BRAV0O:
Lalasticlala what if this kind of thread debate on front page, apart from every one of us supporting this current administration there are some certain truth need to be told if nigerians will still suffer for fuel with subsidy active then the subsidy need to be scrap asap let's know where we are going pls, [b]and for those saying some jargons about the past subsidy protest I beg u to get ur facts right and don't be quick to point finger at anyone , I believe that ur common sense should tell you the protest is political motivated and was hijack by those benefiting from the so called subsidy and Gej cabinet are not being straight forward...
[/b]

My friend you just spilled out jagons.
Since the president and his now supporters believed the the subsidy is a scam, they have no moral right to remove it.
Afterall, that is the only benefit of the common man.
It will be easier for a Carmel to pass through a needle eye than for the buhari administration to remove the subsidy.
You cannot bit the fingers that feed you.

Koolmexxi:
But how can he remove what he doesn't know about?? It's was the same APC dat led a massive #OCCUPYEVERYWHERE# dat almost crippled the nation and even termed it a scam. . For almost one month now d same nigerians have been buying fuel at no less than #150 a litre while the govt is still blaming marketers, marketers are blaming central bank and vice versa. Since dey have promised us change, the best option like someone already said is to pay off the marketers and scrap the thing once and for all or for the NNPC should look for a way to import fuel themselves since they have sworn to play politics with our refineries. I wonder how and why Nigerians have suddenly gone dumb and numb at the same time.

jojomario:
End users are currently buying at #130- #150. The most important is the availability of the product. If the removal will weed the corrupt individual, then, SAY NO TO SUBSIDY.

makizee:
I agree, we cannot continue to spend trillions of naira on so called subsidy while critical infrastructures continue to fail, with the cheap price of oil, the price of pms is not expected to be up to 100 naira. the time is now

liberty300:
pls, educate us Mr. All-knowing..now you dummos have lead us to this doom, you want to wriggle your way out

Naughtysite:
Let us be sincere about this fuel issue. For the past one month, i like most Nigerians have been buying fuel between N130 to N300 per litre.

If subsidy is removed, at what price will a Nigerian buy fuel ? If it isnt more than N130, let subsidy be scrapped and let MARKET FORCES, and PRICE OF CRUDE determine the price of fuel..

What a wise government should do at this point is to pay off the outstanding amounts owed importers of fuel and inform them that subsidy ceases to exist in December 2015

Then Nigerians will witness how massively these importers will import the product such that competition among them will drive the price downwards..

RockMaxi:




I can't believe my eyes that people like you still exist with this sentimental and uninformed mindset about subsidy under GEJ.

1shortblackboy:
please what are u getting at

waterhouse071:
Nigerians are obviously not benefiting from the subsidy. Imagine the subsidized fuel is currently being diverted to neighboring countries by greedy marketers.

Ahmeduana:

ARE YOU SINCER DURING JONATHAN REGIME?

ibietela2:


Provide proof were $35B is missing? Do you know how much that is?

allanphash7:
You are right bro




Japan has no single natural resources and yet they still survive

Ahmeduana:

ARE YOU SINCER DURING JONATHAN REGIME?

RockMaxi:




I can't believe my eyes that people like you still exist with this sentimental and uninformed mindset about subsidy under GEJ.

mysteriouspee:


Your analysis is very faulty, why do you assume that our currency will keep falling against the dollar? Are you saying our economic situation will only get worse? It's our exchange rate that keeps making petrol price soar. If sound economic policies are put in place, then it will be win win for us because prices of all commodities will drop.

omohayek:


I don't see how the UK's provision of a welfare state supports the maintenance of a corrupt fuel subsidy system that mainly benefits well-connected marketers, affluent urbanites and skillful smugglers. The two things have nothing to do with each other: if anything, abolishing the fuel subsidies would free up funds to provide the poorest Nigerians with real welfare services like basic healthcare and free education for their children.

omohayek:


I don't see how the UK's provision of a welfare state supports the maintenance of a corrupt fuel subsidy system that mainly benefits well-connected marketers, affluent urbanites and skillful smugglers. The two things have nothing to do with each other: if anything, abolishing the fuel subsidies would free up funds to provide the poorest Nigerians with real welfare services like basic healthcare and free education for their children.

omohayek:


I don't see how the UK's provision of a welfare state supports the maintenance of a corrupt fuel subsidy system that mainly benefits well-connected marketers, affluent urbanites and skillful smugglers. The two things have nothing to do with each other: if anything, abolishing the fuel subsidies would free up funds to provide the poorest Nigerians with real welfare services like basic healthcare and free education for their children.

martinosi:


Well Reality and Fantasy are mils apart in many African Countries Nigerian included....You need to understand how
basic economic structures work....

omohayek:


I do, and in all likelihood far better than you do - I studied economics at university, spent many years working in finance, and have done a great deal of research on economic history. What are your credentials, sir?