₦airaland Forum

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

So you now trust this one?

Good

Tinubu should continue to divide the country along ethnic and religious lines

A supposed president of Nigeria,

Everyone supports subsidy but you cannot remove it till June 30th after implementing some of the demands of the labour unions

People that were all over social media supporting Buhari are those sneaking in to people's DM to beg for 1k, they wont learn

Continue supporting these evil guys that cant sacrifice any of the allowances they are enjoying because according to them Nigeria is broke

Even Tinubu was among the cabals in 2012

Who are we deceiving?

Fake news that has been exposed on twitter is what a nairaland mod is taking to front page

Gidado that died 3yrs ago?

Who is Gidado?

Una want rule us with propaganda?

How can you just copy an unverified news on twitter and push it to the front page

Show us the video of the press conference

Continue writing trash

Tinubu has already started with corruption

Subsidy that was paid till June 30

Amoda is removing it in May so he can pocket the over a trillion subsidy fund

Northernblood7:
You think they know what they are saying? They are repeating what corrupt politicians told them.

Exactly bro

Press: Mr. President, why did you remove subsidy

Tinubu: Because Obi said he would remove if elected

Goodlady:
That dog lover should rest. Chicken wey she dey chopnna another man pet. Cow wey she dey chop na another person's god.

You have said it all my dear after all they are all animal right

U

Q

DeLaRue:
The impact on overall inflation should be limited.

Diesel is a bigger driver of inflation than petrol, and the price of diesel which is not subsidised has been relatively stable.

The movement of food from the agricultural hinterlands to urban and town centres, and from the North to the South is mostly done by large lorries that use diesel. So, the overall impact of petrol subsidy removal on the price of food should be modest.

The industries producing the goods we buy, which have the power to influence the price of most goods, predominantly use diesel, not petrol. Nestle will not increase the price of Golden Morn because of subsidy removal.

Outside of private and some commercial transportation of people, petrol does not have the same impact on overall price of goods and therefore inflation as much diesel.

So, though the removal of petrol subsidy will result in some additional inflation, the inflation will be limited - spread across the entire GDP, the additional inflation should be less than 3%.

I think most people would take 3% inflation with subsidy removed than end up with Venezuela's 450% with subsidy retained.

PS: I'm not being insensitive to the plight of millions of people who will be impacted by subsidy removal, I am just trying to explain that the pain of not removing subsidy now will be worse in the long term.

This is where generations of corrupt politicians have landed Nigeria.

I'm not sure you are in Nigeria

Because if you are in Nigeria you will know how much is peak milk and bread now compared to when the price of fuel was stable during GEJ

That little increment done by Buhari from 97naira to 189naira is the reason we are paying 1,200naira for a bread of 400naira

Peak milk of 150 naira is 550naira now

DeLaRue:
1. Many of the people in these agencies are corrupt so they are rarely effective in checking corrupt practices ie, fuel smuggling, price gouging by petrol Stations.

2. Nigeria's borders run into tens of thousands of kilometres. If the government doubles the number of police, Customs, army, navy, air force etc, they still will not be able to effectively control the entire border.

3. Smuggling is only a small part of the justification for removing subsidy. The government was borrowing to pay for subsidy, yet the larger portion of the subsidy is being stolen by a few people.


Unfortunately, there is never going to be an easy time to remove subsidy without itimpacting many hardworking people. I understand that. But it has to be removed, otherwise this country will go bankrupt with the consequence that even more people will suffer.

Venezuela, one of the other high-subsidy country is on the verge of total collapse. Last week, official inflation in that country reached 450%. For comparison, Nigeria 's official inflation is 22%.

One of the reasons for Venezuela's situation is that it refuses to remove fuel subsidy.

We don't want find ourselves in Venezuela's situation.

Hmmmm...economist, so when subsidy is removed and the price of fuel jump from 189naira to 530 naira Nigerians wont experience inflation?

OAFMods:
Even with how many renowned organization stated Nigeria is under policed 1 police to like 100K citizen while USA n UK you idiot cite as example as a police to less than 100 citizen

You have a simple seamless policy that will ease a problem provide fund for more infrastructure to the populace but your foolish demented head think subsidizing fuel of the rich with many cars n factory is the way to go in 2023 ? Sir you suck behind foolishness

A grown up man that believed this 1 police to like 100K citizen

Is not suppose to discuss with people in public

You supporters of this corrupt enemy of the people are not smart at all

So if a govt cannot use all the security agencies under his watch to check the corruption in the system, the people should suffer abi?

There is EFCc, ICPC, the police, the millitary, civil defence, and so many others

Even peace corp sef

I'm surprised Atiku is still in Nigeria

News456:
Fuel Subsidy: Tinubu Does Not Know How To Rule - Atiku Abubakar

[b]The former president of Nigeria, Atiku Abubakar, [/b]has criticized the decision taken by President Bola Tinubu to remove the oil station without making it easy for the people, saying that the decision was taken without verification.

Read more
👇
https://www.truenigeriamini.com.ng/2023/06/fuel-subsidy-tinubu-does-not-know-how.html

The former president indeed

Fools reacting to irelevant things

A govt that is bereft of new ideas on how to tackle corruption in subsidy is cancelling the only policy that is beneficial to them

But instead of nationwide protest to demand for good governance and welfare package to cushion the effect of the subsidy removal,they are reacting to nonsense.

Many do not know that the removal of subsidy on flour which increased the price of bread for the common man was the major cause of the uprising in Egypt in 2011

matrixme:
Seun raised a very important argument here. Is just that obidient are such sore, toxic souls, Since Seun has not exactly been showing sympathy to their messiah's cause, they will ever be on standby to attack his ideas. Civil servants are lazy, fat and overpampered in Nigeria. Here in Abuja, many of them get free vehicles to work, live in fee houses (Or paying next to nothing), gets wardrobe, and other allowances, some of them even have official cars, yet contributes almost nothing to the economy. They go to work Mondays, Wednesdays and Thursdays arriving 10pm and leaving 3pm those days.
It is the private workers that bears the brunt of labour productivity in this country and no one is advocating their cause. I'll rather demand the government enforce increased minimum wage for private workers, albeit almost impossible. The issue of casualization of staff should be abolished. Moreso, for state governments that are bare paying salaries, where exactly will they get funds to pay an increase in civil servant's salaries? Dey play, just dey play!

Another brainless fuuul

SmartyPants:
You are comparing Nigeria with China and the US when we regularly rely on loans from those countries to sustain basic government operations? You need to understand this: Nigeria is broke! We don't have money! No kobo to even pay civil servants even at the highest level! We're in trouble!

We are broke because our leaders has refused to free up resources by sacrificing their on pay and whatever corruption they have delve into

Do you knw how much these countries borrow and how much they are owing, research

pandoragirigory:
Tinubu is trying to accelerate good governance, but Nigeria of tribalism and religious sentiments is not ripe for it, he should put some modalities in place to cushion the undesirable effects of high fuel purchase after subsidy

Stop supporting rubbish

Government all over the world are subsidizing basic needs of the people

China provides world record subsidy on cotton for its people

USA subsidize oil, Agriculture, housing, automobiles and health care

What are our govt subsidizing for its people, nothing

The only product you are subsidizing is what you want to remove because you simply have no idea on how to tackle the corruption that has engulf the policy?

If you cant, abeg step down..we have people that can sanitize the system and bring normalcy

Government all over the world are subsidizing basic needs of the people

China is provides world record subsidy on cotton for its people

USA subsidize oil, Agriculture, housing, automobiles and health care

What are our govt subsidizing for its people, nothing

The only product you are subsidizing is what you want to remove because you simply have no idea on how to tackle the corruption that has engulf the policy?

If you cant, abeg step down..we have people that can sanitize the system and bring normalcy

Ask Ghana what happened after they did the same thing

We are actually problem of Nigeria not the politician

Just read what a youth is writing, Smh!

Subsidy was supposed to run till June 30th so why are we buying fuel expensive now that its not yet July

Buharis tenure

President ..muslim

Senate president....muslim

Speaker HoR......Muslim
Deputy speaker..muslim

CJN......Muslim

bryning899:
Eluppe and their fake things are like 5and6, keep misleading your innocent people, even a fool will know this is fake........

Lolz...its fake because LP won in the polling unit?

CTC is actually the original document given to the legal team by INEC

I hope the document are kept in a safe place before we go hear say fire catch one part of the building

What APC cannot do does not exist

Remove the corruption in Subsidy not the subsidy