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Buhari Speaks On Fuel Subsidy Removal - Politics (2) - Nairaland

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No Going Back On Subsidy Removal - FG / Buhari Speaks To ARISE TV On New Cabinet, Saraki, Others / Jonathan Insists On Subsidy Removal (2) (3) (4)

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Re: Buhari Speaks On Fuel Subsidy Removal by EvilBrain1(m): 4:11pm On Oct 25, 2011
The pro-GEJ shills have done a fantastic job at derailing this thread. Buhari has raised a number of very important points about about the FG's credibility, where the fuel subsidy money really goes and corruption in general. But instead of talking about that, we're arguing about the man's record as if that has anything to do with the topic at hand.

If Jesus Christ himself came down from heaven and said anything critical about GEJ's government, Beaf and co will probably say something like "Don't mind that stûpid Jesus joo! Was it not him that was telling people not to pay taxes back in 32A.D?"
Re: Buhari Speaks On Fuel Subsidy Removal by Beaf: 4:18pm On Oct 25, 2011
^
We have simply proven in stark terms, the fact that Buhari precided over the very first ever removal of subsidies way back in 1978.
He is just being a hypocrite now, because he is still in pain about the elections. Its best for us to all move on and leave bitterness of the past behind.
Re: Buhari Speaks On Fuel Subsidy Removal by Kx: 4:20pm On Oct 25, 2011
Lets fast forward to 2020

"At last former President Jonathan Goodluck reveals"

The Former President Goodluck Jonathan has revealed  that the failed fuel subsidy he so sought to implement in 2012 was aimed at repaying a sect of powerful business men in the downstream sector who bankrolled his presidential campaign in the 2011 presidential elections. He revealed that the subsidy remover which never saw the light of the day,

source:Futurenigeria.com     April 3rd,2020.

I wont be surprise if this news surfaces in 2020
Re: Buhari Speaks On Fuel Subsidy Removal by Beaf: 4:23pm On Oct 25, 2011
Kx:

Lets fast forward to 2020

"At last former President Jonathan Goodluck reveals"

The Former President Goodluck Jonathan has revealed  that the failed fuel subsidy he so sought to implement in 2012 was aimed at repaying a sect of powerful business men in the downstream sector who bankrolled his presidential campaign in the 2011 presidential elections. He revealed that the subsidy remover which never saw the light of the day,

source:Futurenigeria.com     April 3rd,2020.

I wont be surprise if this news surfaces in 2020

Lol!!!!!!!!!!!!!!!!!

How can you remove the fuel subsidy to pay "powerful business men?" How would that work?

Fuel subsidy is what pays corrupt people.
When you remove the fuel subsidy, you remove those corrupt souls and their networks from the system.
Re: Buhari Speaks On Fuel Subsidy Removal by laidback(m): 4:36pm On Oct 25, 2011
What bothers me is the way this guy's name keeps reappearing in dialogue on public issues. He obviously intends to contest 2015 elections again!
Re: Buhari Speaks On Fuel Subsidy Removal by adconline(m): 4:37pm On Oct 25, 2011
"In October 1994, General Sani Abacha hiked the pump price of petrol from N3.25 to N11 per litre, promising, with Decree 25, to set up a Petroleum Trust Fund to distribute the gains from the increase on social and infrasturctural projects"

I dont know why someone  who played a big role  increasing pump price from N3.25 to N11  about 340% should be treated differently from someone - GEJ who is trying to increase pump prices as well. Maybe its the word that is confusing us. Abacha used  'hike" = 340% increment, GEJ is using removal of subsidy  that will result in about 150% increment.
Re: Buhari Speaks On Fuel Subsidy Removal by astronp8: 4:38pm On Oct 25, 2011
Jakumo:

Like rectal orifices, everyone has opinions.   Comedy fans are therefore grateful for Ayatollah Buhari Bin Laden's decision to share his own unsolicited, irrelevant and entirely inconsequential pontifications.

While Ayatollah Buhari is indeed a certified lunatic, he is OUR nutcase, thus the fact that he can formulate a seemingly coherent sentence at all is both delightful and endearing.

Silence you chicken-feed, na your Oga be militant and a certified Zoologist. He did be better reporting all the monkey in Bayelsa creeks to Discovery channels.

@Post: The President should stop the waste in his government, and stealing going on under his nose. He will discover he has enough money to sell fuel at N10 per litre and still do all he want with tormenting Nigerians with his ignorance.

Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 4:40pm On Oct 25, 2011
17 January 1984 -   ITN News
[size=18pt]GENERAL BUHARI ORDERS HOARDED GOODS TO BE SOLD AT LOW PRICES.[/size]

Warehouses in the Nigerian capital, Lagos, where soldiers found hoarded supplies of rice, sugar and car tyres, were thrown open on January 13, and good sold at low prices.
Large crowds gathered outside the stores several hours before the sale was due to start. Police with whips controlled the crowds, ensuring that buyers only obtained their assigned rations -- one sack of rice, 50 kilos of sugar, and two car tyres each.
The tyres, which fit Peugeot cars, had been selling at four times the price under the government of President Shehu Shagari, toppled in a military coup on New Year's eve.

The goods on sale at six locations in the Nigerian capital, were either very scarce, or subjected to sharp price increase before Major-General Mohammed Buhari took over in the bloodless coup.

The sale, the latest in a series of actions by military governors in Nigeria's 19 states, reflected the new regime's efforts to fight the profiteering and corruption associated with the previous government.

Meanwhile trading was said to have slumped on major markets in Lagos, as dealers awaited the announcement of new prices by the federal government. Wholesalers said they were not buying new goods for fear having to sell them at a loss.

Prices of locally-manufactured consumer goods soared last year following a prolonged shortage of raw materials caused by a sharp drop in foreign earnings from oil -- the country's main source of foreign exchange earnings. Armed soldiers raided markets soon after the coup, forcing traders to cut prices, but the new government said the raids were unauthorized and had been stopped.













[size=18pt]19th January 1984  - The New York Times
Buhari Cabinet installed - only 7 of the 18 Ministers are career military men[/size]

Nigeria's new leader, Maj. Gen. Mohammed Buhari, swore in the members of his Cabinet today, warning them that the ruling Supreme Military Council ''will keep a keen and watchful eye on your performance, your style of life and general public conduct while in office.''

He said the new administration, which came to power after the overthrow of the civilian Government of President Shehu Shagari on Dec. 31, ''will not tolerate fraud, indiscipline, corruption, squandermania, misuse and abuse of public office for self or group aggrandizement and other vices which characterize the civilian administration of the past four years.''

Of the 18 ministers named, only 7 are career military men. The proportion surprised some Western diplomats here but essentially accorded with statements by Mr. Buhari in an interview on Tuesday in which he said ''only a small number'' of military officers would be named to top political posts.


https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 4:42pm On Oct 25, 2011
[size=18pt]21st January 1984 - The NY Times
Buhari's new Government Recovers stolen Millions From Ex-Ministers[/size]

. .LAGOS, Nigeria, Jan. 20— Nigeria's military Government has recovered millions of dollars in currency hoarded by former officials and is trying to retrieve millions more smuggled out of the country, a member of the new regime says.

Brig. Tunde Idiagbon told reporters Thursday that the stockpiles of money ranged from $56,000 found at the home of former Vice President Alex Ekwueme, to $4.5 million at the residence of the last civilian governor of Kono State, Alhaji Sabo Bakin Zuwo.












[size=18pt]28TH FEBRUARY 1984 - ITN NEWS
LEBANESE AND INDIAN COMMUNITIES IN NIGERIA UNDER ATTACK BY NEWSPAPERS.[/size]

The large Indian and Lebanese communities in Nigeria have been under attack by the leading Nigerian independent newspaper, accusing them of economic sabotage.The Guardian editorial followed another one last week in the National Concord.

The Indian and Lebanese communities have been accused of bribing bank officials to illegally move foreign currency out of Nigeria, and hoarding goods.The economic success of the Lebanese and Indian communities has been the subject of some jealousy.Between the two communities, they own numerous factories and small businesses.

The new military government which seized power on December 31, 1983 has promised to fight corruption and bring down food prices.
Indians and Lebanese are alleged to be some of the power behind corrupt middlemen. Long jail terms for economic sabotage are being mentioned in the national press.

https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by Jakumo(m): 4:48pm On Oct 25, 2011
astronp8:

Silence you chicken-feed, na your Oga be militant and a certified Zoologist. He did be better reporting all the monkey in Bayelsa creeks to Discovery channels.

Astronp8, as you well know, this weekend it will be YOUR turn to buy rounds of drinks for all regular patrons at Mama Polina's Sapele Wata Joint under the Oshodi bridge in Lagos.  

Please honor this vital obligation promptly, instead of trying to use fake, mis-directed anger as an excuse to skip the bill.
Re: Buhari Speaks On Fuel Subsidy Removal by EvilBrain1(m): 6:13pm On Oct 25, 2011
Beaf:

^
We have simply proven in stark terms, the fact that Buhari precided over the very first ever removal of subsidies way back in 1978.
He is just being a hypocrite now, because he is still in pain about the elections. Its best for us to all move on and leave bitterness of the past behind.

Your ad hominem attacks aren't helping the debate.

Watch OP's video or read the article mathskill quoted. If Buhari said anything there that you disagree with, let us know and explain your own position. We don't need to know about all the evil things Buhari did or didn't do 30 years ago. They may have been relevant back when he was running for president, but they certainly aren't now. Even if Buhari was the devil-incarnate, it wouldn't reduce the validity of his what he said.

Attack the message not the messager. Lets try and argue like adults, please.
Re: Buhari Speaks On Fuel Subsidy Removal by dayolove: 6:57pm On Oct 25, 2011
The issue has nothing to do with name calling and abuse on persons of Buhari or GEJ. Why cant the government identify this so called individuals who are making money from this subsidy then build refineries and capacities to accomodate the eventual removal of any subsidy. I guess that is what should be paramount to the government now. Are we giving up on corruption that we can not identify and handle corrupt individuals who are feeding fat on the system to the detriment of the masses? i tire for this country.
Re: Buhari Speaks On Fuel Subsidy Removal by astronp8: 7:41pm On Oct 25, 2011
dayolove:

The issue has nothing to do with name calling and abuse on persons of Buhari or GEJ. Why cant the government identify this so called individuals who are making money from this subsidy then build refineries and capacities to accomodate the eventual removal of any subsidy. I guess that is what should be paramount to the government now. Are we giving up on corruption that we can not identify and handle corrupt individuals who are feeding fat on the system to the detriment of the masses? i tire for this country.

Thank you my dear. Nobody deserve a name-calling, but its obvious Beaf and his legions of Night-walkers think they can abuse other Nigerians and be immune to abuse themselves.

The only problem with this government is so corrupt it can't stop members of its gang from stealing the last drops it need to keep up the window-dressing.
Re: Buhari Speaks On Fuel Subsidy Removal by Beaf: 9:03pm On Oct 25, 2011
astronp8:

Thank you my dear. Nobody deserve a name-calling, but its obvious Beaf and his legions of Night-walkers think they can abuse other Nigerians and be immune to abuse themselves.

The only problem with this government is so corrupt it can't stop members of its gang from stealing the last drops it need to keep up the window-dressing.

I wonder if you people are normal? Can you point at one instance where I have called anybody names here, instead I've had to side step the gutter words of at least 3 posters.
I know your tactics and they point at dismal failure to make counter points and a dishonest means to cover up by pointing at Beaf; who you would seem to be saying has insulted you so much that your counter-points dissolved into thin air. Thats boring, old and a big fail.

Nobody can remake history and the fact stands that Buhari introduced the fuel subsidy wagon to Nigeria in 1978; not just that, but he has spent his whole life in Nigeria's petroleum sector, moulding it.
There are a couple of them in that bracket, the other is Rilwan Lukman. If anyone wants to dissect the corruption in NNPC, then they are better off starting with these two. It is sheer hypocrisy for Buhari to point fingers when he started the fire.
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 9:12pm On Oct 25, 2011
[size=18pt]2nd March 1984 – ITN NEWS
GENERAL BUHARI VISITS YOLA AFTER QUENCHING RELIGIOUS RIOTING THAT LEFT DOZENS DEAD.[/size]
Nigeria's military ruler, Major-General Mohamed Buhari, visited the northeastern Nigerian city of Yola - in Gongola state - February 29 to assess the extent of damage caused by violent communal rioting two days earlier.

The known death toll from the religious disturbances is nearly 140, with at least another 60 persons injured, some critically. Gongola's acting state governor, Colonel Cyril Iweze, blamed the turmoil on fanatical followers of Moslem fundamentalist Muhammadu Marwa Maitatsine's religious sect. Marwa himself was killed in vicious rioting three years ago, when an estimated 4,000 people died.

In disturbances on February 27, the army was eventually called in to quell resistance from thousands of religious fanatics, at least 715 of whom were arrested by security forces.

General Buhari visited the Yola Specialist Hospital during his one-day tour of the gutted city, and also met with the Lamido of Adamawa, Alhaji Mustapha Aliyu, to discuss the situation.


https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 9:17pm On Oct 25, 2011
[size=18pt]23 March 1984 - ITN News
BUHARI’S GOVERNMENT LAUNCHES “WAR AGAINST INDISCIPLINE”[/size]

Nigeria's military government is stepping-up its campaign against corruption, mismanagement and indiscipline at all levels in Nigeria society.

Preliminary hearings into corruption and abuse of office against former politicians and civil administrators have already begun and on March 21 the government launched its war against indiscipline.

One of the first areas under attack is Illegal Street trading in the capital Lagos. The military government of Major-General Buhari has promulgated a decree forbidding the street trading, a major source of income for many thousands of Lagos people. Police have already begun arresting street vendors and confiscating their wares.

The campaign is also designed to foster greater personal and social discipline with Nigerians being urged to queue for buses in an orderly fashion. The crackdown on indiscipline was announced by Brigadier Tunde Idiagbon, a member of the Nigerian Supreme Military Council.

BRIGADIER TUNDE IDIAGBON: [i]"I want you to bear in mind the need to emphasise self-discipline and leadership by good example.
Begin by drawing public attention to little but important everyday manifestations of indiscipline such as rushing into buses, driving on the wrong side of the road, littering the streets, parks and dwelling compounds, cheating, taking undue advantage of scarcity to inflate prices for quick monetary gains, constituting ourselves into public nuisances, walking without commitment and devoting little or no time to the upbringing of our children.

Up to this moment there has been no formal declaration of war against indiscipline, it is my pleasure therefore to declare today a launching day for the

https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by pheesayor(m): 10:06pm On Oct 25, 2011
SUBSIDY REMOVAL: THEY ARE FRAUDSTERS!!! – GEN. BUHARI (Rtd.) (Text Version)

Question: Sir, what is your view on the subsidy question?
Gen. Buhari (rtd.): I don’t understand what the Nigerian economists and members of Government mean by their definition? That they are subsidizing Nigerian crude oil. Who is subsidizing who?
The Nigerian oil industry was developed with Nigerian capital. Most of the expertise is Nigerians, if you go into the field.
It is Nigerian capital, Nigerian oil. What I understand Nigeria should charge Nigerians is the cost of getting oil from the well and then the cost of transportation to the refinery, cost of refining and its cost at the pump.
If anybody says he is subsidizing anything, he is a fraud. So when these people talk about subsidy… who is subsidizing who?
But there is so much fraud as I said before so I don’t talk about it. But the day I have to talk about it, I will ask the Petroleum Economists to come and tell me who is subsidizing Nigerians? Nigerian Oil? Whose oil is it?
We have four refineries with the capacity of four hundred and eighty thousand (480,000) barrels per day. That is if they are functioning at full capacity, because of corruption, they have virtually allowed those refineries to become so inefficient that I don’t think they produce up to half their capacity. Now instead of taking the balance of what we have outside to be refined outside as we used to ,when there was a Turn Around Maintenance (TAM) when I was in Petroleum, hardly Nigerians know. Because we negotiate with oil companies, we say ok Nigerians use two hundred thousand (200,000) barrels a day, take two hundred thousand (200,000) barrels a day, you refine it, you bring the refined product back to us, you sell the rest of the thing we don’t need. And then you call it subsidy. It is Nigerian crude. Who asked them to take commission for what they have refined?
Then our refineries, we built three (3) more refineries. It used to be one in Port Harcourt. We built another one in Port Harcourt, One Hundred and Fifty Thousand (150,000) capacity with the old one of Two Hundred and Fifty Thousand (250,000) capacity, Warri One Hundred Thousand (100,000) capacity, and Kaduna One Hundred Thousand (100,000) capacity. Is there supposed to be any cut? Now if you are taking Two Hundred and Fifty Thousand (250,000) barrels to be refined outside. All you have to do is to fill the fee for this refining and you bring your own oil inside it, and the people are saying that they are subsidizing. Who are they subsidizing? I don’t understand it and I need the Petroleum economist to explain to me this question of subsidy. It is share fraud and corruption!

http://omojuwa.com/?p=1701
Re: Buhari Speaks On Fuel Subsidy Removal by BetaThings: 11:22pm On Oct 25, 2011
Beaf:


The other day, it was Aluko spitting fire. Yet as minister of finance, he was the brains behind Abacha's "subsidy" deals to take over the Nigeria economy and pipe the proceeds straight into his Swiss accounts. Buhari distributed the largesse and claims till date that the ignoble thief, Abacha never stole a dime.

We know better. Left to me, all those who took part in any military regime would be lined up, shot and fed to pigs.
1. Please when was Aluko the Minister of Finance?
2. When Buhari took over in 1984, you would have needed to shoot the virtually every Nigerian and fed them to pigs. Why does somebody who ruled for just 20months 25 years ago still causing so much electoral panic to PDP.  He is the one they would not allow to campaign. We saw it in Ibadan, Jos, Minna etc

Jonathan has been C-in-C for 20 months already. He has been selling crude oil for around $100 per barrel.
Buhari sold fuel for about $10 per barrel
Jonathan inherted reserves of about $52b
Buhari inherited reserves of less than $1b
Jonathan inherited foreign debt that could be paid from the reserves without a dent
Buhari inherited debilitating debt that he had to devote 44% of foreign earnings to service

Buhari inherited an economy that was near-collapse. Even Shagari had instituted austerity measures in 1982
Jonathan inherited an economy that was quite strong with a good international rating, although under his watch the outlook  was reviewed downwards

Buhari ruled for 20months
Jonathan has ruled for 20 months and his rating is falling


Okonjo-Iweala raises alarm over 2011 budget •Says no record of implementation so far •It’s a problematic budget -Finance Minister
http://tribune.com.ng/index.php/front-page-news/28034-okonjo-iweala-raises-alarm-over-2011-budget-says-no-record-of-implementation-so-far-its-a-problematic-budget-finance-minister

NINE months into  the fiscal year, the Minister of Finance, Dr Ngozi Okonjo-Iweala, has stated that there is no record of implementation as far as the 2011 budget is concerned.


Jonathan’s rating drops, opinion poll shows
http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=64085:-jonathans-rating-drops-opinion-poll-shows&catid=1:national&Itemid=559
IT seems too fast and too soon for it to hit terra firma but that is just the way it appears headed. Simply put, the pristine image of President Goodluck Ebele Jonathan prior to his taking office a mere 137 days ago appears to have taken a huge dent in the consciousness of Nigerians in all strata of society and across the country.

BTW Tribune is one of Jonathan;s favourite papers. Guardian is owned by somebody from South South and of course, the paper has the best reputation in Nigeria
Re: Buhari Speaks On Fuel Subsidy Removal by Beaf: 11:31pm On Oct 25, 2011
^
Stop running around like a headless chicken.

pheesayor:

SUBSIDY REMOVAL: THEY ARE FRAUDSTERS!!! – GEN. BUHARI (Rtd.) (Text Version)

Question: Sir, what is your view on the subsidy question?
Gen. Buhari (rtd.): I don’t understand what the Nigerian economists and members of Government mean by their definition? That they are subsidizing Nigerian crude oil. Who is subsidizing who?
The Nigerian oil industry was developed with Nigerian capital. Most of the expertise is Nigerians, if you go into the field.
It is Nigerian capital, Nigerian oil. What I understand Nigeria should charge Nigerians is the cost of getting oil from the well and then the cost of transportation to the refinery, cost of refining and its cost at the pump.
If anybody says he is subsidizing anything, he is a fraud. So when these people talk about subsidy… who is subsidizing who?
But there is so much fraud as I said before so I don’t talk about it. But the day I have to talk about it, I will ask the Petroleum Economists to come and tell me who is subsidizing Nigerians? Nigerian Oil? Whose oil is it?
We have four refineries with the capacity of four hundred and eighty thousand (480,000) barrels per day. That is if they are functioning at full capacity, because of corruption, they have virtually allowed those refineries to become so inefficient that I don’t think they produce up to half their capacity. Now instead of taking the balance of what we have outside to be refined outside as we used to ,when there was a Turn Around Maintenance (TAM) when I was in Petroleum, hardly Nigerians know. Because we negotiate with oil companies, we say ok Nigerians use two hundred thousand (200,000) barrels a day, take two hundred thousand (200,000) barrels a day, you refine it, you bring the refined product back to us, you sell the rest of the thing we don’t need. And then you call it subsidy. It is Nigerian crude. Who asked them to take commission for what they have refined?
Then our refineries, we built three (3) more refineries. It used to be one in Port Harcourt. We built another one in Port Harcourt, One Hundred and Fifty Thousand (150,000) capacity with the old one of Two Hundred and Fifty Thousand (250,000) capacity, Warri One Hundred Thousand (100,000) capacity, and Kaduna One Hundred Thousand (100,000) capacity. Is there supposed to be any cut? Now if you are taking Two Hundred and Fifty Thousand (250,000) barrels to be refined outside. All you have to do is to fill the fee for this refining and you bring your own oil inside it, and the people are saying that they are subsidizing. Who are they subsidizing? I don’t understand it and I need the Petroleum economist to explain to me this question of subsidy. It is share fraud and corruption!

http://omojuwa.com/?p=1701

The bolded 100% confirms what I said, that Buhari introduced the whole fuel subsidy wagon. All he is doing here is making a very weak and unconvincing play of words.
I expect that his name will be mentioned quite a lot if the fuel subsidy corruption cycle is opened for investigation, due to the current subsidy removal proposal. He started the ugly ball rolling, the dirty details are in the so-called negotiation with the oil companies, who does what, who gets paid, what gets paid and how.
Re: Buhari Speaks On Fuel Subsidy Removal by freshcvv(m): 11:47pm On Oct 25, 2011
BetaThings:

1. Please when was Aluko the Minister of Finance?
2. When Buhari took over in 1984, you would have needed to shoot the virtually every Nigerian and fed them to pigs. Why does somebody who ruled for just 20months 25 years ago still causing so much electoral panic to PDP.  He is the one they would not allow to campaign. We saw it in Ibadan, Jos, Minna etc

Jonathan has been C-in-C for 20 months already. He has been selling crude oil for around $100 per barrel.
Buhari sold fuel for about $10 per barrel
Jonathan inherted reserves of about $52b
Buhari inherited reserves of less than $1b
Jonathan inherited foreign debt that could be paid from the reserves without a dent
Buhari inherited debilitating debt that he had to devote 44% of foreign earnings to service

Buhari inherited an economy that was near-collapse. Even Shagari had instituted austerity measures in 1982
Jonathan inherited an economy that was quite strong with a good international rating, although under his watch the outlook  was reviewed downwards

Buhari ruled for 20months
Jonathan has ruled for 20 months and his rating is falling


Okonjo-Iweala raises alarm over 2011 budget •Says no record of implementation so far •It’s a problematic budget -Finance Minister
http://tribune.com.ng/index.php/front-page-news/28034-okonjo-iweala-raises-alarm-over-2011-budget-says-no-record-of-implementation-so-far-its-a-problematic-budget-finance-minister

NINE months into  the fiscal year, the Minister of Finance, Dr Ngozi Okonjo-Iweala, has stated that there is no record of implementation as far as the 2011 budget is concerned.


Jonathan’s rating drops, opinion poll shows
http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=64085:-jonathans-rating-drops-opinion-poll-shows&catid=1:national&Itemid=559
IT seems too fast and too soon for it to hit terra firma but that is just the way it appears headed. Simply put, the pristine image of President Goodluck Ebele Jonathan prior to his taking office a mere 137 days ago appears to have taken a huge dent in the consciousness of Nigerians in all strata of society and across the country.

BTW Tribune is one of Jonathan;s favourite papers. Guardian is owned by somebody from South South and of course, the paper has the best reputation in Nigeria

MAY GOD BLESS YOU .
Re: Buhari Speaks On Fuel Subsidy Removal by Akainzo(m): 11:49pm On Oct 25, 2011
Beaf:

You will always abuse because you are empty, sir. It doesn't change easily verifiable facts.

Buhari has spent 90% of his political life being chairman of the NNPC. He formed NNPC into what it is today. Indeed, Buhari was its first head in 1977 during the period corruption set into the oil industry (Decree 33, NNOC & MPR extinguished).
He was also petroleum minister under Obasanjo, PTF chairman under Abacha (whom he claims never stole a penny).
With Buhari under Abacha, there was rampant removal of the "subsidy" and award of importation contracts to cronies, Buhari became the chairman of the Petroleum Trust Fund (PTF) that disbursed monies accrued from the removal of "subsidies."

So tell me, is Buhari being honest, or is he just flying an ugly populist kite?

http://www.vanguardngr.com/2011/10/subsidy-removal-a-history/

In 1978, Buhari was the head of NNPC.

http://www.vanguardngr.com/2011/10/subsidy-removal-a-history/


@Beaf, how come you are conveniently forgetting that the same Buhari as head of the NNPC in 1978 built 2 new  refineries, a petrochemicals and fertilizer company between 1977 and 1979?  Was the history books torn when it got to that part or you suddenly had river blindness so couldn't read that part?

Trying to distort history can only confuse or satisfy your ilk, the educated ones would always find you out.


Note that the man built 2 new refineries within 3 years while PDP has not even been able to make just one work in 12 years.
Re: Buhari Speaks On Fuel Subsidy Removal by Akainzo(m): 12:02am On Oct 26, 2011
Beaf:

The bolded 100% confirms what I said, that Buhari introduced the whole fuel subsidy wagon. All he is doing here is making a very weak and unconvincing play of words.
I expect that his name will be mentioned quite a lot if the fuel subsidy corruption cycle is opened for investigation, due to the current subsidy removal proposal. He started the ugly ball rolling, the dirty details are in the so-called negotiation with the oil companies, who does what, who gets paid, what gets paid and how.


Apparently, you have no sense of timelines! Nigeria started allocating 200,000bpd crude for internal consumption in 1985.
Buhari met the crude for products stuff in 1977 and to stop it instituted the building of two new refineries.

Right now, we allocate 300,000 bpd to local consumption, but since the refineries are not working, can you please tell me what GEJ/Diesani have been doing with that allocation?
Re: Buhari Speaks On Fuel Subsidy Removal by bassette(m): 2:06am On Oct 26, 2011
Beaf in a debilitating bid to defend d goodluck led govt has lost his Nigerianness and that is if he ever had any, I get amazed at his posts/comments that i just wonder.it is part of the sad reason why Nigeria is the way it is,cause certain persons wud neva defend reality n proper sense rather make sorry attempts at defending ineffectiveness, we don't need a soothsayer to tell us this govt isn't jst doing it right!The reality of the matter is that subsidy removal,palliatives creation whatever wud not solve one thing here cos d system is absolutely CORRUPT!!!it is so sad when u c adults who can't jst humble themselves and admit to this,
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 4:09am On Oct 26, 2011
[size=18pt]12TH APRIL 1984 - ITN NEWS
BUHARI'S MILITARY TRIBUNAL MEMBERS SWORN IN TO PROSECUTE 500 DETAINED POLITICIANS, OFFICIALS AND OTHERS CHARGED WITH FINANCIAL FRAUD[/size]
The swearing-in took place in Lagos on April 11 of members of Nigeria's special military tribunals which will try 475 detainees charged with financial misdemeanour.

The military government, in power since a coup on December 31, 1983, arrested public officials and businessmen accused of diverting millions of dollars of public money under the previous civilian regime.
The tribunal members, 20 military officers and five judges, were sworn in by Chief Justice Sodiende Sowemimo, and will begin their work around the end of April in five regional centres.

When Major-General Mohammed Buhari came to power in the New Year's Eve coup, he promised a crackdown on public corruption as one way of solving Nigeria's economic crisis.

In February, 1984, his government launched a "War against Indiscipline" to encourage a more efficient society. More recently, security forces in Lagos rounded up 6,000 suspected criminals, political extremists and illegal aliens.

A drive is currently in progress to force down food prices through raids on shopkeepers and others suspected of hoarding food.


https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by danjohn: 6:23am On Oct 26, 2011
Buhari understands that a man with one bullet only shoots when he has a clear shot.  I am happy that Buhari has come out of hiding.  I hope he remains visible by engaging in the issues that people care about.  Buhari may not be the most polished politician but when I listen to him I know that his heart is in the right place.  Sai Buhari!!!!
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 6:34am On Oct 26, 2011
Not even trying to be funny, but I couldnt understand anything he said.
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 7:21am On Oct 26, 2011
@Ileke-IdI,
The main point that Buhari is making is that the idea that fuel price is being subsidized is a lie.

He is saying that all the fuel price should be made up from following prices:
Cost of pumping the crude oil from the ground
Cost of refining the oil to produce fuel
Cost of transportation to and from the refinery

He is implying that current fuel price already exceeds the cost of producing fuel, so where is the subsidy?

he asks who is subsidzing who, because he is implying the increase is a way of raising money to be looted by corrupt politician i.e we the masses are the ones subsidizing the corrupt elite's lavish lifestyle by paying more money for fuel.

Buhari know what he is talking about he has been Head of State, Chairman of Petroleum Trust Fund, Chairman of Nigeria National Petroleum corporation, and Minister of Petroleum.
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 9:11am On Oct 26, 2011
Beaf:

Lol!!!!!!!!!!!!!!!!!

How can you remove the fuel subsidy to pay "powerful business men?" How would that work?

Fuel subsidy is what pays corrupt people.
When you remove the fuel subsidy, you remove those corrupt souls and their networks from the system.

An overly simplistic argument.
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 10:44am On Oct 26, 2011
[size=18pt]30th April 1984  - ITN News
BUHARI SCRAPS OLD NAIRA NOTES AND CIRCULATES NEW CURRENCY IN ORDER TO RENDER STOLEN / SMUGGLED CASH WORTHLESS.[/size]

Nigerians waited in long queues outside banks in Lagos on April 25 to change old notes for new. Nigeria's decision to scrap its currency and start again with a new Naira marked a sudden stepping-up of the military government's attack on corruption.

The government announced on April 24 that banks would start changing new notes for old the next day.
Brigadier Tunde Idiagbon, who ranks second in the new administration, said in a national television broadcast that the country's land borders would be closed immediately in a move to render the old Naira worthless abroad.

The changeover will extend to May 6.In that time people will be allowed to change up to 5,000 old Naira for new notes. Anything over that amount must be deposited in banks, accomplished by affidavits proving source and ownership -- another move to pinpoint corruption.
Brigadier Idiagbon said the withdrawal of the old notes had become necessary because rampant smuggling of Naira had been a key factor in the sabotage of the Nigerian economy.

He said that hundreds of thousands of Naira had been found in the homes of several former state governors after the civilian government was ousted on December 31 last year. (remember in 1984  1Naira  fetched more than 1 dollar)
Since April 25,  bank officials have been trying to move the new money across the counters as fast as they were receiving it, but many have complained that people were forced to queue for hours outside banks which had run out of money to distribute.

https://www.nairaland.com/nigeria/topic-693700.64.html
Re: Buhari Speaks On Fuel Subsidy Removal by Gbenge77(m): 2:30pm On Oct 26, 2011
all this fuel subsidy talk is just crap.
Re: Buhari Speaks On Fuel Subsidy Removal by Nobody: 2:55pm On Oct 26, 2011
This is a kinda eye opener for me also.

It is so obvious, it a wonder I never questioned it before.

We Nigerians should question every thing that we are told by our corrupt leaders
Re: Buhari Speaks On Fuel Subsidy Removal by samtoye(m): 4:24pm On Oct 26, 2011
We deserve the kind of leaders we have !!!! we never see suffer head yet o! come 2012 after Subsidy removal !!! GEJ ride on !!!

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