Nigeria’s Finance Minister almost weeps, begs citizens to accept petroleum subsidy removal

let’s give them a trial in 2012 and if they fail, they will see another segment of politics in the subsequent years’

Does the present finance minister of the federal republic of nigeria buy fuel?people have lost confidence in our leaders virtually in all sectors.i have no iota of doubt that the removal of subsidy is only to favour the ruling class.

We need a clearification on what the removed subsidy is to be use for? This is what the poor masses need to knwo, the benefit of it is what we want to know

What difference does the removal of oil subsidy has on the poor Nigerians? Cos it does nt affect the rich.{inflation only affects the poor in our society}

That’s the worst thing that can happen †̥̥o̶̲̥̅̊ we the masses…cus what use ȋ̝̊̅ڪ the subsidy when it’s d common man, the masses that would feel the pinch, the minister can beg ąЙd̶̲̥̅̊ cry blood for all I care Βuђ they won’t feel the pain, we will, do they even knw ‎​Ђŏw̶̲̥̅ much fare ȋ̝̊̅ڪ anymore? When was the last time did any of them entered the market †̥̥o̶̲̥̅̊ buy stuffs, Βuђ I tell you people we will surely suffer it if the subsidy on oil pull through.
Michael A Ogar, Kaduna State.

U corrupt maggots in d last 6months wat have you done to librate the naira from this mordern day colonial economic control or how is it that common Ghana is having a point ahead of the niara, please madam finance just go home and honor your Husband cos if this thing back fires u will look for an uinsuiccessful hidding ground to no avail, I know say the billiopns wey dem put for your account they goinger you now, but believe me, its just a m¥atter of time.

Im a major anti-subsidies agent,but i want us 2 reasons critically on the subsidies removal,GEJ is not 2 be trusted,but what of Ngozi?……

Im a major anti-subsidy man,but i advice dat we reasons critically,GEJ cant be trusted but what of Ngozi?

I no and i belive in God and Goodluck dat nigeria will be beter one day may be dis is d time according to d saying of d wise men.if u close yr eyes and let all d bad tree to pass u will not no when d good ones will also pass lets give dem a trail complement of d season

My fellow nigeria we do not need to used past experience to follow Mr president an are finance minister let give them chance and see if they will fial us we are one please nigeria let suport he if is for bad he will filled it too thanks

removal of the fuel subsidy is the best idea any good govt shld think of doing,but it wil be wise 2 address poverty & the inflation that wil result from it 1st bc it wil favour only the rich 4 time being and people wil die of hunger and poverty.

Dear Leaders, We know nothing is free but the only source of power for Nigerians is the subsidised fuel we put in our generator AND that’s the only thing we us to power our ‘Okada’ on our (death traps) sorry, rough roads. Look for the people who are benefitting from subsidy and sentence them to 150 yrs in prison. Nigerians are dying. N65 p/litre is even too much for us. let’s vote.

pls ma.removal of fuel subside wil kil alot of pple .pls dnt evn thnk of doing it

madam finance minister u can cry blood if u like we nigerian wuld accept d removal of fuel sus and if u try it nigeria ll be hoter than those arab spring

Dr Ngozi Okonjo-Iweala, is not the only economist we have in Nigeria, I’m an economist too, but would never have any chance to air my statement.
The truth remains that the minister does not know much about Nigeria, hence her long stay at the world bank, otherwise she should be telling the president to repair the existing REFINERIES and build new ones…put these things in place and the subsidy would naturally cease to exist….very simple economic theory….but that they are starting from outright subsidy removal suggests very ominous signs that a new cabal is about to crush the old oil subsidy cabal, to make money for themselves…Nonetheless, the current oil subsidy is not impacting positively on Nigerians either.
SOLUTION: we want our petroleum products refined here, in Nigeria, competitively, and the competition would naturally bring down the pump price, where the product is distributed in abundance and competition is healthy, says ECONOMICS!

I do not c madam finance minister as a politician but I think she is beginning to sound as one. Madam finance pls tell mr president to stop using the masses as a bail out for their mistake. Ask mr president that how can Nigeria still be producing 2.5 million bpd when will have more FPSO floating production storage and offloading tankers up to twenty each producing 250,000 to 300,000 bpd and yet FG is given the masses falsified figure of 2.5 million bpd as benchmark for 2012 budget. The undisclosed figure should be use to continue in the business of subsidy. I also think that FG is among the people who believe that building a refinery in this country is a waste of time if not he will not come up with the idea of building one in Indonesian with whopping sum of $20billion. Why is mr president buying into every ideas without considering how this is going to affect the people? Just of recent FRSC came up with the idea of new plate number mr president buy into it when ordinarily they can just update the existing ones like CBN did but instead they bring in new one which is not in anyway different from the one of 1992 just to raise money for the govt by all means at the detriment of the masses. This is bad.

thought u ve plan 4 de nation, Removing de subcidy wil mean harm 2 de masses.

As far as i am concern, no one will convince me that removal of fuel subsidy is good for Nigerians, No one at all, As if we are not oil producing state, go to Saudi and and other oil producing nations and see wonders, what a pity for Nigerians? Let them do it, but swear even your childrens will not forgive you let alone WE Nigerian citizens, God will punish you ALL

I bought the idea of diverting this subsidy but hw masses are going to benefite it like d way we do on oil, cos evrybody afected if oil scarse or suplus. The point is dat our goverment do swallow thire worlds and no trust in them anymore

Madam. Are ‎​Ʊ trying τ̅☺ let us kwn that without d̶̲̥̅̊ removal of fuel subsidy ‎​Ʊ guys can not deliver τ̅☺ nija pple; abi nija no get money again¿ then fight 4 crimes looters of Nigerians funds or resources. Also cut some allowances of each politically members of d̶̲̥̅̊ appointed & elected position first` i think it Ȋ̝̊̅§ political strategy…pple are crying & smiling….God hear d̶̲̥̅̊ prayer of d̶̲̥̅̊ poor world are transforming……remove it with U̶̲̥̅̊r executive power we ll adapt trust nija pple oh.l

Madam minister, tel mr president 2 start wit putin our infrastruture in shape, giv nigerians constant power suply 2 boost their business activities, revive our refineries n make them functional wit gud magnt. Den we cn listen 2 fuel subsidy removal, cuz dos re d main issues bodarin our economy. No developin economy cn grow witout gud power suply……….we nid constant power suply 2 reduce ova dependence on fuel consumption. Fuel subsidy is nt bad bt its nt gud 4 d nigerian economy cuz d nation has nt attaind d level of aplyin dat policy. Dia is stil much 2 b done b4 fuel subsidy removal.

still wonder why gej continues to avoid the idea of repairing our rifineries. am not an economist but common sense tells that competition naturally reduces price. pls let him come up with a simple diagram of how the removal of subsidy can improve the living standard of ordinary nigerians, then we will support him.

U look @ a country lik nigeria n d sufferin of d masses n u tink of endin it. D first tin dt coms 2 ur mind is to remove fuel subsidy. R u sure madam finance ws raised in dis country? Am nt sure. Dey knw d right tin 2 do – repair d refineries. Dey dnt want to do it. Its so bemoaning.

Okonjo-Iweala weep?!…yes; to get your sympathy! Which of their past promises or agreements with NLC, ASSU etc have they honoured? If they want to regain the confidence of the citizens, they should start by upholding those agreements, making the 4 refinaries working at full capacity,and subsidize them instead of fuel importers. Make adequate budgetary allocations to those areas of economy and social welfare, that will impact positively on the lives of the citizens as against boguos provision for security. The truth is that this govt. seem to lack the capacity or will to address the endemic corruption in its system. They will continue decieve themselves till nemessis catch up with them.

Haba madam minister have u forgotten so easily how obasanjo made
all sort of promises when he was slamming the masses with increase in fuel prices in the name of deregulation. which of the promises did he fulfill NONE of course, remember you were part of that administration. Did you come back to come back and add to the masses suffering? Haba Ngozi

we are also a major exporter of natural gas,our refineries not working alone is a proof of how unsinsire the rulling classes are.