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Nairaland Forum / Nairaland / General / Politics / Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi (16529 Views)
House Of Reps Calls For Outright Removal Of Subsidies / IMF Tells FG To Remove Electric And Fuel Subsidies, Give More Jobs / #endsars: "Impeach Buhari Now!" - Farooq Kperogi To NASS, Gives Reasons (2) (3) (4)
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Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Racoon(m): 7:41am On Aug 19, 2023 |
Twitter: @farooqkperogihttps://www.farooqkperogi.com/2023/08/why-tinubu-must-restore-fuel-subsidies.html?fbclid=IwAR0HzZVcI0kQ5jzlPVfwN9pGTbj9m1o_kjRHA5nCKVeIVVH1jN05SUm6Vgg&m=1 40 Likes 7 Shares
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Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by KingsCity: 7:43am On Aug 19, 2023 |
It doesn't make sense for subsidy and all it's corruption to be restored What the government needs to do, and they ought to have done that already, is significantly increase salaries of employees and provide other reasonable palliatives (Not N5billion to each state and some trucks of rice!! What would the people do when they finish eating the rice?) to cusshion the effects of the removal. Provide incentives to businesses and of course businesses can also sort themselves out by increasing prices of what they offer to cover increased costs Same day he announced subsidy removal, he ought to have announced wage increases. If subsidy is being removed and which is going to save the country trillions and benefit the country over the long term, it makes sense that a good chunk of that savings be applied to cushion the immediate harsh effects of the withdrawal immediately and up at least a year......Employees and businesses will eventually adjust but that will take some time... PMS is not necessarily more expensive in Nigeria than elsewhere but wages & incomes in Nigeria are definitely very poor 45 Likes 1 Share |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Racoon(m): 7:43am On Aug 19, 2023 |
In fact, as Tinubu implied when he said he was asked to take his "share" from the subsidy removal windfall, subsidy removal often means no more than taking away from the poor to expand the wealth and luxuries of people in government. The money is never used for anything that benefits the nation. It's just more money for the elite to steal.A fact often neglected by the beleaguered downtrodden citizens. The real subsidy criminals are those in government who are not ready to cut down the cost of governance. 35 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Chigozie321: 7:45am On Aug 19, 2023 |
Subsidy is a criminal enterprise. What government should prioritize is giving support to owners of modular refineries. More licenses should be given to them and the government should give them tax rebates. 15 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Racoon(m): 7:46am On Aug 19, 2023 |
Now compare that to America, the world’s wealthiest nation. American presidents pay for their own food from their pockets. If the world’s wealthiest country doesn’t subsidize the personal expenditures of its first families, why do Nigerian budgets earmark billions for the convenience of the first family but talk of “sacrifice” and being “broke” when it comes to giving subsidies to the poor?The subsidy question have been a recurrent decimal in our national life because each successive government always benefits from it to the extreme disadvantage of the citizens and country. This is why NNPC refineries were crippled even with the unaccounted billions of dollars budgeted as TAM. Not adding the humongous overhead costs of worker who are being paid from the country's coffers for zilch crude oil refining. This give rise to unknown criminal enitites called independent markets who are the subsidy cabals that have continued to hold the nation by the jugulars in cahoot with the government 11 Likes 1 Share |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by SenatePresdo(m): 7:49am On Aug 19, 2023 |
The drug sniffing orangutan is more confused than a Yaba left patient. You saved 1 Trillion from removal of fuel subsidy, yet you borrowed money from world bank to share amongst politicians in the name of palliatives. Ordinary Senate with about 108 persons will share 70Billion, but a full state with over 5 million people will have to share 5 Billion, of which the governor and his cronies would embezzle. If its about sharing money, why not use the money to pay for subsidy so that everybody would have the opportunity to benefit from it squarely? 36 Likes 5 Shares
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Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Lumig: 7:49am On Aug 19, 2023 |
With what is attached to the subsidy regime, it's a criminal that benefits from the crime that will call for it to come back. Subsidy is gone forever. Amen! 8 Likes 1 Share |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Ttalk: 7:50am On Aug 19, 2023 |
Kperogyi, this useless man again with a Korean name should go and meet Atiku and gives him advice on how to win the election in 203 34 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Racoon(m): 7:50am On Aug 19, 2023 |
Subsidy must never be restored but the necessary modalities to checkmate the attendant collateral damages must be put in place. Make the refineries work. Deregulate the downstream petroleum sector and stop the monopoly of crude oil refinery as being proposed by the Dangote refinery issue 11 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by FuckTheMod: 7:50am On Aug 19, 2023 |
Tinubu doesn't need to restore fuel subsidy. It is criminal and evil that Nigeria, THE BIGGEST ECONOMY IN AFRICA AND THE LARGEST OIL PRODUCER DOES NOT HAVE A FUNCTIONAL REFINERIES. Yet, government keeps spending millions of dollars yearly on maintenance of something that's not working and we also have ɓastards that calls themselves NNPC and finery staff collecting salaries EVERY MONTH for many years now. Some fooIs will even be saying that fuel is very cheap in Nigeria @570 per litre. How can you fooIs be making comparison with countries that doesn't produce oil? If you want to make any comparison, compare Nigeria with - Angola - Venezuela - Saudi - Russia etc. NIGERIANS ARE NOT SUPPOSED TO BUY A LITRE OF FUEL FOR MORE THAN ₦200 EVEN WITHOUT SUBSIDY. 18 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by harmargedon: 7:50am On Aug 19, 2023 |
The government should find a way to ease the economic hardships instead. 1 Like |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by princeade86(m): 7:50am On Aug 19, 2023 |
He knows nothing 3 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Calabar1stSon: 7:51am On Aug 19, 2023 |
Only APC members/supporters are enjoying this government because they buy everything cheaper than the rest of us out there. 5 Likes 1 Share
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Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by b0rn2fuck(m): 7:51am On Aug 19, 2023 |
Stubborn Jagaban , he was saying let the poor breath,do not suffocate them , only for baba to start suffocating both the poor and the rich. 7 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Nyanabo(m): 7:51am On Aug 19, 2023 |
Ok |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by obembet(f): 7:51am On Aug 19, 2023 |
Subsidy is a scam. 6 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by mycar: 7:51am On Aug 19, 2023 |
Is subsidy no longer an IPOB agenda? 2 Likes 2 Shares |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by ShenTeh(m): 7:52am On Aug 19, 2023 |
Is this a joke? 3 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Yugoslavia247(m): 7:52am On Aug 19, 2023 |
Firstly this Farooq has no bearing I will only say this. Do we not subsidized military Are we not supposed to subsidized education What about health What about solid minerals. But they say oil subsidy must go No refinery No planning No clue More corruption I still believe OBI is the best Just fight corruption and reduce cost of governance. Thereafter decide if to remove subsidy Stages by stages Stage one can be 30 percent Work on the refinery Stage 2 another 30 percent by then the refinery is completed Remove NNPC as sole importer. It doesn't make sense. To me is like the subsidy thieves went legit via NNPC. Tell me how NNPC should monopolize fuel import. Stage 3 another 30 percent. We should see zero corruption tolerance. Right now what we see is corrupt people The greatest evil is supporting a corrupt man because of tribe and religion 5 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Dididrumz(m): 7:52am On Aug 19, 2023 |
Let me read first They see sobering, indisputable evidence of the abject failure and cruelty of the economic prescriptions their masters in the West have imposed on developing countries I've come to realize that the United States of America is a demonic country, full of evil and wickedness towards itself and more to black countries. Tinubu is currently dancing to the tune of the United States. 4 Likes 1 Share |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by victorazy(m): 7:53am On Aug 19, 2023 |
North son dey cry now now |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by vizboy(m): 7:54am On Aug 19, 2023 |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Kingray10: 7:54am On Aug 19, 2023 |
He will he need money for himself and his Minister to loot. 1 Like |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by StaffofOrayan(m): 7:54am On Aug 19, 2023 |
These suffer head people go gree hear? 3 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by symbianDON(m): 7:55am On Aug 19, 2023 |
No one talks of the drain on the economy that the National Assembly constitutes. No one cares that Nigeria maintains 10 aircraft in the presidential air fleet at the cost of billions of naira in maintenance cost even though Britain, which is far richer than Nigeria, had no dedicated fleet of aircraft for its prime minister until 2016 when a plane was purchased for the office of the Prime Minister (and “other ministers and senior members of the royal family when they travel on official engagements”) at the cost of $15 million. Note that, according to official records, it cost about $15 million between May and November in 2016 to maintain Nigeria’s presidential air fleet. Besides, hundreds of billions are allocated every year to finance the feeding, travel, medical bills, brand new cars, and even sewage disposal of people in the presidency. Now compare that to America, the world’s wealthiest nation. American presidents pay for their own food from their pockets. If the world’s wealthiest country doesn’t subsidize the personal expenditures of its first families, why do Nigerian budgets earmark billions for the convenience of the first family but talk of “sacrifice” and being “broke” when it comes to giving subsidies to the poor? 5 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by AllenSpencer: 7:55am On Aug 19, 2023 |
Cabals have paid Farooq 1 Like |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by StaffofOrayan(m): 7:55am On Aug 19, 2023 |
Racoon: This doesn't even make sense! All you seem to be saying is that the people should subsidize all the failures you mentioned above! 1 Like |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Parachoko: 7:56am On Aug 19, 2023 |
Fuel Subsidy is Gone 31 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by 96ACE: 7:56am On Aug 19, 2023 |
Let the trekking keep favoring you and your families 4 Likes
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Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Busu001: 7:57am On Aug 19, 2023 |
KingsCity:You are selfish man, what about those unemployed out there, those poor brothers battling with life on a daily basis, striving with the cost of living fuel subsidy removal have brought upon them. Yet because you are employed you couldn't think of anyone else, you are blabbering about wages increase, fuel subsidy removal should be reversed!. Period. 7 Likes |
Re: Why Tinubu Must Restore Fuel Subsidies Now - Farooq A. Kperogi by Nonybb: 7:57am On Aug 19, 2023 |
This "Kperogi" of a guy; a dude with a funny name is really exhibiting the average idiocy of a Fulani man which was shown when the devil, Buhari, assumed the mantle and caused maximum destruction upon the people. He is here again with a weird suggestion aimed at eroding the gains of the past. I am not even a fan of Tinubu Ebola Escobar but I am sure going back with be too risky that it is better to continue on that continuum 2 Likes |
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