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Nairaland Forum / Nairaland / General / Politics / Fuel Subsidy Expenditure From 2005 To 2022 (33989 Views)
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Re: Fuel Subsidy Expenditure From 2005 To 2022 by AminuRano87(m): 9:44pm On Jun 06, 2023 |
N3TRAL:Exactly. That's my observation. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by DGOODLYF: 9:44pm On Jun 06, 2023 |
You see propaganda? ...Leave it for Apc... Now you want me to believe GEJ dat only add 80naira to fuel price wen he want to remove subsidy paid more dan Buhari dat has added up 400naira to fuel price.... You guyz will just be in one room and b releasing yeye stats to deceive your gullible followers |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Annibo21: 9:44pm On Jun 06, 2023 |
Our Government have failed us!. Why don't they Borrow money to build a Good Refinery. I think building a New refinery will put a stop to all this. We buy our Natural resources as if we don't own it. May God help us. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by freemanq(m): 9:44pm On Jun 06, 2023 |
With this money Nigeria would have built over 10 refineries over the years, but some people in power refuse because they are making money. Law of kama is very Real |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by justmondris: 9:45pm On Jun 06, 2023 |
N3TRAL: It’s because Buhari is owning NNPC trillions of Naira |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by grandstar(m): 9:46pm On Jun 06, 2023 |
Jonathan should have removed the fuel subsidy. If I were him, I would simply introduce excruciating petrol scarcities so regularly and blame it on incompetence and corruption that the people beg for the subsidy to go if it guarantees constant supply. I remember the worst fuel scarcity ever in Jan 2016 that when government shot up the price of petrol to 167 if I'm correct and NLC called for protests, the masses ignored them Sadly Buhari failed to grab the opportunity with both hands by ending the subsidy then and fully deregulation the price. 2 Likes |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by On25: 9:46pm On Jun 06, 2023 |
Godsake:Rules 19 Anthony the serial scammer alias faith sh new alternative account to modify his fake begging post later mynd44 Dominique mukina2 justwise Rocktation oamj4 seun nlfpmod |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Sirchiboy: 9:47pm On Jun 06, 2023 |
ogify1:. Daddy don't leave me alone |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Larryndelaw: 9:50pm On Jun 06, 2023 |
Jonathan govt Spend the most. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by edoairways: 9:53pm On Jun 06, 2023 |
obembet:Corridon is right because these politicians cannot be trusted 1 Like |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by caleb2k(m): 9:54pm On Jun 06, 2023 |
Before I say anything, can we have the break down of the data. Anybody can cook this figure o and present to Nigerians. I want to see how dey get the answer dey give us. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by grandstar(m): 9:55pm On Jun 06, 2023 |
N3TRAL: Waa it not Buhari's fault when he started dictating the exchange rate of the Naira to the CBN? He said he does not believe in devaluation. What an ignoramus. Just look at the exchange rate mess he left behind. The official rate is 461 while the black market is 750. During Lamido's tenure, it hovered around a 3% differential. Official was 155 and I think the black market was 160. The World Bank advised it should never be more than 5%. Presently, it is about 50% 1 Like |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by kozmokaz(m): 10:01pm On Jun 06, 2023 |
Gamesmart: I really thought you guys had sense .... Check those figures again See as them use figures hide for book and una brain no fit deduce the game 1 Like |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Boyooosa(m): 10:06pm On Jun 06, 2023 |
2010-2014 I guess is relatively the highest |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by ebig21(m): 10:06pm On Jun 06, 2023 |
Gamesmart: Yeye, so you couldn’t understand lies when you see it. I will ask you a simple question. How come Buhari spent 7.79 trillion naira and it’s 23 billion dollars and Goodluck spent 6.68 trillion and it’s 42 billion dollars. Note dollar was 240 during Jonathan regime. Just know that Buhari expenditure was swapped with Goodluck own. 2 Likes |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by frowland(m): 10:13pm On Jun 06, 2023 |
Corridon: There is no money saved from subsidy. The money was borrowed. So removing subsidy means that loan won’t be taken anymore for that purpose. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Sltp: 10:14pm On Jun 06, 2023 |
N3TRAL:Wasn't subsidy partially removed towards the end of Jonathan's regime? It's obvious the subsidy scam was going to an astronomical level during Jonathan that's why he attempted to remove it but we know the people that fought against it. If Jonathan was specifically involved in the scam, he wouldn't try to remove it That's if this figure is real. What's the source? |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Laple0541(m): 10:15pm On Jun 06, 2023 |
Corridon: Because you are programmed to only see negatives. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by bashlek(m): 10:17pm On Jun 06, 2023 |
Jonathan remains the worst president Nigeria has ever produced. Buhari try pass Jonathan. Jonathan wud have remove this useless subsidy, but see looting in his administration. God will judge all of dem sha |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Gamesmart: 10:20pm On Jun 06, 2023 |
kozmokaz: Show us your sense. Show us what they hid if your brain is functional. Oya. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Gamesmart: 10:21pm On Jun 06, 2023 |
ebig21: How are you making an iota of sense? |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Gamesmart: 10:26pm On Jun 06, 2023 |
Murketeer: If you like, never get the sense that iiiiidiot wasted our great chance of accelerating our growth and creating opportunities & a safety net for our future. Instead he created opportunities for looters to maximise their loot to the point they were doing documentary of rich Nigerians in the West. Even his wife stole over $30m. Don't blame him. Think it does not matter, it is in the past and "he is a great hero for conceding". Una deserve una sufferings. 1 Like |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by peacealways: 10:32pm On Jun 06, 2023 |
. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Menclothing: 10:32pm On Jun 06, 2023 |
Corridon: Compare Lagos to any state Why is delta still owing workers despite huge 13 percent derivation Lagos template is so far good This subsidy is reason Buhari keeps borrowing we don’t even have the money to pay for it they are deceiving us No one is ready to borrow Nigeria money again This are the truth Was our revenue Was our expenditure Was the money used to service debt |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by DaveHarry(m): 10:35pm On Jun 06, 2023 |
naira was highly devalued between 2015-2022. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by Shedrack777: 10:46pm On Jun 06, 2023 |
N3TRAL:how much was fuel during jonathan's era compare to buhari's era. you just open mouth waaa without calculations |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by slowice(m): 10:48pm On Jun 06, 2023 |
Subsidy isn't the problem here but mammoth corruption and fg don't be the balls to go after them because those involved are the high and mighty of Nigerian politics. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by oka4ugoo: 10:49pm On Jun 06, 2023 |
N3TRAL: We forget so easily in this country. Obviously it seems you've forgotten that Buhari removed the fuel subside and the price of fuel jumbed from #97 to #145 per liter and later to #189 and yet he was still paying for subside. So when you look at it critically APC na fraudsters full that party and Buhari na their kingpin |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by oka4ugoo: 10:54pm On Jun 06, 2023 |
obembet: Don't forget that Buhari claimed to have removed subsidy and the price of fuel then jumped from #97 to #145 and further to #189. So don't be deceived. |
Re: Fuel Subsidy Expenditure From 2005 To 2022 by ShaqFu: 10:54pm On Jun 06, 2023 |
Of course, it's not our business to know the owners of these companies that have been benefitting from this fuel subsidy. Government know who this people are, but they refuse to curb their excess, this is why they've grown wings and now think they can hold the country to Ransome. |
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