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Wednesday, January 4, 2012

Fuel subsidy removal, a political plot by the invisible hands from the Northern and the South West of Nigeria.

Subsidy removal a political plot by the invisible hands from the North and the South west by Obasanjo groups to prove that the South South and the South East are not capable to rule the Country. If not why didn't Yar'Adua and Obasanjo removed the fuel subsidy during their regime?. 

 Jonathan is a disgrace to the South South and the South East. if his government fall, the Niger delta militant should not blame any body. you can not remove the fuel subsidy without first put all the refineries in a good condition. To tell you how our so-called leader s reason, could you imagine in a Country where the minimum wage is 18,000 and the government want people to buy a liter of fuel at the price of 140-200 Niara per a liter. 

Okonjo Iwuala is trying to compare Nigeria with the Western World where the price of the fuel is 1 euro or 1.50 euro per a liter which is 200- 300 Niara. Without knowing that the minimum wages in some of these Countries is 1000 dollars or more. Without asking how much is the minimum wages in those Countries? And how easily is to secure a job in those Country? That is to tell you that our government do not care about her citizens. 

I have read on the news paper about how president Good-luck Jonathan had justified his action on the subsidy removal by saying that “  that it was dangerous for the government to continue to use one third of its budget to support fuel subsidy. It said the country was sitting on a time bomb with its N5 trillion debt profile, using N500 billion to service the debt and borrowing its entire capital budget, warning the economy would not only collapse but companies would be forced to cut workforce”. 

 Theses is an ill explanation,. The same president budgeted 1 billion Niara for his food allowance, I wonder what he will be eating. And to pay for fuel subsidy is a problem to him. We need to say no to all these, enough is enough. Take a look at the Countries with the highest debt. The United State of American debt stood at 13.98 trillion dollars. The United Kingdom's debt stood at 8.981 trillion dollars. German debt stood at 4.713 trillion. And many more. And our so-called president is claiming that our debt stood at 5 trillion Niara not dollars. And these is the reason to inflict pains to Nigerian. ill explanation. 

 If I should advice Mr president that if he want to remove the so-called fuel subsidy, he should first put all the refineries in a good condition to meet the local demand, and secondly put our transportation system in a good condition then if he bring the issue of fuel subsidy removal no one will care about that or no body will protest against his action. How could our so-called government are tormenting his people, and inflicting pains by exporting fuel and importing them back. This is an evidence of lack of competent and corruption. 

 One of my professor in European History said that, the difference between Africa and the Western World is that the West often buy their row material very cheap, refined it or use it to produce something and sell it back to them in a higher price. And these is what is happening in Nigeria, because we produce crude oil, we export them to refine it and import it back. 

 Is this not crazy and a lack of leadership and an act of corruption. The above mentioned Countries borrowed to put things in order and that made these Countries to be attractive and made every body want to live or travel to these over mentioned Countries. So it will not be a bad idea if our so-called leaders often borrowed money to fix the Country. But our problem is when they borrow money, that money remains in their private pocket without using the money to do the things that they borrowed if for.  enough is enough.

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