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Nairaland Forum / Nairaland / General / Politics / Oil Marketers Abandon Scheme To Break Subsidy Regime (26343 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 CheapHomes1: 1:19pm On Dec 11, 2022 |
Penguin2: Why can subsidy no longer be sustained? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Chemlite: 1:20pm On Dec 11, 2022 |
The gov't shouldn't complain. They should make fuel available and affordable. When you support bad policy just for politics, you shouldn't complain. They wanted power, here's power use. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by OmegaAutos: 1:23pm On Dec 11, 2022 |
An average Nigerian is wicked by nature... I went to buy fuel this morning and to pay with POS only for the attentant to tell me she will charge extra 100 for paying with POS.. I created scene there before she agreed to sell, despite the fact that their one litre is not accurately a litre... No one is checking all these things..evil everywhere |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by CheapHomes1: 1:28pm On Dec 11, 2022 |
Raheeqilmaktoom: Why is fuel subsidy removal long over due? What exactly is subsidy? Who is going to increase investments in upstream and downstream? Is lack of money the reason for the lack of investments? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Bluntemperor: 1:31pm On Dec 11, 2022 |
FrancescoFarino: Today,we are a analysing how the Oil Industry has turned to become an albatross instead of a blessing to over 200 Million Nigeria Population! Is that how ARAMCO of Saudi Arabia is run! Many of us are just very Unpatriotic,Wicked and foolish for we care less on the plight of the suffering Masses and the Youths! More so,the Political Class have run down this Country with different excuses and unfortunately, even their Children too are now feeling the heat! • God gave us Crude Oil since the 1960s- at Oloibiri,yet we can't process it for-- PMS( Petrol), Diesels, Aviation Fuel,Black Oil, Kerosene ,Creams,etc. by so reducing our Employments! We decided to be exporting it abroad - thereby creating thousands of Jos to those Countries while the Imported Ones are even fake ,as we witnessed last year)! No be JuJu be that! We are not serious at all and become indiciplined! We shall all enjoy Nigeria- good or otherwise,we are all in it! Your Leaders have mislead you! 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Oyiboman69: 1:33pm On Dec 11, 2022 |
Kobonaire234:it seems difficult for you to understand that subsidy can never be removed. the poor economic situation will never sustain it because, you remove subsidy and everyone is buying at the rate of 500# for example... what will then happen when the naira depreciate against the dollar?. more increase in price of the commodity will be imminent. however the case may be,who is going to pay the deficit of the imported product?. won't we be complaining of another increment when subsidy is just being removed?. the government who will try to escape the fury of the masses will secretly or openly pay some part of it again and,here you have your subsidy resurfaced. subsidy can never be removed since we import the commodity and cos our refinery are in shambles also our electricity are also in a sorry state, and some of our greedy leaders are benefiting from the subsidy 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Whitelion07(m): 1:35pm On Dec 11, 2022 |
Kobonaire234:You lie! Until there is steady power supply, I mean 24hrs power supply all round Nigerian, no government will succeed in removing fuel subsidy completely. 95 percent of Nigerians rely on fuel to do business and power their homes. You must have the necessary things in place for the people, before you can mention that word subsidy removal. What is the need in having a government in place if it can't alleviate the sufferings of her citizens? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 1:36pm On Dec 11, 2022 |
Kobonaire234:you have no right to talk about subsidy removal it shows you have been paid to sell this to the masses and program there mind even DSS confirmed that there is an underground sabotage ongoing and here you want to remove subsidy when you can't even regulate the thief's that buy at 141 and sale at 300 you don't have shame you like seeing Nigerians suffer I know you type keep justifying nonsense |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:00pm On Dec 11, 2022 |
Npfn: NNPC brings in the fuel at N500, sells it at N141-80 naira ....and the thieves sell it at N180, while their costs of transport have gone up this year because diesel has jumped up in price. Then the roads are bad. NNPC brings in fuel at N500 per liter. Sells it to depot at N140. Last year they were bringing it in at N261 per liter. Guess who pays the difference...the poor. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:02pm On Dec 11, 2022 |
Whitelion07: Sorry, I don't argue with people who call me a liar. It shows they are not ready for a discussion. Come back when you have matured a bit. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:05pm On Dec 11, 2022 |
Oyiboman69: Well, on the other hand, when the cost of making fuel goes up, and we still insist on buying fuel at N180 or N40 because...the money to pay the difference is going to come from our budget. Iran has a nice subsidy going on and even has all their refineries working......and a debt that makes ours look like kids play. If you were baking bread at N1000 a loaf, and you sold it at N1500, and government came in and told you to sell that bread at N300 ....the bread that cost you N1000 to make....to help the poor...will you help the poor? 2 Likes |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:06pm On Dec 11, 2022 |
Kobonaire234:nnpc does not bring in fuel at 500naira please stop lying even in this thread it is stated that it's sold to them around 141 and there are regulatory bodies to monitor the marketers so they can sale for 165 and 170 alot of filling station in Lagos is selling this price like bovas and others while some other marketer's is selling 300 because DPR and other regulatory bodies are not doing there monitoring here in island the taskforce is fully on patrol same in some places in Abuja do not come here to convince the masses to remove subsidy it won't work now so tell them to stop paying you for your lies and propaganda the poor masses will win and there is report the dss will begin clamping down this week and alot of filing station will be sealed. It's fact not all this lies you saying 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Unigrad: 2:06pm On Dec 11, 2022 |
Kobonaire234:If the money budgeted to repair the refineries were properly used and our refineries are working optimally that we don't need to import fuel, do you think we will still be talking of subsidy removal? Will price of fuel be high as this? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Lisaint(m): 2:06pm On Dec 11, 2022 |
Olowoeko11:08189633717 Thanks in advance sir |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:08pm On Dec 11, 2022 |
Unigrad: Erm....the money budgeted for the refineries is not enough , let's be frank.(Plus it is part of the corruption too). Also, even if we used the money and it magically got the refineries to work...so long as you are selling something that costs N500 at N170 or lower, where is the profit going to come from to keep the refineries running well enough? |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:10pm On Dec 11, 2022 |
Npfn: Good afternoon. Petrol landing cost now N510 per liter For once, I wish I was lying. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:12pm On Dec 11, 2022 |
Kobonaire234:it is not and there won't be removal of subsidy this week alot of clampdown will begin on those selling 300 and alot of filling station are now selling 165/170 and that is increasing so as for subsidy none will be removed and no justification can make it to be removed for now |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:15pm On Dec 11, 2022 |
Npfn: Well, since you are in denial...i bid you farewell. You have the truth staring at you in the face, and you don't want to see it. Stop crying. Face the truth. Petrol is expensive. God knows I wish it wasn't. And grow up. You have called me a liar. That is immature and sad of you. 2 Likes |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:23pm On Dec 11, 2022 |
It's not immature you see the truth and all you doing is to justify your pay by government petrol is not sold 510 and masses are not the cause or reason why the subsidy should be removed instead advocate that regulators work and do their job any one can read your intention and that you paid to attack the subsidy so that been said enjoy your works on selling your works Kobonaire234: |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by almarthins(m): 2:24pm On Dec 11, 2022 |
Penguin2: Obi ke? I doubt if Obi will do that. No be so we say of buhari. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by almarthins(m): 2:26pm On Dec 11, 2022 |
Kobonaire234: ![]() Kobojunkie! I hail o |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:28pm On Dec 11, 2022 |
Npfn: Like you don't get it...NNPC imports fuel at a cost of N510 as at November and sells it at N140 to market...although it is as high as N180-210 in practice. That means NNPC is spending about N360 at least to subsidisie one liter of fuel...and when you add that up, that is a large chunk of our budget gone. At the end, we have to take loans to cover the hole. And the cost keeps rising. In June 2021...NNPC was spending N261 to bring in one liter. By the middle of the year it was N367...and now it is N510. Plus rising diesel costs...diesel is now close to N800 up from N400 last year....means that cost of transporting that fuel has gone up. Either way the poor suffer. And yes, you are immature. You keep on abusing me, calling me a liar, and calling me an oppressor, and refusing to back down. You are very immature. Better grow up. Abusing people online cannot get you far. Thank you. Now that is all I have for you. If you don;t get it...sorry. 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:29pm On Dec 11, 2022 |
almarthins: I'm not kobojunkie the nairalander. Don't know him or her from Adam. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by almarthins(m): 2:32pm On Dec 11, 2022 |
Kobonaire234: Ah mogbe! E ma GBA mi. Make I just admit say u no be kobojunkie. Happy sunday |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by IbeOkehie: 2:37pm On Dec 11, 2022 |
Kobonaire234: Dear Sir, there's nothing you can say to convince Nigerians on this matter. Poverty has destroyed the minds of the Nigerian people. All they care about is CHEAP and FREE, every other thing to them is gibberish. Cheap fuel, free university, cheap forex, cheap electricity...cheap cheap cheap free free free...government must pay for everything. Something as simple as - NNPC is sole importer and pays 500 to import and sells to Nigerians at 140...and ORDINARY NIGERIANS buy and smuggle the same petrol to Benin Republic and Cameroun. And people come out to argue in support of keeping such a scheme! Next they will start raking about domestic refining. We shall see how Dangote will sell to Nigerians at 140, I can't wait. Poverty has destroyed the minds of Nigerians! 1 Like 1 Share |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:44pm On Dec 11, 2022 |
Keep on lying and do your best to blame the masses and trying justifying your pay to lie about the subsidy even a blind man can see your antics enjoy your day we know you for what you are leaving the regulatory and wicked marketers and trying to blame the masses Kobonaire234: |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:45pm On Dec 11, 2022 |
Npfn: This one does not yet realize that this is just a website. He is too emotionally involved in a website. That means there is something more that he is not telling us. |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:49pm On Dec 11, 2022 |
No body is emotional here you lie and try justify removal of subsidy when the thread is saying the price marketers are getting it to be 140 to 181 and same marketers have regulatory bodies even DSS stated there is economic sabotage and your here to downplay it and try confuse people and blaming the poor masses there is no were fuel is dispatched 510 in Nigeria so stop Kobonaire234: |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:50pm On Dec 11, 2022 |
Npfn: Why are you so upset? Is everything all right with you? You seem to be too emotionally invested in this site.... 1 Like |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Npfn: 2:54pm On Dec 11, 2022 |
Paid agent all your thread is about removing subsidy and you trying to blame the citizens for regulator's failing on there part I pray you one day reject the payment they give you to push your agenda your beyond redemption Kobonaire234: |
Re: Oil Marketers Abandon Scheme To Break Subsidy Regime by Nobody: 2:55pm On Dec 11, 2022 |
Npfn: How much do they pay me then? |
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