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Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFuel Subsidy Removal Poses Risk To External Reserve Growth – CBN (12217 Views)

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Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Didijiji: 6:09pm On Sep 17, 2024
Na mumu Dey support APC

A gathering of human witches

A coven for lovers of hardship

Animalistic demons who have ravaged the entity called Nigeria

Supported on this forum by co Daevils like helinus, Mannabbqgrill.s, omenka, Myndd44, etc
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by phemray(m): 6:16pm On Sep 17, 2024
Brendaniel:
I thought Tinubu and his supporters said they are not paying subsidy anymore....

Propaganda no be governance o
Hope you read the article headline and the body.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Brendaniel: 6:19pm On Sep 17, 2024
phemray:
Hope you read the article headline and the body.
Why are they talking about subsidy if subsidy doesn't exist?
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Chetas81(m): 6:22pm On Sep 17, 2024
OYO IS YOUR NAME, BAD CITIZEN NEVER BUILD A GREAT NATION,ONLY HUMAN SLAVE HAVE YAM AND KNIFE,STILL REMAIN IN HUNGER
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by ChenHao23: 6:23pm On Sep 17, 2024
I have to read that part multiple times to make sure I didn't miss anything there.
How does that make sense to anybody?
Please somebody should explain that statement to me like I'm 5.
RealLordZeus:
Which kind grammar be this!
How does fuel subsidy removal ( when you dont need to be spending public money on subsidy) depletes external reserve
Does anyone understand this jargons
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by phemray(m): 6:30pm On Sep 17, 2024
Brendaniel:
Why are they talking about subsidy if subsidy doesn't exist?
He said removal of subsidy. Meaning it has being removed, reason the growth of foreign reserves slower due to debt servicing
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by CodeTemplarr: 6:32pm On Sep 17, 2024
Hemanwel:
The fuel subsidy, which is the only thing the common man benefits from the government, Tinubu has removed it.

Why not go after the corrupt individuals who have been milking the nation in the name of fuel subsidy? Now, because of a few rats, you have decided to burn down the whole house.

All because of politics, president Tinubu cannot fight corruption among the political class. Instead, the masses are the ones paying dearly.

O da o!
The fire fighter is one of the rats.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by RealLordZeus(m): 6:42pm On Sep 17, 2024
ChenHao23:
I have to read that part multiple times to make sure I didn't miss anything there.
How does that make sense to anybody?
Please somebody should explain that statement to me like I'm 5.
I'm telling you
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by OriOko88(m): 6:48pm On Sep 17, 2024
Confusions everywhere. Policy summersault.

APC is a confused party
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Flame333: 6:53pm On Sep 17, 2024
Melagros:
COMRADES, only blind and deluded supporters of APC don't know this fact. Honestly, I don't know the kind brain wei God creat them with
They share similar brain with the devil
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Flame333: 6:56pm On Sep 17, 2024
abiln:
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Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Yankee101: 7:09pm On Sep 17, 2024
Are these people mad?
It should grow the reserves not deplete them
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by frankputer: 7:22pm On Sep 17, 2024
This country is bleeped
What the heck is this again ?
No hope kpatakpata
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by IfnobeGod20(m): 7:23pm On Sep 17, 2024
APC and scam are like 5 and 6. They have successfully scammed those that believed them. helinues, Thiefobi1, seunmsg, casualobserver, MANNABBGRìLLS and their hosts, how far? I hope una eye no dim?
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by IfnobeGod20(m): 7:28pm On Sep 17, 2024
israelmao:
Emilokan the phantom political and economic strategist and builder of Lagos is listening.
Builder of Lagos and destroyer of Nigeria.
He built Lagos finished and the cement to build Nigeria run out of stock.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by IfnobeGod20(m):
Hemanwel:
The fuel subsidy, which is the only thing the common man benefits from the government, Tinubu has removed it.

Why not go after the corrupt individuals who have been milking the nation in the name of fuel subsidy? Now, because of a few rats, you have decided to burn down the whole house.

All because of politics, president Tinubu cannot fight corruption among the political class. Instead, the masses are the ones paying dearly.

O da o!
Only in Nigeria you see citizens paying for the inadequacy and negligence of the government and you see same citizens hailing and backing same leader taking the wrong steps.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by IfnobeGod20(m): 7:36pm On Sep 17, 2024
ubest1:
Pride aside how are TINUBU supporters feeling seeing all these.
Some feel sorrowful. Some feel happy that Tinubu is doing devil's work by subjecting the citizens to abject poverty, hunger and pains. While the other group feel ashamed and had since turned their backs at him for the sake of the country's future and to keep their principle intact.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by etrouble: 7:48pm On Sep 17, 2024
CBN Governor don finally run MAD
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by etrouble: 7:50pm On Sep 17, 2024
Melagros:
COMRADES, only blind and deluded supporters of APC don't know this fact. Honestly, I don't know the kind brain wei God creat them with
You opposers of APC are not blind and you have brains, yet we the APC have been making you weep and wail endlessly since 2015 when we kicked Goatluck Jonathan out. Isn’t it obvious that you need mental evaluation?
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by bluefilm:
Subsidy is gone says one archaic power grabber

And since then, no one has slept peacefully

God forbid BAT thing
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by IfnobeGod20(m): 8:17pm On Sep 17, 2024
etrouble:
You opposers of APC are not blind and you have brains, yet we the APC have been making you weep and wail endlessly since 2015 when we kicked Goatluck Jonathan out. Isn’t it obvious that you need mental evaluation?
You forgot while God had not come to take his saints away because there are many sinners in the world and he expect them to turn away from their wicked ways and serve the only living God.
With this, you will know why evil people multiply in the land and always have a say in critical matter, such as election.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Brendaniel: 8:45pm On Sep 17, 2024
phemray:
He said removal of subsidy. Meaning it has being removed, reason the growth of foreign reserves slower due to debt servicing
and when was it removed ?
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by frog12: 8:53pm On Sep 17, 2024
and na now CBN dey talk after 1 year huh grin grin grin
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by frog12: 8:54pm On Sep 17, 2024
they want to bring subsidy back grin

bixton:
This can't be coming from a CBN goveenor!!!!!
PBAT needs to fire him otherwise he is going to be worse than the previous.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Babamide(m): 10:09pm On Sep 17, 2024
RealLordZeus:
Which kind grammar be this!
How does fuel subsidy removal ( when you dont need to be spending public money on subsidy) depletes external reserve
Does anyone understand this jargons
Werey dey talk with both side of him mouth. A full fledged dunce as CBN governor.

How can someone say there is downside risks for the growth of external reserves by 2024/2025 and in the same breath say the outlook for Nigeria’s external sector in 2024/2025 is optimistic. Is it not madness??
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by Arostar2023: 10:59pm On Sep 17, 2024
Global2000:
They are no longer online. All this zoo keepers. Give them some peanuts. See them misyaning. Deeperts!.
Maybe they are on strike... maybe one guyman don guy their alawee
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by bixton(m): 11:00pm On Sep 17, 2024
frog12:
they want to bring subsidy back grin
There's no way they can bring it back. Not in this administration.
They can only keep doing what they do behind closed doors.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by ChybuzzDD(m): 2:17am On Sep 18, 2024
Karemarealty288:
https://www.vanguardngr.com/2024/09/fuel-subsidy-removal-others-can-pose-risk-to-external-reserve-growth-cbn/
@Nairalanda1: Can you see another side of the rubbish you've been supporting??

This simply shows the removal won't help both the country and Nigerians and will cause far more problems than it's assumed to solve.

The lives you guys have wasted/are wasting through the induction of extreme poverty and sufferings will be on your heads
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by nairalanda1(m): 4:21am On Sep 18, 2024
ChybuzzDD:
@Nairalanda1: Can you see another side of the rubbish you've been supporting??

This simply shows the removal won't help both the country and Nigerians and will cause far more problems than it's assumed to solve.

The lives you guys have wasted/are wasting through the induction of extreme poverty and sufferings will be on your heads
Okay, open a fuel station and sell fuel for N100 per liter, comrade.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by cornelman: 6:22am On Sep 18, 2024
Please, are this people mad?

Who told them to remove fuel subsidy? You said you removed subsidy to free up funds for governance. You went ahead to remove it and inflict terrible pains on the people.
Now you're complaining about having the free funds you claimed you need for governance. It's like you want to blame the people again for you removing subsidy.
Do they count the cost of their proposed policies before implementing? I doubt it. Fools at the helm of affairs.

It's like these people have brain damage. Very evil set of people.
Re: Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN by cornelman: 7:32am On Sep 18, 2024
etrouble:
You opposers of APC are not blind and you have brains, yet we the APC have been making you weep and wail endlessly since 2015 when we kicked Goatluck Jonathan out. Isn’t it obvious that you need mental evaluation?
You know there are more foolish people in the world than the wise ones. That is why the world is the world is the way it is today. Nigeria cannot be an exception to the rule and that is why the country is like this.
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