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Nairaland Forum / Nairaland / General / Politics / Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors (36577 Views)
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Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Valmekyz: 7:15am On Apr 09, 2020 |
Somebody should help me before this thing gets out of hand. I've exhausted my foodstuff and cash in this lockdown. Someone pls help 2147197724 UBA Thanks |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by juman(m): 7:16am On Apr 09, 2020 |
I dont believe him. Let wait and see. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Centcanada: 7:16am On Apr 09, 2020 |
So another Kyri still day? Make covid19 catch you, you will know that your name has been writing in the book of corona as a bad name. Keep on diverting fund like your papa chief of staff. The zooo has fallen! |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by donbenz(m): 7:17am On Apr 09, 2020 |
I’m actually not surprised. What a country.. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Matty91(m): 7:21am On Apr 09, 2020 |
Thieves, Na God go help Naija. These old men ready to milk us dry. ![]() |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by TOPCRUISE(m): 7:21am On Apr 09, 2020 |
All the Kyari family are in key positions in this country. This is not good ![]() |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by grandstar(m): 7:22am On Apr 09, 2020 |
I did not bother reading the article because it will leave me angry. The only reason why there are no more subsidy payments is that the price of crude oil is presently very low. The price, however, won't stay this low forever. That is the point the government is missing, not the government but Buhari. The government made the big mistake of simply reducing the price. It should have deregulated the price of petrol and let the price be dictated by market forces as was done with diesel long ago. Once the price rises, there will be an immediate need to start subsidizing it again, jeopardizing the so-called N475 billion savings. Buhari's Statist and leftist bent has messed the economy and left it in tatters. Economic growth has never exceeded 2% a year during his term in office. The disastrous foreign exchange control policies he introduced upon the assumption of office in 2015 starved the economy of dollars and led to the mass closure of companies triggering a very severe recession. He has refused to deregulate the price of petrol as advised by his petroleum pick, Kachickwu, and instead, prefers to keep the status quo of a fuel subsidy. Please take my word for it. The proposed N475B savings is simply delusional. 2 Likes 2 Shares |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Bighead9: 7:22am On Apr 09, 2020 |
Buhari is working.
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Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by adecz: 7:24am On Apr 09, 2020 |
![]() ![]() “ That means that you have the cross - border issues , which is because you are selling fuel at a lower price than the market price and we are therefore practically supplying fuel to the whole of West Africa". So, why do we have Customs Service? We don't like telling each other the truth.. If such volume of smuggling is going on, it means Customs are not doing their work or are even the perpetrators of the smuggling.. instead of removing Hamed Ali for incompetence, they are suffering the people with border closure. 1 Like 1 Share
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Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by mila1121(m): 7:25am On Apr 09, 2020 |
But would you be willing to cut down your percentage and that of the oil blocks owners managing accounts both in offshore and onshore |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by 9jaRealist: 7:27am On Apr 09, 2020 |
. Only N457 billion? ![]() It should be at least N1 trillion... Going by what they used to pay to importers. Have they started to chop the cash already? ![]() > 1 Like 1 Share |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Lisaint(m): 7:28am On Apr 09, 2020 |
Immediately APC came in after Jonathan They said they are ending subsidy hence the need to review the price from 87 to 145 After this they bought a new term UNDER ROCOVERY Which is another subsidy They have start another scam Just watch they will bring another term |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by enemyofprogress: 7:29am On Apr 09, 2020 |
Where is the original kyari that we all know? |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Ventura1: 7:30am On Apr 09, 2020 |
Is there any hope of generating such amount with crude oil at less than $30? They only want to sway the mind of the gullible |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by 9jaRealist: 7:32am On Apr 09, 2020 |
Hezmatosky: That usually happens in countries where citizens actually pay their taxes... ![]() > |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Urchman200: 7:33am On Apr 09, 2020 |
Adeolajude:4get Nigerian politicians concentrate on the one's in power then u can make sense, some of u who are retired apc zomby ,will always like to generalize the failures of this government by using the word our politicians. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Urchman200: 7:36am On Apr 09, 2020 |
I thought they said no subsidy, only them are removing the same subsidy now,those who have stupidly supported this corrupt administration will have no peace. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by tunmmyunited(m): 7:36am On Apr 09, 2020 |
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Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by kantap: 7:36am On Apr 09, 2020 |
They should send it to the poor ASAP. Meanwhile, I am giving this IPhone X 256GB white colour phone with 100% functionality and no body scratch away to a serious buyer especially Imo residents for N185k only. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by MISSCONGENIALITY(f): 7:37am On Apr 09, 2020 |
sexyking1:That's what it means. Money changing hands and disappearing into thin air. Once you hear them say 'DIVERT' just forget it. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by 9jaRealist: 7:37am On Apr 09, 2020 |
OlujobaSamuel: Bros, kerosene and diesel (as well as aviation fuel) pricing were deregulated YEARS AGO... That’s one reason the petrol subsidy made little no economic sense - given that diesel, kerosene and aviation fuel impacted the citizenry more. > |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Cruzzygraphics4: 7:39am On Apr 09, 2020 |
Lalasticala |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by AbdulAkpan: 7:42am On Apr 09, 2020 |
PUT IT IN THE HEALTH SECTOR! |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Chukazu: 7:48am On Apr 09, 2020 |
You getting companies to run the refineries... Why not simply sell them off? ... Bunch of Confucius |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by mrkings84(m): 7:51am On Apr 09, 2020 |
How many Kyari do we have in this government? |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by slowice(m): 7:53am On Apr 09, 2020 |
I ve lost faith in this government, I don't trust them at all. I still remember how the last administration distributed subsidy fund and it wasn't even full subsidy removal. They gave grants directly to Nigerians with valid business proposals through sure p and you win platform. But this current guys make sure they steal everything and if there's anything to be given to Nigerians, it will be done fraudulently and not on merit taking everything to the North. Can't trust them any more. |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by Chukazu: 7:54am On Apr 09, 2020 |
9jaRealist: Forget it... The 1trillion been Brandishing was used to rig election |
Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by igwefivestar(m): 7:55am On Apr 09, 2020 |
valentineuwakwe:I want ask which kyari until I saw Mele Kyari
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Re: Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors by guy222: 7:56am On Apr 09, 2020 |
afrika:Making sense until you mention jonathan |
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