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Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections (9021 Views)

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Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Agricmoney(m): 8:55am On Jan 25, 2022
either true or not atleast it would go a long way in the life of the citizens



Anyway, Agriculture is life.

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Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Franking: 8:57am On Jan 25, 2022
It will clear for APC eye. Yeye party.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Kobicove(m): 9:02am On Jan 25, 2022
admax:
Every economic decision we make in this part of the world has a political undertone. Since 2015 till now, Buhari's administration has wasted billions of dollars on subsidies and palliatives!.

We are not ready



Removing subsidy from petroleum products will not make standard of life better for an average Nigerian rather it will save more money for our politicians to steal undecided

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Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Jamesbiodun(m): 9:03am On Jan 25, 2022
We know already but we are paying indirectly
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by samwillyco1(m): 9:11am On Jan 25, 2022
michlins:
I thought APC have balls. They should have done it and watch this country implode.

Ericko guy was saying it won't happen but people said he doesn't know what he's saying.

He has been vindicated

I once said that fuel subsidy will not be removed under this Government, while any sensible government remove it at this point in time of hardship, the country will just see unplanned mass revolution against the government.
Secondly, Dangote refinery will soon commence operation according to the news making headlines, if it is removed now the act will just justify the MONOPOLY THAT DANGOTE IS ENJOYING ACCORDING TO SOME PEOPLE.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Lucifer1419: 9:13am On Jan 25, 2022
backbencher:
Yes, we know.

That's the same reason why GEJ reversed subsidy removal, and why even tough military rulers like Abacha did not do total subsidy removal

At the end of the day, it is all about politics, and never about long-range planning, and things that would benefit the economy in the long term.

Sad to say, but the decision not to remove subsidy is a big mistake that would come to bite us in the a double s in the long run. It has already ruined our four government-owned refineries.

We better wake up. Either subsidy goes, or we pay for it by taxing everyone at a high rate...from the poor beggar to the rich multimillionaire.

Or we just keep on taking loans from our new Chinese and IMF masters.
so the subsidy they remove before when PMB became president is what, I don't know what you are saying, during Jonathan, there was subsidy removal during Buhari there was subsidy removal now 2023 is around the corner they still want to remove subsidy, we are our own problem no the government, did you travel out of the country when buhari increased the pump price from 86 naira to 165 naira per liter.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by mediainc: 9:15am On Jan 25, 2022
Whatever, it is a bad move, laws can be repelled, yes, President has the perogative, to postpone laws, pending being repelled by the house of assembly, if the law will affect National security and stability, it will be repelled, especially on such a law on the petroleum industry bill, 95% of Nigerians don't like the removal of subsidy, this is the only gain we get as citizens, for all the taxes and our collective wealth generated by this our country. President, house of representatives, senators, governors, Ministers are living like Kings, while the people, who are the masters in a democracy are living poor, now you want to strangulate them?

NBC must be objective, laws and the system is for the good of the people. Period.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by AmazingELixir: 9:17am On Jan 25, 2022
Shetemi12:
You people are asking the president not to remove subsidy. He didn't remove, you are still complaining. Guess, there's a big problem with wailers. They have prepared money to mobilize people for protest but Sai Baba shock them. Echooke!

undecided

And where do you belong in the scheme of things since you've distanced yourself from both the people that asked for the retention of subsidy and those trying to make sense out of the government decision to stay on the subsidy removal....also clarify if you don't mind which of the two class you referred to as "wailers" in your post
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Nobody: 9:18am On Jan 25, 2022
Lucifer1419:
so the subsidy they remove before when PMB became president is what, I don't know what you are saying, during Jonathan, there was subsidy removal during Buhari there was subsidy removal now 2023 is around the corner they still want to remove subsidy, we are our own problem no the government, did you travel out of the country when buhari increased the pump price from 86 naira to 165 naira per liter.

So long as government sets the price there is a subsidy.

When the marketer is setting the price, there is no subsidy.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by admax(m): 9:20am On Jan 25, 2022
I don't disagree with you.

Kobicove:


Removing subsidy from petroleum products will not make standard of life better for an average Nigerian rather it will save more money for our politicians to steal undecided
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by surequality: 10:00am On Jan 25, 2022
Because of 2023 general elections, they (Federal Government) decided not to remove subsidy because they will fail woefully if they remove fuel subsidy.
Note this: They will automatically remove fuel subsidy once they gain power again in 2023.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Tvoice: 10:14am On Jan 25, 2022
All na strategies, na only mumu dey fall for una tricks
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by netmillionaires(m): 10:24am On Jan 25, 2022
The same way they proposed the minimum wage increase before the 2019 election. How far since then.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by GreatrAnalyst: 10:49am On Jan 25, 2022
Even the dumbest knows this.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by PARADIZEPRIEST: 10:53am On Jan 25, 2022
BUHA KNOWS THAT,IF THEY REMOVE FUEL SUBSIDY THEY HAV KILLED APC PARTY TOTALLY INTO OBLIVION. undecidedBESIDES,SINCERELY SPEAKING ,THERE IS NO CREDIBLE AND RELIABLE POLITICAL PARTY AGAIN IN NAIJA,JUST FORM AN INCORRUPTABLE YOUTH PARTY LED BY GOVR.YAYA BELLO.
GOVR BELLO IS D ONLY NIGERIAN WITH CREDIBILITY AND INTEGRITY.undecidedIF UNA LIKE MAKE UNA STIL GO SELL UNA BIRTH RIGHT TO EVIL POLITRICKCIANS COM 2023 ELECTZIONS TO CONTINUE THIEFING AND SHARIN YA OIL MONEY undecided
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Stallione(m): 10:53am On Jan 25, 2022
Ofcos, we all know that. We have come to study the gimmicks of these dirty (APC) politicians. We cannot be fooled the 3rd time. undecided
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by mediainc: 10:55am On Jan 25, 2022
NwaNimo1:
We know........

[img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img]

Whether APC, wins, looses or draws 2023 subsidy will be removed next year!
Subsidy will remain till Dangote refinery starts running, then the prices will stabilize due to competition, and if Dangote can satisfy our domestic needs, then the prices will drop because haulage costs and freight charges has been removed. Subsidy removal for Nigerians to incur such costs will lead to acute criminality, and starvation, which makes citizens desperate. It's all about taking care of the people, this is what governance is about. Let them reduce costs of governance, this is one of our greatest liability...one official having six PA's...waste.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by VULCAN(m): 11:29am On Jan 25, 2022
You are deeply obsessed with hastening subsidy removal.

I went back over your posts and that's the number 1 thing you harp on.

You mentioned developing countries that have removed subsidies and also other things that back the argument for the removal.

Nowhere did I see you make mention of the effects of subsidy removal on the country with the most people in extreme poverty.

Nowhere did I see you make mention of the fantastically corrupt politicians that Nigeria is saddled with, whom in your depth of naivete you believe will suddenly develop a conscience and channel those billions into programs that actually help to create a better life for the masses. Despite the glaring evidence to the contrary you keep parroting theoretical economic theory and refuse to take into account such a local environment.

That you remain blissfully unaware that our politicians are privately gleeful over the poverty of the masses explains why you think that that subsidy money will be used to better lives. You are ignorant if you don't know that our politicians weaponise poverty.

Haven't you heard that culture eats strategy for breakfast?

I don't know if you live in Nigeria but food stuff that was donated by companies as palliatives for the poor was stockpiled in warehouses for politicians to dish out in trickles at parties. That is the same place that you dream will allocate subsidy money to good causes. A country that borrows billions 'purportedly' to build infrastructure that CANNOT generate sufficient returns to make interest repayments.

Every month this govt announces how they have disbursed billions in cash to faceless citizens. Nobody knows who these people are because they actually don't exist. They give money to one MSME and record forty. There are no checks and balances.

You write rather intelligently but when a person ignores harsh realities staring them in the face but chooses to copy and paste solutions used in other climes that are very different from yours then you realise such intelligence does more harm than good.

So if you were the Minister of Finance or the President, you would remove subsidies and watch your people return to firewood in the 21st century?

You would sit idly by and watch your people trek 2hrs to work every morning on the basis of economic theory?

The removal of subsidy will NEVER lead to a fall in the price of petroleum products for a number of reasons but the first is the importers will form an oligopoly and keep prices high

Now reading through your previous posts I saw no empathy whatsoever for the poor.

Probably you are privileged and are out of touch with the abject poverty MOST Nigerians are wallowing in.

Maybe you are deceived by the 1% of the 1% who drive Rolls Royce around.

Wake up and smell the coffee.







backbencher:


So long as government sets the price there is a subsidy.

When the marketer is setting the price, there is no subsidy.

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Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by CSTRR: 11:58am On Jan 25, 2022
Wait o.

I thought buhari has removed subsidy.

The man even did a national speech to announce it, with apc supporters hailing him.

Which one does he want to remove again?
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Fourwinds: 3:03pm On Jan 25, 2022
michoim:
Thank God for the listening government(PMB). That Zainab Ahmed is highly insensitive human being...

Your president does not listen..he is a terrorist.. It is because of election
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by tommylee(m): 5:36pm On Jan 25, 2022
VULCAN:
You are deeply obsessed with hastening subsidy removal.

I went back over your posts and that's the number 1 thing you harp on.

You mentioned developing countries that have removed subsidies and also other things that back the argument for the removal.

Nowhere did I see you make mention of the effects of subsidy removal on the country with the most people in extreme poverty.

Nowhere did I see you make mention of the fantastically corrupt politicians that Nigeria is saddled with, whom in your depth of naivete you believe will suddenly develop a conscience and channel those billions into programs that actually help to create a better life for the masses. Despite the glaring evidence to the contrary you keep parroting theoretical economic theory and refuse to take into account such a local environment.

That you remain blissfully unaware that our politicians are privately gleeful over the poverty of the masses explains why you think that that subsidy money will be used to better lives. You are ignorant if you don't know that our politicians weaponise poverty.

Haven't you heard that culture eats strategy for breakfast?

I don't know if you live in Nigeria but food stuff that was donated by companies as palliatives for the poor was stockpiled in warehouses for politicians to dish out in trickles at parties. That is the same place that you dream will allocate subsidy money to good causes. A country that borrows billions 'purportedly' to build infrastructure that CANNOT generate sufficient returns to make interest repayments.

Every month this govt announces how they have disbursed billions in cash to faceless citizens. Nobody knows who these people are because they actually don't exist. They give money to one MSME and record forty. There are no checks and balances.

You write rather intelligently but when a person ignores harsh realities staring them in the face but chooses to copy and paste solutions used in other climes that are very different from yours then you realise such intelligence does more harm than good.

So if you were the Minister of Finance or the President, you would remove subsidies and watch your people return to firewood in the 21st century?

You would sit idly by and watch your people trek 2hrs to work every morning on the basis of economic theory?

The removal of subsidy will NEVER lead to a fall in the price of petroleum products for a number of reasons but the first is the importers will form an oligopoly and keep prices high

Now reading through your previous posts I saw no empathy whatsoever for the poor.

Probably you are privileged and are out of touch with the abject poverty MOST Nigerians are wallowing in.

Maybe you are deceived by the 1% of the 1% who drive Rolls Royce around.

Wake up and smell the coffee.








Well said guy u are the 1st person that has really seen past the theoretical bullshit this @backbench always post about subsidy removal. His theories is about removing the nose to spite the face.
Re: Akpata: Decision To Postpone Petrol Subsidy Removal Linked To 2023 Elections by Nobody: 6:55pm On Jan 25, 2022
VULCAN:
You are deeply obsessed with hastening subsidy removal.

I went back over your posts and that's the number 1 thing you harp on.

You mentioned developing countries that have removed subsidies and also other things that back the argument for the removal.

Nowhere did I see you make mention of the effects of subsidy removal on the country with the most people in extreme poverty.

Nowhere did I see you make mention of the fantastically corrupt politicians that Nigeria is saddled with, whom in your depth of naivete you believe will suddenly develop a conscience and channel those billions into programs that actually help to create a better life for the masses. Despite the glaring evidence to the contrary you keep parroting theoretical economic theory and refuse to take into account such a local environment.

That you remain blissfully unaware that our politicians are privately gleeful over the poverty of the masses explains why you think that that subsidy money will be used to better lives. You are ignorant if you don't know that our politicians weaponise poverty.

Haven't you heard that culture eats strategy for breakfast?

I don't know if you live in Nigeria but food stuff that was donated by companies as palliatives for the poor was stockpiled in warehouses for politicians to dish out in trickles at parties. That is the same place that you dream will allocate subsidy money to good causes. A country that borrows billions 'purportedly' to build infrastructure that CANNOT generate sufficient returns to make interest repayments.

Every month this govt announces how they have disbursed billions in cash to faceless citizens. Nobody knows who these people are because they actually don't exist. They give money to one MSME and record forty. There are no checks and balances.

You write rather intelligently but when a person ignores harsh realities staring them in the face but chooses to copy and paste solutions used in other climes that are very different from yours then you realise such intelligence does more harm than good.

So if you were the Minister of Finance or the President, you would remove subsidies and watch your people return to firewood in the 21st century?

You would sit idly by and watch your people trek 2hrs to work every morning on the basis of economic theory?

The removal of subsidy will NEVER lead to a fall in the price of petroleum products for a number of reasons but the first is the importers will form an oligopoly and keep prices high

Now reading through your previous posts I saw no empathy whatsoever for the poor.

Probably you are privileged and are out of touch with the abject poverty MOST Nigerians are wallowing in.

Maybe you are deceived by the 1% of the 1% who drive Rolls Royce around.

Wake up and smell the coffee.








Right.

So don't complain about goverment taking loans.

Don't complain when goverment sets the prices of whatever you sell

And don't complain about bad refineries

Dividends of subsidy.

Good evening. My opinion. My opinion

And I'm not running goverment economic policy or am I the president so I cannot see how my opinion makes millions of Nigerians suffer

Plus if you want a subsidy , then pay the tax to fund it. Instead you and your goverment fund it from unstable crude oil revenues.

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