₦airaland Forum

nairalanda1:
You are advocating for subsidies and you call me an oppressor for supporting subsidy removal, and you have chided me for essentially 'advocating we pay more'

Therefore, you want price controls.

LIke most of you on this site, you are not realistic. And anyone who challenges you on that, you get angry with them

I'm not supporting any agbado nonsense. But for an economy to run well, people have to be given the right to make a profit. That includes fuel.

Take it or leave it.

You don't have to like it.

Maybe you should say it the way I said it exactly. And I would repeat it here for the records. Subsidy is not bad in itself but because of the actual context of Nigeria where there is unbridled corruption, it’s a no-no. Why is that so? Because in Nigeria when the government is supposed to offer a benefit to its citizens, the same set of people will go through the back door to enjoy the same benefits aimed at the people.

We saw it with the palliatives that were supposed to ameliorate the sufferings of families in the wake of Covid. Leaders stored bags of food stuffs that they didn’t even need when the populace was wallowing in helplessness. This was supposed to be a benefit to the people. If these guys could board palliatives, what’s the hope with fuel subsidy?

What they and their collaborators were doing with subsidy was that they were receive payment for fuel from government many times over the actual amount brought into the country and in the process really drained our revenues. These are the issues.

In the right circumstances, subsidy is not a demonic policy and that is why many nations subsidize certain products till tomorrow. Maybe you think these nations are being unfair to people that want to make profit but I’ll tell you what, government is not primarily set up to ensure that a private company makes a profit but governments are set up PRIMARILY for the security of lives and property of its citizens. Farmers in US get government support so that they remain competitive against the external market.

If you are blessed an abundance of a mineral resource and you have the capacity to turn that mineral resource to a finished good in commercial quantity locally, is it too bad if you make that product available to your people at a discount if you can afford to do so? I don’t think so.

Dotherightthing:
Shut up!

We were borrowing money to pay subsidy.

Crude swap was one of the means of borrowing.

We sold crude in advance!!

They need to return your school fees cos you are too dull to be engaged. How can a full grown man say swapping is same as borrowing.
Do you know what trade by batter is? In the olden days people swap salt for cutlass does that mean they are in debt? Even if you swap crude in advance for petrol how does that equate to borrowing?
One of the reasons I left this platform for a while is that people here are too dull to be engaged and even when corrected they are defiant in their ignorance.
Keep wallowing in your poor mind and ignorance as I cannot help your situation. Ode.

coleon:
They need to return your school fees cos you are too dull to be engaged. How can a full grown man say swapping is same as borrowing.
Do you know what trade by batter is? In the olden days people swap salt for cutlass does that mean they are in debt? Even if you swap crude in advance for petrol how does that equate to borrowing?
One of the reasons I left this platform for a while is that people here are too dull to be engaged and even when corrected they are defiant in their ignorance.
Keep wallowing in your poor mind and ignorance as I cannot help your situation. Ode.

How can someone be so idiotic