FG Stops Export Of Cooking Gas To Reduce Price - Business (2)

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FG Stops Export Of Cooking Gas To Reduce Price - Business (2) - Nairaland

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Re: FG Stops Export Of Cooking Gas To Reduce Price by inoki247: 2:13pm On Feb 22

Lol

Re: FG Stops Export Of Cooking Gas To Reduce Price by tobenuel(m): 2:14pm On Feb 22

borrow pose govt

Re: FG Stops Export Of Cooking Gas To Reduce Price by Omoawoke: 2:15pm On Feb 22

One problem with Nigeria is the depth of lawlessness

They stop on paper, but that’s when some will just start exactly what has been banned. When a law is passed in Nigeria, it becomes a new window for new set of Nigerians to start exactly what was banned to cash out

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by HarunaWest(m): 2:15pm On Feb 22

danchuzzy:
How does this help us?

You stop export to reduce price and then stop foreign exchange from coming in? Short term win long term loss?

Or what am I missing?

You export when you have fully satisfied domestic consumption. You export excess. In Nigeria, reverse is the case. The LPG gas we produce isnt enough to satisfy our demands and we are exporting thereby creating scarcity and orice inflation.
LPG production is a ceitical sector that if ome invests, you will reap bountifully. The potential isnt fully harnessed in this country.

2 Likes

Re: FG Stops Export Of Cooking Gas To Reduce Price by Artscollection: 2:17pm On Feb 22

We4all:
Oh! So we are exporters of cooking gas?

For where!!! Make them leave propaganda focus on the issue at hand in as much as they don't care.

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by Mccullum: 2:18pm On Feb 22

Hoping for it to work..

If it's not monitor, it may look as if government is deceiving people.

Monitoring is the for the success of it.

Re: FG Stops Export Of Cooking Gas To Reduce Price by Paraman: 2:18pm On Feb 22

VillageBus:
Instead of increasing production.
The forex wey we no get enough Dem wan reduce the inflow.

This is just a short term solution, on the long run, there will be an increase in production

Re: FG Stops Export Of Cooking Gas To Reduce Price by Tap0lane: 2:18pm On Feb 22

Wailer in chief i hail O

MajorOvakporaye:
Propaganda in action. Nothing good can come out of the administration of a useless drug criminal with a fake accounting certificate.

2 Likes

Re: FG Stops Export Of Cooking Gas To Reduce Price by Chicagograduate(m): 2:18pm On Feb 22

danchuzzy:
How does this help us?

You stop export to reduce price and then stop foreign exchange from coming in? Short term win long term loss?

Or what am I missing?

When did Nigeria start exporting gas?

Re: FG Stops Export Of Cooking Gas To Reduce Price by Brushstrokes20: 2:18pm On Feb 22

Till the price crashes, its usual bullocks!😂😂😀😆🤣😅
# all motion, NO MOVEMENT govt of self serving THIEVES AND BLOODTHIRSTY TERRORISTS! 💯💯

Re: FG Stops Export Of Cooking Gas To Reduce Price by Lifemanage: 2:18pm On Feb 22

politicoNG:

https://thenationonlineng.net/just-in-fg-stops-export-of-cooking-gas-to-reduce-price/amp/

Until I see results, this government is more of propaganda than action. I think it is better than Buhari in always been able to address issues and make comments to make us happy as citizens just that for now no results which is sad

Re: FG Stops Export Of Cooking Gas To Reduce Price by RepoMan007: 2:19pm On Feb 22

Are they planning to reduce the price per kg they sell to marketers? That's the only way they can bring about a reasonable price crash.

Re: FG Stops Export Of Cooking Gas To Reduce Price by Obinoscopy(m): 2:19pm On Feb 22

This will further decrease the little dollar we have further compounding the exchange rate crisis. Why not increase production so we can have some for local consumption?

Re: FG Stops Export Of Cooking Gas To Reduce Price by adumaradann(m): 2:20pm On Feb 22

better, this government nawa ooooo

Re: FG Stops Export Of Cooking Gas To Reduce Price by emerged01(m): 2:20pm On Feb 22

Something is wrong somewhere,if this kind of action what will bring down the price of gas,then we should equally stop exporting crude oil. We want naira to grow and we are stopping exportation?

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by Uche559(m): 2:20pm On Feb 22

Stop crude exportation too so that fuel will come down........ Confused people. First class graduate my ass.

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by Honestey: 2:21pm On Feb 22

If that's true we will find out soon

Re: FG Stops Export Of Cooking Gas To Reduce Price by Johnjustice: 2:21pm On Feb 22

Very good policies, economic policies should be for the good of the people.

In UK or America, prices of basic things stay the same for years, because the government is working behind the scenes to make it happen, they have good public health financed by government, they have quality public transportation, they have good security, water etc...all these things are either done through subsidies, government partnership, government policy, welfare packages, public social services and infrastructure etc...hence it is wrong for IMF to ignore all these subsidies enjoyed by Americans and Brits and come to Nigerian government, and ask FG to remove all subsidies for the people.

Government is there because of the people, a nation is not a company, a nation is there to use public wealth, policy, and revenue to cater for the people, protect the people, provide public services, welfare services etc. It's all about the people, not the private companies, not IMF or the FG, governors etc.

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by Empredboy(m): 2:21pm On Feb 22

Shabi they said we should be exporting? Those who don't understand the forces of demand and supply. Who will export and earn foreign currency and still want to sell to local market? You people never know una problem

Re: FG Stops Export Of Cooking Gas To Reduce Price by Zimzy(m): 2:22pm On Feb 22

Story Story!

Re: FG Stops Export Of Cooking Gas To Reduce Price by omenka1: 2:22pm On Feb 22

Samtino:
First to comment and first time to also comment

In your dream? U think say to hustle FTC na child's play?
Another sharp guy don snatch am from u, so wake up from ur sleep

Re: FG Stops Export Of Cooking Gas To Reduce Price by HopeGying: 2:23pm On Feb 22

That's the unfortunate state we've found ourselves.

Angelfrost:
Why contest and fight to become President when you have neither clue nor blueprint?!!

Why, for fvck sake?!

Nigeria is far too gone and old for power hungry idiots to be experimenting with just for the fun of it.

After the trial and error of Buhari which spanned 8 years, how can anyone come into that office and continue the same trial and error process?!!

That's diabolically stupid!

Most Nigerian politicians have no conscience, and most citizens have been rendered imbecilic by religion and ethnicity.

What a Catastrophe!!!

Re: FG Stops Export Of Cooking Gas To Reduce Price by michlins(m): 2:23pm On Feb 22

How do we raise the much needed when we stop the few exports

Re: FG Stops Export Of Cooking Gas To Reduce Price by Bimpe29: 2:24pm On Feb 22

It's better if that's religiously done.

Re: FG Stops Export Of Cooking Gas To Reduce Price by Winning123: 2:25pm On Feb 22

MajorOvakporaye:
Propaganda in action. Nothing good can come out of the administration of a useless drug criminal with a fake accounting certificate.

This one be in sefere pain! Hope President Tinubu would not give you and fellow tribes men hypertension! He still has 3 years and 3 months by God's grace.

2 Likes

Re: FG Stops Export Of Cooking Gas To Reduce Price by jamafa: 2:25pm On Feb 22

MajorOvakporaye:
Propaganda in action. Nothing good can come out of the administration of a useless drug criminal with a fake accounting certificate.

Children of hate has started, anyways maybe you have another country.

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by Omenlon: 2:25pm On Feb 22

MajorOvakporaye:
Propaganda in action. Nothing good can come out of the administration of a useless drug criminal with a fake accounting certificate.

I know this is not the type of news you want to hear, but government should do more of actions than talking. We should see the reflection on ground rather sermonising it.

1 Like

Re: FG Stops Export Of Cooking Gas To Reduce Price by INTEGRITYA1(m): 2:26pm On Feb 22

Okay

Re: FG Stops Export Of Cooking Gas To Reduce Price by heniford2: 2:26pm On Feb 22

Propaganda again again and again! Damn it

Re: FG Stops Export Of Cooking Gas To Reduce Price by Deebami: 2:27pm On Feb 22

I hope someone can answer this question: why flaring gas, why the waste?

Re: FG Stops Export Of Cooking Gas To Reduce Price by khreus(m): 2:29pm On Feb 22

VillageBus:
Instead of increasing production.
The forex wey we no get enough Dem wan reduce the inflow.

Is it even logical to export while local population is yet to have enough...on Forex, let the people have abundance first.

Re: FG Stops Export Of Cooking Gas To Reduce Price by Luchyke: 2:30pm On Feb 22

Welcome development if it's not audio

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