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Nairaland Forum / Nairaland / General / Politics / Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso (32961 Views)
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Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Islie: 4:16pm On Jan 24 |
The pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso has said. https://thenationonlineng.net/just-in-petrol-prices-to-fall-over-refineries-take-off-says-cardoso/ 18 Likes 4 Shares
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Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Jflex07(m): 4:17pm On Jan 24 |
Nigerians hope this is possible. One issue in Nigeria is that prices of goods and services ,once gone up, barely comes down, even when things are beginning to get better. The average Nigerian is wicked, even with their religiousity. 197 Likes 15 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Ugen: 4:22pm On Jan 24 |
Gradually we shall get there as a country. God will help us 58 Likes 6 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by matify83: 4:26pm On Jan 24 |
Hmmm! The over reliance on the Dangote refinery as a panacea to solving all our economic woes is pedestrian. For one Dangote who is buying crude at international dollar denominated price is going to be selling refined products at cost reflective rate which may end up being at par with what obtains currently. We are more guaranteed of products availability than lower prices when the product hit the market. 48 Likes 2 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by MrProlific95: 4:26pm On Jan 24 |
Nigerians don't believe even their President, talk less of CBN that is now a center of thievery. Our leaders lie to us, appointees lie to us, everyone lie to us its so bad 94 Likes 8 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Richtaiwo: 4:39pm On Jan 24 |
Another opportunity for cursed savages to start crying. 14 Likes 2 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by G00dharddick: 4:40pm On Jan 24 |
Audio Believe this trash at your own peril 50 Likes 3 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Richtaiwo: 4:41pm On Jan 24 |
matify83: The pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation.The quote above is the opening paragraph, you can't read it, yet you want to make comment on the topic. If your duty is to be crying on any good news, always read the news first so you don't appear one kind. 15 Likes 4 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by saintopus(m): 4:41pm On Jan 24 |
I don't believe even this one the previous thread on reduction in inflation 5 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Agboriotejoye(m): 4:45pm On Jan 24 |
Is the CBN on the business of fixing fuel price now? One would think it's the monetary implications the CBN will dwell on more than the pricing itself? 9 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Richtaiwo: 4:47pm On Jan 24 |
Agboriotejoye:CBN is a stakeholder in prices of all commodities. Simple Economics taught in SS1. 17 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Agboriotejoye(m): 4:49pm On Jan 24 |
Richtaiwo:Under which topic? CBN should also tell us about the price of garri 28 Likes 5 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Faiththatworks(m): 4:51pm On Jan 24 |
The long and short of this long story is the government of Asiwaju is banking on Nigeria private and public refineries to start producing their own petroleum products. I have said it several times,it's clear the NNPCL is using us to play ping pong with the date the Refinery will start working. That's why Asiwaju has gone all out to make sure The Dangote Refinery must work,Infact it has to work. The Dangote Refinery is a one size fits all drug that will solve almost 50% of Nigerian's problem and sickness according to the Article. It will stop the importation of petroleum products,thereby saving foreign exchange which will lead to Nigeria having more Dollars to work with. According to the Article, inflation will reduce when the Dangote Refinery and the unfinished yaho yahoo Port-harcourt Iron starts working because it's assumed Petroleum products will be cheaper and a bit more affordable for the masses,and the knock on effects will reflect in Our agriculture produce because farmers will be able to transport their farm produce cheaper than what it's presently. Did I mention there will be more industries that will open up because of the Dangote Refinery,so they have easy access to by-product of the crude as their major raw material. That's the paragraph about attracting foreign capital. I can go on and on but I will end here,ask yourself,if the Federal Government of Nigeria can be edging their future plans on this Dangote Refinery,the question should be why will I not follow the money and invest around the Refinery. There's still time,and now's the best time. Check my signature for more details. God bless Nigeria........ 8 Likes 2 Shares |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Richtaiwo: 4:53pm On Jan 24 |
Agboriotejoye:Economics, I stated it up there, but obviously, you can't read. Go to the nearest CBN branch, ask them, they will tell you the prevailing average prices of all major commodities in the market, including salt. 15 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by easyfem(m): 4:53pm On Jan 24 |
CBN ex boss said more than that , now in prison 6 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Throwback: 4:53pm On Jan 24 |
Meaning one of the many anomalies of the Nigerian economic structure will be corrected. The next absurdity is the domiciliary account to hold foreign currencies that Nigerian banks allow. It must go. 4 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by BABANGBALI: 4:53pm On Jan 24 |
Yinmu 1 Like 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by atobs4real(m): 4:53pm On Jan 24 |
Thank you Jesus. Please don't make it an audio promise 2 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Obakoolex(m): 4:54pm On Jan 24 |
I pray this happen soonest. Whichever way yam leggers will still wail 5 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by happney65: 4:54pm On Jan 24 |
Like Dangote cement is the cheapest right? Stop playing! 8 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Judolisco(m): 4:54pm On Jan 24 |
Exactly... Even if na 300 or 400 |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by sukkot: 4:54pm On Jan 24 |
yesssss |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by seanery: 4:54pm On Jan 24 |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by khattab02: 4:55pm On Jan 24 |
Hypothetical... Until we start to see it. 5 Likes 1 Share |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by bestman09(m): 4:55pm On Jan 24 |
Let the action do the talking! 3 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by GreatrAnalyst: 4:56pm On Jan 24 |
Until it happens, believe them at your own risk 4 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by dominique(f): 4:56pm On Jan 24 |
Can't these people stop yapping about the refinery and let's start seeing the products already? 9 Likes |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by AngelicBeing: 4:56pm On Jan 24 |
CBN , NNpc , the gif below is for all of you mismanaging the economy of Nigeria 7 Likes
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Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Chibuzoripob: 4:56pm On Jan 24 |
May those SADIST, enemies of this country not the part of this |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by ggood: 4:56pm On Jan 24 |
W |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by Paraman: 4:57pm On Jan 24 |
What's |
Re: Petrol Prices To Fall Over Refineries’ Take Off, Says Cardoso by guywitzerogal(m): 4:57pm On Jan 24 |
Na so una go d use mouth drive trailer 7 Likes 1 Share |
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