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Nairaland Forum / Nairaland / General / Politics / Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery (31005 Views)
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Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by aminulive: 5:23pm On Apr 24, 2023 |
By Sylvester Audu In the midst of dwindling revenues and skyrocketing subsidy costs, Nigeria has taken a bold step by removing fuel subsidies, igniting controversy and unrest among its population. Despite the opposition's claims that subsidy removal will disproportionately affect the poor, the government's redirection of funds towards crucial sectors such as health and education paints a promising picture for Nigeria's future. The recent World Bank loan of almost a billion dollars for palliative measures may provide temporary relief, but it is not seen a sustainable solution. https://politicsnigeria.com/fueling-uncertainty-investigating-nigerias-subsidy-removal-and-the-dangote-refinery-debacle/ 25 Likes 5 Shares
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Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Realguyman1(m): 5:27pm On Apr 24, 2023 |
The kind suffer wey many common Nigerians go suffer after the Nigeria useless government done finally remove this scam called fuel subsidy ehn, nor be here o. Imagine the Nigeria government funding and even obtaining loans on behalf of Dangote refinery. Same refinery that was built by pass governments that this present useless Nigeria governments(especially that of Buhari) can't even maintain, is what they are now funding and obtaining loans on behalf of Dangote refinery for. Nigeria matter loud Government officials embezzling the money made for public projects has been the reason Nigeria is where it is today and not because of subsidy. I was hoping that Buhari was going to fix those issues when he became president. But no, the old man rather ended up becaming the worst president Nigeria ever had since existence. The Nigeria useless government are just suffering the poor masses for nothing, and what surprises me most is that most Nigerians are even comfortable with the suffering. The pass and present Nigeria head of government knows where the problem of Nigeria is, but they rather prefer suffering the poor masses than fixing it. Nor be fuel subsidy dey hold Nigeria from developing or making Nigerians not to enjoy those good things the citizens of those advance countries are enjoying, but the embezzlement of public fund by the governments of all sectors in the country. And if those embezzlement don't stop, removing of subsidy or not will not change anything but rather add more suffering upon common Nigerians. 119 Likes 14 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by tunwumi: 5:27pm On Apr 24, 2023 |
Be informed that the refinery is coming on stream third quarter 10 Likes 2 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by helinues: 5:30pm On Apr 24, 2023 |
Toh |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by abobote: 5:37pm On Apr 24, 2023 |
Nigeria now depends on Dangote for everything 41 Likes 3 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by AntiChristian: 5:37pm On Apr 24, 2023 |
May God Bless me in Nigeria! Same God that blessed Alhaji Aliko Dangote May God Bless Jagaban! May God Guide the President Elect! May God bless the Federal Republic of Nigeria! May the enemies of Nigeria fail and keep failing till their end! Where is Jagaban? Jagaban, Oyoyo! Jagaban, Oyoyo! Jagaban, Oyoyo! 16 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Nobody: 5:38pm On Apr 24, 2023 |
Quite revealing...the problem is very far from over... Majority of nigerians are poor....take it or leave it...many still buy rice in peak milk cup which is about 150 in some places and 200 in some places... removing subsidy will increase the price to between 480 and 550... Now disposable income has reduced to more than 140%...while the salaries still remain thesame...that is if the bread winner is not retrenched from work due to higher cost of production all the firms in nigeria will face... Transportation will go as high as 140%... Disposable income will be nothing to write home about... I washed a clip of Tinubu saying "whether you protest or not, I will remove subsidy" ... Removing subsidy is not a bad idea, but rather that focusing on removing subsidy, why not focus on making an enabling economy for the removal of subsidy... hunger knows no political party, tribe or religion...the last advice I will give to any leader is " do not make life unbearable for the people" ...the naira redesign was an example...with no proper planning, the naira was change, and we all saw the result... 76 Likes 7 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by DMerciful(m): 5:38pm On Apr 24, 2023 |
Subsidy will not be removed in the next 2yrs. With a possible sack of Tinubu by the tribunal, he dare not contemplate subsidy removal 23 Likes 3 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by proeast(m): 5:38pm On Apr 24, 2023 |
Hmnn. So, Nigerian government has been funding and even obtaining loans on behalf of Dangote's refinery? Even now, there is no assurance that it will be completed soon enough. Yet those promoting subsidy removal keep making reference to the refinery. Is it greediness or what? Why wouldn't Dangote build a smaller refinery and have it completed on time? He just want it to be referred as the single largest train refinery in the world. SMH. 55 Likes 4 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by lost24: 5:38pm On Apr 24, 2023 |
More profit for Dangote 3 Likes |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by RedPiller(m): 5:39pm On Apr 24, 2023 |
This FP space is for sale Contact me for details....... It's expensive tho |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by JoeyNaza: 5:39pm On Apr 24, 2023 |
Bb |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by YourNextLevel(m): 5:39pm On Apr 24, 2023 |
Monopoly man and people are hailing him but they know nothing Nigeria sorry Ask yourself why US senate forced Microsoft to split his company. Nigeria sorry 21 Likes 2 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by bigdammyj: 5:40pm On Apr 24, 2023 |
Reading... |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by merits(m): 5:40pm On Apr 24, 2023 |
aminulive: Whether removal or no removal,they should just make fuel be available in abundant. 3 Likes |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by AchrafHakimi: 5:40pm On Apr 24, 2023 |
You mean Buhari Refinery? 10 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Dialpad: 5:41pm On Apr 24, 2023 |
Lol |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by olyrayy(m): 5:41pm On Apr 24, 2023 |
tunwumi: Abi O. That's what I heard. Why are these people trying to confuse us? 4 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by manutdrichie(m): 5:41pm On Apr 24, 2023 |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Skillsnigeria: 5:43pm On Apr 24, 2023 |
Hmmm |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Whois(m): 5:43pm On Apr 24, 2023 |
Dangote refinery will not operate till 2025 but Nigeria government insist on removing subsidy. Nigerians will know how far by june sha. E go shock even apc supporters 16 Likes 1 Share
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Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Jerryherd: 5:44pm On Apr 24, 2023 |
Wahala wahala wahala 85 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by dexmond: 5:44pm On Apr 24, 2023 |
The south is very naive for relying on Dangoye to supply them fuel. Since it's a private business, he can close not sell to the SE or Middle Belt. 5 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by sinisters(m): 5:44pm On Apr 24, 2023 |
Madness The CBN governor has done some extensive damage to the Nigerian economy by pushing this dangote refinery project Even if it becomes functional, I doubt it can alleviate the suffering of Nigerians. Dangote has not been able to make affordable cement available to Nigerians which has increased cost of housing in every city....why should we trust him with making petroleum available?? 39 Likes 2 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by thatigbogirl4NL: 5:44pm On Apr 24, 2023 |
Nairalander help me call this fraudster. He scammed me on jiji since 3rd March 2023 2 offices shirt, 1 chinos trouser And one shoe, size 42. Imagine trying to survive in this hard Nigeria. And some1 is out to frustrate me He absconded. After showing me a fake debit alert 😞 He blocked me all round. My 22k dey een hand. Please make una help me tell am say that wares na my sweat. E no easy at all That N22,000 na a big chunk of my capital, E don affect my business. He wore my stuffs for Ramadan celebration Adinoyi Sadiq is his name His No. 0704 475 8064 Location: Zuba Abuja Make una help me greet am I pray 🙏 as una dey remind am, God go touch een conscience. I be family woman 👠 I need that money badly 😭😔 88 Likes 3 Shares |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by erniok(m): 5:45pm On Apr 24, 2023 |
tunwumi:Third quarter of which year. 6 Likes 1 Share |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Gangster1ms: 5:46pm On Apr 24, 2023 |
1k per litre 4 Likes |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by LagbajaTheBEREAN: 5:46pm On Apr 24, 2023 |
Matters arising! 2 Likes |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Honoredeblazac: 5:46pm On Apr 24, 2023 |
lol |
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by dominic17: 5:47pm On Apr 24, 2023 |
God save Nigeria 2 Likes 2 Shares |
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