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FG Returns Petrol Subsidy, Retains Official Pump Prices - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Returns Petrol Subsidy, Retains Official Pump Prices (57259 Views)

FG Petrol Subsidy Now N26 Per Liter / Petrol Subsidy Returns As Nigeria Pays N28 Per Liter / Oby Ezekwesili Speaks On Petrol Subsidy Removal (2) (3) (4)

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Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by ceejay80s(m): 6:24am On Apr 03, 2016
ajieh21:
FG is trying to give Nigerians the best option

. The government is not confused
Don't mind nigerians and nairalanders, u give them meat,dem go complain, u no give dem meat, dem go complain

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by kenyguy(m): 6:30am On Apr 03, 2016
Good news.
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Hibiscuss(m): 6:31am On Apr 03, 2016
Martins301:
Please guys, how much can I get a secondhand 15.6 screen for my laptop? Just discovered it has been damaged.

Toshiba?
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by shalomp: 6:32am On Apr 03, 2016
[color=#990000][/color][quote author=amaechi1 post=44357427]

Nigerians will also complain even when decisions are taken in their favour. In the bid to alleviate the suffering of the people, the government return subsidy payment for independent marketers and that is what people like you see as confusion

Ok, it's not confusion, it is CONFUSIONING

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Firefire(m): 6:34am On Apr 03, 2016
donodion:


Absolutely...besides NNPC still need cleaning..too many saboteurs in that unit.

You guys are pathetic, you still have the guts to mention saboteurs, after 1 year in power ?


APC broom juju is really potent. undecided

6 Likes 1 Share

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Montaque(m): 6:39am On Apr 03, 2016
this new subsidy payment wont have any effect. because the pump price has increased way beyong what subsidy of 5 naira can cure.
whereas all these trouble started when this govt removed subsidy to spite the hitherto policy and prove that it was a scam.
deregulate the sector, pass the PIB, thats the final solution

2 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by olutunde12(m): 6:44am On Apr 03, 2016
amaechi1:


Nigerians will also complain even when decisions are taken in their favour. In the bid to alleviate the suffering of the people, the government return subsidy payment for independent marketers and that is what people like you see as confusion.


In whose favour? SHAMELESSS PEOPLE.

4 Likes 1 Share

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by pat077: 6:46am On Apr 03, 2016
What a confuse government.
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Cmiller(m): 6:47am On Apr 03, 2016
jerseyboy:
In what universe are these guys living?

CHAINuniverse[color=#550000][/color]
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Nobody: 6:47am On Apr 03, 2016
brixton:


If u quote me again eh, I go tear u slap
lol. .oya TEAR me d slap
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by ofoka: 6:49am On Apr 03, 2016
There is an error here. If the currnt price per litre is 92.34 let the pump price be maintained at that. What they are doing now will create a lot of room for independent marketers to make money on the susidy. A govt that made us to be paying NGN50 as stamp duty when we do banking transaction cannot come to claim to be paying our petrol consumption bill

2 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Cmiller(m): 6:50am On Apr 03, 2016
jerseyboy:
In what universe are these guys living?

CHAINuniverse

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by dragunov: 6:52am On Apr 03, 2016
fistonati:
What is this government up to, thinking its an expert when its obvious its a learner but failed to admit so. Nigerians failed to choose transformation but opted for chain.
Keep quiet cretin. Let the normal ones do the thinking and talking.
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by castrokins(m): 6:52am On Apr 03, 2016
Anticorruption:
grin cheesy cheesy grin grin grin cheesy


apc and confusion

2 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by dragunov: 6:55am On Apr 03, 2016
pat077:
What a confuse government.
What an evil and unpatriotic citizenry.
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by 49cents(m): 6:57am On Apr 03, 2016
wordychap:
There was no way subsidy wouldn't return forasmuch as d price of crude fluctuates drastically.
Now is d time to put d anti-corruprion war to test in d subsidy payment. Wish d govt luck.

@ when crude oil sold at less than $30 did the FG announce to Nigerians the Template price, which was definitely below N80...

What happened to this extras Nigerians paid to the FG?

We all aren't foolish
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by igwegeorgiano(m): 6:57am On Apr 03, 2016
fistonati:
What is this government up to, thinking its an expert when its obvious its a learner but failed to admit so. Nigerians failed to choose transformation but opted for chain.
it obvious the present crops of leaders especially in the oil and gas sector are from planet Mars. they think with their asses and not their brains. so what is happening right now a product of misplaced priority and lack of sincerity on the part of the buhari administration. nigerians are in chains but for how long will be determined by unfolding events after the passed budget must have been signed and implementation fully commenced.

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by sammylove22(m): 6:58am On Apr 03, 2016
Buhari thinks he can do away with the cabal club in Nigeria. He has end up giving them the usual rice n beans

4 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by oluwatosin67: 6:59am On Apr 03, 2016
Corruption fighting back since 1960....
I believe the govt wants to go back to d drawing board., an come back afresh.
I still believe in them at least for now..
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by authority2006(m): 7:00am On Apr 03, 2016
People are confused about this subsidy removal and reintroduction. Subsidy was removed because landing cost was fell bellow N86 but now the landing cost has gone above N86, that explains reintroduction. Its previous removal had nothing to do with economic policy. Buhari government doesn't appear like one that will remove subsidy permanently. So ,wailing wailers should stop confusing themselves.

1 Like 1 Share

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by nextstep(m): 7:00am On Apr 03, 2016
So with all this flippity floppity, you can see why it's hard to believe that those at the helm of this country actually know what they are doing.

I mean, a random coin toss would likely achieve exactly the same results. And much cheaper too if we replaced the CBN governor with a coin.

I'd go further and suspend all arms of government for just six months. President, his cabinet, all representatives, senators and all their hangers on: six months without pay. The money we'd save might be enough to rescue the economy. Smh

2 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Nobody: 7:01am On Apr 03, 2016
amaechi1:


Nigerians will also complain even when decisions are taken in their favour. In the bid to alleviate the suffering of the people, the government return subsidy payment for independent marketers and that is what people like you see as confusion.

You organized a road show in Ojota in January 2012 against subsidy removal, you criticized retention of subsidy and campaigned heavily with it.
Now you are eating up your own vomit. This is not about Nigerians suffering being alleviated, this is about clueless promises don't did not make sense that Nigerians bought into, hence the knashing of teeth.

4 Likes 2 Shares

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by otokx(m): 7:02am On Apr 03, 2016
It is well with Nigeria.
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by authority2006(m): 7:04am On Apr 03, 2016
Firefire:


You guys are pathetic, you still have the guts to mention saboteurs, after 1 year in power ?


APC broom juju is really potent. undecided
PDP spent 16 years in power and we were here when you all were screaming saboteurs.
APC haven't spent one year in power, carry your propaganda somewhere else.

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Dinocarex(m): 7:04am On Apr 03, 2016
eagleeye2:

Nigeria cannot SUSTAIN the SUBSIDY regime. That's the simple truth. Let FG deregulate the oil sector and quit fixing pump prices for marketers. You cannot deregulate fully and still fix price, it won't work. And they are not doing us a favor by re-introducing the subsidy. No. The winner is still the CABAL.
The CABAL always win in Nigeria. When there is a policy that will cripple their hands from eating excessively, they frustrate such Government. I think the FG bowed to external pressure by returning the subsidy.
Shame!!! It looks like its in the best interest of Nigeria, but the CABAL still win.

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Stylz69(m): 7:05am On Apr 03, 2016
My question is how the government will finance the 'subsidy'. I cannot remember seeing any allocation for payment of subsidy in the 2016 appropriation bill so where is the money coming from? Perhaps they are using the returned loot?

2 Likes

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Rolings: 7:07am On Apr 03, 2016
Firefire:
When some of us mentioned repeatedly that this government and its handlers are naïve, fraudulent and incompetent, we are very sure of what we are saying.

APC before coming to power condemned the last administration on fuel subsidy payment, President Buhari even mentioned he knows nothing about what fuel subsidy means. "What is Fuel Subsidy" - GMB?

Few days back (30th March 2016) APC government went public to declare 100 billions of Naira monthly saving through fuel subsidy removal.

http://dailytimes.ng/save-n100b-monthly-subsidy-removal-nnpc/

Alas, Nigerians are the ones paying for the fuel subsidy indirectly, see my response to the thread below:



Few days later (3rd April 2016) same government is now announcing the returns of petrol subsidy by N5.84 for every litre of premium motor spirit consumed in Nigeria. Please, why are they returning the alleged fraudulent fuel subsidy payment

Making a simple calculation on the impact of this returned fuel subsidy: {5.84 x 41 Million Liters consumed per day x by 30 days = N7.1 Billion monthly fuel subsidy payment.}

You will all recall Alhaji Aliko Dangote predicted that the removal of fuel subsidy will make Nigerians to exchange $1 for N500. (We almost hit the target).

See what APC leadership have to say to justify the subsidy removal:




Criminalizing fuel subsidy payment and outright removal without finding a lasting solution to the variables in itself is a FRAUD.


Fellow Nigerians, can you now agree with me that this government is fraudulent, corrupt and clueless ?






Isn't it obvious that the cabal won't let petrol price be stable unless you pay them . NNPC owes the cabal unpaid subsidy and because of that they refused to bring in more petrol . In the first quater allocation NNPC got about 70% but the marketers that have the remaining 30% refused importing hence the shortfall and fuel scarcity . The marketers blackmailed kachikwu to increase their allocation and now that they have gotten more than 50% of the allocation the scarcity of petrol will disappear in no time . Once kachikwu suceeds in fixing the refineries and build a reserve we won't be seeing this kind of scarcity again. The Cabals have to be neutralized if we are to enjoy petrol in this country and I believe in this government to do that .

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by Emmyemmy1(m): 7:07am On Apr 03, 2016
Now you are thinking, like a Petroleum minister
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by djkirkoo2(m): 7:09am On Apr 03, 2016
Martins301:


If them remove subsidy you go shout. If them retain am you go shout. Wetin exactly you want?
Abeg close your smelling teeth

1 Like

Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by ICEFLAME419ja(m): 7:10am On Apr 03, 2016
What are you saying
Re: FG Returns Petrol Subsidy, Retains Official Pump Prices by ICEFLAME419ja(m): 7:11am On Apr 03, 2016
grin grin grin grin grin grin

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