₦airaland Forum

Tunde Folawiyo Petroleum Co? That sounds like a dem dem discovery for dem dem pocket.

NYSC should please do the needful oh. Even though the labour market will increase in size it is better than delayed service.

kings09:
He shld hv just contested for d post of efcc chairman. All d confusion abt his policies n d untold hardships hv clearly show him to be an incompetent buffoon who is eating all his vomit. Subsidy removal, bowing to IMF pressure on devaluation, only God knows watelse is in store. Pls u shld tel us another story cos right now Jonathan is being as d messiah sent to us bt Nigerians rejected him

I can guess the two likes for a post that suggest a person contest to be EFCC chairman came from you remaining two monikers.
Have a nice day trolling NL Politics section and feeling insecure while the source of your insecurity makes you life better.

You mean it? Please point people to more news about it.

Nice article.

Igbiboi:
Nonsense article.

You guys are pathetically hateful. I expect the comment from ur likes and so won't feign being surprised.

If he gives monthly update they say it is progaganda, yet they are complaining of a yearly update. May be the wailers want him to update us on May 29, 2019.
That's a president not an IB parading as one and supervising corruption.

dukecharles:
You are pathetic, whose innovation is BVN, TSA, IPPS? Even deregulation and subsidy removal. Civilized people fight corruption by blocking leakages. GEJ is a civilized man, not a president that will call his citizens criminals and accept that his country is fantastically corrupt on an international media.

Your father n mama are and not me.

Donpizzle:
Lol. illiterate ruling professors. only in naija

Some professor are empty barrel. Imagine the phd holder who increased salary only to borrow to pay workers. He didn't know productivity takes care of pay n not windfall.

If that guy now gets one android phone and start typing Dullardino Burukutu Gworo chewing bastard propaganda failed promise and the likes, people like me will be calling him wailer n Lalasticlala will now want to ban him.
I blame NDLEA and MTN.

The IB Jona should be learning something now.

Niger Delta Avengers will create 300,000 jobs.

Gradually poverty will reset the heads of our leaders. They will soon start sacking those appointees

LadyExcellency:
You don't worth engaging in a debate.

Once a psycophantic zombie, always hypnotized.

The excess we had from the increase was shared by States (surep)

The indisputable stats remains that Jonathan reduced poverty by 50%, increased middle class by 30% and was instrumental to making Nigeria the highest economy in Africa and 23rd in the world.

Continue trusting Buhari while thousands die of hunger and starvation.

If the IB GEJ did all you wrote there, why was he borrowing to pay salary. You think debt increases net worth of an economy. Going by your argument' i can sense you aren't so mature. So if a man borrows to send his children to good schools and leaves behind huge debt for the children he deserves praise.
Go on and be praising a man who help enslave the unborn generation because of narrow-mindedness.

Jonathan should stop paying his online warriors for making him look so lost. Anyways they are Zombie Wailers so the must wail about this.

LadyExcellency:
The only write-up worthy of appreciation or/and reading now should be: Jonathan was right on subsidy removal.

Tell us the flaws of Ojota's sponsored bring-back our subsidy protest.

Condemn every opposition and demonization of Jonathan's administration on Subsidy removal January, 2012.

Blast every anti-deregulation cabal and opposition to Jonathan administration second push to total deregulation when he re-echoed it six months after the previous was defeated.

Do you know that the two challenges that escalated looting in Jonathan's administration was imposed on him? I mean fuel subsidy and Bokoharam. Both anti-deregulation and Bokoharam were sponsored to bring down Jonathan's administration and there they succeeded.

Let's for once appreciate some of the great policies of past administration.

Always rushing to comment half trash half sense. The OP is partially right. The write up didn't take into consideration fact that governors to were opposed to accumulation of funds into the FGs purse due to open looting going on then.
The most glaring difference between 2012 and 2016 removal is trust in leaders. Even if oil sold for $108pb at present, Nigerians would support subsidy removal because they believe the money will be well spent to alleviate their pains.

GEJ did and with oil selling for $50+ still borrowed to pay same salaries n allowances before he was booted out.
Ben Bruce should stop feigning ignorance in a bid to score cheap political point against what makes him insecure.

youngeagle:
keep on consoling your self

relate to the message and stop harrasing the messenger

youngeagle:
The worst part is that GEJ raised minimum wage and NYSC allowance as a panacea to the suffering the subsidy might cause,but our dullardiho doesn't give a damn even with the worsening economic condition caused by the dollar hike and still most Nigerians that protested in 2012 finds it hard to even condemn this act...my Hero will live longer than his adversaries wished him.

Your hero increase minimum wage and NYSC allowance but ended up borrowing to pay same salaries and allowances. It shows you GEJ was a bad leader and Buhari inherited a downward moving economy.

Emeskhalifa:
logically, the op is correct. now ask yourself this, in a month how many liter of fuel does a less privileged Nigerians use. even without the corruption, the rich ppl still benefit frm it most

You sound like you are here to just argue for the sake of it. I already point out clearly how it was meant to be a privilege proportional to what is used by all. The rich pay more tax but it isn't considered punitive measure. If the op is right then the best way to structure subsidy will be to give everybody a constant allocation of subsidized fuel thereby leaving big businesses short of it or small businesses having excess.

Unilorin of all sch.
I watch in 3d.

Yorubasgreat:
MAY BUHARI SUCCEED O. Amen!

The State of The Economy Under Buhari In Numbers

1. Zenith bank sacked 1, 200 staff
2. Access bank sacked 800 staff
3. Skye Bank sacked 400 staff
4. Unity Bank sacked 320 staff
5. Construction industry sacked 60, 000 workers
6. La Casera weeded out 1, 300 workers
7. Nigeria Stock market has lost over N3 trillion in the
last 3 months
8. Foreign investors have withdrawn over N400 billion
from the stock market.
9. Unemployment rises by over 60% in the last three
months
10. JP Morgan delisted Nigeria with over N310 Billion
lost in 24 hours
11. GDP dropped from 6.1% projected in 2015 to
4.5%
12. Ethiopia and Kenya overtook Nigeria as Africa's
number one and two for FDI, within the last three
months.
13. Naira is on a free fall. It exchanges N222, N350
and N256 against the Dollar, Pounds and Euro
respectively.
14. Companies are closing down, others are downsizing
so as to survive the visionless, rudderless and
directionless government of Buhari.
15. Inflation rate has hit 10.1%
Do you still prefer "NEPA Bill" Certificate to Degree
Certificate!
16. Boko haram has killed more than 3000 since the
past five months, the army claimed to have destroyed
all camps including reports of boko haram surrendering
in mass where as what they say is different from what
we see
On March 28, 2015, history placed us on a crossroad,
to choose between two parts: one leads to darkness and
the other to light. We thought we had easy choice to
make - choose light. But, instead they chose darkness.
Now, they are sacrificing both the past, present and future.

Which of the above did IB Jona and textbook heavyweight minister didn't predict? Buhari has reduced the magnitude of the prediction greatly and remains hero.

A call for PDP to accept their fate of largest opposition in Africa and stop requesting what they didn't do while in power.

Una no dey tire . . . Hate Igbo hate Igbo . . . and it goes on

OLADD:
Haba! Human brains are not meant to work like programmed robots. What's the news about releasing money from a signed budget? Must you hail any inconsequential statement from this propagandist govt? What a generation!

The trust people have in Buhari is undeniable. Quit trying to rig reality.

Agimor:
This thread is worthless and irrelivant.

It isn't. People who deny problems get consumed by those problems most times. The reason the Yorubas have a name for prostitution (Ashewo) and prostitutes(Olosho) but is undoubtly the tribe least involved in it. Other tribes who deny it n claim they av no name for it are neck deep in it.

crestedaguiyi:
Everybody is taking a swipe at Nigeria since the days of the due.llard of daura yet zombies say Gej messed up Nigeria image.

I don't remember us getting this manner of bashing at the international scene during the last administration

The fact that these things are being talked about points to the fact that we have a leader the world sees as being capable of confronting those vices listed.

Brutally truthful shot.

menxer:
Why not make it 5w or 10w?

it is hard to get those reduction in real life. Lots of phony marketers out there . . .

Gej wasn't trusted by even governors (APC n PDP). They preferred to share excess fund as it was being looted via phony federal expenses like BH war and so the masses were right to feel the same way and reject subsidy removal which put more money in the hands of the federal govt.
The Jonathan govt didn't show sign of blocking leakages at federal level but wanted to throw more money at the corrupt system, Buhari govt on the other hand showed its readiness to block leakages before going ahead to throw more money at a less corupt system.
The difference is clear.

GAZZUZZ:
excellent write up. Meanwhile this is a good time to ditch those V8's and cling on to a 1.3liter.

Also it is time to ditch 100w bulb that can be replace by a 40w energy saving bulb.

Sweet thread but I don't entirely agree with OP (Toks2008) . . .
That part where u said it benefited the rich more isn't technical correct.
Subsidy was suppose to be 1 of the few things to help sooth the pains of corruption n help support productivity. It was meant to be a privilege that is proportional to consumption for all. The more you use the more you get.
Why subsidize usage?
It became important to subsidize fuel because it could help sooth the pain of power shortage and lack of good roads. The government couldn't deliver good roads and power to help drive industries and improve welfare so there was need to subsidize something that affects all Nigerians in a fair manner. Petrol was used by all either directly or indirectly and therefore it was subsidized.
Saying subsidy benefitted the rich more is like saying tax collection works against the rich more because the pay more.