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Petrol Price May Hit N180 As Oil Nears $50 - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsPetrol Price May Hit N180 As Oil Nears $50 (12055 Views)

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Re: Petrol Price May Hit N180 As Oil Nears $50 by ecomalchemist(m): 7:57am On Dec 08, 2020
Nothing suprises me anymore in this country olohun gbo.

If Nigerians voted a cattle rearer, someone's ancestor to govern the affairs of the most black populous nation on earth, anything is possible in this country.

Let's all deal with the consequences, by 2023 we go dey chop second hand rice, london used tin tomatoes and fairly boiled spaghetti.

Nonsense and ingridients !!!
Re: Petrol Price May Hit N180 As Oil Nears $50 by cynthia500(f): 7:59am On Dec 08, 2020
ThreadOwner:
Beware of this moniker! It belongs to a homo sapien with 2 dangly balls nd hairy bony chest.
I will report you to the mods this minute,
seun,lalasticlala
please this is a breach of my personal interest.
I will never take this
Re: Petrol Price May Hit N180 As Oil Nears $50 by Olatlaccon(m): 8:00am On Dec 08, 2020
wetin we want believe for dis country? no be recently dem tell us dem don comot #5? I tire o
Re: Petrol Price May Hit N180 As Oil Nears $50 by berrystunn(m): 8:01am On Dec 08, 2020
Next level is sweet.

16yr for APC
Pay back time to PDP 16yr
Re: Petrol Price May Hit N180 As Oil Nears $50 by NoFucksToGive: 8:02am On Dec 08, 2020
AbiodunJane7a:
Again?? Only Who will deliver us from Buhari government

Do you need a beautiful, responsive and secure website with hosting, domain and SSL? Click my name to get one from 14k.
Come on shut up and get off your bottom and go protest

What do you mean by deliver us ? Lazy man
Re: Petrol Price May Hit N180 As Oil Nears $50 by jpworld(m): 8:05am On Dec 08, 2020
TechW:
And why were they complaining about it hitting over $100/barrel under Jonathan and nothing was achieved, what was the standard of living then?
The standard of living then, was heaven compare to hell we are facing now.
Re: Petrol Price May Hit N180 As Oil Nears $50 by IkemChris(m): 8:09am On Dec 08, 2020
Make e just go 200 once than beating around the bush naa
Re: Petrol Price May Hit N180 As Oil Nears $50 by AmuDimpka: 8:11am On Dec 08, 2020
Now this is the real deal... What you get when you have refused to refine crude in your homeland... Ordinary fractional distillation we can't! The what about condensation ?
Re: Petrol Price May Hit N180 As Oil Nears $50 by valentineuwakwe(m): 8:33am On Dec 08, 2020
I thought the government have slash N5 from the price.....this country n.a. wa o

don't be surprise if petrol sells for N200 before Christmas, that's the government plan!
Re: Petrol Price May Hit N180 As Oil Nears $50 by osuofia2(m): 8:34am On Dec 08, 2020
Nazgul:
But they just slashed the price by #5 na. What's all these nonsense na, do they want us to start making use of donkeys and bicycles?
THIS GUY FOR YOUR MEME DON SURFER, SO HIM PIX DONE ENTER FAT PERSON BODY
Re: Petrol Price May Hit N180 As Oil Nears $50 by StaffofOrayan(m): 8:34am On Dec 08, 2020
I saw before 2023 millions would be protesting for very different reasons
Re: Petrol Price May Hit N180 As Oil Nears $50 by ORIAYO70(m): 8:41am On Dec 08, 2020
Nazgul:
But they just slashed the price by #5 na. What's all these nonsense na, do they want us to start making use of donkeys and bicycles?
Una wey dey manipulate this guy pxc...

Wey d guy dey cry always, we go meet in court soon...

Una no go kee person
Re: Petrol Price May Hit N180 As Oil Nears $50 by Nomorelove: 8:43am On Dec 08, 2020
ecomalchemist:
Nothing suprises me anymore in this country olohun gbo.

If Nigerians voted a cattle rearer, someone's ancestor to govern the affairs of the most black populous nation on earth, anything is possible in this country.

Let's all deal with the consequences, by 2023 we go dey chop second hand rice, london used tin tomatoes and fairly boiled spaghetti.

Nonsense and ingridients !!!
Lolz... Brother why na
Re: Petrol Price May Hit N180 As Oil Nears $50 by bluefilm: 8:43am On Dec 08, 2020
But I heard the pump price is 162 per litre this morning.
Re: Petrol Price May Hit N180 As Oil Nears $50 by meobizy(m): 8:46am On Dec 08, 2020
This is for broke Nairalanders to contemplate. I can afford it so far I am employed.
Re: Petrol Price May Hit N180 As Oil Nears $50 by Obagreatdatoye(m): 8:47am On Dec 08, 2020
We go survive this year....I'll design a professional logo, flyer, christmas greeting design and banner for you at a very cheaper price
Re: Petrol Price May Hit N180 As Oil Nears $50 by iamJ(m): 9:22am On Dec 08, 2020
Oil price dey make me laugh


They will agree on how much their nations can survive with and pegged it at that price


When oil price dropped, it was because russia refused to stop pumping cheesy

Imagine if Venezuela was a developed country, they have the largest reserves in the world, oil price will crash seriously, truth is oil is going, Nigerians better wake up, Arab nations know this that's why they are divesting


The sooner we remove eye from oil the better for us, norway has oil but you wouldn't know because they don't depend on it.
Re: Petrol Price May Hit N180 As Oil Nears $50 by tunapawizzy: 9:22am On Dec 08, 2020
we export crude oil then import finished PMS, AGO, fertilizers and the rest from the people we sold our crude oil to........ The managers of this country are not normal at all ...I just hope Dangote will not come and say he wants to be exporting PMS when his refinery is done....lets sort local consumption first.
Re: Petrol Price May Hit N180 As Oil Nears $50 by lincsnuel: 9:24am On Dec 08, 2020
Aflix:
I don't understand this Buhari economics.

When the price of crude oil went down during covid, the price of petrol was increased, now the price of crude oil is increasing, the price of petrol is also increasinghuh
Because of subsidy removal
Re: Petrol Price May Hit N180 As Oil Nears $50 by Playermayweda(m): 9:26am On Dec 08, 2020
ursullalinda:
Sai Barbarians!.......we are all in it together.......we die here........as for any of trying to relocate out of the country.........it shall never be your portion......we shall remain in this mess together till you borrow sense.
If I leave this country come and carry me back na tongue tongue
Re: Petrol Price May Hit N180 As Oil Nears $50 by iamJ(m): 9:26am On Dec 08, 2020
tunapawizzy:
we export crude oil then import finished PMS, AGO, fertilizers and the rest from the people we sold our crude oil to........ The managers of this country are not normal at all...I just hope Dangote will not come and say he wants to be exporting PMS when his refinery is done....lets sort local consumption first.
PMS importation is big business in Nigeria, even dangote made billions from it, so many billionaires today in Nigeria made their money via that business, dangote is going to cause serious disruptions for so many people, he will delay the refinery being operational for as long as he can but its expected that his refinery will convert nigeria into an exporter of PMS

My only question is do people know how rich this will make dangote? He will blow like Carlos slim
Re: Petrol Price May Hit N180 As Oil Nears $50 by ursullalinda(f): 9:28am On Dec 08, 2020
Playermayweda:
If I leave this country come and carry me back na tongue tongue
Hahaha......I'm kabashing on your head...... you are going no where oh
Re: Petrol Price May Hit N180 As Oil Nears $50 by tunapawizzy: 9:39am On Dec 08, 2020
Aflix:
I don't understand this Buhari economics.

When the price of crude oil went down during covid, the price of petrol was increased, now the price of crude oil is increasing, the price of petrol is also increasinghuh
because of naira devaluation i guess.....we sold crude oil but we bought it back in PMS with a devalued naira ( lots of cost incurred in importing it back...shipping cost n taxes and all),,,all those cost funded with a devalued naira....
Re: Petrol Price May Hit N180 As Oil Nears $50 by Nonybest463: 9:45am On Dec 08, 2020
We are heading to serious recession if care is not taken



Besides
https://www.hogfurniture.com.ng/?rfsn=5176318.a1e998
Re: Petrol Price May Hit N180 As Oil Nears $50 by tunapawizzy: 10:00am On Dec 08, 2020
iamJ:
PMS importation is big business in Nigeria, even dangote made billions from it[b], so many billionaires today in Nigeria made their money via that business[/b], dangote is going to cause serious disruptions for so many people, he will delay the refinery being operational for as long as he can but its expected that his refinery will convert nigeria into an exporter of PMS

My only question is do people know how rich this will make dangote? He will blow like Carlos slim
you are very correct about the bolded......two-thirds if not more of Nigerian billionaires made their fortune in the importation business chain...thats fortune that if evenly distributed with better business policies will reduce crime rate and take a lot of people out of joblessness. I am still of the opinion that for the good of the nation and the people, having 6 efficient modular refineries is better than one big dangote refinery. asides the fact that a monopolistic market is bad economics in terms of price fixation, it is also not going to generate as much employment as one with a perfect competition. if it takes 100,000staff to run 1 big refinery, it should take probably 180,000 staff to man 6 small refineries producing cummulatively what the big refinery produces...more tax for government.. In any case having a functional Dangote refinery is still far better than we are currently operating
Re: Petrol Price May Hit N180 As Oil Nears $50 by aBrokeRichDude: 10:03am On Dec 08, 2020
Nonybest463:
We are heading to serious recession if care is not taken



Besides
https://www.hogfurniture.com.ng/?rfsn=5176318.a1e998
Ah ah

But we dey recession already... abi na recession pro max. Wahala for Nigerians ooo shocked

Re: Petrol Price May Hit N180 As Oil Nears $50 by Matthew4sure(m): 10:12am On Dec 08, 2020
Nigeria are we buy crude oil from other countries? ,why our government are so wicked Nigerian häve crude oil they selling to other countries they don't want our refinery to work because of their selfish interest, assume we are buy crude like other countries they will sell fuel for N1000 a litter make them no provoke anger of God,
Re: Petrol Price May Hit N180 As Oil Nears $50 by bethelofficial: 11:16am On Dec 08, 2020
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Re: Petrol Price May Hit N180 As Oil Nears $50 by Nobody: 11:54am On Dec 08, 2020
Everything that happens nigerians will say its buhari, Oil is going away, the world doesn't need oil anymore, we are blessed with one of the hottest weather in the world and we are complaining, Nigerians should all go solar, avoid all these unneccesary spending this christmas and buy your solar panels for your home and business, secondly them Innoson should stop producing petroleum vehicles and start manufacturing electric vehicles or they should be able to convert petrol vehicles to electric vehicles, why because your big car brands like toyota, honda, mercedes, are all going electric, and the average nigerian can't afford an electric vehicle. now foolish federal government should reduce the amount of petrol vehicles been imported to the country, if not, this will slow down the transition to renewable energy, also imported vehicles are one of the major catalyst that makes Naira loose value constantly, Think about how much nigerian have spent on this foreign car brands for years with them even building an assembly plant or creating employment for Nigerians, no reasonable country can tolerate that only our useless government.

P.S Dangote is a capitalist and a wicked man, he knows crude oil is getting irrelevant in major economies, reason why he is building that plant to extort money from nigerians, this man doesnt even care about the environment, look at lagos with all the dirty air and smoke from trucks and vehicles, you still want to build a refinery inflate the air with more carbon emission, just because he wants to capitalise on lagos market and reduce cost on logistics. why cant he build a solar grid to power homes and charge them for it??, now we people saying buy land in lagos Abijo close to dangote refinery. lol since when did owning a residential home close to a refinery turn into luxury or conducive health wise, wait till all the carbon starts coming out, Lagos also hardly has trees around to absorb all the carbon emission, Nigeria we will never learn from our mistakes, look at the black soot in port-harcout, we still think its normal and fine. Continue
Re: Petrol Price May Hit N180 As Oil Nears $50 by Nobody: 12:12pm On Dec 08, 2020
Consequences of excessive borrowing, we are the mercy of our creditors, makes me wonder if the country has not been sold already.
Re: Petrol Price May Hit N180 As Oil Nears $50 by Slazim: 1:55pm On Dec 08, 2020
They should take to #200 already, that's the target.
P. S
Thunder fire all fingers that thumbprinted, all pockets that bankrolled, all hands that struck down other humans and all those that campaigned to get this government into power.
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