This government said they removed fuel subsidy SOME TIME AGO that was why they increased price up to the present #165.00 pump price.

Why are they still talking about subsidy again? When will this dubious subsidy end?

This people want to continue to loot our resources and destroy the lives of Nigerians, God is watching all of you.

Somebody will open mouth on television and be talking about paying transport subsidy when the money she claims to be distributing to the poor ( abacha loot) has only reached the hands of few of their relatives.

Use your dubious transport subsidy to keep the fuel pump price at its present price.

ENOUGH IS ENOUGH, NIGERIANS DESERVE TO LIVE AND NOT PERISH LIKE INFESTED FOWLS

Why not build refineries and start processing fuel locally? Why must we be importing fuel in 2022.? Shameful.

ichidodo:
By then Dangote Refinery will be on stream....Win-Win for Dangote and the uncertainties and it's attendant economic blow back keeps piling up for Nigerians.

Dangote had been projected to sell at least #500 per PMS litre.
God no go shame us.

kissdabride:
Dangote had been projected to sell at least #500 per PMS litre.
God no go shame us.

The alternative is government paying a subsidy of at least 370 naira per liter to keep fuel at 162 per liter...and as production costs goes up , so does the subsidy budget.

At the end we take loans or do partial removal of subsidy which means price increases or total removal

Plus there are at least 20 active refinery licences. And at least 4 other refineries under construction. Dangote isn't the only one in the business

For lies, more lies and most dangerous lies text APC to 4+4

Who will be the beneficiaries.... Another monumental scam loading for 2022.

We all need to understand that, when the government said Nigerians, they're referring to the Elite not the common man.
Government doesn't care about the common man,they don't regards the common man as Nigerians....

Another way to loot tax payers money

Press Nigerians at least the least cheese. Make everybody calm down

[quote author=Shellsploit post=107555193]Nonsense
This one na Over 6.5 goals in first half![/quote
Hahahahahahahahahah
I swear bro]

The other time this government said it has removed fuel subsidy completely.Later,the same government came out to say the fuel subsidy was partially removed.Like,this Buhari has skunsku for head.He is very incompetent.

chikachuks1:
The same people that said fuel subsidy was scam under GEJ have realised it was not. Sadly, pride will not allow them to apologize for deception.


Meanwhile, this is the 2022 looting strategy

Not to defend Buhari...as he was clearly playing politics back then, and he knew that subsidy was harmful (at least he was attending economic council meetings, and should have known)

But here is how the scam in subsides works

1.Smuggling of fuel. In Nigeria, fuel costs N162 per liter. In our neighbours...it costs above N300. Smuggliers take advantage of the price differential to smuggle fuel across the borders

2.Want to make extra money...make false claims on fuel imported, fuel sold, and transport costs (part of the subsidy money goes to making the transport of fuel cheap)...and earn extra.

3.Also, until 2016, everyone was allowed to import fuel...meaning people made false claims for forex and suchlike to import fuel.

Hence the scam.

Who are the nigerians that are going to be eligible for the payment are they civil servants or ordinary nigerians?

PotatoSalad:
I want to beat this woman.

Why can't the president hire renowned economists and experts to handle the helm of affairs of this country?

Chinekenna napu ekwensu ike

Are the renowned economists you are thinking about Northerners? If not, forget about it. The idiot hiding inside the Rock only love to see his Northern Almajaris.

ChiefS:
Strange. Out of over 200 million Nigerians, what percentage of our population will get the allowance. Sometimes I wonder how these people reason. They will create a greater problem by trying to solve one problem.

Who told you they are trying to solve this problem or any other problem in this country for that matter.

That's another way of legally and officially stealing our common wealth.

dre11:


https://www.thecable.ng/zainab-ahmed-fg-will-pay-nigerians-transport-allowance-after-fuel-subsidy-removal

Madam, I hope you're children are listening to you? Well, I forgot they say "like mother like children".

PotatoSalad:
I want to beat this woman.

Why can't the president hire renowned economists and experts to handle the helm of affairs of this country?

Chinekenna napu ekwensu ike

If a daft head can hire intelligent people/economist then he himself can be regarded as intelligent himself.

I hope this answers your question.

Who are "the right people"? You and bihari will not die well!

Lovenorth:
Nice one, thank you so much our lovely president, looters have no place in our lovely government, there must be judicious use of public fund to finance infrastructure in the country that would be beneficial to the Nigerian people

Ashiere ni iya e se...

bigeliot:
So what's d point, u remove fuel subsidy to pay d citizens transport allowance. since money will still b spent, just leave d subsidy there bcus I dont see any point there. U pay fuel subsidy= govt spend money. You pay transport allowance=govt spend money. No sense inside. one person will just chop d whole money. Just looking for an avenue for a northerner to chop money and clean mouth. D one dat happened during corona, nobody has been convicted, all the money that were donated just miss. Mumu govt

If you hadn't been in a haste to just criticise and you read everything written up there calmly, you'd have seen where it was stated that the payment of transport allowance would last for only 6 - 12 months..

Even if paradventure they keep paying the transport allowances till thy kingdom come, it the money budgeted for the transport allowances wouldn't be up to 10% of the money the government spends on fuel subsidy yearly.

Another scam loading

I still find it difficult to comprehend how Nigerians voted for this guys twice. All he does is one step forward, twenty steps backward. He was the champion against subsidy removal 8 years ago and he is trying to do the same thing... Like seriously!!!! Think about what would have been if subsidy have been remove then.... Just think!!!!!!!!!!!

Some things I wonder why did they build up these refinary in the first place....until those refinary are properly working either privatized or overhauled fuel issues will never be solved.....this government doesn't know what they are in for...they just want to create more problems for the incoming administration....

it just goes from BAD to WORSE !!

Just resign as finance.minister if all the restructuring will make life more difficult for Nigerians

Just resign. Thank you.

dre11:


https://www.thecable.ng/zainab-ahmed-fg-will-pay-nigerians-transport-allowance-after-fuel-subsidy-removal

PotatoSalad:
I want to beat this woman.

Why can't the president hire renowned economists and experts to handle the helm of affairs of this country?

Chinekenna napu ekwensu ike

There is not even one qualified person in his cabinet apart from the Professor then how can the country move forward,imagine Having someone like Malami as your AGF and Minister for Justice,and then this woman ,and and and …..

Another trader money scam loading. There has been no subsidy anywhere in Nigeria. It's just a hoax created by politicians to syphon free money legally.

Scam!!!!!!

Kilotat:
Complete Fuel subsidy removal is a Good thing, but do you remember how buhari campaign against it to the northern terrorists, now he realised its a good thing
If fuel subsidy was removed since jonathan, Nigerians would have gotten use to it by now, but instead the subsidy cost kept on increasing.
Check my Signature

Weren't you among the people that matched together with the failed president buhari in Lagos?

I agreed, Jonathan era was the best time to completely removed subsidy

From ''there is nothing like fuel subsidy'' way back in 2014/2015, to ''Under-recovery'' in 2017, the Satanic baboons in the APC led by their Zombie king have finally come to see that fuel subsidy actually did exist.

lexy2014:


U are removing fuel subsidy but u want to pay transport subsidy. What's now d use of removing the fuel subsidy?

The will only pay the transport allowances for 6-12 months. And there's no way the transport allowances will even be up to 10% of fuel subsidy paid in a year.

sulaak:
How the hell did Zainab Ahmed, become minister of finance, planning and budget. How do you measure paying direct cash to individual?

Why not invest in better transport systems and subsidies the cost, for example, buy local buses from Innosson supply them to state and private transport company, subsidies the cost of petrol. This will increase the country industrial capacity and improve transport systems at a relatively low cost to the consumers.

The payment of transport allowance is just for 6-12 months.