₦airaland Forum

All rice

This subsidy talk now sounds like folklore. Nigerian government would make a good series movie.

I tot GEJ was clueless when he wanted to remove the subsidy? APC are simply power hungers, no two ways about it

When did he become the Minister of Finance or a consultant to the Finance ministry ? He has now become a politician. What he should be telling Nigerians and Nigerians should be hearing from you Sir is

1. How many more refineries you can build

2. The status of all the present refineries

3. NNPC being more accountable and transparent

4. What NNPC is doing and will do to bring importation of fuel to an end and cheaper fuel prices ( the N44 talked about during election )

5. Empowering more Nigerians and the host communities

6. NNPC collaborations with both indegenious and foreign oil producing companies to create more jobs and make life better for Nigerians.

nationwide1:
But APC chieftains and supporters wanted to decapitate GEJ for ever nursing the idea of removing subsidy.


I hope the change is not fake.

It is more fake than fake sef. You go need extra large nostrils to sabi that one sha




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They should just remove this subsidy already the masses are not reaping the benefits anyway.

I know it!!! Subsidy is scam

dre11:
Until the government decides to deregulate this sector and allow for market forces to fix the prices of petroleum products......



We still be having this problem
All what government needs to do is to protect the consumers and check the actions of the downstream sector and not fix prices


Because with the fall in oil prices.... The finances of the government have dwindles and the Economy can't sustain susbidy which is running to billions.

20 trillion likes

It don dey happen

zicoraads:
It's not happening, at least any time soon. When the APC and it's hirelings went to town to protest and fight the then government of President GEJ, they didn't know that it was detrimental to the country?

Nigerians cannot afford to buy petroleum products if it is sold without subsidies. The government should instead focus on improving the standard of living of Nigerians by creating jobs, paying stipends to those that are jobless, feeding school children and so on. Only then should they even think of removing subsidy.

Unfortinately for you, it going to happen.

Buhari listens to professional advise and that why he has been employing technocrats. He seems to like putting square pegs in square holes.

Conditional Cash Transfers are the way to go in helping the poor. Give poor women with children i.e. N5,000 monthly f they send thir children to school.

Such schemes have been shown to make a huge impact on the poor and its a good return on money send. Fuel subsidies discourage investment in the oil sector and the subsidies mainly benefit the rich who really don't need it.

There are no subsidies in Benin Republic and their people are not dead. Food is even cheaper there

Government should slash import duty on food. This can also help the poor and drive growth

Islie:
This was to be expected. All the noise about fraud and NNPC reorganization was going to end up with subsidy removal. It seems every government has nothing else to offer except to talk subsidy. Go ahead and do your price adjustment, forget about the campaign promises. This time there will be no rally in Ojota because the promoters are in government. The rally in abuja won't surface because......

Is this the Change they promised us?

A very sad and depressing situation! GEJ actually meant well for us, but Nigerians, in their usual habit of enjoying today and suffering tomorrow, blindly opposed that bold move.

There is no subsidy, oil will sell at N40/litre without subsidy - Tam David-West

I don't understand the word 'Subsidy' - President Buhari

Where is the GMD getting subsidy from? The President has long told us it doesnt exist. What we are waiting for is N40/litre fuel not all this talk about subsidy, Mr. GMD please be informed.

this thing they have been crying foul about, now they cant sustain it any longer, as prophesied.

this subsidy thing reminds of my first time with a starry eyed virgin name bose.

bose: aaaaaaah

me: what!

bose: you are hurting me!

me: should I remove it?

bose: NOOOOOOOO!

Nigerians cannot afford to buy petroleum products if it is sold without subsidies. The government should instead focus on improving the standard of living of Nigerians by creating jobs, paying stipends to those that are jobless, feeding school children and so on. Only then should they even think of removing subsidy.

Absolutely! The subsidy seems to be just about the only form of social welfare Nigerians benefit from directly from the government....This is not the right time to remove subsidy at all....Nigerians should fight against it tooth and nail. These bastards make so much money occupying public service positions aka senators etc, they should reduce their salary to a reasonable amount in line with the average salary a civil servant makes!

dre11:
Until the government decides to deregulate this sector and allow for market forces to fix the prices of petroleum products......



We still be having this problem
All what government needs to do is to protect the consumers and check the actions of the downstream sector and not fix prices


Because with the fall in oil prices.... The finances of the government have dwindles and the Economy can't sustain susbidy which is running to billions.

Thank you for your insight, fixing prices while compensating deficit with government stimulus will merely drag us behind global growth. It is high time will allow market to dictate prices including our forex, its only Nigeria and Egypt that are currently fixing exchange rates, how long can we sustain it when China, second largest economy failed after many years?

eleojo23:
The economy cannot sustain subsidy but it can sustain the huge sums paid to lawmakers in the Senate and house of reps as allowances. SMH

If they want to reduced recurrent expenditure, they should first reduce the cost of governance.

yes oo, they are milking us too much ,they should reduce the cost of governance first

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If anyone loves his life, don't go for it.

Many who have gone especially the Ethiopians complain of maltreatment and overwork. Saudi's are by nature lazy.

Also, the threat of sexual abuse is high because of their very strict muslim laws that prevent contact between the sexes.

dre11:
Until the government decides to deregulate this sector and allow for market forces to fix the prices of petroleum products......



We still be having this problem
All what government needs to do is to protect the consumers and check the actions of the downstream sector and not fix prices


Because with the fall in oil prices.... The finances of the government have dwindles and the Economy can't sustain susbidy which is running to billions.

A fall in oil price should be equal to a fall in oil subsidy payment. The problem is not with deregulating the downstream sector, the problem is the corruption involved. With the current fall in oil price, subsidy payment should not even run into tens of bullion.

IzonOwei:
But I thought andd heard there was never subsidy in the first place...which do we believe in this lie lie country...

My brother I tire for APC o!


They said anything subsidy was all fraud; that there was nothing like that in existence. Why are they talking existence of subsidy now?

[size=16pt]Now is their (APC) turn, removal of oil subsidy is important. I remember APC telling the whole world that price of petroleum product supposed to be 50 naira per litre. Reality of governance is now biting them against all their unrealistic political propagandas against Jonathan simply because they want power by all means.[/size]

nationwide1:
My brother I tire for APC o!


They said anything subsidy was all fraud; that there was nothing like that in existence. Why are they talking existence of subsidy now?

Bro, that was during the campaign. Reality has dawned on them, and they're seeking ways to uphold those lies.

[color=#770077][/color] k. ILORIN1STSON

Is this the change the animal call Buhari was telling us? If you are a member of apc, just tell me and others if Buhari is not a mad man? Why on earth should a man who promised change yet continnue to do what GEJ, the ex-president was doing? Not only that, GEJ was the man apc and its members promised that all the economic policies are like darkness, yet less that three months Buhari, who is as tinny as fried plantain is also applying all the development policies of GEJ. Does Buhari thinks every Nigerian is as dunce and dull as he is? His he the only one that has exchanged is brain region with that of his cows? Thiefiakwa.

zicoraads:
It's not happening, at least any time soon. When the APC and it's hirelings went to town to protest and fight the then government of President GEJ, they didn't know that it was detrimental to the country?

Nigerians cannot afford to buy petroleum products if it is sold without subsidies. The government should instead focus on improving the standard of living of Nigerians by creating jobs, paying stipends to those that are jobless, feeding school children and so on. Only then should they even think of removing subsidy.

I object to the bolded. Does it mean everything in Nigeria as at now is subsidized?
Why are call rates and data rates getting cheaper, is it because of subsidy?