A sensible president will get into office study why Nigeria is subsidizing and take steps to make the subsidy go away by itself. By taking care of the refineries stabilizing agriculture to reduce food importation.

By the way, howfar porthacourt refinery??

Won't the president pay a surprised visits to the refineries?

Ohhhhh sorry how president is an old shaking man who can't stand straight.

Yet young promising Nigerians will be supporting such a person and you expect an 80 years old man to build a future for you and your kids in this century.

Shame on you agbadoriansssssssss

helinues:


We no dey blab like some people . No exaggeration, we get 80% accurate analysis about issue on this forum.

So pls try and KS as you don't know nada. Proof is below

https://www.nairaland.com/7170731/shettima-should-best-vp-tinubu

who are the "we" ? Could it be the same "we" I thought? Which survey gave "we" 80% accuracy? You guys are empty than we thought. Awon omo were, awon omo digbolugi.

If subsidy is back then there should be a corresponding decrease in the price of fuel.

Somebody is not explaining things to us clearly.

How can we subsidized something we produced?

Aren't we producing?

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

Well, Nigerians want fuel to be 39 naira per liter after all

helinues:


We no dey blab like some people . No exaggeration, we get 80% accurate analysis about issue on this forum.

So pls try and KS as you don't know nada. Proof is below

https://www.nairaland.com/7170731/shettima-should-best-vp-tinubu

who are the "we" ? Could it be the same "we" I thought? Which survey gave "we" 80% accuracy? You guys are empty than we thought. Awon omo were, awon omo digbolugi.

God2man2again:
If subsidy is back then there should be a corresponding decrease in the price of fuel.

Somebody is not explaining things to us clearly.

How can we subsidized something we produced?

Aren't we producing?

The landing cost of fuel passed the 1000 mark a few months ago, yet pump price is below 700 nationwide

That means there is a subsidy in place.

The problem is, fuel should be costing over 1000 or more by now without subsidy. As per the value of the naira is very high.

What you are asking for is a subsidy payment of over one trillion monthly

Idiotic mumu

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

helinues:


We no dey blab like some people . No exaggeration, we get 80% accurate analysis about issue on this forum.

So pls try and KS as you don't know nada. Proof is below

https://www.nairaland.com/7170731/shettima-should-best-vp-tinubu

. Who are the "we"? Which survey gave "we " 80% accuracy. The "we" with negativity inscribed on their brains. The "we" will not stop making fool of themselves. Awon were!

So why are we buying it at 650?

Biodun556:
Anything about subsidy would be over in 2 months time

Subsidy was gone on May 29, 2023 and another subsidy will be gone again in two week. It is like this subsidy has more than mine lives.

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

this is not the point, you remove subsidy with the claim that it is too expensive, yet you reintroduce it by paying more for it than previous govt, and yet the price is still about three times the previous price, while still lying to the masses with a straight face that subsidy is gone

nairalanda1:


The landing cost of fuel passed the 1000 mark a few months ago, yet pump price is below 700 nationwide

That means there is a subsidy in place.

The problem is, fuel should be costing over 1000 or more by now without subsidy. As per the value of the naira is very high.

What you are asking for is a subsidy payment of over one trillion monthly

Is it that difficult to refine crude oil in Nigeria? How do the oil bunkers refine theirs? Is it that the ones they refine are not good enough? If yes, where do they sell it?

If it's good enough, why can't we just ask them to register themselves and clean up their activities a little, that way we'll have a lot of these mini-refineries (I think modular refinery is what it's called), producing PMS for us... That way, the subsidy stuff will be reduced or totally stopped

Just wondering if this stuff is really as difficult as being portrayed

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

This are not being rational.

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

Will it be a crime for some of you to think logically? So stating the obvious is now view as complain in your coven?

helinues:
Claimed with no substantiation.

Hahaha, see clowns.

How much debt have we serviced?

How much have we borrowed?

All this hullabaloo is all about how Naira has been able to grain strength without government backing.

Emefiele was briefly questioned and released to give revelations about some important things.

Make una continue to dey beside the river bank and be waiting for the blinking of a crab

I blame the 40+ clowns that liked your brainless noise. Someone that don't own a bicycle and hardly buys fuel is talking down on an oil mogul lol with years of industry experience. The internet is a leveler sha

helinues:
Claimed with no substantiation.

Hahaha, see clowns.

How much debt have we serviced?

How much have we borrowed?

All this hullabaloo is all about how Naira has been able to grain strength without government backing.

Emefiele was briefly questioned and released to give revelations about some important things.

Make una continue to dey beside the river bank and be waiting for the blinking of a crab

Oga, that man has a long list of fuel stations and you're not even qualified for a Pump Attendant.

You stay in your poverty stricken enclave writing rubbish about a very successful man.
.

garykoeman:
Ibo with fake news and propaganda.

You are very stupid

helinues:
Claimed with no substantiation.

Hahaha, see clowns.

How much debt have we serviced?

How much have we borrowed?

All this hullabaloo is all about how Naira has been able to grain strength without government backing.

Emefiele was briefly questioned and released to give revelations about some important things.

Make una continue to dey beside the river bank and be waiting for the blinking of a crab

At this point, this is no longer politics you're playing. You're a disturbed young man and you need the swift services of a Psychiatrist.

If the subsidy is back it means the petroleum marketers a buying from NNPC(Sole importer) at N250 or less per liter.

Why are Nigerians paying almost N700 per liter at the pump?

The means that the consumers are the once paying the subsidy and not the government.

The govt only pays the subsidy at the point of bulk purchase and recoup the subsidy paid from the marketers. The marketers then recoup the subsidy from everyone of us that buys petrol.

The government fooled all of us.

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.

You reintroduce subsidy, they still complain.

You head is empty!
How much are Nigerians now paying for fuel? Something we use to buy for 195 is now selling for 600 to 700 & to think they are now paying higher subsidy for it, u expect people not to complain? You are daft!

RodgersAkpafu:

You are very stupid

Are u okay.

truth is bitter to u.

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

The problem is not nigeeians but deceptive government.

Why will you tell Nigerians that subsidy is gone when you know that it's not gone?

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

you should blame the brainless president for doing something of crucial calculations

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

You see why most of una no day get sense, reintroduced when everything has felling apart, price of fuel is higher than that of some Asia and European countries, with minimum wage not able to cater for such demands, and if the power sector was ok it would have been a little better, try day use sense talk or shout up , do you know the cost of running a generator for six hours everyday

odinaccess:
How much come remain inside budget ....

Someone said here if each Nigerian is given 1m naira gov won spend pass 250b ... I just dey laugh

helinues:
Claimed with no substantiation.

Hahaha, see clowns.

How much debt have we serviced?

How much have we borrowed?

All this hullabaloo is all about how Naira has been able to grain strength without government backing.

Emefiele was briefly questioned and released to give revelations about some important things.

Make una continue to dey beside the river bank and be waiting for the blinking of a crab

Your idiocy is on another level if you think that the nominal gains of the naira, which is still at a negative is without government backing.


How slow can one be...

To even think you guys are celebrating a nominal improvement is even more shamelezz.

Lizzysamuel:
Dear Agbadorians,

Sychophancy isn't same as Patriotism.

Stop confusing yourself with the two.

As a patriot, you should always demand for accountability from your leaders and not move like sheep

True but stop with the name calling it makes you look stupid

They should have just left things as they were.
Now they have caused double problems.

Yampotatocarrot:


Is it that difficult to refine crude oil in Nigeria? How do the oil bunkers refine theirs? Is it that the ones they refine are not good enough? If yes, where do they sell it?

1.The price controls inherent in fuel subsidy prevent domestic refining of petrol. That is why some of us want subsidy gone

2.Fuel refined illegally is bad for one's car and bad for the environment of the communites, and yes, damm too risky.

If it's good enough, why can't we just ask them to register themselves and clean up their activities a little, that way we'll have a lot of these mini-refineries (I think modular refinery is what it's called), producing PMS for us... That way, the subsidy stuff will be reduced or totally stopped

Regulation means that the cost of refining fuel by the 'illegal entities' is going to go up. LIke now, upgrading their equipment just to meet NESREA standards is going to cost them some money. Not conducive to their business model.

Just wondering if this stuff is really as difficult as being portrayed

It is simple. Remove subsidy totally, good refineries will spring up like weeds in my farm (okay, not a good analogy, but I guess you get the point ).

People have not been interested in licit refining because right now, if I had a legal refinery , I cannot be refining fuel at over N1000 per liter, and then come and sell it at N700 to market. Am I ment.?

Close your dirty mouth. You removed subsidy to push petrol price from 185 to 600. Only for you to reintroduce the same subsidy to peg petrol at 600 and you do not see any reason to complain. No be dust full your brain?

Godfullsam:
Nigeria and Nigerians are very difficult to govern.

You remove subsidy, they complain.


You reintroduce subsidy, they still complain.

Why do some people talk like morronns

Why should anybody tell FG how to spend its dollars and fix an exchange rate for it(FG)

Na wa o

Haaland21:


Noise maker, is it your money?
Can you pay 1300 per litre?

Go and rest. Keyboard warrior

Mumu. Let the price go back to 165 per liter. Do you even have a generator? Shepple!