are all this enshrined in the 2012 budget? them don dey hammer again!!!!!!!!!!!! maybe Patience go supply 50% of those buses. 9ja cheap to govern o! see money!!!!!!!![flash=200,200][/flash]

, Enter d bus to go where,sel when there are no jobs! I will b d 1st to stone those busses. A pity ppl voted for such idealess,she-man.

Fresh fart in the Air, >! 1600 buses to transport their girl/boyfriends and concubines to the market. Stupid government ruling over helpless people.

Got this from Facebook

This is analysis done by Prof. Tam David-West, former minister of petroleum on actual cost of producing petrol in Nigeria.
1) One barrel of Crude oil =
42gallons or
159 litres
, 2) Our Refineries (i.e 4) Installed
(combined) capacity = 445,000
, barrels per day
3) Actual refineries capacity due
to
ageing equipment = 30% i.e.
133,500
barrels per day
.
4) . . 133,500 barrels = 21.2 million
litres
5) Local required consumption
(F.O.S) =
12millions litres
6) It means that even our
MORIBOND
refineries can actually meet our
local
consumption need of petroleum.
7) The cost structure of crude oil
(i.e.
Qua Iboe Crude Oil) production;
- Findings / development - $3.5
- Production cost - $1.5
- Refining Cost - $12.6
- Pipeline/ transportation - $1.5
- Distr/bridging fund Margin -$
15.69
True cost of one litre of
petroleum
anywhere in Nigeria;
- Total sum cost = $34.8
- 1ltr cost = $34.8/159 litres = $
0.219
- Naira equiv. 0.219xN160=
N35.02k
- Add Tax N5 + N35.02 = N40.02
9) Let FGN refute the above
composition
and if not, they should tell us how
they came about N65/litre.
10) Locally refined products
cannot be
sold at International price.
11) We really do not need FGN
SUBSIDY
as there was NONE in the first
place.
12) What is LACKING, is the WILL to
enforce LAW ON CORRUPTION.
Pls re-post until it gets to the right
quarters for their response;
We still stand a chance as a
COUNTRY.

Jobs for unemployed gratuates as bus drivers and conductors

Olodo prof, state with 15mil people and the one with 2mil people same number of buses!

Will the buses also service the rural populace and bring food to the market for sale? Who are the advisers to Mr President?

1600 busses will help - but it's just one of many steps that have to be done!
[img]http://s05.flagcounter.com/count/d7fd/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/.png[/img][img]http://s06.flagcounter.com/count/pII1/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/.png[/img][img]http://flagcounter.com/count/H9Y2/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/.png[/img][img]http://2.s01.flagcounter.com/count/H9Y2/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/.png[/img]

Lagos State alone has over 500 BRT buses yet the Transport situation in the state still persist.
FG wants to bring in 1600 buses & We have about 776 LG throughout the Federation so from GEJ & his cohorts, it means 2buses per Local Govt.
These people ARE SO SO DUMB,
The buses were even bought by the TUC self.
FRESH AIR INDEED,

This is analysis done by Prof. Tam David-West, former minister of petroleum on actual cost of producing petrol in Nigeria.
1) One barrel of Crude oil =
42gallons or
159 litres
,  2) Our Refineries (i.e 4) Installed
(combined) capacity = 445,000
,  barrels per day
3) Actual refineries capacity due
to
ageing equipment = 30% i.e.
133,500
barrels per day
.
4) . . 133,500 barrels = 21.2 million
litres
5) Local required consumption
(F.O.S) =
12millions litres
6) It means that even our
MORIBOND
refineries can actually meet our
local
consumption need of petroleum.
7) The cost structure of crude oil
(i.e.
Qua Iboe Crude Oil) production;
- Findings / development - $3.5
- Production cost - $1.5
- Refining Cost - $12.6
- Pipeline/ transportation - $1.5
- Distr/bridging fund Margin -$
15.69
 True cost of one litre of
petroleum
anywhere in Nigeria;
- Total sum cost = $34.8
- 1ltr cost = $34.8/159 litres = $
0.219
- Naira equiv. 0.219xN160=
N35.02k
- Add Tax N5 + N35.02 = N40.02
9) Let FGN refute the above
composition
and if not, they should tell us how
they came about N65/litre.
10) Locally refined products
cannot be
sold at International price.
11) We really do not need FGN
SUBSIDY
as there was NONE in the first
place.
12) What is LACKING, is the WILL to
enforce LAW ON CORRUPTION.
Pls re-post until it gets to the right
quarters for their response;
We still stand a chance as a
COUNTRY.

While I am totally against the removal of fuel subsidy for now (due to the poor socio economic situation of Nigerians), I think that people who should know better should tell us the true picture of things so that the public is not manipulated.

The Prof conveniently forgot that NNPC buys 445,000 per day from the nation's crude at International Prices and remits that money to the Federation Account (remember the accusation that NNPC is owing the Fed Acct). So his computation is based on wrong premise. If NNPC got the crude free, it means the subsidy will be much more as the nation will be supplying its citizen free crude to the quatum of about 25% of daily production (and we will only pay for developing and refining). What he should come out to say is that the Government should INCREASE subsidy or allocate crude to NNPC free to either refine or swap for  refined fuel (which is basically the same). All these computation is misleading the public as to the true position of things.

However, I do agree with the Prof that the amount of fuel brandished about as consumption per day is on the high side and this is one important way that subsidy payments are being lost. I dont believe that we consume up to 30 million litres. A forensic analysis is needed to identify how, where and who are responsible for these leakages and punish them severely (assuming GEJ has the liver)

Also, 1600 buses for a country of 150 million is a sick joke suitable for Comedy Central channel. Only Lagos will swallow this number and ask for more.[/font]

What do we call the buses? Subsidy line or subsidy express.

I read this news and was shocked -see link below:
http://www.sunnewsonline.com/webpages/news/national/2012/jan/05/national-05-01-2012-002.html

So FEC thinks about 100,000 people to a bus will help in anyway.
From the past, those buses may never even see the light of day.

I wonder why they did not think about the consequences of removing subsidy and proffer solutions before making living conditions of more than 90% of the population worse.

Every time am unlucky to read comments from the Hallowed office of the Presidency i cringe in despair, am lost in thought on who keeps advising our obviously weak and clueless president, would acquiring 1600 buses cushion the effect of the already inflated economy? can 1600 even take care of LAGOS alone? is this a short term plan? why do we like short cuts in Nigeria sooo much?,

What in the name of GOD is wrong with Fixing the refineries we have in Nigeria? is there a curse placed on the refineries? the amount of money spent on frivolous federal and state elephant projects can solve this problem, so many sectors of the economy have been left to rust in the wheels of the economy,

Until we make Nigerian politics less financially attractive we are going no where, until i see a massive cut in the payslip of politicians, ministers, senators governors and all individuals involved with spending the tax payers money, i would never take the country serious.

Mr President,
                   Pls, why did u choose bad people as advisers? you re heading in the wrong way,
A word is enough for the wise,

LET THEM EAT CAKE - Goodluck Jonathan

"I will never ever let you down".

Nigeria's over bloated bureaucracy is subsidised to the tune of trillions.

London alone has 6,800 buses, yet Jonathan is sending 1,600 buses for the whole of Nigeria.

What a fantastic benefit of subsidy.

PS - the buses will be given to political cronies of GEJ who will likely run down the buses, steal them and use them for private business.

The idea of 43 buses per state is as useless and unthoughtful as the fuel subsidy removal. Goodluck who actually is advising you? Well, a people deserve the kind of leader they have. Where Nigerians sleeping when they voted for this man? Was it not clear from onset that a man who made much compromises to get to power will eventually sell out to the same cabal that brought him to power?

The buses fit be 10,000 seater buses

[img]http://www.hess-ag.ch/images/lightram.jpg[/img]

From the explanation of the president of TUC this night on Channels TV, the buses actually belongs to them (TUC) and they made the order for the buses long ago from a loan they sourced based on interest. He also added the buses are due in Nigeria on the 14th and not 9th as claimed by FG.
I just don't now understand why the FG is taking credit for the purchase of the buses. Are they that desperate?

why can't govt introduce the so so called palliative before subsidy removal. at least they said budget was still okay till march ending. while the hurry. if the people saw the improvement in situation they may be persuaded

Nigerians are so used to awof that no amount of reasoning will suffice to explain removal of subsidy. From Europe, most African countries export gas runner cars due to cost effectiveness!

Can anyone deny that everything reins in Nigeria at any given period? It is either Benz today or Jeep tomorrow. This is the period of Jeep. Every Tom, Dick and Harry is riding a Jeep to show that he has 'made it'. Even if these Dudes are mere fraud stars.    

In Europe, people use cost effective vehicles because of tax and the cost of fuelling 'big' cars.
How much is the cost of kerosene in Nigeria? How much is the cost of cooking gas? Why have these concerned Nigerians not taken to the streets to protest the hight cost of these essential commodities? I guess the poorest of poorest of Nigerians use kerosene to cook and light his house, at what cost?

There is a lot of hypocrisy in Nigeria!

When a faceless creep of animals on a Xmas day killed 42 innocent worshippers, wiping away families, I had expected these so-called patriots like alj harem, to call for a Mass protest to condemn such barbaric act in a show of solidarity to affected families, and to show that the country is still one and united. Instead, he and his likes, were calling for the head of Jonathan. Despite whatever security lapses that may be attributed to the FG, people can still show that they are united towards a common cause.

This forum can be annoying a times as anyone is free to vomit putrid without logical sequence.

Yet the protagonists of a revolution in Nigeria that abound on this forum are not on the streets to partake in anti subsidy protests!!!!!!!!!

God save Nigeria.
    e

would it hurt Nigerians to go green for a change?


hybrid Cars won't hurt

this jonathan!! 1600 bus to 160 million people does that make any sense? him mama no try for birthing bad pikin

thats about 47 buses per state and 1 per local govt.
the man is simply dumb

This is actually a sound idea however I have little confidence that it will be implemented competently.

[img]http://s01.flagcounter.com/count/7uR/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/pageviews=0[/img][img]http://s10.flagcounter.com/count/oH/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/pageviews=0[/img][img]http://2.s01.flagcounter.com/count/7uR/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/pageviews=0[/img]

Nigerians are a set of people that Can Never be Satisfied. It runs in our very blood. That is all I have to say.

I don't think dis guy knows what he is doing anymore,when we have over 1500 b r t buses in lagos  its yet to meet the demand he's talking of adding 46 what difference would dat make

if they like let them bring airplanes God will still judge them.murderers,

This makes sense,atleast it wl provide succour for Nigerians. There are other measures that FGN should put in place before rushing to remove d subsidy.

As for me sha, me I no dey enter any of these "GOODLUCK" Buses before GEJ Boko Haram come target am drop IED inside.