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Nairaland Forum / Nairaland / General / Politics / Petrol Pump Price: Three Possible Solutions Being Considered By FG (40549 Views)
Petrol Pump Price Reduced To N121.50 By FG / FG To Reduce Petrol Pump Price From ₦125 To ₦123.5 Per Litre / Expected Petrol Pump Price Drops To N114.53 Per Litre (2) (3) (4)
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Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by EternalTruths: 9:39pm On Jan 05, 2018 |
Proudlyngwa: Then you are not ready for development. Besides, why do you insist on a functional railway system before such a system is adopted. How have we being transporting fuel through out the country.? |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by EternalTruths: 9:41pm On Jan 05, 2018 |
GavelSlam: Okezie is using that means to loot money Use your brain for once to see Okezie for who he is. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Proudlyngwa(m): 9:41pm On Jan 05, 2018 |
EternalTruths: Because the mistake this administration made at the beginning was not knowing change is a gradual process. Humans will always resist change 2 Likes |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by EternalTruths: 9:44pm On Jan 05, 2018 |
Proudlyngwa: You are not yet ready for Change. Allow Marketers to import fuel without subsidy and watch fuel price collapse. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by KBrown: 9:44pm On Jan 05, 2018 |
kizyalex10: Indeed, Nigerians are very forgetful. If only Jonathan had utilized the opportunity of very high crude oil prices to make our refineries work, repair our bad roads and vigorously build the railway, nobody would have voted him out. Instead, he was paying for over bloated subsidies for non existed petroleum products supplies and sharing dollars meant for development and war against terrorism. I would never have believed that Nigerians memories are so short that so many online warriors are clamoring for his return in less than 3 years. There's truly wisdom in the saying that "A people get the type of leadership that they deserve" Pending the time that Dangote and other refineries would come on stream, our best bet is for the NNPC to bear the loss by continuing to be the sole importer and manage the distribution the way and manner they did until the recent sabotage that led to the scarcity during the yuletide. They will do well to continue this until the government is able to sell the old refineries to competent investors who can do a proper turnaround maintenance and run the business profitably in readiness for competition with Dangote and others when they begin production next year. The other options are no options at all! 5 Likes 1 Share |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Proudlyngwa(m): 9:50pm On Jan 05, 2018 |
EternalTruths: Stop deceiving yourself. It won't collapse, except the dollar rate falls. Maybe you need to search an check for world gasoline prices. http://www.globalpetrolprices.com/gasoline_prices/ We are currently at our position because of subsidy. Without exchange rate reviews, we won't get out of this mess In the graph Nigeria sells @ 0.40dollars 1 Like
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Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by GavelSlam: 9:52pm On Jan 05, 2018 |
EternalTruths: So you have thieves amongst you. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by EternalTruths: 9:53pm On Jan 05, 2018 |
GavelSlam:So all your tribesmen are holier than Jesus.? 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by GavelSlam: 9:55pm On Jan 05, 2018 |
KBrown: You will soon be labelled BMC. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Bimpe29: 9:56pm On Jan 05, 2018 |
It's indicative that the pump price may be jacked up shortly. That will actually have a multiplier effect across all levels of general price. Only God knows when the desirous CHANGE Nigerians deserves will come. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by GavelSlam: 9:56pm On Jan 05, 2018 |
EternalTruths: At all. As an itsekiri man I am well aware that criminals exist in every society. But it's the first time any of you has fessed up to such. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by shedy03(m): 10:05pm On Jan 05, 2018 |
come 2019, the promise of N40/liter petrol pump price won't be part of APC campaign promises. lol. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Seguntimmy(m): 10:23pm On Jan 05, 2018 |
RadicalTrump: . . Do you know some are already missing here, Sarrki, Hungerbad, Omenkalives, etc. But let a thread reads: Buhari commissioned a kilometer road, dem go quickly rush there and start ..................................... U know d rest, make dem no coman behead me 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Teacher1776(m): 10:28pm On Jan 05, 2018 |
ihatesycophant:American government is the biggest debtor in the world owing trillions of dollars, yet the country's economy has not crumbled. Her dollar is still as strong as ever. Every government inherits debts. Buhari will still Handover debts to his successor. So, shut that line. They are all excuses for failure. Try another line. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Toks2008(m): 11:18pm On Jan 05, 2018 |
Teacher1776: Your comment shows you have no knowledge of the situation and to think you have so many likes..smh! I'm too tired to explain anything now. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by cyborg123(m): 11:26pm On Jan 05, 2018 |
ednut1:Submit your balls for onward transmission to an escrow vault. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by TalkingBird: 11:40pm On Jan 05, 2018 |
Story. Workers asking for pay rise, where will the money come from? Collect the money from increased fuel price, pay them. Market women and others increase cost of all stuff and then we are all back to the same point with the difference being only on the amount of money spent for an item. But the level/standard of living remains same, no left or right shifting. A world racing to its end can not be managed. People just waste time postulating theories and philosophies that will not help. Those with stagnant salaries will suffer more. And the argument will continue with twisting of issues to suit once side of the argument even when the obvious is clear. No wonder we read: (Revelation 12:12) 12 On this account be glad, you heavens and you who reside in them! Woe for the earth and for the sea, because the Devil has come down to you, having great anger, knowing that he has a short period of time.” The same argument is going on everywhere in the world with the difference being the issue that affects that part of the world. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Comrade1410: 5:04am On Jan 06, 2018 |
Why we the Nigerian can not trust the government of the day despite all the campaign promises, and no one had being fulfilled. What a shame to a nation that have every minerals resources in place yet it citizens are in pains, with no visionary leaders, what a shame to the senators/rep members etc. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by billyG(m): 5:24am On Jan 06, 2018 |
oil is a curse. 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by lowaist101: 5:55am On Jan 06, 2018 |
This Is Where We Expect The Government To Intervene. Social Democracy Is A Postulation Of Welfare Economy. Anything That Increases The Fuel Price Will To Increase In The Prices Of Commodities. This Will Aggravate Cost Push Inflation. This Will Increase The Misery Of The People. More So, We Cannot Go The Way Of Subsidy Because It Will Cost The Government A Lot. And At The End, There Will Be Little For Capital Project. In The Mean Time, LET CBN CONTINUE TO INTERVENE. If NNPC Continue To Import Then We Should Set Up Network To Prevent Saboteurs From The Marketers In Terms Of Distribution. NNPC Uses Their Depots! |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Emyogalanya: 6:11am On Jan 06, 2018 |
kuntash:BEHOLD OBY EZEKWESILLY |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by modik(m): 6:32am On Jan 06, 2018 |
GavelSlam: Lies and propaganda have short life. Are you just waking up from occupy Ojota rally? 1 Like |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by samstels: 7:24am On Jan 06, 2018 |
Islie: |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by davidif: 7:41am On Jan 06, 2018 |
Oh my Goodness! Price controls and currency controls? Now I am truly beginning to understand why the oil and a gas sector is a mess. When will all this third world countries learn from their counterparts in other parts of the world? Price controls and currency controls are counterproductive governmental intrusion into the market place. Let market forces determine the peice of crude, not the govt. Why no one seems to understand this is simply shocking. 3 Likes |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by davidif: 7:46am On Jan 06, 2018 |
lowaist101: Wrong! Wrong! Wrong! Governmental intrusion into the free market usually end up hurting those it seeks to protect. What the Fed govt should do is abandon their price controls and currency controls and let the free market dictate things. While they are at it, they need to sell our refineries and NNPC, and NLNG and watch out economy take off. If I were in their shoes I will even take it a step further and return from the federal govt back to the people. Do all this and see what happens to the Nigerian economy within a year. Too bad our leaders either don't know what to do or they don't have the courage to do it. 3 Likes |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by davidif: 7:49am On Jan 06, 2018 |
EternalTruths: Wrong! NNPC should not exist in the first place. It's an avenue to steal money by the corrupt govt. The oil and gas sector should be in private hands. It's state run companies that impede progress and investment into the oil and gas sector. 3 Likes |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by tuniski: 7:51am On Jan 06, 2018 |
omololu2020:You are a better, alternative all alternatives are better than buhari! |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by davidif: 7:52am On Jan 06, 2018 |
Proudlyngwa: Absolutely Wrong! The way forward is for the govt to sell off NNPC, NLNG and all the state run refineries and let the free market set the prices. This is how things work in developed countries like the U.S. governmental intrusion into the free market systrem all in rhe nsme of looking out for the common man tends to hurt the common man in the long run. Get the Fed govt out of the oil and gas sector now!! 5 Likes 2 Shares |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by gare(f): 8:06am On Jan 06, 2018 |
Islie: |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by GavelSlam: 8:52am On Jan 06, 2018 |
modik: I am not parochial as you are I was always for deregulation. |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by Proudlyngwa(m): 9:36am On Jan 06, 2018 |
davidif: the united states government regulated til their was stability, then they sold off. stop allowing global imperialism deceive you. china owns its oil companies as does Venezuela , Russia, UAE qutar and many more, we can set our own rules and regulations tooo, what we need is sincere and competent people managing it the Nigerian tax system has not advanced to the extent of handing of every government business owned entity. 1 Like 1 Share |
Re: Petrol Pump Price: Three Possible Solutions Being Considered By FG by IamThrive(m): 10:28am On Jan 06, 2018 |
This current administration lacks what I call good and intelligent governance. It will take NNPC donkey years to tell CBN to release dollar at $204 in order to make fuel available which all the sectors use in absence of steady power supply? Our religious tourists get same dollar, less than $204. I guess the problem is not our political leaders, it is just that we, Nigerians lack the utmost will to choose what is right against what is wrong! |
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