EdCure:

Agreed, sometimes I buy fuel for 110Nara as well as the official price of 87. The price fluctuations is not so much a result of scarcity as it is a regulatory and monitoring challenges on the part of the FG (which is yet to stabilise its operations), and the fraudulent acts of the oil cabals and marketers.

You will agree with me that we have not faced any product scarcity since the crisis level that Jonathan plunged the nation into in the twilight of his administration.

And yes, the NNPC alone can handle the business of fuel importation for Nigeria. What is needed is proper management, patriotism and efficient leadership coupled with functional refineries which I believe will perform at optimal levels in a matter of weeks.

One of the cardinal lessons that is learnt from GEJ's misrule is the fact that the business of fuel importation is a national security issue which Nigeria cannot afford to leave in the hands of unscrupulous businessmen and racketeers.

baralatie:

so during Gej administration from 2010 -2014 how often did you experience scarcity.

mdbissalla:


what does it take to have d capacity? can you pls educate us on it. we are all earssss

EdCure:

My points in reference to the Jonathan presidency is that, the issue of fuel subsidy and the acts of economic sabotage by fuel importers was very prominent (to crisis levels) throughout his administration.

BTW, I have many hobbies, but counting the days of scarcity is not one of them.

Sincere9gerian:
The truth is that for the most part of the last regime, we had fuel not just available but also sold at govt approved price. In fact, at a point, we bought fuel here in Enugu for #1 less than govt approved price.

The acute scarcity you talked about, during Which fuel sold for as much as #200, didn't last for more than 2 weeks and it was due to strike by oil workers.

The current scarcity is the longest we've had in a long while and nobody is saying anything about it.

janus05:
Even with the most prudent administrators, it will cost billions and take NNPC years to have the capacity to be sole importer. Tank farms takes money and time. Plus so many other logistics. What happens during the wait? We can't go back to NNPC now. The solution is total end on subsidy. This will encourage private refineries to spring up. All the talks about port Harcourt and kaduna refineries starting production are bogus. There are things government can't really do well especially in Nigeria.

baralatie:

so during Gej administration from 2010 -2014 how often did you experience scarcity.

docadams:


Do you wish to go back to that era?

chukwudi44:


You didn't answer his question

docadams:

Do you wish to go back to that era?

gists:
For the past 2 or 3 weeks, it been an average of about 5 good news per week if not more.
This week is starting with yet another one.
wailer are free to hug the nearest transformer. They are now working!!

God bless PMB.

baralatie:

did you lack petrol during that era

docadams:



I didn't lack in the main

docadams:



I didn't lack in the main

Sincere9gerian:

How is this a good news? Should we be talking about who imports fuel or how to end fuel importation? Should we be talking about who imports fuel or the price you and I buy fuel?

You worshipers at buhari's shrine have taken sycophancy to new heights

baralatie:

that is the answer that matters.
the next question is
1,do you continue paying subsidy or not

2.do you develop your indigenous facilities to be an exporter of refined products or not

3.do you put all your hopes on nnpc or you include the private sector to drive your oil and gas.

docadams:


Hmmmm
Some logic of an evasive forumite playing a judge and jury role.
What matters to you is the spending of N1.5trillion on subsidy well beyond a projected budgetary estimate of about N500b?
What's your goal in this world?
Remember my question is still pending.

docadams:


Do you wish to go back to that era?

janus05:
Even with the most prudent administrators, it will cost billions and take NNPC years to have the capacity to be sole importer. Tank farms takes money and time. Plus so many other logistics. What happens during the wait? We can't go back to NNPC now. The solution is total end on subsidy. This will encourage private refineries to spring up. All the talks about port Harcourt and kaduna refineries starting production are bogus. There are things government can't really do well especially in Nigeria.

Splashme:


With all happiness.

All filling staions were selling at govt approved prices of #97 and later #87. Fuel was available everywhere. Throughout his 5yrs, we had only about three scarcities

The two months this Daura man has been in Aso Rock it's been between #100 - #150 depending on where you live. On a normal day, 80% of filling stations do not have products to sell.

Splashme:


With all happiness.
During GEJ, filling staions were selling at govt approved prices of #97 and later #87. Fuel was available everywhere. Throughout his 5yrs, we had only about three scarcities

The two months this Daura man has been in Aso Rock it's been between #100 - #150 depending on where you live. On a normal day, 80% of filling stations do not have products to sell.

atlwireles:
NNPC as the sole importer of oil? Soon Nitel will become the sole provider of telecom services and Nepa will be restored. Even in 2015, this country is trying desperately to remain in darkness. NNPC does not have the capacity to meet 50% of this Nation petrol demand. Maybe rationing is the new policy.