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Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre (29512 Views)

Petrol Hits N620 Per Litre In Kano, Motorists Desert NNPC Station / Subsidy: Petrol Hits N1,200 Per Litre In Ebonyi / Confusion As Subsidy Returns, NNPC Pays N5.4bn As Under Recovery In 2018 (2) (3) (4)

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Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by NaijaOlosho(f): 8:05am On Jan 16, 2021
KelvinCoaster:
Even at N183 per litre,it's still the cheapest in the world.

The problem is that Nigerians like free-things!

Kingrefreshed says he wants to travel out of this country with his family.Have you found out the price of PMS in the country you're running to?

How much this Lizard collect from APC??

15k??

So na 15k fit make you vomit this mumu talk??

Go and sanitize your brain because its extremely dirty. Use Dr Igwede Goko cleanser to wash your brain

4 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by edoairways: 8:06am On Jan 16, 2021
Timoleon:
Here we go again.

An open letter to 2015.

Dear 2015, can we have a do over?

Please na!


Dear Goodluck Ebele Jonathan,
A lot of Nigerians may not be able to communicate with you directly or in person, do know this though, they are very sorry and ultimately regret campaigning against you and voting calamity in.
Oga Jonah, no vex, na God we take beg you.
Apology not accepted

2 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by CSTRR: 8:07am On Jan 16, 2021
Cost of crude oil under Jonathan was much higher.

Landing cost was much higher and yet petrol was far cheaper than under buhari with lower crude oil prices and landing cost.

How do you reconcile this anomaly?

4 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Lightorder: 8:10am On Jan 16, 2021
Timoleon:
Here we go again.

An open letter to 2015.

Dear 2015, can we have a do over?

Please na!


Dear Goodluck Ebele Jonathan,
A lot of Nigerians may not be able to communicate with you directly or in person, do know this though, they are very sorry and ultimately regret campaigning against you and voting calamity in.
Oga Jonah, no vex, na God we take beg you.
as you all regret, many have not learnt anything. Ask them to vote here in Lagos , they will still collect 2 packs of indomie , 3 cups of rice and vote back their oppressors. The annoying thing is that some of them whose relatives are part of this government will still be up here defending them while battling hunger, insecurity and hopelessness. Hate him or love him, GEJ would have kept us a bit away from what we are seeing now with peace and rest of mind
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Okfrank25: 8:11am On Jan 16, 2021
Fryzi:
Oh, God! How did we offend Buhari and his administration? We dey patch, e dey leak.
You offend him,yes u u &u offend him by voting APC.

1 Like

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by TheLordcometh10: 8:11am On Jan 16, 2021
Perfect Nairaland Clone
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by dederocs(m): 8:11am On Jan 16, 2021
Nigerians deserve subsidies, it is the only thing the masses enjoy from our natural wealth, nations over the world give subsidies to their people in various ways, does saying they do not want subsidies are ignorant, apart from subsidies, there is nothing Nigerians gain from our national wealth. Jail the thieves stealing subsidy funds, not throwing away subsidies all together, when common utilities are subsidised, the people have more disposal income, this stimulates the economy.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Nobody: 8:15am On Jan 16, 2021
Personally I don't think this Zombie guy called Buhari is at fault here, we Nigerians gan gan are the problem, when you guys wanted to vote Buhari in, you didn't pray to God to help the dullard o, did you? And God decides to leave you and your dullard Buhari since you guys thought Buhari is capable and didn't think God is the One to help the dullard...
I just feel God is punishing us...
My take
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by tunapawizzy: 8:20am On Jan 16, 2021
themanderon:
Why must we import for goodness sake. Why do we have 4 refineries that are not working despite the billions spent on TAM? Who is benefitting from our refineries being grounded? Why is it that when we earned less Nigeria was able to build those refineries but we cannot build ANY despite the fact that our income from crude has gone up astronomically over the years. These are the questions Nigerians need to demand answers for.
Q1-we must import in order to fund luxurious lifestyle of the politicians that are importing, dont forget importers are also donors to political parties(especially any party in power)
Q2-the refineries are destined for doom because over the years, staff have been employed based on who submitted their names NOT what they can offer
Q3-the elites, the politicians, the ruling party/government (APC now and PDP in their period too)
Q4- growth rate of thieves is 4 times more than the growth rate of income. we generally celebrate wealth in this country and most people aspire to be like these thieves . it is on paper that chinua achebe and wole shoyinka are role models, we actually live our lives trying to become dasuki, saraki, tinubu and d rest

1 Like

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Kingrefreshed: 8:21am On Jan 16, 2021
NaijaOlosho:


How much this Lizard collect from APC??

15k??

So na 15k fit make you vomit this mumu talk??

Go and sanitize your brain because its extremely dirty. Use Dr Igwede Goko cleanser to wash your brain

Hshahaha honestly some people reasoning here na garbage
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by vibre: 8:22am On Jan 16, 2021
JIREN01:
And you think it's sold at 50 naira per litre where you're running to?
Where he is running to, how many times do you need to buy fuel? It's not as if he will be needing fuel everyday to fuel generator, the public transportation system is top notch so you don't even need to drive your car around much if you have one so what will he be desperate to buy fuel for?
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by mascot345: 8:23am On Jan 16, 2021
MedicH:


What is the minimum wage and standard of living in those countries? How many times have the citizens gone on strike because of non payment of salaries? Have you checked their rate of unemployment? You need a small amount of common sense to factor in this index before you open your rotten mouth but I'm.not surprised you lack the common sense.

leave am common sense he no get.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by fashrola(m): 8:25am On Jan 16, 2021
KelvinCoaster:
Even at N183 per litre,it's still the cheapest in the world.

The problem is that Nigerians like free-things!

Kingrefreshed says he wants to travel out of this country with his family.Have you found out the price of PMS in the country you're running to?

Don't be stupid..... In USA you are paid minimum of $20 per hour for menial jobs, You have 24/7 electricity

Even when price of PMS in USA/UK/Canada or other developed countries is expensive do you need to buy fuel to run your generator?

Bus Fare is almost free for a distance of 2-4 KM with ticket incentives

Owing in a car in USA is almost useless because train, Mass Transit Bus system is working effectively with all routes covered, can you say same here in Nigeria?

Just because you are paid N30,000 monthly by your paymasters does not give you the capacity to lose your senses to humanity and reality on ground... So GTFOOH!!!

4 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by hotseat: 8:26am On Jan 16, 2021
Please, can someone remind me who the petroleum minister is?

Oh! I remember now!

The minister is no other than the Dumbo-in-Chief himself!

Ride on Sir!

Our darling daddy, according to BBQ is doing just fine!


We go get sense by thunder by fire las las!

1 Like

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by vibre: 8:29am On Jan 16, 2021
KelvinCoaster:
Even at N183 per litre,it's still the cheapest in the world.

The problem is that Nigerians like free-things!

Kingrefreshed says he wants to travel out of this country with his family.Have you found out the price of PMS in the country you're running to?
So why were you and your devilish Buhari telling us during Jonathan's time that N87 was too much? You promised to bring it down to N40 instead you have more than doubled the price and you are still saying it's cheap. You people have no shame.

2 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by duality(m): 8:29am On Jan 16, 2021
They should revert it to 65naira per liter.

The price of crude oil is not up to 100 dollars so the price of petrol, shouldn't be this high to warrant paying subsidy
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Nobody: 8:29am On Jan 16, 2021
KelvinCoaster:
Even at N183 per litre,it's still the cheapest in the world.

The problem is that Nigerians like free-things!

Kingrefreshed says he wants to travel out of this country with his family.Have you found out the price of PMS in the country you're running to?

Leave Ordinary Nigerians to vent their frustration. Karma is a bitch o. Next EndSARS can start in front of you or your relatives houses. Because you are benefiting doesnt mean you should rub your apparent ignorance in their faces. What is the cost of living and the GDP per capita and the level of infrastructural devt in the country that he's eyeing? All you know is to borrow. Kindly borrow some sense, thanks.

3 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by baski92(m): 8:30am On Jan 16, 2021
tunapawizzy:
aswearugod na association
lol
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Chatflick(m): 8:34am On Jan 16, 2021
KelvinCoaster:
Even at N183 per litre,it's still the cheapest in the world.

The problem is that Nigerians like free-things!

Kingrefreshed says he wants to travel out of this country with his family.Have you found out the price of PMS in the country you're running to?
Shut your trap. You can only say things are cheap when it is affordable by everyone. How much is minimum wage compared to the cost of living? Try dey use your brain sometimes

2 Likes

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by MrNipplesLover(m): 8:34am On Jan 16, 2021
Mumu government.

Na people wey dey vote I blame.


Nonsense and seasonings.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Bolingua1: 8:36am On Jan 16, 2021
Slackerpenguin2:
Most people reading the article dont understand what is happening and make comments out of ignornance


Here is the full gist of the article

1.It now costs 183 naira to import one liter of fuel

2. Yet we are paying N163 at the pump for that same liter

3. That means that government is subsidizing fuel to the tune of N20. Per liter


At the end of the day it is still a bad decision

1. We can't have good refineries because the money we would have used for refinereis is being spent on subsidies for imported fuel

2. Also, who wants to invest in new refineries and watch his or her profit go because government wants to subsidise fuel. If government was controlling prices for everything, would poeple be able to make profits to fund their businesses?


We are buying fuel from Niger. Niger sells fuel at N350. They dont subsidse fuel. At the end of the day they have the profit to pay for the running costs of their refinery. That is why they can sell fuel to us easily, while we canmot export fuel anywhere bwcause we have made it difficult for most investors to come and build refineries for us since they don't want to refine fuel and then sell it at a price below what it cost them to refine it.

The truth is this government is too scared to remove subsides. So they lie about removing them...when what they are doing is rasing thw price to a level which they can afdord to keep on subsidizing

The government is not scared to remove subsidies, the government don't just know how to do right things, the government wants to continue to subsidise corruption, large nos of those fuels would find their way to other African countries.
Since 2015, No single refineries is working, no new one is added, is it a crime if we refine our local consumption, why is government only interested in money money, and not cared about people.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Eriggs: 8:36am On Jan 16, 2021
Lewisdinho:
Stop deceiving yourself bro. The country will never get better rather worse. Know this and have peace
sure, for you. I know contest am, u don take ur mouth talk wetin u want 4 ur life. E go better for good people only
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by adenigga(m): 8:41am On Jan 16, 2021
All I will say is.......

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by PHijo(m): 8:44am On Jan 16, 2021
No!, No!, No!........this is not the way forward!
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Wannabenz: 8:46am On Jan 16, 2021
Kingrefreshed:


Jesus please I use Jesus beg you in the name of Jesus.

Give me money so I can travel out of this Hell called NIGERIA with my family this year.

Amen
Amen my brother. Tell Jesus to remember me too. Amen

1 Like

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by mozes01(m): 8:47am On Jan 16, 2021
[quote author=alphaNomega post=98108584]Ask yourself, when was the last time you spent up to one hour at a filling station?[/quote
1 hr, at a filling station and buy for ₦87 or buy for ₦183 within seconds. If there was a choice, I'll double choose the fomer

1 Like

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by adenigga(m): 8:49am On Jan 16, 2021
adenigga:
Govt Pays N1.1b Daily On Local Consumption


https://m.guardian.ng/News/Fuel-subsidy-returns-as-open-market-price-of-petrol-hits-N183-per-litre



Please, where are the supporters of Bubu? Maybe they can explain the below failed promises......

Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by KelvinCoaster(m): 8:50am On Jan 16, 2021
Chatflick:

Shut your trap. You can only say things are cheap when it is affordable by everyone. How much is minimum wage compared to the cost of living? Try dey use your brain sometimes
This is 2021 try to make your point without an insult.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Ashinze: 8:50am On Jan 16, 2021
Una never see anything, be4 buhari go finish is time fuel price will be sold 280
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by KelvinCoaster(m): 8:51am On Jan 16, 2021
NaijaOlosho:


How much this Lizard collect from APC??

15k??

So na 15k fit make you vomit this mumu talk??

Go and sanitize your brain because its extremely dirty. Use Dr Igwede Goko cleanser to wash your brain
This is 2021 try to make your point without an insult.
Re: Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre by Kingrefreshed: 8:53am On Jan 16, 2021
Wannabenz:

Amen my brother. Tell Jesus to remember me too. Amen

He will my brother. Country really hard!

1 Like

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