₦airaland Forum

modath:
Common man!!!!! what are you even saying

Either the government removes their hand completely , stop funding corruption , let the price stay and proffer ways to ease the pressure off the people or revert to the 'cabal" friendly 87 naira... 120naira? no bueno...

However i don't believe this story anyway....

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.

Hengineer:
Have you considered the fact that fuel importers are now required to get forex from the black market at ~N300 to $1 instead of the previous N198?... This forex issue is the primary reason why it yanked to N145, not necessarily the subsidy removal. What this development means now is that the FG would now have to resume subsidising forex gap for marketers, this is basically the same as re-introducing subsidies.

With the idea of asking importers to go to the black market, the plan was for the CBN to be able to direct the massive forex chest to manufacturers, the manufacturers association of Nigeria had already started rejoicing over this as it had the capacity to re-inject life into the dead manufacturing sector. But apparently, if the CBN is now forced to continue subsidizing forex for fuel importers, the opportunity cost would be the manufacturing sector.

Chudichu:
This is going to be the least effective strike by the NLC

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.

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

madridguy:
Say No to Strike

Say YES to Salary Increment.

olad54:
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.

olad54:
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.

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!

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

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

tuniski:
U are slow this has been repeatedly asked. 12.98k was the reported subsidy that should make the pump price About 100naira! Go and get the official response from the opposition.

The opposition is patriotic not petty like apc then!

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

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.

madridguy:
Say No to Strike
Say YES to Salary Increment.

omenka:
I'd do the maths and get back to you.

Edit:

Just did my little multiplication and saw that even going by the parallel market rate of $320, the cost should have been N138 per litre as opposed to 145. So where did the extra N7 come from?

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.

gpmorgan:
Where is NNPC sourcing their own dollar. CBN OR Parallel market? If CBN then y are they selling at same price 135 to N145 with individuals that got dollars at black market? Even some nnpc fuel refined locally. Why selling at high price again.

Johnsown1:
Ur saying this because u either earn 30 thousand naira and above or living with ur family.
What of those that are hustling,day in day out and at the end of the month they are paid 10 TO 15 thousands naira and still pay 100 t-fare every day and still feed, what will be their income for month,

People that lives in a glass house do not throw stones consider the other people

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.

stephnie1:

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.

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.

jpphilips:
Do you know that the Genesis of this increment is a fall out of what the Avengers are doing in the creek? The truth will come out in the following weeks, why haven't they (the people you are sympathizing with) fought back at the very least, in condemnation?
When Boko went to the north, the same northerners we said were educationally less privileged had the sense to mobilize civilian JTF to fight boko haram, where are the civilian JTF hunting the Avengers?
you see bro, life is all about actions, inactions and consequences, when the people you are urging us to sympathize with are serious, we will know, for now, it is not that bad.
Government said they have no money to pay for subsidy, oil price went down by 80%, the gov has been borrowing for projects, as if that wasn't enough, Nigerians like you and i went to create a new problem for all of us by cutting production, how is that right?
Are you aware that Nigerian production cut is pushing up the global oil price? check the trend to understand what those !diots are doing.
I have said it countless times, when your leaders steal your common wealth, protest against them, sit on their gates, that way, you will remind him your salary is 15k.
The number of unemployed youths in this country is enough to spark a revolution that will deal with our corrupt leaders once and for all, the question is where are they? it is not enough telling us they earn 15k when the consequences of their (politicians) actions materialize, even the little Mr president is doing, is he getting accolades from the 15k earning Nigerians?
Are they not the same people shouting "bring back our corruption" on Facebook? are they not the same people saying that Dasuki, Metu and saraki's trial are witch hunt?
The money has been stolen, govt is broke, both of us will just have to suffer it, if your salary is 15k, take heart bro.