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BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre (3562 Views)

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BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Freelancerx(op): 1:08am On Mar 12, 2021
The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 per litre for Nigerians.

Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.

The fuel pricing regulator PPPRA said in its template released on Thursday night that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. This was against N186 the crucial commodity retailed for in February.

The PPPRA said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.

The PPPRA has been setting guidelines for petrol sales since the Buhari administration announced partial deregulation of the oil sector, but the government maintains control of policies that determine ultimate retail costs.

The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 for Nigerians.

Mr. Buhari met the price at N87 per litre when he assumed office in 2015, and has increased it periodically ever since, despite appeals from Nigerians that the biting costs would worsen inflation and living conditions for a country already designated as the world’s poverty capital.

More details to follow.....





Gazettengrdotcom
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Nobody:
If it's true APC should forget 2023 Election
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Nobody: 1:12am On Mar 12, 2021
If it's true APC can forget 2023 election
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Omihanifa: 1:12am On Mar 12, 2021
The NLC should do the needful. They should shutdown the country with strike.
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by kingk(m): 1:19am On Mar 12, 2021
It is finished....

Somali truly will be better than Nigeria.

U called us #Biafra online country but the online country protect her citizens more than you #Nigeria the offline country,Am sure people in d North East most victims of #bokoharam and #bandits will be wishing to be online country like us and be protected like us.
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by akolat(m): 1:24am On Mar 12, 2021
This government hasn't got the plight of its citizens at heart. Its finished.
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by SarkinYarki: 2:01am On Mar 12, 2021
Hizzy:
If it's true APC can forget 2023
What will you do ? So if they they didn't increase it so you would have voted APC
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by SarkinYarki: 2:02am On Mar 12, 2021
Omihanifa:
The NLC should do the needful. They should shutdown the country with strike.
You people never learn...so you think NLC can help you ? They only help their pocket
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by SarkinYarki: 2:04am On Mar 12, 2021
akolat:
This government hasn't got the plight of its citizens at heart. Its finished.
It has been finished since Buhari was elected so I don't know which finish you are talking of
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Kufie(m): 2:24am On Mar 12, 2021
This should be under crime and not politics
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by judgementyard(m): 2:40am On Mar 12, 2021
why not #500? world worst government ever.W.W.G.E
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Nobody: 2:45am On Mar 12, 2021
Where are the pioneers of #OCCUPYNIGERIA.


Assuming Jonathan is still the president , they would have killed him with protest.

#Onenigeriaisascam
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Spending123:
Buhari has caused Nigeria to be in intocielote by exuberance of verbosity betaprutal contraption pshychomentalism and malfunctionalistic in nature.


Since this is not my problem, my problem now is I wondered how those who owe Lazarus money felt when Jesus raised him from death.

Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Trimque2k1(m): 2:58am On Mar 12, 2021
Freelancerx:
The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 per litre for Nigerians.

Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.

The fuel pricing regulator PPPRA said in its template released on Thursday night that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. This was against N186 the crucial commodity retailed for in February.

The PPPRA said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.

The PPPRA has been setting guidelines for petrol sales since the Buhari administration announced partial deregulation of the oil sector, but the government maintains control of policies that determine ultimate retail costs.

The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 for Nigerians.

Mr. Buhari met the price at N87 per litre when he assumed office in 2015, and has increased it periodically ever since, despite appeals from Nigerians that the biting costs would worsen inflation and living conditions for a country already designated as the world’s poverty capital.

More details to follow.....





Gazettengrdotcom
Northerners are the problem of Nigeria, we shouldn't have shared same country with them.
North has been ruling and killing my country for far too long...
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by princemillla(m): 3:11am On Mar 12, 2021
As long as I can't find credible source to this, I will consider it a rumor
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Olatunji1929: 3:14am On Mar 12, 2021
buhari is going to 500/ltr na everybody go fell am
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by WonderManly(m): 4:18am On Mar 12, 2021
No! No!! No!!! I can't believe this is true...

Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by ivandragon: 4:32am On Mar 12, 2021
What else is new?
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by stillseth: 4:34am On Mar 12, 2021
Shey i will not goan sell my car like this..how i go dey buy petrol for car at this high price and still be buying for generator for house too....Omo and 2023 still far ooo
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Sunchyno(m): 4:41am On Mar 12, 2021
Yeah well, I am not surprised. Same way i wont be surprised come 2023 when worst people are elected. A lot of the masses are poor and ignorant therefore will always be gullible, that's how this evil men always win!
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by simple250: 4:56am On Mar 12, 2021
We are all busy with our daily lifes why this dealers control us like remote control ....its so unfortunate hop its rumour sha embarassed
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by olatade(m):
From 162 to 212. Those who desire pain and sadness for us will receive same in million folds to their fourth generations.

wait, where is NLC sef?
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by GrandFinale2021(m): 5:17am On Mar 12, 2021
Fake news
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Olatomiwami(m): 5:28am On Mar 12, 2021
kingk:
It is finished....

Somali truly will be better than Nigeria.

U called us #Biafra online country but the online country protect her citizens more than you #Nigeria the offline country,Am sure people in d North East most victims of #bokoharam and #bandits will be wishing to be online country like us and be protected like us.
Off point Oga Ade, go and protect yourself against fuel hike in Biafra land by importing fuel and sell to ipobs at #50,pls don't disturb this thread with useless ESN talk like illiterates which most of ipobs are, stop disgracing better industrialist Igbos.
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by pode(m): 6:18am On Mar 12, 2021
Make hikes kill them there
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by 4ckyou: 6:33am On Mar 12, 2021
Omihanifa:
The NLC should do the needful. They should shutdown the country with strike.
Nlc is too corrupt now, they can't do anything
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by ShackWes(f):
This corntree nawa

There's no better time to occupy Nigeria than now
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by J4JUVENTUS(m): 7:00am On Mar 12, 2021
Sai Buhari ..I love this news.. I wish e go enter 1k ,let's see if these zombies will survive it grin
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by meditator(m): 7:00am On Mar 12, 2021
SarkinYarki:
What will you do ? So if they they didn't increase it so you would have voted APC
For as long as the viable options presented to us are APC and PDP, I will always vote for the progressives
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by codedguy1(m): 7:01am On Mar 12, 2021
angry
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by Itsteewhy: 7:18am On Mar 12, 2021
Everything about this govt is scam. So not amazed at all..
.some days ago, the presidency said it will reduce the fuel price, and now this.

#200 is the target, so NLC will call strike, negotiated it to #200 from 220...that's the plan...
Re: BREAKING: Nigerian Govt Hikes Fuel Price To N212 Per Litre by SarkinYarki: 7:18am On Mar 12, 2021
meditator:
For as long as the viable options presented to us are APC and PDP, I will always vote for the progressives
What's your IQ again ?
1 2 Reply

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