Senate Backs Subsidy Removal - Politics

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Senate Backs Subsidy Removal - Politics - Nairaland

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Senate Backs Subsidy Removal by Nobody: 1:04pm On May 17, 2016

After over one hour closed door session, Senate, on Tuesday, decided to back Federal government's decision to hike fuel price by removing fuel subsidy.

The House of Representatives on Monday had urged the leadership of the Nigeria Labour Congress [NLC] to suspend the union’s planned strike to protest.

The protest is targeted at the removal of subsidy on petrol by the Federal Government.

This was, however, after there was confusion in the House for about 20 minutes.

Some Peoples Democratic Party [PDP] lawmakers attempted to stop the appearance of the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu.

However, the Senate implored the Federal government to immediately embark on implementing palliative session that will reduce problem of Nigerians

The Deputy Senate President Ike Ekweremadu, who presided over the plenary, spoke at the end of the session.

He sympathized with Nigerians on the level of hardship in the country.

He said they would engage the Federal government to find sustainable ways to improve on the welfare of the citizens.

He also said they have resolved to engage the Labour leaders in order to resolve the issue.

http://www.elombah.com/index.php/reports/7114-senate-supports-buhari-on-removal-of-fuel-subsidy

1 Like

Re: Senate Backs Subsidy Removal by Nobody: 1:05pm On May 17, 2016

Great

16 Likes 1 Share

Re: Senate Backs Subsidy Removal by Kyase(m): 1:09pm On May 17, 2016

Keneking:
Great

Abeg help me sing dprince "on your own oooo" for me

1 Like

Re: Senate Backs Subsidy Removal by haabimbohlar(f): 1:10pm On May 17, 2016

of course they will support, to be honest there wont be any strike.

i really want to be enlighten
they keep saying removal of subsidy but the vice president says there is no such thing but the hike in PMS is because there is no enough fund in the circulation at the moment.

What is the real situation?

5 Likes

Re: Senate Backs Subsidy Removal by 9jii(m): 1:11pm On May 17, 2016

Yes
Sanate Shame the Wailers
Wailers will take walk of Shame tomorrow instead

37 Likes 2 Shares

Re: Senate Backs Subsidy Removal by TonyeBarcanista(m): 1:16pm On May 17, 2016

Poor NLC

Rubber Stamp Senate

2 Likes

Re: Senate Backs Subsidy Removal by BiafraBushBoy(m): 1:33pm On May 17, 2016

Even though I don't pay for transportation, what happens to other struggling citizens

?

PMB, get sense na...

Even if it is 120, just reduce the nonsense price of PMS..

14 Likes 1 Share

Re: Senate Backs Subsidy Removal by omowolewa: 1:40pm On May 17, 2016

They should source for money to subsidize it too

Re: Senate Backs Subsidy Removal by bender79: 1:43pm On May 17, 2016

Why can't we just allow the removal of the damn thing..let us see if at all it will lmpact our lives..

13 Likes 2 Shares

Re: Senate Backs Subsidy Removal by kuuljay(m): 1:59pm On May 17, 2016

Rubbish!!! The strike still holds in enugu,awka aba and onisha,courtesy IPOB miscreants grin

45 Likes

Re: Senate Backs Subsidy Removal by buharisbae(f): 2:08pm On May 17, 2016

yeah Good move! now Wailers can u just shut d fvck up for a second? undecided

Godbless Nigeria

13 Likes 1 Share

Re: Senate Backs Subsidy Removal by hotprayerzones: 2:08pm On May 17, 2016

God please help your children. cool

Hot prayer points: Defeating Powers That Turn Helpers Away http:///1O2KgmM

1 Like

Re: Senate Backs Subsidy Removal by Whizzdom(m): 2:09pm On May 17, 2016

Yes. The Federal Government should find a way to sustain / better the lives of people.

We all know that Buhari alone cant fix this country overnight, the man (Buhari) is trying is best, but Nigerians needs to be sustained.

And the stupid NLC and TUC should call off the already planned strike that yield nothing but more pain to Nigeria's Economy.

Instead of them to be protesting for the increment of minimum wage from N18K to N90k, they are beating around the bush, they know what should be done, but what they will steal and cheap bribes wont let them see it.

God will help us.

8 Likes 1 Share

Re: Senate Backs Subsidy Removal by hazyfm: 2:09pm On May 17, 2016

Re: Senate Backs Subsidy Removal by kings09(m): 2:09pm On May 17, 2016

Whr are d palliative n they better be ready to increase d minimum wage. Nt jst removal of subsidy, they shld totally deregulate d sector n stop fixing prices.

Re: Senate Backs Subsidy Removal by Burger01(m): 2:09pm On May 17, 2016

Good. Remove subsidy and put palliatives in place

But, NLC dey fall my hand big time. When dem suppose strike..dem no strike angry

5 Likes 1 Share

Re: Senate Backs Subsidy Removal by Nobody: 2:09pm On May 17, 2016

chai after I used all my money in my bank account to buy food

3 Likes 1 Share

Re: Senate Backs Subsidy Removal by popcykaylah(m): 2:10pm On May 17, 2016

these senate idiots...well they can sell it at 200naira but wetin me want na just three days strike make man rest grin

Re: Senate Backs Subsidy Removal by justicejay(m): 2:10pm On May 17, 2016

You will all rust in hell

Re: Senate Backs Subsidy Removal by kunta2simple: 2:10pm On May 17, 2016

kuuljay:
Rubbish!!! The strike still holds in enugu,awka aba and onisha,courtesy IPOB miscreants

Run for your life.

Re: Senate Backs Subsidy Removal by holluwai(m): 2:10pm On May 17, 2016

But 145 per litre is crazy. 110 or 120 is still okay

6 Likes 1 Share

Re: Senate Backs Subsidy Removal by Pidggin(f): 2:11pm On May 17, 2016

Suffering and smiling

Re: Senate Backs Subsidy Removal by lekanSuccess(m): 2:11pm On May 17, 2016

Why wont they back Oga....After they have all been fed dodo...Idodo is on its own na

4 Likes

Re: Senate Backs Subsidy Removal by tolexy007(m): 2:12pm On May 17, 2016

BiafraBushBoy:
Even though I don't pay for transportation, what happens to other struggling citizens?

PMB, get sense na...

Even if it is 120, just reduce the nonsense price of PMS..

Re: Senate Backs Subsidy Removal by Ptoocool(m): 2:12pm On May 17, 2016

But this won't stop tomorrow's protest

Meanwhile, #IStandWithBubu

Re: Senate Backs Subsidy Removal by kings09(m): 2:13pm On May 17, 2016

U will still buy d product @ a higher price than 120. So it's beta they totally remove it now so dat dis govt n subsequent 1s hv no excuse of payin subsidy. Jst dat they did it witout tinkin of d harsh effects wld add to d alredy bad economy. Na thr Gej get sense pass dem

holluwai:
But 145 per litre is crazy. 110 or 120 is still okay

4 Likes

Re: Senate Backs Subsidy Removal by Nobody: 2:13pm On May 17, 2016

haabimbohlar:
of course they will support, to be honest there wont be any strike.

i really want to be enlighten
they keep saying removal of subsidy but the vice president says there is no such thing but the hike in PMS is because there is no enough fund in the circulation at the moment.

What is the real situation?

The real problem is unavailability of forex to import PMS, what the govt should do is devalue the naira, and make forex available until the modular refineries and dangote refinery is completed, then we can stop importing fuel.

1 Like

Re: Senate Backs Subsidy Removal by Opharhe: 2:13pm On May 17, 2016

Diaris Goduoooo!

1 Like

Re: Senate Backs Subsidy Removal by AntiWailer: 2:14pm On May 17, 2016

haabimbohlar:
of course they will support, to be honest there wont be any strike.

i really want to be enlighten
they keep saying removal of subsidy but the vice president says there is no such thing but the hike in PMS is because there is no enough fund in the circulation at the moment.

What is the real situation?

If federal Govt can source dollars for marketers at 190 - 195 official rate, with the current price of crude oil. there might not be a need to pay any subsidy going by the landing cost calculation.

However, the sourcing of FX is not realistic and would have a very negative impact on the economy but if they allow Oil Marketers to go and source for FX at the black market (@295 +) , the landing cost of fuel will be close to 145 and that means for every litre of fuel you and I use, FG would be paying about 60naira.

With the level of corruption and Clearance letter that can be got easily without shipping any fuel, The amount to be paid would be crazy.

The subsidy should be removed once and for all.

1 Like 2 Shares

Re: Senate Backs Subsidy Removal by tiamiyukunle69(m): 2:14pm On May 17, 2016

holluwai:
But 145 per litre is crazy. 110 or 120 is still okay

honestly..... 145 is crazy, this one wey light sef no dey.......

Re: Senate Backs Subsidy Removal by ijustdey: 2:14pm On May 17, 2016

the proposed strike is dead on arrival

let tomorrow comes and let me see what NLC will do..... I feel it would be like that of the 'one man show' in Osun

3 Likes 1 Share

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