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What Value Has Government Added To Nigerians From Subsidy Removal? - Politics - Nairaland 374lg

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
helinues: 10:10pm On Feb 01
Only productive people can answer that

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givedemwotowoto: 10:14pm On Feb 01
helinues:
Only productive people can answer that

As a “productive person”, Oya answer now. What value have they given you back after collecting over N1 million from you?

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givedemwotowoto: 10:15pm On Feb 01
nlfpmod
helinues: 10:15pm On Feb 01
givedemwotowoto:


As a “productive person”, Oya answer now. What value have they given you back after collecting over N1 million from you?

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...
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.

1 Like

givedemwotowoto: 10:20pm On Feb 01
helinues:


For you to be asking, mean you are probably not productive. It's a waste of time explaining anything to you

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:
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?

They shared rice

5 Likes

givedemwotowoto: 10:21pm On Feb 01
iamnotillicit:
Do not ask what your country can do for you but what u can do for the country...

Millions of Nigerians have given millions of naira already now, abi you want their lives too?

3 Likes

givedemwotowoto: 10:22pm On Feb 01
Bobloco:


They shared rice

cheesy cheesy cheesy cheesy cheesy

2 Likes

helinues: 10:24pm On Feb 01
givedemwotowoto:


Invite your colleagues. This one choke. It’s too much for a single Zone B to even attempt.

They are too productive for ejo wewe
Light777(f): 10:31pm On Feb 01
helinues:


They are too productive for ejo wewe
Just rest.boring and unintelligent response

5 Likes

helinues: 10:36pm On Feb 01
Light777:
Just rest.boring and unintelligent response

You just described this thread of yours
Elusive001: 10:41pm On Feb 01
givedemwotowoto:
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?


The FG has added misery and despair to the people.

2 Likes

Elusive001: 10:42pm On Feb 01
givedemwotowoto:
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?

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

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helinues: 11:02pm On Feb 01
Odin13:
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

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:
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?
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:


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


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:
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?


0....infact they further impoverished the household and reduce drastically their purchasing power...!!!
9japride(m): 12:25am On Feb 02
iamnotillicit:
Do not ask what your country can do for you but what u can do for the country...
[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:
I spend nearly half a million monthly..2 vehicles

Instead of 80k

That’s a 600% increase! Unbelievable
givedemwotowoto: 12:57am On Feb 02
Floky215:



0....infact they further impoverished the household and reduce drastically their purchasing power...!!!

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:
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

ValarDoharis: 3:02am On Feb 02
Answer the question, stop deflecting
helinues:


For you to be asking, mean you are probably not productive. It's a waste of time explaining anything to you
pharmagba: 3:08am On Feb 02
givedemwotowoto:
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?

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:


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.

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:


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.
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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