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Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal (29778 Views)

Fuel Price: Reject World bank's ₦‎750/Litre Proposal, NLC Warns FG / Again, FG Invites NLC To Another Meeting Today / FG Rejects Governors’ N22,500 Minimum Wage Proposal (2) (3) (4)

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Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Epeegee(m): 8:03am On Aug 14, 2021
jahsharon:
Please accept it you dangerous mannequin hiding inside the Rock. Move price of petrol to 400 UAR Naira. Oloriburuku Oloshi Somebody. This will be the final straw that will break your back. Nonsensical nonsense without ingredients. Ogun go kill una.
no swear again nah,make we just open bible dash them psalm 35
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by COdeGenesis: 8:05am On Aug 14, 2021
NoFucksToGive:

E pain am grin

Second account grin

Get a job bro stop embarrassing yourself online

Second account how na Oga. You are as guilty as the guy you are trying to bash. My problem with you is that you are not the one that bought a phone for the guy, you didn't buy data for him, you don't feed him so what the fcck is your business with what he chooses to do with his phone and data

2 Likes

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by AuroraB(f): 8:07am On Aug 14, 2021
Fabkeyz:
Una dey mad!

Who go pay 400 for fuel? Mtchew rubbish....

Nigerians will. You don't know them. Docile mfs sad

1 Like

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Meedon: 8:08am On Aug 14, 2021
If that happens, na to protest ooo
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by FarahAideed: 8:10am On Aug 14, 2021
Monogamy:
So na the governors that have been demanding for the increase in price fuel?

What's their interest in increasing the fuel price?

So the can have more money to share at the end of the month
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by freemanq(m): 8:11am On Aug 14, 2021
If really our party supports in Nigeria are sincere non will ever come out for party's campaign or primaries not to talk of voting again in this county. Same old stories without any result at the end of 8yrs.my people our nation needs urgent surgery because we can't continue like dis for how long
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Shurtman79(m): 8:11am On Aug 14, 2021
jahsharon:



More money to embezzle before Ogun and Sango finally strike them dead.
so you know that and yet you still insulting the man at the top
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Udumeh: 8:12am On Aug 14, 2021
Governors punish the citizens and roll drums out for campaigns. Nigerians be wise!
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by DJInfluence: 8:14am On Aug 14, 2021
Nigeria is always 15 years late as usual. The rest of the world are slowly moving away from fuelled powered cars, we are still talking hike in price and subsidies crap.
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by KingLaka: 8:16am On Aug 14, 2021
The man is afraid
quote author=jahsharon post=104771777]Please accept it you dangerous mannequin hiding inside the Rock. Move price of petrol to 400 UAR Naira. Oloriburuku Oloshi Somebody. This will be the final straw that will break your back. Nonsensical nonsense without ingredients. Ogun go kill una.[/quote]
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Udumeh: 8:16am On Aug 14, 2021
Let's watch
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Udumeh: 8:16am On Aug 14, 2021
Pompido79:
my anger in all this is that salaries of some people are still not increases, everything is adding price except salaries, even the salaries, they are still owing a lot.

Ok
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Mowii: 8:17am On Aug 14, 2021
house10s:
wen hell break loose, they will run n hide
I swear I go burn down petrol stations!! Before Dem kill us finish Dem sef go suffer
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by tfelicityk(m): 8:19am On Aug 14, 2021
The government should sacrifices their allocation for it so as the FG will bring down the price of fuel to #10/litre
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by tuoky: 8:19am On Aug 14, 2021
... You have the time to count his comment right ? You both need to use time productively.
NoFucksToGive:


This is your 26th comment now. How then do you now do something productive this morning? How then do you become wise when you refuse to use your time to invest in yourself. This is the thing northerners do too, they don't believe in investing in human capital nor do they understand the concept of human development
Hey think Allah develops you by magic .

Bros use your time and read more, talk less , invest in developing yourself

1 Like

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by AK481(m): 8:26am On Aug 14, 2021
Beancounter94:
Eventually, we would have to accept a removal of fuel subsidy. And the increase in prices. Because oil prices have not been as high as we need it to be to fund the subsidy.

And because for refineries to work properly, they need to sell product at a profit. We have been selling fuel at under the cost price of production for decades, and thus the refineries have not been run profitably,meaning they have all run down.

Nigerians have to be realistic. We had a chance to be realistic in 2011, but we decided that cheap fuel prices was worth sacrificing our economic stability, and the development of our petroleum industry for....

Before you abuse me...Niger has a functioning refinery, and they sell fuel at N377. It is because they sell fuel at such a high price that they can afford to keep their refinery working well. Unlike us that import fuel at N260 and above, and sell it at N162, and pay a subsidy that cannot adequately cover for the loss...and we are importing because we kept on selling fuel at a price below its refining cost for decades...meaning no cash for refiniery repairs and new refinereis.
From your calculation ,how much are the FG refineries buying crude from FG ?

1 Like

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Basicend: 8:27am On Aug 14, 2021
This is the last thing that will destroy Buhari and his cohorts.
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by PoTTV: 8:29am On Aug 14, 2021
Beancounter94:
Eventually, we would have to accept a removal of fuel subsidy. And the increase in prices. Because oil prices have not been as high as we need it to be to fund the subsidy.

And because for refineries to work properly, they need to sell product at a profit. We have been selling fuel at under the cost price of production for decades, and thus the refineries have not been run profitably,meaning they have all run down.

Nigerians have to be realistic. We had a chance to be realistic in 2011, but we decided that cheap fuel prices was worth sacrificing our economic stability, and the development of our petroleum industry for....

Before you abuse me...Niger has a functioning refinery, and they sell fuel at N377. It is because they sell fuel at such a high price that they can afford to keep their refinery working well. Unlike us that import fuel at N260 and above, and sell it at N162, and pay a subsidy that cannot adequately cover for the loss...and we are importing because we kept on selling fuel at a price below its refining cost for decades...meaning no cash for refiniery repairs and new refinereis.
Nigerian's default settings is to rubbish whatever chance we get to move up the economic ladder by uttering myopic views and joining the bandwagon of spewing insults at the leadership. It's a fact we have terrible leaders but they cant always want the worst for Nigerians 100% of the time and they failed to realise it earlier on when they could manage the brunt of the subsidy removal.
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by realray(m): 8:32am On Aug 14, 2021
honestly this people are heartless and wicked, after all the sufferings, may God have mercy on u people, how can you increase fuel price to 380 per litre well try and see because this will be the final straw on we the Masses and this time around no be protest again it be FG and the masses even the army will be powerless and amor tanks won't save you people infact it will be the final undoing of this zoo called Nigeria...... Useless bunch of leaders
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Yusufisraelj(m): 8:44am On Aug 14, 2021
house10s:
wen hell break loose, they will run n hide


Absolutely, leaving the federal government to suffer the damages that'll be created from the riots.
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by frowland(m): 8:44am On Aug 14, 2021
jahsharon:
Please accept it you dangerous mannequin hiding inside the Rock. Move price of petrol to 400 UAR Naira. Oloriburuku Oloshi Somebody. This will be the final straw that will break your back. Nonsensical nonsense without ingredients. Ogun go kill una.

Who is loosing in this current 165/liter? The poor masses are loosing.
The problem with Nigeria is Power. Go to Neighboring countries, pump price of fuel is equivalent of about #500 and nobody there is complaining because they have constant light.

1 Like

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by awa(m): 8:50am On Aug 14, 2021
The landing Cost increased due to global increase in price of Crude Oil globally The wickedness in this country no get part two. You want Toll Gate back and Petrol increased with the roads in very bad states.
This serves us right as more people plan to bring in another Failure due tribe.
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Brushstrokes20: 8:52am On Aug 14, 2021
Pls Make it #1000 per litre.... Useless bunch of self serving baaaastarrrds undecided

Una Cup go soon full grin Awon ole eleribu gbogbo
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Sunnyja: 8:59am On Aug 14, 2021
Canvass:
Something must lead to complete breakdown of laws and order in Nigeria.

Subsidy must be totally removed, not because of any stupid market forces but because Nigeria as a major oil exporting country has no business importing fuel, talkless of subsidizing the importation of fuel. Are we not supposed to refine enough crude oil for local utilization before exporting the remaining crude oil to earn foreign exchange?
The annoying thing is when they keep shouting "smuggling" as if the borders are not manned by those feeding seriously on taxpayers' money!

1 Like

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by adeniyiemmanuel(m): 9:01am On Aug 14, 2021
nairavsdollars:
Why not just approximate it to N500 per litre, very evil minded people??
lol!!!!
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by arantess: 9:04am On Aug 14, 2021
xcesspaschal:
I thought that the right Topic should have been "Governor's reject FG" proposal to sell PMS at #350.....#500.

Don't even know who to trust again
Lol
Ideally that's what it should be oo
Nigeria just taya person
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by orlaglobal234: 9:08am On Aug 14, 2021
Set awon oloriburuku somebody, why not to make it #1000 per litre, like president like governors.


Koni dafunyin
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by palsenator(m): 9:12am On Aug 14, 2021
Canvass:
Something must lead to complete breakdown of laws and order in Nigeria.

Subsidy must be totally removed, not because of any stupid market forces but because Nigeria as a major oil exporting country has no business importing fuel, talkless of subsidizing the importation of fuel. Are we not supposed to refine enough crude oil for local utilization before exporting the remaining crude oil to earn foreign exchange?


You stated the obvious but in an ominous way. Subsidy needs to be removed but the government needs to be genuine by first renovating our refineries.

Once our refineries start working, we won't have to import anything fuel and automatically what happens? The subsidy stops.

They are shameless discussing subsidy when they obviously know what to do. They intentionally refuse to make it work and that's why from one regime to another, they keep spending money in billions on those moribund refineries knowing well that it's just an elephant projects.

2 Likes

Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Indispensable85(m): 9:13am On Aug 14, 2021
Wicked governors.......
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by michoim(m): 9:18am On Aug 14, 2021
Thank God for Federal Government...
Re: Fuel Price: Again, FG Rejects Govs’ N380/Litre Proposal by Ahmad62(m): 9:25am On Aug 14, 2021
God I beg you.. Please send a thunder that will trash these evil governors.. Bunch of old fools!

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