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FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians - Politics (7) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians (23797 Views)

Signature Bank Begins Operations In Nigeria,target Over 40M Nigerians / Subsidy Removal: No Provision For N5000 Transport Grant In 2022 Budget – Senate / Buhari Speaks On Saying ‘40m Nigerians Are Mad’ (2) (3) (4)

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Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Ofunaofu: 7:58pm On Nov 23, 2021
To me, I think it is cheaper to subsidies fuel than share 5k to 40 million people
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by AwardWinningCV: 8:04pm On Nov 23, 2021
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Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by jarvis4: 9:18pm On Nov 23, 2021
OkuFaba:
they provided a suitable economic environment, free from corruption that's why the citizens can live with it. Do you think our leaders can give us such suitable environment??

We all know their motive is always evil and selfish
No mind that guy
The borders way dem don close since how market now
E dey even de bring USA and China into the description
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by litaninja(m): 9:56pm On Nov 23, 2021
Lmao. This guy go sink nigeria totally.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by drlateef: 10:03pm On Nov 23, 2021
baralatie:

Bros abeg is Nigeria a developed society/country

E get why?

Imagine this
#5000 * 40000000=#200,000,000,000


Nnpc released an official statement it spends #150 billion on subsidies


Now the fg removes subsidy of #150 billion per month at which petrol.sells.@#250

And now spends #200 billion per month to pay people it cannot verify #5000 for transport.


Oga do you think the presidency has economic plan


It’s 20 billion, not 200billion.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by ambale(m): 10:47pm On Nov 23, 2021
This government keeps amazing us daily

Who are the poorest of the poor?

And even if we look at the poor people in most villages, they do not really use fuel like those in the cities

This is just another route to siphon as much as they can before 2023 comes.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Blackdisciple(m): 10:49pm On Nov 23, 2021
Who else if not the disbursement madam ..!
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by GABRIEL6036: 10:58pm On Nov 23, 2021
Make I no talk wetin dey my mind abi o...l..o.r..I..b...u..r..u..k..u.. Ni awon mad fellas yi ni
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Oghighirhighi: 11:00pm On Nov 23, 2021
It is up to the real owners of the oil do something now or remain damned for ever.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by piagetskinner(m): 3:15am On Nov 24, 2021
Who is the reunion Gambia that keeps advising govt on economic matters?


I want to give him upper cut
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by goodLord3dg2: 6:00am On Nov 24, 2021
Is it true that some groups of people are planning to share money for fuel subsidy that everyone previously enjoys?
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by baralatie(m): 8:36am On Nov 24, 2021
drlateef:



It’s 20 billion, not 200billion.
No !
It is (5 *10³ )*(40*10⁶)

=(5*40) *(10³*10⁶)

= 200*10⁹

=200 billion naira
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Ssoil(f): 4:20pm On Nov 24, 2021
TheTourist:
Thunder Fire all of them including IMF WORLD BANK AND FG �
The 5k grant is a good idea if you ask me, to support the less fortunate
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by TheTourist: 4:27pm On Nov 24, 2021
Ssoil:

The 5k grant is a good idea if you ask me, to support the less fortunate

How long will 5k last and how long is 200M for 40m people monthly going to be sustainable for? Why not use that money to set up industries to employ people to earn more than the 5k. Let's try to see beyond our nose. Not all that glitters is Gold
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by Ssoil(f): 5:22pm On Nov 24, 2021
TheTourist:


How long will 5k last and how long is 200M for 40m people monthly going to be sustainable for? Why not use that money to set up industries to employ people to earn more than the 5k. Let's try to see beyond our nose. Not all that glitters is Gold

The government that cannot even provide the basic needs of the citizen na them wan set up industry for the people? you should know your country. Let them go on with this their 5k plan fess because they hardly fulfill any promise.
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by TheTourist: 6:21pm On Nov 24, 2021
Ssoil:


The government that cannot even provide the basic needs of the citizen na them wan set up industry for the people? you should know your country. Let them go on with this their 5k plan fess because they hardly fulfill any promise.

Okay now, enjoy the 5k plan when it comes around maybe by then your name will become Fatima because then you'll realise that they're only talking about their Northern brothers and sisters in "the plan". See we shall
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by baralatie(m): 7:00pm On Nov 24, 2021
Ssoil:

The 5k grant is a good idea if you ask me, to support the less fortunate
The fg spends #150 billion on subsidy

It removes subsidy and now spends

#200.billion on unverifiable.40.million.out of 200 million of its population.
Its population that has an unemployment rate of 14% and inflation of 16% and states who cannot pay #30000 minimum wage.
Meanwhile the effect of the price of petrol will be ±#300. Has not been factored o
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by baralatie(m): 7:04pm On Nov 24, 2021
TheTourist:


Okay now, enjoy the 5k plan when it comes around maybe by then your name will become Fatima because then you'll realise that they're only talking about their Northern brothers and sisters in "the plan". See we shall
The problem is that na which mouth them wan take announce ±#300 per litre first?
Re: FG Will Replace Fuel Subsidy With ₦5,000 Transport Grant For 40m Nigerians by orisa37: 7:43pm On Nov 24, 2021
CREATE JOBS FOR PEOPLE. DON'T DASH MONEY OUT. IT'S UNECONOMIC TO DASH MONEY OUT WITHOUT CONSIDERATION AND TO PAY SUBSIDIES FOOLISHLY.

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