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NNPC slashes crude buyers from 43 to 16 - Politics (2) - Nairaland

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43-Year-Old Sister To Bayelsa Governor, Tari, Engaged To Her 29-Year-Old Lover / FG Slashes Import Licenses To Oil Marketers From 43 To 29 / NNPC Slashes Nigeria’s Crude Oil Prices Over Supply Glut (2) (3) (4)

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Re: NNPC slashes crude buyers from 43 to 16 by free2ryhme: 11:04am On Aug 28, 2015
cheesy Gbam! PMB is folding up the umbrella of corruption. Thanks to Dr. Kachikwu, an instrument of change.
Re: NNPC slashes crude buyers from 43 to 16 by SeverusSnape(m): 11:04am On Aug 28, 2015
docadams:

Ah! Are you Ok?
No I'm AB.
Re: NNPC slashes crude buyers from 43 to 16 by yungpowers(m): 11:05am On Aug 28, 2015
chamboy:
Igbos won't like this ... sorry wailers


wailers are Igbos so

All Igbos are wailers
You are really an ethnic bigot like baba buubuu.
ASSHOLES.

3 Likes

Re: NNPC slashes crude buyers from 43 to 16 by watchindelta(m): 11:09am On Aug 28, 2015
What of fuel wey still stand still for 110# & 100# em Oga? Nobody dey talk go there aba!
Re: NNPC slashes crude buyers from 43 to 16 by 4ubootyman: 11:09am On Aug 28, 2015
Willhenry123:
This is actually not a good move. In a free market, buyers should be encouraged to buy, this will help drive up demand. Artificial scarcity by hoarding may be counter productive as there are many alternatives in the global scene. This may not end up well for the economy

So you know more than Kachukwu?

2 Likes

Re: NNPC slashes crude buyers from 43 to 16 by MadCow1: 11:09am On Aug 28, 2015
ahckmedkosy:
The next thing we will start experiencing is shortage of supply.. I said it FIRST


Explain Uncle

1 Like

Re: NNPC slashes crude buyers from 43 to 16 by MadCow1: 11:10am On Aug 28, 2015
4ubootyman:


So you know more than Kachukwu?


grin
Re: NNPC slashes crude buyers from 43 to 16 by adjoviomole(m): 11:10am On Aug 28, 2015
Pu
Re: NNPC slashes crude buyers from 43 to 16 by onatisi(m): 11:10am On Aug 28, 2015
I wont be surprised if only buhari and apc ppl are the ones who will be chosen. It seems the payback has begun
Re: NNPC slashes crude buyers from 43 to 16 by mathskill: 11:12am On Aug 28, 2015
ahckmedkosy:
The next thing we will start experiencing is shortage of supply.. I said it FIRST

Ignorance is throughly a disease
Re: NNPC slashes crude buyers from 43 to 16 by Nobody: 11:13am On Aug 28, 2015
ok... let see how this move improves our economy.
Re: NNPC slashes crude buyers from 43 to 16 by docadams: 11:15am On Aug 28, 2015
SeverusSnape:
No I'm AB.
Anti Baba?
Re: NNPC slashes crude buyers from 43 to 16 by SeverusSnape(m): 11:18am On Aug 28, 2015
docadams:

Anti Baba?
Yes, exactly! grin
Re: NNPC slashes crude buyers from 43 to 16 by lomprico(m): 11:22am On Aug 28, 2015
ammyluv2002:
Ha! God bless the new NNPC Boss
Pls tell us how its a good move!
Re: NNPC slashes crude buyers from 43 to 16 by Willhenry123: 11:23am On Aug 28, 2015
nobody holds a monopoly on knowledge, the issue is not regulating the buyers, if they want to stem corruption, they should regulate the sellers. Many people are no longer lifting nigrrian crude, and he is cutting down the few willing ones. We mAy beg them to come back later. This is not politics sir, its pure demand and supply economics
4ubootyman:


So you know more than Kachukwu?

2 Likes

Re: NNPC slashes crude buyers from 43 to 16 by ammyluv2002(f): 11:26am On Aug 28, 2015
lomprico:

Pls tell us how its a good move!
It will differentiate between the good and d bad guys. Let's know who is who
Re: NNPC slashes crude buyers from 43 to 16 by litetias(m): 11:28am On Aug 28, 2015
Change is here indeed






Very affordable 3 bedroom, 2 bedroom and self-contain apartments in conducive environs in Warri is available for rent.

Just 1 yr upfront payment (Instead of the 2 years most landlords collect).

Contact me via my signature
Re: NNPC slashes crude buyers from 43 to 16 by docadams: 11:31am On Aug 28, 2015
SeverusSnape:

Yes, exactly! grin

Something tells me your conscious is in disharmony with this view. In fact, I think you're flailing at the irresistible magnetic drag of PMB achievements.

1 Like

Re: NNPC slashes crude buyers from 43 to 16 by stevecantrell: 11:34am On Aug 28, 2015
Ayanko:
Its a bad move, he is fighting some targeted people.

If the targeted people have been sabotaging the economy by their activities, then its a good move.

2 Likes

Re: NNPC slashes crude buyers from 43 to 16 by SeverusSnape(m): 11:36am On Aug 28, 2015
docadams:


Something tells me your conscious is in disharmony with this view. In fact, I think you're flailing at the irresistible magnetic drag of PMB achievements.
"Achievements"... You also added 's'.

You're very funny. Please name one of these "achievements".
Re: NNPC slashes crude buyers from 43 to 16 by Nobody: 11:37am On Aug 28, 2015
otabuko:
And PA BUHARI is yet to appoint petroleum minister.... Who monitors the whole thing.....or is the NNPC boss good enough to handle this slash....
Please don't wail....

So you're of the opinion that there are no capable hands at the ministry to carry on with the process without a minister?

Maybe it's a Nigerian thing to expect an oga at the top for companies/organizations to work.
Re: NNPC slashes crude buyers from 43 to 16 by veraponpo(m): 11:44am On Aug 28, 2015
Willhenry123:
This is actually not a good move. In a free market, buyers should be encouraged to buy, this will help drive up demand. Artificial scarcity by hoarding may be counter productive as there are many alternatives in the global scene. This may not end up well for the economy

So, who told you that this is a free market?

This is a market that is regulated and supported by the government. Subsidies are paid on imported products and NNPC determines who supplies what . Some crude products go to refineries, etc. It has never been a free market, hian?
Re: NNPC slashes crude buyers from 43 to 16 by docadams: 11:45am On Aug 28, 2015
SeverusSnape:
"Achievements"... You also added 's'.
You're very funny. Please name one of these "achievements".

Stability in the polity
Re: NNPC slashes crude buyers from 43 to 16 by margclever: 11:45am On Aug 28, 2015
Holyfield1:
Free billion dollars don stop. Wailers keep wailing that nothing is happening, while PMB is forging ahead with his sanitation mission. Sai Buhari! Sai Baba!
with what result and intention. Most will definitely be northerners . The most tribalistic president in the history of nigeria

1 Like

Re: NNPC slashes crude buyers from 43 to 16 by SeverusSnape(m): 11:48am On Aug 28, 2015
docadams:


Stability in the polity
You call all these lamentations stability?
If I may ask, Was there no stability before now
Re: NNPC slashes crude buyers from 43 to 16 by rolchi(m): 11:48am On Aug 28, 2015
In matters like this, I have learnt not to engage some people for the basic reason that...all they know about Nigerian Oil/Gas is what they read from the Newspapers.

When they will beg people to come and lift, you won't know! West Africa is not closer to our traditional buyers than the middle east!
Re: NNPC slashes crude buyers from 43 to 16 by mn09abk: 11:51am On Aug 28, 2015
Guy stick to your apprenticeship...Economics is not for you
Re: NNPC slashes crude buyers from 43 to 16 by Willhenry123: 11:53am On Aug 28, 2015
veraponpo:


So, who told you that this is a free market?

This is a market that is regulated and supported by the government. Subsidies are paid on imported products and NNPC determines who supplies what . Some crude products go to refineries, etc. It has never been a free market, hian?
last I remembered Nigeria was a capitalist economy. You need buyers sir. You don't regulate people you need. Our economy is based on crude about 70%, last I heard the nigerian government was practically seeking for new buyers so I'll take this news with a pinch of salt. The people who should be regulated are sellers and not buyers. Lastly,, crude buyers have nothing to do with subsidy. Let's watch and see the economic outcome of this policy, but I still have my doubts

1 Like

Re: NNPC slashes crude buyers from 43 to 16 by docadams: 12:00pm On Aug 28, 2015
SeverusSnape:
You call all these lamentations stability?
If I may ask, Was there no stability before now
No
Re: NNPC slashes crude buyers from 43 to 16 by atlwireles: 12:03pm On Aug 28, 2015
Stop all these window dressing about sales of crude oil. You have tankers filled with oil without any purchase orders undecided Nigeria oil is floating over the seas looking for spot buyers, yet you are telling lies here about reducing buyers, you don't have. angry angry angry angry

1 Like

Re: NNPC slashes crude buyers from 43 to 16 by SeverusSnape(m): 12:03pm On Aug 28, 2015
docadams:

No
Okay.

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