FG Proposes N120 Per Litre, Labour Leaders Kick - Politics (4)

FG Proposes N120 Per Litre, Labour Leaders Kick - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › FG Proposes N120 Per Litre, Labour Leaders Kick (49770 Views)

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by emmygzy(m): 9:58am On May 17, 2016

VLadipo:
The rate used to draw the N86.5 pump price is the official exchange rate(N199/$1) while the rate used to draw the N145.0 pricing is the parallel market exchange rate(N320/$1).
Got it?
What some Nigerians are clamouring for now is the removal of NIMASA, landind cost charges etc to lower the pump price.
Chikena!

stop that lie. @ 199, according to kachikwu the price is about 100 naira, but at 298 they now arrived at 145. The truth is why will government use parallel rate of 298 to calculate oil price when they are using the official rate? Does it mean that theyve already devalued the naira? NNPC too are selling at 145, what happens to the 45 naira extra because NNPC cannot be saying that they got their own forex at 298 from central bank because it is an agency of the federal government. They just want to extort money from the masses.

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Re: FG Proposes N120 Per Litre, Labour Leaders Kick by adeleke12345(m): 9:59am On May 17, 2016

say no to strike....we should buy pms for 20 naira for a lit

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Mrjo(m): 9:59am On May 17, 2016

madridguy:
Say No to Strike

Say YES to Salary Increment.

ur stupidity is beyond measure. What concern increament and fuel?

1 Like

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by 989900B: 9:59am On May 17, 2016

Remove it or leave it.

I'm tired of all these half measures.

145 is the supposed 'cap' . . . it can be lesser or higher depending on:

1. Exchange rate.

2. Crude price.

Both of the above are so fluid at the moment.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Pavarottii(m): 10:00am On May 17, 2016

talktonase:
This NLC had better take this offer before FG go change their mind...

Wat mind and start shooting at protesters? If all banks, MDA's, private companies, oil and sector decide to drop their tools and go home.

There is nofn dey will do.

But Nigeria is already divided along tribal and party lines. We don't av such unity to carry out such protests.

1 Like

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by scachy(m): 10:01am On May 17, 2016

APC is pure fraud.

The last administration subsidy removal was about N110; I think the government is not communicating to Nigerians as much as they expected.___IBB 2016

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by aadejesu: 10:01am On May 17, 2016

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

Because of the unavailability of forex nau, the independent marketers are to source for dollars @ the parallel markets, and not the official rate..... Comprehende??

1 Like

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by 989900B: 10:02am On May 17, 2016

Mrjo:
[s]ur stupidity is beyond measure. What concern increament and fuel?[/s]

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by MadCow1: 10:02am On May 17, 2016

tefund:
.

At 350 to 1 USD and Oil at 45 U$D to a barrel where is the money to buy the product? grin

That is why economics is not a direct science.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by wordychap: 10:03am On May 17, 2016

Hengineer:
This isn't very good news at all, this means subsidy is about to be re-introduced, too bad.

Get your facts n figures right
Even at N110/litre no subsidy will b paid because it doesn't exist at d present crude oil price

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by achikefifty(m): 10:05am On May 17, 2016

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

Are you also stylishly wailing?

2 Likes

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by piagetskinner(m): 10:05am On May 17, 2016

In the end salaries still remain the same.... .i Dont think that is fair in a sane society

Perhaps Nigeria isnt a sane country after all

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Re: FG Proposes N120 Per Litre, Labour Leaders Kick by eph12(m): 10:07am On May 17, 2016

I don't understand. Can government just reduce the price? Won't there be any loss? I thought there is total deregulation? Does that means subsidy will be reintroduced? I taya o

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Johnsown1(m): 10:08am On May 17, 2016

I don't think that there will be strike since there are on negotiation, the price will be settled, as for the secretary of NLC please watch ur back cos i know the chane (G is silent, so that is how u pronounce it) administration will either hunt u down, dissolve or he will send his boys scout(EFCC) after u.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by MADrator: 10:09am On May 17, 2016*

madridguy:
Say YES to Strike

Say YES to Salary Increment.

YESSSSSSSS! cool

I say yes to both unless the useless FG drops the price to N100 per litre! cool

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by marciano3d: 10:09am On May 17, 2016

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

103 nairal is based on 197 per dollar
remember the marketers are now allow to buy dollar at 298 per dollar that is a 50% increase in landing cost
this means 103 nairal isn't feasible

I feel labour should focus more on minimum wage and the state govt that owe salaries, because a strike will bring more hardship to them unpaid workers how can they stock when they paid last about six months ago

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by SamOgasco(m): 10:10am On May 17, 2016

modelmike7:
I believe in Buhari. He meant good for this country... Carry me dey go, Buhari carry me dey go dey go dey go . . . .

Bad guy!

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by olad54: 10:11am On May 17, 2016

I repeat myself. a stitch in time saves nine.let us bit the bullet now before our situation get worse like in Venezuela. saudi Arabia is removing petroleum subsidy why can,t Nigeria do the samething we should come out of our comfort zone.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by MADrator: 10:13am On May 17, 2016

achikefifty:
Are you also stylishly wailing?

Don't mind that Omenka, the chief of the zombified squad. He can't claim not to have seen such comments flowing in and out of front page threads regarding fuel price hike. But his fellow zombified fellows are always quick to tell you that the marketers will be sourcing for forex from other sources (and not the usual N199 pa $1) and not at the official rate so the price, N145, is the best.

So I ask, if marketers of such an important commodity (that has the capacity to cripple our economy if by any means scarce) can't source for forex at the official rate from the FG, then what's the point saying that Naira is 199 to a dollar? It means that the currency has been officially devalued. Dullhary is the most confused human being the works has ever seen.

Thank God I don't have a zombie brain tho... grin

And I also think he should be the one trying to do the bolded

omenka:
Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

This also shows that omenka isn't well informed:

Government needs to tell us why it is 145 and not 103.

donphilopus:
You need to take the wailers a course on how to be an opposition (party). Nice one bruv!

Hahahahahaha! See them praising/hailing mediocrity!

Hahahahahahahaha! Nigeria is finished with these kinds of Fula Yoots! grin

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Mrjo(m): 10:15am On May 17, 2016

modelmike7:
. . . . I do not believe the story also tho, but i don't understand the 'funding corruption' you are talking about Modath. All I know is that PMB is the right person to take this nation to the promised land. So help him God.

help him? Who he epp? Karma is wicked.

1 Like

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by gare(f): 10:18am On May 17, 2016

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

The time to reason has past, in 2012 why did you zombies not reason with the then Govt, it's not so easy as you see it, the insults will come there after we can see reason with your clueless govt.

2 Likes 1 Share

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by tosyne88(f): 10:18am On May 17, 2016

Its is still okay at N120. Pls we don't want strike but we want increment in salary.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by bigtt76(f): 10:21am On May 17, 2016

I would prefer NLC fights for minimum wage increment as a check to the frequent tinkering of fuel prices in this country. Also threatening strike actions each time fuel price is increased makes them look like opportunists undecided

we are tired jooooor!

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by murmee: 10:22am On May 17, 2016

tosyne88:
Its is still okay at N120. Pls we don't want strike but we want increment in salary.

I second.

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Mrjo(m): 10:23am On May 17, 2016

ogawisdom:
100 a liter at most or strike simple

my thought also

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Progressives4lov(m): 10:23am On May 17, 2016

Its a pity when you belief that this APC we lead Nigerian 2 promise land and they Bleep up what is the difference between them and PDP. PDP is even beta than this rubbish party

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by donphilopus: 10:24am On May 17, 2016

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

You need to take the wailers a course on how to be an opposition (party). Nice one bruv!

1 Like

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by GOFON(m): 10:24am On May 17, 2016

@ omenka,

Govt wants to make profit of N42 per litre

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Tessy4life(f): 10:26am On May 17, 2016

we no go gree oo...FG we no gree

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by Nobody: 10:27am On May 17, 2016

If this is true, then I am disappointed in the FG. This is back to square one. I expected the FG to call the bluff of NLC by sticking to its gun. No one would take this govt serious anymore. And we should expect a resurface of queues at the filling stations.

What I expected the NLC to protest against is the inability of the govts at all level to increase the minimum wage, not fuel issue. It seems NLC is benefitting from the rot in the Oil sector, hence its constant hostility towards the govt. whenever the latter decides to deregulate that sector.

With the dwinling oil fortunes and shortage of forex to finance the critical sectors of the economy, without the oil sector being fully deregulated, we are just postponing the evil days. Our woes are just starting. We are in for a long haul!

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by omenka(m): 10:28am On May 17, 2016

donphilopus:
You need to take the wailers a course on how to be an opposition (party). Nice one bruv!

Lol. These guys make one miss being in the opposition honestly. Dem no just get any sense at all. cheesy

If no be Barca and Dearpreye wey dey assist their ministry small small, opposition for no dey nairaland. cheesy

Re: FG Proposes N120 Per Litre, Labour Leaders Kick by permanentgrace(m): 10:30am On May 17, 2016

madridguy:
Say No to Strike

[b]Say YES to Salary Increment.[\b]

The emboldden is a selfish interest. Not every is a civil servant and remind me the percentage of jobless people in this country. Do you consider these set of people at all?

Meanwhile, God punish Buhari and his useless government.

2 Likes

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