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Nairaland Forum / Nairaland / General / Politics / Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy (16707 Views)
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Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Soskillud: 6:52pm On Oct 02, 2021 |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Omicron007: 6:53pm On Oct 02, 2021 |
R |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by bjdon: 6:54pm On Oct 02, 2021 |
This is the same man that gave Kano 100 million from CBN when he was 8n charge. He should stop playing mr holier than thou. 2 Likes |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by zombieHUNTER: 6:54pm On Oct 02, 2021 |
Folubaba: He's a two faced fool 2 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by joey150(m): 6:54pm On Oct 02, 2021 |
The only people subsidy favours are those rich enough to own a car, and more importantly and unfortunately, those that have licenses to import refined fuel. Nigerians have to realize that cheap fuel isn't in their interest and it comes at the expense of good road, good schools, power and other vital infrastructure. Worse, it furthers and establishes more and more corruption. Fuel prices will initially soar, but in the end they will settle and continue to drop. If we've sustained decades of brazen corruption, then let's for once suffer for a 'greater good.' Subsidy removal is definitely going to have far reaching consequences, but there's no easy fix to Nigeria's problem at this stage. Nigeria can be likened to a hopeless junkie. The only way out is a painful and long rehabilitation process. But, it'll be worth it if we persist. 4 Likes 2 Shares |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by ednut1(m): 6:54pm On Oct 02, 2021 |
budaatum:in benin and ghana it’s around that price. Subsidy is fueling corruption 3 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 6:55pm On Oct 02, 2021 |
Speaking on Arise News Channel, the former governor of the Central Bank of Nigeria also described as an assumption, the notion that Nigeria is an oil rich country. Nigerians did not hear in 2012, and are not hearing now. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 6:58pm On Oct 02, 2021 |
ednut1: That's the truth, and Benin and Ghana aren't richer than we are, and even have the same minimum wage self. You sell fuel at an unrealistic price, and pay a subsidy that does not cover the losses, and in addition to the corruption inherent there, there isn't enough profit to pay for better refineries, transport, etc...which fuels more corruption. Also, who wants to build refineries when at the end of the day you refine petrol, and sell it at a loss.? Because subsidy. But when you tell Nigerians, they abuse you, they call you 'Buhari supporter'. Well, in 2012, Buhari was not supporting subsidy removal, was he? I think we all love cheap stuff too much... 4 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by vedaxcool(m): 6:59pm On Oct 02, 2021 |
FreeStuffsNG: This is one of the most progressive posts ever made in nairaland chequered history. The Nigerians crying and moaning about hard life are the ones who enjoy the most of government impact. The rural dwellers are left to their devices and the elements. 2 Likes |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:01pm On Oct 02, 2021 |
Well said SLS |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by TenQ: 7:02pm On Oct 02, 2021 |
Islie:How many times will this scam government remove fuel subsidy? |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by IMAliyu(m): 7:03pm On Oct 02, 2021 |
If not for our epileptic power supply that hurts industries and production. The price of fuel would had remained rather inconsequential to our daily lives. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:03pm On Oct 02, 2021 |
mountmoriah: How I hope you are right. How about this woman? 1 Like
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Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by mandax: 7:04pm On Oct 02, 2021 |
Election time approaching. The most hardened northern irredentist and campaigner for presidency for north, has started to gear up once again. 2 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by daddytime(m): 7:08pm On Oct 02, 2021 |
Educative piece... |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:08pm On Oct 02, 2021 |
youngsahito:Has he not been part of the political system ever since? he is one of those that created this mess called Buhari. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by mandax: 7:11pm On Oct 02, 2021 |
budaatum: Lol. Ngozi Okonjo Iwualla should be successor to PMB if Nigeria is a country that uses its bests to steer the country. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by specialmati(m): 7:13pm On Oct 02, 2021 |
let me see any youth planing to vote any old thief come 2023 |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by iyke2frankeze: 7:15pm On Oct 02, 2021 |
Sanusi is a learned man |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by nzeobi(m): 7:20pm On Oct 02, 2021 |
budaatum: The man is a hypocrite that manipulates figures sometimes. He once said that the national assembly takes about 25% of the budget and when the national assembly confronted him with evidence though makarfi he apologized. Remember how he alledged money was missing from nnpc but kept on manipulating and adjusting the figure. You need to see his spending at CBN and Kano Emirates. Fact is that he is not different from those he criticize 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by justking(m): 7:20pm On Oct 02, 2021 |
God help my belove country. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by alphaNomega: 7:22pm On Oct 02, 2021 |
All these politicians, CBN governors inclusive, only shout subsidy is a fraud when they are out of office. The moment you let them in, they start observing table manners This present administration is the worst, they now call it "under recovery" 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by oyezmar: 7:22pm On Oct 02, 2021 |
This man with is relegation mode of dressing |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by RichAbujaGuy: 7:22pm On Oct 02, 2021 |
Yes we know, maybe Mr. Man should had pushed harder to abolish this Shell Oil/colonial master oil scam when he was in power. Imagine getting sacked from two very high positions in a matter of a few years. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by sulaak(m): 7:22pm On Oct 02, 2021 |
He should attack the Federal Minister of Petroleum and stop hiding. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by alphaNomega: 7:23pm On Oct 02, 2021 |
sulaak:Attack a corpse? |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by CUMIN: 7:24pm On Oct 02, 2021 |
chatinent: It's different from looting... they do do a legitimate job, and inflate the cost to get undue benefits. Looting is direct takeout without any transactions happening. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:25pm On Oct 02, 2021 |
IamNumeroUno: Sanusi back then supported subsidy removal...especially since he was CBN governor then, and had to back the government on policy. He always has supported subsidy removal. This is him back in 2012(Channels tv report April 15 2012) The governor of the Central Bank of Nigeria (CBN), Lamido Sanusi in an interview with Reuters on Friday in New York said that the current system of subsidizing fuel prices is unsustainable. 3 Likes |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by grandstar(m): 7:25pm On Oct 02, 2021 |
zombieHUNTER: There's nothing like "Yoruba Muslims". Yoruba is Yoruba. It's like saying "Igbo Catholics are the only good Igbos. That it's Igbo Anglicans that are bad. Igbo is Igbo. It's obvious you've not lived amongst Yoruba. Just live with them for 3 months and you'll understand 4 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:26pm On Oct 02, 2021 |
nzeobi: Are you suggesting Deziani did not steal Nigerian money, and that the national assembly does not share quite a lot of our money amongst themselves? If so, perhaps we should give the National Assembly occupants a pay rise. The former Chairman of the Senate Committee on Finance, Alhaji Ahmed Makarfi Wednesday told finance journalists in Abuja why the immediate past Minister of Petroleum Resources, Diezani Alison-Madueke was not indicted by the committee that investigated the unremitted $49.8bn revenue by the Nigerian National Petroleum Corporation. 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:27pm On Oct 02, 2021 |
alphaNomega: Even as CBN governor, SLS was pro-subsidy removal As quoted by Channels...from a 2012 report (note the date...it was after GEJ's attempt to remove subsidy and he was still CBN governor then) Channels Television 2 Likes |
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