₦airaland Forum

PressMyButton:
Why must government subsidize privatised assets?

how is the government subsidizing private asses?

Omoluabi16:
3 more years... Maybe una brain go don reset by then.

7 more yrs! Only death can stop him. Make he no spend 7yrs on dat throne

Wait oo does it mean that fuel subsidy na for fuel only or what i thought fuel subsidy cover all this.....this people real want to kpai the poor

Inspirer1:
So it's good for FG to transfer the burden of paying subsidies now to Nigerians to start paying, cos that's what it is now.

Government sold NITEL without paying subsidy to MTN, GLO, etc. Why must Government pay subsidy to Discos and Gencos after buying NEPA?

PressMyButton:
100% in support of FG. FG has been paying subsidy for darkness for decades. This is one of the many evils of PDP whereby incompetent cronies of government were sold NEPA while government keeps paying billions in subsidy to private owners to cover for their operating loss. Which sensible country does that?

Yes, FG has been paying subsidy for darkness but you will be made to pay for the darkness now and you think that's the solution to this "darkness"?
Why the need for subsidy in the first place? This is just a byproduct of the Nigerian corruption

PressMyButton:
I don't know why people heaping blames on the FG, i guess a lot of people are plain ignorant. We have been through wrong direction for a very long time and it'd take a man with guts to steer us right. How can we sell our public assets to individuals, yet we keep paying them to run the assets. These cabal do not want to get their grip off us but i appreciate Tinubu for putting them in their place.

for that we must all suffer so that those in power will be enjoying, subsidy was good for the masses the only the masses enjoy they take it away to have more money to enjoy and steal the surplus to be starched away overseas

Tinubu and his goons have seen that Nigerians are very weak-minded people and are taking full advantage of it.Who will rescue Nigerians from their oppressors? The people are without hope.

pretydiva:
This is just the tip of the iceberg . By the time tinubu is done with this country ehn. Let me not say anyhing

Does this govt even have plans to alleviate the suffering of the people?

No they do not have, thanks to God APC members are suffering thr best

Slytiger:
Well. Governorment ideally should not be in the business of supply power. Let the private run the sector to minimize corruption and maximize profit while delivering excellent services. People like to use Abia as example but that's what can happen when private get involved.

Even foreign investors might move in. The country needs to stop operating like a socialist country.

You are completely out of your mind. First of all the government of these capitalists country you trying and striving to copy are not as unrepentantly corrupt as your Nigerian leaders and they know why they are elected or appointed unlike yours.

Secondly the capitalism in those is not 100% the govt still strive to protect the less privileged infact all their citizens from inconsiderate high price of capitalists.

But here you are trying to practice 100% capitalism without consideration for the welfare of citizens.

PressMyButton:
100% in support of FG. FG has been paying subsidy for darkness for decades. This is one of the many evils of PDP whereby incompetent cronies of government were sold NEPA while government keeps paying billions in subsidy to private owners to cover for their operating loss. Which sensible country does that?

And now, the burden of paying for darkness has been transferred to innocent Nigerians and you're happy??

You said all these trashes just in a bid to defend the corrupt, arrogant & clueless drugbag, your demi-god.

That's a shame.

Balabluu

The town hall is finally here

Edoreborn:
chief,,you are ignorant one here..So because the individuals that the asset are being sold,,the poor citizens will be d ones to pay n suffer for it? What happened to federal might? If they can't deliver they seize their licenses or better still take whole thing back from them n let d poor breathe..As am talking to you,,do you know how many bread winners that are contemplating suicide? Hmmmm dey play

Truth is bitter, the Government would have sold NEPA to technically and financially competent investors rather than their cronies who are grossly incompetent. Moreover, the terms of contracts makes it difficult to withdraw their lincense, otherwise Government will face litigation and pay heavy fines. Some distressed Discos have been taken over by AMCON.

Slytiger:
Well. Governorment ideally should not be in the business of power supply either via asset ownership or subsidization. Let the private run the sector to minimize corruption and maximize profit while delivering excellent services. People like to use Abia as example, but that's what can happen when private get involved.

Even foreign investors might move in. The country needs to stop operating like a socialist country.

Every govt ought to be in the business of providing basic amenities so that. capitalist won't run the mass over .
When govt do it , iFG should be involved not to make profit but to make it competitive fornother providers.

Every reasonable govt every where is in one way or the other involved in providing electricity for the people . You can't leave such an important amenity solely in the hands of insatiable capitalists.

On payment of subsidy on electricity in Nigeria, the Fg should come clean majority of Nigerians are on estimated billing and we don't enjoy 6 hours of power daily. So who's the FG paying subsidy for ?

dettolgel:
You have a point but for some reason you didn't consider that people are pissed because wages have not changed.

Where I leave once government observed that there are going to be possible increment in the prices of goods and services wages are indexed against such percentage increment. Hence, workers can be able to absorb the increase in price.

You don't just remove subsidy on petrol and now on electricity without channeling such subsidy as an increment in wages.

How do you expect the average worker whose salary has remain the same but within the same time frame has seen petrol price more than double and electricity tariff more than tripped in addition to the prices of other basic goods ?

I think you should be comprehensive in your assessment.

You want Government to increase minimum wage, provide you cheaper fuel, cheaper electricity, infrastructure,etc yet you want Government to keep paying subsidy on everything. where would the money come from?

A lot of Nigerians don't read to understand the point they rush to comment what is been said is they are paying some people for nothing to the tune of 2.4 trillion naira per year for the darkness those you supposed to call out you won't who are those benefiting form the money of cos PDP Goons that sold power to their friends ask Atiku who he sold these assets to u guys should understand the game here not just read headline and be commenting anyhow with the subsidy removed the rich in that sector will not get free money again over 30% of the nations budget to private individuals haba

https://dailytrust.com/breaking-expect-more-increase-in-electricity-tariff-fg-tells-nigerians/[/quote]

ALLNIGERIANSMAD:
are you for real? You are still blaming PDP? you are a

Was it APC that privatized NEPA and then paying bail out funds to Discos and Gencos?

Wainey:
that wasn't what was said sha.

But make this govt allow us enjoy the inflation weh don deh come down na, at least enjoying it for 2months before u fire us anoda one. This back to back wickedness no funny abeg

Keep supporting Tinubu ehn! Una eye go clear....

unclejb2:
Una never see anything. Baba Druggie came to steal, to kill and to destroy.

Renewed shege

Shege banza

flokii:
More like.. expect more industries to fold up, expect more job losses and economic downturn.
I don't know the kind of people advising the present administration.

Don't worry, Una eye go clear wella, we warned you people ahead, keep supporting Tinubu ehn!

steeltrust:
Why re Nigerians hypocrites
You want steady light
Good health care
Good road etc and you don’t want to pay for it
Same you people will bash those abroad that they pay too much bills, it same you will complain when the bill is giving to you to pay back home with what you want like steady light etc.

Nigerians are so funny sha😂🤣

u are wrong here bro! Here they had already give the masses before you pay not the other way round. Here service before payment.

Electricity supply should also be constant, don't increase tarriff with minimum amount of eclectrity supply it hurt.

Gradually we are enduring the suffering as a way of taking out burden out of the country ..how can govt pay billion for darkness.. this will lead to improve electricity in a long run ..no more free money for electric distribution..now they will sit up tight ..give light n collect bill accordingly to what they give ..with free meter everywhere it will be very good idea ..the only problem is low minimum wages which the poor cannot afford... Nigeria a confuse country.

Teymanhenry:
This Government came in an removed Fuel subsidy, the decision affected lives, property and the economic hardship it brought upon Nigerians cannot be overemphasized. Yet we kept quiet on this cruelty instead of protesting. Now, they want to remove the subsidy on electricity, and we are still quiet about it. For how long will Nigerians remain fools?
It's apparent that the President has set his mind on generating more revenue at all cost. Even if it cost the lives of the citizens. He doesn't care a 100%

Nigerians are not fools, the Igbos will not join any protest except if that protest is to divide Nigeria, we keep getting blamed for trying to help Nigeria, we were even blamed for presenting Peter Obi who was a far batter candidate than the person there now, we have tried, let other tribes also try and help Nigeria too....

Once upon a time, we had heavily subsidised phone services. The result was that phones were only available for the rich, because the NITEL did not have enough money to give everyone a phone.

Then came the GSM companies, who were allowed to charge prices as they liked.

Things were not good at first. You could not call between networks, call NITEL Landlines, and so on and so forth. And the prices were high.

And the GSM companies made obscene profits....which enabled them to pay for imporvements, and expansion of network and bring in new technology.

Result...today, even people living in poor areas have access to phones. Something that back in 1980's was the preserve of the rich and some high level workers.

Brendaniel:
Keep supporting Tinubu ehn! Una eye go clear....

sharap, like ur candidate was any better

PressMyButton:
Was it APC that privatized NEPA and then paying bail out funds to Discos and Gencos?

So what did APC use 8 years to do in office? To continue doing what PDP was doing ?

Wainey:
sharap, like ur candidate was any better

That's the problem with you guys, Peter Obi is far better than Tinubu, infact Tinubu was the worst candidate on ballot for presidency, I mean overall not just among the major 4, the signs were just too much for anyone to ignore.

Wicked government

Government with no conscience and feelings for the poor people

That is the renewed hope you voted for

eBOLA on rampage!
If eBOLA were God, Nigerians will PAY PER SECONDS FOR THE AIR THEY BREATHE!
Criminal govt of self serving THIEVES AND BLOODTHIRSTY TERRORISTS 💯💯💯💯

What did you expect from a president that the only thing he can tell nigerians during his presidential campaign...it's my turn ?