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Nairaland Forum / Nairaland / General / Politics / FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre (17632 Views)
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Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by FuckDModz: 8:52am On Sep 22, 2023 |
But the subsidy is gone, according to Tinupoô. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by TemmyT002(m): 8:52am On Sep 22, 2023 |
APC!!! Renewed Hope?? |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Kachidubem: 8:53am On Sep 22, 2023 |
nairalanda1:You say we sell at loss that why we don't have refineries working ? Let keep this aside first Are you telling me the multi-millions of dollars these govt people embezzles can't fix a working refinery . Baba, Nigeria get money pass UK We have no right to be suffering in this hardship like this. All these ypur profit and loss talk no make any sense. These people are stealing our wealth and not leaving behing any significant growth. 4 Likes 1 Share |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Abovebest(m): 8:54am On Sep 22, 2023 |
Ikaeniyan0: It's like some of you are mad Fuel was around 200 when they said, they've removed subsidy, now fuel is 617 and they're now claiming to return subsidy not for the price to go back to below 200 but to remain at 600 plus Which kind of madness is that 6 Likes |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Sylva2147: 8:55am On Sep 22, 2023 |
nairalanda1: Leave that story because fuel subsidy is the only thing that every Nigerian benefits from. Subsidize fuel or not the money that was supposed to be used for the subsidy will eventually be syphon so what are we saying? If they like let them use 10k per liter for fuel subsidy. No good roads, medical facilities, electricity yet you said common subsidy that everyone is benefiting from is a bad idea, says who? 1 Like |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Funkyswagzz(m): 8:56am On Sep 22, 2023 |
So it's because of this nonsense people insult our intelligence |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by VeeVeeMyLuv(m): 8:57am On Sep 22, 2023 |
nairalanda1:Op is telling a boldfaced wicked lie Disregard. Don't believe him. Petrol is not $3.9 per litre in USA. This is very misleading. Petrol is $3.9 per gallon in USA instead even lower than that in some regions. A gallon is equivalent to approximately 3.8 litres. 6 Likes 2 Shares |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nsky(m): 8:59am On Sep 22, 2023 |
Clowns |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by seetomorrow: 9:00am On Sep 22, 2023 |
Nwodosis: Yiu are cursed |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Funkyswagzz(m): 9:00am On Sep 22, 2023 |
nairalanda1: Most of you don't even understand what subsidy is 1 Like |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Curious345: 9:00am On Sep 22, 2023 |
Make e better for me and my people |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Gentlelox: 9:01am On Sep 22, 2023 |
nairalanda1:ona too dey do "i took know". Is the subsidy not to make the lives of the subsidy easier ? Is it a waste of money or to make ease people's burden. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by gomeks(m): 9:01am On Sep 22, 2023 |
de/ Don come again |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by egoldman(m): 9:02am On Sep 22, 2023 |
Will pay or have piad? |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Djele: 9:03am On Sep 22, 2023 |
First class graduate that can produce his certificate Nwodosis: |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 9:08am On Sep 22, 2023 |
happney65: Funny enough Nigerians will still go about their normal lives. You will still see traffic on the road even with this price that is what is giving them liver to keep increasing it. Nigerians are mentally not ok upstairs 3 Likes |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by deavicky(m): 9:09am On Sep 22, 2023 |
nairalanda1:somebody without any idea will read this your comment and think you are making sense. You compare Niger and Ghana with Nigeria because they have a functional refinery but you did not tell us how they get their crude. We produce less crude you did not ask why, or is it that there are no oil Wells or crude had dried up from ground. This whole subsidy problem will be solve with just a refinery. You are justifying that Nigeria cannot carry the burden of paying subsidy and building refinery but one man can build a refinery in the same country. FG can also borrow money to build unless railways. Meanwhile they can borrow to build refinery and from the proceeds they can build railway to where ever they want to build it to. Lastly the price of crude is going up simply because of price of dollar if dollar to Naira because #200 the pump price will also come down drastically. So please do analysis be u talk. Have even thought of Government giving licence to IOC like Total, Agip, Shell, Indorama etc to build refinery and see if they will not do it. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by COMPAQ(m): 9:10am On Sep 22, 2023 |
adenigga: The statement ascribed to the CSO makes no sense. Since NNPC is the sole importer of petrol, which marketers is he referring to that benefit from the devaluation to ask for higher payments? People who don't even know the goings on in the industry just like to say nonsense, because it will sell in the papers. Same way the marketers are always saying the price of petrol will only crash when we use Nigerian crude and not imported crude!! How will it crash, when the crude will be paid for and not free. Even if petrol reduces by N70 because the freight and import duties etc are no longer there, is N70 a crash!!? 1 Like |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 9:10am On Sep 22, 2023 |
Ikaeniyan0: Either you cant read or you're just being a mischievous fool. Government is subsidizing yet it's to hit 900 per liter? You didnt suck breast milk when you were a baby na why your brain no dey stick together. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Ikaeniyan0: 9:10am On Sep 22, 2023 |
Abovebest:The problem with some of you is that, you're dumb but think you're clever If the landing price of a litre of petrol is #900, when petrol was #200, government will have to pay #700 as subsidy, now that's like #650, Government will only have to pay #250 as subsidy. Can you see you're very dumb? |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 9:11am On Sep 22, 2023 |
Ikaeniyan0: Shut up akuko. You go explain tire |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by COMPAQ(m): 9:12am On Sep 22, 2023 |
Rayban25: So we should not live again because petrol prices increase abi? We shouldn't go to work? We shouldn't go to the hospital if sick? We shouldn't go to the market to buy food? We should all just stay at home abi? Folks are managing the increases the best way then can. Some are car pooling with neighbors for school runs, others are creating shifts to reduce people who need to come to the ofice. A radio station mentioned that instead of having 2 presenters on their morning show, its now one presenter to reduce need to be in the office! Folks are doing the best they can!! |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Ikaeniyan0: 9:12am On Sep 22, 2023 |
Rayban25:You're not intelligent, so am not surprise I won't be shock if you still rely on your parents. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 9:14am On Sep 22, 2023 |
Ikaeniyan0: Shut up. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Ikaeniyan0: 9:14am On Sep 22, 2023 |
Rayban25:Please bro, don't be quoting me again. I detest irritants like you. You have nothing intelligent to say and am not on nairaland for all this kind of chidish taunts. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by VeeVeeMyLuv(m): 9:15am On Sep 22, 2023 |
nairalanda1:You forgot to include devaluation of naira! Is like you undersestimate the impact of Devaluation. Devaluation in itself is not an issue, it simply means more naira After converting revenue in dollars. Had it been the wages and salaries had been adjusted accordingly since 2011, people would not be complaining. Instead this guys just left the salaries and wages the way they were since 2011 that's why there's massive Looting and embezzlement going on in the civil service and government offices. As in the salaries and wages are so poor that if you don't embezzle you can't feed properly 😂🤣 2 Likes 1 Share |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Ykc2(m): 9:15am On Sep 22, 2023 |
nairalanda1:una go support una brother tire,buhari picked only his fulani brothers for his 8 years government and they distroyed nigeria economy now tinubu is following his footsteps by choosing only yorubas for sensitive positions they will distroy the remaining economy like they distroyed concord news paper and concord airline
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Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by chukiz(m): 9:15am On Sep 22, 2023 |
nairalanda1: Story teller, tell that to a country that doesn't have fuel . Rubbish |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by smileyoo: 9:18am On Sep 22, 2023 |
nairalanda1:but why is it very difficult for the 6th most crude oil producing nation in the world to have functionable refineries ? it's actually corruption and the greediness of the political elites that is killing Nigeria, not the so-called subsidy. every nation subsidize one thing or the other to the benefits of her citizens, but Nigeria 's type of fuel subsidy is abused through the corrupted system of governance . if the FG cannot make the refineries to be productive, even with all the billions spent on turn around maintainance, they have no other options than to subsidize fuel for nigerians, or else pms could soon become the product of the few privileged citizens. 3 Likes |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Nobody: 9:18am On Sep 22, 2023 |
COMPAQ: |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Ikaeniyan0: 9:18am On Sep 22, 2023 |
nairalanda1:I understand, Dangote won't sell cheap fuel neither will NNPCL refinery But buying from Dangote means the monies stay in Nigeria, is not going to refiners in Europe or Asia. |
Re: FG May Pay N1.68tn Fuel Subsidy, Marketers Forecast N900/litre by Maobichek: 9:18am On Sep 22, 2023 |
Psalmistproject: Good morning, we cannot exonerate Buhari from shortfalls of his government. He promised to resuscitate our refinery; for eight years, non of our refineries worked and Dangote refinery that was hyped is not refining any crude oil. My concern is that the price of fuel has affected the price of everything in Nigeria, APC failed after grabbing power from PDP. 1 Like |
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