this step is belated!an average nigerian wont bring prices of comodities down!what sense does that make then?NONE!tinubu should look for other way out!that is the plain truth!!

maasoap:


Nigerians will soon lynch him. Petrol price will surpass 1000 naira in three months to come if naira continues to fall and crude oil price continues to rise which is most likely

A country that imports 70-80% of all the things consumed in it, a country with no working oil refineries, should the people have any right to complain about high fuel price? Should the people have the effrontery to complain about weak Naira?

The harsh reality is that this is the true price of fuel for a nation like 9ja that refuses to do the right thing!

Tinubu is confused.

I actually expected the president to remove half that is is there was any effective palliative measures on ground and then slowly remove it completely later after blocking the acclaimed loopholes. The hardship is really telling on the poor masses...He should also look into the agriculture sector seriously..provide enough securities for the farmers so that there will be food at affordable prices. Yes, he's the current ECOWAS chairman,fine ,but he should give his most attention to the Nigerian current economy. Too bad. Imagine, Dollar is almost 1k. Haba! I actually hoped the president will do better but am not comfortable with the current situation in Nigeria. I pray Almighty God will see him through.

[quote author=Abagworo post=125131815]

https://www.thecable.ng/exclusive-tinubu-considering-temporary-subsidy-on-petrol-as-landing-cost-rises/amp[/quote
Crude price goes up, it affects us, it comes down it still affects us ..
We are talking of a country producing crude oh

festacman:


Any idea conceived and implemented with proper evaluation and monitoring will never produce high level pf default. However, it will if it was deliberately implemented to do favours to some classes of people.

Oga all the farmers they give easy access to cash, grain and machinery what did they do with it? You think the CBN just open vault and was taking in all commers? you think the Ministry of agriculture was not involved or the farmers association was not called? They were given help and most did nothing with while others converted the money to dollar to speculate against their own country.....sure there were some that were just let in, but those that were legitimate what happened? What's their excuse cause CBN never got 1 naira back......

Tinubu is a joke

Obi Na statistics we go chop;
Master strategist - na so
He is well prepared - is obvious
A team builder- birds of a feather
Nigeria is not Lagos where you ruled with intimidation.
Well let the tribunal deliver judgement first make we check something.

Mrtaye:

Then he shouldn't have removed the subsidy without doing proper homework only to want to go back to subsidy after things don spoil

Yes you're right, every great leader have their flaws, let's just hope things work perfect.

Taylor90:
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

I can bet it that if your father is the president of this nation, Nigerians would have stoned him to death by now. You are calling an elderly man werey. That means you have no regards for your father at home.u are listening to fake news and u are judging like that. Tell me, who is now a mad man between you and the president? Besides, buharj removed subsidy and not tinubu. The country is in a mess before he took over. Who stole obi mandate? Who told you obi won the election? I don't blame you.

[quote author=Willie2015 post=125133517][/quote]
6 months to a year is not too long to have functioning refineries and it's got nothing to do with debt servicing abi no be we get our oyel

NaughtyBrainiac:
Listen to yourself. Una too Mumu.

People are allowed to complain about hardship.

The same way a child would think his Father hates him because the Father deprived him certain things.

Let hate leave your mind and be objective for once. But if you decide to choose hate, hate on, wail on and develop HBP. We won't miss you

Bro u are no longer making any sense. I remember how u guys praised ebola. Now no one is saying anything yet u have the guts to still defend him. I think u are being a little bit hypocritical

bolabadmus38:
I actually expected the president to remove half that is is there was any effective palliative measures on ground and then slowly remove it completely later after blocking the acclaimed loopholes. The hardship is really telling on the poor masses...He should also look into the agriculture sector seriously..provide enough securities for the farmers so that there will be food at affordable prices. Yes, he's the current ECOWAS chairman,fine ,but he should give his most attention to the Nigerian current economy. Too bad. Imagine, Dollar is almost 1k. Haba! I actually hoped the president will do better but am not comfortable with the current situation in Nigeria. I pray Almighty God will see him through.

there was no allocation for any form of subsidy after June in our budget....you forget we are still using Buharis budget plan for 2023.

Balabulubala and confusion like ABC

Toh!

Taylor90:
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

Can you ever ever get to sit on that seat he's (Tinubu) sitting?

Think about it.

leokid866:
Oga all the farmers they give easy access to cash, grain and machinery what did they do with it? You think the CBN just open vault and was taking in all commers? you think the Ministry of agriculture was not involved or the farmers association was not called? They were given help and most did nothing with while others converted the money to dollar to speculate against their own country.....sure there were some that were just let in, but those that were legitimate what happened? What's their excuse cause CBN never got 1 naira back......

So because an idea failed under Buhari, we should fold hand instead of finding out what made it fail and how to improve. What exactly is your point?

Abagworo:


https://www.thecable.ng/exclusive-tinubu-considering-temporary-subsidy-on-petrol-as-landing-cost-rises/amp

The only person suffering from subsidy are the masses and the only person suffering from the removal of subsidy are still the masses.

leokid866:
there was no allocation for any form of subsidy after June in our budget....you forget we are still using Buharis budget plan for 2023.

thank you my brother. Many people in this country are just saying what they don't know. Buhari removed petrol subsidy and he did not make provisions in the budget. He only made provisions for petrol subsidy till june. Tinubu only said it out for Nigerians to know. The country is running on the budget provisions buhari made. Tinubu can only make additional provisions on the budget and that is what he has been trying to do.

festacman:
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 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, creating scenarios, 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?

The painful thing about this whole back and forth is that the average Nigerian hast leant anything from the error up until this moment.
CBN is 1% responsible for Naira value. You and I as ordinary working class citizens are another 1% responsible. The fg is 98% responsible because naira strength is a reflection of economy and economy is centered around production of needs, affected by volume of imported needs versus locally produced needs and exported excesses. Security, power, conducive environment is generally lacking for that to come to reality.

We are just sharing oil money and leaking it outside via importations and looting.

Are they trying to subsidize the rich because the poor/middle-class have long dropped and sold their vehicles and this will definitely encourage smuggling again.Tinubu na scam I swear.

But they have saved N1trillion,abi na audio savings? Foolish people.

Taylor90:
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

Guy, you get badt mouth ooo

OChimex:


It’s only a confused leader that keeps going back and forth with policies. Back and forth policies hurt the economy so bad that at some point, your economy will go into coma.

You said he will build a foundation for Nigeria, by going back and forth on his decisions and policies?
Imagine you want to build a house and your contractor keeps building and demolishing to start all over
He will still take away the unified principles exchange rate,
But again, how can you trust a man whose “yes might change to be no” tomorrow?
The really is, He is not ready, and has no plan to move the country forward. He will only destroy Nigeria…

Don't mind them when we talk they call us names- Ipob, Obidient etc. They think we are their problems

Food for thought!

With this Bola virus administration all succur or cushioning are just mere ideas being considered. After the hardships were imposed immediately with no time to consider or debate.

Presently the virus is considering:

N8000 monthly payments to the poorest since June

N100,000 minimum wage since june

Boosting agriculture to increase food since June

Now today we learn he is considering temporary reduction of fuel price.


Well I am considering he is just bullshiiting!

Taylor90:
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

Even your Obi Wan just yarning dust about subsidy. Only Atiku was very clear and explicit about subsidy and the oil industry

Abagworo:


https://www.thecable.ng/exclusive-tinubu-considering-temporary-subsidy-on-petrol-as-landing-cost-rises/amp

The much cheaper CNG is the way to go.

NaughtyBrainiac:
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.

Send your account number, Poverty has rid you of reasoning and sense, before you reply and say you are not broke or a beggar. Think very good about it; I wan help your life.

For Nigeria! una never see anything.

EnterpriseMan:
Balabulubala and confusion like ABC

That thing has meaning to him o. Na me and u no understand. When u see children that are learning how to talk, they understand everything they are saying, but the people around find it dificult to understand.

NaughtyBrainiac:
Again, it is allowed everywhere in the world. You make a policy and then modify it when the outcome has certain effects.

This is Nigeria, only practicality will show real outcomes. Not theory

Give me example?

You only take back a stupid decision. If you have to make a decision and takes it back, then it was a very stupid decision in the first place

Like I said, it’s like a contractor building a house and keep demolishing the house or some part of the house just to amend it.
first, you need to think and map out your plan very well before you start building.
This making policy and taking it back show he was never ready for the job.
At some point, nobody will trust him or any of his policies, because he can always take them back.

Nobody trusts a man whose yes can mean no tomorrow.

kclub83:
I can bet it that if your father is the president of this nation, Nigerians would have stoned him to death by now. You are calling an elderly man werey. That means you have no regards for your father at home.u are listening to fake news and u are judging like that. Tell me, who is now a mad man between you and the president? Besides, buharj removed subsidy and not tinubu. The country is in a mess before he took over. Who stole obi mandate? Who told you obi won the election? I don't blame you.

SHUT UP!

Tinubu is the president and not anyone's father. Let that sink into your black brain.

He will take both the praise and blame for his policies.

Nobody forced him to become the president.