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Removal Of Petroleum Subsidy: In Whose Interest? Live - Politics (3) - Nairaland

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Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 11:17am On Dec 22, 2011
i thought libya refine oil why did he said only ivory coast and south africa
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by olawalebabs(m): 11:18am On Dec 22, 2011
Ivory coast and south africa are the only countries with refining capacity.
Niger will soon join the league
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Mobinga: 11:19am On Dec 22, 2011
werepeLeri:

Keep quiet. Whats bull poo in what she said?

Shut up. I agree we had "major" improvements to the GSM sector after deregulation, but how is that relevant to subsidy removal? What is her poin, even mentioning that?
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:19am On Dec 22, 2011
LeoMax:

@alj_harem

There is no way anyone will like to invest in refinery at the current low subsidized rate. The system needs subsidy remocal to entice private sectors participation. Govt has no business in refineries building, they can only hold equity in it for security.

Would there be subsidy if refinaries are working ?

The investors would NOT NEED SUBSIDIES PAID to them if they have there own refinary because the cost of refining 1 barrel of oil is far less than 5 dollars thus the profit made would make subsidy insignificant.

Moreover it is the job of the government to build refinaries not Private investors.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:19am On Dec 22, 2011
These people (NLC) are supposed to be fighting for us but they don't know anything we don't know.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:19am On Dec 22, 2011
olawalebab:

Niger will soon join the league

Abi !!!!!!

I go relocate there soon angry
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 11:20am On Dec 22, 2011
werepeLeri:

if you say those at the authority are not making sense and you differ with them, how come you want others also to listen to you without differing to what crap people say?

That's were fact comes in. Ngozi gave out data on barrels of oil per person in different countries to buttress her point, I said no, a better metrics is the ratio of minimum wage to pms price in these same countries, and u will get a better picture. So the only person blabing is u.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 11:20am On Dec 22, 2011
Mobinga:

Shut up. I agree we had "major" improvements to the GSM sector after deregulation, but how is that relevant to subsidy removal? What is her poin, even mentioning that?

LOL. Only means you werent listening to her. She was talking about the effect of deregulation. LOL
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 11:21am On Dec 22, 2011
Whats the NLC guy saying? Is this the stance of NLC?
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:21am On Dec 22, 2011
The current man NLC talking is sooooo ON POINT !!!!!

God bless him
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by olawalebabs(m): 11:22am On Dec 22, 2011
alj_harem:

Abi !!!!!!

I go relocate there soon angry
na so, what is the essence of a big brother that make you suffer
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Mobinga: 11:22am On Dec 22, 2011
werepeLeri:

LOL. Only means you werent listening to her. She was talking about the effect of deregulation. LOL

How is that relevant to subsidy removal?
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by ochukoccna: 11:23am On Dec 22, 2011
Those yapping that Ngozi Iweala marshalled facts well must know that IMF&World Bank confuse their subdued territories with such glib data&statistics.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:23am On Dec 22, 2011
werepeLeri:

Whats the NLC guy saying? Is this the stance of NLC?
* * crickets * *
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:23am On Dec 22, 2011
NLC Good!!!!!!!!!!!!!!!
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:25am On Dec 22, 2011
NLC GOOD BLESS YOU

very good questions
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 11:27am On Dec 22, 2011
Mobinga:

How is that relevant to subsidy removal?

Subsidy removal is the same as de regulation.

Oh i see another person who doesnt understand before making comments.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by aljharem3: 11:27am On Dec 22, 2011
Quote of the Day by NLC

"Why should be pay higher for imported product, when we should pay lower for locally produced product"

God bless Mr Aremu
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by ochukoccna: 11:28am On Dec 22, 2011
The NLC chap-Aremu- while not gifted with oratory has pointed out the lapses in the 'facts' of GEJ's troops.
Any 1 with the sense of a goose 'll know he has dismantled GEJ's troops facts&figures.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 11:29am On Dec 22, 2011
Is that timaya at the background? What has he got to say.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:30am On Dec 22, 2011
Sanusi: He has been active in civil rights activism too.  Govt is not working for exploitation.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by werepeLeri: 11:30am On Dec 22, 2011
These are people talking - Sanusi. Not these wimps on Nairaland.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:30am On Dec 22, 2011
SUbsidy is not an ideological issue. You should not subsidize middlemen, rent-seekers, and consumption.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Mobinga: 11:31am On Dec 22, 2011
werepeLeri:

Subsidy removal is the same as de regulation.

Oh i see another person who doesnt understand before making comments.

You're an illiterate. Subsidy Removal is not the same as Deregulation.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by olawalebabs(m): 11:31am On Dec 22, 2011
Sanusi Lamido Sanusi, You too gbasky, you toomuch. But i disagree with you on this
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Ayoobscom(m): 11:31am On Dec 22, 2011
Removal will not solve any problem if will further compound dramas around cost ascertainment and price fixing for the barrels.

Why can't Nigeria build refineries of her own and stop threatening the dangling pillars of  peace of the nation.

Why not?
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 11:31am On Dec 22, 2011
werepeLeri:

These are people talking - Sanusi. Not these wimps on Nairaland.
Lmao. . . .lets see what he got to say about how the poor benefits from these whole wahala.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:33am On Dec 22, 2011
Sanusi is trying to defend his policies that have nothing to do with the mandate of the CBN. Investing in fertilizer factories, etc for development. But his point is that we shoul subsidize domestic production and domestic refining.
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 11:33am On Dec 22, 2011
sanusi is right!
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Nobody: 11:33am On Dec 22, 2011
Does anyone has any info on Notore producing about 90% of Nigeria's fertilizer ?
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by BIGERBOY1: 11:33am On Dec 22, 2011
That's why I hate listening to sanusi- he manages to convince you smiley
Re: Removal Of Petroleum Subsidy: In Whose Interest? Live by Seun(m): 11:34am On Dec 22, 2011
Half of the bad loans were to petroleum marketers.

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