Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,798,268 members, 6,686,256 topics. Date: Friday, 21 January 2022 at 10:43 PM

No Going Back On Subsidy Removal - FG - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / No Going Back On Subsidy Removal - FG (25793 Views)

No Going Back On Ekpeyong, Oke’s Arrest, Says Magu / No Going Back On Magu’s Rejection – Senators / Al-Makura: Salary Cut, No Going Back (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

No Going Back On Subsidy Removal - FG by kingsman66(m): 9:04pm On Apr 06, 2016
The Federal Government, Monday, said it is not going back on its decision to remove subsidy from Premium Motor Spirit, also known as petrol.

Specifically, the Petroleum Products Pricing Regulatory Agency, PPPRA, in a statement signed by its Acting Executive Secretary, Mrs. Sotonye Iyoyo, explained that what currently exists is the price modulation mechanism through which price of PMS is adjusted in line with market realities.

She said, “Contrary to reports by a Section of the Nigerian Media, the Federal Government has not reversed its decision to remove subsidy on Premium Motor Spirit (PMS), moreso when there is no appropriation for subsidy in the 2016 budget.

“The PPPRA wishes to state categorically that what still exists is Price Modulation Policy, through which it considers and reviews pump price of PMS quarterly.

“The Agency also wishes to assure Nigerians that the funds from Over-Recovery in the first quarter (Q1) shall be duly utilized for whatever noticeable imbalance in April 2016 in line with the Price Modulation Principle.

“While appreciating the patience of Nigerians, the PPPRA wishes to reiterate its commitment to ensuring seamless supply and distribution of petroleum products in the Country.”


http://www.vanguardngr.com/2016/04/no-going-back-subsidy-removal-fg/

2 Likes 3 Shares

Re: No Going Back On Subsidy Removal - FG by Ohammadike: 9:07pm On Apr 06, 2016
Confused government

36 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by dokunbam(m): 9:16pm On Apr 06, 2016
Source

I believe their decision is for a good cause and to rid the sector of corruption.

99100:


... but similar move from GEJ govt was for a bad cause ..
abi ? hence the protest from the same APC back then. hmm.. hypocrisy of the highest order if u ask me.
Yeye dey smell.

The Jonathan's government of corruption abi?

Then stealing wasn't corruption that's what he said

steppin:

When GEJ did it, it wasn't for a good cause. But now, it suddenly turned to a good cause. Thunder wey go fire dis zombies eh!

Your GEJ that has corruption written all over him. You guys no dey use brain sha. He and his cohorts would have embezzled money saved from subsidy removal as usual.

What I know is PMB will not be as careless and useless as GEJ

steppin:

Would have... Story for the gods.
This people are shameless! Zombie

Haa

Now it's story abi.

Instead of you guys to cover your faces in shame. wailers.

cheesy

39 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by ThankGodEdeh(m): 9:17pm On Apr 06, 2016
Government of U turn

44 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by ArodewilliamsT: 9:39pm On Apr 06, 2016
I thought APC have argued for years that there was nothing like subsidy? Thank God I'm not a poor man. Even if fuel is N500/ litre, I can still afford it. The poor chanji zombies in Osun should gnash their teeth. Their cries are music to my ears. Demented Tajus and ZOMBIMAJIRIS!

grin grin grin

140 Likes 9 Shares

Re: No Going Back On Subsidy Removal - FG by 99100(m): 9:53pm On Apr 06, 2016
dokunbam:
Source

I believe their decision is for a good cause and to rid the sector of corruption

... but similar move from GEJ govt was for a bad cause ..
abi ? hence the protest from the same APC back then. hmm.. hypocrisy of the highest order if u ask me.
Yeye dey smell.

142 Likes 11 Shares

Re: No Going Back On Subsidy Removal - FG by drss(m): 9:54pm On Apr 06, 2016
hahaahahahahahaha dis APC govt just dey full of dull pipul. dem tink say international oyel price no go increase soon if d price increase how dem fuel price go be for hia dem no know wetin NLC dey plan for dem if dem try comot fuel subsidy. d way fuel subsidy removal go backfire big time for buari govt, dem go regret say dem no support GEJ's subsidy removal for 2012.

42 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by otokx(m): 10:21pm On Apr 06, 2016
170 per litre pump price in Port Harcourt.

17 Likes 3 Shares

Re: No Going Back On Subsidy Removal - FG by RALPHOW(m): 10:34pm On Apr 06, 2016
99100:


... but similar move from GEJ govt was for a bad cause ..
abi ? hence the protest from the same APC back then. hmm.. hypocrisy of the highest order if u ask me.
Yeye dey smell.

You and I knows that every decision took by that regime has CORRUPTION in its background.

9 Likes

Re: No Going Back On Subsidy Removal - FG by Fmartin(m): 10:36pm On Apr 06, 2016
Wailers una food don ready. grin

2 Likes

Re: No Going Back On Subsidy Removal - FG by mightyhazel: 10:44pm On Apr 06, 2016
Smh!

















Smdh!

6 Likes

Re: No Going Back On Subsidy Removal - FG by Nobody: 12:07am On Apr 07, 2016
Government should hands-off the oil sector and leave market forces to determine the price. We would not be in the fuel crisis we are today if the federal government has not continued to overly superintend the oil industry.

8 Likes 1 Share

Re: No Going Back On Subsidy Removal - FG by pedel: 1:38am On Apr 07, 2016
RALPHOW:


You and I knows that every decision took by that regime has CORRUPTION in its background.

You are right. The introduction of new plate numbers, drivers licence and the so called e-passport. Everything was corruption propagating.
The last administration created the situation the country is in today.

5 Likes

Re: No Going Back On Subsidy Removal - FG by ALMUSTAQIM(m): 2:59am On Apr 07, 2016
YES THERE SHOULD BE NO GOING BACK ON SUBSIDY REMOVAL.
Re: No Going Back On Subsidy Removal - FG by kendo24(m): 3:12am On Apr 07, 2016
GEJ is fore sighted. He inadvertently knew we wud get here some day, hence, his earlier decision to remove subsidy. But some uniformed idiots decided to occupy Nigeria at freedom park, exposing their gullibility to the whole world...#changeINDEED

56 Likes 1 Share

Re: No Going Back On Subsidy Removal - FG by omowolewa: 3:15am On Apr 07, 2016
Price padding

1 Like

Re: No Going Back On Subsidy Removal - FG by westlius(m): 3:19am On Apr 07, 2016
Naija is movin to d era of donkeys, camels and horses for transportation.
A P C Change

8 Likes

Re: No Going Back On Subsidy Removal - FG by jmichlins(m): 3:48am On Apr 07, 2016
No be CHANGE be this? Everything is subject to change and change again

3 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by blackpanda: 4:45am On Apr 07, 2016
ArodewilliamsT:
I thought APC have argued for years that there was nothing like subsidy? Thank God I'm not a poor man. Even if fuel is N500/ litre, I cam still afford it. The poor chanji zombies in Osun should gnash their teeth. Their cries are music to my ears.

grin grin

You shld read before commenting. Its not only about you, rather how to move this country forward. Stop being selfish!

7 Likes

Re: No Going Back On Subsidy Removal - FG by blackpanda: 4:49am On Apr 07, 2016
kendo24:
GEJ is fore sighted. He inadvertently knew we wud get here some day, hence, his earlier decision to remove subsidy. But some uniformed idiots decided to occupy Nigeria at freedom park, exposing their gullibility to the whole world...#changeINDEED

Gej didnt have any foresight. How can u remove subsidy when there are no structures on ground, comatose refineries and pms was selling at an all time high in international market. That doesnt make sense. Govt is able to remove it now because concerted efforts have been made to provide enabling structures.

3 Likes 1 Share

Re: No Going Back On Subsidy Removal - FG by SleekMallam: 6:17am On Apr 07, 2016
blackpanda:


Gej didnt have any foresight. How can u remove subsidy when there are no structures on ground, comatose refineries and pms was selling at an all time high in international market. That doesnt make sense. Govt is able to remove it now because concerted efforts have been made to provide enabling structures.
Human beings of Nigeria defending mediocrity.

60 Likes 3 Shares

Re: No Going Back On Subsidy Removal - FG by frankyychiji(f): 6:27am On Apr 07, 2016
RALPHOW:


You and I knows that every decision took by that regime has CORRUPTION in its background.
. I am sure they were the ones also responsible for the 2016 budget of yams. Jobless dumb yoots everywhere!

31 Likes 1 Share

Re: No Going Back On Subsidy Removal - FG by frankyychiji(f): 6:30am On Apr 07, 2016
Fmartin:
Wailers una food don ready. grin
Abii? This Dullarpo guy and his official appendages are making sure of that with their cluelessness.

4 Likes 2 Shares

Re: No Going Back On Subsidy Removal - FG by frankyychiji(f): 6:33am On Apr 07, 2016
pedel:


You are right. The introduction of new plate numbers, drivers licence and the so called e-passport. Everything was corruption propagating.
The last administration created the situation the country is in today.
How old are you? Goan check, i am sure your forefathers were the ones that introduced racketeering in those places long before you were born. Goan check.

5 Likes

Re: No Going Back On Subsidy Removal - FG by mbhs139(m): 6:33am On Apr 07, 2016
Ohammadike:
Confused government

I don't really think the Govt is confused, I think it's the Nigerian press that hasn't been giving us the story the way they ought to- sensationalism is their order of the day.

1 Like

Re: No Going Back On Subsidy Removal - FG by frankyychiji(f): 6:37am On Apr 07, 2016
blackpanda:


Gej didnt have any foresight. How can u remove subsidy when there are no structures on ground, comatose refineries and pms was selling at an all time high in international market. That doesnt make sense. Govt is able to remove it now because concerted efforts have been made to provide enabling structures.
can you please tell us what concerted effort a one year govt without a policy direction have made to provide enabling structures? What do you mean by enabling structure in the context anyway?

34 Likes 1 Share

Re: No Going Back On Subsidy Removal - FG by frankyychiji(f): 6:40am On Apr 07, 2016
mbhs139:


I don't really think the Govt is confused, I think it's the Nigerian press that hasn't been giving us the story the way they ought to- sensationalism is their order of the day.
Confused government. From one policy somersault to the other, Nigeria is there lab and we are the lab rats used by a clueless trial and error regime.

1 Like

Re: No Going Back On Subsidy Removal - FG by BeardedMeat(m): 6:45am On Apr 07, 2016
RALPHOW:


You and I knows that every decision took by that regime has CORRUPTION in its background.
see grammar!!! Na wa o! The next thing now he will say "I did not misuse my life as a yoot".

7 Likes

Re: No Going Back On Subsidy Removal - FG by Caseless: 6:46am On Apr 07, 2016
Do that already!
Re: No Going Back On Subsidy Removal - FG by omenka(m): 6:50am On Apr 07, 2016
Contrary to reports by a Section of the Nigerian Media, the Federal Government has not reversed its decision to remove subsidy on Premium Motor Spirit (PMS), moreso when there is no appropriation for subsidy in the 2016 budget.
This was exactly what I thought when I saw the news on Nairaland fp.

I wonder who these people spreading these fake news are. The gang-up by a section of the media against this government is just appalling.

2 Likes

Re: No Going Back On Subsidy Removal - FG by 1shortblackboy: 7:20am On Apr 07, 2016
blackpanda:


Gej didnt have any foresight. How can u remove subsidy when there are no structures on ground, comatose refineries and pms was selling at an all time high in international market. That doesnt make sense. Govt is able to remove it now because concerted efforts have been made to provide enabling structures.
And the enabling structures must be working seemlessly as there is abundant fuel at affordable price everywhere. *In PEJ's voice* KONTINUE!!

17 Likes

Re: No Going Back On Subsidy Removal - FG by mayorjosh(m): 7:32am On Apr 07, 2016
she you guys should do something fast cos I bought 25litres of fuel 9k yesterday and it's annoying

1 Like

(1) (2) (3) (4) (5) (Reply)

"Buhari's Situation Is Not Like Yar’adua’s Situation" – Femi Adesina / 2015 Poll: Why I Conceded Defeat – Jonathan / Yahaya Sharif-Aminu Death Sentence: Falana Drags FG, Kano To African Commission

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 101
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.