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Nairaland Forum / Nairaland / General / Politics / Nigeria Owes NNPC $4.9 Billion Fuel Debt (7196 Views)
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Nigeria Owes NNPC $4.9 Billion Fuel Debt by iwaeda: 7:16am On Aug 20 |
The Federal Government owes the Nigerian National Petroleum Company Limited almost half of what it plans to collect in revenues this year for the petrol subsidy it reintroduced in August last year, Bloomberg reported on Monday. https://punchng.com/nigeria-owes-nnpc-4-9bn-fuel-debt-report/ 1 Like 1 Share
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by STEWpid(f): 7:22am On Aug 20 |
C h a i.. The monies that have been stolen! Nigeria in this case means the entire populace. Nigeria is not owing NNPC, Rather, it is NNPC that is owing us! 24 Likes 2 Shares |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Realtord43: 7:25am On Aug 20 |
It should be "Nigeria own subsidy cabals 7.8tn" Tinubu is one of many subsidy cabals thieves 52 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by BlackfireX: 7:25am On Aug 20 |
E build lagos, e reach time to build Nigeria cement finish 65 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Nbote(m): 7:29am On Aug 20 |
Anyone who understands Nigeria is abnormal 53 Likes 3 Shares
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by YeyeGbami: 7:30am On Aug 20 |
Put measures in places first, then remove fuel subsidy. Not the other way round 60 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by AFULA(m): 7:30am On Aug 20 |
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by tojahh(m): 7:31am On Aug 20 |
Nigeria dey owe NNPC It's too early to laugh abeg 33 Likes 2 Shares
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Sheuns(m): 7:31am On Aug 20 |
Organized scam. Before May 29 2023, fuel price was 185 naira to a liter. We had subsidy, dollar was about 700 naira. May 29, 2023: President said “Subsidy is gone” in his inaugural speech. Fuel price rose to over 300 per liter. A few weeks later “We have floated the naira” or “unified the exchange rate”. Dollar traded for about 1000 naira. June 12: Mr. President said in his democracy day speech, there was no going back on fuel subsidy removal. July: Dollar rate kept skyrocketing, prompting NNPC to readjust petrol price to “meet current realities”. Petrol sold for at least 568 Naira a liter. August 2023: Subsidy was reintroduced through the back door even though the federal government kept denying it. August 2024: The federal government has spent more than any government since 2005 in subsidy payment in 17 months. President, Senate president, Vice president asked the people to bear with them that the reforms will take time, yet the president bought a new Cadillac, a new Presidential plane, there’s also rumors of a presidential yacht which could have been bought. VP got a 21b naira residence, SP and his fellow senators got cars valued at over 160M naira each. Minimum wage given to the people is 70,000 Naira. Who is deceiving who? 57 Likes 8 Shares |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Guestlander: 7:31am On Aug 20 |
Billions to import products to be sold at a loss. 5 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by bigdammyj: 7:31am On Aug 20 |
Noted. |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Inosky: 7:31am On Aug 20 |
Sick people. Tinubu and Buhari are the cabals behind NNPC, the scam organization. 5 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Emeskhalifa(m): 7:31am On Aug 20 |
The more you try to understand this country, the more it gets complicated. 9 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by 89green: 7:32am On Aug 20 |
Nigeria borrow money from NNPC, borrow from China join 6 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by salbis(m): 7:32am On Aug 20 |
Lies don't last forever. 7 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by iwaeda: 7:32am On Aug 20 |
Realtord43:Reason he gathered some uninformed Nigeria at Ojota to shout subsidy is fraud. First day, he announced SUBSIDY IS GONE! Yet Nigeria have paid more for subsidy directly or indirectly since he came onboard. Anyway, what do you expect from someone nobody can authenticate his credentials. 19 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by dynicks(m): 7:33am On Aug 20 |
How LIES comes back to stare at you when all you've done with its name seem to have failed.... My friend...you realize you now have made us both look stupid and unproffesional!! 9 Likes
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by ecomalchemistt(m): 7:33am On Aug 20 |
Problem too much for this country 1 Like |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Maxymilliano(m): 7:33am On Aug 20 |
The more things change in the country , the more it stays the same 1 Like |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Namelesscoder: 7:33am On Aug 20 |
Is this another avenue to embezzle us? 3 Likes
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Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by MANNABBQGRILLS: 7:34am On Aug 20 |
What a funny title 40 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by ambale(m): 7:34am On Aug 20 |
Na when I folo una go borrow this money from NNPC? Make Una get sense ooo Na helinues and his fellow fools na Dem dey owe NNPC abeg I no follow 12 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Curious345: 7:34am On Aug 20 |
Nigerians owe NNPC abii Na bulabaa owe NNPC . Buhari =Fuel ₦168/L >>> subsidy @ ₦700m monthly Tinubu = fuel ₦980/L >>> subsidy @ ₦980b monthly 9 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by tuoyoojo(m): 7:35am On Aug 20 |
Wahala So the subsidy didn't go What subsidy did tilumbu remove then Why did they increase the pump price of fuel The people in power sucking the jugular of Nigeria can never be satisfied 5 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Olaide1295: 7:35am On Aug 20 |
Tinubu should tell Nigerians the truth. The landing cost of petrol is currently about #1200 per litre. The govt is subsidising so it can be sold at 650 at the fuel stations. Nigerians are too poor. We cannot afford the real price without subsidy. 4 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by ogastone(m): 7:35am On Aug 20 |
Laughable, who is nnpc and who is Nigeria? It means naija is owing naija 6 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by ejieddy: 7:35am On Aug 20 |
I thought Tinubu had great plans for Nigeria? I thought he had enough money and doesn't need to steal our common wealth? I thought he built Lagos? I thought he had people, boys he has raised? Is their goal to destroy Nigeria? So Subsidy gone is a scam! 11 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by money121(m): 7:36am On Aug 20 |
Ok |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Ebigwei007: 7:36am On Aug 20 |
Hellinus will not see this one to talk, nigeria is broken 5 Likes |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by Tetraozonaitera: 7:36am On Aug 20 |
WHO OWNS NNPC? ZIMBABWE? NIGERIA IS SICK MENTALY. I owe my company money. Both money and my company who own e be? Let every citizen get four litter gallon of fuel one day and kukuma burn down the useless thing and run go Ghana. Nonsense and Ingredients. Salt is not enough. 4 Likes 1 Share |
Re: Nigeria Owes NNPC $4.9 Billion Fuel Debt by mikywonder(m): 7:37am On Aug 20 |
post=131596662: Go and munch ur agbado 1 Like |
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