Musa, Buhari's new maiguard, asked his oga " Buhari, abi ?!"

stanech:
I don't get it. Would it not be better to have given the crude oil to the people that refines it for a fee and then send the finished products to us? that way we only have to pay for the cost of refining and transporting?

Why are our leaders this wicked?

These Fulani guys eh..

Come Abuja see petrol station everywhere... Owned by Fulani pple

taylor89:
Just put it no fuel subsidy payments since APC took over

Very devilish party supported by mad people

Get sense
Which regime did not pay the money

Any thing this bastard say you swallow it and believe them

Between Kyari & Emefiele, I don't know
who is the biggest mumu, corrupt
confusionist ❗️❗️😐😐😐

taylor89:
Just put it no fuel subsidy payments since APC took over

Very devilish party supported by mad people

like your great grandfather idiot stop using abusive language

Nigeria is an organized crime scene

Instead of prosecuting subsidy thieves, we dey rub their heads cos they are still the same people in power

Very funny corntree

Nigeria is liken to a purgatory where the poor pay for the sins of the rich.

Penance confessed go in vain though....

TemplarLandry:
This NNPC is the major corruption channel in Nigeria.
Mele Kyari and his cronies are about to witness the wrath of Jagaban.

I dedicate “Patiently Waiting” by 50 Cent & Eminem to every well-meaning Nigerian who believes Jagaban has brought us #RenewedHope.

What wrath sir?

Buhari was the Petroleum minister. . Do you think any major decision/s of NNPC/L went through without his oversight and consent?

Moreso, do you think Jagaban is coming there to fight corruption on behalf of you or Nigerians or his own bank accounts?

Do you also think Tinubu will create a system there that will prevent him from directly siphoning and milking the remains within that setup?

I don't know what you guys are eating that has rotten away your brain really.

So since APC took over, no fuel subsidy has been paid. Rather they keep on accruing debt upon debt. Chai Buhari! Chai Tinubu!! Buhari pro max

Where is that Finance minister again abeg

nairalanda1:
Since 2016, NNPC has been selling fuel to the market at a price lower than that of the cost of bringing it into the country.

The market then sells it at a price above the NNPC sale price, which is fixed by government

Government then pays NNPC to compensate it for the losses it sustains selling fuel to market below import cost/landing cost

That is what Mele Kyari means.

Modifed

By Jupiter's beard, Nigerians are deliberately dense, or just misunderstanding

I am not defending Buhari or Tinubu or exusing anything....I am just telling you how the system worked from 2016 onward people.

Seriously it is not that hard

It does not make Buhari a wise man...infact Buhari was doing the wrong thing by keeping subsidy in the first place, which is why we have issues now. And it was Tinubu who put him there.

If you have nothing sensible to say, don't quote me, keep the eff off.

That is subsidies, the government is compensating NNPC for its loss , which is a subsidy to the marketers

nairalanda1:


In 2016, Buhari made NNPC the sole importer, which means NNPC imported fuel at price X and sold at a lowe price Y

The difference between price X and Y was paid as subsidy

Add monies paid to transporters to keep the cost of fuel the same across the country

There is your subsidy cost.

Oga, I used to respect you. Now you have joined the mockers. I am not defending any corruption. I am giving an explanation.

Sigh.

How iis "The difference between price X and Y was paid as subsidy" when NNPCL simply said it didn't pay subsidy to any one?

Flets:
This is just Fraud without end. Instead of Tinubu to go after these criminals, the already poor Nigerians are made to pay for the sins of these politicians.

exactly. the major problem with Nigeria, is that the rich political elites always avoid confronting themselves, over any crimes they had committed, instead they pass over the bitter pills for the impoverished nigerians to swallow, in the name of a fantasy better tomorrow, that will never come.
funny enough, nigerians always swallow the pills and the lies, but still remain in the same precarious situation.
crooked political elites are the major problem of Nigeria.
if they have not been paying subsidy, since 2016, where's the money going to, and why disturbing the masses ?

ArewaNorth:


Hate and emotionally controlled opinions can't give facts to verdict like this. This is fact and need to be clarified!

Country no good....u are accusing the citizens of hate...

No security...people are dying....u are accusing us of hate...

Minimum wage less than 30$ many can no longer afford fuel and food.... yet all u do is accuse the citizen of hate....

The goverment can do better than all these nonsense......and ur asslickińg is irritating and annoying ..always accusing masses that just want better for their country

nairalanda1:


The smuggliers, government officials, and a host of other people

Before 2016, marketers, etc.

Who are these smugglers and how do.they smuggle?

Who are the government officials?

Who are the "a host of other people"?

How were marketers culpable before 2016?

nairalanda1:


In 2016, Buhari made NNPC the sole importer, which means NNPC imported fuel at price X and sold at a lowe price Y

The difference between price X and Y was paid as subsidy

Add monies paid to transporters to keep the cost of fuel the same across the country

There is your subsidy cost.

Oga, I used to respect you. Now you have joined the mockers. I am not defending any corruption. I am giving an explanation.

Sigh.

What is the amount paid to transporters that makes up the so called huge amount of subsidy that you always claim has wrecked nigeria?

Who are these transporters?

Angelfrost:
Where is the top defender, Nairalanda1?!!

No subsidy was paid, yet they have been subsidizing Fuel!

When I say that until Corruption is tackled starting from the top to all sectors, no policy will work, y'all think I'm blabbing!


Buddha3, Lexy2014, Vinniejones, CSTRR,... Una dey see una leaders?!!

They will feed hungry and mentally-deficient Nigerians Propaganda upon Propaganda till they drop dead in the streets!

I see it bro. Below is the same Kyari telling the world that fuel subsidy ended officially in 2020 but in 2023, Tinubu is still removing the same fuel Subsidy that ended in 2020.

How it is possible, only Mr. Nairalanda1 can help Kyari explain

Are you arguing base on what you read?NNPCL claim they have not paid marketers for subsidy since 2016.They have been doing crude oil swap then how come f feral govt owes them 2.8 trillion naira.These are all scams, crude oil exchange for petrol is supposed to be shared within the three tiers of govt which was not happening later they come back and say govt owes them.If tinubu wants to fight corruption he better start from NNPCL.

nairalanda1:
Since 2016, NNPC has been selling fuel to the market at a price lower than that of the cost of bringing it into the country.

The market then sells it at a price above the NNPC sale price, which is fixed by government

Government then pays NNPC to compensate it for the losses it sustains selling fuel to market below import cost/landing cost

That is what Mele Kyari means.

Modifed

By Jupiter's beard, Nigerians are deliberately dense, or just misunderstanding

I am not defending Buhari or Tinubu or exusing anything....I am just telling you how the system worked from 2016 onward people.

Seriously it is not that hard

It does not make Buhari a wise man...infact Buhari was doing the wrong thing by keeping subsidy in the first place, which is why we have issues now. And it was Tinubu who put him there.

If you have nothing sensible to say, don't quote me, keep the eff off.

nairalandkachy1:


https://nairametrics.com/2023/07/05/no-fuel-subsidy-payments-have-been-made-to-marketers-since-2016-nnpc-limited/

The way government is being managed, no transparency, no accountability.

We should be refining our own crude.
We are probably the only top oil producing nation still importing refined petroleum products.
It should be made unconstitutional for us to import petrol.
We have the worst set of people among as our leaders.

stanech:
I don't get it. Would it not be better to have given the crude oil to the people that refines it for a fee and then send the finished products to us? that way we only have to pay for the cost of refining and transporting?

Why are our leaders this wicked?

nairalandkachy1:


https://nairametrics.com/2023/07/05/no-fuel-subsidy-payments-have-been-made-to-marketers-since-2016-nnpc-limited/

But u kept quiet since! U b dumb? U are part of the 10-15% Nigerians reaping us our hard earned money.

Eveyday these devils keep reeling out one tale or the other to deceive their gullible followers. I still keep saying that as long as Nigerians continue to be fools, the greedy politicians will continue to press their necks.
NNPC or NNPcl or whatever they call it is nothing but a big behemoth of corruption. The politicians have sold it to themselves so nothing for Nigerians again.

Allow the poor to breath

Mela kyari and his cohorts are taking Nigerians for a ride but I bet you the truth will be unravel led sooner rather than later .

basilo102:
Which means they shared the subsidy money. Which means actual price without subsidy should be 180. Which means Tinubu only increased the price to recoup his election bribery

This country has been hijacked by criminal cartels

nairalandkachy1:


https://nairametrics.com/2023/07/05/no-fuel-subsidy-payments-have-been-made-to-marketers-since-2016-nnpc-limited/

Another scam loading

waveman2:
Are you arguing base on what you read?NNPCL claim they have not paid marketers for subsidy since 2016.They have been doing crude oil swap then how come f feral govt owes them 2.8 trillion naira.These are all scams, crude oil exchange for petrol is supposed to be shared within the three tiers of govt which was not happening later they come back and say govt owes them.If tinubu wants to fight corruption he better start from NNPCL.

Am not arguing anything. I am just showing you how the system works. (plus government was still paying marketers claims from before 2016 up till 2019)

You see, I don't like subsides because they encourage looting corruption and loss of refining capacity and wuru wuru. Now, we don't have the same issues in the hospitality secotor, telecoms sector, even food sector, because all them companies are allowed to sell at the price they want to sell.

So, all you have mentioned is as a result of subsidy. To me, that is why subsidy cannot work. People love money and corruption. Which is why since 2012, I have wanted it gone.

Whatever you think about my ideas, am glad that thing is gone...and I would say the same thing if Obi or Atiku was in charge and were removing subsidy. This is not about politics, it is about our fiscal situation.

endy69:

Are in better position to tell Nigerians who has been paid than NNPC?

Go and read that stuff again. That's how you fail exams.

And one idiot said he is the minister of petroleum during his regime..may God never forgive that sattan called buhari

TemplarLandry:
This NNPC is the major corruption channel in Nigeria.
Mele Kyari and his cronies are about to witness the wrath of Jagaban.

I dedicate “Patiently Waiting” by 50 Cent & Eminem to every well-meaning Nigerian who believes Jagaban has brought us #RenewedHope.

You are seriously dreaming walahi.

Funny country