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NNPC Finally Increases Fuel Price Again - Politics - Nairaland

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NLC Attacks Buhari Over Plan To Increase Fuel Price Again / Why We Have To Increase Fuel Price Again – President Buhari / Breaking NNPC Increases Fuel Price Again!!!! Now @165 per liter. (2) (3) (4)

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NNPC Finally Increases Fuel Price Again by AmeboZone007: 11:25pm On Nov 04, 2016
SOURCE:http://www.amebosquare.com/news/nnpc-finally-increases-fuel-price-again/

The Nigerian National Petroleum Corporation (NNPC) has increased the pump price of petrol at its retail outlets by N4 from N141 to N145 per litre.
Though the new N145 price remains within the maximum price cap fixed by the federal government in May, this is the first time fuel at NNPC’s outlets will be sold at that price.

It is not clear if the new price will affect other retail outlets especially at a time when the oil marketers are pushing for another hike in fuel price due to the cost of importation and scarcity of forex.
Before now, prices have been hovering between N143 and N141 per litre at NNPC and affiliate stations in major cities and even less at stations in the hinterlands. DailyTrust reports that prices have been N141 in last few months until Tuesday when it was raised to N145.

In Kano and Lagos, correspondents report that the price of fuel has hit N145 per litre at NNPC Mega stations.

Spokesman for the NNPC Garba Deen Muhammad said there was no rule that compels any marketer including the NNPC to sell at a particular price.

“A price regime was introduced between N135 and N145. So, you can sell anywhere within that range. What you are seeing is interplay of market forces.”
Re: NNPC Finally Increases Fuel Price Again by MichealOLOFOFO: 11:27pm On Nov 04, 2016
La- la come chop this update like snake
Re: NNPC Finally Increases Fuel Price Again by talktonase(m): 11:39pm On Nov 04, 2016
APC making life difficult for Nigerians since may 2015.

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Re: NNPC Finally Increases Fuel Price Again by Sibrah: 11:56pm On Nov 04, 2016
PDP spent $250b+ subsidizing the dollar. That money could have easily built us 12 of dangote refinery and make us net exporters of refined crude . . . Today ignorant folks who don't understand that we run a heavily subsidized system will attempt to blame their political enemies.

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Re: NNPC Finally Increases Fuel Price Again by Dahkogrin007(m): 12:17am On Nov 05, 2016
Dix govt tho......God we don't deserve dix
Re: NNPC Finally Increases Fuel Price Again by Nobody: 2:22am On Nov 05, 2016
False! NNPC sold fuel at 145 for a while before the price came down to 141. Meanwhile, price still varies from NNPC to NNPC.
Re: NNPC Finally Increases Fuel Price Again by ALMUSTAQIM(m): 3:05am On Nov 05, 2016
Sibrah:
PDP spent $250b+ subsidizing the dollar. That money could have easily built us 12 of dangote refinery and make us net exporters of refined crude . . . Today ignorant folks who don't understand that we run a heavily subsidized system will attempt to blame their political enemies.
Re: NNPC Finally Increases Fuel Price Again by ALMUSTAQIM(m): 3:11am On Nov 05, 2016
OP, YOU SABI GIVE HEART ATTACK O!
PRICE REMAINS #145 MAXIMUM
WE ARE PRACTICING PRICE MODULATION SYSTEM
MAXIMUM PRICING SYSTEM
ALL FILLING STATIONS IN MY AREA STILL SELL AT #140
THANKS
Re: NNPC Finally Increases Fuel Price Again by KINGwax007(m): 3:29am On Nov 05, 2016
No be 145 be the original price? Anything lower was a privilege
Re: NNPC Finally Increases Fuel Price Again by chriskosherbal(m): 4:02am On Nov 05, 2016
God take control.
Re: NNPC Finally Increases Fuel Price Again by bnovative(m): 7:01am On Nov 05, 2016
in Akwa ibom state fuel is sold for N180 today and most fuel stations don't have it.
Re: NNPC Finally Increases Fuel Price Again by ALMUSTAQIM(m): 7:47am On Nov 05, 2016
KINGwax007:
No be 145 be the original price? Anything lower was a privilege
Re: NNPC Finally Increases Fuel Price Again by onatisi(m): 8:38am On Nov 05, 2016
Sibrah:
PDP spent $250b+ subsidizing the dollar. That money could have easily built us 12 of dangote refinery and make us net exporters of refined crude . . . Today ignorant folks who don't understand that we run a heavily subsidized system will attempt to blame their political enemies.
But you the intelligent person was the one that rejected subsidy removal in 2012 simply because it was a pdp government in power but humbly and timidly accepted the removal because apc is in power now.

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