Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,127 members, 7,994,814 topics. Date: Tuesday, 05 November 2024 at 09:25 PM

FG Reduces Price Of Petrol To 87 Naira Per Litre - Politics (14) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Reduces Price Of Petrol To 87 Naira Per Litre (75698 Views)

A Litre Of Petrol Now Sells Below N145 In Some Stations — Vanguard / Multichoice Considers Tough Times, Reduces Price Of Offerings For Subscribers / Petrol Price Is Now 74 Naira Per Litre? (2) (3) (4)

(1) (2) (3) ... (11) (12) (13) (14) (15) (16) (17) ... (19) (Reply) (Go Down)

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:10am On Jan 19, 2015
I respect your contribution, but im gonna have to say HECK NO to some things you said

Nigeria runs a democracy , No one can / will or might attempt to overthrow Osinbanjo ? ? ? ,

Its funny the way you said it a soldier from Buhari clan shall take over ? ? 'Shall' sounds pretty heavy to me , but Would soldiers overthrow a democracy that is running the country effectively without crisis ? ? they may be made to killing machines but they are still humans

I still would not vote for GEJ if he makes the fuel free, 6 years administration, the one that introduced SUREP , the one that caused Subsidy removal protest and a whole lot of other issues just thought that 26 days to election he should reduce price by 10 Naira , I am a Nigerian, Educated and Internet savy, and AIN'T BUYING THAT CRAP



hansad:


Look, if ever Buhari wins, any day he is no more, a soldier from Buhari clan shall take over Aso Rock - nothing for Osinbajo.

Even if GEJ makes it free/litre, u shall not vote for him. Some people want to riding piggyback to power on the back of Buhari, not that they believe that Buhari is the best.

The carrier in pix is Buhari, the carried is Tinubu.

3 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by allbright(m): 6:11am On Jan 19, 2015
Jalal:
Just announced by Petroleum Minister, says takes effect from today midnight sunday 18th Jan.

Source NTA news

Details later!


http://www.vanguardngr.com/2015/01/petrol-sell-n87litre/

Still too high, petrol pump price in Nigeria should be n35litre for all I care!

We are sure going to call Nigerians out for a mega protest, petrol price should be further reduced to n35/litre or less than!
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by leo2020: 6:11am On Jan 19, 2015
Another electioniaring scam..it's termed carrot n stick approach.. toooooo late

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by janespecial010(f): 6:13am On Jan 19, 2015
Tonniey:
God Bless you my president. Just knw dat people will still castigate you 4 dis reduction of fuel pump price, bt history will not 4get u as u ve included ur name among d presidents dat brought down d price of fuel.

If God say u gonna make another four years, so be it, bt if not, let's wait and see when d same people who re against ur re-election vote 4 GMB starts singing hosana in ur name after dey would have discovered dat APC doesn't even worth a wolf in sheep's clothing.

APC=Always Producing Clowns


If u want change, u will neva find it in GBM/osibanjo.




Mind u, I don't come back to read people dat quotes me.

Who raised the fuel price before. My dad abi. Politically brainwashed Nigerians.

He should had reduced it to 65NGN where he met it.

4 Likes

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Empiree: 6:14am On Jan 19, 2015
DaBullIT:
[size=18pt]There's nothing great about this news, first because it's long over due

secondly ,10 fourking naira ? ? ? WTF ... BARREL of OIL is less than half the price it used to be , I expected the pump price to be reduced by at least 40 naira


Finally, last minute reduction in fuel price just as the election draws closer ? ?

Heck No GEJ , I ain't voting for ya , sorry dude [/size]
grin

4 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by daroz(m): 6:15am On Jan 19, 2015
olas24u:


Dont be deceived the Big oil guys are at work ,they are scared of change.The refineries must work so that it can be less than a dollar for a liter
So fuel is more than a dollar per litter right now, abi?
Some people self, educated but still very much an illiterate.
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:20am On Jan 19, 2015
You are right , in fact , Saudi and some other states in the world are the ones dictating the price right now ,

everything has to be factored in , that much i agree with you , Must we export our oil and reimport , even there's costs to reimport , those ships or freighters use products of crude oil too which means the federal government's expenses on transporting / delivering fuel to Nigeria has reduced as well

What's wrong with having a functioning refinery in Nigeria , what's wrong with having Oyinbo as a project director and head of operations in Nigerian refinery // the 20B missing is more than enough to build refinery at least a low production scale one at least it'll help create experience for those who will be employed and if we maintain that, maybe the world will help us ,

but no , 6 years of deliberation the best they come up with is to reduce price by 10 naira


perculiarperson:


There is no direct correlation. The price is also dictated by global economic growth and the forces of demand and supply of crude. Bear in mind that the price of importation of PMS has to be factored in with other costs such as storage, etc..

Currently, there is a downward trend in global economic growth and there is excess supply of crude oil.

Thank you.

1 Like 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:23am On Jan 19, 2015
sapientia:


Like seriously are you ok?


Two comments above mine , you'll see the same view in different words

in every 5 comments in the topic , 4 said the same thing i said in a different way

over 1000 comments agree with me

So , if there are thousands of people saying heck no and one person comes to say heck yes

Mr Heck yes needs to be flown to the nearest psychiatric clinic

3 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Owakoi: 6:23am On Jan 19, 2015
scribble:
It is over

bye bye Baba Buhari Oyoyo tongue

So now when they buy fuel tomorrow, the APC sympathizers cry can ask the fuel attendant for more CHANGE

Do you see what I did there? kiss

grin
badt nigga...feeling u joor..
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by bettercreature(m): 6:24am On Jan 19, 2015
This shows how desperate this man is,he will loose another 1million vote because of this announcement because we all know petro should be 50naira per litre and he is going to increase it again if he is re-elected meanwhile he shouldn't forget to talk to Dangote to reduce cement price as well,you have lost my vote long ago,I won't vote for you even if you start feeding me 3 times daily

3 Likes

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by okoolori(m): 6:24am On Jan 19, 2015
Jalal:
Just announced by Petroleum Minister, says takes effect from today midnight sunday 18th Jan.

Source NTA news

Details later!


http://www.vanguardngr.com/2015/01/petrol-sell-n87litre/

JONATHAN EBELE AZIKIWE ANSWER THE FOLLOWING QUESTIONS :

* In 2008 when Obasanjo picked you to be Yaradua's running mate who were the people that first kicked against your candidacy?

The Ijaws did. Their reason was that the 2 years as governor in Bayelsa you did ABSOLUTELY NOTHING. Till date, your erra is still termed the worst in Bayelsa.

* Why did Obasanjo find it difficult to sell you to his allies and PDP as Yaradua's running mate?

You Jonathan had a case with EFCC has documents proved you embezzled N9,000,000,000 (NINE BILLION NAIRA) while your wife Patience laundered $4,000,000 (FOUR MILLION DOLLARS) all these within two years.

* Ebele, who was your biggest opposition in becoming Yaradua's running mate?

The answer is EDWIN CLARK. The man who today is your mouth piece and who is pretending loves you the most.

* Azikiwe, amongst other tricks, what did you do to gather public sympathy?

You Mr Deceitful sent people to blow up part of your house in Bayelsa to make it look like it was your political opponents. The SSS released a report which you guys later hid to debunk your dubious claim.

* Jonathan, when Yaradua made you to be in charge of negotiations with the Niger Delta Militants, who were those who objected and what was their reasons?

Asari, Tompolo, and Boyloaf. Their reason being that you are not sincere in the Niger Delta course but only after your pocket.

SHOULD I GO ON?

* What was your agreement with PDP regarding a 2nd term.

You promised and even swore you will go for a SINGLE TERM

*Why did you jail James Ibori and forced Aoandoka to go underground?

To revenge their utmost loyalty to the late Yaradua
.

* Did you fulfill your agreement to Tinubu and others even when they had to betray their party at that last minute in order to canvass for you.

ABSOLUTELY NO.

* How did you try to mock and tarnish Obasanjo?

You didn't only remove all his loyalist from your government, you also made sure you made his enemies your closest allies. You don't need me to start calling names right?

* Who is Jonathan's BIGGEEST Northern Ally?

Alli Modu Sherrif. The CHIEF SPONSOR OF BOKO HARAM.


AWAY FROM POLITICS.


* You promised Nigerians incentives in order to remove subsidy. Things like stable power, metro buses (in Lagos and Abuja), full road rehabilitation etc.

MR LIAR WHERE ARE THEY.

* Obasanjo's government brought GSM amongst other things, Yaradua's short time in government brought RULE OF LAW. Jonathan what has yours brought?

NOTHING EXCEPT INCREASE IN CORRUPTION.

* Never in the history of Nigeria has all institutions witnessed as much strike as yours.

*Jonathan WHERE ARE THE CHIBOK GIRLS.

* Jonathan what in Heaven's name do you need FIVE presidential jet for even with the high rate of poverty in the land.

* Ebele, the ONLY Nigerian president that tried all means to DIVIDE Nigeria along Religion and Ethnic line.

* The ONLY AFRICAN PRESIDENT THAT OPENLY CELEBRATES CRIMINALS AND EX CONVICTS. Kashamu, Alameisia (or whatever), Bode George.

* Jonathan will rather gallivant with Nollywood stars than have a session with those brains who are truly making Nigerians proud both Home and Abroad. Or better Still, compose a comforting message to the people of North East.



Nigeria as at today HAS NO GOVERNMENT.

We provide our water - borehole.
We provide our light - generator/ inverter
We provide our security - high fence/ cctv
We provide our education - private school.
We produce fuel yet pay the most in the world.
We have no motorable federal road.

A BIG SHAME NIGERIA HAS NO NATIONAL CARRIER.

HIGH Uneployment in the land.

High rate of Corruption (the CLOWN wants to curb corruption with technology).

JONATHAN YOU ARE A FAILURE!!! Even if WE give you 10 terms ( 40 YEARS). YOU WILL STILL NOT TAKE US TO THE PROMISE LAND.










FELLOW NIGERIANS : Share these on your Facebook, Twitter, Instergram, BBM, Whatsapp, And every blog and forum you know. Until Jonathan can answer the above questions he doesn't deserve our "clap" not to talk more of our "votes". Be warned! No known record for a successful brain transplant yet so we don't expect any state of improvement in Jonathan's cluelessnes and deceits.

8 Likes

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by atiku07(m): 6:25am On Jan 19, 2015
U sef na mumu u forgot we dont import de crude we produce it ode


duni04:

The dumb teacher doesn't know the value of the naira has fallen so it costs more to import a barrel of oil than it did 10months ago.
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Nobody: 6:27am On Jan 19, 2015
I dislike him but now it's on the next level(hate). This dumb is taking Nigerians for a ride. PDP using all methods possible to win our hearts since election is close by. The ship has sailed, jonadumber, we ain't dumb like you. Put the oil price back to ur assss and other naija presidents.

3 Likes

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:28am On Jan 19, 2015
Macelliot:

Wish u too many likes in advance

Bros , your kin winsh na serious one eh , i like am die , He never happen before say i collect prayer , wish and he come true sharp sharp, This is my testimony, as of now i got more than 550 likes ,first time EVER

Abeg , wish me to hammer

make my helper find me come

Wetin i need na just 300Million before the year end .

make my clients pay

make my enemies pay me their money and make them waka go bush

make God forgive me for attempted murder of my enemies grin

Make we all receive open heaven blessings, good health and wealth

make we celebrate Buhari / Osinbanjo as President and VP , Later this year

Thanks Bross , God bless you

2 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:33am On Jan 19, 2015
Fuel is being sold in UK at irritating ridiculous price

Fuel is being sold reeeealy cheap in United states

Nigeria imports her oil, that's BS , embarrassing and disgusting , but those importers don't buy Nigerian oil , they buy world oil, and fuel their ships / tankers, which means the reduction in price of crude world wide made the shippers / freighters charge Nigerian Government less money to import our fuel and the cost of transportation within Nigeria would have reduced if they reduced the pump price considerably

Thanks for your contribution grin


miky:


Did you consider the fact that nigeria imports 80% of its oil, did you factor in shipping cost as well? transportation by road in nigeria?

1 Like 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 6:36am On Jan 19, 2015
Konnektions146:


10000000000 likes
please let them hold their 10Naira, we are used to high fuel cost

Na so Jare , 10 Naira for wetin

[size=20pt]I trust petrol stations , since there's no one monitoring or controlling thier activities, they will sell for 100 for at least 2 more weeks and then claim they did not get the new delivery

even if they don't sell at 100-97 , trust me those people will sell at 90 because no 3 naira change

and i strongly believe that this is a bad omen, they announced that cement is 1k , cement sells for 1850 even 2000 right now ,

Nigerians BRACE for IMPACT [/size]

3 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Nobody: 6:37am On Jan 19, 2015
ikeyman00:
@@@

yall can go to hell!

we are heading back to Biafra!

ndi ara

Animal, you and who? Uneducated buffoon. Onye Ara
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Mbag(m): 6:38am On Jan 19, 2015
Fuel price reduction, good news!
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by wizman11(m): 6:43am On Jan 19, 2015
still not voting for you because by feb 16 after you must av lost d price will leap frog to 120 u can bet it

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by sokera: 6:46am On Jan 19, 2015
NOW I KNOW GEJ IS DESPERATE AND AFRAID OF FEBUHARI. GEJ BYE TO YOU WE ARE WISER NOW

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by sakabien: 6:46am On Jan 19, 2015
Tonniey:
God Bless you my president. Just knw dat people will still castigate you 4 dis reduction of fuel pump price, bt history will not 4get u as u ve included ur name among d presidents dat brought down d price of fuel.

If God say u gonna make another four years, so be it, bt if not, let's wait and see when d same people who re against ur re-election vote 4 GMB starts singing hosana in ur name after dey would have discovered dat APC doesn't even worth a wolf in sheep's clothing.

APC=Always Producing Clowns


If u want change, u will neva find it in GBM/osibanjo.




Mind u, I don't come back to read people dat quotes me.
u didn't make any sense @ all.Next time use ur brain idiot.

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by 100Cents: 6:51am On Jan 19, 2015
Given that a lot of economic factors are involved in determining the new pump price of PMS, i expected the price to hit N65, since that was our former threshold. But I know it will definitely come to that. As long as it sells for N87, let them save the excess money for infrastructural development. Importing the refined product is also costlier right now with devalued naira value against dollar

For me, i have chosen Generator above PHCH. So that's good news..
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by FAPatriot(m): 6:52am On Jan 19, 2015
See campaign strategy. That one no do again e don master people. Na now dah one go work? We refuse to be deceived!

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by haibe(m): 6:55am On Jan 19, 2015
Teacher: When crude oil was N119 per barrel, we
buy petrol for N97 per litre
Now that crude oil is N49 per barrel with all other
things being equal, what is the expected price of
petrol per litre?
Jonathan: N87.
Teacher: Pls who award PhD to this man who
doesn't know simple arithmetic?
Teacher: buhari what is d answer?
Buhari: sir, the only items that change is price, so
our change formular is;
If N119 changed to N49
Then N97 will CHANGE to N27
Teacher: But they said u don't have certificate?
Buhari: it's a simple arithmetic, even market
woman can solve it.
Teacher: Chai chai..... we need CHANGE

3 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by ybalogs(m): 6:57am On Jan 19, 2015
GEJ dey insult us oooo walahi,so him dey think say we be "I never chop".Reducing the price now so that after we Don vote am him go fit double am abi.Infact if I wan vote for am before,him Don finally step on my toes.I'd rather vote for a dog now.mcheeew

3 Likes 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Bamz(m): 6:59am On Jan 19, 2015
leo2020:
Another electioniaring scam..it's termed carrot n stick approach.. toooooo late

I think it's more of carrot on a stick approach. A bit similar though. Did you study Economics?

1 Like 1 Share

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by eaglechild: 7:00am On Jan 19, 2015
DaBullIT:


Na so Jare , 10 Naira for wetin

[size=20pt]I trust petrol stations , since there's no one monitoring or controlling thier activities, they will sell for 100 for at least 2 more weeks and then claim they did not get the new delivery

even if they don't sell at 100-97 , trust me those people will sell at 90 because no 3 naira change

and i strongly believe that this is a bad omen, they announced that cement is 1k , cement sells for 1850 even 2000 right now ,

Nigerians BRACE for IMPACT [/size]



What happened to the money part of the dispenser where you can input the exact amount needed.

Think before you rush to type.
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by DaBullIT(m): 7:06am On Jan 19, 2015
Thanks , in this part of the country , they sell per liter , they won't input anything for you , and when they round PFF , they do so to whole numbers , I know what I am saying ,

eaglechild:




What happened to the money part of the dispenser where you can input the exact amount needed.

Think before you rush to type.
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by atiku07(m): 7:08am On Jan 19, 2015
Oga can u pls shut up with that ur factoring mentality all things has been factored in and truth here is there is no more subsidy cause all things been equal normal pump price should be 87.85k which means no more subsidy. So the question here is where is the billions budgeted for the subsidy? sapona lo ma pa iyalaya anybody to ba dibo fun jonathan awon ole oloriburuku cry cry



miky:


Did you consider the fact that nigeria imports 80% of its oil, did you factor in shipping cost as well? transportation by road in nigeria?

2 Likes

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by olatade(m): 7:09am On Jan 19, 2015
Teacher: When crude oil was N119 per barrel, we buy petrol for N97 per litre
Now that crude oil is N49 per barrel with all other things being equal, what is the expected price of petrol per litre?
Jonathan: N87.
Teacher: Pls who award PhD to this man who doesn't know simple arithmetic?
Teacher: buhari what is d answer?
Buhari: sir, the only items that change is price, so our change formular is;
If N119 changed to N49
Then N97 will CHANGE to N27
Teacher: But they said u don't have certificate?
Buhari: it's a simple arithmetic, even market woman can solve it.
Teacher: Chai chai..... we need CHANGE
Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by Nobody: 7:10am On Jan 19, 2015
Firefire:


MichaelSokoto,

Why not give Jonathan kudos for making you think that your vote NOW count ?

Or have you forgotten so soon Nigerians previous mentality of your vote does not count?

Dr. Goodluck Jonathan has sanitized our electoral process.

Now your Vote Count! cool

Thank you again, the man of the moment - GEJ
You r right but the last time I checked pdp is still the party to blame,so they r trying to correct their mistakes but it's too late

1 Like

Re: FG Reduces Price Of Petrol To 87 Naira Per Litre by jellow(m): 7:12am On Jan 19, 2015
hmmm,....their is God oooo

(1) (2) (3) ... (11) (12) (13) (14) (15) (16) (17) ... (19) (Reply)

Buhari Bans 50 High-profile Nigerians From Travelling / Man Reacts To Koko Zaria's Hotel (Photos) / Abdulmumin Jibrin: "Is This The Buhari We Know? Noooooo Something Is Wrong!

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 67
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.