Kasssandra:


Only way for FG to repair refineries...remove subsidy first. Because the money that would have gone into repairing refineries is spent on subsidising fuel in the first place.....

Finally, you want fuel and diesel to be sold at cheap prices...from your last sentence. It does not work like that in real life. The people who bring and make the diesel you use want to be paid well. Same for fuel. And subsidy costs don't cover all their cost of living.

Subsidy and refinery repair are not in each other's way as you are portraying here. Before subsidy cost rose, they said there wasn't money. Now it is high, there isn't still money as they claim, but they could have fixed at least one refinery when the subsidy was still lower compared to its current state.

Realist12:
Thank God Obi and Labour party won't take over the government , this their own kind of clueless is a type we've never seen before,Fuel subsidy that the present government is gradually removing Obi wants to remove it in weeks or months and cause unnecessary hardship, same youths campaigning for him today will hit the streets to protest for Obi's impeachment in his first tenure .Obi/LP are not even updated on the workings of government, same Labour party sponsored by NLC his ideology is different from what NLC stands for.
Can't Obi think outside the box for ones ? All he's campaigning with are been done by APC already, he should have joined APC if he loves their manifestos.

Don't you have shame? Why should APC remove subsidy at all? Isn't it the same APC/buhari/Tinubu that protested against Jonathan removing subsidy?

Where are the refineries APC/buhari promised Nigerians? How is buhari paying subsidy, the same subsidy he called a fraud?

CyberHustle:
Subsidy and refinery repair are not in each other's way as you are portraying here. Before subsidy cost rose, they said there wasn't money. Now it is high, there isn't still money as they claim, but they could have fixed at least one refinery when the subsidy was still lower compared to its current state.

Okay, let's break it down

Suppose you were selling exercise books at N200 per book, after buying them N100 from supplier, who bought them N80 from manufactuer

Government steps in and tells you to sell that exercise book at N20 instead of the N200 you were planning to sell it...and pays you a subsidy of N50 per book....

Where would you get the money to pay the supplier., and where would supplier get money to pay manufacturer.

When subsidy started, we had 2 working refineries, today we have 4 non-working refineries. If that does not tell you something.....

CheapHomes1:


Don't you have shame? Why should APC remove subsidy at all? Isn't it the same APC/buhari/Tinubu that protested against Jonathan removing subsidy?

Where are the refineries APC/buhari promised Nigerians? How is buhari paying subsidy, the same subsidy he called a fraud?

NLC led the protest .

It's a shame

Realist12:
NLC led the protest .

You haven't answered my questions.

Don't you have shame? Why should APC remove subsidy at all? Isn't it the same APC/buhari/Tinubu that protested against Jonathan removing subsidy?

Where are the refineries APC/buhari promised Nigerians? How is buhari paying subsidy, the same subsidy he called a fraud?

Kasssandra:


Okay, let's break it down

Suppose you were selling exercise books at N200 per book, after buying them N100 from supplier, who bought them N80 from manufactuer

Government steps in and tells you to sell that exercise book at N20 instead of the N200 you were planning to sell it...and pays you a subsidy of N50 per book....

Where would you get the money to pay the supplier., and where would supplier get money to pay manufacturer.

When subsidy started, we had 2 working refineries, today we have 4 non-working refineries. If that does not tell you something.....

Have you eaten today?
I asked because govt is not short paying the middlemen. You clearly manufactured that lie(about paying N50 instead of N180 in your illustration) to sell an unsellable point.

CyberHustle:
Have you eaten today?
I asked because govt is not short paying the middlemen. You clearly manufactured that lie(about paying N50 instead of N180 in your illustration) to sell an unsellable point.

Well , since you are getting emotional, have a good day, sir.

gaby:
Stupid Advocate of Nigeria (SAN), Festus.

Who’s more stupid between you and him? He raised vital points about PO and his labour union policies. You did not examine that and probe that, rather you resorted to abuse.

mrvitalis:
Leadership is all about trust that why abroad when leaders lose the trust of the People they just reason

If Buhari was elected in 2015 and decided to remove subsidy most Nigerians would have trusted him and supported him

But over the last 7 years APC have showed they can't be trusted ...if we have a leader that can account for every loan and revenue to the last kobo
And wants to remove subsidy why not

The president daughter can't be flying presidential and you wants to remove subsidy

The president can't have over ten plans in its fleet and you want to remove subsidy

The president can't spend 5 billion on food and wants to remove subsidy

If we have a president that refuses to buy new cars , reduce Aso rock spending by 90% , reduce the president jet to just 2 small planes , who's wife is not using public funds ...then we can talk about removing subsidy

Address the issues raised. Buhari has been wanting to remove the subsidy based on his promise. Organised Labour opposed him. Now their candidate is singing the same Buhari tune and they are keeping quiet. Are they hypocrites? Are they just interested in grabbing power and forgetting their fight for the masses? Those are questions begging for answer.

Kasssandra:


Only way for FG to repair refineries...remove subsidy first. Because the money that would have gone into repairing refineries is spent on subsidising fuel in the first place.....

If you remove the subsidy,it means nigerians will buy directly imported fuel which goes above #450 per litre!
The resultant effect is hyperinflation!
Nigerians and the economy will not survive if any president attempts to remove fuel subsidy without repairing the refineries!
Pandemonium is inevitable! Endsars protest will be childs play compared to what might transpire!
We cannot keep paying for the incompetence and negligence of an FG that have refused to get their priorities right!
Nothing was preventing the FG from getting funds to either repair or build new refineries!
A state in the US has 47 refineries and we are grappling with just one refinery which may not be enough to serve everyone!
Nigerians are not the ones that stopped them from building new refineries since this administration started!

Kasssandra:

Finally, you want fuel and diesel to be sold at cheap prices...from your last sentence. It does not work like that in real life. The people who bring and make the diesel you use want to be paid well. Same for fuel. And subsidy costs don't cover all their cost of living.

Is our crude oil imported?
Do we not have crude oil for domestic consumption?
Once local production begins,the 'landing cost' at the port will be taken out!
Achieving cheaper diesel and fuel is possible when more players come into a deregulated system which is already at work!
Let us start local production first and let the private refineries like dangote compete,this will drive down the price eventually!

There is no subsidy, it's a scam
This is why they won't fix the refineries because it will expose the fact that subsidy is a scam.

Obi is a disappointment, he is not talking of fixing refineries but increasing hardship.

Is it because he is being subsidized?

openmine:

If you remove the subsidy,it means nigerians will buy directly imported fuel which goes above #450 per litre!
The resultant effect is hyperinflation!
Nigerians and the economy will not survive if any president attempts to remove fuel subsidy without repairing the refineries!
Pandemonium is inevitable! Endsars protest will be childs play compared to what might transpire!
We cannot keep paying for the incompetence and negligence of an FG that have refused to get their priorities right!
Nothing was preventing the FG from getting funds to either repair or build new refineries!
A state in the US has 47 refineries and we are grappling with just one refinery which may not be enough to serve everyone!
Nigerians are not the ones that stopped them from building new refineries since this administration started!


Is our crude oil imported?
Do we not have crude oil for domestic consumption?
Once local production begins,the 'landing cost' at the port will be taken out!
Achieving cheaper diesel and fuel is possible when more players come into a deregulated system which is already at work!
Let us start local production first and let the private refineries like dangote compete,this will drive down the price eventually!

I myself know that what you are saying is true.

I too would love it if we sold fuel at 20 naira a liter.

But the fact is, paying for subsidy is creating a big hole in our budget , fuelling corruption and losing us a lot of money and jobs every year. And indirectly worsening the value of the naira. Plus we are spending billions subsiding fuel for all our neighbors because smuggling.

Either we keep subsidy and keep on getting more of the above or we remove subsidy and at least stop paying people free money to loot plus we in essence incentivise domestic refining. With the resulting increase in jobs and income for all.

Choose the medicine. I'm sorry for sounding so harsh, but subsidy has to go. Thanks to high oil prices we have spent twice as much as we spent last year on subsidy, and the year is not over.

We can disagree here sans rancour.

drlateef:




Who’s more stupid between you and him? He raised vital points about PO and his labour union policies. You did not examine that and probe that, rather you resorted to abuse.

Dr LaThief...

No wonder....

drlateef:




Address the issues raised. Buhari has been wanting to remove the subsidy based on his promise. Organised Labour opposed him. Now their candidate is singing the same Buhari tune and they are keeping quiet. Are they hypocrites? Are they just interested in grabbing power and forgetting their fight for the masses? Those are questions begging for answer.

The same buhari who attacked Jonathan in 2012 when he hiked fuel price.

Reduce cost of governance, stop subsidizing the politicians at the expense of the masses.

greenermodels:
This mumu APC spokesman have forgotten that his party's government of Buhari have already announced that subsidy would be removed next year June,that's immediately after they leave government. Is Keyamo now opposing Buhari's policy?

That is not the issue here.

He is calling Obi and Labor party hypocrites as Obi's decision to end the subsidy is anti-labor and therefore against what the party stands for.

I too jumped to your conclusion until I chose to thoroughly read the article.

drlateef:




Address the issues raised. Buhari has been wanting to remove the subsidy based on his promise. Organised Labour opposed him. Now their candidate is singing the same Buhari tune and they are keeping quiet. Are they hypocrites? Are they just interested in grabbing power and forgetting their fight for the masses? Those are questions begging for answer.

Did you read what I wrote ? No body trust Buhari or APC to use the subsidy money well ...they have proven to be bad managers of resources

Masses can't suffer the removal of subsidy when a minister still has 15 cars on their entourage

When Buhari daughter fly presidential get ...

If u don't get it now go meet your English teacher

rusher14:


They cannot build or repair them.

Hasn't history taught us anything?

Since Abacha's government, the Nigerian-owned refineries have been in perpetual state of (dis)repair.

So how were they able to repair the PH refinery?
I'm not saying that bringing in the private owners to build refineries is a bad idea...However,the FG can also build or repair theirs as a means of generating their own IGR!
Where there is competition,the fuel price and others will gradually fall!

mrvitalis:

Did you read what I wrote ? No body trust Buhari or APC to use the subsidy money well ...they have proven to be bad managers of resources

Masses can't suffer the removal of subsidy when a minister still has 15 cars on their entourage

When Buhari daughter fly presidential get ...

If u don't get it now go meet your English teacher

Now tell me, Is it Peter Obi we should trust with subsidy money? Peter that tells lies everywhere he goes? I am not blind to his lies, if you are.

drlateef:




Now tell me, Is it Peter Obi we should trust with subsidy money? Peter that tells lies everywhere he goes? I am not blind to his lies, if you are.

You can believe what ever you wish to believe

But in his record in the private sector and public sectors he has proven to be a good manager of funds

And his plans for the subsidy funds convince people like me and nlc to trust him

Basically we can't expect everyone to understand and accept that ....

Call him liar or not obi can't be said to have stolen public funds ever ,didn't get miraculously richer after joining politics

We trust Peter obi ...if you don't trust him that's your business

MR

M U G U

FESTUS D MUGU

Kasssandra:


I myself know that what you are saying is true.

I too would love it if we sold fuel at 20 naira a liter.

But the fact is, paying for subsidy is creating a big hole in our budget , fuelling corruption and losing us a lot of money and jobs every year. And indirectly worsening the value of the naira. Plus we are spending billions subsiding fuel for all our neighbors because smuggling.

Either we keep subsidy and keep on getting more of the above or we remove subsidy and at least stop paying people free money to loot plus we in essence incentivise domestic refining. With the resulting increase in jobs and income for all.

Choose the medicine. I'm sorry for sounding so harsh, but subsidy has to go. Thanks to high oil prices we have spent twice as much as we spent last year on subsidy, and the year is not over.

We can disagree here sans rancour.

I also understand where you are coming from and i honestly want the subsidy out today because of the humongous hole it has created!
However,Nigerians must not be be beneficiaries of consistent sufferings due to the continuous negligence of our past and present leaders to do what is right!
If the government has been true to their words to repair and build refineries from the beginning of this administration or past administrations, fuel subsidy will not be mentioned by now!
Look at what is happening to the price of aviation fuel and diesel that have been deregulated...The last i heard about a flight price was a 100k.....Now imagine when Nigerians start buying fuel at #450 per litre!

My question to you is how will Nigerians be able to afford food products that are heavily dependent on the price of fuel if the subsidy is removed today?

gaby:


Dr LaThief...

No wonder....

Low life, you are resorting to more abuse.

gaby:


Dr LaThief...

No wonder....

Low life, you are resorting to more abuse.

mrvitalis:

You can believe what ever you wish to believe

But in his record in the private sector and public sectors he has proven to be a good manager of funds

And his plans for the subsidy funds convince people like me and nlc to trust him

Basically we can't expect everyone to understand and accept that ....

Call him liar or not obi can't be said to have stolen public funds ever ,didn't get miraculously richer after joining politics

We trust Peter obi ...if you don't trust him that's your business

How can you trust a liar? This beats my imagination.

Totilopussylick:


By saying they care for the poor

When they careless

which govt in the history of Nigeria has invested more than this govt in social investment?

On behalf of who are you talking this Festus. Better mind ur business. You people have failed this country

drlateef:





How can you trust a liar? This beats my imagination.

Liar ? Making mistakes with numbers doesn't make one a liar ...but I don't expect an APC supporter to know the difference


U don't like Peter obi because to you he lies but you support APC ? Lmfao

Chai Peter Obi is now the official opposition in Nigeria PDP and APC have united against him

Keyamo has been reduced to barking in this administration ooo, imagine what a grown man is yarning

mrvitalis:
Leadership is all about trust that why abroad when leaders lose the trust of the People they just reason

If Buhari was elected in 2015 and decided to remove subsidy most Nigerians would have trusted him and supported him

But over the last 7 years APC have showed they can't be trusted ...if we have a leader that can account for every loan and revenue to the last kobo
And wants to remove subsidy why not

The president daughter can't be flying presidential and you wants to remove subsidy

The president can't have over ten plans in its fleet and you want to remove subsidy

The president can't spend 5 billion on food and wants to remove subsidy

If we have a president that refuses to buy new cars , reduce Aso rock spending by 90% , reduce the president jet to just 2 small planes , who's wife is not using public funds ...then we can talk about removing subsidy

God bless you

mrvitalis:

Liar ? Making mistakes with numbers doesn't make one a liar ...but I don't expect an APC supporter to know the difference


U don't like Peter obi because to you he lies but you support APC ? Lmfao

Those are not mistakes but deliberately telling lies to support his weak policies. He tells barefaced lies. How can you know it’s a lie? Subject those lies to integrity tests. They fail. Mistakes are not far from truth, but lies are far from truth.