FG borrowed 500bn for palliatives and gave 5bn to each state plus the FCT. Now, 5 x 36(+1) = 185. Therefore, 500 - 185 = 315.

In other words where is the remaining 315bn from the loan, was it used to purchase the bags of rice distributed to the 36 states to cushion the effect of fuel subsidy removal?

Now, my other questions are how is the distribution of 5 trucks of rice (rice oo) to states, mind you some states have tens of millions of residents, help in remedying the high price of PMS, (2) if they really mean well, why can’t they use this monies to build refineries and industries to create employment and end the importation of PMS (3) why didn’t they use the CBN to disburse the monies to every Nigerian using BVN? And who is deceiving who?

Lol

Story for the gods. Baba want calm tension

They told us #1T have been saved from subsidy removal.
Why then would they borrow #500B for palliative?

The only explanation is that the money was borrowed to go the same way other loans have gone.

Na me wan deceive dem oo.
Come beat me

Hmmm

Unserious government

We have requested that this money should be used to revive our ailing refineries. The governors will simply loot this N5b and the people will continue to get poorer

Tinubu till 2054.

If a meaningful amount of money is being distributed amongst the citizens, it will most likely better the lives of the citizens but most politicians don't want this.

No one is asking that why is the minimum wage not being increased to a very good amount, why are they not creating a vibrant economy that would serve as a profitable playground to investors and citizens, why are oil producing areas still in real Poverty.

'There is real problem in this nation'

Helinues, how much are you buying petrol and diesel, hope you have not pack your Generator to one side.

you go analyse and explain tire. lol. You wan help government analyse how money is spent?

[size=8pt][/size]lol

Palliatives; a useless,senseless, impactless and directionless economic policy of a capitalist government filled with zero sense.

Nigeria is such that the more you look, the less you see. Yet, we have people defending the rubbish that's going on in the country. It's well.

We gats give ecowas states inside na.. SMH..
What a country.. May nigeria never happen to our children

School is on vacation, I cant answer the question

E no go reach sef ... Governors go just hold the money.. store the rice for warehouse...later na to begin sell.... Naija, who do us like this?

Hmmm

Rubbish Nation. Ruled by heartless folks cheered and endorsed by educated illiterates, borne outta tribal & religious sentiment.

Vagabonds In Power




Wittyness

They deceived us during elections
What do you think will continue

Amazing stuff

Whoer!

We signed up for this insincererity, so we must enjoy it. Not this government has the feeling for the people.

gard9ner:
FG borrowed 500bn for palliatives and gave 5bn to each state plus the FCT. Now, 5 x 36(+1) = 185. Therefore, 500 - 185 = 315.

In other words where is the remaining 315bn from the loan, was it used to purchase the bags of rice distributed to the 36 states to cushion the effect of fuel subsidy removal?

Now, my other questions are how is the distribution of 5 trucks of rice (rice oo) to states, mind you some states have tens of millions of residents, help in remedying the high price of PMS, (2) if they really mean well, why can’t they use this monies to build refineries and industries to create employment and end the importation of PMS (3) why didn’t they use the CBN to disburse the monies to every Nigerian using BVN? And who is deceiving who?

Honestly this country is just useless in everything.

Our NIN and BVN is of no use in Nigeria and the question we are supposed to be asking is; Why then did the government compell us to register on both platform?

You should watch the last presidential address if you haven't already. How the 500b will be spent was outlined by the president.