Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns - Politics (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns (25730 Views)
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by xukwaa: 10:59pm On May 10, 2024 |
Should he further increase the pump price? Those imf goats are bastards! |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Honestey: 11:01pm On May 10, 2024 |
What de hell is subsidy gan gan?! Is oil not natural gift for us that we tap from ground? I only want to hear how much we makes from it not how much we are spending on it henceforth! |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by greggng: 11:05pm On May 10, 2024 |
With this gang of leaders , Nigeria can only get worse |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by villagereporter(m): 11:06pm On May 10, 2024 |
SoNature:. Réré rún. When there is no more excuse, now it has become leadership is hard! What a pity for my generation. Leadership is not hard when werey president budgeted 2.2billion naira for the office of the first lady, leadership is not hard when he bought a yatch for five billion, leadership is not hard when- at a time Nigerians where going 2tu hardship cause of bad policies, OLORIBU Tinubu had 48 Ministers the highest so far since 1999 but when he comes to the citizens leadership is hard. Kó ñí dâ fún Tinubu. Do we begged him to be our president? Oh, lest I forget leadership is not hard when he bypass all protocols to award a contract to a company that his son has a high stake in it. Kó ñí yé Tinubu. Òkúta ñá má sópã gbèyìn ayé oo |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by MakindeHassan: 11:12pm On May 10, 2024 |
Sad part is he is even paying more in subsidy than previous administrations. When fuel was 145 subsidy was around 50-70. Now it is estimated at almost #400-600 to maintain #600 per liter at 1450/$. Some people will still come here to defend this and claim they love Nigerians more than those that want things to be better. |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by youngrichnigga: 11:17pm On May 10, 2024 |
Ghenghen jokes 🤣🤣😂
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| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Forumobserver12(m): 11:33pm On May 10, 2024 |
Georgry:When I seat down to analyze the removal of fuel subsidy and the subsequent floating of the Naira, one will tend to believe that Tinubu lack the economic competence to lead the country, What this present government did was purely economic sabotage and suicidal...Look at what they have brought upon on the masses...Paying 3x more than what the previous government was paying in subsidy due to the floating of Naira.. Governance is not about Propaganda and Gra Gra...The reality is that Nigerians are economically better off a year ago than today, this is a sad reality and i never believed that Buhari could be better than anyone else, sadly I have been proven wrong... |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Trueprophet91: 11:33pm On May 10, 2024 |
Have they agreed that it's been reinstated? |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Sirianese: 11:35pm On May 10, 2024 |
Lizzysamuel:Why else do you people think he's instituting such a brutal, hydra-headed tax regime? He's using it to get the subsidy money back |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by ArcSEMPECJ(m): 11:41pm On May 10, 2024 |
SoNature:Is after election that they know that leadership is hard.... How much Dollars where given to the delegates during APC primary Presidential election by each candidate to bribe them ![]() At a point , the former V.P said they now refuse Naira....lols If you can waste millions of.dollars to be President, pls just know it is not your turn tp enjoy but work and show a positive difference... Leadership is a bit easy if the way you entered was excellent.... |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by ravensckar(m): 11:50pm On May 10, 2024 |
SoNature:From your analogy, one can infer that even you too have a shallow understanding of leadership. Firstly, any leader that deliberately sacrifices even a single one of his country man's life is not worthy of being called a 'leader'. ![]() Secondly, leadership means integrity. To have integrity means to be virtuous, upright and steadfast. A quality that 90% of our so-called leaders lack. On the issue of subsidy, how on earth does a leader expect sacrifices from the citizens (most of whom are poor) without him sacrificing anything? Why must the citizens bear the brunt of subsidy removal whereas government officials still allocate bogus salaries to themselves? If people like you keep making excuses for our useless leaders, they won't sit up and face governance. I've read several books and authobiograhies of many world leaders and I can categorically say that 'Nigerian leaders are not only incompetent but cruel'. If they don't burn in the deepest part of hell, then nobody deserves to be judged on 'Judgement Day'. ![]() |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by ArcSEMPECJ(m): 11:53pm On May 10, 2024 |
Forumobserver12:Well, like a brilliant student, they were able to copy from Peter Obi to a point until he turned to another page and went to pass his paper... They couldn't copy what he wrote in that page anyway... We warned people, see , that's why I love the western people, they are so careful with checkmating one with his or her integrity and character... You can't have Tinubu coming to tell you he will do wonders and you believed him when he was the one that said Buhari is the best..... Who does that ?Tinubu can never perform better than Buhari , why? ....why because Buhari had a fair ground then to operate until he ended up devouring and messing up everything that was better before he came in.. Tinubu now, doesn't know where to start from, and he didn't come in with the support of the poor masses, he knows how he became President, so he cant really strive that much to provide for the poor masses.... All Tinubu is concerned to an extent now, is to make sure his Loyalist that helped him are well feed and taken care of in this his government.... |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Lanre1st(m): 11:54pm On May 10, 2024 |
What does IMF upto, does it want fuel price to go higher than it current price? Wetin concerned IMF, we Nigeria don't care about audio project, we don't want more suffering |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by khattab02: 12:01am On May 11, 2024 |
Where is the revenue sef? And where is the money saved from the Subsidy? The greatest scam in Nigeria is oil and fuel subsidy |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Fearyourcreator: 12:20am On May 11, 2024 |
SoNature:E dey sweet to Know a lot when we are not the ones there cus we don't have well detailed info about the real problem... E dey sweet to condemn |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Georgry(m): 12:58am On May 11, 2024 |
Chucks13:Read what? |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by NOwazobia: 1:02am On May 11, 2024 |
SoNature:Leadership is hard because it is Tinubu. But when it was from other region, like Jonathan you mentioned, you all made the country ungovernable for him. It was not hard when you Campaigning and telling us that he is next to fried Chicken, But now that he is fumbling and destroying the economy, leadership is now hard. I go nack you 2 by 2 if you were next to me. ![]() Idiots, plundering the country with their foolishness, vote selling, and ballot snatching. ![]() |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Blazetrailer: 1:08am On May 11, 2024 |
...this post shows someone without any understanding. So as experienced and prepared as he said he was, he waited for small oyinbo new graduates from university at the world bank/IMF to tell him what to do? The issue is not the subsidy....the biggest mistake he made was accepting to devalue the currency. Now he can't go back. Take that away and he would have been fine with the removal of subsidy. Faiththatworks: |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Blazetrailer: 1:09am On May 11, 2024 |
..because they dont make critical national decisions based on sentiments. Cineinfo: |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Blazetrailer: 1:13am On May 11, 2024 |
..its too late..he has already made the blunde...He has taken Nigeria 20 years back by devaluing the currency...its gone!! [ quote author=Blaze14k post=129890316] Bro tinubu should take off his ego and listen to those that have a better idea. Everybody want Nigeria to succeed but he can't do it in this manner. All these things going on is what people were complaining, shouting yet it looked as if we were stupid. Instead of solving the problem he is adding more to it. I don't know why he relies so much on CBN[/quote] |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by OALandAgents: 1:14am On May 11, 2024 |
IMF can shut up |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by InvertedHammer: 1:35am On May 11, 2024 |
/ Apparently IMF is the one managing Nigerian economy Such level of meddlesomeness is non-excusable. / |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Solsix(m): 1:45am On May 11, 2024 |
SoNature:Good morning, if you supported APC in last election good morning again |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by sulaak(m): 2:34am On May 11, 2024 |
sulaak: Elusive001:Can you read? Where did I say Tinunu made the tough decision? I said that Tinubu must make tough decisions, but he is not a leader. You are so up Peter Obi's backside that you cannot read well or reason for yourself. |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Bluntemperor: 2:59am On May 11, 2024 |
8 |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by HRMK: 3:05am On May 11, 2024 |
nigeria should stop taking loans from the IMF/WORLD BANK!they will continue to ruin our economy with their lousy/outrageous advice!! |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by Diligence: 3:27am On May 11, 2024 |
APC-led govt is a government of propaganda, lies & deception. Their Trust deficit is cataclysmic! Irony: What is wrong if BATeria declaring $UBSIDY IS BACK! Oya fuel pump price/litre go back to N185? Why backyard, stealthy reintroduction of what u had declared with gusto, dat it's gone? |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by jikins(m): 4:06am On May 11, 2024 |
semc:The hand they have been lending over the years wetin una don use am do? |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by advanceDNA: 4:24am On May 11, 2024 |
Lanre1st:Imf only cares about the returning ofthe money they lend us so they can borrow us more... If Nigeria is using a large part of its oil revenue to pay subsidy..we won't be able to pay loan.. Imf is just looking out of themselves |
| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by MichaelSokoto(m): 4:54am On May 11, 2024 |
SoNature:but it's not hard for dem to steal our money? ![]()
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| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by MichaelSokoto(m): 5:01am On May 11, 2024 |
Paraman:100 yrs old man work hard? be like ur brain dey leak oyel ![]()
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| Re: Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Oil Revenue—IMF Warns by tommy589(m): 5:20am On May 11, 2024 |
SoNature:Thank you. But you make that no.2 look so easy, while forgetting separation of power. Don't forget a tree can not make a forest in Nigeria's presidential system of democracy. Do you realise many of those in NA won't share your goals,and you have no power in stopping them from padding budgets? Remember the juicy packages and allowances they legislate for themselves. These are people that invested huge money to get a sit in that Assembly. Are the governors going to buy into your reforms? What influence do you have to curb them from stealing allocations and make impactful governance in their respective states. Many months after increased monthly allocations they are yet to increase workers salaries,we are talking governors that crushed LG autonomy bill. You have good intentions,but it won't fly with most of the elected politicians. If you don't compromise, I don't see how you will last 4years without impeachment I pray you become our president... as a dictator! |
Tinubu's Reinstated Fuel Subsidy Will Drain Half Of Nigeria Oil Revenue IMF Warn • Removal Of Fuel Subsidy Will Bring Investments, Make Nigeria Prosperous – Tinubu • Fuel Subsidy Will Not Return, FG Assures IMF • 2 • 3 • 4
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Such level of meddlesomeness is non-excusable.