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FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu (2590 Views)

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Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Standing5(m): 9:58am On Nov 30, 2016
MaziOmenuko:
The term 'saved' means by his actions, 15bil was not spent on subsidy, not that the money was existing and was supposed to be used for subsidy but was not used again.
They will hold on to whatever interpretation makes it easier for them to criticize Buhari.
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Emekamex(m): 10:03am On Nov 30, 2016
mrvitalis:
Lol
They don't have the money number one
Two they can't channel money they don't have to other places



Oh my ur IQ is supper low
You aren't making any sense, how can one save what he doesn't have?
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by mrvitalis(m): 10:05am On Nov 30, 2016
Emekamex:
You aren't making any sense, how can one save what he doesn't have?
If u eat Turkey every day then u lose ur job and start to eat fish that's 1000 less the price can't u say by eating fish u are saving 1000?? Which means u have saved ur self 365k u would have spent
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Izonpikin: 10:05am On Nov 30, 2016
Emekamex:
You aren't making any sense, how can one save what he doesn't have?
leave those poverty stricken sycophants alone...
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Emekamex(m): 10:14am On Nov 30, 2016
mrvitalis:
If u eat Turkey every day then u lose ur job and start to eat fish that's 1000 less the price can't u say by eating fish u are saving 1000?? Which means u have saved ur self 365k u would have spent
Not necessarily, I am saying this because the 365k doesn't exist anymore and even if I wanted to foolishly continue eating turkey, I can't do that anymore.
In summary, what I am pointing out is that there is no savings as the supposed funds aren't in existence, I only managed to survive by eating what I can afford.
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by PIPPROF(m): 10:16am On Nov 30, 2016
Rilwayne001:
Shut up! So what's the difference? They didn't spend 15bn on subsidy, then on what did they channel it to undecided

If actually they have as much as 15bn reservation, then why the need for 29bn loan?
there are so many irregularities about this silly FG
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Splashme(op): 3:38pm On Nov 30, 2016
IBBG:
abeg help ask am wey the money dey? and yet we want borrow
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by OreMI22: 3:19am On Dec 01, 2016
Taxing Nigerians to pay the highest pump price for petrol in OPEC and even most non-oil producing countries. ... and they call it saving money.
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Oxenomy: 5:23am On Dec 01, 2016
MaziOmenuko:
The term 'saved' means by his actions, 15bil was not spent on subsidy, not that the money was existing and was supposed to be used for subsidy but was not used again.
So are you telling me that we would've paid up to $15 billion since May this year had it been subsidy is still on? If so, then imagine how much GEJ paid during his administration... Those who protested the removal of subsidy in 2012 did the country a great deservice... They are paying dearly for it now.
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by mykeljosef: 5:36am On Dec 01, 2016
mrvitalis:
Just look at Nigerians commenting rubbish

The term saved here means we prevented us from spending 15bn dollars which we didn't have actually

Just looking above and the lilw they get i wonder if it just hatw or bad education or both
ma fren shatap dere


the government would have one way or another gotten the $15b if the subsidy wasnt increased

the main ish here is if 15bil was not wasted on the subsidy where/what sector was it diverted to...N where r the improvement to show for it

dont tell me the money wasnt there in the first place.....or better still dont use the word SAVED


YOU CANT SAVE WHAT YOU DON'T HAVE
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by darknetcom: 5:42am On Dec 01, 2016
softMarket:
U pple will just be calling amount of money anyhow grin


so u mean that bubu saved 15bn dollars from fuel subsidy and still wants to borrow? huh huh

Ayam not just understanding Bubu at all !!!
15billion is not enough to mange a big country like nigeria..

japan has a annual budget of 5trillion..

calculate yourself..

15billion is chicken money ..
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by darknetcom: 5:44am On Dec 01, 2016
mykeljosef:
ma fren shatap dere


the government would have one way or another gotten the $15b if the subsidy wasnt increased

the main ish here is if 15bil was not wasted on the subsidy where/what sector was it diverted to...N where r the improvement to show for it

dont tell me the money wasnt there in the first place.....or better still dont use the word SAVED


YOU CANT SAVE WHAT YOU DON'T HAVE
normaly they borrow to subsidy..
that is a difference..
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by mykeljosef: 6:03am On Dec 01, 2016
darknetcom:
normaly they borrow to subsidy..
that is a difference..
n you think they still don't borrow on small scale..huh..
if yes you're a clueless zombie

its not a problem if you borrowp money but rather than use it for subsidy invested it in social infrastructure


do you know what pumping the entire 15 billion into agriculture would have brought us by now...

it would have brought in more billions or at least between now n july 2017 we would have realized more money as a country



also with the additional #47 they make per litre you have any idea how much they realize daily... considering they wont have gotten that if we still operated under the previous subsidy
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by mrvitalis(m): 6:51am On Dec 01, 2016
mykeljosef:
ma fren shatap dere


the government would have one way or another gotten the $15b if the subsidy wasnt increased

the main ish here is if 15bil was not wasted on the subsidy where/what sector was it diverted to...N where r the improvement to show for it

dont tell me the money wasnt there in the first place.....or better still dont use the word SAVED


YOU CANT SAVE WHAT YOU DON'T HAVE
They manybe would have not pad salaries and and try to raise the money
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by darknetcom: 9:03am On Dec 01, 2016
mykeljosef:
n you think they still don't borrow on small scale..huh..
if yes you're a clueless zombie

its not a problem if you borrowp money but rather than use it for subsidy invested it in social infrastructure


do you know what pumping the entire 15 billion into agriculture would have brought us by now...

it would have brought in more billions or at least between now n july 2017 we would have realized more money as a country



also with the additional #47 they make per litre you have any idea how much they realize daily... considering they wont have gotten that if we still operated under the previous subsidy
and do know that we use about 80% of our money to maintain this useless democratic system??..
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by mykeljosef: 11:19am On Dec 01, 2016
darknetcom:
and do know that we use about 80% of our money to maintain this useless democratic system??..
useless Democratic systemhuh


imagine having buhari as our president ,vp, senate n speaker.... that should resolve the statement you made
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by cyberguy72(m): 2:10pm On Dec 01, 2016
MaziOmenuko:
The term 'saved' means by his actions, 15bil was not spent on subsidy, not that the money was existing and was supposed to be used for subsidy but was not used again.
Still the same thing Zombie.Where is the money?
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by cyberguy72(m): 2:15pm On Dec 01, 2016
agabusta:
Thank u for this apt explanation.
Nonsense! then Kachikwu should shut up and stop re-echoing it as if it would do the economy any good.
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by darknetcom: 10:14am On Dec 02, 2016
mykeljosef:
useless Democratic systemhuh


imagine having buhari as our president ,vp, senate n speaker.... that should resolve the statement you made
its too expensive..

look at facts,no only the word...
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by tinsel: 10:19am On Dec 02, 2016
I am getting confused everyday. I hear billions of dollars daily and we keep hearing no money. What is going on?
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by Splashme(op): 2:13pm On Dec 09, 2016
Atiku2019:
Savings that's not reflecting positively on the Economy of this Great Nation.




#Atiku
Re: FG Saves $15.4b From Fuel Subsidy Removal - Kachikwu by sekamykome(m): 2:55pm On Dec 09, 2016
MR!!!! then why are you borrowing up to $30billion tori olorun!!! ehen if you people had vision, you would have saved for the rainy days by now you should have at least $10billion then we can say okay we are borrowing 20billion, but as it seems, i suspect someone is not being totally honest!!! Just my thought though
1 2 Reply

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