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Nairaland Forum / Nairaland / General / Politics / Petrol Scarcity Worsens Nationwide (20386 Views)
Buhari Orders DSS, EFCC, Customs, Others To End Petrol Scarcity / Fuel Scarcity Worsens, Abuja Black Marketers Sell For ₦350/Litre / Fuel Scarcity Worsens As NNPC Fails On Demands, Promises (2) (3) (4)
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Re: Petrol Scarcity Worsens Nationwide by drmikeadams(m): 3:22pm On Apr 29 |
Bobloco: They are not enemies,they are just useless idiots 1 Like |
Re: Petrol Scarcity Worsens Nationwide by Krankhead: 3:37pm On Apr 29 |
AdamuKD:You can cry from now till Jesus come. Your Obi is a condemn cargo. He will never smell Aso rock. 1 Like 1 Share |
Re: Petrol Scarcity Worsens Nationwide by Donsheddy: 3:39pm On Apr 29 |
CodeTemplar: And what was our purchasing power then... What was the minimum wage 1 Like |
Re: Petrol Scarcity Worsens Nationwide by slytubadth(m): 3:39pm On Apr 29 |
Make una enter street protest. |
Re: Petrol Scarcity Worsens Nationwide by specialmati(m): 3:41pm On Apr 29 |
DatNiggaDaz:helinius is a programmed robot not human being with brain 2 Likes
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Re: Petrol Scarcity Worsens Nationwide by abdsamad(m): 3:45pm On Apr 29 |
nairalanda1: You're right but talking about that in isolation as though the people simply want to enjoy free things is misleading. You can't pay a person a tenth of their salary, demand a 100% of their work, and still expect them not to complain. Either pay the man 100% what he's earned for 100% of his work or cheat him to the tune of 90‰ and accept his 90% reduced output. Poor Nigerians are not poor because they're lazy, they're poor cos the bastards keep looting their income. 4 Likes 1 Share |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 3:50pm On Apr 29 |
abdsamad: Well, corruptuon is a big problem, and we got to hold people to account. But the problem is, we cannot expect manufacturers, producers and tradespeople to sell below the cost of production to help the poor. As you can see, doing so has not worked at all, and has made things worse in the petroleum and power sector. It's caused chronic losses, poor productivity, wrekced many refineries, and reduced power generation. NO profit, wahala dey. Meanwhile, OBJ let the GSM people charge expensively from the word go. People were saying that government does not want poor people to own phones. Obe Ess of the guardian even produced a editorial cartoon where MTN was called the bitter connection and econet was inspired to shortchange people's wallet. But because the people doing GSM could set their prices, they could make profit, and attract investment, from within and without...and could pay for expanding their network. Add improvements in technology, and today a lot of poor people own phones. IN 1986, such a thing would have been impossible even for the middle nigerian class. Sadly people want to be paid. Unless you want a government like the DPRK and the old USSR where government dictates your price and makes you live a 'spartan life' so that eveyrone is equal... |
Re: Petrol Scarcity Worsens Nationwide by Jostoman: 3:55pm On Apr 29 |
sanpipita:i said it last week when they announce that baba is traveling to Netherland i said hope they did not plan anything down before they travel. Once you hear fuel scarcity in APC government just know that they want to increase fuel price. They have been using this tactics since buhari time. |
Re: Petrol Scarcity Worsens Nationwide by Tombrown3(m): 3:58pm On Apr 29 |
nedu666: Exactly, they will peg it at 700, after dangote and river refinary. Then we'll all praise the government for intervening. This country eenh 1 Like |
Re: Petrol Scarcity Worsens Nationwide by karkinase(m): 3:58pm On Apr 29 |
nairalanda1:Okay good we actually towing the same line.. I want a free market too just like the GSM of early 2000s that will usher in investors.. remember we run a democratic system where vast of the electorate no longer trust the government due to years of corruption. We’ve the civil societies Labour group and opposition parties ready to hijack the country if the masses sufferings become unbearable. I think bulk of the work lies on the government now.. tell the citizens your plan shun corruption and maintain a lean government with less spendings on frivolities and more on capital projects. |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:01pm On Apr 29 |
karkinase: Even if we do all that...and we must fight corruption and maintain a lean government, it is not going to cause enough money to be generated for subsides What is spent in Aso Rock for one year is ...ie the budget for presidency...200bn naira. Subsidy costs for this year may pass N10 trillion. The problem is, if we want subsides that work, without getting us into debt (Buhari maintained subsides by getting us into more and more debt especially via ways and means)...we got to have a diversifed economy. And the only way we can do that is by removing subsides on power and petrol so that they make enough profit to work properly.... God knows I wish there was another way. 1 Like |
Re: Petrol Scarcity Worsens Nationwide by CodeTemplar: 4:01pm On Apr 29 |
Donsheddy:better in terms of dollar or pound equivalent. |
Re: Petrol Scarcity Worsens Nationwide by obumsway(m): 4:02pm On Apr 29 |
The cost in Zaria, Kaduna today ..... Make Government just shoot everybody Kenan !!!
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Re: Petrol Scarcity Worsens Nationwide by zionstaar75: 4:04pm On Apr 29 |
NeckingNgulping:why should anyone listen to a stupid person like you. The first sensible question is how much did this marketers buy the fuel they want to sell at such exorbitant prices |
Re: Petrol Scarcity Worsens Nationwide by CodeTemplar: 4:05pm On Apr 29 |
nairalanda1:stop telling demonic lies. Subsidy hasn't crippled china or USA. 3 Likes |
Re: Petrol Scarcity Worsens Nationwide by Tombrown3(m): 4:05pm On Apr 29 |
nairalanda1: Keep deceiving yourself, Nepa that was privatized, what happened. We don't even have light again. Until you guys stop praising your oppressors they'll alway rip you guys off. I'm off this useless country! 3 Likes |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:07pm On Apr 29 |
CodeTemplar:. Well, I believe that Lucy ain't got much on me tho. Subsidy hasn't crippled china or USA. Who are both industrial nations with huge revenues from industrial exports, and have good tax to gdp ratios with much higher gdps, meaning they have the cash for subsides, which aren't consumption based, except for the poor ,,the very poor (means testing in place). At least the refinereis can make a profit. Ours could not. |
Re: Petrol Scarcity Worsens Nationwide by zionstaar75: 4:08pm On Apr 29 |
AdamuKD:if your life is productive u won't spend your Monday waiting on nairaland |
Re: Petrol Scarcity Worsens Nationwide by Kukutenla: 4:09pm On Apr 29 |
nairalanda1:Why has free markets not brought down the price of fuel in Ghana and Niger republic? Why has more investments and jobs not flown into those countries? Last I checked, Niger still has a single refinery with a capacity not even close to that of Dangote. You people run to gsm whenever you want to make case for free market but run away from diesel and kerosene that have been deregulated since 2011 yet no investment or jobs in that sector. How com? Tell us about that too 4 Likes 1 Share |
Re: Petrol Scarcity Worsens Nationwide by CodeTemplar: 4:09pm On Apr 29 |
nairalanda1:we too have crude to fill the tax and income gap. 1 Like |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:11pm On Apr 29 |
Tombrown3: Because the government retained the right to control their prices/set prices for them. As at now, the discos need to charge consumers N184 to make a profit. Only about 20% of consumers are charged at that level. The remainder 80% pay far below N100...meaning discos lose money...and that has knock on effects for the gencos, and the tcn...no money to do much. You won't let government set your prices if you were a businessman? Until you guys stop praising your oppressors they'll alway rip you guys off. Well, allowing the free market to operate has a tendency to bring in investment, which creates more jobs for....the poor and oppressed.
Have a safe trip. There they charge tarrifs for power that make them profits. Lots of profit...which is why they have 24 hour light...but you would pay in one month for power what would last you for 4-5 months in nigeria. |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:13pm On Apr 29 |
CodeTemplar: That's the issue, it isn't enough. (It has never been enough). Just for the jols, we produce slightly more crude than LIbya. We also have 20 times the populaiton of Libya...which is why LIbya can enjoy subsides while we cannot If you want to blast the government, the fact is , the government has not diversifed our economy. Big nations like Nigeria need to rely on their brainpower to survive, not oyel. |
Re: Petrol Scarcity Worsens Nationwide by Bizibi(m): 4:14pm On Apr 29 |
Nnpc!!! Make dangote start supplying pms..... |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:16pm On Apr 29 |
Kukutenla: Inflation and rising cost of living, made worse by the fact that they are resource dependent nations, and therefore mostly poor.? Why has more investments and jobs not flown into those countries? Last I checked, Niger still has a single refinery with a capacity not even close to that of Dangote. Because their crude oil production is not high enough...and again, resource dependency. Changing to industrial from resource dependency is a long hard road. Most african countries avoid it for many reasons... You people run to gsm whenever you want to make case for free market but run away from diesel and kerosene that have been deregulated since 2011 yet no investment or jobs in that sector. How com? Tell us about that too Meanwhile petrol has not been deregulated, meaning anyone refining crude in Nigeria is still going to lose money on refining petrol, which would impact any earnings from diesel and so forth. That's the koko. |
Re: Petrol Scarcity Worsens Nationwide by CodeTemplar: 4:29pm On Apr 29 |
nairalanda1:...but can subsidize pilgrims, pay leaders more than America and china, and permit corruption. 1 Like |
Re: Petrol Scarcity Worsens Nationwide by DatNiggaDaz: 4:31pm On Apr 29 |
specialmati:For real bro for real |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:35pm On Apr 29 |
CodeTemplar: Which is where holding leaders to account comes in The pilgrimage one, in particular, is wrong. But most NIgerians want it, and even christians agitated for their own and got it. Here we are. Also, disagreeing with you does not mean I support the corruption of this government. As I have said here times without number, we have to hold our government responsible. And corruptiuon is a bad thing, and the reason why it flourshes is because we are a resource dependent nation. Removing subsides and allowing the power sector work with profits , meaning we become more indiustrial and attract investment is a way of stopping corruption or reducing it...because if our economy is investment and industrial based, corruption threatens its survival....and thus it can't be tolerated (That's how the chinese do it). |
Re: Petrol Scarcity Worsens Nationwide by Kukutenla: 4:35pm On Apr 29 |
nairalanda1:Must you tell lies? Even during afcon, Cote D'Ivoire had power outage 1 Like
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Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:37pm On Apr 29 |
Kukutenla: And that was an oddity. And they have better power access than Nigeria does. Calm down, old man. |
Re: Petrol Scarcity Worsens Nationwide by Kukutenla: 4:45pm On Apr 29 |
nairalanda1:Oddity?? And what do you mean by pwr access? Does Ivory Coast have more population and land mass than Nigeria? Do they have a more robust power mix? 1 Like
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Re: Petrol Scarcity Worsens Nationwide by NeckingNgulping(m): 4:47pm On Apr 29 |
zionstaar75: I can't take the comments of someone with big squinted eyes serious. Ugly fool. |
Re: Petrol Scarcity Worsens Nationwide by nairalanda1(m): 4:49pm On Apr 29 |
Kukutenla: Oga, I'm not having any more discussion with you. You have won for today. As for me, things cost money. If we want good power supply, we have to charge cost reflective tarrifs We can agree to disagree here. Good evening. If you like, keep on being abusive. That is why I don't like discussing with you. Modified One more thing....it does not matter at the end what happens in other countries....NIgerian power sector needs to be run profitably to supply us with power 24/7. If it means high tarrif, so be it. You can yell at me and call me liar, but this one is true. The experts even say it Toodles. |
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