₦airaland Forum

e be like say all these people we dey speak about BUHARI are blaming tinubu and subsidy. are they saying subsidy removal is responsible for buhari loss??

Angelfrost:
This statement is a direct insult to Tinubu and his administration...!

Is the nation currently better fit for subsidy removal than it was during Buhari's tenure?!!

SMH!!!

[quote author=Tjra post=136111487]That was one of Buhari's best legacies

When E-Bpppola came on board, he shouted, Subsidy is gone.

Yet, he had no idea how to manage the aftermath of subsidy removal.

But you forget to tell the mobs that you are trying to gain sympathy from that he didn't budget for subsidy beyond June, 2023, before handing over.
Basically, he removed it towards the end of his tenure so that the incoming president can shoulder the blame.

If PBAT would loose the Presidential Elections in 2027, it will be hinged around the unsequenced and abrupt removal of the PMS subsidy.

An economic analyst describes what the Presidency did as the removal of the tooth of a patient without analstelsia and expecting the patient not to complain of pain.

The price of staples like Rice have begun an upward trajectory once again whilst the major feedback from Farmers remain input cost & transport cost directly affected by the PMS subsidy removal.

Government in the last twenty four (24) months has lost over $20B through closure of SMEs and exit of multinationals and saved $10B from the PMS subsidy removal.

Infact, NNPC according to Gov. Hope Uzodinma was not remitting any monies to the federation through FAAC for nine (9) months making it difficult to track subsidy claims expense whilst the FIRS held forth.

PMS subsidy removal should have given birth to a PTF or SURE-P establishment where priority programmes would be targeted for the shocks Nigerians currently experience.

The Governors who are the major beneficiary are not as accountable and transparent with distributable revenues with over-invoiced contract and fraudulent palliative programmes.

9jatriot:
Yet in spite of all that, the amount of insults the man got was just too much.

The reality for President Buhari was that despite incurring massive debts to fund the fuel subsidy, he remained a constant target of public insults and accusations of economic failure.

This predicament suggests a strategic calculation by President Tinubu: since a leader is likely to face continuous criticism regardless of the subsidy's status, it is more pragmatic to endure the immediate backlash of its removal and, in turn, reap the significant fiscal benefits of reduced borrowing and currency stability.

This approach, while initially painful, aims to avoid the double bind of accumulating astronomical debt while still being perpetually insulted. It was a case of "damned if you do, damned if you don't" dilemma that Nigerian leaders face with the fuel subsidy. It's about weighing the immediate political cost against the long-term economic consequences.

Buhari was moved by passion, Tinubu is an accountant and knows how to deal with numbers more.

Since removing the subsidy, has this present govt stop borrowing? Asking for a friend

ScamDemicEra:
... common sense dictates you first spend time putting the cushions in place before removing subsidy, subsidy is the only government policy that gives common man some relief

for ur MIND NOW, u think he was FAR AWAY bfr THAT 2023? MASSES are looking relieved but there FUTURE were being SERVED AS PRESENT DAILY MEALS... some cabal were ENRICHING their own POCKET through ASSET INRASTRUCTURES while the POOR were on STOMACH INFRASTRUCTURE he did the RIGHTTHING na THI£F SABI THI£F lane, he blocked their loop, why did u think many turned back?

ojesymsym:
That is nice. At least we now know

yet he did not make provisions for it in the 2023 budget?

The few people that have sense in Nigeria the so political class, are just taking advantage of the gullible majority.

Let the blame and counter blame from Buhari and Tinubu's loyalist begin. We're ready to chop pop corn and drink coke

Wealthoptulent:
for ur MIND NOW, u think he was FAR AWAY bfr THAT 2023? MASSES are looking relieved but there FUTURE were being SERVED AS PRESENT DAILY MEALS... some cabal were ENRICHING their own POCKET through ASSET INRASTRUCTURES while the POOR were on STOMACH INFRASTRUCTURE he did the RIGHTTHING na THI£F SABI THI£F lane, he blocked their loop, why did u think many turned back?

u are 100 percent correct, unfortunately scamdemicera is absolutely not logical.

Kalulu44:
Let the blame and counter blame from Buhari and Tinubu's loyalist begin. We're ready to chop pop corn and drink coke

now that their Oga is gone, Tinubu can deal with those traitors ruthlessly.

The EFCC has been put on notice, he who lives in glass houses, should not throw stones.

Tell your friend that it may not have stopped by the rate has reduced

Kalulu44:
Since removing the subsidy, has this present govt stop borrowing? Asking for a friend

nairalanda1:
Ye,s and in the process, he burdened us with a massive debt, in order to pay for the subsidy.

Same thing happened in Argentina for decades. Free government of stomach infrastructure by one government after the other. At the end, the debt was so large, that now they needed a MIllei to clean up house...and yes, it is a hard medicine.

This subsidy thing should have gone in 1992, by now we would have been free of that albatross...but Nigerians always want cheap stuff.

Most african countries do not have subsides. Are they starving? (Before you shout electricity...Ivory coast removed subsides on electricity in 1990. No more blackouts and grid collapse since then)

No, tinubu is still a bad leader, he removed subsidy because IMF and circumstance forced him to.

No, tinubu is still a bad leader, he removed subsidy because IMF and circumstance forced him to

This.

What about closure of the borders which led to the skyrocketing of prices of staple, everyday food?

Didn't that lead to the unimaginable loss of lives and livelihood?

Buhari's govt was a failure. His wife even confirmed that he wasn't in charge.

He's lucky Tinubu's government is worse than his, though Tinubu has what he (Buhari) no longer have - time and opportunity.

So make nobody bobo us. A man doesn't become a saint, or even a good man just because he's dead!

Burob:
now that their Oga is gone, Tinubu can deal with those traitors ruthlessly.

The EFCC has been put on notice.

Chai, no be lie you talk o. We're seating and watching sha

9jatriot:
Yet in spite of all that, the amount of insults the man got was just too much.

The reality for President Buhari was that despite incurring massive debts to fund the fuel subsidy, he remained a constant target of public insults and accusations of economic failure.

This predicament suggests a strategic calculation by President Tinubu: since a leader is likely to face continuous criticism regardless of the subsidy's status, it is more pragmatic to endure the immediate backlash of its removal and, in turn, reap the significant fiscal benefits of reduced borrowing and currency stability.

This approach, while initially painful, aims to avoid the double bind of accumulating astronomical debt while still being perpetually insulted. It was a case of "damned if you do, damned if you don't" dilemma that Nigerian leaders face with the fuel subsidy. It's about weighing the immediate political cost against the long-term economic consequences.

Buhari was moved by passion, Tinubu is an accountant and knows how to deal with numbers more.

We keep running around circles in Nigeria. The problem of Nigeria is not subsidy but the massive corruption that surrounds the petroleum industry. Tell me what exactly has changed for the better since the removal of the so called subsidy?

all of them are in trouble for smearing tinubu

Burob:
now that their Oga is gone, Tinubu can deal with those traitors ruthlessly.

The EFCC has been put on notice, he who lives in glass houses, should not throw stones.

In the 2023 budget, the Buhari administration allocated funds for fuel subsidy only for the first half of the year—January to June. But trust them to talk from both sides of their mouth—anything to confuse the gullible and push their agenda.

9jatriot:
Tell your friend that it may not have stopped by the rate has reduced

Just a friendly question, by what rate did it reduce.

LeopardX:
What about closure of the borders which led to the skyrocketing of prices of staple, everyday food?

Didn't that lead to the unimaginable loss of lives and livelihood?

Buhari's govt was a failure. His wife even confirmed that he wasn't in charge.

He's lucky Tinubu's government is worse than his, though Tinubu has what he (Buhari) no longer have - time and opportunity.

So make nobody bobo us. A man doesn't become a saint, or even a good man just because he's dead!

buhari was a failure, Tinubu also is a failure, so are you saying your prosperity has been on pause since 2015?

surgical:
The man even if he no do anything he helped pensioners, pay promptly and included them in payment of minimum wage, which made life a little bit bearable for them
But you see the agbero on the saddle now is completely removed from reality, no iota of empathy for anyone except people in his class and its because he will need their support
Pensioners are being descriminated against some are qualified for increase minimum wage why some will continue to receive old wage which no president has ever done, since everyone goes to the same market and are equally affected
Even as I type both workers and pensioners are yet to fully benefit from the minimum wage with arrears in several months, while the hardship is two years old
Tinubu is failure personified
Very self-centered

Tinubu is a monumental disaster, he has desecrated the presidential seat akin to running a state government. Some states governors implement minimum wage faster. It's sad

SmartPolician:
That was one of Buhari's best legacies

When E-Bola came on board, he shouted, Subsidy is gone.

Yet, he had no idea how to manage the aftermath of subsidy removal.

and whoever you voted for would have removed it too

dre11:
https://dailytrust.com/buhari-retained-petrol-subsidy-so-nigerians-wont-die-ex-minister/

Can someone tell the Buhari boys that the umbrella covering them has been taken away and it's not going to be business as usual from next week? They have forgotten that Buhari's influence was the reason the current Government was laying low because PBAT wouldn't want to offend PMB so as not to present a divided front. Besides, Tinubu might be considering his late partner's endorsement in the next election. Fast forward to July 15, Buhari has been buried. These crook basket mouths who ruined the country for eight years with Buhari should prepare for something big coming to them. Their stewardship is about to be opened for all Nigerians to see and most of them will run katakata out of Nigeria and many of them will forfeit their properties to the Government. Their day of reckoning is here. Funny enough, they won't be able to play the opposition card successfully. Not with Bola.

KaLuCh:
You smart oh! I just no come understand why you follow protest against Jonathan when he removed subsidy 11 years ago. Abeg, you fit shed light on the rationale behind that? I've been itching to learn. Why was removal of subsidy 11 years ago a terrible government strategy but all of a sudden deemed a masterstroke 2 years back?

Please prove me wrong and not be like the other 30k gang members who conveniently ignore the question.

I don't support any political side, and I am not an APC member (and you insult me by implying I support tinubu, because it shows you don't understand my message here).

I supported subsidy till 2011, when I finally sat down and read about it, and then became anti-subsidy.

He was a failure, period. We like to worship failures in these parts of the world. Buhari had no business as a state governor talk less of a president.

It is just the type of politics we practice in this part of the world. By 2023, there are few rail lines in place, both Federal and state owned. Dangote refinery was ready to roll out production. The CNG was already getting popular . Solar and other source of energy too. What all these mean is that alternative to petrol was already created . So, the background for removing the subsidy which everyone agrees is a drain and stranglehold on our economy was already laid. Unlike in 2012 when most of these measures were not in place. Buhari really tried. The Presidency is a tankless job . But those who know, knows and appreciate his contribution.

9jatriot:
Yet in spite of all that, the amount of insults the man got was just too much.

The reality for President Buhari was that despite incurring massive debts to fund the fuel subsidy, he remained a constant target of public insults and accusations of economic failure.

This predicament suggests a strategic calculation by President Tinubu: since a leader is likely to face continuous criticism regardless of the subsidy's status, it is more pragmatic to endure the immediate backlash of its removal and, in turn, reap the significant fiscal benefits of reduced borrowing and currency stability.

This approach, while initially painful, aims to avoid the double bind of accumulating astronomical debt while still being perpetually insulted. It was a case of "damned if you do, damned if you don't" dilemma that Nigerian leaders face with the fuel subsidy. It's about weighing the immediate political cost against the long-term economic consequences.

Buhari was moved by passion, Tinubu is an accountant and knows how to deal with numbers more.

Accountant from which school?

No be this man called a toddler his course mate?

Make una try to fear God small, I'm just begging you people.

Nawaoo!

🥱🥱🥱

Same buhari that together with tinubu told 200m people that fuel subsidy was a scam? He now increases fuel price and this guy says we should be grateful? Someone should remind God's punishment for the wicked is eternal, not a few years in jail and come back to enjoy your money.

The debt servicing rate has reduced from around 97% to 68%

Landowner101:
Just a friendly question, by what rate did it reduce.

This one think he's talking to fools. Same Buhari that removed provisions for fuel subsidy in the second half of his last budget so as to set up his successor, is the one that didn't want people to die.

Tinubu had no choice than to proceed with subsidy removal as the budget he inherited already had subsidy taken off.

Chicago State University Sir, do you also want me to show you his transcript with many distinctions?

Smartcitizen:
Accountant from which school?

No be this man called a toddler his course mate?

Make una try to fear God small, I'm just begging you people.

Nawaoo!

🥱🥱🥱