“You see that the amount we have been paying year by year diminished substantially to about N971 billion a year down from the N 2.3 trillion of 2011. We brought it from N 2.3 trillion to about N 971 trillion that has been in the budget each year."

This woman is just beyond ridiculous. So we should clap for your administration for bringing subsidy down to N970B from N2.3T, when we should ideally be asking you guys how subsidy went from less than N400B in 2009 to N2.3T in 2011.

retepmurt:

http://thenationonlineng.net/new/oil-marketers-holding-nation-to-ransom-says-okonjo-iweala/

..
madam big neck..how many refineries did ur principal repair in this una useless last 16yrs...how many did u people build? Wat happened to sure P...
Gej remains a big disappointment to Phd holders...how much did pdp waste in d last campaign...Nigeria simply a complex puzzle..ike gwulu

How could all the technocrats, with all their dubious knowledge let a cartel have a stranglehold on such a vital structure with of the economy??!

I dey Watch una wit 3d

Do you need som1 proficient in the use of spss to do the analysis of your research project with ease using either Ttest, regression analysis or correlation? inbox me

”I strongly suggest that the nation has to do something about it. It has been very stressful for four years, trying to cope with a group that controls a very important sector of a nation and they are small enough to organize themselves.”

How is the Nation to do something about it? Is that not why we have an elected government (with so much powers) in place to deal with these issues? This administration has once again confirmed how inept and incompetent it is at handling serious issues. If it is to Show Force against ordinary citizens, it wouldn't be too difficult for these govt, but now they are acting powerless against a small group of criminals. Smh!

mars123:
someone lucky enough should shuush this maam already .Its the corrupt government which she is a big part of that is holding the nation to ransom,the marketers want their share of the sweet crude/cake when the FG leads by example and try to make selfless sacrifices,the marketers will try to do same,then God will eventually provide a Ram,everybody wins

Appreciate the truth when you hear one. Oil marketers are milking our country dry. Jonathan government tried to stop this and faced grave condemnation. But it will be hard for economy to blossom if we continue to tow the subsidy line. Mrs. Okonjo is saying the truth here.

My own opinion is that the fuel subsidy should be removed totally.

onatisi:
she doesn't need or want ur respect. She is respected worldwide already,she is on the list of top 100 influential ppl in the world . 100 ppl out of almost 6billion ppl in the world speaks volumes about her achievement and progress. So better start working ur way up the ladder of success so that one day ppl will respect u. Okonjo iwella dines and sit with kings and world leaders. So bro keep ur respect in ur living room and bedroom and face ur life.

... Learn to understnd meanin out of words b4 u comment...

my only joy is that most of the oil cartel are in APC...so na dem de power now...lets see how they will do it....period

omenka:
Silly.

The cartels they are referring to are their cronies, and in most instances, their fronts. That is why the problem appears intractable.

Na dem dem.

Your post doesn't make sense. They tried to remove subsidy. You guys protested. Why would they try to remove something that obviously benefits their "cronies"

Ngozi(blessing) is a beautiful woman ooooo

And why didn't they fix the refineries

onatisi:
she doesn't need or want ur respect. She is respected worldwide already,she is on the list of top 100 influential ppl in the world . 100 ppl out of almost 6billion ppl in the world speaks volumes about her achievement and progress. So better start working ur way up the ladder of success so that one day ppl will respect u. Okonjo iwella dines and sit with kings and world leaders. So bro keep ur respect in ur living room and bedroom and face ur life.

Bros we dy fight b4,take a chill pill joor.

demmy0325:
... Learn to understnd meanin out of words b4 u comment...

she doesn't need ur respect. Keep ur respect to urself

CLOSE YOUR MONTH-- A MINISTER FINANCE FOR 8 PLUS 8 YEARS. EQUALS TO 16 YRS. WAIT FOR BUHARI JUST 26 DAYS MORE. YOU ARE THE HEART BEAT OF ALL CORRUPTIONS IN NIGERIA MINUS OBASONJO WHO HAS RAN TO A P C.----

EverestdeBliu:
though GEJ is still the president,but the emergence of Buhari as the president-elect is no doubt already having influence on our national affairs.
To an extent,the scarcity is a borne from his emergence

[color=#990000][/color]. Have u taken ur drugs?

onatisi:
she doesn't need ur respect. Keep ur respect to urself

.. Do i luk like d one dah commented..?

MissYana:
Its like they have started to do Fake Orijin.The thing no deh High like before again for my area

You Are becoming a Drunkard Gbam!

This cartel is really nameless. Should we assume all oil marketers are members of the cartel as well?

Let's know so we the citizens can do the needful since we have inept and coward leaders.

jstbeinhonest:
I lost respect 4 dis woman a long tym ago.

Seconded

If NNPC was efficient there will be no need for these petrol marketers.

[size=18pt]This nation needs cleansing... may God help the incoming administration[/size]

Secondly, Madam Okon are you owing or are you not owing? If you are owing then do well to pay to the last kobo instead of saying the debt is not big enough.

Gerryboy:
Wat we need in dis country is God divine intervation. May God help us because we d poor mass re really suffering.

What we need is not God's intervention but our politicians (lawmakers and executives) to hv enough political will to tackle corruption, fix da fuycing refineries and make sure they work to it's full capacity then let's see how the cartel or the cabal will hold the country to ransom

onatisi:
she doesn't need or want ur respect. She is respected worldwide already,she is on the list of top 100 influential ppl in the world . 100 ppl out of almost 6billion ppl in the world speaks volumes about her achievement and progress. So better start working ur way up the ladder of success so that one day ppl will respect u. Okonjo iwella dines and sit with kings and world leaders. So bro keep ur respect in ur living room and bedroom and face ur life.

please tell them.at times I wonder the kind of thing they write.someone who has over achieved.That's same thing they use to write about Jonathan trekking to otuoke.I laugh cos someone who has been a deputy governor,governor,vice president and president for six years.what else.history has been made.

And someone used 2 trillion Naira in campaigning when the refineries could have been repaired for less

Kayendy:
All dese boils down to d removal of subsidy... let's wait and. see what Buhari will do abt d subsidy issue...

I don't agree sir , this is what the government wants us to believe. If there is corruption in the military should government stop funding the military.

Why do we have Subsidy?

---Failure of Government to make refineries work or provide enabling environment for private sector to run the refineries!

What is government subsidising

-----Corruption from the importation process
-----Taxes collected from the point of landing to point of sale that goes to FGN
-----Cost of distributing the products to the hinterland due to the failure govt to maintain and operate pipelines of allow people who can to run them to do so efficiently.

Why are they not paying Marketers
--- They have spent all the money on the reelection bid of GEJ

The Minister is just trying to use cheap blackmail....is she saying the entire claims are unverified ....if they are unverified why? and if they are verified why have they not been paid.

Clueless Govt ......26 days to go...thank God!

+The problem is the subsidy. Remove the subsidy and the cartel will eveporate.

I am sure there is no diesel scarcity. Its because that fuel has been free of that subsidy bondage.

Nigerians will continue to cry as long as they want this petrol subsidy.

see how human being they reason.

onatisi:
she doesn't need or want ur respect. She is respected worldwide already,she is on the list of top 100 influential ppl in the world . 100 ppl out of almost 6billion ppl in the world speaks volumes about her achievement and progress. So better start working ur way up the ladder of success so that one day ppl will respect u. Okonjo iwella dines and sit with kings and world leaders. So bro keep ur respect in ur living room and bedroom and face ur life.

nsyforreal:


please tell them.at times I wonder the kind of thing they write.someone who has over achieved.That's same thing they use to write about Jonathan trekking to otuoke.I laugh cos someone who has been a deputy governor,governor,vice president and president for six years.what else.history has been made.

u dey mind dem ? Most of them are still struggling with their waec and they don't even know if they will graduate with pass or 3rd class from the university and yet they are condemning ppl who have made their marks in life ,ppl who have risen to the highest pinnacle of success in their chosen careers. Okonjo iwella was among the top 5 in the world bank ,twice she has been made federal minister , she has won numerous laurels and awards both locally and internationally. She is regularly invited to give special lectures and speeches at gatherings of the shakers of world economy ,and someone on nairaland is boasting he doesn't respect her!!! Only a composite fool will not acknowledge the success life story of okonjo iwella . She is a person nigerians ought to be proud of .

Nigeria my country I fear who know fear una.