kingyakos:



U are very stupid, can someone stands alone and make a policy for a population of millions and hope it's gonna stand?...
No economic team
No executive
No advisers
U be gyroscope ode

I say I no go argue with Clueless, Empty and Gullible people like you . Na by force ?

dont worry your #artfuldodger,#nochichi,#yesdaddy has the magical wand to solve a problem of 3decades in 3months!simply pray he tries his luck and wins in 2027!but for now,no court is sending tinubu packing!not even the supreme court!!

Jomonix:


Temporary subsidy on petroleum is not the way to go. Government should try and sanitize the purchase and supply chain associated with the diesel and PMS business. The inherent corruption should be addressed

the war front is not in the Oil sector, it's in the Fx market if we intervene in that the oil sector will comply

Hopebringer:
the truth can only hide but for a brief moment the truth will always show.

See the stupid useless clueless geriatric bastard.

After setting the country ablaze with tribalism and retrogressive policies he wants to back track.

Watch how foreign investors will flee this idiot. Nothing scares foreign investors like policy summersault

This foolish lizard had no plan or blueprint for the nation this lizard just wanted to answer Mr president .

His people attacked and divided the nation wit hatred.
They call everyone who refused to dance to their tune igbo. As if those Igbos are not humans.

See this has finished any chance of a any southwest candidate ruling for the next 50 years. After Igbos do their tune my brother The current governor par excellence H.E. Sir Obaseki will te president .

Tinubu is nothing but a disappointment. A shame

All the propaganda and lies about having a master plan , where is it? It was all a mirage ! Lies !

See All the foreign investors.will make immediate u turn... this president is so useless.

Spent more time learning how to deceive people than being intelligent.

Now here we are, after all the noise that he has a plan.barely 2 months and suddenly policy summersault

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🔥🤣

Bro, it is easier typing and speaking Grammer.

Look, if Tinubu does not reverse the subsidy in a way and naira floating polices now. . Nigerian's currency and economy will collapse completely within max the next 2 months. That is the reality.

He should have created modalities first. .

festacman:
The good thing about eating one's words is that it doesn't make one fat.

However, this new development even if it is being considered is a red flag that President Tinubu is not as prepared for governance as he campaigned. Unfortunately, not appearing for media interactions or debate didn't help. That President Tinubu knew he would implement the removal of subsidy and floating of Naira soon after inauguration but had no plans to manage the consequences of the these major policy shift paints a scary picture about his future policies.

My suggestion is that Tinubu could go on and appoint Wale Edun the Finance minister as well as appoint his President Economic Team. However, he should he headhunt for some young hothead economists and financial experts and place them under his office to serve as his thinktank in brainstorming on policies, creating scenarios, doing risk-benefit analyses, SWOT Analysis, etc to give the big picture advantage. We need practical ideas from thinking out of box to solve our problems here rather than some textbooks stuff.

How on earth is value of Naira is falling and the CBN is speaking grammar. How about rolling about plans to encourage the local production and export to cure our trade deficits.

You are an absolute slowpoke with a dead brain.

Igboslayer:
Best way to remove subsidy is in phases. Remove certain percentage quarterly and use the money gained for all to see. Removing all at once is like drowning a child because you want him to own a swimming pool. He may not live to swim in it

This is the only reasonable approach. While doing this, deal with the corrupt people assumed to be benefitting the subsidy, ensure local refining as well. Fuel price should have moved from 185 to say 220 per liter first.

yommen:



He was a better governor than Obi. Some others brought into this mess, not Tinubu. Mind you, some people have only stolen the subsidy money!

Experience as a governor is not enough to run a country like Nigeria.

PepeXKermit:


It seems you do not live in nigeria. Lol

That the price won't come down? There is no way petrol will come down to 200-300 naira and transporters won't lower their fares too. The difference is huge.

Yinkusgold:
I said it just like Preesident Ruto returned subsidy he removed a day after his swearing in Kenya.

you mean the same Kenya they started protesting when we removed our subsidy and they realized they couldn't buy cheap fuel from us anymore?

abbey621:
Don't be a coward......Nigerians would thank you in the long run, don't go back to subsidizing nonsense! Use the money saved and build refineries for God's sake! Build the damn thing!

So you did not hear Akpabio and his fellow Sinnators sharing the saved money.

Zero will be left of the saved money.

NaughtyBrainiac:
You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed.

Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects.

This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation
A Leader that can make bold positive moves
A Leader that can quickly assess the impact of his policies and seek ways to make things better
A Leader that listens

I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes.

Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible.

It’s only a confused leader that keeps going back and forth with policies. Back and forth policies hurt the economy so bad that at some point, your economy will go into coma.

You said he will build a foundation for Nigeria, by going back and forth on his decisions and policies?
Imagine you want to build a house and your contractor keeps building and demolishing to start all over
He will still take away the unified principles exchange rate,
But again, how can you trust a man whose “yes might change to be no” tomorrow?
The really is, He is not ready, and has no plan to move the country forward. He will only destroy Nigeria…

leokid866:
lol when the CBN rolled out plans to stimulate local production for 8 years under Buhari, how many of you paid back your loans? What did you do when Emefiele was begging everyone to pay back their loans or at least do what you were given the money for? Oga sit down I beg.....

Any idea conceived and implemented with proper evaluation and monitoring will never produce high level of defaults. However, it will if it was deliberately implemented to do favours to some classes of people.

This trial and error man. Any where belle face. No plan before taking over. Tor, I don't blame him, his major manifesto is 'it is my turn'

festacman:
The good thing about eating one's words is that it doesn't make one fat.

However, this new development even if it is being considered is a red flag that President Tinubu is not as prepared for governance as he campaigned. Unfortunately, not appearing for media interactions or debate didn't help. That President Tinubu knew he would implement the removal of subsidy and floating of Naira soon after inauguration but had no plans to manage the consequences of the these major policy shift paints a scary picture about his future policies.

My suggestion is that Tinubu could go on and appoint Wale Edun the Finance minister as well as appoint his President Economic Team. However, he should he headhunt for some young hothead economists and financial experts and place them under his office to serve as his thinktank in brainstorming on policies, creating scenarios, doing risk-benefit analyses, SWOT Analysis, etc to give the big picture advantage. We need practical ideas from thinking out of box to solve our problems here rather than some textbooks stuff.

How on earth is value of Naira is falling and the CBN is speaking grammar. How about rolling about plans to encourage the local production and export to cure our trade deficits.

You get brain..tell them. They want to grow and encourage local industries to thrive, also encourage export of locally made goods but they've forgotten or pretended to know that the so called local industries also buy some materials from overseas in hard currency. What of the inflation which has badly affected the raw materials cost locally?

Otunbakayce:
You are an absolute slowpoke with a dead brain.

You are an absolute cadaver with a rotten brain.

Jomonix:


Temporary subsidy on petroleum is not the way to go. Government should try and sanitize the purchase and supply chain associated with the diesel and PMS business. The inherent corruption should be addressed

That's the main source of the wahala. Tinubu knows. He's only chasing shadows

raskymonojendor:
Are the subsidy cabal going to win..

Yes o
We're going to win

If u jump into anything u must jump out! Subsidy removal, a very sensitive and volatile issue which successive govts have skilfully avoided is what this man had thoughtlessly plunged himself into. Tinubu has messed up big time.

This man is a capital failure. Someone said something today on radio that really answered my long heart felt question about this government.
Someone ask why are Nigerians not protesting when people are already dieing of hunger, or Nigerians choose to die. One of the men on the programme said, how will they protest, " those that use to protest are the ones in government now", that really answered my long question...thank God Yoruba people are already secretly begging online. PDP is a million times better than APC. This party called APC is evil in all ramifications

leokid866:
you're right we should continue to pay for other nations to have cheap fuel......

We don't have to. Our leaders should stop running away from the problems we elected them to tackle. They like giving excuses and blaming others for failing in their responsibilities. Subsidy removal with the excuse of petrol smuggling outside the Nigeria was like cutting off the head in order to stop the headache.

Reason for the high inflation is part covid, part Russia war, part speculation in the forex market. ....if we intervene in the FX market it could bring things down but a return to subsidy is a no.....no

Lol. Economy started nosediving as soon as Tinubu removed the subsidy, though you're free to attribute it to some other things

Addme:
Just yesterday,Kenya President, William Ruto who also suspended subsidy the very first day he assumed office returned the subsidy for two months.
What these people don't understand is that subsidy isn't bad as people portray it, almost all advance countries subsidize so many things for their citizens but the problems in our own is the corruption in the subsidy programs. That's where the President needs to look at and not total suspension of subsidy.

Oga is like you did not realize our creditors were already closing in on our assets meanwhile we were spending 1Trillion naira every two months to give other African Nations cheap fuel while using 92% of our revenue to service debts....for a good part of the year many states had to borrow to pay staff.....there's no level of subsidy that doesn't lead us back to that path......this whole thing has to be a bad joke

NaughtyBrainiac:
You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed.

Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects.

This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation
A Leader that can make bold positive moves
A Leader that can quickly assess the impact of his policies and seek ways to make things better
A Leader that listens

I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes.

Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible.

Shut up!!! Empty vessels make the loudest noise. You're an ignoramus.

Yinkusgold:
I said it just like Preesident Ruto returned subsidy he removed a day after his swearing in Kenya.

It is called iku ti n pa ojuba eni

And they made him president of ECOWAS
Or ECOWAS made him president

YouAreNobody:

Honestly, sometimes I wonder the kinda brain you people seem to have. During Buhari's APC tenure, billions of dollars was allocated for turn-around maintenance of the refineries but what became of it?
The same thieving APC is still in power, with a bigger thief at the helm of affairs and you guys are still expecting changes. Who do una this thing?

Let me ask you, if you were the president would you remove subsidy at a go?

Stop blabbing, please specify the amount that was allocated for maintaining refineries, as far as I'm concerned Nigeria has no working oil refineries so what exactly would we be maintaining? Anyways go back and read my comment, I said BUILD refineries not maintain, fa ra buruku bale!

NaughtyBrainiac:
Tinubu's Anus is 100 times better than the Brain of a Man who came on live TV to say there is nothing wrong in not building infrastructure for 8 years as a Governor.

well understood.

OChimex:


It’s only a confused leader that keeps going back and forth with policies. Back and forth policies hurt the economy so bad that at some point, your economy will go into coma.

You said he will build a foundation for Nigeria, by going back and forth on his decisions and policies?
Imagine you want to build a house and your contractor keeps building and demolishing to start all over
He will still take away the unified principles exchange rate,
But again, how can you trust a man whose “yes might change to be no” tomorrow?
The really is, He is not ready, and has no plan to move the country forward. He will only destroy Nigeria…

Again, it is allowed everywhere in the world. You make a policy and then modify it when the outcome has certain effects.

This is Nigeria, only practicality will show real outcomes. Not theory

abbey621:
Don't be a coward......Nigerians would thank you in the long run, don't go back to subsidizing nonsense! Use the money saved and build refineries for God's sake! Build the damn thing!

The money saved will be relooted into pockets of the Tinubu and Ole friends.
Buhari and Nephews and Cousins did the same

[quote author=Mrtaye post=125132981]
The solution is functioning refineries be it regular or modular refineries[/quote

It takes time to fix a functional refinery..
Modular refinery cant come up in six months..
Meanwhile, we spend 90 percent of revenue on debt servicing..
Thats the problem

Kaiser20:

The money saved will be relooted into pockets of the Tinubu and Ole friends

We shall see!

Kaiser20:

The money saved will be relooted into pockets of the Tinubu and Ole friends.
Buhari and Nephews and Cousins did the same

He is one of them and that is why they speak so short sighted and naive. Don't bother yourself replying them.

maasoap:

We don't have to. Our leaders should stop running away from the problems we elected them to tackle. They like giving excuses and blaming others for failing in their responsibilities. Subsidy removal with the excuse of petrol smuggling outside the Nigeria was like cutting off the head in order to stop the headache.


Lol. Economy started nosediving as soon as Tinubu removed the subsidy, though you're free to attribute it to some other things

okay so what are the problems you believe they should tackle? PS if you believe the subsidy removal is all that there is to our current inflation problems then you have no idea how world economics work....cause for your mind we are insulated from external factors......