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Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 (33553 Views)

Marketers Sell Petrol Above N145/L In 16 States (see the states) / Filling Stations In Awka Sell Petrol For N250 Per Litre / FG Ends Kerosene Subsidy, To Sell For N83 Per Litre (2) (3) (4)

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Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by persius555(m): 10:23am On Dec 15, 2015
ekpesa:
am so passionate about this Apc led government, they have been so committed in reminding me how I disappointed myself in voting for them. they promised fixing the refineries and now they are failing again.
Bros, it was all a hoax they meddle with the intelligence of nigerians. This govt has no plan to curb waste by presenting a plan to fully reform the power sector so as to revitalise the manufacturing industries. If power is available, the demand for fossil fuel which increases subsidy payment in the first place will be drastically reduced. No plan to issue license for smaller refineries in the face of dwindling oil revenue. What i would have expected from a serious govt is to quickly put the existing refineries into shape for total sale, issue licenses for smallet refineries that would create additional jobs, totally rid the country of subsidy payment and let market forces determine the price instead of dictating the price like a dictartor when we already buy at way higher price.
This govt is becoming a huge disappointment by each misplaced policy.

2 Likes

Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by ademoladeji(m): 10:25am On Dec 15, 2015
ODUBEZE:
When did SS employ you to become their spokesman?
God no go allow something wey no concern U kill U!

No vex bro
Amen ooooo my brother and you too....
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by Akinz0126(m): 10:25am On Dec 15, 2015
"Hard time ahead".
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by Akinz0126(m): 10:26am On Dec 15, 2015
"Hard time ahead".did I just hear them say that?
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by lookmangiw(m): 10:31am On Dec 15, 2015
as at today, pppra template put price of PMS is #94.36, so why are they pegging the price at #97. what is the extra money for?
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by Glomoni: 10:34am On Dec 15, 2015
O yes oo, chaangii has come to stay. Nigerians never knew the value of what they have until they loose it. Sai Goodluck Sai Jonathan
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by x12345678x: 10:37am On Dec 15, 2015
hamzyluv:
and stupidity of highest order is for Gej to announced fuel subsidy removal and increased in fuel price on 1st of January ..... is Gej the petroleum minister ? .. zoo-fool-logy x-President
Oh the reason u so vehemently opposed the subsidy removal policy was solely cuz it was announced on the 1st of January and dat Gej wasn't d petroleum minister?! Loool people dey sha. U just killed me I swear!!!
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by mescapee: 10:44am On Dec 15, 2015
Operation Show Your Tax Receipt is about to start!!
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by otiigba1(m): 10:47am On Dec 15, 2015
THis is becoming interesting grin
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by mescapee: 10:47am On Dec 15, 2015
Also speaking, Minister of State for Petroleum Resources, Dr Ibe Kachikwu, who disclosed that with NNPC inclusive, Excess of N1 trillion was paid for fuel subsidy in 2015, with plans to move fuel price from N87 to N97 per litre in 2016 as well as total removal of fuel subsidy next year.


Where is Fashola and Tam David West with their knowledge of PMS pump pricing economics in relation to global fall in crude oil price?
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by otiigba1(m): 10:48am On Dec 15, 2015
mescapee:
Operation Show Your Tax Receipt is about to start!!
Absolutely! I bet nigerians didn't see it coming grin
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kayroy5(m): 10:52am On Dec 15, 2015
Am very happy to hear this. I was thinking that after the removal of subsidy, petrol would be #150 per litre. This is sign of good government. 87 or 97 almost same ni
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by x12345678x: 10:52am On Dec 15, 2015
Ovamboland:


It's not hypocrisy it's called buy-in and trust two things thoroughly lacking in PDP governments. Only a true leader can push difficult and punishing reforms and attract little opposition.
U mean d only reason for the vitriolic opposition to the subsidy removal policy of the former govt was cuz Nigerians dint "buy-in and trust" Gej in 2012?! If I remember vividly dat wasn't d reason the opposition gave at d time. Anyway continu ( in patience's voice)
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by mescapee: 10:53am On Dec 15, 2015
ORAFA:
2015 (157), 2016 (97)= CHANGE


Wait till then!

2016 is roughly 17 days away!!

grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin

Crude Oil Pricing Economist

wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink wink
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by UyiIredia(m): 10:56am On Dec 15, 2015
Good decision by the FG.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by klassicview: 10:58am On Dec 15, 2015
South East / South South will reload occupy Nigeria. Femi Falana, Fr. Ejike Mbaka and the rest should get ready.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by hush15: 10:59am On Dec 15, 2015
Engineer123:
Is it possible for filling station to sell at N97? The litre of PMS in my area is N135. Hmm! The question is what steps will they takes to make PMS available at every filling stations at control prize?

Seriously, Nigerians shouldn't worry. Free fuel is on the way. Any station that sells above pump price will have its fuel distributed for free. Yet, FG wants to increase their own price. FG dey do panic selling...
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by abeniagbon(m): 11:16am On Dec 15, 2015
kingstylo01:
Akpos jumps from bed and starts shouting "God save me, save me, save me. The wife asked, did you have a nightmare? He says yes. The wife asked ask again, were you been chased by a lion? Akpos replied; lion is even better. I nearly voted for Buhari again grin cheesy


Na so you mumu reach. Whose here to read your jokes. Find something else doing.

Or you hang your booth.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by KingEbukasBlog(m): 11:16am On Dec 15, 2015
UyiIredia:
Good decision by the FG.

Its supposed to be lower than that
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kingstylo01(m): 11:25am On Dec 15, 2015
abeniagbon:


Na so you mumu reach. Whose here to read your jokes. Find something else doing.
Or you hang your booth.
e pain am o! grin
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kingstylo01(m): 11:26am On Dec 15, 2015
abeniagbon:


Na so you mumu reach. Whose here to read your jokes. Find something else doing.
Or you hang your booth.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kingstylo01(m): 11:28am On Dec 15, 2015
abeniagbon:


Na so you mumu reach. Whose here to read your jokes. Find something else doing.
Or you hang your booth.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kingstylo01(m): 11:28am On Dec 15, 2015
abeniagbon:


Na so you mumu reach. Whose here to read your jokes. Find something else doing.
Or you hang your booth.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by LVStone(m): 11:32am On Dec 15, 2015
Going by subsidy removal with which I support anyway because the rich are getting richer all in the name of helping the poor through subsidy.

Notwithstanding, if the masses will have to sacrifice much for the economy,we must make sure our discussion rights are protected.

We shall not watch and see money hungry senators to change their vehicles with our money,it shall no longer be bussines as usual, I call on everyone no matter your geopolitical zone,either SE,SS,NE,SW,e.t.c. to stand up and defend our Right.

We shall make this government governable and well meaning to Nigerians if we take to the street with boldness to defend our taxes.

I call on any bold,brave,and visionary youths,let us have an association not to beg dirty politicians, not hail them for few naira whereby jeopardizing our future. I Find it hard to believe it when we youth will gather to honor a politician who made us Jobless and still make us feel like a lesser citizens by giving him an award.

Enough of this bold social comments,where are the real youth that wana standup to claim our rights and save our generation.

Why should we vote under terrible sun to have a relief from pains but still continue under the pain after voting.

I believe in the national anthem "Arise oh Compatriot" but we will cease to be compatriots to fraud and broad day devaluation of young Nigerians.

like the leper said "Why Sit we here till we die", let it not be a prophesy of fella coming to pass(Suffering and smiling). Nigerian youth,we can make a change under the confine of the law, can we have youths in each local government throughout the federation that will form an association in order to force government to work.I am not talking of the existing association whose patron is one celebrated thief and looter.

I belong to Nigeria,I want to see hi glory return,our father told us of how they eat free food in the university, how they had cleaners to wash their cloth, how coffee was around corridors of lecture theatre, how they were offered immediate employment with official car,how education was interesting. Such stories looks like a fantasy compared to what is obtainable now.

We finish NYSC at age 25 above they tell us we are not employable because of age as if it was not their greed and frivolities that delay us in tertiary institutions through endless Stokes.

Enough is enough, because of our joblessness we come to blogs to defend thieves, we celebrate them when they buy things with our money, we let them use us as a tribal and religious bigot.

I want youths like me that will say not again!

#NIGERIANYOUTHSHALLRISE
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by LVStone(m): 11:36am On Dec 15, 2015
Going by subsidy removal which I support anyway because the rich are getting richer all in the name of helping the poor through subsidy.

Notwithstanding, if the masses will have to sacrifice much for the economy,we must make sure our discussion rights are protected.

We shall not watch and see money hungry senators to change their vehicles with our money,it shall no longer be bussines as usual, I call on everyone no matter your geopolitical zone,either SE,SS,NE,SW,e.t.c. to stand up and defend our Right.

We shall make this government governable and well meaning to Nigerians if we take to the street with boldness to defend our taxes.

I call on any bold,brave,and visionary youths,let us have an association not to beg dirty politicians, not hail them for few naira whereby jeopardizing our future. I Find it hard to believe it when we youth will gather to honor a politician who made us Jobless and still make us feel like a lesser citizens by giving him an award.

Enough of this bold social comments,where are the real youth that wana standup to claim our rights and save our generation.

Why should we vote under terrible sun to have a relief from pains but still continue under the pain after voting.

I believe in the national anthem "Arise oh Compatriot" but we will cease to be compatriots to fraud and broad day devaluation of young Nigerians.

like the leper said "Why Sit we here till we die", let it not be a prophesy of fella coming to pass(Suffering and smiling). Nigerian youth,we can make a change under the confine of the law, can we have youths in each local government throughout the federation that will form an association in order to force government to work.I am not talking of the existing association whose patron is one celebrated thief and looter.

I belong to Nigeria,I want to see her glory return,our father told us of how they eat free food in the university, how they had cleaners to wash their cloth, how coffee was around corridors of lecture theatre, how they were offered immediate employment with official car,how education was interesting. Such stories looks like a fantasy compared to what is obtainable now.

We finish NYSC at age 25 above they tell us we are not employable because of age as if it was not their greed and frivolities that delay us in tertiary institutions through endless Stokes.

Enough is enough, because of our joblessness we come to blogs to defend thieves, we celebrate them when they buy things with our money, we let them use us as a tribal and religious bigot.

I want youths like me that will say not again!

#NIGERIANYOUTHSHALLRISE
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by UyiIredia(m): 11:39am On Dec 15, 2015
KingEbukasBlog:

Its supposed to be lower than that
True.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by kajoula(m): 11:51am On Dec 15, 2015
Flets:

How exactly would this govt predict prices after subsidy removal? Only the market forces will determine prices. The cabals who own the tank farms will continue to call the shots.

I hope the same sponsors and participants of Occupy 2012 will be on hand to repeat same. T[size=21pt]he height of hypocrisy is this geographical space called Nigeria is highly shameful[/size].

Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by citizenisb: 11:53am On Dec 15, 2015
http://www.vanguardngr.com/2015/12/fg-pushes-for-electricity-tariff-increase/


MINISTER of Power, Works and Housing Mr. Babatunde Fashola, said Nigerians should expect increase in electricity tariff in no distant time. This is as he also indicated the Ministry of Petroleum has signified their interest to build certain critical pipelines to transport gas to the power plants that will add another 2,000 mega watts to the national grid within 12-15 months.

According to him, “By far the most complex challenge is the problem of tariff. It is complex because it is more in the hands of citizens than in the hands of Government.

“The role of Government is to set the tariff and in doing so, Government has committed to what is called a Multi-Year Tariff Order. This was done in order to attract investors to the market; otherwise we will not have achieved the privatization if the price of the product is not attractive to the investors.

“The tariff is the price of producing power. It covers cost of generation, gas purchase, transportation, transformers, staff costs and so on, disaggregated and charged per kilowatt/hour to make the business of power profitable.

“What Government did was to spread it over a number of years so that the impact is not felt at once but over a periodic incremental process. I know that it has been a contentious matter, but I make this fervent appeal to consumers to give us the benefit of doubt, to forbear and accept it.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by mokset123: 11:59am On Dec 15, 2015
tobimillar:
There is no subsidy in the first place, and I don't see any reason why PMS shouldn't be sold for 60 with crude oil being sold for $37/barrel

Sure you are right but when our refineries can't meet domestic consumption. Then we hope and pray that market prices would bring the cost of imported refined fuel to an amount which the common man can afford or better still more investors build refineries in Nigeria.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by hopily(m): 12:10pm On Dec 15, 2015
The polical parties are not the problems but the candidates of the polical parties are...just like there is no village that does not have a good and a bad person so are our political parties...they said subsidy does not exist but they want to remove what does not exist......Occupy Nigeria Loading.....
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by Marvinspeed(m): 12:19pm On Dec 15, 2015
The former President tried it, the whole country was at a stand still, The current President is about to and some people are encouraging it.

Hypocrisy is definitely some persons watchword.
Re: Fuel Subsidy To Go Next Year. FG To Sell Petrol At 97 by ajepako(f): 12:32pm On Dec 15, 2015
Was this not the reason for that mass protest sponsored by the opposition against GEJ?

Where is that Occupy Nigeria group that fought against subsidy removal in 2012?

Chai... Naija, I hail oh..

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