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Nairaland Forum / Nairaland / General / Politics / Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre (14176 Views)
Yuguda: A Certain President Chose Not To Remove Subsidy To Protect His Life / Kyari: FG Will Divert ₦457 Billion Petrol Subsidy To Other Sectors / High Oil Price Pushes Subsidy On Petrol To N65.6 Per Litre (2) (3) (4)
Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Islie: 7:19am On Apr 29, 2021 |
The real market price for Premium Motor Spirit (PMS) also known as petrol has hit N241 per litre. This is creating a deficit of N76 per litre on every litre of the product sold at N165 subsidised price presently in place across the country. Oil marketers, who declared this yesterday, maintained that the foot dragging on subsidy removal was digging Nigeria into “terrible economic misfortune.” National Operations Controller of the Independent Petroleum Marketers Association of Nigeria,Mr. Mike Osatuyi, who said this in an interview with New Telegraph, maintained that the Nigerian National Petroleum Corporation (NNPC) was not a non-government organisation (NGO).https://www.newtelegraphng.com/petrol-market-price-hits-n241-pushes-subsidy-to-n76-per-litre/ 1 Share
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Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Dcube212: 7:22am On Apr 29, 2021 |
A country blessed with somuch, but has little or nothing to offer her people 39 Likes 3 Shares |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by inoki247: 7:23am On Apr 29, 2021 |
Confused country with confused president.... if we du anoda Election today people will still come out and vote the Natural Disaster we have there now.... 68 Likes 3 Shares |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by PissfulProtester: 7:27am On Apr 29, 2021 |
We are getting there! 33 Likes 1 Share
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Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Xpol: 7:39am On Apr 29, 2021 |
XPOL MUSIC |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Teibaba(m): 7:44am On Apr 29, 2021 |
They should just make it 500 So that we can get to wherever we are going quick 48 Likes 7 Shares |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Racoon(m): 7:44am On Apr 29, 2021 |
https://www.youtube.com/watch?v=YmG_dYY7YRA "There is no such thing as subsidy.It is corruption that they are calling subsidy. Anyone that tells you he is paying subsidy is not telling the truth.Subsidy is a scam...." The subsidy or under-recovery fraud/scam that Buhari rightly called is just manifesting itself without any hitch like pregnancy that can never be hidden.Yet the sanctimonious hypocrite has never apologized for insulting the sensibility of a nation. This government needs to leave our national life but let's see how the zombies will defend this again.Those who live and govern by lies and propaganda will surely die off from lies and propaganda. 27 Likes 5 Shares |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by helinues: 7:45am On Apr 29, 2021 |
What is is subsidy or subsidized? |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by BigSarah(f): 7:47am On Apr 29, 2021 |
After The Ramadan fast or probably democracy day, they're going to hit Nigerians with the new price. 16 Likes 1 Share |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Racoon(m): 7:49am On Apr 29, 2021 |
“N241 is the spot pump price of petrol as at today (yesterday). That is the real price the product is supposed to sell at filling stations across the country based on the crude oil price and other international marker fundamentals.Whao! After all the lies of removing the fraudulent subsidy about two times this year? Lies has a beginning and end.Bunch of scammers and fraudsters in government. cc: , Seunmsg, NgeneUkwenu, 10 Likes
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Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by gambia(m): 7:53am On Apr 29, 2021 |
I'm not surprised, by the time Buhari and his deluded team members are done with Nigerians, even their gullible followers will prefer to stay in Somalia. 20 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by damon77: 8:38am On Apr 29, 2021 |
tired of this country tbvh 4 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Alejobs: 8:38am On Apr 29, 2021 |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by ignis: 8:38am On Apr 29, 2021 |
Next level. |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by nautybride: 8:38am On Apr 29, 2021 |
They better keep subsidizing then. I wonder where the promise of cheap pms lies now with pmb. pickatyouu:In fact, if one continue to think about the terrible situation of the country, it's Auto HBP for one. 6 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Bbqgrillsnafool: 8:39am On Apr 29, 2021 |
Buhari, a towering failure. 3 Likes 1 Share |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by ImDStar: 8:39am On Apr 29, 2021 |
Oya gbera! Nigeria sai Baba!!! |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Nobody: 8:39am On Apr 29, 2021 |
Still waiting 4 dose SEERS who communicate directly wit ?God, who said dey saw a New Nigeria wit Buhari in 2015. Truly speaking, they saw a NEW NIGERIA 6 Likes 1 Share |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by heckymaicon(m): 8:40am On Apr 29, 2021 |
Next level shit |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by pickatyouu: 8:40am On Apr 29, 2021 |
Every day one depression news to make our lives more harder than it is 5 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by yourshopkwikguy(m): 8:40am On Apr 29, 2021 |
This will surely happen when nation doesn't have a working Refinery after many years of lies and manipulations. I remember when Buhari said subsidy was corruption, but now he is now the epitome corruption. I hope dangote refinery help us at least sha. I have quality and Premium Men Casual shoes for sales, check my signature to see. |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by blinking001(m): 8:40am On Apr 29, 2021 |
Okay.... |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Nobody: 8:40am On Apr 29, 2021 |
Some times I really wonder how some low income earning Nigerians survive this harsh government. I'm very certain that Buhari and his cohorts do not even know what leadership is, this is just a " by trial and error governance" now the masses are paying for such errors. 1 Like |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by 9jaRealist: 8:40am On Apr 29, 2021 |
> What a DUMB government... Spending MORE money on subsidizing CONSUMPTION of petrol yearly than on each of education, health or agriculture! Btw, kerosene, diesel (used to transport goods/food/people), and aviation fuel (used for cargo/logistics) are NOT subsidized... But the government that buys thousands of cars (for every political appointee/officeholder) subsidizes wasteful petrol consumption. > 2 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Lanre4uonly(m): 8:40am On Apr 29, 2021 |
It is well. |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Ololanla: 8:41am On Apr 29, 2021 |
hmm |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by ngadaAwo: 8:41am On Apr 29, 2021 |
lol by the time terrorist Buhari is done with Nigeria ehhh we'll beg Abacha ghost for forgiveness and beg Chad to colonise us. Buhari is a criminal bastard terrorist vagabond gworo chewing burukutu guzzling old hag. Apc is bokoharam Thunder scatter all Buhari supporters insha Allah amin 1 Like |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by HIGHESTPOPORI(m): 8:41am On Apr 29, 2021 |
NNPC should bear the burden, after all the money saved might still be looted if subsidy is removed. 2 Likes |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by Ceeogbaru2: 8:41am On Apr 29, 2021 |
Failed Nation... 9ja not my country anymore am typing from Anambra state... |
Re: Petrol Market Price Hits N241, Pushes Subsidy To N76 Per Litre by rowosky(m): 8:41am On Apr 29, 2021 |
But all marketers were asked to sell the product at between N162 and N165 per litre.Lies, Petrol is being sold for 170 in most places. |
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