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Nairaland Forum / Nairaland / General / Politics / Rising Petrol Price Hits ₦300 Per Litre (10141 Views)
Cooking Gas Price Hits N1,200 Per Kg And Still Rising / Diesel Price Hits N950/Litre, Manufacturers Fear Shutdowns, Job Losses / Fuel Price Hits N680 Per Litre In Abia (2) (3) (4)
Re: Rising Petrol Price Hits ₦300 Per Litre by codedguy1(m): 9:52am On Jan 20, 2023 |
Curious345: BUHARI is the minister of Petroleum/ President. 2 Likes 1 Share |
Re: Rising Petrol Price Hits ₦300 Per Litre by gfelo(m): 9:53am On Jan 20, 2023 |
for the past 8yrs fuel has nevr been scarce, one of the d credible achievement of PMB, suddenly whn he is abt to leave he stained his record, our elders say the stream wey u dey drink no kill toad inside, APC no dey shame. |
Re: Rising Petrol Price Hits ₦300 Per Litre by bonnyhope: 10:14am On Jan 20, 2023 |
Curious345: Buhari is the minister of petroleum Sylva is a junior minister Hold your president accountable 3 Likes 1 Share |
Re: Rising Petrol Price Hits ₦300 Per Litre by Mozillafire: 10:30am On Jan 20, 2023 |
Immatex:Na today fuel scarcity dey happen 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by Win12345: 10:31am On Jan 20, 2023 |
I have being buying petrol at #300 per liter for the past 1 month. |
Re: Rising Petrol Price Hits ₦300 Per Litre by DrLens1(m): 10:33am On Jan 20, 2023 |
Mjshexy:Absolute truth my dear 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by a4cube: 10:39am On Jan 20, 2023 |
Curious345:Is Sylva your petroleum minister? 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by Liftkid(m): 10:43am On Jan 20, 2023 |
Here we bought a liter for 400 during Christmas and New year, we are still buying 345 Naira per liter |
Re: Rising Petrol Price Hits ₦300 Per Litre by jojothaiv(m): 10:46am On Jan 20, 2023 |
This is no new news, some of us have been buying it at that price for a litre since when.. |
Re: Rising Petrol Price Hits ₦300 Per Litre by CodeTemplar: 10:50am On Jan 20, 2023 |
udyraph:The north has colonized the south. Total colonization. |
Re: Rising Petrol Price Hits ₦300 Per Litre by baralatie(m): 11:03am On Jan 20, 2023 |
nedu666: |
Re: Rising Petrol Price Hits ₦300 Per Litre by Chee59(f): 11:22am On Jan 20, 2023 |
Pretty sure PDAPC are buying for N85/litre 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by 18wheeler: 11:35am On Jan 20, 2023 |
Patrickilogu:Na so. I bought between 300 & 320 steady in Jo’s in December. Only twice I got @ 189/190 from nnpc through out December to now. 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by IbeOkehie: 11:39am On Jan 20, 2023 |
obi58: In 1975 the federal government seized control of universities and schools to promote universal availability and ensure access for all. We know the results after 50 years. Look around at the condition of government owned schools all over Nigeria. Sometime in the 1970s, the federal government seized control of the only refinery in Nigeria which was then owned by a foreign company called BP. Today that refinery is producing ZERO fuel. Added to that, the federal government started paying fuel subsidy in 1973 to ensure affordable prices for the masses. How has that worked out? In 2015 upon assuming office, the first thing President Buhari did was to ban all private importation of petrol. He made NNPC the sole importer to ensure transparency and fight corruption. How has that worked out? Before 1999, all cement factories in Nigeria were owned by government. Nigeria used to have widespread scarcity of cement just like scarcity of petrol today. Around 2005 the government sold off all the cement factories to private investors. Dangote bought Benue Cement, BUA bought CCNN in Sokoto. Unicem bult a factory in Cross River and Lafarge in Adamawa or so. Nigeria even exports cement today. The ONLY unproductive cement factory in Nigeria is Nkalagu cement which is still owned by Ebonyi State because they refused to sell to Ibeto Cement. There's has been no scarcity of cement in Nigeria since round 2009 or so. Government is the problem. Remove government and problems disappear. Insert government and problems will grow. It's a real lesson that we have seen live in the Nigerian economy. I don't know why Nigerians find it hard to understand 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by faceland: 11:40am On Jan 20, 2023 |
Patrickilogu: Petrol station is selling 300 in Bauchi and people are rushing it. |
Re: Rising Petrol Price Hits ₦300 Per Litre by nathyx(m): 12:38pm On Jan 20, 2023 |
N300 per Litre Upon all the Subsidy |
Re: Rising Petrol Price Hits ₦300 Per Litre by James91: 12:48pm On Jan 20, 2023 |
Curious345:why don't the president called him to order, don't blame the innocent man, blame your president. |
Re: Rising Petrol Price Hits ₦300 Per Litre by obi58: 1:03pm On Jan 20, 2023 |
IbeOkehie: Whilst I agree that government and corruption are hand in hand in 3rd world countries, in this instance the problem is not the government. The imported fuel is available at the tank farms but the tank farms are hoarding same and inflating prices not the government. Government is still partially to blame because they are seeing the excesses of these depot owners and how it's frustrating their efforts to subsidise fuel and they are not taking action. Unless you are accusing the government of being complicit with these depots which I frankly don't believe. I do believe that if government steps in all these excesses will disappear overnight. |
Re: Rising Petrol Price Hits ₦300 Per Litre by IbeOkehie: 1:29pm On Jan 20, 2023 |
obi58: (1) Whilst I agree that government and corruption are hand in hand in 3rd world countries, in this instance the problem is not the government. Government tends to be corrupt, inefficient and unproductive EVERYWHERE, in every country in the world because people with power are easily corrupted. While government is unavoidable and has a place in every society, a look around the world shows that the most prosperous countries are those that severely reduce and place legal LIMITS on the role of government in the lives of the people. For example, the 20 most prosperous countries belong to an organization called OECD, check and you will find that none of them control the price of their currencies. That's a basic thing, price controls are economic poison. Nigeria has problems with fuel supply and university education today because the government owns and dictates the prices of those commodities. That's all, NOTHING else is the problem. (2) The imported fuel is available at the tank farms but the tank farms are hoarding same and inflating prices not the government. No, the tank farms are hoarding because they don't want to sell at the government enforced price. They don't want to sell at government enforced price because it will cause them to lose money. I already covered this before. The world price of petrol is known, it's public knowledge, it's not a SECRET whispered in dark rooms. Anyone telling you they will sell you fuel at a price cheaper than the world price is trying to cheat you somehow, some way. Any government that promised or is promising a cheaper price ANYWHERE in the world is simply using a clever trick to STEAL from the people of that country, which is what has been happening in Nigeria since 1973....Nigerians get cheap fuel but suffer economic catastrophe in every other sector. There's more to life than cheap petrol! IbeOkehie: Have a good day! 1 Like |
Re: Rising Petrol Price Hits ₦300 Per Litre by JOemmy(m): 2:11pm On Jan 20, 2023 |
SmartPolician: I don't think that this buhari's regime is really paying any subsidy anywhere peter obi had already discribed the subsidy payment as an orgernized crime everything will surely be exposed when the apc is defeated next month. |
Re: Rising Petrol Price Hits ₦300 Per Litre by phranco(m): 3:12pm On Jan 20, 2023 |
Seekhimnow:Sell it at FB marketplace in your location |
Re: Rising Petrol Price Hits ₦300 Per Litre by Godsownfc(m): 3:34pm On Jan 20, 2023 |
Immatex:Im tired with my country o |
Re: Rising Petrol Price Hits ₦300 Per Litre by UNDFTD: 4:28pm On Jan 20, 2023 |
For those of you who love your failed and useless One Nigeria, I want you to do a simple Google search: "Who owns Nigeria?" See what the results are.
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Re: Rising Petrol Price Hits ₦300 Per Litre by Perfectbeing(m): 4:40pm On Jan 20, 2023 |
Buhari should end fuel subsidy for crying out loud. All sane and realistic Nigerians are pro end fuel subsidy. |
Re: Rising Petrol Price Hits ₦300 Per Litre by Seekhimnow: 4:56pm On Jan 20, 2023 |
phranco: Okay, thanks |
Re: Rising Petrol Price Hits ₦300 Per Litre by seguno2: 5:02pm On Jan 20, 2023 |
Immatex: Who is the petroleum minister that replaced Diezani since 2015? The one who removed subsidy and hiked fuel price on the 1st anniversary of their administration? Can he be the expired leadership who ThiefNuibu changed to APC’s messiah four years later |
Re: Rising Petrol Price Hits ₦300 Per Litre by seguno2: 5:34pm On Jan 20, 2023 |
Perfectbeing: Too late. It was removed in 2016 already, to celebrate one year of Buhari’s return to power. Subsidy removal: Tinubu backs Buhari, Falana condemns price hike |
Re: Rising Petrol Price Hits ₦300 Per Litre by oladeebo: 5:45pm On Jan 20, 2023 |
Dikysmith1:....stop yelling at Nigerian! We are buying petrol at 700 Naira per litre here. |
Re: Rising Petrol Price Hits ₦300 Per Litre by Nobodysboo(m): 7:27pm On Jan 20, 2023 |
Wahala go dey o |
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