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NNPC To Announce 85 Naira Fuel Pump Price In January 2016 - Politics (3) - Nairaland

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Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Nobody: 6:37am On Dec 26, 2015
OLADD:

Remember that one of the chief campaigners for Buhari, Prof Tam David West had told all of us that Petrol should not sell above N40. It was on that hoax among others that 15million Nigerians decided to vote for APC. Nigerians, enjoy your N2 change on PMS price!

Actually, Prof David-West made the promise[b] after Buhari got elected[/b],not during the campaign......

FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”

.

And he (David-West) added some caveats.....

As military head of state, he dealt with the Federal Executive Council with the tenets of democracy. Buhari will build new refineries to make petroleum products available for the masses. No responsible government will allow the masses to suffer.

“He will strengthen the refineries within a year. It is possible as we won’t spend any amount in setting up a green field refinery. We already have a blueprint as we shall use what we have to get what we want,”


N40 was Never on the campaign manifesto of APC.

Source :http://www.vanguardngr.com/2015/04/buharill-reduce-petrol-to-n40l-david-west/

4 Likes 1 Share

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Nobody: 7:15am On Dec 26, 2015
end time pump prize
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by GeneralShepherd(m): 7:17am On Dec 26, 2015
Amberon:
if our government is a sane one, then petrol shouldn't even sell above 30 naira. because crude oil is at its lowest price in the international presently. So naturally, a fall in the global oil price should also mean a fall in petrol for consumption. but our useless government with their corrupt ways won't adjust the price to this effect.

about last year, the U.S govt slashed the price of gas by a third the normal price because gas got cheaper. Our useless government should learn.

The bulk of money we pay for petrol accrues from handling charges and shipping costs. A fall in price of crude oil will not significantly reduce those prices

2 Likes

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Bhella5(m): 7:18am On Dec 26, 2015
ImpactWorld:
Petrol is #200 per liter in my location.

APC please stop the scam,Nigerians are tired
Liar where?

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by babestella: 7:18am On Dec 26, 2015
Agimor:
How much was patrol under Jona? And how much it's been purported under Buhari in between lies the answer.


Ahaaa, them don start to compare again. Anyway continue, GEJ reduced price by 10 naira (from 97 to 87) while APC is may reduce by 2 naira from (87 to maybe 85)
Satisfied now? Lol.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by bewla(m): 7:19am On Dec 26, 2015
undecidedi heat it when u say ( MAY)
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Nobody: 7:19am On Dec 26, 2015
The source said "may", and u wrote like it's certain, albeit, shouldn't we be reading this news after the reduction is announced? meanwhile fuel is still at 130-150 down here. bleeped country!
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by quixotic: 7:20am On Dec 26, 2015
jusRadical:
This is no good news.

Gej (the supposedly corrupt president and the cause of all problems in Nigeria) made it N87 when the price of crude oil came down to around $67 per barrel. Now crude oil is around $35 per barrel and and pmb (the apc's messiah, saint, saviour, 'god', etc) is talking of N85 per lit of pms (if the info is true) and some people are rejoicing.


I am sorry for this company. oh sorry, country.
with goodluck it was 87 with subsidy. with Buhari it will be 85 without subsidy. hope that helps

7 Likes 2 Shares

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by samsongbemisola(m): 7:20am On Dec 26, 2015
OLADD:


Jona reduced the PMS price from N97 to N87 but Lai Mohammed and APC cried blue murder. Today, while in govt, all APC-led administration can do was a N2 reduction! What a scam!
who took it. To n97 in the first place

4 Likes

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Snoolv360(m): 7:21am On Dec 26, 2015
Removing 2 naira is this what we Nigerian deserve as new year gift?
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Bhella5(m): 7:21am On Dec 26, 2015
TimeManager:
OP Is Mischevious And Sarcastic At Best. By Your Buffonery, Nigerians Voted PMB As A Result Of David West's Stroke? While PMB Has Lost Control Of His Govt Too? I Think Today We Celebrate The Birth Of Jesus & Not The Birth Of A Fool. Snap Out Of Your Foolery Buddy.














The Truth Has Spoken!
Xmas wine still in play. Dont blame him
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by repogirl(f): 7:21am On Dec 26, 2015
Fixing exchange rate... That one is clearly not working.

Now they want to fix price of petrol instead of letting the market to influence it...... Kachikwu, hope you are not following Eme's dancing style?

Time will tell sha.... Just asit is showing that Booooharinomics is rubbish.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Krayzeejhay(m): 7:22am On Dec 26, 2015
#100 today,#87 tomorrow,next tomorrow #200 Next week. #450 per liters....
Now!,january2016 #87 naira
Jst sell Nigerians while u at et!

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Youngzedd(m): 7:23am On Dec 26, 2015
Cwhyte:
What you should understand is that at 87, there's still subsidy.
No subsidy payment when it will be sold for 85
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Ijaya123: 7:23am On Dec 26, 2015
EternalTruths:
Where is Prof Tam David West who during Jonathan's era said that petrol should not sell above #40 per litre.

Why is he quiet.?

I hope he has not eaten Cocoa yam abi na Yam.? angry


Come out and explain to us oooooo angry

The man is still alive. You should call him out.
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by babestella: 7:23am On Dec 26, 2015
AceJam:
GBAM!
Pa Tam David west has gone deaf and dumb. grin grin


Prof Tam David West was used as a political porn, he was used during APC deadly desperation to grab power even at the cost of human life. At his age, the prof was used as a political campaign dog, today he's silent and so ashamed to speak on national issues.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Bhella5(m): 7:24am On Dec 26, 2015
repogirl:
Fixing exchange rate... That one is clearly not working.

Now they want to fix price of petrol instead of letting the market to influence it...... Kachikwu, hope you are not following Eme's dancing style?

Time will tell sha.... Just asit is showing that Booooharinomics is rubbish.
New Wailer found.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by mekonglobal(m): 7:24am On Dec 26, 2015
Its not abt bring d price down without making d products available for d users, so wats d essence, as far as i'm concern, DPPR is not doing their work, d minister should criticaly look into dis agency n overhaul d system its not working as it suppose atleast not in Bayelsa, where petrol station owners use to play gigolo on us.
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by fotadmowmend(m): 7:24am On Dec 26, 2015
so na #2 change we voted for ? Even we no dey see am buy @ normal price wen sold @ #87

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by ignis: 7:25am On Dec 26, 2015
Buhari is a joke.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Zaikon(m): 7:26am On Dec 26, 2015
Agimor:
How much was patrol under Jona? And how much it's been purported under Buhari in between lies the answer.
u guys are just somehow. under jona he reduced it immediately right?
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Joewiezy: 7:26am On Dec 26, 2015
Can't even find fuel, and when you do the queues are miles long or the fuel sells for 120 naira upwards.

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Zaikon(m): 7:28am On Dec 26, 2015
Agimor:
How much was patrol under Jona? And how much it's been purported under Buhari in between lies the answer.
u guys are just somehow. under jona was the pump price reduced immidiately?
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Lordskyes(m): 7:30am On Dec 26, 2015
who is deceiving who... please this is the change we all asked for... #2 naira change....

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Ahmeduana(m): 7:30am On Dec 26, 2015
OLADD:


http://www.punchng.com/fg-may-reduce-petrol-to-n85litre-january-1/

http://thesummary.com.ng/index.php/news-categories/national/item/5115-breaking-news-fg-reduces-price-of-petrol-to-85-86-naira-per-litre
NIGERIANS PLEASE BEWARE OF DEVILS GIFT OF ("GIVEN WITH RIGHT HAND AND COLLECTING BACK WITH LEFT HAND"wink is only devil that will give you chicken and collect goat in return or give you goat and collect cow in return. SO, NIGERIANS BEWARE!

1 Like

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by honvalid(m): 7:31am On Dec 26, 2015
Who is fooling who ?who are they trying to impress?All their lie don finish them come they renovate am.awon aakindanidani eda.

1 Like 1 Share

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Ifebazz(m): 7:32am On Dec 26, 2015
OLADD:


http://www.punchng.com/fg-may-reduce-petrol-to-n85litre-january-1/

http://thesummary.com.ng/index.php/news-categories/national/item/5115-breaking-news-fg-reduces-price-of-petrol-to-85-86-naira-per-litre
If you like announce N20/litre or N200/litre nobody cares now provided we get a place to buy the fuel. So much for the change. If only people knew change is hinged on a number line, positive or negative, its still change, right? Its now obvious that it only 'power exchange' people voted for. undecided
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by MrHyde: 7:32am On Dec 26, 2015
Why are Nigerian youths so sentimental? Price of fuel was reduced from 97naira to 87 naira with billions in subsidy and u compare that to reduction from 87 naira to 86/85naira without subsidy. If the so called leaders of tomorrow r on nairaland then the future is far from bright.

7 Likes

Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Infinitikoncept(m): 7:32am On Dec 26, 2015
dolphinheart:
Have we considered the exchange rate in all these wahala?
Using an example, If petrol was sold to me at 100 dollars when a barrel was 50 dollars at an exchange rate of 1 dollar to 100 naira. What will happen to the price I sell the petrol to You if the exchange rate goes up and the amount I buy the petrol comes down. ?

Note: I'm a layman when it comes to all these calculations .
D fx rate is the same sire which is why an average Nigerian can't believe the wide gap between CBN rate and deposit bank rates
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by Koolface4u: 7:33am On Dec 26, 2015
Good news, oyah wailer over to u
Re: NNPC To Announce 85 Naira Fuel Pump Price In January 2016 by philips70(m): 7:33am On Dec 26, 2015
jusRadical:






This is no good news.
Gej (the supposedly corrupt president and
the cause of all problems in Nigeria) made it
N87 when the price of crude oil came down
to around $67 per barrel. Now crude oil is
around $35 per barrel and and pmb (the
apc's messiah, saint, saviour, 'god', etc) is
talking of N85 per lit of pms (if the info is
true) and some people are rejoicing.
I am sorry for this company. oh sorry,
country.

He brought it down to N87 whilst still paying huge subsidy that the real amount is shrouded in secrecy. That means the real price you were buying could be N120+. So if this government brings it down to N87 and don't pay any subsidy I think something has been achieved. Hope you understand.

3 Likes

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