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BREAKING: Tinubu Considers Temporary Subsidy On Petrol - Politics - Nairaland

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BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Dpath: 4:32pm On Aug 15, 2023
BREAKING: Tinubu Considers Temporary Subsidy On Petrol

Click on the link below to read full details;

https://thenationreporters.com/2023/08/15/breaking-tinubu-considers-temporary-subsidy-on-petrol/
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by IVORY2009(m): 4:32pm On Aug 15, 2023
grin up
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by LagosFirstSon: 4:33pm On Aug 15, 2023
Mumu president

I said that before that Tinubu is doing initial gragra and the policies will boomerang.

Dem dey call am jagaban, he dey yeye himself .

7 Likes 1 Share

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Taylor90: 4:33pm On Aug 15, 2023
cool
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by saintopus(m): 4:34pm On Aug 15, 2023
That's not too good. Repair the refinery, that's what we all need. So simple

3 Likes

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by BoldBrainz(m): 4:37pm On Aug 15, 2023
saintopus:
That's not too good. Repair the refinery, that's what we all need. So simple

Do you know how long it takes to repair a refinery?

1 Like

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by 9jatriot(m): 4:38pm On Aug 15, 2023
... and how often we have tried and failed?

They should just sell them abeg.
BoldBrainz:


Do you know how long it takes to repair a refinery?

1 Like

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by seunmsg(m): 4:39pm On Aug 15, 2023
saintopus:
That's not too good. Repair the refinery, that's what we all need. So simple

This should be a temporary measure to avoid further price increase. Hopefully, it will be for a short period of time. Probably till Dangote and PH refineries will come on board or till when the exchange rate can be stabilized.

3 Likes

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Puss360(f): 4:39pm On Aug 15, 2023
Lol... It won't work... Fuel doesn't come directly from president to final consumer na ..
Even if they subsidise it, marketers won't allow the price to come down, coz that little subsidy will be their gain.... (Final consumer suffers)
Now if federal government uses strong hand on the marketer, then instead of price to reduce, they will hoard it, leading to scarcity of fuel... (Final consumers still suffers)..
It's better this way, coz as it is :-
1- Both marketers and consumers are suffering it coz since marketers can now import their fuel, they will sell the normal general agreed price. No unnecessary hike....and no government intervention...
2- Since the removal of subsidy NO MORE FUEL SCARCITY.... It's available just that no money.. but it's available.. and marketers can no longer hoard it because once imported, they will try and sell it off as fast as they can....

Price will come down ONLY when our indigenous Refinery starts operating full capacity, but until then, we will import and pay cost price and transportation price together

4 Likes

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Phoen1X: 4:39pm On Aug 15, 2023
Retrogressions on all fronts,..from niger to ,petroleum subsidy ,..maybe resignation will be next.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by BoldBrainz(m): 4:43pm On Aug 15, 2023
9jatriot:
... and how often we have tried and failed?

They should just sell them abeg.

When Atiku Abubakar outrightly said he was going to sell the Nation's refineries during the campaigns, the hyenas almost tore him to shreds. Those things should be disposed of, and at best, the government can have 20% stakes in each. Let private individuals and companies handle the repairs and operations.

1 Like

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by TotoGame(m): 4:49pm On Aug 15, 2023
seunmsg:


This should be a temporary measure to avoid further price increase. Hopefully, it will be for a short period of time. Probably till Dangote and PH refineries will come on board or till when the exchange rate can be stabilized.

It's certain Tinubu is clueless and confused, when a clown forces himself into a palace, he won't become a king nah! Rather he will turn the palace to a circus

Tinubu is a clown , Nigeria is now a Circus
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Racoon(m): 4:50pm On Aug 15, 2023
Hehehe! cheesy
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Racoon(m): 4:50pm On Aug 15, 2023
seunmsg:
This should be a temporary measure to avoid further price increase. Hopefully, it will be for a short period of time. Probably till Dangote and PH refineries will come on board or till when the exchange rate can be stabilized.
What became of the 2014 one-year, one-refinery promise of the APC? Why have the Warri, Kaduna and PH refineries not been functioning optimal despite all the embezzled TAM? Meanwhile, the Dangote refinery commissioned already is now probably waiting to be functional? See una life?

Sometime, one can't but just laugh @ your warped mentality to always defend the indefensible. Tinubu as illegitimate president remains a daft clueless, inept and incompetent fella. It were better if he remained the heroin sniffing drug baron he has been than to force himself on our national life with his stupid emilokan mentality.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by EmeeNaka: 4:53pm On Aug 15, 2023
Hmmm
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Againstallodds: 4:53pm On Aug 15, 2023
The way forward is to subsidize by 50% and Chanell the money to revive the refineries and when it start working well they can now remove it totally

1 Like

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by hegelian: 4:54pm On Aug 15, 2023
seunmsg:


This should be a temporary measure to avoid further price increase. Hopefully, it will be for a short period of time. Probably till Dangote and PH refineries will come on board or till when the exchange rate can be stabilized.

Na anywhere belle face una be.. No single mind of una own, always playing zombie..
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Putinofrussia: 4:56pm On Aug 15, 2023
Oh my! I don't like this..
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by gaby(m): 4:58pm On Aug 15, 2023
I warned you guys to keep the Kenyan news away from BATOlomeeewww..


Baba don begin to do copy and paste.

Tinubu go soon run leave Arsehole Rock enter him other country, Guinea....
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Osariemen12: 5:00pm On Aug 15, 2023
Mumu man.

He's unlearned and thoughtless.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Okwyjesus(m): 5:03pm On Aug 15, 2023
Dpath:
BREAKING: Tinubu Considers Temporary Subsidy On Petrol

Click on the link below to read full details;

https://thenationreporters.com/2023/08/15/breaking-tinubu-considers-temporary-subsidy-on-petrol/

I don't want subsidy am okay.
I bought half tank for 15k today and l will manage with or without AC.

Pls fix this country
Fix the decaying economy
Fix the broken unity
Fix the standard of living
Fix institutions of govt
Just fix this nation to be habitable
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by concreteaffairs: 5:11pm On Aug 15, 2023
grin
Agbado. Echoke grin
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Factoryfitted: 5:17pm On Aug 15, 2023
BoldBrainz:


Do you know how long it takes to repair a refinery?

But that should have been done first, among other things, before all these shenanigans people have been experiencing since he made those careless statements never minding the far-reaching implications on the economy
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by RoyalUc(m): 5:20pm On Aug 15, 2023
OK nah
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by gebest: 5:21pm On Aug 15, 2023
Allow refineries to work first before removing subsidy, increase workers pay first before removing subsidy, fixed the economy first before removing subsidy, that's how to run a government, but una own na to inflict the masses with severe pains first yet you guys cannot still fix the economy then you guys will now go back to your vomite.

1 Like

Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Landowner101(m): 5:22pm On Aug 15, 2023
This man is just confused, he knows nothing about government, what he specializes most is to snatch, grab, and run away.

Olodo president
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by gebest: 5:27pm On Aug 15, 2023
BoldBrainz:


Do you know how long it takes to repair a refinery?
refineries they have be reparing since Obasanjo regime up til now dem never still repair am finish
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Depriest2020: 5:43pm On Aug 15, 2023
So subsidy cabals wan win this war.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by 9jatriot(m): 5:47pm On Aug 15, 2023
Well, the truth is that what Atiku said was that he would sell NNPC.

Yes, I agree with the 20% stakes you mentioned. Inshort, if there is no one to buy the refinery, they should dash it and their workers out. It is a big drain on the nation for an unproductive venture like that.

BoldBrainz:


When Atiku Abubakar outrightly said he was going to sell the Nation's refineries during the campaigns, the hyenas almost tore him to shreds. Those things should be disposed of, and at best, the government can have 20% stakes in each. Let private individuals and companies handle the repairs and operations.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by Ola9ja23: 5:47pm On Aug 15, 2023
Temporary removal till Dangote refinery is running


Go one city boy
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by madscientist88(m): 5:48pm On Aug 15, 2023
this Nigeria issues,why can't we just buy refinery abroad? fairly use refinery in the us goes for about 3billion dollars or so, lots of refinery went bankrupt due to the advent of electric cars in America, building new refinery would cost close to 12 billion dollars in today Nigerian economy, buying refinery abroad could see us buying fuel at a lower price,im no economist but i know it would would be way more cheap than the price we are buying now.we already have oil tankers so bringing in fuel from abroad wont be an issue,this can even create japa opportunity for some Nigerians who want to work at the refinery plants abroad.advantage of this is we can save enough money to build our own refinery then sell that back, Nigerian refined oil (pms) could be sold to American's when they need it but at their pump price,it would even make sales more profitable and easy,i am aware of the taxation policies, these would be same with American owned companies,as long as ww dont violate their environmental policies, i heard they now use coal, because its environment friendly, Nigeria can resume mining coal in Enugu and kogi then transport the coal to the refinery using returning empty oil vessels to cut down cost.
Re: BREAKING: Tinubu Considers Temporary Subsidy On Petrol by BoldBrainz(m): 5:50pm On Aug 15, 2023
9jatriot:
Well, the truth is that what Atiku said was that he would sell NNPC.

Yes, I agree with the 20% stakes you mentioned. Inshort, if there is no one to buy the refinery, they should dash it and their workers out. It is a big drain on the nation for an unproductive venture like that.


😂.
Nobody is dashing anything please. And Atiku said he intended to sell the refineries and "unbundle" the NNPC, which to me was a fine idea, anyhow you slice it.

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