I am forced to repeat that Nigeria is Broke; The Nigerian
Government cannot Subsidize Fuel for Ordinary Nigerians; But can Subsidize
Banks who Lost Federal Government Account through TSA; Subsidize Hedge Fund Managers and Speculators with Devaluation and Subsidize Importers with Import Friendly
Policies. LET US GO ON A RIDE WITH FACTS!!!
1. Subsidy was above N2billion before PMB became
President; It is under N300million Today.
2. NNPC has indicated that we are Closer to 30Million
Litres per day consumption than the 45million Litres they Criminals are collecting subsidies for; Ghost consumption
by Spirits amounted to About 10million Litres daily.
3. David mark and Dimeji Bankole were receiving
$30million from NNPC Monthly under Yar'Adua according to Wikileaks; that is over
N5Billion Monthly outside the NASS Budget; Please don't try imagining how much
GEJ paid them.
4. NNPC is capable of pumping 15million Litres of PMS
into the Nigerian market by January, 2016....That is capable of changing the
PMS dynamics for good; Imagine the direct impact of N25 reduction on the lives of average Nigerians with that reduction in cost of energy as well as the resultant impact in savings and increase in small businesses activities. But wait for it...When it has to do with the masses it
is not a good economic policy and Nigeria is Broke.
5. Let me be very Loud here; Successfully closing the
Loopholes, Increasing Transparency and Accountability and Recovering Loots is
capable of adding 5% Annualized GDP and I want to be challenged on what can top
that in current global economy...But; They will Sing Globalization,
Importation, Devaluation, Limited Government Regulation; Free Trade...Them No
dey Tire?
6. All people
driven Policies are a waste and too costly to Government; All Bankers,
Corporation and Big Business driven Policies are Smart...Nna; are all these
people aware that 85% of all Financial Crisis over the past three decades are a
result of bad Big Business Decisions...85% of all Banking Crisis are bankers
induced and less than 15% of global Economic Crisis are Public sector
induced...Just Imagine that Business are the key players in Global Financial and Economic crisis worldwide.
Question ....If The private Sector is so Smart; Why do
they have the singular honour of always Creating Recessions, Meltdowns,
Slowdowns, Depression, etc in the global economy?
STOP BEING A MOUTH PIECE FOR ANTI-PEOPLE POLICIES.
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