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Nairaland Forum / Nairaland / General / Politics / FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai (40392 Views)
FG Now Pays About ₦600 Billion Monthly For Fuel Subsidy - Rainoil CEO / I Could Have Asked For My Share Of Fuel Subsidy, But God Forbid — Tinubu / FG Gets $800m From World Bank For Subsidy Removal Palliatives For Poor Nigerians (2) (3) (4)
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Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by mokwechineme: 7:35pm On Apr 15 |
SoNature:you are not refining so your leaders will continue to drain your commonwealth through the so-called subsidy |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by blueAgent(m): 7:37pm On Apr 15 |
SoNature: And who told you that would mean cheaper PMS? |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by benitwater(m): 7:42pm On Apr 15 |
Release the figures if you have it Mr h El rufai. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by blueAgent(m): 7:44pm On Apr 15 |
DeepSight: Ignore that wannable Clown. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Splashme: 7:45pm On Apr 15 |
Wow |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Fujiyama: 7:46pm On Apr 15 |
nairalanda1: ^^^ Your last sentence is what US nationals would call a 'cop out'. You constantly refer to the GSM example because it is convenient to do so. The events that took place in the telecoms industry are a matter of history. Anyone can talk about it. You avoid making any bold statement about the direction of fuel prices...and you instead decide to hedge shamelessly with comments like your last line: "things will be better but Nigerians may or may not get 'cheap' fuel". What does that even mean? What exactly is 'cheap' fuel? 10 Naira per litre? 100 Naira per litre? If you are sure of the predictive power of your model then make your assertions and stand by them. You can't use the GSM example as a testimony to the power of subsidy removal...and then you equivocate when it comes to fuel. That won't work here. If NITEL subsidy was removed, GSM companies came in with very high costs, etc. and today SIM cards are being given away for free, then you should be bold enough to make the same predictions for the oil sector. Say what you mean and mean what you say. 1 Like |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by rantingpigs: 7:46pm On Apr 15 |
1 Like |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Kay25(m): 7:50pm On Apr 15 |
toujurs:U be fool wetin u dey accuse yoruba of ur obi is doing it for 2027 so keep shut if u cant stand alone and make a difference |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by isrealola: 7:52pm On Apr 15 |
You have no moral justifucatiom to troll el rufai,iif you didnt troll on the social during jonathan regime |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Splashme: 7:52pm On Apr 15 |
Terrible |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by nairalanda1(m): 7:53pm On Apr 15 |
Fujiyama: No matter what you say, 40 years of subsidy has been a failure. When you put in price controls, wahala starts. Let the free market do it's thing... |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by InvertedHammer: 7:54pm On Apr 15 |
/ Nigerian government knows how to announce one good policy to cheer up and distract useful idiots and then discreetly revert to some policies that keep the gravy train of corruption in constant motion. / 1 Like |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by nairalanda1(m): 7:55pm On Apr 15 |
SoNature: No it's the reason. Any country that has subsides , unless they have a low population and 10 million barrels per day production, is always going to have issues. Niger republic is poor and has a working refinery simply because their government sells petrol at a profit. Nothing to do with fracking which is a method of crude extraction, not processing |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by nairalanda1(m): 7:58pm On Apr 15 |
DeepSight: Well, all I know is that areas of the economy where people can set their prices don't suffer from corruption and bad service. Areas of the economy that are subsidise do |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Fujiyama: 8:00pm On Apr 15 |
Mideh95: ^^^ That isn't how it works. Mideh95: ^^^ Ok. Mideh95: ^^^ This is incorrect. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by rantingpigs: 8:00pm On Apr 15 |
The COWARDice in the SW is alarmingly toxic. That is why they are the number 1 unity BEGGARS. Even El Rufai is not afraid to insult them ceaselessly.. Yorubaponu: 3 Likes |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Donaldoni: 8:01pm On Apr 15 |
jmoore: And you believe bitter El Rufai |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Kukutenla: 8:02pm On Apr 15 |
nairalanda1:That's a lie Removal of subsidy will not fix refineries or carry out maintenance |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by fortune1968: 8:03pm On Apr 15 |
JAOS:Nothing satisfy irresponsible and frustrated people . Even as it is now , people like you are complaining that the fuel price is too much and at the same time ,you complain that the government is paying subsidy . Let's assume the payment of subsidy is true ,how much do you think the masses will be paying for the product without subsidy ? What do you want . Open your eyes to see what is good in good efforts . You don't have to turn to enemy of progress because your MR Somebody lost the election badly which he can also NEVER win . 1 Like |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Donaldoni: 8:03pm On Apr 15 |
Fuel subsidy is gone! This is the kind of nonsense piiiiggs like to hear to ameliorate their pains Pathetic sore losers!! |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by DeepSight(m): 8:06pm On Apr 15 |
nairalanda1: You are off the mark because the point is private ownership of business, which ensures a market determined price and with subsidies, a differential is paid to meet the market price anyway. Look, subsidies are a reality even in the biggest and most capitalist economies, in Nigeria we have been sold the lie that subsidies are the root of our problem. It is not subsidies but demonic corruption without limit, that is our problem. In only a few short years, the subsidy being paid on PMS jumped from two hundred and something billion to over six trillion. What is that if not black magic and the most satanic corruption imaginable. After stealing the place blind, the government then turns around to shift the burden for the theft to the people. The government shouted to high heavens that there was corruption in the subsidy regime, but is yet to prosecute even one single marketer or govt official in that regard. What does that tell you? The more you look, the less you see. Subsidies were never the problem, corruption is the always the problem. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by jattopeter(m): 8:06pm On Apr 15 |
free2ryhme: |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by fortune1968: 8:06pm On Apr 15 |
Your headache . Go and explain how you misgovern Kaduna for eight years first . |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by ambale(m): 8:10pm On Apr 15 |
Moniya4Real: You are the real enemy of Nigeria Do you really think people hate their country, these are people that do business in the same country I know how much we make when things were down and how much we make now and you think I won't pray for things to be better because I hate one drug lord You must be a total rubbish in real life that's if you've one 2 Likes |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by fortune1968: 8:10pm On Apr 15 |
rantingpigs: |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by mkoabiola: 8:10pm On Apr 15 |
I jus love Ds el rufai Fearless ,bold and courageous He can dare any one 2 Likes 1 Share |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Ttipsy(f): 8:13pm On Apr 15 |
Old news We all know that |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by nairalanda1(m): 8:15pm On Apr 15 |
DeepSight: Subsides in capitalist countries are production subsides. Which we don't do here in Nigeria, we do the very expensive consumption subsides Then in capitalist countries, government does not come and set price of petrol. In some areas, they even add tax on top. At the end, subsides is why we don't have working refinery. Ghana and Niger have working refineries, and zero subsidy. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by MemphitzDgreat1(m): 8:18pm On Apr 15 |
hedonido:Please nor count FreeStuffsNG, Mannabbqgrillz, DerenleDave, Yarimo, Madridguy as intellectuals. 1 Like |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by DeepSight(m): 8:18pm On Apr 15 |
nairalanda1: Ol boy subsidy is not the reason why you dont have working refineries. Trillions upon trillions have been allocated for that over the years. The reason you dont have working refineries is corruption. And you are wrong there are and there have been consumption subsidies even in capitalist countries. Go research it. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by obaidan: 8:23pm On Apr 15 |
this route wey Elrufai wan follow, he will kill his political career. dey ODE dey fought to get Tinubu there thinking he will get some relevance. Atiku brought him into Objs cabinet, he turned against Atiku, to the point of talking him down in FECs. the midget no know say Tinubu dey dine with am with long spoon. |
Re: FG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai by Everydaylove: 8:23pm On Apr 15 |
This useless short devil was the foremost in criticizing GEJ against subsidy. |
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