Solozzo:
The simple story is that Jonathan had spent all the money on the election campaign and no more money to pay marketers. They now blame it on subsidy issues. How do you expect supplies when you owing them. Secondly too many ghost suppliers collecting millions without supplying fuels.

Solution is not to remove subsidy but a complete probe of the PMS supply and payment systems; revoke lice ces and prosecute and clean up the supply line. Then get foreign firms to build and run refineries at least ten in the next 8 years. Only foreign firms please. Nigerian govt will fail to maintain them and we back to square one.

exactly the crux of the matter

Solozzo:
The simple story is that Jonathan had spent all the money on the election campaign and no more money to pay marketers. They now blame it on subsidy issues. How do you expect supplies when you owing them. Secondly too many ghost suppliers collecting millions without supplying fuels.

Solution is not to remove subsidy but a complete probe of the PMS supply and payment systems; revoke lice ces and prosecute and clean up the supply line. Then get foreign firms to build and run refineries at least ten in the next 8 years. Only foreign firms please. Nigerian govt will fail to maintain them and we back to square one.

Really bro I honestly feel like buying you one bottle of Heineken for this post.

[s]

MORNDEW:

Amen. I gave you a like for this. I used to wonder the kind of reasoning the likes of barcanista, phockphockman abi na lashlash man, severusnape abi na several snake who constantly asked us to continue with the directionless, clueless and inhuman Government. Till i leave this forum i wont forget them for their skewed support of mediocrity becos of groundnut and peanut. Not forgetting the one dat goes by Tit. Dat one na boy we dey claim gal. May God serve them all they wished this nation.

[/s]

PhockPhockMan:

your name dey rili affect you.

otokx:
Truth is bitter, remove the subsidy and regulate the price after agreeing on the exchange rate to use.

tro mo light on ds xchange rate cos i dnt get it....

IcecoldDon:



You keep saying this as though everybody then against subsidy removal were fools or didn't have tangible economic and historical reasons for being against the removal.
Partial removal was accomplished with promise of using it to resuscitate the refineries. Even an attempt of this would have been most welcome....yet nothing, not a single bloody thing was done for 6 years to put them back on stream.
we had high crude prices for over 2 years that could also have been pumped into maintaining the whole system was embezzled.
You heap the blame on the people for wanting to eat their cake and have it without taking into consideration the historical and acute lack of trust and accountability between them and their leaders who expect them to take hits for them without any proof that it would actually be worth it.

Don't mind him!

IcecoldDon:



You keep saying this as though everybody then against subsidy removal were fools or didn't have tangible economic and historical reasons for being against the removal.
Partial removal was accomplished with promise of using it to resuscitate the refineries. Even an attempt of this would have been most welcome....yet nothing, not a single bloody thing was done for 6 years to put them back on stream.
we had high crude prices for over 2 years that could also have been pumped into maintaining the whole system was embezzled.
You heap the blame on the people for wanting to eat their cake and have it without taking into consideration the historical and acute lack of trust and accountability between them and their leaders who expect them to take hits for them without any proof that it would actually be worth it.

^^^^
Well said. I agree with some key points you have made.

Nigerians definitely do not want the current arrangement where importers are feeding fat of the system - of course the so-called subsidy on foreign fuel has to go. But the question of local production and refining has NOT been answered and this is where the opportunism of the FG has become so glaring. There are absolutely no guarantees that private local production and refining will take off as claimed by our government people here.

Please they should do us a favour and name those behind this fuel scarcity........ Mbok! am tire paying huge sum to get to my PPA
http://www.prestnaija.com/fuel-marketers-will-expose-behind-fuel-scarcity-conditions/