For the avoidance of doubt, it is important to put it on record, that my oil company, the Global Fleet Oil and Gas, which has been operating in the past nine years, with more than 210 petrol stations across the country, has never collected any money called subsidy from the Federal Government or it's agents. in addition, I have never collected any allocation from the Nigerian National Petroleum Company or imported such. We only buy and sell. I challenge anyone who has contrary information to publish it or remain silent in shame.

sheyguy:

^^ its all about contentment, the man is making a decent profit and he is satisfied with it, unlike some who always want more money.

For the avoidance of doubt, it is important to put it on record, that my oil company, the Global Fleet Oil and Gas, which has been operating in the past nine years, with more than 210 petrol stations across the country, has never collected any money called subsidy from the Federal Government or it's agents. in addition, I have never collected any allocation from the Nigerian National Petroleum Company or imported such. We only buy and sell. I challenge anyone who has contrary information to publish it or remain silent in shame.

This statement is to correct the deliberate falsehood by some misguided people. We have never applied to any government agency for petroleum subsidy. Our companies and their operations in Nigeria do not fall in the category of companies that require government subsidy to operate, since we do not enjoy a similar thing from the government of [b]Ghana, Sao Tome, United Arab Emirate, United kingdom and the United States of America [/b]where we carry out similar operations.

The One:

You guys shouldn't be so dumb! What the guy is saying is that he does not import petrol. His company buys from people that import and as such subsidy does not apply to him.

So many retardeens on here!!

That should make it more expensive than the stipulated N65 . . this na simple logic abeg . . .did they sell it to him at a less than N65 . . . . . cos am sure the marketers are into making maximum profits

jmaine:

That should make it more expensive than the stipulated N65 . . this na simple logic abeg  . . .did they sell it to him at a less than N65  . . . . . cos am sure the marketers are into making maximum profits

Thus is he telling us that Global Fleet Oil & Gas buys its oil for less than 65 Naira ?

Hmmmm all of una go expose urself 1 by 1

The One:

You guys shouldn't be so dumb! What the guy is saying is that he does not import petrol. His company buys from people that import and as such subsidy does not apply to him.

So many retardeens on here!!

supoade:

Must Jimoh Ibrahim Talk ?

He that calls His father an Ugly Man has indirectly says His mother is So Foolish!

For jimoh Ibrahim to have said he s not part of CABAL, he must be buying at less than N65.

3.  things i can think of  here

1. NNPC selling locally refined PMS to Global Fleets ( that makes him CABAL)
2. Global Fleet must be involved in Full Scale Oil Bunkering going on ( that makes him CABAL)
3. The Landing Cost of PMS or locally refined PMS is below what NNPC, PPPRA say it is

Our companies and their operations in Nigeria do not fall in the category of companies that require government subsidy to operate, since we do not enjoy a similar thing from the government of Ghana, Sao Tome, United Arab Emirate, United kingdom and the United States of America where we carry out similar operations.

Eko Ile:


What difference does it make? Even if he spends N80, and sell for N100, he's still making profit. The market decides what he makes or lose.

The man has laid down his marker, do you have any credible evidence to challenge his claim?

He said>>>I challenge anyone who has contrary information to publish it or remain silent in shame.

Are you currently menstruating    . . .gees, get the fvck outta my face . . . All you do is quote people without answering simple questions asked . . . .but rather looking for an in existent e-fight . .  Is Jimoh Ibrahim your latest fantasy to engage in futile e-fights . . that makes you appear more stvpid  

Our companies and their operations in Nigeria do not fall in the category of companies that require government subsidy to operate, since we do not enjoy a similar thing from the government of Ghana, Sao Tome, United Arab Emirate, United kingdom and the United States of America where we carry out similar operations.

jmaine:

Are you currently menstruating    . . .gees, get the fvck outta my face . . . All you do is quote people without answering simple questions asked . . . .but rather looking for an in existent e-fight . .  Is Jimoh Ibrahim your latest fantasy to engage in futile e-fights . . that makes you appear more stvpid  

Eko Ile:



I'm not interested in your dumb and ignorant nonsense, the man said he is not collecting any subsidies and he not only explained the reason why, he said to clowns like you >>>>>>> I challenge anyone who has contrary information to publish it or remain silent in shame


Of what silly use is your re-trded question? Do what he asked you to do or remain in silent shame like he said you ignorant id.iot.

So shut your dumb and can't read and comprehend mouth.  What a dunce.

Our companies and their operations in Nigeria do not fall in the category of companies that require government subsidy to operate, since we do not enjoy a similar thing from the government of Ghana, Sao Tome, United Arab Emirate, United kingdom and the United States of America where we carry out similar operations.

How does the quote above explain the pertinent questions being asked, which is, How was Jimoh able to breaks even, in a highly subsidized market with huge number of competitors ? . . .The prize difference with other fuel importing countries clearly shows that, without government subsidy, marketers can never sell at N65 naira due to operational costs and the market value of the imported refined products . .

How did he cope among his competitors who were obviously even over subsidized . . .Jimoh should come clear on this and not that rubbish you foolishly placed as the appropriate response .  . .

we are talking of Nigeria and not Sao tome, Ghana and whatever  Cow . .

A cancer ridden brained fool like you is even accusing others of not being able to comprehend . . .Now that is very funny . .

Uyi Iredia:

A very suspicious statement from Mr Jimoh. Three questions that address my doubt on his sincerity:

[list]
[li]Where does he buy his fuel from ?[/li]
[li]What price is he currently selling petrol ?[/li]
[li]What price the he previously sell petrol ?[/li]
[/list]

Unless his company buys fuel from other major importers (like Oando) he would surely have required the subsidy or risk running a loss.

Our companies and their operations in Nigeria do not fall in the category of companies that require government subsidy to operate, since we do not enjoy a similar thing from the government of Ghana, Sao Tome, United Arab Emirate, United kingdom and the United States of America where we carry out similar operations.

Global Fleet petrol stations (ENERGY) do not sell petrol. They do something that I cannot quite explain. Look closely, some of them even have grasses growing out of their storage tanks.

Are they part of the cabal that sends products across the borders?