even nort-west filling station is selling for N140/Lt

falconey:
just 6 naira difference? ??

Some peeps make billions with just 50kobo gain in fuel, ask my class mate dayo

989900:
Things are changing.


P.S. Some peeps are missing the point, it is not much about the price, but about the fact that we are no longer subsidizing neighboring countries (to the enrichment of a few), with PMS bought with hard scarce Forex!

GBAM!!!

HOPE DEY GET VALUE FOR WHAT DEY ARE BUYING, BECAUSE I SUSPECT THEY MIGHT HAVE MISSED WATER IN THAT FUEL AND TO SELL IT FAST, THEY HAVE TO REDUCE PRICE. TRUST NAIJA.

falconey:
just 6 naira difference? ??

One of my cars consumes between 700 and 800 litres of fuel monthly, so N6 difference equates to between N4,200 and N4,800 a month, or N50,400 and N57,600 a year of usage. By the time I add the fuel bill for all my cars and my generators at home (1), the factory (2), farm (1) and the office (3 generators), you will see how significant this is. Already, I only buy at NNPC stations that sell for N140 in Abuja. That is how it is.

This was exactly what I was referring to here. Very soon, stations will have to differentiate themselves, not only just on the basis of pricing.

ephi123:
If these people could apply a bit of initiative, they would drop a bit of margin and make up for it in volumes.

I bought fuel 147 today at enugu

Good but the price has been #135 @ all NNPC filling sation in suleja and Gwagwalada Abuja for more than a month

The real reduction can only come when refined fuel is no longer imported, this reduction is not in any way sustainable.

Dottore:
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

chai, kachikwu said between 135 to 145, abi u av forgotten ni? So why celebrate 139? Nigerians with suffering and smiling mentality. Have you forgotten that we are an oil producing country? Oil shouldn't be more than 50 naira at worst. Buhari is a fraud, I expect modular refineries to spring up within his first year in office and after which they should now plan on how to build new big refineries. Kerosene now sells at 180 naira which is not good for the poor masses. People are groaning under the useless administration.

stagger:


One of my cars consumes between 700 and 800 litres of fuel monthly, so N6 difference equates to between N4,200 and N4,800 a month, or N50,400 and N57,600 a year of usage. By the time I add the fuel bill for all my cars and my generators at home (1), the factory (2), farm (1) and the office (3 generators), you will see how significant this is. Already, I only buy at NNPC stations that sell for N140 in Abuja. That is how it is.

sorry sir I didn't know the little could save a lot.

shaddoww:
Telecommunication industry started like this n we know wat it is today.

r u aware of one product called diesel?

its being deregulated since, but instead of going down, its going upper every day.

139naira per 0.7litre.

all na shortCHANGE!

And we dey buy 180 for PH.

D same tin happen IN zuba yes day ,d NNPC station was having queues while while d attendant at conoil wia sleeping.as all of dem wia seated, bow dia head,tired of waiting for customers. Wen I ask d taxi I boreded he said dey sell at 145 while NNPC sell at 135.it s good for business

Sabola in Ago Palace is selling @150 per liter.

falconey:


the change won't be strongly felt in lagos ma'am, we have the highest rate of consumption of the pms. whether the price is low or high the demand will still be high in lagos due to the commercial activities.

A filling station close to Abeson Estate Ipaja, under Alimosho LGA are selling PMS at N142

falconey:
just 6 naira difference? ??

Yeah, not much until you multiply it by 33000 liters.

falconey:


the change won't be strongly felt in lagos ma'am, we have the highest rate of consumption of the pms. whether the price is low or high the demand will still be high in lagos due to the commercial activities.

nnpc at my area(igando) sells for 140, go to fadeyi.. The filling stations around there sells for between 138-140. Lagos will not be an exception to this, it's just a matter of time.

The next thing on mind................................................................................................................. Buy pms here and stand a chance of winning brand new generator

[

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.

NNPC Here in Oja-Oba @Abule Egba same price at Egbeda sell at 135

shaddoww:
Telecommunication industry started like this n we know wat it is today.

But the Ineffectual Buffon privatised power sector and it's not getting better....

Clulessness is another name for GEJ, walahi.

funmilade4real:
Change in progress

Indeed. We still buy rice at N130 per cup. That's change!

PMB The chief Economist!

Nnpc sells at 135 and it's should be applicable to all independent marketers.

And do we even have idea we have different quality of fuel with different octane rating. It is such a pity that in Nigeria we don't know this. Most filling station buy these fuel that burn out fast then sell it cheap, we buy it and we are happy.

Omonigeriarere:


But the Ineffectual Buffon privatised power sector and it's not getting better....

Clulessness is another name for GEJ, walahi.

dats because dey didn't sell it to d right people

falconey:


the change won't be strongly felt in lagos ma'am, we have the highest rate of consumption of the pms. whether the price is low or high the demand will still be high in lagos due to the commercial activities.

are u aware that pms consumption in Lagos drop by 40% when price was increased to N145? Most homes that blare generator all night hardly do again. It also mean we will inhale lesser generator fumes.

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.

The change is in lagos already with few filling station selling far below 145 naira

You have petrocham at lasu igando road selling at 142 naira, Almouruf selling at 142 naira also, nnpc at 140 naira there is this nnpc at alakuko just befor sango toll gate selling at 135 naira. But it seems filling station in Lagos state aint much feeling the challenge and competition to bring down the prices

Jabioro:
Some few filling station in Lagos had started to reduce it gradually..#143,#142,and #140 by October it would be 130 naira per litre

You have 135 naira already at nnpc in alakuko

All, Pls let's don't rush to hail this so called fuel reduction at the petrol stations. Are we also sure of the accuracy of the calibration of their dispensing pumps? I was at a filling station in Asaba yesterday where they wrote N140/per ltr for PMS, however a customer walked in with a 10ltrs jerry can, and behold he spent N2,050 to fill up the jerry can. Can we now say that filing stations is actually selling at N140/per ltr?

princemillla:


The change is in lagos already with few filling station selling far below 145 naira

You have petrocham at lasu igando road selling at 142 naira, Almouruf selling at 142 naira also, nnpc at 140 naira there is this nnpc at alakuko just befor sango toll gate selling at 135 naira. But it seems filling station in Lagos state aint much feeling the challenge and competition to bring down the prices




You have 135 naira already at nnpc in alakuko

I know petrocham and Almoruff stations. thanks for the info

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.

May be you are yet to notice it, the price of pms is already coming down in Lagos too. On Wednesday, I bought it for 138 @ an nnpc station along old Abeokuta/Lagos road. Around Ifo area to be precise.