The hypocrisy of people blaming Tinubu for high prices caused by subsidy removal is truly mind boggling.

I clearly remember Peter Obi and even Atiku Abubakar vowing to remove subsidies “ON DAY ONE” of their presidency if they won!

So why is everybody now abusing Tinubu for the inflation?

It makes no sense.

Or am I missing something?

Is obi also the cause of $1 to ₦1500 exchange?

Good question.

Answer: Obi would have managed the situation better, with a human face and creativity.

Yes, you're missing something out


He said he'd remove the subsidy but in phases.

He said that Nigeria pays more on unaccounted petroleum...He said he'd cut out excess first, and then the money from the excess would be used to drive investments in critical sectors before removing it entirely .

I watched the interview


Forget Obi and come to nairaland and bring suggestions that will bail Tinubu out...there are government officials here...they might see your post and push your idea...

Nation is bleeding...You came out to call Obi

Don't we have consciences??

Even if you're paid...Still relax sometimes na

Shuu

So should we blame Obi?
Ur presidiot and the CBN governor are responsible for economic policies
Idiot

Catapault:


So why is everybody now abusing Tinubu for the inflation?

It makes no sense.

Or am I missing something?

Yes, you're missing something big. One reason people are abusing Tinubu is that he campaigned vigorously against subsidy removal during Goodluck Jonathan's era. That's hypocrisy.

You don't just remove subsidy like a draft! you cushion the effect firstly then remove it slowly so it doesn't have a negative impact on the economy.

You're missing something as big as an elephant in the room, an illiterate promised to end fuel subsidy and an intelligent business man made the same promise. They are not the same.

The way an armed robber will take your money differs from how a bank accepts your money.

Peter Obi na their fada, anyday

Useless thinking, maybe Tinubu shoud vacate let Obi take over and see how he wantes to remove the subsidies

Question from a low thinker.obi said so yes, did you know his back up plans to cushion the effects? Believe it or leave it, If you are not a deep thinker you are not. Now he is begging for help

osscarr:
So should we blame Obi?
Ur presidiot and the CBN governor is responsible for economic policies
Idiot

Bro, quarreling with people all the time is not a solution. It makes you look like an animal. It also constitutes blockade to your favorite candidate. I am Obidient too.

Always calling Obi as if he is the president. Tot INEC placed him 3rd after Atiku? Why Obi everytime? Ndi Ohi vote!

10mobile:

Bro, quarreling with people all the time is not a solution. It makes you look like an animal. It also constitutes blockade to your favorite candidate. I am Obidient too.

I don't care what you are
If you have a solution, bring it up and Stop coming here to post useless comment.

Udoboss:

Forget Obi and come to nairaland and bring suggestions that will bail Tinubu out...there are government officials here...they might see your post and push your idea...

Nation is bleeding...You came out to call Obi

Don't we have consciences??

About this, here's a solution I believe in because it is mainly people-powered...

The Shortest Cut To Raising The Value Of The Naira: A Proposal To Nigerian Governments, NGOs and the Masses(Google Doc)

Let's stop depending on government officials because even if they get the idea, they will not know how to implement it. They will only use it to go and curry favor and it ends there.

Obi is not the president, tinubu is. Besides, Obi said he would remove subsidy in phases so that it will not impact negatively on nigerians.
Tinubu just removed subsidy without thinking.

osscarr:


I don't care what you are
If you have a solution, bring it up and Stop coming here to ask stupid question

You've probably run mad oh. Look and see if I'm the one that asked the question. As for solution, I have shared something above. If you like, use it. If you like, go and continue to get angry with everybody and die of ulcer.

Udoboss:
Yes, you're missing something out


He said he'd remove the subsidy but in phases.

He said that Nigeria pays more on unaccounted petroleum...He said he'd cut out excess first, and then the money from the excess would be used to drive investments critical sectors before removing it entirely .

I watched the interview


Forget Obi and come to nairaland and bring suggestions that will bail Tinubu out...there are government officials here...they might see your post and push your idea...

Nation is bleeding...You came out to call Obi

Don't we have consciences??

Even if you're paid...Still relax sometimes na

Shuu

He would have removed subsidy completely

The problem was that by August 2022, Nigeria was using 90% of its revenue to pay debts. Subsidy costa were.eating so much Buhari was borrowing to pay for it.

Understand the above and you will see.why they all said subsidy had to go.

Even now tinubu is spending trillions to maintain some subsidy.

The OP's question only makes sense if you believe that all that is driving inflation is subsidy.

In reality, inflation is also driven by the scale of the increase in government spending (FG budget went from N21 trillion in 2023, from N4.5 trillion in 2015, to N28 trillion budgeted for 2024). The increase in naira supply drives demand for dollars.

Monetary policy is also too loose, CBN interest rates should not be below the rate of inflation. But when you have a CBN governor appointed partly because he was part of Tinubu's inner circle, it erodes the independence of the central bank which is necessary to restore central bank credibility. Loose monetary policy loosens the appeal of holding naira as inflation erodes the value and you can't get interest rates that offsets
inflation.

Psychology also drives forex markets and electing an APC stalwart who has been making noise in the past about spending to drive growth (including suggesting printing naira) and who has a chequered personal history (to put it mildly) does a lot to cement the perception that Nigeria is not turning a new leaf and will sustain with its reputation as a corruption-riddled kakistocracy.

All 3 candidates would have reduced subsidy as there was no choice given the fiscal hole the country has dug itself into. Even Buhari, if he was elected to a 3rd term, would have done same. But by failing to tackle all the other issues I have referred to as we are witnessing today, it's made the situation a lot worse.

10mobile:

Yes, you're missing something big. One reason people are abusing Tinubu is that he campaigned vigorously against subsidy removal during Goodluck Jonathan's era. That's hypocrisy.

Is he not allowed to change his mind on policy direction of the country based on new realities or better knowledge/information?

Is he a robot?

Or a zombie?

What sort of country is this?

Catapault:


Is he not allowed to change his mind on policy direction based on new realities or better knowledge/information?

Is he a robot?

What sort of country is this?

Even then his campaign against the subsidy removal in 2012 is one of the reasobs why we are here.

He was wrong and he knew better. Buhari too knew better.

That does not absolve the pdp and gej though. Good leaders take unpopular but good decisions

Catapault:


Is he not allowed to change his mind on policy direction of the country based on new realities or better knowledge/information?

Is he a robot?

Or a zombie?

What sort of country is this?

If you change your mind, you apologize to those you misled if you are a human and not a robot or a zombie. You admit you were wrong beforehand and not to carry on as if nothing went wrong with you.

Catapault:


Is he not allowed to change his mind on policy direction of the country based on new realities or better knowledge/information?

Is he a robot?

Or a zombie?

What sort of country is this?

And Obi is not allowed to change his mind on subsidy removal?

Hypocrites shooting themselves in the balls.

10mobile:

About this, here's a solution I believe in because it is mainly people-powered...

The Shortest Cut To Raising The Value Of The Naira: A Proposal To Nigerian Governments, NGOs and the Masses(Google Doc)

Let's stop depending on government officials because even if they get the idea, they will not know how to implement it. They will only use it to go and curry favor and it ends there.

I read your proposal...its centered more on remote jobs.... Not everybody enjoys remote jobs..

Do you think remote jobs has the capacity to increase FX with a wide margin?

Also ,our population are not only youths although the highest. What do other people who are not youths do?

I'd love to hear your thoughts.

I've access to a startup/ techblog that can publish it.

APC and this government, every time Obi this, Obi that, is Obi the President of this country? Una wan copy expo but Una no Sabi copy correctly

Subsidy has little hand in the current inflation . Blame it on the high exchange rate. Tinubu did not shop for the best hands to handle the CBN and the economy as you must be a Yoruba man to get such position . That is why we must blame him for the inflation .

Obi is not tactless. Removing subsidy does not mean plunging the country into crisis but you cannot understand. You people trivialise important things and then run to God when your life is upsidedown

Dey play

Catapault:
The hypocrisy of people blaming Tinubu for high prices caused by subsidy removal is truly mind boggling.

I clearly remember Peter Obi and even Atiku Abubakar vowing to remove subsidies “ON DAY ONE” of their presidency if they won!

So why is everybody now abusing Tinubu for the inflation?

It makes no sense.

Or am I missing something?

You are actually missing something.

Though they all agree to remove subsidies, their implementation differs. 

And that is where Tinubu got it all wrong because he is clueless

So we both drive cars does that mean we drive at the same speed or service the cars same time with same exact maintenance culture and the cars will spoil exact same time and way?

And if 2 people told you they will sleep with their wives the same time means they will do it the same way, abeg shift go one side jare...

Tinubu was the worst person among all the candidates and we warned you people about him...

10mobile:

You've probably run mad oh. Look and see if I'm the one that asked the question. As for solution, I have shared something above. If you like, use it. If you like, go and continue to get angry with everybody and die of ulcer.

1. I don't see any reasonable solution U've shared here
2. I have never quarrelled with u B4
As for dieing of ulcer, sorry I don't have time to die. U can die of cancer if U wish

Archtype:
APC and this government, every time Obi this, Obi that, is Obi the President of this country? Una wan copy expo but Una no Sabi copy correctly

Make Peter Obi sef allow us rest. We are fed up reading about, hearing from and seeing him.

Let his Obidients mechionu and allow us rest too, every day insult gaslight and abuse. Wetin, dem take am swear for una.