double0seven:


This government idea of subsidy removal is fraudulent. It simply amounts to putting the burden of of a corrupt system of fraudulent subsidy on the Nigerian people.

The idea of subsidy has always being rediculouse. Subsidy on petrol each year shouldn't be more 300M, highest 500M.

Now this is the reason why it's rediculous and rubbish. Because crude oil was selling at high price, the price to import petrol is higher. But this same high price is what allows Nigeria to make gargantuan stupendous obscene revenue in crude oil sales which dwarfs over a thousand times the expenses we incur from importation of petrol. But what ordinarily should be an advantage, a huge plus, with their voodoo economics, they've turned into disadvantage and huge burden on the shoulders of Nigeria.

Okay now, see what has happened now the oil price has come down: the amount of subsidy needed has come down, but see what has happened to our revenue. They are so depleted that the value of Naira has come down, that Nigeria is having problems keeping up with recurrent expenditure. Some states are already having problems paying their salaries.

So why now should subsidy be a problem? You wonder. High crude oil prices is a big plus for Nigeria. The small inconvenience of subsidy that comes with is miniscule compared to the huge revenue that comes with it. But the evil PDP has turned logic upside down so as to systematically dupe Nigerians billions of dollars for sixteen years.

Mynd44:
How long has this woman being coordinating minister for economy (more or less the prime minister?) why didn't she do it? Is she admitting that the government she is part is weak?

Mekybliss:
Maybe he will perform magic

tomakint:

Look me in the face and tell me she did nothing.

efilefun:
why couldn't she advise GEJ Mofo

Gr8amechi:
This madam is very funny, for six years what did she and her boss do, the persons that were indicted in subsidy fraud how many did they prosecute ?? now the floor is open , let the TANIOD come and defend her

temitemi1:
Babaonechance won't be having it smooth at all. I am waiting to see how he will deal with the issue of oil cartel in the country... GEJ my HERO! FAYOSE my ROLE MODEL!!

Gr8amechi:
buhari must jail this woman even if he disn't jail anyone else, its a shame we are from the same state

tkcosby02:

You sounds like a pathetic failure, is the diff btw 4 n six years a justification?? You just need to move from paranoid. All she has said is a show of how bad the relationship btw diff organs of govt under their watch. Meanwhile, she need not tell anyone what to do, if Buhari on his own part failed after 4 yrs, he ill b voted out as well. The era of following politicians an political parties like religion is over. So you people should admit it for once that you have failed Nigerians. The good stories about Nigeria always starts with BEFORE., while some of you are here dancing and jubilating behind failures.

Sunnybobo3:


Where in the article did she ask Buhari to do something about them and when in the last 4 years and 9 months (not 6 years as ignorant people say) that she's been part of this govt has the fuel situation even this bad?

bjdon:
To be honest there are many Cartels in this country. Petrol, Kerosine, Cement, Generators to name but a few. If GMB can tackle them head on, that will go a very long way to moving the country forward.

tomakint:
Look me in the face and tell me she did nothing.

Burger01:
This woman is not serious rara.

Btw, that's what we've been shouting. Remove subsidy and let's manage the situation till our refineries are put in place by Nigeria engineers. We have the skills and resources. Fuel subsidy must go and that's the only 'something' Buhari can do about the oil cartel.

Naija must be great o

Gr8amechi:
tell me what she did

MabraO:


It is obvious u got no brain
How did u become like this?

tosag:
But we can't see your face na!

Gr8amechi:
buhari must jail this woman even if he disn't jail anyone else, its a shame we are from the same state

anonimi:


You can LIE oh chai

How much is Nigeria's annual budget haba!

anonimi:


You can LIE oh chai

How much is Nigeria's annual budget haba!

Gr8amechi:
This madam is very funny, for six years what did she and her boss do, the persons that were indicted in subsidy fraud how many did they prosecute ?? now the floor is open , let the TANIOD come and defend her

Skain:
I can't remember madam advising her boss the same way.

sammhi:



Dangote is building a refinery ...will be ready by 2017..only a foolish govt will build refineries after messing up the earlier ones....the best thing is tp sell off these refineries....OBJ did on 2007 only for yardua to revise it.
if you buy car for your son nd he scattered it will you go nd buy another... one or tel him to buy with his money.......building refineries by govt is a waste....sell off these damn things...

menesheh:



Just recall your brain that she was the Chief archite for total fuel subsidy removal which was countered by the oil cartel sponsored protests, then she back down


Therefore she tried to quench it buh faith had its way...