NewStats: 3,259,387 , 8,169,970 topics. Date: Saturday, 24 May 2025 at 08:27 PM 513049

Nigeria has spent ₦16.6 trillion ($81.4 billion) on fuel Subsidy from 2005 to 2022.

2005—2006: ₦608bn ($4.65bn)
2007—2009: ₦1.37tn ($11.3bn)
2010—2014: ₦6.68tn ($42.2bn)
2015—2022¹: ₦7.95tn ($23.3bn)

Source: https://twitter.com/StatiSense/status/1666133252535463956?t=mSmfy3RHm1dZYO80Zs_KIg&s=19

The question is: Will Bola use the money saved from subsidy to improve the life of average Nigerian and make our country a better place for everyone or will he loot it dry through alpha beta and Iyaloja general?

Oh My Darn

Corridon:
The question is: Will Bola use the money saved from subsidy to improve the life of average Nigerian and make our country a better place for everyone or will he loot the it?

Don't let us conclude untill then... Let hope for something good

Nlfpmod

obembet:



Don't let us conclude untill then... Let hope for something good

Nlfpmod

His antecedent reads negative.

Corridon:
The question is: Will Bola use the money saved from subsidy to improve the life of average Nigerian and make our country a better place for everyone or will he loot it dry through alpha beta and Iyaloja general?

He may not be the person to loot it. But all those criminals and armed robbers around him will do justice to the money. It would have been best to entrust it with young vibrant manager. PO precisely.

I'm a bonafide south south boy but let's face it- based on those figures, APC no too chop Nigeria's money.

What Jonathan's istration spent for subsidy for 4 years is almost double what Buhari spent for 7 years.

If you divide Buhari's figure, it is lower than what Yaradua spent in 2 years and what Obasanjo spent in a year.

APC may have its problems but you have to it that their subsidy figure is the lowest in the history of Nigeria.

The data also shows that Buhari's major problem may not have been misappropriation of funds but he couldn't run the economy well. The percentage the naira fell during Buhari's era is scary.

SpecialAdviser:

He may not be the person to loot it. But all those criminals and armed robbers around him will do justice to the money. It would have been best to entrust it with young vibrant manager. PO precisely.

This is exactly my fear. Subsidized fuel is the only thing poor masses benefits from the government. If the money will still end up in private pockets it is better to continue the subsidy payment.

SpecialAdviser:

He may not be the person to loot it. But all those criminals and armed robbers around him will do justice to the money. It would have been best to entrust it with young vibrant manager. PO precisely.

That's the fact there... during Jonathan era, everybody dey loot including Jonathan wife but Jonathan himself dey low key 🗝️

So Tinubu, Buhari or anybody president might not loot like that but thier team.

Na only obj embezzled more than any president since 1999

Corridon:
The question is: Will Bola use the money saved from subsidy to improve the life of average Nigerian and make our country a better place for everyone or will he loot it dry through alpha beta and Iyaloja general?

No subsidy money is saved anywhere!

Rather, we've stopped borrowing to pay subsidy!!

N3TRAL:
I'm a bonafide south south boy but let's face it- based on those figures, APC no too chop Nigeria's money.

What Jonathan's istration spent for subsidy for 4 years is almost double what Buhari spent for 7 years.

If you divide Buhari's figure, it is lower than what Yaradua spent in 2 years and what Obasanjo spent in a year.

APC may have it's problems but you have to it that their subsidy figure is the lowest in the history of Nigeria.

You are very correct just that most people are to tribal and sentiment, I don't like APC policy and methods of governing but when it come to looting, them dey learn from where PDP dey

See fact and figures that us different from statistics. Oh Lord Nigeria is in shamble help us.

Wow


I went to eat at a mama put and some women got talking

The normal Ibadan hood women , traders and vendor

They said in their Neighborhood Yahooboys won't let them rest with Sounds of Generator from morning till night as they don't work, and they also go clubbing disturbing them at night

They said with subsidy removal atleast the money would go to power generation for the whole country and other infrastructure

If these women could understand it's Economic importance , I wonder why some educated folks are against it especially NLC boss


Nigeria has over 11,000 abandoned Projects

*Fix Ajaokuta with $1.2billion USD and Nigeria would become manufacturer of steel based products

*Complete Zhengeru Projects, Mabila dam with $500m and we have more power

*Build two Nuclear powered plant and like 5 coal plant and Generate enough power to sell accross west Africa

*Build monorail in all major city

*Build Inter state roads and rail



.

And someone still expected government to continue paying dis trillion of naira? Abeg comot d subsidy and divert it to humanity development

Asiwaju is not ready to pay #1 on fuel subsidy

With all the expenditure and yet, see where we found ourselves, I strongly s the subsidy removal. Let’s try this pattern and see if things can become bearable, after all we have nothing to lose, the economy is damaged already.

Truly Subsidy would have ended Nigeria.
I hope the new istration revamps our refineries and make adequate use of the saved proceeds which would have been wasted on this fraudulent subsidy.

Omo o lo fa oo

shortgun:
God will punish Tinubu

Now we know u have Disorder
Or Autism keep repeating same thing

Na tinubu run the sheet years ?
Instead make u curse politicians generally n the citizen they have been using to reck us.
N still same u people crying for the Removal, shows many of these Anti-BAT her short sighted in Wisdom n Myopic.

shortgun:
God will punish Tinubu and his band of thieves for fighting against subsidy removal in 2012 during Good luck Jonathan's regime.

But una dey fight him now ontop say e did right thing.. shey wen every thing set in future make we find u, gift u curse.
Instead make u appluad am, agidi ti ba yin je

shortgun:

Why did Tinubu fought the right thing in 2012?
Why did they fight Jonathan, occupying everywhere when they knew it was the right thing?
I still the casket with Jonathan's name inscribed on it.
What was his reason if not bigotry and tribalism.

you want the TRUTH?

Jus like u and I [whole NATION] then, we were naive and had no Idea of damages, we were after the Pain of Today [then yesterday] n forgot TOMORROW [ which is Today], so don't let us Risk a FRESH TOMORROW.

Alvin212:


Ewedu and Amala thug

Keep fooling around

Pele oo nmkpumiri thug i Greet/salute u sir,
A pe ko to ye e 👌💯

E no get how E be, a large percentage of the funds claimed to have been spent on fuel subsidy is cooling off in some selected individuals' . Nigeria be many things

That's much o

SpecialAdviser:

He may not be the person to loot it. But all those criminals and armed robbers around him will do justice to the money. It would have been best to entrust it with young vibrant manager. PO precisely.

I thought you wanted to say the subsidy money be entrusted in a fund for infrastructural projects

Nn

God will punish Tinubu and his band of thieves for fighting against subsidy removal in 2012 during Good luck Jonathan's regime.

Who go dash me 1m to start business

Corridon:
His antecedent reads negative.

Any proof of the negative antecedent or u just want to talk because you have free opera mini data

Akuko mama Ngozi na ndi yard

Ok

Just take a look at these expenditures!

Who do Nigeria this type of thing nah?😓😔

Just look at Jonathan's figures..

Wow..

But I know some guys are coming to wail here..

.