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Fuel Subsidy Removal, What Has Changed Since 2012? - Politics - Nairaland

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Fuel Subsidy Removal, What Has Changed Since 2012? by Davo93(m): 1:05am On May 16, 2016
A popular Yoruba adage reads: “Nkan ti Taye se, ti o mu je, ti Kehinde ba dan wo, o le te si” meaning ‘What Taiwo (a twin) does and he goes scot-free, Kehinde (the other twin) may do the same and be in serious trouble.

What I am saying in essence is that, what Mr Goodluck Jonathan did in 2012 and he got lashed for it by Nigerians, Mr Muhammadu Buhari has done the same in 2016 and same persons that meted the previous judgement on the former are cool with it and are even praising the latter. Why? Is this not double standard in display by Nigerians?

Protests greeted the Nigerian streets immediately the former President on January 1, 2012 during his New Year broadcast to the nation announced the removal of fuel subsidy jacking up oil price from the official N65 to N141 per litre. I can remember vividly how the Freedom Park in Ojota, Lagos State hosted the biggest and wildest protest Nigeria has ever witnessed in a decade, this in a bid to force the former President to swallow his decision. In fact, the rest of the world knew Nigerians are beginning to realize what is good for them. However, the announcement of subsidy removal this time around was stylishly made, even if one is not too careful, one would think the President is not on the same page with the decision because Mr Buhari was in UK as at that time and the Presidency was mute for more than 24 hours after the announcement.

The question now is that what has really changed since 2012 that Nigerians can refer to as succour in order to agree with this subsidy removal? I mean what social programme has been put in place especially within the last one year by the government of the day that one can say will cushion the effects this increment in fuel pump price will have on the masses especially at this economically disadvantaged period?

Even the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) been the pressure group of Nigerian workers and perhaps the most powerful representation of the Nigerian masses up there are currently divided on the issue of the fuel subsidy. Wednesday, May 18, 2016 has been set as the deadline given to the Federal Government to reverse the decision. A number of media outlets reported on Sunday, May 15 that the Private Sector Employee Association has vowed not to join the industrial action. Same thing was reported of Pilots and Aircraft Engineers. This was not the case in 2012. Even PENGASSON and NUPENG have come out to agree with the FG on the decision as against their opinion in 2012. Then, you will ask what has really changed?

The popular Nigerian activist who was at the centre of protest in 2012, Mr Femi Falana did not even condemn the fuel subsidy removal but his own point this time is questioning how the State Minister for Petroleum came about the N145/litre margin, from what I could grasp, if the PMS pump price was set at the N135/litre, the exact high point after subsidy removal, he could have praised the decision. The reaction of the prominent APC Chieftain, Mr Bola Tinubu may not be too surprising though, he had repeatedly sued for the removal of fuel subsidy since the inception of the Buhari-led administration. Tinubu was reported to have influentially mobilized the whole of Lagos State masses to revolt against the previous administration in 2012 as a result of the subsidy removal, what has now changed?

The minimum wage value actually may have changed since 2012. The dollar to naira exchange rate which used to be about N180 to 1 dollar now goes for about N360 to 1 dollar in the parallel market. The implication of this is obviously not complicated. The prices of imported goods on which Nigerians largely live on will now be doubled. Let us do the calculation together, a Nigerian who lives on the unreviewed minimum wage of N18,000 valued at $100 before which now values at $50 has a deficit of $50 now. Prices of goods are inversely proportional to the value of money. I think this is a change!

Mr Ibe Kachikwu, the time giving minister has not failed this time as he has once again said in about 8 – 9 months, the price of PMS will go down, by then, he said our refineries will be fully operational. Only a few persons who have not been following the Minister’s time giving may entirely shove that down their throat but many Nigerians see this as a message of hope which is though workable but may not be the case.

I would only advise the Nigerian labour forces to hold on to their demands. They should say no to increase in pump price except an upward review of the minimum wage is accepted and implemented by governments at all levels. Poor Nigerian workers who live on a minimum wage of $1.67/day should not be made to pay the sacrifice of Change alone as we have been made to believe. The Executives and the Legislators should also cut their expenses, jack down their salaries and reduce the cost of governance for the sake of the Change we all profess and seem to believe in. I want to believe a Minister traveling to China requesting for a loan of over N13m to execute the traveling expenses lacks the locus standing and moral justification to tell a Nigerian worker to continue to pay N145 for a litre of PMS while the N18,000 minimum wage scheme is still in vogue.

http://www.oaupeeps.com/2016/05/fuel-subsidy-removal-what-has-changed.html

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by Davo93(m): 1:10am On May 16, 2016
cc: Seun Obinoscopy fynestboi lalastica
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by debedebe(m): 1:10am On May 16, 2016
ok
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by DrLee(m): 1:17am On May 16, 2016
then crude oil was higher and the price was to be N140. now crude oil price has gone down drastically, the price is set at N145 sad

1 Like

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by ORACLE1975(m): 2:57am On May 16, 2016
What ever?
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by myopinion2011: 3:48am On May 16, 2016
What has changed


1. GEJ is no longer d president.

2. Those who sponsored the protest in 2012 are now in power.

3. Nigerians thought GEJ was lying about cabals, until recently cabals held the nation to hostage through artificial scarcity for almost a year.

4. What a woman can do successfully with ease(Diezani), two men cannot do with force (Buhari and Kachiku)

5. And you, you are 4 years older now.

2 Likes

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by henrygale(m): 5:01am On May 16, 2016
myopinion2011:
What has changed


1. GEJ is no longer d president.

2. Those who sponsored the protest in 2012 are now in power.

3. Nigerians thought GEJ was lying about cabals, until recently cabals held the nation to hostage through artificial scarcity for almost a year.

4. What a woman can do successfully with ease(Diezani), two men cannot do with force (Buhari and Kachiku)

5. And you, you are 4 years older now.
Hmm.. gud opinion.
Where do we go from here?
Those opposing GEJ on ds same issue are now in power. They've been sending several broadcast messages to discredit NLC trying to discourage people from joining the protest NLC is planning.
NLC sef has gone so cold and quiet lately over happenings in this country since this govt came into power. Anyways,what is expected to happen when u wine and dine with the devil?! U find out u can't talk much when he lashes u and ur people coz uv already eaten his meal and drank his water!
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by Nobody: 5:01am On May 16, 2016
[s]
myopinion2011:
What has changed


1. GEJ is no longer d president.

2. Those who sponsored the protest in 2012 are now in power.

3. Nigerians thought GEJ was lying about cabals, until recently cabals held the nation to hostage through artificial scarcity for almost a year.

4. What a woman can do successfully with ease(Diezani), two men cannot do with force (Buhari and Kachiku)

5. And you, you are 4 years older now.
[/s]


Rubbish

1 Like

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by Nobody: 5:14am On May 16, 2016
The PROMISE of CHANGE

has changed into

A CHANGE of PROMISES.
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by hucienda: 5:21am On May 16, 2016
myopinion2011:
What has changed


1. GEJ is no longer d president.

2. Those who sponsored the protest in 2012 are now in power.

3. Nigerians thought GEJ was lying about cabals, until recently cabals held the nation to hostage through artificial scarcity for almost a year.

4. What a woman can do successfully with ease(Diezani), two men cannot do with force (Buhari and Kachiku)

5. And you, you are 4 years older now.

EoD.

There's nothing more to add.

1 Like

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by Eboski(m): 5:25am On May 16, 2016
for the now no thing as change.....
On Wednesday will show if NLC are serious about the strike and protests.......



The same people's who are against it 2012 are still the same set of cabals praising PMB today.
Just because of hate for GEJ...


what is bad is bad.....
I can remember are the North and west took over the streets and Ojota freedom Square protesting against the removal of subsidy 2012,
God will judge peoples.
Re: Fuel Subsidy Removal, What Has Changed Since 2012? by koboko69: 8:00am On May 16, 2016
myopinion2011:
What has changed


1. GEJ is no longer d president.

2. Those who sponsored the protest in 2012 are now in power.

3. Nigerians thought GEJ was lying about cabals, until recently cabals held the nation to hostage through artificial scarcity for almost a year.

4. What a woman can do successfully with ease(Diezani), two men cannot do with force (Buhari and Kachiku)

5. And you, you are 4 years older now.

A lot have changed.
Nigerians are now more politically informed.
Nigerians now have a president they can trust only hated by the ipads.
Oil sells just about 40usd per barrel and was even sold @ 28usd per barrel before. Hence Fx earnings have reduced drastically.
Should the ineffectual Buffon have saved, and not squandered our Fx, via Dansuki gate, Ekiti gate and others, Nigeria will have enough to defend the Naira like Yaradua did.
The reason for the high price is not actually the subsidy removal, but because of the $ rate in the parallel market as they can't get Fx to import at the official rate, simply cos there is no enough Fx

Lastly be informed!

1 Like

Re: Fuel Subsidy Removal, What Has Changed Since 2012? by ikechi1(f): 10:14am On May 16, 2016
koboko69:

A lot have changed.
Nigerians are now more politically informed.
Nigerians now have a president they can trust only hated by the ipads.
Oil sells just about 40usd per barrel and was even sold @ 28usd per barrel before. Hence Fx earnings have reduced drastically.
Should the ineffectual Buffon have saved, and not squandered our Fx, via Dansuki gate, Ekiti gate and others, Nigeria will have enough to defend the Naira like Yaradua did.
The reason for the high price is not actually the subsidy removal, but because of the $ rate in the parallel market as they can't get Fx to import at the official rate, simply cos there is no enough Fx
Lastly be informed!

Well done Sir. To often times people spread misinformation on this forum but here we have someone who has honestly captured the key issues!!!!

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