Nigerians may have to brace up for tough times next year following the revelation by the Spokesperson for the Presidential Campaign Council of the All Progressives Congress (APC), Festus Keyamo that conversation on the removal of fuel subsidy will commence next year.

Keyamo, who is also the Minister of State for Labour, disclosed this Tuesday during the unveiling of The Progressives Forum in Abuja, He revealed that the government now relies on the revenue from Customs, Federal Inland Revenue Service (FIRS) and others to pay salaries.

The Minister admitted that petroleum subsidy was no longer sustainable, insisting that it has eaten deep into the country’s economy.

Keyamo stated: “As a progressive party, we believe there must be intervention in the lives of the very poor and the middle class. That is why we have conditional cash transfers to the very poor. That is the philosophy of President Muhammadu Buhari, that is the philosophy of APC. We care a lot for the poor.

“If it were to be other government existing today as I speak with you, there would be no subsidy now. But President Muhammadu Buhari said before we remove it, we need to put some measures in place to cushion the effect on the poor. Because there is no longer any justification to retain subsidy as I speak with you today.”

Keyamo stressed that even in the United States and the United Kingdom, the prices of petroleum have gone up more than four or five times. He added: “We are in government, we cannot hide it again from the masses, from the people. We must all keep saying that subsidy has eaten deep into our country, into our economy.

“Nigerian National Petroleum Corporation (NNPC) is no longer remitting money to Federation Accounts Allocation Committee (FAAC). So all the money they earn goes to subsidy. So, the government has to rely on revenue from Customs, from Federal Inland Revenue Service (FIRS), from others to pay salaries and other things.”

But it is still the sympathy that the President has for the poor because he feels that we have to put measures in place to cushion the effect on the poor before they remove subsidy. And that is why they’ve pushed it to sometime next year. The conversation on how to remove subsidy will begin.”

Throwback:
God help the government that will remove subsidy or inherit a removed subsidy to take effect after the removing goverment has left power. Fix local refining before any subsidy removal.

Racoon:

https://dailypost.ng/2022/08/23/we-can-no-longer-hide-from-nigerians-subsidy-no-longer-sustainable-keyamo/

Racoon:
Which one have they done? Absolutely nothing.They failed to revamp the moribund refineries nor provide the one year-one refinery promise they made to Nigerians in their insatiable chant for incredible lies.The NNPC they refused to privatise is now a huge economic burden upon this nation.

Throwback:


Tinubu would not fail where Buhari failed.

Many of you knowing that it was Tinubu that packaged Buhari for Presidency, were now happy that he sidelined Tinubu who could have better advised him on how to grow the economy. Are we not all bearing the brunt?

Now Tinubu would go there and get the job done with his own team.

Throwback:
Tinubu would not fail where Buhari failed.Many of you knowing that it was Tinubu that packaged Buhari for Presidency, were now happy that he sidelined Tinubu who could have better advised him on how to grow the economy. Are we not all bearing the brunt? Now Tinubu would go there and get the job done with his own team.

udele1:
Did Tinubu know buhari was a failure before he brought him?

Racoon:
You mind that fella? They can only hoodwink the gullible. This is just like the Oshiomole's stupid attempt to exonerate Tinubu from the disastrous Buhari government. If anything, Tinubu’s judgement on leadership selections is more than enough proof of his lack of managerial acumen. 

Those who believe that Tinubu has a peculiar skill for selecting worthwhile leaders should at least account for his prudence in fostering a crassly incompetent leader like Buhari, not once but twice! Buhari turned out to be a disaster during his first term, but Tinubu promoted him for a second term.

Anyone who watched Buhari’s recent interview with Channels Television cannot but conclude that though Buhari still has 17 months to go, Nigeria has already frittered away eight years of national life. We have been plagued with possibly the most incompetent and the most sociopathic leader in national history.

In 2015, Buhari was hardly a promising candidate, but things were not supposed to be this bad. The man did not solve any problem but, in fact, worsened every-thing with his impotence and sadistic arrogance. That was a leader Tinubu helped install twice and we
are supposed to trust his judgement again? No!

After the monumental disaster called Buhari, Nigeria cannot afford another leader whose driving motivation for the presidency is to merely fulfil a lifelong dream. Tinubu has a right to pursue his ambition but not at the expense of poor and long-suffering Nigerians already counting down to the days when Buhari’s nuisance will be escorted out of Aso Rock.

The 2023 election should be a turning point. Recruiting another bumbler as president jeopardises that chance. We can all agree that Nigeria deserves better than a candidate without a viable record of administrative success beyond the cheap propaganda retailed in the media and parroted by those who do not listen to their own thoughts before mouthing them
https://punchng.com/tinubus-presidency-affliction-must-not-rise-a-second-time/

Throwback:


Tinubu would not fail where Buhari failed.

Many of you knowing that it was Tinubu that packaged Buhari for Presidency, were now happy that he sidelined Tinubu who could have better advised him on how to grow the economy. Are we not all bearing the brunt?

Now Tinubu would go there and get the job done with his own team.

Racoon:

https://dailypost.ng/2022/08/23/we-can-no-longer-hide-from-nigerians-subsidy-no-longer-sustainable-keyamo/