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Nairaland Forum / Nairaland / General / Politics / Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt (9233 Views)
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Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Adesiji77: 11:59pm On May 15, 2016 |
Osinbajo: Fuel subsidy not removed, increase due to non-availability of FX Kachikwu: Fuel subsidy has been removed So, which one? The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the federal government would have had to shop for N16.4 billion every month to offset subsidy claims of petrol marketers if it had not taken the decision to remove subsidy on fuel consumption. http://www.thisdaylive.com/index.php/2016/05/15/kachikwu-subsidy-removal-to-save-n16-4bn-monthly-for-govt/ 3 Likes 2 Shares |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Nobody: 12:03am On May 16, 2016 |
So what happens to the 16.4bn after? Una go still chop am like national cake Spare US all these c-ck and lai stories abegiii 27 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by TheNonce: 12:14am On May 16, 2016 |
Story, story?........................ 7 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Nobody: 12:17am On May 16, 2016 |
Confused Government I must say! Who is telling d truth between the two? Tot they said subsidy wasnt removed? This people really take us for fools! I dont blame them anyway, We certified ourselves as fools d moment we brought back som1 dat wrecked us in 1984 to com rule us again. 16 Likes 1 Share |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by micfoley: 12:39am On May 16, 2016 |
This is official confusion 11 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by mosesdejaviano(m): 12:44am On May 16, 2016 |
Wow saving while the people they are ruling on are suffering. Our Lord why are we cursed with this kind of leaders. They are insensitive to the plight of common man on the street. U are saving but those u are ruling on are gnashing their teeth. Continueeeeeee 3 Likes 1 Share |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Karm16: 1:09am On May 16, 2016 |
I support the removal of Feul subsidy, but where will the saved money be going? Politician pockets. So e no concern hungry iPod yoots. 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by freakthingz(m): 1:31am On May 16, 2016 |
Yeah but pips on the street wont see one naira then senators pikin go dey form for us with our own money Nigerians are being taken on a ride on a double decker of suffer departure from corruption to corruption with a twist 6 Likes 1 Share |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by omowolewa: 2:36am On May 16, 2016 |
It wasn't removed, it wasn't budgeted. Who will then pay? 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by ORACLE1975(m): 2:59am On May 16, 2016 |
Madness 2 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Truefederalism(m): 8:22am On May 16, 2016 |
omowolewa: 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Upnepaa(m): 8:23am On May 16, 2016 |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by costandi(m): 8:24am On May 16, 2016 |
1. Subsidy wouldn't be removed. 2. Subsidy removal would create thousands of jobs - kachikwu, lie mohammed 3. Subsidy wasn't removed. 4. Subsidy removal would save money. Buharis government is a disaster. 24 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Nobody: 8:24am On May 16, 2016 |
Booked |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by ogawisdom(m): 8:24am On May 16, 2016 |
What's d essence when it will send lots of Nigerians to untimely death. Kachikwu jst shut up already Let's d strike n protest begin 8 Likes
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Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Segadem(m): 8:24am On May 16, 2016 |
Ok |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by OZAOEKPE(f): 8:24am On May 16, 2016 |
Nigeria is in 'confusion mode'. 3 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by nonstan(m): 8:24am On May 16, 2016 |
The other surep money was embezzled.. Let's c wat happens to this one |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by sigiyaya(m): 8:25am On May 16, 2016 |
But the vice president said that subsidy was never removed. |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Segadem(m): 8:25am On May 16, 2016 |
OZAOEKPE:Who activate am? |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by cosmatika(m): 8:26am On May 16, 2016 |
The devil has taken over Osibanjo 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by pabloid(m): 8:27am On May 16, 2016 |
Shut the nation down!!! Lying hypocrites 12 Likes 2 Shares |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by charsobodo(m): 8:27am On May 16, 2016 |
Ok |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by biz9ja(m): 8:27am On May 16, 2016 |
CONFUSED [size=18pt]fifu[/size] 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by YourMrBoo: 8:27am On May 16, 2016 |
It will save the amount for the government? In the expense of the masses...?? What about paying that and save additional #70 for the masses buying litres of fuel?? Greedy polithieves... And what's the guarantee that the money will be put in good use in affecting the masses directly... 8 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by evansjeff(m): 8:28am On May 16, 2016 |
when will Nigerians understand common English, what's contradictor here? No provision for fuel subsidy in 2016 budget period, they have just implement that aspect of the budget. |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by ArmaniUhuru: 8:28am On May 16, 2016 |
Who are you saving for? Who are you representing? Who are you trying to please? Because the people you're representing are suffering already. 2 Likes |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by drejenny(m): 8:31am On May 16, 2016 |
Stories that touches my abdomen |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Hillzy(m): 8:32am On May 16, 2016 |
That means u are d one who give d president d advice to removed subsidy, ipob com n c wat one of ur son is doing o 1 Like |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by 989900: 8:32am On May 16, 2016 |
vargasvictory: There is no N16.4b. They removed subsidy since the time they drafted the budget. “There is no provision for subsidy in 2016 appropriation. As at today, the current PMS price of N86.50 gives an estimated subsidy claim of N13.7 per litre which translates to N16.4 billion monthly. There is no funding or appropriation to cover this,” said the minister in the tweet. |
Re: Kachikwu: Subsidy Removal To Save N16.4bn Monthly For Govt by Ijaya123: 8:35am On May 16, 2016 |
We know the money saved will be put to good use unlike the previous administration who lacked the mental and moral capacity to manage our resources. Yet to meet a single person who benefitted from the scam called SURE-P. |
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