Should Fuel Price Be Stagnant Despite Global Crash? - Business - Nairaland
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| Should Fuel Price Be Stagnant Despite Global Crash? by Fxwarrior: 1:27pm On Dec 07, 2014 |
Well the right question should be asked as to the reason fuel is still N97 despite global oil crash in prices. What do you think? |
| Re: Should Fuel Price Be Stagnant Despite Global Crash? by 9inches(m): 1:31pm On Dec 07, 2014 |
Na who a go ask kwanu?  |
| Re: Should Fuel Price Be Stagnant Despite Global Crash? by holatin(m): 2:02pm On Dec 07, 2014 |
yes what is d advantage of the fuel subsidy Jonathan remove, |
| Re: Should Fuel Price Be Stagnant Despite Global Crash? by Fxwarrior: 2:28pm On Dec 07, 2014 |
holatin: Do you know what fuel subsidy is? It simply means that previously government was bearing part of the fuel cost. Assuming its N120/litre, FG will pay N40 and masses will complete N80 to access 1 litre of fuel. Removing it means masses are now paying N120 complete and if prices should reduce to N85, should masses still continue paying N120? |
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