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₦1,030: Petrol Price May Go Up Again, Experts Warn - Politics (2) - Nairaland 6k4031

₦1,030: Petrol Price May Go Up Again, Experts Warn (15911 Views)

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slaawomirr: 3:06pm On Oct 13, 2024
Damnnn niggar

Make them kukuma kill us na

1 Like

Appletek: 3:06pm On Oct 13, 2024
ewedunamala:
The truth is that this nation won't develop without the intellectual capacity of the Ibos.

Take it or leave it. One group are talented in development, one is talented in anti development (craftiness, anti success) and the other is talented in sheepish fellowship of destructive religion.


Take a look at Igboland
Take a look at Anambra
Enter South East on Monday

1 Like

ceejay80s(m): 3:06pm On Oct 13, 2024
Derrit2cwc:
:-
u win 6 million on bet9ja and u still dey nairaland?
Pat081: 3:06pm On Oct 13, 2024
This how they are going to take the money back, Remi Tinubu giv , i think is 1billion naira to ife people and his son pay 600 people hospitals bills too they are doing gave and take

1 Like

vine4god: 3:11pm On Oct 13, 2024
It's still cheap if it's not up to #2,500 yet
nairalanda1(m): 3:18pm On Oct 13, 2024
Nigerians don't get it...if you want the goods and services you want, you have to pay those who provide it a price that would enable them to afford to make their expenses be paid off, pay for the maintenance of production facilites, pay for transport, pay for taxes, pay staff gorgeous salaries, and still earn something to make a living

Paying subsidies and enacting price controls is a nice way of enabling corruption and a large mess. NO profit, people stealing money, etc...wahala starts.

The Soviets subsidised food, petrol and everything....until 1991, when they ran out of money, and began to break up.
Jostoman: 3:18pm On Oct 13, 2024
Na T.pain talk am no be expert
discusant: 3:20pm On Oct 13, 2024
Stop moaning.

Petrol sells for equivalent of N3100/litre in Great Britain.
Lol.

1 Like

Exceed15: 3:21pm On Oct 13, 2024
Well, it won't pain because I casted my vote for pdp having discovered that they are still better than this criminal APC party ... For those brainwashed shebi una dib dey see am.. may T-PAIN continually be una portion.

2 Likes 1 Share

press9jatv: 3:21pm On Oct 13, 2024
If it reached #2k per litre, Nigerians will surely survive it
nairaman66(m): 3:22pm On Oct 13, 2024
Nobody is going to get away with this! There will be no winners when the protest goes live
Treadway: 3:22pm On Oct 13, 2024
Foolish and dumb idiots. If you wan make prediction, at least employ commonsense. If you wan say fuel stil fit go up, just say so and walk away.

Which one is saying tension in the middle East will make the crude oil found here in the ground in Nigeria expensive? If the Nigerian state decides to charge Nigerians more for our own crude oil, how is that due to tensions in the middle East? Na middle East go tell wicked Nigerian govt how much dem go sell the country's crude to its citizens and the now 1 local refinery we have??

Just jumbling everything up in their tomfoolery.

Ment!

1 Like 1 Share

Kharol1234: 3:22pm On Oct 13, 2024
If them on talk like this next the product don high
chaloskyx: 3:24pm On Oct 13, 2024
so and what do Nigerians want to do increase the damn thing and give them rice they would shutup bunch of lazy deranged citizens suffering from stockholm syndrome

1 Like 1 Share

discusant: 3:25pm On Oct 13, 2024
nairalanda1:
Nigerians don't get it...if you want the goods and services you want, you have to pay those who provide it a price that would enable them to afford to make their expenses be paid off, pay for the maintenance of production facilites, pay for transport, pay for taxes, pay staff gorgeous salaries, and still earn something to make a living

Paying subsidies and enacting price controls is a nice way of enabling corruption and a large mess. NO profit, people stealing money, etc...wahala starts.

The Soviets subsidised food, petrol and everything....until 1991, when they ran out of money, and began to break up.
Crude oil is sourced from Nigeria. Only problem is that Nigeria's politicians cannot afford to have functional refineries to produce Petroleum products. What a FAILED country.

1 Like 1 Share

Acidosis(m): 3:26pm On Oct 13, 2024
Nigerians will have to beg Tilumbu to return subsidy and defend the Naira because frankly, the mass suffering hasn't even started.


The PDP borrowed money to fund the subsidy and defend the Naira, while Tinubu is borrowing more money to address the hunger and hardship caused by the removal of the subsidy and the floating of the Naira (aka bags of rice).
addexx: 3:27pm On Oct 13, 2024
cry TOTALLY UNRELATED BUT I NEED TO REMIND YOU THAT ONCE YOU DIE, IT'S OVER FOR YOU. PLEASE ACCEPT JESUS NOW! . PLEASE GET RIGHT WITH GOD NOW!!!!!! I'M BEGGING YOU!!!!!

3 Likes 1 Share

correctguy101(m): 3:29pm On Oct 13, 2024
I just bought for N1200 this morning...
nairalanda1(m): 3:29pm On Oct 13, 2024
discusant:

Crude oil is sourced from Nigeria. Only problem is that Nigeria's politicians cannot afford to have functional refineries to produce Petroleum products. What a FAILED country.

Because over the years, subsidizing fuel meant that it became unprofitable to produce fuel here, so importing resulted

As an example,.see Venezuela. Fuel is subsidized there to the point that it is free..meanwhile refining capacity has massively fallen as a result.

And it has nothing to do with sanctions. The rot started before the sanctions came into place. And last time I checked, nnpc was not running their refineries there. Nor did they have leaders from Nigeria running their country.

If you were a baker and it cost you 2000 to bake one loaf of your famous bread, and government came in and asked you to sell that bread at 20 naira to help the masses and paid you a subsidy that does not cover the loss,won't your bakery pack up?

Plus subsidy encourage corruption. One can declare any amount as expense from losses and chop the money.


Business needs profit to function. Refinery business is not cheap
Franzinni: 3:30pm On Oct 13, 2024
Whahalaaaaaaaaa ...
Bullman(m): 3:32pm On Oct 13, 2024
discusant:
Stop moaning.

Petrol sells for equivalent of N3100/litre in Great Britain.
Lol.

How much is the minimum wage in u.k compared to Nigeria sir ?

2 Likes

Okechinwadike: 3:33pm On Oct 13, 2024
Emmanuel900:


Intellectual capacity like borrowing to defend naira and pay Subsidy ? like Peter Obi stipulated, the usual and old thing, zero intellect detected.

We see how you use that intellect to make your region one of the most backward despite being the smallest region in Nigeria, half of your population can't even survive in your this one is still playing politics when hunger de finish him people mugu
theophorus(m): 3:33pm On Oct 13, 2024
This Regime abi Government Go Favour Me and My Family.
Amen!

1 Like 1 Share

TOPCRUISE(m): 3:40pm On Oct 13, 2024
It will go up because we have all agreed to give Tinubu more time. The more time we give him the higher the price

1 Like 1 Share

Pluto33: 3:40pm On Oct 13, 2024
OkCornel:
Tpain is extremely pleased


“This regime will favour me and my family”

Engr O. T. Sunmi


Where are the "it will favour me and my family" crew? Eyes have cleared now! Clowns.. undecided

2 Likes

Proudlyomonna: 3:41pm On Oct 13, 2024
Softmirror:
Very well expected. WELCOME TO REALITY!

grin grin grin if e no favor me make I know watin cause am grin cheesy

As We buy na so We go sell grin cheesy

Sorry for Salary earners oo una own don be repkete this time around na to go borrow Potable le oju style oo grin

Ricekimony squeeze it oo grin

Eyin zombie happy slave oshi e ma pkada ka abukun ni grin

1 Like 1 Share

ABANGWABOI(m): 3:41pm On Oct 13, 2024
Namaster:
When Tinubu HASTILY removed fuel subsidy and the price of fuel was SUDDENLY jerked up from #197 to #620+, they claimed that #620+ was the REAL price of fuel.

The moment the MASSES and NLC let a CRIMINAL like Tinubu get away with a 300%+ INCREASE in the price of fuel is the moment Nigerians FUCCCKED up.

Now, in the past 3 months that #620+ has almost DOUBLED with predictions of MORE increases to come.

They DANGLED Dangote's refinery as a PANACEA to Nigerians' petroleum WOES.

But the Refinery seemingly marked a DESTABILISATION of the oil sector. In fact, one could say it's the HARBINGER of the mysterious and sharp increases in the price of fuel.

WORST of it is that EVERYBODY claims they are not the ONE increasing the price of fuel. From FG to NNPCL, everybody says they are NOT responsible for hiking the price.

But Tinubu and his MINIONS keep trying to convince Nigerians that Nigeria is doing well.

That the UNBEARABLE and PERVASIVE hardship in the country is a feat of ECONOMIC GENIUS.

grin

It's time to start EATING politicians. Everybody should eat their own politicians so there's no tribalism.


May your Creator Favour and prosper you for this comments...
You said it all
mbos: 3:42pm On Oct 13, 2024
You dey mind that encapsulated slave [quote author=Obyangel post=132410399][/quote]
nairalanda1(m): 3:48pm On Oct 13, 2024
Namaster:
When Tinubu HASTILY removed fuel subsidy and the price of fuel was SUDDENLY jerked up from #197 to #620+, they claimed that #620+ was the REAL price of fuel.

The moment the MASSES and NLC let a CRIMINAL like Tinubu get away with a 300%+ INCREASE in the price of fuel is the moment Nigerians FUCCCKED up.

Now, in the past 3 months that #620+ has almost DOUBLED with predictions of MORE increases to come.

They DANGLED Dangote's refinery as a PANACEA to Nigerians' petroleum WOES.

But the Refinery seemingly marked a DESTABILISATION of the oil sector. In fact, one could say it's the HARBINGER of the mysterious and sharp increases in the price of fuel.

WORST of it is that EVERYBODY claims they are not the ONE increasing the price of fuel. From FG to NNPCL, everybody says they are NOT responsible for hiking the price.

But Tinubu and his MINIONS keep trying to convince Nigerians that Nigeria is doing well.

That the UNBEARABLE and PERVASIVE hardship in the country is a feat of ECONOMIC GENIUS.

grin

It's time to start EATING politicians. Everybody should eat their own politicians so there's no tribalism.


I a revolution in NIgeria, it's long overdue, and our political class is corrupt.

But when the dust dies down, you are still going to face the two problems of

1. High debt servicing issues

2. Poor government revenue.

You will fix it by trying to consficate the monies and properties of the rich, while nationalizing every business....and it would work, until the money runs out.

Then you would turn to the IMF and borrow more and more money

Then the money would run out.

Then the revolution would collapse, and people would be clamoring to eat you and your fellow revolutionaries.




The problem with this APC government is that they are very much like you and also like their PDP opposition. They are too scared to take the right decisions, because it means so much pain.

Either way, y'all have to accept that some hard decisions have to be taken. APC is taking hard decisions now, because their silly decisions of the precceding ten years means no money, and still they borrow.....
Bobloco: 3:49pm On Oct 13, 2024
nairalanda1:
Nigerians don't get it...if you want the goods and services you want, you have to pay those who provide it a price that would enable them to afford to make their expenses be paid off, pay for the maintenance of production facilites, pay for transport, pay for taxes, pay staff gorgeous salaries, and still earn something to make a living

Paying subsidies and enacting price controls is a nice way of enabling corruption and a large mess. NO profit, people stealing money, etc...wahala starts.

The Soviets subsidised food, petrol and everything....until 1991, when they ran out of money, and began to break up.

Balderdash
APOPTOSIS: 3:49pm On Oct 13, 2024
.....na statistics we go chop...

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