The Minister of Information and Culture, Lai Mohammed, said this on Wednesday while fielding questions on the new fuel pricing regime shortly after the Federal Executive Council (FEC) meeting chaired by President Muhammadu Buhari.
The minister said the hike in the price of petroleum from N86.50 to N145 "is not about subsidy removal. It is about the fact that Nigeria is broke. Simple!...The economy is shrinking."
He also restated the government's complaint that there was no foreign exchange to import fuel. Click to signup for FREE news updates, latest information and hottest gists everyday
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And this why only the down trodden will have to suffer and sacrifice all the time! Why can't the Political class and Leaders also do likewise.. You can not cut down on your too many frequent trips abroad with nothing to show for it! This is one way to save. Stop the buck passing and get on the drivers seat and do the Job you claim you are voted for!
ReplyDeleteIs it because Nigeria is broke that you wanted to borrow more than N13 milliin naira for a five man delegation to go for just two day conference in China? Liars and political 419ers. Time will come when all of you will meet God to render account. APC ! Change! Our change don turn to shame and misery.
ReplyDeletebut Buhari and all other elected politicians are proper crazy humans o
ReplyDeleteNaija is broke abi
and the economy is really shrinking
but the politicians are buying jeeps @ inflated prices
and their wages are not affected by the fact that Naija is broke
uncle Buhari am wondering if coming to naija to vote for this change was actually a vote to chain my families and friends o
stop this blame blame game, we all know daddy jona and cronies destroyed and looted the country, so forget that and face ur job squarely
what is happening to the recovered looted funds and when will the basic wages of a politician not exceed 3,000,000 per annum?
SE15 london boi
a.k.a the zoo has fallen
ReplyDeleteNonsense, Nigeria is broke and he has travelled nearly everywhere in the world? Tell that to the drafts. God will never forgive all of you and nemesis and posterity will will soon catch up with you and your wicked cronies. Shame on you.
ReplyDelete#GodWillFight4Us#
Thank God Nigeria was not broke when you took over. That the country is broke now shows poor administrative skill. We don't need a prophet to tell us that by the end of 4 years, the country would collapse economically if we continue like this. This is the time to stop the globe-trotting and bring down politicians salaries, allowances and estacode.
ReplyDeleteSome Nigerians were trekking to celebrate your victory not knowing that was the revelation of sufferings and hardship to come,may God save us all
ReplyDelete