₦airaland Forum

What is the difference between Short fall financing and Subsidy?

NNPCL told us they are not paying subsidy again, but only selling at half price as direct by government and they are financing the short fall.

iwaeda:
What is the difference between Short fall financing and Subsidy?

NNPCL told us they are not paying subsidy again, but only selling at half price as direct by government and they are financing the short fall.

Lol.
Na same same

The difference between nyash and buttocks
Six and half a dozen

it is not the same thing, under subsidy prices are fixed

crestedaguiyi:
it is not the same thing, under subsidy prices are fixed

The difference is GRAMMAR

When thieves wants to deceive you, they use grammar to first confuse you,.

watch how ronu miscreants will come up with their confused incoherent defense logic, people like helinues and LegendHero will never speak out, because they are ok with 30k allowance, if you talk now he will start calling his mod brother who is a pathetic tribalist

ruggedboych:
watch how ronu miscreants will come up with their confused incoherent defense logic, people like helinues will never speak out, because they are ok with 30k allowance, if you talk now he will start calling his mod brother who is a pathetic tribalist

my gee free that fool, stop giving him attention, this guy is a waste, why waste your precious time on a wasted soul. oga abeg free him

ALCOHOLKILLS:
my gee free that fool, stop giving him attention, this guy is a waste, why waste your precious time on a wasted soul. oga abeg free him

The difference is very clear

Nigeria, we hail.

iwaeda:
What is the difference between Short fall financing and Subsidy?

NNPCL told us they are not paying subsidy again, but only selling at half price as direct by government and they are financing the short fall.

It is just a change of name to run away from the shame of announcing "subsidy is gone" during the inauguration of this evil government.

I have never seen a government so shameless and confused to think everyone is daft in this country.

The unavoidable bloody protest that will consume us all will not be announced, if this government keeps taking Nigerians for fool it will surely happen and it won't be announced or have a date for security forces to prepare.

Tinubu should continue playing with fire...e go touch him family too.

Nigeria is the only broke country in the world that borrows money to buy a presidential jet, how useless is that?,

The truth of the matter is that there IS NO DIFFERENCE.

NNPC Is importing fuel above N1000 per liter and selling it at N580-700 offically.

That means for every liter of fuel NNPC sells, they lose at least N300 .

If they did not get paid a shortfall by government...which is REALLY a subsidy, they would have long since collapsed.

That is why PETROL should BE SOLD AT A PROFIT....SO THAT ALL THIS FUNNY ACCOUNTING would end.

Sell petrol at N1500 Or more per liter, and there would be none of this shortfall things. Maybe we might even get refineries profitable again.


But apparently, saying you must sell things at a profit means you are a liar. If that is the case, most Nigerians in business are liars.

And supporting the idea of things being sold at a profit means you are an APC supporter apparently.

Too many people on this site have funny reasoning...all the issues we have with subsidy start with petrol being SOLD AT A LOSS.



(If you like, you are free to abuse me, lol)

Agbado Master is right for Agbadorians Minions

Well, subsidy is stolen by both private and government officials while shortfall is stolen by the government only

It's the same difference between 6 and half a dozen...!

I have always known they were still subsidising the damn thing.

There is as far as lying can take one... A house built on lies will never stand the test of time.


Tinubu is gambling and praying for a MIRACLE!

Lol

It's the difference between hook-up & prostitution

It's crazy. If only there was an agreement to 'chop' statistics, they would have seen the high literacy rate amongst Nigerians and actually rate our sense of discernment.

What kind of stupid take is this?

He had sex with me but didn’t cum inside

iwaeda:
What is the difference between Short fall financing and Subsidy?

NNPCL told us they are not paying subsidy again, but only selling at half price as direct by government and they are financing the short fall.

Semantics….It is still subsidy. The only difference is 1) no middle men with subsidy claims 2) the subsidy is deducted at source (NNPC) before it gets to the FG to get around budget appropriation.

NNPC is just a confused entity. Tinubu claimed he removed subsidy, wrecked the economy only ro go back and be paying more subsidy after wrecking the economy.

Ogun fire All of una.

The Petrol Subsidy as we had it before was settled to each marketer/importer/retailer, where each marketer/importer will have to file subsidy returns to the government, and they get paid given the margin between the total landing cost (Could differ around the country) and the total revenue (official price x units sold).

The shortfall financing in this case is just NNPC selling their fuel at a reduced price and as well financing the margin as stated above.

Guess the salient difference here is that NNPC is the only marketer that can file returns to the government, which I think was the objective to start with. A lot of retailers under the subsidy regime will usually ship their products out to other countries to sell more fuel, and claim more subsidies.

Doesn’t feel like the subsidy removal was well thought out and planned anyway, we’ve got kinda like a single importer, and there’s bound to be a lot of bottleneck and throttling(Every retailer will have to buy from NNPC, if they are going to have a competitive price) hence the scarcity we have now, but I guess they can monitor the supply chain better now.

Masturbated=you came
Had sex=you came

The same thing...

Give dangote crude oil let him refine here and sell to us forget landing cost.... Shey we dey mad for dis country ni

Felt explains it perfectly


https://www.youtube.com/watch?v=02V34E16zBw

what is the difference between Stealing and corruption - Jonathan

Some useful idiot$ will still defend this...


Especially that one that distributes free madness

Tinubu, thank you so much for destroying Nigeria and the future generation.

Hmmm

If u know no, na u sabi.. 😄😄😄
The difference between 2+1 and 3...