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From a final price of N140.85 /pms litre at which it is sold in the Nigerian market, it means that between 63.2%-75% of the total value paid for each litre of pms by Nigerians goes to foreigners. This is a sabotage of the Nigerian economy and a mortgage of the futures of her people. Adebayo … Continue reading The Mathematics Behind the Subsidy Fraud.
Common sense suggests that using 20-40 percent of earnings to pay for subsidies is unsustainable and is a sellout of the future of the Nigerian people to other nations. Adebayo Alonge ( Public Affairs Analyst) What should come to your mind after this, is what business government has with these subsidies to start with. … Continue reading Understanding the subsidy fraud
''Young Nigerians rushed into protests, organized labour was unprepared for what hit it and there was no scale up of national economic shutdown because of ethnic divisions and improper coordination. This was the government’s game plan and like fools, the rest of society played its script’’ Adebayo Alonge (Public Affairs Analyst) On January 1, 2012, … Continue reading Why Occupuynigeria May Fail.
Reproduced below is a secret cable of the United States Government on the fraud in the oil sector in Nigeria as published by Wikileaks. C O N F I D E N T I A L SECTION 01 OF 02 LAGOS 000767 SIPDIS NOFORN E.O. 12958: DECL: 04/07/2014 TAGS: EPET EINV EFIN PGOV NI SUBJECT: … Continue reading Wikileaks Report-The fraud Nigerians are subsidizing.
"The regime of subsidy on petrol has come to an end. This is a bold stance I have taken and the international community has applauded me while some misinformed Nigerians are playing politics with it. I will not back down, I will not resign, and nothing will happen.” President Goodluck Ebele Jonathan (President, Federal Republic … Continue reading Off The Precipice And Into Blood.
(Body of Ademola Aderinto, 25 years old) Reports say that Police attacked protesters at Ogba,Ikeja, Lagos. One person has been confirmed dead and three others i.e. Alimi Abubakar, Ela Bujor Samuel and Idera were wounded. (Ademola Aderinto as he was being assaulted, moments before his death) Please share let us honour their memory. The … Continue reading Fuel Subsidy Protester Shot In Ogba, Ikeja 09/01/2012
Anyone who expects any fundamental change in the way Nigeria is ruled clearly has no understanding of who these rulers are, and why (or how) they got into positions of power. Mr Johnathan, for example, is a direct beneficiary and product of the very system he claims to want to reform. How very likely is … Continue reading Promises,promises (Akpan54’s comment on article in the Economist)
Second occupynigeria protester known to have died in Ilorin on 03/01/2011. Please share and lets us honour him. He was shot dead, it is said, by the Nigerian police alongside Mustapha Muyideen Opobiyi
