Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,436 members, 7,861,213 topics. Date: Saturday, 15 June 2024 at 07:19 AM

United Staes, European Union and Others Enjoy Subsidy Also - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / United Staes, European Union and Others Enjoy Subsidy Also (581 Views)

President Buhari Hails Jonathan As He Addressed The European Union Parliament / OEAS Petitions European Union On Biafra Independence / Western Union And National ID Card (2) (3) (4)

(1) (Reply)

United Staes, European Union and Others Enjoy Subsidy Also by NumberOne2(m): 11:40pm On Jan 12, 2012
I laugh when I see folks living outside Nigeria saying we should accept the PMS subsidy removal. I bet a lot on Nigerians in foreign lands didn't know this. Your Government subsidizes your food. Without it, you could feed. The only subsidy Nigeria gets is from refined products. See for yourself

http://en.wikipedia.org/wiki/Agricultural_subsidy

Highlights:
The United States currently pays around $20 billion per year to farmers in direct subsidies as "farm income stabilization

In 2010, the EU spent €57 billion on agricultural development, of which €39 billion was spent on direct subsidies

The impact of agricultural subsidies in developed countries upon developing-country farmers and international development is well documented. Agricultural subsidies depress world prices and mean that unsubsidised developing-country farmers cannot compete;

(1) (Reply)

Nigerian Working Classes Now Waking Up At Last ! / Oil Subsidy Removal: Is This The End Of Our Problems? / Nigerian Excretes 86 Wraps Of Heroin In Us

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 5
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.