Reports reaching us reveal that, the president-
elect, Muhammadu Buhari, will be holding a
secrete meeting with petrol marketers on how
to resolve the lingering fuel scarcity causing
Nigerians untold hardship.

Tokunbo Korodo, the south west chairman of
the National Union of Petroleum and Natural
Gas Workers (NUPENG) disclosed this
information today, May 19.
Korodo said Buhari will meet Depot and
Petroleum Products Marketing Association
(DAPPMA) on the subsidy matter.

“I think the outcome of that meeting may
determine if DAPPMA will reopen the depots for
loading or import more into the country,” he
said.
The chairman noted that the prevailing fuel
shortage may worsen if depot traders shut
their depots to tanker drivers. He continued
that no tanker driver had loaded petroleum
products as at 1.30p.m on Monday.

“What I was told was that the independent
depot owners may have shut their depots to
tanker drivers because of the over N200 billion
owed them by the Federal Government ,”
Korodo said.

He added that the repositioning of tankers
from highways and the inability to load fuel at
the depots, were responsible for the free-flow
of traffic in Apapa axis.
According to him, the previous directive by the
Lagos State Government for tanker drivers to
move from the highways within 48 hours had
not produced any result.
Korodo said tanker drivers have freed the
highways, but other heavy duty vehicles,
particularly container drivers have taken over.

“The government cannot chase tanker drivers
away for other heavy duty vehicles to occupy
the space.

“Lagosians should know that tankers have not
been the problem of gridlock in Lagos.
“We occupied the road because we were told
to pick fuel only at Apapa,” he said.
Korodo, however, advised the administration to
appease importers to come back to the sector.
It should be noted that the petroleum
products’ dealers on May 14, said they would
no longer import products except the Federal
Government settles their subsidy claims.

The government had put the subsidy debt at
N131 billion while the traders insisted it is
N200 billion. For the past four decades, the
government has been subsidising the
consumption of petroleum products in Nigeria.

It should be recalled that the Nigerian
Telecommunication Limited held the nation’s
communication system hostage for several
decades until former President Olusegun
Obasanjo, broke its domination.

http://www.naij.com/441443-buhari-to-hold-discrete-talks-with-petrol-importers.html

Cc. lalasticlala ishilove

Work don start be that, 50 naira per liter sir

adeekiti:
Work don start be that, 50 naira per liter sir

Lol! Let everything settle first now.

Ok..this look like a responsible government better than the Otuoke-led type.

One thing is sure, removal of subsidy is imminent. He would pay off the final debt of N200bn when he resumes and no more. Period.

Secret of secrete?

Let them solve this problem. it is no longer funny

But he is not yet the presido na. Thought tht should be hndled by Uncle Joe.

Am sure he is going to tell them to increase prices!

Because right now....we no longer have the cash to pay for subsidy....in case you did not notice.

You see....we are forcing petroleum marketers to sell oil at a price below what they import. And Govt is not paying them the difference...and even when they do...Govt does not pay them enough to make a profit.Plus...Govt has not been paying them enough for some time.

That is why many of them lie and collect kudi for fuel they did not import.(That is the only way they can make money).

Look....fuel subsidy needs to go. I know...we do not like the idea. We want cheap fuel.But cheap fuel is only possible if ALL our refineries were working...and if the three new refineries the Govt promised to build had been built years ago.(see today's Guardian).

So, I guess Buhari better say bye bye to fuel subsidy. Yes...fuel sold for less than N1 back in 1984...when all our 3 refineries worked....and when we had a fourth one under construction. Not today...where they all work under capacity....and when we have MORE vehicles on the road.(Nigerians love cars too much!).

I only hope that Buhari continues the railway project...as well as invest savings from fuel subsidy into public transport. (Abuja, Lag, Enugu and PH need light rail systems).

p.s: From the report....

The government had put the subsidy debt at N131 billion while the traders insisted it is N200 billion

Anyone got N200bn to spare?

He is about to make one liter of fuel=N45


SAI BABA

ok... we are waiting..

Unlike the outgoing administration that would have spent some billions again setting up useless committee to look into the matter and come out with nothing tangible

Now, that's a President, not one.. .....

Few greedy elites/cabals holding the country to ransom,with the same money they stole from country... Buhari shouldn't even renew the license of the oil block to the same people.

Whenever you read "secret meeting", you better know you are hearing fake news.
Journalists writing made-up stories use word "secret" to justify why their fake stories that cannot be verified.

If the meeting is secret how come you now about it

No problem,we are waiting for the outcome.thanks.

Borrussia:


http://www.naij.com/441443-buhari-to-hold-discrete-talks-with-petrol-importers.html

Cc. lalasticlala ishilove

I pray d outcome of the meeting wil b positive because dis fuel hardship is hinderin so many activties of man

Sai baba

Good

Now is the time to work

Baba is fully set

So una no fit spell Secret? Even the mod who put it on fP? Borussia my guy I know you wrote discrete but your phone autocorrected it to secrete. Secrete ko excrete ni

Iyen naa daa.

[size=20pt]even if dem make am #20 per liter most people won't still buy more than 5 litres [/size]

Nigeria share of Natural Disaster: Fuel Scarcity,Strike,Corruption,Bad Roads,Unemployment,Power Failure and others.
#There was a country

Imagine a president elect trying to solve a problem while the official president is dead on the matter.

Those who call gej clueless are not wrong after all

why secret?
Abi na secretly im wan run im Govt?

He is being proactive... Unlike Jonathan!

the negotiation battle begins

Ee be like say the scarcity no reach east ooh.

baba tok with dem oo................... make dey find solution to d problem of fuel ...............

Fr

This is nice rather than criticize them.....sit down and iron things out amicably... No pinging on the bicycle. Time to get to work!