₦airaland Forum

Are you serious?

Colour: White....bad market

Bitchiamjay:
Na lie? How? how? how?




#YOLO

U no get work?

Na lie

Because of indecent dressing like touts. Sars can be easily impersonated.

OrestesDante:
∆ The man will still create Commissioner of Sorrow and Sadness. ∆

Don't mind him

Lauretta Onochie Buhari's minister of the other rooom

Okorocha is busy with erection of Jacob Zuma's statue, creating commissioner for happiness when state government employees and pensioners are dying of sickness and starvation.

Failed state

O'Lord give governor Okorocha the grace of shame. He have lost it. Rochas have no shame.

givbitcoin:
tinubu is getting better by his new political understanding. I think foyose is also a better politician now except for his anti grazing ugly precedence. tinubu must caution the likes ffk if he must be fully accepted as a patriotic fellow. 2019 must be interesting. If you are not with us, you are against us.

Highlight us on Tinubu latest political views.

Abolition is the best. SARS are not friendly. Very unnecessarily strict. Temperate and impatient . Shabbily dressed and dirty. I nearly fainted the first time I met SARS thinking they are armed robbers. To hell with them.

COMPAQ:
Haven't we had fuel crisis at other times besides Christmas before!? The guy you quoted is saying the truth. I suspect that due to higher crude prices, the N145 does not pay most marketers again and they have stopped importing. It could be that for some reason they tend to slow down during year end to pay dividends. That's just a speculation though.

But we saw diesel come down to N150 when crude was around $40 and it recently went as high as N220 before settling again at N200. Why has diesel never been scarce in years? When you agree to pay the prevailing price for petrol, it will never be scarce. Same applies for electricity by the way.

As investigation shows ex-depot price of N133.38 per litre

By Adewale Sanyaolu

The Lagos State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), led by its Chairman, Alhaji Alanamu Balogun, last week, threatened to withdraw its services across Lagos State and parts of Ogun State, effective December 11, due to irregular fuel supply at NNPC’s Ejigbo satellite depot.

It said over 900 filling stations will be shut down, which might lead to fuel crisis during the Christmas and New Year festivities.

IPMAN said it took the decision because its members had been running their fuel stations at a loss over the past eight months due to NNPC’s default in the bulk purchase agreement it signed with IPMAN to sell fuel to its members at N133.28k per litre.

According to IPMAN, a litre of fuel (PMS) is being sold to its members by DAPMAN at N141, apart from running costs, bank charges and other expenses which made it impossible for operators to sell a litre of fuel at controlled price of N145, rather they sell N146 per litre.

The association alleged that while the NNPC had refused to sell fuel to its members regularly, it is diverting the supplies to DAPMAN at a price of N117 per litre and DAPMAN in turn, is selling to IPMAN members at N141 per litre.

“We believe that NNPC is doing this to deliberately cause fuel crisis because it could not control DAPMAN not to inflate prices beyond government’s fixed prices,” it said.

Meanwhile, Nigerian National Petroleum Corporation (NNPC)’s claim that ex-depot price of petrol remains at N133.38 per litre, may have been faulted by Daily Sun findings across some depots in Apapa, Lagos.

The NNPC, in a statement released yesterday, maintained that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre have not changed as the corporation has enough stock of fuel to ensure seamless supply and distribution of products across the country during the Yultide.

‘‘The NNPC has once again emphasised that there are no plans to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming Yuletide,” the statement said.

But a document exclusively obtained by Daily Sun on the market survey position for petroleum products yesterday across some depots in Apapa, showed that eight dealers sold petrol above the ex-depot price of N133.38 approved by NNPC.

A breakdown of the ex-depot price of petrol showed that Fatgbems, Obat, Sahara, Techno and Wosab sold at N143 per litre yesterday, while NIPCO and Stallonire sold for N140 per litre and the D Jones N142 per litre.

IPMAN implored President Muhammadu Buhari, the National Assembly, the DPR, the Minister of Petroleum, Lagos State Governor, Mr. Ambode Akinwunmi, the Inspector General of Police and other security agencies to call the NNPC and DAPMAN to order, or the IPMAN will withdraw services and shut down all stations in Lagos State.

NNPC enjoined motorists and other users of petroleum products to disregard trending rumours of an impending fuel price hike, saying it has the full commitment of all downstream stakeholders, including petroleum marketers and industry unions, to cooperate in achieving zero fuel scarcity this season and beyond.

The corporation advised motorists not to engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home.

NNPC assured that its downstream subsidiary companies, namely, the Petroleum Products Marketing Company (PPMC) and NNPC Retail Limited are fully geared up to ensure that motorists enjoy uninterrupted access to petrol throughout the Christmas and new year celebrations

COMPAQ:
Haven't we had fuel crisis at other times besides Christmas before!? The guy you quoted is saying the truth. I suspect that due to higher crude prices, the N145 does not pay most marketers again and they have stopped importing. It could be that for some reason they tend to slow down during year end to pay dividends. That's just a speculation though.

But we saw diesel come down to N150 when crude was around $40 and it recently went as high as N220 before settling again at N200. Why has diesel never been scarce in years? When you agree to pay the prevailing price for petrol, it will never be scarce. Same applies for electricity by the way.

I personally can afford petrol at #300 per litre. My question remain....why on Christmas?

COMPAQ:
Haven't we had fuel crisis at other times besides Christmas before!? The guy you quoted is saying the truth. I suspect that due to higher crude prices, the N145 does not pay most marketers again and they have stopped importing. It could be that for some reason they tend to slow down during year end to pay dividends. That's just a speculation though.

But we saw diesel come down to N150 when crude was around $40 and it recently went as high as N220 before settling again at N200. Why has diesel never been scarce in years? When you agree to pay the prevailing price for petrol, it will never be scarce. Same applies for electricity by the way.

I personally can afford petrol at #300 per litre. My question remain....why Christmas?

Is the word tithe or tithing your village language?

dadebayo1:
I just came across the screenshot below. I dont understand why a state University should charge over 100k.. What for? Majority of the so called leaders benefitted from free education and the best they can give back is neck breaking tuition fees which parents that have not received salary cannot afford.. Too bad..

Cc Lalastica

Ok

bugidon:
Nigeria, always setting bad records

Forget all this political statistics to undermine the emerge of Africa. Is no longer south Africa, Botswana or Uganda but Nigeria. Tomorrow it will shift to Egypt. Avoid unprotected and indiscriminate sex and other other avenues to contact the virus like sharing of needle and contact with blood. Pre-martial sex is sin.

9jakohai:
Well, the cold reality is

1.Even at full capacity, our refineries are not producing enough fuel for daily use.

2.Fuel subsidy is not allowing marketers earn enough cash to import fuel and make a profit, and crucially pay staff, many of whom are ordinary nigerians.

3.We are earning $60-80 less per barrel than we were in 2013. We don't have the cash to pay for any more subsidies.

4.Govt does not have the cash to build new refineries.(And yes, they waste money on top of the matter)

5.Dangote refinery will only provide some small relief.

In 2012...when we could have removed subsidy ....and allowed deregulation to take place...yeah, prices would have shot up,but then would have come down via competition. We deregulated GSM....and we went from N7500 SIM to N500 sim.

If we keep subsidy, we would just be wasting cash, marketers would be sacking staff to keep costs low, subsidy scams would be at an all time high, and many marketers would sell at sky high prices anyway. And fuel would be scarce...and Nigerians would keep on suffering.

My two cents.

Why all these changes only during Christmas? While not after Christmas? . How does the removal of subsidies really affected the common people in Nigeria? The suffering and insufficiency is still the same. The problem of Nigeria with dilapidated refineries didn't start in 2012. Corruption in the presidency and NNPC is the problem in Nigeria including citizens who base their political analysis on religious and tribal sentiments. Not the policies of 2012.

Atiku may lose the presidential ticket under PDP He abandoned the party which helped hurricane severely wounded the umbrella. His departure was a great los, His campaign against the party he moulded that returned so much to him is a heartless sabotage. I strongly doubt his success unless the wonders money can do. I wish him well.

Started well conclusion incomplete. Your readers are yawning.

"Commissioner for Happiness and Couples’" meaning what? O Lord give Gov. Rochas Anayo Okocha the grace of shame. He have lost the grace completely.

"One of the commissioners sworn in by the governor is his biological sister, Mrs. Ogechi Ololo (nee Okorocha). She is now the state’s Commissioner for Happiness and Couples’ Fulfillment".....where are Okorocha's supports from <WASTE > you believe Rochas criticism is because of party affiliations. Imo people are not interested in party rather development. They voted Ikedi Ohakim a PDP governor out of office.

For the cabals to re-loot the loots

Iwalewa27:
If a friend Is organizing a conference for me in Canada does the conference needs to be related to my present work or my field of study?

It is better and more convincing

Come and stop him. APC and Buhari have given him platform to win

Nigerians will some day beg God to return the corrupt PDP against judicious APC, clueless Jonathan against wise Buhari

When did it become a crime to own a laptop. Uncivilized bunch of mere gunmen. SARS!!. RRS!! HWP!! Big big useless names

ManirBK:
pls why positive stuff irritates you?

Heey. What is positive about devaluation of naira are fuel scarcity during Christmas?

Seriously I don't understand Nigerian officials especially the monetary system that reduces the value of Naira during Christmas and increase the prices of petroleum products.