Where is d 400billion.still inside their pocket

Pls spend the money in right direction oo

Wow! Imagine how much the country will save in four or eight years 😳

Is a pure lie

Save waiting
Poor people's money, collecting money from poor Nigerians you call that savings, black monkeys everywhere

It's not just to throw figures around...! Let's see what the masses benefit in the coming months.

£1 British pound is almost N1000; the Naira speedily eroded from the N760=£1 rate before Tinubu was pronounced president-elect.
What's the purchasing power of the so-called N400 billion saved from removal of fuel subsidy; if ever such money was saved in the first place?

Good!

Let's sit and hope for the dividends.

adenigga:



Source: https://punchng.com/Subsidy-removal-FG-saves-N400bn-in-four-weeks

And how much has Nigerians lost?

libertyfather:
Still my concern

ASK YOURSELVES SIMPLE QUESTION. IS THERE NO MONEY FOR THEM TO LOOT BEFORE SUBSIDY REMOVAL? IF THE ANSWER IS YES, THEN WHY YOUR CONCERN? Your are your mind full of negativity toward your own country than other foreign country? we are the problem of this country with negative expectation and negative energy.

What is wrong with Nigeria and Nigerians?

Government paid for subsidy up to June 30, 2023.

It was a heisty pronouncement that led us into this troubled waters. Where then did the government saved the N400bn, or is it a mockery to the FG?

Money wey you no go even smell thesame air wey blow am

kayone2:
Money that is getting vandalized already by cabals as we speak.

Rob Peter to pay Paul, and demand commendation

ASK YOURSELVES SIMPLE QUESTION. IS THERE NO MONEY FOR THEM TO LOOT BEFORE SUBSIDY REMOVAL? IF THE ANSWER IS YES, THEN WHY YOUR CONCERN? Your are your mind full of negativity toward your own country than other foreign country? we are the problem of this country with negative expectation and negative energy.

Slurity:
ASK YOURSELVES SIMPLE QUESTION. IS THERE NO MONEY FOR THEM TO LOOT BEFORE SUBSIDY REMOVAL? IF THE ANSWER IS YES, THEN WHY YOUR CONCERN? Your are your mind full of negativity toward your own country than other foreign country? we are the problem of this country with negative expectation and negative energy.

See this naive mumu.
Its easier to steal 5mil from 100mil than to steal 5mil from 10mil unnoticed.

adenigga:

Source: https://punchng.com/Subsidy-removal-FG-saves-N400bn-in-four-weeks

Same thing happened in 2016 when subsidy was removed and petrol prices were deregulated.

Why are they using the same scam scheme to swindle us again? Maybe it’s because they have made us uneducated literates?

Subsidy removal: Tinubu backs Buhari, Falana condemns price hike

13th May 2016

A former Lagos State Governor and National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has described the decision of the President Buhari-led Federal Government to remove petrol subsidy as courageous.

The government, through the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Wednesday, announced the removal of the subsidy on petrol, pegging the upper limit at N145 per litre from N86.50k.

In a statement in Lagos on Thursday, Tinubu said though the decision was a difficult one, it would ultimately become beneficial to the generality of the people instead of enriching the pockets of a few Nigerians, who enjoyed the fraud of the subsidy regime.

https://punchng.com/subsidy-removal-tinubu-backs-buhari-falana-condemns-price-hike/?amp

Osinbajo: We’ve saved N1.4trn by not paying fuel subsidy

AUGUST 25, 2016

Vice President Yemi Osinbanjo says the federal government has saved N1.4 trillion for not paying oil subsidy.

Speaking in Kano on Thursday during the third day of the 15th Joint Planning Board and National Council on development meeting, Osinbajo urged Nigerians not to lose faith in Buhari’s administration, saying the president would fix the economy.

“With the deregulation of the downstream petroleum sector, there has been a significant increase in the availability of petrol throughout the country for the savings of N1.4 trillion on subsidy payments alone,” Osinbajo said.

https://www.thecable.ng/osinbajo-weve-saved-n1-4trillion-by-not-paying-fuel-subsidy/amp

Will the 400 billion not be stolen by the same politicians? We wait to see how well the FG will let the public feel the positive impact of this audio billions saved.

onuman:
£1 British pound is almost N1000; the Naira speedily eroded from the N760=£1 rate before Tinubu was pronounced president-elect.
What's the purchasing power of the so-called N400 billion saved from removal of fuel subsidy; if ever such money was saved in the first place?

What kind of human are you people. money lost to subsidy we complaint, now money is save you also complain. MUST YOU GUYS BE ALWAYS ANTAGONIST?

seunmsg:
This report may not be true in terms of saving of physical cash. Since we’ve been borrowing to pay for subsidy since January, I really don’t think we should call this savings because the money is not there. We’ve simply stopped spending N400b on subsidy.

Where are you guys getting this story from that we've been borrowing to pay for subsidy?
Is this the new format to shield the present govt from accountability?

jaxxy:
I thought they paid June Subsidy?

yes, it was even 2 salary ippis paid.

LucemFerre:


See this naive mumu.
Its easier to steal 5mil from 100mil than to steal 5mil from 10mil unnoticed.

You are the mumu here. which one is better out of the two option. ONE OF YOUR WORKER MAKE A PROFIT OF 100M BUT STOLE 5M FROM IT AND GIVE YOU 95M AND ANOTHER MAKE 10M AND ALSO STOLE 5M TOO UNDER THE SAME SHOP. WHICH ONE IS BETTER? This is the reason why many people that has sense voted for Tinubu, we are not saying he will not steal, we are saying he is going to make Nigeria better by his money making sense

TemplarLandry:
We are gradually getting there.

Exactly..... I believe in solutions, so let's keep hope alive 💪💪💪

Slurity:
What kind of human are you people. money lost to subsidy we complaint, now money is save you also complain. MUST YOU GUYS BE ALWAYS ANTAGONIST?

Are you sure you understand the meaning of antagonism?
Criticise liars so that they refrain from bamboozling you with more lies.
Are you sure such huge amount of money was truly saved in one week from removal of fuel subsidy? I am sure it wasn't. It's all propaganda of falsehood to win public sympathy for a stolen mandate.

Omihanifa:
Money that will still be looted

dem go use probe take retrieve some and reloot am again.

TemplarLandry:
We are gradually getting there.

How much was saved from the subsisdy removed from kerosene and diesel?

[quote author=gaby post=124116800]What did NNPCL rogues declare a couple of days back?

This country no just get foundation or any semblance of a serious country at all.

So very disjointed and lacking in any form of cohesion.

400 Billion a week is too small

High time for salary increment...

Propaganda go too much for these tinunbu regime.why not speak less and work more with the billions saved.
One month has already been minusued from how long his gonna spend at aso rock

onuman:



Are you sure you understand the meaning of antagonism?
Criticise liars so that they refrain from bamboozling you with more lies.
Are you sure such huge amount of money was truly saved in one week from removal of fuel subsidy? I am sure it wasn't. It's all propaganda of falsehood to win public sympathy for a stolen mandate.

I AM ALWAYS HAPPY TO SEE THAT SOME SHALLOW THINKERS STILL BELIEVE IN STOLEN MANDATE BECAUSE THAT IS WHAT THEY WILL BE BUSY WITH FOR THE NEXT 8 YEARS.

SmartyPants:


Are you mixing NLC with oil marketers?

Labour speaks
Meanwhile, the organised Labour has called on Nigerians to exercise patience while it continues to negotiate with the representatives of the Federal Government following the removal of subsidy on Premium Motor Spirit which has continued to cause hardship to Nigerians.

The PUNCH reports that since the removal of the subsidy on PMS, there has been a spike in cost of living conditions, with oil marketers projecting a N700/per liter cost of fuel by July 2023.

Speaking with our correspondent on Thursday, the National vice-President of the Trade Union Congress and a representative of the organised labour interfacing with the government, Tommy Etim, said labour unions were constantly engaging the government to ensure that favorable palliatives are distributed to Nigerians.

“ Nigeria has come of age and whatever happens Nigerians especially workers should exercise patience until the outcome of the meetings so that we can arrive at a collective bargaining agreement that will be for the interest of Nigerians and Nigerian workers.

“Whatever we are facing now is a collective sacrifice and there is hope that we will not allow the pressure for those who have eaten fat on the so called subsidy to frustrate our negotiations. Let Nigerians see whatever is happening as a collective sacrifice that all Nigerians will be happy.”

Now the funds are earned by NNPCL to be shared.by the three tiers of government. More monies to state.

adenigga:



Source: https://punchng.com/Subsidy-removal-FG-saves-N400bn-in-four-weeks

More money to steal