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Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? - Politics (2) - Nairaland

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APC Would’ve Lost To Atiku If Osinbajo Got APC Ticket – Igbokwe Counters Sanusi / Wike Told Atiku If APC Had Picked Osinbajo He Would Have Declared For APC. / PDP May Replace Atiku If .............. (2) (3) (4)

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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:
Atiku better sit down patiently with the person that explained the economics behind deregulation instead of rushing to social media.
These people called Politicians are just as dumb as anyone.

Fine, when Buhari first deregulated in 2016, Oil price dropped "due to competition" by 1 naira, but what happened after, it flew right up to #145.
This is because Oil is always in high demand and the higher the demand the higher the price.

Law of Officialgarri states that "Any product with increasing demand and without corporate regulations will have it's market price competing mostly at increasing prices" e.g Cryptocurrencies
Hence, the introduction of subsidy. If not for regulation and subsidies, gas was initially supposed to be selling at about #179 but the Government pays about #46.

So someone tell me something interesting about deregulation
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 grin

2 Likes

Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by Nobody: 4:40pm On Sep 08, 2020
amc:
Atikuloot is an olodo who didn't go to school, just like some of his followers who agree with his tweet.

The answer is CURRENCY DEVALUATION.

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

https://www.youtube.com/watch?v=SamsMqd8EMU
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 grin

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:
Atikuloot is an olodo who didn't go to school, just like some of his followers who agree with his tweet.

The answer is CURRENCY DEVALUATION.

haba na person papa you finish like this o grin
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:
Atiku better sit down patiently with the person that explained the economics behind deregulation instead of rushing to social media.
These people called Politicians are just as dumb as anyone.

Fine, when Buhari first deregulated in 2016, Oil price dropped "due to competition" by 1 naira, but what happened after, it flew right up to #145.
This is because Oil is always in high demand and the higher the demand the higher the price.

Law of Officialgarri states that "Any product with increasing demand and without corporate regulations will have it's market price competing mostly at increasing prices" e.g Cryptocurrencies
Hence, the introduction of subsidy. If not for regulation and subsidies, gas was initially supposed to be selling at about #179 but the Government pays about #46.

So someone tell me something interesting about deregulation
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:
Atiku better sit down patiently with the person that explained the economics behind deregulation instead of rushing to social media.
These people called Politicians are just as dumb as anyone.

Fine, when Buhari first deregulated in 2016, Oil price dropped "due to competition" by 1 naira, but what happened after, it flew right up to #145.
This is because Oil is always in high demand and the higher the demand the higher the price.

Law of Officialgarri states that "Any product with increasing demand and without corporate regulations will have it's market price competing mostly at increasing prices" e.g Cryptocurrencies
Hence, the introduction of subsidy. If not for regulation and subsidies, gas was initially supposed to be selling at about #179 but the Government pays about #46.

So someone tell me something interesting about deregulation

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:


VANGUARD

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

Re: Atiku: If We Truly Deregulated, Shouldn’t Fuel Price Drop? by November1857(m): 4:59pm On Sep 08, 2020
JesusJesus:
Atiku is always trying to make a point but believe me, there's no other description of Atiku but Thief, ole, barau
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:
They all use fuel price and insecurity as political points till they become president... When they assume office, the narrative changes.

Abeg let Buhari do his own and leave and let's move forward. If it's revolution or election, we'll know by then.

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:
Atiku better sit down patiently with the person that explained the economics behind deregulation instead of rushing to social media.
These people called Politicians are just as dumb as anyone.

Fine, when Buhari first deregulated in 2016, Oil price dropped "due to competition" by 1 naira, but what happened after, it flew right up to #145.
This is because Oil is always in high demand and the higher the demand the higher the price.

Law of Officialgarri states that "Any product with increasing demand and without corporate regulations will have it's market price competing mostly at increasing prices" e.g Cryptocurrencies
Hence, the introduction of subsidy. If not for regulation and subsidies, gas was initially supposed to be selling at about #179 but the Government pays about #46.

So someone tell me something interesting about deregulation

Copied the image below from page 2 of this thread grin

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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