Nigerians Will Reject Any Hike in Fuel Prices

The statement by the President claiming that only the removal of fuel subsidy will allow for domestic refining of fuel is highly disturbing. More so coming at this time of the year, when many see the current fuel scarcity being experienced in most parts of the country as being artificially created. With the wave of revelations regarding monumental corruption in the Petroleum industry it will be unimaginable to contemplate any other thing than focusing on ridding the industry of the endemic corruption that has become so pervasive in the industry.

Nigerians would love to see President Goodluck Ebele Jonathan dissipate energy on fighting corruption in the industry as he promised Nigerians. All those so far indicted in corrupt practices in the Fuel Subsidy scam have not yet been prosecuted. More revelations on corruption keep coming out by the day.

The argument proffered that domestic refining of Petroleum products is only possible under private operators cannot be defended. Our refineries were built and operated successfully as fully public owned enterprises in the past and until the industry was massively inflicted with corruption and home for corrupt government officials and their cronies, the refineries functioned well.

Today, the problem with the petroleum industry is largely lack of decency and political will on the part of the government to deal with those who have already been identified as having corruptly enriched themselves with funds meant for the industry.

We believe Mr. President is not being honest with Nigerians about the real problems of the industry. The same President who set up several committees to identify the crisis in the industry and who have been given detailed reports by the committees cannot validly say he is still helpless. Some of the committees, including those set up by the National Assembly, particularly the House of Representatives Adhoc Committee led by Hon. Farouk Lawal identified not just the problems of the industry but specifically named individuals and companies who have diverted subsidies meant for the industry to private use. Majority of them are political associates of those in power. Indeed, the President has been seen severally hobnobbing in public with some of the key persons indicted by the reports.

In a decent society, all those who have been indicted by all the reports would have been facing accelerated prosecution or serving severe jail terms for committing economic crimes injurious to public interest.

As at this moment, N1.7 trillion meant to subsidize the industry has been diverted by identified private individuals and companies and the government is not in any hurry to prosecute the alleged thieves. We can’t therefore understand why the President is in so much haste to inflict deeper poverty on Nigerians.

When government kept silent over the prevailing scarcity of petroleum products in the country, we alerted Nigerians that it was clear the government was testing grounds for further increases in fuel prices and we wish to reiterate our resolute rejection of such attempts.

No responsible government will allow private interests to hold her hostage against the collective interests of the people. It is becoming apparent that those in power seem more inclined serving individual interests than protecting our collective treasures. And we will massively mobilize Nigerians against his new anti people plans.

While the Department of Petroleum Resources of the Federal Ministry of Petroleum has the responsibility to ensure consumers are not shortchanged by marketers, the DPR, security and other government agencies watch helplessly as marketers sell far above the official rates. They are even bold enough to display the unilaterally fixed new prices in their pump meters. These cannot be reigning under a serious government.

The crisis that will welcome any announcement of further withdrawal of subsidy on petroleum products will be so monumental and so far reaching than envisaged by anyone. The January protests would seem a child’s play compared to what might follow any attempt to deregulate the downstream sector of the oil industry.

This government has more than enough reports and details to commence a honest process of punishing those in illegal possession of our collective wealth rather than inflict more pains on Nigerians, while industries and virtually all public infrastructures have collapsed.



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Re: Nigerians Will Reject Any Hike in Fuel Prices
Obugi posted on 11-18-2012, 22:35:23 PM


The statement by the President claiming that only the removal of fuel subsidy will allow for domestic refining of fuel is highly disturbing. More so coming at this time of the year, when many see the current fuel scarcity being experienced in most parts of the country as being artificially created. With the wave of revelations regarding monumental corruption in the Petroleum industry it will be unimaginable to contemplate any other thing than focusing on ridding the industry of the endemic corruption that has become so pervasive in the industry.



Nigerians would love to see President Goodluck Ebele Jonathan dissipate energy on fighting corruption in the industry as he promised Nigerians. All those so far indicted in corrupt practices in the Fuel Subsidy scam have not yet been prosecuted. More revelations on corruption keep coming out by the day.



The argument proffered that domestic refining of Petroleum products is only possible under private operators cannot be defended. Our refineries were built and operated successfully as fully public owned enterprises in the past and until the industry was massively inflicted with corruption and home for corrupt government officials and their cronies, the refineries functioned well.



Today, the problem with the petroleum industry is largely lack of decency and political will on the part of the government to deal with those who have already been identified as having corruptly enriched themselves with funds meant for the industry.



We believe Mr. President is not being honest with Nigerians about the real problems of the industry. The same President who set up several committees to identify the crisis in the industry and who have been given detailed reports by the committees cannot validly say he is still helpless. Some of the committees, including those set up by the National Assembly, particularly the House of Representatives Adhoc Committee led by Hon. Farouk Lawal identified not just the problems of the industry but specifically named individuals and companies who have diverted subsidies meant for the industry to private use. Majority of them are political associates of those in power. Indeed, the President has been seen severally hobnobbing in public with some of the key persons indicted by the reports.



In a decent society, all those who have been indicted by all the reports would have been facing accelerated prosecution or serving severe jail terms for committing economic crimes injurious to public interest.



As at this moment, N1.7 trillion meant to subsidize the industry has been diverted by identified private individuals and companies and the government is not in any hurry to prosecute the alleged thieves. We can’t therefore understand why the President is in so much haste to inflict deeper poverty on Nigerians.



When government kept silent over the prevailing scarcity of petroleum products in the country, we alerted Nigerians that it was clear the government was testing grounds for further increases in fuel prices and we wish to reiterate our resolute rejection of such attempts.



No responsible government will allow private interests to hold her hostage against the collective interests of the people. It is becoming apparent that those in power seem more inclined serving individual interests than protecting our collective treasures. And we will massively mobilize Nigerians against his new anti people plans.



While the Department of Petroleum Resources of the Federal Ministry of Petroleum has the responsibility to ensure consumers are not shortchanged by marketers, the DPR, security and other government agencies watch helplessly as marketers sell far above the official rates. They are even bold enough to display the unilaterally fixed new prices in their pump meters. These cannot be reigning under a serious government.



The crisis that will welcome any announcement of further withdrawal of subsidy on petroleum products will be so monumental and so far reaching than envisaged by anyone. The January protests would seem a child’s play compared to what might follow any attempt to deregulate the downstream sector of the oil industry.



This government has more than enough reports and details to commence a honest process of punishing those in illegal possession of our collective wealth rather than inflict more pains on Nigerians, while industries and virtually all public infrastructures have collapsed.



..Read the full article
Re: Nigerians Will Reject Any Hike in Fuel Prices
Mikky jaga posted on 11-19-2012, 06:29:50 AM
QUOTE:
Mr. Omar,

With all due respect, some of us know what is what here.

We know, for a FACT, that labor leaders like you benefit from the subsidy. You have a say in who gets ALLOCATIONS of cheap fuel. You either take bribes to influence the allocations or you have front companies that get the allocations.

I can also deduce from common sense that fuel marketers who make billions from subsidy fraud are paying either you or other NLC officials to intimidate the govt.

That is all. We get it. It's just a shame that labor racketeering isn't something Nigerians are intelligent enough to ferret out. They're very emotionally driven and thus very susceptible to your kind of incitement. You're a very lucky man.

!Get Yours!
Obugi



If Omar and other Labour Leaders are as you describe above, should it be difficult for Jonathan to use government agencies to expose them as double faced agents? Your attempt to call a dog a bad name in order to hang it can hardly be veiled.
Re: Nigerians Will Reject Any Hike in Fuel Prices
Obugi posted on 11-19-2012, 07:32:18 AM
Mikky Jaga,

It's not a spurious accusation.

The NLC and the industry unions opposed deregulatiom and privatization at NITEL. We all know how those people made their money from cheap, subsidized phones.

Read the thread on the cost of education that I started. Student Union leaders get allocations of cheap rooms at Federal Universities. The official price is N90, this regulated price causes high demand, so since you can't get it with higher prices, the only way is to pay bribes to the Student Union leaders, up to N60,000. I personally investigated this when student unions were protesting against OBJ for trying to raise hostel fees to N10,000 back in 2003 or so.

It's easy to find out. The OFFICIAL price of dorm rooms at Federal Universities is N90. I'm sure you know a few people at such schools. Go to Uniport and ask what those who live on campus pay for their rooms and who they pay to. The corrupt system is so entrenched that most people don't know the official prices anymore!

Ninety naira for a room, resold in the black market for N60,0000! If you were a NANS official making that kindd of profit, what will you do if the govt decides to raise OFFICIAL hostel prices? Of course you will incite a protest to intimidate the govt!

This is EXACTLY what the NLC leaders are doing with fuel. I just know it. Why else all the threats?

At PHCN we know for a fact that the Union leaders were embezzling money from the pension fund entrusted to them. Every worker is required to pay 7.5% of their income into the fund since NEPA changed to PHCN about 10yrs ago. The fund is now empty and privatization has exposed that fact. That is the main reason the leaders of the Union at PHCN oppose privatization.

So it doesn't take much analysis to figure out that something is at stake for the union LEADERS. This is what they call labor racketeering in the USA. This sort of thing is part of what drove the auto industry into bankruptcy. I'm just amazed Nigerians are so unperceptive.

!Get Yours!
Obugi
Re: Nigerians Will Reject Any Hike in Fuel Prices
Nigeria on my mind posted on 11-19-2012, 08:27:08 AM
QUOTE:

If Omar and other Labour Leaders are as you describe above, should it be difficult for Jonathan to use government agencies to expose them as double faced agents? Your attempt to call a dog a bad name in order to hang it can hardly be veiled.


As I have stated before, economics is not my strong point ,and I swear, if some expo had come my way when I was tackling the subject in school...

Mikky jaga, could Jonathan's inaction with respect to the alleged corruption among labor leaders simply be due to the President's general ineffectiveness? I mean, Mr. President has hardly been proactive on issues where the big stick of the Western interests has not been prodding him on the back to act.
Re: Nigerians Will Reject Any Hike in Fuel Prices
Obugi posted on 11-19-2012, 10:12:04 AM
NOMM,

The people of the Niger Delta and crude oil producing communities will benefit TREMENDOUSLY in less pollution, more employment, business opportunities and FUEL AVAILABILITY.

QUESTION FOR YOU - Where does the fuel used in all of Eastern Nigeria and the Delta areas come from?

I've explained this in detail here, click the quote below and read the associated posts CAREFULLY -

QUOTE:
Thanks, this is quite illuminating.


Now this.....

QUOTE:

I mean, Mr. President has hardly been proactive on issues where the big stick of the Western interests has not been prodding him on the back to act.


What a coincidence! I was just hinting to Deep Thought on this very issue on another thread. I will get to it later, but the question is - our new biometric e-passport system is working VERY WELL. I got a new passport in Owerri in 48 hours, no egunje, service was excellent, efficient, in fact they're better than the US passport office system!

The same Nigeria can't implement biometric ID for census, birth record, or worker ID at PHCN or anywhere else.

Why? The answer explains a lot about Nigeria......

Ribadu told us that foreign oil companies are getting huge unfair profits under present law. So the company Shell that told us they own Nigeria, are they for or against the current regulatory subsidies?

Use your tongue and count your teeth.

!Get Yours!
Obugi
Re: Nigerians Will Reject Any Hike in Fuel Prices
Mikky jaga posted on 11-19-2012, 10:56:20 AM
QUOTE:
Ninety naira for a room, resold in the black market for N60,0000! If you were a NANS official making that kindd of profit, what will you do if the govt decides to raise OFFICIAL hostel prices? Of course you will incite a protest to intimidate the govt!


Is it NANS official that collect hostel accommodations and later sold them or individual students? Obugi, you like to mix truths with fantasies.
Re: Nigerians Will Reject Any Hike in Fuel Prices
Obugi posted on 11-19-2012, 11:37:08 AM
Mikky Jaga,

QUOTE:
Is it NANS official that collect hostel accommodations and later sold them or individual students? Obugi, you like to mix truths with fantasies.


Yes, NANS officials get allocations of rooms and resell them to private students. This is something you can easily check.

If it's not true then tell us the truth.

I never did any University education in Nigerria. Did you attend a Federal Uni in Nigeria? Unilag, UNN, Unibadan, Uniben. The official cost of a university owned hostel room is N90.

Did you pay N90?

Do you know anyone that pays N90 today?

Obasanjo tried to raise it to N10,000 and students rioted. The thread is here on NVS, Google dey, we can find some news stories.

When I last personally checked around 2003, students at UNN Enugu were paying like 30K and above.

So, this is NVS and some people here lived on campus in Fed Universities.

How much did you pay for your hostel room? Who did you pay? Did you get a receipt and in what amount?

Were there enough rooms to go round? What was the quality?

!Get Yours!
Obugi
Re: Nigerians Will Reject Any Hike in Fuel Prices
DaBishop posted on 11-19-2012, 11:53:42 AM
Since the current government has displayed that it has no clue (but to hire media advisers/consultants/lap dogs/attack lions) why don't we stop pretending we have government that eats one billion naira a year and disband it altogether?
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