Why FG Is Delaying In Hiking Fuel Price – Reno Omokri - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Why FG Is Delaying In Hiking Fuel Price – Reno Omokri (25858 Views)
| Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by sirequity(op): 8:52pm On Jan 05, 2018 |
RENO Omokri, an ex-presidential aide to former president Goodluck Jonathan, has revealed why the Federal government is delaying in hiking of fuel price.http://headline.com.ng/fg-delaying-hiking-fuel-price-reno-omokri/amp/ 21 Likes 3 Shares
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| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by IamGoke(m): 8:54pm On Jan 05, 2018 |
How are we gonna believe you Mr Omokri  ? yeye dey smell. 15 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by sirequity(op): 9:01pm On Jan 05, 2018 |
lalasticlala  |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by ChangetheChange: 9:04pm On Jan 05, 2018 |
The Buhari administration is going to increase fuel price sooner than later. Mark my words. The only reason for the delay is that they are ashamed to tell Nigerians that they have been paying the same subsidy they claimed was a scam under Jonathan but can no longer afford to pay.  Buhari is a bastard 199 Likes 17 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Penalty82(m): 9:11pm On Jan 05, 2018 |
9 Likes |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by ivandragon: 9:12pm On Jan 05, 2018*. Modified: 9:38pm On Jan 05, 2018 |
IamGoke:... you do not have to believe Reno, a little research into history will tell you the type of deceptive & negatively cunning administration we presently have... http://opera.pulse.ng/news/local/ibe-kachikwu-minister-denies-plans-to-increase-fuel-price-to-n97-id4476000.html less than 3 months later... http://punchng.com/fg-increases-fuel-pump-price/ same administration that denied paying subsidy in the past https://www.vanguardngr.com/2016/05/fg-subsidises-petrol/ mind you, when crude oil was about $60+ p/b in Dec 2014 GEJ reduced fuel price & APC (then in the opposition) said the margin of reduction was too small & designed to deceive Nigerians... in May 2016 when APC, now in power increased fuel to $145, crude oil was sold at $47+ p/b... https://www.indexmundi.com/commodities/?commodity=crude-oil-brent&months=60 of course their was the variable of the dollar, but the reduction in crude oil should have balanced it out... so who is the liar now? the present administration has a solid history of lies... 251 Likes 24 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by IamGoke(m): 9:20pm On Jan 05, 2018 |
ivandragon:I Yeah I understand ur point!! 16 Likes |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by BlackDBagba: 9:21pm On Jan 05, 2018 |
It will be increased immediately after the elections. They'll continue to pay the subsidy until then and then, boom! 85 Likes 4 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by EASY39(m): 9:24pm On Jan 05, 2018 |
A |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by magoo10(m): 9:25pm On Jan 05, 2018 |
They are ashamed of eating their vomit,the same reasons they shamelessly marched on in protest against goodluck Jonathan. 135 Likes 10 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by ivandragon: 9:39pm On Jan 05, 2018 |
IamGoke:OK. sorry, I had edited my post before I saw the above... |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by eruchboy(m): 9:53pm On Jan 05, 2018 |
Dullhari slow as usual 15 Likes 1 Share |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by agbangam: 10:39pm On Jan 05, 2018 |
Reno d parrot, U should have advised ur boss GEJ to fix d refineries. 7 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by yanshDoctor: 10:49pm On Jan 05, 2018*. Modified: 9:24am On Jan 06, 2018 |
for real the presidency is in a tight corner on this issue. its a sign God is angry with this government and ready to expose them. osinbanjo is now speaking from both side of his mouth. 2012 Oil Was $111.67, Fuel Price With Subsidy N65 & Without Subsidy N141 When Jonathan attempted to remove subsidy there was a nationwide protest from north and West. and at the time price of petrol increased from 65 naira ($0.40; £0.26) per litre to at least 141 naira in filling stations, and a barrel of crude was $111.67. Now a barrel of crude is $69 with subsidy at N145 and we are told without subsidy it might get to N200. the question now is what if the oil price get to $111? Nigerians will buy fuel at N1000? the Buhati government failed in all ramification. people like oshiomohle with big mouth and ugly face. we are not seeing them to condemn this government. including fashola who claimed that fuel price should come down when oil price falls. dollars exchange shouldn't be excuse as the oil is going up, that means the dollars earnings should increase as well, and which should strengthened the naira against dollar. in my book. i'm of the opinion that even if oil get back to $112, dollar will not get to N180 again under this buhari. since the increase of oil price the exchange rate is still stagnant. 58 Likes 3 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 10:53pm On Jan 05, 2018 |
4 Likes
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| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by RZArecta(m): 10:58pm On Jan 05, 2018*. Modified: 7:25am On Jan 06, 2018 |
IamGoke:honestly sir, it's very difficult for stûpid people to understand whatever Omokri is saying 103 Likes 4 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Okoroawusa: 11:10pm On Jan 05, 2018 |
Reno,ur oga shld ve done better by fixing the refineries.
onye ara! 2 Likes 1 Share |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by zombieTRACKER: 11:24pm On Jan 05, 2018 |
Buhari is a terrorist 33 Likes 3 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by shedy03(m): 11:29pm On Jan 05, 2018 |
Okoroawusa:I think fixing the refineries was also one of the many APC campaign promises, whats up now? 89 Likes 5 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Okoroawusa: 11:44pm On Jan 05, 2018 |
shedy03:GEJ n APC who ruled first? 5 Likes |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 11:46pm On Jan 05, 2018 |
Okoroawusa:This one is still shifting blame, 3 years into AP-Cheat administration 79 Likes 5 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by shedy03(m): 11:50pm On Jan 05, 2018 |
Okoroawusa:GEJ ruled 1st. but APC used his failures to kick him out claiming they would right his wrongs withing 2years. GEJ is not on seat now, we are holding APC by their words. 100 Likes 9 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Okoroawusa: 11:51pm On Jan 05, 2018 |
imhotep:Na reno start am |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 11:53pm On Jan 05, 2018 |
Okoroawusa:reno is not part of AP-Cheat government 48 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 11:54pm On Jan 05, 2018 |
shedy03:cc Okoroawusa 12 Likes |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by aolawale025: 12:38am On Jan 06, 2018 |
They would soon increase fuel price then find a way to say GEJ did it! 55 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by DeKen: 1:01am On Jan 06, 2018 |
Will the shame allow them? They had already denied bearing the cost of the subsidy by claiming it is paid by NNPC. But is the NNPC not a revenue generating agency of the FG? Won't the subsidy being taken out before remittance reduce what the FG receives from NNPC at the end of the day? Why the deception?  They better keep paying and keep the price or even take it lower. After all subsidy is a scam. 39 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 1:02am On Jan 06, 2018 |
APC will increase the fuel price and blame it on Jonathan. 39 Likes 2 Shares
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| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 2:15am On Jan 06, 2018 |
IT IS AN UNAVOIDABLE SITUATION, FUEL PRICE WILL BE INCREASED AS LONG AS WE CONTINUE TO IMPORT REFINED PRODUCTS. INCREASE IN CRUDE OIL PRICE MEANS, INCREASE IN PRICE OF REFINED PRODUCTS ( AND THUS SUBSIDY) , SINCE WE DONT HAVE ANY LOCAL REFINERY CAPACITY, WE WILL NEED TO BITE THE BULLET. ANY ATTEMPT BY GOVERMENT TO CUSHION THIS EFFECT AND TO MINTAIN FUEL PRICE AT N145 PER LITRE WE HAVE A NEGATIVE EFFECT ON OUR EXTERNAL RESERVE AND ABILITY TO FUND OUR BUDEGT - RECALL FUEL SUBSIDY CONSTITUTED ABOUT +20% OF PRE 2015 NATIONAL BUDGET? THE QUESTION NIGERIANS SHOULD ASK IS HOW WAS THE LAST REGIME (GEJ) ABLE TO MAINTAIN A LOWER PUMP PRICE OF N87.50/LITRE IN THE MIDST OF HIGHER CRUDE OIL PRICE (+$60/BBL) PRE MAY 2015? THE EXTERNAL DEMAND / SUPPLY DYNAMICS OVER THE LAST THREE YEARS HAS REMAINED UNCHANGED, THE ONLY DIFFERENCE IS THE HIGHER EXCHANGE RATES? 7 Likes 2 Shares |
| Re: Why FG Is Delaying In Hiking Fuel Price – Reno Omokri by Nobody: 6:12am On Jan 06, 2018 |
They should better Consult GEJ... on how he was able to not just manage but also reduce the price of fuel at a time crudeoil was $100/barrel.. Where are all the oil was sold at $100/barrel chanters? 15 Likes 1 Share |
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