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Nairaland Forum / Nairaland / General / Politics / IMF Insists On Fuel Subsidy Removal (17086 Views)
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IMF Insists On Fuel Subsidy Removal by iwaeda: 10:04pm On Feb 07, 2022 |
The position of the organization was contained in the Executive Board’s conclusion of the Article IV consultation with Nigeria report, which was released, yesterday. https://www.vanguardngr.com/2022/02/imf-insists-on-fuel-subsidy-removal/ 1 Like
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Re: IMF Insists On Fuel Subsidy Removal by ThinkSmarter: 10:06pm On Feb 07, 2022 |
They should remove the fuel subsidy Improve power supply. Improve accessibility to clean energy [Solar] Those of you kicking against the removal of fuel subsidy should know that Nigeria economy is solely dependent on oil revenue. And PMS is used more than AGO, DPK and LNG combined. Worst case scenario is that most of the subsidized products are diverted to other West African countries where they still market the product without subsidy. Before federal government will realize more capital for infrastructure development in railways, education, health, agriculture etc. Subsidy must be removed. Don't expect state governments to pay salaries smoothly, employ people, increase workers salary and carry out infrastructural development without increase in Federal allocation. Remove the Fuel subsidy Now! It's high time we make a crucial decision for our future and damn the temporal consequences. 37 Likes 9 Shares |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:08pm On Feb 07, 2022 |
Is that the reason for Fuel scarcity 13 Likes 2 Shares |
Re: IMF Insists On Fuel Subsidy Removal by Racoon(m): 10:11pm On Feb 07, 2022 |
This fuel subsidy or fraudulent subsidy under-recovery the sanctimonious Buhari government called it ought to have been removed since 2012 but they politicised the issue. Now it must go but they are in a dilemma to do so after removing fuel subsidy multiple times. Awon werey gbogbo. 76 Likes 2 Shares |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:20pm On Feb 07, 2022 |
Racoon: Lies can never out live the truth, whatever name they called it, over recovery, under payment 30 Likes 1 Share |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:30pm On Feb 07, 2022 |
Lalasticlala otisele |
Re: IMF Insists On Fuel Subsidy Removal by BeeBeeOoh(m): 10:33pm On Feb 07, 2022 |
As far as we Buharists are concern, there's nothing like fuel subsidy. It's a ploy by PDP and their supporters to destroy Buhari's image. Sai baba 4+4+4 25 Likes 1 Share |
Re: IMF Insists On Fuel Subsidy Removal by Penguin2: 10:35pm On Feb 07, 2022 |
By now we would have forgotten about fuel subsidy if not Tinubu and his urchins’ stupidity and malicious unpatriotism in 2012 when they mobilized their fellow social irritants to Ojota to protest against fuel subsidy removal. Something he knows was imperative but he chose to play selfish politics with it. Tinubu will never benefit from all of these his many treacherous acts. 102 Likes 6 Shares |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:41pm On Feb 07, 2022 |
BeeBeeOoh:Let us go back to Ojota 12 Likes |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:42pm On Feb 07, 2022 |
Penguin2: Someone whose live is only hanging on a thread 14 Likes 2 Shares |
Re: IMF Insists On Fuel Subsidy Removal by BeeBeeOoh(m): 10:45pm On Feb 07, 2022 |
iwaeda: This is the real time Nigeria need to be saved not that 2012 fake save Nigeria championed by Buhari, Tinubu, Tunde Bakare, Wole Soyinka etc. 25 Likes |
Re: IMF Insists On Fuel Subsidy Removal by JohnSin97: 10:45pm On Feb 07, 2022 |
We're about to get internationally groped by the imf 8 Likes 1 Share |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:47pm On Feb 07, 2022 |
BeeBeeOoh: I told people back then, they said Jonathan is paying me 24 Likes |
Re: IMF Insists On Fuel Subsidy Removal by BeeBeeOoh(m): 10:53pm On Feb 07, 2022 |
iwaeda: My joy in this whole issue is that this Buhari effect of a thing knows nobody, e dey touch both Buharists and non-Buharists anyhow. So, baba, no too worry yourself make dem no talk sey GEJ still dey pay you. 26 Likes |
Re: IMF Insists On Fuel Subsidy Removal by iwaeda: 10:55pm On Feb 07, 2022 |
BeeBeeOoh:That is it now. Everyone is buying a bag of rice at 5k 21 Likes 1 Share |
Re: IMF Insists On Fuel Subsidy Removal by BeeBeeOoh(m): 10:58pm On Feb 07, 2022 |
iwaeda: E costly for your side o, we dey buy N2,800 down here in Onitsha. Sai baba 40 Likes |
Re: IMF Insists On Fuel Subsidy Removal by LibertyRep: 11:01pm On Feb 07, 2022 |
BeeBeeOoh: Foreign or local? Na #2300 for local here? The pyramid has crashed the price. 52 Likes 2 Shares |
Re: IMF Insists On Fuel Subsidy Removal by slawormiir: 11:19pm On Feb 07, 2022 |
Damnnn niggar Isoright 1 Like 1 Share |
Re: IMF Insists On Fuel Subsidy Removal by Iliveforever(m): 11:19pm On Feb 07, 2022 |
I would’ve agreed it’s removed due to how the money would be channeled into infrastructure growth, but at the same time when I know the money will still be consumed by all these shameless and greedy politicians, no need of suffering in vain. Subsidy remains 24 Likes 7 Shares |
Re: IMF Insists On Fuel Subsidy Removal by Stevenson20: 11:20pm On Feb 07, 2022 |
Everybody should brace up. Na now the real suffering will start. For the fact that it will also affect nairaland resident zombies and BMC crews, its fine by me. Let the party begin 6 Likes |
Re: IMF Insists On Fuel Subsidy Removal by fixedhollies(m): 11:20pm On Feb 07, 2022 |
Umm |
Re: IMF Insists On Fuel Subsidy Removal by Nobody: 11:20pm On Feb 07, 2022 |
Make dem kuku kill us finish o. "Water, light, food. . . e no dey. De e de e de, e no de". 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by Maxxim: 11:20pm On Feb 07, 2022 |
Imagine, removal of subsidy makes the price of the fuel higher, additional Vat also inflate the price of goods and services, Naija which way Imf just be like Lapo, Naija don enter trouble, una never see anything. 21 Likes |
Re: IMF Insists On Fuel Subsidy Removal by Hndrrxxx(m): 11:20pm On Feb 07, 2022 |
Re: IMF Insists On Fuel Subsidy Removal by Ayoefa: 11:21pm On Feb 07, 2022 |
[s] Penguin2:[/s] Pls say no to Mkpuru Mirri and cannibalism. The sad effects are all over NL. 5 Likes 3 Shares |
Re: IMF Insists On Fuel Subsidy Removal by BleedTears: 11:21pm On Feb 07, 2022 |
Lol are we truly independent? How will IMF tell us what to do, are they going to share money to the citizens to use buy the fuel at exorbitant price? 6 Likes |
Re: IMF Insists On Fuel Subsidy Removal by Drsnives(m): 11:21pm On Feb 07, 2022 |
Watin be their own for the matter nah 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by Paradigms: 11:25pm On Feb 07, 2022 |
Lol naija is gone forever... The last person should switch off the lights 1 Like |
Re: IMF Insists On Fuel Subsidy Removal by chloride6: 11:27pm On Feb 07, 2022 |
This country surprises me... I thought the president was determined to tackle graft in the downstream petroleum sector but in the end he has no will to see through with his decision. APC and gra gra... By now PDP would have increased fuel prices jejely hereby sharing the burden between government and citizen but APC went to pass PIB, now their spineless selves can't follow through... Not implementing the PIB put Nigeria at risk of losing key investments. They have collected the accolades for passing the PIB now is the time to collect the thorns too. 2 Likes |
Re: IMF Insists On Fuel Subsidy Removal by Razy75g: 11:28pm On Feb 07, 2022 |
Not all Muslims are terrorists..... but all terrorists are Muslims. Irritating lot 6 Likes |
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