Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,160 members, 7,953,606 topics. Date: Thursday, 19 September 2024 at 08:29 PM |
Nairaland Forum / Nairaland / General / Politics / Removal Of Petroleum Subsidy: In Whose Interest? Live (19305 Views)
Breaking!! No Fuel Subsidy In 2016 - Federal Government!! / Senate Approved N143bn For Fuel Subsidy In 2015 Budget / No Provision For Fuel Subsidy In 2015 Budget (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (15) (Reply) (Go Down)
Removal Of Petroleum Subsidy: In Whose Interest? Live by scopusng(m): 10:23am On Dec 22, 2011 |
Debate of the Removal Of Petroleum Subsidy: In Whose Interest? Live on Channels Television now. I could see Iweala and Mr.Sanusi (CBN governor) Ray Ekpu, Femi Otedola, Alinko Dangote, Agbakoba, Isah Aremu, the yoruba man from the north,Mr. Jakande, Ben Bruce, Femi Falana in attendance. let see how they will discuss our future. http://channelstv.com/global/live_video.php |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:24am On Dec 22, 2011 |
Channels TV online:: http://channelstv.com/global/live_video.php |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by scopusng(m): 10:26am On Dec 22, 2011 |
Seun front page pls. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:33am On Dec 22, 2011 |
Ngozi Okonjo-Iweala: not an attempt to persuade but an attempt to supply the facts. 1) What is the subsidy? |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by scopusng(m): 10:34am On Dec 22, 2011 |
Igozi Iweala opening speech now with her fact. This woman sef. Watching anyway. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:37am On Dec 22, 2011 |
"Landing cost of imported PMS is N123 approx, add cost of distribution N15, comes to N138 appox" NOI |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:38am On Dec 22, 2011 |
If GSM sector had not been deregulated, we won't have 80 million phone lines instead of 465,000 lines. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by sheyguy: 10:39am On Dec 22, 2011 |
ss and se |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by scopusng(m): 10:40am On Dec 22, 2011 |
I dey laugh Igozi Iweala in my native language. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:40am On Dec 22, 2011 |
Why cost of subsidy doubled in the last year. 3 reasons: 1) Amount of PMS we consume has increased substantially. 2) Price of oil increased 3) Kerosine subsidy |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:42am On Dec 22, 2011 |
Fuel subsidy benefits rich people more because they own more cars, generators and other fuel guzzling possessions. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Mobinga: 10:42am On Dec 22, 2011 |
Seun: Outstanding Bullshit coming from this Lady. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:43am On Dec 22, 2011 |
Subsidy is why refinery license holders have not had the incentive to build refineries. Not economical. They believe the huge amount can be used to help poor people in better ways |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 10:44am On Dec 22, 2011 |
She made reference to the cost of crude and that of pms, but I would be more convinced if anyone can give an accurate cost breakdown of the diffwrence btw crude and pms, and how is there linkages btw this product prices, and what the precise relationship is btw the two product price movement. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:46am On Dec 22, 2011 |
Borrowing to remove subsidy is bad, and they've been forced to do that. In Africa, only algeria and libya have lower prices than Nigeria. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 10:47am On Dec 22, 2011 |
Mobinga: Keep quiet. Whats bull shit in what she said? |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by scopusng(m): 10:47am On Dec 22, 2011 |
Iweala said there a lot of smugglers on our petroleum products What is the government doing about smugglers? |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:47am On Dec 22, 2011 |
Oil producing countries that charge less than nigeria have much less population than Nigeria. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 10:48am On Dec 22, 2011 |
scopusng: crap |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 10:48am On Dec 22, 2011 |
Listen objectively instead of concluding she is talking crap. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:48am On Dec 22, 2011 |
Barrels per person in Saudi Arabia 9776. Nigeria 223. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:49am On Dec 22, 2011 |
Even after subsidy, fuel will still be quite cheap relative to most African countries and oil producers. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by omaojo1: 10:51am On Dec 22, 2011 |
Seun: Shame on Ngozi for thinking Nigerians don't have brains. How has the 75% non-subsidy revenue been used to better the masses' lot. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 10:51am On Dec 22, 2011 |
She is making some vague technical analysis (chart) on other oil producing courtier, what d heck has barrel of oil per person has to do with anything? Do they share it to us. Why don't she try comparing minimum wage of these countries she is quoting and that of Nigeria and then see their ratios and that of Nigeria? |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:51am On Dec 22, 2011 |
Oh oh. They want to spend the resources on social safety nets. That's worse than a fuel subsidy. |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 10:54am On Dec 22, 2011 |
lol at trust govt yet they still do promise and fail |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by pheesayor(m): 10:54am On Dec 22, 2011 |
the president will spend 1 billion on food alone and he wants us to buy fuel higher, bunch of thieves. The money, energy and time spent on subsidy would have been spent doing better things |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 10:55am On Dec 22, 2011 |
All this crap about using the savings on youth vocational training, reducing child mortality yada yada yada! Haven't we heard this b4? Can't we do this without removing subsidy? If we can't what happened to the funds meant for this? Shouldn't we be going after those funds were ever they are or whoevers pocket they are? |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 10:56am On Dec 22, 2011 |
Iweala should shut her mouth No one is saying subsidy should not be removed. ALL WE ARE ASKING FOR IS FOR REFINERIES TO REFINE OUR OIL before the subsidy is removed This woman is comparing Nigeria to Libya Saudi Arabia etc when these countries have their own refineries Who does she think she is telling those B.S. Does she think everyone is silly ? telling use about cost of fuel higher in Nigeria than in Saudi, Madam it is because they have aramco oil which has refineries all over there country SMH. keep deceiving Nigerians |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by pheesayor(m): 10:57am On Dec 22, 2011 |
I recommend you all read this article I posted here https://www.nairaland.com/nigeria?topic=827931.msg9792506#msg9792506 It'll open your eyes to see more |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 10:58am On Dec 22, 2011 |
is there really a subsidy wow ! |
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 10:59am On Dec 22, 2011 |
ALL WE ARE ASKING FOR IS FOR REFINERIES TO REFINE OUR OIL before the subsidy is removedIf you had the money, would you invest in a refinery selling fuel at less than 50% of the cost of production? |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (15) (Reply)
Nigeria Islands And Location / Tinubu- Planned National Conference Is Deceptive & Diversionary / Amina Ali Undergoes Medical Examination, Meets Gov Shetima. See Photos
(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. 28 |