slowice:
And some Mumu will believe this dwarf demon oo lol... Stupid people, what ve they done the the common man? So the 5k is suppose to make things easier for ordinary Nigerians ba? The economy as of now is in a terrible shape and people are really suffering but once subsidy is gone, that's when Nigerians will see hell.

Most holy father in heaven, pls give me the strength and ability to save myself from this calamity of a country.

poiZon:

Kerosene is 470naira perlitre in calabar, and na adulterated product. Its so yellowish and burnt faster.

Abdullah36:


What an understatement

slowice:
And some Mumu will believe this dwarf demon oo lol... Stupid people, what ve they done the the common man? So the 5k is suppose to make things easier for ordinary Nigerians ba? The economy as of now is in a terrible shape and people are really suffering but once subsidy is gone, that's when Nigerians will see hell.

Most holy father in heaven, pls give me the strength and ability to save myself from this calamity of a country.

Responding to The Guardian’s enquiry, Spokesperson for NNPC, Ndu Ughamadu, confirmed that large quantities of both imported and locally-refined petroleum products were being smuggled to neighbouring countries.


He said: “In fact, in Ghana, there is a special name and local market for these smuggled products particularly Premium Motor Spirit (petrol).

“A reason for the smuggling is the huge attractive and sumptuous price differential between what petrol is sold in the Nigerian open market vis-à-vis those of the neighbouring countries; the wider the gaps, the more the smuggling and price distortions.”

Also condemning the huge subsidy burden, an independent marketer and Managing Director, Petrocam Trading Nigeria Limited, Patrick Ilo, described the incidence as unwarranted.

Ilo said: “The country is losing close to about N1.2 billion everyday subsidising fuel, and it is like a free gift to marketers. About seven nations around Nigeria are not subsidising petrol.

“The product is being taken outside Nigeria, and they are the ones benefitting. There are over 2,700 filling stations around the borders of Nigeria providing these leakages. This kind of money we use in subsidising the product should be used to build infrastructure and some other things in the country.”

A major marketer also told The Guardian in confidence that the 60 million litres far exceeds what Nigerian can consume per day.

By his estimation, 25 million litres daily could be “justifiable” against the 35 million previously peddled by government.

“This is a case of gross abuse on the side of the authorities saddled with the responsibility to bring in petrol into the country. It is unfortunate,” he lamented.

He maintained that a large chuck of the daily subsidy the NNPC claims to be paying on petrol was obviously subsidies on petrol consumed by neighbouring countries around Nigeria.

But Ali decried that apart from spending on subsidies, the subsidised fuel was being smuggled to other West African countries where the pump prices were higher.

The Customs boss said, “The issue of smuggling of fuel from Nigeria to the neighbouring countries is simply because of price differential. The prices outside our shores and borders are higher, and that is what attracts people to move this product outside. And this product is not only limited to Benin, Niger or Chad, it goes up to Mali

Ofunaofu:


The truth is that government is not even sincere about the fuel subsidy regime.
They are talking about it as if when it is removed we will have somuch money to solve all our problems

skywalker240:

If you were against fuel subsidy removal in 2011 when not in power but now championing it now in power, you are the Devil father.

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

Perfectbeing:
I have never been against fuel subsidy removal.

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

skywalker240:

Oya name them

Biodun556:


https://www.google.com/amp/s/punchng.com/buhari-and-modular-refineries/%3famp

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

ManirBK:
May GOD bless our Gallant and committed
Governor, The truth is always biter.

pickatyouu:
Seriously. Cameroon wey get refinery shut it down because they get cheap fuel from Nigeria that doesn't have a refinery and sell fuel at a very high cost to it's citizens.

Truly this life no balance.

heniford2:
In 2022 fuel to be sold at 305 per liter gas 1400 per kilo keronsin 400 get ready tp will hit up big time just be ready

Kilotat:
Total fuel subsidy removal is a Good thing.
But Elrufai and buhari where Critically against Goodluck Jonathan on total fuel subsidy removal in 2011, and their people agreed with them then. What Change?
Southern nigerian should Be wise. Love your leader no matter what he is doing. Check My Signature