Until then. Useless government.

If not 80 naira then it’s useless

Not a good news in anyway...take it back to #87 per a litre ���...@ #130 per litre i believe pump will be adjusted in many filling station �� this is naija

ikorodureporta:
The reduction will Not affect transportation & prices of foodstuffs...why not use it for a profitable investment??
Instead, go after all those kerosene & diesel sellers, bcoz kerosene is still above N200, which isn't fair since it has been deregulated

Countries are reducing stress on their citizens at this time, and. You are suggesting otherwise.

jericco1:
this is still nothing. UK have set aside £330 billion pounds as palliative for its citizens. while the US plans to pay $1000 dollars every fortnight to those that are cash strapped as a result of the virus. some nations have suspended tax and other things to make life easier for her citizenry. we can do better

Canada deffered mortgages and rents with 2 months.

It should be lesser than 100 Naira or about.

dre11:
https://www.vanguardngr.com/2020/03/covid-19-fg-to-reduce-petrol-price-to-n130-from-n145/

Just 15naira is what they having sleepless night 4...

Not to mention it took an outbreak before they could take a break. When one barrel was $50 dollar per barrel without outbreak, there didn't review it but at 30 with Corona.....

Shameless government

Its the same thing ....their subsidy has reduced and so thats the savings they will be making. If they still charge N145, it would look like giving you the money and taking it back. That was the trick Abacha did to fund PTF back then.

The case would've been different if we produce the petrol in Nigeria

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

This guy is a typical nothing you do to satisfy everybody. Very sad

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

[quote author=GeorgeTheCoder post=87553445]These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?[/quote That's what happens when a govt lacks good economic team.

They should rather remove the fraud ridden subsidy.


They'll need the money saved in about 2 weeks.

60$ it was sold for 145,20$ it will be sold for 130. It should av bn btw 80-95. There are rumours we are sliding into recession n i know the govt can't pay it citizen like some countries are doing. This should av bn a stimulus package. Cus when price of fuel goes down,transport will go down n coat of some goods will go down. Those whose drive V6 will stop saying it's a fuel gazzuler!!! All in all 130 isn't too good isn't too bad either

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

That's what happens when a govt lacks good economic team.

funmike83:
when countries are helping their citizens with house rent and giving their citizens money , dullard government is reducing 15 naira . with all what is on ground. foolish pple . na corona go kill all of u . only God knows what they will take back from the masses to replace the reduction . fools

Even if the government shares 10 million Naira on each citizen some will still use the money to play baba ijebu and remain poor at the end.

Nonsense. What's the difference?

I burn 3k fuel daily for my business. They should have brought it down to 100.

Useless people

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

You're making sense but if you keep addressing someone as "senseless" or "stupid" just to air your opinion, you'll be viewed as an ordinary critic instead of a constructive one.

You can air you opinion without insulting others... Like I did here.

Fragility6:

An on the seventh day he rested. If God knew one of his creation would be diz stupid, he would hav created another man.

lolxxxxx hahahaha I swear guy u no well ooooo. Infact meet me at third mainland bridge by 12 30 midnight today

Awon people yi o serious

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

You mentioned e things apc is allergic to and hate with passion: *power, health and education* even if money flows like river under this govt these 3 things won't be part of their dream but can fat feed fake repentant boko animals.

afroxyz:


Are your brains set to wail on default.

I love this response.

They wail over everything. I have never seen people like this. You can never please them

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

I totally agree with you but when you add the Nigerian factor, you’d realize that this money will be embezzled! Remember PTF which was funded from revenue generated by the increase in prices? We know how that went even though it was seen as a success but a lot of the money was mismanaged! Let the savings go directly to the pockets of the people.

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

they don't reduce price many will insult, they have reduce price you will still complain

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

U dey craze nii

fake news by corona carrier.

TOPCRUISE:
Countries are afraid of buying from Coro infested countries. This shows international trade has suffered as a result of coronavirus

that's not the reason for the oil reduction...less demand due to less consumers and industrial activities had lead to reduction in Oil price.

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

if I say u are a criminal secretly working for this clueless government, all the money at their disposal what have they done with it?

i think the petroleum price should be reduced to as much as half of the price. a 10% price increase will not be enough to make the needed impact on the local economy of the average Nigerian

the price of petroleum products in the country is extremely critical to the going concern of any individual in the country. if the price is reduced, the average cost of expenditure will automatically reduce

Even though it may not translate to instant, deflation, but at least it will stabilize it.

GeorgeTheCoder:
These people have no sense.

The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.

Why is this APC government so useless ?

Your statement is very strange. Useless ke! What is wrong in passing a benefit directly to the citizen? Trump is giving every small business $10,000 and tons of reliefs. So you would begrudge your fellow citizen a benefit and then turn around and say the government has stolen the money. Low fuel prices absorb some inflationary pressures that are consequent on the loss of value on the naira vis a vis the usd. My goodness! I thought I had heard it all.

This statement doesnt do you any credit.

Officialgarri:

I'm tired of wailers. On one thread, many said why hasn't the fuel price been reduced. The president is clueless and wants to loot, so he wouldn't reduce the price .

Now, just look at the comment of the guy above.

And here we go. An opposing opinion from same wailers.

I over taya o. You just saved me from commenting on the same comment.

Urchman200:
if I say u are a criminal secretly working for this clueless government, all the money at their disposal what have they done with it?

You and the man you are insulting are on the same side now. Please make up your minds on which case the wailing rests.

GeorgeTheCoder:
These people have no sense.
The government should not reduce the petrol price. Instead it should keep the unexpected profits and channel it into any of the critical areas like power, health, education or the fight against Boko Haram.
Why is this APC government so useless ?

Thieves to channel money to what else apart from their pockets


www.nairaland.com/attachments/6398775_fbimg1508963617334_jpeg94872504a733fb923709da609fd79d53

One thing is certain...the reduction will not reduce the price of commodity in the market nor reduce the cost of transportation most especially here in lagos