Subsidy: Where The $10Bn That Would Have Been Spent On Fuel Importation? Falana

 

Fuel Subsidy: The $10 billion that would have been spent on the importation of fuel—where is it?
The naira, the exchange rate, has been devalued. So it's been eaten up by devaluation and other neoliberal policies of the government.

-Femi Falana (SAN), Human Rights Lawyer

#SundayPolitics

1 Like
Share

Re: Subsidy: Where The $10Bn That Would Have Been Spent On Fuel Importation? Falana by Validated: 12:04am
APC have stolen over N500 Trillions in the last 12 years. We need to remove them so that we can recover all the stolen wealth

Comments

Post a Comment

Popular posts from this blog

ATTENTION REALTORS: UPCOMING ASABA BOOTCAMP TEACHES YOU HOW TO BOOST YOUR EARNINGS BY 512%....OR YOUR MONEY BACK!!!!

Image
  Are you aware of the round-the clock demand for real estate and the massive business opportunities it presents?   Are you struggling to break into or grow in the real estate industry and looking for proven strategies and insider knowledge to start your successful real estate business?  Now, here is the chance for you………    (or a loved one) to learn in 6-days and start grabbing your share of this multi-billion dollar industry by leveraging decades of industry experience and leadership.   WHY YOU SHOULD ENROL TODAY   ✓  Learn Directly  from Top Real Estate Mentor and Guru, A highly successful and respected entrepreneur who has empowered numerous individuals to become multi-millionaires….   ✓  Copy And Paste  Grab never before exposed 5 little secrets to your first One Billion naira deal, and how you can apply them to blow up your business too (including the hidden place to find property buyers).     ✓  Know The 3...
Read more

Why We Floated The Naira by Central Bank of Nigeria (CBN) Governor Micheal Olayemi Cardoso - Politics

Image
  The Governor, Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has said that the apex bank under him took the bold step of floating the Naira in the foreign exchange market in order to bring the official exchange rate closer to market reality. About  three CBN Governors before Cardoso had toyed with the floatation option when they faced constant excess demand for foreign exchange and exchange rate pressures. They all abandoned the option due to fear of massive depreciation of the value and the contagion effect across the macroeconomic space. But Cardoso, speaking for the first time on his journey on the saddle so far and focusing on the turbulence in the financial market following his assumption of office a year ago, explained that the floatation policy was meant to address the disparity between the official and parallel rates which encouraged arbitrage and speculation, eroding trust in the market. While addressing members of the Harvard Club of Nigeria in Lagos at the week...
Read more

Photos And Videos Of The Commissioning Of The Bola Tinubu Barracks, Abuja

Image
  President Bola Ahmed Tinubu (GCFR) Commissions the accommodation and facilities in the newly constructed Bola Ahmed Tinubu Barracks which includes 16 Major General Quarters, 34 Brigadier General Quarters, 60 Major - Colonel Flats, 60 Lieutenant - Captain Flats, 180 Senior Non Commissioned Officers Block Flats, 264 Corporal and Below Flats. There are also worship centres, sports facilities and a power house in the Barracks. There is also a good road network, parking space and overhead/ground water tanks as well as hard and soft land https://x.com/DOlusegun/status/1882434869550059831?t=D3H2oi1uwB_mRcGktQYChQ&s=19 Video of the barracks. https://www.youtube.com/watch?v=_Ti-Bcz_P90?si=Vveweg3l1DWkPAc3 1 Like Re: Photos And Videos Of The Commissioning Of The Bola Tinubu Barracks, Abuja  by  naptu2 :  6:39pm Video of the barracks. https://www.youtube.com/watch?v=QCfGyLWVFT4?si=gb1Y3xY_SjesWcmH Daddy D.O.🇳🇬 @DOlusegun "While our FG is always ready to provide, what ou...
Read more