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Nairaland Forum / Nairaland / General / Politics / Bismarck Rewane: Subsidy Reduced, Not Removed (11389 Views)
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Re: Bismarck Rewane: Subsidy Reduced, Not Removed by EleventhWeirdo: 10:53am On Jan 02 |
The headline is quite misleading and sharply disconnected from the article. What's there is that citizens now pay the subsidies and that, while this has increased govt income, it has led to considerable decline in citizens'disposable incomes 1 Like 1 Share |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Timmi: 10:53am On Jan 02 |
Kukutenla: What you failed to comprehend from Bismarck interview was the effect of exchange rate on the fuel subsidy removal. The fuel subsidy was removed but the government have to cushioned the effect of exchange rate internally instead of passing it to the consumers. It will help you Kukutenia, the head of the Obizombies to apply common sense before you started wailing. Please go back and read it again but this time, let your brain be active and mind open. |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Whatisurproblem(m): 11:06am On Jan 02 |
Bobloco:like the one who repainted Ethopia Airline Lunching it as New Nigerian Airways. Which kind wahala we come face for this Nigeria sef, everyone just dey scam us anyhow. |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by goldmatrix(m): 11:14am On Jan 02 |
This is the Zombie pointed out in the whole episode.. Did you even read the update? adioolayi: |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by bentenny(m): 11:45am On Jan 02 |
Agbadorians will link Rewane to a relative from SE as reasons for his admission! |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Waffarianman(m): 11:48am On Jan 02 |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Kukutenla: 11:59am On Jan 02 |
nairalanda1:But Port Harcourt refinery has been brought up while Dangote refinery is getting ready. How did those escape subsidy |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Bluntemperor: 11:59am On Jan 02 |
Bismarck Rewane should be appointed - to enabled him practice what he preaches! I don't believe him, even though it's all about economic parameters! To me,he is representative of the elites but always stand aloof to predict any failed eventuality! Was he not part of the advisers to former Govts in Power? So, what has change ? Or it it when the IMF and World Bank dictates to the African Govt that things will be ok? We must have a good economic base before we can fly! |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Kukutenla: 12:01pm On Jan 02 |
simpleseyi:Use your brain if any Ebi npa wa is also wailing Wailing don hit the streets and I'm sure you're not exempted If you like to wail for 8 years that's your business But don't deceive yourself by thinking you're faring better than anyone else simpletonseyi |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Kukutenla: 12:01pm On Jan 02 |
Timmi:What a dunce!! Did you read the Op or it was too difficult for you |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by nedu666: 12:08pm On Jan 02 |
Timmi: Who wrote this rubbish. Which school did you attend |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by nedu666: 12:10pm On Jan 02 |
Minimum wage 2019........$70 Minimum wage 2022.........$40 Minimum wage 2023..........$24 Seriously niggas are earning $24 a month. 1 Like |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Indifferent12: 12:37pm On Jan 02 |
nairalanda1:Subsidy removal doesn’t mean better refineries. There’s nothing stopping them from building new refineries while still paying subsidies. When the refineries are fully operational they can remove fuel subsidies |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Indifferent12: 12:38pm On Jan 02 |
Timmi:Olodo, typed so much but made zero sense 1 Like |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Bluntemperor: 2:42pm On Jan 02 |
Indifferent12: Ogbeni,talk is Cheap! While can't de fixed the 4- Refineries ( starting from Port-Harcourt,Warri etc) that is non- functional, instead of building new ones- when the Monies is not forthcoming now? |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by IbeOkehie: 4:34pm On Jan 02 |
I already knew this I wrote last month when the World Bank made the same claim - IbeOkehie: Good Luck to Nigerians. |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by IfnobeGod20: 7:23pm On Jan 02 |
Who should we now believe. While Tinubu is using subsidy removal as achievement, his supporters say otherwise, that he didn't remove subsidy. Who should we now believe? Tinubu's supporters the ball is now in your court. Shed more light. |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by frog12: 8:13pm On Jan 02 |
the MAN don come back with buzzwords but still empty he is not telling us how subsidy has been reduced |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by frog12: 8:20pm On Jan 02 |
you know hear say PH refinery is still in testing testing can take a year Kukutenla: |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by frog12: 8:21pm On Jan 02 |
but buhari appoint am last time Bluntemperor: |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by worksmart(m): 1:44am On Jan 03 |
There are warning us to prepare for more subsidy removal. Subsidy is a hoax / scam, it is just a term used to disguise tax on fuel . 1 Like 1 Share |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by nairalanda1(m): 6:45am On Jan 03 |
Indifferent12: Unfortunately, subsidy retention led to the loss of 4 refineries. The only way you can have subsidy and keep refineries is if we earned up to 20 times the reveue we earn from oil. At our current revenue, we can't.(Also, a higher tax to gdp ratio, and a very diversifed economy may help pay some of the subsidy birden). There is a reason why Saudi has subsides (40 million people, 10 million barrles of crude per day) and Niger republic doesn't (20000 barrels per day refinery). |
Re: Bismarck Rewane: Subsidy Reduced, Not Removed by Exceed15: 9:17am On Jan 03 |
Sell it to Ebi npa WA o braindead supporters. |
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