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Nairaland Forum / Nairaland / General / Politics / Atiku Supported Total Removal Of Subsidy (22157 Views)
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Re: Atiku Supported Total Removal Of Subsidy by MarkStephen130(m): 6:59am On Sep 04, 2020 |
BeeOtp: how much |
Re: Atiku Supported Total Removal Of Subsidy by Openbusiness: 7:00am On Sep 04, 2020 |
Doesn't matter what Atiku supports or not, so far he is not the President and he's currently not a top govt official like a Petroleum Minister. Atiku is just another typical Nigerian politician and they will always switch mouths wherever the wind of political advantage blows. How many times has he switched from PDP to APC etc? I won't be surprised if he switches to APC before 2023. We can't hold Atiku accountable for the current suffering of Nigerians. It is Buhari that is the President, not Atiku. 3 Likes |
Re: Atiku Supported Total Removal Of Subsidy by Wasky101: 7:00am On Sep 04, 2020 |
timid101:Because it free for all now, no longer controlled, marketers sellwhat they buy |
Re: Atiku Supported Total Removal Of Subsidy by Nobody: 7:00am On Sep 04, 2020 |
Agbegbaorogboye: Good morning to you too |
Re: Atiku Supported Total Removal Of Subsidy by surgical: 7:02am On Sep 04, 2020 |
Timekeeper:subsidy is buying what you have at home from abroad,with the abroad seller adding a margin of profit,you pay freight,pay insurance,pay port charges,pay taxes,add admin cost,add marketers charges,these unnecessary charges is what they want Nigerians to pay , that they are calling subsidies including cost of their corruption 2 Likes |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:03am On Sep 04, 2020 |
kikero:Marketers are not making profits yet new filling stations are springing up at every nook and cranny of the country. 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:05am On Sep 04, 2020 |
surgical:cc: kikero 2 Likes |
Re: Atiku Supported Total Removal Of Subsidy by Ijaya123: 7:05am On Sep 04, 2020 |
timid101: Pump price of fuel will increase or decrease in direct relations to the cost of crude oil in the the international market since we import the fuel. |
Re: Atiku Supported Total Removal Of Subsidy by QuickStandard: 7:06am On Sep 04, 2020 |
Stalwert: You might want to school me.... I'm waiting.... Also you can tell me your level of education before you start the lectures. Bless you 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:07am On Sep 04, 2020 |
Openbusiness:cc: stalwert This is free sense for you. You can pick it and use it. 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Nobody: 7:08am On Sep 04, 2020 |
Agbegbaorogboye: That's easy, government stopped them from importing, made Nnpc the sole importer of fuel, thus marketers have more cash to expand business They would be building refineries if subsidy went 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:09am On Sep 04, 2020 |
Ijaya123:What is the crude oil swap we're doing for then |
Re: Atiku Supported Total Removal Of Subsidy by joyandfaith: 7:09am On Sep 04, 2020 |
Stalwert: fuel will be sold between 200 to 250 if naira is increasing being devalued and price of crude oil is going on. if trump win reelection, American economy will be fully reopened. There will be increase in demand for oil. |
Re: Atiku Supported Total Removal Of Subsidy by Emmymarvel(m): 7:10am On Sep 04, 2020 |
Olunmercy56:From comments here ... Its obvious a lot of people here don't even know what subsidy is all about. Subsidizing fuel price means the govt pays marketers extra money to sell fuel cheap for the masses. Assuming the original price is 170, FG ask marketers to sell at 143 and pay the remaining 27 naira. But that has been a massive loophole for corruption from marketers and those in charge. So if fuel subsidy is removed, marketers can choose to sell at any price they wish, there will be competition from marketers to sell which will eventually lead to a drop in price. Because you only go and buy where it is cheaper for you. |
Re: Atiku Supported Total Removal Of Subsidy by Nobody: 7:11am On Sep 04, 2020 |
Agbegbaorogboye: We are buying from abroad because government was keepimg the price of petrol below its production pric Thus NNpc was not earning the profit to keep up the refineries As a result we had to import from abroad And government was forcing marketers to import from.abroad, sell below the importation price and pay the difference That's a subsidy But you and the guy you quoted don't understand how it works. Good morning. Got to get to work now 1 Like 1 Share |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:11am On Sep 04, 2020 |
kikero:You have still not answered the simple question. If according to you, the subsidy regime makes fuel distribution and sale unprofitable, why are we having new filling stations being built? In my area alone, at least four new stations have been built since last year? 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by comrade247: 7:11am On Sep 04, 2020 |
Hypocrisy at the highest level Issorite |
Re: Atiku Supported Total Removal Of Subsidy by Ijaya123: 7:14am On Sep 04, 2020 |
Agbegbaorogboye: Even the swap will reflect the price of crude oil in the international market. Remember we are not the one refining so we have no say on the pricing. The only way to escape all these is for us to refine what we consume. |
Re: Atiku Supported Total Removal Of Subsidy by Advocate500: 7:15am On Sep 04, 2020 |
post=93551056:is like stipend for this month is yet to drop? Don't very soon u will wail pass wailers. 1 Like 1 Share |
Re: Atiku Supported Total Removal Of Subsidy by MondayOsunbor(m): 7:16am On Sep 04, 2020 |
kikero: people don't like hardship, so you are not in the country |
Re: Atiku Supported Total Removal Of Subsidy by joyandfaith: 7:16am On Sep 04, 2020 |
Stalwert: fuel will be sold between 200 to 250 if naira is increasing being devalued and price of crude oil is going on. if trump win reelection, American economy will be fully reopened. There will be increase in demand for oil. I have stopped worrying myself about inflation. |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:17am On Sep 04, 2020 |
kikero:Go and check the origin of fuel importation before you start lying again. Fuel importation started because the babangida regime found out it was much cheaper to import fuel than to run the refineries then. Go and find out. 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by brain54(m): 7:18am On Sep 04, 2020 |
post=93551056:I don't understand wat I am reading sef....let me check the handle agn... still don't understand. ...I think this handle has been hacked!!! 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Masculity(m): 7:18am On Sep 04, 2020 |
You mean that's how things will continue until 2023? solmusdesigns: |
Re: Atiku Supported Total Removal Of Subsidy by Tywo2018: 7:18am On Sep 04, 2020 |
What's the price? Timekeeper: |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:21am On Sep 04, 2020 |
Ijaya123:Even if we're not the one refining, crude oil swap if done rightly, will have fuel sell at a far cheaper price than the international market. That's the principle at least. What you should ask is when crude oil dropped to below $30, why didn't our fuel price drop below 100 naira? Corruption will exist whether there's subsidy or not 1 Like |
Re: Atiku Supported Total Removal Of Subsidy by Tajbol4splend(m): 7:22am On Sep 04, 2020 |
Kaybaba5: You just believe that Atiku will just get into Aso Rock and turn water to wine right? Dey there o |
Re: Atiku Supported Total Removal Of Subsidy by Timekeeper: 7:22am On Sep 04, 2020 |
Tywo2018: 73k sir |
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:23am On Sep 04, 2020 |
Emmymarvel:Don't be deceived. If subsidy has been removed, why is ppmc still fixing prices? |
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