₦airaland Forum

Please someone should educate me on what the president meant by saying subsidy is over

it means that petroleum products prices will likely skyrocket except if Nigeria reduce its importation and refine crude locally (Dangote refinery can be a major boost in that case )......... but should Nigeria continue importation,, the price will increase which will also lead to an increase in the prices of other commodities across the country which means more hardship.

tallfish145:
Please someone should educate me on what the president meant by saying subsidy is over

Means criminals defrauding Nigerians in the name of fuel subsidy it's over for them

yarimo:
Means criminals defrauding Nigerians in the name of fuel subsidy it's over for them

But Goodluck Jonathan tried to remove this same subsidy, Tinubu and his APC party kicked against it

So what has changed? Yarimo!

Bobloco:
But Goodluck Jonathan tried to remove this same subsidy, Tinubu and his APC party kicked against it

So what has changed? Yarimo!

and Jonathan succumb to them because he is dumb

means more money for other investment , if he can fix electricity hardship wont hit hard

yarimo:
and Jonathan succumb to them because he is dumb

Tinubu is the dumbest for turning around to approve what he and his ilks kicked against during Goodluck Jonathan regime

Mattswaggz:
it means that petroleum products prices will likely skyrocket except if Nigeria reduce its importation and refine crude locally (Dangote refinery can be a major boost in that case )......... but should Nigeria continue importation,, the price will increase which will also lead to an increase in the prices of other commodities across the country which means more hardship.

Stop deceiving people with false hope.
There is no exception to the rule and it has nothing to do with importation or no importation.
Price of petrol will skyrocket and will affect every other good.

Mattswaggz:
it means that petroleum products prices will likely skyrocket except if Nigeria reduce its importation and refine crude locally (Dangote refinery can be a major boost in that case )......... but should Nigeria continue importation,, the price will increase which will also lead to an increase in the prices of other commodities across the country which means more hardship.

Which Dangote...?
He produce cement and sold in higher price in Nigeria than our neighboring countries.