FG plans N97 per litre fuel for common man - The Nation Newspaper

The Federal Government has revealed plans are underway to provide alternative petrol -Compressed Natural Gas – for the common man that will cost between N95 to N97 per litre.The Minister of State for Petroleum Resources, Chief Timipre Sylva, stated these to reporters in Abuja on Thursday.

“That is transport vehicles for example, out of the PMS loop to be using the CNG. CNG cost less that the subsidised PMS. Per liter the subsidized rate of the PMS is N145 per litre. CNG will cost about N95 to N97 per litre.”Asked to comment on the $62b court settlement payment that Nigeria is expecting from the IoC, he explained that the process is such a cumbersome one to analyse because it was a long time that $20 per barrel ceased to be a windfall.

With the passage of the bill, the minister said that the incorporation of the Nigerian National Petroleum Corporation and its Joint Ventures will become possible.

Let them differentiate common and uncommon man, please Nigerian will this going to work at this time?

Ok, they are still planning

I cannot believe this news how ?

Make it 50.Use the 37bn meant for the National Assembly renovation to sustain it.

How can you say 97 naira is for common man on a monthly salary of 30,000? This federal government are big fools...

Common man ko common man ni! Fuel price hike dey smell!!

Uncommon men should now do what?

Fake news. Buhari is desperately looking for cash to offset loans. The cash cow is petroleum.

Mtchww, who is then uncommon man?

How then are they going to know common from uncommon man? Common man may need to carry an ID calling him common and same goes to uncommon abi uncommon man na alien?

Benin-city people pls confirm...

yeye dey smell abeg🤣🤣🤣

What fuel price do we expect for the Uncommon man.

How would they define common in this context? Especially in a country where comprehensive database is lacking. In little or no time through manipulation from the main players the uncommon becomes common and the common becomes uncommon. Vise versa.

NigeriaGov define a common man pls

common man?

Government magic...dem go turn blue into white...dem go...

Finally, they want to knock the engines of the common man’s vehicles

Plz give us 3 reasons why a common man buys fuel?

They just wanted to create a topic for people to discuss/argue on. After 7.5% increment in tax. Awon oniranu gbogbo

NFG suck my ass.

And who is the uncommon man?

We are waiting

Hope for next 20years

Moti e rope e ya werey?🙄🙄 Ordinary minimum wage, u Neva pay 😏😏 WeAreTayadAbeg

How do you identify common man?

We are waiting let all the common man enjoy it

FG should step up it anti corruption drive and block leakages. Fuel subsidy should go and the trillion naira spent yearly on subsidy be channelled into something meaningful.

We still de shout on top of minimum wage

We waiting, next level loading....

They have come again with their unrealistic plans.

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