Tekzyflex:


So suddenly you now trust this government. Wow!!

Zxcvbnmghtr:


But as far as this psm subsidy, I support the removal kpatakpata.

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

seunmsg:


The part in bold is wrong. Very wrong. Government is not paying subsidy because we import petrol. Government pay subsidy because Nigerians don’t want to buy petrol at market determined price. We want to buy petrol at a price regulated below the cost of production and profit margin of petrol importers and refiners. Let’s understand this and not confuse each other, please.

seunmsg:


The part in bold is wrong. Very wrong. Government is not paying subsidy because we import petrol. Government pay subsidy because Nigerians don’t want to buy petrol at market determined price. We want to buy petrol at a price regulated below the cost of production and profit margin of petrol importers and refiners. Let’s understand this and not confuse each other, please.

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

femisplash:

From all indications, you seem to be an illiterate. Does Nigeria control the price of fuel?

seunmsg:
This old man and fraudulent election poll merchant is still pained about Jonathan’s 2015 election loss. 2012 is gone and done with. No one owes anybody any apologies.

grandstar:


I got an F9 in economics and geography.

slivertongue:


Market forces - another deceptive jargon. Subsidy has long been removed, all FG has been doing is to raise revenue using 'subsidy tale'. Another govt will come with such in the future. NIGERIANS are easy to corner. Since 1999 it has been the same claim even when the prices of oil is lower in the international market. What are the exact figures added to subsidize petroleum products in Nigeria is always a tale of 'about', nothing specific.

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

SMUAG:


I don't think because Obi said he will remove subsidy so we should also support the removal by Tinubu.
Have we ever thought if at all the proceeds from it will ever be channeled to the appropriate channels when we know our politicians are like goat and yam. Poor masses will still suffer for it, believe me.
If they really want to do something good, first, Tinubu should cut down cost of governance (politicians' heavy take home and downsize their numerous PAs) and re-channel the funds from their into other major parts of our sectors that the general masses can benefit hugely from. After that then I think subsidy removal can be possible....

AareGaa:


The defeat your master suffered at the polls still dey pepper you?

GEEBITE:
But you have no problem with his accurate 2015 poll in favour of Buhari. Now tell me with your level 10 civil servant salary how you can afford petrol at 500naira per litre.It means without kickbacks or shady deals you can not afford it

seunmsg:


Really? How much is the price of petroleum imported from Russia? Please educate me.

Cloudflare:


Is 97 naira not better? Dude, how much are you buying fuel now? Oga, tell Tinubu to take back to GEJ days when fuel was sold for 97 naira and things were cheap

caprini1:
The international price for diesel for example as at today is $680 per ton excluding premium at offshore west Africa,but Products from Russia , you can buy at fixed prices , depending on the refinery involved,cheapest is always Krasnodar,which a military drone somehow 🙄 crashed into this week...they sell as low as $320 per ton.

sirchim:
My master wasn't defeated , you RIGGED your way up, even your master knew it. If his own state of origin should reject him, and Lagos where he claimed Jagaban, then I rest my case.

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

Magnetic010:
So if our refineries were workin at full capacity all four plus this new dangote refinery would be even be discussing the issue of subsidy sir?

seunmsg:



I projected the price to be around N400 if we are to refine locally as against the N530 national average.

Let’s assume I’m wrong, how much do you think petrol will sell for if we refine locally? N195, right?

Zxcvbnmghtr:
So what difference will it make apologizing? Some people just like making unnecessary noise. Almost 95% of Nigerians were against the removal of the subsidy in 2012 simply because we did not trust the government of the day.

Ened:


It's a case of chicken and egg, which came first. Subsidy removal and cutting down cost of govt are good policies. Whichever is tackled first is good as long as it doesn't stop the govt from tackling the other.

seunmsg:


If the average international price of the commodity is $680 and Russia is selling at $320, do you need a soothsayer to tell you that Russia is deliberately selling at a loss because they can’t get buyers as a result of war related sanctions?

EU and the US have placed sanctions on Russian oil and gas. They can’t get buyers easily. They sell at heavily discounted price to the few who are willing to risk the consequences of US and EU sanctions.

seunmsg:


I actually joined the service on level 10 over ten years ago. I’m now way above GL10.

seunmsg:


I actually joined the service on level 10 over ten years ago. I’m now way above GL10.

seunmsg:


You brought the US comparison and not me. You were trying to prove that the price of 2012 would have remained the same in 2023 and I proved you wrong. Even a bottle of beer in 2012 is not the same again.

See, we all want a better Nigeria so let’s stop all this politically tainted argument and make pragmatic decisions for our country. I’m going to buy at the same N530 like the rest of Nigerians so don’t think I’m not affected. But this is one suffering we all have to face sooner than later. We’ve been postponing this reality since 1999 and we are getting to the point where we will no longer be able to borrow money and pay for this subsidy. It is unsustainable.

We either face it now once and for all or watch the country run into a hole of financial crisis. Politics will not save us when that time comes.

seunmsg:



Obasanjo did not make the refineries work. Jonathan did not make the refineries work. Buhari did not make the refineries work. Hopefully, Dangote refinery will work and PH refinery will come back alive.