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Nairaland Forum / Nairaland / General / Politics / Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria (17886 Views)
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Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 6:17pm On Jan 06, 2012 |
Living in a rural Georgia town perhaps clouds your understanding of the issues confronting Nigeria. Another example of ignorance, calling Lithonia a rural part of Georgia, enough of your glaring misguidance, and talking about predicaments, how much have you contributed to the Nigerian economy? You made reference to someone earning 20,000 naira per month, why didn't such a person protest the condition of the refineries or the fact that there's too much corruption, why wait till it hits home before doing something? The answer is simple, most Nigerians are guided by this simple philosophy: If it doesn't affect me, then wetin come be my own. A philosophy that got us to this very predicament, why must we wait till the removal of fuel subsidy before protesting, we watched the government continue to steal billions of naira and infrastructure and basic ammenities such as electricity and security dwindle down, nobody said anything but now because everyone is hooked on fuel, there's an uproar! Nigeria is one messed up country and unless true deregulation happens, it will continue to be an hell hole for the poor and a fountain of wealth for the rich, the choice is yours, support deregulation or continue with the way things have been for the past few decades, no infrastructure, no stable form of electricity and definitely no security, enough said! |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by AjanleKoko: 8:50pm On Jan 06, 2012 |
^^ Be quiet, little one |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by Image123(m): 9:12pm On Jan 06, 2012 |
abbey621:Ever heard the phrase 'pushed to the wall'? It seems the populace has been pushed to the wall, and are 'fighting' back, or about to as it were. It's a poor arguement to keep asking "why didn't you fight all this while that you were pushed, why fight when you got to the wall?". Trust seems the main issue here, the government has lost trust. There's no guarantee that the 'subsidy money' would be rightly used as proposed on paper. Security issues, naira drop, bad roads, poor electricity, open bribe&corruption, reckless power play etc have created a sort of boiling point. Do you now understand? |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by 989900: 9:48pm On Jan 06, 2012 |
Ever heard the phrase 'pushed to the wall'? It seems the populace has been pushed to the wall, and are 'fighting' back, or about to as it were. It's a poor arguement to keep asking "why didn't you fight all this while that you were pushed, why fight when you got to the wall?". Trust seems the main issue here, the government has lost trust. There's no guarantee that the 'subsidy money' would be rightly used as proposed on paper. Security issues, naira drop, bad roads, poor electricity, open bribe&corruption, reckless power play etc have created a sort of boiling point. Do you now understand? Thanx bro. Looks like our friend in Georgia's not been home for sometime. Though I'll agree with him on some very important issues he did raise (and of course, WE ARE ALL CULPRIT). Some issues for another day's discussion. Right now we have to stay focused. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 9:51pm On Jan 06, 2012 |
Ever heard the phrase 'pushed to the wall'? It seems the populace has been pushed to the wall, and are 'fighting' back, or about to as it were. It's a poor arguement to keep asking "why didn't you fight all this while that you were pushed, why fight when you got to the wall?". Trust seems the main issue here, the government has lost trust. There's no guarantee that the 'subsidy money' would be rightly used as proposed on paper. Security issues, naira drop, bad roads, poor electricity, open bribe&corruption, reckless power play etc have created a sort of boiling point. Do you now understand? You make a good point! Trust is the main factor, I pity GEJ because he's really trying to do the right thing but the lack of trust between the populace and the government is what's fueling this chaos! I was never a supporter of GEJ and personally I feel like he's too soft but looking at things from the economical point of view,removal of fuel subsidy makes sense, I just wish there was a way that he could lessen the hardship like regulating the price back to 100 naira instead of 140. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by 989900: 10:18pm On Jan 06, 2012 |
Lets get this clear, I am not in support of the way the fuel subsidy was removed. I think that the government had better options (eg cutting waste first starting with the N1billion food bill etc). But that doesn't mean that Nigerians should be MISLED by ANY side. The truth is, for Citizens of countries like Saudi, Qatar, Kuwait (GCC in general and yes Saudi does have a minimum wage structure for public sector which is $800) the minimum wage is over 120,000 for most of them (recently though in countries like Qatar and some others, the goverment just announced a 60% increase in salaries). For foreigners (P.residents, mostly indians) it could be as low as $200 for maids and labourers. However, in most if not all cases for labourers and maids, housing (not so comfy in some cases), feeding, full health cover and transportation are all been catered for. Plus other few irrelevant pluses, tax free and all. I visit these countries frequently and this info is official +street info, you can count on it. N.B double standards apply in gulf countries in terms of pay. Citizens do earn a lot higher than residents who are foreigners regardless of qualification especially in government employment. And most citizens have access to many other benefits including long term almost no interest loans. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by occam(m): 10:29pm On Jan 06, 2012 |
abbey621: I suggest you get off your soapbox and discuss the key issues about this oil subsidy: Issue 1: [/b]Govt asserts that [b]some [/b]of the N1.4 trillion spent on oil subsidy is lost due to corrupt practices in the subsidy regime. Why not go after these corrupt minority instead of passing the cost on the vast majority. A responsible government will act in the best interest of the masses and not shield their corrupt buddies in the oil industry. Some petroleum experts and economist still dispute the number put forward by Iweala. [b]Issue 2: Increasing petrol pump prices will not yield tangible benefits as long as supply bottlenecks (decaying infrastructure, bad roads, lack of power etc) persist within the economy. This is a very counter productive move. Issue 3: Nigerians do not trust this government to spend any money saved wisely. Anyone that seriously believes this government to act prudently is surely living in cloud cuckoo land. Besides, most of the contracts for projects will be awarded to their thieving buddies. Issue 4: This government does not understand the real impact of petrol price increase on the economy. Did they undertake any assessment of its the impact on overall economic activity and living standard of Nigerians? Sanusi & Iweala (Nigeria's economic brain trust) claim that subsidy benefits mainly the middle class driving jeeps around Lagos. Really? |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 1:44am On Jan 07, 2012 |
I suggest you get off your soapbox and discuss the key issues about this oil subsidy: My friend, now who's choking on the soapbox! You want the government to go after corruption, not knowing that the government itself is corrupt. GEJ is just one man, and in order to really fight corruption, he cannot go after those you talk about because they have the power to impeach him rather he can take away the wastage bits by bits by deregulating everything. Deregulation is the only way to fight corruption in a country like Nigeria, if you doubt that, then ask why EFCC didn't work out, the truth is that corruption is too deep in Nigeria and no civilian government can do anything to wipe it out but they can put in place measures that gives the people joy in the long run. My advice is that most Nigerians should stop thinking about now and start thinking ahead, if deregulation had happened like it was supposed to during the OBJ administration then we would all be enjoying the benefits now. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by aljharem(m): 2:18am On Jan 07, 2012 |
abbey621: it seems after all the talk, shouting, teaching, lecture, protest, educating, directing, talking, etc people are doing, you still don't know why people are angry 1. Yes the system/ government is corrupt. In fact the country is socked in corruption 2. Yes subsidy has to go and everyone supports the FG for that 3. Before the removal of subsidy, build our refinery so we would not have this same issue in the future 4. proper security on our borders so smugglers aka the benefit thieves would not smuggle oil 5. Before removal of subsidy , CUT THE COST OF GOVERANCE. An average senator in Nigeria collects more than Obama the american president. 6. Now remove subsidy. Other things people are protesting for because it was a build up of anger since 1970 and this was the opportunity for a revolution are 1. protest against corruption and the arrest of these people 2. protest against boko haram and killing of Christians/igbos 3. protest against the NEGLIGENT of the Niger-delta Now what is the point of thinking ahead when there is still corruption and non-accountability in the government ? What is the point of thinking ahead when the next administration would tell us about removal of subsidy again ? IS THINKING AHEAD NOT BUILDING OF REFINERIES ? or you think people are stu.pid ? Is thinking ahead not protesting against corruption ? My advice for you is to just keep shut if you are confused to what people are protesting against or don't know what to say. thanks Your sort of mentality is the reason why Nigeria is still where it is today. No light, No security, No shelter, No good roads, No good water, No refinery even though we are oil producing, Total neglect of infrastructure, Total neglect of the Niger-delta, Total neglect of the Niger bridge, Total neglect of people dying in the North, Lack of accountability, Lack of credibility, Lack of industrial growth apart from Oil which the entire country is dependant on, Lack of economic growth apart from the telecommunication sector by OBJ |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 2:58am On Jan 07, 2012 |
Your sort of mentality is the reason why Nigeria is still where it is today. No light, No security, No shelter, No good roads, No good water, No refinery even though we are oil producing, Total neglect of infrastructure, Total neglect of the Niger-delta, Total neglect of the Niger bridge, Total neglect of people dying in the North, Lack of accountability, Lack of credibility, Lack of industrial growth apart from Oil which the entire country is dependant on, Lack of economic growth apart from the telecommunication sector by OBJ You sir make me laugh! You want to enjoy everything without risking anything, you're just like the rest of the protesters who waited till the removal of subsidy before making a sound, it's pathetic and at the same thing funny, I suggest you and the other protesters get your stories straight, if you're going to fight corruption fight corruption and if you're going to fight deregulation, then fight deregulation, stop mixing things up! If you really want to change things, and behave like the Arab uprising, set yourself on fire and let's get the ball rolling, talk is cheap either you go fully in or get off the road. You want the government to build refineries and slash their salaries before actually deregulating several sectors that would into lead to more healthy competitions and greater productivity, what you sir are asking for is the impossible! The Nigerian government that we all know so well has never slashed its salaries and the issue of refineries is being choked by greedy politicians and businessmen who thrive on subsidy and the importation of generators, GEJ is not stupid, he knows that in order to actually accomplish anything during his administration, he must effect change that is hard on the population as a whole but which will eventually lead them to greater benefits instead of tackling corruption which won't do anything but cause more confusion and wastage, if you and the other protesters can't see that, then it's too bad. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by wale1975(m): 11:11am On Jan 07, 2012 |
goggs: You're damn wrong my friend! There is nothing wrong with this statistics. I work and reside in Kuwait as i type this. The minimum wage for Kuwaitis is 350 Kuwaiti Dinnar per month and if you check it out, that is equivalent to =N=191, 631. And it will interest you to note that no Kuwaiti pays for housing, electricity, or water. They're all provided by the government and that also goes for other GCC countries. Ask those who resides in these countries before you conclude that those statistics and incorrect and misleading, please. Don't distort facts! |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by 4Play(m): 11:19am On Jan 07, 2012 |
Nigeria is not Kuwait. Kuwait is a country of 3.5m people that produces 2.8m barrels a day. Nigeria is a country of 160m that produces about 2.2m barrels a day. We cannot by any stretch of the imagination afford the things Kuwait can. It is an apples to oranges comparison, same applies to many of the OPEC countries on that list. |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by aljharem(m): 1:33pm On Jan 07, 2012 |
abbey621: Dude, you sit in america dictating what the people should do ? Abeg, if you do not know you right, why not keep quite and allow people who know their rights to fight for their right ? Ok ! thanks |
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by AjanleKoko: 6:08pm On Jan 07, 2012 |
abbey621: Go back to your Netflix and TiVo, child. HUSH. |
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