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Nairaland Forum / Nairaland / General / Politics / Oil Marketers Abandon Scheme To Break Subsidy Regime (26353 Views)
Atiku To Tinubu: Provide Clarity On The Fuel Subsidy Regime, / Fuel Scarcity Looms As FG, Oil Marketers Disagree On Pricing / Oil Marketers Cheat Nigerians By N198,500 Per Truck Of Product Sold (2) (3) (4)
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Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Risingblue008(m): 9:14am On Dec 11, 2022 |
Dz |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:19am On Dec 11, 2022 |
SLIDEwaxie: Tinubu has said he would remove subsidy. Atiku also appears to be coming round. Abiola of the PRP has said it bluntly that he would remove it. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by dustmalik(m): 9:20am On Dec 11, 2022 |
Beremx:Where were you since beginning of this year when the scarcity/queue started? I don't know of other states, but here in Abuja, we have not had a complete 30days free of queue since January. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Eriokanmi: 9:20am On Dec 11, 2022 |
Penguin2:Tinubu was doing all that to frustrate Jonathan's administration. He knew the removal of subsidy was the best option but because he too had been eyeing aso vila, unknown to many, he decided to look the other way. Useless man 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by shugamummy: 9:20am On Dec 11, 2022 |
Tell us how you agreed or disagreed with this your comment in 2012 when Tinubu occupied Ojota with his Agberos. Kobonaire234: |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Olowoeko11: 9:20am On Dec 11, 2022 |
Subsidy need to go I just wish Buhari won’t pass the burden to whoever wins the next election |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:21am On Dec 11, 2022 |
Penguin2: Why the fixation on Tinubu? Are Atiku, Sowore, Kwakwanso, etc. not in the race also. I'm sure you and the other Afghaneasterns know the answer. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Curious345: 9:21am On Dec 11, 2022 |
Subsidy will eventually be removed . It's only benefitting the north |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:23am On Dec 11, 2022 |
shugamummy: Oga, in 2011, my mind was woken up to how subsidy was wrecking Nigeria by the words of NOI, SLS, and company. Before then, I backed subsidy totally. I can even recall the arguments over subsidy from as long as 1993, and being in fuel queues from the early 1990's.... I don't back GEJ, bUHARI, TINUBU, Atiku, Obi, and have never voted PDP, or APC. So, take your question to a real APC supporter. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Zeezenho: 9:23am On Dec 11, 2022 |
Tinubu APC is the worst thing ever to happen to Nigeria may God never allow us see anything like them and their urchins again. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by toluxe0075: 9:25am On Dec 11, 2022 |
Ever since I read Okonjo Iweala’s book “fighting corruption is dangerous” I’ve stop disturbing myself about fuel and crude oil palava because it’s never ending. The kind of corruption going on in NNPC, within oil marketers, and the ministry of petroleum resources will never allow any solution in sight. NNPC is so powerful that whatever they do is final and cannot be queried or checkmated. Any president that really wants to solve the oil revenue generated and fuel crises palava will need to seat on NNPC neck and the ministry of petroleum resources because those two are just too powerful. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by baretalk: 9:26am On Dec 11, 2022 |
We can't allow greedy profiteers hijack our economy and hold us to ransom, withdraw their license. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by zamirikpo(m): 9:27am On Dec 11, 2022 |
Penguin2: I couldn't have put it any better.... |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by toluxe0075: 9:29am On Dec 11, 2022 |
Curious345:The north is not even benefiting from the subsidy but few individuals you will never know. Try to read Okonjo Iweala’s fighting corruption is dangerous. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by CodeTemplar: 9:29am On Dec 11, 2022 |
Kobonaire234:who owns the money being used to subsidized? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:30am On Dec 11, 2022 |
toluxe0075: Corruption and wayo in NNPC happens when you stop people from making profit selling fuel If you were doing business as a baker, and it cost you N1000 to bake a loaf of bread, and you want to sell the bread at N1500 to make a profit of N500, and then government comes in and tells you to sell that bread at N500 and take a subsidy of N500...MEANING...you make no profit...meanwhile the following month, the cost of baking that bread goes up to N1200...and government is still insisting on you selling it at N500... Yes, you would do wayo too. And you would violently resist anyone trying to stop you. You have mouths to feed, workers to keep employed, a factory to keep well functioning. 2 Likes |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:32am On Dec 11, 2022 |
CodeTemplar: ![]() Either we pay full market price at the pump, or we pay for it at IMF and WB HQ, with them imperials looking over our shoulder.... 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by toluxe0075: 9:33am On Dec 11, 2022 |
Kobonaire234: Exactly. That’s why this fuel subsidy issue should have been a thing of the past by now if the “you know who” in power had not resisted it back then. 10 years after, we are still here talking about it 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by zamirikpo(m): 9:33am On Dec 11, 2022 |
Kobonaire234: Regardless of the situation we have to get rid of subsidy.......obi would be a national hero if he wins and manages to keep his promise of removing subsidy... Subsidy in itself is not bad, but in Nigeria it is a BIG/MEGA scam.....I cant begin to enumerate the many flaws.......it has to be removed. Nigerians must prepare for hard times ahead........if we insist on subsidy we will continue to suffer, while a few people would become God's, because we are not actually benefitting from the so called subsidy. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:36am On Dec 11, 2022 |
zamirikpo: Amen, I hope that whoever takes over, they better remove it. But the problem is, and God knows I am not blind to it....is that the mass price increases that would result.... But even then, the subsidy thing is like a monster, it demands more and more and more food...and it cannot be stopped. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by slimfit1(m): 9:37am On Dec 11, 2022 |
Penguin2: Removing it is the right thing to do. The poor are not benefiting from it. They have years and years to correct it. All they needed to do was flood buses out all over the country, then find a company to manage it then take it out. Subsidies diesel for the buses companies. Very simple if you want to drive it's your problem, if you can afford it good if can't go and get the bus, Abacha did that. 2 Likes |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:38am On Dec 11, 2022 |
toluxe0075: Lol...the guys did not know what they were doing. You know who was using his hand to stab himself in the back... But assuming they supported subsidy removal then, Nigerians would have promptly labelled them GEJ slaves. And some other enterprising politicians would have stepped in to fill the gap. (Opportunities, opportunities!). The problem is, most Nigerians still back subsidy. Even opponents of you know who. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Lisaint(m): 9:52am On Dec 11, 2022 |
toluxe0075: Sir do you have a pdf of that book by madam Iwela |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 9:53am On Dec 11, 2022 |
At nnpc website 148# per litre but depot is selling 210 and above while filing station is selling 280 and 300 which is the government so wicked the regulatory bodies so mean and someone is paid to try and convince us while subsidy should be removed instead of jailing the people doing this Just look at this guy comment on issues on subsidy Kobonaire234 1 Like 2 Shares |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 9:56am On Dec 11, 2022 |
Npfn: ![]() You don't know how much NNPC brings the fuel into the country.... ![]() Petrol landing cost in Nigeria is N510 per liter. N510. NNPC then sells it at N148..... And last year June it was N361..... Let us not forget that it costs more money to transport the petrol...since petrol trucks run on diesel...whose prices are higher nowadays...at N800 and rising. The cost is becoming too much for NNPC to bear...hence the queues. DSS is just pretending that it is a matter of greedy Nigerians.... Even if they refine fuel in Nigeria...it won't cost less than N400. Keep on calling me evil. Meanwhile...petrol costs MONEY. Government will soon come and pay the sector its money. They know...they all know. ![]() 3 Likes |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by CheapHomes1: 10:03am On Dec 11, 2022 |
JoeNL22: Who are the "we"? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by codedguy1(m): 10:08am On Dec 11, 2022 |
SLIDEwaxie: This is where the issue is. Its a matter of trust. They remove the subsidy, the price of fuel goes up and the things they said they would do to alleviate the hardship is not done. So we suffer both the subsidy removal and the lack of provision to alleviate the hardship. So Nigerians are opposed to the removal because we don't trust these politician thieves. Now they are experimenting a new dimension. There is subsidy in the budget and the fuel price is now above N240 per litre. Is that not develish? Those collecting subsidy are collecting while the fuel price is going up. Right Now IMO Obi is the only one that we can even try to trust to do the needful. Let tribal, religious and ethnic sentiments no becloud our judgement in this election. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by CheapHomes1: 10:09am On Dec 11, 2022 |
Kobonaire234: Oga, who made price of diesel to be N800? The same you who has been advocating for petroleum products price increase is now complaining about the impact of the price of diesel on transportation of petroleum products ![]() ![]() |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by JoeNL22(m): 10:10am On Dec 11, 2022 |
CheapHomes1:Nigeria as a whole! |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by kellyzaf(m): 10:10am On Dec 11, 2022 |
JASONjnr: Bro the question is who is the minister of petroleum in Nigeria, simple question bro no.need all this ur explanations. This why some people failed in the Exams. ![]() ![]() |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by CheapHomes1: 10:12am On Dec 11, 2022 |
Kobonaire234: First of, pls define what subsidy means and then tell us what is wrong with subsidy? When you say fuel subsidy should be removed, pls how much of the subsidy has been removed till date and how much subsidy is left to be removed? 1 Like |
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