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Nairaland Forum / Nairaland / General / Politics / Subsidy Removal: FG Saves ₦400 Billion In Four Weeks (26243 Views)
Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing / Subsidy Removal: FG Shocked Over High Food, Transportation Costs / How Emefiele Moved Shady ₦400 Billion To Monguno’s Office - Sahara Reporters (2) (3) (4)
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Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by seunmsg(m): 7:45am On Jun 30, 2023 |
This report may not be true in terms of saving of physical cash. Since we’ve been borrowing to pay for subsidy since January, I really don’t think we should call this savings because the money is not there. We’ve simply stopped spending N400b on subsidy. 6 Likes 1 Share |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by sukar886: 8:11am On Jun 30, 2023 |
Rubbish , saving money and things are costly , that's bullshit |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Pwettylinda(f): 8:38am On Jun 30, 2023 |
Really why dem come go borrow again? |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by BarrElChapo(m): 8:39am On Jun 30, 2023 |
Saved like you have it handy 😒 2 Likes |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Donedeal1(m): 8:41am On Jun 30, 2023 |
You must not allow it to be relooted |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by peesleem(m): 8:41am On Jun 30, 2023 |
If naija no confuse you nigga you can't be confused in life. The subsidy that has been paid by buhari till the end of June, now same subsidy saved federal government 400billion No be juju be that |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by tuoyoojo(m): 8:41am On Jun 30, 2023 |
Saves to do what with the money What have they done with the subsidy removal for diesel and kerosene Was that not how Buhari said he saved money but still went to borrowing spree Can u really trust APC What sacrifice had the ruling class made since this subsidy regime ended 1 Like 1 Share |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Crafteck1: 8:42am On Jun 30, 2023 |
kayone2: Too late.. E don prove am teetee 2 Likes
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Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Nyanabo(m): 8:42am On Jun 30, 2023 |
It should be stated in clear terms what the money saved from subsidy removal would be used for. So the thieving politicians don't end up looting this monies. |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by vee22: 8:43am On Jun 30, 2023 |
More money to loot. If tinibu does not perform 3 times better then no need for subsidy removal |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Acidosis(m): 8:43am On Jun 30, 2023 |
The term "save" used in this context can be misleading. How does one "save" money that was never in existence? The accurate statement is: "Nigerians contributed N400bn as subsidy payment for petrol." Subsidy was not removed; instead, the federal government ceased borrowing to subsidise fuel. Nigerians are still responsible for subsidising it. The burden of subsidy payments was simply transferred to the poor masses. 4 Likes |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by DJBIGGY(m): 8:44am On Jun 30, 2023 |
That 400bn is like 700bn.... The remaining 300bn will be sat on |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Manuelson665(m): 8:44am On Jun 30, 2023 |
We are not yet serious in this country |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by illuminutty: 8:44am On Jun 30, 2023 |
How does that affect the life of the man on the street? Looters, drug lords and criminals have no place in governance. |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Nobody: 8:45am On Jun 30, 2023 |
But the people are hungry. Dey play |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by jaxxy(m): 8:45am On Jun 30, 2023 |
I thought they paid June Subsidy? |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by ChybuzzDD(m): 8:45am On Jun 30, 2023 |
TemplarLandry: Where are you gradually getting to? What measures have you and your fellow "hopefuls" put in place to ensure the saved funds are not relooted?? |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by sprints1: 8:45am On Jun 30, 2023 |
Crap and u expect me to believe this. Saves 400 billion naira lol. |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by fabolouz1(m): 8:46am On Jun 30, 2023 |
The last administration kept telling the world how much it had saved with no corresponding indices in the lives of the citizenry . PBAT is toeing that same line . |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by DMerciful(m): 8:46am On Jun 30, 2023 |
Where is the 400 billion? APC nor dey tire for propaganda? 1 Like |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by adecz: 8:47am On Jun 30, 2023 |
Which means Nigerians lost N400bn in 4 weeks❗️❗️❗️😖😖😖 2 Likes |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Henz81: 8:49am On Jun 30, 2023 |
TemplarLandry:Getting there abi? Subjecting Nigerians to untold hardship is progress in your own mind. Mtcheeew |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by 4KNGOATS(m): 8:49am On Jun 30, 2023 |
Omihanifa:By you right?? Bad belle people everywhere |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Bennycollins: 8:49am On Jun 30, 2023 |
The govt will later deny it. Watch |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by longview007: 8:49am On Jun 30, 2023 |
Poor masses is still feeling the hardship.. Lets hope the politicians will not lot the money. |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Confirm4real(m): 8:50am On Jun 30, 2023 |
I trust my Nigerian Polithiefcians to do what they know how to do best 1 Like |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Iamsane: 8:51am On Jun 30, 2023 |
Money that was never there to begin with. 1 Like |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by IMASTEX: 8:51am On Jun 30, 2023 |
Omihanifa:Will or has already been looted in advance. |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by SmartyPants(m): 8:53am On Jun 30, 2023 |
Kukutenla: Are you mixing NLC with oil marketers? |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Icon4s(m): 8:53am On Jun 30, 2023 |
adenigga: They didn't save any N400Billion, rather they didn't borrow N400 Billion because we were borrowing to pay subsidies. 1 Like |
Re: Subsidy Removal: FG Saves ₦400 Billion In Four Weeks by Meti99(m): 8:54am On Jun 30, 2023 |
Nothing special... Na like this dem dey tell us the billions they recovered from LOOTS of Abacha and his gangs of thieves but non of those billion dollars had been accounted for and it adds no values to lives of ordinary nigerians.. Only few opportunists close to power are eating them |
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