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What Value Has Government Added To Nigerians From Subsidy Removal? (357 Views)
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givedemwotowoto: 10:10pm On Feb 01 |
With petrol subsidy, the average car owner in Nigeria saved about N140,000 monthly or N1.6 million naira annually. The math is simple. If you used 50 liters of petrol weekly, that was about N15,000 compared to N50,000 naira now. Subsidy removal means government took away over N1 million naira annually from millions of households. What has the government done for Nigerians to justify taking away millions of naira annually from their households? 1 Like |
givedemwotowoto: 10:10pm On Feb 01 |
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helinues: 10:10pm On Feb 01 |
Only productive people can answer that
1 Like |
givedemwotowoto: 10:14pm On Feb 01 |
helinues: As a “productive person”, Oya answer now. What value have they given you back after collecting over N1 million from you? 1 Like |
givedemwotowoto: 10:15pm On Feb 01 |
nlfpmod
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helinues: 10:15pm On Feb 01 |
givedemwotowoto: For you to be asking, mean you are probably not productive. It's a waste of time explaining anything to you 2 Likes |
iamnotillicit(m): 10:19pm On Feb 01 |
Do not ask what your country can do for you but what u can do for the country...
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Biggestguy225: 10:19pm On Feb 01 |
Problem of Nigeria is embezzlement and looting of public funds. Even with subsidies, a serious government can deliver for their people.
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givedemwotowoto: 10:20pm On Feb 01 |
helinues: Invite your colleagues. This one choke. It’s too much for a single Zone B to even attempt. 6 Likes |
Bobloco: 10:20pm On Feb 01 |
givedemwotowoto: They shared rice 5 Likes |
givedemwotowoto: 10:21pm On Feb 01 |
iamnotillicit: Millions of Nigerians have given millions of naira already now, abi you want their lives too? 3 Likes |
givedemwotowoto: 10:22pm On Feb 01 |
2 Likes |
helinues: 10:24pm On Feb 01 |
givedemwotowoto: They are too productive for ejo wewe |
Light777(f): 10:31pm On Feb 01 |
helinues:Just rest.boring and unintelligent response 5 Likes |
helinues: 10:36pm On Feb 01 |
Light777: You just described this thread of yours |
Elusive001: 10:41pm On Feb 01 |
givedemwotowoto: The FG has added misery and despair to the people. 2 Likes |
Elusive001: 10:42pm On Feb 01 |
givedemwotowoto: They have added more borrowings. |
Odin13: 10:48pm On Feb 01 |
Yoruba people as usual will rigmarole and get off.. Tinubu and his Yoruba government has nothing to show for.. Simple put What is Tinubu achievements in his tenure? Four years and nothing aside steady propaganda and monikers like helinues deflating and masking. Jokes of reasonable questions by nigerian citizens that Yoruba people and their government has no answer to They blamed buhari Yet buhari was already delivering on his first term… Ameachi was working .. Fashola was stumbling and waking .. but working . Onu was busy..Aregbe was in charge and putting up.. minister of foreign affair .. was everywhere .. Dalung .. was displaying .. all was seen with less propaganda .. Even the VP was busy Look at Tinubu istration with his yorub people .. Nothing .. is moving . Yet the same Yoruba people keep blaming the buhari government that delivered to San extend Tinubu and his Yoruba government are fraud .. hopelessly fraud Must he will go 3 Likes 1 Share |
helinues: 11:02pm On Feb 01 |
Odin13: Guy would something terrible happen to you if you did not troll others? Stop trolling me. You no dey make logical comments. It's a pure waste of time engaging with you Write your crying epistle in peace without ever mentioning me |
Enice(m): 11:10pm On Feb 01 |
givedemwotowoto:You're acting as if government is taking money from your pocket. Government was borrowing money to pay for subsidy. It's not as if government had the money. Therefore borrowing for subsidy has stop. Nobody is taking any money from you. You paying for what you consume 1 Like |
Odin13: 11:16pm On Feb 01 |
helinues: Yawn… Next! 1 Like |
mightyhaze: 11:35pm On Feb 01 |
I spend nearly half a million monthly..2 vehicles Instead of 80k |
Floky215: 11:37pm On Feb 01 |
givedemwotowoto: 0....infact they further impoverished the household and reduce drastically their purchasing power...!!! |
9japride(m): 12:25am On Feb 02 |
iamnotillicit:[color=#006600][/color] It's just an excuse to continue looting. Is it not government that is responsible for putting in place things that encourages investment? How can one do anything when the hands are tied? Politicians and beneficiaries of politicians lack empathy and blame the common man always. Those developing other foreign countries, are they not same humans like the ones found in Nigeria? Just to provide basic needs they start acting like gods. 2 Likes |
givedemwotowoto: 12:57am On Feb 02 |
mightyhaze: That’s a 600% increase! Unbelievable |
givedemwotowoto: 12:57am On Feb 02 |
Floky215: Sad! |
gabbytabby: 2:24am On Feb 02 |
One huge one is they have cleared FX backlog. They have done a lot of clearing ground so that very soon it will start to bear fruit by God’s Grace. Amen. The fight with different cabals holding 9ja to ransom nko. Oleku Ija Ore but God will see him through. givedemwotowoto: 1 Like |
ValarDoharis: 3:02am On Feb 02 |
Answer the question, stop deflecting
helinues: |
pharmagba: 3:08am On Feb 02 |
givedemwotowoto: This question indicates your need for education on economics. First subsidy removal cannot immediately translate to benefits. Why? Nigeria prior to the removal Nigeria was using 99% of it revenue in servicing debts ( not evening paying back) not only that Nigeria have collected payment in advance for oil it hs not even drilled. Which is another debt. Then the most shameful of all, businesses such as airlines had their money swallowed up in the mess. Nigeria was like an accident victim in the emergency room. The first is to stop the bleeding and stabilise the patient. At this point the patient might still be in great distress. Recovery does not show immediately. Benefit is Nigeria has a future. 1 Like |
givedemwotowoto: 3:52am On Feb 02 |
pharmagba: Before the WB or IMF gives you a loan, you must have a collateral to back it up. In this case Nigeria uses projected/future sales revenue from oil as collateral. You’re not a genius for knowing that. That’s basic knowledge. Other countries do the same including Russia. Also, I don’t need your elementary school analogies, answer the question. FG said they removed subsidy because it wasn’t benefiting Nigerians, that it was benefiting only a few people. Now that subsidy has been removed and many Nigerians have to pay over N1 million more than they were paying for petrol alone, how has FG benefited them with the money saved? 1 Like |
surgical: 3:53am On Feb 02 |
pharmagba:let assumed without conceding that what you said is true, will the solution be stitching the wounds without palliatives and in the most guerelling manner ,giving 15 injections,at once instead of one spread over some days Will a good doctor not review his treatment plan to check if it is working, if the patient is deteriorating like the case of Nigeria The language used here is the usual government propaganda to pull wool over the eyes of the people, even the owners of the prescription the imf and World Bank has said if it will yield results it will take about 15years ,does Nigeria have that luxury, meaning it will like 4 of Tinubu, meaning Tinubu will not be around to give the result, he would have just suffered Nigerians for nothing This bolekaja, made in bourdillon policies cannot yield any meaningful results, that's the truth 1 Like |
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Dangote Refinery Reduces Petrol Price Again, Now ₦825 Per Litre
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