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Nairaland Forum / Nairaland / General / Politics / Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers (26100 Views)
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Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 4:29am On Apr 30, 2015 |
BrokenTV: I DONT UNDERSTAND WHY YOU ARE AGAINST SUBSIDY?. SUBSIDY HAS ALWAYS BEEN THE ONLY BENEFIT THE POOR MASSES GET FROM THE FED GOVT.... WHY R U SO WICKED? IF U R PRIVILEGED, WHY CANT YOU PITY THE POOR PEOPLE AROUND U.? KEROSENE IS VERY IMPORTANT FOR THE RURAL DWELLERS. HOW CAN THEY AFFORD A LITER WITHOUT SUBSIDY? pdp should bury their head in shame for destroying our economy. pdp destroyed our refineries to create avenue for subsidy scam. PAST MILITARY HEAD OF STATES, THE SO CALLED BAD GUYS HAS NEVER LEFT OUR REFINERY AND POWER SECTOR TO DECAY. 3 Likes |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by alt3r3g0: 4:31am On Apr 30, 2015 |
Given further breakdown of the the N156 billion, she said government has committed to pay N100 billion as IOUs as well as the interest rate differential of N56 billion. Really smart 3 Likes 1 Share |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by kawkab: 4:33am On Apr 30, 2015 |
In January 2012 when GEJ removed fuel subsidy, all hell was let loose by the opposition, labour union and civil society groups. If we had allowed subsidy to be removed then, by now the forces of demand and supply would have come into play in the reduction of pump prices of fuel. 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by wengerjay(m): 4:36am On Apr 30, 2015 |
OK now |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 4:58am On Apr 30, 2015 |
kawkab: U R VERY SENTIMENTAL TO GEJ AND REGION OR TRIBAL THINGS. UR SUPPORT FOR SUBSIDY REMOVAL IS COS OF UR SENTIMENT ON GEJ OR PEOPLE OF SOUTH. EVEN WICKED REGIME LIKE ABACHA, DIDN'T REMOVE SUBSIDY. IF U HAVE BEEN TO NIGER DELTA VILLAGES, U WILL KNOW THAT THE ONLY BENEFIT THE LOCALS GET FROM GOVT. IS SUBSIDY. ..... FORGET HOW MUCH THEY PAYING TOMPOLO AND DOKUBO; PEOPLE R SUFFERING IN THE VILLAGES. INCREASE PUMP PRICE BY 10 NAIRA WILL LEAD TO 100 NAIRA INCREASE IN PRICE OF GOODS AND SERVICES. mean pdp destroyed our refineries to create vacuum for oil contracts and subsidy scam as well as political empowerment to selected greedy few. 3 Likes |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by winodey(m): 5:20am On Apr 30, 2015 |
Photos: Michelle Obama stuns in blue dress at White House State Dinner |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 5:23am On Apr 30, 2015 |
What is subsidy?...... ....seriously subsidy has to be repudiated because the money been invested in paying the greedy marketers should be put into the creation of our own indigenous refinaries or rather we export crude oil to be refined then we pay with the by products of the crude.....I'm dissapointed that leaders fail us.do they think we are fools or what?....I pray..GMB come and change te changeable 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Babzrockman: 5:28am On Apr 30, 2015 |
Everything topics discussion would all be related to the President-elect. Let dis man be until he fully occupy the seat as president. Then u may start challenging him. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 5:28am On Apr 30, 2015 |
profeth: THANK YOU. WHY CANT WE PAY FOR FUEL WITH CRUDE OIL INSTEAD OF CASH? THESE VULTURES NEED THE RAW CASH. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by BrokenTV: 5:30am On Apr 30, 2015 |
PDPmamapiss:I will respond to you when i have the time. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 5:31am On Apr 30, 2015 |
idupaul:to buttress your point, its just away to cast away the little remaining fund. Pple shuldnt be surprised if contracts are awarded on the handing over day. We are all praying for the day nigerian politician will realise that equal distribution of wealth is the only way they can leave a good life with peace of mind. 2 Likes |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by oxalistic: 5:33am On Apr 30, 2015 |
Good |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Burger01(m): 5:33am On Apr 30, 2015 |
BrokenTV:So, what has the clueless government been doing not making the refineries to work? You can see the conspiracy and sabotage on part of the government. They are benefitting from the subsidy and so they wont give a hoot if the refineries work or nat. Ogbeni, subsidy must go and the refineries will be put in order. 2 Likes |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by VolvoS60(m): 5:45am On Apr 30, 2015 |
Burger01: ^^^^ There is a subsidy on imported fuel. Agreed. The landing cost on Nigerian shores of a litre of refined PMS from Venezuela, Norway, Iraq or wherever is definitely above N87 or N97 or whatever price of the month we are being charged for it. The figures are on the PPRA website - the landing cost as at yesterday was N114.76. By the time distribution margins (totalling N15.49 as at yesterday) are factored in, the cost per litre of imported fuel stood at N130.25 as at yesterday, 28th April 2015. The government foots the bill for the difference between this so called 'open market price' of N130.25 and the pump head price of N87. But is there a subsidy on locally produced and locally refined fuel? This is a question that the government has refused to answer clearly. After several years of controversy on this matter, successive Nigerian governments have refused to come clean on exactly how much it costs to drill and refine a litre of fuel here in Nigeria. Why is it so hard to release this information to Nigerians in a clear and unambiguous manner? Because if the cost per litre of locally refined PMS (plus distribution margins) is less than the pump price of N87 or N97 or whatever, then there is NO subsidy on locally produced fuel, plain and simple. This is the information that has been carefully hidden from Nigerians for donkey years. The Obasanjo government hid this information. The Jonathan and Yaradua governments also hid this information. Why? Because access to this information will raise questions as to WHY these governments refused to build local refineries and instead chose to enrich private interests through opaque fuel import license agreements. Fuel import licence agreements that give jobs and revenue to norwegian, venezuelan and iraqi governments and citizens. Fuel import licence agreements that give jobs and revenue to international shipping companies to move refined petroleum products to a country (Oh! Nigeria!) that has the raw crude sitting right under her soil. Fuel import licence agreements that enrich global oil traders like glencore. If there is indeed a subsidy on locally produced fuel then the government should prove it with facts and figures if they can. The truth will make us free. 10 Likes 3 Shares |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by 247notire(m): 5:54am On Apr 30, 2015 |
PDPmamapiss:Senseless post
|
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Pavore9: 5:57am On Apr 30, 2015 |
Subsidy should go! kenyans pay over N200 per litre on petrol still transport fares are cheaper in Kenya than in Nigeria! |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Nobody: 5:58am On Apr 30, 2015 |
'Buhari will not inherit fuel queues because the country has enough reserves to last for 27 days' say the clueless govt but the last time Nigerians checked, Buhari's govt won't begin within the said 27 days, meaning the acclaimed reserves will be exhausted before Baba assumes office, yet he wont inherit queues! Talk about ineptitude! 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by hamilton62(m): 6:05am On Apr 30, 2015 |
MARKone:Yes, that is the solution even OBJ knew that, the problem is implementing the process... these cartel sabotage govt efforts in doing it... they have tap root that needs to be excavated. 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by tunnary(m): 6:05am On Apr 30, 2015 |
nw hes acting fast, wat for |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Burger01(m): 6:09am On Apr 30, 2015 |
VolvoS60:Guy, simply put, millions of dollars are being raked in from this subsidy scam. Like I said, subsidy is nothing but money siphoning conduit for the thieving cabals. What baffles me is how and why precedent governments had refused to put our refineries in shape..except of course that benefit few pockets in the government and their alibabas. I don't trust this government. What I want to see is total hauling of our refineries by naija engineers. We have resources capable of putting the refineries back to shape BUT the cabals won't allow for that...they can't allow for truncation of their subsidy scam.. Subsidy must go...and go ASAP 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by ziccoit: 6:09am On Apr 30, 2015 |
GEJ who had no shoe always love people to undergo some sufferings before he does the needful. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by otokx(m): 6:12am On Apr 30, 2015 |
kpez: We have the wrong people in government as ministers 1 Like |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Israel5(m): 6:13am On Apr 30, 2015 |
oscarjulliet:lie 4rm hell. He is God allowed. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Israel5(m): 6:15am On Apr 30, 2015 |
If i ws GEJ, i wunt do anythng gud 4rm nw cos all wil nt b appreciatd. Mscheww.. #zooms to work.. |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by XBLadez: 6:15am On Apr 30, 2015 |
Burger01:If you remove the subsidy it will affect the marketers and as well labour |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by nzeobi(m): 6:20am On Apr 30, 2015 |
MARKone:See how you are making it easy without talking about deregulation as was done in telecommunication |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by Burger01(m): 6:21am On Apr 30, 2015 |
XBLadez:Then something must be done. Subsidy hasn't been helping us..No? |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by XBLadez: 6:21am On Apr 30, 2015 |
searider post=33260002[s:Don't allow hate becloud your common sense of reasoning! If the FG had kept silent and allowed this scarcity trauma to linger, with all the queues and traffic bothering our road, you yourself would still come out yell "clueless" |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by XBLadez: 6:23am On Apr 30, 2015 |
Burger01:What I mean is, you'd be causing unemployment to a lot of people - the marketers and their employees as well. The subsidy has to stay |
Re: Fuel Scarcity: FG Pays N156bn Fuel Subsidy Claims To Marketers by MizMyColi(f): 6:24am On Apr 30, 2015 |
Burger01: Did you support it in 2011? Just asking... 1 Like 1 Share |
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