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Nairaland Forum / Nairaland / General / Politics / Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu (27438 Views)
Joe Igbokwe Begs Tinubu To Release Nnamdi Kanu / No Plans To Increase Fuel Pump Price - IPMAN / Compensate Me By Supporting Iyan Zazzau To Be Speaker – El-rufai Begs Tinubu (2) (3) (4)
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Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Funkyswagzz(m): 10:10am On Jul 20, 2023 |
He told you he will slow down the economy so why u begging him. From my point of view I think he is on track. I believe he should increase the tax so many people will stop going to work. Maybe by that time agbado people will have sense 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by flokii: 10:11am On Jul 20, 2023 |
Let them keep following NNPCL like mum.u till they all fold up.. "market forces'' but the barawo pple are hiking price of PMS anyhow without taking current economic situation and living standards in the country into consideration.. It's all about excessive gain and easy money for them. With alternative fuels like LPG, Autogas & CNG for vehicles and biofuels, even firewood, plant and animal wastes (biomass) and charcoal used in rural areas, most of the marketers would soon go out of business.. They think they are killing Nigerians but are infact killing themselves. 2 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Mom007(f): 10:11am On Jul 20, 2023 |
Lol. Some people don't know how deregulation works😂 Tinubu don commot hand for Una matter. 6 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by iamdapsyj(m): 10:11am On Jul 20, 2023 |
Ikaeniyan0: Don't mind the idiot, he knows what he is trying to achieve. They want to force Fg hand by reverting the subsidy removal. Especially those mushrooms independent marketers. They know that they can't compete in a deregulated environment. My advice for them is to subject themselves to acquisition! 4 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by famology(m): 10:12am On Jul 20, 2023 |
Make una close down una filling stations. 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by aspabay(m): 10:12am On Jul 20, 2023 |
TINUBU CANNOT REDUCE PUMP PRICE WITHOUT REINTRODUCING SUBSIDY. The market forces of demand and supply will determine the price. 3 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by ehikwe22: 10:12am On Jul 20, 2023 |
2023Blessed:Tinubu is the evil Nigeria is battling right now. He used his looted funds to sponsor against this when it would have been much easier to cope because of his devilish ambition 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Manson1(m): 10:12am On Jul 20, 2023 |
Brainy007: I've got no time to join words with fools who can't read or comprehend simple English.. |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by YouAreNobody: 10:13am On Jul 20, 2023 |
Hezzyluv:If APC really meant well for this country they would've fixed the refineries during the 8 years they've been in power. Quit supporting bullshit |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by ComeToJesus: 10:13am On Jul 20, 2023 |
When a Pharaoh is in charge, that's what you get... Exaggerated sense of self importance and mediocrity hyped as good performance. |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by iamdapsyj(m): 10:13am On Jul 20, 2023 |
FacilitatorLekk: He/They are just been silly.....they know that can't compete in a deregulated environment 🤣😆 |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by RighChannel: 10:13am On Jul 20, 2023 |
TINUBU Mr Renewed Shege ProMax abeg reduce the price, IPMAN has begged you werey |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by iamdapsyj(m): 10:13am On Jul 20, 2023 |
2023Blessed: Gbam 🤣 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Remii(m): 10:14am On Jul 20, 2023 |
Ikaeniyan0:please tell them oo, and why have they not been asking the govt to reduce prices of diesel, kerosine, aviation fuel that they have been selling any price they like since like 10 yrs now? 3 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by bigiyaro(m): 10:14am On Jul 20, 2023 |
Why begging tinubu? Thought you guys said that the price is determined by market forces? Crooks everywhere. |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Nobody: 10:14am On Jul 20, 2023 |
Manson1: You dont know bat supporters. They are always looking for who to blame for tinubus failures. They go soon tire Set awon "you will wail for 8 years" don dey face reality🤣🤣 |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Hussein035: 10:15am On Jul 20, 2023 |
Bobloco: Once you see these people complaining just know that you are on the right track You marketers should merge and build huge refinery and stop posting rubbish, wicked looters 3 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by pikechukwu6(m): 10:15am On Jul 20, 2023 |
IPMAN trying to sound relevant ... The association is no more relevant. Fuel price has been deregulated. let the marketer reduce the price simple. 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by casualobserver: 10:16am On Jul 20, 2023 |
FacilitatorLekk: They are idiots. Most of them have 1 station. They have been able to run profitably in the fixed price subsidy regime despite inefficiencies because their selling price is guaranteed or they smuggle or sell their allocations to smugglers. Have you ever noticed all those 1 branch filling stations that are always closed…na dem. Now that the market has been deregulated, they can’t compete because they dont have the scale or efficiency to compete. This is exactly what deregulation is meant to fix. Petrol retailing is a low margin very competitive business. It’s not the kind of business that is profitable with 1 branch. Many fuel stations abroad don’t even make money from petrol retailing but from the retail shop attached to the stations. 5 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by GloriousGbola: 10:18am On Jul 20, 2023 |
And now the real competetion begins. Petrol has always been a low margin business. Money is made from volumes. The subsidy allowed every Tom dick and Harry to enter into the industry with minimum capital investment. This also led to falling of standards across board. Now actual competition and leveraging on infrastructure will begin. 8 Likes 2 Shares |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Harrynight(m): 10:18am On Jul 20, 2023 |
Tinubu claims that he took Lagos IGR from N600 million to N5 billion monthly during his administration as governor of the state. No body asked HOW? He want to do same to Nigeria |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by SmartyPants(m): 10:18am On Jul 20, 2023 |
FacilitatorLekk: They are asking for subsidy. 4 Likes 1 Share |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Watcharena: 10:20am On Jul 20, 2023 |
kcprince:That 12 naira you're calculating per ltr a single tanker will give them above 500k per trip , let's a tanker of 49,000 x12 that is a reasonable profit |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Kukutenla: 10:21am On Jul 20, 2023 |
nairalanda1:Let's compare your claims Nigeria is broke All our refineries are bad. Fuel is being smuggled. Which of the above has removal of subsidy cured? Cos last I checked, Nigerians got poorer with subsidy removal. Our naira lost value with forex devaluation Smuggling is still going on across our borders. So what's your point exactly? P.S. We have more poor people than Venezuela which you keep yapping about 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Spray(m): 10:21am On Jul 20, 2023 |
Ikaeniyan0:The market is deregulated then why is NNPC always in a hurry to announce a uniformity price? |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Hoelujohn: 10:23am On Jul 20, 2023 |
Ikaeniyan0:Interesting! Who increased the price from 505 |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by EdgarAllan007: 10:25am On Jul 20, 2023 |
If demand is down, price ought to come down too. Why is the reverse happening? 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by gabbytabby: 10:29am On Jul 20, 2023 |
PBAT should put money in the hands of smugglers and people who have been committing acts of economic sabotage. This man needs to be checked cos he must be smoking something. Bobloco: 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by drololaaof: 10:35am On Jul 20, 2023 |
Bobloco:When laughing to bank no complaints. 1 Like |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by Ikaeniyan0: 10:46am On Jul 20, 2023 |
frowland:The Private petrol stations needs to start leasing out their petrol stations to the NNPCL, so that they won't be run out of business. 2 Likes |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by NAC1666: 10:46am On Jul 20, 2023 |
Bobloco:Very soon,we no go use una fuel again...#bicycletransportation |
Re: Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu by etin06(m): 10:48am On Jul 20, 2023 |
EdgarAllan007:Because you can't sell below your cost price 2 Likes |
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