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Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsFuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre (14453 Views)

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Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by adenigga(op): 5:19am On Sep 21, 2024
Most filling stations in the Federal Capital Territory have implemented the Premium Motor Spirit (petrol) third pump price hike under President Bola Ahmed Tinubu’s administration.

DAILY POST gathered on Friday that the Nigerian National Petroleum Company retail outlets and independent marketers such as AA Rano, Shema, Ranoil, Total and others have commenced implementation of the third fuel price adjustment.

Analysis by DAILY POST showed that the price had moved from N238 in May 2023 to between N950 and N1,100 per litre in September 2024.

Many Nigerians and motorists now buy petrol between N950 and N1,100 per litre in Abuja, according to a DAILY POST survey on Friday.

This represents an increase of N862 or 362 per cent compared to the N238 per litre of petrol sold in May 2023 when Tinubu was elected.

A resident, Benjamin Njoku, said the latest hike in pump price is the new normal for Nigerians under Tinubu.

“In September only we had two hikes. On September 3, 2024, and this recent one. It is painful. Hike in transportation will jump astronomically,” he said.

Abdul Abubakar, a resident of Niger State, expressed the same frustration.

The price may be higher in states such as Borno, Enugu and Benue states.

This comes as NNPCL on Monday announced a fresh price list across its retail outlet after lifting PMS from Dangote Refinery.

NNPCL had lifted petrol from Dangote Refinery upon its inaugural distribution.

However, the state-owned firm had engaged in a battle with Dangote Refinery over price.

While NNPCL insisted it bought, Dangote Refinery Petrol at N898, the 650,000 per day Lagos-based refinery disagreed. The development created confusion in Nigeria’s oil and gas sector.

This situation has led to petroleum marketers looking to import, ignoring Dangote Refinery’s product.

But refiners had kicked against the marketers’ move to import.

Earlier in May 2024, the President of Dangote Group, Aliko Dangote, had said that the kickoff of petrol in his refinery meant an end to the product imports in Nigeria.

The National Bureau of Statistics data showed that petrol pump price stood at N238 per litre in May 2023.
Source: https://dailypost.ng/fuel-price-hike-nigerians-buy-petrol-at-N1,100-per-litre

Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Nobody: 5:32am On Sep 21, 2024
It should be N2,000 per liter so they can have common sense next time
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Racoon(m): 5:35am On Sep 21, 2024
Hehehe! After kicking against subsidy removal in 2012, the slowpoke decided to come back in 2023 claiming heroism in subsidy removal only for things to get worst. Karma does not forgives or forgets. Learn a lesson of life
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Bobloco: 5:45am On Sep 21, 2024
Tinubu have only successfully inflicted hunger, strife, starvation, high inflation rate, high pump price of petrol, etc on the citizens since coming on board
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Brendaniel: 7:48am On Sep 21, 2024
Can you just imagine for a second that it was Peter Obi that was president and all these in Nigeria were happening?

The insults and attacks the Igbos would have received, the hate and narrative that would have been heaped upon the Igbos, now it is Tinubu a Yoruba man, the whole country is quiet...
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Tochi3(m):
grin grin grin

..old news.. grin grin

..where dem BATists.. ?..the former chanters of sai darling daddy & the new Sheriff with body odour.. grin grin

..today they are BATists..with the now faded chant of " it will favour me & my family standing on that rotten thing.. grin grin grin

BATists have been BATified by their new messiah BAT..

grin grin grin

Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by EKONGKING: 7:58am On Sep 21, 2024
Nigeria is run by clowns of highest order
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by EmekaBlue(m): 7:58am On Sep 21, 2024
Who is the minister of petroleum? He has failed Nigerians. Sack him
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by MadPolitician: 7:59am On Sep 21, 2024
This is murder.
Slow death.
This "snatch and run" Mahmuds government is slowly murdering the people
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by AjegunleBoy(m): 7:59am On Sep 21, 2024
Painful & disheartening!

Under one year, d country has totally bn destroyed beyond redemption by d demonic APC party!

Anyways, d number of mumu suffer head ppl in Edo State will be known by the number of votes the demonic APC party will get in this state govnorship election.

angry
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by ivolt: 7:59am On Sep 21, 2024
okay.
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Flame333: 7:59am On Sep 21, 2024
The idiot said it's a baby step pain..

Things will get better in 5055

Petrol will go back to 1 kobo per litre

Courtesy of Chicago University
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by kgr8mike(m):
God didn't create NIGERIA, man created it. God in His infinite wisdom knew such a country wouldn't work but man is busy gluing together what the Almighty knew won't. God created Hausa nation, Igbo Nation and Yoruba nation but man created Nigerian nation. If God created Nigeria, all the prayers done for Nigeria would have been answered. But I think when God hears a prayer concerning Nigeria, He is like ' who created that country because I didn't? It's like a teacher giving a student an assignment and the student goes home and gives himself his own assignment and submits back to the teacher. The teacher will be like ' who gave you this assignment?'

The earlier we get back to the way God created it using language variation and water demarcations, the better for us , otherwise in the next 5 years a liter of fuel will be going for N5000 and a dollar will be exchanging for N6000.

God did not create Nigeria, man did. And this man's creation can't work
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Hushpuppy20(m): 8:00am On Sep 21, 2024
Haaaa o ma se ooo 😒😔😌, mi o si ayewa ilu ni mo shi yan.
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by chatinent: 8:00am On Sep 21, 2024
While his wife, Remi, has already spent some ₦600m on nonsense but tells Nigerians to grow vegetables.
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by CHIOMAEZEH:
I get my own fuel free of charge for 3 reasons

I am APC

I am CHOSEN

I am BATified



https://www.youtube.com/watch?v=qMHu7R-YrKs
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Confirm4real(m): 8:01am On Sep 21, 2024
Take note: Tinubu acknowledge there's hardship cheesy
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by ecomalchemistt(m): 8:01am On Sep 21, 2024
Tinubu is working
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Seefinish: 8:01am On Sep 21, 2024
Tinubu's government will come to an end soon not by coup but by divine decreed for the mouth of the Lord has spoken
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Wiseman2y(m): 8:02am On Sep 21, 2024
Elo fokan bale. A ma gbe WA le . Tinubu is a buffon
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by makavalley(m): 8:02am On Sep 21, 2024
I'm BATfied🤣🤣 it will Favour me and my Family 🤣🤣 on Tinubu Mandate will stand how far are you managing your arthritis 🤣🤣🤣 are you still standing on his mandate ? Guess you guys are buying it differently 🤣🤣🤣 .. una never see anything yet. ..
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Lovenorth: 8:02am On Sep 21, 2024
This is just a tip of the iceberg of what awaits Nigerians under this satanic administration
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Christ4ever: 8:02am On Sep 21, 2024
Brendaniel:
Can you just imagine for a second that it was Peter Obi that was president and all these in Nigeria were happening?

The insults and attacks the Igbos would have received, the hate and narrative that would have been heaped upon the Igbos, now it is Tinubu a Yoruba man, the whole country is quiet...
Are you sure the whole country is quiet?

Maybe on the streets and some key public figures but social media isn't quiet.

Unlike in 2012, the Youth have taken solace in content creation. The hunger and anger is being converted to skits and money making.

The day Meta, Tiktok, YouTube permanently demonetize their platforms for Nigeria is when you will know the true level of anger in the land.
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Emperormartin(m): 8:02am On Sep 21, 2024
Nigeria government is even championing the October 1st protest
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by cjudy(m): 8:03am On Sep 21, 2024
Which 1,100.

Nigerians buy fuel at minimum of 1200 or 1300

Tpain on the beat
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by tspun(m): 8:04am On Sep 21, 2024
Here is 1250
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by tunjijones(m): 8:04am On Sep 21, 2024
I bought 995 yesterday, I just dey vex all through the day.

God go punish Tinubu and hin government.
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by BigBrother9ja:
Okay


First DANGOTE just want to do monopoly...

2, DANGOTE fuel is not pure...

3, DANGOTE is selling higher at 822 per litre
But remember they also said ( PETROL LANDING COST WITHOUT SUBSIDY IS ₦1,200 )

4 AND NOW,
DANGOTE REFINERY CAPABLE OF 650,000 BARREL PER DAY IS NOT ENOUGH FOR NIGERIA AND NNPC CABALS STILL HAVE TO IMPORT... INTERESTING...

No one is even talking about other refineries again and how NNPC is the major problem of this country...
No one is talking about daily stealing and oil bunkering of government, military and paramilitary officials daily...

With all these bastarɗs alive, even with 10 functional refineries, IT WILL STILL NOT BE ENOUGH AND THESE SKINKS WILL STILL ASK TO IMPORT JUST TO STEAL MORE...

WE NEED ACTIVE AND "ETHICAL" HIRED ASSASSINS IN THIS COUNTRY...

If some bastarɗs milking this country are not brutally kpaid, this country can never progress...
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by TM024(m): 8:05am On Sep 21, 2024
I bought at 1230 ytd afternoon inside Napel
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by FeministSlayer(m): 8:05am On Sep 21, 2024
Those of that own more than one car... sad
Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by EyeCumInPiss: 8:06am On Sep 21, 2024
Na devil deceive me to vote for this disaster called Tinubu.
Nigerians abeg make una forgive me. cry

Re: Fuel Price Hike: Nigerians Buy Petrol At N1,100 Per Litre by Judolisco(m): 8:06am On Sep 21, 2024
And most fueling stations still cheat you..... So if you're not buying full tank, you're buying at least a litre or two short
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