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Nairaland Forum / Nairaland / General / Politics / FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians (28299 Views)
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FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by nlfpmod: 6:01pm On Apr 05, 2023 |
The Federal Government has secured the sum of $800 million from the World Bank under the National Social Investment Programme as part of palliatives to cushion the negative effects of the plan to remove subsidy on the petroleum products by June 2023. https://dailytrust.com/subsidy-removal-fg-secures-800m-from-world-bank-as-palliatives-for-poor-nigerians/ 2 Likes 2 Shares
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Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by madridguy(m): 6:02pm On Apr 05, 2023 |
6 Likes 3 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by ubest1(m): 6:04pm On Apr 05, 2023 |
Na now the poor gullible political supporters will feel their gullibility 199 Likes 12 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Efuaye(m): 6:05pm On Apr 05, 2023 |
Monies that will be siphoned through inflated contracts and sub-contracts! Find out what happened to Covid-19 palliatives. 212 Likes 7 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by N3TRAL: 6:07pm On Apr 05, 2023 |
The effects of fuel subsidy removal will definitely be worse than the effects of Covid-19 and the cashless economy experiment. We appreciate the good thoughts of the Federal Government of Nigeria for making plans for the poor people who will be most vulnerable to the crucial policy change. Kudos to the Proactive Federal Government! It's a pleasure they didn't plan to be reactive after lessons of previous economic crises. 28 Likes 3 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Tinubuwins2023e: 6:09pm On Apr 05, 2023 |
O ti ló 34 Likes 2 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by flemsy15(m): 6:09pm On Apr 05, 2023 |
If we have credibility, sincerity and integrity, this would have been a good news. But the last time (during COVID-19) we heard about palliative, it didn't go well 107 Likes 5 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by donbachi(m): 6:09pm On Apr 05, 2023 |
Chopped on arrival 89 Likes 3 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by VenExchangee: 6:09pm On Apr 05, 2023 |
Hmm Other countries don't have resources that Nigerians have but yet she's among the highest word debtor. We are almost last in everything and highest in almost all bad things, citizens are even developing the country more than the government body, we can't all we learn from other developed countries around the world? All this borrowed money can't be account for. Borrow and loot 80% of the borrowed money. can't all this lenders advice the borrower? Old men that's supposed to be resting with there family keep fighting for high positions on government sit and yet they can't do anything to make the government move forward. Will this country ever stop from fry pan to fire movement? Na wa 36 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Lalami3232(m): 6:10pm On Apr 05, 2023 |
World bank sef no dey normal. Why give our government that kind of amount when you know say dem go embezzle the money for their private pocket? Sometimes eeh, I dey feel say all these oyibo get hidden agenda. Anyways, what do I know sef Na dem na know wetin dem dey do sha. I remembered during COVID-19 period, na so organizations, churches etc dey donate millions to the government, wereas dem know say the government go squander everything. Sometimes I dey feel say most of these people get ulterior motives. I don talk am before and I go talk am again, "Oga if no be you disvirgin your wife, go for DNA test oooooo because boreholes aka non-virgins can't be trusted" 52 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Billionaire2: 6:10pm On Apr 05, 2023 |
Did I hear ‘for poor Nigerians’ ? 😂 Just like Covid-19 palliatives were for poor Nigerians 😂 75 Likes 6 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Risingblue008(m): 6:10pm On Apr 05, 2023 |
First was 869billion for census $800million for palative for wetin we never benefit for once This regime go be buhari pro max I remember in 1923 when our town hall was different from bala blue 36 Likes 4 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by alizma: 6:10pm On Apr 05, 2023 |
World bank don dey carry us go where we no know 15 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Megabig: 6:10pm On Apr 05, 2023 |
Chai, they will distribute 100 million, take pictures and say they’ve shared the money. How can we all stop this rot? 31 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Ireportlive: 6:10pm On Apr 05, 2023 |
Last gift to themselves 15 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by WhisperedNoise: 6:10pm On Apr 05, 2023 |
Yes. Let's borrow again. Spend the money on white elephant projects. Triple our national debt. Eat the commonwealth till the country is left on its knees. Let's eat as much as possible before we leave office. So called "Mr Integrity". Very sad. Buhari, Zainab...all of them are failures in their offices. Only borrow, borrow, borrow. No sense to do anything else. Very sad.😥😥😥 COVID relief funds come to mind. The poor was left destitute, hungry and begging for food while some government officials sat on the palliative materials, some even using it as birthday souvenirs. Has anybody been charged for theft? No. Nigeria is just a funny country. - Accountant General stole 80B. No news till now. - Elections conducted for 300B. Waste of money. - Firetrucks were bought for 12B. Liars and thieves. - Over 400B is proposed for census. Are we counting spirits? Very sad state. Buhari and his cronies have succeeded in setting this country 50 years backward. 18 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by ReacherSaidNoth: 6:10pm On Apr 05, 2023 |
I hate this shithole. 26 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by xcolanto(m): 6:10pm On Apr 05, 2023 |
First dish for bat to devour !! 9 Likes 2 Shares |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by purplekayc(m): 6:10pm On Apr 05, 2023 |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by MasterJayJay: 6:10pm On Apr 05, 2023 |
Money that will be diverted to politicians account. 11 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Senator777: 6:11pm On Apr 05, 2023 |
The day I started fearing this finance minister was the day she said that Nigeria was spending millions of naira per day on feeding school pupils during COVID-19 when all schools were closed and students were with their parents. 38 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by scholarsfunding: 6:11pm On Apr 05, 2023 |
We keep borrowing and now we have turn to beggers 2 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Kiddogarcia(m): 6:11pm On Apr 05, 2023 |
Dey play ooo. Someone said "chopped on arrival." Na we be your best plug for everything Sexual enhancement tho 8 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by adecz: 6:11pm On Apr 05, 2023 |
Repair refineries, not to remove subsidy. Subsidy regime is a sign of a failed government and institutionalized corruption. First thing to do is remove the NNPC GMD who has been a total fiasco❌❌❌ 4 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Nobody: 6:11pm On Apr 05, 2023 |
And money will go straight into their pockets and pay yarimo and Lhordspy 20k monthly But they've been cut off now since election is over 9 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by happney65: 6:11pm On Apr 05, 2023 |
Money wey they don already embezzle. Last minute chippings . 11 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by datola: 6:12pm On Apr 05, 2023 |
See motivation for FG to sharparly remove the subsidy! World Bank should have given us the palliative directly. Though I trust they (World Bank) will monitor the implementation but we cannot trust these people after the COVID 1 9 palliative nasty experience. 2 Likes 1 Share |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Basicend: 6:12pm On Apr 05, 2023 |
They want to cash out# These guys are animals. They want to add a margin of about N500 on a litre of PMS from hungry Nigerians, so that they can misappropriate and divert it to their pockets. Unfortunately and simultaneously, collect 800m loan from WB and disburse only about 15% of that amount to selected few just for few weeks or days. . AND divert the remaining funds into their wallets again. Well, I don't pity Nigerians anymore. If with what my eyes have seen during this election, there is no point pitying Nigerians. . Especially the donkey northeners. 5 Likes |
Re: FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians by Dzeems01: 6:12pm On Apr 05, 2023 |
World bank will just be falling hands,can't they spool our account numbers via BVN and credit us one after the other ,you went to give our money to FG that is handing over soon ..e don go ...o ti lo.... 15 Likes |
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