What happened to our saving from subsidy removal?

He's definitely continuing from where Buhari stopped



God how come allow wey den born me for dis Corntree

Go on go for more

delugajackson:
Nigeria is finished. The future of our youths have been mortgaged. I thought this senseless borrowing ended with Buhari. Now Tinubu has taken us to another level with his borrowing spree. Shame on all who support this mad government.

Who expected any less from this fellow. A man with wealth without enterprise. No factories, office, industry. Someone that only knows how to raise money through taxing or rather extortion, in a Mafian style. Mc oluomo way but on a higher level.
When there is no longer anyone to tax, as the people are already impoverished, the next thing is to pile loans, instead of think outside the box.
Anyway, Nigerians deserve what we get, one day we will have sense.

Hmm

World Bank Country Director for Nigeria, Shubham Chaudhuri is the new president of Nigeria

Meanwhile, the World Bank Country Director for Nigeria, Shubham Chaudhuri, yesterday, said the bank has committed over $11 billion in the past three years to Nigeria’s governments at both the federal and the sub-national levels.

Normal things.. Na their way.

And their mumu supporters no go see all these faults... Smh

Later, some oversabi analyst will start using words like: we borrowed, we did this and we did that....

Let it be known that I never borrowed and take part in the sharing of any borrowed money that has landed this country where it is today.

When you make comments, mention those who borrowed and squandered the borrowed money and those who were supposed to make policies to push the country forward but didn't.

Awon oni yéyé..

Dammmmmmmmnnnn it!
The shyyythole is being ruled by a bunch of unrepentant, insatiable THIEVES!
# eBOLA on rampage

CodeTemplar:
What happened to our saving from subsidy removal?

I am with it

Deltafirstson:
What is new here? Tinubu is only trying to Lagoslize Nigeria very quickly with its debt burden. Tinubu made Lagos the most-indebted state in Nigeria, with Delta coming in second and Ogun third most-indebted. Tinubu is only trying to do to Nigeria what he did to Lagos. Anyone who was expecting anything different from Tinubu—that person—is a fool. Anything Tinubu touches, he bruises asunder!

How is Delta owing so much to begin with?!!

There is absolutely nothing to show for it in the entire state.

Benki003:
Cc Yarimo and leodking where una dey

You will never see them in threads like this. But let the topic be "FG plans to disburse 15m to 200m households" then you see them crawling out from their holes like crickets, drooling with praise and worship to their god BAT.

Just 51B? How much Elon Musk and him partners take buy Twitter last year?
There are levels to this thing.

Please keep borrowing Mr president. I am always with you. your next borrow should be about 500 billion dollars.

Just is just the beginning. All I am praying for is a comfortable life for myself and my family.
Una never see anything.we are just getting started

Why did eBOLA (the insatiable kleptomaniac) remove FUEL SUBSIDY in the first place
as usual, the subsidies has been looted, hence the need for more loans.,..
The shyyythole is a stupid joke

Nigeria would have been better than this if just a goat or rat become our president.

The man in.power is just creating problems everyday since his inaugural speech.

This country would have been better off without a president.

ican2020:
What of money saved from subsidy removal

Which subsidy removal?
Anything pertaining to that is voice mail.
Looted with impunity.
Is there anything like accountability?
Does anyone know what's going on in this govt?
Obasanjo introduced road tax on every little of petrol bought to sustain the tolls on federal roads.. the tolls were dismantled but the tax is still being quietly generated and looted.. no one is talking.

Anyone expecting a change from APC is living in denial.

Nigeria

cigaricon:


You will never see them in threads like this. But let the topic be "FG plans to disburse 15m to 200m households" then you see them crawling out from their holes like crickets, drooling with praise and worship to their god BAT.

I'll continue to call them, very demented set of human beings

epainos:
There is nothing bad in taking loans in times of crisis, but as long as the loans are embezzled like we have been seeing, Nigeria is going to go broke because creditors may take over our gas and oil. Maybe...I do not know.

The only way out is for all regions to form new nations the way I see it. Otherwise, my prayer will be answered. And my prayer is that Nigeria should go broke faster than expected so there won't be anything to loot again. All bad politicians will leave the government and move to their second nations. While good people will step in and start rebuilding. Bug such rebuilding should not be as Nigeria. Nigeria must crash before we start enjoying. And it seems we are holding tight to Nigeria. I know that as long as Nigeria exists, we will keep suffering, so I pray Nigeria stops existing in my lifetime and not after me. This is my prayer ooo.

So, if we refuse to let Nigeria stop existing now, I pray Tinubu crashes the economy in his first term so that Nigeria can go broke. This is my prayer.

Before you insult me, read my previous posts for details on this issue. I want a united Nigeria myself and I have prayed for it. I am not Igbo...so no one should start insulting Igbo cos of my post. I have thought these things through, and I have seen that Nigeria cannot prosper. It has to die and new nations from it will start prospering.

Hmmm, sounds stupid when you think about it superficially but meaningful when you think it through deeply. The looting isn't going to stop. And apparently no one is ready to sacrifice their lives and convenience for this cause. It's going to get hard before the country starts experiencing peace.

ican2020:
What of money saved from subsidy removal

@ Nairalanda1, come and answer this question

omakay:
Is there no maximum limit set for any country to borrow up to?

Is it like a 'FOREVER-OPEN-CREDIT-WINDOW'?

This is a very good question.

I hope there is a professional answers to this question.

Who are those fools supporting Bat you all idiot should hide your face in deep shame
More suffering loading we are just getting started

Why do u assert that Yoruba people are brilliant?

Port443:
Someone said that Tinubu didn't promise anyone good governance, that he only said it was his turn. That statement is true, and it pains me because he is currently representing the largely brilliant yoruba people and their slot.

He is ready to let everything that can go wrong to truly go wrong.

The leopard doesn't change its skin. We begged everyone to work together and ensure that this calamity doesn't come to power, but nope, jagaban must rule, even if he ruled over corpses.

Racoon:
The so called phantom generated IGRs and fuel subsidy savings are no where to be seen. But so so loans, borrowings, and so much debt pillage but nothing benefits the common man yet bastards urchins are defending all these corruption, criminality and illegitimacy

FreeStuffsNG MANNABBQGRILLSs LeoDeKing LegendHero etc. They will all avoid this thread.
They should continue deceiving themselves. They think they are doing Peter Obi 😂

E go affect all of una personally.

Lordsonn:
The government of borrowers by borrowers and for the borrowers.
Buhari's government is better than this one. Too bad NIGERIA fall to the hands of wrong people.

Don't praise the government of that vegetable for any reason for God's sake.

Mannabbqgrils nlpolicewoman freestuffsng templarlandry denreledave N3TRAL helinues seunmsg moh247 duro4change LeoDeKing

In just 8 short years over 30 billion dollars vaporized from the Nigerian economy.
Must be the greatest heist of all time.
Where the heck is all that money.

Beautifulgirl:



https://www.vanguardngr.com/2023/11/foreign-debt-to-top-51bn-as-tinubu-seeks-fresh-7-8bn-e100m-loans/

Mallam Garba said, “It is better late than never. This borrowing should be done before the unification into single exchange rate. This will stabilise the exchange market and reduce the devaluation of naira.

“We have no choice than to borrow in foreign exchange to meet up the huge demand of FX.”

Mallam, I am sorry to say that you are extremely wrong. All these will still amount to nothing and if we tell Nigerians to endure with the suffering, they won't. Nigerians are not ready to develop

The Nigerian animals should congratulate their self by bring tinubu into power,even if they paid you to support this government, the money won't be enough to take care of your stupidity

ican2020:
What of money saved from subsidy removal

That's what was used to buy the first bullet proof SUVs since tinubu enter.
Omo I have never seen set of cowards that claims they're smart. The kind of tax Nigeria will pay in the upcoming future eh. Apc keep using them name of Nigeria to borrow billions and we are here talking about messi and Ronaldo, issoryt.

stano2:
Subsidy removal was a huge scam, for politicians and cronies to enrich themselves, while the masses suffer the consequences.

We keep taking loans upon loans, seeking grants upon grants with nothing to show for it.
What’s going on, is there an international community or countries holding us at ransom? Because i don’t know what the federal government does with this that the masses benefit from.

Cooking gas is expensive
Petrol is expensive
No jobs
Poor Roads
Poor healthcare

Country is just on autopilot, politicians recouping x100 the amount the spent on election campaigns and rigging/bribing.

The country is full of blind minded people. What even pained be was that even obidients were supporting subsidy removal; the only true palliative for the people.
Tinubu and his Government, only wanted to use that money to cover expenses for their frivolous lifestyles.

ican2020:
What of money saved from subsidy removal

Reason I never supports subsidy removal cos it will only add more pains and suffering to the common people.

The money realized from the subsidy removal will be loots, more loan will be taken and be looted....

Subsidy staying will even benefits the masses than removal