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Nairaland Forum / Nairaland / General / Politics / Tinubu Considering ‘Temporary Subsidy’ On Petrol (50491 Views)
BREAKING: Tinubu Considers Temporary Subsidy On Petrol / Subsidy On Professional Bodies Removed / Peter Obi Speaks On Petrol Subsidy (2) (3) (4)
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Tinubu Considering ‘Temporary Subsidy’ On Petrol by Abagworo(m): 5:15pm On Aug 15, 2023 |
President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar, TheCable understands. https://www.thecable.ng/exclusive-tinubu-considering-temporary-subsidy-on-petrol-as-landing-cost-rises/amp 18 Likes 5 Shares
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Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Taylor90: 5:15pm On Aug 15, 2023 |
E don choke the werey This further proves that this man is empty He never had plans at first If he had plans he won’t rush to make that announcement Na overhyping kill Ebola Master strategist, first class accounting graduate from Chicago, a man with track records, he built Lagos yen yen yen Just watch the same miscreants that was shouting subsidy is gone for good will align with subsidy extension now Confused leader and his brainwashed minions He heard Obi talking about subsidy removal you didn’t even ask Obi how and what plans He just copied and paste Obi’s words INEC carry mandate sell give person wey him peniss no dey stand to rule a whole me Omo 692 Likes 83 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Racoon(m): 5:23pm On Aug 15, 2023 |
Another policy somersault by the overhyped economic illiterate. Tinubu is just reactionary and itchy but have zilch knowledge of how the dynamics of subsidy works It’s how it works; a candidate cannot seek to separate himself from his party’s successes or failures. Brings me to the main issue, which is Bola Tinubu’s attempts at touting himself as ‘pro masses’ by trying to failures and anti-people policies that have being since 2015. It doesn’t work that way. Nigerians have unanimously agreed that the APC administration since 2015 is the worst of our lifetime. What’s more? Everyone (including APC supporters) are in agreement that the Buhari-led APC Government’s Anti-people policies have made people poorer and more miserable. Bola Ahmed Tinubu, the APC Presidential candidate has promised (with no ambiguities) to continue the failed anti-people policies of the current government Administering a country with multi-complex problems especially self induced by the clueless, and catastrophic APC government in Nigeria is not by sniffing cocaine and heroin or by a balabloo-blu-bulava mentality. 227 Likes 27 Shares
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Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by festacman(m): 5:26pm On Aug 15, 2023 |
The good thing about eating one's words is that it doesn't make one fat. However, this new development even if it is being considered is a red flag that President Tinubu is not as prepared for governance as he campaigned. Unfortunately, not appearing for media interactions or debate didn't help. That President Tinubu knew he would implement the removal of subsidy and floating of Naira soon after inauguration but had no plans to manage the consequences of the these major policy shift paints a scary picture about his future policies. My suggestion is that Tinubu could go on and appoint Wale Edun the Finance minister as well as appoint his President Economic Team for the usual armchair 'economic indicators' advice. However, he should he headhunt for some young hothead economists and financial experts and place them under his office to serve as his thinktank in brainstorming on policies and programs, engaging in scenario planning, doing risk-benefit analyses, SWOT Analysis, etc to give him the big picture and bird eye view advantages. We need practical ideas from thinking out of box to solve our problems here rather than some textbooks stuff. How on earth is value of Naira falling and the CBN is speaking grammar. How about rolling about plans with sincere incentives to encourage the local production and exports to cure our trade deficits. Nothing is happening in our economy at the moment. We are just selling crude oil. What about other solid natural minerals? If we share borders with Niger, are we sure we don't have uranium? 85 Likes 19 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Jomonix: 5:27pm On Aug 15, 2023 |
Abagworo: Temporary subsidy on petroleum is not the way to go. Government should try and sanitize the purchase and supply chain associated with the diesel and PMS business. The inherent corruption should be addressed 52 Likes 5 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by chubbyman(m): 5:28pm On Aug 15, 2023 |
Yeah right,keep dreaming..."subsidy is gone!!!" 6 Likes 1 Share |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by englishmart(m): 5:28pm On Aug 15, 2023 |
If competency was a crime, Tinubu would never be guilty. 266 Likes 31 Shares
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Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by WhisperedNoise: 5:28pm On Aug 15, 2023 |
Tinubu is clueless. He is not a leader. Imagine removal of subsidy without precautionary measures, now he wants to reintroduce the subsidy he swore never to reintroduce. What he wants to do now is paracetamol after headache, because inflation has gone up with the original price hike, so even if PMS is resubsidized, it won't guarantee lower costs of goods and services. He has bastardized the dollar rate too. Unemployment has shot up astronomically. Inflation is more than 50% for many goods. Despite this man's flaws and shortcomings, his foot soldiers will still come online and praise him as the best thing after sliced bread. Over 2k daily wage. Very sad. The same man who said "na statistics we go chop?" They'll soon troop out to defend their ruler, lord and personal saviour: IconicR, TemplarLandry, Moh247, Helineus etc etc. Your clueless leader has spoken. Oya defend nonsense again. 187 Likes 16 Shares
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Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Edipet(m): 5:28pm On Aug 15, 2023 |
Man dey confuse. Wetin dey confuse Tinubu like this. I thought you were the solution 62 Likes 4 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Ofunaofu: 5:28pm On Aug 15, 2023 |
Another policy somersault 30 Likes |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by vastolord4(m): 5:28pm On Aug 15, 2023 |
Vision less preeq 54 Likes 2 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by NaughtyBrainiac: 5:29pm On Aug 15, 2023 |
Hmmm 1 Like |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Petersamuel8(m): 5:29pm On Aug 15, 2023 |
Confused man, watch how his agbero supporters will defend him 73 Likes 9 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by YouAreNobody: 5:29pm On Aug 15, 2023 |
hahahahahaha....master strategist in the mud 85 Likes 5 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by NaughtyBrainiac: 5:29pm On Aug 15, 2023 |
Racoon:You be capital Olodo. This news is not confirmed yet. However, let's even assume it is confirmed. Where in the world is it wrong for you to make a policy which is targeted at helping the economy and then reverse or modify the policy when the outcome of the policy has certain serious effects. This is the kind of man we want to lead us as a Nation. A Leader that wants the best for the Nation A Leader that can make bold positive moves A Leader that can quickly assess the impact of his policies and seek ways to make things better A Leader that listens I have said over and over that the problem we have in Nigeria is not anyone's mate. And Tinubu is the man that can at least build the foundation for a better Nigeria. I have always maintained the stand that some policies might be reversed and some modified depending on outcomes. Not one Liar, Pretender and Olodo that came on live TV to say that there is nothing bad in not building infrastructure for 8 years as Governor. That Guy and the people that follow him sheepishly annoy me to the bones. How can a people be so gullible. 58 Likes 12 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Basicend: 5:29pm On Aug 15, 2023 |
This man doesn't understand the pressure ruling 200m people. . He thought it was Lagos State. He is already re-considering artificial influx of Forex into the market to mitigate it's scarcity and reduce naira devaluation, may be. Now, he is already positioning for a reverse of the subsidy removal initiative. Truth, that he didnt realize is that if he does not do both things now, the economy and the naira will completely collapse within the next 2 months max. It has gotten to the extreme of the wall. Perhaps, and I believe mostly likely that Buhari regime made thing very difficult for him, but he has not shown enough capacity or sensitivity to bear the burdens of the people. The leakages and arbitrarily spending of the executive and the legislature has not been be fixed or even looked at. If he does not address that matter of the welfare of the masses in a gross way, thereby bearing the burden of the people, he will not be able to withstand the load of the consequece. He is quite a responsive man, but nothing can really be achieved with corruption are the core of processing. 42 Likes 6 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by orohbiro(f): 5:29pm On Aug 15, 2023 |
How can Nigerians survive Badluck since 2015 and move to Shege in 2023 Kudos to Niger citizens they are not cowards 66 Likes 4 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by NaughtyBrainiac: 5:29pm On Aug 15, 2023 |
YouAreNobody:We are not astonished by you people's comment. You were wailing and bullying people before APC primaries, Waling and bullying before general elections, Wailing , foaming in the mouth after elections. All of you will continue to wail, foam in the mouths and develop HBP forever and ever Wail on people 19 Likes 5 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Hopebringer: 5:29pm On Aug 15, 2023 |
the truth can only hide but for a brief moment the truth will always show. See the stupid useless clueless geriatric bastard. After setting the country ablaze with tribalism and retrogressive policies he wants to back track. Watch how foreign investors will flee this idiot. Nothing scares foreign investors like policy summersault This foolish lizard had no plan or blueprint for the nation this lizard just wanted to answer Mr president . His people attacked and divided the nation wit hatred. They call everyone who refused to dance to their tune igbo. As if those Igbos are not humans. See this has finished any chance of a any southwest candidate ruling for the next 50 years. After Igbos do their time my brother my current governor par excellence H.E. Sir Obaseki will the president after the Igbos have done theirs. Tinubu is nothing but a disappointment. A shame All the propaganda and lies about having a master plan , where is it? It was all a mirage ! Lies ! See All the foreign investors.will make immediate u turn... this president is so useless. Spent more time learning how to deceive people than being intelligent. Now here we are, after all the noise that he has a plan.barely 2 months and suddenly policy summersault 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🔥🤣 67 Likes 11 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Solmax(m): 5:29pm On Aug 15, 2023 |
Hahahaha Shouting its my Turn with no concrete plans 47 Likes 2 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by oka4ugoo: 5:29pm On Aug 15, 2023 |
Idiot 5 Likes |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Flets: 5:29pm On Aug 15, 2023 |
This has to be the most clueless president ever globally. How else can one explain this failure of a man after putting the largest assembly of the black race through intense pains 52 Likes 3 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Nolevel666: 5:29pm On Aug 15, 2023 |
I didn’t even bother to read it before writing this. To be a Nigerian is truly a big mistake 41 Likes 2 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by obinnanelson04: 5:29pm On Aug 15, 2023 |
Time will tell 13 Likes 1 Share |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by chiefmc: 5:29pm On Aug 15, 2023 |
Okay |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by ivolt: 5:29pm On Aug 15, 2023 |
hmm 1 Like |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Paradigms: 5:30pm On Aug 15, 2023 |
chai Iberibe ajoka... After all the useless noise 35 Likes 2 Shares |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Blitzerz: 5:30pm On Aug 15, 2023 |
Scam |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Triangles1(m): 5:30pm On Aug 15, 2023 |
Return the subsidy please, it doesn't favor the masses. 8 Likes |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by PHIPEX(m): 5:30pm On Aug 15, 2023 |
Lol, reminds me of trial and error method in solving mathematics. once anyone uses this method, know that he does't know the answer I thought Subsidy is gooooooon? After propaganda comes the hard reality. If it didn't dey, it didn't dey. propaganda and ethnic bigotry can not save you. Nigeria has entered one chance 27 Likes 1 Share |
Re: Tinubu Considering ‘Temporary Subsidy’ On Petrol by Ogonimilitant(m): 5:30pm On Aug 15, 2023 |
No way |
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