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FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians (23757 Views)

Signature Bank Begins Operations In Nigeria,target Over 40M Nigerians / Subsidy Removal: No Provision For N5000 Transport Grant In 2022 Budget – Senate / Buhari Speaks On Saying ‘40m Nigerians Are Mad’ (2) (3) (4)

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Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by COMPAQ(m): 3:49pm On Nov 23, 2021
treesun:


Another misplaced priority. N5K to 40m out of 200m. Please what can N5k do in this our economy? Less than 30 litres of petrol!

Its not for those who have cars, but more for those who take public transport.

If you have a car, no matter how cheap, you should have considered petrol at N300+, cos its obvious we are headed in that direction.

Besides, working from home during covid has proven that a lot of work can be done over the internet, on your computer and on your phone.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by treesun: 3:52pm On Nov 23, 2021
COMPAQ:


Its not for those who have cars, but more for those who take public transport.

If you have a car, no matter how cheap, you should have considered petrol at N300+, cos its obvious we are headed in that direction.

Besides, working from home during covid has proven that a lot of work can be done over the internet, on your computer and on your phone.

You can hear yourself loudly!
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by SIRKAY98(m): 3:52pm On Nov 23, 2021
I think where we are missing it is 5000 to be shared amount poorest Nigerians, i think that statement is not welcome by me. why not share it amoung all Nigerians both rich and poor.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by walata22: 3:55pm On Nov 23, 2021
why not use that money to fund a nation wide comprehensive health care insurance/system?




etokhana:

https://www.thecable.ng/breaking-fg-will-replace-fuel-subsidy-with-n5000-transport-grant-for-poorest-nigerians
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by aryzgreat: 4:06pm On Nov 23, 2021
Another tradermoni (election bribe) in preparation for 2023. 5000 kee una there.

Wetin 5k go fit buy with this hyper inflation economy.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Nobody: 4:06pm On Nov 23, 2021
Believe this thieving politicians at your own peril.5000X4m people can build 4 refineries.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by West2019(m): 4:08pm On Nov 23, 2021
what about water subsidy
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by tjcare4u2005(m): 4:16pm On Nov 23, 2021
Abeg make una remove this fuel subsidy of a thing jawe. Fuel subsidy na big scam
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Awise09(m): 4:32pm On Nov 23, 2021
BigSarah:
Remove subsidy and provide transportation money for just two days of work?

Buhari and Osinbajo 3rd term

Insha Allah
I pity you with your poverty mentality
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Sttk: 4:40pm On Nov 23, 2021
Nonsense
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Olamideayomide(m): 4:47pm On Nov 23, 2021
Another scam loading from this useless government ..........
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by egopersonified(f): 4:52pm On Nov 23, 2021
If not for corruption, every country in the world subsidizes some sectors of their economy. Even almighty US wey Nigerians dey see as heaven on earth subsidizes their farm produce.

That said, 2021 inflation will be child's play compared to 2022.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by maldino: 5:01pm On Nov 23, 2021
Another Scam Loading.... You are using paper work to determine the POOREST NGERIAN...
N500 transport everyday multiply by 28days in a month is N14000...
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Nobody: 5:02pm On Nov 23, 2021
inoki247:
lol this people jus think laik Cow or Laik Mosquitoes....


if you give 40m people 5k each now how many years e go last dem....


Since our leaders no get sense make me too think laik dem....


Abeg who get house for Lekki wey he wan sell nd Lamborghini cos I'm expecting something hoooge soon from the Federal government....
Bro.. Lol
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Naijanascam: 5:13pm On Nov 23, 2021
Nonsense and backward thinking.....why not use the same money to build a modern refinery with high high refining capacity.... instead of being a yeye father Christmas

1 Like

Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by blaise26abj(m): 5:14pm On Nov 23, 2021
Has anyone done the maths ? 5000 times 40 million is 200 billion per month. Multiply that by 12 months - that’s 2.4 trillion yearly . At 480 naira to dollars , that’s 5 billion dollars . Lmao . These guys dey whine us . This is their new and improved trader money for 2023 . The desperate poor will vote them in again .
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by ogatboy(m): 5:21pm On Nov 23, 2021
backbencher:


Okay

Niger pays N370 per liter of fuel, Chad pays 371 per liter of fuel, and they are poorer than us, and are 'oil producers'.

Liberia pays N375 per liter of fuel, Sierra Leone N371 per liter...and they are poorer than us too...and have poorer purchasing power.

Gabon pays N433 per liter, are at our level, and are an oil producer.




You still cannot make that comparison. What is the purchasing power of their currency?
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Youngqueen(f): 5:22pm On Nov 23, 2021
Where is the sense in this. The government with absurd reasoning. What exactly are special advisers doing? Tueh!
etokhana:

https://www.thecable.ng/breaking-fg-will-replace-fuel-subsidy-with-n5000-transport-grant-for-poorest-nigerians
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by atiku07(m): 5:24pm On Nov 23, 2021
etokhana:

https://www.thecable.ng/breaking-fg-will-replace-fuel-subsidy-with-n5000-transport-grant-for-poorest-nigerians

omo ma royin! ma ri wi! walahi BUHARI is a fool chai! imagine money that can not be sustained so why remove subsidy in the first place ? haba !
well since we borrowed from IMF i knew we are in for a shocker walahi as it stands APC should just go abeg !
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Doctortyre: 5:31pm On Nov 23, 2021
This people sabi comedy role I swear
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by rickyrex(m): 5:36pm On Nov 23, 2021
Another looting begins
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Skooldeto(m): 5:45pm On Nov 23, 2021
sebi no be work of government to build refinery
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Chuksaluta(m): 6:23pm On Nov 23, 2021
200bn to be shared in cash monthly to 40m Beneficiary. Then you pay another 100,000 people to share the cash. Why not use electronic means that is trackable, paying cash encourages corruption.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by richmanrichard: 6:25pm On Nov 23, 2021
Cantonese:
Chai APC.

They bewitched and confused the citizens in 2014. They made us believe that removing subsidy would create more poverty and problems. They were given power by the people and they have institutionalized poverty.

Now they have taken several loans, VAT increased, cost of goods and services over the roof and in the extreme hardship inflicted on the people, they have chosen to remove that same subsidy.

Who would they term as “poor” when distributing the miserly N5,000? And by the way when fuel cost increases and transportation price is jerked up beyond the power of the people, how can N5,000 carry the so called poor for one month?

In building rail lines, rather than spread them across the country, they extend the lm to Niger republic, helping that country build their own rail lines.

Nigerians with this story have been put on notice that next year will herald the “next level” of extreme hardship and poverty going by their promise of next level in 2015.
na only u n the zombies they bewitch
.goodmorning
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Dunga2345: 6:29pm On Nov 23, 2021
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by shegsrules(m): 6:31pm On Nov 23, 2021
baralatie:

Na 162 plus the difference of 68 naira to give 250 be the new price o
Government just lack priorities, bad as e be make dey continue the subsidy. see as gas cost government are talking about buying and sharing 20million cylinders. Make dem use the money for the cylinders subsidize am.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Nobody: 6:33pm On Nov 23, 2021
ogatboy:


You still cannot make that comparison. What is the purchasing power of their currency?

Lower than ours.

They are also poorer than we are.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by baralatie(m): 6:45pm On Nov 23, 2021
drlateef:




The plan of government is how they think in developed society . Those interventions can be tinkered with to make maximum impact on the people.
Bros abeg is Nigeria a developed society/country

E get why?

Imagine this
#5000 * 40000000=#200,000,000,000


Nnpc released an official statement it spends #150 billion on subsidies


Now the fg removes subsidy of #150 billion per month at which petrol.sells.@#250

And now spends #200 billion per month to pay people it cannot verify #5000 for transport.


Oga do you think the presidency has economic plan
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by nnamdi640: 7:12pm On Nov 23, 2021
Another hardship loading. Zombies haven't seen nothing. By the time this government finish with us, Zombies and Mumuric will get sense
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Sattie: 7:31pm On Nov 23, 2021
Thieves

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