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Nairaland Forum / Nairaland / General / Politics / ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim (12891 Views)
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Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by waveman2: 6:45pm On Dec 14, 2023 |
Nigeria slaves to the west.IMF will not give loans if nigeria still pay subsidy,they like the suffering nigerian are passing through,they are not talking about our foreign exchange all which would solve our problems 85% if addressed. |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by Chetas81(m): 6:54pm On Dec 14, 2023 |
WORLD BANK 🏦 AND IMF SUPPOSED ASKED NIGERIAN WHAT THEY DO WITH BORROWING MONEY, IF THEY REALLY SERIOUS ABOUT NIGERIA 1 Like |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by ViceGovernor: 7:41pm On Dec 14, 2023 |
opamoses1:Omo Benin no more kpayo for una again. Epo ofe la finito 😌 |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by magzey: 7:51pm On Dec 14, 2023 |
Pakute:
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Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by Ate247(m): 7:58pm On Dec 14, 2023 |
nairalanda1:done mind all this senceless supporters. FG still pays for subsidy. Landing cost has increased from 720 |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by IJEYdiamond(f): 8:12pm On Dec 14, 2023 |
Lies kee u FG..... no worry one day is one day....... You will surly become busymeat... |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by Ofunaofu: 8:28pm On Dec 14, 2023 |
Pakute: The subsidy for electricity means that they are subsidizing darkness |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by PHAYOL81: 8:41pm On Dec 14, 2023 |
Hopefully so |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by Fujiyama: 8:52pm On Dec 14, 2023 |
Pakute: ^^^ There is a subsidy on PMS. You know this. The facts don't care how you feel. |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by IbeOkehie: 8:56pm On Dec 14, 2023 |
Current Price of Petrol on the world market as of today, Dec 14 2023 = $2.20 per gallon or $0.55 per liter. Anyone can look this up on any financial website, IT'S NOT A SECRET. $1 = 1220₦ so $0.55 = 660₦ This means the current price of petrol in Nigeria should be ₦660 per liter. We can give some allowance, plus or minus, for local sourcing, price lag, transport to different locations and other costs. A good guess is that the true cost of fuel in Nigeria without subsidy is at least ₦600 to ₦720 per liter. So is the general price of petrol in Nigeria around than ₦600? If the price is less than ₦600 , we can say for sure that the Federal Government is still paying a subsidy for petrol in Nigeria. That's the fact, the absolute truth...and it doesn't matter if you support subsidies or not. Remember, the leaders of this same party currently in control of government also told us in from 2011 to 2015 that "there is nothing like fuel subsidy, fuel subsidy doesn't exist." They've started again. With their record, I'm inclined to believe the World Bank, not the Federal Government. If you're a Nigerian reading this, please use your brain, I'm sure you have one. Good Luck to Nigerians. |
Re: ‘subsidy Is Gone’, FG Dismisses World Bank’s Claim by Abrahamweb(m): 10:24pm On Dec 14, 2023 |
Pakute:Brainless idiot. Did the person you quote mention any name? Always showing your stupidity. |
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