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Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsMarketers Engage Global Suppliers To Crash Petrol Price To N700/litre (14843 Views)

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Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Mitsurugi(m): 6:39pm On Jun 10, 2025
flokii:
Gradually, things are becoming stable in Nigeria.. just the security aspect remaining and I know our loving President will find solution to that as well
No dey use the beautiful name Floki to talk rubbish o angry
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by CodeTemplarr: 7:14pm On Jun 10, 2025
Media war. Few days ago, the marketers fired at dangote through their media men that it should be N750.
Dangote too is firing back i guess.
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by theredaddy: 7:29pm On Jun 10, 2025
flokii:
Yes I did, I even passed through university o and pg school (en route PhD).

Don't forget that Buhari removed subsidy.. the corruption with subsidy payments ended, reason for the high price of petroleum products. PBAT floated the naira, reason for the FX rates shooting high, but with time and improved productivity, normalcy will be restored.
subsidy Removal is nothing, Implementation is key a jambite should know that talk more of phD,

you dont throw a child away with bath water, Corruption is pertinent to everything naija govt do, nothing they wont loot or divert
What a sensible govt of the people should have done is creat a monitor system and ensure only vetted marketers are registered on the portal for direct audit periodically

Even if subsidy has to go, you must have ensured alternative source of energy are adequately available, where are the 100s of CNG buses Tinubu govt promised and how available is CNG stations


You cant posit positive growth overtime when the policies and moves on ground are clearly counter productivity, the only capital project ongoing is coastal road that will take over 30yrs .. add it to your age

We dont expect overnight magic, but for some of us that are economic enthusiast we dont see any trajectory to assert normalcy will be restored
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by andy4d2ofus(m): 7:30pm On Jun 10, 2025
Let the competition begins. Anything that will bring price down is allowed.
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Ofadaman(m): 8:52pm On Jun 10, 2025
Lol, dont believe anything you read online,

Tell me, how would imported fuel be cheaper than locally refined onee?.. if they had a partner that can give them fuel cheaper than Dangote, they wnt even make noise about it, they'd buy cheap and make bigger spread by selling to a Nigerians at old price

Truly, this refinery has humbled many of them, no more fuel queues
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by phemray(m): 10:26pm On Jun 10, 2025
helinues:
Abeg do quick. If possible, you can bring the price down more

The market is now free for all after the subsidy was removed
We even quickly forgot that the price once got to ₦1150/ litres at some point, we will surely get there
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:39pm On Jun 10, 2025
Charly68:
Ok now,they are fighting Dangote ...I hope their fuel is as good as Dangote fuel
Keep hoping!
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:41pm On Jun 10, 2025
flokii:
Dangote is a fly where the President is.. just one policy of Governement will end him and his monopolistic style of business.
My wish is for PMS price to reduce further so cost of living will reduce and Nigerians will be able to flourish again.
Keep wishing while petrol reduces by N5 and increases by N50 as the naira depreciates more against the dollar than appreciate.
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:42pm On Jun 10, 2025
crossbreedwears:
If the price doesnt go below 500 naira per litre, then we are still backward. How much did Buhari leave petrol?
How did Buhari leave the minimum wage?
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:44pm On Jun 10, 2025
kmaster007:
And they are telling us we get crude oil in this Nigerian. I just dey wonder while whr buy fuel high price
I just wonder while your minimum wage is N70,000
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:47pm On Jun 10, 2025
LibertyRep:
Free market

But quality should not be traded off.

Some unscrupulous businessmen could go as low as importing substandard fuel just to make dirty profit.
When you are done deceiving about quality of imported petrol, remember that the lowest minimum wage per hour in Europe is Nigerian monthly wage. So, imagine claiming it is cheaper import from Europe if not engine-knocking, evaporating, substandard rubbish.
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:48pm On Jun 10, 2025
Lanre4uonly:
Ok. Price competition is allowed in as much the fuel is of good quality.
Continue to deceive yourself patronizing substandard imported nonsense!
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Gboss247(m): 11:49pm On Jun 10, 2025
sehin79:
this is what competition brings we will get there...this is what happen in developed country
Standard petrol vs Substandard petrol!
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by frankputer: 8:36am On Jun 11, 2025
Ofadaman:
Lol, dont believe anything you read online,

Tell me, how would imported fuel be cheaper than locally refined onee?.. if they had a partner that can give them fuel cheaper than Dangote, they wnt even make noise about it, they'd buy cheap and make bigger spread by selling to a Nigerians at old price

Truly, this refinery has humbled many of them, no more fuel queues
So you don’t know that at the background NNPC might be involve in this propaganda; NNPC might be giving them at that rate from the background but on the surface they will have there standard selling price
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by crossbreedwears(m): 10:18am On Jun 11, 2025
The valuve of minimum wage as at when Buhari left power is better of today.
Gboss247:
How did Buhari leave the minimum wage?
Re: Marketers Engage Global Suppliers To Crash Petrol Price To N700/litre by Ofadaman(m): 11:24am On Jun 21, 2025
frankputer:
So you don’t know that at the background NNPC might be involve in this propaganda; NNPC might be giving them at that rate from the background but on the surface they will have there standard selling price
NNPC refineries are shutdown for maintenance , and at the moment NNPC buys retail fuel from Dangote and some marketers.
Dey play, my fans
1 2 3 4 Reply

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