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Landing Cost Of Petrol Increases Because Of Devaluation Of Naira - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Landing Cost Of Petrol Increases Because Of Devaluation Of Naira (13670 Views)

Economic Effect Of Devaluation Of Currency. / What Is Devaluation Of Naira? / No More Importation Of Petrol Once My Refinery Is Ready- Dangote (2) (3) (4)

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Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by kemibenji: 2:45pm On Mar 11, 2015
put back our refineries to work and stop this importation woes

4 Likes

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by peteonline: 2:46pm On Mar 11, 2015
Second page ! angry
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by bencobenz(m): 2:46pm On Mar 11, 2015
Yea......That is how to measure the biggest economy in Africa

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by AbsoluteHealth: 2:46pm On Mar 11, 2015
Nigeria's 'monoecomy' of helplessly depending on Crude Export is taking it's toll on the naira. As such, cash crunch on fiscal allocation for the year to other sectors is inevitable. Jaykaymayblac, see what you cause! grin

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by JayKayMaybachz(m): 2:47pm On Mar 11, 2015
AbsoluteHealth:
.

angry

You too matured for this
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by Osumare2013: 2:48pm On Mar 11, 2015
God will have mercy on this country.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by JayKayMaybachz(m): 2:50pm On Mar 11, 2015
Osumare2013:
God will have mercy on this country.

Amen ooooo
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by appini: 2:51pm On Mar 11, 2015
Does the federal government need to subsidize the fall of the naira before that of the PMS too?
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by Segadem(m): 2:51pm On Mar 11, 2015
tdayof:
Nigeria as a country is a SCAM
are u force to stay?










nationalise to Ghana.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by olapluto(m): 2:51pm On Mar 11, 2015
A government that does not know what its doing. I can bet as soon as elections are over, petrol will go back to 100 naira.

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by bosun11(m): 2:51pm On Mar 11, 2015
HelenBee:
*singing* We shall overcome,we shall overcome someday...deep in our heart we know that we shall overcome someday.

Amen and Amen

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by olaolulazio(m): 2:52pm On Mar 11, 2015
GEJ!! GEJ!! GEJ!!



How many times did I call u?



Is this also from APC?

3 Likes 2 Shares

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by tdayof(m): 2:52pm On Mar 11, 2015
Segadem:
are u force to stay?










nationalise to Ghana.
come pack me from my father land nau....


I still love Nigeria even with her short comings.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by steadymind(m): 2:53pm On Mar 11, 2015
what would it have cost the clueless Lot to just announce a subsidy removal when oil prices dropped. No, they still needed to continue funding SureP
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by Kx: 2:54pm On Mar 11, 2015
Where are all those GEJ till 2019 advocates?

Only a fool allows his roof to "lick" when it rains even when he is a roofing " carpenter"

Enjoy ur transformed fuel price since ppl now reason with organs other than their brains.

2 Likes 1 Share

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by arsetalks(m): 2:55pm On Mar 11, 2015
I can' believe I read the first few comments on here and I am close to tears. Nigerians, we never give up. I am happy people like me who believe passionately in this great country still exist.

Kudos to you if you believe we will one day be free fro our shackles as a country.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by arsetalks(m): 2:56pm On Mar 11, 2015
pekeyim:
So what does this actually mean?
It means we are being forewarned of an increase in pump prices soon.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by AbsoluteHealth: 2:57pm On Mar 11, 2015
JayKayMaybachz:


angry

You too matured for this
You jump the gun, trust me, I will not buy a space without putting an edifice.
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by emirofcalabar(m): 2:59pm On Mar 11, 2015
of cos d MOMAN has bin in d biz of collecting dia subsidy payment at all odds even when dia seems to be no fund on ground dey result to strike. so Y re dey complaining now. complete DEREGULATION is d way forwad

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by igbsam(m): 3:00pm On Mar 11, 2015
Build Refinery, Una no gree. Rather una choose to dey shout GEJ till piss comot from una nyash. Vote in a Govt that would build us a Refinery. vote in GMB

2 Likes

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by jpphilips(m): 3:02pm On Mar 11, 2015
grin grin grin grin grin grin

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by JayKayMaybachz(m): 3:02pm On Mar 11, 2015
AbsoluteHealth:
You jump the gun, trust me, I will not buy a space without putting an edifice.


Lol


What edifice?
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by drnairalov: 3:03pm On Mar 11, 2015
Kachisbarbie:
I buy 120N here though from those small Petrol stations to avoid queue in the cheaper ones.

That awkward moment you realise AC ain't even good for your body. grin
So, you rather "wind-down" your glass, both front and back o - make natural air come in biko.

get a bicycle..saves cost, saves traffic, saves pollution. tnk me later

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by Rick9(m): 3:03pm On Mar 11, 2015
#Change2015 is Imminent and by the way Gen M Buhari is back from London Uk #Dancing_Shoki #BabaWhileYouWereGone, your VP Osibanjo did grass root campaigns for you, so you have nothing to worry, you have the grass root supporters.

Last Bullet ---> Even Otuoke Community Want #Change

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by arsetalks(m): 3:03pm On Mar 11, 2015
PDP fans won't dare comment on this thread as it indicts their party and Mr shoeless. It is odd that when crude price was close to $160 in the world market, we see no increment in the value of the naira but we are quick to see one when there is a decline ( a decline that even a fool knows was inevitable).

Ask PDP fans what Gej has done for the nation, they tell you rail, train, rail and then renovated the airports. It is a shame really. In close to 5 years, all he could achieve is renovation of the airports and some old cargo trains despite taking loans from same place as Mexico who have use their own loan to buy new trains.

It is a shame really.

2 Likes

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by JayKayMaybachz(m): 3:05pm On Mar 11, 2015
Rick9:
#Change2015 is Imminent and by the way Gen M Buhari is back from London Uk #Dancing_Shoki #BabaWhileYouWereGone, your VP Osibanjo did grass root campaigns for you, so you have nothing to worry, you have the grass root supporters.

Last Bullet ---> Even Otuoke Community Want #Change

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by dallyemmy: 3:05pm On Mar 11, 2015
[size=16pt]WHY CAN'T WE USE THE MONEY FOR SUBSIDY TO REFURBISH AND BUILD NEW REFINERIES FOR GOD SAKE? THIS IS CONTINUITY OF MADNESS![/size]

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by texazzpete(m): 3:05pm On Mar 11, 2015
Clueless Government

After years of telling us that Subsidy should be removed, as soon as oil price dropped back to a level where subsidy was no longer being paid, the Government brought back subsidy in a politically motivated move to drop price by N10 per litre grin cheesy grin

Now thanks to this and the drop in value of our Naira (in itself stemming from atrocious policies of this Government and the frittering away of our reserve cash), Subsidy is increasing.

All because of desperation!
Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by JayKayMaybachz(m): 3:05pm On Mar 11, 2015
arsetalks:
PDP fans won't dare comment on this thread as it indicts their party and Mr shoeless. It is odd that when crude price was close to $160 in the world market, we see no increment in the value of the naira but we are quick to see one when there is a decline ( a decline that even a fool knows was inevitable).

Ask PDP fans what Gej has done for the nation, they tell you rail, train, rail and then renovated the airports. It is a shame really. In close to 5 years, all he could achieve is renovation of the airports and some old cargo trains despite taking loans from same place as Mexico who have use their own loan to buy new trains.

It is a shame really.

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by jpphilips(m): 3:06pm On Mar 11, 2015
Which pipeline was vandalized recently that we don't know about? people are saying they don't have money again to import products and you are talking nonsense!, how can you expect me to spend 450m on a product that 320m used to buy because you devalued the naira?

I continue telling Nigerians, by the time Jonathan is done with their ars@, they will regret Jonathan 2019.
It is clear that the nation needs to start afresh but we must punish the culprits at the polls, the government's austerity measures is suffocating and the masses think its cool!!

How can you have kids studying abroad and you want to vote Jonathan, are you insane? what devalued the naira? shortage of FOREX
where does our FOREX come from? Sale of Oil, under Jonathan 400,000bbls of this oil is stolen daily worth $46,000,000 when oil was $115.
Jonathan had the temerity to award a security pipeline contract of $1.3b to Tompolo who is part of the theft, can you imagine the wickedness of this man?
Tompolo got his $1.3b in 2011, yet millitary got theirs in 2014 after boko has killed over 13,000 Nigerians? Is jonathan not wicked? are you guys ok! how can you vote poverty on your counscience? Let the Abuja big boys vote him, let us see how many votes he will get, yet the poor people who will soon become armed robbers and prost!tutes are shouting Sai Jonathan!! shame on your souls!!

Other oil producing countries saved at the time reason they are not complaining much, Russia saved $480b, their only achilles heel is their EU sanction.

Norway saved $780b, they are not complaining, Saudi Arabia saved $920b, depleted to $760b they are not complaining, Iran could not save because they were funding several terrorists organizations with their wealth, in cohort with Qatar, Nigeria decided to deplete the ECA and Foreign reserve, that is the genesis of this mess and we say SAI Jonathan? Why did the governors demand for their share of the ECA, because Jonathan was misappropriating it, several personal withdrawals from the account was proved in court.
Under OBJ nobody touched that account, that was how we survived drop in oil price as low as $38, Jonathan is $60, right now and Nigeria is on fire, can't you guys see?

You are an importer getting dollars at 225 naira and you say jonathan 2019? you are a m0r0n.
By the end of 2015 if Jonathan continues, most of the students here will drop out because your parents will lose their jobs, I am firing three next month and a lot of people are doing the same, you guys have no idea what is going to happen by this year end.

let me give you the history, oil price down, devalued naira, shortage of fuel, removal of all subsidies including HIV drugs, do you guys know where austerity measures end? food shortages.

You are a student and you want to vote Jonathan, sorry for you because when the government is running budget deficit like now, salaries will be owed and your lecturers will go on strike, cant you see?

If you took any loan bank , office or cooperative loan, with a devalued currency, you are in for an upward review of your interest rate, and some people think it is cool to be shouting GEJ 2019, those people deserve to be shot without trial grin

All government funded subsidies will disappear, if you have HIV, just save for your burial because in rivers state now, they are stranded, the ones supplied by the Americans can no longer go round, cant you guys see?

We must punish PDP at the polls, why are you scared of Buhari, are you a thief? the undisciplined and the thieves don't want buhari, while you a nobody is singing their praise, what are you scared of?
Anytime you fall in love with Jonathan ask yourself? what do you have to lose?

We are already down with Jonathan, we cannot fear any worse.

Buhari is not a jesus but Jonathan must be punished for this mess, he should be held responsible and accountable for this mess, How can Jonathan approve austerity measures for Nigerians while he could not cut his feeding budget and you guys think its ok!!

He flies 9 private jets and you don't even have a tokumbo car shouting SAI jonathan?

Crude price is down and you think Jonathan is not responsible are you daft? how about saving and appreciating the naira when it was high so that as it goes down, it won't be this low?

jonathan is a walking disgrace if you support Jonathan and you are rich, benefitting from this government, you are wise, if you are an average Nigerian who is gonna face this austerity measures and still support his presidency, you are a f00l and a m0r0n, shaken together and runneth over.

This election has exposed one thing, Nigerians are very bad people, they are willing to stand and die for evil, the next hitler will be a Nigerian, mark my words.

12 Likes 2 Shares

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by jamesbawa(m): 3:06pm On Mar 11, 2015
times re hard

hit like for GMB, share for Gej

1 Like

Re: Landing Cost Of Petrol Increases Because Of Devaluation Of Naira by buJu234: 3:07pm On Mar 11, 2015
what on earth is stopping us from scrapping the scam called fuel subsidy..

so that we can have private investors build alot of refineries...

Please is any of the political parties talking abt building any refinery in the next 12mths in power...

any party that can say so and also show me practical steps he will follow to build one; will b d one that i will vote for..

1 Like

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