FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd (1620 Views)
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| FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by jbbaba(m): 1:47am On Dec 10, 2015 |
By Michael Eboh ABUJA— Respite seems to be in sight for Nigerians over the unending fuel scarcity witnessed across the country, as the Federal Government, yesterday, said it has paid N407.077 billion to oil marketers for their outstanding subsidy claims. Minister of Finance, Mrs. Kemi Adeosun, who disclosed this in a statement in Abuja stated that the Presidency had directed that the payments be made immediately in order to bring to a quick end, the lingering fuel crisis which has caused great suffering to Nigerian families and businesses. She said the payments include arrears from the 2014 financial year as well as payments for the current year, while she appealed to major oil marketers to reciprocate the action by doing all they can to bring the fuel scarcity to an end. She also stated that despite dwindling revenues, the government is committed to ensuring continuous availability of fuel to Nigerians. She said: “It is expected that the recipients would ensure adequate supply of fuel to end the persistent fuel shortage in the nation, especially as this action shows that government is fully committed to meeting its financial obligations in respect of fuel subsidy. “Details of the approved payments under the subsidy scheme will be published in the national dailies as has been the practice.” http://www.vanguardngr.com/2015/12/fg-pays-oil-marketers-n407bn-outstanding-subsidy-claims/ |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by sigmundfreud(m): 1:53am On Dec 10, 2015 |
At least we will have fuel for Christmas... |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by nobilis: 2:39am On Dec 10, 2015 |
Now that you've paid this, remove the fuel subsidy with immediate effect. 2 Likes |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by nnachukz(m): 3:08am On Dec 10, 2015 |
If only the government was sincere to herself they would have paid since without exposing us to untold hardship in getting fuel and transportation which have had a serious ripple effect on our economy. 1 Like |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by benpedro(m): 3:38am On Dec 10, 2015 |
'I don't know what is subsidy' Daura President.  2 Likes 2 Shares |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 4:27am On Dec 10, 2015 |
nnachukz: You'd recall that the previous government made no enough budget allocation for subsidy. These same cabal marketers have always done business with government being owed. It's their kicking against the current government that has been making them hold the country to ransom. Buhari sent supplementary budget to National Assembly more than two weeks ago. Instead of them to speedily approve, they didn't discuss it. Instead they were sampling whether to invite Buhari to ask him what is happening. They just approved the supplementary budget this week. Naturally, things will be back to normal this weekend. N.B the DPR's inefficiency was exposed during this fuel crises. The work load was overwhelming for them. 1 Like |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Opinedecandid(m): 4:40am On Dec 10, 2015 |
So they have finally paid the money, finally gotten the money and finally resolved the matters connected there to. I don't want to buy fuel at over 100 naira again. It has never happened that fuel crises can be this biting and last this long. Even if subsidy is removed, which I think the present government should leave this shows of 'slowness' and 'inconclusiveness' and throw away subsidy, we won't still need to buy fuel for over a hundred naira! |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Pavore9: 4:47am On Dec 10, 2015 |
lt is high time we do away with subsidy. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Pavore9: 4:53am On Dec 10, 2015 |
lt is high time we do away with subsidy. A litre of petrol in Kenya news sells for N180 from the N224 before the oil price crash still transport fare is cheaper in Kenya than in Nigeria! 1 Like 1 Share |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by coldsummer: 4:55am On Dec 10, 2015 |
Now they can rest in peace. Make petrol abi oil available please. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Nobody: 5:27am On Dec 10, 2015 |
Good for them
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| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by arsetalks(m): 5:41am On Dec 10, 2015 |
nnachukz:I agree this payment should have been made by now. However, with cash hard to come by these days verifying the claims is a must. GEJ le shoeless allowed the marketers turn themselves to GOD, to reset them to default will take some time but it is obvious to even the blind that PMB is winning the war. 1 Like |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by nnachukz(m): 5:54am On Dec 10, 2015 |
arsetalks:clap for your self. GEJ name may one day reset your destiny. I know you are angry to have seen him match on your head with Italian shoes after telling you he had no shoes. 1 Like |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by arsetalks(m): 5:59am On Dec 10, 2015 |
nnachukz:He scammed you people who voted him now. He lied. You people should have known it was either a lie or he was too careless and should not have been trusted with the lives of 170 million people. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by nnachukz(m): 6:11am On Dec 10, 2015 |
arsetalks:sorry to say this, you be confirmed mumu. What did Buhari say during campaign? He said he had only N1m so he had to take loan to obtain the nomination form. He had just 150 cow. One house in katstina etc. When he won and declared his asset did it tally with his previous statement? Deal with the reality on ground and leave a man who owes you nothing alone. 1 Like |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Meriekriss: 6:21am On Dec 10, 2015 |
Image123: Lol.. Like say u dey the National Assembly to knw when the supplementary budget was sent.. Nigerians will just forge and make up stories just to defend Buhari.. Check my signature for your total interior decoration solutions... |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by greatiyk4u(m): 6:22am On Dec 10, 2015 |
nnachukz: He said he has at least one million Naira in his. Account........ |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Standing5(m): 6:24am On Dec 10, 2015 |
With subsidy budget for 2016 at minimal the marketters shld know whats coming |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by zibi2(m): 6:25am On Dec 10, 2015 |
 Imagine the hardship this administration caused us1 Like 1 Share
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| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by vedaxcool(m): 6:44am On Dec 10, 2015 |
Awon thief thief marketers , we really need to put them in their place. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 11:20am On Dec 10, 2015 |
Meriekriss: Google is free for searching, always try verifying things before conclusion. Buhari sent the supplementary budget to NASS as far as November 18, more than 3weeks ago. It was in the news. Unfortunately, the Presidency and his media team and information minister have been too silent in telling people the state of things. http://www.channelstv.com/2015/11/18/buhari-sends-supplementary-budget-to-national-assembly/ |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by permsec: 11:37am On Dec 10, 2015 |
Image123:[/s] You are such an egotistical reventful Hypocrite. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Emekamex(m): 11:40am On Dec 10, 2015 |
I don't know what is fuel subsidy - Buhari 1 Like 1 Share
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| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Meriekriss: 11:43am On Dec 10, 2015 |
Image123: Nd is it 3weeks ago that they realized a supplementary budget was needed to clear the backlog debts? |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by porka: 11:49am On Dec 10, 2015 |
Image123: Can you listen to yourself? Buhari sent supplementary appropriation to NASS more than two weeks and they approved 'this week', were they supposed to rubber stamp it for Buhari that same day? If Buhari appointed himself as the minister of petroleum and perhaps drawing salary and other perks there-from, who should the national assembly summon to come and defend the budget on petroleum subsidy. Buhari clearly lacks the capacity to function in a democracy and it's affecting Nigeria badly. How can someone even justify sending an appropriation bill to NASS just two weeks ago when the marketers have been demanding for their money since early June while the real fuel scarcity started more than two months ago? BTW, didn't you people say Buhari was 'saving money' for his 'own' 2016 budget; that he has no business with supplementary appropriation? Someone like you was blindly arguing here the other day that Buhari could care less about the rest of the year from May 29th since he wasn't responsible for the current budget. He said all Buhari was doing was sitting idly by for the 2015 budget to 'run out'. Why kind of governance method is that? |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by porka: 12:01pm On Dec 10, 2015 |
Image123: National Assembly approves N574.5bn supplementary budget Publish Date: Dec 1 2015 11:10PM | Updated Date: Dec 2 2015 5:16AM http://www.dailytrust.com.ng/news/general/national-assembly-approves-n574-5bn-supplementary-budget/122291.html#8cpOWSBUcTUBgw7e.99 |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by suxkill: 12:29pm On Dec 10, 2015 |
story 4 d gods!!! I don't know what is fuel subsidy .......bubu fg has stopped paying fuel subsidy........lai fg has paid subsidy to marketers......today's news. until I stop buying fuel 140 per liter,else this story is meant 4 the gods. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 4:16pm On Dec 10, 2015 |
permsec: Have a nice day too. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 4:18pm On Dec 10, 2015 |
Meriekriss: Well, we can blame them for that, but we should also appropriate the blame and fault of the National Assembly in been lax to approve. Marketers in Nigeria are kings, they strike at will, unfortunately they did early. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 4:55pm On Dec 10, 2015 |
porka: They should have expedited action, not for Buhari but for the Nation. i'm sure Buhari did not feel any fuel crises, it is the nation the masses that bore the brunt. Instead, the NASS were busy behaving like the ostrich burying its head in sand. They knew the next thing to do, they had the supplementary budget to approve, but they were passing motion on whether they should invite Buhari to come and tell them about the fuel crises or not. That's politics, should we test our power or flex our muscle on whether Buhari will be summoned or not? The solution was in ther hands but they were playing politics. The contents of the supplementary budget are very straight forward and there was no reduction made at the end. In fact, they ended up adding to it so why the initial waste of time? Buhari clearly lacks the capacity to function in a democracy and it's affecting Nigeria badly. How can someone even justify sending an appropriation bill to NASS just two weeks ago when the marketers have been demanding for their money since early June while the real fuel scarcity started more than two months ago? There you go, evidently you are prejudiced already. It's not the first time government is owing marketers. Government has always owed marketers, even NOI said that during the May fuel crises. The money paid has been owed since last year 2014, it's not just June, there's always been a backlog. The current FG is not taking it easy on the marketers and that is why the marketers are not taking it easy with the FG too. Cancellations and renegotiations, rebiddings and restructurings are ongoing and the marketers are fighting and holding the nation to ransom. The so called CABAL is being tackled, instead of you to excercise patience, understanding and support, you are here talking rubbish. This isn't about APC and PDP or being anti-Buhari or pro-Buhari. Let's do things that will free this nation and move it forward. NOI said earlier in May that they have always owed marketers and Nigerians should not allow themselves to be blackmailed. She said the process of paying marketers is always a rolling process and there has never been a time government reduced its financial obligation to marketers to zero . Do you have any blame for the past government that budgeted 100billion naira only for subsidy in the 2015 budget? BTW, didn't you people say Buhari was 'saving money' for his 'own' 2016 budget; that he has no business with supplementary appropriation? i do not know who you refer to as 'you people', neither am i aware of what such people said. Stereotyping anybody who isn't anti-government is not intelligence neither is it the way forward. The past government handled the fuel crises worse than this in May, they left the country in total standstill. As at April 29, there was already a long wait at petrol stations, and the assurance was given by government. i believe you remember that crises lasted till June. Here is what NOI said in April, yet the crises continued and worsened over a month later "I am about to go and sign, to get that paid and I think that Nigerians can see that the government is making maximum effort to accommodate the oil marketers. They are also Nigerians, and they need to also cooperate with us.” It was still the same story by May 4 despite several meetings. By May 15, situations had worsened and the marketers were demanding for another 200billion naira. It's just this year, if you have forgotten, others have not. The marketers/cabal is what we should fight jointedly instead of making political statements that serve no good purpose. The fuel marketers DECIDED to shelve their swords in June. They decided to bring out that sword again last month. i think we should be patient with the new government. |
| Re: FG Pays Oil Marketers N407bn Outstanding Subsidy Claims. Vangurd by Image123(m): 4:56pm On Dec 10, 2015 |
porka: We are saying the same thing. |
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