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Nairaland Forum / Nairaland / General / Politics / Fuel Subsidy Costs ₦816bn In Seven Months (4870 Views)
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Re: Fuel Subsidy Costs ₦816bn In Seven Months by Kingzeez10: 7:58am On Oct 18, 2021 |
. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by grandeoj09(m): 7:58am On Oct 18, 2021 |
But average Nigerians salary is less than 150k |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Brushstrokes20: 7:59am On Oct 18, 2021 |
But the lifeless crook in aso affirmed that subsidy is a scam.... Useless, nepotic, bloodthirsty govt OF SELF SERVING THIEVES Nig urgently needs a leader! 2 Likes |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by degamonn: 7:59am On Oct 18, 2021 |
Is it a taboo to refine locally in the country? No attempt by the government to refine crude locally. All what they waiting for is Dangote to commence production. Only those involved know the game they playing 1 Like |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by gurunlocker: 8:00am On Oct 18, 2021 |
Backward country.... Just corruption and vibes! |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by droggieGoon: 8:09am On Oct 18, 2021 |
Good morning my nairalanders can i please getva sure link of how to travel to dubai ftom cotonu |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by OG1BABY(f): 8:11am On Oct 18, 2021 |
Na wa |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Kingpele(m): 8:14am On Oct 18, 2021 |
[quote author=NaijaSatanist post=106834174]Accept Satan into you heart now!!! THE BOOK OF LUCIFER THE ENLIGHTENMENT Th e Roman god, Lucifer, was the bearer of light, the spirit of the air, the personification of enlightenment. In Christian mythology he became synonymous with evil, which was only to have been expected from a religion whose very existence is perpetuated by clouded definitions and bogus values! It is time to set the record straight. False moralisms and occult inaccuracies must be corrected. Entertaining as they might be, most stories and plays about Devil worship must be recognized as the obsolete absurdities they are. It has been said "the truth will make men free". The truth alone has never set anyone free. It is only DOUBT which will bring mental emancipation. Without the wonderful element of doubt, the doorway through which truth passes would be tightly shut, impervious to the most strenuous poundings of a thousand Lucifers. How understandable that Holy Scripture should refer to the Infernal monarch as the "father of lies" - a magnificent example of character inversion. If one is to believe this theological accusation that the Devil represents falsehood, then it surely must be concurred that it was HE, NOT GOD, THAT ESTABLISHED ALL SPIRITUAL RELIGIONS AND WHO WROTE ALL OF THE HOLY BIBLES! When one doubt is followed by another, the bubble, grown large from long accumulated fallacies, threatens to burst. For those who already doubt supposed truths, this book is revelation. Then Lucifer will have risen. Now is the time for doubt! The bubble of falsehood is bursting and its sound is the roar of the world! [U are a fool but you don't know it,lucifer was created by God with other ach angels ,he was a morning star bearing the light of God ,he was respected by God's angels ,because it is his duty to led you and I and everything in heaven into the worship of God ,he was faithful in his duties until pride entered into his mind ,he began to desire to be worshipped ,he believed he could turn the whole creation against God but was shocked that his brothers the ach angels didn't buy his ideas ,they were terribly hurt by lucifer fall a,especially ach angel uriel wept uncontrollably because he loved his brother lucifer very much,lucifer rejected love and went into deception ,deceiving himself and others like you ,full hatred he plotted perfectly how to ruin humanity through wickedness ,evil and hatred ,the so called enlightenment u preach is part of the deception we are talking about,some one that your maker is incapable of loving you , lucifer lost the battle and also he lost the light of the morning star which he had...the light he claims to have now is darkness in disguise for light in other to deceive God's children the humanity..God created us in his image and likeness that is the primary reason lucifer hate humanity.am a prophet of God and I have seen deep revelation of lucifer and God |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by tnerro1(m): 8:19am On Oct 18, 2021 |
And so, is it our fault they refused to fix the refineries because they are the ones importing the fuel and getting huge commissions |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by shegun854(m): 8:29am On Oct 18, 2021 |
seenihola: I'm interested how can I get this from ijebu ode |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by erico2k2(m): 8:32am On Oct 18, 2021 |
Islie:Shhhhhhhhh They removed the subsidy abi nor be so dem talk that year |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by frog12: 8:40am On Oct 18, 2021 |
a BIG SCAM. these people are diverting money in the name of subsidy |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by 9ty4our: 8:47am On Oct 18, 2021 |
Next Level fraudsters.. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by bayelsaowei(m): 8:48am On Oct 18, 2021 |
Let's keep waiting for Dangotes refinery.. foolish country |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by VULCAN(m): 8:49am On Oct 18, 2021 |
It wasn't fuel subsidy that cost that much. It's Buhari and his cronies that stole most of that. Every time they have increased fuel price since 2015 they claimed it was due to removing subsidy. What APC cannot steal does not exist |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Nobody: 8:55am On Oct 18, 2021 |
That is why subsidy should go. But if you tell Nigerians that subsidy should go, they will tart crying and shouting and weeping and abusing, and behaving like babies. The truth is, subsides not only prevent profit making, they also cause money losses...as seen in the article above. As it says. The Nigerian National Petroleum Corporation (NNPC) in the last seven months spent over N816billion in subsidising the cost of Petroleum Motor Spirit (PMS) for Nigerians, a report has shown. See what I mean... According to the industry’s report obtained from the Corporation’s website, the NNPC started recording what it described in its books as “value shortfall” from February. In other words, NNPC cannot remit money to the Government because NNPC has to spend money on subsides...which are growing because the price of oil is rising again. That's how we lose forex, and that's why Buhari is borrowing up and down. And that's why GEJ and his enemy Sanusi Lamido Sanusi both agree on one thing...how much they hate subsidies. A breakdown of the figures showed that within the period under review, the shortfall steadily rose from N25.3billion in January to N164.3billion recorded in May.[/quote] In short....we are running out of money to susidise. Either subsidy goes, or we have to use more of our revenue from oil to pay for subsidies...which means more borrowing. But Nigerians don't hear. They did not hear in 2012, and they won't hear now. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Omohena: 8:56am On Oct 18, 2021 |
Islie:This same subsidy this clueless Govt said was a scam in 2014.How come they keep telling us about subsidy now.May God punish u all |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by paskal16: 8:56am On Oct 18, 2021 |
Chai 100million inside this money my life dn better |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Nobody: 8:59am On Oct 18, 2021 |
Brushstrokes20: I agree with you that Buhari should go.(The guy is clearly past his prime.) But the thing is, it is costing nigeria more and more money to subsidise fuel. As the article says... According to the industry’s report obtained from the Corporation’s website, the NNPC started recording what it described in its books as “value shortfall” from February. In other words, NNPC is not remitting money to the Federation account because it is costing more and more to keep fuel at N162.5 per liter. If we remove Buhari...as we must...we would still face this problem. And if we put you as the leader, we would still face this problem. And the money NNPC is spending is money that, if there was no subsidy, would have gone on building and maintaining refineries...and NNPC would have made a large profit...though it means we would be paying above N300 PER liter of fuel. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Nobody: 9:00am On Oct 18, 2021 |
iscom: That's why it should go. So that they would stop scamming us, and stop siphoning. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Nobody: 9:01am On Oct 18, 2021 |
NaijaSatanist: The religion thread is right this way...take a left and then another right...and it is behind the 'education thread' Say hi to the Muslims and Pagans for me... |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by udemzyudex(m): 9:03am On Oct 18, 2021 |
Fuel subsidy this fuel subsidy that, is it not a shameful thing that a country like Nigeria can't refine her crude oil? Spit. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by RichAbujaGuy: 9:07am On Oct 18, 2021 |
The scheme that mostly benefits multinationals and looters of all political parties since it's inception back in 1977. I just read the complex organisational structure and it is a maze of confusion for my fish brain to comprehend. https://en.wikipedia.org/wiki/Nigerian_National_Petroleum_Corporation
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Re: Fuel Subsidy Costs ₦816bn In Seven Months by iscom(m): 9:26am On Oct 18, 2021 |
anorexicmuster:You are very right. 1 Like |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Yankee101: 9:45am On Oct 18, 2021 |
Scam |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Brushstrokes20: 9:49am On Oct 18, 2021 |
anorexicmuster:Good points you've raised, but what is the benefit of being a citizen of a major oil producer in the world? All Nig needs is just a sincere, youthful, committed, seasoned, detribalised, compassionate LEADER!... The oil and gas sector is Grossly corruption ridden under the very watch of Mr FALSE integrity.... And if the head is rotten, the body is useless. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by wallrichy: 9:59am On Oct 18, 2021 |
Thought it was only me. I expected that with such subsidy amount, we shouldn't even be paying a kobo to buy fuel....just drive in and fill your tank and go away....almost a trillion and we are still buying at 165 per litre..... Nigeria na wa..... Donbabafx1: |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by rayvelez(m): 10:20am On Oct 18, 2021 |
That’s nice but before the end of 2021 inshallah subsidy go reach #1.5trillion cos wen GEJ was abt to remove the scam subsidy that dullard in Aso rock as well as the big thief in Lagos protested against it but now thr eyes don clear. |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by ygowon: 11:24am On Oct 18, 2021 |
benuejosh:But when Jonathan wanted to remove subsidy, it was same Tinubu, Buhari and the demonic APC that carried the protest on the head. Today, who can protest like that again without being killed? Very demonic set of people. See English: This are When you don't know when to use 'this' and 'are' in your English, how would u know if your future is not eroded by the people you are supporting? |
Re: Fuel Subsidy Costs ₦816bn In Seven Months by Nobody: 11:27am On Oct 18, 2021 |
They need to just leave dt subsidy like that. Dts the only thing a poor Nigerian benefits from the government. They should rename it "social welfare subsidy". N816 billion is not up to the amount of money politicians steal from nigerians quarterly. These guys want to steal the budget and still make Nigerians pay N2000/ltr for fuelling cars and generators. |
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