Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses - Politics (3)

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Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses - Politics (3) - Nairaland

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Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Dybala11(m): 8:52am On Jul 20, 2023

Apus:
Expectedly.

Removing subsidy is great but doing so without putting in place measures that will reduce the effects of removal first is stupid.
We should have had at least two refineries working locally before removing subsidy. Increase food security and provide cheap transport services.
Even the dangote refinery, we no see.

Upon all the promises and boastful words used by APC in 2015, 8 years in power and the status quo is still being maintained. Get ready everyone, braze yourselves.

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by imbless: 8:53am On Jul 20, 2023

helinues:

Oil, Fuel, Premium Motor Sprit , whichever, millions of litters just arrived the country which would reduce the increase in fuel price.

I know you lots are not happy with this news hence trying to derail from the main topic of discussion

I sincerely doubt that you are mentally okay! Naira have crashed more, and you are saying the price of pms will fall, so you are indirectly saying that the marketers will sell at a lesser price than what it cost them to import the petrol, which will make them not to be able to finance their next import?
Fuel marketers will always first calculate the cost in USD, add their profit and then set the price.
You are so daft!!

7 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Allisgud: 8:53am On Jul 20, 2023

SHEGE BANZA where are those useless apc moles hope u have exhaust ur 5k on high cost of transport grin

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by enemyofprogress: 8:55am On Jul 20, 2023

Hope say no be country wey God tell Abraham make he comot from we dey so ?🤔

6 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Love56743: 8:58am On Jul 20, 2023

The painful part of everything is that even the Igbos, yourubas, hausas are suffering from this bad government, both Muslim and Christian are still suffering this government, there's know need of electing a senator and a house a representative members since that they cannot speak for the masses, this is getting out of hand, people are now living from hand to mouth, because of this bad govt i have stop my project because the rate of building materials are very expensive... Nigeria youth wake up go for peaceful protest because this thing have getting out of hand..

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Kukutenla: 8:58am On Jul 20, 2023

helinues:
Make una calm down.

Some million litres of oil just arrived the country, the fuel price should come down a bit

How will arrival of imported fuel bring down price?

3 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by mainman7(m): 8:58am On Jul 20, 2023

The Truth is the Truth, I don't know why many are too cowardly to face the Real Enemies of Nigerians. One thing that is still vexing me and my Guys it that buying Fuel for higher price is totally unacceptable! Unfortunately, many are too gullible that they have been mentally Deceived by the Invaders that believed that they can always easily Manipulate Indigenous Nigerians even when they are not the President. This is a chance to Prove that most Nigerians can Read handwritings of those behind the Sceneof the current Nigerians Sufferings or not.

Have you heard the latest Confession from that Man that is close to the Fualni NNPC Controllers?!!! Pls, share here and on all Social Media if you have the Link to the Video and Audio. The man exposed that Tinubu was emphasizing just before Subsidy Removal that the new Price should be N400 and which he said was also guaranteed to gradually come down to N150 or less through Marketing Deregulation. Unfortunately, the Fulani Cabals that hated that their Nigeria Trillions that they've stolen in Name of Subsidy has been stopped have chosen to do exactly the Opposite since they are still in Charge of NNPC. You and I also watched how their Thieving Petroleum Vessels are being Bombed since Tinubu came in. All these made them to still Jack up the Price of Petrol again just to make the Nigerian Masses to hate Tinubu that is Fighting the Cabals Tooth and Nail to Liberate the Jugular of Nigerians' Future from their Stranglehold! Did you know that Fulanis has more than 80% of all the Existing Oil Wells in Nigeria?!!! Even though they had no Petroleum in any of their States. So, you can imagine the massive Power they weldge over the Industry because Nigerians refused to be Courageous and Unite against them in the Past. Tinubu can not Fight this Battle alone, at least he has stopped them from Killing Indigenous Original Nigerian People all over Nigeria in the Name of Herdmen! Let's Support him with every Fiber of our Being to Win this Battle for all Indigenous Nigerians!!!

You and I used to say we could Fight Fulani Satanic Plans of Enslaving Indigenous Nigerians when Buhari and his Fualni Brothers were in Power for most times since Independence. Now that we have a Southerner, how do you think he can Speedily help Destroy and Reverse their Slavery from over Nigeria when you are so gullibly Deceived to hate him that is Fighting tooth and Nail to make all Indigenous Nigerian enjoy our Fatherland without being Enslaved and even brutally Killed by these so called heartless beasts called Fuulanis?!

I knew this! My friends were discussing it with me yesterday, Tinubu is not a Wicked Soul that would increase Price for 2nd Time within such a short Time! I knew the evil ones that still top NNPC are trying to get the Masses to hate Tinubu, but they shall miserable Fail again in Jesus' Powerful Name as they Failed miserably in their Satanic bid to stop the Great Man from becoming President!

5 Likes 1 Share

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by NaijaCrusader: 8:59am On Jul 20, 2023

Reverse the subsidy removal, subsidize fuel to 25-300naira per liter buy stabilize the economy first and then plan very well on your next steps. Make a short national broadcast or even have your media aides make the announcement. Let the suffering in the nation reduce. So far this administration is failing woefully and we are already two months into this administration. May we not miss Buhari

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by TheGift: 8:59am On Jul 20, 2023

Just like I was telling my Wife yesterday, I just see things grinding to a halt, if something is not done fast.

5 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by SweetDipBenny(m): 9:00am On Jul 20, 2023

Cotonou to London --- 472 usd.
Lagos to London --- 2,462 usd.
Same day, same time, almost equal distance. Why is everyone taking advantage of Nigerians? 😔

3 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Angelfrost(m): 9:00am On Jul 20, 2023

Mtchewwww... It will favor everyone!!!

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by a4cube: 9:01am On Jul 20, 2023

helinues:

Shame might not allow you to mention me in that 2 weeks as your evil wishes for the country bw averted. No be today una dey swallow una own words

Oh shame will not let you reply my mention. I forget una no get shame again.

Maybe by then una WhatsApp admin must have coached you guys on what excuse to give.

3 Likes 1 Share

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by ceejay80s(m): 9:01am On Jul 20, 2023

tabaralph:

I thought dangote refinery was commissioned, why is Nigeria still importing petroleum products

No mind them, they know what they are doing

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Basicend: 9:02am On Jul 20, 2023

Apus:
Expectedly.

Removing subsidy is great but doing so without putting in place measures that will reduce the effects of removal first is stupid.
We should have had at least two refineries working locally before removing subsidy. Increase food security and provide cheap transport services.
Even the dangote refinery, we no see.

Add also floating and devaluating the naira without a system to create a demand for the naira. . Kai. .hmm. all at the same time. .

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Confirm4real(m): 9:05am On Jul 20, 2023

I still believe it will favour me and my family grin

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Nobody: 9:07am On Jul 20, 2023

Essenza01:

Wow.... please take this down, it makes you come off as below par. Supply has never been the problem, do you see scarcity?, The importers virtually buy at very marginal difference from each other, the depots sell at very marginal difference from each other as well, the trucks lift to different locations at marginal differences too.. your exchange rate is the problem.. would more planes reduce the terrible flight fees now?

Thank you for putting small sense for him head! grin

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Exceed15: 9:07am On Jul 20, 2023

It isn't obvious BAT has no clue handling economy. He was bashing GEJ administration in fake defence of the masses. Now e don force himself enter, everything scatter. Very soon people will invade aso Rock and chase him out . It happened in srilanka.

2 Likes 1 Share

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Nobody: 9:08am On Jul 20, 2023

NaijaCrusader:
Reverse the subsidy removal, subsidize fuel to 25-300naira per liter buy stabilize the economy first and then plan very well on your next steps. Make a short national broadcast or even have your media aides make the announcement. Let the suffering in the nation reduce. So far this administration is failing woefully and we are already two months into this administration. May we not miss Buhari

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by olisaEze(m): 9:08am On Jul 20, 2023

The jagaban is jagabaning, as fuel pricing is now acting like Naira/Dollar exchange rate. grin

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by bacil: 9:08am On Jul 20, 2023

michjunior:

This is an irony bro
You continuously inflate prices, while the purchasing power of majority of the citizens are already very down? Who will buy your product? Demand will drop drastically and suppliers and manufacturers will experience a massive drop of sales, leading to an unavoidable massive retrenchment...No two ways about it..it basics economics

That's why I said everyone should inflate to create a balance. Those that will be affected the most are those that are doing anything for a living which is supposed to be wrong

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Nobody: 9:12am On Jul 20, 2023

imbless:

I sincerely doubt that you are mentally okay! Naira have crashed more, and you are saying the price of pms will fall, so you are indirectly saying that the marketers will sell at a lesser price than what it cost them to import the petrol, which will make them not to be able to finance their next import?
Fuel marketers will always first calculate the cost in USD, add their profit and then set the price.
You are so daft!!

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by NaijaCover(m): 9:13am On Jul 20, 2023

Nawa o

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Dybala11(m): 9:15am On Jul 20, 2023

helinues:

Oil, Fuel, Premium Motor Sprit , whichever, millions of litters just arrived the country which would reduce the increase in fuel price.

I know you lots are not happy with this news hence trying to derail from the main topic of discussion

You and bogus claims are like 5 & 6.

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by grandstar(m): 9:15am On Jul 20, 2023

If the price of diesel presently hovers around 840/litre, at 537, the price of petrol was still artificially low. That price may have also been based on the official exchange rate which hovered around 450 at the time. An increase in price was to be expected.

Things should begin to stabilize upon the appointment of capable hands to head the central bank and a distinguished technocrat as finance minister.

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Fuckyoumod: 9:16am On Jul 20, 2023

crossfm:
Sacking workers at this point will be hellish.
That will be double wahala for dead body.

Let the federal government look in word and fix this mess. This is no longer election period oh,we are now all in this situation.

This one is still sleeping, do you have a government?
wake up bro, the darkest hour of Nigeria is upon Nigerians.

A wicked, heartless and cold old man is in Aso Rock.

"On your mandate" people have special package from Tinubu every month, so they won't be affect like other Nigerians.

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Nobody: 9:16am On Jul 20, 2023

livebyday:

When they tell all these kids that education is paramount they won't listen.

Let me educate you, Nigeria doesn't import oil she imports Premium motor spirit aka pms aka fuel which is a refined product of crude oil that Nigeria exports not imports.

School is not a scam

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by TinubuGoQuench(f): 9:17am On Jul 20, 2023

helinues:

Oil, Fuel, Premium Motor Sprit , whichever, millions of litters just arrived the country which would reduce the increase in fuel price.

I know you lots are not happy with this news hence trying to derail from the main topic of discussion

SHUT UP THERE!!! WITH YOUR WEAK SHALLOW REASONING!

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by zikter(m): 9:18am On Jul 20, 2023

helinues:

Oil, Fuel, Premium Motor Sprit , whichever, millions of litters just arrived the country which would reduce the increase in fuel price.

I know you lots are not happy with this news hence trying to derail from the main topic of discussion

Please be informed. The current increase is not due to lack of product but market forces as nnpc said. Do you expect an importer who spend, say 500 on a litre to turn around and start selling at 480? He is not father Christmas definitely. Infact, IPMAN is projecting 700 per litre for the new stock you are referring to

4 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by Dybala11(m): 9:19am On Jul 20, 2023

helinues:

When distributed across the nation

The problem right now isn't about distribution, we're not experiencing a hike in the pump price because of scarcity of the product. We shall see how things go sha.

1 Like

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by yeshuasfootstep(m): 9:19am On Jul 20, 2023

I saw a big rolling stone on top of a mountain.
I also saw a very unskilled foolish workman who is trying to shift the big stone.

Removing the wage that holds the stone, he flung it very far away.
Now the stone is hurtling down the mountain with the unskilled workman pursuing with the little strength left in him.

The deed has been done.
He is no where near the stone again.
Many ripple effects as the stone hurtles down.
May God save all who did not by omission or commission go against his wish.

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by ogbe88(m): 9:20am On Jul 20, 2023

helinues:

Oil, Fuel, Premium Motor Sprit , whichever, millions of litters just arrived the country which would reduce the increase in fuel price.

I know you lots are not happy with this news hence trying to derail from the main topic of discussion

Kindly listen to him or go get an education.

2 Likes

Re: Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses by sammiewrite(m): 9:21am On Jul 20, 2023

Prior to the election, I was seeing Pbat as a victim but the longer this NNPC guy stays in that position, the more I want to have a change of mind.
For goodness sake, this guy is in the category of Emefiele and the ex president; they all belong to the waste bin of history.
Because of their selfish interests they hoarded fuel and cash and threw millions of Nigerians into untold hardship and suffering.
Let the president announce his cabinets ASAP and he should make sure the first criteria is patriotism. Men like that NNPC guy have sabotaged and continue to sabotage the country's interests. If not in the interest of national peace and unity, they should be facing treason charges.

2 Likes

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