Hmmm so, fuel can be this cheap in Nigeria!! because of election Nigerians are beginning to enjoy what is actually theirs...Diaris godoh!!
So, the Federal Government of Nigeria has announced the reduction petrol prize from N97 per liter to N87 per liter.
The Minister of Petroleum Resources, Diezani Alison-Madueke, said at an ongoing press conference at the presidential villa, Abuja, that the new price regime would take effect immediately. Mrs. Alison-Madueke said the N10 reduction in fuel price was necessitated by the reduction in crude oil prices in the international market.
The new measure is a reversal of government’s policy on the matter. The Minister of Finance, Ngozi Okonjo-Iweala, had insisted on December 17 that Nigeria would not reduce the pump price of fuel despite falling oil prices at the international market, until the revenue crisis occasioned by the dwindling oil rates is over.
Mrs. Okonjo-Iweala said at the time that the decision to review fuel price either upwards or downwards would only be taken after the current crisis in global oil prices had been settled.
Mrs. Okonjo-Iweala said at the time that the decision to review fuel price either upwards or downwards would only be taken after the current crisis in global oil prices had been settled.
But five days ago, on December 13, the presidential candidate of the All Progressives Congress, APC, Muhammadu Buhari, called on the government to implement immediate price reduction on fuel products to reflect the downscaling in global oil prices.
Speaking through his campaign organization, the All Progressives Congress Presidential Campaign Council, Mr. Buhari asked the government to “stop stealing from Nigerians and allow them enjoy the relief that has come to consumers of petroleum products globally”.
If dis is d only dividend I wld enjoy 4 all d chaos dis elecction has caused. Then all I can say is thank God. Buh I'm not gonna pull out my victory dance yet, cos I kno aftr election dey would rivert back 2 d old regime. Never knew anything dat went up could ever go down in Nigeria. This is indeed election miracle. Hmmm! "Uwaifo don talk e own o".
ReplyDeleteMy brother don't be happy for this this is election and anything can happen after election
DeleteHmm this is good news to every nigerias but 89naria is still much
ReplyDeleteSo deflation in Nigeria is possible,,,,,
ReplyDeleteWow.. Glory to God a election has brut smiles to our facez
ReplyDeleteSo it's actually going to be 90bucks.
ReplyDeleteLol....chai...why do we like fire brigade approach??....since we oil don drop 4 mrkt,na nw dey rmbr 2 drop d price,after syphonin our money...smh
ReplyDeletewell,,it has long been expected though it came late ....all the same,,,govt needs to do more because d subsidy idea is not working..
ReplyDeleteEven if fuel is sold @ 50 naira, we still hav noting to loose. Now election is fast approaching and they kno how to reduce it. Only God will judge our politicians according to wat they did to us.
ReplyDeleteStill much for dt amount, no 6 in world,yet it's still increasing
ReplyDelete