₦airaland Forum

At the heart of the shortage has been a row over the payment to wholesalers of the difference between the subsidised pump price and the international market price.

The wholesalers say they were waiting for a $1bn payout from the government before they released more fuel.

But now the marketers association has told its members to start transporting fuel from the depots in the commercial capital, Lagos, and fuel stations have been instructed to reopen, Mr Fasali told the BBC Hausa Service.

A committee will now be set up to verify the $1bn figure and then pay the outstanding money. The government has not yet confirmed the details.

It appears the fuel importers and marketers who operate a multi-billion dollar scam have blackmailed the government into agreeing to one more payout as they are not sure how much longer the fuel subsidy racket will go on.

The details of the payout are not clear.

Over the last few weeks, they literally shut down the nation saying they were owed $1bn in arrears, but no-one has yet seen how that figure is worked out.

Many government officials, including employees of the state fuel company, are so intertwined in the fraud it is hard to know who is scamming who.

Source: http://www.bbc.co.uk/news/world-africa-32876737

lf we listened to GEJ and allowed fuel subsidy to be removed this mess would have nevet happened

GEJ purpose left us in this bad condition simply becasue he has not less than 3days to vacate the seat for CHANGE

Ezenwammadu:
lf we listened to GEJ and allowed fuel subsidy to be removed this mess would have nevet happened

gbam

Na Buhari and tinubu people
Thank God for ibo man
Ubah who came to our rescue

Who are these marketers again? The first sets of people that took pictures with Buhari, after his election. Looking for $1B , maybe they thought it was cocoa and groundnut money.

We messd up real bad in this country... it's like having a cassava plantation,selling cassava to the garri makers @ 100naira/kilo and buying back the garri @ 200naira/kilo,whereas I can afford a garri processing machine of my own.... what kind of brain does the presido carry sef? I'm fuckin tayad

GEJ is just clueless subsidy does not start today we are just hearing all this because he has used most of the available cash for election so he doesn't want to finish off the remaining little cash to avoid being prosecuted

God please help us out of this situation

Ezenwammadu:
lf we listened to GEJ and allowed fuel subsidy to be removed this mess would have nevet happened

One is tired of reading and hearing this line of argument. Jonathan just wanted to remove subsidy while leaving the importing cabal intact to exploit Nigerians. What is required is outright deregulation where anyone who can afford it could import petroleum products of approved quality or build refineries so there would be fair market determined prices.

bettercreature:
GEJ is just clueless subsidy did not start today we are just hearing all this because he has used most of the available cash for election so he doesn't want to finish off the remaining little cash to avoid being prosecuted

You have no brain.

Fuel subsidy will be scrapped and you will do nothing.

Even your governors have since called for its scrapping.

BackDatAssUp:
You have no brain.

Fuel subsidy will be scrapped and you will do nothing.

Even your governors have since called for its scrapping.

You need brain surgery,I do support subsidy removal but why the fuse about it now after GEJ lost election?GEJ must be prosecuted! Where is our money

bettercreature:
You need brain surgery,I do support subsidy removal but why the fuse about it now after GEJ lost election?GEJ must be prosecuted! Where is our money

which money

bettercreature:
You need brain surgery,I do support subsidy removal but why the fuse about it now after GEJ lost election?GEJ must be prosecuted! Where is our money

Which "our money"?

atlwireles:
which money

Our oyel money!

atlwireles:
which money

..him money loss?

bettercreature:
Our oyel money!

you better start planting cocoa and ground.

atlwireles:
you better start planting cocoa and ground.

Which kain Cocoa be that one,as Orubebe said,you guys should go back to fishing

bettercreature:
Which kain Cocoa be that one,as Orubebe said,you guys should go back to fishing

That's fine, some of us, never left the farm and the creeks. Orubebe will be most welcome to Burutu waterside. Still it will not stop you from planting cocoa and groundnut.

Ezenwammadu:
lf we listened to GEJ and allowed fuel subsidy to be removed this mess would have nevet happened

Still whining about listening to GEJ. What was the effect of the partial subsidy removal? GEJ scammed Nigeria, he promised to build new refineries and repair old ones, that didn't happen, these cabals will rip Nigeria to shreds if subsidy were to be removed under this outgoing government because GEJ is a toothless president and all they have to do is simply gang up and hoard the product and make it expensive. GEJ won't get that heroic name you want to give him through the backdoor, he finished this country

atlwireles:
That's fine, some of us, never left the farm and the creeks. Orubebe will be most welcome to Brutu waterside.

You guys are not intelligent enough,that's why you are stuck with Nigeria and PDP and now we have successfully maginalized you,your oyel money would be use to develop South Western and the North,we are going to free you guys when there is no more oyel

bettercreature:
Which kain Cocoa be that one,as Orubebe said,you guys should go back to fishing

Change is truly here to stay.

Get ready for an end to fuel subsidy. It will prepare you for a life without free oil money and help your return back to farming cash crops because whether you like it or not this country is heading for breakup.

Enjoy your Caliphate.

bettercreature:
You guys are not intelligent enough,that's why you are stuck with Nigeria and PDP and now we have successfully maginalized you,your oyel money would be use to develop South Western and the North,we are going to free you guys when there is no lore oyel

You really need to start planting cocoa.

bettercreature:
You guys are not intelligent enough,that's why you are stuck with Nigeria and PDP and now we have successfully maginalized you,your oyel money would be use to develop South Western and the North,we are going to free you guys when there is no lore oyel

Are you still talking of cocoa and groundnut

BackDatAssUp:
Change is truly here to stay.

Get ready for an end to fuel subsidy. It will prepare you for a life without free oil money and help your return back to farming cash crops because whether you like it or not this country is heading for breakup.

Enjoy your Caliphate.

As I said you guys are not intelligent enough to start a successfull independent movement,you are going to end up like a fowl Inside a cooking pot

bettercreature:
As I said you guys are not intelligent enough to start a successfull independent movement,you are going to end of like a fowl Inside a cooking pot

Coming from a citizen of Gbese Land who happen to be the only people in Nigeria NOT to have agitated for independence.

Even the north was the first region to raise a secessionist plan prior to independence. The South South also followed by Biafra.

We know who the parasitic cowards are and it is you guys..

This is why you had no pre colonial opposition figures.

You are born slaves.

atlwireles:
Are you still talking of cocoa and groundnut

as Oyegun said GMB is going to spend 4.1 trillion of your oyel money from May 29th through December 31 so you guys should go back to fishing

bettercreature:
as Oyegun said GMB is going to spend 4.1 trillion of your oyel money from May 29th through December 31 so you guys should go back to fishing

Alamjiri always making noise, cocoa and groundnut farm dey call you.

BackDatAssUp:
Coming from a citizen of Gbese Land who happen to be the only people in Nigeria NOT to have agitated for independence.

Even the north was the first region to raise a secessionist plan prior to independence. The South South also followed by Biafra.

We know who the parasitic cowards are and it is you guys..

This is why you had no pre colonial opposition figures.

You are born slaves.

when are you guys going to understand you Igbos are inferior to us,I can't understand why you are always jealous of our success,we have the best state in Lagos,best media,you are just A mere minority and you guys should live with that

Ezenwammadu:
lf we listened to GEJ and allowed fuel subsidy to be removed this mess would have nevet happened

true,very true!

bettercreature:
as Oyegun said GMB is going to spend 4.1 trillion of your oyel money from May 29th through December 31 so you guys should go back to fishing

Hunger wey go wire that your belle don dey do press up.

Go and start planting ASAP!

bettercreature:
when are you guys to understand you Igbos are inferior to us,I can't understand why you are always jealous of our success,we have the best state in Lagos,best media,you are just A mere minority and you guys should live with that

I can see how you built lagos from scratch with cocoa