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Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu (19778 Views)

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Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by abobote: 9:16am On Aug 01, 2023
While thousands of Nigerians are dying as a result
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Chetas81(m): 9:16am On Aug 01, 2023
FairlyUSEDpussy:
Bros Tinubu dey Oooo........

One trillion saved........but u left to borrow 500billion for palliative........
hhhhmmm this your questions hhhhmmm who can answer this question now
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by jikins(m): 9:17am On Aug 01, 2023
FairlyUSEDpussy:
Bros Tinubu dey Oooo........

One trillion saved........but u left to borrow 500billion for palliative........

Imagine the madness

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Confirm4real(m): 9:18am On Aug 01, 2023
I still dey ask my Mama why she allow my Papa pregnant her for dis Kontry



Any President wey enter go come up with useless policy until hin tenure go finish...

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Image123(m): 9:19am On Aug 01, 2023
Ofunaofu:
Saved

But where is the money?

It's simple logic. It's like if you used to transport yourself to work monthly for 50k and you got a place trekking distance from work. You've saved 50k that should have been transportation to work.
Or you used to spend 1million in 6months on accommodation, but you are currently staying free in a place courtesy of a friend. You've saved that 1 million that you usually sourced for accommodation. Now that Nigeria does not have to pay for subsidy, that debt is no more accumulating. Also, the gains made can be rechanneled to other things like health, education and infrastructure.

4 Likes 1 Share

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by darkmarky(m): 9:19am On Aug 01, 2023
Lmao..... Where is the money
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Rhozabeth(m): 9:19am On Aug 01, 2023
How?
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by shortgun(m): 9:20am On Aug 01, 2023
Clueless drug baron, you saved 1 trillion yet you borrowed 500b for consumption not even for infrastructure angry

1 Like 1 Share

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by galadima77(m): 9:20am On Aug 01, 2023
kingi777:
Use the savings to refurbish our moribund refineries or build modular refineries in each state. Establish many compressed natural gas stations or other alternative fuels across states, cities and towns. Encourage solar powered electricity supply to support stability of normal conventional electricity supply across the country for at least 12 hours daily during day time eg 6am to 6pm.
Why is the President not even talking of solving the root problem of subsidy which is building refineries? I guess all these gimmicks is to prepare ground for the private refinery in Lagos to monopolise refining and sales of petroleum products so as to recoup the huge money they invested.

I think shying away from solving root causes of the problem is delibrate.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Image123(m): 9:20am On Aug 01, 2023
abobote:
While thousands of Nigerians are dying as a result

Millions more will be saved, sorry about your thousands of dead friends.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Nobody: 9:20am On Aug 01, 2023
You saved the money to be stolen by you and your cohorts.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Xox1945(m): 9:21am On Aug 01, 2023
419 Pro Max go and fixed refineries thief
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Philipmoon2(m): 9:22am On Aug 01, 2023
From the poor mass abi, how much are we buying fuel and other things in the market, where did they got the money that was saved, it's from us the mass cos we are paying times two of what we have been paying before.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by emmanuelewumi(m): 9:23am On Aug 01, 2023
MrsTwrite:
Hmmm.... 1 trillion naira saved? Nigerians are not safe, na cabbage in cabbage out, anything dem tell us we believe. grin
Oga share the money joor sad Hunger full ground remain.









Happy new month y'all. Do well to check my signature.




Not much that is N5000 per Nigerian, N1 Trillion divided by 200 million Nigerians. We need to watch the growth of our population. Yet people are still giving birth to 3 children and above

2 Likes

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by pat077: 9:23am On Aug 01, 2023
How has that impacted on the masses?
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by emerged01(m): 9:24am On Aug 01, 2023
Allisgud:
stop saying what u don't know bcs u want to quote,FG borrowed $800m the money they wanted to give u 8k every month which they are planning to diverse into another means

https://www.nairaland.com/7786013/over-n1-trillion-saved-since
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Lucasinho(m): 9:25am On Aug 01, 2023
Triangles1:
Who 1 trillion help.

Egbo no go there o shocked
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Image123(m): 9:25am On Aug 01, 2023
shortgun:
Clueless drug baron, you saved 1 trillion yet you borrowed 500b for consumption not even for infrastructure angry

Don't let your literacy go to waste, you can read the president's address of yesterday. If you think that is all consumption, shame on your education and your teachers.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Chiefpriestt: 9:26am On Aug 01, 2023
FairlyUSEDpussy:
Bros Tinubu dey Oooo........

One trillion saved........but u left to borrow 500billion for palliative........
This your moniker funny ooo

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by shawante(m): 9:28am On Aug 01, 2023
kingi777:
Use the savings to refurbish our moribund refineries or build modular refineries in each state. Establish many compressed natural gas stations or other alternative fuels across states, cities and towns. Encourage solar powered electricity supply to support stability of normal conventional electricity supply across the country for at least 12 hours daily during day time eg 6am to 6pm.
Why is the President not even talking of solving the root problem of subsidy which is building refineries? I guess all these gimmicks is to prepare ground for the private refinery in Lagos to monopolise refining and sales of petroleum products so as to recoup the huge money they invested.
If you believe a single statement that comes out from apc government then I have a bridge to sell to you.

The only thing they are very good at is to heap up lies upon lies.

1 Like 1 Share

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by MrsTwrite(f): 9:28am On Aug 01, 2023
emmanuelewumi:




Not much that is N5000 per Nigerian, N1 Trillion divided by 200 million Nigerians. We need to watch the growth of our population. Yet people are still giving birth to 3 children and above


Perhaps they're thinking through thier anus, giving birth to so many children, infact they're the cause of why poverty prevails.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Joshmanfashion(m): 9:30am On Aug 01, 2023
Can you please indicate the benefit of the savings on poor Nigerian
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by jumper524(m): 9:30am On Aug 01, 2023
When Tinubu says we've saved 1trillion, Nigerians would open their calculators and start giving opinion on what to to with the funds.
1trilliion for a population of over 200million is 5k each which we call nothing.
This is the reason why Tinubu led FG is looking for avenues to generate income more than the masses demanding it to be spent so we can cover vast range of economic problems.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Rimsd(m): 9:31am On Aug 01, 2023
1 trillion saved 🤔 and you went to borrow 500 billion for palliative? Tinubu make it make sense to ordinary Nigeria like myself here now.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Image123(m): 9:33am On Aug 01, 2023
kingi777:
Use the savings to refurbish our moribund refineries or build modular refineries in each state. Establish many compressed natural gas stations or other alternative fuels across states, cities and towns. Encourage solar powered electricity supply to support stability of normal conventional electricity supply across the country for at least 12 hours daily during day time eg 6am to 6pm.
Why is the President not even talking of solving the root problem of subsidy which is building refineries? I guess all these gimmicks is to prepare ground for the private refinery in Lagos to monopolise refining and sales of petroleum products so as to recoup the huge money they invested.

How much and how long does it take to build refineries? Have you not noticed that refineries can't work in Nigeria because of subsidy?
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by blowjohn(m): 9:34am On Aug 01, 2023
My guy Tinubu.
We don't want family intervention programmes.

Repair our refineries with the money. Provide stable electricity.

But refineries first.


We don't want family intervention programs.
What am going thru alone, its only God that can save me

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by marvrick: 9:34am On Aug 01, 2023
adenigga:




Source: https://punchng.com/BREAKING-Over-N1tn-saved-since-subsidy-removal-says-Tinubu

What I'll advise you to do Mr President is to ensure that Nigerians really breathe. If not, may God punish you and everyone supporting you.
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by blowjohn(m): 9:36am On Aug 01, 2023
Image123:


How much and how long does it take to build refineries? Have you not noticed that refineries can't work in Nigeria because of subsidy?

The 800 million dollars plus all the monies repatriated frm abacha and the ones buhari borrowed cud have built us refineries
Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Nobody: 9:37am On Aug 01, 2023
Been wondering same thing o. This guys are really taking us for fools because of some tribal warriors among us. This guys can't mess with a united poor Nigerians.
FairlyUSEDpussy:
Bros Tinubu dey play Oooo........

One trillion saved........but u left it to borrow 500billion for palliative........

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Tohmey(m): 9:39am On Aug 01, 2023
CodeTemplar:
Printed or saved?

https://nairametrics.com/2020/03/29/covid-19-tinubu-asks-fg-to-print-more-naira-notes-outlines-economic-measures/

https://punchng.com/coronavirus-print-more-naira-notes-tinubu-tells-fg/

I doubt it being saved, printed things. . .

1 Like

Re: Over N1 Trillion Saved Since Subsidy Removal, Says Tinubu by Dyfynezz12(m): 9:39am On Aug 01, 2023
He is saving 1trillinon for him and his friends to loot.

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