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Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced (12300 Views)

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Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by maasoap(m): 6:00pm On Aug 07
Salewa97:
Tinubu is navigating a tough economic landscape,

He didn't meet tough economic hardship, he created it.

no doubt. The challenges of inflation are real, but I believe he’s committed to finding solutions. Let’s give him some time to implement the policies that will truly benefit the masses. Progress takes patience.
Regression is what we're witnessing in case you don't know the right word for it
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by maasoap(m): 6:05pm On Aug 07
Philipponzaghi:
Tinubu is trying to stabilize the economy amidst these challenges. The reality is that the past administrations left us with a mess. Let's focus on solutions instead of just complaints. The future is bright if we all play our part!

How come citizens were not on the streets protesting hunger and hardship under past administrations?
Tinubu can't stabilise disruption he caused unless he reverses his wicked economic policies.
Tinubu believe so much in more money for the govt to be sharing that he doesn’t care if such increased revenue doesn't have any value. Tinubu is an economic illiterate

1 Like

Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by jattopeter(m): 6:27pm On Aug 07
What's this one saying.
Concept ke,
Since Fuel Subsidy was Removed, what has the citizens Benefits?
20 Billion for VP Lodge, How many Billion spent to purchase car for Senate and Rep?
Among all the palliative they are using to scam us, how many have you benefited or did you know some body that has benefited any of the palliative?
For the 20Trucks of rice that was alledge to have been sent to each States. How many have you seen or received?
You can't remove Subsidy without nothing to show forth for it.
Among all the billions shared monthly for allocation to each state , how many have transformed life of Citizens.
My fellow compatriots, let's tell our self truth.
You can not be living large, Including the state Governors at the detriment of the citizens, it's an abberation.
The only social programs that Citizens enjoy is just the Fuel Subsidy.
Remove the Corruption in Subsidy not the subsidy.
We never knew the important of it , until it was removed and we are all feeling the heat .
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by jattopeter(m): 6:30pm On Aug 07
What's this one saying.
Since Fuel Subsidy was Removed, what has the citizens Benefits?
20 Billion for VP Lodge, How many Billion spent to purchase car for Senate and Rep?
Among all the palliative they are using to scam us, how many have you benefited or did you know some body that has benefited any of the palliative?
For the 20Trucks of rice that was alledge to have been sent to each States. How many have you seen or received?
You can't remove Subsidy without nothing to show forth for it.
Among all the billions shared monthly for allocation to each state , how many have transformed life of Citizens.
My fellow compatriots, let's tell our self truth.
You can not be living large, Including the state Governors at the detriment of the citizens, it's an abberation.
The only social programs that Citizens enjoy is just the Fuel Subsidy.
Remove the Corruption in Subsidy not the subsidy.
We never knew the important of it , until it was removed and we are all feeling the heat .
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Chaolin: 6:42pm On Aug 07
sIfioksq:
Tinubu is working hard to ensure that resources are managed effectively. It's not easy, but with his leadership, we trust that better days are ahead for Nigeria. Let's keep supporting our President as he navigates these challenges.


Your Tinubu is not doing anything and can't do doing
Infact Tinubu is always traveling to Paris for medical attention
Nonsense and ingredients
Let just divide this country and allow the igbos to go peacefully
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Demajor2022: 7:05pm On Aug 07
Who is spending the local govt allocation?
Useless governor.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Ezmans: 7:17pm On Aug 07
sIfioksq:
Tinubu is working hard to ensure that resources are managed effectively. It's not easy, but with his leadership, we trust that better days are ahead for Nigeria. Let's keep supporting our President as he navigates these challenges.
he is a failure, like play 4 years will end with the same story
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by mosicola(m): 7:28pm On Aug 07
But you won't pay 70k minimum wage knowing that the purchasing power has decreased. Mumu man
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by smirn(m): 8:39pm On Aug 07
HIGHESTPOPORI:
Very true
Your allocation was doubled and yes there is reduction is purchasing power and you did not see any reason why you should also double the total pay of your state workers and pensioners knowing fully well that purchasing power has dropped. These governors are good for nothing set of politicians. Some of them are yet to even pay the 30k previous minimum wage. They should not worry the people will soon come for them.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Osgilliat(m): 9:04pm On Aug 07
Clueless governors. Big chunk of FAAC are suppose to use to generate value. Governors need to get industrious and creative.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Indispensable85(m): 9:17pm On Aug 07
When it's time to buy luxurious cars the purchasing power doesn't reduce. It only reduces when it's time to do the things that benefit the poor masses. God punish u there. Go and see what ur mates in zamfara, bornu, abia, lagos, niger are doing. Fat pig
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by sterlingD(m): 12:04am On Aug 08
okeyley:
All these bots sef using chat gpt erodding the sweetness of this forum


Back to the topic
Even our minimum wage is less than $40 so how man pikin go take survive

The Governor said it all
Truly we are living in perilous times
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Mandate1: 12:30am On Aug 08
favor914:
Economic & social Illiterates please be silent, states that were collecting 2 billion Naira 2 years ago, are collecting 6 billion Naira today, yet these incoherent clowns say money no reach, and their confused damned citizens say na President fault.

How much money were you & your state government able to raise on your own, to complement the free money from Abuja?
if anyone is the clown, it's you. Before you criticise the gov, take a deep breathe and assimilate what he said. If For example Benue state gets FAAC allocation of #2bn last Yr and the exchange rate is #400-$1 2bn/400=5m dollars. Today the same Benue receives #6bn, and the exchange rate is #1500-$1. If we go by the same arithmetic, #6bn/1500=4m dollars.

Benue state got more revenue in naira form under Buhari, but the real value has decreased. This is why someone who earns 50,000 under Buhari is way better than someone who earns 100,000 under Tinubu. A bag of rice under Buhari is 30,000, same bag of rice under Tinubu is 80,000.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by BALLOSKI: 1:01am On Aug 08
How does Tinubu think sometimes? You exposed us to hardship and in turn take the money back to the governor. Where it was reaching everyone, you halt that system, then took it to those who won't let it get to everyone. Strange!

I don't know why he likes to worship the world bank and IMF. His preoccupation is to worship the white man even if it'd cost him the entire Nigeria.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by BALLOSKI: 1:05am On Aug 08
Mandate1:
if anyone is the clown, it's you. Before you criticise the gov, take a deep breathe and assimilate what he said. If For example Benue state gets FAAC allocation of #2bn last Yr and the exchange rate is #400-$1 2bn/400=5m dollars. Today the same Benue receives #6bn, and the exchange rate is #1500-$1. If we go by the same arithmetic, #6bn/1500=4m dollars.

Benue state got more revenue in naira form under Buhari, but the real value has decreased. This is why someone who earns 50,000 under Buhari is way better than someone who earns 100,000 under Tinubu. A bag of rice under Buhari is 30,000, same bag of rice under Tinubu is 80,000.

@Favor914, this educative and illustrative.

It makes no sense to take it from subsidy and give it to the states. You know it won't cascade down. He doesn't have to devalue our currency.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by favor914: 1:22am On Aug 08
BALLOSKI:


@Favor914, this educative and illustrative.

It makes no sense to take it from subsidy and give it to the states. You know it won't cascade down. He doesn't have to devalue our currency.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by favor914: 1:24am On Aug 08
Mandate1:
if anyone is the clown, it's you. Before you criticise the gov, take a deep breathe and assimilate what he said. If For example Benue state gets FAAC allocation of #2bn last Yr and the exchange rate is #400-$1 2bn/400=5m dollars. Today the same Benue receives #6bn, and the exchange rate is #1500-$1. If we go by the same arithmetic, #6bn/1500=4m dollars.

Benue state got more revenue in naira form under Buhari, but the real value has decreased. This is why someone who earns 50,000 under Buhari is way better than someone who earns 100,000 under Tinubu. A bag of rice under Buhari is 30,000, same bag of rice under Tinubu is 80,000.
Please buzz off incoherent lazy minded Thing, you all will suffer continuously in that open Zoo because of your ignorance.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by favor914: 1:25am On Aug 08
ogascomax:


You are the chief illiterate because what the 2 billionaire will do than the 6 billionaire won't do it now.
Before APC came to power, 3,600 will buy you more than 11 rubber of gari. Now it will give you just one. That means 250 naira than has more value to 3,600 now.
So be educated.
Lazy Thing.
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by sadissbala(m): 1:34am On Aug 08
sIfioksq:
Tinubu is working hard to ensure that resources are managed effectively. It's not easy, but with his leadership, we trust that better days are ahead for Nigeria. Let's keep supporting our President as he navigates these challenges.
you idiot, let's wait for the president till suffernee all kill us abi
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by callmenazarene: 10:34am On Aug 08
....and no one cares to commensurate that assertions with better living wage. These governors are truly our problems. Not the presidency!
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Mandate1: 10:44am On Aug 08
favor914:
Please buzz off incoherent lazy minded Thing, you all will suffer continuously in that open Zoo because of your ignorance.
hahahaha
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by Mandate1: 10:44am On Aug 08
BALLOSKI:


@Favor914, this educative and illustrative.

It makes no sense to take it from subsidy and give it to the states. You know it won't cascade down. He doesn't have to devalue our currency.
the guy said I should buzz off. Lol
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by BALLOSKI: 1:13am On Aug 09
Mandate1:
the guy said I should buzz off. Lol
😂
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by CodeTemplar: 7:25am On Aug 09
ambale:


Do you understand what the man is saying or you just a bot like the rest
Whose job is it to improve buying power of the currency? State or FG or LG?
Re: Increased Allocation: Muftwang Tells Tinubu Purchasing Value Of FAAC Has Reduced by CodeTemplar: 7:28am On Aug 09
SouthernPlateau:


MooMoo...

Look my Signature been feeding Nigeria since 13th Century
Fools think they kno it all.

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