House Of Reps Calls For Outright Removal Of Subsidies - Politics

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House Of Reps Calls For Outright Removal Of Subsidies - Politics - Nairaland

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House Of Reps Calls For Outright Removal Of Subsidies by peekspot(m): 7:26pm On Jun 02, 2023

The House of Representatives is asking the Federal Government to remove subsidies on all petroleum products.

The House made this resolution after adopting the report of its ad-hoc committee which investigated the country’s subsidy regime.

The lawmakers, however, want the FG to immediately design measures and palliatives to cushion the effects of the subsidy removal for Nigerians effectively through the provision and procurement of CNG Busses as an alternative Transport System with Cheaper Fuel Consumption, as well as introduce intermodal, regional and national transport system to ease mass movement of people across the country.

The legislators also called for further investigation through a forensic audit by the office of the Auditor General of the Federation to ascertain whether the N413billion borrowed from the CBN for subsidy payments was refunded after the passage and assent of the 2015 budget as earlier approved by the President.

And following the subsidy removal, the lower chamber further wants the government to suspend all Direct Sales Direct Purchase (DSDP) contracts.

https://www.channelstv.com/2023/06/01/reps-ask-fg-to-remove-subsidies-outrightly/

37 Likes 6 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by NwaNimo1(m): 7:27pm On Jun 02, 2023

Day 4.....

70 Likes 9 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by HacheNoire: 7:28pm On Jun 02, 2023

Fantastic!

Way to go!

51 Likes 8 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by Ismael97(m): 7:28pm On Jun 02, 2023

Useless, wicked and insensitive bunch of jokers called Leaders. The proceeds from the removal of this subsidy would be looted by Tinubu and his cronies. This economic policy is inimical and detrimental to the interests of the common Nigerians

99 Likes 17 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by BloomingDale(f): 7:36pm On Jun 02, 2023

Ismael97:
Useless, wicked and insensitive bunch of jokers called Leaders. The proceeds from the removal of this subsidy would be looted by Tinubu and his cronies. This economic policy is inimical and detrimental to the interests of the common Nigerians

They were borrowing to fund the subsidy.

83 Likes 7 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by Ismael97(m): 7:37pm On Jun 02, 2023

BloomingDale:

They were borrowing to fund the subsidy.

I understand all that. But Nigerians are suffering. We are suffering.

52 Likes 5 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by YouandiAllofus: 7:38pm On Jun 02, 2023

Same opinion here. The subsidy removal should take immediate effect since the aftermath effect is our reality already!

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Re: House Of Reps Calls For Outright Removal Of Subsidies by richidinho(m): 7:40pm On Jun 02, 2023

Nigerians calls for outright removal of sitting allowance, newspaper allowance, entertainment allowance and all other benefits of all the house members

Nonsense and ingredients, i dont blame una...

I blame the idiots that are supporting this anti people's policy

Touch what benefits them and watch how they will react

147 Likes 11 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by Badgers14: 7:57pm On Jun 02, 2023

Re: House Of Reps Calls For Outright Removal Of Subsidies by Angelfrost(m): 7:58pm On Jun 02, 2023

Removal is already a foregone conclusion...!

However, cushioning and palliatives should have been put in place long before now!

You don't place the cart before the horse...!

39 Likes 4 Shares

Re: House Of Reps Calls For Outright Removal Of Subsidies by arejibadz(m): 7:58pm On Jun 02, 2023

Ismael97:
Useless, wicked and insensitive bunch of jokers called Leaders. The proceeds from the removal of this subsidy would be looted by Tinubu and his cronies. This economic policy is inimical and detrimental to the interests of the common Nigerians

atiku and obi would have removed it to

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Re: House Of Reps Calls For Outright Removal Of Subsidies by Passionate888: 7:59pm On Jun 02, 2023

Re: House Of Reps Calls For Outright Removal Of Subsidies by Onyiiobi7735(m): 8:00pm On Jun 02, 2023

Very good move.Those fiercely opposed to the subsidy removal,are benefiting from it.But the president must not be swayed by them but stand firmly like a rock on the decision.
Nigeria must be better.

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Re: House Of Reps Calls For Outright Removal Of Subsidies by owiko(m): 8:00pm On Jun 02, 2023

Re: House Of Reps Calls For Outright Removal Of Subsidies by Yankiss(m): 8:01pm On Jun 02, 2023

Nigeria has no option at moment. The debt profile is staggering. Removal of subsidy is the only way out of the mounting debts and endless borrowing to subsidize fuel for the entire West African subregion. Remove subsidy and smuggling will cease.

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Re: House Of Reps Calls For Outright Removal Of Subsidies by Fafesot: 8:01pm On Jun 02, 2023

Re: House Of Reps Calls For Outright Removal Of Subsidies by BethiMcCauley: 8:02pm On Jun 02, 2023

https://www.youtube.com/watch?v=SGzbmSesHd0

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Re: House Of Reps Calls For Outright Removal Of Subsidies by dahmie2013: 8:02pm On Jun 02, 2023

Theirs is even funny, asking for the removal of "all subsidies on petroleum products".

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Re: House Of Reps Calls For Outright Removal Of Subsidies by Segzy19: 8:02pm On Jun 02, 2023

Why can't you be positive for once.
You even said you are dying... Na wa o!

If you die now Nigeria won't miss you...
Pray this government succeeds so that we can all benefit. Leave politics, political affiliations or dislike for the current president aside for now.... He is our president as per reality and if he fails, then we will all have more troubles...

Be optimistic and patient a bit more.
Things can't get any worse than it was under Buhari. This pain is like pain of circumcision. Once it heals, na to dey do fine boy o but the short pain will first be there...
There shall be light soon..

Ismael97:

I understand all that. But Nigerians are suffering. We are suffering. I'm dying

28 Likes 1 Share

Re: House Of Reps Calls For Outright Removal Of Subsidies by Benjaniblinks(m): 8:02pm On Jun 02, 2023

Re: House Of Reps Calls For Outright Removal Of Subsidies by mayor1814: 8:02pm On Jun 02, 2023

They are not feeling d effect in d increment of fuel, food, transport fare etc. May God help us d masses.

11 Likes 1 Share

Re: House Of Reps Calls For Outright Removal Of Subsidies by superCleanworks(m): 8:02pm On Jun 02, 2023

Nigerian government only remembers to bathe after dressing up.

All this talk should have come up before the removal of subsidy.

we have started hearing PALLIATIVE again. next thing they will say they have shared 2 billion to THE POOREST HOUSEHOLDS and no data to back it up.

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Re: House Of Reps Calls For Outright Removal Of Subsidies by falcon01: 8:03pm On Jun 02, 2023

This is Nigeria

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Re: House Of Reps Calls For Outright Removal Of Subsidies by Tayorshd87(m): 8:03pm On Jun 02, 2023

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Re: House Of Reps Calls For Outright Removal Of Subsidies by Machinegun91(m): 8:04pm On Jun 02, 2023

Because it is affecting them

Re: House Of Reps Calls For Outright Removal Of Subsidies by Ismael97(m): 8:04pm On Jun 02, 2023

Segzy19:
Why can't you be positive for once.
You even said you are dying... Na wa o!

If you die Nigeria won't miss you...
Pray this government succeeds so that we can all benefit. Leave politics and political affiliations aside for now.... If the president fails, then we will have more troubles...

Be optimistic and patient a bit more.
There shall be light soon...

Amen.

6 Likes

Re: House Of Reps Calls For Outright Removal Of Subsidies by Afobaba33(m): 8:04pm On Jun 02, 2023

Very good 👍

Re: House Of Reps Calls For Outright Removal Of Subsidies by Meliziz: 8:05pm On Jun 02, 2023

Removing or not removing subsidy what has that got to do with an average Nigerian. We can't be producing oil and be paying from our nose for it. Nature gave us oil to soften our lives in that aspect. Govt has to do all it could to make us enjoy what nature blessed us with! This is pure common sense ...
As if we will even see anything the money is used for except the echelon looting and relooting tuehh!

11 Likes

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