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Fg Orders Dpr, Nnpc To Crash Price Of Kerosene - Business - Nairaland

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Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by jmaine: 1:04am On May 20, 2011
The Federal Government, Thursday , ordered oil and gas industry regulator, the Department of Petroleum Resources, DPR, and the Nigerian National Petroleum Corporation, NNPC, to crash  the high cost of Household Kerosene, HHK as well as make the commodity available to the masses, who rely on the scarce commodity for their domestic use.

This GEJ na action man oo!, Just as people predicted that kerosene should be his next hit list after the cement prize crashing order cheesy cheesy!


http://www.vanguardngr.com/2011/05/fg-orders-dpr-nnpc-to-crash-price-of-kerosene/
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by otokx(m): 1:56am On May 20, 2011
What of diesel?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Nobody: 3:47am On May 20, 2011
Crash price of kerosine.
Crash price of cement.

What is this? Is Nigeria Govt dictatorial?

The best way to fix this economical problems is to get rid of monopolies in these business. What happened to a capitalist economy?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by jmaine: 4:09am On May 20, 2011
Well you never can tell, atimes the prize increase and scarcity of products are artificial and self serving only to the marketers . . .Diesel  . . .who knows whether that will be the next presidential decree  undecided undecided
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Rhino5dm: 4:25am On May 20, 2011
Sai emperor GEJ!
Wow! Asssuming it was Buhari dishing out these orders like a mad goat the stuupid press and thieving people would have being shouting extremist this or that. Abi?

Only a lunatic will expect anything to come by this rants of mediocrity and brainless fisherman. What happen to solving the root cause?

Next line of action should be giving NEPA 30 days to provide constant electricity or giving boko haram 3 days to stop the senseless killings. Rubbisssssssssh!
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by PeeDaVinci: 5:05am On May 20, 2011
and someone out there is still believing gej is not a dumbass
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by ektbear: 5:12am On May 20, 2011
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by koruji(m): 5:18am On May 20, 2011
I won't call him names yet. Is he talking to his economic advisers or is this the kind of advise he is getting?

Or may be he is trying to be a populist, in which case he can't forget that not all Nigerians are illiterate in these matters.

I am trying to help here. Still can't help but wonder about these pronouncements.

PeeDaVinci:

and someone out there is still believing gej is not a dumbass
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by bkbabe97y(m): 5:20am On May 20, 2011
Wow, this Gej dude is an incompetent mo*ron!
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by OAM4J: 5:41am On May 20, 2011
Interesting. Sai Jonathan!
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Seun(m): 5:47am On May 20, 2011
This is all just PR; he's just being more a competent press-savvy politician.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by OAM4J: 5:58am On May 20, 2011
Seun:

This is all just PR; he's just being more competent press-savvy politician.
We all know presidential orders are not the way to get sustainable change.

What PR? to which people? does this make him look smart or dumb?

He needs to fire some of his advisers asap.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by vinooh: 6:25am On May 20, 2011
infact i love his action this is the type of man nigeria need now
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Nobody: 6:30am On May 20, 2011
If you are a Nigerian living in Nigeria, you would know that the only way to get things done is through the language of force n not constructive dialogue. Goodluck Jonathan is only applying this principle n i support him.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by lexicon(m): 6:44am On May 20, 2011
Where are GEJ's economist for God's sake . . . ! cant someone close to him just tell him this is not a way to crash the price of a comodity. . .A great country is a utopia worthy of the most mediocre logic. . .  angry
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by ULSHERLAN(m): 6:44am On May 20, 2011
Pornodude:

If you are a Nigerian living in Nigeria, you would know that the only way to get things done is through the language of force n not constructive dialogue. Goodluck Jonathan is only applying this principle n i support him.
i second u ,
if u live in nigeria,u shud no dat nigerians undadtand FORCE and not dialogue, and dis dude is applyn it so y dem complaining,
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by OAM4J: 6:54am On May 20, 2011
Pornodude:

If you are a Nigerian living in Nigeria, you would know that the only way to get things done is through the language of force n not constructive dialogue. Goodluck Jonathan is only applying this principle n i support him.

Prices only respond to the principle of 'demand and supply' and not to language of force.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by someboby(m): 7:19am On May 20, 2011
Most nigerian marketers like profiteering, those prices may not be justifyable. Gues he's using the language they'll understand.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Tonim(f): 7:24am On May 20, 2011
Seun:

This is all just PR; he's just being more a competent press-savvy politician. 
We all know presidential orders are not the way to get sustainable change.

Seun,

How is he being competent and press savvy by making statements/orders that will not
end up addressing the root of the problem ? GEJ should have consulted with his economic advisers
first to have a background knowledge of the factors driving the high cost of kerosene.  

A leader makes an order while the problem remains and/or leads to other problems
at the end of the day. How does this translate to being savvy and competent ?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by ufumes(m): 7:37am On May 20, 2011
I love this strategy. Using force to reduce prices of commodity, cement, kerosene, , What else? Gsm tariffs? Whao, its all in the good of Nigerians afterall.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by efisher(m): 7:38am On May 20, 2011
Journalism 101: Don't read just the headlines.

Take time to read the whole artilce before making comments on a subject. GEJ is not ordering that prizes be crashed below economically possible levels. He is only making a move to curb the excesses of irresponsible stakeholders in the value chain (marketers, transporters, NNPC etc) who have been profiteering from the artificial prize increase. He has succeeded in passing the batton to those who are responsible for regulating product prizes. Some have made comments to suggest that he is making a dumb move. Read again and check who is really dumb.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by EzeUche2(m): 7:39am On May 20, 2011
efisher:

Journalism 101: Don't read just the headlines.

Take time to read the whole artilce before making comments on a subject. GEJ is not ordering that prizes be crashed below economically possible levels. He is only making a move to curb the excesses of irresponsible stakeholders in the value chain (marketers, transporters, NNPC etc) who have been profiteering from the artificial prize increase. He has succeeded in passing the batton to those who are responsible for regulating product prizes. Some have made comments to suggets that he is making a dumb move. Read again and check who is really dumb.


Thank you! When will people learn?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Nobody: 7:39am On May 20, 2011
This is where I hate freedom of speech. None of these thieving internet boys would have the right to insult an elderly man like GEJ if he was a Chinese Emperor.  American economy started becoming stagnant the moment the citizens started cursing their presidents in the name of freedom of speech.
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by sayso(m): 7:41am On May 20, 2011
Seun:

This is all just PR; he's just being more a competent press-savvy politician. 
We all know presidential orders are not the way to get sustainable change.

I hope you saw the effect of presidential order from the US about Mission Abbottabad in Pakistan?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by OAM4J: 7:50am On May 20, 2011
efisher:

Journalism 101: Don't read just the headlines.

Take time to read the whole artilce before making comments on a subject. GEJ is not ordering that prizes be crashed below economically possible levels. He is only making a move to curb the excesses of irresponsible stakeholders in the value chain (marketers, transporters, NNPC etc) who have been profiteering from the artificial prize increase. He has succeeded in passing the batton to those who are responsible for regulating product prizes. Some have made comments to suggest that he is making a dumb move. Read again and check who is really dumb.

What is the cause of the price increase?


The minister blamed the scarcity and high cost of the commodity on marketers, who are profiteering from the situation at the expense of the people, but added government will not fold its arms while innocent Nigerians suffered unduly.

“Our investigation shows that kerosene has however become scarce and selling at high price due to distribution problems caused by middlemen who have made it their vocation to profiteer from the product.”

And what is GEJ's government solution?


As a way out, the Minister charged the Managements of the NNPC and the DPR to bring to an end the ugly situation within the next few days.

Yeah, very Smart solution indeed!
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Vigilante: 7:54am On May 20, 2011
I trust GEJ. E no fit fall my hand. With PATIENCE as Chief economic adviser, it cant get any better. grin grin
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by bayol2001: 7:54am On May 20, 2011
hi guys, goodluck probably knws d root cause and am sure that was why he gave d orders, he knws that some people are just taking advantage of the system by creating this scarcity, wake up people, kerosene as always been scarce if u guys av forgotten in d past administrations, i feel we should give me credit, goodluck can only give directives d officers in charge av to carry it out, look @ fuel scarcity, goodluck as made sure there is abundant fuel to go round, i feel we should give the guy support and not abuse him, nigeria runs a capitalist system but remember that d govt is the govt and they can bail out the citizens @ any time, look @ america when the financial institutions went in distress, d govt bailed them out, lets forge ahead and and support baba jona, i knw that d guy knws wat he is doing,
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by 190: 7:55am On May 20, 2011
HE SHOULD ALSO ORDER OKIRIKA CLOTHES TO BE CHEAPER

THOSE BEND DOWN CELOPHENE THONGS AND AIR CONDITION PANTS SHOULD COME HANDY AS WELL
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by efisher(m): 7:55am On May 20, 2011
OAM4J:

What is the cause of the price increase?

And what is GEJ's government solution?

Yeah, very Smart solution indeed!

The president or minister is not responsible for doing the dirty job. It is the responsiblity of NNPC, DPR and the likes to find a solution.

For example, the CEO of a company doesnt go around marketing his products and chasing after customers. He only sets high level targets and provides the resources needed. It is the marketers that develop the marketing strategy and provide detailed plans on how to meet the target.

GEJ and Deziani have done their jobs. Let DPR and NNPC do theirs. Would you prefer the market to remain the same way it is without control?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by mbulela: 7:59am On May 20, 2011
Fresh Air!!!
grin
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by Kx: 8:09am On May 20, 2011
Did GEJ, a graduate of Biology or Zoology, ever take a course in Economics even as GST at all?
Re: Fg Orders Dpr, Nnpc To Crash Price Of Kerosene by hollandis(f): 8:18am On May 20, 2011
Kx:

Did GEJ, a graduate of Biology or Zoology, ever take a course in Economics even as GST at all?
Dumb ass

bk.babe97y:

Wow, this Gej dude is an incompetent mo*ron!
Your papa is incompetent and ur mama is inconsistent ,as for you,yu are incoherent.Your stupid insolenc family

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