BeeOtp:
600yrs of suffering for you sir.. Meanwhile(read on)

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Doesn't matter what Atiku supports or not, so far he is not the President and he's currently not a top govt official like a Petroleum Minister. Atiku is just another typical Nigerian politician and they will always switch mouths wherever the wind of political advantage blows. How many times has he switched from PDP to APC etc? I won't be surprised if he switches to APC before 2023. We can't hold Atiku accountable for the current suffering of Nigerians. It is Buhari that is the President, not Atiku.

timid101:
The question is, if subsidy was truly removed, why is the pump price being increased?

Because it free for all now, no longer controlled, marketers sellwhat they buy

Agbegbaorogboye:

This one will not stop lying with his voodoo theories.

Good morning to you too

Timekeeper:
Atiku well done
I still don't understand the concept of this fuel subsidy... When u give marketers freedom to fix price, wunt they misuse their power?

Wait sef. Who are the marketers sef? Can't fg market their thing, must they employ marketers to advertise fuel..

Who advertise fuel?

Fuel just be like garri wey no need advertisement na


IPhone 6s plus 64gb for grab.. Lagos

subsidy is buying what you have at home from abroad,with the abroad seller adding a margin of profit,you pay freight,pay insurance,pay port charges,pay taxes,add admin cost,add marketers charges,these unnecessary charges is what they want Nigerians to pay , that they are calling subsidies including cost of their corruption

kikero:


Good morning to you too

Marketers are not making profits yet new filling stations are springing up at every nook and cranny of the country.

surgical:
subsidy is buying what you have at home from abroad,with the abroad seller adding a margin of profit,you pay freight,pay insurance,pay port charges,pay taxes,add admin cost,add marketers charges,these unnecessary charges is what they want Nigerians to pay , that they are calling subsidies including cost of their corruption

cc: kikero

timid101:
The question is, if subsidy was truly removed, why is the pump price being increased?

Pump price of fuel will increase or decrease in direct relations to the cost of crude oil in the the international market since we import the fuel.

Stalwert:


Do you know what subsidy is?

You might want to school me....
I'm waiting....
Also you can tell me your level of education before you start the lectures. Bless you

Openbusiness:
Doesn't matter what Atiku supports or not, so far he is not the President and he's currently not a top govt official like a Petroleum Minister. Atiku is just another typical Nigerian politician and they will always switch mouths wherever the wind of political advantage blows. How many times has he switched from PDP to APC etc? I won't be surprised if he switches to APC before 2023. We can't hold Atiku accountable for the current suffering of Nigerians. It is Buhari that is the President, not Atiku.

cc: stalwert
This is free sense for you. You can pick it and use it.

Agbegbaorogboye:

Marketers are not making profits yet new filling stations are springing up at every nook and cranny of the country.

That's easy, government stopped them from importing, made Nnpc the sole importer of fuel, thus marketers have more cash to expand business

They would be building refineries if subsidy went

Ijaya123:


Pump price of fuel will increase or decrease in direct relations to the cost of crude oil in the the international market since we import the fuel.

What is the crude oil swap we're doing for then

Stalwert:
Here is Atiku some months back congratulating the Government for removing subsidy.


https://twitter.com/atiku/status/1268969853056098305?s=19

fuel will be sold between 200 to 250 if naira is increasing being devalued and price of crude oil is going on. if trump win reelection, American economy will be fully reopened. There will be increase in demand for oil.

Olunmercy56:

From comments here ... Its obvious a lot of people here don't even know what subsidy is all about. Subsidizing fuel price means the govt pays marketers extra money to sell fuel cheap for the masses. Assuming the original price is 170, FG ask marketers to sell at 143 and pay the remaining 27 naira. But that has been a massive loophole for corruption from marketers and those in charge. So if fuel subsidy is removed, marketers can choose to sell at any price they wish, there will be competition from marketers to sell which will eventually lead to a drop in price. Because you only go and buy where it is cheaper for you.

Agbegbaorogboye:

cc: kikero

We are buying from abroad because government was keepimg the price of petrol below its production pric


Thus NNpc was not earning the profit to keep up the refineries

As a result we had to import from abroad

And government was forcing marketers to import from.abroad, sell below the importation price and pay the difference

That's a subsidy

But you and the guy you quoted don't understand how it works.

Good morning. Got to get to work now

kikero:


That's easy, government stopped them from importing, made Nnpc the sole importer of fuel, thus marketers have more cash to expand business

They would be building refineries if subsidy went

You have still not answered the simple question. If according to you, the subsidy regime makes fuel distribution and sale unprofitable, why are we having new filling stations being built?
In my area alone, at least four new stations have been built since last year?

Hypocrisy at the highest level Issorite

Agbegbaorogboye:

What is the crude oil swap we're doing for then

Even the swap will reflect the price of crude oil in the international market.

Remember we are not the one refining so we have no say on the pricing. The only way to escape all these is for us to refine what we consume.

post=93551056:
This is not the time to increase fuel price in our darling nation at all.

Not with all that is going on around the world, pandemic et al,
When people are finding it difficult to survive.

This is the same reason we voted out the party of thieves and criminals.

This is not the change we voted for.

The same way we sane, honest and hardworking Nigerians praised this government when they reduced fuel price sometimes ago, we should make sure we put our voice together to castigate and talk against this.

That is the voice the government will listen to,
Not the voice of children of hate, frustration and perdition that have never seen any good thing in our country,
That all they do is to wail continously in life.
They even wailed when the price was reduced.
They have been wailing since PMB won the election, even before swearing in!
They are not wailing for the common man like sane and honest people are doing, but they are wailing in pain that the corrupt money being shared to them by the losers they support is not forthcoming anymore.
They have been so used to corruption, they see it as a way of life.
That is what we stand against.

Sane, honest and hardworking Nigerians,
Let us come together to Say no to this fuel increase, definitely not at this time and ignore enemies of the country that want the evil politicians they voted for to remain in power together.

This is not the change we voted for.
Something must be done about this NOW!
God bless Nigeria.

If you are a genuine Nigerian against this increase like us,
Signify and let us take it from here,
We have the Voice and the power.
And if you are an enemy of the nation,
aka, children of hate and perdition, aka swines, and dare quote this post to wail,
May the suffering of the masses go to your heads and the heads of your looters you support a 100 folds.
May you be strike down with the hatred for our country that has consumed you.
Quote, let us know who will be struck rn!

We Rise


No mind am jare.
All they care about is themselves.
Rubbish!
A better Nigeria is all we want.

is like stipend for this month is yet to drop? Don't very soon u will wail pass wailers.

kikero:


That's a big part of why some of us think subsidies should go

But the thing is, Nigerians like low fuel prices.

In fact, subsidy is one issue where the interests of the elite and the poor coincide. Cheap fuel in return for cheap profits

The irony is removing subsides would have made many of those oil companies you call out richer. And after a period of high prices, competition would have pushed fuel prices down eventually...good for the poor.

But people don't like hardship, and the elite don't want to work for their money

people don't like hardship,

so you are not in the country

Stalwert:
Here is Atiku some months back congratulating the Government for removing subsidy.


https://twitter.com/atiku/status/1268969853056098305?s=19

fuel will be sold between 200 to 250 if naira is increasing being devalued and price of crude oil is going on. if trump win reelection, American economy will be fully reopened. There will be increase in demand for oil.
I have stopped worrying myself about inflation.

kikero:


We are buying from abroad because government was keepimg the price of petrol below its production pric


Thus NNpc was not earning the profit to keep up the refineries

As a result we had to import from abroad

And government was forcing marketers to import from.abroad, sell below the importation price and pay the difference

That's a subsidy

But you and the guy you quoted don't understand how it works.

Good morning. Got to get to work now

Go and check the origin of fuel importation before you start lying again. Fuel importation started because the babangida regime found out it was much cheaper to import fuel than to run the refineries then. Go and find out.

post=93551056:
This is not the time to increase fuel price in our darling nation at all.

Not with all that is going on around the world, pandemic et al,
When people are finding it difficult to survive.

This is the same reason we voted out the party of thieves and criminals.

This is not the change we voted for.

The same way we sane, honest and hardworking Nigerians praised this government when they reduced fuel price sometimes ago, we should make sure we put our voice together to castigate and talk against this.

That is the voice the government will listen to,
Not the voice of children of hate, frustration and perdition that have never seen any good thing in our country,
That all they do is to wail continously in life.
They even wailed when the price was reduced.
They have been wailing since PMB won the election, even before swearing in!
They are not wailing for the common man like sane and honest people are doing, but they are wailing in pain that the corrupt money being shared to them by the losers they support is not forthcoming anymore.
They have been so used to corruption, they see it as a way of life.
That is what we stand against.

Sane, honest and hardworking Nigerians,
Let us come together to Say no to this fuel increase, definitely not at this time and ignore enemies of the country that want the evil politicians they voted for to remain in power together.

This is not the change we voted for.
Something must be done about this NOW!
God bless Nigeria.

If you are a genuine Nigerian against this increase like us,
Signify and let us take it from here,
We have the Voice and the power.
And if you are an enemy of the nation,
aka, children of hate and perdition, aka swines, and dare quote this post to wail,
May the suffering of the masses go to your heads and the heads of your looters you support a 100 folds.
May you be strike down with the hatred for our country that has consumed you.
Quote, let us know who will be struck rn!

We Rise


No mind am jare.
All they care about is themselves.
Rubbish!
A better Nigeria is all we want.

I don't understand wat I am reading sef....let me check the handle agn...













still don't understand. ...I think this handle has been hacked!!!

You mean that's how things will continue until 2023?

solmusdesigns:





Anybody with sense and foresight would support such liberating move, Kingsley Moghalu also supports it... Ngozi Okonjo iweala even threatened Goodluck Jonathan to resign if he doesn't stop the subsidy scam, but Goodluck Jonathan bowed to pressure of paid protesters and political fraudsters called activist


It's a shame it took NNPC Global Economic Meltdown due to covid pandemic, and the incoming economic recession to end subsidy scam


The only succour to contact common man is that many modular refineries are nearing completion accross SS/SE an SW Dangote refinery would start production before 2022


.

What's the price?

Timekeeper:
Atiku well done
I still don't understand the concept of this fuel subsidy... When u give marketers freedom to fix price, wunt they misuse their power?

Wait sef. Who are the marketers sef? Can't fg market their thing, must they employ marketers to advertise fuel..

Who advertise fuel?

Fuel just be like garri wey no need advertisement na


IPhone 6s plus 64gb for grab.. Lagos

Ijaya123:


Even the swap will reflect the price of crude oil in the international market.

Remember we are not the one refining so we have no say on the pricing. The only way to escape all these is for us to refine what we consume.

Even if we're not the one refining, crude oil swap if done rightly, will have fuel sell at a far cheaper price than the international market. That's the principle at least.
What you should ask is when crude oil dropped to below $30, why didn't our fuel price drop below 100 naira? Corruption will exist whether there's subsidy or not

Kaybaba5:
I don't believe it

You just believe that Atiku will just get into Aso Rock and turn water to wine right? Dey there o

Tywo2018:
What's the price?

73k sir

Emmymarvel:
From comments here ... Its obvious a lot of people here don't even know what subsidy is all about. Subsidizing fuel price means the govt pays marketers extra money to sell fuel cheap for the masses. Assuming the original price is 170, FG ask marketers to sell at 143 and pay the remaining 27 naira. But that has been a massive loophole for corruption from marketers and those in charge. So if fuel subsidy is removed, marketers can choose to sell at any price they wish, there will be competition from marketers to sell which will eventually lead to a drop in price. Because you only go and buy where it is cheaper for you.

Don't be deceived. If subsidy has been removed, why is ppmc still fixing prices?