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Stats: 2,867,702 members, 6,882,081 topics. Date: Thursday, 26 May 2022 at 01:14 PM
|Governors Seek End To Petrol Subsidy by dre11(m): 7:54am On Apr 30, 2021|
•Fed Govt ‘not moved’ by oil firms’ letter
•Labour awaits invitation for meeting
By Nduka Chiejina, Abuja
|Re: Governors Seek End To Petrol Subsidy by MEGA4BILLION(m): 7:56am On Apr 30, 2021|
Administration of lies by liers and for those who love lies.
How many times will this administration remove subsidy.
32 Likes 4 Shares
|Re: Governors Seek End To Petrol Subsidy by Simplyleo: 7:57am On Apr 30, 2021|
Removal of the damn fuel subsidy thing is long overdue. Some unintelligent humans with appropriate connections are enriching themselves with it.
Remove it and add another line of allowance to workers salary to cushion the effect of its removal. The additional allowance may be called any appropriate name.
9 Likes 2 Shares
|Re: Governors Seek End To Petrol Subsidy by helinues: 7:58am On Apr 30, 2021|
Please what is the meaning of subsidy? What's subsidized?
So the then opposition fought about removing subsidy, but after getting the power, they are still paying for that same subsidy while the present opposition dey look like dundee.
16 Likes 1 Share
|Re: Governors Seek End To Petrol Subsidy by liajosh(m): 8:00am On Apr 30, 2021|
Another governor, said: “Total withdrawal of petrol subsidy is inevitable. It is a reality we have to face as a nation.I hope they know what they a doing, the consequence will be daring.
The people are frustrated already don't push your luck.
|Re: Governors Seek End To Petrol Subsidy by Sunnybay7: 8:04am On Apr 30, 2021|
They are not feeling the heat, everybody just wants more money to spend. No single form of innovation, no creativity, no ingenious idea. All they know is share money.
Diversify for once and stop talking about oil.
22 Likes 2 Shares
|Re: Governors Seek End To Petrol Subsidy by Amotolongbo(f): 8:05am On Apr 30, 2021|
The governors are lazy. They just want to be sitting down in office and travel to Abuja to collect allocation every month end.
This system of government will collapse the nation even if we don’t have the insecurity problem.
They all met to back NNPC’s claim to remove the Fuel subsidy so that they can have their allocation for the month of May. When the people starts revolting, they won’t beat the heat but the president.
Governorship is about state sacrifice and proffering solutions on how the state can generate IGR which will make the state self sustaining and not having to rely on Federal allocation to stand which gives federalism its true meaning
|Re: Governors Seek End To Petrol Subsidy by Officialgarri: 8:10am On Apr 30, 2021|
And when PMS is stripped of subsidy and then it sells at the rate of #250/ litre, who will then take the blames when people start to wail?
These same Governors or the President again?
|Re: Governors Seek End To Petrol Subsidy by inoki247: 8:16am On Apr 30, 2021|
Abeg where Fashola I remember den e follow people wey protest Subsidy...
|Re: Governors Seek End To Petrol Subsidy by Tolexander: 8:18am On Apr 30, 2021|
“We have made some cost saving recommendations to the government team led by the Secretary to the Government of the Federation, Mr. Boss Mustapha. We said N168 per litre pump price is realistic. We have rejected either N209.61 per litre or N212.61 per litre.”Something baffles me so much.
The reason why the landing cost of the petrol has been increasing has been attached to the increase in the price of crude oil which is the raw material for petrol. The price is currently around $70 per barrel. And the speculated pump price if the subsidy is removed is between N209.61 and N212.61 per liter.
Now if the crude oil price now returns to about N130 per barrel, what will now be the landing cost of petrol and the pump price ?
|Re: Governors Seek End To Petrol Subsidy by Sunnybay7: 8:20am On Apr 30, 2021|
|Re: Governors Seek End To Petrol Subsidy by seunmsg(m): 8:45am On Apr 30, 2021|
Will labour and in fact Nigerians agree to this? Will the governors come out boldly irrespective of party affiliation to defend the decision when the people start protesting?
Removal of subsidy is inevitable but we must be conscious of the effect on the people. The rate of inflation is currently very high so increasing fuel price to over N200 per liter will only worsen an already bad situation.
Federal and state governments should engage more with labour and Nigerians in an open, honest and transparent manner. All the facts should be laid on the table and all alternatives considered.
|Re: Governors Seek End To Petrol Subsidy by Otuegbe: 8:53am On Apr 30, 2021|
which sector of this country is Buhari even trying
|Re: Governors Seek End To Petrol Subsidy by Igbochief001(m): 8:59am On Apr 30, 2021|
Simplyleo:Lmao � people sha ..so what would be the difference
If same money is spent on 1% of Nigerians that are civil servants ...at least 60% of nigerians benefits from subsidy
They said free of cash you want to add more expenses ....
Civil servants are worse than politicians they eat up 70% of our collective revenue
|Re: Governors Seek End To Petrol Subsidy by Simplyleo: 9:54am On Apr 30, 2021|
Igbochief001:Note, everyone might not be a civil servant but most civil servants have dependants.
If the subsidy is sustained, few individuals latch on to it to enrich themselves.
If the subsidy is withdrawn so it could be reinvested, then reinvested in what?
Roads? Rubbish, good as enriching few.
Any other infrastructure? Another rubbish.
Employment generation? Cant be done with sincerity, thereby reverting to same problem.
Only way out, add another line to workers allowances to cushion the effect.
Also, on civil servants being worse than politicians, I'm still struggling to understand what that means. Because, last time I checked, civil servants only get paid their monthly salaries at the end of every month.
|Re: Governors Seek End To Petrol Subsidy by Igbochief001(m): 9:58am On Apr 30, 2021|
Simplyleo:What's the percentage of our revenue we spend on civil servants ? And what's their percentage on the population
|Re: Governors Seek End To Petrol Subsidy by Simplyleo: 10:01am On Apr 30, 2021|
Igbochief001:A case in point, majority of students at various levels of education are being sponsored by their parents who are mostly civil servants. Note, this is just one case. I don't have the statistics but this is a clear case.
For your information, I'm not even a civil servant, but that is the best way out.
|Re: Governors Seek End To Petrol Subsidy by oka4ugoo: 10:03am On Apr 30, 2021|
First he said there is nothing like subsidy and opposed Jonathan's move to remove subsidy.
He won the election increase the pump price to #145 claiming that the same subside has been removed.
Still not satisfied he increase it to #165 again claiming to have eliminated subsidy and the money will be used to refurbish our refinery.
Now he is planning of increasing it again.
Abeg make una cut soap give Buhari make em use m go wash our economy.
Nigeria Insecurity + Hardship = Coup/Breakup
4 Likes 1 Share
|Re: Governors Seek End To Petrol Subsidy by OneMillionDave: 10:04am On Apr 30, 2021|
I'm tired of nigerian news!
|Re: Governors Seek End To Petrol Subsidy by MANNABBQGRILLS: 10:04am On Apr 30, 2021|
ANYTHING to move our darling nation forward is what we are after.
Anything to make the good, sane, honest Nigerian happy is what we are fighting for.
Nigeria will be great again.
God bless Nigeria.
1 Like 3 Shares
|Re: Governors Seek End To Petrol Subsidy by PataAlhajaKeji(m): 10:04am On Apr 30, 2021|
Petrol subsidy regime should be wholly discontinued in its entirety.
Petrol subsidy subsidizes the lifestyles of the rich and affluent while denying the average Nigerian access to basic infrastructure and social amenities.
The costs of fuel in Nigeria is too cheap for a country grappling with the problems of revenue generation and fall in the price of crude oil, its major export.
Removing subsidy will definitely affect the average Nigerian in the short-term but the long-term benefits can never be overemphasized as more funds will be available for infrastructural developments and social welfare, which will in good faith, increase the disposable income of the average Nigerian.
|Re: Governors Seek End To Petrol Subsidy by Promismike(m): 10:04am On Apr 30, 2021|
|Re: Governors Seek End To Petrol Subsidy by palacealuminium: 10:04am On Apr 30, 2021|
More revelation to come. Indirectly, fuel will be sold above 300 soon. Hmmmmm.
You may reach us for a free quote for building plans too. See my signature for info. Thanks.
|Re: Governors Seek End To Petrol Subsidy by mcmbonu: 10:04am On Apr 30, 2021|
Which thing is more valuable
Share for Buhari
Like for Tissue Paper
|Re: Governors Seek End To Petrol Subsidy by ChiefAfonja: 10:05am On Apr 30, 2021|
|Re: Governors Seek End To Petrol Subsidy by ArewaNightmare: 10:05am On Apr 30, 2021|
Buhari claimed during campaign that subsidy was a SCAM which is 100% true but later won election and continued the SCAM and took it to a different level #BMC over to una
|Re: Governors Seek End To Petrol Subsidy by DrAkpa(f): 10:05am On Apr 30, 2021|
|Re: Governors Seek End To Petrol Subsidy by chris4gold(m): 10:05am On Apr 30, 2021|
Let sell this country and share the money
|Re: Governors Seek End To Petrol Subsidy by GreenWire(m): 10:06am On Apr 30, 2021|
those In management of the Petro sector are zombies..
|Re: Governors Seek End To Petrol Subsidy by NLPoliceWoman: 10:06am On Apr 30, 2021|
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