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Nairaland Forum / Nairaland / General / Politics / Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS (21952 Views)
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Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by FLYFIRE(m): 10:04am On May 08, 2016 |
Keneking:Unless you are still hanged-over with Saturday free booze, I don't see why you can now support what you stoutly condemned in the past.... or could you be acting without knowing it like most of you ZOMBIES? |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by lordkay10(m): 10:07am On May 08, 2016 |
989900:The refineries from what I understand are working but their supplies are constantly being cut off by Niger delta militants. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by 989900: 10:08am On May 08, 2016 |
Quakertellicus1: Actually, we do not need subsidy to buy @N87/litre if oil prices are very low, as evident some few weeks back when oil was just around $30/barrel . . . then NNPC was not subsidizing us, rather, making between N4-N16/litre on us for every litre of PMS sold at that period. That is why I come off kinda irritated when folks still ask how can PMS be sold for less than N70/litre when even while importing, storage, and all that BS, it was costing us around N70/litre when oil was just a little over $30/barrel. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by benideey(m): 10:15am On May 08, 2016 |
Build new refineries, at least two with modern automated systems before thinking of removing fuel subsidy. I really don't see why we should purchase the by products at higher rate when we own the raw material. 1 Like |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by 989900: 10:22am On May 08, 2016 |
lordkay10: They're working, but not at full capacity. Actually, it is so fluid that placing any specific percentage of production capacity on them would be unwise at this moment . . . but according to Kachikwu, that'd still be at less than 50% capacity, or lesser even. That said, we didn't elect leaders so a ragtag of militants could come and hold us to ransom, we might as well vote for Tompolo then. 1 Like |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by worksmart(m): 10:42am On May 08, 2016 |
And risk explosion in your home especially in current heatwave. OVI75: |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by worksmart(m): 10:51am On May 08, 2016 |
No provision for subsidy in the budget, therefore it is fair to assume that no subsidy exists. There is going to be need for fuel prices to fluctuate relative to international fluctuations in crude and fuel prices since we are still importing significant proportion of our fuel. That is why it is necessary to periodically adjust fuel prices, as the government may be about to do. To continue to talk of subsidy is mischievous and misleading. 1 Like 1 Share |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by yaki84: 10:51am On May 08, 2016 |
which subsidy ibe kachikwu dey sing everyday say dem don remove?
hmmm apc apc apc.....u guys r damn confused. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by yaki84: 10:51am On May 08, 2016 |
which subsidy ibe kachikwu dey sing everyday say dem don remove?
hmmm apc apc apc.....u guys r damn confused. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by asha80(m): 10:53am On May 08, 2016 |
Funny because on saharareporters twitter page last week they tweeted that fuel pump would rise to 140naira per liter in the next two weeks and I thought it was just a cruel joke worksmart: 1 Like |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by yaki84: 10:54am On May 08, 2016 |
ibetoibb: so what is ur point concerning this baba du llard mata? |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by dvee2: 11:08am On May 08, 2016 |
As at the time GEJ was in power , crude sells above 120 dollars, if you factor the cost of crude swap, there is nothing like subsidy just oil cabal inflating figures. But today, Nigerian crude is being sold for less than 45 dollars, difference of over 50%. the government has already pass a budget without budgeting for extra payment on fuel importation. Therefore, any increase from the current pump price is SUBSIDY. Since the government did not budget for that, this has to be removed. This is the best time to remove subsidy. 1 Like |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by ritahot(f): 11:08am On May 08, 2016 |
OKorowanta: U will make more sense if can just shut that ur smelling pit toilet!. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by ritahot(f): 11:12am On May 08, 2016 |
It will never be well with the coward tribe that forced an ''illiterate'' down the throat of over 180million people!. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by kole22k(m): 11:14am On May 08, 2016 |
subsidy pmt has been one of d major area where government has been looseing revenue to the fuel importers because the subsidy administration itself is characterized with fraud and corrupt practices, several vessels will Barth without content yet subsidy would be claimed, the authorities has fail in carrying out check and balances on any vessel claim to have arrived with imported pms therefore the area has become corruption zone so it's a welcome development if subsidy pmt can be removed absolutely. 1 Like 1 Share |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Infinitikoncept(m): 11:32am On May 08, 2016 |
omohayek:Since crude oil is cheaper now less than $50pb are u telling me if we have our refineries working at full gear we won't make profit selling the crude oil to our system and selling back to the populace at a cheaper price than what we currently have? |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Ifebazz(m): 11:32am On May 08, 2016 |
VillageParrot:Who do these guys think they're deceiving? During Jonathan's era APC said there was NOTHING like subsidy, that it was just a ploy to syphon money. Now they want to remove what WASN'T? |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Infinitikoncept(m): 11:34am On May 08, 2016 |
kole22k:Let the government get a task force to check such activities and anyone find culpable should be made to lose his license and entire shipment seized. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by ekpesa(m): 12:36pm On May 08, 2016 |
please where is occupy Nigeria, where NLC de? where fashola de? where Gen Muhammad buhari de? where tinibu de? where oshomole de? na subsidy dem wan remove soooooo! |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by OKorowanta: 12:39pm On May 08, 2016 |
ritahot: Who be dis bush fish? Dem don ring bottle for your shoulder once? It's easy to hide unda dis thread and spew thrash! U av no idea. Na juju dey worry u. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by yohannazack(m): 1:10pm On May 08, 2016 |
this is what the last administration tried to do and APC called them names and mobilised Nigerians against government. The question is, is the government truly subsidizing? Because Nigerians buy fuel higher than the price at international market. I don't know this if government actually had clue of how to fix this country also, is this subsidy stuff not captured in 2026 budget? . Let's give them sometime and see how it will all play out. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by worksmart(m): 1:11pm On May 08, 2016 |
If it is raised to N140 per litre then it is price hike and not subsidy removal. I personally feel that govt should consider a fuel tax to raise funds that to develop more refineries and fuel outlets. perhaps N100 per litre may be sufficient to achieve this within 2-3 years. asha80: |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by marodan: 1:32pm On May 08, 2016 |
A New word has recently been added to the English dictionary,and guess what it is? The word is Buhari and is a verb which means travelling (to go). eg :I buharied to Enugu last week and currently buharing to asaba and will soon buhari to London next week! Feel free to use the word anywhere and anytime as it has been endorsed by over 6000 linguists and lexicologists around the world. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Nobody: 1:51pm On May 08, 2016 |
I thought Baba said there is nothing like subsidy when he was campaigning? |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by meshachmmj: 1:51pm On May 08, 2016 |
De rturn of de man u cal ur MESSIAH. So let all feel de risin temperatur
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Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Nobody: 1:55pm On May 08, 2016 |
Some one should please explain to this olodo that he doesn't need Nass to stop subsidy. He should go ahead and stop it but he should make fuel available |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by amazingspiderma: 2:02pm On May 08, 2016 |
Just looking at how PMB is adopting in the same policy he condemned the past administration for. Blames are cheap,Campaign is rhetoric,leadership is about dealing with reality. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by myhotbrain: 2:17pm On May 08, 2016 |
ritahot: NOR WILL IT EVER BE WELL WITH YOU AND THOSE WHO THINK THE INEFFECTUAL BUFFOON WOULD HAVE PERFORMED ANY BETTER THAN HE DID IN 5 YEARS IN OFFICE. WITH THE MONUMENTAL FRAUD AND CORRUPTION BEING EXPOSED LEFT, RIGHT AND CENTER AND THOSE STILL YET TO BE EXPOSED THAT OCCURRED DURING THE LAST ADMINISTRATION, THE ONLY THING TO SAY IS: THANK GOD WE HAVE A NEW GOVERNMENT. THE TRUTH IS THAT THIS GOVERNMENT CAN ONLY BE JUDGED AFTER ITS 4 YRS CONCLUSION. YOUR HERO, GEJ MIGHT STILL BE PICKED-UP BY EFCC FOR CORRUPTION CHARGES, PLS DONT HOLD YOUR BREATH, YOU MIGHT CHOKE TO DEATH. NO AMOUNT OF BLACKMAIL OR CONDEMNATION WILL DETER THE ACHIEVEMENT OF NIGERIA'S ROAD TO GREATNESS STARTING FROM THIS GOVERNMENT GOING FORWARD BECAUSE THE PRESIDENCY WILL NEVER GO TO SLOW, EVIL-MINDED, CLUELESS AND INEFFECTIVE BUFFOONS AGAIN. NEVER! FYI: PMB WAS THE PETROLEUM MINISTER WHO BUILT THE 3 MAJOR REFINERIES DURING OBJ'S MILITARY TENURE IN ABOUT 3 YRS. AND YES, PMB CAN DO IT AGAIN AS CIVILIAN PRESIDENT. LET US GIVE HIM A CHANCE. BETTER YET, ADVICE YOUR FATHERS, UNCLES, COUSINS AND RELATIVES WHO STOLE OUR YAMS TO RETURN THEM TO THE FGN BEFORE MAGU AND EFCC COMES AFTER THEM. #ISTANDWITHBUHARIFORPROGRESS #BUHARIWILLBUILDTHE2NDNIGERBRIDGE #EDUCATEOURYOUTHS #ILLITERACYISWORSETHANAIDS |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by merigold(f): 2:30pm On May 08, 2016 |
My GEJ just sit down dey look nd smile. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Feraz(m): 3:54pm On May 08, 2016 |
myhotbrain:You might want to make your points without falsehoods. Buhari did not build any refinery though he was the petroleum minister when - if memory does not fail me, Warri refinery was built during OBJ's military tenure which BTW, works were already on ground. This topic has been discussed many times here on Nairaland with appropriate sources, image clips from newspapers and other verifiable source. You may want to search through. . . Thank you. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Jesusloveyou: 4:19pm On May 08, 2016 |
Festivalofholi:when ur clueless corrupt hero plan to remove the same subsidy he was not a dullard? pmb has already start Turn Around Mentainance, what gej could not do for 6yrs after collecting the money for TAM. let support pmb on this. |
Re: Buhari Moves To Remove Fuel Subsidy, Begins Consultation With NASS by Feraz(m): 4:28pm On May 08, 2016 |
Jesusloveyou:Sorry oh. . .wasn't it the TAM that GEJ's government said will be completed this 2016? |
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