Anyone with an answer? Any Jonathanian? Crude oil is now $55 - TopicsExpress



          

Anyone with an answer? Any Jonathanian? Crude oil is now $55 per barrel and we still buy at #97 per litre. When the wicked King Nebuchadnezzar raised fuel price from #65 to #97 in 2012, crude oil was $100 per barrel. Now; 1) Is the government still paying fuel subsidy despite the fall of crude price (I learnt President Okonjo-Iweala claimed that $1b from the excess crude account was used to settle subsidy)? 2) Why are we still paying as high as #97 per litre for petrol and kerosene is in the region of #140 per litre despite the price drop of crude oil? I think this government is ripping us off while looting the excess crude account. Someone should prove me wrong. #VotePDPOut
Posted on: Thu, 18 Dec 2014 07:02:54 +0000

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