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Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun - Politics - Nairaland

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Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by adenigga(m): 8:56pm On Sep 29
The Governor of Ogun State, Dapo Abiodun has said that the subsidy on fuel, if not removed by President Bola Tinubu, would have cost the country N5.4 trillion by the end of 2024.

Abiodun said that it would have been devastating for Nigeria to pay such a huge amount in comparison to the Federal Government’s budget of N6.7 trillion for the same fiscal year.

The governor who spoke during a Special Church Service to mark the 64th National Day celebration at the Cathedral Church of St. Peter, Ake, Abeokuta, said the money is now available for the development of infrastructure across the country.

He said:” Mr. President removed the subsidy, which, if not curbed, would have cost us N5.4 trillion by the end of 2024.

“We have been busy subsidizing our neighbours; these are funds that can be invested in improving our infrastructure and other social services.

“Our budget this year for infrastructure was N6.7 trillion, meanwhile, the subsidy would have consumed N5.4 trillion, if not curbed or checked.”

Earlier in his message titled ‘Leading Our Nation Forward in a Time Like This: Lessons from Elisha’s Leadership’, the Diocesan Bishop of Ijebu North Anglican Diocese, Rt. Rev’d Dr. Akinwande Odubena, who also read from the book of 2 Kings, Chapter 7, Verse 1, noted that leadership plays a crucial role in the future of any country.

The cleric maintained that the country is currently dealing with hyper-inflation, problems of oil theft, increase in unemployment that has given birth to internet fraud, insecurity, infrastructural challenges, kidnapping and banditry. He urged citizens to be hopeful for a better Ogun State and Nigeria as a whole.

The bishop, while noting that it was important for the people and the leaders of Nigeria to trust in the plan of God, said that unity and prosperity must be prioritized.

Source: https://dailypost.ng/Removal-of-fuel-subsidy-saved-N5.4trn-for-Nigeria-Gov-Abiodun

4 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by itunde(m): 9:03pm On Sep 29
And was made available for the non-productive leaders to loot...

53 Likes 4 Shares

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by buharibanjo(m): 9:03pm On Sep 29
People in power saying sh*t everytime
Ok
It has saved money and killed people
So??

31 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Hezzyluv: 9:05pm On Sep 29
Can the money be put to good use? Your guess is as gud as mine.

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Godfullsam(m): 9:09pm On Sep 29
Where is the saved money?

Nonsense.

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by DEROX: 9:11pm On Sep 29
Everyday i see more stupid men from the suffersticated region

73 Likes 2 Shares

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Manager001: 9:13pm On Sep 29
This one is also mentally unstable 😲

46 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by HarunaWest(m): 9:30pm On Sep 29
Do these guys understand how expensive food and transportation has become. You are informing malnourished and poor people that you saved. What the hect?

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by MEEVEET: 9:32pm On Sep 29
Untop alter you still dey lie?

Tinubu removed which subsidy?

10 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by iluvdonjazzy: 9:34pm On Sep 29
So where is the money, you guys shared it abi.

18 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by MadPolitician: 9:39pm On Sep 29
They're only interested in the amount of money that comes into the coffers of the government, so they can generate enough cash to fly their girlfriends around the world.

So who calculates the amount of people that have died because they cant pay for their hospital bills, or buy medicines or feed very well, as prices of commodities soar?

15 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Ofunaofu: 9:40pm On Sep 29
Where is the ₦‎5.4 trillion saved from subsidy removal? 

Where is it warehoused?


If truly ₦5.4 trillion is saved from subsidy removal, why is the Tinubu government engaging in mindless borrowings? Borrowing much more than what the Buhari government borrowed in it's entire eight-year tenure while still paying subsidy and maintaining the price of petrol below ₦‎200 per liter

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by mrjoeblinks: 9:42pm On Sep 29
Ehen?
.
Nigerians no even know wetin the benefit be for

2 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by mmadu4: 9:42pm On Sep 29
these politicians always talking from their azz . it saved trillions for Nigeria yet monies are still being borrowed from world bank , IMF , CHINA , ETC , listen if you are a Nigerian reading this.. time has come for us to put tribes aside and unite as ONE to enable us move forward , politicians are Toying with your Children's future,. if we allow these thieves and evil people to continue to rule us , we might all die gradually before our time.

LETS unite and stop tribalism .

10 Likes 2 Shares

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by hisexcellency34: 9:43pm On Sep 29
Which ended up in your pockets

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by ogododo: 9:43pm On Sep 29
Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by CoronaVirusPro: 9:43pm On Sep 29
Dapo again 🤣🤣🤣🤣

It’s sad that even the worst governor on Earth still has a say in a country like Nigeria.

Someone who should be seeking forgiveness from the people of Ogun state, is talking about Federal subsidy.

Ogun state people really missed it. Out of all non living things, Dapo they voted for.


Siri or Alexa would have performed better than Dapo.

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Mindlog: 9:44pm On Sep 29
And where was that money, redirected to?

1 Like

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by iwaeda: 9:44pm On Sep 29
adenigga:



Source: https://dailypost.ng/Removal-of-fuel-subsidy-saved-N5.4trn-for-Nigeria-Gov-Abiodun
Eleyi again, where is the N5.4 saved and the impact. cry cry grin angry angry

4 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Dogalmighty17: 9:45pm On Sep 29
And out of that money, Yahaya Bello stole 110 billion. We built a new VP house for 14.9 billion. We bought a new private for Mr president to take a shit in the air. The remaining , we carry am buy rice sotey any small thing wey happen, Tinubu go declare say "Rice fall on you." Them no dey call am Rice Kimono for nothing.

Coastal highway go chop 15.3 trillion abi? So technically, we still broke na.

6 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Artscollection: 9:46pm On Sep 29
Okpo
Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Godjone(m): 9:46pm On Sep 29
shocked

The money saved what is it used for ? Ashiwaju is using it yo sniff cocain and contraband narcotics.

Criminal government

4 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by princeFAD: 9:49pm On Sep 29
adenigga:



Source: https://dailypost.ng/Removal-of-fuel-subsidy-saved-N5.4trn-for-Nigeria-Gov-Abiodun

Masses are suffering more with the removal of subsidy.

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by OgaTheTop2: 9:49pm On Sep 29
We have a loooonnnng way to go in Nigeria. Even this governor is so delusional...

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Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by jaxxy(m): 9:49pm On Sep 29
And where did the money go? And we are still borrowing shamelessly?

Where is the accountability?

4 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by samuel1981(m): 9:51pm On Sep 29
Is subsidy real gone?

Do you guys think you are talking to fools or what?

Where is the saved money and what is it been used for?

Is not you guys fault, is because of those paid online bandit who will come online to defend and support evil.

Yeye dey smell.

2 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Realtruth2023: 9:52pm On Sep 29
Which Money was saved? The same FG with increased pump price was paying more in subsidy than the other years, and the gave it a new name shortfall.

1 Like

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by Oakenshield: 9:52pm On Sep 29
So who was paying for the shortfall in landing costs useless swines as leaders

1 Like

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by OgaTheTop2: 9:52pm On Sep 29
jaxxy:
And where did the money go? And we are still borrowing shamelessly?

Where is the accountability.
They're all thieves. No wonder they rigged PO out of the system because PO is the only sane man that can dismantle corruption and corrupt thieves in government. We missed a good and sound president in PO sad

8 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by hedonido: 9:54pm On Sep 29
Idiot. Until these animals are lynched, they will not have sense.

Subsidy removal saved N100 gazillion trillion for Nigeria, so how does that make the common man's life better? So you free up more money for you and your fellow thieves and ex convicts to steal, at the detriment of the standard/cost of living of the already overburdened masses, and yet you expect them to jubilate about such nonsense?

4 Likes

Re: Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun by HAPPINESSWEALTH(f): 9:54pm On Sep 29
ok

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