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Atiku Supported Total Removal Of Subsidy - Politics (4) - Nairaland

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Re: Atiku Supported Total Removal Of Subsidy by solmusdesigns: 7:26am On Sep 04, 2020
Masculity:
You mean that's how things will continue until 2023?

Sadly it's either Global Crude Oil price increase so that we can start earning more money from our crude oil and continue paying subsidy, or we all seat and wait till Edo modular refinery, Imo State, Delta State, Akwa Ibom State privately owned modular refinery starts opreation by 2021, Dangote refinery by 2022 to Carter for our domestic needs

This are the options

.

3 Likes

Re: Atiku Supported Total Removal Of Subsidy by Ijaya123: 7:27am On Sep 04, 2020
Agbegbaorogboye:

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

The reality is that fuel price is still cheap in Nigerian compared to other countries.

Even if crude oil drops to below $30 per barrel, the landing cost of fuel is still higher than N100 per litre. You might need to get more familiar with the pricing template in that sector.

2 Likes 1 Share

Re: Atiku Supported Total Removal Of Subsidy by Tajbol4splend(m): 7:28am On Sep 04, 2020
Subsidy removal is a scam Jonathan started to fill the politicians' pocket, the one General Mohammadu Buhari has also enjoyed, the one Atiku will jump into, who is fooling who? If you still think Atiku will come to power and fix this mess in our leadership system, you are on a long thing, the only solution to our problem is the unity among Nigerian people, let's wise up and stop giving support to tyranny by this people
Re: Atiku Supported Total Removal Of Subsidy by Pergrace: 7:30am On Sep 04, 2020
Finally, you are now tired of supporting this government.



post=93551064:

Hmmmmmm, Nigeria our country!
All these politicians want is money just for their pockets alone.
They never have the interests of the masses in their hearts.
Nigeria youths, the earlier you guys start to use your brain and fight for your future, the better for your lives.

We Rise!


Hmmmmmm, this is deep!

2 Likes

Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:31am On Sep 04, 2020
kikero:


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
You must think marketers are dangote who have billions in their accounts. Most filling stations are owned by IPMAN and licence to run one costs less than 10m naira. So I don't know where you got it from that they'll build refineries if subsidy is removed. That's some funny and ignorant shit.
FYI, when marketers were doing the importing by themselves, they usually took loans from banks to back their imports.
Re: Atiku Supported Total Removal Of Subsidy by cray91(m): 7:32am On Sep 04, 2020
word!
post=93551064:

Hmmmmmm, Nigeria our country!
All these politicians want is money just for their pockets alone.
They never have the interests of the masses in their hearts.
Nigeria youths, the earlier you guys start to use your brain and fight for your future, the better for your lives.

We Rise!


Hmmmmmm, this is deep!

1 Like 1 Share

Re: Atiku Supported Total Removal Of Subsidy by Deborah98(f): 7:34am On Sep 04, 2020
See all these talk is making me get weak, Buhari should hear what people are saying and stop expressing shock and concern upandan.... Remove fuel subsidy that's all we want.
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:35am On Sep 04, 2020
Ijaya123:


The reality is that fuel price is still cheap in Nigerian compared to other countries.

Even if crude oil drops to below $30 per barrel, the landing cost of fuel is still higher than N100 per litre. You might need to get more familiar with the pricing template in that sector.
That's because of corruption. During this covid-19 when crude was going for less than $30, petrol price in Nigeria was less than 100 naira. That's what the template showed at least. The landing cost is what shot it above 100 naira. Besides, nobody asked where we were getting fuel from when most of the developed world was close due to the pandemic such that we had cargoes on the high seas with no buyers.
Re: Atiku Supported Total Removal Of Subsidy by Advocate500: 7:36am On Sep 04, 2020
solmusdesigns:
cool




Anybody with sense and foresight would support such liberating move, Kingsley Moghalu also supports it... Ngozi Okonjo iweala even threatened Goodluck Jonathan to resign if he doesn't stop the subsidy scam, but Goodluck Jonathan bowed to pressure of paid protesters and political fraudsters called activist


It's a shame it took NNPC Global Economic Meltdown due to covid pandemic, and the incoming economic recession to end subsidy scam


The only succour to comon man is that many modular refineries are nearing completion accross SS/SE an SW Dangote refinery would start production before 2022


.
oga has been finally removed? Is like u guy's are removing the subsidy every 3months?
Re: Atiku Supported Total Removal Of Subsidy by jornwhite: 7:37am On Sep 04, 2020
solmusdesigns:
cool




Anybody with sense and foresight would support such liberating move, Kingsley Moghalu also supports it... Ngozi Okonjo iweala even threatened Goodluck Jonathan to resign if he doesn't stop the subsidy scam, but Goodluck Jonathan bowed to pressure of paid protesters and political fraudsters called activist


It's a shame it took NNPC Global Economic Meltdown due to covid pandemic, and the incoming economic recession to end subsidy scam


The only succour to contact common man is that many modular refineries are nearing completion accross SS/SE an SW Dangote refinery would start production before 2022


.




Nigerian never learn and we forget things easily, on various occassion these administration had insisted there is no subsidy, only to make a U-turn whenever they have their is urge to milk nigerians. these is the most useless civilian govt ever, buhari 2nd term as made it a full time job to exploit nigerians in very way they can come up it, the big question is what as these useless govt given back to the masses asides compounding there hardship, the 1st time buhari increased fuel price they justified it with removal of subsidy, decieving us with textbook theories competition among marketers wil drive the price down, did it?
Now they claim subsidy as been removed, buh i know for sure when they feel like making easy money again.... we will still hear subsidy again, with the calmness so far nigerian are indeed fools they don see us finish

1 Like

Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:38am On Sep 04, 2020
solmusdesigns:


Sadly it's either Global Crude Oil price increase so that we can start earning more money from our crude oil and continue paying subsidy, or we all seat and wait till Edo modular refinery, Imo State, Delta State, Akwa Ibom State privately owned modular refinery starts opreation by 2021, Dangote refinery by 2022 to Carter for our domestic needs

This are the options

.
Most modular refineries don't refine petrol.
Re: Atiku Supported Total Removal Of Subsidy by maisauki: 7:39am On Sep 04, 2020
post=93551056:
This is not the time to increase fuel price in our darling nation at all.

Not with all that is going on around the world, pandemic et al,
When people are finding it difficult to survive.

This is the same reason we voted out the party of thieves and criminals.

This is not the change we voted for.


The same way we sane, honest and hardworking Nigerians praised this government when they reduced fuel price sometimes ago, we should make sure we put our voice together to castigate and talk against this.

That is the voice the government will listen to,
Not the voice of children of hate, frustration and perdition that have never seen any good thing in our country,
That all they do is to wail continously in life.
They even wailed when the price was reduced.
They have been wailing since PMB won the election, even before swearing in!
They are not wailing for the common man like (Omotola) and all other sane and honest people are doing, but they are wailing in pain that the corrupt money being shared to them by the losers they support is not forthcoming anymore.
They have been so used to corruption, they see it as a way of life.
That is what we stand against.

Sane, honest and hardworking Nigerians,
Let us come together to Say no to this fuel increase,
We need no increament at this time and please ignore enemies of the country that want the evil politicians they voted for to remain in power together.

This is not the change we voted for.
Something must be done about this NOW!
God bless Nigeria.

If you are a genuine Nigerian against this increase like us,
Signify and let us take it from here,
We have the Voice and the Power as citizens.
And if you are an enemy of the nation,
aka, children of hate and perdition, aka swines, and dare quote this post to wail,
May the suffering of the masses go to your heads and the heads of your looters you support a 100 folds.
May you be strike down with the hatred for our country that has consumed you from day one.
Quote, let us know who will be struck rn!

We Rise


No mind am jare.
All they care about is themselves.
Rubbish!
A better Nigeria is all we want.
Na so I like epistle
Re: Atiku Supported Total Removal Of Subsidy by crown08(m): 7:40am On Sep 04, 2020
Timekeeper:
Atiku well done
I still don't understand the concept of this fuel subsidy... When u give marketers freedom to fix price, wunt they misuse their power?

Wait sef. Who are the marketers sef? Can't fg market their thing, must they employ marketers to advertise fuel..

Who advertise fuel?

Fuel just be like garri wey no need advertisement na


IPhone 6s plus 64gb for grab.. Lagos
price
Re: Atiku Supported Total Removal Of Subsidy by adesola89: 7:42am On Sep 04, 2020
abramelin11:
The entire APC supported and still supports total removal. Months ago, Osinbajo assured us that subsidy has gone for good and will never come back. What is then responsible for this sudden jump in price?

For 5k, learn to build any kind of website with WP tools in just 2 days!

Chat/Call:> +234 814 565 8405

When subsidy is removed, the implication is that price would be driven by forces of demand and supply just like some other goods we buy in the market. So the price may be 100 naira today and become 85 naira tomorrow depending on the reactionary forces in the crude oil market both locally and internationally.
In fact, if there is total deregulation in the sector, the price of fuel in Lagos may be different from the price of fuel in Ebonyi and so on.
Re: Atiku Supported Total Removal Of Subsidy by solmusdesigns: 7:43am On Sep 04, 2020
jornwhite:





Nigerian never learn and we forget things easily, on various occassion these present as insisted there is no subsidy, only to make a contradictory move whenever they have their is an urge to milk nigerians. these is the most useless civilian govt ever, buhari 2nd term as made it a full time job to exploit nigerians in very way they can come up it, the big question is what as these useless govt given back to the masses asides compounding there hardship, the 1st time buhari increased fuel price they justified it with removal of subsidy, decieving us with textbook theories competition among marketers wil drive the price down, did it?
Now they claim subsidy as been removed, buh i know for sure when they feel like making easy money again.... we will still hear subsidy again, with the calmness so far nigerian are indeed fools they don see us finish


The future might look dark for the downstream sector for the common man, but honestly our days of unstable fuel prices, subsidy are coming to an end real soon within a year or two when all modular refineries been built and Dangote refeniries come on stream

Filling station would now have the options of going to Edo modular refinery to buy it's petrol instead of waiting for criminal NNPC and its importers, someat decide to patronise Dangote refinery or the refinery in Imo state, Abia State, Delta State or Akwa Ibom. Making Oil Importers and NNPC useless on price control



.

1 Like

Re: Atiku Supported Total Removal Of Subsidy by tot(f): 7:44am On Sep 04, 2020
This OP is taking zombiesm to next level.

Who cares about Atiku's views here? People are talking about the devastating impact this would have on the man on the street, this one is still playing politics. Don't worry, it will HIT you and yours as well. Mscheeew.
Re: Atiku Supported Total Removal Of Subsidy by mightymine(m): 7:46am On Sep 04, 2020
He will support of course because of Heyden petroleum owned by him
Re: Atiku Supported Total Removal Of Subsidy by Ijaya123: 7:47am On Sep 04, 2020
Agbegbaorogboye:

That's because of corruption. During this covid-19 when crude was going for less than $30, petrol price in Nigeria was less than 100 naira. That's what the template showed at least. The landing cost is what shot it above 100 naira. Besides, nobody asked where we were getting fuel from when most of the developed world was close due to the pandemic such that we had cargoes on the high seas with no buyers.

The shutdown didn’t stop cargos from moving and delivering their products. It only affected passengers movements.
Re: Atiku Supported Total Removal Of Subsidy by Yakubu113: 7:48am On Sep 04, 2020
whenever i hear subsidy it makes me angry because we are not even suppose to be importing fuel in the first place rather we should be exporting to other countries. Nigeria is the largest crude oil Producer in Africa but don't have any government functioning refinery rather we import refine product is just a matter of time before corruption finally kill this country.
Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:50am On Sep 04, 2020
post=93551056:
This is not the time to increase fuel price in our darling nation at all.

Not with all that is going on around the world, pandemic et al,
When people are finding it difficult to survive.

This is the same reason we voted out the party of thieves and criminals.

This is not the change we voted for.


The same way we sane, honest and hardworking Nigerians praised this government when they reduced fuel price sometimes ago, we should make sure we put our voice together to castigate and talk against this.

That is the voice the government will listen to,
Not the voice of children of hate, frustration and perdition that have never seen any good thing in our country,
That all they do is to wail continously in life.
They even wailed when the price was reduced.
They have been wailing since PMB won the election, even before swearing in!
They are not wailing for the common man like (Omotola) and all other sane and honest people are doing, but they are wailing in pain that the corrupt money being shared to them by the losers they support is not forthcoming anymore.
They have been so used to corruption, they see it as a way of life.
That is what we stand against.

Sane, honest and hardworking Nigerians,
Let us come together to Say no to this fuel increase,
We need no increament at this time and please ignore enemies of the country that want the evil politicians they voted for to remain in power together.

This is not the change we voted for.
Something must be done about this NOW!
God bless Nigeria.

If you are a genuine Nigerian against this increase like us,
Signify and let us take it from here,
We have the Voice and the Power as citizens.
And if you are an enemy of the nation,
aka, children of hate and perdition, aka swines, and dare quote this post to wail,
May the suffering of the masses go to your heads and the heads of your looters you support a 100 folds.
May you be strike down with the hatred for our country that has consumed you from day one.
Quote, let us know who will be struck rn!

We Rise


No mind am jare.
All they care about is themselves.
Rubbish!
A better Nigeria is all we want.
tongue
Re: Atiku Supported Total Removal Of Subsidy by DelphiOracle(m): 7:53am On Sep 04, 2020
prciouschika:
Crying over split milk
spilled

1 Like

Re: Atiku Supported Total Removal Of Subsidy by Agbegbaorogboye: 7:54am On Sep 04, 2020
Ijaya123:


The shutdown didn’t stop cargos from moving and delivering their products. It only affected passengers movements.
I already told you we had crude cargoes at high seas no one was willing to buy. So where were we getting fuel to buy from?
Look, let me inform you. Most of the refineries we patronise are owned by Nigerians abroad.
Now, do you know that crude oil swap which this administration claim to be doing involves using crude oil to buy a certain amount of fuel? If that is done, ask yourself why they now attach landing fees and other charges to fuel that was purchased with govt crude. That's where the corruption is. Forget all the big grammar they tell you!!
Re: Atiku Supported Total Removal Of Subsidy by zoghys: 7:54am On Sep 04, 2020
izzou:
grin
Since 2015, Buhari has been removing subsidy.

Before December, Nnpc will still tell us how many billions they paid in subsidy again.

Atiku, Buhari, Kalu, Tinubu don't know the impact of the hike, but here you are, consoling yourself with a tweet grin

When you finish, just wash your face and realize that you'll still buy it at #162 irrespective of party membership, tribe, education or whatever

Buhari really hit everybody hard, especially at this time....and I love it kiss




Truth be told, the concept of subsidy on fuel is nothing but absolute senselessness and corruption. In an ideal situation the forces of demand and supply should regulate the market albeit the government sitting with the marketers to agree with a price ab intio to safeguard consumers interest and giving total power to the marketers, while the market regulates itself with more investors coming in and opening the market over time. Unfortunately all these concepts won't work in this clime because the same marketers are the same politicians who milk the country from their wealth tap tagged subsidy. This new development though the right step will only add intense hardship to the already weary condition of the masses. This is the sad tale of a rich state.
Re: Atiku Supported Total Removal Of Subsidy by WiszyFraud: 7:54am On Sep 04, 2020

1 Like

Re: Atiku Supported Total Removal Of Subsidy by bigfish3k: 8:04am On Sep 04, 2020
jornwhite:





Nigerian never learn and we forget things easily, on various occassion these administration had insisted there is no subsidy, only to make a U-turn whenever they have their is urge to milk nigerians. these is the most useless civilian govt ever, buhari 2nd term as made it a full time job to exploit nigerians in very way they can come up it, the big question is what as these useless govt given back to the masses asides compounding there hardship, the 1st time buhari increased fuel price they justified it with removal of subsidy, decieving us with textbook theories competition among marketers wil drive the price down, did it?
Now they claim subsidy as been removed, buh i know for sure when they feel like making easy money again.... we will still hear subsidy again, with the calmness so far nigerian are indeed fools they don see us finish
You are very right. I remember all these when they were busy doing all kinds of analysis of how competition will force down price after they increased it to N145 when they earlier claimed that they have removed subsidy. This is the third time that they are removing subsidy in this administration.
This is not the end. More subsidy removals are on the way
This government is using juju on Nigerians

I have never seen such docile, ignorant and very quick to forget people.

1 Like

Re: Atiku Supported Total Removal Of Subsidy by jornwhite: 8:04am On Sep 04, 2020
kikero:


That's a big part of why some of us think subsidies should go

But the thing is, Nigerians like low fuel prices.

In fact, subsidy is one issue where the interests of the elite and the poor coincide. Cheap fuel in return for cheap profits

The irony is removing subsides would have made many of those oil companies you call out richer. And after a period of high prices, competition would have pushed fuel prices down eventually...good for the poor.

But people don't like hardship, and the elite don't want to work for their money



You sounded just like them (govt) is their something you're saying we av not heard before was these not the exact statement they used to justify an increment to #145, despite world slash of crude oil, @$30 per barrel where nigerians given a break.
So far all the policies these govt have been bombarding the masses with till date justify these govt just want an easy money, in as much as it obvious they lack ideas & willingness to provide infrastructures that will generate revenue ... they just opt for the easy way out ..tax dem more. nigerians are yet to balance from the hardship lockdown augmented and the only thing govt could think of his fuel increment, should we neglect the effect it will have on cost of production- goods/service - down to cost of living. We've had VAT increment, now electricity & fuel hike buh salary remains constant & naira keeps losing value, sadly these people are not even finished with us yet.
Re: Atiku Supported Total Removal Of Subsidy by Nobody: 8:07am On Sep 04, 2020
All the zombies surporting this evil and most corrupt regiem of muhaMAD buruhari, including their chieftains. the likes of amechi , Tinubu and oshiumuHOLE will never go unpunished
Re: Atiku Supported Total Removal Of Subsidy by Timekeeper: 8:08am On Sep 04, 2020
crown08:
price

73k
Re: Atiku Supported Total Removal Of Subsidy by obailala(m): 8:12am On Sep 04, 2020
timid101:
The question is, if subsidy was truly removed, why is the pump price being increased?
abramelin11:
The entire APC supported and still supports total removal. Months ago, Osinbajo assured us that subsidy has gone for good and will never come back. What is then responsible for this sudden jump in price?

For 5k, learn to build any kind of website with WP tools in just 2 days!

Chat/Call:> +234 814 565 8405
SouthWestBlood:
It means APC even lied to everyone then. When the price is supposed to be reduced, that's when it's now going up. So Atiku is right to be against the increment in price of petrol.
QuickStandard:

Does calling for removal, equate senseless price hike?

Wait, did you bring this here to make a case for the terrible government of the day?
Quite amazing how so many people, even in 2020, still have absolutely no clue what the term 'subsidy' really means.

Subsidy is no longer being paid but you guys expect pump price of fuel to remain the same despite increasing global crude prices and rising importation costs? I guess Nigerian FG is the one that 'hiked' the cost of crude.

1 Like

Re: Atiku Supported Total Removal Of Subsidy by jornwhite: 8:23am On Sep 04, 2020
bigfish3k:

You are very right. I remember all these when they were busy doing all kinds of analysis of how competition will force down price after they increased it to N145 when they earlier claimed that they have removed subsidy. This is the third time that they are removing subsidy in this administration.
This is not the end. More subsidy removals are on the way
This government is using juju on Nigerians

I have never seen such docile, ignorant and very quick to forget people.




That exactly is what is bothering me now, these people tell us the same story all the time, justifying it with quack theories, but people fall for it all the time, they just use popular theories to capture the elites, once that is done the illiterate depends on elites for interpretation, just because we can relate with those theories we fool the masses unknown to us the govt are using us.
I strongly believe common sense will fix nigeria better than any economics theory.

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