The Federal Government has said the pump price of petrol will remain N162 per litre, until it reaches an agreement with the Organised Labour for full deregulation of the downstream petroleum sector.

Minister of State for Petroleum Resources, Chief Timipre Sylva, stated this on Tuesday while speaking with reporters in Abuja.

According to Sylva, President Muhammadu Buhari will shed more light on the Petroleum Industry Bill (PIB) on Wednesday.

He however noted it is now constitutional for Nigeria to deregulate the oil and gas sector.

“I cannot give you a timeline now. But it is not going to be too long from now, because we have done quite a lot of extensive work.

“So we will keep it here at N162 within that band now for the time being but we are also in the time at the moment trying to work out to allow the deregulation to come to fruition,” Sylva said.

Source:https://dailypost.ng/2021/08/17/fg-clears-air-on-increasing-fuel-price-to-n300-litre/

Na that agreement we no pray make you guys reach so that the price can remain the same

Monogamy:
Na that agreement we no pray make you guys reach so that the price can remain the same

This PIB is sponsored by Dangote.... His refinery is at 90% and wants to put the bill to his favor....


He wants to monopolize PMS... As he's monopolizing on cement products....

Useless Labour!!

No hope again for the common man in this Nigeria.

Unions are compromised
Senators and Reps are rubber stamp
Judges are corrupt
Security operatives are killing the innocent
Politicians are milking the economy dry ...
And worst of all, presidency is in bed with terrorists, kidnappers and bandits

Until you collect your Ghana must go bag, once you get it the government can do whatever they want

Can we celebrate this?

Is it not Nigeria?
Govt will first pretend as if they are for the people, but very soon they tell you fuel is increased.
You can never live in Nigeria, and you are always Happy.
Government actions will always make you sad everyday.
And Government have successfully caged everybody now, no one can protest...
You must suffer peacefully.
And sadly, Nothing goes up, and come down in Nigeria, and if care is not taken fuel will reach N500 per litre under Buhari.

Ok

In other words ,prepare for raise of fuel prices .

It’s like BBnaija is making these people happy. Lemme increase their blood pressure small

APC government will finish Nigeria before they left 2023. Nigerians don't have direction anywhere they were told to go by the government of the day that is where they follow without complain. Do we still have Nigeria labour congress (NLC) in this country.

It’s this good or bad news ?

Agrees with labour to reduce or increase the price abi?

APC bringing more hardship to Nigerians.
Before 2023 pump prices will hit 500 naira.

We don enter am for this country �

They should be careful

Taliban government

Well, it was going to happen sooner or later anyways.

I hope they provide adequate palliatives and channel the savings from non payment of subsidy to productive use such as infrastructural development and social intervention programmes

This current Administration is equal to Taliban

Labour lied, when they move it from 87 to 162 - 165 selling now.. did dey care about Labour's opinion and that of nIGERIA masses

The Government care more or less about the masses, get that in your mind and face reality. May God help Innocent Nigerians that is all. from us AfriNOTES

This government wants to kill us oooo

The government is perfecting plans to bribe the so called organized labour, once those plans have been perfected and the corrupted union bribed, Nigerians will pay another expensive price for voting the WAEC holder by purchasing fuel at N300 per liter.

This I have seen.

By the time buhari leaves the office, na swear dem go dey swear for am. Just imagine gas is #550 per KG. Isn't that madness?

Ok

Where are we heading to

Meanwhile

Be that Machine man. Make her SCREAM at the top of her voice and SQUEEZE the bed POWERFULLY. Make it Bigger, Thicker and Longer within 2 weeks assurance. You are just a PHONE Call away to your permanent solution.
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No argument, no hope for poor man in this country... Best thing is to japa.

Haiti is there Nigerian Muslims no talk about the death in Haiti na about that useless talibans dem dey talk about and happy say dem take over. I said it that most Muslims especially Nigerians were happy for what happen during 9 11..

No wonder they quickly rushed to pass the PIB , all na to increase fuel price. Any further increase will lead to a massive protest this time. We can't continue suffering and smiling

Well the thing is either way we have to be honest with ourselves and remove this subsidy

Hope APC also apologises to Nigerians for opposing GEJ on the matter. And to GEJ himself too.

Now that they are in goverment they can see why it was necessary in 2011 to remove subsidy . It was chopping money