lie

I can remember during campaign of some people saying nothing like fuel subsidy, now they are increasing it.

Subsidy should be removed and the money diverted to something more productive. 95 Naira is not that much. We cannot be spoonfed all in the name of making the economy better. The masses may feel it at first, but then again, we'll get used to it. The subsidy thing coming back is a very bad move. An avenue to put resources to waste.

Where is Wole Soyinka, Tunde Bakare, Femi Falana, Tinubu and Buhari?

When I see Ipob call you Nigerians Zombies I get angry but now they are vindicated.

I pity Yorubas. Let's see if Buhari will apologise to PDP and Nigerians for saying that their is nothing like subsidy.

This government is a fraud

The person who wrote this article didnt understand the removal of subsidy by Kachikwu.

As at when subsidy was removed and retail price was set at N86.5, the actual cost of landing PMS was less than the retail price. That meant Nigerians paid more than the should right from the word go. A fund was set up to save the difference so that whenever price goes above the retail price, the fund will be used in offsetting the balance we should have paid instead of paying subsidy from government coffers.

Subsidy can only be paid when that fund has been exhausted and landing price is still above retail price.

Kachikwu's plan was to review the retail price upwards when the funds is exhausted.

If that fund is not exhausted, then there is no subsidy. If the fund is exhausted and the retail price is not reviewed, then and only then will NNPC pay subsidy.

Its either the reporter and his editor are not well read or they are just being mischievious.

In my opinion, the subsidy regime cannot be sustained. In as much as The FG wants to alleviate the people's suffering, they should find a way to end this subsidy thing in no distant time.

Akshow:
you are a wailer period

Bros, everybody is a wailer, including you.

Except you are comfortable with fuel scarcity, total power outage and darkness, soaring cost of essentials and high cost of living.

If you are not an open wailer like the rest of us mere mortals, then you are a closet wailer doing it privately..

Peace

Petrol is 240 a litre in Fuel stations in Port Harcourt.

Government and NNPC said they are not paying subsidy.

Wat did the reporter smoke ?

These people are really making GEJ look like a genius.

Ohammadike:
Apc went up and down screaming that fuel subsidy is a fraud how come they are paying it now even the dullard said he doesn't know what fuel subsidy is yet he is about to pay more than the last admistration

Lie mohafool claimed billions was saved from not paying fuel subsidy obviously he lied again

You ain't making any sense dude. You sound like a typical wailing buffoon that have permeated Nairaland political landscape.

otokx:
Petrol is 240 a litre in Fuel stations in Port Harcourt.

Na your Brothers dey do that Miracle oooo.


I have not bought fuel 1naira above official pump price this year and trust me I have gotten need for almost 100litres of fuel a week..

In chief Zebridiya's voice, upon on top of the subsidy, fuel is being sold at #300 in my place now, even to see the fuel na waya.

If all the independent marketers sold pms at their pumps for 86.50 naira rather than 180-210 naira.
Why would people queue endlessly at pumps of major marketers including nnpc mega stations struggling to purchase pms at 86.50 naira.

sotall:
[size=20pt] But Buharry said there is nothing like subsidy...How come you are now paying for something that doesnt exist..
This is corruption magnified by an electron microscope[/size]

nbright:
Subsidy is a fraud - Buhari

If you were a bit informed you would know why the statement was made.
let me give you a summarized brief your capacity can comprehend, The Total landing cost, production and distribution cost during GEJ 's time per litre was far below the offer for a litre of fuel at the Filling stations the Govt at that time , Yet the government claimed it was subsidized and billions were cornered to government cronies in the name of subsidies., this action was termed a fraud by the opposition at that time.

diegwu01:


If you were a bit informed you would know why the statement was made.
let me give you a summarized brief your capacity can comprehend, The Total landing cost, production and distribution cost during GEJ 's time per litre was far below the offer for a litre of fuel at the Filling stations the Govt at that time , Yet the government claimed it was subsidized and billions were cornered to government cronies in the name of subsidies., this action was termed a fraud by the opposition at that time.

zombie. That's what you are

charsobodo:
Why is petrol price still rising when the price of crude has fallen considerable, these marketers should continue fooling themselves, am just completely fed up with the level of corruption in this country...

Crude oil price has risen to $43.

Quakertellicus1:
And the subsidy has to go.

If the subsidy goes...then we would be able to save lots of money, and use the money for other things....like salaries and infrastructure projects.

Also, fuel marketers would be able to make enough money to buy the dollars needed to import. And make profits too.

Let's be frank....oil subsidy must go,if fuel must flow.

u keep repeating urself over n over again n na verbatim.
u dey prepare ur views keep?
thr is no fuel subsidy according to nnpc, we r now in price modulation era.


it is called CHANJIT!

Sanchez01:
Subsidy should be removed and the money diverted to something more productive. 95 Naira is not that much. We cannot be spoonfed all in the name of making the economy better. The masses may feel it at first, but then again, we'll get used to it. The subsidy thing coming back is a very bad move. An avenue to put resources to waste.

If crude oil price is falling & naija pump price is increasing which sounds abnormal to me.
What will happen when crude oil hits $100 from the current 36-40$ per barrel?
Something seems fishy

diegwu01:


If you were a bit informed you would know why the statement was made.
let me give you a summarized brief your capacity can comprehend, The Total landing cost, production and distribution cost during GEJ 's time per litre was far below the offer for a litre of fuel at the Filling stations the Govt at that time , Yet the government claimed it was subsidized and billions were cornered to government cronies in the name of subsidies., this action was termed a fraud by the opposition at that time.

Brox let's assume you are right. Answer this question
How much was a barrel of crude oil then & how much is it now?. Cox if @ $100 we pay 86# then at 40+$ we still pay same #86 look through your analysis and reframe the statement cox its elementary mathematics

Wait ooo, Jus d other week one slowpoke from the NNPC claimed the govt has not continued subsidy payments and today dis?? Which kind ppl b dis sef... Anyway back to the matter, I still remember during d last administration d APC made it clear Nigerians were paying too much for fuel considering the falling price of crude oil. Today crude is lower dan it was then and nothing seems to have changed except for worse.. Now dey are wearing the shoes and know where it pinches, dey are blaming the shoemaker.

AntiWailer:


Na your Brothers dey do that Miracle oooo.


I have not bought fuel 1naira above official pump price this year and trust me I have gotten need for almost 100litres of fuel a week..

Are you in PH?

For crying out loud, who are they paying the subsidy to? The last time I bought fuel at a gas station it was #220 per litre. This is broad day light robbery. Smh

[size=20pt]what goes around, comes around
he who live by sword shall surely die by sword.[/size]

#GodblessNigeria #GodblessNigeria #GodblessNigeria #GodblessNigeria #GodblessNigeria #GodblessNigeria #GodblessNigeria

idupaul:
What is subsidy what is subsidy ?....General Buhari in 2014

Who is subsidizing who? --- quota General Buhari in 2014 backed by 40 naira per liter tam David-West.

otokx:
Petrol is 240 a litre in Fuel stations in Port Harcourt.

Is there light in uniport?

Nigeria, my country, in 2010, former president Jonathan administration announced total removal of fuel subsidy. The NLC, TUC, Activists, Unions, etc, embarked on nationwide strike to make d govt listen to d masses. My question now is this, these unions, NLC, TUC, Activists, where are they now? Hv dey gone to sleep? Are dey scared of this present govt? Where is Falana? Or this govt is always right?

Nigerians, we must speak our minds for d govt to do d needful for d benefit of d masses. Don't be scared! stand up 4 a better naija. Where we need to support d govt we shuld support and where we need to point to their wrong doing, we shuld do it.
God blees Nigeria!

EKPETI:
Nigeria, my country, in 2010, former president Jonathan administration announced total removal of fuel subsidy. The NLC, TUC, Activists, Unions, etc, embarked on nationwide strike to make d govt listen to d masses. My question now is this, these unions, NLC, TUC, Activists, where are they now? Hv dey gone to sleep? Are dey scared of this present govt? Where is Falana? Or this govt is always right?

Nigerians, we must speak our minds for d govt to do d needful for d benefit of d masses. Don't be scared! stand up 4 a better naija. Where we need to support d govt we shuld support and where we need to point to their wrong doing, we shuld do it.
God blees Nigeria!

Erm....the subsidy has not been removed...so for now...they have no cause to make noise.

Johnrake69:
For crying out loud, who are they paying the subsidy to? The last time I bought fuel at a gas station it was #220 per litre. This is broad day light robbery. Smh

The subsidy cash is not enough for marketers to import fuel....AND to pay their debts incurred from non-payment of subsidy arreas from the last admin.

Hence the high prices. They have a business to run after all.

SleekMallam:
Is there light in uniport?

No light in Aluu