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Nairaland Forum / Nairaland / General / Politics / IMF Insists On Fuel Subsidy Removal (17070 Views)
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Re: IMF Insists On Fuel Subsidy Removal by InvertedHammer: 12:40am On Feb 08, 2022 |
/ Resilience of Nigerian banks? Hmmm. They are just milking their depositors through spurious charges. / |
Re: IMF Insists On Fuel Subsidy Removal by jaxxy(m): 12:43am On Feb 08, 2022 |
ThinkSmarter: This would have made perfect sense if we were a country with accountability and transparency bt we are not. This would have also made sense if we are or have prudent, non corrupt and well and over average performing government with sound knowledge of the economy bt we are not. We were fantastically corrupt and still fantastically corrupt. Removal of subsidy will aid more corrupt, mismanagement and incompetence which will lead to more suffering. Billions they claim have been used to remove people from poverty bt it’s ineffective cos the economy is terrible. Inflation is highest and will only go for worst if subsidy is dare removed. If the government had done their work and fixed the economy then it would have been easy or explainable to remove subsidy not with what we have now. Subsidy removal will destroy lives of many Nigerians because the suffering will be like that of former Somalia. 3 Likes |
Re: IMF Insists On Fuel Subsidy Removal by Nobody: 12:49am On Feb 08, 2022 |
"Insists" Just imagine! |
Re: IMF Insists On Fuel Subsidy Removal by BigBashiru: 12:51am On Feb 08, 2022 |
GenBuhari: I wonder oh... if IMF which is an anglo-colonial institution insists, that means the move must be bad for nigeria because they dont mean well. |
Re: IMF Insists On Fuel Subsidy Removal by Chiemena4omo2: 12:54am On Feb 08, 2022 |
If we are sincere, removal of subsidy or not,the economy will grow. |
Re: IMF Insists On Fuel Subsidy Removal by musicwriter(m): 12:58am On Feb 08, 2022 |
I don't know what's subsidy. Fuel subsidy is a scam........ Buhari Stop scamming Nigerians!! |
Re: IMF Insists On Fuel Subsidy Removal by Brushstrokes20: 12:59am On Feb 08, 2022 |
Ogun kill imf and cohorts! pathetic bunch of self serving, useless baaaastarrrds! |
Re: IMF Insists On Fuel Subsidy Removal by Smartresponse(m): 1:02am On Feb 08, 2022 |
ThinkSmarter: I'm telling you. Though it's definitely going to be a hard one fuel prices will jump by at least 200% and lead to a spiral. Nigerians cry for change but never want to be part of it |
Re: IMF Insists On Fuel Subsidy Removal by King44(m): 1:04am On Feb 08, 2022 |
I think IMF has something to gain from this shiiiit. Anybody wey remove am an thunder go fire the person. |
Re: IMF Insists On Fuel Subsidy Removal by nedekid: 1:09am On Feb 08, 2022 |
Lolz, Nigeria has reached the stage imf "insists" and makes demands on our economy!. I thought I saw that in my earlier years and that was in the past. Now imf is back again in buhari's time. Seriously, when did you hear of imf and Nigeria last? Folks on this forum, all the bmc collecting 30k. They know themselves. Well, we are all in this together. The righteous will survive. 2 Likes |
Re: IMF Insists On Fuel Subsidy Removal by htdot: 1:12am On Feb 08, 2022 |
them dey madt... IMF of ogbomoso. |
Re: IMF Insists On Fuel Subsidy Removal by Ochys87: 1:14am On Feb 08, 2022 |
Maxxim:Imagine say na Chinese financial institution come out to say dis trash, Nigerians for done dey condemn China but since its American IMF (an organization that doesn't care about d welfare of d ordinary Nigerians) Nigerians can't condemn them...I say we join hands together and condemn any foreign financial institutions that seeks to watch us suffer 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by atarapa259: 1:14am On Feb 08, 2022 |
my gf is a Ghanaian and I am very happy we met on the Up Ghana. com. forum Buffalo290: If you know any Ghanaian, show them this forum
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Re: IMF Insists On Fuel Subsidy Removal by atarapa259: 1:14am On Feb 08, 2022 |
I finally found a place where I can meet and date beautiful Ghana girls flyca83: I hardly help people broadcast but I think the forum is great
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Re: IMF Insists On Fuel Subsidy Removal by Newboss(m): 1:16am On Feb 08, 2022 |
Chinese people give you money because they want to make money. US give you money because they want to control your affairs. Western slavery reloaded 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by Ochys87: 1:20am On Feb 08, 2022 |
austinvsb: I swear, IMF and World Bank are financial tools used by imperialist United States to spread poverty around the world, these financial institutions aren't even concerned about the homelessness crisis in d United States. They should b concerned with solving problems in their country 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by Ochys87: 1:20am On Feb 08, 2022 |
austinvsb: I swear, IMF and World Bank are financial tools used by imperialist United States to spread poverty around the world, these financial institutions aren't even concerned about the homelessness crisis in d United States. They should b concerned with solving problems in their country and leave other countries to sort themselves 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by busomma: 1:22am On Feb 08, 2022 |
Without fuel subsidy removal Nigeria will never known any meaningful infrastructural development neither will the economy grow. Meanwhile, a few greedy Nigerians are smiling to the bank everyday. |
Re: IMF Insists On Fuel Subsidy Removal by sparkyJ: 1:28am On Feb 08, 2022 |
LibertyRep: Them don cheat una be that oo. For my side here na 1600 we dey buy 50kg. |
Re: IMF Insists On Fuel Subsidy Removal by mema900: 1:44am On Feb 08, 2022 |
ThinkSmarter: The problem is not removing the subsidy…the issue is that with the kind of politicians we have, when the subsidy is removed, the mass will start suffering and the politicians will loot the subsidy…nothing will improve. So, theoretically, removing it is fine. But practically it means more suffering for we masses because the miney wont be used for anything 2 Likes |
Re: IMF Insists On Fuel Subsidy Removal by Nobody: 1:45am On Feb 08, 2022 |
Of course it would be detrimental. The thing is to insist mean they feel they have the right to over-ride our own free will. We are here believing we run our country and be celebrating Independence day every year. BigBashiru: |
Re: IMF Insists On Fuel Subsidy Removal by bayogbite(m): 1:53am On Feb 08, 2022 |
Is IMF would tell us what to do,so we don't know what is right for us or what? All solutions they have provided, have they ever solved our problems? of course no! |
Re: IMF Insists On Fuel Subsidy Removal by Trendingbiz042: 2:00am On Feb 08, 2022 |
ThinkSmarter: You’re very dumb! Smart thinker my foot. You think fuel subsidy is the cause of Nigeria underdevelopment, no poor management with the little available is the greatest problem. Our greatest problem is CORRUPTION. Why do you think oil is the only sources of revenue? Why not FG mechanize the agriculture, revive cottage industries, provide SMEs with funds and improve the local expenditure of resources through quality monitoring. Ir you think its due to subsidy they couldn’t do that mr dumb? Now let’s talk about the economic implications of removing fuel subsidies. You think it only have to do with sufferings of Nigerians abi mr dumb? No it has to do with the economy of Nigeria as well. Already there is high cost of living in the country and many falling below average living. The naira rate is on free fall and any attempt to pressure the economy will lead to abject poverty, high inflation and economic crisis. Or wait, you really think govnt care about anyone here? And if removing the subsidy is feasible they wouldn’t have done it. They are concerned of the economic crisis it will create & not the sufferings of Nigerians. It will be an end to any govnt in power. 3 Likes |
Re: IMF Insists On Fuel Subsidy Removal by NessFortunate: 2:09am On Feb 08, 2022 |
ThinkSmarter:officially you love NIGERIA PASS SOME OF US. |
Re: IMF Insists On Fuel Subsidy Removal by oluwaahmed: 2:11am On Feb 08, 2022 |
Remove fuel subsidy, increase VAT, float the naira... na wa oo, Nigeria is the Hell we always hear about. What is stopping the completion of the dangote refinery and several other modular refineries already granted licences? You cannot remove fuel subsidy when there's no refinery to refine your crude. People would really suffer. However all these things would be done after 2023 election. 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by ALLNIGERIANSMAD(m): 2:17am On Feb 08, 2022 |
ThinkSmarter:tell me every reason I will not conclude you are an Educated bandits, these are the points they use in decieiving people all along, removing subsidy without fixing internal refinenaries is still a scam, that's how you people tell us to give buhari More Time to parform claiming it's too early to criticize him in first two years of his government, now it's 7years of total failure. Motivational speaker we Don ear you 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by CXLVII: 2:17am On Feb 08, 2022 |
In as much as it’s good gesture, tougher times are ahead after removal The current hardship will multiply, but it will all be for few years. |
Re: IMF Insists On Fuel Subsidy Removal by bluefilm: 2:19am On Feb 08, 2022 |
IMF is evil. IMF will always be evil. |
Re: IMF Insists On Fuel Subsidy Removal by ALLNIGERIANSMAD(m): 2:22am On Feb 08, 2022 |
Ayoefa:because your con head hate to ear truth |
Re: IMF Insists On Fuel Subsidy Removal by Germi9: 2:28am On Feb 08, 2022 |
LibertyRep:I dey buy from dangote direct for #1850 |
Re: IMF Insists On Fuel Subsidy Removal by OldNairalander(m): 2:50am On Feb 08, 2022 |
Germi9: Go check again, they now sell at #1799 |
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