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Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsRemoval Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah (7053 Views)

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Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by zero8zero(op): 9:38am On Jan 05, 2025
At the interactive session, Governor Mbah described President Tinubu as a true federalist.
He commended the Tinubu administration for establishing the South East Development Commission and liberalising the electricity sector through the Electricity Act (Amendment).

Mbah congratulated the President on being named ThisDay Man of the Year and acknowledged his efforts to revitalise Nigeria’s growth and economic resilience.

“Your Excellency, your credential as a true federalist stands out brightly, and the legacies thereof will long earn you resounding accolades.
“In signing the Electricity Act (Amendment) Bill, you liberalised electricity generation, transmission, and distribution. That singular act will consistently rank as an enduring legacy
.

“It is noteworthy that Enugu State was the first sub-national to which the NERC ceded regulatory oversight of the local electricity market. That reflects how swiftly we are pursuing our goals,” he said.

According to the governor, the South East Development Commission will address infrastructure and ecological challenges in the region while complementing the many development strides unfolding across the state.

Governor Mbah reiterated his vision to grow Enugu’s economy from $4.4bn to $30bn within four years, aiming to position the state among Nigeria’s top three states in terms of GDP.

He said this grand dream can be achieved when security is guaranteed, quality education thrives, and citizens can access affordable healthcare.

The governor outlined the bold steps taken to enhance public safety in the state, including ending the illegal sit-at-home order imposed across the Southeast by a criminal gang and non-state actors.

“We no longer observe sit-at-home in Enugu. Our people go to work every day of the week, and we no longer take orders from non-state actors,” he said.

Mbah told the President that some of the Smart Green Schools commissioned during the state visit were part of the modern schools introduced by his administration across 260 wards to equip students with 21st-century skills.

He explained that his administration has focused on primary healthcare, upgrading all 260 primary healthcare centres to maintain consistent quality, even in remote areas.

“All these infrastructural developments are mainly possible because of your bold initiatives.
“The courageous pronouncements you made to free up funds for development: the removal of fuel subsidy, the unification of the foreign exchange, and several social interventions that your government continues to provide for the people of this country
.

“We are now essentially, with those funds freed, able to fully complete these projects. And it’s not just physical infrastructure; social and digital infrastructure are going on,” the Enugu Governor said.
https://punchng.com/tinubu-vows-completion-of-3bn-rail-line-connecting-port-harcourt-maiduguri/

Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by PresidObi: 9:40am On Jan 05, 2025
Everyone and their dogs know that, the only question would be what the money saved will be used for.

While some other presidential candidates would have used the savings to create an undying economic legacy for Nigeria which will help our youths and companies and institutions to grow, Nigerians are crying now because this particular administration has only people with a track record of wastage.

The savings will be mostly enjoyed by French hospital management and London property merchants.

I won't respond to your mentions, I wan go church.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by CodeTemplarr: 9:48am On Jan 05, 2025
The vast majority of the remaining 35 governors who ate theirs will not be happy that Mbah's performance is helping expose their wasteful ways. Tinubu is right to ignore party affliation and commend Mbah above useless and clueless governors thinking party loyalty will sanctify them in Tinubu's eyes.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by zero8zero(op): 9:54am On Jan 05, 2025
PresidObi:
Everyone and their dogs know that, the only question would be what the money saved will be used for.

While some other presidential candidates would have used the savings to create an undying economic legacy for Nigeria which will help our youths and companies and institutions to grow, Nigerians are crying now because this particular administration has only people with a track record of wastage.

The savings will be mostly enjoyed by French hospital management and London property merchants.

I won't respond to your mentions, I wan go church.
Obi a regular customer to UK hospital despite building a world class hospital in Anambra. There's no evidence of the church in you, you come back from church with even more bitterness than you left home.




https://www.youtube.com/watch?v=eIXOzyrleYM
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by zero8zero(op): 9:54am On Jan 05, 2025
nlfpmod Mynd44
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by TimeManager(m): 10:10am On Jan 05, 2025
The Governors are getting more than double their previous allocations, I got amused whenever some people making excuses for the Governors that inflation has eroded the value, I'm like the inflation does not erode their office budgets, personal estacode & foreign trips but it only affects infrastructure and welfare services grin
The people get the kind of Government they deserve. Enugu got the one they deserve, who has sense to use the funds to deliver infrastructure.


-Kiss the truth!
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by buckeyemedia: 11:23am On Jan 05, 2025
PresidObi:
Everyone and their dogs know that, the only question would be what the money saved will be used for.

While some other presidential candidates would have used the savings to create an undying economic legacy for Nigeria which will help our youths and companies and institutions to grow, Nigerians are crying now because this particular administration has only people with a track record of wastage.

The savings will be mostly enjoyed by French hospital management and London property merchants.

I won't respond to your mentions, I wan go church.
Incoherent Eyepobian Wailer.

Eastern Nigeria Nonentity, go beg Barrister Mbah to help you with a civil service job before hunger pieces u for there.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by buckeyemedia: 11:26am On Jan 05, 2025
TimeManager:
The Governors are getting more than double their previous allocations, I got amused whenever some people making excuses for the Governors that inflation has eroded the value, I'm like the inflation does not erode their office budgets, personal estacode & foreign trips but it only affects infrastructure and welfare services grin
The people get the kind of Government they deserve. Enugu got the one they deserve, who has sense to use the funds to deliver infrastructure.


-Kiss the truth!
Intelligent Talk.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by buckeyemedia: 11:27am On Jan 05, 2025
TimeManager:
The Governors are getting more than double their previous allocations, I got amused whenever some people making excuses for the Governors that inflation has eroded the value, I'm like the inflation does not erode their office budgets, personal estacode & foreign trips but it only affects infrastructure and welfare services grin
The people get the kind of Government they deserve. Enugu got the one they deserve, who has sense to use the funds to deliver infrastructure.


-Kiss the truth!
PresidObi read & learn.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Tochi360: 12:17pm On Jan 05, 2025
buckeyemedia:
Incoherent Eyepobian Wailer.

Eastern Nigeria Nonentity, go beg Barrister Mbah to help you with a civil service job before hunger pieces u for there.
Helinues you are an hypocritical shameless old lazy jobless miserable urchin grin this is how God has destined you to wail and sorrow Igbo till you go die enter grave 😁 grin what a waste of old age grin grin grin grin grin

Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by zero8zero(op): 2:10pm On Jan 05, 2025
zero8zero:
nlfpmod Mynd44
nlfpmod Mynd44
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Elvis2kay: 6:30pm On Jan 05, 2025
Man
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by ednut1(m): 6:31pm On Jan 05, 2025
Removal of subsidy led to higher costs of living and inflation
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by tunwumi: 6:31pm On Jan 05, 2025
Yeah but it takes time to manifest
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by MisterTalented(m): 6:31pm On Jan 05, 2025
Okay
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by YeyeGbami: 6:32pm On Jan 05, 2025
PresidObi:
Everyone and their dogs know that, the only question would be what the money saved will be used for.

While some other presidential candidates would have used the savings to create an undying economic legacy for Nigeria which will help our youths and companies and institutions to grow, Nigerians are crying now because this particular administration has only people with a track record of wastage.

The savings will be mostly enjoyed by French hospital management and London property merchants.

I won't respond to your mentions, I wan go church.
Who be this dodoyo.. Wailer go hold your governor jor!
All the billions they got are online for everyone to see.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Ironfaceman(m): 6:32pm On Jan 05, 2025
From the write up can you figure out what the so called saved money is doing while this kleptogovermnent keeps taking loans from World Bank and IMF.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by free2ryhme: 6:34pm On Jan 05, 2025
zero8zero:
https://punchng.com/tinubu-vows-completion-of-3bn-rail-line-connecting-port-harcourt-maiduguri/
Governor Mbah’s statement about President Tinubu’s efforts and the initiatives taken by his administration to drive development in Enugu is quite commendable, especially in terms of liberalizing the electricity sector, establishing the South East Development Commission, and pushing for a robust economic vision for the state. His goals for Enugu, like growing the economy from $4.4 billion to $30 billion, certainly demonstrate an ambitious and forward-thinking approach.

However, when we talk about the use of subsidy removal funds for infrastructural development, it’s important to acknowledge that while the removal of the fuel subsidy might free up significant funds for development, the effectiveness of this move largely depends on how these funds are allocated and managed. The Governor has pointed out the improvements in infrastructure, education, and healthcare, but how well these projects are executed and whether they are truly sustainable in the long term will determine whether the promised transformation happens.

The idea of freeing up funds for infrastructure is not new—governments often tout similar benefits when subsidies are cut, but there's a history of these funds being misused or not efficiently directed. The question then becomes: will the savings from subsidy removal translate into actual improvements for citizens, or will they be lost in bureaucratic inefficiencies, corruption, or mismanagement? It's easy to promise large-scale development, but the real test lies in transparent execution and whether there is proper oversight to ensure that the funds are being used effectively for the intended purposes.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by free2ryhme: 6:34pm On Jan 05, 2025
zero8zero:
https://punchng.com/tinubu-vows-completion-of-3bn-rail-line-connecting-port-harcourt-maiduguri/
Governor Mbah’s praise of President Tinubu highlights a sense of optimism around the recent developments under the current administration, particularly with initiatives like the establishment of the South East Development Commission and the liberalization of the electricity sector. It’s clear that there’s an effort to bring more focused attention to regional development and infrastructure, which is an encouraging sign.

However, the question of whether these initiatives will result in meaningful and sustainable progress remains. While the President’s policies, such as the Electricity Act (Amendment) and subsidy removal, have garnered praise for their potential to stimulate development, the true impact can only be measured over time. It's good to see that these initiatives are being framed as key pillars of economic and infrastructural growth, but the challenge is in ensuring that these reforms do indeed translate into tangible improvements for ordinary Nigerians, especially when it comes to things like reliable electricity, quality healthcare, and job creation.

Governor Mbah’s vision for Enugu’s economy to grow substantially in just four years is ambitious, and while the focus on security, education, and healthcare is commendable, the broader question remains whether there are enough structures in place to ensure that these goals are realized. The continued success of any government depends not just on policy, but on its ability to efficiently execute these policies and navigate the complexities that arise—particularly when it comes to regional security and infrastructure challenges.

The bold steps taken to curb insecurity in the region, like ending the illegal sit-at-home order, are promising, but it will take sustained efforts to maintain peace and ensure that development reaches every corner of the state. And as Governor Mbah pointed out, funding freed up through subsidy removal and other initiatives can indeed accelerate infrastructural projects, but there must be careful management of these resources to avoid misallocation or waste.

In the end, while President Tinubu's approach to federalism and his government's policies reflect a drive for change, the implementation and long-term success of these reforms will truly determine if Nigeria’s development is on the right track. Hopefully, these strides are just the beginning of a more stable, prosperous, and inclusive future for the country.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Redomi(m): 6:34pm On Jan 05, 2025
Tinubu is working
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by jaxxy(m): 6:34pm On Jan 05, 2025
buhari built infrastructure without removing subsidy. And tinubu has borrowed more than buhari despite removing subsidy.

The numbers are not adding up.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Elvictor: 6:34pm On Jan 05, 2025
A governor of a ghost state like Enugu has no right to lecture us on what economics is, and even what is infrastructure.
That state should be used entirely to rear cows, they don't have motorable roads, it is dusty and unclean, they all hang in the capital of the state which doesn't even have water.
The dust in state is enough to build a mud estate, and not only that, they can't even provide electricity even just two hours light a day.

Everyone in that state is useless for voting an idiot to be their governor, if we are checking indices of human development or infrastructural development, the governor and the people in that state has no right to comment on our national affairs.

They have never seen what development or infrastructure is, and have never built one to give us advice on how to go about building one.

They should all shut up!
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by deji17: 6:35pm On Jan 05, 2025
zero8zero:
https://punchng.com/tinubu-vows-completion-of-3bn-rail-line-connecting-port-harcourt-maiduguri/
Let Peter Obi and his minions keep deceiving themselves on social media. Nigerians are jumping on the Tinubu Train and ideas, and are making real progress.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Maxtipulation(m): 6:37pm On Jan 05, 2025
Eye service
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by BlocksNG(m): 6:37pm On Jan 05, 2025
Tinubulation infrastructure developments are like audio, you can hear it but you can't see it. The batstards should give us examples of those audios.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Ellapthia(m): 6:38pm On Jan 05, 2025
Rubbish. Mr governor, You are talking rubbish Sir.
Your Excellency Sir, you're not in touch with the economic realities on ground. The removal of fuel subsidy only freed up more funds to be looted by these thieves in power. Any Economic policy that doesn't put the welfare of the people into consideration is not only wicked, but evil and satanic.
Same Tinubu fought Jonathan in 2012 when Jonathan wanted to do this. Tinubu led a protest against same. Is Tinubu not a hypocrite for condemning his predecessor for wanting to do a thing then went on to do same thing?
I know what I'm going through due to this Tinubu-inflicted hardship. Since today, I haven't seen food to eat. No money. No support anywhere. Pls someone should in God's name help me cos I am weak at attempting to help myself without a headway
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Magnumproperty: 6:39pm On Jan 05, 2025
Jagaban himself.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Benwallt(m): 6:39pm On Jan 05, 2025
Peter Obi is a failure. Nothing to add
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by BafanaBafana: 6:42pm On Jan 05, 2025
Freed up more money for politicians to loot. Tinubu believes political elites are the only ones that matter that's why he is taking from the masses and giving to them.
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by Nahunger(m): 6:42pm On Jan 05, 2025
2wice on FP
Weldon mod
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by ayo2008: 6:43pm On Jan 05, 2025
And allowed for more looting of the treasury

Lazy governors
Re: Removal Of Subsidy Freed Up Funds For Infrastructural Development - Peter Mbah by fineboynl(m): 6:46pm On Jan 05, 2025
Nigeria doesn't care about subsidy or no subsidy. They only care about how the price went from 180 to 1300.

Stop the subsidy nonsense. Your government failed Nigerians. Even in the western world if fuel increase by over 600% the economy will be grounded.
1 2 3 Reply

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