Cut cost of government.

Local Refineries should be working perfectly well.

But no ,

The north is waiting for Dangote to finish his refinery so that PMS & Diesel will be sold 80% by him.

Esseite:
How in the world do you intend to grow industries and employment with unguarded inflation?.. cost of running business is through the roof.

The only way out is population control..

These independent marketers make a whole lot of money when there is increase by selling old stock.

'A' buys Q for 1 naira at wholesale price from government.
Government increases price to 2 Naira some days later.
Retail price pegged at 2.5Naira due to the increase.


Mind you as retail price increases, wholesale price increases from government too.
where government pegged 33000 liters volume as minimum for marketers to buy.
how will 'A' buy at wholesale price from government by selling old stock at old price?

You are proposing he should sell at old stock.
'A' will sell with 1.4Naira and cant be able to buy at wholesale price anymore for 2Naira.

No profit, No business to continue.

Be open minded when making your conclusions.

Moferere:
Independent Petroleum Marketers are big problems that we need to deal with.
If the price had been increased by N5, they would have complied immediately, even with their old stocks

Branduche:
'A' buys Q for 1 naira at wholesale price from government.
Government increases price to 2 Naira some days later.
Retail price pegged at 2.5Naira due to the increase.


Mind you as retail price increases, wholesale price increases from government too.
where government pegged 33000 liters volume as minimum for marketers to buy.
how will 'A' buy at wholesale price from government by selling old stock at old price?

You are proposing he should sell at old stock.
'A' will sell with 1.4Naira and cant be able to buy at wholesale price anymore for 2Naira.

No profit, No business to continue.

Be open minded when making your conclusions.

Wrong