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Buhari Reduces Petroleum Price To N125 Per Litre - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Reduces Petroleum Price To N125 Per Litre (57154 Views)

Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 / N125: Have They Started Selling Fuel At The New Pump Price In Your Area? / FG Plans N97 Per Litre Fuel For Common Man (2) (3) (4)

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Re: Buhari Reduces Petroleum Price To N125 Per Litre by einsteine(m): 10:59pm On Mar 18, 2020
Fuel station owners who have already bought at the old price, how would they proceed? Drink the PMS?

If prices were market determined, we won't need this fire brigade approach

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by zubinike(m): 11:00pm On Mar 18, 2020
omofranyoung:
Nice one.....
Las las.....we go dey alright.


Now wen nobody gree buy our product due to oil price dropping. The crooks them no want loose two ways. Instead of sell in lesser prices for customers abroad when them no see due to corona outbreak. u are now diverting to sell lesser to Nigerians make production for no loss.

3 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 11:00pm On Mar 18, 2020
clueless government. instead of them to use the money saved to build roads
Re: Buhari Reduces Petroleum Price To N125 Per Litre by OdefaGirl(f): 11:00pm On Mar 18, 2020
If only transporters will do something about it...

1 Like

Re: Buhari Reduces Petroleum Price To N125 Per Litre by zubinike(m): 11:04pm On Mar 18, 2020
sotall:
The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.


That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.


Bros, you seem not to understand what is going on self in the economy. The price of oil that crashed down, means we can't sell our crude oil at bench mark 57$ per barrel to our markets(India,Netherland,s.a and other countries) our production since April still lies in the vessel. No country wants it. Meaning the oil market has lost value in the international market, so they wanna turn inwards to reduce price in order to increase consumption and production in Nigeria. They wanna use Nigerians to meet up, because foreigners are not ready to settle for an absurd price we wanna sell our oil, which Saudi Arabia rift with Russia has cursed by the crash of oil price.


This government is scam undecided

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by TopNotchdecor(m): 11:06pm On Mar 18, 2020
BLESSICA:
If you need financial help, send me your account number via 07038394724

Manage any amount you see.
your village people need am pass... give to people around you first before coming on here.. Local scam kills faster ...

1 Like

Re: Buhari Reduces Petroleum Price To N125 Per Litre by vioment: 11:09pm On Mar 18, 2020
Lol. Nigeria is a joke to itself and to the world.

Let me ask o, is it a crime for a naijan to do good for his/her fellow Naijans in Naija or even anywhere else.

It is a hard time worldwide. Instead of Naija leaders to help contribute to the sanity of its citizens, they are here disregarding lives as usual.

Our immaturity is hunting us. And our greed will keep us running in circles.


We no get level

No light

No good water

No refinery to help control price

No serious spaces for farming (Zimbabwe had to call their expelled farmers back, because Africans are not credible farmers in the 21st century)

Lack of truly educated graduates

Serious lack of discipline

Lack of law and order

1 Like

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 11:12pm On Mar 18, 2020
What about VAT that you increase which has also create inflation?

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by jubrilELsudan: 11:18pm On Mar 18, 2020
HOPE THE PRICE OF KUKUNASE WILL ALSO REDUCE.

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 11:21pm On Mar 18, 2020
They said competition would reduce the price of pms.Ever since the price was increase by Buhari,it has not gone down.

3 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by chidi2pus(m): 11:24pm On Mar 18, 2020
Truthbites:
Guys reduce to #67 biko

Risk of doing business

They should take the loss

1 Like

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Correcto: 11:29pm On Mar 18, 2020
Be thankful first
Northmall:
It should be 70 Naira.
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 11:29pm On Mar 18, 2020
badmrkt:
What about those who bought @133.28 per litre from the depots??



If it was an increase of pump prices will marketers that bought aa @LIFO not selling the new price over maximizing gain.
From now till next week most of these fillings wil be playing ignorance, there favourite excuse "Oga is not around we are yet to get directives" grin yeye
Re: Buhari Reduces Petroleum Price To N125 Per Litre by elmodee7(m): 11:31pm On Mar 18, 2020
Iyiataata92:
Mele Kyari/Abba Kyari
Whats even the difference?
saddist

1 Like

Re: Buhari Reduces Petroleum Price To N125 Per Litre by fineboynl(m): 11:38pm On Mar 18, 2020
the most important thing vu metres are not accurate
Re: Buhari Reduces Petroleum Price To N125 Per Litre by omobaba1759: 11:38pm On Mar 18, 2020
ATIKU EFFECT
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Openbusiness: 11:39pm On Mar 18, 2020
Buhari is a SCAM! During Abdusalami Abubakar and OBJ time when crude oil was selling between $20 - $40 per barrel, petrol pump price was between N11 - N30 per liter. Everything about Buhari regime government is a bloody scam, even petrol reduction. Tueh!!!!

3 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Ghostmode2two(m): 11:41pm On Mar 18, 2020
The only good thing from Corona virus.
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Iyiataata92: 11:41pm On Mar 18, 2020
elmodee7:

saddist
Happyist
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Openbusiness: 11:42pm On Mar 18, 2020
Northmall:
It should be 70 Naira.
It should be N20. Is this the first time crude price is selling around $30 in this country? No! How come dictator Buhari own is always different in an evil way?

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Iyiataata92: 11:43pm On Mar 18, 2020
WelcomeToBiafra:
Radio Biafra is doing great miracles.
The fear of IPOB and the fear of conronavirus.

If they like let them reduce it to #5 per liter, we don't give a damn. We can't be distracted by fulani terrorist strategies to buy cheap political point

Another strategy to divert attentions from fulani Islamic terrorist evil agendas. Terrorist leadership from Aso Rock is reducing gas price for the benefit of fulani terrorist, in order to arrive and start massacring operations against Biafran Christians/worshippers, because in the North they don't buy gas.

By now my sweet BIAFRA country would have deposit our monthly up keeping cash to our various bank accounts in this of war.
But Nigeria leaders are busy stealing people's money.
Citizens feeding money.
I wish you had a little more sense than this

I really wish

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Openbusiness: 11:44pm On Mar 18, 2020
Correcto:
Be thankful first
Thankful for what? angry for this scam evil government?

2 Likes

Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 11:50pm On Mar 18, 2020
sagitariusbaby:
Someone should tell His Excellency, the Executive Problem of the Federal Republic of Nigeria that it has to be 80 naira or we are not taking it

This is Nigeria
There's no negotiation.
They would gladly take back their 20 naira without even thinking once.
I just hope it reflects early enough in my area
Re: Buhari Reduces Petroleum Price To N125 Per Litre by arsenal33: 11:51pm On Mar 18, 2020
hisgrace090:
Long overdo!
overdo? Who did this to you?
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Mizwisdom(f): 11:52pm On Mar 18, 2020
okka:
Fellow Africans,
�I address you today as the globe is shaking, the kings and rulers of the earth have now known that they are but mere men.
�A mere virus have emptied the streets of proud cities. National and international Airlines have been grounded, schools closed, entertainment events closed, even friendly hand shakes are now avoided to elbow shakes.
�Have you paused and wondered what is really happening. Why is there so much global panic now.
�The thing is, GOD is trying to get the attention of the world. It looks like a final warning from the office of the CEO of the UNIVERSE.
�It is a signal that a very big event is about to take place in the globe.
�God never does anything without first giving out warnings to alert humanity.
�JESUS CHRIST is COMING SOON from the SKIES and all GLOBAL TV networks will carry it live with commentaries of the event. Revelation 1:7 Matthew 24:29-31
�The world will be divided into three groups of people.
*Those who made the rapture and left the earth to be with Jesus Christ in the sky.
*Those who are carnal believers that did not make the rapture because they were not prepared for it.
*Those who never believed in Jesus Christ before the rapture and they cannot be saved again because the Holy Spirit will not be there to convict them of sin to repent and be saved.

�Now, come to think of it, Just a mere Virus and the whole Earth is on Panic mode.
�Just a Virus and Businesses are shutting down and streets of cities like London are empty.
�Just a Virus and Citizens of nations cannot Move around the way they wish to and all flights from Europe to America are shut down.
�Just a Virus, and the nations we look to as developed nations are being Threatened without bombs.
�Just a Virus, Educational institutions are closed and entertainment centers are closed.
�Just a Virus and Religious sites are closed and Churches are announcing no services till further notice.
�Just a Virus, and the world market is collapsing and nations are entering into recession with speed.
�If an Ordinary Virus could do all these, Imagine what will Be on this Earth, the day King Jesus Christ will return in the sky.
�Take note, when Jesus Christ appears in the sky, all cars, trucks, air planes, trains and ships driven by prepared saints will have the drivers and pilots ejected by the power of Jesus Christ in the rapture into the sky. And that will cause the greatest Crashes of air, road, rail and sea ever. It is a day of gloom and doom.
�My GOD! Give Us Understanding to know what is about to Happen to those who will not be raptured on that day.
�Corona is a warning alert from heaven to the whole world saying that something of heavy global magnitude is about to happen.

�Sir/Ma, brothers/sisters, Make use of this moment by Repenting from Sin and Accepting JESUS CHRIST as Lord and Savior before it is too late.

2nd Corinthians 6:1-2
The Door of Mercy is About to Be Closed finally. It is a fearful thing to think that a man will be lost forever into eternity in a burning hell with brimstone and Sulphur when he or she could have just stopped to pray now and accept Jesus Christ as Lord and Savior. If you have read this and you are not sure if you are born again, then I urge you to pray now like this:

�Dear heavenly father, I come to you as a sinner and I am very sorry for all my sins. I believe today that Jesus Christ died for my sins and I confess with my mouth that Jesus Christ is Lord and I belive in my heart that God raised Him from the dead. Write my name in the book of life and cancel name from the book of death. I confess I am saved. Amen."�

Please do it now and be saved.
❤️Please SHARE urgently and save a soul from hell and free your hand from their blood.
Re: Buhari Reduces Petroleum Price To N125 Per Litre by grandstar(m): 11:55pm On Mar 18, 2020
This is a senseless action.

What happens when the price of oil goes back up? Will the cotizens accept an increase.

Most importantly, this is the best opportunity for government to deregulate the price and completely remove the subsidy but it is blowing it away.

A man who wants to borrow $22.7b from overseas but isn't prudent to cut waste such as that on an inefficient, very costly, investment unfriendly and fraud ridden subsidy isn't worthy of receiving even a dime.

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Re: Buhari Reduces Petroleum Price To N125 Per Litre by Prettybhoy(m): 11:58pm On Mar 18, 2020
sagitariusbaby:
Someone should tell His Excellency, the Executive Problem of the Federal Republic of Nigeria that it has to be 80 naira or we are not taking it
go sue am to Supreme Court if e pain you �
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Nobody: 12:13am On Mar 19, 2020
pathetic filth! anything more than #70 is broad daylight SCAM!
this damn govt is a bad joke!
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Whizbuzz(m): 12:16am On Mar 19, 2020
Thunder fire una....
Re: Buhari Reduces Petroleum Price To N125 Per Litre by ONIMARINE(m): 12:27am On Mar 19, 2020
omofranyoung:
Nice one.....
Las las.....we go dey alright.
no wahala
Re: Buhari Reduces Petroleum Price To N125 Per Litre by Eteka1(m): 12:59am On Mar 19, 2020
sotall:
The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.


That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.



This government is scam undecided
Petrol is being subsidized. When the depot price was fixed at N133 the real landing cost was about N310.

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