When President Olusegun Obasanjo was in power we spent 300 billion per year on the fuel subsidy. Under the administration of President Goodluck Jonathan it shot up to 1.3 trillion naira in the last one year alone. Can someone please explain to me how it got so high in 4 years and what exactly they were subsidising with the extra one trillion naira? When the Obasanjo government left power in 2007 the country was no longer in debt and the 30 billion dollar foreign debt that Obasanjo met when he came to power in 1999 was fully paid off. Today, under the administration of Jonathan, our country is back in debt to the tune of 30 billion dollars and we are still borrowing. Can someone please tell me what the loans were used for and whether we will ever be able to pay them off? When the Obasanjo administration left power in 2007 our foreign reserves were 80 billion dollars even though when he came into office in 1999 we only had 1.5 billion dollars.
Today our foreign reserves have dropped from 80 billion dollars in
2007 to 33 billion dollars. Can someone please tell me where all the
money went? When the Obasanjo administration left power in 2007 23
billion dollars was left in the Excess Crude Account after he built it
up from nothing in 1999. Today we do not have one dollar left in that
account because the money has been squandered and the account scrapped.
Can someone explain to me who spent that money and precisely what it was
spent on? By the time the Obasanjo administration left power in 2007
not one bomb had gone off in Abuja throughout his 8 years in office and
neither did we shy away from confronting the evil and dealing a hard
blow to the terrorists wherever and whenever it was necessary to do so.
Today bombs go off at will all over the north, the President hides in
the Villa and churches were targetted on christmas day in Abuja. When
Obasanjo was in power we did not remove the fuel subsidy because it
would have caused too much pain to the Nigerian people and because there
was no safety net in place to reduce that pain. President Jonathan
however did not have any such inhibitions or qualms. Just seven days
after we suffered the horrendous trauma of the xmas day bombings and
probably as a New Year’s Greek gift to the Nigerian people, our
President finally removed the oil subsidy. He did this knowing fully
well that it will lead to untold suffering and terrible hardship for the
next few years for the Nigerian people, most of whom still live below
the poverty line. Can someone please tell me why President Jonathan
wants Nigerians to cry? Yesterday he not only said that he would “crush
Boko Haram” but he also declared a state of emergency in a few local
government areas in some northern states. Can someone please tell me why
our President could not do this 6 months ago when some of us first
advocated it and thereby save many lives? Why has it taken him so long
to find the guts to confront Boko Haram and to lead the fight against
them with ruthless zeal, strengh, courage and total faith in God? Why
has he done so little when it comes to this matter and why has he done
it so late? Does he not know that a king is meant to lead his people
into battle and if necessary die for them? He has been unable to handle
and contain Boko Haram and now he has removed the fuel subsidy which is
something that is expressly against the wishes and interest of the
overwhelming majority of the Nigerian people.
Can someone please tell me precisely what has happened to this man
and what has got into his head? This government is not only weak, it not
only lacks direction but it is also insensitive and callous. The
removal of the fuel subsidy is the final straw: President Jonathan, the
King Rehoabam of our time, has hardened his heart unto destruction, just
like Pharaoh once did, and he has fallen into the trap that has been
set for him by God and by his enemies. May the Lord save Nigeria from
this mess and from this weak man and may the Nigerian people themselves
wake up from their accursed slumber and take their destiny into their
own hands. The smell of religious war, sectarian violence, regional and
ethnic conflict, insecurity, untold suffering, rampant poverty and
economic hardship is in the air. Nigerians are divided as never before
and our country is slowly crumbling and dying before our very eyes. Who
will save Nigeria? Who will stand up and say enough is enough? Who will
pull us back from the brink? Who can we count on to take the bull by the
horns and do the right thing? There must be a lawful and democratic
change. My God let there be a change.
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