They don't want to reduce the cost of governance and they keep borrowing, different taxes ,fuel hike and more still they want more to the extent that they want to collect our own money in savings account .

nemynely:


This is the kind of mediocre reasoning that has kept us where we are. Remain docile and keep talking about God. The bad situation will make you commit evil then you turn around to blame the devil. Keep abdicating your responsibility to God until your likes perish with such mindset.

Read his post. He wasn't talking about the government. He is speaking about himself.
That no matter what happens , he will survive!

drake49:
It baffles me how we swallow every increase in this administration,but in the previous administration we murmur at every single thing. God will continue to provide and we will survive every hike. Amen

Na shame and guilty conscience.. They almost sacrificed Goodluck Ebele Jonathan for taking pump price to #97.. Buhari package the price go 165 and we still dey wait for another increase.. My happiness be say, he dey affect both the Supporter of Jonathan and Buhari.. so make we dey complain am inside our mind by ourselves

springer:
This is One of the Reasons why APC must not come back to power in 2023. #SayNoToAPC# #ENDAPC#. #AKINADESINA/NGOZIWEALLA2023# is the CHECKMATE!

This is Nigeria! Where common sense is lacking....

Electricity tariff will be increased too. They are always in a competition with Fuel marketers.

Hahahaha

This is not good.

This is getting interesting..... it remains for all these fuel station to start selling black market

Sijo01:
We just bought at 180 some minutes ago

so pe olohun ?

Basic problem here is that government and NNPC can't sustain d payment of subsides for oil

Right now it costs 190 to import fuel. A subsidy of 20 naira is still in place. We have debts because of loans taken because of chronically low oil prices.

And our refineries are out of comission because for decades we were selling refined products below the cost price.So no profit to keep them running

And even if we build new ones, can we make a profit selling petrol below 200 naira a liter?

MISSCONGENIALITY:
Electricity tariff will be increased too. They are always in a competition with Fuel marketers.

Electricity has gone up to n51 per kwh

That's from 21 naira per kwh

While cost of production is 53 naira per kwh

Prices go up or discos continue to lose money

If you ever voted for this administration and you come here to complain, may sambisa thunder fire you

And the minister of petroleum is not saying anything. Chai

mejai:
And the minister of petroleum is not saying anything. Chai

What do you want him to do, spend more of our scarce resources subsiding fuel to N40 per liter?

Even the 20 naira per liter being paid as subsidy nnpc is finding difficult to sustain.

Unless you want him to increase taxes to find funds to sustain subsides

They have used killings to silence us. Their ruthlessness has make us fear this government hence the silence and swallowing of all their unfavorable policies. The disunity amongst us have a huge impact

drake49:
It baffles me how we swallow every increase in this administration,but in the previous administration we murmur at every single thing. God will continue to provide and we will survive every hike. Amen

chriskosherbal:
No matter the situation the God who has been providing for the common masses will continue to provide for them..

Honestly...: D

Vardanes2:


Electricity has gone up to n51 per kwh

That's from 21 naira per kwh

While cost of production is 53 naira per kwh

Prices go up or discos continue to lose money

And now that fuel price has gone up, they t9 will increase their.
Why won't discos lose money when they prefer estimated billing to prepared meters. Where are they even producing the electricity from? Abi them to dey produce the light outside Nigeria and then bring am back to Nigeria? When they give excuse for hung fuel price, discos will also give excuses.

MISSCONGENIALITY:
And now that fuel price has gone up, they t9 will increase their.
Why won't discos lose money when they prefer estimated billing to prepared meters. Where are they even producing the electricity from? Abi them to dey produce the light outside Nigeria and then bring am back to Nigeria? When they give excuse for hung fuel price, discos will also give excuses.

Most discos get power from gas powered plants which are run by generation companies or GENCOS.

And the GENCOS have to pay for the gas in dollars , not in naira ( Gas is produced here )
And CBN won't sell dollars to the GENCOS.

So they source for the dollars from the open market at higher cost


Before when discos were charging 21 naira per kwh after paying the gemcos 53 naira per kwh their losses were covered by loans and grants from government and international lending agenices. Now no longer sustainable hence the price increase

Why will GENCOS pay for gas in $$$?

Wicked government and greedy marketers
Look at the speed they always rush to adjust pump price, but will never reduce it even when the price crashes

This con3 don cast.

drake49:
It baffles me how we swallow every increase in this administration,but in the previous administration we murmur at every single thing. God will continue to provide and we will survive every hike. Amen

I promise u, one day Nigeria will be no more....u can't force us to be one,
Can u imagine this govt telling us we can't protest what ever they say, but during gej time , they were pushing the masses to protest, e no go better for tinubu

ecomalchemist:


so pe olohun ?

Baba type in a universal language naw

adenigga:


Source: https://m.punchng.com/Marketers-raise-petrol-price-to-N170-depots-suffer-shortage

dem for kuku raise am to 200 naira......make we know say na round figure.......bunch of useless people

Jesus