Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy - Politics (2)

Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy (36900 Views)

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Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Nodogragra4me(m): 4:54pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?
Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

The 2 decisions are in order.

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by adexrocque(m): 4:54pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Having the guts to confront these things is beyond ''simple economics''. Past governments have only barked but none was able to take the bull by the horn.

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by bigdammyj: 4:54pm On Jun 14, 2023

I applaud him too.

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by lailo: 4:54pm On Jun 14, 2023

Children of hate, perdition and deep envy will still wail on top of this one grin

Awon ma sanfani Omo oloriburuku.....

5 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by KarlWhyte(m): 4:54pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

cry more..

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by IamANigerianMan: 4:54pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

When Buhari was two weeks in the office, the only achievement was traveling from one country to another but TINUBU is doing a lot, I think he was ready for the Job.

7 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Jeftliu: 4:54pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?
Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Oloriburuku you're working for those few unpatriotic nigerians who want us to remain in this mess forever...we nigerians are ready to sacrifice for our children to benefit that progressive nigeria

10 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by ogify1(m): 4:54pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

rest.

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by lanrock(m): 4:54pm On Jun 14, 2023

Ride on Jagaban. Real lovers of Nigeria behind you

4 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by MarketDispatch: 4:55pm On Jun 14, 2023

Very good

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Nchenches: 4:56pm On Jun 14, 2023

tooth4tooth:
Wonder shall never end . Even Olisa Agbakoba has seen the light.

What light? Agbakoba is a typical Onitsha Igbo man.

Nice people call a spade by its name.
Agbakoba said INEC was not transparent in declaration of Tinubu as president elect.

Agbakoba hails removal of subsidy and free Naira value

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Sultty(m): 4:56pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira
carefully composed bullshit
On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by wallrichy: 4:56pm On Jun 14, 2023

[7] When a man's ways please the LORD, he maketh even his enemies to be at peace with him. [8] Better is a little with righteousness than great revenues without right. [9] A man's heart deviseth his way: but the LORD directeth his steps.

Prov 17:.7.......

4 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Sultty(m): 4:57pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira
On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

carefully composed bullshit

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Alvin212(m): 4:57pm On Jun 14, 2023

Another one from

Thiefnubuu Media group

Buharis media group was more passionate than you guys

Imagine defending a failure

2 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by FreeStuffsNG: 4:57pm On Jun 14, 2023

tooth4tooth:
Wonder shall never end . Even Olisa Agbakoba has seen the light.

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Enice(m): 5:00pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Oga, CBN will still be selling FX. The only difference is that it will be at market value. No more round tripping. You can decide to buy FX either from CBN or Banks or Aboki. The days for speculation are gone

7 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by allthingsgood: 5:00pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Simple

So why wasnt it done since the past 20years

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by wallrichy: 5:01pm On Jun 14, 2023

Tinubu is more of a Military General than Obasanjo and Buhari combined. He's so bold and unemotional when it comes to a good decision to make to move the country forward. So unsentimental.....he's a real Pablo of Nigeria....I salute him with my full chest....

adexrocque:
Having the guts to confront these things is beyond ''simple economics''. Past governments have only barked but none was able to take the bull by the horn.

7 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Kazeemabiodun: 5:01pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

olodo spotted

4 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by 1nairato1dollar: 5:02pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?divide and rule tactics, give 1% take back 10% May the good Lord have mercy on Nigerian

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Guestlander: 5:02pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

You have no clue what what you are talking about.

4 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Flets: 5:02pm On Jun 14, 2023

Enice:
Oga, CBN will still be selling FX. The only difference is that it will be at market value. No more round tripping. You can decide to buy FX either from CBN or Banks or Aboki. The days for speculation are gone

At what rate will the CBN sell FX and who fixes the rate? CBN or free market? How is it different from the current debacle?

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by vickydevoka(m): 5:02pm On Jun 14, 2023

deeva2:
South South has produced President, Vice President, Senate Minority Leader, deputy senate President and now senate President.

South East has produced Elu Pee, and online/Twitter president.

He deceived his people and destroyed their stake both in PDP and APC.

The question is , what are you? If you ain't rich you ain't rich. No one hears your cry

3 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Benwallt(m): 5:03pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

I believe you have heard the saying "common sense is not common" As you simply puts it, successive governments overlooked it

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by dalaman: 5:03pm On Jun 14, 2023

RHMSTECH:
It’s a good policy to float the NAIRA but there’ll still be black market simply because it’s a problem of liquidity, the supply is low and access by ordinary Nigerians is limited. If dollar is readily available and there’s transparency in the market, this policy might work. Get Dangote refinery working asap , that’s the single most important project we need right now.

Unfortunately, the refinery will not be up till March/April 2024, it will be fully functional by 2025. Which is quite a long time.

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by kokorokoman: 5:03pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

simple econimics that past govts since 1999 has not been able to pull of.

4 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Segzy19: 5:04pm On Jun 14, 2023

Simple economics but Buhari couldn't do it... Jonathan could not do it...
Dey play!

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

6 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by BabaO2: 5:05pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

where is the economics since 1982 that Naira has been falling against all currencies of the world including CFA of cotonou?

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by BarrElChapo(m): 5:05pm On Jun 14, 2023

LikeAking:
What's does Olisa know?

Human rights guy?

You don’t even know him or his specialty 😂😂😂

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Segzy19: 5:06pm On Jun 14, 2023*

When reasonable people speak with knowledge and authority, some online wailers and buffoons will still come here to lament and wail out their ignorance.

Tinubu is your president and he will do well.
Your evil wishes for him and Nigeria will not come to pass. Eyin omo ale

6 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by rajiedreez: 5:08pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

1 2 3 4 5 6 Reply

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