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Nairaland Forum / Nairaland / General / Politics / FG May Increase Petrol Price To N180 Per Litre (27518 Views)
Petrol Landing Cost Now N180 Per Litre, Says Kachikwu / Minimum Wage: FG Planning To Increase Petrol Price To N185 – Fayose / IPMAN Threatens To Increase Petrol To N160 Per Litre (2) (3) (4)
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Re: FG May Increase Petrol Price To N180 Per Litre by judondasylva(m): 9:59am On Jan 05, 2018 |
I have said it before that Nigeria can never get any better |
Re: FG May Increase Petrol Price To N180 Per Litre by smulti(m): 9:59am On Jan 05, 2018 |
Chiccly: have heard of what is called chain reaction in economics every other commodities will also increase transport fare Rents price of food clothing air time phones every other services will increase while salaries remains the same . 1 Like |
Re: FG May Increase Petrol Price To N180 Per Litre by segneyukk(m): 10:06am On Jan 05, 2018 |
Dead brain
goro eating Buhari...you will never know peace till you die soon insha Allah..
if you can't handle government resign now |
Re: FG May Increase Petrol Price To N180 Per Litre by Nobody: 10:09am On Jan 05, 2018 |
imhotep:change agents wee evade d thread |
Re: FG May Increase Petrol Price To N180 Per Litre by iyerikan12: 10:10am On Jan 05, 2018 |
you made fuel at #65 per litre and now you increase it to #180 per litre without increasing workers salaries. may God punish the person that brought this idea and the people that supported the motion. 2 Likes |
Re: FG May Increase Petrol Price To N180 Per Litre by bigass(f): 10:11am On Jan 05, 2018 |
LordAdam16: you are a Nigerian too |
Re: FG May Increase Petrol Price To N180 Per Litre by babatee1985(m): 10:15am On Jan 05, 2018 |
Chuknovski:God did coz he gave us who we want and not who will save us. |
Re: FG May Increase Petrol Price To N180 Per Litre by bigass(f): 10:16am On Jan 05, 2018 |
LordAdam16: Personally i support full deregulation. I want any form of subsidy to be removed. Lets buy it at market driven prices. 1 Like |
Re: FG May Increase Petrol Price To N180 Per Litre by bencynthgreat: 10:17am On Jan 05, 2018 |
Where are those media cows? |
Re: FG May Increase Petrol Price To N180 Per Litre by solaere(m): 10:19am On Jan 05, 2018 |
What else confused FG nd funny enough dia wont be no actions ...! |
Re: FG May Increase Petrol Price To N180 Per Litre by Nobody: 10:21am On Jan 05, 2018 |
smulti:Multiplier effect I suppose right? |
Re: FG May Increase Petrol Price To N180 Per Litre by orisa37: 10:32am On Jan 05, 2018 |
Wrong. It's economically wrong to increase fuel price to increase minimum wage(N18000-N56000) That will amount to translating Recession to general Inflation. Fuel price should come down to digital N100 per litre. |
Re: FG May Increase Petrol Price To N180 Per Litre by adetes: 10:33am On Jan 05, 2018 |
Were r these pple taking us to, from fry pan to fire, jona must go baba must enter, he enter finish wahala con dey 1 Like
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Re: FG May Increase Petrol Price To N180 Per Litre by Nobody: 10:34am On Jan 05, 2018 |
We are going to #500 per litre for fuel. By the time we are done, there won't be Nigeria any more. |
Re: FG May Increase Petrol Price To N180 Per Litre by Stylz69(m): 10:36am On Jan 05, 2018 |
Please increase it and let us rest. The signs have been there with all the sound bites in the press. Occupants of the last #Occupy; I hope you are all ready to occupy everywhere o. Chanji!!! Meanwhile I hope the price goes down when the pirice Of crude falls! Does this mean we should pray for low crude prices!!! 1 Like |
Re: FG May Increase Petrol Price To N180 Per Litre by Predator188: 10:36am On Jan 05, 2018 |
Chiccly:APC is after your money for 2019 campaign ...at your own expenses and indirectly you want God to provide it for them for a useless expenses ....1000 naira is almost 7 times the previous price of 143 / 145 naira per litre that means an increased in FG income on sales from petrol by 7times on whatever they will waste the money on...Goods and services will increase by 7times and your personal expenses increased by 7times on whatever you will spend the money on...who is loosing ? |
Re: FG May Increase Petrol Price To N180 Per Litre by Troublemaker007(m): 10:36am On Jan 05, 2018 |
They cannot hide it forever o. The day breeze go blow and fowl anus go open that the current person being paraded by the North as President of of the Federal republic of Nigeria is an Imposter from Sudan known as Jubrin, that day this country go catch fire! |
Re: FG May Increase Petrol Price To N180 Per Litre by Prince786(m): 10:41am On Jan 05, 2018 |
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Re: FG May Increase Petrol Price To N180 Per Litre by Chiccly(f): 10:45am On Jan 05, 2018 |
Predator188: Whatever happens.APC or PDP even if their is APshit or PDF,God will still be God and their will be provision to cater for them all.l am not moved. |
Re: FG May Increase Petrol Price To N180 Per Litre by LordAdam16: 10:45am On Jan 05, 2018 |
bigass: Full deregulation without us having at least sufficient refining capacity for our consumption is just opening the market for abuse. Trust those marketers, they'd increase the price to 350 and tell you at least it isn't 400 like it is in Cameroon, because we are all importing gasoline. And then in the rural areas and hinterlands, expect a N50-100 hike. It's not doomsday prediction. Currently, not everyone is buying petrol at the same price. Those in main Abuja are buying 145. I'm buying 180. Elsewhere in my locale and in surrounding regions, it's 200+. In the hinterlands, it's 240+. With full deregulation without good refining capacity, it'd be the same or worse. -Lord |
Re: FG May Increase Petrol Price To N180 Per Litre by Chiccly(f): 10:46am On Jan 05, 2018 |
smulti: |
Re: FG May Increase Petrol Price To N180 Per Litre by LordAdam16: 10:48am On Jan 05, 2018 |
bigass: And so? Did the country elect the candidate I supported in 2015? Did the country not fall for stup*d promises and are they not still falling for stup*d comments daily? Better respect yourself this morning. -Lord |
Re: FG May Increase Petrol Price To N180 Per Litre by walezy85: 10:49am On Jan 05, 2018 |
may remove or had stylishly removed it already,they should just try & build our own refinery. friends I gat some good coin cryptocurrency for sale Ohni and Piggycoin their price is relatively low now just buy & keep for more info message me on whatsapp or call 08036871310 thanks 1 Like |
Re: FG May Increase Petrol Price To N180 Per Litre by onomeabuja: 10:59am On Jan 05, 2018 |
NIGERIA IS DOOM NAH,,, AS AT 2004, I WORKED WIT DBN AS A CONTRACT STAFF UNDER NNPC IN KADUNA AND AS AT THEN, EACH WORKER WAS TO BE PAID 50$(7500+) PER HEAD A DAY,BT AT THE END OUR BLACK MEN WHOM WE CALL OGA, TEND TO BE PAYING US JUST 1,500# A DAY. NW U MAY ASK UR SELF, WHERE ARE THE REMAINING 6000#, THAT MEANS ITS GOING TO OUR OGA.S POCKET. SO U CAN SEE Y THAT NO MATTER HW U BARK IN THIS COUNTRY, U MAY JUST BE WASTING UR TIME |
Re: FG May Increase Petrol Price To N180 Per Litre by bigass(f): 11:05am On Jan 05, 2018 |
LordAdam16: For your information i did not vote for Buhari. you really love to fight |
Re: FG May Increase Petrol Price To N180 Per Litre by bigass(f): 11:08am On Jan 05, 2018 |
LordAdam16: even with good refining capacity. Price can't be the same everywhere |
Re: FG May Increase Petrol Price To N180 Per Litre by bigass(f): 11:14am On Jan 05, 2018 |
LordAdam16: Remember diesel is fully deregulated and the price isn't overboard |
Re: FG May Increase Petrol Price To N180 Per Litre by LordAdam16: 11:20am On Jan 05, 2018 |
bigass: What is the demand for diesel? -Lord |
Re: FG May Increase Petrol Price To N180 Per Litre by LordAdam16: 11:21am On Jan 05, 2018 |
bigass: And you really like to rile me up. -Lord |
Re: FG May Increase Petrol Price To N180 Per Litre by Olanna95: 11:25am On Jan 05, 2018 |
All these politics dont bother me anymore, especially when fuel is involved. I always tell Nigerians to go solar. Its the only way one can cope in this economy |
Re: FG May Increase Petrol Price To N180 Per Litre by LordAdam16: 11:27am On Jan 05, 2018 |
bigass: But without good refining capacity, the base price will be higher everywhere. Which do you want? Subsidy - Good Refining Capacity = N180 + reduced range in price + renewed possibility of scarcity Deregulation - Good Refining Capacity = N300 + higher range in price + higher probability of crippling scarcity (remember early 2015) Deregulation + Good Refining Capacity = N250 + reduced range in price + far lower probability of scarcity -Lord 2 Likes 1 Share |
Re: FG May Increase Petrol Price To N180 Per Litre by Xevioso: 11:27am On Jan 05, 2018 |
smulti: This is true only for countries in which petrol is unsubsidised. If petrol is subsidised, the money that the government spends to reduce the cost at the pump is taken from taxation, so the net cost to the economy is unchanged. Except that people with uneconomical cars and trucks would no longer be subsidised by those who have efficient cars, motorcycles or do not drive. Just because the price goes down at the pump, you still pay through taxation and in loss of funds for roads, electricity or education. |
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