Subsidy is back, Never left ? Goodmorning Nigerians

Nigeria i hail thee….. My major duty here is to bring to you every news, especially the ones the mainstream media wouldn’t be willing to tell you.

Subsidy is back – Remember he said subsidy is gone apparently he lied to Nigerians.

Have you wondered why the Petrol Price remained at N615-610 for months, even when the prices of crude keeps increasing in the international market?

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Chai, what a country where the Government lies to the people they are supposed to be leading and yet, same people would bw defending them….

NNPC received the sum of$275m from NLNG as dividends payable to Nigeria.

NNPC then used $220m out of the $275m to pay for PMS Subsidy.

Then, NNPC held back $55m, for whatever reasons best known to them.

This according to FAAC report….

Good morning Nigeria…

So in essence;

Subsidy removal, FAILED ❌
Floating of the naira, FAILED .❌
Unification of FX, FAILED. ❌

All in a space of 4 months.

About Author

Echezonam Ibezim Jk

A chemical engineer with cognitive flair for creative writing . He writes for fun and renders his reportage humorously to keep you entertained . His avid love for food inspires him the most as he hopes to make his blog a real entertainment hub.

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