₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,345,558 members, 8,518,275 topics. Date: Friday, 13 November 2026 at 08:51 PM

Toggle theme

Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says (15932 Views)

1 2 3 4 5 Reply (Go Down)

Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by Bimpe29(m): 4:13pm On Dec 30, 2017
Simply put, Nigeria is a county with laws that doesn't comply with.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by duval2: 4:16pm On Dec 30, 2017
ivandragon:
look,

I know you guys just want a soft landing on this matter.


he was the one who tried to go all 'psycho' on the matter & questioned my 'logical reasoning'.

my position was simple, even if those seaports work, the price increases the further inland you go, I don't get why you guys are now dragging the matter.
Bro, listen: price disparity in a deregulated economy is not in doubt and no one should contest that. That's the price everyone should be ready to pay. It is not fair, true, even life is not fair. God himself knows that hence the need for all to leverage the areas of their comparative advantage. Allow market forces to determine the price of commodities as we fully deregulate once and for all....
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by waveman2: 4:18pm On Dec 30, 2017
The demand for diesel is not as high as that of petrol. That is d difference.



tommysparks:
but diesel is fully deregulated and it's almost same price nationwide and funny enough diesel has never sold 300 naira before
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by Nobody: 4:20pm On Dec 30, 2017
Maybe they should have shot them to make you happy..........poverty is a disease..... cheesy cheesy cheesy cheesy cheesy cheesy

Desyner:
Stop ranting. What's wrong in bypassing corrupt marketters and MDAs ? Keep ranting there.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by waveman2: 4:37pm On Dec 30, 2017
Very true my friend. I have read through ur argurements and it's all on point. Most of these people commenting here Don, t know the draconian effect of total deregulation at these period. Yes we need to deregulate the price of petrol but u definitely can put the cart before the horse. Until we reduce the demand of petrol in this country we may not be able to have total deregulation on pms.even building of private refineries cannot reduce price.

How do we reduce demand?
As tinubu rightly said subsidies the people by providing good transport system and rail transport.

ivandragon:
for every diesel vehicle on the road, there are 100 petrol vehicles.


do the maths, don't be an absolute Dundee...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ifeoluwa122: 4:53pm On Dec 30, 2017
omenkaLives:
Whether legal or not, something just has to be done to check the current hardship being experienced by the citizens over availability of the product.

Yesterday was one of my angriest days as a Nigerian.

Left home as early as 10am to queue up at an NNPC station. To my chagrin, it appeared I was moving just about a few inches forward per hour on the queue. I was literally making no progress at all and time was approaching 5pm.

Left where I was and drove towards the gate, and there, what I saw made me wonder if there's really hope for this nation. Every official stationed at the gate to ensure things are done rightly were the very people making sure NOTHING is done rightly! From Road Safety, to Police, to the the station employees, EVERYONE was taking bribes and allowing folks jump and shunt the queue! From what I saw, there was absolutely no way I'd get to get in if I didn't bribe my way through!

Yet we open our loud mouths to complain about government corruption!

I made up my mind I wasn't gonna be involved in any of that. Made a u-turn and drove to another station nearby, OFICON, whom I heard were selling at the official rate.

Now, I joined the queue and hoped that time, i'd get my juice and get the hell out of there, get home and get some rest so I'd have sufficient energy to groove later in the club.

Now, Guess why the guys were selling at official rate: DPR official were in the premises.

Guess how much fuel they were dispensing to motorists: 10L max!

Eventually, DPR left and to my utmost surprise, these guys wound back their meters to 230naira per litre!! Guess what more, you could, this time, buy a full tank if you please!

Now, it was about 7:15pm!!!

With so much pain and anger in my mind, i drove in and filled my tank, and swore I'd NEVER patronise that station ever again.

This is probably the same sadenning experience millions of Nigerians go through daily. It is depressing to be honest.

This subsidy nonsense was one of the major undoings of the Jonathan's regime and if Buhari isn't careful, it might consume him as well.

At this stage in our National experience, we shouldn't be dealing with an issue such as this for God's sake. It is not right!
feel your pain bro sorry
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 4:54pm On Dec 30, 2017
erico2k2:
its a different seenerio, the difference in cost btw London and North of England has nothing to do with distance rather Demand and supply.The Nearest Seaport to London is Tilbury and thats in Essex.andits till costlier there than London.
lol...


you can't defend your point on 'home soil', you want to go international?


lol... whatever you feel is best do. those that understand my point have done so.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by Nobody: 4:55pm On Dec 30, 2017
Illegitimate government and illegitimate president and illegitimate Nigerians.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 4:59pm On Dec 30, 2017
duval2:
Bro, listen: price disparity in a deregulated economy is not in doubt and no one should contest that. That's the price everyone should be ready to pay. It is not fair, true, even life is not fair. God himself knows that hence the need for all to leverage the areas of their comparative advantage. Allow market forces to determine the price of commodities as we fully deregulate once and for all....
please note, I am not against full deregulation, the question is, can the economy in its present state handle it?

if fuel is N400 per litre, by God's divine mercy, I can survive well... & so will about 6m-8m other Nigerians...

but what about the remaining 170m+?


remember, governance is about the greater good for the greatest number of people...


well, let's see how it goes.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 5:01pm On Dec 30, 2017
waveman2:
Very true my friend. I have read through ur argurements and it's all on point. Most of these people commenting here Don, t know the draconian effect of total deregulation at these period. Yes we need to deregulate the price of petrol but u definitely can put the cart before the horse. Until we reduce the demand of petrol in this country we may not be able to have total deregulation on pms.even building of private refineries cannot reduce price.

How do we reduce demand?
As tinubu rightly said subsidies the people by providing good transport system and rail transport.
thanks.


I am tired. I wonder how a simple position turned into this long back & forth.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 5:05pm On Dec 30, 2017
ivandragon:
lol...


you can't defend your point on 'home soil', you want to go international?


lol... whatever you feel is best do. those that understand my point have done so.
erm Im making my point on my own home soil the way I see it market is market even if you live in the Moon!
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 5:08pm On Dec 30, 2017
ivandragon:
please note, I am not against full deregulation, the question is, can the economy in its present state handle it?

if fuel is N400 per litre, by God's divine mercy, I can survive well... & so will about 6m-8m other Nigerians...

but what about the remaining 170m+?


remember, governance is about the greater good for the greatest number of people...


well, let's see how it goes.
MayB if govt reduce expenditure, we might jst have a wee more money to spend.if PMS is sold for N500, people will still buy as we speak petrol is £1.50 average in the UK, we still drive,no matter waht cost is, once there is demand nothing will stop purchase
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by EternalTruths: 5:45pm On Dec 30, 2017
ivandragon:
lol...


like I said, you don't know the first thing about business & diesel prices...


https://www.thisdaylive.com/index.php/2017/06/18/nnpc-crashes-price-of-diesel-across-nigeria-by-42/


https://m.guardian.ng/business-services/prices-of-kerosene-diesel-hit-over-n300-per-litre/
So are you saying that Buhari also applied subsidy to Diesel.?
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by EternalTruths: 5:49pm On Dec 30, 2017
ivandragon:
please note, I am not against full deregulation, the question is, can the economy in its present state handle it?

if fuel is N400 per litre, by God's divine mercy, I can survive well... & so will about 6m-8m other Nigerians...

but what about the remaining 170m+?


remember, governance is about the greater good for the greatest number of people...


well, let's see how it goes.
Since Buhari said Subsidy is corruption, then implement full deregulation and damn the consequences.

Everyone should go back to his comparative advantage.

Nigeria is a useless and hopeless nation filled with hypocrites like Buhari who condemned Jonathan for a policy he later adopted.


Subsidy must go

Let market forces decide everything.


The North must live with it.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:11pm On Dec 30, 2017
EternalTruths:
Since Buhari said Subsidy is corruption, then implement full deregulation and damn the consequences.

Everyone should go back to his comparative advantage.

Nigeria is a useless and hopeless nation filled with hypocrites like Buhari who condemned Jonathan for a policy he later adopted.


Subsidy must go

Let market forces decide everything.


The North must live with it.
I just read your comments with the other chap where you introduced tribalism & buharism into the discussion.


it was poor taste from you.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:13pm On Dec 30, 2017
EternalTruths:
So are you saying that Buhari also applied subsidy to Diesel.?
lol...
look, I can't help you.
keep interpreting everything your own way.
lol...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:27pm On Dec 30, 2017
erico2k2:
MayB if govt reduce expenditure, we might jst have a wee more money to spend.if PMS is sold for N500, people will still buy as we speak petrol is £1.50 average in the UK, we still drive,no matter waht cost is, once there is demand nothing will stop purchase
I don't get this your UK matter. don't let me start exposing you here.

can you compare the standard of living with the UK & Nigeria?

the average hourly wage is about £7 that's about N3,500 (conservative estimate).



just leave UK matter please.
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 6:37pm On Dec 30, 2017
ivandragon:
I don't get this your UK matter. don't let me start exposing you here.

can you compare the standard of living with the UK & Nigeria?

the average hourly wage is about £7 that's about N3,500 (conservative estimate).



just leave UK matter please.
I beg ur padon guy
Expose me howhuh plz by all means I challange you to expose me plzzzz .or are you mistaking me 4 one of dem kids behind ur househuh
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:44pm On Dec 30, 2017
erico2k2:
I beg ur padon guy
Expose me howhuh plz by all means I challange you to expose me plzzzz .or are you mistaking me 4 one of dem kids behind ur househuh
where do you reside in the 'UK'?

where do you work?

which 'work permit' are you using?
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 6:47pm On Dec 30, 2017
ivandragon:
where do you reside in the 'UK'?

where do you work?

which 'work permit' are you using?
A simple read fru my profile and post on nairaland will save you this embarrassing tree you are backing on.buy more MB and do so plz,besides this topic is not about what I do in the UK or wher I live i n the UK!U mst be new on NL, come to the Auto and property section,u will find me there all day every day
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:53pm On Dec 30, 2017
erico2k2:
A simple read fru my profile and post on nairaland will save you this embarrassing tree you are backing on.buy more MB and do so plz,besides this topic is not about what I do in the UK or wher I live i n the UK!U mst be new on NL, come to the Auto and property section,u will find me there all day every day
lol...

& what does your profile say other than information that can be manipulated.


you were the one shouting UK & London.

on NL all day every day? figures...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 6:57pm On Dec 30, 2017
ivandragon:
lol...

& what does your profile say other than information that can be manipulated.


you were the one shouting UK & London.

on NL all day every day? figures...
well if U go fru my post you wont ask where I live or what i do in the Uk hence I said it wil save you time!if i want to know waht you do I just go fru ur post on here, it will paint a picture of ur mind state
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 6:59pm On Dec 30, 2017
erico2k2:
A simple read fru my profile and post on nairaland will save you this embarrassing tree you are backing on.buy more MB and do so plz,besides this topic is not about what I do in the UK or wher I live i n the UK!U mst be new on NL, come to the Auto and property section,u will find me there all day every day
lol...

& what does your profile say other than information that can be manipulated.


you were the one shouting UK & London as if staying in UK gives you super powers...

on NL all day every day? figures...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 7:01pm On Dec 30, 2017
erico2k2:
well if U go fru my post you wont ask where I live or what i do in the Uk hence I said it wil save you time!if i want to know waht you do I just go fru ur post on here, it will paint a picture of ur mind state
& you are who that I would go through your posts?


save that for kids impressed with 'UK'...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 7:03pm On Dec 30, 2017
ivandragon:
& you are who that I would go through your posts?


save that for kids impressed with 'UK'...
nah U ask ohhh,if u av gone fru and U nor like wetin U see, Im sorry I cant helep U there !

Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 7:05pm On Dec 30, 2017
erico2k2:
nah U ask ohhh,if u av gone fru and U nor like wetin U see, Im sorry I cant helep U there !
lol...


you really see yourself as one 'big' child because you stay in UK?


really?


no wonder you kept yapping about it even when its relevance was askew to the issue at hand.


like I said, save it for those who have never stepped outside Nigeria & are blown away when they hear 'UK'...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 7:11pm On Dec 30, 2017
ivandragon:
lol...


you really see yourself as one 'big' child because you stay in UK?


really?


no wonder you kept yapping about it even when its relevance was askew to the issue at hand.


like I said, save it for those who have never stepped outside Nigeria & are blown away when they hear 'UK'...
like I said, i cant help you on your situation my friend, I dont know why u carry am 4 head!nah U ask

Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 7:16pm On Dec 30, 2017
erico2k2:
like I said, i cant help you on your situation my friend, I dont know why u carry am 4 head!nah U ask
carry for head?


lol...


well, even EJ is England too...


simple questions, you are saying I should go & read your 'history'.... lol...


an ugly moth that thinks itself a falcon...


lol...
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 7:28pm On Dec 30, 2017
ivandragon:
carry for head?


lol...


well, even EJ is England too...


simple questions, you are saying I should go & read your 'history'.... lol...


an ugly moth that thinks itself a falcon...


lol...
I dnt know where U see urgly, well the fuel scarcity ate deep into ur way of thinking hence such reasoning

Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 7:31pm On Dec 30, 2017
erico2k2:
I know I am ugly, well the fuel scarcity ate deep into my way of thinking hence such reasoning
Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by erico2k2(m): 7:35pm On Dec 30, 2017
[quote author=ivandragon post=63749709][/quote]ahah U even edit my post kia,ur brain is fried, 9ja is hard

Re: Fuel Crisis: Current Petrol Subsidy Regime Illegal - Senate Says by ivandragon: 7:36pm On Dec 30, 2017
erico2k2:
ahah U even edit my post kia, my brain is fried, 9ja is hard
1 2 3 4 5 Reply

Certificate Forgery: Senate Says They Can't Sack Biobarakuma Degi-Eremienyo • Senate Says Kalu's Seat Won't Be Declared Vacant Yet • What Is The Current Petrol Situation In Your Area? • 2 • 3 • 4

Senator Jibrin Reveals How Bribe-taking Videos Will Affect Ganduje’s Second Term • Oyo Approves Issuance Of ₦100B Bond For Iseyin-Ogbomoso Road, Ibadan Airport • Imo North: Confusion As APC Gets Two Candidates