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Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi (9178 Views)

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Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Hussein035: 4:05pm On Mar 13
henkey:
Both the past and present Government doesn't know what Planing is all about. Their focus is LOOT,, LOOT, LOOT, for their Fifth Generation.
What is the benefit of Obi that did not plan his political career

How can he plan for almost 300 million people

Obi should contest for councilor abeg
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Yemimovich(m): 4:13pm On Mar 13
If he were referring to NNPCL, he's just bluffing as usual. It's no news. Not even him can revive it. Crooks are there.
But, if he were referring to Dangote who refines here, he's a dunce.

So, what's Obi's understanding about economy, politics and international trade based on diplomatic ties and trade formula
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 HoleLickerz: 4:16pm 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. The USA knows they have no control over the price and the only solution is for the Iran war to end one way or another. Which implies they have no plan to counter the higher prices of gas and diesel their citizens are currently experiencing.

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

20% of daily global supply is blocked fiam like that and you are talking of plan to cushion the effect. Lmaoooo. Pillow ni! If you don't getat ara here!
But Trump never plans.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Macphenson: 4:17pm On Mar 13
Kobicove:
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 a oil producing country same a 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!
You are the blind one here because you agbadorians have low IQ. Every country that have a refinery and crude oil is smiling to the bank today. Trump even said America is making more money as the crude prices are rising. Putin is the happiest President on planet earth today cashing out heavily. It's only in Nigeria that a situation that is a blessing to others becomes a curse. Trump just ordered for the release of 175 million barrels, IEA just ordered for the release of 400 million barrels, where is Nigerian reserve?

APC in their foolishness borrowed away the future of this country with oil that Dangote Refinery is buying crude from international market, yet low IQ people wants us to believe they are not the cause of our problem.

Rubbish.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by yommen: 4:33pm On Mar 13
Kobicove:
Keep quiet my friend, most countries in the world are also having the same problem!
The guy is so clueless! See his fans praising for his cluelessness.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by SkyBizzy(m): 4:33pm On Mar 13
ProudlyLagos:
grin 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
I like how Tinubu is teaching you tough lessons. Una never see anytin
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Ojuntana: 4:33pm 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. The USA knows they have no control over the price and the only solution is for the Iran war to end one way or another. Which implies they have no plan to counter the higher prices of gas and diesel their citizens are currently experiencing.

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

20% of daily global supply is blocked fiam like that and you are talking of plan to cushion the effect. Lmaoooo. Pillow ni! If you don't getat ara here!
Zombies are always quick to look for bad examples when the failure of their god is highlighted
What do you say of Saudi and the UAE where the war is really happening and petrol price has not moved an inch?
Even the US you are talking of, petrol price moved by just 30 cents, while Nigeria moved by N400.
Same in China, petrol price has remained relatively stable and hardly moved
You guys are always ready to defend failure as long as the man highlighting the failure is Obi and the man failing is your political god
This is shameful to say the least
Releasing strategic crude reserve is to cushion oil price. There is strategic petroleum reserve which is the over 400m barrels you referenced and then there is the strategic commercial inventory which is over 500m reserves. So cumulatively, the US alone has almost 1 billion in petroleum reserve. China actually has 1.5bn reserve while India having 250m and Russia about 124m
So you see, apart from failing countries like Nigeria, every serious country have reserves.
Writing in bold fonts does not make whatever you're writing sound smarter!
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by BlakKluKluxKlan(m): 4:34pm On Mar 13
Peter Obi's IQ is truly very low. He doesn't seem to think before he talks.
Why ?
Because for lack of planing he made small Anambra poorer by increasing inflation from 26.5 to over 60 percent.
For the same reason he failed to conduct LG elections for about 8 years, built no school or healthcare centre.
If he does not lack planing, he would've built Labour Party into a formidable group instead of fracturing a it and running away.
For his lack of planing he remains a wandering politician today
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by SkyBizzy(m): 4:36pm On Mar 13
seunmsg:
How do you plan for a Us war in Iran? Even America that started the war, are they not worse hit by the PMS price increment than Nigeria? Don't they have strategic reserve? Is Nigeria the only country affected? Tell your Peter Obi to shut up and stop talking nonsense.
How far with the hardship you're facing now?
Don't tell me you're exempted, cos you're obviously not. I know you'll lie to me now that everything is fine with you
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by SkyBizzy(m): 4:36pm On Mar 13
jamafa:
Oga!
Stop supporting rubbish

Shame no catch youhuh
How far with the hardship?
I know you'll pretend like everything is ok 🤣
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Nextjs: 4:46pm On Mar 13
yarimo:
So lack of planning made you to increase poverty rate in small anambra state as governor abi ?
If ur government plan then they should have storage of petroleum products that could last months to disrupt price increases like this
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by seunmsg(m): 4:49pm On Mar 13
SkyBizzy:
How far with the hardship you're facing now?
Don't tell me you're exempted, cos you're obviously not. I know you'll lie to me now that everything is fine with you
You want to send me money ni?
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Originalsly: 4:54pm On Mar 13
He should name a country that planned for the shock in prices and kept it down. The US knew they were going to start the war ....what plans did they make?....the price at the pump jumped immediately and continues to rise. Guy need to process first process his thoughts before opening his mouth.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by AMI3(m): 4:59pm On Mar 13
EponObi:
I no know say na garri Dangote dey fry for him refinery.
Chai, see response from one of APC miscreants.

Is there any refinery in Nigeria?

We suppose to be at the Mercy of dangote's refinery, abi?

Okay make una keep supporting the government.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by AMI3(m): 5:02pm On Mar 13
ProudlyLagos:
😂😂😂😂😁muuumu, which though lessons? Did I come to complain to you that I’m hungry or I’m can’t afford the basic things of life? I am a business owner and I have at least 4 people on my payroll and I have never had it so good like I do under this administration…….so you can continue crying on my behalf……Tinubu till 2031 grin
Chai see whyning.
Omor fear who no fear APC supporters.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by fitinwell: 5:03pm On Mar 13
Segunbabba:
https://punchng.com/lack-of-planning-behind-nigerias-fuel-price-hikes-peter-obi/
What would you have done differently?

All of you are the Same...

Go and Fix South East first...

You know Nigeria is too complex for this blaming game..

You wouldn't have done any better..
So meshunu.. biko...!?
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by thedio(m): 5:05pm 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.
Do we have shortages of petroleum products?
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Patojargz: 5:08pm On Mar 13
Make Ona Dey call Obi Dey go! Is like all is well with you pipo… Those supporting evil will surely get drown by it. Just a matter of time
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by thedio(m): 5:13pm On Mar 13
Macphenson:
You are the blind one here because you agbadorians have low IQ. Every country that have a refinery and crude oil is smiling to the bank today. Trump even said America is making more money as the crude prices are rising. Putin is the happiest President on planet earth today cashing out heavily. It's only in Nigeria that a situation that is a blessing to others becomes a curse. Trump just ordered for the release of 175 million barrels, IEA just ordered for the release of 400 million barrels, where is Nigerian reserve?
lol. Do u think Nigeria is crying to bank.

APC in their foolishness borrowed away the future of this country with oil that Dangote Refinery is buying crude from international market, yet low IQ people wants us to believe they are not the cause of our problem.

Rubbish.
Lol do u think Nigeria is crying to bank
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by grandstar(m): 5:18pm On Mar 13
It is either Obi is unknowlegable about how crude oil prices work or is being a hypocrite like Tinubu who fought against the removal of the petrol subsidy in 2012.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Montana23: 5:22pm On Mar 13
I use to support everything about this man. E no dey rate himself...I prefer him than my same tribe president,,,but he literally fucking up saying shit what plan is their for fuel price hikeshuh
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Laple0541(m): 5:22pm 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.
So you think the developed countries and the rest of the world that are lamenting on the consequences of blocking the Stait of Hormuz by Iran does not know how to store the product? If he advises against over dependence on oil, it would have even been a better advice than what he was saying. He only likes to play to the gallery and lacks practical solutions to crisis.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by BabaO2: 5:42pm On Mar 13
This illiterate should just keep quite jor..., a zero behaving like a hero. If he's so good or even above average, why is anambra that he governed for 8 years was not among the top 5 most prefered state to live in Nigeria during his tenure?
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by bewla(m): 5:47pm On Mar 13
givedemwotowoto:
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?
I ask but if you want to turn the table

Then good he lay the tamplet which is call blue print for others to excel

I benefit from his lasumbeb
That rebuild school and transform the exiting once to a more modern ones

Start the transformation of road transportation in Lagos

And introduced lawma and many other things
One day governor for the best student among the junior schools

Jigi bola for the old and young who have eye problems
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Pinklada: 5:58pm On Mar 13
Segunbabba:
https://punchng.com/lack-of-planning-behind-nigerias-fuel-price-hikes-peter-obi/
This clown will deny that the petrol price increments was a global increment n caused by Us n Iran conflict
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by axponline: 5:59pm On Mar 13
This guy just talks for the sake of talking. The price hike in petrol affects many countries. Even in the US, petrol has increased by $1 per gallon. No one is blaming the govt. Market forces are determining the price.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by MOTIONTECH(m): 6:00pm On Mar 13
See you peoples President chaii🤣🤣, I don't expect much from a man that answers every question with "I don't have a house in Abuja"
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by EponObi(f): 6:13pm On Mar 13
Ojuntana:
Zombies are always quick to look for bad examples when the failure of their god is highlighted
What do you say of Saudi and the UAE where the war is really happening and petrol price has not moved an inch?
Even the US you are talking of, petrol price moved by just 30 cents, while Nigeria moved by N400.
Same in China, petrol price has remained relatively stable and hardly moved
You guys are always ready to defend failure as long as the man highlighting the failure is Obi and the man failing is your political god
This is shameful to say the least
Releasing strategic crude reserve is to cushion oil price. There is strategic petroleum reserve which is the over 400m barrels you referenced and then there is the strategic commercial inventory which is over 500m reserves. So cumulatively, the US alone has almost 1 billion in petroleum reserve. China actually has 1.5bn reserve while India having 250m and Russia about 124m
So you see, apart from failing countries like Nigeria, every serious country have reserves.
Writing in bold fonts does not make whatever you're writing sound smarter!
Thank God you mentioned gas is up 30c in the US, even though your figure is wrong. Gas has increased by 50–65c since the war started. Convert the 400 naira increase in Nigeria to cents and let's see what's up.

Also gas price has increased in China, India, UAE that you mentioned. Check your figures before coming to lie here. Only in Saudi is the price stabled because it is being subsidized by Aramco. Last I checked, Nigeria has stop fuel subsidy.

If the USA and GCC's 400m barrels of SPR can't tame price, tell me what can. If that Iran war doesn't stop, we shall see what impact they will have in the next 1-4 months. I even thought you would be smart enough to come in through the subsidy angle... but alas.


20% of the world's daily supply is gone and you are coming here to talk about SPR. The worst we've ever witnessed in history is a 5m barrels daily shock; price wasn't tamed then. Is it now that we have a 20m shortage that it will be tamed? You probably know better than Trump who has accepted the higher gas price.

BTW, Nigeria has a SPR, with plans created in 2025 by the NMDPRA to boost it, somewhat modeled after the US system. Our current reserve will last about 30 days. Can you stop the lies already? Linus!

Choke on this bold text too.
Re: Lack Of Planning Behind Nigeria’s Fuel Price Hikes — Peter Obi by Misterone: 6:25pm On Mar 13
Segunbabba:
https://punchng.com/lack-of-planning-behind-nigerias-fuel-price-hikes-peter-obi/
Obi is talking as if he's not a business man! Even if a business man has old stock on ground, when price rise, he has to increase the price of his stock. This is because he has to go to the market to restock at the new price. Where will the money for the increase come from?
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