PassingShot:

Those were the backlog of debts left behind by the Ineffectual Buffoon and PDP which PMB inherited.

The same ones he claimed were fraudulent payments?

DonFreshmoney:
APC is a scam, allocating money for crooked lies like subsidy when we know the real intention of the money..

ABBA kyari must be sacked, that guy is a thief and corruption personified in this regime

Did PDP also loot your sense of reasoning?

chronique:
What is evident here, is that there are some idiots amongst us who have been compromised and induced with cash or other material gifts, to come spin things around and deceive the public. FG is paying for subsidy of a product that sells at #145/ltr when the same government claimed that a previous government that was paying for subsidy when the same product was selling for #97/ltr, was committing fraud. It's sad to see people try to twist this around and try to defend this. These people are not talking about how a few individuals in this government are the ones who are deciding and appropriating the amount that is being paid as subsidy to marketers. This is something that should naturally go through the senate for approval. But because of the clandestine nature of the fraud involved, they are operating this covertly/codedly. Anybody who defends this nonsense, doesn't mean well for the country. Buhari is a failure and a worse failure when compared to Jonathan.

Understand that the frauds occurring under the previous govt related to

1.Paying for kerosene subsidy when it had been removed completely

2.Marketers making subsidy claims for fuel. Not imported.

Now

1.GEJ anticipated all that happening, which is why he removed subsidies partially on 2012.Nigerians said no.

2.Bubu ended importation by private marketers and imported the stuff via NNPC, thus ending the scam he referred to in 2014. But issues remain.

3.The solution to this problem is government stops setting prices and allows marketers set prices for the fuel they sell.

[s]

chronique:


The same ones he claimed were fraudulent payments?

[/s]
Use your brain for once. The debt was already incurred and whether those marketers brought the fuel or not, the govt was owing them based on agreement which must be paid. Where is the common sense?

theoldpretender:


Yes, that's the fact. I am ready to do that though my salary go suffer.

Eventually, with more investment flowing in since there are no price controls, things like new jobs, new facilities etc including new refineries would come into place, and prices will fall.

We did that before with the GSM network. An MTN line used to cost 10000. Now it is less than 100. No price control, more investments, lower prices.

Or. Would you like it if government was the one setting the prices of the things you sell if you had a business?

You're ready to do it, maybe you can afford it, do you actually know the consequences, have you heard about something called inflation?
You are a typical self-centred, selfish Nigerian who only thinks about himself alone, sorry the government does not work like that.
Whatever goes up in Nigeria hardly comes down.

Until petrol importation is less than 0%, the real landing cost of petrol will always correlate to the value of dollar to naira no matter the number of your so called investors (your investors will still have to import).

abes:


You're ready to do it, maybe you can afford it, do you actually know the consequences, have you heard about something called inflation?
You are a typical self-centred, selfish Nigerian who only thinks about himself alone, sorry the government does not work like that.
Whatever goes up in Nigeria hardly comes down.

Until petrol importation is less than 0%, the real landing cost of petrol will always correlate to the value of dollar to naira no matter the number of your so called investors (your investors will still have to import).

So how do we stop the subsidy scams that everyone complains about?

How do we get more investment in the downstream sector when government is controlling prices making profit making and by extension job creation difficult?

And where do we get the money for new refineries if investors refuse to come since they cannot make money selling fuel at subsidizing prices?

And I am not rich by the way. Just realistic.

And, defending APC, it is the only way people would stop accusing govt of scams.

Plus other West African countries are just as poor as we are, but they pay more for fuel at the pump.

PassingShot:
[s][/s]
Use your brain for once. The debt was already incurred and whether those marketers brought the fuel or not, the govt was owing them based on agreement which must be paid. Where is the common sense?

Use your brain and stop being a zombie. And the debt was already incurred and must be paid irrespective of whether it was true or not? And the almighty anti-corruption government of buhari, could not get government to investigate the fraudulent payments?

seunmsg:
And this rubbish made sense to Atiku and his team, right?

Presidential election will take place in February while the budget won’t be passed till May or June. So, how will Buhari used the money to fund his campaign?

A smart person ought to know that the money will be spent in anticipation of approval by NASS as was done in the case of the fighter jets Juharil paid for last time.. I don't know why Zombies think everyone else is dumb like them..hope you are not an irredeemable zombie??

theoldpretender:


Understand that the frauds occurring under the previous govt related to

1.Paying for kerosene subsidy when it had been removed completely

2.Marketers making subsidy claims for fuel. Not imported.

Now

1.GEJ anticipated all that happening, which is why he removed subsidies partially on 2012.Nigerians said no.

2.Bubu ended importation by private marketers and imported the stuff via NNPC, thus ending the scam he referred to in 2014. But issues remain.

3.The solution to this problem is government stops setting prices and allows marketers set prices for the fuel they sell.

What does your point 2 under "now" tell you since we're still having same issues as it were when private marketers were importing? Nothing has changed. It means either the same fraud still exists now under nnpc, or it actually never happened under the previous government since we are still having same results.

macuno88:


A smart person ought to know that the money will be spent in anticipation of approval by NASS as was done in the case of the fighter jets Juharil paid for last time.. I don't know why Zombies think everyone else is dumb like them..hope you are not an irredeemable zombie??

God bless you.

[s]

chronique:


Use your brain and stop being a zombie. And the debt was already incurred and must be paid irrespective of whether it was true or not? And the almighty anti-corruption government of buhari, could not get government to investigate the fraudulent payments?

[/s]
Go school first.

chronique:



What does your point 2 under "now" tell you since we're still having same issues as it were when private marketers were importing? Nothing has changed. It means either the same fraud still exists now under nnpc, or it actually never happened under the previous government since we are still having same results.

So, you would support a fuel subsidies removal, with the antecedent incredible price?

Mind you, that is my solution to all the scam issues

theoldpretender:


So how do we stop the subsidy scams that everyone complains about?

How do we get more investment in the downstream sector when government is controlling prices making profit making and by extension job creation difficult?

And where do we get the money for new refineries if investors refuse to come since they cannot make money selling fuel at subsidizing prices?

And I am not rich by the way. Just realistic.

And, defending APC, it is the only way people would stop accusing govt of scams.

Plus other West African countries are just as poor as we are, but they pay more for fuel at the pump.

You're right, it should be removed but it has to be a gradual removal.

N1.3tr was spent on subsidy in a year some years back, now we are talking about around N236bn, that's the trend I like.

Yes he can. With "share" and "like" on Facebook and tweeter. What do you expect from someone who travelled to Dubai to design an economic template to used in Nigeria, only to realized the template would not fly.[/quote]

But Atiku and his party still dey complain say APC no camping now,PDP is confused

Atiku been screaming and running his mouth cos he already knew he will lose to the incumbent. This is a power of incumbent at work so shut up. Anyone of you can use whatever means he thinks will make him emerge as the winner at the end of the day. After all, all of you are involved in rigging already. This is Nigeria, all Nigerian politicians are into the business of rigging. So if you lose you lose. GEJ used the country fund for 2015 and yet he lost, so shut up, if Buhari will loose he will, even if he used country money. Atiku is rich so bring out enough money to buy votes too or shut up, you guys are all the same. If he was the incumbent won't he uses the country fund for election? Now that the odds is against him he started ranting.

Atiku and his party is confused

Yankee101:
All these big allocations are to fund APC elections

We care-less about that. PDP, had their time in 2015, GEJ uses the country resources for election too, no b today yanch dey back and breast dey front. Atiku cannot win an election like this period. If he was the president too, he will use the power of incumbents and even abuse it in the same manner so he should shut up and face front. Why person go get level and refuse to use am? Abeg as it is now, Buhari is the current president, he should his power of incumbent well. No be today power of incumbent dey exist, all over Africa they do it. Atiku is only made he is not the president at this time of elections.

Sorry Atiku, but Buhari doesn't have a criminal mind like you.

theoldpretender:


So how do we stop the subsidy scams that everyone complains about?

How do we get more investment in the downstream sector when government is controlling prices making profit making and by extension job creation difficult?

And where do we get the money for new refineries if investors refuse to come since they cannot make money selling fuel at subsidizing prices?

And I am not rich by the way. Just realistic.

And, defending APC, it is the only way people would stop accusing govt of scams.

Plus other West African countries are just as poor as we are, but they pay more for fuel at the pump.

Wallahi , me sef I'm already tired of explaining this subsidy ish for people.

Their normal annoying response is " but wages are low , why will you now say they should remove subsidy ? "

escodotman:
I've always said this and will still repeat it; when Buhari and his looting cabal leaves power, Nigerians would be shocked to see the monumental corruption and reckless looting they did while in office. The incoming administration should begin their probe from Abba Kyari.

The incoming administration is not going to investigate anything because they'll be to busy looting the scraps left. Dump NPC subhuman.

PassingShot:
Atiku is an idiot to be playing this politics when he knows the truth.

To those who don't know, this govt, unlike the one before it, doesn't pay any subsidy to importers any longer. The govt invariably provides for the difference between what petrol sells and what it should sell. It's like selling below a profitable selling price. And who gets the payment? It's NNPC and not any marketer.

Major marketers are still paid,I think.

that's what you believed but come 2019 we are ready to join hands together with a visionary @Atiku with Holy Ghost fire extinguisher to stop the wicked fire you guys has been using to destroy this country

helinues:
Atiku is playing with fire ( Nigerians) which will consume him.

Same budget that will be passed after the election.. Abi no be Chief Saraki and co

You can't win an election this way

ayobamiakinrind:


Major marketers are still paid,I think.

Paid for money owed by past govt of GEJ.

PassingShot:
Atiku is an idiot to be playing this politics when he knows the truth.

To those who don't know, this govt, unlike the one before it, doesn't pay any subsidy to importers any longer. The govt invariably provides for the difference between what petrol sells and what it should sell. It's like selling below a profitable selling price. And who gets the payment? It's NNPC and not any marketer.

...bros, u need treatment!

Uncletony:
buhari/jubril is a terrorist. never again!

How will you feel someone called your Father a Terrorist.

post=74117878:
ATIKU IS IN TROUBLE and serious PAINS .

Sane, honest and hard-working Nigerians dont need one kobo from Baba for us to give him our votes....Baba is not even ready to give a penny anyways!
SAI BABA.

...clear description of a zombie!

martineverest:
discrediting Buhari's efforts is now atiku's election manifesto....smh

Atiku has no plans for Nigerians, he thinks talking bad about this Administration will give pass mark or make people to vote him.

DonFreshmoney:
APC is a scam, allocating money for crooked lies like subsidy when we know the real intention of the money..

ABBA kyari must be sacked, that guy is a thief and corruption personified in this regime

ABBA kyari are you the one to sack he.

PDP is a Fraud.

BUHARI HAS FAILED NIGERIANS