k

Ridiculous! We count 1234...10,when you have fallen into the rhythm of the counting, we fall back to 1 again and so the cycle continues . Nigeria my country I hail thee! Your mates are pursuing better meat, you are comfortable pursuing rats and lizards. Every day obi is a boy.

mrvitalis:
Is petrol more important than garri?? Or rice??

Government should remove hands Completely from petroleum products price determination. .. I know they fear for the masses. .. But for the future remove hands... Let market forces determine the price... Let any body be free to import. .. Just check the standards that's all.. We will get used to it

Answe to above question: No and YES

No, if we all can grow and process our garri and rice individually without the exchange factor.

Yes, because the price of petrol as a factor in the exchange chain affects the price of garri and rice, whereas the price of garri and rice does not affect the price of petrol.

Government should not hands off the petrol economy until she helps both private and public organizations to refine petroleum products locally enough for domestic consumption and export.

All this simply because no other Head of state built any refinery since Buhari completed the last one. And instead of them to maintain the facilities available, they chose to run them aground so they and their cronies could import refined products and become billionaires.

What did GEJ do with the windfall from crude oil sales? He chose to share the money like those before him.

We cannot alienate the current fuel crisis from PDP. They contributed a great deal to the hardship through unprecedented wastefulness.

Bolustic:

If not for the fact that we're bedevilled by bad leadership, why should we still import fuel?

We had a party who ruled for 16 years and couldn't show one new refinery built as its achievement. A Niger Deltan PhD holder who should know better didn't see a need for a new refinery in his region yet they call him Hero.

Finish your NYSC then you go know say KHAKI NO BE LEATHER.

If he sends his hatchet men to Uselu you will scream, wolf! wolf!! ethno bigot!!!.
Osasu nah Edo, make una waka for protest.

Make dem increase the pump price and let's watch how the events unfold

This really does not work. The government should remove it's hands from fuel price regulation. When prices go up or down, it is not government, it is market forces. This will make it difficult for anti-government and the forever useless labour unions to call senseless strikes.

What is important to me atm is WTF is Emefiele doing about the exchange rate? Isn't it time to fire this guy PMB?

N

trillville:


couldn't GEJ borrow money to build the refineries? In a whole 5 good years fa. Lack of vision is the problem we are facing.

Again, nigeria paid subsidy on over 60 million litres per day in 2012, yet today we are only consuming 30 million litres. Where did the excess demand disappear to. Most of the subsidy payments were fraudulent. Even the "infamous" farook lawan probe proved this.

Who told u we consume 30m liters per day? Lagos alone consumes more than half of that per day

mrvitalis:
Is petrol more important than garri?? Or rice??

Government should remove hands Completely from petroleum products price determination. .. I know they fear for the masses. .. But for the future remove hands... Let market forces determine the price... Let any body be free to import. .. Just check the standards that's all.. We will get used to it

You don't know how important petrol is? In a country where there is no light? Cost of production is high because of the cost of generating electricity to run the business. Increase in transportation fee affects prices of foodstuffs.

Anyways I agree government should hands off fuel completely but we need at least 18 hours electricity for this to work.

trillville:


couldn't GEJ borrow money to build the refineries? In a whole 5 good years fa. Lack of vision is the problem we are facing.

Again, nigeria paid subsidy on over 60 million litres per day in 2012, yet today we are only consuming 30 million litres. Where did the excess demand disappear to. Most of the subsidy payments were fraudulent. Even the "infamous" farook lawan probe proved this.

I don't believe those figures for the record though I don't doubt the level of corruption during the subsidy days.

You should also know that fuel consumption at #97/litre can't be the same at #140/litre for an average Nigerian family.

8BitGee:
This really does not work. The government should remove it's hands from fuel price regulation. When prices go up or down, it is not government, it is market forces. This will make it difficult for anti-government and the forever useless labour unions to call senseless strikes.

What is important to me atm is WTF is Emefiele doing about the exchange rate? Isn't it time to fire this guy PMB?

Don't you think government is trying to hands off providing forex to every dick tom and Harry? The APC led government is trying to free up funds for other things. That's why we are where we are now. I don't have a problem with that but the money we are saving from this where is it? Emefiele can't answer this Buhari can. Good day.

batstan:

Don't mind the self-centred association

kpangolo head....u see aisha burhari for their names there that u think they are getting subsidized dollars ?
o

Bolustic:
Let the principle of demand and supply take its place. The sad truth is that we'd have to endure this erratic pump prove palaver till 2018 when Dangote will be through with his refinery.
..............................................................................................

Lol!!!


Is that your new excuse Dangote's refinery?? SMH

If FG said you are trying to grow our economy by encourage local productions & manufacturing, to discourage importation, why is the same formula not speedily as a matter of emergency applicable to refineries? If FG is incapacitated to put our refineries to full optimization to refine what we consume so as to stop bringing in refined products for us in the country to consume, now inflicting the pains & hardship to masses that can not afford to buy the products in the name of dollar exchange rate, they should throw it open to both foreign & local investors to come to our rescue by building refineries in the country. How long does it take to build refinery? Why in the world wide world only Dangote refinery the shameless FG talk about? Evil conspiracy & sabotage FG & Dangote Refinery. For how long FG want exchange rate to determine masses access to our crude oil refined products?

adeyemi2015:
Then what can you say of some filling Stations selling below N145 per Litre?!
No wonder the Post has no Source - it's credibility is questionable!

Ain't the filling Stations selling below N145 not affected by the economy situation?! But, just in case the news is true FG shouldn't consent to their Request, to avoid public uproar that might end the administration!

yaa das true cos i bought fuel ysterday from an independent marketer for #142 and the fuel pump was ok.

What sort of govt. is this... where is the f**king damn change you guys talked about. Just because you guys has all it takes to feed your family and meet their various needs. then we down here shld face the hardship that the so called stupidify government of nigeria are intentionally imposing on us.

No mata how hard you crazed out govt APC, PDP whosever you make us feel. we're are better than you all, cos you all are f**king thieves, fools and bunches of scallywags.

i just have 3 words for yha all govt officals.... "F**k all Yha".

yha all should die in ur sleep...

now I know we Nigerians are freaking cowards

suffering and smiling

with self delusions that things would get better with increased in pump price

these guys r testing the waters to check our pulse ane general reaction to the planned increase bf going for the kill

this is the time for us to rise and kick against this policies that resist attempts to kill Nigerians

scared bunch we are

what a pity

Ever since the price was increased to 145 per litre how many people even buy up to 2000 worth of fuel these days? maybe those in transport biz but regular folks have packed their cars to opt for public transport and even reduced the hours of generator usage to an hour or two everyday, i think i should start considering using gas to power my gen should the price of petrol get increased, i heard that a 12.5kg cylinder costing between 3,500 to 4000 can last about 3 weeks.

adeyemi2015:
Then what can you say of some filling Stations selling below N145 per Litre?!
No wonder the Post has no Source - it's credibility is questionable!

Ain't the filling Stations selling below N145 not affected by the economy situation?! But, just in case the news is true FG shouldn't consent to their Request, to avoid public uproar that might end the administration!

yeah, where I take fuel most times sell at 141/l. they would not be selling so if the pricing is not favouring them.

these marketers are thieves. if the forex is true, why did i bought at 140 on Saturday?

Kukuma kill me nah........am complaining that 145 is on the high side and u are thinking of increasing it......kilode, what have I don to deserve this?

LEXYCOM:
Kukuma kill me nah........am complaining that 145 is on the high side and u are thinking of increasing it......kilode, what have I don to deserve this?

your sin is that your kilode people supported and voted for APC, and APC is doing this to you. sorry ehhh.
I supported change too, but am disowning APC.

We nigerians are the ones adding salt to our wounds. We have refineries yet some hoodlums calling themselves niger delta avengers are destroying the pumps and other equipment meant to produce the oil for us at a cheaper rate. I don't think the marketers are wrong. The problem here is just that its only we the masses that will suffer for it.

AfroKnight:
All this simply because no other Head of state built any refinery since Buhari completed the last one. And instead of them to maintain the facilities available, they chose to run them aground so they and their cronies could import refined products and become billionaires.

What did GEJ do with the windfall from crude oil sales? He chose to share the money like those before him.

We cannot alienate the current fuel crisis from PDP. They contributed a great deal to the hardship through unprecedented wastefulness.

And the Buhari myth continues , didn't this same myth say he built the Kaduna refinery in 6 months ..he is almost two years in power and hasn't fixed a single refinery

onyxo76:
Ever since the price was increased to 145 per litre how many people even buy up to 2000 worth of fuel these days? maybe those in transport biz but regular folks have packed their cars to opt for public transport and even reduced the hours of generator usage to an hour or two everyday, i think i should start considering using gas to power my gen should the price of petrol get increased, i heard that a 12.5kg cylinder costing between 3,500 to 4000 can last about 3 weeks.

Do realise that if everyone starts using gas to power generator the demand of gas will sharply outweigh the supply and that could shoot gas prices up drastically

hakeem4:
These ones want them to increase it from N145 because of the exchange rate

I thought they said the refineries are working

I thought u were not blind when it was published that your friends blew up all the pipelines delivering crude to the the refineries

trillville:


couldn't GEJ borrow money to build the refineries? In a whole 5 good years fa. Lack of vision is the problem we are facing.

Again, nigeria paid subsidy on over 60 million litres per day in 2012, yet today we are only consuming 30 million litres. Where did the excess demand disappear to. Most of the subsidy payments were fraudulent. Even the "infamous" farook lawan probe proved this.

U av time. Those clowns know the truth, but they keep posting thrash to suit their wailing demand

Bolustic:
Let the principle of demand and supply take its place. The sad truth is that we'd have to endure this erratic pump prove palaver till 2018 when Dangote will be through with his refinery.
..............................................................................................

How cheap is cement?

sheddy03:

yeah, where I take fuel most times sell at 141/l. they would not be selling so if the pricing is not favouring them.

The government is in charge of the import via Nnpc. Once it gets into the country, the depots buys from them.
The effects of this massive but hidden subsidy will soon be manifest.