MissionaryArchi:

Mtcheeew I thought you were intelligent. SMH
You don't deserve my time

Okay, have a good day.

helinues:


Nigeria Elon Musk don come again oo

So Buhari is responsible for the crisis between Ukraine and Russia that sanctions is having it's effect on world economy?

You warned who?

Ukraine crisis is having effect on what Oga?
Has Ukraine crisis turned to global pandemic?
Which other West African countries are switching off productivity lines for lack of gas?

My understanding is that oil economies are cashing out big time.... how come Nigeria is different?

Simple, at his 7 year in office the refinaries he promised to boost their capacity, went comatose.

tekjansen2:


True, Buhari should have done something about our refineries, but if we were refining fuel at home, the cost of diesel would still have been high because of the high cost of crude oil

At least we won't be made to buy at international price and international factors won't dictate our supply

OKKO:


Ukraine crisis is having effect on what Oga?
Has Ukraine crisis turned to global pandemic?
Which other West African countries are switching off productivity lines for lack of gas?

My understanding is that oil economies are cashing out big time.... how come Nigeria is different?

Simple, at his 7 year in office the refinaries he promised to boost their capacity, went comatose.

1.Ukraine crisis has led to rises in crude oil prices.

2.This means that the cost of petrol and diesel has risen as well...because once crude oil prices rise, diesel prices rise.

3.We should refine petrol and diesel at home, so Buhari has failed on that. But in countries that refine petrol and diesel at home, prices of both have risen.

4.Countries that don't have rising prices of diesel and petrol are heavily subsidisng the diesel and petrol. Nigeria removed subsides on diesel in 2013.

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Minimum pay is 50k monthly! You may signify interest if you care or know someone who needs it.

Send a mail to r.chibuogwu@gmail.com to be added to a work group! subject your mail "work group"

NB: if you are not computer savvy, you will be trained.

tekjansen2:


1.Ukraine crisis has led to rises in crude oil prices.

2.This means that the cost of petrol and diesel has risen as well...because once crude oil prices rise, diesel prices rise.

3.We should refine petrol and diesel at home, so Buhari has failed on that. But in countries that refine petrol and diesel at home, prices of both have risen.

4.Countries that don't have rising prices of diesel and petrol are heavily subsidisng the diesel and petrol. Nigeria removed subsides on diesel in 2013.

it goes to show how useless your leaders are, imagine the refineries you have none is working, this would have been a golden opportunity to caah out

ayindejimmy:



At least we won't be made to buy at international price and international factors won't dictate our supply

I'm not too sure about that

1.Countries that 'refine at home' are seeing rising diesel prices.

2.Crude produced for the domestic market...hypothetically...may not be as high as the international price, but it would be higher than normal. Then there is the cost of transporting diesel to the end user...especially with government not subsidizing diesel.

lavylilly:
it goes to show how useless your leaders are, imagine the refineries you have none is working, this would have been a golden opportunity to caah out

Even IF the refineries were working and they are not because subsides makes domestic refining unprofitable...diesel costs would still be high because of rising crude prices, which would even lead to rises in crude used for domestic refining.

As seen in America where the WTI ..the domestic price of American crude for local refining in the US...is rising along with the crude oil prices.

All in all, the problem is that we are not producing enough electricity...but that's another discussion.

MissionaryArchi:

Mtcheeew I thought you were intelligent. SMH
You don't deserve my time

Really, he doesn't

Prosper123:

Really, he doesn't

Really he has ears...

27Pushing30:


Illiteracy bad sha

Mumu. I can see your PHD

27Pushing30:


Buhari caused Russia Ukraine crisis? Wow

Russia Ukraine crises also caused the increasing exchange rate too?

27Pushing30:


Buhari caused Russia Ukraine crisis? Wow

Shot up, that's not what we talking about. You want to blaim the high cost of diesel on Russia/ukraine war ?

On a lighter mood, I want APC 2 continue. So that TV stations would even close down. Another 4×4!

tekjansen2:


Diesel and Petrol are higher in developed countries as well.

High price of crude means higher cost of diesel.

Was crude oil price not high in 2014? Why was diesel Soo cheap?

Baba is still at the helm of affairs.

helinues:


Nigeria Elon Musk don come again oo

So Buhari is responsible for the crisis between Ukraine and Russia that sanctions is having it's effect on world economy?

You warned who?

out of curiosity, what does the Ukraine war/crisis have to do with the situation in Nigeria?

Don't tell me you believe the prices of fuel and other commodities just went up few weeks ago when Russia invaded Ukraine.

Oblitz:


Was crude oil price not high in 2014? Why was diesel Soo cheap?

It was not that cheap...it was quite high then....and has been higher than fuel since.

At the end, if we want to refine diesel at home, government needs to totally end subsides on fuel....which would make refining fuel, and diesel profitable...and probably bring down the price. But this APC government has so far refused to do it.

tekjansen2:


So, should domestic producers of crude keep crude prices down 'to help poor Nigerians'?

Would you reduce prices of what you sell, assuming you are a businessman 'to help poor Nigerians'

And does my accepting the reality of capitalism mean that I am suddenly a Buhari supporter?

Swerve please. Many countries that produce crude sell it at a high price. Unless you want diesel to be subsidised again...something that ended in 2013...and something that if reinstated would drive us into more debt.

You aint informed bro... Sorry no body here can help you.

All those fools that b rye ought us here have disappeared.
It can never be well with them.

Greyworld:



You aint informed bro... Sorry no body here can help you.

Thank you, and charmed, I'm sure.

tekjansen2:


It was not that cheap...it was quite high then....and has been higher than fuel since.

At the end, if we want to refine diesel at home, government needs to totally end subsides on fuel....which would make refining fuel, and diesel profitable...and probably bring down the price. But this APC government has so far refused to do it.

You these liars.

Diesel was around 160 naira then, if you do buy it then
And you people claimed crude oil was above 100 dollars too.

Now at the same 100 dollars pr so price is unbearable at around 700 naira.

tekjansen2:


Diesel and Petrol are higher in developed countries as well.

High price of crude means higher cost of diesel.

But they have constant power Na
U pple will just be comparing develope country to Nigeria when it favour u pple
Nigeria economy is run by fuel
How many pple drive cars the reason we consume do much of fuel is because of power which we can't even produce our self
Anyways depending on IMF advice now see we they landed us
So if they are suffering must we too
Buhari and co's are d real definition of Failure pls

27Pushing30:


Buhari caused Russia Ukraine crisis? Wow

Did he mentioned Russian Ukraine abi are you some worth related to bubu in Aso rock?

tekjansen2:


I'm not too sure about that

1.Countries that 'refine at home' are seeing rising diesel prices.

2.Crude produced for the domestic market...hypothetically...may not be as high as the international price, but it would be higher than normal. Then there is the cost of transporting diesel to the end user...especially with government not subsidizing diesel.

Let me tell you this, if the refineries were working, the increase in price would be a function of the increase in global crude price which ordinarily would be infinitesimal. Again the government would gain from the increase in the sale of crude.

For Instance the price of diesel and pms in UAE increased with some fils (our kobo) about 29 fils or so.

Now even if the price of goods would adjust it won't distort things like you have in Nigeria.


The solution however remains: Remove the subsidy, let's suffer it once and for all. But ensure the money from subsidy removal goes to the RIGHT channel. Emphasis on RIGHT.

27Pushing30:


Buhari caused Russia Ukraine crisis? Wow

No, he did not cause the crisis. We have been enjoying life with Buhari till the beginning of the crisis.

SarkinYarki:
We warned and warned y'all that Buhari will take Nigeria back 30 years but people callled us wailers then

They are feeling the hit already; those that refused to listen to your warning then are the ones begging all over the internet using every stupid methods..

tekjansen2:


The thing is, crude oil costs money. It costs money to bring it out, then there is staff salaries, cost of maintenance of equipment, cost of new equipment, and taxes, taxes, taxes.

Then even if you refine the thing...you have to transport it all over the country...another cost.

Subsides paid for all those costs re diesel till 2013, when the subsidy on diesel was removed.

Unless the people drilling crude can be convinced to cut their prices for Nigeria, or unless we want to bring back subsidy and its heavy duty costs, diesel would still be expensive if we refined it at home.


Capitalism, evil capitalism.

You are funny sha.

Put your previous replies and the questions asked of you side by side with this reply and you see you are running kiti kiti

helinues:
Eventually...

Lmao. The sweet reach you too? Omo

timefarm:

You these liars

.

As usual.

Diesel was around 160 naira then, if you do buy it then
And you people claimed crude oil was above 100 dollars too.

1.Value of the naira was better then, thanks to the oil windfall of 3 years

2.Even then, that was quite expensive by the standard, and it went up above 200 naira within the year.

3.Subsides were removed on diesel in 2013...meaning that a rise in its price at a high level was inevitable...whoever was in charge.

Now at the same 100 dollars pr so price is unbearable at around 700 naira.

We have had chronically low oil prices for 8 years, so have incurred debt as a result...naturally we won't see the benefit of high oil prices. (and yes this shows how bad APC is because they did not diversify the economy at all)

So after years of blaming GEJ for all his incompetence and failure, the Dullard has shifted blame to Russia and Ukraine?

27Pushing30:


Buhari caused Russia Ukraine crisis? Wow

luizpippo:




You are funny sha.

Put your previous replies and the questions asked of you side by side with this reply and you see you are running kiti kiti

Okay, good morning.

You want cheap things without thinking about the cost.