Due to deregulation of the downstream oil sector,fuel price is to sell at a minimum of about =N=95 a litre. Kerosene is also to increase to over =N=100 per litre.Diesel price remains the same.It seems the Government of Nigeria does not know its main reason of being in place - the welfare and security of the Nigerians.
Thinking of how much Nigerians spend to Generate their own water and electricity,the bad roads,decay in health and education etc,this will just increase the number of paupers in the country.All we hear is vision 2020,MDGs,NAPEP,rebranding and all sorts of grammar.Its sad to think that we still import fuel after exporting crude.Whats wrong in repairing our refineries
This will only fuel inflation.

We are here, waiting for the heavens to fall down. I am am on the griound already so i fear no fall.
Only those who have a stake in this messy set up have fears. Let them do whatever they like. When push
comes to shove, we shall know what to do.

I have started having fears that one day the masses will just invade the streets and deal with their oppressors.
This is just a fear. The masses know their oppressors and they are their neighbours . One day, |One day, HMmmnnnnn

He that is down need fear no fall

Hopefully it will break the camel back.

but i tot deregulation starts Nov 2010

THEY BETTER START FROM TOMORROW, WHY POSTPONE TILL TOMORROW WHAT YOU CAN DO TODAY.

WE ARE WAITING. NA ONLY ONCE DEM DEY CIRCUMCISE MAN KE! BUT NO BE ONLY ON E HE DEY DO DI TING.

SHEBI ASSU JUST FINISH.

Deregulation does not fix price, but allows price to fluctuate according to demand and supply so telling me that PMS will be deregulated to now sell at a minimum of N95 does not make sense to me. Where did you get this news from again? Tribune?

Hurray!!!

nex:

Deregulation does not fix price, but allows price to fluctuate according to demand and supply so telling me that PMS will be deregulated to now sell at a minimum of N95 does not make sense to me. Where did you get this news from again? Tribune?

It was in the punch.FG is currently subsidising fuel and thats why its =N=65,if the subsidy is removed the will marketers subsidise fuel price?Of course not,every one will bear the landing cost per liter plus the profit for marketers(it would have been cheaper if our refineries were functioning,most countries who have crude sell fuel below =N=20 in their currencies and about =N=4.50 in venezuela,visit http://en.ce.cn/subject/EnergyCrisis/ECworld/200605/12/t20060512_6934874.shtml if u doubt) and no one is saying the price will not fluctuate.

Ope o. Atleast we go rest for house for 2 weeks before NLC and Govt. go bring am back to 75 naira. Lagos stress too much , we need this strikes once every quarter.