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Nairaland Forum / Nairaland / General / Politics / Subsidy Removal: Doubt Over July Date Heightens (7843 Views)
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Subsidy Removal: Doubt Over July Date Heightens by dre11(m): 7:13am On Nov 26, 2021 |
As the announcement by the Federal Government that it will give N5,000 each to 40 million “deserving” Nigerians beginning from July next year when it plans to end fuel subsidies continues to generate reactions, analysts at CSL Research have expressed doubts over government’s ability to remove subsidies on the proposed date. https://www.newtelegraphng.com/subsidy-removal-doubt-over-july-date-heightens/ 1 Like
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Re: Subsidy Removal: Doubt Over July Date Heightens by Maxymilliano(m): 7:19am On Nov 26, 2021 |
Trader Moni 10k. Conditional cash transfer 10k. N-Power 30k. FG Special Public Works program(SPW) 20k. Transport grant 5k. May poverty never be our potion. 34 Likes 1 Share |
Re: Subsidy Removal: Doubt Over July Date Heightens by Nobody: 8:19am On Nov 26, 2021 |
Maxymilliano:Election funds in disguise 17 Likes 2 Shares |
Re: Subsidy Removal: Doubt Over July Date Heightens by omowolewa: 8:21am On Nov 26, 2021 |
How will they execute this? Not even subsidized Mass Trans. FG should better work with Dangote Refinery on how to speed up commencement of business. What happened to Crude oil swap arrangement! Algold: 11 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by Nobody: 8:29am On Nov 26, 2021 |
I think that either way , the government is going to do it Fuel prices are rising and with it the cost of refining fuel and with it the cost of subsidy Either goverment removes subsidy or takes another loan or salaries and wages don't get paid 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by A305: 8:40am On Nov 26, 2021 |
This is a good step in the right direction but it comes with harsh reality. A government spending 250billion naira montly subsidizing fuel and also financing other sectors isn't a broke government but a government running the rat race in stagnation. We need to all face this hard reality of subsidy removal now and let our children enjoy the reward. I know you would say, "The government is too corrupt to be trusted for any fruitful outcome of subsidy removal." But Can we just have a little faith in them for once? Economy and politics compliments each other and so, even if we vote in a trusted young leader to lead Nigerian; won't he need money to execute his leadership? 3 Likes 1 Share |
Re: Subsidy Removal: Doubt Over July Date Heightens by Juell(m): 8:41am On Nov 26, 2021 |
5000 x 40m x 6 months = 1.2billion naira, is it not better to start up cottage industries in collaboration with China with such funds? With such more people will be employed and earn far more than the 5k peanut. 4 Likes 1 Share |
Re: Subsidy Removal: Doubt Over July Date Heightens by Oleka1: 8:41am On Nov 26, 2021 |
I think Nigeria should first help the masses in the area of high cost of living before bringing another hardship of high fuel price and transportation to them If you are in Lagos, I am into production, packaging and distribution of popcorn and we have different distributors in different areas. If you want to partner with me and we share profit. Contact me 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by mimirima: 8:41am On Nov 26, 2021 |
God help this nation 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by orikoku: 8:41am On Nov 26, 2021 |
I bind you the spirit of poverty in Jesus mighty name. 2 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by WibusJaga: 8:42am On Nov 26, 2021 |
Whatever the pros & cons economic experts might argue over the removal of oil subsidy, reality is that tough times lie ahead for the masses & common man on the street. Suffering & Smiling continues. 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by timpipod: 8:42am On Nov 26, 2021 |
They should leave the subsidy as it is jare 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by Iliveforever(m): 8:42am On Nov 26, 2021 |
The best advice I’ll give anyone right now is; before you go to sleep, don’t believe anything concerning this government because when you wake up, they can implement a very weird decision. 3 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by gurunlocker: 8:43am On Nov 26, 2021 |
Because of election |
Re: Subsidy Removal: Doubt Over July Date Heightens by Gidoco: 8:44am On Nov 26, 2021 |
<> |
Re: Subsidy Removal: Doubt Over July Date Heightens by CocoaOla: 8:44am On Nov 26, 2021 |
Now I know this system is deliberately design not to work for Nigerians so that the government and their Scammer politicians can cash out back to back 120b subsides for 200b palietive monthly to untraceable undocumented poor Nigerians in an un identify location It a scam Another apc government scam to loot money for elections rigging in 2023
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Re: Subsidy Removal: Doubt Over July Date Heightens by KingEverest: 8:45am On Nov 26, 2021 |
Nigerians are the most unfortunate people on Earth our leaders are just jokers 2 Likes 3 Shares |
Re: Subsidy Removal: Doubt Over July Date Heightens by stepaside2: 8:45am On Nov 26, 2021 |
omowolewa:I'm with you here. Working with Dangote to ensure that refinery comes on stream next year is still the best solution to all of this. Importation will reduce dramatically and cost of petrol from Dangote refinery will be in the region of N200- N250 per litre so still reasonable. Diesel, kerosene and jet fuel prices will also come down 2 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by TimmyA: 8:45am On Nov 26, 2021 |
These evil people in government only reason evil things. They don't think about how to improve the living standard of citizens |
Re: Subsidy Removal: Doubt Over July Date Heightens by sapientia(m): 8:47am On Nov 26, 2021 |
Nigerians are in for a rough ride A government that wants to remove subsidy and still FIX price Then withdraw more than 2 trillion to pay their imaginations they have dubbed Nigeria A government that export gas but lie that international market affected the price of Gas in Nigeria If Nigeria survive till 2023, let them not have sense 3 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by Jabar2017: 8:50am On Nov 26, 2021 |
Make I go dey prepare for next year cos e go hard gan.....save enuff cash nd stock some food....dis apc na scam... |
Re: Subsidy Removal: Doubt Over July Date Heightens by ShaqFu: 8:52am On Nov 26, 2021 |
Lol. Very funny set if individuals. So they expect or even believe that 5k will help cushion the effects of subsidy removal. This is very laughable. If they go ahead and remove subsidy next year, the harsh condition Nigerians will find themselves in will be something they will never forget. Subsidy havent been removed, yet, food prices are sparing like a bird flying in the sky, what do they think will happen when subsidy is removed. 1 Like |
Re: Subsidy Removal: Doubt Over July Date Heightens by sdav: 8:56am On Nov 26, 2021 |
Juell: Na which calculator give you this, bro? 3 Likes |
Re: Subsidy Removal: Doubt Over July Date Heightens by Tannhauser(m): 8:57am On Nov 26, 2021 |
The APC can do anything they wish, whenever they wish. The pre-election year analysis only makes sense in a credible democratic process. The APC know the votes of the people do not count so they can do as they wish and still manipulate the votes to favour them. Nigerians are in for a rough ride...
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Re: Subsidy Removal: Doubt Over July Date Heightens by Tannhauser(m): 8:57am On Nov 26, 2021 |
sdav:
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Re: Subsidy Removal: Doubt Over July Date Heightens by Mintyguy(m): 9:00am On Nov 26, 2021 |
K |
Re: Subsidy Removal: Doubt Over July Date Heightens by Tannhauser(m): 9:04am On Nov 26, 2021 |
Juell:
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Re: Subsidy Removal: Doubt Over July Date Heightens by Najyin(m): 9:12am On Nov 26, 2021 |
Why can't you speed up local refining. What is wrong with these people ? 1 Like 1 Share |
Re: Subsidy Removal: Doubt Over July Date Heightens by techWriter1: 9:13am On Nov 26, 2021 |
reelection money in mask |
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