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Fuel Price Shouldn't Increase If We Truly Deregulated_atiku - Politics - Nairaland

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Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by jaysport: 2:18pm On Sep 08, 2020
Former Vice President Abubakar Atiku has again punctured the recent deregulation in petroleum that has led to an Increase In Fuel Price, asking “If we truly deregulated, shouldn’t fuel price drop?”
Atiku, in rhetorics on his verified Twitter handle Tuesday morning, tweeted that as a businessman, he is more concern with the economic perspective of things.
He pointed out that in the US and Europe, fuel prices are far lower than they were in 2019.
Then he asked in a ponderously, “If we truly deregulated, shouldn’t fuel price have dropped?”
I am a businessman. I look at things from an economic perspective. Questions beg answers. The price of crude is down from where it was in 2019. In the US and Europe, fuel prices are far lower than they were in 2019. If we truly deregulated, shouldn’t fuel price have dropped?
— Atiku Abubakar (@atiku) September 8, 2020
Atiku had, four days ago, rejected the increase in electricity tariff describing the move as “ill-timed and ill-advised.”
He also described the move as an “impetuous disregard for the challenges.
“I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face.
“Many Nigerians have not earned an income for months, due to no fault of theirs. This increase is ill-timed and ill-advised,” he said.
Nigerians have however been reacting to the development on the increment in petrol and electricity tariffs, stating their displeasure considering the economic status of the average
Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Nwaide01: 2:31pm On Sep 08, 2020
Every body knows that they are watering the ground for Dangote.when the refinery comes into operation the price will be between #200 and #300.
Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Golan007: 2:34pm On Sep 08, 2020
Stupid talk.

If it was so why didn't you and OBJ hands off subsidies?


Or you didnt want the price to drop?

1 Like

Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Enwhen(m): 2:41pm On Sep 08, 2020
Golan007:
Stupid talk.

If it was so why didn't you and OBJ hands off subsidies?


Or you didnt want the price to drop?


Stop drawing us backward ... Address the issue he raised...


He has said something very important... After the pandemic, Nigerians will buy pms per litre for ₦400... Like if that way .... We have been sleeping for too long.
Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Golan007: 2:44pm On Sep 08, 2020
Enwhen:



Stop drawing us backward ... Address the issue he raised...


He has said something very important... After the pandemic, Nigerians will buy pms per litre for ₦400... Like if that way .... We have been sleeping for too long.

You don't like the truth.

If removal of subsidies were meant to reduce the price, why did OBJ and the now garrulous Atiku hesitate to end subsidies?

Didnt they want the price to fall?

1 Like

Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Enwhen(m): 3:02pm On Sep 08, 2020
Golan007:


You don't like the truth.

If removal of subsidies were meant to reduce the price, why did OBJ and the now garrulous Atiku hesitate to end subsidies?

Didnt they want the price to fall?



How ? ,

During the time of Baba OBJ and Atiku , u should ask yourself this questions

Exchange rate
Price of crude
State of the economy
Numbers of oil marketers
Level of corruption in NNPC.


GEJ removed subsidy in 2012, this same govt protested and kicked against it... They even called it a scam... crude oil price in the global market is completely down, intact most producing countries have stop production , but yet this is the period Nigeria is removing subsidy , even with various in teases in VAT, Electricity, Stamp duty... In this pandemic that people are facing various hardship .... What about after the pandemic that price of crude oil will rise back ?... Serious hard time ahead ... And the issue here is as a results of govt bad economy on the part of same govt throwing the burden to the masses.


Tell me why I shouldn't believe that this govt is the sponsor of Boko haram , even with the good treatment giving to them ....while innocent families are suffering in IDPs like animals , the terrorists are being fed largely...
Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Golan007: 3:05pm On Sep 08, 2020
Enwhen:




How ? ,

During the time of Baba OBJ and Atiku , u should ask yourself this questions

Exchange rate
Price of crude
State of the economy
Numbers of oil marketers
Level of corruption in NNPC.


GEJ removed subsidy in 2012, this same govt protested and kicked against it... They even called it a scam... crude oil price in the global market is completely down, intact most producing countries have stop production , but yet this is the period Nigeria is removing subsidy , even with various in teases in VAT, Electricity, Stamp duty... In this pandemic that people are facing various hardship .... What about after the pandemic that price of crude oil will rise back ?... Serious hard time ahead ... And the issue here is as a results of govt bad economy on the part of same govt throwing the burden to the masses.


Tell me why I shouldn't believe that this govt is the sponsor of Boko haram , even with the good treatment giving to them ....while innocent families are suffering in IDPs like animals , the terrorists are being fed largely...



Which government kicked against them?

1 Like

Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by oluseyiforjesus(m): 3:06pm On Sep 08, 2020
It is well
Re: Fuel Price Shouldn't Increase If We Truly Deregulated_atiku by Mynd44: 3:09pm On Sep 08, 2020

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