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Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station (44353 Views)

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Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by Dottore: 7:39pm On Jun 18, 2016
I had predicted the fall of petroleum pump price at the commencement of this deregulation but some pocket economists on Nairaland thought otherwise. I have friends who own filling station who had hitherto hoarded fuel thinking that I hey will hit it big.: now they are not finding it funny because of low patronage

5 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by Remii(m): 7:40pm On Jun 18, 2016
falconey:
just 6 naira difference? ??
N6 *1,000,000 =N6,000,000

6 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by realGURU(m): 7:43pm On Jun 18, 2016
buhari can only return us to wwhere pdp left us

2 Likes 1 Share

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by TeamSimple(m): 7:49pm On Jun 18, 2016
EMMAUGOH:
ZOMBEIS WILL START MASTURATINg ON 6 NAIRA DIFFRENCE. if i be president 4 dis country i dont need to brainwash people because hardship has already don the job
You won't know the value of that 6naira until you meet a stockbroker.

5 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by seguno2: 7:51pm On Jun 18, 2016
989900:
Things are changing.

......after four years of wilderness journey.

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by netmillionaires(m): 7:57pm On Jun 18, 2016
I wonder o. Let the government increase the price of petrol by the same meagre #6 and see whether this same sets of people won't be the first to hang them. We are talking about the law of demands here. Human wants is insatiable and no matter how much a marketer is making, he/she will always want to make more and build a heaven on earth. They understand the effect of a little price change on their revenue. When most customers refuse to patronise other marketers, it will force them to reduce price also. And this might continue like that until it became almost impossible to reduce price further without incurring a loss. This is what happened in the telecom industry when Etisalat came onboard. We pray for more reductions like this.
MVLOX:
Sometimes I wonder if some pple tink b4 dey talk.... Maybe u for go tif 6 naira make dem come catch u make u knw wetin dem go do u

4 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by emerged01(m): 7:58pm On Jun 18, 2016
falconey:
just 6 naira difference? ??

Oga na gradually o. If by every month,6naira dey commot,change don happen be dat o!

2 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by Emeskhalifa(m): 7:58pm On Jun 18, 2016
shaddoww:
Telecommunication industry started like this n we know wat it is today.
exactly. same example i was givin smone a week ago bt he was like "this wan different frm tht wan" this is fuel

2 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by sanbell: 7:59pm On Jun 18, 2016
I just bought it now @135 in zaria kaduna state.

5 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by NemzySeries(m): 8:01pm On Jun 18, 2016
falconey:
just 6 naira difference? ??
wen last u dash out ordinary 5naira? try go steal 1naira 4 market weda u'll live to tell d story

3 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by owonbe: 8:03pm On Jun 18, 2016
sai baba
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by tushbobo(m): 8:14pm On Jun 18, 2016
One of the reasons subsidy payment was high was due to petroleum products illegally transported out of the country for higher gains by some greedy fellows. Another was cooking the books to claim money for products which were never imported.

Hence, the removal of subsidy is a bitter pill that will later have visible benefits on the health of Nigeria.

2 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by LordVoldemort(m): 8:15pm On Jun 18, 2016
He is still making close to 35 naira as profit on every litre of pms sold and his rate of turnover will increase cos more people will patronize him

It's more of a business decision than giving back to customers

2 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by netmillionaires(m): 8:15pm On Jun 18, 2016
I wonder o. Na u dey mind them. Let the government increase the price of petrol by the same meagre #6 and see whether this same sets of people won't be the first to hang them. We are talking about the law of demands here. Human wants is insatiable and no matter how much a marketer is making, he/she will always want to make more and build a heaven on earth. They understand the effect of a little price change on their revenue. When most customers refuse to patronise other marketers, it will force them to reduce price also. And this might continue like that until it became almost impossible to reduce price further without incurring a loss. This is what happened in the telecom industry when Etisalat came onboard. We pray for more reductions like this.
MVLOX:
Sometimes I wonder if some pple tink b4 dey talk.... Maybe u for go tif 6 naira make dem come catch u make u knw wetin dem go do u

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by ZoggingMaster: 8:16pm On Jun 18, 2016
I started buying it for N140 in Lagos last week...
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by Elinob(m): 8:19pm On Jun 18, 2016
If it like make it be 10naira a liter it knw concern me 4 leg or hand ooo .
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by DonCortino: 8:23pm On Jun 18, 2016
Beremx:
It means a lot my brother if not you won't see motorists thronging into the petrol station.

I hope to see such changes in Lagos too.
When gej reduced it by 10 naira before 2015 elections, zombies mocked it that they don't need 10 naira change. Now you guys are praising 6 naira change.
It it because it's buhari?

Hypocrisy of the highest order!

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by DonCortino: 8:25pm On Jun 18, 2016
shaddoww:
Telecommunication industry started like this n we know wat it is today.

Brainless! 3 months ago you were buying it 86.50.

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by sweettweet: 8:27pm On Jun 18, 2016
Two nnpc filling stations along lekki epe expressway sell @135. Some independent marketers along dt axis also sell @135

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by kgr8mike(m): 8:27pm On Jun 18, 2016
BABANGBALI:
sai babaaaaaaaa

Buhari 2019-2023 loading

I think say it don load. Still loading? Sorry!!! angry grin angry
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by shaddoww: 8:33pm On Jun 18, 2016
DonCortino:

Brainless! 3 months ago you were buying it 86.50.
Yes I was with the help of subsidy
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by dynicks(m): 8:36pm On Jun 18, 2016
competition Nd promotion soon to set in.......Eventually the prize of PMS would drop......I see a better Nigeria....

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by neonet(m): 8:37pm On Jun 18, 2016
One day, we will get it right.keep it up PMB!!!
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by anethcharly(m): 8:38pm On Jun 18, 2016
picture or i donbilive it
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by neonet(m): 8:39pm On Jun 18, 2016
sweettweet:
Two nnpc filling stations along lekki epe expressway sell @135. Some independent marketers along dt axis also sell @135
Good to hear this!!!
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by twinskenny(m): 8:42pm On Jun 18, 2016
Beremx:
It means a lot my brother if not you won't see motorists thronging into the petrol station.

I hope to see such changes in Lagos too.
already in Lagos...nnpc along awoyaya selling for 135 and jimken along Lagos ibadan road selling for 140
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by kay29000(m): 8:49pm On Jun 18, 2016
Nice. I love this. I was so happy when I saw it at N140 in Ibadan today. I hope it can come down to N100 before the end of the year.

1 Like

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by elite02(m): 8:49pm On Jun 18, 2016
antispexish:
pump price reduction spreading to calabar
www.punchng.com/motorists-surge-calabar-filling-station-reduction-pms-n139/
dats goodnews shaa,but how are we sure there was no adjustment in their metres,u can trust anyone in naija anymore..
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by captianfreeman(m): 8:53pm On Jun 18, 2016
falconey:
just 6 naira difference? ??

It means alot o. At 145 naira par litre , 1k will give you just 6.9 litres, meanwhile, at 139 naira par litre you get a whopping 7.2 litres. Cumulatively, that is something.


Yes , price war has just started in calabar. I SEE HOPE.

4 Likes

Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by biookuta(m): 8:57pm On Jun 18, 2016
antispexish:
pump price reduction spreading to calabar
www.punchng.com/motorists-surge-calabar-filling-station-reduction-pms-n139/
THANK GOD FOR D REMOVER OF D SUBSIDY COS IT'S NOT MENT 4 D POOR
Re: Fuel Sold N139 At Calabar Filling Station As Motorists Storm Station by salabscholar01(m): 8:59pm On Jun 18, 2016
Beremx:
It means a lot my brother if not you won't see motorists thronging into the petrol station.

I hope to see such changes in Lagos too.
fuel is #135 in sangotedo, Ajah Lagos. Not even any queue at the station there. Ask questions...

1 Like

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