ebukajay184:

https://www.youtube.com/watch?v=Z8Xg4dcevVY

My Friend Got Tired Of Making Money From Fuel Subsidy, Begged President To Stop It — Former Bauchi Governor Isa Yuguda (Video)

This is part of our problems. Imagine this charlatans

The Northerners have finished this country pata pata

Matrixoba:
Can your country at least refine its products?
Do we need to import what we can easily produce?
Working refineries=no subsidy, and your leaders know that

Yes we can so long as the refineries make a profit doing so

Which subsidy was not allowing

Key word,selling at a loss

TOMMYS:


Very apt. So can you explain to us why the 3 refinery we have has not work for years despite the fact that monies have been budgeted and disbursed?.

Simple. They were not making enough money because subsidies forced them to operate at a loss.

Only if you know list of illegal projects backed by law in Nigeria government parastatals reason why it is difficult for EFCC to easily prosecute politicians.

oluseyiforjesus:
In a sane country this man will produce dat his friend n both of them will be charged to court, but in Nigeria na yahoo yahoo boys dey dey charge to court if he no settle them.......

imbless:

But when GEJ wanted to remove it, ur Tinubu kicked against it!!
GEJ regime was the best time to remove the subsidy, tell me what APC government policies have achieved since they took over? at least una no dey buy fuel at lesser price than people from other regions, inflation is not hitting only one region, it's going all round, bad governance is like the rain, it pours on good and bad.

Considering it was under GEJ that my eyes were opened to how evil subsidy was, you are talking to the wrong person.

Complain to the actual APC support,not me.

Pandora peter obituary

Inosky:
The people that campaigned against subsidy removal were the same Thieves milking the country and saying subsidy is gone and removed. And they're cabal and untouchable because they're still in power.

Crãzy and highly corrupt country.

Exactly.
The people who opposed it years ago, are the one taking credit from trying to remove it now.
Lopsidedness.

If your friend get tired of making money it means he extended the looting lottery ticket to you too. Stricter measures need to be used in stopping this evil form of corruption, it is so criminal.

SOME PEOPLE DON'T KNOW THE IMPLECATION OF THEIR UTTERANCES

oluseyiforjesus:
In a sane country this man will produce dat his friend n both of them will be charged to court, but in Nigeria na yahoo yahoo boys dey dey charge to court if he no settle them.......

How about the president they asked to stop it?

nairalanda1:


Considering it was under GEJ that my eyes were opened to how evil subsidy was, you are talking to the wrong person.

Complain to the actual APC support,not me.

Buhari under APC government removed subsidy on Kerosene, diesel and cooking Gas, what did they achieved with the money? Tell me whether it reflected on Nigeria's economy or Nigeria's reserve? Their policies inflicted more poverty on the citizens because they are corrupt to the core! They removed the subsidy and loot it, then they put Nigeria in debt by borrowing .
Tinubu under 1month has borrowed twice despite removing subsidy on Pms, devalue naira and increased prices of fuel.
Where exactly are they channeling the money saved from subsidy removal to?
Have you seen any positive changes in Nigeria's economy under administration?

imbless:

Buhari under APC government removed subsidy on Kerosene, diesel and cooking Gas, what did they achieved with the money?

Paid for the fuel subsidy, no less.

This is apt. Thanks for your submission.

greenandy:

Multiple religious and ethnic mix failed Nigeria. Europe that created Nigeria does not allow multiple ethnic and religious country in Europe because such countries fail at last. The 3 Swiss groups agreed first on a formula.

Since the late 1980s, Europeans have dissolved all the once multi ethnic and religious countries in Europe, like Soviet Union, Yugoslavia, Czechoslovakia, etc.
Europeans have refused Turkey membership of the European Union because of religious differences.

But cheap cash from crude oil makes small minded Nigerian politicians stick to an impossible Nigeria they know can never work. The country has become the poverty capital of the earth.

Babatunjo:
I am typing this with tears in my eyes.
Nigeria is gone.
I supported Tinubu but the analysis I am hearing recently is very sad.

Subsidy was started to put money in the hands of the big men of those days, subsidy is also being removed now to put more money in the hands of the rich and big men of Nigeria of today.

Such a sad situation for my nation and the masses who are so gullible.

Watch closely and you will see clearly the game called Nigeria.


It's sad.

Pls.its too early to weep. Wait till 3yrs of his rule then come back and speak up based on your personal experience. Everybody gonna reap what they sow, it's how the universe operate, that principle cannot be broken, you elect a bad leader cos of sentiment, you will suffer along with your children and no one will come to your aid, that's you reaping more than you sowed.
The effect of the removal of fuel subsidy will actually start by july. See you then!

nairalanda1:


Paid for the fuel subsidy, no less.

And GEJ government wasn't paying fuel, kerosene and cooking Gas subsidy while making sure naira wasn't devalued by 300-400% and the prices of commodities not rising by more than 400% ?
Make una dey try to dey tell una sef truth sometimes!! Tueh!!

tyinfinity:
Pandora peter obituary

He is leaving rent free in ur head, despite eye neck selecting ur Tinubu, u still dey call obi's name.

Babatunjo:
I am typing this with tears in my eyes.
Nigeria is gone.
I supported Tinubu but the analysis I am hearing recently is very sad.

Subsidy was started to put money in the hands of the big men of those days, subsidy is also being removed now to put more money in the hands of the rich and big men of Nigeria of today.

Such a sad situation for my nation and the masses who are so gullible.

Watch closely and you will see clearly the game called Nigeria.


It's sad.

With your analysis bro, can you share with us how the removal of fuel subsidy will put "more money into the hands of the rich and big men of Nigeria"? People like you can easily get brainwash by ISIS OR BOKO HARAM. Have you ever sit and think it that why is the removal of fuel subsidy in Nigeria affect them in our neighboring countries? Bro dey use your 99

Northern Nigeria is the most corrupt region in Nigeria, many be not believe this but one day it will show .

imbless:

And GEJ government wasn't paying fuel, kerosene and cooking Gas subsidy while making sure naira wasn't devalued by 300-400% and the prices of commodities not rising by more than 400% ?
Make una dey try to dey tell una sef truth sometimes!! Tueh!!

Okay, take over Abuja and reinstate the subsidy. I won't oppose you, I don't like APC anyway.

Babatunjo:
I am typing this with tears in my eyes.
Nigeria is gone.
I supported Tinubu but the analysis I am hearing recently is very sad.

Subsidy was started to put money in the hands of the big men of those days, subsidy is also being removed now to put more money in the hands of the rich and big men of Nigeria of today.

Such a sad situation for my nation and the masses who are so gullible.

Watch closely and you will see clearly the game called Nigeria.


It's sad.

Jokers

jchioma:
Life nor balance walai!! Someone is making so much and doesn't even know what to do with it; while some others are scrambling for crumbs that fall from any table. My brother, In this life, try know something or someone ... and make good use of the opportunity very well.



All is vanity was the richest man on earth in his days E get why! Rather be wealthy and wise enough to know that though we brought nothing to the world, what we take out of it is our rich experiences. The 'wise' shall enjoy the fullness of life.

You are a wise man.

Subsidy or what ever has not gone away.
They said ,they have removed subsidy.
Because its crashing the economy.
Now they are bringing palliatives program to ease the effects which the removal of subsidy have caused.

Now what is the difference between subsidy and palliative?

Money is allocated to the both right?

oluseyiforjesus:
In a sane country this man will produce dat his friend n both of them will be charged to court, but in Nigeria na yahoo yahoo boys dey dey charge to court if he no settle them.......

Someone that exposed a crimal will be charged to court too? What sort of sanity is that?

lexy2014:


which kind lie be this?

who gets tired of money ...when em no be jesus

oluseyiforjesus:
In a sane country this man will produce dat his friend n both of them will be charged to court, but in Nigeria na yahoo yahoo boys dey dey charge to court if he no settle them.......

But do we have a country in the first place?

[quote author=Evolutionlove post=124057725]

That's It. It's simple.

It's the sole reason why No man born of Woman on this earth can Impress me with Material Things because i surely know how you got them.

When you are guys are ready. You all know what to do.

But for now, Keep living with your Fears and Romancing them.

No one on earth will willingly give you everything you want peacefully. You know the right thing to do. Ire oOo.[/quotei

I guess you imply taking to violence. Well, violence is never the answer, history has shown that.
It may take a while, but we'll surely get there, buddy.

nairalanda1:
.

No it was not. Subsidy was an ultimately misguided plan to keep fuel prices cheap for the poor. It did not work because it fouled up the profit making ability of the petroleum sector, and messed it up to the point that we lost domestic refining, and ended up with large deficits.

If there was no subsidy or if it had been removed since...we would have had domestic refining, been exporting oil to every country in west africa for profit, and we would have had more and more jobs.

Your problem is you think that business people earn money to put in their pockets. They have tax to pay, staff to pay,etc.

A lot of the profits resulting from the removal of subsidy are going to salaries to pay...ordinary Nigerians like you and me.





If you were running a business, would you sell at a loss, so that you could help the poor?

You won't , so why expect that from the oil sector. ? We lost four refineries, and got years of corruption and mismanagement because of trying to sell cheap fuel to help the poor.

Anyway, whoever you voted, they would still have removed subsidy. If we kept the subsidy, its cost would have been 14 trillion this year. Our budget is 20 trillion. That 14 trillion would have come from our budget...leaving a hole that needs to be filled...by loans.

And as things stand, we cannot take any more loans right now. DMO is shouting that we are all loaned up, and the IMF is looking at us one kind.

I beg to differ. If subsidy continued lets say when Dangote started to produce from his refinery he could still make profit. All that would happen is that Dangote would charge his price, the price he would be profitable, for his fuel to NNPC. The NNPC would pay that price then sell the fuel at the subsidized rate(unprofitable price) price to Nigerians. The NNPC would then ask for the government to give them their losses or the subsidy payment.

But then again I could be wrong since those refineries were state-owned, different dynamics could be at play.

cvn22:


I beg to differ. If subsidy continued lets say when Dangote started to produce from his refinery he could still make profit. All that would happen is that Dangote would charge his price, the price he would be profitable, for his fuel to NNPC. The NNPC would pay that price then sell the fuel at the subsidized rate(unprofitable price) price to Nigerians. The NNPC would then ask for the government to give them their losses or the subsidy payment.

But then again I could be wrong since those refineries were state-owned, different dynamics could be at play.

It won't. The problem with subsidy is the pump price is set below production price and subsidy can't sufficiently cover the difference

Thanks for politely disagreeing with me

Agbadocassava:
In 8 years time you won’t have any reason to japa again, Tinubu is here to right the wronged…

In the next 8 years u shall be part of what Nigeria turn out to be .

Friend of a thief is a
THIEF