sage101:
Same Buhari that said "Whats Subsidy"


And even announced it has been removed and thats while Fuel Price was increased to #145

Nitah1:
Is for gej debt,not for a fresh subsidies.

Ogaga87:
And fuel is 145
The looters left it at 97

Ogaga87:
And fuel is 145
The looters left it at 97
Looters budget -- 4.5 trillion subsequently for 4years under GEJ
Integrity budget -- 6.5 in 2015 and 8.8 trillion in 2019

What is your standard of living naijas

emmie14:


Bro. Abeg how much will it cost these foo..ilsh leaders to get our refineries working?

Nitah1:
As old as you are u cannot follow national politics, instead you gets ur news from beer parlour.
That money is for the payment of gej subsidy debt.

BlackSpanner:
How can a serious government present a budget 6 days to Christmas knowing fully well that the NASS will be shutting down for the year anytime soon.

When they reconvene by January, most of them will be preoccupied with campaigns rather than passing this budget. I'm afraid this budget might be passed by May 2019.

The same people who carried out the occupy Nigeria protest during the GEJ administration telling us that subsidy is a scam now with no shame are voting billions of Naira in the budget. Nigerians indeed deserve something better than this APC scam government.

Nitah1:
Is for gej debt,not for a fresh subsidies.

theoldpretender:


Even if all our refineries are working...we would still need to import because the last one was opened in 1988....when our fuel needs were far less than they are now.

And someone estimated we would need to import fuel as much as 50million liters per day even when refinereis work.

Dangote.?....Dangote is coming on stream at quarter capacity....and is set to reach half capacity by 2030...so dont rely on Dangote.

Only way we can build more refineries....now that we are not earning enough from oil....is to remove fuel subsidy which means high prices of N250 or more for petrol...but more investors come in.

gurunlocker:



Buhari is a scam please! From not knowing what fuel subsidy is, to removing fuel subsidy and increasing pump price to #145, and now paying huge money for that same subsidy that has been removed


Yahoo Bubu No Laptop (YBNL)

emmie14:

They should allow investors to come in and expand our refineries to production capacity that can meet up with the demands of our population

SmilingMary:


Will u just shut da hell up.... Is ur brain paining u or u just choose to be this stewpid

Andrewkinggg:

You have problem

Osgilliat:
Fact

theoldpretender:


1.Bubu made the 'not knowing comment' in the face of the scams that were happening in the sector...scams which probably won't have happened if GEJ had been allowed to remive fuel subsidy in 2012.

2.At the time fuel was increased to N145....landing cost of one liter was N132 . We were selling fuel at N87. Meaning most marketers were selling at a loss. And then there were the debts in subsdiy claims form the GEJ admin (another effect of GEJ being forced to reverse his subsidy removal in 2012). OF COURSE BUBU HAD TO REMOVE SUBSIDY PARTIALLY...or else , most marketers would have gone out of business...or therre would have been permanent scarcity.

3.What happened was partial removal. (At the same time, NNPC was made the sole importer of fuel...and subsides are now paid to NNPC...instead of to marketers as before.). As long as government still sets the price, it isn't subsidy removal. Keep that in mind.

4.We need at least 3 new refienries, in additon to Dangote...to improve domestic refining capacity. And the only way to get there...compel;tely remoive subsidy, allow markterts set their prices the way they want (like in the GSM sector)...and who knows...investors will come and do things like new refineries (since they can now refine and sell at a profit)>

(Which is why Atiku's N90 for fuel plan won't work...it would make things worse...and it means increased subsidy payments).

arrestdarrester:
With N305bn for subsidies I can confidently tell you the new fuel price for 2019.

This next level (God forbid) go harsh, na lie, e go wicked die!

Omeokachie:
In 2014, Buhari claimed not to know what subsidy was, but today he has paid more subsidy than any government in the history of Nigeria.

Hypocrisy and lies can only take a man a few steps, but truth will overtake in no time.

gurunlocker:


What happened to the promise of fixing the refineries by 2019 according to this administration, in which Kachukwu said he will resign if our refineries is not functioning by 2019? Remember he said its no longer feasible again?

Do you know we will be spending $1bn on fuel subsidy in the next 3 years if this continues? Not adding how much has been spent already?

deolu2000:
APC and scam are inseparable. First they claimed subsidy is non existent and that GEJ and co are only stealing the funds, we the gullible went and occupy Nigeria. Finally they came to power and told us that if we allow them increase pump price, that in six months, our refineries will be fully operational and competition among the marketers will drive down the cost of PMS, boom they increased from #97-145. only for them to go about claiming to be paying 10X the value of subsidy to marketers despite all their claims.
my questions are the following,
1. Has our population increased so much? that we now utilize such volume of PMS within the period.
2. What happened to the money they claim they will save so as to get our refineries working, after all it is almost 3yrs now and no refinery is working more than at 25% capacity?
3. if our Budget increased from 4.2tr under GEJ to 8.8tr, please how has this reflected on our lives as ordinary citizens trying to survive on the streets?
someone should please enlighten me

Nitah1:
Is for gej debt,not for a fresh subsidies.