JAMO84:
And so what? Niger is poorer than us, but they buy petrol 360 per liter

baralatie:

ompetition works well if you are producing.That is many players are producing the same products to get market share of a target buying population.This is not the case with the nnpc and downstream.

The allerged players are pre-qualified,selected and they source the product from a producer in competition with other foreign marketers trying to get the same product to their own countries.
the outsourced product is now held by marketers to supply the market for a fee.
if the source goes up the selling price will go up.it does not follow the law of demand and supply at the other end

infohenry:
Then scrap useless agency.

They are now useless

JonCleary:


Look, the difference between Nigeria and all those places is that they enjoy economies of scale where transportation, electricity and haulage is concerned.i.e. they have functional mass transit, power grid & rail. Those three services are the mainstay of any modern economic system.

Nigerian entrepreneurs depend too much on petrol for those three things, if the price fluctuates inflation will go through the roof, because once the price of a consumer good goes up it never comes down.

This latest policy has the potential to kill the Naira completely.

omenka:
Get the fvck out of my sights. Go lean on another shoulder to cry over your loss of yesteryear.

I get irritated seeing all you emotional kids rant and rave over the past, same thing you tend to forbid others from doing.

Nigerians didn't allow Jonathan do it not because of hatred but because the timing was wrong and his government had chronic trust deficit. Deal with that and stop whining like a little girl denied her toys.

rejoice4eva:
Painfully the government has failed to put any reasonable palliative measure in place to safeguard the interest of the already impoverished populace. Almost the price of everything , especially staple foods has skyrocketed.
Only God can save us .

baralatie:

Competition works well if you are producing.That is many players are producing the same products to get market share of a target buying population.This is not the case with the nnpc and downstream.

The allerged players are pre-qualified,selected and they source the product from a producer in competition with other foreign marketers trying to get the same product to their own countries.
the outsourced product is now held by marketers to supply the market for a fee.
if the source goes up the selling price will go up.it does not follow the law of demand and supply at the other end

amc:


Ok o. Una never see anything.

All those shouting deregulate, deregulate don't understand what they are saying. Welcome to reality.

infohenry:
Then scrap useless agency.

baralatie:

you are still going to answer this question with the above examples if you remove the officers.the problems will be reborn

omenka:
Get the fvck out of my sights. Go lean on another shoulder to cry over your loss of yesteryear.

I get irritated seeing all you emotional kids rant and rave over the past, same thing you tend to forbid others from doing.

Nigerians didn't allow Jonathan do it not because of hatred but because the timing was wrong and his government had [b]chronic trust deficit. [/b]Deal with that and stop whining like a little girl denied her toys.

omenka:
Get the fvck out of my sights. Go lean on another shoulder to cry over your loss of yesteryear.

I get irritated seeing all you emotional kids rant and rave over the past, same thing you tend to forbid others from doing.

Nigerians didn't allow Jonathan do it not because of hatred but because the timing was wrong and his government had chronic trust deficit. Deal with that and stop whining like a little girl denied her toys.

rowosky:
The Price is about to go up.
Nigerians should brace for impact.

omenka:
Get the fvck out of my sights. Go lean on another shoulder to cry over your loss of yesteryear.

I get irritated seeing all you emotional kids rant and rave over the past, same thing you tend to forbid others from doing.

Nigerians didn't allow Jonathan do it not because of hatred but because the timing was wrong and his government had chronic trust deficit. Deal with that and stop whining like a little girl denied her toys.

omenka:
If this would ensure the subsidy regime never comes back, so be it. I'm sick and tired of that fraud.

If we must suffer, let it be once and for all. This unending rollercoaster of pains and succour does no one no good.

rejoice4eva:
Painfully the government has failed to put any reasonable palliative measure in place to safeguard the interest of the already impoverished populace. Almost the price of everything , especially staple foods has skyrocketed.
Only God can save us .

GamalNasser:
As I predicted again earlier on another thread the Naira has fallen today again and the price of fuel will have to go up or Buhari will need to start paying subsidy again by Monday ..this announcement is a face saving measure from the embarassment of another fuel increase just one week after the last was done .. well Nigerians should be ready to buy fuel at about 220 before December

JonCleary:


This can't work in Nigeria because marketers will simply form a cartel meeting informally to fix a base price that guarantees 100% markup and then what will PPPRA do about it?

GamalNasser:
As I predicted again earlier on another thread the Naira has fallen today again and the price of fuel will have to go up or Buhari will need to start paying subsidy again by Monday ..this announcement is a face saving measure from the embarassment of another fuel increase just one week after the last was done .. well Nigerians should be ready to buy fuel at about 220 before December