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We Have No Money To Import Fuel — Marketers - Politics (6) - Nairaland

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Kachikwu, Others Worry As Fuel Marketers Halt Importation / Marketers Plan To Import Fuel Without Subsidy Payment / FG, Fuel Marketers Agree To End Fuel Scarcity Next Week. (2) (3) (4)

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Re: We Have No Money To Import Fuel — Marketers by chillex8(m): 8:40am On May 24, 2015
BlackHuman:
"The Subsidy revenue will be used for other national projects"-REALLY?....We all know better dan dat. The main underlying issue with day subsidy issue was-TRUST....People didn't belive or trust that the GEJ administration would use d money from subsidy removal for infrastructure. And who can blame dem?, his administration oozed of corruption and was non-transparent.

Point noted. Did we allow them? NO.

Check to see the projects financed by SURE.P.

Buhari will remove subsidy instantly and I will see what Nigerians have to say.
Re: We Have No Money To Import Fuel — Marketers by Akposkool(m): 8:42am On May 24, 2015
onatisi:
thunder and lighting fire your life and body and scatter them. When gej said no more subsidy ,didn't u protest against him with ur stupid occupy this occupt that? Na 13k u just spent ,u go still buy 20lts for 25k.once again thunder fire and strike u 10times
why are you spewing hypocrisy on this thread? Please just die
Re: We Have No Money To Import Fuel — Marketers by hucienda: 8:47am On May 24, 2015
Reference:


Even if you have a hundred refineries working if you sell below international rates as we are paying now, the cheap fuel will simply find its way to international markets and we will end up subsidizing the world a.k.a throwing our resources away. And by the way it will still be scarce at home. We will remain as thin and haggard as subsistence farmers who cannot afford to eat their produce.

The decision of the out-going government to indirectly force the subsidy issue to the front burner is a commendable one. The government has no beauty contest left to attend. It can say it as it is. This rot called subsidy just has to stop. The public must realise it is short-changing itself and right pricing is the only way to slow the bleeding of the nation's treasury. We must understand that in times of lack whether on a personal or national level you don't pamper yourself with excesses, you work hard, make sacrifices and most importantly drop bad habits of which the fuel subsidy regime is perhaps the worst.

Well said.
Re: We Have No Money To Import Fuel — Marketers by 4C2215131: 8:48am On May 24, 2015
NoMoreTrolling:
I am ready to buy fuel initially at 150 naira per liter for this subsidy to go far, far away.

Infact, up it to 180 per liter with no scarcity ever again in the history of the country and I'll pay. At least we could still be productive and ration things out.

With subsidy removed though, I don't even think prices will get that high.

Bottom line, remove subsidy NOW!!

No more this person is owing that to this person, nmba, no!

Just import the fuel and we will pay full price untill the refineries start working abeg, too much shakara, mtcheww!


You echoed my thoughts.
Re: We Have No Money To Import Fuel — Marketers by Reference(m): 8:49am On May 24, 2015
Horlufemi:
a Maize farmer harvested hectares of maize and sold all his harvest.

He then went to the market to buy pap(ogi), corn flakes, boiled corn and roasted corn to feed his family.

That is quintessential foolishness.

That is the case of Nigeria. The farmer is Nigeria, the maize is crude oil.

We are in trouble.

That is not foolishness, it is wisdom. You are the one who needs wisdom. This line of jaundiced thought is so typical of Nigerians with their 'entitlement' mentality that robs them of the attitude of responsibility necessary for development. You my friend are not a farmer nor have the attitude of a farmer or businessman.

When you start your business kindly do not pay market prices for the goods and services you consume from your enterprise and let's see whether you will not end up like Nigeria. Reprobate people. The US is the largest producer of wheat. They formed the NewYork and Chicago mercantile exchanges which essentially sets the world prices of wheat and other essentials meaning the average US farmer knows that he gets international prices for his wheat and the US Confec. Industry buys there. Americans pay for American produced commodities at international prices. It is the producers that are incentified to produce more. Consumers are taxed upon the 'real' prices they pay. That is how to develop. So go farming the right way pal.

Shell's refineries in the US buy crude at international prices even though the US is the second biggest producer of crude. Why don't they subsidize. Black man and his ways. Chop, clean mouth and blame everyone else for tomorrow's poverty. Bloody entitlementists.

3 Likes

Re: We Have No Money To Import Fuel — Marketers by samx4real(m): 8:54am On May 24, 2015
chinnyonwu:

no offence but where did you keep ur sense?
what about the full subsidy paid during OBJ and YarAdua.? why after removing the susbsidy in part we still ran into this problem? stop blaming marketers. use ur fucccking brain.
God r pple on nairaland so deficient in basic reasoning.?




Another yabaleft online! People are saying remove subsidy... You are still here assuming!




Now where is ur brain?

1 Like 1 Share

Re: We Have No Money To Import Fuel — Marketers by Nobody: 9:00am On May 24, 2015
buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!! shocked shocked
Bloody lies.... is it 500 Naira per liter now??, Dont call that Name " JESUS" in vain..... Oil marketers are mostly Yorubas and hausas and you are holding Goodluck responsible, if they know they are doing clean and true business why are they afraid of subsidy removal, they will bring empty Tanker and connive with their cohorts to get paid by federal government.
Re: We Have No Money To Import Fuel — Marketers by umarc19: 9:00am On May 24, 2015
DollyParton1:


I don't see this being solved in a week, it will last for 2weeks at least, except if Buhari is a true magician.

Atleast we do have hope.
Re: We Have No Money To Import Fuel — Marketers by Chinom(m): 9:01am On May 24, 2015
Thieves !! Remove the damned subsidy. Another 1 month and Nigerians will get used to paying N150 per Liter. Let us pay more instead of giving that subsidy money to corrupt fat cats.

1 Like

Re: We Have No Money To Import Fuel — Marketers by Nobody: 9:01am On May 24, 2015
free2ryhme:
angryYes. Nigerians should rise in unison against these scammers called MARKETERS. If there are not importing why are independent marketers selling fuel. Where are they lifting fuel? Most Major marketer has got fuel to sell in the past three weeks. Even some Majors are selling fuel at N300/Litre. This is fraud and you still want to be paid subsidy. Their Licences should be withdrawn and the general public should rise against them. Enough is Enough. Outlets of Forte Oil/MRS/Mobil/ sell fuel at N250/Litre. Fuel is available in their fuel tanks and some of them refuse to sell.
Re: We Have No Money To Import Fuel — Marketers by anytexy: 9:02am On May 24, 2015
buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!! shocked shocked
you are a dead man already. what do you know about subsidy? Ignoramus tout!
Re: We Have No Money To Import Fuel — Marketers by samx4real(m): 9:03am On May 24, 2015
Reference:


That is not foolishness, it is wisdom. You are the one who needs wisdom. This line of jaundiced thought is so typical of Nigerians with their 'entitlement' mentality that robs them of the attitude of responsibility necessary for development. You my friend are not a farmer nor have the attitude of a farmer or businessman.

When you start your business kindly do not pay market prices for the goods and services you consume from your enterprise and let's see whether you will not end up like Nigeria. Reprobate people. The US is the largest producer of wheat. They formed the NewYork and Chicago mercantile exchanges which essentially sets the world prices of wheat and other essentials meaning the average US farmer knows that he gets international prices for his wheat and the US Confec. Industry buys there. Americans pay for American produced commodities at international prices. It is the producers that are incentified to produce more. Consumers are taxed upon the 'real' prices they pay. That is how to develop. So go farming the right way pal.

Shell's refineries in the US buy crude at international prices even though the US is the second biggest producer of crude. Why don't they subsidize. Black man and his ways. Chop, clean mouth and blame everyone else for tomorrow's poverty. Bloody entitlementists.



Bros! So what are u saying?



Let them continue paying for subsidy & keep importing product or What are u saying?
Re: We Have No Money To Import Fuel — Marketers by Nobody: 9:04am On May 24, 2015
OrlandoOwoh:
GEJ will end up making Buhari a hero. Baba is going to address the problem in his first week as President.

grin grin grin grin

CC: chessboard

Re: We Have No Money To Import Fuel — Marketers by Temptee101(m): 9:04am On May 24, 2015
No fuel, no power, no salaries, no job, no good roads, no president, no country etc. What have Nigerians done wrong to deserve this?
Re: We Have No Money To Import Fuel — Marketers by revolt(m): 9:04am On May 24, 2015
[quote author=BlackHuman post=34043669] Well, if US isn't buying our.oil- then Buhari couldn't hav come at a better time,....in tough times like dis, we don't need someone stealing d little remaining or $20billion going missing. [/quote DEREGULTING THAT SECTORS WOULD HVE CUSHIONED THE EFFECT OF US ECONOMIC ATTACK ON NIGERIA. ATLEAST AS U CAN SEE, our telecoms sector is still thriving. AND WERE STILL AFRICAS BIGGEST ECONOMY.
Re: We Have No Money To Import Fuel — Marketers by princejayboss: 9:07am On May 24, 2015
dearpreye:
It's really sad that we're are subjected to this level of stress and suffering just to get fuel to power our vehicles and generators. The pains are really depressing. The queues are so long and burdensome.

However, it's time we realise that there's NO gain without pain. As hurtful as it may be, subsidy isn't sustainable, and must go.

GEJ tried to do this back in 2012, but we resisted and protested against it. Today, the cycle of pain is still with us. Subsidy must go!

A true test of character will be revealed by the GMB will handle this sensitive matter. After pandering to his broom wavers for some time, he will still have to face the reality. Subsidy must go!

The easiest way is not necessarily the best way. Prepare ahead. Be proactive.


YOUR GMB EVEN SAID THEN THAT SUBSIDY WAS NOT EXISTING.... HOW DO HE STOP WHAT HE BELIEVED THAT IS NOT EXISTING... NIGERIAN CITIZENS GAVE THE ROOM TO ALL THIS.... MORE IS COMING .... THERE ARE WAR BETTER FOUGHT WITH PEN THAT TERRORISM.... GMB GO LEARN THAT HE CAN NOT RUN THE COUNTRY WITHOUT OIL INCOME WHICH IS ABOUT 95% OF OUR CAPITAL INCOME... PREDICTIONS HAVE IT THAT OIL PRICES WILL DROP IN JULY AS IRAN RELEASES ITS STOCKED CRUDE .....NIGERIA GET READY FOR MORE
Re: We Have No Money To Import Fuel — Marketers by princejayboss: 9:10am On May 24, 2015
bettercreature:
Look at this fools posting as if na today Nigerian government started paying subsidy,you fools should tell us where GEJ kept all ourmoney,GEJ has finally bankrupt Nigerian,this stupiit president spent all our money on his stupid election,GEJ where is our money?


Clap for yourself Yeye man
Re: We Have No Money To Import Fuel — Marketers by hustla(m): 9:11am On May 24, 2015
Why are we importing fuel in the first place?

That is the question we should ask

12 years and refineries are not in proper condition, how much will it take to build new ones?
Re: We Have No Money To Import Fuel — Marketers by princejayboss: 9:14am On May 24, 2015
CHESSBOARD:

Bloody lies.... is it 500 Naira per liter now??, Dont call that Name " JESUS" in vain..... Oil marketers are mostly Yorubas and hausas and you are holding Goodluck responsible, if they know they are doing clean and true business why are they afraid of subsidy removal, they will bring empty Tanker and connive with their cohorts to get paid by federal government.


Thank you my brother .... GEJ everything but one day will come when we shall wish if we had supported him .... It's only in Africa and Nigeria will people listen to unattainable promises from the formal left wing and still vote for them .... without oil money we are nothing
Re: We Have No Money To Import Fuel — Marketers by hustla(m): 9:16am On May 24, 2015
dROC1:
people are missing the key issues here.

1. The marketers are not magicians, they cannot lift fuel free of charge if GEJ refuses to pay them.
2. Is Nigeria so broke that it can't pay marketers as agreed? Recall that part subsidy has already been removed in 2012.
3. If GEJ fixed or built refineries over the past 6 years, there would be no talk of subsidy today.
4. Why are government workers and oil marketers suddenly being owed monies after elections?
5. Are refineries worth the trillions paid to their cronies as subsidy?

6. Removing subsidy only abdicates govt's responsibility and let's the masses bear the cost of subsidy instead of building refineries which they refuse to do for selfish reasons.
7. imagine the economic impact of foreign exchange spent on importing feul when we could produce and refine locally.


In conclusion, GEJ's govt simply refuses to pay marketers as agreed to punish Nigerians or is Nigeria too broke to pay? (I don think so).
Subsidy removal is welcome but only after the government fixes our refineries.



Wherever you are, may God bless you for these points
That is all!
Re: We Have No Money To Import Fuel — Marketers by VolvoS60(m): 9:16am On May 24, 2015
dROC1:
people are missing the key issues here.

1. The marketers are not magicians, they cannot lift fuel free of charge if GEJ refuses to pay them.
2. Is Nigeria so broke that it can't pay marketers as agreed? Recall that part subsidy has already been removed in 2012.
3. If GEJ fixed or built refineries over the past 6 years, there would be no talk of subsidy today.
4. Why are government workers and oil marketers suddenly being owed monies after elections?
5. Are refineries worth the trillions paid to their cronies as subsidy?
6. Removing subsidy only abdicates govt's responsibility and let's the masses bear the cost of subsidy instead of building refineries which they refuse to do for selfish reasons.
7. imagine the economic impact of foreign exchange spent on importing feul when we could produce and refine locally.

In conclusion, GEJ's govt simply refuses to pay marketers as agreed to punish Nigerians or is Nigeria too broke to pay? (I don think so).
Subsidy removal is welcome but only after the government fixes our refineries.


^^^^
Good. I agree with some of your points. You need to challenge the 'free marketers' and propaganda merchants on here and keep them honest.

In the world of these people, it makes sense for Nigeria to import expensive, dollar-priced refined petroleum products instead of building refineries here. To this day, our free marketers and propagandists have refused to state exactly how much it costs to produce and refine a litre of petrol, diesel or kero here in Nigeria. Why?

Some of the propaganda merchants tell us the government has no money to build refineries. The question then arises: where does the government find money to pay for the subsidy, year after year? Couldn't that money have been used over the past 10 years to build refineries instead, while at the same time winding down or phasing out this fuel importation racket?

Some of the propaganda merchants tell us that the government should not build new refineries because of corruption and mismanagement. Okay. Then I propose that the government should dissolve or privatize the police, the army, CBN, universities, public research institutes, ministries of works and housing, hospitals etc. After all, these public organisations are also corrupt and poorly managed, right? We should remove all subsidies on university education, health and other public services. That's more efficient, right?

Instead of Nigerians to demand that their governments live up to their responsibilities i.e. cleaning up regulation, prosecuting offenders and stamping out corruption and graft - some of us prefer to focus exclusively on market driven solutions. angry This will not work in our environment - an environment with poor or weak institutions. We will simply end up with Russian style crony capitalism - and to be honest - we are already there. There is a reason why Russia is sometimes described as "Nigeria with snow". undecided

The so-called 'privatization' of the power sector highlights the point well. After a convoluted, well publicized privatization exercise - the GENCOs and DISCOs today claim they are broke. angry The CBN had to arrange a multibillion Naira bailout (let's call a spade a spade - that CBN guarantee is a bailout, full stop angry) for beneficiaries of a privatization exercise. Isn't that a moral hazard? Isn't that a subsidy of sorts? undecided Welcome to privatization and reform - Nigerian style.

We know what to do. Whether we have the guts to do it is another matter altogether.
Re: We Have No Money To Import Fuel — Marketers by free2ryhme: 9:16am On May 24, 2015
grin

GEJ gave us fuel subsidy as welcome gift and now fuel scarcity as parting gift.
Re: We Have No Money To Import Fuel — Marketers by hustla(m): 9:17am On May 24, 2015
AfricanGod2:
Nigerians, didn't clueless Jona tell una that fuel subsidy no dey sustainable? Shey una listen? Now everyone is crying make we troway subsidy as if Jona no talk am b4. I cry in Swahili

Why were the refineries not repaired?
Why do we have to export then import
Re: We Have No Money To Import Fuel — Marketers by chax100(f): 9:18am On May 24, 2015
Why can't the government pay the marketers? Have they stolen and used all the money for elections? Why couldn't they use money accrue in SURE-P account for this payment. Do we really have someone in charge of this country at the moment? A special prison for SURE-P boss.
Re: We Have No Money To Import Fuel — Marketers by hustla(m): 9:19am On May 24, 2015
onatisi:
thunder and lighting fire your life and body and scatter them. When gej said no more subsidy ,didn't u protest against him with ur stupid occupy this occupt that? Na 13k u just spent ,u go still buy 20lts for 25k.once again thunder fire and strike u 10times

No be the same Nigeria we dey?Why u dey shout like iiiidiot
Re: We Have No Money To Import Fuel — Marketers by PreciousBro: 9:20am On May 24, 2015
These Marketers are not making things easier for us too,the masses, they are all bunch of thieves.

Waste of a country!
Re: We Have No Money To Import Fuel — Marketers by revolt(m): 9:20am On May 24, 2015
chinnyonwu:

but full subsidy was sustainable for 8yrs under OBJ? and the few years under YarAdua. and after partial removal we still came to this.
the protest was simple. Plug the leakages.. not putting the brunt on the masses.
WOW!!! SO DUMB POSTS LIKE THIS STILL exist, ie subsidy believers.......so hwmuch was a barrel o oil during obj tenure? 150$......plus US was buying cos of the gulf crises. NOW the US has stopped buying at 50$ even and ure comparing. OUR GOVT EXPENDITURE IS SATANICALLY EXPENSIVE. GOVT EVEN DUBSIDIZES ALARIES
Re: We Have No Money To Import Fuel — Marketers by revolt(m): 9:21am On May 24, 2015
chinnyonwu:

but full subsidy was sustainable for 8yrs under OBJ? and the few years under YarAdua. and after partial removal we still came to this.
the protest was simple. Plug the leakages.. not putting the brunt on the masses.
WOW!!! SO DUMB POSTS LIKE THIS STILL exist, ie subsidy believers.......so hwmuch was a barrel o oil during obj tenure? 150$......plus US was buying cos of the gulf crises. NOW the US has stopped buying at 50$ even and ure comparing. OUR GOVT EXPENDITURE IS SATANICALLY EXPENSIVE. GOVT EVEN SUBSIDIZES SALARIES OF CIVIL SERVANTS. THAT DO NOT MAKE NY SINGLE PROFIT. GEEZ WHAT A COUNTRY.
Re: We Have No Money To Import Fuel — Marketers by hustla(m): 9:24am On May 24, 2015
lanreni:


So you think its that simple? Remove subsidy now and get ready to buy fuel at 1,000per litre. The cabals will only turn their insatiable appetite to defenseless Nigerians. The ONLY way is to run refineries in Nigeria, by Nigerians. Let's see the explanation anyone can give for the cost of production at your backyard. Why do you think Dangote made an agreement with Clueless jonah to sell his own when it begins production at foreign market price, it becomes cheap when you produce locally. Thats less profit! The first assgnt of GMB is not to remove it, but settle these gluttons temporarily, get our refineries working and selling cheaper. Stop subsidy. Establish a framework of regulation and hands-off. We are about to have a president finally with balls to stand against cabals to see it through in this way, bringing a lasting solution. The cabals know this. That's why there are trying to get everything they can get now...desperate drowning cabals cling on anything. Even as it is now, you won' t believe how cheap fuel should be. No thanks to corruption.


Spot on bro!
Producing in our refineries could drop the prices to as low as 40 naira per litre but that means some people wont chop from the decadence of our refineries.
Re: We Have No Money To Import Fuel — Marketers by Nobody: 9:25am On May 24, 2015
buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!! shocked shocked
Thats a good deal...its 12k for 25 litres in V/I...where did you buy yours?
Re: We Have No Money To Import Fuel — Marketers by rogerz: 9:28am On May 24, 2015
It was subsidy and now scarcity

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