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Nairaland Forum / Nairaland / General / Politics / What Is Lagos Doing With Its Subsidy Removal Fund? (8558 Views)
No Going Back On Subsidy Removal - FG / Jimi Agbaje Is Lagos PDP Governorship Candidate / Jonathan Insists On Subsidy Removal (2) (3) (4)
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What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 4:31pm On Jan 02, 2013 |
What has the Lagos State govt been doing with its share of funds saved from partial removal of fuel subsidy? This is an important question that should bother every right thinking Nigerian/Lagosian. Though subsidy removal was fiercely opposed by ACN governors and legislators, the federal govt succeeded in partial removal of fuel subsidy, courtesy of which ALL tiers of govt earned EXTRA funds. The FG has since deployed its share to intervene in several critical infrastructure nationwide through a programme it calls SURE-P. However, no one knows what other tiers of govt are doing with their share of the funds. I singled out Lagos state because it is the nations commercial capital and is expected to set the pace for other states. The question therefore is what has the Lagos state govt been doing with its share of the funds? It is estimated that the Lagos state govt has been getting EXTRA N300million or more every month since fuel subsidy was removed partially in Jan 2011. Personally, I had expected the Lagos state govt to deploy this UNEXPECTED EXTRA funds to complement funding and bring to quick completion critical projects in the state such as the Lagos metro rail line. What about using it to commence the construction of 4th mainland bridge? What about using part of the funds to bring back to life the EPILEPTIC and "o ti ba je" state owned media organisation (LTV)? I ask again, what is the Lagos state doing with the unexpected EXTRA funds it receives courtesy of partial removal of fuel subsidy? Or is the funds being diverted to Tinu...'s pocket? |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by carslease: 4:48pm On Jan 02, 2013 |
Sincere 9gerian: What has the Lagos State govt been doing with its own share of funds saved from partial removal of fuel subsidy? This is an important question that should bother every right thinking Nigerian/Lagosian. Though subsidy removal was fiercely opposed by ACN governors and legislators, the federal govt succeeded in partial removal of fuel subsidy, courtesy of which ALL tiers of govt earned EXTRA funds. The FG has since deployed its share to intervene in several critical infrastructure nationwide through a programme it calls SURE-P. However, no one knows what other tiers of govt are doing with their share of the funds. Oya EKO ILE come answer o! |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Bacteriocin(m): 4:53pm On Jan 02, 2013 |
Sincere 9gerian: What has the Lagos State govt been doing with its own share of funds saved from partial removal of fuel subsidy? This is an important question that should bother every right thinking Nigerian/Lagosian. Though subsidy removal was fiercely opposed by ACN governors and legislators, the federal govt succeeded in partial removal of fuel subsidy, courtesy of which ALL tiers of govt earned EXTRA funds. The FG has since deployed its share to intervene in several critical infrastructure nationwide through a programme it calls SURE-P. However, no one knows what other tiers of govt are doing with their share of the funds.Why lagos state alone when we have 36 states ? 1 Like |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Geomac: 4:56pm On Jan 02, 2013 |
OP, it is not completely true that ACN Governors opposed partial subsidy removal. I also want to know what all the Governors including FCT Minister have done with the funds disbursed to them in 2012. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 5:03pm On Jan 02, 2013 |
Geomac: OP, it is not completely true that ACN Governors opposed partial subsidy removal.Good. But this thread is specifically for Lagos state. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 5:05pm On Jan 02, 2013 |
Bacteriocin:Because it is the commercial capital and is expected to set the pace. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Bacteriocin(m): 5:11pm On Jan 02, 2013 |
Sincere 9gerian:So they should separately announce what they are using the money for? |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by PaulJohn1: 5:25pm On Jan 02, 2013 |
Double post |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by PaulJohn1: 5:26pm On Jan 02, 2013 |
What a Which is more vital Lagos or the FG? Why not first ask the FG what substantial the subsidy whatever has been spent on for the betterment of Nigerians. Wasn't it of recent a proposal was made to borrow another huge amount without nothing tangible to show for it Obsession with Lagos is making some fellas look ins.ane permit me. 1 Like |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by DuduNegro: 5:26pm On Jan 02, 2013 |
*SPACE RESERVED * |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by ba7man(m): 5:34pm On Jan 02, 2013 |
@OP. Don't you think asking the Federal Government questions on what happens to the monies generated in this country and borrowed will be a better place to start your search, rather than asking what Lagos state does with 300million Naira. That's almost Jonathan's Monthly feeding allowance in question there. 4 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by GARRIx7(m): 5:36pm On Jan 02, 2013 |
Bacteriocin: Haven't you noticed the fixation of many vile-hearted folks on Fashola? The reason is simple, they want to rubbish his image, make him look bad ALL IN READINESS FOR 2015. If Fashola contests in 2015, the drunkard in Aso rock will be in serious soup as Fash is one of the most viable options of the opposition parties for the presidential ticket. The OP's governor has been away treating SYPHILIS in "God-knows-where", yet all he can think about is Fash and 2015. What a buns!!! Silly9gerian where is the 370,000 jobs promised by ur Aso rock drunkard in 2012?? 13 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by babapupa: 5:42pm On Jan 02, 2013 |
carslease: Must eko ile attend to every internet and NL rif rafs especially laptop crews and their re.tarded posts. 1 Like |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Geomac: 6:06pm On Jan 02, 2013 |
babapupa: You have given sincerenigerian an upper cut and his dental formula has been altered. 7 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by koruji(m): 6:06pm On Jan 02, 2013 |
The real question is what useful thing are you going to do with YOUR brain in 2013? This venture in which are engaged is rusting your oblongata. If you are not careful it will drive you in sane. I certainly don't want to read the following this new year: "Non-Sincere 9gerian jumps into the Atlantic Ocean after climbing the walls of Eko Atlantic because Fashola's mega-achievements overloaded his tiny brain" Find a job - may be Fashola can get you one driving sand truck on the Eko Atlantic site Sincere 9gerian: What has the Lagos State govt been doing with its share of funds saved from partial removal of fuel subsidy? This is an important question that should bother every right thinking Nigerian/Lagosian. Though subsidy removal was fiercely opposed by ACN governors and legislators, the federal govt succeeded in partial removal of fuel subsidy, courtesy of which ALL tiers of govt earned EXTRA funds. The FG has since deployed its share to intervene in several critical infrastructure nationwide through a programme it calls SURE-P. However, no one knows what other tiers of govt are doing with their share of the funds. 2 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 6:31pm On Jan 02, 2013 |
GARRI (x7):Why not provide us with answers rather than try to divert attention? For your information, nobody is losing sleep over an imaginary presidential ambition of Fashola in 2015. Fashola stands NO CHANCE in 2015 presidential elections. The battle for 2015 will be between GEJ vs hausa-fulani muslims. Simple! Besides, Fashola has NO FUTURE in ACN as long as Tinubu is alive. So lets deal with the issues raised on this thread 9 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by GARRIx7(m): 6:36pm On Jan 02, 2013 |
Sincere 9gerian: The fear of Fashola is the beginning of wisdom!! #2015things# 9 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Omen100(m): 7:16pm On Jan 02, 2013 |
Unsincere nigerian, u have to be very very careful with the ways u go about displaying ur sentiments or it will drive u mad in no time soon, u have being warned. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by jmaine: 7:35pm On Jan 02, 2013 |
Anyone who feels Fashola is a force to reckon with in 2015 politicking is naive . . . . . 3 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by koruji(m): 9:02pm On Jan 02, 2013 |
And could you provide us reasons for that? Or we should just believe in you? jmaine: Anyone who feels Fashola is a force to reckon with in 2015 politicking is naive . . . . . |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by seanet01: 9:17pm On Jan 02, 2013 |
koruji: And could you provide us reasons for that?Jamiu rarely use his brain. 2 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by jmaine: 10:21pm On Jan 02, 2013 |
koruji: And could you provide us reasons for that? No one is telling you to believe me . .but only the naive believe Fashola is ready for 2015 Presidency shot . . . The highest he can attain is a Vice P slot . . . .and we know the VP slots are mostly cosmetic in nature to court votes from certain regions . . . . . Having dreams isn't the same as reality . .When 2015 comes . . . . We shall compare facts and indices . . . . . seeDunce: Jamiu rarely use his brain. At least i get brain unlike those wey no even get any brain cell like you . . . . |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by seanet01: 10:34pm On Jan 02, 2013 |
jmaine:Jamiu pele o. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 10:34pm On Jan 02, 2013 |
I hope we won't be seeing lot of dumb pro-PDP threads this year. 1 Like |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 10:42pm On Jan 02, 2013 |
No information yet? May be I should repeat the question. What has Fashola been doing with the lagos state share of the subsidy funds? Accountability is needed not only at the federal level, but also at the state and local govt level. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by seanet01: 10:44pm On Jan 02, 2013 |
berem: I hope we won't be seeing lot of dumb pro-PDP threads this year.We are already seeing them. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by seanet01: 10:48pm On Jan 02, 2013 |
Sincere 9gerian: No information yet? May be I should repeat the question. What has Fashola been doing with the lagos state share of the subsidy funds? Accountability is needed not only at the federal level, but also at the state and local govt level.Go and ask at the appropriate quarters. I doubt if you can ask your deluded governors in that gully erosion pervaded region this hypocritical question. D.u.m.b a.s.s |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 10:50pm On Jan 02, 2013 |
Sincere 9gerian: No information yet? May be I should repeat the question. What has Fashola been doing with the lagos state share of the subsidy funds? Accountability is needed not only at the federal level, but also at the state and local govt level.go google am na! You no know where google dey? 4 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by Nobody: 10:58pm On Jan 02, 2013 |
Is this same SURE-P that GEJ said won't be possible because of the subsidy removal? Where are the buses promised by FG? 2 Likes |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by taharqa: 11:05pm On Jan 02, 2013 |
Very Apt question @OP. Shee it was the same ACN and their goons herethat asked the FG the same question TWICE on the FG 2 days ago? They were SHOUTING then. SURELY, it wouldn't be too easy to respond to the same question thrown back at you na? Piece of Cake really!! SO we are clear, see: Since the partial removal of fuel subsidy by the Federal Government seven months ago, a whopping N248.85bn has been shared by the three tiers of government under the Subsidy Re-investment and Empowerment Programme. http://www.punchng.com/business/business-economy/subsidy-savings-fg-states-lgs-share-n248-85bn/ The FG has FULFILLED the promise made to Nigerians early this year to SET ASIDE the funds saved from the removal of subsidy and distribute same to all the Tiers of Govt, in order to fund SPECIFIC infrastructure projects (like Rails, Roads and Bridges) and Job Creation measures (like Graduate Internship Scheme). This promise have been/ is been Kept. Now, what has the states including the ACN controlled ones(who have received at least an average of #300million EACH month) done with their own part of the subsidy money. What projects or programmes have they used the subsidy money they have received to do? Shee, they are puking their mouths into FG's share?? Thanks for the ANTICIPATED RESPONSE. |
Re: What Is Lagos Doing With Its Subsidy Removal Fund? by taharqa: 11:07pm On Jan 02, 2013 |
JUST to recap some of the response that was given when this same qusetion was asked BY ACN AND ITS GOONS here 2 days ago about some of the things the FG have been doing with their share of the fund: The FG promised to provide 'Direct' JOBS Invention' in 3 ways: - YOUWIN programme, where young entrepreneurs are meant to submit their business plans from which 1200 of them will be selected by an international Consultancy Firm ON MERIT, and then mentored and given various sums of monies bw #1m-#10m to set up/run their businesses and employ other persons (Already, this programme has been widely adjourned SUCCESSFUL with the 1st set of 1200 persons selected on MERIT and given their 2nd tranche of money already. A 2nd set of 1200 female entrepreneurs are been selected already in a similarly TRANSPARENT process). http://indepthnewsng.com/fg-releases-second-tranche-of-youwin-payments/ - Graduate Intensive Scheme, which is funded by the SURE-P and meant to attach 50,000 young Degree/HND graduates to some companies where they would have the opportunity to be employed after one year and will be paid some stipends by the FG during that time (the advert for this programme was everywhere from July/August this year, and already some of the successful names have already been released and in the process of been posted to the interested companies) http://www.naijafinder.com/nigeria-job-vacancies/194806-federal-government-graduate-internship-scheme-verification-1st-batch-interns.html - Lastly, the 370,000 jobs promised youths and women(yea, its 370,000 not 37,000- 10,000 each for the 36 states and Abuja of course) . But this is how this works- the FG and each state Govt are supposed to collaborate to run the programme in each state with the FG paying for 5000 persons while the particular state pays for the other 5000; some states are already doing their part in this respects and are setting up their programmes, while some states are stalling (IRONICALLY, only reecently, an ACN state was accussed by the state SURE-P coordiantor of not cooperating- the FG particularly accused the Osun Govt recently of playing POLITICS and stalling the programme in the state). As you already mentioned, Abuja, which is under the direct control of the FG, have already employed 4000 persons out of their 10000 slot. Oh, by the way: states have ALL receive their share of the subsidy money rom the Federation account as promised, from which they were supposed to pay their own 5000 persons (amongst other things). http://www.tribune.com.ng/news2013/index.php/en/component/k2/item/1262- http://www.thisdaylive.com/articles/sure-p-fcta-backs-akinjide-s-claim-on-job-provision/134797/ |
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