Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns (5910 Views)
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by 1vandragon: 9:11pm On Aug 26 |
Atiku needs to thread this path carefully... Given that crude oil is tied to dollar for pricing, he needs to also explain how he will either divest that connection or manage it so it does not negatively impact his planned subsidy arrangement... Because it will get to a certain rate where the amount of subsidy provided would not be worth the effort. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by DeepSight(m): 9:11pm On Aug 26 |
Biodun556:If pallying your business partner means starving your children nko? That is exactly what is happening in the case of Nigeria. Besides Nigeria has many present and potential streams of business. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by Lithiumite: 9:12pm On Aug 26 |
anonimi:Why arent you tieing figures to your over tacky spread.......your amorphous propaganda makes no sense if you aren't throwing figures at it. Dangote in the last quarter got 52m barrels of crude,in just one quarter.........how much is your atiku paying for in these volume and how much will it get to the pump ,remember a barrel is now between $80 to $90......lets start the discourse from here. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by jahbenedict: 9:13pm On Aug 26 |
MoneyMan5:Nobody is against foreign investors/investment. The bone of contention is the continuous neglect of local businesses especially small and medium scale, who in fact are the highest employers of labour in Nigeria. As you run around the globe looking for foreign investors, don't suffocate their local counterparts with high interest rates, poor infrastructure, a very weak currency etc. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by U09ce: 9:20pm On Aug 26 |
SixSeven:Good insights here. I have had some thoughts along same line. Many times, the commitments are mere MOUs that hardly translate to investment on ground. It's unfortunate that to the government, the small scale guys who's investing 5m or 10m and is not repatriating the profits outside the shores of the country is thrown aside, while the whites and reds are been courted at the taxpayers' expense. If there's a good balance between both categories, then it's fine. Even the Ease of Doing Business metric is skewed towards foreign or big local investors. You'd see government constructing a road along a vibrant economic road for five years which kills businesses along that axis. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by Tareq1105: 9:20pm On Aug 26 |
watchindelta:You're uninformed. You're asking for the investors? Go to CBN site and see the volume of foreign direct investment that Tinubu has brought. Ask yourself why our macro economy is looking good. Many reasons are responsible for the stable macro economy which is majorly the foreign investment inflow. I beg let me eat. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by akpumping7720(m): 9:27pm On Aug 26 |
Wickedfacts:Musa, thread and not threat ![]() |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by Tareq1105: 9:29pm On Aug 26 |
Lithiumite:Since I read what Obasanjo said about Atiku, I don't trust him anymore. I can't trust a custom officer. Remember he's lost election 7 times and I know he's ready to fight Tinubu dirty in this his last attempt. He'll fight Tinubu, destroy him, blow some lies, use Court, use paid journalists, physical and probably spiritual to weaken Tinubu. He's ready for anything after all he doesn't have anything to lose. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by anonimi: 9:33pm On Aug 26 |
OriOko88:Atiku should bring back our prosperity, peace and security like we had before Tinubu made Jonathan a one term president in favour of Buhari. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by StreetFight: 9:35pm On Aug 26 |
AMINDA:. This one is typing from the hospital where they treat people who have soemthing wrong upstairs |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by anonimi: 9:36pm On Aug 26 |
Tareq1105:Why do you trust Tinubu despite what Obasanjo wrote about him ![]()
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| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by anonimi: 9:38pm On Aug 26 |
StreetFight:Do you know if he is one of those people who Bwala talked about below ![]()
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| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by jahbenedict: 9:49pm On Aug 26 |
flokii:The so called strong reforms were implemented about 2- 3 years ago. What are the results? Our Naira has become very weak, inflation is rampant, production has rapidly declined, unemployment is on a steady climb, borrowings/debts are on steriods, our capital budgets since 2024 have not been fully funded etc. Let's not allow the political class and their lackeys decieve us, this administration have done more harm than good. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by mhmsadyq(m): 9:53pm On Aug 26 |
Biodun556:An economy that depends on foreign investors is still vulnerable. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by PDPdestroyer(m): 9:55pm On Aug 26*. Modified: 5:34am On Aug 27 |
AMINDA:This guy is from the SE, I’ve been telling people, he just gave himself out with the bolded cc: Fsboperator, alanto seunmsg |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 9:56pm On Aug 26 |
AMINDA:Ibo man |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 9:58pm On Aug 26 |
PDPdestroyer:I don't know why the same people who insult this country every day and other nationalities in Nigeria will be so hell bent on wanting to claim identities and states of others. This is the Afro Zikist Marxist mentality that I have been warning about here . |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 10:00pm On Aug 26 |
mhmsadyq:You still need foreign inflow no mattee what . The only countries that thrive are those who have a trade surplus that is, they export more than they produce leading to a net gain in capital. China won't be what it is today without transfer of foreign capital investments and know how. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 10:01pm On Aug 26 |
anonimi:Atiku is not concerned about discussing on ending the insecurity that is plaguing his north , it is how to restart the criminal subsidy regime that he is interested in. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by mhmsadyq(m): 10:02pm On Aug 26 |
FSBoperator:We need them? Yes. Depend on them? No |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by OredoPikin: 10:08pm On Aug 26 |
Biodun556:Tinubu drug case is already a huge problem to investor |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by anonimi: 10:14pm On Aug 26 |
FSBoperator:Are you saying that Tinubu failed in this promise of ending insecurity also, just as he failed in every other thing he promised? How can he be more useless than the p in psychology? What kind of people are his followers?
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| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 10:14pm On Aug 26 |
mhmsadyq:When did economic isolationism become a good thing to you ? A lake that water does not flow into or out from will eventually dry up . |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by FSBoperator: 10:19pm On Aug 26 |
AMINDA:So how will your Atiku abolish state of origin? Will he make a decree to also outlaw ethnic identities as well and then outlaw indigenous languages, customs, cultures and history so that Nigeria becomes one big brazillesque mulatto society? Will you be ready and willing to stop being an Ibo man ? Is this why one Chima is running under NDC for Lagos House of Reps position under his pseudo name "omobarca" and dressing as a Yoruba man to hide his Ibo identity ? You people will learn to be yourselves and be by yourselves. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by JimD(m): 10:37pm On Aug 26 |
SixSeven:Everything is about looking good on paper, raising the country's debt profile while the masses suffer. And so they can continue to pile on more debt for future generations. What's the benefit of subsidy removal to the average Nigerian? None. It leads to massive inflation, which erodes the value of the currency while the country continues to look good on paper to outside investors and politicians continue to cart billions away. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by mhmsadyq(m): 10:58pm On Aug 26 |
FSBoperator:How does subsidy on petroleum amount to economic isolation? Before May 2023, were there no foreign investment to Nigeria? |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by Ankakh: 11:13pm On Aug 26 |
The controversy has since centred on whether the fiscal gains from subsidy removal have sufficiently translated into improved living conditions for Nigerians.In 2.5 years, the purported savings from fuel subsidy and FC reforms was N15.8trn and made available across the three tiers of government. Can they also highlight what has been done with these funds? What infrastructure has been started? How much was it? Who benefitted from the contract? How many people will benefit from the project at different phases? And are we still paying subsidies till date? |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by bobolaga: 12:33am On Aug 27 |
If any one of us know the game behind subsidy you will not support who is bringing back subsidy, subsidy can only work, when NNPC and NNPCL can get their own loading ships as long as they are still hiring cargo ships, with a lot delay, diversion of product, or delay tactic for about three months to any discharged location for more demurrages, that is more than money to buy ship, we all forget that Atiku is formal immigration boss so he knew how to minovery , all of the roger the doger, the problem, between Atiku and Tinubu did not start today, in short, any Northerner candidate for up coming election should keep patience for Tinubu to complete his eight years, average northers get upset when ever south west or south south are in power, they should turn a new leave in Nigeria politic, the old brain washing is over, either President Tinubu is the worst ruler on earth, let him finish what he has started. |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by AlphaTaikun: 12:35am On Aug 27 |
| Re: Atiku's Fuel Subsidy Proposal May Scare Investors, IMPI Warns by tonesky(m): 12:51am On Aug 27 |
How many investors do we have now with the Chicago local champion? |
No Atiku, Fuel Subsidy Is Gone - And It Must Stay Gone • Atiku’s Subsidy Proposal Will Take Nigeria Back To Egypt - Showunmi • Obasanjo, Gowon Started Fuel Subsidy -IMPI • 2 • 3 • 4
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