JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

neolboy:


https://www.vanguardngr.com/2022/01/fuel-price-increase-we-will-shutdown-nigeria-nlc-warns-in-new-year-message/

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin? D same subsidy u and ur darling president protested against.
Karma is indeed a bitch



Whether NLC like it or not, subsidy must go this 2022.

eddy2farm:
They better not try remove it, if not the nation will turn into crisis. Have they ever tink what will be the outcome of the economy if they removed subsidy?

Viking07:
[s][/s]Where was this energy when GEJ removed this same subsidy years ago? Why did the useless Buhari and his APC protest against it?

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

franciskaine:
you people with this pro-subsidy removal argument often think you know better than others.

Which country in the world sells a commodity they produce locally at an international market determined price? If a bag of Taiwanese rice is sold for #7000 in Nigeria, are you telling me that same rice will be sold in Taiwan for #7000?

Whr is the economic strength of absolute and comparative advantages coming into play? Only in Nigeria do things go awkward. Tell ur failed leaders to fix our refineries or borrow same money used to build rails to build refineries.

neolboy:


https://www.vanguardngr.com/2022/01/fuel-price-increase-we-will-shutdown-nigeria-nlc-warns-in-new-year-message/

JAMO84:
Niger, Chad, Ghana, Cameroon sell a litre for more than 400. Smugglers will continue to take our subsidized products accross the borders to sell for 300% profit.


Which investor will invest in a sector where government determine the profit margin?



Whether NLC like it or not, subsidy must go this 2022.

BlackSpanner:
Please, someone should update me. Which month is the Federal government removing this subsidy?

LottiOk:
D same pipu who buy bottles of � beer worth 500 + r complaining of buying fuel @ 400 I know all hands r not equal but wot is NLC agenda really? It make no sense chasing an illusion wen d reality is staring us in d face. We must remove subsidy cos it's not allowing us to develop & sum useless ediots r cashing out on ît. 2022 enough is enough

LottiOk:
D same pipu who buy bottles of � beer worth 500 + r complaining of buying fuel @ 400 I know all hands r not equal but wot is NLC agenda really? It make no sense chasing an illusion wen d reality is staring us in d face. We must remove subsidy cos it's not allowing us to develop & sum useless ediots r cashing out on ît. 2022 enough is enough

JAMO84:
NLC know that subsidy is not sustainable, but they just want to please the wailing wailers.


By the time federal and state goverments cannot pay salaries as a result of subsidy, everyone will come to their senses.

codedcliq:


I have to quote you cos I know some people carry this opinion as well in favour of so called "subsidy removal". How much was a litre in the countries you mentioned when fuel in Nigeria was N65, N85, N97, N125... ?

Increase fuel price to N500/Litre in Nigeria and it will simply get to equivalent N1000 / N1500 per litre in those countries... and then we start another round of saying "fuel price is higher in neighbouring countries" to justify another increase.

Solution: We have no business importing refined petroleum products. Fix the damn refineries and
in addition, make the so called "illegal refineries" legal by infusing technical know-how to modernize the practice.