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Nairaland Forum / Nairaland / General / Politics / NNPC: No More Payment Of Oil Subsidy Going Forward (40235 Views)
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NNPC: No More Payment Of Oil Subsidy Going Forward by gr8keeng: 3:35am On Apr 07, 2020 |
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, Monday, hinted of a possible deregulation of the Nigerian downstream petroleum sector, stating that the Federal Government has eliminated subsidy and under recovery in the industry.https://www.vanguardngr.com/2020/04/oil-price-slump-fg-not-returning-fuel-subsidy-under-recovery-nnpc/ 15 Likes 1 Share
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Re: NNPC: No More Payment Of Oil Subsidy Going Forward by donvicky2007: 3:48am On Apr 07, 2020 |
You have done well. 25 Likes 2 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by seunlayi(m): 3:51am On Apr 07, 2020 |
So far, thanks uncle Covid-19. I also hope that Uncle Covid-19 will help us to perform a factory reset on the Operating system of our politicians Judges Legislators Our law enforcement agents Etc 115 Likes 9 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Nobody: 4:01am On Apr 07, 2020 |
We have heard this crap several times, which was why you guys increased pump price when you came to power and yet, we later heard you were still paying subsidy. Kuku tell us you want to deceive us again as usual so you could prevail on increasing the pump price further. Wait a minute, where are the proofs of what you said you would use the proceeds for, which you showed us on telly in 3D when you took office, begging us to endure and comply with you? Where are the jobs, improved security, the massive infrastructural development, good health care, etc which you promised us the subsidy proceeds would be used for ? Are we not the biggest country in africa with the least number of ventilators? God is so merciful on us. Had what hit newyork been our experience in Nigeria, by now everyone would have been long forgotten , given your ineptitude. Tell us you are increasing the pump price again and stop talking about subsidy removal. 288 Likes 15 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Yankee101: 4:05am On Apr 07, 2020 |
If you like keep paying until Nigeria becomes broke like Venezuela and the people turn against you and eat you alive 101 Likes 5 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by daddytime(m): 4:06am On Apr 07, 2020 |
The usual mumbo-jumbo with no measurable benefit to the poor citizens. Throw and band high-fancy sounding words about just so you'd be thought to be working or knowledgeable. 50 Likes 5 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by IamCookie(f): 4:13am On Apr 07, 2020 |
Whatever! 3 Likes |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by seedorfg(m): 4:14am On Apr 07, 2020 |
OK here we are again, no more payment of subsidy. I hope the music won't change volume tomorrow that we are paying 1Trillion for subsidy again o. Because our government have two mouth, their will say yes today and still come out to say no tomorrow. 30 Likes 2 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Nobody: 4:16am On Apr 07, 2020 |
I won't believe it until marketers are allowed to set their prices for fuel, not the government. So long as government sets prices there is a subsidy. 88 Likes 3 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Mikelarteta(m): 4:25am On Apr 07, 2020 |
I knew the moment they reduced pump price to N125, they have sinister motive. The coast is now clear from them to finally sell at 180 they had always wanted, they are just waiting for the appropriate time. This is a government that prior to 2015 claimed there was nothing h like fuel subsidy even though fuel was sold at 87 at that time. Here we are buying gas at 145 and this stupid idiots still talking about subsidy. 92 Likes 5 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by sam4noow(m): 4:26am On Apr 07, 2020 |
Ohh dammnn shiiitttt nigggaarr Well I've nothing to say.. I don't know if the next person below have something reasonable to comment 1 Like |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Commonsense99: 4:27am On Apr 07, 2020 |
Until Nigerians decide to take matters into their hands and confront these guys by way of revolution, all these nasty lies will not end. 67 Likes 5 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Hemanwel(m): 4:28am On Apr 07, 2020 |
Sometimes, when I hear people say that this APC government is taking Nigerians for fools, I think they are understating it. I am honestly still searching for the right word to use in describing what this APC government takes Nigerians to be. 46 Likes 2 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Daslim180(m): 4:28am On Apr 07, 2020 |
Covid-19 has humble them... |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by princeade86(m): 4:28am On Apr 07, 2020 |
Another story 2 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by LOVEGINO(m): 4:29am On Apr 07, 2020 |
All hail king covid19. More gud news re yet to come from our heartless government. 5 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Mac2016(m): 4:30am On Apr 07, 2020 |
Okay |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by shiki(m): 4:30am On Apr 07, 2020 |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Heffe: 4:31am On Apr 07, 2020 |
Mumu government, voted by mumu people.. Let's enjoy the messiah y'all imposed on us 28 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by seangy4konji: 4:33am On Apr 07, 2020 |
Na today.. It don teh ooo.. Dem just deh bobo us... We still in poverty. 3 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Nobody: 4:35am On Apr 07, 2020 |
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Re: NNPC: No More Payment Of Oil Subsidy Going Forward by horsepower102: 4:36am On Apr 07, 2020 |
Fuel scarcity and protests loading........ 6 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Nobody: 4:36am On Apr 07, 2020 |
IamCookie:It's obvious you do not understand this one at all. ....Naaa their Language be that when dem no understand 10 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by SoNature(m): 4:37am On Apr 07, 2020 |
While we are anxious to see post-coronavirus Nigeria, I must point out that there are clear indications that that era will not be funny. Why are we always talking about crude oil price in this country? Why is diversification taking so long to achieve? I don't understand why Nigeria should depend on petrodollars to run her economy - a commodity we don't even have control over its price. 10 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by MrImole: 4:38am On Apr 07, 2020 |
Seriously? |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Pavore9: 4:38am On Apr 07, 2020 |
This is not the first time of hearing such. 1 Like |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Splashme: 4:38am On Apr 07, 2020 |
So, why is NNPC still fixing prices? Why not allow marketers sell at market prices ? The mere fact that NNPC is still fixing prices to allow for uniformity nationwide means there will definitely be subsidy $ 13 Likes 1 Share |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by careytommy37(m): 4:38am On Apr 07, 2020 |
las Las we go get sense by force 2 Likes |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Nobody: 4:40am On Apr 07, 2020 |
LOVEGINO: They stole the country blind. Excess crude, wiped out. Pension fund, wiped out. NHIS, wiped out. Foreign reserves, wiped out. Sovereign wealth fund, ditto. They could have drifted until 2023, but the global dip in crude prices has left them broke. Shege! 26 Likes 2 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by Chivasex: 4:41am On Apr 07, 2020 |
finally. Thank God 1 Like |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by whytediamond(m): 4:43am On Apr 07, 2020 |
As a Nation, we've refused to learn from history. We repeat the same old mistake expect a different result this time. We go down the same old road expecting to arrive at a different destination. Since we've refused to copy the templates of countries that wore same clothes like us in times past; we are not ready to go anywhere meaningful. These countries have gone on to become giants in the global scheme of affairs, talking about China, Malaysia, Indonesia, Singapore, UAE, India and so many other smaller nations like Rwanda etc. The templates they used, if applied here in Nigeria, will still work perfectly, but our leaders are too greedy, the masses are too lazy. The country cannot swallow its useless pride and shun religious and ethnic bias. WE ARE NOT READY FOR PROGRESS. I DEY VEX ALREADY. 10 Likes 2 Shares |
Re: NNPC: No More Payment Of Oil Subsidy Going Forward by bendazum: 4:47am On Apr 07, 2020 |
kikero: You mean greedy marketers. 10 Likes 3 Shares |
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