CSTRR:
I hear that we are subsiding the whole of west Africa with our foreign revenue

This country has been cannibalised.

Yes,. and it has been going on for decades

The reason why we don't notice it in the past is because high revenue from crude in the past covered a lot of the cracks. Once crude falls, we wake up to the cracks.

A failed state...failures all over

juniorstar:

Abeg when is dangote refinery launching..so we can secure hemostasis of our forex...this bleeding don too much the country fit exanguinate

be jonzing urself .who told u when dangote refinery starts you will be experiencing #64/ltr? js the way his cemebt factory is selling u cemebt at #600/bag bah? very soon nigerians will know their true enemies!!!

Believe you me, somebody is in his or her office somewhere coordinating and embezzling this money

Crusadee:
Kukuma remove the subsidy, if we can have a dollar of less than $1 = <N200

Poorer countries have been living well with pump price of more than N500 per litre of petrol but a very stable and favorable exchange rate!

What is the essence of petrol less than N200 and dollar above N500 import based economy?

We need a wholistic approach to a different new idea.

If you gerrit fine, if you don gerrit forget abourit.

I know say some people will insult me but I know say no be everybody get sense to my level as a world class economist.
Oya make we dey jolly dey go no dulling

You made a good point but the last premiss spoilt everything.......

Niger, Benin republic etc the use, Nigeria the PAY

Just keep voting Buhari and his brothers and remember to Vote Tinubu in

Crusadee:
Kukuma remove the subsidy, if we can have a dollar of less than $1 = <N200

Poorer countries have been living well with pump price of more than N500 per litre of petrol but a very stable and favorable exchange rate!

What is the essence of petrol less than N200 and dollar above N500 import based economy?

We need a wholistic approach to a different new idea.

If you gerrit fine, if you don gerrit forget abourit.

I know say some people will insult me but I know say no be everybody get sense to my level as a world class economist.
Oya make we dey jolly dey go no dulling

Esseite:
Be deceiving yourselves...

More fuel efficient vehicles..
Rise in unemployment..
100m below the poverty line..
Inflation in double digit..
Pandemic has reduced movement..
Remote work more rampant..
Insecurity has limited travels and trips...

Yet Nigerian fuel import increases... truly, be deceiving yourselves.

We are supplying to and subsidizing the petrol for our 2nd country where the president is originally from....If you don't gerrit, forget about it

Crystalom3:
Government of other countries changes policies and the first thing the citizens think about is to challenge the government.

In Nigeria, the citizens look for ways to suffer more in other to adapt to the change.

You see them downgrading their lifestyle, suffering and smiling, thinking they are strong motherf*ckers.

I can't wait to see the day we come out to fight our oppressors.

Why will it double

Poopypants:
Believe you me, somebody is in his or her office somewhere coordinating and embezzling this money

Buhari is behind the false increase ..they use it to fund Jih and the Niger economy

ceasare:


be jonzing urself .who told u when dangote refinery starts you will be experiencing #64/ltr? js the way his cemebt factory is selling u cemebt at #600/bag bah? very soon nigerians will know their true enemies!!!

Make dangote no run us street ooh..i know say foreign money dey that refinery so them still wan get their returs in USD..but make government no loose guard.

treesun:
• Petrol imports’ll double next year if FG delays subsidy removal, says IPMAN



https://punchng.com/nigerias-petrol-imports-jump-by-55-hit-n2-52tn-in-nine-months/

It's just the cabal inflating figures

Crusadee:
Kukuma remove the subsidy, if we can have a dollar of less than $1 = <N200

Poorer countries have been living well with pump price of more than N500 per litre of petrol but a very stable and favorable exchange rate!

What is the essence of petrol less than N200 and dollar above N500 import based economy?

We need a wholistic approach to a different new idea.

If you gerrit fine, if you don gerrit forget abourit.

I know say some people will insult me but I know say no be everybody get sense to my level as a world class economist.
Oya make we dey jolly dey go no dulling

If you like peg pump price at 500/litre, the people behind this paper subsidy will simply increase the import volumes by commensurate figure.s. As long as refined fuel is being imported into this country, there will be 'subsidy' to feed the cabal (who are 'friends' of the presidency)

This is Demosolar a solar inverter systems user. For those of us using petrol generators,be prepared to pay more next year but if you buy and install a solar inverter systems from me,you will reduce substantially the petrol cost on your generator over the medium to long term and enjoy the good life here in Nigeria despite the challenging environment.

CSTRR:
I hear that we are subsiding the whole of west Africa with our foreign revenue

This country has been cannibalised.

One of the reasons I fully support subsidy removal, our security agencies can't even secure the border, sometimes they even take part in the smuggling ring... Something that's slowly destroying thier own country, thier people & relatives( I find this very baffling)..I am not a good person nor patriot but I will never do anything that will cripple this country because even if I enjoy the loot here, on judgement day I might surfer for eternity

..Election is coming

manuelkel:

You made a good point but the last premiss spoilt everything.......

I know what I m saying bro... Very little people here will have the kind of idea I subscribe to not because of anything but because of the research and materials inm exposed to forget about playing here in Nairaland, I do it for fun

gulfer:
We are supplying to and subsidizing the petrol for our 2nd country where the president is originally from....If you don't gerrit, forget about it

It's not just Niger

It's for all our neighbors, and even countries like Ghana and Mali.

We have oil refininaries in warri and another one in the northern part of the country.
Both are in custody of the federal government.
None of them are working at all.

Naija get oil, but yet we de import PMS.
Price na #175 now
Remove subsidy, price will be #350
Dollar now na #565

So if Naija no get oil nko..........
Fuel price go be #2,000 per litre
Dollar go b #3,000
Chai, this country is dead and has been sold out, just like Wizkid sold out O2 Arena.
Naija de #12-trillion before Buhari came into power, but currently Naija de owe over #34-trillion, still yet buhari de still borrow again.

This kwantri don finish ���

juniorstar:

Make dangote no run us street ooh..i know say foreign money dey that refinery so them still wan get their returs in USD..but make government no loose guard.

Na street he run us nah
because he will buy d oil, process it and sell at the time and price he wants.