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Nairaland Forum / Nairaland / General / Politics / Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari (29954 Views)
Fuel Will Continue To Sell For N145 Per Litre-NNPC / Nigeria Is The 6th Cheapest Place To Buy Petrol In The World / Under-recovery: Fuel Subsidy Drops To N20 Per Litre — NNPC (2) (3) (4)
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Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Gentlerespect76: 7:30am On Jul 01, 2021 |
Man of destruction, why would Nigerians not buy a litre of fuel at #350? You know you people are there to enrich yourselves. Your heads are too empty to proved any solution. Idiots!!! |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Tyche(m): 7:30am On Jul 01, 2021 |
NNPC core responsibility has shifted from refining crude oil to calculating subsidy. Odiegwu |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by VaselineCrew: 7:30am On Jul 01, 2021 |
uuzba: lol, that's why I said when they become prevalent. also, no matter what, charging an electric vehicle will always be cheaper than fueling a petrol car plus, you could always charge with solar power, even if it's at a slow rate over a weekend with solar power. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by brownemmanuel43(m): 7:32am On Jul 01, 2021 |
gambia:My brother I am so happy the way things are unfolding, nigerians deserves what they are getting from pa Buhari. UP BUHARI TILL INFINITO |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by OnlyDeCapPlease(m): 7:34am On Jul 01, 2021 |
valentineuwakwe: I think that the FG has clocked a long time ago that the Nigerian public is stupid and only obsessed with ethnic rivalry and visibility. On a one to one basis, Nigerians are smart. As a group, Nigerians are the most petty stupid gullible lilly livered people you will ever come across. The statement from the NNPC boss is wrong https://www.racfoundation.org/data/uk-pump-prices-over-time 2 Likes
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Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Nobody: 7:37am On Jul 01, 2021 |
Kind of humorous reading Nigerians abusing and crying over removal of subsidy First, subsidy is why we don't have functional refineries. The price control inherent in subsidy means that no one is going to invest in refineries because you would be selling fuel at a loss. Plus NNPC wastes its money on subsidizing fuel instead of maintaining and building its refineries. But tell Nigerians the truth, they won't listen. We have been on this subsidy removal issue since 1993, when back then we were told to remove it, and we were calling those who advised us IMF slaves. Well, by 1994, NNPC started missing TAM on its refinereis, by 2011, our refinereis were operating at less than 10% capacity...as a result. Nigerians love cheap fuel too much. Well, the cheap fuel is affecting us badly and driving us into debt. We are spending money we could have used for sensible things on the subsidy monster. Meanwhile, Niger that we are importing fuel from has a functioning refinerey, because they sell fuel at N377 there...and thus the profit made is enough to fund their single refinery, and enable them to export to many African countries. We better give up our addiction to cheap fuel. 1 Like |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by do4luv14(m): 7:37am On Jul 01, 2021 |
Elsueno: You think this is about subsidy Its not Did Gej not remove subsidy, yet fuel was still cheap at #91-#100 per litre, If you check well, you will see that price should reflect demands, when price in international market was low, we still pay high, now the price had when up, shouldn't pump price came down? They are busy saying other countries, OK Dubia for example, what are their minimum wages to pump price Find out, e. Go shock you say dis Apc govt nah correct thief 3 Likes |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by ogelekpomgam(m): 7:39am On Jul 01, 2021 |
Where are the God bless Nigeria and Buhari crew?..They should be offered to the wild animals in Sambisa Forest as a living sacrifice. 1 Like |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Sunnyja: 7:41am On Jul 01, 2021 |
VaselineCrew:The electricity to power the cars will come from Mars?! |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by obi58: 7:42am On Jul 01, 2021 |
osuofia2: You are a compound fool. Why has the government been unable to renovate even one of the refineries in the last 6 years? With all the money government is borrowing, why can't government borrow to build even 1 refinery? |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by comradenuru4u(m): 7:42am On Jul 01, 2021 |
No comments. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Adabestseason(m): 7:47am On Jul 01, 2021 |
[Mr Managing director how many of your children are in public schools in this country,how much do you earn in a month make it public and i do not know whether you have understood what oil exploration and exploitation had done to oil-bearing communities ,how many square meals do eat in a day,have you ever trekked over 5km in your life before,do you know that there are nigerians that are more intelligent and could manage the corrupt corporation better than you do,national refineries are not working but NNPC spent huge amount to servicing non-working refineries ,nobody is talking about it everyday news is fuel pump price.If you and directors can resign today,nigerians will buy petrol at #256.00. [/i] |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Sunnyja: 7:48am On Jul 01, 2021 |
Beancounter93:Which subsidy are you talking about now? The one they claimed that it didn't exist when they were in opposition or the one they claimed that they have removed since 2016 or another one. Even Buhari was said to have alledged that any one who claims to be paying subsidy as far back as 2015 such person is a fraudster. Please educate us. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Nobody: 7:48am On Jul 01, 2021 |
do4luv14: Slight correction...GEJ partially remoived subsidy, which manifested as a rise in fuel price from N65 to N97 in 2012, and later restored it partially which manifested as a reduction from N97 to N87 in 2015(Originally, GEJ wanted to raise prices to N140 IN 2012 FROM N65) The problem was that in 2012, the landing cost of fuel was N99...and it rose to N132 in 2015..thus the amount we were paying in subsidy also rose. All in all, we spent about N6 trillion or more naira between 2010-16 to maintain the subsidy at those prices. and EVEN then, outside Lagos and Abuja, prices were as high as N185 in some places (As an example, in 2014, I bought fuel at N121 in Kaduna, N185 in Zaria, and in 2015, I bought fuel at N130 on the outskirts of Abuja. By 2013, fuel was high as N200 in some places even. A relative bought fuel at N170 somewhere else even. Only NNPC and some of the big marketers then had fuel at N97 and they did not have fuel most of the time, except NNPC...and there were LONG QUEUES then) Buhari raised prices from N87 to N145 because the subsidy was becoming difficult to maintain at a landing cost of N132. He eventually made NNPC the sole subsidsier of fuel as well as the sole importer in 2016...which in practice has meant NNPC is operating at a loss..and even now can no longer remit money |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by chatinent: 7:49am On Jul 01, 2021 |
gambia: The rich don't mind. It's we the poor who it'll affect. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by ArcSEMPECJ(m): 7:50am On Jul 01, 2021 |
Coming from a man who doesn't know how many liters of fuel his cars consume in a day, even the cars his boys use to do domestic chores...... Let's see how HAUSA government with Quoata system thinking syndrome will favour Nigerians Still on .... CJKATAS KONSULTS LTD .... We still deliver to our clients contemporary homes designs , construction and landscape works Consult us today for a better tommorow Check my signature for details |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by socialmediaman: 7:51am On Jul 01, 2021 |
Seniorwriter: You mean, young visionary like Kogi governor? he has a vision to be president |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by tolexy007(m): 7:52am On Jul 01, 2021 |
VaselineCrew: keep deceiving ur self, those bunch of wicked souls will increase the electricity tarrif |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Nobody: 7:53am On Jul 01, 2021 |
Sunnyja: N.B I am not a Buhari supporter, or a PDP supporter. Just FYI 1.There has always been a subsidy 2.Buhari saying 'there is no subsidy' was his way of showing his campaign chops. 3.In 2015...FUEL was at N87, while landing cost was at N132....meaning a subsidy of at least N45 was being paid on each liter of fuel...up from 2012 when fuel was at N97, while landing cost was at N99....SUBSIDY OF N2. 4.That's when Bubu raised prices to N145...eliminating the subsidy....until landing cost rose to N150 and above. Subsidy came back 5.Every government has done what Bubu has done. GEJ raised prices from N65 to N140 when landing costs were N99...and that led to protests which led to him reducing it to N97 and then to N87 3 YEARS later. That's the simple explanation. As for me...I supported subsidy removal since 2012. ITis a drain on our limited resources, and drives us into debt. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by ArcSEMPECJ(m): 7:56am On Jul 01, 2021 |
Beancounter93: Well, we are following the campaign promises of APC Buhari Government and not GEJ campaign promises..... You can't sell lies to a blind man and think without his sight , he won't notice their is power failure.... Sorry to remind you,.....the price of Fuel now is now #167 and not #145 Sai Baba....we are moving to the promise land |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by nadisman(m): 7:57am On Jul 01, 2021 |
Foolish old fool way nogo go die |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by R0LL0N(m): 7:57am On Jul 01, 2021 |
Emmyreal4:If thunder fire left yansh, how would he sit with the right yansh. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by rayvelez(m): 8:03am On Jul 01, 2021 |
As long as me and zombies here buy it at the same price is okay with me. God bless ur darling daddy we will soon get to 400 per litre. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Nobody: 8:04am On Jul 01, 2021 |
ArcSEMPECJ: Well, I am no APC supporter, and Buhari in his comments before the 2015 election showed that he had no understanding of a subsidy and how it worked. So go take your complaints to the resident APC supporters on this site. Besides if subsidies go completely, after an initial price increase, prices will fall due to icnreased investment=increased production=increased market competition=fall in prices. And we would be exporting fuel..and saving money |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by Sheqzmann(m): 8:04am On Jul 01, 2021 |
As he announced the high price in fuel they will soon announced his death too sheybi the first kyari don die na him be next target |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by 377: 8:05am On Jul 01, 2021 |
Please can someone port me out of Nigeria. No job, no electricity, no food still they are planning to make fuel 200+ hmmm God please do the needfull we beg you |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by eeithis(m): 8:06am On Jul 01, 2021 |
If no be say God na God I for say may God punish God for bringing me into this country but since God na God make I leave everything to God
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Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by TheFearless(f): 8:06am On Jul 01, 2021 |
Sometimes our leaders make it look as being a Nigerian is a crime! |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by CSTRR: 8:06am On Jul 01, 2021 |
In 2023, please vote for APC. |
Re: Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari by skyman200(m): 8:07am On Jul 01, 2021 |
It means that the cost of everything both foodstuffs and electricity will high. |
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