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Fuel Subsidy Impasse: Why The President Must Sack Okonjo-Iweala Now


Fuel Subsidy Impasse: Why The President Must Sack Okonjo-Iweala Now

Permalink 10:28:00 am, by kali Email , 2287 words   English (US) latin1
Categories: News, Nigerian News, World News

*Nigeria: Fuel Subsidy Impasse - Why The President Must Sack Okonjo-Iweala Now

By Kali Gwegwe

It has been very clear right from the onset that the federal government’s fiscal plan of withdrawing fuel subsidy next year is not the idea of President Goodluck Jonathan. Nevertheless, he will have to bear whatever consequences that may arise from it. This is the major reason why the president must ignore the minority clan of well-heeled elites and stand with the Nigerian masses like he promised during the campaign season. To do this, President Jonathan would have to quickly separate reality from cheer logic as being postulated by some of his lieutenants. Like the president himself observed shortly before the nomination of his cabinet, different people are in government for diverse reasons. While some are for service, others for personal gains. There are still some who seek power just to protect the interests or agendas of third party organizations. Of greater worry are those who stay in government to deliberately give counsels that will pitch the people against government. Quite frankly, the suggestion that government removes fuel subsidy as contained in the Medium Term Expenditure Framework for 2012 is one of them.

This writer does not dismiss the fact that there are gains to be made from the removal of fuel subsidy. Nevertheless, it is quite cheerless to note that the nation’s fiscal policy formulators and team of economic advisers have declined to accept the naked fact that a coin does not have only one side. This has caused them not to acknowledge that Nigeria’s socio-economic framework is still too fragile to bear the additional burdens that will come with the removal of fuel subsidy. The burden will come in the form of a weakened purchasing power of the middle and low income class workers because the prices of transportation, house rent, foodstuff, education, and health care services among others will respond to the jump in the price of fuel. Sadly, some persons either in government or heeled enough to buy fuel even at N200 a liter have been shouting on roof tops that the federal government removed subsidy on diesel and Nigeria did not collapse. On the strength of this, they argue that nothing damaging would happen even if the same thing is done to petrol. Apart from displaying crass misunderstanding of the fundamentals of political governance, the problem with this opinion is that its promoters have deliberately refused to appreciate the major causes of poverty, disease, and crime in Nigeria over the last decade. ( Continues below..... )

Nigeria Finance Minister Ngozi Okonjo-Iweala

Photo Above: Nigeria Finance Minister Ngozi Okonjo-Iweala

It is a fact that the increase in the pump price of diesel in 2009 jumped the cost of transportation. It jolted economic permutations because most manufacturers and entrepreneurs rely mainly on diesel-powered trucks to move their goods from factories to their distribution outlets. As expected, the additional cost brought about by the sharp increase in the cost of transportation was effortlessly tied on the neck of consumers. The prices of goods and services climbed up the ladder. Almost immediately, most Nigerians were unable to meet the basic needs of their families owing to the weakening of their purchasing power. For instance, families that survived on N10,000 monthly now needed between N15,000 and N20,000 because the price of almost every product or services that had something to do with diesel had jumped in response to prevailing market forces. The above picture is also an appropriate response to the argument by government that the money saved from the withdrawal of fuel subsidy would be invested in infrastructural development.

It is important to point out here that no responsible government will afford to consciously weaken the purchasing power of the citizens in order to develop her infrastructure. Poverty is growing in many developing countries, including Nigeria because attention is not given to the purchasing power of the citizens. Poverty is judged by the level of weakness of the purchasing power of citizens. Unfortunately, our fiscal policy formulators and economic advisers believe job creation is the only way to reduce poverty. There would still be poverty even now that national minimum wage is N18,000 per month. This is because, even N50,000 would not be enough to meet the basic needs of an average Nigerian family of five: father, mother, and three children. These basic needs include feeding, shelter, transportation, education, health care, and socials. It would therefore be suicidal for any government to ignore reality and continue to blindly pursue western crafted fiscal policies. It would be shocking for many to learn that in 2010, the European Union spent a whooping €57 billion on agricultural development programme. Of this amount, €39 billion was spent on direct subsidies. A total of 40% of EU’s budget goes to Agricultural and fisheries subsidies. Who is fooling who? The World Bank and IMF are fooling Africans. If advanced democracies do not subsidize fuel, they would subsidize agriculture, housing, transport, or health care. It is left for every government to identify the critical sector to intervene. Frankly, it would be wide of the mark for Nigeria to remove fuel subsidy because Britain or the United did so. Unfortunately, our fiscal policy formulators and economic experts are mere copy-cats. Perhaps, this was the reason why the late afro-beat icon, Fela Anikulapo Kuti asked Africans to follow western polices with caution.

As much as the development of critical national infrastructure is important, deliberate fiscal policies must also be developed side-by-side to strengthen the purchasing power of the citizens. In addition to the creation of new jobs, the removal of fuel subsidy will enable government build more roads, schools, and hospitals etc. We must however accept the fact that citizens will still pay for services rendered in the new hospitals and schools that will be built with money saved from the withdrawal of fuel subsidy. The transporters that will use the new roads and rail lines will not keep fares down because they were built with money saved from the removal of fuel subsidy. With the weakening of the purchasing power of citizens, poverty will not allow the masses to enjoy the benefits of the new infrastructure government intends to develop. ( Continues below….. )

President Goodluck Jonathan of Nigeria

Photo Above: President Goodluck Jonathan of Nigeria

It is not healthy for a people to forget their history too quickly. The West is not happy that Africa ran away with political independence so soon. Colonization was mainly the exploitation of human and material resources of weak nations to protect the economies of world powers. Owing largely to worldwide censure of obnoxious political cultures, Western democracies have now found it convenient to hide behind the World Bank and IMF to deny developing countries economic independence. Political independence without economic independence is as bad as colonialism. It is whispered in international circles that Africa’s economic independence will spell doom for the economies of Europe and America. This is one strong reason why African political leaders must be careful with whatever that comes out of the World Bank and IMF. It must however be noted that most Africans do not even know that they are being used to destroy the economies of their own countries. One of such person is Dr. Ngozi Okonjo-Iweala, the Coordinating minister of the Economy and minister of Finance. In one my earlier articles on fuel subsidy removal, I had described Okonjo-Iweala as “a patriot blinded by the West.” She is indeed a patriot but an involuntary victim of Western manipulations. I came to this conclusion after a very careful consideration of a wide range of issues bothering on the fundamental essence of political governance.

Good governance is the road that leads to economic growth and political stability. A prominent feature of good governance is mass participation. Because of exigencies, it will not be convenient for citizens to vote on every government policy. The masses are therefore left with no better option than to invest their confidence in elected and appointed officials. Ordinarily, these officials are supposed to protect the wider interests of the society. This has never been the case. Most elected and appointed officials simply ignore the feelings of the people and follow their shallow and narrow minds. This is responsible for why several government policies are anti-people. The planned removal of fuel subsidy is one of such policies. It would do the Nigerian masses more harm than good.

One thing has become clear following the debate that has trailed the decision of the federal government to remove fuel subsidy next year. There is no enough money to sustain the nation’s socio-economic framework. Unfortunately, the well-motivated fiscal policy formulators and hoard of economic experts have run dry of ideas to help raise the needed funds to keep the nation afloat. This problem is caused by their refusal to accept the open fact that a coin does not have only one side. They always see and reason based on the side of the coin they are facing. Little wonder why only a few wealthy Nigerians who can afford to buy a liter of fuel even at N200 are supporting calls for the removal of fuel subsidy. I am very convinced that they would all sing a different song if they earn N100,000 a month. By their mien, those calling for the removal of fuel subsidy have joined spirit with Cain who queried God for expecting him to be responsible for his brother’s safety or good.

It is the fundamental responsibility of government to see that the welfare of the citizens is protected through deliberate policies with human face. The planned removal of fuel subsidy would not have human face as far as the masses are concerned. Government should rather look for other means of raising money to fund the nation’s socio-economic framework. In the last five decades, it has been the low and middle class that have carried the burden of national transformation, leaving the wealthy few to swim in their typically questionable affluence. Government can raise up to N1 trillion by imposing 2% annual tax (for 5 years from date of purchase) on every private car above N3 million, 2% tax on every private residential house costing more than N7 million, 1% on local flight tickets/2% for international flight tickets, 2% tax on accommodation in luxury hotels, and 50% reduction in the salaries and allowances of elected and appointed government officials. ( Continues below….. )

Workers at work in a Nigerian oil rig

Photo Above: Workers at work in a Nigerian oil rig

Because of the hot political wind that is blowing across Africa, Nigerian masses have been weaned and would not be ready to tolerate further abuse of their corporate rights by government. Going by the colour of anger being expressed by many, it is very likely that the masses would raise their voices against the Goodluck Jonathan administration if it goes ahead with the planned removal of fuel subsidy next year. This is the ultimate desire of the West. They want Nigeria and the rest of Africa to be continuously enmeshed in political turmoil in order to sabotage her economic recovery efforts. Already, the United States believes that Nigeria will disintegrate by 2015. Seen and unseen hands have been positioned to turn the masses against President Jonathan. In return, the Niger Delta people will be instigated to cry fowl and forced to rock the foundation that carries the destiny of Nigeria. This is the wish of the developed West. It is fore this reason that President Goodluck Jonathan should sack the Coordinating minister of the Economy and minister of Finance for not reading the hand writing on the wall. She clearly has no answers to the economic problems of the country. Nigeria needs indigenous solutions to our national problems.

The fuel subsidy culture is a shame. As the world’s sixth largest producer of crude oil, Nigeria does not have any excuse to import fuel to service local demands. The federal government can end fuel subsidy by making our four refineries work at optimum capacities. Of all the OPEC countries, the pump price of petrol is costliest in Nigeria. Why is this so? Is there anything other OPEC countries are doing that we are not? This is the question our nation’s fiscal policy formulators and economic experts should have asked themselves. Instead, they are pouncing on poor and hungry masses to cover up their incompetence. President Jonathan must sack Okonjo-Iweala now before she puts him and Nigeria in serious trouble. This country is bigger than any one single individual.

Nigeria belongs to Nigerians. The oil and gas wealth belongs to Nigerians as well. We therefore have every corporate right to enjoy the benefits of oil and gas just like citizens of other OPEC countries are doing. Let us find out how is it that a liter of petrol sells for about N18 in Saudi Arabia and just N9 in Venezuela.

The fact that our oil industry is fowled by corruption is no longer in doubt. What is in doubt is the desire or ability of government to tackle the cabal that has for so long been milking the Nigeria people dry through fuel subsidy. This writer does not however support the idea of punishing the masses through the withdrawal of fuel subsidy as an option to fight the cabal that is hiding behind subsidy to milk the nation of trillions of Naira. Making our refineries work at optimum capacity is the best way to end fuel subsidy. The pump price of fuel will climb down below N65 if petrol is refined locally. Let us study the Venezuela model and do same in Nigeria. Sack Okonjo-Iweala now! She has no answers to the problems of our national economy.

Kali Gwegwe, CEO, Nigeria Democracy Watchtower writes from Yenagoa, Bayelsa State and can be reached at kali.gwegwe@nigerianfootballpost.com ( 0806 407 4810 )

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Comment from: chuma Nkemena [Visitor]
chuma NkemenaI must not fail to commend Mr Kali on his obsevations. Am I led to believe that in country like Nigeria there are no Economists able to see the truth in what Mr Kali is saying or have their silence been bought?. Look at Venezuela fuel is basically the cheapest commodity. As pointed out are these ppolicies made for the good of the citizens or for a select few that will benefit? We have four refineries our daily output is enermous to substain us yet we hear of fuel scarcity. Can someone please tell me why? Am not calling on the sacking of the Minister but my question is whether she is fully aware of the knock on effect? Or she is being advised by a bunch of yes men afraid to voice their misgivings or is she the sole policy maker? Madam please go back to the drawing board and dot your i's and cross your t's. Do what is right look at the Venzuelan model and leave a legacy . Go girl you can do it and I bet you you will sleep easier at night. The Lord is your strength.
11/08/11 @ 11:15
Comment from: Jeff Adedoyin [Visitor] Email
Jeff AdedoyinPetrol is used mainly in nigeria for the transportation of the masses; can we not register all commercial vehicles in the country and give them a card with which they can only use to fill up there thanks twice daily and every other commuters with private vehicles like me can pay the full gas prices at the pumps?? This way the masses will be saved from these hardships (cos the majority of the poor masses uses commercial vehicles). Anyone able to buy a car shud be able to pay the full prices!! This way everyone is a winner, Govt is able to make savings to build infrastructures and the poor masses are still catered for; crisis averted!! All the taxes mentioned above could still be implemented for the betterment of the country...why is it so hard to make things simple??! Registerd companies that transports Goods can also get exemption at the pumps, however the system to capture this needs to be robust to detect dodgy peeps! We all become a winner!!
11/08/11 @ 12:17
Comment from: UKO FELIX [Visitor]
UKO FELIXJonathan shd nt sack her. Sacking her is d Nigerian problem.
11/08/11 @ 12:47
Comment from: SUNUSI USMAN SULAIMAN [Visitor] Email
SUNUSI USMAN SULAIMANFirst of all I must show my appreciation and feeling to MR KALI on tremendous effort made on how to tackle political and economic situation in Nigeria. I am hundred percent supporting this issue and you are the kind of people that we want in Nigeria but unfuortnetly lost. Thanks for your patronage.
11/08/11 @ 13:54
Comment from: comr solomon ogoron [Visitor]
comr solomon ogoronso it is not possiable to know those that have the people interest. Considering the cry of the masses. Fuel subsidy is a no go area. We de suffer, What is wrong with our refinary.
11/08/11 @ 14:18
Comment from: Sirajo Akawu Zubair [Visitor] Email
Sirajo Akawu ZubairWe are grateful Kali has said the truth to our Ungodly leaders.
11/08/11 @ 14:40
Comment from: Forfaka [Visitor]
ForfakaIt seems as if Mr.Kali Gwegwe has got an axe to grind with Madam Okonjo - Iweala.His low quality diatribes
directed against this noble lady is very unbecoming
of him.
The mere suggestion that Madam Okonjo - Iweala is a
mole planted by the West in our Government to ruin
our economy is ridiculous.That sounds like a paranoid
communist propaganda.The expenditure of individual
Nigerian citizen is not pegged to our imported oil and
the subsidy that goes with it nor does it revolve on
It is only in a communist economy that imported goods
are subsidized and that explains why world communism
collapsed.Nigeria is not a communist country.
Mr.Kali Gwegwe's call for the resignation of Madam
Okonjo-Iweala is an insult too far not only to her
but to her boss,our President.
11/08/11 @ 15:14
Comment from: SANYA EDET EMEKA [Visitor]
SANYA EDET EMEKAI think the democracy we are talking abt ,the military system is gradually best compared to what is going on. It is so simple, the people who think,they are the Economist we have in the country should wake up, democracy is not an individual thing ,it is meant for the masses. People can no longer talk again becuz there are @ the downstream, Government wake up pls, we are still watching, let the govt. not do things that we would start acting like Libyans here, we are ready to do otherwise this sake, if fuel subsidy is removed,we will experience more than a civil war,the one Boko Harams are doing, is going to be too small compared to what will happen. Dr. Ngozi Akonjo-Iweala, with due respect,just ask the Economist of Venezuala what they did that led to the total reduction in fuel price and not to help the poor masses make their problem more complex pls.
11/08/11 @ 16:29
Comment from: Charles Okiroro Akeni [Visitor]
Charles Okiroro AkeniWho will educate the Nigerian public on this matter? So many Nigerians do not know where the problem lies. Did the Government consult you before they started the subsidies? Why should you be consulted now that they want to remove it? Now that they know fuel subsidy is killing Nigeria and they are removing it, we should thank our God. The old rickety refineries will be sold and new very efficient ones will be built. Nigerian will be employed refining our crude oil instead of carrying it abroad for other country children to refine and sell to us at exorbitant prices which our government pays for in the name of the "ill-advised, very ill-advised" subsidy. All those against fuel subsidy removal should shove their ignorance where it hurts them. They are mere fools as far as industrialization of a country is concerned. Okonjo-Iweala is the best thing to happen to Nigeria. Treasure her. YOU IDIOTS. Anyone against fuel subsidy removal is a complete God-forsaken idiot. He or she should be carried up and dumped in the middle of the Atlantic Ocean. Mr. President, please carry on and remove the hated subsidy in all its ramifications. We are behind you all the way.
11/08/11 @ 16:36
Comment from: Uche David [Visitor]
Uche DavidIt is unfortunate that the president, under the direction of the coordinating minister, Okonjo Iweala, is pandering to the whims of some rich people who stand to profit from the economic crash that will happen if the fuel subsidy is removed. Logically, shouldn't safety nets be placed first before the subsidy is removed? Or are we to crash first before the safety nets are placed? The president, who was elected on a platter of sympathy, has a grand opportunity to make his mark as a great Nigerian, and he can only do this by working for the people. If he goes ahead to listen to Okonjo Iweala and her cohorts who, quite surprisingly, do not understand the economy of this country, not only will the repercussions be epic on all levels, the president would have secured his position as the worst leader in our history.
11/08/11 @ 17:23
Comment from: ibrahim babangida [Visitor]
ibrahim babangidakai shege ubanka foolishe phifool, remove subsidy, we will buy fuel even for black market.
11/08/11 @ 19:17
Comment from: Ukonu [Visitor]
UkonuIt is very disturbing to read that at this time Nigerian economy is tithering at the brink of colapsing and the masses overburdened with poverty that the Nigerian government is thinking of withdrawing fuel subsidy. First, the country has not the capacity to manage the removal of fuel subsidy nor does it have any plans in place to manage the fallout. The implications of subsidy removal is soci-economically enormous.

I do believe the government as always have taken the governed in Nigeria for granted for so long that they think they can get away with anything. I am yet to see any public debate with convincing presentation on the present state of the Nigeria economy with fuel subsidy and the further economic public presentation on the impact the removal of fuel subsidy would have on Nigeria.

It is when these presentations are made that Nigerians can be in a better position to accept or refuse the removal of fuel subsidy.

But to me the present situation where some privileged Nigerians covertly allocate fuel import licence to themselves and there cronies fuel import licences is not an encouraging environment. As for sacking Dr Okonjo-Iweala is not advisable at this time but Ngozi Okonjo-Iweala has to be careful, witty and media savvy at this dangerous time when Nigerians are trying to anchor blames on anybody.
11/08/11 @ 22:51
Comment from: Metty James [Visitor]
Metty Jameseven if a loaf of bread is sold for 1,000 in nigeria today, God is able to provide for his children, very soon God will cause what happen to Politicians in Ghana to repeat it self in nigerain than change will occure. God will help Nigerian
11/09/11 @ 05:11
Comment from: Von Hitler [Visitor]
Von HitlerI wish Nigerians could read book" Confession of an Economic Hitman" by John Perkins and ask questions on whose interest the Minister is serving

"According to Perkins, he began writing Confessions of an Economic Hit Man in the 1980s, but "threats or bribes always convinced me to stop."

According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book

that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals." (Wikipedia)
11/09/11 @ 06:29
Comment from: Ibe.[ from UAE] [Visitor]
Ibe.[ from UAE]Many Thanks Mr Kali, you have made a good points that requires no answer but for Government [ Goodluck Jonathan] to take it as a word of wisdom. Once again thanks for this words.
11/09/11 @ 07:42
Comment from: Yemi Adeyemi [Visitor]
Yemi AdeyemiI would appeal to the Authority to try Mr. Kali Gwegwe taxation formular for three months and see the effect. I strongly buy the idea of taxation of 2% on cars above N3m, 2% on private residential buildings valued above N7m, 1% on local flight, 2% on international flight, 2% on luxury Hotel accomodations and 50% reduction on salaries and allowances of elected and appointed Government officials at all levels. The taxation will only affects the rich among us and it will assist in distribution of wealth in the country.
11/09/11 @ 10:15
Comment from: Forfaka [Visitor]
ForfakaAs an addendum to my previous comment on this oil
subsidy brouhaha,I will like to let the public be
aware of what this dubious oil subsidy is all about.
The oil subsidy is nothing but a scam and the fleecing
of our nation of our oil revenue.Our Government
supplies daily a half million barrels of our high
quality and much sought after crude oil to a notorious
oil company,Trafigura in the Netherlands.
Trafigura supplies Nigeria through it local agents,the
erstwhile oil bloc barons.The quality of this oil is
far worse than that currently refined by the locals of the N'Delta.This imported and subsidized oil causes not
only damages to motor engines but poses a hazard to our
health and does irreparable dmages to our environment.
Mr.Kali Gwegwe is a paid agent of the oil barons who
are behind this campaign for the removal of oil sub-
11/09/11 @ 12:08
Comment from: Tunde [Visitor]
TundeOil subsidy removal should not be seen in the light of revenue generation alone, but a way of reviving and maximizing the potentials of the petroleum sector which can only be the driver of economic prosperity; job creation and poverty alleviation. Take the telecom sector for instance; private investors have built that sector so much so that we are all beneficiaries in one way or the other. Compare the present state to then when we had only Nitel functioning. When you deregulate the petroleum sector, u remove corruption and pave way for stiff competitions among investors. New refineries petrochemical and allied industries will be built by the multinationals and private investors. The rate of unemployment will be grossly reduced, so also will be poverty. Too many dependency on the working class is the real cause of poverty in Nigeria. A small propotion surviving the majority.
11/09/11 @ 13:20
Comment from: Abraham [Visitor]
AbrahamWhen criminals are in power,the masses suffer.The president should know that when this country bursts in flames,the military might cannot contain the anger of the masses.The national assembly is not the nigerian masses neither are the ministers.You better beware we are watching you.
11/09/11 @ 13:43
Comment from: daniel - usa [Visitor]
daniel  -  usawhy sack anybody? i was impatient, and did not read this except, but it is only right to assume that nigeria has been on self distructive trajectory. a few months ago our goodluck jonathan took $2 billion dollars to celebrate nigeria at 50 in britain. couldn't
$2 billion dollars build a brand new refinery here in nigeria? if this was done, harliton who now refine the nigeria oil will be sent packing, and the idea of fuel subsidy or no fuel subsidy wouldn't have been in the agenda of things.
11/09/11 @ 14:18
Comment from: Tonyblaze [Visitor] Email
TonyblazeInfact am very very impressed with all these coment am going through, definitely there is still hope 4 we d masses, i could remember a saying dat when two elephants are fighting d grasses around suffers most. So mr President "we de ves, we de angry, we re nt happy anymore 4 whats happening in our country. Changes we need, or else revolution we soon take place.
11/09/11 @ 14:48
Comment from: Rev. T. M. Zubairu [Visitor]
Rev. T. M. ZubairuThe plan to remove fuel subsidy is clearly a plan against the interest of the masses of Nigeria. While it is a fact that infrastructure needs serious attention, there are other alternative ways as suggested by the article to raise money that the removal of fuel subsidy. The West heavily subsidizes agriculture to keep food affordable to its population. They know that doing otherwise would spell disaster for their nations. Both America and Europe have on going economic issues but are not contemplating the removal of agricultural subsidies.
President Goodluck should beware of those who would cause him to implement policies that would tear Nigeria into shreds to the delight of the West.
If we can tackle corruption headlong in Nigeria, we will generate enough money for development.
We should be careful not to follow the beat of the West and dance to our destruction.
11/10/11 @ 02:45
Comment from: N C Gabriel [Visitor] Email
N C GabrielGoodluck Nigeria is now turn into Badluck Nigeria. If it demands dat de finance minster should be ramoved den she should be made to leave dat office immidatelly without ratationalizing any fact. Now to you mr. President, bear it in mind dat if those dat stood under the sun to vote you in should knee under the rain to lay a curse on you then, you are a gone man,...... Don't be a disgrace to the southsouth please!
11/10/11 @ 03:30
Comment from: UGBOKA T [Visitor]
UGBOKA TNigeria has enough money to make her refineries functional.The government is not subsidising anything on fuel.They are only paying for extra cost of refining our crude abroad.It is painful that our president is educated yet we are in this terrible dilemma.If the President can be bold enough to take the right decision we the youths are many behind him even in prayer.
11/10/11 @ 04:37
Comment from: Mike Otu Ezi [Visitor]
Mike Otu EziWhile I give kudos to Mr Kali for strongly opposing fuel subsidy removal and introducing taxation, I'm not against the American saying that Nigeria will stop existing as one country come 2015. We don't need a Prophet to tell us that, should Boko Haram continue this killing in the name of promoting Islam in Nigeria(though they've a hidden agenda).
On the other hand, sacking Okonjo Iweala is not the solution.
11/11/11 @ 04:16
Comment from: Godwin Ina [Visitor] Email
Godwin InaI stil believe that president Goodluck has good plans for Nigeria. But this current policy is not a healthy one for ordinary Nigerian at this point in time. Implication: hyper inflation will reduce an average Nigerian to the bearless minimum. Notwitstandin those of us who can reach the president should stil continue to let him know this effects. I believ the decition will be reversed
11/11/11 @ 04:17
Comment from: Nanshuwan Victor [Visitor] Email
Nanshuwan VictorNigeria is more than what we are dragging on as a nation but unfortunately,this is the price we have to pay for bad foundations laid and inherited from our antecedents hard to be detached from. Nigeria is not an independent country economicaly because we're still dancing base on the tone and tune of our colonialist. If the refineries are put at work,where ll the country's "enemies" both at home and abroad invest their stolen monies? Nigeria is pampered by God with abundant human and natural resources but because of its misapropriation,subsidy and other socio-economic phenomena have to come to debate. We need a radical revolution to better the lots of the masses. Removing Dr Ngozi without refurbishing the old structures cannot help the situation. May our collective hues and cries be heard to help 9ja as a whole
11/11/11 @ 08:52
Comment from: Uwadike Chima [Visitor]
Uwadike ChimaWe are always looking for scapegoats and even when we can't justifiably find one, we look for sheep and label it according to our own perverse desires. Does a sick man travel, does a hungry man drive, can a homeless man find accommodation in a moving car? If the prices of these basic needs can come down irrespective of fuel, I think we will be better off. The west are experts when it comes to answers to their problems. They have done the right thing in the subsidies they have removed and the ones they have retained and I think Nigeria can borrow reasonably from their rich policies. The question now is what do we stand to gain with the removal of petrol subsidy, If the gains outweigh the losses then without sentiments let it go.
11/11/11 @ 11:29
Comment from: Tunwamise Jeje [Visitor]
Tunwamise JejeMr Kali Gwegwe's submissions and suggestions are the most honest, accurate and most thoughtful ones I have heard or read so far on Government's plan to remove all fuel subsidy in Nigeria come 2012! Okonjo-Iweala's second coming is not in Nigeria's interest.It makes me wander if her first stint was actually well-motivated. I think she should go NOW too.
11/11/11 @ 15:16
Comment from: Ibe Ifeanyi [Visitor]
Ibe IfeanyiEach time I think of Nigeria's various problems or discuss them with someone, it just gives me headache. It beats my imagination why the same people who promise to make life easier for Nigerians during their campaigns always end up doing the exact opposite.
I have one question for the proponents of fuel-subsidy removal: do you honestly think our government can make a difference in our economy with the money that will be realized from fuel-subsidy removal if they have not been able to do so with all the money Nigeria has earned from Crude-oil since its discovery several years ago?
11/11/11 @ 19:30
Comment from: felix iyah [Visitor] Email
felix iyahI tink u guys all ve something to say about fuel subsidy removal,but looking at the present situation of nigeria,we should know that nigeria is not yet ready for fuel subsidy removal.why should we even be talking about subsidy removal,we shouid be talking about how to make our refineries work and stabilize our economy.
11/14/11 @ 07:04
Comment from: Samuel sunday [Visitor]
Samuel sundayNgozi was cald frm outside likewise akunyili,re dia no beta pple in dis nation who can deliver us frm dis harshing economic,financial and political problems? Let us ask ourselves dis rare question,Goodluck,does really ve d blueprints of what he wants 2 do,let us ask him.Fuel subsidy removal is a deadly policy which must be shuned by all.On dis note,her(iweala) time has expired,she shld leave now or President face d music.
11/18/11 @ 15:46
Comment from: Olamide Temitope D. [Visitor]
Olamide Temitope D.Mr. President, bear it in mind dat if those dat stood under the sun to vote you in should kneel under the rain to lay a curse on you, then you are a liv'n corpse,...... Don't be a disgrace to the southsouth please! NIGERIA musn't experience anoda civil war dur'n ur regime, b vry careful wt policies u're makn. Wot seems ryt 2 a man, myt b far 4rm be'n koret!
11/20/11 @ 11:55
Comment from: Abdullah Adamu [Visitor] Email
Abdullah Adamuit is good to be goodness while people are crying about Nigerian government. is very important to the government to be look for forward at every time
12/06/11 @ 12:36
Comment from: Augustus Nwanguma [Visitor]
Augustus NwangumaMr kali well done, u hv said it all, d west ar controlling d world in so many ways' FIFA, WORD BANK, IMF, DEMOCRACY, NATO ETC AND Our do not know their right from their left may jesus save us
12/09/11 @ 04:28
Comment from: dr zainab ibrahim [Visitor]
01/04/12 @ 09:51
Comment from: Dr Daniel [Visitor]
Dr DanielAs at the time I'm making this comment,I must confess that the writer of this article is a genius and must have seen the future...wake up people,we are not ready for fuel subsidy removal yet..not until our refineries are working fine.Ngozi Okonji deserves what's coming her way..how dare her,threaten our hard earned democracy by saying she would resign if fuel subsidy stays...who the hell does she think she is?Her impending sack will further prove that no man or woman is greater than Nigeria,and that Nigeria, belongs to the Nigerians. #occupynigeria
01/05/12 @ 19:45
Comment from: akuadne timothy yakubu [Visitor]
akuadne timothy yakubuGod shall see us throughout the year 2012.
02/02/12 @ 02:36

This post has 8 feedbacks awaiting moderation...

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