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"When I got a call from the NSA and DG DSS to be informed Subsidy will be removed and there is no going back, I was wondering how this can be implemented, the nation was shocked by the audacity of Mr President to implement that policy, today we benefit... show more

Daddy D.O🇳🇬

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103,399 просмотров • 3 месяцев назад •via X (Twitter)

Новости и политика Финансы

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I remember we were in China when I got a call from the NSA and DSS DG to be informed that oil subsidy would be removed and there is no going back. We went into panic mode, and I sent a message to my colleague governors, and nobody wanted to hear that. I gathered my colleagues and decided to book an appointment with you to register our disagreement with the policy, but when the president invited us for dinner, we sat and listened to his vision for the country and at the end of his speech, we couldn't even bring up the topic. We didn't even know if he had gotten security reports about why we wanted to see him, but we couldn't bring up the issue. We went back to our room and decided to implement it. So we agreed to call State executive council meetings because we were expecting serious riots due to the removal of fuel subsidies. There were already bad government riots, but lo and behold, there were no riots. I think there the nation was shocked by the audacity of the president to implement that policy. Today, we benefit from that policy. In my own state, we have reduced our debt by 40%. Some states have also cleared its debts. - Governor Abdulrazaq of Kwara State (NGF Chairman) spoke yesterday on President Tinubu’s bold decision to remove fuel subsidy.

I remember we were in China when I got a call from the NSA and DSS DG to be informed that oil subsidy would be removed and there is no going back. We went into panic mode, and I sent a message to my colleague governors, and nobody wanted to hear that. I gathered my colleagues and decided to book an appointment with you to register our disagreement with the policy, but when the president invited us for dinner, we sat and listened to his vision for the country and at the end of his speech, we couldn't even bring up the topic. We didn't even know if he had gotten security reports about why we wanted to see him, but we couldn't bring up the issue. We went back to our room and decided to implement it. So we agreed to call State executive council meetings because we were expecting serious riots due to the removal of fuel subsidies. There were already bad government riots, but lo and behold, there were no riots. I think there the nation was shocked by the audacity of the president to implement that policy. Today, we benefit from that policy. In my own state, we have reduced our debt by 40%. Some states have also cleared its debts. - Governor Abdulrazaq of Kwara State (NGF Chairman) spoke yesterday on President Tinubu’s bold decision to remove fuel subsidy.

Nigerian Affairs Journal

24,974 просмотров • 3 месяцев назад

Subsidy Can Be Good If Properly Used As A Fiscal Tool - Amadi We have to admit that subsidy, as it has been implemented, has proven not to be good. But subsidy can be good. We have to admit that subsidy is a fiscal tool which government can use to boost production and consumption, which has a good effect on the economy. The manner in which subsidy was removed perhaps was not properly thought out, and the complementary policies, including the devaluation of the currency and removal of electricity subsidy, may have compounded the impact. Sam Amadi ARISE News Analyst

Subsidy Can Be Good If Properly Used As A Fiscal Tool - Amadi We have to admit that subsidy, as it has been implemented, has proven not to be good. But subsidy can be good. We have to admit that subsidy is a fiscal tool which government can use to boost production and consumption, which has a good effect on the economy. The manner in which subsidy was removed perhaps was not properly thought out, and the complementary policies, including the devaluation of the currency and removal of electricity subsidy, may have compounded the impact. Sam Amadi ARISE News Analyst

ARISE NEWS

18,179 просмотров • 24 дней назад

"...There is a need to have a governor that can go to Aso Rock and bring goodies to Osun State... You need a governor that has access to the President..." - AbdulRahman AbdulRazaq, Governor of Kwara State #APCMegalRally

"...There is a need to have a governor that can go to Aso Rock and bring goodies to Osun State... You need a governor that has access to the President..." - AbdulRahman AbdulRazaq, Governor of Kwara State #APCMegalRally

Àkànní

799,853 просмотров • 1 месяц назад

“Let us pray for our president. The money we are spending is not coming from my pocket. Because of a single decision he took, the fuel subsidy is an evil. When he removed that fuel subsidy, civil servants no longer complain about salary.” - Governor Okpebholo

“Let us pray for our president. The money we are spending is not coming from my pocket. Because of a single decision he took, the fuel subsidy is an evil. When he removed that fuel subsidy, civil servants no longer complain about salary.” - Governor Okpebholo

The Benin Blogger

12,050 просмотров • 3 месяцев назад

2027: “If I win the presidential election, I will restore fuel subsidy” — ADC presidential candidate, Atiku Abubakar Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has pledged to restore Nigeria’s petrol subsidy if elected president in the 2027 presidential election. Atiku made the declaration during a Facebook Live session while addressing questions about the removal of the subsidy and its impact on Nigerians. He said he did not initially oppose the policy but has since changed his position, questioning how the savings from the subsidy removal have been utilised. “I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security? “If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money.” President Bola Tinubu announced the removal of the petrol subsidy during his inauguration on May 29, 2023. The decision triggered a sharp increase in fuel prices, followed by higher transportation, food and other living costs. Tinubu had defended the decision, saying the subsidy had become too costly for the country to sustain.

2027: “If I win the presidential election, I will restore fuel subsidy” — ADC presidential candidate, Atiku Abubakar Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has pledged to restore Nigeria’s petrol subsidy if elected president in the 2027 presidential election. Atiku made the declaration during a Facebook Live session while addressing questions about the removal of the subsidy and its impact on Nigerians. He said he did not initially oppose the policy but has since changed his position, questioning how the savings from the subsidy removal have been utilised. “I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security? “If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money.” President Bola Tinubu announced the removal of the petrol subsidy during his inauguration on May 29, 2023. The decision triggered a sharp increase in fuel prices, followed by higher transportation, food and other living costs. Tinubu had defended the decision, saying the subsidy had become too costly for the country to sustain.

ARISE NEWS

22,331 просмотров • 29 дней назад

FLASH: Governor of Lagos State, Mr Babajide Sanwo-Olu has announced Palliatives to cushion the effect of the Fuel subsidy removal: - 50% reduction on Lagos Buses from Wednesday - 25% reduction in Yellow buses fees which will be announced officially by their body #FuelSubsidy

FLASH: Governor of Lagos State, Mr Babajide Sanwo-Olu has announced Palliatives to cushion the effect of the Fuel subsidy removal: - 50% reduction on Lagos Buses from Wednesday - 25% reduction in Yellow buses fees which will be announced officially by their body #FuelSubsidy

Jubril A. Gawat

185,746 просмотров • 3 лет назад

Video: Listen to Elder General Abdulsalam Abubakar’s comment on subsidy removal. Don’t allow Atiku to mislead you by saying he will return the subsidy; he will not. He is just desperate to be President. “The issue of subsidy has been ongoing for quite some time, and Mr. President has taken the bold step of removing it. I hope we can all support him to succeed”. ~Gen. Abdulsalami Abubakar

Video: Listen to Elder General Abdulsalam Abubakar’s comment on subsidy removal. Don’t allow Atiku to mislead you by saying he will return the subsidy; he will not. He is just desperate to be President. “The issue of subsidy has been ongoing for quite some time, and Mr. President has taken the bold step of removing it. I hope we can all support him to succeed”. ~Gen. Abdulsalami Abubakar

Babangida Jarmari🇳🇬

15,529 просмотров • 20 дней назад

I'm happy to say that the bill for the alteration of the constitution for the establishment of state police in Nigeria was passed today, and of course, I have no doubt in my mind that this is something that will be welcomed by every Nigerian. - Uba Sani, Governor of Kaduna State, speaking on the passage of the bill to establish state police by the Senate. #PoliticsToday

I'm happy to say that the bill for the alteration of the constitution for the establishment of state police in Nigeria was passed today, and of course, I have no doubt in my mind that this is something that will be welcomed by every Nigerian. - Uba Sani, Governor of Kaduna State, speaking on the passage of the bill to establish state police by the Senate. #PoliticsToday

Channels Television

28,553 просмотров • 2 месяцев назад

Rufai Oseni: “You keep criticizing President Tinubu over the removal of fuel subsidy. What would you have done differently?” Mr Peter Obi: “I didn't criticize Tinubu for removing the subsidy. I said I would have removed it, but in an organized manner. I wouldn't have announced it at my inauguration. I would have first sat down with operators in the industry because we know there is a lot of crim!nality around the subsidy. I would remove it to determine the exact amount being spent on subsidy and also address the issue of exchange rate deregulation. But in doing these things, the most important thing is to fight corruption head-on. Since the subsidy was removed, what has been the impact on the average Nigerian? We have even borrowed more money than we used to when subsidy was still in place.” — NDC presidential candidate, Mr Peter Obi.

Rufai Oseni: “You keep criticizing President Tinubu over the removal of fuel subsidy. What would you have done differently?” Mr Peter Obi: “I didn't criticize Tinubu for removing the subsidy. I said I would have removed it, but in an organized manner. I wouldn't have announced it at my inauguration. I would have first sat down with operators in the industry because we know there is a lot of crim!nality around the subsidy. I would remove it to determine the exact amount being spent on subsidy and also address the issue of exchange rate deregulation. But in doing these things, the most important thing is to fight corruption head-on. Since the subsidy was removed, what has been the impact on the average Nigerian? We have even borrowed more money than we used to when subsidy was still in place.” — NDC presidential candidate, Mr Peter Obi.

CHUKS 🍥

548,073 просмотров • 3 месяцев назад

Atiku: I Will Categorically Return Subsidy, Disregard Unauthorised Remark from My Aide Nigeria is rich enough to take care of the welfare of its citizens. Let me make it clear that my aide, Paul Ibe, was not speaking with my authority when he made remarks that contradict my policy on subsidy removal. The removal of the subsidy has driven more Nigerians into poverty than at any other time, and the fundamental responsibility of government is the welfare of the people. I will also ensure that we secure this country. We are competing against thieves: they stole the election, and now they are stealing from the economy. Atiku Abubakar, ADC Presidential Candidate

Atiku: I Will Categorically Return Subsidy, Disregard Unauthorised Remark from My Aide Nigeria is rich enough to take care of the welfare of its citizens. Let me make it clear that my aide, Paul Ibe, was not speaking with my authority when he made remarks that contradict my policy on subsidy removal. The removal of the subsidy has driven more Nigerians into poverty than at any other time, and the fundamental responsibility of government is the welfare of the people. I will also ensure that we secure this country. We are competing against thieves: they stole the election, and now they are stealing from the economy. Atiku Abubakar, ADC Presidential Candidate

ARISE NEWS

32,716 просмотров • 24 дней назад

“We said we have made savings from unifying the exchange rate, removal of fuel subsidy, even the light subsidy was removed. Tinubu is supposed to have made savings from all these subsidy removals. So where is the money?” ~Sergius Ogun responds to questions about Tinubu’s recklessness including the coastal highway project worth N15 trillion that was passed without due process.

“We said we have made savings from unifying the exchange rate, removal of fuel subsidy, even the light subsidy was removed. Tinubu is supposed to have made savings from all these subsidy removals. So where is the money?” ~Sergius Ogun responds to questions about Tinubu’s recklessness including the coastal highway project worth N15 trillion that was passed without due process.

Dr. Kenon

17,404 просмотров • 3 месяцев назад

Q: In a Symfoni interview a year ago, you said Wike is intoxicated by the money he stole from Rivers State. Can you show us the money he stole? Mr. Ewor: Perception is different from reality. What I knew then and what I know now are two different things. Then, the perception was that Wike didn’t allow Governor (Fubara) to function. Today, we have come to realize that the problem of the state wasn’t Wike, it was the inability of Sim, the Governor himself, to be open to the people of Rivers.

Q: In a Symfoni interview a year ago, you said Wike is intoxicated by the money he stole from Rivers State. Can you show us the money he stole? Mr. Ewor: Perception is different from reality. What I knew then and what I know now are two different things. Then, the perception was that Wike didn’t allow Governor (Fubara) to function. Today, we have come to realize that the problem of the state wasn’t Wike, it was the inability of Sim, the Governor himself, to be open to the people of Rivers.

Imran Muhammad

49,268 просмотров • 1 месяц назад

Kwara state Governor narrates the reactions of Governors when they were told that fuel subsidy will be removed and no going back. He said that all the Governors mobilized their security councils expecting riots and protests, because backlashes were expected. He also said that before 2023, majority of the states couldn’t afford Julius Berger, but that today JB has more contracts in the states than in the FG Infact, take a listen

Kwara state Governor narrates the reactions of Governors when they were told that fuel subsidy will be removed and no going back. He said that all the Governors mobilized their security councils expecting riots and protests, because backlashes were expected. He also said that before 2023, majority of the states couldn’t afford Julius Berger, but that today JB has more contracts in the states than in the FG Infact, take a listen

David Offor

31,307 просмотров • 3 месяцев назад

🚨 HOLY CRAP! Sec. Marco Rubio just MIC DROPPED a reporter claiming there is a "divide" between him and VP JD Vance "We have NO DRAMA, we have NO GAMES!" "EVERYONE here is aligned behind the President of the United States, every single one of us!" "The President of the United States makes the foreign policy of our country. In our job, we obviously give advice, we give counsel, we give opinions, but when the President of the United States is the one who is elected by the people of our country to conduct our foreign policy. The President makes these decisions, and all of us on his team." "Every single one of us works in LOCKSTEP very closely with one another to execute on the President's foreign policy." "Everything we do is because the President's made a decision that it's going to be done." "We have a group of people that work very well together and closely to execute on the President's directives. Which is why I think we've had good outcomes and good achievements, and we're going to continue to have good outcomes and good achievements." "Everyone has an important role to play, and everyone is playing that role and doing it in a collaborative process. And I think that serves the President well, and I think that serves the country well." 🇺🇸 We love JD and Marco!

🚨 HOLY CRAP! Sec. Marco Rubio just MIC DROPPED a reporter claiming there is a "divide" between him and VP JD Vance "We have NO DRAMA, we have NO GAMES!" "EVERYONE here is aligned behind the President of the United States, every single one of us!" "The President of the United States makes the foreign policy of our country. In our job, we obviously give advice, we give counsel, we give opinions, but when the President of the United States is the one who is elected by the people of our country to conduct our foreign policy. The President makes these decisions, and all of us on his team." "Every single one of us works in LOCKSTEP very closely with one another to execute on the President's foreign policy." "Everything we do is because the President's made a decision that it's going to be done." "We have a group of people that work very well together and closely to execute on the President's directives. Which is why I think we've had good outcomes and good achievements, and we're going to continue to have good outcomes and good achievements." "Everyone has an important role to play, and everyone is playing that role and doing it in a collaborative process. And I think that serves the President well, and I think that serves the country well." 🇺🇸 We love JD and Marco!

Eric Daugherty

384,337 просмотров • 2 месяцев назад

“ What we spend on subsidy is a waste, The new government that is coming, it will be a litmus test to know if they have the courage to remove subsidy.” “Any president tha has the temerity to remove subsidy will be respected as the president that change the course of history in Nigeria.”

“ What we spend on subsidy is a waste, The new government that is coming, it will be a litmus test to know if they have the courage to remove subsidy.” “Any president tha has the temerity to remove subsidy will be respected as the president that change the course of history in Nigeria.”

Ainà Dipo 🇳🇬

107,451 просмотров • 13 дней назад

"I subscribe, and I maintain that you need to remove subsidy. Mismanagement of the proceeds should not be the reason for not removing it. What we should have done is that, when you remove subsidy, we should have given the people alternative usage for the subsidy. What we have today is that the removal and the attendant resources being recovered are also being mismanaged and stolen" — Peter Obi at NBA conference

"I subscribe, and I maintain that you need to remove subsidy. Mismanagement of the proceeds should not be the reason for not removing it. What we should have done is that, when you remove subsidy, we should have given the people alternative usage for the subsidy. What we have today is that the removal and the attendant resources being recovered are also being mismanaged and stolen" — Peter Obi at NBA conference

TheCable

25,749 просмотров • 25 дней назад

Atiku’s Policy Pronouncements Reflect The Thinking Of An Economist - Adum There is a fundamental principle in economics, ceteris paribus, which means ‘all other things being equal.’ Atiku’s approach to subsidy removal should be considered in the context and manner in which it was implemented when he served as Chairman of the National Economic Council. At the time, one of the fundamental reasons for removing the subsidy was that Nigeria had no functional local refining capacity, as all our public refineries were completely shut down. Dr. Alex Adum, Former Attorney General And Commissioner For Justice, Benue State

Atiku’s Policy Pronouncements Reflect The Thinking Of An Economist - Adum There is a fundamental principle in economics, ceteris paribus, which means ‘all other things being equal.’ Atiku’s approach to subsidy removal should be considered in the context and manner in which it was implemented when he served as Chairman of the National Economic Council. At the time, one of the fundamental reasons for removing the subsidy was that Nigeria had no functional local refining capacity, as all our public refineries were completely shut down. Dr. Alex Adum, Former Attorney General And Commissioner For Justice, Benue State

ARISE NEWS

59,262 просмотров • 28 дней назад