₦airaland Forum

xcelsia:
Awwww obim, this is sweet, my Enya

barcanista:
Bros you still don't understand. This thing affects us in both ways. While it reduces our revenue, it also reduces what we spend on importation. As for revenue, the government put the benchmark of petrol at $75 per litre. However, it definitely affects our petrol import and Sir, it is funny how you don't see this.

As for the thread, your excuse is unacceptable!! This thread is supposed to be in Politics not. Foreign AffÀirs

pendy79:
Sorry I don't read idiotic posts, I asked a simple question, what made this thread eligible for transfer to the foreign affairs section? If you can't provide an answer then leave it. Ive since moved on. Educate yourself you need it more than I do. I gat little time for rubbish

barcanista:
bros before I engage you, can you tell why the thread is in Foreign Affairs and not politics? This is unacceptable bros. Pendy79 or someone once made this prediction and now it has been justified

pendy79:
Can't really comprehend the incoherent write up.you.put up here. "The price of crude oil in the international market won't affect the price of petrol in Nigeria"

How did you become a MOD on this forum if this is the way you reason? The imported petrol is refined from your pee or what? Are the importers buying at the rate they were few months ago.

If you lack comprehension about something why not just keep quiet rather than show ignorance. How can somebody in this modern age say crude oil price on the international market cannot determine the price of petrol in Nigeria. Is Nigeria on a planet on its own?

Seun what is your criteria for selecting people as MOD

barcanista:
bros This is a very simple economics. Let me explain..

If Crude Oil price is on the high side, the importers pay more due to the cost of production that have effect on the refined product. Oil Merchants are not charities, hence will want to recover cost and make profit. The government spend more on subsidy.

When the Crude oil price is on the low side, cost of production reduces, cost of refined product falls, importers pay less than what they used to and less the government spend on subsidy.

With the drop of global oil price, it is natural that the price of pump price of petrol fall in Nigeria is government is to maintain what it appropriated for subsidy or the government review what it spend on subsidy to reflect on current bills and use the leftovers to tackle capital project.


@ pendy79 thanks for the mention.

pendy79:
Hold your breathe though the price drop is in the STATES and not Naija. Why do we still have pump price of petrol at N97 per litre if crude is going at the lowest in 4years.

Importers are getting at reduced prices hence the differential should be felt by the populace.
Where is the Labour Congress, civil society groups, Human rights activists something isn't right in Nigeria. Across Europe and America fuel prices are dropping yet it is stagnant and remained same price when crude was going for $145/barrel now it is $74/barrel why are nigerians still paying same rate.

Government should tell us where the subsidy claim budget will be used for since crude price differential is now consumed by the current prices.

Where are the opposition in Nigeria? Crude prices are down, cost of buying the product is down too so why are Nigerians still paying N97. Nigerians were made to pay more when crude prices when up, now it is down to its lowest in years then the price of petrol should drop.

MODs seun ngwakwe obinoscopy mynd44 help move this thread so awareness can get to Nigerians to demand a cut in price for pump price of petrol and diesel.

xcelsia:
Yeah zikkie, candy and hephzi, we stand with you.

omenka:
Ps: Have been rather laid back after return from my ban. Since Seun deems it inappropriate for anyone to have a contrary opinion from his, I imagine how irrelevant it is staying active on this forum.

barcanista:
it is surprising how you Jonathanians and TAN warlords concern yourself with Muhammadu Buhari's candidacy more than that of Jonathan. The same Ngige that you rejected in Anambra? The same Fashola that you accuse of looting Lagos or the same Oshiomole that you murder? It is very evident that the PDP and her apologist like you is bent on not seeing GMB on the ballot next year. Let me assure you that a President Buhari will takeover affairs of the State Next May.

xcelsia:
You're welcome, you're humble and you have a good heart. My sweetheart and I will support you throughout this competition

MizMyColi:



CC: Teeo

My group 1 vote(s)

3. Chibwike

xcelsia:
Hahahahahahaha omg nairaland will not kill me I swear!!!!!! You asked us to give you ponmo to eat and now you're saying don't eat ponmo, too late we can't stop please lol

WhiteTyre:
The results from recent analysis is as follows:
For a 40g mass of ponmo, there are 0g of carbohydrate, protein, iron, sodium, 4g of total fat.
So, scientifically, the only nutient in ponmo is fat, 'bad' fat, mostly. It will also give you some carcinogenic agents, due to it's mode of preparation.
Therefore, ponmo consumption is only tasty, not nutritious.
Stop eating ponmo. Eaters of ponmo may as well eat shoes.
Next month, God willing, I will be giving you guys further results on the ongoing critical analysis, when it is ready and approved. Thank you all.

Gorgeous58:
And who amongst the aspirants can be classified as a youth?

Limerick:
yes, but if combined with my tma, I'd have 'B'

Olaolufred:
[size=18pt]WAIT TILL THE PRIMARIES ARE COMPLETED.
BOTH MAY NOT BE CANDIDATE AFTERALL.[/size]

Odunharry:
pink tshirtchaii i dislike pink ehn
abt going out on d 2nd saturday,let see how it goes.....i am looking at d 3rd saturday when almost evryone will be free 4m work/school..

Cinema is a nice idea,thinking of d ikeja shopping mall,beach or whispering palm resort at badagry...we need more suggestion pals..

I just hope i am available on that Day