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NNPC Increases Fuel Price To ₦1,030 - Politics (3) - Nairaland 3s4s59

NNPC Increases Fuel Price To ₦1,030 (19820 Views)

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Zaheertyler(m): 4:07pm On Oct 09, 2024
nairalanda1:
When you borrow and borrow and borrow over decades and decades, the result is, you borrow a lot that you end up being a slave to the person you borrowed from

Because we have been running a useless economy since independence that is dependent on what raw materials we sell, not on what industrial goods we produce..(which is why the South korean won , despite being 1327 to one dollar is more valuable than our naira)...we have gotten into serious debt. Also, we have been paying subsides for a population that is too large for the revenue to sustain.

It is even a miracle we have survived

At the end of the day, we have reached the point where we cannot pay for goodies because we are in so much debt, we can't even continue paying for subsides and all the goodies...hence petrol now being N1000 and more.

At the end of the day, we can do the hard things....taxes, becoming an industrial economy, fighting all forms of corruption, or we can pretend we have money we don't have.

Shouting agbado at me won't change that fact. We are in deep shit. The end of petrol subsides is a result of what we have gotten ourselves into.
Who be the we
Angelfrost(m): 4:08pm On Oct 09, 2024
When I told you people that fuel price would be nothing less than 1k before December refinery or no refinery, una think say na joke...!

2 Likes

mikeapollo: 4:08pm On Oct 09, 2024
Kdon2:


These people never see mad protest that's why they are people for a ride

It is because Nigerians are docile people and mostly ignorant fools

2 Likes

DeLaRue: 4:08pm On Oct 09, 2024
I said it at the time, that it is better for Nigerians for NNPCL to be the sole offtaker.

That would have made the NNPCL/government the target to blame for any price increases so they would have been under pressure to keep subsidising a little.

But the usual so-called experts rushed to Arise TV to lampoon the arrangement, and on Nairaland those who can't think things through properly ed in attacking the arrangement.

Now NNPC will buy from Dangote like every other filing station owners. So, no special arrangement/price for NNPCL and it can no longer be accused of 'dictating' price as you people claimed.

Now NNPC has answered you people's request and washed its hands off sole off taker burden. It is all man for himself now.

If you have a trailer and the money, go and buy at Dangote. You will even meet NNPCL trailers there smiley. Dangote will sell to both of you.

Everybody, including NNPCL is now free to sell at whatever price works for them.

Subsidy is now effectively gone!

Sebi, you people are happy now.

4 Likes

meobizy(f): 4:10pm On Oct 09, 2024
E still never reach N 1,500. Kai, Nigerians are enjoying. No wonder you people always type rubbish.
NairalandForumo: 4:10pm On Oct 09, 2024
chukwuibuipob:
angry KYARI again angry angry.All KYARIS are THIEVES cool angry angry.

Sack that bastard b4 he ruin the Economy angry

grin You guys are so funny, you think as at now Tinubu wouldn't have sacked Kyari and even arrested him like Emefiele if Kyari is not doing a very good job for Tinubu?

Kyari is doing an excellent work for Tinubu as far as Tinubu is concerned, I have noticed a whole lot of you don't even know who you are ing...

When I read comments like yours here, it gives me more reason why the country should break up into different countries...

1 Like 1 Share

bizzle2: 4:10pm On Oct 09, 2024
Lol, While Tinubu's Oando and other businesses have suddenly trippled in revenue and value within 1 year.
Nigerians have seen the value of thier earnings depricate by over 150% .
Same Oando that was struggling with Bankruptcy is suddenly buying up NNPC stakes and is currently set to buy Trinidad's national refinery . .. All this within 1 yr. While his Almajiri followers are online barking and defending after receiving monthky 30k. Lol.
May sense never be far from us

6 Likes

2RightHands1Coc(m): 4:11pm On Oct 09, 2024
20 litres for 30k Loading
Entanglement: 4:11pm On Oct 09, 2024
kenn4rill:


https://dailypost.ng/2024/10/09/again-nnpcl-increases-fuel-pump-price/#:~:text=The%20Nigerian%20National%20Petroleum%20Company,outlets%20in%20Abuja%20on%20Wednesday.
na those bastard aboki up in the North that voted for this man I dey pity for.

NairalandForumo: 4:12pm On Oct 09, 2024
mikeapollo:


It is because Nigerians are docile people and mostly ignorant fools

Not all Nigerians...
wiseworld: 4:13pm On Oct 09, 2024
Fact Confirm!! Edo Election tell it all,
Skyfornia:
We are not tired yet...let APC organize small convention, you will see massive crowd. Our mumu never do
Squirrel1(m): 4:14pm On Oct 09, 2024
Walahi Allah ya saka wa bayin Allah. Wanan mugunta irin na shuwaganin mu, yayi yawa walahi. Allahyaishe mana!

1 Like

TempleHouse: 4:15pm On Oct 09, 2024
We thought Jonathan was bad and Buhari is worst, but we now realised Nigeria is doomed under Tinubu !!
chatinent: 4:15pm On Oct 09, 2024
T-Pain speaking with NN mouth.

Very greedy pastard
YorubaDemonswag: 4:16pm On Oct 09, 2024
Okechinwadike:
you and who wan protest? Yoruba Muslim must enjoy their government


Did Yoruba Muslim as you called them complain to you? Ogbeni face your life and take Yoruba out of your miserable life.

1 Like

nairalanda1(m): 4:16pm On Oct 09, 2024
Zaheertyler:

Who be the we

Nigerians like you and me.

But you won't get it
LockDown69(m): 4:17pm On Oct 09, 2024
We are doomed in this country. 😭🙆🏾‍♂️
doncartel: 4:17pm On Oct 09, 2024
One way to deal with the pain of Tpain is to buy a punching bag and put Tpain’s picture on it.

Yesterday as I was boxing at the gym, I imagined Tpain’s face on the punching bag. I was able to lose almost 3 pounds before leaving the gym.

1 Like

wiseworld: 4:17pm On Oct 09, 2024
Since I understand,no December Nigeria government don't increase price of fuel Smh .
Angelfrost:
When I told you people that fuel price would be nothing less than 1k before December refinery or no refinery, una think say na joke...!
chukwuibuipob: 4:18pm On Oct 09, 2024
NairalandForumo:


grin You guys are so funny, you think as at now Tinubu wouldn't have sacked Kyari and even arrested him like Emefiele if Kyari is not doing a very good job for Tinubu?

Kyari is doing an excellent work for Tinubu as far as Tinubu is concerned, I have noticed a whole lot of you don't even know who you are ing...

When I read comments like yours here, it gives me more reason why the country should break up into different countries...
I include KYARI the Super tailor .Those people will ruin the this Emilokan govt. As for Emefiele, we all knw why dey dragged him
We honestly suffered Emefiele crayons money. I son go queue in banks/collected number grin
ufotunang: 4:18pm On Oct 09, 2024
Kdon2:


These people never see mad protest that's why they are people for a ride
..abi...if we take the protests to Aso rock Abuja... when Tinubu sees a large number of angry protesters approaching aso rock Abuja he will take nigerians serious..all these protest on the streets is a waste of time and energy...protesters should take the protests to Aso rock Abuja
CHAQUR: 4:19pm On Oct 09, 2024
Tinubu government an increments... You can increase everything but not your tenure in office by God's grace.
blowjohn(m): 4:19pm On Oct 09, 2024
1MILLIONLiGHTS:
It seems it's all deliberate to force people into the CNG thing.


C what?

What was the essence of the refinery?
ufotunang: 4:20pm On Oct 09, 2024
The renewed shege continues
ufotunang: 4:20pm On Oct 09, 2024
This is what you get when you vote incompetent, clueless and dull people into power
Okechinwadike: 4:21pm On Oct 09, 2024
YorubaDemonswag:



Did Yoruba Muslim as you called them complain to you? Ogbeni face your life and take Yoruba out of your miserable life.
hahahaha hahahaha hahahaha hahahaha hunger don finish the idiot Lol 🤣🤣🤣 peter obi must learn the hard way mugu
ufotunang: 4:21pm On Oct 09, 2024
What did you expect when you vote based on tribalism, ethnicity, religion and ignore competency and a person with good leadership qualities
NairalandForumo: 4:23pm On Oct 09, 2024
chukwuibuipob:
I include KYARI the Super tailor .Those people will ruin the this Emilokan govt. As for Emefiele, we all knw why dey dragged him
We honestly suffered Emefiele crayons money. I son go queue in banks/collected number grin

You don't still get it, Kyari is working for Tinubu not for Nigerians, you are the one thinking he is spoiling Tinubu's government, that is not what Tinubu thinks, Kyari is doing a very good work for Tinubu, You think the government is Tinubu's problem to disturb himself?

1 Like 1 Share

prickursense: 4:23pm On Oct 09, 2024
People relax. The real price of PMS/petrol today that naira is going for $ at 1650 to 1, is 94c per liter = #1,551 per liter. Today price, today today, 8 october. At #1,030 petrol is still being subsidized.

They just removed a little bit of subsidy. It is NOT totally GONE. U never see anything.

It is the right thing to do, so that when we see plenty shege, we go get sense well well.
Let everybody calm down and adjust their life style.

1 Like

Kobojunkie: 4:23pm On Oct 09, 2024
kenn4rill:
https://dailypost.ng/2024/10/09/again-nnpcl-increases-fuel-pump-price/#:~:text=The%20Nigerian%20National%20Petroleum%20Company,outlets%20in%20Abuja%20on%20Wednesday.
this is coming about 4 weeks after it last raised the price. Why is NNPCL bent on making harder the lives of Nigerians, and for whose benefit? undecided

1 Like

YorubaDemonswag: 4:24pm On Oct 09, 2024
Okechinwadike:
hahahaha hahahaha hahahaha hahahaha hunger don finish the idiot Lol 🤣🤣🤣 peter obi must learn the hard way mugu

Hunger finish me nah you dey cry on my behalf? We talk am sey nah Oloriburuku most of you begrin

1 Like

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