Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong (10199 Views)
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by princeade86(m): 10:05am On Oct 31, 2025 |
Embezzlement is also production na Ezeama400:u dont want them to collect salary abi |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Mrchippychappy(m): 10:06am On Oct 31, 2025 |
Robbing Peter to pay Paul. I mentioned this in the thread about Artificial price reduction of food produce while taxes are being increased and most myopic Nigerians were too shortsighted to see the impending doom and how that policy is not sustainable |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by EmmyMaestro(m): 10:07am On Oct 31, 2025 |
“We have too many sycophants in government. You sit in a meeting, and someone begins with, ‘Mr. President, I thank you for your leadership; God has blessed Nigeria by making you our leader.’ By the time they finish the praise-singing that is the advice the president takes. |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by cjfavour(m): 10:08am On Oct 31, 2025 |
Bros don’t stress yourself, that helinues doesn’t think at all. Ezeama400: |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by advanceDNA: 10:12am On Oct 31, 2025 |
helinues:At least United states pay subsidy in fuel, on agric, health care , fund immigrant, pay benefits to unemployed, disabled, senior citizens, heavily fund their defence budget and the defence of other nations.... What's your own excuse for your huge debt?? Yall just borrow money to build luxury houses for judges as bribery and build 30, km road in 2.5years, pay salary that you were paying before subsidy was removed...then embezzle 70% of what u borrow and generate....then come back to tax Nigeria .... |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Sneaktee2: 10:13am On Oct 31, 2025 |
We already know that the removal of fuel subsidy has never been for the benefit of us all. It’s all about one man’s frightening greed and heeded by illogical borrowings, without considering the consequences |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by omoredia: 10:14am On Oct 31, 2025 |
Sanusi has found his voice after his brother Buhari is no more in office. Very cunny and deceptive people |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Emusan(m): 10:14am On Oct 31, 2025 |
helinues:You're wondering but never asked if US pay any subsidy. What was the lie you people were propagating to defend the subsidy removal again? |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by 9jatriot(m): 10:15am On Oct 31, 2025 |
Our borrowing really has to stop or at least reduce drastically |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by tegrianonigltd(m): 10:16am On Oct 31, 2025 |
helinues:U.S. government debt is denominated in U.S. dollars, a currency it controls and issues. It manages it using global trust and control over its own currency. Nigeria can’t do the same because it borrows in other people’s currencies and depends on external creditors. Comparison is a killer. If your man is doing wrong, call to attention, not trying to compare. If Dangote borrow and you borrow na the same? |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Pootle: 10:16am On Oct 31, 2025 |
coming from someone that wanted to print 5k note back then, all of them should go sleep in gutters |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Blitzking: 10:22am On Oct 31, 2025 |
The death triad Subsidy removal Multiple taxation Borrowing with reckless abandon The effect Impoverishing honest workers Undermining Nigerians yet unborn Increasing the poverty to self sufficiency ratio of Nigerians Reducing life expectancy |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by Hemanwel(m): 10:23am On Oct 31, 2025 |
This one is "caution" not "criticism", ko ba aka bah? |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by DonCortino: 10:24am On Oct 31, 2025 |
helinues:When you visit US you will understand why. Basic amenities working well Health care top notch Technological innovations growing rapidly A working justice system Fantastic roads and infrastructures The list goes on and on. Thus making the citizens and residents live a good life. That is what the trillions take care of. |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by DonCortino: 10:26am On Oct 31, 2025 |
He is a criminal, simply put. |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by hotseat: 10:31am On Oct 31, 2025 |
Emir Sanusi, you deserve your flowers on this one. You spoke like a man who truly knows his onions and not a bootlicker but a patriotic Nigerian without any intent at currying for favours. Tinubu is surrounded by people who are intentionally misleading him in order to feather their own nests. They careless whether he (Tinubu) succeeds or not provided they keep smiling to the bank. For over two years that subsidy on petrol was removed, it's been from one tale of woe to another. One would have expected that the savings from subsidies would be channelled into areas that would improve the standard of living of the generality of Nigerians, instead, it's been all mindless borrowings like a man possessed. Mr President should remember that at the end of the day, those egging him on to keep implementing anti-people economic policies would desert him. Tinubu: it's still not too late to turn a new leaf! @hotseat |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by anonimi: 10:32am On Oct 31, 2025 |
malali:Tinubu is borrowing more money than PDP presidents did, so he can buy votes as he does in Lagos State since 1999, to keep 20 million Lagosians in bondage of his lootocracy master plan. Datsall!! NaijaRoyalty: |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by musicwriter(m): 10:34am On Oct 31, 2025 |
This is the same thing I've said in other threads. This incessant borrowing after removing subsidy only means that we're making the loan givers rich. It's better to have subsidy and borrow, than remove subsidy and continue borrowing. Those who argued that it's better to give Nigerians the money than to IMF or others are right. If so, it means the subsidy removal is meaningless |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by anonimi: 10:35am On Oct 31, 2025 |
DonCortino:Thanks for your fantastic response. Tinubu bootlickers should tell us if Chicago or any other American city fails to employ well paid civil servants to provide water to all households. fergie001: |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by nairalanda1(m): 10:38am On Oct 31, 2025 |
The government is borrowing because the alternatives are taxing every nigerian who is not currently taxed, higher taxes on the rich, bringing back toll gates on the roads, cutting the size of the civl service, cutting government costs, cutting national assembly costs, and also actually fighting corruption You know, the above doesn't win elections. See how unpopular Millei of Argentina is thanks to his massive cuts (Matters are made worse for him in that he is trump's dear pal...). Removing subsidy reduced the amount of money used for debt service. IT did not improve overall revenue, and infact, falling oil prices means that incoming revenue for this year is already lower than expected. Throw in the fact that APC has not brought about the promised diversification of the economy....(which is a big reason for the insecurity in this awa country)...and you see the mess. But Nigerians want to believe that we are rich, and all it just takes is a leader who will fight corruption...and we will have a lot of money. If our leaders had eliminated corruption in 2024, our budget would still be scanty for a nation our size. Well, make we dey continue. Bad people generate and deserve leaders like tinubu. |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by anonimi: 10:38am On Oct 31, 2025 |
Blitzking:If the master plan is working well on 20 million supposedly smart Lagosians for the past 26 years, then why change the formula for 200 million Nigerians? anonimi: |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by BreakingNews21: 10:39am On Oct 31, 2025 |
The Emir left politics but didn't leave politics. Dumb me looked up the responsibilities of a Emir and learnt they are required to collaborate with politicians but quietly behind the scenes, according to AI. 😉 |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by culf: 10:41am On Oct 31, 2025 |
helinues:America subsidize heavily in all sector especially Agriculture.. You can go to hospital, be treated and gradually pay letter, just like school. Who do you think make all that possible? |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by just2endowed: 10:45am On Oct 31, 2025 |
helinues:because they can pay their debt by printing dollars. For nigeria, we have to work to earn these dollars thats the power of currency colonization. the new world colonization. |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by ZombieTAMER: 10:54am On Oct 31, 2025 |
malali:They told helinues that they pay monthly stipend to 15miliion poor households ![]() |
| Re: Emir Sanusi Cautions Tinubu: Continuous Borrowing After Subsidy Removal Is Wrong by yesloaded: 10:57am On Oct 31, 2025 |
helinues:What's USA landmass? WhatsApp unemployment rate in USA? Do we have the same infrastructure as USA? How many state owned hospital in Nigeria can compete with that of USA? |
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