You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! (773 Views)
Fuel Scarcity: FG Not Contemplating Hike In Petrol Pump Price - SGF Says / Oil Subsidy And The Hunt For Hypocrisy By Professor Pius Adesanmi / Port Harcourt, Warri Refineries Producing 7m Litres/per Day Of PMS – Kachikwu (2) (3) (4)
| You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by bnovative(m): 12:58pm On May 12, 2016 |
Deregulation entails the end of price regime. You can't say you have deregulated while fixing price at the same time. Removal of subsidy means that market forces, and not government, determines the price. At the current oil price in the world market, the pump price for fuel, if left for market forces, can not be more than 80 Naira. The crooks in government know this, that is why they are still fixing price. The truth is that Nigerians are not just paying for the price of the fuel they consume. They are now also paying tax for consuming fuel. 145 Naira per litre! How did they arrive at that amount? How much is the landing cost? |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by Nobody: 1:09pm On May 12, 2016 |
This is true....the APC govt is a SCAM! |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by Ayomidegbenga1(m): 1:11pm On May 12, 2016 |
bnovative: Fantastically thief... |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by rusep: 1:22pm On May 12, 2016 |
if you don't know, you don't know. All over the world there is what is call ceiling. |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by 9jatriot(m): 1:31pm On May 12, 2016 |
What the minister said was that he did not expect it to exceed 145naira per litre |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by DaniDani(m): 1:45pm On May 12, 2016 |
A very nice observation. This fantastically corrupt government and their brainwashed zombies will attack and debunk this common sense 1 Like |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by Gmajor(m): 2:09pm On May 12, 2016 |
Op what stops the association of pms sellers from hiking the price to 180 ? The forces of demand and supply wont apply here cos the price is as a result of concensus |
| Re: You Can't Remove Subsidy And Still Fix Pump Price Of Pms! This Is Fraud! by bnovative(m): 2:26pm On May 12, 2016 |
FACT CHECK:
This is the biggest increase of fuel price by
any government in the history of Nigeria.
From N 87 to N145 means that we have a
N58 increment.
Jonathan only proposed a N20 Naira increase
and the Change chanters set the country on
fire.
I think that Wole Soyinka, Tunde Bakare,
Femi Falana and other hypocrites who cried
about Jonathan's N20 increase, but are now
silent, should all bury their heads in shame. |
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