Quote from: knowngunman on June 03, 2023, 08:39:12 PM

I greet una my fellow 9ja people with maximum respect. No be new thing again say the new administration of PBAT don announced the removal of subsidy and the thing dey cause noise everywhere sortey NLC wan embark on strike. The matter long but make I cut am short and tell una something wey we need to know about the whole issue as explained by the NNPC for their verify Twitter handle link.
why price increase wey June never end?
From the report, we hear say former president Buhari signed till June 30th to cover for the subsidy but that date never reach and the price Don sky rocket reach #500 and above. Wetin cause am? NNPC say since 2022 govt no drop money for the subsidy and govt dey owe them 2.8trl reach this moment, na dem dey use their money to supply the fuel na why dem increase the price now make scarcity no con dey.
why selling old fuel with new price?
Normally na so business be. If you hear about the increment of price for market you no need to allow your former product finish before you increase your price too. Why is it like that? If you no increase the price and you wan wait for your former product to finish that means you no go see new product buy again since the price don increase for market and your money no go reach again.
why NNPC dey fix price?
NNPC say e no dey fix price for anybody. Na you wey dey sell your market go determine your own price depending on how you sef see am buy Grin

no believe anyone wey tell you say na NNPC dey fix fuel price for sellers.
na like this we go dey buy fuel at higher price dey go?
No! This price hike no go continue like this dey go. E go dey change as people are buying and the sellers too go soon dey reduce the price in order to attract more customers to their side. The problem here be say we dey easily adapt to things for this country Angry

how Dangote, NNPC and other refineries fit help the matter?
Plenty things go take place if dangote refinary begin dey work now and more extra better things if govt own refineries are revive also. Fuel go choke everywhere plenty if we start the refining for ourselves, work go dey for our youths and our GDP go begin smoke to high like kilode 😂
https://www.talkimg.com/images/2023/06/03/wF4aN.jpeg

The above contents was culled from the image share by NNPC in the Twitter link provided above in this post with a little modification for better and to aid understanding more easily.

Removing subsidies was a good move, although there was no time when the country was paying for subsidies. You shouldn't create more problems when you are trying to solve one. Mr. President should have put measures in place before making such announcements. People are really suffering.