₦airaland Forum

thomasjoe1:
Nigerian Politics is getting more shameless
Its a big shame, some E rats will dig up this story from last year January ( just to overheat the Polity and cause more confusion)..............
Make una continue ..........! After Feb 14 .......it will be between you and your conscience

TRUTHTELA:
Why is it that majority of those that are opposing Jonathan's relection are christians from the Southern part of Nigeria. The North, just sit back and watch you guys destroy one of your own politically.

What's behind this huge opposition and uprising against Jonathan from the South and Christians ?

t2luv1:
Oya Je kin educate e: Removing the subsidy will really let the market decide the actual cost of the product. Right now nobody really know the true cost of bringing the product into the country. I am a firm believer in free market system. This current set up allows for corruption because there is no transparency. The importer operates in an environment where there are no risk involve in what they are doing, because the subsidy automatically guarantees them huge returns on their investment. The essence of a free market economy is base solely on risk and reward. Why should the government intervene in the en devour.

Mynd44:
Wrong.

I support removal of subsidy but inna country like Nigeria where public officers are not know for being accountable, I suggested it was continued and the reason is simple. The subsidy is the only way the people fells like the government is doing anything reasonable for them.

When the subsidy was removed(even partially), how has the money affected the people? What has changed? What has happened to the money saved?

How has the money affected the man on the street? We were told there will be palliatives and some silly buses where are they? Have you rode one before? Do you know someone who has?

If the money saved form the partial removal was used to fix just one refinery it would have been better. What has been done with the money?

Throughout the oil boom of last year what was done with the excess funds? Did we build or fix our refineries? Did we use the money to fix our power supply or make our society more secured.

The subsidy removal will have no effect on Nigerians due to corruption so why not just leave it as it was the only way it would benefit the common man. That is economics a government should look at not some economic theory that will end up a failure

GoldCircle:
Coming from the nation newspaper owned by Jagaban. A source, a source and another senior source. How did this make the front page btw?

I'm beginning to suspect that Nairaland and her moderators are sympathetic to a particular party/candidate.

otunbakolawole:
As an economist, I favour deregulation. What we lack in Nigeria is a good refining capacity. The demand is there. Deregulate it fully and the investors will come. Subsidies are reversed taxes, subsidy has to be neutral, subsidy has to be fair. In Nigeria, it's not. The subsidy practice here in Nigeria is for the rich, not the poor. Also, subsidy create barriers, do away with it, or it will do away with us like it's currently doing.

egift:
The major problem with the Subsidy is Corruption. The inflated figure and it is a channel of looting money. In some case the Fuel were not imported, yet payments were made.

Furthermore, if our refineries are working and local consumptions are met, we will not have any need to import let alone subsidy payment.

Vote GMB to correct this mess and stop the waste of resources in funding Corruption.

Mynd44:
There are too many Harvard trained economists in Nigeria who want to bring foreign economic theories which were fashioned in places that is not Nigeria. Our economic policy must be suited for us. We have to find a way to tweak then to suit Nigerian and not say because it worked in America, it will work here. That is false. If we should borrow economic policies, lets borrow from nations that have similar problems.

Our when coming up with policies, people who actually live in Nigeria, do business in Nigeria and walk the streets with Nigerians should be part of the think tank

Japhet04:
[/b] who is this faceless fool [b]

vanunu:
I know that u are one of those who objected to subsidy removal. At times I wonder the kind of school u people went to.

clevvermind:
Jonathan will understand the plight of the youth better than buhari. Let the igbo massively support Jonathan.

Firefire:
Some Nigerians post here in defense of anything just to show support for a dictator.

Check some posts up there and see that Nigeria have a long way to go - SMH

Politics of bitterness. How can someone open his or her eyes to defend Dele Momodu for this act ?

Where is the freedom of speech preached by Goodluck Jonathan and democracy ?

Continue, e o ba eru yin ni bo de. Nonsense.

kepal99:
I was expecting that from some peeps. U dnt have to display your animalistic nature here. Its actually not mandatory U say smthing. Sweep yaslf away from this thread.

EUROBOMBER:
As bitter as your useless life and existence, may your life always be bitter you waste of space. Rotten maggot!

EUROBOMBER:
Shift go one side you tree-to-tree jumping chimp.

Albaniy:
since you resort to name calling i think i know where the problem lies, this is the result of bad home training, kinldy drop your parents phone no i need to advice them.