₦airaland Forum

Atiku has promise to return fuel subsidy if elected.

Let's explore this option critically.

Fuel subsidy explained

Fuel subsidy means the government paying part of the fuel price for her citizens per litre.

Right now, it cost 1300 naira to buy a litre of fuel at the fuel station. Government will determine how much they want the citizens to pay to reduce their financial weight. The government then pays the balance.

Let's assume the government wants the citizens to pay 600 naira per litre, then the government will pay the balance of 700 naira.

Challenges and prospects

The greatest challenge of paying fuel subsidy isn't the money needed to pay for it but the system that will ensure the payment is corruption free and that the fuel gets to the citizens and not exported outside the country.


Funding fuel subsidy

Funding fuel subsidy will never be a challenge to a prudent government. The Tinubu government sees funding fuel subsidy as a challenge because it is a wasteful government.

A government that sees the comfort of the president and his associates as superior to the comfort of the citizens who elected him to lead them into comfort and better life can never sacrifice a penny to his citizens.

A look at his lifestyle is a proof the man cares only for himself and his family.


Fuel subsidy delivery

The delivery of paid fuel subsidy is easier now than it was years ago with the entrance of Dangote into the fuel business.

Dangote has fuel stations that registered under his cooperation. He can easily be paid the fuel subsidy and deliver directly to Nigerians.

NNPCL or whatever is their new name is a rival to Dangote in the Down stream sector. They have their own customers also. The government can pay them directly and they have the fuel deliver to Nigerian end users.


Blocking corruption

If Dangote and NNPCL are the only players in this game. They will be held accountable if any of their agents is caught transporting fuel outside the country.

Government should go into agreement with them to pay 10 trucks for 1 truck caught trying to transport fuel outside the country and all the players in the know going to prison.

Government should put trustworthy people at the borders of concern who should be changed a fortnight without notice and never to return to that station for at least a year period.

Fuel subsidy return if managed well will be the biggest blessing to Nigerian economy.

Beautifulday:
Atiku has promise to return fuel subsidy if elected.

Let's explore this option critically.

Fuel subsidy explained

Fuel subsidy means the government paying part of the fuel price for her citizens per litre.

Right now, it cost 1300 naira to buy a litre of fuel at the fuel station. Government will determine how much they want the citizens to pay to reduce their financial weight. The government then pays the balance.

Let's assume the government wants the citizens to pay 600 naira per litre, then the government will pay the balance of 700 naira.

Challenges and prospects

The greatest challenge of paying fuel subsidy isn't the money needed to pay for it but the system that will ensure the payment is corruption free and that the fuel gets to the citizens and not exported outside the country.


Funding fuel subsidy

Funding fuel subsidy will never be a challenge to a prudent government. The Tinubu government sees funding fuel subsidy as a challenge because it is a wasteful government.

A government that sees the comfort of the president and his associates as superior to the comfort of the citizens who elected him to lead them into comfort and better life can never sacrifice a penny to his citizens.

A look at his lifestyle is a proof the man cares only for himself and his family.


Fuel subsidy delivery

The delivery of paid fuel subsidy is easier now than it was years ago with the entrance of Dangote into the fuel business.

Dangote has fuel stations that registered under his cooperation. He can easily be paid the fuel subsidy and deliver directly to Nigerians.

NNPCL or whatever is their new name is a rival to Dangote in the Down stream sector. They have their own customers also. The government can pay them directly and they have the fuel deliver to Nigerian end users.


Blocking corruption

If Dangote and NNPCL are the only players in this game. They will be held accountable if any of their agents is caught transporting fuel outside the country.

Government should go into agreement with them to pay 10 trucks for 1 truck caught trying to transport fuel outside the country and all the players in the know going to prison.

Government should put trustworthy people at the borders of concern who should be changed a fortnight without notice and never to return to that station for at least a year period.

Fuel subsidy return if managed well will be the biggest blessing to Nigerian economy.

Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar

AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar

A true federation will entail that every federating unit contributes to the centre and not be a liability to other federating states.

If your state can not pay it's workforce and provide basic public services and amenities without federal intervention, then you don't have a federal system but mere provincial govts .

This is why we keep hammering it on your heads the need to restructure and devolve powers from the centre back to the states.

A true federal system will not see Abia getting 700% from VAT revenue collected and distributed by the Federal govt .

A true federal system will not see Oil producing states being short-changed into collecting only a paltry 13% of oil revenue generated from their states.

A true federal system will see states owning up to their responsibility of providing and maintaining a police force of their own without relying on Federal govt to provide internal policing.

Beautifulday:
Atiku has promise to return fuel subsidy if elected.

Let's explore this option critically.

Fuel subsidy explained

Fuel subsidy means the government paying part of the fuel price for her citizens per litre.

Right now, it cost 1300 naira to buy a litre of fuel at the fuel station. Government will determine how much they want the citizens to pay to reduce their financial weight. The government then pays the balance.

Let's assume the government wants the citizens to pay 600 naira per litre, then the government will pay the balance of 700 naira.

Challenges and prospects

The greatest challenge of paying fuel subsidy isn't the money needed to pay for it but the system that will ensure the payment is corruption free and that the fuel gets to the citizens and not exported outside the country.


Funding fuel subsidy

Funding fuel subsidy will never be a challenge to a prudent government. The Tinubu government sees funding fuel subsidy as a challenge because it is a wasteful government.

A government that sees the comfort of the president and his associates as superior to the comfort of the citizens who elected him to lead them into comfort and better life can never sacrifice a penny to his citizens.

A look at his lifestyle is a proof the man cares only for himself and his family.


Fuel subsidy delivery

The delivery of paid fuel subsidy is easier now than it was years ago with the entrance of Dangote into the fuel business.

Dangote has fuel stations that registered under his cooperation. He can easily be paid the fuel subsidy and deliver directly to Nigerians.

NNPCL or whatever is their new name is a rival to Dangote in the Down stream sector. They have their own customers also. The government can pay them directly and they have the fuel deliver to Nigerian end users.


Blocking corruption

If Dangote and NNPCL are the only players in this game. They will be held accountable if any of their agents is caught transporting fuel outside the country.

Government should go into agreement with them to pay 10 trucks for 1 truck caught trying to transport fuel outside the country and all the players in the know going to prison.

Government should put trustworthy people at the borders of concern who should be changed a fortnight without notice and never to return to that station for at least a year period.

Fuel subsidy return if managed well will be the biggest blessing to Nigerian economy.

Good !! i have being looking for great minds here, i have always believe and share the Perception SUBSIDY is not evil as Tinubu paint it

For subsidy kill corruption not people

i understand nd can easily enroute how subsidy will go with Dangote distribution But Dangote can not supply all our needs, we need marketers to augment can you give a systemic framework of subsidy model that will curb corruption .. thats where i am stranded

Whether the economics of returning subsidy is flawed or not, Atiku is getting a lot of traction from Nigerians.

A lot of people are buying into this returning subsidy idea.

I think a storm is brewing and it might blow Mr. subsidy is gone into oblivion.

chidiokay:
Good !! i have being looking for great minds here, i have always believe and share the Perception SUBSIDY is not evil as Tinubu paint it

For subsidy kill corruption not people

i understand nd can easily enroute how subsidy will go with Dangote distribution But Dangote can not supply all our needs, we need marketers to augment can you give a systemic framework of subsidy model that will curb corruption .. thats where i am stranded

I agree with you. Anyone can accept subsidy payment once he or she accepts the penalty of moving the product outside the country.

The penalty should be made easily enforceable.

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

Even if all the whole money in Nigeria is given to governors, it will not change the economy of the nation.

The economy of a nation is in the hand of the president. He makes policies and drives those policies.

Governors are just complimentary

AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar

You think you will understand what you put up there?

Subsidy is not bad.

Atiku has said he’ll introduce it at the manufacturing level. I’ll support that. I’ve never been against subsidy.

Fight the corruption in it, don’t punish all Nigerians for it.

Sheuns:
Subsidy is not bad.

Atiku has said he’ll introduce it at the manufacturing level. I’ll support that. I’ve never been against subsidy.

Fight the corruption in it, don’t punish all Nigerians for it.

But Tinubu believes you must endure suffering and keep your hopelessness alive.

You have no other country

The subsidy is gone crook have proven to economically sound people that this scam is only channeled to feather the nest of the rich. Imagine govt being fetted with unimaginable allocations to loot @the expense of milking the masses who get poorer and poorer?

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

We now have what opposition will do differently like many data boys always ask
The money he is giving to governors is irrelevant to us.He is giving them to loot as majority are apc governors and to use some to rig election as was seen in osun election. The people collected the money and rejected them..lol.The north will vote Atiku massively for this smart move

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

Imagine going to ask apc governors what they are doing with thr loot.They will reply, what is the baron doing with his own share as head of corruption and criminality
They will laugh and sing on his mandate they will quench which is all that is needed from them..lol

Streetinvestor2:
Imagine going to ask apc governors what they are doing with thr loot.They will reply, what is the baron doing with his own share as head of corruption and criminality
They will laugh and sing on his mandate they will quench which is all that is needed from them..lol

As if the people who managed to call out their governor's excesses weren't arrested previously.

AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar

There is no how FG can get to the citizens without State and local government Nigeria is not a unitary state

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

So, what exactly did the Tinubu federal government do with its share of the N15.8 trillion they claimed was supposedly saved from subsidy removal or is that another state secret Nigerians are expected to fund but never question?

That's why Atiku can never be elected as his reasoning was backward

Beautifulday:
Atiku has promise to return fuel subsidy if elected.

Let's explore this option critically.

Fuel subsidy explained

Fuel subsidy means the government paying part of the fuel price for her citizens per litre.

Right now, it cost 1300 naira to buy a litre of fuel at the fuel station. Government will determine how much they want the citizens to pay to reduce their financial weight. The government then pays the balance.

Let's assume the government wants the citizens to pay 600 naira per litre, then the government will pay the balance of 700 naira.

Challenges and prospects

The greatest challenge of paying fuel subsidy isn't the money needed to pay for it but the system that will ensure the payment is corruption free and that the fuel gets to the citizens and not exported outside the country.


Funding fuel subsidy

Funding fuel subsidy will never be a challenge to a prudent government. The Tinubu government sees funding fuel subsidy as a challenge because it is a wasteful government.

A government that sees the comfort of the president and his associates as superior to the comfort of the citizens who elected him to lead them into comfort and better life can never sacrifice a penny to his citizens.

A look at his lifestyle is a proof the man cares only for himself and his family.


Fuel subsidy delivery

The delivery of paid fuel subsidy is easier now than it was years ago with the entrance of Dangote into the fuel business.

Dangote has fuel stations that registered under his cooperation. He can easily be paid the fuel subsidy and deliver directly to Nigerians.

NNPCL or whatever is their new name is a rival to Dangote in the Down stream sector. They have their own customers also. The government can pay them directly and they have the fuel deliver to Nigerian end users.


Blocking corruption

If Dangote and NNPCL are the only players in this game. They will be held accountable if any of their agents is caught transporting fuel outside the country.

Government should go into agreement with them to pay 10 trucks for 1 truck caught trying to transport fuel outside the country and all the players in the know going to prison.

Government should put trustworthy people at the borders of concern who should be changed a fortnight without notice and never to return to that station for at least a year period.

Fuel subsidy return if managed well will be the biggest blessing to Nigerian economy.

Look at your analysis like those of a blacksmith. Nothing to say.
That's how all of you conspired to force Yaradua to reverse the sales of the Refineries, 16years after we are still suffering.

Sheuns:
Subsidy is not bad.

Atiku has said he’ll introduce it at the manufacturing level. I’ll support that. I’ve never been against subsidy.

Fight the corruption in it, don’t punish all Nigerians for it.

The corruption is part and parcel of the subsidy regime. Bring it back and see disinvestment in the petroleum sector.
The profiteers, the smugglers, all of them will move in once again and then it's back to square one.
A part of me wants to be see this if only to say we told you so.

Guestlander:
The corruption is part and parcel of the subsidy regime. Bring it back and see disinvestment in the petroleum sector.
The profiteers, the smugglers, all of them will move in once again and then it's back to square one.
A part of me wants to be see this if only to say we told you so.

Aren’t there corruption in the sharing system Tinubu is doing with the “subsidy savings”?

Face the problem which is corruption and don’t fo the easy way out; suffering the people.

Lifestone:
Look at your analysis like those of a blacksmith. Nothing to say.
That's how all of you conspired to force Yaradua to reverse the sales of the Refineries, 16years after we are still suffering.

You have nothing to say because you don't have what it takes to analyse something

AMINDA:
"You do not build a federation by impoverishing citizens so that Abuja can send bigger cheques to governors. That is robbing households to subsidise governments."

- Alhaji Atiku Abubakar

Gbammmest

We have known Atiku plan on fuel subsidy.What is his plan on the floating of naira?

What is Peter OBI plan on the two


I like the way Nigerian presidential campaign is now issue based Sound more American.God Bless Tinubu for his boldness!

Basic123:
We have known Atiku plan on fuel subsidy.What is his plan on the floating of naira?

What is Peter OBI plan on the two


I like the way Nigerian presidential campaign is now issue based Sound more American.God Bless Tinubu for his boldness!

Tell us Tinubu's plan

We have so many ignorant people in Nigeria.

How can you come to their market and no buys to buy your goods. Which type of economic policy is that?

FSBoperator:
Go and ask your governor what he is doing with their share of the money saved from removal of subsidy.

So FG should be giving your moriboumd and corrupt states money monthly and still come and be subsidizing fuel for you.

Is it federal government or state government that determines the direction of the economy?

Beautifulday:
Is it federal government or state government that determines the direction of the economy?

Is it FG that will provide social intervention that you are asking for or your thieving governors ?

FSBoperator:
Is it FG that will provide social intervention that you are asking for or your thieving governors ?

It's the responsibility of a president in all nations of the world to strengthen the economy of his nation.

It was the most insensitive thing for anyone to do even an slowpoke would never had declared subsidy gone before assuming office.

FSBoperator:
Is it FG that will provide social intervention that you are asking for or your thieving governors ?

You've been on every subsidy thread defending and writing essays against the return of fuel subsidy by Atiku.

It's Wonderful that you may be another Yarimo or charlesCNG that goes around looking for subsidy thread to devour. You see, those days demons possess men but these days it's men that possesses demons. The aso rock financial terrorist is worse. He lives punish ordinary Nigerians and enrich those he considers humans.

You people should go and sleep because subsidy is already back on the block. You can help your first lady the jezebel of our time to fry akara and moi moi or you can keep collecting your 50k intervention fund or maybe they can slot your name as a ghost student into NELFUND payroll. The choice is yours, but as for ordinary Nigerians who love prosperity, we will see businesses thrive again, a vibrant and viable economy without IMF dictates, we will see lovers of hope enjoy the blessings of our natural resources not curse the financial terrorist plagues this nation with.

May God bless a new Nigeria!

Beautifulday:
It's the responsibility of a president in all nations of the world to strengthen the economy of his nation.

It was the most insensitive thing for anyone to do even an slowpoke would never had declared subsidy gone before assuming office.

A lazy person’s excuse, be waiting for the president to come & rescue u in that your hamlet.

No wonder u do not possess anything tangible real in your motherland.