2016easy2017's Posts
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If you truly want good for Nigeria, don't go in strike. Just ignore NLC and report to work. We must shame them |
I think we must all be ready to go to the street and counter NLC. if they born their papa we'll, let them come close to my place |
Samkeniyy:You de craze!! Now it's NLC you want to use again. Not eh court. To steal mandat |
Starships4u:Take commercial for now. Would be cheaper till it all subsides |
goodness4ever:Which humane. You all playing politics with our lives?? |
It's obvious now that NLC ain't seeking for your condition. They are being used by the CABALS who been consuming Nigeria through subsidy. We all must come out and fight them. Afterall Obi Atiku and all others agreed that subsidy removal is good. We dont want it. Let's face whatever. If I ever see anyone of them near my house, I swear Hospital will reject them. |
Fuel Subsidy: Making Sense of the Real Enemy Many people do not understand the politics behind fuel subsidy and it's dangers to the development and growth of Nigeria. The intension of the government to subsidise petrol was simply to make the product affordable for Nigerians and make life easier. So, the average price of petrol in the world can be as high as N590, however, the Nigerian Government will subsidise the product and fix price at N185 bringing total amount of subsidy per litre to N405. The average consumption of litres of petrol in Nigeria per day is 60 million litres. However, Marketers of the product loads as much as 100 million litres and above per day. This means the Nigerian Government is expected to pay as much as N405 × 100,000,000 (litres) as subsidy per day to the Marketers of the product to keep prices at N185 for instance. This brings the amounts to N40.5 billion daily and about N1.2 trillion monthly. Kindly take note that this amount can either decrease or increase following prices of petrol at the international market. So, just try to wrap your head around it and know what Nigeria expends on fuel subsidy alone in a year - obviously some billions of dollars. Here's the irony of whole arrangement 1. Petroleum Marketers (major petrol dealers with tank farms) usually divert larger quantity of the subsidised petrol to neighbouring countries to resell at the international market price. So, they make same amount of money the Nigerian Government has paid on the subsidised petrol at the neighbouring countries. 2. This makes the product relatively scarce in Nigeria as the left over becomes lower than the daily consumption in the country. The implication is that petrol stations will be selling fairly higher than the fixed price of N185 (some sells N190, N205, N225, N250 and so on depending on the area). And during peak periods of scarcity, which are also engineered by the marketers, Nigerians still buy same subsidised petrol for as high as N400, N500 and even N800 as the case was in first quarter of this year while sleeping in filling stations. Again, marketers make double. 3. Marketers also import above the daily consumption of 60 million litres as seen above and still force the federal government to pay subsidy on the excesses, which are usually part of what they smuggle to neighbouring countries. Again, marketers dupe Nigeria. 4. This entire scenario makes a mess of the good intention of the Nigerian government to make petrol affordable for Nigerians. 5. This scarcity and high cost of the product despite subsidy leads to arbitrar increase in the cost of living. Transportation for instance, goes up crazily. Moves to Remove Subsidy & Reactions Therefore, successive federal governments having seen the outright abuse of the subsidy policy have always tried to cancel the policy so that market forces can determine the cost of petrol. More so, the huge amount of money paid into the pockets of Marketers can be channeled to other meaningful venture such as infrastructural development, agriculture, social security, technology, health, etc. However, whenever the move to remove subsidy is made, the Marketers are quick to shutdown their filling stations and deprive Nigerians access to the already subsided fuel in their possession. This leads to instant scarcity regime and hardship (like we are already witnessing). And while the marketers make more money on one hand, they force and instigate Nigerians against the federal government with the hardship created on the other hand. Then, the innocent Nigerians who do not understand the politics behind subsidy goes on strike, attacks the government and force her to continue the subsidy regime. We pay more for our ignorance at the long run. The marketers are happy; they remain the top billionaires in Africa. Everyone loves them, wish to be like them, and celebrate them. Whereas the federal government count her losses, takes the insult, bears the bad name and pity uninformed/suffering Nigerians like you and me. Will you support Tinubu to break this barrier and give us freedom or you will remain adamant and spread the hate? #Subsidy #TogetherWeCan #ForwardTogether #Tinubu. |
FreeStuffsNG:You CAN'T find a SINGLE Yoruba or Hausa man in the cabinet and they cry of being marginalized for not being governor of Lagos even though you have their people in the cabinet. |
But the time President Tinubu is 100 days in office, ALL Obidients would want to be Baptized or Batified |
What me am thinking is; some idiots then we're saying the court should give judgement before Tinubu is sworn in. And that Obi wants 7 weeks to get evidences. So that means we would have been waiting for 4 yrs ![]() |
What the NATO is fighting is BRICS. Russia being the neck of it. NATO actually fighting BRICS and ANTI-IMPERIALISM AND COLONIZATION |
M4A1carbine:Now...so far....all those being captured home and abroad for drug are Obi supporters. That's where they got money to finance election. Your game is up. You and your president, buhiri or budullri and whatever the devil beared |
Nayturalistic:
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derecho: |
JobNeededUrgent:Congrat anyways
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Nigerians must all know that whatever we go through for the next 3 years, is as a result of bad governance of that mad guy called Buhari. May GOD punish him |
You mean this murderer ![]() |
ManOfMan:Atleast you survived. |
Nwaide01:Aaaaaammmmmmiiiiiiiinnnnn |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
Islie:He's a bloody lying animal. I don't even believe any of hisies is true If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
You should have remained with your cow If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
If you survived Buhari's 8 yrs rule. Go to this nairaland topic to mark your register and thank your LORD https://www.nairaland.com/7707257/survive-buharis-govt-please-raise#123440588 |
2016easy2017 Present sir. Thank GOD ooooo!!!. I survived. Am happy to witness this new govt. Am sure this is gonna be the BEST ever witnessed in this country. |
Nigerians were 250 Million when Buhari took over the rein of power. Many were kidnapped, killed , bombed, many were destroyed economically. So if you are lucky enough to survive the 8 years of Buhari's deadly administration. Kindly indicate by stating " PRESENT SIR!". Let's count ourselves. We need know how many of us remaining |
