so pe otilo
I learnt that this is how many of these fuel cabals operate to cheat the government. Some get access to oil blocks ( but cant refine the crude oils) so they ship it and sell it to their cronies that have a lot of stakes in modular refineries abroad, in which they import it back to nigeria at a subsidized rates being paid by the government. So virtually carrying nigerian crude oil abroad to refine, and sell it far higher than even the supposed money without the subsidy, yet come back, claim subsidies, making moneies in multiple ways, claiming they are multi billionaire , forbes this, forbes that. If you look well, they are same people behind all these forex and dollar manipulations.
My fear is that until i see this new government commisioning modular refineries after maximum, 2 years of this price adjustements in each regions, and selling crude oil at local price in naira directly , simuteneoulsy, to the operators, things may be getting worse. If i remeber, tilumbu said he would wave a lot of taxes for investors that want to be part of oil industries revolutions, so that they get waivers to subsidize the price and improve employments to the citizen if elected, ( cos he himself is an oil expert and know much of the industries) BUT CAN WE Really TRUST POLITICIANS in nigeria? Will they allow him to work? Do we, nigerians have that patience? DONT WE, as a citizens like cutting corners just look at how filling stations sky rockets there price over nights over the stock they have at hand? Drop gas price by 10 naira and you will hear them saying they never see any official letters. It will take them 2 months to adjust.
Same thing should be aplicable to all other sectors especially agriculture region by region ,which i also believe that shetimma is also an expert in that sector and can handle that. Reveolutinize mechanized farming and let the price of basic food fall and avoidable.
I dont know if it is practicable or possible. i just dont know.
“Nigeria fuel subsidy cut & spiralling costs: All you need to know - Al Jazeera English”
I learnt that this is how many of these fuel cabals operate to cheat the government. Some get access to oil blocks ( but cant refine the crude oils) so they ship it and sell it to their cronies that have a lot of stakes in modular refineries abroad, in which they import it back to nigeria at a subsidized rates being paid by the government. So virtually carrying nigerian crude oil abroad to refine, and sell it far higher than even the supposed money without the subsidy, yet come back, claim subsidies, making moneies in multiple ways, claiming they are multi billionaire , forbes this, forbes that. If you look well, they are same people behind all these forex and dollar manipulations.
My fear is that until i see this new government commisioning modular refineries after maximum, 2 years of this price adjustements in each regions, and selling crude oil at local price in naira directly , simuteneoulsy, to the operators, things may be getting worse. If i remeber, tilumbu said he would wave a lot of taxes for investors that want to be part of oil industries revolutions, so that they get waivers to subsidize the price and improve employments to the citizen if elected, ( cos he himself is an oil expert and know much of the industries) BUT CAN WE Really TRUST POLITICIANS in nigeria? Will they allow him to work? Do we, nigerians have that patience? DONT WE, as a citizens like cutting corners just look at how filling stations sky rockets there price over nights over the stock they have at hand? Drop gas price by 10 naira and you will hear them saying they never see any official letters. It will take them 2 months to adjust.
Same thing should be aplicable to all other sectors especially agriculture region by region ,which i also believe that shetimma is also an expert in that sector and can handle that. Reveolutinize mechanized farming and let the price of basic food fall and avoidable.
I dont know if it is practicable or possible. i just dont know.
“Nigeria fuel subsidy cut & spiralling costs: All you need to know - Al Jazeera English”