This country is a joke

Akwamkpuruamu:
Our Petroleum Minister is corruption in reality

Buhari is useless

His supporters are mad

The fuel subsidy no be scam again?

pretydiva:
But I thought no more subsidy on petrol Why is this govt confused?

will you people pay the market price

buhari say supusidy la scam who dem dey pay this monthly mani to nah, hmmmm bubu answer

Ezekiel28:
Good day all, I also got the invite slated for April 2. Kindly avail me with any past questions that can assist

Send a mail to geexclusive4@gmail.com

Nooo. Subsidy regime has ended since last year oo. Loolz

This subsidy is another way to siphon public funds. It's just like yahoo. A scam!

ecclize:
someone should be enlighten me.
I could remember during the GEJ the pump price was increased bcoz the govt of the day want to stop subsidy.
Now this govt pay for subsidy and price keep going up.
is there anything am missing?

1.The governments past and present from time to time reduce the amount of money spent on subsidy, which manifests as prices going up...that is what they mean by 'stopping subsidy'.

Truth is they aren't. Especially as they still control the pricing.

2.Value of the naira rises with fall in dollar revenue , and thus causes a 'rise ' in petrol prices (since 2014, crude oil , our source of revenue, has been falling in price)

This country don tire person!

Who do us this for God's sake ??

How much does it cost to build a refinery ??

optimus106:
The fuel subsidy no be scam again?

Assuming Buhari really removed subsidy in 2015, FUEL would have been costing over 200 naira per liter by 2016.

And he would have been voted out by 2019.

Subsidy is not something any Nigerian leader wants to remove...it is too expensive politically.

Subsidybad21:


1.The governments past and present from time to time reduce the amount of money spent on subsidy, which manifests as prices going up...that is what they mean by 'stopping subsidy'.

Truth is they aren't. Especially as they still control the pricing.

2.Value of the naira rises with fall in dollar revenue , and thus causes a 'rise ' in petrol prices (since 2014, crude oil , our source of revenue, has been falling in price)

Thanks for this
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Buhari is a bloody corrupt man.

During Jonathan's administration, he said there was NOTHING like subsidy that it was the imagination of the PDP.

Later, he increased fuel price when he became the President claiming he wanted to remove the subsidy he earlier said was non-existent.

Now he wants to be spending fund on subsidy again.

WHO ARE THEY SUBSIDISING FOR?

Chei!

It is finished!

Nwanne Gọọmenti Anyịgo ooo!

I thought 3 months ago the Federal government of Nigeria told us subsidy has been removed and that was what made fuel to sell at 162 to 165. So was that a SCAM?
Please if am to ask how many barrels or crude oil per day do we produce?
How many barrels of crude oil per day do we sell?
At what exchange rate do we sell crude oil and buy fuel. With other by-products.
With the answers provided I can tell you Buhari no sabi wetin him dey do as the minister of petroleum and his claim of integrity with no corruption.

HeadShot:


Buhari is useless

His supporters are mad

The irony of the whole charade is that His spokesmen (Femi and Garba) will come out to tell you that buhari is shocked that theres subsidy payments going.

I thought they said they removed the fuel subsidy..

All is well..


Gas level indicator available. Brand New Android phone available at giveaway prices

Record high pump prices, still crazy high subsidies, now a record amount spent on refinery lipstick.... And the oil prices are still not near pre administration levels....

Where is all this money going mbok....

Kriss216:
But Buhari said Subsidy is scam pre 2015 General elections

The economists that work for this gvt should have known and advised the gvt to fix or build 2 or 3 modular refineries for domestic consumption. Infact, as the petroleum minister and the president , he should have built these refineries to avert the current subsidy issues we are now facing.

ecclize:
someone should be enlighten me.
I could remember during the GEJ the pump price was increased bcoz the govt of the day want to stop subsidy.
Now this govt pay for subsidy and price keep going up.
is there anything am missing?

SENIOR you arent missing anything...
the only thing you missed was thinking with emotions in 2014 ,rather than your brain.....

Reference:
Record high pump prices, still crazy high subsidies, now a record amount spent on refinery lipstick.... And the oil prices are still not near pre administration levels....

Where is all this money going mbok....

If there was no subsidy, fuel would be costing N300 and above by now.(But our refineries would be working since they are now profitable to maintain, and fuel prices come down)

Infact, Nigeria has very cheap fuel compared to other African countries....especially in West Africa. Always has been like that.

More than half of that money is going into someone's pocket.

Please, check my signature

Looting spree administration

Upon de 175/L

i think Nigeria is HELL spoken about in the bible

Kubernetes:


The economists that work for this gvt should have known and advised the gvt to fix or build 2 or 3 modular refineries for domestic consumption. Infact, as the petroleum minister and the president , he should have built these refineries to avert the current subsidy issues we are now facing.

And the same economists would have also told him to completely remove subsides to allow the refineries to work.

Which is politically expensive.

Plus two or 3 modular refineries won't fix our fuel supply issues...we need something like 5 or 6 dangote level refineries.

Niorte:
Buhari is a bloody corrupt man.

During Jonathan's administration, he said there was NOTHING like subsidy that it was the imagination of the PDP.

Later, he increased fuel price when he became the President claiming he wanted to remove the subsidy he earlier said was non-existent.

Now he wants to be spending fund on subsidy again.

WHO ARE THEY SUBSIDISING FOR?

If Buhari was not subsidisng fuel, fuel would have been near the N300 mark by now.

PLus he said there was nothing like subsidy simply because he did not udnerstand how a subsidy worked then.

Standing5:
In 36 months that can effectively build a refinery like the mega one in Lekki and correct a lot of economic errors in Nigeria.
No leader wants to do the reasonable thing(GEJ inclusive).

exactly same thing on my mind when i saw the Billions allocated