Nigeria is a cabal run state.
When Buhari said there was no subsidy paid anywhere people thought he wasn't saying the truth. If the landing cost of fuel today is 1000 going by $1 going for #1600 what was the cost when a dollar was less than #200 when Buhari said that? By mathematical ratio without subsidy fuel should go for #125. But then fuel was being sold for #149 even with claims of subsidy.
The more you look at Nigeria the less you see.

They should up their game that's how we stopped importation of essential foods items and we retrogressed. Omo viable option is that there should be a free market. No room for favoritism

ojuu4u:



Give ur phone to someone who understands english language very well, let him interprete it for u in igbo dialet.


It's obvious you can't comprehend the post.

Federal Government is working against local refineries,operators cry out

I am solidly behind Tinubu this time around, when the federal government closed borders what happened to the price of food in the country? I don't trust our business men they are wicked people

adenigga:



Source: https://punchng.com/Fuel-import-FG-working-against-local-refineries-operators-cry-out

Now I understand the sudden wailings of Dangote....

Government of the wicked, by the wicked, for the wicked

sIfioksq:
It's great to see the FG prioritizing fuel import to stabilize the market. Local refineries can still play a crucial role in our economy. Let's hope for a balanced approach that benefits everyone involved.

Ole, how does importing fuel stabilise the market? The bribe that the Tinubu government is paying is not enough to lose your dignity and self-respect.

Eriokanmi:
Did you read the news piece at all?

Federal Government is working against locals refineries

Don't mind him, d guy is high.....

The FG gave you guys the license but you didn't refine but import crude at cheaper price and sell outrageously to Nigeria. It's only PBAT that has everyone's medicine and he will serve them all. Sanity must return by force, the era of round tripping of FOREX is over. Greedy local farmers will also start their wailing soon bcs massive importation of food will choke & consume them

The importation needs to continue so that Dangote oil will not be like Dangote cement that is more expensive than imported cement. Nigerians expected Dangote oil should be less expensive than imported oil like Diesel, Nigerians will prefer the cheaper one but rely solely on Dangote is dangerous as there won't be price competition.

quote author=adenigga post=131062689]


Source: https://punchng.com/Fuel-import-FG-working-against-local-refineries-operators-cry-out[/quote]

Nigeria is being (and has always been) run by fvcking idiotts.

The DG of Mid / Downstream Petroleum Regulatory Authority should be removed.

Emilokan Govt is corrupt from the look of things .. some terrible elements are in the system to cripple average Nigerian but God will uproot them by fire by fire .

MaziObinnaokija:
Those people like Farouk Ahmed are saboteurs. I laughed at the foolish man so called interview. Corrupt set of people

He is amongst the real Nigeria enemies ,plus others in the corridors of Power- NNPC, DISCOS, and other MADs- Ministries, Agencies and Depts - should be Scrapped - for Nigeria to Breathe!
Failure for Tinubu's govt to do this,by sacking them,Nigeria will just be Merigo-rounds in affairs of Economic Developments because of Centrifugal and Centripetal Forces!

sIfioksq:
It's great to see the FG prioritizing fuel import to stabilize the market. Local refineries can still play a crucial role in our economy. Let's hope for a balanced approach that benefits everyone involved.

I don't know why some of you jagabandits are so shameless, What happened to your so called buy locally made to grow naira crusade
Everything this government does is OK by you
Which country survives with this kinds of people as her citizens

Tụfịakwa

Why will the FG continue importing petroleum products into a country that has a raw materia for all the products, this is to show that the people there careless for peoples wellness,

Importation of fuel by one of the largest producers of crude oil.

Augustine2244:
Lol! Renewed Shege is really on in full force.By the time BAT is done with Nigeria,Haiti would be a paradise compared to her.
No sensible and responsible government would like to be still wasting resources importing petrol while refineries are there.
And the useless government has been promising to fully activate the existing refineries to full operation capacity,yet nothing tangible has occurred with those refineries. But even if they go eventually into full refining capacity, the useless government would still find a loophole to be wasting funds on importation of fuel.

Nonsense! Let the market decide these things. Government tampering is how we got to where we are today. If the refineries are doing so well, the market would reveal this.

Chinkoalhaji34:
The operators should stop crying and start refining locally. This is a good opportunity for them to showcase their ability to refine locally instead of depending solely on importation.

Na wa oo!

Stay away from drugs... read before talking

sIfioksq:
It's great to see the FG prioritizing fuel import to stabilize the market. Local refineries can still play a crucial role in our economy. Let's hope for a balanced approach that benefits everyone involved.

sakbio:
The importation needs to continue so that Dangote oil will not be like Dangote cement that is more expensive than imported cement. Nigerians expected Dangote oil should be less expensive than imported oil like Diesel, Nigerians will prefer the cheaper one but rely solely on Dangote is dangerous as there won't be price competition.

I suspect Dangote is behind the write-up!

They tax citizens, and wont let them use the nations treasures to make means of survival for themselves.

They really want that Faruk out by all means. Then put in a stooge that will allow Dangote sell his sulfuric oil

This matter may appear simple to the onlookers the way the media presents it: crude oil is one tool that Nigeria, over the years, has deployed in terms of international diplomacy.
It is also at the top on our political economy discussions.
Y
Because it's one item that is sensitive to national security, development and advancement.

1. It's important to note that in as much as I don't support Dangote's requests to FG to stop importation, local refiners must be supported by govt.and it's agencies.

2. Much of the bilateral and multilateral pacts that Nigeria has entered into have been covenanted or sealed by this crude. Hence, her hands are tied because she can't just revers this deals as easy as we think.

3. We can not rule out the corruption. Most Nigerians are feeding big time on the current position of things in the oil industry and won't want any shift in the status quo.

Kobojunkiee:
Nonsense! Let the market decide these things. Government tampering is how we got to where we are today. If the refineries are doing so well, the market would reveal this.

You have a solidly valid point here.

If the FG allow local refineries and regulate them without tribalism and favouritism there will be petrolum products and it will be safe

We have said it many times ,those refineries will never work except maybe that if Dangote . When atiku said he will sell it and when obj wanted to sell it ,people didn't understand the reason . Those refineries are just an ATM machines for politicians .
How can we stop fuel importation when fuel subsidy payment has rise to almost 2 trillion naira monthly!
At this stage in Nigeria ,only a mad military government can save nigeria

What do you expect from a government that does business on its citizens at all cost. Twifiakwa!!

if Emol fire them,another set will come and loot/carry on.Hope u read the interview of that bandit Turji.ATIKU etc are behind these unrest up North.U see El rufai,ATIKU, Kwankwasako ,those elites are behind the suffering/food crisis we are facing

Bluntemperor:


He is amongst the real Nigeria enemies ,plus others in the corridors of Power- NNPC, DISCOS, and other MADs- Ministries, Agencies and Depts - should be Scrapped - for Nigeria to Breathe!
Failure for Tinubu's govt to do this,by sacking them,Nigeria will just be Merigo-rounds in affairs of Economic Developments because of Centrifugal and Centripetal Forces!

ELIMINATE KYARI TO SAVE THE NIGERIAN CITIZENS, BUT YOU GUYS SICK NOWADAYS, BY NOT KNOW WHAT NEXT

kayjoasy:
What do you expect from a government that does business on its citizens at all cost. Twifiakwa!!

when you the citizen decide to choose the wrong person for leadership job

Naughtyyking:
They tax citizens, and wont let them use the nations treasures to make means of survival for themselves.

YOU MEAN THE NIGERIAN CITIZENS WHO FAILED TO CHOOSE THE RIGHT PERSON FOR THE LEADERSHIP JOB,WE HAVE TO PAY THE PRICE