“So, if you are projecting for the full year, from January to December, it will be N6.715tn. If you are projecting for half a year, it will be 50 per cent of that, 3.375tn. I said earlier in the recommendations that we sent to parliament for consideration on MTEF is half-year, that will be N3.357tn.”
The minister stated, “Fuel subsidy is the difference between the pump price which is now fixed at N165 and the landing cost which we are projecting at an average of N448 per litre in 2023. Even now, the cost is around that. “So, the PMS subsidy we are carrying today in the nation is around N283 per litre; that is what we are carrying. So, it is the difference between the pump price and the landing cost of petroleum products in the country.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
segunobat This Nigeria finance minister eehhh ZShamsuna waiting e all this type of financial lies na?
Hummn!4Naija2survive,subsidy must go.Bicam legislature shd become unicam.Mthly rem'tion by any1 in any govt arm mustn't be more dan N1m gross.Only psycho-tested person must hold public offices.All proven corrupt'n cases must rec d 'Ghana 1-way' treatment.Only a 1-term appointment
No more fuel subsidy.D bicam legislature must be reduced 2 unicam & p/t.D remuneration of any1 in any arm mustn't be over NGN999,999.All corrupt public officials must be given d 'Ghana 1-way' treatment.Only psycho-tested pers shd be appointed/elected in2 a 1-term public office
U meant FG steals that amount everyday. What a corrupt & heartless regime!
Dubious leadership full of deception, God will judge all of you!
LOOTER IDENTIFIED
It is not true. Daily consumption figure highly inflated.
Madam you be thief
The best way to remove the Petroleum subsidy is to remove/ reduce the emoluments of political office holders ,repair our refineries and governance. EKD
Dislike to see this woman's face
What a man can do, this woman can do best- stealing is not corruption!
No wonder, Kemi Adeosun was removed from this government so that you can perpetrate this heinous crime against humanity. History will never ever forgive you for turning Nigeria to a failed state
This is the worst minister of finance nigeria has ever had,she should take some levitation ngozi iweala and demi adeosun
If you like spend 1 billion Dollars daily, I'm very sure that by fire by death you will all vomit every kobo stolen from our treasury. ole ajibole.
This money can lift 10000 person daily out of poverty by giving 1800000 millions for microfinance businesses. There is no how 1000 person out of this number will not employed at least 2 person to join in the business. Inwhich 2000 are employed. Save NIGERIA!!
This woman is more corrupt than Madam Madueke o o. Who are the people behind this woman doing things with impunity ?This government will come to and end ,then you will account for all these fraud you're committing. If you like follow Bubu to Niger republic his country,
Mehn!! This woman really cashed out in this their govt…
Scammers in government
This country is almost finish make God help us
Women girl friends in Buhari government.
After the government removed subsidy on diesel and kerosine? So paying subsidy on petrol alone is still taking N18.397bn daily. Haba!!! Small small now....Have mercy on common man on the street now.
Interesting..!! Really interesting..
The next gvt should arrest this apc leaders and ministers with their respective family..... What nonsense is this what do you people take us for ?
How could this be true? What have we as a country done to you guys? This figures are outrageous. 18b to clear bush, 17b to train 117 youths and 18.4b for petroleum subsidy daily....God what have we done so wrong to buhari and his cabinet? God arise in your anger for our sake pls
All our minister knows is to spend, approve funds, no idea in generating revenue. May God deliver this nation from all these lazy minds, rubber stamp people. They are only best in defrauding the nation. They lack what it takes to move the economy forward. God have mercy on us.
Something is really wrong with the analysis here..
We need our fuel subsidy untouched
This woman na thief
This woman has failed woefully
Who are the people receiving this subsidy? But no money for education. Clueless government prove themselves worthy of that title everyday. MBuhari we are tired of you being tired in office. BuhariMustGo
When GEJ begged us to stop subsidy in 2012 majority refuse now we are the one that will beg for it to be removed. This administration will send Nigeria to bankruptcy
it's you and your co fraudster that can explain where our collective wealth is going, we have refineries you refuse to let it work and keep the staff and paying them salary, by the time a true Nigeria who loves his country assume office you will all pay.
History won't forget you....
The money heist, APC version is legendary.
This announcement makes less or no meaning at all. Encourage FG to restore our Refineries.
'ARMI ROBA'!
🥺🥺🥺🥺🥺🥺🥺🥺🥺🥺😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝 hmmmm 2023 election money must come from somewhere nah
okay nah why we don broke Shey?
Criminals everywhere
It is well Madam
This woman ehnnn 😂😂😂😂
On how many litres of fuel?
This woman's face is a representation of our looted treasury. Worst finance minister Nigeria ever had
All this money? And she is saying it with convictions! Her face is bad news for nigerians...nothing good coming out of her everytime you see her face is bad news...$$$$?...nada.
These people are real Apa
Diezani Alison-Madueke Pro Max!
Subsidy that has been removed? Chai this administration sha. You people told Nigerians of subsidy removal. Anyways I'm not surprised. This govt fed school children during lockdown in 2020. Tifs in goment
Una sha wan finish this country patata bfr una comot for power
18.397bn*365days=😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭
Finance minister my foot
God bless Nigeria
Did she say daily?
Thunder fire that your mouth. APC told us subsidy was a scam before they got to power. Now they spend ₦18.397 bn daily on petrol subsidy and Buhari is the petroleum minister. Bunch of deceitful people, chronic thieves masquerading as political leaders.
Swears aye oniro o ni da
Awon osinwin eniyan 😂
🤣🤣🤣
Zubaida zubairu we're a Heard
Some still want to reward Tinubu for bring disaster Buhari to gov't for destroying Nigeria economy, Tinubu should be apologising to Nigerians not rewarding him with presidency
Bunch of criminals everywhere in Nigeria politics, all they do is to steal and be fabricating figures they can't even count.
Is that what they are looting every day
Do your calculations
The all time criminal in nigeria is this woman
DAILY 😩pls someone should Wake me Up pls.
How much is now the cost of production per day?
Nigeria is a scam 💔💔💔
Omo! Una be werey o! Make una use this money dey run daily giveaway for us.
Why be sey na now all of them know dey wom give how much fg dey spend Something is fishy
Wonder shall never end
Nigeria is a crime scene. APC and Buhari administration are band of thieves.
You don't mean it
When you think you have heard the worst…. Another one comes effortlessly from this inept government. 2015 lies on subsidy from this same government. Average Nigerian is now in short supply. Just the very rich vs the very poor! God save us
Jezebel of our time
Daily....ha🤔🤔🤔🤔
This administration lasan. God help us o.
Aaaaahhhh! Your lies will never end.
Is this true, this money can do many things for us in other area
Her only job as a minister to come and be telling us the BILLIONS they’re spending not generating or investing 🤔😡
Make una sell this country abeg. Na until we die before una go sell am?
And so?
😭🇳🇬
You said wetin?😅
This figures from this woman de pain my eye as I de vex so
Tragic....
This woman don drain Nigeria. She has really chop belle full. She will be thanking Buhari for his bad government.
😲😲😲 O ni gbese
Anytime I see this woman …e dey do me make I stone her till she pa*s out
WorldBank
Wats all dis now!!!!
The loot that will be recovered from APC will be more than what we have recovered from Abacha.
This woman can lie ehn...
After APC government, the number one person that needs to be probed is this olodo woman!
Jesuuuuu
Zoo Country Will Not Stop To Shock Themselves PeterObiIsComing
I don't understand. Daily as in every day or what?
Who is using this petrol?
All that these guys need to do now is to put knife on the neck of all Nigerians... The economic coma this govt has put the country is unbelievable!
Please vote wisely, because I am tried for fools talk
Everyone will be rewarded accordingly... Amen 🙏🙏🙏🙏🙏🙏
😂😂😂
Na waoooooooooo
Thieves
tired of seeing this woman face 😡
Fire burn the petroleum minister
Peter Obi is the next President of Nigeria