WhatIf:


Any evidences that proof it is a lies and propaganda?

I said all the fuel..

Looks like staged managed news...what about 2012

Titogbanski:
Looks like staged managed news...what about 2012

It was happening back then

That is one of the reasons why GEJ wanted to remove subsidy

Chaiiiiiii......Dem don finish us.

dyera:




Is Nigeria not the big brother of Africa?

Let's do big brother, by setting up filling stations across West Africa, under our new NNPC PLC, we need to optimize value, make money from West Africa, then give back. Big brother needs revenue.

Belafonte:


Very soon dem go lock you for psychiatric home. This your display of insanity will be handled in due course

Instead of you to counter my submission with superior points, you resorted to insults which shows that you are the one displaying insanity all over this great forum

sonature1:
All I know is that Nigerians don't take this country seriously. There's no way Benin Republic will be enjoying our subsidy without Nigerian customs and other border patrol agencies getting their share of the largasse.

Therefore eliminating the root cause which is fuel subsidy automatically eliminates corruption in the boarders!!!..

grandlexuz:
The Kpayo local name of the sumggled fuel from Nigeria got me laughing. In Cameroon it is called Zoa.

Which one be KPAYO and ZOA again you people will not give me headache!

Nigeria should begin teaching norms and values in primary to tertiary school, everyone has thieving mentality, if not we go become mexico and co

seunmsg:


It is true. I was in Port Novo last year and I saw how they all buy fuel from road side instead of petrol stations.

Hmmmm! I-Muda. Maverick ayé. Ajala travel to Cotonou.😆😆😆

BTCJagaban:
In Benin republic, people only buy smuggled petroleum products from Nigeria. The fuel in their filling stations are not subsidized hence, they result to buying subsidized products which smugglers smuggle from Nigeria. They display this product by road side and they do it openly.

I think Benin republic government are great beneficiary of this subsidy removal. It will eradicate selling of petroleum products by road side.

Nigeria should get ready for influx of Africans into Nigeria. Subsidy removal in Nigeria won’t affect Nigeria only. It goes beyond.

As sweet & true as this your summation is, I can categorically support your conclusion with proofs. I used to know a Benenoise man & his family back in Ogun State. He has Nigerian guys as workers, and he's so suave with the Baales around the axis of Itele, Papa-lanto, Ewekoro, and the likes. He settles his way to & fro.... What is their work, they bunker oil by only God knows. How they came to know the pipelines in the wilderness is what I can't explain, and he's not learned. My only conclusion is that our borders across the length and breadth of this nation is so porous and unguarded. Let anyone believe otherwise

[/color]oga nawa for yo reasoning o,must everything be politics to u[color=#770077]😲

Bobloco:
I knew that they will come out with this propaganda

We are waiting for Niger, Togo, Chad and Cameroon

All to justify this thoughtless decision by Tinubu

Instead of fixing refineries, blocking leakages, having an effective and efficient border patrol to arrest and prosecute these smugglers

vannessa7:



The fuel subsidy that was already removed before Tinubus inauguration, if your clueless Peter Obi had won he would have met the same status quo as Tinubu met on ground, unless he would use his own money to subsidize the fuel because there was no money anymore for that but huge debt, imagine borrowing to subsidize fuel which end up benefiting the rich more, but you wouldn't know because your mind is already beclouded by hatred for Tinubu, you guys need to research more instead of just reacting emotionally due to your biases.

The ideas of Tinubu copying Peter Obi is a very ambitious if not ludicrous one from obedients. Peter Obi will never be able to hold a candle to Tinubu when it comes to ideas, leadership and effectiveness. Take that to the bank.

The argument that the subsidy benefits the rich you guys keep pushing forward is ludicrous as far as I am concern. As fuel is increased to 500+ now, who is unable to buy? Who feels the pain more? Is it the rich or the poor? Of course the rich doesn't feel the effect as the poor feels it, yet you guys will come around and turn the logic on its head and say the subsidy benefits the poor.

The subsidy in itself has never been a problem but rather the corruption that accompanies it and it where the government suppose to have been decisive. Instead of tackling corruption the government turns around and claims the only way forward is to remove subsidy. Quite unfortunately, the same corruption that affect the subsidy will continue to affect the utilization of money accrued from its removal.

sonature1:
All I know is that Nigerians don't take this country seriously. There's no way Benin Republic will be enjoying our subsidy without Nigerian customs and other border patrol agencies getting their share of the largasse.

This is exactly the point many are not seeing. You don't cure headache by hitting your head on the wall. Are Nigerians not suffering too? So because of activities of smugglers many Nigerians should suffer too? Subsidy should go but let their be palliatives or partial removal and for the news let the custom and border patrol strengthen their force, subsidized gasoline smuggling isn't enough reason to impoverish many Nigerians.

2mch:
Benin Republic no suppose be country. E suppose be State of Nigeria. Them and Togo. They are too small with too little resources to survive on their own.

Nigeria suppose turn to Russia 🇷🇺 make will just Dey invade all this small countries in the west Africa like Benin 🇧🇯 Togo 🇹🇬 😂😂😂

kevoh:

As long as it's not been subsidized by our Federal Government, they can buy as much as they can.

But the scarcity can continue when the fuel is smuggle out to Benin Republic

My happiness is, this fuel issues is only hitting hard on Peter Obi and Labour Party supporters 🌹😘 and also on PDP supporters.

We APC and Tinubu supporters are enjoying it

Nigerians rushed in to insult. I wonder why it's so difficult for an average Nigerian youth to engage in a decent conversation online. Everything is force and aggression.

Bobloco:
I knew that they will come out with this propaganda

We are waiting for Niger, Togo, Chad and Cameroon

All to justify this thoughtless decision by Tinubu

Instead of fixing refineries, blocking leakages, having an effective and efficient border patrol to arrest and prosecute these smugglers

Thomas family oh no Obidient family like you will not believe. Idiot

Bobloco:


This is pure propaganda

How is these products finding their way to those countries. No one have been sacked for not doing his job in securing our borders or arrested by the security agencies for smuggling



Instead of tackling the issues, they keep running around

Do you even still remember the name of the custom officer that exposed oil smugglers in Adamawa State?

nairalanda1:
Fuel in Benin is N489 right now.

And right now, fuel in Nigeria is N488-540 per liter.

At the end of the day, smugglers cannot make a profit at all. Removing subsidy has made it difficult for anyone to smuggle fuel across the border.

And people ask me why I say subsidy must go...well here is one good reason.

Modified

If fuel was still N195, and I was living on the border, I can buy fuel into two 50l jerrycans, at N19500, cross the broder and sell it at dobule the price, and earn a cool N40000. Note that it was not only big cabals involved in the smuggling...it was also small poor boys and gals too.

So what happens to border control. That's their job. Other countries should not determine the social services our govt delivers to it's legitimate citizens.

Bobloco:
I knew that they will come out with this propaganda

We are waiting for Niger, Togo, Chad and Cameroon

All to justify this thoughtless decision by Tinubu

Instead of fixing refineries, blocking leakages, having an effective and efficient border patrol to arrest and prosecute these smugglers

You people never learn do you! Your emotions will always trump reality or hard truth.

Mele Kysri has already said local production of pms will not change the price. A subsidy exist and the government no longer has the money to keep subsidizing it.

The smugglers aren't the problem. The huge subsidy is. As a former US president said, "The existence of subsidies can not be divorced from abuse."

I choose to do simple maths. A litre if Brent crude oil sells for 49cents. That is the raw crude oil. Just multiply it by the very unrealistic exchange rate of 460 and you and you already have N225/litre. The oil hasn't yet been refined and it's costing N225/litre which is higher than the finished product pms was sold for last week at 185. What happens when you now add refining cost to it?

That means in Nigeria, it was cheaper to purchase petrol than to buy crude oil!!!!

What if we now use a realistic exchange rate of like 650 and then we start seeing how wasteful the subsidy is.

Bobloco:


This is pure propaganda

How is these products finding their way to those countries. No one have been sacked for not doing his job in securing our borders or arrested by the security agencies for smuggling



Instead of tackling the issues, they keep running around

come to idiroko, you will understand, I had once smuggled petrol inside school bag across to the boarder side to sell for higher profit.
What will you talk about drivers carry passengers, fill up their tanks, after drop passengers, they offload the fuel and sold at high fee

emmybobo1:

So what happens to border control. That's their job. Other countries should not determine the social services our govt delivers to it's legitimate citizens.

Indeed , you raise a very good point....but the removing subsidy measure too takes the wind from their sails well well.

But then again, even if the border control did their job.....at the end, the cost of subsidy would keep on growing till it grows beyond what our revenue can support...because the fuel consumption and the difference between production cost and government set price would both rise.

fineboynl:
Benin Republic is just 13 milion people. And besides that Thier is very minimum fuel amount that get to that country. Same also Nigeria import cheaper things from that country. It's not the reason we are paying trillions but corruption.

Is there government paying subsidy on those cheaper things we import from their country?

Tvoice:

The same bene dat deported nigerians few months ago .

CAN YOU IMAGINE?

Deporting our people while enjoying our free oil!

Kai. This world eh!?!

Removing subsidy is a good development I can remember last year a custom officer arrested a truck loaded with pms heading trying to cross the boarder is it Niger or Chad and the insist that the truck should go back but many Oga at top were calling him to allow the truck to pass but he said no.

Reussite:
Of course, it was going to affect Benin and some other neighboring countries. The only issue is how do we ascertain the proceeds from the subsidy removal will be used for the promised purpose cos I dont trust this new government.
This was the economic woe that befell Venezuela before their current recovery.

Mumu. There are no “proceeds” from the subsidy removal because the 10 billion dollars a year subsidy was paid for with borrowed money.

BTCJagaban:
In Benin republic, people only buy smuggled petroleum products from Nigeria. The fuel in their filling stations are not subsidized hence, they result to buying subsidized products which smugglers smuggle from Nigeria. They display this product by road side and they do it openly.

I think Benin republic government are great beneficiary of this subsidy removal. It will eradicate selling of petroleum products by road side.

Nigeria should get ready for influx of Africans into Nigeria. Subsidy removal in Nigeria won’t affect Nigeria only. It goes beyond.

Fact! It benefits their government.

nairalanda1:
At the end, we can't be subsidizing the whole of West Africa.

So this is true. I had doubted this before

DOptical:
Imagine. Nigeria using huge funds to subsidise fuel for the whole Africa nation while Nigeria masses themselves bear the brunt of it all.

Has Mr president highlighted where the funds from subsidy removal would go to? Man is just after himself. Wake up