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Ngozi Okonjo Iweala Tells Johnathan “I will resign from this cabinet if the removal of fuel subsidy is reversed”

ngozi okonjo iweala Ngozi Okonjo Iweala Tells Johnathan I will resign from this cabinet if the removal of fuel subsidy is reversed

Ngozi Okonjo Iweala

Mrs Ngozi Okonjo Iweala the honourable minister of Finance who also doubles as the co-ordinating minister of the Economic Council has on wednesday during the first FEC meeting in 2012 threatens to quit the cabinet if perhaps president Jonathan should bows to pressure and reversed the removal of fuel subsidy.”

 

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  • Hacklism

    BASTARD……WICKED WOMAN

  • Jotakpo

    GOD BLESS HER and GOD PUNISH THOSE WHO DO NOT WISH NIGERIA TO GROW

  • emma

    bastard i hate u with passion

  • emma

    she is from the bottom of the hell and want to propagate the IMF mission,Revolution don start be dat,she better resign before she will be consume by fire of revolution,u are warn.

  • Imomohk

    she wants to resign madam u dont need to announce it do it fast for we have one million and one who are better off. This is what u get when u place so much on one person bcos of what he/she thinks he/she is.

  • Sanni_olalekan

    God will punished u for dat statement

  • Ebeiyambae

    madam what are u waiting for keke napep, calculux, abs ,Ifesinachi,okada,aero,arik etc wich do you prefer abeg pack your self out na only you dey for Nigeria

  • fighting for the voiceless

    Pls you do not need to resign becos we are THROWING YOU OUT!!! You have not tasted poverty or felt the pains of poor Nigerians. Daughter or rich politician who studied on stolen wealth. Try fending for yourself from scratch and see how it feels.

    • Sugar

      She is not worth our time! Lets set this protest rolling please!

  • Lucianaa34

    you are mad for the statement………….what are you talking about…..since you don eat all the money finish

  • ibrahim

    she is the biggest mad woman i have ever seen on the earth .she will die so fast amen .i can only imagine what she takes we nigerians for

  • Rrrctdct

    i dont blame her cos she dnt consider the poor nigerias……for this reason that fuel u hiking will blaze ur house, roast u and ur children. u insolent woman.resign fast ok we dnt need ur service anymore.

  • http://www.facebook.com/people/Peter-Oguntola/100001705749891 Peter Oguntola

    1) One barrel of Crude oil = 42gallons or 159 litres

    2) Our Refineries (i.e 4) Installed (combined) capacity = 445,000 … barrels per day

    3) Actual refineries capacity due to ageing equipment = 30% i.e. 133,500 barrels per day.
    4) . . 133,500 barrels = 21.2 million litres 5) Local required consumption (F.O.S) = 12millions litres6) It means that even our MORIBOND refineries can actually meet our local consumption need of petroleum.

    7) The cost structure of crude oil (i.e. Qua Iboe Crude Oil) production; – Findings / development – $3.5 – Production cost – $1.5 – Refining Cost – $12.6 – Pipeline/transportation – $1.5 – Distr/bridging fund Margin -$15.69 ‎8) True cost of one litre of petroleum anywhere in Nigeria; – Total sum cost = $34.8 – 1ltr cost = $34.8/159 litres = $0.219 – Naira equiv. 0.219xN160= N35.02k – Add Tax N5 + N35.02 = N40.02 9) Let FGN refute the above composition and if not, they should tell us how they came about N65/litre. 10) Locally refined products cannot be sold at International price. 11) We really do not need FGN SUBSIDY as there was NONE in the first place. 12) What is LACKING, is the WILL to enforce LAW ON CORRUPTION. Pls re-post until it gets to the right quarters for their response; We still stand a chance as a COUNTRY. Analysis by Professor Tam David West, former Petroleum Minister.

  • Arckoriyel

    Of what use is she to Nigerians….. Ngozi resign n go to hell…. Dats ur problem
    You call urself a leader….. A leader that do not hav sympathy for her people…. All u care about is ur ministerial sit…. Shame on u.

  • Agbon Dallas Texas

    go to hell…who cares……

  • Eddyiyasele

    yasele Edwin ‎@chidinma.it is a dan shame that Nigeria is an economic puppet to international bodies.They corrupt our leaders by giving us ODIOUS,DUBIOUS AND UNSUSTAINABLE LOANS that create economic distortion,exacerbate economic problem,one size fit all,the insistence on spending cut,taking away political autonomy and creating moral hazard.Using our economy for their profit.Let her resign it will be better for us.We should use the implementation of sound economic and financial policies,continue structural reforms,including in the areas of Governance(transparency,accountability and efficiency of the use of public resources.)civil service reform and privatization and a stable external environment to better our economy not subsidy.They are thieves.Is there any social mechanism(credit facilities) in place to cushion the effect on the masses?.MY BROTHERS AND SISTERS it is time we collectively put ideas together to raise the standard of living in Naija.RICH COUNTRY WITH POOR PEOPLE.

    • drwiz

      I think on a larger scale,removing the subsidy will help Nigerians on a larger scale.
      Nigerians keep making stupid decisions and this includes the leaders and the grassroots!!!
      First of all we have not been able to manage our refineries and boost/satisfy local consumption. Secondly we export raw crude at a lower price and import back the fractions(petroleum,diesel E.t.c) at a higher price. if you aggregate all the cost  of the several fractions into one you would see that it is costing Nigeria more money. Then thirdly,the FG has to pay an amount(subsidy) to reduce the amount for poor Nigerians.
      You see how the stupidity goes in cycles!!!
      I think the subsidy has to be removed but not immediately as the poor people of Nigeria are already addicted to this means. So it will make sense for them to wean the populace of it gradually.

  • Mkbell35

    so if it works all the curses will return back to those cursing her.

  • St_tony2002

    She is wicked, evil and a disgrace to world bank and all professionals. We thought u were coming to this administration to help improve d suffering of d masses of our great country, most of us are still surprised that u can not advice GEJ to provide a constant electricity and make sure all our refinery are work very well n able to supply the amount of our petroleum consumption per day. before looking at taking way the subsidy. we don’t need bastard like u in our Government, Can this happen in the US or in d UK? u are so unpopular with this useless comment. thieves

  • drwiz

    I think on a larger scale,removing the subsidy will help Nigerians on a larger scale.Nigerians keep making stupid decisions and this includes the leaders and the grassroots!!!
    First of all we have not been able to manage our refineries and boost/satisfy local consumption. Secondly we export raw crude at a lower price and import back the fractions(petroleum,diesel E.t.c) at a higher price. if you aggregate all the cost  of the several fractions into one you would see that it is costing Nigeria more money. Then thirdly,the FG has to pay an amount(subsidy) to reduce the amount for poor Nigerians.
    You see how the stupidity goes in cycles!!!
    I think the subsidy has to be removed but not immediately as the poor people of Nigeria are already addicted to this means. So it will make sense for them to wean the populace of it gradually.

  • Funmi

    U’re a born bastard if u don’t resign bcos u don’t knowuffering is all about.wat s 

  • Funmi

    U’re a born bastard if u don’t resign bcos u don’t know wat suffering is all about…foolish woman.

  • Bruceugiomoh

    Carry go jo!

  • Bruceugiomoh

    Carry go jo!

  • Lincoln

    she cannot afford to resign,people need to see her property in maryland,usa and tell me how she is going to pay for the mortgage. all the petroleum contracts is executed by her brother,that is why she doesn’t want subsidy

  • Omo Oba

    Please Ms. Commissioner resigned now.

    • Omo Oba

      Error mine, Omo Oba, corrected version posted. Thanks.

  • Omo Oba

    Please Ms. Minister resign now!!!!!!!!

  • Dida

    “should bows to pressure and reversed”….wonders shall never end

  • Femiadisaisikalu

    Madam chubby cheek”s cheeky  attitude shows she thinks she is indispensable. i dont give a hoot if she even renounce her nigerian citizenship peep like her are only fit for the garbage. A seasoned economist should look for alternative on how to augment Nigeria’s revenue not robbing the masses to pay the cabal. Dumb ass.

    • Anonymous

      I would expect that 100 Nigerians collecting 1/3 of Nigeria’s budget are the Cabbal we all hate including you?

  • Nathanielarome

    Please do it now b/cos we are going to throw you out very soon (soonest)

  • Kenny4allsweet

    lets give this government chance, many may try and fail, but who knows what they have in mind. i believe, for Nigerian to implement a good policy the masses will feel it.

  • Austineonoro2005

    Nigerian Government has promised to pay civil servants salaries on February 20, 2012 because of oil subsidy removal. What will that mean to them. Government should increase their salaries to match the increase in prices of commodities caused by the removal of oil subsidy. Mrs  Ngozi Okonjo Iweala  the Finance Minister should take this seriously.

  • Kevo2b

    Madam resign. na only you dey! Finance Minister OBJ, Same thing GEJ. Please resign cause Nigerian are kicking you our

  • Rusytone

    It seems the suffering of the masses is where she derives are joy from, instead of her to advice the federal government to open refineries, constant light, at least, as a “MOTHER” that she was suppose to be, before the removal of the subsidy can be in place. she’s talking about quitting, she can go to hell, there are better Nigerians who will do better work out there.

  • http://www.facebook.com/people/Joseph-Anyagwa/100001270321486 Joseph Anyagwa

    Abeg resign o….abeg resign. it is obvious u don’t kw wat people r goin tru..idiot

  • ideyvex

    If she had her head screwed on properly, she would have probably threatened to resign if the govt didnt identify and punish the so called cabal responsible for the corruption and wastage in the downstream sector. No she decided to do the ignoble thing…them that the gods want to destroy…….

  • gln

    I bleive you Gnozi

  • adesco

    Na thunder go fire you & that your mouth if you no resign…you be God?

  • adesco

    You are nothing but a devil’s advocate…idiot! You wey you fit sleep now make you no wake up for day break! Remember,…He that thinketh stands should take heed lest he falls!

  • http://www.facebook.com/people/Clement-Agida/609334913 Clement Agida

    she will rot in hell!!!

  • Princemooreng

    she shd resign fast fast, yeye woman.

  • Bogunwole

    She shouldn’t wait for 1 additional day, As a matter of fact, We would pledge to raise money for her ticket back to wherever she is coming from. All this textbook approach to things is not going to work here, practically i don’t think she can implement the promises of Oil subsidy removal. 

  • Tie

    It is a lie. She has not threaten to resign.

  • Righteousbasshir

    Okonjo wahala wants to resign if govt reverse its nigeria decision on fuel subsidies,no wander that Baba rubbish her in his time.u were invited by the president to punish our economy. how can the president invites to to nigeria through ngozi wahala.south-south agenda 

  • Happiness_uzoma

    Resign that will be good.And is not a question of saying just stop going to work. The fuel subside must be removed in Jesus Name. Amen

  • http://twitter.com/cvfred offem lekam ujong

    I will never fail to respect you, a lot of people did not know the real defination of the removal of oil subsidy. Let us enlighten our people, the removal of oil subsidy is a welcome development and must be uphold and implemented. Let us respect our leaders and a constituted authority.

    • john

      hmmn,you will regret this someday

  • Dejiaminu

    This woman please resign now because there is no alternative to reversing the oil subsidy  and put the price to =N=65.00/ltr

  • Olembeshakor

    there is something i dont understand o! Does The fact that you have an injury on your eye and the FLIES perch on it mean you should remove your eyes??? Why must innocent people get punished for the crimes perpetrated by the same government officials? after all is it the masses that export, refine and import petroleum products? are they the ones in charge of  regulating petroleum products? are they the ones that plan the budget? who are those incharge of the subsidy process management? are they not human beings? cant those perpetrators be brought to justice if they are HUMAN BEINGS or better still be DESTROYED if they are mere stones or wood. if subsidy must be removed, the load it carries in the past where will such load rest? On the masses… THE POOR MASSES??? and so many other questions like that o!

  • Olayinka

    see the only prayer, i have for you is that god we punished you.

  • Gorryll2

    Let Ngozi resign and go back to where she came from. Or even go to hell. Her interest and her western masters interest con never supersede the interest of more one hundred million people.
    Infect let her even proceed to hell.

  • Thelma kalu

    The Lord will fight for us & we will hold our peace!

    • Henryedu

      no…the lord will only fight with us if we make a move to fight…..remember d bible says..heaven helps those who help themselves

  • Uche

    ·         Ngozi resign and go back to where you came from. Or even go to hell. Your interest and that of your western masters’ interest can never supersede the interest of more than one hundred million people.  I wish you had tested poverty in your entire life, you will know the cause you are about to bring to yourself and that of your…In fact  proceed to hell

  • Aghoghoagoreyo

    let her go we dont want her JonathaN YOU ARE A HUMAN RELIEVE US OF THIS BURDEN

  • http://www.facebook.com/people/Stephan-Umukoro/1549392576 Stephan Umukoro

    You are hereby sacked. No need to go back to your office or your official apartment because the years spend abroad is wasted.

  • Shanpepe

    You can bloody well resign who gives a damn! It shows you cannot solve the equation: putting the cart before the horse! Wrong answer madam, What a laugh!

  • http://www.facebook.com/MICHAELMIMO Odukoya Michael

    see what is happening, so resign now

  • Tosin Amakor

    You are of no use to anyone.During the time you have been in office this country has not improved from anything you have done. Since you are inept in your job you should vacate your position and allow a younger and more progressive person, who also possesses integrity, to take your place. More young and energetic people in the government, who love and care about Nigeria and its future, would be worth one million of you. So take a back seat, stop being so sad and full of self importance, and let the real people get on with the job of ruling the country.

  • Polycarpanddorcas

    Nigerians need to think, there is no different in removing oil subsidy and increase in pump price. offcourse, the former is better. The minister has forseen the future, a step that should have been taken long ago

  • Boniface Ebere Akachukwu

    May God forgive and help us to understand that what the government is trying to do is for our own betterment, Insulting, abusing and quarrelling the government or calling them names is not the solution, let us tarry a little please, all shall be well bikonu, abegooo, ijoor,

  • http://www.facebook.com/felix.inije Felix King

    No reason is worth it,they come into powers overnight n want to enslave d poor,how do u inflate prices over night with 110 percent increase, u know fully well dis will affect every other sectors of production, n d govt should know d masses are suffering,no good water,electricity,and roads to mention but a few,n corruption is d order of  d day,pls d govt should all resign,if they know they are not capable to do their jobs,go abroad u see all their kids in foreign schools and they inflate prices with differences of 110 percent.pls enough is enough if Jonathan is not capable let us call 4 revolution.since we have animals out there as govt.

  • Anonymous

    Good talk I support you 101% lets do away with the subsidy! If after this government talks about subsidy again then lets call for revolution then! For now I will not support the payment of 1/3 of our national Budget to 100 individuals while the rest 150million share only 2/3!

  • Kennugo

    They are talking “scarifies” let Jonathan and all the executive and legislative members including the appointees like this Minister, start by sacrificing 50% of their allowances and we will b convinced for sure they are serious….

  • Chidi Joseph Emmanuel.

    It is so painful that
    Nigerians lack trust and confident in the Nigerian Government due to
    the past experience faced by the Old Government of the ” So Called
    GENERALS”… I want to educate us more on the removal of subsidy . There
    are more benefit to the removal of subsidy than subsidy to stay . We
    have been clamoring on this Deregulation (privatization)long ago but
    because of the siphon… and Wickedness from your past Head of States .
    We have forgotten that Federal Radio Communication network(FRCN) and
    National television authority(NTA) are the only people operating the
    Industry but with the deregulation(privatization) there has been so many
    private television and Radio stations in the country as same occurs to
    the Communication industry . With the likes of “Ni-tel”
    “MTN”,”GLO”,ETISALAT and even the so called scamming network from them
    ”
    E

    CO-NET…ZAIN, AIR-TEL, … Now President Goodluck Ebele Jonathan is
    trying to make things easier and we are congesting it the more … Ten
    power plants will be commissioned next year so the pain can reduce while
    we enjoy. We have been deceived and cheated…Please don’t let it fall
    back on our Children … The Oil belongs to all Nigerian not the cabals
    alone. I support the removal of Subsidy fellow Nigerian.
     

  • Bukhari Oyewale T

    Iya its high time you resign, there is no point telling us, we didn’t know when u are taking up the appointment. the best is u quit if its our suffering u want . What has happened to the previous subsidy removed.

  • Adewally Xk

    MONKEY, DONT WORRY NIGERIAN YOUTHS ARE COMING FOR  ALL OF YOU .  HOW COME YOU DIDNT RESIGN  BASTERD