Tuesday, January 10, 2012

à la SUBSIDY

A subsidy (also known as a Render) is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributed as subventions in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire more labor (as in the case of a wage subsidy). Examples are subsidies to encourage the sale of exports; subsidies on some foods to keep down the cost of living, especially in urban areas; and subsidies to encourage the expansion of farm production and achieve self-reliance in food production.

Hi y'all... like they say the new greeting is now - 'e ku subsidy o'! Major league shout out to those involved in the #OccupyNigeria protests; RIP to those that were killed yesterday, may God console their folks, and may those responsible for this cruelty not find favour in the sight of God! Is that harsh?! ... ask the family of the deceased!

Still on the rude shock that our dear Presido, Oga GEJ hit us with after the year barely started...

THE GOOD SIDE:

1. Those that were ignorant of the word 'Subsidy' now not only know how to spell it, but also what it means

2. Boys now have the 'fuel angle' to woo girls... If he drives down all the way from very far away to see you (in this new Nigeria where fuel is N200/litre), be impressed! Oh, that reminds me of a picture I saw somewhere:


hilarious, innit?!

3. I now have all my 'working-class' friends at home to spend time with (except for Kay! Dude, I bow for your boss) ... thanks to the strike, thanks to the fuel subsidy removal!

THE BAD SIDE:

1. Cost of living is now overly expensive!

2. President GEJ has been given plenty insulting names e.g. Badluck, Goodnot, Egbere, Jonatus, Jonoton (which in Yoruba means burn totally), etc.

3. Plenty have been injured, and lives have been lost! Need I say more?

I'm aware that some people are in total support of this fuel subsidy removal, but can't they see that its negative consequences outweigh the positive ones?! Maybe the removal is needed, but maybe the timing is wrong? I think I support this young lady here:


So here we are, Day 2 of the #OccupyNigeria movement, the crowd is screaming:

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