did not support.

OR you resign if you reallyy disagree and in this case was not consulted as she claims

she is lying.

SHE advised the cut asher masters the IMF suggested

TonyeBarcanista:
Thank you NOI!

I said it and will continue to maintain that the announcement of subsidy removal was ill-thought, done in bad faith and ill-timed.


How could he had removed the subsidy overnight without a palliative in place and without addressing the subsidy fraud and culprits involved? Silly move


Meanwhile, Chief servant Babangida Aliyu has been sabotaging Jonathan since 1880.

That decision was shocking, ill timed as it was silly. It was a decision that the GEJ administration never recovered from.

Moradeyoolayemi:
I think his problem was actually separating the good advices from the bad.

Nawa for you people. What is different between your definition and incompetent? The man was incompetent simple.

seguno2:


Buhari, the adult and soldier is being deceived by his IG who refused to go to Benue after being ordered to do so
Maybe Buhari did not even order the policeman and he was just telling us lies as usual

the lazy idiotic pigs of Biafra are confuse,

How did IG deceived buhari for the killings in Benue,

If IG fails to be on duty, how does that amount to being deceived,

In other words IG deceived himself, not buhari.

https://www.pmnewsnigeria.com/2012/01/08/subsidy-insighthow-okonjo-iweala-misled-jonathan-with-figures/

On the eve of Nigeria’s general strike to protest the removal of petrol subsidy in the country by the Goodluck Jonathan administration, I have been researching the archives, using the Freedom of Information law as cover, to find out how President Jonathan reached his present anti-people policy.

It all started on 6 December last year, when Ngozi Okonjo Iweala, the Finance minister and the coordinating minister for the economy (a position not provided in our constitution) presented ‘briefs’ to the Federal Executive Council on why the Jonathan administration must end the subsidy in less than a month.

When Nigerians go through these so called facts, they will find that Okonjo’s conclusions are the typical, ‘working to the answer’. Her thesis cannot stand the test of a strict scrutiny and indeed calls into question her credentials as a financial expert.

For starters:

1. Okonjo’s thesis was wrong from the beginning: she says that subsidy does not reach the poor, that only the rich and the middle class are the beneficiaries. The hollowness and shallowness of the position have been profoundly proven by the cries of agony by Nigerians. Who have been the most hit by the anti-people measure? The poor. Who have been crying loudest? The poor.

Even, if we accept her theory that the rich and middle class are the greatest beneficiaries of oil subsidy, are they not Nigerians? Are they not entitled to some goodies from their government?

2. Okonjo posited that Nigeria had spent N3.6 trillion on subsidy in five years, an average of N660 billion yearly, but fails to explain how the figure rose to N1.3 trillion in 2011, the same year like 2008 when international oil prices shot to the roof.

Using Okonjo’s statistics, the average crude oil price in 2008 was $101.78 dollars, compared with $113.98 in 2011. The amount of subsidy in those years was at variance by more than 10 per cent that any reasonable, rational, logical person will expect. What accounted for this difference? Was subsidy fund stolen to fund Jonathan’s re-election campaign? Was the increase in subsidy expenses because the oil cabal presented bogus claims for settlement?

Mrs. Okonjo Iweala did not explain and no one provided any details.

3. Okonjo’s analysis to paint subsidy as bad and to justify why it must go, were based on two oil prices and it was obvious she did so to arrive at her bogus conclusion.

In one breath, she used $113 dollars as the base price of crude oil to determine how Nigeria’s subsidized oil price ranks with other African countries. At 46 cents, petrol is cheapest in Nigeria, compared with mainly non-oil producing countries, such as Cape Verde, CAR, Malawi, Ivory Coast, Egypt, Equatorial Guinea, and Mali etc. Angola, an oil producer is also classified as selling its petrol higher than Nigeria at 69 cents a litre. If only Mrs. Okonjo had looked at her figures and graph, she would have seen two other oil producers in Africa, seating pretty below Nigeria on this price graph. These countries are Algeria, which unlike Nigeria sells more refined products than Nigeria, which sells its crude to the world, without trying to add value, by refining and creating jobs at home. The other country is Libya. Algeria sells a litre of petrol at 32 cents and Libya sells its own at 17 cents. They are fellow oil producers like our country. According to Okonjo, these countries offer cheap fuel to their people because they are not as populated like Nigeria and because they have higher per capita than Nigeria.

However missing from her explanation was whether those countries behave like Nigeria’s irresponsible rulers, spending three-quarters of their budget on recurrent expenditure, cutlery, bullet proof cars and so on.

4. In another breath, Mrs. Okonjo compared Nigeria’s oil price last year, with a mixed bag of European, Latin America and African nations, all oil producers. These statistics showed that Nigeria’s price at N65 was not the cheapest in the world. Although petrol sold cheaper here then than Angola and Sudan, in Venezuela, it is almost free at 3 cents. Brunei, Yemen, Oman, Algeria, Kuwait, Bahrain, Qatar, Saudi Arabia, Iran all offer their petrol very cheap to their people. In Iran, it is 10 cents, compared with Nigeria’s January 2012 price of almost $1. The Saudis sell their oil at 17 cents, Kuwait at 22 cents.

5. With subsidy removed, we can already feel the effects the increase has had on the Nigerian people: it has further pauperized them and has made things more difficult for the 90 per cent living on less than $2 a day, according to Sanusi Lamido Sanusi, the Central bank governor.

6. In further analysis, Okonjo presented another graph that shows Nigeria’s position, among other oil producers and African nations after the subsidy removal. The graph puts the cost of fuel at 69 cents, using another oil price as basis—$90 per barrel. Of course all Nigerians know that the fuel they are selling at gas stations is between N141 and N150, which is very close to $1. Curiously, on the same graph sits USA. There, a litre of oil is 80 cents, cheaper than what the Russians (84 cents), the Indonesians (83 cents), war-torn Iraq (81 cents) pay for a litre of fuel.

7. Nigerians need to ask Okonjo the logic that supports citizens of an oil-producing nation, like Nigeria, paying more money for fuel than the Americans, oil importers, pay. America has a greater per capita than Nigeria; the least income earner in America earns at least $24,000 a year, compared with Nigeria where 90 per cent live on $2 a day.

Will this policy not diminish further our people’s capacity to get out of the vicious bracket of poverty? How now will 90 per cent of Nigerians starving on $2 a day, not be economically asphyxiated when commodity prices have jumped, in some cases by 100 per cent?

In my view, her argument and the entire policy of removing the fuel subsidy are ill thought out and ‘callous’ as some Nigerians have said.

You can watch Okonjo Iweala’s subsidy policy, the movie, below.

Fyno:
This one weak me

Me too.

shortgun:
Where can I get this book?
I believe the book will answer alot of questions and expose some characters in the corridors of power and the public will know them in their true colors.
Jonathan made alot of enemies because he was ready and willing to fix the country.

That book does not answer any questions all it is is okonjo-Iweala trying to wash her hands off all that happened during the Jonathan era even though she was part of it.

It is a shameless attempt and I'm extremely disappointed in her act of transferring blame. She has failed to acknowledge her own actions and inactions.

TonyeBarcanista:
Thank you NOI!

I said it and will continue to maintain that the announcement of subsidy removal was ill-thought, done in bad faith and ill-timed.


How could he had removed the subsidy overnight without a palliative in place and without addressing the subsidy fraud and culprits involved? Silly move


Meanwhile, Chief servant Babangida Aliyu has been sabotaging Jonathan since 1880.

since 1880?Jonathan and Aliyu hasn't bn around then. You trying to score cheap political points but you always make the opposite.
If Jonathan should re-contest again Sowore we have more votes than him.

jaymichael:
That decision was shocking, ill timed as it was silly. It was a decision that the GEJ administration never recovered from.

But why didn't NOI advised him to reverse himself? I remember how she, Allison and Sanusi were all over the place defending the silly move.

QueenOfNepal:
seriously he wasn't a man of his own

. Thank God we have a man of his own now as a president.....lol! Suffering and Smiling

fabre4:


Read with sense she didn't say it was wrong she said it was ill timed

In case you didn't know, in all the interviews she granted as at that time the protest was on going, there was never a time she said the removal was ill-timed. She vehemently condemned the protest and agitation of the masses for pump price reversal.

kgr8mike:
As much as I respect Ngozi, it is until GEJ comes out to say he was deceived by anybody, this story remains Ngozi's opinion.

All I know about Jonathan is that though he seeks the opinion of others as a true democrat, he takes responsibility for his actions. He looks for no one to blame.

GEJ will remain an icon for Nigerian democracy.

The same Jonathan that used almost six years blaming past leaders His wife even blamed Boko Haram on "born throway people" of the North.

My friend, if you have forgotten, not everyone has.

TonyeBarcanista:
Thank you NOI!

I said it and will continue to maintain that the announcement of subsidy removal was ill-thought, done in bad faith and ill-timed.


How could he had removed the subsidy overnight without a palliative in place and without addressing the subsidy fraud and culprits involved? Silly move


Meanwhile, Chief servant Babangida Aliyu has been sabotaging Jonathan since 1880.

. There were palliative in place, subsidy fraud was addressed and the opinion of citizens heard before buhari removed the subsidy abi?

QueenOfNepal:
seriously he wasn't a man of his own

Na u talk like this?

TonyeBarcanista:
dude isn't a good leader

How about the bigoted and arrogant PMB whom you supported during that period? LOL.

You all were massively deceived.

Are you still supporting your now infamous amiable General? Lazy youths. LOL

slimfit1:
The President with PHD that cant use is own initiative. The man that makes PHD look stupid taking advise from Babangida can you imagine.

No democratic president in the world makes decision based on his own knowledge. they all seek expertise in every issue. That is why cabinet is constituted to help expedite pressing issues and at the same time, reduce the possibility of failure

BluntBoy:


The same Jonathan that used almost six years blaming past leaders His wife even blamed Boko Haram on "born throway people" of the North.

My friend, if you have forgotten, not everyone has.

u dey mind dat one?

Honestly, am shocked with the so called level of education of this woman, considering the degrees of atrocities that happened under her, yet pushing the blames on so many people at the same time to save her integrity?, woman!!! own up to your responsibilities, you failed Nigeria woefully, you are the worst Minister of Finance we ever had in this country.

Ministers and Governors pushing u not to save is because you lack the will to give purposeful direction.

seguno2:


Did you miss where Babangida Aliyu was the arrowhead?

I missed it

Please give a quote

seguno2:
He was later one of those saying that he had a written and signed agreement by Jonathan for only one term, which he never produced.

Did Jonathan deny it?

seguno2:
There was a grand scheme to have power back in the north asap.
Jonathan was not as tough and wily as Obasanjo who faced similar pressures, including the Sharia law.

Jonathan was there in 2011 when Obasanjo publicly told the people of the North that power would go back to the North in 2015
Why did Jonathan not say no?

It is easy to paint the North as the bogey man when in reality Southerners too play games

We hold Jonathan to one term vow
https://www.vanguardngr.com/2011/03/obasanjo-we-hold-jonathan-to-one-term-vow/

I sincerely thank Madam Ngozi for finally agree with us that GEJ was incompetent as president. How do explain a president had a meeting with economy team on issue but never get back to them when decision is been taken.

favourbaby:



In case you didn't know, in all the interviews she granted as at that time the protest was on going, there was never a time she said the removal was ill-timed. She vehemently condemned the protest and agitation of the masses for pump price reversal.

You know she will never critise the government openly after all she spearheaded the call for removal of subsidy. Besides the funny thing is that the timing wasn't even the argument of those leading the protest even after sanusi explained the economic situation explicitly to stakeholders.

The truth is that Babangida and co acted a script which the knew would cause negative ripple effect especially from Christians. Now I liked Jonathan so much there was this sense of security even in the midst of the dreadful Boko haram but he had trouble sifting the good advice from the bad. His weakness was trying to please northerners at all cost cos of his reelection bid.