emmnprince:


Your brain is working! It is not just working, but working "clockwisely" well.

That's their tactics!

When people in positions of power have no vision but selfishly selfish and self-serving, that's the outcome!

Ok now i get the gist

[left][/left][quote author=tauceti23 post=101915178]In 2012, Nigerians were told that subsidy has to go. Nigerians protested, rioted, and the subsidy was brought back under a different name.

Now, we are at the point where we have no choice because

1.We are losing billions to smuggling of cheap fuel

2.We have virtually limited investment in new refienreis because no one is going to come and build refinereis with price controls so low

3.We are running out of spare cash to keep fuel prices low. Oil is not as high as it used to be

4.We don't have a high tax to gdp ratio to pay for subsidies


So, inasmuch as I don't like APC, and think they have failed...it is time we said goodbye to subsidy.

Or we keep on taking loans and more loans to make up for the money lost for paying subsides.

And look, we can remove Buhari tomorrow.,....we can bring back GEJ, we can split the country, we can do whatever...but it still does not change the fact that we cannot keep on subsidisng fuel, or lying to ourselves by partially removing subsidy and bringing it back when prices rise.

All our neighbours, including the oil producers pay higher

Time we faced reality.


P.S If you abuse me, I report you to the mods. And any questions will be met with the response: Go and read about subsidy and why it is bad...and also 'How should we fund a subsidy'. I have supported subsidy removal since 2012. And I think it is high time we woke up to the fact.

Again any abuse will be reported to the mods.

PS.2 By abuse, I do not mean that you cannot disagree with me...but please do so politely. But any name calling, or personal insults without addresing the facts would be reported. Thank you

[And how does removing it change the life of a common Nigeria whether they remove it or not it doesn't gauraantee the funds will not be stolen as usual and used to purchase properties and travel around the world while the common man will resort to starvation and eventually die ...the fact u are in a more comfortable position or maybe u can feed comfortable do not mean that u should not reason about the majority of the Nigerian masses that find one meal a day difficult to come buy...why can't the government cut the cost of running their government, judiciary, executive, legislative salaries should be cut some useless ministry scrapped and true federalism introduced so that every state will fight for their own survival rather than waiting every month for billions to come from Abuja for them to embezzle ....no government policy is and will ever be favourable to the masses because this is a government from hell]

hybrid77:
I'm so happy that Nigerians (not APC or PDP SUPPORTERS ) will pay almost 400 naira per litre..

So the wailers and zombies, who spend all their time fighting for their Candidates here on nairaland, will end up paying as much as N4000 for 10 litres of petrol..

You see eh, when tribalism and stupidity engulfs your soul, you will never understand that karma exist

Now, the Fulanis, hausa, yorubas, and igbos will suffer unnecessarily because some zombies and wailers supported incompetence of unimaginable proportions.

Lets keep fighting ourselves while your president, governor enjoy themselves with your loot

Heads, the masses lose, tails, the politicos (governors, ministers, lga chairmen) and their proxies win

kingjooo:
u're very correct.We've got to make that sacrifice for a better 2morow 4 our children

Aswear! This is the time brother. It's now or never. How more heartless and satanic can our leaders be? In the midst of this already unbearable hardship you want to make fuel almost #400/litre knowing that every aspect of Nigeria economy hangs on fuel. This means prices of almost everything will be three times what we're already crying of right now. Let's just face these demons once and for all. This is the moment.

Obainomilano:
[left][/left]

Pushing pump price to N400 is not subsidy removal, that's the trick they've been using on the not-too-smart people like you. If the price-per-barrel moves from their current benchmark of $60 to $70, the same governors are coming back to hike pump price to N500.

The majority of losses are paper losses within the subsidy program itself, not actual litres delivered to the street. And guess who handles it, the prsident himself as defacto minister of petroleum. The question is who are the importers getting paid these subsidies, how much are they importing and how much are they getting paid? No one knows, because the people involved are the president himself and his men.

They say if you are peeling groundnuts for a blind man you have to keep whistling so he knows you're not eating it. Nigerians are blind and stupid, and they are having their nuts peeled and eaten by president and his men

freshvine:
Borrow fix the refineries, NO. Fulani man finds more economic importance borrowing to connect Niger Republic with railway.

Open up the seaports in the eastern flanks to cushion the pressure on lagos and cotonou, No. Bubu want to lock down borders in the south and open up the north with stroll in and get a Visa.

Allow competitive free market economy, No. It must be Dangote, Bua or Rano.

By the time this fulani man who allowed the economy a free fall within 6 months of being elected is done with Nigeria, ZoneBees will chant bring back our corruption.

Aswear my love

effort1:


Yeah mannabbgrills the Pretender will pay, Helinues will pay, sirjamo will pay, arewa1stson will pay, pissfulprotester will pay, simplyleo will pay, Vaughanlanrewaj will pay. Madridguy will pay, ngenukwenu will pay. The thing is really sweet

So, what's now the benefit of being a Buahri ass licker if you will still undergo all the sufferings that Buhari causes just like every one else?

Even their 30k stipend would have finished before the month reaches half.

Shame shame shame!!!

Except not in lagos. 30k cant even reach half of the month before sef,not to talk of when it will be increased.

Resurrection212:
Hope this country will not sink like this.

It's sinking already, we just hope it wouldn't sink to the bottom

nurudeen181:

please who assured you that yours will be better?

Get out of here.. Oversabi

Let me see any yeye bambiala beggi beggi northerner that will come and beg me for money..

Of course, the day Nigerian politicians discovered the treasure vault opened up in killing local refining of crude oil and depending on exportation of same, was the day they killed the economy. Of course, the refinaries are almost dead, forex index is abysmal, IGR from other non oil sectors are shrouded in secrecy and falsification, and major oil thieves or cabals are out of reach of the government.

Grace001:


Of course you’re right there won’t be protest...And do you know why there won’t be protest ? That’s because people especially the youths are getting wiser, a protest in present Nigeria is like a death wish.

Even if the protest is suppose to be peaceful, this useless good for nothing Nigerian government will hire thugs to disrupt it. So that government can tag it violent protest. Then directives will come from above to the security operatives to kills some of the protesters, use them as scape goat to scare others.

Those that will die, die for nothing. Who is ready to die for a failed useless godforsaken country like Nigeria? Nigeria don’t worth dying for because those that run the affairs of this country will do everything to main the status quo. Either by force or by killing.

. So sad. Very deep, but all these bad leaders will surely pay for it directly or indirectly.

Make I go buy 2 drum keep for house first

WalkerMichael:
u mean Nigerians would start to buy petrol for 385naira per litre soon?

No,
He mean fuel will be free very soon

But what offense did we commit that made Buhari punish us like this?

I keep wondering what would have happened if Jonathan had eventually come out victorious in 2015?


My joy is that there is a law call karma which never respects anybody be it great or small. It strikes at the right time.

We r finished

/
Can they start immediately please.

Nigerians love to learn the hard way. I love it.

They will first make it scarce. Lines at the filling stations will be long to the point that Nigerians will gladly pay N400/L if they see petrol. Then it becomes the price The resultant inflation in commodities will be out of this world. A bag of rice at N45,000? Use your imagination.

I doubt if BMC will get upward review of their stipends
/

dynicks:
lol...I don't understand....

LORD PLEASE ...as in make baba God do wetin?
Stop what's about to befall the nation or he should kill those making things hard for its citizens?....was God the one who voted your leaders into power?

Hmmm point here

War is brewing in this country because larger percentage won't survive this

Grace001:
Shey them use sufferness curse Nigerians ? When will the masses ever enjoy good governance.

Truly, Nigeria system is design to continually put 80% masses in abject poverty, anything to inflict hardship on the masses is Nigerian government agenda.

Anyways Nigerians are used to suffering and smiling, they are not really complaining.

As a matter of fact, Nigerians are still in love with their oppressors they will still vote another person that will inflict sufferness and hardship on them.

The masses will begin to enjoy when they come to their senses as per religion and region tribe and pissful north.

Obainomilano:
[[And how does removing it change the life of a common Nigeria whether they remove it or not it doesn't gauraantee the funds will not be stolen as usual and used to purchase properties and travel around the world while the common man will resort to starvation and eventually die ...the fact u are in a more comfortable position or maybe u can feed comfortable do not mean that u should not reason about the majority of the Nigerian masses that find one meal a day difficult to come buy...why can't the government cut the cost of running their government, judiciary, executive, legislative salaries should be cut some useless ministry scrapped and true federalism introduced so that every state will fight for their own survival rather than waiting every month for billions to come from Abuja for them to embezzle ....no government policy is and will ever be favourable to the masses because this is a government from hell]]

That's what they said in 2012, and that's how we ended up wating N10 trillion since then on subsidy.

At some point, it has to stop

God knows I wish it was otherwise. God knows.

Hmmmm

https://www.youtube.com/watch?v=VaYPo42CzwQ

effort1:


Yeah mannabbgrills the Pretender will pay, Helinues will pay, sirjamo will pay, arewa1stson will pay, pissfulprotester will pay, simplyleo will pay, Vaughanlanrewaj will pay. Madridguy will pay, ngenukwenu will pay. The thing is really sweet

So, what's now the benefit of being a Buahri ass licker if you will still undergo all the sufferings that Buhari causes just like every one else?

Even their 30k stipend would have finished before the month reaches half.

Shame shame shame!!!

so so so will pay so funny

heniford2:
we cut down un necessary stuff, the portfolio of our political office is too much, NNPC is corrupt too why is the remain refernaries not work only one, why is the railway not generating funds yet why is our border closed and only one see port is working in a whole country, the loots where are there government can get funds to subsides or privatize the oil sector then regulate it like others do

1.NNPC is 'fixing' the refinereis

2.Yes we should cut down on excess cost of governance, but is it only on subsidisng fuel we go spend am? Plus, subsidy costs rise with the rising cost of pordcution of fuel

3.Borders are already reopened.

4.If you want the railways to generate funds, privatise it. (Which most Nigerians don't like)

BigDawsNet:
Like for North Korean passport

Share for Nigerian passport

I like your comment.

Okoroawusa:

Let's see if we can get it right this time. I didn't support GEJ removal of subsidy because the subsidy of PDP was fraudulent with marketers collecting money for fuel they didn't import.

Yes, it was because of the fradulent subsidy things...collecting money for fuel they did not import among others...that GEJ wanted to remove subsidy in the first place.

Instead, protests forced him to keep it...to the detriment of our reserves and savings.

If they have balls, let the governors just do it. The masses would be waiting for them. When a government chooses to be unjust to her citizens, the government should also expect chaos and anarchy from the citizens in return. Foolish and lost leaders!

dre11:
• Tougher days ahead as governors pull subsidy plug

• Poverty, inflation to worsen in coming months



https://m.guardian.ng/news/nigerians-to-pay-n234-billion-taxes-monthly-with-petrol-at-n385-per-litre/

Dduce12:
Please what's my offence for being a Nigerian

Ask your Konji and unexposed Parents and blame them for bringing you Into Hellhole......

Sai Baba! Our darling baba is the best leader in the world..

Dduce12:
Please what's muy offence for being a Nigerian

if u askeee meeee na who I go ask?

V6,v8 and v12 engine owners go hear am hot. Time to jump to 4 plugs fuel saver. Toyota matrix things

Mannabqgrills and ngeneukwu is time for your paymaster to increase your wages. Can 30k buy 100 liters of fuel now?