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Nairaland Forum / Nairaland / General / Politics / Forex Scarcity: Marketers Still Depend On NNPC (7506 Views)
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Forex Scarcity: Marketers Still Depend On NNPC by BeeBeeOoh(m): 5:14am On May 25, 2016 |
By Clara Nwachukwu Despite the ‘relief’ from the pains of scarcity, following the increase in the pump price of premium motor spirit, PMS, also called petrol to N145 per litre, and liberalisation of sourcing for foreign exchange, FOREX, majority of the oil marketers still depend on the Nigerian National Petroleum Corporation, NNPC, for their supplies. Dependence on NNPC supplies follows challenges being faced by petroleum products importers and oil marketers in sourcing for the requisite forex to enable them bring in refined products. : http://www.vanguardngr.com/2016/05/forex-scarcity-marketers-still-depend-nnpc/ |
Re: Forex Scarcity: Marketers Still Depend On NNPC by chriskosherbal(m): 5:16am On May 25, 2016 |
OK I see |
Re: Forex Scarcity: Marketers Still Depend On NNPC by Mologi(m): 5:25am On May 25, 2016 |
Anything that wll help economy... |
Re: Forex Scarcity: Marketers Still Depend On NNPC by omowolewa: 5:45am On May 25, 2016 |
Did you expect anything short of that? |
Re: Forex Scarcity: Marketers Still Depend On NNPC by TPAND(f): 6:09am On May 25, 2016 |
We are in it ooo. Pump price will soon soar high again, with this new CBN flexible pricing policy. Crude oil prices are soaring past $50, logically expect petroleum products to go in direct proportion with the rise 5 Likes |
Re: Forex Scarcity: Marketers Still Depend On NNPC by otokx(m): 7:09am On May 25, 2016 |
TPAND: Original 1 chance 2 Likes 1 Share |
Re: Forex Scarcity: Marketers Still Depend On NNPC by BossKratos: 7:14am On May 25, 2016 |
But why na? 1 Like |
Re: Forex Scarcity: Marketers Still Depend On NNPC by jammani(m): 10:27am On May 25, 2016 |
Please lets keep praying for Nigeria.. This is serious hard times |
Re: Forex Scarcity: Marketers Still Depend On NNPC by ibe9ja: 10:29am On May 25, 2016 |
Very well |
Re: Forex Scarcity: Marketers Still Depend On NNPC by Eseries(m): 10:32am On May 25, 2016 |
. |
Re: Forex Scarcity: Marketers Still Depend On NNPC by Arewa12: 10:32am On May 25, 2016 |
NNPC WU U EPP |
Re: Forex Scarcity: Marketers Still Depend On NNPC by Goke7: 10:35am On May 25, 2016 |
subsidy was the only thing that kept these marketers in business, they can never survive without subsidy from Govt, expect a lot of marketers especially the minor ones to fold up soon, all na wash awon ole jatijati 5 Likes 1 Share |
Re: Forex Scarcity: Marketers Still Depend On NNPC by coldsummer: 10:41am On May 25, 2016 |
[size=18pt]the policies are so flawed. this government is trying to make me feel disappointed but i will still wait[/size] |
Re: Forex Scarcity: Marketers Still Depend On NNPC by seunajia: 10:46am On May 25, 2016 |
I thought the plan was to pair the marketers up with IOCs who'd sell forex to them? Why are they having to source forex on the parallel market? 1 Like |
Re: Forex Scarcity: Marketers Still Depend On NNPC by princejtb4real(m): 10:52am On May 25, 2016 |
Una no reason wen pesin dey follo una tok em...njoy una chamg 1 Like |
Re: Forex Scarcity: Marketers Still Depend On NNPC by slytubadth(m): 10:55am On May 25, 2016 |
so 145 is not enough ba? make una make ham 300 na. goats! 3 Likes |
Re: Forex Scarcity: Marketers Still Depend On NNPC by 989900B: 11:08am On May 25, 2016 |
I know these people. |
Re: Forex Scarcity: Marketers Still Depend On NNPC by ritababe(f): 11:10am On May 25, 2016 |
TPAND: that was the plan |
Re: Forex Scarcity: Marketers Still Depend On NNPC by alt3r3g0: 11:20am On May 25, 2016 |
Where are the people importing diesel getting their forex?...if these people are still depending on nnpc, then lets revert to the normal price. No use buying 86 @ nnpc and selling 145. 3 Likes |
Re: Forex Scarcity: Marketers Still Depend On NNPC by Montaque(m): 11:22am On May 25, 2016 |
Every day we see no justification for the increase in pump price of petrol 1 Like |
Re: Forex Scarcity: Marketers Still Depend On NNPC by sillyNLmods: 11:30am On May 25, 2016 |
someday, another president will tell us that the government is still subsidising petrol with N9:95k. |
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