₦airaland Forum

Nigerian masses seem to be made for endurance while the political elites and the rich are beneficiaries of the rewards of their needless sacrifice(s).

It's gone.

Parachoko:
Fuel Subsidy is Gone

Lol. It's back. Stop repeating same thing like a disc jockey
You were not blind when NNPCL took a $3bn loan recently to be paid with crude oil

Get out, working for the cabal

Kukutente23:
If you don't know them then maybe it's because they don't exist. You just coin a name to give the impression that something is evil lurking around.
Stop deceiving yourselves. There's no subsidy cabal anywhere. The fuel consumption dropped from 60m to 48m even with most people reducing their use of fuel with the price hike. That's less than a quarter of the total consumption with subsidy.
You've seen what the future holds already. Or what future are you looking for again? Mass hunger, economic depression etc. Even UI has cut working days to three. You're only under a mental siege to see right from wrong.

If you say that UGM are not real then let's stop their efforts on the people of the south east because they are really having adverse effects.
Now read my comment and replace the UGM with the subsidy cabal

Kukutente23:
Lol. It's back. Stop repeating same thing like a disc jockey
You were not blind when NNPCL took a $3bn loan recently to be paid with crude oil

Leave these guys they are waiting to be told outrightly that subsidy has been restored.

https://punchng.com/subsidy-marketers-demand-transparency-as-ex-depot-cost-exceeds-pump-price/

FG insisting on current petrol price means subsidy is back – Marketers

…say subsidy inevitable to maintain current pump price at N568-N617

Despite announcing the removal of subsidy on petrol and more than 400 per cent subsequent rise in the price, the Federal Government may be secretly paying an unspecified amount to marketers of the product to maintain the current pump price

Chigozie321:
Subsidy is a criminal enterprise. What government should prioritize is giving support to owners of modular refineries.

More licenses should be given to them and the government should give them tax rebates.

Well said, sell oil to local modular refineries in Naira, provider soft loans to construct oil reformer to support modular refineries

He still looked for a way to drag in Atiku and Obi while exonerating Tinubu.

I have just one question for him. How did he know that the same level of hardship would have been experienced if Obi or Atiku had been the President when the strategies, implementation and human resources would not have been the same?

abeyluve:
Let me ask you a question? How many Nigerian that are gainfully employed in government jobs. You are talking like this maybe because you are a civil servant.

You are wrong, I 'm not a civil servant...The hash effect is on salary earners ......Businesses know what to do and many of them have already done that. When costs increase you increase the prices of your products


If you are unemployed..well , you should either try to find a job or try to start a business.....except you are physically or mentally incapacitated, you should be trying to do something

Kukutente23:
Lol. It's back. Stop repeating same thing like a disc jockey
You were not blind when NNPCL took a $3bn loan recently to be paid with crude oil

Fuel Subsidy is Gone!

Subsidy well managed and supervised while modular refineries are put in place is the best option for an ailing nation like ours. Removing subsidy and replacing it with palliative is renewed shege indeed

Ttalk:
Kperogyi, this useless man again with a Korean name should go and meet Atiku and gives him advice on how to win the election in 203

All you have in your brain is election! Nothing about governance which affects lives. Let me guess, he stuck a cord because your tribesman is in power? Buhari apologists said similar thing for 8 years. Many Nigerians are irredeemable fools.

Kukutente23:
So if salaries are increased further fuelling inflation, what becomes of people in the informal sectors and private sectors who don't earn salaries from govt?
Our budget is usually padded in a corrupt manner.
Maybe we should cancel budgets since its riddled with corruption

Businesses and private sector should increase prices cover their increased costs ...Subsisy removal will necessarily lead to inflation, it will take some time for the economy to adjust

Okoroawusa:
If you say that UGM are not real then let's stop their efforts on the people of the south east because they are really having adverse effects.
Now read my comment and replace the UGM with the subsidy cabal

UGM is not real. What you have is criminals disturbing the populace which the govt has failed to nip in the bud. You're just giving it a name to pin it somewhere. Let me ask you the same question. Who are the members of UGM? What do they want? Can you name them?
I'm sure you'll give the same answers as you have for subsidy cabal.
To stop the effect of UGM, get the security agencies to do their job. To stop the effect of the subsidy cabal, get the security agencies to do their jobs.
Anything else is govt failing in its duties in both cases

Parachoko:
Fuel Subsidy is Gone!

You can keep repeating it like a nursery rhyme. It doesn't change reality.

Godszilla:
Leave these guys they are waiting to be told outrightly that subsidy has been restored.

https://punchng.com/subsidy-marketers-demand-transparency-as-ex-depot-cost-exceeds-pump-price/

FG insisting on current petrol price means subsidy is back – Marketers

…say subsidy inevitable to maintain current pump price at N568-N617

Despite announcing the removal of subsidy on petrol and more than 400 per cent subsequent rise in the price, the Federal Government may be secretly paying an unspecified amount to marketers of the product to maintain the current pump price

Busu001:
You are selfish man, what about those unemployed out there, those poor brothers battling with life on a daily basis, striving with the cost of living fuel subsidy removal have brought upon them. Yet because you are employed you couldn't think of anyone else, you are blabbering about wages increase, fuel subsidy removal should be reversed!. Period.

Oga if you are unemployed, you should be trying to find a job or trying to start a business... Except you are incapacitated, you should be trying to do something ...

At least I suggested something, it's better to be selfish than to be stewpidd

Kukutente23:
You can keep repeating it like a nursery rhyme. It doesn't change reality.

List out the name of the marketers receiving subsidy money.

Anybody can write anything they want claiming to get it from a source.

KingsCity:
It doesn't make sense for subsidy and all it's corruption to be restored


What the government needs to do, and they ought to have done that already, is significantly increase salaries of employees and provide other reasonable palliatives (Not N5billion to each state and some trucks of rice!! What would the people do when they finish eating the rice?) to cusshion the effects of the removal.

Same day he announced subsidy removal, he ought to have announced wage increases. If subsidy is being removed and which is going to save the country trillions and benefit the country over the long term, it makes sense that a good chunk of that savings be applied to cushion the immediate harsh effects of the withdrawal immediately and up at least a year......Employees and businesses will eventually adjust but that will take some time...

PMS is not necessarily more expensive in Nigeria than elsewhere but wages & incomes in Nigeria are definitely very poor

Does it mean you lack comprehension or you live outside Nigeria and outside of the realities in Nigeria? You are still here reciting the same brainwashed stanzas put forward by the corrupt government.
Last time I checked, nnpc a government palastetal was the sole importer of fuel, and who's responsible for fuel subsidy. How come no one answered any question but they keep saying they are paying for what is not consumed? If government can't control it's employee, how responsible is that government? Like the author of this article asked, if government can't account for the subsidy money, how sure are you they will account for the the so called saved from subsidy remover?
Our economy is fuel dependant and anything that affect fuel will have a ripple effect on every sector. You talked about increase in salaries, how many people are employed by government? A country where unemployment rate is more than 60% how will that help the economy? Do you expect private sector whose cost of production has increased astronomically because of this reckless government's decision to increase their employees wages?
A government that's ready to remove subsidy must first of all make it's refineries work efficiently. You should be ashamed that Nigeria, one of OPEC top seven in the whole world can't refine her crude oil after more than 50 years of oil discovery.
Again, any government that acts before thinking is only gambling with the citizens. Palliative is not an option, in fact, it's another avenue for corruption. Have you forgotten about COVID-19 palliatives saga already?

Kukutente23:
UGM is not real. What you have is criminals disturbing the populace which the govt has failed to nip in the bud. You're just giving it a name to pin it somewhere. Let me ask you the same question. Who are the members of UGM? What do they want? Can you name them?
I'm sure you'll give the same answers as you have for subsidy cabal.
To stop the effect of UGM, get the security agencies to do their job. To stop the effect of the subsidy cabal, get the security agencies to do their jobs.
Anything else is govt failing in its duties in both cases

So let the FG do their job

If people that do illegal bunkering can build their illegal refinery in two weeks, why can't legal smaller refineries be built here, there, over there and everywhere within short period to stop fuel importation?

Godszilla:
Leave these guys they are waiting to be told outrightly that subsidy has been restored.

https://punchng.com/subsidy-marketers-demand-transparency-as-ex-depot-cost-exceeds-pump-price/

FG insisting on current petrol price means subsidy is back – Marketers

…say subsidy inevitable to maintain current pump price at N568-N617

Despite announcing the removal of subsidy on petrol and more than 400 per cent subsequent rise in the price, the Federal Government may be secretly paying an unspecified amount to marketers of the product to maintain the current pump price

If the APC government is doing that, that's a big mistake.

And it is another means of looterocratic behaviour and widening our bad deficit.

But then again, trust no Nigerian politician

Redhot0007:
If people that do illegal bunkering can build their illegal refinery in two weeks, why can't legal smaller refineries be built here, there, over there and everywhere within short period to stop fuel importation?

You won't want the fuel from an illegal refinery in your car engine. It's a nice way of killing the engine softly

KingsCity:
It doesn't make sense for subsidy and all it's corruption to be restored


What the government needs to do, and they ought to have done that already, is significantly increase salaries of employees.

Same day he announced subsidy removal, he ought to have announced wage increases.

A President cannot just get ut of his bed and announce salary increases. We are not in a military dictatorship. There is a legal process to follow. There's also consultations that have to be made with labour unions, the private sector, and all sorts of calculations that have to be made. They're currently following the process. A Nigerian President is powerful but he has to follow the law and the democratic process.

There is also a legal process to follow to remove subsidy. Buhari followed the process which took several months and was voted by the national assembly. Many people just didn't notice when the process was going on.

Okoroawusa:
So let the FG do their job

Exactly. Instead of hiding under a fictitious subsidy cabal to hide their incompetence

nairalanda1:
If the APC government is doing that, that's a big mistake.

And it is another means of looterocratic behaviour and widening our bad deficit.

But then again, trust no Nigerian politician

It shock am

If one wants a bigger deficit and more issues with debt servicing, bring back subsidy.

Farooq also would complain if we bring in the kind of taxes in America for example to raise funds to pay for subsidy.

Nigerians love their cheap fuel. And I won't be surprised if Apc brings it back. Addictions are hard to break.

Well, talk is talk

Kukutente23:

It shock am

Sorry Angel, but the APC is just as your PDP and LP. Birds of a feather.

I'm not a bird. You are.

Nothing tinubu will do will shock me.

Enjoy your subsidy. Tinubu has answered your prayers.



Lucy will deal with me for this, Angel.

Parachoko:
List out the name of the marketers receiving subsidy money.

Anybody can write anything they want claiming to get it from a source.

Hehehe
See ignoramus.
List out the names of the marketers receiving subsidy money last year
Or was subsidy gone last year
Too many ignoramuses going about the net!

nairalanda1:
Sorry Angel, but the APC is just as your PDP and LP. Birds of a feather.

I'm not a bird. You are.

Nothing tinubu will do will shock me.

Enjoy your subsidy. Tinubu has answered your prayers.



Lucy will deal with me for this, Angel.

Hehehe
APC propagandist forming saint.
Your theory failed spectacularly Tinubu had to rush back to subsidy

nairalanda1:
If one wants a bigger deficit and more issues with debt servicing, bring back subsidy.

Farooq also would complain if we bring in the kind of taxes in America for example to raise funds to pay for subsidy.

Nigerians love their cheap fuel. And I won't be surprised if Apc brings it back. Addictions are hard to break.

Well, talk is talk

America has bigger deficit than Nigeria
That hasn't stopped them from subsidising so many sectors of their economy has it?