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Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsShocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . (4503 Views)

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Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 10:56am On Oct 24, 2024
### Editorial: The Burden of Rising Fuel Costs on Nigerians

In recent months, Nigerians have faced unprecedented challenges due to the removal of fuel subsidies by the Tinubu administration. The decision, which saw petrol prices soar from ₦150 to ₦1,300 per liter, has had a profound impact on the daily lives of citizens. The government's subsequent recommendation to switch to Compressed Natural Gas (CNG) as a more affordable alternative initially seemed like a viable solution. However, the recent hike in CNG prices from ₦200 to ₦450 per cubic meter has left many feeling betrayed and frustrated.

The removal of the petrol subsidy was justified by the government as a necessary step towards economic stability and reducing the fiscal burden. However, the abrupt and steep increase in fuel prices has exacerbated the cost of living crisis, pushing more Nigerians into poverty. The promise of CNG as a cheaper and cleaner alternative was a beacon of hope for many. Yet, the sudden price hike in CNG has dashed these hopes, leaving citizens to grapple with the harsh reality of skyrocketing energy costs.

This situation highlights a critical disconnect between policy decisions and the lived experiences of ordinary Nigerians. The government's failure to anticipate and mitigate the adverse effects of these price hikes reflects a lack of sensitivity and foresight. The burden of these decisions falls disproportionately on the most vulnerable, who are already struggling to make ends meet.

Moreover, the infrastructure required to support a widespread transition to CNG is still underdeveloped. The cost of converting vehicles to run on CNG, coupled with the limited availability of conversion centers, poses significant barriers to adoption. Without substantial investment in infrastructure and subsidies to offset conversion costs, the push towards CNG remains an unfulfilled promise.

In light of these challenges, it is imperative for the government to take immediate action to alleviate the burden on its citizens. This could include re-evaluating the pricing structure for both petrol and CNG, providing targeted subsidies for the most vulnerable, and accelerating the development of CNG infrastructure. Additionally, transparent communication and engagement with the public are crucial to rebuilding trust and ensuring that policy decisions are both fair and effective.

The current situation serves as a stark reminder of the need for policies that are not only economically sound but also socially equitable. As Nigeria navigates this complex transition, the voices and needs of its citizens must remain at the forefront of decision-making. Only through a compassionate and inclusive approach can the country hope to achieve true economic stability and social justice.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Ebubu: 10:58am On Oct 24, 2024
When Nigerians adopt it en masse.

It will not sell less than 600 naira.

Still fuel will be double of it because fuel is around 1200.

Still cheaper.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Ikaeniyan0: 11:03am On Oct 24, 2024
Curious345:
### Editorial: The Burden of Rising Fuel Costs on Nigerians

In recent months, Nigerians have faced unprecedented challenges due to the removal of fuel subsidies by the Tinubu administration. The decision, which saw petrol prices soar from ₦150 to ₦1,300 per liter, has had a profound impact on the daily lives of citizens. The government's subsequent recommendation to switch to Compressed Natural Gas (CNG) as a more affordable alternative initially seemed like a viable solution. However, the recent hike in CNG prices from ₦200 to ₦450 per cubic meter has left many feeling betrayed and frustrated.

The removal of the petrol subsidy was justified by the government as a necessary step towards economic stability and reducing the fiscal burden. However, the abrupt and steep increase in fuel prices has exacerbated the cost of living crisis, pushing more Nigerians into poverty. The promise of CNG as a cheaper and cleaner alternative was a beacon of hope for many. Yet, the sudden price hike in CNG has dashed these hopes, leaving citizens to grapple with the harsh reality of skyrocketing energy costs.

This situation highlights a critical disconnect between policy decisions and the lived experiences of ordinary Nigerians. The government's failure to anticipate and mitigate the adverse effects of these price hikes reflects a lack of sensitivity and foresight. The burden of these decisions falls disproportionately on the most vulnerable, who are already struggling to make ends meet.

Moreover, the infrastructure required to support a widespread transition to CNG is still underdeveloped. The cost of converting vehicles to run on CNG, coupled with the limited availability of conversion centers, poses significant barriers to adoption. Without substantial investment in infrastructure and subsidies to offset conversion costs, the push towards CNG remains an unfulfilled promise.

In light of these challenges, it is imperative for the government to take immediate action to alleviate the burden on its citizens. This could include re-evaluating the pricing structure for both petrol and CNG, providing targeted subsidies for the most vulnerable, and accelerating the development of CNG infrastructure. Additionally, transparent communication and engagement with the public are crucial to rebuilding trust and ensuring that policy decisions are both fair and effective.

The current situation serves as a stark reminder of the need for policies that are not only economically sound but also socially equitable. As Nigeria navigates this complex transition, the voices and needs of its citizens must remain at the forefront of decision-making. Only through a compassionate and inclusive approach can the country hope to achieve true economic stability and social justice.
Where's your source?
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by proff010: 11:03am On Oct 24, 2024
That was how they deceived us from using kerosene to gas.
I remember buying gas at second coming gas station along cmd road magodo at the rate of 200-220 per kg some years ago. Now 1kg is 1500.
Trust any government at your own peril.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by pyyxxaro: 11:04am On Oct 24, 2024
T-pain I trust you like NEPA , please give them the REMIX


TORTURE THEM MORE , GIVE THEM T-PAIN PRO MAX



SAI YEKINI AMODA


YEKINI till 2041
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 11:04am On Oct 24, 2024
Ikaeniyan0:
Where's your source?
Walk into the nnpc CNG refill station anywhere in Abuja for on the spot confirmation .

I will owe you ₦50,000 if I am wrong
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 11:06am On Oct 24, 2024
CNG is a free gas and infact a byproduct of crude oil exploration . Most of the times it's allowed to freely burn into the atmosphere. It's actually a waste .



For mortgaging our security by installing CNG tank in our trunk , this evil junta shouldn't ingnite a flame with this incessant and childish Increase
Ebubu:
When Nigerians adopt it en masse.

It will not sell less than 600 naira.

Still fuel will be double of it because fuel is around 1200.

Still cheaper.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Ikaeniyan0: 11:08am On Oct 24, 2024
Curious345:
Walk into the nnpc CNG refill station anywhere in Abuja for on the spot confirmation .

I will owe you ₦50,000 if I am wrong
I'm in Lagos

That's why am asking you for your source
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 11:11am On Oct 24, 2024
Ikaeniyan0:
I'm in Lagos

That's why am asking you for your source
Ask anyone who uses CNG in Abuja . And let us know what they told you .

Nipco sells for ₦230 for cars and ₦390 for trucks in Lagos . Nnpc sells for ₦450 for cars in Abuja and higher for trucks .

All the Nnpc does is to make life unbearable
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by wordsNOTswords(m): 11:29am On Oct 24, 2024
I'm in Abuja and I never get car but what I will do is that I will go to the nearest filling station and confirm if this news is actually true and then come back here to update you guys on this platform .



But before that, I need to sell off this property asap
My buyer fit be you right now reading this.

I have a Used like new 30KVA lister Generator up for sale. 30kva
Call for serious business

Price is 3.9 Million

09069254522
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Ebubu: 11:32am On Oct 24, 2024
Curious345:
CNG is a free gas and infact a byproduct of crude oil exploration . Most of the times it's allowed to freely burn into the atmosphere. It's actually a waste .



For mortgaging our security by installing CNG tank in our trunk , this evil junta shouldn't ingnite a flame with this incessant and childish Increase
Electrical vehicles are safer. Don't know why they didn't channel all that money into it.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by helinues: 11:33am On Oct 24, 2024
9ja pattern

And as gravity no dey work for Nigeria, price of goods that go up no dey come down
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Ebubu: 11:34am On Oct 24, 2024
proff010:
That was how they deceived us from using kerosene to gas.
I remember buying gas at second coming gas station along cmd road magodo at the rate of 200-220 per kg some years ago. Now 1kg is 1500.
Trust any government at your own peril.
Gas simply increased with dollar.

We should do everything to stop dollar rising. That's the main thing driving inflation.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Seefinish:
Ekpekekpe.
T. Pain is inflicting pains on Nigerians anyhow without mercy.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Newsmills: 12:04pm On Oct 24, 2024
The first family has investment and interest in the updraft of fuel to cng tree of life scheme,not that concerns are to support the masses.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Devecchio: 12:08pm On Oct 24, 2024
Our evil leaders are clueless and confused SMH 🤔
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by BlackfireX: 12:24pm On Oct 24, 2024
You see that CNG by February will be sold 900



Just watch





Shege Pro max
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by CodeTemplarr: 12:37pm On Oct 24, 2024
Thats Nigeria for you. Open market idea is largely unfeasible in Nigeria. The players must unionize to inflate.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Bimpe29(m): 12:39pm On Oct 24, 2024
Renewed Shege cum hardship on rampage
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by fuckingAyaya(m): 1:16pm On Oct 24, 2024
2k by next year
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Kewtt: 1:43pm On Oct 24, 2024
Ebubu:
Electrical vehicles are safer. Don't know why they didn't channel all that money into it.
No.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by mytime24(f): 2:04pm On Oct 24, 2024
All
Promise
cancelled
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Bobloco: 2:14pm On Oct 24, 2024
Ebubu:
Gas simply increased with dollar.

We should do everything to stop dollar rising. That's the main thing driving inflation.
Unfortunately, one of the utmost task of this Tinubu government is to ensure that the dollar keep on rising
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 2:30pm On Oct 24, 2024
Are you even aware that in Abeokuta one liter of CNG is sold for ₦650?

Oh this is crazy 😧😧
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Curious345(op): 2:31pm On Oct 24, 2024
Anyone staying in Abeokuta cam confirm this right now . At GREEN FUEL ..ITS SOLD AT ₦650 PER LITER..

the iiiidiots who said it's ₦200, where are they now ?
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by samomoli: 2:43pm On Oct 24, 2024
Have said this before take kerosene and cooking gas as case study in Nigeria. It is just beginning
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Oguefi(m): 3:06pm On Oct 24, 2024
Everything in this country has frustrated me. I can't just bear the pains any longer
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Justnation: 3:28pm On Oct 24, 2024
They are luring people to CNG by the time people start using massively it will become very expensive.
Never trust anything tinubu is saying or doing
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Usmanovic95(m): 3:33pm On Oct 24, 2024
Curious345:
Are you even aware that in Abeokuta one liter of CNG is sold for ₦650?

Oh this is crazy 😧😧
Wait till they tell us they are about to remove subsidy on CNG.Na that time we go know it's real cost; yahoo government.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by Kelklein(m): 3:33pm On Oct 24, 2024
That didn't take long..

I remember when they asked everyone to stop using Kerosene and switch to LPG gas.. they were even dashing cylinders that time.

Now as they saw over 100million households using gas in Nigeria steadily, government found a cashcow.. it's been tax upon tax on Gas..

It's dog eats dog out here in Nigeria.
Re: Shocking news!! CNG has been Increased From ₦200 To ₦450 per liter In Abuja . by OkCornel(m): 3:55pm On Oct 24, 2024
Ghen Ghen…

Oppressors on the beat
1 2 Reply

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