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Nairaland Forum / Nairaland / General / Politics / FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns (198 Views)
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FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by BeeBeeOoh(m): 8:52pm On Jun 14, 2022 |
The World Bank on Tuesday estimated that the increase in global price of crude oil will push the fuel subsidy budget of the federal government from the current N4trn to about N5trn by the end of this year. https://thewhistler.ng/fgs-spending-on-fuel-subsidy-may-hit-n5trn-by-december-world-bank-warns/
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Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Loxleyy(m): 8:53pm On Jun 14, 2022 |
Consumption is greater than production.... Nigeria needs total overhauling.... Like for Peter Obi. #HopeForNigeria. 1 Like |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Nwodosis(m): 8:54pm On Jun 14, 2022 |
It is only the orphanage presidential candidate that will understand this warning and take it serious!. |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by triple996(m): 8:54pm On Jun 14, 2022 |
FG will finally remove subsidy someday |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Sunofgod(m): 8:55pm On Jun 14, 2022 |
Wonderful.... |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Rastaramsey(m): 8:59pm On Jun 14, 2022 |
triple996: For sure bro.... Make them finish that dangote refinery.... Everybody go see film... |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by rayvelez(m): 9:01pm On Jun 14, 2022 |
We are still going to 10tr. |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by inoki247: 9:01pm On Jun 14, 2022 |
lol the next president go hear am him eyes go see shege... And dem still dey service loan like this.... |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Maxymilliano(m): 9:02pm On Jun 14, 2022 |
Every lies and deceit have got an expiry date ...
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Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Bomboiy: 9:02pm On Jun 14, 2022 |
And yet nothing to show for it. Like Obi rightly said, misappropriation of public funds is the biggest problem we have in Nigeria. I hope Peter Obi wins next year to right the wrong,we can't go wrong again. |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Urheadmaster(m): 9:08pm On Jun 14, 2022 |
triple996: But Buhari said he doesn't know the meaning of subsidy How are they going to remove what they don't know |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Simeon88(m): 9:28pm On Jun 14, 2022 |
Why is shame so far away from all these our politicians/leaders? Are they not embarrassed that we can't even maintain our refineries. And these shameless being will still travel to hang around world leaders and be forming watin I no no. And please don't tell me the refineries are dead because of subsidy because common sense will tell you that the money the govt is paying on subsidy can be channelled into keeping them running. The annoying part of the whole thing is all these cursed people littered everywhere that keep making excuses for these systemic failures for personal gain. This country need to start working. We need to generate enough electricity. We need to refine our crude. Ajaokuta need to work. The kids need to go and stay in schools. They shouldn't be seen with plates begging on the streets. We need to produce our food. Herdsmen from Libya or Somalia or cambodia or from hell shouldn't be allowed to just move in and out of our country as they please. It should be Nigeria first before any other thing. This country must work! |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by ValCon888: 9:36pm On Jun 14, 2022 |
Fuel subsidy is an excellent way to say "corruption" without actually saying the word corruption. |
Re: FG’s Spending On Fuel Subsidy May Hit N5trn By December - World Bank Warns by Achilles881: 2:56pm On Jun 15, 2022 |
But during Jonathan's time, buhari said their was no subsidy, and they even sponsored mass protest against Jonathan when he wanted to remove it in others to forestall corruption. So how can something that doesn't exist gulp such humongous amount. |
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