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Nairaland Forum / Nairaland / General / Politics / More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue (12651 Views)
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More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Racoon(m): 2:04am On Apr 30, 2021 |
-The announcement by the NNPC will have telling consequences for the nation's economy. More trouble for Nigeria as fuel subsidy wipes off oil revenueThe announcement by the NNPC will have telling consequences for the nation's economy.https://www.premiumtimesng.com/news/headlines/458163-more-trouble-for-nigeria-as-fuel-subsidy-wipes-off-oil-revenue.html 1 Like
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Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by slimfit1(m): 2:09am On Apr 30, 2021 |
Which goodnight Nigeria. 2 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Lordave: 2:12am On Apr 30, 2021 |
Now is time to explore the Gold in Zamfara and Sokoto so we can sustain the economy since oil production has failed. 93 Likes 7 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Racoon(m): 2:13am On Apr 30, 2021 |
Whao! Yet NNPC was doling out a whooping $15B allegedly to revamp the moribund PH refinery? Why cant the government hands off inport, price regulation of petroleum products and let the market forces determine what happens thereafter. Now, they have looted so much to pay a fraudulent subsidy or subsidy under-recovery that they rightly called fraud but opted for the corruption because the NNPC have simply been the no-1 cesspool of endless corruption with successive governments. 24 Likes 5 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Racoon(m): 2:14am On Apr 30, 2021 |
Governor Godwin Obaseki was right.The government lied as in it characteristic trademark.The beginning of the end The main source of Nigeria's economic sustainance and GDP has dried up. Where will they governors get their allocations from or they will start austerity measures? Inflation is already @ double digits figures while unemployment is frightening coupled with other ills bedevilling this failed nation.Brace for impact people. 71 Likes 10 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by stonemasonn: 2:18am On Apr 30, 2021 |
Poorly managed country. 9 Likes 2 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Gondonu: 2:25am On Apr 30, 2021 |
Awon were! |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by ThatFairGuy1: 2:37am On Apr 30, 2021 |
At this trying time we're as a Nation, can The legislative arms sacrifice their humongous salary for months till we get relieved! Or until they experience mass action from angry citizens ![]() 4 Likes 1 Share |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by PROUDIGBO(m): 3:14am On Apr 30, 2021 |
Good! ![]() Another 6 consecutive months of this and we can finally separate the men from the boys! 21 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Freestainworld(m): 3:17am On Apr 30, 2021 |
They will sell fuel at 500 per litre before the end of this administration. 22 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by inoki247: 3:31am On Apr 30, 2021 |
we no kuku understand the country again if u ask why the country is not developing dem go say na bkuz say oil low for international markets. E don dey rise now na anoda excuse laik diz... So if oil hit $1000 per barrel laik diz e mean say we go over nd too suffer.... 24 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by owobokiri(m): 4:10am On Apr 30, 2021 |
A big scam is going on in the petroleum ministry! Buhari made himself the Minister of Petroleum and appointed his tribal henchmen as subordinates in the NNPC. Pump price has been going up steadily since he came to office, and the excuse was that the so-called subsidy has been removed. Yet, it has now gotten so bad that the ministry can not remit anything to the federation accounts! Every aspect of the NNPC is strategically manned by a northern muslim appointed by Buhari! The North produces no oil! People! This is a generational heist going on here! I wouldn't be surprised if 5 years from now, we come to find out that the oil and gas wealth of the indegineous communities in this country is being used to subsidize populations outside the shores of this country.. Buhari has more billion dollars projects in places like Niger Republic than he has in say the Niger Delta! There is no way you look at the petroleum ministry under Buhari without having a feeling that something outlandishly evil is going on.. 58 Likes 7 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Karlovych: 4:22am On Apr 30, 2021 |
![]() ![]() Sai 4+4 13 Likes
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Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by musa234(m): 4:28am On Apr 30, 2021 |
Buhari and his cohorts have killed this country, that it will take years to rebuild.. If you have the means, please leave for good and dont return until this dunce leaves. 3 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Lordave: 4:53am On Apr 30, 2021 |
This same Northern Nigeria Petroleum Cooperation under Terrorist Buhari has been stealing billions of Naira in the name oil exploration in the North with no drop of oil found in the past 6 years. There shall come a time when all the animals who are foolishly supporting this Fulani government will look back at how dense they were for selling their worthless lives and that of their kinsmen for 30K, 50k, 1M or whatever they’re paying you lots to remain eternally zombified and submissive to their evil and selfish political hegemony. With all these stealings in the Centre, hyperinflation in the South, you don’t need a soothsayer to tell you that the North is more equipped in the event of a break up of this country. The North has stolen a lot from Nigeria to sustain them for decades. This people do not really feel like or consider themselves Nigerians, they see Nigeria as a farm owned by their slaves where they can harvest whatever they want unchallenged without cultivating or bringing anything to the table. They have allies in Niger, Chad and Mali. These ragtag allies are always combat ready to die for the Fulani Muslim agenda or why do you think Buhari took billions of dollars in loan to facilitate the construction of a railway to Niger Republic? You think Chad won’t get their own Rail route to Nigeria too? All these loans to develop another country and easily import terrorist into Nigeria while Nigerians bear the brunt of paying back these loans. Basically, Nigerians are paying for their own decimation. By the time y’all realized this, it would be too late to salvage anything left of their evil domineering agenda. 29 Likes 2 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by eejo(m): 4:53am On Apr 30, 2021 |
I pity State and Federal workers because many don't have savings and States Government have no savings. Welcome to era of no Salaries. 7 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Lordave: 5:04am On Apr 30, 2021 |
eejo:There is still enough money in Nigeria to even ease the effects of the present inflation, unfortunately Hausa and Fulani have stolen much from the National purse, they seem quite self sufficient while the whole South keep on looking like sheep. 4 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Fejoku: 5:26am On Apr 30, 2021 |
Lordave:Very foolish southerners who can't see beyond the pettiness around them. They're being reduced to eternal slavery and they don't even know it. 6 Likes 1 Share |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Fejoku: 5:29am On Apr 30, 2021 |
Lordave:Yet foolish southerners want the same Nigeria to continue. Are some black people so dumb not to be able to figure out things as simple as this. 15 Likes 3 Shares |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by tit(f): 5:32am On Apr 30, 2021 |
When is Emefiele's tenure ending? 2 Likes 1 Share |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by azpekuliar: 6:21am On Apr 30, 2021 |
Is anybody surprised? We were forwarned last month 10 Likes 1 Share
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Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by FarahAideed: 6:21am On Apr 30, 2021 |
Buhari should first tell Nigerians how fuel consumption shot up from 23 millon litres a day to over 60 million litres a day in his govt .. 12 Likes 1 Share |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by renegades(m): 6:21am On Apr 30, 2021 |
Hmmm.. |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by aaa14bd1083: 6:22am On Apr 30, 2021 |
kanu's handwork ![]() |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by sammyj: 6:22am On Apr 30, 2021 |
The government should stop all these threats and start refining fuel in Nigeria rather than continue with this SCAM called fuel importation and subsidy. If this persists then this government will be the SCAM of the century !!! ![]() 1 Like |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by BruncleZuma: 6:22am On Apr 30, 2021 |
Fuel subsidy to who, if you dare Sai Baba or Darling Daddy this morning make Zoboere kpai your generation. 5 Likes |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Koralords: 6:23am On Apr 30, 2021 |
Make them sell this country,Apple is now 4 for 500,Apple 10 500 before, 1 Like |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by iampeterben(m): 6:24am On Apr 30, 2021 |
Racoon:Why won't they be troubles when all they do in this government is chop and borrowing. Make una nor worry 2023 is just a stone throw una go waka. |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by Yus2020: 6:24am On Apr 30, 2021 |
stealing from the south to empowered the north APC plus Buhari has destroyed Nigeria in just 6yrs beyond repairs |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by money121(m): 6:25am On Apr 30, 2021 |
Lobatan |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by knowhowk: 6:26am On Apr 30, 2021 |
Sai Baba ..I Doff My Hat ,Our darling daddy is doing Great .All those people that says otherwise are Enemies of our Nation .D Grill Man what do u think sir |
Re: More Trouble For Nigeria As Fuel Subsidy Wipes Off Oil Revenue by StaffofOrayan(m): 6:26am On Apr 30, 2021 |
Before 2023, people no go understand wetin push dem come outside to protest, Coz while the country gets harder, the killings would double |
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