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Petrol May Hit N800/litre On Subsidy Removal – Marketers - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Petrol May Hit N800/litre On Subsidy Removal – Marketers (16598 Views)

Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May / Petrol Landing Cost Hits N1,000/litre On FX Crisis / Subsidy Removal: Marketers Galvanise For CNG Rollout At N100/litre (2) (3) (4)

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Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by tarantino1: 9:38am On Jan 23, 2023
Godszilla:
These subsidy removal apostles dont care,cry n wail all you want.
The government failed in the subsidy scheme as its riddle with corruption so instead of fighting the corruption they push the burden on the citizens. We feel your pains sad

Those people are idiots. They support any popular thing they hear without actually thinking if it will help things or not.

That's how the whole cashless nonsense had support from a large majority on social media without thinking if we had the infrastructure to support it.

These breed of rètards are all over Nairaland and Twitter.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by vince96w2(m): 9:42am On Jan 23, 2023
adenigga:


Source: https://punchng.com/Petrol-may-hit-N800/litre-on-subsidy-removal-Marketers
These people are just wicked..before they said 450 now is 800..so my small car now will need 28k for full up and 112 k for a month..how much is my salary? Well, they will breed Corruption they have never seen before...plus to treat malaria hold 100k

1 Like

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Mrfixitt(m): 9:44am On Jan 23, 2023
verybadmouth:

Bros, success is ours this year
Isee
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Sonicroyel: 9:46am On Jan 23, 2023
clinician2x:


So imagine they call u for interview as per graduate u carry bicycle de pedal de go. Reach there tired de sweat like thief. Na ur body go tell u

What to do now ??
Fuel don coss
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 9:46am On Jan 23, 2023
Lordofsussex:
The singular idea of drilling oil on our soil and taking it abroad to refine in the first place is the highest confusion ever . To think people allowed that to go On for so long is devilish and sabotaging on Nigeria. It’s sad the affairs of Nigeria is in the hands of looters .

Yes, because refining at home under subsidy regimes would mean that you lose money for every liter of refined PMS a domestic refinery produces. That's largely why we lost our 4 refineries.

Dangote can afford to build a refinery because he took loans to do so...which the banks were pleased to give him because he has something called collateral....sufficient enough to pay for any losses in case.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Agbegbaorogboye: 9:47am On Jan 23, 2023
[quote author=Kobonaire4 post=120303372][/quote]
Are you aware it's your beloved marketers that are speaking up against subsidy removal without local refining now?
Reality has hit them that they will be at the mercy of the importers who will eat up the profit margin just as it's being done in diesel, kerosene and even cooking gas now.
The cooking gas retailers are the ones feeling the effect because people now prefer to buy from the bigger sellers. The question now is how they helps develop the economy
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 9:47am On Jan 23, 2023
tarantino1:


Those people are idiots. They support any popular thing they hear without actually thinking if it will help things or not.

That's how the whole cashless nonsense had support from a large majority on social media without thinking if we had the infrastructure to support it.

These breed of rètards are all over Nairaland and Twitter.

Well, on the other hand, we keep subsidy....and the cost continues to rise with the cost of producing fuel...meaning we keep on getting a deficit in our budget...meaning we have to take loans.

Basically we have a choice..pay N800 at the pump for fuel...or pay N800 plus an ungodly interest at the World Bank for fuel.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 9:48am On Jan 23, 2023
Agbegbaorogboye:

Are you aware it's your beloved marketers that are speaking up against subsidy removal without local refining now?
Reality has hit them that they will be at the mercy of the importers who will eat up the profit margin just as it's being done in diesel, kerosene and even cooking gas now.
The cooking gas retailers are the ones feeling the effect because people now prefer to buy from the bigger sellers. The question now is how they helps develop the economy

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Akporuka(m): 9:49am On Jan 23, 2023
Heavenly Father have mercy on yourchildren. ]
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Babysho(m): 9:53am On Jan 23, 2023
clinician2x:


Government officials are salary earners, they no go suffer anything.

It is the millions of poor people in the country.

Some are earning 8k a month, 15k a month, 20k a month, 30k a month.

All these money will be spent on transportation a month and they will go home with zero at the end of the month.

HELL

When I say salary earners you suppose know who I dey talk about na.

Our government officials are actually salary earners that DON'T rely on their salaries but stolen money, if not, inflation should affect them too.

In fact, our government officials are the owners of the companies doing the inflating lol
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Godszilla: 10:00am On Jan 23, 2023
So agreed,we remove the subsidy. Where do we go from there - hyperinflation sure,corruption sure,same system during subsidy sure,purchasing
power finish etc. So what benefit goes to you(I don't no about u maybe u ain't in 9ja) n i pls?
Kobonaire4:


The argument you have used against subsidy has been used several times, and that is why it never goes.(plus it is strange that people trust the same corrupt government to maintain subsidy).

We also don't have piping systems and so forth largely because subsidy has eaten the profits that would have been used to maintain and build those things.

Also, since things are hard, would you argue for government to subsidise everyting else like food, clothes,GSM bills, and so forth (I can see the long queues).

We have to remove subsidy, or we keep it, keep on running into a deficit, and keep on taking more and more loans to cover the said defict.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 10:02am On Jan 23, 2023
Godszilla:
So agreed,we remove the subsidy. Where do we go from there - hyperinflation sure,corruption sure,same system during subsidy sure,purchasing
power finish etc. So what benefit goes to you(I don't no about u maybe u ain't in 9ja) n i pls?

Yep, there would be some hardship, no good thing comes easy.

But after a bit of hardship, when the benefits slowly kick in, we would eventually over the course of some years, see a lot of benefits.

(Quick instant food economics is why we are in the mess we are in the first place)>

Besides, power is bad in Nigeria because of subsidies, plus 40% of people not paying their bills.

(But since most of you support subsidy, I guess government will keep it, and keep on taking loans. After all, government does not listen to people like me.).

Again, there is no such thing as cheap stuff.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Soulsymbol99: 10:03am On Jan 23, 2023
On top that #800 meter no go still good oooo undecided
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Allisgud: 10:14am On Jan 23, 2023
Let them sale it for 1000 if una mumu done do una go vote for the right person
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Agbegbaorogboye: 10:17am On Jan 23, 2023
Kobonaire4:


Yes, because refining at home under subsidy regimes would mean that you lose money for every liter of refined PMS a domestic refinery produces. That's largely why we lost our 4 refineries.

Dangote can afford to build a refinery because he took loans to do so...which the banks were pleased to give him because he has something called collateral....sufficient enough to pay for any losses in case.
You keep repeating this lie and I'll keep exposing it.
The refineries ran down because of IBB regime policy of presidential approval before maintenance can be carried out.
When did subsidy become a big issue in Nigeria? It was early to mid 2000s and the refineries were already at their lowest far before then.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 10:22am On Jan 23, 2023
Agbegbaorogboye:

You keep repeating this lie and I'll keep exposing it.
The refineries ran down because of IBB regime policy of presidential approval before maintenance can be carried out.
When did subsidy become a big issue in Nigeria? It was early to mid 2000s and the refineries were already at their lowest far before then.

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by blaise26abj(m): 10:31am On Jan 23, 2023
adenigga:


Source: https://punchng.com/Petrol-may-hit-N800/litre-on-subsidy-removal-Marketers

I have been saying this . Nigeria does not have a functioning refinery yet this useless government is touting a privately owned refinery like it is their achievement . Dangote borrowed money to build that refinery . In DOLLARS . Once it comes on , he has an obligation FIRST to his lenders . He will surely welcome the no subsidy regime and expoloit it such that he can repay the loan faster . So sorry people , petrol will sell for no less than 300 naira .

Already in abuja fuel sells at filling stations at 195 naira . No one is talking about it . An attendant told me it sells in some places in the NORTH for 300 naira . Yet some unfortunate people will want these destroyers of lives to continue in power because of their selfish interests. God will judge you all .
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by CodeTemplar: 10:39am On Jan 23, 2023
caprini1:
If there is 24hrs electricity supply ,nobody cares.
Will constant electricity transport your food, transport you, power communities with no electricity, power communication towers in urban areas?
Even at that the electricity isn't free and bound to become more expensive as an indirect result of fossil fuel price increase.

God help black Africa from visionless and incompetent leaders.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by CodeTemplar: 10:46am On Jan 23, 2023
blaise26abj:


I have been saying this . Nigeria does not have a functioning refinery yet this useless government is touting a privately owned refinery like it is their achievement . Dangote borrowed money to build that refinery . In DOLLARS . Once it comes on , he has an obligation FIRST to his lenders . He will surely welcome the no subsidy regime and expoloit it such that he can repay the loan faster . So sorry people , petrol will sell for no less than 300 naira .

Already in abuja fuel sells at filling stations at 195 naira . No one is talking about it . An attendant told me it sells in some places in the NORTH for 300 naira . Yet some unfortunate people will want these destroyers of lives to continue in power because of their selfish interests. God will judge you all .
Of all three parties/candidates most likely to come in, who among them is promising anything different from what Buhari has planned?
This your rant, to me, is an offshoot of bitter politics gone too far. The problem is a structural problem and not that of party or candidates.
The three candidates are prioritizing subsidy removal above corruption, leakages and wastage removal.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by CodeTemplar: 10:50am On Jan 23, 2023
DOnlooker:

I'm afraid nothing will happen. For a fact, many private cars in Nigeria and a whole lot of commercial buses and of course ALL the commercial light and heavy duty trucks use diesel. Just this 2020, diesel was sold for 230 naira but now it's being sold for 850 to 900 naira. I repeat, nothing will happen if petrol hits 800 naira, people are just exhausted and have given up on this administration.
Let us pray and hope that come February 25th, a new dawn shall be ushered into Nigeria in the form of Obidatti.
None of the three front-running candidates have plans to do anything different from what the current man is doing. Stop mixing structural problems with partisan politics.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Agbegbaorogboye: 10:51am On Jan 23, 2023
[quote author=Kobonaire4 post=120306157][/quote]
Chevron is a wrong poster. Chevron is heavily subsidized by the US govt
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by CodeTemplar: 10:59am On Jan 23, 2023
Agbegbaorogboye:

You keep repeating this lie and I'll keep exposing it.
The refineries ran down because of IBB regime policy of presidential approval before maintenance can be carried out.
When did subsidy become a big issue in Nigeria? It was early to mid 2000s and the refineries were already at their lowest far before then.
You have time for that irredeemable dude. None of the three or four frontrunners in 2023 race has plans of removing corruption, leakages or wastages. They all want subsidy gone. Of the four options available for removal, only the one benefitting good citizens is being lined up for removal. Stealing can continue unabated, VCs of public schools can continue milking the schools, assistant commissioners can continue to have escorts for their wives when going to hair saloon or market. It is a poor law abiding citizen that deserves to spend 1500 on transportation to work and earn 30,000 a month. Very wicked set of souls. The love of money is deeply ruling their lives.

1 Like

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Nobody: 11:01am On Jan 23, 2023
Agbegbaorogboye:

Chevron is a wrong poster. Chevron is heavily subsidized by the US govt

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by buzorcharles(m): 11:09am On Jan 23, 2023
Then what is the need for dangote refinery?

If his refinery is working will there be need to import fuel anymore?
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by CodeTemplar: 11:13am On Jan 23, 2023
Allisgud:
Let them sale it for 1000 if una mumu done do una go vote for the right person
this is not about any right person. It is a structural and societal issue bad policies and values.
APC, PDP, and LP are promising to do the same thing with subsidy removal. APC and PDP tried doing same thing in the past. It is a structural issue. God help peoples mind to be open in this sensitive issue.

1 Like

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Ance4Liverpool: 11:14am On Jan 23, 2023
We are already use to it.
Nothing is going to shake me again in this country.
Peter Obi is the best man for the job
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by OyinO: 11:35am On Jan 23, 2023
Imagine what would've happened if we did not have the crude oil. Demonic Nigerians. And now, they are planning to vote in the same people that have held us spellbound in this man-made hell fire.
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by Npfn: 11:39am On Jan 23, 2023
[quote author=Kobonaire4 post=120306157][/quote] subsidy man again withi his other hibernating account oya convince people why subsidy must be removed so they can pay 1000 naira a litre but God must punish you as you collect that money to come online to defend this rubbish go write it down am waiting on the next post were you will come to comment again on subsidy thread keep it up this two years now since you were employed to carry out this mission and you will pay soon for it
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by tonexman18(m): 11:48am On Jan 23, 2023
This people think say na everybody get money...
Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by ejieddy: 11:52am On Jan 23, 2023
Liar... The global landing price for petrol is N320-350. Don't scare us. Subsidy (organised crime) must go

1 Like

Re: Petrol May Hit N800/litre On Subsidy Removal – Marketers by lakefist(m): 11:55am On Jan 23, 2023

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