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Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike - Politics (5) - Nairaland

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Marketers Push For Petrol Price Hike Amid Deregulation / N195 Enforcement: Fuel Marketers Plan Shutdown Monday / Lockdown: Fuel Marketers Threaten To Shutdown Over Low Sales (2) (3) (4)

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Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by MichaelSokoto(m): 9:16am On Aug 25, 2023
Nemesis0147:
Time to hit the ground running 😁
dis one dived d ground while flying..
na bat ni oo!
grin

1 Like

Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by otokx(m): 9:20am On Aug 25, 2023
Every time the independent marketers want to increase petrol price. If price of Crude falls they don't reduce the price of petrol, diesel, etc
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Zxcvbnmghtr: 9:20am On Aug 25, 2023
Kukutente23:

Stop telling lies.

UK fuel price in 2015 was £4 per gallon.
In 2023 it is £6 per gallon.
That’s just £2 increase in 8 years while Nigeria was N97 in 2015 and is now N617 which is N520 increase in same period.

Stop defending failure.

If what is happening in Nigeria happens in western countries, the govt would have ceased to exist.

Why don't you do the conversation to Naira lol? Simple logic.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by TOMMYS: 9:22am On Aug 25, 2023
Angelfrost:


You might need to wake up from such fantasies... Even a naive person should easily see that most African presidents are in tandem with world powers to enforce a deadly form of Capitalism in their nations, and Tinubu is a fine puppet in this odious drive.

It's quite simple, really... Drive up prices, push up unemployment, enhance and enforce propaganda.

The goal??! Obviously to exterminate the poorest among us; diminish birth rates, and critically purge the nation of the stench of the poor.

He no hear when Emilokan say na reduce purchasing power to lead to development.

So Dubai reduce purchasing power to get where they are today.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Focusmind: 9:25am On Aug 25, 2023
And just yesterday, it was 860 and Aboki asked me to buy. Lots of people are in their homes cashing out on this naira problems. Imagine if one had bought $10000 @860, which is N8600000m and sold at 920 today, which is 9200000m....a cool 600k just made in one day!!
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Kukutente23: 9:26am On Aug 25, 2023
Zxcvbnmghtr:


Why don't you do the conversation to Naira lol? Simple logic.
That's a daft logic to adopt. Is naira being spent in the UK or does UK sell fuel based on naira? We're talking of UK economy you're talking of naira.
A lot of you guys are just plain dumb.
Maybe we should convert the Naira price of fuel to pound too.
There's nothing too ridiculous for you guys to say
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by AImiron: 9:32am On Aug 25, 2023
ConfidentialDoc:


Then let NLC unleash their mother of all strikes.

Hmm...can they?
I think the strike is a bit late cos ppl don already adjust to this new reality.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Angelfrost(m): 9:36am On Aug 25, 2023
Zxcvbnmghtr:


When last did you travel to Europe or America? I want us to be very objective here. How much per liter was fuel in U.K in 2015 and today 2023?

Do the same with the U.S which different states have subjective fuel prices.

Thank you.

Okay... The last time you also traveled to Europe and America, did you see the level of development, Leadership traits, and comportment of their public office holders?!! Have you done the same with the nation and leaders you defend so much??!

If you wish to make such analogies across nations, don't pick and choose the ones that barely help your weak arguments... Do it in totality.

Thank you too.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Efeovbokhan: 9:39am On Aug 25, 2023
Few months of Tinubus government already like many years
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by bigiyaro(m): 9:46am On Aug 25, 2023
grin grin normally, it's higher demand that brings about higher price, but dem tell us say, the demand for pms fell by 35% cos of subsidy removal but price still dey increase. Everything is upside down in this naija.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Kaycee9242(m): 9:48am On Aug 25, 2023
IduNaOba:
Naija saw Peter Obi who had clear cut polices and rejected him.
Una see person wey do campaign like say na job interview, fielding and answering questions, had a very clean and positive image and focused direction but una say no!
Naija preferred someone who had zero intentions to move this "corn tree" forward just to teach igbos a lesson.
Now, dollar go soon hit 1k before September second week and prices will keep going up.
You guys voted for this government.
Make una enjoy am.
Ndigbo will simply increase price of their goods and services too.
Nothing concern us.
Meanwhile look at Abịa state mehn....
LP amaka. Alex Otti amaka. Alaigbo amaka.


If you see as this your comment dy sweet me for body, am not from abia but that otti guy dy give me joy. People that voted Tinubu na dem cry pass now
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by iyke2frankeze: 9:59am On Aug 25, 2023
After the whole 3 billion dollars loan NNPC borrowed to inject and stabilize the dollar Price?
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Zxcvbnmghtr: 10:00am On Aug 25, 2023
Angelfrost:


Okay... The last time you also traveled to Europe and America, did you see the level of development, Leadership traits, and comportment of their public office holders?!! Have you done the same with the nation and leaders you defend so much??!

If you wish to make such analogies across nations, don't pick and choose the ones that barely help your weak arguments... Do it in totality.

Thank you too.

U.K has been going through a lot of turmoil, very evident with the rate at which their PMs have resigned one after the other until this particular one.

The U.S is not different. And to be honest there have been tremendous positve development in Nigeria since 2015. Alot!
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Zxcvbnmghtr: 10:03am On Aug 25, 2023
Kukutente23:

That's a daft logic to adopt. Is naira being spent in the UK or does UK sell fuel based on naira? We're talking of UK economy you're talking of naira.
A lot of you guys are just plain dumb.
Maybe we should convert the Naira price of fuel to pound too.
There's nothing too ridiculous for you guys to say

Is Dollars or Pound Sterling being spent in Nigeria? You want to equate the two currency as the same. cheesy Try to be reasonable.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by ConfidentialDoc: 10:03am On Aug 25, 2023
AImiron:
I think the strike is a bit late cos ppl don already adjust to this new reality.

If there's no strike, then they should expect new level of new reality. This creepy administration will make life even worse for Nigerians.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by masseratti: 10:04am On Aug 25, 2023
Kukutente23:

Hmm. What will now be the job of CBN?
the Primary responsibility of the CBN is to be the bank of the Government not bureau de change or exchange office... The CBN does not have to do anything with $ exchange rates.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Offpoint1: 10:05am On Aug 25, 2023
Zico5:
It's time Tinubu reason along and rebuild our refineries. We can't allow the west super power to continue to push us into abyss. The only solution to sustain the economy is local production of premium oil. I think there is something they are yet to tell us about these refineries.
Nigeria refineries will never work because its working will benefit the masses.

Crooks in Nigeria government will never let it function because they're benefiting from it.

Refinery isn't rocket science that Nigeria can't have a single functional one for over 50 years

1 Like 1 Share

Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Kukutente23: 10:07am On Aug 25, 2023
masseratti:
the Primary responsibility of the CBN is to be the bank of the Government not bureau de change or exchange office... The CBN does not have to do anything with $ exchange rates.
That's but correct bros
The primary job of CBN is to issue and maintain legal tender for the country
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by tishbite42: 10:07am On Aug 25, 2023
zinaunreal:
grin

When I predicted about this Tinubu in 2021 or 22 i cant even remember, and some other critical world matters, some empty scum came there to challenge me thinking I'm one of the regular useless fake men of God. Who come around and blab nonsense with their empty skulls.


I am not a man of God, i use medium. I dont hide myself. You cannot force your way to power. If it doesn't fit what God has designed, it will never work and their goes the continual crumble. It's as simple as ABC. Pressure with your human power. Nature's programming will reject it

If you are interested in Predictions you can email or mention me. I don't post such on here anymore but check put what I said about some world events years back including Tinubu

I am a registered nurse. I did not ask anybody for money please . This is just what I do. Make I clear una thoughts

https://www.nairaland.com/5625088/state-nation-state-world-predictions/1
Wow
You're spot on
Chai
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by nedekid: 10:08am On Aug 25, 2023
BigBlackPreek:
God help us in this country oh
God aren't helping us in this country. When we finally have sense, we will help ourselves.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by nedekid: 10:09am On Aug 25, 2023
naijaboy756:
Na from fart we Dey envisage the smell of poo

100 days of disaster
Lol
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Kukutente23: 10:09am On Aug 25, 2023
Zxcvbnmghtr:


Is Dollars or Pound Sterling being spent in Nigeria? You want to equate the two currency as the same. cheesy Try to be reasonable.
You're not even smart at all.
You were the one who asked for comparison of fuel price in UK from 2015 till now with that of Nigeria.
Now that you see that it doesn't favour your narrative you're delving into which currency is being spent.
What does that have to do with price of commodities and inflation in both countries.
You're a simpleton and clearly out of your depth.

1 Like

Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by tishbite42: 10:10am On Aug 25, 2023
Kukutente23:

That's a daft logic to adopt. Is naira being spent in the UK or does UK sell fuel based on naira? We're talking of UK economy you're talking of naira.
A lot of you guys are just plain dumb.
Maybe we should convert the Naira price of fuel to pound too.
There's nothing too ridiculous for you guys to say
Asin eh
Dumbos everywhere
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Nobody: 10:12am On Aug 25, 2023
Burruchaga71:
To capture Tinubu dead or alive is a task that MUST be achieved as quickly as possible before things get at of hand.

grin grin grin
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Angelfrost(m): 10:16am On Aug 25, 2023
Zxcvbnmghtr:


U.K has been going through a lot of turmoil, very evident with the rate at which their PMs have resigned one after the other until this particular one.

The U.S is not different. And to be honest there have been [b]tremendous positve development [/b]in Nigeria since 2015. Alot!

A lot of "tremendous positive developments", you say??!

Pray, list them all with clear and verifiable evidence...!

The fact that you guys, since 2015, have had to explain and describe your leadership achievements to citizens who should be the beneficiaries makes me actually believe that propaganda is truly a weak tool that can never stand the test of time.

I will patiently await your detailed list of "tremendous positive developments".
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by nedekid: 10:17am On Aug 25, 2023
Ritchiee:

Obi cannot even govern a state progressively and you want him to govern what is bigger than him.
He was a failure when he was the governor of Anambra.
Anambrans at that time Nicknamed him Bad Omen because of his inefficiency.He did well in a very few areas but, specially,economy was bad and poverty was 50%.
Soludo warned against voting for a calamity like Obi.
He is certainly a gentleman but not cut out for governance.
Tinubu is a goal getter and a proven administrator with a Midas touch.
The start brings some pain but it will be short-lived and Nigerians will be greatly thankful that Tinubu is the president.
The growth will be exponential even before the end of his first term.
Most of you will rush to vote for him except grave bigots.
Can you focus on the fact that naira has depreciated to 920 to $1, and 1 pound ₦1180?
Within 2 months 100% devaluation? What has it got to do with some fellows administration of a state 10 years ago?
Let's not be distracted by juvenile rants irrelivant to the issues at hand.

1 Like

Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by danijesus(m): 10:18am On Aug 25, 2023
Ritchiee:

Obi cannot even govern a state progressively and you want him to govern what is bigger than him.
He was a failure when he was the governor of Anambra.
Anambrans at that time Nicknamed him Bad Omen because of his inefficiency.He did well in a very few areas but, specially,economy was bad and poverty was 50%.
Soludo warned against voting for a calamity like Obi.
He is certainly a gentleman but not cut out for governance.
Tinubu is a goal getter and a proven administrator with a Midas touch.
The start brings some pain but it will be short-lived and Nigerians will be greatly thankful that Tinubu is the president.
The growth will be exponential even before the end of his first term.
Most of you will rush to vote for him except grave bigots.
who is this one Na
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by ysth(m): 10:27am On Aug 25, 2023
Ritchiee:

It will come down considerably before the end of transactions today.
Everything will come into place positively by the end of the year,God's willing.
come down to what? What are the logical mechanics the government has put in place to get more foreign currency?. Floating a weak currency like the naira simply means you are playing to demand and supply. When we don't have enough supply of dollars, how then will someone sensible go ahead to float his weak currency? Tinubu might be wise politically, but from him missteps this past month, he is very unwise economically.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Zxcvbnmghtr: 10:41am On Aug 25, 2023
Kukutente23:

You're not even smart at all.
You were the one who asked for comparison of fuel price in UK from 2015 till now with that of Nigeria.
Now that you see that it doesn't favour your narrative you're delving into which currency is being spent.
What does that have to do with price of commodities and inflation in both countries.
You're a simpleton and clearly out of your depth.

Lol grin. I still insist that you are being unreasonable. The common factor here is the S.I unit with which is in liters.

Let me make it clear to you. If a citizen of the U.K comes to Nigeria and buys fuel at the same price he buys it in the U.K and in pounds Sterling would he have bought it cheaper than if he buys in Naira?

Can you go to the U.K and buy fuel with the price you are buying it in Nigeria.
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Kukutente23: 11:00am On Aug 25, 2023
Zxcvbnmghtr:


Lol grin. I still insist that you are being unreasonable. The common factor here is the S.I unit with which is in liters.

Let me make it clear to you. If a citizen of the U.K comes to Nigeria and buys fuel at the same price he buys it in the U.K and in pounds Sterling would he have bought it cheaper than if he buys in Naira?

Can you go to the U.K and buy fuel with the price you are buying it in Nigeria.
Ok....
So why did you ask to make the comparison in the first place?
I thought you were trying to show that the UK fuel price has experienced price jump that's comparable with Nigeria's since 2015
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Jack500: 11:01am On Aug 25, 2023
IduNaOba:
Naija saw Peter Obi who had clear cut polices and rejected him.
Una see person wey do campaign like say na job interview, fielding and answering questions, had a very clean and positive image and focused direction but una say no!
Naija preferred someone who had zero intentions to move this "corn tree" forward just to teach igbos a lesson.
Now, dollar go soon hit 1k before September second week and prices will keep going up.
You guys voted for this government.
Make una enjoy am.
Ndigbo will simply increase price of their goods and services too.
Nothing concern us.
Meanwhile look at Abịa state mehn....
LP amaka. Alex Otti amaka. Alaigbo amaka.


Just shatap! No only igbos has good and services? Keep fooling yourself
Re: Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike by Khyrvxjzy: 11:04am On Aug 25, 2023
SalamRushdie:
Hate it or love it Tinubu has irrecoverably failed ...I don't see how he can recover this economy again...


failure

Nigerian have the biggest economy in Africa


shameeeeee

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