Before now, PMS (petrol) was sold between 97-100 naira per litre.
Local demand for petrol is majorly sourced from overseas and supplemented with locally refined crude .
Having said that, I still believe that since the price of crude has gone down, the price of petrol in Nigeria is also supposed to go down. Experts in the house, please I need clarifications.

As long as we don't have a refinery here in Nigeria, the producers, importers and marketers will continue to rip us off pricewise and litrewise.

By the way, I thought Dangote has reduced the price of cement to ₦1,000??
I bought some for ₦1,950 yesterday in Owerri town and it's been how many months since the announcement?

I tired oo. Help us ask the gele woman cos na she gangan be 9ja president. Jonathan just a tomboy for her.

Coz the government we voted for don't care about us. They are concerned with themselves and their families

A litre was sold 4$ in America now is sold 2.23$ Jonathan is took confused. He was never prepared for this job at all

When the government said in 2012 that they are deregulating the Petroleum downstream sector of which it involves removal of the useless subsidy, "People rushed to occupy Ojota, and Abuja ". If they had removed the subsidy then, we will be enjoying now. You cant eat your cake and have it!!!
"Abi are you guys planning to hit the road again to occupy PH, this time? "

jonah..daft days are numbered.....


the messiah is around



even without birth cert. buhari is my choice



quote me and pay with the visitation of shopona(the god of measles)

studio14:
A litre was sold 4$ in America now is sold 2.23$ Jonathan is took confused. He was never prepared for this job at all

About #425/litre in the US? Wow!

eph12:

About #425/litre in the US? Wow!

No I said it was 4$ but it was reduced to $2.23cent, it was reduced because of falling oil market.

studio14:
No I said it was 4$ but it was reduced to $2.23cent, it was
reduced because of falling oil market.

And that amount in Naira is?

eph12:

And that amount in Naira is?

you don't do business like that, you can get job easily in America, but in Nigeria where do you see the money to spend, if there are available jobs ehhhhhn, but when there's not you don't compare like that.

studio14:
A litre was sold 4$ in America now is sold 2.23$ Jonathan is took confused. He was never prepared for this job at all

Too many illiterates on nairaland. Its per gallon and not per litre.

Kzinne:
Too many illiterates on nairaland. Its per gallon and not per litre.

guy I know is gallon cos I bought over and over again

Nigerians are illiterates.

How much is refined fuel in the international market where importers buy?
What did they do when the attempt to deregulate the downstream sector was made through subsidy removal?
Which Investor will invest in refinery when subsidy is paid to importers?

Simply put..... you cant eat your cake and have it.

Kzinne:
Too many illiterates on nairaland. Its per gallon and not per litre.

calculate it per gallon and convert it per litre you know Nigeria is paying higher now who's illiterate

studio14:
A litre was sold 4$ in America now is sold 2.23$ Jonathan is took confused. He was never prepared for this job at all

eph12:

About #425/litre in the US? Wow!

He made a mistake.

Gas is sold per Gallon in the US and 1 gallon is approximately 4 litres

In my own state Gas is below $2 per Gallon that means less than N400 for 4 liters

raumdeuter:




He made a mistake.

Gas is sold per Gallon in the US and 1 gallon is approximately 4 litres

In my own state Gas is below $2 per Gallon that means less than N750 for 4 liters

it is becoming increasingly likely that I will do an MBAKA-esque U turn.
vote GMB
vote APC