naptu2:


Then how come there was Abacha toxic petrol? Or don't you remember that??

1997 when the Abacha Regime imported toxic petrol that damaged many cars.

Also reportedly killed people transferring fuel with their mouth!

Damm, I wasn't thinking of hitting Nairaland, then I see posts like this

Chicagograduate:
During the military government there was nothing like importation of petroleum products.Our local refineries were working fine.

Yes they were, because fuel consumption was not as high as it is now, plus many of the refineries were still new (Kaduna and new PH came on line in the 1980's)

They started breaking down from the late 1980's. It was in 1990, under IBB, that fuel scarcity started, again. (Yes, we used to have fuel scarcity in the 1970's....Subsidy related)

Everything was cheap and affordable under the military until Abacha who was the military head of state died and Abdulsalam Abubakar who was his second in command took over and released Obasanjo who had been marked for execution for plotting a coup.

YOU ARE A LITTLE BABY, OGA.

No, seriously, YOU WERE NOT BORN AT ALL

THINGS WERE COSTLY UNDER ARMY RULE. Ask an older Nigerian about Essenco under Buhari. Also, go and read Americanah by Adiche. The early chapters give you a good account of how harsh eocnomic life was under army rule. Japa was happening then live...that government had to put out propaganda to stop people fleeing. There are many Nigerians who left Nigeria then.

Oga, you are a child.

Tinubu who was a senator when shonekan was an interim civilian government went on exile when Abacha overthrew shonekan and he became an activist under NADECO and was using NADECO to criticise the then military regime of Abacha while on exile.

Yes, as did a large number of politicians in today's PDP and APC. Nothing special there.

Abdulsalam Abubakar later released Obasanjo from prison and the north compensated the south with a presidential slot which Obasanjo became the president

SW actually, thanks to June 12..

Obasanjo and his vice atiku sold all the government properties to their friends and that was where the proplems of Nigeria started.

Nigeria was in trobule before Obasanjo and co came along. The 1980's and 1990's were bad economics wise.

NITEL which was sold was already underperforming. Power service was bad, and then we were importing fuel even back then, because loss of profits due to subsidy meant we had depreciating refineries.

Our refineries became Moribund and fuel was imported.A lot of money running into billions of dollars was budgeted for maintenance of our refineries but the money ended up in private pockets and nobody was prosecuted.

The refineres were becoming moribound from the early 1990's when skipping of TAM started. Add subsidy which meant they could not make enough profit.

This made Obasanjo to be increasing the price of fuel in the name of subsidy removal.

Except that price increases have been happening since 1973.

In 1981, fuel cost 15k, by 1991, it was 75k. Those price increases were subsidy related.

Also, you don't know what subsidy is really. If the prices are not raised, the government would get to a point where the cost of maintaining the subsidy would be greater than the budget of Nigeria. So partial removals happen.

He sold all government properties to his political associates.

They all do.

Inflation increased, incessant strike from NLC under Oshiomhole each time Obasanjo removed fuel subsidy because the removal would create inflation.

You weren't around in the 1980's and 1990's., young lad.

Under ex president Jonathan government, petroleum marketers received billions from fuel subsidy in other to reduced the price of fuel but the oil marketers didn't import and supply the products after receiving payment.Committees were setup and some marketers were indicted, including Mike otedola's oil company.Up till now,no one is sent to jail or money recovered.

Which is why GEJ wanted to remove subsidy, but you guys came and chanted something about poor people breathing...and here we are.

Many Nigerians don't know that Tinubu had a romance with the military dictatorship before he was forced out on exile.He had a romance with Abacha and benefitted from his government but because he was forced out of government he became an activist.

There was some attempt at rapporachment between NADECO and Abacha. Abiola even visited Abacha day after he removed Shonekan. It was when it was clear that Abacha was not gonna enforce June 12, that Abiola declared himself President, Abacha arrested him, and then went after all his associates. Including tinubu then.

The problems Nigerians are facing is caused by democratic government who are the politicians that is why they keep saying that "The worst democracy is far more better than the military head of state.They have corruptly enriched themselves and want to continue to do so.

[/quote]


Nigeria has problems because it is a resource dependent country, and the prices of the resources we sell are never high enough to feed our growing population, or pay for subsidies. That is why we never have had a proper booming economy since independence. Even the oil boom era of 1973-82, was just money papering over the cracks.

That is why you need a government that would diversify our economy. (no it is not this tinubu government).

Army rule was just as bad as civillian rule, with the added problem of mass repression. (Which is why NLC strikes under democratic rule are more than that under army rule. NLC tried to strike in 1986, and 1994, and the army came in and arrested all of them).

Chicagograduate:
It happened under the last government of Buhari.

Buhari has a killer squad to silence the press?

kingthreat:


I have tasted military regime under IBB and Abacha. Those were bad authoritarian regimes. If there can be a good authoritarian regime, It will be way better than this crap of a democratic government

There are good autocratic governments, but they are rare.

.

By the way, isn't the Nigerian so-called democracy autocratic by the people in power? Let Tinubu keep fooling himself that nothing can upturn his mandate. When the rage of the people starts, Nothing can stop it. It is either he flees or gets consumed with it.

You are saying this because your side lost. When tinubu and buhari's side was losing, they said exactly the same thing YOU said here about the ruling PDP.

Not entirely correct. Taking everything into consideration, the PDP years (1999 - 2015) were relatively better than most military regimes, notably the useless Buhari 1983-1985, and the hopeless IBB regime of 1985-1993.

The PDP stabilised the economy - there was relative price stability and controlled inflation. The prices of most essentials remained almost the same for the 16 years PDP was in power. There was social harmony and a sense of general stability. Of course there was corruption, but it wasn't explosive, and it wasn't sectional. Nationalistic corruption is bad enough. But nothing riles and disaffects more than one fool assembling only his ethnic group to feast on the federal resources, the bulk of which was not contributed by the parasitic ethnic group.

Things deteriorated out of control with Buhari's second coming, and now this ugly toad they call BAT has destroyed the remnants of whatever hopeless situation Nigerians were managing. At this point you can then say that even the worst military regimes were far better than the shambolic APC version of 'democracy' we've suffered since 2015. At this point, all options should be on the table. Anything, and I repeat, ANYTHING is better than this BAT situation and the APC government. We need a reset and a release.

jogojogo:


Otilo...HE don happen
Ebe like say them wan to tell us another story again o
Una go sing tire

Correction: otilo means e don go

raskymonojendor:

During Abacha's era, Nairaland won't even exist.for you to create this post of yours let alone criticize the military government in power.

I wrote here before that Nigeria likely went through a great recession during the Abacha period, but when you have NIgerian civil servants and military in charge they can doctor statistics. Abacha and a lot of previous leaders survived on oil exports to control the economy and not on good policies or leadership. But something inside of me thinks the core issue is not the leadership. Imagine a country full of children, whether it is military(more control at the top) or political(more freedom at the bottom), the father(leadership) will ultimately feel the state is its property and the people waiting for their leaders to give them direction. Nigerians needs to provide directions and ultimately taxes to the leaders and not the other way around especially in handouts from the ND. It is hard to provide direction when we are ruled by emotions , lack of trust and always needing to be trained.

yemmit90:


No need to reply children of 2000s who know next to nothing than what dubious politicians feed them.

Some of them don't even know there was a time fuel scarcity and black market will linger for months withiout anyone doing anything about it. Did they even know how often universities were once been shut down for frivolous reasons.

At least we are criticising and cursing the government in democracy, do they know you can't do the same publicly during military era withiout getting killed or stylishly jail.

naptu2:


Then how come there was Abacha toxic petrol? Or don't you remember that??

1997 when the Abacha Regime imported toxic petrol that damaged many cars.

Sannisege:
Abacha’s son imported adulterated fuel that destroyed many lives and property. I also remember Abacha stove with sawdust when millions of Nigerians could no longer afford kerosene. May we never experience such again in Nigeria. Therefore the OP should grow up.

You guys are exaggerating. The truth is that Nigeria of 1997 was far, far better than Nigeria of today.
The bad-fuel thing was a short one-time mistake.
In China and Russia you dare not criticise the government, and Putin's corruption is legendary, but Nigerians would happily japa there if they could

Wait, let me see if I got this right.

Someone said that we did not import fuel during the military era.

Chicagograduate:
During the military government there was nothing like importation of petroleum products.Our local refineries were working fine.

and I replied with this.

naptu2:


Then how come there was Abacha toxic petrol? Or don't you remember that??

1997 when the Abacha Regime imported toxic petrol that damaged many cars.

And you replied with this

PoliteActivist:

You guys are exaggerating. The truth is that Nigeria of 1997 was far, far better than Nigeria of today.
The bad-fuel thing was a short one-time mistake.
In China and Russia you dare not criticise the government, and Putin's corruption is legendary, but Nigerians would happily japa there if they could

What the hell is the exaggeration there? It's either we imported fuel or we did not import fuel. What on earth are you trying to spin??

raskymonojendor:

During Abacha's era, Nairaland won't even exist.for you to create this post of yours let alone criticize the military government in power.

It also won't exist in China or Russia. Are they not much better than Nigeria and it's contrived, expensive democracy?
The truth is that OP is largely correct. Those were good, old days for Nigerians compared to today - except to politicians

Chicagograduate:
During the military government there was nothing like importation of petroleum products.Our local refineries were working fine.

Everything was cheap and affordable under the military until Abacha who was the military head of state died and Abdulsalam Abubakar who was his second in command took over and released Obasanjo who had been marked for execution for plotting a coup.

Tinubu who was a senator when shonekan was an interim civilian government went on exile when Abacha overthrew shonekan and he became an activist under NADECO and was using NADECO to criticise the then military regime of Abacha while on exile.

Abdulsalam Abubakar later released Obasanjo from prison and the north compensated the south with a presidential slot which Obasanjo became the president.

Obasanjo and his vice atiku sold all the government properties to their friends and that was where the proplems of Nigeria started.

Our refineries became Moribund and fuel was imported.A lot of money running into billions of dollars was budgeted for maintenance of our refineries but the money ended up in private pockets and nobody was prosecuted.


This made Obasanjo to be increasing the price of fuel in the name of subsidy removal.
He sold all government properties to his political associates.
Inflation increased, incessant strike from NLC under Oshiomhole each time Obasanjo removed fuel subsidy because the removal would create inflation.

Under ex president Jonathan government, petroleum marketers received billions from fuel subsidy in other to reduced the price of fuel but the oil marketers didn't import and supply the products after receiving payment.Committees were setup and some marketers were indicted, including Mike otedola's oil company.Up till now,no one is sent to jail or money recovered.

Many Nigerians don't know that Tinubu had a romance with the military dictatorship before he was forced out on exile.He had a romance with Abacha and benefitted from his government but because he was forced out of government he became an activist.
The problems Nigerians are facing is caused by democratic government who are the politicians that is why they keep saying that "The worst democracy is far more better than the military head of state.They have corruptly enriched themselves and want to continue to do so.

you are an illiterate

naptu2:
What the hell is the exaggeration there? It's either we imported fuel or we did not import fuel. What on earth are you trying to spin??

The exaggeration is that the bad fuel was only a one-time short-lived mistake. The exggeration is that democracy did not end importation of fuel, it increased it. The exaggeration is that those were good, old days for the common man, compared to today!

naptu2:
Wait, let me see if I got this right.

Someone said that we did not import fuel during the military era.



and I replied with this.



And you replied with this



What the hell is the exaggeration there? It's either we imported fuel or we did not import fuel. What on earth are you trying to spin??

Are you checking the monikers? It's not the same person replying you.
My points are always well thought-out before I post - hence I've never lost an argument or debate on NL

PoliteActivist:


The exaggeration is that the bad fuel was only a one-time shirt-lived mistake. The exggeration us that democracy did not end importation of fuel, it increased it. The exaggeration is that those were good, old days for the common man, compared to today!

This is a very simple thing (I assume you are educated).

He wasn't even talking about bad fuel (I used that as an example that everybody is aware of). He said that there was nothing like importation of petroleum products during the military era because all the refineries were fully working.

(I already know that's false, not only because of the bad fuel, but because General Buhari talks about how they imported refined petrol when he was head of state, I remember when Emeka Ofor was involved in the endless turn around maintenance during the Abacha era, etc).

But it is a simple issue and doesn't require any spin.

Can you answer these questions with a simple yes or no (that will determine if I will continue to engage you).

Did we import petroleum products during the military era, yes or no?

Was there "nothing like importing petroleum products during the military era", yes or no?

It's very simple.

YES BETTER ECONOMICALLY,BUT WORSE SOCIALLY,THEY WERE BULLYING CIVILIANS ,IT WAS RAMPANT THOSE DAYS.
POLITICIAN IN NIGERIA ARE TERRIBLE LOOTERS SINCE 1999 NASCENT DEMOCRAZY

General Muhammadu Buhari talking about importation of petroleum products when he was minister of petroleum in the 1970s and when he was head of state in the 1980s.

This interview took place before he became president in 2015. Yet someone is telling me that we did not import refined petroleum products during the military era.



https://www.youtube.com/watch?v=YmG_dYY7YRA?si=bNaT3AVcHAZAcNTI

naptu2:


This is a very simple thing (I assume you are educated).

He wasn't even talking about bad fuel (I used that as an example that everybody is aware of. He said that there was nothing like importation of petroleum products during the military era because all the refineries were fully working.

(I already know that's false, not only because of the bad fuel, but because General Buhari talks about how they imported refined petrol when he was head of state, I remember when Emeka Ofor was involved in the endless turn around maintenance during the Abacha era, etc).

But it is a simple issue and doesn't require any spin.

Can you answer these questions with a simple yes or no (that will determine if I will continue to engage you).

Did we import petroleum products during the military era, yes or no?

Was there "nothing like importing petroleum products during the military era", yes or no?

It's very simple.

I don't give a rat's ass if you continue to engage me. Who the heck do you think you are??
CHECK MONIKERS before you post. You are mixed-up about who posted what. Even elementary school kids knew there was importation of fuel - which exponentially increased durring our copy copy, very expensive democracy!

Exactly! Emotional outburst in order to avoid answering the question.

I was engaging with someone else and I was perfectly correct. This guy jumped into the discussion to claim that I was exaggerating. I then put the question directly to him and he cannot answer because I was correct and he was wrong. There is absolutely no way that he can prove that I was wrong. We imported petroleum products during the military era and anyone who says otherwise is wrong.

My point is made and that's the end.

I will not read anything you post because you have nothing meaningful to say.

Goodbye.

PoliteActivist:


I don't give a rat's ass if you continue to engage me. Who the heck do you think you are??
CHECK MONIKERS before you post. You are mixed-up about who posted what. Even elementary school kids knew there was importation of fuel - which exponentially increased durring our copy copy, very expensive democracy!

naptu2:
Exactly! Emotional outburst in order to avoid answering the question.

I was engaging with someone else and I was perfectly correct. This guy jumped into the discussion to claim that I was exaggerating. I then put the question directly to him and he cannot answer because I was correct and he was wrong. There is absolutely no way that he can prove that I was wrong. We imported petroleum products during the military era and anyone who says otherwise is wrong.

My point is made and that's the end.

I will not read anything you post because you have nothing meaningful to say.

Goodbye.

You sure u ok sir? You are bragging about something even elementary school kids knew? Of course there was importation of fuel durring military, only that it exponentially increased durring democracy

naptu2 is the only older adult who is so proud of himself for knowing something even kids knew - that there was importation of fuel during military! He is also about the only one who confuses someone saying that harping on bad fuel importation is an exaggeration (since it was a one-time mistake) to someone saying there was no importation at all. What a guy!

🤣 naptu2 is replying me in his diary section where he knows I can't reply - because he knows he is wrong!😆

Another example. The endless turn around maintenance of the refineries during the Abacha era. How did Nigerians get petroleum products if all of these were happening? Of course they were imported. I only engage with facts, not nonsense. You already heard Buhari in that video, petroleum products were being imported in the 1970s when he was petroleum minister! Yet somebody is saying that there was nothing like importation and another person is backing him.

Biodun556:
Businessday NG -
Buhari, OBJ and Emeka Offor
By Mohammed Al-Bishak on August 11, 2015



It is necessary to explain the relationship between Offor and the refineries. Offor founded a firm known as Anchoff Strongholds which was a clearing agent for the Warri Petroleum Refinery and Petrochemicals Company (WPRC) and later became its supplier. Between 1993 and 1994 it stunned the petroleum industry worldwide by becoming the first African company to carry out a turn-round maintenance (TAM) on the 125,000 barrels per day WRPC. It was assisted by Gidado Idris, then permanent secretary in the Ministry of Petroleum Resources, who was to become chairman of all of Offor’s companies. But practically no work was done. A probe led by Aret Adams, the best group managing director of the Nigerian National Petroleum Corporation (NNPC) ever, was instituted. The report recommended the dismissal of the WRPC managing director, Dr Owokalu, for his role in the scandal. The government acted promptly. The report also recommended the blacklisting of Anchoff Strongholds and its promoters and their ban from ever doing business with the NNPC. It was accepted.

But in the typical Nigerian fashion, the latter recommendations were circumvented. Anchoff promoters formed a new company and named it Chrome. Meanwhile, Gidado Idris had taken over from Aminu Saleh as the new Secretary to the Government of the Federation under General Sani Abacha’s military dictatorship. Chrome was awarded the contract to do the TAM on the 210,000 barrel per day Port Harcourt Refinery and Petrochemical Company, which is much bigger than the Warri refinery whose TAM had become an international scandal. Ever since then, all the country’s refineries have become comatose. This is the background to Obasanjo’s anger over the sweetheart deals between various Nigerian governments and Offor.

Obasanjo

“Take for example the decision on privatizing all refineries,” remarked the former president in respect of certain decisions he took in the days of his administration which were reversed by the succeeding Umaru Yar’Adua government which he had handpicked. “I explained (in my memoirs) that what I met were refineries that were not working, refineries that were given to an amateur for repairs, for maintenance, what they call turnaround maintenance, to the company of the Emeka Offor group. Where has Emeka Offor maintained refineries before? Where has he? That’s what we met. So, refineries were not working.”



https://www.google.com/amp/s/businessday.ng/amp/analysis/article/buhari-obj-and-emeka-offor/

Biodun556:
No sooner had Premium Times published on Monday, August 3, 2015, the first part of its interview with erstwhile President Olusegun Obasanjo than it went viral. Though the immediate context of the interview was the publication of Obasanjo’s controversial trilogy entitled My Watch, the questions from the interviewers were forthright and wide-ranging, and the responses quite interesting. Early in the interview, Obasanjo devoted considerable time and sentiments to an evaluation of a controversial government contractor, Emeka Offor, and his activities.

“Take for example the decision on privatizing all refineries,” remarked the former president in respect of certain decisions he took in the days of his administration which were reversed by the succeeding Umaru Yar’Adua government which he had handpicked. “I explained (in my memoirs) that what I met were refineries that were not working, refineries that were given to an amateur for repairs, for maintenance, what they call turnaround maintenance, to the company of the Emeka Offor group. Where has Emeka Offor maintained refineries before? Where has he? That’s what we met. So, refineries were not working.”

The diligent team of reporters tried to find out from him why he did not bother to recover the huge amounts paid to Offor’s companies, and the retired army general, noted for ebullience, surprisingly sounded helpless before a mere civilian, a mere government contractor, almost half his age. Here are his words: “(Recover money from) a man who was paid upfront? He had people. He got some police….People were there. And Emeka Offor, after I left (office), became friends with every government that has come.” Offor was, no doubt, friends with the Yar’Adua and Goodluck Jonathan governments. With this interview, Obasanjo is strongly warning the new Muhammadu Buhari administration to avoid controversial contractors like a plague. Otherwise, they would ruin the new government the way they destroyed governments before it. I should think there is merit in the wise counsel because Buhari is globally recognized for high personal integrity, and his government is the last hope of the Nigerian people to get out of the corruption cancer which has metastised all over the country.

Biodun556:
The Role of Emeka Offor



One of the most important links in this story of fuel prices and refineries is that of Emeka Offor. Offor is very rich. His wealth has made him a power broker in politics. He is one of the principal financiers of the ruling Peoples’ Democratic Party, PDP, at both the national and state levels. In the 2003 election he ‘donated’ some N200million to the PDP. The election of some of the senators, House of Representative members, state assembly members and council chairmen was said to have been funded by him. Most of the Igbo federal political appointees are said to be his nominees. They include Emeka Ani, chairman of the federal Poverty Eradication Programme; Martin Agbaso, presidential adviser on ecological problems and Martin Igbokwe, chairman of the NITEL board.



His overblown residence at Oraifitte, his hometown, situated along Onitsha-Owerri highway in Anambra State, looks like a presidential palace, brimming with opulence. It is heavily guarded by scores of mobile policemen. Offor moves about in a long convoy. He has several houses and flats in London and in Houston. He was the ‘godfather’ in Anambra politics when Mbadinuju was governor and the ‘Bakassi Boys’ ruled the streets.



Offor admits that he had a humble background. He was born in Kaduna. His father was a policeman. After secondary school, he went into business. He hit big money in 1983 when he won a contract of N19 million. He now has a chain of businesses in Nigeria and abroad. He owns Chrome Oil Services which handled the turn-around maintenance of Port Harcourt refinery. He also owns Chrome Air, a charter airline which is on retainer by the Central Bank of Nigeria. He is co-owner of African Express Bank, (Afex Bank) and a director of Niger Insurance, amongst several other companies, including Chrome Radio station in Oraifitte. Offor is a knight of the Catholic Church and close to the Opus Dei.

https://saharareporters.com/2007/06/20/how-emeka-offor-ruined-national-refineries-dr-gary-k-busch

There's more on this thread.

https://www.nairaland.com/6836259/how-emeka-offor-ruined-national

That's why I don't take these useless arguments on Nairaland seriously. Nairaland was once a place where you could find enriching content and arguments. Now many people are only interested in pushing an agenda and denying the obvious. I've got no time for that.

In 1988 the military junta of General Ibrahim Babangida embarked on the importation of refined petroleum products while the country’s four refineries underwent the required Turn Around Maintenance.

https://punchng.com/will-nigeria-exit-fuel-importation-and-fraudulent-subsidy/

Yet "there was nothing like importation of petroleum products during the military era".

naptu2:
Wait, let me see if I got this right.

Someone said that we did not import fuel during the military era.



and I replied with this.



And you replied with this



What the hell is the exaggeration there? It's either we imported fuel or we did not import fuel. What on earth are you trying to spin??

Don't follow him down his rabbit hole.

Someone made a precise comment which was answered with a precise factual answer and now he wants you to follow him down a moonlit desert of emotion and personal opinion.

nairalanda1:


There are good autocratic governments, but they are rare.

.

You are saying this because your side lost. When tinubu and buhari's side was losing, they said exactly the same thing YOU said here about the ruling PDP.

The bolded is what you supporters always claim as a defense.
If you check out my posts pre-election, you would know that inasmuch as I was neutral, I was very much against the overhyped Obi.
But my stance remains unequivocally for the people. For the betterment of the Nigerian people who are going through alot that is what I am for. I am also learned in history not to doubt their power when they say enough is enough.

kingthreat:


The bolded is what you supporters always claim as a defense.
If you check out my posts pre-election, you would know that inasmuch as I was neutral, I was very much against the overhyped Obi.
But my stance remains unequivocally for the people. For the betterment of the Nigerian people who are going through alot that is what I am for. I am also learned in history not to doubt their power when they say enough is enough.

I'm not a tinubu or Obi supporter either

I just find it amusing the way the chairs change, and the owners thereof.

So say peter Pandora giringory supporter.

nairalanda1:


I'm not a tinubu or Obi supporter either

I just find it amusing the way the chairs change, and the owners thereof.

That makes two of us. The Nigerian leaders have been using the democratic system to get away with a lot. Now even criminals with money are putting themselves into the system to create a family dynasty. At the expense of the people as usual.

I think so too

Thank you for adding more insight into my thread.Others were just attacking the messenger instead of the message.

nairalanda1:

Damm, I wasn't thinking of hitting Nairaland, then I see posts like this



Yes they were, because fuel consumption was not as high as it is now, plus many of the refineries were still new (Kaduna and new PH came on line in the 1980's)

They started breaking down from the late 1980's. It was in 1990, under IBB, that fuel scarcity started, again. (Yes, we used to have fuel scarcity in the 1970's....Subsidy related)







YOU ARE A LITTLE BABY, OGA.

No, seriously, YOU WERE NOT BORN AT ALL

THINGS WERE COSTLY UNDER ARMY RULE. Ask an older Nigerian about Essenco under Buhari. Also, go and read Americanah by Adiche. The early chapters give you a good account of how harsh eocnomic life was under army rule. Japa was happening then live...that government had to put out propaganda to stop people fleeing. There are many Nigerians who left Nigeria then.

Oga, you are a child.




Yes, as did a large number of politicians in today's PDP and APC. Nothing special there.



SW actually, thanks to June 12..



Nigeria was in trobule before Obasanjo and co came along. The 1980's and 1990's were bad economics wise.

NITEL which was sold was already underperforming. Power service was bad, and then we were importing fuel even back then, because loss of profits due to subsidy meant we had depreciating refineries.



The refineres were becoming moribound from the early 1990's when skipping of TAM started. Add subsidy which meant they could not make enough profit.





Except that price increases have been happening since 1973.

In 1981, fuel cost 15k, by 1991, it was 75k. Those price increases were subsidy related.

Also, you don't know what subsidy is really. If the prices are not raised, the government would get to a point where the cost of maintaining the subsidy would be greater than the budget of Nigeria. So partial removals happen.






They all do.


You weren't around in the 1980's and 1990's., young lad.





Which is why GEJ wanted to remove subsidy, but you guys came and chanted something about poor people breathing...and here we are.



There was some attempt at rapporachment between NADECO and Abacha. Abiola even visited Abacha day after he removed Shonekan. It was when it was clear that Abacha was not gonna enforce June 12, that Abiola declared himself President, Abacha arrested him, and then went after all his associates. Including tinubu then.





Nigeria has problems because it is a resource dependent country, and the prices of the resources we sell are never high enough to feed our growing population, or pay for subsidies. That is why we never have had a proper booming economy since independence. Even the oil boom era of 1973-82, was just money papering over the cracks.

That is why you need a government that would diversify our economy. (no it is not this tinubu government).

Army rule was just as bad as civillian rule, with the added problem of mass repression. (Which is why NLC strikes under democratic rule are more than that under army rule. NLC tried to strike in 1986, and 1994, and the army came in and arrested all of them).

Chicagograduate:
Thank you for adding more insight into my thread.Others were just attacking the messenger instead of the message.

No problem and I apologize for calling you a baby.

Though I did find your comment about things not costing much under army rule funny. I can recall as an 80s child going to Leventis and UTC, seeing something I wanted to buy and parent telling you 'Sorry too expensive '. And sometimes they would blame SAP. That's how I got forced to try to understand economics!

Sometimes we could not afford gas, so kerosene. Even then we was better than many people, but still could not afford good things. My parents had side hustles of course.

And then my parents and their generation would moan about the good old days of the 1970s when a standing fan was 16 naira, a car was 500 naira and bread was 50 kobo a loaf...good old days!