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Fuel Subsidy Gulps N1.5 Trillion - Politics - Nairaland

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Electricity Subsidy Gulps N376 Billion, Consumers Pay N783 Billion / NNPC Declares Zero FAAC Remittance For 8th Time As Subsidy Gulps ₦2.6 Trillion / School Feeding Programme Gulps N500m During Lockdown – Minister, Sadiya Farouq (2) (3) (4)

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Fuel Subsidy Gulps N1.5 Trillion by Omooba77: 7:49am On Dec 09, 2019
Surpasses health, education, agric budgets Overshoots by N78bn in 2019 The current administration spent N1.477 trillion ($4bn dollars) on subsidy on Premium Motor Spirit (PMS) also known as petrol between May 2015 when the government was inaugurated and July 2019, Daily Trust reports. The government has earmarked another N450 billion as fuel subsidy in 2020,…

Read more: https://www.dailytrust.com.ng/fuel-subsidy-gulps-n1-5-trillion.html

2 Likes 2 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by Omooba77: 7:56am On Dec 09, 2019
lalasticlala #1.5 trillion on subsidy... Ahaaaaaaa
Re: Fuel Subsidy Gulps N1.5 Trillion by aolawale025: 7:57am On Dec 09, 2019
In the long run, this is unsustainable

2 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by Omooba77: 8:02am On Dec 09, 2019
aolawale025:
In the long run, this is unsustainable

Nothing is subsidy according to this government.................Our senses are upside down..........

38 Likes 3 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by eTECTIV: 8:40am On Dec 09, 2019
It's jus a matter of tym before d useless govt removes d subsidy it claims to have removed before again and den Jack up fuel prices. Dis govt is jus like d devil, give u with one hand (minimum wage) and collect it back in multiple folds with d other hand (taxes and fuel increase)

30 Likes 3 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by Racoon(m): 8:40am On Dec 09, 2019
"What is fuel subsidy? Who is subsidizing what? Fuel subsidy is a fraud." - President Buhari.
Guess fuel subsidy is still a fraud sir? So who are you still paying it to and for what reason? Can the NASS begin immediate impeachment proceedings against the president while the EFCC commences investigation & prosecution?

Nigeria behold the biggest fraud & scam ever visited on thee & thy inhabitants.Next level looting in frenzy mode.

39 Likes 2 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by ralmix(m): 8:40am On Dec 09, 2019
The way our government is driving us in this country makes me wonder if amadi o ah use to filter location to perform

6 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by Temptee101(m): 8:40am On Dec 09, 2019
shocked

The dullard's next level agenda is to remove fuel subsidy.

Brace up guys, the real next level is starting in 2020. Won't be surprised if subsidy removal becomes New year gift to Nigerians

But wait, I thought bubu claimed there was nothing like subsidy and that it was PDP tactics of looting money in 2015, that it had been partially removed and the money saved would be used to build new refineries and refurbish old ones

Where are the new refineries?
Where are the refurbished old ones?
Where are the billions saved so far from it?

Buhari is just a disaster. Welcome to the next level

23 Likes 5 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by Ayoswit(f): 8:40am On Dec 09, 2019
Hmmm
Re: Fuel Subsidy Gulps N1.5 Trillion by Nbote(m): 8:40am On Dec 09, 2019
APC in 2012 "Subsidy is a scam and there's nothing like subsidy"

APC in 2019 spends trillions on subsidy payments... So who is now clearly d scam?

And yet their supporters think dey have sense.. Jus notice how not even one single one of dem commented on dis thread.. Even d hopeless Mai Suya and Omenka dat is always quick to cry to mods to ban others have somehow all avoided dis thread like it was a plague

32 Likes 2 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by DGeneral123(m): 8:40am On Dec 09, 2019
Nigeria my Country


Meanwhile, Lets Refill your Printer Toner Cartridge Today and Save Cost. Check my Signature for contact.
Re: Fuel Subsidy Gulps N1.5 Trillion by ednut1(m): 8:41am On Dec 09, 2019
If they stop the subsidy we go still wail
Re: Fuel Subsidy Gulps N1.5 Trillion by jericco1(m): 8:41am On Dec 09, 2019
I thought it was removed angry

2 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by jasmine1600: 8:41am On Dec 09, 2019
Can any positive news come out of this government.
Next level of backwardness.

1 Like

Re: Fuel Subsidy Gulps N1.5 Trillion by RevT1: 8:42am On Dec 09, 2019
I thought one former head of state and dictator said there is nothing like subsidy?
Abi Na whining ne? undecided

5 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by Kestolove(m): 8:42am On Dec 09, 2019
Buhari is a scammer

15 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by Omooba77: 8:42am On Dec 09, 2019
Yet I have not bought full tank for the past 4 years, unless I am travelling, maximum is 5k

2 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by eleojo23: 8:42am On Dec 09, 2019
"There is nothing like Subsidy" Buhari 2015

Now this...

The lies that this govt tell eh, Kai...!
I have never seen a govt that has insulted the intelligence of Nigerians this much.

3 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by emeijeh(m): 8:42am On Dec 09, 2019
APC!!! Change Chains
APC!!! Next Level Devil

Watch how BMC will avoid this thread like

30 Likes 1 Share

Re: Fuel Subsidy Gulps N1.5 Trillion by Emman93(m): 8:43am On Dec 09, 2019
There's nothing like subsidy,Said by the buhari.

3 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by ednut1(m): 8:43am On Dec 09, 2019
Omooba77:


Nothing is subsidy according to this government.................Our senses are upside down..........
its just like a single guy giving marital advice. He con marry see say e get as he be. From outside buhari say na scam but when he enter eye clear

7 Likes 2 Shares

Re: Fuel Subsidy Gulps N1.5 Trillion by expert234: 8:43am On Dec 09, 2019
Didn't buhari say fuel subsidy is scam?
Re: Fuel Subsidy Gulps N1.5 Trillion by seniormallam(m): 8:43am On Dec 09, 2019
But they said subsidy is a scam na........
Re: Fuel Subsidy Gulps N1.5 Trillion by iornenge81(m): 8:44am On Dec 09, 2019
Same people who said subsidy was a scam.....

1 Like

Re: Fuel Subsidy Gulps N1.5 Trillion by jasmine1600: 8:44am On Dec 09, 2019
jericco1:
I thought it was removed angry

1 Like

Re: Fuel Subsidy Gulps N1.5 Trillion by Racoon(m): 8:44am On Dec 09, 2019
Always making silly excuses for a well known failure.Who does know Buhari's penchant for giving excuses & blaming all except himself for all his cluelessness & incompetency?

For your info, Buhari was gunning to be president for 12years without fully knowing the dynamics of how the Nigerian economy works esp.that which is oil-dependent? Abeg swerve!

1 Like

Re: Fuel Subsidy Gulps N1.5 Trillion by fm7070: 8:44am On Dec 09, 2019
They told us that there was nothing like subsidy. They should keep dealing with it.
Another plan to increase pump price
Re: Fuel Subsidy Gulps N1.5 Trillion by DonFreshmoney(m): 8:45am On Dec 09, 2019
1.5trillion that can build 36 modern hospitals in each state of Nigeria... hmm

2 Likes

Re: Fuel Subsidy Gulps N1.5 Trillion by IMASTEX: 8:45am On Dec 09, 2019
From there is nothing like subsidy to the highest paid subsidy. The country is a joke

1 Like

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