This claim I find laughable. Let them tell us if we are suppose to experience fuel scarcity in the first place as a major producer of oil in the world. Where is the promise to fix refineries and build new ones. They shouldn't provoke our anger.

chariisGRACE:
The Buhari government have lied to the extent that, even when they could be saying the truth, the people just can't trade their faith in believing them.

Even if Lai Mohammed tell you good morning around 6am... check time to confirm.

he is right. This is the first. We commend them on this

This is the second scarcity we have seen under Buhari , the first was Oct to December 2015

Don27tiky:
he is right. This is the first. We commend them on this

This is actually the secon

With all due respect sir, Thunder fire you sir...

dre11:
FACT CHECK: Have Nigerians Seen Only One Fuel Scarcity Under Buhari as Femi Adeshina Claimed?




https://fij.ng/article/fact-check-have-nigerians-seen-only-one-fuel-scarcity-under-buhari-as-femi-adeshina-claimed/

Why verifying Pastor Femi Adesina claim? 2023 will be a year one day.

This yeo man likes comparing failures

Last time it was how many casualties in different governments, not it's fuel scarcity

Tufia.

Femi is a r.etard

thesicilian:
Despite the fact that the Buhari government has proven time after time to be one of the worst in African history, one cannot ignore the verifiable fact that fuel scarcity has almost become a thing of the past for some time now. On this issue the dullard from Sudan seems to have done a little better.

The fuel they've been importing.....
U must be foolish

backbencher:


I'm not eager to give him kudos.

The honest truth is that if he had removed subsides on petrol completely, the problem would have been solved a long time ago, and we would have had an extra, at least an extra 6-8 trillion naira in money for budgetary spending between 2015-date.

Instead, we have a subsidy monster that needs lots of money and is not satisfied. Last year, we spent 2 trillion naira on subsidy, one trillion more than the previous year, and this year, we are set to spend 3 trillion naira more on subsidies..and the amount may grow before the year runs out due to rising oil prices.

The thing is, at the end of the day, the only way to end scarcity is by removing price controls on petrol, and ending subsidy payments so that the petroleum sector would be incentivized to build refineries at home.Meaning we won't be importing fuel again...and running the risk of importing substandard fuel

Also, profits made would be enough to build and maintain, and upgrade refinereies at home of a better standard than the substandard ones where we refine fuel in Europe....fuel so dirty that it is among the worst in the world.

Niger Republic, our northern neighbor, has had no subsidy for ages. Fuel sells for N350 per liter. They make a profit, and can export fuel to 3 countries from their single refinery.

Dangote would save us come 2023. We would not have to use dollar to buy again. His refinery would be game changer for us.

backbencher:


I'm not eager to give him kudos.

The honest truth is that if he had removed subsides on petrol completely, the problem would have been solved a long time ago, and we would have had an extra, at least an extra 6-8 trillion naira in money for budgetary spending between 2015-date.

Instead, we have a subsidy monster that needs lots of money and is not satisfied. Last year, we spent 2 trillion naira on subsidy, one trillion more than the previous year, and this year, we are set to spend 3 trillion naira more on subsidies..and the amount may grow before the year runs out due to rising oil prices.

The thing is, at the end of the day, the only way to end scarcity is by removing price controls on petrol, and ending subsidy payments so that the petroleum sector would be incentivized to build refineries at home.Meaning we won't be importing fuel again...and running the risk of importing substandard fuel

Also, profits made would be enough to build and maintain, and upgrade refinereies at home of a better standard than the substandard ones where we refine fuel in Europe....fuel so dirty that it is among the worst in the world.

Niger Republic, our northern neighbor, has had no subsidy for ages. Fuel sells for N350 per liter. They make a profit, and can export fuel to 3 countries from their single refinery.

Yhu mean the same man that claimed he didn't know what subsidies meant and even said it was a scam and an avenue for the previous government to siphon or loot public funds?

See, karma is real. Buhari now talking about subsidies with his full chest, it goes to show that he is not a honest man......a very dangerous and a super fraudster, bereaved of ideas but only hungry for power.

Posterity will never forget Buhari as the worst president of Nigeria ever.

backbencher:


I'm not eager to give him kudos.

The honest truth is that if he had removed subsides on petrol completely, the problem would have been solved a long time ago, and we would have had an extra, at least an extra 6-8 trillion naira in money for budgetary spending between 2015-date.

Instead, we have a subsidy monster that needs lots of money and is not satisfied. Last year, we spent 2 trillion naira on subsidy, one trillion more than the previous year, and this year, we are set to spend 3 trillion naira more on subsidies..and the amount may grow before the year runs out due to rising oil prices.

The thing is, at the end of the day, the only way to end scarcity is by removing price controls on petrol, and ending subsidy payments so that the petroleum sector would be incentivized to build refineries at home.Meaning we won't be importing fuel again...and running the risk of importing substandard fuel

Also, profits made would be enough to build and maintain, and upgrade refinereies at home of a better standard than the substandard ones where we refine fuel in Europe....fuel so dirty that it is among the worst in the world.

Niger Republic, our northern neighbor, has had no subsidy for ages. Fuel sells for N350 per liter. They make a profit, and can export fuel to 3 countries from their single refinery.

you have said it all Man

SarkinYarki:


This is actually the secon

in Abuja it is the first though

thesicilian:
Despite the fact that the Buhari government has proven time after time to be one of the worst in African history, one cannot ignore the verifiable fact that fuel scarcity has almost become a thing of the past for some time now. On this issue the dullard from Sudan seems to have done a little better.

You're right .
Most Nigerians had forgotten how we suffered for fuel every December period until Buhari fix the issue.

backbencher:


I'm not eager to give him kudos.

The honest truth is that if he had removed subsides on petrol completely, the problem would have been solved a long time ago, and we would have had an extra, at least an extra 6-8 trillion naira in money for budgetary spending between 2015-date.

Instead, we have a subsidy monster that needs lots of money and is not satisfied. Last year, we spent 2 trillion naira on subsidy, one trillion more than the previous year, and this year, we are set to spend 3 trillion naira more on subsidies..and the amount may grow before the year runs out due to rising oil prices.

The thing is, at the end of the day, the only way to end scarcity is by removing price controls on petrol, and ending subsidy payments so that the petroleum sector would be incentivized to build refineries at home.Meaning we won't be importing fuel again...and running the risk of importing substandard fuel

Also, profits made would be enough to build and maintain, and upgrade refinereies at home of a better standard than the substandard ones where we refine fuel in Europe....fuel so dirty that it is among the worst in the world.

Niger Republic, our northern neighbor, has had no subsidy for ages. Fuel sells for N350 per liter. They make a profit, and can export fuel to 3 countries from their single refinery.

.
U be Ode real one
Stop lying and trying to paint a failure as success . He himselfin 2014 agree that no subsidy exist.
Does Niger have oil ? U think Niger will have oil and sell to its citizens at 350per litre ?
Only a dumb person would compare fuel price of a non producing nation to one that produces ..is like saying your family will buy your farm produce at same rate as you sell to outsiders? Then what are the benefit of you been an oil producer ?
In Gaddafi Libya, fuel was almost free...
What the government will gain is conserve foreign exchange as it won't be spent on importing fuel , make more dollars as it can export refine crude , then industries that will spring from other products of crude refining . The refining of crude has multiplier effect
Back to the main topic , The fraud in subsidy is not checked because the government and politicians benefit from it . Do you believe we consume 100million litres daily ? That's where the fraud is .
The solution is not to punish the citizens by removing subsidy but on cost cutting
Any serious government must subsidize .. if not the citizens suffer .

Xscape1993:
Lies! Government of lies and blames.

Which one is lies now, have u every experienced since the beginning of Buhari's administration?
All the six years Jona did there was scarcity, OBJ , yaradua.

We shoyld be asking you if it was opec thst inxreased the pump price from #87/litre to #165/litre

sammhi:
.
U be Ode real one

I thought you were an adult, not a secondary school kid. Behave yourself.

Stop lying and trying to paint a failure as success . He himselfin 2014 agree that no subsidy exist.

1.Well, considering my comment was totally critical of Buhari, I fail to see where I called him a success.

2.And you believed Buhari in 2014? Someone who by that comment showed he did not understand what a subsidy is, and how it worked?

Okay.

Does Niger have oil ? U think Niger will have oil and sell to its citizens at 350per litre ?

1.Yes, they do. 2) Yes they would.

Countries that have oil and sell above N350 include....the UK and the USA. And many others.

1.Chad..oil producer: 372 naira
2.UAE Oil producer: N313
3. Sudan Oil producer : N393
4.Gabon: Oil producer : N435
5.mexico: Oil producer: N467.
6.Saudi Arabia : N258

Only a dumb person would compare fuel price of a non producing nation to one that produces ..is like saying your family will buy your farm produce at same rate as you sell to outsiders? Then what are the benefit of you been an oil producer ?

Well, since we have established Niger produces oil....plus see above (Now don't go moving the goalposts ...you did say oil producer)

In Gaddafi Libya, fuel was almost free...

Libya produced about 5 million barrels of crude a day for 6 million people. Nigeria produces 2.4 million barrels of crude a day...half of what Libya produced then, and shared the revenue among 180 million -200million people then

Naturally...Libya had the money to heavily subsidize fuel for free...

What the government will gain is conserve foreign exchange as it won't be spent on importing fuel , make more dollars as it can export refine crude , then industries that will spring from other products of crude refining . The refining of crude has multiplier effect

Yeah, and removing subsidies means the petroleum industry would make enough of a profit to pay for all that...without government money.

Back to the main topic , The fraud in subsidy is not checked because the government and politicians benefit from it . Do you believe we consume 100million litres daily ? That's where the fraud is .

We consume probably about 70 million...the rest is most likely smugguled. Smuggling makes the consumption rate go up...and smuggling happens because in all our neighbours fuel costs above N300

So any guy can buy fuel here into 50 liter jerrycan at N165 per liter, sell it across the border at N365 per liter...and make a sweet profit of N200 per liter. And the smuggling happens everywhere...which is why subsidy has to go

Add the fact that Venezuela, for example, loses $18 bn to smuggling yearly. Fuel costs N40 there, and N400 and above in all its neighbours...now someone did the math....

The solution is not to punish the citizens by removing subsidy but on cost cutting

Like how. Even if we cut the National Assembly budget by half and Aso rock budget by half, it won't pay for the subsidy budget this year . Maybe just one third of it...half if we are lucky. Maybe one fourth..now that high crude prices=high subsidy.

eg...cutting the NA budget...maybe 700 billion naira at worst. Cut Aso Rock..500 billion. That gives us 1.2 trillion naira. Meanwhile NNPC wants to spend N3 trillion on subsidy...estimate, and the cost may go up to N5 trillion or more. Cutting cost does not cover up everything...plus it means that many constituency prjects...some of which in reality impact on the lives of the poor...would go unfunded.

(I did my NYSC in an area where the senator representing used some of that constituency money to fund scholarships for indigenes of the area. We cut spending there...where would the money for scholarships come from. Others use the money to fund small businesses for the youth. CUT THAT...unemployment results. Not all the constituency cash goes into stealing.)

Any serious government must subsidize .. if not the citizens suffer .

So, Ghana, Niger, South Africa, etc which don't have subsides are not serious. Indonesia which removed subsides a few years ago is not serious.

Plus countries that subsidise a) don't do it at the pump...they do it at the refinery b)they all pay taxes for the subsides. Not the one we do here where we fund it from the same crude oil we use to fund budget...meaning in bad years, we have to take more loans to cover up the losses from sudden increases in oil prices.

thesicilian:
Despite the fact that the Buhari government has proven time after time to be one of the worst in African history, one cannot ignore the verifiable fact that fuel scarcity has almost become a thing of the past for some time now. On this issue the dullard from Sudan seems to have done a little better.

But then it resurfaced meaning he never solved but hide the problem. He is about to leave office and can now let everything off to the dogs.

backbencher:

)



So, Ghana, Niger, South Africa, etc which don't have subsides are not serious. Indonesia which removed subsides a few years ago is not serious.

Plus countries that subsidise a) don't do it at the pump...they do it at the refinery b)they all pay taxes for the subsides. Not the one we do here where we fund it from the same crude oil we use to fund budget...meaning in bad years, we have to take more loans to cover up the losses from sudden increases in oil prices.

I believe in removing subsidy but not by a people who sworn over their dead bodijes that subsidy didn't exist. It was so bad, they called it under recovery to hid that they are paying it. Shameless liars.

dre11:
FACT CHECK: Have Nigerians Seen Only One Fuel Scarcity Under Buhari as Femi Adeshina Claimed? someone should break this




https://fij.ng/article/fact-check-have-nigerians-seen-only-one-fuel-scarcity-under-buhari-as-femi-adeshina-claimed/

someone should break this heatless femi's head naaaa

I love the analysis.

The objective and the subjective lots will have nothing to debate on tonight. The situation bite everybody.

As for Femi, he must blow his oga vuvuzelas to high heaven

It’s not a scarcity it’s not that there wasn’t fuel it was tainted fuel in circulation una owe me a fuel pump and filter sha so when una go start pyramid Abi we go queue again.

Release the good one

The question u should ask urself first is how much was fuel when he took over & how much is it now b4 u gv ur pass of failure mark,b4 now people can always full ther tanks & now people hardly unless maybe if they r traveling far b4 they fill ther tank,in conclusion people consume less now in his time & u shouldn't expect scarcity of the product,it's simple narrative

quote author=thesicilian post=110514240]Despite the fact that the Buhari government has proven time after time to be one of the worst in African history, one cannot ignore the verifiable fact that fuel scarcity has almost become a thing of the past for some time now. On this issue the dullard from Sudan seems to have done a little better.[/quote]

Talking strictly about fuel scarcity and not the price, Buhari has done well over the years. Fuel had been everywhere, the era of pump attendant being the big boys and girls due to fuel scarcity had been a story in the past.

That's not true.

tete7000:


I believe in removing subsidy but not by a people who sworn over their dead bodijes that subsidy didn't exist. It was so bad, they called it under recovery to hid that they are paying it. Shameless liars.

You too get sense.