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Nairaland Forum / Nairaland / General / Politics / HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 (21390 Views)
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Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Nobody: 11:47pm On Jan 08, 2022 |
Sunday2021: Is being daft your hobby? |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by NOETHNICITY(m): 11:54pm On Jan 08, 2022 |
Curious346:Well, the administration of obj was like hell for me The guy was a disaster Religion has blinded you to the atrocities of ur christian leaders I've no time for bigot like you |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by nnamdi640: 11:57pm On Jan 08, 2022 |
Ovamboland:Just park one side, whether you like it or not, Buhari is a failure and stop defending a failed government. Buhari has done a lot of harm to this country than good. His stupid policies lead us into hardship. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Curious346: 11:58pm On Jan 08, 2022 |
NOETHNICITY:thank you. Drop your nunber let me credit you N100 |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by ken6488(m): 12:15am On Jan 09, 2022 |
Ovamboland:Let me see where this your defending of bad governance will lead u to |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by calcal: 12:20am On Jan 09, 2022 |
For the same reason, the president of Kazakhstan is killing his own people with live bullets. Guys take it easy, manage it like that, nowhere is easy. Bubu is a good Oldman. just follow his advice not to elect another old man, you all will be fine. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Osilama1: 12:35am On Jan 09, 2022 |
DubaiLandLord:in we Free market economy huriwa and anyone reasoning such is very foolish... Na buhari de fix prices of products? |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Osilama1: 12:37am On Jan 09, 2022 |
Deltafirstson:tell Jonathan to contest again since you guys are so obsessed with him leaving power... |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Bigchristo: 2:16am On Jan 09, 2022 |
another1:The BMC will bury their face in shame because they’re equally buying gas at expensive prices to cook food that will give them strength and energy to defend the same person who inflated gas price, that’s the peak of stupidity 1 Like 1 Share |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by deepwater(f): 3:10am On Jan 09, 2022 |
helinues: Can you specifically mention why the increase in gas price in Nigeria? I challenge you to debate me on this right here on this thread. If you chicken out, I will take it that you have commented on an issue you have zero knowledge about. Term of Reference: we would be discussing production, storage, transportation, parcel volume trajectory at off take and delivery as well as economic index variables specifically related to DLPG in Nigeria et al. In short, the scope of the discuss should be as wide as your entire knowledge on gas at local and global instance. Please don't make me believe you actually opened you mouth gbau (whatever that means) ab initio Caveat: This water is way too deep for you! |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by deepwater(f): 3:15am On Jan 09, 2022 |
Godnevafail: ^^^ Don't stress I have challenged him to a debate up there I await his feedback and sincerely hope he doesn't run with his balls stuck in between both legs |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by mfm04622: 4:47am On Jan 09, 2022 |
Tpharell: Why are you calling on govt to do something when the market is deregulated? Deregulated mean govt is NOT involved! Market forces is left to determine price and quantity supplied to the market. For VAT on gas, it was even removed! For exchange rate adjustment, so Naira should be manipulated just because has is going up? We are in this mess today because of the way we manipulated Naira in the past! If CBN manipulates Naira too much, there would be scarcity of foreign currency! CBN is working very hard to ensure we get enough foreign currency to meet demand for them already and they should jeopardize their work because of gas price? 1 Like |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by mfm04622: 4:59am On Jan 09, 2022 |
eduj: No!!! Nigeria should be regarded as a gas producing country and not an oil producing country. We have lots more gas than oil. And even the oil we have is associated with gas, which led to gas flaring since exploration then was interested in oil only. If any company want to produce gas, we have lots of it. Now, there is a something perculiar in the gas market. Gas are not stored after production due to the volume. What this mean is that BEFORE you produce a single cube of gas, you must already have a buyer! Gas is not a product you produce and them take to market. You must have signed a contract for buying/selling the gas BEFORE you start producing. Nigeria presently have 6 or 7 trains producing gas, final investment decision was recently taken on another. However, most of the gas we produce are exported to other countries! So the fact we produce only 40% of what we consume doesn't mean we only produce 40%. It only mean we can deploy 40% to Nigerian market. Yes, stopping has flaring will help. However, what is the guarantee the gas saved from flaring will end up in the domestic market? Why shouldn't Nigerians pay VAT on gas? Even during this high gas prices, the VAT was suspended. Is there anywhere in the world VAT is not paid on gas? |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Ovamboland(m): 6:47am On Jan 09, 2022 |
Bigchristo: Did we not buy cooking gas as high as 5000 for 12.5kg whenever it gets scarce under PDP when naira value was far stronger. In today currency value that's over 12k |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Nobody: 7:22am On Jan 09, 2022 |
Osilama1:You're dull, people holding GMB responsible for the terrible security situation in Nigeria must be foolish according to you cause GMB is not a military personnel. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Nobody: 8:00am On Jan 09, 2022 |
mfm04622: bro, don't know where you got your info, but natural gas can be stored indefinitely inside underground depleted gas reservoirs. it can also be converted into liquid (compressing to high pressure) and stored,trucked or shipped .. and by the way, what do you mean by were a gas producing country not an oil producing country ? don't we produce oil ? does having more gas make us to stop being an oil producing country ? which kind logic be this one you based most of your assumptions on the NlNG plant in Nigeria. The agreement with the federal government is that most of its output will Carter for the foreign market. But shell has its own private gas facilities that supply gas to industries in aba,Lagos,ogun and rivers and many more oil companies could have the same if the federal government strictly enforced a no flaring policy, but as usual all the government of the day is after is there individual pockets and not the welfare of the masses Am not here to drag the legality of imposing vat on gas, I only pointed out the fact that the imposition of vat lead to an increase in gas prices.So hence,the government can't claim to be innocent of the prodigious increase in gas price. Go to any cooking gas loading bay and check out the taxes both the loading bay and the trucks that will convey them have to pay and the picture becomes clearer. You can stand up for the government if you like,but it doesn't remove from the fact that the high cost of most mass commodities isn't only as a result the dollar increase,but as a result of having the highest port charges in west Africa along with corruption. if you have anyone in the US, try send him money to get you an iphone X and then compare it with the retail price in Nigeria. 1 Like |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Nobody: 8:16am On Jan 09, 2022 |
Ovamboland: your talk is now about patriotism. yes a lot of Nigerians aren't patriotic and why is that ? look at the present government of the day , his derogatory speeches to a particular region/people, his derisive statements about the youths of the country, his blindness to the ethnic cleansi.. being enforced by the herdsmen. Consider the politics at play in Nigeria where is ethnic group before country. yes indians might receive lower wages in there nation, but that doesn't stop our military men converted into bodyguards for them when the get to Nigeria. What is it to make one actually proud of being. a Nigerian ? Granted this country has all it needs to be great but it's handicapped by inept leadership fueled by chronic tribalism |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Bigchristo: 8:22am On Jan 09, 2022 |
Ovamboland:You be mumu, what makes the naira weaker? |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by jaytee01(m): 8:59am On Jan 09, 2022 |
RichDad1:You are the idiot! |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Misterone: 10:31am On Jan 09, 2022 |
Fourwinds:and the sense you don't have is that the government does not produce the gas. we only issue IOCs and other oil and gas companies licences through NNPC to explore, mine and produce this gas. they sell it to us at global price. so do you want the government to buy it from the companies at global price then sell it to us at your price? that's called subsidy. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by COMPAQ(m): 11:22am On Jan 09, 2022 |
Deltafirstson: Which nonsense celebrated all over the world. Abeg Park well! Jonathan and his PDP were just as incompetent and corrupt as Buhari and his APC. The reality is that government has little to do directly with gas prices. As anyone who reads international news will know Europe has a huge gas crisis for most of 2021 and gas prices spiked in Europe significantly. Since a good portion of our LPG is imported, coupled with deregulation it compounded the price locally. Once winter in Europe passes, the gas prices will trend downwards and that is what you are beginning to see in the price now. I know times are hard and the high cost of LPG is biting the pocket, but that should not stop us from proper understanding of the dynamics of pricing and making educated and reasoned comments here. 2 Likes |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by COMPAQ(m): 11:34am On Jan 09, 2022 |
Tpharell: Dude there is a difference between LPG and LNG, however subtle. We export LNG but not LPG. NLNG plant in Bonny produces some LPG, but insufficient for local demand. The rest is imported. And that imported bit is what has been affected by sharp increase in has prices in 2021. NLNG company in Bonny was never set up to produce LPG. No matter the volume of gas that passes through NLNG, if they never had the capacity for LPG, then so be it. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by COMPAQ(m): 11:44am On Jan 09, 2022 |
Layi4real: Dude in July 2020 petrol in Houston US was $1.55per gallon. Then crude prices had fallen to about $20. In late 2021 it went as high as $3.05 (97% increase) due to crude prices hitting $80. In Nigeria we went from N145 To N125 ba? Then back up to N164, which is 31%increase. 1 Like |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Tpharell: 12:09pm On Jan 09, 2022 |
COMPAQ:Go through my writeup again and you would see that i did not mention LNG anywhere, so I don't see your point about LNG. And, don't be decieved, if you don't know, LPG cargo has already been exported out of Nigeria this 2022 |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by COMPAQ(m): 12:27pm On Jan 09, 2022 |
Tpharell: |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Tpharell: 2:14pm On Jan 09, 2022 |
Ovamboland:There is no 'manufacturing' of petrol from crude oil (thats what you are saying), but processing (refining) crude into petrol, please! Enough of this! I maintain, there is what government can still do to make the product more affordable in the local market. Government makes laws hence can review the VAT to ease the burden on Nigerians. I see you have nothing to say about the exchange rate adjustments I mentioned by the government which badly impacted on the price of domestic LPG |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Tpharell: 2:32pm On Jan 09, 2022 |
mfm04622:When situations spiral out of control government cannot fold its hands and say that 'it is a deregulated market', thats not how it should play out please. On VAT, it is fully in place for imported LPG this very moment, you must know. Finally, not everyone can be decieved about 'Naira manipulation in the past'. Now that CBN 'no longer manipulates it', is forex readily available, and has foreign reserves grown reasonable more than in the past? Are you saying there is no forex scarcity today or what? I still maintain that government can still do something to make LPG more affordable to Nigerians, if the mean it. Its not totally out of there hands. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Ovamboland(m): 2:46pm On Jan 09, 2022 |
Bigchristo: Suegbe, it's Buhari that makes naira weaker nah |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Ovamboland(m): 2:51pm On Jan 09, 2022 |
Tpharell: Lets stop harping on semantics, that's not the subject of discussion. One thing govt can do is introduce another form of subsidy or withdraw VAT in imported LPG, 7.5% which won't reverse the 200% price increase and will discourage local investment in LPG production. |
Re: HURIWA: Buhari Should Return Cooking Gas Price To How He Met It In 2015 by Ovamboland(m): 2:54pm On Jan 09, 2022 |
Tpharell: Govt cannot create forex if we don't earn it via increased export of goods and services. Or alternatively reduce imports if items we can easily produce at home |
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