₦airaland Forum

Muhammadu Buhari, presidential candidate of the All Progressives Congress, APC has lashed out at President Goodluck Jonathan for reducing the pump price of petrol from N97 to N87.

Lashing out at the President via a Facebook post, Buhari wrote,”Out of desperation, GEJ’s government has increased subsidy payments and reduced fuel prices to N87 per liter. Many people think it is a good decision. But it is not.

You think you are paying less at the Petrol station, but you cannot experience much economic developments this way. Why? The monies that have been budgeted for Education, Security, Constructions and many more will be diverted to pay for subsidy as it was never planned.

Budget – $65 per barrel.
Crude – $48 per barrel.
We are losing $17 per barrel.

In recent weeks, India and Indonesia have removed fuel subsidies. Nigeria’s government decides to take on more.

Deregulation is the solution, not increased subsidy payments.

GEJ is seeking to buy your votes for N10, but your future cannot be exchanged for N10. He knows this move is not sustainable and so, he will definitely increase it, even more than N97, if you vote him in.

He waited up until 27 days to the election to make this move.

http://www.hotnigeriannews.com/news/843/buhari-condemns-the-reduction-of-petrol-pump-price.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+hotnigeriannews+(Hot+Nigerian+News)

Mtcheeeeeewwww

Naso

Lol, APC Vs PDP

enemy of progress.

Even if gej make petrol free for all, I wont vote him.
He should reduce it even more so he can be able to 'fuel' the car that's going to take him to otueke.

clevvermind:
enemy of progress.

agent of progress.

Gbam!!!! True yarn sai!!! We all remeber how jona tryd to remuv d subsidy thing even wen crude oil was stil boomin.. .. ..now with fallin oil prices he wants to bribe us with #10/liter till wen he is reelected.. .. ..bull! After him and his ijaw gangs destroy our reserves, can #10 be his best solution!?

disu buhari of a maninu, e u sabi kakuletunu! but yah bren don old inu.

Gbam!

Illiterate presidebtial candidate & illiterate supporters in apc who dont know how subsidy come about are snubbing the reduction in fuel pump price. Just like their support for bokoharam only to turn arround to blame the presidence for failing provide security.

If this statement is true, Buhari is absolutely right. We should take the opportunity afforded by the oil price fall to remove subsidy not to increase it.

Hahahaha

The illiterate general has spoken.

lol

Reading this is just like a dead spirit child seeing the reality of death

Had we known

hmm...

where are those who mocked this gesture?

that they have the audacity to still 'talk' about governance is the reason some people say democracy cannot work in Africa.

hypocrites...

Ti obinrin ko ba dan ile oko meji wo..........