Prime Minister Nawaz Sharif on Saturday announced a further reduction of the price of petrol by Rs9.66.
The premier was addressing a large crowd in Havelian -- audibly but with a hoarse voice following his recent return from the Saarc Summit in Kathmandu-- for the inauguration ceremony of the Hazara Motorway project in a groundbreaking ceremony.
Nawaz also announced the reduction in the prices of high octane by Rs10.18, kerosene by Rs4, high speed diesel by Rs7.12 and light diesel oil by Rs5.39.
"I am sure with the reduction of these prices, the cost of production will decrease and prices of food items will decrease," the prime minister said.
"I hope that the people holding dharnas will not object to this," he said, hitting out at the Pakistan Tehreek-e-Insaf (PTI).
Fulfilling promises
The prime minister told the mammoth crowd that he was in Havelian to fulfill the promises he had made during the time of the elections.
"The last time we all met was during the elections, you must remember. I remember very well that I had made some promises [back then], and I am here today to fulfill them."
"I remember that I had promised you that the PML-N government would build a motorway here," he said, receiving loud cheers from the crowd.
Nawaz, slamming PTI further, said, "I would like to tell those staging dharnas that there is a 'naya K-P' being built."
"You talk of a 'naya Pakistan'," he said, "We want to see a 'naya K-P'."
The premier said motorways are being built inspite of the of the prevalence of dharnas.
PM Nawaz arrives in Havelian to inaugurate Hazara Motorway project
Prime Minister Nawaz Sharif arrived in Havelian on Saturday to inaugurate the Hazara Motorway project, Express News reported.
The premier is expected to address a press conference and cut a ribbon during the ceremony.
The important road link is part of the Pakistan China Economic Corridor, and is a 60-kilometre-long, 4-lane fenced expressway which costs Rs33 billion.
The Hazara Motorway will reduce the drive time from Islamabad to Havelian by 30 minutes, additionally providing a road to the Havelian Dry Port project.
COMMENTS (57)
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Now PTI guys will shout that this is due to dharnas, whereas IK's dharna is not for decreasing the petroleum prices, these was for mainly for rigging... IK not even say single time in dharna that decrease petroleum prices..
Guess this move not liked by the petrol station owners. Went to CALTEX in DHA Ph 8, Karachi, they did not had petrol, only HOBC....
Webdesk forgot to mention the fall of oil prices in the global market. Poor journalsim!
Ro Imran ro
Thank you Nawaz Sharif Allah bless you.
Ro Imran Ro
@A-No.1: Ro imran ro PTI has become a fascist party.
Mian Sahib pl build some trauma centers for pti trolls.
NS is the man. Ma Man.
The real questions is, What took so long to lower the price? We, here in New York have been enjoying lower price for months already.
@Grace: If this is true what you state, then he deserves a mighty great shrine which people can easily visit after he leaves his post. Sooner than later the SC is going to declare the election results as void.
Rex Minor
@Shazia. An unintelligent comparison between cost of motor way & metro. The metro is supposed to cost much higher as the construction cost is higher as it needs flyover's, trains, rails, fense, elevation etc. Are you a PTI supporter?
Maniac PTI trolls will not forgive IK!!!
Petrol prices had fluctuated during the past as well..only 2-3 max 5 rupee reduction..it is perhaps the only time during the past 15 years or so that petrol prices have been reduced by 20 rupees!
Is it a coincidence that the unprecedented Price slash only took place place when dharnas had really caught pmln by its throat??jiyay jiyay imran khan!
@YP Mississauga With your math, why gas prices in Toronto down only 30 cents and not 54cents? Let's be a little more fair..
@YP Mississauga: How big of a fool can you be that you are equating reduction in CRUDE oil prices with finally sold oil prices? Even crude oil in international market is in 2010 rates and in Pak oil is of 2008 rates. Now see depreciation of rupee.
Well done Nawaz Sharif.
PTI fan boys applauding IK for this. That is just opposition doing its job. The credit goes to you and you alone PM Sir!
@Jibran Not that I expected any, but that made absolutely no sense.
You anti-PTI people never have any solid points, so you choose to lower the IQ of the entire comments section instead.
Thank you Mian Sahib. You are a real hero.
@Shazia: I love the Metro Bus and it has improved the lives of common people. @A J Khan: The only man who has built motorways, tackling the energy crisis and bringing investment is bad for Pakistan? I prefer Nawaz Sharif over all the others who talk and do nothing to improve the nation. Nawaz Sharif has the support of the masses for good reason. He is fixing Pakistan at least and taking the nation into the modern world.
oil price are directly related to international prices,it is chanted again,again and again then what type of credit could be leveled to govt now,
@Ejaz Maqsood: Are you and people like you leaving these kind of love messages for PM, really Marvi Memon?
PMLN always being development in Pakistan. I hope they also give some focus to Sindh, specially rural Sindh has poor roads, infrastructure and development facilities. Industrial zones should be created in Rural Sindh too. It is not just responsibility of provincial Govt, but Federal Govt must also play active role starting mega projects in Sindh. Uplifting rural Sindh is also progress of Pakistan.
Still expensive than US, US. 1 gallon= 3.79 litters= $3/gal that makes it Rs79/L in US.
Dear Prime Minister, Thank you very much. Allah give you health and success.
credit goes to massive anti-govt movement otherwise oil prices have had changed so many times but reduction could not be leveled earlier and it is not precedent
Nawaz Sharif is the only hope for Pakistan. My prayers for him.
Allah bless our Prime Minister.
@Enigma: do you actually think that there would have even been half the reduction had PTI not imposed all this pressure on the government?
True, Pakistan won the last test, and Mr. Ahmad Bakhsh of Namewali recovered from a life threatening dysentery all because of Imran Khan's pressure.
Thank you Imran Khan
@Hassan:
Spot on Dude!
The amount of praises that pouring in for this shallow price cut in fuel is really telling the IQ level of our masses, isn't it? and when these rulers start robbing the very same masses then masses start wining about the rulers rather than their IQ level.
Amazing nation we are.
regards,
@Jibran "PTI followers are naively following..." Excuse me, do you actually think that there would have even been half the reduction had PTI not imposed all this pressure on the government?
Reality check - you're the one who is being naive here bro
Rs. 33 billion for 60 km motorway equals just over 0.5 billion per kilometer. Cost of metro being made in Islamabad is Rs. 2 billion per kilometer. This metro has to be something out of this world.
So I used to pay $3.50 a gallon and now I am paying $2.50/gallon and these prices are low for a while. My question to this government what took them so long to pass the benefit of lower fuel prices in the world markets to the public?
I wiil appreciate and commend the efforts made by govt for provision of basic infrastructure to people of Pakistan. Country need leadership like Nawaz Sharif who has economic agenda on the top of list.God help those wjo help themselves.
Thanks to Imran Khan and PTI, the real opposition. Look at the timing, the decision came just before the 30 Nov Jalsa. With enormous pressure from the PTI, Nawaz Family would have much lesser to plunder, than mean, more relief are expected for the hapless nation.
Well done PM sir! IK & his gang of rowdy hooligans should also try to bring some positive news rather than just being negative and counter productive all the time!
Hazara Motorway was not a promise with the people but with Captain Safdar as a dowry. Just like Sharifs did to Raiwind, they are doing with Haripur to raise the stakes in their real estate. Corruption at it's worst.
Both PMLN and PTI followers are naively following, praising, and idolizing their incompetent leaders, whose tunnel vision have brought Pakistan to its knees. The current reduction in the oil prices has nothing to do with the dharna nor Nawaz's love for the poor.
Oil prices have gone to a 4 year low of under $70 per barrel from over $140 per barrel. Thats a 50% cut. The slash in oil price in Pakistan is just about 20%. Unfortunately that'll be enough to satisfy the public. In addition to oil prices, since most of our current electricity production is dependent on oil, how about a handsome slash in electricity prices soon??
Pmln actually does work. Media should be free from institutional pressures and shud report good things so country gets better image.
panic created by darhna succumbed mian sb, but i hope habits over 60 never change,awaiting to be at same place after fear be vanished
Oil prices are their lowest in four years worldwide. So no favor here.
Very heartwrenching news for IK and PTI!! Welldone PM sb
Lol why is he taking credit for this?? In US petrol is roughly Rs. 75 per litre now and it's been the case for more than a month. I didn't see the president making announcements for it and making it look like he did the nation a favor! Speaking of small minds ! They have pocketed their commission already I bet and wait till they increase your electricity bills inspite of this
@saad:
Are you really that naive my good fella?
Yea, Awesome, when Crude Oil is at the lowest, he announces to reduce the price. Please, do not remain under the illusion that Govt have reduced their share of taxes on petroleum products. It stayed at it is, maximum in the region.
We will see what Nawaz do when the Crude really moving north.
I have a hunch that had PTI not pilled up that much pressure the Nawaz would have been easily milking the nation as did his Khawaja Asif through a Statistic fraud in Electric Bills.
Pathetic, shallow as always.
regards,
Superb plan of current government to bring our abysmal economy from its melancholic situation. If they succeed in fulfilling their plan of motorways from Karachi to China, from Peshawar to Kabul and from Kabul to Central Asian Republics(CARS), despite the hindrance created by 'dharnas' , it will be an utter revival of our economy. Well done NS.
@saad: @Blithe: What do you mean by well done and awesome, Oil prices has come down by 38 percent in last 4 months in international market, minimum reduction should have been total of Rs 35 and not Rs.19.
The man is trying to build his country. Give him a few years to prove himself.
Weldone........
All credit to Imran Khan, needless to say.
go nawaz go
So what is the big deal ? the petroleum prices are down all over the world.
Probably the dharnas forced the fuel price reductions, otherwise why would the govt cut the revenue it gets from fuel sales.
Dharnas and Jalsas appear to be hitting hard this PM of a man!
Election of Nawaz Sharif is collective blunder of people of Pakistan.
wow! awesome mian saab...
Well done Sir!