₦airaland Forum

The ORACLEof Nigeria economy(ATIKU) has spoken...

mercyland93:
Indept research of the economic situations of the country.
People's comments in this platform even other platforms indicates acceptance of Atiku's statement. Does it now posits that people will massively vote for Atiku ?
Anyways, my take is subsidy or no subsidy, fuel price should go down to at most #200 because fuel price is directly the yardsticks to develop the microeconomics which will positively affect citizens living conditions.

And in doing so, you would force domestic refining to end because they won't even be able to meet their overheads with that cost.

And government that is borrowing heavily to finance the budget, e go pay for subsidy with which money?

Let's be realistic, seriously. Life is hard, but another subsidy would make it harder.

Kukutente23:
They don't insult him on issues but on his personal issues like drugs and fuzzy past

You don't want to be sincere to yourself

Asiwaju has no personal issues with drugs

Gotocourt:
“You cannot subsidise capital and criminalise relief for citizens. You cannot offer cushions upstairs and call suffering downstairs reform.”

https://www.youtube.com/watch?v=2-J5CVl-Fx0

I'm now Atilulate. No longer Obedient. Anything that will bring back subsidy . I will support it

Parachoko:
You don't want to be sincere to yourself

Asiwaju has no personal issues with drugs

Go and tell US IRS and DEA

How much can you save from returning subsidy? Not up to 5 billion dollars a year. And you are not even saving the money at all but you are reducing revenue

The budget that can really help a country with like 350 billion dollars in GDP is over 150 billion dollars. We have tried a Nigeria of subsidy. It wasn't a good Nigeria

The Nigeria needed is one where total government expenditures in all tiers of government is almost 200 billion dollars. That is what is needed. Not a return to subsidy

HacheNoire:
What sought of early morning gibberish is this?

Atiku needs to fire his media team before they strip of the little respect he has left as a states man!

Did any one argue with Atiku that, that was not the sole aim of subsidy removal? Was otherwise stated?

Based on our population and demands, we needed to enact a trajectory that would improve fiscal savings, market efficiency and same time, ease the pressure on foreign exchange.

No time as anyone said it wasn’t cost passed unto consumers and I don’t know ware Atiku and his team are making up epistles about what’s not from.

You re the one talking Gibberish oo.The suffering in the Land has to be abated.Atiku is the Messiah we have been waiting for.

I'm now Atikulated. We're voting for Atiku

GEJDHERO:
You re the one talking Gibberish oo.The suffering in the Land has to be abated.Atiku is the Messiah we have been waiting for.

Hi

NIGERIAJAGAJAGA:
That's the truth there. I keep saying this. Subsidy is the only thing masses are benefiting from government. Now since they removed it, tell me what masses are benefiting from government. They will tell u they sharing it to state government which we all know that governors will siph0n the money and enrich themselves. That's why u can see 32 governors queue at Mr president back. They using the subsidy removed to enrich themselves. Government hate competition in thi3ving. Before, individuals are eating when government are paying subsidy. Now, all governors are eating it and u expect them not to queue at Mr president back. They promised us with better health care, security, good things. But none can't show for it even with heavy taxes and removing of subsidy.

God will bless u sir.... I do asked . If I don't enjoy subsidy.. what is now the benefits I deserve as a citizens of Nigeria under government.. I have left family house .. all of us cos of insecurity.. what can d government can proudly said it's providing for poor Nigerians?

no be ATIKU dey write these things. na him people dey do am

Ofunaofu:
....Describes Subsidy Removal As Pain For Nigerians, Incentive For Big Oil




https://independent.ng/tinubu-didnt-end-subsidy-he-shifted-the-burden-to-nigerians-atiku/

If you ask this nonsense atiku to tell us what Tinubu should have done he will become a dullard

Mumu candidate just like Obi

Apcpalava:
Carry your own wealth go paradise now if you can nonsencity, remember all your wealth is a vanity alaini laakaye

Talaka don drop quote.

You wey deh sick deh call person mumu

Help carry that Edo patient go psykia oh. All of unah go run leave this country if unah show face against prosperity.

Hussein035:
If you ask this nonsense atiku to tell us what Tinubu should have done he will become a dullard

Mumu candidate just like Obi

HacheNoire:
What sought of early morning gibberish is this?

Atiku needs to fire his media team before they strip of the little respect he has left as a states man!

Did any one argue with Atiku that, that was not the sole aim of subsidy removal? Was otherwise stated?

Based on our population and demands, we needed to enact a trajectory that would improve fiscal savings, market efficiency and same time, ease the pressure on foreign exchange.

No time as anyone said it wasn’t cost passed unto consumers and I don’t know ware Atiku and his team are making up epistles about what’s not from.

Please shut up you propagandist....


Do you know the meaning of subsidy?



🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

The issue is, we need intelligent people. The government could have continued subsidising fuel for the poorest Nigerians below certain financial threshold, using the CBN through banks to give 'fuel cards' to Nigerians, with this card average Nigerian can buy fuel at a subsidised rate, at any filling station nationwide, the CBN just pays the difference through the banks, for citizens captured under the fuel subsidy scheme...transporters too can be captured under this to reduce transportation costs.

HacheNoire:
What sought of early morning gibberish is this?

Atiku needs to fire his media team before they strip of the little respect he has left as a states man!

Did any one argue with Atiku that, that was not the sole aim of subsidy removal? Was otherwise stated?

Based on our population and demands, we needed to enact a trajectory that would improve fiscal savings, market efficiency and same time, ease the pressure on foreign exchange.

No time as anyone said it wasn’t cost passed unto consumers and I don’t know ware Atiku and his team are making up epistles about what’s not from.

that’s absolute and stop hiding under one finger

Wickedtruths:
Atiku didn't privatise National Assets.

He shifted ownership to himself and his cronies.

then why haven't you and your principal prosecute him. See Nigerians are wise now

Atiku my man, d guy has smthng upstairs.

How do we then account for the drastic increase in FAAC? Or maybe we should say the subsidy has gone to State Govts and LG mostly. They account for up to 60% of the funds.

Atiku should go and rest biko.

dederocs:
The issue is, we need intelligent people. The government could have continued subsidising fuel for the poorest Nigerians below certain financial threshold, using the CBN through banks to give 'fuel cards' to Nigerians, with this card average Nigerian can buy fuel at a subsidised rate, at any filling station nationwide, the CBN just pays the difference through the banks, for citizens captured under the fuel subsidy scheme...transporters too can be captured under this to reduce transportation costs.

Totally misplaced priority. Poor Nigerians don't use cars

FX:
I'm now Atikulated. We're voting for Atiku

Yes oo I am ATIKULATED

lawani:
Totally misplaced priority. Poor Nigerians don't use cars

Totally myopic, 90% of poor Nigerians use small generators run by fuel. small businesses and families across Nigeria use small generators. If government do this economy will be mobilised, the small barbing saloon, small restaurant, small shops etc will have basic power to be in businesses, and these small businesses cater to about 80% of Nigerians, if they buy fuel at affordable rates, they will sell lower to Nigerians, by doing this people have more disposable income, to save more, more savings, more investments...

This is just the plain truth

Pele oloro mr solomon

Wickedtruths:
Talaka don drop quote.

HacheNoire:
What sought of early morning gibberish is this?

Atiku needs to fire his media team before they strip of the little respect he has left as a states man!

Did any one argue with Atiku that, that was not the sole aim of subsidy removal? Was otherwise stated?

Based on our population and demands, we needed to enact a trajectory that would improve fiscal savings, market efficiency and same time, ease the pressure on foreign exchange.

No time as anyone said it wasn’t cost passed unto consumers and I don’t know ware Atiku and his team are making up epistles about what’s not from.

helinues take it easy on the twin brother of agbero chairman

If you remove subsidy, where will you shift the burden to?
What is Atiku saying please?
And NELFUND is for who?
Not the masses?