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Nairaland Forum / Nairaland / General / Politics / Fuel Strike: FG Now Owes Marketers N470b - Vanguard (14708 Views)
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Fuel Strike: FG Now Owes Marketers N470b - Vanguard by saintopus(m): 5:58am On Nov 04, 2015 |
THE Federal Government’s outstanding indebtedness to oil marketers has risen to N470 billion, arising from a backlog of unpaid subsidy claims since August 1, 2014 till date. This is even as the marketers say they require in excess of $2 billion dollars to pay off their foreign suppliers, otherwise they will not be able to continue to import more petroleum products into the country. Marketers, who spoke to Vanguard in confidence yesterday, lamented that government has not been able to fulfil its promise to offset all outstanding marketers’ claims between October and second week in November. This is just as the promise by the Central Bank of Nigeria, CBN, to assist marketers in accessing dollars to pay off their foreign suppliers has also not yielded fruit. www.vanguardngr.com/2015/11/fgs-indebtedness-to-oil-marketers-now-n470bn/ 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by HerexG(m): 5:59am On Nov 04, 2015 |
Government no be moi moi, APC don dey experience the real challenge that lies in governance They made government look like rice and beans with their sweets talks during their champaign 100 Likes 6 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by temitemi1(m): 6:01am On Nov 04, 2015 |
Apceeee 'change' 16 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by mysteriousman(m): 6:01am On Nov 04, 2015 |
The challenges before this administration are marmot 7 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Johnpaul2k2(m): 6:02am On Nov 04, 2015 |
CHANGE 4 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Waladade4luv(m): 6:02am On Nov 04, 2015 |
No wonder dia is scarcity for my area 4 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by benedictnsi(m): 6:03am On Nov 04, 2015 |
Waladade4luv: Abeg, which timid village you d live sef 2 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by saintopus(m): 6:04am On Nov 04, 2015 |
Deregulation is the way. Until we take a bold step in restructuring the downstream oil sector and remove the fuel subsidy debacle we will continue to face this problems. 9 Likes 2 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Aufbauh(m): 6:07am On Nov 04, 2015 |
This is one of the reasons i have not taken the opposition party PDP seriously. Most of the economic backslashes we are experiencing now was inherited. The opposition will be quick to point out how bad our economy has degenerated forgetting that some of us are more intelligent and reasonable to know that the economy of a nation does not start crashing in a matter of months. It is a build up of failed policies and programmes cluelessly initiated or poorly implemented. They're always quick to point to the positives of this present administration as a programme conceived and initiated by the GEJ but will distance themselves from the mess they created. What a hypocrisy! Nigerians have no option than to wait patiently for PMB led administration as he clean the aurgen table left behind by the crooked and perversed government of GEJ. To set the record straight, more than 50%of this debt was carried over from the previous government making the present administration to start from an indebted position. 53 Likes 9 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Legitbaba(m): 6:07am On Nov 04, 2015 |
.....Ch :nge |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by saintopus(m): 6:10am On Nov 04, 2015 |
temitemi1:One of their campaign slogan by many of their members then was that Fuel subsidy was a scam. But it has increased remarkably. Deregulation is the way forward 24 Likes 3 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Nobody: 6:10am On Nov 04, 2015 |
20 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Waladade4luv(m): 6:17am On Nov 04, 2015 |
benedictnsi: i donno why fed govt av not been able to cut these middle men from the supply of petrol |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Babatindan: 6:20am On Nov 04, 2015 |
Dat should be d reason why we're witnessing queue @filling stations in Lagos. |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by omenka(m): 6:20am On Nov 04, 2015 |
Johnpaul2k2: benedictnsi: Legitbaba: saintopus: temitemi1: Xetima: temitemi1:We know you guys are totally brainless, but sometimes, it helps to pretend you actually have brains. THE Federal Government’s outstanding indebtedness to oil marketers has risen to N470 billion, arising from a backlog of unpaid subsidy claims since August 1, 2014 till date.This means they are being owed 15 months pay and out of those months, your useless party was in power for 10 of those months. Such a pity one has to share the world with nonentities like you lot. 24 Likes 4 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Amdayburh(m): 6:21am On Nov 04, 2015 |
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Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by M4gunners: 6:26am On Nov 04, 2015 |
Pikin wen say em mama no go sleep, emself no go see sleep too. 2 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by bugzbunny: 6:35am On Nov 04, 2015 |
HerexG: They just want power No plans No ideas Nothing Jzt lies........... Courtsey of Mr. Lai 23 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by safejo: 6:39am On Nov 04, 2015 |
the slogan was CHANGE DOLE!!!!! Now we have to TREK TO WORK DOLE!!!! one chance govt 6 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by coldsummer: 6:44am On Nov 04, 2015 |
Aufbauh: This is what they fail to understand. They think playing opposition is about fighting a meaningless fight. Whatever happens, Jonathan caused the nosedive we are experiencing. His carelessness was epic 16 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by obailala(m): 6:52am On Nov 04, 2015 |
safejo: bugzbunny: Xetima: saintopus: Legitbaba: M4gunners: benedictnsi: Johnpaul2k2: temitemi1: HerexG: Can you imagine the senselessness of these PDPians and Jonathanians? Just imagine some of these airheads rejoicing and blaming the new government for a debt of which 80% of it was accrued by their useless administration since August 2014? 16 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Emmason505(m): 6:57am On Nov 04, 2015 |
Aufbauh:APC always have an escape route. Instead of ur president to look for a way out of this mess he keeps blaming the PDP. 16 Likes 1 Share |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by Nnemuka(f): 6:58am On Nov 04, 2015 |
no light, no petrol.... Black market sells at 170 per ltr infront of filling stations for that matter.... 4 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by permsec: 7:01am On Nov 04, 2015 |
obailala: 7 Likes
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Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by PRYCE(m): 7:02am On Nov 04, 2015 |
They thought governance was all about sitting in Aso Rock replying Olisah Metuh shey? After four years, Buhari will look like a 90 year old man not 76! 21 Likes 3 Shares |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by menix(m): 7:03am On Nov 04, 2015 |
Do we still pay Subsidy even now a barrel is below $50 nd the pump price was set when barrel was over $90... Owing marketers since August 2014 is a Gigantic APC lie, any marketer owed since August 2014 had issues with the Fed. Govt possibly for claiming subsidy when non was imported. Some will be quick to point accusing fingers on PDP as the foundation setter, but my fellow APCSHITS, what have ur govt done to alleviate the masses from this problem. 6 months of Governance yet no policy to drive us to the imaginary paradise.. APC the finger pointers.. 21 Likes |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by lorbah001(m): 7:04am On Nov 04, 2015 |
K |
Re: Fuel Strike: FG Now Owes Marketers N470b - Vanguard by anigbajumo(m): 7:05am On Nov 04, 2015 |
HerexG: Sir,It is too early to blame APC.I can only blame them after 2yrs. |
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