FG Approves N86.50k As Petrol Pump Price - Politics (3)

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FG Approves N86.50k As Petrol Pump Price - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Approves N86.50k As Petrol Pump Price (31751 Views)

‘FG Owes Egbin Power Station N86 Billion’ - CEO Egbin Power Plc / Labour Gives FG 3 Days To Reverse Fuel Pump Price To N86.50K Or Face The Groundi / What Type Of Unnecessary Stunt By FG Is This? Petrol To Sell For N86:50k (2) (3) (4)

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Re: FG Approves N86.50k As Petrol Pump Price by afolayangs(m): 8:06am On Dec 30, 2015

50 kobo change

braine:
Lol. What kind of rubbish is this? This is nonsense.

Re: FG Approves N86.50k As Petrol Pump Price by Aplaudez(m): 8:07am On Dec 30, 2015

Oje bi! Pay dec salary guy!

Re: FG Approves N86.50k As Petrol Pump Price by Nobody: 8:08am On Dec 30, 2015

solid3:
Stewpid and unacceptable.

Again, why is it stewpid and unacceptable?

The drop in price in fuel has made it cheaper to import fuel....and as a result prices have fallen.

(I happen to believe that fuel subsidy must go, and I agreed with its removal in 2012).

I think that fuel should be sold at N150 per liter and above....ie subsidy goes. I also know most Nigerians won't like it.

Re: FG Approves N86.50k As Petrol Pump Price by 7footre(m): 8:08am On Dec 30, 2015

989900:

. . . wondering why you want the populace at the mercy of oil dealers without regulation -- fuel (PMS, DPK, AGO) is not your average everyday commodity that can be left unregulated -- at least not in a country of vultures like ours.

For you to regulate, you should have a stake. You shouldn't be judge and jury in your own case

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by tete7000(m): 8:08am On Dec 30, 2015

tomakint:
$37.87!

Per litre?

Re: FG Approves N86.50k As Petrol Pump Price by tete7000(m): 8:08am On Dec 30, 2015

tomakint:
$37.87!

Per litre?

Re: FG Approves N86.50k As Petrol Pump Price by Nobody: 8:08am On Dec 30, 2015

tomakint:
This is madness.......what is this when the oil price at the International Market had been projected by the IMF to hit a bottom $20 per barrel in the coming year. By now this administration should be talking about crashing the PMS to N50 and do likewise to other fuel like kerosene and diesel and not this killing and robbing N86.50k in a country where prices of other commodities had skyrocketted against the buying power of the Naira, that is inching close to N300 to a dollar

.You just said it has been PROJECTED by the IMF (Emphasis on the word Projected) that Oil price will fall to $20 and you want the Government to take actions based on Projections by bringing price down to as Low as N50 undecided

2 Likes

Re: FG Approves N86.50k As Petrol Pump Price by charmingfrank(m): 8:09am On Dec 30, 2015

Hmmm! It is well! undecided

Re: FG Approves N86.50k As Petrol Pump Price by NaijaEcash(m): 8:09am On Dec 30, 2015

This is quite funny. Please which of the Television or Radio station will be selling at this price? We need to know so that we can go there and buy at the "Government Official Price"
Meanwhile, the fuel stations are still hoarding and selling at N135 per litre. They sell from only one pump and you get to queue! cry

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by naijanaso: 8:09am On Dec 30, 2015

APC CHANGE!
APC FRAUD!
APC ONE CHANCE!
ONE CHANCE, APC!
FRAUD, APC!
CHANGE, APC!
grin

4 Likes

Re: FG Approves N86.50k As Petrol Pump Price by Nobody: 8:09am On Dec 30, 2015

obailala:
Why is this government afraid of just deregulating this petroleum sector now?... Why cant they just throw subsidy away and deregulate now that oil prices are low?

Maybe that's the intention, with the price still at N86.+ despite the crash. They know Nigerians are allergic to the removal of subsidy; we will eventually come to terms with high prices but God forbid the FG stops subsidizing petrol. They should be open and honest about it, though, let's know what to expect.

Re: FG Approves N86.50k As Petrol Pump Price by 989900: 8:10am On Dec 30, 2015

porka:

AGO (Diesel) price is not regulated.

You are right, but we can't afford to do that with PMS and DPK.

Re: FG Approves N86.50k As Petrol Pump Price by bamac(m): 8:12am On Dec 30, 2015

cele360:
Rubbish, are we making use of our Kobo coins here in Nigeria? if i want buy one liter how I go take get change

no be #10 balance you dey collect ontop 1liter with #100 ni abi you dey collect #3 naira balance before?

Re: FG Approves N86.50k As Petrol Pump Price by demoore1(m): 8:12am On Dec 30, 2015

An excerpt from Prof. Chinedu Nebo. Former minister of powers interview.

There were people who decided that Nigerians would never benefit from the efforts of the previous administration. They fought, busted the pipes on a regular basis. We left capacity of more than 5,500 megawatts and we could barely keep the capacity of about 4,000 to 4,500 megawatts, and maximum production; sometimes they brought us down to the level of 2,000. So, on the average, just at about 4,000. Yet, we had 6,000 megawatt capacity.
These people busted the pipes systematically at different places that it was so difficult to fix them. Each time, the gas companies said they were spending close to N100 million every month, to fix the pipelines. The turbines were not getting gas to be fired.
Isn’t it amazing that from the first day the new government came in till today, not a single incident of vandalism has taken place? Only God knows those that decided that Nigeria would not have power. Everybody is now shouting: ‘we have power, we have power everywhere…’, but where did the power come from? It is from the work that we did, and thankfully, because they have stopped vandalising the gas pipelines, they recently hit 4,800 megawatts just a couple of weeks ago. That is something wonderful. We would have done that easily; we are getting to 5,000. In fact, by January this year, we had the capacity of 5,000.******
I think it is a wonderful thing that the present government is trying to recover from people who have defrauded the country, but sometimes too, the method can also be grievous, because as some of these things are being done, some of people who have done nothing at all are being embarrassed.
To paint everybody black and to give an impression that everybody was a demon can’t be right. Some of us did our best for our country and we have always done that, and to be so vilified at every pronouncement discourages people. And I can tell you that it is going to be hard for many worthy sons and daughters of Nigeria to agree to serve this country again. And it is going to be tough for any African leader to hand over to the opposition because of the way things are happening right now because people are going to say; Oh!, if I concede and hand over, I am going to be hounded to death. And I think that is not right for our country that this happening

6 Likes 1 Share

Re: FG Approves N86.50k As Petrol Pump Price by Nobody: 8:13am On Dec 30, 2015

RaggedyAnn:

Maybe that's the intention, with the price still at N86.+ despite the crash. They know Nigerians are allergic to the removal of subsidy; we will eventually come to terms with high prices but God forbid the FG stops subsidizing petrol. They should be open and honest about it, though, let's know what to expect.

True.

Fact is, it makes sense to remove subsidy. But as GEJ found out.....people don't like the idea of paying high price for a ''commodity we produce''.

If any government reduces fuel to N20 per liter.....everyone would cheer. Paying for it ......don't worry.

Nigerians and awoof.

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by anytexy: 8:14am On Dec 30, 2015

40% per litre or we Occupy Ojota. Mtcheeeew

Re: FG Approves N86.50k As Petrol Pump Price by mymayor: 8:16am On Dec 30, 2015

Is what we want that we get,change indeed. We haven't started,this is an era of liers

Re: FG Approves N86.50k As Petrol Pump Price by demoore1(m): 8:17am On Dec 30, 2015

DonUjay:
.You just said it has been PROJECTED by the IMF (Emphasis on the word Projected) that Oil price will fall to $20 and you want the Government to take actions based on Projections by bringing price down to as Low as N50

When Lee Kwan Yeu came on board in Singapore, he did not look at those that had corrupted their hands and use them as good example not to perform. He went into action and turned Singapore frm a 3rd world nation to a 1st world. I believe any opportunity one has it shld b to make posterity judge u aright and not for propaganga. "THAT WAS A TRUE CHANGE FOR THE PROGRESSIVE MINDS"

2 Likes

Re: FG Approves N86.50k As Petrol Pump Price by chukkiephil(m): 8:18am On Dec 30, 2015

what a comic relief!!! grin

2 Likes

Re: FG Approves N86.50k As Petrol Pump Price by Kennisch: 8:18am On Dec 30, 2015

tomakint:
This is madness.......what is this when the oil price at the International Market had been projected by the IMF to hit a bottom $20 per barrel in the coming year. By now this administration should be talking about crashing the PMS to N50 and do likewise to other fuel like kerosene and diesel and not this killing and robbing N86.50k in a country where prices of other commodities had skyrocketted against the buying power of the Naira, that is inching close to N300 to a dollar

Without subsidy!!!

Re: FG Approves N86.50k As Petrol Pump Price by Mackson01: 8:20am On Dec 30, 2015

50k change is rubbish.

Re: FG Approves N86.50k As Petrol Pump Price by TPAND(f): 8:21am On Dec 30, 2015

Age range of those that believe Sai Baba. 50years and above. If you are young and vibrant, below age 50 and you chant this Sai Baba thingy: You are nothing but a mediocre follow-follow.

I thought Jonathan was clueless. This one is headless.

5 Likes

Re: FG Approves N86.50k As Petrol Pump Price by Nobody: 8:21am On Dec 30, 2015

alienvirus:
Great development. Bringing down the cost of PMS has always been a challenging one. PDP/Obasanjo era was worse. Obj spent 8 years and increased the cost for 8 times.

I am pretty sure Buhari is doing a wonderful job up there.

God help the current leadership.

lol... Dis is funny

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by Alwaysup: 8:22am On Dec 30, 2015

My president GEJ reduced it by N10 per liter and APC were giving us calculator lol now see 50 kobo lol. God help this government I can't suffer 4 years of rubbish change.

Re: FG Approves N86.50k As Petrol Pump Price by Foxie: 8:22am On Dec 30, 2015

alienvirus:
Great development. Bringing down the cost of PMS has always been a challenging one. PDP/Obasanjo era was worse. Obj spent 8 years and increased the cost for 8 times.

I am pretty sure Buhari is doing a wonderful job up there.

God help the current leadership.

You sound so dumb. What is the wonderful job he is doing? Didn't GEJ reduce price by N10 in January? Please if you don't have anything to say, just move on. You're still blinded by the euphoria of 'change', you better open your eyes!

3 Likes

Re: FG Approves N86.50k As Petrol Pump Price by Lighthouseman: 8:22am On Dec 30, 2015

Change we voted... Change we got! This government is a scam

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by pedrilo: 8:23am On Dec 30, 2015

Shey na change una want?

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by cube2012: 8:23am On Dec 30, 2015

We asked for Change and we got it now. Keep the Coins coming in PMB. NONSENSE!

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by saint047(m): 8:23am On Dec 30, 2015

GMB wants to spend N3.6B to buy his BMW cars in 2016

N3.6B will go a long way to help INNOSON produce more cars and create jobs for youths

Re: FG Approves N86.50k As Petrol Pump Price by Foxie: 8:24am On Dec 30, 2015

All I see is these 'change' agents taking Nigerians for a ride, a mumu ride at that.

1 Like

Re: FG Approves N86.50k As Petrol Pump Price by saint047(m): 8:24am On Dec 30, 2015

Dear Stella,

We apologise for criticising you for those BMW cars

GMB wants to buy his own for N3.6B

Signed:
Ex-Stellagate Activists

2 Likes 2 Shares

Re: FG Approves N86.50k As Petrol Pump Price by BankManager(m): 8:25am On Dec 30, 2015

Thought APC once said petrol can sell for N87 per litre..**Eeeeyah** Talk is cheap sha

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