And then?

ShowYourCertificate:
What makes you think that Subsidy has been completely removed? And who told you that those "theiving charlatans" are still not in the petroleum sector controlling things? Keep on deceiving yourself.

There will always be theieves as no system is perfect but now, "Stealing is not just corruption, it will land you in jail"

We saw what the cronies of the Jonathan administration did with SURE. P and I am glad we did not give em a chance to do it with all the money

PUSH1:


It's like that because you guys are lazy country.

Identify yourself.

PMB should please mow down any lunatic protesting the removal of fuel subsidy.
Haven't we suffered fuel scarcity enough?
Nonsense!

Mynd44:

I have always advocated the removal of subsidy cos it was pointless.
Under GEJ though, it was obvious the government was riddled with thieving charlatans who woukd not do anything with the funds saved

Is that all you can say?

So it was wrong for GEJ to remove petrol subsidy & right for Buhari to do same.

I refuse to believe that my great Yoruba brothers are hypocrites, i will not.

989900:
This is not going to end well if refineries are not working, naira falls further or oil prices increase -- official pump prices could go as high as N300/litre!
Presently, importation costs NNPC roughly N100/litre.
While it could cost as low as N70/litre if we had working refineries @ prevailing crude prices and official xchange rate.
Shame on the gov't and anyone comparing AGO with PMS -- for every equipment that uses diesel, there are probably 500-1000 more using PMS.
Kudos to pipeline vandals and their apologizers -- we will all bear the consequences.
This is not what the people voted Buhari for, if the government cannot tackle cross border smuggling and pipeline vandalism, then that's a big, big, shame after all the campaign.

At this point, government should strongly consider devaluing the naira to bridge the gap between the official exchange rate and the parallel market rate. That's the only way to keep down the price of petrol since price/litre will now be a function of the parallel market exchange rate.

Government should also immediately increase the minimum wage to at least N30k. Asking workers who earn N18k monthly to cope with the impact of over 70% increment in pump price is unjust, insensitive and criminal.

Mynd44:


There will always be theieves as no system is perfect but now, "Stealing is not just corruption, it will land you in jail"

We saw what the cronies of the Jonathan administration did with SURE. P and I am glad we did not give em a chance to do it with all the money

Mr man, forget about what the govt would have saved.

Rather, think about the many private refineries that would have sprung up and the competition that would have ensued between the downstream operators that would have eventually forced the pump price down just as it is happening in the telecoms sector.

What of the several thousand jobs that would have been created directly and indirectly?

GEJ deserves an unreserved apology from organised labour and all those who withstood him in 2012.

what is wrong with nigerians ?,we are all shouting APC most bring the change they promise but now that APC is changing the way things are been done in previous regime. we are screaming hardship to the masses.for change to come in Nigeria subsidy most go.

Mynd44:

You no know road?

I never expect less from no.1 APC apologist on nairaland. keep it up

luvinhubby:


Is that all you can say?

So it was wrong for GEJ to remove petrol subsidy & right for Buhari to do same.

I refuse to believe that my great Yoruba brothers are hypocrites, i will not.

Stop trying to be funny.

I had reservations about the last government which i dont have about this one. If you have reservations about this subsidy removal, you know where Ojota is. The last one was fun, you can converne another one and have fun too. Life aint so hard.

If the past administration had built new refineries or fixed the ones we have, will we be here right now? What did they do with the money saved from the partial removal of subsidy?

Ojota even looks more beautiful now although I doubt Ambode will be disposed to renting it out sha

seunmsg:



At this point, government should strongly consider devaluing the naira to bridge the gap between the official exchange rate and the parallel market rate. That's the only way to keep down the price of petrol since price/litre will now be a function of the parallel market exchange rate.

Government should also immediately increase the minimum wage to at least N30k. Asking workers who earn N18k monthly to cope with the impact of over 70% increment in pump price is

But Nigerians have already been buying PMS at far more than the official rate for the past 9 months and under excruciating conditions?

Wouldnt you rather have it readily available no matter the cost?

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

$80/litre? rehab loading 4 una.

BakireBulmaker:


Mr man, forget about what the govt would have saved.

Rather, think about the many private refineries that would have sprung up and the competition that would have ensued between the downstream operators that would have eventually forced the pump price down just as it is happening in the telecoms sector.

What of the several thousand jobs that would have been created directly and indirectly?

GEJ deserves an unreserved apology from organised labour and all those who withstood him in 2012.

Apology? Tell that to the millions in the NE
Tell that to those who died of road accidents
Tell the King of Morocco


*Laughs in stolen subsidy funds*

jlinkd78:
This Govt penchant for telling lies is just unimaginable. U said d Labour Unions were part of d discussion and within hours this rebuttal. How do u hope to sustain this pricing template when d marketers source d Fx from d black MKT or u have d magic wand to stabilize d dollar?. D govt need to abolish d dichotomy of official and bureau d change rates or better still sell Fx to d mkters and ensure strict supervision to avoid diversion. With this Labour's position I must say this govt is very insensitive.

Trust me in a couple of months Dollar restrictions will end just like subsidy. Buhari is taking the right but difficult decisions with gradual implementation.

Mynd44:

I have always advocated the removal of subsidy cos it was pointless.
Under GEJ though, it was obvious the government was riddled with thieving charlatans who <*<woukd>>*> not do anything with the funds saved

its would. cant believe a whole nairaland mod uses this type of fone tho

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

It's very difficult not to abuse people on NL because of people like you.

You should have asked yourself this simple question before rushing here to comment.

Since fuel according to you is $80/ litre in the USA (which is a lie anyway), can 80 naira buy you what 80 dollars would buy since you want to compare the currencies at par??

If them use the Z word for una now, una go dey vex.


Mind you I've always been against subsidy but for Buhari/APC to remove it after all the trash he spewed before and after elections, shows the biggest height of hypocrisy!!

[size=18pt]Someone should please pay off these NLC hungry men to keep quiet.

[/size]

[s]

Mynd44:

Apology? Tell that to the millions in the NE
Tell that to those who died of road accidents
Tell the King of Morocco


*Laughs in stolen subsidy funds*

[/s] U mean GEJ invent boko haram or what? that GEJ damaged roads constructed in the 70s? OBJ spent 8yrs in power but cant reconstruct Lagos-Ibadan expressway despite the fact that he hails from Ogun state. what are PMB achievements so far other than hardship?

Mynd44:

Stop trying to be funny.

I had reservations about the last government which i dont have about this one. If you have reservations about this subsidy removal, you know where Ojota is. The last one was fun, you can converne another one and have fun too. Life aint so hard.

If the past administration had built new refineries or fixed the ones we have, will we be here right now? What did they do with the money saved from the partial removal of subsidy?

Ojota even looks more beautiful now although I doubt Ambode will be disposed to renting it out sha

People like you are the real problem we have in our country. You stand for nothing. Wherever the wind blows, you go even when it could harm you.

You condemned GEJ for trying to remove subsidy when it was the best time and see nothing wrong in this administration's action to remove same subsidy at this very difficult and trying time?

Smh for you

seunmsg:



At this point, government should strongly consider devaluing the naira to bridge the gap between the official exchange rate and the parallel market rate. That's the only way to keep down the price of petrol since price/litre will now be a function of the parallel market exchange rate.

Government should also immediately increase the minimum wage to at least N30k. Asking workers who earn N18k monthly to cope with the impact of over 70% increment in pump price is unjust, insensitive and criminal.

Now that's objective.

This is by far the worst set of NLC leaders. Toothless bulldogs.

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

80 dollars you think we are kids here ,i know very well that the price of pms in america isnt up to a dollar so u can go and tell that lie to ur illetrate villge chief

BakireBulmaker:


But Nigerians have already been buying PMS at far more than the official rate for the past 9 months and under excruciating conditions?

Wouldnt you rather have it readily available no matter the cost?

Lots of people still buy at the official rate here in Abuja.

TonyeBarcanista:
Buhari has failed Nigerians and he must go

go where ... Kenya?

The road still far

wayne4loan:
go where ... Kenya?

West Germany

I wish you could do something, but am sorry this is a dictatorship government.

I pity those who look up to nlc.

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

There are advantages to gain for this increment so are many other disadvantages if not manage properly. It cud signal in hyper inflation. But you kicked against GEJ on this same policy! Why are you guys like this
I hope u r not follow follow

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

the thunder that will fire u is stil doing press up. zombie

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

u are not only a big liar but shameless one!
PMS is 80$ in U.S..obvious u neva been there..
so how much is a barrel of crude..guess it is 500$?
which African country sels fuel at 175 N
I just came from Ghana..so tell me
bunch of liars
when crude was 100$ , it makes sense to say remove subsidy, but now it is 45$ what is their excuse?
same govt has 3trn in TSA, made 833bn from stamp duty in 3 months, looted funds etc
no bi your fault sha

franchizy:
In America PMS is sold for $80 in Europe it goes for $90. in most African countries it is sold equivalent to 175 Naira even when they have a working refinery refining the products.

I must commend the federal govt on this increase. This will curb corruption and add value to the growth and development of Nigeria.

We the Nigerian youths are solidly behind the FG. NLC are toothless bulldogs.
INSHA ALLAH

Shut up!

Do you know what $80 is?

Do you think its Nigeria where money doesn't have value.
Very daft write up.

$80 is over 15,000 Naira, at an exchange rate of 199 Naira to $1.