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Nairaland Forum / Nairaland / General / Politics / Fuel At N145/litre No Longer Sustainable – NNPC (53692 Views)
Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers / We Can No Longer Import, Sell Fuel At N145/litre — Marketers / Petrol: N145 Per Litre Not Sustainable – NNPC (2) (3) (4)
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Re: Fuel At N145/litre No Longer Sustainable – NNPC by oduastates: 4:57pm On Sep 04, 2016 |
All the economic theories sanusi was talking yesterday just went out of the window. Economist can talk cost theories and rub their bellies. Presidents must consider the social cost of such theories. For Nigeria, there are no benefits to devaluation especially as the country exports nothing. Everything moves with dollars in Nigeria. Everything. We may as well change our currency to dollars. In liberation economics, you carry yourself by yourself . 3 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Newmanluckyman(m): 5:00pm On Sep 04, 2016 |
Government of somersault policies. 3 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Grundig: 5:00pm On Sep 04, 2016 |
20k to fill up car tank? BRT will come in handy.... 3 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by mrvitalis(m): 5:07pm On Sep 04, 2016 |
grossintel:What resources?? |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by safetyInspector(m): 5:09pm On Sep 04, 2016 |
See your life, if the last increase did not solve our problem what makes you think that increasing it again will do the magic? You guys should quit believing all these lies from this government and judge them by the current living standard from an average Nigerian. They don't have to die for the economy to live. There are many ways to pull Nigeria out of her current mess, but those in authority seem to be in pursuit of the shadow. Buhari and his economic team need to wake up from this deep slumber. amliftedhigher: 18 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Nobody: 5:10pm On Sep 04, 2016 |
ALMUSTAQIM:Make I clear your eye small, three factors contributed to drop of prices to 140 142. When marketers buy Pms in depots for example they usually sell of to filling station owners making it easier for them to get the product and make profits as well. But today markets in depots aren't interested because loading Pms in depot to sell equals to loss so you the filling station owner will have to load it yourself hence you bear loading expenses and trucking cost. Stiff competition goes in play and the filling station owner has to reduce price further and depend on turn over, you won't believe they are competing for 30k per truck profit. Then importers as well have to find ways to minimise expenses to import Pms at a cheap price so as to sell cheaper. But the problem now is it's not sustainable! Current exchange rate, loading expenses, cost of running a filing station with a 30k profit it's no longer funny. The prices we see at 145 now are as a result of massive products in tanks from previous imports. Now these markets can no longer sustain it so if government doesn't increase prices we will be back to long fuel queues in filling stations in no time. 16 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Balkan(m): 5:13pm On Sep 04, 2016 |
[size=25pt]Welcome to Animal Kindom[/size]. 4 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Abeymills(m): 5:17pm On Sep 04, 2016 |
Where are those zombies ass lickers 15 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by rozayx5(m): 5:23pm On Sep 04, 2016 |
JonSnow: at bolded i almost choked 15 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by onatisi(m): 5:31pm On Sep 04, 2016 |
Leopardd: 29 Likes 2 Shares
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Re: Fuel At N145/litre No Longer Sustainable – NNPC by Pidggin(f): 5:33pm On Sep 04, 2016 |
This is a good development Una neva see anything yet 2 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by rozayx5(m): 5:38pm On Sep 04, 2016 |
onatisi is here the way buhari proves this guy right by the day. he will soon be T b jOSUHA 34 Likes 2 Shares |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by onatisi(m): 5:44pm On Sep 04, 2016 |
rozayx5:the next will be the sacking of ministers and the sacking of fashola from 2 ministries. 27 Likes
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Re: Fuel At N145/litre No Longer Sustainable – NNPC by freshdude99(m): 5:47pm On Sep 04, 2016 |
Keneking:Keneking is that you wailing? Lol welcome onboard to the wailers club Bia barman One Bo of Helo jare 9 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by caprini1: 5:49pm On Sep 04, 2016 |
Can someone explain the exact profits of the numerous travels outside the country at the inception of this regime,by the commander in Chief? 9 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by rozayx5(m): 5:54pm On Sep 04, 2016 |
caprini1: there was no profit it was just sight seeing by a nomad lalasticlala 25 Likes 1 Share |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by onatisi(m): 5:57pm On Sep 04, 2016 |
This is just the tip of the iceberg,sackings is still coming. The monster one is still coming from buhari,if I talk dat one ,ppl go run leave Nigeria. But Nigerians pls enjoy ur change . Let me hear the happy shouts of sai Baba,sai buhari 25 Likes 3 Shares |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Grundig: 5:57pm On Sep 04, 2016 |
grossintel:I don't quite buy this write up. Too many holes to pick. But hey, it is Sunday and I'm in a relaxed mood so I shall let it slide 1 Like |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Beremx(f): 5:59pm On Sep 04, 2016 |
I will not say anything till the price is eventually increased. 2 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by JonSnow(m): 6:15pm On Sep 04, 2016 |
Beremx: Beremx, you follow for people wey put us for this mess o! 26 Likes 1 Share |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Nobody: 6:17pm On Sep 04, 2016 |
Grundig:You don't need to buy it believe it or not I deal on oil products so this is not a copy and paste write up. 2 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by ConqueredWest: 6:20pm On Sep 04, 2016 |
Beremx: What will you say when it is increased.? Hope you wont blame JonathanJonathan 27 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by felixomor: 6:26pm On Sep 04, 2016 |
The continously outrageous salaries, security votes and allowances of our politicians is also unsustainable. 3 Likes 1 Share |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by ivandragon: 6:31pm On Sep 04, 2016 |
grossintel: in addition to what you pointed out is that NNPC is the major importer of fuel & it has access to FX at favourably concessionary rates since it can source from government coffers & use revenue generated from export. however, it is becoming unsustainable especially as it has had to import kerosene too thereby stretching its FX. also, there is still a lot of sleaze going on in the sector... 4 Likes 1 Share |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Vince77(m): 6:37pm On Sep 04, 2016 |
onatisi: pls say it now lets be ready 8 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by ajebuter(f): 6:38pm On Sep 04, 2016 |
onatisi: Bros..someone on this thread just dash you award as TB Joshua of Nairaland.. OK wetin make we dey expect next? Wetin Baba bubu wan dish out next..? Shey bihari go sack himself abi na masses go sack am? 12 Likes |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by ajebuter(f): 6:40pm On Sep 04, 2016 |
Oya make una kukuma kill us finish And import new citizens and zombies from Libya ,Niger and Chad.. 1 Like |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Oblang(m): 6:50pm On Sep 04, 2016 |
Popogri: At least u go let the time first b4 shouting.. |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Bizibi(m): 6:53pm On Sep 04, 2016 |
If one want his day messed up,just come to nl..... 1 Like |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by Oblang(m): 6:55pm On Sep 04, 2016 |
safetyInspector: Oga forget. I can never take u guys serious if u support Jonathan and come here to preach trash. The corruption infested regime of Jonathan brought us where we are today. Maybe I will take u serious if u ain't supporting this govt because u don't trust politicians generally. .. |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by phemmie06(m): 7:11pm On Sep 04, 2016 |
Wetin happen to those station selling below 140. Did these people know that their govt is the worst so far with their unreasonable and unrealistic promised they made and the hardship they introduced.. They still want to increase the petrol pump price. Heartless people. I think it is high time there will be a bill that will place our leader on probation and cast vote of confidence on each one of them which will determine if they will remain in that office or not. If there's such the whole nation or 70% will be glad to vote this government out. 2 Likes 1 Share |
Re: Fuel At N145/litre No Longer Sustainable – NNPC by onatisi(m): 7:30pm On Sep 04, 2016 |
Beremx:There is no need saying anything,it is already settled and what is needed is just for pmb to give the go ahead,most likely it will be done before Oct 1 or the first week of October. So start saving more money for fuel and transportation. 12 Likes |
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