Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,204 members, 7,836,004 topics. Date: Tuesday, 21 May 2024 at 07:06 PM |
Nairaland Forum / Nairaland / General / Politics / Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy (27303 Views)
Remove Subsidy, Stimulate Infrastructure, Tinubu Tells Buhari / Ben Murray-Bruce: Nigeria Should Share Work Money Not Oil Money / Remove Subsidy And Crash Your Currency - Dangote (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 1:59pm On Jan 08, 2016 |
NoMoreTrolling: I agree it sound hypocritical on the surface, but if you look inward it is justified |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 2:15pm On Jan 08, 2016 |
tswitch: |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 2:38pm On Jan 08, 2016 |
Toosure70: we will get there 1 Like |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by ShowYourCertificate: 7:32pm On Jan 08, 2016 |
tuale4u:I have a simple question for you. Subsidy was totally removed from Diesel a long time ago, so why isn't the price of diesel falling with the fall in crude oil price under Buhari's 8 months govt? 6 Likes |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 7:33pm On Jan 08, 2016 |
ShowYourCertificate: Price of diesel have fallen |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by ShowYourCertificate: 7:40pm On Jan 08, 2016 |
tuale4u:It hasn't fallen |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 7:41pm On Jan 08, 2016 |
ShowYourCertificate: Atleast there is no scarcity of diesel anymore 1 Like 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 7:42pm On Jan 08, 2016 |
Is diesel still selling for more than 150 naira a litre? |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by ShowYourCertificate: 7:49pm On Jan 08, 2016 |
tuale4u:You are very funny. You first lied that the price has fallen now you have changed mouth. The issue of scarcity can be resolved even without subsidy removal, stop deceiving yourself. These guys in govt just want to look for means to embezzle more money. If Diesel price is not falling despite the crash in crude oil price then it means the masses are being robbed in broad daylight. And same will happen if subsidy is removed from Petrol. Read the statement below: The NLC president noted that the removal and the 50k decrease in the price of petrol were all shrouded in secrecy to distract Nigerians, adding that Labour has always seen subsidy as fraud perpetrated by cartels.http://sunnewsonline.com/new/subsidy-removal-nlc-set-for-showdown-with-fg/ 5 Likes |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by NobleAngell(f): 9:04pm On Jan 08, 2016 |
Hey that was Bubu's next line of action. They stole his idea. |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by 4nobody4every1: 9:12pm On Jan 08, 2016 |
modath: |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by leel969(m): 9:12pm On Jan 08, 2016 |
Oh the power house are finally coming to join Nigeria! That's good and this means that Nigeria has forsight by removing subsidy. |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by meeklocs: 9:12pm On Jan 08, 2016 |
my own opinion is that the era of oil boom is over. when there was alot of money in oil,countries like saudi arabia and U.A.E invested the money made from oil back into their system, while in Nigeria some individuals decided to embezzle and steal the funds from our own oil boom instead of using that money to develop other sectors. whether oil or no oil saudi and the UAE will be fine oda sectors are working.in nigeria there is fire on the mountain.President Buhari has to make them cough out all this money. 2 Likes 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by psalmistkakah(m): 9:14pm On Jan 08, 2016 |
I tire everybody dey quote..ech oda |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by nenergy(m): 9:15pm On Jan 08, 2016 |
tswitch:I was against subsidy removal, but NOT for the sake of removal. I didn't trust the government of the day to properly Appropriate the money saved. Years later...I'm glad we stood against it. #DasukiGate 2 Likes 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by silibaba: 9:16pm On Jan 08, 2016 |
nice move.waiting for naija to follow check my signature to know how to make more while you spend your money |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by anonimi: 9:17pm On Jan 08, 2016 |
In Nigeria we have NEGATIVE subsidy by our rulers such that we the citizens are now paying the government subsidy on fuel. How did we allow these SCAMMERS to deceive us to this level www.nairaland.com/attachments/2091052_2084712obama4jpeg0846bececdee51cd258847b713b916e6_jpegd27f893bccf38657d36ce7d37daaa943 6 Likes 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Johnsinia(m): 9:20pm On Jan 08, 2016 |
musKeeto:you just show the whole world how stupid you are. Continue... 5 Likes 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by oyesjoy: 9:22pm On Jan 08, 2016 |
e reason for the march wasn't an economic one. GEJ's administration gaffed on the presentation and implementation like it did on so many national issues. The citizens didn't trust the government, and recent revelations about the widespread corruption in his administration have proved us right. Remember, there was partial shbsidy implementation.What was the money saved used for? The earlier PDP apologists realise that the Umbrella, and the Broom, are not bigger than Nigeria, the better. 18 Likes 1 Share, I pity you , if you are a youth, you think Nigeria is about APC and PDP, you have refuse to see the economy drowning, one day you will give birth, and leave same country for for child 2 Likes 1 Share |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 9:23pm On Jan 08, 2016 |
Johnsinia:You're welcome. |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by anonimi: 9:23pm On Jan 08, 2016 |
nenergy: www.nairaland.com/attachments/3209654_emmy20151220190316_jpegc47d052d19c3ecab65ee8172a4d0da23 www.nairaland.com/attachments/3191654_1239200310207040029852596885005702579760607n_jpeg655e00798ae6d4674d9087bb4277b198 www.nairaland.com/attachments/3206894_tmp30566fbimg1450529509545914443311_jpeg4c3407a2efe4a93f64218f856abf9b9a www.nairaland.com/attachments/3217624_screenshot201512221843041_jpeg0bca3f7425a3c05755efcce69260c694 2 Likes |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 9:23pm On Jan 08, 2016 |
oyesjoy:Heehej, abeg when was the economy ever 'floating'? |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by simpleseyi: 9:28pm On Jan 08, 2016 |
tswitch: Post election trauma. You better get over it before next election because you are going to lose the next election also. So adding this current trauma to the next election loss trauma is going to send you to psychiatric hospital. |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by anonimi: 9:30pm On Jan 08, 2016 |
musKeeto: Stop spreading LIES and rumours. It was not about the federal government but rather the 36 governors who also wanted subsidy so they can have more money to share every month. The IMPRESSION that it was about the federal government alone is part of the PROPAGANDA used to chase Jonathan out of power by the CABAL who are now in power doing their CORRUPTION quietly while shouting about others in the media without any court trial and conviction. www.nairaland.com/attachments/2606941_fuelsubsidygovernorssupport2011d_jpegc347aadcc28645a881c11e877b19ae27 4 Likes 2 Shares |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by busomma: 9:32pm On Jan 08, 2016 |
Nigerian government must follow suit. If rich & stable economies with relativity manageable populations with developed infrastructure can remove subsidy, I see no reason why Nigeria , with 19th century infrastructure can't do same & spend the funds saved from subsidy removal to upgrade the infrastructure. Thank God PDP is longer in government. Nigerians would've been very skeptical that the money will go into individual pockets. 1 Like |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Stycon(m): 9:32pm On Jan 08, 2016 |
Confronting a drop in oil prices and mounting regional turmoil, Saudi Arabia reduced energy subsidies and allocated the biggest part of government spending in next year’s budget to defence and security. Authorities announced increases to the prices of fuel, electricity and water as part of a plan to restructure subsidies within five years. The government intends to cut spending next year and gradually privatise some state-owned entities and introduce value-added-taxation (VAT) as well as a levy on tobacco. ....growing regional unrest, including a war in Yemen, where a Saudi-led coalition is battling pro-Iranian Shiite rebels. In attempting to reduce its reliance on oil, the kingdom is seeking to put an end to the population’s dependence on government handouts, However, the timing, social, political as well as economical fundamentals are critical in changing policy gear of any nation! |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by anonimi: 9:38pm On Jan 08, 2016 |
musKeeto: Because you asked and today is my Generous Friday. www.nairaland.com/attachments/2077628_BNGI782FMSI1G20150108171624_jpge5bb24791334f05106b071c3170d959d www.nairaland.com/attachments/2085409_hh_jpeg07b0e6e05a4624e7545331a83b844508 lomprico: QuotaSystem: 2 Likes |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Hakagure: 9:39pm On Jan 08, 2016 |
What is Nigeria waiting for? Kuwait has done this too... |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by cosby02(m): 9:40pm On Jan 08, 2016 |
tswitch:You are very right in your analysis as much as we were right to say NO to fuel Subsidy removal then. If i may ask you, what did dey do with the little they gained from the 2012 debacle? During protest, we saw lot of subsidy buses which entered the thin air immediately the protest was over. Am sure they would have shared it thesame way Looter Dasuki and his boys shared money meant for arms. Dont restrict your analysis to your thinking alone. |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by chyket(m): 9:41pm On Jan 08, 2016 |
The timing for this subsidy removal is not right because Nigeria is battling with 2 major issues that impact directly to the pricing of petroleum products and these are the devaluation of the naira and lack of policy direction on the foreign exchange market and consequently the scarcity of foreign exchange. 5 Likes |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Nobody: 9:42pm On Jan 08, 2016 |
meeklocs: I concur |
Re: Why Nigeria should remove Subsidy now. Saudi Arabia & UAE have dropped Subsidy by Ndeewonu: 9:43pm On Jan 08, 2016 |
Such stupeed suggestions make me KEEP MISSING GEJ! ...he is a very compassionate president Nigeria, una go hear wiinn!! 3 Likes |
2019: PDP Resolves To Change Name After String Of Governorship Losses - This Day / Defection: Saraki, Dogara May Be Removed Before Tenure Expiration / President Buhari Returns To Abuja From Egypt (photos)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50 |