Petrol Remains Pricey As Crude Crashes To $73 - Politics (2)

Petrol Remains Pricey As Crude Crashes To $73 - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Petrol Remains Pricey As Crude Crashes To $73 (7466 Views)

Poll: Tinubu needs to man up and tackle Dangote with the petrol pump prices as the Minister of petroleum.

Yes, he will. 35% (35 votes)

No, because Dangote is above the Law in Nigeria. 64% (64 votes)

This poll has ended

1 2 3 Reply (Go Down)

Re: Petrol Remains Pricey As Crude Crashes To $73 by Bimpe29(m): 3:08pm On Jun 25

When aptitude and attitude of a President who doubles as a Petroleum Minister are nasty, the result is naturally bad.

Re: Petrol Remains Pricey As Crude Crashes To $73 by Omenlon: 3:09pm On Jun 25

fredoooooo:
Federal Government time to deal with Dangote if he reufuse to bring the price down, it has reduced globally ...

some of you just open your mouth to talk anyhow. If e easy why don't you people build your refinery and fix whatever price you like.

Re: Petrol Remains Pricey As Crude Crashes To $73 by Tenses: 3:13pm On Jun 25

vislabraye:
.

We are in a deep sheet. Nigerians are too divided amongst themselves to do anything. If Peter Obi was in power and this sort of thing was happening, they would have called for his head.

Thank goodness tinubu happened. Lemme see any clown (especially from that side) that will talk rubbish when a change of government happens.

2 Likes

Re: Petrol Remains Pricey As Crude Crashes To $73 by Omenlon: 3:16pm On Jun 25

malali:

The president is also the official Minister of petroleum. He needs to come out and say something. If he is too busy for Nigerians. He needs to assign a capable person in that portfolio.

Nigeria needs policies on war pricing and not someone who will just stay quiet. All countries in the world are making statements and helping their citizens navigate the petrol situation.

oga rest. Our Oil marketers and Dangote are not different from other shylocks Nigerians. If You you are in their shoes you will do worse. We like taking advantage of each other in every giving opportunity.

Re: Petrol Remains Pricey As Crude Crashes To $73 by Blessedkingg: 3:17pm On Jun 25

😂😂😂😂😂😂😂😂😂😂😂😂,for una mind...Una dey think say dem send Una...😂😂😂😂

2 Likes

Re: Petrol Remains Pricey As Crude Crashes To $73 by Mathewrichard99: 3:21pm On Jun 25

What's this one talking about! Do you know your economy and government policy in regards to petroleum at all? Government removed subsidy. Yes but government didn't raise pump price during the war, it was the petroleum/refinery operators that did which we all understood then due to Iran War but presently, it's the operator too that needs to bring the price down just as the international crude oil price has falling and still falling......the policy of government of deregulation has given individual to import fuel product into the country as long as you have the requirements and sell at your preferred rate that would be profitable to you.....its a free market now unlike before....thats why I was asking you if you know the government policy on petroleum....

Tenses:
The tinubu government is all out to fleece the masses.

You hurriedly remove fuel subsidy. Just few hours into the USA/Iran war, you hurriedly raised pump price citing the war. Now the crude price has crashed yet you can bring down the price for fuel ⛽️.

Re: Petrol Remains Pricey As Crude Crashes To $73 by DatNiggaDaz: 3:22pm On Jun 25

Guestmale:
They may be claiming of not having new stock yet but still selling old stock,therefore let give them a week or two and pray the prices of crude oil remain stable. If the price now refuse to come down then the government should intervene immediately.

See creatures who gave the Nepa Bill darling daddy certificate holder 8 years after getting impatieent under GEJ " singing GEJ must go" only to blame thesame darling daddy when the failures of their present darling daddy the faaake certttifficcate hollldderr became glaring

You are now Patient for the criminals you snatched and grabbed while wailing amok over PO your nightmare

Re: Petrol Remains Pricey As Crude Crashes To $73 by malali(op): 3:23pm On Jun 25

Omenlon:
oga rest. Our Oil marketers and Dangote are not different from other shylocks Nigerians. If You you are in their shoes you will do worse. We like taking advantage of each other in every giving opportunity.

Speak for yourself.

Re: Petrol Remains Pricey As Crude Crashes To $73 by Guestmale: 3:26pm On Jun 25

DatNiggaDaz:

See creatures who gave the Nepa Bill darling daddy certificate holder 8 years after getting impatieent under GEJ " singing GEJ must go" only to blame thesame darling daddy when the failures of their present darling daddy the faaake certttifficcate hollldderr became glaring

You are now Patient for the criminals you snatched and grabbed while wailing amok over PO your nightmare

Politics and election loss should not make you economically blind.

Re: Petrol Remains Pricey As Crude Crashes To $73 by DatNiggaDaz: 3:31pm On Jun 25

Guestmale:
Politics and election loss should not make you economically blind.

It is now politics to you and a matter of election loss.

You see how I Held you in the corner where you can't escape. LegendHero you are begging and wailing for patience for your faaake certificate holder

2 Likes

Re: Petrol Remains Pricey As Crude Crashes To $73 by DatNiggaDaz: 3:31pm On Jun 25

Guestmale:
Politics and election loss should not make you economically blind.

LegendHero do you remember your darling daddy as the new Sheriff in town ? cheesy

2 Likes

Re: Petrol Remains Pricey As Crude Crashes To $73 by Ola3080(m): 3:33pm On Jun 25

We are not spending dollars. Misvote

Re: Petrol Remains Pricey As Crude Crashes To $73 by Ola3080(m): 3:35pm On Jun 25

We are not spending dollars $73. Misvote

Re: Petrol Remains Pricey As Crude Crashes To $73 by frog12: 3:40pm On Jun 25

all of them are scamming the public. even sapagote grin

Re: Petrol Remains Pricey As Crude Crashes To $73 by Guestmale: 3:41pm On Jun 25

DatNiggaDaz:

It is now politics to you and a matter of election loss.

You see how I Held you in the corner where you can't escape. LegendHero you are begging and wailing for patience for your faaake certificate holder

I'm not legendhero and you didn't hold me in any corner, you're free to enjoy your cruise, It's a free world but you can't bought a good at 20k and sold it for 15k. Your commercial teacher will need to ask you a lot of questions.

Re: Petrol Remains Pricey As Crude Crashes To $73 by esnbrutality: 3:46pm On Jun 25

Sharaaaaaaaaaaaaaaap.

If you dobt have anything meaningful to say...FEM! cool

Guestmale:
Politics and election loss should not make you economically blind.

2 Likes

Re: Petrol Remains Pricey As Crude Crashes To $73 by Guestmale: 3:49pm On Jun 25

esnbrutality:
Sharaaaaaaaaaaaaaaap.

If you dobt have anything meaningful to say...FEM!

That is the bitter truth you have to deal with it.

Re: Petrol Remains Pricey As Crude Crashes To $73 by Tenses: 3:55pm On Jun 25

Mathewrichard99:
What's this one talking about! Do you know your economy and government policy in regards to petroleum at all? Government removed subsidy. Yes but government didn't raise pump price during the war, it was the petroleum/refinery operators that did which we all understood then due to Iran War but presently, it's the operator too that needs to bring the price down just as the international crude oil price has falling and still falling......the policy of government of deregulation has given individual to import fuel product into the country as long as you have the requirements and sell at your preferred rate that would be profitable to you.....its a free market now unlike before....thats why I was asking you if you know the government policy on petroleum....

I understand that the oil industry has been deregulated. But the government has a duty to protect the citizens from dracula marketers and they have failed to do so.

1 Like

Re: Petrol Remains Pricey As Crude Crashes To $73 by esnbrutality: 4:03pm On Jun 25

Bitter truth?

Go sleep...you have brain fatigue. grin

Guestmale:
That is the bitter truth you have to deal with it.

1 Like

Re: Petrol Remains Pricey As Crude Crashes To $73 by malali(op): 4:06pm On Jun 25

Omenlon:
some of you just open your mouth to talk anyhow. If e easy why don't you people build your refinery and fix whatever price you like.

The citizens of Saudi,USA,Iraq,Iran didn't have to build refineries before getting appropriate prices.
They also have private refineries that are well regulated by the government. Building a refinery is not an automatic license to exploit Nigerians

Re: Petrol Remains Pricey As Crude Crashes To $73 by MrSly(m): 4:09pm On Jun 25

malali:
https://punchng.com/petrol-remains-pricey-as-crude-crashes-to-73/

Go and check, fuel pump price in Nigeria is always approximately equal to dollar exchange rate. So don't expect fuel pump price to crash.

Re: Petrol Remains Pricey As Crude Crashes To $73 by 3kay945(m): 4:21pm On Jun 25

henkey:
What ever that goes up in Nigeria, hardly comes down

I hate it when people say this. Are you happy or encouraging it?

We have to force this evil people to change or else they won't. Such statement is like acceptance of their evil ways..

Re: Petrol Remains Pricey As Crude Crashes To $73 by DatNiggaDaz: 4:28pm On Jun 25

Guestmale:
I'm not legendhero and you didn't hold me in any corner, you're free to enjoy your cruise, It's a free world but you can't bought a good at 20k and sold it for 15k. Your commercial teacher will need to ask you a lot of questions.

This is thesame mouth and tongue you used to hype your darling daddy disazter until your faaake certttifficcate hollldderr snatched and grabbed and you threw " body od*our Nepa Bill certificate holder under the Bus

How much were you buying that same good under GEJ cheesy

1 Like

Re: Petrol Remains Pricey As Crude Crashes To $73 by 3kay945(m): 4:30pm On Jun 25

Omenlon:
oga rest. Our Oil marketers and Dangote are not different from other shylocks Nigerians. If You you are in their shoes you will do worse. We like taking advantage of each other in every giving opportunity.

If you are one of them tormenting the less privilege, kindly speak for yourself and stop harsh generalisation.

This country will never grow well with this mindset.

1 Like 1 Share

Re: Petrol Remains Pricey As Crude Crashes To $73 by nairalanda1(m): 4:37pm On Jun 25

Its very funny watching people asking the government to crash petrol prices.

First, if you are running a business, would you, I repeat...WOULD YOU...let the government set your prices?

Trying to keep fuel cheap is what landed us in the mess we have now. At the end of the day, we have issues with the economy and debt, and we lost four refineries, because not allowing fuel to be sold at a profit caused it

If the government should come and start setting prices, just know that in ten years time, dangote refinery will be scrap, and we would be wasting billions of dolalrs importing fuel

Welcome to the free market, baby. All I go say is, in 2012, you should not have stopped GEJ from removing subsidy. But most of you prefered to listen to lies about the economy because cheap fuel.

Nothing like cheap anything.

Re: Petrol Remains Pricey As Crude Crashes To $73 by nairalanda1(m): 4:37pm On Jun 25

3kay945:
If you are one of them tormenting the less privilege, kindly speak for yourself and stop harsh generalisation.

This country will never grow well with this mindset.

Should government set the prices of your business so that things should be easier for the poor people that patronize you?

Re: Petrol Remains Pricey As Crude Crashes To $73 by isio1: 4:38pm On Jun 25

malali:
https://punchng.com/petrol-remains-pricey-as-crude-crashes-to-73/

The price of Crude oil has dropped further to
Oil (Brent) 72.62USD per Barrel

Oil (WTI) 69.50USD per Barrel as at today 25th June, 2026.

Dangote Refinery should please do something, Nigerians are passing through hell.

1 Like

Re: Petrol Remains Pricey As Crude Crashes To $73 by nairalanda1(m): 4:49pm On Jun 25

isio1:
The price of Crude oil has dropped further to
Oil (Brent) 72.62USD per Barrel

Oil (WTI) 69.50USD per Barrel as at today 25th June, 2026.

Dangote Refinery should please do something, Nigerians are passing through hell.

Fuel importers are already selling fuel below dangote gantry price.

Also, fuel prices are coming down. IN the fct it was 1370 last week, 1300 on tuesday, 1280 this afternoon.

Re: Petrol Remains Pricey As Crude Crashes To $73 by nairalanda1(m): 4:56pm On Jun 25

malali:
The citizens of Saudi,USA,Iraq,Iran didn't have to build refineries before getting appropriate prices.
They also have private refineries that are well regulated by the government. Building a refinery is not an automatic license to exploit Nigerians

USA...fuel prices vary from state to state. In addition to the cost of fuel, there is also taxes added on. Especially in California where fuel can be above 1.5 dollars per liter

Iran,...they have a fuel subsidy in place...after you have bought a certain amount of fuel, then fuel subsidy is no longer in place. Also, Iran loses billions of dollars to massive smuggling in diesel and petrol to Pakistan.

Iraq...small populaiton, produce more than NIgeria, can afford a subsidy

Saudi...produces nearly ten times Nigeria fuel, has a population of less than 50 million, also can afford a subsidy.

Nigeria..produces 1.5 million bpd, of which the revenue must be shared among 200 or more million people. Even when we were doing 2.4 million bpd, the now Emir of Kano was saying that it was not yielding enough revenue for Nigerians.

If you want Nigeria to afford some sort of subsidy, ya got to make Nigeria be like the USA...a big time exporter of domestically manufactured goods and services, also we got to have an industry that can at the best domestically prodice everything needed in an oil rig and for oil refineries, and export them too, and a tax system that is colelcting at least 30% of GDP. Anything else is asking for debt, and wrekced refineries.

Right now, for fuel to be at 200 naira per liter, we need to spend half our budget...for the pleasure of doing so.

By the way, do you run a business? Would you tolerate government setting your selling prices low to help the poor people, when you know ya got goods at a higher rate?

Welcome to reality. And yea, I don't like it at all...but I don't want us to end like Sri Lanka, who got so broke that they had to sell themselves as slaves to the IMF and china just to get chicken feed bailout money.

Re: Petrol Remains Pricey As Crude Crashes To $73 by 3kay945(m): 4:57pm On Jun 25

nairalanda1:
Should government set the prices of your business so that things should be easier for the poor people that patronize you?

Is this what I referred to as the "mindset?

Even with that, a good government should have influence on the sales of commodity such as fuel knowing fully well majority of the masses are poor and relies on such commodity.

Anyway, I dont or have anything else to explain to you guys here as some of you are paid agent to defend government ill actions or crooks benefiting from the bad of the economy.

So, whatever you believe in, stick to it no need to mention me again. Thanks as you reason well.

1 2 3 Reply

Petrol Remains ₦865/litre Amid Dangote’s Free Delivery • Oil Price Decline To $73.5 Per Barrel Threatens Budget 2025 Revenue Target • Panic In Otuabula 2, Bayelsa As Crude Oil Mysteriously Erupts From The Ground • 2 • 3 • 4

The Dawn Of A New Era:. SE Finally Learnt Her Lessons • Breaking News: Very Dark Man Has Been Shot In Abuja • Bayo Onanuga Knocks Obi Over ‘Gun To My Head’ One-Term Vow