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Buhari Will Reduce Fuel Price To N40 Per Litre — David-West - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsBuhari Will Reduce Fuel Price To N40 Per Litre — David-West (55907 Views)

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Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Nellybii: 8:20am On Apr 14, 2015
waternogetemeny:
[size=14pt]Wen the guns start banging, we will know the owners of the oil well in the creeks.


As only those from the region will be in charge, u lot will run to north or south west. Thieves! grin[/size]
Lazy lousy bunch.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by sonnel: 8:20am On Apr 14, 2015
midolian:
If this happens, Nigerians will never forget the favor, because this will bring about a fall in prices of goods, commodities and services..I jst imagined me boarding a cab for #20 again, buying things @ a price much cheaper than they are now ..it feels great!

*i pray say make e affect subscription price sef sad *


Buhari, take us back to the good old days, pleeease. cry
story. Its not about Buhari but d system is messed up.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by mimicious(f): 8:21am On Apr 14, 2015
Se na buhari talk am or na u dey do assumption
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Scholes007(m): 8:23am On Apr 14, 2015
no be only forty na 1kobo... i will stop petro subsidy it is a scam but i will reduce oil price to #40...THIS APC SELF...GEJ have set to high a standard for you guys fall short and get paid in your own coin



i forsee this illiterate old general taking policies that will undermine progress and lead us back to square 1
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Bhella5(m): 8:23am On Apr 14, 2015
barcanista:
oga you don't just wake up to cut down or increase the pump price of pms. This has to do with increasing or decreasing the % of government for the subsidy(as the case may be). In the petroleum sector, we have the problem of cabals that import the product and charges the government. These cabals work in tandem with civil servants and other public servants that are in their payroll to ensure that they get their way. If government is to cut the pump price, it means it has to increase %earnings of the cabals to make up for the citizens. Now considering the fall in global oil price and how it affected our revenue, and the effect it will have on our relative scarce resources, do you think increament in the subsidy is feasible?

The only solution is total removal BUT you have to put paliatives in place to reduce the resultant pains(whicj will be temporary) and then build refineries to be run by private firms or jointly wt government(considering how we poorly manage our own). The problem here is that the same cabals will do all within their powers to sabotage the effort to build refineries. Also, the public income may not be able to service it, the option left will be loan-which comes with its resultant effect. What happens "if" the money is mismanaged or diverted?

Importantly, how feasible will this be considering the numerous "unrealistic" social programs/proposals of the Buhari incoming administration?
You seem to know too much about this things but if Baba West has broached on the possibility then it is doable. I don't think you know better than a former Petroleum Minister.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by midolian(m): 8:24am On Apr 14, 2015
sonnel:
story. Its not about Buhari but d system is messed up.
beyond redemption? Grow up abeg...I hate pessimists
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Nobody: 8:25am On Apr 14, 2015
anonimi:
Nor mind all these agbero supporters of APC.

Dem never sabi sey dem enter one chance and we will be noting, highlighting and criticising their performance (or rather lack of) every inch of the way to 2019. The journey started already!
Cheers!
The next 4 years will be fun
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Sgthenrycopper(m): 8:26am On Apr 14, 2015
Let pray for that.... Unless the price of dollar to naira is reduced .... We can't enjoy all these... Today in Nigeria.... We operate in dollars .... We base our business in dollars .....[color=#000099][/color] ...sai bAba..sai buhari
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Nobody: 8:26am On Apr 14, 2015
nigerianvenom:
u know its impossible.
where will they get the money to act such magic?
impossiblilty lies within the state of d mind. Young man y are u contradicting wat u believe.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by manutdadex(m): 8:27am On Apr 14, 2015
arsetalks:
It is very possible with sincerity to fight the subsidy scam. Gej and pdp have been shouting cabal in the oil subsidy, are these people invisible? Or how come nor of them have been brought to book?

Remove or reduce the scam in that industry and you would see how possible N40 per litre is.
Gej saw the loopholes in the subsidy scheme and he removed it but Nigerians took to the street....
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by olawale4uandi: 8:27am On Apr 14, 2015
May almighty help him
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by GoodMuyis(m): 8:28am On Apr 14, 2015
midolian:
If this happens, Nigerians will never forget the favor, because this will bring about a fall in prices of goods, commodities and services..I jst imagined me boarding a cab for #20 again, buying things @ a price much cheaper than they are now ..it feels great!
Price May not Likely, Come Down that much because currently businesses were only running to survive not to gained this days, for example, biz that need Electricity to run spend so much on Fuel and at the same time spent much on the increased NEPA bill, hence if the Fuel price come down their may not be much price fall in commodity.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Od31(m): 8:28am On Apr 14, 2015
I think this Prof is getting old.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by anonimi: 8:29am On Apr 14, 2015
busky101:
If he can do just this and make the dollar go back to 150 plus remove the hefty tax on car importation, then definitely he is gonna stay in power longer than he expected.
Please tell us how EMPLOYMENT will be created in our country's revived auto industry if DoroDullard removes the tariff on imported cars, which is the needed incentive for LOCALISATION of these factories that can then lead to EXPORT of their production to earn more forex leading to reduced exchange rate?

I hope you can explain logically!

No pain, no gain!!
QED!!!
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by SeverusSnape(m): 8:30am On Apr 14, 2015
dearpreye:
I hope, in a bid to impress us, these people will not end up setting UNREALISTIC goals?

There's no problem with being optimistic!
My thoughts exactly.
**Patiently waiting for a dollar to be equal to a Naira** cool
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by davodyguy: 8:30am On Apr 14, 2015
waternogetemeny:
[size=14pt]Wen the guns start banging, we will know the owners of the oil well in the creeks.


As only those from the region will be in charge, u lot will run to north or south west. Thieves! grin[/size]
even worse than i thought. Seun Osewa is from Ogun State and he gave you a bigot opportunity to express yourself with this rubbish on his Nairaland Platform. How can you describe him?
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by anonimi: 8:30am On Apr 14, 2015
barcanista:
The next 4 years will be fun
Surely will, I tell ya cheesy
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by tunnary(m): 8:31am On Apr 14, 2015
eliteweb:
Need di Miracle fast fast.

Also d Dollar thing, Naira to equal Dollar
For d dollar tin is almost imposible, i can bet almost anytin for dat. Politicians notin wen them nor fit promise but wen e don reach time to fufil, na stories
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Brugo(m): 8:31am On Apr 14, 2015
midolian:
If this happens, Nigerians will never forget the favor, because this will bring about a fall in prices of goods, commodities and services..I jst imagined me boarding a cab for #20 again, buying things @ a price much cheaper than they are now ..it feels great!

*i pray say make e affect subscription price sef sad *


Buhari, take us back to the good old days, pleeease. cry
I hope the prices of goods will drop as well. You know how greedy Nigerians are. They will want to make mad profit. I wish there would be a way to ensure all round reduction in prices of commodities.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by onatisi(m): 8:31am On Apr 14, 2015
40naira per litrehuh? Awada kerikeri . We dey watch .
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Nobody: 8:32am On Apr 14, 2015
waternogetemeny:
[size=14pt]Wen the guns start banging, we will know the owners of the oil well in the creeks.


As only those from the region will be in charge, u lot will run to north or south west. Thieves! grin[/size]
very shallow thinker
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Scholes007(m): 8:33am On Apr 14, 2015
contradictions
1-i will equate # to $ and at the same time reduce oil price even if it fall in oil market
2-i will fight and end corruption within 2 years contradiction pls don't expect miracles ( can you imagine that?, stopping corruption in 2 years is already a miracle)
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by micrep3030(m): 8:34am On Apr 14, 2015
That will be good
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by bigdoo: 8:35am On Apr 14, 2015
That will nail PDP to their coffin and put them finally to their grave.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Nobody: 8:36am On Apr 14, 2015
SeverusSnape:
My thoughts exactly.
**Patiently waiting for a dollar to be equal to a Naira** cool
Good morning, boss. Indeed we're waiting...patiently waiting. ...we all desire the best for this nation na grin grin grin
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Eskay201: 8:37am On Apr 14, 2015
This will be great and it is very possible is just a matter of time .

But before then , you save money from Fuel,Diesel,Gas,Kerosene and help others too.

Infact , you can literally make money each and every time someone drives their vehicles, puts on their generators, runs an industrial machine or uses kerosene.

This is a need not want .

Visit www.infobizzone.com for details
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by TrishaP(f): 8:37am On Apr 14, 2015
ademega:
These are the people that will give this man serious problem. Who send him this kind of talk naw ? Too early for all thses .
Are you minding the speaker..
Buhari will soon come and say the opposite " I cannot assure you that fuel will be N40 per liter but I'll do everything in my power to reduce the price."

Wait for it...
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by driand(m): 8:38am On Apr 14, 2015
barcanista:
The next 4 years will be fun
evil people.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Bhella5(m): 8:38am On Apr 14, 2015
barcanista:
I Read your second to last paragraph and laughed.

See, it is like you don't understand the politics of oil subsidy and people involved. (Please get the list of importers of pms and know who they are).

This is how it works. They import pmss and present invoice to the government for payment. The government may want to "verify" by appointing an Agency to vet them. The Agency is made of appointed public officers and career civil servants. Most of these people are puppet of the importers aka "cabals". They give these importers clean bill of health and present their case to the government. The government will be left with no choice but to honor their invoice. Now, if the government refuses to pay, the cabals will deliberately refuse to release the product to local marketers and depots. There arise "fuel scarcity" and hike in pump price. People will protest. Nupeng/penganssan will strike, the civil society will protest, the NASS will pass resolution compelling the government to comply..lol, the government will be taught bitter lesson by the time they are made to appear unpopular. You can't "cut" their pay by executive fiat, the repersursion is worse.

Mind you, there are also cabinet members, powerful party officials and even foreigners that are making huge fortune via this subsidy.
Under GMB those cabals will be no more. Their is a new fish in the ocean
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by estyvino(m): 8:39am On Apr 14, 2015
If that happen, Nigeria will experience tremendous change as at it were.
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by SeverusSnape(m): 8:40am On Apr 14, 2015
dearpreye:
Good morning, boss. Indeed we're waiting...patiently waiting. ...we all desire the best for this nation nagrin grin grin
Good morning to you Boss...
Definitely @ emboldened
Re: Buhari Will Reduce Fuel Price To N40 Per Litre — David-West by Bhella5(m): 8:41am On Apr 14, 2015
anonimi:
Please tell us how EMPLOYMENT will be created in our country's revived auto industry if DoroDullard removes the tariff on imported cars, which is the needed incentive for LOCALISATION of these factories that can then lead to EXPORT of their production to earn more forex leading to reduced exchange rate?

I hope you can explain logically!

No pain, no gain!!
QED!!!
Stop insulting the President Elect please! That era has passed. Thank you!

Cc. Lalastical
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