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N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos - Business - Nairaland

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N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by mukina2: 1:47pm On Feb 22, 2012
Marketers in most northern states have capitalised on the scarcity of Premium Motor Spirit (PMS) to defy federal government’s pump price of N97 per litre and adjust theirs to between N110 and N120 per litre.

Some marketers in Minna, Jos and Use, a suburb of the Federal Capital Territory (FCT), were selling PMS above the official pump price and customers still queued to buy the product.

In one of the fuel stations in Minna, Niger State, where one of the distribution vehicles re-fuelled in the early hours of Tuesday, the pump price was N110; while in Jos marketers have been selling at N115 for the past two days.

A thriving black market has been established in some of these towns as people have moved to cash in on the scarcity of the product.

Petroleum Minister Alison-Madueke and had repeatedly pledged that the fuel scarcity will soon be over. However, marketers are yet to see signs that this will happen.

http://dailytimes.com.ng/article/n97-litre-remains-pipe-dream-some-areas#.T0TZ_7Cn4pg.twitter
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by deleadej1(m): 2:10pm On Feb 22, 2012
what do expect? this is 9ja
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by AGBORMAN1(m): 2:30pm On Feb 22, 2012
Supply & Demand
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by samakson(m): 2:39pm On Feb 22, 2012
wink :d ;d
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by Nobody: 2:42pm On Feb 22, 2012
9ja for life!!


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Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by alexblackson: 2:45pm On Feb 22, 2012
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Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by Nobody: 2:56pm On Feb 22, 2012
What were they expecting? There is no more petroleum equalization fund, so transport costs will definitely be factored in. Besides its much more convenient for a marketer to sell in Lagos than ship his oil-laden trucks to Jos or Bauchi or anywhere in the north.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by kutchs: 3:03pm On Feb 22, 2012
If these were cities in the SS or SE, our nl protesters will be out in full force shouting ‘i fit dem well well‘ having taken part in the subsidy protests, fuel shud be selling at #97.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by oiseworld: 3:21pm On Feb 22, 2012
the federal and state govt should stay out of theis, while the marketers and competitors do battle until the price comes down.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by Server247(m): 3:24pm On Feb 22, 2012
That of Abia State is #120 per litre. But still people are buying. The problem is in every state
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by mkmyers45(m): 3:50pm On Feb 22, 2012
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Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by Demdem(m): 4:16pm On Feb 22, 2012
kutchs:

If these were cities in the SS or SE, our nl protesters will be out in full force shouting ‘i fit dem well well‘ having taken part in the subsidy protests, fuel shud be selling at #97.

My friend shut up. Fuel price is between the range of 110 to 130 even here in PH as at today.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by begwong: 5:37pm On Feb 22, 2012
Demdem:

My friend shut up. Fuel price is between the range of 110 to 130 even here in PH as at today.
Hehehehehehehe! Even in the so-called oil producing states? I better then be buying from chad or cameroun.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by SamMilla1(m): 5:39pm On Feb 22, 2012
Not just in Minna and Jos. I paid N120 in Enugu yesterday and the same in Onitsha today. I think its the same all over the easter region
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by JUO(m): 5:47pm On Feb 22, 2012
u thank god say u see buy?
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by degamonn: 7:29pm On Feb 22, 2012
this is what the govt of day wants. It is out to subject the poor masses to agony and u and i is paying through our noses for poor leadership. Die had supporters! Come out and defend ur govt. Govt without agenda!
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by moshoodn(m): 9:29pm On Feb 22, 2012
JUO:

u thank god say u see buy?
crap.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by moshoodn(m): 9:35pm On Feb 22, 2012
Demdem:

My friend shut up. Fuel price is between the range of 110 to 130 even here in PH as at today.
its N97. here in lagos.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by Demdem(m): 7:57am On Feb 23, 2012
moshoodn:

its N97. here in lagos.

am happy for u guys. u all are enjoying the benefits of the protests. Ur sacrifices eventually paved off. The cowards then that refuse to come out are now lamenting. unfortunately am in their midst.
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by bid4rich(m): 8:57am On Feb 23, 2012
its 120 here in Benue state and nothing less. Even the time it was sold for 65, we are buying here 75. No shaking, the money to buy wil always be available by God's grace
Re: N97 Per Litre Pump Price Remains A Pipe Dream In Minna & Jos by davesam4all: 6:59am On Feb 24, 2012
its almost everywhere, fuel is scarce, those who have it are hoarding it, those who sell are upping the price!

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