₦airaland Forum

Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'

That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.

Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.

There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.

It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.

If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have

lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import.

BrightFuture48:
Exactly but for greediness and selfishness he decided to be selling fuel above what is normal.

We all rejoice when is refinery is coming on stream thinking that it will lessen the price because that would have eliminate the overhead land cost but he choose to be selling his fuel above 1k initially. This is part what prompted FG to resume import fuel to break the monopoly and God bless them for it.

Like you said, selling for 650 or less would have discouraged fuel importing totally but his greediness and capitalist intent wouldn't allow him, just want to milk people dry. I pray more refinery or modular refinery come on stream to challenge his Monopoly, that will be absolute better for we masses. Imagine having only MTN as only license telecom carrier, you will agree with me, many wouldn't have be able to afford even Sim card or phone by now. I pray FG get it right in downstream sector also.

wellmax:
Suspending subsidy and stabilising the forex exchange are steps every right minded politician knows needed to be done. but no one had the courage.

Tinubu had the courage and has done it once and for all. Why postpone a needed change.

You think Dangote will sell at N167, or you suggest we pay subsidy to Dangote too? `will that change anything?

God bless Tinubu for his courage

Odobaone:
This man can sell petrol for #650 comfortably and still run business but you see grid. Thank God for competition. Let importation and price war continue.

belikewater:
Most people just dey yarn rubbish above, if Dangote had not activated his refinery una for dey buy petrol at N2,000 per litre now. Tinubu should have waited for the refinery to be operational before removing subsidy, the real hero here is Dangote and NOT Tinubu. Sai Dangote!

Sheuns:
We won’t have more refineries in the future.

The one we have sources majority of its crude from overseas.

EXOUSIAng:
Jagaban na weyrey.
Now Obidients will understand what it means to let market forces control price.

In a few years we will have more refineries and they will be scrambling for supply, prices will crash.

He truly removed subsidy to protect the future of our children

Omooba77:
…says Nigeria experienced economic development during Jonathan’s administration

A former Governor of Ekiti State, Dr. Kayode Fayemi, on Tuesday, said the protest that trailed the fuel subsidy removal during the administration of President Goodluck Jonathan in 2012 was due to political interests.

Fayemi said this in his keynote address delivered at a national dialogue organised to celebrate the 60th birthday celebration of the founding National Secretary of Alliance for Democracy and Fellow, Abuja School of Social and Political Thought, Professor Udenta Udenta in Abuja.

The programme was attended by Jonathan, former Minister of Education, Dr. Oby Ezekwesili; former Minister of Aviation, Osita Chidoka, among others.

The PUNCH reports that on January 1, 2012, President Goodluck announced the removal of fuel subsidy and adjusted the pump price of petrol from N65 per litre to N141.

The decision sparked mass protests, tagged ‘Occupy Nigeria’ across major cities of the country.

The price was later re-adjusted to N97, after more than a week of protests.

Petrol price was later reduced to N87 in 2015.

Jonathan faced serious backlash for the fuel price adjustment, especially from leaders of the All Progressives Congress, who were then in different opposition parties, including the defunct Action Congress of Nigeria, Congress for Progressives Congress, All Nigeria Peoples Party, and All Progressive Grand Alliance.

https://punchng.com/breaking-fuel-subsidy-we-played-politics-with-2012-occupy-nigeria-fayemi/

lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import.

EXOUSIAng:
Jagaban na weyrey.
Now Obidients will understand what it means to let market forces control price.

In a few years we will have more refineries and they will be scrambling for supply, prices will crash.

He truly removed subsidy to protect the future of our children


Na them be this.....

This donkey thinks anyone who has a different opinion is Yoruba.
Your hate for the Yoruba tribe has ruptured your brain. If we check your location now, you will be in one of the south western states jumping bus to do something evil so you can go back to the village and south Odogwu in December.
Animals

Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'

That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.

Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.

There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.

It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.

If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have

Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'

That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.

Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.

There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.

It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.

If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have

lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import.

Bobloco:
This is what I have been saying: some folks are claiming that Tinubu should be commended for having courage. What kind of courage? Maybe courage to make thoughtless statements and inflict hardship on Nigerians is what should be commended.

Subsidy removal was supposed to come after the refineries had been activated and started producing fuel.

Leonardo4:
Then when he has succeeded in eliminating them he increases the fule price at will. Just as he has done in the cement industry

Daddyk87:
you favourite candidate said " I can assure you subsidy will go immediately, I won't allow it for a day"
In another interview he said " subsidy is organised crime"

EXOUSIAng:
Jagaban na weyrey.
Now Obidients will understand what it means to let market forces control price.

In a few years we will have more refineries and they will be scrambling for supply, prices will crash.

He truly removed subsidy to protect the future of our children


Na them be this.....

This donkey thinks anyone who has a different opinion is Yoruba.
Your hate for the Yoruba tribe has ruptured your brain. If we check your location now, you will be in one of the south western states jumping bus to do something evil so you can go back to the village and south Odogwu in December.
Animals

Odobaone:
This man can sell petrol for #650 comfortably and still run business but you see grid. Thank God for competition. Let importation and price war continue.

BrightFuture48:
Exactly but for greediness and selfishness he decided to be selling fuel above what is normal.

We all rejoice when is refinery is coming on stream thinking that it will lessen the price because that would have eliminate the overhead land cost but he choose to be selling his fuel above 1k initially. This is part what prompted FG to resume import fuel to break the monopoly and God bless them for it.

Like you said, selling for 650 or less would have discouraged fuel importing totally but his greediness and capitalist intent wouldn't allow him, just want to milk people dry. I pray more refinery or modular refinery come on stream to challenge his Monopoly, that will be absolute better for we masses. Imagine having only MTN as only license telecom carrier, you will agree with me, many wouldn't have be able to afford even Sim card or phone by now. I pray FG get it right in downstream sector also.

pimplucious:
And he also refuted that statement in other interview. The werey na forked tongue Mothafuka speaking from both sides.

AsgardKing:
No state is owing salaries now I think.

Is there any state owing workers salaries? I'd like to know please.

Bosman17:
How would that have happened? See the war Dangote fought and the pressure Nigerians hipped on NNPC before allowing Dangote operate? If we were still paying subsidy, Dangote refinery won’t have seen the light of day!!! Also who are we truly subsidising? You with one car and a generator? No!!! The people smuggling out the petrol to sell to neighbouring countries are the true beneficiaries….

EXOUSIAng:
Jagaban na weyrey.
Now Obidients will understand what it means to let market forces control price.

In a few years we will have more refineries and they will be scrambling for supply, prices will crash.

He truly removed subsidy to protect the future of our children


Na them be this.....

This donkey thinks anyone who has a different opinion is Yoruba.
Your hate for the Yoruba tribe has ruptured your brain. If we check your location now, you will be in one of the south western states jumping bus to do something evil so you can go back to the village and south Odogwu in December.
Animals

Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'

That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.

Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.

There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.

It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.

If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have

Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'

That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.

Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.

There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.

It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.

If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have