Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi - Politics (4)

Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi (9151 Views)

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by FatherLord: 2:47pm On Mar 13

I hope you know many of those supporting the hardship APC is inflicting on Nigerians are their paid agents?. If you like let them confuse you. They are on salary just to write on SM so that people with organic opinions can be silenced or discouraged from commenting.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by AMI3(m): 2:51pm On Mar 13

EponObi:
This guy will just open mouth anyhow to say rubbish. He never says anything reasonable about our issues. Always vague without substance.

He knows nothing. Nothing about this country. Nothing about geopolitics.

How does a nation prepares for external shock from a war in far away Iran?

The hike in gas and diesel in the US is because of lack of planning too?

This same war is causing the price of urea (fertilizer) to spike all over the world, na lack of planning too?

For someone who advertises himself as a market-to-market businessman, he knows nothing about supply and demand.

LNG spiking over 90% in Europe since the war started, na lack of planning too?

If you ask him how he would have planned if he was president, na rubbish him go talk too.

This dude is nauseating. Tueh!

How can Nigeria insulate herself from global shocks like this when no be say na we dey set price of oil or control price of oil? Maybe we should exit OPEC and start drinking our oil. Mtchew!

+++++++
REJOINDER TO THOSE REPLYING ME WITH STRATEGIC RESERVE: 👇

Again, your Obi is nauseating.

Even the USA with the largest government owned Strategic Petroleum Reserve, currently at 413m barrels capacity is greatly affected by the global oil hike.

Below is Trump himself saying he's fine with oil prices. Even the USA knows they have no control the price and the only solution is for the conflict to end one way or another.

Again, you Obi is nauseating and isn't fit to be captain of a primary school class.

What stops Nigeria from refining their oil?
Even lithium that we at our backyard are still taking out and process it and sold it back to us.
To my best of knowledge this country is bless. How can we be importing fuel? Just tell me one reason we should import fuel?

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by profmallor: 2:53pm On Mar 13

Oga talk is cheap, yet underneath your leadership, LP imploded, and you could not apply a bit of the strategic planning you speak about.

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Kobicove(m): 2:57pm On Mar 13*

Macphenson:
You should be the one to keep quite. There is no oil producing country that is having this challenge. Nigeria should have been cashing out now if there has been proper planning.

Countries are releasing their reserves, where is Nigerian reserve. APC used the oil to borrow loans which they recklessly looted, today the chicken has finally come home to roast.

Some of you will just come here and start arguing on topics you know nothing just because you want to criticize the government.

Is it only Nigeria that is being affected by the global disruption of crude oil supply chain due to the ongoing Iran-Israel/USA war?

The UK is an oil producing country yet prices of refined petroleum products has gone up in the country, the same thing has happened in the USA which is also an oil producing country same in Norway, Angola, Libya etc.

Before you start arguing blindly because you want an excuse to criticize Tinubu's government, first go and do a thorough research!

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Omoboricash(m): 2:58pm On Mar 13

Kemetian:
But oil is now $100 a barrel on the international market. Prices are up in America which has far more oil than Nigeria.

Prices are rising in every country regardless of whether countries are releasing oil from their reserves or not.

Peter Obi is so ignorant.

I wonder what village school he attended.

What do you expect from third class graduate. He knows nothing expect cho cho without substance.
Ask him what does he undeestand by green energy, u will see him stammering and calling interviewer name repeatedly.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Jomonix: 2:58pm On Mar 13

ajalawole:
hope you also know crude price not always stable too. So who will take up the lost if crude price crash down. Even if it's stored will still be sold with the correct market price.

I think you agree that price is dependent on demand and supply. The more available your product the lower the price

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Omoboricash(m): 3:00pm On Mar 13

Christmyhope:
I don't like people who often play to the gallery. I often asked ' what is your own economy policies for the country?"

If the present government is doing badly, what are your plans?

If you ask him the question one on one , u will see him caling ur name christmy hope repeatedly without saying anything meaningful.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by bewla(m): 3:00pm On Mar 13

givedemwotowoto:
Tinubu government has failed in everything essential a nation needs from leadership:
— Security
— Economy
— Jobs
— Strategic Planning

The only thing they’re good at is image laundering and propaganda. I’m glad Nigerians are beginning to speak out and publicly reject them.

The other day a Lagosian collected their welfare package and said she’ll still vote against them because she can’t mortgage the future of her children over food

They have impoverished millions, Nigeria now has more poor people than the most populous country in the world (India), and then the government is dangling food at them for politics

We forgot easily

How many millionaires did this make made when he was the governor

How many programs did he creat that's still working

How has anambra benefits from is 8 years and after

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by WizardOfNG: 3:02pm On Mar 13*

Jomonix:
What Obi is saying is that we should store petroleum products strategically so during period of scarcity the stored products can be released. This way the price fluctuation can be better managed. I see nothing wrong in that. He is saying the truth. Let us learn to accept the truth because it is constant no matter who is saying it.

He is talking garbage. One of the reason Nigeria is failing is lack of fiscal, policy and regulatory discipline and integrity that keeps the most ethical and progressive investors away from our nation.

This has gone on for over 50 years now. We do crap like printing trillions (Buhari) and commit policy somersault that makes the world understand we cannot be trusted with the type of huge investment that will make foreign financiers very wealthy but will develop Nigeria into an enviously succesful nation, precisely same way Singapore did it, to then see us become the meritorious giant and pride of Africa.

Lee kuan Yew of Singapore did a lot to show the international community that Singapore was ready to be a nation with policy integrity deserving the confidence of investors from every corner of the Earth.

We have wooed the world our oil and gas sector is now completely deregulated and private-sector driven plus ready to accept investment from anyone/entity from any nation of the world.

Meaning we have committed to letting market forces play out to protect investors.

What good are we doing to our capacity to attract and retain socio-economically crucial and definitive FDI inflow, that transformed the likes of Singapore into developed nations, if we show we cannot maintain national policy discipline global market require as sacrosanct to viewing nations as A-grade destination of substantial and transformative FDI?

It is this consideration, that Tinubu and his economic team know most Nigerians will never understand, that has prompted the FG to be silent making any announcement on rising PMS price while the dullardly Obi is being mischievous over an issue that requires all Nigerian patriots to support what is best for Nigeria.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Parachoko: 3:03pm On Mar 13

amazinghomez09:
You cant make a reasonable argument without calling names that shows the kind of person you are.
Continue destroying your country cos of half bag of rice and 30k monthly data stipend
Ego soon clear for your eyes..hungry thing

Where do this ignorant and hypocrite crawl out from?

So you didn't cry about the comment I quoted

SkyBizzy:
What do u mean by hypocritical statement please?
You guys should stop supporting rubbish Pls.

You left the person who attacked me but crying because I defended myself

Shameless Hypocrite

I know the geopolitical zone hypocrites like you are from.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by WiseBizInvestor(f): 3:11pm On Mar 13

But every country in the world has their oil reserves including Nigeria, which is what I assume you're referring to. The main problem here is that oil price is usually dependent on the globally fixed price of crude in the international market because that's what is refined to produce petroleum oil and other derivatives... And the current USA/Israeli war against Iran is what has recently triggered the price of crude because Oil vessels are not able to sail across the strait of Hormuz. The countries where prices haven't increased in recent times based on this war are those government who have one form of subsidy or the other to maintain at old price in order to cushion the effects on her citizens

Jomonix:
What Obi is saying is that we should store petroleum products strategically so during period of scarcity the stored products can be released. This way the price fluctuation can be better managed. I see nothing wrong in that. He is saying the truth. Let us learn to accept the truth because it is constant no matter who is saying it.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by WizardOfNG: 3:13pm On Mar 13

PigTormentor:
This clown has to be the worst, most dishonest politician ever. He's just spewing garbage for his gullible cult followers. Just imagine the diatribe from a man that's clueless and incompetent at every level.

He is. A repellent, bigoted and unscrupulous individual who leaves a bad taste in the mouth of progressive Nigerians always.

Yes leaders can play opposition politics all they want. It is normal globally. Yet, globally, you will see all genuinly responsible and well-meanin leaders, ruling or in opposition, form consensus always in the interest of what is best for their people.

Obi has never ever done that. He speaks always as if he has no interest in what is important for Nigerians and only wishes to demarket the government in power with anything and everything.

He can never support what is in the greater interest of Nigeria merely because he is a malevolent, duplicitous, devious and toxic individual who has zero clue of what genuine leadership entails as his time as Governor of Anambra proved.

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by UrVillageChief: 3:15pm On Mar 13

zegxy:
Continue typing bladderdash
World's luckiest president that is afraid to stand a fair and transparently conducted elections. After buying the Govs to his side, he's still afraid but he's claiming to have the majority behind him.
Your eyes go soon clear when the votes of the suffering masses will speak in the forthcoming election

You said more than this in 2023 grin

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by princeamehjosep: 3:16pm On Mar 13

Mr planner🤣🤣🤣🤣

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by lapintoz: 3:17pm On Mar 13

Oponu eda....must everything be about politics. Na poor planning made Trump to attack Iran.

This guy is now sounding like a broken record. But I get, he needs to say jargons to keep his followers active.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Memphis357(m): 3:19pm On Mar 13

madridguy:
Yes daddy will never stop doing cho cho cho

And you will never stop cho Cho Cho nonsense

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by EponObi(f): 3:25pm On Mar 13

AMI3:
What stops Nigeria from refining their oil?
Even lithium that we at our backyard are still taking out and process it and sold it back to us.
To my best of knowledge this country is bless. How can we be importing fuel? Just tell me one reason we should import fuel?

I no know say na garri Dangote dey fry for him refinery.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by TechBaron: 3:27pm On Mar 13

I only read about this fuel thing on the Internet.

Here, there has been no increase in fuel prices and transport fares.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by givedemwotowoto: 3:30pm On Mar 13

bewla:
We forgot easily

How many millionaires did this make made when he was the governor

How many programs did he creat that's still working

How has anambra benefits from is 8 years and after

You and who forgot easily? You people will credit Tinubu for work that governors after him did, what did he do? Using your logic, we should credit Tafawa Balewa and Zik with any success or failure of all Presidents till date. Why do Lagos people not like him if he really worked for them?

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Timmi: 3:30pm On Mar 13

Oga Peter Obi, the hike in fuel price is worldwide and has nothing to do with planning or lack thereof. I thought you are well travelled and living on planet Earth, if so you would have been aware of the war and the cause of the fuel price hike. I forgot that Politicians have a different kind of mindset.

All we know is that a new Nigeria is imPOssible with Peter Gregory Obi.

Segunbabba:
https://punchng.com/lack-of-planning-behind-nigerias-fuel-price-hikes-peter-obi/

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by BlakKluKluxKlan(m): 3:31pm On Mar 13

givedemwotowoto:
Tinubu government has failed in everything essential a nation needs from leadership:
— Security
— Economy
— Jobs
— Strategic Planning

The only thing they’re good at is image laundering and propaganda. I’m glad Nigerians are beginning to speak out and publicly reject them.

The other day a Lagosian collected their welfare package and said she’ll still vote against them because she can’t mortgage the future of her children over food

They have impoverished millions, Nigeria now has more poor people than the most populous country in the world (India), and then the government is dangling food at them for politics

Bunkum

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by ibedun: 3:39pm On Mar 13

Sheuns:
Tinubu increased poverty rate in Nigeria by 63% when he removed subsidy.

Just as he increased poverty rate in Lagos by 69% when he was governor.

Say something else.

Can Your country afford to keep borrowing in dollars to pay subsidies to importers and all sorts of charlatans and fraudsters in the oil industry including fraudulent international banks?

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by VanuatuWycombe: 3:40pm On Mar 13

Jomonix:
Sensible countries have strategic reserves of refined petroleum products. The USA have the SPR (Strategic Petroleum Reserve) and they have released 172 million barrels two days ago to manage market volatility. You people will shoot down anything because you dislike the messenger not that the message is not right. This is the key problem of Nigeria. That's why we have not got it right in leadership.

We too have reserves, in private hands.

With ‘sensible’ US that has reserves, is the reserve being sold to Americans at cheaper price?

Go and check how much a litre of fuel is being sold.

Countries that are expecting war or other natural disasters are the ones that can keep buffers that will last over a year.

Our fuel too are kept to last months before other shipments come.

Petrol is not a scarce commodity and its supply is not seasonal.

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by ibedun: 3:41pm On Mar 13

My toilet smells better than this Agulu Charlatan- the groundnut candidate 🤬

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by franvincoop: 3:44pm On Mar 13

Thank God you said most, not all.
I will give you an example which is not so far fetched from our neighbor Cameroon.

There is a state owned company there called SCDP Cameroon.
You can Google it.

This company holds a 1 year stock of strategic reserves of refined petroleum, diesel, kerosene, LPG, aviation fuel for the whole of Cameroon.

So tell me, do you think the price of petrol will increase right now in Cameroon due to the war in Iran?
The answer is no, the pump price of fuel will only increase if the war in Iran lasts for atleast 1 year because that old stock is what is being sold locally now at the same price as on 1st January this year, the strait of Hormuz has nothing on Cameroon, they can keep it closed even till December, Cameroon will not be affected.
Paul Biya inorder to conserve power is wary of anything that will cause a degradation in the economy and lifestyle of citizens which can be exploited by the West to forment mass protests and regime change, that is why SCDP was created since 1979.

This is what Nigeria needs to copy to prevent external shocks from disrupting the Nigerian economy, causing galloping inflation and increasing pressure on the naira.

Kobicove:
Keep quiet my friend, most countries in the world are also having the same problem!

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by ibedun: 3:44pm On Mar 13

givedemwotowoto:
Tinubu government has failed in everything essential a nation needs from leadership:
— Security
— Economy
— Jobs
— Strategic Planning

The only thing they’re good at is image laundering and propaganda. I’m glad Nigerians are beginning to speak out and publicly reject them.

The other day a Lagosian collected their welfare package and said she’ll still vote against them because she can’t mortgage the future of her children over food

They have impoverished millions, Nigeria now has more poor people than the most populous country in the world (India), and then the government is dangling food at them for politics

The Agulu charlatan will come to power and magically solve the problems we have had for over 50 years?

How will he do it? The incoherent stammering groundnut pricer can hardly explain or articulate himself especially in that deep Agulu hinterland accent. God forbid bad rubbish. 🤬

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by franvincoop: 3:48pm On Mar 13

Let me add to your explanation here with an example which is not so far fetched from our neighbor Cameroon.

There is a state owned company there called SCDP Cameroon.
You can Google it.

This company holds a 1 year stock of strategic reserves of refined petroleum, diesel, kerosene, LPG, aviation fuel for the whole of Cameroon.

So tell me, do you think the price of petrol will increase right now in Cameroon due to the war in Iran?
The answer is no, the pump price of fuel will only increase if the war in Iran lasts for atleast 1 year because that old stock is what is being sold locally now at the same price as on 1st January this year, the strait of Hormuz has nothing on Cameroon, they can keep it closed even till December, Cameroon will not be affected.
Paul Biya inorder to conserve power is wary of anything that will cause a degradation in the economy and lifestyle of citizens which can be exploited by the West to forment mass protests and regime change, that is why SCDP was created since 1979.

This is what Nigeria needs to copy to prevent external shocks from disrupting the Nigerian economy, causing galloping inflation and increasing pressure on the naira.

Jomonix:
What Obi is saying is that we should store petroleum products strategically so during period of scarcity the stored products can be released. This way the price fluctuation can be better managed. I see nothing wrong in that. He is saying the truth. Let us learn to accept the truth because it is constant no matter who is saying it.

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by ProudlyLagos: 3:50pm On Mar 13

Sheuns:
Tinubu increased poverty rate in Nigeria by 63% when he removed subsidy.

Just as he increased poverty rate in Lagos by 69% when he was governor.

Say something else.

where is the verifiable stats to prove your claim? Because the last i checked , Lagos is the 5th largest economy in Africa and all that was made possible by Tinubu who reformed the tax and revenue systems in Lagos which as made Lagos the destination of economic migrant from failed and deprived regions and that can’t be said about bitter obi in his 8 yrs of failed leadership in tiny Anambala grin

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by givedemwotowoto: 3:52pm On Mar 13

ibedun:
The Agulu charlatan will come to power and magically solve the problems we have had for over 50 years?

How will he do it? The incoherent stammering groundnut pricer can hardly explain or articulate himself especially in that deep Agulu hinterland accent. God forbid bad rubbish. 🤬

So you’re telling Nigerians to be stuck with the worst President in Nigeria’s history just because you’re scared someone you hate being President? Unfortunately for you most Nigerians don’t agree

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by ProudlyLagos: 3:56pm On Mar 13

SkyBizzy:
What do u mean by hypocritical statement please?
You guys should stop supporting rubbish Pls.

what was bitter obi score card and legacy project we can still point out to today in anambala? Or what is your own definition of rubbish? You all want to bully everyone else into supporting a bad market like bitter obi, that will never happen and the few gullible ones that bought into his lies and propaganda won’t be making that mistake again come 2027 grin

Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Justnation: 3:57pm On Mar 13

tinubu is destruction and destabilization personified.
What tinubu touched he destroyed.
Nigeria has suffered greatly under tinubu's poor government.

There is hope, because PETER OBI is taking over in 2027. Let's make it happen through our votes.

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