₦airaland Forum

nairalanda1:


It was not a courageous decision.

By August 2022, we had run out of money for subsidies. We had been borrowing for subsides partially since 2014 , full time since 2020..We were at the end of the rope. 90 % of government revenue was going to service debts.

That is why subsidy was going. Any attempt to keep it or even increase it would have been disastrous.

No money, no subsidy. Tinubu and even his opponents knew. It was the end of the road.

Lol. You are incoherent and illogical.

Tinubu too could have chose to continue borrowing like his predecessors and leave our debt to gdp ration at 98% by the time he leaves office.

EponObi:
Lol. You are incoherent and illogical.

Tinubu too could have chose to continue borrowing like his predecessors and leave our debt to gdp ration at 98% by the time he leaves office.

Except that extra borrowing was not possible again.

You don't get the mess we were in by august 2022. Even if anyone wanted to borrow to continue subsidy, no one would have given them money.

nairalanda1:
Except that extra borrowing was not possible again.

You don't get the mess we were in by august 2022. Even if anyone wanted to borrow to continue subsidy, no one would have given them money.

Lmaoooo... says who? There are countries with over 100% debt to gdp ration who still get loans. It was courageous move by PBAT. GEJ should be getting this accolade but he was too weak to implement it.

https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country

Follow who know road

Watch how Obidients are defending him, but will crucify anyone who is not igbo and makes similar statements

SarkinYarki:
How did he end fuel subsidy and at what cost ?

I mean the Tinubu govt paid subsidy till 2024 November and might even be paying quietly as we speak

U mean Alex Otti dey lying abi

givedemwotowoto:
We all get the message. Nobody wants the Rivers treatment. On election day, we'll correct the mistake of 2023 so the country can move forward.

So you mean the gbague is the best. Emeka stop leaving in fool Paradise. Tinubu is here to stay.

givedemwotowoto:
We all get the message. Nobody wants the Rivers treatment. On election day, we'll correct the mistake of 2023 so the country can move forward.

Maybe you don't know, subsidy removal cannot be reversed anymore neither can any president allow currency 2 exchange rate ( CBN and Zone 4 blackmarket) regulations. No president would encourage arbitrage in the forex market.

So, the earlier we conclude these reform the better for us as a nation. We've postponed the evil days for too long since babangida military rules.

No president could belt the cat except Tinubu. Any attempt to vote Tinubu out is a reversal and loss of the potential economic recovery.

APC decamping loading

tpain121:
Who is guilty of blind messiah worship more then APC riffraffs like you?

See who dey talk.

Lol. Nigerians who are truthful and sincere will confess, anytime and anyday, that Obi, Atiku etal are not fit to lace Jagaban's shoes.

Vision101:
Commend him for the one that he has done first. It will not harm you.

You have not answered my question.

how has tinubu "taken tough decisions" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Tareq1105:
Maybe you don't know, subsidy removal cannot be reversed anymore neither can any president allow currency 2 exchange rate ( CBN and Zone 4 blackmarket) regulations. No president would encourage arbitrage in the forex market.

So, the earlier we conclude these reform the better for us as a nation. We've postponed the evil days for too long since babangida military rules.

No president could belt the cat except Tinubu. Any attempt to vote Tinubu out is a reversal and loss of the potential economic recovery.

Which reform was started that needs to be concluded?

What cat did tinubu bail?

how has tinubu "taken tough decisions" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

WizardOfNG:
Lol. Nigerians who are truthful and sincere will confess, anytime and anyway, that Obi, Atiku etal are not fit to lace Jagaban's shoes.

If that is the case, how has tinubu "taken tough decisions" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Vision101:
Give credit to whom it is due. It's a mark of decency.

Give credit for what exactly?

EponObi:
This one don start with stupid questions again.

You should direct your questions to Otti.

Is tinubu no longer courageous?

how has tinubu "taken tough decisions" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Ezewuzie01:
This is wonderful. Obidients' favourite governor is indirectly saying that Peter Obi is a weakling who doesn't have the liver to take tough decisions for Nigeria's benefit.

Peter Obi also said that he will remove the fuel subsidy too. Go and read...the question is how it will be done. We have already pass that stage.

WizardOfNG:
Well-said bro. Vastly greater sum of money made available to governors, to run the affairs of their States, is a great thing.

It is now left for indigenes of States to demand more accountability and improved standards of living rather than shouting Tinubu up and down.

You have said the truth bro.

God bless..

APC decampment loading >>>>>>

Chucks13:
I stand with Tinubu 100% even more. I love bold, hard baller and a decisive leader anybody not happy with subsidy death can go to court its gone and gone for life.

I know those cry cry babies from the pit of hell will start crying now over Otti remarks they have started insult his father and mother already.

How can just 5 individual mallam be the only people enjoying and looting in Bilion of dollars subsidy proceed and Niger Delta that owned the oil are wallowing in failure, deprivations and poverty its not done, so it is better the subsidy is dead let everybody body cool and the anger of removing the scam subsidy one of the reason 2 senior member of the shit coalition are angry with Tinubu because the are directly part of subsidy looters.

Subsidy is dead and buried and will never resurrect again. Anybody who want to cry pls cry proper it is your headache no one send you.

can you please name the "5 individual mallam be the only people enjoying and looting in Bilion of dollars subsidy proceed"?

is it because of this "5 individual mallams" that Niger delta that owned the oil are wallowing in failure, deprivations and poverty?

if you say that "the anger of removing the scam subsidy one of the reason 2 senior member of the shit coalition are angry with Tinubu because the are directly part of subsidy looters", how has tinubu "taken tough decisions" to successfully tackle corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Talkisneeded:
Romance don start

Yeah, na so e dey start.

SarkinYarki:
How did he end fuel subsidy and at what cost ?

I mean the Tinubu govt paid subsidy till 2024 November and might even be paying quietly as we speak

At a devastatingly huge cost to the people. That's what they wish to deny.

Yes, they paid some subsidies at some point after removing it, but I don't believe they're paying any today - no evidence supports that.

Ahaaa! This one too don dey stage us small small...
Anyway he was in ApC before defecting to Elluppee because he didn't get the governorship ticket in ApC... Na Peter giringory I pity pass

nairalanda1:
Except that extra borrowing was not possible again.

You don't get the mess we were in by august 2022. Even if anyone wanted to borrow to continue subsidy, no one would have given them money.

Ways and means from CBN took the place of extra borrowing.

Second, there is no way extra borrowing will not be possible again for a country like Nigeria. IBRD, IMF and even AfDB will always provided as long as it keeps the country in bondage.

Crude oil can still be sold in advance of the next twenty years.

Elementary Economics.

ppogba:
Ways and means from CBN took the place of extra borrowing.

Second, there is no way extra borrowing will not be possible again for a country like Nigeria. IBRD, IMF and even AfDB will always provided as long as it keeps the country in bondage.

Crude oil can still be sold in advance of the next twenty years.

Elementary Economics.

Ways and means is borrowing actually.

It's like you don't get it.

Better stop lying to yourself. Only way we can develop is free ourselves from resource dependency

Read field Ruwe before answering me

On his way to the APC. Pity the Nigerian youths that are still supporting these politicians.

Ezewuzie01:
This is wonderful. Obidients' favourite governor is indirectly saying that Peter Obi is a weakling who doesn't have the liver to take tough decisions for Nigeria's benefit.

Is obi your president ike mbe?

I fit bet my side chick say this bitch nigga go decamp to APC before their next election abii na appointment

Noted

Otti will soon decamp to APC.
Na so e dey take start

Obiedun:
Your eyes don dey open small small.

You people are highly deluded sha.anyway continue.