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Buhari Seeks Approval To Pay N413b Subsidy Claims - Politics (3) - Nairaland

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Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by ERAKAMUS: 9:05am On Nov 17, 2015
koboko69:


You are just a daft frustrated and misguided youth. Despite subsidy claims hitting trillions last year...you useless god was still owing marketers from August last year. Now we have a president following due process and cleaning up the mess and clearing up all the bobby traps set by the past administration, all u can do is to open your gutter mouth and spill thrash like you dknt have a father at home. Senseless fool!
YOU NOR JUS GET SHAME
E-DIOT.

#SAI BABA, SAI FAKE CHANGE.

USELESS PEOPLE.

SUBSIDY IS A SCAM - TERRORIST BULL.ARI

4 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by walozanga(m): 9:09am On Nov 17, 2015
OnankpaBa:



May God have mercy on your generation. Give respect to your elders and parent in order to live long.

God punish ur mouth ... fellow brothers of iniquity
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by opuambe(m): 9:10am On Nov 17, 2015
koboko69:


You are just a daft frustrated and misguided youth. Despite subsidy claims hitting trillions last year...you useless god was still owing marketers from August last year. Now we have a president following due process and cleaning up the mess and clearing up all the bobby traps set by the past administration, all u can do is to open your gutter mouth and spill thrash like you dknt have a father at home. Senseless fool!

2 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by nobeku: 9:10am On Nov 17, 2015
LastSurvivor:
The same man that claimed that there is nothing like fuel subsidy, that it was simply a scam..
I think it's either buhari is a perpetual liar or he is a serious illiterate..
Or better still he thinks that Nigerians are fools..
Darker days looming. .
YOU FOOOOL!!!! Buhari NEVER literally said that there was nothing like subsidy.. Get your facts right.. Go back and do your research... WET BLANKET!!!!!

2 Likes 1 Share

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by HzRF(m): 9:11am On Nov 17, 2015
Semper247:


Wont it be better u dont talk when u cant reason rationally? Your hero and his legion of leaches magnified the existing mess that this man is trying to clean up and you are here forming critic....smh for your level of illiteracy mr endangered specie
D same mess he said he's a scam


Mehn many are mad few are roaming
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by tommykiwi(m): 9:12am On Nov 17, 2015
SirSmithHarry:


i don't insult my elders
Dat is good to know.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Sanuzi(m): 9:12am On Nov 17, 2015
The same man that claimed that there is nothing like fuel subsidy, that it was simply a scam..
I
Or better still he thinks that Nigerians are fools..
Darker days looming. .


DONSMITH123:
President writes National Assembly

There is good news for fuel marketers. President Muhammadu Buhari has asked the National Assembly to approve the payment of their N413 billion claims, it was learnt yesterday.

The payment is believed to be the key to ending the crippling petrol scarcity in many cities.

Petrol is being sold for between N100 and N400 per litre in various parts of the country. Queues are long at filling stations where there is fuel. Many others are shut for lack of supplies.

A Presidency source said last night that “only about N140 billion was appropriated for subsidy payment in the current budget and it has been exhausted”.

“Out of respect for the parliament, the President insisted that the right thing must be done by seeking approval from the National Assembly before an additional kobo is paid in excess of what the budget makes provision for.

“This is a clear departure from the past, when extra-budgetary expenditure was the norm.”

Another source said “the Nigerian National Petroleum Corporation (NNPC) expressed the belief that with the outstanding payment due to oil marketers now assured, the marketers and other downstream players will join hands with the corporation to guarantee that the nation remains wet with petroleum products all year round,” the source said.

The Senior Special Assistant (SSA), Media, to the President, Mallam Garba Shehu, noted that the President “is desirous to end the petrol scarcity. But he insists that due process must be followed.”

Marketers are hopeful that if the N413 billion subsidy cash is disbursed, the fuel scarcity will be over.

But they also complained of lack of foreign exchange to facilitate importation of products.

A marketer last night said: “We cannot access dollar or pound sterling to import. The banks have refused to give us letters of credit because they don’t have confidence that we will pay back. It is only the NNPC that imports and what they import is grossly inadequate.

“The issue is that many independent depots and retail outlets don’t have products because the NNPC only gives product to marketers accredited as bulk buyers.

“The fuel marketing arm of the oil industry is gradually collapsing because most of the oil marketing firms currently operate at about 30 per cent capacity utilisation. Some of our depots that load around 150 trucks daily have dropped to 40 trucks daily.

“If the current supply situation is not addressed quickly, the Yuletide will be celebrated without fuel, and you know the implication.”

The NNPC’s Group General Manager, Group Public Affairs Division, Mr. Ohi Alegbe, said the Corporation trucked out 25,042,686 litres of premium motor spirit (PMS) to various parts of the country between last Saturday and Sunday..

According to the data made available by the NNPC spokesman, which showed the depots from where the fuel was loaded, companies that took delivery of the product, the number of the vehicle that lifted the product and the quantity lifted, 615 filling stations got 25,042,686 litres. They include majors, such as Total, Mobil, Oando, MRS, Conoil and Forte Oil. The NNPC Retail and independents, including NIPCO and Eterna, among many others, especially in Gombe, also got supplies.

Suleja depot loaded 7,178,613 litres for 179 stations, Kaduna depot 2,470 490 litres for 59 stations, Kano 4,930,847 litres for 107 filling stations, Minna depot 224,986 litres for six stations, Gusau 2,311 951 litres (60 stations), and Satellite depot, which feeds Lagos State, 2,164,940 (63 stations).

Others include Ilorin depot 303,000 litres (nine stations), Ore 110,989 litres (three stations), Ibadan depot, 766,007 (21 stations), Gombe area, which has the highest number of independent stations got 3,662,893 litres (78 stations) and Aba depot, 917,970 litres (30 filling stations).

Cc: lalasticlala

http://thenationonlineng.net/buhari-seeks-approval-to-pay-n413b-subsidy-claims/

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by OnankpaBa(m): 9:12am On Nov 17, 2015
walozanga:


God punish ur mouth ... fellow brothers of iniquity

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by zik4ever: 9:14am On Nov 17, 2015
This issue is a national emergency and should be treated as such. Insulting each other wont solve the problem. Everything should be done to revive local refining by existing refineries and provide incentives for private sector participation in local refining. The price of crude oil has collapsed, Nigeria cant get buyers for her crude oil in the international market and yet we don't have fuel at home? Somebody should get mad enough to act decisively, radically and pragmatically. Its like you produce cassava and the supply is so much. Your cassava is wasting or rotting away and you don't have Garri at home!

1 Like

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by billyG(m): 9:14am On Nov 17, 2015
#413billn 4 oil mkters dis hard time,debts left by d previous administration,after 16yrs of pdp rule nigeria cannot boost of 1 new Refinery?how can we get out of dis quadmire 2 private sector holding govt. on d jugular.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by walozanga(m): 9:15am On Nov 17, 2015
koboko69:


You are just a daft frustrated and misguided youth. Despite subsidy claims hitting trillions last year...you useless god was still owing marketers from August last year. Now we have a president following due process and cleaning up the mess and clearing up all the bobby traps set by the past administration, all u can do is to open your gutter mouth and spill thrash like you dknt have a father at home. Senseless fool!

how much wer u paid to sell ur conscience.
ur stupid president once said subsidy was a scam. wat is he trying to do now?
mr man u need medical attention cos ur head no correct.

11 Likes 1 Share

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Nobody: 9:17am On Nov 17, 2015
ndcide:
There's nothing like subsidy... APC I don't know what subsidy is... PMB

Since when did he start meeting the National Assembly? Did he meet them for bailout money?

Anyway we need fuel.
Lol... dictatorship no dey for fuel o.. haha
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by funkyibodude(m): 9:20am On Nov 17, 2015
Wait? He hasn't paid those marketers SMH shocked sad angry
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by emmasege: 9:26am On Nov 17, 2015
omolami:
APC and Buhari's lies are hereby revealed. Long ago FG said 413bn naira fuel subsidy has been paid. Now we are just hearing it again that FG is seeking approval to pay 413bn naira fuel subsidy. Why does APC thrives in lie telling,? Na mumu government we dey.
I was also wondering which N413 billion again? PMB appears to me more clueless than the one that was termed clueless. Though his followers and fans hate to hear the truth and prefer to be fed with lies after lies, he remains grossly inept.

4 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by tafrica(m): 9:26am On Nov 17, 2015
The same man that dashed bailouts to Governors to launder their images without waiting for NASS approval. Is he now playing politics with this fuel scarcity by telling us subsidy is waiting for NASS approval, or what has happened?
Time will tell.

5 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by koboko69: 9:31am On Nov 17, 2015
walozanga:


how much wer u paid to sell ur conscience.
ur stupid president once said subsidy was a scam. wat is he trying to do now?
mr man u need medical attention cos ur head no correct.

Lol...

I dont have time for jobless youths. If the time u devote in online folly is invested in reading your books.....you probably would make a first class.

You have more than 8 years to do this....bitterness endangers health...you will.land in the hospital soon.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by meforyou1(m): 9:37am On Nov 17, 2015
nobeku:
YOU FOOOOL!!!! Buhari NEVER literally said that there was nothing like subsidy.. Get your facts right.. Go back and do your research... WET BLANKET!!!!!
sharap. he said so

1 Like

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Nobody: 9:39am On Nov 17, 2015
koboko69:


Lol...

I dont have time for jobless youths. If the time u devote in online folly is invested in reading your books.....you probably would make a first class.

You have more than 8 years to do this....bitterness endangers health...you will.land in the hospital soon.
The same man that dashed bailouts to Governors to launder their images without waiting for NASS approval. Is he now playing politics with this fuel scarcity by telling us subsidy is waiting for NASS approval, or what has happened?

5 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by tinktanker: 9:41am On Nov 17, 2015
Nigerians forget easily. Where is PMB integrity when he lied to gullible n blind nigerians that subsidy never existed n it was all a sham. Now same subsidy he wants do pay for. Him n his apc crew are just lying bastards n apc lovers are all blind and gullible.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by LasoulMacuby(m): 9:47am On Nov 17, 2015
hinwazaka:
This President is a bast@rd and a stup1d liar. This is not what he said 2 weeks ago
http://www.vanguardngr.com/2015/11/fg-to-pay-oil-marketers-n413bn-subsidy-debts-as/
http://www.thisdaylive.com/articles/fg-approves-immediate-payment-of-n413bn-subsidy-claims/224745/
If he knows he doesn't want to pay them, why not just come out and tell Nigerians you don't trust the marketers and you would like them to go to hell. Grow some balls and act like a man, for once in your miserable life. But instead of taking a stand, the fool, decided to do nothing, while allowing the situation to denigrate to this state. Now the ediot wants to use this his Mr Integrity bullshit to deceive his sheepish followers. God will punish him, his wife, his family and the entire APC. Rubbish
GOD WILL ALSO PUNISH YOU FATHER, R ASHEWO MOTHER, YOUR SISTER THAT GAVE BIRTH TO FATHERLESS CHILDREN. EDIOT.
I JUST PITY FOR YOUR FAMILY
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by bejeria101(m): 9:49am On Nov 17, 2015
U need approval? The money u spent b4 ministers came on board did u need approval?
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Nobody: 9:53am On Nov 17, 2015
baba go slow i thought you promised to remove subsidy undecided
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by natureblack(m): 9:55am On Nov 17, 2015
SirSmithHarry:




Must you insult your president?
Insult?_oh c'mon!
Your pretentious display is a bit too much to take.

It is a known fact to every honest Nigerian,home or in diaspora,that Buhari is a semi-illiterate.

It is also worth noting that the infamous "certificate" is still in "Sango knows where".

Call a spade by what it is_Buhari is a semi-illiterate.It is not an insult,affront or slight.It is the TRUTH.

1 Like

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Adminisher: 9:55am On Nov 17, 2015
LastSurvivor:
The same man that claimed that there is nothing like fuel subsidy, that it was simply a scam..
I think it's either buhari is a perpetual liar or he is a serious illiterate..
Or better still he thinks that Nigerians are fools..
Darker days looming. .

So as the intelligent one explain subsidy to me. How is it calculated.
Every thing we call subsidy is actually a form of tax on
Nigerians .
There are just too many sources of refined products . What we are consuming is a basket of products from different refineries in different countries with dynamic exchange rates with Nigerian Naira.
Let us start with differences in buying refined fuel from abroad compared with giving our crude oil to a refinery abroad to refine and send back to Nigeria. What is the price difference in these two options?. Now add the option of sending Nigerian crude to the Nigerian refineries to refine locally what is the price difference between the three options?.

Another thought ..if all downstream facilities in Nigeria were owned by the NNPC and all petrol stations were NNPC mega stations what price would we be buying petrol from the government?

How much are companies importing petrol , how much import duties are they paying and what tax is government charging them yearly.?.

More importantly what is the main function of government?.

Buhari asked a very valid question about subsidy via governments role in providing welfare to the people. Al

Now on the 413billion the bulk of the money was mainly incurred by the Jonathan administration and the rush to pay is to prevent unnecessary hardship

Nigeria is in deep shit because of corruption and clueless enrichment of others to the detriment of 200 million Nigerians by 16 years of Obasanjo and Jonathan

Let me list the money Buhari has to look for as a matter of urgency
-Counterpart funding for Mambila Hydro project at least
$1.5bn this is 3000 MW high priority power for 2018
- Naira value defence: at least $300 million per month by CBN
- Defence procurement : maybe $600 million for 2015/16
-Salaries and emoluments : maybe 5trillion naira a year
- Help for the states : maybe 2 trillion per year. The states and LGAs already take 48% of Federation account
-Other power projects : maybe $2billion
-Roads : maybe 1 trillion naira
- universities: maybe N500billion
etc.c, etc.c
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by simpleseyi: 9:57am On Nov 17, 2015
hinwazaka:
This President is a bast@rd and a stup1d liar. This is not what he said 2 weeks ago
http://www.vanguardngr.com/2015/11/fg-to-pay-oil-marketers-n413bn-subsidy-debts-as/
http://www.thisdaylive.com/articles/fg-approves-immediate-payment-of-n413bn-subsidy-claims/224745/
If he knows he doesn't want to pay them, why not just come out and tell Nigerians you don't trust the marketers and you would like them to go to hell. Grow some balls and act like a man, for once in your miserable life. But instead of taking a stand, the fool, decided to do nothing, while allowing the situation to denigrate to this state. Now the ediot wants to use this his Mr Integrity bullshit to deceive his sheepish followers. God will punish him, his wife, his family and the entire APC. Rubbish


This guy too na somebody pikin. And the parents threw a big party when he was born not knowing that he will grow up and become a drug addict. Stories that touch the heart.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by IbokUtoroh(m): 10:02am On Nov 17, 2015
hinwazaka:
This President is a bast@rd and a stup1d liar. This is not what he said 2 weeks ago
http://www.vanguardngr.com/2015/11/fg-to-pay-oil-marketers-n413bn-subsidy-debts-as/
http://www.thisdaylive.com/articles/fg-approves-immediate-payment-of-n413bn-subsidy-claims/224745/
If he knows he doesn't want to pay them, why not just come out and tell Nigerians you don't trust the marketers and you would like them to go to hell. Grow some balls and act like a man, for once in your miserable life. But instead of taking a stand, the fool, decided to do nothing, while allowing the situation to denigrate to this state. Now the ediot wants to use this his Mr Integrity bullshit to deceive his sheepish followers. God will punish him, his wife, his family and the entire APC. Rubbish
bobo easy nw, in as much as i dont and will never support dis admin, pls curtail d way u attack his family.
Na buhari we dey face, lets not tow d path apc abi acn n cpc towed during their opposition days.
Dont worry God will vindicate us before their tenure elapse, and nigerians will know the truth.
Proudly wailer!
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by VOICEOFJUSTICE: 10:08am On Nov 17, 2015
[b]ONE DAY, BUHARI AND NIGERIANS SHALL APOLOGIZE TO JONATHAN. BUHARI WAS THE ONE CASTIGATING JONATHAN FOR PAYING FUEL SUBSIDY. HE ALSO SAID HE WILL LEAD THE MILITARY FROM THE FRONT AND CONDEMNED JONATHAN FOR SEEKING FOREIGN AIDS TO ERADICATE BOKO HARAM. WHEN BUHARI ASSUME OFFICE THE FIRST THING HE DID WAS TO TOUR ROUND ALL THE COUNTRIES SEEKING FOR HELP. NOW YOU ARE PAYING FOR FUEL SUBSIDY. YOU WERE THINKING THAT JONATHAN WAS PLAYING. WE ALL CALLED HIM CLUELESS. NOW YOU HAVE SEEN THE REALITY. ON SUNDAY I SHAVE FOR 150 BOX FIRST IN HISTORY AND I PAID DOUBLE TRANSPORT FARE TO WORK. YESTERDAY AND TODAY. COMPANIES ARE FOLDING AND MANY ARE BECOMING JOBLESS. THERE IS NOW INCREASE OF CRIME AND ROBBERY ALL OVER THE COUNTRY. LIVES ARE BEING LOST ON A DAILY BASIS. THIS IS THE SYMBOL OF THE BROOM YOU CARRIED DURING YOUR ELECTION CAMPAIGN PERIOD. FOR 6 MONTHS, NO SINGLE DEVELOPMENTAL PROJECT RATHER WHAT WE SEE IS CONSTANT CANCELLATION OF THE ONES THE PAST ADMINISTRATION HAD PUT IN PLACE. THIS IS WHAT RIVERS STATE MONEY HAS COST THIS COUNTRY. IT IS A PITY. COST OF EVERYTHING IS ON THE RISE. WHEN YOUR JOB IS TAKING FROM YOU AND YOU HAVE FAMILY WHAT ARE YOU EXPECTED TO DO? [/b] shocked shocked shocked

2 Likes

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by IbokUtoroh(m): 10:09am On Nov 17, 2015
OnankpaBa:



May God have mercy on your generation. Give respect to your elders and parent in order to live long.
no apc guy should judge any pdp person when he or she attacks the current administration.
They r giving back what apc doled out to gej when he was thr.
So keep ur useless prayers for urself n family cos they need it more.
Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by OnankpaBa(m): 10:10am On Nov 17, 2015
natureblack:
Insult?_oh c'mon!
Your pretentious display is a bit too much to take.

It is a known fact to every honest Nigerian,home or in diaspora,that Buhari is a semi-illiterate.

It is also worth noting that the infamous "certificate" is still in "Sango knows where".

Call a spade by what it is_Buhari is a semi-illiterate.It is not an insult,affront or slight.It is the TRUTH.


Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by OnankpaBa(m): 10:10am On Nov 17, 2015
IbokUtoroh:

no apc guy should judge any pdp person when he or she attacks the current administration.
They r giving back what apc doled out to gej when he was thr.
So keep ur useless prayers for urself n family cos they need it more.

Re: Buhari Seeks Approval To Pay N413b Subsidy Claims by Acidosis(m): 10:13am On Nov 17, 2015
grin grin

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