Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,851 members, 7,813,896 topics. Date: Tuesday, 30 April 2024 at 08:56 PM

Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy (10231 Views)

Ahmed Lawan: Buhari In A Hurry To Develop Nigeria / Ahmed Lawan: Buhari Diversified The Economy More Than Any Previous Leader / Ahmad Lawan: Buhari Will Be Challenged Under Me – Senate President Vows (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by BeeBeeOoh(m): 11:07pm On Jan 18, 2022
Senate President Ahmad Lawan says President Muhammadu Buhari did not direct the removal of petrol subsidy.

Speaking with reporters after a meeting with Buhari at the Aso Rock villa on Tuesday, Lawan said many citizens are concerned about the plan of the federal government to remove subsidies.

“Well, it will be of interest to Nigerians to hear what I’ve come to discuss with Mr. President, among several other things,” the senate president said.

“Many of us are very concerned with the recent agitations, protests, and many citizens were so concerned, our constituents across the country are very concerned that the federal government will remove the petroleum subsidy. And for us, as parliamentarians, as legislators representing the people of Nigeria, this must be of interest to us.

“We have just finished our recess, we have gone home to our constituencies and senatorial districts. And we felt the pulse of our people.

“I found it necessary to visit Mr. President, as the leader of our government and our leader in the country, to discuss this particular issue of concern to Nigerians, and I’m happy to inform Nigerians that Mr President never told anyone that the petroleum subsidy should be removed.”

The senate president said the position of Buhari is different from the position of Zainab Ahmed, minister of finance, budget and national planning.

In October, the finance minister said the federal government would only cater for subsidies on petrol in the first six months of 2022.

“In our 2022 budget, we only factored in subsidies for the first half of the year; the second half of the year, we are looking at complete deregulation of the sector, saving foreign exchange and potentially earning more from the oil and gas industry,” Ahmed had said.

She had said the federal government would provide a N5,000 transportation grant to poor Nigerians to cushion the effects of subsidy removal.

https://www.thecable.ng/lawan-buhari-did-not-direct-removal-of-petrol-subsidy/amp

1 Like 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by tempest01(m): 11:20pm On Jan 18, 2022
They won't remove fuel subsidy now. They will "hope" to rig win 2023 elections first. Immediately afterwards, una go see shege.

48 Likes 3 Shares

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by JAMO4REAL1(m): 11:22pm On Jan 18, 2022
Confused leader always lie lie lie APC is lie party no direction

14 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by NwaNimo1(m): 11:23pm On Jan 18, 2022

4 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Racoon(m): 11:28pm On Jan 18, 2022
See the terrible discordance in a clueless govt. President talking his own and finance minister talking her own.Meanwhile, these crooks are still shamelessly talking about removing subsidy after more than 6 years?

17 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Hotmoon: 3:39am On Jan 19, 2022
Thats crazy

See my siggy

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by weblord1900: 3:39am On Jan 19, 2022
She had said the federal government would provide a N5,000 transportation grant to poor Nigerians to cushion the effects of subsidy removal.

First they shared 20k but them no gimme kissEverything they have been doing for poor Nigerians I never received a penny or do I look rich to them undecided
Imagine at 3:45am I'm still commenting on nairaland. Thinking about how tomorrow go be angry Can't sleep, so many things on my mind. it shall be alright one day

19 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by jlinkd78(m): 3:41am On Jan 19, 2022
Then what did he direct because d Buhari I know has always queried d meaning of subsidy. The discordant tunes between Buhari and his appointees often confirm that he is not in charge and that we have a cabal at d helm of affairs. In saner climes for d Finance Minister to take an official position on such an important issue as fuel subsidy that has d ability of shaping d governance trajectory without speaking for d mind of d President ought to have attracted official reprimand or outright sack by d President himself.

13 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by RedEnergy: 3:41am On Jan 19, 2022
Another day, another lie.

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Edoreborn: 3:42am On Jan 19, 2022
Ok

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by hollywater: 3:43am On Jan 19, 2022
Na me remove am. Buhari don already talked am for the last interview. Say and am dey work hand to hand. That is why he position northerners in every strategic position.

3 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by drstan(m): 3:45am On Jan 19, 2022
Unna no they sleep?

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by MANNABBQGRILLS: 3:46am On Jan 19, 2022
God bless our darling Daddy President Muhammadu Buhari and his amiable Vice president Prof Yemi Osinbajo for all they are doing to make this once battered and looted nation work again

3 Likes 3 Shares

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by IMASTEX: 3:46am On Jan 19, 2022
tempest01:
They won't remove fuel subsidy now. They will "hope" to rig win 2023 elections first. Immediately afterwards, una go see shege.
Most likely

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by ironheart(m): 3:46am On Jan 19, 2022
Subsidies should be removed and lets forge ahead. We can not be enriching a privileged few. Lets all suffer it and reset our brains to enable us select good leadership to run the affairs if this nation.

5 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by pepericozi: 3:50am On Jan 19, 2022
tempest01:
They won't remove fuel subsidy now. They will "hope" to rig win 2023 elections first. Immediately afterwards, una go see shege.

You are right.

.

3 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by biafrasun: 3:51am On Jan 19, 2022
Foolish government of liers this what tinubu bestowed on us and he wants to take over and continue from where they stopped ,God forbid, oluwa majee.

9 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by GardenOfGod(m): 3:56am On Jan 19, 2022
Ahwed Lawan, the irony of a Leader of the Legislature becoming a special spokesperson to the Leader of the Executive. Only in Nigeria!

3 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by BlackSpanner: 3:57am On Jan 19, 2022
Pyramids of lies.

For more lies, text "APC to 419".

3 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Temptee101(m): 3:57am On Jan 19, 2022
ironheart:
Subsidies should be removed and lets forge ahead. We can not be enriching a privileged few. Lets all suffer it and reset our brains to enable us select good leadership to run the affairs if this nation.

Suffering nor dey tire you?

Has any FG policy benefited the people, why do you think this one will be different? Moreover, how many times is the same subsidy going to be removed?

Who told you removing fuel subsidy will stop corruption or looting by these wicked politicians?

Corruption is embedded in the DNA of Nigerians. We are fantastically corrupt.

14 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Nobody: 4:02am On Jan 19, 2022
Is Buhari not the minister for petroleum?If he was not the one who directed the removal of subsidy,who did?

3 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by COMPAQ(m): 4:07am On Jan 19, 2022
Lawan is just speaking in circles. The Petroleum Industry Act which was passed by the same Senate mandates NNPC to operate as a profit making organisation. Keeping subsidy meaning operating business with the intention of making losses! I don't anyone of us does that in his/her private business, so why should Nigeria?

People like Lawan are the ones who set us backwards for political reasons. He would have been pressured by his people and as the idiotic northerner with no brain of his own to properly articulate why subsidy should be removed, he has caved in and so that he will continue to win election, he is coming back to Abuja to speak from the other side of his mouth.

5 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by potbelly(m): 4:08am On Jan 19, 2022
God forgive me but anytime i see the rubber stamp man all i see is a Hippopotamus

6 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Grace001: 4:15am On Jan 19, 2022
Trust this good for nothing useless Nigeria government at your own risk.


Foolish clueless government

3 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Maxymilliano(m): 4:18am On Jan 19, 2022
The fear of 2023 election is the beginning of wisdom.

Hope NLC will not fall for this gimmicks, February 27 nationwide protest must go on as planned too sound a note of warning to the government.

1 Like

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by BelovedofLord: 4:57am On Jan 19, 2022
BeeBeeOoh:


https://www.thecable.ng/lawan-buhari-did-not-direct-removal-of-petrol-subsidy/amp
§
WHICH SUBSIDY?


§
IS IT THE SUBSIDY THAT BUBU & APC SAID DOES, EXIST?

§
FOR DECEIT, TEXT APC TO 419!

3 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Bukden16(m): 5:00am On Jan 19, 2022
Subsidy or not subsidy, nothing changes.
Same looting goes on.

2 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by WHITELIGHTER: 5:01am On Jan 19, 2022
post=109492765:
God bless our darling Daddy President Muhammadu Buhari and his amiable Vice president Prof Yemi Osinbajo for all they are doing to make this once battered and looted nation work again

U nu dey get shame?! Is naija less-battered now? Try get sense abeg....u must not comment like this all the time just to save face...

10 Likes 1 Share

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Nobody: 5:11am On Jan 19, 2022
At the end subsidy has to go. The government is just making more mistakes keeping subsidies

TO anyone quoting me to tell me tales about 'subsidy being a benefit' and 'government is suffering us' consider this

1.We pay for subsidy from crude oil revenues, whose prices have not been stable enough or favorable to us since 2014 when the Saudis and the US decided to show each other shege. Even before 2014, crude has never been favourable enough to us

2.We spend billions subsidizing fuel, which is in turn sold in Ghana, Benin, NIger, Cameroon, even Mali....via smuggling. Fuel costs above N300 in those countries. Tell me, who won't smuggle the fuel...unless you want to build a wall around this country. And our Customs is funded from the same source as the subsidy which means not well enough (see no 1)

3.Subsidy is why the refineries don't work. Basically, prices are kept below the production price, and a subsidy is meant to cover the difference. Over the years refineries have not been able to make a profit to pay for expansion, maintenance, upgrades, etc etc. Staff welfare is paid from...crude oil profits. When refineries can't make a profit, they break down. Which is what happened by the year 2010, and which is why we refine our crude in bad refineries in Holland and Belgium so that we can keep it cheap, and have bad fuel.

4.And keeping on no 3...how much do you think we are going to pay Dangote in subsides, and let's also remember that production costs are not static.
Yes, subsidy means that Dangote is going to sell fuel at a loss, and government is going to dash him money to cover the loss. And that money is going to rise with the rise in Dangote's production costs and debt repayment. Meaning more pressure on our already tight revenue (keep in mind we have 4-5 other private refineries and 20 more on the drawing board. All to be paid subsidy money to keep fuel cheap)

5.Our income from tax is not even enough to cover subsidy costs. 30% of taxable Nigerians pay income tax to state and federal government coffers. We use oil money to cover the deficit, and when oil money is not enough, we pay using loans and more loans from IMF to the Chinese.

Keep in mind that right now, we cannot finance or budget well because of bad oil prices. And we already have to take a loan to keep up inspite of subsidy.


If we want a strong petroleum and refining sector, one that not only makes profit, but exports and exports good quality PMS, we have to remove subsidy . If we want more jobs and investment, subsidy has to go. Paying for subsidy is basically asking for more loans, more deficit budgets, and more problems economically speaking, and zero refineries.

The government needs to wake up to reality..

P.S

For a clear understanding of subsidies and why they are damaging, I suggest you read this article

1.Fuel subsidies in Nigeria: they’re bad for the economy, but the lifeblood of politicians

4 Likes

Re: Ahmed Lawan: Buhari Did Not Direct Removal Of Petrol Subsidy by Karemarealty288(m): 5:12am On Jan 19, 2022
The senate president said the position of Buhari is different from the position of Zainab Ahmed, minister of finance, budget and national planning.

1 Like

(1) (2) (3) (Reply)

Will Kano, Kaduna And Katsina Cause Damage To PDP As This Pix Depicts? / Inside The Endless Crises In South West PDP (Analysis) / APC Responsible For Killings In Nigeria - PDP

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.