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Nairaland Forum / Nairaland / General / Politics / Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy (16727 Views)
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Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:29pm On Oct 02, 2021 |
anorexicmuster: Do we need to read what you posted for you so you can understand what you posted? 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. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:31pm On Oct 02, 2021 |
budaatum: Yes, back then he backed the complete removal of subsidies on petrol(which went further than government partial removal). And yes, it made sense then, and sense now. I was using the article to respond to those who seem to think he is backing subsidy removal now....when he has a record of backing it from far back. And yes, subsidies are not sustainable. For it to be sustainable, the cost of production has to be static, as well as a lot of people's salaries, and the cost of living. 3 Likes 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:33pm On Oct 02, 2021 |
anorexicmuster: Sorry. I must have misunderstood. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Nobody: 7:34pm On Oct 02, 2021 |
budaatum: No problem. Subsidy removal is a touchy subject in this country. 1 Like 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by mountmoriah(m): 7:39pm On Oct 02, 2021 |
budaatum:which one? |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:43pm On Oct 02, 2021 |
mountmoriah: This one.
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Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:45pm On Oct 02, 2021 |
anorexicmuster: We like cheap things but don't realise how it ruins us. https://www.nairaland.com/6782955/mohammed-monguno-sponsors-bill-compel/1#106380738 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Gaddaffi121(m): 7:48pm On Oct 02, 2021 |
Buhari said the same thing. This man is part of the problem. Nigerians have short memory. Open ur eyes guys. This guy has started campaigning. 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Toosure70: 7:52pm On Oct 02, 2021 |
youngsahito:need what, #SOUTHNEXT# |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Perfectbeing(m): 7:52pm On Oct 02, 2021 |
The problem with many of our leaders is they don't explain things clearly to the lay man. How would you try to remove fuel subsidy without explaining to the layman that even though he will pay more for fuel, in the long run, the government would have enough money to build/renovate refineries and upgrade our schools/universities and they will see the advantage in say 3 or 4 years. You just wake up one day and say you wanna remove fuel subsidy.. Even though people like me who understands why subsidy should be removed, the market woman would only think removing subsidy is anti people and they'll fight against it.. Buhari should just totally remove fuel subsidy once and for all. No need to fear inflation as inflation is already occurring, subsidy or not.. 1 Like 1 Share |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 7:54pm On Oct 02, 2021 |
Gaddaffi121: Campaigning for what exactly? Don't you think he's aware his own people would be against him for calling for the education of women? A former Central Bank of Nigeria (CBN) Governor, Lamido Sanusi is canvassing for the education of the girl-child and believes it is the ‘silver bullet’ to eradicating poverty in Nigeria. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Ukeme8: 7:57pm On Oct 02, 2021 |
A northerner with sense. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by nzeobi(m): 8:00pm On Oct 02, 2021 |
budaatum: If as an accountant he keeps playing with figures then something is wrong. Another party is in government so why are we not hearing of the money again. If you meet him ask him for evidence. Things are not alright in Nigeria but he's not in anyway different from those he criticize just that Nigerians are always emotional |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 8:06pm On Oct 02, 2021 |
nzeobi: Are you accusing yourself of being emotional because you are Nigerian? Tell her to come home and lets see if you will hear about the money! The Federal High Court in Abuja, on Wednesday, adjourned the corruption case involving a former Minister of Petroleum Resources, Diezani Alison-Madueke, who is believed to be in the United Kingdom (U.K)
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Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by ofiko123(m): 8:12pm On Oct 02, 2021 |
May God help and save Nigeria... |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by murmee: 8:26pm On Oct 02, 2021 |
ednut1:Why is he not focusing on refining our petrol locally. Why should we have something and be importing it and make people pay unnecessary exorbitant price buy it. It certainly doesn't make sense! |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by ednut1(m): 8:38pm On Oct 02, 2021 |
murmee:the refineries have collapsed since the 1990s. As you can see from dangote refinery its not that easy 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by charlsecy(m): 8:50pm On Oct 02, 2021 |
Emmanuelcann: chatinent:you didn't see the part We are throwing away millions of dollars in this scam called subsidy. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by kedeojo(m): 9:13pm On Oct 02, 2021 |
anorexicmuster:Exactly. subsidy can not be sustained forever. when petroleum sold high under Gej, that could have been the perfect time to stop subsidy and fix the refineries, which will later in the long run, reduce the price when deregulated. we lack visionary leaders since 1960 till now. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by TruthinAction: 9:27pm On Oct 02, 2021 |
Let's insist on electronic voting so we can successfully vote these wicked leaders out of power. Otherwise, they will rig the election and continue with their wickedness. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 9:37pm On Oct 02, 2021 |
kedeojo: Instead, we all know what they did with all the money earned when crude oil was $150 a barrel. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by BabaRamota1980: 9:39pm On Oct 02, 2021 |
budaatum:You are devoid of truth, if Sanusi's rhetorics can serve as a truth in your spirit. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Benbellamor: 9:42pm On Oct 02, 2021 |
FreeStuffsNG: God bless you When a Fulani man try to join issues with you...watch your back..... Sanusi is just like Ali Ndume .....Emir of Sokoto ....And sheik Gumi....they can't be trusted ....in fact do a massive research on their character.... And you will realized how UNSTABLE they're... 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by budaatum: 9:53pm On Oct 02, 2021 |
BabaRamota1980: What does not agree with you seems devoid of truth. Thankfully, we all have brains in our heads and can see for ourselves what is true. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Crofton: 9:58pm On Oct 02, 2021 |
IamNumeroUno: Sanusi was not part of the protest. |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Ghostmode2two(m): 10:06pm On Oct 02, 2021 |
They are not throwing the raw dollars in the refuse dump rather they are stealing them into their individual forweign bank accounts of which you Sanusi is benefiting from |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by BabaRamota1980: 10:12pm On Oct 02, 2021 |
budaatum: Sanusi has never been a source or an advocate for truth. He seeks self glory, period! |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Yoighaman(m): 10:21pm On Oct 02, 2021 |
ednut1: Nigerians will buy even at N500...We would just shout for some time and keep quiet, but then, it would be for our own good on the long run and we would be better for it as a nation. 1 Like |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Lugianostar(m): 10:30pm On Oct 02, 2021 |
Sanusi or whatever you call yourself? Be warned |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Bigchristo: 10:59pm On Oct 02, 2021 |
budaatum:Don’t be fooled he is being projected as presidential candidate, why didn’t you hear his voice since? Just wait and see him emerge as one of the flag bearer of political party, removing him as Emir is a calculated move for 2023 election |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by Deering1008: 11:44pm On Oct 02, 2021 |
youngsahito:Buhari talk pass that prior to 2015 election.. Where are we now? It’s like we Nigerians don’t have a memory |
Re: Sanusi: Nigeria Throwing Away Millions Of Dollars In The Scam Called Subsidy by OutisComputers7: 11:50pm On Oct 02, 2021 |
ednut1:if we had a working Refinary we won't buy girl at that rate since we have Oil.. we should stop exporting crude oil and sell the refiner product and make more money but it leaders will rather sell us short with their lack of vision |
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