| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Yelight(m): 9:39pm On May 10 |
semc:
And you didn't tell your voters that Leadership is hard During the electioneering campaign ?
When did your Leaders suddenly discovered that Leadership is hard.
Stop complaining and go to work.
The people voted you because you sound like a man who will solve their problem.
You dey mind Dem? It was GEJ's fault then and suddenly it's not BAT's fault now 8 Likes 1 Share |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by tommy589(m): 9:40pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant about what leadership is. In truth, leadership is all NOT about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if the tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
He knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means being a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is leadership is hard! As a billionaire in his 50-60s,would you want to be Nigeria's president? Knowing what you know, that we have lived a life of lies so long and knowing there is no middle ground in making tough decision to rescue the country. 4 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by NuhuAjang71(m): 9:42pm On May 10 |
It's likely, president Tinubu is being remote control by foreign interference. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by GUNITGuy: 9:42pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! Great write up 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Racoon(m): 9:44pm On May 10 |
Balabloo-blu-bulava drug economics illiteracy in the mud. You can steal mandate but can't govern with it. 3 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Adeniyiademola(m): 9:44pm On May 10 |
SoNature:
So, sometimes, we have to pity our leaders. Our leaders don't create a room for trust. How can you trust leaders that make decisions to fatten their pockets. A leader that want every individual to pay 0.5% of their electronic money transactions to fight cybercrime. Or is it a government that pardoned terrorists because they are from his ethnic. Or is it a government that allowed billion of naira to get squander under his nose through his NSA. the fact is even if there is any positive motive behind our government policies on us, if it's not clear enough for all to see its importance vividly. The masses wouldn't thrust the government at all. Because what? They(government) had lost that thrust long time ago. At the same time, majority of Nigerians are corrupt.our society norms and values are corrupt. Hence what keeps reflecting in our governance and civil administration. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Kukutente23: 9:49pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! Lol. You sound brainwashed really 5 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by DatNiggaDaz: 9:50pm On May 10 |
Validated:
Bulaga and Townhall economics 
Someone told you "A townhall is different from Babablu Bulaga, zombie still followed him. 1 Like 
|
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Lovechyld101(m): 9:51pm On May 10 |
Paraman:
Tinubu can prevent this by working hard on ways to make the naira gain value against the us dollar Let him just open the border for food to flow in self sufficiency is the least of his problem once food is cheap it would affect transportation and that’s half of his problem he should peg import duty at 1k at a point that will the the means to know the dollar rate. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by soccerlite: 9:52pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! Rubbish points Leadership is hard they're not resigning, they kill, steal to get there gej spent 6 yrs he didn't think of building one refinery buhari didn't build, obj didn't build All of dem were enjoying the stolen wealth Nonsense 7 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by CheapHomes1: 9:53pm On May 10 |
Georgry:
Tinubu was very careless to declare that fuel subsidy was gone on the day of his inauguration without even making proper arrangements for the expected ripple effect, floating the Naira immediately after that doesn't make sense either, they created a mess, this government has been so pathetic when it comes to the management of the Nigerian economy.
were you expecting anything better from a man whose only campaign revolved around emiolkan? 4 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Yankee101: 9:56pm On May 10 |
He owns Oando and is a direct beneficiary
If not for Bello I for say old men robbing us blind 3 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Hezzyluv: 9:56pm On May 10 |
CodeTemplar:
Let it drink and drain it.
We can afford to spend N90Bn to go and stone the devil after all,so subsidy should be maintained . Chai, this your vawuulence ain't gat part2 |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by callmevirus(m): 9:58pm On May 10 |
Sccarrr:
talk tru and admit...u don't understand it....
U won't be the first olodo, even Bitter Obi finish sch with third class and he's doing well evn tho na State money he tief invest in family business 😹 You can still steal your family money only if they have anything valuable, I understand the topic more than you, stupidity is free but you're abusing yours 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Sccarrr: 10:01pm On May 10 |
callmevirus:
You can still steal your family money only if they have anything valuable, I understand the topic more than you, stupidity is free but you're abusing yours u just confirmed u have low IQ 😹, Bitter Obi stole "state money" to invest in his family business not the other way round. |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by SoNature(m): 10:03pm On May 10 |
tommy589:
As a billionaire in his 50-60s,would you want to be Nigeria's president? Knowing what you know, that we have lived a life of lies so long and knowing there is no middle ground in making tough decision to rescue the country. I will answer this reasonable question in two ways: 1. I understand that Nigeria is designed in way that before you make a lot of money in this country, one may soil his hands. Nigeria isn't designed to favour everyone or help the son or daughter of a nobody become somebody. If my means of making it to the top isn't so clean, I will remain a civilian and make impact the much I can without joining politics because personally I want to introduce a different type of leadership. Without politics, a billionaire can impact many lives and his local community. 2. On the other hand, if I know that I didn't do something that will indite me to make money, I will definitely join politics. I always say that the day I join politics, Nigeria will know that a crazy leader has emerged. The kind of sweeping reforms I will implement in 8 years will make Nigerians talk about me forever. I am infuriated that this country is not growing at the rate we should. So, yes, I will start from guber election for my state and later take a shot at the presidency so that I can sell myself to the people with my track records. I'll be as vocal as Peter Obi - I will enlighten the sane ones among us to understand the challenges in leadership. However, this will come only after winning the election because opening up before election may paint me as an incompetent or weak person. 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Obrigardo: 10:04pm On May 10 |
Government of bad blood outrightly deceiving it's electorate and people are still fighting over political parties. Your government is under a withcraft spell. 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by DeepSight(m): 10:09pm On May 10 |
Hia o, another animal talk. |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by DeepSight(m): 10:11pm On May 10 |
SoNature:
I will answer this reasonable question in two ways:
1. I understand that Nigeria is designed in way that before you make a lot of money in this country, he may soil his hands. Nigeria isn't designed to favour everyone or help the son or daughter of a nobody become somebody. If my means of making it to the top isn't so clean, I will remain a civilian and make impact the much I can without joining politics because personally I want to introduce a new brand of leadership. A billionaire can impact many lives and his local community.
2. On the other hand, if I know that I didn't do something that will indite me to make money, I will definitely join politics. I always say that the day I join politics, Nigeria will know that a crazy leader has arrived. The kind of sweeping reforms I will implement in 8 years will make Nigerians talk about me forever. I am infuriated that this country is not growing at the rate we should.
So, yes, I will start from guber election for my state and later give a shot at the presidency so that I can sell myself to the people with my track records. I'll be as vocal as Peter Obi - I will enlighten the sane ones among us to understand the challenges in leadership. However, this will come only after winning the election because opening up before election may paint me as an incompetent or weak person. Do you have any idea how many hundreds of thousands of fantasists like you are out there. |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by sulaak(m): 10:12pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! A leader makes a tough decision that nobody wants to take, and that decision might hurt Nigeria in the short term, but in the long term, it might save Nigeria. Nigeria barely earns $12 billion per annum, and the majority of that fund is wasted on importing a product that we should be producing(refined oil) Why are the refineries still not working? Why can't the country export more crude oil? In 2012, GEJ should have removed oil subsidies and invested in fixing the refineries, but GEJ was never a leader. The consequence is that Tinubu must now make that tough decision, but it also seems that Tinubu is less of a leader than GEJ. The consequence is being kicked down the road. 1 Like 1 Share |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by sulaak(m): 10:15pm On May 10 |
LandMann:
Before subsidy removal fuel was around 165-200.... After subsidy removal fuel price jumped to 650-700, inflation skyrocketed and naira depreciated massively.
Now, fuel price is over N800-1200, the government claims there's no subsidy yet the IMF is screaming that Nigerian government is paying subsidy that will ensure there's zero infrastructural, health and educational development in Nigeria for the next 1-3 years
Dear Nigerians, is IMF the enemy of Nigeria or is Tinubu and his cabal of incompetent morons just running Nigeria aground?
Helinues and all other government propaganda zombiés on Nairaland please come and defend your government wage and explain this anomaly The IMF is not the enemy. Compare the landing cost to the cost at the pump, and you will know that Nigeria's enemy is the Tinubu government. 2 Likes 1 Share |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Elusive001: 10:18pm On May 10 |
morinto:
I like your point and view. But the problem is that the money gain for the subsidy is not used for anything tangible enough or it is stolen by corrupt people. I remember Jonathan promising to used the subsidy money to build refinery and end up doing nothing. All this contributed in people losing hope on all government You lie. Tinubu and co forced Jonathan to leave subsidy. GEJ didn't remove it. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Elusive001: 10:18pm On May 10 |
sulaak:
The IMF is not the enemy. Compare the landing cost to the cost at the pump, and you will know that Nigeria's enemy is the Tinubu government. And his supporters 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by zeyt: 10:19pm On May 10 |
Bullshit IMF. Its pity Tunibu is dancing to your tune. Nigeria is not Canada or US or any developed nation. Where do you get or data about our dear country. We have no demographic statistics. We dont even know how many were are so no data for proper development planning. And you claim we practiced mixed economy that's why everything is mixed and confused. So IMF where are you coming from with bunch of fabricated lies about Nigeria and its economy.
The reality on ground is that more than 70 percent of Nigerian population are struggling to eat. This is the basic need not satisfied. The poor are the majority and government is everything for them but not after removal of subsidy on fuel, Dollar ,electricity to compound their poverty and pushed many into it for the first time in their lives. They claim subsidy is not sustainable as if its their own money. They continue to claim more money are saved while nothing has changed except wahala. 4 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by dotedote: 10:22pm On May 10 |
The most reasonable comment I've seen on nairaland.comthis year SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Elusive001: 10:22pm On May 10 |
sulaak:
A leader makes a tough decision that nobody wants to take, and that decision might hurt Nigeria in the short term, but in the long term, it might save Nigeria. Nigeria barely earns $12 billion per annum, and the majority of that fund is wasted on importing a product that we should be producing(refined oil)
Why are the refineries still not working?
Why can't the country export more crude oil?
In 2012, GEJ should have removed oil subsidies and invested in fixing the refineries, but GEJ was never a leader. The consequence is that Tinubu must now make that tough decision, but it also seems that Tinubu is less of a leader than GEJ. The consequence is being kicked down the road. You lie. Tinubu didn't take any tough decision. It was senseless He copied PO but didn't copy well. This is like the coastal road we are shouting that it is not a priority now. It's just like the tax he is imposing everywhere. There was no iota of plan to contain tye subsidy removal like functional refineries and good business atmosphere to encourage production. It seems that he was told that PO mentioned subsidy removal and fiam he said it without any template. 1 Like |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by APOSTLECHUMA: 10:25pm On May 10 |
IMF bunch of idiots that delights in the suffering of the masses. Why can't they ask the fed govt to use all the loans they are collecting every time to build refineries ? 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by bigiyaro(m): 10:26pm On May 10 |
iMF is an evil institution. The concentration of evilness in Nigeria is just too much for anything to work. If the stealing stops, nobody will give a fvck about subsidy. Who spends 11 trillion naira on refineries that does not produce a drop of petrol? How will Africa's largest producer of crude not have a functional refinery? Everything boils down to brazen stealing and stack naked shameless thieving by politicians and government officials. Stop stealing, everything go arrange. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by grandstar(m): 10:33pm On May 10 |
I enjoyed reading some of the replies.
Many instead of going against the IMF are instead lambasting the present government. You don't need a rocket scientist to read out to you the implication of spending half your crude oil on petrol subsidy. It conjured in the minds of people a picture, or even a pie chart of the gravity of the problem.
Sadly, Tinubu won't do a thing until push turns to shove. This is the best time to remove the subsidy once and for all by fully deregulating the price. It should also be extended to electricity.
Government should replace those subsidies with a lowering of the protective wall against food imports for products the country lacks comparative advantage in.
Lifting the ban on the importation of rice and crashing import duty on wheat to 20% rather than the monstrous 70% today will lead to a crash in food prices. It should also lift the ban on the importation on poultry products as well. This should bring down the price of meat protein.
In addition, the ban on the importation of okrika should be lifted. I would have wanted a reduction in the import duty on second hand cars to 20% but it may be too late now as there's a lot of vehicle assembly producing new cars. 4 Likes 1 Share |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by EmeeNaka: 10:40pm On May 10 |
SoNature:
I'd like to think that we Nigerians either like to deceive ourselves or we are just ignorant of what leadership is. In truth, leadership is NOT all about choosing between good and evil. No!
Think of a leader as a civilian in charge of security operatives chasing after one dangerous terrorist who has masterminded the killing of hundreds in the past. This terrorist runs into a building full of people just to escape from security operatives.
The leader knows that if he tells the security agents to go into the building to arrest the man, he will waste all of them and escape because he's a specialist in doing that. Instead, he tells them to throw bombs into the building, killing the terrorist and other innocent people.
The leader knows that if he keeps that terrorist alive, he will kill more. So, it's better to sacrifice just 5 - 10 innocent people in place of hundreds. That's something these leaders face every now and then.
Ngozi Okonjo-Iweala told Jonathan to remove the petrol subsidy in 2012. She took hours to convince Jonathan. Jonathan took weeks to think about it but wasn't convinced. Considering that his options were limited, Jonathan had to remove it anyways. And it backfired! It nearly led to a countrywide protest - a protester even died at Ojota! That's what it means to be a leader.
So, sometimes, we have to pity our leaders. We don't have access to the information they have. We don't know what they go through at night for making certain decisions. But, I like the way Buhari put it, "You cannot satisfy everyone. Just make a decision that will enable you to sleep at night."
If you read up to this point, my point is, leadership is hard! leadership is not more difficult than followership. We have been led into a desert. Our nation has been turned almost barren by APC criminals. 2 Likes |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by grandstar(m): 10:49pm On May 10 |
morinto:
I like your point and view. But the problem is that the money gain for the subsidy is not used for anything tangible enough or it is stolen by corrupt people. I remember Jonathan promising to used the subsidy money to build refinery and end up doing nothing. All this contributed in people losing hope on all government Imagine you're earning 500k a month and your monthly expenses are 700k a month. You therefore have to borrow 200k to survive each month. You decide cut down costs taking public transport, you carry your lunch from home to your office and stop going to the beer parlour every night. By doing that, your monthly expenses now drop to 500k. Now, 2 of your wives now come to meet you and asks that now there is an extra 200k- what would would you buy for them from it? The oil subsidy removal will simply reduce the borrowing need of the government. If the budget deficit is 10tr and the government spends 6tr on the petrol subsidy, by eliminating it, the deficit drops to 4tr. There's nothing really like they'll steal the money. It simply reduces the size of the budget deficit. 3 Likes 3 Shares |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Fcwilly: 10:52pm On May 10 |
See them, the Devil's advocate |
