Racoon:

https://www.farooqkperogi.com/2023/07/subsidy-removal-as-elite-banditry.html

LegendHero:


I’ll rather the government use the subsidy savings to increase minimum wage, lift people out of poverty by providing meaningful grant and low interest loans for small businesses, secure the nation which will inturn drive agricultural food production, invest massively in Agriculture and create an environment where the poor farmer can preserve his farm produce with proper storage facilities across the country.

Nigeria is a crazy country. No matter the strategy you put in to curb subsidy, they will always outgame the system. Almost all president tried to block the loophole but it’s just impossible because corruption only thrive when people can game the system.

Take Dollar arbitrage for example. People lie about importing/schooling and etc, get $$ at official rate and just sell at black market rate. They are making billions by doing nothing. The banks themselves are the culprit, common man will not get $$ easily at official rate and only powerful people do.

That suffering and hunger can be worked on by the government. That’s what Tinubu should find ways to curb with the savings they get from subsidy and other sources.

Racoon:

https://www.farooqkperogi.com/2023/07/subsidy-removal-as-elite-banditry.html

At a point, you ask yourself if there is any merit in fighting for a people who are deeply invested in their self-immolation, who are cheerleaders for their oppressors, who fight you for fighting for them, whose counterattacks you need to fend off as you attack their attackers, and who remind you of Zimbabwean nationalist Benjamin Burombo’s pithy observation that “Each time I want to fight for African rights, I use only one hand — because the other hand is busy trying to keep away Africans who are fighting me.”

LegendHero:
For the past decade, people have been clamoring for subsidy to be removed but no president has the balls to proceed with it.

During the campaign season, the highlight of the campaign is all candidates vowing to remove fuel subsidy if they get elected.

So I don’t know all the blame game about about Subsidy removal and bla bla bla.

Tinubu already spoke about his palliative program to ease the burden on people and they already have committee looking into that and will be rolling it out soon.

Even if petrol sell for 1 trillion, subsidy is gone forever. I would rather activists and people should start pressuring Tinubu government to release the palliative programs as soon as possible like minimum wage increment, improving security/infrastructure, access to low interest loan for MSME as promised, and etc.

The Tinubu that I know will not back out. Subsidy on petrol is gone!!!

Two, because corrosive right-wing populism now enjoys an unchallenged rhetorical high ground, opposing it comes across as deviant, unreasonable, and tone deaf. Most people whose quality of life is being eroded, and in some cases outright exterminated, by the withdrawal of the state from the quotidian life of the citizenry (which subsidy removal represents) have been brainwashed into supporting the policy.

Racoon:
Bottom line; ".....The poor are actually now being “sacrificed” while the political elites use proceeds from the removal of subsidies to fund their luxuries.

But you will never hear opponents of subsidies (who, by the way, benefited from subsidies right from their primary school up to their universities but who now want to break the ladder they used to climb to their current positions) talk about the corrupt, unearned privileges of the rich and the powerful...."

Racoon:

https://www.farooqkperogi.com/2023/07/subsidy-removal-as-elite-banditry.html

Dotherightthing:
This guys should just shut up jor

There is no free lunch in life

LegendHero:
For the past decade, people have been clamoring for subsidy to be removed but no president has the balls to proceed with it.

During the campaign season, the highlight of the campaign is all candidates vowing to remove fuel subsidy if they get elected.

So I don’t know all the blame game about about Subsidy removal and bla bla bla.

Tinubu already spoke about his palliative program to ease the burden on people and they already have committee looking into that and will be rolling it out soon.

Even if petrol sell for 1 trillion, subsidy is gone forever. I would rather activists and people should start pressuring Tinubu government to release the palliative programs as soon as possible like minimum wage increment, improving security/infrastructure, access to low interest loan for MSME as promised, and etc.

The Tinubu that I know will not back out. Subsidy on petrol is gone!!!

maasoap:

Government has responsibility to make life easy for her citizens. The countries that your fellow Nigerians are japaying to don't leave their citizens at the mercy of economic hardship.

Racoon:

https://www.farooqkperogi.com/2023/07/subsidy-removal-as-elite-banditry.html

maasoap:


This is what I'm yet to understand. A lot of masses are really speaking in support of subsidy removal as if they were not benefiting from the oil and power subsidy, as if they had something to benefit from its removal.
Many people can't go out anymore with their private cars.

Dotherightthing:
This guys should just shut up jor

There is no free lunch in life

sukkot:
but the oil is free from GOD

Dotherightthing:
This guy should just shut up jor

There is no free lunch in life

Angelfrost:


The oil that has been sold and embezzled since 1960 is not free?!! How much did they pay nature for it?!!

maasoap:


This is what I'm yet to understand. A lot of masses are really speaking in support of subsidy removal as if they were not benefiting from the oil and power subsidy, as if they had something to benefit from its removal.
Many people can't go out anymore with their private cars.

Dotherightthing:


How can we borrowing money to fund subsidy for chrissake

sukkot:
the bolded baffles me. i have concluded nigerians are dumb self saboteurs

Dotherightthing:


Do you know much it costs and what it takes to drill crude oil from the ground

sukkot:
they borrow money to loot, so why not ?

sukkot:
if it wasnt profitable they will not do it. the oil is free from GOD