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Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN - Politics (3) - Nairaland

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Petrol Price May Jump To ₦‎750 Per Litre — IPMAN / Fuel Scarcity: We Have 2 Billion Litres Available – NNPC / Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN (2) (3) (4)

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Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Dagenius53: 10:20am On Jun 21, 2022
It has always been 185# in east when I was there.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nukilia: 10:20am On Jun 21, 2022
Angelfrost:


Leave them... Everyone of them will suffer for that useless national protest!


Most Nigerians especially youths make me ashamed with their shortsightedness!

Use your sense! GEJ never put any credible structure in place for subsidy removal; the APC criminals rode on the protest to deceive the masses. Peter Obi is also coming to impoverish more people because a sectional president can not lead this country successfully.

A regional prime minister for each 6 geopolitical region will solve this criminal enterprise
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by begge: 10:21am On Jun 21, 2022
I am just crying with my nose.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Amoo89: 10:21am On Jun 21, 2022
This is part of issues that needs analysis

But will IPMAN deny that they are not aware that some of the marketers are already selling above #165. If it is so IPMAN SHOULD not play Nigeria factor on stations selling at #165 anybody can sell at any price if those that belief it is not conducive should go and buy at similar place those that are selling at cheaper rate are getting it from. Cheap and quality don’t forget. I can mention names of stations selling at cheaper rate
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by EmekaBlue(m): 10:22am On Jun 21, 2022
lugado:


So Peter obi will not increase it abi cheesy
You know the truth. Follow your conscience
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:25am On Jun 21, 2022
Tovardmarcle:

Things are getting scary day by day, Nigeria as gone to dustbin without any hope on sight!

This will keep getting worse until we find a lasting solution to the issue of PMS by reviving our abandoned refineries...

Even if we revive our refineries...would you refine fuel there at N300 and above and sell the same fuel at N165 , and expect them to run well without profit.

Plus we cannot revive our refineries because NNPC is forced to bring in fuel at N350 (as at march) and sell at N165, and the loss is covered by subsidy, and even then with rising cost of reifning crude into fuel...they still lose money. (and all that TAM na wash. )

4 Likes

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by obi58: 10:27am On Jun 21, 2022
I'm just surprised that not one supporter of Bola Ahmed Tinubu is on this thread advocating why Tinubu is the best choice for Nigeria.

Just goes to show that BAT supporters have no conscience.

1 Like

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:27am On Jun 21, 2022
Nukilia:


Use your sense! GEJ never put any credible structure in place for subsidy removal; the APC criminals rode on the protest to deceive the masses. Peter Obi is also coming to impoverish more people because a sectional president can not lead this country successfully.

A regional prime minister for each 6 geopolitical region will solve this criminal enterprise

GEJ was planning to do a partial removal of fuel subsidy.

Nigerians said no.

Also, dividing into regions won't solve the problem...which is fuel is being sold at a loss, and the subsidy payments are not covering that loss adequately. (There is nothing wrong with your idea on regions, but it won't make the problem go away...unless each and every region charges taxes at a high rate on everyone to pay for subsidies on fuel)

1 Like

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Light78: 10:29am On Jun 21, 2022
Some Nigerians are the most useless human beings on earth. After collecting bribes, you would still pay for the high cost of goods and services. Who is deceiving who in this country? Why is it that people don't want to learn? Why do we like suffering in this country? It will do us no good. Let us try our best and vote for the right leader that would change things. Peter Obi has what it takes to take this country higher and remove us from poverty. Why are we being tribalistic? We see good in people but we look at the other way because of tribalism. I am seriously pissed right now with Nigerians.

Why are you people cursed? You have to decide today, collect bribes and pay for the high cost of goods and services and suffer continuously, or vote for the right leader and enjoy for the rest of your life.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Makowonda: 10:30am On Jun 21, 2022
This one no shock me because I no fit remember the last time wey I buy fuel at the rate of N165 per litre.Give us news wey go shock us;tell us say una don discover a treckable shortcut from Naija to USA.That one go shock us.

3 Likes

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:32am On Jun 21, 2022
Light78:
Some Nigerians are the most useless human beings on earth. After collecting bribes, you would still pay for the high cost of goods and services. Who is deceiving who in this country? Why is it that people don't want to learn? Why do we like suffering in this country? It will do us no good. Let us try our best and vote for the right leader that would change things. Peter Obi has what it takes to take this country higher and remove us from poverty. Why are we being tribalistic? We see good in people but we look at the other way because of tribalism. I am seriously pissed right now with Nigerians.

Why are you people cursed? You have to decide today, collect bribes and pay for the high cost of goods and services and suffer continuously, or vote for the right leader and enjoy for the rest of your life.

So what do you want Peter Obi to do about the situation?

The only solution is subsidy removal...and allowing marketers to control the price, so that there would be enough profit to build up refining capacity in this country.

If you support the subsidy, you are supporting the problem, and bringing problem for yourself.

4 Likes

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Light78: 10:34am On Jun 21, 2022
subsidywise18:


So what do you want Peter Obi to do about the situation?

The only solution is subsidy removal...and allowing marketers to control the price, so that there would be enough profit to build up refining capacity in this country.

If you support the subsidy, you are supporting the problem, and bringing problem for yourself.

You are a BAT
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:36am On Jun 21, 2022
Angelfrost:


Honestly, things have gotten progressively worse since 2015... Like one year being worse than the previous one!

No sane nation would have allowed Buhari and APC complete first term not to even speak of gifting them a second term.

Nigerians are a special breed abeg! lipsrsealed

Very special breed. Many Nigerians were so eager to reward buharis obvious failures with another term. I am yet to understand the motivation or the juju behind it. Despite that, many are still queuing behind the man who has been boasting that he personally gifted us buhari

2 Likes

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by gambia(m): 10:36am On Jun 21, 2022
Keep scamming the gullible ones
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Traplord09: 10:36am On Jun 21, 2022
Problem no da end... cry cry cry cry cry

With all this sad grin
wedding price we still be higher
Then all girls or ladies we marri themselves or there
Father we make them there house Wife grin grin grin grin angry shocked

Nigeria fela .... .... ... Story still leav on
Make I just sit down......
Nothing good we come out from de country

Well southwest eye never open

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Enyimbamercedes: 10:36am On Jun 21, 2022
Nigeria jaga jaga

What else starts with jaga?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:37am On Jun 21, 2022
subsidywise18:


So what do you want Peter Obi to do about the situation?

The only solution is subsidy removal...and allowing marketers to control the price, so that there would be enough profit to build up refining capacity in this country.

If you support the subsidy, you are supporting the problem, and bringing problem for yourself.

All this while even before the refineries collapsed, who has govt been paying subsidy to?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Angelfrost(m): 10:37am On Jun 21, 2022
CheapHomes1:


Very special breed. Many Nigerians were so eager to reward buharis obvious failures with another term. I am yet to understand the motivation or the juju behind it. Despite that, many are still queuing behind the man who has been boasting that he personally gifted us buhari

That's why they will never cease to suffer!
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Reference(m): 10:37am On Jun 21, 2022
Elections do have serious consequences.

Where are those selling their votes for N5,000. That will soon be five litres for four years of democracy come 2023. Let me see if you can turn five litres to 'feed' three thousand kilometres of innercity transportation.

Honestly, INEC giving out PVC's like candy without a brief sanity or IQ test is a crime against democracy.

1 Like

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:40am On Jun 21, 2022
subsidywise18:


GEJ was planning to do a partial removal of fuel subsidy.

Nigerians said no.

Also, dividing into regions won't solve the problem...which is fuel is being sold at a loss, and the subsidy payments are not covering that loss adequately. (There is nothing wrong with your idea on regions, but it won't make the problem go away...unless each and every region charges taxes at a high rate on everyone to pay for subsidies on fuel)

How is subsidy payment not covering the loss adequately?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:40am On Jun 21, 2022
Light78:


You are a BAT

Thanlks for not answering my question

And don't insult me by calling me a bat or atiku or obi supporter

1 Like

Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by nedekid: 10:41am On Jun 21, 2022
Bomboiy:
APC met it at 95 naira.

If we make another mistake and vote for APC we will suffer terribly. Another 8yrs of APC will send it to 600/litre
I think they met it at ₦65.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:42am On Jun 21, 2022
nedekid:

I think they met it at ₦65.

N87.

Pdp met it at n22 in 1999.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:45am On Jun 21, 2022
subsidywise18:


Thanlks for not answering my question

And don't insult me by calling me a bat or atiku or obi supporter


You also aren't answering my questions.
CheapHomes1:


How is subsidy payment not covering the loss adequately?

CheapHomes1:


All this while even before the refineries collapsed, who has govt been paying subsidy to?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:47am On Jun 21, 2022
CheapHomes1:


I am lexy2014.


Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:49am On Jun 21, 2022
subsidywise18:


Even if we revive our refineries...would you refine fuel there at N300 and above and sell the same fuel at N165 , and expect them to run well without profit.

Plus we cannot revive our refineries because NNPC is forced to bring in fuel at N350 (as at march) and sell at N165, and the loss is covered by subsidy, and even then with rising cost of reifning crude into fuel...they still lose money. (and all that TAM na wash. )

All the monies being stolen at nnpc, where is it coming from?

Before nnpc started bringing fuel as you say, who was govt paying subsidy to?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:51am On Jun 21, 2022
[quote author=subsidywise18 post=114009651][/quote]

Who cares? Does that answer the questions?

How is subsidy payment not covering the loss adequately?

All this while even before the refineries collapsed, who has govt been paying subsidy to?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nobody: 10:52am On Jun 21, 2022
CheapHomes1:


I am lexy2014.
I am obidient


Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by Nukilia: 10:52am On Jun 21, 2022
subsidywise18:


GEJ was planning to do a partial removal of fuel subsidy.

Nigerians said no.

Also, dividing into regions won't solve the problem...which is fuel is being sold at a loss, and the subsidy payments are not covering that loss adequately. (There is nothing wrong with your idea on regions, but it won't make the problem go away...unless each and every region charges taxes at a high rate on everyone to pay for subsidies on fuel)

I believe you are aware of the sabotage going on in the petroleum sector. The government keep paying salaries to the NNPC workers despite their poor performance. Every region if allowed to develop at their own pace, it will lead to a collective transformation.
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by harmargedon: 10:53am On Jun 21, 2022
olisaEze:
All the last minute tiff tiff is about to commence! Things will continue to degenerate at a pace in the oil/gas sector till the elections are over. Forget all the reasons they’ll give, it has been the pattern now since GEJ. cool
cooking gas is now 900 o!!!!! And it will still go up. What will happen to the poor masses out there?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by CheapHomes1: 10:54am On Jun 21, 2022
[quote author=subsidywise18 post=114009782][/quote]

How is subsidy payment not covering the loss adequately?

All this while even before the refineries collapsed, who has govt been paying subsidy to?
Re: Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN by seborrhic: 10:54am On Jun 21, 2022
subsidywise18:


Even if we revive our refineries...would you refine fuel there at N300 and above and sell the same fuel at N165 , and expect them to run well without profit.
Thank you.
I have been saying it,anyone expecting that when Dangote refinery comes on board,fuel would be sold at ₦165 is living in a grand illusion.
Even the ready availability is not guaranteed because issues of supply and distribution would come in.
Fuel would likely sell at ₦250 at the least when DR comes on board.
If Nigerians refuse to buy at that price,the man can easily tell us he is exporting to neighbouring African countries where there is a ready market for his product which at ₦250 or ₦300 would be relatively cheaper than if they import from outside Africa.
Of course the FG will tell NNPC and marketers they can no longer be subsidising imports when the product is at their backyard.
When you are faced with sourcing scarce dollars and importing fuel then at say ₦350-₦400,rather than buy at maybe ₦280-₦300 from Dangote,you wouldn't need to be an intelligent businessman to know which to chose.

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