Topics
All categories
Petrol hits N970/litre as MRS, others adjust price
FollowThe price of petrol has increased to N970 per litre in Nigeria as major oil companies like MRS have adjusted their prices. This is a significant increase from the previous price of N162 per litre and is causing concern among consumers and businesses. The increase in petrol prices is due to the rising cost of crude oil in the international market as well as the devaluation of the Nigerian currency. This has led to inflation and a decrease in the purchasing power of Nigerians. The government is facing pressure to find a solution to the high petrol prices and ease the burden on its citizens.
Read more stories at: https://newsbyday.com
Discussion Points:
Responses-
41
Views
-
0
Likes
-
1
Links
-
0
Responses
- 1) The hope of Nigerians for a cheaper and affordable fuel was dashed over the weekend as the pump price of petrol has been jacked up across filling stations in Lagos and across the country. The increase was followed by the recent development in the oil sector with widespread implications on the prices of petroleum product. Will this increase affects Nigerians after they're all getting optimistic about the price of petrol going down?
- 2) Many Nigerians had predicted that there is likely to be an increase in the price of petrol after the Dangote refinery announced it decision to stop getting crude from the federal government amidst the naira-for crude saga. This surge has seen the average pump price rise from an average of #860 per litre to 930 and in some state as high as #960 per litre which there is still high possibility for further increase. Do you think this is the right time for the government and Dangote to finally reach an agreement so as to make the petrol more affordable for Nigerians?
- 3) As the new surge takes effects over the weekend, the association of petrol marketers have also projected further increases as time goes on if the agreement between the government and Dangote is not met soon. Lamenting the economic impact this would have in the oil sector and on the Nigeria economy at large. How hard do you think this new surge will impacts the everyday living condition of Nigerians and the economy as a whole?
-
41
Views
-
0
Likes
-
1
Links
-
0
Responses
| Topics | Questions | Responses | Views | Activity |
|---|---|---|---|---|
Amotekun Nabs 28 Members of Kidnap Syndicate in Ondo |
3 | 0 | 25 | 19 Hours |
Dead pregnant woman: Lagos hospital denies requesting N500,000 for treatment |
3 | 0 | 28 | 19 Hours |
Commuters groan as Lagos bridge repairs commence, worsen traffic |
3 | 0 | 30 | 2 Days |
Is Nigeria a strong country, or country of strong men ? |
3 | 0 | 35 | 2 Days |
Benue farmer slumps and d!es over false alarm of herdsmen attack |
3 | 0 | 36 | 2 Days |
Leaked Edo gov tribunal judgement sparks controversy |
3 | 0 | 37 | 3 Days |
Long walk to corps members’ joy as FG begins new ‘allawee’ payment |
3 | 0 | 53 | 5 Days |
Arewa Leaders Demand Justice For Edo Murder Victims |
3 | 0 | 45 | 6 Days |
Ex-Rivers HoS alleges Fubara ordered Assembly bombing, suspended gov dismisses claim |
3 | 0 | 49 | 7 Days |
Reps push bill to return Nigeria to parliamentary govt |
3 | 0 | 47 | 7 Days |
| Topics | Questions | Responses | Views | Activity |
|---|---|---|---|---|
100th launch from India’s space port Satish Dhawan Space Centre in Sriharikota scheduled for January-end |
3 | 6 | 164 | 70 Days |
Parliamentary panel meet on Waqf begins on stormy note |
3 | 6 | 223 | 70 Days |
African women forum, FSDH to unlock $3bn in financing WSMEs |
3 | 0 | 60 | 31 Days |
Consumers groan as data depletion, exploitation complicate telcos’ tariff hike |
4 | 0 | 49 | 24 Days |
Naira-for-crude: Motorists engage in panic buying |
3 | 0 | 47 | 14 Days |
How many of the topics should be included in the share?