What will the money be used for?

Racoon:
https://thenationonlineng.net/subsidy-removal-fg-records-over-n1trn-monthly-revenue-inflow-minister/

improved revenue generation at the expense of the masses without meaningful development, masses are being impoverished, you're shouting cash flow, useless leaders, they're not even leaders, they're ruiners.

So that is the money they have been using to buy SUV cars of 160 million naira for themselves... nawaoooo 🙄

To whom much is goven, much is expected o!

Only on paper

At what value?

Were is the money

Same rhetorics, same borrowing economy, same extravagances and same economic downturn!!!
Just the same story...

There is a reduction in the subsidy.

It is falsehood saying there is no subsidy

Angelfrost:
Yeah.... Well done.

So, how many Billions of Dollars are you guys borrowing next?!!! And from which country?!!

Loooooooooooooooooooooooool, funny... Let Wale Edun catch you

TemplarLandry:
Great!
The money will be put to good use.
#RenewedHope✌

I dedicate “Cash Flow” by Ace Hood feat. Rick Ross & T-Pain to this news.
Great jam!

Your head is full of excreta if you think that the money we be put to good use.Anyways, you are a senior mummified Ebola miscreant.

Mynd44:
State governors are happy 😄 AF

Oga shut up, are the people happy? You people see everything as politics....

This economics reminds us of Cooperative Society...

Persin borrow ₦10m come call am inflow whereas him go still pay that ₦10m plus Interest... dat one Na inflow?

Where is the money? What is happening to minimum wage

BreconHills:


Maybe I should have used " a lot" instead of "most" but certainly states are taking home far more than they did last year even adjusted for inflation.

The point being that the Nigerian citizen should stop giving governors a free pass.

That's the problem with impulsive need to defend politicians. You just spew whatever narrative you think will justify your claim without stopping for a moment to think if it is factual or not. You then spend the rest of your time defending what is obviously a false narrative.
You don't even need to check inflation. Just check exchange rate and compare last year figures and now. If you now add the runway inflation of 30%, it makes your claim more terribly bad.
But if the states are taking far more than they used to, is the federal getting less? 52% for a single entity compared to 48% for 36+774 entities. C'mon...

Nobody gives governors free pass. It's your need to defend a part that makes you engage in whataboutism

Is it about what government makes which most times are embezzled by government officials in whatever guise OR about the vast majority of people/Nigerians who are suffering because of the removal

TemplarLandry:
Great!
The money will be put to good use.
#RenewedHope✌

I dedicate “Cash Flow” by Ace Hood feat. Rick Ross & T-Pain to this news.
Great jam!

Z O M B I E
Go and find work to do
Omo irankiran

Where is the money going to? Yet they keep borrowing ,yet Nigerians are suffering

Lolz build project

The issue is how the revenue is utilized? To buy 400m bullet proof lancruiser for a political office holder, to blow 900m on refreshments in 3 months, to buy rechargeable fans at 2b?
Rather let us see naira appreciate against the dollar, petrol and diesel price come down, improved education, food cost etc jare, if not, all story.

FG saves money while Nigerians roast. That is wickedness of the highest order.

Racoon:
https://thenationonlineng.net/subsidy-removal-fg-records-over-n1trn-monthly-revenue-inflow-minister/

Where is the money and what is it been expended on? We need list of infrastructure that the income from the subsidy removal is been spend on, and not claim that it’s been used on palliatives. Since it is claimed that the reason for subsidy removal is for infrastructural development, then provide a list of what is been funded from this savings.

Hope the 1 trillion naira has been adjusted cos saving 500million naira when dollars was 550 and 1 billion savings when dollar is 1k is the same thing

With dis conditions d country is doing us

Clap... Clap... Clap!

The money will be used to service the drug Baron and the political thieves in power.

Show us the money

Blaze14k:
So what is the essence of going to borrow 7billiin dollars

The revenue is in naira…what will defend that 1 trillion naira note??

Pls keep your figures sir

Saw this man in Abuja the other time, wasn’t impressed with what I saw, I saw an elderly man been led around by young men, telling him what to do and which direction to head to. I just shake my head☹️