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Nairaland Forum / Nairaland / General / Politics / FG Grants Fuel Marketers Special FX To Resume Fuel Importation (14113 Views)
Sylva: Buhari Will End Nigeria’s Fuel Importation / Lockdown: Fuel Marketers Threaten To Shutdown Over Low Sales / No Evidence Yet To Sanction Fuel Marketers For Hoarding - Kachikwu (2) (3) (4)
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by NoBetterNigeria: 11:25am On Jan 04, 2018 |
Issorait 1 Like
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Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 11:26am On Jan 04, 2018 |
omenkaLives: 1.Tax holiday won't work....not when we aren't making enough from oil. We need all the tax revenue we can get,,....that's why Mr Fowler was appointed head of FIRS.... 2.Deregulation is the answer.....yes prices shoot up, but at the end of the day, competition brings it down.And investment is going to flow in too. 2 Likes |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by kross01(m): 11:26am On Jan 04, 2018 |
They finally stopped playing politics and are now interested in solutions |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by ivolt: 11:27am On Jan 04, 2018 |
Fraud 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Bizibi(m): 11:28am On Jan 04, 2018 |
omenkaLives:mtcheeeew!!!! 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by richeeyo(m): 11:29am On Jan 04, 2018 |
Can't we just build a refinery for God sake 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Okewa(m): 11:29am On Jan 04, 2018 |
Bro try and be sensible with ur comment, is buari the oil marketers that has been hoarding fuel or do u need sombody to tell ur maggot rottening brain that fuel scarcity in december had been reoccurring in the days of OBJ? chomchom1: 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Pesuzok(m): 11:32am On Jan 04, 2018 |
fitzmayowa:Is that what you understand from the post? 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Kobicove(m): 11:34am On Jan 04, 2018 |
Another round of forex scam is about to start 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by 735i(m): 11:35am On Jan 04, 2018 |
Lol...Special Forex Rate? ��� Welcome to change people...the subsidy racket has started again. 3 Likes |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by walediary07: 11:37am On Jan 04, 2018 |
Just watching in HD |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by tete7000(m): 11:39am On Jan 04, 2018 |
An avenue for some to get rich. Why import fuel when you can engage in illegal forex deal? Some of them will ask. Good luck to Nigeria. APC is caught in their web of lies, they can't escape. They must always look for ways to sidetrack subsidy they once said doesn't exist. 2 Likes |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by kross01(m): 11:43am On Jan 04, 2018 |
omenkaLives:What happened during the yuletide was bound to happen as long as NNPC was the only entity importing PMS into the country. People travel more these periods and our daily consumption which we are not even so sure if it is 40 million litres will most likely double that period hence demand will most definitely exceed supply and scarcity will set in. This solution has always being proposed but the government said no as they are already granting special rates to marketers at #305/$ despite the marketers telling the govt that at that rate no one can sell at the regulated price of #145. Now lets wait and see the special rate that they will grant to marketers for PMS imports. 3 Likes |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 11:51am On Jan 04, 2018 |
olalekan1:Round tripping you mean to say? Many of these marketers will sell the dollars in open market, make their spread and forget about importing fuel. 3 Likes |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by bigpicture001: 11:58am On Jan 04, 2018 |
omenkaLives:...simply ban unionism..that is costing nigeria alot |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 11:58am On Jan 04, 2018 |
Fuel scarcity would reduce. |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 12:03pm On Jan 04, 2018 |
richeeyo: 1.Dangote's refinery is under construction, and at 50% capacity it should be able to refine 350000 bpd of crude. 2.At least ten modular refineries should be ready in two years time. 3.Whether this means reduced PMS prices is another matter 1 Like 1 Share |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by omenkaLives(m): 12:05pm On Jan 04, 2018 |
jidemoh:You make a very valid point. I hope a system is put in place to ensure for every fx given for this purpose, the exact quantity of product is brought into the Nigerian market. Against the backdrop of this hope lies the gnawing monster called CORRUPTION, which brings us right back to the number one problem of this country! 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by IcePk(m): 12:08pm On Jan 04, 2018 |
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Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by tigerclaws: 12:19pm On Jan 04, 2018 |
[s] omenkaLives:[/s] claptrap 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Kennyceles: 12:22pm On Jan 04, 2018 |
Now that they have cut peoples neck with price of transportation,God will judge you all |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 12:28pm On Jan 04, 2018 |
Will this solve the problem? I fear that the fuel marketers wil just port to forex black marketeering with this concession. 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by EBRAHIMJAY(m): 12:34pm On Jan 04, 2018 |
but government should be on the look out so they won't use it for their other businesses |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by GoodGovernance: 12:47pm On Jan 04, 2018 |
Firefire: Paid PDP social media "influencer",we know them. They are paid to comment negatively always.Nothing comes good from the current FG. For the sane minds,we know that this is the best short term term measure to curb the curse layed on us by the PDP 16yr misrule when Nigeria was "transformed" into petrol importing country. 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Nobody: 12:52pm On Jan 04, 2018 |
Pesuzok:ofcourse this concession given to the marketer is not different frm subsidy given that they are both borne by the govt. 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by PlanBIncome(m): 1:57pm On Jan 04, 2018 |
How long with the "special forex" last? Looking for quick fix doesn't provide lasting solution to petroleum product shortage. Govt should get investors to buy our old refinery or build new ones. Want to live your dream? Check out my signature. 1 Like |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by kingandamy4life(m): 2:04pm On Jan 04, 2018 |
When you have a confused goverment this is the result you get. So reducing forex for them will solve the problem ok.fools go ahead 1 Like 1 Share |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by seguno2: 2:15pm On Jan 04, 2018 |
Buhari has finished our country. Subsidy has returned by the back door in the guise of special forex rate. No wonder we have recession despite the trillions trillions of budget. Too many forex leakage. |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by thesolutions(m): 3:23pm On Jan 04, 2018 |
madridguy: Fuel is scarce because NNPC were the sole importer of the product. They are all frauds. Giving marketers the power to import is good. But it means deregulation. They have to determine the market price. We can only get it cheaper if competition becomes very intense among marketers. But look again, Government were still trying to control price by subsidising dollar to avert paying direct subsidy. Those are errors. Too many flaws in an attempt to romantically lift burden off the shoulders of Government. It can't continue. |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by Themandator: 4:57pm On Jan 04, 2018 |
Freetech: Tax holidays or subsidised dollar is the same thing. This one is even better for them. Remove their beholding to the government so they can easily approach banks and be sure of recouping all their money from sales of the product rather than finish selling and then join the government queue for the balance of your fund called subsidy. |
Re: FG Grants Fuel Marketers Special FX To Resume Fuel Importation by banio: 7:01pm On Jan 04, 2018 |
So the subsidy is finally shifted to dollars. Billions of naira will be lost , that wont be accounted for, in this new fuel / dollar subsidy regime. Criminals |
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