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Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsTinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR (21274 Views)

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Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by ChiefOloye(m): 10:25am On Aug 19, 2024
He should do more
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by DuttyChuks: 10:27am On Aug 19, 2024
CyrusVI:
Ikenna, Did u even read the report?

This isnt Alaba market 2+2 economics
At least he is more reasonable than you are.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by BrighterSyde: 10:28am On Aug 19, 2024
ruggedboy01:
Helinues your job defending your drug Lord is getting harder, make them sha increase your salary small🤣🤣
Lmao…helinues no go near this thread. He doesn’t have the brain capacity to defend this one.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by skuribeebo: 10:28am On Aug 19, 2024
Maxymilliano:
So we are still paying subsidy despite series of denials in government circle huh
Even more than before.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Tjoccmars: 10:28am On Aug 19, 2024
Tinubu should be bold enough to tell Nigerians that he has resumed the subsidy payment. If he is daring enough to announce its full removal, he should come and defend the resumption of the subsidy payment to the people.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Femidfo: 10:29am On Aug 19, 2024
But subsidy is gone? 🤔 Wetin happen con
again?
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by pacesetting: 10:30am On Aug 19, 2024
"Fuel subsidy is gone" still dey defence. Person wey done score three own goals still wan win match? 🤣 🤣 🤣
CyrusVI:
Ikenna, Did u even read the report?

This isnt Alaba market 2+2 economics
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Eriokanmi: 10:32am On Aug 19, 2024
CyrusVI:
No be dribble NNPC wan dribble FG so?

I dont know how these things work, But I know for sure that KPMG audits FG account

To be honest, FG needs to hire special investigators for NNPC like they it did with CBN

The fact that almost all their financial claims are never verified makes me wonder if FG really knows how bad that group is
FG=NNPC
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Lovit(m): 10:34am On Aug 19, 2024
CyrusVI:
No be dribble NNPC wan dribble FG so?

I dont know how these things work, But I know for sure that KPMG audits FG account

To be honest, FG needs to hire special investigators for NNPC like they it did with CBN

The fact that almost all their financial claims are never verified makes me wonder if FG really knows how bad that group is
Don't get it twisted, NNPC and Tinubu are working together to rip off the nation, Tinubu is not that foolish to allow Kyari play ping pong with him

same way Buhari and Emefiele worked together to loot CBN dry.

By the time Tinubu is out, the incoming government will drag Mele Kyari same way Tinubu is dragging Emefiele

Both Emefiele and Kyari are just foot soldiers for their respective Ogas.

Nigeria is fvcked!
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Ideegee(m): 10:34am On Aug 19, 2024
CyrusVI:
No be dribble NNPC wan dribble FG so?

I dont know how these things work, But I know for sure that KPMG audits FG account

To be honest, FG needs to hire special investigators for NNPC like they it did with CBN

The fact that almost all their financial claims are never verified makes me wonder if FG really knows how bad that group is
Or FG itself is complicit
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by tishbite42: 10:39am On Aug 19, 2024
ewedunamala:
You can imagine if MC Oluomo was made the president of South Africa?. I keep saying that in a game of numbers like politics, 3 imbecïles can always win a seasoned intellect. It is in every country and the imbecilíty exist both in their professors ,even noble Laureates of all the countries. Na sooo 😅 if you get it

Believe it or not Tinubu is the grand ayatollah of failure.
Supreme Leader of Iran
😂🤣😂😂
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by UpaIweka: 10:41am On Aug 19, 2024
Exactly, yet same you want subsidy to return but here you are you do not want dividend from NNPC to be used to pay it off.

If Tinubu bring back the subsidy now n use loans to pay it off your father will the the first perosn to start wailing at the market square as if you are being matcheted to death.



RuggedBiafran:
cool This means...NIGERIA is GONE cool
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by tishbite42: 10:42am On Aug 19, 2024
BrighterSyde:
Lmao…helinues no go near this thread. He doesn’t have the brain capacity to defend this one.
You really know the clown

The only zombie that can 'defend' this is the FreeStuffsNG guy
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by UpaIweka: 10:44am On Aug 19, 2024
They will any time we have a n Igbo president
Yankee101:
Wow
The final rape of the country is in

Can’t the military step in and stop this wanton stealing?
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Kukutenla: 10:46am On Aug 19, 2024
helinues:
SR fit dey lie with this
Don't be an illiterate
The news was syndicated from businessday
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Awaja(m): 10:46am On Aug 19, 2024
So which PMS are they subsidizing? Thief everywhere
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Kukutenla: 10:48am On Aug 19, 2024
CyrusVI:
No be dribble NNPC wan dribble FG so?

I dont know how these things work, But I know for sure that KPMG audits FG account

To be honest, FG needs to hire special investigators for NNPC like they it did with CBN

The fact that almost all their financial claims are never verified makes me wonder if FG really knows how bad that group is
This one is kicking the can down the road

You mean Kyari a dirty aboki is dribbling the first class accountant and master strategist in accounting matters?? I thought CBN now handles NNPCL accounts. How come?

Is almighty Cardi B now in cahoots with Aboki to ruin Emilokan govt?
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by franudi: 10:50am On Aug 19, 2024
helinues:
SR fit dey lie with this
What is wrong with this fellow?
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by TheBillyonaire: 10:50am On Aug 19, 2024
“subsidy shortfall/FX differential” - A newly invented fraud slang.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by aestake: 10:53am On Aug 19, 2024
CyrusVI:
Ikenna, Did u even read the report?

This isnt Alaba market 2+2 economics
It's corruption then.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Funkyswagzz(m): 10:54am On Aug 19, 2024
helinues:
SR fit dey lie with this
Confusionist was the private jet a lie.. mumu
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by nedu666: 10:57am On Aug 19, 2024
Dividend is a portion of your profit paid to shareholders of a company. Abeg people who are the shareholders in nnpc that are collecting 6 trillion Dividend
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Emeskhalifa(m): 11:01am On Aug 19, 2024
CyrusVI:
No be dribble NNPC wan dribble FG so?

I dont know how these things work, But I know for sure that KPMG audits FG account

To be honest, FG needs to hire special investigators for NNPC like they it did with CBN

The fact that almost all their financial claims are never verified makes me wonder if FG really knows how bad that group is
More like FG and NNPC are sharing the same bed
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by bizzibodi(m): 11:04am On Aug 19, 2024
Those goons are still paying subsidy then why has d price of fuel not come down,what d hell are they subsidizing?why can't we refine crude in Nigeria,why
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by sukar886: 11:04am On Aug 19, 2024
Confused government
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by TheGift: 11:06am On Aug 19, 2024
CyrusVI:
Ikenna, Did u even read the report?

This isnt Alaba market 2+2 economics
One doesn’t need to read the report to know that the government is confused.

Claiming they have removed subsidy yet still paying subdsidy, yet still denying that they have been paying subsidy.

If that is not confused and confusing , then I don’t know what is.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by chisupport: 11:07am On Aug 19, 2024
Tinubu for just keep quiet during his swearing in.. who knows maybe things for no bad like this..

I wonder who he was trying to impress
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by RuggedBiafran: 11:09am On Aug 19, 2024
Yoruba people have exposed and proved why free education is useless.

just imagine the thinking of this yoruba person...

shameless cool


UpaIweka:
Exactly, yet same you want subsidy to return but here you are you do not want dividend from NNPC to be used to pay it off.

If Tinubu bring back the subsidy now n use loans to pay it off your father will the the first perosn to start wailing at the market square as if you are being matcheted to death.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by Lanruze:
Subsidy is back !

Lol....

PBAT should swallow the humble pie and accept the mistake he made that has caused the nation untold hardship in the last 1 year and two months.

PBAT's policy statement more than any other speech has caused him untold dis-affection
amongst Nigerians.

Statements like "Turning the corner, light at the end of the tunnel, pregnant woman about to give birth" etc. are all rubbish just kicking the can down the road.
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by nairalanda1(m): 11:11am On Aug 19, 2024
Essentially, NNPC Is finding it difficult to pay for subsides.

And therein lies the problem

Over the years , this is how it works, Government finds it difficult to maintain subsides, then it essentially does illicit things like having NNPC pay for subsides from its own money, and now shareholders money.

All in all, this would have been avoided by having subsidy totally removed since 1993. BY now, we woould have had working refineries galore....instead we pretend IMF is fighting against us, or use the problems coming from subsidy to knock the government of the day (as seen under all our civillan governments since 1999), ....instead of us accepting that we have issues with following simple economic rools.

Sell at a loss, lose a lot. We lost 4 refineries because of subsidy.

If you cannot see that, remain blind. cheesy
Re: Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy - SR by kcubani: 11:15am On Aug 19, 2024
Subsidy is gone in the mud, clueles idiot
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