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Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers - Politics - Nairaland

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Why We Can’t Sell Petrol At 125/litre – Marketers / Why Petrol May Not Sell At N145 Anytime Soon / We Can No Longer Import, Sell Fuel At N145/litre — Marketers (2) (3) (4)

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Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by metronaijaNG: 9:16am On Dec 29, 2017
Marketers in South-east Nigeria on Thursday explained why they cannot sell premium motor spirit, petrol at the regulated price of N145 per litre as being demanded by officials of Department of Petroleum Resources, DPR.

The marketers spoke as officials of DPR continued clampdown on petroleum products marketers who refused to sell the petrol at the official price.

The team, led by Mr Anthony Douji from Enugu office, stormed eight filling stations which were selling at N250 per litre and forced them to revert to the official rate of N145 per litre.

The DPR team monitored the stations as they dispensed the product at official rate to the delight of motorists in Awka and its environs.

However, Stanel filling station, near Nnamdi Azikiwe University and NNPC mega filling station at Amawbia near Awka, were both selling at N145 with long queues of vehicles that caused traffic hold up on the Enugu-Onitsha expressway.

A marketer in Nanka, Orumba North, Pilar Pole filling station, had his outfit sealed for allegedly diverting two trucks of 40,000 litres each allocated to him as contained in the manifest of the DPR.

Neither the owner nor the manager of the station showed up while the team was there but the pump attendants were busy selling at the exorbitant rate of N250.

The station was sealed and charged with diversion and hoarding of the product.

Speaking on the development, Douji regretted that most marketers in Anambra were selling the product between N250 and N280 per litre and vowed that the DPR would make them to revert to the normal rate.

He said those who lifted PMS from the NNPC were supposed to sell at N145, noting that refusal to comply with the directive would attract sealing their stations and charging them fine.

He challenged the marketers to show proof that they procured the product at above the depot price unless they did not have excuses to fleece their customers.

“We have the manifest here, anybody who sells above the normal price will be made to revert and if after we leave, they go back to their practice, we will seal the station.

“It is a continuous exercise until normalcy is restored in the system.

“How can somebody get allocation for 80,000 litres from NNPC and he is still selling at N250; that was why we have to seal Pilar Pole for diversion and hoarding.

“For those claiming that they bought at an exorbitant rate, all we demand is a proof that a particular depot is selling at an existing depot price and government will face such depots,” he said.

Chief Ikechukwu Etele, Managing Director of Ifenna Petroleum which was selling at N250 but was made to sell at N145, said he was being targeted for a crime he did not commit.

Etele said the product he had was procured at N245 from independent marketers.

He said that he, together with the marketers in the South East, had never bought the product from NNPC since about 14 years when the Enugu depot at Emene broke down.

“We have been sourcing petroleum products from Lagos, Port Harcourt, Warri and other places.

He said petrol scarcity and price hike would best be managed if NNPC expanded the supply channel beyond the major oil marketers.

In a related development, petroleum marketers in Anambra said they would no longer condone the auctioning of their members’ products by the Federal Government in the bid to normalise price.

Chairman of the marketers in the state, Chief Cletus Obiokafor, said marketers could no longer be bearing the brunt for the inefficiency in the sector.

Obiokafor said they would shut down their filling stations if the clampdown on them continued until they would able to buy at rates that would be profitable at N145.

“The fault is not with us, it at the points where we load products; as I am talking to you I bought the products I am selling now at N235 and the content was short of 1,800 litres after it was discharged and I have paid.

“As Chairman of marketers in Anambra, I cannot lie to you; anybody who tells you we are buying products at normal price and selling at N250 is not truthful.

“If they continue to sell our members’ products at N145 without making it possible for us to buy at normal rate, IPMAN and other stakeholders shall meet and close down our filling stations; we cannot incur that loss anymore.

“The Federal Government knows what to do to solve the problem; we are not responsible for it,” he said.

http://www.metronaija.ng/cannot-sell-petrol-n145-per-litre-s-east-marketers/
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Boleyndynasty2(f): 9:19am On Dec 29, 2017
Oya FG over to you

4 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by So101: 9:24am On Dec 29, 2017
These marketers will lie through their teeth and say they can’t lie kmt

42 Likes 3 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by AlienRobot: 10:51am On Dec 29, 2017
So, what the heck are these rumors
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by dannytoe(m): 10:52am On Dec 29, 2017
Buhari is leaving aso-rock in 2019, no going back.

32 Likes 3 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Sprumbabafather: 10:54am On Dec 29, 2017
Is it impossible to repair the NNPC depot at Emene which had broken down since the past 14 years? Why must south east marketers be made to buy petrol in Warri, PH and Lagos.

This is marginalisation.

101 Likes 10 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by 1zynnvn(m): 11:47am On Dec 29, 2017
We like money ,finish

6 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by jbreezy: 11:47am On Dec 29, 2017
Honestly, naija problem is nt only from d pple at d top level...even an average nigerian is corrupt-minded...can't wait to jump out of diz zoo mehn

74 Likes 3 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Sermwell(m): 11:47am On Dec 29, 2017
winkPlease click like if you are atikulating in 2019! cool

41 Likes 1 Share

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by fecta: 11:47am On Dec 29, 2017
The answer is simple..
BUHARI FAILED...
No futher story needed

Modified
The poster above thinking of voting for Atiku, is among those destroying this country.
How can you be recycling trash.
We need another candidate or i wont vote.
Thank God that my visa is almost ready seff.

60 Likes 1 Share

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Write2018: 11:47am On Dec 29, 2017
So this whole thing is about increasing fuel price

4 Likes 1 Share

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by nairavsdollars(f): 11:48am On Dec 29, 2017
But the South East claim they have Oriental oil. Why cant they just build a refinery and sell oil at the price they want?

25 Likes 1 Share

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by RisMas(m): 11:48am On Dec 29, 2017
I keep saying this and will continue to say it. Igbos are their own personal enemies. sad sad

103 Likes 10 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by 1nigeriamyfoot: 11:48am On Dec 29, 2017
We need to vote out this dullard come 2019, but Atiku is not an option and will never be an option because we have more credible people to becomes the next president.

7 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Annie939(f): 11:49am On Dec 29, 2017
like seriously mehhhh this country is a mess

1 Like

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Nobody: 11:50am On Dec 29, 2017
grin

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Tugsramm(m): 11:51am On Dec 29, 2017
metronaijaNG:

Marketers in South-east Nigeria on Thursday explained why they cannot sell premium motor spirit, petrol at the regulated price of N145 per litre as being demanded by officials of Department of Petroleum Resources, DPR.

The marketers spoke as officials of DPR continued clampdown on petroleum products marketers who refused to sell the petrol at the official price.

The team, led by Mr Anthony Douji from Enugu office, stormed eight filling stations which were selling at N250 per litre and forced them to revert to the official rate of N145 per litre.

The DPR team monitored the stations as they dispensed the product at official rate to the delight of motorists in Awka and its environs.

However, Stanel filling station, near Nnamdi Azikiwe University and NNPC mega filling station at Amawbia near Awka, were both selling at N145 with long queues of vehicles that caused traffic hold up on the Enugu-Onitsha expressway.

A marketer in Nanka, Orumba North, Pilar Pole filling station, had his outfit sealed for allegedly diverting two trucks of 40,000 litres each allocated to him as contained in the manifest of the DPR.

Neither the owner nor the manager of the station showed up while the team was there but the pump attendants were busy selling at the exorbitant rate of N250.

The station was sealed and charged with diversion and hoarding of the product.

Speaking on the development, Douji regretted that most marketers in Anambra were selling the product between N250 and N280 per litre and vowed that the DPR would make them to revert to the normal rate.

He said those who lifted PMS from the NNPC were supposed to sell at N145, noting that refusal to comply with the directive would attract sealing their stations and charging them fine.

He challenged the marketers to show proof that they procured the product at above the depot price unless they did not have excuses to fleece their customers.

“We have the manifest here, anybody who sells above the normal price will be made to revert and if after we leave, they go back to their practice, we will seal the station.

“It is a continuous exercise until normalcy is restored in the system.

“How can somebody get allocation for 80,000 litres from NNPC and he is still selling at N250; that was why we have to seal Pilar Pole for diversion and hoarding.

“For those claiming that they bought at an exorbitant rate, all we demand is a proof that a particular depot is selling at an existing depot price and government will face such depots,” he said.

Chief Ikechukwu Etele, Managing Director of Ifenna Petroleum which was selling at N250 but was made to sell at N145, said he was being targeted for a crime he did not commit.

Etele said the product he had was procured at N245 from independent marketers.

He said that he, together with the marketers in the South East, had never bought the product from NNPC since about 14 years when the Enugu depot at Emene broke down.

“We have been sourcing petroleum products from Lagos, Port Harcourt, Warri and other places.

He said petrol scarcity and price hike would best be managed if NNPC expanded the supply channel beyond the major oil marketers.

In a related development, petroleum marketers in Anambra said they would no longer condone the auctioning of their members’ products by the Federal Government in the bid to normalise price.

Chairman of the marketers in the state, Chief Cletus Obiokafor, said marketers could no longer be bearing the brunt for the inefficiency in the sector.

Obiokafor said they would shut down their filling stations if the clampdown on them continued until they would able to buy at rates that would be profitable at N145.

“The fault is not with us, it at the points where we load products; as I am talking to you I bought the products I am selling now at N235 and the content was short of 1,800 litres after it was discharged and I have paid.

“As Chairman of marketers in Anambra, I cannot lie to you; anybody who tells you we are buying products at normal price and selling at N250 is not truthful.

“If they continue to sell our members’ products at N145 without making it possible for us to buy at normal rate, IPMAN and other stakeholders shall meet and close down our filling stations; we cannot incur that loss anymore.

“The Federal Government knows what to do to solve the problem; we are not responsible for it,” he said.

http://www.metronaija.ng/cannot-sell-petrol-n145-per-litre-s-east-marketers/

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by passwelle: 11:51am On Dec 29, 2017
We are our own enemies in this country.
metronaijaNG:

“The fault is not with us, it at the points where we load products; as I am talking to you I bought the products I am selling now at N235 and the content was short of 1,800 litres after it was discharged and I have paid.

“As Chairman of marketers in Anambra, I cannot lie to you; anybody who tells you we are buying products at normal price and selling at N250 is not truthful.
Mr Chairman show proof of purchase above NNPC price biko.
So for 14 years the Depot has been out of order, yet successive governments have been in place both PDP & APC. Sad.

40 Likes 1 Share

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by tessygirl(f): 11:51am On Dec 29, 2017
God save us
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by RIPEnglish: 11:52am On Dec 29, 2017
This is only one people fault, buhari is should suppose to went and resignations.
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by BiafraBushBoy(m): 11:52am On Dec 29, 2017
The dullard at work angry

God bless Buhari cheesy

Kill depression by reading great Nigerian stories free on Topwriters Nigerian Stories
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Tugsramm(m): 11:52am On Dec 29, 2017
jbreezy:
Honestly, naija problem is nt only from d pple at d top level...even an average nigerian is corrupt-minded...can't wait to jump out of diz zoo mehn
nd move to libya ryt?

4 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Massob: 11:53am On Dec 29, 2017
They are the ones that cause this scarcity.... Awon Omo ibo, dem b thief

12 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by iamrammy(m): 11:53am On Dec 29, 2017
same old shit, too bad i couldn't read the crap...faild country,i'm planning a revolution,nairalanders support my course lets change this country.

2 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Chukazu: 11:53am On Dec 29, 2017
nairavsdollars:
But the South East claim they have Oriental oil. Why cant they just build a refinery and sell oil at the price they want?

Can you show the refineries built in your own region and how affordable fuel has become?

24 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by grandstar(m): 11:53am On Dec 29, 2017
Economic incompetence and this present government can never be divorced.

Kachikwu advised Buhari to deregulate the price. That is the only solution to this issue.

I suspect oil will soon hit the $75 to $80 range as the Euro areas economic is now showing a strong recovery of above 2% after being in the doldrums for several years.

A pick up will have a positive effect on other parts of Europe and the world at large.

4 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by GavelSlam: 11:53am On Dec 29, 2017
The depot has been in a state of disrepair for 14 years and you guys remained silent as it helps you make that obscene profit you just love.

23 Likes 2 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by lincsnuel: 11:53am On Dec 29, 2017
Hmm nawao
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by omohayek: 11:54am On Dec 29, 2017
What a ridiculous article, complete with all the lazy cliches so loved by Nigeria's pathetic excuses for journalists (including the usual nonsense about someone or other "storming" something). Only in failed states like Nigeria does it continue to be believed that price caps can be made to work: the only sensible long-term solution to Nigeria's fuel shortages is to completely deregulate prices and participation in the sector, otherwise you end up like Venezuela, which has the world's largest proven oil reserves, yet its people line up daily for items as basic as toilet paper while its children are suffering from mass starvation.

It really is a shame that no Nigerian "journalists" seem to have even a glancing acquaintance with rudimentary economics.

14 Likes 2 Shares

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by ebig21(m): 11:55am On Dec 29, 2017
because buhari told you not to, just to suffer igbos during Christmas

4 Likes

Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by pointstores(m): 11:55am On Dec 29, 2017
No be only for east here also they sell 200 to 250 in Lagos here

6 Likes 1 Share

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