Racoon:
Humn! How did the DPR/NNPC arrived @ this figure? And how has this taken from the Nigerian nation as the fraudulent fuel subsidy or their subsidy under-recovery?

deetin:
At 150 per liter .. so what exactly is the government using these money or the profits to do ?

post=101539641:
This is massive mehn!

But what have they been doing with all the money being made since oil was discovered in Nigeria at Oloibiri in 1956?!

What is suppose to bring us everlasting joy and colossal development as a nation (just like UAE) is what is causing us so much pain and backwardness as a nation!

May God punish each and every politicians that have stolen from our oyel money.

The oyel we citizens supposed to be enjoying.
The stolen money will choke dem and their supporters las las.

No be curse,
Na FACT!

Esseite:
LIES....

- How did the consumption of petrol of increase from 30m litres of 2015, 38m litres of 2020 to 93m litres of 2021

- How can there be increase in petrol consumption when their is increase in poverty?

- How can there be increase in petrol consumption with lower buying power and price/litre over 70% of what it was in 2015?

- How can you have more increase in petrol consumption when you have more adaptation to technology?..

- How can you have more fuel consumption when you have more fuel efficient machineries?...

https://www.vanguardngr.com/2020/02/nigeria-consumes-38-2m-litres-of-petrol-daily-dpr/

maste:
The bulk of it is smuggled out of the country. Customs wake up.

chrisxxx:
In this country we will get it right any day we decide to do things right.
Do you know that the fuel use in Benin Republic all the way to Ghana are the supposed subsidized fuel from Nigeria?
Even from Niger Republic, Chad and Cameroon also enjoys Nigeria"s subsidized fuel.
One way to track this and possibly stop it is to ask for a specially dyed petrol from the refinery. We could ask that supplier dye our fuel green. Anywhere you see anyone dispensing green fuel outside Nigeria you then will know such fuel was snuggled.
This country has a lot of brilliant mind but corruption and nepotism have kept many out of the country.

post=101539641:
This is massive mehn!

But what have they been doing with all the money being made since oil was discovered in Nigeria at Oloibiri in 1956?!

What is suppose to bring us everlasting joy and colossal development as a nation (just like UAE) is what is causing us so much pain and backwardness as a nation!

May God punish each and every politicians that have stolen from our oyel money.

The oyel we citizens supposed to be enjoying.
The stolen money will choke dem and their supporters las las.

No be curse,
Na FACT!

lexy2014:


Story. They have speaking that grammar since d time of Adam and Eve as an excuse to increase pump price. As a solution, they have increased pump price to discourage d snuggling of d products. Despite d several increases in pump price, we keep hearing of how Nigerias fuel is being sold in Benin & Niger republics. Make we hear word abeg

post=101539676:

No Calculator fit calculate dat kind money o.
Na error error error go dey show for screen.
Lawd have mercy!

nijaomegacode:
How many people get car?

post=101539641:
This is massive mehn!

But what have they been doing with all the money being made since oil was discovered in Nigeria at Oloibiri in 1956?!

What is suppose to bring us everlasting joy and colossal development as a nation (just like UAE) is what is causing us so much pain and backwardness as a nation!

May God punish each and every politicians that have stolen from our oyel money.

The oyel we citizens supposed to be enjoying.
The stolen money will choke dem and their supporters las las.

No be curse,
Na FACT!

Esseite:
LIES....

- How did the consumption of petrol of increase from 30m litres of 2015, 38m litres of 2020 to 93m litres of 2021

- How can there be increase in petrol consumption when their is increase in poverty?

- How can there be increase in petrol consumption with lower buying power and price/litre over 70% of what it was in 2015?

- How can you have more increase in petrol consumption when you have more adaptation to technology?..

- How can you have more fuel consumption when you have more fuel efficient machineries?...

https://www.vanguardngr.com/2020/02/nigeria-consumes-38-2m-litres-of-petrol-daily-dpr/

RuudVanNisteroy:

2023 is just two years away- let them cash out in peace.

deetin:
At 150 per liter .. so what exactly is the government using these money or the profits to do ?

chrisxxx:

Bros u don't get it. If the price is increased in Nigeria it makes it more attractive to be smuggled. But once there is a way to identify Nigeria's fuel you will be surprised how the price they pay for subsidy will crash

alphaNomega:
What happens after 2023? You prefer to leave the thieves with 2 more years to keep robbing you. Nigerians are the most docile muthafokers on the planet

Temptee101:


Amen!

God should massively punish your darling daddy for all the billions he has stolen from oil since his days as the PTF chairman, even now he doubles as the dullard in chief and petroleum minister.

chrisxxx:

Bros u don't get it. If the price is increased in Nigeria it makes it more attractive to be smuggled. But once there is a way to identify Nigeria's fuel you will be surprised how the price they pay for subsidy will crash

adedehinbo:
let me tell u this,if Nigeria increase the fuel price here,it discourage smuggling as there won't be any gain in it again,if the price is higher than what Benin buys should they decide to import,they will shun Nigeria black markets

lexy2014:


How can increase in fuel pump price in Nigeria make d product more attractive in neighboring countries when PPPRA/FG says that increases in pump price is what actually makes d product unattractive in neighboring countries?

If u can identify nigerias fuel, will it stop d product from finding it's way to neighboring countries?

oshonky:
If only there was constant power, the level of pms consumption won’t be this high, anyway what’s my own

Nigeria Fuel Subsidies Near $300 Million a Month, NNPC Says
By Ruth Olurounbi and William Clowes
25 March 2021,
https://www.bloomberg.com/news/articles/2021-03-25/nigeria-fuel-subsidy-hits-nearly-300-million-a-month-nnpc-says