₦airaland Forum

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

menxer:
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?

Mutuwa:


anyways...

I don't know how true this story is, but it's worth sharing for us to be more cautious!
Please beware of who you give lift on the road, a commuter assisted a uniformed police man while traveling; after a few poles the policeman got off the car and had secretly dropped two bullets on the floor of the car. The commuter out of divine intervention had a. Prompting to check where the policeman sat and noticed the bullets and threw them away. Shortly after a few poles he was stopped at a police checking point and properly cleared and thoroughly searched as if they knew he had something. They dismantled the seats while they communicated with someone on the phone. After several hours of thorough searching he noticed the guy he gave lift earlier had arrived at the same check point but refused to come close, and he was allowed to go. He noticed that they were startled like it's impossible. Please rebroadcast this. Many innocent persons may have been killed or jailed as a result of this wicked plot of criminal minded and wicked hearted uniformed men.

eagleeye2:
We claim to practise capitalism. But government has its hand in every pie.
Was this not the same Subsidy that GEJ wanted to remove before the #occupyNigeria movement sprang up? Had it been it was removed that time won't the market forces have regulated the price of petroleum product?
I know someone will come up and tell me that we didn't have certain things in place to remove it then. My arguement as always will be have we now put those things in place?
#occupynigeria
&
#bbog
were really used to decieve the gullible ones. Say what your must, GEJs sins would ve been overlooked had it been he was from certain region in this country.
.
For the avoidance of doubt, I am all for subsidy removal. Because I believe that government cannot sustain it for long and moreover I believe the market forces should be aloud to play its hand.
NB
I have been buying pms for #110 a litre. How much higher can it go and how much longer before the forces of demand and supply comes into play if subsidy is removed.

hedonistic:
Don't sit in your middle class bubble and imagine that all is well with the world. Many Nigerians would be further impoverished if the fuel subsidy regime is discontinued, for the simple reason that removal of subsidy will lead to higher and higher pump prices. This in turn would lead to higher prices of goods and services, including higher transport fares and higher price of foodstuff and associated items.

With the already weak purchasing power of the poor Nigerian masses and struggling lower end of the middle class (who collectively make up the majority), such pressures will entrench poverty across the land.

We know that structures and processes don't work normally in Nigeria, so all the beautiful talk about allowing 'market forces' to regulate the price of fuel is nonsense. This same argument was advanced for diesel. Since subsidy was discontinued for diesel many years ago, how come the price has always been increasing endlessly, regardless of the price of crude in the international markets? This same thing would happen with PMS, because the oil marketers in Nigeria operate as a cartel with the sole aim of colluding to rip off consumers. There will never be anything like a free market or competitive pricing in the marketing and sale of PMS if subsidies are removed. The masses would suffer for it.

isbish:
Ok sir. Just look at PMB's face and u will see he means business to make Nija great again, hence, do what's necessary Mr. Kachuks and make good change happen.

N.B...Guys please help me rejoice for a new job offer I got. Its a very good job, God (Allah) has been very favourable to me. The secret is to wake late at nyt when everyone is enjoying sleep and pray to God. That's when HE favours HIS servants the more over all times. Fast as well and be patient with God while in prayers.

Olufemiolaolu:
was gej sincere abt fighting corruption? What did jona achieve with d amount dat was removed. The SureP he created was a scam. So shut up man

ennysuccess:
Make dey remove d subsidy abeg if e go make 9ja beta even if fuel na N500 we go still buy am

lebete3000:
I'm sure you were part of those that kicked vehemently against Jonathan removing subsidy then....
The same GMB that said there's nothing like subsidy.
Nigerians are very sentimental human beings. only God can save us.

rigarmortis:
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!

anonimi:
Really

Buhari must hear this since he has CONTINUED paying subsidies for the past three months even though he said he knows NOTHING about it.
What a bloody HYPOCRITE, scammer, 419er and utterly CORRUPT individual did we vote for on March 28?
You lie,you never voted for Buhari.You & your biafrud voted Gej.pls pack well.



www.nairaland.com/attachments/2589504_subsidy2_jpeg57ea79bc1f8758353f00f8db1d53dbf1

joseph1832:
Hence your post just reminded me of this song, "e dey pain you, yes! Make I commot am, no! I go manage am so!.

I have no idea who sang it but it makes perfect sense. Economy can't sustain subsidy yet many still loot like no mans business and yet the economy still hasn't collapsed.

rigarmortis:
economics experts say Nigerian economy is miracle, no amount of learning will make you totally understand it.

grandstar:
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

hedonistic:
Don't sit in your middle class bubble and imagine that all is well with the world. Many Nigerians would be further impoverished if the fuel subsidy regime is discontinued, for the simple reason that removal of subsidy will lead to higher and higher pump prices. This in turn would lead to higher prices of goods and services, including higher transport fares and higher price of foodstuff and associated items.

With the already weak purchasing power of the poor Nigerian masses and struggling lower end of the middle class (who collectively make up the majority), such pressures will entrench poverty across the land.

We know that structures and processes don't work normally in Nigeria, so all the beautiful talk about allowing 'market forces' to regulate the price of fuel is nonsense. This same argument was advanced for diesel. Since subsidy was discontinued for diesel many years ago, how come the price has always been increasing endlessly, regardless of the price of crude in the international markets? This same thing would happen with PMS, because the oil marketers in Nigeria operate as a cartel with the sole aim of colluding to rip off consumers. There will never be anything like a free market or competitive pricing in the marketing and sale of PMS if subsidies are removed. The masses would suffer for it.

ennysuccess:
I wouldn't have kicked against it if I know that d revenue generated from d removal of subsidy will be well utilized on the interest of Nigerians but I kicked against it cause I know who Jonathan and his cabinet was and their interest in subsidy removal funds