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Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsTinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution (1240 Views)

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Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op):
Tinubu Speech:Mentioned Thrillions Went To Elite & No Mention Of Prosecution in fraudulent subsidy payments that went to the select group of individuals. And the multiple exchange rate created an avenue for connected individuals with connivance of CBN officials to become filthy rich by selling to them at the official rate, which they were then able to sell at the black market at a profit.

Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 9:42pm On Jul 31, 2023
Why will this failed state continue to allow individuals that connived with state actors at various institions like NNPC, DPR and CBN to fleece the state of billions of dollars and go scot free all the time.
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by LibertyRep: 9:44pm On Jul 31, 2023
This here has always been my argument.

You can claim that some people fleeced us as a nation to almost a state of bankruptcy, yet there's no single consequences for such .

No it doesn't make any sense.
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by Made2Last: 9:47pm On Jul 31, 2023
Oga, no government will start by going around to prosecute looters without having done full investigation into their actions.

So you want him to say everything that is in your mind in one broadcast abi....

Be calming down, brother!
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 9:48pm On Jul 31, 2023
Made2Last:
Oga, no government will start by going around to prosecute looters without having done full investigation into their actions.

So you want him to say everything that is in your mind in one broadcast abi....

Be calming down, brother!
Instead of prosecting looters he appointed them as Ministers to continue where Buhari left off.

Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 11:10pm On Jul 31, 2023
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Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by renderme: 11:19pm On Jul 31, 2023
It was legal. Duh.
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by loffyloffy: 11:25pm On Jul 31, 2023
swaggerjack:
Tinubu Speech:Mentioned Thrillions Went To Elite & No Mention Of Prosecution in fraudulent subsidy payments that went to the select group of individuals. And the multiple exchange rate created an avenue for connected individuals with connivance of CBN officials to become filthy rich by selling to them at the official rate, which they were then able to sell at the black market at a profit.
Prosecution for what? They didnt steal the money, they got it for supplying fuel, confirmed by Nigerian govt at the point of entry...even if that fuel did not gey to the final user, as far as govt record shows that it was imported...they will get their subsidy.
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by Christistruth03: 11:31pm On Jul 31, 2023
loffyloffy:
Prosecution for what? They didnt steal the money, they got it for supplying fuel, confirmed by Nigerian govt at the point of entry...even if that fuel did not gey to the final user, as far as govt record shows that it was imported...they will get their subsidy.
Can People like Babangida be prosecuted?
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by socialmediaman: 2:52am On Aug 01, 2023
Made2Last:
Oga, no government will start by going around to prosecute looters without having done full investigation into their actions.

So you want him to say everything that is in your mind in one broadcast abi....

Be calming down, brother!
So essentially he ended the subsidy based on assumption that they stole Nigeria’s money?

He hasn’t a done full investigation so how did he know they stole Nigeria’s money?
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 3:38am On Aug 01, 2023
socialmediaman:
So essentially he ended the subsidy based on assumption that they stole Nigeria’s money?

He hasn’t a done full investigation so how did he know they stole Nigeria’s money?
World headquarters of corruption and inflating figures to bleed the state of billions of dollars.

Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by DaddyJapan(m): 11:25am On Aug 01, 2023
loffyloffy:
Prosecution for what? They didnt steal the money, they got it for supplying fuel, confirmed by Nigerian govt at the point of entry...even if that fuel did not gey to the final user, as far as govt record shows that it was imported...they will get their subsidy.
He does not understand that we had enabling conditions for the legalised theft.

Authority stealing!

You be thief (I no be thief)
You be rogue (I no be rogue)
You dey steal (I no dey steal)
You be robber (I no be robber)
You be armed robber (No be armed robber)

I no be thief (You be thief)
I no be rogue (You be rogue)
I no dey steal (You dey steal)
I no be robber (You be robber)
I no be armed robber (You be armed robber)

Argument, argument, argue (Argument, argument)
Them argue (Argument, argument)
Everbody dem argue (Argument, argument)
Them dem dem argue (Argument, argument)
Up and down them argue
Everbody dem argue
Them dem dem dem argue
Yes yes, them argue
Everbody dem argue

Argument about stealing
Somebody don take something
Wey belong to another person
Source: https://genius.com/Fela-kuti-authority-stealing-vocal-lyrics


https://www.youtube.com/watch?v=e0JZLb55m14
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by BabaRamota1980: 12:32pm On Aug 01, 2023
Many people asking why Tinubu will not prosecute the elites that exploited subsidy and currency do not have good understanding of how govt works.

A previous govt authorized the subsidy programme. This made it a legal contract. A previous govt also permitted CBN acting as conduit for selected few to impoverish and exploit poor citizens. These authorizations made the contracts legitimate.

On what ground is he going to prosecute them, is it for exploiting the market? No he cannot, under rules of capitalism it is also legal to exploit market. It is poorly termed free trade.

As long people continue to speak and comment on govt affairs without truly understanding how govt works, the more your displayed ignorance will also be exploited on the political end. Politicians are salesmen and they know their product is bad for you, but they must find buyers otherwise they will loose. So they study what you are likely to buy, and they mask their bad product to mimick that and hook you.

So I want Nigerians that come to Nairaland to comment to study how govt work and use that knowledge to comment on govt affairs.

Ok, if any of these elites have failed to pay taxes on their ill gotten wealth, yes Tinubu can nail them. If evidence exist that they bribed or obtained these contracts illegally, or bids were flawed, yes he can use these areas of law to prosecute. But he must have solid evidence to prosecute. Do you know how many times NNPC building caught fire or FIRS caught fire in the past 20yrs? grin. Abi you think those are ordinary fires?
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by Exclusive101: 12:56pm On Aug 01, 2023
Foolish fools how many did Peter Obi prosecute when the bastard Igbo became governor ?

swaggerjack:
Tinubu Speech:Mentioned Thrillions Went To Elite & No Mention Of Prosecution in fraudulent subsidy payments that went to the select group of individuals. And the multiple exchange rate created an avenue for connected individuals with connivance of CBN officials to become filthy rich by selling to them at the official rate, which they were then able to sell at the black market at a profit.
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 2:42am On Aug 03, 2023
DaddyJapan:
He does not understand that we had enabling conditions for the legalised theft.


Source: https://genius.com/Fela-kuti-authority-stealing-vocal-lyrics


https://www.youtube.com/watch?v=e0JZLb55m14
100%
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by helinues: 3:34am On Aug 03, 2023
Thrillions. huh?

See waiting obsession dey make you dey do.

What's the meaning of that jargons!
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 3:44am On Aug 03, 2023
helinues:
Thrillions. ?

Again, what's the meaning

Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by helinues: 3:47am On Aug 03, 2023
[quote author=swaggerjack post=124843939][/quote]It's now undisputed, lots are wrong there.

Can't just imagine how it's possible for someone to be repeating exact same thing, same line for years. Chronic obsession with someone who knew nothing about your existence

That can never be ordinary
Re: Tinubu Speech: Thrillions Went To Corrupt Elite In Subsidy & No Prosecution by swaggerjack(op): 5:07am On Aug 03, 2023
helinues:
It's now undisputed, lots are wrong there.

Can't just imagine how it's possible for someone to be repeating exact same thing, same line for years. Chronic obsession with someone who knew nothing about your existence

That can never be ordinary

https://www.youtube.com/watch?v=foio7fXHgfo
1 Reply

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