Iweala was trained and re-trained by the IMF/WORLD BANK so their world view is her world view and as fani kayode has rightly observed she is well bred in the oyinbo ways and manners,as such, many including president looks up to her as a superior human being whose views are to be taken with utmost importance.During the obasonjo era,she endlessly told us of the virtues of the removal of the subsidy without any corresponding result until she was kicked out of the finance ministry by OBJ because of alleged CORRUPT ACT.We should expect nothing good from this woman

Fani Kayode is just trying to get people's attention.

What was the achievement of OBJ when he (Fani Kayode ) was with him?

President Jonathan takes final decision on issues so why blaming someone else?

[size=20pt]PLEASE LEAVE THE MESSENGER (HE'S NOT OUR PROBLEM ), WE CARE LESS ABOUT HIM.

LET US FOCUS ON THE MESSAGE.

PLEASE , BIKO NU, DU ALLAH, E JO TO RI OLORUN[/size]

Dr. Ngozi Okonjo-Iweala is good and good. She is not our problems at all.

Even she is a blessing to nigeria.

@creserve
Well don't you think you need another person in your mist to educate you the ways things are done in Oyinbo way of life? If Oyinbo way of life in no good how come you queue endless-ling at UK and USA embassy daily trying to flee Nigeria. Stop castigating her she is not the problem of Nigeria she sort to mitigate it. She did not ask your military juta to borrow and loot money borrowed from Oyinbo land even before she was born. Leave out of the argument she is doing her best for the country.

Exactly. Now we are coming to the real matter. Obviously the so called "removal of subsidy" is really to fund the payment of debt to IMF/World Bank and not to put up any infrastructure as being touted. That should tell you why it happened so suddenly; and not just here but also in Ghana.

OUR PRESIDENT NEEDS TO BE PRO ACTIVE. WOMEN, WEALTH & WORLDLINESS FIT CAUSE PERSON UPLIFTING AND DOWNFALL. IMAGINE OUR PRESIDENT WHO HAD NO SHOES AND BAG THEN DOING THIS!!!!!!!!

nigeria pls let get this right ,

Really it's getting clearer now. Europe is in shambles financially. So where do they turn to for cash? Who else is their fattest cash cow?

FANI KAYODE SHOULD SHUT UP. HE UNDERSTANDS THE POLICY SO WELL THAT IF HE WAS A PART OF THIS GOVERNMENT, HE WILL EMBRASS IT WITH ALL HIS HANDS AND LEGS.
WHEN HE WAS MINISTER, HOW MANY POLICIES OF HIS WERE PEOPLE FRIENDLY? WE KNOW THE EXTENT TO WHICH HE ACTED ARROGANTLY AND ALMOST DICTATORIALLY WITHOUT IMPUNITY.

FANI KAYODE SHUT UP

Okonjo Iweala is the problem and as long as she is allowed to remain in power she will remain the problem.

Fani Kayode is right in his analysis of the IMF/world bank plan for nigeria.  Okonjo Iweala is merely their house maid carrying out their instructions.

However Fani Kayode seems to be totally unaware of what happens to countries who refuse to obey the IMF/world bank dictates - He should try reading the economic hitman by John Perkins.

Fani-Kayode is a janus-faced professional ass-kisser with no personility. Only In Nigeria would a man facing charges of corruption make disparaging public statements on another person of impeccable integrity.
For those who criticising  The finance minister, ask yourselves a few questions.

1. Is she in any way responsible for the exchange rate of the naira( a measure of a nations productive capacity)?

2. Is responsible for importing fuel, a product that we produce at the cheapest cost in world?

3. Is she responsible for the fact that our three refinaries are almost non-functional despite the fact we allocate up to $600 million per year for their maintenance?

4. Is she repeonsible for the fact that the crude iol allocated for domestic refinaries are unaccounted for and are diverted for sale by powerful individuals?

5. Is she responsible for the fact that a poor donor- recieving nation like Nigeria can burn $8 billion a year subsidizing a commodity that we carelessly burn while idling away on traffic jams?

The frustrations of Nigerians are very understandable. But if there is to be any revolution in Nigeria, we have to know who the enemies are. Nigeria are very very funny and difficult people. While OBJ was single-handedly batlling the many cabals on all fronts, many of you were jeering and booing him. When yaradua came  to power, it took the cabala just 2 yrs to undue most of the laudfable achievements of OBJ. Most of you cowards were silent.
Today, an honest person has come to rebuild and once again, all am hearing are booos.

Nigeria needs 30 consecutive yrs of of at least 7% economic growth for us to glimpse any type eldorado. That is the sad fact.There are no miracles and no hail marys about that. I know you are all miracle crazed people. 30yrs of of honest commitment, discipline and some hardships to rebuild Nigeria into what awolowo and Zik dreamed of.

What we should demand, if necessary, by force  is honest commitment by those entrusted with tasks of rebuilding Nigeria. We know the corrupt leaders like Fani-Kayode. We should make life unbearable for them. That should be the Nigerian version of the Arab spring.

I agree with FFK on this one even though he is part of the problem. Subsidy removal might make sense on paper but it is THE LAZY WAY OUT of a big problem.  I will butress my point making a comparison of petroluem prices amongst major Oil producing companies

Nigeria - $0.9 per litre
Qatar - $0.22 per lire
Saudi - $0.16 per litre
UAE - $0.5 per litre
Algeria - $0.41 per litre
Brunei - $0.39 per litre
Egypt $0.31 per litre
Iran - $0.66 per litre
Iraq $0.38 per litre
Kuwait - $0.22 per litre
Libya - $0.17 per litre
Mexico - $0.77 per litre
Oman - $0.31 per litre
Russia - $0.91 per litre
USA - $0.83 per litre

Of the major oil producers in the world producers, Nigeria's cost per litre is now about the highest. Has the government thought about this trend and ask why is that the case. Simple, they are brainless and lazy. If Oil was being refined in Nigeria and sold, it would cost about =N=30 per litre but they would rather take the easy way out and remove subsidy. So they would not have to think about how to make out refineries work and run them efficiently. They would also not think about how to create an enabling environment to bring in foreign investors into the downstream industry who would build new refineries and run them professionally. Finally they are also thinking about their pockets. Subsidy removal means more money to steal

plaetton:

Fani-Kayode is a janus-faced professional Bottom-kisser with no personility. Only In Nigeria would a man facing charges of corruption make disparaging public statements on another person of impeccable integrity.
For those who criticising The finance minister, ask yourselves a few questions.

1. Is she in any way responsible for the exchange rate of the naira( a measure of a nations productive capacity)?

2. Is responsible for importing fuel, a product that we produce at the cheapest cost in world?

3. Is she responsible for the fact that our three refinaries are almost non-functional despite the fact we allocate up to $600 million per year for their maintenance?

4. Is she repeonsible for the fact that the crude iol allocated for domestic refinaries are unaccounted for and are diverted for sale by powerful individuals?

5. Is she responsible for the fact that a poor donor- recieving nation like Nigeria can burn $8 billion a year subsidizing a commodity that we carelessly burn while idling away on traffic jams?

The frustrations of Nigerians are very understandable. But if there is to be any revolution in Nigeria, we have to know who the enemies are. Nigeria are very very funny and difficult people. While OBJ was single-handedly batlling the many cabals on all fronts, many of you were jeering and booing him. When yaradua came to power, it took the cabala just 2 yrs to undue most of the laudfable achievements of OBJ. Most of you cowards were silent.
Today, an honest person has come to rebuild and once again, all am hearing are booos.

Nigeria needs 30 consecutive yrs of of at least 7% economic growth for us to glimpse any type eldorado. That is the sad fact.There are no miracles and no hail marys about that. I know you are all miracle crazed people. 30yrs of of honest commitment, discipline and some hardships to rebuild Nigeria into what awolowo and Zik dreamed of.

What we should demand, if necessary, by force is honest commitment by those entrusted with tasks of rebuilding Nigeria. We know the corrupt leaders like Fani-Kayode. We should make life unbearable for them. That should be the Nigerian version of the Arab spring.

You are blessed. The best write-up i've seen in ages

Unfortunately!!!! It is only in a country like Nigeria that people like FEMI FANI-KAYODE can still comment on public issues and be listened to after he and his cohorts looted Nigeria without any result during the obasanjo ero.

very soon, Bode George, Alameisigha, James Ibori, Andy Uba, etc will make comments too and we take them serious.

I support the protest because of the wrong timing not because it is evil to remove subsidy afterall, there was no subsidy all the while. we were just funding corruption and nobody protested.

have u wondered why senate and house of assembly are still playing hide and seek?

And you think she was so wise as to drag SANUSI LAMIDO SANUSI, the one quoted as the MOST INTELLIGENT MAN IN NIGERIA into buying the subsidy removal gist, Wake Up peeps. she's not bigger than Naija

Now we are talking technically, the finance minister was never the creator of this financial problems. The federal economic council is full of dunce. Remember when the president wants to appoint a minister he asked the state governor to nominate from his or her state. In this way no one get appointment on merit but nepotism so FEC is not equip with the best brains in Nigeria. No wonder there is not enough brain in the council to stir Nigeria ship. The president should  been allowed to appoint technocrats to help his government not governors who will appoint his brothers and cronies. I have always know they are heading for disaster this way. When the military were in power they appoint technocrats to help them run Nigeria. They mus therefore go back to basic. Please leave the finance minister alone, she is one of the very brains they have in FEC

@Kevincoll

The finance minister is not part of the problem I have always air my view on this forum that clever Nigerians in Diaspora are afraid to come back home to help the country in case they get killed. The finance minister was brave to come back for a second time. She is doing what is done everywhere in the world reform the economy for sustained growth. If fuel subsidy have become scare crow for thieves to milk Nigeria and the government feel they can’t control these parasites that they can pull the rug under their feet of these thieves by removing the subsidy then they should go ahead. I have always said the introduction of the removal was inept but how many brains do you have in government in which 99.9% of appointment is done by nepotism. Please stop making the finance minister the argument it will scare clever people in diaspora from coming back home to help.

Just what u wld expect @ a time such as this, let the blame games begins!!!!, but wait, any word 4rm the GENERALS ( obj/ibb/buhari) ??

@express555

The finance minister is not part of the problem I have always air my view on this forum that clever Nigerians in Diaspora are afraid to come back home to help the country in case they get killed. The finance minister was brave to come back for a second time. She is doing what is done everywhere in the world reform the economy for sustained growth. If fuel subsidy have become scare crow for thieves to milk Nigeria and the government feel they can’t control these parasites that they can pull the rug under their feet of these thieves by removing the subsidy then they should go ahead. I have always said the introduction of the removal was inept but how many brains do you have in government in which 99.9% of appointment is done by nepotism. Please stop making the finance minister the argument it will scare clever people in diaspora from coming back home to help.

U re sure ryt, i was just trying to buttress a point that She is not our problem, cos there are pple in the President's think tank who ofcos wouldnt buy into this removal stragedy. I think the whole process just needs to be reviewed and Nigerians carried along.

@ andyandy are you educated at all? don't you know the meaning of deregulation? Some of you are sponsored to be typing rubbish shall surely cry one day when your master are no longer in power.

Some of you da-fta does not know that Jona has already given absolute power to petrol cabal to do as like in terms of price. They will get more than when subsidy is in place because they can increase the price anytime they like. Forget about market forces when competition is not with only few players.

This government is just creating a landmark for total suffering for the masses because there is not sincerity in this subsidy removal policy. It's matter of time before their yansh go open

fani kayode made a point but was he a better minister?

@Battam

I don’t agree with your argument, the government will approve a fair price they must charge for petroleum products if they don’t like it they can bring their license back to be given to someone else. More so I believe the government have a master plan to regulate the importation of petroleum so everyone is free to import if they blackmail the government again. There are ranges of policies the government can use to control them

@jobste


Yeah he is a better minister make him the governor of Oshun state He will finish all you money to pay for his children school fee in London

Ngozi is NOT the problem

[size=30pt]OKONJO-IWEALA IS THE PROBLEM!!!
LET HER GO. JOIN IN THE CAMPAIGN.
SPREAD THE WORD, OKONJO IWEALA IS NOT IN TUNE WITH REALITIES OF THE NIGERIAN ECONOMY AS IT AFFECTS THE COMMON NIGERIAN.
IF SHE HAS ANY HONOUR, SHE SHOULD RESIGN NOW!!
http://www.facebook.com/pages/Ngozi-Okonjo-Iweala-should-Resign/256177191115466?sk=wall[/size]

plaetton:

Fani-Kayode is a janus-faced professional Bottom-kisser with no personility. Only In Nigeria would a man facing charges of corruption make disparaging public statements on another person of impeccable integrity.
For those who criticising  The finance minister, ask yourselves a few questions.

1. Is she in any way responsible for the exchange rate of the naira( a measure of a nations productive capacity)?

2. Is responsible for importing fuel, a product that we produce at the cheapest cost in world?

3. Is she responsible for the fact that our three refinaries are almost non-functional despite the fact we allocate up to $600 million per year for their maintenance?

4. Is she repeonsible for the fact that the crude iol allocated for domestic refinaries are unaccounted for and are diverted for sale by powerful individuals?

5. Is she responsible for the fact that a poor donor- recieving nation like Nigeria can burn $8 billion a year subsidizing a commodity that we carelessly burn while idling away on traffic jams?

The frustrations of Nigerians are very understandable. But if there is to be any revolution in Nigeria, we have to know who the enemies are. Nigeria are very very funny and difficult people. While OBJ was single-handedly batlling the many cabals on all fronts, many of you were jeering and booing him. When yaradua came  to power, it took the cabala just 2 yrs to undue most of the laudfable achievements of OBJ. Most of you cowards were silent.
Today, an honest person has come to rebuild and once again, all am hearing are booos.

Nigeria needs 30 consecutive yrs of of at least 7% economic growth for us to glimpse any type eldorado. That is the sad fact.There are no miracles and no hail marys about that. I know you are all miracle crazed people. 30yrs of of honest commitment, discipline and some hardships to rebuild Nigeria into what awolowo and Zik dreamed of.

What we should demand, if necessary, by force  is honest commitment by those entrusted with tasks of rebuilding Nigeria. We know the corrupt leaders like Fani-Kayode. We should make life unbearable for them. That should be the Nigerian version of the Arab spring.

and Okonjo Iweala is what?  what do you call a woman who agrees to hand over $35 billion of nigeria's foreign reserves in full and final settlement of a fictitious debt?

what do you call a woman who failed in her duty to defend the interests of her own nation by failing to negotiate for the complete cancellation of a fictitious debt?

how much money does america owe to china, japan and various  european nations? isnt it more than $3trillion - do you see america making any effort to part with such a gargantuan sum any time soon?

if america with a debt of $15 trillion can choose not to pay off its creditors why would nigeria a country where 70% of the populace live in abject poverty think it a good idea to pay a mind boggling $35 billion to foreign creditors in a space of just one year to its own supposed creditors? 

when buhari was in power why didnt he tow the same path?

this is the woman you praise.

a so called patriot who demanded that her salary be paid in foreign currency - is that the behaviour of someone who cares about the welfare of her people ?

i dont know much about Fani Kayode but the point is that most of what he says in his article is accurate.

I would advise you to check the history of the world bank and the IMF and find out how these two institutions have destroyed almost every single african economy that they have had any involvement with. 

In fact an american economist by the name of Joseph Stiglitz described the IMF as an organisation populated with third rate economists.

Okonjo Iweala is definitely one of them - why arent any american economists recommending the kind of economic reforms for their own economy that she recommends for nigeria?

Many of our people are overcome with inferiority whenver they hear that a person attended Yale, Oxford, Harvard or Cambridge -the question you should be asking yourself is who were those institutions set up to benefit?
were they set up to provide future african leaders who would build and develop their own economies or were they set up to provide future white supremacists who would carry on the racist and exploitative legacy of their ancestors.

Okonjo Iweala is an agent of neo colonialism - her role is to facilitate her western masters in the transfer of wealth from her own country into the coffers of her western masters - this is a work in progress -she started off with the so called debt repayment fiasco and now she's back to carry on the task that has been assigned to her - the repartriation of wealth from nigeria into the hands of the IMF, the world bank and the multi national corporations.

this fuel subsidy removal was one of the many conditions that the IMF stipulated in exchange for a reduction of our supposed debt - they are not even bothering to hide the fact that they were behind it from the beginning.

I therefore find it mindboggling when i hear people like you continuing to give this woman your support.

the western powers are only interested in ensuring that their puppets (Okonjo iweala, obasanjo and GEJ) create an economic environment that favours their multinational businesses and their banks.  they are not interested in creating an economy which favours the nigerian people.

As far as they are concerned nigeria's role is to continue to be a supplier of cheap raw materials and cheap labour.

why would any western power want you to become a competitor with them? for what purpose? don't you understand that the western powers - specifically america wants to retain its position in the world - why has it invaded and stolen the wealth of other countries for over 150 years? was it doign that for the fun of it?

to answer your questions

the IMF have already demanded that the naira be devalued and their loyal servant Sanusi (despite earlier protestations) is in the process of implementing this .
Okonjo Iweala may not be directly responsible for nigeria's decision to import fuel but she is part of the same corrupt and western controlled puppet govt - was nigeria importing fuel during buhari's tenure ?

she may not be responsible for the fact that our refineries have broken down but again she is part of the corrupt govt .  If she were an honest person she would have nothign to do with these bandits - but as far as she is concerned as long as she gets paid a quarter of a million dollars a year thats all that matters to her.

how do you know we spend $8 billion a year subsidising fuel - according to Professor Tam David WEst and General Buhari - nigeria has never subsidised fuel.

this fuel subsidy story may be just another scam to con nigerians into accepting a further plunge in their standard of living.

Fani- Kayode, is an AGIP, HE STOLE, LOOTED & MISMANAGED THE FEW OFFICE HE HELD, SO, HE HAS NO MORAL JUSTIFICATION TO CONDEMN IWEALA, HE SHOULD LOOK FOR ROUGES LIKE HIM IN THE CABINET & CRITICIZE THEM. I CAN ASSURE YOU THAT IF JONATHAN OFFER THIS COMMON THIEF A MINISTERIAL APPOINTMENT TOMORROW, HE WILL ACCEPT IT & CHANGE HIS TUNE. NGOZI IS NOT A HUNGRY POLITICIAN LIKE HIM,THAT MOVED FROM ONE MINISTRY TO THE OTHER, SIMPLY cos of PRIMITIVE ACQUISITION OF WEALTH. NGOZI, WAS THE FIRST PERSON TO RESIGN FROM MINISTERIAL APPOINTMENT in Nigeria, JUST as Chinua ACHEBE ,WAS THE FIRST TO REJECT NATIONAL HONOR, WHICH MADE THIS uncouth ROGUE, FANI-KAYODE, TO BE INSULTING ACHEBE. Fani-kayode, is moral bankrupt, & he should go and spend his loot. If Yar'adua had not reject all Obasanjo, boyz, maybe he would have been in INCUMBENT INFORMATION MINISTER TRYING TO MARKET SUBSIDY TO NIGERIANS.

Yes, Femi Fani-Kayode may have been part of the corrupt cabals that got us where we are today, and he have lots of other shortcomings as well, however he is a grownup who can still distinguish his right from his left.

So, to those of you who seem to want to derail this post because of tribal sentiments, I say criticize the message and not the messenger.

Why would Ngozi Okonjo-Iweala want to ruin her country?
Do you really believe she hates Nigeria? How can that be?

creserve:

Iweala was trained and re-trained by the IMF/WORLD BANK so their world view is her world view and as fani kayode has rightly observed she is well bred in the oyinbo ways and manners,as such, many including president looks up to her as a superior human being whose views are to be taken with utmost importance.During the obasonjo era,she endlessly told us of the virtues of the removal of the subsidy without any corresponding result until she was kicked out of the finance ministry by OBJ because of alleged CORRUPT ACT.We should expect nothing good from this woman

You are absolutely right. Just wish Nigerians would listen. I personally, I am not a fan of Kayode but when truth is spoken, I don't care whose mouth its coming out from, I just listen.

All Nigerians on this forum, please watch this video on youtube, link below. You don't have to watch the whole 10:24-minute clip, though I recommend watching the whole clip. However, if time is of the essence for you, simply fast forward to 05:45min and watch up until  7:01 min. You will be shocked and may have to rethink your view on one of our past leaders. This leader, I won't name his name but will let you watch the video and figure out for yourselves. He fought the IMF/World Bank  aka International banker with every fiber of his being and they came after hard. I will comment further after you all have watch it and see what you have to say.

Wish you all will understand the PEOPLE who control this world.


https://www.youtube.com/watch?v=jeW7QCVN8mw

I detest it when people seem to appear hollier than the pope.Fanikayode was part of the ochestra called obasanjo's regime, and earned the 'enviable name our son' as he stoutly defended obasanjos regime with south west interest in particular.Obasajo had the greatest opportunity to restore Nigeria but he derailed.Fanikayode was part of that in to to.He criss crossed three ministries under two years with a 17 billion fraud trailling him in his last position as minister for aviation.Awhopping 32 billion dollar debt was forgiven nigeria under Iweala's tenure.Few years after nigeria has 'recapitalized' her debt profile for nearly the same amount she was forgiven.In this present regime, the argument is that the government is broke, cannot run efficiently nor provide social services,since this government continued to encourage the culture of corruption at the same time wanting to run a government, the only option at cutting back major govt expenses was to remove the subsidy, Its a good idea, ut ill timed,,it could have come in pari pasue with the following; cut back in govt pay, trips expenses,legislators pay ,prosecution and recovery of loots, before sbsidy.If these were boldly and properly executed by GEJ, i think Fanikayode would be writting this from his well deserved jail cell.