spencekat:
Ex depot price is 151.6,Pump price@filling stations is 162

favor914:
Surprising simple Economics 101 explained, and you still can’t comprehend? Don’t worry yourself too much, when Dangote’s refinery comes on stream, the price of petroleum crude products will fall.

Angelfrost:


It's not my fault that you can't read and comprehend... Don't ever use that condescending term on me again!!! You should know where your level is!

Your current president marched and protested against the very same removal years ago... If he weren't leading now, he would have still spoken against it... That's called Hypocrisy!!!

In the event that you missed the thrust of my submission... Let me help you: Removal of the nonsense subsidy (Note the use of the term nonsense) should have been done in 2015 when Buhari took over! Calculate how much would have been saved since then... Would the temporary negative effects have been as harsh then as it is in this global depression and suffering going on now??!

Put your brain to use before you mention me again!!!

Horllaryehmi:


Okay.
This Economics 101 is indeed simple but it leaves too many questions unanswered.
If only our government is accountable and corruption free.

favor914:
I’m not like you, I live in the free world so I know how market forces operate? No civilized country pays subsidy on petroleum, it makes no logical sense, because the Military forced it on us for years due to laziness on part of Government does that make it right? In the free world we have different grades of fuel from regular, to premium, to Supreme you make your choice of gasoline according to your ride, and pocket, please keep quiet you know nothing.

We supported Jonathan’s removal of subsidy, like the privatization of the electricity sector, bloody coward, he renegaded from the right move, because some minority of Nigerians opposed his action, like they are doing today against President Buhari? Good thing we got rid of the two minded nitwit.

favor914:
I’m not like you, I live in the free world so I know how market forces operate? No civilized country pays subsidy on petroleum, it makes no logical sense, because the Military forced it on us for years due to laziness on part of Government does that make it right? In the free world we have different grades of fuel from regular, to premium, to Supreme you make your choice of gasoline according to your ride, and pocket, please keep quiet you know nothing.

We supported Jonathan’s removal of subsidy, like the privatization of the electricity sector, bloody coward, he renegaded from the right move, because some minority of Nigerians opposed his action, like they are doing today against President Buhari? Good thing we got rid of the two minded nitwit.

SIONKPO1:

You are a disgrace to your family
*Why didn't pmb fixed the refineries if he wants the markets to control itself
*You talked about dangote,cemented price has been stagnant for 2years now because of that criminal dangote
***May the blood of Nigerians suffering be upon your head

*

TheArrowhead:


You mean thrice!!

favor914:
I’m not like you, I live in the free world so I know how market forces operate? No civilized country pays subsidy on petroleum, it makes no logical sense, because the Military forced it on us for years due to laziness on part of Government does that make it right? In the free world we have different grades of fuel from regular, to premium, to Supreme you make your choice of gasoline according to your ride, and pocket, please keep quiet you know nothing.

We supported Jonathan’s removal of subsidy, like the privatization of the electricity sector, bloody coward, he renegaded from the right move, because some minority of Nigerians opposed his action, like they are doing today against President Buhari? Good thing we got rid of the two minded nitwit.

Angelfrost:


You can't be like me... If you were, you would know to argue more intelligently!

We are done here!!! Please, move along!!!

favor914:
Fix the refineries? Government is trying to disengage it’s self, you are exclaiming the exact opposite? No wonder you are confused, you don’t know what you are talking about, just babbling, didn’t Obasanjo sell the refineries before he left power? He knew the right thing, ignorant people like you complained it was reversed for political reasons, 12 years after they are still lying idol? Now you blame President Buhari? Very funny indeed.

kikero:


Buhari has not removed subsidy

Until he abolishes underrecovery, and stops setting prices and allows marketers set the price....so that cost of pms differs from place to place

favor914:
Go and study more, before you spread fake gist based on ignorance, learn to apply critical thinking not just a biased opinion, you want a business man to import fuel at $145 & sell it to you @ $143.50? You try, be waiting for President Buhari & Federal Government to come a pay the subsidy, Mr Southern Almijiri.

SegFault:
Enjoy your next level with hot sun beaten sachet water and meat pie with only potatoes inside. Una never see anything.

hush15:


This write up is pure trash cos I remember during the eve of elections in 2015, they promised that fuel will go as low as 30 or 40 per litre.

To achieve that, the former minister of state of petroleum, ibe kachukwu who later became MD NNPC in the early years of APC government, promised to revamp all local refinery to make adequate local consumption at lower price.
Instead, the wasted billion and billions of dollars doing nothing. At the end of the day, they kept recording loss at the refinery all the way to 2019.

When 2019 elections came, Atiku said that the way forward for NNPC is to sell NNPC and retain only the regulatory aspect therefore, opening the petroleum market sector to wider market, Nigerians because of that singular reason didn't vote for him even when he said the plain truth.

Today, NNPC is nothing but a drain pipe and a laundering center for all kind of anomaly in the petroleum sector. First of all, the money wasted to exploring oil in the north, till today, there is no fuel there yet. Secondly, the almighty turn around maintenance that has not turn around yet. Money that could have been used to build a new refinery was wasted and declared loss year in, year out for the last 6yrs. With all the lies that they need more years to bring the decided change, the real truth is the have not even initiated any change process.

Today, NNPC is the sole importer of fuel in which they now sell to marketers! How can fuel be expensive again if not fraud?


What a failed nation....

stephanie11:
POLITICSNIGERIA.COM



https://politicsnigeria.com/explainer-what-you-must-know-about-new-petrol-pump-price/

Equal2DeTask:



Location?

SIONKPO1:

I pity you,for selling your conscience for a stipend
You claimed obj sold off the refineries but this government made countless promises that the refineries will be fixed and they have been making obnoxious budget for its scam running
and secondly why can't fg build new ones or better still give waivers for interested parties to come and build here
You are simply a sophisticated illiterate for supporting evil

Nwabem:
This government is disgraceful.

favor914:
Exactly what I Keep telling you, they made promises to you Children, not me, only a Mumu will believe President Buhari can fix the price of petroleum products, Shell, Chevron, Exxon Mobil all operate in Nigeria, the second non of them were interested in the refineries any reasonable mind should have suspected something is wrong, but as usual the black man always dances to the beat of last years no 1 song. You will still end of paying higher for petroleum products until Dangote’s refinery comes on stream.

A decade & change ago, Nigeria was the number 1 importer of cement in the world, today we are an exporter Nation thanks to Dangote Abdulrahman Rabiu.

Adegreen:
coming to this world is not by mistake but the greatest mistake is coming to Nigeria.......

SIONKPO1:

have you ever asked yourself why cement is expensive in Nigeria compared to Lome/Cotonou/Niamey where bua and dangote exports high quality ones to?
You have a very difficult job defending this evil regime
Lastly please try to dress properly stop exposing your cleavages to the public

malele:
No time to read all that , Buhari Bleep up, and if not for myopic Southwest this things for no Dey happen

favor914: