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Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre (628 Views)

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Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre by ChimaAdeoye: 10:04pm On May 11, 2016
This changii sweet oooo! grin grin grin grin grin cheesy cheesy cheesy cheesy

So at $100 per barrel, GEJ could only hike fuel price to N97 naira because oil price was expensive, so imported fuel which is by-product of crude oil refinement should be justifiably higher. Okay.

Now oil price is less than $50 per barrel and Buhari hiked fuel pump price to more than doubled the pump price of petrol at N145 !

imagine what the price will sell for if oil price rose above $50. We would have N1,000 naira per litre of petrol.

Oya, over to the zombies.... grin grin grin grin grin cheesy cheesy cheesy cheesy cheesy

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Re: Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre by Cjrane2: 1:42am On May 12, 2016
I am happy buhari removed subsidy.
But why is he hiding the fact?

Everything around Buhari is always done with so much secrecy.
Re: Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre by Standing5(m): 1:49am On May 12, 2016
What's the use of fuel being $50pb when dollar goes for N320/$ as against N165/$ it sold for during the days of $108/pb oil price?
Hateful zombies wailing everywhere.
Re: Even At Less Than $50 Per Barrel, Buhari Hikes Petrol Price To N145 Per Litre by Cjrane2: 1:58am On May 12, 2016
i think the exchange rate is N197 for $1.
Where did you get that $320 stuff? Abi you are a thief or you mean baba is also lying about the true exchange rate?

Haba!!! Too many secrets and lies everywhere .

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