Freemanan:


And How is the FG going to answer you Mr Continental Scholar?

Goke7:


I think you mean to say Mr local scholar

ifyan:
Is this a welcome development.

House deliberate on it

tuniski:
I am amused are they still paying subsidy? I thought they said there was no subsidy anyway, let them continue to deceive themselves. The last govt wanted to remove subsidy but, elements of the cabal protested using gullible nigerians. Now the yeye Scammers calling themselves change agents are feeding same gullible nigerians with more propaganda while the economy worsens!

LordMecuzy:
Thanks Buhari by the end of next year I want to see zero subsidy payment...

With steady electricity and Refineries working at full capacity, that will surely become the end of the scam called subsidy

arsetalks:
You wailers are often saying PMB has done nothing but how come the refinery you yourself said was not working during badluck's maladministration now all of a sudden working or at least about too.

Goke7:

still better than those who believe that STEALING IS NOT CORRUPTION

989900:
@wailers:

1[i]. Lower Oil prices while partially accountable, is just a part of the story.

2. Why was the past admin still paying roughly N3b/day when oil first dropped to $43/barrel previously?

3. We are able to pay lower this time around largely because of:

A. Additional Local refineries production.

B. Buhari.

C. Corruption loopholes reduced.

D. Far better power supply (Gen. consumption > than vehicle's . . .). #incredible

And sincerely, it should even be lower if all elements of fraud have been checked . . . Slow but steady . . . surely.

At N880m=$4m, if the exchange rate were any better, that N880m, would have been some 'mere' N650m/day or less.

At the present oil prices, with an additional 1000MW to take us to 6,000 MW by December, 90% performing refineries, and a better exchange rate -- @ N87/litre we would not be paying subsidy, rather fuel tax to the government, or subsidy and a cheaper pump rate.

Based on daily petrol consumption of 48 million litres, the total subsidy cost on the product as of September 22, would amount to N889.44 million at N18.53 per litre[/i]

Why are some folks unhappy?
Is your love for Jonathan, and hatred for Buhari stronger than your love for yourselves and your kids, both born and unborn?

Goke7:

still better than those who believe that STEALING IS NOT CORRUPTION

baralatie:

you want to convince yourself that a mentality that speaks of "I don't care attitude to governance and all you need is to lie,mislead the populace and practically run away from govt responsibility" is considered a right path to solving problems.

you are on a different type of change!

989900:
@wailers:

1. Lower Oil prices while partially accountable, is just a part of the story.

2. Why was the past admin still paying roughly N3b/day when oil first dropped to $43/barrel previously?

3. We are able to pay lower this time around largely because of:

A. Additional Local refineries production.

B. Buhari.

C. Corruption loopholes reduced.

D. Far better power supply (Gen. consumption > than vehicle's . . .). #incredible

And sincerely, it should even be lower if all elements of fraud have been checked . . . Slow but steady . . . surely.

At N880m=$4.4m, if the exchange rate were any better, that N880m, would have been some 'mere' N650m/day or less.

At the present oil prices, with an additional 1000MW to take us to 6,000 MW by December, 90% performing refineries, and a better exchange rate -- @ N87/litre we would not be paying subsidy, rather fuel tax to the government, or subsidy and a cheaper pump rate.



Why are some folks unhappy?
Is your love for Jonathan, and hatred for Buhari stronger than your love for yourselves and your kids, both born and unborn?

arsetalks:
You wailers are often saying PMB has done nothing but how come the refinery you yourself said was not working during badluck's maladministration now all of a sudden working or at least about too.

ifyan:


It a welcome development.

Please don't poltisize this topic

poiZon:

the refineries that is working pls can u tell us what it is refining? And where is the refined product used? Cos if u check d figures up there, u will see that there is no nigerian refined products init.
Lemme show what am saying,
the assumed litres nigeria used daily is 48million litres, landing price of fuel at d port is 105.53naira per liter, subsidy paid by govt is 18.53naira per liter. If u calculate 18.53 by 48million litres assumed to be consumed daily by nigerians you will get 889,440,000naira. so please what is the refinery refining?
And if atall it is working as the gmd nnpc claims, why r they still paying subsidy for 48million litres of fuel?
These r questions apc, kachikwu, buhari n those involve in this lies need to clarify.

erico2k2:

when they asked you to pay attention in school you jump window, see what not paying attention has done to you, plz illustrate how stealing equals corruption cos from last I checked stealing is never corruption Stealing is an Action corruption is a process.U see your life simple grammer fails you.You just exposed your ignorance in public plz consult your dictionary B4 you embarrass yourself more or mute.

Goke7:


your definition here shows how much you love and dine with corruption, you guys are so shameless.

byrron:
I will like the FGN to publish the following:

1. How many barrels of crude oil is produced on a daily basis starting from the day this admimistration came on board.

2. How many barrels are sold on a daily basis and its $ cost/barrel starting from May 29/2015.

3. How many barrels of crude oil are refined by NNPC/Day since May 29 2015.

4. How many barrels of refined PMS are imported into Nigeria/Month and at what $ cost/litter.

These information's will not only put a stop to the endemic secrecy in NNPC and its transactions, it will also enable an objective accessment of the petroleum sector so far under this administration.

erico2k2:

with all this long storey you write up there thinking you are inteligent here are ABC question for you
1.Name the refinary that is working up to %50
2 How did the govt of the day reduce the fuel subsidy
3 what is the total power generated as at this week
4 you said our refineries are performing at %90 plz name one
confirmed 9ja Deltan asking you all these I swear you have no answer.

Freemanan:


And How is the FG going to answer you Mr Continental Scholar?

This is not rocket science naa!

Is it a crime for Nigerians to know about all these through monthly publication of these reports on any of the print media in Nigeria?

Don't you guys want to fight corruption again?

poiZon:

bros i can convincingly tell u dat it is possible for 1dollar to be equal to 1naira than waht u mentioned above.

989900:


I swear you rushed to read, but didn't get it -- now read again.

Oduduwaboy:

What would have happened to the procedes from removal of the subsidy with a clueless, directionless & corrupt Government in power ? Do you know how many trillions some of your useless officials have secretly returned to the coffers of the Federal Government ? Be careful o! We shall soon begin to reveal in vivid details the corrupt ways of the past government ; even GEJ & wife will not be spared !!

Goke7:


you and your fellow wailers are the ones misleading the populace by inciting the public against the present Govt

byrron:


This is not rocket science naa!

Is it a crime for Nigerians to know about all these through monthly publication of these reports on any of the print media in Nigeria?

Don't you guys want to fight corruption again?

erico2k2:

so you cannot answer any of those questions I asked? these are really simple question, I amazed how people on here simply shy of E-confrontations.These are realy simple questions,my 10 yr old can give me these answers in 5 mins.So Im waiting

tuniski:
yes they should havee removed it. That was the biggest sin of GEJ not removing it. Small time same nigerians who protested started shouting Corruption when the monumental waste was exposed. For as long as u hear subsidy in petroleum sector just know we are still deceiving ourselves. Come 2017 Dangote refinery will commence production cos the previous govt encourage that. Our refinery working at 100% can't meet 20% of our needs they were not built to meet today's demand of about 200m citizens.
By the way, have u ever asked what d price of our own products from the refineries are? Or are those little output in anyway cheaper?

Freemanan:

Rocket scientist!
I simply ask a question that demands an answer of same nature... How will the FG get the questions?

NO need for epistle.

byrron:



You can also forward the question to the FGN, that is also part of your civic responsibility in entrenching transparency in government except if u have phobia for transparency.

Apply common sense and deduce from my assertion if what i stated is noble or not.

This wasn't an epistle.

tuniski:
. The current state of affairs of our nation is largely due to subsidy!

tuniski:

In fact, the death of taxation cos of petroleum is the opium the masses are on for this spate of indifference to governance!

tuniski:

I bet u, let the subsidy go and let the effects come full force, we will adjust.

tuniski:

high cost in itself is not the problem purchasing power is!

tuniski:

However, with the burden completely transfered to citizens we can now be awaken from our slumber and engage those in govt. The large scale corruption will then be checked cos I can't be paying thru sweat and one person just sit down and embezzle, mismanage and misappropriate such resources. No one will mobilize citizens for protest the burden will!!! !

tuniski:

Subsidy must go and now

baralatie:

no effect on the current situation as at now.