helinues:
Oil marketers are one of the problems we have in Nigeria. They are just too selfish with everything

helinues:


Imagine once a Pdp supporters on this forum claiming saint..

Would any of the presidential candidates removed fuel subsidy without Nigerians goin through some hardship for some time

You people are not interested to face the reality of things apart from blaming games

helinues:


Importation of some products must be reduced to start with, what's the meaning of importing fish, Turkey, books, toothpicks, the annoying part we make our native wear here and also sew it, same as shoes, why are we still Importing second hand clothes and shoes?

We waste our forex reserves importing unnecessary things

nairalanda1:


All in all, at the end of the day, price controls that you are subtly advocating , never ever worked.

You won't let government set your price. So, stop complaining about rise in fuel price. It's called capitalism. It's not the best system in the world.

..but sadly people WANT TO BE PAID.

And here we are.

MarketDispatch:


We have no reason to endure any hardship or difficult time. Stop typing Balderdash to be hoping and praying. Hoping and praying does not fix anything.

The refineries we keep talking about, are they not paying Salaries every month? The Crude Oil that used to go to all the refineries where do they now go to? Have the supply been shut off? Who is the Maintenance Manager of the refineries...why has the Maintenance manager or maintenance department not been replaced for many years to get a functional maintenance team in place to get results.

Hoping and praying is not a Solution.

nairalanda1:


Fixing the refineries won't have caused a reduction in price by much. (Some say N70).

The refineries still have to be maintained, and repaired and kept in good working order, and they still have to pay workers at competitive rates. Guess what, we still have to import components for the refineries from abroad, then they have to pay taxes, and pay for community projects.

And all that costs money.

Fuel isn't cheap. Niger, Ghana refine fuel from domestic crude, and fuel costs above N800 in both countries.

nairalanda1:


Well, it starts by ensuring that the refineries would be profitable once in operation, and that can only happen if subsidy is removed.

Because, many private refineries have to look for financing from banks, and if the bank ain't sure they would see their money again, they won't lend.

Hence subsidy has to go.

Bebigiby1:
Fixing the refineries would've caused a reduction in price over time because the government will have better insight on how much petrol Nigerians consume and can properly subsidy the cost of refining if the local refineries are working. You see commodities like petrol is key to the economy because it has a direct impact on Nigeria's manufacturing and production sector, it has to be subsidized to ensure stability in critical sectors of the economy. Fixing the existing refineries or building new ones through PPP (Public Private Partnership) will also encourage competition which will drive the price of petrol down overtime.....

Holla911:


How could he have repaired the refineries while paying subsidy ?
One had to go for the other. We have no choice but to endure the difficult time while hoping and praying our leaders get it right.
The current hardship is a global pandemic.

nairalanda1:


Fixing the refineries won't have caused a reduction in price by much. (Some say N70).

The refineries still have to be maintained, and repaired and kept in good working order, and they still have to pay workers at competitive rates. Guess what, we still have to import components for the refineries from abroad, then they have to pay taxes, and pay for community projects.

And all that costs money.

Fuel isn't cheap. Niger, Ghana refine fuel from domestic crude, and fuel costs above N800 in both countries.

Holla911:


How could he have repaired the refineries while paying subsidy ?
One had to go for the other. We have no choice but to endure the difficult time while hoping and praying our leaders get it right.
The current hardship is a global pandemic.

CodeTemplar:
What if crude rises to $150 a barrel?

Fixing a deregulated price is a wrong idea. It gives false hope to consumers.

Holla911:


How could he have repaired the refineries while paying subsidy ?
One had to go for the other. We have no choice but to endure the difficult time while hoping and praying our leaders get it right.
The current hardship is a global pandemic.

helinues:
Oil marketers are one of the problems we have in Nigeria. They are just too selfish with everything

helinues:


It's only in Nigeria whatever goes up never come down most especially the price of goods and services

nairalanda1:


Fixing the refineries won't have caused a reduction in price by much. (Some say N70).

The refineries still have to be maintained, and repaired and kept in good working order, and they still have to pay workers at competitive rates. Guess what, we still have to import components for the refineries from abroad, then they have to pay taxes, and pay for community projects.

And all that costs money.

Fuel isn't cheap. Niger, Ghana refine fuel from domestic crude, and fuel costs above N800 in both countries.

helinues:
Oil marketers are one of the problems we have in Nigeria. They are just too selfish with everything

WildChild00:
Hardship looms, Tinubu ought to have fixed the refineries before removing subsidiaries, now hardship knows no party affiliation, both Apc, pdp, labour party supporters feels the pains.

Obeysco:
May God destroy all the enemies of common Nigerians..

SemperFid:


Somebody that wanted tinubu to be president by all means did this to an innocent woman.

Her pains will hunt Nigeria forever.

Holla911:


How could he have repaired the refineries while paying subsidy ?
One had to go for the other. We have no choice but to endure the difficult time while hoping and praying our leaders get it right.
The current hardship is a global pandemic.

tsdarkside:


importer of every rubbish from abroad....

stfu....