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FG To Spend ₦900 Billion On Fuel Subsidy In 2022 - Politics - Nairaland

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FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Doraty1(f): 7:15pm On Jul 01, 2021
The Federal Government has projected to spend N900 billion on subsidy payout to oil marketers in 2022.

Minister of Finance Budget and National Planning made this disclosure on Thursday at presentation of the Medium Term Expenditure Framework/Fiscal Strategy Paper for 2022-2024 in Abuja.

She also disclosed the Federal Government will spend N13.98trillion in the 2022 fiscal year.

In 2022, the government said it will slash capital expenditure to N3.61trillion in 2022, from the N4.37trillion approved for 2021.

https://thenationonlineng.net/breaking-fg-to-spend-n900bn-on-subsidy-in-2022/

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Angelparadise: 7:16pm On Jul 01, 2021
They must provide us with full functional refinery before stopping subsidies because that was the promised Buhari APC government promise Nigerians before been voted. If they can't they must return Nigerian economy how they met it before 2015 general elections period!

34 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Angelparadise: 7:20pm On Jul 01, 2021
OK
Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Paperwhite(m): 7:21pm On Jul 01, 2021

https://www.youtube.com/watch?v=uAriq3_2zaM&ab_channel=AriseNaija
Same Buhari who calls oil subsidy a monumental fraud in 2015 is the same man whose government today is massively paying the same subsidy or their equally fraudulent subsidy under-recovery in 2021?

Oil subsidies is now at it's highest ever even when global oil price is slashing while the DPR does not know the average daily fuel consumption in Nigeria today. NNPC is recording humongous losses in all the moribund refineries.

Yet one scammer masquerding as Mr.Integrity is still posing as the minister of petroleum? The Buhari govt is simply the worst political fraud ever packaged and sold to this nation.

69 Likes 2 Shares

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Paperwhite(m): 7:22pm On Jul 01, 2021
Angelparadise:
They must provide us with full functional refinery before stopping subsidies because that was the promised Buhari APC government promise Nigerians before been voted. If they came the must return Nigerians an it economy how they met us before 2015 elections period!
You are expecting people that dont have integrity to fulfill promises? People with zero shame being tolerated by gullible masses? SMH!

29 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Monogamy: 7:24pm On Jul 01, 2021
What's subsidy or perhaps what's subsidized?

Pdp, you see una lives outside.

undecided

3 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Paperwhite(m): 7:37pm On Jul 01, 2021
[s]
Monogamy:
What's subsidy or perhaps what's subsidized? PDP you see una lives outside.
[/s]Seems you have comprehension problem.Did you see those who are ripping off the country via the same fraud they denied and condemned in the time past?

Their illogical action then because of desperation for political power really stagnated the development of this nation because Nigeria would have long over-come the challenges of the subsidy issue and perhaps advanced in development by now.

8 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by miteolu(m): 7:38pm On Jul 01, 2021
Count down to 2023

1 Like

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by gasparpisciotta: 7:39pm On Jul 01, 2021
Government not different from fraudsters

6 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by gambia(m): 7:54pm On Jul 01, 2021
The most useless government ever.

12 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by slawormiir: 9:13pm On Jul 01, 2021
Damnnn niggar
Pussy ass government

8 Likes 2 Shares

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Ceenachi: 9:14pm On Jul 01, 2021
Subsidy you criticised former administration about, subsidy you've removed, because it was then the price of fuel jack up, does it automatically returned itself?
A life without fear of God or fear the day of death is useless life, and cannot but regret it when the time comes.
Shameless human at elm of affairs in this nation.

7 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by brosom(m): 9:14pm On Jul 01, 2021
Abeg Mr Op take ur time o

Dey mind the kind update u go dey feed us here o.

Which one be 900B again Kwanu?

We go run for Buhari?

2 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by EjaikreTheViper(f): 9:14pm On Jul 01, 2021
Still same subsidy some bunch of foolish goats were protesting against during the tenure of Goodluck Jonathan? They were led by one stupid brown teeth bullion van baba in Lagos

3 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by ChizzyBuna(m): 9:14pm On Jul 01, 2021
When I look at some politican children living abroad, I noticed most of them have some deep messed up issue.
Mental illness, reckless life style.

I feel bad karma and curses thst follow politican really affect their children.
The difference is the public will not know about what these politican kids are facing. Only few ones like us that are close to them see the horrors dey go tru
Karma really works

11 Likes 1 Share

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by GIANTPLUSHUB: 9:14pm On Jul 01, 2021
Mheen!
Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by GeneralPula: 9:14pm On Jul 01, 2021
But where do Government usually keep money self?

Is it central bank or where?
Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by FalseProphet1(m): 9:15pm On Jul 01, 2021
Since the beginning of creation up to this very day, there have never been any government in the history of mankind as dishonest, criminally minded, heartless, nonchalant...etc, as this administration.

This I have seen.

12 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Olarewaju89: 9:15pm On Jul 01, 2021
Na to loot all the money undecided


Our elders said, "nothing has
disadvantages without advantage" undecided
Eh sir/ma ... What is the advantage of poverty?

5 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by InaNla(f): 9:15pm On Jul 01, 2021
buhari is a big thief

5 Likes 1 Share

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by 1Alex: 9:15pm On Jul 01, 2021
Throwback. Subsidy is fraud.


https://www.youtube.com/watch?v=YmG_dYY7YRA
Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Spending123: 9:16pm On Jul 01, 2021
National pledge: I curse Nigerians that looted my country.
For they are not faithful, loyal and honest.
They bankrupt Nigeria with all their strength.
They destroyed our unity.
As to uphold their honour and glory.
So finish them God.

8 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by ohosi4real(m): 9:16pm On Jul 01, 2021
If dey like let them spend all Nigeria money. Is not my business. My own now make my visa just come out and live this Fulani country

2 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by InaNla(f): 9:16pm On Jul 01, 2021
Angelparadise:
They must provide us with full functional refinery before stopping subsidies because that was the promised Buhari APC government promise Nigerians before been voted. If they came the must return Nigerians an it economy how they met us before 2015 elections period!


Buhari and APC promised 4 new refineries. All promises cancelled.

1 Like

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Igyeseh06(m): 9:16pm On Jul 01, 2021
Another opportunity to loot that which hasn't been loot.

Na waoh.

2 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by NwaNimo1(m): 9:16pm On Jul 01, 2021

1 Like

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by wpadmin: 9:16pm On Jul 01, 2021
Na so
Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Theunbothered: 9:16pm On Jul 01, 2021
Paperwhite:

https://www.youtube.com/watch?v=uAriq3_2zaM&ab_channel=AriseNaija
Same Buhari who calls oil subsidy a monumental fraud in 2015 is the same man whose government today is massively paying the same subsidy or their equally fraudulent subsidy under-recovery in 2021?

Oil subsidies is now at it's highest ever even when global oil price is slashing while the DPR does not know the average daily fuel consumption in Nigeria today.NNPC is recording humongous losses in all the moribund refineries.

Yet one scammer masquerding as Mr.Integrity is still posing as the minister of petroleum? The Buhari govt is simply the worst political fraud ever packaged and sold to this nation.
Biggest fraudster the country has ever known

2 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by hakym619(m): 9:16pm On Jul 01, 2021
God bless jonathan / Yar'adua

4 Likes

Re: FG To Spend ₦900 Billion On Fuel Subsidy In 2022 by Caboceer: 9:16pm On Jul 01, 2021

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