₦airaland Forum

pluto09:
I have been supporting the removal of subsidy since ya ardua era.
If the president and his team were convinced removing subsidy was good for the country, the onus is on the president to provide leadership and direction and find a way to deliver it no matter who is opposing it (that is capacity)

I like this una meaning of capacity.
if Atiku or obi wins .And does not jail wike,umehi ,baron .I will lead protest that they don't have capital. This 3 have looted this country like kilode from money saved from subsidy removal and all the borrowed funds
I now know what capacity means to you people

Streetinvestor2:
I call it scam but sec called it a business not really in existence. Abi what was the reason given by sec.
iF a business not properly operational is said to have a value of 1 shares of rice company equivalent to 12 shares of sugar company and 11 shares of salt company in my name.You will openly call me a scam but because it has to do with a billionaire with a name Dangote. You will call it a mistake or over sight
You are a typical apc person .Why are u people like this
We pointed fingers to wale and the chidi moudi but alhaji is special even when the obvious is thr.
Pls what is the situation report on the rice company today

If you call me a typical APC person then what are you. A typical obidient that knows only to insult anyone or anything. they can even insult a Palm Tree if they cannot find or use a climbing rope to use for it.

You are not different, so i am not surprised.

small thing, Insult upon insult.

na u go insult first, na u go threaten to block people as if, if you block people, they can no longer use the NSEMPA or read posts anonymously

Streetinvestor2:
See u people lol.So BAT new it was wise and right decisions but gathered at ojota to protest about it.The only mistake gej did was not arresting him and his likes and throwing them into jail.As he goes on with the policies by your capacity standards

Some people are stuck in 2012.

So Tinubu protested a policy in 2012 and later implemented it. That is called changing your mind. It happens.

The Ojota protest was legitimate then. Tinubu had every right to oppose a policy he believed was wrong. I was against fuel subsidy removal too—I wanted them to remove the corruption in fuel subsidy first.

By 2014, it became obvious that the corruption in fuel subsidy could not be removed. NNPC failed consistently on cash calls. The PIB/PIA was stalled. Our oil and gas sector had become a joke worldwide.

That is when I concluded: subsidy must go in full for Nigeria to breathe.

And to the person suggesting GEJ should have jailed the protesters—that is not a defence of the policy. That is an argument for authoritarianism. Arresting people who disagree with you is not democracy. GEJ did not jail Tinubu then. That was democracy working.

Let the past be the past. Let us manage the current situation. It is what it is.

vacanci:
If you call me a typical APC person then what are you. A typical obidient that knows only to insult anyone or anything. they can even insult a Palm Tree if they cannot find or use a climbing rope to use for it.

You are not different, so i am not surprised.

small thing, Insult upon insult.

My last sentence was the most important in that post
Pls what is the present position of the rice company that was valued 12× and 11 × of sugar and salt by alhaji.
leave insult by the side na side talk be those ones

if I called chidi moudi management of that farm as scam alert
why can't I call alhaji management of the rice company as scam alert.
I want to understand this preferential treatment in management of a said company

pluto09:
I have been supporting the removal of subsidy since ya ardua era.
If the president and his team were convinced removing subsidy was good for the country, the onus is on the president to provide leadership and direction and find a way to deliver it no matter who is opposing it (that is capacity)

There was even nothing like ''team'' when he made that comment on subsidy? Is that capacity or lack of?

Being convinced to take an action depends on the kind of thinking and advice that surrounds a person or rules the mind,
A mind that does not think deep enough, does not consult, is not truthful, is dishonest, without integrity, discipline, etc would take reckless decisions, all disguised as ''capacity''.
That is partly why a whole national anthem was changed in 2 days, without consulting the people! You call that ''capacity''?
That is partly why he caused unnecessary friction with our West African neigbhours Mali, B. Faso and Niger etc. because he recklessly issued ultimatum and threatened to invade them. Is that ''capacity''?

A mad man can also take ''bold decisions'', but how rational and productive could those decisions be?
Hitler and Idi Amin has so much ''capacity'' as well

How do you even come up with the thought process behind what you just typed? 😂

ghm:
Some people are stuck in 2012.

So Tinubu protested a policy in 2012 and later implemented it. That is called changing your mind. It happens.

The Ojota protest was legitimate then. Tinubu had every right to oppose a policy he believed was wrong. I was against fuel subsidy removal too—I wanted them to remove the corruption in fuel subsidy first.

By 2014, it became obvious that the corruption in fuel subsidy could not be removed. NNPC failed consistently on cash calls. The PIB/PIA was stalled. Our oil and gas sector had become a joke worldwide.

That is when I concluded: subsidy must go in full for Nigeria to breathe.

And to the person suggesting GEJ should have jailed the protesters—that is not a defence of the policy. That is an argument for authoritarianism. Arresting people who disagree with you is not democracy. GEJ did not jail Tinubu then. That was democracy working.

Let the past be the past. Let us manage the current situation. It is what it is.

Sebi I call SOWORE they say he no fit win na

HesInMe:
250 million people, and we can't find one competent person? Really? Even the lottery has better odds. These arguments in defence of status quo are getting crazier by the day. The other day, someone suggested everybody has a drug dealer on speed dial.

mikeapollo:
There was even nothing like ''team'' when he made that comment on subsidy? Is that capacity or lack of?

Being convinced to take an action depends on the kind of thinking and advice that surrounds a person or rules the mind,
A mind that does not think deep enough, does not consult, is not truthful, is dishonest, without integrity, discipline, etc would take reckless decisions, all disguised as ''capacity''.
That is partly why a whole national anthem was changed in 2 days, without consulting the people! You call that ''capacity''?
That is partly why he caused unnecessary friction with our West African neigbhours Mali, B. Faso and Niger etc. because he recklessly issued ultimatum and threatened to invade them. Is that ''capacity''?

A mad man can also take ''bold decisions'', but how rational and productive could those decisions be?
Hitler and Idi Amin has so much ''capacity'' as well

Did you support subsidy removal when GEJ was the president or not? It seems to me that your argument against removing it by Tinubu is because he opposed Jonathan when he tried to remove it.

I observed that too but Wale can do and undo

Jaakay:
Something is happening to Oando's buy order book. Who is buying 1.2 million shares at N34.35?

💯 TRUE

Qadaffi2idiamin:
Your last paragraph is very amazing considering the fact you're a Nigerian.

I may be wrong, you may be a Senegalese to say GEJ did not initiate bold economic reforms which would have seen the government save more through subsidy removal. Maybe you forgot how Tinubu teamed up with so many unpatriotic fellows to call GEJ slayer of the masses and organised the "Occupy Nigeria" protests which forced GEJ's government to reverse pump price.

It's either you chose falsehood or you want to sneak away from acknowledging the whole truth.

What Tinubu is doing cannot in any sense be called economic reforms. On paper it's ok but reality every credible institution points to one thing, incremental poverty!

I have always wanted fuel subsidy removed, but I never imagined it happening under a Nigerian president. Maybe I should have waited until Trump became our president! 😂

pluto09:
I have been supporting the removal of subsidy since ya ardua era.
If the president and his team were convinced removing subsidy was good for the country, the onus is on the president to provide leadership and direction and find a way to deliver it no matter who is opposing it (that is capacity)

Streetinvestor2:
My last sentence was the most important in that post
Pls what is the present position of the rice company that was valued 12× and 11 × of sugar and salt by alhaji.
leave insult by the side na side talk be those ones

if I called chidi moudi management of that farm as scam alert
why can't I call alhaji management of the rice company as scam alert.
I want to understand this preferential treatment in management of a said company

You communicate like someone who is very bitter with life.
just tone down. this life no hard like that

"..Given all of this, it is of course not surprising that Nigerian politicians are now competing to show who can bring it back in the most damaging way possible. Donald Duke, a presidential candidate who ought to know better (but who am I kidding), has promised to bring back petrol at N300 per litre ($0.23). Earlier, some guy who says he’s running for president under the SDP, bid this down to N200 per litre.

Peter Obi says he will “remove the corruption and retain the subsidy”, whatever that means. And then, today, the finance minister announced plans for a “price modulation” as the government’s response. He said it is “neither a subsidy nor a price control: it is designed to smooth prices over time rather than suppressing them”. If you believe that, then you’ll believe anything.

This is not to say that the announcement of the subsidy removal in May 2023 did not inflict a damaging wound on Nigerians that was made worse by the government’s lack of imagination or effort in cushioning the blow. All of those things are true.

But Nigerians should soberly consider that what these desperate politicians are proposing are not solutions. You can have a country (barely) or you can have a subsidy with a country attached to it, which is what the old regime turned Nigeria into.

These political promises are unserious. "

AGBA some men no get conscience sha while some women no sense shu

mikeapollo:
There was even nothing like ''team'' when he made that comment on subsidy? Is that capacity or lack of?

Being convinced to take an action depends on the kind of thinking and advice that surrounds a person or rules the mind,
A mind that does not think deep enough, does not consult, is not truthful, is dishonest, without integrity, discipline, etc would take reckless decisions, all disguised as ''capacity''.
That is partly why a whole national anthem was changed in 2 days, without consulting the people! You call that ''capacity''?
That is partly why he caused unnecessary friction with our West African neigbhours Mali, B. Faso and Niger etc. because he recklessly issued ultimatum and threatened to invade them. Is that ''capacity''?

A mad man can also take ''bold decisions'', but how rational and productive could those decisions be?
Hitler and Idi Amin has so much ''capacity'' as well

My reference to the president and his team was not for Tinubu but for Jonathan.

HesInMe:
250 million people, and we can't find one competent person? Really? Even the lottery has better odds. These arguments in defence of status quo are getting crazier by the day. The other day, someone suggested everybody has a drug dealer on speed dial.

Name one competent Nigerian president in history aside maybe Tafawa Balewa (still highly debatable too). Even now, name one really competent politician in the major/popular political class contesting for presidency.

hopeful95:
"..Given all of this, it is of course not surprising that Nigerian politicians are now competing to show who can bring it back in the most damaging way possible. Donald Duke, a presidential candidate who ought to know better (but who am I kidding), has promised to bring back petrol at N300 per litre ($0.23). Earlier, some guy who says he’s running for president under the SDP, bid this down to N200 per litre.

Peter Obi says he will “remove the corruption and retain the subsidy”, whatever that means. And then, today, the finance minister announced plans for a “price modulation” as the government’s response. He said it is “neither a subsidy nor a price control: it is designed to smooth prices over time rather than suppressing them”. If you believe that, then you’ll believe anything.

This is not to say that the announcement of the subsidy removal in May 2023 did not inflict a damaging wound on Nigerians that was made worse by the government’s lack of imagination or effort in cushioning the blow. All of those things are true.

But Nigerians should soberly consider that what these desperate politicians are proposing are not solutions. You can have a country (barely) or you can have a subsidy with a country attached to it, which is what the old regime turned Nigeria into.

These political promises are unserious. "

It is election season, politicians will say what people want to hear.

GeneralDae:
Name one competent Nigerian president in history aside maybe Tafawa Balewa (still highly debatable too). Even now, name one really competent politician in the major/popular political class contesting for presidency.

Obafemi Awolowo stands out for his record as Premier of the Western Region, particularly in education, healthcare, and public administration. His achievements are worth examining, even though his policies and political legacy remain open to debate.

Lasaco Assurance Plc set to hit N2.09 KM tomorrow?

megawealth01:
Nigeria is in the situation it finds itself today partly because of the harsh economic policies introduced under Jagaban’s administration. He needs to adopt a more compassionate approach, ease the burden on the masses, and ensure that the people feel the positive impact of governance. Economic reforms should not come at the expense of the people’s welfare; leadership must balance difficult decisions with empathy, social protection, and a genuine commitment to the well-being of citizens.

If you were Jagaban, what would you do differentl? You think Jagaban knowing he would come for reelection deliberately wants the people to suffer? Really?

hopeful95:
"..Given all of this, it is of course not surprising that Nigerian politicians are now competing to show who can bring it back in the most damaging way possible. Donald Duke, a presidential candidate who ought to know better (but who am I kidding), has promised to bring back petrol at N300 per litre ($0.23). Earlier, some guy who says he’s running for president under the SDP, bid this down to N200 per litre.

Peter Obi says he will “remove the corruption and retain the subsidy”, whatever that means. And then, today, the finance minister announced plans for a “price modulation” as the government’s response. He said it is “neither a subsidy nor a price control: it is designed to smooth prices over time rather than suppressing them”. If you believe that, then you’ll believe anything.

This is not to say that the announcement of the subsidy removal in May 2023 did not inflict a damaging wound on Nigerians that was made worse by the government’s lack of imagination or effort in cushioning the blow. All of those things are true.

But Nigerians should soberly consider that what these desperate politicians are proposing are not solutions. You can have a country (barely) or you can have a subsidy with a country attached to it, which is what the old regime turned Nigeria into.

These political promises are unserious. "

Nigeria’s fuel subsidy debate should move beyond political promises and focus on sustainable economic solutions. Reintroducing subsidies without addressing their fiscal cost, corruption risks, and opportunity costs could recreate the same structural problems that necessitated their removal.

The solution is not to abandon citizens to market forces or to return to an unsustainable subsidy regime, but to establish a transparent, targeted social protection system that cushions vulnerable households while investing in affordable transportation, healthcare, education, electricity, and job creation.

The real measure of leadership is not the ability to promise cheap petrol, but the capacity to make life affordable without bankrupting the country.

megawealth01:
Obafemi Awolowo stands out for his record as Premier of the Western Region, particularly in education, healthcare, and public administration. His achievements are worth examining, even though his policies and political legacy remain open to debate.

I am talking of the no 1 seat specifically ie prime minister/ president. But see how you struggled to pick one.

Streetinvestor2:
Do you have investment on ngx
That will go a long way for people here to be responding to your post wisely
we will like to verify u

I have given you a reply to this question before. Yes, I have investments in NGX. Is there a problem?

It seems you haven't been following my thesis. I'm not making these arguments out of hatred or political sentiment. I have said it here before that I personally benefited from Jagaban's administration when he was Governor of Lagos State.

My concern has never been about who I like or dislike politically; it is about the welfare of ordinary Nigerians. I simply cannot reconcile the pursuit of political power with a situation in which the masses are subjected to unbearable poverty, hardship, and suffering. My criticism comes from a place of genuine concern for the people, not hatred for any individual.

GeneralDae:
If you were Jagaban, what would you do differentl? You think Jagaban knowing he would come for reelection deliberately wants the people to suffer? Really?

You know, at that time, Nigeria practised a more genuinely federal system, with significant regional autonomy. The political leader who mattered most to the people of the Western Region was the Premier, not necessarily the President at the federal level.

GeneralDae:
I am talking of the no 1 seat specifically ie prime minister/ president. But see how you struggled to pick one.

yMcy56:
No Q3 results yet, except that of Transcorp Hotels.....maybe by next week...
Some Q2 self never drop.
We don't know why the unusual delay this year, maybe because it's pre-election year.

This is not good signal from ngx
How much was GTCO interim dividend.
I think I saw alert to that effect today
Some companies full yr results will not look good this yr
Nigerians no see money patronise thr goods or services

Baba Obj

GeneralDae:
Name one competent Nigerian president in history aside maybe Tafawa Balewa (still highly debatable too). Even now, name one really competent politician in the major/popular political class contesting for presidency.

AI write-ups with generic takes...Lol.

Some people are stuck in 2012 - 2014.

At some point you have to let go and move on. You can't live life carrying much hate and resentment towards your fellow humans because they disagree with you politically, are of a different ethnic stock or how they worship their God.

If you can't change your mind/opinion in the face of new and compelling information then you're not a smart person and we should genuinely question your education.

Sanusi's argument during that 2012 subsidy removal debate proves instructive. The videos are available on Youtube for anyone to watch over again. He largely predicted what's happening today. We frittered away the gains of that period and we are now paying dearly for it.

Two things can be right at the same time:
Opposing the removal of subsidy in 2012 was stupid, and saying the removal of subsidy in 2023 should be reversed is acting like an ignoramus.

Any major policy flip flop will not be good for the markets. I am sure the purveyor of the populist ideas know better than to do something that stupid.

vacanci:
You communicate like someone who is very bitter with life.
just tone down. this life no hard like that

Then again you post something irrelevant to me or the questions asked.When I talk you go call em insult
Make una follow judge this post to the post he quoted

Don't go there... No let me open wounds and can of worms

Kereokwu:
Baba Obj

megawealth01:
Nigeria’s fuel subsidy debate should move beyond political promises and focus on sustainable economic solutions. Reintroducing subsidies without addressing their fiscal cost, corruption risks, and opportunity costs could recreate the same structural problems that necessitated their removal.

The solution is not to abandon citizens to market forces or to return to an unsustainable subsidy regime, but to establish a transparent, targeted social protection system that cushions vulnerable households while investing in affordable transportation, healthcare, education, electricity, and job creation.

The real measure of leadership is not the ability to promise cheap petrol, but the capacity to make life affordable without bankrupting the country.

I agree with you on this.
I will just add that providing some of the good things you listed should not be left to the central government alone.
The sub Nationals have a great role to play too.

megawealth01:
It seems you haven't been following my thesis. I'm not making these arguments out of hatred or political sentiment. I have said it here before that I personally benefited from Jagaban's administration when he was Governor of Lagos State.

My concern has never been about who I like or dislike politically; it is about the welfare of ordinary Nigerians. I simply cannot reconcile the pursuit of political power with a situation in which the masses are subjected to unbearable poverty, hardship, and suffering. My criticism comes from a place of genuine concern for the people, not hatred for any individual.

But you haven’t answered my question. Would you have left the subsidy and naira the way they were in 2023?