davo3286:


Lagosians are wise my arse. They came to you and chanted "Change", and you didn't even bother to ask the type of change. What can be more foolish than this? Is that your own definition of being 'wise'?

SegunAdewole:
I am Taju an APCzombie from Osun. The woman thief our money wey Aregbe is supposed to pay us our salary. If not for that woman our state e for be N100 billion instead of N6 million today. No fuel, No food, No money. Make I shout sai baba?

Quakertellicus1:


You know something....why apologize to a woman who did nothing about the mess in NNPC....especially the fact that because we did not properly fix the refineries and add new ones under her rule.....we are in this mess.

1.You are paying N180 for fuel(it is still N86.50 in major marketers and NNPC fuel stations....higher in some independent marketers)....because the fuel subsidy.....WHICH YOU DO NOT WANT REMOVED....and which your new hero supported its removal....is preventing marketers from making profits....so as a result....they have to sell much higher than official price....or else they won't have the dollars needed to import.

2.Have you ever thought why we do not have the dollars for imports? It is because oil prices have fallen....so we can no longer waste dollars on everything.....we need it to keep up the naira....so that you sports fans wont be paying N100000 for a loaf of bread.

And if the subsidy goes.....you would be paying far higher for fuel. So...why are you complaining. Do you expect APC to diversify the economy in 10 months....when PDP and your new heroes did not do it in 16 years?

3.Ask your new hero why no new refineries were built? Even if the ones we have are working at full capacity....we would still need to import 23 million liters of fuel every day. And the reason prices stayed at N97-N87 per liter during her time was because...we had the dolalrs to import and subsidze the fuel at the same time. Now we do not...and now the decisions we made not to build new refineries has come back to haunt us.

4.Ask your heroes why at the end of their rule...they were still owing money to the marketers? That is why they refused to import...they were owing so much that they were in debt...and they still owe. Because....we no longer have the dollars to import since oil prices fell.

5.And is it now you are noticing we bought fuel at higher prices. I bought fuel at N102-110 during GEJ's time. I even know of people who bought fuel at N170 in Minna during GEJ time. And fuel in SE and SS was above N150 during GEJ's time. Indeed...it was only Lagos and Abuja that sold fuel at N97 during GEJ's time....in the very outskirts of ABuja.....fuel was sold as high as N140. during gej'S TIME.

6.What would solve this problem is ......removal of subsidy. But that would put prices of fuel above N150....the same price you are complaining about....but fuel would flow. You are complaining about high prices....and yet...you paradoxically do not want the actual solution to your problem....apart from five new refineries?

Nigeria needs at least 23 million extra liters per day...in addition to the new 17 million liters of fuel per day.Some even put it at 53 million extra liters per day!

Abeg...why apologize to someone who spent all the time in office doing nothing to solve the problem....and hiding the problem via massive dollar influx to import fuel to paper the cracks. Nigeria needs new refineries and removal of subsidy. Things that your new heroine did not do ...and before anyone calls me zombie....things that the new APC govt must do if they want to sort this issue out once and for all.

Nigerians....

diegwu01:
Dont take Nairaland serious o, the forum is filled with dunces and olodos. the serious minded ones are leaving in droves

cktheluckyman:
Diezani was actually one of the best petroleum ministers this country ever had.Get well soon ma

Quakertellicus1:


You know something....why apologize to a woman who did nothing about the mess in NNPC....especially the fact that because we did not properly fix the refineries and add new ones under her rule.....we are in this mess.

1.You are paying N180 for fuel(it is still N86.50 in major marketers and NNPC fuel stations....higher in some independent marketers)....because the fuel subsidy.....WHICH YOU DO NOT WANT REMOVED....and which your new hero supported its removal....is preventing marketers from making profits....so as a result....they have to sell much higher than official price....or else they won't have the dollars needed to import.

2.Have you ever thought why we do not have the dollars for imports? It is because oil prices have fallen....so we can no longer waste dollars on everything.....we need it to keep up the naira....so that you sports fans wont be paying N100000 for a loaf of bread.

And if the subsidy goes.....you would be paying far higher for fuel. So...why are you complaining. Do you expect APC to diversify the economy in 10 months....when PDP and your new heroes did not do it in 16 years?

3.Ask your new hero why no new refineries were built? Even if the ones we have are working at full capacity....we would still need to import 23 million liters of fuel every day. And the reason prices stayed at N97-N87 per liter during her time was because...we had the dolalrs to import and subsidze the fuel at the same time. Now we do not...and now the decisions we made not to build new refineries has come back to haunt us.

4.Ask your heroes why at the end of their rule...they were still owing money to the marketers? That is why they refused to import...they were owing so much that they were in debt...and they still owe. Because....we no longer have the dollars to import since oil prices fell.

5.And is it now you are noticing we bought fuel at higher prices. I bought fuel at N102-110 during GEJ's time. I even know of people who bought fuel at N170 in Minna during GEJ time. And fuel in SE and SS was above N150 during GEJ's time. Indeed...it was only Lagos and Abuja that sold fuel at N97 during GEJ's time....in the very outskirts of ABuja.....fuel was sold as high as N140. during gej'S TIME.

6.What would solve this problem is ......removal of subsidy. But that would put prices of fuel above N150....the same price you are complaining about....but fuel would flow. You are complaining about high prices....and yet...you paradoxically do not want the actual solution to your problem....apart from five new refineries?

Nigeria needs at least 23 million extra liters per day...in addition to the new 17 million liters of fuel per day.Some even put it at 53 million extra liters per day!

Abeg...why apologize to someone who spent all the time in office doing nothing to solve the problem....and hiding the problem via massive dollar influx to import fuel to paper the cracks. Nigeria needs new refineries and removal of subsidy. Things that your new heroine did not do ...and before anyone calls me zombie....things that the new APC govt must do if they want to sort this issue out once and for all.

Nigerians....

pbethel:
pipl shud learn to watch DER words

akajos4real:
Until Nigerians understand that FUEL is not government business we would just be moving in circles. The countries we all cite as having regular supply of the product do not sell it at the price we want to buy including those that produce more than us (crude).
People even cite countries having so many refineries but fail to tell people that they are privately owned and run.
Subsidy for fuel at 87naira is for the rich and does not favour the poor if you understand the economics.
The product can only be available at the right price by total deregulation of the downstream sector of the oil industry and let market forces determine prices.

Quakertellicus1:


You know something....why apologize to a woman who did nothing about the mess in NNPC....especially the fact that because we did not properly fix the refineries and add new ones under her rule.....we are in this mess.

1.You are paying N180 for fuel(it is still N86.50 in major marketers and NNPC fuel stations....higher in some independent marketers)....because the fuel subsidy.....WHICH YOU DO NOT WANT REMOVED....and which your new hero supported its removal....is preventing marketers from making profits....so as a result....they have to sell much higher than official price....or else they won't have the dollars needed to import.

2.Have you ever thought why we do not have the dollars for imports? It is because oil prices have fallen....so we can no longer waste dollars on everything.....we need it to keep up the naira....so that you sports fans wont be paying N100000 for a loaf of bread.

And if the subsidy goes.....you would be paying far higher for fuel. So...why are you complaining. Do you expect APC to diversify the economy in 10 months....when PDP and your new heroes did not do it in 16 years?

3.Ask your new hero why no new refineries were built? Even if the ones we have are working at full capacity....we would still need to import 23 million liters of fuel every day. And the reason prices stayed at N97-N87 per liter during her time was because...we had the dolalrs to import and subsidze the fuel at the same time. Now we do not...and now the decisions we made not to build new refineries has come back to haunt us.

4.Ask your heroes why at the end of their rule...they were still owing money to the marketers? That is why they refused to import...they were owing so much that they were in debt...and they still owe. Because....we no longer have the dollars to import since oil prices fell.

5.And is it now you are noticing we bought fuel at higher prices. I bought fuel at N102-110 during GEJ's time. I even know of people who bought fuel at N170 in Minna during GEJ time. And fuel in SE and SS was above N150 during GEJ's time. Indeed...it was only Lagos and Abuja that sold fuel at N97 during GEJ's time....in the very outskirts of ABuja.....fuel was sold as high as N140. during gej'S TIME.

6.What would solve this problem is ......removal of subsidy. But that would put prices of fuel above N150....the same price you are complaining about....but fuel would flow. You are complaining about high prices....and yet...you paradoxically do not want the actual solution to your problem....apart from five new refineries?

Nigeria needs at least 23 million extra liters per day...in addition to the new 17 million liters of fuel per day.Some even put it at 53 million extra liters per day!

Abeg...why apologize to someone who spent all the time in office doing nothing to solve the problem....and hiding the problem via massive dollar influx to import fuel to paper the cracks. Nigeria needs new refineries and removal of subsidy. Things that your new heroine did not do ...and before anyone calls me zombie....things that the new APC govt must do if they want to sort this issue out once and for all.

Nigerians....

amtaken:
This one deliverance go require plenty fasting and prayer sha ooooo.

MIKOLOWISKA:
you're trying to reason with ignorant ppl

Soso990240:
i love argument alot.. Bt i argue wit facts..infact,i always present d truth while arguing. Bt i cant argue wit u or try to correct u,becaus ur analysis is full of lies. U dont fabricate something just to suit ur own side of d story.

The NNPC and its principal FG were aware that continued government control of pricing of petroleum products, the refusal of the National Assembly to sign the Petroleum Industry Bill (PIB) in eight years would frustrate private refiners to promote deregulation when they signed another bogus MoU in June 2012 with some private investors from the U.S. The FG joint venture MoU was with Vulcan Energy Corporation for a deal worth $4.5 billion (N698 billion) to build six modular refineries in collaboration with NNPC.

YelloweWest:

Zombie.

AreaFada2:


OK. Did you support GEJ's removal of oil subsidy?

When were arguing here that subsidy removal was painful short term BUT necessary long term, we were called Tanoids.

GEJ saw that running after prosecuting & subsidy scammers would be seen as Ijaw militant president punishing SW & the North (most subsidy scammers come from these zones), he decided to just end it. Because it's unsustainable.

Then people went into the streets, supported by APC.

Now eyes don clear.

cktheluckyman:
Diezani was actually one of the best petroleum ministers this country ever had.Get well soon ma

Pidggin:
Deziani really tried, since February this fuel crisis started yet no solution SMH

Aunti Deziani abeg com hep us

TheGoodJoe:


The one that is paining me wella is this Obama I danced for when he won election.

I did not know that man was a nemesis to us. Even as we are complaining of low sales, he is signing deals with Iran that would eventually lead to drop in Crude Oil Prices.

I suggest we do what we can to get refineries in this country. It is time we move from selling Crude to Petroleum Products.

If we sell to our African Countries, we can generate Forex again. It will take time but in the long run, we will benefit.

We already have a huge market for Petrol in Nigeria.

Pidggin:
Deziani really tried, since February this fuel crisis started yet no solution SMH

Aunti Deziani abeg com hep us

cktheluckyman:
Diezani was actually one of the best petroleum ministers this country ever had.Get well soon ma

ourkobo:
FTC
second since I joined nairaland
and second in a week ...
Caveat emptor
Space booked
I dedicate it to my one and only Mum...

happy mother's day.....

warning: this land is not for sale

persius555:
Bros, you just hit the nail on the head. "Let's start refining and sell to our neighbors". The americans are bent on dragging the global crude oil market to the grave just to cripple the saudi and russian economy. The earlier we realise this the better. The saudis have eleven refineries that refine the crude locally so all this while they were not spending the forex to import fuel. Unlike nigeria, we had a govt for 16 years that had a import mentality. They refused to build refineries, promised to build a few if subsidy was removed.
Under the last regime, we had a petroleum minister and a finacial minister who were mere poster girls for foreign institutions. Their economic policies were formulated to keep us perpetually dependent on foreign aid. The PDP govt, i still insist is the biggest economic scam on the african continent.

Quakertellicus1:


Some are ignorant...but many are genuinely angry.

The problem is solving the fuel scarcity problem is not going to be easy. We need to stop importation eventually.....and that means we need to build more refineries....and improve electricity.

And sadly....it is going to take time.

Leboska:

Jesus! she also stole your brain.

otemanuduno:


Trying something new is what we define as risk. I love Lagosians for not being scared of trying 'Change'. In the next three years if nothing comes out of it, we try something else. Do you expect us to give continuity to '16 YEARS OF BONDAGE?!" Abeg be wise for one second joor.

Let's keep on trying new things until one pays off eventually. I won't mind voting for KOWA if nothing comes out of APC. PDP is a no-go area for the next 50years becos they are the TRIED & TESTED failure.

Quakertellicus1:


You know something....why apologize to a woman who did nothing about the mess in NNPC....especially the fact that because we did not properly fix the refineries and add new ones under her rule.....we are in this mess.

1.You are paying N180 for fuel(it is still N86.50 in major marketers and NNPC fuel stations....higher in some independent marketers)....because the fuel subsidy.....WHICH YOU DO NOT WANT REMOVED....and which your new hero supported its removal....is preventing marketers from making profits....so as a result....they have to sell much higher than official price....or else they won't have the dollars needed to import.

2.Have you ever thought why we do not have the dollars for imports? It is because oil prices have fallen....so we can no longer waste dollars on everything.....we need it to keep up the naira....so that you sports fans wont be paying N100000 for a loaf of bread.

And if the subsidy goes.....you would be paying far higher for fuel. So...why are you complaining. Do you expect APC to diversify the economy in 10 months....when PDP and your new heroes did not do it in 16 years?

3.Ask your new hero why no new refineries were built? Even if the ones we have are working at full capacity....we would still need to import 23 million liters of fuel every day. And the reason prices stayed at N97-N87 per liter during her time was because...we had the dolalrs to import and subsidze the fuel at the same time. Now we do not...and now the decisions we made not to build new refineries has come back to haunt us.

4.Ask your heroes why at the end of their rule...they were still owing money to the marketers? That is why they refused to import...they were owing so much that they were in debt...and they still owe. Because....we no longer have the dollars to import since oil prices fell.

5.And is it now you are noticing we bought fuel at higher prices. I bought fuel at N102-110 during GEJ's time. I even know of people who bought fuel at N170 in Minna during GEJ time. And fuel in SE and SS was above N150 during GEJ's time. Indeed...it was only Lagos and Abuja that sold fuel at N97 during GEJ's time....in the very outskirts of ABuja.....fuel was sold as high as N140. during gej'S TIME.

6.What would solve this problem is ......removal of subsidy. But that would put prices of fuel above N150....the same price you are complaining about....but fuel would flow. You are complaining about high prices....and yet...you paradoxically do not want the actual solution to your problem....apart from five new refineries?

Nigeria needs at least 23 million extra liters per day...in addition to the new 17 million liters of fuel per day.Some even put it at 53 million extra liters per day!

Abeg...why apologize to someone who spent all the time in office doing nothing to solve the problem....and hiding the problem via massive dollar influx to import fuel to paper the cracks. Nigeria needs new refineries and removal of subsidy. Things that your new heroine did not do ...and before anyone calls me zombie....things that the new APC govt must do if they want to sort this issue out once and for all.

Nigerians....

TheGoodJoe:



What are you talking about?

We are in an economic problem and the best bet to tackle it is with professionals in the field.

I will not read a doctor's report to find solutions for economic matters. That is why I mentioned I read articles from Pat Utomi, Oby Ezekwesili and Professor Soludo.

These guys are professionals.

So, this problem is economical. It needs economist on working but we do not see a lot of actions from them.

amunkita:
O boy!!! people re now realizing how they got scammed by the Chanji slogan..

akajos4real:
Until Nigerians understand that FUEL is not government business we would just be moving in circles. The countries we all cite as having regular supply of the product do not sell it at the price we want to buy including those that produce more than us (crude).
People even cite countries having so many refineries but fail to tell people that they are privately owned and run.
Subsidy for fuel at 87naira is for the rich and does not favour the poor if you understand the economics.
The product can only be available at the right price by total deregulation of the downstream sector of the oil industry and let market forces determine prices.