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Why FG Is Reluctant To Reduce Petrol Price - Politics (4) - Nairaland

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Re: Why FG Is Reluctant To Reduce Petrol Price by otokx(m): 8:07am On Dec 15, 2014
PDP has been unable to repair the refineries and still refuses to sell them.
Re: Why FG Is Reluctant To Reduce Petrol Price by Unemadu: 8:14am On Dec 15, 2014
Im eager to know how the likes of dangote refinery will operate cost-wise.

Any good analysis will be appreciated
Re: Why FG Is Reluctant To Reduce Petrol Price by fm7070: 8:20am On Dec 15, 2014
LET US BE TRUTHFUL IN OUR ANALYSIS.


LordCenturion:
PDP achievement since Abdulsalam abubakar hand over

let me mention 18


1. Electricity : in 1999 = 32%..in 2014 = 5% ❌ ELECTRICITY HAS IMPROVED TREMENDOUSLY SINCE 2007 TILL DATE

2. Petroleum price : in 1999 = #18..in 2014 = #95 ❌

3. Naira to dollar : in 1999 = #85..2014 = #181 ❌

4. water : 1999 = 39%..2014 = 1% ❌ WHO DAMAGED THE WATER INFRASTRUCTURES? GEJ OR FASHOLA? IT IS THE MASSES

5. security : 1999 = 45%..2014 = 14% ❌ SECURITY IS NOT AS BAD AS YOU'VE PAINTED IT, MORE PATROL VAN, HIGHWAY PATROLS, BETTER COMMUNICATION, ETC. THEY MAY NOT SCORE EXCELLENTLY, BUT THEY ARE NOT DOING SO BADLY

6. employment : 1999 = 57%..2014 = 9% ❌ BRO 9% IS TOO LOW. LET'S CREATE JOB OURSELVES AND STOP WAITING FOR GOVERNMENT. FARMING IS LUCRATIVE

7. government property maintenance such as stadium,national theatre,refineries,schools,Roads etc : 1999 = 24%..2014 = 2% ❌ I ACCEPT FOR REFINERY. BUT FOR SCHOOLS AND THE REST OF IT, YOU NEED TO KNOW WHAT THEY WERE IN THOSE DAYS. IT IS MUCH BETTER NOW. EXCEPT WHERE STATE GOVERNMENT SIPHONED MONIES MEANT FOR THESE PROJECTS

8. Education : 1999 = 57%..2014 = 88 ✔

9. corruption : 1999 = 47%..2014 = 85 ❌

10. Foreign investors : 1999 = 15%..2014 = 36% ❓ T[b]HIS IS UNFAIRLY SCORED. TELECOMMS, OIL, PRODUCTION, AGRIC SECTOR, ETC. IT IS A GRADUAL PROCESS, WE CANNOT JUST ALLOW FOREIGNERS TO FLOOD THE COUNTRY ANYHOW AT ONCE
[/b]
11. Telecommunication system : 1999 = 9%..2014 = 79% ✔

12. crime : 1999 = 13%..2014 = 65% ❌ LOOK, NIGERIANS ARE NOT CRIMINALS THERE IS NO COUNTRY THAT IS 100% CRIME FREE. COMPARE NIGERIA WITH SOUTH AFRICA IN TERMS OF CRIMINALITY AND SEE THAT NIGERIANS ARE FAR BETTER OFF.

13. Medical care : 1999 = 27%..2014 = 38% ❓ HAAAAA!! THERE IS GOD OOOOOOO. IN 1999 HOW MANY HEALTH CENTERS DO WE HAVE ALL OVER NIGERIA. IN LAGOS THAT I LIVE, THINGS HAS CHANGED. GENERAL HOSPITALS AND PRIMARY HEALTH CENTERS ARE EVERYWHERE. GOVERNMENT DESERVES BETTER SCORE HERE

14. Insurgency : 1999 = 1%..2014 = 71% ❌ INSURGENCY'S OPERATION IS NOT UP TO 71% EXCEPT YOU ARE PROPHESYING DOOM FOR THIS COUNTRY. KEEP IT AT 10% AT WORSE. THEY HAVE NOT CAPTURED ANY STATE SUCCESSFULLY, ALL THEIR ATTACKS WERE BEING REPELLED, OUR GALLANT SOLDIERS KILLED MANY OF THEM EVEN SOME OF THE CITIZENS AND SOLDIERS DIED ALSO. WHAT WILL YOU SCORE PAKISTAN, SUDAN, IRAQ, ETC ?

15. Embezzlement : 1999 = 32%..2014 =86% ❌

16. Creativity : 1999 = 41%..2014 = 81% ✔

17. Poverty : 1999 = 68%..2014 = 42% ✔

18. New Roads : 1999 = 21%..2014 = 40% ❓


I AM NOT IN THE GOVERNMENT NOR CAMPAIGNING FOR ANYONE BUT LET'S SCORE GOVERNMENT FAIRLY AND TELL THE TRUTH BASED ON FACTS AND FIGURES
Re: Why FG Is Reluctant To Reduce Petrol Price by GodsKate: 8:32am On Dec 15, 2014
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Re: Why FG Is Reluctant To Reduce Petrol Price by Boss13: 8:36am On Dec 15, 2014
nijanigga:
i expect oil to be sold below $50 /barrel next year.What will they do? increase price of petrol to make up for the devaluation? gej is just dumb.


That was the initial plan but I don't think they are going to increase pump price. It would be deemed social injustice
Re: Why FG Is Reluctant To Reduce Petrol Price by arsetalks(m): 8:47am On Dec 15, 2014
anonimi:


This is NOT so much about any cabal.
No, it is NOT!

It is about our clueless rejection of the subsidy removal & DEREGULATION of the petroleum sector. We would have suffered higher prices initially as with mobile phones & cement but with-

- new investors
- increased supply
- increased COMPETITION


price will start REDUCING after a while.

A clueless fool who does not sacrifice today will be a SLAVE to his neighbour who did, tomorrow.
No short-cut in life really except the one that will cut you short shocked
QED!!!
Some of your points are good globally but when you bring them to Nigeria's level, you will know they are not tendable here.

1. Why is it that diesel which has been deregulated for a while now has its price still extremely high. What makes you think same will not happen to PMS when deregulated?

2. We shout of scam in fuel subsidy, whose fault is it? Is it the fault of the citizenry or that of the government? Why is it that not a single person has been jailed over this fuel subsidy scam thing we all shout about? Is it the citizenry that will prosecute and recover money from the fraudsters?

3. What exactly has the government done with the extra 32 naira accrued to the government from the pump price?

4. Why has the amounts paid by FG as fuel subsidy gone up by x2 even when we have experienced a 32 naira increment in price?

5. Why are our refineries not working? We were told they will become functional this year with the extra from the increase in pump prices but just 16 days to the end of the year, nothing has been done?

6 why do you honestly think if the above raised points have happened, why should government be trusted? We gave them 32 naira extra from our pockets, they did f*ck all with it, why should we give them more?

7. Do you and the government think we are so dumb? You were importing Oil at a particular rate and sell at another rate ( to make profit) now the price you purchase has decreased and you all of a sudden want to continue to sell at the old price? How does that work especially as billions are still being paid as subsidy?

Educate us if you can.
Re: Why FG Is Reluctant To Reduce Petrol Price by anonimi: 8:47am On Dec 15, 2014
datribune:


How clueless can u get?. Where ar d huge funds realised frm d sale of gsm licences?. They looted it & did not even deem it fit to plough some of it back nto improving infrastructure dat will help d country & d gsm companies. because of poor infrastructure & inadequate power supply gsm prices in nigeria is still among d highest in d world. Is it power dat they provided or ar they d ones providing d air dat is being used by gsm?. Govt only reaped & is still reaping frm huge profits being made by gsm companies frm hapless nigerian masses.


Na you clueless pass. Worse is you don't even realise and think you are smart.

How do YOU know the received GSM licence fees were not paid into the Federation Account and shared, as usual, with the 36 states and 774 LGAs?
HOW do you know

NITEL was receiving subsidies and annual budgets yet providing no telephones shocked
Now we have MILLIONS of lines, additional revenue and EMPLOYMENT.

What exactly is your complaint again
Re: Why FG Is Reluctant To Reduce Petrol Price by Lovechyld101(m): 8:58am On Dec 15, 2014
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Re: Why FG Is Reluctant To Reduce Petrol Price by Nobody: 9:05am On Dec 15, 2014
Subsidy must go that's a fact Nigerians must accept


It's a shame that some of us especially pro-APC fans have failed to see the benefit of re-investing our subsidy into other productive ventures

Will jobs fall from heaven , will prices drop when demand still exceeds supply and will importation stop depleting our foreign reserve when we fail to encourage public-private industrialization with the hope to completely privatized in the nearest future.


This share share economic system bestow on us by our false federalism will land us in national poverty if we fail to encourage wealth creation.




Create wealth today or die in poverty tomorrow

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by anonimi: 9:12am On Dec 15, 2014
arsetalks:
Some of your points are good globally but when you bring them to Nigeria's level, you will know they are not tendable here.

That is a CONVENIENCE lie for doing all sorts of chaotic, knee-jerk solution proposals that will NEVER address our issues FUNDAMENTALLY angry
Nigerians are human beings just like other human beings around the world- in Europe, Asia, America etc.
No difference in our INTELLIGENCE level. The main difference is how/whether we use that God-given intelligence with determination, perseverance knowing that any MEANINGFUL sacrifice and suffering today can only make tomorrow better for us ALL.

1. Why is it that diesel which has been deregulated for a while now has its price still extremely high. What makes you think same will not happen to PMS when deregulated?

While I do not have all the details of the TREND of diesel price since its deregulation I can already say that deregulating diesel in ISOLATION while other refined petroleum products are still subsidised and regulated CANNOT allow & encourage much needed private investors to come into the sector that will lead to competition and price REDUCTION down the line.
Moreover have you considered the impact of INCREASED economic activity on the consumption of diesel


2. We shout of scam in fuel subsidy, whose fault is it? Is it the fault of the citizenry or that of the government? Why is it that not a single person has been jailed over this fuel subsidy scam thing we all shout about? Is it the citizenry that will prosecute and recover money from the fraudsters?

This Jonathan/Sambo administration is dealing with the subsidy scam issue SYSTEMATICALLY and in line with what is done in any CIVILISED society- you follow Law & Order.
You can check these news stories =>


http://thenationonlineng.net/new/efcc-arraigns-121-suspects-fuel-subsidy-scam-oil-theft/


http://www.vanguardngr.com/2014/11/n5-billion-recovered-40-arrested-oil-subsidy-fraud-efcc/


https://efccnigeria.org/efcc/index.php/news/1109-re-efcc-s-laughable-subsidy-theft-recovery


When shall we stop telling ourselves LIES rather than look at our issues HOLISTICALLY seeking information and taking all developments into consideration before making ERRONEOUS pronouncements
When?
Re: Why FG Is Reluctant To Reduce Petrol Price by Nobody: 9:27am On Dec 15, 2014
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Re: Why FG Is Reluctant To Reduce Petrol Price by KLand(m): 9:27am On Dec 15, 2014
Nigeria economics work differently. If you doubt me, ask Okonjo Iweala.
Re: Why FG Is Reluctant To Reduce Petrol Price by ransomed: 9:54am On Dec 15, 2014
Barawo people

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by datribune: 10:26am On Dec 15, 2014
anonimi:


Na you clueless pass. Worse is you don't even realise and think you are smart.

How do YOU know the received GSM licence fees were not paid into the Federation Account and shared, as usual, with the 36 states and 774 LGAs?
HOW do you know

NITEL was receiving subsidies and annual budgets yet providing no telephones shocked
Now we have MILLIONS of lines, additional revenue and EMPLOYMENT.

What exactly is your complaint again


U ar truly  clueless. U ar so uninformed dat u don't even know dat b4 PDP involvement, Nitel never received subsidy frm govt.
Just as d PDP looted d proceeds frm gsm licences, it looted Nitel in arguably d biggest scam in Nigerian history. d PDP killed Nitel in order to sell it cheap to themselves.
B4 year 2000 when d PDP brought in Pentascope to loot d company, Nitel made more profit than most banks. It paid all its bills & financed all its projects. In yr 2000, Nitel MD, prof Bajoga left N15b & USD 200m in Nitel coffers. Within 20 months Pentascope looted about N105 billion without installing even a single line, either fixed or mobile. Pentascope looted all incoming revenues & borrowed heavily. dis was d beginning of d Nitel problem.
It is shameful dat u, a supporter of a govt who thru corruption & ineptitude has made gsm in Nigeria one of d most expensive in d world now comes to NL to taunt d achievements of dis gsm companies in terms of provision of lines & employment, a feat they achieved inspite of d infrastructure challenges brought on them by d utterly corrupt & clueless PDP. #pathetic
Re: Why FG Is Reluctant To Reduce Petrol Price by Nobody: 10:35am On Dec 15, 2014
vanunu:



It is not possible for any govt to fix it. Infact govt has no business fixing refinery.
so whose business is it to fix it? U?

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by Nobody: 10:43am On Dec 15, 2014
datribune:



U ar truly  clueless. U ar so uninformed dat u don't even know dat b4 PDP involvement, Nitel never received subsidy frm govt.
Just as d PDP looted d proceeds frm gsm licences, it looted Nitel in arguably d biggest scam in Nigerian history. d PDP killed Nitel in order to sell it cheap to themselves.
B4 year 2000 when d PDP brought in Pentascope to loot d company, Nitel made more profit than most banks. It paid all its bills & financed all its projects. In yr 2000, Nitel MD, prof Bajoga left N15b & USD 200m in Nitel coffers. Within 20 months Pentascope looted about N105 billion without installing even a single line, either fixed or mobile. Pentascope looted all incoming revenues & borrowed heavily. dis was d beginning of d Nitel problem.
It is shameful dat u, a supporter of a govt who thru corruption & ineptitude has made gsm in Nigeria one of d most expensive in d world now comes to NL to taunt d achievements of dis gsm companies in terms of provision of lines & employment, a feat they achieved inspite of d infrastructure challenges brought on them by d utterly corrupt & clueless PDP. #pathetic



Yes

APC is a party filled with saints


Akukouwa story of the world

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by anonimi: 10:45am On Dec 15, 2014
datribune:

B4 year 2000 when d PDP brought in Pentascope to loot d company, Nitel made more profit than most banks. It paid all its bills & financed all its projects. In yr 2000, Nitel MD, prof Bajoga left N15b & USD 200m in Nitel coffers. Within 20 months Pentascope looted about N105 billion without installing even a single line, either fixed or mobile. Pentascope looted all incoming revenues & borrowed heavily. dis was d beginning of d Nitel problem.

First of all kindly provide credible links to your STORY of NITEL making MORE profit than banks and remitting it to the Federation Accounts before 1999.

Meanwhile, are you talking about these two characters

El-Rufai






and Atiku








Atiku lied about Pentascope deal –El-Rufai


A former Minister of the Federal Capital Territory under the Olusegun Obasanjo administration, Mallam Nasir el-Rufai, has said that a former Vice-President, Abubakar Atiku, lied when he a[b]ccused him of imposing the Pentascope management contract on the defunct Nigeria Telecommunitions Limited.[/b]

El-Rufai was the Director-General of the Bureau for Public Enterprise when the Federal Government entered into a contractual agreement with a Dutch firm, Pentascope, to manage the nation’s telecommunications firm, NITEL, on the eve of the privatisation carried out by the Obasanjo administration.

El-Rufai said that Atiku, who was Chairman of the National Council for Privatisation, gave a written approval to enter into a contractual agreement with Pentascope to manage NITEL on February 21, 2003.

More from: http://www.punchng.com/news/atiku-lied-about-pentascope-deal-el-rufai/

Are both of them not born-to-gain leaders looters of the Association of Pretending Crooks, APC today
Is Obasanjo not being begged by Tinubu to be the "navigator" of their national ship?

No wonder it is said that APC is the WASTE basket for rejected, expired by-products of PDP shocked
Re: Why FG Is Reluctant To Reduce Petrol Price by datribune: 11:21am On Dec 15, 2014
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Re: Why FG Is Reluctant To Reduce Petrol Price by datribune: 11:30am On Dec 15, 2014
anonimi:


First of all kindly provide credible links to your STORY of NITEL making MORE profit than banks and remitting it to the Federation Accounts before 1999.

Meanwhile, are you talking about these two characters

El-Rufai






and Atiku










Are both of them not born-to-gain leaders looters of the Association of Pretending Crooks, APC today
Is Obasanjo not being begged by Tinubu to be the "navigator" of their national ship?

No wonder it is said that APC is the WASTE basket for rejected, expired by-products of PDP shocked

Hahahaha, nice try. U can clap 4 urself because now dat d 2 individuals ar no longer in d PDP camp u can eagerly throw them under d bus to take d fall 4 d decay of 15+ yrs of d PDP misrule & corruption.
Shey u can now see dat d whole myth about PDP's privatization program being an attempt to promote efficiency is utter fallacy. Privatization under d PDP has been about asset stripping, sharing of our national patrimony & concentrating d assets of our nation in d hands of a privileged few. That's why u see dat today d gap between d rich & poor has never been wider. d rich getting richer & d poor getting poorer under a man who once had no shoes. We can not in good conscience vote again 4 dis man.
Re: Why FG Is Reluctant To Reduce Petrol Price by piagetskinner(m): 11:44am On Dec 15, 2014
Time to kick that clueless otouke Man back to his hive#workers hav been crying everyday for increase in the peanut salaries they collect,govt has turned a deaf ear to their plight to do what they know how to do best-LOOT!!!!

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by erico2k2(m): 12:28pm On Dec 15, 2014
anonimi:


What is the minimum wage for a LGA street cleaner COMPARED to that of an MP/lawmaker in the UK
What are these amounts in Nigeria?

Perhaps you know why we, Nigerians and the NLC leaders looters are not bothered about this clueless wage DISPARITY but prefer to leave our own land of milk & honey to become voluntary SLAVES & socio-economic EXILES in the UK, US etc!
Are ALL of us so clueless
Speak of your friends and brother who you know of abroad ,whom refuse to get educated and got stock in cleaning the streets of US and UK as U specified, I dont have friends or brothers who clean the streets kmt. now back to your question some of the so called MP earn less than the average workers.Some dont get paid. do your research.I hate when people compare things i n this fashion.

1 Like

Re: Why FG Is Reluctant To Reduce Petrol Price by darqly(m): 12:40pm On Dec 15, 2014
Most times, one wonders why or how the laws of economics do not work in Nigeria. Our case cannot be different from the rest of the world unless we are truly incompetent.
Re: Why FG Is Reluctant To Reduce Petrol Price by ttmacoy: 2:08pm On Dec 15, 2014
God is waiting for the price of fuel in Nigeria to come down so he can put fuel in his private jet and come down to help Nigeria.

intergral:
GOD HELP US
Re: Why FG Is Reluctant To Reduce Petrol Price by anonimi: 2:15pm On Dec 15, 2014
IBROHIM:
so Jonathan dropped the rates? The rates have been dropping before he became known in Bayelsa!

Logic fails you!
QED!!!
Re: Why FG Is Reluctant To Reduce Petrol Price by mickeyenglish(m): 9:52am On Dec 16, 2014
StCapital:
Please Nigerians, you should not allow Fashola to deceive you, this is election period ,he just wants to castigate our president to score cheap points for Apc, Apc should allow our president to do his job,if it is the right thing to bring the petroleum pump price down,our president,his advisers and the oil stakeholders will be the first to know,why Fashola made that statement in the school is because he wants the students to protest,don't be surprised to hear before the end of the month that students are protesting for Government to bring the fuel pump price down because of the down fall in oil price Globally,Nigerians should be aware that Apc has nothing new to offer,rather they will make things more difficult for Nigerians because they are only interested to come and loot our treasury, just check their profiles, Majority of them have served in this present Government or in the last 33 years as Military or Civilian from Federal,States,Local Governments and some were head of Departments,Ministries Etc what did they do and when you check their records you will find out that they are part and parcel of these problems Nigerians are facing today because it was during their active days all these corruption ravaging our country today started.why is it that everybody is against Jonathan ,I just red this morning that part of PENGASAN or whatever they call themselves are going on warning strike,why is it now they want to go on strike ,this festive period,since the matter has been on why did they decide to take action now which is Xmas and Election period and before you know it another Union will threaten Jonathan with Strike Action because they want to score him low because of the up coming Election. I believe Apc is controlling all these Unions:NLC, TUC etc.I conclude,the present Devil you know is better than the Angel you once really don't know.
. Of all fools dat av posted on dis thread, u r d undisputed numba 1 fool of all time....u deserve a "trophy" 4 dis discourse of urs.. Slimy git worm!eew.

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