Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,238 members, 7,836,143 topics. Date: Tuesday, 21 May 2024 at 09:27 PM

Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity (20284 Views)

BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices / DefendLagos: Youths Plan Counter-Protest At Lekki Tollgate / PDP, Others Plan Nationwide Protest Against IGP Jan 15 (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by toprealman: 7:45pm On Nov 12, 2022
PeterObi4LP:
[b]SS and SE region is buying Fuel N400 a litre. While other region buys it at N110 a litre.

1 Dollar in SS and SE is 980, while other region 1 Dollar is N211. I hope you get the gist? No region buys lesser than others. Una mumu don do.

Another election is here again to correct the many wrong you did in 2015 and 2019 by voting Peter Obi. If you like let tribalism, bigotry and sentiment beloud your sense of reasoning, na you and your family go soon suffer am the more if you vote APC and PDP.

Vote Wisely
Vote Peter Obi./b]
Stop making Peter Obi look like a fool.
Where in this world are they exchanging dollar for 211?
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Ashez: 7:49pm On Nov 12, 2022
PlayMaker14:
Same yoots that called GEJ unprintable names when the price was N85?


Same yoots that made a mockery coffin of GEJ when a dollar was N216 under the administration of GEJ?

Same yoots that voted massively for the Kunú guzzling drunkard called Buhari ignoring all warnings?
What more can we say?
How else do we make them understand?

Na now their eyes don open?


Give them Ewedu now, and you'll see them misbehaving, and throwing their support for the urinating machine called Tinubu.

Una Mumu never do... Am talking about those Yoruba Muslims.... Make una use this same energy to vote Peter Obi.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by damisolnal: 7:49pm On Nov 12, 2022
Everywhere Rugged ooo !!
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by fredoooooo: 7:53pm On Nov 12, 2022
Good .. make sure you do it in yiur states not in Lagos or go to Abuja the nations capital ... Thank you
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by do4luv14(m): 8:01pm On Nov 12, 2022
grandstar:
He is uninformed.

If NNPC was to follow best practices in the oil industry, the price of petrol would be sold at a deregulated price, probably hovering around N700.

The primary problem is the petrol subsidy. It's presently too high and Meole Kyari has been crying out, with the president being unresponsive.

At the very least, the government should increase the price to N450 per litrw. This would reduce the level of the subsidy and reduce pressure on the foreign reserves. It might also lead to some much needed appreciation of the Naira.

I suspect the president might want to keep the price the same, lest any increase in price leads to discontent, sending a large swathe of the electorate into the opposition arms




What a beautiful nonsense you just wrote
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by annisy(f): 8:01pm On Nov 12, 2022
Werey every where who is the minister of petroleum? Why are you clowns not calling for the sack of the minister of petroleum abi una dey fear Sai baba�����!!
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by TinubuDeDrugLor: 8:01pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.

This maggot again?

Vagabond, when did the innocent Igbo's start answering Bandits name?

Useless urchin. Good for nothing urchin

2 Likes

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by openmine(m): 8:05pm On Nov 12, 2022
Who is the substantive minister of petroleum resources?
Let them start from there!
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by TinubuDeDrugLor: 8:05pm On Nov 12, 2022
Nazgul:
One would think that the current hardship across the country would reset people's brains and make them come out to vote out this evil APC party.

But no, the same youths who are the worse hit if this administration are the ones standing behind them, I can bet anything that this protest wouldn't hold, why.... because some faction of those who are organizing the protests would be bribed by the government and they'll try to convince the others to embrace peace that the hardship is all over the world.

That's the kind of youths we have in Nigeria today.

Example of an irresponsible youths are Omenka, Ihordspy,TonyeBanditstar,etc

All of them are good for nothing other Nairaland miscreants.

1 Like

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by AFRICANJAMAICA: 8:12pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.


Even basic salary peanut earners that dont have a kiosk in lagos are making noise...

Is a faceless forum.

1 Like

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by riverbird: 8:15pm On Nov 12, 2022
There was a clip I watched where tinubu was campaigning for buhari and he said so many things including paying unemployed youths every month and making a dollar equals a naira, that video will be very important to other parties in this campaign season if they know how to make use of it.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Nobody: 8:16pm On Nov 12, 2022
Here is the thing...if the youth are ready to protest for cheaper fuel prices, then they should have no complaints when government too decides to set the prices of whatever goods and servicies they offer in their businesses...so that the poor can be helped.

The reason why we have bad refineries, and all the mess that goes with it is because people in Nigeria do not want to accept reality. They want fuel that actually costs N500 to cost less than N100. That is not possible.

Anyway, all i know is , countries that control or set prices for their business people all have one thing in common...large deficits, and large loans.

In 2012, Nigerians protested against fuel subsidy. If they had all gone home and for once accepted that even a broken clock is right two times of the day...and this was one of the times it was right, we would have had working refineries, and a reduced budget deficit, and maybe the naira would have been around N400 to the dollar on the black market...if not less.

Well, this protest is just as wrong as the protest that happened 10 years ago.

Again, no such thing as cheap fuel. No such thing as cheap fuel. Subisdy has to go.


P.S Will not be responding to mentions. If you cannot get my points, sorry.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by YorubaMentality: 8:21pm On Nov 12, 2022
Point of correction "Yoruba Youths are planning to embark on a fruitless protest which will never yield any result.

Please, count Hausa and Ibo out of Yoruba madness, we will never join them in their useless protests.

The same Yoruba that want to impose Tinubu on us, so that he will continue from where Buhari stopped.

Affliction shall never rise the second time. Never ever

2 Likes 1 Share

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by AfonjaConehead: 8:31pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by arantess: 8:33pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.
Look at this son of terrorist herdsman from fouta jalon.

Na your ear we go use do suya
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by obi58: 8:41pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.

We already know you are an agbero. So this is not surprising coming from you
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by staga: 8:48pm On Nov 12, 2022
lhordspy:
This time around if zombidients and yiiboo miscreants hide under the disguise of youth just like Endsars protest to cause mayhem, upset, looting, stealing, sabotage and other evil intentions they are known for. Especially in Lagos, which i know is their target due to hate and envy.

I urge the government to deal with them in the brutal way possible. If you need volunteer, please call us. We are ever ready to restore some people brain back to default settings.

Idiot!
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by CharleyBright(m): 8:48pm On Nov 12, 2022
Cihoti5184:
Nigerians Only

It still paying still now

Diamond campaign still giving 4,500 sign up bonus for those that use the unique campaign link to sign up.. it paying and people who knows about it are cashing out with different numbers even old user are using different numbers to sign up to receive the bonus

To know how to get the bonus and the link follow the instructions below..


*You must use a phone number that has not been use before to register on palmpay for those that have already have account with them

*Use this unique campaign link to register and sign up follow the process and you will receive the bonus, you will find the campaign link in this Facebook post link below
click the link below .https://www.facebook.com/100087321703803/posts/pfbid0E9SgmtBVJsEyF6KYhTRQoo3AVguxEBg1pagL5gdCdE26BugLRFMnzebk2Hbp2XsVl/?app=fbl

When it open click the campaign link and register your number then get the app and sign up with your real name
When done you will automatically be credited 4,500 in your palmpay account and withdraw immediately.

When you receive the money don't forget to send #500 card to this MTN number 081.04545.123 as appreciation for showing you this

Ole . Thief
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by lereinter(m): 8:52pm On Nov 12, 2022
[center][/center]

Yimmu

Wait your envelope is cumin
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by tunapawizzy: 8:52pm On Nov 12, 2022
u people will vote leaders that have no political will to do the right things...when everything scatter, u will now call for sack of NNPC GMD...weytin make NNPC gmd do.....he should go and use his child for rituals to get money to build refineries?...... shey una dun dey follow Tinubu and Atiku again.....u go still call for sack of GMD under those ones too
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Babastrong(m): 8:52pm On Nov 12, 2022
[quote author=PlayMaker14 post=118336612]Same yoots that called GEJ unprintable names when the price was N85?


Same yoots that made a mockery coffin of GEJ when a dollar was N216 under the administration of GEJ?

Same yoots that voted massively for the Kunú guzzling drunkard called Buhari ignoring all warnings?

Na now their eyes don open?


Give them Ewedu now, and you'll see them misbehaving, and throwing their support for the urinating machine called Tinubu.

Una Mumu never do... Am talking about those Yoruba Muslims.... Make una use this same energy to vote Peter Obi.[when it comes to politics, an average igbo will always score 0%. You are repeating the same mistake your fathers committed. You need people's votes and you're polarizing them. Yoruba muslims=hausa muslims=igbo muslims. Al-muslim hawu li-muslim.]
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Emu4life(m): 8:54pm On Nov 12, 2022
grandstar:
He is uninformed.

If NNPC was to follow best practices in the oil industry, the price of petrol would be sold at a deregulated price, probably hovering around N700.

The primary problem is the petrol subsidy. It's presently too high and Meole Kyari has been crying out, with the president being unresponsive.

At the very least, the government should increase the price to N450 per litrw. This would reduce the level of the subsidy and reduce pressure on the foreign reserves. It might also lead to some much needed appreciation of the Naira.

I suspect the president might want to keep the price the same, lest any increase in price leads to discontent, sending a large swathe of the electorate into the opposition arms
Na so una go dey blow grammar. When Buhari increased pump price from #87 to #147, was it not subsidy he claimed to have removed?? What of from #147-#200 plus? How many times will they remove subsidy? With this antics, even if we are buying fuel for #2300 per litre, they will still claim we are in a subsidy regime.
Buhari told us after pump price increase from 87-146 that the subsidy money will be used to fix our refineries so we no longer depend on importation of petroleum product. How many refinery has this Government fixed?? Where is the Money?
I once believed in the removal of fuel subsidy but not any longer. Subsidized fuel is one of the few things the ordinary man enjoys in Nigeria. How do you expect Cyber cafe operators, Barbers, Okada riders and others to cope with fuel at #700?? Have we not suffered enough?
If the Government wants to fix the refinery let them fix it but they can't keep compounding to the sufferings of the ordinary citizen in the name of recurrent subsidy removal.

1 Like

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Prometheus666: 9:17pm On Nov 12, 2022
Nigerians are ungrateful people. Upon all the Subsidy that government is spending to keep the price of petroleum products low, you people are still complaining.

Do you know how much fuel is sold in Europe and Americas. You should be grateful. When Tinubu becomes President, he will legalize drug business and print money and we will all enjoy.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by newnigerdelta00: 9:37pm On Nov 12, 2022
dre11:
Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity, Demand Sacking Of NNPCL Director, Mele Kyari



https://saharareporters.com/2022/11/12/nigerian-youths-plan-nationwide-protest-over-rising-fuel-prices-scarcity-demand-sacking




Peter obi stop your tricks, end SARS way you and PDP set up fail, now na nationwide protest you go shame
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Tinububalls: 9:44pm On Nov 12, 2022
The tribe will till say it's an Igbo protest.
They will start and hide.
Cowards.

1 Like

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by NavasBit: 9:46pm On Nov 12, 2022
Na only lunatic go join this kind of protest. This is happening globally. Natural disaster here and there too contribute. Make una dey chill small.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by christistruth01: 9:59pm On Nov 12, 2022
As long as they keep it far away from Lagos and SW no problem

Nobody is getting any chance to unleash the Endsars Mayhem and Carnage on Lagos again
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by christistruth01: 10:03pm On Nov 12, 2022
Tinububalls:
The tribe will till say it's an Igbo protest.
They will start and hide.
Cowards.



Keep it in your Region

Which is already ablaze anyway

If you like Pour more Petrol Onto the Carnage

But we must not hear "Pim" in Lagos or SW

Please could you kindly build enough IDP Camps for your Region so your lovely People don't have to keep flooding into other Regions

The Petrol Shortage is Global
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by Ken4Christ: 10:06pm On Nov 12, 2022
grandstar:
He is uninformed.

If NNPC was to follow best practices in the oil industry, the price of petrol would be sold at a deregulated price, probably hovering around N700.

The primary problem is the petrol subsidy. It's presently too high and Meole Kyari has been crying out, with the president being unresponsive.

At the very least, the government should increase the price to N450 per litrw. This would reduce the level of the subsidy and reduce pressure on the foreign reserves. It might also lead to some much needed appreciation of the Naira.

I suspect the president might want to keep the price the same, lest any increase in price leads to discontent, sending a large swathe of the electorate into the opposition arms

If out refineries were working, the price won't be that high. The question is, why is the FG reluctant to fix our refineries?

Any incoming party or president that does not make it a priority will still fail. We should put pressure on the government to answer the question of why our refineries are still down.
Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by grandstar(m): 10:28pm On Nov 12, 2022
Emu4life:
Na so una go dey blow grammar. When Buhari increased pump price from #87 to #147, was it not subsidy he claimed to have removed?? What of from #147-#200 plus? How many times will they remove subsidy? With this antics, even if we are buying fuel for #2300 per litre, they will still claim we are in a subsidy regime.
Buhari told us after pump price increase from 87-146 that the subsidy money will be used to fix our refineries so we no longer depend on importation of petroleum product. How many refinery has this Government fixed?? Where is the Money?
I once believed in the removal of fuel subsidy but not any longer. Subsidized fuel is one of the few things the ordinary man enjoys in Nigeria. How do you expect Cyber cafe operators, Barbers, Okada riders and others to cope with fuel at #700?? Have we not suffered enough?
If the Government wants to fix the refinery let them fix it but they can't keep compounding to the sufferings of the ordinary citizen in the name of recurrent subsidy removal.

Let me make this as simple as possible

Let's suppose in 2016 when they increased the price to N147 and said there was no more subsidy, $1= N147. Now that the official exchange rate is 440, for there to be no subsidy, the price will have to be around N440.

Therefore, the existence or non existence of a subsidy is dependent on two primary variables which are the exchange rate and the international price of crude oil, petrol, diesel at a specific point in time.

Most often, when governments have claimed there are no subsidies, it's when the price of crude oil is very low.

For instance, in 2012 when GEJ government deregulated the price of petrol and not just end the petrol subsidy, the price hit N147 per liter. At this time, oil was trading at over $100/barrel. Due to the nationwide protests, the price was reduced to N97. The exchange rate at this time was around $1- N155

However by 2015, the international price of crude oil had dropped to $35/barrel, and exchange rate was around 200. The government dropped the price from N97 to N87. At 87, no subsidy existed.

Deep educations about this is vital and not just focus on emotions as most people do.

Yes, fuel subsidy does provide benefits but the disadvantages far outweigh the advantages

The biggest disadvantage is that it discourages investment in petroleum refining. The price must be fully deregulated and not just the subsidy ended.

A subsidised price chases investors away from
investing. No foreign bank will lend you $2bn to set up a 100,000 bpd refinery without the price deregulated. Your income is far from guaranteed.

Look at what deregulated pricing did for the telecoms sector. In 2001, GSM licences were issued to MTN, Econet and MTEL. They were free to set their prices. Mtn and Econet both privately owned set their prices at 50/minute.
MTEL which is governed chose to bill at the populist price of N22 per minute.

Mtn and Econet invested massively while MTEL soon vanished from the scene. Globacom came in 2003 and introduced per second billing while Etisalat now 9jamobile came in last

The economy has been transformed due to the huge investments made by these playwrs. From only 400,000 phone lines in 2001,there are now over 100m.

Now, just think what would have happened if the price of petroleum products were deregulated. I'm sure by now Nigeria would be refining nothing less than 1.5m barrel per day. . I won't be surprised if it hits 2m bpd

Dangote refinery alone will employ 8,000 engineers. We have not included other high skilled graduates from other fields. Refining 2m bpd would mean about 32,000 engimeering jobs would be created.

We are yet to discuss the multiplier effects. I'm sure Adenuga, Otedola, Ondo and many others would have built refineries . Nigeria would have become the refining hub of Africa,if not the energy hub

Investments would have also flowed into fertiliser and petrochemicals.

2 Likes

Re: Youths Plan Nationwide Protest Over Rising Fuel Prices, Scarcity by grandstar(m): 10:38pm On Nov 12, 2022
Ken4Christ:


If out refineries were working, the price won't be that high. The question is, why is the FG reluctant to fix our refineries?

Any incoming party or president that does not make it a priority will still fail. We should put pressure on the government to answer the question of why our refineries are still down.

The benefits of local sourcing is so small

It might only reduce the price minimally, perhaps no more than 10%, that it's not worth

The only real saving is in transport cost which isn't much

There would even be periods when importing would be cheaper but local producers would discourage its importation.

Let's say Dangote buys crude oil at $100 per barrel to refine it. By the time he refines it, the price of crude oil has dropped to $35 per barrel, do you think he will sell at a loss? Meanwhile refineriez overseas, they would be compelled to sell at a loss. A protected market means that Dangote will keep the price high until he disposes his stock.

(1) (2) (3) (4) (Reply)

Buhari Plans To Arrest Me – Uwazuruike / FG Moves To Avert Labour Strike, Summons State Govs / Femi Fani-kayode Shares Photos Of His Triplets To Mark Father's Day

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 70
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.