₦airaland Forum

Saga16:
From time to time, government must intervene to prevent;

Monopoly
Scarcity
Social unrest
Security risks.

If you were in government, you would do the same.

Which monopoly?
The monopoly of NNPCL been the sole importer of petrol into Nigeria and hiding it's operation in secrecy?
The scarcity created by NNPCL whenever they want to increase the price of petrol?

Gboss247:
Which monopoly?
The monopoly of NNPCL been the sole importer of petrol into Nigeria and hiding it's operation in secrecy?
The scarcity created by NNPCL whenever they want to increase the price of petrol?

I don't know why you think I want NNPC or even Dangote to be the sole producer/importer.

Gboss247:
You love self-deception
You export crude to Europe and import petrol at €2/petrol and using secret subsidy to cover up

Be deceiving urself, Ghana sells 15.96 cedis which is equal to 1usd

Judolisco:
all of you saying monopoly... Nothing stops you from building your own refinery

Why are they stopping marketers from importing?

lereinter:
You don't understand what monopoly means, nnpc will not tell you it's importing cos of monopoly, highest it will say cos of availability

Sebi they say pH refinery is working, let's assume they have sold all crude, why don't they import crude instead of petrol

You finished your nonsense without telling me the meaning of Monopoly

Gboss247:
Imagine importing a litre of petrol from Europe where the cheapest price is €1.7/litre i.e N2,720, then landing cost in Nigeria becomes N900+.
Later, you hear importers demanding for under-recovery from the federal government.

Where are you getting this your price from?😆 Oil marketers in Nigeria are not buying petrol from filling stations in Europe, they are buying directly from the refineries.

You're the only person have seen claiming government is still paying subsidy.

Paraman:
Where are you getting this your price from?😆 Oil marketers in Nigeria are not buying petrol from filling stations in Europe, they are buying directly from the refineries.

You're the only person have seen claiming government is still paying subsidy.

I gave the details of the reality but it seems you sworn to be deceived by politicians, good luck!

Gboss247:
I gave the details of the reality but it seems you sworn to be deceived by politicians, good luck!

Tinubu administration is not paying 1 kobo as subsidy. You're spreading a false news

Paraman:
Tinubu administration is not paying 1 kobo as subsidy. You're spreading a false news

Explain the magic behinda litre of petrol that cost €2 (N3,200)/ litre to import from Europe is having a landing of N900+ with importers demanding under-recovery cost from the federal government

Paraman:
Importation of fuel will not be banned in Nigeria.

That's fine

But no more subsidy.

Encourage building of refineries

Gboss247:
Explain the magic behinda litre of petrol that cost €2 (N3,200)/ litre to import from Europe is having a landing of N900+ with importers demanding under-recovery cost from the federal government

There's no refinery in Europe that sells petrol fot up to €2/litre

Joey4321:
That's fine

But no more subsidy.

Encourage building of refineries

Government is no more subsidizing

Paraman:
There's no refinery in Europe that sells petrol fot up to €2/litre

Make the refinery where you and NNPCL imports your fictional cheap petrol from?

Gboss247:
Make the refinery where you and NNPCL imports your fictional cheap petrol from?

NNPCL has not imported a litre of petrol into Nigeria this year. You're just talking anyhow

No refinery sell petrol for up to €2/litre anywhere around the world

Paraman:
NNPCL has not imported a litre of petrol into Nigeria this year. You're just talking anyhow

No refinery sell petrol for up to €2/litre anywhere around the world

NNPCL has not imported petrol this same according to you but NNPCL imports 25 million litres per day.
Keep defending nonsense just for 23,000 NGN

Mccollins042:
Be deceiving urself, Ghana sells 15.96 cedis which is equal to 1usd

Compare the value of cedis to euros

Gboss247:
Compare the value of cedis to euros

What does that conversion do for Ur arguement? I have already converted it to dollars for you

Saga16:
From time to time, government must intervene to prevent;

Monopoly
Scarcity
Social unrest
Security risks.

If you were in government, you would do the same.

Either intervene fully and bring back subsided or don’t. Let them stop paying small subsidy because they want to bring down their price to match dangote’s.
They are wasting scarce dollars.