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Nairaland Forum / Nairaland / General / Politics / Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React (92118 Views)
Fuel Subsidy Removal Nigerians Cries Out / Northern Elders Bemoan Insecurity, Ask Buhari To Resign / North-East Govs Bemoan Inability To Try Boko Haram Suspects (2) (3) (4)
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Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by LikeAking: 4:26pm On Jun 02, 2023 |
WhatIf: I said all the fuel.. |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Titogbanski: 4:27pm On Jun 02, 2023 |
Looks like staged managed news...what about 2012 |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by nairalanda1(m): 4:28pm On Jun 02, 2023 |
Titogbanski: It was happening back then That is one of the reasons why GEJ wanted to remove subsidy |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by famology(m): 4:28pm On Jun 02, 2023 |
Chaiiiiiii......Dem don finish us. 3 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Patriotsleague: 4:35pm On Jun 02, 2023 |
dyera:Let's do big brother, by setting up filling stations across West Africa, under our new NNPC PLC, we need to optimize value, make money from West Africa, then give back. Big brother needs revenue. 11 Likes 1 Share |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Bobloco: 4:35pm On Jun 02, 2023 |
Belafonte: Instead of you to counter my submission with superior points, you resorted to insults which shows that you are the one displaying insanity all over this great forum |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Frezhkid10(m): 4:40pm On Jun 02, 2023 |
sonature1:Therefore eliminating the root cause which is fuel subsidy automatically eliminates corruption in the boarders!!!.. 3 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by timisquare82(m): 4:42pm On Jun 02, 2023 |
grandlexuz:Which one be KPAYO and ZOA again you people will not give me headache! |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Khyrvxjzy: 4:42pm On Jun 02, 2023 |
Nigeria should begin teaching norms and values in primary to tertiary school, everyone has thieving mentality, if not we go become mexico and co 7 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Asswipemod: 4:43pm On Jun 02, 2023 |
seunmsg: Hmmmm! I-Muda. Maverick ayΓ©. Ajala travel to Cotonou.πππ |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by KingPure(m): 4:46pm On Jun 02, 2023 |
BTCJagaban: As sweet & true as this your summation is, I can categorically support your conclusion with proofs. I used to know a Benenoise man & his family back in Ogun State. He has Nigerian guys as workers, and he's so suave with the Baales around the axis of Itele, Papa-lanto, Ewekoro, and the likes. He settles his way to & fro.... What is their work, they bunker oil by only God knows. How they came to know the pipelines in the wilderness is what I can't explain, and he's not learned. My only conclusion is that our borders across the length and breadth of this nation is so porous and unguarded. Let anyone believe otherwise 7 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Thomasankara(m): 4:46pm On Jun 02, 2023 |
[/color]oga nawa for yo reasoning o,must everything be politics to u[color=#770077]π² Bobloco: |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by tete7000(m): 4:50pm On Jun 02, 2023 |
vannessa7: The argument that the subsidy benefits the rich you guys keep pushing forward is ludicrous as far as I am concern. As fuel is increased to 500+ now, who is unable to buy? Who feels the pain more? Is it the rich or the poor? Of course the rich doesn't feel the effect as the poor feels it, yet you guys will come around and turn the logic on its head and say the subsidy benefits the poor. The subsidy in itself has never been a problem but rather the corruption that accompanies it and it where the government suppose to have been decisive. Instead of tackling corruption the government turns around and claims the only way forward is to remove subsidy. Quite unfortunately, the same corruption that affect the subsidy will continue to affect the utilization of money accrued from its removal. 2 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Agadinaagwuofe: 4:50pm On Jun 02, 2023 |
sonature1: This is exactly the point many are not seeing. You don't cure headache by hitting your head on the wall. Are Nigerians not suffering too? So because of activities of smugglers many Nigerians should suffer too? Subsidy should go but let their be palliatives or partial removal and for the news let the custom and border patrol strengthen their force, subsidized gasoline smuggling isn't enough reason to impoverish many Nigerians. |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Aklee4994(m): 4:51pm On Jun 02, 2023 |
2mch:Nigeria suppose turn to Russia π·πΊ make will just Dey invade all this small countries in the west Africa like Benin π§π― Togo πΉπ¬ πππ 1 Like |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by tete7000(m): 4:51pm On Jun 02, 2023 |
kevoh: But the scarcity can continue when the fuel is smuggle out to Benin Republic |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by lightwind(m): 4:54pm On Jun 02, 2023 |
My happiness is, this fuel issues is only hitting hard on Peter Obi and Labour Party supporters πΉπ and also on PDP supporters. We APC and Tinubu supporters are enjoying it |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by etrange: 4:54pm On Jun 02, 2023 |
Nigerians rushed in to insult. I wonder why it's so difficult for an average Nigerian youth to engage in a decent conversation online. Everything is force and aggression. 2 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Jungleluv5: 4:55pm On Jun 02, 2023 |
Bobloco:Thomas family oh no Obidient family like you will not believe. Idiot |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Parachoko: 4:57pm On Jun 02, 2023 |
Bobloco:Do you even still remember the name of the custom officer that exposed oil smugglers in Adamawa State? 1 Like |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by emmybobo1: 4:57pm On Jun 02, 2023 |
nairalanda1:So what happens to border control. That's their job. Other countries should not determine the social services our govt delivers to it's legitimate citizens. |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by grandstar(m): 4:59pm On Jun 02, 2023 |
Bobloco: You people never learn do you! Your emotions will always trump reality or hard truth. Mele Kysri has already said local production of pms will not change the price. A subsidy exist and the government no longer has the money to keep subsidizing it. The smugglers aren't the problem. The huge subsidy is. As a former US president said, "The existence of subsidies can not be divorced from abuse." I choose to do simple maths. A litre if Brent crude oil sells for 49cents. That is the raw crude oil. Just multiply it by the very unrealistic exchange rate of 460 and you and you already have N225/litre. The oil hasn't yet been refined and it's costing N225/litre which is higher than the finished product pms was sold for last week at 185. What happens when you now add refining cost to it? That means in Nigeria, it was cheaper to purchase petrol than to buy crude oil!!!! What if we now use a realistic exchange rate of like 650 and then we start seeing how wasteful the subsidy is. 8 Likes 1 Share |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Ayodeoba: 5:00pm On Jun 02, 2023 |
Bobloco:come to idiroko, you will understand, I had once smuggled petrol inside school bag across to the boarder side to sell for higher profit. What will you talk about drivers carry passengers, fill up their tanks, after drop passengers, they offload the fuel and sold at high fee 5 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by nairalanda1(m): 5:01pm On Jun 02, 2023 |
emmybobo1: Indeed , you raise a very good point....but the removing subsidy measure too takes the wind from their sails well well. But then again, even if the border control did their job.....at the end, the cost of subsidy would keep on growing till it grows beyond what our revenue can support...because the fuel consumption and the difference between production cost and government set price would both rise. |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by timisquare82(m): 5:02pm On Jun 02, 2023 |
fineboynl:Is there government paying subsidy on those cheaper things we import from their country? 1 Like |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Quintopia: 5:02pm On Jun 02, 2023 |
Tvoice: CAN YOU IMAGINE? Deporting our people while enjoying our free oil! Kai. This world eh!?! 1 Like |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Jungleluv5: 5:03pm On Jun 02, 2023 |
Removing subsidy is a good development I can remember last year a custom officer arrested a truck loaded with pms heading trying to cross the boarder is it Niger or Chad and the insist that the truck should go back but many Oga at top were calling him to allow the truck to pass but he said no. 7 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by nnmichelle3542: 5:05pm On Jun 02, 2023 |
see below
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Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Quintopia: 5:08pm On Jun 02, 2023 |
Reussite: Mumu. There are no βproceedsβ from the subsidy removal because the 10 billion dollars a year subsidy was paid for with borrowed money. 3 Likes |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by emerged01(m): 5:08pm On Jun 02, 2023 |
BTCJagaban:Fact! It benefits their government. |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by jogojogo: 5:11pm On Jun 02, 2023 |
nairalanda1:So this is true. I had doubted this before 1 Like |
Re: Benin Republic Citizens Bemoan Fuel Subsidy Removal, Nigerians React by Roon9(m): 5:11pm On Jun 02, 2023 |
DOptical: Has Mr president highlighted where the funds from subsidy removal would go to? Man is just after himself. Wake up |
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