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Nairaland Forum / Nairaland / General / Politics / Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? (28760 Views)
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Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Originakalokalo(m): 4:37pm On Sep 08, 2020 |
For the children of God, if you love yourself, pray for the kingdom of God to come. The kingdom of men has failed...no one is coming to make things better. The earlier we leave here the better. Come quickly Lord. 1 Like |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by INTEGRITYA1(m): 4:37pm On Sep 08, 2020 |
Let Lai Muhammed answer this abeg |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Sholaco: 4:37pm On Sep 08, 2020 |
How can the price drop? In a situation where the government no longer be the one to fix price...no price control, every marketer at the liberty to fix price for the commodity... 3 Likes |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nobody: 4:38pm On Sep 08, 2020 |
Wetin Messi no go see for 8-2? |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by relicng: 4:38pm On Sep 08, 2020 |
Wait for reply |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by cjudy(m): 4:38pm On Sep 08, 2020 |
Officialgarri:I pity your generation. 1 Like |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by SaintLucia: 4:40pm On Sep 08, 2020 |
Lol 2 Likes
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Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nobody: 4:40pm On Sep 08, 2020 |
amc: Lol at this stark illiterate |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Yankee101: 4:42pm On Sep 08, 2020 |
Ask them |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Mathantics: 4:43pm On Sep 08, 2020 |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Dizzyrascal(m): 4:44pm On Sep 08, 2020 |
This question make brain |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Openbusiness: 4:45pm On Sep 08, 2020 |
Just wait and see how some people here will turn this to a PDP vs APC, Atikulated VS Febuhari fight, instead of making an intelligent debate on the issue raised. I just came here to watch the drama unfold 2 Likes |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by 2Ways(m): 4:45pm On Sep 08, 2020 |
atiku do I sale fuel? |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Goke7: 4:46pm On Sep 08, 2020 |
amc: haba na person papa you finish like this o |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by OreMI22: 4:46pm On Sep 08, 2020 |
They don't want full deregulation because this government is hiding within the gambits of "deregulation " to loot resources and exploit Nigerians. 1 Like |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Dizzyrascal(m): 4:47pm On Sep 08, 2020 |
Officialgarri:baba keep quiet, shey you Sabi Nigerian economy and deregulation pass Atiku? Business man and former vice president? 1 Like |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nobody: 4:48pm On Sep 08, 2020 |
Atiku just exposed himself as an opportunist and not a businessman. Somebody ask him if the exchange rate is still the same. The people for whom the price has dropped have stable exhange rates or strong currencies. Foolish man!!! 3 Likes |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nchenches: 4:49pm On Sep 08, 2020 |
Deregulation? But not to be carried out by you at the head. The younger generations in Nigeria must be given the chance to adjust the country. |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Ogaga87(m): 4:50pm On Sep 08, 2020 |
Officialgarri: Crashing oil price and the beauty of coronavirus |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by bigtt76(f): 4:51pm On Sep 08, 2020 |
Theoretically, he's right but he also failed to put into consideration the following: 1. We import the refined product in dollars and the importers need to source the dollars at the prevailing exchange rates 2. The final cost of the product is based on the product's landing cost (taxes + import duties + cost to transport product etc) 3. Low crude oil price translates to low dollars inflow into the country which means high exchange rate due to high demand By the time all of these are taken into consideration, the price to the end-users would shoot up. This scenario would be different if our refineries are working but as we all know, the refineries are being sabotaged because of the people who are benefiting from the importation of refined products. Islie: 3 Likes 1 Share |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by princeSammyz: 4:53pm On Sep 08, 2020 |
No. If we truly deregulate, prices should be unpredictable, except if government herself becomes a major player in the market and also if we can refine the fuel we use. 3 Likes 2 Shares |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Lerumo: 4:57pm On Sep 08, 2020 |
Atiku being economical with the truth. Just for politics. |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by olisefom: 4:57pm On Sep 08, 2020 |
Una be the same. |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by robosky02(m): 4:59pm On Sep 08, 2020 |
Ok They think they are doing us, soon the table they are shaking...... Hmmmm
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Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by November1857(m): 4:59pm On Sep 08, 2020 |
JesusJesus:DON'T USE THE NAME OF THE LORD IN VAIN ! |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nobody: 5:01pm On Sep 08, 2020 |
loneprof: That's why those of us who want to have a decent conversation about subsidy can't do so without being accused of political intentions |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by OgogoroFreak(m): 5:02pm On Sep 08, 2020 |
Even Buhari was asking questions like this before but when he entered, he bacame a lion. |
Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Lorechino(m): 5:03pm On Sep 08, 2020 |
Officialgarri: Get the Bleep out, if he has someone who explains economic situations for him then that's far better cos he can 1, learn and understand 2, he's a business man (with ideas) 3, he can afford the service(s) of an economist Don't come here n advertise cripto nonsense N shield this bastard government before Ogun go kill u
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