Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,273 members, 7,836,228 topics. Date: Tuesday, 21 May 2024 at 11:47 PM |
Nairaland Forum / Nairaland / General / Politics / Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ (37646 Views)
Subsidy Removal: Fuel Shouldn’t Sell More Than N150 Per Litre In Nigeria - PDP / NNPCL Further Increases Fuel Pump Price Of Petrol / Ex-Depot Petrol Price Rises To ₦490 Per Litre (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by obyno82: 1:19pm On Jun 08, 2023 |
Fmghewzy: The issue is not about population. The problem is rhe stealing going on in the industry. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Fapemz: 1:19pm On Jun 08, 2023 |
I build and sell powerbank for laptops and portable inverters for homes! See previous post for details |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by obyno82: 1:21pm On Jun 08, 2023 |
chachanga: Whose fault is it? Blame the Nigerians especially the government officials who are knew deep in the smuggling business. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by shiwex: 1:21pm On Jun 08, 2023 |
TemplarLandry:They are not leeches......They did not come here to steal our oil, you need to look at your own brothers that are taking it over to them. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Gbadebo19(m): 1:23pm On Jun 08, 2023 |
GeneralPula:If subsidy removal must work, you will see a massive downsizing of govt employees very soon. And the low earners of 30k will be most affected. 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by LARRYOBRAIN(m): 1:26pm On Jun 08, 2023 |
CFA will fall against the naira now. Naira go buga won. 3 Likes |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by alizma: 1:27pm On Jun 08, 2023 |
sonature1:A lot of people are ignorant of what is happening in Nigeria. Do you think retiring all the custom officers at border will solve the problem? No bro, the big guys that call the shots don't stand at the border but their boys do and the boys listen to instructions from above or have themselves to blame for not listening. The best approach is the removal of subsidy while the money is channelled to something profitable to the citizens. 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by pinkyruledworld(m): 1:30pm On Jun 08, 2023 |
Cloudflare:Alaska is a state in America and it is bigger than Naija. Yes, USA can be considered a continent, looking at its landmass. Make una dey try research. 1 Like 1 Share |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Bfly: 1:30pm On Jun 08, 2023 |
Almost double in R benin but triple in Nigeria. What is the essence? We feed them electricity but they still enjoy it better than us. Why can't we help ourselves? |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by ReubenE(m): 1:36pm On Jun 08, 2023 |
Cloudflare: Wrong. China, India is not bigger than the USA by landmass. Only Russia is bigger than the US at 17.1million square kilometers. The only other country at par with the USA in terms of size is only Canada at 9 million square kilometers. 1 Like 1 Share |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by joseph4sales: 1:37pm On Jun 08, 2023 |
sonature1:i am telling you! |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by slimthugchimee2(m): 1:39pm On Jun 08, 2023 |
sonature1: The size of US border with Mexico is much much smaller Also put into perspective the amount they spend on their border control compared to Nigeria So size is not an excuse 2 Likes |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Mccullum: 1:48pm On Jun 08, 2023 |
Ofunaofu: Vera Daves, Angola’s minister of finance, said removing the petrol subsidy was a sovereign decision of the Angolan state and was not influenced by external pressure from the International Monetary Fund (IMF). According to a government report obtained by Xinhua, Angola’s ministry of finance had put forth a proposal for a phased reduction of petrol subsidy beginning in the second quarter of 2023. The report also recommended a gradual and progressive removal of the subsidy on diesel and illuminating oil prices, with the process projected to last until 2025. Angola has the fourth-lowest petrol prices in the world ($0.28) after Libya, Iran, and Venezuela, according to data compiled by Globalpetrolprices.com. 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Ofunaofu: 1:51pm On Jun 08, 2023 |
Mccullum: Thanks you for the bolded. Did Nigeria follow this process, if they had we won't be here talking about it. Don't forget that Angola is still subsidising cooking gas, kerosene and gasoil |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Baatunde(m): 1:52pm On Jun 08, 2023 |
Please dont mind them o. Not just illegal immigrants, but guns and drugs as well get smuggled to the ~US even with the best of border control technologies. Smuggling of PMS is not only done by driving a tanker across the border, smugglers have devised all sorts of ingenious ways of smuggling it across which a host of Nairalanders have told us about in other threads, and yes, their is the complicity of the border official but it is not just straightforward as people make it to be RenaissanceGuy: 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by FireUpNow(m): 1:52pm On Jun 08, 2023 |
sonature1:Bribery and corruption from smugglers and the officials at the borders. Custom officers,merchant navy and other naval officers get so rich over night due to illegal activities |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Basic123: 1:53pm On Jun 08, 2023 |
Ofunaofu: 1 Like
|
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Desusi: 1:55pm On Jun 08, 2023 |
sonature1:Retiring them will not,rather killing them will be a warning signal for those so will relieved them of their duties. Nigeria is such a naught and stubborn country that need iron hand,you think that if Nigeria were to be like North Korea, many people would be killed every day 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Ofunaofu: 1:56pm On Jun 08, 2023 |
[quote author=Basic123 post=123654658][/quote] I think the bellow will enlighten you better as posted by Mccullum "Vera Daves, Angola’s minister of finance, said removing the petrol subsidy was a sovereign decision of the Angolan state and was not influenced by external pressure from the International Monetary Fund (IMF). According to a government report obtained by Xinhua, Angola’s ministry of finance had put forth a proposal for a phased reduction of petrol subsidy beginning in the second quarter of 2023. The report also recommended a gradual and progressive removal of the subsidy on diesel and illuminating oil prices, with the process projected to last until 2025. Angola has the fourth-lowest petrol prices in the world ($0.28) after Libya, Iran, and Venezuela, according to data compiled by Globalpetrolprices.com. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by AutoConsult: 2:00pm On Jun 08, 2023 |
jmoore:But it's okay for cocoaine to be smuggled through the borders of the United States ba? Abi they are also incapable of using technology to prevent it. For any plan or system to work, humans have to cooporate and stay loyal to the cause. Nigerians are corrupt. Even you that is talking, if they give you a job at that border, it might not take you up to 8 hours before you start accepting and even asking for bribe. 3 Likes |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by moneyissweet(m): 2:01pm On Jun 08, 2023 |
You wan retire person for where him from dey chop, no way. sonature1: |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Tinububalls: 2:03pm On Jun 08, 2023 |
Cloudflare:There is something called land mass. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Baatunde(m): 2:04pm On Jun 08, 2023 |
I am surprised you mentioned Angola and Libya perhaps you should added Venezuela to it also, but what you failed to mention is that those countries are also going through the same problem of underdevelopment and smuggling to neighbouring countries, go and confirm ther case of Venezuela. `If you want to make a proper comparison check out the domestic prices of fuel in Saudi, UAE, Qatar, Oman, Russia etc who are major players in the oil business and all of whom now buy fuel locally at prices higher than in Nigeria and most of whom also used to subsidise fuel for their citizens. We will have these issues as long as their is a big difference in prices across border. People living on the Finnish border with Russia used to drive across to drive to buy cheap fuel, but with prices inN Russia almost the same as in Finland I doubt if it is still worth the hassles again. And by the way what are the populations of these countries and how many cars have they got on the road which their governments are subsidising [quote author=Basic123 post=123654658][/quote] 2 Likes |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by AutoConsult: 2:04pm On Jun 08, 2023 |
Roger3D:Dey play. Have you seen Lagos-Ibadan expressway? Tinubu started it and will finish and commission it. We are standing on the "Buhari did nothing" claims. Anything happening now, good or bad, na Tinubu do am. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Tvoice: 2:05pm On Jun 08, 2023 |
Dem never see anything yet |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by justmi1: 2:12pm On Jun 08, 2023 |
sonature1:what about thier economy, military capabilities, technology, thier democracy? 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by BuddhaPalm(m): 2:12pm On Jun 08, 2023 |
sonature1: Do you know the quantity of drugs and all sorts of contraband smuggled across the US-Mexico border? Should all US border patrol officers be fired? Humans are corruptible everywhere. 2 Likes |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by occfx: 2:12pm On Jun 08, 2023 |
dre11: The Niger delta oil was meant for the whole west Africa - MNK.... but they did not believe him. This oil will serve all of us and still remain surplus. |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by vaxx: 2:13pm On Jun 08, 2023 |
TemplarLandry:how is Ghana part ? Are you you guys daft? 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Kobicove(m): 2:15pm On Jun 08, 2023 |
sonature1: If you replace the customs officers at the borders with a new set, after 3 months they too will device their own corruption strategies 1 Like |
Re: Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ by Whitelion07(m): 2:15pm On Jun 08, 2023 |
RenaissanceGuy:the person above made a very sensible comment but you are free to think otherwise. Who do you think subsidy removal affect, the rich or the poor? Population of the poor in this country is a thousand miles ahead of the rich, yet all you’re concerned about is that they won’t make more profits. What happens to bringing this so called saboteurs of our economy to book instead of throwing away the bath water with the child? 1 Like |
(1) (2) (3) (4) (5) (6) (Reply)
Osinbajo, CDS, NSA, Others Meet In Aso Rock / Makinde Recalls Oyo TV Staff Sacked By Ajimobi 4 Years Ago / Reason President Jonathan Visited Maiduguri
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 68 |