₦airaland Forum

Please, my fellow nairalanders, i want to find out from you guys whether other states are having this acute shortage of fuel as we are witnessing right now at uyo.
As i am typing this message, a liter of fuel in Uyo is 400 per liter. The worst is that no reason for the mysterious scarcity and nobody is addressing the issue.
Is it what every other states are experiencing? your contributions is required

Good development, if every Nigerians should request for pre-meter, all these exploitation will be things of the past

Omonigeriarere:
Here is the reason...

Unlike before whereby a bank marketer will meet his/her target through the lodgment unscrupulously stolen from public treasury, the chip is down: no more collaboration to loot the public money in collaboration with yeye politicians PDP again.

Now, marketers would sooner or later be forced to go out and look for private investors/organizations who will borrow money from them so that they can meet their target. Inability to meet this target will lead to summary dismissal.

The ineffectual buffon and his entourage of looters really milk this country dry: don't worry, bank marketers will soon reach your doorstep begging you to take a loan from them just to meet their target.

I don't know why some people reason, how does this your ranting improve the welfare of Nigerians, instead it is suffering. Isn't it better your so call "ineffectual buffon" method that put food on the table of bread winners is far better than what we are experiencing now (mass sacking of Nigerians). Do u like suffering so much to support bad policies

GenOrumov:
That some people don't see some truth in what he said is baffling. Let me educate you....

Haven't you noticed that Lagos and Abuja are probably the only states you can get fuel at the approved pump price of 86.50? It is well known that fuel in other states apart from these two is sold for 200 and above. Why this is so is because majority of the filling stations in these states are owned by small marketers who go by the names of "Tolad oil and gas, Damask Petroleum, Ifeanyi Oil, Tunde Petroleum, Mallo Oil etc. while you find more of the presence of the big boys in the names of "MRS, Forte Oil, Mobil, Total, Conoil etc." in Lagos and Abuja. These big boys get their own supply from NNPC while these small marketers get it from these big boys more than 76.50 approved by DPR. Since they buy it at above 76.50 (say 90 naira) how do you expect them to now sell at 86.50. Also factor in transportation cost from Lagos, bribing of police, paying of entitlement fee to omo onile, garage fees, and other cost incurred while transporting the fuel to the hinterlands. Obviously they won't sell at govt. approved price of 86.50 but higher.

Therefore fuel meant for filling stations in Lagos are diverted to other states where they can sell well above the approved pump price (130 and above) because they know the DPR is short of men to conduct checks and balances and may therefore find it hard to visit filling stations in remote areas. Even when DPR officials manage to come, they are bribed to turn a blind eye to their atrocities.

The solution to this sharp practice and price disparity is for government to totally hands off setting of pump prices(total deregulation). You cannot expect fuel to be he same price in Lagos where the ships with the fuel birthed and Borno that it takes almost more than 24 hours to get to from Lagos because of the transportation and associated costs mentioned above. Also, all our refineries must be working at 100 percent capacity so that instead of transporting fuel from Lagos to other States, Kaduna refinery will serve the whole North, Port Harcourt refinery will serve SS and SE while Warri can serve SW AND parts of SS and SE.

NOTE: If any NNPC petrol station doesn't sell fuel in 48 hours in Lagos and 72 hours in other states after they must have sold off the last drop of the last allocation they got, know that the fuel has been diverted.

We all know this, but why in this regime we are having these excuses, during the 16yrs of PDP, fuel was available in every filling station for you to just drive in and buy.
But our Petroleum Minister and his Assistant under APC is giving us nothing but excuses. The masses don't care how you do your job, what we are expecting is good result.

Manonamission:
http://www.easykobo.com/HisPcp.aspx?s=FBNH

Sorry, I didn't get your question. You referring to least price traded in the last 2 years
Anyway, the least traded price in the last 2 years is N3.00 on 30th March, 2016 (use link pasted above to check for any other stock and over any other period)

Thank you

Manonamission:
Finally, I summoned the courage to take final position in FBNH Something must happen between today and next week Friday. Same applies to Skye and Diamond.
Na monkey hunting remain now o. You don see person wey dey talk bad about him own pikin?

I believe the tier 1 banks will fare better in Q1 as seen in the not-too-bad results from GT,Zenith and UBA. By the time the market marries FY + Q1, FBNH fit grow my portfolio.
Audited Q3 results already gave a PAT of N50b, EPS of N1.40. Q4 impairment no fit wipe am out, abeg.

i am new on this stock market. pls what is d least first bank from 2yrs till today?

Seenyo:
Everyday, i regret voting this aimless nomad!

But why now, you should have known that nothing good will come out from an Hausa/fulani man. My greatest surprise is even for some educated S/Westerners (though not all) to campaign and vote for Buhari

Those that are seeing fuel to buy at the rate of 150/ltr should thank their stars. Here at Uyo, fuel is still selling between 180-200 per liter. with no hope of getting it lesser.
Those DPR should be active at Uyo to stop these madness, but nope. that is not their concern.

RareDiamond:
What any sensible person should be thinking of should be how to tame the fulani herdsman we have as president whose ineptitude, bigotry, tyranny and cluelessness is destroying the economy instead of talking 2019 now. Buhari's confusion and destruction of the economy must stop.

Your head they there. This is the best comment so far

eshietIntrepid:
The fact that oliseh analysed and criticised every step of keshi doesn't mean he can do the job.

Apc saw nothing good in pdp especially gej lead govt. Doesn't mean they (apc) can govern.

My mind is at rest I didn't vote for apc as a matter of fact I knew this could happen.

Believe me, if APC was in power for the last 16yrs, we wouldn't have been enjoying this GSM and internet penetration everybody is enjoying now

gud4dbest:
Woman,when will u settle down...and get yourself some dignity!...still gallivanting displaying butt as if hmmm...?

The lady is beautiful, intelligent and rich

chukwudi44:
I will personally summon my Senator Andy Uba and call him to ensure he passes a vote of confidence on the indefatigable senate president Bukola Saraki for his dedication to duty

This famous Chukwudi44, so you are from Anambra South constituency. Why are you so passionate defending this Saraki? Any person found corrupted should be jailed. Na dem dem, this politicians don't care for the masses, pls as a brother, i advise you, don't kill yourself for these selfish politicians

This is the way Nigeria Police should behave, before taking any action, you must investigate the matter. maybe what saved those six family was because of the women and children among them. Has it been the car was occupied by only men, we may be hearing different story.

VocalWalls:


Many of you are just saying nonsense. Is it America that hiked the price of the dollar?

The problem is with the system, how are we sure the yuan won't go as high as 80 in the parallel market?

So when it gets to that, we then jump to cefa instead of fixing the system. Are we this dull?

Try to understand the implication, what we are saying is that with conversion to Yuan directly for importers, the pressure on dollar demand will reduce. The only thing i see here is that Government is trying to reduce the demand for dollar, that will not reduce the exchange rate of dollar to Naira

davisjoe1:
I linked my paypal to GTB naira Mastercard, I had gotten a refund from a merchant I paid via Nigeria paypal and the fund went straight to my bank account after 2days of completing the refund, does this mean that I can receive payment with my Nigerian paypal?

I dont think, it is because that was refund

donlarbito:
What do you expect of Andy Uba
He knows nothing of what is happening there
He only know of his pay

See as his brother Ifeanyi is making not just Anambra but Nigeria proud


Keep on working willie
We're behind you
Come 2019 if you choose to go for presidency

Ifeanyi Uba is from Nnewi, while Andy is from Uga. The blood brother of Andy is Chris Uba

trillville:
More Universities when graduates do not have jobs? Pls what railway are you talking about? I hope it is not the 1920's locomotives he purchased you are referring too.

Common fuel and light that was improved during GED time, your Buhari is finding it as a rocket science to solve now. Pls be truthful with yourself. Things are really getting worse

If the story is true, that is double wahala for the dead body. To run away from boko haram, the army will not waste time to gun you down before you can finish explaining carrying a bomb with you.
It is a very bad and pathetic situation.

And this man may have voted Buhari in the last election

fulanimafia:
Any person with a fair reasoning ability would understand that the current challenges were unavoidable considering the way the country was misgoverned for several years (e.g. failure to diversify), and the unique unfortunate circumstances we found ourselves in with the oil price crash.

The future is bright, and I'm happy this happened early in the administration, as things would definitely get better especially with the passage of the budget and recovery of the oil prices/focus on agriculture and exports.

The same short memory that made Nigerians forget the long queues under Jonathan is the same one that will make Nigerians forget this current challenge once things are stabilized, and the change train will be back on full speed.

I bet you, the way APC handles issues, if they are in power for that those several years you mentioned, you won't even see any phone (GSM) to chat on Nairaland forum. Quote me anywhere.

olatade:
Any slowpoke who shouts PDP !!! POWER in 2019 thunder fire am. It took PDP 16 solid years to mess up the country. In 10months they now want magic in solving the problems they left behind. Amadioha fire all you.

I bet you and the way APC handles issues, if they are in power for that 16years, you won't see any phone to chat on Nairaland forum. Quote me anywhere.

omogin:
The Nigerian system that throws up the worst as their President needs serious rework. First we had a President with sense but no spine. Now we have one with spine but no sense

You are very intelligent, infact you have said it all. that is the funny system we found ourselves in

christinie:
Why can't the youths occupy the streets until the National Assembly impeached Buhari?

the question is who will bell the cat

MrLouisVanGaal:
lol...Nigerian Mum's got not chill

with this change she get mind play this kind prank to her mum

onatisi:
Fuel queues will disappear by the 6th of April only to reappear by the 13th of April.
Smh for Nigerians ,Nigerians still have 3 more years of these torture to endure

Meanwhile the same fuel that is given them headache is what GEJ and Dezieni managed well for good 5years. Do u people notice that this fuel crisis has stopped all the propaganda of corruption cases against former Petroleum Minister.

losprince:
Like when was the last time a sale was reported on this thread? guys whats happening?

Are u new in Nigeria? that is change

tuale4u:
Buhari Deserve Some Credit Despite Inconclusive Election.

Any objective and sincere mind will commend Buhari govt for inconclusive elections recorded so far as a major positive change in Nigeria recent electoral history. Anybody who believe in law and order, anybody who hate impunity will agree with me. It is a step in d right direction from extreme impunity to law,rule and order.

We should understand dat d major reason why inconclusive election is common today is because Buhari does not want to associate himself with massive rigging done with extreme impunity. And I know for sure, many APC members especially those who cross carpet from PDP are unhappy with Buhari for this. They see him as being Naive or unwise for not using his power to spread the political office held by APC. There are many like Sylva in Bayelsa, who believe Buhari may live to regret it. Many APC members in Bayelsa and Rivers are unhappy with Buhari 4 being too nice to d opposition. Because in those region all they know b4 now is dat power win election not d people.

INEC can chose to declare every election conclusive by just writing results and announcing it. That will be the end. The aggrieved can only go to court. This was d case in some of d concluded elections under previous govt. Under previous govt, Even when people protest that election was not done in their ward or LGA, result will be announced and d election will be concluded.

Case study: Bayelsa Gov Election vs Abia Gov Election.

Bayelsa election was declared inconclusive because Sylva rigged election in Bayelsa south. There was result for the election. The returning officer of Bayelsa south actually submitted result to the REC in which sylva of APC had enough lead to win d election. But INEC knew d result was rigged. After much consultation with Abuja, the REC councelled the Bayelsa South election even though he had no power to do so. if all that was important to be commended was conclusive election, Sylva would have been governor of Bayelsa today. Sylva is still dissapointed in Buhari till today for not aiding him to rig massively.

In Abia State in Aprill 11 election, the returning officers submitted result highly inflated in 3 LGA in order to cancel all d lead of APGA candidates in more than 7 LGA. The REC announce on live TV that result was cancelled. The governor of Abia State, Olisa Metuh and other PDP big win storm d collation centre with support from Abuja, the REC revised himself and declared d result he already cancelled on live TV.

Leave politics aside, we are only seeing inconclusive election because Buhari has some more degree of integrity compared to previous Nigeris govt. Buhari is not 100% perfect. I strongly believe Buhari can tolerate subtle rigging which can be at d level of some irregularities. But when it is massive and glaring like in d case of PDP in Abia state and APC in Bayelsa state, he wont tolerate it.

Case study 2: Kogi Election
In d case of kogi, d election was already clearly decided. It was declared inconclusive to fulfill all righteousness by following the rule to d letter. It could have been declared conclusive by d REC if he wanted to just d way d final result of Bayelsa was declared despite dat d margin of victory recorded by Dickson (PDP) is less than d total cancelled votes.


We should understand that reforms bring changes slowly. We should sometimes see beyond party politics and commend good tins when we see one. People who condemning PMB for inconclusive elections, may end doing themselves dis service because we all know all it takes for election to be conclusive is for the returning officer to announce result whether people voted or not. The practice announcing fake result is what made most elections in d past conclusive.

in as much we all would be happier with a perfect concluded election which is free and fair, we also should also agree that inconclusive election which lead to d will of d people is better than concluded election where d will of d people is stolen from them with total impunity.

Any non partisan Nigeria who love truth, will see truth in my article.

Is time we recognise reduction of Evil is good and positive. Because positive dont come only by increasing what is good it also come by reducing what is bad.

With impunity, to conclude election is d easiest thing. We must not forget where we are coming from when assessing where we are today and while assessing where we are going to.

Note: I am not a member of any political party. Aisha, APC or Buhari dont even know I exist. But i know positive good changes when i see one.

I do not agree with you with these your instances of Bayelsa APC and Abia PDP. The truth of the matter is that everybody knows that SE/SS is mainly PDP and North is mainly APC controlled.
So, normally, the expectation is PDP to win these states, APC are just trying to use federal might to clinch these states, which may be difficult for them

shame

Guys, u see how other nationals view Nigeria. This is too bad. That is the reason will should be honest in this business to prove them wrong.
https://www.namepros.com/threads/i-bought-little-com-and-stolen.930159/