₦airaland Forum

GEJ just got himself a liver transplant! HAHAHA

What business does the bank have with subsidy removal?

These are the little things that work against the masses. This proves true what someone posted yesterday:

« Quote from scribble on: 02-01-2012 at 04:18:35 PM »

I was headed to Araba's near Yaba and I saw a crowd swarming near a gutter, the crowd consisted of mostly Okada men and some youth that had been playing soccer. Some women watched from a distance. I drove closer and saw a man near the gutter, bleeding from the head and face, and I parked to see what had been happening, if the guy needed medical attention etc.

The crowd was chuckling and laughing and calling him a thief. Further inquiries led me to learn, he had stolen an okada and deserved the jungle justice.
I asked the crowd to leave him alone and let him be since he had already suffered enough. The man could not speak and was shaking, he had been beaten into the gutter, and his head and body wounds were obviously soon-to-be infected. He had been beaten into shock, planked in the head etc.

There were about 30-50 able bodied men present. After some stern faced pleading, they let the guy go, he could barely walk.

I then asked the crowd, why they would be beating this man instead of taking their protests to the filling stations in the neoghborhood that were selling fuel at close to N 150. They told me that its not like that, that they were afraid of government. When I asked why they do not beat thieving politicians like this and instead hail them and egg them on, they said politicians have strong medicine.

A lot of these guys were illiterate, Nigerians pour out their frustrations on the common man, whilst our real enemy, the thieving political elite, go scot free.

I predict that there will be increase in crime, murder etc as a result of this fuel hike.
I do not see any real protests happening as a result of the ike. Nigerians are lazy and selfish and would rather #occupykfc #occupysilverbird #occupyshoprite #occupybrothels #occupyfemalehostels #occupyRehab #occupyautolounge #occupyNairaland #occupysaharareporters

https://www.nairaland.com/nigeria/topic-837158.64.html#msg9880627

adegeorge:
1:20pm

The protesters were said to have assembled early in the morning at Emir's road and started by burning tyres. They then proceeded into other parts of the town and continued at Post office road. They vandalised a petrol station, MRS, damaging cars and other properties belonging to the station.

The protesters also attacked a Sterling Bank branch within the vicinity, burning a Hilux bus belonging to the bank and two cars belonging to staff of the bank.

While the police were trying to control the crowd, a shot was fired which felled the victim.

Are these protesters or criminals disguising as protesters

Take a look at the members of the board and tell me labor is not part of the game plan. I dey laff o.

Most people cannot even make a reasonable response to the poster. All they do is hurl insults around. It is easier to insult than to reason.

Quote from scribble:
[Quote]
I was headed to Araba's near Yaba and I saw a crowd swarming near a gutter, the crowd consisted of mostly Okada men and some youth that had been playing soccer. Some women watched from a distance. I drove closer and saw a man near the gutter, bleeding from the head and face, and I parked to see what had been happening, if the guy needed medical attention etc.

The crowd was chuckling and laughing and calling him a thief. Further inquiries led me to learn, he had stolen an okada and deserved the jungle justice.
I asked the crowd to leave him alone and let him be since he had already suffered enough. The man could not speak and was shaking, he had been beaten into the gutter, and his head and body wounds were obviously soon-to-be infected. He had been beaten into shock, planked in the head etc.

There were about 30-50 able bodied men present. After some stern faced pleading, they let the guy go, he could barely walk.

I then asked the crowd, why they would be beating this man instead of taking their protests to the filling stations in the neoghborhood that were selling fuel at close to N 150. They told me that its not like that, that they were afraid of government. When I asked why they do not beat thieving politicians like this and instead hail them and egg them on, they said politicians have strong medicine.

A lot of these guys were illiterate, Nigerians pour out their frustrations on the common man, whilst our real enemy, the thieving political elite, go scot free.

I predict that there will be increase in crime, murder etc as a result of this fuel hike.
I do not see any real protests happening as a result of the ike. Nigerians are lazy and selfish and would rather #occupykfc #occupysilverbird #occupyshoprite #occupybrothels #occupyfemalehostels #occupyRehab #occupyautolounge #occupyNairaland #occupysaharareporters [/Quote]

This is the post of the day! (Though I don't agree with everything.)

Supported. The business of politics is too lucrative. That's part of the reason we don't get individuals who are truly committed in government. I'm not saying "poorer politicians" will perform better anyway but that leadership should be seen as an opportunity to serve and not to make money.

@Lagbaja, Very insightful posts you have here. The FG has made a bold move that will help stabilize our economy in a number of ways. People were bound to react the way they did. The accompanying "emotional outpour" is inevitable. Every policy has its pros and cons. Of course people will not like the cons especially as the pros are mainly on the macro scale.

I agree with you that the consequences of the subsidy removal are tough. It has indeed brought pains to the masses. I have always likened it to swallowing a bitter pill. That cannot be denied. However, in order to provide some relief, I suggest the following:

1. Reducing cost of governance as many have suggested, Increase taxes on income of the rich and reduce taxes / increase wages for the lower income earners.

2. Roll out a robust government assisted transport service asap pending when rail services go full throttle.

3. Educate the populace on ways by which they can reduce energy consumption and hence reduce spending on fuels.

4. Accelerate infrastructural development esp in the areas of transport (road, rail, etc) and power.

On a larger scale, the govt can stimulate development of the agric sector, etc. Private investors can begin to think of alternatives like biodiesel, solar, wind etc. This has the potential of not only reducing dependence on petroleum derivatives but also creating jobs.

A big plus for Nigeria. Pop something!

Thanks once again evil brain, I'm flattered!

Concerning the issue of details of the palliative measures, many of you erroneously believe no one has the details. I can assure you (just like the case of FOI) that all key stakeholders including the labor unions have the info. The only thing is that it takes time for those in the larger society to know. Most of us only get our info from what the pages of the newspapers and other media. As I said earlier, this will become clearer in the next few days.

Well done dmainboss. I'm happy there are still people like you around who can step outside the crowd enough to educate them.

It is always easier to protest and scream than to reason and strategize.

I love Okonjo Iweala. The first assignment I gave her here on NL was to remove the wasteful subsidy. . . And she has nailed it!

In the next few days, I believe the "shock absorbers" that are being or have been put in place will be revealed in greater detail.

The master planners of this transition have it all worked out. My only fear is that we (the citizens) may drag our feet for too long before getting on the bus for good.

If ACN had won, they would have removed subsidy within 1 week of election!

dmainboss:
honestly, if i were GEJ, I would just look for a way to disintegrate Nigeria. All of you ranting here come from states that contribute nada to the rest of us. pathetic. and you want to enjoy subsidy. sad. And your states have the largest number of local governments and overheads.

@ dmainboss, you struck gold with this post!

Everyone is seeking free "manna" from the FG but it's directly at the cost of the oil producing states. Funny enough these other states also have resources from which energy and income can be derived. They've been lazy all along. I wish they could learn from a state like Lagos and start looking inwards.

@Evil brain, from your last reply to me, if you say I'm dumb like Okonjo Iweala, I will take it as a complement. It's really flattering to me. Hahaha.

@Evil brain, fortunately for me and unfortunately for you, I don't do insults so I'll just skip that part and go to the meat.

Ask our neighbors the Ghanians. They have been able to actively recognize the impact of energy efficiency on energy utilization. More on this later.

Ok @sheyguy. I also know a bit about that. I'll include that in my "lecture"

If only we could focus all our brain power and physical energy into developing means by which we can get the full benefit of the removal of subsidy, it would have been better. Even if the FG rolls back the plan due to widespread rejection of the policy, we will get to a point where neither the govt nor the people can make any further progress.

We have been clamoring for "Rapid Change", "Quick fix" etc. This move is one key ingredient that guarantees that. Ask the ingot, quenching hurts really bad but the metal comes out more hardened!

@ Sheyguy, do you mean power generation?

Did you know that research has shown that fuel subsidies discourage the development of energy efficient systems? When heads cool down a bit, I will give a little online lecture on "Energy Utilization and Energy Efficiency".

Activism is good but I prefer to be a part of those who make real impact in issues like this.

There is a world of difference between subsidizing by directly injecting money to suppress price AND reducing VAT on goods / services. In the first case, the government has to make a cash out. In the latter case, the government gets some money but only reduces the amount it gets. I.e. Only the tax is subsidized. Can you really qualify that as subsidy? It's like buying items and getting your tax free as a tourist. Will you also call that subsidy? The government doesn't have to pay anyone any money. That's all!

Our case was just pathetic - jetting out billions of scarce resources without focus or direction. It's just like throwing money on the street and keeping people as beggars for life. The government has by this switched from giving the populace fish to teaching them how to fish. Many may not believe the "teaching them how to fish" part due to distrust for government. you can't blame anyone for not believing the govt because we've been mal-treated for ages. It is no longer an issue of promises but of tangible results. We'll see about that by the end of 2012.

In all my years of existence, I've never seen a painless injection. Lol.

Nigeria can never be completely islamized. The "concrete" is set already. It will rather break into pieces.

Congratulations all, we finally got it right for once. A new Nigeria is born.

NO PAIN, NO GAIN.

Congratulations Nigeria. Now the govt has to focus on power, agriculture and transportation.

Best move since the onset of democracy. Next on the agenda: Power sector.

Nicely done.

Newsflash for those who said GEJ has no liver: GEJ has got himself a liver transplant! Lol

The announcement timing was planned in such a way as to prevent hoarding in December. Smart guys up there I tell ya!

How much is the new pump price?