||NaijaObserver|| Femi Fani-Kayode On N162 Fuel Price: Nigerians Should Expect More From Buhari

[vincent modebelu]

More than 75% of FUEL USAGE is in the SOUTH

The YORUBA being YORUBA... thought that they were going to inherit the HEAVENS from Buhari as AWOLOWO handed Nigeria to then with Biafran blood

This time they are led by Tinubu

North does not have cars

They have Okada + Keke + Donkies that do not consume fuel

Dont worry

Be happy

Buhari will make BILLIONS in Lagos

Femi Fani-Kayode On N162 Fuel Price: Nigerians Should Expect More From Buhari

https://www.independent.ng/n162-fuel-price-nigerians-should-expect-more-from-buhari-fani-kayode/

A former Minister of Aviation, Chief Femi Fani-Kayode has said Nigerians should expect more hardships from President Muhammadu Buhari’s government.

Reacting to the increase in pump price of premium motor spirit (PMS) otherwise known as petrol to N162 per litre with effect from September 2, 2020, Fani-Kayode in a post on his social media handles said he predicted that Nigerians will be worse off if the All Progressives Congress (APC) was elected in 2015.

He also said that he warned Nigerians in 2015 but they rejected the Peoples Democratic Party (PDP) and former President Goodluck Jonathan.

He also said that he warned Nigerians in 2015 but they rejected the Peoples Democratic Party (PDP) and former President Goodluck Jonathan.

JONATHAN
Fuel =N87
ECA =$2.5bn
Dollar =N200
Bag of rice =N8,500
External debt =$9.7bn
———
2020

Fuel =N150
ECA =$72m
Dollar =N475
Bag of rice =N25,000
External debt =$27bn
———
"In the 2015 presidential campaign I warned Nigerians that this would happen if Buhari was elected.

"I shouted it on the rooftops morning day and night but the people refused to listen. 

Instead they insulted me & rejected GEJ. 

Let them continue with their insults and enjoy their plight. 

This is a sad testimony but worse of all is that there is far more to come. 

Sai Baba!"

vin.....///

”....Born to tell the truth....

 Observe and see

[Chris Udoh]

*BUHARI CANNOT ROB THE MASSES TO PAY DANGOTE REFINERY*

The greatest destruction a man can do to himself is to put wrong people in positions of authority.

Can somebody tell Ogun state governor and all other clueless leaders (who say that price is increased to attract investors) that Price is not a factor of production.

It is unfortunate and unacceptable for people who enjoy free perquisites of office now becoming the people to increase prices and cause severe pains to the livelihoods of poor masses of Nigeria.

For the records, let me educate this governor and all those in government that what attracts investments to a location are mainly, Security of investible funds, strong institutions such as the judiciary for justice, ease of doing business, personal security, currency stability & reliability, sincerity of government and policy stability.

It is only a very bad government that seeks to cause pains to the people while believing this to be a cure for its inefficiency and untamed corruption.

A good government will deregulate the source of supply. Why should a government control the supply of petroleum products and monopolize it with all their stealings, corruption and inefficiencies and pass same to consumers to pay in high prices. Why should poor Nigerians be made to pay for monies stolen by government officials in NNPC and other high places?

Government should remove every form of licencing and bureaucratic controls from the supply side of petroleum products so that anyone who is able to can bring in the products to sell at his own price. The only role of government will be to monitor quality and standards. It is competition that stabilizes products prices. It is not government monopoly plus unreasonable prices increases that gives consumers value for their money.

 *But increasing prices to protect Dangote refinery and corruption at NNPC is criminal against the people of Nigeria.* 

This is Unacceptable.

NIGERIAN MASSES UNITE AND RISE AGAINST THESE WICKED LEADERS!

Chris Udoh

[vincent modebelu]

Obong Chris

THERE IS NO DANGOTE WITHOUT NIGERIAN GOVT

The military [ Gowan]  created Dagote after the war

Obasanjo tried to create Femi Odutala with Petroleum

Obasajo tried to create Globalcam.. HE GAVE GLOBACOM LINCENSE FOR ONLY $200million while MTN paid $1billion plus...

........but the stupid guy sold part of it to Babangida and cronies

Obasanjo created BiCourtney to take over Nigerian airports. They built MM2 and Lagos -ibadan highway

Obasanjo created Abiola into a Huge Monster to take on Awolowo...he did and sent him dead

Obasanjo tried for Yorubas but they did not understand the game

  Dangote killed Nigerian Railway system

After the war, he got he sole military contract to transport oil all over Nigeria

 */\ * He made sure no rial lines involved especially from East to North

He killed off truckers from the west including Panelpina

He got into feeding Nigerians by monopoly of Rice and Sugar

He dug in on Cement

ALL MONOPOLY

He cannot compete without MONOPOLY

He is only in African countries that granted him monopoly

He went in there and shut their mines down and imported from China and Yugoslavia are rebadged

Other Cement companies in Nigeria are limited in quantity they can import.  That was why he got Obasanjo to kill Ibeto Cement for going over quota.

He makes sure that every nigeria that builds pays him

He is out of South Africa

Ghana has rescinded his monopoly

He bought PH & Warri refineries for $200million from Obasanjo but YaraDua rescinded that too

Now Nigeria Govt in building that refinery in Lagos for him

He gets Foreign exchange at $1=N222

Then Petrol will be N300 for 1 liter

It is important to note that Dangote employs 40,000 chinese in Nigeria

They are in his agricultural farms and Truck factory in Kano

These Guys are Money people for Presidents  of Nigeria

They are not there for Nigerian

Dangote built Obasanjo Library

Dangote wanted to bid for 2nd Niger Bridge

Dangote bid for  Lagos roads reconstruction while trying to sell his cements to state governments

So in nigeria..If you drive + Eat + Build...You MUST pay Dangote

No industry will grow in Nigeria unless Dangote says so

His main aim with the refinery is Chemicals

Every thing in Nigeria will depend on Dangote. He will shut importation of what is left of it

On Sunday, September 6, 2020, 05:38:06 AM EDT, Chris Udoh <cus....@gmail.com> wrote:

*BUHARI CANNOT ROB THE MASSES TO PAY DANGOTE REFINERY*

The greatest destruction a man can do to himself is to put wrong people in positions of authority.

Can somebody tell Ogun state governor and all other clueless leaders (who say that price is increased to attract investors) that Price is not a factor of production.

It is unfortunate and unacceptable for people who enjoy free perquisites of office now becoming the people to increase prices and cause severe pains to the livelihoods of poor masses of Nigeria.

For the records, let me educate this governor and all those in government that what attracts investments to a location are mainly, Security of investible funds, strong institutions such as the judiciary for justice, ease of doing business, personal security, currency stability & reliability, sincerity of government and policy stability.

It is only a very bad government that seeks to cause pains to the people while believing this to be a cure for its inefficiency and untamed corruption.

A good government will deregulate the source of supply. Why should a government control the supply of petroleum products and monopolize it with all their stealings, corruption and inefficiencies and pass same to consumers to pay in high prices. Why should poor Nigerians be made to pay for monies stolen by government officials in NNPC and other high places?

Government should remove every form of licencing and bureaucratic controls from the supply side of petroleum products so that anyone who is able to can bring in the products to sell at his own price. The only role of government will be to monitor quality and standards. It is competition that stabilizes products prices. It is not government monopoly plus unreasonable prices increases that gives consumers value for their money.

 *But increasing prices to protect Dangote refinery and corruption at NNPC is criminal against the people of Nigeria.* 

This is Unacceptable.

NIGERIAN MASSES UNITE AND RISE AGAINST THESE WICKED LEADERS!

Chris Udoh

On Thu, Sep 3, 2020, 5:33 PM vincent modebelu <vin_mo...@yahoo.com> wrote:

More than 75% of FUEL USAGE is in the SOUTH

The YORUBA being YORUBA... thought that they were going to inherit the HEAVENS from Buhari as AWOLOWO handed Nigeria to then with Biafran blood

This time they are led by Tinubu

North does not have cars

They have Okada + Keke + Donkies that do not consume fuel

Dont worry

Be happy

Buhari will make BILLIONS in Lagos

Femi Fani-Kayode On N162 Fuel Price: Nigerians Should Expect More From Buhari

https://www.independent.ng/n162-fuel-price-nigerians-should-expect-more-from-buhari-fani-kayode/

A former Minister of Aviation, Chief Femi Fani-Kayode has said Nigerians should expect more hardships from President Muhammadu Buhari’s government.

Reacting to the increase in pump price of premium motor spirit (PMS) otherwise known as petrol to N162 per litre with effect from September 2, 2020, Fani-Kayode in a post on his social media handles said he predicted that Nigerians will be worse off if the All Progressives Congress (APC) was elected in 2015.

He also said that he warned Nigerians in 2015 but they rejected the Peoples Democratic Party (PDP) and former President Goodluck Jonathan.

He also said that he warned Nigerians in 2015 but they rejected the Peoples Democratic Party (PDP) and former President Goodluck Jonathan.

JONATHAN
Fuel =N87
ECA =$2.5bn
Dollar =N200
Bag of rice =N8,500
External debt =$9.7bn
———
2020

Fuel =N150
ECA =$72m
Dollar =N475
Bag of rice =N25,000
External debt =$27bn
———
"In the 2015 presidential campaign I warned Nigerians that this would happen if Buhari was elected.

"I shouted it on the rooftops morning day and night but the people refused to listen. 

Instead they insulted me & rejected GEJ. 

Let them continue with their insults and enjoy their plight. 

This is a sad testimony but worse of all is that there is far more to come. 

Sai Baba!"

vin.....///

”....Born to tell the truth....

vin.....///

”....Born to tell the truth....

 Observe and see

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[Imperial Merchant Trust Ltd]

You are a great liar ! 

You got everything wrong . 

Dangote started business under his late uncle Amaka Usman Dantata who was shot in Lagos around 1984 by some  unknown assailants . Amaka was put in a vegetative state for over 25 years before he eventually died less than 10 years ago .

Dangote is by far closer to Obasanjo than Buhari . Some Igbo, Yoruba etc  businessmen are also close to Obasanjo  . 

MTN & co paid $285million but Mike  Adenuga paid $200million about 3 years after MTN & co were licensed . If Adenuga had started telecom business at same time  with MTN, the market share of tge MTN can’t be as big as  it is now . MTN generates 1.2trillion Naira ( over $3billion ) sales a year in a poor country like Nigeria . 

Removal of subsidy from petrol is regrettably necessary and unavoidable. Nigeria doesn’t have enough money to run the government and the subsidy regime  consumes a large chunk of our resources . Above all, the the World Bank & IMF have for long been putting a lot of pressures on our government to free the economy . 

Let’s stop spreading falsehood & ignorance in Jesus name . 

Sent from my iPhone

On 6 Sep 2020, at 14:29, vincent modebelu <vin_mo...@yahoo.com> wrote:



[femi Olajide]

VM, 

I'm not too sure about your location but in any case, how much do people pay per litre around the US,  UK,  Europe etc... 

Nigerians need to start to understand that they need to pay for goods and services at the market rate.  Good enough,  if a country wants to use it's natural resources as a competitive advantage in production by subsidising the natural resource, but it has to be for production and not for pure  consumption.

Same thing goes for electricity,  the present rate of Kw/hr is too low and renders the energy sector in Nigeria not investment friendly for investors. So,  Ogun state governor was quite right. 

If Nigerians want the country to move on,  Nigerians will have to pay the price. There is no free lunch! 

Regards, 

Femi Olajide

Sent from Yahoo Mail on Android



vin......///

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Posted by: Imperial Merchant Trust Ltd <imperi...@yahoo.com>

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[Chris Udoh]

''Removal of subsidy from petrol is regrettably necessary and unavoidable. Nigeria doesn’t have enough money to run the government..." Imperial Merchant.

Imperial Merchant,
Ignorance is a very terrible disease. Only knowledge can cure it.
What is your definition of "SUBSIDY'' and what constitutes subsidy? This is the beginning?

What i am saying is very simple:-

1. There is nothing like subsidy. What we are paying in high prices is a constituent of True Unit price plus high level of inefficiencies (stealing, corruption, wastages, briberies e.t.c). When you remove inefficiencies, the true price will collapse.

Let me tell you a true story of fuel importation into Nigeria. There was a time fuel was very scarce in Nigeira. NNPC was doing everything possible to punish Nigerians for their private gains. Shell was given the opportunity to bring fuel into Nigeria. While fuel imported by Shell was clean good and of very high standard, and landed at N11 naira per litre. That imported by NNPC landed at N34 naira per litre. Inefficiencies, stealings, bribes and corruption in NNPC imported fuel was N34 - N11 = N23. 

After this experience, Shell was barred from importing Petroleum products into Nigeria.

2. Government should remove all forms of its monopoly and control over importation and distribution of petroleum products into the country. Let anyone who wants to import fuel into the country do so freely without any licence and impediments from Government or NNPC. Government should only check standards and quality and nothing else. 

Imperial merchant, now that you know what is on ground, stop defending a very bad government of today.

Chris Udoh

https://web.facebook.com/114214197067170/videos/631903004096435/

[femi Olajide]

Oga Imperial, 

Thanks for educating this VM guy.  Some of them just come online and write rubbish all the time.  Na wa for these 'online alternative truth' that the likes of VM espouse on these fora!  They demolish rather than build! 

Regards, 

Femi Olajide

Sent from Yahoo Mail on Android



vin......///

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[Chris Udoh]

"...how much do people pay per litre around the US,  UK,  Europe etc..." Femi Olajide

Femi Olajide,

I would have let you go but I equally want to give you the knowledge that can help your long term thinking going forward. Economy is not a constituent of one item or element. Economy is an embodiment of so many parameters. It is like a pot of soup.

It is wrong and incorrect for you to compare artificial with artificial (i.e. Price with price). Note that exchange rate is an artificial object.

When you begin to compare Petrol price in Nigeria with that of US and UK e.t.c, I would like to ask you the following questions, please answer them:-

1. What is the minimum wage in US, UK, e.t.c compared to Nigeria?

2. Are the unemployed in the UK, US, e.t.c being paid by the government?

3. What is the unemployment rate in the US, UK, e.t.c?

4. How cheap and available is the transportation system in the countries you are comparing us with?

5. What are inefficiency rates and corruptions in those countries?

6. What is your understanding of the constitutes of an economy?

Femi Olajide, do not support evil because it favours you today or because you get some payments to defend them in this internet. Whatever goes around comes around. Buhari and this Yoruba/Fulani government is clueless and terribly evil.

Chris Udoh

[Imperial Merchant Trust Ltd]

Alagba Olajide 

Thank you sir . 

Sent from my iPhone

On 6 Sep 2020, at 15:48, femi Olajide olajid...@yahoo.com [NaijaObserver] <NaijaO...@yahoogroups.com> wrote:

  

Oga Imperial, 



Government should remove every form of licencing and bureaucratic controls from the supply side of petroleum products so that anyone who is able to can bring in the products to sell at his own price.. The only role of government will be to monitor quality and standards. It is competition that stabilizes products prices. It is not government monopoly plus unreasonable prices increases that gives consumers value for their money.

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Posted by: femi Olajide <olajid...@yahoo.com>

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