The Federal Government yesterday announced the reduction of fuel price from N97 per litre to N87 per litre.
The announcement which was made by the Minister of Petroleum Resources, Mrs Dieziani Alison-Maduke takes effect from midnight today and has continued to generate comments from Nigerians who are obviously still shocked by the new development.
See the comments below:
Social Commentator, Japheth Omojuwa says “From paying virtually no subsidies, the Nigerian government has now fashioned out away to pay N10/litre subsidies”.
Hafiz Adaji seem not impressed by the price reduction, "Dropping fuel price to 87 Naira/Ltr doesn't justify the bad leadership led by his administration. You are still not worthy of my vote GEJ".
IT Expert, Oriname Agbi sums it up in one sentence, "My vote is not worth N10"
TV Presenter, Temisan Okomi looks at the funny side "One wishes elections happened every month. Fuel pump price reduced?! Nna mehn. Let them keep campaigning for two more years. Please".
Eniola Ositelu has a message for the petroleum minister, "I hope Madam Alison & co know that we that have made up our mind to vote for change won't change our minds despite drop in fuel price".
Ikechi Ugwoeje refers back to history, "So GEJ joins Yar'adua as the only Nigerian Presidents to reduce fuel price. Wonder how much this will help his campaign".
Joshua Awolowo is concerned about the take-off time for the new price, "There has been a reduction of ten naira #10 from the price of Petrol, Now its 87, meant to take effect immediately".
Tina Ese results to mathematics, "if someone buys a liter of fuel would he give them the exact #87 or would they give him coins? So the #87 still boils down to 90..E no good".
Gbenga Olorunpomi says the President is playing into the hands of his opponent, "Only after the election has been lost will they agree but GEJ IS Buhari's biggest campaigner. Argue with your generator".
Mukhtar Daniyan popularly knows as Mr, Ayee Dee is concerned about the opposition's reaction,
Writer Tolu Ogunlesi is even looking ahead, "One Day One Surprise. First, Maiduguri. Now, Petrol. Wednesday: VAT cancellation. You'll say I said so".
Renowned Sports Journalists, Toyin Ibitoye is concerned about the reaction of the marketers, "Reduction in pump price of petrol announced today..Jan 18,2015. Now let's see how long it will take the marketers to adjust those pumps".
Senator Bukola Saraki who joined other Nigerians asking the government to reduce the petrol price earlier celebrated the news by saying, "Change is indeed possible. Few hours ago, Joined other Nigerians to demand that PMS price be reduced. Just heard it has been reduced to N87".
According to the Organisation of Petroleum Exporting Countries (OPEC), on Tuesday, Oil prices dropped to nearly a six-year low with the prices of both Brent and United States crude oil.