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If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsIf Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. (391 Views)

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If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by AmeboFeeds(op): 8:28pm On Jan 23, 2024
If subsidy was not removed, Nigeria could have been taken over by our creditors. —Senator Rilwan Adesoji Akanbi





Senator Rilwan Adesoji Akanbi, is a chieftain of the All Progressives Congress, APC and founder, Coalition Movement for Àsiwaju Bola Ahmed Tinubu (COMBAT). Under the auspices of South West Agenda for Asiwaju (SWAGA), he was one of those who canvassed vigorously for the election of Tinubu in the last general election. Akanbi represented Oyo State, South, senatorial district at the 8th National Assembly.

He spoke in this session on the politics and governance of Tinubu among other sensitive issues.

You were part of those at the forefront that passionately canvassed for votes for President Tinubu. How would you assess the state of the nation so far?

Professor Wole Soyinka has spoken that we should give this administration a year. A year is about 25 percent of the tenure. Assessing a government now could be unfair. Things are so hard; things look bad but the government said it is laying solid foundation. After a year, let us see what those policies they have put on the table will bring to the masses. You can assess a government through the welfare of the populace but doing any assessment now would be unfair because it’s still early in the day. Let us give them a year, at least, Campaign will start third year. Assessing a government now will be unfair because even the policies may not have started maturing.

Things are getting harder; shouldn’t it have been a case of Nigerians seeing evidences of things getting better?

You can only assess a government through the wellbeing of the citizens, as Í pointed out earlier. If you do that right now, through the wellbeing data, you may score the government low. The basic things of life are falling under luxurious items. The prices of food items have skyrocketed. There is no way you can score a government high if the minimum wage is N30,000 and the price of rice is N60,000. I am not giving excuse for them but I think what they met on the ground was not what they expected. The cost of rising debt, for example; if that subsidy was not removed, Nigeria would have been taken over by her debtors. There was no way they could continue that subsidy but the palliative arrangement was not well put together or was put in a hurry. Governance is not about Mr President alone. The cabinet, governors, ministers; all hands are supposed to be on deck but all hands are not on deck, some are under; some are on top. It is so unfortunate that the masses are suffering.

But the consolation is that government is not folding its arm.

What should the government be doing?


The government said they are putting policies together. The cost of production in the manufacturing industry has gone up by 40 percent. Manufacturing industries are not working to full capacity. No manufacturing company can function effectively without constant supply of electricity. You can’t solve multi-dimensional problems with one solution. It is so unfortunate. Constant electricity supply will create jobs, reduce the cost of production; artisans will be better off. If they can turn it around, it will ease a lot of things, as it will create employment. Most artisans rely on electricity as the cost of powering their equipment with generating sets and it is becoming unbearable. Constant supply of electricity can help turn around the economy. Also, insurgency is not disappearing; it is even getting worse in the last three months. As a result, farmers will abandon farms; cost of production is increasing. Insecurity is a major factor and it has a chain effect on food production. Farmers are abandoning their farms and the population is growing higher by the day.

You worked with great zeal in the emergence of President Tinubu under the platform of the South West Agenda for Àsiwaju (SWAGA), but so far, none of the arrowheads of SWAGA as we learnt has been ‘compensated’ through political appointment. What is the feeling of your SWAGA members presently?


I am sure they are feeling bad. I am a founding member and co-chairman of SWAGA. SWAGA came up after the EndSARS which targeted President Bola Tinubu. After the EndSARS, the rating of President Tinubu went low. I do not know why SWAGA is being neglected. Secondly, I, singlehandedly came up with another group known as COMBAT ( Coalition Movement for Àsiwaju Bola Ahmed Tiñúbu) in Oyo State. And Oyo State gave Asiwaju Bola Ahmed Tinubu the highest surplus in Nigeria, that is 265,000 surplus. The irony is that the people that are benefitting from Oyo State, some never worked for the victory of Àsiwaju.

Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by mrvitalis(m): 8:30pm On Jan 23, 2024
There is no subsidy now?

Which kind lie be this na... This people no rate us at all

So NNPC importing petrol and selling at a massive 50% loss is not subsidy?


Make una try respect us small na

Put effort in this lies
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by gaby(m):
And how much do you owe your creditors?

Since the removal of the subsidy, how much have you paid back from the debt?

See him mouth like Okoso.

But your wardrobe, newspapers, accommodation, cars, cooks, drivers, etc., are good to be subsidized and not warrant your creditors taking over your lives.

Nonsense people wey Nigerians dey select to mislead and lord over them.

Because of appointment, e don do mouth to look like Tinubu by force begin yarn opata
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by ambale(m): 9:46pm On Jan 23, 2024
Wetin remain to one year??

Una go find another thing talk by May
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by yarimo(m): 9:53pm On Jan 23, 2024
Nigeria and Nigerians are lucky to have TINUBU as president
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by ojun50(m): 9:59pm On Jan 23, 2024
Werey don lose
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by Bobloco: 10:01pm On Jan 23, 2024
But Subsidy is gone and we are still borrowing
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by Gondonu: 10:02pm On Jan 23, 2024
And Nigeria is still owing debts due to borrowings to fund subsidy? These idiots thinks every Nigerian is a slowpoke.
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by Bobloco: 10:04pm On Jan 23, 2024
yarimo:
Nigeria and Nigerians are lucky to have TINUBU as president
True, because without him, Nigerians wouldn't have found themselves under this great tinubulation that has befallen them.
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by SeeWahala: 10:09pm On Jan 23, 2024
All I know is that its far better for Nigeria to be taken over by China. . .

Than for Nigeria to be taken over by current hunger, insecurity and corruption undecided
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by technicallyrich(m): 10:14pm On Jan 23, 2024
What do you expect from a people that are sadistt, tribalistik,wivke and evill.
I bet if gej or obi is president,the uglee man would have joined the tribalistik woke soyinka for protest.on how gej and his wife are hippotamus and clueless.
Afonjas🤮🤮🤮
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by HenryTimes: 10:21pm On Jan 23, 2024
A.G.O-#1030:50
D.P.K-#1150:50
P.M.S-#630:50
TALK TO US AT

Today's price, who's deceiving who?
Re: If Subsidy Was Not Removed, Nigeria Could Have Been Taken Over By Our Creditors. by aariwa(m): 1:59am On Jan 24, 2024
Where was the removed subsidy money put into?… or are these people believing Nigerians are fools
1 Reply

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