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Nairaland Forum / Nairaland / General / Politics / FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial (17611 Views)
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FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by U09ce: 6:50am On Feb 20 |
The International Monetary Fund’s (IMF’s) Post-Financing Assessment Report on Nigeria in February 2024, prescribing the removal of the subsidy on electricity, increase in monetary (interest) rate, and the mopping up of [excess] cash in circulation, came as a shock to Nigerians, who are still reeling in the pains inflicted by the removal of subsidy on fuel and the collapse of exchange rates. https://dailytrust.com/fg-resist-imfs-deadly-pills/ 24 Likes 4 Shares
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Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by malali: 6:53am On Feb 20 |
If the government removes anymore subsidy at this current point. They will be kicked out before next elections. Nigerians trust politicians too much, thats why we are in this mess. There is no guarantee the removed subsidy will not be looted or end up in the pockets of corrupt politicians. Truth be told, the government needs to account for the removed subsidy every quarter, we need to see how the money is being spent. 58 Likes 6 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by BeardedMeat(m): 7:25am On Feb 20 |
Hahaha 😃 Tinubu will not remove any more subsidies I can bet you. Is he mad? Let him try it and the northern dominated military will boot his aged dry ass out in a most bloody coup ever known to man. 43 Likes 3 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by princepeter566: 7:45am On Feb 20 |
How I wished it happened. One thing I like about tinubu is that he doesn't know his own. He deal with everyone equally with his followers most hit. A loaf of bread in lagos right now is 60 stroke per bread 50 Likes 2 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Jax1: 7:55am On Feb 20 |
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Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by nairalanda1(m): 8:00am On Feb 20 |
malali: Yeah, and replaced by another government that will pay subsides to the max on borrowed money, and then we would be in real trobule and tribulation pretty soon. 90% of income on debt servicing , 4bn forex. Partly due to decades of subsides. 25 Likes 1 Share |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by malali: 8:02am On Feb 20 |
nairalanda1: Dont get me wrong. I am 100% in support of removing subsidies. But you dont replace the roof of your house in the rainy season. 53 Likes 4 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by nairalanda1(m): 8:06am On Feb 20 |
malali: Yeah, and where is the money to keep funding subsides, even the one we pay self cannot cover any roof of any house, using your analogy (Electricity subsidies cannot fund or cover anything much) We have reached point zero. And I hold this APC government and the past APC government responsible, because they came in with ideas about diversification and raising non oil revenue...and they did not do that. 20 Likes 3 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by keymatt(m): 8:34am On Feb 20 |
Running Nigeria is not the same thing as running a drug mafia. White powder govt of Tinubu is in for a serious showdown with IMF ![]() ![]() ![]() 14 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Nice2023(m): 8:54am On Feb 20 |
BeardedMeat: ![]() 10 Likes 1 Share |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by datola: 9:37am On Feb 20 |
Hmmm... Nigeria is in a serious mess 2 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by DatNiggaDaz: 9:37am On Feb 20 |
Wetin dem resist . If you resisted their pills, Nigeria would have never been like this presently. Floating the Naira, na resist ![]() Everyone knows that IMF hold Tinubu for blokos with two hands. He can never resist their conditions, if not, dem go organise military coup for his head after dem use their International Media propaganda machine finish am. Dem know your real name, dem know the irreparable damage for forgery of certificate, dem know your Bobo Chicago escapades, dem know your corruption and killer squad. This is the reason an International lawyer of Africa descent warned against Tinubu becoming Nigeria's president because him negative package full. After they gave you Cover, stealing mandate, you dey dish propaganda lies and deceit that you reject their pills We know that any statement that comes from APC evil coven must be taken like a pinch of salt because the thing wey dem dey deny na the real truth. Nigerians go see how Tinubu go soon finish Nigeria because of emilokan greed. Bookmark this page ![]() ![]() 8 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by bluefilm: 9:38am On Feb 20 |
IMF is an illuminati front for the Satanic elites and Globalists. They are only interested in increasing people's suffering and pains Anything that will subject the people to abject poverty and make those people eternally subservient is their goal. Because that will make it easier to control the people. Unfortunately for so many of you guys, once the Globalists are blackmailing some key people in your government, you're done for because those people being blackmailed will continue doing whatever these Satanic elites want If you know, you know 13 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by MorolayoVictor(m): 9:39am On Feb 20 |
Ológógóró gbogbo. |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Minsk24: 9:39am On Feb 20 |
nairalanda1:Well said, immediately i saw this comment, i know say na you...very intelligent and logical comment... 6 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Offpoint1: 9:39am On Feb 20 |
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Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by justmondris: 9:39am On Feb 20 |
IMF did not see looting as the major problem of this country because most of the funds were deposited in Western banks. IMF should list all the foreign accounts of our politicians and their current balance if they truly care about Nigeria. 23 Likes 2 Shares |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by axglide(m): 9:40am On Feb 20 |
Nigeria better join the BRICS committee of nations. See what IMF policies is doing to Ghana 7 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by nairalanda1(m): 9:40am On Feb 20 |
The painful thing is that coup would change nothing. Joining brics will change nothing. We still would be left with massive debt servicing and a very very low forex reserve. 10 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by happney65: 9:41am On Feb 20 |
In 2012,I didn't support the removal of fuel subsidy as I knew it would be a problem for Nigerians My question was,why should we the citizens be the one to pay for the ineptitude of government? Why? Now it has even gone worst and the Nigerian people are worst for it. Now it is about Power. So you want me to still pay for high bills with darkness and no prepaid metre. When they are ready for true turnaround of the power sector they know exactly what to do 7 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Stephench: 9:42am On Feb 20 |
nairalanda1: This present government is still to be blamed. The best time to remove subsidy was in 2014 when the cost of living wasn't so high and exchange rate was below 200 naira but he used his looted funds to sponsor the mother if all protests out of selfish interest then went ahead to spearhead the most inept and clueless government who priorize terrorising his people over governance 23 Likes 1 Share |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Tradepunter2: 9:42am On Feb 20 |
bluefilm: Ode.... So na them caused your useless politicians to loot the nation Treasury ![]() 1 Like |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Paracetamol01: 9:42am On Feb 20 |
Lemme read it first |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by yesloaded: 9:43am On Feb 20 |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Didijiji: 9:44am On Feb 20 |
malali:The guy na dunce Agbadorian olodo 5 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Major7: 9:44am On Feb 20 |
Apc is doomed,Nigeria is falling into ruins and decay and we silently watch with our arms fold. I warned most people about all these things but they were tribalistic. God help us all 3 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by nairalanda1(m): 9:44am On Feb 20 |
Stephench: Best time was 2012, that is to remove subsidy Like I said , I hold this government and the buhari government responsible for zero policies on diversification We are here because buhari and tinubu thought it would be wise to borrow our way out of recession 10 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by bluefilm: 9:44am On Feb 20 |
Tradepunter2: Is that what you call your father? Wehdone 1 Like |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Tradepunter2: 9:45am On Feb 20 |
axglide: Hahahahah another senseless one...... As if brickssss will stop your chronic looters from stealing the nations Treasury...... Some of you reason with no sense...... If you JOIN SPACE ALLIANCE.... AS YOU SUPPORT YOUR BROTHER WHEN HES LOOTING, YOU WILL REMAIN USELESS 5 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by MadamExcellency: 9:45am On Feb 20 |
IMF is after raising money for the Creditors. All their advice is geared towards making sure Nigeria has enough foreign capital to liquidate the loans when due. 3 Likes |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by Brushstrokes20: 9:46am On Feb 20 |
He who the gods wants to destroy, they first render MAD!💯💯 eBOLA has been rendered mad!👌👌 The shyyythole 🇳🇬is precariously sitting on a keg of gunpowder! 💯💯 1 Like |
Re: FG, Resist IMF’s Deadly Pills! - Daily Trust Editorial by GloriousGbola: 9:46am On Feb 20 |
U09ce: aboki gonna aboki - this is how buhari refused to face reality and printed money rather than reduced spending. |
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