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Petrol Price Increase: What Nigerians Should Know - Politics (4) - Nairaland

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Re: Petrol Price Increase: What Nigerians Should Know by KNOWMORE56: 1:53pm On Sep 03, 2020
horsepower102:
Where are the protests? Where is #occupy Nigeria.

I always knew Nigerians are hypocrites but the level this fact has been exposed under Buhari’s administration is beyond belief.


Thanks so much.

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by Mayng01(m): 1:53pm On Sep 03, 2020
E no go beta for una
Re: Petrol Price Increase: What Nigerians Should Know by Miracle1991: 1:53pm On Sep 03, 2020
I am a die hard fan of Buhari, but I can confidently say that Buhari fck up on this fuel issue. Buhari please don't take our support for granted. In 2011 we were ready to die for gudluck Jonathan but when he fck up we threw the buffoon out.
Baba Buhari,pls don't make us regret our decision. You need to sack evil advisers who are not happy to see the poor smiling.
Re: Petrol Price Increase: What Nigerians Should Know by Angelfrost(m): 1:53pm On Sep 03, 2020
Damidave1124:
Trying to justify why they are making life hard for those that put them in power.
In my own opinion, this is pure wickedness.

As usual, only the poor will feel the hardship this government is subjecting us to

Not just the poor... The middle class is currently fading away before our very eyes.

These people are incurring higher costs of living with, ironically and paradoxically, lower wages and even far lower living standards!!! Add the fast declining power of the national currency, and see that spending power of most Nigerians is becoming too huge a joke.

As the spending power of the working class continues to decline, most businesses will terribly suffer!!!

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by Nobody: 1:54pm On Sep 03, 2020
Fuel subsidy is the only thing I’m enjoying from this goverment....

I pay for school
I pay for light I don’t see
I pay for heathcare
My shock absorbers need changing regularly cos the roads are bad
I pay for my own security
I pay throw dirts away after
I pay for my water....
I pay for every money that enters my account
And I still pay tax...


Subsidy is the only sure thing this nation can give me.... let them keep paying... I don’t care how much it is.... it’s not like when they stop the money will will now be used to improve the nation.... na looting go end the matter...

2 Likes

Re: Petrol Price Increase: What Nigerians Should Know by Drone95(m): 1:55pm On Sep 03, 2020
If you are Nigerian and u still miss heaven, hmm na double suffering be dat o.
Re: Petrol Price Increase: What Nigerians Should Know by hollywater: 1:55pm On Sep 03, 2020
horsepower102:
Where are the protests? Where is #occupy Nigeria.

I always knew Nigerians are hypocrites but the level this fact has been exposed under Buhari’s administration is beyond belief.
We know the Tribe that was behind this demonstration against Jonathan.

2 Likes

Re: Petrol Price Increase: What Nigerians Should Know by favor914: 1:55pm On Sep 03, 2020
Damidave1124:
Trying to justify why they are making life hard for those that put them in power.
In my own opinion, this is pure wickedness.

As usual, only the poor will feel the hardship this government is subjecting us to
Surprising simple Economics 101 explained, and you still can’t comprehend? Don’t worry yourself too much, when Dangote’s refinery comes on stream, the price of petroleum crude products will fall.
Re: Petrol Price Increase: What Nigerians Should Know by tutudesz: 1:56pm On Sep 03, 2020
antifat:
Fake government...all ya came against GEJ. Where are they today?

They are now political appointee cheesy
Re: Petrol Price Increase: What Nigerians Should Know by Angelfrost(m): 1:56pm On Sep 03, 2020
frankmoney:
Nonsense ... This is not an ideal time to hike anything ..

Ask the imbeciles why it took over 4 years of getting the much needed power to start removal of the nonsense fuel subsidy... Why didn't they do this in 2015??! They just wanted to get that 2nd term at all cost first.

Later, some here will call him a man of integrity!!! Smh!!!
Re: Petrol Price Increase: What Nigerians Should Know by Nobody: 1:57pm On Sep 03, 2020
Thank God say na everybody dey suffer am, because I still remember SAI baba from northern slowpoke youths during Buhari campaign, when then want to kill everyone just because of Buhari, abey make I dance and fvck at the same time dey go, time no dey to dey check time

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by favor914: 1:57pm On Sep 03, 2020
hollywater:
We know the Tribe that was behind this demonstration against Jonathan.
If that confused minded Jonathan & pdp had stood their ground on subsidy removal, Nigeria would have been a better of Country today, no pain, no gain.
Re: Petrol Price Increase: What Nigerians Should Know by JordanMichael(m): 1:57pm On Sep 03, 2020
This man called BUHARI is he really a Nigerian
Re: Petrol Price Increase: What Nigerians Should Know by isaythetruth(m): 1:58pm On Sep 03, 2020
Una dey complain when we never even enter Upper Next Level via 3rd term.
Nigerians enjoy your change!

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by hush15: 1:58pm On Sep 03, 2020
stephanie11:
POLITICSNIGERIA.COM



https://politicsnigeria.com/explainer-what-you-must-know-about-new-petrol-pump-price/

This write up is pure trash cos I remember during the eve of elections in 2015, they promised that fuel will go as low as 30 or 40 per litre.

To achieve that, the former minister of state of petroleum, ibe kachukwu who later became MD NNPC in the early years of APC government, promised to revamp all local refinery to make adequate local consumption at lower price.
Instead, the wasted billion and billions of dollars doing nothing. At the end of the day, they kept recording loss at the refinery all the way to 2019.

When 2019 elections came, Atiku said that the way forward for NNPC is to sell NNPC and retain only the regulatory aspect therefore, opening the petroleum market sector to wider market, Nigerians because of that singular reason didn't vote for him even when he said the plain truth.

Today, NNPC is nothing but a drain pipe and a laundering center for all kind of anomaly in the petroleum sector. First of all, the money wasted to exploring oil in the north, till today, there is no fuel there yet. Secondly, the almighty turn around maintenance that has not turn around yet. Money that could have been used to build a new refinery was wasted and declared loss year in, year out for the last 6yrs. With all the lies that they need more years to bring the decided change, the real truth is the have not even initiated any change process.

Today, NNPC is the sole importer of fuel in which they now sell to marketers! How can fuel be expensive again if not fraud?


What a failed nation....
Re: Petrol Price Increase: What Nigerians Should Know by Angelfrost(m): 2:00pm On Sep 03, 2020
damofaith:
Ogun, saponna and Sango strike you for defending Buhari

Relax... He is being sarcastic!!! grin
Re: Petrol Price Increase: What Nigerians Should Know by favor914: 2:00pm On Sep 03, 2020
Angelfrost:


Ask the imbeciles why it took over 4 years of getting the much needed power to start removal of the nonsense fuel subsidy... Why didn't they do this in 2015??! They just wanted to get that 2nd term at all cost first.

Later, some here will call him a man of integrity!!! Smh!!!
Children will never understand, its the best decision, we need more decisive decisions by Government, it’s natural human beings will always resist change. Sai Baba.

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by Angelfrost(m): 2:01pm On Sep 03, 2020
Thanos1000:
"I will shred this universe down to its last atom and then It is not what is lost but only what it is been given... a grateful universe."

I watched that part of the movie, and just couldn't help but agree with Thanos!!!

This universe, especially Africa, is overdue for a serious cleansing!!!

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by femeritus: 2:04pm On Sep 03, 2020
Can a government be more insensitive than this? At this period when many have lost their job, some are getting 1/3 of their salary. Oh my God. You go ahead and introduce obnoxious taxes, introduce VAT that we don't understand, increase electricity tariff and go ahead to increase pump price. This is so unbelievable.

The funniest part of it is the money will still go into private pockets. Nigerians won't benefit from the subsidy removal.

1 Like

Re: Petrol Price Increase: What Nigerians Should Know by Equal2DeTask(m): 2:04pm On Sep 03, 2020
flexd99:
We all knew the price slash was temporal

BTW,
UK used HP probook 6440
4gb RAM
Intel corei5
2gb total graphics memory
55k only!



Location?
Re: Petrol Price Increase: What Nigerians Should Know by favor914: 2:06pm On Sep 03, 2020
hush15:


This write up is pure trash cos I remember during the eve of elections in 2015, they promised that fuel will go as low as 30 or 40 per litre.

To achieve that, the former minister of state of petroleum, ibe kachukwu who later became MD NNPC in the early years of APC government, promised to revamp all local refinery to make adequate local consumption at lower price.
Instead, the wasted billion and billions of dollars doing nothing. At the end of the day, they kept recording loss at the refinery all the way to 2019.

When 2019 elections came, Atiku said that the way forward for NNPC is to sell NNPC and retain only the regulatory aspect therefore, opening the petroleum market sector to wider market, Nigerians because of that singular reason didn't vote for him even when he said the plain truth.

Today, NNPC is nothing but a drain pipe and a laundering center for all kind of anomaly in the petroleum sector. First of all, the money wasted to exploring oil in the north, till today, there is no fuel there yet. Secondly, the almighty turn around maintenance that has not turn around yet. Money that could have been used to build a new refinery was wasted and declared loss year in, year out for the last 6yrs. With all the lies that they need more years to bring the decided change, the real truth is the have not even initiated any change process.

Today, NNPC is the sole importer of fuel in which they now sell to marketers! How can fuel be expensive again if not fraud?


What a failed nation....
The refineries are dead today because of the so called subsidy by Government, nobody will buy a refinery that is doomed for gross losses, remove regulations, let the market forces fix the price, that is how it is done here in the United States, the price off gasoline in Houston Texas, is not the same price in Columbus Ohio, there are different factors that will still come into play, from state taxes, to delivery & distribution.

1 Like 1 Share

Re: Petrol Price Increase: What Nigerians Should Know by ENIGMATIC2023(m): 2:06pm On Sep 03, 2020
Senseless post
Re: Petrol Price Increase: What Nigerians Should Know by Angelfrost(m): 2:07pm On Sep 03, 2020
favor914:
Children will never understand, its the best decision, we need more decisive decisions by Government, it’s natural human beings will always resist change. Sai Baba.

It's not my fault that you can't read and comprehend... Don't ever use that condescending term on me again!!! You should know where your level is!

Your current president marched and protested against the very same removal years ago... If he weren't leading now, he would have still spoken against it... That's called Hypocrisy!!!

In the event that you missed the thrust of my submission... Let me help you: Removal of the nonsense subsidy (Note the use of the term nonsense) should have been done in 2015 when Buhari took over! Calculate how much would have been saved since then... Would the temporary negative effects have been as harsh then as it is in this global depression and suffering going on now??!

Put your brain to use before you mention me again!!!

4 Likes 1 Share

Re: Petrol Price Increase: What Nigerians Should Know by jayaim: 2:09pm On Sep 03, 2020
Infact they are the biggest scammers e.g Tinubu
malele:
No time to read all that , Buhari Bleep up, and if not for myopic Southwest this things for no Dey happen
Re: Petrol Price Increase: What Nigerians Should Know by mustafaa: 2:09pm On Sep 03, 2020
Damidave1124:
Trying to justify why they are making life hard for those that put them in power.
In my own opinion, this is pure wickedness.

As usual, only the poor will feel the hardship this government is subjecting us to

Nobody is justifying nothing. That's the reality. We want the government to stop subsidizing fuel, they listened. Now we are all feeling the heat.

You can't eat your cake and have it.

We should channel our curses to those experts that deceived the gullible Nigerians.
Re: Petrol Price Increase: What Nigerians Should Know by favor914: 2:10pm On Sep 03, 2020
femeritus:
Can a government be more insensitive than this? At this period when many have lost their job, some are getting 1/3 of their salary. Oh my God. You go ahead and introduce obnoxious taxes, introduce VAT that we don't understand, increase electricity tariff and go ahead to increase pump price. This is so unbelievable.

The funniest part of it is the money will still go into private pockets. Nigerians won't benefit from the subsidy removal.
It’s a global thing, the world will go into recession sooner than later, only those making money in the new world (cyberspace) like Jeff Bezos, Mark Zuckerberg, Elon Musk (Tesla) & Co could careless, billions keep increasing.
Re: Petrol Price Increase: What Nigerians Should Know by Micmuzac: 2:11pm On Sep 03, 2020
as much as I would commend your effort,you are quite economic with the truth, you failed to explain the underlying factor of the landing cost which is exchange rate, if buhari had fulfilled his champagne promise of one naira to a dollar, all these won't be an issue, how much is the dollar today? it's just a grand economic failure on a basic commodity that control our economy,if dollar we're 200 naira do you think we will by fuel at this rate?

1 Like 1 Share

Re: Petrol Price Increase: What Nigerians Should Know by Tony142: 2:11pm On Sep 03, 2020
iLegendd:
I didn't read and they don't need to explain. We Nigerians love the hike. In fact, it should be 200 or more per liter because everyone is rich in Nigeria.

If you doubt, call a Nigerian "poor" and see how angry he or she will be.

So, Buhari, you're the best. We Nigerians love to suffer. If possible, we want you to rule us 2 more times.

Nigerian constitution needs to be amended because of you.



cheesy
Re: Petrol Price Increase: What Nigerians Should Know by Micmuzac: 2:13pm On Sep 03, 2020
Miracle1991:
I am a die hard fan of Buhari, but I can confidently say that Buhari fck up on this fuel issue. Buhari please don't take our support for granted. In 2011 we were ready to die for gudluck Jonathan but when he fck up we threw the buffoon out.
Baba Buhari,pls don't make us regret our decision. You need to sack evil advisers who are not happy to see the poor smiling.

Re: Petrol Price Increase: What Nigerians Should Know by Ologbojo2023: 2:13pm On Sep 03, 2020
Chujor1634:
Now i regret supporting buhari, c'mon we can't work like this.[b][/b]
please you dont have to regret you got what you wanted so enjoy while its last
Re: Petrol Price Increase: What Nigerians Should Know by Jayphresh(m): 2:13pm On Sep 03, 2020
I didn’t even bother to read dis thrash the subject already says how empty headed the author is. Mtchhheeew!
Bitter pill my ass!
stephanie11:
POLITICSNIGERIA.COM



https://politicsnigeria.com/explainer-what-you-must-know-about-new-petrol-pump-price/
Re: Petrol Price Increase: What Nigerians Should Know by Thanos1000: 2:14pm On Sep 03, 2020
Angelfrost:


I watched that part of the movie, and just couldn't help but agree with Thanos!!!

This universe, especially Africa, is overdue for a serious cleansing!!!
"You have my respect, frost. When I'm done, half of humanity will still be alive. I hope they remember you."

1 Like

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