Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,453 members, 7,836,804 topics. Date: Wednesday, 22 May 2024 at 12:53 PM

Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC (20688 Views)

Minimum Wage: NLC, TUC Issue May 31 Deadline For Nationwide Strike / What Geo-political Zone In Nigeria Is The Soul Of Nigeria's Survival / Threatened Nigeria:integrity Deception (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by Adeolajude(m): 6:38am On Jun 12, 2023
Wow..what a breaking news. Hearing this for the first time
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by lizko(m): 6:56am On Jun 12, 2023
States, individual and more private group can bid for license and start building there smaller refinaries...just imagine a state in south south or south east teaming up to have there modular refinaries fore the benefits of the states and country.
loosecanon50:


The question is what can anyone do about it? Your guess is as good as mine...nothing.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by loswhite(m): 6:57am On Jun 12, 2023
Mahul:
One will wonder why the last administration refused to remove the subsidy, in spite their claimed fight against corruption if the Subsidy was such a big crime ?
Please Get a Professional Company Logo or Letterhead for Businesses for 2k only

pay on delivery
Drop us your Company name for your Logo
https://forms.gle/9qs8SaRWcbEJCJZU6
.
They were the ones stealing the crude oil.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by waploger(m): 7:11am On Jun 12, 2023
treesun:


https://punchng.com/fuel-subsidy-threatened-nigerias-survival-made-marketers-rich-tuc/

1 Share

Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by MrAmbrose(m): 7:18am On Jun 12, 2023
Good morning everyone.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by thisisit: 7:19am On Jun 12, 2023
Ahmed0336:
TUC will never seize to amaze me. Na now Una know?


STUDENTS OR YOUTHS PEACEFUL PROTEST.... POLICE AND ARMY WILL USE MAXIMUM FORCE TO KILL.

DEMONIC TRADE UNIONS (TUC & NLC )ARE.... IN FELA:S VOICE.. EGBEKEGBE....

IN A TOTALITARIAN STATE WHERE JUDICIARY TRADE JUSTICE FOR EXECUTIVE & LEGISLATURE IS RUBBER STAMP OF THE EXECUTIVE, THE MASSES ARE LEDT WITH ONLY OPTION OF ARMED STRUGGLE ...THE SUDAN OR LIBYAN MODEL.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by Olamlag(m): 7:20am On Jun 12, 2023
the question i have is when goodluck jonathan wanted to remove subsidy a lot of cabals were against it because it does not favour them, but now why is it that almost every cabal in town supports the removal? definitely they have more to gain by its removal.

1 Like

Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by ocloud(m): 7:34am On Jun 12, 2023
Drop your contact here. I don't have time to fill form
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by ocloud(m): 7:35am On Jun 12, 2023
Mahul:
One will wonder why the last administration refused to remove the subsidy, in spite their claimed fight against corruption if the Subsidy was such a big crime ?
Please Get a Professional Company Logo or Letterhead for Businesses for 2k only

pay on delivery
Drop us your Company name for your Logo.
https://forms.gle/9qs8SaRWcbEJCJZU6
.

Drop your contact here.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by djblue007(m): 7:35am On Jun 12, 2023
It's now I understand what most of the filling stations owners at our bother towns used to do. They bought fuel at subsidized rate here in Nigeria and imported it into the neighbouring countries to sell for a higher rate. In those bother towns there are many filling stations but hardly would you see them dispensing fuel.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by maasoap(m): 7:38am On Jun 12, 2023
VinnyBaba:


The Question this TUC spokesman should ask is, is there Anything Nigerians will gain from it's removal? sad

The Fact is: Fuel Subsidy Removal is to Favour Dangote and the Northern Hausa/FULANI Aristocrats
who have bought shares in his Refinery. 😕

With subsidy or no subsidy, Dangote refinery has nothing to lose. Do you even understand how this subsidy work at all?
And you don't have evidence that northerners invested in Dangote refinery more than southerners.

[b] Every Nigerian is Lining the Pocket of Dangote, anytime he/she buys a litre Fuel of N510. 😔😒
You are right. But remember that he's one of over 50 investors who obtained licenses to build privately owned refinery in Nigeria and only one industrialist who was sincere about it. He didn't stop the rest from establishing refineries
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by Gentew(m): 7:39am On Jun 12, 2023
VinnyBaba:


The Question this TUC spokesman should ask is, is there Anything Nigerians will gain from it's removal? sad

The Fact is: Fuel Subsidy Removal is to Favour Dangote and the Northern Hausa/FULANI Aristocrats
who have bought shares in his Refinery. 😕

Every Nigerian is Lining the Pocket of Dangote, anytime he/she buys a litre Fuel of N510. 😔😒

We're you and your family stopped from buying share in the refinery. Your failure to buy shares there is whose fault?
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by maasoap(m): 7:44am On Jun 12, 2023
nairalanda1:


You want Dangote refinery to sell fuel at a loss?

Plus, there are 5 other refineries, only one of which is owned by a Northerner. Then NNPC is repairing its refineries.

If Dangote does not make a profit selling fuel, his refinery will collapse. That is why subsidy has to go.


Ghana, Niger, even Cameroon sell fuell at expensive rates and have working refineries.
Subsidy doesn't have to go before Dangote refinery can make profit. He just wouldn't sell to Nigerian market directly, there has to be arrangement between him (Dangote refinery) and FG (NNPC) through which he would be getting whatever FG was going to pay as subsidy.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by joyandfaith: 7:45am On Jun 12, 2023
treesun:


https://punchng.com/fuel-subsidy-threatened-nigerias-survival-made-marketers-rich-tuc/

Nigeria customs are so impotent that they cannot stop smuggling of products out of the country but they have energy to impound vehicles, food items etc smuggled into the country. Nigerians are suffering because customs are inefficient and corrupt.

1 Like

Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by Advancedman(m): 7:55am On Jun 12, 2023
treesun:


https://punchng.com/fuel-subsidy-threatened-nigerias-survival-made-marketers-rich-tuc/

Na today nna know?
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by MISSCONGENIALITY(f): 8:08am On Jun 12, 2023
If other countries are benefiting from fuel subsidy, is there no way they will subsidise it only to Nigerians as were the product comes from?
Other countries subsidise somethings for their citizens and even make more money from foreigners.
Is there no way Nigeria government can come up with a process where by Nigerians can buy it less than what is sold in other countries. Why should we buy fuel at the same price with other countries where we export to.
We have it in abundance and nothing is preventing us from getting it at a very cheap rate except corruption.
After all, we won't still see where the money gotten from subsidy goes.
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by samwillyco1(m): 8:52am On Jun 12, 2023
Are these people not the once that revolted against GEJ because of the same subsidy removal
Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by kinguwem: 1:03pm On Jun 12, 2023
CodeTemplar:
Useless TUC heads. Corruption threatened and harrased everything good about Nigeria and not the best scheme ever done for the masses - petrol subsidy.

I wonder the project Tinubu is going to do that will have 1% the impact of the fuel subsidy. The man who is used to inflating projects and programming PPP arrangement to enrich his offspring years after he his gone can't do much good in my own estimate.
Still boils to down to poor governance. Who takes the fuel to neighbouring countries? Isn't it a failure of government officials esp. security agents & the Customs?
So sad that even the NLC & TUC are helpless. Who'll help the masses?

1 Like

Re: Fuel Subsidy Threatened Nigeria’s Survival, Made Marketers Rich — TUC by CodeTemplar: 1:06pm On Jun 12, 2023
kinguwem:
Still boils to down to poor governance. Who takes the fuel to neighbouring countries? Isn't it a failure of government officials esp. security agents & the Customs?
So sad that even the NLC & TUC are helpless. Who'll help the masses?
Only God can and will because the devil is the one behind unrelenting destroyers of our public life.

(1) (2) (3) (Reply)

Aregbesola, Ganduje, Osinbajo, Others Converge For Ajimobi's Remembrance / EndSARS: Banks To Rebuild Burnt Police Stations / Atiku Topple President Buhari As Most Engaging Political Leader In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.