₦airaland Forum

Holluwhakemmy:
Fear Not God will take control everything will be alright soon

Lizzysamuel:
Yusuf Dauran

Debt-trap diplomacy is a term to describe an international financial relationship where a creditor country or institution extends debt to a borrowing nation partially, or solely, to increase the lender's political leverage.

Lizzysamuel:
nlfpmod

Ecofrndly:
We all collectively owe GEJ an apology

franchasng:
Now that Bola Tinubu have adjusted the official petrol pump price to 850 naira per liter, expect most petrol stations to start selling at 1,000 to 1500 depending on location.


Now is the time Nigerians will see the real suffering and hardship. Tinubu's induced second phase of hardship has just begun. Price of goods and commodity will quadruple from next week.



That is the handwork of Yoruba people's best man, this is the best that Yorubas can offer, ire oh

Sultty:
Nigeria shall be great again

Okortor:
700 years of sufferings for all of u that castigated Jonathan but supported this regime and disaster of a president... Your hellfire is indeed a special place prepared.

Oshokhai69:
How much was a lite of crude oil when GEJ was president? How much was a litre of imported petrol?

As we still dey import the thing, how much you expect fuel to cost now? Less than it cost over ten years ago?🤔

Former Minister of Petroleum and Energy, Tamunoemi David-West has said that President-elect, Muhammadu Buhari will reduce the fuel price to N40 per litre when he assumes office.

The former minister reportedly made the statements during a telephone interview with Vanguard.
“I want to assure you that by the time he takes over, petrol will be dispensed at N40 per litre. This is possible and he has the credibility to make it work,” David-West said.

“As military head of state, he dealt with the Federal Executive Council with the tenets of democracy. Buhari will build new refineries to make petroleum products available for the masses. No responsible government will allow the masses to suffer,” he added.

“He will strengthen the refineries within a year. It is possible as we won’t spend any amount in setting up a green field refinery. We already have a blueprint as we shall use what we have to get what we want,” the ex-minister said.

https://www.pulse.ng/news/local/muhammadu-buhari-president-elect-will-reduce-fuel-price-to-n40-per-litre-ex-minister/wh6yz4t.amp

Goodman247:
Fake country

Available9:
Bleep your apology... meanwhile, tinubu is in China buying Pampers

Okortor:
700 years of sufferings for all of u that castigated Jonathan but supported this regime and disaster of a president... Your hellfire is indeed a special place prepared.

anthonykezy:
Oil slump: Bring down fuel price immediately, Fashola tells FG ON DECEMBER 7, 2014

Lagos—As the global oil prices slid further downward, Governor Babatunde Fashola of Lagos State, yesterday, asked the Federal Government to review downward the pump prices of Premium Motor Spirit, PMS,  from N97 per litre in the country in tandem with the slump in world oil price. President Jonathan and Gov Babatubde Fashola of Lagos The Organisation of Petroleum Exporting Countries, OPEC, had last Friday, on its website pegged the oil price at $66.27 per barrel. Fashola who blasted FG for its reluctance to adjust the pump price of   PMS, made the remarks while addressing hundreds of youths at the  Lagos State and After School  Graduation Development Centre,  AGDC, IGNITE Employability Project 5, Ikeja.

He lamented that Nigerians were not receiving fair treatment from the central government like others in oil producing nation. Fashola said, “Now we should be enjoying cheap fuel if the price of oil has dropped globally. Even as we import the product, a major component has reduced in price and while this has reduced, the pump price of fuel in the country still remains the same. “Then something is wrong. If the price increases in the country when the price of oil goes up globally, then it should also reduce when the price of oil drops. “I understand that I am not an economist; they (Federal Government) are the economists. But I have some logic and common sense to ask critical questions. For instance, if one buy flour at N10 per kilogram, and the bread was sold at N1 per loaf. If the price of flour drops, the price of the bread should also change,” Fashola added.

The governor, therefore, urged President Goodluck Jonathan led administration to follow the footstep of other countries that have reduced the pump price of oil products for their citizens. Fashola noted that the oil sector of the country had not been improved to address challenges confronting the nation especially unemployment, saying “The economy is not doing well. Some of you (audience) are compelled to try to survive through whatever means.” On how the oil sector would have addressed the unemployment challenges, he said. “If we are trying to build refinery with Dangote in Lekki Free Zone, LTZ, in Epe; and the construction alone would require 8, 000 workers. It means that they must get to work and back. So there is need for transportation service, there is need for food and other services during work and post construction. “So if we stop importing fuel, and start building refineries and doing other things right the economy will lift. If you build a gas grid for the country and rough estimate indicated that investing $5 billion, many businesses will began to get gas and some of the power installation can also convert to gas and others, there would be sudden positive effect on the country’s economy.”

Source: http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/

franchasng:
Now that Bola Tinubu have adjusted the official petrol pump price to 850 naira per liter, expect most petrol stations to start selling at 1,000 to 1500 depending on location.


Now is the time Nigerians will see the real suffering and hardship. Tinubu's induced second phase of hardship has just begun. Price of goods and commodity will quadruple from next week.



That is the handwork of Yoruba people's best man, this is the best that Yorubas can offer, ire oh

Krankhead:
You can go back and live in your past. Nigeria has one of the cheapest fuel.price

Lizzysamuel:
He learnt the hard way

Atlantis585:
Mannabbq must come here and confess too. I understand that he gave up that moniker out of shame after his darling daddy disgraced himself out of office with the record of the worst president in the history of the world.

ogolemati:
O man of little faith.fuel will sell for #30 in this country.tinubu is here to make it happen

Bobloco:
I am asking "where are the it will favour me and my family" crew

Lizzysamuel:
Yusuf Dauran

Macphenson:
Una gonna learn, and una gonna learn the hard way.
Everybody must collect from Emilokan hand.
Master strategist my smelly ass.

youngEmelex:
A fool once said so