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Removing Subsidy Is Not The Solution - Business - Nairaland

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Removing Subsidy Is Not The Solution by QuinModah(f): 7:51pm On Feb 08, 2022
That is not the solution. Removing subsidy is not the solution, I will explain...
1. If we remove subsidy, the proceeds from subsidy removal will end up in the pockets of the few... Politicians, the masses will bear the burnt and cost of living will sky rocket with no corresponding increase in income.
2. No serious country prepares a budget and nearly 75 percent of that budget is on payment of salaries... It will not work, infact let the masses even be contributing for the subsidy, it will not still work.
3. Let us even look at the amount be paid for the subsidy, is that amount not over bloated, what is stopping govt from looking into that and bring the culprits to book.

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Re: Removing Subsidy Is Not The Solution by mediainc: 10:58am On Feb 17, 2022
True talk.

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