₦airaland Forum

Franking:
↪Since visible leaders have refused to come out and lead protests this time let invisible ones lead then. Protests are even more necessary this time.

gidgiddy:
They wanted fuel to stay at N65, they were protesting a N20 Naira increase, they wanted Jonathans head

Now under Jagaban, Fuel is 10 times that amount and the same people who protested against Jonathan are saying Jagaban is doing well

Futureleader201:
Images From 2012 Fuel Subsidy Removal Protest Under Jonathan.

We are still waiting and watching.

Change indeed.

Throwback:
Get yourself informed.

They were protesting a total removal of subsidy which at that time already made fuel sell at a price of N140 per litre, and would have made same improted fuel sell at the prevaling price now.

It is a removal and of subsidy on imported fuel, so you must continue to buy at whatever is the prevailing price.

The protest achieved a reprieve as the government had to return most of the subsidy with the fuel price adjust downward from N140 to N87

Throwback:
Get yourself informed.

They were protesting a total removal of subsidy which at that time already made fuel sell at a price of N140 per litre, and would have made same improted fuel sell at the prevaling price now.

It is a removal and of subsidy on imported fuel, so you must continue to buy at whatever is the prevailing price.

The protest achieved a reprieve as the government had to return most of the subsidy with the fuel price adjust downward from N140 to N87

Gbogbowa:
The only thing I have learned from this govts is that you can go to school and still be foolish and tribalistic

gidgiddy:
They wanted fuel to stay at N65, they were protesting a N20 Naira increase, they wanted Jonathans head

Now under Jagaban, Fuel is 10 times that amount and the same people who protested against Jonathan are saying Jagaban is doing well

Throwback:
Get yourself informed.

They were protesting a total removal of subsidy which at that time already made fuel sell at a price of N140 per litre, and would have made same improted fuel sell at the prevaling price now.

It is a removal and of subsidy on imported fuel, so you must continue to buy at whatever is the prevailing price.

The 2012 protest achieved a reprieve for all Nigerians, including the ones who did not protest like their fellow country men, as the government had to return most of the subsidy with the fuel price adjusted downward from N140 to N87.

gidgiddy:
They wanted fuel to stay at N65, they were protesting a N20 Naira increase, they wanted Jonathans head

Now under Jagaban, Fuel is 10 times that amount and the same people who protested against Jonathan are saying Jagaban is doing well

nairalanda1:
↪What many people do not know about my subsidy removal support is that it started when GEJ was in power. I did not like GEJ, and I never supported him (or APC for that matter...it has always been my policy since I first voted to back smaller parties)....but there was a cold reason why he removed subsides
See the image below
See subsidy costs in 2010
See subsidy costs in 2011, after which GEJ did a partial removal
See subsidy costs in 2012 after the partial removal
Now see what Buhari did in 2015, when he did a inital total removal, before he brought it back
See how much we spent in 2015.
See how it was after 2015
See what happened when subsidy came back in 2016/17 and what happened thereafter?
And some people will abuse you for supporting subsidy removal. It is not about which side you supported, it is about what it is doing to our economy.

gidgiddy:
But the same people, including you, no longer see the point of protesting when fuel is Iver N700 a litre?

Kobojunkieee:
I don't understand your argument at all. Subsidy removal has never really been the main issue. It is pulling the rug right from under the feet of the people without first ensuring there were pro-business and pro-people policies implemented to cushion the effects of the removal and allow people to sufficiently cope afterwards that is the problem.

All of the APC government policies to date have been majorly anti-people and anti-business. You don't need me to tell you this. So, try to explain better what exactly it is you are driving at.

BeeBeeOoh:
Criminals that pretends to have the masses at heart, why are they all keeping quiet now?? God will judge them all..




Please & PLEASES, let those that didn't vote for fake change complain, if other wise; my brother may thunderous thunder locate you..

nairalanda1:
It also made things worse and laid the foundation for the economic problems and debt we have now

The thing about subsidy is simple...it rises in proportion to the cost of production. Because all our petrol is produced abroad...the cost of producing it is very high, and that means that subsidising it would become more expensive.

If subsidy had been kept for fuel to be N65, by now subsidy costs would have gone up from N2 per liter as at January 2012, to N1100 per liter today.

It would have created a large hole in our budgets, meaning that the amount of loans we take would have risen, which means we would have had a debt eating up our revenue, the loans we take and any money we do not have right now.

GEJ was right in 2012 TO TRY TO do a total removal of subsidy. But you guys refused to see. Had he done so, we would have had fuel selling at very high prices, but we won't have a ragingly high debt of over 100 trillion naira and a naira that is falling madly vs the dollar as it is now.

Streetdoctor:
I tink I hv to sound so tribalistic in dis aspect.
The most useless part of Nigeria is west coast. Imagine a tribe that voted buhari twice and still went ahead to vote and support same party, same man and same political ideology. I hv never seen a region so useless like west coast before

nairalanda1:
↪I agree with your second paragraph, but for different reasons As for your first paragraph, read the message I worte and then look at the diagram again, and then think more.
↪My apologies, but calling me anti-people or an APC supporeter shows you have no understanding of why I support subsidy removal...and why keeping subsides has harmed the poor more than it should
↪If subsidy was benefiting the poor, we won't be having the problems we have been having for decades now, would we? You are free to disagree with me, and I believe APC and PDP are junk houses, with issues, but on subsidy, it has to go. Otherwise we would have a deficit that would one day dwarf our budget, and when that happens, you would cry for the subsidy to go And don't call me an APC supporter again.

MichaelSokoto:
Jonathan that had the total support of almost everybody then is the major cause of our present predicament! He was too clueless to wat was happening around him!