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Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy - Politics (3) - Nairaland

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Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Sonn(m): 7:54am On Jan 19, 2022
This government is going to deny a lot of things that happened under her nose especially during campaign, sale a lot of lies to us,
And some of us would still buy,
Especially the evil supporter of this evil government.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by selfmade22: 7:55am On Jan 19, 2022
GardenOfGod:
This one does not know his left from his right, just a blind follower. Someone who is so blind to decipher how and where to draw a line when his personal and foundational principles are compromised by his leader. Always seeing good in evil.
na you wan notice am...

here na faceless site,
if e sure for am make em show em face for twitter
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by GardenOfGod(m): 8:08am On Jan 19, 2022
backbencher:


Where do you think I am addressing my complaint to?

Certainly the goverment!
Good! But unfortunately the man there is not aware of happenings around him.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by nitt: 8:09am On Jan 19, 2022
backbencher:


Yes, it's all very possible, what you have said.

But at the end of the day, we are paying for subsidy from oil revenue, which is set to fall, as oil prices fall due to the fact that everyone and his cousin's son in law is discovering crude oil. (I even read somewhere that oil prices will fall to $66 dollars)

Which leaves us with one problem...where are we going to find money to fund the subsidy?

1. Crude oil revenue...which is falling, and is going to fall (and part of which we are already using to service more and more debt)

2.Taxes, which most Nigerians don't pay (our tax to gdp ratio is 6.4%, one of the lowest even in West Africa)..and which most NIgerians don't like paying.

3.LOANS. More and more loans.

And the above, (except for taxes) don't look good.

We can keep subsidy, but at the end, we won't have the money to keep paying for it. Already, in december, we had zero revenue from oil to pay for subsidy. Where do you think we got the money to pay subsidy that year? (Loans, obviously).


If you want subsidy to keep on going, then stop complaining when government takes loans, OR....support government to tax everyone...from the richest, to the poorest, at high rates to find money for the subsidy and the budget. (And agriculture and mining face the same issues as crude oil...fluctuating prices, and in the case of agric..strong production in the developed world that makes us look like dwarfs).


It's either we eat that frog of complete subsidy removal...or our rising debt from paying for the subsidy will eventually force us to do so.

And yes, prices will fall eventually, plus the value of the naira may improve a bit, since there would be more forex savings from not subsidsing fuel (not a final solution to our economic issues...we have to become an exporter of industrial consumer goods before things improve, but that's another discussion).

Cut government waste...

If Nigerians will be swayed to endure subsidy removal let the politicians lead by example.

You can't argue for subsidy removal (more hardship) to the masses whilst you run fleets of gas guzzling SUVs, unnecessary number of presidential planes, unnecessary foreign travel with retinue of political appointees, aides etc

Security votes running into billions, dormant state house clinics funded annually with billions of tax payers money, an overbloated Legislature maintained with billions in running costs and allowances both at the federal, state & Local government levels, governors appointing thousands of aides, an office of the first lady funded by government, duplication of ministries, government agencies & security apparatus all proving ineffective with little justification for their existence, injecting billions into social welfare programs with little or no impact to the people & economy, instead of channeling those funds into more strategic planning like building mordern refineries in conjuction with private sector to refine our oil and ending subsidies in the oil sector gradually etc etc...

I can go on & on.


The fact of the matter is, our Government is lazy and insincere in implementing pragmatic & more acceptable ways to reduce its loan dependence, sure up its resources and taking the needed critical, tough decisions that will enable Nigeria refine its own oil and even do away with subsidies in the not so distant future.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Bigchristo: 8:36am On Jan 19, 2022
BeeBeeOoh:


https://www.thecable.ng/lawan-buhari-did-not-direct-removal-of-petrol-subsidy/amp
Don’t expect them to remove subsidy yet, you will hear from them after general elections boom y’all fall back to reality of this very issues, they know how to capture we Nigerians grin grin grin
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Laggafin: 8:43am On Jan 19, 2022
Denial or no denial.. they will surely be kicked out like Ghana's Ayew in 2023
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Funkymode(m): 9:03am On Jan 19, 2022
GardenOfGod:
This one does not know his left from his right, just a blind follower. Someone who is so blind to decipher how and where to draw a line when his personal and foundational principles are compromised by his leader. Always seeing good in evil.


You're speaking my mind bro, good one and GOD bless, he's really a blind man, I don't even think he can even think or make decisions for himself, a total waste of a being
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by cherryCola: 9:03am On Jan 19, 2022
tempest01:
They won't remove fuel subsidy now. They will "hope" to rig win 2023 elections first. Immediately afterwards, una go see shege.

Lol.....

By that time I will be a big share owner of
a oil company, nah poor Nigerian's I pity cry.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Jostoman: 9:38am On Jan 19, 2022
WHITELIGHTER:


U nu dey get shame?! Is naija less-battered now? Try get sense abeg....u must not comment like this all the time just to save face...
you dey mind this anywhere belle face supporter
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by siant: 10:06am On Jan 19, 2022
WHITELIGHTER:


U nu dey get shame?! Is naija less-battered now? Try get sense abeg....u must not comment like this all the time just to save face...
You don't need to quote that werey. He has already gone hey wire. He needs the service of a psychiatrist.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Nobody: 10:47am On Jan 19, 2022
nitt:


Cut government waste...

If Nigerians will be swayed to endure subsidy removal let the politicians lead by example.

You can't argue for subsidy removal (more hardship) to the masses whilst you run fleets of gas guzzling SUVs, unnecessary number of presidential planes, unnecessary foreign travel with retinue of political appointees, aides etc

Security votes running into billions, dormant state house clinics funded annually with billions of tax payers money, an overbloated Legislature maintained with billions in running costs and allowances both at the federal, state & Local government levels, governors appointing thousands of aides, an office of the first lady funded by government, duplication of ministries, government agencies & security apparatus all proving ineffective with little justification for their existence, injecting billions into social welfare programs with little or no impact to the people & economy, instead of channeling those funds into more strategic planning like building mordern refineries in conjuction with private sector to refine our oil and ending subsidies in the oil sector gradually etc etc...

I can go on & on.


The fact of the matter is, our Government is lazy and insincere in implementing pragmatic & more acceptable ways to reduce its loan dependence, sure up its resources and taking the needed critical, tough decisions that will enable Nigeria refine its own oil and even do away with subsidies in the not so distant future.

The problem is cutting goverment waste wont pay for the subsidy

Not when the subsidy cost keeps rising because of rising production costs and the price of crude oil keeps on falling which affects overall revenue.

Then are we going to spend money saved from cutting goverment waste on subsidy alone? Education ,health, railways etc dey.

We should cut goverment waste, but at the end it won't solve the issue.
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by AstralBody: 1:02pm On Jan 19, 2022
GardenOfGod:
This one does not know his left from his right, just a blind follower. Someone who is so blind to decipher how and where to draw a line when his personal and foundational principles are compromised by his leader. Always seeing good in evil.
The vulture meat seller,are those we call, useful idiots!
Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by GardenOfGod(m): 1:55pm On Jan 19, 2022
Funkymode:



You're speaking my mind bro, good one and GOD bless, he's really a blind man, I don't even think he can even think or make decisions for himself, a total waste of a being
If someone should say that he takes permission first from bubu b4 he bleep his woman, I will never disagree. Its pathetic how a supposely educated fellow is led illitrately by a failure of a leader and he keeps applauding.

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