Thread by @akaebube

"I told you so" is inevitable

You cannot sell off Kevin De Bryune whose form was Transforming with time and bring in a hyped Bakayoko

Then expect people not to say "I told you so" when Bakayoko turns out to be a big flop.

When GEJ came into office in 2011.

His first major step was to engage KPMG to audit NNPC and come out with a report on the fuel subsidy regime.

In their report, KPMG recommended that the way forward is for Subsidy regime to go and pave way for a deregulated Market

Following the KPMG Recommendations and after due consultation with his economic team of NOI, Sanusi etc

GEJ moved to close the Subsidy regime in 2012 and pave way for full deregulation of the downstream sector.

Then "OCCUPY" happened

I recall how I was demonized for arguing in favour of a total closure of subsidy regime and the need for a fully deregulated market.

The OCCUPY protest sowed a seed of hatred against GEJ and he never recovered from it.

But here we are today.

The goal was to totally remove subsidy and fully defegulate the sector.

This will ensure that the window for graft in subsidy management is closed,

Market forces of supply and demand will determine price

And thereby create a free market for private sector refineries to thrive

We argued back then that a free downstream market may be hard for the common man in the short term

But things will improve in the long term

Many will be driven by profit motives to start private refineries and competition will eventually drive prices down

Jobs will also flow

Those who sponsored "OCCUPY" knew the truth

They know that the sector can't move forward without removal of subsidy and total deregulation.

They know that investors won't be willing to go into private refining while govt determines pump price

But politics must be played

You stopped a man's move to remove subsidy and deregulate

You said he was "deliberately wicked"
You said govt doesn't need to remove subsidy
You said pump price can be N40

People believed and handed you the job

Things got worse

And you expect us not to say "I told you so" ?

Ahead of 2019,

We have to always remind you that "I told you so"

So that you will be more rational in your choices.

So that you don't CHANGE Kevin De Bruyne with Bakayoko

Or say "NEPA Certificate doesn't matter"

Or believe those who say power can be fixed in 6 months.