₦airaland Forum

PassingShot:
All these nonsense will soon be over.

PMB cannot just announce a discontinuation by fiat. It requires careful study of the situation to take a decision.

Within a month or two, subsidy must end.

dunkem21:
When will the subsidy be discovered to be a scam? The people that called it a scam and insisted that the pump price be reversed to N67 are paying higher subsidies today than the people that acknowledged it.

..and to think Nigerians went to the street to protest ..

shortgun:
What was your valid reason for protesting against subsidy removal in 2012?

989900:
Posting this for the umpteenth time . . . have at it:

We were against it because;

1. We can't fathom how subsidy payments that never exceeded N200-N300b naira for the past years would suddenly leap to N1.3t (roughly 400-500% increase) within the first year thereabout of President GEJ -- we were shocked. #fraud.

2. We also could not fathom how any half-sane man could be drilling oil in his backyard, with 4 refineries in his backyard (with land and space to build more, and 18 licences issued already to build more), but still imports finished petroleum products. (OBJ and GEJ=culprits).

3. To the common Nigerian man, the only 'direct' benefit he gets from the government is, the so called 'subsidized fuel', which we later discovered to be a farce after all . . . so when you are going to take those extra litres/miles from him, or make him pay extra to get them, he has no choice than to revolt/demonstrate/remonstrate.

4. Unless you are among the 1% of the 1%, every other person on the street knows fuel scarcity goes along with insane inflation.

5. You ask him to make sacrifices while the president feeds on N3m/day and has 10 aircrafts in his fleet, his senators get paid more than their counterparts in the richest country on earth. Yet, they find it hard to pay same minimum wage paid in the poorest countries on earth!
How can we trust people of that ilk?

6. ATEOTD, subsidy was partially removed with promises of palliatives, and prosecution of the defrauders aka 'cabals', what did we get?Nothing, bar further fraud and corruption; from bribery scandals up to the speaker of the house (Cabal Otedola, well played) to mismanagement of the said saved funds from subsidy payments.

How can you trust such people?!!
Same people from the NNPC to the Petroleum ministry, to the CBN, to the Finance ministry, Budgets, both houses, up to the presidency that have no reliable database of how much oil is being drilled/sold per day, nor how much NNPC refines locally, nor how much we do consume/day.

Rapmoney:
We are going to discover soon that APC and BullHarry are all scam!!! I pity some folks shouting 'change'

Aitee1:
Beauriful morning to you and a happy birthday!

shortgun:
All you have written above are reasons why we needed to do away with subsidy.

I ask you again: why did you protest against the removal of fuel subsidy in 2012?

Lemon12:
And our president is busy listening to music with Dj headphone in Niger. ... Smh

efilefun:
Those missing GEJ can go meet him in otuoke where MAMA piss is already causing havoc... PMB cant rush into a delicate decision when the nation is just recovering from the shit GEJ left behind... moreover change cannot happen over night, its a gradual process. when its all done we all gonna be proud to call Nigeria our home.

ionsman:
This subsidy issue will soon be discovered to be a scam. ...It will definitely be discontinued at the appropriate time....


You miss Gej for increasing Subsidy fee from 300 billion to 1.3 trillion? Well done o

oduastates:
A totally working system has been corrupted by GEJ and his cronies.
I am afraid, it is actually cheaper to get rid of the subsidy than to try to repair it

bushdoc9919:
Yes....and let us also be grateful to your great hero GEJ who did not repair our refineries...and who kept our economy so oil dependent that now we do not have the cash to pay for any subsidy.

And also, thank him too for forgetting to clean up the NNPC....yes we know the NNPC's corruption did not start with him...but it continued under him.

And thank him too for doing nothing about the looting /stealing of fuel.

And it is still one week.....Johnny Goode had no ideas on how to deal with our fuel issue after 5 years.

At least under Baba One Chance(when he ran NNPC)...we had investment in new refineries, and a pipeline system..AND NO FUEL SCARCITY.

ionsman:
This subsidy issue will soon be discovered to be a scam. ...It will definitely be discontinued at the appropriate time....


You miss Gej for increasing Subsidy fee from 300 billion to 1.3 trillion? Well done o

Kenobus:
Those people pretending that there is no subsidy should discount and discredit this report. GMB and Apc must be told to do something quick before the situation get worse. GMB is acting as if nothing is happening; instead of him to give direction. Afterall the Ministry of petroleum is there.
The shame of our past mistake is what is preventing Nigerians from actions so far and equally giving the new Government some time to settle. However, the suffering is getting worse by the day. Thank God that some major marketers are selling at N87; while many are selling at N120.
I expect Prof Tam David-West to prove this report wrong.

Lemon12:
And our president is busy listening to music with Dj headphone in Niger. ... Smh

emamos:
Some nairalander deserve to be gunned down

efilefun:
Those missing GEJ can go meet him in otuoke where MAMA piss is already causing havoc... PMB cant rush into a delicate decision when the nation is just recovering from the shit GEJ left behind... moreover change cannot happen over night, its a gradual process. when its all done we all gonna be proud to call Nigeria our home.

preciousMI1: