The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG and the Petroleum and Natural Gas Senior Staff Association, PENGASSAN, has described IMF’s advice to Nigeria on fuel subsidy as poisonous. Recall that the IMF in a meeting with the World Bank on Thursday, advised the Federal Government to remove fuel subsidy which according to them is the right thing to do.

However NUPEN and PENGASSAN who described IMF's advice to Nigeria as poisonous, said it led to hoarding of fuel. 

“The statement of IMF has created panic in the country with associated hoarding of petroleum products, panic buying, skyrocketed increases in prices of goods and services in the country. We read with serious concerns and worries the reported statement” on the state of Nigerian economy and “the unsolicited poisonous advice on further recovery of the nation’s economy.

It is quite bewildering and baffling that the IMF is not considering the pains and agonies Nigerians went through even to achieve the acknowledged gains of 2018, with almost two-thirds of the world’s hungriest people among Nigerians. One wonders why the IMF is still callously and wickedly advising the government to inflict more pains and harm on the people.This [IMF] statement is embellished and loaded with poisons, considering the antecedents of the IMF in our economic challenges and struggles over decades of our nationhood.


The various devaluations of our currency on the strength of advices of the same IMF have been a very big burden on our nation for several years now.The leadership of NUPENG and PENGASSAN are aware of what Nigerians are going through; we empathise with them and will not turn a blind eye to any further attempt to increase their pains and impoverish them further. We earnestly plead with President Muhammadu Buhari to constantly put in mind the current hardship Nigerians are going through in our collective journey to economic recovery. Be it known that any economic policy that is devoid of human feelings could lead to more social dislocations and upheavals,” they added.


https://punchng.com/imfs-advice-poisonous-say-nupeng-pengassan/amp/

Poisonous or not, time shall/will tell.

very true

Truth is bitter Oga PENGASSAN

If i happen to be the president, ones Dangote Refinery has started working optimally I will throw away subsidy.

Truth is bitter

Everywhere’s scam

Subsidy removal poisonous? Cos you guys are the major beneficiaries bah?

Nothing last forever

nothing to worry about. Government has said no plans to remove subsidy yet.

These are the ones benefiting from subsidy, they will say anything and do anything like creating artificial scarcity to keep subsidy

NOC1:
If i happen to be the president, ones Dangote Refinery has started working optimally I will throw away subsidy.

dangote wont sell at 145 na. So fg go still pay am subsidy

ITbomb:
These are the ones benefiting from subsidy, they will say anything and do anything like creating artificial scarcity to keep subsidy

only NNPC imports fuel. How are these guys benefiting??

Okay
Check my signature to make legit income online.
Thank me later.

ednut1:
only NNPC importd fuel. How are these guys benefiting??

That is not correct. Let me ask: what is your definition of fuel?

Wallade:


That is not correct. Let me ask: what is your definition of fuel?

petrol not kero or diesel. Nnpc only imports PMS Aka petrol

ednut1:
dangote wont sell at 145 na. So fg go still pay am subsidy

I know, but the price won't go up like when you don't have a functioning refinery.

ednut1:
petrol not kero or diesel. Nnpc only imports PMS Aka petrol

Fuel includes AGO, DPK, LPG, ATK etc. Even firewood and paper na fuel

Let them remove the fvckingg subsidy.

Something they have removed since?

Remove Oil Subsidy is very good Advice. Nupeng & Pengassan are inciting Buhari into further Deafness and unreasonableness to good Advice to Depression antidote. This Country will be restructured and The F.G will be less burdened with Oil subsidy.

NOC1:
If i happen to be the president, ones Dangote Refinery has started working optimally I will throw away subsidy.

Once Dangote’s refinery starts next year,Federal Government will say goodbye to subsidy,best thing that can happen to Nigeria remove the subsidy,no pain no gain,Nigeria was once amongst the net importers of cement,now we do not import cement anymore thanks to Dangote and Abdulrazak Rabiu?The ordinary man doesn’t understand that the subsidy benefits the rich more than the poor.

You want the Government to buy a commodity for $84 and sell it to you for $67 dollars,who will bare the cost in between?

Why can't we just revive our refineries and stop wasting money subsidy?! I am freaking tired of hearing this subsidy of a thing!! What is delaying our refineries from taking off??

12inchDickson:
Everywhere’s scam

.

Penganupeng is scam also, I agree.

helinues:
Subsidy removal poisonous? Cos you guys are the major beneficiaries bah?

Nothing last forever

.


Penganupeng is a Thief and a Sabotuer.

Aryin87:
Why can't we just revive our refineries and stop wasting money subsidy?! I am freaking tired of hearing this subsidy of a thing!! What is delaying our refineries from taking off??

Government has no business with refining it is a business for profit,the refineries can’t work cause you refused to pay the standard price of the product,it cost $47 to refine and you want NNPC to sell at $29 who will bare the cost in between?

If the refineries are privatized and repaired you will have to pay more,so anyway you look at it removal of fuel subsidy is inevitable,it was a bad policy enshrined by the military to deceive the people to allow them remain in power. (General Obasanjo and Buhari of the petroleum decree 1978) take note.

Eteka1:
nothing to worry about. Government has said no plans to remove subsidy yet.

.


The Government herself is a Collabo in big thiefry businesses.

ITbomb:
These are the ones benefiting from subsidy, they will say anything and do anything like creating artificial scarcity to keep subsidy

.


Restructure the 36 States and Penga'peng will be no more.

ednut1:
dangote wont sell at 145 na. So fg go still pay am subsidy

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Dangote is selling Cement at N2600 in Nigeria and N800 in Ghana. Charity begins from outside. Dangote is a Collabo.