By Luka Binniyat

Owners of Mega Filling Station in
Nigeria, on Tuesday, threatened to shut
operations nationwide over alleged plans by the
management of Nigeria National Petroleum
Company, NNPC, to impose lower pump price of
fuel price on them.
At a briefing in Kaduna by the Mega Filling Station
Owners of Nigeria, AMFSON, its National
Secretary, Kenneth Nwachukwu, claimed the
Group Managing Director of NNPC, Dr. Ibe
Kachikwu, who is also Minister of State for
Petroleum, had directed that all mega filling
stations sell fuel at varying rates of N130.00,
N135.00, N140.00 per litre, while their
competitors sell at N145 per litre.
According to him: “We are kicking against a
directive by the Minister of State for Petroleum
that we sell fuel for less than N145 per litre. We
are all marketers and we get supplies at the same
source and at the same price. Why should we be
made to sell at N130, N135 and N140 per litre
while others sell for N145 per litre? With this
pronouncement by the Minister, we foresee a
looming fuel scarcity because we may have to
shut operations nationwide.
''We also see fuel scarcity because some
unscrupulous marketers would rather get their
supplies and sell in the black market at N145
than take the fuel to their stations and this will
cause another crisis in the retail chain.''
“We have never seen this kind of policy. In fact it
will increase corruption which government is
fighting tooth and nail to stop. Some people are
already bribing their way at the depots and
officials there are selling to them at a price lower
than the official one. These people can afford to
sell at a price lower than N145. But we buy at
official price and as such cannot be forced sell
lower than N145.
“We cannot be in the river and allow soap to
enter our eyes. Take a look at Kaduna situation for
instance, how can someone in Sabon Tasha area
of Kaduna city be selling at a lower pump price,
and another person will be selling at a higher
price along the same Eastern Bypass, the same
vicinity, is there justice in this kind of supply and
distribution of NNPC products. We want to recall
that in the heat of recent past fuel crisis in the
country, we had a meeting with the Minister,
where we proffered solutions to fuel scarcity. We
gave him our support."

www.vanguardngr.com/2016/06/fuel-scarcity-looms-over-varying-fuel-pump-price-mega-filling-station-owners/

Wetin concern me? I have my legebenze with me, it uses non subsidise petroleum product

This is the change you asked for.

Sorry chains !!!

Amazing government with yoyo policies. Where is the deregulation? Foolish jokers!

Panic mode - deactivated.
Fingers crossed.


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Make diz guys arrange demsefes well O. Make dem no act part 2 of dat kin film again. D one wen dem do us last time, I still dey recover from am abeg, make dem jus park well, go arrange demsefes. And dat yeye boy wen dem dey call Kachikwu, wetin dey worry am 4 head. Na so so scatter scatter and mago mago ya eim dey do. Make ein stop all diz ruff play O. E no good at all.

Hehehe

Kachikwu better leave them alone OOO. .So this is how they planned to make the market forces take over ... this will only cause more scarcity as every one will rather sell to smaller stations so they can make more profit

Our system simply isn't strong n mature enough for most of the textbook policies our leaders enforce. You don't persuade marketters to sell at lower rate, instead the marketters should be the ones seeking larger market share by enticing customers with lower prices. The marketters have decided to maintain maximum price to maximize profit. I call it the result of years of unionizing to fight off oppression

This government is mad. Me and another person buy same thing at the same price and not that they are giving them discount or subsidising for them o and you want them to sell cheaper. They invested to make money for crying out loud. So you want them to please the government or citizens in the expense of there investment abi?

This government is not serious at all. They will just wake up from sleep and make some silly rules and statements. It's better they allow them be and we buy steadily at 145 than causing scarcity again. We are getting use to the hardship already.

Change is a SCAM. Buhari has entered into a swarm of worms. It's only a matter of time before the whole system will rot and decay

People like Andy Ubah should be arrested and their licenses withdrawn. Such people are sabotaging government's effort at deregulation because they are sympathetic to biafra which will never come

OP, you and your evil brothers have been singing senator Bruce on Twitter that fuel scarcity looms....since last month...u no go tire?

Speculation is part of government hence nothing new.

This kachikwu is an idiott, always causing anxiety and apprehension.

I think I love this price Modulation template!
It restricts greedy marketers from exploiting the public!

Amazing action

Why can't they set the template so that all stations be it mega or non mega can sell at a regulated price. We are tired of bad news, let the leaders compose themselves for once and give us good news jare

Another scarcity looms ahead abeg make I go fill my tanks..and jerry can.

Why not implement full deregulation and leave government out of pricing of petroleum products let market forces determine price.

it's all about profits, profits and more profits

there is dis nnpc mega station in gwarimpa that is close to a total filling station

the mega station sells at 140 while the total at 145

almost everything time, one would notice long queues in front of the mega station while the pump attendants in total would be standing der idle waiting for people to come in

what is 5 naira dat dey cannot sacrifice for Nigerians. after all they have being exploiting us since

Even people are not buying fuel as they used to. The filling station near our office receives few visitors a day.

Government should quit fixing pump price and leave market forces to work the price out. We will continue to run round in circles if government still maintains its smothering hold on the oil industry. Fuel queues are an eyesore in an oil producing nation like ours...it is time to make it a forgotten sight.

Yeah, the govt can regulate pricing but I think they need be flexible


The price of PMS will naturally comes down

bejeiodus:
Government should quit fixing pump price and leave market forces to work the price out. We will continue to run round in circles if government still maintains its smothering hold on the oil industry. Fuel queues are an eyesore in an oil producing nation like ours...it is time to make it a forgotten sight.

But this goverment dey mess up big tyme O. An 4 anoda talkie talkie, people wen dey claim president mouth, dey yarn about change, change.

tuoyoojo:
it's all about profits, profits and more profits

there is dis nnpc mega station in gwarimpa that is close to a total filling station

the mega station sells at 140 while the total at 145

almost everything time, one would notice long queues in front of the mega station while the pump attendants in total would be standing der idle waiting for people to come in

what is 5 naira dat dey cannot sacrifice for Nigerians. after all they have being exploiting us since

Its not the government's call to tell them ..let them take that decision by themselves

I thought they said that the new price modulation would checkmate such issues. Already we have received news of the effect of the price hike on our inflation rate. It has spiked, due to the price hike. Government needs to start analazing all parameters of a policy before implementing it

Let them return all subsidies, money or otherwise, to qualify for N145.

The truth is that Kachikwu is minister without portfolio. That's the cause of all these yoyo policies.
"You give somebody a goat and you hold the rope, how can he go forward with the goat?"
Don't ask me why, but those in the industry will know better, that the 'minister of petroleum' is dumbly controlling behind a mask, and Kachikwu is loudly taking the bashing. Systems don't work well like that. He should be empowered like Fashola and see consistency and professionalism in the industry.

KINGwax007:
OP, you and your evil brothers have been singing senator Bruce on Twitter that fuel scarcity looms....since last month...u no go tire?

Why accuse the op, you couldn't check out his source?